Research Keynote Dr. Kapil Dev Singh Founder and CEO, Coeus Age Consulting kds@coeusage.com; +91 9811771187
Emerging Data Economy Holistically Managing Data Strategically Leveraging Data Building a Use Case
Data is the new currency
Air BnB Uber Amazon
30 B USD 70 B USD 500 + B USD
GE, Toyota, and Unilever
Taming the data explosion
46,000,000,000,000,000,000,000 B Structured & Transactional
12-15%
Sensors
ERP CRM SCM 2010
Social Media Docs Emails Web Logs
Unstructured and…. Operational Text Images Conversations Actions Behaviour Gestures
M2M
Geo Location
2020
85-88%
Two critical areas
Holistic Management of Data
Strategic Leverage of Data
Emerging Data Economy Holistically Managing Data Strategically Leveraging Data Building a Use Case
Eleven data imperatives meaningful data presentation
rapid data analytics
better data quality
faster data access
higher data availability
continuous data feed
smoother data exchange
speedier data flow
more data variety
broader data collection
higher data security
Source – Coeus Age Consulting, 2017
Emerging Data Economy Holistically Managing Data Strategically Leveraging Data Building a Use Case
Weaving strategy and digital in a single narrative The digital initiatives must have a high degree of fit with the strategic orientation (STRATEGIC FIT) and the transformation focus (OPERATIONAL FIT)
Emerging Data Economy Holistically Managing Data Strategically Leveraging Data Building a Use Case
Learning from the Gems of Digital™ Strong Connect Between Digital and Growth Strategy
Efficiency and Innovation Coexist
Collaborative Leadership for Leveraging Digital Assets
Strong Technology Platform is a Given
360 Degrees Relevance of Digital
Digital technologies for Continuos Expérimentation
‘Engage, Enable, ‘Engage, Enable, Empower, andand Empower, Extend’ is is Extend’ at the Core at the Core of of Transformation Transformation
New Digital Players
New CIO Leadership
Source - Coeus Age Consulting, 2017
Operationalizing ‘thriving in a data economy’
Six operational routes for thriving in a data economy
Reconciling in the middle
Disruption = something new?
More Levers = New Business Model
Thank You Research Keynote Dr. Kapil Dev Singh Founder and CEO, Coeus Age Consulting kds@coeusage.com; +91 9811771187