Creating Accelerated Value for Customers

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` May 25, 2021 Creating Accelerated Value for Customers Abhay Jacob, Manager Rebecca South, Senior DG Consultant

Transcript of Creating Accelerated Value for Customers

Page 1: Creating Accelerated Value for Customers

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May 25, 2021

Creating Accelerated Value for CustomersAbhay Jacob, ManagerRebecca South, Senior DG Consultant

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Creating Accelerated Value for Customers

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Background Understand Customer Trends

Accelerate First Time to Value

High Value Use Case Selection

Implementation Planning

Q&A

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May 2021

Creating Accelerated Value for CustomersRebecca SouthSr Consultant, Data Governance

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• Analyze Customer trends and patterns- Industry and product selection

- Common pain points and use cases- Prioritized capabilities and features

• Accelerate First Time to Value

- High value use cases- Implementation plan

- Repeatable experience- Demonstrate ROI

Accelerated Customer Value = Shortened First Time to Value

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Onboarding Projects by Industry

23%

FinancialServices

Healthcare

18%

ManufacturingBusinessServices

Membership Services

14% 14% 14%

Axon+

EDC60% 50% 100% 66% 100%

Timeframe: April 2020 – April 2021

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Collective Pain Points Across Customers

Lack of a central repository for standard definitions of

key data elements or metrics

Silo information or “tribal knowledge” prevents self

discovery

Lack of visibility to usage of data and impact of data

changes

Lack of visibility to where sensitive data resides

Large manual efforts to catalog assets in MDM

projects

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Most Common Business Challenges Business challenge themes that drive initial focus as Onboarding Projects

Impact analysis Data projects Merger/acquisition Software changes Transparency amongst teams

Data Quality Self service Data Security Regulatory compliance

Master data management

initiative

Data discovery (PHI, PII, etc) IT efficiencies Data governance

program maturityData discovery (PHI, PII, PCI)

Self service

Transparency amongst teamsImpact Analysis

Master data management

initiative

Timeframe: April 2020 – April 2021

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High Value Features and Capabilities Three capabilities emerged as having high value and delivering quick wins

Self Discovery: Locate a key data element, understand standard definition, see its point of origin

Accelerate Knowledge & Impact Analysis: Discover how a key data element is used across reports and systems

Domain Discovery: Classify and detect PII / PHI / PCI data elements in physical assets

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Operational Efficiencies - Reduction in manual effort to catalog

data sources (80%)

- Reduction in time to locate data for analytics (50%)

- Reduction in emails, time spent answering questions (50-70%)

- Reduction in time to find Sensitive data

Most Common KPIs

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Use Case and Capability Trends by Industry

FinancialServices

Healthcare

Manufacturing

BusinessServices

Membership Services

Timeframe: April 2020 – April 2021

CustomerPII/PHI

CustomerPII/PCI

Product

CustomerPII

CustomerPII/PCI

Product

Standard DefinitionsAccelerated Understanding

Data DiscoveryMaster Data Initiatives

Self ServiceMaster Data Initiatives

Impact Analysis

Transparency across Teams

Data DiscoveryMaster Data Initiatives

Accelerated UnderstandingProgressively Build Lineage

Challenges Subject Area Capability FeaturesGlossaryDatasets

Stakeholders

GlossaryLineage

Accelerated UnderstandingProgressively Build Lineage

GlossaryAttributesLineage

Accelerated UnderstandingProgressively Build Lineage

GlossaryStakeholders

Lineage

Standard DefinitionsProgressively Build Lineage

GlossaryPolicy

Lineage

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Accelerate First Time to Value

Implementation Plan Measure OutcomesHigh Value Use Case

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Identify a Business Challenge for a Quick WinMost common scenarios that drove pilot project selection

• Current Reporting• Current Processes

• Regulatory Concerns• Data Quality Issues

• Tribal Knowledge• Inconsistent Definitions• Visibility to Data Sources

• Defined Subject Areas• Defined Policies

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Implementation PlanningDeveloping a standard, repeatable Playbook saves time in each pilot

Aim for an Aha! moment

Create an onboarding guide

Create clear paths to completion and show progress

Friction-free as possible

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Best Practice ExamplesSelf Discovery: Locate a key data element, understand standard definition, see its point of origin

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Ways to Demonstrate the ValueShowcasing the benefits of the pilot project is an important factor to accelerate business adoption

High Value Outcomes

Silo information or “tribal knowledge” prevents self discovery

Lack of a central repository for standard definitions of key data elements or metrics

Central Glossary for Self Service

Standard definition eliminates confusion and questions

Quick identification of Glossary Owner

Key Data Elements (KDE) connected to Physical assets for data discovery

Eliminated 80% of email traffic

Reduced data discovery phase by 80%

Reduced mis-use of KDE by 90%

Standard definitions for 50% of KDE’s

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Accelerated Time to ValueShorten the Discovery Window, Implementation Time, Time to Realized Value

Use Case Discovery

Phase I Phase II Phase III

Use Case Implementation

Use Case Outcome

Identify Business Drivers / Outcomes

Define Use Case and Identify Pain Points

Define Outcomes and Success CriteriaScript use case details

Use case set up in Axon and/or EDC

Valu

e =

Adop

tion

Evaluate use case / pilot against success criteria

Capture Lessons Learned, Best Practices

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Q&A

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Technical and Business Workshops

Follow up Sessions

Assessments

We’re Ready to Help!Different ways we can help For follow up and additional questions, please

reach out to:

Chris Main ([email protected])Sr. Director-Professional

ServicesNorth America

Ian Parker([email protected])VP-Professional Services

APJ

Ian Baxter([email protected])

Director-Professional ServicesEMEA

Customized Engagements

Technical and Business Advisors

Implementation Support