Harvesting analytics and AI to reinvent the traditional ... · 1/5 vs traditional approach E.g....

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Harvesting analytics and AI to reinvent the traditional approach to problem solving

Transcript of Harvesting analytics and AI to reinvent the traditional ... · 1/5 vs traditional approach E.g....

Harvesting analytics

and AI to reinvent the

traditional approach to problem solving

Business is

anything but usual

2018: 7 Tech

1091

976

877

839

473

423

388

523

379

370

Apple Inc.

Amazon.com

Microsoft

Alphabet Inc.

Berkshire Hathaway

Facebook

Alibaba Group

Tencent

JPMorgan Chase

Johnson & Johnson

20 years or less: average

age of S&P 500

companies

Efficiency x 50

Cost per transaction 1/7

Top 10 Largest Public Companies by Market Cap

Over 10 Years ($ bn)

Growth after

transformation

Traditional business

Digital Giants

Gap

What is the underlying problem?

Data & technology

consolidate as a

disruptive business

driver

Distributed vs. monolithic

Single Platform Natives: Distributed IT

age

Traditional Companies: Monolithic age

Technology

Traditional Companies are facing the legacy of monolithic technology

80% x750%Time and cost to move

data around due to a

separation between

operations and

intelligence

Number of FTEs that

are required for data

management through

a legacy state

Less than half the

time are algorithms

implemented in

operations

Tech experts Tech experts

TRYING TO COMPETE IN THE

TECHNOLOGY PLAYGROUND

Traditional

companies

TRADITIONAL BUSINESSES WILL FAIL

Digital Giants

How do we solve this problem?

Business data Fabric is the

future.

01Data-centric platform

02AI-led data management

Introducing 3 disruptions

10x more efficient

90% less FTEs

03

IT for BusinessIT4B

x5 Speed

SAP: ERP

Logistic

s

Stock

CR

M

Call

Cent

er

Big Data LakeDATA

MART

DATA

MART

DATA

WAREHOUSE

TP

V

AP

P

Lost

data

Campaig

n

Manager

Lost

data

Producti

on Line

E-

commerce

Operations

[separated from]

Data Intelligence

PROBLEMS

Data from

operations to

analytics

Intelligence from

analytics to

operations

Problem #1: Data silos and monolithic application centric organizations01 Data-centric

platform

02 AI led data management

A Business data layer is created through automated matching between technical data and business terms

Business terms &ontologies

Use case The benefits of the semantic data layer to deploy AI at scale and reduce time to market and cost

"A top 10 global bank is building a global platform

for trade finance (international factoring &

confirming, payments, FX…etc.)

The Challenge

Total reduction after

5 clients/countries/BU

41M vs 8M

1/5 the cost

Time To Market

Total development cost

1/5

100MClients

Top 10 global Bank

150kEmployees

+50Countries

Operations

[separated from]

Data Intelligence

PROBLEMS

03 IT for BusinessIT4B

Applications decouple from technology thanks to the business data layer

Sector data architecture and business terms standardization

UK

tenant

US

tenant

ITA

tenant

ERP CRM …

IT4 Business

Business experts Business

experts

BUSINESS

PLAYGROUND

Traditional

companies

TRADITIONAL BUSINESSES WIN

From enterprise-

wide to sector- wide

From devOps to devAI

From the technology playground to the business playground

Digital Giants

Longer process

Difficult to maintain

Higher cost

Non scalable and reusable

70’s 90’s CURRENT

Distributed PlatformsInternet Host

Legacy tecnology

Old Expensive Technology High Complexity

High Cost

Monolitic Silos Creation

Little Intelligence

No decomision of tech.

Human based procesess No automation

IT for Business

IT4B

Business Data Fabric

Semantic Services

Business-driven AI

Proactive Governance

Business assets

Business Domain Modeling

Technical legacy IT

The future

Enterprise

Powered by

Technoscience

&

Trusted

Intelligence

BUSINESS DATA FABRIC

Transforming a business through the business data fabric

Regaining control on your

future

Page 17

AI LED DATA

MANAGEMENT

GREENFIELD

Automatization of

Data Governance

and Data

Engineering

Launch of a new

business ventures,

becoming digital

natives by design

Data management

40% to 80% less human

Intervention required

BUSINESS DRIVEN

SOLUTIONS

Accelerate time to

market in building

business solutions

Speed

Productivity

4 uses cases for business transformation

IT

TRANSFORMATION

Enable

decommissioning

roadmap from legacy

to distributed

technology

Time to market

1/5 vs traditional approach

E.g. FinCrime, forecasting

Revenues

margin

Decommission vs

maintain

1.5 years payback

1/7 total cost of operation

Revenues

margin

AI digital native

50x times more efficient

operations

Reinvent

the future

Use case: Industry – RetailData sharing & data trading between Bank & Retailer

• Optimization of future consumer

demand

• Reduces time-costs, and optimizes

marketing investments

Business Driven Solution

Sharing valuable data between consumer products and retailers

Page 19

Water management utility firm based

in a traditional stack (Hosted

applications)

125

years old

Sensor-based (from source to

delivery) of the total pipe network70%

To take advantage of inputs to create

actionable intelligenceInability

SituationUse case: Utilities

Benefits

Transformed from a local utility to a global software provider

Fraud detected

Automatization through AI

Predict consumption

Maximized repair efficiency

9x in ingestion data volume per month

25x in sensor data reading/minute

8.3% increase in sector efficiency

Greenfield

Beatriz Sanz Sáiz

Global Data Analytics Leader