TURN YOUR DATA INTO REVENUE - EIC Federation · Understand the unknown: be ahead of your...
Transcript of TURN YOUR DATA INTO REVENUE - EIC Federation · Understand the unknown: be ahead of your...
Platformoftrust.net @PlatformOfTrust #dataliikkuu #dataflows
Toni Luhti
Chief Executive Officer
Platformoftrust.net @PlatformOfTrust #dataliikkuu #dataflows
All direct and indirect factors cannot be taken into account when operating in silos.
Cities and buildings has huge amount of data collection points and data available to be utilized.
High-technology, healthcare and energydomains are utilizing data in almost everybusiness practices. *
R&D is taking benefit of data almost in everyindustry. *
Sales and marketing operations have been changed or impacted fundamentally by data (in all business domains). *
* Source: McKinsey 2017, Fueling growth through data monetization.
Platformoftrust.net @PlatformOfTrust #dataliikkuu #dataflows
• In multiple solutions like CRM, ERP, property management, energy management, etc.
• In multiple locations like databases, excel-sheets, emails, etc.
• In 3rd party services like external contractors and in their systems.
• Available through thousands of hardware sensors, applications or interactions.
You actually need to work in order be able to use your data.
PLATFORMOFTRUST.NET | @PLATFORMOFTRUST | #DATALIIKKUU | #DATAFLOWS
• Reporting (static view to the past)• Ad-hoc reporting (how offen, when
and where)• Locate the problem or bottle-neck• Alerts and cautions• To justify and validate actions.
Everyone (you and your competitors) are doing these.
Platformoftrust.net @PlatformOfTrust #dataliikkuu #dataflows
Construction and Real
Estatesegment
CO2
Humidity
PeopleFlow
Energy
Recycling
Security
Lightning
Temperature
H2O
Insurances
Efficiency
Usage level
Waste management
Supply chainLogistics
Traffic
Product management
Tenant
Apartment
Parking
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Platformoftrust.net @PlatformOfTrust #dataliikkuu #dataflows
Competitive advantage can be done only if you…
• Make all data available; make sure that your data has
excellent quality and remarkable quantity
• Make all your data to machine-readable format
• Focus on things what you don’t know (the unknown)
• Focus on the questions what you’ll ask from the data
• Find long causal connections between all direct and
indirect factors
Platformoftrust.net @PlatformOfTrust #dataliikkuu #dataflowsPLATFORMOFTRUST.NET | @PLATFORMOFTRUST | #DATALIIKKUU | #DATAFLOWS Toni Luhti, +358 50 5066 327, [email protected]
IMPACT OF SMART DATA
Construction and Real
Estatesegment
Cost savings and quality
Innovations and design
Pe
rform
an
ce
imp
rov
em
en
tsB
ett
er
serv
ice
sa
nd
cu
sto
me
rsa
tisf
acti
on CO2
Humidity
PeopleFlow
Energy
Recycling
Security
Lightning
Temperature
H2O
Insurances
Efficiency
Usage level
Waste management
Supply chainLogistics
Traffic
Product management
Tenant
Apartment
Parking
Automation
Logistics domain
Security domain
Insurance domain
Energy domain
Greentechdomain
Transportationdomain
Mobilitydomain
Healthcare domain
Technology domain
Public and governance
Telecom domain
Finance domain
Educationdomain
Travel & tourismdomain
Legal domain
Engineering domain
Platformoftrust.net @PlatformOfTrust #dataliikkuu #dataflows
YOUR COMPETITIVE ADVANTAGECOMES FROM YOUR DATA.
1. New insights from indirect factors; Why something is happening? Reasoning and deep
causal connections.
2. Simulations and scenarions: Forecasting (what happens if trends remains the same)
3. Predictive modeling (what will happen)
4. Optimization (what we can do to be the best on this matter)
5. Understand the unknown: be ahead of your competitors
6. Monetize your data (and sell it)!
Platformoftrust.net @PlatformOfTrust #dataliikkuu #dataflows
Competitive advantage for tomorrow´s business relies on data.MAKE YOUR DATA WORK FOR YOU, NOT THE OTHER WAY AROUND.