The nexus of forces (Social, Mobile, Information and Cloud) is dramatically changing our business environment. The availability of data provides organisations with exciting new options. This presentation explore the following questions:
- What is the role of the IT function in turning this data into relevant information?
- How can this development become an opportunity for the CIO or IT Director to play a more influential role rather than being a threat of losing control?
1. All Things Data: Opportunity or
Threat?
Frits de Vroet
C-Insight Australia
www.c-insight.com.au
Twitter: @FritsdeVroet
2. Introduction
Business management Strategy & Quality Information Technology (CIO)
Business Process Optimisation (CPO) Executive Advisory
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14 September, 2014
3. Contents
• The nexus of forces (Social, Mobile, Information and Cloud) is dramatically
changing our business environment
• The availability of data provides organisations with exciting new options
• What is the role of the IT function in turning this data into relevant
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information?
• How can this development become an opportunity for the CIO or IT Director
to play a more influential role rather than being a threat of losing control?
14 September, 2014
5. Big Data Analytics
Big data analytics refers to the process of collecting, organizing and analysing large
sets of data ("big data") to discover patterns and other useful information
Big data is characterised by the following dimensions: Volume, Velocity and Variety
With the right big data analytics platforms in place, an enterprise can boost sales,
increase efficiency, and improve operations, customer service and risk management
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6. Big Data Sources
Sensor
Machine Log
Location
Internet of Things
Data Storage
Public Web
Social Media
Business Apps
Media
Documents
Archives
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7. Who will succeed?
Leading companies
Understand relationships between behaviour, sentiment, history,
location and intention
Create innovative products and services reaching new customers in new
ways
Embrace digitisation of their business processes and utilise that to drive
business transformation
Create new roles like data scientists, customer experience experts and
master data managers
Adjust without uprooting business models and system architectures(?)
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8. Threats for IT
Losing control – ability of functions and employees to go at it alone
Rogue IT (top CIOs control about 65% of total IT spend)
Diminishing value of traditional IT organisation
Big legacy systems that require IT (and business) transformation – this
nowadays includes SAP, Oracle and MSFT ERP platforms…
25% of CIOs is perceived as a true business peer; 48% is seen as a cost
centre or service provider and primarily manage IT crises…
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9. Changing Role of IT
Traditional
Gather business requirements
Build or source an application
and required infrastructure
Educate ‘the business’ on how
to use the tool
Ensure availability,
performance, etc.
Manage IT crises
Future = Now
Adapt and Absorb technologies
Align and Facilitate within the
organisation
Combine and Integrate
Applications, Data and Vendors
Manage business and vendor
relationships
Avoid IT crises?
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10. Adapt and Absorb
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CIO as a Business Leader
Enable transformational change
Drive business optimisation through process redesign (supported by IT
applications)
Establish necessary Governance structures to manage risk
Control cost to serve
Ensure the basics are in place
Finalise Application Rationalisation
Update IT Strategy and Application Roadmaps
Establish an Enterprise Architecture including Process and Data Architecture
with associated process and data owners (positioned in operations and
functions)
Recruit for new roles such as data scientists, master data managers, etc.
11. Align and Facilitate
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CIO as a Venture Capitalist
Seek new ideas that will challenge the business’ status quo
Build an innovation pipeline (of big data projects)
Create incubators and help fund new initiatives
Identify a business champion
Communicate the potential and success of new initiatives
Help other executives seize opportunities
Talk to them!
Provide easy access to skilled staff so that they don’t have to go to other
vendors
Create transparency through cross functional forums (IT council, project board,
innovation board, etc.)
12. Combine and Integrate
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CIO as an Information Broker
Establish the new IT Landscape
Develop a cloud strategy
Establish appropriate middleware –
become the data broker/cloud
intermediary
Facilitate absorption of new
applications and data sources
Time to Market and Agility are key
success factors
13. Manage Business and Vendors
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CIO as a Product Manager
Develop an efficient data architecture
Manage both production and non-production data
Tease out big data requirements of internal customers
Engineer a solution to absorb and manage fast-changing and voluminous
data from a proliferation of sources (internal and external)
Productise
Create a product map of standardised offerings
Set architectural standards to ensure integration
Select and maintain strong relationship with vendors
Understand product profitability -> business impact and total of ownership
14. Getting a seat at the table
Focus on the customer – be relentlessly customer
centric
Build credibility through contribution – manage risks
and create business opportunities
Business acumen – be an equal business peer
Social acumen – communicate through blogs,
internal social networks, external engagements,
twitter, etc.
Assume broader responsibilities – Digital Officer,
Data Officer, Business Process Optimisation,
Procurement, Vendor Management, Innovation
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15. Questions?
Frits de Vroet
C-Insight Australia
www.c-insight.com.au
Twitter: @FritsdeVroet
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Notas del editor
Mobile devices are the platform for delivery of information
Social links people to their work and each other in new ways
Cloud enables delivery of information across platforms and locations
Information is gathered from various – mashable – sources and delivered in flexible ways.