3. What is Return on Investment and when ?
How can I trust technology to make decisions ?
What are the hidden costs ?
Business and organizational process changes ?
4. Return on Investment
Cost and Risk Mitigation Revenue Generation
Current Costs
Cost saving Use Cases
Predictive Models
Cost savings Model
Project and lifecycle costs*
50% - 300%
Norm
Revenue Use Cases
Predictive Models
Revenue Model
Project and lifecycle costs*
???
*Hidden costs
5. Trusting technology to make decisions
Descriptive Predictive Prescriptive
Level of Business Trust
Target Business Entities
Predictive
Model
Business
Intuition
Target Business Entities
Prescriptive
Model
Business
Intuition
Env Env
6. Business and Organizational structures
CDO
IT LOBLOB Corp
+ Higher quality Models
+ Economies of Scale
+ Data Ownership Boundaries
- Data Migration Projects*
- Org Changes*
*Hidden costs
IT LOBLOB Corp
+ Fewer Dependencies
+ Quicker Time to Insights
- Data Federation*
- Data Security*
- Data Ownership and Management*