Big Data for the Little Guy - Brad Smith Data Roundtable
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Big Data for the Little Guy - Brad Smith Data Roundtable

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CEO Brad Smith shares findings from a 10-year forecast on how big data will impact individuals and small businesses and Intuit's point of view on an emerging trend: Big Data for the Little Guy. Smith ...

CEO Brad Smith shares findings from a 10-year forecast on how big data will impact individuals and small businesses and Intuit's point of view on an emerging trend: Big Data for the Little Guy. Smith shares two examples, among several, of Intuit's data-driven innovations. For more visit network.intuit.com

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Big Data for the Little Guy - Brad Smith Data Roundtable Big Data for the Little Guy - Brad Smith Data Roundtable Presentation Transcript

  • Big Data for the Little Guy Brad Smith President and CEO
  • New Research on Big Data Intuit 2020 Report: The New Data Democracy How Big Data Will Revolutionize the Lives of Small Business and Consumers •  Authored by Steve King and Carolyn Ockels, Emergent Research •  Methodology: Mix of research and forecast methods •  Released 12/14/12
  • •  Explosive tech growth fueling a data revolution.•  Global volume of digital data to increase 40-fold.•  Access to cheap, sophisticated, data-powered tools & systems give consumers & small businesses an edge.•  Data quickly becoming a new type of vital raw material.
  • •  Drives decision-making.•  Tasks delegated to digital concierges.•  Creates new market transparency that radically alters how business is done.•  Will build a stronger community.
  • •  Levels the playing field.•  Will bring back the level of personal service.•  Creates opportunities for new & existing small businesses.•  Sensors, smart machines will help do the work.
  • Research Summary The New Data Democracy Data will become a new vital raw material Data Empowers Consumers Data will help people navigate modern life Data Drives Main Street Digital New rules emerge for being smart in small business
  • •  Data-driven insights empower people to save time and money and make meaningful changes in their lives.•  Small businesses now have access to insights that were once only available to big, multi-million dollar companies.•  Data and data-driven insights are the fuel of the 21st Century global economy.
  • Intuit is a Leader in this Trend Entrusted with the collective data of our 60 million customers… 45 million using connected services. Applying Intuit’s core capabilities, the secret sauce that has made Intuit a trusted global brand. Customer Driven Innovation Design for Delight All of Intuit’s data-driven innovations are built on a strong foundation of privacy, security and customer choice.
  • Data a Pillar of our Growth Strategy
  • Improving Our Customers’ Financial Lives So Profoundly… Small Businesses Accountants Employees Financial Consumers Institutions Government Suppliers Developers Delivering awesome product experiences
  • Improving Our Customers’ Financial Lives So Profoundly… Small Businesses Accountants Employees Financial Consumers Institutions Government Suppliers Developers Delivering awesome product experiences Enabling the contributions of others
  • Improving Our Customers’ Financial Lives So Profoundly… Small Businesses Accountants Employees Financial Consumers Institutions Government Suppliers More than $2.4B in savings Developers identified Delivering awesome product experiences Enabling the contributions of others Using data to create delight
  • Improving Our Customers’ Financial Lives So Profoundly… Small Businesses Accountants Employees Financial Consumers Institutions Government SuppliersHelp customers obtain capital faster DevelopersHelp lenders make moreinformed risk decisions Delivering awesome product experiences Enabling the contributions of others Using data to create delight
  • Improving Our Customers’ Financial Lives So Profoundly… Small Businesses Accountants Employees FIs Consumers Gov’t Suppliers Developers Delivering awesome product experiences Enabling the contributions of others Using data to create delight