5. “If HP knew what HP knows, we would be
three times as profitable.”
Lew Platt
Former CEO of Hewlett-Packard
@rand_group
6. Scenario 1: Oil & Gas Value
If somebody said “do you realize you are losing 50
million a year”, that would suddenly become the top
of their radar screen.
@rand_group
10. What is BI?
The ability for an
organization to take all its
capabilities and convert
them into knowledge.
@rand_group
11. Data Usage
Organizations effectively utilize less than 5% of
their available data.
- Forester
If two companies use data with the same
effectiveness but one handles 15% and
the other 5% of available data, who
wins?
- Leadership Council for Information Advantage
@rand_group
12. For what?
Desire to optimize business operations
Desire to predict promising new business opps
Desire to identify risk
Need to stay in compliance with reg. requirements
- Information Week BI Trends, 2012
@rand_group
13. So what? Top Applications
Advanced Analytics (Predictives / Stat. analysis)
Exception Management
Advanced data visualization capabilities
Embedded BI
This has stayed consistent from 2011 – 2012
- Information Week BI Trends, 2012
@rand_group
14. Challenge 1: Information Overload
Volume of electronic records is
“increasing rapidly” for 70% of
organizations with none
indicating a decrease in volume
› AIIM Report, 2009
@rand_group
16. Challenge 3: Data Management
An asset team generating $100M of value a year derives $25M -
$33M of value from data.
- Schlumberger + CDA. Value of Data Management 2010
@rand_group
18. Create Single Version of the Truth
Problem: Each renegade mart, which is typically a SQL or
Microsoft Access database running on an analyst’s desktop,
costs eBay about $500,000 a year and undermines the single
version of truth.
Solution: Consolidate data warehouses and make it easy for
users to access.
@rand_group
22. In Summary…
Problem: Data is growing and getting harder to fully leverage
Opportunity: Find new opportunities, reduce error and trim
costs by leveraging data
Solution: SharePoint 2010 provides a powerful foundation
@rand_group
p.6 of reportThe total value delivered each year by projects The company‟s balance between exploration, production and development The contribution that knowledge of the subsurface delivers to these activities The extent to which interpretation of the subsurface is dependent on the data