In case you missed it, here is what Fernando Alvarez, Chief Digital Officer of Capgemini Consulting presented at the CDO Summit in New York today.
Keynote 5: Digital as a State of Mind: Unlocking Big Data Potential and Tackling Digital Disruption
Digital innovation is shaking the core of every industry and incumbents are struggling to respond. Capgemini Consulting’s Chief Digital Officer, Fernando Alvarez, provides insight in to how a ‘digital state of mind’ underlines a successful strategy for responding to digital disruption. Indeed, when it’s a state of mind, digital transformation is an enabler of business transformation.
Digital As A State Of Mind - Fernando Alvarez Presents at #CDOSummitNYC
1. Transform to the power of digital
Digital as a State of Mind
Unlocking Big Data Potential and Tackling Digital Disruption
Fernando Alvarez, CDO Summit, NYC, April 2015
Worldwide coverage - spanning Europe, North America and Asia Pacific
Targeted senior level Analytics, Business and IT executives
Covered 226 respondents in all
Almost 60% of companies agree that Big Data will disrupt their industry in the next three years (21 % strongly agree, 36% agree)
And yet companies are even struggling with their POCs (Compounded Success Rates: Overall - 38%, Europe - 38%, NA - 38%)
Effective stewardship lacking for Big Data initiatives
Project selection not driven by corporate strategy
Use cases not selected in the best way possible
No way to measure the success of Big Data initiatives
Creating a clear roadmap helps identify the important milestones and timelines
Having a dedicated governance unit helps drive the initiatives smoothly
Criteria for use case selection enable focus on the best and most feasible use cases
Data Management can be streamlined through internal and external means
Creating robust policies and processes enables more effective management of data
Partnering with specialist firms helps leverage data management and analytics capabilities