Big data presentation

DIGITAL
TRANSFORMATION
BIG DATA, IOT AND AI
TIM HUMPHREY
PRESIDENT AND FOUNDER
HEADWATERS CONSULTING, LLC
TRENDS AND THOUGHTS ON BIG DATA AND BEGINNING YOUR
DIGITAL TRANSFORMATION

POSSIBILITY AND ACCELERATING CHANGE
• 1831 Telegraph … 1876 Telephone … 1902 Radio … 1973 Mobile Phone
142 years
• 1752 Franklin discovers electricity … 1879 Light bulb … 1882 1st power plant
130 years
• 1903 First Flight … 1939 First jet … 1969 Moon Landing
66 years
• 1947 Transistor invented … 1971 microprocessor … 1975 1st PC … 1991
Internet 28 yearsAll this innovation was
accomplished with less
computing power than we hold
in our hands today … Imagine
© 2019 Headwaters Global, llc.

WE ARE ALREADY DATA DRIVEN. AREN’T
WE?
The availability of tools and
data has been prevalent in
business and industry for
years right?
• Spread Sheets
• MRP Systems
• Relational Databases
• Six Sigma
• Metrics
Yes, all businesses use data and information to
make decisions. … BUT thanks to new technology
it is changing accelerating exponentially today.
The availability of more and better information is
significant.

THIS REALLY IS DIFFERENT
The change taking place today is a tectonic shift in potential and
opportunity.
Exponential growth in data and connection
Rate of data generation
1992: 100GB / Day 2018: 50,000 GB / Second!
Connection
1960: 3B people on earth 2016: 3B people – on the internet!
All data ever created
history-2016: 10% 2016-2018: 90%
The untapped potential available in analyzing and
learning from all this data presents the greatest
opportunity to advance every aspect of life and
business in human history.
Now its over 4B
That’s 43M times more

A WORD ON SCALE
• Internet traffic in 2016 reached 1
Zetabyte
• By 2020 it is projected that 1.7MB of
data will be generated every second
for every person on earth … that is
2X 2016.
2 Terrabytes of data would fill ~60
billion 32MB ipads … enough to build
the great wall of china TWICE

WHERE IS THE DATA COMING FROM?
The Internet of Things
50-200 billion devices by 2020
$1.7T in spending by 2020
$10-15 Trillion added to global GDP
Less than 1% of things than can be connected actua
85% of people don’t know what IoT is
2008 connected devices > people on earth
2020 connected devices > 26 / person on earth
There are opportunities
everywhere in Big Data

WHAT IS DRIVING THE DATA AND IOT
CHANGE
WIFI
Artificial
Intelligen
ce
Sensors
Robotics
IoT
Cloud
Computing &
Microprocess
ors
Economics
Miniaturizati
on
Connectivi
ty
There are multiple
technology trends at
the heart of the IoT
and data
transformation
Underlying every aspect
of the change is business
and economics
How are these changes impacting
your business and more
importantly how are you © 2019 Headwaters Global, llc.

WHAT IS THE OPPORTUNITY
Potential by
Industry
Aerospace $0.6T
Automotive $0.7T
Electricity $1.3T
Healthcare $0.4T
Is it too late to act?
only 0.5% of all big data is
used
75% of companies say big data can
transform results
85% of US economy has not realized
the potential of big data
90% of Big data is unstructured,
It is not too late, there is much to learn!
We are at the beginning of this journey

HOW WE CAPITALIZE ON DATA
Data
Insigh
ts
Actio
n
Improv
e
Data
Insigh
ts
Actio
n
Improv
e
The Improvement cycle …
Analyze data, gain insight,
take action and improve
continuously
BIG
The NEW Improvement
cycle …
With BIG DATA, we can get
new insights, take much
different actions, leading to
much bigger improvements

FINDING THE VALUE IN BIG DATA
• Old thinking … insight is finding a needle in a hay stack
• New Thinking … insight is finding that needle in a fields full of
stacks of Hay, pumpkins, apples, rocks, watermelons, wood …
that’s
Here is the challenge facing analysts and data scientists
trying to unlock the value of big data.

CHALLENGES & OPPORTUNITIES IN BIG
DATA
• Network Speeds
• Data Security
• Communication capability
• Analytics
• Visualizations
• Storage
Many problems
still need to be
solved and
opportunity
abounds

QUESTIONS TO CONSIDER IN YOUR
BUSINESS
• What are the real and credible threats to your current business?
• How will Digital, Data and AI transform your industry in the next decade?
• Where is your industry on the digital Journey?
• Where are you in relation to your competition on the digital Journey?
• What opportunity exists for your company to better serve your customers with data
and analytics?
• How can you improve and transform internally with big data?
• What does your organization need to look like to win?
• What skills, capabilities, capacity and new thinking do you need to win?
• Where do you start?
• What are you waiting for?

MY PERSONAL LESSONS LEARNED
• BIG DATA is real and we are just getting started
• You have to start somewhere … just start!
• Opportunity is everywhere … seriously everywhere
• The is going to transform everything eventually
• You cannot do this alone .. Partner, collaborate, ask, share, acquire
• It is daunting … question and challenge everything you think you know
• You don’t know what you don’t know will become … you don’t know
what you CAN know

Tim Humphrey
Phone: (616) 295-4954
Email: tim@headwatersglobal.com
Web: https://headwatersglobal.com/
Linked in: www.linkedin.com/in/timothy-
humphrey-3082593
Twitter: @Timheadwaters1
Inquiries: admin@headwatersglobal.com
THANK YOU

Big data presentation

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