IDC’s Helena Schwenk joins OpenText to discuss how big data can help overcome the barriers faced by Executives aiming to redefine their businesses to compete in the Digital Economy. The era of self-service analysis has exposed data to more people within a business, but this in itself creates challenges for IT, who retain responsibility for the health and hygiene of data, as well as security. View the webinar here: http://ow.ly/bImR307Ptue
10. 10
‘Up to half the world's
banks may lose out
and disappear due to
failure to keep pace
with digital disruption’
‘The huge stores of information
about customers is a crucial
competitive edge, and if
banking can convert that
information into knowledge,
they can use it to offer
customers goods and services
that better meet their needs’
BBVA chairman and CEO Francisco Gonzalez
11. 1
1
89%
11%
Yes
No
Source: IDC European DX FutureScape 2016; IDC European DX Survey 2016; n=308
Is digital transformation a key part of the
corporate strategy of your organization?
Information stands at the
heart of Digital
Transformation
12. Create new
business and
customer
experiences
and behaviors
Improve
organizational
performance
Create greater
customer
accessibility
Improve
operational
efficiencies
12
In this Digital Economy…
14. 1
4
Chief Marketing
Technologist
Chief Digital Strategist
Digital Transformation
Executive
Chief Data Scientist
Chief Digital Officer
Chief Revenue
Officer
Chief Customer
Success
Chief of Digital
Commerce
Chief Digital Media Officer
Data Science
Officer
A New Paradigm that Brings New Roles
17. Journey to the Cloud Gathers Pace
17
Cloud
Platform
Speed
to
Market
Flexibility
Economic
Model
Costs
Mobile
Access
11%
25%
2013 2016
Proportion of Companies Using or Testing
a Big Data Cloud Solution
Source: IDC West European Software User Surveys, 2013, 2016
Through 2020, spending on
cloud-based Big Data & Analytics
technology will grow 4.5x faster
than spending for on-premises
solutions.
23. Ad Hoc
Experimental
Siloed proof-of-
concept or pilot
projects, undefined
processes, lack of
resources, and
individual effort
Managed
Measured
Project, process and
program performance
measurement
influences investment
decisions. Standards
start to emerge
Opportunistic
Accepted
Defined
requirements,
Unbudgeted
funding, Project
management &
resource allocation
inefficient
Repeatable
Intentional
Recurring projects,
budgeted and funded
program
management, and
documented strategy
and processes with
stakeholder buy-in
Optimized
Operationalized
Big Data approaches
become
operationalized
across with a focus
on process
improvement and
value realization
.
Source: IDC Custom Research, 2014
23
0%1%
63%
34%
2%
Evolving Big Data Maturity
24. Note each dot represents one of the 531 organizationsinterviewed and there is some level of overlap)
Low
Low
High
High
Big Data Innovators
Source: IDC Europe Big Data Custom Research
Identifying the Big Data Innovators
24 24
26. Big Data Innovators
Advanced Analytics
Advanced Analytics
adoption is accelerating
Source: IDC Europe Big Data Custom Research, n=531
26
27. Big Data Innovators
New Data Management Technologies
Data Management
Architectures are
fundamentally changing
Source: IDC Europe Big Data Custom Research, n=531
27