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OpenText Confidential. ©2016 All Rights Reserved. 2
Agenda
 Introduction
 What’s Driving The Digital Economy?
 Helena Schwenk, IDC
 Data at the Heart of Digital Transformation
 Market Trends & Business Priorities
 Evolving your Big Data Maturity
 Mark Gamble, OpenText
 Big Data in the Digital Economy
 Voice of the Customer
 Q&A
OpenText Confidential. ©2016 All Rights Reserved. 3
Half a century ago, the life expectancy of a firm in
the Fortune 500 was around 75 years. Now it’s less
than 15 years and declining even further.
- Steve Denning, (writing for Forbes in 2011)
OpenText Confidential. ©2016 All Rights Reserved. 4
Companies that are adapting to a digital world are
26% more profitable than their industry peers.
MIT Sloan Research, 2012
OpenText Confidential. ©2016 All Rights Reserved. 5
Mastering the Digital Economy
EXPLODING DATA
VOLUME GROWTH
Growth outstripping current
solutions
CUSTOMER
CENTRICITY
Understanding customers is the
foundation for future success
24 x 7 CUSTOMER
EXPECTATION
Digital natives don’t have an “off
“button
ACCELERATION OF
REGULATORY & STATUTORY
CHANGE
Current tools not meeting demand
NEW ENTRANTS
New customer demands creating new
opportunities
PRESSURE
FOR
CHANGE
OpenText Confidential. ©2016 All Rights Reserved. 6
EIM
OpenText Enterprise Information
Management (EIM) Platform OpenText Confidential. ©2016 All Rights Reserved. 6
OpenText Confidential. ©2016 All Rights Reserved. 7
Provides powerful analytics,
reporting, and data visualization
technology that organizations
need to build high-scale, data-
driven applications that help drive
better insights for better
decisions.
Analytics Suite
OpenText Confidential. ©2016 All Rights Reserved. 7
Mastering the Digital Economy through
Big Data and Customer Insight
Helena Schwenk
Research Manager, Big Data & Analytics
o Data at the Heart of Digital
Transformation
o Market Trends & Business
Priorities
o Evolving your Big Data
Maturity
9© IDC Visit us at IDC.com and follow us on Twitter: @IDC
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
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
Create new
business and
customer
experiences
and behaviors
Improve
organizational
performance
Create greater
customer
accessibility
Improve
operational
efficiencies
12
In this Digital Economy…
13
The 3rd Platform Enables Digital Transformation
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
o Data at the Heart of Digital
Transformation
o Market Trends & Business
Priorities
o Evolving your Big Data
Maturity
15© IDC Visit us at IDC.com and follow us on Twitter: @IDC
An Explosion of Data Making New
Things Possible
© IDC Visit us at IDC.com and follow us on Twitter: @IDC 16
Source: IDC
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.
© IDC Visit us at IDC.com and follow us on Twitter: @IDC 18
Rising Interest in Intelligent Technologies
“The Traffic’s
bad, would you
like me to bring
your taxi
forward 10
minutes?”
The cognitive travel platform
By 2020, 50% of all
business analytics
software will include
prescriptive analytics
built on cognitive
computing functionality
The New Industrial Revolution: from
Products to Services
© IDC Visit us at IDC.com and follow us on Twitter: @IDC 19
By 2018, European Enterprises
with Digital Transformation
Strategies Will Expand External
Data Sources by at Least 3- to 5-
Fold and Data Delivery to the
Market by 80-Fold or More
Source: IDC
Most Popular Big Data Focus Areas
© IDC Visit us at IDC.com and follow us on Twitter: @IDC 20
What is/are the goals for your current and planned big data activity/activities?
N = 908 Source: IDC 2016
 For IT it’s about efficiency
gains
 Business attention is
focused on intelligence
layer
 30% have plans to use
cognitive technology
within 2 years
35%
36%
39%
40%
41%
30% 32% 34% 36% 38% 40% 42%
Reduce IT system costs
Improve business
process operations
Risk reduction
Improve IT systems
operation
Improve customer
engagement
Only 24% of UK
organizations completely
agree that their data is
high quality enough to
support decision-making
© IDC Visit us at IDC.com and follow us on Twitter: @IDC 21
Source: IDC Custom Research Oct 2014-May
2015
But…
o Data at the Heart of Digital
Transformation
o Market Trends & Business
Priorities
o Evolving your Big Data
Maturity
22© IDC Visit us at IDC.com and follow us on Twitter: @IDC
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
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
Key Traits of Big Data/Analytics Innovators
1. Big Data/Analytics Innovators Relate
Analytics to Business Goals
2. Big Data/Analytics Innovators are
Results Focused
3. Big Data Innovators Have Continued
Executive Buy-In
© IDC Visit us at IDC.com and follow us on Twitter: @IDC 25
Big Data Innovators
Advanced Analytics
Advanced Analytics
adoption is accelerating
Source: IDC Europe Big Data Custom Research, n=531
26
Big Data Innovators
New Data Management Technologies
Data Management
Architectures are
fundamentally changing
Source: IDC Europe Big Data Custom Research, n=531
27
Big Data Innovators
Information Strategy
Managing information
effectively is a
foundational element for
DX initiatives
28
© IDC Visit us at IDC.com and follow us on Twitter: @IDC 29
Effective
culture &
governance
breeds success
Be prepared
Essential Guidance
Cooperation &
coordination is
key
© IDC Visit us at IDC.com and follow us on Twitter: @IDC 30
OpenText Confidential. ©2016 All Rights Reserved. 31
Inventing effective organizations for the digital
economy is the grand challenge for our time, and
the companies that are already adapting are
leading the way.
Lindsey Anderson and Irving Wladawsky-Berger, Harvard Business Review 2016
OpenText Confidential. ©2016 All Rights Reserved. 32
@opentext
facebook.com/opentext
linkedin.com/company/opentext
www.opentext.com
Thank you
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OpenText Presents: Mastering the Digital Economy through Big Data and Customer, featuring IDC

  • 1.
  • 2. OpenText Confidential. ©2016 All Rights Reserved. 2 Agenda  Introduction  What’s Driving The Digital Economy?  Helena Schwenk, IDC  Data at the Heart of Digital Transformation  Market Trends & Business Priorities  Evolving your Big Data Maturity  Mark Gamble, OpenText  Big Data in the Digital Economy  Voice of the Customer  Q&A
  • 3. OpenText Confidential. ©2016 All Rights Reserved. 3 Half a century ago, the life expectancy of a firm in the Fortune 500 was around 75 years. Now it’s less than 15 years and declining even further. - Steve Denning, (writing for Forbes in 2011)
  • 4. OpenText Confidential. ©2016 All Rights Reserved. 4 Companies that are adapting to a digital world are 26% more profitable than their industry peers. MIT Sloan Research, 2012
  • 5. OpenText Confidential. ©2016 All Rights Reserved. 5 Mastering the Digital Economy EXPLODING DATA VOLUME GROWTH Growth outstripping current solutions CUSTOMER CENTRICITY Understanding customers is the foundation for future success 24 x 7 CUSTOMER EXPECTATION Digital natives don’t have an “off “button ACCELERATION OF REGULATORY & STATUTORY CHANGE Current tools not meeting demand NEW ENTRANTS New customer demands creating new opportunities PRESSURE FOR CHANGE
  • 6. OpenText Confidential. ©2016 All Rights Reserved. 6 EIM OpenText Enterprise Information Management (EIM) Platform OpenText Confidential. ©2016 All Rights Reserved. 6
  • 7. OpenText Confidential. ©2016 All Rights Reserved. 7 Provides powerful analytics, reporting, and data visualization technology that organizations need to build high-scale, data- driven applications that help drive better insights for better decisions. Analytics Suite OpenText Confidential. ©2016 All Rights Reserved. 7
  • 8. Mastering the Digital Economy through Big Data and Customer Insight Helena Schwenk Research Manager, Big Data & Analytics
  • 9. o Data at the Heart of Digital Transformation o Market Trends & Business Priorities o Evolving your Big Data Maturity 9© IDC Visit us at IDC.com and follow us on Twitter: @IDC
  • 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…
  • 13. 13 The 3rd Platform Enables Digital Transformation
  • 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
  • 15. o Data at the Heart of Digital Transformation o Market Trends & Business Priorities o Evolving your Big Data Maturity 15© IDC Visit us at IDC.com and follow us on Twitter: @IDC
  • 16. An Explosion of Data Making New Things Possible © IDC Visit us at IDC.com and follow us on Twitter: @IDC 16 Source: IDC
  • 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.
  • 18. © IDC Visit us at IDC.com and follow us on Twitter: @IDC 18 Rising Interest in Intelligent Technologies “The Traffic’s bad, would you like me to bring your taxi forward 10 minutes?” The cognitive travel platform By 2020, 50% of all business analytics software will include prescriptive analytics built on cognitive computing functionality
  • 19. The New Industrial Revolution: from Products to Services © IDC Visit us at IDC.com and follow us on Twitter: @IDC 19 By 2018, European Enterprises with Digital Transformation Strategies Will Expand External Data Sources by at Least 3- to 5- Fold and Data Delivery to the Market by 80-Fold or More Source: IDC
  • 20. Most Popular Big Data Focus Areas © IDC Visit us at IDC.com and follow us on Twitter: @IDC 20 What is/are the goals for your current and planned big data activity/activities? N = 908 Source: IDC 2016  For IT it’s about efficiency gains  Business attention is focused on intelligence layer  30% have plans to use cognitive technology within 2 years 35% 36% 39% 40% 41% 30% 32% 34% 36% 38% 40% 42% Reduce IT system costs Improve business process operations Risk reduction Improve IT systems operation Improve customer engagement
  • 21. Only 24% of UK organizations completely agree that their data is high quality enough to support decision-making © IDC Visit us at IDC.com and follow us on Twitter: @IDC 21 Source: IDC Custom Research Oct 2014-May 2015 But…
  • 22. o Data at the Heart of Digital Transformation o Market Trends & Business Priorities o Evolving your Big Data Maturity 22© IDC Visit us at IDC.com and follow us on Twitter: @IDC
  • 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
  • 25. Key Traits of Big Data/Analytics Innovators 1. Big Data/Analytics Innovators Relate Analytics to Business Goals 2. Big Data/Analytics Innovators are Results Focused 3. Big Data Innovators Have Continued Executive Buy-In © IDC Visit us at IDC.com and follow us on Twitter: @IDC 25
  • 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
  • 28. Big Data Innovators Information Strategy Managing information effectively is a foundational element for DX initiatives 28
  • 29. © IDC Visit us at IDC.com and follow us on Twitter: @IDC 29 Effective culture & governance breeds success Be prepared Essential Guidance Cooperation & coordination is key
  • 30. © IDC Visit us at IDC.com and follow us on Twitter: @IDC 30
  • 31. OpenText Confidential. ©2016 All Rights Reserved. 31 Inventing effective organizations for the digital economy is the grand challenge for our time, and the companies that are already adapting are leading the way. Lindsey Anderson and Irving Wladawsky-Berger, Harvard Business Review 2016
  • 32. OpenText Confidential. ©2016 All Rights Reserved. 32 @opentext facebook.com/opentext linkedin.com/company/opentext www.opentext.com Thank you Electiontracker.us Analytics Success Stories Analytics Downloads

Editor's Notes

  1. Let's move on to talk about how well are organizations able to leverage BD, today?