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Are you listening to your Data?
    Overcome Information Challenges to Improve
    Customer Experience

    Christopher Stanley
    Senior Director – Europe EIM Practice Head
    Virtusa Corporation



1
Topics


    • What are some of the Information Challenges faced by
      Companies Today? Why do they still exist?
    • What are some of the Big Data challenges and opportunities?
    • How can effective Information Management help with these
      challenges?




2
Companies are Focused on Improving Business Outcomes

                              Business Outcomes
                                 • Improve Revenue
                                 • Improve Customer Service
                                 • Differentiate Products
                                 • Leverage upsell and cross
                                   sell opportunities
                                 • Reduce Costs
                                 • Manage Risk, Regulation &
                                   Compliance Drivers
                                 • Make decisions based on
                                   information


3
However… They are Facing Many Information Challenges

    Information Challenges             Business Outcomes
      • High Data Complexity &           • Improve Revenue
        Volume                           • Improve Customer Service
      • Unclear Requirements             • Differentiate Products
      • Different levels of              • Leverage upsell and cross
        Granularity                        sell opportunities
      • Data Governance                  • Reduce Costs
      • Obsolete Data                    • Manage Risk, Regulation &
      • Social data rarely leveraged       Compliance Drivers
      • Insufficient Standardisation     • Make decisions based on
      • Inadequate technology              information


4
However… They are Facing Many Information Challenges

    Information Challenges                                       Business Outcomes
          • High Data Complexity &                                         • Improve Revenue
               Volume                                                      • Improve Customer Service
          • Unclear Requirements                                           • Differentiate Products
          75% of leading companies are
          • Different levels of                                            • Leverage upsell and cross
               Granularity
       incapable of creating a unified view
          • Data Governance
                                                                                sell opportunities
                                                                           • Reduce Costs
                of their customer
          • Obsolete Data                                                  • Manage Risk, Regulation &
    Source : It's really (almost) all about the data: Optimizing loyalty initiatives By Michael Lowenstein, CPCM, Managing
          • Social data rarely leveraged
    Director, Customer Retention Associates
                                                                                Compliance Drivers
          • Insufficient Standardisation                                   • Make decisions based on
          • Inadequate technology                                               information


5
A Business Scenario we often see
                             Multiple Consumers




                                                       Mobile
         Web                             Social
                   Call Centre                        Solutions
                                        Networks




                                                   Multiple Service
                                                     Channels




6
A Business Scenario we often see
                             Multiple Customers




                                                     Mobile
         Web                              Social
                   Call Centre                      Solutions
                                         Networks



                                 Increasing
      Increasing                   Volume
      Complexity                                    Increasing
                                                      Variety



                           Multiple Data Sources
7
A Business Scenario we often see
                               Multiple Customers




                                                             Mobile
          Web
       ..and drives Manual                   Social
                     Call Centre                            Solutions
           Data Capture                     Networks
                                                       …leads to inefficient
                                                           Processes…

      The resulting Data
       Fragmentation …




                              Multiple Data Sources
8
A Business Scenario we often see
                              Multiple Customers




                                                       Mobile
         Web                               Social
                    Call Centre                       Solutions
                                          Networks

                                                     Increasingly
         Increasingly
                                                     Un-Managed
        Un-Sustainable




                            Multiple Data Sources
9
A Business Scenario we often see
                             Multiple Customers




                                                          Mobile
        Web                               Social
                   Call Centre                           Solutions
                                         Networks
     Results in Unhappy
                                                    Drives Inconsistent
         Customers
                                                    Customer Handling

                           Information not
                          Readily Available




                           Multiple Data Sources
10
A Business Scenario we often see




              Why do these
             Challenges Still
                 Exist?
11
Why Do These Challenges still Exist?


         Lack of Business Sponsorship – Sponsors change, Significant Investment


             Limited Knowledge Sharing - Particularly within multiple subsidiaries


                Mergers & Acquisitions - Integrating People, Processes & Technology


                EIM Architecture & Strategy - If it exists, not consistent across Groups


                Data Archiving - “I don’t want to reduce my marketing contact base”


             Converged Services - Technology focused not People & Process focused


         Technology Implementations – Should be Platform focused, not piecemeal


12
The landscape is also changing…….

                             The New World Order is Here…..



• 6B mobile users                • 50m tweets/day        •   Netflix           •   Google 24PB/day
• 10.9B Apps                     • 800m on               •   YouTube           •   Facebk 12TB/day
  Downloaded                       FaceBook              •   Pandora/Spotify   •   NYSE 1TB/day
• $7B in mobile                  • 120m on LinkedIn      •   Google Docs       •   eBay 50TB/day
  payments                       • 4 out of 5 internet   •   DropBox           •   Walmart 100TB
• 8T text messages                 users on Social       •   Carbonite

       Mobility                       Social                   Cloud                Big Data
       New ways of working, New ways of consuming services
     Source: MobiThinking 2012
13
Everyday we create 2.5 quintillion bytes of data: 90% of
     the worlds data has been created in the last 2 years alone
                       iPhone vs ENIAC
                       • 200,000 times lighter
                       • 400,000 times more
                          powerful
                       • 29,000 times cheaper




 • Datasets are growing so large that they are awkward and costly
   to manipulate with traditional EIM toolsets
 • 56% of executives are overwhelmed by data, 62% admit to an
   “Insight Gap”
     Source: Avanade Research: Impact of Big Data, Nov 2011; Cowen Report: A new breed of Database Vendor
     July 2011
14
The Opportunity for “Big Data”


     • Find insight in new and
       emerging data types
     • Segmenting Customer base
       to customise next actions
     • Supporting the automation
       of Human & Process
       decision making
     • Enable more innovation for
       new products and services
     Source: Mckinsey - Big Data The Next Frontier for innovation, competition and productivity
15
How do you……..


     • Understand and Exploit “Big Data” when it
       comes in an Unstructured Format, such as text,
       video, social media
     • Capture the Most Important Data as it happens
       and deliver that to the right people at the right
       time
     • Store, Organise, Optimise & Exploit “Big Data”
       given its size and our computational capacity

16
Information Has A Lifecycle – It Needs To Be Managed

                            Business Outcomes > Information Needs

                  5. Archived & Disposed


                                                                        1. Defined, Created or
                                                                        Captured

                                                      The
             4. Exploited
                                                 Information
                                                   Lifecycle
                                                                           Business Benefits are
                                                                        2. Organised
                         However….
                                                                             driven from here
               You need to invest here
               3. Stored



Information       Information     Information    Information    Information        Information   Information
Requirements      Governance      Architecture   Quality        Management         Security      Exploitation

Analysis          Principles      Migration      Verification   Definitions        Standards     Abstraction
Modelling         Standards       Storage        Profiling      Master Data        Procedures    Architecture
Validation        Policies        Access         Cleansing      Transaction Data   Permissions   Warehousing
                  Ownership       Archiving      Monitoring     Meta Data          Compliance    Reporting
                  Stewardship     Retirement     Compliance                        Controls      KPIs
                                  Taxonomy       Traceability                      Audit



17
Information Has A Lifecycle – It Needs To Be Managed

                            Business Outcomes > Information Needs

                  5. Archived & Disposed


                                                                        1. Defined, Created or
                                                                        Captured

                                                      The
             4. Exploited
                                                 Information
                                                   Lifecycle
                                                                        2. Organised


               3. Stored



Information       Information     Information    Information    Information        Information   Information
Requirements      Governance      Architecture   Quality        Management         Security      Exploitation

Analysis          Principles      Migration      Verification   Definitions        Standards     Abstraction
Modelling         Standards       Storage        Profiling      Master Data        Procedures    Architecture
Validation        Policies        Access         Cleansing      Transaction Data   Permissions   Warehousing
                  Ownership       Archiving      Monitoring     Meta Data          Compliance    Reporting
                                  Retirement     Compliance                        Controls      KPIs
                  Technology is the Enabler
                  Stewardship
                                  Taxonomy       Traceability                      Audit



18
        People and Process are the critical components
A Business Scenario we often see
                          Multiple Customers




                                                  Mobile
      Web                              Social
                Call Centre                      Solutions
                                      Networks




                        Multiple Data Sources
19
Unifying Customer Experiences through Effective
     Information Management & Converged Solutions
                              Multiple Customers




                                                       Mobile
          Web                              Social
                    Call Centre                       Solutions
                                          Networks
                    Unified & Consistent Experience

                     Effective Process Management


                   Effective Information Management




                            Multiple Data Sources
20
Summary


     • Significant information challenges still exist in organisations
       today
     • Ever increasing data complexity and volume magnify the
       challenges and lead to inconstant customer experiences –
       affecting Business Outcomes
     • Managing your information more effectively really can help
       differentiate you from your competition
     • This is a business problem, however an effective technology
       platform is the Key enabler
        • People & Process enabled by effective technology
     • We specialise in helping our clients make the most of the
       information that they have to improve business outcomes
21
What sort of a company are we
     • Heritage of Engineering & Innovation
        • We started 16 years ago engineering Data Integration and Content
           Management software for our clients. We build Enduring Software
           Platforms
     • Unique Product Development and Full Life Cycle Experience
        • A different heritage to most SI organisations
     • Partnership and Attention: We are “Right Sized”
        • We are not too big, nor too small
        • We will bring committed Executive Management attention at all levels
     • Client Delight Index: Key Measurement through Transparency
        • Teams are compensated on CDI, Client Success is Mandatory and we are
           incentivised
     • Industry recognised expertise in building platforms & applications
        • Forrester rates us as a leading application platform SI
        • Ability to bring re-usability and automation to disrupt scale and enhance
           efficiency



22
Come and Visit our Booth


     • We would be delighted to discuss your Scenarios in more detail
       over Lunch or during the afternoon
        • We are at Booth 6
        • Come and visit us and see how we can help you “Listen to
          your Data more effectively”
        • Come and ask any Questions that you may have
     • Thanks for your attention




        Christopher Stanley
        Senior Director - EMEA EIM Solutions Head
        Email: cstanley@virtusa.com
23

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Are you listening to your data? Chris Stanley Virtusa

  • 1. Are you listening to your Data? Overcome Information Challenges to Improve Customer Experience Christopher Stanley Senior Director – Europe EIM Practice Head Virtusa Corporation 1
  • 2. Topics • What are some of the Information Challenges faced by Companies Today? Why do they still exist? • What are some of the Big Data challenges and opportunities? • How can effective Information Management help with these challenges? 2
  • 3. Companies are Focused on Improving Business Outcomes Business Outcomes • Improve Revenue • Improve Customer Service • Differentiate Products • Leverage upsell and cross sell opportunities • Reduce Costs • Manage Risk, Regulation & Compliance Drivers • Make decisions based on information 3
  • 4. However… They are Facing Many Information Challenges Information Challenges Business Outcomes • High Data Complexity & • Improve Revenue Volume • Improve Customer Service • Unclear Requirements • Differentiate Products • Different levels of • Leverage upsell and cross Granularity sell opportunities • Data Governance • Reduce Costs • Obsolete Data • Manage Risk, Regulation & • Social data rarely leveraged Compliance Drivers • Insufficient Standardisation • Make decisions based on • Inadequate technology information 4
  • 5. However… They are Facing Many Information Challenges Information Challenges Business Outcomes • High Data Complexity & • Improve Revenue Volume • Improve Customer Service • Unclear Requirements • Differentiate Products 75% of leading companies are • Different levels of • Leverage upsell and cross Granularity incapable of creating a unified view • Data Governance sell opportunities • Reduce Costs of their customer • Obsolete Data • Manage Risk, Regulation & Source : It's really (almost) all about the data: Optimizing loyalty initiatives By Michael Lowenstein, CPCM, Managing • Social data rarely leveraged Director, Customer Retention Associates Compliance Drivers • Insufficient Standardisation • Make decisions based on • Inadequate technology information 5
  • 6. A Business Scenario we often see Multiple Consumers Mobile Web Social Call Centre Solutions Networks Multiple Service Channels 6
  • 7. A Business Scenario we often see Multiple Customers Mobile Web Social Call Centre Solutions Networks Increasing Increasing Volume Complexity Increasing Variety Multiple Data Sources 7
  • 8. A Business Scenario we often see Multiple Customers Mobile Web ..and drives Manual Social Call Centre Solutions Data Capture Networks …leads to inefficient Processes… The resulting Data Fragmentation … Multiple Data Sources 8
  • 9. A Business Scenario we often see Multiple Customers Mobile Web Social Call Centre Solutions Networks Increasingly Increasingly Un-Managed Un-Sustainable Multiple Data Sources 9
  • 10. A Business Scenario we often see Multiple Customers Mobile Web Social Call Centre Solutions Networks Results in Unhappy Drives Inconsistent Customers Customer Handling Information not Readily Available Multiple Data Sources 10
  • 11. A Business Scenario we often see Why do these Challenges Still Exist? 11
  • 12. Why Do These Challenges still Exist? Lack of Business Sponsorship – Sponsors change, Significant Investment Limited Knowledge Sharing - Particularly within multiple subsidiaries Mergers & Acquisitions - Integrating People, Processes & Technology EIM Architecture & Strategy - If it exists, not consistent across Groups Data Archiving - “I don’t want to reduce my marketing contact base” Converged Services - Technology focused not People & Process focused Technology Implementations – Should be Platform focused, not piecemeal 12
  • 13. The landscape is also changing……. The New World Order is Here….. • 6B mobile users • 50m tweets/day • Netflix • Google 24PB/day • 10.9B Apps • 800m on • YouTube • Facebk 12TB/day Downloaded FaceBook • Pandora/Spotify • NYSE 1TB/day • $7B in mobile • 120m on LinkedIn • Google Docs • eBay 50TB/day payments • 4 out of 5 internet • DropBox • Walmart 100TB • 8T text messages users on Social • Carbonite Mobility Social Cloud Big Data New ways of working, New ways of consuming services Source: MobiThinking 2012 13
  • 14. Everyday we create 2.5 quintillion bytes of data: 90% of the worlds data has been created in the last 2 years alone iPhone vs ENIAC • 200,000 times lighter • 400,000 times more powerful • 29,000 times cheaper • Datasets are growing so large that they are awkward and costly to manipulate with traditional EIM toolsets • 56% of executives are overwhelmed by data, 62% admit to an “Insight Gap” Source: Avanade Research: Impact of Big Data, Nov 2011; Cowen Report: A new breed of Database Vendor July 2011 14
  • 15. The Opportunity for “Big Data” • Find insight in new and emerging data types • Segmenting Customer base to customise next actions • Supporting the automation of Human & Process decision making • Enable more innovation for new products and services Source: Mckinsey - Big Data The Next Frontier for innovation, competition and productivity 15
  • 16. How do you…….. • Understand and Exploit “Big Data” when it comes in an Unstructured Format, such as text, video, social media • Capture the Most Important Data as it happens and deliver that to the right people at the right time • Store, Organise, Optimise & Exploit “Big Data” given its size and our computational capacity 16
  • 17. Information Has A Lifecycle – It Needs To Be Managed Business Outcomes > Information Needs 5. Archived & Disposed 1. Defined, Created or Captured The 4. Exploited Information Lifecycle Business Benefits are 2. Organised However…. driven from here You need to invest here 3. Stored Information Information Information Information Information Information Information Requirements Governance Architecture Quality Management Security Exploitation Analysis Principles Migration Verification Definitions Standards Abstraction Modelling Standards Storage Profiling Master Data Procedures Architecture Validation Policies Access Cleansing Transaction Data Permissions Warehousing Ownership Archiving Monitoring Meta Data Compliance Reporting Stewardship Retirement Compliance Controls KPIs Taxonomy Traceability Audit 17
  • 18. Information Has A Lifecycle – It Needs To Be Managed Business Outcomes > Information Needs 5. Archived & Disposed 1. Defined, Created or Captured The 4. Exploited Information Lifecycle 2. Organised 3. Stored Information Information Information Information Information Information Information Requirements Governance Architecture Quality Management Security Exploitation Analysis Principles Migration Verification Definitions Standards Abstraction Modelling Standards Storage Profiling Master Data Procedures Architecture Validation Policies Access Cleansing Transaction Data Permissions Warehousing Ownership Archiving Monitoring Meta Data Compliance Reporting Retirement Compliance Controls KPIs Technology is the Enabler Stewardship Taxonomy Traceability Audit 18 People and Process are the critical components
  • 19. A Business Scenario we often see Multiple Customers Mobile Web Social Call Centre Solutions Networks Multiple Data Sources 19
  • 20. Unifying Customer Experiences through Effective Information Management & Converged Solutions Multiple Customers Mobile Web Social Call Centre Solutions Networks Unified & Consistent Experience Effective Process Management Effective Information Management Multiple Data Sources 20
  • 21. Summary • Significant information challenges still exist in organisations today • Ever increasing data complexity and volume magnify the challenges and lead to inconstant customer experiences – affecting Business Outcomes • Managing your information more effectively really can help differentiate you from your competition • This is a business problem, however an effective technology platform is the Key enabler • People & Process enabled by effective technology • We specialise in helping our clients make the most of the information that they have to improve business outcomes 21
  • 22. What sort of a company are we • Heritage of Engineering & Innovation • We started 16 years ago engineering Data Integration and Content Management software for our clients. We build Enduring Software Platforms • Unique Product Development and Full Life Cycle Experience • A different heritage to most SI organisations • Partnership and Attention: We are “Right Sized” • We are not too big, nor too small • We will bring committed Executive Management attention at all levels • Client Delight Index: Key Measurement through Transparency • Teams are compensated on CDI, Client Success is Mandatory and we are incentivised • Industry recognised expertise in building platforms & applications • Forrester rates us as a leading application platform SI • Ability to bring re-usability and automation to disrupt scale and enhance efficiency 22
  • 23. Come and Visit our Booth • We would be delighted to discuss your Scenarios in more detail over Lunch or during the afternoon • We are at Booth 6 • Come and visit us and see how we can help you “Listen to your Data more effectively” • Come and ask any Questions that you may have • Thanks for your attention Christopher Stanley Senior Director - EMEA EIM Solutions Head Email: cstanley@virtusa.com 23