Tap into digital data management opportunities on your road to digital transformation: Gain insights from data analytics to gain a competitive advantage!

1. Digital Data’s
Greatest Opportunities
Propelling Revenue, Improving Governance, Reducing Risk

2. Digital data plays a critical role in digitization
Digital Data: Key To Digital Transformation
Companies must digitally transform to compete in Industry
4.0
To meet customer demands, and monitor performance,
companies must process and dissect digital data, and
act upon new insights

3. 3 Advantages of Optimizing Data Management
Generate revenue faster by identifying new customer
opportunities and creating new agile business models
Increase profitability by automating manual data
processes through artificial intelligence (AI) and machine
learning (ML)
Process digital data and drive data-based business
strategies to help companies take calculated growth risks
1
2
3

4. 4 Areas of Digital Data Deficiencies
Data Collection:
Organizations lack
a comprehensive
data inventory
and are unaware
how different
datasets relate to
each other
1 2 3 4
Processing Data:
Companies lack
computing power
and data center
management
skills necessary
for large
computational
tasks
Analyzing Data:
Companies often
make function-
specific
investments in
analytics skills and
technologies,
instead of
organization-wide
investments
Data-driven
Decision Making:
Companies fail to
meet on-demand
scalability to
manage data, even
though AI and cloud
computing are
creating new
opportunities
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5. 3 Steps To Leverage Data
Assess
Benchmark technological
and data management
capabilities, people, and
processes to identify
gaps
Identify how effectively
leaders leverage data for
insights into the business
and competitors
Point
Target analytics
instruments at strong
opportunities to increase
revenue and mitigate risk
Acquire analytics skills
and create a data-driven
collaborative culture
Determine
Map the technologies
required to meet data
objectives and cloud
computing opportunities
Evaluate how to introduce
automation into data
management and
decision-making
1 2 3
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6. Master Data for Top-line and Bottom-line Outcomes
More revenue - Superior management of digital data
boosts companies’ top line
Higher profitability – Better informed investments in
digital data improves profitability
Reduced risk - Reduce risks and ensure compliance with
regulatory authorities, and much more
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7. 1. More Revenue
Monsanto saved $15 million in operating costs by building a
cloud analytics platform science@scale. By accelerating
data analysis, it estimates a gain of $17 million in top-line
revenue
ABB credits its Ability platform of services for helping it
achieve an 11% increase in orders for its software and
services
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8. 2. Higher Profitability
Siemens launched a new business, Internet of Trains,
using intelligent sensors and software to analyze US
railroad data that helps operators anticipate errors and
boost performance.
John Deere, partnered with Cornell University, to develop
Ag-analytics which give farmers insights about field
conditions and less expensive conservation practices
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9. 3. Reduced Risk
HSBC used AI to automate its compliance processes
including anti-money laundering investigations that involved
large numbers of employees
Progressive Insurance’s telematics app collected and
analyzed 14 billion miles’ worth of driver data using an ML
platform to distinguish between safe and risky drivers
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10. Tap Into Digital Opportunities Now
Assessing digital
data management
capabilities, and
identifying
strengths and
areas of
improvement are
key steps towards
digital
transformation
Companies must
prepare a
roadmap that
identifies the
additional skills,
talent, and
technologies
needed to
achieve their
goals
They should adopt
cloud-based
systems to
distribute analytic
insights across the
organization
Outperform
competition by
strengthening
ability to manage
digital data
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Digital Data’s
Greatest Opportunities
Propelling Revenue, Improving Governance, Reducing Risk
Know More