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Going Deeper
on Data
Jeremy Hlavacek - @jhlava
VP, Global Automated Monetization
November 15th, 2016
Digiday Programmatic Summit
We have all heard about
the importance of ‘data’.
The Weather Company, an IBM business │ Going Deeper on Data 2
But fundamentally,
why is data valuable?
Until we answer that question,
we can’t take the right actions.
The Hype Around Data Can Be Confusing…
…But WHY is Data Valuable?
Improve likelihood
of making good
decisions
Increase
measurement of
decisions…in order
to improve accuracy
and precision for
next time
The Weather Company, an IBM business │ Going Deeper on Data 4
Risk Management:
A Framework for Applying Data to Decisions
Data is used to increase
likelihood of good decision.
Bad options are removed
Uncertainty creates risk.
Risk is costly.
The Weather Company, an IBM business │ Going Deeper on Data 5
Uncertainty of the decision
is reduced.
Less chance of a making a
‘bad’ decision.
Data reduces uncertainty
and risk.
Therefore, data reduces cost.
A decision needs to be
made.
Uncertain which option
is best
Reduced cost means more
efficiency and value.
Data adds value.
Real Life, Non-Media Example:
Commuting in New York
Objective: Choose the best way to
get from Queens to Manhattan on a
Monday morning for a job interview
3 options:
The Weather Company, an IBM business │ Going Deeper on Data 6
Subway
Cost: $2.75 – each way
Expected time: 53 Min – 19 stops
Railroad
Cost: $10.00 – each way
Expected time: 43 min – 3 stops
Drive
Cost: $5.50 – round trip EzPass
Expected time: 30 – 60 min.
What is the least risky?
What has highest ROI?
What is the best option?
Making a bad decision can be costly
Data can help reduce the odds of a
bad decision
That makes data valuable
The Weather Company, an IBM business │ Presentation Title 7
The Weather Company, an IBM business │ Going Deeper on Data 8

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Making Sense of Data, Digiday Programmatic Summit, November 2016

  • 1. Going Deeper on Data Jeremy Hlavacek - @jhlava VP, Global Automated Monetization November 15th, 2016 Digiday Programmatic Summit
  • 2. We have all heard about the importance of ‘data’. The Weather Company, an IBM business │ Going Deeper on Data 2 But fundamentally, why is data valuable? Until we answer that question, we can’t take the right actions.
  • 3. The Hype Around Data Can Be Confusing…
  • 4. …But WHY is Data Valuable? Improve likelihood of making good decisions Increase measurement of decisions…in order to improve accuracy and precision for next time The Weather Company, an IBM business │ Going Deeper on Data 4
  • 5. Risk Management: A Framework for Applying Data to Decisions Data is used to increase likelihood of good decision. Bad options are removed Uncertainty creates risk. Risk is costly. The Weather Company, an IBM business │ Going Deeper on Data 5 Uncertainty of the decision is reduced. Less chance of a making a ‘bad’ decision. Data reduces uncertainty and risk. Therefore, data reduces cost. A decision needs to be made. Uncertain which option is best Reduced cost means more efficiency and value. Data adds value.
  • 6. Real Life, Non-Media Example: Commuting in New York Objective: Choose the best way to get from Queens to Manhattan on a Monday morning for a job interview 3 options: The Weather Company, an IBM business │ Going Deeper on Data 6 Subway Cost: $2.75 – each way Expected time: 53 Min – 19 stops Railroad Cost: $10.00 – each way Expected time: 43 min – 3 stops Drive Cost: $5.50 – round trip EzPass Expected time: 30 – 60 min. What is the least risky? What has highest ROI? What is the best option?
  • 7. Making a bad decision can be costly Data can help reduce the odds of a bad decision That makes data valuable The Weather Company, an IBM business │ Presentation Title 7
  • 8. The Weather Company, an IBM business │ Going Deeper on Data 8