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Elevate Tech Fest Toronto 2019: Analytics Innovation

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My presentation from the Toronto Elevate Tech Fest on "How Analytics Innovation is Driving Business Transformation"

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Elevate Tech Fest Toronto 2019: Analytics Innovation

  1. 1. Timo Elliott SAP Innovation Evangelist, SAP Timo.Elliott@sap.com @timoelliott How Analytics Innovation is Driving Business Transformation
  2. 2. 2© 2019 SAP SE or an SAP affiliate company. All rights reserved. Augmented Analytics Experience Analytics Embedded Analytics
  3. 3. 3© 2019 SAP SE or an SAP affiliate company. All rights reserved. By 2022, 90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency. Data and analytics will become the centerpiece of enterprise strategy, focus and investment Data is the foundation of the business models of the future Source: Gartner Gartner
  4. 4. Embedded Analytics
  5. 5. 5© 2019 SAP SE or an SAP affiliate company. All rights reserved. ? ? ? ? Descriptive Analytics Predictive Analytics Diagnostic Analytics Prescriptive Analytics Analytics Value Continuum VALUE DIFFICULTY Types of analytics…
  6. 6. 6© 2019 SAP SE or an SAP affiliate company. All rights reserved. Gartner “AI augmentation will create $2.9trn of business value and save 6.2bn man-hours globally”* Machine learning is a breakthrough opportunity to turn data into productivity Source: Gartner *at 2,087 official work hours per person per year, that’s almost 30 million person-years!!
  7. 7. 7© 2019 SAP SE or an SAP affiliate company. All rights reserved. 40% 70% 94%
  8. 8. 8© 2019 SAP SE or an SAP affiliate company. All rights reserved. Actionable insights Real-time analytics = fast enough to make a real difference in a real business process
  9. 9. Augmented Analytics
  10. 10. 10© 2019 SAP SE or an SAP affiliate company. All rights reserved. The Next Big Wave of Analytics Months Days/hours Instant/in-line Time to insight Advanced insight High Low Augmented Analytics platforms Semantic layer- based platforms Visual-based data discovery platforms
  11. 11. 11© 2019 SAP SE or an SAP affiliate company. All rights reserved. Augmented analytics platforms can break down traditional barriers to value Preparing data Finding patterns Sharing and operationalizingNatural language interfaces
  12. 12. 12© 2018 SAP SE or an SAP affiliate company. All rights reserved.
  13. 13. 13© 2018 SAP SE or an SAP affiliate company. All rights reserved. New interfaces are fast becoming reality Alexa, open Bacardi insight What were the sales of Grey Goose in the UK market for the last reported month? Q2 2015 Q42018 45MM Alexa sales
  14. 14. 14© 2019 SAP SE or an SAP affiliate company. All rights reserved. Conversation is the new UI: Finance Chatbot
  15. 15. Experience Analytics
  16. 16. 16© 2019 SAP SE or an SAP affiliate company. All rights reserved. XM = O + X Experience Management O-DATA: Operational data: speed, velocity, acceleration… X-DATA: Experience data: emotions and feelings
  17. 17. 17© 2019 SAP SE or an SAP affiliate company. All rights reserved. Motochic “Having the right data, at the right time, from the right audience makes all the difference.” Kelly Williams Founder, MotoChic Gear
  18. 18. 18© 2019 SAP SE or an SAP affiliate company. All rights reserved. Augmented Analytics Experience Analytics Embedded Analytics [Data]
  19. 19. 19PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ The essential first step to all of this: DATA “Data! Data! Data!... I can’t make bricks without clay!” — Sherlock Holmes
  20. 20. 20© 2019 SAP SE or an SAP affiliate company. All rights reserved. New technology Is bringing new opportunities
  21. 21. 21© 2019 SAP SE or an SAP affiliate company. All rights reserved. win / win / win
  22. 22. 22© 2019 SAP SE or an SAP affiliate company. All rights reserved. Remember, it’s all about PEOPLE! Spend as much time on analytics culture, organization, and processes as you do on technology
  23. 23. Timo Elliott SAP Innovation Evangelist, SAP Timo.Elliott@sap.com @timoelliott Thanks!

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