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www.intellego.com.mx
How are the latest “buzz” technologies impac7ng your business?
Fusion La7na (Nov 2014) Miguel Molina-‐Cosculluela
about.me/molina.cosculluela
® Antonio Arias, Intellego
¿What questions did Henry Ford asked to manage his business?
® Antonio Arias, Intellego
• Year 4. Three new models with prices between 600-750 USD Units: 8,423
• Year 5. Two smaller models and one ‘big’ one Units: 6,398
• Year 6. Just Model T Units: 10,000
• Year 7. Just Model T and lower price Units: 11,664
• Year 8. Just Model T and lower price again Units: 34,528
• How much did we sell? • How much did we spend? • What’s the right price? • Who are our best customers? • Which product is more profitable?
Why?
• How much did we sell? • How much did we spend? • What’s the right price? • Who are our best customers? • Which product is more profitable?
Why?
® Antonio Arias, Intellego
® Antonio Arias, Intellego
What questions does
William Clay Ford Jr?
ask to manage his
business?
® Antonio Arias, Intellego
• How much did we sell? • How much did we spend? • What’s the right price? • Who are our best customers? • Which product is more profitable?
Why
® Antonio Arias, Intellego
the fundamental business questions to answer are the
same…
What has changed are the tools and amount of data we have at our disposal to answer them…
… and the speed that decisions are expected to be made
WELCOME TO THE ZETTABYTE ERA
1 Ze1abyte = 1,000,000,000,000,000,000,000 Bytes
In 5 years the amount of digital information in existence will have grown from 3.2 ZB to
40 ZB.
© 2014 Bernard Marr, Advanced Performance InsFtute, BWMC Ltd. All rights reserved. [Source]
Over 90% of all the data in the world was created in the past 2 years.
© 2014 Bernard Marr, Advanced Performance InsFtute, BWMC Ltd. All rights reserved.
2013-‐2014
From the beginning-‐2012
[Source]
Google processes on
average over 40 thousand queries per
second, making it over 3.5 billion in a single day.
© 2014 Bernard Marr, Advanced Performance InsFtute, BWMC Ltd. All rights reserved. [Source]
To whom did we ask those ques7ons?
B.G.
(Before Google)
100 hours of video are uploaded to YouTube…
© 2014 Bernard Marr, Advanced Performance InsFtute, BWMC Ltd. All rights reserved. [Source]
every minute.
This year 1.2 billion smart
phones.
[Source]
What does it mean for your Industry?
The amount of devices connected to the Internet will rise from about 14 billion today to 50 billion by 2020.
I keep saying, the sexy job in the next ten years will be sta7s7cians. Hal Varian (Chief Economist Officer at Google)
1.9 million IT jobs will be created
in the US by 2015 to
carry out big data projects.
[Source]
What does it mean for your Business?
MOBILE
Performance
Flexibility
Productivity
Innovation
Optimization
More market share
Less risk
Better image
Less operational costs
More revenue
Better relations
INTERNET OF
THINGS
BIG DATA
CLOUD
ADVANCED ANALYTICS
New technologies as business enablers
The streetlight effect is a type of observa7onal bias where people only look for whatever they are searching by looking where it is easiest
Data’s poten7al value
Fuente: The Human Face of Big Data, Nigel Holmes, 2012 Invest in data explora7on to
iden7fy poten7al value
The need to narrow scenarios of use
Source: The Data Deluge, The Economist, 2010
What does it really mean for your Business?
Strategic Planning
Product mix composition
Branch Analysis
Product
Shelf Monitoring
Optimization of Marketing
Mix
Customer Knowledge
Detect cross sales
opportunities
Customer churn
Thank you!
Miguel Molina-‐Cosculluela @mikelaingeru