Data is taking the place of Oil and the combustion engine as the fundamental resource of the 20th Century. But data by itself is useless: It needs to be harnessed and turned into actionable insight. Additionally this implies that information and communications technology has become the fundamental enabler of business capabilities. CEO's and senior executives cannot afford to not be aware of technology anymore. Technology is as important as understanding finance and strategy to run the organization.
1. Data is the Natural Resource
of the 21st Century. What
does this mean for you?
LUIS CARRASCO-CORTES
IBM COGNITIVE PROCESS TRANSFORMATION LEADER, CANADA AND CARIBBEAN.
ALL OPINIONS ARE MY OWN
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2. Consider how bold this statement is,
when seen historically
Before 19th Century: Human & animal power
19th Century: Coal & steam power
20th Century: Oil & the combustion engine
These fundamental resources + productive
technologies defined each era 10/18/2015
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3. Consider how bold this statement is
when seen historically
For each era, the society that exploited its natural
resource most effectively grew to become a super
power, that dominated the World.
The UK, by exploiting coal & steam first,
dominated its era and generated massive rents.
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4. IBM’s core statement is that data will
supersede all other resources in this
century
The implications are staggering:
Organizations that exploit data effectively, are
dominating their industries
And they will make those that don’t, obsolete
And… it could be a small startup that comes out
of nowhere. 10/18/2015
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5. IBM’s core statement is that data will
supersede all other resources in this
century
But data by itself is like coal or oil still in the
ground:
Useless from a productive utilization perspective…
Sure, it has potential, but that is it.
You must harness and exploit data to turn it
into actionable insight 10/18/2015
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6. And for those that actually exploit data,
the rewards are staggering
Disintermediation and disruption of laggards
is not theory:
Look around you, it is happening right now…
perhaps to you…
No one will be spared 10/18/2015
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7. The implications of data becoming the key resource is
that IT has become a CEO concern – because it drives
your corporate strategy, competition, your business
model, operations and much more…
Actually, this realization is starting to take hold:
We are observing a massive and accelerating
decrease in LOB managers and executives say:
“You are with IBM? you should be talking to my IT
guy”…
10/18/2015
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8. This video shares a high level view of
the building blocks that allow you to
exploit this data
This is a conversation, and a journey, and this
video’s objective is merely to create awareness
We are here to help you map all these business
capabilities and then implement them.
10/18/2015
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9. What if I don’t have the technical skills
in house?
We recommend you acquire cloud based technology:
No need for dedicated IT
No hidden costs because there nothing extra to buy such as
hardware and no ongoing maintenance costs
System available for your use within 48 hours
Pay by the use and scale at the rate you grow 10/18/2015
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10. Where can I get more information?
Click on these links to see how this technology could help you
run your operations
IBM Decision Manager on Cloud
IBM Business Process Manager on Cloud
Blueworks Live Process Discovery and Modelling Platform
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