Are You an Analytics Company - Iloveapis2013 - keynote
Post on 28-Jan-2015
105 Views
Preview:
DESCRIPTION
Transcript
Are you an Analytics company?Anant Jhingran
@jhingran
“We find that firms that adopt data-driven decision making have output
and productivity that is 5-6% higher than what would be expected given
their other investments in information technology usage.”
Strengths in numbers: How does data driven decision making affect firm performance? by Erik
Bryjolfsson et al (MIT-Sloan School of Management)
Business Impact
Analytics and Digital Success
Analytics & Big Data Engagement
API & App Engagement
High Performers
Low Performers
Analytics and Digital Success
Low Performers
Analytics & Big Data Engagement
API & App Engagement
How do you get here?
High Performers
Additional data can lead to 25% wasted effort
This is not the answer
CAVA is the answer
Collect
Analyze
Visualize
ActCAV
A
Analytics Driven Digital Transformation
CAVA
Business Imperatives
Technical Capabilities
Organizational Design
Analytics Driven Digital Transformation
CAVA
Business Imperatives
Technical Capabilities
Organizational Design
Have Clear Goals
CUSTOMER ENGAGEMENT
DEVELOPER ADOPTION
BACKEND OPTIMIZATION
DeveloperUser APIApp API Team Backend
Have Clear Paths
“There are known knowns. These are things we know that we know.
There are known unknowns. That is to say, there are things that we
know we don't know.
But there are also unknown unknowns. There are things we don’t
know we don't know.”
Donald Rumsfeld
Choices Drive Analytics
“There are known knowns. These are things we know that we know.
There are known unknowns. That is to say, there are things that we
know we don't know.
But there are also unknown unknowns. There are things we don’t
know we don't know.”
Donald Rumsfeld
Customer Behavior from the previous quarter
Customer Behavior in the current quarter
Rate of churn for customers with age > 50 and income < 30K?
Known Knowns @ Apigee
API Traffic
First Week, Last Quarter
Visits
First Week, Last Quarter
Known Unknowns @ Apigee
Daily Visits
Daily API Traffic
Daily Visits by Segment
API Traffic by Activity Level
Primary KPIs Secondary KPIs
Dealing with Unknown Unknowns
Known Unknowns
Unknown Unknowns
Hypotheses
Data + ContextAnalysis
Goals
Unknown Unknowns @ Apigee
Developer Adoption
Share of direct, ads, referrals, search traffic
Developer Funnel
Smart Exploration @ Apigee
Known Unknowns
Unknown Unknowns
Hypotheses
Data + ContextAnalysis
Goals
Contexts for Digital Business
Your Digital Assets
AP
I AP
I
API
API
Importance of Context
Analytics Driven Digital Transformation
CAVA
Business Imperatives
Technical Capabilities
Organizational Design
“We have to move business intelligence from the periphery of
operations to the center of how business gets done”
Bob McDonald, CEO PG&E, Feb. 2013
Democratize Analytics
Analytics at the Periphery Analytics at the Core
Analytics Driven Digital Transformation
CAVA
Business Imperatives
Technical Capabilities
Organizational Design
Digital Business Data Architecture
ETL is Dead APIs and Data
Technical Capabilities
Signals Abstractions
JavaScript Configuration
Collect
Analyze
Visualize
Act
Real Time Optimizations
Collect User Interactions• Add to Cart• View Product Details
Identify at-risk customers
Engage At-Risk Customers• Push Notifications• Personalization
Example: Convert at-risk shoppers into buyers
View interaction path across channels
Analytics Driven Digital Transformation
CAVA
Business Imperatives
Technical Capabilities
Organizational Design
Classifying Yourself
Are you ready for an
Analytics Driven Digital Transformation?
Thank You
top related