SMART Summit 2013 1 Business Intelligence: Do More Jacqui Stievenart & Warren Tracey 1
Feb 11, 2016
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Business Intelligence: Do More
Jacqui Stievenart & Warren Tracey
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Drowning in Information?
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Whatever You’re Trying to Do, Analytics is the Answer
Brand Performance Analysis
Brand LoyaltyIncreaseSales
Speed to Market
OptimizeInventory
Mobile Analytics – Speed of Information
Net MarginAnalysis
Improve Performance
Sales Marketing Product InnovationFinance
Trade Promotion Effectiveness
Budgeting, Planning & Consolidation
Sales & Operations PlanningMarketing Mix Analysis
Customer Sentiment Analysis
Supply Chain Performance Management
Customer Profitability Analysis
OperationalVisibility
Sales Analytics Product Portfolio Management
On-Shelf Availability Analysis
Supply Chain
CRM – Embedded Analytics
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TODAY’S PRINCIPAL BUSINESS METRICS
ARE OVER A CENTURY OLD• Financial statements• Balance sheets• Net income
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TRADITIONAL FINANCIAL METRICSARE BACKWARD-LOOKING
MostEstablishedKPIs too
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WHEN WE REALLY NEEDTO BE LOOKING FORWARD
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Progressive Expertise
View Reports Strategic Analysis
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Descriptive:What happened?
Diagnostic:Why did it happen?
Predictive:What will happen?
Prescriptive:How can we make it happen?
ANALYTIC MATURITY
Hindsight Insight Foresight
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NEW INFORMATION SIGNALS
:-)Brand Sentiment
Higher NPS
360O Customer ViewLoyal Customers
Product RecommendationMore Sales
Propensity to ChurnGreater Retention
Real-time Demand/Supply ForecastMore Efficient
Predictive MaintenanceLess Downtime
Fraud DetectionLower Risk
Network OptimizationLower Cost
Insider ThreatsGreater Security
Risk Mitigation, Real-timeRetain Market Value
Asset TrackingIncrease Productivity
Personalized CareLoyal Customers
What signals are you missing?
“
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70% of respondents can envisage a “killer application” for big data that would be “very useful” or “spectacular” for their business.
The majority chose not to disclose what that application would be because it would provide a competitive advantage.
AIIM survey of 345 Information Professionals 2012
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Spend time on data qualityEdward James Snowden
Edward Joseph Snowden
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Mobile Analytics
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Coinstar
• Inventory Optimization• Real time Offers• Servicing
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• Keeping citizens informed• Keeping city
aligned• Adapting to real-
time feedback
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• NBA.com/stats
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• Geospatial Mapping
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Demo
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Instantly predict market trends and customer needs
Predict how market price volatility will impact your production plans
See changes in demand or supply across your entire Supply Chain immediately
Monitor and analyze all deviations and quality issues in your production process
Provide exactly the right offers and service levels to every customer
Have a continuously-updated window onto future sales, showing changes in real time
Understand what your customers and potential customers are saying about you, right now
Predict cash flows to manage collections, risk and short-term borrowing in real time
THE POSSIBILITIES ARE ENDLESS…
Design Thinking
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It’s All About Evolution: Do More
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“It's not the strongest that survive, nor the most intelligent, but the ones most responsive to change.”
Charles Darwin
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Thank you!Questions ?
Jacqui Stievenart and Warren [email protected]@adaptit.co.za