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5th ICV ConferenceMay, 2017Ivana Milic
Digital Transformation
Two paths diverged in a wood and I, I took the one less travelled by, and that has made all the difference
Digital Transformation
“We stand on the brink of a technological revolution that will fundamentally alter the way live, work and relate to one another.
In its scale, scope & complexity, the transformation will be unlike anything humankind has experienced before.
There has never been a time of greater promise or potential peril” Klaus Schwab
Founder and Executive Chairman of the World Economic Forum
The 4th Industrial Revolution
Limitless compute and storage
What is the Internet of Things?
Why IoT matters
IOT at fever pitch – real world IoT use cases
Electric charging stations
Street sweepers
Postboxes
AircraftsAuto
Elevators
Factory floor
Oil equipment
Cows
Engines
Vending machines
Buildings
Fryers
Medical devices
Vaccine dispensers
Trucks
BusesDogs
Oil distribution
Smart meters
Internet of Things
Power plant
Surveillance
Power tools
Racing
Mining equipment
Smart grids
Daisy produces datahelping farmers stay ahead of the herd
What is the Internet of Things?Artificial intelligence
Largest accommodation provider owns no real estate
World’s largest taxi company owns no taxis
World’s most valuable retailer has no inventory
Largest phone companies own no telco infrastructure
Most popular media owner creates no content
Largest software vendors don’t write the apps
World’s largest movie house owns no cinemas
The New Kids – True Digital Disruptors
CLOUD
MOBILE
Leverage diverse data setsApply new analyticsMake insight available…fastUnderstood customers more
What does this mean for Finance?
Turning Data into Insights and Action
Source: Gartner
VA
LU
E
DIFFICULTY
Descriptive Analytics
DiagnosticAnalytics
Predictive Analytics
Prescriptive Analytics
What happened?
Why did it happen?
What will happen?
How can we make it happen?
Traditional BI Advanced Analytics
Are you ready?63% of CEOs believe that
technology will have the greatest effect on the role of the future CFO
– KPMG
The time for digital-driven finance is NOW
Two paths diverged in a wood and I, I took the one less travelled by, and that has made all the difference
Thank You!
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