the edge
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why analytics is the edge. now.TRANSCRIPT
the edge
what gives successful organizations an advantage over competition?
…nothing lasts forever.
‘the edge’ always changes
ownership utilization
owning the ‘edge’ is the first step; later, utilizing it becomes key
natural resources were the earliest
…oil, coal, ore, land…
coal and cotton gave britain a head-start in the industrial revolution
oil continues to be a bone of contention
…and gold (wealth) too
the presence of capital drives commerce
soon, utilizing resources became key
henry ford’s assembly line concept put them on top
the race for ownership gave way to the race for optimum utilization
better banking used wealth better
the next ‘edge’ was ‘demand’
owning and utilizing resources efficiently took care of ‘supply’
marketing, or creating demand, assumed importance after that
those who owned consumers, owned demand
strong brands help own consumers
the need for strong brands gave rise to advertising
soon, demand had to be utilized better
walmart utilized their consumer base effectively
strong corporates diversified on the back of historical brand appeal
technology came nextibm used it’s headstart in technology
using available tech better went further
the ipod was based on current technology
nintendo’s wii used available technology to outrun competition
the internet was the new battleground
early portals quickly gained ground
google’s superior search engine and better interfaces won the battle, though
web2.0 uses the net better
so, what next?
factories, banks, brands, technology & the web generate & store…
…data.
data is the new ‘edge’
firms have led by owning data
research agencies survive on the quality of their data
technology firms have specialized in helping manage the data
so, harnessing data comes next
this is called analytics
capital one used massive consumer database to drive it’s ‘information business strategy, that took it ahead’
there have been some initial successes…
pureplay analytics specialists are cropping up
…but there is a long way to go, yet.
use your data better get ahead
[email protected]://mobiusview.blogspot.com
a presentation by mobius view
thanks!images from
– the flickr pages of thomas hawk, raterrell, ryanbooth, guy with a camera, jim reeves, steve webbel, emily (artbear), scott wills, cliff dwelling, ian s, benben, sandman, ilovebutter, tuminelli, sou, photo david
– wikipedia