AI-driven governance in collaboration with...analytics empowered strategic leader. Focus on...

Grab n’ go 2019Empower your Chief Data Officer with Smart Services

22 May 2019

AI-driven governance in collaboration with

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Industry 4.0 Revolution

Past Future2000

Future

Today’s Inflection Point

Classical Data Management

The “CDO” Role

Industry 4.0

Data Driven Advantage

2010+

From data management to a data advantage perspective

ContinuedTraditional Models

Big Shiftsregulatory and compliance focus

data usage for reaction to crisis

periodic data cleanupshaving good data becomes important

new role for CDO

advent of business analytics

integration of data with the business

digitization of white collar jobs

advances in data science

greater business results

increased spend

companies manage data as an advantage

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Industry 4.0 Revolution

Past Future2000

Future

Today’s Inflection Point2010+

From data management to a data advantage perspective

ContinuedTraditional Models

Big Shifts

“Gartner estimates that by 2021, the office of the CDO will be an integral function,

comparable to IT, business operations, HR, and finance in 75% of large enterprises.”

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CDO 4.X

Transformational Leader & Innovator

CDO 2.0CDO 3.0

Business Enabler CDO + Analytics

Business Strategy Enabler“Insight Driven Organization”

- 20152016 - 2017

Starting now..

Role focused on facing off to regulators

Responsibilities mainly towards improving data quality, availability and compliance

CDO emerges as an enabler supporting growth, cost reduction, and risk reduction strategies.

Emergence of the role as a data and analytics empowered strategic leader.

Focus on innovation in leveraging emerging technologies to solve the data and analytics challenge

Is a business enabler to the CFO, CRO, COO and LOB executives

Data aware and analytics driven towards an “Insight Driven Organization.

The Chief Data Officer will champion insight driven organizationsThe rapid development of the CDO role

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Is it really that simple and solely a success story? The Chief Data Officer has one of the most challenging jobs to get done: clean up the mess of decades of legacy, history and emotional connections with what was..

Source: Gartner, The third annual Gartner Chief Data Officer survey

“

“Organizations need support in developing and defining the role to fit their unique cultural and organizational objectives.”Gartner

50 per cent of these CDO’s will be seen to fail

90 per cent of large companies will have a chief data officer by

the end of 2019

Majority of the CDO’s stop within24 months

90% 50% 24 months

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NAVIGATING THE CHIEF DATA OFFICER ON THE ROAD TO A DATA-DRIVEN ORGANIZATION Shifting from incremental siloed initiatives to a holistic data journey characterized by leadership, commitment, inclusion, engagement and collaboration

Getting our basics right

Industry Insights

Business Strategy

Stakeholder Landscape

Data Strategy

Data Governance

Data Architecture

Data Quality

Data Accessibility

Data culture & change readiness

Data Utilization Use Cases

Optimize & Innovate

The CDO building blocks for

sustainable success

Data Landscape

Technology landscape

Third Parties

Cyber security, Privacy & Ethics

Understand the environment

Understand where we are

7 © Informatica. Proprietary and Confidential.7 © Informatica. Proprietary and Confidential.7 © Informatica. Proprietary and Confidential.

Data must be easy to find and understand to ease compliance

Rapid Collaborative

Innovation

Regulatory Requirements

Ease of compliance

Technical data search and view for IT

Contextual data search and view for business

R&D Production & Supply Chain

Commercial Devices & Social

Partnerships & Outsourcing

Data must be easy to find and understand to ease compliance & regulatory requirements


TransparencyValue

ChangeRoles

SkillsUnderstandingSilos

VisionAlignment to the Business

What’s holding you back?And do you have a plan for overcoming these obstacles?


COMPUTE

MONITOR AND MANAGE

Usage Operational

Technical Business

How can you Connect and DiscoverUtilize the Value of Metadata Intelligence and AI

Exploiting Metadata through AI and Automation


Intelligent Data Governance drives business valueThe CDO role need to control and balance this process

Collaboration

• Getting the Business and IT collaborating around data

Data Landscape

• Really understand your data landscape

Change

• Supporting change, when change is the only constant

Value

• How data governance drives business value


What does CDO smart services have to solve- Applying Informatica platform

Requirements and actions Informatica platform

1. Need for a cross functional data vision and strategy

2. Understanding need to operate as a data driven organization

3. Lack of clarity on CDO reporting structures or support model

4. Concerns about data quality impact on regulatory compliance n

5. Desire to make data an enterprise wide asset

1. How to track and communicate value connected to processes and strategy

2. Create an operational Data Goverance process

3. Clarify and Visualize priority areas n

4. Visualize the system environment and potential risks connected to compliance policies

5. Categorize, validate and communicate available data assets to the organisation


Data must be easy to find and understand to ease compliance

Rapid Collaborative

Innovation

Regulatory Requirements

Ease of compliance

Technical data search and view for IT

Contextual data search and view for business

R&D Production & Supply Chain

Commercial Devices & Social

Partnerships & Outsourcing

Ideas & Innovation

New Business Models

Data must be easy to find and understand to ease compliance & power digital transformation

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Building a Successful CDO FunctionThere are four critical building blocks that are essential to empowering the CDO and aligning the function with business priorities:

CDO-SmartServices

CDO Priorities and Relationships

CDO Strategy & Periodic Health Check

CDO Organization Talent Development

Data Business Value Realization

Data Priorities

Data Insights

Data Engineering

Data Platforms

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What can you do next?The CDO is here to stay. As the impact and value of the role is being understood and recognized, it is important to develop an awareness of your current capabilities and develop a course of action.

Where are we today? What do we need to do?Where could we be going?

Plan

• Understand the needs of your business partners

• Build a governance practice to treat data as an asset

• Plan for the long term and develop a roadmap for the short term

Assess

• Assess your current data capabilities

• Build a catalog of your data and digital assets

• Review the state of your organization

Execute

• Prioritize potential projects

• Start small to demonstrate value

• Automate as much as possible to achieve high reliability and consistent quality

• Consider if you need external support to get the ball rolling

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Contacts

Thomas HolmenManager

T: +45 51 39 30 25 E: [email protected]

Arne LöfgrenPartner Manager Alliances Nordic

T: +46 766 26 77 20E: [email protected]

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AI-driven governance in collaboration with...analytics empowered strategic leader. Focus on...

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