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Driving Digital Transformation with Search & AI | Beyond.2020 Digital


 

>>Yeah, yeah. >>Welcome back to our final session in cultivating a data fluent culture track earlier today, we heard from experts like Valerie from the Data Lodge who shared best practices that you can apply to build that data flew into culture in your organization and tips on how to become the next analyst of the future from Yasmin at Comcast and Steve at all Terex. Then we heard from a captivating session with Cindy Hausen and Ruhollah Benjamin, professor at Princeton, on how now is our chance to change the patterns of injustice that we see have been woven into the fabric of society. If you do not have a chance to see today's content, I highly recommend that you check it out on demand. There's a lot of great information that you could start applying today. Now I'm excited to introduce our next session, which will take a look at how the democratization of data is powering digital transformation in the insurance industry. We have two prestigious guests joining us today. First Jim Bramblett, managing director of North America insurance practice, lead at its center. Throughout Jim's career, he's been focused on large scale transformation from large to midsize insurance carriers. His direct experience with clients has traditionally been in the intersection of technology, platform transformation and operating remodel redesign. We also have Michael cast Onus, executive VP and chief operating officer at DNA. He's responsible for all information technology, analytics and operating functions across the organization. Michael has led major initiatives to launch digital programs and incorporating modern AP I architectures ER, which was primarily deployed in the cloud. Jim, please take it away. >>Great. Thanks, Paula E thought we'd cover a few things today around around data. This is some of the trends we see in data within the insurance sector. And then I'll hand it over to Michael Teoh, take you through his story. You know, I think at the macro level, as we think about data and we think about data in the context of the insurance sector, it's interesting because the entire history of the insurance sector has been built on data and yet, at the same time, the entire future of it relies on that same data or similar similar themes for data. But but different. Right? So we think about the history, what has existed in an insurance companies. Four walls was often very enough, very enough to compete, right? So if you think about your customer data, claims, data, CRM, data, digital data, all all the data that was yeah, contained within the four walls of your company was enough to compete on. And you're able to do that for hundreds of years. But as we we think about now as we think about the future and the ability to kind of compete on data, this data comes from many more places just than inside your four walls. It comes from every device, every human, every vehicle, every property, every every digital interaction. Um in upon this data is what we believe insurers need to pivot to. To compete right. They need to be able to consume this data at scale. They need to be able to turn through this data to drive analytics, and they serve up insights based on those analytics really at the desktop of insurance professionals. And by the way, that has to be in the natural transition of national transaction. Of that employees work day. So an underwriter at a desktop claim him on the desktop, the sales associate of desktop. Those insights need to be served up at that point in time when most relevant. And you know. So if we think about how insurance companies are leveraging data, we see this really on kind of three horizons and starting from the left hand side of the page here, this is really brilliant basics. So how my leveraging core core data and core applied intelligence to monetize your existing strategy? And I think this brilliant based, brilliant basics concept is where most of most of my clients, at least within insurance are are today. You know, how are we leveraging data in the most effective way and putting it in the hands of business decision makers to make decisions largely through reporting and some applied intelligence? Um, Horizon two. We see, you know, definitely other industries blazing a trail here, and this is really about How do we integrate ecosystems and partners Now? I think within insurance, you know, we've had data providers forever, right? Whether it's NPR data, credit data risk data, you know, data aggregators and data providers have been a critical part of the insurance sector for for decades. I think what's different about this this ecosystem and partnership model is that it's much more Oneto one and it's much more, you know, kind of. How do we integrate more tightly and how do we become more embedded in each other's transactions? I think that we see some emergence of this, um, in insurance with automotive manufacturers with building management systems. But I think in the grand scheme of things, this is really very, very nascent for us as a sector. And I think the third horizon is is, you know, how do we fundamentally think about data differently to drive new business models? And I, you know, I don't know that we haven't ensure here in North America that's really doing this at any sort of scale. We certainly see pilots and proofs of concepts. We see some carriers in Europe farther down this path, but it's really it's really very new for us. A Z Think about these three horizons for insurance. So you know what's what's behind all this and what's behind. You know, the next powering of digital transformation and and we think at the end of the exercise, its data data will be the next engine that powers digital transformation. So in this exhibit, you know we see the three horizons across the top. You know, data is activated and activating digital transformation. And this, you know, this purple 3rd, 3rd road here is we think some of the foundational building blocks required to kind of get this right. But I think what's most important about about this this purple third bar here is the far right box, which is business adoption. Because you can build this infrastructure, you can have. You know, this great scalable cloud capability. Um, you can create a bunch of applications and intelligence, but unless it's adopted by the business, unless it's democratized, unless those insights and decisions air served up in the natural course of business, you're gonna have trouble really driving value. So that way, I think this is a really interesting time for data. We think this is kind of the next horizon to power the next age of digital transformation for insurance companies. With that brief prelude, I am, I'm honored. Thio, turn it over to Michael Stone Is the Cielo at CNN Insurance? >>Thanks, Jim, for that intro and very exciting Thio be here is part of part of beyond when I think a digital transformation within the context of insurance, actually look at it through the lens of competing in an era of near perfect information. So in order to be able to deliver all of the potential value that we talked about with regard to data and changing ecosystem and changing demands, the question becomes, How do you actually harness the information that's available to everybody to fundamentally change the business? So if you'll indulge me a bit here, let me tell you just a little bit more for those that don't know about insurance, what it really is. And I use a very long run on sentence to do that. It's a business model where capital is placed against risk in the form of products and associated services sold the customers through channels two companies to generate a return. Now, this sounds like a lot of other businesses in across multiple industries that were there watching today. But the difference within insurance is that every major word in that long run on sentence is changing sources of capital that we could draw on to be able to underwrite risk of going away. The nature of risk itself is changing from the perspective of policies that live six months to a year, the policies that could last six minutes. The products that we're creating are changing every day for our ability to actually put a satellite up in the air or ensure against the next pandemic. Our customers are not just companies or individuals, but they could be governments completely different entities than we would have been in sharing in the past and channels were changing. We sell direct, we sell through brokers and products are actually being embedded in other products. So you may buy something and not even know that insurance is a part of it. And what's most interesting here is the last word which is around return In the old world. Insurance was a cash flow business in which we could bring the premium in and get a level of interest income and being able to use that money to be able thio buffer the underwriting results that we would have. But those returns or dramatically reduced because of the interest income scenario, So we have to generate a higher rate of return. So what do we need to do? Is an insurance company in through this digital transformation to be able to get there? Well, fundamentally, we need to rethink how we're using information, and this is where thought spot and the cloud coming for us. We have two basic problems that we're looking to solve with information. The first one is information veracity. Do we believe it? When we get it? Can we actually trust it? Do we know what it means when we say that this is a policy in force or this is a new customer where this is the amount of attention or rate that we're going to get? Do we actually believe in that piece of data? The second is information velocity. Can we get it fast enough to be able to capitalize upon it? So in other words, we're We're working in a situation where the feedback loop is closing quickly and it's operating at a speed that we've never worked in before. So if we can't solve veracity and velocity, then we're never going to be able to get to where we need to go. So when we think of something like hot spot, what do we use it for? We use it to be able to put it in the hands of our business years so that they could ask the key questions about how the business is running. How much profit of my generating this month? What brokers do I need to talk? Thio. What is my rate retention? Look like what? The trends that I'm seeing. And we're using that mechanism not just to present nice visualizations, but to enable that really quick, dynamic question and answer and social, socially enabled search, which completely puts us in a different position of being able to respond to the market conditions. In addition, we're using it for pattern recognition. Were using it for artificial intelligence. We're gonna be capitalizing on the social aspect of of search that's that's enabled through thought spot and also connecting it into our advanced machine learning models and other capabilities that we currently have. But without it solving the two fundamental problems of veracity and velocity, we would be handicapped. So let me give you some advice about if I were in your position and you don't need to be in sleepy old industry like insurance to be able to do this, I'll leave you with three things. The first one is picking water holes so What are the things that you really want to be good at? What are the pieces of information that you really need to know more about? I mean, in insurance, its customers, it's businesses, locations, it's behavior. There are only a few water also really understand and pick those water holes that you're going to be really good at. The second is stand on the shoulders of giants. You know, in the world of technology, there's often a philosophy that says, Well, I can build it something better than somebody else create if I have it in house. But I'm happy to stand on the shoulders of giants like Thought Spot and Google and others to be able to create this capability because guess what? They're gonna out innovate any of the internal shops all day and every day. So don't be afraid. Thio. Stand side by side on the shoulders of giants as part of your journey. Unless you've got to build these organizations not just the technology for rapid experimentation and learning, because guess what? The moment you deliver insight, it begs another question, which also could change the business process, which could change the business model and If your organization the broader organization of business technology, analytics, customer service operations, etcetera is not built in a way that could be dynamic and flexible based on where the market is or is going, then you're gonna miss out on the opportunity. So again, I'm proud to be part of the fast black community. Really love the technology. And if if you look too, have the same kind of issues with your given industry about how you can actually speed up decision making, deliver insights and deliver this kind of search and recommended to use it. And with that, let's go to some questions. >>Awesome. Thank you so much, Michael and Jim for that in depth perspective and those tangible takeaways for our audience. We have a few minutes left and would love to ask a few questions. So here's the first one for Michael Michael. What are some of the most important things that you know now that you didn't know before you started this process? I think one of >>the things that's a great question. I think one of the things that really struck me is that, you know, traditional thinking would be very use case centric or pain point centric Show me, uh, this particular model or a particular question you want me to answer that can build your own analytics to do that or show me a deficiency in the system and I can go and develop a quick head that will do well, then you know, wallpaper over that particular issue. But what we've really learned is the foundation matters. So when we think about building things is building the things that are below the waterline, the pipes and plumbing about how you move data around how the engines work and how it all connects together gives you the above the waterline features that you could deliver to. You know, your employees into your customers much faster chasing use cases across the top above the waterline and ignoring what's below the water line to me. Is it really, uh, easy recipe too quick? Get your way to nothing. So again, focus on the foundation bill below the water line and then iterated above the water line that z what the lessons we've learned. It has been very effective for us. >>I think that's a very great advice for all those watching today on. But Here's one for Jim. Jim. What skills would you say are required for teams to truly adopt this digital transformation process? >>Yeah, well, I think that's a really good question, and I think I'd start with it's It's never one. Well, our experience has shown us number a one person show, right? So So we think to kind of drive some of the value that that that Michael spoke about. We really looked across disciplinary teams, which is a an amalgamation of skills and and team members, right? So if you think about the data science skills required, just kinda under under understand how toe toe work with data and drive insights, Sometimes that's high end analytic skills. Um, where you gonna find value? So some value architectural skills Thio really articulate, you know, Is this gonna move the needle for my business? I think there's a couple of critical critical components of this team. One is, you know, the operation. Whatever. That operation maybe has to be embedded, right, because they designed this is gonna look at a piece of data that seems interesting in the business Leader is going to say that that actually means nothing to me in my operation. So and then I think the last the last type of skill would be would be a data translator. Um, sitting between sometimes the technology in the business so that this amalgamation of skills is important. You know, something that Michael talked about briefly that I think is critical is You know, once you deliver insight, it leads to 10 more questions. So just in a intellectual curiosity and an understanding of, you know, if I find something here, here, the implications downstream from my business are really important. So in an environment of experimenting and learning thes thes cross discipline teams, we have found to be most effective. And I think we thought spot, you know, the platform is wired to support that type of analysis and wired to support that type of teaming. >>Definitely. I think that's though there's some really great skills. That's for people to keep in mind while they are going through this process. Okay, Michael, we have another question for you. What are some of the key changes you've had to make in your environment to make this digital transformation happen? >>That's a great question. I think if you look at our environment. We've got a mixture of, you know, space agent Stone age. We've got old legacy systems. We have all sorts of different storage. We have, you know, smatterings of things that were in cloud. The first thing that we needed to do was make a strong commitment to the cloud. So Google is our partner for for the cloud platform on unabashedly. The second thing that we needed to dio was really rethink the interplay between analytics systems in operational systems. So traditionally, you've got a large data warehouses that sit out over here that, you know, we've got some kind of extract and low that occurs, and we've got transactional operational systems that run the business, and we're thinking about them very differently from the perspective of bringing them together. How Doe I actually take advantage of data emotion that's in the cloud. So then I can actually serve up analytics, and I can also change business process as it's happening for the people that are transacting business. And in the meantime, I can also serve the multiple masters of total cost and consumption. So again, I didn't applications are two ships that pass in the night and never be in the world of Sienna. When you look at them is very much interrelated, especially as we want to get our analytics right. We want to get our A i m all right, and we want to get operational systems right By capturing that dated motion force across that architecture er that was an important point. Commit to the cloud, rethink the way we think analytics systems, work and operational systems work and then move them in tandem, as opposed to doing one without the other one in the vacuum. >>That's that's great advice, Michael. I think it's very important those key elements you just hit one question that we have final question we have for Jim. Jim, how do you see your client sustain the benefits that they've gained through this process? >>Yeah, it's a really good question. Um, you know, I think about some of the major themes around around beyond right, data fluency is one of them, right? And as I think about fluency, you only attain fluency through using the language every single day. They were day, week, over week, month over month. So you know, I think that applies to this. This problem too. You know, we see a lot of clients have to change probably two things at the same time. Number one is mindset, and number two is is structure. So if you want to turn these data projects from projects into processes, right, so so move away from spinning up teams, getting getting results and winding down. You wanna move away from that Teoh process, which is this is just the way working for these teams. Um, you have to change the mindset and often times you have to marry that with orb structure change. So So I'm gonna spin up these teams, but this team is going to deliver a set of insights on day. Then we're gonna be continuous improvement teams that that persist over time. So I think this shifting from project teams to persistent teams coupled with mindset coupled with with or structure changed, you know, a lot of times has to be in place for a period of time to get to get the fluency and achieve the fluency that that most organizations need. >>Thanks, Jim, for that well thought out answer. It really goes to show that the transformation process really varies when it comes to organizations, but I think this is a great way to close out today's track. I like to think Jim, Michael, as well as all the experts that you heard earlier today for sharing. There's best practice as to how you all can start transforming your organization's by building a data fluent culture, Um, and really empowering your employees to understand what data means and how to take actions with it. As we wrap up and get ready for the next session, I'd like to leave you all with just a couple of things. Number one if you miss anything or would like to watch any of the other tracks. Don't worry. We have everything available after this event on demand number two. If you want to ask more questions from the experts that you heard earlier today, you have a chance to do so. At the Meet The Experts Roundtable, make sure to attend the one for track four in cultivating a data fluent culture. Now, as we get ready for the product roadmap, go take a sip of water. This is something you do not want to miss. If you love what you heard yesterday, you're gonna like what you hear today. I hear there's some type of Indiana Jones theme to it all, so I won't say anything else, but I'll see you there.

Published Date : Dec 10 2020

SUMMARY :

best practices that you can apply to build that data flew into culture in your organization So if you think about your customer data, So in order to be able to deliver all of the potential value that we talked about with regard to data that you know now that you didn't know before you started this process? the above the waterline features that you could deliver to. What skills would you say are required for teams And I think we thought spot, you know, the platform is wired to What are some of the key changes you've had to make in your environment to make this digital transformation I think if you look at our environment. Jim, how do you see your client sustain the benefits that they've gained through this process? So I think this shifting from project teams to persistent teams coupled There's best practice as to how you all can start transforming

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Empowerment Through Inclusion | Beyond.2020 Digital


 

>>Yeah, yeah. >>Welcome back. I'm so excited to introduce our next session empowerment through inclusion, reimagining society and technology. This is a topic that's personally very near and dear to my heart. Did you know that there's only 2% of Latinas in technology as a Latina? I know that there's so much more we could do collectively to improve these gaps and diversity. I thought spot diversity is considered a critical element across all levels of the organization. The data shows countless times. A diverse and inclusive workforce ultimately drives innovation better performance and keeps your employees happier. That's why we're passionate about contributing to this conversation and also partnering with organizations that share our mission of improving diversity across our communities. Last beyond, we hosted the session during a breakfast and we packed the whole room. This year, we're bringing the conversation to the forefront to emphasize the importance of diversity and data and share the positive ramifications that it has for your organization. Joining us for this session are thought spots Chief Data Strategy Officer Cindy Housing and Ruhollah Benjamin, associate professor of African American Studies at Princeton University. Thank you, Paola. So many >>of you have journeyed with me for years now on our efforts to improve diversity and inclusion in the data and analytic space. And >>I would say >>over time we cautiously started commiserating, eventually sharing best practices to make ourselves and our companies better. And I do consider it a milestone. Last year, as Paola mentioned that half the room was filled with our male allies. But I remember one of our Panelists, Natalie Longhurst from Vodafone, suggesting that we move it from a side hallway conversation, early morning breakfast to the main stage. And I >>think it was >>Bill Zang from a I G in Japan. Who said Yes, please. Everyone else agreed, but more than a main stage topic, I want to ask you to think about inclusion beyond your role beyond your company toe. How Data and analytics can be used to impact inclusion and equity for the society as a whole. Are we using data to reveal patterns or to perpetuate problems leading Tobias at scale? You are the experts, the change agents, the leaders that can prevent this. I am thrilled to introduce you to the leading authority on this topic, Rou Ha Benjamin, associate professor of African studies at Princeton University and author of Multiple Books. The Latest Race After Technology. Rou ha Welcome. >>Thank you. Thank you so much for having me. I'm thrilled to be in conversation with you today, and I thought I would just kick things off with some opening reflections on this really important session theme. And then we could jump into discussion. So I'd like us to as a starting point, um, wrestle with these buzzwords, empowerment and inclusion so that we can have them be more than kind of big platitudes and really have them reflected in our workplace cultures and the things that we design in the technologies that we put out into the world. And so to do that, I think we have to move beyond techno determinism, and I'll explain what that means in just a minute. Techno determinism comes in two forms. The first, on your left is the idea that technology automation, um, all of these emerging trends are going to harm us, are going to necessarily harm humanity. They're going to take all the jobs they're going to remove human agency. This is what we might call the techno dystopian version of the story and this is what Hollywood loves to sell us in the form of movies like The Matrix or Terminator. The other version on your right is the techno utopian story that technologies automation. The robots as a shorthand, are going to save humanity. They're gonna make everything more efficient, more equitable. And in this case, on the surface, he seemed like opposing narratives right there, telling us different stories. At least they have different endpoints. But when you pull back the screen and look a little bit more closely, you see that they share an underlying logic that technology is in the driver's seat and that human beings that social society can just respond to what's happening. But we don't really have a say in what technologies air designed and so to move beyond techno determinism the notion that technology is in the driver's seat. We have to put the human agents and agencies back into the story, the protagonists, and think carefully about what the human desires worldviews, values, assumptions are that animate the production of technology. And so we have to put the humans behind the screen back into view. And so that's a very first step and when we do that, we see, as was already mentioned, that it's a very homogeneous group right now in terms of who gets the power and the resource is to produce the digital and physical infrastructure that everyone else has to live with. And so, as a first step, we need to think about how to create more participation of those who are working behind the scenes to design technology now to dig a little more a deeper into this, I want to offer a kind of low tech example before we get to the more hi tech ones. So what you see in front of you here is a simple park bench public bench. It's located in Berkeley, California, which is where I went to graduate school and on this particular visit I was living in Boston, and so I was back in California. It was February. It was freezing where I was coming from, and so I wanted to take a few minutes in between meetings to just lay out in the sun and soak in some vitamin D, and I quickly realized, actually, I couldn't lay down on this bench because of the way it had been designed with these arm rests at intermittent intervals. And so here I thought. Okay, the the armrest have, ah functional reason why they're there. I mean, you could literally rest your elbows there or, um, you know, it can create a little bit of privacy of someone sitting there that you don't know. When I was nine months pregnant, it could help me get up and down or for the elderly, the same thing. So it has a lot of functional reasons, but I also thought about the fact that it prevents people who are homeless from sleeping on the bench. And this is the Bay area that we were talking about where, in fact, the tech boom has gone hand in hand with a housing crisis. Those things have grown in tandem. So innovation has grown within equity because we haven't thought carefully about how to address the social context in which technology grows and blossoms. And so I thought, Okay, this crisis is growing in this area, and so perhaps this is a deliberate attempt to make sure that people don't sleep on the benches by the way that they're designed and where the where they're implemented and So this is what we might call structural inequity. By the way something is designed. It has certain effects that exclude or harm different people. And so it may not necessarily be the intense, but that's the effect. And I did a little digging, and I found, in fact, it's a global phenomenon, this thing that architects called hostile architecture. Er, I found single occupancy benches in Helsinki, so only one booty at a time no laying down there. I found caged benches in France. And in this particular town. What's interesting here is that the mayor put these benches out in this little shopping plaza, and within 24 hours the people in the town rallied together and had them removed. So we see here that just because we have, uh, discriminatory design in our public space doesn't mean we have to live with it. We can actually work together to ensure that our public space reflects our better values. But I think my favorite example of all is the meter bench. In this case, this bench is designed with spikes in them, and to get the spikes to retreat into the bench, you have to feed the meter you have to put some coins in, and I think it buys you about 15 or 20 minutes. Then the spikes come back up. And so you'll be happy to know that in this case, this was designed by a German artists to get people to think critically about issues of design, not just the design of physical space but the design of all kinds of things, public policies. And so we can think about how our public life in general is metered, that it serves those that can pay the price and others are excluded or harm, whether we're talking about education or health care. And the meter bench also presents something interesting. For those of us who care about technology, it creates a technical fix for a social problem. In fact, it started out his art. But some municipalities in different parts of the world have actually adopted this in their public spaces in their parks in order to deter so called lawyers from using that space. And so, by a technical fix, we mean something that creates a short term effect, right. It gets people who may want to sleep on it out of sight. They're unable to use it, but it doesn't address the underlying problems that create that need to sleep outside in the first place. And so, in addition to techno determinism, we have to think critically about technical fixes that don't address the underlying issues that technology is meant to solve. And so this is part of a broader issue of discriminatory design, and we can apply the bench metaphor to all kinds of things that we work with or that we create. And the question we really have to continuously ask ourselves is, What values are we building in to the physical and digital infrastructures around us? What are the spikes that we may unwittingly put into place? Or perhaps we didn't create the spikes. Perhaps we started a new job or a new position, and someone hands us something. This is the way things have always been done. So we inherit the spike bench. What is our responsibility when we noticed that it's creating these kinds of harms or exclusions or technical fixes that are bypassing the underlying problem? What is our responsibility? All of this came to a head in the context of financial technologies. I don't know how many of you remember these high profile cases of tech insiders and CEOs who applied for Apple, the Apple card and, in one case, a husband and wife applied and the husband, the husband received a much higher limit almost 20 times the limit as his wife, even though they shared bank accounts, they lived in Common Law State. And so the question. There was not only the fact that the husband was receiving a much better interest rate and the limit, but also that there was no mechanism for the individuals involved to dispute what was happening. They didn't even know what the factors were that they were being judged that was creating this form of discrimination. So in terms of financial technologies, it's not simply the outcome that's the issue. Or that could be discriminatory, but the process that black boxes, all of the decision making that makes it so that consumers and the general public have no way to question it. No way to understand how they're being judged adversely, and so it's the process not only the product that we have to care a lot about. And so the case of the apple cart is part of a much broader phenomenon of, um, racist and sexist robots. This is how the headlines framed it a few years ago, and I was so interested in this framing because there was a first wave of stories that seemed to be shocked at the prospect that technology is not neutral. Then there was a second wave of stories that seemed less surprised. Well, of course, technology inherits its creator's biases. And now I think we've entered a phase of attempts to override and address the default settings of so called racist and sexist robots, for better or worse. And here robots is just a kind of shorthand, that the way people are talking about automation and emerging technologies more broadly. And so as I was encountering these headlines, I was thinking about how these air, not problems simply brought on by machine learning or AI. They're not all brand new, and so I wanted to contribute to the conversation, a kind of larger context and a longer history for us to think carefully about the social dimensions of technology. And so I developed a concept called the New Jim Code, which plays on the phrase Jim Crow, which is the way that the regime of white supremacy and inequality in this country was defined in a previous era, and I wanted us to think about how that legacy continues to haunt the present, how we might be coding bias into emerging technologies and the danger being that we imagine those technologies to be objective. And so this gives us a language to be able to name this phenomenon so that we can address it and change it under this larger umbrella of the new Jim Code are four distinct ways that this phenomenon takes shape from the more obvious engineered inequity. Those were the kinds of inequalities tech mediated inequalities that we can generally see coming. They're kind of obvious. But then we go down the line and we see it becomes harder to detect. It's happening in our own backyards. It's happening around us, and we don't really have a view into the black box, and so it becomes more insidious. And so in the remaining couple minutes, I'm just just going to give you a taste of the last three of these, and then a move towards conclusion that we can start chatting. So when it comes to default discrimination. This is the way that social inequalities become embedded in emerging technologies because designers of these technologies aren't thinking carefully about history and sociology. Ah, great example of this came Thio headlines last fall when it was found that widely used healthcare algorithm affecting millions of patients, um, was discriminating against black patients. And so what's especially important to note here is that this algorithm healthcare algorithm does not explicitly take note of race. That is to say, it is race neutral by using cost to predict healthcare needs. This digital triaging system unwittingly reproduces health disparities because, on average, black people have incurred fewer costs for a variety of reasons, including structural inequality. So in my review of this study by Obermeyer and colleagues, I want to draw attention to how indifference to social reality can be even more harmful than malicious intent. It doesn't have to be the intent of the designers to create this effect, and so we have to look carefully at how indifference is operating and how race neutrality can be a deadly force. When we move on to the next iteration of the new Jim code coded exposure, there's attention because on the one hand, you see this image where the darker skin individual is not being detected by the facial recognition system, right on the camera or on the computer. And so coated exposure names this tension between wanting to be seen and included and recognized, whether it's in facial recognition or in recommendation systems or in tailored advertising. But the opposite of that, the tension is with when you're over included. When you're surveiled when you're to centered. And so we should note that it's not simply in being left out, that's the problem. But it's in being included in harmful ways. And so I want us to think carefully about the rhetoric of inclusion and understand that inclusion is not simply an end point. It's a process, and it is possible to include people in harmful processes. And so we want to ensure that the process is not harmful for it to really be effective. The last iteration of the new Jim Code. That means the the most insidious, let's say, is technologies that are touted as helping US address bias, so they're not simply including people, but they're actively working to address bias. And so in this case, There are a lot of different companies that are using AI to hire, create hiring software and hiring algorithms, including this one higher view. And the idea is that there there's a lot that AI can keep track of that human beings might miss. And so so the software can make data driven talent decisions. After all, the problem of employment discrimination is widespread and well documented. So the logic goes, Wouldn't this be even more reason to outsource decisions to AI? Well, let's think about this carefully. And this is the look of the idea of techno benevolence trying to do good without fully reckoning with what? How technology can reproduce inequalities. So some colleagues of mine at Princeton, um, tested a natural learning processing algorithm and was looking to see whether it exhibited the same, um, tendencies that psychologists have documented among humans. E. And what they found was that in fact, the algorithm associating black names with negative words and white names with pleasant sounding words. And so this particular audit builds on a classic study done around 2003, before all of the emerging technologies were on the scene where two University of Chicago economists sent out thousands of resumes to employers in Boston and Chicago, and all they did was change the names on those resumes. All of the other work history education were the same, and then they waited to see who would get called back. And the applicants, the fictional applicants with white sounding names received 50% more callbacks than the black applicants. So if you're presented with that study, you might be tempted to say, Well, let's let technology handle it since humans are so biased. But my colleagues here in computer science found that this natural language processing algorithm actually reproduced those same associations with black and white names. So, too, with gender coded words and names Amazon learned a couple years ago when its own hiring algorithm was found discriminating against women. Nevertheless, it should be clear by now why technical fixes that claim to bypass human biases are so desirable. If Onley there was a way to slay centuries of racist and sexist demons with a social justice box beyond desirable, more like magical, magical for employers, perhaps looking to streamline the grueling work of recruitment but a curse from any jobseekers, as this headline puts it, your next interview could be with a racist spot, bringing us back to that problem space we started with just a few minutes ago. So it's worth noting that job seekers are already developing ways to subvert the system by trading answers to employers test and creating fake applications as informal audits of their own. In terms of a more collective response, there's a federation of European Trade unions call you and I Global that's developed a charter of digital rights for work, others that touches on automated and a I based decisions to be included in bargaining agreements. And so this is one of many efforts to change their ecosystem to change the context in which technology is being deployed to ensure more protections and more rights for everyday people in the US There's the algorithmic accountability bill that's been presented, and it's one effort to create some more protections around this ubiquity of automated decisions, and I think we should all be calling from more public accountability when it comes to the widespread use of automated decisions. Another development that keeps me somewhat hopeful is that tech workers themselves are increasingly speaking out against the most egregious forms of corporate collusion with state sanctioned racism. And to get a taste of that, I encourage you to check out the hashtag Tech won't build it. Among other statements that they have made and walking out and petitioning their companies. Who one group said, as the people who build the technologies that Microsoft profits from, we refuse to be complicit in terms of education, which is my own ground zero. Um, it's a place where we can we can grow a more historically and socially literate approach to tech design. And this is just one, um, resource that you all can download, Um, by developed by some wonderful colleagues at the Data and Society Research Institute in New York and the goal of this interventionist threefold to develop an intellectual understanding of how structural racism operates and algorithms, social media platforms and technologies, not yet developed and emotional intelligence concerning how to resolve racially stressful situations within organizations, and a commitment to take action to reduce harms to communities of color. And so as a final way to think about why these things are so important, I want to offer a couple last provocations. The first is for us to think a new about what actually is deep learning when it comes to computation. I want to suggest that computational depth when it comes to a I systems without historical or social depth, is actually superficial learning. And so we need to have a much more interdisciplinary, integrated approach to knowledge production and to observing and understanding patterns that don't simply rely on one discipline in order to map reality. The last provocation is this. If, as I suggested at the start, inequity is woven into the very fabric of our society, it's built into the design of our. Our policies are physical infrastructures and now even our digital infrastructures. That means that each twist, coil and code is a chance for us toe. We've new patterns, practices and politics. The vastness of the problems that we're up against will be their undoing. Once we accept that we're pattern makers. So what does that look like? It looks like refusing color blindness as an anecdote to tech media discrimination rather than refusing to see difference. Let's take stock of how the training data and the models that we're creating have these built in decisions from the past that have often been discriminatory. It means actually thinking about the underside of inclusion, which can be targeting. And how do we create a more participatory rather than predatory form of inclusion? And ultimately, it also means owning our own power in these systems so that we can change the patterns of the past. If we're if we inherit a spiked bench, that doesn't mean that we need to continue using it. We can work together to design more just and equitable technologies. So with that, I look forward to our conversation. >>Thank you, Ruth. Ha. That was I expected it to be amazing, as I have been devouring your book in the last few weeks. So I knew that would be impactful. I know we will never think about park benches again. How it's art. And you laid down the gauntlet. Oh, my goodness. That tech won't build it. Well, I would say if the thoughts about team has any saying that we absolutely will build it and will continue toe educate ourselves. So you made a few points that it doesn't matter if it was intentional or not. So unintentional has as big an impact. Um, how do we address that does it just start with awareness building or how do we address that? >>Yeah, so it's important. I mean, it's important. I have good intentions. And so, by saying that intentions are not the end, all be all. It doesn't mean that we're throwing intentions out. But it is saying that there's so many things that happened in the world, happened unwittingly without someone sitting down to to make it good or bad. And so this goes on both ends. The analogy that I often use is if I'm parked outside and I see someone, you know breaking into my car, I don't run out there and say Now, do you feel Do you feel in your heart that you're a thief? Do you intend to be a thief? I don't go and grill their identity or their intention. Thio harm me, but I look at the effect of their actions, and so in terms of art, the teams that we work on, I think one of the things that we can do again is to have a range of perspectives around the table that can think ahead like chess, about how things might play out, but also once we've sort of created something and it's, you know, it's entered into, you know, the world. We need to have, ah, regular audits and check ins to see when it's going off track just because we intended to do good and set it out when it goes sideways, we need mechanisms, formal mechanisms that actually are built into the process that can get it back on track or even remove it entirely if we find And we see that with different products, right that get re called. And so we need that to be formalized rather than putting the burden on the people that are using these things toe have to raise the awareness or have to come to us like with the apple card, Right? To say this thing is not fair. Why don't we have that built into the process to begin with? >>Yeah, so a couple things. So my dad used to say the road to hell is paved with good intentions, so that's >>yes on. In fact, in the book, I say the road to hell is paved with technical fixes. So they're me and your dad are on the same page, >>and I I love your point about bringing different perspectives. And I often say this is why diversity is not just about business benefits. It's your best recipe for for identifying the early biases in the data sets in the way we build things. And yet it's such a thorny problem to address bringing new people in from tech. So in the absence of that, what do we do? Is it the outside review boards? Or do you think regulation is the best bet as you mentioned a >>few? Yeah, yeah, we need really need a combination of things. I mean, we need So on the one hand, we need something like a do no harm, um, ethos. So with that we see in medicine so that it becomes part of the fabric and the culture of organizations that that those values, the social values, have equal or more weight than the other kinds of economic imperatives. Right. So we have toe have a reckoning in house, but we can't leave it to people who are designing and have a vested interest in getting things to market to regulate themselves. We also need independent accountability. So we need a combination of this and going back just to your point about just thinking about like, the diversity on teams. One really cautionary example comes to mind from last fall, when Google's New Pixel four phone was about to come out and it had a kind of facial recognition component to it that you could open the phone and they had been following this research that shows that facial recognition systems don't work as well on darker skin individuals, right? And so they wanted Thio get a head start. They wanted to prevent that, right? So they had good intentions. They didn't want their phone toe block out darker skin, you know, users from from using it. And so what they did was they were trying to diversify their training data so that the system would work better and they hired contract workers, and they told these contract workers to engage black people, tell them to use the phone play with, you know, some kind of app, take a selfie so that their faces would populate that the training set, But they didn't. They did not tell the people what their faces were gonna be used for, so they withheld some information. They didn't tell them. It was being used for the spatial recognition system, and the contract workers went to the media and said Something's not right. Why are we being told? Withhold information? And in fact, they told them, going back to the park bench example. To give people who are homeless $5 gift cards to play with the phone and get their images in this. And so this all came to light and Google withdrew this research and this process because it was so in line with a long history of using marginalized, most vulnerable people and populations to make technologies better when those technologies are likely going toe, harm them in terms of surveillance and other things. And so I think I bring this up here to go back to our question of how the composition of teams might help address this. I think often about who is in that room making that decision about sending, creating this process of the contract workers and who the selfies and so on. Perhaps it was a racially homogeneous group where people didn't want really sensitive to how this could be experienced or seen, but maybe it was a diverse, racially diverse group and perhaps the history of harm when it comes to science and technology. Maybe they didn't have that disciplinary knowledge. And so it could also be a function of what people knew in the room, how they could do that chest in their head and think how this is gonna play out. It's not gonna play out very well. And the last thing is that maybe there was disciplinary diversity. Maybe there was racial ethnic diversity, but maybe the workplace culture made it to those people. Didn't feel like they could speak up right so you could have all the diversity in the world. But if you don't create a context in which people who have those insights feel like they can speak up and be respected and heard, then you're basically sitting on a reservoir of resource is and you're not tapping into it to ensure T to do right by your company. And so it's one of those cautionary tales I think that we can all learn from to try to create an environment where we can elicit those insights from our team and our and our coworkers, >>your point about the culture. This is really inclusion very different from just diversity and thought. Eso I like to end on a hopeful note. A prescriptive note. You have some of the most influential data and analytics leaders and experts attending virtually here. So if you imagine the way we use data and housing is a great example, mortgage lending has not been equitable for African Americans in particular. But if you imagine the right way to use data, what is the future hold when we've gotten better at this? More aware >>of this? Thank you for that question on DSO. You know, there's a few things that come to mind for me one. And I think mortgage environment is really the perfect sort of context in which to think through the the both. The problem where the solutions may lie. One of the most powerful ways I see data being used by different organizations and groups is to shine a light on the past and ongoing inequities. And so oftentimes, when people see the bias, let's say when it came to like the the hiring algorithm or the language out, they see the names associated with negative or positive words that tends toe have, ah, bigger impact because they think well, Wow, The technology is reflecting these biases. It really must be true. Never mind that people might have been raising the issues in other ways before. But I think one of the most powerful ways we can use data and technology is as a mirror onto existing forms of inequality That then can motivate us to try to address those things. The caution is that we cannot just address those once we come to grips with the problem, the solution is not simply going to be a technical solution. And so we have to understand both the promise of data and the limits of data. So when it comes to, let's say, a software program, let's say Ah, hiring algorithm that now is trained toe look for diversity as opposed to homogeneity and say I get hired through one of those algorithms in a new workplace. I can get through the door and be hired. But if nothing else about that workplace has changed and on a day to day basis I'm still experiencing microaggressions. I'm still experiencing all kinds of issues. Then that technology just gave me access to ah harmful environment, you see, and so this is the idea that we can't simply expect the technology to solve all of our problems. We have to do the hard work. And so I would encourage everyone listening to both except the promise of these tools, but really crucially, um, Thio, understand that the rial kinds of changes that we need to make are gonna be messy. They're not gonna be quick fixes. If you think about how long it took our society to create the kinds of inequities that that we now it lived with, we should expect to do our part, do the work and pass the baton. We're not going to magically like Fairy does create a wonderful algorithm that's gonna help us bypass these issues. It can expose them. But then it's up to us to actually do the hard work of changing our social relations are changing the culture of not just our workplaces but our schools. Our healthcare systems are neighborhoods so that they reflect our better values. >>Yeah. Ha. So beautifully said I think all of us are willing to do the hard work. And I like your point about using it is a mirror and thought spot. We like to say a fact driven world is a better world. It can give us that transparency. So on behalf of everyone, thank you so much for your passion for your hard work and for talking to us. >>Thank you, Cindy. Thank you so much for inviting me. Hey, I live back to you. >>Thank you, Cindy and rou ha. For this fascinating exploration of our society and technology, we're just about ready to move on to our final session of the day. So make sure to tune in for this customer case study session with executives from Sienna and Accenture on driving digital transformation with certain AI.

Published Date : Dec 10 2020

SUMMARY :

I know that there's so much more we could do collectively to improve these gaps and diversity. and inclusion in the data and analytic space. Natalie Longhurst from Vodafone, suggesting that we move it from the change agents, the leaders that can prevent this. And so in the remaining couple minutes, I'm just just going to give you a taste of the last three of these, And you laid down the gauntlet. And so we need that to be formalized rather than putting the burden on So my dad used to say the road to hell is paved with good In fact, in the book, I say the road to hell for identifying the early biases in the data sets in the way we build things. And so this all came to light and the way we use data and housing is a great example, And so we have to understand both the promise And I like your point about using it is a mirror and thought spot. I live back to you. So make sure to

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Become the Analyst of the Future | Beyond.2020 Digital


 

>>Yeah, yeah. >>Hello and welcome back. I hope you're ready for our next session. Become the analyst of the future. We'll hear the customer's perspective about their increasingly strategic role and the potential career growth that comes with it. Joining us today are Nate Weaver, director of product marketing at Thought Spot. Yasmin Natasa, senior director of national sales strategy and insights over at Comcast and Steve Would Ledge VP of customer and partner initiatives. Oughta Terex. We're so happy to have you all here today. I'll hand things over to meet to kick things off. >>Yeah, thanks, Paula. I'd like to start with a personal story that might resonate with our audience, says an analyst. Early in my career, I was the intermediary between the business and what we called I t right. Basically database administrators. I was responsible for understanding business logic gathering requirements, Ringling data building dashboards for executives and, in my case, 100 plus sales reps. Every request that came through the business intelligence team. We owned everything, right? Indexing databases for speed, S s. I s packages for data transfer maintaining Department of Data Lakes all out cubes, etcetera. We were busy. Now we were constantly building or updating something. The worst part is an analyst, If you ask the business, every request took too long. It was slow. Well, from an analyst perspective, it was slow because it's a complex process with many moving parts. So as an analyst fresh out of grad school often felt overeducated, sometimes underappreciated, like a report writer, we were constantly overwhelmed by never ending ad hoc request, even though we had hundreds of reports and robust dashboards that would answer 90% of the questions. If the end user had an analytical foundation like I did right, if they knew where to look and how to navigate dimensions and hierarchies, etcetera. So anyway, point is, we had to build everything through this complex and slow, um, process. So for the first decade of my career, I had this gut feeling there had to be a better way, and today we're going to talk about how thought SWAT and all tricks are empowering the analysts of the future by reimagining the entire data pipeline. This paradigm shift allows businesses and data teams thio, connect, transform, model and, most importantly, automate what used to be this terribly complex data analysis process. With that, I'd like to hand it over to Steve to describe the all tricks analytic process automation platform and how they help analysts create more robust data sets that enable non technical end users toe ask and answer their own questions, but also more sophisticated business questions. Using Search and AI Analytics in Thoughts Fire Steve over to you. >>Thanks for that really relevant example. Nate and Hi, everyone. I'm Steve. Will it have been in the market for about 20 years, and then Data Analytics and I can completely I can completely appreciate what they was talking about. And what I think is unique about all tricks is how we not only bring people to the data for a self service environment, but I think what's often missed in analytics is the automation and figure out. What is the business process that needs to be repeated and connecting the dots between the date of the process and the people To speed up those insights, uh, to not only give people to self service, access to information, to do data prep and blending, but more advanced analytics, and then driving that into the business in terms of outcomes. And I'll show you what that looks like when you talk about the analytic process automation platform on the next slide. What we've done is we've created this end to end workflow where data is on the left, outcomes around the right and within the ultras environment, we unify data prep and blend analytics, data science and process automation. In this continuous process, so is analysis or an end user. I can go ahead and grab whatever data is made available to me by i t. You have got 80 plus different inputs and a p i s that we connect to. You have this drag and drop environment where you conjoined the data together, apply filters, do some descriptive analytics, even do things like grab text documents and do sentiments analysis through that with text, mining and natural language processing. As people get more used to the platform and want to do more advanced analytics and process automation, we also have things like assisted machine learning and predictive analytics out of the box directly within it as well and typically within organizations. These would be different departments and different tools doing this and we try to bring all this together in one system. So there's 260 different automation building blocks again and drag a drop environment. And then those outcomes could be published into a place where thoughts about visualizes that makes it accessible to the business users to do additional search based B I and analytics directly from their browser. And it's not just the insights that you would get from thought spot, but a lot of automation is also driving unattended, unattended or automated actions within operational systems. If you take an example of one of our customers that's in the telecommunications world, they drive customer insights around likeliness to turn or next best offers, and they deliver that within a salesforce applications. So when you walk into a retail store for your cell phone provider, they will know more about you in terms of what services you might be interested in. And if you're not happy at the time and things like that. So it's about how do we connect all those components within the business process? And what this looks like is on this screen and I won't go through in detail, but it's ah, dragon drop environment, where everything from the input data, whether it's cloud on Prem or even a local file that you might have for a spreadsheet. Uh, I t wants to have this environment where it's governed, and there's sort of components that you're allowed to have access to so that you could do that data crept and blending and not just data within your organization, but also then being able to blend in third party demographic data or firm a graphic information from different third party data providers that we have joined that data together and then do more advanced analytics on it. So you could have a predictive score or something like that being applied and blending that with other information about your customer and then sharing those insights through thought spots and more and more users throughout the organization. And bring that to life. In addition to you, as we know, is gonna talk about her experience of Comcast. Given the world that we're in right now, uh, hospital care and the ability to have enough staff and and take care of all of our people is a really important thing. So one of our customers, a large healthcare network in the South was using all tricks to give not only analyst with the organization, but even nurses were being trained on how to use all tricks and do things like improve observation. Wait time eso that when you come in, the nurse was actually using all tricks to look at the different time stamps out of ethic and create a process for the understands. What are all the causes for weight in three observation room and identify outliers of people that are trying to come in for a certain type of care that may wait much longer than on average. And they're actually able to reduce their wait time by 22%. And the outliers were reduced by about 50% because they did a better job of staffing. And overall staffing is a big issue if you can imagine trying to have a predictive idea of how many staff you need in the different medical facilities around the network, they were bringing in data around the attrition of healthcare workers, the volume of patient load, the scheduled holidays that people have and being able to predict 4 to 6 months out. What are the staff that they need to prepare toe have on on site and ready so they could take care of the patients as they're coming in. In this case, they used in our module within all tricks to do that, planning to give HR and finance a view of what's required, and they could do a drop, a drop down by department and understand between physicians, nurses and different facilities. What is the predicted need in terms of staffing within that organization? So you go to the next slide done, you know, aside from technology, the number one thing for the analysts of the future is being able to focus on higher value business initiatives. So it's not just giving those analysts the ability to do this self service dragon drop data prep and blend and analytics, but also what are the the common problems that we've solved as a community? We have 150,000 people in the alter its community. We've been in business for over 23 years, so you could go toe this gallery and not only get things like the thought spot tools that we have to connect so you can do direct query through T Q l and pushed it into thought spot in Falcon memory and other things. But look at things like the example here is the healthcare District, where we have some of our third party partners that have built out templates and solutions around predictive staffing and tracking the complicating conditions around Cove. It as an example on different KPs that you might have in healthcare, environment and retail, you know, over 150 different solution templates, tens of thousands of different posts across different industries, custom return and other problems that we can solve, and bringing that to the community that help up level, that collective knowledge, that we have this business analyst to solve business problems and not just move data, and then finally, you know, as part of that community, part of my role in all tricks is not only working with partners like thought spot, but I also share our C suite advisory board, which we just happen to have this morning, as a matter of fact, and the number one thing we heard and discussed at that customer advisory board is a round up Skilling, particularly in this virtual world where you can't do in classroom learning how do we game if I and give additional skills to our staff so that they can digitize and automate more and more analytic processes in their organization? I won't go through all this, but we do have learning paths for both beginners. A swell as advanced people that want to get more into the data science world. And we've also given back to our community. There's an initiative called Adapt where we've essentially donated 125 hours of free training free access to our products. Within the first two weeks, we've had over 9000 people participate in that get certified across 100 different companies and then get jobs in this new world where they've got additional skills now around analytics. So I encourage you to check that out, learn what all tricks could do for you in up Skilling your journey becoming that analysts of the future And thanks for having me today thoughts fun looking forward to the rest of conversation with the Azmin. >>Yeah, thanks. I'm gonna jump in real quick here because you just mentioned something that again as an analyst, is incredibly important. That's, you know, empowering Mia's an analyst to answer those more sophisticated business questions. There's a few things that you touched on that would be my personal top three. Right? Is an analyst. You talked about data cleansing because everyone has data quality problems enhancing the data sets. I came from a supply chain analytics background. So things like using Dun and Bradstreet in your examples at risk profiles to my supplier data and, of course, predictive analytics, like creating a forecast to estimate future demand. These are things that I think is an analyst. I could truly provide additional value. I'd like to show you a quick example, if I may, of the type of ad hoc request that I would often get from the business. And it's fairly complex, but with a combination of all tricks and thought spots very easy to answer. Crest. The request would look something like this. I'd like to see my spend this year versus last year to date. Uh, maybe look at that monthly for Onley, my area of responsibility. But I only want to focus on my top five suppliers from this year, right? And that's like an end statement. I saw that in one of your slides and so in thoughts about that's answering or asking a simple question, you're getting the answer in maybe 30 seconds. And that's because behind the scenes, the last part is answering those complexities for you. And if I were to have to write this out in sequel is an analyst, it could take me upwards, maybe oven our because I've got to get into the right environment in the database and think about the filters and the time stamps, and there's a lot going on. So again, thoughts about removes that curiosity tax, which when becoming the analysts of the future again, if I don't have to focus on the small details that allows me to focus on higher value business initiatives, right. And I want to empower the business users to ask and answer their own questions. That does come with up Skilling, the business users as well, by improving data fluency through education and to expand on this idea. I wanna invite Yasmin from Comcast to kind of tell her personal story. A zit relates to analysts of the future inside Comcast. >>Well, thank you for having me. It's such a pleasure. And Steve, thank you so much for starting and setting the groundwork for this amazing conversation. You hit the nail on the head. I mean, data is a Trojan horse off analytics, and our ability to generate that inside is eyes busy is anchored on how well we can understand the data on get the data clean It and tools, like all tricks, are definitely at the forefront off ability to accelerate the I'll speak to incite, which is what hot spot brings to the table. Eso My story with Thought spot started about a year and a half ago as I'm part of the Sales Analytics team that Comcast all group is officially named, uh, compensation strategy and insight. We are part of the Consumer Service, uh, Consumer Service expected Consumer Service group in the cell of Residential Sales Organization, and we were created to provide insight to the Comcast sells channel leaders Thio make sure that they have database insight to drive sales performance, increased revenue. We When we started the function, we were really doing a lot of data wrangling, right? It wasn't just a self performance. It waas understanding who are customers were pulling a data on productivity. Uh, so we were going into HR systems are really going doing the E T l process, but manually sometimes. And we took a pause at one point because we realized that we're spending a good 70% of our time just doing that and maybe 5% of our time storytelling. Now our strength was the storytelling. And so you see how that balance wasn't really there. And eso Jim, my leader pause. It pulls the challenge of Is there a better way of doing this on DSO? We scan the industry, and that's how we came across that spot. And the first time I saw the tool, I fell in love. There's not a way for me to describe it. I fell in love because I love the I love the the innovation that it brought in terms of removing the middleman off, having to create all these layers between the data and me. I want to touch the data. I want to feel it, and I want to ask questions directly to it, and that's what that's what does for us. So when we launched when we launch thoughts about for our team, we immediately saw the difference in our ability to provide our stakeholders with better answers faster. And the combination of the two makes us actually quite dangerous right on. But it has been It has been a great great journey altogether are inter plantation was done on the cloud because at the time, uh, the the we had access to AWS account and I love to be at the edge of technology, So I figured it would be a good excuse for me to learn more about cloud technology on its been things. Video has been a great journey. Um, my, my background, uh, into analytics comes from science. And so, for me, uh, you know, we are really just stretching the surface off. What is possible in terms off the how well remind data to answer business questions on Do you know, tools like thought spot in combination with technologies. Like all trades, eyes really are really the way to go about it. And the up skilling, um the up skilling off the analysts that comes with it is really, really, really exciting because people who love data want to be able to, um want to be efficient about how they spend time with data. Andi and that's what? That's what I spend a lot of my Korea I'd Comcast and before Comcast doing so It gives me a lot of ah, a lot of pleasure to, um to bring that to my organization and to walk with colleagues outside off. We didn't Comcast to do so The way we the way we use stops, that's what we did not seem is varies. One of the things that I'm really excited about is integrating it with all the tools that we have in our analytics portfolio, and and I think about it as the over the top strategy. Right. Uh, group, like many other groups, wouldn't Comcast and with our organizations also used to be I tools. And it is not, um, you choose on a mutually exclusive strategies, right? Eso In our world, we build decision making, uh, decision making tools from the analysis that we generate. When we have the read out with the cells channel leaders, we we talk about the insight, and invariably there's some components off those insight that they want to see on a regular basis. That becomes a reporting activity. We're not in a reporting team. We partner with reporting team for them to think that input and and and put it on and create a regular cadence for it. Uh, the over the top strategy for me is, um, are working with the reporting team to then embed the link to talk spot within the report so that the questions that can be answered by the reports left dashboard are answered within the dashboard. But we make sure that we replicate the data source that feeds that report into thought spot so that the additional questions can then be insert in that spot. It and it works really well because it creates a great collaboration with our partners on the on the reporting side of the house on it also helps of our end the end users do the cell service in along the analytic spectrum, right? You go to the report when you can, when all you need is dropped down the filters and when the questions become more sophisticated, you still have a platform in the place to go to ask the questions directly and do things that are a bit funk here, like, you know, use for like you because you don't know what you're looking for. But you know that there's there's something there to find. >>Yeah, so yeah, I mean, a quick question. Our think would be on this year's analytics meet Cloud open for everyone and your experience. What does that mean to you? Including in the context of the thought spot community inside Comcast? >>Oh yes, it's the Comcast community. The passport commedia Comcast is very vibrant. My peers are actually our colleagues, who I have in my analytics village prior to us getting on board with hot spot and has been a great experience for us. So have thoughts, but as an additional kind of topic Thio to connect on. So my team was the second at Comcast to implement that spot. The first waas, the product team led by Skylar, and he did his instance on Prem. Um, he the way that he brings his data is, is through a sequel server. When I came what, as I mentioned earlier, I went on the cloud because, as I mentioned earlier, I like to be on the edge of technology and at the time thought spot was moving towards towards the cloud. So I wanted to be part of that wave. There's Ah, mobile team has a new instance that is on the cloud thing. The of the compliance team uses all tricks, right? And the S O that that community to me is really how the intellectual capital that we're building, uh, using thought spot is really, really growing on by what happens to me. And the power of being on the cloud is that if we are all using the same tool, right and we are all kind of bringing our data together, um, we are collaborating in ways that make the answer to the business questions that the C suite is asking much better, much richer. They don't always come to us at the same time, right? Each function has his own analytics group, Andi. Sometimes if we are not careful, we're working silo. But the community allows us to know about what each other are working on. And the fact that we're using the same tool creates a common language that translates into opportunities for collaboration, which will translate into, as I mentioned earlier, richer better on what comprehensive answers to the business. So analyst Nick the cloud means better, better business and better business answers and and better experiences for customers at the end of the day, so I'm all for it. >>That's great. Yeah. Comcast is obviously a very large enterprise. Lots of data sources, lots of data movement. It's cool to hear that you have a bit of a hybrid architecture, er thought spot both on premise. Stand in the cloud and you did bring up one other thing that I think is an important question for Steve. Most people may just think of all tricks as an E T l tool, but I know customers like Comcast use it for way more than just that. Can you expand upon the differences between what people think of a detail tool and what all tricks is today? >>Yeah, I think of E. T L tools as sort of production class source to target mapping with transformations and data pipelines that air typically built by I t. To service, you know, major areas within the business, and that's super valuable. One doesn't go away, and in all tricks can provide some of that. But really, it's about the end user empowerment. So going back to some of guys means examples where you know there may be some new information that you receive from a third party or even a spreadsheet that you develop something on. You wanna start to play around that information so you can think of all the tricks as a data lab or data science workbench, in fact, that you know, we're in the Gartner Magic Quadrant for data science and machine learning platforms. Because a lot of that innovation is gonna happen at the individual level we're trying to solve. And over time, you might want to take that learning and then have I t production eyes it within another system. But you know, there's this trade off between the agility that end users need and sort of the governance that I t needs to bring. So we work best in a environment where you have that in user autonomy. You could do E tail workloads, data prep and Glenn bringing your own information on then work with i t. To get that into the right server based environment to scale out in the thought spot and other applications that you develop new insights for the business. So I see it is ah, two sides of the same coin. In many ways, a home. And >>with that we're gonna hand it back over to a Paula. >>Thank you, Nate, Yasmin and Steve for the insights into the journey of the analyst of the future. Next up in a couple minutes, is our third session of today with Ruhollah Benjamin, professor of African American Studies at Princeton University, and our chief data strategy officer, Cindy House, in do a couple of jumping jacks or grab a glass of water and don't miss out on the next important discussion about diversity and data.

Published Date : Dec 10 2020

SUMMARY :

and the potential career growth that comes with it. So for the first decade of my career, And it's not just the insights that you would get from thought spot, the analysts of the future again, if I don't have to focus on the small details that allows me to focus saw the difference in our ability to provide our stakeholders with better answers Including in the context of the thought spot community inside And the S O that that community to me is Stand in the cloud and you did bring up the thought spot and other applications that you develop new insights for the business. and our chief data strategy officer, Cindy House, in do a couple

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Cultivating a Data Fluent Culture | Beyond.2020 Digital


 

>>Yeah, >>yeah. Hello, everyone. And welcome to the cultivating a data slowing culture. Jack, my name is Paula Johnson. I'm thought Spots head of community, and I am so excited to be your host heared at beyond. One of my favorite things about beyond is connecting with everyone and just feeling that buzz and energy from you all. So please don't be shy and engage in the chat. I'll be there shortly. We all know that when it comes to being fluent in a language, it's all about how do you take data in the sense and turn it into action? We've seen that in the hands of employees. Once they have access to this information, they are more engaged in their role. They're more productive, and most importantly, they're making better decisions. I think all of us want a little bit more of that, don't we? In today's track, you'll hear from expert partners and our customers and best practices that you could start applying to build that data. Fluent culture in your organization that we're seeing is powering the digital transformation across all industries will also discuss the role that the analysts of the future plays when it comes to this cultural shift and how important it is for diversity in data that helps us prevent bias at scale. To start us off our first session of the day is cultivating a data fluent culture, the essence and essentials. Our first speaker, CEO and founder of the Data Lodge, Valerie Logan. Valerie, Thank you for joining us today of passings over to you Now. >>Excellent. Thank you so much while it's so great to be here with the thought spot family. And there is nothing I would love to talk more about than data literacy and data fluency. And I >>just want to take a >>second and acknowledge I love how thought spot refers to this as data fluency and because I really see data literacy and fluency at, you know, either end of the same spectrum. And to mark that to commemorate that I have decorated the Scrabble board for today's occasion with fluency and literacy intersecting right at the center of the board. So with that, let's go ahead and get started and talking about how do you cultivate a data fluent culture? So in today's session, I am thrilled to be able to talk through Ah, few dynamics around what's >>going >>on in the market around this area. Who are the pioneers and what are they doing to drive data fluent culture? And what can you do about it? What are the best practices that you can apply to start this? This momentum and it's really a movement. So how do you want to play a part in this movement? So the market in the myths, um you know, it's 2020. We have had what I would call an unexpected awakening for the topic of data literacy and fluency. So let's just take a little trip down memory lane. So the last few years, data literacy and data fluency have been emerging as part of the chief data officer Agenda Analytics leaders have been looking at data culture, um, and the up skilling of the workforce as a key cornerstone to how do you create Ah, modern data and analytic strategy. But often this has been viewed as kind of just training or visualization or, um, a lot of focus on the upscaling side of data literacy. So there's >>been >>some great developments over the past few years with I was leading research at Gartner on this topic. There's other work around assessments and training Resource is. But if I'm if I'm really honest, they a lot of this has been somewhat viewed as academic and maybe a bit abstract. Enter the year 2020 where data literacy just got riel and it really can no longer be ignored. And the co vid pandemic has made this personal for all of us, not only in our work roles but in our personal lives, with our friends and families trying to make critical life decisions. So what I'd ask you to do is just to appreciate that this topic is no longer just a work thing. It is personal, and I think that's one of the ways you start to really crack. The culture code is how do you make this relevant to everyone in their personal lives? And unfortunately, cove it did that, and it has brought it to the forefront. But the challenge is how do you balance how do analytics leaders balance the need to up skill the workforce in the culture, with all of these competing needs around modernizing the platform and, um, driving trusted data and data governance? So that's what we'll be exploring is how to do this in parallel. So the very first thing that we need to do is start with the definition and I'd like to share with you how I framed data literacy for any industry across the globe. Which is first of all to appreciate that data literacy as a foundation capability has really been elevated now as >>an >>equivalent to people process and technology. And, you know, if you've been around a while, you know that classic trinity of people process and technology, It's the way that we have thought about how do you change an organization but with the digitization of our work, our lives, our society, you know anything from how do we consume information? How do we serve customers? Um, you know, we're walking sensors with our smartphones are worlds are digital now, and so data has been elevated as an equivalent Vector two people process and technology. And this is really why the role of the chief data officer in the analytics leader has been elevated to a C suite role. And it's also why data literacy and fluency is a workforce competency, not just for the specialist eso You know, I'm an old math major quant. So I've always kind of appreciated the role of data, but now it's prevalent to all right in work in life. So this >>is a >>mindset shift. And in addition to the mindset shift, let's look at what really makes up the elements of what does it mean to be data literate. So I like to call it the ability to read, write and communicate with data in context in both work in life and that it has two pieces. It has a vocabulary, so the vocabulary includes three basic sets of terms. So it includes data terms, obviously, so data sources, data attributes, data quality. There are analysis methods and concepts and terms. You know, it could be anything from, ah, bar Chart Thio, an advanced machine learning algorithm to the value drivers, right? The business acumen. What problems are resolving. So if you really break it down, it's those three sets of terms that make up the vocabulary. But it's not just the terms. It's also what we do with those terms and the skills and the skills. I like to refer to those as the acronym T T E a How do you think? How do you engage with others and how do you act or apply with data constructively? So hopefully that gives you a good basis for how we think about data literacy. And of course, the stronger you get in data literacy drives you towards higher degrees of data fluency. So I like to say we need to make this personal. And when we think about the different roles that we have in life and the different backgrounds that we bring, we think about the diversity and the inclusion of all people and all backgrounds. Diversity, to me is in addition to diversity of our gender identification, diversity of our racial backgrounds and histories. Diversity is also what is what is our work experience in our life experience. So one of the things I really like to do is to use this quote when talking about data literacy, which is we don't see things as they are. We see them as we are. So what we do is we create permission to say, you know what? It's okay that maybe you have some fear about this topic, or you may have some vulnerability around using, um you know, interactive dashboards. Um, you know, it's all about how we each come to this topic and how we support each other. So what I'd like to dio is just describe how we do that and the way that I like to teach that is this idea that we we foster data literacy by acknowledging that really, you learn this language, you learn this through embracing it, like learning a second language. So just take a second and think about you know what languages you speak right? And maybe maybe it's one. Maybe it's too often there's, you know, multiple. But you can embrace data literacy and fluency like it's a language, and somehow that creates permission for people to just say, you know, it's OK that I don't necessarily speak this language, but but I can try. So the way that we like to break this down and I call this SL information as a second language built off of the SL construct of English as a second language and it starts with that basic vocabulary, right? Every language has a vocabulary, and what I mentioned earlier in the definition is this idea that there are three basic sets of terms, value information and analysis. And everybody, when they're learning things like Stow have like a little pneumonic, right? So this is called the V A model, and you can take this and you can apply it to any use case. And you can welcome others into the conversation and say, You know, I really understand the V and the I, but I'm not a Kwan. I don't understand the A. So even just having this basic little triangle called the Via Model starts to create a frame for a shared conversation. But it's not just the vocabulary. It's also about the die elects. So if you are in a hospital, you talk about patient outcomes. If you are in insurance, you talk about underwriting and claims related outcomes. So the beauty of this language is there is a core construct for a vocabulary. But then it gets contextualized, and the beauty of that is, even if you're a classic business person that don't you don't think you're a data and analytics person. You bring something to the party. You bring something to this language, which is you understand the value drivers, so hopefully that's a good basis for you. But it's not just the language. It's also the constructs. How do you think? How do you interact and how do you add value? So here's a little double click of the T E. A acronym to show you it's Are you aware of context? So when you're watching the news, which could be interesting these days, are you actually stepping back and taking pause and saying E wonder what the source of that ISS? I wonder what the assumptions are or when you're in interacting with others. What is your degree of the ability? Thio? Tele Data story, Right? Do you have comfort and confidence interacting with others and then on the applying? This is at the end of the day, this is all about helping people make decisions. So when you're making a decision, are you being conscientious of the ethics right, the ethics or the potential bias in what you're looking at and what you're potentially doing? So I hope this provides you a nice frame. Just if you take nothing else away, take away the V A model as a way to think about a use case and application of data that there's different dialects. So when you're interacting with somebody, think of what dialect are they speaking? And then these three basic skill sets that were helping the workforce to up skill on. But the last thing is, um, you know, there's there's different levels of proficiency, and this is the point of literacy versus fluency. Depending on your role. Not everyone needs to speak data at the same level. So what we're trying to do is get everyone, at least to a shared level of conversational data, right? A basic level of foundation literacy. But based on your role, you will develop different degrees of fluency. The last point of treating this as a language is the idea that we don't just learn language through training. We learn language through interaction and experience. So I would encourage you. Just think about all what are all the different ways you can learn language and apply those to your relationship with data. Hopefully, that makes sense. Um, >>there's a >>few myths out there around this topic of data literacy, and I just want to do a little myth busting real quickly just so you can be on the lookout for these. So first of all data literacy is not about just about training. Training and assessments are certainly a cornerstone, however, when you think about developing a language, yeah, you can use a Rosetta Stone or one of those techniques, but that only gets you. So far. It's conversations you have. It's immersion. Eso keep in mind. It's not just about training. There are many ways to develop language. Secondly, data literacy is not just about internal structure, data and statistics. There are so many different types of data sets, audio, video, text, um, and so many different methods for synthesizing that content. So keep in mind, this isn't just about kind of classic data and methods. The third is visualization and storytelling are such a beautiful way to bring data literacy toe life. But it's not on Lee about visualization and storytelling, right? So there are different techniques. There are different methods on. We'll talk in a minute about health. Top Spot is embedding a lot of the data literacy capabilities into the environment. So it's not just about visualization and storytelling, and it's certainly not about making everybody a junior data scientist. The key is to identify, you know, if you are a call center representative. If you are a Knop orations manager, if you are the CEO, what is the appropriate profile of literacy and fluency for you? The last point and hopefully you get this by now is thistle is not just a work skill. And I think this is one of the best, um, services that we can provide to our employees is when you train an employee and help them up. Skill their data fluency. You're actually up Skilling, the household and their friends and their family because you're teaching them and then they can continue to teach. So at the >>end of >>the day, when we talk about what are the needs and drivers like, where's the return and what are the main objectives of, you know, having a C suite embrace state illiteracy as, ah program? There are primarily four key themes that come up that I hear all the time that I work with clients on Number one is This is how you help accelerate the shift to a data informed, insight driven culture. Or I actually like how thought spot refers to signals, right? So it's not even just insights. It's How do you distill all this noise right and and respond to the signals. But to do that collectively and culturally. Secondly, this is about unlocking what I call radical collaboration so well, while these terms often, sometimes they're viewed as, oh, we need to up skill the full population. This is as much about unlocking how data scientists, data engineers and business analysts collaborate. Right there is there is work to be done there, an opportunity there. The third is yes, we need to do this in the context of up Skilling for digital dexterity. So what I mean by that is data literacy and fluency is in the context of whole Siris of other up Skilling objectives. So becoming more agile understanding, process, automation, understanding, um, the broader ability, you know, ai and in Internet of things sensors, right? So this is part of a portfolio of up skilling. But at the end of the day, it comes down to comfort and confidence. If people are not comfortable with decision making in their role at their level in their those moments that matter, you won't get the kind of engagement. So this is also about fostering comfort and confidence. The last thing is, you know, you have so much data and analytics talent in your organization, and what we want to do is we want to maximize that talent. We really want to reduce dependency on reports and hey, can you can you put that together for me and really enable not just self service but democratizing that access and creating that freedom of access, but also freed up capacity. So if you're looking to build the case for a program, these air the primary four drivers that you can identify clear r A y and I call r o, I, I refer to are oh, I two ways return on investment and also risk of ignoring eso. You gotta be careful. You ignore these. They're going to come back to haunt you later. Eso Hopefully this helps you build the case. So let's take a look at what is a data literacy program. So it's one thing to say, Yeah, that sounds good, but how do you collectively and systemically start to enable this culture change? So, in pioneering data literacy programs, I like to call a data literacy program a commitment. Okay, this is an intentional commitment to up skill, the workforce in the culture, and there's really three pieces to that. The first is it has to be scoped to say we are about enabling the full potential of all associates. And sometimes some of my clients are extending that beyond the virtual walls of their organization to say S I'm working with a U. S. Federal agency. They're talking about data literacy for citizens, right, extending it outside the wall. So it's really about all your constituents on day and associates. Secondly, it is about fostering shared language and the modern data literacy abilities. The third is putting a real focus on what are the moments that matter. So with any kind of heavy change program, there's always a risk that it can. It can get very vague. So here's some examples of the moments that you're really trying to identify in the moments that matter. We do that through three things. I'll just paint those real quick. One is engagement. How do you engage with the leaders? How do you develop community and how do you drive communications? Secondly, we do that through development. We do that through language development, explicitly self paced learning and then of course, broader professional development and training. The third area enablement. This one is often overlooked in any kind of data literacy program. And this is where Thought spot is driving innovation left and right. This is about augmentation of the experience. So if we expect data literacy and data fluency to be developed Onley through training and not augmenting the experience in the environment, we will miss a huge opportunity. So thought spot one. The announcement yesterday with search assist. This is a beautiful example of how we are augmenting guided data literacy, right to support unending user in asking data rich questions and to not expect them to have to know all the forms and features is no different than how a GPS does not tell you. Latitude, longitude, a GPS tells you, Turn left, turn right. So the ability to augment that the way that thought spot does is so powerful. And one of my clients calls it data literacy by design. So how are we in designing that into the environment? And at the end of the day, the last and fourth lever of how you drive a program is you've gotta have someone orchestrating this change. So there is a is an art and a science to data literacy program development. So a couple of examples of pioneers So one pioneer nationwide building society, um, incredible work on how they are leveraging thought spot In particular, Thio have conversations with data. They are creating frictionless voyages with data, and they're using the spot I Q tool to recommend personalized insight. Right? This is an example of that enablement that I was just explaining. Second example, Red hat red hat. They like to describe this as going farther faster than with a small group of experts. They also refer to it as supporting data conversations again with that idea of language. So what's the difference between pioneers and procrastinators? Because what I'm seeing in the market right now is we've got these frontline pioneers who are driving these programs. But then there's kind of a d i Y do it yourself mentality going on. So I just wanted to share what I'm observing as this contrast. So procrastinators are kind of thinking I have no idea where they even start with us, whereas pioneers air saying, you know what, this is absolutely central. Let's figure it out procrastinators are saying. You know what? This probably isn't the right time for this program. Other things are more important and pioneers air like you know what? We don't have an option fast forward a year from now. Do we really think this is gonna organically change? This is pervasive to everything we dio procrastinators. They're saying I don't even know who to put in charge for this. And pioneers there saying this needs a lead. This needs someone focusing on it and a network of influencers. And then finally, procrastinators, They're generally going, you know, we're just gonna wing this and we'll just we'll stand up in academy. We'll put some courses together and pioneers air saying, You know what? We need to work smart. We need a launch, We need a leverage and we need to scale. So I hope that this has inspired you that, you know, there really are many ways to go forward, as FDR said, and only one way of standing still. So not taking an action is a choice. And there were, you know, it does have impact. So a couple of just quick things to wrap up one is how do you get started with the data literacy program, so I recommend seven steps. Who's your sponsor and who is the lead craft? Your case for change. Make it explicit. Developed that narrative craft a blueprint that's scalable but that has an initial plan where data literacy is part of not separate. Run some pilot workshops. These can be so fun and you can tackle the fear and vulnerability concern with really going after, Like how? How do we speak data across different diverse parts of the team. Thes are so fun. And what I find is when I teach people how to run a workshop like this, they absolutely want to repeat it and they get demand for more and more workshops launch pragmatically, right? We don't have any time or energy for big, expansive programs. Identify some quick winds, ignite the grassroots movement, low cost. There are many ways to do that. Engage the influencers right, ignite this bottom up movement and find ways to welcome all to the party. And then finally, you gotta think about scale right over time. This is a partnership with learning and development partnership with HR. This becomes the fabric of how do you onboard people. How do you sustain people? How do you develop? So the last thing I wanted to just caution you on is there's a few kind of big mistakes in this area. One is you have to be clear on what you're solving for, right? What does this really mean? What does it look like? What are the needs and drivers? Where is this being done? Well, today, to be very clear on what you're solving for secondly, language matters, right? If if that has not been clear, language is the common thread and it is the basis for literacy and fluency. Third, going it alone. If you try to tackle this and try to wing it. Google searching data literacy You will spend your time and energy, which is as precious of a currency as your money on efforts that, um, take more time. And there is a lot to be leveraged through through various partnerships and leverage of your vendor providers like thought spot. Last thing. A quick story. Um, over 100 years ago, Ford Motor Company think about think about who the worker population was in the plants. They were immigrants coming from all different countries having different native languages. What was happening in the environment in the plants is they were experiencing significant safety issues and efficiency issues. The root issue was lack of a shared language. I truly believe that we're at the same moment where we're lacking a shared language around data. So what Ford did was they created the Ford English school and they started to nurture that shared language. And I believe that that's exactly what we're doing now, right? So I couldn't I couldn't leave this picture, though, and not acknowledge. Not a lot of diversity in that room. So I know we would have more diversity now if we brought everyone together. But I just hope that this story resonates with you as the power of language as a foundation for growing literacy and fluency >>for joining us. We're actually gonna be jumping into the next section, so grab a quick water break, but don't wander too far. You definitely do not want to miss the second session of today. We're going to be exploring how to scale the impact and how to become a change agent in your organization and become that analysts of the future. So season

Published Date : Dec 10 2020

SUMMARY :

of passings over to you Now. Thank you so much while it's so great to be here with the thought spot family. and because I really see data literacy and fluency at, you know, So the market in the myths, um you know, it's 2020. and I'd like to share with you how I framed data literacy for any industry It's the way that we have thought about how do you change an organization but with So this is called the V A model, and you can take this and you can apply The key is to identify, you know, if you are a call center representative. So a couple of just quick things to wrap up one is how do you get started with the data literacy program, We're actually gonna be jumping into the next section, so grab a quick water

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Picking the Right Use Cases | Beyond.2020 Digital


 

>>Yeah, yeah. >>Welcome back, everyone. And let's get ready for session number two, which is all around picking the right use cases. We're going to take a look at how to make the most of your data driven journey through the lens of some instructive customer examples. So today we're joined by thought squads David Copay, who is a director of business value consulting like Daniel, who's a customer success manager and then engagement manager. Andrea Frisk, who not so long ago was actually a product manager. Canadian Tire, who are one of our customers. And she was responsible for the thoughts. What implementation? So we figured Who better to get involved? But yeah, let's Let's take it away, David. >>Thanks, Gina. Welcome, everybody. And Andrea Blake looking forward to this session with you. A zoo. We all know preparation early is key to success on Duin. Any project having the right team on sponsorship Thio, build and deploy. Ah, use case is critical being focused on three outcome that you have in mind both the business deliverables and then also the success criteria of how you're going to manage, uh, manage and define success. When you get there, Eyes really critical to to set you up in the right direction initially. So, Andrea, as as we mentioned, uh, you came from an organization that quite several use cases on thoughts about. So maybe you can talk us through some of those preparation steps that, yeah, that you went through and and share some insights on how folks can come prepare appropriately. >>Eso having the right team members makes such a difference. Executive support really helped the Canadian tire adoption spread. It gave the project presence and clout in leadership meetings and helped to drive change from the top down. We had clear goals and success criteria from our executive that we used to shape the go forward plan with training and frame the initial use case roadmap. One of the other key benefits over executive sponsor was that the reporting team for our initial use case rolled up by underhand. So there was a very clear directive for a rapid phase out of the old tools once thought Spot supported the same data story. And this is key because as you start to roll through use cases, you wanna realize the value. And if you're still executing the old the same time as the new. That's not gonna happen. As we expanded into areas where we were unfamiliar with the data in business utilization, we relied on the data experts and and users to inform what success would look like in the new use cases. We learned early on that those who got volunteer old and helping didn't always become the champions. That would help you drive value from the use case. Using the thoughts about it meant tables. We started to seek out users who are consistently logging in after an initial training, indicating their curiosity and appetite to learn more. We also looked for activities outside of just pin board views toe identify users that had the potential to build and guide new users as subject matter experts, not just in a data but in thought spot. This helps us find the right people to cultivate who were already excited about the potential of thought spot and could help us champion a use case. >>That's really helpful, great, great insight for someone who's been there and done that. Blake is as a customer success manager. Obviously, you approach many of the same situations, anything you'd like to add that >>I still along with the right team. My first question with any use cases. Why Why are we doing this? You've gathered all this data and now we want to use it. But But what for? When you get that initial response on Why this use case? Don't stop there. Keep asking Why keep digging? Keep digging. Keep digging. So what you're essentially trying to get at is what does the decision is that we will be made or potentially be made because of this use case. For example, let's say that we're looking at an expenses use case. What will be done with the insides gathered with this use case? Are those insights going? Thio change the expense approval process Now, Once you have that, why defined now it becomes a lot easier to define the success criteria. Success criteria they use. Face can sometimes be difficult to truly defined. But when you understand why it becomes much easier, so now you can document that success criteria. And the hard part at that point is to actually track that success over time, track the success of the use case, which is something that is easily miss but It's something that is incredibly useful to the overall initiative. >>Right measure. Measure the outcomes. You can't manage what you what? You can't what you don't measure right? As the old adage goes, and you know it's part of the business consulting team. That's really where we come in. Is helping customers really fundamentally define? How are we going to measure a success? Aziz. We move forward. Andi, I think you know, I think we've alluded to this a little bit in terms of that sort of ongoing nature of This is, you know, after the title of the session, eyes choosing the right news cases in the plural right? So it's very important to remember that this is not a single point in time event that happens once. This is a constant framework or process, because most organizations will find that there's many use cases, potentially dozens of use cases that thoughts what could be used for, and clearly you can't move forward with all of them. At the same time, eso. Another thing that our team helps customers walk through is what's the impact, the potential value, other particular use case. You know, you, Blake, you mentioned some of those outcomes, is it? Changing the expense processes it around? Reducing customer churn is an increasing speed toe insight and speak the market on defining those measurable outcomes that define the vertical axis here. The strategic importance off that use case. Um, but that's not the only dimension that you're gonna look at the East to deploy factors into that you could have the most valuable use case ever. But if it's going to take you to three years to get it implemented for various reasons, you're not really gonna start with that one, right? So the combination of east to deploy, aligned with the strategic importance or business value really gives you that road map of where to focus to prioritize on use cases. Eso again, Andrea, you've been through this, um, in your prior time at Canadian time. Maybe you can share some thoughts on how you approach that. >>Yeah. So our initial use case was a great launching platform because the merchandizing team had a huge amount across full engagement. So once we had the merchants on board, we started to plan or use case roadmap looking for other areas, and departments were thought spot had already started to spread by word of mouth and we where we felt there was a high strategic importance. As we started to scope these areas, the ease of deployment started to get more complicated. We struggled to get the right people engaged and didn't always have the top down support for resources in the new use case area. We wanted to maintain momentum with the adoption, but it was starting to feel like we were stalling out on the freeway. Then the strategic marketing team reached out and was really excited about getting into thought spot. This was an underserved team where when it came to data, they always had someone else running it for them, and they'd have to request reports and get the information in. Um, and our initial roadmap focused on the biggest impact areas where we could get the most users, and this team was not on the radar. But when we started to engage with them, we realized that this was gonna be an easy deployment. We already had the data and thought spot to support their needs, and it turned into such a great win because as a marketing team, they were so thrilled to have thought spot and to get the data when they needed it and wanted it. They continued to spread the word and let everyone know. But it also gave the project team a quick win to put some gas in the tank and keep us moving. So you want to plan your use case trajectory, but you also need to be willing to adapt to keep the momentum going. >>Yeah, no, that's a That's a really great point. So So Blake is a customer success manager. I'm sure you lived through some integration of this all the time. So any anything you wanted to add that >>Yes. So to Andrew's point, continuous delivery is key for technical folks out there were talking and agile methodology mindset versus a waterfall. So to show value, there's many different factors that air at play. You need to look at the overall business initiatives. We need to look at financial considerations. We need to look at different career objectives and also resource limitations. So when you start thinking about all those different factors, this becomes a mixture of art and science. So, for example, at the beginning of a project when thought spot is has just been purchased or whatever tool has just been purchased. You want to show immediate value to justify that purchase. So in order to show immediate value, you might want to look at a project or a use case that is tightly aligned to a business objective. Therefore, it shows value, and it has data that is ready to go without many different transformations. But as you move forward, you have to come up with a plan that is going to mix together these difficult use cases with the easier use cases and high business values cases versus the lower. So in order to do that, my most successful customers are evaluating those different business factors and putting those into place with an overall use case development plan. >>Really good feedback. That's great. Thank you. Thanks, Blake. Um, I think s a little bit of a reality check here. Right. So I think we all recognize that any technology implementation, um, is gonna have her bumps in the road. It's not gonna be smooth sailing all along the way. You know, we talk about people, process and technology. The technology wrote wrote roadblocks can be infrastructure related there could be some of the data quality issues that you're alluding to there. Like Onda, people in process fall into the sort of the cultural, uh, cultural cultural side of it. Blake, maybe you can spend a couple minutes going through. What? What if some of those bigger roadblocks that people may face on that, um, technical side on how they could both prepare for them and then address them as they come along? >>Yeah. So the most intimidating part of any business intelligence or analytics initiative is that it's going to put the data directly into the hands of the business users. And this is especially true with ocelot. So why this is intimidating is because it's going toe, lay bare and expose any data issues that exist. So this is going to lead to the most common objective that I hear to starting. Any new use case or any FBI initiative overall, which is our data isn't ready. And essentially that is fear of failure. So when data isn't ready and companies aren't ready to start these projects, what happens is to get around those data issues. There's a lot of patchwork that's happening, you know, this patchwork is necessary just to keep the wheels in motion just to keep things going. So what I mean by the patchwork is extracting the data from a source doing some manual manipulation, doing some manipulation directly within the within the database in order to satisfy those business users request. So this keeps things going, but it's not addressing the key issues that are in place now. While it's intimidating to start these initiatives, the beauty of starting these B I initiatives is it's going to force your company to address and fix these issues. And this, to me, is somewhere where thoughts what is a gigantic benefit? It's not something that we talk about necessarily or market, but thought Spot is really good at helping fix these data issues. And I say this for two reasons. One his data quality. So, with thoughts about you can run, searches directly against your most granular level data and find where those data issues exist, and now, especially with embrace, you're running it directly against the source. So thats what is going to really help you figure out those data quality issues. So as you develop a use case, we can uncover those data quality issues and address them accordingly. And second is data governance. So especially again with embrace and our cloud, our cloud structure is you are going to be bringing Companies are going to be bringing data sources from all over the place all into one source and into one logical view. And so traditionally, the problem with that is that your data and source a might be the theoretically the same data and source B. But the numbers are different. And so you have different versions of the truth. So what thoughts about helps you do is when you bring those sources together. Now you're gonna identify those issues, and now you're gonna be forced to address them. You're gonna be forced to address naming convention issues, business logic issues, which business logic translates to the technical logic toe transform that data and then also security and access. Who was actually able to see this data across these different data sources. So overall, the biggest objective eye here is our data isn't ready. But I challenge that. And I say that by taking on this initiative with thought spot, you were going to be directly addressing that issue and thoughts. What's going to help you fix it? >>Yeah, that's Ah, I'd love that observation that, you know, data quality issues. They're not gonna go away by themselves. And if thoughts, thoughts what could be part of the solution, then even better. So that's a That's a really great observation. Eso Andrea, looking at the sort of the cultural side of things the people in process, Um, what are some of the challenges that you've seen there that folks in the audience could that could learn from? >>Yeah. So think about the last time you learned a new system or tool. How long did it take you to get adjusted and get the performance you wanted from it? Maybe you hit the ground running, but maybe you still feel like you're not quite getting the most out of it. Everyone deals with change differently, and sometimes we get stuck in the change curve and never fully adapt. Companies air no different. Ah, lot of the roadblocks you may face are not only from individual struggling to get on board, but can be the result of an organizational culture that may not be used to change or managing it. Their external impacts on how we accept change such as Was there a clear message about the upcoming changes and impacts? Was there a communication channel for questions and concerns? Did individuals feel like their input was sought after and valued? Where there are multiple mediums, toe learn from was their time to learn? Organizational change is hard. And if there isn't a culture that allocates time and resources to training, then realizing success is gonna be an uphill battle. It will be harder to move people forward if they don't have the time to get comfortable and feel acclimated to the new way of doing things. Without the training and change support from the organization, you'll end up running the old and the new simultaneously, which we talked about not in our live supporting users, in both eyes going to negate that value. There were times at Canadian Tire where we really struggled to get key stakeholders engaged or to get leadership by it on the time of the resources that we're gonna be needed and committed Thio to make a use case successful. So gauging where people and the organization are in the change curve is the first step in moving them along the path towards acceptance and integration. So you'll wanna have an action plan to address the concerns and resistance and a way to solicit and channel feedback. >>Yeah, that's Zo great feedback. And I particularly like what you talked about sort of the old and the new because, you know, we've talked about success and measurement on value quite a bit in this session, and ultimately that's that's the goal, right? Is to live a Value s o. This is a framework that we found really helpful visit. Value Team is defining those success criteria really actually falls into two categories on the right hand side. Better decisions. Um, that's ultimately what you're looking to drive with thoughts about right. You're looking to get newer inside faster to be able to drive action and outcomes based on decisions that do. Maybe we're using your gut for previously on the words under that heading. They're going to change by organizations. So you know, those don't get too caught up on those, but it's really around defining, you know, one. Are those better decisions that you're looking to drive, Who what's the persona is gonna be making them one of their actually looking to accomplish when inside. So they're looking to get one of what are the actions they're going to take on those insights? And then how do we measure Thean pact of those actions that then provides us with the the foundation of a business case in our I, um, in parallel to that, it's important to remember that this use case is not just operating in a vacuum, right? Every organization has a Siri's off strategic transformational initiatives move to the cloud democratized data, etcetera. And to the extent that you can tie particular use cases into those key strategic initiatives, really elevates the importance off that use case outside of its own unique business case. In our calculation on Bazzaz several purposes, right, it raises the visibility project. It raises the visibility of the person championing project on. Do you know reality here is that every idea organization has tons of projects have taken invest in, but the ones they're gonna be more likely to invest in other ones that are tied to those strategic initiatives. So it increases the likelihood of getting the support and funding that you need to drive this forward um, that's really around defining the success success criteria upfront. Um, and >>what >>we find is a lot of organizations do that pretty well, and they've got a solid, really solid business case to move forward. But then over time, they kind of forget about that on. Do you know, a year down the line two years down the line, Maybe even, you know, three months, six months down the line. Maybe people have rotated through the business. People have come and gone, and you almost forget the benefit that you're driving, right? And so it's really important to not do that and keep an eye on and track Onda, look back and analyze and realize the value that use cases have driven on. Obviously, the structure of that and what you measure is gonna very significantly by escape. But it's really important there Thio to make sure that you're counting your success and measuring your success. Um, Andrea, I don't any any thoughts on that from from your past experience. >>Yeah, um, success will be different For each use case, 1 may be focused on reducing the time to insights in a fast competitive market, while another may be driven by a need to increase data fluency to reduce risk. The weighting of each of these criterias will shift and and the value perception should as well. Um, but one thing that we don't want to forget is to share your personal successes. So be proud of the work that you've done in the value it's created. Um, if you're a user who has taken advantage of thought spot and managed to grab a competitive edge by having faster in depth access to data, share that in your business reviews. If you're managing the adoption at your company, share your use case winds and user adoption stories. Your customer success team is here to help you articulate the value and leverage the great work being done in and because of thought spot. >>Yeah, long story short here. This benefits everybody. This is something that's easily overlooked and something that it ZZ not to do this to track adoption to define the r o I, but it benefits those benefits. Start spot benefits of customers. Everybody wins. When we do this, >>that's Ah, that's a great point. So, um, so if we talk about you know, as we wrap the session up. You know what can what can folks in the audience dio right now to start making some of this stuff happened? You know, you're Blake again, coming back to you in customer success. How have you and your role help customers take that next step and start executing on some of the things that we've talked about? >>Yeah. So to start off with, I would just say for each use case as much as possible, define the why and to find the success criteria. Just start off with those two, those two elements and over time that that process we'll get more and more refined and our goal within the CSCE or within within thoughts. But overall, not just the C s order is to enable all of our all of our customers to be able to do all these things on their own. And to be a successful, it's possible to be able to pick the right use cases to be able to execute those right use cases as effectively as possible. So we are here to help with that. CS is here to help with that. Your account executives here to help with that, we have use case workshops. We have our professional services team that can get in and help develop use cases. So lots of options available in goal. We all mutually benefit when we try to track towards thes best possible use cases. >>All right, that we're here to help. That's Ah, that's a great way. Thio, wrap up the session there. Thanks, Blake. For all of your thoughts and Andrea to hope everyone in the audience got some valuable insights here on how to choose the right news case and be successful with thoughts about, um, with that being, I'll hand it back over to you. >>Amazing. That was an awesome session. Thank you so much, guys. So our third session is up next, and we're going to be going Global s. Oh, hang on tight as we explore best practices from the extended ecosystem of cloud based analytics. >>Yeah,

Published Date : Dec 10 2020

SUMMARY :

We're going to take a look at how to make the most of your data driven journey through the lens of some instructive And Andrea Blake looking forward to this session with you. It gave the project presence and clout in leadership meetings and helped to drive Obviously, you approach many of the same situations, And the hard part at that point is to actually track look at the East to deploy factors into that you could have the most valuable use case ever. We already had the data and thought spot to support their needs, and it turned into such a great So any anything you wanted So in order to show immediate people in process fall into the sort of the cultural, uh, cultural cultural side of What's going to help you fix it? Yeah, that's Ah, I'd love that observation that, you know, data quality issues. Ah, lot of the roadblocks you may face are not only from individual struggling to get on board, And to the extent that you can tie particular use cases into those Obviously, the structure of that and what you measure is gonna very Your customer success team is here to help you This is something that's easily overlooked and something that it ZZ not to do this So, um, so if we talk about you know, And to be a successful, it's possible to be able to pick the right use cases to be thoughts about, um, with that being, I'll hand it back over to you. Thank you so much, guys.

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Evolving Your Analytics Center of Excellence | Beyond.2020 Digital


 

>>Hello, everyone, and welcome to track three off beyond. My name is being in Yemen and I am an account executive here at Thought spot based out of our London office. If the accents throwing you off I don't quite sound is British is you're expecting it because the backgrounds Australian so you can look forward to seeing my face. As we go through these next few sessions, I'm gonna be introducing the guests as well as facilitating some of the Q and A. So make sure you come and say hi in the chat with any comments, questions, thoughts that you have eso with that I mean, this whole track, as the title somewhat gives away, is really about everything that you need to know and all the tips and tricks when it comes to adoption and making sure that your thoughts what deployment is really, really successful. We're gonna be taking off everything from user training on boarding new use cases and picking the right use cases, as well as hearing from our customers who have been really successful in during this before. So with that, though, I'm really excited to introduce our first guest, Kathleen Maley. She is a senior analytics executive with over 15 years of experience in the space. And she's going to be talking to us about all her tips and tricks when it comes to making the most out of your center of excellence from obviously an analytics perspective. So with that, I'm going to pass the mic to her. But look forward to continuing the chat with you all in the chat. Come say hi. >>Thank you so much, Bina. And it is really exciting to be here today, thanks to everyone for joining. Um, I'll jump right into it. The topic of evolving your analytics center of excellence is a particular passion of mine on I'm looking forward to sharing some of my best practices with you. I started my career, is a member of an analytic sioe at Bank of America was actually ah, model developer. Um, in my most recent role at a regional bank in the Midwest, I ran an entire analytics center of excellence. Um, but I've also been on the business side running my own P and l. So I think through this combination of experiences, I really developed a unique perspective on how to most effectively establish and work with an analytic CEO. Um, this thing opportunity is really a two sided opportunity creating value from analytics. Uh, and it really requires the analytics group and the line of business Thio come together. Each has a very specific role to play in making that happen. So that's a lot of what I'll talk about today. Um, I started out just like most analysts do formally trained in statistics eso whether your data analyst or a business leader who taps into analytical talent. I want you to leave this talk today, knowing the modern definition of analytics, the purpose of a modern sioe, some best practices for a modern sioe and and then the role that each of you plays in bringing this Kuito life. So with that said, let me start by level, setting on the definition of analytics that aligns with where the discipline is headed. Um, versus where it's been historically, analytics is the discovery, interpretation and communication of meaningful patterns in data, the connective tissue between data and effective decision making within an organization. And this is a definition that I've been working under for the last, you know, 7 to 10 years of my career notice there is nothing in there about getting the data. We're at this amazing intersection of statistics and technology that effectively eliminates getting the data as a competitive advantage on this is just It's true for analysts who are thinking in terms of career progression as it is for business leaders who have to deliver results for clients and shareholders. So the definition is action oriented. It's purposeful. It's not about getting the data. It's about influencing and enabling effective decision making. Now, if you're an analyst, this can be scary because it's likely what you spend a huge amount of your time doing, so much so that it probably feels like getting the data is your job. If that's the case, then the emergence of these new automated tools might feel like your job is at risk of becoming obsolete. If you're a business leader, this should be scary because it means that other companies air shooting out in front of you not because they have better ideas, necessarily, but because they can move so much faster. According to new research from Harvard Business Review, nearly 90% of businesses say the more successful when they equipped those at the front lines with the ability to make decisions in the moment and organizations who are leading their industries and embracing these decision makers are delivering substantial business value nearly 50% reporting increased customer satisfaction, employee engagement, improve product and service quality. So, you know, there there is no doubt that speed matters on it matters more and more. Um, but if you're feeling a little bit nervous, I want you to think of it. I want you think of it a little differently. Um, you think about the movie Hidden figures. The job of the women in hidden figures was to calculate orbital trajectories, uh, to get men into space and then get them home again. And at the start of the movie, they did all the required mathematical calculations by hand. At the end of the movie, when technology eliminated the need to do those calculations by hand, the hidden figures faced essentially the same decision many of you are facing now. Do I become obsolete, or do I develop a new set of, in their case, computer science skills required to keep doing the job of getting them into space and getting them home again. The hidden figures embraced the latter. They stayed relevant on They increase their value because they were able to doom or of what really mattered. So what we're talking about here is how do we embrace the new technology that UN burdens us? And how do we up skill and change our ways of working to create a step function increase in data enabled value and the first step, really In evolving your analytics? Dewey is redefining the role of analytics from getting the data to influencing and enabling effective decision making. So if this is the role of the modern analyst, a strategic thought partner who harnesses the power of data and directs it toward achieving specific business outcomes, then let's talk about how the series in which they operate needs change to support this new purpose. Um, first, historical CEOs have primarily been about fulfilling data requests. In this scenario, C always were often formed primarily as an efficiency measure. This efficiency might have come in the form of consistency funds, ability of resource is breaking down silos, creating and building multipurpose data assets. Um, and under the getting the data scenario that's actually made a lot of sense for modern Sealy's, however, the objective is to create an organization that supports strategic business decision ing for individuals and for the enterprises the whole. So let's talk about how we do that while maintaining the progress made by historical seaweeds. It's about really extending its extending what, what we've already done the progress we've already made. So here I'll cover six primary best practices. None is a silver bullet. Each needs to fit within your own company culture. But these air major areas to consider as you evolve your analytics capabilities first and foremost always agree on the purpose and approach of your Coe. Successfully evolving yourself starts with developing strategic partnerships with the business leaders that your organization will support that the analytics see we will support. Both parties need to explicitly blocked by in to the objective and agree on a set of operating principles on bond. I think the only way to do that is just bringing people to the table, having an open and honest conversation about where you are today, where you wanna be and then agree on how you will move forward together. It's not about your organization or my organization. How do we help the business solve problems that, you know, go beyond what what we've been able to do today? So moving on While there's no single organizational model that works for everyone, I generally favor a hybrid model that includes some level of fully dedicated support. This is where I distinguish between to whom the analyst reports and for whom the analyst works. It's another concept that is important to embrace in spirit because all of the work the analyst does actually comes from the business partner. Not from at least it shouldn't come from the head of the analytic Center of excellence. Andan analysts who are fully dedicated to a line of business, have the time in the practice to develop stronger partnerships to develop domain knowledge and history on those air key ingredients to effectively solving business problems. You, you know, how can you solve a problem when you don't really understand what it is? So is the head of an analytic sioe. I'm responsible for making sure that I hire the right mix of skills that I can effectively manage the quality of my team's work product. I've got a specialized skill set that allows me to do that, Um, that there's career path that matters to analysts on all of the other things that go along with Tele management. But when it comes to doing the work, three analysts who report to me actually work for the business and creating some consistency and stability there will make them much more productive. Um, okay, so getting a bit more, more tactical, um, engagement model answers the question. Who do I go to When? And this is often a question that business partners ask of a centralized analytics function or even the hybrid model. Who do I go to win? Um, my recommendation. Make it easy for them. Create a single primary point of contact whose job is to build relationships with a specific partner set of partners to become deeply embedded in their business and strategies. So they know why the businesses solving the problems they need to solve manage the portfolio of analytical work that's being done on behalf of the partner, Onda Geun. Make it make it easy for the partner to access the entire analytics ecosystem. Think about the growing complexity of of the current analytics ecosystem. We've got automated insights Business Analytics, Predictive modeling machine learning. Um, you Sometimes the AI is emerging. Um, you also then have the functional business questions to contend with. Eso This was a big one for me and my experience in retail banking. Uh, you know, if if I'm if I'm a deposits pricing executive, which was the line of business role that I ran on, I had a question about acquisitions through the digital channel. Do I talk Thio the checking analyst, Or do I talk to the digital analyst? Um, who owns that question? Who do I go to? Eso having dedicated POC s on the flip side also helps the head of the center of excellence actually manage. The team holistically reduces the number of entry points in the complexity coming in so that there is some efficiency. So it really is a It's a win win. It helps on both sides. Significantly. Um, there are several specific operating rhythms. I recommend each acting as a as a different gear in an integrated system, and this is important. It's an integrated decision system. All of these for operating rhythms, serves a specific purpose and work together. So I recommend a business strategy session. First, UM, a portfolio management routine, an internal portfolio review and periodic leadership updates, and I'll say a little bit more about each of those. So the business strategy session is used to set top level priorities on an annual or semiannual basis. I've typically done this by running half day sessions that would include a business led deep dive on their strategy and current priorities. Again, always remembering that if I'm going to try and solve all the business problem, I need to know what the business is trying to achieve. Sometimes new requester added through this process often time, uh, previous requests or de prioritized or dropped from the list entirely. Um, one thing I wanna point out, however, is that it's the partner who decides priorities. The analyst or I can guide and make recommendations, but at the end of the day, it's up to the business leader to decide what his or her short term and long term needs and priorities are. The portfolio management routine Eyes is run by the POC, generally on a biweekly or possibly monthly basis. This is where new requests or prioritize, So it's great if we come together. It's critical if we come together once or twice a year to really think about the big rocks. But then we all go back to work, and every day a new requests are coming up. That pipeline has to be managed in an intelligent way. So this is where the key people, both the analyst and the business partners come together. Thio sort of manage what's coming in, decking it against top priorities, our priorities changing. Um, it's important, uh, Thio recognize that this routine is not a report out. This routine is really for the POC who uses it to clarify questions. Raised risks facilitate decisions, um, from his partners with his or her partner so that the work continues. So, um, it should be exactly as long as it needs to be on. Do you know it's as soon as the POC has the information he or she needs to get back to work? That's what happens. An internal portfolio review Eyes is a little bit different. This this review is internal to the analytics team and has two main functions. First, it's where the analytics team can continue to break down silos for themselves and for their partners by talking to each other about the questions they're getting in the work that they're doing. But it's also the form in which I start to challenge my team to develop a new approach of asking why the request was made. So we're evolving. We're evolving from getting the data thio enabling effective business decision ing. Um, and that's new. That's new for a lot of analysts. So, um, the internal portfolio review is a safe space toe asks toe. Ask the people who work for May who report to May why the partner made this request. What is the partner trying to solve? Okay, senior leadership updates the last of these four routines, um, less important for the day to day, but significantly important for maintaining the overall health of the SIOE. I've usually done this through some combination of email summaries, but also standing agenda items on a leadership routine. Um, for for me, it is always a shared update that my partner and I present together. We both have our names on it. I typically talk about what we learned in the data. Briefly, my partner will talk about what she is going to do with it, and very, very importantly, what it is worth. Okay, a couple more here. Prioritization happens at several levels on Dive. Alluded to this. It happens within a business unit in the Internal Portfolio review. It has to happen at times across business units. It also can and should happen enterprise wide on some frequency. So within business units, that is the easiest. Happens most frequently across business units usually comes up as a need when one leader business leader has a significant opportunity but no available baseline analytical support. For whatever reason. In that case, we might jointly approach another business leader, Havenaar Oi, based discussion about maybe borrowing a resource for some period of time. Again, It's not my decision. I don't in isolation say, Oh, good project is worth more than project. Be so owner of Project Be sorry you lose. I'm taking those. Resource is that's It's not good practice. It's not a good way of building partnerships. Um, you know that that collaboration, what is really best for the business? What is best for the enterprise, um, is an enterprise decision. It's not a me decision. Lastly, enterprise level part ization is the probably the least frequent is aided significantly by the semi annual business strategy sessions. Uh, this is the time to look enterprise wide. It all of the business opportunities that play potential R a y of each and jointly decide where to align. Resource is on a more, uh, permanent basis, if you will, to make sure that the most important, um, initiatives are properly staffed with analytical support. Oxygen funding briefly, Um, I favor a hybrid model, which I don't hear talked about in a lot of other places. So first, I think it's really critical to provide each business unit with some baseline level of analytical support that is centrally funded as part of a shared service center of excellence. And if a business leader needs additional support that can't otherwise be provided, that leader can absolutely choose to fund an incremental resource from her own budget that is fully dedicated to the initiative that is important to her business. Um, there are times when that privatization happens at an enterprise level, and the collective decision is we are not going to staff this potentially worthwhile initiative. Um, even though we know it's worthwhile and a business leader might say, You know what? I get it. I want to do it anyway. And I'm gonna find budget to make that happen, and we create that position, uh, still reporting to the center of excellence for all of the other reasons. The right higher managing the work product. But that resource is, as all resource is, works for the business leader. Um, so, uh, it is very common thinking about again. What's the value of having these resource is reports centrally but work for the business leader. It's very common Thio here. I can't get from a business leader. I can't get what I need from the analytics team. They're too busy. My work falls by the wayside. So I have to hire my own people on. My first response is have we tried putting some of these routines into place on my second is you might be right. So fund a resource that's 100% dedicated to you. But let me use my expertise to help you find the right person and manage that person successfully. Um, so at this point, I I hope you see or starting to see how these routines really work together and how these principles work together to create a higher level of operational partnership. We collectively know the purpose of a centralized Chloe. Everyone knows his or her role in doing the work, managing the work, prioritizing the use of this very valuable analytical talent. And we know where higher ordered trade offs need to be made across the enterprise, and we make sure that those decisions have and those decision makers have the information and connectivity to the work and to each other to make those trade offs. All right, now that we've established the purpose of the modern analyst and the functional framework in which they operate, I want to talk a little bit about the hard part of getting from where many individual analysts and business leaders are today, uh, to where we have the opportunity to grow in order to maintain pain and or regain that competitive advantage. There's no judgment here. It's simply an artifact. How we operate today is simply an artifact of our historical training, the technology constraints we've been under and the overall newness of Applied analytics as a distinct discipline. But now is the time to start breaking away from some of that and and really upping our game. It is hard not because any of these new skills is particularly difficult in and of themselves. But because any time you do something, um, for the first time, it's uncomfortable, and you're probably not gonna be great at it the first time or the second time you try. Keep practicing on again. This is for the analyst and for the business leader to think differently. Um, it gets easier, you know. So as a business leader when you're tempted to say, Hey, so and so I just need this data real quick and you shoot off that email pause. You know it's going to help them, and I'll get the answer quicker if I give him a little context and we have a 10 minute conversation. So if you start practicing these things, I promise you will not look back. It makes a huge difference. Um, for the analyst, become a consultant. This is the new set of skills. Uh, it isn't as simple as using layman's terms. You have to have a different conversation. You have to be willing to meet your business partner as an equal at the table. So when they say, Hey, so and so can you get me this data You're not allowed to say yes. You're definitely not is not to say no. Your reply has to be helped me understand what you're trying to achieve, so I can better meet your needs. Andi, if you don't know what the business is trying to achieve, you will never be able to help them get there. This is a must have developed project management skills. All of a sudden, you're a POC. You're in charge of keeping track of everything that's coming in. You're in charge of understanding why it's happening. You're responsible for making sure that your partner is connected across the rest of the analytics. Um, team and ecosystem that takes some project management skills. Um, be business focused, not data focused. Nobody cares what your algorithm is. I hate to break it to you. We love that stuff on. We love talking about Oh, my gosh. Look, I did this analysis, and I didn't think this is the way I was gonna approach it, and I did. I found this thing. Isn't it amazing? Those are the things you talk about internally with your team because when you're doing that, what you're doing is justifying and sort of proving the the rightness of your answer. It's not valuable to your business partner. They're not going to know what you're talking about anyway. Your job is to tell them what you found. Drawing conclusions. Historically, Analyst spent so much of their time just getting data into a power 0.50 pages of summarized data. Now the job is to study that summarized data and draw a conclusion. Summarized data doesn't explain what's happening. They're just clues to what's happening. And it's your job as the analyst to puzzle out that mystery. If a partner asked you a question stated in words, your answer should be stated in words, not summarized data. That is a new skill for some again takes practice, but it changes your ability to create value. So think about that. Your job is to put the answer on page with supporting evidence. Everything else falls in the cutting room floor, everything. Everything. Everything has to be tied to our oi. Um, you're a cost center and you know, once you become integrated with your business partner, once you're working on business initiatives, all of a sudden, this actually becomes very easy to do because you will know, uh, the business case that was put forth for that business initiative. You're part of that business case. So it becomes actually again with these routines in place with this new way of working with this new way of thinking, it's actually pretty easy to justify and to demonstrate the value that analytic springs to an organization. Andi, I think that's important. Whether or not the organization is is asking for it through formalized reporting routine Now for the business partner, understand that this is a transformation and be prepared to support it. It's ultimately about providing a higher level of support to you, but the analysts can't do it unless you agree to this new way of working. So include your partner as a member of your team. Talk to them about the problems you're trying to sell to solve. Go beyond asking for the data. Be willing and able to tie every request to an overarching business initiative on be poised for action before solution is commissioned. This is about preserving. The precious resource is you have at your disposal and you know often an extra exploratory and let it rip. Often, an exploratory analysis is required to determine the value of a solution, but the solution itself should only be built if there's a plan, staffing and funding in place to implement it. So in closing, transformation is hard. It requires learning new things. It also requires overriding deeply embedded muscle memory. The more you can approach these changes is a team knowing you won't always get it right and that you'll have to hold each other accountable for growth, the better off you'll be and the faster you will make progress together. Thanks. >>Thank you so much, Kathleen, for that great content and thank you all for joining us. Let's take a quick stretch on. Get ready for the next session. Starting in a few minutes, you'll be hearing from thought spots. David Coby, director of Business Value Consulting, and Blake Daniel, customer success manager. As they discuss putting use cases toe work for your business

Published Date : Dec 10 2020

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But look forward to continuing the chat with you all in the chat. This is for the analyst and for the business leader to think differently. Get ready for the next session.

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Breaking Down Data Silos | Beyond.2020 Digital


 

>>Yeah, yeah, >>Hello. We're back with Today's the last session in the creating engaging analytics experiences for all track breaking down data silos. A conversation with Snowflake on Western Union Earlier today, we did a few deep dives into the thought spot product with sessions on thoughts about one. Thoughts were everywhere on spot. Take you to close out this track. We're joined by industry leading experts Christian Kleinerman s VP of product at Snowflake and Tom Matzzie, Pharaoh, chief data officer at Western Union, for a thought provoking conversation on data transformation on how to avoid the pitfalls of traditional analytics. They'll be discussing in key challenges faced by organizations, why user engagement matters and looking towards the future of the industry. No Joining Thomas and Christian in conversation is Angela Cooper, vice president of customer success at Thought spot. Thank you all for being here today. We're so excited for what is what this conversation has in store. Handing it over now to Christian to kick things off. >>Hi. So, a few years ago, when when someone asked about Snowflake, the most common answer, it was like, what is snowflake and what do you do? Hopefully in the last couple off months, things have changed and and here I am showing a couple of momentum data points on, uh, where we have accomplished here it Snowflake. So we we have received Ah, a lot of attention and buzz. Recently, we were listed in the New York Stock Exchange And we even though we still think of ourselves as a small start up company, we have crossed the 2000 employees mark. More important, we count with 3 3000 plus amazing customers. And something that we obsess about is the a satisfaction of our customers. We really are working hard. The laboring technology that having a platform for better decisions, better analytics and then the promoters course off 71 depicted here is a testament of that. And last, but certainly not least about snowflake. It's very important that we know that we succeed with our partners. We know that we don't go to market by ourselves. We actually have Ah, fantastic set of partners and of course, thoughts. But it is one of our most important partners. >>Good morning. Good afternoon. Eso Amman Thomas affair on the chief kid officer here at Western Union. It's gonna be a background of a Western union and what we, uh, what we do and how we service our customers. So today we are in over 200 countries and territories worldwide. We have a 550,000 retail Asian network to service all of our customers, uh, needs from what he transfer and picking up in a depositing cash. We also have our digital transformation underway, where we now have educate abilities up and running and over 35 countries with paled options to accounts in over 120 countries. We think about our overall business and how support are over our customers and our services. It really has transformed over the past 12 months with Cove it and it's part of that We have to be able to really accelerate our transformation on a digital front to help to enable in the super those customers going forward. Eso as part of that, You know, a big, big help in a big supporter of that transformation has been snowflake and has been thought spot as part of that transformation. If you go the next to the next slide are our current, uh B I in our illegal tools right to date, uh, have been very useful up until the last one or two years. As data explodes and as as our customer needs transform and as our solutions and our time to act in our time to react in the overall market becomes faster and faster, we need to be able to basically look across our entire company, our entire organization and cross functionally to visit to leverage data leverage our insights to really basically pivot our overall business and our overall model to support our customers and our and to enable those services and products going forward. So as part of that, snowflakes been a huge part of that journey, right, allowing us to consolidate over our 30 plus data stores across the company on able to really leverage that overall data and insights to drive, uh, quick reaction right with the pivot, our business offered to enable new services and improve customer experiences going forward and then being able to use a snowflake and then being put the applications on top of that like thought spot, which allows, uh, users that are both technical and nontechnical to the go in and just, um, ask the question as if the searching on Google or Yahoo or being they can just ask any question they want and then get the results back in real time, made that business call and then really go forward through these is this larger ecosystem as a whole. It's really enabled us to really transform our business and supporter customers going forward. >>Wonderful. Thank you, Tom. Thank you, Christian, for the overview of both snowflake and Western Union. Both have big presence in Denver, which is where Tom and I are tonight. Um, I'm here. I'm the vice president of customer success for Thought spot, and I wanted to ask both of you some questions about the industry and specific things that you're facing within Western Union. So first I was hoping Christian that you could talk to me a little bit about Snowflake has thousands of customers at this point, servicing essentially located data sets. But what are you seeing? Has been the top challenges that businesses air facing and how it snowflake uniquely positioned to help. Yeah, >>so certainly the think the challenges air made. I would say that the macro challenge above everything is how to turn data into a competitive differentiator, their study after study that says companies that embrace data and insights and analytics they are outperforming their competitors. So that would be my macro challenge. Once you go into the next level, maybe I can think of three elements. The first one Tom already perfectly teed up the topic of of silence and the reality For most organizations, data is fragmented across different database systems. Even filed systems in some instances transactional databases, analytical data bases and what customers expect is to have, ah, unified experience like I am dealing with company extra company. Why? And I really don't care if behind the scenes there's 10 different teams or 100 different systems. I just want a unified experience. And the Congress is true. The opportunity to deliver personalized custom experiences is reliant on a single view of the day. The other topic that comes to mind this is the one of data governance, Um, as data becomes more important than a reorganization, understanding the constraints and security and privacy also become critical to not only advanced data capability but do it doing so responsibly and within the norms off regulation and the last one which is something court to tow our vision. We are pioneering the concept of the data cloud and the challenge that that we're addressing there is the problem around access to data, right. You can no longer as an organization think of making decisions just on your own data. But there's lots of data collaboration, data enrichment. Maybe I wanna put my data in context. And that's what we're trying to simplify and democratize access and simplify connecting to the data that improves decisions on all three fronts. Obviously, we're obsessed. That's no bling on on tearing down the silos on delivering a solution that is very focused on data governance. And for sure, the data cloud simplifies access to data. >>Wonderful. Now, I know we we really focused on those data silos is a business challenge. But Tom, going through your digital transformation journey are there specific challenges that you faced with Western Union That thought spot and snowflake have helped you overcome? >>Yeah. So? So first off fully agree what Christian just said, right? Those are absolutely, you know, problems that we faced. And we've had overcome, um, service, any company right being able to the transforming to modernize the cloud. Um, for us, one of the biggest things is being able to not just access our information, but have it in a way that it can be consumed, right? Have it in a way that it could be understood, right? Have it in a way that we can then drive business business decision points and and be able to use that information to either fix a problem that we see or better service our customers or offer a product that we're seeing right now is a miss in the marketplace to service in a underserved community or underserved, um, customer base. Also, from our standpoint, being able toe look, um um, uh and predict in forecast what's going to happen and be able to use that information and use our insights to then be proactive and thio in either, You know, be thoughtful about how do we shift our focus, or how do we then change our strategy to take advantage of that for that forecast in that position that we're seeing into the future? >>Wonderful. I've heard from many customers you could not have predicted what was going to happen to our businesses in the year 2020 with the traditional models and especially with what did you say? 30 plus different data silos. Being able to do that type of prediction across those systems must have been very, very difficult. You also mentioned going through a digital transformation at Western Union. So can you talk to me, Tom? A little bit about kind of present day? And why? Why is it important to enable your frontline knowledge workers with the right data at the right time with the right technology? >>Yeah, so? So you're spot on, by the way. But, uh, no one predicted that that we would have a pandemic that would literally consume the entire globe right And change how consumers, um uh, use and buy services and products, or how economies would either shut down or at the reopening shut down again. And then how different interests to be impacted by this? Right. So, uh, what we learned and what we were able to pivot was being able to do exactly what you just said, right. Being able to understand what's happening the date of the right time, right then being able to with the right technology with the right capabilities, understand? what's happening. I understand. Then what should our pivot be? And how should we then go focus on that pivot to go into go and transform? I think it's e. It's more than just just the front lines. Also, our executives. It's also are back office operations, right, because as you think through this, right as customers were having issues right, go into retail locations that were closed. It end of Q one Earlier, Q two. We obviously had a a large surplus right of phone calls coming into our call centers, asking for help, asking for How can we transact better? Where can we go? Right? How do we handle the operationally? Right? As we had a massive surge onto our digital platform where we were, we had 100% increase year over year in Q one and Q two. How do we make sure that our platform the technology can scale right and still provide the right S L A's and and and and the right, um uh, support to our internal customers as well as our extra customers in the future? Eso so really interesting, though, you know, on on on the front line side, our sales staff, right? And even our front line associates with our agent locations A to retail side, you know, for us, is really around. How do we best support them? So how do we partner with them to understand? You know, when a certain certain governments or certain, uh, regions were going toe lock down, how do we support them to keep them open, right. How do we make them a essential service going forward? How do we enable them? Right, the Wright systems or technology to do things a bit differently than they have in the past to adopt right with the changing times. But, you know, I'll tell you the amount of transformation in the basement we've done this year, I think you know, has a massive and actually on Lee, you know, created a larger wave for us to actually ride into the future as we can, to base to innovate, you know, in partnership with both thought spot and with the snowflake into the future. >>Absolutely. I've seen many, many a industry analyst reports talking about how companies now in 2020 have accelerated that digital transformation movement because of current day. In current time, Christian What are you seeing with the rest of the industry and other global companies about enabling data across the globe at the right time? >>Yeah, so I can't agree more with with with with what? Tom said. And he gave some very, um, compelling and very riel use cases where the timeliness of data and and and and and at the right time concept make a big difference. Right? They aske part of our data marketplace with snowflake with deliver, for example, um, up to date low ladies information on, uh, covert 19 data sets where we're infection spiking. And what were the trends? And the use case was very, very riel. Every single company was trying to make sense of the numbers. Uh, all machine learning models were sort of like, out of whack, because no trends and no patterns may make sense anymore. And it was They need to be able to join my data and my activity with this health data set and make decisions at the right time. Imagine if if the cycle to makes all these decisions waas Ah, monthlong. You would never catch up, right? And he speaks to tow a concept that it that is, um, dear, it wasa snowflake and is the lifetime value data right? The notion of ableto act on a piece of data on an event at the right time and obviously with the slow laden see it's possible, makes a big difference. And and there is no end of example. Stomach gives her all again very compelling ones. Um, there's many others, but if you're running a marketing campaign and would you want to know five minutes later that it's not working out, you're burning your daughters? Or would you want to know the next day? Or if someone is going to give you you have a subscription based business and you're going toe, for example, have a model that predicts the turn of your customer? How useful is if you find out Hey, your customer is gonna turn, but you found out two months later. Once probably you are really toe action and change the outcome. Eyes different and and and this order to manage that I'm talking about days or months are not uncommon. Many organizations today, and that's where the topic of right technology matters. Um, I love asking questions about Do you know, an organization and customers. Do you run data, transformations and ingests at two and three in the morning? And the most common answer is yes. And then you start asking why. And usually the answer is some flavor off technology made me do it and a big part of what we're trying to do, like what we're pioneering is. How about ingesting data, transforming data enriching data when the business needs it at the right time with the right timeliness? Not when the technology had cycles. So they were Scipio available, so the importance can't be overstated. There is value in in in analyzing understanding data on time, and we provide technology and platform to any of this. >>That's such a good point. Christian. We ended up on Lee doing processes and loading in the middle of the night because that's what the technology at that time would allow. You couldn't have the concurrency. You couldn't have, um, data happening all at the same time. And so wonderful point that stuff like enables. I think another piece that's interesting that you guys a hit on is that it's important to have the same user experiencing user interface at the right time. And so what I found talking to customers. And Tom what? You and I have discussed this. When you have 30 different data sets and you have a interface that's different, you have a legacy reports system. Maybe you have excel on top of another. You have thought spot on one. You have your dashboard of choice on another, those different sources in different ways. To view that data, it can all be so disjointed. And the combination of thought spot with snowflake and all the data in one place with a centralized, unified user experience just helps users take advantage off the insights that they need right at that right moment. So kind of finishing up for our last question for today I'm interested to hear about Christian will go back to you quickly about what do you see from snowflakes? Perspective is ahead. Future facing for data and analytics. >>One of the topics you just alluded toe Angela, which is the fact that many data sets are gonna be part of the processes by which we make decisions and that that's where were the experience with thoughts but a single unified search experience for a single unified. Um automatic insects, which is what's para que does That is the future, right? I I don't think that x many years from now on, and I think that that X is a small number. Organizations are going to say I had some business activity. I collected some data. I did some analysis and I have conclusions because it always has to be okay, put it in context or look at industry trends and look at other activity that can help him make more sense about my data. The example of tracking they covert are breaking is ah, timely one. But you can always say go on, put it in context with, I don't know, maybe the GDP of the country or the adoption of a platform and things like that. So I think that's ah big trend on having multiple data sets. Contributing towards better decisions towards better product experience is for better services. And, of course, Snowflake is trying to do its part, is doing its part with vision and simplify answers today and the answer on hot spot simplifying blending the interface so that would be super useful. The other big piece, of course, is, um, Predictive Analytics people Talk machine Learning and AI, which is a little bit to buzz worthy. But it is true that we have the technology to drive predictions and and do a better job of understanding behaviors off what's supposed to happen based on understanding the best and the last one. If if if I'm allowed one. Exco What's ahead for data industry, which sounds obvious, but But we're not all the way. There is both cloud the adoption and moving to the cloud as well as the topic of multi Cloud. Increasingly, I think we we finally shifted conversations from Should I go to the cloud or not? Now it's How fast do I do it? And increasingly what we hear is I may want to take the best of the different clouds and how doe I go in and and and embrace a multi cloud reality without having to learn 100 plus different services and nuances of services on on every car and this work technologies like snowflake and thoughts about that can can support a different multiple deployment are being well received by different customs, nerve fault, >>Tom industry trends, or one thing I know. Western Union is really leading in the digital transformation and in your space, What's next for Western Union? >>Yeah, so just add on Requip Thio Christian before I dive into a Western Union use case just to your point. Christian, I really see a convergence happening between how people today work or or manage their personal life, where the applications, the user experiences and the responses are at your fingertips. Easy to use don't need to learn different tools. It's just all there, right, whether you're an android user or an apple user rights, although your fingertips I ask you the same innovation and transmission happening now on the work side, where I see to your point right a convergence happening where not just that the technology teams but even the business teams. They wanna have that same feature, that same functionality, where all their insights their entire way to interact with the business with the business teams with their data with their systems with their products for their services are at their fingertips right where they can go and they can make a change on an iPad or an iPhone and instant effect. They can go change a rule. They could go and modify Uh uh, an algorithm. They can go and look at expanding their product base, and it's just there. It's instant now. This would take time, right? Because this is going to be a transformational journey right across many different industries, but it's part of that. I really see that type of instant gratification, uh, satisfaction, that type of being able to instantly get those insights. Be able thio to really, you know, do what you do on your personal life in your work life every single day. That trend is absolutely it's actually happening. And it's kind of like tag team that into what we're doing at Western Union is exactly that we are actually transforming how our business teams, uh, in our technology teams are able to interact with our customers, interact with our products, interact with our services, interact with our data and our systems instantly. Right? Perfect example that it's that spot where they could go on typing any question they want. And they instigate an answer like that that that was unheard of a year ago, at least for our business. Right being able to to to go and put in in a new rule and and have it flow through the rules engine and have an instant customer impact that's coming right. Being able to instantly change or configure a new product or service with new fee structure and launch in 15 minutes. That's coming, right? All these new transformations about how do we actually better, uh, leverage our capabilities, our products and our services to meet those customer demands instantly. That's where I see the industry going the next couple of years. >>Wonderful. Um, excited to have both of you on the panel this afternoon. So thank you so much for joining us, Christian and Tom as just a quick wrap up. I, you know, learned quite a bit about industry trends and the problems facing companies today. And from the macro view with snowflake and thousands of customers and thought spots, customers and Western Union. The underlying theme is data unity, right? No more fragmented silos, no more fragmented user experiences, but truly bringing everything together in a governed safe way for users. Toe have trust in the data to have trust in what to answer and what insight is being put in front of them. And all of this pulled together so that businesses can make those better decisions more informed and more personalized. Consumer like experiences for your customers in modern technology stacks. So again, thank you both today for joining us, and we look forward to many more conversations in the future. Thank you >>for having me very happy to be here. >>Thank you so much. >>Thanks. >>Thank you, Angela. And thank you, Tom and Christian for sharing your stories. It was really interesting to hear how the events of this year have prompted Western Union to accelerate their digital transformation with snowflake and thought spot and just reflecting on alot sessions in this track, I love seeing how we're making the search experience even easier and even more consumer like in that first session and then moving on to the second session with our customer Hayes. It was really impressive to see how quickly they'd embedded thought spot into their own MD audit product. And then, of course, we heard about Spot Ike, which is making it easier for everybody to get to the Y faster with automated insights. So I'm afraid that wraps up the sessions in this track. We've come to an end, But remember to join us for the exciting product roadmap session coming right up. And then after that, put your questions to the speakers that you've heard in Track two in I'll meet the Experts Roundtable, creating engaging analytics experiences for all. Now all that remains is for me to say thank you for joining us. We really appreciate you taking the time. I hope it's been interesting and valuable. And if it has, we'd love to pick up with you for a 1 to 1 conversation Bye for now.

Published Date : Dec 10 2020

SUMMARY :

we did a few deep dives into the thought spot product with sessions on thoughts about one. the most common answer, it was like, what is snowflake and what do you do? and as our solutions and our time to act in our time to react and I wanted to ask both of you some questions about the industry and specific things that you're facing And for sure, the data cloud simplifies access to data. that you faced with Western Union That thought spot and snowflake have helped you overcome? to either fix a problem that we see or better service our customers or offer Why is it important to enable your frontline knowledge ride into the future as we can, to base to innovate, you know, in partnership with both thought spot and with data across the globe at the right time? going to give you you have a subscription based business and you're going toe, and loading in the middle of the night because that's what the technology at that time the adoption and moving to the cloud as well as the topic of multi Cloud. in the digital transformation and in your space, What's next for Western Union? Be able thio to really, you know, do what you do on your And from the macro view with snowflake and thousands of customers for me to say thank you for joining us.

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SpotIQ | Beyond.2020 Digital


 

>>Yeah, yeah. >>Hello and welcome back. You're just in time for our third session spot. I Q amplify your insights with AI in this session will explore how AI gets you to the why of your data capturing changes and trends in the moment they happen. >>You'll >>start to understand how you can transform your data culture by making it easier for analysts to enable business users to consume insights in real time. >>You >>might think this all sounds too good to be true. Well, since seeing is believing, we're joined by thought spots. Vika Scrotum, senior product manager. Anak Shaped Mirror, principal product manager to walk you through all of this on MAWR. Over to you actually, >>Thank you. Wanna Hello, everyone. Welcome to the session. I am Action Hera, together with my colleague because today we will talk to you about how spot I Q uses a. I to generate meaningful insights for the users Before we dwell into that. Let's see why this is becoming so important. Your business and your data is growing and moving faster than ever. Data is considered the new oil Howard. Only those will benefit who can extract value of it. The data used in most of your organization's is just the tip of the iceberg beneath the tip of the iceberg. What you don't see or what you don't know to ask. That makes the difference in this data driven world. Let's learn how one can extract maximum value of the data to make smarter business decisions. We believe that analytics should require less input while producing more output with higher quality in a traditional approach. To be honest, users generally depend on somebody else to create data models, complex data queries to get answers to their pre anticipated questions. But solution like hot spot business users already have a Google like experience where they can just go and get answers to their questions. Now, if you look at other consumer applications, there are multiple of recommendation engines which are out there, which keep recommending. Which article should I read next? Which product should I buy? Which movie should I watch in a way, helping me optimized? Where should I focus my time on in a Similarly in analytics, as your data is growing, solutions must help users uncovered insights to questions which they may not ask, we believe, and a I automated insights will help users unleash the full potential off their data Across the spectrum, we see a potential in a smart, AI driven solution toe autonomously. Monitor your data and feed in relevant insights when you need them, much like a self driving car navigates our users safely to their desired destination. With this, yeah, I'm happy to introduce you to spot like you are a driven insights engine at scale, which will help you get full potential off your data like you automatically discovers, personalize and drive insights hidden in your data. So whenever you search to create answers, spot that you continues to ask a lot more questions on your behalf as it keeps drilling and related date dimensions and measures employed insights which may be of interest to you. Now you as a user can continue to ask your questions or can dig deeper into the inside, provided by spotted you Spartak. You also provides a comprehensive set of insights, which helps user get answers to their advance business questions. In a few clicks, so spotted it. You can help you detect any outlier, for example, spot that you can not only tell you which seller has the highest returns than others, but also which product that sellers selling has higher returns than other products. Or, like you can quickly detect any trends in your data and help us answer questions like how my account sign ups are trending after my targeted campaign is over. I can quickly use for, like, toe get unanswered how my open pipeline is related to my bookings amount and what's the like there. What it means is that how much time a lead will take to convert into a deal I can use partake. You, too, create multiple clusters off my all my customer base and then get answers to questions that which customer segment is buying which particular brand and what are the attributes last and the most used feature Key drivers of change spotted you helps you get answer to a question. What factors lead to the change in sales off a store in 2020 as compared to 2019? We can do all this and simple fix. That's barbecue. What is so unique about Spartak? You how it works hand in hand with our search experience, the more you search, the smarter. The spot that you get as it keeps learning from your usage behavior on generates relevant insights for you for your users. Spartak. You ensures that users can trust every insights. A generator. It broadly does this and broadly, two ways. It keeps their insights relevant by learning the underlying data model on. By incorporating the users feedback that is, users can provide feedback to the spot I Q similar to any social media back from, they can like watching sites they find useful on dislike. What insights Do not find it useful based on users. Feedback Spot like you can downgrade any insight if the users have not find it useful. In addition to that, users can dig deep into any Spartak you insight on all calculations behind it are available for a user to look and understand. The transparency in these calculations not only increases the analytical trust among the users, but also help them learn how they can use the search bar to do much more. I'm super excited to announce Partake you is now available on embrace so our automated A insights engine can run queries life and in database on these datasets so you do not need to bring your data to thoughts about as you connect your data sources. Touch Part performs full indexing value to the data you have selected, not just the headers in the material and as you run sport in Q, it optimizes and run efficient queries on your data warehouse on. I am super pleased to introduce you. This new spot like you monitor the spot that you monitor will enable all your users to keep track of their key metrics. Spartak, you monitor will not only provide them regular updates off their key metrics, but we also analyze all the underlying data on related dimensions to help them explain. What is leading to the change of a particular metric monitor will also be available on your mobile app so that you can keep track of your metrics whenever and wherever you go, because will talk for further detail about this during the demo. So now let's see Spartak in action. But before we go there, let's meet any. Amy is an analyst at a global retail about form. Amy is preparing for her quarterly sales review meeting with the management, so Amy has to report how the sales has meat performing how, what, what factors lead to the change in the sales? And if there are any other impressing insights, which everyone should off tell to the management? So but this Let's see how immigrant use part like you to prepare for the meeting. So Amy goes to that spot, chooses the sales data set for her company. But before we see how many users what I Q to prepare for the meeting. I just wanted to highlight that all this data which we're going to talk about is residing in Snowflake. >>So >>Touch Part is going to do a life query on the snowflake database on even spot. A Q analysis will run on the Snowflake databases, so we'll go back and see how you can use it. So Amy is preparing for the sales meeting for 2019. We just ended. So images right Sales 2019 on here. She has the graph of the Continent tickets, >>so >>what she does is immediately pence it >>for >>the report. She's creating Andi now. This graph is available >>there now. >>Any Monnet observed >>that >>the Q four sales is significantly higher than Q >>three, so >>you she wants to deep dive into this. So she just select these two data points and does the right click and runs particularities. So now, as we talked earlier, Spartak, you recommends which columns Spartak Things Will best explains this change >>on. >>Not only that, you can look that Spartacus automatically understood that Amy is trying toe identify what led to this change. So the change analysis we selected So now with this, >>Amy >>has a bit more business context when he realizes that she doesn't want to add these columns. So she's been using because she thinks this is too granular for the management right now. >>If >>she wants, she can add even more columns. All columns are available for her, and she can reduce columns. So now she runs 42 analysis. So while this product Unisys is running, what the system will do with the background, this part I Q will drill across all the dimensions, which any is selected and try to explain the difference, which is approximately $10 million in sales. So let's see if Amy's report is ready. Yeah, so with this, what's product you has done is protect you has drilled across all dimensions. Amy has selected and presented how the different values in these dimensions have changed. So it's product. You will not only tell you which values in these dimensions have changed the most, but also does an attribution that how much of this change has led to the overall change scenes. So here in the first inside sport accuse telling that 10 products have the largest change out of the 3 45 values and the account for 39% increase. Overall, there has been look by the prototype category. It's saying that five product types of the largest change out of the 15 values, and they account for 98.6% of total increase. And they're not saying the sailors increased their also demonstrating that in some categories the sales has actually decreased to ensure the sales has decreased. Amy finds this inside should be super useful so immediately pins this on the same pain, but she was preparing for and she's getting ready with that. Amy also wants to dig deeper into this inside. My name goes here. She sees that spot. I Q has not only calculated the change across these product types, but has also calculated person did change. So Amy immediately sorts this by wasn't did change. And then she notices that even though Sweater as a category as a prototype, was not appearing in the change analysis but has the most significant change in terms of percentage in comparison to Q two vs Q four. So she also wants to do this so she can just quickly change the title. And she can pin this insight as well under spin board for the management to look at with this done. Now, Amy, just want to go back to this sales and see if she can find anything else interesting. So now Amy has already figured out the possible causes. What led to the increase in sales? So now, for the whole of 2019, as this is also your closing, Amy looks, uh, the monthly figures for 2019, and she gets this craft now. If Amy has to understand, if there is an interesting insight, she can dig into different dimensions and figure out on her own or immigrant, just click on this product analysis. That's product immediately suggest all the dimensions and measures immigrant analyze sales by Andi many. We will run this What will happen is this barbecue system will try to identify outliers. The different trend analysis Onda cross correlation across different measures. So Amy again realizes that this is a bit too much for her. So she reduces some of these insights, which she thinks are not required for the management right now from the business context and the business meeting. And then she just immediately runs this analysis. So now, with this, Amy is hoping to get some interesting insights from Spartak, which immigrant present to her management meeting. Let's see what sport gets for her. So now the Alice is run within 10 seconds, so spot taken started analyzing. So these are the six anomaly sport like you found across different products, where their total sales are higher than the rest. He also founded Spot. I just found eight insights off different product types which has tired total sales and look across these enemy sees that oh jackets have against the highest sales across all the categories in December as well. Amy wants toe been this to the PIN board on M. It moves further now. Amy's is that it has also shown Total Country purchased their product a me thinks this is not a useful insights. Amy can get this feedback. The system and system asked, Why are you saying you don't find this useful so the system can remember? So you can also say that anomalies are obvious right now and give this feedback and the system will remember. In addition, Amy finds that the system has automatically correlated the total sales in total contrary purchase. Amy Pence this as well to the pin board. Andi. She loves this inside where she she is that not only the total sales have increased, but total quantity purchases have increased a lot more on their training, opposed as well. So she also opens this now anything. She is ready for her meeting with the management. So she just goes and shares the PIN board, which she just created with the management. And you know what happens immediately? The jacket sales category Manager Mr Tom replies back to Amy and says in the request, Any d really like this? So now we will see how Spartak you can help any educators as request doesn't mean really need to create these kind of reports every month to cater toe Tom's request. So with this, I will handle it because to take us walk us through How spot that you can cater this request. Hi, >>everyone. So analysts like Amy are always flooded with such requests from the business users and with Spot and you monitor. Amy can set up everyone who needs updates on a on a metric in just a few simple steps and enable them to drag these metrics whenever and wherever they want. And north of the metrics, they also get the corresponding change analysis on the device off their choice with hot Spot. What I give money being available on both Web and the mobile labs. So let's get started with the demo will be set up a meet and go to the search tab and creator times we start for the metrics you want to monitor, right? And please know if the charges already created is already created. All is available is, um, usually a section in a PIN board. Also dancer. Then there's no need to create a new child. She can simply then uh, right click on the chart and select moisture from the menu, which then shows, which then shows the breakdown off the metric he's going to monitor, including the measure. What it's been grouped by on what it is filtered on. Okay, and also as this is a weekly metric, all the subscribers are going to get a weekly notification for this metric had been a monthly metric. Then the notifications would have been delivered on a monthly cadence. Next she can click on, continue and go to the configure dimensions called on Page. Here A is recommending what all dimensions could best being the change in this metric, she can go ahead with default recommendation, or she can change the columns as she seems very she can click, she conflict, continue and go to the next page, which is the subscriber stage. It is added by default to the subscriber, but she can search everyone who needs update on this metric and add them on this metric by clicking confirmed, she'll see a toast message on the bottom of the page, taking on which will take a me to this page, which is a metric detail page On the top of this page, we can see the movement of the metric and how it is changing over time, 92 you can see that the Mets jacket, since number has increased by 2.5% in the week off 23rd of December has compared toa the week off 16th of December and just below e a has invaded the man is generated in sites which are readily available for consumption. Okay to discharge. Right here says that pain products have the largest change out of all the 28 values and contributes to the 88% of the total increase in the same. And this one right here is that Midwest is the larger Midwest has the largest change and accounts for 55.66% off the total increase. Now, all this goodness is also available on the mobile lab. Right? So let me just show you how business users are going to get notified on the based. On this metric, all the business users who are subscribed to this metric are going to get a regular email as well as push notifications on the mobile lab. And when the click on this, they line on a metric detail page which has all the starts, which I just showed you on the on the bed version, okay. And one cyclic on back burden. They land on this page, which is a monitor tab, and it summarizes all the metrics Which opportunity monitoring and gives them a whole gave you to stay all I want to stay on top of their businesses. Okay. Eso that folks was monitor. Now I'll search back to slaves and cover. Summarize the key takeaways. From what? That she and I just don't know. So it's part of you wanted, uh, Summit Spartak you. It automatically discovers insights and helps you unless the full potential of your data and that's what I do is comprehensive set off analysis. You can answer your advanced business question in just a few simple steps and the end speed of your time. Bring state. And with a new support for embrace, you can run sport like you on your data in your data warehouse and with spotted you monitor, you can monitor all the business metrics and not just died. We can also understand that teaching teaching drivers on those metrics on the platform of your choice. So with that, I'll hand over toe, you know. >>Thank you so much. Both of you That was fantastic. Um, I just love spot like, because it makes me look like much more of a rock star with data than I really am. So thank you guys for that fantastic presentation. Um, so we've got a couple of minutes for a couple of questions for you. The first one is for action. Um, once spot I Q generates a number of insights. Can you run spot I Q again on one of those insights? >>Yeah, As a philosophy off Spiric, you sport like you never takes the user to the dead end Spartak. You also transparently shares the calculation. So user can not only the keeper that on edit Understand how this product you inside has been calculated, but user can also run us for like you analysts is honest for data analysis as well. Which music? And continue to do not on the first level. Second level in the third level as well. >>That's cool. Thank you. Actually on then The next one is for because for spot ik monitor is it possible to edit the dimensions used for explaining the factors to change that was detected? >>Yes. It's an owner of the metric you can change the dimensions whenever you want and save them for everyone else. >>Okay, well, I think that's about all we've got time for in this session. So all that remains is for me to say a huge thank you to Because an Akshay Andi, we've got the last session of this track coming up in a few minutes. So grab a snack. Come right back and listen to an amazing customer story with Snowflake on Western Union, they're up next.

Published Date : Dec 10 2020

SUMMARY :

explore how AI gets you to the why of your data capturing changes and trends start to understand how you can transform your data culture by making it easier for analysts Anak Shaped Mirror, principal product manager to walk you through all of this on insights engine at scale, which will help you get full potential off your data like So Amy is preparing for the sales meeting for 2019. the report. as we talked earlier, Spartak, you recommends which columns Spartak Things Will So the change analysis we selected So now with this, So she's been using because she thinks this is too granular for the management right now. So now we will see how Spartak you to the search tab and creator times we start for the metrics you want to monitor, Both of you That was fantastic. keeper that on edit Understand how this product you inside has been calculated, the dimensions used for explaining the factors to change that was detected? and save them for everyone else. So all that remains is for me to say a huge thank you to Because

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ThoughtSpot Everywhere | Beyond.2020 Digital


 

>>Yeah, yeah. >>Welcome back to session, too. Thoughts about everywhere. Unlock new revenue streams with embedded search and I Today we're joined by our senior director of Global Oh am Rick Dimel, along with speakers from our thoughts about customer Hayes to discuss how thought spot is open for everyone by unlocking unprecedented value through data search in A I, you'll see how thoughts about compound analytics in your applications and hear how industry leaders are creating new revenue streams with embedded search and a I. You'll also learn how to increase app stickiness on how to create an autonomous this experience for your end users. I'm delighted to introduce our senior director of Global OPM from Phillips Spot, Rick DeMARE on then British Ramesh, chief technology officer, and Leon Roof, director of product management, both from Hayes over to you. Rick, >>Thank you so much. I appreciate it. Hi, everybody. We're here to talk to you about Fox Spot everywhere are branded version of our embedded analytics application. It really our analytics application is all about user experience. And in today's world, user experience could mean a lot of things in ux design methodologies. We want to talk about the things that make our product different from an embedded perspective. If you take a look at what product managers and product design people and engineers are doing in this space, they're looking at a couple of key themes when they design applications for us to consume. One of the key things in the marketplace today is about product led growth, where the product is actually the best marketing tool for the business, not even the sales portion or the marketing department. The product, by the word of mouth, is expanding and getting more people onto the system. Why is that important? It's important because within the first few days of any application, regardless of what it is being used binding users, 70% of those users will lose. Interest will stop coming back. Why do they stop coming back? Because there's no ah ha moment through them. To get engaged within the technology, today's technologies need to create a direct relationship with the user. There can't be a gatekeeper between the user and the products, such as marketing or sales or information. In our case. Week to to make this work, we have toe leverage learning models in leverage learning as it's called Thio. Get the user is engaged, and what that means is we have to give them capabilities they already know how to use and understand. There are too many applications on the marketplace today for for users to figure out. So if we can leverage the best of what other APS have, we can increase the usage of our systems. Because in today's world, what we don't want to do from a product perspective is lead the user to a dead end or from a product methodology. Our perspective. It's called an empty state, and in our world we do that all the time. In the embedded market place. If you look at at the embedded marketplace, it's all visualizations and dashboards, or what I call check engine lights in your application's Well, guess what happens when you hit a check engine life. You've got to call the dealer to get more information about what just took place. The same thing happens in the analytic space where we provide visualizations to users. They get an indicator, but they have to go through your gatekeepers to get access to the real value of that data. What am I looking at? Why is it important the best user experiences out on the marketplace today? They are autonomous. If we wanna leverage the true value of digital transformation, we have to allow our developers to develop, not have them, the gatekeepers to the rial, content to users want. And in today's world, with data growing at much larger and faster levels than we've ever seen. And with that shelf life or value of that data being much shorter and that data itself being much more fragmented, there's no developer or analysts that can create enough visualizations or dashboards in the world to keep the consumption or desire for these users to get access to information up to speed. Clients today require the ability to sift through this information on their own to customize their own content. And if we don't support this methodology, our users are gonna end up feeling powerless and frustrated and coming back to us. The gatekeepers of that information for more information. Loyalty, conversely, can be created when we give the users the ability toe access this information on their own. That is what product like growth is all about in thought spot, as you know we're all about search. It's simple. It's guided as we type. It gives a super fast responses, but it's also smart on the back end handling complexities, and it's really safe from a governance and as well as who gets access to what perspective it's unknown learned environment. Equally important in that learned environment is this expectation that it's not just search on music. It's actually gonna recommend content to me on the fly instantly as I try content I might not even thought of before. Just the way Spotify recommends music to us or Netflix recommends a movie. This is a expected learned behavior, and we don't want to support that so that they can get benefit and get to the ah ha moments much quicker. In the end, which consumption layer do you want to use, the one that leads you to the Dead End Street or the one that gets you to the ah ha moment quickly and easily and does it in an autonomous fashion. Needless to say, the benefits of autonomous user access are well documented today. Natural language search is the wave of the future. It is today. By 2004 75% of organizations are going to be using it. The dashboard is dead. It's no longer going to be utilized through search today, I if we can improve customer satisfaction and customer productivity, we're going to increase pretensions of our retention of our applications. And if we do that just a little bit, it's gonna have a tremendous impact to our bottom line. The way we deploy hotspots. As you know, from today's conversations in the cloud, it could be a manage class, not offering or could be software that runs in your own VPC. We've talked about that at length at this conference. We've also talked about the transformation of application delivery from a Cloud Analytics perspective at length here it beyond. But we apply those same principles to your product development. The benefits are astronomical because not only do you get architectural flexibility to scale up and scale down and right size, but your engineers will increase their productivity because their offerings, because their time and effort is not going to be spent on delivering analytics but delivering their offerings. The speed of innovation isn't gonna be released twice a year or four times a year. It's gonna It can happen on a weekly basis, so your time to market in your margins should increase significantly. At this point, I want a hand. The microphone over to Revert. Tesche was going to tell you a little bit about what they're doing. It hes for cash. >>Thanks, Rick. I just want to introduce myself to the audience. My name is Rotational. Mention the CTO Europe ace. I'm joined my today by my colleague Gillian Ruffles or doctor of product management will be demoing what we have built with thoughts about, >>um but >>just to my introduction, I'm going to talk about five key things. Talk about what we do. What hes, uh we have Really, um what we went through the select that spot with other competitors What we have built with that spot very quickly and last but not least, some lessons learned during the implementation. So just to start with what we do, uh, we're age. We are health care compliance and revenue integrity platform were a saas platform voter on AWS were very short of l A. That's it. Use it on these around 1 50 customers across the U. S. On these include large academic Medical Insight on. We have been in the compliant space for the last 30 plus years, and we were traditionally consulting company. But very recently we have people did more towards software platform model, uh, in terms off why we chose that spot. There were three business problems that I faced when I took this job last year. At age number one is, uh, should be really rapidly deliver new functionality, nor platform, and he agile because some of our product development cycles are in weeks and not months. Hey had a lot of data, which we collected traditionally from the SAS platform, and all should be really create inside stretch experience for our customers. And then the third Big one is what we saw Waas large for customers but really demanding self service capabilities. But they were really not going for the static dash boats and and curated content, but instead they wanted to really use the cell service capabilities. Thio mind the data and get some interesting answers during their questions. So they elevated around three products around these problems statements, and there were 14 reasons why we just start spot number one wars off course. The performance and speed to insights. Uh, we had around 800 to a billion robot of data and we wanted to really kind of mind the data and set up the data in seconds on not minutes and hours. We had a lot of out of the box capabilities with that spot, be it natural language search, predictive algorithms. And also the interactive visualization, which, which was which, Which gave us the agility Thio deliver these products very quickly. And then, uh, the end user experience. We just wanted to make sure that I would users can use this interface s so that they can very quickly, um, do some discovery of data and get some insights very quickly. On last but not least, talksport add a lot of robust AP ice around the platform which helped us embed tot spot into are offering. But those are the four key reasons which we went for thoughts part which we thought was, uh, missing in in the other products we evaluated performance and search, uh, the interactive visualization, the end user experience, and last but not least flexible AP ice, which we could customize into our platform in terms of what we built. We were trying to solve to $50 billion problem in health care, which is around denials. Um so every year, around 2, 50 to $300 billion are denied by players thes air claims which are submitted by providers. And we built offering, which we called it US revenue optimizer. But in plain English, what revenue optimizer does is it gives the capability tow our customers to mind that denials data s so that they can really understand why the claims were being denied. And under what category? Recent reasons. We're all the providers and quarters who are responsible for these claims, Um, that were dryland denials, how they could really do some, uh, prediction off. It is trending based on their historical denial reasons. And then last but not least, we also build some functionality in the platform where we could close the loop between insights, action and outcome that Leon will be showing where we could detect some compliance and revenue risks in the platform. On more importantly, we could, uh, take those risks, put it in a I would say, shopping card and and push it to the stakeholders to take corrective action so the revenue optimizer is something which we built in three months from concept to lunch and and that that pretty much prove the value proposition of thoughts. But while we could kind of take it the market within a short period of time Next leopard >>in terms >>off lessons learned during the implementation thes air, some of the things that came to my mind asses, we're going through this journey. The first one is, uh, focus on the use case formulation, outcomes and wishful story boarding. And that is something that hot spot that's really balance. Now you can you can focus on your business problem formulation and not really focus on your custom dash boarding and technology track, etcetera. So I think it really helped our team to focus on the versus problem, to focus on the outcomes from the problem and more importantly, really spend some time on visualizing What story are we say? Are we trying to say to our customers through revenue optimizer The second lesson learned first When we started this implementation, we did not dualistic data volume and capacity planning exercise and we learned it our way. When we are we loaded a lot of our data sets into that spot. And then Aziz were doing performance optimization. XYZ. We figured out that we had to go back and shot the infrastructure because the data volumes are growing exponentially and we did not account for it. So the biggest lesson learned This is part of your architectural er planning, exercise, always future proof your infrastructure and make sure that you work very closely with the transport engineering team. Um, to make sure that the platform can scale. Uh, the last two points are passport as a robust set of AP Ice and we were able to plug into those AP ice to seamlessly ended the top spot software into a platform. And last but not least, one thing I would like to closest as we start these projects, it's very common that the solution design we run into a lot of surprises. The one thing I should say is, along those 12 weeks, we very closely work with the thoughts, part architecture and accounting, and they were a great partner to work with us to really understand our business problem, and they were along the way to kind of government suggested, recommends and workarounds and more importantly, also, helpers put some other features and functionality which you requested in their engineering roadmap. So it's been a very successful partnership. Um, So I think the biggest take of it is please make sure that you set up your project and operating model value ember thoughts what resources and your team to make sure that they can help you as you. It's some obstacles in the projects so that you can meet your time ones. Uh, those are the key lessons learned from the implementation. And with that, I would pass this to my colleague Leon Rough was going to show you a demo off what we go. >>Thanks for Tesh. So when we were looking Thio provide this to our customer base, we knew that not everyone needed do you access or have available to them the same types of information or at the same particular level of information. And we do have different roles within RMD auto Enterprise platform. So we did, uh, minimize some roles to certain information. We drew upon a persona centric approach because we knew that those different personas had different goals and different reasons for wanting to drive into these insights, and those different personas were on three different levels. So we're looking at the executive level, which is more on the C suite. Chief Compliance Officer. We have a denial trending analyses pin board, which is more for the upper, uh, managers and also exact relatives if they're interested. And then really, um, the targeted denial analysis is more for the day to day analysts, um, the usage so that they could go in and they can really see where the trends are going and how they need to take action and launch into the auditing workflow so within the executive or review, Um, and not to mention that we were integrating and implementing this when everyone was we were focused on co vid. So as you can imagine, just without covert in the picture, our customers are concentrated on denials, and that's why they utilize our platform so they could minimize those risks and then throw in the covert factor. Um, you know, those denial dollars increase substantially over the course of spring and the summer, and we wanted to be able to give them ah, good view of the denials in aggregate as well as's we focus some curated pin boards specific to those areas that were accounting for those high developed denials. So on the Executive Overview Board, we created some banner tiles. The banner tiles are pretty much a blast of information for executives thes air, particular areas where there concentrating and their look looking at those numbers consistently so it provides them away to take a good look at that and have that quick snapshot. Um, more importantly, we did offer as I mentioned some curated pin boards so that it would give customers this turnkey access. They wouldn't necessarily have to wonder, You know, what should I be doing now on Day one, but the day one that we're providing to them these curated insights leads the curiosity and increases that curiosity so that they can go in and start creating their own. But the base curated set is a good overview of their denial dollars and those risks, and we used, um, a subject matter expert within our organization who worked in the field. So it's important to know you know what you're targeting and why you're targeting it and what's important to these personas. Um, not everyone is necessarily interests in all the same information, and you want to really hit on those critical key point to draw them and, um, and allowed them that quick access and answer those questions they may have. So in this particular example, the curated insight that we created was a monthly denial amount by functional area. And as I was mentioning being uber focused on co vid, you know, a lot of scrutiny goes back to those organizations, especially those coding and H i M departments, um, to ensure that their coding correctly, making sure that players aren't sitting on, um, those payments or denying those payments. So if I were in executive and I came in here and this was interesting to me and I want to drill down a little bit, I might say, You know, let me focus more on the functional area than I know probably is our main concern. And that's coating and h i M. And because of it hit in about the early winter. I know that those claims came in and they weren't getting paid until springtime. So that's where I start to see a spike. And what's nice is that the executive can drill down, they may have a hunch, or they can utilize any of the data attributes we made available to them from the Remittance file. So all of these data, um, attributes are related to what's being sent on the 8 35 fear familiar with the anti 8 35 file. So in particular, if I was curious and had a suspicion that these were co vid related or just want to concentrate in that area, um, we have particular flag set up. So the confirmed and suspected cases are pulling in certain diagnosis and procedure codes. And I might say 1.27 million is pretty high. Um, toe look at for that particular month, and then they have the ability to drill down even further. Maybe they want to look at a facility level or where that where that's coming from. Furthermore, on the executive level, we did take advantage of Let me stop here where, um also provided some lagged a so leg. This is important to organizations in this area because they wanna know how long does it take before they re submit a claim that was originally denied before they get paid industry benchmark is about 10 days of 10 days is a fairly good, good, um, basis to look at. And then, obviously anything over that they're going to take a little bit more scrutiny on and want to drill in and understand why that is. And again, they have that capabilities in order to drill down and really get it. Those answers that they're looking for, we also for this particular pin board. And these users thought it would be helpful to utilize the time Siri's forecasting that's made available. So again, thes executives need thio need to keep track and forecast where they're trends were going or what those numbers may look like in the future. And we thought by providing the prediction pins and we have a few prediction pins, um would give them that capability to take a look at that and be able to drill down and use that within, um, certain reporting and such for their organization. Another person, a level that I will go to is, um, Mawr on the analyst side, where those folks are utilizing, um, are auditing workflow and being in our platform, creating audits, completing audits, we have it segregated by two different areas. And this is by claim types so professional or institutional, I'm going to jump in here. And then I am going to go to present mode. So in this particular, um, in this particular view or insight, we're providing that analysts view with something that's really key and critical in their organization is denials related Thio HCC s andi. That's a condition category that kind of forecast, the risk of treatment. And, you know, if that particular patient is probably going to be seen again and have more conditions and higher costs, higher health care spending. So in this example, we're looking at the top 15 attending providers that had those HCC denials. And this is, um, critical because at this point, it really peaks in analyst curiosity. Especially, You know, they'll see providers here and then see the top 15 on the top is generating Ah, hide denial rate. Hi, denial. The dollars for those HCC's and that's a that's a real risk to the organization, because if that behavior continues, um, then those those dollars won't go down. That number won't go down so that analysts then can go in and they can drill down um, I'm going to drill down on diagnosis and then look at the diagnosis name because I have a suspicion, but I'm not exactly sure. And what's great is that they can easily do this. Change the view. Um, you know, it's showing a lot of diagnoses, but what's important is the first one is sepsis and substance is a big one. Substances something that those organizations see a lot of. And if they hover, they can see that 49.57 million, um, is attributed to that. So they may want to look further into that. They'd probably be interested in closing that loop and creating an audit. And so what allowed us to be able to do that for them is we're launching directly into our auditing workflow. So they noticed something in the carried insight. It sparked some investigation, and then they don't have to leave that insight to be able to jump into the auditing workflow and complete that. Answer that question. Okay, so now they're at the point where we've pulled back all the cases that attributed to that dollar amount that we saw on the Insight and the users launching into their auditing workflow. They have the ability Thio select be selective about what cases they wanna pull into the audit or if they were looking, um, as we saw with sepsis, they could pull in their 1600 rose, but they could take a sampling size, which is primarily what they would do. They went audit all 1600 cases, and then from this point in they're into, they're auditing workflow and they'd continue down the path. Looking at those cases they just pulled in and being able Thio finalized the audit and determine, you know, if further, um, education with that provider is needed. So that concludes the demo of how we integrated thought spot into our platform. >>Thank you, LeAnn. And thank you. Re test for taking the time to walk us through. Not only your company, but how Thought spot is helping you Power analytics for your clients. At this point, we want to open this up for a little Q and A, but we want to leave you with the fact that thought spot everywhere. Specifically, it cannot only do this for Hayes, but could do it for any company anywhere they need. Analytical applications providing these applications for their customers, their partners, providers or anybody within their network for more about this, you can see that the website attached below >>Thanks, Rick and thanks for tests and Leon that I find it just fascinating hearing what our customers are doing with our technology. And I certainly have learned 100% more about sepsis than I ever knew before this session. So thank you so much for sharing that it's really is great to see how you're taking our software and putting it into your application. So that's it for this session. But do stay tuned for the next session, which is all about getting the most out of your data and amplifying your insights. With the help of A, I will be joined by two thought spot leaders who will share their first hand experiences. So take a quick breather and come right back

Published Date : Dec 10 2020

SUMMARY :

on how to create an autonomous this experience for your end users. that so that they can get benefit and get to the ah ha moments much quicker. Mention the CTO Europe ace. to a billion robot of data and we wanted to really kind of mind the data the last two points are passport as a robust set of AP Ice and we Um, and not to mention that we were integrating and implementing this when everyone Re test for taking the time to walk us through. And I certainly have learned 100% more about sepsis than I ever knew before this session.

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Deep Dive into ThoughtSpot One | Beyond.2020 Digital


 

>>Yeah, >>yeah. Hello and welcome to this track to creating engaging analytics experiences for all. I'm Hannah Sinden Thought spots Omiya director of marketing on. I'm delighted to have you here today. A boy Have we got to show for you now? I might be a little bit biased as the host of this track, but in my humble opinion, you've come to a great place to start because this track is all about everything. Thought spot. We'll be talking about embedded search in a I thought spot one spot I. Q. We've got great speakers from both thoughts about andare customers as well as some cool product demos. But it's not all product talk. We'll be looking at how to leverage the tech to give your users a great experience. So first up is our thoughts about one deep dive. This session will be showing you how we've built on our already superb search experience to make it even easier for users across your company to get insight. We've got some great speakers who are going to be telling you about the cool stuff they've been working on to make it really fantastic and easy for non technical people to get the answers they need. So I'm really delighted to introduce Bob Baxley s VP of design and experience That thought spot on Vishal Kyocera Thought spots director of product management. So without further ado, I'll hand it over to Bob. Thanks, >>Hannah. It's great to be here with everybody today and really excited to be able to present to you thought spot one. We've been working on this for months and months and are super excited to share it before we get to the demo with Shawl, though, I just want to set things up a little bit to help people understand how we think about design here. A thought spot. The first thing is that we really try to think in terms of thought. Spot is a consumer grade product, terms what we wanted. Consumer grade you x for an analytics. And that means that for reference points rather than looking at other enterprise software companies, we tend to look at well known consumer brands like Google, YouTube and WhatsApp. We firmly believe that people are people, and it doesn't matter if they're using software for their own usage or thought are they're using software at work We wanted to have a great experience. The second piece that we were considering with thoughts about one is really what we call the desegregation of bundles. So instead of having all of your insights wraps strictly into dashboards, we want to allow users to get directly to individual answers. This is similar to what we saw in music. Were instead of you having to buy the entire album, of course, you could just buy individual songs. You see this in iTunes, Spotify and others course. Another key idea was really getting rid of gate keepers and curators and kind of changing people from owning the information, helping enable users to gather together the most important and interesting insights So you can follow curator rather than feeling like you're limited in the types of information you can get. And finally, we wanted to make search the primary way, for people are thinking about thought spot. As you'll see, we've extended search from beyond simply searching for your data toe, also searching to be able to find pin boards and answers that have been created by other people. So with that, I'll turn it over to my good friend Rachel Thio introduce more of thought, spot one and to show you a demo of the product. >>Thank you, Bob. It's a pleasure to be here to Hello, everyone. My name is Michelle and Andy, product management for Search. And I'm really, really excited to be here talking about thoughts about one our Consumer analytics experience in the Cloud. Now, for my part of the talk, we're gonna first to a high level overview of thoughts about one. Then we're going to dive into a demo, and then we're gonna close with just a few thoughts about what's coming next. So, without any today, let's get started now at thought spot. Our mission is to empower every user regardless of their expertise, to easily engage with data on make better data driven decisions. We want every user, the nurse, the neighborhood barista, the teacher, the sales person, everyone to be able to do their jobs better by using data now with thoughts about one. We've made it even more intuitive for all these business users to easily connect with the insights that are most relevant for them, and we've made it even easier for analysts to do their jobs more effectively and more efficiently. So what does thoughts about one have? There's a lot off cool new features, but they all fall into three main categories. The first main category is enhanced search capabilities. The second is a brand new homepage that's built entirely for you, and the third is powerful tools for the analysts that make them completely self service and boost their productivity. So let's see how these work Thought Spot is the pioneer for search driven analytics. We invented search so that business users can ask questions of data and create new insights. But over the years we realized that there was one key piece off functionality that was missing from our search, and that was the ability to discover insights and content that had already been created. So to clarify, our search did allow users to create new content, but we until now did not have the ability to search existing content. Now, why does that matter? Let's take an example. I am a product manager and I am always in thought spot, asking questions to better understand how are users are using the product so we can improve it now. Like me, A lot of my colleagues are doing the same thing. Ah, lot of questions that I asked have already been answered either completely are almost completely by many of my colleagues, but until now there's been no easy way for me to benefit from their work. And so I end up recreating insights that already exists, leading to redundant work that is not good for the productivity off the organization. In addition, even though our search technology is really intuitive, it does require a little bit of familiarity with the underlying data. You do need to know what metric you care about and what grouping you care about so that you can articulate your questions and create new insights. Now, if I consider in New employees product manager who joins Hotspot today and wants to ask questions, then the first time they use thought spot, they may not have that data familiarity. So we went back to the drawing board and asked ourselves, Well, how can we augment our search so that we get rid off or reduced the redundant work that I described? And in addition, empower users, even new users with very little expertise, maybe with no data familiarity, to succeed in getting answers to their questions the first time they used Hot Spot, and we're really proud and excited to announce search answers. Search answers allows users to search across existing content to get answers to their questions, and its a great compliment to search data, which allows them to search the underlying data directly to create new content. Now, with search answers were shipping in number of cool features like Answer Explainer, Personalized search Results, Answer Explorer, etcetera that make it really intuitive and powerful. And we'll see how all of these work in action in the demo. Our brand new homepage makes it easier than ever for all these business users to connect with the insights that are most relevant to them. These insights could be insights that these users already know about and want to track regularly. For example, as you can see, the monitor section at the top center of the screen thes air, the KP eyes that I may care most about, and I may want to look at them every day, and I can see them every day right here on my home page. By the way, there's a monitoring these metrics in the bankrupt these insights that I want to connect with could also be insights that I want to know more about the search experience that I just spoke about ISS seamlessly integrated into the home page. So right here from the home page, I can fire my searchers and ask whatever questions I want. Finally, and most interestingly, the homepage also allows me to connect with insights that I should know about, even if I didn't explicitly ask for them. So what's an example? If you look at the panel on the right, I can discover insights that are trending in my organization. If I look at the panel on the left, I can discover insights based on my social graph based on the people that I'm following. Now you might wonder, How do we create this personalized home page? Well, our brand new, personalized on boarding experience makes it a piece of cake as a new business user. The very first time I log into thought spot, I pay three people I want to follow and three metrics that I want to follow, and I picked these from a pool of suggestions that Ai has generated. And just like that, the new home page gets created. And let's not forget about analysts. We have a personalized on boarding experience specifically for analysts that's optimized for their needs. Now, speaking of analysts, I do want to talk about the tools that I spoke off earlier that made the analysts completely self service and greatly boost their productivity's. We want analysts to go from zero to search in less than 30 minutes, and with our with our new augmented data modeling features and thoughts about one, they can do just that. They get a guided experience where they can connect, model and visualize their data. With just a few clicks, our AI engine takes care off a number of tasks, including figuring out joints and, you know, cleaning up column names. In fact, our AI engine also helps them create a number of answers to get started quickly so that these analysts can spend their time and energy on what matters most answering the most complicated and challenging and impactful questions for the business. So I spoke about a number of different capabilities off thoughts about one, but let's not forget that they are all packaged in a delightful user experience designed by Bob and his team, and it powers really, really intuitive and powerful user flows, from personalized on boarding to searching to discover insights that already exist on that are ranked based on personalized algorithms to making refinements to these insights with a assistance to searching, to create brand new insights from scratch. And finally sharing all the insights that you find interesting with your colleagues so that it drives conversations, decisions and, most importantly, actions so that your business can improve. With that said, let's drive right into the demo for this demo. We're going to use sales data set for a company that runs a chain off retail stores selling apparel. Our user is a business user. Her name is Charlotte. She's a merchandiser, She's new to this company, and she is going to be leading the genes broader category. She's really excited about job. She wants to use data to make better decisions, so she comes to thought spot, and this is what she sees. There are three main sections on the home page that she comes to. The central section allows you to browse through items that she has access to and filter them in various ways. Based for example, on author or on tags or based on what she has favorited. The second section is this panel on the right hand side, which allows her to discover insights that are trending within her company. This is based on what other people within her company are viewing and also personalized to her. Finally, there's this search box that seamlessly integrated into the home page. Now Charlotte is really curious to learn how the business is doing. She wants to learn more about sales for the business, so she goes to the search box and searches for sales, and you can see that she's taken to a page with search results. Charlotte start scanning the search results, and she sees the first result is very relevant. It shows her what the quarterly results were for the last year, but the result that really catches her attention is regional sales. She'd love to better understand how sales are broken down by regions. Now she's interested in the search result, but she doesn't yet want to commit to clicking on it and going to that result. She wants to learn more about this result before she does that, and she could do that very easily simply by clicking anywhere on the search result card. Doing that reveals our answer. Explain our technology and you can see this information panel on the right side. It shows more details about the search results that she selected, and it also gives her an easy to understand explanation off the data that it contains. You can see that it tells her that the metrics sales it's grouped by region and splitter on last year. She can also click on this preview button to see a preview off the chart that she would see if she went to that result. It shows her that region is going to be on the X axis and sales on the Y axis. All of this seems interesting to her, and she wants to learn more. So she clicks on this result, and she's brought to this chart now. This contains the most up to date data, and she can interact with this data. Now, as she's looking at this data, she learns that Midwest is the region with the highest sales, and it has a little over $23 million in sales, and South is the region with the lowest sales, and it has about $4.24 million in sales. Now, as Charlotte is looking at this chart, she's reminded off a conversation she had with Suresh, another new hire at the company who she met at orientation just that morning. Suresh is responsible for leading a few different product categories for the Western region off the business, and she thinks that he would find this chart really useful Now she can share this chart with Suresh really easily from right here by clicking the share button. As Charlotte continues to look at this chart and understand the data, she thinks, uh, that would be great for her to understand. How do these sales numbers across regions look for just the genes product category, since that's the product category that she is going to be leading? And she can easily narrow this data to just the genes category by using her answer Explorer technology. This panel on the right hand side allows her to make the necessary refinements. Now she can do that simply by typing in the search box, or she can pick from one off the AI generated suggestions that are personalized for her now. In this case, the AI has already suggested genes as a prototype for her. So with just a single click, she can narrow the data to show sales data for just jeans broken down by region. And she can see that Midwest is still the region with the highest sales for jeans, with $1.35 million in sales. Now let's spend a minute thinking about what we just saw. This is the first time that Charlotte is using Thought spot. She does not know anything about the data sources. She doesn't know anything about measures or attributes. She doesn't know the names of the columns. And yet she could get to insights that are relevant for her really easily using a search interface that's very much like Google. And as she started interacting with search results, she started building a slightly better understanding off the underlying data. When she found an insight that she thought would be useful to a colleague offers, it was really seamless for her to share it with that colleague from where she Waas. Also, even though she's searching over content that has already been created by her colleagues in search answers. She was in no way restricted to exactly that data as we just saw. She could refine the data in an insight that she found by narrowing it. And there's other things you can do so she could interact with the data for the inside that she finds using search answers. Let's take a slightly more complex question that Charlotte may have. Let's assume she wanted to learn about sales broken down by, um, by category so that she can compare her vertical, which is jeans toe other verticals within the company. Again, she can see that the very first result that she gets is very relevant. It shows her search Sorry, sales by category for last year. But what really catches her attention about this result is the name of the author. She's thrilled to note that John, who is the author of this result, was also an instructor for one off for orientation sessions and clearly someone who has a lot of insight into the sales data at this company. Now she would love to see mawr results by John, and to do that, all she has to do is to click on his name now all of the search results are only those that have been authored by John. In fact, this whole panel at the top of the results allow her to filter her search results or sort them in different ways. By clicking on these authors filter, she can discover other authors who are reputed for the topic that she's searching for. She can also filter by tags, and she can sort these results in different ways. This whole experience off doing a search and then filtering search results easily is similar to how we use e commerce search engines in the consumer world. For example, Amazon, where you may search for a product and then filter by price range or filter by brand. For example, Let's also spend a minute talking about how do we determine relevance for these results and how they're ranked. Um, when considering relevance for these results, we consider three main categories of things. We want to first make sure that the result is in fact relevant to the question that the user is asking, and for that we look at various fields within the result. We look at the title, the author, the description, but also the technical query underpinning that result. We also want to make sure that the results are trustworthy, because we want users to be able to make business decisions based on the results that they find. And for that we look at a number of signals as well. For example, how popular that result is is one of those signals. And finally, we want to make sure the results are relevant to the users themselves. So we look at signals to personalize the result for that user. So those are all the different categories of signals that we used to determine overall ranking for a search result. You may be wondering what happens if if Charlotte asks a question for which nobody has created any answer, so no answers exist. Let's say she wants to know what the total sales of genes for last year and no one's created that well. It's really easy for her to switch from searching for answers, which is searching for content that has already been created to searching the data directly so she can create a new insight from scratch. Let's see how that works. She could just click here, and now she's in the search data in her face and for the question that I just talked about. She can just type genes sales last year. And just like that, she could get an answer to her question. The total sales for jeans last year were almost $4.6 million. As you can see, the two modes off search searching for answers and searching, the data are complementary, and it's really easy to switch from one to the other. Now we understand that some business users may not be motivated to create their own insights from scratch. Or sometimes some of these business users may have questions that are too complicated, and so they may struggle to create their own inside from scratch. Now what happens usually in these circumstances is that these users will open a ticket, which would go to the analyst team. The analyst team is usually overrun with these tickets and have trouble prioritizing them. And so we started thinking, How can we make that entire feedback loop really efficient so that analysts can have a massive impact with as little work as possible? Let me show you what we came up with. Search answers comes with this system generated dashboard that analysts can see to see analytics on the queries that business users are asking in search answers so it contains high level K P. I is like, You know how many searches there are and how many users there are. It also contains one of the most popular queries that users are asking. But most importantly, it contains information about what are popular queries where users are failing. So the number on the top right tells you that about 10% off queries in this case ended with no results. So the user clearly failed because there were no results on the table. Right below it shows you here are the top search queries for original results exist. So, for example, the highlighted row there says jean sales with the number three, which tells the analysts that last week there were three searches for the query jean sales and the resulted in no results on search answers. Now, when an analyst sees a report like this, they can use it to prioritize what kind of content they could be creating or optimizing. Now, in addition to giving them inside into queries which led to no results or zero results. This dashboard also contains reports on creatives that lead to poor results because the user did get some results but didn't click on anything, meaning that they didn't get the answer that they were looking for. Taking all these insights, analysts can better prioritize and either create or optimize their content to have maximum impact for their business users with the least amount of for. So that was the demo. As you can see with search answers, we've created a very consumer search interface that any business user can use to get the answers to their questions by leveraging data or answers that have already been created in the system by other users in their organization. In addition, we're creating tools that allow analysts toe create or optimized content that can have the highest impact for these business users. All right, so that was the demo or thoughts about one and hope you guys liked it. We're really excited about it. Now Let me just spend a minute talking about what's coming next. As I've mentioned before, we want to connect every business user with the insights that are most relevant for them, and for that we will continue to invest in Advanced AI and personalization, and some of the ways you will see it is improved relevance in ranking in recommendations in how we understand your questions across the product within search within the home page everywhere. The second team that will continue to invest in is powerful analyst tools. We talked about tools and, I assure you, tools that make the analysts more self service. We are committed to improving the analyst experience so that they can make the most off their time. An example of a tool that we're really excited about is one that allows them to bridge the vocabulary difference that this even business user asks questions. A user asked a question like revenue, but the column name for the metric in the data set its sales. Now analysts can get insights into what are the words that users air using in their questions that aren't matching anything in the data set and easily create synonyms so that that vocabulary difference gets breached. But that's just one example of how we're thinking about empowering the analysts so that with minimal work, they can amplify their impact and help their business users succeed. So there's a lot coming, and we're really excited about how we're planning to evolve thoughts about one. With all that said, Um, there's just, well, one more thing that my friend Bob wants to talk to you guys about. So back to you, Bob. >>Thanks, Michelle. It's such a great demo and so fun to see all the new work that's going on with thought. Spot one. All the happenings for the new features coming out that will be under the hood. But of course, on the design side, we're going to continue to evolve the front end as well, and this is what we're hoping to move towards. So here you'll see a new log in screen and then the new homepage. So compared to the material that you saw just a few minutes ago, you'll notice this look is much lighter. A little bit nicer use of color up in the top bar with search the features over here to allow you to switch between searching against answers at versus creating new answers, the settings and user profile controls down here and then on the search results page itself also lighter look and feel again. Mork color up in the search bar up the top. A little bit nicer treatments here. We'll continue to evolve the look and feel the product in coming months and quarters and look forward to continue to constantly improving thoughts about one Hannah back to you. >>Thanks, Bob, and thank you both for showing us the next generation of thought spot. I'd love to go a bit deeper on some of the points you touched on there. I've got a couple of questions here. Bob, how do you think about designing for consumer experience versus designing for enterprise solutions? >>Yes, I mentioned Hannah. We don't >>really try to distinguish so much between enterprise users and consumer users. It's really kind of two different context of use. But we still always think that users want some product and feature and experience that's easy to use and makes sense to them. So instead of trying to think about those is two completely different design processes I think about it may be the way Frank Lloyd Wright would approached architecture. >>Er I >>mean, in his career, he fluidly moved between residential architecture like falling water and the Robie House. But he also designed marquis buildings like the Johnson wax building. In each case, he simply looked at the requirements, thought about what was necessary for those users and designed accordingly. And that's really what we do. A thought spot. We spend time talking to customers. We spend time talking to users, and we spent a lot of time thinking through the problem and trying to solve it holistically. And it's simply a possible >>thanks, Bob. That's a beautiful analogy on one last question for you. Bischel. How frequently will you be adding features to this new experience, >>But I'm glad you asked that, Hannah, because this is something that we are really really excited about with thoughts about one being in the cloud. We want to go really, really fast. So we expect to eventually get to releasing new innovations every day. We expect that in the near future, we'll get to, you know, every month and every week, and we hope to get to everyday eventually fingers crossed on housing. That can happen. Great. Thanks, >>Michelle. And thank you, Bob. I'm so glad you could all join us this morning to hear more about thoughts about one. Stay close and get ready for the next session. which will be beginning in a few minutes. In it will be introduced to thoughts for >>everywhere are >>embedded analytics product on. We'll be hearing directly from our customers at Hayes about how they're using embedded analytics to help healthcare providers across billing compliance on revenue integrity functions. To make more informed decisions on make effective actions to avoid risk and maximize revenue. See you there.

Published Date : Dec 10 2020

SUMMARY :

I'm delighted to have you here today. It's great to be here with everybody today and really excited to be able to present to you thought spot one. And she can see that Midwest is still the region with the highest sales for jeans, So compared to the material that you saw just a few minutes ago, you'll notice this look is much lighter. I'd love to go a bit deeper on some of the points you touched on there. We don't that's easy to use and makes sense to them. In each case, he simply looked at the requirements, thought about what was necessary for those users and designed How frequently will you be adding features to this new experience, We expect that in the near future, and get ready for the next session. actions to avoid risk and maximize revenue.

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How T-Mobile is Building a Data-Driven Organization | Beyond.2020 Digital


 

>>Yeah, yeah, hello again and welcome to our last session of the day before we head to the meat. The experts roundtables how T Mobile is building a data driven organization with thought spot and whip prone. Today we'll hear how T Mobile is leaving Excel hell by enabling all employees with self service analytics so they can get instant answers on curated data. We're lucky to be closing off the day with these two speakers. Evo Benzema, manager of business intelligence services at T Mobile Netherlands, and Sanjeev Chowed Hurry, lead architect AT T Mobile, Netherlands, from Whip Chrome. Thank you both very much for being with us today, for today's session will cover how mobile telco markets have specific dynamics and what it waas that T Mobile was facing. We'll also go over the Fox spot and whip pro solution and how they address T mobile challenges. Lastly, but not least, of course, we'll cover Team Mobil's experience and learnings and takeaways that you can use in your business without further ado Evo, take us away. >>Thank you very much. Well, let's first talk a little bit about T Mobile, Netherlands. We are part off the larger deutsche Telekom Group that ISS operating in Europe and the US We are the second largest mobile phone company in the Netherlands, and we offer the full suite awful services that you expect mobile landline in A in an interactive TV. And of course, Broadbent. Um so this is what the Mobile is appreciation at at the moment, a little bit about myself. I'm already 11 years at T Mobile, which is we part being part of the furniture. In the meantime, I started out at the front line service desk employee, and that's essentially first time I came into a touch with data, and what I found is that I did not have any possibility of myself to track my performance. Eso I build something myself and here I saw that this need was there because really quickly, roughly 2020 off my employer colleagues were using us as well. This was a little bit where my efficient came from that people need to have access to data across the organization. Um, currently, after 11 years running the BR Services Department on, I'm driving this transformation now to create a data driven organization with a heavy customer focus. Our big goal. Our vision is that within two years, 8% of all our employees use data on a day to day basis to make their decisions and to improve their decision. So over, tuition Chief. Now, thank >>you. Uh, something about the proof. So we prize a global I T and business process consulting and delivery company. Uh, we have a comprehensive portfolio of services with presents, but in 61 countries and maybe 1000 plus customers. As we're speaking with Donald, keep customers Region Point of view. We primary look to help our customers in reinventing the business models with digital first approach. That's how we look at our our customers toe move to digitalization as much as possible as early as possible. Talking about myself. Oh, I have little over two decades of experience in the intelligence and tell cope landscape. Calico Industries. I have worked with most of the telcos totally of in us in India and in Europe is well now I have well known cream feed on brownfield implementation off their house on big it up platforms. At present, I'm actively working with seminal data transform initiative mentioned by evil, and we are actively participating in defining the logical and physical footprint for future architectures for criminal. I understand we are also, in addition, taking care off and two and ownership off off projects, deliveries on operations, back to you >>so a little bit over about the general telco market dynamics. It's very saturated market. Everybody has mobile phones already. It's the growth is mostly gone, and what you see is that we have a lot of trouble around customer brand loyalty. People switch around from provider to provider quite easily, and new customers are quite expensive. So our focus is always to make customer loyal and to keep them in the company. And this is where the opportunities are as well. If we increase the retention of customers or reduce what we say turned. This is where the big potential is for around to use of data, and we should not do this by only offering this to the C suite or the directors or the mark managers data. But this needs to be happening toe all employees so that they can use this to really help these customers and and services customers is situated. This that we can create his loyalty and then This is where data comes in as a big opportunity going forward. Yeah. So what are these challenges, though? What we're facing two uses the data. And this is, uh, these air massive over our big. At least let's put it like that is we have a lot of data. We create around four billion new record today in our current platforms. The problem is not everybody can use or access this data. You need quite some technical expertise to add it, or they are pre calculated into mawr aggregated dashboard. So if you have a specific question, uh, somebody on the it side on the buy side should have already prepared something so that you can get this answer. So we have a huge back lock off questions and data answers that currently we cannot answer on. People are limited because they need technical expertise to use this data. These are the challenges we're trying to solve going forward. >>Uh, so the challenge we see in the current landscape is T mobile as a civil mentioned number two telco in Europe and then actually in Netherlands. And then we have a lot of acquisitions coming in tow of the landscape. So overall complexity off technical stack increases year by year and acquisition by acquisition it put this way. So we at this time we're talking about Claudia Irureta in for Matic Uh, aws and many other a complex silo systems. We actually are integrated where we see multiple. In some cases, the data silos are also duplicated. So the challenge here is how do we look into this data? How do we present this data to business and still ensure that Ah, mhm Kelsey of the data is reliable. So in this project, what we looked at is we curated that around 10% off the data of us and made it ready for business to look at too hot spot. And this also basically help us not looking at the A larger part of the data all together in one shot. What's is going to step by step with manageable set of data, obviously manages the time also and get control on cost has. >>So what did we actually do and how we did? Did we do it? And what are we going to do going forward? Why did we chose to spot and what are we measuring to see if we're successful is is very simply, Some stuff I already alluded to is usual adoption. This needs to be a tool that is useable by everybody. Eso This is adoption. The user experience is a major key to to focus on at the beginning. Uh, but lastly, and this is just also cold hard. Fact is, it needs to save time. It needs to be faster. It needs to be smarter than the way we used to do it. So we focused first on setting up the environment with our most used and known data set within the company. The data set that is used already on the daily basis by a large group. We know what it's how it works. We know how it acts on this is what we decided to make available fire talksport this cut down the time around, uh, data modeling a lot because we had this already done so we could go right away into training users to start using this data, and this is already going on very successfully. We have now 40 heavily engaged users. We go went life less than a month ago, and we see very successful feedback on user experience. We had either yesterday, even a beautiful example off loading a new data set and and giving access to user that did not have a training for talk sport or did not know what thoughts, what Waas. And we didn't in our he was actively using this data set by building its own pin boards and asking questions already. And this shows a little bit the speed off delivery we can have with this without, um, much investments on data modeling, because that's part was already done. So our second stage is a little bit more ambitious, and this is making sure that all this information, all our information, is available for frontline uh, employees. So a customer service but also chills employees that they can have data specifically for them that make them their life easier. So this is performance KP ice. But it could also be the beautiful word that everybody always uses customer Terry, 60 fuse. But this is giving the power off, asking questions and getting answers quickly to everybody in the company. That's the big stage two after that, and this is going forward a little bit further in the future and we are not completely there yet, is we also want Thio. Really? After we set up the government's properly give the power to add your own data to our curated data sets that that's when you've talked about. And then with that, we really hope that Oh, our ambition and our plan is to bring this really to more than 800 users on a daily basis to for uses on a daily basis across our company. So this is not for only marketing or only technology or only one segment. This is really an application that we want to set in our into system that works for everybody. And this is our ambition that we will work through in these three, uh, steps. So what did we learn so far? And and Sanjeev, please out here as well, But one I already said, this is no which, which data set you start. This is something. Start with something. You know, start with something that has a wide appeal to more than one use case and make sure that you make this decision. Don't ask somebody else. You know what your company needs? The best you should be in the driver seat off this decision. And this is I would be saying really the big one because this will enable you to kickstart this really quickly going forward. Um, second, wellness and this is why we introduce are also here together is don't do this alone. Do this together with, uh I t do this together with security. Do this together with business to tackle all these little things that you don't think about yourself. Maybe security, governance, network connections and stuff like that. Make sure that you do this as a company and don't try to do this on your own, because there's also again it's removes. Is so much obstacles going forward? Um, lastly, I want to mention is make sure that you measure your success and this is people in the data domain sometimes forget to measure themselves. Way can make sure everybody else, but we forget ourselves. But really try to figure out what makes its successful for you. And we use adoption percentages, usual experience, surveys and and really calculations about time saved. We have some rough calculations that we can calculate changes thio monetary value, and this will save us millions in years. by just automating time that is now used on, uh, now to taken by people on manual work. So, do you have any to adhere? A swell You, Susan, You? >>Yeah. So I'll just pick on what you want to mention about. Partner goes live with I t and other functions. But that is a very keating, because from my point of view, you see if you can see that the data very nice and data quality is also very clear. If we have data preparing at the right level, ready to be consumed, and data quality is taken, care off this feel 30 less challenges. Uh, when the user comes and questioned the gator, those are the things which has traded Quiz it we should be sure about before we expose the data to the Children. When you're confident about your data, you are confident that the user will also get the right numbers they're looking for and the number they have. Their mind matches with what they see on the screen. And that's where you see there. >>Yeah, and that that that again helps that adoption, and that makes it so powerful. So I fully agree. >>Thank you. Eva and Sanjeev. This is the picture perfect example of how a thought spot can get up and running, even in a large, complex organization like T Mobile and Sanjay. Thank you for sharing your experience on how whip rose system integration expertise paved the way for Evo and team to realize value quickly. Alright, everyone's favorite part. Let's get to some questions. Evil will start with you. How have your skill? Data experts reacted to thought spot Is it Onley non technical people that seem to be using the tool or is it broader than that? You may be on. >>Yes, of course, that happens in the digital environment. Now this. This is an interesting question because I was a little bit afraid off the direction off our data experts and are technically skilled people that know how to work in our fight and sequel on all these things. But here I saw a lot of enthusiasm for the tool itself and and from two sides, either to use it themselves because they see it's a very easy way Thio get to data themselves, but also especially that they see this as a benefit, that it frees them up from? Well, let's say mundane questions they get every day. And and this is especially I got pleasantly surprised with their reaction on that. And I think maybe you can also say something. How? That on the i t site that was experienced. >>Well, uh, yeah, from park department of you, As you mentioned, it is changing the way business is looking at. The data, if you ask me, have taken out talkto data rather than looking at it. Uh, it is making the interactivity that that's a keyword. But I see that the gap between the technical and function folks is also diminishing, if I may say so over a period of time, because the technical folks now would be able to work with functional teams on the depth and coverage of the data, rather than making it available and looking at the technical side off it. So now they can have a a fair discussion with the functional teams on. Okay, these are refute. Other things you can look at because I know this data is available can make it usable for you, especially the time it takes for the I t. G. When graduate dashboard, Uh, that time can we utilize toe improve the quality and reliability of the data? That's yeah. See the value coming. So if you ask me to me, I see the technical people moving towards more of a technical functional role. Tools such as >>That's great. I love that saying now we can talk to data instead of just looking at it. Um Alright, Evo, I think that will finish up with one last question for you that I think you probably could speak. Thio. Given your experience, we've seen that some organizations worry about providing access to data for everyone. How do you make sure that everyone gets the same answer? >>Yes. The big data Girlfriends question thesis What I like so much about that the platform is completely online. Everything it happens online and everything is terrible. Which means, uh, in the good old days, people will do something on their laptop. Beirut at a logic to it, they were aggregated and then they put it in a power point and they will share it. But nobody knew how this happened because it all happened offline. With this approach, everything is transparent. I'm a big I love the word transparency in this. Everything is available for everybody. So you will not have a discussion anymore. About how did you get to this number or how did you get to this? So the question off getting two different answers to the same question is removed because everything happens. Transparency, online, transparent, online. And this is what I think, actually, make that question moot. Asl Long as you don't start exporting this to an offline environment to do your own thing, you are completely controlling, complete transparent. And this is why I love to share options, for example and on this is something I would really keep focusing on. Keep it online, keep it visible, keep it traceable. And there, actually, this problem then stops existing. >>Thank you, Evelyn. Cindy, That was awesome. And thank you to >>all of our presenters. I appreciate your time so much. I hope all of you at home enjoyed that as much as I did. I know a lot of you did. I was watching the chat. You know who you are. I don't think that I'm just a little bit in awe and completely inspired by where we are from a technological perspective, even outside of thoughts about it feels like we're finally at a time where we can capitalize on the promise that cloud and big data made to us so long ago. I loved getting to see Anna and James describe how you can maximize the investment both in time and money that you've already made by moving your data into a performance cloud data warehouse. It was cool to see that doubled down on with the session, with AWS seeing a direct query on Red Shift. And even with something that's has so much scale like TV shows and genres combining all of that being able to search right there Evo in Sanjiv Wow. I mean being able to combine all of those different analytics tools being able to free up these analysts who could do much more important and impactful work than just making dashboards and giving self service analytics to so many different employees. That's incredible. And then, of course, from our experts on the panel, I just think it's so fascinating to see how experts that came from industries like finance or consulting, where they saw the imperative that you needed to move to thes third party data sets enriching and organizations data. So thank you to everyone. It was fascinating. I appreciate everybody at home joining us to We're not quite done yet. Though. I'm happy to say that we after this have the product roadmap session and that we are also then going to move into hearing and being able to ask directly our speakers today and meet the expert session. So please join us for that. We'll see you there. Thank you so much again. It was really a pleasure having you.

Published Date : Dec 10 2020

SUMMARY :

takeaways that you can use in your business without further ado Evo, the Netherlands, and we offer the full suite awful services that you expect mobile landline deliveries on operations, back to you somebody on the it side on the buy side should have already prepared something so that you can get this So the challenge here is how do we look into this data? And this shows a little bit the speed off delivery we can have with this without, And that's where you see there. Yeah, and that that that again helps that adoption, and that makes it so powerful. Onley non technical people that seem to be using the tool or is it broader than that? And and this is especially I got pleasantly surprised with their But I see that the gap between I love that saying now we can talk to data instead of just looking at And this is what I think, actually, And thank you to I loved getting to see Anna and James describe how you can maximize the investment

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Unleash the Power of Your Cloud Data | Beyond.2020 Digital


 

>>Yeah, yeah. Welcome back to the third session in our building, A vibrant data ecosystem track. This session is unleash the power of your cloud data warehouse. So what comes after you've moved your data to the cloud in this session will explore White Enterprise Analytics is finally ready for the cloud, and we'll discuss how you can consume Enterprise Analytics in the very same way he would cloud services. We'll also explore where analytics meets cloud and see firsthand how thought spot is open for everyone. Let's get going. I'm happy to say we'll be hearing from two folks from thought spot today, Michael said Cassie, VP of strategic partnerships, and Vika Valentina, senior product marketing manager. And I'm very excited to welcome from our partner at AWS Gal Bar MIA, product engineering manager with Red Shift. We'll also be sharing a live demo of thought spot for BTC Marketing Analytics directly on Red Shift data. Gal, please kick us off. >>Thank you, Military. And thanks. The talks about team and everyone attending today for joining us. When we talk about data driven organizations, we hear that 85% of businesses want to be data driven. However, on Lee. 37% have been successful in We ask ourselves, Why is that and believe it or not, Ah, lot of customers tell us that they struggled with live in defining what being data driven it even means, and in particular aligning that definition between the business and the technology stakeholders. Let's talk a little bit. Let's look at our own definition. A data driven organization is an organization that harnesses data is an asset. The drive sustained innovation and create actionable insights. The super charge, the experience of their customers so they demand more. Let's focus on a few things here. One is data is an asset. Data is very much like a product needs to evolve sustained innovation. It's not just innovation innovation, it's sustained. We need to continuously innovate when it comes to data actionable insights. It's not just interesting insights these air actionable that the business can take and act upon, and obviously the actual experience we. Whether whether the customers are internal or external, we want them to request Mawr insights and as such, drive mawr innovation, and we call this the for the flywheel. We use the flywheel metaphor here where we created that data set. Okay, Our first product. Any focused on a specific use case? We build an initial NDP around that we provided with that with our customers, internal or external. They provide feedback, the request, more features. They want mawr insights that enables us to learn bringing more data and reach that actual data. And again we create MAWR insights. And as the flywheel spins faster, we improve on operational efficiencies, supporting greater data richness, and we reduce the cost of experimentation and legacy environments were never built for this kind of agility. In many cases, customers have struggled to keep momentum in their fleet, flywheel in particular around operational efficiency and experimentation. This is where Richie fits in and helps customer make the transition to a true data driven organization. Red Shift is the most widely used data warehouse with tens of thousands of customers. It allows you to analyze all your data. It is the only cloud data warehouse that sits, allows you to analyze data that sits in your data lake on Amazon, a street with no loading duplication or CTL required. It is also allows you to scale with the business with its hybrid architectures it also accelerates performance. It's a shared storage that provides the ability to scale toe unlimited concurrency. While the UN instant storage provides low late and say access to data it also provides three. Key asks that customers consistently tell us that matter the most when it comes to cost. One is usage based pricing Instead of license based pricing. Great value as you scale your data warehouse using, for example, reserved instances they can save up to 75% compared to on the mind demand prices. And as your data grows, infrequently accessed data can be stored. Cost effectively in S three encouraged through Amazon spectrum, and the third aspect is predictable. Month to month spend with no hitting charges and surprises. Unlike and unlike other cloud data warehouses, where you need premium versions for additional enterprise capabilities. Wretched spicing include building security compression and data transfer. >>Great Thanks. Scout um, eso. As you can see, everybody wins with the cloud data warehouses. Um, there's this evolution of movement of users and data and organizations to get value with these cloud data warehouses. And the key is the data has to be accessible by the users, and this data and the ability to make business decisions on the data. It ranges from users on the front line all the way up to the boardroom. So while we've seen this evolution to the Cloud Data Warehouse, as you can see from the statistic from Forrester, we're still struggling with how much of that data actually gets used for analytics. And so what is holding us back? One of the main reasons is old technology really trying to work with today's modern cloud data warehouses? They weren't built for it. So you run into issues of trying to do data replication, getting the data out of the cloud data warehouse. You can do analysis and then maintaining these middle layers of data so that you can access it quickly and get the answers you need. Another issue that's holding us back is this idea that you have to have your data in perfect shape with the perfect pipeline based on the exact dashboard unique. Um, this isn't true. Now, with Cloud data warehouse and the speed of important business data getting into those cloud data warehouses, you need a solution that allows you to access it right away without having everything to be perfect from the start, and I think this is a great opportunity for GAL and I have a little further discussion on what we're seeing in the marketplace. Um, one of the primary ones is like, What are the limiting factors, your Siegel of legacy technologies in the market when it comes to this cloud transformation we're talking about >>here? It's a great question, Michael and the variety of aspect when it comes to legacy, the other warehouses that are slowing down innovation for companies and businesses. I'll focus on 21 is performance right? We want faster insights. Companies want the ability to analyze MAWR data faster. And when it comes to on prem or legacy data warehouses, that's hard to achieve because the second aspect comes into display, which is the lack of flexibility, right. If you want to increase your capacity of your warehouse, you need to ensure request someone needs to go and bring an actual machine and install it and expand your data warehouse. When it comes to the cloud, it's literally a click of a button, which allows you to increase the capacity of your data warehouse and enable your internal and external users to perform analytics at scale and much faster. >>It falls right into the explanation you provided there, right as the speed of the data warehouses and the data gets faster and faster as it scales, older solutions aren't built toe leverage that, um, you know, they're either they're having to make technical, you know, technical cuts there, either looking at smaller amounts of data so that they can get to the data quicker. Um, or it's taking longer to get to the data when the data warehouse is ready, when it could just be live career to get the answers you need. And that's definitely an issue that we're seeing in the marketplace. I think the other one that you're looking at is things like governance, lineage, regulatory requirements. How is the cloud you know, making it easier? >>That's That's again an area where I think the cloud shines. Because AWS AWS scale allows significantly more investment in securing security policies and compliance, it allows customers. So, for example, Amazon redshift comes by default with suck 1 to 3 p. C. I. Aiso fared rampant HIPPA compliance, all of them out of the box and at our scale. We have the capacity to implement those by default for all of our customers and allow them to focus. Their very expensive, valuable ICTY resource is on actual applications that differentiate their business and transform the customer experience. >>That's a great point, gal. So we've talked about the, you know, limiting factors. Technology wise, we've mentioned things like governance. But what about the cultural aspect? Right? So what do you see? What do you see in team struggling in meeting? You know, their cloud data warehouse strategy today. >>And and that's true. One of the biggest challenges for large large organizations when they moved to the cloud is not about the technology. It's about people, process and culture, and we see differences between organizations that talk about moving to the cloud and ones that actually do it. And first of all, you wanna have senior leadership, drive and be aligned and committed to making the move to the cloud. But it's not just that you want. We see organizations sometimes Carol get paralyzed. If they can't figure out how to move each and every last work clothes, there's no need to boil the ocean, so we often work with organizations to find that iterative motion that relative process off identifying the use cases are date identifying workloads in migrating them one at a time and and through that allowed organization to grow its knowledge from a cloud perspective as well as adopt its tooling and learn about the new capabilities. >>And from an analytics perspective, we see the same right. You don't need a pixel perfect dashboard every single time to get value from your data. You don't need to wait until the data warehouse is perfect or the pipeline to the data warehouse is perfect. With today's technology, you should be able to look at the data in your cloud data warehouse immediately and get value from it. And that's the you know, that's that change that we're pushing and starting to see today. Thanks. God, that was That was really interesting. Um, you know, as we look through that, you know, this transformation we're seeing in analytics, um, isn't really that old? 20 years ago, data warehouses were primarily on Prem and the applications the B I tools used for analytics around them were on premise well, and so you saw things like applications like Salesforce. That live in the cloud. You start having to pull data from the cloud on Prem in order to do analytics with it. Um, you know, then we saw the shift about 10 years ago in the explosion of Cloud Data Warehouse Because of their scale, cost reduced, reduce shin reduction and speed. You know, we're seeing cloud data. Warehouses like Amazon Red Shift really take place, take hold of the marketplace and are the predominant ways of storing data moving forward. What we haven't seen is the B I tools catch up. And so when you have this new cloud data warehouse technology, you really need tools that were custom built for it to take advantage of it, to be able to query the cloud data warehouse directly and get results very quickly without having to worry about creating, you know, a middle layer of data or pipelines in order to manage it. And, you know, one company captures that really Well, um, chick fil A. I'm sure everybody has heard of is one of the largest food chains in America. And, you know, they made a huge investment in red shift and one of the purposes of that investment is they wanted to get access to the data mawr quickly, and they really wanted to give their business users, um, the ability to do some ad hoc analysis on the data that they were capturing. They found that with their older tools, the problems that they were finding was that all the data when they're trying to do this analysis was staying at the analyst level. So somebody needed to create a dashboard in order to share that data with a user. And if the user's requirements changed, the analysts were starting to become burdened with requests for changes and the time it took to reflect those changes. So they wanted to move to fought spot with embrace to connect to Red Shift so they could start giving business users that capability. Query the database right away. And with this, um, they were able to find, you know, very common things in in the supply chain analysis around the ability to figure out what store should get, what product that was selling better. The other part was they didn't have to wait for the data to get settled into some sort of repository or second level database. They were able to query it quickly. And then with that, they're able to make changes right in the red shift database that were then reflected to customers and the business users right away. So what they found from this is by adopting thought spot, they were actually able to arm business users with the ability to make decisions very quickly. And they cleared up the backlog that they were having and the delay with their analysts. And they're also putting their analysts toe work on different projects where they could get better value from. So when you look at the way we work with a cloud data warehouse, um, you have to think of thoughts about embrace as the tool that access that layer. The perfect analytic partner for the Cloud Data Warehouse. We will do the live query for the business user. You don't need to know how to script and sequel, um Thio access, you know, red shift. You can type the question that you want the answer to and thought spot will take care of that query. We will do the indexing so that the results come back faster for you and we will also do the analysis on. This is one of the things I wanted to cover, which is our spot i. Q. This is new for our ability to use this with embrace and our partners at Red Shift is now. We can give you the ability to do auto analysis to look at things like leading indicators, trends and anomalies. So to put this in perspective amount imagine somebody was doing forecasting for you know Q three in the western region. And they looked at how their stores were doing. And they saw that, you know, one store was performing well, Spot like, you might be able to look at that analysis and see if there's a leading product that is underperforming based on perhaps the last few quarters of data. And bring that up to the business user for analysis right away. They don't need to have to figure that out. And, um, you know, slice and dice to find that issue on their own. And then finally, all the work you do in data management and governance in your cloud data warehouse gets reflected in the results in embrace right away. So I've done a lot of talking about embrace, and I could do more, but I think it would be far better toe. Have Vika actually show you how the product works, Vika. >>Thanks, Michael. We learned a lot today about the power of leveraging your red shift data and thought spot. But now let me show you how it works. The coronavirus pandemic has presented extraordinary challenges for many businesses, and some industries have fared better than others. One industry that seems to weather the storm pretty well actually is streaming media. So companies like Netflix and who Lou. And in this demo, we're going to be looking at data from B to C marketing efforts. First streaming media company in 2020 lately, we've been running campaigns for comedy, drama, kids and family and reality content. Each of our campaigns last four weeks, and they're staggered on a weekly basis. Therefore, we always have four campaigns running, and we can focus on one campaign launch per >>week, >>and today we'll be digging into how our campaigns are performing. We'll be looking at things like impressions, conversions and users demographic data. So let's go ahead and look at that data. We'll see what we can learn from what's happened this year so far, and how we can apply those learnings to future decision making. As you can already see on the thoughts about homepage, I've created a few pin boards that I use for reporting purposes. The homepage also includes what others on my team and I have been looking at most recently. Now, before we dive into a search, will first take a look at how to make a direct connection to the customer database and red shift to save time. I've already pre built the connection Red Shift, but I'll show you how easy it is to make that connection in just three steps. So first we give the connection name and we select our connection type and was on red Shift. Then we enter our red shift credentials, and finally, we select the tables that we want to use Great now ready to start searching. So let's start in this data to get a better idea of how our marketing efforts have been affected either positively or negatively by this really challenging situation. When we think of ad based online marketing campaigns, we think of impressions, clicks and conversions. Let's >>look at those >>on a daily basis for our purposes. So all this data is available to us in Thought spot, and we can easily you search to create a nice line chart like this that shows US trends over the last few months and based on experience. We understand that we're going to have more clicks than impressions and more impressions and conversions. If we started the chart for a minute, we could see that while impressions appear to be pretty steady over the course of the year, clicks and especially conversions both get a nice boost in mid to late March, right around the time that pandemic related policies were being implemented. So right off the bat, we found something interesting, and we can come back to this now. There are few metrics that we're gonna focus on as we analyze our marketing data. Our overall goal is obviously to drive conversions, meaning that we bring new users into our streaming service. And in order to get a visitor to sign up in the first place, we need them to get into our sign up page. A compelling campaign is going to generate clicks, so if someone is interested in our ad, they're more likely to click on it, so we'll search for Click through Rape 5% and we'll look this up by campaign name. Now even compare all the campaigns that we've launched this year to see which have been most effective and bring visitors star site. And I mentioned earlier that we have four different types of campaign content, each one aligned with one of our most popular genres. So by adding campaign content, yeah, >>and I >>just want to see the top 10. I could limit my church. Just these top 10 campaigns automatically sorted by click through rate and assigned a color for each category so we could see right away that comedy and drama each of three of the top 10 campaigns by click through rate reality is, too, including the top spot and kids and family makes one appearance as well. Without spot. We know that any non technical user can ask a question and get an answer. They can explore the answer and ask another question. When you get an answer that you want to share, keep an eye on moving forward, you pin the answer to pin board. So the BBC Marketing Campaign Statistics PIN board gives us a solid overview of our campaign related activities and metrics throughout 2020. The visuals here keep us up to date on click through rate and cost per click, but also another really important metrics that conversions or cost proposition. Now it's important to our business that we evaluate the effectiveness of our spending. Let's do another search. We're going to look at how many new customers were getting so conversions and the price cost per acquisition that we're spending to get each of these by the campaign contact category. So >>this is a >>really telling chart. We can basically see how much each new users costing us, based on the content that they see prior to signing up to the service. Drama and reality users are actually relatively expensive compared to those who joined based on comedy and kids and family content that they saw. And if all the genres kids and family is actually giving us the best bang for our marketing >>buck. >>And that's good news because the genres providing the best value are also providing the most customers. We mentioned earlier that we actually saw a sizable uptick in conversions as stay at home policies were implemented across much of the country. So we're gonna remove cost per acquisition, and we're gonna take a daily look how our campaign content has trended over the years so far. Eso By doing this now, we can see a comparison of the different genres daily. Some campaigns have been more successful than others. Obviously, for example, kids and family contact has always fared pretty well Azaz comedy. But as we moved into the stay at home area of the line chart, we really saw these two genres begin to separate from the rest. And even here in June, as some states started to reopen, we're seeing that they're still trending up, and we're also seeing reality start to catch up around that time. And while the first pin board that we looked at included all sorts of campaign metrics, this is another PIN board that we've created so solely to focus on conversions. So not only can we see which campaigns drug significant conversions, we could also dig into the demographics of new users, like which campaigns and what content brought users from different parts of the country or from different age groups. And all this is just a quick search away without spot search directly on a red shift. Data Mhm. All right, Thank you. And back to you, Michael. >>Great. Thanks, Vika. That was excellent. Um, so as you can see, you can very quickly go from zero to search with thought Spot, um, connected to any cloud data warehouse. And I think it's important to understand that we mentioned it before. Not everything has to be perfect. In your doubt, in your cloud data warehouse, um, you can use thought spot as your initial for your initial tool. It's for investigatory purposes, A Z you can see here with star, Gento, imax and anthem. And a lot of these cases we were looking at billions of rows of data within minutes. And as you as your data warehouse maturity grows, you can start to add more and more thoughts about users to leverage the data and get better analysis from it. So we hope that you've enjoyed what you see today and take the step to either do one of two things. We have a free trial of thoughts about cloud. If you go to the website that you see below and register, we can get you access the thought spots so you can start searching today. Another option, by contacting our team, is to do a zero to search workshop where 90 minutes will work with you to connect your data source and start to build some insights and exactly what you're trying to find for your business. Um thanks, everybody. I would especially like to thank golf from AWS for joining us on this today. We appreciate your participation, and I hope everybody enjoyed what they saw. I think we have a few questions now. >>Thank you, Vika, Gal and Michael. It's always exciting to see a live demo. I know that I'm one of those comedy numbers. We have just a few minutes left, but I would love to ask a couple of last questions Before we go. Michael will give you the first question. Do I need to have all of my data cleaned and ready in my cloud data warehouse before I begin with thought spot? >>That's a great question, Mallory. No, you don't. You can really start using thought spot for search right away and start getting analysis and start understanding the data through the automatic search analysis and the way that we query the data and we've seen customers do that. Chick fil a example that we talked about earlier is where they were able to use thoughts bought to notice an anomaly in the Cloud Data Warehouse linking between product and store. They were able to fix that very quickly. Then that gets reflected across all of the users because our product queries the Cloud Data Warehouse directly so you can get started right away without it having to be perfect. And >>that's awesome. And gal will leave a fun one for you. What can we look forward to from Amazon Red Shift next year? >>That's a great question. And you know, the team has been innovating extremely fast. We released more than 200 features in the last year and a half, and we continue innovating. Um, one thing that stands out is aqua, which is a innovative new technology. Um, in fact, lovely stands for Advanced Square Accelerator, and it allows customers to achieve performance that up to 10 times faster, uh, than what they've seen really outstanding and and the way we've achieved that is through a shift in paradigm in the actual technological implementation section. Uh, aqua is a new distributed and hardware accelerated processing layer, which effectively allows us to push down operations analytics operations like compression, encryption, filtering and aggregations to the storage there layer and allow the aqua nodes that are built with custom. AWS designed analytics processors to perform these operations faster than traditional soup use. And we no longer need to bring, you know, scan the data and bring it all the way to the computational notes were able to apply these these predicates filtering and encourage encryption and compression and aggregations at the storage level. And likewise is going to be available for every are a three, um, customer out of the box with no changes to come. So I apologize for being getting out a little bit, but this is really exciting. >>No, that's why we invited you. Call. Thank you on. Thank you. Also to Michael and Vika. That was excellent. We really appreciate it. For all of you tuning in at home. The final session of this track is coming up shortly. You aren't gonna want to miss it. We're gonna end strong, come back and hear directly from our customer a T mobile on how T Mobile is building a data driven organization with thought spot in which >>pro, It's >>up next, see you then.

Published Date : Dec 10 2020

SUMMARY :

is finally ready for the cloud, and we'll discuss how you can that provides the ability to scale toe unlimited concurrency. to the Cloud Data Warehouse, as you can see from the statistic from Forrester, which allows you to increase the capacity of your data warehouse and enable your they're either they're having to make technical, you know, technical cuts there, We have the capacity So what do you see? And first of all, you wanna have senior leadership, drive and And that's the you know, that's that change that And in this demo, we're going to be looking at data from B to C marketing efforts. I've already pre built the connection Red Shift, but I'll show you how easy it is to make that connection in just three all this data is available to us in Thought spot, and we can easily you search to create a nice line chart like this that Now it's important to our business that we evaluate the effectiveness of our spending. And if all the genres kids and family is actually giving us the best bang for our marketing And that's good news because the genres providing the best value are also providing the most customers. And as you as your Do I need to have all of my data cleaned the Cloud Data Warehouse directly so you can get started right away without it having to be perfect. forward to from Amazon Red Shift next year? And you know, the team has been innovating extremely fast. For all of you tuning in at home.

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External Data | Beyond.2020 Digital


 

>>welcome back. And thanks for joining us for our second session. External data, your new leading indicators. We'll be hearing from industry leaders as they share best practices and challenges in leveraging external data. This panel will be a true conversation on the part of the possible. All right, let's get to >>it >>today. We're excited to be joined by thought spots. Chief Data Strategy Officer Cindy Housing Deloitte's chief data officer Manteo, the founder and CEO of Eagle Alfa. And it Kilduff and Snowflakes, VP of data marketplace and customer product strategy. Matt Glickman. Cindy. Without further ado, the floor is yours. >>Thank you, Mallory. And I am thrilled to have this brilliant team joining us from around the world. And they really bring each a very unique perspective. So I'm going to start from further away. Emmett, Welcome. Where you joining us from? >>Thanks for having us, Cindy. I'm joining from Dublin, Ireland, >>great. And and tell us a little bit about Eagle Alfa. What do you dio >>from a company's perspective? Think of Eagle Alfa as an aggregator off all the external data sets on a word I'll use a few times. Today is a big advantage we could bring companies is we have a data concierge service. There's so much data we can help identify the right data sets depending on the specific needs of the company. >>Yeah. And so, Emma, you know, people think I was a little I kind of shocked the industry. Going from gardener to a tech startup. Um, you have had a brave journey as well, Going from financial services to starting this company, really pioneering it with I think the most data sets of any of thes is that right? >>Yes, it was. It was a big jump to go from Morgan Stanley. Uh, leave the comforts of that environment Thio, PowerPoint deck and myself raising funding eight years ago s So it was a big jump on. We were very early in our market. It's in the last few years where there's been real momentum and adoption by various types of verticals. The hedge funds were first, maybe then private equity, but corporate sar are following quite quickly from behind. That will be the biggest users, in our view, by by a significant distance. >>Yeah, great. Thank um, it So we're going to go a little farther a field now, but back to the U. S. So, Juan, where you joining us from? >>Hey, Cindy. Thanks for having me. I'm joining you from Houston, Texas. >>Great. Used to be my home. Yeah, probably see Rice University back there. And you have a distinct perspective serving both Deloitte customers externally, but also internally. Can you tell us about that? >>Yeah, absolutely. So I serve as the Lord consultants, chief data officer, and as a professional service firm, I have the responsibility for overseeing our overall data agenda, which includes both the way we use data and insights to run and operate our own business, but also in how we develop data and insights services that we then take to market and how we serve our dealers and clients. >>Great. Thank you, Juan. And last but not least, Matt Glickman. Kind of in my own backyard in New York. Right, Matt? >>Correct. Joining I haven't been into the city and many months, but yes, um, based in New York. >>Okay. Great. And so, Matt, you and Emmett also, you know, brave pioneers in this space, and I'm remembering a conversation you and I shared when you were still a J. P. Morgan, I believe. And you're Goldman Sachs. Sorry. Sorry. Goldman. Can you Can you share that with us? >>Sure. I made the move back in 2015. Um, when everyone thought, you know, my wife, my wife included that I was crazy. I don't know if I would call it Comfortable was emitted, but particularly had been there for a long time on git suffered in some ways. A lot of the pains we're talking about today, given the number of data, says that the amount of of new data sets that are always demand for having run analytics teams at Goldman, seeing the pain and realizing that this pain was not unique to Goldman Sachs, it was being replicated everywhere across the industry, um, in a mind boggling way and and the fortuitous, um, luck to have one of snowflakes. Founders come to pitch snowflake to Goldman a little bit early. Um, they became a customer later, but a little bit early in 2014. And, you know, I realized that this was clearly, you know, the answer from first principles on bond. If I ever was going to leave, this was a problem. I was acutely aware of. And I also was aware of how much the man that was in financial services for a better solution and how the cloud could really solve this problem in particular the ability to not have to move data in and out of these organizations. And this was something that I saw the future of. Thank you, Andi, that this was, you know, sort of the pain that people just expected to pay. Um, this price if you need a data, there was method you had thio. You had to use you either ftp data in and out. You had data that was being, you know, dropped off and, you know, maybe in in in a new ways and cloud buckets or a P i s You have to suck all this data down and reconstruct it. And God forbid the formats change. It was, you know, a nightmare. And then having issues with data, you had a what you were seeing internally. You look nothing like what the data vendors were seeing because they want a completely different system, maybe model completely differently. Um, but this was just the way things were. Everyone had firewalls. Everyone had their own data centers. There was no other way on git was super costly. And you know this. I won't even share the the details of you know, the errors that would occur in the pain that would come from that, Um what I realized it was confirmed. What I saw it snowflake at the time was once everyone moves to run their actual workloads in this in the cloud right where you're now beyond your firewall, you'll have all this scale. But on top of that, you'll be able to point at data from these vendors were not there the traditional data vendors. Or, you know, this new wave of alternative data vendors, for example, like the ones that eagle out for brings together And bring these all these data sets together with your own internal data without moving it. Yeah, this was a fundamental shift of what you know, it's in some ways, it was a side effect of everyone moving to the cloud for costs and scale and elasticity. But as a side effect of that is what we talked about, You know it snowflake summit, you know, yesterday was this notion of a data cloud that would connect data between regions between cloud vendors between customers in a way where you could now reference data. Just like your reference websites today, I don't download CNN dot com. I point at it, and it points me to something else. I'm always seeing the latest version, obviously, and we can, you know, all collaborate on what I'm seeing on that website. That's the same thing that now can happen with data. So And I saw this as what was possible, and I distinctly asked the question, you know, the CEO of the time Is this possible? And not only was it possible it was a fundamental construct that was built into the way that snowflake was delivered. And then, lastly, this is what we learned. And I think this is what you know. M It also has been touting is that it's all great if data is out there and even if you lower that bar of access where data doesn't have to move, how do I know? Right? If I'm back to sitting at Goldman Sachs, how do I know what data is available to me now in this this you know, connected data network eso we released our data marketplace, which was a very different kind of marketplace than these of the past. Where for us, it was really like a global catalog that would elect a consumer data consumer. Noah data was available, but also level the playing field. Now we're now, you know, Eagle, Alfa, or even, you know, a new alternative data vendor build something in their in their basement can now publish that data set so that the world could see and consume and be aligned to, you know, snowflakes, core business, and not where we wouldn't have to be competing or having to take, um, any kind of custody of that data. So adding that catalog to this now ubiquitous access, um really changed the game and, you know, and then now I seem like a genius for making this move. But back then, like I said, we've seen I seem like instant. I was insane. >>Well, given, given that snowflake was the hottest aipo like ever, you were a genius. Uh, doing this, you know, six years in advance. E think we all agree on that, But, you know, a lot of this is still visionary. Um, you know, some of the most leading companies are already doing this. But one What? What is your take our Are you best in class customers still moving the data? Or is this like they're at least thinking about data monetization? What are you seeing from your perspective? >>Yeah, I mean, I did you know, the overall appreciation and understanding of you know, one. I got to get my house in order around my data, um, has something that has been, you know, understood and acted upon. Andi, I do agree that there is a shift now that says, you know, data silos alone aren't necessarily gonna bring me, you know, new and unique insights on dso enriching that with external third party data is absolutely, you know, sort of the the ship that we're seeing our customers undergo. Um, what I find extremely interesting in this space and what some of the most mature clients are doing is, you know, really taking advantage of these data marketplaces. But building data partnerships right there from what mutually exclusive, where there is a win win scenario for for you know, that organization and that could be, you know, retail customers or life science customers like with pandemic, right the way we saw companies that weren't naturally sharing information are now building these data partnership right that are going are going into mutually benefit, you know, all organizations that are sort of part of that value to Andi. I think that's the sort of really important criteria. And how we're seeing our clients that are extremely successful at this is that partnership has benefits on both sides of that equation, right? Both the data provider and then the consumer of that. And there has to be, you know, some way to ensure that both parties are are are learning right, gaining you insights to support, you know, whatever their business organization going on. >>Yeah, great one. So those data partnerships getting across the full value chain of sharing data and analytics Emmett, you work on both sides of the equation here, helping companies. Let's say let's say data providers maybe, like, you know, cast with human mobility monetize that. But then also people that are new to it. Where you seeing the top use cases? Well, >>interestingly, I agree with one of the supply side. One of the interesting trends is we're seeing a lot more data coming from large Corporates. Whether they're listed are private equity backed, as opposed to maybe data startups that are earning money just through data monetization. I think that's a great trend. I think that means a lot of the best. Data said it data is yet to come, um, in terms off the tough economy and how that's changed. I think the category that's had the most momentum and your references is Geo location data. It's that was the category at our conference in December 2000 and 12 that was pipped as the category to watch in 2019. On it didn't become that at all. Um, there were some regulatory concerns for certain types of geo data, but with with covert 19, it's Bean absolutely critical for governments, ministries of finance, central banks, municipalities, Thio crunch that data to understand what's happening in a real time basis. But from a company perspective, it's obviously critical as well. In terms of planning when customers might be back in the High Street on DSO, fourth traditionally consumer transaction data of all the 26 categories in our taxonomy has been the most popular. But Geo is definitely catching up your slide. Talked about being a tough economy. Just one point to contradict that for certain pockets of our clients, e commerce companies are having a field day, obviously, on they are very data driven and tech literate on day are they are really good client base for us because they're incredibly hungry, firm or data to help drive various, uh, decision making. >>Yeah, So fair enough. Some sectors of the economy e commerce, electron, ICS, healthcare are doing great. Others travel, hospitality, Um, super challenging. So I like your quote. The best is yet to come, >>but >>that's data sets is yet to come. And I do think the cloud is enabling that because we could get rid of some of the messy manual data flows that Matt you talked about, but nonetheless, Still, one of the hardest things is the data map. Things combining internal and external >>when >>you might not even have good master data. Common keys on your internal data. So any advice for this? Anyone who wants to take that? >>Sure I can. I can I can start. That's okay. I do think you know, one of the first problems is just a cataloging of the information that's out there. Um, you know, at least within our organization. When I took on this role, we were, you know, a large buyer of third party data. But our organization as a whole didn't necessarily have full visibility into what was being bought and for what purpose. And so having a catalog that helps us internally navigate what data we have and how we're gonna use it was sort of step number one. Um, so I think that's absolutely important. Um, I would say if we could go from having that catalog, you know, created manually to more automated to me, that's sort of the next step in our evolution, because everyone is saying right, the ongoing, uh, you know, creation of new external data sets. It's only going to get richer on DSO. We wanna be able to take advantage of that, you know, at the at the pacing speed, that data is being created. So going from Emanuel catalog to anonymous >>data >>catalog, I think, is a key capability for us. But then you know, to your second point, Cindy is how doe I then connect that to our own internal data to drive greater greater insights and how we run our business or how we serve our customers. Andi, that one you know really is a It's a tricky is a tricky, uh, question because I think it just depends on what data we're looking toe leverage. You know, we have this concept just around. Not not all data is created equal. And when you think about governance and you think about the management of your master data, your internal nomenclature on how you define and run your business, you know that that entire ecosystem begins to get extremely massive and it gets very broad and very deep on DSO for us. You know, government and master data management is absolutely important. But we took a very sort of prioritized approach on which domains do we really need to get right that drive the greatest results for our organization on dso mapping those domains like client data or employee data to these external third party data sources across this catalog was really the the unlocked for us versus trying to create this, you know, massive connection between all the external data that we're, uh, leveraging as well as all of our own internal data eso for us. I think it was very. It was a very tailored, prioritized approach to connecting internal data to external data based on the domains that matter most to our business. >>So if the domains so customer important domain and maybe that's looking at things, um, you know, whether it's social media data or customer transactions, you prioritized first by that, Is that right? >>That's correct. That's correct. >>And so, then, Matt, I'm going to throw it back to you because snowflake is in a unique position. You actually get to see what are the most popular data sets is is that playing out what one described are you seeing that play out? >>I I'd say Watch this space. Like like you said. I mean this. We've you know, I think we start with the data club. We solve that that movement problem, which I think was really the barrier that you tended to not even have a chance to focus on this mapping problem. Um, this notion of concordance, I think this is where I see the big next momentum in this space is going to be a flurry of traditional and new startups who deliver this concordance or knowledge graph as a service where this is no longer a problem that I have to solve internal to my organization. The notion of mastering which is again when everyone has to do in every organization like they used to have to do with moving data into the organization goes away. And this becomes like, I find the best of breed for the different scopes of data that I have. And it's delivered to me as a, you know, as a cloud service that just takes my data. My internal data maps it to these 2nd and 3rd party data sets. Um, all delivered to me, you know, a service. >>Yeah, well, that would be brilliant concordance as a service or or clean clean master data as a service. Um, using augmented data prep would be brilliant. So let's hope we get there. Um, you know, so 2020 has been a wild ride for everyone. If I could ask each of you imagine what is the art of the possible or looking ahead to the next to your and that you are you already mentioned the best is yet to come. Can you want to drill down on that. What what part of the best is yet to come or what is your already two possible? >>Just just a brief comment on mapping. Just this week we published a white paper on mapping, which is available for for anyone on eagle alfa dot com. It's It's a massive challenge. It's very difficult to solve. Just with technology Onda people have tried to solve it and get a certain level of accuracy, but can't get to 100% which which, which, which makes it difficult to solve it. If if if there is a new service coming out against 100% I'm all ears and that there will be a massive step forward for the entire data industry, even if it comes in a few years time, let alone next year, I think going back to the comment on data Cindy. Yes, I think boards of companies are Mawr and Mawr. Viewing data as an asset as opposed to an expense are a cost center on bond. They are looking therefore to get their internal house in order, as one was saying, but also monetize the data they are sitting on lots of companies. They're sitting on potentially valuable data. It's not all valuable on a lot of cases. They think it's worth a lot more than it is being frank. But in some cases there is valuable data on bond. If monetized, it can drop to the bottom line on. So I think that bodes well right across the world. A lot of the best date is yet to come on. I think a lot of firms like Deloitte are very well positioned to help drive that adoption because they are the trusted advisor to a lot of these Corporates. Um, so that's one thing. I think, from a company perspective. It's still we're still at the first base. It's quite frustrating how slow a lot of companies are to move and adopt, and some of them are haven't hired CDO. Some of them don't have their internal house in order. I think that has to change next year. I think if we have this conference at this time next year, I would expect that would hopefully be close to the tipping point for Corporates to use external data. And the Malcolm Gladwell tipping point on the final point I make is I think, that will hopefully start to see multi department use as opposed to silos again. Parliaments and silos, hopefully will be more coordinated on the company's side. Data could be used by marketing by sales by r and D by strategy by finance holds external data. So it really, hopefully will be coordinated by this time next year. >>Yeah, Thank you. So, to your point, there recently was an article to about one of the airlines that their data actually has more value than the company itself now. So I know, I know. We're counting on, you know, integrators trusted advisers like Deloitte to help us get there. Uh, one what? What do you think? And if I can also drill down, you know, financial services was early toe all of this because they needed the early signals. And and we talk about, you know, is is external data now more valuable than internal? Because we need those early signals in just such a different economy. >>Yeah, I think you know, for me, it's it's the seamless integration of all these external data sources and and the signals that organizations need and how to bring those into, you know, the day to day operations of your organization, right? So how do you bring those into, You know, you're planning process. How do you bring that into your sales process on DSO? I think for me success or or where I see the that the use and adoption of this is it's got to get down to that level off of operations for organizations. For this to continue to move at the pace and deliver the value that you know, we're all describing. I think we're going to get there. But I think until organizations truly get down to that level of operations and how they're using this data, it'll sort of seem like a Bolton, right? So for me, I think it's all about Mawr, the seamless integration. And I think to what Matt mentioned just around services that could help connect external data with internal data. I'll take that one step beyond and say, How can we have the data connect itself? Eso I had references Thio, you know, automation and machine learning. Um, there's significant advances in terms of how we're seeing, you know, mapping to occur in a auto generated fashion. I think this specific space and again the connection between external and internal data is a prime example of where we need to disrupt that, you know, sort of traditional data pipeline on. Try to automate that as much as possible. And let's have the data, you know, connect itself because it then sort of supports. You know, the first concept which waas How do we make it more seamless and integrated into, you know, the business processes of the organization's >>Yeah, great ones. So you two are thinking those automated, more intelligent data pipelines will get us there faster. Matt, you already gave us one. Great, Uh, look ahead, Any more to add to >>it, I'll give you I'll give you two more. One is a bit controversial, but I'll throw that you anyway, um, going back to the point that one made about data partnerships What you were saying Cindy about, you know, the value. These companies, you know, tends to be somehow sometimes more about the data they have than the actual service they provide. I predict you're going to see a wave of mergers and acquisitions. Um, that it's solely about locking down access to data as opposed to having data open up. Um to the broader, you know, economy, if I can, whether that be a retailer or, you know, insurance company was thes prime data assets. Um, you know, they could try to monetize that themselves, But if someone could acquire them and get exclusive access that data, I think that's going to be a wave of, um, in a that is gonna be like, Well, we bought this for this amount of money because of their data assets s. So I think that's gonna be a big wave. And it'll be maybe under the guise of data partnerships. But it really be about, you know, get locking down exclusive access to valuable data as opposed to trying toe monetize it itself number one. And then lastly, you know. Now, did you have this kind of ubiquity of data in this interconnected data network? Well, we're starting to see, and I think going to see a big wave of is hyper personalization of applications where instead of having the application have the data itself Have me Matt at Snowflake. Bring my data graph to applications. Right? This decoupling of we always talk about how you get data out of these applications. It's sort of the reverse was saying Now I want to bring all of my data access that I have 1st, 2nd and 3rd party into my application. Instead of having to think about getting all the data out of these applications, I think about it how when you you know, using a workout app in the consumer space, right? I can connect my Spotify or connect my apple music into that app to personalize the experience and bring my music list to that. Imagine if I could do that, you know, in a in a CRM. Imagine I could do that in a risk management. Imagine I could do that in a marketing app where I can bring my entire data graph with me and personalize that experience for, you know, for given what I have. And I think again, you know, partners like thoughts. But I think in a unique position to help enable that capability, you know, for this next wave of of applications that really take advantage of this decoupling of data. But having data flow into the app tied to me as opposed to having the APP have to know about my data ahead of time, >>Yeah, yeah, So that is very forward thinking. So I'll end with a prediction and a best practice. I am predicting that the organizations that really leverage external data, new data sources, not just whether or what have you and modernize those data flows will outperform the organizations that don't. And as a best practice to getting there, I the CDOs that own this have at least visibility into everything they're purchasing can save millions of dollars in duplicate spend. So, Thio, get their three key takeaways. Identify the leading indicators and market signals The data you need Thio. Better identify that. Consolidate those purchases and please explore the data sets the range of data sets data providers that we have on the thought spot. Atlas Marketplace Mallory over to you. >>Wow. Thank you. That was incredible. Thank you. To all of our Panelists for being here and sharing that wisdom. We really appreciate it. For those of you at home, stay close by. Our third session is coming right up and we'll be joined by our partner AWS and get to see how you can leverage the full power of your data cloud complete with the demo. Make sure to tune in to see you >>then

Published Date : Dec 10 2020

SUMMARY :

All right, let's get to We're excited to be joined by thought spots. Where you joining us from? Thanks for having us, Cindy. What do you dio the external data sets on a word I'll use a few times. you have had a brave journey as well, Going from financial It's in the last few years where there's been real momentum but back to the U. S. So, Juan, where you joining us from? I'm joining you from Houston, Texas. And you have a distinct perspective serving both Deloitte customers So I serve as the Lord consultants, chief data officer, and as a professional service Kind of in my own backyard um, based in New York. you know, brave pioneers in this space, and I'm remembering a conversation If I'm back to sitting at Goldman Sachs, how do I know what data is available to me now in this this you know, E think we all agree on that, But, you know, a lot of this is still visionary. And there has to be, you know, some way to ensure that you know, cast with human mobility monetize that. I think the category that's had the most momentum and your references is Geo location Some sectors of the economy e commerce, that Matt you talked about, but nonetheless, Still, you might not even have good master data. having that catalog, you know, created manually to more automated to me, But then you know, to your second point, That's correct. And so, then, Matt, I'm going to throw it back to you because snowflake is in a unique position. you know, as a cloud service that just takes my data. Um, you know, so 2020 has been I think that has to change next year. And and we talk about, you know, is is external data now And let's have the data, you know, connect itself because it then sort of supports. So you two are thinking those automated, And I think again, you know, partners like thoughts. and market signals The data you need Thio. by our partner AWS and get to see how you can leverage the full power of

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From Zero to Search | Beyond.2020 Digital


 

>>Yeah, >>yeah. Hello and welcome to Day two at Beyond. I am so excited that you've chosen to join the building a vibrant data ecosystem track. I might be just a little bit biased, but I think it's going to be the best track of the day. My name is Mallory Lassen and I run partner Marketing here, a thought spot, and that might give you a little bit of a clue as to why I'm so excited about the four sessions we're about to hear from. We'll start off hearing from two thought spotters on how the power of embrace can allow you to directly query on the cloud data warehouse of your choice Next up. And I shouldn't choose favorites, but I'm very excited to watch Cindy housing moderate a panel off true industry experts. We'll hear from Deloitte Snowflake and Eagle Alfa as they describe how you can enrich your organization's data and better understand and benchmark by using third party data. They may even close off with a prediction or two about the future that could prove to be pretty thought provoking. So I'd stick around for that. Next we'll hear from the cloud juggernaut themselves AWS. We'll even get to see a live demo using TV show data, which I'm pretty sure is near and dear to our hearts. At this point in time and then last, I'm very excited to welcome our customer from T Mobile. They're going to describe how they partnered with whip pro and developed a full solution, really modernizing their analytics and giving self service to so many employees. We'll see what that's done for them. But first, let's go over to James Bell Z and Ana Son on the zero to search session. James, take us away. >>Thanks, Mallory. I'm James Bell C and I look after the solutions engineering and customer success teams have thought spot here in Asia Pacific and Japan today I'm joined by my colleague Anderson to give you a look at just how simple and quick it is to connect thought spot to your cloud data warehouse and extract value from the data within in the demonstration, and I will show you just how we can connect to data, make it simple for the business to search and then search the data itself or within this short session. And I want to point out that everything you're going to see in the demo is Run Live against the Cloud Data Warehouse. In this case, we're using snowflake, and there's no cashing of data or summary tables in terms of what you're going to see. But >>before we >>jump into the demo itself, I just like to provide a very brief overview of the value proposition for thought spot. If you're already familiar with thought spot, this will come as no surprise. But for those new to the platform, it's all about empowering the business to answer their own questions about data in the most simple way possible Through search, the personalized user experience provides a familiar search based way for anyone to get answers to their questions about data, not just the analysts. The search, indexing and ranking makes it easy to find the data you're looking for using business terms that you understand. While the smart ranking constantly adjust the index to ensure the most relevant information is provided to you. The query engine removes the complexity of SQL and complex joint paths while ensuring that users will always get thio the correct answers their questions. This is all backed up by an architecture that's designed to be consumed entirely through a browser with flexibility on deployment methods. You can run thought spot through our thoughts about cloud offering in your own cloud or on premise. The choice is yours, so I'm sure you're thinking that all sounds great. But how difficult is it to get this working? Well, I'm happy to tell you it's super easy. There's just forced steps to unlock the value of your data stored in snowflake, Red Shift, Google, Big Query or any of the other cloud data warehouses that we support. It's a simple is connecting to the Cloud Data Warehouse, choosing what data you want to make available in thought spot, making it user friendly. That column that's called cussed underscore name in the database is great for data management, but when users they're searching for it, they'll probably want to use customer or customer name or account or even client. Also, the business shouldn't need to know that they need to get data from multiple tables or the joint parts needed to get the correct results in thought spot. The worksheet allows you to make all of this simple for the users so they can simply concentrate on getting answers to their questions on Once the worksheet is ready, you can start asking those questions by now. I'm sure you're itching to see this in action. So without further ado, I'm gonna hand over to Anna to show you exactly how this works over to you. Anna, >>In this demo, I'm going to go to cover three areas. First, we'll start with how simple it is to get answers to your questions in class spot. Then we'll have a look at how to create a new connection to Cloud Data Warehouse. And lastly, how to create a use of friendly data layer. Let's get started to get started. I'm going to show you the ease off search with thoughts Spot. As you can see thought spot is or were based. I'm simply lobbying. Divide a browser. This means you don't need to install an application. Additionally, possible does not require you to move any data. So all your data stays in your cloud data warehouse and doesn't need to be moved around. Those sports called differentiator is used experience, and that is primarily search. As soon as we come into the search bar here, that's what suggestion is guiding uses through to the answers? Let's let's say that I would wanna have a look at spending across the different product categories, and we want Thio. Look at that for the last 12 months, and we also want to focus on a trending on monthly. And just like that, we get our answer straightaway without alive from Snowflake. Now let's say we want to focus on 11 product category here. We want to have a look at the performance for finished goods. As I started partially typing my search them here, Thoughts was already suggesting the data value that's available for me to use as a filter. The indexing behind the scene actually index everything about the data which allowed me to get to my data easily and quickly as an end user. Now I've got my next to my data answer here. I can also go to the next level of detail in here. In third spot to navigate on the next level of detail is simply one click away. There's no concept off drill path, pre defined drill path in here. That means we've ordered data that's available to me from Snowflake. I'm able to navigate to the level of detail. Allow me to answer those questions. As you can see as a business user, I don't need to do any coding. There's no dragon drop to get to the answer that I need right here. And she can see other calculations are done on the fly. There is no summary tables, no cubes building are simply able to ask the questions. Follow my train or thoughts, and this provides a better use experience for users as anybody can search in here, the more we interact with the spot, the more it learns about my search patterns and make those suggestions based on the ranking in here and that a returns on the fly from Snowflake. Now you've seen example of a search. Let's go ahead and have a look at How do we create a connection? Brand new one toe a cloud at a warehouse. Here we are here, let me add a new connection to the data were healthy by just clicking at new connection. Today we're going to connect Thio retail apparel data step. So let's start with the name. As you can see, we can easily connect to all the popular data warehouse easily. By just one single click here today, we're going to click to Snowflake. I'm gonna ask some detail he'd let me connect to my account here. Then we quickly enter those details here, and this would determine what data is available to me. I can go ahead and specify database to connect to as well, but I want to connect to all the tables and view. So let's go ahead and create a connection. Now the two systems are talking to each other. I can see all the data that's available available for me to connect to. Let's go ahead and connect to the starter apparel data source here and expanding that I can see all the data tables as available to me. I could go ahead and click on any table here, so there's affect herbal containing all the cells information. I also have the store and product information here I can make. I can choose any Data column that I want to include in my search. Available in soft spot, what can go ahead and select entire table, including all the data columns. I will. I would like to point out that this is important because if any given table that you have contains hundreds of columns it it may not be necessary for you to bring across all of those data columns, so thoughts would allow you to select what's relevant for your analysis. Now that's selected all the tables. Let's go ahead and create a connection. Now force what confirms the data columns that we have selected and start to read the medic metadata from Snowflake and automatically building that search index behind the scene. Now, if your daughter does contain information such as personal, identifiable information, then you can choose to turn those investing off. So none of that would be, um, on a hot spots platform. Now that my tables are ready here, I can actually go ahead and search straight away. Let's go ahead and have a look at the table here. I'm going to click on the fact table heat on the left hand side. It shows all the data column that we've brought across from Snowflake as well as the metadata that also brought over here as well. A preview off the data shows me off the data that's available on my snowflake platform. Let's take a look at the joints tap here. The joint step shows may relationship that has already been defined the foreign and primary care redefining snowflake, and we simply inherited he in fourth spot. However, you don't have toe define all of this relationship in snowflake to add a joint. He is also simple and easy. If I click on at a joint here, I simply select the table that I wanted to create a connection for. So select the fact table on the left, then select the product table onto the right here and then simply selected Data column would wish to join those two tables on Let's select Product ID and clicking next, and that's always required to create a joint between those two tables. But since we already have those strong relationship brought over from Snow Flag, I won't go ahead and do that Now. Now you have seen how the tables have brought over Let's go and have a look at how easy is to search coming to search here. Let's start with selecting the data table would brought over expanding the tables. You can see all the data column that we have previously seen from snowflake that. Let's say I wanna have a look at sales in last year. Let's start to type. And even before I start to type anything in the search bar passport already showing me all those suggestions, guiding me to the answers that's relevant to my need. Let's start with having a look at sales for 2019. And I want to see this across monthly for my trend and out off all of these product line he. I also want to focus on a product line called Jackets as I started partially typing the product line jacket for sport, already proactively recommending me all the matches that it has. So all the data values available for me to search as a filter here, let's go ahead and select jacket. And just like that, I get my answer straight away from Snowflake. Now that's relatively simple. Let's try something a little bit more complex. Let's say I wanna have a look at sales comparing across different regions, um, in us. So I want compare West compared to Southwest, and then I want to combat it against Midwest as well as against based on still and also want to see these trending monthly as well. Let's have look at monthly. If you can see that I can use terms such as monthly Key would like that to look at different times. Buckets. Now all of these is out of the box. As she can see, I didn't have to do any indexing. I didn't have to do any formulas in here. As long as there is a date column in the data set, crossbows able to dynamically calculate those time bucket so she can see. Just by doing that search, I was able to create dynamic groupings segment of different sales across the United States on the sales data here. Now that we've done doing search, you can see that across different tables here might not be the most user friendly layer we don't want uses having to individually select tables. And then, um, you know, selecting different columns with cryptic names in here. We want to make this easy for users, and that's when a work ship comes in. But those were were sheet encapsulate all of the data you want to make available for search as well as formulas, as well as business terminologies that the users are familiar with for a specific business area. Let's start with adding the daughter columns we need for this work shape. Want to slack all of the tables that we just brought across from Snowflake? Expanding each of those tables from the facts type of want sales from the fax table. We want sales as well as the date. Then on the store's table. We want store name as well as the stay eating, then expanding to the product we want name and finally product type. Now that we've got our work shit ready, let's go ahead and save it Now, in order to provide best experience for users to search, would want to optimize the work sheet here. So coming to the worksheet here, you can see the data column that we have selected. Let's start with changing this name to be more user friendly, so let's call it fails record. They will want to call it just simply date, store name, call it store, and then we also want state to be in lower case product name. Simply call it product and finally, product type can also further optimize this worksheet by adding, uh, other areas such as synonyms, so allow users to use terms of familiar with to do that search. So in sales, let's call this revenue and we all cannot also further configure the geo configuration. So want to identify state in here as state for us. And finally, we want Thio. Also add more friendly on a display on a currency. So let's change the currency type. I want to show it in U. S. Dollars. That's all we need. So let's try to change and let's get started on our search now coming back to the search here, Let's go ahead. Now select out worksheet that we have just created. If I don't select any specific tables or worksheets, force what Simply a search across everything that's available to you. Expanding the worksheet. We can see all of the data columns in heat that's we've made available and clicking on search bar for spot already. Reckon, making those recommendations in here to start off? Let's have a look at I wanna have a look at the revenue across different states for here today, so let's use the synonym that we have defined across the different states and we want to see this for here today. Um yesterday as well. I know that I also want to focus on the product line jacket that we have seen before, so let's go ahead and select jacket. Yeah, and just like that, I was able to get the answer straight away in third spot. Let's also share some data label here so we can see exactly the Mount as well to state that police performance across us in here. Now I've got information about the sales of jackets on the state. I want to ask next level question. I want to draw down to the store that has been selling these jackets right Click e. I want to drill down. As you can see out of the box. I didn't have to pre define any drill paths on a target. Reports simply allow me to navigate to the next level of detail to answer my own questions. One Click away. Now I see the same those for the jackets by store from year to date, and this is directly from snowflake data life Not gonna start relatively simple question. Let's go ahead and ask a question that's a little bit more complex. Imagine one. Have a look at Silas this year, and I want to see that by month, month over month or so. I want to see a month. Yeah, and I also want to see that our focus on a sale on the last week off the month. So that's where we see most. Sales comes in the last week off the month, so I want to focus on that as well. Let's focus on last week off each month. And on top of that, I also want to only focus on the top performing stores from last year. So I want to focus on the top five stores from last year, so only store in top five in sales store and for last year. And with that, we also want to focus just on the populist product types as well. So product type. Now, this could be very reasonable question that a business user would like to ask. But behind the scenes, this could be quite complex. But First part takes cares, or the complexity off the data allow the user to focus on the answer they want to get to. If we quickly have a look at the query here, this shows how forceful translate the search that were put in there into queries into that, we can pass on the snowflake. As you can see, the search uses all three tables as well shooting, utilizing the joints and the metadata layer that we have created. Switching over to the sequel here, this sequel actually generate on the fly pass on the snowflake in order for the snowflake to bring back to result and presented in the first spot. I also want to mention that in the latest release Off Hot Spot, we also bringing Embraced um, in the latest version, Off tosspot 6.3 story Q is also coming to embrace. That means one click or two analysis. Those who are in power users to monitor key metrics on kind of anomalies, identify leading indicators and isolate trends, as you can see in a matter of minutes. Using thought spot, we were able to connect to most popular on premise or on cloud data warehouses. We were able to get blazing fast answers to our searches, allow us to transform raw data to incite in the speed off thoughts. Ah, pass it back to you, James. >>Thanks, Anna. Wow, that was awesome. It's incredible to see how much committee achieved in such a short amount of time. I want to close this session by referring to a customer example of who, For those of you in the US, I'm sure you're familiar with who, Lou. But for our international audience, who Lou our immediate streaming service similar to a Netflix or Disney Plus, As you can imagine, the amount of data created by a service like this is massive, with over 32 million subscribers and who were asking questions of over 16 terabytes of data in snow folk. Using regular B I tools on top of this size of data would usually mean using summary or aggregate level data, but with thoughts. What? Who are able to get granular insights into the data, allowing them to understand what they're subscribes of, watching how their campaigns of performing and how their programming is being received, and take advantage of that data to reduce churn and increase revenue. So thank you for your time today. Through the session, you've seen just how simple it is to get thought spot up and running on your cloud data warehouse toe. Unlock the value of your data and minutes. If you're interested in trying this on your own data, you can sign up for a free 14 day trial of thoughts. What cloud? Right now? Thanks again, toe Anna for such awards and demo. And if you have any questions, please feel free to let us know. >>Awesome. Thank you, James and Anna. That was incredible. To see it in action and how it all came together on James. We do actually have a couple of questions in our last few minutes here, Anna. >>The first one will be >>for you. Please. This will be a two part question. One. What Cloud Data Warehouses does embrace support today. And to can we use embrace to connect to multiple data warehouses. Thank you, Mallory. Today embrace supports. Snowflake Google, Big query. Um, Red shift as you assign that Teradata advantage and essay Bahana with more sources to come in the future. And, yes, you can connect on live query from notable data warehouses. Most of our enterprise customers have gotta spread across several data warehouses like just transactional data and red Shift and South will start. It's not like, excellent on James will have the final question go to you, You please. Are there any size restrictions for how much data thought spot can handle? And does one need to optimize their database for performance, for example? Aggregations. >>Yeah, that's a great question. So, you know, as we've just heard from our customer, who there's, there's really no limits in terms of the amount of data that you can bring into thoughts Ponant connect to. We have many customers that have, in excess of 10 terabytes of data that they're connecting to in those cloud data warehouses. And, yeah, there's there's no need to pre aggregate or anything. Thought Spot works best with that transactional level data being able to get right down into the details behind it and surface those answers to the business uses. >>Excellent. Well, thank you both so much. And for everyone at home watching thank you for joining us for that session. You have a few minutes toe. Get up, get some water, get a bite of food. What? You won't want to miss this next panel in it. We have our chief data strategy off Officer Cindy, Housing speaking toe experts in the field from Deloitte Snowflake and Eagle Alfa. All on best practices for leveraging external data sources. See you there

Published Date : Dec 10 2020

SUMMARY :

I might be just a little bit biased, but I think it's going to be the best track of the day. to give you a look at just how simple and quick it is to connect thought spot to your cloud data warehouse and extract adjust the index to ensure the most relevant information is provided to you. source here and expanding that I can see all the data tables as available to me. Who are able to get granular insights into the data, We do actually have a couple of questions in our last few sources to come in the future. of data that they're connecting to in those cloud data warehouses. And for everyone at home watching thank you for joining

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Thought.Leaders Digital 2020 Panel + Outro


 

>>Yeah. Now I think we can all agree how valuable it is to hear from practitioners, and I want to thank the panel for sharing their knowledge with the community. One common challenge that I heard you all talk about was bringing your leadership and your teams along on the journey with you. We talk about this all the time and it is critical to have support from the top. Why? Because it directs the middle and then it enables bottoms up innovation effects from the cultural transformation that you guys all talked about. It seems like another common theme we heard is that you all prioritized data based decision making in your organizations, and you combine two of your most valuable assets to do that and create leverage employees on the front lines. And, of course, the data. There's rightly pointed out, Tom, the pandemic has accelerated the need for really leaning into this. You know the old saying, If it ain't broke, don't fix it, Will Cove. It is broken everything and and it's great to hear from our experts, you know how to move forward. So let's get right into it. So, Gustavo, let's start with you If I'm an aspiring change agent and let's say I'm a budding data leader, what do I need to start doing? What habits do I need to create for long lasting success? >>I think curiosity is very important. You need to be like I said in to what is happening not only in your specific feel, like I have a passion for analytics. I didn't do this for 50 years, Plus, but I think you need to understand well being other areas across not only a specific business, Aziz. You know, I come from, you know, Sam's Club. WalMart retail having energy management technology. So you have to try to put yourself and basically, what of your comfort, son? I mean, if you are staying in your comfort zone and you want to use one continuous improvement, that's just gonna take you. So far, what you have to do is, and that's what I try to do is I try to go into areas, businesses and transformations that make me, you know, stretch and develop a solider. That's what I'm looking to do so I can help transform the functions organizations and do the change management. The change of mindset is required for this kind of effort. >>Thank you for that. That is inspiring. And and Cindy, you love data, and the data is pretty clear that diversity is is a good business. But I wonder if you can you add your perspectives to this conversation? >>Yeah. So Michelle has a new fan here because she has found her voice. I'm still working on finding mine, and it's interesting because I was raised by my dad, a single dad. So he did teach me how toe work in a predominantly male environment. But why? I think diversity matters more now than ever before. And this is by gender, by race by age, by just different ways of working and thinking is because, as we automate things with a I, if we do not have diverse teams looking at the data and the models and how they're applied, we risk having bias at scale. So this is why I think I don't care what type of minority you are. Finding your voice, having a seat at the table and just believing in the impact of your work has never been more important. And and, as Michelle said, more possible >>great perspectives Thank you, Tom. I wanna go to you. I mean, I feel like everybody in our business is in some way, shape or form become a covert expert. But what's been the impact of the pandemic on your organization's digital transformation plant? >>We've seen a massive growth, actually, you know, in a digital business over the last 12 months, really even acceleration, right? Once, once covert hit, we really saw that, uh, that in the 200 countries and territories that we operate in today and service our customers and today that there has been a huge need, Right? Thio send money to support family, to support friends right and support loved ones across the world. And as part of that, you know, we were We are very honored to be to support those customers that we across all of Tucker's today. But it's part of the acceleration. We need to make sure that we had the right architecture and the right platforms to basically scale right to basically support and revive that kind of security for our customers going forward. So it's part of that way did do some some of pivots, and we did a accelerate some of our plans on digital help support that overall growth coming in and to support our customers going forward. Because during these times during this pandemic, right, this is the most important time we need to support those those that we love and those that we care about. And in doing that, some of those ways is actually, by sending money to them, support them financially. And that's where really, our products, our services, come into play that, you know, it really support those families. So it was really a great opportunity for us to really support and really bring some of our products to the next level and supporting our business going forward. >>Awesome. Thank you. Now I want to come back to Gustavo. Tom, I'd love you to chime in two. Did you guys ever think like you You were pushing the envelope too much and doing things with data or the technology that was just maybe too bold. Maybe you felt like at some point it was It was failing, or you're pushing your people too hard. Can you share that experience and how you got through it? >>Yeah, The way I look at it is, you know, again whenever I goto organization, I asked the question Hey, how fast you would like to transform and, you know, based on the agreements on the leadership and the vision that wanna take place, I take decisions and I collaborate in a specific way. Now, in the case of covet, for example, right, it forces us to remove silos and collaborate in a faster way. So to me, it was an opportunity to actually integrate with other areas and dr decisions faster. But make no mistake about it when you are doing a transformation, you are obviously trying to do things faster than sometimes people are comfortable doing. And you need to be okay with that. Sometimes you need to be okay with tension or you need to be okay. You know the betting points or making repetitive business cases until people connect with the decision because you understand. And you are seeing that Hey, the CEO is making a 12 year, you know, efficiency go. The only way for us to really do more with less is for us to continue this path. We cannot just stay with this type of school. We need to find a way to accelerate the transformation. That's the >>way. How about you talk? We were talking earlier with sedition, Cindy, about that bungee jumping moment. Do you? What could you share? >>Yeah, you know, I think you hit upon it. Uh, right now, the pace of change. When were the slowest pace that you see for the rest of your career? So as part of that right, that's what I tell my team is is that you need to be You need to feel comfortable being uncomfortable. I mean, that we get to be able to basically, uh, scale I expand and support that the ever changing needs the marketplace and industry and customers today in that pace of change that's happening, right? And what customers are asking for and the competition the marketplace, that's only going to accelerate. So as part of that, you know, as you look at what? How you're operating today in your current business model, right? Things are only going to get faster. So you have to plan into a line and to drive the actual transformation you so you can scale even faster in the future. So as part of that what we're putting in place here right is how do we create that underlying framework and foundation that allows the organization to basically continue to scale and evolve into the future? >>We're definitely out of our comfort zones, but we're getting comfortable with it. Cindy. Last question. You've worked with hundreds of organizations, and I got to believe that, you know, some of the advice I gave when you were at Gartner, which was pre co vid. You know, maybe sometimes clients didn't always act on it. You know, they're not on my watch for whatever variety of reasons, but it's being forced on them now. But knowing what you know, now that you know, we're all in this isolation economy, how would you say that? Advice has changed? Has it changed? What? What's your number one action and recommendation today? >>Yeah, well, first off, Tom just freaked me out. What do you mean? This is the slowest ever. Even six months ago, I was saying the pace of change in Data Analytics is frenetic. So But I think you're right, Tom. The business and the technology together is forcing this change. Now, Dave, to answer your question, I would say the one bit of advice. Maybe I was a little more very aware of the power and politics and how to bring people along in a way that they are comfortable. And now I think it's you know what? You can't get comfortable. In fact, we know that the organizations that were already in the cloud have been able Thio respond and pivot faster. So if you really want to survive, Aziz, Tom and Gustavo said, get used to being uncomfortable. The power and politics are gonna happen. Break the rules, get used to that and be bold. Do not do not be afraid to tell somebody they're wrong and they're not moving fast enough. I do think you have to do that with empathy. As Michelle said, and Gustavo, I think that's one of the key words today besides the bungee jumping. So I want to know where skiddish gonna go. Bungee >>jumping guys, Fantastic discussion, really, Thanks again, toe all the Panelists and the guests. It was really a pleasure speaking with you today, really, virtually all of the leaders that I've spoken to in the Cube program recently they tell me that the pandemic is accelerating so many things, whether it's new ways to work. We heard about new security models and obviously the need for cloud. I mean all of these things. Air driving, true enterprise wide digital transformation, not just a ZAY said before lip service. Sometimes we minimize the importance and the challenge of building culture and making this transformation possible. But when it's done right, the right culture is going to deliver tremendous, tremendous results. What does that mean? Getting it right? Everybody's trying to get it right. My biggest take away today is it means making data part of the DNA of your organization. And that means making it accessible to the people in your organization that are empowered to make decisions. Decisions that can drive you revenue could cost speed access to critical care. Whatever the mission is of your organization, data can create insights and informed decisions that Dr Value Okay, let's bring back side dish and wrap things up, so please bring us home. >>Thank you. Thank you, Dave. Thank you. The Cube team and thanks. Thanks. Goes toe all of our customers and partners who joined us. And thanks to all of you for spending the time with us, I want to do three quick things and then close it off. The first thing is, I want to summarize the key takeaways that I had from all four or four distinguished speakers. First Michelle, I was simply put it. She said it really well, that is be brave. And Dr Don't go for a drive along that it's such an important point. Often times you know the right thing that you have to do to make the positive change that you want to see happen. But you wait for someone else to do it, not just why not you? Why don't you be the one making That change happened? That's the thing that I picked Picked, picked up from Michelle's, uh, talk. Cindy talked about finding the importance of finding your voice, taking that chair, whether it's available or not, and making sure that your ideas your voices are heard, and if it requires some force and apply that force, make sure your ideas support. Gustavo talked about the importance of building consensus not going at things all alone, sometimes building the importance of building the core. Um, and that is critical because if you want the changes to last, you want to make sure that the organization is fully behind it. Tom, instead of a single take away. What I was inspired by is the fact that a company that 170 years old, 170 years old, 200 companies and 200 countries they're operating in, and they were able to make the change that is necessary through this difficult time. So in a matter of months, if they could do it, anyone could. The second thing I want to do is to leave you with a take away. That is, I would like you to go thought spot dot com slash NFL because our team has made an app for NFL on Snowflake. I think you will find this interesting now that you're inspired and excited because off Michelle stock and the last thing is please go to thought spot dot com slash beyond Our global user conference is happening in this December. We would loud toe have you join us. It's again virtual. You can join from any where we're expecting anywhere from 5 to 10,000 people. I would allowed to have you join Aunt uh see what we were up to since last year way have a lot of amazing things in store for you, our customers, our partners, our collaborators. They will be coming and sharing. You'll be sharing things that you've been working to release something that will come out next year. And also some of the crazy ideas of engineers have been hooking up. All of those things will be available for you at Fort Spot beyond. Thank you. Thank you so much.

Published Date : Oct 16 2020

SUMMARY :

is that you all prioritized data based decision making in your organizations, and you combine two of your So far, what you have to do is, And and Cindy, you love data, and just believing in the impact of your work has never been more important. the pandemic on your organization's digital transformation plant? And as part of that, you know, we were We are very honored to be to Tom, I'd love you to chime in two. I asked the question Hey, how fast you would like to transform and, What could you share? So as part of that right, that's what I tell my team is is that you need to be You need to feel comfortable But knowing what you know, now that you know, I do think you have to do that with empathy. Decisions that can drive you revenue could cost speed access to critical care. And thanks to all of you for spending the time with us,

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Cindi Howson, ThoughtSpot | Thought.Leaders Digital 2020


 

>>So we're going to take a hard pivot now and go from football to Ternopil Chernobyl. What went wrong? 1986, as the reactors were melting down, they had the data to say, this is going to be catastrophic. And yet the culture said, no, we're perfect. Hide it. Don't dare tell anyone which meant they went ahead and had celebrations in Kiev. Even though that increased the exposure, the additional thousands, getting cancer and 20,000 years before the ground around there and even be inhabited again, this is how powerful and detrimental a negative culture, a culture that is unable to confront the brutal facts that hides data. This is what we have to contend with, and this is why I want you to focus on having fostering a data driven culture. I don't want you to be a laggard. I want you to be a leader in using data to drive your digital transformation. >>So I'll talk about culture and technology. Isn't really two sides of the same coin, real world impacts, and then some best practices you can use to disrupt and innovate your culture. Now, oftentimes I would talk about culture and I talk about technology. And recently a CDO said to me, you know, Cindy, I actually think this is two sides of the same coin. One reflects the other. What do you think? Let me walk you through this. So let's take a laggard. What is the technology look like? Is it based on 1990s BI and reporting largely parameterized reports on premises, data, warehouses, or not even that operational reports at best one enterprise data warehouse, very slow moving and collaboration is only email. What does that culture tell you? Maybe there's a lack of leadership to change, to do the hard work that Sudheesh referred to, or is there also a culture of fear, afraid of failure, resistance to change complacency. >>And sometimes that complacency it's not because people are lazy. It's because they've been so beaten down every time a new idea is presented. It's like, no we're measured least cost to serve. So ticks and distrust there it's between business and it or individual stakeholders is the norm. So data is hoarded. Let's contrast that with a leader, a data and analytics leader, what is their technology look like? Augmented analytics search and AI driven insights, not on premises, but in the cloud and maybe multiple clouds. And the data is not in one place, but it's in a data Lake and in a data warehouse, a logical data warehouse, the collaboration is via newer methods, whether it's Slack or teams allowing for that real time decisioning or investigating a particular data point. So what is the culture in the leaders? It's transparent and trust. There is a trust that data will not be used to punish. >>There is an ability to confront the bad news. It's innovation, valuing innovation in pursuit of the company goals, whether it's the best fan experience and player safety in the NFL or best serving your customers. It's innovative and collaborative. There's none of this. Oh, well, I didn't invent that. I'm not going to look at that. There's still pride of ownership, but it's collaborating to get to a better place faster. And people feel empowered to present new ideas, to fail fast. And they're energized knowing that they're using the best technology and innovating at the pace that business requires. So data is democratized and democratized, not just for power users or analysts, but really at the point of impact what we like to call the new decision makers or really the frontline workers. So Harvard business review partnered with us to develop this study to say, just how important is this? >>They've been working at BI and analytics as an industry for more than 20 years. Why is it not at the front lines? Whether it's a doctor, a nurse, a coach, a supply chain manager, a warehouse manager, a financial services advisor, 87% said they would be more successful if frontline workers were empowered with data driven insights, but they recognize they need new technology to be able to do that. It's not about learning hard tools. The sad reality only 20% of organizations are actually doing this. These are the data-driven leaders. So this is the culture and technology. How did we get here? It's because state of the art keeps changing. So the first generation BI and analytics platforms were deployed on premises on small datasets, really just taking data out of ERP systems that were also on premises and state of the art was maybe getting a management report, an operational report over time, visual based data discovery vendors disrupted these traditional BI vendors, empowering now analysts to create visualizations with the flexibility on a desktop, sometimes larger data sometimes coming from a data warehouse, the current state of the art though, Gartner calls it augmented analytics at ThoughtSpot, we call it search and AI driven analytics. >>And this was pioneered for large scale data sets, whether it's on premises or leveraging the cloud data warehouses. And I think this is an important point. Oftentimes you, the data and analytics leaders will look at these two components separately, but you have to look at the BI and analytics tier in lockstep with your data architectures to really get to the granular insights and to leverage the capabilities of AI. Now, if you've never seen ThoughtSpot, I'll just show you what this looks like. Instead of somebody's hard coding of report, it's typing in search keywords and very robust keywords contains rank top bottom, getting to a visual visualization that then can be pinned to an existing Pinboard that might also contain insights generated by an AI engine. So it's easy enough for that new decision maker, the business user, the non analyst to create themselves modernizing the data and analytics portfolio is hard because the pace of change has accelerated. >>You used to be able to create an investment place. A bet for maybe 10 years, a few years ago, that time horizon was five years now, it's maybe three years and the time to maturity has also accelerated. So you have these different, the search and AI tier the data science, tier data preparation and virtualization. But I would also say equally important is the cloud data warehouse and pay attention to how well these analytics tools can unlock the value in these cloud data warehouses. So thoughts about was the first to market with search and AI driven insights, competitors have followed suit, but be careful if you look at products like power BI or SAP analytics cloud, they might demo well, but do they let you get to all the data without moving it in products like snowflake, Amazon Redshift, or, or Azure synapse or Google big query, they do not. >>They re require you to move it into a smaller in memory engine. So it's important how well these new products inter operate the pace of change. It's acceleration Gartner recently predicted that by 2020 to 65% of analytical queries will be generated using search or NLP or even AI. And that is roughly three times the prediction they had just a couple years ago. So let's talk about the real world impact of culture. And if you read any of my books or used any of the maturity models out there, whether the Gardner it score that I worked on, or the data warehousing Institute also has the maturity model. We talk about these five pillars to really become data driven. As Michelle spoke about it's focusing on the business outcomes, leveraging all the data, including new data sources, it's the talent, the people, the technology, and also the processes. >>And often when I would talk about the people in the talent, I would lump the culture as part of that. But in the last year, as I've traveled the world and done these digital events for thought leaders, you have told me now culture is absolutely so important. And so we've pulled it out as a separate pillar. And in fact, in polls that we've done in these events, look at how much more important culture is as a barrier to becoming data driven. It's three times as important as any of these other pillars. That's how critical it is. And let's take an example of where you can have great, but if you don't have the right culture, there's devastating impacts. And I will say I have been a loyal customer of Wells Fargo for more than 20 years, but look at what happened in the face of negative news with data, it said, Hey, we're not doing good cross selling customers do not have both a checking account and a credit card and a savings account and a mortgage. >>The opened fake accounts, basing billions in fines, change in leadership that even the CEO attributed to a toxic sales culture, and they're trying to fix this. But even recently there's been additional employee backlash saying the culture has not changed. Let's contrast that with some positive effects, samples, Medtronic, a worldwide company in 150 countries around the world. They may not be a household name to you, but if you have a loved one or yourself, you have a pacemaker spinal implant diabetes, you know, this brand and at the start of COVID when they knew their business would be slowing down, because hospitals would only be able to take care of COVID patients. They took the bold move of making their IP for ventilators publicly available. That is the power of a positive culture or Verizon, a major telecom organization looking at late payments of their customers. And even though the us federal government said, well, you can't turn them off. >>He said, we'll extend that even beyond the mandated guidelines and facing a slow down in the business because of the tough economy, he said, you know what? We will spend the time upskilling our people, giving them the time to learn more about the future of work, the skills and data and analytics for 20,000 of their employees, rather than furloughing them. That is the power of a positive culture. So how can you transform your culture to the best in class? I'll give you three suggestions, bring in a change agent, identify the relevance, or I like to call it with them and organize for collaboration. So the CDO, whatever your title is, chief analytics, officer chief, digital officer, you are the most important change agent. And this is where you will hear that. Oftentimes a change agent has to come from outside organization. So this is where, for example, in Europe, you have the CDO of just eat a takeout food delivery organization coming from the airline industry or in Australia, national Australian bank, taking a CDO within the same sector from TD bank going to NAB. >>So these change agents come in disrupt. It's a hard job. As one of you said to me, it often feels like Sisyphus. I make one step forward and I get knocked down again. I get pushed back. It is not for the faint of heart, but it's the most important part of your job. The other thing I'll talk about is with them, what is in it for me? And this is really about understanding the motivation, the relevance that data has for everyone on the frontline, as well as those analysts, as well as the executives. So if we're talking about players in the NFL, they want to perform better and they want to stay safe. That is why data matters to them. If we're talking about financial services, this may be a wealth management advisor, okay. We could say commissions, but it's really helping people have their dreams come true, whether it's putting their children through college or being able to retire without having to work multiple jobs still into your seventies or eighties for the teachers, teachers, you ask them about data. They'll say we don't, we don't need that. I care about the student. So if you can use data to help a student perform better, that is with them. And sometimes we spend so much time talking the technology, we forget what is the value we're trying to deliver with it? And we forget the impact on the people that it does require change. In fact, the Harvard business review study found that 44% said lack of change. Management is the biggest barrier to leveraging both new technology, but also being empowered to act on those data driven insights. >>The third point organize for collaboration. This does require diversity of thought, but also bringing the technology, the data and the business people together. Now there's not a single one size fits all model for data and analytics. At one point in time, even having a BICC a BI competency center was considered state of the art. Now for the biggest impact, what I recommend is that you have a federated model centralized for economies of scale. That could be the common data, but then in bed, these evangelists, these analysts of the future within every business unit, every functional domain. And as you see this top bar, all models are possible, but the hybrid model has the most impact the most leaders. So as we look ahead said to the months ahead to the year ahead and exciting time, because data is helping organizations better navigate a tough economy, lock in the customer loyalty. And I look forward to seeing how you foster that culture. That's collaborative with empathy and bring the best of technology, leveraging the cloud, all your data. So thank you for joining us at thoughtless.

Published Date : Oct 16 2020

SUMMARY :

and this is why I want you to focus on having fostering a CDO said to me, you know, Cindy, I actually think this And the data is not in one place, analysts, but really at the point of impact what Why is it not at the front lines? So it's easy enough for that new decision maker, the business user, So you have these different, the So let's talk about the real world impact of And let's take an example of where you can have great, in fines, change in leadership that even the CEO agent, identify the relevance, or I like to call it with them and organize Management is the biggest barrier to of technology, leveraging the cloud, all your data.

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Gustavo Canton | Thought.Leaders Digital 2020


 

>>so, everyone. My name is Gustavo Canton. And thank you so much, Cindy, for the intro, as you mentioned doing transformations, Uh, it's ah, you know, high for Harry word situation. I have in power many transformations and I have let many transformations, And what I can tell you is that it's really hard to predict the future. But if you have ah, North Star and you know where you're going, the one thing that I want you to take away from this discussion today is that you need to be evolved to evolve. And so in today, I'm gonna be talking about culture and data, and I'm gonna break this down in four areas. How do we get started? A barriers or opportunities, as I see it, the value of a I And also, how do you communicate? Especially now in the workforce off today, with so many different generations, you need to make sure that you are communicating in ways that are nontraditional sometimes, And so how do we get started? So I think the answer to that is you have to start for you yourself as a leader and stay tuned. And by that I mean you need to understand the only what is happening in your function or your field. But you have to be very into what is happening. Society, socioeconomically speaking well being, you know, the common example is a good example, and for me personally is an opportunity, because the number one core value that I have is well being. I believe that for human potential, for customers and communities to grow well being should be at the center off every decision >>and, as somebody mentioned, is great to be, you know, staying tuned and have to excuse it and the courage. But for me personally, to be honest toe have this courage. It's not about not being afraid. You're always afraid when you're making big changes in your swimming upstream. But what gives me the courage is the empathy part. Like I think, empathy is a huge component because every time I go into organization or a function, I try to listen very attentively to the needs of the business and what the leaders are trying to do. What I do it thinking about the mission of how do I make >>change for the bigger you know, workforce. So the bigger, good >>despite the fact that this might have, perhaps implications of my own self interest in my career, right, because you have to have that courage sometimes to make choices. There are no well saying, politically speaking, what are the right thing to do, >>and you have to push through it. So the bottom line for me is that I don't think they're transforming fast enough. And the reality is I speak with a lot of leaders and we have seen studies in the past. And what they show is that if you look at the forming barriers that are basically keeping us behind budget inability to act cultural issues, politics and lack of alignment, those are the top four. But the interesting thing is that as Cindy has mentioned, this topic about culture is actually getting getting more and more traction. And in 2018 there was a study from HBR, and it was about 45%. I believe today is about 55%. 60% of respondents say that this is the main area that we need to be focusing on. So again, for all those leaders and all the executives >>who understand and are aware that we need to transform, commit to the transformation and said a stay deadline to say, Hey, in two years, we're gonna make this happen. What do we need to do to empower and enable descent engines to make it happen? You need to make the tough choice. And so to me, when I speak about being bald, it's about making the right choices now. So I'll give examples of some of the roadblocks that I went through a side in the transformations, most recently a sin dimension, each neither. There are three main areas legacy mindset. And what that means is that we've been doing this in a specific way for a long time, and here is how we have been successful. We'll work in the past is not gonna work now. The opportunity there is that there is a lot of leaders who have a detail mindset, and they're open coming leaders that are perhaps not yet fully developed. We need to mentor those leaders and take bets on some of these telling, including young talent. >>We cannot be thinking in the past and just way for people you know, 3 to 5 years for them to develop because the world is going >>toe in a way that is super fast. The second area and this is specifically to implementation off a I. It is very interesting to me because just example that I have with gospel, right, we went on implementation and a lot of the way is the team functions of the leaders. Look at technology. They look at it from the prison, off the prior off success criteria for the traditional, the ice. And that's not gonna work again. The opportunity here is that you need to redefine what success looks like. In my case. I want the user experience off for work force. To be the same as user experience you have at home is a very simple concept. And so we need to think about how do we gain that user experience with this augmented analytics tools and then work backwards to have the right talent, processes and technology to enable that and finally and obviously with covet, ah, lot of pressuring organizations and companies toe, you know, do more with less. And the solution that most leaders I see are taking is to just minimize cause. Sometimes in cut budget, we have to do the opposite. We have to actually invest in growth areas. But do it by business. Question. Don't do it by function if you actually invest and these kind of solutions if you actually invest on developing, you're telling your leadership to Seymour digitally. If you actually invest on fixing your data platform, it's not just an incremental cost. It's Actually this investment is gonna upset all those hidden costs and inefficiencies that you have on your system because people are doing a lot of work and working very hard. But it's not efficiency, and it's not working in the weather. You might wanna work. So there is a lot of opportunity there just to put interest of perspective. They have in some studies in the past about, you know, how do we kind of measure the impact of data and obviously this is gonna vary by organization. Maturity is gonna is gonna be a lot of factors. I've been in companies who have very clean good data to work with, and I've been with companies that we have to start basically from scratch, so it all depends on your maturity level. But in this told him what I think it's interesting is they try to put attack line or attack price to what is the cause off? Incomplete data. So in this case, it's about 10 times as much to complete a unit for work when you have data that is flawed as supposed to have in perfect data. So let me put that just in perspective. Just as an example, right? Imagine you are trying to do something and you have to do 100 things in a project, and each time you do something is going to cost you a dollar. So if you have perfect data, the total cost of that project maybe $100. But now let's say you have 80% perfect data and 20% flow data by using this assumption that flow data is 10 times as costly as perfect data. Your total cost now becomes $280 supposed to $100. This just for you to really think about as a CEO CEO, you know C h r o C E o. Are we really paying attention and really closing the gaps that we have former their infrastructure? If we don't do that, it's hard sometimes to >>see this noble effect or to measure the overall impact. But as you can tell, the price that goes up very, very quickly. So now if I were to to say, how do I communicate this? Or how do I break through some of these challenges or some of these various Right? I think the key is I am in analytics. I know statistics, obviously, and a love modeling and, you know, data and optimization here and >>all that stuff. That's what I came to analytics. But now, as a leader in a change agent, I need to speak about value. And in this case, for example, for Schneider, there was a spackling call, three of your energy. So the number one thing that they were asking from the analytics team waas actually efficiency, which to me was very interesting. But once I understood that, I understood what kind of language to use, how they're connected to the overall strategy and basically, how to bring in the the right leaders because you need toe, you know, focus on the leaders that you're gonna make the most progress. You know, again. >>No effort, high value. You need to make sure you centralize all the data as you can. You need to bring in some kind of augmented analytics, you know, solution. And finally, you need to make a super simple for the, You know, in this case, I was working with the HR teams in other areas so they can have access to one portal. They don't have to be confused and looking for 10 different places to find information. I think if you can actually have those four foundational pillars obviously under the guise of having a data driven culture, that's when you can actually make the impact. So in our case, he waas about three years total transformation. But it waas two years for this component. Off augmented Alex. It took about two years to talk to, You know, I t get leadership, support, banking, budgeting, you know, get everybody on board, make sure this is sex criteria was correct. And we call this initiative people hundreds. I porta. It was actually launched in July of this year, and we were very excited, and the audience was very excited to do this in this case, we did or pilot in North America for many, many manufacturers, but One thing that is really important is as you bring along your audience on this, you know you're going from excel, you know, in some cases or tableau to others just like you know, those. But you need to really explain them. What is the difference and how these two can truly replace some of the spreadsheets or some of the views that you might have on these other kind of tools. Again, tableau. I think it's a really good to. There are other many tools that you might have in your took it. But in my case, personally, I feel that you need tohave one portal going back to see this point that really, truly enabled the >>end user. And I feel that this is the right solution for us, right? And I will show you some of the findings that we had in the pilot in the last two months. So this was a huge victory, and >>I will tell you why, because he took a lot of effort for us to get to this stage. And like I said, it's been years for us to kind of lady foundation, get the leadership and chasing cultures. So people can understand why you truly need to invest fundamental politics. And so what I'm showing here is an example off. How do we use basically, you know at all to capture in video the qualitative findings that we had, plus the quantitative insights that we have? So in this case or preliminary results, based on our ambition for three main metrics our safe user experience and adoption. So for our safe or ambition was to have 10 hours to be for employees safe on average, user experience or ambition was 4.5 and adoption, 80% in >>just two months, two months and a half of the pilot, we were able to achieve five hours. Can we? Per employee >>savings. I used to experience for 4.3 out of five and adoption of 50% really, really amazing work. But again, it takes a lot of collaboration for us to get to this stage from I t Legal communications. Obviously the operations things and the users, uh, in HR safety in other areas that might be basically stakeholders in this whole process. So, just to summarize, this kind of effort takes ah lot off energy. You are a change, >>agent, you need to have a courage to make the decision and understand that I feel that in this day and age, with all this destruction happening, we don't have a choice. We have to >>take the risk, right. And in this case, I feel a lot off satisfaction in how we were able to gain all these very souls for this organization and acting me the confident to know that the work has been done and we are now in a different stage for the organization. And so for me, it says to say thank you for everybody who has believed obviously in our vision, everybody who has believed in, you know, the world that we were trying to do and to make the life off are, you know, workforce or customers and community. Better as you can tell, there is a lot off effort. There is a lot of collaboration that is needed to do something like this. In the end, I feel very satisfied with the accomplishments of this transformation, and I just I just wanna tell for you If you are going right now, in a moment that you feel that you have to seem upstream. You know what With mentors. What with people in this in the industry that can help you out and guide you on this kindof transformation is not easy to do is high effort, but it is well worth it. And with that said, I hope you are well and it's been a pleasure talking to you activism tega.

Published Date : Oct 16 2020

SUMMARY :

So I think the answer to that is you have to and, as somebody mentioned, is great to be, you know, staying tuned and have to excuse change for the bigger you know, workforce. in my career, right, because you have to have that courage sometimes to make choices. And what they show is that if you look at the forming barriers And so to me, when I speak about being bald, To be the same as user experience you have at home is a very simple concept. But as you can tell, basically, how to bring in the the right leaders because you need toe, You need to make sure you centralize all the data as you can. And I will show you some of the findings that we had in the pilot in the last two months. How do we use basically, you know at all to just two months, two months and a half of the pilot, we were able to achieve five hours. just to summarize, this kind of effort takes ah lot off energy. agent, you need to have a courage to make the decision and understand that I feel that And so for me, it says to say thank you for everybody

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Tom Mazzaferro, Wesetern Union | Thought.Leaders Digital 2020


 

>>Yeah, very happy to be here. And, uh, looking forward Thio talking to all of you today. So as we look to move organizations to a data driven, uh, ability into the future, there is a lot that needs to be done on the data side, but also House Day to connect and enable different business teams and technology teams into the future. As you look across our data ecosystems and our platforms and and how we modernize that the cloud in the future, it all needs to basically work together, right to really be able to drive and opposition from my data standpoint into the future. That includes being able to have the right information for the right quality of data at the right time to drive informed business decisions to drive the business forward. As part of that, we actually have partnered with hot spot, uh, actually bringing the technology to help us drive that as part of that partnership. And it's how we've looked to integrate it into our overall business as a whole we've looked at How do we make sure that our that our business in our professional lives right are enabled in the same ways as our personal lives. So, for example, in your personal lives, when you want to go and find something out, what do you dio? You go on to google dot com, or you go on to being or going to Yahoo and you search for what you want. Search to find an answer. Thought spot for us is the same thing. But in the business world, so using thoughts, Bond and other AI capabilities, it's allowed us to actually enable our overall business teams in our company to actually have our information at our fingertips. So rather than having to go and talk to someone or an engineer to go pull information or football data, we actually can have the end users or the business executives right. Search for what they need, what they want at the exact time that actually needed to go on drive the business forward. This is truly one of those transformational things that we put in place. On top of that, we are on the journey to modernize our larger ecosystem as a whole. That includes modernizing our underlying data warehouses, our technology, our are a local environments and as we move that we've actually picked to our cloud providers going to A W S and D. C. P. We've also adopted Snowflake to really drive into organize our information and our data, then drive these new solutions and capabilities forward. So they portion of us, though, is culture. So how do we engage with the business teams and bring the the I T teams together to really have to drive these holistic end to end solution and capabilities to really support the actual business into the future? That's one of the keys here as we look to modernize and to really enhance our organizations to become data driven, this is the key. If you can really start to provide answers to business questions before they're even being asked and to predict based upon different economic trends or different trends in your business, what does this is to be made and actually provide those answers to the business teams before they even asking for it? That is really becoming a data driven organization, and as part of that, it's really that enables the business to act quickly and take advantage of opportunities as they come in. Based upon industry is based upon market is upon products, solutions or partnerships into the future. These are really some of the keys that become crucial as you move forward right into this into this new age, especially with Kobe it with Kobe now taking place across the world, right? Many of these markets, many of these digital transformations are accelerating and are changing rapidly to accommodate and support customers in these in these very difficult times. As part of that, you need to make sure you have the right underlying foundation, ecosystems and solutions to really drive those those capabilities and those solutions forward as we go through this journey boasted both of my career, but also each of your careers into the future, right. It also needs to evolve right. Technology has changed so drastically in the last 10 years that changes on Lee accelerating. So as part of that, you have to make sure that you stay up to speed up to date with new technology changes both on the platform standpoint tools but also what our customers want, what our customers need and how do we then service them with our information with our data, with our platform, with our products and our services to meet those needs and to really support and services customers into the future. This is all around becoming a more data driven organization, such as How do you use your data to support your current business lines? But how do you actually use your information your data to actually better support your customers to support your business? There's a port, your employees, your operations teams and so forth and really creating that full integration in that in that ecosystem is really when you talkto get large dividends from these investments into the future. That being said, I hope you enjoyed the segment on how to become and how to drive a data driven organization and looking forward to talking to you again soon. Thank you, Tom. >>That was great. Thanks so much. And now I'm gonna have to brag on you for a >>second as >>a change agent. You've come in >>disrupted. And how >>long have you been at Western Union? >>Only nine months. So just just started this year. But, uh, we've made some great opportunities and great changes, and we're a lot more to go, but we really driving things forward in partnership with our business teams and our colleagues to support those customers going forward

Published Date : Oct 16 2020

SUMMARY :

You go on to google dot com, or you go on to being or going to Yahoo And now I'm gonna have to brag on you for a You've come in And how to support those customers going forward

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Thought.Leaders Digital 2020


 

>> Voice Over: Data is at the heart of transformation, and the change every company needs to succeed. But it takes more than new technology. It's about teams, talent and cultural change. Empowering everyone on the front lines to make decisions, all at the speed of digital. The transformation starts with you, it's time to lead the way, it's time for thought leaders. (soft upbeat music) >> Welcome to Thought.Leaders a digital event brought to you by ThoughtSpot, my name is Dave Vellante. The purpose of this day is to bring industry leaders and experts together to really try and understand the important issues around digital transformation. We have an amazing lineup of speakers, and our goal is to provide you with some best practices that you can bring back and apply to your organization. Look, data is plentiful, but insights are not, ThoughtSpot is disrupting analytics, by using search and machine intelligence to simplify data analysis and really empower anyone with fast access to relevant data. But in the last 150 days, we've had more questions than answers. Creating an organization that puts data and insights at their core, requires not only modern technology but leadership, a mindset and a culture, that people often refer to as data-driven. What does that mean? How can we equip our teams with data and fast access to quality information that can turn insights into action? And today we're going to hear from experienced leaders who are transforming their organizations with data, insights, and creating digital first cultures. But before we introduce our speakers, I'm joined today by two of my co-hosts from ThoughtSpot. First, chief data strategy officer of the ThoughtSpot is Cindi Howson, Cindi is an analytics and BI expert with 20 plus years experience, and the author of Successful Business Intelligence: Unlock the Value of BI & Big Data. Cindi was previously the lead analyst at Gartner for the data and analytics Magic Quadrant. In early last year, she joined ThoughtSpot to help CEOs and their teams understand how best to leverage analytics and AI for digital transformation. Cindi great to see you, welcome to the show. >> Thank you Dave, nice to join you virtually. >> Now our second cohost and friend of theCUBE is ThoughtSpot CEO Sudheesh Nair Hello Sudheesh, how are you doing today? >> I'm well, good to talk to you again. >> That's great to see you, thanks so much for being here. Now Sudheesh, please share with us why this discussion is so important to your customers and of course to our audience, and what they're going to learn today. (upbeat music) >> Thanks Dave, I wish you were there to introduce me into every room that I walk into because you have such an amazing way of doing it. It makes me feel also good. Look, since we have all been you know, cooped up in our homes, I know that the vendors like us, we have amped up our sort of effort to reach out to you with, invites for events like this. So we are getting very more invites for events like this than ever before. So when we started planning for this, we had three clear goals that we wanted to accomplish. And our first one, that when you finish this and walk away, we want to make sure that you don't feel like it was a waste of time, we want to make sure that we value your time, then this is going to be used. Number two, we want to put you in touch with industry leaders and thought leaders, generally good people, that you want to hang around with long after this event is over. And number three, as we plan through this, you know we are living through these difficult times we want this event to be more of an uplifting and inspiring event too. Now, the challenge is how do you do that with the team being change agents, because teens and as much as we romanticize it, it is not one of those uplifting things that everyone wants to do or likes to do. The way I think of it, changes sort of like, if you've ever done bungee jumping, and it's like standing on the edges, waiting to make that one more step you know, all you have to do is take that one step and gravity will do the rest, but that is the hardest step today. Change requires a lot of courage, and when we are talking about data and analytics, which is already like such a hard topic not necessarily an uplifting and positive conversation most businesses, it is somewhat scary, change becomes all the more difficult. Ultimately change requires courage, courage to first of all, challenge the status quo. People sometimes are afraid to challenge the status quo because they are thinking that you know, maybe I don't have the power to make the change that the company needs, sometimes they feel like I don't have the skills, sometimes they may feel that I'm probably not the right person to do it. Or sometimes the lack of courage manifest itself as the inability to sort of break the silos that are formed within the organizations when it comes to data and insights that you talked about. You know, that are people in the company who are going to have the data because they know how to manage the data, how to inquire and extract, they know how to speak data, they have the skills to do that. But they are not the group of people who have sort of the knowledge, the experience of the business to ask the right questions off the data. So there is the silo of people with the answers, and there is a silo of people with the questions, and there is gap, this sort of silos are standing in the way of making that necessary change that we all know the business needs. And the last change to sort of bring an external force sometimes. It could be a tool, it could be a platform, it could be a person, it could be a process but sometimes no matter how big the company is or how small the company is you may need to bring some external stimuli to start the domino of the positive changes that are necessary. The group of people that we are brought in, the four people, including Cindi that you will hear from today are really good at practically telling you how to make that step, how to step off that edge, how to dress the rope, that you will be safe and you're going to have fun, you will have that exhilarating feeling of jumping for a bungee jump, all four of them are exceptional, but my owner is to introduce Michelle. And she's our first speaker, Michelle I am very happy after watching our presentation and reading your bio that there are no country vital worldwide competition for cool parents, because she will beat all of us. Because when her children were small, they were probably into Harry Potter and Disney and she was managing a business and leading change there. And then as her kids grew up and got to that age where they like football and NFL, guess what? She's the CIO of NFL, what a cool mom. I am extremely excited to see what she's going to talk about. I've seen this slides, a bunch of amazing pictures, I'm looking to see the context behind it, I'm very thrilled to make that client so far, Michelle, I'm looking forward to her talk next. Welcome Michelle, it's over to you. (soft upbeat music) >> I'm delighted to be with you all today to talk about thought leadership. And I'm so excited that you asked me to join you because today I get to be a quarterback. I always wanted to be one, and I thought this is about as close as I'm ever going to get. So I want to talk to you about quarterbacking our digital revolution using insights data, and of course as you said, leadership. First a little bit about myself, a little background as I said, I always wanted to play football, and this is something that I wanted to do since I was a child, but when I grew up, girls didn't get to play football. I'm so happy that that's changing and girls are now doing all kinds of things that they didn't get to do before. Just this past weekend on an NFL field, we had a female coach on two sidelines, and a female official on the field. I'm a lifelong fan and student of the game of football, I grew up in the South, you can tell from the accent and in the South is like a religion and you pick sides. I chose Auburn University working in the Athletic Department, so I'm testament to you can start the journey can be long it took me many, many years to make it into professional sports. I graduated in 1987 and my little brother, well, not actually not so little, he played offensive line for the Alabama Crimson Tide. And for those of you who know SEC football you know, this is a really big rivalry. And when you choose sides, your family is divided, so it's kind of fun for me to always tell the story that my dad knew his kid would make it to the NFL he just bet on the wrong one. My career has been about bringing people together for memorable moments at some of America's most iconic brands. Delivering memories and amazing experiences that delight from Universal Studios, Disney to my current position as CIO of the NFL. In this job I'm very privileged to have the opportunity to work with the team, that gets to bring America's game to millions of people around the world. Often I'm asked to talk about how to create amazing experiences for fans, guests, or customers. But today I really wanted to focus on something different and talk to you about being behind the scenes and backstage. Because behind every event every game, every awesome moment is execution, precise repeatable execution. And most of my career has been behind the scenes, doing just that, assembling teams to execute these plans, and the key way that companies operate at these exceptional levels, is making good decisions, the right decisions at the right time and based upon data, so that you can translate the data into intelligence and be a data-driven culture. Using data and intelligence is an important way that world-class companies do differentiate themselves. And it's the lifeblood of collaboration and innovation. Teams that are working on delivering these kinds of world-class experiences are often seeking out and leveraging next generation technologies and finding new ways to work. I've been fortunate to work across three decades of emerging experiences, which each required emerging technologies to execute. A little bit first about Disney, in the 90s I was at Disney, leading a project called destination Disney, which it's a data project, it was a data project, but it was CRM before CRM was even cool. And then certainly before anything like a data-driven culture was ever brought up. But way back then we were creating a digital backbone that enabled many technologies for the things that you see today, like the magic band, just these magical express. My career at Disney began in finance, but Disney was very good about rotating you around, and it was during one of these rotations that I became very passionate about data. I kind of became a pain in the butt to the IT team, asking for data more and more data. And I learned that all of that valuable data was locked up in our systems, all of our point of sales systems, our reservation systems, our operation systems, and so I became a shadow IT person in marketing, ultimately leading to moving into IT, and I haven't looked back since. In the early 2000s I was at Universal Studios Theme Park as their CIO, preparing for and launching the wizarding world of Harry Potter. Bringing one of history's most memorable characters to life required many new technologies and a lot of data. Our data and technologies were embedded into the rides and attractions. I mean, how do you really think a wand selects you at a wine shop. As today at the NFL, I am constantly challenged to do leading edge technologies using things like sensors, AI, machine learning, and all new communication strategies, and using data to drive everything from player performance, contracts to where we build new stadiums and hold events. With this year being the most challenging, yet rewarding year in my career at the NFL. In the middle of a global pandemic, the way we are executing on our season is leveraging data from contract tracing devices joined with testing data. Talk about data, actually enabling your business without it we wouldn't be having a season right now. I'm also on the board of directors of two public companies, where data and collaboration are paramount. First RingCentral, it's a cloud based unified communications platform, and collaboration with video message and phone, all in one solution in the cloud. And Quotient Technologies, whose product is actually data. The tagline at quotient is the result in knowing. I think that's really important, because not all of us are data companies, where your product is actually data. But we should operate more like your product is data. I'd also like to talk to you about four areas of things to think about, as thought leaders in your companies. First just hit on it is change, how to be a champion and a driver of change. Second, how to use data to drive performance for your company, and measure performance of your company. Third, how companies now require intense collaboration to operate, and finally, how much of this is accomplished through solid data-driven decisions. First let's hit on change. I mean, it's evident today more than ever, that we are in an environment of extreme change. I mean, we've all been at this for years and as technologists we've known it, believed it, lived it, and thankfully for the most part knock on wood we were prepared for it. But this year everyone's cheese was moved, all the people in the back rooms, IT, data architects and others, were suddenly called to the forefront. Because a global pandemic has turned out to be the thing that is driving intense change in how people work and analyze their business. On March 13th, we closed our office at the NFL in the middle of preparing for one of our biggest events, our kickoff event, the 2020 Draft. We went from planning, a large event in Las Vegas under the bright lights red carpet stage to smaller events in club facilities. And then ultimately to one where everyone coaches, GMs, prospects and even our commissioner were at home in their basements. And we only had a few weeks to figure it out. I found myself for the first time being in the live broadcast event space, talking about bungee dress jumping, this is really what it felt like. It was one in which no one felt comfortable, because it had not been done before. But leading through this, I stepped up, but it was very scary, it was certainly very risky but it ended up being Oh, so rewarding when we did it. And as a result of this, some things will change forever. Second, managing performance. I mean, data should inform how you're doing and how to get your company to perform at this level, highest level. As an example, the NFL has always measured performance obviously, and it is one of the purest examples of how performance directly impacts outcome. I mean, you can see performance on the field, you can see points being scored and stats, and you immediately know that impact, those with the best stats, usually win the games. The NFL has always recorded stats, since the beginning of time, here at the NFL a little this year as our 100 and first year and athletes ultimate success as a player has also always been greatly impacted by his stats. But what has changed for us, is both how much more we can measure, and the immediacy with which it can be measured. And I'm sure in your business, it's the same, the amount of data you must have has got to have quadrupled recently and how fast you need it and how quickly you need to analyze it, is so important. And it's very important to break the silos between the keys to the data and the use of the data. Our next generation stats platform is taking data to a next level, it's powered by Amazon Web Services, and we gathered this data real time from sensors that are on players' bodies. We gather it in real time, analyze it, display it online and on broadcast, and of course it's used to prepare week to week in addition to what is a normal coaching plan would be. We can now analyze, visualize, route patterns speed, matchups, et cetera, so much faster than ever before. We're continuing to roll out sensors too, that we'll gather more and more information about player's performance as it relates to their health and safety. The third trend is really I think it's a big part of what we're feeling today and that is intense collaboration. And just for sort of historical purposes it's important to think about for those of you that are IT professionals and developers, you know more than 10 years ago, agile practices began sweeping companies or small teams would work together rapidly in a very flexible, adaptive and innovative way, and it proved to be transformational. However today, of course, that is no longer just small teams the next big wave of change, and we've seen it through this pandemic is that it's the whole enterprise that must collaborate and be agile. If I look back on my career when I was at Disney, we owned everything 100%, we made a decision, we implemented it, we were a collaborative culture but it was much easier to push change because you own the whole decision. If there was buy in from the top down, you got the people from the bottom up to do it, and you executed. At Universal, we were a joint venture, our attractions and entertainment was licensed, our hotels were owned and managed by other third parties. So influence and collaboration and how to share across companies became very important. And now here I am at the NFL and even the bigger ecosystem. We have 32 clubs that are all separate businesses 31 different stadiums that are owned by a variety of people. We have licensees, we have sponsors, we have broadcast partners. So it seems that as my career has evolved centralized control has gotten less and less and has been replaced by intense collaboration not only within your own company, but across companies. The ability to work in a collaborative way across businesses and even other companies that has been a big key to my success in my career. I believe this whole vertical integration and big top down decision making is going by the wayside in favor of ecosystems that require cooperation, yet competition to coexist. I mean the NFL is a great example of what we call coopertition, which is cooperation and competition. When in competition with each other, but we cooperate to make the company the best it can be. And at the heart of these items really are data-driven decisions and culture. Data on its own isn't good enough, you must be able to turn it to insights, partnerships between technology teams who usually hold the keys to the raw data, and business units who have the knowledge to build the right decision models is key. If you're not already involved in this linkage, you should be, data mining isn't new for sure. The availability of data is quadrupling and it's everywhere. How do you know what to even look at? How do you know where to begin? How do you know what questions to ask? It's by using the tools that are available for visualization and analytics and knitting together strategies of the company. So it begins with first of all making sure you do understand the strategy of the company. So in closing, just to wrap up a bit, many of you joined today looking for thought leadership on how to be a change agent, a change champion, and how to lead through transformation. Some final thoughts are be brave, and drive, don't do the ride along program, it's very important to drive, driving can be high risk but it's also high reward. Embracing the uncertainty of what will happen, is how you become brave, get more and more comfortable with uncertainty be calm and let data be your map on your journey, thanks. >> Michelle, thank you so much. So you and I share a love of data, and a love of football. You said you want to be the quarterback, I'm more an old wine person. (Michelle laughing) >> Well, then I can do my job without you. >> Great, and I'm getting the feeling now you know, Sudheesh is talking about bungee jumping. My boat is when we're past this pandemic, we both take them to the Delaware Water Gap and we do the cliff jumping. >> That sounds good, I'll watch. >> You'll watch, okay, so Michelle, you have so many stakeholders when you're trying to prioritize the different voices, you have the players, you have the owners you have the league, as you mentioned to the broadcasters your, your partners here and football mamas like myself. How do you prioritize when there's so many different stakeholders that you need to satisfy? I think balancing across stakeholders starts with aligning on a mission. And if you spend a lot of time understanding where everyone's coming from, and you can find the common thread ties them all together you sort of do get them to naturally prioritize their work, and I think that's very important. So for us at the NFL, and even at Disney, it was our core values and our core purpose is so well known, and when anything challenges that we're able to sort of lay that out. But as a change agent, you have to be very empathetic, and I would say empathy is probably your strongest skill if you're a change agent. And that means listening to every single stakeholder even when they're yelling at you, even when they're telling you your technology doesn't work and you know that it's user error, or even when someone is just emotional about what's happening to them and that they're not comfortable with it. So I think being empathetic and having a mission and understanding it, is sort of how I prioritize and balance. >> Yeah, empathy, a very popular word this year. I can imagine those coaches and owners yelling. So I thank you for your metership here. So Michelle, I look forward to discussing this more with our other customers and disruptors joining us in a little bit. (soft upbeat music) >> So we're going to take a hard pivot now and go from football to Chernobyl, Chernobyl, what went wrong? 1986, as the reactors were melting down they had the data to say, this is going to be catastrophic and yet the culture said, "No, we're perfect, hide it. Don't dare tell anyone," which meant they went ahead and had celebrations in Kiev. Even though that increased the exposure the additional thousands getting cancer, and 20,000 years before the ground around there and even be inhabited again, This is how powerful and detrimental a negative culture, a culture that is unable to confront the brutal facts that hides data. This is what we have to contend with, and this is why I want you to focus on having fostering a data-driven culture. I don't want you to be a laggard, I want you to be a leader in using data to drive your digital transformation. So I'll talk about culture and technology, isn't really two sides of the same coin, real-world impacts and then some best practices you can use to disrupt and innovate your culture. Now, oftentimes I would talk about culture and I talk about technology, and recently a CDO said to me, "You know Cindi, I actually think this is two sides of the same coin. One reflects the other, what do you think?" Let me walk you through this, so let's take a laggard. What is the technology look like? Is it based on 1990s BI and reporting largely parameterized reports on-premises data warehouses, or not even that operational reports, at best one enterprise data warehouse very slow moving and collaboration is only email. What does that culture tell you? Maybe there's a lack of leadership to change, to do the hard work that Sudheesh referred to. Or is there also a culture of fear, afraid of failure, resistance to change complacency and sometimes that complacency it's not because people are lazy, it's because they've been so beaten down every time a new idea is presented. It's like, no we're measured on least cost to serve. So politics and distrust, whether it's between business and IT or individual stakeholders is the norm. So data is hoarded, let's contrast that with a leader, a data and analytics leader, what is their technology look like? Augmented analytics, search and AI-driven insights not on-premises, but in the cloud and maybe multiple clouds. And the data is not in one place, but it's in a data lake, and in a data warehouse, a logical data warehouse. The collaboration is being a newer methods whether it's Slack or teams allowing for that real time decisioning or investigating a particular data point. So what is the culture in the leaders? It's transparent and trust, there is a trust that data will not be used to punish, that there is an ability to confront the bad news. It's innovation, valuing innovation in pursuit of the company goals, whether it's the best fan experience and player safety in the NFL or best serving your customers. It's innovative and collaborative. There's none of this, oh, well, I didn't invent that, I'm not going to look at that. There's still pride of ownership, but it's collaborating to get to a better place faster. And people feel empowered to present new ideas to fail fast, and they're energized, knowing that they're using the best technology and innovating at the pace that business requires. So data is democratized and democratized, not just for power users or analysts, but really at the point of impact what we like to call the new decision makers. Or really the frontline workers. So Harvard business review partnered with us to develop this study to say, just how important is this? They've been working at BI and analytics as an industry for more than 20 years. Why is it not at the front lines? Whether it's a doctor, a nurse, a coach, a supply chain manager a warehouse manager, a financial services advisor. 87% said they would be more successful if frontline workers were empowered with data-driven insights, but they recognize they need new technology to be able to do that. It's not about learning hard tools, the sad reality only 20% of organizations are actually doing this, these are the data-driven leaders. So this is the culture and technology, how did we get here? It's because state of the art keeps changing. So the first generation BI and analytics platforms were deployed on-premises, on small datasets really just taking data out of ERP systems that were also on-premises, and state of the art was maybe getting a management report, an operational report. Over time visual based data discovery vendors, disrupted these traditional BI vendors, empowering now analysts to create visualizations with the flexibility on a desktop, sometimes larger data sometimes coming from a data warehouse, the current state of the art though, Gartner calls it augmented analytics, at ThoughtSpot, we call it search and AI-driven analytics. And this was pioneered for large scale data sets, whether it's on-premises or leveraging the cloud data warehouses, and I think this is an important point. Oftentimes you, the data and analytics leaders, will look at these two components separately, but you have to look at the BI and analytics tier in lockstep with your data architectures to really get to the granular insights, and to leverage the capabilities of AI. Now, if you've never seen ThoughtSpot I'll just show you what this looks like, instead of somebody's hard coding a report, it's typing in search keywords and very robust keywords contains rank, top, bottom getting to a visualization that then can be pinned to an existing Pinboard that might also contain insights generated by an AI engine. So it's easy enough for that new decision maker, the business user, the non analyst to create themselves. Modernizing the data and analytics portfolio is hard, because the pace of change has accelerated. You used to be able to create an investment, place a bet for maybe 10 years. A few years ago, that time horizon was five years, now it's maybe three years, and the time to maturity has also accelerated. So you have these different components the search and AI tier, the data science tier, data preparation and virtualization. But I would also say equally important is the cloud data warehouse. And pay attention to how well these analytics tools can unlock the value in these cloud data warehouses. So ThoughtSpot was the first to market with search and AI-driven insights. Competitors have followed suit, but be careful if you look at products like Power BI or SAP Analytics Cloud, they might demo well, but do they let you get to all the data without moving it in products like Snowflake, Amazon Redshift or Azure Synapse or Google BigQuery, they do not. They require you to move it into a smaller in memory engine. So it's important how well these new products inter operate. The pace of change, it's acceleration, Gartner recently predicted that by 2022, 65% of analytical queries will be generated using search or NLP or even AI, and that is roughly three times the prediction they had just a couple years ago. So let's talk about the real world impact of culture. And if you've read any of my books or used any of the maturity models out there whether the Gartner IT score that I worked on, or the data warehousing institute also has a maturity model. We talk about these five pillars to really become data-driven, as Michelle spoke about, it's focusing on the business outcomes, leveraging all the data, including new data sources. It's the talent, the people, the technology, and also the processes, and often when I would talk about the people in the talent, I would lump the culture as part of that. But in the last year, as I've traveled the world and done these digital events for thought leaders you have told me now culture is absolutely so important. And so we've pulled it out as a separate pillar, and in fact, in polls that we've done in these events, look at how much more important culture is, as a barrier to becoming data-driven. It's three times as important as any of these other pillars. That's how critical it is, and let's take an example of where you can have great data but if you don't have the right culture there's devastating impacts. And I will say, I have been a loyal customer of Wells Fargo for more than 20 years, but look at what happened in the face of negative news with data, that said, "Hey, we're not doing good cross selling, customers do not have both a checking account and a credit card and a savings account and a mortgage." They opened fake accounts, facing billions in fines, change in leadership, that even the CEO attributed to a toxic sales culture, and they're trying to fix this. But even recently there's been additional employee backlash saying that culture has not changed. Let's contrast that with some positive examples, Medtronic a worldwide company in 150 countries around the world, they may not be a household name to you, but if you have a loved one or yourself, you have a pacemaker, spinal implant, diabetes you know, this brand. And at the start of COVID when they knew their business would be slowing down, because hospitals would only be able to take care of COVID patients, they took the bold move of making their IP for ventilators publicly available, that is the power of a positive culture. Or Verizon, a major telecom organization, looking at late payments of their customers, and even though the US federal government said "Well, you can't turn them off." They said, "We'll extend that even beyond the mandated guidelines," and facing a slow down in the business because of the tough economy, he said, "You know what? We will spend the time upskilling our people giving them the time to learn more about the future of work, the skills and data and analytics," for 20,000 of their employees, rather than furloughing them. That is the power of a positive culture. So how can you transform your culture to the best in class? I'll give you three suggestions, bring in a change agent identify the relevance, or I like to call it WIIFM, and organize for collaboration. So the CDO whatever your title is, chief analytics officer chief digital officer, you are the most important change agent. And this is where you will hear, that oftentimes a change agent has to come from outside the organization. So this is where, for example in Europe, you have the CDO of Just Eat takeout food delivery organization, coming from the airline industry or in Australia, National Australian Bank, taking a CDO within the same sector from TD Bank going to NAB. So these change agents come in disrupt, it's a hard job. As one of you said to me, it often feels like Sisyphus, I make one step forward and I get knocked down again, I get pushed back. It is not for the faint of heart, but it's the most important part of your job. The other thing I'll talk about is WIIFM, what is in it for me? And this is really about understanding the motivation, the relevance that data has for everyone on the frontline as well as those analysts, as well as the executives. So if we're talking about players in the NFL they want to perform better, and they want to stay safe. That is why data matters to them. If we're talking about financial services this may be a wealth management advisor, okay, we could say commissions, but it's really helping people have their dreams come true whether it's putting their children through college, or being able to retire without having to work multiple jobs still into your 70s or 80s. For the teachers, teachers, you asked them about data, they'll say, "We don't need that, I care about the student." So if you can use data to help a student perform better that is WIIFM. And sometimes we spend so much time talking the technology, we forget what is the value we're trying to deliver with it. And we forget the impact on the people that it does require change. In fact, the Harvard Business Review Study, found that 44% said lack of change management is the biggest barrier to leveraging both new technology but also being empowered to act on those data-driven insights. The third point, organize for collaboration. This does require diversity of thought, but also bringing the technology, the data and the business people together. Now there's not a single one size fits all model for data and analytics. At one point in time, even having a BICC, a BI Competency Center was considered state of the art. Now for the biggest impact, what I recommend is that you have a federated model, centralized for economies of scale, that could be the common data, but then in bed, these evangelists, these analysts of the future, within every business unit, every functional domain, and as you see this top bar, all models are possible but the hybrid model has the most impact, the most leaders. So as we look ahead to the months ahead, to the year ahead, an exciting time, because data is helping organizations better navigate a tough economy lock in the customer loyalty, and I look forward to seeing how you foster that culture that's collaborative with empathy and bring the best of technology, leveraging the cloud, all your data. So thank you for joining us at thought leaders, and next I'm pleased to introduce our first change agent Thomas Mazzaferro, chief data officer of Western Union, and before joining Western Union, Tom made his mark at HSBC and JP Morgan Chase spearheading digital innovation in technology operations, risk compliance, and retail banking. Tom, thank you so much for joining us today. (soft upbeat music) >> Very happy to be here and looking forward to talking to all of you today. So as we look to move organizations to a data-driven capability into the future, there is a lot that needs to be done on the data side, but also how does data connect and enable, different business teams and technology teams into the future. As we look across our data ecosystems and our platforms and how we modernize that to the cloud in the future, it all needs to basically work together, right? To really be able to drive over the shift from a data standpoint, into the future. That includes being able to have the right information with the right quality of data at the right time to drive informed business decisions, to drive the business forward. As part of that, we actually have partnered with ThoughtSpot to actually bring in the technology to help us drive that, as part of that partnership, and it's how we've looked to integrated into our overall business as a whole. We've looked at how do we make sure that our business and our professional lives, right? Are enabled in the same ways as our personal lives. So for example, in your personal lives, when you want to go and find something out, what do you do? You go on to google.com or you go on to Bing, or go to Yahoo and you search for what you want, search to find an answer. ThoughtSpot for us as the same thing, but in the business world. So using ThoughtSpot and other AI capability is allowed us to actually enable our overall business teams in our company, to actually have our information at our fingertips. So rather than having to go and talk to someone or an engineer to go pull information or pull data, we actually can have the end users or the business executives, right? Search for what they need, what they want, at the exact time that action needed, to go and drive the business forward. This is truly one of those transformational things that we've put in place. On top of that, we are on the journey to modernize our larger ecosystem as a whole. That includes modernizing our underlying data warehouses, our technology or our (indistinct) environments, and as we move that we've actually picked to our cloud providers going to AWS and GCP. We've also adopted Snowflake to really drive into organize our information and our data, then drive these new solutions and capabilities forward. So big portion of us though is culture, so how do we engage with the business teams and bring the IT teams together to really drive these holistic end to end solutions and capabilities, to really support the actual business into the future. That's one of the keys here, as we look to modernize and to really enhance our organizations to become data-driven, this is the key. If you can really start to provide answers to business questions before they're even being asked, and to predict based upon different economic trends or different trends in your business, what does is be made and actually provide those answers to the business teams before they're even asking for it. That is really becoming a data-driven organization. And as part of that, it's really then enables the business to act quickly and take advantage of opportunities as they come in based upon industries, based upon markets, based upon products, solutions, or partnerships into the future. These are really some of the keys that become crucial as you move forward right into this new age, especially with COVID, with COVID now taking place across the world, right? Many of these markets, many of these digital transformations are celebrating, and are changing rapidly to accommodate and to support customers in these very difficult times. As part of that, you need to make sure you have the right underlying foundation, ecosystems and solutions to really drive those capabilities, and those solutions forward. As we go through this journey, both of my career but also each of your careers into the future, right? It also needs to evolve, right? Technology has changed so drastically in the last 10 years, and that change is only a celebrating. So as part of that, you have to make sure that you stay up to speed, up to date with new technology changes both on the platform standpoint, tools, but also what our customers want, what do our customers need, and how do we then surface them with our information, with our data, with our platform, with our products and our services, to meet those needs and to really support and service those customers into the future. This is all around becoming a more data-driven organization such as how do you use your data to support the current business lines. But how do you actually use your information your data, to actually better support your customers better support your business, better support your employees, your operations teams and so forth, and really creating that full integration in that ecosystem is really when you start to get large dividends from these investments into the future. With that being said I hope you enjoyed the segment on how to become and how to drive a data-driven organization, and looking forward to talking to you again soon, thank you. >> Tom, that was great, thanks so much. Now I'm going to have to brag on you for a second, as a change agent you've come in disrupted, and how long have you been at Western Union? >> Only nine months, I just started this year, but there'd be some great opportunities and big changes, and we have a lot more to go, but we're really driving things forward in partnership with our business teams, and our colleagues to support those customers forward. >> Tom, thank you so much that was wonderful. And now I'm excited to introduce you to Gustavo Canton, a change agent that I've had the pleasure of working with meeting in Europe, and he is a serial change agent. Most recently with Schneider Electric, but even going back to Sam's Club, Gustavo welcome. (soft upbeat music) >> So hi everyone my name is Gustavo Canton and thank you so much Cindi for the intro. As you mentioned, doing transformations is a you know, high effort, high reward situation. I have empowerment in transformation and I have led many transformations. And what I can tell you is that it's really hard to predict the future, but if you have a North Star and you know where you're going, the one thing that I want you to take away from this discussion today, is that you need to be bold to evolve. And so in today, I'm going to be talking about culture and data, and I'm going to break this down in four areas. How do we get started barriers or opportunities as I see it, the value of AI, and also how do you communicate, especially now in the workforce of today with so many different generations, you need to make sure that you are communicating in ways that are nontraditional sometimes. And so how do we get started? So I think the answer to that is, you have to start for you, yourself as a leader and stay tuned. And by that, I mean you need to understand not only what is happening in your function or your field, but you have to be very into what is happening in society, socioeconomically speaking, wellbeing, you know, the common example is a great example. And for me personally, it's an opportunity because the number one core value that I have is wellbeing. I believe that for human potential, for customers and communities to grow, wellbeing should be at the center of every decision. And as somebody mentioned, it's great to be you know, stay in tune and have the skillset and the courage. But for me personally, to be honest to have this courage is not about not being afraid. You're always afraid when you're making big changes and your swimming upstream. But what gives me the courage is the empathy part, like I think empathy is a huge component because every time I go into an organization or a function, I try to listen very attentively to the needs of the business, and what the leaders are trying to do, what I do it thinking about the mission of how do I make change for the bigger, you know workforce so the bigger good, despite the fact that this might have a perhaps implication, so my own self interest in my career, right? Because you have to have that courage sometimes to make choices, that are not well seeing politically speaking what are the right thing to do, and you have to push through it. So the bottom line for me is that, I don't think they're transforming fast enough. And the reality is I speak with a lot of leaders and we have seen stories in the past, and what they show is that if you look at the four main barriers, that are basically keeping us behind budget, inability to add, cultural issues, politics, and lack of alignment, those are the top four. But the interesting thing is that as Cindi has mentioned, this topic about culture is actually gaining more and more traction, and in 2018, there was a story from HBR and it was for about 45%. I believe today, it's about 55%, 60% of respondents say that this is the main area that we need to focus on. So again, for all those leaders and all the executives who understand, and are aware that we need to transform, commit to the transformation and set us deadline to say, "Hey, in two years, we're going to make this happen, what do we need to do to empower and enable these search engines to make it happen?" You need to make the tough choices. And so to me, when I speak about being bold is about making the right choices now. So I'll give you samples of some of the roadblocks that I went through, as I think the intro information most recently as Cindi mentioned in Schneider. There are three main areas, legacy mindset, and what that means is that we've been doing this in a specific way for a long time, and here is how we have been successful. We're working the past is not going to work now, the opportunity there is that there is a lot of leaders who have a digital mindset, and their up and coming leaders that are perhaps not yet fully developed. We need to mentor those leaders and take bets on some of these talents, including young talent. We cannot be thinking in the past and just wait for people you know, three to five years for them to develop, because the world is going to in a way that is super fast. The second area and this is specifically to implementation of AI is very interesting to me, because just example that I have with ThoughtSpot, right? We went to an implementation and a lot of the way the IT team functions, so the leaders look at technology, they look at it from the prism of the prior or success criteria for the traditional BIs, and that's not going to work. Again, your opportunity here is that you need to really find what success look like, in my case, I want the user experience of our workforce to be the same as your experience you have at home. It's a very simple concept, and so we need to think about how do we gain that user experience with this augmented analytics tools, and then work backwards to have the right talent, processes and technology to enable that. And finally, and obviously with COVID a lot of pressure in organizations and companies to do more with less, and the solution that most leaders I see are taking is to just minimize cost sometimes and cut budget. We have to do the opposite, we have to actually invest some growth areas, but do it by business question. Don't do it by function, if you actually invest in these kind of solutions, if you actually invest on developing your talent, your leadership, to see more digitally, if you actually invest on fixing your data platform is not just an incremental cost, it's actually this investment is going to offset all those hidden costs and inefficiencies that you have on your system, because people are doing a lot of work in working very hard but it's not efficiency, and it's not working in the way that you might want to work. So there is a lot of opportunity there, and you just to put it into some perspective, there have been some studies in the past about you know, how do we kind of measure the impact of data? And obviously this is going to vary by organization, maturity there's going to be a lot of factors. I've been in companies who have very clean, good data to work with, and I think with companies that we have to start basically from scratch. So it all depends on your maturity level, but in this study what I think is interesting is, they try to put a tagline or attack price to what is a cost of incomplete data. So in this case, it's about 10 times as much to complete a unit of work, when you have data that is flawed as opposed to have imperfect data. So let me put that just in perspective, just as an example, right? Imagine you are trying to do something and you have to do 100 things in a project, and each time you do something it's going to cost you a dollar. So if you have perfect data, the total cost of that project might be a $100. But now let's say you have any percent perfect data and 20% flow data, by using this assumption that flow data is 10 times as costly as perfect data, your total costs now becomes $280 as opposed to $100, this just for you to really think about as a CIO, CTO, you know CSRO, CEO, are we really paying attention and really closing the gaps that we have on our infrastructure? If we don't do that, it's hard sometimes to see the snowball effect or to measure the overall impact, but as you can tell, the price tag goes up very, very quickly. So now, if I were to say, how do I communicate this? Or how do I break through some of these challenges or some of these barriers, right? I think the key is I am in analytics, I know statistics obviously, and love modeling and you know, data and optimization theory and all that stuff, that's what I can do analytics, but now as a leader and as a change agent, I need to speak about value, and in this case, for example for Schneider, there was this tagline coffee of your energy. So the number one thing that they were asking from the analytics team was actually efficiency, which to me was very interesting. But once I understood that I understood what kind of language to use, how to connect it to the overall strategy and basically how to bring in the right leaders, because you need to, you know, focus on the leaders that you're going to make the most progress. You know, again, low effort, high value, you need to make sure you centralize all the data as you can, you need to bring in some kind of augmented analytics, you know, solution, and finally you need to make it super simple for the you know, in this case, I was working with the HR teams and other areas, so they can have access to one portal. They don't have to be confused and looking for 10 different places to find information. I think if you can actually have those four foundational pillars, obviously under the guise of having a data-driven culture, that's when you can actually make the impact. So in our case, it was about three years total transformation but it was two years for this component of augmented analytics. It took about two years to talk to, you know, IT, get leadership support, find the budgeting, you know, get everybody on board, make sure the success criteria was correct. And we call this initiative, the people analytics, I pulled up, it was actually launched in July of this year. And we were very excited and the audience was very excited to do this. In this case, we did our pilot in North America for many, many manufacturers, but one thing that is really important is as you bring along your audience on this, you know, you're going from Excel, you know in some cases or Tableau to other tools like you know, ThoughtSpot, you need to really explain them, what is the difference, and how these two can truly replace some of the spreadsheets or some of the views that you might have on these other kind of tools. Again, Tableau, I think it's a really good tool, there are other many tools that you might have in your toolkit. But in my case, personally I feel that you need to have one portal going back to seeing these points that really truly enable the end user. And I feel that this is the right solution for us, right? And I will show you some of the findings that we had in the pilot in the last two months. So this was a huge victory, and I will tell you why, because it took a lot of effort for us to get to these stations. Like I said it's been years for us to kind of lay the foundation, get the leadership and chasing culture, so people can understand why you truly need to invest what I meant analytics. And so what I'm showing here is an example of how do we use basically, you know a tool to capturing video, the qualitative findings that we had, plus the quantitative insights that we have. So in this case, our preliminary results based on our ambition for three main metrics, hours saved, user experience and adoption. So for hours saved, our ambition was to have 10 hours per week per employee save on average, user experience or ambition was 4.5 and adoption 80%. In just two months, two months and a half of the pilot we were able to achieve five hours, per week per employee savings. I used to experience for 4.3 out of five, and adoption of 60%. Really, really amazing work. But again, it takes a lot of collaboration for us to get to the stage from IT, legal, communications obviously the operations things and the users, in HR safety and other areas that might be basically stakeholders in this whole process. So just to summarize this kind of effort takes a lot of energy, you are a change agent, you need to have a courage to make these decision and understand that, I feel that in this day and age with all this disruption happening, we don't have a choice. We have to take the risk, right? And in this case, I feel a lot of satisfaction in how we were able to gain all these very souls for this organization, and that gave me the confidence to know that the work has been done, and we are now in a different stage for the organization. And so for me it safe to say, thank you for everybody who has believed obviously in our vision, everybody who has believed in, you know, the word that we were trying to do and to make the life for, you know workforce or customers that are in community better. As you can tell, there is a lot of effort, there is a lot of collaboration that is needed to do something like this. In the end, I feel very satisfied with the accomplishments of this transformation, and I just want to tell for you, if you are going right now in a moment that you feel that you have to swim upstream you know, what would mentors what people in this industry that can help you out and guide you on this kind of a transformation is not easy to do is high effort but is well worth it. And with that said, I hope you are well and it's been a pleasure talking to you, talk to you soon, take care. >> Thank you Gustavo, that was amazing. All right, let's go to the panel. (soft upbeat music) >> I think we can all agree how valuable it is to hear from practitioners, and I want to thank the panel for sharing their knowledge with the community, and one common challenge that I heard you all talk about was bringing your leadership and your teams along on the journey with you. We talk about this all the time, and it is critical to have support from the top, why? Because it directs the middle, and then it enables bottoms up innovation effects from the cultural transformation that you guys all talked about. It seems like another common theme we heard, is that you all prioritize database decision making in your organizations, and you combine two of your most valuable assets to do that, and create leverage, employees on the front lines, and of course the data. That was rightly pointed out, Tom, the pandemic has accelerated the need for really leaning into this. You know, the old saying, if it ain't broke, don't fix it, well COVID's broken everything. And it's great to hear from our experts, you know, how to move forward, so let's get right into it. So Gustavo let's start with you if I'm an aspiring change agent, and let's say I'm a budding data leader. What do I need to start doing? What habits do I need to create for long lasting success? >> I think curiosity is very important. You need to be, like I say, in tune to what is happening not only in your specific field, like I have a passion for analytics, I can do this for 50 years plus, but I think you need to understand wellbeing other areas across not only a specific business as you know, I come from, you know, Sam's Club Walmart retail, I mean energy management technology. So you have to try to push yourself and basically go out of your comfort zone. I mean, if you are staying in your comfort zone and you want to use lean continuous improvement that's just going to take you so far. What you have to do is and that's what I tried to do is I try to go into areas, businesses and transformations that make me, you know stretch and develop as a leader. That's what I'm looking to do, so I can help transform the functions organizations, and do these change management and decisions mindset as required for these kinds of efforts. >> Thank you for that is inspiring and Cindi, you love data, and the data is pretty clear that diversity is a good business, but I wonder if you can add your perspectives to this conversation. >> Yeah, so Michelle has a new fan here because she has found her voice, I'm still working on finding mine. And it's interesting because I was raised by my dad, a single dad, so he did teach me how to work in a predominantly male environment. But why I think diversity matters more now than ever before, and this is by gender, by race, by age, by just different ways of working and thinking is because as we automate things with AI, if we do not have diverse teams looking at the data and the models, and how they're applied, we risk having bias at scale. So this is why I think I don't care what type of minority, you are finding your voice, having a seat at the table and just believing in the impact of your work has never been more important. And as Michelle said more possible >> Great perspectives thank you, Tom, I want to go to you. I mean, I feel like everybody in our businesses in some way, shape or form become a COVID expert but what's been the impact of the pandemic on your organization's digital transformation plans? >> We've seen a massive growth actually you know, in a digital business over the last 12 months really, even in celebration, right? Once COVID hit, we really saw that in the 200 countries and territories that we operate in today and service our customers and today, that there's been a huge need, right? To send money, to support family, to support friends and loved ones across the world. And as part of that, you know, we are very honored to support those customers that we across all the centers today. But as part of that celebration, we need to make sure that we had the right architecture and the right platforms to basically scale, right? To basically support and provide the right kind of security for our customers going forward. So as part of that, we did do some pivots and we did celebrate some of our plans on digital to help support that overall growth coming in, and to support our customers going forward. Because there were these times during this pandemic, right? This is the most important time, and we need to support those that we love and those that we care about. And in doing that, it's one of those ways is actually by sending money to them, support them financially. And that's where really are part of that our services come into play that, you know, I really support those families. So it was really a great opportunity for us to really support and really bring some of our products to this level, and supporting our business going forward. >> Awesome, thank you. Now I want to come back to Gustavo, Tom, I'd love for you to chime in too. Did you guys ever think like you were pushing the envelope too much and doing things with data or the technology that was just maybe too bold, maybe you felt like at some point it was failing, or you pushing your people too hard, can you share that experience and how you got through it? >> Yeah, the way I look at it is, you know, again, whenever I go to an organization I ask the question, Hey, how fast you would like to conform?" And, you know, based on the agreements on the leadership and the vision that we want to take place, I take decisions and I collaborate in a specific way. Now, in the case of COVID, for example, right? It forces us to remove silos and collaborate in a faster way, so to me it was an opportunity to actually integrate with other areas and drive decisions faster. But make no mistake about it, when you are doing a transformation, you are obviously trying to do things faster than sometimes people are comfortable doing and you need to be okay with that. Sometimes you need to be okay with tension, or you need to be okay, you know debating points or making repetitive business cases onto people connect with the decision because you understand, and you are seeing that, hey, the CEO is making a one, two year, you know, efficiency goal, the only way for us to really do more with less is for us to continue this path. We cannot just stay with the status quo, we need to find a way to accelerate transformation... >> How about you Tom, we were talking earlier was Sudheesh had said about that bungee jumping moment, what can you share? >> Yeah you know, I think you hit upon it. Right now, the pace of change will be the slowest pace that you see for the rest of your career. So as part of that, right? That's what I tell my team is that you need to feel comfortable being uncomfortable. I mean, that we have to be able to basically scale, right? Expand and support that the ever changing needs the marketplace and industry and our customers today and that pace of change that's happening, right? And what customers are asking for, and the competition the marketplace, it's only going to accelerate. So as part of that, you know, as we look at what how you're operating today in your current business model, right? Things are only going to get faster. So you have to plan into align, to drive the actual transformation, so that you can scale even faster into the future. So as part of that, so we're putting in place here, right? Is how do we create that underlying framework and foundation that allows the organization to basically continue to scale and evolve into the future? >> We're definitely out of our comfort zones, but we're getting comfortable with it. So, Cindi, last question, you've worked with hundreds of organizations, and I got to believe that you know, some of the advice you gave when you were at Gartner, which is pre COVID, maybe sometimes clients didn't always act on it. You know, they're not on my watch for whatever variety of reasons, but it's being forced on them now, but knowing what you know now that you know, we're all in this isolation economy how would you say that advice has changed, has it changed? What's your number one action and recommendation today? >> Yeah well, first off, Tom just freaked me out. What do you mean this is the slowest ever? Even six months ago, I was saying the pace of change in data and analytics is frenetic. So, but I think you're right, Tom, the business and the technology together is forcing this change. Now, Dave, to answer your question, I would say the one bit of advice, maybe I was a little more, very aware of the power in politics and how to bring people along in a way that they are comfortable, and now I think it's, you know what? You can't get comfortable. In fact, we know that the organizations that were already in the cloud, have been able to respond and pivot faster. So if you really want to survive as Tom and Gustavo said, get used to being uncomfortable, the power and politics are going to happen. Break the rules, get used to that and be bold. Do not be afraid to tell somebody they're wrong and they're not moving fast enough. I do think you have to do that with empathy as Michelle said, and Gustavo, I think that's one of the key words today besides the bungee jumping. So I want to know where's Sudheesh going to go on bungee jumping? (all chuckling) >> That's fantastic discussion really. Thanks again to all the panelists and the guests, it was really a pleasure speaking with you today. Really virtually all of the leaders that I've spoken to in theCUBE program recently, they tell me that the pandemic is accelerating so many things, whether it's new ways to work, we heard about new security models and obviously the need for cloud. I mean, all of these things are driving true enterprise wide digital transformation, not just as I said before lip service. And sometimes we minimize the importance and the challenge of building culture and in making this transformation possible. But when it's done right, the right culture is going to deliver tremendous results. Yeah, what does that mean getting it right? Everybody's trying to get it right. My biggest takeaway today, is it means making data part of the DNA of your organization. And that means making it accessible to the people in your organization that are empowered to make decisions that can drive you revenue, cut costs, speed, access to critical care, whatever the mission is of your organization. Data can create insights and informed decisions that drive value. Okay, let's bring back Sudheesh and wrap things up. Sudheesh please bring us home. >> Thank you, thank you Dave, thank you theCUBE team, and thanks goes to all of our customers and partners who joined us, and thanks to all of you for spending the time with us. I want to do three quick things and then close it off. The first thing is I want to summarize the key takeaways that I had from all four of our distinguished speakers. First, Michelle, I was simply put it, she said it really well, that is be brave and drive. Don't go for a drive along, that is such an important point. Often times, you know that I think that you have to do to make the positive change that you want to see happen. But you wait for someone else to do it, why not you? Why don't you be the one making that change happen? That's the thing that I picked up from Michelle's talk. Cindi talked about finding the importance of finding your voice, taking that chair, whether it's available or not and making sure that your ideas, your voices are heard and if it requires some force then apply that force, make sure your ideas are good. Gustavo talked about the importance of building consensus, not going at things all alone sometimes building the importance of building the courtroom. And that is critical because if you want the changes to last, you want to make sure that the organization is fully behind it. Tom instead of a single take away, what I was inspired by is the fact that a company that is 170 years old, 170 years old, 200 companies and 200 countries they're operating in, and they were able to make the change that is necessary through this difficult time. So in a matter of months, if they could do it, anyone could. The second thing I want to do is to leave you with a takeaway that is I would like you to go to thoughtspot.com/nfl because our team has made an app for NFL on Snowflake. I think you will find this interesting now that you are inspired and excited because of Michelle's talk. And the last thing is, please go to thoughtspot.com/beyond, our global user conferences happening in this December, we would love to have you join us. It's again, virtual, you can join from anywhere, we are expecting anywhere from five to 10,000 people, and we would love to have you join and see what we would have been up to since the last year. We have a lot of amazing things in store for you, our customers, our partners, our collaborators, they will be coming and sharing, you'll be sharing things that you have been working to release something that will come out next year. And also some of the crazy ideas for engineers I've been cooking up. All of those things will be available for you at ThoughtSpot Beyond, thank you, thank you so much.

Published Date : Oct 10 2020

SUMMARY :

and the change every to you by ThoughtSpot, to join you virtually. and of course to our audience, and insights that you talked about. and talk to you about being So you and I share a love of Great, and I'm getting the feeling now and you can find the common So I thank you for your metership here. and the time to maturity or go to Yahoo and you and how long have you and we have a lot more to go, a change agent that I've had the pleasure in the past about you know, All right, let's go to the panel. and of course the data. that's just going to take you so far. and the data is pretty and the models, and how they're applied, in our businesses in some way, and the right platforms and how you got through it? and the vision that we want to that you see for the rest of your career. to believe that you know, and how to bring people along in a way the right culture is going to the changes to last, you want to make sure

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Thought.Leaders Digital 2020 | Japan


 

(speaks in foreign language) >> Narrator: Data is at the heart of transformation and the change every company needs to succeed, but it takes more than new technology. It's about teams, talent, and cultural change. Empowering everyone on the front lines to make decisions, all at the speed of digital. The transformation starts with you. It's time to lead the way, it's time for thought leaders. >> Welcome to Thought Leaders, a digital event brought to you by ThoughtSpot. My name is Dave Vellante. The purpose of this day is to bring industry leaders and experts together to really try and understand the important issues around digital transformation. We have an amazing lineup of speakers and our goal is to provide you with some best practices that you can bring back and apply to your organization. Look, data is plentiful, but insights are not. ThoughtSpot is disrupting analytics by using search and machine intelligence to simplify data analysis, and really empower anyone with fast access to relevant data. But in the last 150 days, we've had more questions than answers. Creating an organization that puts data and insights at their core, requires not only modern technology, but leadership, a mindset and a culture that people often refer to as data-driven. What does that mean? How can we equip our teams with data and fast access to quality information that can turn insights into action. And today, we're going to hear from experienced leaders, who are transforming their organizations with data, insights and creating digital-first cultures. But before we introduce our speakers, I'm joined today by two of my co-hosts from ThoughtSpot. First, Chief Data Strategy Officer for ThoughtSpot is Cindi Hausen. Cindi is an analytics and BI expert with 20 plus years experience and the author of Successful Business Intelligence Unlock The Value of BI and Big Data. Cindi was previously the lead analyst at Gartner for the data and analytics magic quadrant. And early last year, she joined ThoughtSpot to help CDOs and their teams understand how best to leverage analytics and AI for digital transformation. Cindi, great to see you, welcome to the show. >> Thank you, Dave. Nice to join you virtually. >> Now our second cohost and friend of theCUBE is ThoughtSpot CEO Sudheesh Nair. Hello Sudheesh, how are you doing today? >> I am well Dave, it's good to talk to you again. >> It's great to see you. Thanks so much for being here. Now Sudheesh, please share with us why this discussion is so important to your customers and of course, to our audience and what they're going to learn today? (gentle music) >> Thanks, Dave, I wish you were there to introduce me into every room that I walk into because you have such an amazing way of doing it. It makes me feel also good. Look, since we have all been cooped up in our homes, I know that the vendors like us, we have amped up our, you know, sort of effort to reach out to you with invites for events like this. So we are getting way more invites for events like this than ever before. So when we started planning for this, we had three clear goals that we wanted to accomplish. And our first one that when you finish this and walk away, we want to make sure that you don't feel like it was a waste of time. We want to make sure that we value your time, and this is going to be useful. Number two, we want to put you in touch with industry leaders and thought leaders, and generally good people that you want to hang around with long after this event is over. And number three, as we plan through this, you know, we are living through these difficult times, we want an event to be, this event to be more of an uplifting and inspiring event too. Now, the challenge is, how do you do that with the team being change agents? Because change and as much as we romanticize it, it is not one of those uplifting things that everyone wants to do or likes to do. The way I think of it, change is sort of like, if you've ever done bungee jumping. You know, it's like standing on the edges, waiting to make that one more step. You know, all you have to do is take that one step and gravity will do the rest, but that is the hardest step to take. Change requires a lot of courage and when we are talking about data and analytics, which is already like such a hard topic, not necessarily an uplifting and positive conversation, in most businesses it is somewhat scary. Change becomes all the more difficult. Ultimately change requires courage. Courage to to, first of all, challenge the status quo. People sometimes are afraid to challenge the status quo because they are thinking that, "You know, maybe I don't have the power to make the change that the company needs. Sometimes I feel like I don't have the skills." Sometimes they may feel that, I'm probably not the right person to do it. Or sometimes the lack of courage manifest itself as the inability to sort of break the silos that are formed within the organizations, when it comes to data and insights that you talked about. You know, there are people in the company, who are going to hog the data because they know how to manage the data, how to inquire and extract. They know how to speak data, they have the skills to do that, but they are not the group of people who have sort of the knowledge, the experience of the business to ask the right questions off the data. So there is this silo of people with the answers and there is a silo of people with the questions, and there is gap. These sort of silos are standing in the way of making that necessary change that we all I know the business needs, and the last change to sort of bring an external force sometimes. It could be a tool, it could be a platform, it could be a person, it could be a process, but sometimes no matter how big the company is or how small the company is. You may need to bring some external stimuli to start that domino of the positive changes that are necessary. The group of people that we have brought in, the four people, including Cindi, that you will hear from today are really good at practically telling you how to make that step, how to step off that edge, how to trust the rope that you will be safe and you're going to have fun. You will have that exhilarating feeling of jumping for a bungee jump. All four of them are exceptional, but my honor is to introduce Michelle and she's our first speaker. Michelle, I am very happy after watching her presentation and reading her bio, that there are no country vital worldwide competition for cool patents, because she will beat all of us because when her children were small, you know, they were probably into Harry Potter and Disney and she was managing a business and leading change there. And then as her kids grew up and got to that age, where they like football and NFL, guess what? She's the CIO of NFL. What a cool mom. I am extremely excited to see what she's going to talk about. I've seen the slides with a bunch of amazing pictures, I'm looking to see the context behind it. I'm very thrilled to make the acquaintance of Michelle. I'm looking forward to her talk next. Welcome Michelle. It's over to you. (gentle music) >> I'm delighted to be with you all today to talk about thought leadership. And I'm so excited that you asked me to join you because today I get to be a quarterback. I always wanted to be one. This is about as close as I'm ever going to get. So, I want to talk to you about quarterbacking our digital revolution using insights, data and of course, as you said, leadership. First, a little bit about myself, a little background. As I said, I always wanted to play football and this is something that I wanted to do since I was a child but when I grew up, girls didn't get to play football. I'm so happy that that's changing and girls are now doing all kinds of things that they didn't get to do before. Just this past weekend on an NFL field, we had a female coach on two sidelines and a female official on the field. I'm a lifelong fan and student of the game of football. I grew up in the South. You can tell from the accent and in the South football is like a religion and you pick sides. I chose Auburn University working in the athletic department, so I'm testament. Till you can start, a journey can be long. It took me many, many years to make it into professional sports. I graduated in 1987 and my little brother, well not actually not so little, he played offensive line for the Alabama Crimson Tide. And for those of you who know SEC football, you know this is a really big rivalry, and when you choose sides your family is divided. So it's kind of fun for me to always tell the story that my dad knew his kid would make it to the NFL, he just bet on the wrong one. My career has been about bringing people together for memorable moments at some of America's most iconic brands, delivering memories and amazing experiences that delight. From Universal Studios, Disney, to my current position as CIO of the NFL. In this job, I'm very privileged to have the opportunity to work with a team that gets to bring America's game to millions of people around the world. Often, I'm asked to talk about how to create amazing experiences for fans, guests or customers. But today, I really wanted to focus on something different and talk to you about being behind the scenes and backstage. Because behind every event, every game, every awesome moment, is execution. Precise, repeatable execution and most of my career has been behind the scenes doing just that. Assembling teams to execute these plans and the key way that companies operate at these exceptional levels is making good decisions, the right decisions, at the right time and based upon data. So that you can translate the data into intelligence and be a data-driven culture. Using data and intelligence is an important way that world-class companies do differentiate themselves, and it's the lifeblood of collaboration and innovation. Teams that are working on delivering these kind of world class experiences are often seeking out and leveraging next generation technologies and finding new ways to work. I've been fortunate to work across three decades of emerging experiences, which each required emerging technologies to execute. A little bit first about Disney. In '90s I was at Disney leading a project called Destination Disney, which it's a data project. It was a data project, but it was CRM before CRM was even cool and then certainly before anything like a data-driven culture was ever brought up. But way back then we were creating a digital backbone that enabled many technologies for the things that you see today. Like the MagicBand, Disney's Magical Express. My career at Disney began in finance, but Disney was very good about rotating you around. And it was during one of these rotations that I became very passionate about data. I kind of became a pain in the butt to the IT team asking for data, more and more data. And I learned that all of that valuable data was locked up in our systems. All of our point of sales systems, our reservation systems, our operation systems. And so I became a shadow IT person in marketing, ultimately, leading to moving into IT and I haven't looked back since. In the early 2000s, I was at Universal Studio's theme park as their CIO preparing for and launching the Wizarding World of Harry Potter. Bringing one of history's most memorable characters to life required many new technologies and a lot of data. Our data and technologies were embedded into the rides and attractions. I mean, how do you really think a wand selects you at a wand shop. As today at the NFL, I am constantly challenged to do leading edge technologies, using things like sensors, AI, machine learning and all new communication strategies, and using data to drive everything, from player performance, contracts, to where we build new stadiums and hold events. With this year being the most challenging, yet rewarding year in my career at the NFL. In the middle of a global pandemic, the way we are executing on our season is leveraging data from contact tracing devices joined with testing data. Talk about data actually enabling your business. Without it we wouldn't be having a season right now. I'm also on the board of directors of two public companies, where data and collaboration are paramount. First, RingCentral, it's a cloud based unified communications platform and collaboration with video message and phone, all-in-one solution in the cloud and Quotient Technologies, whose product is actually data. The tagline at Quotient is The Result in Knowing. I think that's really important because not all of us are data companies, where your product is actually data, but we should operate more like your product is data. I'd also like to talk to you about four areas of things to think about as thought leaders in your companies. First, just hit on it, is change. how to be a champion and a driver of change. Second, how to use data to drive performance for your company and measure performance of your company. Third, how companies now require intense collaboration to operate and finally, how much of this is accomplished through solid data-driven decisions. First, let's hit on change. I mean, it's evident today more than ever, that we are in an environment of extreme change. I mean, we've all been at this for years and as technologists we've known it, believed it, lived it. And thankfully, for the most part, knock on wood, we were prepared for it. But this year everyone's cheese was moved. All the people in the back rooms, IT, data architects and others were suddenly called to the forefront because a global pandemic has turned out to be the thing that is driving intense change in how people work and analyze their business. On March 13th, we closed our office at the NFL in the middle of preparing for one of our biggest events, our kickoff event, The 2020 Draft. We went from planning a large event in Las Vegas under the bright lights, red carpet stage, to smaller events in club facilities. And then ultimately, to one where everyone coaches, GMs, prospects and even our commissioner were at home in their basements and we only had a few weeks to figure it out. I found myself for the first time, being in the live broadcast event space. Talking about bungee jumping, this is really what it felt like. It was one in which no one felt comfortable because it had not been done before. But leading through this, I stepped up, but it was very scary, it was certainly very risky, but it ended up being also rewarding when we did it. And as a result of this, some things will change forever. Second, managing performance. I mean, data should inform how you're doing and how to get your company to perform at its level, highest level. As an example, the NFL has always measured performance, obviously, and it is one of the purest examples of how performance directly impacts outcome. I mean, you can see performance on the field, you can see points being scored and stats, and you immediately know that impact. Those with the best stats usually win the games. The NFL has always recorded stats. Since the beginning of time here at the NFL a little... This year is our 101st year and athlete's ultimate success as a player has also always been greatly impacted by his stats. But what has changed for us is both how much more we can measure and the immediacy with which it can be measured and I'm sure in your business it's the same. The amount of data you must have has got to have quadrupled recently. And how fast do you need it and how quickly you need to analyze it is so important. And it's very important to break the silos between the keys to the data and the use of the data. Our next generation stats platform is taking data to the next level. It's powered by Amazon Web Services and we gather this data, real-time from sensors that are on players' bodies. We gather it in real time, analyze it, display it online and on broadcast. And of course, it's used to prepare week to week in addition to what is a normal coaching plan would be. We can now analyze, visualize, route patterns, speed, match-ups, et cetera, so much faster than ever before. We're continuing to roll out sensors too, that will gather more and more information about a player's performance as it relates to their health and safety. The third trend is really, I think it's a big part of what we're feeling today and that is intense collaboration. And just for sort of historical purposes, it's important to think about, for those of you that are IT professionals and developers, you know, more than 10 years ago agile practices began sweeping companies. Where small teams would work together rapidly in a very flexible, adaptive and innovative way and it proved to be transformational. However today, of course that is no longer just small teams, the next big wave of change and we've seen it through this pandemic, is that it's the whole enterprise that must collaborate and be agile. If I look back on my career, when I was at Disney, we owned everything 100%. We made a decision, we implemented it. We were a collaborative culture but it was much easier to push change because you own the whole decision. If there was buy-in from the top down, you got the people from the bottom up to do it and you executed. At Universal, we were a joint venture. Our attractions and entertainment was licensed. Our hotels were owned and managed by other third parties, so influence and collaboration, and how to share across companies became very important. And now here I am at the NFL an even the bigger ecosystem. We have 32 clubs that are all separate businesses, 31 different stadiums that are owned by a variety of people. We have licensees, we have sponsors, we have broadcast partners. So it seems that as my career has evolved, centralized control has gotten less and less and has been replaced by intense collaboration, not only within your own company but across companies. The ability to work in a collaborative way across businesses and even other companies, that has been a big key to my success in my career. I believe this whole vertical integration and big top-down decision-making is going by the wayside in favor of ecosystems that require cooperation, yet competition to co-exist. I mean, the NFL is a great example of what we call co-oppetition, which is cooperation and competition. We're in competition with each other, but we cooperate to make the company the best it can be. And at the heart of these items really are data-driven decisions and culture. Data on its own isn't good enough. You must be able to turn it to insights. Partnerships between technology teams who usually hold the keys to the raw data and business units, who have the knowledge to build the right decision models is key. If you're not already involved in this linkage, you should be, data mining isn't new for sure. The availability of data is quadrupling and it's everywhere. How do you know what to even look at? How do you know where to begin? How do you know what questions to ask? It's by using the tools that are available for visualization and analytics and knitting together strategies of the company. So it begins with, first of all, making sure you do understand the strategy of the company. So in closing, just to wrap up a bit, many of you joined today, looking for thought leadership on how to be a change agent, a change champion, and how to lead through transformation. Some final thoughts are be brave and drive. Don't do the ride along program, it's very important to drive. Driving can be high risk, but it's also high reward. Embracing the uncertainty of what will happen is how you become brave. Get more and more comfortable with uncertainty, be calm and let data be your map on your journey. Thanks. >> Michelle, thank you so much. So you and I share a love of data and a love of football. You said you want to be the quarterback. I'm more an a line person. >> Well, then I can't do my job without you. >> Great and I'm getting the feeling now, you know, Sudheesh is talking about bungee jumping. My vote is when we're past this pandemic, we both take him to the Delaware Water Gap and we do the cliff jumping. >> Oh that sounds good, I'll watch your watch. >> Yeah, you'll watch, okay. So Michelle, you have so many stakeholders, when you're trying to prioritize the different voices you have the players, you have the owners, you have the league, as you mentioned, the broadcasters, your partners here and football mamas like myself. How do you prioritize when there are so many different stakeholders that you need to satisfy? >> I think balancing across stakeholders starts with aligning on a mission and if you spend a lot of time understanding where everyone's coming from, and you can find the common thread that ties them all together. You sort of do get them to naturally prioritize their work and I think that's very important. So for us at the NFL and even at Disney, it was our core values and our core purpose is so well known and when anything challenges that, we're able to sort of lay that out. But as a change agent, you have to be very empathetic, and I would say empathy is probably your strongest skill if you're a change agent and that means listening to every single stakeholder. Even when they're yelling at you, even when they're telling you your technology doesn't work and you know that it's user error, or even when someone is just emotional about what's happening to them and that they're not comfortable with it. So I think being empathetic, and having a mission, and understanding it is sort of how I prioritize and balance. >> Yeah, empathy, a very popular word this year. I can imagine those coaches and owners yelling, so thank you for your leadership here. So Michelle, I look forward to discussing this more with our other customers and disruptors joining us in a little bit. >> (gentle music) So we're going to take a hard pivot now and go from football to Chernobyl. Chernobyl, what went wrong? 1986, as the reactors were melting down, they had the data to say, "This is going to be catastrophic," and yet the culture said, "No, we're perfect, hide it. Don't dare tell anyone." Which meant they went ahead and had celebrations in Kiev. Even though that increased the exposure, additional thousands getting cancer and 20,000 years before the ground around there can even be inhabited again. This is how powerful and detrimental a negative culture, a culture that is unable to confront the brutal facts that hides data. This is what we have to contend with and this is why I want you to focus on having, fostering a data-driven culture. I don't want you to be a laggard. I want you to be a leader in using data to drive your digital transformation. So I'll talk about culture and technology, is it really two sides of the same coin? Real-world impacts and then some best practices you can use to disrupt and innovate your culture. Now, oftentimes I would talk about culture and I talk about technology. And recently a CDO said to me, "You know, Cindi, I actually think this is two sides of the same coin, one reflects the other." What do you think? Let me walk you through this. So let's take a laggard. What does the technology look like? Is it based on 1990s BI and reporting, largely parametrized reports, on-premises data warehouses, or not even that operational reports. At best one enterprise data warehouse, very slow moving and collaboration is only email. What does that culture tell you? Maybe there's a lack of leadership to change, to do the hard work that Sudheesh referred to, or is there also a culture of fear, afraid of failure, resistance to change, complacency. And sometimes that complacency, it's not because people are lazy. It's because they've been so beaten down every time a new idea is presented. It's like, "No, we're measured on least to serve." So politics and distrust, whether it's between business and IT or individual stakeholders is the norm, so data is hoarded. Let's contrast that with the leader, a data and analytics leader, what does their technology look like? Augmented analytics, search and AI driven insights, not on-premises but in the cloud and maybe multiple clouds. And the data is not in one place but it's in a data lake and in a data warehouse, a logical data warehouse. The collaboration is via newer methods, whether it's Slack or Teams, allowing for that real-time decisioning or investigating a particular data point. So what is the culture in the leaders? It's transparent and trust. There is a trust that data will not be used to punish, that there is an ability to confront the bad news. It's innovation, valuing innovation in pursuit of the company goals. Whether it's the best fan experience and player safety in the NFL or best serving your customers, it's innovative and collaborative. There's none of this, "Oh, well, I didn't invent that. I'm not going to look at that." There's still pride of ownership, but it's collaborating to get to a better place faster. And people feel empowered to present new ideas, to fail fast and they're energized knowing that they're using the best technology and innovating at the pace that business requires. So data is democratized and democratized, not just for power users or analysts, but really at the point of impact, what we like to call the new decision-makers or really the frontline workers. So Harvard Business Review partnered with us to develop this study to say, "Just how important is this? We've been working at BI and analytics as an industry for more than 20 years, why is it not at the front lines? Whether it's a doctor, a nurse, a coach, a supply chain manager, a warehouse manager, a financial services advisor." 87% said they would be more successful if frontline workers were empowered with data-driven insights, but they recognize they need new technology to be able to do that. It's not about learning hard tools. The sad reality only 20% of organizations are actually doing this. These are the data-driven leaders. So this is the culture and technology, how did we get here? It's because state-of-the-art keeps changing. So the first generation BI and analytics platforms were deployed on-premises, on small datasets, really just taking data out of ERP systems that were also on-premises and state-of-the-art was maybe getting a management report, an operational report. Over time, visual based data discovery vendors disrupted these traditional BI vendors, empowering now analysts to create visualizations with the flexibility on a desktop, sometimes larger data, sometimes coming from a data warehouse. The current state-of-the-art though, Gartner calls it augmented analytics. At ThoughtSpot, we call it search and AI driven analytics, and this was pioneered for large scale data sets, whether it's on-premises or leveraging the cloud data warehouses. And I think this is an important point, oftentimes you, the data and analytics leaders, will look at these two components separately. But you have to look at the BI and analytics tier in lock-step with your data architectures to really get to the granular insights and to leverage the capabilities of AI. Now, if you've never seen ThoughtSpot, I'll just show you what this looks like. Instead of somebody hard coding a report, it's typing in search keywords and very robust keywords contains rank, top, bottom, getting to a visual visualization that then can be pinned to an existing pin board that might also contain insights generated by an AI engine. So it's easy enough for that new decision maker, the business user, the non-analyst to create themselves. Modernizing the data and analytics portfolio is hard because the pace of change has accelerated. You used to be able to create an investment, place a bet for maybe 10 years. A few years ago, that time horizon was five years. Now, it's maybe three years and the time to maturity has also accelerated. So you have these different components, the search and AI tier, the data science tier, data preparation and virtualization but I would also say, equally important is the cloud data warehouse. And pay attention to how well these analytics tools can unlock the value in these cloud data warehouses. So ThoughtSpot was the first to market with search and AI driven insights. Competitors have followed suit, but be careful, if you look at products like Power BI or SAP analytics cloud, they might demo well, but do they let you get to all the data without moving it in products like Snowflake, Amazon Redshift, or Azure Synapse, or Google BigQuery, they do not. They require you to move it into a smaller in-memory engine. So it's important how well these new products inter-operate. The pace of change, its acceleration, Gartner recently predicted that by 2022, 65% of analytical queries will be generated using search or NLP or even AI and that is roughly three times the prediction they had just a couple of years ago. So let's talk about the real world impact of culture and if you've read any of my books or used any of the maturity models out there, whether the Gartner IT Score that I worked on or the Data Warehousing Institute also has a maturity model. We talk about these five pillars to really become data-driven. As Michelle spoke about, it's focusing on the business outcomes, leveraging all the data, including new data sources, it's the talent, the people, the technology and also the processes. And often when I would talk about the people in the talent, I would lump the culture as part of that. But in the last year, as I've traveled the world and done these digital events for thought leaders. You have told me now culture is absolutely so important, and so we've pulled it out as a separate pillar. And in fact, in polls that we've done in these events, look at how much more important culture is as a barrier to becoming data-driven. It's three times as important as any of these other pillars. That's how critical it is. And let's take an example of where you can have great data, but if you don't have the right culture, there's devastating impacts. And I will say I have been a loyal customer of Wells Fargo for more than 20 years, but look at what happened in the face of negative news with data. It said, "Hey, we're not doing good cross-selling, customers do not have both a checking account and a credit card and a savings account and a mortgage." They opened fake accounts facing billions in fines, change in leadership that even the CEO attributed to a toxic sales culture and they're trying to fix this, but even recently there's been additional employee backlash saying the culture has not changed. Let's contrast that with some positive examples. Medtronic, a worldwide company in 150 countries around the world. They may not be a household name to you, but if you have a loved one or yourself, you have a pacemaker, spinal implant, diabetes, you know this brand. And at the start of COVID when they knew their business would be slowing down, because hospitals would only be able to take care of COVID patients. They took the bold move of making their IP for ventilators publicly available. That is the power of a positive culture. Or Verizon, a major telecom organization looking at late payments of their customers and even though the U.S. Federal Government said, "Well, you can't turn them off." They said, "We'll extend that even beyond the mandated guidelines," and facing a slow down in the business because of the tough economy, They said, "You know what? We will spend the time upskilling our people, giving them the time to learn more about the future of work, the skills and data and analytics for 20,000 of their employees rather than furloughing them. That is the power of a positive culture. So how can you transform your culture to the best in class? I'll give you three suggestions. Bring in a change agent, identify the relevance or I like to call it WIIFM and organize for collaboration. So the CDO, whatever your title is, Chief Analytics Officer, Chief Digital Officer, you are the most important change agent. And this is where you will hear that oftentimes a change agent has to come from outside the organization. So this is where, for example, in Europe you have the CDO of Just Eat, a takeout food delivery organization coming from the airline industry or in Australia, National Australian Bank taking a CDO within the same sector from TD Bank going to NAB. So these change agents come in, disrupt. It's a hard job. As one of you said to me, it often feels like. I make one step forward and I get knocked down again, I get pushed back. It is not for the faint of heart, but it's the most important part of your job. The other thing I'll talk about is WIIFM What's In It For Me? And this is really about understanding the motivation, the relevance that data has for everyone on the frontline, as well as those analysts, as well as the executives. So, if we're talking about players in the NFL, they want to perform better and they want to stay safe. That is why data matters to them. If we're talking about financial services, this may be a wealth management advisor. Okay, we could say commissions, but it's really helping people have their dreams come true, whether it's putting their children through college or being able to retire without having to work multiple jobs still into your 70s or 80s. For the teachers, teachers you ask them about data. They'll say, "We don't need that, I care about the student." So if you can use data to help a student perform better, that is WIIFM and sometimes we spend so much time talking the technology, we forget, what is the value we're trying to deliver with this? And we forget the impact on the people that it does require change. In fact, the Harvard Business Review study found that 44% said lack of change management is the biggest barrier to leveraging both new technology, but also being empowered to act on those data-driven insights. The third point, organize for collaboration. This does require diversity of thought, but also bringing the technology, the data and the business people together. Now there's not a single one size fits all model for data and analytics. At one point in time, even having a BICC, a BI competency center was considered state of the art. Now for the biggest impact, what I recommend is that you have a federated model centralized for economies of scale. That could be the common data, but then embed these evangelists, these analysts of the future within every business unit, every functional domain. And as you see this top bar, all models are possible, but the hybrid model has the most impact, the most leaders. So as we look ahead to the months ahead, to the year ahead, an exciting time because data is helping organizations better navigate a tough economy, lock in the customer loyalty and I look forward to seeing how you foster that culture that's collaborative with empathy and bring the best of technology, leveraging the cloud, all your data. So thank you for joining us at Thought Leaders. And next, I'm pleased to introduce our first change agent, Tom Mazzaferro Chief Data Officer of Western Union and before joining Western Union, Tom made his Mark at HSBC and JP Morgan Chase spearheading digital innovation in technology, operations, risk compliance and retail banking. Tom, thank you so much for joining us today. (gentle music) >> Very happy to be here and looking forward to talking to all of you today. So as we look to move organizations to a data-driven capability into the future, there is a lot that needs to be done on the data side, but also how does data connect and enable different business teams and the technology teams into the future? As we look across our data ecosystems and our platforms, and how we modernize that to the cloud in the future, it all needs to basically work together, right? To really be able to drive an organization from a data standpoint, into the future. That includes being able to have the right information with the right quality of data, at the right time to drive informed business decisions, to drive the business forward. As part of that, we actually have partnered with ThoughtSpot to actually bring in the technology to help us drive that. As part of that partnership and it's how we've looked to integrate it into our overall business as a whole. We've looked at, how do we make sure that our business and our professional lives, right? Are enabled in the same ways as our personal lives. So for example, in your personal lives, when you want to go and find something out, what do you do? You go onto google.com or you go onto Bing or you go onto Yahoo and you search for what you want, search to find an answer. ThoughtSpot for us is the same thing, but in the business world. So using ThoughtSpot and other AI capability is it's allowed us to actually enable our overall business teams in our company to actually have our information at our fingertips. So rather than having to go and talk to someone, or an engineer to go pull information or pull data. We actually can have the end users or the business executives, right. Search for what they need, what they want, at the exact time that they actually need it, to go and drive the business forward. This is truly one of those transformational things that we've put in place. On top of that, we are on a journey to modernize our larger ecosystem as a whole. That includes modernizing our underlying data warehouses, our technology, our... The local environments and as we move that, we've actually picked two of our cloud providers going to AWS and to GCP. We've also adopted Snowflake to really drive and to organize our information and our data, then drive these new solutions and capabilities forward. So a big portion of it though is culture. So how do we engage with the business teams and bring the IT teams together, to really help to drive these holistic end-to-end solutions and capabilities, to really support the actual business into the future. That's one of the keys here, as we look to modernize and to really enhance our organizations to become data-driven. This is the key. If you can really start to provide answers to business questions before they're even being asked and to predict based upon different economic trends or different trends in your business, what decisions need to be made and actually provide those answers to the business teams before they're even asking for it. That is really becoming a data-driven organization and as part of that, it really then enables the business to act quickly and take advantage of opportunities as they come in based upon industries, based upon markets, based upon products, solutions or partnerships into the future. These are really some of the keys that become crucial as you move forward, right, into this new age, Especially with COVID. With COVID now taking place across the world, right? Many of these markets, many of these digital transformations are celebrating and are changing rapidly to accommodate and to support customers in these very difficult times. As part of that, you need to make sure you have the right underlying foundation, ecosystems and solutions to really drive those capabilities and those solutions forward. As we go through this journey, both in my career but also each of your careers into the future, right? It also needs to evolve, right? Technology has changed so drastically in the last 10 years, and that change is only accelerating. So as part of that, you have to make sure that you stay up to speed, up to date with new technology changes, both on the platform standpoint, tools, but also what do our customers want, what do our customers need and how do we then service them with our information, with our data, with our platform, and with our products and our services to meet those needs and to really support and service those customers into the future. This is all around becoming a more data-driven organization, such as how do you use your data to support your current business lines, but how do you actually use your information and your data to actually better support your customers, better support your business, better support your employees, your operations teams and so forth. And really creating that full integration in that ecosystem is really when you start to get large dividends from these investments into the future. With that being said, I hope you enjoyed the segment on how to become and how to drive a data-driven organization, and looking forward to talking to you again soon. Thank you. >> Tom, that was great. Thanks so much and now going to have to drag on you for a second. As a change agent you've come in, disrupted and how long have you been at Western Union? >> Only nine months, so just started this year, but there have been some great opportunities to integrate changes and we have a lot more to go, but we're really driving things forward in partnership with our business teams and our colleagues to support those customers going forward. >> Tom, thank you so much. That was wonderful. And now, I'm excited to introduce you to Gustavo Canton, a change agent that I've had the pleasure of working with meeting in Europe and he is a serial change agent. Most recently with Schneider Electric but even going back to Sam's Clubs. Gustavo, welcome. (gentle music) >> So, hey everyone, my name is Gustavo Canton and thank you so much, Cindi, for the intro. As you mentioned, doing transformations is, you know, a high reward situation. I have been part of many transformations and I have led many transformations. And, what I can tell you is that it's really hard to predict the future, but if you have a North Star and you know where you're going, the one thing that I want you to take away from this discussion today is that you need to be bold to evolve. And so, in today, I'm going to be talking about culture and data, and I'm going to break this down in four areas. How do we get started, barriers or opportunities as I see it, the value of AI and also, how you communicate. Especially now in the workforce of today with so many different generations, you need to make sure that you are communicating in ways that are non-traditional sometimes. And so, how do we get started? So, I think the answer to that is you have to start for you yourself as a leader and stay tuned. And by that, I mean, you need to understand, not only what is happening in your function or your field, but you have to be very in tune what is happening in society socioeconomically speaking, wellbeing. You know, the common example is a great example and for me personally, it's an opportunity because the number one core value that I have is wellbeing. I believe that for human potential for customers and communities to grow, wellbeing should be at the center of every decision. And as somebody mentioned, it's great to be, you know, stay in tune and have the skillset and the courage. But for me personally, to be honest, to have this courage is not about not being afraid. You're always afraid when you're making big changes and you're swimming upstream, but what gives me the courage is the empathy part. Like I think empathy is a huge component because every time I go into an organization or a function, I try to listen very attentively to the needs of the business and what the leaders are trying to do. But I do it thinking about the mission of, how do I make change for the bigger workforce or the bigger good despite the fact that this might have perhaps implication for my own self interest in my career. Right? Because you have to have that courage sometimes to make choices that are not well seen, politically speaking, but are the right thing to do and you have to push through it. So the bottom line for me is that, I don't think we're they're transforming fast enough. And the reality is, I speak with a lot of leaders and we have seen stories in the past and what they show is that, if you look at the four main barriers that are basically keeping us behind budget, inability to act, cultural issues, politics and lack of alignment, those are the top four. But the interesting thing is that as Cindi has mentioned, these topic about culture is actually gaining more and more traction. And in 2018, there was a story from HBR and it was about 45%. I believe today, it's about 55%, 60% of respondents say that this is the main area that we need to focus on. So again, for all those leaders and all the executives who understand and are aware that we need to transform, commit to the transformation and set a deadline to say, "Hey, in two years we're going to make this happen. What do we need to do, to empower and enable these change agents to make it happen? You need to make the tough choices. And so to me, when I speak about being bold is about making the right choices now. So, I'll give you examples of some of the roadblocks that I went through as I've been doing transformations, most recently, as Cindi mentioned in Schneider. There are three main areas, legacy mindset and what that means is that, we've been doing this in a specific way for a long time and here is how we have been successful. What worked in the past is not going to work now. The opportunity there is that there is a lot of leaders, who have a digital mindset and they're up and coming leaders that are perhaps not yet fully developed. We need to mentor those leaders and take bets on some of these talents, including young talent. We cannot be thinking in the past and just wait for people, you know, three to five years for them to develop because the world is going in a way that is super-fast. The second area and this is specifically to implementation of AI. It's very interesting to me because just the example that I have with ThoughtSpot, right? We went on implementation and a lot of the way the IT team functions or the leaders look at technology, they look at it from the prism of the prior or success criteria for the traditional BIs, and that's not going to work. Again, the opportunity here is that you need to redefine what success look like. In my case, I want the user experience of our workforce to be the same user experience you have at home. It's a very simple concept and so we need to think about, how do we gain that user experience with these augmented analytics tools and then work backwards to have the right talent, processes, and technology to enable that. And finally and obviously with COVID, a lot of pressure in organizations and companies to do more with less. And the solution that most leaders I see are taking is to just minimize costs sometimes and cut budget. We have to do the opposite. We have to actually invest on growth areas, but do it by business question. Don't do it by function. If you actually invest in these kind of solutions, if you actually invest on developing your talent and your leadership to see more digitally, if you actually invest on fixing your data platform, it's not just an incremental cost. It's actually this investment is going to offset all those hidden costs and inefficiencies that you have on your system, because people are doing a lot of work and working very hard but it's not efficient and it's not working in the way that you might want to work. So there is a lot of opportunity there and just to put in terms of perspective, there have been some studies in the past about, you know, how do we kind of measure the impact of data? And obviously, this is going to vary by organization maturity, there's going to be a lot of factors. I've been in companies who have very clean, good data to work with and I've been with companies that we have to start basically from scratch. So it all depends on your maturity level. But in this study, what I think is interesting is they try to put a tagline or a tag price to what is the cost of incomplete data. So in this case, it's about 10 times as much to complete a unit of work when you have data that is flawed as opposed to having perfect data. So let me put that just in perspective, just as an example, right? Imagine you are trying to do something and you have to do 100 things in a project, and each time you do something, it's going to cost you a dollar. So if you have perfect data, the total cost of that project might be $100. But now let's say you have 80% perfect data and 20% flawed data. By using this assumption that flawed data is 10 times as costly as perfect data, your total costs now becomes $280 as opposed to $100. This just for you to really think about as a CIO, CTO, you know CHRO, CEO, "Are we really paying attention and really closing the gaps that we have on our data infrastructure?" If we don't do that, it's hard sometimes to see the snowball effect or to measure the overall impact, but as you can tell, the price tag goes up very, very quickly. So now, if I were to say, how do I communicate this or how do I break through some of these challenges or some of these barriers, right? I think the key is, I am in analytics, I know statistics obviously and love modeling, and, you know, data and optimization theory, and all that stuff. That's what I came to analytics, but now as a leader and as a change agent, I need to speak about value and in this case, for example, for Schneider. There was this tagline, make the most of your energy. So the number one thing that they were asking from the analytics team was actually efficiency, which to me was very interesting. But once I understood that, I understood what kind of language to use, how to connect it to the overall strategy and basically, how to bring in the right leaders because you need to, you know, focus on the leaders that you're going to make the most progress, you know. Again, low effort, high value. You need to make sure you centralize all the data as you can, you need to bring in some kind of augmented analytics, you know, solution. And finally, you need to make it super-simple for the, you know, in this case, I was working with the HR teams and other areas, so they can have access to one portal. They don't have to be confused and looking for 10 different places to find information. I think if you can actually have those four foundational pillars, obviously under the guise of having a data-driven culture, that's when you can actually make the impact. So in our case, it was about three years total transformation, but it was two years for this component of augmented analytics. It took about two years to talk to, you know, IT, get leadership support, find the budgeting, you know, get everybody on board, make sure the success criteria was correct. And we call this initiative, the people analytics portal. It was actually launched in July of this year and we were very excited and the audience was very excited to do this. In this case, we did our pilot in North America for many, many, many factors but one thing that is really important is as you bring along your audience on this, you know. You're going from Excel, you know, in some cases or Tableu to other tools like, you know, ThoughtSpot. You need to really explain them what is the difference and how this tool can truly replace some of the spreadsheets or some of the views that you might have on these other kinds of tools. Again, Tableau, I think it's a really good tool. There are other many tools that you might have in your toolkit but in my case, personally, I feel that you need to have one portal. Going back to Cindi's points, that really truly enable the end user. And I feel that this is the right solution for us, right? And I will show you some of the findings that we had in the pilot in the last two months. So this was a huge victory and I will tell you why, because it took a lot of effort for us to get to this stage and like I said, it's been years for us to kind of lay the foundation, get the leadership, initiating culture so people can understand, why you truly need to invest on augmented analytics. And so, what I'm showing here is an example of how do we use basically, you know, a tool to capturing video, the qualitative findings that we had, plus the quantitative insights that we have. So in this case, our preliminary results based on our ambition for three main metrics. Hours saved, user experience and adoption. So for hours saved, our ambition was to have 10 hours per week for employee to save on average. User experience, our ambition was 4.5 and adoption 80%. In just two months, two months and a half of the pilot, we were able to achieve five hours per week per employee savings, a user experience for 4.3 out of five and adoption of 60%. Really, really amazing work. But again, it takes a lot of collaboration for us to get to the stage from IT, legal, communications, obviously the operations things and the users. In HR safety and other areas that might be basically stakeholders in this whole process. So just to summarize, this kind of effort takes a lot of energy. You are a change agent, you need to have courage to make this decision and understand that, I feel that in this day and age with all this disruption happening, we don't have a choice. We have to take the risk, right? And in this case, I feel a lot of satisfaction in how we were able to gain all these great resource for this organization and that give me the confident to know that the work has been done and we are now in a different stage for the organization. And so for me, it's just to say, thank you for everybody who has belief, obviously in our vision, everybody who has belief in, you know, the work that we were trying to do and to make the life of our, you know, workforce or customers and community better. As you can tell, there is a lot of effort, there is a lot of collaboration that is needed to do something like this. In the end, I feel very satisfied with the accomplishments of this transformation and I just want to tell for you, if you are going right now in a moment that you feel that you have to swim upstream, you know, work with mentors, work with people in the industry that can help you out and guide you on this kind of transformation. It's not easy to do, it's high effort, but it's well worth it. And with that said, I hope you are well and it's been a pleasure talking to you. Talk to you soon. Take care. >> Thank you, Gustavo. That was amazing. All right, let's go to the panel. (light music) Now I think we can all agree how valuable it is to hear from practitioners and I want to thank the panel for sharing their knowledge with the community. Now one common challenge that I heard you all talk about was bringing your leadership and your teams along on the journey with you. We talk about this all the time and it is critical to have support from the top. Why? Because it directs the middle and then it enables bottoms up innovation effects from the cultural transformation that you guys all talked about. It seems like another common theme we heard is that you all prioritize database decision making in your organizations. And you combine two of your most valuable assets to do that and create leverage, employees on the front lines, and of course the data. Now as as you rightly pointed out, Tom, the pandemic has accelerated the need for really leaning into this. You know, the old saying, if it ain't broke, don't fix it, well COVID has broken everything and it's great to hear from our experts, you know, how to move forward, so let's get right into it. So Gustavo, let's start with you. If I'm an aspiring change agent and let's say I'm a budding data leader, what do I need to start doing? What habits do I need to create for long-lasting success? >> I think curiosity is very important. You need to be, like I said, in tune to what is happening, not only in your specific field, like I have a passion for analytics, I've been doing it for 50 years plus, but I think you need to understand wellbeing of the areas across not only a specific business. As you know, I come from, you know, Sam's Club, Walmart retail. I've been in energy management, technology. So you have to try to push yourself and basically go out of your comfort zone. I mean, if you are staying in your comfort zone and you want to just continuous improvement, that's just going to take you so far. What you have to do is, and that's what I try to do, is I try to go into areas, businesses and transformations, that make me, you know, stretch and develop as a leader. That's what I'm looking to do, so I can help transform the functions, organizations, and do the change management, the essential mindset that's required for this kind of effort. >> Well, thank you for that. That is inspiring and Cindi you love data and the data is pretty clear that diversity is a good business, but I wonder if you can, you know, add your perspectives to this conversation? >> Yeah, so Michelle has a new fan here because she has found her voice. I'm still working on finding mine and it's interesting because I was raised by my dad, a single dad, so he did teach me how to work in a predominantly male environment, but why I think diversity matters more now than ever before and this is by gender, by race, by age, by just different ways of working and thinking, is because as we automate things with AI, if we do not have diverse teams looking at the data, and the models, and how they're applied, we risk having bias at scale. So this is why I think I don't care what type of minority you are, finding your voice, having a seat at the table and just believing in the impact of your work has never been more important and as Michelle said, more possible. >> Great perspectives, thank you. Tom, I want to go to you. So, I mean, I feel like everybody in our businesses is in some way, shape, or form become a COVID expert, but what's been the impact of the pandemic on your organization's digital transformation plans? >> We've seen a massive growth, actually, in our digital business over the last 12 months really, even acceleration, right, once COVID hit. We really saw that in the 200 countries and territories that we operate in today and service our customers in today, that there's been a huge need, right, to send money to support family, to support friends, and to support loved ones across the world. And as part of that we are very honored to be able to support those customers that, across all the centers today, but as part of the acceleration, we need to make sure that we have the right architecture and the right platforms to basically scale, right? To basically support and provide the right kind of security for our customers going forward. So as part of that, we did do some pivots and we did accelerate some of our plans on digital to help support that overall growth coming in and to support our customers going forward, because during these times, during this pandemic, right, this is the most important time and we need to support those that we love and those that we care about. And doing that some of those ways is actually by sending money to them, support them financially. And that's where really our products and our services come into play that, you know, and really support those families. So, it was really a great opportunity for us to really support and really bring some of our products to the next level and supporting our business going forward. >> Awesome, thank you. Now, I want to come back to Gustavo. Tom, I'd love for you to chime in too. Did you guys ever think like you were pushing the envelope too much in doing things with data or the technology that it was just maybe too bold, maybe you felt like at some point it was failing, or you're pushing your people too hard? Can you share that experience and how you got through it? >> Yeah, the way I look at it is, you know, again, whenever I go to an organization, I ask the question, "Hey, how fast you would like to conform?" And, you know, based on the agreements on the leadership and the vision that we want to take place, I take decisions and I collaborate in a specific way. Now, in the case of COVID, for example, right, it forces us to remove silos and collaborate in a faster way. So to me, it was an opportunity to actually integrate with other areas and drive decisions faster, but make no mistake about it, when you are doing a transformation, you are obviously trying to do things faster than sometimes people are comfortable doing, and you need to be okay with that. Sometimes you need to be okay with tension or you need to be okay, you know, debating points or making repetitive business cases until people connect with the decision because you understand and you are seeing that, "Hey, the CEO is making a one, two year, you know, efficiency goal. The only way for us to really do more with less is for us to continue this path. We can not just stay with the status quo, we need to find a way to accelerate the transformation." That's the way I see it. >> How about Utah, we were talking earlier with Sudheesh and Cindi about that bungee jumping moment. What can you share? >> Yeah, you know, I think you hit upon it. Right now, the pace of change will be the slowest pace that you see for the rest of your career. So as part of that, right, this is what I tell my team, is that you need to be, you need to feel comfortable being uncomfortable. Meaning that we have to be able to basically scale, right? Expand and support the ever changing needs in the marketplace and industry and our customers today, and that pace of change that's happening, right? And what customers are asking for and the competition in the marketplace, it's only going to accelerate. So as part of that, you know, as you look at how you're operating today in your current business model, right? Things are only going to get faster. So you have to plan and to align and to drive the actual transformation, so that you can scale even faster into the future. So it's part of that, that's what we're putting in place here, right? It's how do we create that underlying framework and foundation that allows the organization to basically continue to scale and evolve into the future? >> Yeah, we're definitely out of our comfort zones, but we're getting comfortable with it. So Cindi, last question, you've worked with hundreds of organizations and I got to believe that, you know, some of the advice you gave when you were at Gartner, which was pre-COVID, maybe sometimes clients didn't always act on it. You know, not my watch or for whatever, variety of reasons, but it's being forced on them now. But knowing what you know now that, you know, we're all in this isolation economy, how would you say that advice has changed? Has it changed? What's your number one action and recommendation today? >> Yeah, well first off, Tom, just freaked me out. What do you mean, this is the slowest ever? Even six months ago I was saying the pace of change in data and analytics is frenetic. So, but I think you're right, Tom, the business and the technology together is forcing this change. Now, Dave, to answer your question, I would say the one bit of advice, maybe I was a little more very aware of the power in politics and how to bring people along in a way that they are comfortable and now I think it's, you know what, you can't get comfortable. In fact, we know that the organizations that were already in the cloud have been able to respond and pivot faster. So, if you really want to survive, as Tom and Gustavo said, get used to being uncomfortable. The power and politics are going to happen, break the rules, get used to that and be bold. Do not be afraid to tell somebody they're wrong and they're not moving fast enough. I do think you have to do that with empathy, as Michelle said and Gustavo, I think that's one of the key words today besides the bungee jumping. So I want to know where Sudheesh is going to go bungee jumping. (all chuckling) >> Guys, fantastic discussion, really. Thanks again to all the panelists and the guests, it was really a pleasure speaking with you today. Really, virtually all of the leaders that I've spoken to in theCUBE program recently, they tell me that the pandemic is accelerating so many things. Whether it's new ways to work, we heard about new security models and obviously the need for cloud. I mean, all of these things are driving true enterprise-wide digital transformation, not just as I said before, lip service. You know, sometimes we minimize the importance and the challenge of building culture and in making this transformation possible. But when it's done right, the right culture is going to deliver tournament results. You know, what does that mean? Getting it right. Everybody's trying to get it right. My biggest takeaway today is it means making data part of the DNA of your organization. And that means making it accessible to the people in your organization that are empowered to make decisions, decisions that can drive new revenue, cut costs, speed access to critical care, whatever the mission is of your organization, data can create insights and informed decisions that drive value. Okay, let's bring back Sudheesh and wrap things up. Sudheesh, please bring us home. >> Thank you, thank you, Dave. Thank you, theCUBE team, and thanks goes to all of our customers and partners who joined us, and thanks to all of you for spending the time with us. I want to do three quick things and then close it off. The first thing is I want to summarize the key takeaways that I heard from all four of our distinguished speakers. First, Michelle, I will simply put it, she said it really well. That is be brave and drive, don't go for a drive alone. That is such an important point. Often times, you know the right thing that you have to do to make the positive change that you want to see happen, but you wait for someone else to do it, not just, why not you? Why don't you be the one making that change happen? That's the thing that I picked up from Michelle's talk. Cindi talked about finding, the importance of finding your voice. Taking that chair, whether it's available or not, and making sure that your ideas, your voice is heard and if it requires some force, then apply that force. Make sure your ideas are heard. Gustavo talked about the importance of building consensus, not going at things all alone sometimes. The importance of building the quorum, and that is critical because if you want the changes to last, you want to make sure that the organization is fully behind it. Tom, instead of a single takeaway, what I was inspired by is the fact that a company that is 170 years old, 170 years old, 200 companies and 200 countries they're operating in and they were able to make the change that is necessary through this difficult time in a matter of months. If they could do it, anyone could. The second thing I want to do is to leave you with a takeaway, that is I would like you to go to ThoughtSpot.com/nfl because our team has made an app for NFL on Snowflake. I think you will find this interesting now that you are inspired and excited because of Michelle's talk. And the last thing is, please go to ThoughtSpot.com/beyond. Our global user conference is happening in this December. We would love to have you join us, it's, again, virtual, you can join from anywhere. We are expecting anywhere from five to 10,000 people and we would love to have you join and see what we've been up to since last year. We have a lot of amazing things in store for you, our customers, our partners, our collaborators, they will be coming and sharing. We'll be sharing things that we have been working to release, something that will come out next year. And also some of the crazy ideas our engineers have been cooking up. All of those things will be available for you at ThoughtSpot Beyond. Thank you, thank you so much.

Published Date : Oct 10 2020

SUMMARY :

and the change every to you by ThoughtSpot. Nice to join you virtually. Hello Sudheesh, how are you doing today? good to talk to you again. is so important to your and the last change to sort of and talk to you about being So you and I share a love of do my job without you. Great and I'm getting the feeling now, Oh that sounds good, stakeholders that you need to satisfy? and you can find the common so thank you for your leadership here. and the time to maturity at the right time to drive to drag on you for a second. to support those customers going forward. but even going back to Sam's Clubs. in the way that you might want to work. and of course the data. that's just going to take you so far. but I wonder if you can, you know, and the models, and how they're applied, everybody in our businesses and to support loved and how you got through it? and the vision that we want to take place, What can you share? and to drive the actual transformation, to believe that, you know, I do think you have to the right culture is going to and thanks to all of you for

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Manosiz Bhattacharyya, Nutanix | Global .NEXT Digital Experience 2020


 

>>from around the globe. It's the queue >>with coverage of the global dot Next digital experience brought to you by Nutanix I'm stew Minuteman. And this is the Cube's coverage of the Nutanix dot next conference This year it is the global dot next digital experience pulling together the events that they had had dispersed across the globe, bringing to you online and happy to welcome to the program. First time guest but a long time Nutanix engineering person, Nanosys Bhattacharya. He's the senior vice president of engineering at Nutanix. Mono is everyone calls him. Thanks so much for joining us. Thank you. All right. So, you know, you know, we've been doing the Cube since, you know, over 10 years now, I remember the early days of talking to Dheeraj and the team when we first bring him on the Cube. It was about taking some of the things that the hyper scale hours did. And bringing that to the enterprise was actually you know, one of the interesting components there dial back a bunch of flash was new to the enterprise, and we've looked at one of the suppliers that was supplying to some of the very largest companies in the world. Um, and also some of the companies in the enterprise, like fusion io. It was a new flash package. And that was something that in the early days Nutanix used before it kind of went to more, I guess commodity flash. But, you know, develop a lead developer, engineers that I talked to came from, you know, Facebook and Oracle and others. Because understanding that database in that underlying substrate to be able to create what is hyper converged infrastructure that people know, is there. So maybe we could start, Just give the audience a little bit. You know, you've been with Nutanix long time, your background and what it is that you and your team work on into inside the company. >>Yeah. Thank you. So, uh, so I think I come from a distributed systems for a long time. I've been working in Oracle for seven years, building parts of the exit data system, some off the convergence that databases have done with beauty in storage. You could see the same hyper convergence in other platforms like I do where computed storage was brought together. I think the Nutanix story was all about Can we get this hyper convergence work for all types of applications. And that was the vision of the company that whatever black home that these hyper scaler to build this big database companies and built, can this be provided for everybody? For all types of applications? I think that was the main goal. And I think we're inching our way, but surely and safely, I think we will be there pretty much. Every application will run on Nutanix states yet. >>Alright, well, and if you look at kind of the underlying code that enables your capability, one of the challenges always out there is, you know, I build a code base with the technology and the skill sets I have. But things changed. I was talking about flash adoption before a lot of changes that happened in the storage world. Compute has gone through a lot of architect role changes, software and location with clouds and the like. So it's just talk about that code base. You talk about building distributed systems. How does Nutanix make sure that that underlying code doesn't kind of, you know, the window doesn't close on how long it's going to be able to take advantage of new features and functionality. >>Yeah, I think Nutanix from the beginning. One thing that we have made sure is that you know, we could always give continuous innovation the choices that we make get like we actually separated the, you know, the concerns between storage and compute. We always had a controller vm running the storage. We actually made sure we could run all of the storage and user space. And over time, what has happened is, every time we abraded us off where people got, you know, faster performance, they get more secure, They've got more scalable. And that, I think, is the key sauce. It's all software. It's all software defined infrastructure on commodity hardware and in the commodity hardware can be anywhere. I mean, you could pretty much build it on a brand. And now that we see, you know, with the hyper scaler is coming on with bare metal is a service. We see hyper convergence as the platform of the infrastructure on which enterprises are willing to run their applications in the public club. I mean, look at new being vmc Nutanix clusters is getting a lot of traction. Even before I mean, we have just gone out a lot of customer excitement there on that is what I think is the is the true nature of Nutanix being a pure software play and cheating every hardware you know uniform and whether this is available in the public cloud or it's available in your own data center, the black at the storage or the hyper visor or the entire infrastructure software that we have that doesn't cheat. So I think in some ways we're talking about this new eight. See, I call the hybrid Cloud Infrastructure to 88. The hyper converge infrastructure becomes the substrate for the new hybrid cloud infrastructure. >>Yeah, definitely. It was a misconception for a number of years. Is people looked at the Nutanix solution and they thought appliance. So if I got a new generation of hardware, if I needed to choose a different harbor vendor? Nutanix is a software company. As you describe you, got some news announced here at the dot next show. When it comes to some of those underlying storage pieces, bring us through. You know, we always we go around to the events and, you know, companies like Intel and NVIDIA always standing up with next generation. I teased up a little bit that we talked about Flash. What's happening with envy me? Storage class memories. So what is it that's new for the Nutanix platform? >>Yeah, let me start a little bit, you know, on what we have done for the last maybe a year or so before, you know, important details off why we did it. And, you know, what are the advantages that customers might tap? So one thing that was happening, particularly for the last decade or so, is flash was moving on to faster and faster devices. I mean, three d cross point came in memory glass storage was coming in, so one thing that was very apparent Waas You know, this is something that we need to get ready for now. At this point, what has happened is that the price point that you know, these high end devices can be a pain has come where mass consumption can happen. I mean, anybody can actually get a bunch of these obtained drives at a pretty good price point and then put it in their servers and expected performance. I think the important thing is we build some of the architectural pieces that can enable they, uh the, uh enable us to leverage the performance that these devices get. And for that, I think let's start with one of the beginning. Things that we did was make sure that we have things like fine grain metadata so that, you know, you could get things like data locality. So the data that the compute would need but stay in the server that was very important part or one of the key tenets of our platform. And now, as these devices come on, we want to actually access them without going over the next. You know, in the in the very last year, we released a Construct Autonomous Extent store. So which is not only making data local, but also make sure metadata as well, having the ability to actually have hyper convergence where we can actually get data and metadata from the same server. It benefits all of these newer class storage devices because the faster the devices, you wanted to be closer to the compute because the cost of getting to the device actually adds up to the Layton's. He adds up to the application with for the storage in the latest. I would say this the dot Next, What we're announcing is two technologies. One is awful lot store, which is our own user file system. It's a completely user space file system that is available. We're replacing gets before we're all our You know, this drives which will then be in me and beyond on. And we're also announcing SPD K, which is basically a way for accessing these devices from user space. So now, with both of these combine, what we can do is we can actually make an Iot from start to finish all in user space without crossing the Colonel without doing a bunch of memory copies. And that gives us the performance that we need to really get the value out of these. You know, the high end devices and the performance is what our high end applications are looking for. And that is, I think, what the true value that we can add your customs. >>Yes. Oh man, if I If I understand that right, it's really that deconstruction, if you will, of how storage interacts with the application it used to be. It was the scuzzy stack when I used to think about the interface and how far I had to go. And you mentioned that performance and latency is so important here. So I was removing from, you know, what traditionally was disc either externally or internally, moving up to flash, moving up to things like Envy me. I really need to re architect things internally. And therefore, this is this is how you're solving it, creating higher io. Maybe if you could bring us inside. You know, I think high performance Iot and low latency s ap hana was one of the early use cases that that that everyone talked about that we had to re architect. What does this mean for those solutions? Any other kind of key applications that this is especially useful for? >>Yeah, I think all the high end demanding applications talk about smp, Hana allow the healthcare applications. Look at epic meditate. Look at the high end data basis because we already run a bunch of databases, but the highest and databases still are not running on a C. I. I think this technology will enable you know the most demanding oracle or Sequels. Of course, Chris, you know all the analytics applications they will now be running on a CSO. The dream that we had every application, whatever it is, they can run on the C I. A platform that can become a reality. And that is what we're really looking forward to it. So our customers don't have to go to three year for anything. If if if. If it is an application that you want to run a CEO is the best platform for your application that is working what you want. >>Alright, So let me make sure I understand this because while this is a software update, this is leveraging underlying new hardware components that are there. I'm not taking a three year old server on to do this. Can you help understand? You know, what do they need to buy to be able to enable this type of solution? >>So I think the best thing is we already came up with the all envy. Any platform and everything beyond that is software change. Everything that we are is just available on an upgrade. So of course you need a basic platform which actually has the high end devices themselves, which we have hard for a year or so But the good thing about Nutanix is once you upgrade, it's like a Tesla you know you have. But once you get that software upgrade, you get that boosted performance. So you don't need to go and buy new hardware again. As long as you have the required devices, you get the performance just by upgrading it to the new the new version of the air soft. I think that is one of the things that we have done forever. I mean, every time we have upgraded, you will see. Over the years, our performance is increased and very seldom has a pastoral required to change. You know their internal hardware to get the performance. Now, another thing that we have is we support heterogeneous clusters. So on your existing cluster, let's say that you're running on flash and you want to get you all. And maybe you can add nodes, you know, which are all envy me and get the performance on those notes. While these flash can take the non critical pieces which is not requiring you to understand performance but still give you the density off water. VD I are maybe a general server virtualization. While these notes can take into account the highest on databases or highest analytic applications, so the same cluster and slowly expand to actually take this opportunity of applications on >>Yeah, thats this is such an important point We had identified very early on. When you move to HV I. Hopefully, that should be the last time that you need to do a migration any time. Anybody that has dealt with storage moving from one generation to the next or even moving frames can be so challenging. Once you're in that cool, you can upgrade code. You can add new nodes. You can balance things out. So it's such an important point there. UH, you stated earlier. The underlying A OS is now built very much for that hybrid cloud world. You talk about things like clusters that you have now have the announcement with AWS now that they have their bare metal certain service. So do we feel we're getting a balancing out of what's available for customers, whether it's in their own data center in a hosted environment where they have it, or the public cloud to take capabilities like you were talking about with the new storage class? >>Yeah, I think I see most of these public clouds are already providing you, uh, hardware which hasn't being built in which I'm sure in the future we have storage class memory building. So all the enterprise applications that were running on prim with the latency guarantees, you know, with the performance and throughput guarantees can be available in the public cloud, too. And I think that is a very critical thing. Because today, when you lift and shift, one of the biggest problems that all their customers face is when you're in the cloud, you find that enterprise applications are not built for it, so they have to either really protect it or they have to make, you know, using a new cloud native constructs. And in this model, you can use the bare metal service and run the enterprise applications in exactly the same way as you would run in your private data center. And that is a key tell, because now, with this 100 our data mobility framework where we can actually take both storage and applications, you know do lose them a trust public and the private cloud we now have the ability to actually control on application end to end. A customer can choose Now that they want to run it, they don't have to think. Oh, yeah? I have to move to that. Have to be architected. You can choose the cloud and run it in the panel service exactly as you were honoring your private data center. You've been utilizing things like Nutanix clusters. >>Great, well mannered. Last last question I have for you. You know, we really dug down into some of the architectural underpinnings in some of the pieces inside the box. Bring it back up high level, if you would, from a customer standpoint, key things that they should be understanding that Nutanix is giving them with all of these new capabilities. You mentioned the block store and the SPK. >>Yeah, I think for the customer, the biggest advantage is that the platform that they chose for you know, you see, some of virtualization can be used for the most demanding workloads. They're free to use, you know, Nutanix for smp, Hana for high end Oracle databases, Big data validates they can actually use it for all the healthcare apps that I mentioned epic and meditate and at the same time, keep the investment and hardware that they already have. So I think the fact about this Tesla kernel analogy that we always think is so act with Nutanix. I think with the same hardware, uh, investment that they have done with this new architecture. They can actually start leveraging that and utilize it for more and more, you know, demanding workloads. I think that is the key advantages. Without changing your you know, the appliances or your san or your servers, you get the benefit of running the most demanding applications. >>Well, congratulations to you and the team. Thanks so much for sharing all the updates here. Alright. And stay tuned for more coverage from the Nutanix global dot Next digital experience. I'm stew minimum. And as always, Thank you for watching the Cube. >>Yeah, Yeah, yeah, yeah, yeah

Published Date : Sep 9 2020

SUMMARY :

It's the queue And bringing that to the enterprise was actually you know, one of the interesting components there dial I think the Nutanix story was all about Can we get this hyper convergence one of the challenges always out there is, you know, I build a code base with the technology and One thing that we have made sure is that you know, you know, companies like Intel and NVIDIA always standing up with next generation. At this point, what has happened is that the price point that you know, these high end devices So I was removing from, you know, what traditionally was disc either externally I. I think this technology will enable you know the most demanding oracle or Sequels. Can you help understand? I mean, every time we have upgraded, you will see. You talk about things like clusters that you have now have the announcement with AWS that were running on prim with the latency guarantees, you know, Bring it back up high level, if you would, from a customer standpoint, key things that they should be understanding They're free to use, you know, Well, congratulations to you and the team.

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Greg Smith, Madhukar Kumar & Thomas Cornely, Nutanix | Global .NEXT Digital Experience 2020


 

>> From around the globe it's theCUBE with coverage of the GLOBAL.NEXT DIGITAL EXPERIENCE brought to you by Nutanix. >> Hi and welcome back, we're wrapping up our coverage of the Nutanix .Next Global Digital Experience, I'm Stu Miniman and I'm happy to welcome to the program, help us as I said wrap things up. We're going to be talking about running better, running faster and running anywhere. A theme that we've heard in the keynotes and throughout the two day event of the show. We have three VPs to help go through all the pieces coming up on the screen with first of all we have Greg Smith who's the vice president of product technical marketing right next to him is Madhukar Kumar, who is the vice president of product and solutions marketing and on the far end, the senior vice president Thomas Cornely, he is the senior vice president, as I said for product portfolio management. Gentlemen, thank you so much for joining us. >> Good to be here Stu. >> Alright, so done next to show we really enjoy, of course this the global event so not just the US and the European and Asia but what really gets to see across the globe and a lot going on. I've had the pleasure of watching Nutanix since the early days, been to most of the events and the portfolio is quite a bit bigger than just the original HCI solution. Thomas since you've got to portfolio management is under your purview, before we get into summarizing all of the new pieces and the expansion of the cloud and software and everything just give us if you could that overview of the portfolio as it's coming into the show. >> Yeah absolutely Stu. I mean as you said we've been doing this now for 10 plus years and we've grown the portfolio we developed products over the years and so what we rolled out at this conference is a new way and to talk about what we do at Nutanix and what we deliver in terms of set of offerings and we talk about the 4 D's. We start with our digital hyper converged infrastructure cartridges, dual core HCI stack that you can run on any server and that stack these two boards are data center services which combines our storage solutions, our business computing and data recovery solution and security solutions on DevOps services, which is our database automation services, our application delivery automation services and now our new common and that's one of the service offerings and then our desktop services catridges which is our core VDI offering and offering our discipline and service offerings. So put all these together this is what we talk about in the 4 D's, which is on Nutanix cloud platform that you can run on premises and now on any job. >> Well thank you Thomas for laying the ground work for us, Greg we're going to come to you first that run better theme as Thomas said and as we know HCI is at the core a lot of discussions this year of course, the ripple effect of the global pandemic has more people working remotely that's been a tailwind for many of the core offerings, but help us understand, how's that building out some of the new things that we should look at in the HCI. >> Yeah ,thanks too for Nutanix and our customers a lot of it begins with HCI, right. And what we've seen in the past year is really aggressive adoption for HCI, particularly in core data center and private cloud operations and customers are moving to HCI in our not only for greater simplicity, but to get faster provisioning and scaling. And I think from a workload perspective, we see two things, that ACI is being called upon to deliver even more demanding apps those with a really very low latency such as large scale database deployments. And we also see that HCI is expected to improve the economics of IT and the data center and specifically by increasing workload density. So we have a long history, a storied history of continually improving HCI performance. In fact every significant software release we've optimized the core data path and we've done it again. We've done it again with our latest HCI software release that we announced just this week as our next. The first enhancement we made was in 518, was to reduce the CPU overhead and latency for accessing storage devices such as SSD and NBME and we've done this by managing storage space on physical devices in the HCI software. So rather than rely on slower internal file systems and this new technology is called block store and our customers can take advantage of block store simply by upgrading to the new software released and we're seeing immediate performance gains of 20 to 25% for IOPS and latency. And then we built on top of that, we've added software support for Intel Optane by leveraging user space library, specifically SPDK or storage performance development kit. And SPDK allows Nutanix to access devices from user space and avoid expensive interrupts and systems calls. So with this support along with block store we're seeing application performance gains about this 56% or more. So we're just building our own a legacy of pushing performance and software and that's the real benefit of moving to HCI. >> And just to add to that too when it comes to run better I think one of the things that we think of running better is automation and operation then when it comes to automation and operation there are a couple of ways I would say significant announcements that we also did to. One is around Comm as a service. Comm is one of those products that our customers absolutely love and now with Comm as a service you have a SaaS plane, so you can just without installing anything or configuring anything you could just take advantage of that. And the other thing we also announced is something called Nutanix central and Nutanix central gives you the way to manage all your applications on Nutanix across all of your different clusters and infrastructure from a single place as well. So two big parts of a run better as well. >> Well, that's great and I've really, is that foundational layer, Madhukar if we talk about expanding out, running faster the other piece we've talked about for a few years is step one is you modernize the platform and then step two is really you have to modernize your application. So maybe help us understand that changing workload cloud native is that discussion that we've been having a few years now, what are you hearing from your customers and what new pieces do you have to expand and enable that piece of the overall stack? >> Yeah, so I think what you mentioned which is around cloud data the big piece over there is around Cybernetics's and they already had a carbon, so with carbon a lot of the things of complexities around managing cybernetics is all taken care of, but there are higher level aspects on it like you have to have observability, you have to have log, you have to have managed the ingress ,outgress which has a lot of complexity involved with, so if you're really just looking for building of applications what we found is that a lot of our customers are looking for a way to be able to manage that on their own. So what we announced which is carbon platform service enables you to do exactly that. So if you're really concerned about creating cloud native applications without really worrying too much about how do I configure the cybernetics clusters? How do I manage Histio? How do I manage all of that carbon platform service that actually encapsulates all of that to a sass plate So you can go in and create your cloud native application as quickly and as fast as possible, but just in a typical Nutanix style we wanted to give that freedom of choice to our customers as well. So if you do end up utilizing this what you can also choose is the end point where you want these application to run and you could choose any of the public clouds or the hyper scaler or you could use a Nutanix or an IOT as an endpoint as well. So that was one of the big announcements we've made. >> Great, Greg and Madhukar before we go on, it's one of the things that I think is a thread throughout but maybe doesn't get highlighted as much but security of course is been front and center for a while, but here in 2020 is even more emphasized things like ransomware, of course even more so today than it has been for a couple of years. So maybe could it just address where we are with security and any new pieces along there that we should understand? >> Yeah, I can start with that if I could. So we've long had security in our platform specifically micro-segmentation, fire walling individual workloads to provide least privilege access and what we've announced this week at .Next is we've extended that capability, specifically we've leveraged some of the capabilities in Xi beam and this is our SAS based service to really build a single dashboard for security operators. So with security central, again a cloud based SAS app, Nutanix customers can get a single pane from which they can monitor the entire security posture of their infrastructure and applications, it gives you asset reporting, asset inventory reporting, you can get automated compliance checks or HIPAA or PCI and others. So we've made security really easy in keeping with the Nutanix theme and it's a security central is a great tool for that security operations team so it's a big step for Nutanix and security. >> Yeah. >> To actually add on this one, one bit piece of security central is to make it easier, right. To see your various network bills and leverage the flow micro segmentation services and configure them on your different virtual machines, right? So it's really a key enabler here to kind of get a sense of what's going on in your environment and best configure and best protect and secure infrastructure. >> Thomas is exactly right. In fact, one of the things I wanted to chime into and maybe Greg you could speak a little bit more about it. One of my favorite announcements that we heard or at least I heard was the virtualized networking and coming from a cloud native world, I think that's a big deal. The ability to go create your virtual private cloud or VPCs and subnets and then be able to do it across multiple clouds. That's, something I think has been long time coming, so I was personally very, very pleased to hear that as well. Greg, do you want to add a little bit more? >> Yeah, that's a good point I'm glad you brought that up, when we talk about micro-segmentation that's one form of isolation, but what we've announced is virtual networking. So we really adopted some cloud principles, specifically virtual private clouds constructs that we can now bring into private cloud data centers. So this gives our customers the ability to define and deploy virtual networks or overlays this sort of sit on top of broadcast domains and VLANs and it provides isolation for different environments. So a number of great use cases, we see HCI specifically being relied upon for fast provisioning in a new environment. But today the network has always been sort of an impediment to that we're sort of stuck with physical network plants, switches and routers. So what virtual networking allows us to do is through APIs, is to create an isolated network a virtual private cloud on a self service basis. This is great for organizations that increasing operating as service providers and they need that tenant level segmentation. It's also good for developers who need isolated workspace and they want to spin it up quickly. So we see a lot of great use cases for virtual networks and it just sort of adds to our full stack so we've software defined compute, we've software defined storage, now we're completing that with software defining networking. >> And if I have it right in my notes the virtual networking that's in preview today correct? >> Yes, we announce it this week and we are announcing upcoming availability, so we have number of customers who are already working with us to help define it and ready to put it into their environments. The virtual private network is upcoming from Nutanix. >> Yeah, so I absolutely I've got, Mudhakar, I've got a special place in my heart for the networking piece that's where a lot of my background is, but there was a different announcement that got a little bit more of my attention and Thomas we're going to turn to you to talk a little bit more about clusters. I got to speak with Monica and Tarkin, ahead of the conference when you had the announcement with AWS, for releasing Nutanix clusters and this is something we've been watching for a bit, when you talk about the multicloud messaging and how you're taking the Nutanix software and extending it even further that run anywhere that you have talk about in the conference. So Thomas if you could just walk us through the announcements as I said something we've been excited, I've been watching this closely for the last couple of years with Nutanix and great to see some of the pieces really starting to accelerate. >> Well absolutely and as you said this is something that's been core to the strategy in terms of getting and enabling customers to go and do more with hybrid cloud and public cloud and if you go back a few weeks when we announced clusters on AWS this was a few weeks back now, we talked of HCI is a prerequisite to getting the most of your hybrid cloud infrastructure, which is the new HCI in our mind and what we covered at .Next was this great announcement with Microsoft Azure, right, and just leveraging their technologies bringing some of their control plan onto our cloud platform but also now adding clusters on Azure and announcing that we'll be doing this in a few months. Enabling the customers to go and take the same internet cloud platform the same consistent set of operations and technology services from data center services, DevOps services and desktop services and deploying those anywhere on premises, on AWS or on Microsoft Azure and again for us cloud is not a destination. This is not a now we just accomplished something. This is a new way of operating, right? And so it's touching, giving customers options in terms of where they want to go to count so we keep on adding new counts as we go but also it's a new form of consuming infrastructure, right? From an economist perspective you probably know, you don't extend it you're pressing into the moving to is fiction based offering on all of our solutions and our entire portfolio and as we go and enable these clusters offering, we're not making consumptions more granular to non customers do not consume our software on an hourly basis or a monthly basis. So again this is kind of that next step of cloud is not just technology, it's not a destination it's a new way of operating and consuming technology. >> Why think about the flexibility that this brings to existing new techs customers it gives them enormous choices in terms of new infrastructure and whether they set up new clusters. So think about in text a customer today. They may have data centers throughout the US or in Europe and in Asia Pacific, but now they have a choice rather than employ their Nutanix environment, in an existing data center or Colo, they can put it into AWS and they can manage it exactly the same. So it just provides near infinite choice for our customers of how they deploy HCI and our full software stack. In addition to the consumption that Thomas talked about, consumption choices. >> Yeah, just to add to that again I should have said this is also one of my favorite announcements as well, yesterday. We Greg, myself, Thomas, we were talking to some industry analysts and they were talking about, Hey, you know how there is a need for pods where you have compute, you have network and you have storage altogether, and now people want to run it across multiple different destination but they have to have the freedom of choice. Today using one different kind of hardware tomorrow you want to use something else. They should be portability for that, so with clusters, I think what we have been able to do is to take that concept and apply it across public cloud. So the same whether you want to call it a pod or whatever but compute, storage, networking. Now you have the freedom of choice of choosing a public cloud as an end point where you want to run it. So absolutely one of those I would say game-changing announcements that we have made more recently. >> Yeah-- >> To close that loop actually and talk about portability as enabling quality of occupations. But also one thing that's really unique in terms of how we're delivering this to customers is probability of licenses. The fact that you have a subscription term license for on premises you can very easily now repay the license if you decide to move a workload and move a cluster from one premises to your count of choice, that distance is also affordable. But so again, full flexibility for these customers, freedom of choice from a technology perspective but also a business perspective. >> Well, one of the things I think that really brings home how real this solution is, it's not just about location, Thomas as you said, it's not about a destination, but it's about what you can do with those workloads. So one of the use cases I saw during the conference was talking about a very long partner of a Nutanix Citrix and how that plays out in this clusters type of environment so maybe if you could just illustrate that as one of those proof points is how customers can leverage the variety of choice. >> Yeah, we're very excited about this one, right? Because given what we're currently going through as a humanity right now, across the world with COVID situation, and the fact that we all have now to start looking at working from home, enabling scaling of existing infrastructure and doing it without having to go and rethink your design enabling this clusters in our Citrix solution is just paramount. Because what it will ask you to do is if you say you started and you had an existing VDI solution on premises using Citrix, extending that now and you putting new capacity in every location where you can go and spin this up in any AWS region or Azure region, no one has to go and the same images, the same processes, the same operations of your original desktop infrastructure would apply regardless of where you're moving now your workforce to work remotely. And this is again it's about making this very easy and keeping that consistency operations, from managing the desktops to managing that core infrastructure that is now enabled by using different clusters on Azure or AWS. >> Well, Thomas back in a previous answer, I thought you were teeing something up when you said we will be entering a new era. So when you talk about workloads that are going to the cloud, you talk about modernization probably the hottest area that we have conversations with practitioners on is what's happening in the database world. Of course, there's migrations, there's lots of new databases on there, and Nutanix era is helping in that piece. So maybe if we could as kind of a final workload talk about how that's expanding and what updates you have for the database. >> Absolutely and so I mean Eras is one of our key offerings when it comes to a database automation and really enabling teams to start delivering database as a service to their own and users. We just announced Era 2.0 which is now taking Era to a whole other level, allowing you to go and manage your devices on cross clusters. And this is very topical in this current use case, because we're talking of now I can use era to go in as your database that might be running on premises for production and using Era to spin up clones for test drive for any team anywhere potentially in cloud then using clusters on the all kind of environments. So those use cases of being which more leverage the power of the core is same structure of Nutanix for storage management for efficiency but also performance and scaling doing that on premises and in unique cloud region that you may want to leverage, using Era for all the automation and ensuring that you keep on with your best practices in terms of deploying and hacking your databases is really critical. So Era 2.0 great use cases here to go and just streamline how you onboard databases on top of HCI whether you're doing HCI on premises or HCI in public town, and getting automation of those operations at any scale. >> Yeah, hey Tom has mentioned a performance and Era has been a great extension to the portfolio sitting on top of our HCI. As you know Stu database has long been a popular workload to run it all HCI, particularly Nutanix and it extends from scalability performance. A lot of I talked about earlier in terms of providing that really low latency to support the I-Ops, to support the transactions per second, that are needed these very demanding databases. Our customers have had great success running SAP, HANA, Oracle SQL server. So I think it's a combination of Era and what we're doing as Thomas described as well as just getting a rock solid foundational HCI platform to run it on and so that's what we're very excited about to go forward in the database world. >> Wonderful, well look, we covered a lot of ground here. I know we probably didn't hit everything there but it's been amazing to watch Nutanix really going from simplicity at its core and software driving it to now that really spiders out and touches a lot of pieces. So I'll give you each just kind of final word as you having conversations with your customers, how do they think of Nutanix today and expect that we have a little bit of diversity and the answers but it's one of those questions I think the last couple of years you've asked when people register for .Next. So it's, I'm curious to hear what you think on that. Maybe Greg if we start with you and kind of go down the line. >> Yeah, for me what sums it up is Nutanix makes IT simple, It makes IT invisible and it allows professionals to move away from the care and feeding structure and really spend more time with the applications and services that power their business. >> And I agree with Greg I think the two things that always come up, one is the freedom of choice, the ability for our customers to be able to do so many different things, have so many more choices and we continue to do that every time we add something new or we announce something new and then just to add onto what Greg said is to try and make the complexities invisible, so if there are multiple layers, abstract them out so that our customers are really focused on doing things that really matter versus trying to manage all the other underlying layers, which adds more complexity. >> Yeah You could just kind of send me to it up right. In the end, internet is becoming much more than HCI, as hyper converged infrastructure this is not taking it to another level with the hybrid cloud infrastructure and when you look at what's been built over the last few years from the portfolio points that we now have, I think it was just growing recognition that internet actually delivers this cloud platform that you can all average to go and get to a consistency of services, operations and business operations in any location, on premises through our network constant providers through our Nutanix cloud offerings and hyper scaler with Nutanix clusters. So I think things are really changing, the company is getting to a whole other level and I couldn't be more excited about what's coming out now the next few years as we keep on building and scaling our cloud platform. >> And I'll just add my perspective as a long time watcher of Nutanix. For so long IT was the organization where you typically got an answer of no, or they were very slow to be able to react on it. It was actually a quote from Alan Cohen at the first .Next down in Miami he said, "we take need to take those nos "and those slows and get them to say go." So the ultimate, what we need is of course reacting to the business, taking those people, eliminating some of the things that were burdensome or took up too much time and you're freeing them up to be able to really create value for the business. Want to thank Greg, Madhukar, Thomas, thank you so much for helping us wrap up, theCUBE is always thrilled to be able to participate in .Next great community customers really engaged and great to talk with all three of you. >> Thank you. >> Alright so that's a rack for theCUBES coverage of the Nutanix Global.Next digital experience. Go to thecube.com. thecube.net is the website where you can go see all of the previous interviews we've done with the executives, the partners, the customers. I'm Stu Miniman and as always thank you for watching theCUBE.

Published Date : Sep 9 2020

SUMMARY :

brought to you by Nutanix. and on the far end, and the portfolio is quite a bit bigger and that's one of the service offerings and as we know HCI is at the core and that's the real and Nutanix central gives you the way is really you have to and you could choose and any new pieces along there and this is our SAS based service and leverage the flow and then be able to do it and it just sort of adds to our full stack and ready to put it and great to see some of the pieces Well absolutely and as you said that this brings to and you have storage altogether, now repay the license if you decide and how that plays out in this clusters and the fact that we all have now to start and what updates you have and ensuring that you keep on and so that's what and kind of go down the line. and services that power their business. and then just to add onto what Greg said and get to a consistency of services, and great to talk with all three of you. and as always thank you

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Tarkan Maner & Rajiv Mirani, Nutanix | Global .NEXT Digital Experience 2020


 

>> Narrator: From around the globe, it's theCUBE with coverage of the Global .NEXT Digital Experience brought to you by Nutanix. >> Welcome back, I'm Stu Miniman and this is theCUBE's coverage of the Nutanix .NEXT Digital Experience. We've got two of the c-suite here to really dig into some of the strategy and partnerships talked at their annual user conference. Happy to welcome back to the program two of our CUBE alumni first of all, we have Tarkan Maner. He is the Chief Customer Officer at Nutanix and joining us also Rajiv Mirani, he is the Chief Technology Officer, CTO. Rajiv, Tarkan, great to see you both. Thanks so much for joining us on theCUBE. >> Great to be back. >> Good to see you. >> All right. So Tarkan talk about a number of announcements. You had some big partner executives up on stage. As I just talked with Monica about, Scott Guthrie wearing the signature red polo, you had Kirk Skaugen from Lenovo of course, a real growing partnership with Nutanix, a bunch of others and even my understanding the partner program for how you go to market has gone through a lot. So a whole lot of stuff to go into, partnerships, don't need to tackle it all here upfront, but give us some of the highlights from your standpoint. >> I'll tell this to my dear friend Rajiv and I've been really busy, last few months and last 12 months have been super, super busy for us. And as you know, the latest announcements we made the new $750 million investment from Bain capital, amazing if by 20 results, Q4, big results. And obviously in the last few months big announcements with AWS as part of our hybrid multicloud vision and obviously Rajiv and I, we're making sale announcements, product announcements, partner announcements at .NEXT. So at a high level, I know Rajiv is going to cover this a little bit more in detail, but we covered everything under these three premises. Run better, run faster and run anywhere. Without stealing the thunder from Rajiv, but I just want to give you at a high level a little bit. What excites us a lot is obviously the customer partner intimacy and all this new IP innovation and announcement also very strong, very tight operational results and operational execution makes the company really special as a independent software vendor in this multicloud era. Obviously, we are the only true independent software vendor to do not run a business in a sense with fast growth. Timed to that announcement chain we make this big announcement with Azure partnership, our Nutanix portfolio under the Nutanix cluster ran now available as Bare-Metal Service on Azure after AWS. The partnership is new with Azure. We just announced the first angle of it. Limited access customers are taking it to look at the service. We're going to have a public preview in a few months, and more to come. And obviously we're not going to stop there. We have tons of work going on with other cloud providers, as well. Tying that, obviously, big focus with our Citrix partnership globally around our end user computing business as Rajiv will outline further, our portfolio on top of our digital infrastructure, tying the data center services, DevOps services, and you user computing services, Citrix partnership becomes a big one, and obviously you're tying the Lenovo and HP partnership to these things as the core platforms to run that business. It's creating tons of opportunity and I'll cover a little bit more further in a bit more detail, but one other partnership we are also focusing on, our Google partnership and on desktop as a service. So these are all coming to get around data center, DevOps, and user competent services on top of that amazing infrastructure Rajiv and team built over the past 10 years. I see Rajiv as one of our co-founders and one side with the right another. So the business is obviously booming in multiple fronts. This, if by 2020 was a great starting point with all this investment, that bank capital $750 million, big execution, ACD transition, software transition. And obviously these cloud partnerships are going to make big differences moving forward. >> Yeah, so Rajiv, want to build off what Tarkan was just saying there, that really coming together, when I heard the strategy run better, run faster, run anywhere, it really pulled together some of the threads I've been watching at Nutanix the last couple of years. There's been some SaaS solutions where it was like, wait, I don't understand how that ties back to really the core of what Nutanix does. And of course, Nutanix is more than just an HCI company, it's software and that simplicity and the experience as your team has always said, trying to make things invisible, but help if you would kind of lay out, there's a lot of announcements, but architecturally, there were some significant changes from the core, as well as, if I'm reading it right, it feels like the portfolio has a little bit more cohesion than I was seeing a year or so ago. >> Yeah, actually the theme around all these announcements is the same really, it's this ability to run any application, whether it's the most demanding traditional applications, the SAP HANA, the Epics and so on, but also the more modern cloud native application, any kind of application, we want the best platform. We want a platform that's simple, seamless, and secure, but we want to be able to run every application, we want to run it with great performance. So if you look at the announcements that are being made around strengthening the core with the Block Store, adding things like virtual networking, as well as announcements we made around building Karbon platform services, essentially making it easier for developers to build applications in a new cloud native way, but still have the choice of running them on premises or in the cloud. We believe we have the best platform for all of that. And then of course you want to give customers the optionality to run these applications anywhere they want, whether that's a private cloud, their own private data centers and service providers, or in the public cloud and the hyperscalers. So we give them that whole range of choices, and you can see that all the announcements fit into that one theme: any application, anywhere, that's basically it. >> Well, I'd like you to build just a little bit more on the application piece. The developer conversation is something we've been hearing from Nutanix the last couple of years. We've seen you in the cloud native space. Of course, Karbon is your Kubernetes offering. So the line I used a couple of years ago at .NEXT was modernize the platform, then you can modernize all of your applications on top of it, so where does Nutanix touch the developer? You know, how does that, building new apps, modernizing my apps tie into the Nutanix discussion? >> Yeah great question, Stu. So last year we introduced Karbon for the first time. And if you look at Karbon, the initial offering was really targeted at an IT audience, right? So it's basically the goal was to make Kubernetes management itself very easy for the IT professional. So essentially, whether you were creating a Nutanix, sorry, a Karbon cluster, or scaling it out or upgrading Kubernetes itself. We wanted to make that part of the life cycle very, very simple for IT. For the developer we offered the Vanilla Kubernetes system. And this was something that developers asked us for again and again, don't go around mucking around with Kubernetes itself, we want Vanilla Kubernetes, we want to use our Kube Cuddle or the tools that we're used to. So don't go fork off and build the economic Kubernetes distribution. That's the last thing we want. So we had a good platform already, but then we wanted to take the next step because very few applications today are self contained in the sense that they run entirely within themselves without dependence on external services, especially when you're building in the cloud, you have access, suppose you're building an Amazon, you have access to RDS to manage your databases. Don't have to manage it yourself. Your object stores, data pipelines, all kinds of platform services available, which really can accelerate development of your own applications, right? So we took the stand said, look, this is good. This is important. We want to give developers the same kind of services, but we want to make it much more democratic in the sense that we want them to be able to run these applications anywhere, not just on AWS or not just on GCP. And that's really the genesis of Kubernetes platform services. We've taken the most common services people use in the cloud and made them available to run anywhere. Public cloud, private cloud, anywhere. So we think it's very exciting. >> Tarkan, we had, you and I had a discussion with one of your partners on how this hybrid cloud scenario is playing out at HP discover, of course, with the GreenLake solution. I'm curious from your standpoint, all the things that Rajiv was just talking about, that's a real change, if you think about kind of the traditional infrastructure people they're needing to move up the stack. You've got partnerships with the hyperscalers. So help explain a little bit the ripple effect as Nutanix helps customers simplify and modernize, how your partners and your channel can still participate. >> So perfect, look, as you heard from Rajiv, this is like all coming super nicely together. As Rajiv outlined, with the data center, operations and services, DevOps services, to enable that faster time to market capable, that Kubernetes offering and user services, our desktop services on top of that classical industry-leading, record-breaking digital infrastructure. That hybrid cloud infrastructure we call today. You play this game with devoting a little bit, as you remember, we used to call hyper-converged infrastructure. Now we call it of the hybrid cloud infrastructure, in a sense. All those pieces coming together nicely end-to-end, unlike any other vendor, and from a software only perspective, we're not owned by a hardware company which is making a huge difference. Gives us tremendous level of flexibility, democratization, and freedom of choice. Cloud to us is basically is not a destination. It's an operating model. You heard me say this before, as Rajiv also said. So in our strategy, when you look at it, Stu, we have a three pronged approach on top of our on-prem, marketplace on-prem capable. There's been 17,000+ customers, 7,000+ channel and strategic partners. Also as part of this big announcement, this new partner program we called Elevate, on the Elevate brand, bringing all the channel partners, ISEs, platform partners, hyperscalers, Telco XPSs, and our global market partners all in one bucket where we manage them, simply the incentives. It's a very simple way to execute that opposite Chris Kaddaras, our Chief Revenue Officer, as well as Christian Alvarez, our Chief Partner Officer sort of speaking on global goal, the channels, working together tightly with our organization on the product front to deliver this. So one key point I want to share with you, tying to what Rajiv said earlier on the multicloud area, obviously we realize customers are looking for freedom of choice. So we have our own cloud, Nutanix cloud, under the XI brand. X-I, XI brand, which is basically our own logistics, our own basically, serviceability, payment capability and our software, running off our portal partnerships like Equinix delivering that software as a service. We started with disaster recovery as a service, very fast growing business. Now we announced our GreenLake partnership with HPE in the backend that data center as a service might be actually HP GreenLake if the customer wants it. So that partnership creates huge opportunities for us. Obviously, on top of that, we have these Telco XSP partnerships. As we're announcing partnerships with some amazing source providers like OBH. You heard today from college Sudani in society general, they are not only using AWS and Azure and Nutanix on-prem and Nutanix clusters on Azure and AWS for their internal departments, but they also use a local service provider in France for data gravity and data security reasons. A French company dealing with French business and data centers, with that kind of data governance requirements within the country, within the borders of France. So in that context we are also the service provider partnerships coming in. We're going to announce a partnership with OVHS vault, which is a big deal for us. And tying to this, as Rajiv talked about, our clusters portfolio, our portfolio basically running on-prem on AWS and Azure. And we're not going to stop there obviously. So give choice to the customers. So as Rajiv said, basically, Nutanix can run anywhere. On top of that we announced just today with Capgemini, a new dev test environment is a service. Where Rajiv's portfolio, end-to-end, data center, DevOps, and some of the UC capabilities for dev test reasons can run as a service on Capgemini cloud. We have similar partnerships with HCL, similar partnerships with (indistinct) and we're super excited for this .NEXT in FI21 because of those reasons. >> Rajiv, one of the real challenges we've had for a long time is, I want to be able to have that optionality. I want to be able to live in any environment. I don't want to be stuck in an environment, but I want to be able to take advantage of the innovation and the functionality that's there. Can you give us a little bit of insight? How do you make sure that Nutanix can live these environments like the new Azure partnership and it has the Nutanix experience, yet I can take advantage of, whether it be AI or some other capabilities that a Google, an Amazon or a Microsoft has. How do you balance that? You have to integrate with all of these partners yet, not lock out the features that they keep adding. >> Right, absolutely, that's a great point, Stu. And that's something we pride ourselves on, that we're not taking shortcuts. We're not trying to create our own bubble in these hyperscalers, where we run in an isolated environment and can't interact with the rest of the services they offer. And that's primarily why we have spent the time and the effort to integrate closely with their virtual networking, with the services that they provide and essentially offer the best of both worlds. We take the Nutanix stack, the entire software stack, everything we build from top to bottom, make it available. So the same experience is there with upgrades and prism, the same experience is available on-prem and in the cloud. But at the same time, as you said, we want people to have full speed access to cloud services. There's things the cloud is doing that will be very difficult for anybody to do. I mean, the kind of thing that, say Google does with AI, or Azure does with databases. It's remarkable what these guys are doing, and you want to take advantage of those services. So for us, it's very, very important, that access is not constrained in any way, but also that customers have the time to make this journey, right? If they want to move to cloud today, they can do that. And then they can refactor and redevelop their applications over time and start consuming these sales. So it's not an all or nothing proposition. It's not that you have to refactor it, rewrite before you can move forward. That's been extremely important for us and it's really topical right now, especially with this pandemic. I think one thing all of IT has realized is that you have to be agile. You have to be able to react to things and timeframes you never thought you needed to, right. So it's not just disaster recovery, but the amount of effort that's gone in the last few months in enabling a distributed workforce, who thought it would happen so quickly? But it's a kind of agility that, an optionality that we are giving to customers that really makes it possible. >> Yeah, absolutely. Right now, things are moving pretty fast. So let me let both of you have the final word. Give us a little bit viewpoint, as things are moving fast, what's on the plate? What should we be expecting to see from Nutanix and your ecosystem through the rest of 2020, Tarkan? >> So look, heard from us, Stu, I know you're talking to multiple folks and you had this discussions with us, end-to-end, and look for the company to be successful, customer partner intimacy, IP innovation, and execution, and operational excellence. Obviously, all three things need to come together. So in a sense, Stu, we just need to keep moving. I give this analogy a lot, as Benjamin Franklin says, the human beings are divided in three categories, you know? The first one is those who are immovable. They never move. Second category, those who, you know, are movable, you can move them if you try hard. And obviously third category, those who just move. Not only themselves, but they move others, like in a sense, in a nice way to refer to Benjamin Franklin, with one of our key founders in the US, in a sense as the founders of this company, with folks like Rajiv and other executives, and some of the newcomers, we a culture, which just keeps moving and the last 12 months, you've seen some of these. And obviously going back to the announcement day, AWS, now Azure, the Capgemini announcement then test as a service around some of the portfolio that Rajiv talked about or a Google partnership on desktop as a service, deep focus on Citrix globally with Azure, Google, and ourselves on-prem, off-prem. And obviously some of the big moves were making with some of the customers, it's going to continue. This is just the beginning. I mean, literally Rajiv and I are doing these .NEXT conferences, announcements, and so on. We're actually doing calls right now to basically execute for the next 12 months. We're planning the next 12 months' execution. So we're super excited now with this new Bain Capital investment, and also the partnership, the product, we're ready to rock and roll. So look forward to seeing you soon, Stu, and we're going to have more news to cover with you. >> Yeah, exactly right, Tarkan. I think as Tarkan said we are at the beginning of a journey right now. I think the way hybrid cloud is now becoming seamless opens up so many possibilities for customers, things that were never possible before. Most people when they talk hybrid cloud, they're talking about fairly separate environments, some applications running in the public cloud, some running on premises. Applications that are themselves hybrid that run across, or that can burst from one to the other, or can move around with both app and data mobility. I think the possibilities are huge. And it's going to be many years before we see the full potential of this platform. >> Well Rajiv and Tarkan, thank you so much for sharing all of the updates, congratulations on the progress, and absolutely look forward to catching up in the near future and watching the journey. >> Thanks, Stu. >> Thank you, Stu. >> And stay with us for more coverage here from the Nutanix .NEXT digital experience. I'm Stu Miniman, and as always, thank you for watching theCUBE. (bright music)

Published Date : Sep 9 2020

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the globe, it's theCUBE of the Nutanix the partner program the latest announcements we made and the experience as the optionality to run these applications So the line I used a couple That's the last thing we want. kind of the traditional on the product front to deliver this. and it has the Nutanix experience, But at the same time, as you said, the rest of 2020, Tarkan? and look for the company to be successful, in the public cloud, congratulations on the progress, the Nutanix

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Monica Kumar, Nutanix & Virginia Gambale, Azimuth Partners | Global .NEXT Digital Experience 2020


 

>> Narrator: From around the globe, it's theCUBE, with coverage of the Global .NEXT digital experience. Brought to you by Nutanix. >> Hi, I'm Stu Miniman. And welcome to theCUBE's coverage of the Nutanix .NEXT global digital experience. We've been at the Nutanix shows since the first time they ever happened, way back at the Fontainebleau, in Miami, of course. Nutanix is now a public company. A lot of news, a lot going on, and the first time they've done, first, a global event and digital event because this was the convergence of the events that they were originally going to have both in North America as well as Europe. So happy to welcome back to the program. To help kick it off, first of all, we have Monica Kumar, she's the Senior Vice President of Marketing with Nutanix. And also joining us is Virginia Gambale, she is a Managing Partner at Azimuth Partners LLC and also a board member of Nutanix. Virginia, Monica, thanks so much for joining us. >> Thank you so much for having us. >> Thank you, Stu. >> So the event here, of course, the line we've used at many of those shows is, how do we bring people together even while we're apart? Good energy, great speakers, everything from Dr. Condoleezza Rice and Simon Sinek, in the opening, in Trevor Noah for some entertainment in day two, and lots of announcements with partners, customers, of course, speaking, and lots of the Nutants. So, Monica, maybe I start with you. You've had a very a close role in helping to shape a lot of what's going on here. I kind of teed up. Give us, from your standpoint, really, kind of the goals, give us a little bit of insight into putting this together for an online audience versus the kind of party that we have for the users when they come together in-person. >> Yeah, thank you so much, Stu. And I'm so excited to have Virginia here with us as well. You know, obviously, the world is so different now. And one of the biggest things that we've been doing for the last six, seven months is figuring out how do we stay connected with our customers, with our partners, with our own employees, and society at large? So, along the same lines, .NEXT has evolved to, of course, also being a virtual event, but at the same time, the biggest design factor for .NEXT is really the connection with customers, partners, our own employees, and influencers, and society at large. So you'll see a lot of our agenda is designed around future of work and what does it mean to be a leader and a technology leader, a technology provider in this world while we are living through the pandemic. We're also talking about future of education, future of healthcare, future financial services, all the things that matter to us as human beings, and then what's the role that technology is going to play in that, and, of course, how can Nutanix as a technology vendor help our customers navigate these uncertain times. So that's how most of our content is on day-one. And then day-two is really all about the latest and greatest cool tech. And you're going to hear a lot about and you've heard a lot about cloud technology and cloud being that constant enabler of innovation for businesses and for IT. So all of our hybrid cloud, multicloud, our core hyperconverged infrastructure, and how that's evolving to hybrid cloud infrastructure, it's about platform as a service, DevOps, I mean, database solutions, and these are competing solutions, you name it. So that's going to be at day-two. And then day-three is a partner exchange. So, obviously, partners are really important to us. That's the village, the ecosystem. And we have a whole day dedicated to our partners in helping understand how can we together bring the best solutions to market. >> Virginia, I'd love to get your experience so far with the event that you've attended. >> Well, I always find that .NEXT experiences a very broadening, enriching experience. I tell people who have never heard of cloud, who are well in the cloud, who are wanting to just learn about it, just sort of standing at the precipice of embarking on this journey, to watch or participate or go to the .NEXT for Nutanix, because it is so rich with content and speakers that are so intelligent about an experience about what they are doing and embarking on. And then in addition to that, there's always a hint and a lookout at the future and where we are going and where we need to think about where we are going. So I am very excited. The first part of this virtual .NEXT, I didn't know what to expect, but I am extremely pleased. >> Well, yeah, Virginia, you bring up a really good point. It's not just the cool technology, and there's lots of that, but what, personally, how do I enrich myself, how do I reach my career, how do enrich my community, that heart that Nutanix talks a lot about. Monica, obviously cloud has been a very important piece of the discussion. I noticed a little bit of shift in marketing. For a couple of years, the enterprise cloud was the discussion. Dheeraj's teams is out, he said, "Okay, we're going to change HCI from hyperconverged infrastructure to hybrid cloud infrastructure." You and I had had a conversation when the announcement of Nutanix Clusters with AWS, and at the show, Scott Guthrie, of course, wearing the signature red polo, and deeper partnership with Microsoft for Azure. Definitely, lots of excitement around that because Microsoft is a company that most people partner with and work with and use their technologies. And things like Azure Arc have the real promise to help us live in this hybrid and multicloud world. So we'd love to just briefly touch on the cloud pieces, what you're seeing in the news from Nutanix's standpoint? >> Absolutely. So one of the big pieces of news that's come out of .NEXT is a partnership with Azure, and we are super-excited for that partnership. Not only is Nutanix Clusters going to be available on Azure and we are jointly developing that solution to bring hybrid cloud solution to customers, you rightfully mentioned Azure Arc, we are also working to integrate Azure Arc across on-premises and Azure cloud. So, ultimately, for us, it's really about technology being a means to an end. The end is business outcomes for our customers, the end is a better customer experience, better employee experience, growth for the company in terms of revenue and profitability. And ultimately, that's what technology is doing, is really simplifying the use of cloud technology and build that hybrid cloud fabric that customers can deploy very quickly, very easily, seamlessly, and then manage it very easily, oh, and by the way, also be able to move their apps and data and license across the on-premises and, in this case, Azure environment. So very excited. By the way, we don't just stop there. When you say cloud, and when we say hybrid cloud and multicloud, it's, of course, on-premises, it's, of course, the hyperscaler clouds, but then there are service provider clouds. Because in region, and then, by the way, I don't know if you heard Khaled Soudani, he's the CTO at SocGen, he joined us as well in one of the keynotes, and obviously, they are building hybrid clouds. And when we talk about hybrid cloud to customers, it's also service provider cloud, which could be for data locality, data residency regions. It's also Nutanix's own cloud, the Nutanix cloud. So that's definitely one of the big pieces of news coming out of .NEXT, is this morphing or I would say evolution of hyperconverged infrastructure to becoming the hybrid cloud infrastructure. >> Virginia, of course, the big discussion this year has been the impact of COVID and what that's meant to IT priorities, CIO priorities. In a lot of the conversations we've been having on theCUBE this year, there's been a real acceleration on a lot of those cloud initiatives that Monica was talking about. So what are you hearing? What are you seeing? What are some of those imperatives that are either accelerating or, and are there some things that people are saying, "Hey, we might want to put this on ice for a few months?" >> Well, I can tell you, from my work with clients, the many public boards that I sit on, which span from financial services, to pure tech, all the way through to consumer-facing businesses, I really see the spectrum. And three years ago, when I was on theCUBE, we were talking about standing at the precipice and jumping in. Now, we are full on, we are in it. And Monica talked about all these different public clouds and the various providers who are leading their own way. But what I love and I think it's really important is that we need an independent company that actually begins to step back and help all the leaders that are running technology and operations and customer-facing functions, to be able to help them do their job. So here we are today, talking to various CEOs and C-suite executives. And the big issues are, "Okay, this stuff isn't so scary, we are in it, we need it for being able to function in the COVID world, and we also need it because our customers need us to need this, to have it." So, when we look at our portfolio of how businesses are investing in technology and other areas going forward, innovation, cost management, and also cyber seemed to be sort of the three very important themes of the day. And I believe that, today, as we sit through the next few days with .NEXT, we are really going to find stories, experiences, and visions about how we can actually address all three of those. >> Yeah, I think the point, Virginia, you're making is so fantastic, that this is the age of innovation while organizations also have to focus on cost intelligence. And that's the number one thing we're hearing from our customers. I mean, like when you were talking, it just reminded me, in the old days and maybe even up to five years ago, and the CIOs were all about knowing technology knowhow and managing costs, and like it was a cost center. But now you look at IT, IT is at the forefront of driving innovation. IT is at the forefront of adopting cloud. But at the same time, IT is also tasked with being smart about cost optimization. So you're right, that's exactly what we're also going to discuss the .NEXT, is how can technology help our customers innovate and, at the same time, be intelligent about cost optimization and which cloud to use for which workloads, for example. >> Yes, and also having the flexibility and the optionality to be able to put these things together. >> Well, yeah, Monica, simplicity was always at the core of what Nutanix did. And talking about the hybrid cloud solutions, it's very important you talk about the fact that it's the same operational model wherever things lived. The one piece that you didn't cover yet, that Virginia teed up, cyber security. So, absolutely, we would need innovation, we need to look at costs, but security is something that went from, it was already at the top of the list, to, oh, my gosh, in 2020, it feels like it's even higher there. So how does Nutanix make sure that, Nutanix along with your partners are making sure that companies, their data, their employees are all secure as possible? >> Absolutely. You mentioned that simplicity is a design principle for Nutanix from day-one, add to that security, security has been a guiding light from day-one, and security is built into our platform. It's not an afterthought, it's something we designed our products to incorporate right from the beginning. And there's a reason for that. The reason is we have over 17,000 customers, and a lot of them are running big, huge enterprise business critical workloads on Nutanix, including public sector, including state and local governments. And we have to ensure that they are able to make the environment secure using Nutanix technology. So whether it's our core technology platform, where we have things built in like data encryption, audit capabilities, or whether it's some of our new portfolio products. Last time, I think, Stu, we talked about how Nutanix offers now this complete cloud platform. 10 years ago, we started with a core foundation, which is hyperconverged infrastructure. But in the last few years, we've added on data center services, like other storage, different types of storage, consolidation, ability for customers, networking options, DR, we've added DevOps and database services, we've added desktop services. If you combine all of those three together with our digital infrastructure services, that's a complete cloud platform that has to be secure for our customers to run enterprise apps on databases, analytics workloads, and also build cloud native applications and run on it, and be able to run the same stack in a public cloud or private on-premises cloud. That has to be secure, so that's the number one design principle for Nutanix. >> Virginia, if Dave Alante was here, he would probably throw out the line that security has really become a board-level discussion. Well, you sit on a few boards, so I'd love to hear a little bit of your insights there as to the security that Monica talked about. Is this something that comes up at every board meeting? What kind of concerns are there out there today? >> Well, Stu, there is no question, it historically has come up at every board meeting. And one of the issues with that has always been the cost growth and escalation that takes place, and can we keep throwing more dollars at securing our environment. Fast-forward, look where we are today. We are highly dispersed workforce. So our attack surface has increased exponentially. And when we think about all the products that we're using, from virtual desktop and functioning from wherever we are in this world, how can that not help, but in the mind of a board director who doesn't know too much about technology, it would frighten them even more. However, the thing that I constantly always underscore is the sooner we move to these more modernized infrastructures, the better our ability will be to secure our environment at a very cost-efficient model. Because these technologies, particularly like Nutanix, have security built into them. And instead of having to add constantly to our cyber workforce, who's going to be looking at and parsing through information, we are able to have these embedded sensors and our ability to have the infrastructure talk to us about where our vulnerabilities are, as opposed to us having to go in and try to figure that out either post event or at some point pre any type of event. So it's very exciting time. I really encourage people to just get off our legacy environments as fast as we can and go to these modernized technology infrastructures and to the vendors who make this invisible to us. And I think the board members start to then say, "Okay, I can begin to understand that." I often give an example of if you're building a smart house versus you buy an old house and you're trying to put cameras on the side and sensors in the windows and in the doors, you can't possibly be as effective in your security as if you built it from the ground up to be secure. >> Yeah, definitely, it is challenging to retrofit that. Modernization is definitely a drum beat we've seen. Monica, a question for you on that theme is, in many ways, the current economic situation is a challenge, but it's also a forcing function. If I can need to keep up, if I need my employees to stay productive, I often need to rapidly adapt some modern solutions like Virginia was saying. Any words on that from what you're hearing from your customers and how Nutanix is helping? >> Absolutely. As I said earlier, I think the more IT leaders we talk to, it's become clear to us that there's three major mandates for IT that they are supporting. It's business growth, it's customer experience, and it's employee experience. So, in terms of modernization, absolutely, we find that IT stakeholders are very keen to go on a journey, which kind of looks like this, and again, it may not be the same for everybody, but starting with data center modernization or what we call infrastructure modernization. So really standardizing and consolidating all the key workloads so they can most efficiently use the data center assets. But then the next step very quickly becomes automation. And I think that's what Virginia was alluding to earlier, is we can no longer throw more and more people at things like security and provisioning and patching and updating and expect us to deliver the service-level agreements we have with business. So automation becomes really key. And, of course, with AI and machine learning, there's a lot of solutions out there around automation, and Nutanix is obviously big in terms of automating. Our one-click upgrades are legendary. That's even before people talked about AI and machine learning, we've been offering them. But then the next step becomes, very quickly, is, okay, great, I've automated everything, IT has become a service, my stakeholders are, I'm able to deliver the service-level agreements, well, what's next? How do I get the flexibility to on-demand spin up environments? And I think that's where the linkage with public cloud comes in, that's where customers are starting to build hybrid cloud. And then the ultimate nirvana that we're hearing from many customers is, they want to be able to use the right cloud for the right workload. A lot of our customers don't want to be stuck, and I'm using the word stuck kind of loosely, but just not with one public cloud. Just like our customers use a lot of different hardware providers in some cases, they also want to have the optionality of using an Azure for one workload, maybe an AWS for something else, maybe it's on-premises for something else, maybe it's a service provider for something else, and that's the ultimate nirvana for IT. So that would be the ultimate modernization, is where you have this kind of like an infinite computing solution, where you can go tap into any resource you need at the point in time that you need it for and be able to pay the right price for that and have a single management across everything. So you don't have to worry about the complexity of managing for environments, it's all done through one single plane, and that's where Nutanix comes in. Really, that's what we are doing, is making it really easy for our customers to reach from this infrastructure modernization, all the way to this hybrid multicloud world, with a single, unified management plan, the ability to move data, applications, and license around as they choose to, and have a cost-optimized solution. >> And let me add to that because I love what Monica is saying. You know, as a corporate fiduciary, I want my partners to do what they do best. So having each cloud provider really continue down the path of the areas that they are best in class in as opposed to wasting their time competing with each other on the same stuff, which doesn't help me evolve as a consumer, and it doesn't help them grow their business. And so, by enabling this kind of hybrid world, we are allowing each of these cloud providers to be able to do what they do best, which helps us invest in our future as consumers. >> All right, so Virginia, talking about fiduciary duties, as a board member, there's a topic that was talked a little bit at the show, but we'd love your feedback. And Monica, I want to hear the company's superior parent. Of course, I'm talking about the founder and CEO, Dheeraj Pandey is, there's a transition, there's a look, looking for the new CEO. If I have the line right, he's he said he will be a Nutant forever even though his role will become a little bit more invisible, of course, what Nutanix has been trying to do with infrastructure and clouds before. So, Virginia, what does this mean for today and for the direction of the company? And then Monica, I would love kind of the internal look from an employee standpoint. >> Well, Stu, thank you for asking the question. I actually did a significant post on LinkedIn a couple of days ago because I really wanted to express to the world how blown away I am by our founder, Dheeraj. I've been working with him now over the last three years. And as I have gotten to know him, and I have worked with a lot of founders in my life, and I've worked with a lot of CEOs who were founders and some that were not founders, they were just CEOs and they came in after the fact, and it is rare that you find an individual that is just so focused on driving the mission forward in a very selfless way. And from the very beginning, people who ended up talking to with our CEO over their life's journey with Nutanix over the last 10, 11 years, will say the same exact same thing, which is, his single focus was about the mission and how Nutanix can support and grow the mission of the organization and what the world needs today. And it is rare that an individual will say, at a certain point in time, "I have taken this thing that I have created to a certain point, and now, it is yet at another inflection point, and it needs to continue on in a significant way. So being concerned about every facet, from do I have the right talent, do I have the right offering, do I have the right capital position, do I have the right board, do I have the right person at the helm? And I have spent a lot of time talking with Dheeraj, which is a gift and a pleasure in life, and to be able to have a candid conversation about where is Nutanix going next and how best to get there. And for a CEO to be able to sit down and talk to their board about that, it is really unique. And to have someone who cares so much about the future of the company, I was really blown away. So I'm very excited about our prospects going forward. Otherwise, I would not have joined this board. We all have, our lives are challenged, and life is short, and we want to spend the time doing the things that we believe in and we love and support. So I am very excited for the next chapter. We have built an incredible base. And now we're poised for very significant growth. And I think to underscore that, you saw the performance of the company was extremely good, the partnerships that are coming out, this is exactly the time when you want to, again, self-effacing, disrupting yourself, looking at where we need to go next. The time to do that is not at the point where you are there and you've arrived at that next step, but just as you're about to take off on a launch. And I think we're here. And I'm very excited. >> Yeah, I'll add to that. So, first of all, Virginia, we are so thrilled that you're on the board. As far as Dheeraj goes, I believe he's a force of nature. I think that's what Virginia said. And look, I'm a parent, and for those of you who are parents out there, this will probably resonate. When a child is born, you nurture your child and you take care of them. At some point, they leave for college. And for me, it was a hard one coming from a different culture, but I almost seem this is akin to that. Dheeraj is the founding father of Nutanix. He has really nurtured the company, he's built it up, he's given us all the right culture principles, and now, he's sending us off to call it saying, "Okay, this is the next phase of your life, go do the best you can and take Nutanix to the next level." And I'm really, really proud to be part of this company, I've been here for a year-and-a-half, we have amazing talent, people are important, we have amazing innovations. And, by the way, this new year, we started a fiscal year in August, it's going to be full of amazing innovations. I mean, this is only the beginning, what you've heard in the last two or three weeks, a lot more is coming down. And then there are some process that we've put in place so people process technology, process to actually scale as a larger company. So I think what Dheeraj has done is really set us up for the next phase of our life, and he's always going to be there for us as an advisor just like a parent is there for the child when they're off to college and off to doing other things in life. That's what I believe. >> Well, Monica and Virginia, thank you so much for sharing the updates. theCUBE really appreciates being able to be part of the Nutanix .NEXT event, and great to catch up with both of you. >> Thank you so much. >> Thank you for continuing to work with us. Thank you. >> All right, stay tuned for more from Nutanix .NEXT digital experience. I'm Stu Miniman. And thank you for watching theCUBE. (gentle music)

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Monica Kumar, Nutanix and Virginia Gambale, Azumuth Partners | Global .NEXT Digital Experience 2020


 

>> Narrator: From around the globe, it's theCUBE, with coverage of the Global .NEXT digital experience. Brought to you by Nutanix. >> Hi, I'm Stu Miniman. And welcome to theCUBE's coverage of the Nutanix .NEXT global digital experience. We've been at the Nutanix shows since the first time they ever happened, way back at the Fontainebleau, in Miami, of course. Nutanix is now a public company. A lot of news, a lot going on, and the first time they've done, first, a global event and digital event because this was the convergence of the events that they were originally going to have both in North America as well as Europe. So happy to welcome back to the program. To help kick it off, first of all, we have Monica Kumar, she's the Senior Vice President of Marketing with Nutanix. And also joining us is Virginia Gambale, she is a Managing Partner at Azimuth Partners LLC and also a board member of Nutanix. Virginia, Monica, thanks so much for joining us. >> Thank you so much for having us. >> Thank you, Stu. >> So the event here, of course, the line we've used at many of those shows is, how do we bring people together even while we're apart? Good energy, great speakers, everything from Dr. Condoleezza Rice and Simon Sinek, in the opening, in Trevor Noah for some entertainment in day two, and lots of announcements with partners, customers, of course, speaking, and lots of the Newtons. So, Monica, maybe I start with you. You've had a very a close role in helping to shape a lot of what's going on here. I kind of teed up. Give us, from your standpoint, really, kind of the goals, give us a little bit of insight into putting this together for an online audience versus the kind of party that we have for the users when they come together in-person. >> Yeah, thank you so much, Stu. And I'm so excited to have Virginia here with us as well. You know, obviously, the world is so different now. And one of the biggest things that we've been doing for the last six, seven months is figuring out how do we stay connected with our customers, with our partners, with our own employees, and society at large? So, along the same lines, .NEXT has evolved to, of course, also being a virtual event, but at the same time, the biggest design factor for .NEXT is really the connection with customers, partners, our own employees, and influencers, and society at large. So you'll see a lot of our agenda is designed around future of work and what does it mean to be a leader and a technology leader, a technology provider in this world while we are living through the pandemic. We're also talking about future of education, future of healthcare, future financial services, all the things that matter to us as human beings, and then what's the role that technology is going to play in that, and, of course, how can Nutanix as a technology vendor help our customers navigate these uncertain times. So that's how most of our content is on day-one. And then day-two is really all about the latest and greatest cool tech. And you're going to hear a lot about and you've heard a lot about cloud technology and cloud being that constant enabler of innovation for businesses and for IT. So all of our hybrid cloud, multicloud, our core hyperconverged infrastructure, and how that's evolving to hybrid cloud infrastructure, it's about platform as a service, DevOps, I mean, database solutions, and these are competing solutions, you name it. So that's going to be at day-two. And then day-three is a partner exchange. So, obviously, partners are really important to us. That's the village, the ecosystem. And we have a whole day dedicated to our partners in helping understand how can we together bring the best solutions to market. >> Virginia, I'd love to get your experience so far with the event that you've attended. >> Well, I always find that .NEXT experiences a very broad and enriching experience. I tell people who have never heard of cloud, who are well in the cloud, who are wanting to just learn about it, just sort of standing at the precipice of embarking on this journey, to watch or participate or go to the .NEXT for Nutanix, because it is so rich with content and speakers that are so intelligent about an experience about what they are doing and embarking on. And then in addition to that, there's always a hint and a lookout at the future and where we are going and where we need to think about where we are going. So I am very excited. The first part of this virtual .NEXT, I didn't know what to expect, but I am extremely pleased. >> Well, yeah, Virginia, you bring up a really good point. It's not just the cool technology, and there's lots of that, but what, personally, how do I enrich myself, how do I reach my career, how do enrich my community, that heart that Nutanix talks a lot about. Monica, obviously cloud has been a very important piece of the discussion. I noticed a little bit of shift in marketing. For a couple of years, the enterprise cloud was the discussion. Dheeraj's teams is out, he said, "Okay, we're going to change HCI from hyperconverged infrastructure to hybrid cloud infrastructure." You and I had had a conversation when the announcement of Nutanix Clusters with AWS, and at the show, Scott Guthrie, of course, wearing the signature red polo, and deeper partnership with Microsoft for Azure. Definitely, lots of excitement around that because Microsoft is a company that most people partner with and work with and use their technologies. And things like Azure Arc have the real promise to help us live in this hybrid and multicloud world. So we'd love to just briefly touch on the cloud pieces, what you're seeing in the news from Nutanix's standpoint? >> Absolutely. So one of the big pieces of news that's come out of .NEXT is a partnership with Azure, and we are super-excited for that partnership. Not only is Nutanix Clusters going to be available on Azure and we are jointly developing that solution to bring hybrid cloud solution to customers, you rightfully mentioned Azure Arc, we are also working to integrate Azure Arc across on-premises and Azure cloud. So, ultimately, for us, it's really about technology being a means to an end. The end is business outcomes for our customers, the end is a better customer experience, better employee experience, growth for the company in terms of revenue and profitability. And ultimately, that's what technology is doing, is really simplifying the use of cloud technology and build that hybrid cloud fabric that customers can deploy very quickly, very easily, seamlessly, and then manage it very easily, oh, and by the way, also be able to move their apps and data and license across the on-premises and, in this case, Azure environment. So very excited. By the way, we don't just stop there. When you say cloud, and when we say hybrid cloud and multicloud, it's, of course, on-premises, it's, of course, the hyperscaler clouds, but then there are service provider clouds. Because in region, and then, by the way, I don't know if you heard Khaled Soudani, he's the CTO at SocGen, he joined us as well in one of the keynotes, and obviously, they are building hybrid clouds. And when we talk about hybrid cloud to customers, it's also service provider cloud, which could be for data locality, data residency regions. It's also Nutanix's own cloud, the Nutanix cloud. So that's definitely one of the big pieces of news coming out of .NEXT, is this morphing or I would say evolution of hyperconverged infrastructure to becoming the hybrid cloud infrastructure. >> Virginia, of course, the big discussion this year has been the impact of COVID and what that's meant to IT priorities, CIO priorities. In a lot of the conversations we've been having on theCUBE this year, there's been a real acceleration on a lot of those cloud initiatives that Monica was talking about. So what are you hearing? What are you seeing? What are some of those imperatives that are either accelerating or, and are there some things that people are saying, "Hey, we might want to put this on ice for a few months?" >> Well, I can tell you, from my work with clients, the many public boards that I sit on, which span from financial services, to pure tech, all the way through to consumer-facing businesses, I really see the spectrum. And three years ago, when I was on theCUBE, we were talking about standing at the precipice and jumping in. Now, we are full on, we are in it. And Monica talked about all these different public clouds and the various providers who are leading their own way. But what I love and I think it's really important is that we need an independent company that actually begins to step back and help all the leaders that are running technology and operations and customer-facing functions, to be able to help them do their job. So here we are today, talking to various CEOs and C-suite executives. And the big issues are, "Okay, this stuff isn't so scary, we are in it, we need it for being able to function in the COVID world, and we also need it because our customers need us to need this, to have it." So, when we look at our portfolio of how businesses are investing in technology and other areas going forward, innovation, cost management, and also cyber seemed to be sort of the three very important themes of the day. And I believe that, today, as we sit through the next few days with .NEXT, we are really going to find stories, experiences, and visions about how we can actually address all three of those. >> Yeah, I think the point, Virginia, you're making is so fantastic, that this is the age of innovation while organizations also have to focus on cost intelligence. And that's the number one thing we're hearing from our customers. I mean, like when you were talking, it just reminded me, in the old days and maybe even up to five years ago, and the CIOs were all about knowing technology knowhow and managing costs, and like it was a cost center. But now you look at IT, IT is at the forefront of driving innovation. IT is at the forefront of adopting cloud. But at the same time, IT is also tasked with being smart about cost optimization. So you're right, that's exactly what we're also going to discuss the .NEXT, is how can technology help our customers innovate and, at the same time, be intelligent about cost optimization and which cloud to use for which workloads, for example. >> Yes, and also having the flexibility and the optionality to be able to put these things together. >> Well, yeah, Monica, simplicity was always at the core of what Nutanix did. And talking about the hybrid cloud solutions, it's very important you talk about the fact that it's the same operational model wherever things lived. The one piece that you didn't cover yet, that Virginia teed up, cyber security. So, absolutely, we would need innovation, we need to look at costs, but security is something that went from, it was already at the top of the list, to, oh, my gosh, in 2020, it feels like it's even higher there. So how does Nutanix make sure that, Nutanix along with your partners are making sure that companies, their data, their employees are all secure as possible? >> Absolutely. You mentioned that simplicity is a design principle for Nutanix from day-one, add to that security, security has been a guiding light from day-one, and security is built into our platform. It's not an afterthought, it's something we designed our products to incorporate right from the beginning. And there's a reason for that. The reason is we have over 17,000 customers, and a lot of them are running big, huge enterprise business critical workloads on Nutanix, including public sector, including state and local governments. And we have to ensure that they are able to make the environment secure using Nutanix technology. So whether it's our core technology platform, where we have things built in like data encryption, audit capabilities, or whether it's some of our new portfolio products. Last time, I think, Stu, we talked about how Nutanix offers now this complete cloud platform. 10 years ago, we started with a core foundation, which is hyperconverged infrastructure. But in the last few years, we've added on data center services, like other storage, different types of storage, consolidation, ability for customers, networking options, DR, we've added DevOps and database services, we've added desktop services. If you combine all of those three together with our digital infrastructure services, that's a complete cloud platform that has to be secure for our customers to run enterprise apps on databases, analytics workloads, and also build cloud native applications and run on it, and be able to run the same stack in a public cloud or private on-premises cloud. That has to be secure, so that's the number one design principle for Nutanix. >> Virginia, if Dave Alante was here, he would probably throw out the line that security has really become a board-level discussion. Well, you sit on a few boards, so I'd love to hear a little bit of your insights there as to the security that Monica talked about. Is this something that comes up at every board meeting? What kind of concerns are there out there today? >> Well, Stu, there is no question, it historically has come up at every board meeting. And one of the issues with that has always been the cost growth and escalation that takes place, and can we keep throwing more dollars at securing our environment. Fast-forward, look where we are today. We are highly dispersed workforce. So our attack surface has increased exponentially. And when we think about all the products that we're using, from virtual desktop and functioning from wherever we are in this world, how can that not help, but in the mind of a board director who doesn't know too much about technology, it would frighten them even more. However, the thing that I constantly always underscore is the sooner we move to these more modernized infrastructures, the better our ability will be to secure our environment at a very cost-efficient model. Because these technologies, particularly like Nutanix, have security built into them. And instead of having to add constantly to our cyber workforce, who's going to be looking at and parsing through information, we are able to have these embedded sensors and our ability to have the infrastructure talk to us about where our vulnerabilities are, as opposed to us having to go in and try to figure that out either post event or at some point pre any type of event. So it's very exciting time. I really encourage people to just get off our legacy environments as fast as we can and go to these modernized technology infrastructures and to the vendors who make this invisible to us. And I think the board members start to then say, "Okay, I can begin to understand that." I often give an example of if you're building a smart house versus you buy an old house and you're trying to put cameras on the side and sensors in the windows and in the doors, you can't possibly be as effective in your security as if you built it from the ground up to be secure. >> Yeah, definitely, it is challenging to retrofit that. Modernization is definitely a drum beat we've seen. Monica, a question for you on that theme is, in many ways, the current economic situation is a challenge, but it's also a forcing function. If I can need to keep up, if I need my employees to stay productive, I often need to rapidly adapt some modern solutions like Virginia was saying. Any words on that from what you're hearing from your customers and how Nutanix is helping? >> Absolutely. As I said earlier, I think the more IT leaders we talk to, it's become clear to us that there's three major mandates for IT that they are supporting. It's business growth, it's customer experience, and it's employee experience. So, in terms of modernization, absolutely, we find that IT stakeholders are very keen to go on a journey, which kind of looks like this, and again, it may not be the same for everybody, but starting with data center modernization or what we call infrastructure modernization. So really standardizing and consolidating all the key workloads so they can most efficiently use the data center assets. But then the next step very quickly becomes automation. And I think that's what Virginia was alluding to earlier, is we can no longer throw more and more people at things like security and provisioning and patching and updating and expect us to deliver the service-level agreements we have with business. So automation becomes really key. And, of course, with AI and machine learning, there's a lot of solutions out there around automation, and Nutanix is obviously big in terms of automating. Our one-click upgrades are legendary. That's even before people talked about AI and machine learning, we've been offering them. But then the next step becomes, very quickly, is, okay, great, I've automated everything, IT has become a service, my stakeholders are, I'm able to deliver the service-level agreements, well, what's next? How do I get the flexibility to on-demand spin up environments? And I think that's where the linkage with public cloud comes in, that's where customers are starting to build hybrid cloud. And then the ultimate nirvana that we're hearing from many customers is, they want to be able to use the right cloud for the right workload. A lot of our customers don't want to be stuck, and I'm using the word stuck kind of loosely, but just not with one public cloud. Just like our customers use a lot of different hardware providers in some cases, they also want to have the optionality of using an Azure for one workload, maybe an AWS for something else, maybe it's on-premises for something else, maybe it's a service provider for something else, and that's the ultimate nirvana for IT. So that would be the ultimate modernization, is where you have this kind of like an infinite computing solution, where you can go tap into any resource you need at the point in time that you need it for and be able to pay the right price for that and have a single management across everything. So you don't have to worry about the complexity of managing for environments, it's all done through one single plane, and that's where Nutanix comes in. Really, that's what we are doing, is making it really easy for our customers to reach from this infrastructure modernization, all the way to this hybrid multicloud world, with a single, unified management plan, the ability to move data, applications, and license around as they choose to, and have a cost-optimized solution. >> And let me add to that because I love what Monica is saying. You know, as a corporate fiduciary, I want my partners to do what they do best. So having each cloud provider really continue down the path of the areas that they are best in class in as opposed to wasting their time competing with each other on the same stuff, which doesn't help me evolve as a consumer, and it doesn't help them grow their business. And so, by enabling this kind of hybrid world, we are allowing each of these cloud providers to be able to do what they do best, which helps us invest in our future as consumers. >> All right, so Virginia, talking about fiduciary duties, as a board member, there's a topic that was talked a little bit at the show, but we'd love your feedback. And Monica, I want to hear the company's superior parent. Of course, I'm talking about the founder and CEO, Dheeraj Pandey is, there's a transition, there's a look, looking for the new CEO. If I have the line right, he's he said he will be a Newton forever even though his role will become a little bit more invisible, of course, what Nutanix has been trying to do with infrastructure and clouds before. So, Virginia, what does this mean for today and for the direction of the company? And then Monica, I would love kind of the internal look from an employee standpoint. >> Well, Stu, thank you for asking the question. I actually did a significant post on LinkedIn a couple of days ago because I really wanted to express to the world how blown away I am by our founder, Dheeraj. I've been working with him now over the last three years. And as I have gotten to know him, and I have worked with a lot of founders in my life, and I've worked with a lot of CEOs who were founders and some that were not founders, they were just CEOs and they came in after the fact, and it is rare that you find an individual that is just so focused on driving the mission forward in a very selfless way. And from the very beginning, people who ended up talking to with our CEO over their life's journey with Nutanix over the last 10, 11 years, will say the same exact same thing, which is, his single focus was about the mission and how Nutanix can support and grow the mission of the organization and what the world needs today. And it is rare that an individual will say, at a certain point in time, "I have taken this thing that I have created to a certain point, and now, it is yet at another inflection point, and it needs to continue on in a significant way. So being concerned about every facet, from do I have the right talent, do I have the right offering, do I have the right capital position, do I have the right board, do I have the right person at the helm? And I have spent a lot of time talking with Dheeraj, which is a gift and a pleasure in life, and to be able to have a candid conversation about where is Nutanix going next and how best to get there. And for a CEO to be able to sit down and talk to their board about that, it is really unique. And to have someone who cares so much about the future of the company, I was really blown away. So I'm very excited about our prospects going forward. Otherwise, I would not have joined this board. We all have, our lives are challenged, and life is short, and we want to spend the time doing the things that we believe in and we love and support. So I am very excited for the next chapter. We have built an incredible base. And now we're poised for very significant growth. And I think to underscore that, you saw the performance of the company was extremely good, the partnerships that are coming out, this is exactly the time when you want to, again, self-effacing, disrupting yourself, looking at where we need to go next. The time to do that is not at the point where you are there and you've arrived at that next step, but just as you're about to take off on a launch. And I think we're here. And I'm very excited. >> Yeah, I'll add to that. So, first of all, Virginia, we are so thrilled that you're on the board. As far as Dheeraj goes, I believe he's a force of nature. I think that's what Virginia said. And look, I'm a parent, and for those of you who are parents out there, this will probably resonate. When a child is born, you nurture your child and you take care of them. At some point, they leave for college. And for me, it was a hard one coming from a different culture, but I almost seem this is akin to that. Dheeraj is the founding father of Nutanix. He has really nurtured the company, he's built it up, he's given us all the right culture principles, and now, he's sending us off to call it saying, "Okay, this is the next phase of your life, go do the best you can and take Nutanix to the next level." And I'm really, really proud to be part of this company, I've been here for a year-and-a-half, we have amazing talent, people are important, we have amazing innovations. And, by the way, this new year, we started a fiscal year in August, it's going to be full of amazing innovations. I mean, this is only the beginning, what you've heard in the last two or three weeks, a lot more is coming down. And then there are some process that we've put in place so people process technology, process to actually scale as a larger company. So I think what Dheeraj has done is really set us up for the next phase of our life, and he's always going to be there for us as an advisor just like a parent is there for the child when they're off to college and off to doing other things in life. That's what I believe. >> Well, Monica and Virginia, thank you so much for sharing the updates. theCUBE really appreciates being able to be part of the Nutanix .NEXT event, and great to catch up with both of you. >> Thank you so much. >> Thank you for continuing to work with us. Thank you. >> All right, stay tuned for more from Nutanix .NEXT digital experience. I'm Stu Miniman. And thank you for watching theCUBE. (gentle music)

Published Date : Sep 8 2020

SUMMARY :

Brought to you by Nutanix. and the first time they've done, and lots of the Newtons. the best solutions to market. Virginia, I'd love to And then in addition to that, and at the show, Scott Guthrie, it's, of course, the hyperscaler clouds, In a lot of the conversations and the various providers who and the CIOs were all about and the optionality to be able And talking about the and be able to run the same as to the security that and our ability to have the I often need to rapidly and that's the ultimate nirvana for IT. of the areas that they and for the direction of the company? and grow the mission and he's always going to be and great to catch up with both of you. to work with us. And thank you for watching theCUBE.

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