Phil Kippen, Snowflake, Dave Whittington, AT&T & Roddy Tranum, AT&T | | MWC Barcelona 2023
(gentle music) >> Narrator: "TheCUBE's" live coverage is made possible by funding from Dell Technologies, creating technologies that drive human progress. (upbeat music) >> Hello everybody, welcome back to day four of "theCUBE's" coverage of MWC '23. We're here live at the Fira in Barcelona. Wall-to-wall coverage, John Furrier is in our Palo Alto studio, banging out all the news. Really, the whole week we've been talking about the disaggregation of the telco network, the new opportunities in telco. We're really excited to have AT&T and Snowflake here. Dave Whittington is the AVP, at the Chief Data Office at AT&T. Roddy Tranum is the Assistant Vice President, for Channel Performance Data and Tools at AT&T. And Phil Kippen, the Global Head Of Industry-Telecom at Snowflake, Snowflake's new telecom business. Snowflake just announced earnings last night. Typical Scarpelli, they beat earnings, very conservative guidance, stocks down today, but we like Snowflake long term, they're on that path to 10 billion. Guys, welcome to "theCUBE." Thanks so much >> Phil: Thank you. >> for coming on. >> Dave and Roddy: Thanks Dave. >> Dave, let's start with you. The data culture inside of telco, We've had this, we've been talking all week about this monolithic system. Super reliable. You guys did a great job during the pandemic. Everything shifting to landlines. We didn't even notice, you guys didn't miss a beat. Saved us. But the data culture's changing inside telco. Explain that. >> Well, absolutely. So, first of all IoT and edge processing is bringing forth new and exciting opportunities all the time. So, we're bridging the world between a lot of the OSS stuff that we can do with edge processing. But bringing that back, and now we're talking about working, and I would say traditionally, we talk data warehouse. Data warehouse and big data are now becoming a single mesh, all right? And the use cases and the way you can use those, especially I'm taking that edge data and bringing it back over, now I'm running AI and ML models on it, and I'm pushing back to the edge, and I'm combining that with my relational data. So that mesh there is making all the difference. We're getting new use cases that we can do with that. And it's just, and the volume of data is immense. >> Now, I love ChatGPT, but I'm hoping your data models are more accurate than ChatGPT. I never know. Sometimes it's really good, sometimes it's really bad. But enterprise, you got to be clean with your AI, don't you? >> Not only you have to be clean, you have to monitor it for bias and be ethical about it. We're really good about that. First of all with AT&T, our brand is Platinum. We take care of that. So, we may not be as cutting-edge risk takers as others, but when we go to market with an AI or an ML or a product, it's solid. >> Well hey, as telcos go, you guys are leaning into the Cloud. So I mean, that's a good starting point. Roddy, explain your role. You got an interesting title, Channel Performance Data and Tools, what's that all about? >> So literally anything with our consumer, retail, concenters' channels, all of our channels, from a data perspective and metrics perspective, what it takes to run reps, agents, all the way to leadership levels, scorecards, how you rank in the business, how you're driving the business, from sales, service, customer experience, all that data infrastructure with our great partners on the CDO side, as well as Snowflake, that comes from my team. >> And that's traditionally been done in a, I don't mean the pejorative, but we're talking about legacy, monolithic, sort of data warehouse technologies. >> Absolutely. >> We have a love-hate relationship with them. It's what we had. It's what we used, right? And now that's evolving. And you guys are leaning into the Cloud. >> Dramatic evolution. And what Snowflake's enabled for us is impeccable. We've talked about having, people have dreamed of one data warehouse for the longest time and everything in one system. Really, this is the only way that becomes a reality. The more you get in Snowflake, we can have golden source data, and instead of duplicating that 50 times across AT&T, it's in one place, we just share it, everybody leverages it, and now it's not duplicated, and the process efficiency is just incredible. >> But it really hinges on that separation of storage and compute. And we talk about the monolithic warehouse, and one of the nightmares I've lived with, is having a monolithic warehouse. And let's just go with some of my primary, traditional customers, sales, marketing and finance. They are leveraging BSS OSS data all the time. For me to coordinate a deployment, I have to make sure that each one of these units can take an outage, if it's going to be a long deployment. With the separation of storage, compute, they own their own compute cluster. So I can move faster for these people. 'Cause if finance, I can implement his code without impacting finance or marketing. This brings in CI/CD to more reality. It brings us faster to market with more features. So if he wants to implement a new comp plan for the field reps, or we're reacting to the marketplace, where one of our competitors has done something, we can do that in days, versus waiting weeks or months. >> And we've reported on this a lot. This is the brilliance of Snowflake's founders, that whole separation >> Yep. >> from compute and data. I like Dave, that you're starting with sort of the business flexibility, 'cause there's a cost element of this too. You can dial down, you can turn off compute, and then of course the whole world said, "Hey, that's a good idea." And a VC started throwing money at Amazon, but Redshift said, "Oh, we can do that too, sort of, can't turn off the compute." But I want to ask you Phil, so, >> Sure. >> it looks from my vantage point, like you're taking your Data Cloud message which was originally separate compute from storage simplification, now data sharing, automated governance, security, ultimately the marketplace. >> Phil: Right. >> Taking that same model, break down the silos into telecom, right? It's that same, >> Mm-hmm. >> sorry to use the term playbook, Frank Slootman tells me he doesn't use playbooks, but he's not a pattern matcher, but he's a situational CEO, he says. But the situation in telco calls for that type of strategy. So explain what you guys are doing in telco. >> I think there's, so, what we're launching, we launched last week, and it really was three components, right? So we had our platform as you mentioned, >> Dave: Mm-hmm. >> and that platform is being utilized by a number of different companies today. We also are adding, for telecom very specifically, we're adding capabilities in marketplace, so that service providers can not only use some of the data and apps that are in marketplace, but as well service providers can go and sell applications or sell data that they had built. And then as well, we're adding our ecosystem, it's telecom-specific. So, we're bringing partners in, technology partners, and consulting and services partners, that are very much focused on telecoms and what they do internally, but also helping them monetize new services. >> Okay, so it's not just sort of generic Snowflake into telco? You have specific value there. >> We're purposing the platform specifically for- >> Are you a telco guy? >> I am. You are, okay. >> Total telco guy absolutely. >> So there you go. You see that Snowflake is actually an interesting organizational structure, 'cause you're going after verticals, which is kind of rare for a company of your sort of inventory, I'll say, >> Absolutely. >> I don't mean that as a negative. (Dave laughs) So Dave, take us through the data journey at AT&T. It's a long history. You don't have to go back to the 1800s, but- (Dave laughs) >> Thank you for pointing out, we're a 149-year-old company. So, Jesse James was one of the original customers, (Dave laughs) and we have no longer got his data. So, I'll go back. I've been 17 years singular AT&T, and I've watched it through the whole journey of, where the monolithics were growing, when the consolidation of small, wireless carriers, and we went through that boom. And then we've gone through mergers and acquisitions. But, Hadoop came out, and it was going to solve all world hunger. And we had all the aspects of, we're going to monetize and do AI and ML, and some of the things we learned with Hadoop was, we had this monolithic warehouse, we had this file-based-structured Hadoop, but we really didn't know how to bring this all together. And we were bringing items over to the relational, and we were taking the relational and bringing it over to the warehouse, and trying to, and it was a struggle. Let's just go there. And I don't think we were the only company to struggle with that, but we learned a lot. And so now as tech is finally emerging, with the cloud, companies like Snowflake, and others that can handle that, where we can create, we were discussing earlier, but it becomes more of a conducive mesh that's interoperable. So now we're able to simplify that environment. And the cloud is a big thing on that. 'Cause you could not do this on-prem with on-prem technologies. It would be just too cost prohibitive, and too heavy of lifting, going back and forth, and managing the data. The simplicity the cloud brings with a smaller set of tools, and I'll say in the data space specifically, really allows us, maybe not a single instance of data for all use cases, but a greatly reduced ecosystem. And when you simplify your ecosystem, you simplify speed to market and data management. >> So I'm going to ask you, I know it's kind of internal organizational plumbing, but it'll inform my next question. So, Dave, you're with the Chief Data Office, and Roddy, you're kind of, you all serve in the business, but you're really serving the, you're closer to those guys, they're banging on your door for- >> Absolutely. I try to keep the 130,000 users who may or may not have issues sometimes with our data and metrics, away from Dave. And he just gets a call from me. >> And he only calls when he has a problem. He's never wished me happy birthday. (Dave and Phil laugh) >> So the reason I asked that is because, you describe Dave, some of the Hadoop days, and again love-hate with that, but we had hyper-specialized roles. We still do. You've got data engineers, data scientists, data analysts, and you've got this sort of this pipeline, and it had to be this sequential pipeline. I know Snowflake and others have come to simplify that. My question to you is, how is that those roles, how are those roles changing? How is data getting closer to the business? Everybody talks about democratizing business. Are you doing that? What's a real use example? >> From our perspective, those roles, a lot of those roles on my team for years, because we're all about efficiency, >> Dave: Mm-hmm. >> we cut across those areas, and always have cut across those areas. So now we're into a space where things have been simplified, data processes and copying, we've gone from 40 data processes down to five steps now. We've gone from five steps to one step. We've gone from days, now take hours, hours to minutes, minutes to seconds. Literally we're seeing that time in and time out with Snowflake. So these resources that have spent all their time on data engineering and moving data around, are now freed up more on what they have skills for and always have, the data analytics area of the business, and driving the business forward, and new metrics and new analysis. That's some of the great operational value that we've seen here. As this simplification happens, it frees up brain power. >> So, you're pumping data from the OSS, the BSS, the OKRs everywhere >> Everywhere. >> into Snowflake? >> Scheduling systems, you name it. If you can think of what drives our retail and centers and online, all that data, scheduling system, chat data, call center data, call detail data, all of that enters into this common infrastructure to manage the business on a day in and day out basis. >> How are the roles and the skill sets changing? 'Cause you're doing a lot less ETL, you're doing a lot less moving of data around. There were guys that were probably really good at that. I used to joke in the, when I was in the storage world, like if your job is bandaging lungs, you need to look for a new job, right? So, and they did and people move on. So, are you able to sort of redeploy those assets, and those people, those human resources? >> These folks are highly skilled. And we were talking about earlier, SQL hasn't gone away. Relational databases are not going away. And that's one thing that's made this migration excellent, they're just transitioning their skills. Experts in legacy systems are now rapidly becoming experts on the Snowflake side. And it has not been that hard a transition. There are certainly nuances, things that don't operate as well in the cloud environment that we have to learn and optimize. But we're making that transition. >> Dave: So just, >> Please. >> within the Chief Data Office we have a couple of missions, and Roddy is a great partner and an example of how it works. We try to bring the data for democratization, so that we have one interface, now hopefully know we just have a logical connection back to these Snowflake instances that we connect. But we're providing that governance and cleansing, and if there's a business rule at the enterprise level, we provide it. But the goal at CDO is to make sure that business units like Roddy or marketing or finance, that they can come to a platform that's reliable, robust, and self-service. I don't want to be in his way. So I feel like I'm providing a sub-level of platform, that he can come to and anybody can come to, and utilize, that they're not having to go back and undo what's in Salesforce, or ServiceNow, or in our billers. So, I'm sort of that layer. And then making sure that that ecosystem is robust enough for him to use. >> And that self-service infrastructure is predominantly through the Azure Cloud, correct? >> Dave: Absolutely. >> And you work on other clouds, but it's predominantly through Azure? >> We're predominantly in Azure, yeah. >> Dave: That's the first-party citizen? >> Yeah. >> Okay, I like to think in terms sometimes of data products, and I know you've mentioned upfront, you're Gold standard or Platinum standard, you're very careful about personal information. >> Dave: Yeah. >> So you're not trying to sell, I'm an AT&T customer, you're not trying to sell my data, and make money off of my data. So the value prop and the business case for Snowflake is it's simpler. You do things faster, you're in the cloud, lower cost, et cetera. But I presume you're also in the business, AT&T, of making offers and creating packages for customers. I look at those as data products, 'cause it's not a, I mean, yeah, there's a physical phone, but there's data products behind it. So- >> It ultimately is, but not everybody always sees it that way. Data reporting often can be an afterthought. And we're making it more on the forefront now. >> Yeah, so I like to think in terms of data products, I mean even if the financial services business, it's a data business. So, if we can think about that sort of metaphor, do you see yourselves as data product builders? Do you have that, do you think about building products in that regard? >> Within the Chief Data Office, we have a data product team, >> Mm-hmm. >> and by the way, I wouldn't be disingenuous if I said, oh, we're very mature in this, but no, it's where we're going, and it's somewhat of a journey, but I've got a peer, and their whole job is to go from, especially as we migrate from cloud, if Roddy or some other group was using tables three, four and five and joining them together, it's like, "Well look, this is an offer for data product, so let's combine these and put it up in the cloud, and here's the offer data set product, or here's the opportunity data product," and it's a journey. We're on the way, but we have dedicated staff and time to do this. >> I think one of the hardest parts about that is the organizational aspects of it. Like who owns the data now, right? It used to be owned by the techies, and increasingly the business lines want to have access, you're providing self-service. So there's a discussion about, "Okay, what is a data product? Who's responsible for that data product? Is it in my P&L or your P&L? Somebody's got to sign up for that number." So, it sounds like those discussions are taking place. >> They are. And, we feel like we're more the, and CDO at least, we feel more, we're like the guardians, and the shepherds, but not the owners. I mean, we have a role in it all, but he owns his metrics. >> Yeah, and even from our perspective, we see ourselves as an enabler of making whatever AT&T wants to make happen in terms of the key products and officers' trade-in offers, trade-in programs, all that requires this data infrastructure, and managing reps and agents, and what they do from a channel performance perspective. We still ourselves see ourselves as key enablers of that. And we've got to be flexible, and respond quickly to the business. >> I always had empathy for the data engineer, and he or she had to service all these different lines of business with no business context. >> Yeah. >> Like the business knows good data from bad data, and then they just pound that poor individual, and they're like, "Okay, I'm doing my best. It's just ones and zeros to me." So, it sounds like that's, you're on that path. >> Yeah absolutely, and I think, we do have refined, getting more and more refined owners of, since Snowflake enables these golden source data, everybody sees me and my organization, channel performance data, go to Roddy's team, we have a great team, and we go to Dave in terms of making it all happen from a data infrastructure perspective. So we, do have a lot more refined, "This is where you go for the golden source, this is where it is, this is who owns it. If you want to launch this product and services, and you want to manage reps with it, that's the place you-" >> It's a strong story. So Chief Data Office doesn't own the data per se, but it's your responsibility to provide the self-service infrastructure, and make sure it's governed properly, and in as automated way as possible. >> Well, yeah, absolutely. And let me tell you more, everybody talks about single version of the truth, one instance of the data, but there's context to that, that we are taking, trying to take advantage of that as we do data products is, what's the use case here? So we may have an entity of Roddy as a prospective customer, and we may have a entity of Roddy as a customer, high-value customer over here, which may have a different set of mix of data and all, but as a data product, we can then create those for those specific use cases. Still point to the same data, but build it in different constructs. One for marketing, one for sales, one for finance. By the way, that's where your data engineers are struggling. >> Yeah, yeah, of course. So how do I serve all these folks, and really have the context-common story in telco, >> Absolutely. >> or are these guys ahead of the curve a little bit? Or where would you put them? >> I think they're definitely moving a lot faster than the industry is generally. I think the enabling technologies, like for instance, having that single copy of data that everybody sees, a single pane of glass, right, that's definitely something that everybody wants to get to. Not many people are there. I think, what AT&T's doing, is most definitely a little bit further ahead than the industry generally. And I think the successes that are coming out of that, and the learning experiences are starting to generate momentum within AT&T. So I think, it's not just about the product, and having a product now that gives you a single copy of data. It's about the experiences, right? And now, how the teams are getting trained, domains like network engineering for instance. They typically haven't been a part of data discussions, because they've got a lot of data, but they're focused on the infrastructure. >> Mm. >> So, by going ahead and deploying this platform, for platform's purpose, right, and the business value, that's one thing, but also to start bringing, getting that experience, and bringing new experience in to help other groups that traditionally hadn't been data-centric, that's also a huge step ahead, right? So you need to enable those groups. >> A big complaint of course we hear at MWC from carriers is, "The over-the-top guys are killing us. They're riding on our networks, et cetera, et cetera. They have all the data, they have all the client relationships." Do you see your client relationships changing as a result of sort of your data culture evolving? >> Yes, I'm not sure I can- >> It's a loaded question, I know. >> Yeah, and then I, so, we want to start embedding as much into our network on the proprietary value that we have, so we can start getting into that OTT play, us as any other carrier, we have distinct advantages of what we can do at the edge, and we just need to start exploiting those. But you know, 'cause whether it's location or whatnot, so we got to eat into that. Historically, the network is where we make our money in, and we stack the services on top of it. It used to be *69. >> Dave: Yeah. >> If anybody remembers that. >> Dave: Yeah, of course. (Dave laughs) >> But you know, it was stacked on top of our network. Then we stack another product on top of it. It'll be in the edge where we start providing distinct values to other partners as we- >> I mean, it's a great business that you're in. I mean, if they're really good at connectivity. >> Dave: Yeah. >> And so, it sounds like it's still to be determined >> Dave: Yeah. >> where you can go with this. You have to be super careful with private and for personal information. >> Dave: Yep. >> Yeah, but the opportunities are enormous. >> There's a lot. >> Yeah, particularly at the edge, looking at, private networks are just an amazing opportunity. Factories and name it, hospital, remote hospitals, remote locations. I mean- >> Dave: Connected cars. >> Connected cars are really interesting, right? I mean, if you start communicating car to car, and actually drive that, (Dave laughs) I mean that's, now we're getting to visit Xen Fault Tolerance people. This is it. >> Dave: That's not, let's hold the traffic. >> Doesn't scare me as much as we actually learn. (all laugh) >> So how's the show been for you guys? >> Dave: Awesome. >> What're your big takeaways from- >> Tremendous experience. I mean, someone who doesn't go outside the United States much, I'm a homebody. The whole experience, the whole trip, city, Mobile World Congress, the technologies that are out here, it's been a blast. >> Anything, top two things you learned, advice you'd give to others, your colleagues out in general? >> In general, we talked a lot about technologies today, and we talked a lot about data, but I'm going to tell you what, the accelerator that you cannot change, is the relationship that we have. So when the tech and the business can work together toward a common goal, and it's a partnership, you get things done. So, I don't know how many CDOs or CIOs or CEOs are out there, but this connection is what accelerates and makes it work. >> And that is our audience Dave. I mean, it's all about that alignment. So guys, I really appreciate you coming in and sharing your story in "theCUBE." Great stuff. >> Thank you. >> Thanks a lot. >> All right, thanks everybody. Thank you for watching. I'll be right back with Dave Nicholson. Day four SiliconANGLE's coverage of MWC '23. You're watching "theCUBE." (gentle music)
SUMMARY :
that drive human progress. And Phil Kippen, the Global But the data culture's of the OSS stuff that we But enterprise, you got to be So, we may not be as cutting-edge Channel Performance Data and all the way to leadership I don't mean the pejorative, And you guys are leaning into the Cloud. and the process efficiency and one of the nightmares I've lived with, This is the brilliance of the business flexibility, like you're taking your Data Cloud message But the situation in telco and that platform is being utilized You have specific value there. I am. So there you go. I don't mean that as a negative. and some of the things we and Roddy, you're kind of, And he just gets a call from me. (Dave and Phil laugh) and it had to be this sequential pipeline. and always have, the data all of that enters into How are the roles and in the cloud environment that But the goal at CDO is to and I know you've mentioned upfront, So the value prop and the on the forefront now. I mean even if the and by the way, I wouldn't and increasingly the business and the shepherds, but not the owners. and respond quickly to the business. and he or she had to service Like the business knows and we go to Dave in terms doesn't own the data per se, and we may have a entity and really have the and having a product now that gives you and the business value, that's one thing, They have all the data, on the proprietary value that we have, Dave: Yeah, of course. It'll be in the edge business that you're in. You have to be super careful Yeah, but the particularly at the edge, and actually drive that, let's hold the traffic. much as we actually learn. the whole trip, city, is the relationship that we have. and sharing your story in "theCUBE." Thank you for watching.
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Sean Knapp, Ascend io | AWS re:Invent 2022 - Global Startup Program
>>And welcome back to the Cube everyone. I'm John Walls to continue our coverage here of AWS Reinvent 22. We're part of the AWS Startup Showcase is the global startup program that AWS so proudly sponsors and with us to talk about what they're doing now in the AWS space. Shaun Knapps, the CEO of AS Send IO and Sean, good to have here with us. We appreciate >>It. Thanks for having me, >>John. Yeah, thanks for the time. First off, gotta show the t-shirt. You caught my attention. Big data is a cluster. I don't think you get a lot of argument from some folks, right? But it's your job to make some sense of it, is it not? Yeah. Tell us about a Send io. >>Sure. As Send IO is a data automation platform. What we do is connect a lot of the, the disparate parts of what data teams do when they create ETL and E o T data pipelines. And we use advanced levels of automation to make it easier and faster for them to build these complex systems and have their world be a little bit less of a, a cluster. >>All right. So let's get into automation a little bit then again, I, your definition of automation and how you're applying it to your business case. >>Absolutely. You know, what we see oftentimes is as spaces mature and evolve, the number of repetitive and repeatable tasks that actually become far less differentiating, but far more taxable if you will, right to the business, start to accumulate as those common patterns emerge. And, and, you know, as we see standardization around tech stacks, like on Amazon and on Snowflake and on data bricks, and as you see those patterns really start to, to formalize and standardize, it opens up the door to basically not have your team have to do all those things anymore and write code or perform the same actions that they used to always have to, and you can lean more on technology to properly automate and remove the, the monotony of those tasks and give your teams greater leverage. >>All right. So, so let's talk about at least maybe your, the journey, say in the past 18 months in terms of automation and, and what have you seen from a trend perspective and how are you trying to address that in order to, to meet that need? >>Yeah, I think the last 18 months have become, you know, really exciting as we've seen both that, you know, a very exciting boom and bust cycle that are driving a lot of other macro behaviors. You know, what we've seen over the last 18 months is far greater adoption of the, the standard, what we call the data planes, the, the architectures around snowflake and data bricks and, and Amazon. And what that's created as a result is the emergence of what I would call is the next problem. You know, as you start to solve that category of how >>You, that's it always works too, isn't >>It? Yeah, exactly. Always >>Works that >>This is the wonderful thing about technology is the job security. There's always the next problem to go solve. And that's what we see is, you know, as we we go into cloud, we get that infinite scale, infinite capacity, capacity, infinite flexibility. And you know, with these modern now data platforms, we get that infinite ability to store and process data incredibly quickly with incredible ease. And so what, what do most organizations do? You take a ton of new bodies, like all the people who wanted to do those like really cool things with data you're like, okay, now you can. And so you start throwing a lot more use cases, you start creating a lot more data products, you start doing a lot more things with data. And this is really where that third category starts to emerge, which is you get this data mess, not mesh, but the data mess. >>You get a cluster cluster, you get a cluster exactly where the complexity skyrockets. And as a result that that rapid innovation that, that you are all looking for and, and promised just comes to a screeching halt as you're just, just like trying to swim through molasses. And as a result, this is where that, that new awareness around automation starts really heightened. You know, we, we did a really interesting survey at the start of this year, did it as a blind survey, independent third party surveyed, 500 chief data officers, data scientists, data architects, and asked them a plethora of questions. But one of the questions we asked them was, do you currently or do you intend on investing in data automation to increase your team's productivity? And what was shocking, and I was very surprised by this, okay, what was shocking was only three and a half percent said they do today. Which is really interesting because it really hones in on this notion of automation is beyond what a lot of a think of, you know, tooling and enhancements today, only three and a half percent today had it, but 88.5% said they intend on making data automation investments in the next 12 months. And that stark contrast of how many people have a thing and how many people want that benefit of automation, right? I think it is incredibly critical as we look to 2023 and beyond. >>I mean, this seems like a no-brainer, does it not? I mean, know it is your business, of course you agree with me, but, but of course, of course what brilliant statement. But it is, it seems like, you know, the more you're, you're able to automate certain processes and then free up your resources and your dollars to be spent elsewhere and your, and your human capital, you know, to be invested elsewhere. That just seems to be a layup. I'm really, I'm very surprised by that three and a half percent figure >>I was too. I actually was expecting it to be higher. I was expecting five to 10%. Yeah. As there's other tools in the, the marketplace around ETL tools or orchestration tools that, that some would argue fit in the automation category. And I think the, what, what the market is telling us based on, on that research is that those themselves are, don't qualify as automation. That, that the market has a, a larger vision for automation. Something that is more metadata driven, more AI back, that takes us a greater leap and of leverage for the teams than than what the, the existing capabilities in the industry today can >>Afford. Okay. So if you got this big leap that you can make, but, but, but maybe, you know, should sites be set a little lower, are you, are you in danger of creating too much of an expectation or too much of a false hope? Because you know, I mean sometimes incremental increases are okay. I >>Agree. I I I think the, you know, I think you wanna do a little bit of both. I think you, you want to have a plan for, for reaching for the stars and you gotta be really pragmatic as well. Even inside of a a suni, we actually have a core value, which is build for 10 x plan for a hundred x and so know where you're going, right? But, but solve the problems that are right in front of you today as, as you get to that next scale. And I think the, the really important part for a lot of companies is how do you think about what that trajectory is and be really smart around where you choose to invest as you, one of the, the scenes that we have is last year's innovation is next year's anchor around your neck. And that's because we, we were in this very fortunately, so this really exciting, rapidly moving innovative space, but the thing that was your advantage not too long ago is everybody can move so quickly now becomes commonplace and a year or two later, if you don't jump on whatever that next innovation is that the industry start to standardize on, you're now on hook paying massive debt and, and paying, you know, you thought you had, you know, home mortgage debt and now you're paying the worst of credit card debt trying to pay that down and maintain your velocity. >>It's >>A whole different kind of fomo, right? I'm fair, miss, I'm gonna miss out. What am I missing out on? What the next big thing exactly been missing out >>On that? And so we encourage a lot of folks, you know, as you think about this as it pertains to automation too, is you solve for some of the problems right in front of you, but really make sure that you're, you're designing the right approach that as you stack on, you know, five times, 10 times as many people building data products and, and you, you're, you're your volume and library of, of data weaving throughout your, your business, make sure you're making those right investments. And that's one of the reasons why we do think automation is so important and, and really this, this next generation of automation, which is a, a metadata and AI back to level of automation that can just achieve and accomplish so much more than, than sort of traditional norms. >>Yeah. On that, like, as far as Dex Gen goes, what do you think is gonna be possible that cloud sets the stage for that maybe, you know, not too long ago seem really outta reach, like, like what's gonna give somebody to work on that 88% in there that's gonna make their spin come your way? >>Ah, good question. So I, I think there's a couple fold. I, you know, I think the, right now we see two things happening. You know, we see large movements going to the, the, the dominant data platforms today. And, and you know, frankly, one of the, the biggest challenges we see people having today is just how do you get data in which is insanity to me because that's not even the value extraction, that is the cost center piece of it. Just get data in so you can start to do something with it. And so I think that becomes a, a huge hurdle, but the access to new technologies, the ability to start to unify more of your data and, and in rapid fashion, I think is, is really important. I think as we start to, to invest more in this metadata backed layer that can connect that those notions of how do you ingest your data, how do you transform it, how do you orchestrate it, how do you observe it? One of the really compelling parts of this is metadata does become the new big data itself. And so to do these really advanced things to give these data teams greater levels of automation and leverage, we actually need cloud capabilities to process large volumes of not the data, but the metadata around the data itself to deliver on these really powerful capabilities. And so I think that's why the, this new world that we see of the, the developer platforms for modern data cloud applications actually benefit from being a cloud native application themselves. >>So before you take off, talk about the AWS relationship part of the startup showcase part of the growth program. And we've talked a lot about the cloud, what it's doing for your business, but let's just talk about again, how integral they have been to your success and, and likewise what you're thinking maybe you bring to their table too. Yeah, >>Well we bring a lot to the table. >>Absolutely. I had no doubt about that. >>I mean, honestly, it, working with with AWS has been truly fantastic. Yep. You know, I think, you know, as a, a startup that's really growing and expanding your footprint, having access to the resources in AWS to drive adoption, drive best practices, drive awareness is incredibly impactful. I think, you know, conversely too, the, the value that Ascend provides to the, the AWS ecosystem is tremendous leverage on onboarding and driving faster use cases, faster adoption of all the really great cool, exciting technologies that we get to hear about by bringing more advanced layers of automation to the existing product stack, we can make it easier for more people to build more powerful things faster and safely. Which I think is what most businesses at reinvent really are looking for. >>It's win-win, win-win. Yeah. That's for sure. Sean, thanks for the time. Thank you John. Good job on the t-shirt and keep up the good work. Thank you very much. I appreciate that. Sean Na, joining us here on the AWS startup program, part of their of the Startup Showcase. We are of course on the Cube, I'm John Walls. We're at the Venetian in Las Vegas, and the cube, as you well know, is the leader in high tech coverage.
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We're part of the AWS Startup Showcase is the global startup program I don't think you get a lot of argument from some folks, And we use advanced levels of automation to make it easier and faster for them to build automation and how you're applying it to your business case. And, and, you know, as we see standardization around tech stacks, the journey, say in the past 18 months in terms of automation and, and what have you seen from a Yeah, I think the last 18 months have become, you know, really exciting as we've Yeah, exactly. And that's what we see is, you know, as we we go into cloud, But one of the questions we asked them was, do you currently or you know, the more you're, you're able to automate certain processes and then free up your resources and your and of leverage for the teams than than what the, the existing capabilities Because you know, I mean sometimes incremental increases But, but solve the problems that are right in front of you today as, as you get to that next scale. What the next big thing exactly been And so we encourage a lot of folks, you know, as you think about this as it pertains to automation too, cloud sets the stage for that maybe, you know, not too long ago seem And, and you know, frankly, one of the, the biggest challenges we see people having today is just how do So before you take off, talk about the AWS relationship part of the startup showcase I had no doubt about that. You know, I think, you know, as a, a startup that's really growing and expanding your footprint, We're at the Venetian in Las Vegas, and the cube, as you well know,
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Stijn Christiaens, Collibra, Data Citizens 22
(Inspiring rock music) >> Hey everyone, I'm Lisa Martin covering Data Citizens 22 brought to you by Collibra. This next conversation is going to focus on the importance of data culture. One of our Cube alumni is back; Stan Christians is Collibra's co-founder and it's Chief Data citizen. Stan, it's great to have you back on theCUBE. >> Hey Lisa, nice to be here. >> So we're going to be talking about the importance of data culture, data intelligence, maturity all those great things. When we think about the data revolution that every business is going through, you know, it's so much more than technology innovation; it also really requires cultural transformation, community transformation. Those are challenging for customers to undertake. Talk to us about what you mean by data citizenship and the role that creating a data culture plays in that journey. >> Right. So as you know, our event is called Data Citizens because we believe that, in the end, a data citizen is anyone who uses data to do their job. And we believe that today's organizations you have a lot of people, most of the employees in an organization, are somehow going to be a data citizen, right? So you need to make sure that these people are aware of it, you need to make sure that these people have the skills and competencies to do with data what is necessary, and that's on all levels, right? So what does it mean to have a good data culture? It means that if you're building a beautiful dashboard to try and convince your boss we need to make this decision, that your boss is also open to and able to interpret, you know, the data presented in the dashboard to actually make that decision and take that action. Right? And once you have that "Why" to the organization that's when you have a good data culture. That's a continuous effort for most organizations because they're always moving somehow, they're hiring new people. And it has to be a continuous effort because we've seen that, on the one hand, organizations continue to be challenged with controlling their data sources and where all the data is flowing right? Which in itself creates lot of risk, but also on the other hand of the equation, you have the benefits, you know, you might look at regulatory drivers like we have to do this, right? But it's, it's much better right now to consider the competitive drivers for example. And we did an IDC study earlier this year, quite interesting, I can recommend anyone to read it, and one of the conclusions they found as they surveyed over a thousand people across organizations worldwide, is that the ones who are higher in maturity, so the organizations that really look at data as an asset, look at data as a product and actively try to be better at it don't have three times as good a business outcome as the ones who are lower on the maturity scale, right? So you can say, okay, I'm doing this, you know, data culture for everyone, awakening them up as data citizens. I'm doing this for competitive reasons. I'm doing this for regulatory reasons. You're trying to bring both of those together. And the ones that get data intelligence, right, are just going to be more successful and more competitive. That's our view and that's what we're seeing out there in the market. >> Absolutely. We know that just generally, Stan, right, The organizations that are really creating a a data culture and enabling everybody within the organization to become data citizens are, we know that, in theory, they're more competitive, they're more successful, But the IDC study that you just mentioned demonstrates they're three times more successful and competitive than their peers. Talk about how Collibra advises customers to create that community, that culture of data when it might be challenging for an organization to adapt culturally. >> Of course, of course it's difficult for an organization to adapt, but it's also necessary as you just said, imagine that, you know, you're a modern day organization, phones, laptops, what have you. You're not using those IT assets, right? Or you know, you're delivering them throughout the organization, but not enabling your colleagues to actually do something with that asset. Same thing is true with data today, right, if you're not properly using the data asset, and your competitors are, they're going to get more advantage. So as to how you get this done or how you establish this culture there's a few angles to look at, I would say. So one angle is obviously the leadership angle whereby whoever is the boss of data in the organization you typically have multiple bosses there, like a chief Data Officer, sometimes there's multiple, but they may have a different title, right? So I'm just going to summarize it as a data leader for a second. So whoever that is, they need to make sure that there's a clear vision, a clear strategy for data. And that strategy needs to include the monetization aspect. How are you going to get value from data? >> Lisa: Yes. >> Now, that's one part because then you can clearly see the example of your leadership in the organization, and also the business value, and that's important because those people, their job, in essence, really is to make everyone in the organization think about data as an asset. And I think that's the second part of the equation of getting that go to right is it's not enough to just have that leadership out there but you also have to get the hearts and minds of the data champions across the organization. You really have to win them over. And if you have those two combined, and obviously good technology to, you know, connect those people and have them execute on their responsibilities such as a data intelligence platform like ePlus, then you have the pieces in place to really start upgrading that culture inch by inch, if you will. >> Yes, I like that. The recipe for success. So you are the co-founder of Collibra. You've worn many different hats along this journey. Now you're building Collibra's own data office. I like how, before we went live, we were talking about Collibra is drinking its own champagne. I always loved to hear stories about that. You're speaking at Data Citizens 2022. Talk to us about how you are building a data culture within Collibra and what, maybe some of the specific projects are that Collibra's data office is working on. >> Yes. And it is indeed data citizens. There are a ton of speakers here, very excited. You know, we have Barb from MIT speaking about data monetization. We have DJ Patil at the last minute on the agenda so really exciting agenda, can't wait to get back out there. But essentially you're right. So over the years at Collibra, we've been doing this now since 2008, so a good 15 years, and I think we have another decade of work ahead in the market, just to be very clear. Data is here to stick around, as are we, and myself, you know, when you start a company we were four people in a garage, if you will, so everybody's wearing all sorts of hat at that time. But over the years I've run pre-sales at Collibra, I've run post sales, partnerships, product, et cetera, and as our company got a little bit biggish, we're now 1,200 something like that, people in the company I believe, systems and processes become a lot more important, right? So we said, you know, Collibra isn't the size of our customers yet, but we're getting there in terms of organization, structure, process systems et cetera. So we said it's really time for us to put our money where our mouth is, and to set up our own data office, which is what we were seeing that all of our customers are doing, and which is what we're seeing that organizations worldwide are doing and Gartner was predicting as well. They said, okay, organizations have an HR unit, they have a finance unit, and over time they'll all have a department, if you will, that is responsible somehow for the data. >> Lisa: Hm. >> So we said, okay, let's try to set an example with Collibra. Let's set up our own data office in such a way that other people can take away with it, right? Can take away from it? So we set up a data strategy, we started building data products, took care of the data infrastructure, that sort of good stuff, And in doing all of that, Lisa, exactly as you said, we said, okay, we need to also use our own products and our own practices, right? And from that use, learn how we can make the product better, learn how we can make the practice better and share that learning with all of the markets, of course. And on Monday mornings, we sometimes refer to that as eating our own dog foods, Friday evenings, we refer to that as drinking our own champagne. >> Lisa: I like it. >> So we, we had a (both chuckle) We had the drive do this, you know, there's a clear business reason, so we involved, we included that in the data strategy and that's a little bit of our origin. Now how, how do we organize this? We have three pillars, and by no means is this a template that everyone should follow. This is just the organization that works at our company, but it can serve as an inspiration. So we have pillars, which is data science, The data product builders, if you will or the people who help the business build data products, we have the data engineers who help keep the lights on for that data platform to make sure that the products, the data products, can run, the data can flow and, you know, the quality can be checked. And then we have a data intelligence or data governance pillar where we have those data governance data intelligence stakeholders who help the business as a sort of data partners to the business stakeholders. So that's how we've organized it. And then we started following the Collibra approach, which is, well, what are the challenges that our business stakeholders have in HR, finance, sales, marketing all over? And how can data help overcome those challenges? And from those use cases, we then just started to build a roadmap, and started execution on use case after use case. And a few important ones there are very simple, we see them with all our customers as well, people love talking about the catalog, right? The catalog for the data scientists to know what's in their data lake, for example, and for the people in Deagle and privacy, So they have their process registry, and they can see how the data flows. So that's a popular starting place and that turns into a marketplace so that if new analysts and data citizens join Collibra, they immediately have a place to go to to look at what data is out there for me as an analyst or data scientist or whatever, to do my job, right? So they can immediately get access to the data. And another one that we did is around trusted business reporting. We're seeing that, since 2008, you know, self-service BI allowed everyone to make beautiful dashboards, you know, by pie charts. I always, my pet peeve is the pie charts because I love pie, and you shouldn't always be using pie charts, but essentially there's become proliferation of those reports. And now executives don't really know, okay, should I trust this report or that report? They're reporting on the same thing but the numbers seem different, right? So that's why we have trusted business reporting. So we know if the reports, the dashboard, a data product essentially, is built, we know that all the right steps are being followed, and that whoever is consuming that can be quite confident in the result. >> Lisa: Right, and that confidence is absolutely key. >> Exactly. Yes. >> Absolutely. Talk a little bit about some of the the key performance indicators that you're using to measure the success of the data office. What are some of those KPIs? >> KPIs and measuring is a big topic in the chief data officer profession I would say, and again, it always varies, with respect to your organization, but there's a few that we use that might be of interest to you. So remember you have those three pillars, right? And we have metrics across those pillars. So, for example, a pillar on the data engineering side is going to be more related to that uptime, right? Is the data platform up and running? Are the data products up and running? Is the quality in them good enough? Is it going up? Is it going down? What's the usage? But also, and especially if you're in the cloud and if consumption's a big thing, you have metrics around cost, for example, right? So that's one set of examples. Another one is around the data signs and the products. Are people using them? Are they getting value from it? Can we calculate that value in a monetary perspective, right? >> Lisa: Yes. >> So that we can, to the rest of the business, continue to say, "We're tracking all those numbers and those numbers indicate that value is generated" and how much value estimated in that region. And then you have some data intelligence, data governance metrics, which is, for example you have a number of domains in a data mesh [Indistinct] People talk about being the owner a data domain for example, like product or customer. So how many of those domains do you have covered? How many of them are already part of the program? How many of them have owners assigned? How well are these owners organized, executing on their responsibilities? How many tickets are open? Closed? How many data products are built according to process? And so on and so forth, so these are a set of examples of KPI's. There's a lot more but hopefully those can already inspire the audience. >> Absolutely. So we've, we've talked about the rise of cheap data offices, it's only accelerating. You mentioned this is like a 10-year journey. So if you were to look into a crystal ball, what do you see, in terms of the maturation of data offices over the next decade? >> So we, we've seen, indeed, the role sort of grow up. I think in 2010 there may have been like, 10 chief data officers or something, Gartner has exact numbers on them. But then they grew, you know, 400's they were like mostly in financial services, but they expanded them to all industries and the number is estimated to be about 20,000 right now. >> Wow. >> And they evolved in a sort of stack of competencies, defensive data strategy, because the first chief data officers were more regulatory driven, offensive data strategy, support for the digital program and now all about data products, right? So as a data leader, you now need all those competences and need to include them in your strategy. How is that going to evolve for the next couple of years? I wish I had one of those crystal balls, right? But essentially, I think for the next couple of years there's going to be a lot of people, you know, still moving along with those four levels of the stack. A lot of people I see are still in version one and version two of the chief data officers. So you'll see, over the years that's going to evolve more digital and more data products. So for the next three, five years, my prediction is it's all going to be about data products because it's an immediate link between the data and the dollar essentially. >> Right. >> So that's going to be important and quite likely a new, some new things will be added on, which nobody can predict yet. But we'll see those pop up a few years. I think there's going to be a continued challenge for the chief data officer role to become a real executive role as opposed to, you know, somebody who claims that they're executive, but then they're not, right? So the real reporting level into the board, into the CEO for example, will continue to be a challenging point. But the ones who do get that done, will be the ones that are successful, and the ones who get that done will be the ones that do it on the basis of data monetization, right? Connecting value to the data and making that very clear to all the data citizens in the organization, right? >> Right, really creating that value chain. >> In that sense they'll need to have both, you know, technical audiences and non-technical audiences aligned of course, and they'll need to focus on adoption. Again, it's not enough to just have your data office be involved in this. It's really important that you are waking up data citizens across the organization and you make everyone in the organization think about data as an essence. >> Absolutely, because there's so much value that can be extracted if organizations really strategically build that data office and democratize access across all those data citizens. Stan, this is an exciting arena. We're definitely going to keep our eyes on this. Sounds like a lot of evolution and maturation coming from the data office perspective. From the data citizen perspective. And as the data show, that you mentioned in that IDC study you mentioned Gartner as well. Organizations have so much more likelihood of being successful and being competitive. So we're going to watch this space. Stan, thank you so much for joining me on theCUBE at Data Citizens 22. We appreciate it. >> Thanks for having me over. >> From Data Citizens 22, I'm Lisa Martin you're watching theCUBE, the leader in live tech coverage. (inspiring rock music) >> Okay, this concludes our coverage of Data Citizens 2022 brought to you by Collibra. Remember, all these videos are available on demand at theCUBE.net. And don't forget to check out siliconangle.com for all the news and wikibon.com for our weekly breaking analysis series where we cover many data topics and share survey research from our partner ETR, Enterprise Technology Research. If you want more information on the products announced at Data Citizens, go to Collibra.com. There are tons of resources there. You'll find analyst reports, product demos. It's really worthwhile to check those out. Thanks for watching our program and digging into Data Citizens 2022 on theCUBE Your leader in enterprise and emerging tech coverage. We'll see you soon. (inspiring rock music continues)
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brought to you by Collibra. Talk to us about what you is that the ones who that you just mentioned demonstrates And that strategy needs to and minds of the data champions Talk to us about how you are building So we said, you know, of the data infrastructure, We had the drive do this, you know, Lisa: Right, and that Yes. little bit about some of the in the chief data officer profession So that we can, to So if you were to look the number is estimated to So for the next three, five that do it on the basis of that value chain. in the organization think And as the data show, that you you're watching theCUBE, the brought to you by Collibra.
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Stijn Christiaens | Data Citizen 22
>>Hey everyone. I'm Lisa Martin covering Data Citizens 22, brought to you by Collibra. This next conversation is gonna focus on the importance of data culture. One of our Cube alumni is back, Stan Christians is Collibra's co-founder and it's Chief Data citizen. Stan, it's great to have you back on the cube. >>Hey, Lisa, nice to be here. >>So we're gonna be talking about the importance of data culture, data intelligence, maturity, all those great things. When we think about the data revolution that every business is going through, you know, so much more than technology innovation, it also really re requires cultural transformation, community transformation. Those are challenging for customers to undertake. Talk to us about what you mean by data citizenship and the role that creating a data culture plays in that journey. >>Right. So as you know, our event is called Data Citizens because we believe that in the end, a data citizen is anyone who uses data to do their job. And we believe that today's organizations, you have a lot of people, most of the employees in an organization are somehow going to be a data citizen, right? So you need to make sure that these people are aware of it. You need to make sure that these people have the skills and competencies to do with data what is necessary. And that's on all levels, right? So what does it mean to have a good data culture? It means that if you're building a beautiful dashboard to try and convince your boss, we need to make this decision that your boss is also open to and able to interpret, you know, the data presented in that dashboard to actually make that decision and take that action, right? >>And once you have that why through the organization, that's when you have a good data culture. Now, that's a continuous effort for most organizations because they, they're always moving, somehow there, hiring new people. And it has to be a continuous effort because we've seen that on the one hand, organizations continue to be challenged with controlling their data sources and where all the data is flowing, right? Which in itself creates a lot of risk. But also on the other set hand of the equation, you have the benefits. You know, you might look at regulatory drivers like, we have to do this, right? But it's, it's much better right now to consider the competitive drivers, for example. And we did an IDC study earlier this year, quite interesting. I can recommend anyone to read it. And one of the conclusions they found as they surveyed over a thousand people across organizations worldwide is that the ones who are higher in maturity. >>So the, the organizations that really look at data as an asset, look at data as a product and actively try to be better at it, don't have three times as good a business outcome as the ones who are lower on the maturity scale, right? So you can say, Okay, I'm doing this, you know, data culture for everyone, wakening them up as data citizens. I'm doing this for competitive reasons, I'm doing this for regulatory reasons. You're trying to bring both of those together and the ones that get data intelligence right, are just going to be more successful and more competitive. That's our view, and that's what we're seeing out there in the market. >>Absolutely. We know that just generally stand right, The organizations that are, are really creating a, a data culture and enabling everybody within the organization to become data citizens are, We know that in theory they're more competitive, they're more successful. But the IDC study that you just mentioned demonstrates they're three times more successful and competitive than their peers. Talk about how Collibra advises customers to create that community, that culture of data when it might be challenging for an organization to adapt culturally. >>Of course, of course it's difficult for an organization to adapt, but it's also necessary, as you just said, imagine that, you know, you're a modern day organization, phones, laptops, what have you, you're not using those IT assets, right? Or you know, you're delivering them through your, throughout the organization, but not enabling your colleagues to actually do something with that asset. Same thing is true with data today, right? If you are not properly using the data assets and your competitors are, they're going to get more advantage. So as to how you get this zone or how you establish this culture, there's a few angles to look at. I would say, Lisa, so one angle is obviously the leadership angle whereby whoever is the boss of data in the organization, you typically have multiple bosses there, like achieve data officers. Sometimes there's, there's multiple, but they may have a different title, right? >>So I'm just gonna summarize it as a data leader for a second. So whoever that is, they need to make sure that there's a clear vision, a clear strategy for data. And that strategy needs to include the monetization aspect. How are you going to get value from data? Yes. Now that's one part because then you can clearly see the example of your leadership in the organization and also the business value. And that's important because those people, their job in essence really is to make everyone in the organization think about data as an asset. And I think that's the second part of the equation of getting that culture right, is it's not enough to just have that leadership out there, but you also have to get the hearts and minds of the data champions across the organization. You really have to win them over. And if you have those two combined and obviously a good technology to, you know, connect those people and have them execute on their responsibilities, such as as a data intelligence platform like Colibra, then you have the pieces in place to really start upgrading that culture inch by inch if youll, >>Yes, I like that. The recipe for success. So you are the co-founder of colibra. You've worn many different hats along this journey. Now you're building Collibra's own data office. I like how before we went live, we were talking about Collibra is drinking its own champagne. I always loved to hear stories about that. You're speaking at Data Citizens 2022. Talk to us about how you are building a data culture within Collibra and what maybe some of the specific projects are that Collibra's data office is working on. >>Yes, and it is indeed data citizens. There are a ton of speakers here, very excited. You know, we have Barb from MIT speaking about data monetization. We have dig pat at the last minute on the agenda. So really exciting agenda. Can't wait to get back out there. But essentially you're right. So over the years at cbra, we've been doing this now since 2008, so a good 15 years. And I think we have another decade of work ahead in the market, just to be very clear. Data is here to stick around as are we. And myself, you know, when you start a company, we were for people in a, in a garage if you will. So everybody's wearing all sorts of hat at that time. But over the years I've run, you know, pre-sales at colibra, I've run post-sales partnerships, product, et cetera. And as our company got a little bit biggish for now, 1,200, something like that, people in the company, I believe systems and processes become a lot more important, right? >>So we said, you know, Colibra isn't the size of our customers yet, but we're getting there in terms of organizations, structure, process systems, et cetera. So we said, it's really time for us to put our money where our mouth is and to set up our own data office, which is what we were seeing at all of our customers are doing, and which is what we're seeing that organizations worldwide are doing. And Gartner was predicting us as well. They said, Okay, organizations have an HR unit, they have a finance unit, and over time they'll all have a department, if you will, that is responsible somehow for the data. So we said, Okay, let's try to set a an example at cbra. Let's try to set up our own data office and such way that other people can take away with it, right? Can take away from it. >>So we set up a data strategy, we started building data products, took care of the data infrastructure, that sort of good stuff. And in doing all of that, Lisa, exactly as you said, we said, okay, we need to also use our own product and our own practices, right? And from that use, learn how we can make the product better, learn how we can make the practice better, and share that learning with all of the markets of course. And on, on the Monday mornings, we sometimes refer to that as eating our own dog foods or Friday evenings we refer to that as drinking our own champagne. I like it. So we, we had a, we had the driver to do this, you know, there's a clear business reason. So we involved, we included that in the data strategy and that's a little bit of our origin. >>Now how, how do we organize this? We have three pillars, and by no means is this a template that everyone should follow? This is just the organization that works at our company, but it can serve as an inspiration. So we have a pillar, which is data science. The data product builders if you will, or the people who help the business build data products. We have the data engineers who help keep the lights on for that data platform to make sure the products, the data products can run, the data can flow and you know, the quality can be checked. And then we have a data intelligence or data governance builder where we have those data governance, data intelligence stakeholders who help the business as a sort of data partner to the business stakeholders. So that's how we've organized it. And then we started following the calibra approach, which is, well, what are the challenges that our business stakeholders have in hr, finance, sales, marketing all over? >>And how can data help overcome those challenges? And from those use cases, we then just started to build a roadmap and started execution on use case after use case. And a few important ones there are very simple, we see them with our, all our customers as well. People love talking about the catalog, right? The catalog for the data scientists to know what's in their data lake, for example, and for the people in and legal and privacy. So they have their process registry and they can see how the data flows. So that's a popular starting place. And that turns into a marketplace so that if new analysts and data citizens join cbra, they immediately have a place to go to, to look and see, okay, what data is out there for me as an analyst or a data scientist or whatever to do my job, right? >>So they can immediately get access to the data. And another one that we did is around trusted business reporting. We're seeing that since 2008. You know, self-service BI allowed everyone to make beautiful dashboards, you know, by pie charts. I always, my pet peeve is the pie charts because I love buy and you shouldn't always be using pie charts. But essentially there's become proliferation of those reports. And now executives don't really know, okay, should I trust this report or that report the reporting on the same thing. But the numbers seem different, right? So that's why we have trusted business reporting. So we know if a report, a dashboard, a data product essentially is built, we know that all the right steps are being followed and that whoever is consuming that can be quite confident in the result either right, in that silver or browser Absolutely key. Exactly. Yes. A absolutely. >>Talk a little bit about some of the, the key performance indicators that you're using to measure the success of the data office. What are some of those KPIs? >>KPIs and measuring is a big topic in the, in the data chief data officer profession, I would say, and again, it always varies with respect to your organization, but there's a few that we use that might be of interest to you. So remember we have those three pillars, right? And we have metrics across those pillars. So for example, a pillar on the data engineering side is gonna be more related to that uptime, right? Audit is a data platform up and running. Are the data products up and running? Is the quality in them good enough? Is it going up? Is it going down? What's the usage? But also, and especially if you're in the cloud and if consumption is a big thing, you have metrics around cost, for example, right? So that's one set of examples. Another one is around the data science and the products. >>Are people using them? Are they getting value from it? Can we calculate that value in a monetary perspective, right? So that we can to the rest of the business continue to say we're tracking on those numbers. And those numbers indicate that value is generated and how much value estimated in that region. And then you have some data intelligence, data governance metrics, which is, for example, you have a number of domains in a data mesh. People talk about being the owner of a data domain, for example, like product or customer. So how many of those domains do you have covered? How many of them are already part of the program? How many of them have owners assigned? How well are these owners organized, executing on their responsibilities? How many tickets are open closed? How many data products are built according to process? And so on and so forth. So these are an a set of examples of, of KPIs. There's a, there's a lot more, but hopefully those can already inspire the audience. >>Absolutely. So we've, we've talked about the rise of cheap data offices, it's only accelerating. You mentioned this is like a 10 year journey. So if you were to look into a crystal ball, what do you see in terms of the maturation of data offices over the next decade? >>So we, we've seen indeed the, the role sort of grow up, I think in, in 2010 there may have been like 10 chief data officers or something. Gartner has exact numbers on them, but then they grew, you know, 400, they were like mostly in financial services, but they expanded then to all of industries and then to all of the season. The number is estimated to be about 20,000 right now. Wow. And they evolved in a sort of stack of competencies, defensive data strategy, because the first chief data officers were more regulatory driven, offensive data strategy support for the digital program. And now all about data products, right? So as a data leader, you'd now need all of those competences and need to include them in, in your strategy. >>How is that going to evolve for the next couple of years? I wish I had one of those crystal balls, right? But essentially I think for the next couple of years there's gonna be a lot of people, you know, still moving along with those four levels of the stack. A lot of people I see are still in version one and version two of the chief data officer. So you'll see over the years that's going to evolve more digital and more data products. So for next three, five years, my, my prediction is it's all going to be about data products because it's an immediate link between the data and, and the dollar essentially, right? So that's gonna be important and quite likely a new, some new things will be added on, which nobody can predict yet. But we'll see those pop up in a few years. >>I think there's gonna be a continued challenge for the chief data officer role to become a real executive role as opposed to, you know, somebody who claims that they're executive, but then they're not. Right? So the real reporting level into the board, into the CEO for example, will continue to be a challenging point. But the ones who do get that done will be the ones that are successful. Yeah. And the ones who get that done will be the ones that do it on the basis of data monetization, right? Connecting value to the data and making that very clear to all the data citizens in the organization, right? Really and in that sense, value chain, they'll need to have both, you know, technical audiences and non-technical audiences aligned of course. And they'll need to focus on adoption. Again, it's not enough to just have your data office be involved in this. It's really important that you're waking up data citizens across the organization and you make everyone in the organization think about data as an essence. >>Absolutely. Because there's so much value that can be extracted if organizations really strategically build that data office and democratize access across all those data citizens. Stan, this is an exciting arena. We're definitely gonna keep our eyes on this. Sounds like a lot of evolution and maturation coming from the data office perspective. From the data citizen perspective. And as the data show that you mentioned in that IDC study, you mentioned Gartner as well, organizations have so much more likelihood of being successful in being competitive. So we're gonna watch this space. Stan, thank you so much for joining me on the queue at Data Citizens 22. We appreciate it. >>Thanks for having me over >>From Data Citizens 22, I'm Lisa Martin, you're watching The Cube, the leader in live tech coverage.
SUMMARY :
Stan, it's great to have you back on the cube. Talk to us about what you mean by data citizenship and the And we believe that today's organizations, you have a lot of people, the equation, you have the benefits. So you can say, Okay, I'm doing this, you know, data culture for everyone, wakening them But the IDC study that you just mentioned demonstrates they're So as to how you get this zone or how you establish this of the equation of getting that culture right, is it's not enough to just have that leadership out there, So you are the co-founder of colibra. So over the years at cbra, we've been doing this now since 2008, so a good 15 years. So we said, you know, Colibra isn't the size of our customers yet, but we're we had the driver to do this, you know, there's a clear business reason. make sure the products, the data products can run, the data can flow and you know, the data scientists to know what's in their data lake, for example, and for the people in So they can immediately get access to the data. Talk a little bit about some of the, the key performance indicators that you're using to measure the success of the So for example, a pillar on the data engineering side is gonna be more related So how many of those domains do you have covered? So if you were to Gartner has exact numbers on them, but then they grew, you know, How is that going to evolve for the next couple of years? Really and in that sense, value chain, they'll need to have both, you know, And as the data show that you mentioned in that IDC study, you mentioned Gartner as well, the leader in live tech coverage.
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Rinesh Patel, Snowflake & Jack Berkowitz, ADP | Snowflake Summit 2022
(upbeat music) >> Welcome back to theCUBE's continuing coverage of Snowflake Summit 22 live from Caesars Forum in Las Vegas. I'm Lisa Martin with Dave Vellante. We've got a couple of guests joining us now. We're going to be talking about financial services. Rinesh Patel joins us, the Global Head of Financial Services for Snowflake, and Jack Berkowitz, Chief Data Officer at ADP. Guys, welcome to the program. >> Thanks, thanks for having us. >> Thanks for having us. >> Talk to us about what's going on in the financial services industry as a whole. Obviously, we've seen so much change in the last couple of years. What does the data experience look like for internal folks and of course, for those end user consumers and clients? >> So, one of the big things happening inside of the financial services industry is overcoming the COVID wait, right? A lot of banks, a lot of institutions like ours had a lot of stuff on-prem. And then the move to the Cloud allows us to have that flexibility to deal with it. And out of that is also all these new capabilities. So the machine learning revolution has really hit the services industry, right? And so it's affecting how our IT teams or our data teams are building applications. Also really affecting what the end consumers get out of them. And so there's all sorts of consumerization of the experience over the past couple of years much faster than we ever expected it to happen. >> Right, we have these expectations as consumers that bleed into our business lives that I can do transactions. It's going to be on the swipe in terms of checking authenticity, fraud detection, et cetera. And of course we don't want things to go back in terms of how brands are serving us. Talk about some of the things that you guys have put in place with Snowflake in the last couple of years, particularly at ADP. >> Yeah, so one of the big things that we've done, is, one of the things that we provide is compensation data. So we issue a thing called the National Employment Report that informs the world as to what's happening in the U.S. economy in terms of workers. And then we have compensation data on top of that. So the thing that we've been able to do with Snowflake is to lower the time that it takes us to process that and get that information out into the fingertips of people. And so people can use it to see what's changed in terms of with the worker changes, how much people are making. And they can get it very, very quickly. And we're able to do that with Snowflake now. Used to take us weeks, now it's in a matter of moments we can get that updated information out to people. >> Interesting. It helps with the talent war and- >> Helps in the talent war, helps people adjust, even where they're going to put supply chain in reaction to where people are migrating. We can have all of that inside of the Snowflake system and available almost instantaneously. >> You guys announced the Financial Data Cloud last year. What was that like? 'Cause I know we had Frank on early, he clearly was driving the verticalization of Snowflake if you will, which is kind of rare for a relatively new software company but what's that been like? Give us the update on where you're at and biggest vertical, right? >> Absolutely, it's been an exciting 12 months. We're a platform, but the journey and the vision is more. We're trying to bring together a fragmented ecosystem across financial services. The aim is really to bring together key customers, key data providers, key solution providers all across the different Clouds that exist to allow them to collaborate with data in a seamless way. To solve industry problems. To solve industry problems like ESG, to solve industry problems like quantitative research. And we're seeing a massive groundswell of customers coming to Snowflake, looking at the Financial Services Data Cloud now to actually solve business problems, business critical problems. That's really driving a lot of change in terms of how they operate, in terms of how they win customers, mitigate risk and so forth. >> Jack, I think, I feel like the only industry that's sometimes more complicated than security, is data. Maybe not, security's still maybe more fragmented- >> Well really the intersection of the two is a nightmare. >> And so as you look out on this ecosystem, how do you as the chief data officer, how do you and your organization, what process do you use to decide, okay, which of the, like a chef, which of these ingredients am I going to put together for my business. >> It's a great question, right? There's been explosion of companies. We kind of look at it in two ways. One is we want to make sure that the software and the data can interoperate because we don't want to be in the business of writing bridge code. So first thing is, is having the ecosystem so that the things are tested and can work together. The other area is, and it's important to us is understanding the risk profile of that company. We process about 20% of the U.S. payroll, another 25% of the taxes. And so there's a risk to us that we have an imperative to protect. So we're looking at those companies are they financed, what's their management team. What's the sales experience like, that's important to us. And so technology and the experience of the company coming together are super important to us. >> What's your purview as a chief data officer, I mean, a lot of CDOs that I know came out of the back office and it was a compliance or data quality. You come out of industry from a technology company. So you're sort of the modern... You're like the modern CDO. >> Thanks. Thanks. >> Dave: What's your role? >> I appreciate that. >> You know what I'm saying though? >> And for a while it was like, oh yeah, compliance. >> So I actually- >> And then all of a sudden, boom, big deal. >> Yeah, I really have two jobs. So I have that job with data governance but a lot of data security. But I also have a product development unit, a massive business in monetization of data or people analytics or these compensation benchmarks or helping people get mortgages. So providing that information, so that people can get their mortgage, or their bank loans, or all this other type of transactional data. *So it's both sides of that equation is my reading inside. >> You're responsible for building data products? >> That's right. >> Directly. >> That's right. I've got a massive team that builds data products. >> Okay. That's somewhat unique in your... >> I think it's where CDOs need to be. So we build data products. We build, and we assist as a hub to allow other business units to build analytics that help them either optimize their cost or increase their sales. And then we help with all that governance and communication, we don't want to divide it up. There's a continuum to it. >> And you're a peer of the CIO and the CISO? >> Yeah, exactly. They're my peers. I actually talk to them almost every day. So I've got the CIO as a peer. >> It's a team. >> I've got the security as a peer and we get things done together. >> Talk about the alignment with business. We've been talking a lot about alignment with the data folks, the business folks, the technical folks to identify the right solutions, to be able to govern data, to monetize it, to create data products. What does that... You mentioned a couple of your cohorts, but on the business side, who are some of those key folks? >> So we're like any other big, big organization. We have lots of different business units. So we work directly with either the operational team or the heads of those business units to divine analytic missions that they'll actually execute. And at the same time, we actually have a business unit that's all around data monetization. And so I work with them every single day. And so these business units will come together. I think the big thing for us is to define value and measure that value as we go. As long as we're measuring that value as we go, then we can continue to see improvements. And so, like I said, sometimes it's bottom line, sometimes it's top line, but we're involved. Data is actually a substrate of the company. It's not a side thing to the company. >> Yeah, you are. >> ADP. >> Yeah but if they say data first but you really are data first. >> Yeah. I mean, our CEO says- >> Data's your product. >> Data's our middle name. And it literally is. >> Well, so what do you do in the Snowflake financial services data Cloud? Are you monetizing? >> Yeah. >> What's the plan? >> Yeah, so we have clients. So part of our data monetization is actually providing aggregate and anonymized information that helps other clients make business decisions. So they'll take it into their analytics. So, supply chain optimization, where should we actually put the warehouses based on the population shifts? And so we're actually using the file distribution capabilities or the information distribution, no longer files, where we use Snowflake to actually be that data cloud for those clients. So the data just pops up for our other clients. >> I think the industry's existed a lot with the physical movement of data. When you physically move data, you also physically move the data management challenges. Where do you store it? How do you map it? How do you concord it? And ultimately data sharing is taking away that friction that exists. So it's easier to be able to make informed decisions with the data at hand across two counterparties. >> Yeah, and there's a benefit to us 'cause it lowers our friction. We can have a conversation and somebody can be... Obviously the contracts have to be signed, but once they get done, somebody's up and running on it within minutes. And where it used to be, as you were saying, the movement of data and loss of control, we never actually lose control of it. We know where it is. >> Or yeah, contracts signed, now you got to go through this long process of making sure everything's cool, or a lot of times it could slow down the sale. >> That's right. >> Let's see how that's going to... Let's do a little advanced work. Now you're working without a contract. Here, you can say, "Hey, we're in the Snowflake data cloud. It's governed, you're a part of the ecosystem." >> Yeah, and the ecosystem we announced, oh gee, I think it's probably almost a year and a half ago, a relationship with ICE, Intercontinental Exchange, where they're actually taking our information and their information and creating a new data product that they in turn sell. So you get this sort of combination. >> Absolutely. The ability to form partnerships and monetize data with your partners vastly increases as a consequence. >> Talk to us about the adoption of the financial services data cloud in the last what, maybe nine months or so, since it was announced? And also in terms of the its value proposition, how does the ADP use case articulate that? >> So, very much so. So in terms of momentum, we're a global organization, as you mentioned, we are verticalized. So we have increasingly more expertise and expertise experience now within financial services that allows us to really engage and accelerate our momentum with the top banks, with the biggest asset managers by AUM, insurance companies, sovereign wealth funds on Snowflake. And obviously those data providers and solution providers that we engage with. So the momentum's really there. We're really moving very, very fast in a great market because we've got great opportunity with the capabilities that we have. I mean, ADP is just one of many use cases that we're working with and collaborations that we're taking to market. So yeah, the opportunity to monetize data and help our partners monetize the data has vastly increased within this space. >> When you think about... Oh go ahead, please. >> Yeah I was just going to say, and from our perspective, as we were getting into this, Snowflake was with us on the journey. And that's been a big deal. >> So when you think about data privacy, governance, et cetera, and public policy, it seems like you have, obviously you got things going on in Europe, and you got California, you have other states, there's increasing in complexity. You guys probably love that. (Dave laughs) More data warehouses, but where are we at with that whole? >> It's a great question. Privacy is... We hold some of the most critical information about people because that's our job to help people get paid. And we respect that as sort of our prime agenda. Part of it deals with the technology. How do you monitor, how do you see, make sure that you comply with all these regulations, but a lot of it has to do with the basic ethics of why you're doing and what you're doing. So we have a data and AI ethics board that meets and reviews our use cases. Make sure not only are we doing things properly to the regulation, but are these the types of products, are these the types of opportunities that we as a company want to stand behind on behalf of the consumers? Our company's been around 75 years. We talk about ourselves as a national asset. We have a trust relationship. We want to ensure that that trust relationship is never violated. >> Are you in a position where you can influence public policy and create more standards or framework. >> We actually are, right. We issue something every month called the National Employment Report. It actually tells you what's happening in the U.S. economy. We also issue it in some overseas countries like France. Because of that, we work a lot with various groups. And we can help shape, either data policy, we're involved in understanding although we don't necessarily want to be out in the front, but we want to learn about what's happening with federal trade commission, EOC, because at the end of the day we serve people, I always joke ADP, it's my grandfather's ADP. Well, it was actually my grandfather's ADP. (Dave laughs) He was a small businessman, and he used a ADP all those years ago. So we want to be part of that conversation because we want to continue to earn that trust every day. >> Well, plus your observation space is pretty wide. >> And you've got context and perspective on that that you can bring. >> We move somewhere between two, two and a half trillion dollars a year through our systems. And so we understand what's happening in the economy. >> What are some of the, oh sorry. >> Can your National Employment Report combined with a little Snowflake magic tell us what the hell's going to happen with this economy? >> It's really interesting you say that. Yeah, we actually can. >> Okay. (panelists laugh) >> I think when you think about the amount of data that we are working with, the types of partners that we're working with, the opportunities are infinite. They really, really are. >> So it's either a magic eight ball or it's a crystal ball, but you have it. >> We think- >> We've just uncovered that here on theCUBE. >> We think we have great partners. We have great data. We have a set of industry problems out there that we're working, collaboration with the community to be able to solve. >> What are some of the upcoming use cases Rinesh, that excite you, that are coming up in financial services- >> Great question. >> That snowflake is just going to knock out of the park. >> So look, I think there's a set of here and now problems that the industry faces, ESG's a good one. If you think about ESG, it means many different things from business ethics, to diversity, to your carbon footprint and every asset manager has to make sure they have now some form of green strategy that reflects the values of their investors. And every bank is looking to put in place sustainable lending to help their corporate customers transition. That's a big data problem. And so we're very much at the center of helping those organizations support those informed investors and help those corporates transition to a more sustainable landscape. >> Let me give you an example on Snowflake, we launched capabilities about diversity benchmarks. The first time in the industry companies can understand for their industry, their size, their location what their diversity profile looks like and their org chart profile looks like to differentiate or at least to understand are they doing the right things inside the business. The ability for banks to understand that and everything else, it's a big deal. And that was built on Snowflake. >> I think it's massive, especially in the context of the question around regulation 'cause we're seeing more and more disclosure agreements come out where regulators are making sure that there's no greenwashing taking place. So when you have really strong sources of data that are standardized, that allow that investment process to ingest that data, it does allow for a better outcome for investors. >> Real data, I mean, that diversity example they don't have to rely on a survey. >> It's not a survey. >> Anecdotes. >> It's coming right out of the transactional systems and it's updated, whenever those paychecks are run, whether it's weekly, whether it's biweekly or monthly, all that information gets updated and it's available. >> So it sounds like ADP is a facilitator of a lot of companies ESG initiatives, at least in part? >> Well, we partner with companies all the time. We have over 900,000 clients and all of them are... We've never spoken to a client who's not concerned about their people. And that's just good business. And so, yeah we're involved in that and we'll see where it goes over time now. >> I think there's tremendous opportunity if you think about the data that the ADP have in terms of diversity, in terms of gender pay gap. Huge, huge opportunity to incorporate that, as I said into the ESG principles and criteria. >> Good, 'cause that definitely is what needs to be addressed. (Lisa laughs) Guys thank you so much for joining Dave and me on the program, talking about Snowflake ADP, what you're doing together, and the massive potential that you're helping unlock with the value of data. We appreciate your insights and your time. >> Thank you for having us. >> Dave: Thanks guys. >> Thank you so much. >> For our guests, and Dave Vellante, I'm Lisa Martin. You're watching theCUBE, live in Las Vegas at Snowflake Summit 22. Dave and I will be right back with our next guest. (upbeat music)
SUMMARY :
the Global Head of Financial in the last couple of years. inside of the financial services industry And of course we don't is, one of the things that we It helps with the talent war and- inside of the Snowflake system You guys announced the We're a platform, but the like the only industry Well really the intersection of the two And so as you look so that the things are I mean, a lot of CDOs that I know Thanks. And for a while it was And then all of a sudden, So I have that job with data governance that builds data products. That's somewhat unique in your... And then we help with all that governance So I've got the CIO I've got the security as a peer Talk about the alignment with business. and measure that value as we go. but you really are data first. I mean, our CEO says- And it literally is. So the data just pops up So it's easier to be able Obviously the contracts have to be signed, could slow down the sale. in the Snowflake data cloud. Yeah, and the ecosystem we announced, and monetize data with your partners and help our partners monetize the data When you think about... as we were getting into this, are we at with that whole? behalf of the consumers? where you can influence public policy the day we serve people, Well, plus your observation that you can bring. happening in the economy. It's really interesting you say that. Okay. about the amount of data or it's a crystal ball, but you have it. that here on theCUBE. We think we have great partners. going to knock out of the park. that the industry faces, ESG's a good one. And that was built on Snowflake. of the question around regulation they don't have to rely on a survey. the transactional systems companies all the time. about the data that the ADP and the massive potential Dave and I will be right
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Howard Levenson
>>AWS public sector summit here in person in Washington, D. C. For two days live. Finally a real event. I'm john for your host of the cube. Got a great guest Howard Levinson from data bricks, regional vice president and general manager of the federal team for data bricks. Uh Super unicorn. Is it a decade corn yet? It's uh, not yet public but welcome to the cube. >>I don't know what the next stage after unicorn is, but we're growing rapidly. >>Thank you. Our audience knows David bricks extremely well. Always been on the cube many times. Even back, we were covering them back when big data was big data. Now it's all data everything. So we watched your success. Congratulations. Thank you. Um, so there's no, you know, not a big bridge for us across to see you here at AWS public sector summit. Tell us what's going on inside the data bricks amazon relationship. >>Yeah. It's been a great relationship. You know, when the company got started some number of years ago we got a contract with the government to deliver the data brooks capability and they're classified cloud in amazon's classified cloud. So that was the start of a great federal relationship today. Virtually all of our businesses in AWS and we run in every single AWS environment from commercial cloud to Govcloud to secret top secret environments and we've got customers doing great things and experiencing great results from data bricks and amazon. >>The federal government's the classic, I call migration opportunity. Right? Because I mean, let's face it before the pandemic even five years ago, even 10 years ago. Glacier moving speed slow, slow and they had to get modernized with the pandemic forced really to do it. But you guys have already cleared the runway with your value problems. You've got lake house now you guys are really optimized for the cloud. >>Okay, hardcore. Yeah. We are, we only run in the cloud and we take advantage of every single go fast feature that amazon gives us. But you know john it's The Office of Management and Budget. Did a study a couple of years ago. I think there were 28,000 federal data centers, 28,000 federal data centers. Think about that for a minute and just think about like let's say in each one of those data centers you've got a handful of operational data stores of databases. The federal government is trying to take all of that data and make sense out of it. The first step to making sense out of it is bringing it all together, normalizing it. Fed aerating it and that's exactly what we do. And that's been a real win for our federal clients and it's been a real exciting opportunity to watch people succeed in that >>endeavour. We have another guest on. And she said those data center huggers tree huggers data center huggers, majority of term people won't let go. Yeah. So but they're slowly dying away and moving on to the cloud. So migrations huge. How are you guys migrating with your customers? Give us an example of how it's working. What are some of the use cases? >>So before I do that I want to tell you a quick story. I've I had the luxury of working with the Air Force Chief data officer Ailene vedrine and she is commonly quoted as saying just remember as as airmen it's not your data it's the Air Force's data. So people were data center huggers now their data huggers but all of that data belongs to the government at the end of the day. So how do we help in that? Well think about all this data sitting in all these operational data stores they're getting it's getting updated all the time. But you want to be able to Federated this data together and make some sense out of it. So for like an organization like uh us citizenship and immigration services they had I think 28 different data sources and they want to be able to pull that data basically in real time and bring it into a data lake. Well that means doing a change data capture off of those operational data stores transforming that data and normalizing it so that you can then enjoy it. And we've done that I think they're now up to 70 data sources that are continually ingested into their data lake. And from there they support thousands of users doing analysis and reports for the whole visa processing system for the United States, the whole naturalization environment And their efficiency has gone up I think by their metrics by 24 x. >>Yeah. I mean Sandy carter was just on the cube earlier. She's the Vice president partner ecosystem here at public sector. And I was coming to her that federal game has changed, it used to be hard to get into you know everybody and you navigate the trip wires and all the subtle hints and and the people who are friends and it was like cloak and dagger and so people were locked in on certain things databases and data because now has to be freely available. I know one of the things that you guys are passionate about and this is kind of hard core architectural thing is that you need horizontally scalable data to really make a I work right. Machine learning works when you have data. How far along are these guys in their thinking when you have a customer because we're seeing progress? How far along are we? >>Yeah, we still have a long way to go in the federal government. I mean, I tell everybody, I think the federal government's probably four or five years behind what data bricks top uh clients are doing. But there are clearly people in the federal government that have really ramped it up and are on a par were even exceeding some of the commercial clients, U. S. C. I. S CBP FBI or some of the clients that we work with that are pretty far ahead and I'll say I mentioned a lot about the operational data stores but there's all kinds of data that's coming in at U S. C. I. S. They do these naturalization interviews, those are captured in real text. So now you want to do natural language processing against them, make sure these interviews are of the highest quality control, We want to be able to predict which people are going to show up for interviews based on their geospatial location and the day of the week and other factors the weather perhaps. So they're using all of these data types uh imagery text and structure data all in the Lake House concept to make predictions about how they should run their >>business. So that's a really good point. I was talking with keith brooks earlier directive is development, go to market strategy for AWS public sector. He's been there from the beginning this the 10th year of Govcloud. Right, so we're kind of riffing but the jpl Nasa Jpl, they did production workloads out of the gate. Yeah. Full mission. So now fast forward today. Cloud Native really is available. So like how do you see the the agencies in the government handling Okay. Re platform and I get that but now to do the reef acting where you guys have the Lake House new things can happen with cloud Native technologies, what's the what's the what's the cross over point for that point. >>Yeah, I think our Lake House architecture is really a big breakthrough architecture. It used to be, people would take all of this data, they put it in a Hadoop data lake, they'd end up with a data swamp with really not good control or good data quality. And uh then they would take the data from the data swamp where the data lake and they curate it and go through an E. T. L. Process and put a second copy into their data warehouse. So now you have two copies of the data to governance models. Maybe two versions of the data. A lot to manage. A lot to control with our Lake House architecture. You can put all of that data in the data lake it with our delta format. It comes in a curated way. Uh there's a catalogue associated with the data. So you know what you've got. And now you can literally build an ephemeral data warehouse directly on top of that data and it exists only for the period of time that uh people need it. And so it's cloud Native. It's elastically scalable. It terminates when nobody's using it. We run the whole center for Medicaid Medicare services. The whole Medicaid repository for the United States runs in an ephemeral data warehouse built on Amazon S three. >>You know, that is a huge call out, I want to just unpack that for a second. What you just said to me puts the exclamation point on cloud value because it's not your grandfather's data warehouse, it's like okay we do data warehouse capability but we're using higher level cloud services, whether it's governance stuff for a I to actually make it work at scale for those environments. I mean that that to me is re factoring that's not re platform Ng. Just re platform that's re platform Ng in the cloud and then re factoring capability for on uh new >>advantages. It's really true. And now you know at CMS, they have one copy of the data so they do all of their reporting, they've got a lot of congressional reports that they need to do. But now they're leveraging that same data, not making a copy of it for uh the center for program integrity for fraud. And we know how many billions of dollars worth of fraud exist in the Medicaid system. And now we're applying artificial intelligence and machine learning on entity analytics to really get to the root of those problems. It's a game >>changer. And this is where the efficiency comes in at scale. Because you start to see, I mean we always talk on the cube about like how software is changed the old days you put on the shelf shelf where they called it. Uh that's our generation. And now you got the cloud, you didn't know if something is hot or not until the inventory is like we didn't sell through in the cloud. If you're not performing, you suck basically. So it's not working, >>it's an instant Mhm. >>Report card. So now when you go to the cloud, you think the data lake and uh the lake house what you guys do uh and others like snowflake and were optimized in the cloud, you can't deny it. And then when you compare it to like, okay, so I'm saving you millions and millions if you're just on one thing, never mind the top line opportunities. >>So so john you know, years ago people didn't believe the cloud was going to be what it is. Like pretty much today, the clouds inevitable. It's everywhere. I'm gonna make you another prediction. Um And you can say you heard it here first, the data warehouse is going away. The Lake house is clearly going to replace it. There's no need anymore for two separate copies, there's no need for a proprietary uh storage copy of your data and people want to be able to apply more than sequel to the data. Uh Data warehouses, just restrict. What about an ocean house? >>Yeah. Lake is kind of small. When you think about this lake, Michigan is pretty big now, I think it's I >>think it's going to go bigger than that. I think we're talking about Sky Computer, we've been a cloud computing, we're going to uh and we're going to do that because people aren't gonna put all of their data in one place, they're going to have, it spread across different amazon regions or or or amazon availability zones and you're going to want to share data and you know, we just introduced this delta sharing capability. I don't know if you're familiar with it but it allows you to share data without a sharing server directly from picking up basically the amazon, you RLS and sharing them with different organizations. So you're sharing in place. The data actually isn't moving. You've got great governance and great granularity of the data that you choose to share and data sharing is going to be the next uh >>next break. You know, I really loved the Lake House were fairly sing gateway. I totally see that. So I totally would align with that and say I bet with you on that one. The Sky net Skynet, the Sky computing. >>See you're taking it away man, >>I know Skynet got anything that was computing in the Sky is Skynet that's terminated So but that's real. I mean I think that's a concept where it's like, you know what services and functions does for servers, you don't have a data, >>you've got to be able to connect data, nobody lives in an island. You've got to be able to connect data and more data. We all know more data produces better results. So how do you get more data? You connect to more data sources, >>Howard great to have you on talk about the relationship real quick as we end up here with amazon, What are you guys doing together? How's the partnership? >>Yeah, I mean the partnership with amazon is amazing. We have, we work uh, I think probably 95% of our federal business is running in amazon's cloud today. As I mentioned, john we run across uh, AWS commercial AWS GovCloud secret environment. See to us and you know, we have better integration with amazon services than I'll say some of the amazon services if people want to integrate with glue or kinesis or Sagemaker, a red shift, we have complete integration with all of those and that's really, it's not just a partnership at the sales level. It's a partnership and integration at the engineering level. >>Well, I think I'm really impressed with you guys as a company. I think you're an example of the kind of business model that people might have been afraid of which is being in the cloud, you can have a moat, you have competitive advantage, you can build intellectual property >>and, and john don't forget, it's all based on open source, open data, like almost everything that we've done. We've made available to people, we get 30 million downloads of the data bricks technology just for people that want to use it for free. So no vendor lock in. I think that's really important to most of our federal clients into everybody. >>I've always said competitive advantage scale and choice. Right. That's a data bricks. Howard? Thanks for coming on the key, appreciate it. Thanks again. Alright. Cube coverage here in Washington from face to face physical event were on the ground. Of course, we're also streaming a digital for the hybrid event. This is the cubes coverage of a W. S. Public sector Summit will be right back after this short break.
SUMMARY :
to the cube. Um, so there's no, you know, So that was the start of a great federal relationship But you guys have already cleared the runway with your value problems. But you know john it's The How are you guys migrating with your customers? So before I do that I want to tell you a quick story. I know one of the things that you guys are passionate So now you want to do natural language processing against them, make sure these interviews are of the highest quality So like how do you see the So now you have two copies of the data to governance models. I mean that that to me is re factoring that's not re platform And now you know at CMS, they have one copy of the data talk on the cube about like how software is changed the old days you put on the shelf shelf where they called So now when you go to the cloud, you think the data lake and uh the lake So so john you know, years ago people didn't believe the cloud When you think about this lake, Michigan is pretty big now, I think it's I of the data that you choose to share and data sharing is going to be the next uh So I totally would align with that and say I bet with you on that one. I mean I think that's a concept where it's like, you know what services So how do you get more See to us and you know, we have better integration with amazon services Well, I think I'm really impressed with you guys as a company. I think that's really important to most of our federal clients into everybody. Thanks for coming on the key, appreciate it.
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ThoughtSpot Keynote
>>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 Volante. 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 cohosts from ThoughtSpot first chief data strategy officer, the ThoughtSpot is Cindy Hausen. Cindy 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. Cindy 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. Cindy. Great to see you welcome to the show. Thank you, Dave. Nice to join you virtually. Now our second cohost and friend of the cube is ThoughtSpot CEO, sedition air. Hello. Sudheesh how are you doing today? I am validating. It's good to talk to you again. That's great to see you. Thanks so much for being here now Sateesh 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. >>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. Um, look, since we have all been, you know, cooped up in our homes, I know that the vendors like us, we have amped up know 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, has we planned through this? You know, we are living through these difficult times. You want an event to be this event, to be more of an uplifting and inspiring event. Now, the challenge is how do you do that with the team being change agents? Because teens can, as much as we romanticize it, it is not one of those uplifting things that everyone wants to do, or like through the VA. 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, uh, 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, 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've may feel that I'm, 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 necessarily the group of people that we are brought in. The four people, including Cindy, 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. >>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 does 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, nice 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. None of this. Oh, well, I didn't invent that. I'm not going to look at that. There's still proud of that ownership, but it's collaborating to get to a better place faster. And people feel empowered to present new ideas, 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 double monetized, not just for people, how are users or analysts, but really at the of impact what we like to call the new decision makers or really the front line 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 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 use 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 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 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 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 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, 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 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. >>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 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 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 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 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 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 thought leaders. And next I'm pleased to introduce our first change agent, Tom Masa, Pharaoh, 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. >>Very happy to be here and, uh, looking forward to, uh, to talking to all of you today. So as we look to move organizations to a data-driven, uh, capability into the future, there is a lot that needs to be done on the data side, but also how did it connect and enable different business teams and technology teams into the future. As we look across, uh, 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, 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 being, you gone to Yahoo and you search for what you want search to find an answer ThoughtSpot for us, it's 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 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 Elequil 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 the portion of us though, is culture. So how do we engage with the business teams and bring the, the, the it teams together to really hit the drive, these holistic end to end solution, the 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 maybe 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, as upon products, solutions or partnerships into the future. These are really some of the keys that, uh, that become crucial as you move forward, right, uh, into this, uh, 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. And these, 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, uh, 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, and that change has 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 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 and to support your business there's important, your employees, your operations teams, and so forth, and really creating that full integration in that ecosystem is really when he talked to get large dividends from his investments into the future. But that being said, uh, I hope you enjoyed the segment on how to become and how to drive a data driven organization. And I'm 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 this rusted. And how long have you been at Western union? >>Uh, well in nine months. So just, uh, just started this year, but, uh, there'd be some great opportunities and great changes and we were 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, Schneider electric, but even going back to Sam's clubs. Gustavo. Welcome. >>So hi everyone. My name is Gustavo Canton and thank you so much, Cindy, for the intro, as you mentioned, doing transformations is a high effort, high reward situation. I have empowerment transformations and I have less 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, 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 is great to be, you know, stay in tune and have the skillset and the Koresh. But for me personally, to be honest, to have this courage is not about Nadina 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 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, eh, 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 Cindy has mentioned, these topic about culture is sexually gaining, gaining more and more traction. And in 2018, there was a story from HBR and he wants 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 in set us state, eh, deadline to say, Hey, in two years, we're going to make this happen. Why do we need to do, to empower and enable this change 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 examples of some of the roadblocks that I went through. As I think the transformations most recently, as Cindy 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 having successful while 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, 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 the example that I have with ThoughtSpot, right? >>We went on implementation and a lot of the way the it team function. So the leaders look at technology, they look at it from the prison of the prior auth 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 this 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, with COVID a lot of pressuring 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 some 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 your talent, 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 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 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 your organization. >>Maturity is 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 attack 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 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 a hundred 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 hundred dollars. >>But now let's say you have 80% perfect data and 20% flow data by using this assumption that Florida is 10 times as costly as perfect data. Your total costs now becomes $280 as opposed to a hundred dollars. This just for you to really think about as a CIO CTO, CSRO CEO, are we really paying attention and really close in the gaps that we have on our data infrastructure. If we don't do that, it's hard sometimes to see this 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 various, right. I think the key is I am in analytics. I know statistics obviously, and, and, 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 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 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 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 where 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 Tablo to other tools like, you know, you need to really explain them. >>What is the difference in how these two 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 Cindy's point. I 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 the station. Like I said, it's been years for us to kind of lay the foundation, get the leadership in shape the culture so people can understand why you truly need to invest, but I meant analytics. >>And so what I'm showing here is an example of how do we use basically to capture in 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, our safe user experience and adoption. So for our safe or a mission 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 teams and the users in HR safety and other areas that might be, eh, basically stakeholders in this whole process. >>So just to summarize this kind of effort takes a lot of energy. You hire a change agent, you need to have the 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 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 says to say, thank you for everybody who has believed, obviously in our vision, everybody wants to believe in, you know, the word that we were trying to do and to make the life for, you know, workforce or customers that 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. We, the accomplishments of this transformation, and I just, 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, where we, 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 bodies, well worth it. And with that said, I hope you are well. And it's been a pleasure talking to you. Take care. Thank you, Gustavo. That was amazing. All right, let's go to the panel. >>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, 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. We'll COVID is broken everything. And it's great to hear from our experts, you know, how to move forward. So let's get right into, so Gustavo, let's start with you. If, if I'm an aspiring change agent and let's say I'm a, 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 try to do is I try to go into areas, different certain transformations that make me, you know, stretch and develop as a leader. That's what I'm looking to do. So I can help to inform the functions organizations and do the change management decision of mindset as required for these kinds of efforts. A thank you for that, that is inspiring. And, and Sydney, you love data. And the data's pretty clear that diversity is a good business, but I wonder if you can add your perspective 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 in 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 in a digital business over the last 12 months, really, uh, even in celebration, right? Once, once COBIT hit, uh, we really saw that, uh, that, uh, in the 200 countries and territories that we operate in today and service our customers. And today that, uh, been a huge need, right? To send money, to support family, to support, uh, friends and loved ones across the world. And as part of that, uh, we, you know, we we're, we are, uh, very, uh, honored to get to support those customers that we across all the centers today. But as part of that acceleration, 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, uh, we, we did do some, uh, some the pivots and we did, uh, a solo rate, some of our plans on digital to help support that overall growth coming in there 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, those that we love and those that we care about and doing that it's one of those ways is actually by sending money to them, support them financially. And that's where, uh, really our part that our services come into play that, you know, we really support those families. So it was really a, a, a, a, 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, you were pushing the envelope too much in, in doing things with, with data or the technology that was just maybe too bold, maybe you felt like at some point it was, 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 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, the varying 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 it's information. That's the way, how, how about Utah? We were talking earlier was sedation Cindy, about that bungee jumping moment. What can you share? Yeah. You know, I think you hit upon, uh, 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. This is that you need to be, need to feel comfortable being uncomfortable. I mean, that we have to be able to basically, uh, scale, right, expand and support that 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 what, uh, how you're operating today and your current business model, right. Things are only going to get faster. So you have to plan into align and to drive the actual transformation so that you can scale even faster in the future. So as part of that is 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? Yeah, we're definitely out of our comfort zones, but we're getting comfortable with it. So, Cindy, 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, um, Dave, to answer your question, I would say the one bit of advice, maybe I was a little more, um, 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 to respond and pivot faster. So if you really want to survive as, as 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's the dish gonna go on to junk >>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 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 are driving true enterprise wide digital transformation, not just as I said before, lip service is 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, tremendous results. 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 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. So these please bring us home. Thank you. Thank you, Dave. Thank you. The cube team, and thanks. 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 make the positive change that you want to see happen when 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, 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 are we start with talking about the importance of building consensus, not going at things all alone, sometimes building the importance of building the Koran. 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 sold 200 companies, 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 topspot.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 stock. And the last thing is these go to topspot.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've been up to since last year, we, 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 or engineers. All of those things will be available for you at hotspot beyond. Thank you. Thank you so much.
SUMMARY :
It's time to lead the way it's of speakers and our goal is to provide you with some best practices that you can bring back It's good to talk to you again. And our first one that when you finish this and walk away, we want to make sure that you don't feel like it Now, the challenge is how do you do that with the team being change agents? are afraid to challenge the status quo because they are thinking that, you know, maybe I don't have the power or how small the company is, you may need to bring some external stimuli to start 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, but really at the of impact what we like to call the So the first generation BI and analytics platforms were deployed but you have to look at the BI and analytics tier in lockstep with your So you have these different components, And if you read any of my books or used And let's take an example of where you can have great data, And even though the us federal government said, well, you can't turn them off. agent, identify the relevance, or I like to call it with them and organize or eighties for the teachers, teachers, you ask them about data. forward to seeing how you foster that culture. Very happy to be here and, uh, looking forward to, uh, to talking to all of you today. You go on to google.com or you go on to being, you gone to Yahoo and you search for what you want the capabilities to really support the actual business into the future. If you can really start to provide answers part of that, you need to make sure you have the right underlying foundation ecosystems and solutions And I'm looking forward to talking to you again soon. Now I'm going to have to brag on you for a second as to support those customers going forward. And now I'm excited to it's really hard to predict the future, but if you have a North star and you know where you're going, So I think the answer to that is you have to what are the right thing to do and you have to push through it. And what they show is that if you look at the four main barriers that are basically keeping the second area, and this is specifically to implementation of AI is very And the solution that most leaders I see are taking is to just minimize costs is going to offset all those hidden costs and inefficiencies that you have on your system, it's going to cost you a dollar. But as you can tell, the price tag goes up very, very quickly. how to bring in the right leaders, because you need to focus on the leaders that you're going to make I think if you can actually have And I will show you some of the findings that we had in the pilot in the last two months. legal communications, obviously the operations teams and the users in HR And that gave me the confidence to know that the work has And with that said, I hope you are well. And of course the data, as you rightly pointed out, Tom, the pandemic I can do this for 50 years plus, but I think you need to understand wellbeing other areas don't care what type of minority you are finding your voice, And as part of that, uh, we, you know, we we're, we are, uh, very, that experience and how you got through it? Hey, the CEO is making a one two year, you know, right now, the pace of change will be the slowest pace that you see for the rest of your career. and to drive the actual transformation so that you can scale even faster in the future. I do think you have to do that with empathy, as Michelle said, and Gustavo, right, the right culture is going to deliver tournament, tremendous results. And that means making it accessible to the people in your organization that are empowered to make decisions, that you have to make the positive change that you want to see happen when you wait for someone else to do it, And the last thing is these go to topspot.com/beyond our
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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.
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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Eileen Vidrine, US Air Force | MIT CDOIQ 2020
>> Announcer: From around the globe, it's theCube with digital coverage of MIT, Chief Data Officer and Information Quality Symposium brought to you by Silicon Angle Media. >> Hi, I'm Stu Miniman and this is the seventh year of theCubes coverage of the MIT, Chief Data Officer and Information Quality Symposium. We love getting to talk to these chief data officers and the people in this ecosystem, the importance of data, driving data-driven cultures, and really happy to welcome to the program, first time guests Eileen Vitrine, Eileen is the Chief Data Officer for the United States Air Force, Eileen, thank you so much for joining us. >> Thank you Stu really excited about being here today. >> All right, so the United States Air Force, I believe had it first CDO office in 2017, you were put in the CDO role in June of 2018. If you could, bring us back, give us how that was formed inside the Air force and how you came to be in that role. >> Well, Stu I like to say that we are a startup organization and a really mature organization, so it's really about culture change and it began by bringing a group of amazing citizen airman reservists back to the Air Force to bring their skills from industry and bring them into the Air Force. So, I like to say that we're a total force because we have active and reservists working with civilians on a daily basis and one of the first things we did in June was we stood up a data lab, that's based in the Jones building on Andrews Air Force Base. And there, we actually take small use cases that have enterprise focus, and we really try to dig deep to try to drive data insights, to inform senior leaders across the department on really important, what I would call enterprise focused challenges, it's pretty exciting. >> Yeah, it's been fascinating when we've dug into this ecosystem, of course while the data itself is very sensitive and I'm sure for the Air Force, there are some very highest level of security, the practices that are done as to how to leverage data, the line between public and private blurs, because you have people that have come from industry that go into government and people that are from government that have leveraged their experiences there. So, if you could give us a little bit of your background and what it is that your charter has been and what you're looking to build out, as you mentioned that culture of change. >> Well, I like to say I began my data leadership journey as an active duty soldier in the army, and I was originally a transportation officer, today we would use the title condition based maintenance, but back then, it was really about running the numbers so that I could optimize my truck fleet on the road each and every day, so that my soldiers were driving safely. Data has always been part of my leadership journey and so I like to say that one of our challenges is really to make sure that data is part of every airmans core DNA, so that they're using the right data at the right level to drive insights, whether it's tactical, operational or strategic. And so it's really about empowering each and every airman, which I think is pretty exciting. >> There's so many pieces of that data, you talk about data quality, there's obviously the data life cycle. I know your presentation that you're given here at the CDO, IQ talks about the data platform that your team has built, could you explain that? What are the key tenants and what maybe differentiates it from what other organizations might have done? >> So, when we first took the challenge to build our data lab, we really wanted to really come up. Our goal was to have a cross domain solution where we could solve data problems at the appropriate classification level. And so we built the VAULT data platform, VAULT stands for visible, accessible, understandable, linked, and trustworthy. And if you look at the DOD data strategy, they will also add the tenants of interoperability and secure. So, the first steps that we have really focused on is making data visible and accessible to airmen, to empower them, to drive insights from available data to solve their problems. So, it's really about that data empowerment, we like to use the hashtag built by airmen because it's really about each and every airman being part of the solution. And I think it's really an exciting time to be in the Air Force because any airman can solve a really hard challenge and it can very quickly wrap it up rapidly, escalate up with great velocity to senior leadership, to be an enterprise solution. >> Is there some basic training that goes on from a data standpoint? For any of those that have lived in data, oftentimes you can get lost in numbers, you have to have context, you need to understand how do I separate good from bad data, or when is data still valid? So, how does someone in the Air Force get some of that beta data competency? >> Well, we have taken a multitenant approach because each and every airman has different needs. So, we have quite a few pathfinders across the Air Force today, to help what I call, upscale our total force. And so I developed a partnership with the Air Force Institute of Technology and they now have a online graduate level data science certificate program. So, individuals studying at AFIT or remotely have the opportunity to really focus on building up their data touchpoints. Just recently, we have been working on a pathfinder to allow our data officers to get their ICCP Federal Data Sector Governance Certificate Program. So, we've been running what I would call short boot camps to prep data officers to be ready for that. And I think the one that I'm most excited about is that this year, this fall, new cadets at the U.S Air Force Academy will be able to have an undergraduate degree in data science and so it's not about a one prong approach, it's about having short courses as well as academe solutions to up skill our total force moving forward. >> Well, information absolutely is such an important differentiator(laughs) in general business and absolutely the military aspects are there. You mentioned the DOD talks about interoperability in their platform, can you speak a little bit to how you make sure that data is secure? Yet, I'm sure there's opportunities for other organizations, for there to be collaboration between them. >> Well, I like to say, that we don't fight alone. So, I work on a daily basis with my peers, Tom Cecila at the Department of Navy and Greg Garcia at the Department of Army, as well as Mr. David Berg in the DOD level. It's really important that we have an integrated approach moving forward and in the DOD we partner with our security experts, so it's not about us doing security individually, it's really about, in the Air Force we use a term called digital air force, and it's about optimizing and building a trusted partnership with our CIO colleagues, as well as our chief management colleagues because it's really about that trusted partnership to make sure that we're working collaboratively across the enterprise and whatever we do in the department, we also have to reach across our services so that we're all working together. >> Eileen, I'm curious if there's been much impact from the global pandemic. When I talk to enterprise companies, that they had to rapidly make sure that while they needed to protect data, when it was in their four walls and maybe for VPN, now everyone is accessing data, much more work from home and the like. I have to imagine some of those security measures you've already taken, but have there anything along those lines or anything else that this shift in where people are, and a little bit more dispersed has impacted your work? >> Well, the story that I like to say is, that this has given us velocity. So, prior to COVID, we built our VAULT data platform as a multitenancy platform that is also cross-domain solution, so it allows people to develop and do their problem solving in an appropriate classification level. And it allows us to connect or pushup if we need to into higher classification levels. The other thing that it has helped us really work smart because we do as much as we can in that unclassified environment and then using our cloud based solution in our gateways, it allows us to bring people in at a very scheduled component so that we maximize, or we optimize their time on site. And so I really think that it's really given us great velocity because it has really allowed people to work on the right problem set, on the right class of patient level at a specific time. And plus the other pieces, we look at what we're doing is that the problem set that we've had has really allowed people to become more data focused. I think that it's personal for folks moving forward, so it has increased understanding in terms of the need for data insights, as we move forward to drive decision making. It's not that data makes the decision, but it's using the insight to make the decision. >> And one of the interesting conversations we've been having about how to get to those data insights is the use of things like machine learning, artificial intelligence, anything you can share about, how you're looking at that journey, where you are along that discovery. >> Well, I love to say that in order to do AI and machine learning, you have to have great volumes of high quality data. And so really step one was visible, accessible data, but we in the Department of the Air Force stood up an accelerator at MIT. And so we have a group of amazing airmen that are actually working with MIT on a daily basis to solve some of those, what I would call opportunities for us to move forward. My office collaborates with them on a consistent basis, because they're doing additional use cases in that academic environment, which I'm pretty excited about because I think it gives us access to some of the smartest minds. >> All right, Eileen also I understand it's your first year doing the event. Unfortunately, we don't get, all come together in Cambridge, walking those hallways and being able to listen to some of those conversations and follow up is something we've very much enjoyed over the years. What excites you about being interact with your peers and participating in the event this year? >> Well, I really think it's about helping each other leverage the amazing lessons learned. I think that if we look collaboratively, both across industry and in the federal sector, there have been amazing lessons learned and it gives us a great forum for us to really share and leverage those lessons learned as we move forward so that we're not hitting the reboot button, but we actually are starting faster. So, it comes back to the velocity component, it all helps us go faster and at a higher quality level and I think that's really exciting. >> So, final question I have for you, we've talked for years about digital transformation, we've really said that having that data strategy and that culture of leveraging data is one of the most critical pieces of having gone through that transformation. For people that are maybe early on their journey, any advice that you'd give them, having worked through a couple of years of this and the experience you've had with your peers. >> I think that the first thing is that you have to really start with a blank slate and really look at the art of the possible. Don't think about what you've always done, think about where you want to go because there are many different paths to get there. And if you look at what the target goal is, it's really about making sure that you do that backward tracking to get to that goal. And the other piece that I tell my colleagues is celebrate the wins. My team of airmen, they are amazing, it's an honor to serve them and the reality is that they are doing great things and sometimes you want more. And it's really important to celebrate the victories because it's a very long journey and we keep moving the goalposts because we're always striving for excellence. >> Absolutely, it is always a journey that we're on, it's not about the destination. Eileen, thank you so much for sharing all that you've learned and glad you could participate. >> Thank you, STU, I appreciate being included today. Have a great day. >> Thanks and thank you for watching theCube. I'm Stu Miniman stay tuned for more from the MIT, CDO IQ event. (lively upbeat music)
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brought to you by Silicon Angle Media. and the people in this ecosystem, Thank you Stu really All right, so the of the first things we did sure for the Air Force, at the right level to drive at the CDO, IQ talks to build our data lab, we have the opportunity to and absolutely the It's really important that we that they had to rapidly make Well, the story that I like to say is, And one of the interesting that in order to do AI and participating in the event this year? in the federal sector, is one of the most critical and really look at the art it's not about the destination. Have a great day. from the MIT, CDO IQ event.
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Doug Laney, Caserta | MIT CDOIQ 2020
>> Announcer: From around the globe, it's theCUBE with digital coverage of MIT Chief Data Officer and Information Quality symposium brought to you by SiliconANGLE Media. >> Hi everybody. This is Dave Vellante and welcome back to theCUBE's coverage of the MIT CDOIQ 2020 event. Of course, it's gone virtual. We wish we were all together in Cambridge. They were going to move into a new building this year for years they've done this event at the Tang Center, moving into a new facility, but unfortunately going to have to wait at least a year, we'll see, But we've got a great guest. Nonetheless, Doug Laney is here. He's a Business Value Strategist, the bestselling author, an analyst, consultant then a long time CUBE friend. Doug, great to see you again. Thanks so much for coming on. >> Dave, great to be with you again as well. So can I ask you? You have been an advocate for obviously measuring the value of data, the CDO role. I don't take this the wrong way, but I feel like the last 150 days have done more to accelerate people's attention on the importance of data and the value of data than all the great work that you've done. What do you think? (laughing) >> It's always great when organizations, actually take advantage of some of these concepts of data value. You may be speaking specifically about the situation with United Airlines and American Airlines, where they have basically collateralized their customer loyalty data, their customer loyalty programs to the tunes of several billion dollars each. And one of the things that's very interesting about that is that the third party valuations of their customer loyalty data, resulted in numbers that were larger than the companies themselves. So basically the value of their data, which is as we've discussed previously off balance sheet is more valuable than the market cap of those companies themselves, which is just incredibly fascinating. >> Well, and of course, all you have to do is look to the Trillionaire's Club. And now of course, Apple pushing two trillion to really see the value that the market places on data. But the other thing is of course, COVID, everybody talks about the COVID acceleration. How have you seen it impact the awareness of the importance of data, whether it applies to business resiliency or even new monetization models? If you're not digital, you can't do business. And digital is all about data. >> I think the major challenge that most organizations are seeing from a data and analytics perspective due to COVID is that their traditional trend based forecast models are broken. If you're a company that's only forecasting based on your own historical data and not taking into consideration, or even identifying what are the leading indicators of your business, then COVID and the economic shutdown have entirely broken those models. So it's raised the awareness of companies to say, "Hey, how can we predict our business now? We can't do it based on our own historical data. We need to look externally at what are those external, maybe global indicators or other kinds of markets that proceed our own forecasts or our own activity." And so the conversion from trend based forecast models to what we call driver based forecast models, isn't easy for a lot of organizations to do. And one of the more difficult parts is identifying what are those external data factors from suppliers, from customers, from partners, from competitors, from complimentary products and services that are leading indicators of your business. And then recasting those models and executing on them. >> And that's a great point. If you think about COVID and how it's changed things, everything's changed, right? The ideal customer profile has changed, your value proposition to those customers has completely changed. You got to rethink that. And of course, it's very hard to predict even when this thing eventually comes back, some kind of hybrid mode, you used to be selling to people in an office environment. That's obviously changed. There's a lot that's permanent there. And data is potentially at least the forward indicator, the canary in the coal mine. >> Right. It also is the product and service. So not only can it help you and improve your forecasting models, but it can become a product or service that you're offering. Look at us right now, we would generally be face to face and person to person, but we're using video technology to transfer this content. And then one of the things that I... It took me awhile to realize, but a couple of months after the COVID shutdown, it occurred to me that even as a consulting organization, Caserta focuses on North America. But the reality is that every consultancy is now a global consultancy because we're all doing business remotely. There are no particular or real strong localization issues for doing consulting today. >> So we talked a lot over the years about the role of the CDO, how it's evolved, how it's changed the course of the early... The pre-title days it was coming out of a data quality world. And it's still vital. Of course, as we heard today from the Keynote, it's much more public, much more exposed, different public data sources, but the role has certainly evolved initially into regulated industries like financial, healthcare and government, but now, many, many more organizations have a CDO. My understanding is that you're giving a talk in the business case for the CDO. Help us understand that. >> Yeah. So one of the things that we've been doing here for the last couple of years is a running an ongoing study of how organizations are impacted by the role of the CDO. And really it's more of a correlation and looking at what are some of the qualities of organizations that have a CDO or don't have a CDO. So some of the things we found is that organizations with a CDO nearly twice as often, mention the importance of data and analytics in their annual report organizations with a C level CDO, meaning a true executive are four times more often likely to be using data, to transform the business. And when we're talking about using data and advanced analytics, we found that organizations with a CIO, not a CDO responsible for their data assets are only half as likely to be doing advanced analytics in any way. So there are a number of interesting things that we found about companies that have a CDO and how they operate a bit differently. >> I want to ask you about that. You mentioned the CIO and we're increasingly seeing lines of reporting and peer reporting alter shift. The sands are shifting a little bit. In the early days the CDO and still predominantly I think is an independent organization. We've seen a few cases and increasingly number where they're reporting into the CIO, we've seen the same thing by the way with the chief Information Security Officer, which used to be considered the fox watching the hen house. So we're seeing those shifts. We've also seen the CDO become more aligned with a technical role and sometimes even emerging out of that technical role. >> Yeah. I think the... I don't know, what I've seen more is that the CDOs are emerging from the business, companies are realizing that data is a business asset. It's not an IT asset. There was a time when data was tightly coupled with applications of technologies, but today data is very easily decoupled from those applications and usable in a wider variety of contexts. And for that reason, as data gets recognized as a business, not an IT asset, you want somebody from the business responsible for overseeing that asset. Yes, a lot of CDOs still report to the CIO, but increasingly more CDOs you're seeing and I think you'll see some other surveys from other organizations this week where the CDOs are more frequently reporting up to the CEO level, meaning they're true executives. Along I advocated for the bifurcation of the IT organization into separate I and T organizations. Again, there's no reason other than for historical purposes to keep the data and technology sides of the organizations so intertwined. >> Well, it makes sense that the Chief Data Officer would have an affinity with the lines of business. And you're seeing a lot of organizations, really trying to streamline their data pipeline, their data life cycles, bringing that together, infuse intelligence into that, but also take a systems view and really have the business be intimately involved, if not even owned into the data. You see a lot of emphasis on self-serve, what are you seeing in terms of that data pipeline or the data life cycle, if you will, that used to be wonky, hard core techies, but now it really involving a lot more constituent. >> Yeah. Well, the data life cycle used to be somewhat short. The data life cycles, they're longer and they're more a data networks than a life cycle and or a supply chain. And the reason is that companies are finding alternative uses for their data, not just using it for a single operational purpose or perhaps reporting purpose, but finding that there are new value streams that can be generated from data. There are value streams that can be generated internally. There are a variety of value streams that can be generated externally. So we work with companies to identify what are those variety of value streams? And then test their feasibility, are they ethically feasible? Are they legally feasible? Are they economically feasible? Can they scale? Do you have the technology capabilities? And so we'll run through a process of assessing the ideas that are generated. But the bottom line is that companies are realizing that data is an asset. It needs to be not just measured as one and managed as one, but also monetized as an asset. And as we've talked about previously, data has these unique qualities that it can be used over and over again, and it generate more data when you use it. And it can be used simultaneously for multiple purposes. So companies like, you mentioned, Apple and others have built business models, based on these unique qualities of data. But I think it's really incumbent upon any organization today to do so as well. >> But when you observed those companies that we talk about all the time, data is at the center of their organization. They maybe put people around that data. That's got to be one of the challenge for many of the incumbents is if we talked about the data silos, the different standards, different data quality, that's got to be fairly major blocker for people becoming a "Data-driven organization." >> It is because some organizations were developed as people driven product, driven brand driven, or other things to try to convert. To becoming data-driven, takes a high degree of data literacy or fluency. And I think there'll be a lot of talk about that this week. I'll certainly mention it as well. And so getting the organization to become data fluent and appreciate data as an asset and understand its possibilities and the art of the possible with data, it's a long road. So the culture change that goes along with it is really difficult. And so we're working with 150 year old consumer brand right now that wants to become more data-driven and they're very product driven. And we hear the CIO say, "We want people to understand that we're a data company that just happens to produce this product. We're not a product company that generates data." And once we realized that and started behaving in that fashion, then we'll be able to really win and thrive in our marketplace. >> So one of the key roles of a Chief Data Officers to understand how data affects the monetization of an organization. Obviously there are four profit companies of your healthcare organization saving lives, obviously being profitable as well, or at least staying within the budget, depending upon the structure of the organization. But a lot of people I think oftentimes misunderstand that it's like, "Okay, do I have to become a data broker? Am I selling data directly?" But I think, you pointed out many times and you just did that unlike oil, that's why we don't like that data as a new oil analogy, because it's so much more valuable and can be use, it doesn't fall because of its scarcity. But what are you finding just in terms of people's application of that notion of monetization? Cutting costs, increasing revenue, what are you seeing in the field? What's that spectrum look like? >> So one of the things I've done over the years is compile a library of hundreds and hundreds of examples of how organizations are using data and analytics in innovative ways. And I have a book in process that hopefully will be out this fall. I'm sharing a number of those inspirational examples. So that's the thing that organizations need to understand is that there are a variety of great examples out there, and they shouldn't just necessarily look to their own industry. There are inspirational examples from other industries as well, many clients come to me and they ask, "What are others in my industry doing?" And my flippant response to that is, "Why do you want to be in second place or third place? Why not take an idea from another industry, perhaps a digital product company and apply that to your own business." But like you mentioned, there are a variety of ways to monetize data. It doesn't involve necessarily selling it. You can deliver analytics, you can report on it, you can use it internally to generate improved business process performance. And as long as you're measuring how data's being applied and what its impact is, then you're in a position to claim that you're monetizing it. But if you're not measuring the impact of data on business processes or on customer relationships or partner supplier relationships or anything else, then it's difficult to claim that you're monetizing it. But one of the more interesting ways that we've been working with organizations to monetize their data, certainly in light of GDPR and the California consumer privacy act where I can't sell you my data anymore, but we've identified ways to monetize your customer data in a couple of ways. One is to synthesize the data, create synthetic data sets that retain the original statistical anomalies in the data or features of the data, but don't share actually any PII. But another interesting way that we've been working with organizations to monetize their data is what I call, Inverted data monetization, where again, I can't share my customer data with you, but I can share information about your products and services with my customers. And take a referral fee or a commission, based on that. So let's say I'm a hospital and I can't sell you my patient data, of course, due to variety of regulations, but I know who my diabetes patients are, and I can introduce them to your healthy meal plans, to your gym memberships, to your at home glucose monitoring kits. And again, take a referral fee or a cut of that action. So we're working with customers and the financial services firm industry and in the healthcare industry on just those kinds of examples. So we've identified hundreds of millions of dollars of incremental value for organizations that from their data that we're just sitting on. >> Interesting. Doug because you're a business value strategist at the top, where in the S curve do you see you're able to have the biggest impact. I doubt that you enter organizations where you say, "Oh, they've got it all figured out. They can't use my advice." But as well, sometimes in the early stages, you may not be able to have as big of an impact because there's not top down support or whatever, there's too much technical data, et cetera, where are you finding you can have the biggest impact, Doug? >> Generally we don't come in and run those kinds of data monetization or information innovation exercises, unless there's some degree of executive support. I've never done that at a lower level, but certainly there are lower level more immediate and vocational opportunities for data to deliver value through, to simply analytics. One of the simple examples I give is, I sold a home recently and when you put your house on the market, everybody comes out of the woodwork, the fly by night, mortgage companies, the moving companies, the box companies, the painters, the landscapers, all know you're moving because your data is in the U.S. and the MLS directory. And it was interesting. The only company that didn't reach out to me was my own bank, and so they lost the opportunity to introduce me to a Mortgage they'd retain me as a client, introduce me to my new branch, print me new checks, move the stuff in my safe deposit box, all of that. They missed a simple opportunity. And I'm thinking, this doesn't require rocket science to figure out which of your customers are moving, the MLS database or you can harvest it from Zillow or other sites is basically public domain data. And I was just thinking, how stupid simple would it have been for them to hire a high school programmer, give him a can of red bull and say, "Listen match our customer database to the MLS database to let us know who's moving on a daily or weekly basis." Some of these solutions are pretty simple. >> So is that part of what you do, come in with just hardcore tactical ideas like that? Are you also doing strategy? Tell me more about how you're spending your time. >> I trying to think more of a broader approach where we look at the data itself and again, people have said, "If you tortured enough, what would you tell us? We're just take that angle." We look at examples of how other organizations have monetized data and think about how to apply those and adapt those ideas to the company's own business. We look at key business drivers, internally and externally. We look at edge cases for their customers' businesses. We run through hypothesis generating activities. There are a variety of different kinds of activities that we do to generate ideas. And most of the time when we run these workshops, which last a week or two, we'll end up generating anywhere from 35 to 50 pretty solid ideas for generating new value streams from data. So when we talk about monetizing data, that's what we mean, generating new value streams. But like I said, then the next step is to go through that feasibility assessment and determining which of these ideas you actually want to pursue. >> So you're of course the longtime industry watcher as well, as a former Gartner Analyst, you have to be. My question is, if I think back... I've been around a while. If I think back at the peak of Microsoft's prominence in the PC era, it was like windows 95 and you felt like, "Wow, Microsoft is just so strong." And then of course the Linux comes along and a lot of open source changes and low and behold, a whole new set of leaders emerges. And you see the same thing today with the Trillionaire's Club and you feel like, "Wow, even COVID has been a tailwind for them." But you think about, "Okay, where could the disruption come to these large players that own huge clouds, they have all the data." Is data potentially a disruptor for what appear to be insurmountable odds against the newbies" >> There's always people coming up with new ways to leverage data or new sources of data to capture. So yeah, there's certainly not going to be around for forever, but it's been really fascinating to see the transformation of some companies I think nobody really exemplifies it more than IBM where they emerged from originally selling meat slicers. The Dayton Meat Slicer was their original product. And then they evolved into Manual Business Machines and then Electronic Business Machines. And then they dominated that. Then they dominated the mainframe software industry. Then they dominated the PC industry. Then they dominated the services industry to some degree. And so they're starting to get into data. And I think following that trajectory is something that really any organization should be looking at. When do you actually become a data company? Not just a product company or a service company or top. >> We have Inderpal Bhandari is one of our huge guests here. He's a Chief-- >> Sure. >> Data Officer of IBM, you know him well. And he talks about the journey that he's undertaken to transform the company into a data company. I think a lot of people don't really realize what's actually going on behind the scenes, whether it's financially oriented or revenue opportunities. But one of the things he stressed to me in our interview was that they're on average, they're reducing the end to end cycle time from raw data to insights by 70%, that's on average. And that's just an enormous, for a company that size, it's just enormous cost savings or revenue generating opportunity. >> There's no doubt that the technology behind data pipelines is improving and the process from moving data from those pipelines directly into predictive or diagnostic or prescriptive output is a lot more accelerated than the early days of data warehousing. >> Is the skills barrier is acute? It seems like it's lessened somewhat, the early Hadoop days you needed... Even data scientist... Is it still just a massive skill shortage, or we're starting to attack that. >> Well, I think companies are figuring out a way around the skill shortage by doing things like self service analytics and focusing on more easy to use mainstream type AI or advanced analytics technologies. But there's still very much a need for data scientists and organizations and the difficulty in finding people that are true data scientists. There's no real certification. And so really anybody can call themselves a data scientist but I think companies are getting good at interviewing and determining whether somebody's got the goods or not. But there are other types of skills that we don't really focus on, like the data engineering skills, there's still a huge need for data engineering. Data doesn't self-organize. There are some augmented analytics technologies that will automatically generate analytic output, but there really aren't technologies that automatically self-organize data. And so there's a huge need for data engineers. And then as we talked about, there's a large interest in external data and harvesting that and then ingesting it and even identifying what external data is out there. So one of the emerging roles that we're seeing, if not the sexiest role of the 21st century is the role of the Data Curator, somebody who acts as a librarian, identifying external data assets that are potentially valuable, testing them, evaluating them, negotiating and then figuring out how to ingest that data. So I think that's a really important role for an organization to have. Most companies have an entire department that procures office supplies, but they don't have anybody who's procuring data supplies. And when you think about which is more valuable to an organization? How do you not have somebody who's dedicated to identifying the world of external data assets that are out there? There are 10 million data sets published by government, organizations and NGOs. There are thousands and thousands of data brokers aggregating and sharing data. There's a web content that can be harvested, there's data from your partners and suppliers, there's data from social media. So to not have somebody who's on top of all that it demonstrates gross negligence by the organization. >> That is such an enlightening point, Doug. My last question is, I wonder how... If you can share with us how the pandemic has effected your business personally. As a consultant, you're on the road a lot, obviously not on the road so much, you're doing a lot of chalk talks, et cetera. How have you managed through this and how have you been able to maintain your efficacy with your clients? >> Most of our clients, given that they're in the digital world a bit already, made the switch pretty quick. Some of them took a month or two, some things went on hold but we're still seeing the same level of enthusiasm for data and doing things with data. In fact some companies have taken our (mumbles) that data to be their best defense in a crisis like this. It's affected our business and it's enabled us to do much more international work more easily than we used to. And I probably spend a lot less time on planes. So it gives me more time for writing and speaking and actually doing consulting. So that's been nice as well. >> Yeah, there's that bonus. Obviously theCUBE yes, we're not doing physical events anymore, but hey, we've got two studios operating. And Doug Laney, really appreciate you coming on. (Dough mumbles) Always a great guest and sharing your insights and have a great MIT CDOIQ. >> Thanks, you too, Dave, take care. (mumbles) >> Thanks Doug. All right. And thank you everybody for watching. This is Dave Vellante for theCUBE, our continuous coverage of the MIT Chief Data Officer conference, MIT CDOIQ, will be right back, right after this short break. (bright music)
SUMMARY :
symposium brought to you Doug, great to see you again. and the value of data And one of the things of the importance of data, And one of the more difficult the canary in the coal mine. But the reality is that every consultancy a talk in the business case for the CDO. So some of the things we found is that In the early days the CDO is that the CDOs are that data pipeline or the data life cycle, of assessing the ideas that are generated. for many of the incumbents and the art of the possible with data, of the organization. and apply that to your own business." I doubt that you enter organizations and the MLS directory. So is that part of what you do, And most of the time when of Microsoft's prominence in the PC era, the services industry to some degree. is one of our huge guests here. But one of the things he stressed to me is improving and the process the early Hadoop days you needed... and the difficulty in finding people and how have you been able to maintain our (mumbles) that data to be and sharing your insights Thanks, you too, Dave, take care. of the MIT Chief Data Officer conference,
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Krishna Cheriath, Bristol Myers Squibb | MITCDOIQ 2020
>> From the Cube Studios in Palo Alto in Boston, connecting with thought leaders all around the world, this is a Cube Conversation. >> Hi everyone, this is Dave Vellante and welcome back to the Cube's coverage of the MIT CDOIQ. God, we've been covering this show since probably 2013, really trying to understand the intersection of data and organizations and data quality and how that's evolved over time. And with me to discuss these issues is Krishna Cheriath, who's the Vice President and Chief Data Officer, Bristol-Myers Squibb. Krishna, great to see you, thanks so much for coming on. >> Thank you so much Dave for the invite, I'm looking forward to it. >> Yeah first of all, how are things in your part of the world? You're in New Jersey, I'm also on the East coast, how you guys making out? >> Yeah, I think these are unprecedented times all around the globe and whether it is from a company perspective or a personal standpoint, it is how do you manage your life, how do you manage your work in these unprecedented COVID-19 times has been a very interesting challenge. And to me, what is most amazing has been, I've seen humanity rise up and so to our company has sort of snap to be able to manage our work so that the important medicines that have to be delivered to our patients are delivered on time. So really proud about how we have done as a company and of course, personally, it has been an interesting journey with my kids from college, remote learning, wife working from home. So I'm very lucky and blessed to be safe and healthy at this time. So hopefully the people listening to this conversation are finding that they are able to manage through their lives as well. >> Obviously Bristol-Myers Squibb, very, very strong business. You guys just recently announced your quarter. There's a biologics facility near me in Devon's, Massachusetts, I drive by it all the time, it's a beautiful facility actually. But extremely broad portfolio, obviously some COVID impact, but you're managing through that very, very well, if I understand it correctly, you're taking a collaborative approach to a COVID vaccine, you're now bringing people physically back to work, you've been very planful about that. My question is from your standpoint, what role did you play in that whole COVID response and what role did data play? >> Yeah, I think it's a two part as you rightly pointed out, the Bristol-Myers Squibb, we have been an active partner on the the overall scientific ecosystem supporting many different targets that is, from many different companies I think. Across biopharmaceuticals, there's been a healthy convergence of scientific innovation to see how can we solve this together. And Bristol-Myers Squibb have been an active participant as our CEO, as well as our Chief Medical Officer and Head of Research have articulated publicly. Within the company itself, from a data and technology standpoint, data and digital is core to the response from a company standpoint to the COVID-19, how do we ensure that our work continues when the entire global workforce pivots to a kind of a remote setting. So that really calls on the digital infrastructure to rise to the challenge, to enable a complete global workforce. And I mean workforce, it is not just employees of the company but the all of the third-party partners and others that we work with, the whole ecosystem needs to work. And I think our digital infrastructure has proven to be extremely resilient than that. From a data perspective, I think it is twofold. One is how does the core book of business of data continue to drive forward to make sure that our companies key priorities are being advanced. Secondarily, we've been partnering with a research and development organization as well as medical organization to look at what kind of real world data insights can really help in answering the many questions around COVID-19. So I think it is twofold. Main summary; one is, how do we ensure that the data and digital infrastructure of the company continues to operate in a way that allows us to progress the company's mission even during a time when globally, we have been switched to a remote working force, except for some essential staff from lab and manufacturing standpoint. And secondarily is how do we look at the real-world evidence as well as the scientific data to be a good partner with other companies to look at progressing the societal innovations needed for this. >> I think it's a really prudent approach because let's face it, sometimes one shot all vaccine can be like playing roulette. So you guys are both managing your risk and just as I say, financially, a very, very successful company in a sound approach. I want to ask you about your organization. We've interviewed many, many Chief Data Officers over the years, and there seems to be some fuzziness as to the organizational structure. It's very clear with you, you report in to the CIO, you came out of a technical bag, you have a technical degree but you also of course have a business degree. So you're dangerous from that standpoint. You got both sides which is critical, I would think in your role, but let's start with the organizational reporting structure. How did that come about and what are the benefits of reporting into the CIO? >> I think the Genesis for that as Bristol-Myers Squibb and when I say Bristol-Myers Squibb, the new Bristol-Myers Squibb is a combination of Heritage Bristol-Myers Squibb and Heritage Celgene after the Celgene acquisition last November. So in the Heritage Bristol-Myers Squibb acquisition, we came to a conclusion that in order for BMS to be able to fully capitalize on our scientific innovation potential as well as to drive data-driven decisions across the company, having a robust data agenda is key. Now the question is, how do you progress that? Historically, we had approached a very decentralized mechanism that made a different data constituencies. We didn't have a formal role of a Chief Data Officer up until 2018 or so. So coming from that realization that we need to have an effective data agenda to drive forward the necessary data-driven innovations from an analytic standpoint. And equally importantly, from optimizing our execution, we came to conclusion that we need an enterprise-level data organization, we need to have a first among equals if you will, to be mandated by the CEO, his leadership team, to be the kind of an orchestrator of a data agenda for the company, because data agenda cannot be done individually by a singular CDO. It has to be done in partnership with many stakeholders, business, technology, analytics, et cetera. So from that came this notion that we need an enterprise-wide data organization. So we started there. So for awhile, I would joke around that I had all of the accountabilities of the CDO without the lofty title. So this journey started around 2016, where we create an enterprise-wide data organization. And we made a very conscious choice of separating the data organization from analytics. And the reason we did that is when we look at the bowl of Bristol-Myers Squibb, analytics for example, is core and part of our scientific discovery process, research, our clinical development, all of them have deep data science and analytic embedded in it. But we also have other analytics whether it is part of our sales and marketing, whether it is part of our finance and our enabling functions they catch all across global procurement et cetera. So the world of analytics is very broad. BMS did a separation between the world of analytics and from the world of data. Analytics at BMS is in two modes. There is a central analytics organization called Business Insights and Analytics that drive most of the enterprise-level analytics. But then we have embedded analytics in our business areas, which is research and development, manufacturing and supply chain, et cetera, to drive what needs to be closer to the business idea. And the reason for separating that out and having a separate data organization is that none of these analytic aspirations or the business aspirations from data will be met if the world of data is, you don't have the right level of data available, the velocity of data is not appropriate for the use cases, the quality of data is not great or the control of the data. So that we are using the data for the right intent, meeting the compliance and regulatory expectations around the data is met. So that's why we separated out that data world from the analytics world, which is a little bit of a unique construct for us compared to what we see generally in the world of CDOs. And from that standpoint, then the decision was taken to make that report for global CIO. At Bristol-Myers Squibb, they have a very strong CIO organization and IT organization. When I say strong, it is from this lens standpoint. A, it is centralized, we have centralized the budget as well as we have centralized the execution across the enterprise. And the CDO reporting to the CIO with that data-specific agenda, has a lot of value in being able to connect the world of data with the world of technology. So at BMS, their Chief Data Officer organization is a combination of traditional CDO-type accountabilities like data risk management, data governance, data stewardship, but also all of the related technologies around master data management, data lake, data and analytic engineering and a nascent AI data and technology lab. So that construct allows us to be a true enterprise horizontal, supporting analytics, whether it is done in a central analytics organization or embedded analytics teams in the business area, but also equally importantly, focus on the world of data from operational execution standpoint, how do we optimize data to drive operational effectiveness? So that's the construct that we have where CDO reports to the CIO, data organization separated from analytics to really focus around the availability but also the quality and control of data. And the last nuance that is that at BMS, the Chief Data Officer organization is also accountable to be the Data Protection Office. So we orchestrate and facilitate all privacy-related actions across because that allows us to make sure that all personal data that is collected, managed and consumed, meets all of the various privacy standards across the world, as well as our own commitments as a company from across from compliance principles standpoint. >> So that makes a lot of sense to me and thank you for that description. You're not getting in the way of R&D and the scientists, they know data science, they don't need really your help. I mean, they need to innovate at their own pace, but the balance of the business really does need your innovation, and that's really where it seems like you're focused. You mentioned master data management, data lakes, data engineering, et cetera. So your responsibility is for that enterprise data lifecycle to support the business side of things, and I wonder if you could talk a little bit about that and how that's evolved. I mean a lot has changed from the old days of data warehouse and cumbersome ETL and you mentioned, as you say data lakes, many of those have been challenging, expensive, slow, but now we're entering this era of cloud, real-time, a lot of machine intelligence, and I wonder if you could talk about the changes there and how you're looking at and thinking about the data lifecycle and accelerating the time to insights. >> Yeah, I think the way we think about it, we as an organization in our strategy and tactics, think of this as a data supply chain. The supply chain of data to drive business value whether it is through insights and analytics or through operation execution. When you think about it from that standpoint, then we need to get many elements of that into an effective stage. This could be the technologies that is part of that data supply chain, you reference some of them, the master data management platforms, data lake platforms, the analytics and reporting capabilities and business intelligence capabilities that plug into a data backbone, which is that I would say the technology, swim lane that needs to get right. Along with that, what we also need to get right for that effective data supply chain is that data layer. That is, how do you make sure that there is the right data navigation capability, probably you make sure that we have the right ontology mapping and the understanding around the data. How do we have data navigation? It is something that we have invested very heavily in. So imagine a new employee joining BMS, any organization our size has a pretty wide technology ecosystem and data ecosystem. How do you navigate that, how do we find the data? Data discovery has been a key focus for us. So for an effective data supply chain, then we knew that and we have instituted our roadmap to make sure that we have a robust technology orchestration of it, but equally important is an effective data operations orchestration. Both needs to go hand in hand for us to be able to make sure that that supply chain is effective from a business use case and analytic use standpoint. So that has led us on a journey from a cloud perspective, since you refer that in your question, is we have invested very heavily to move from very disparate set of data ecosystems to a more converse cloud-based data backbone. That has been a big focus at the BMS since 2016, whether it is from a research and development standpoint or from commercialization, it is our word for the sales and marketing or manufacturing and supply chain and HR, et cetera. How do we create a converged data backbone that allows us to use that data as a resource to drive many different consumption patterns? Because when you imagine an enterprise of our size, we have many different consumers of the data. So those consumers have different consumption needs. You have deep data science population who just needs access to the data and they have data science platforms but they are at once programmers as well, to the other end of the spectrum where executives need pre-packaged KPIs. So the effective orchestration of the data ecosystem at BMS through a data supply chain and the data backbone, there's a couple of things for us. One, it drives productivity of our data consumers, the scientific researchers, analytic community or other operational staff. And second, in a world where we need to make sure that the data consumption appalls ethical standards as well as privacy and other regulatory expectations, we are able to build it into our system and process the necessary controls to make sure that the consumption and the use of data meets our highest trust advancements standards. >> That makes a lot of sense. I mean, converging your data like that, people always talk about stove pipes. I know it's kind of a bromide but it's true, and allows you to sort of inject consistent policies. What about automation? How has that affected your data pipeline recently and on your journey with things like data classification and the like? >> I think in pursuing a broad data automation journey, one of the things that we did was to operate at two different speed points. In a historically, the data organizations have been bundled with long-running data infrastructure programs. By the time you complete them, their business context have moved on and the organization leaders are also exhausted from having to wait from these massive programs to reach its full potential. So what we did very intentionally from our data automation journey is to organize ourselves in two speed dimensions. First, a concept called Rapid Data Lab. The idea is that recognizing the reality that the data is not well automated and orchestrated today, we need a SWAT team of data engineers, data SMEs to partner with consumers of data to make sure that we can make effective data supply chain decisions here and now, and enable the business to answer questions of today. Simultaneously in a longer time horizon, we need to do the necessary work of moving the data automation to a better footprint. So enterprise data lake investments, where we built services based on, we had chosen AWS as the cloud backbone for data. So how do we use the AWS services? How do we wrap around it with the necessary capabilities so that we have a consistent reference and technical architecture to drive the many different function journeys? So we organized ourselves into speed dimensions; the Rapid Data Lab teams focus around partnering with the consumers of data to help them with data automation needs here and now, and then a secondary team focused around the convergence of data into a better cloud-based data backbone. So that allowed us to one, make an impact here and now and deliver value from data to the dismiss here and now. Secondly, we also learned a lot from actually partnering with consumers of data on what needs to get adjusted over a period of time in our automation journey. >> It makes sense, I mean again, that whole notion of converged data, putting data at the core of your business, you brought up AWS, I wonder if I could ask you a question. You don't have to comment on specific vendors, but there's a conversation we have in our community. You have AWS huge platform, tons of partners, a lot of innovation going on and you see innovation in areas like the cloud data warehouse or data science tooling, et cetera, all components of that data pipeline. As well, you have AWS with its own tooling around there. So a question we often have in the community is will technologists and technology buyers go for kind of best of breed and cobble together different services or would they prefer to have sort of the convenience of a bundled service from an AWS or a Microsoft or Google, or maybe they even go best of breeds for all cloud. Can you comment on that, what's your thinking? >> I think, especially for organizations, our size and breadth, having a converged to convenient, all of the above from a single provider does not seem practical and feasible, because a couple of reasons. One, the heterogeneity of the data, the heterogeneity of consumption of the data and we are yet to find a single stack provider who can meet all of the different needs. So I am more in the best of breed camp with a few caveats, a hybrid best of breed, if you will. It is important to have a converged the data backbone for the enterprise. And so whether you invest in a singular cloud or private cloud or a combination, you need to have a clear intention strategy around where are you going to host the data and how is the data is going to be organized. But you could have a lot more flexibility in the consumption of data. So once you have the data converged into, in our case, we converged on AWS-based backbone. We allow many different consumptions of the data, because I think the analytic and insights layer, data science community within R&D is different from a data science community in the supply chain context, we have business intelligence needs, we have a catered needs and then there are other data needs that needs to be funneled into software as service platforms like the sales forces of the world, to be able to drive operational execution as well. So when you look at it from that context, having a hybrid model of best of breed, whether you have a lot more convergence from a data backbone standpoint, but then allow for best of breed from an analytic and consumption of data is more where my heart and my brain is. >> I know a lot of companies would be excited to hear that answer, but I love it because it fosters competition and innovation. I wish I could talk for you forever, but you made me think of another question which is around self-serve. On your journey, are you at the point where you can deliver self-serve to the lines of business? Is that something that you're trying to get to? >> Yeah, I think it does. The self-serve is an absolutely important point because I think the traditional boundaries of what you consider the classical IT versus a classical business is great. I think there is an important gray area in the middle where you have a deep citizen data scientist in the business community who really needs to be able to have access to the data and I have advanced data science and programming skills. So self-serve is important but in that, companies need to be very intentional and very conscious of making sure that you're allowing that self-serve in a safe containment sock. Because at the end of the day, whether it is a cyber risk or data risk or technology risk, it's all real. So we need to have a balanced approach between promoting whether you call it data democratization or whether you call it self-serve, but you need to balance that with making sure that you're meeting the right risk mitigation strategy standpoint. So that's how then our focus is to say, how do we promote self-serve for the communities that they need self-serve, where they have deeper levels of access? How do we set up the right safe zones for those which may be the appropriate mitigation from a cyber risk or data risk or technology risk. >> Security pieces, again, you keep bringing up topics that I could talk to you forever on, but I heard on TV the other night, I heard somebody talking about how COVID has affected, because of remote access, affected security. And it's like hey, give everybody access. That was sort of the initial knee-jerk response, but the example they gave as well, if your parents go out of town and the kid has a party, you may have some people show up that you don't want to show up. And so, same issue with remote working, work from home. Clearly you guys have had to pivot to support that, but where does the security organization fit? Does that report separate alongside the CIO? Does it report into the CIO? Are they sort of peers of yours, how does that all work? >> Yeah, I think at Bristol-Myers Squibb, we have a Chief Information Security Officer who is a peer of mine, who also reports to the global CIO. The CDO and the CSO are effective partners and are two sides of the coin and trying to advance a total risk mitigation strategy, whether it is from a cyber risk standpoint, which is the focus of the Chief Information Security Officer and whether it is the general data consumption risk. And that is the focus from a Chief Data Officer in the capacities that I have. And together, those are two sides of a coin that the CIO needs to be accountable for. So I think that's how we have orchestrated it, because I think it is important in these worlds where you want to be able to drive data-driven innovation but you want to be able to do that in a way that doesn't open the company to unwanted risk exposures as well. And that is always a delicate balancing act, because if you index too much on risk and then high levels of security and control, then you could lose productivity. But if you index too much on productivity, collaboration and open access and data, it opens up the company for risks. So it is a delicate balance within the two. >> Increasingly, we're seeing that reporting structure evolve and coalesce, I think it makes a lot of sense. I felt like at some point you had too many seats at the executive leadership table, too many kind of competing agendas. And now your structure, the CIO is obviously a very important position. I'm sure has a seat at the leadership table, but also has the responsibility for managing that sort of data as an asset versus a liability which my view, has always been sort of the role of the Head of Information. I want to ask you, I want to hit the Escape key a little bit and ask you about data as a resource. You hear a lot of people talk about data is the new oil. We often say data is more valuable than oil because you can use it, it doesn't follow the laws of scarcity. You could use data in infinite number of places. You can only put oil in your car or your house. How do you think about data as a resource today and going forward? >> Yeah, I think the data as the new oil paradigm in my opinion, was an unhealthy, and it prompts different types of conversations around that. I think for certain companies, data is indeed an asset. If you're a company that is focused on information products and data products and that is core of your business, then of course there's monetization of data and then data as an asset, just like any other assets on the company's balance sheet. But for many enterprises to further their mission, I think considering data as a resource, I think is a better focus. So as a vital resource for the company, you need to make sure that there is an appropriate caring and feeding for it, there is an appropriate management of the resource and an appropriate evolution of the resource. So that's how I would like to consider it, it is a personal end of one perspective, that data as a resource that can power the mission of the company, the new products and services, I think that's a good, healthy way to look at it. At the center of it though, a lot of strategies, whether people talk about a digital strategy, whether the people talk about data strategy, what is important is a company to have a pool north star around what is the core mission of the company and what is the core strategy of the company. For Bristol-Myers Squibb, we are about transforming patients' lives through science. And we think about digital and data as key value levers and drivers of that strategy. So digital for the sake of digital or data strategy for the sake of data strategy is meaningless in my opinion. We are focused on making sure that how do we make sure that data and digital is an accelerant and has a value lever for the company's mission and company strategy. So that's why thinking about data as a resource, as a key resource for our scientific researchers or a key resource for our manufacturing team or a key resource for our sales and marketing, allows us to think about the actions and the strategies and tactics we need to deploy to make that effective. >> Yeah, that makes a lot of sense, you're constantly using that North star as your guideline and how data contributes to that mission. Krishna Cheriath, thanks so much for coming on the Cube and supporting the MIT Chief Data Officer community, it was a really pleasure having you. >> Thank you so much for Dave, hopefully you and the audience is safe and healthy during these times. >> Thank you for that and thank you for watching everybody. This is Vellante for the Cube's coverage of the MIT CDOIQ Conference 2020 gone virtual. Keep it right there, we'll right back right after this short break. (lively upbeat music)
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leaders all around the world, coverage of the MIT CDOIQ. I'm looking forward to it. so that the important medicines I drive by it all the time, and digital infrastructure of the company of reporting into the CIO? So that's the construct that we have and accelerating the time to insights. and the data backbone, and allows you to sort of and enable the business to in areas like the cloud data warehouse and how is the data is to the lines of business? in the business community that I could talk to you forever on, that the CIO needs to be accountable for. about data is the new oil. that can power the mission of the company, and supporting the MIT Chief and healthy during these times. of the MIT CDOIQ Conference
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Sriram Raghavan, IBM Research AI | IBM Think 2020
(upbeat music) >> Announcer: From the cube Studios in Palo Alto and Boston, it's the cube! Covering IBM Think. Brought to you by IBM. >> Hi everybody, this is Dave Vellante of theCUBE, and you're watching our coverage of the IBM digital event experience. A multi-day program, tons of content, and it's our pleasure to be able to bring in experts, practitioners, customers, and partners. Sriram Raghavan is here. He's the Vice President of IBM Research in AI. Sriram, thanks so much for coming on thecUBE. >> Thank you, pleasure to be here. >> I love this title, I love the role. It's great work if you're qualified for it.(laughs) So, tell us a little bit about your role and your background. You came out of Stanford, you had the pleasure, I'm sure, of hanging out in South San Jose at the Almaden labs. Beautiful place to create. But give us a little background. >> Absolutely, yeah. So, let me start, maybe go backwards in time. What do I do now? My role's responsible for AI strategy, planning, and execution in IBM Research across our global footprint, all our labs worldwide and their working area. I also work closely with the commercial parts. The parts of IBM, our Software and Services business that take the innovation, AI innovation, from IBM Research to market. That's the second part of what I do. And where did I begin life in IBM? As you said, I began life at our Almaden Research Center up in San Jose, up in the hills. Beautiful, I had in a view. I still think it's the best view I had. I spent many years there doing work at the intersection of AI and large-scale data management, NLP. Went back to India, I was running the India lab there for a few years, and now I'm back here in New York running AI strategy. >> That's awesome. Let's talk a little bit about AI, the landscape of AI. IBM has always made it clear that you're not doing consumer AI. You're really tying to help businesses. But how do you look at the landscape? >> So, it's a great question. It's one of those things that, you know, we constantly measure ourselves and our partners tell us. I think we, you've probably heard us talk about the cloud journey . But look barely 20% of the workloads are in the cloud, 80% still waiting. AI, at that number is even less. But, of course, it varies. Depending on who you ask, you would say AI adoption is anywhere from 4% to 30% depending on who you ask in this case. But I think it's more important to look at where is this, directionally? And it's very, very clear. Adoption is rising. The value is more, it's getting better appreciated. But I think more important, I think is, there is broader recognition, awareness and investment, knowing that to get value out of AI, you start with where AI begins, which is data. So, the story around having a solid enterprise information architecture as the base on which to drive AI, is starting to happen. So, as the investments in data platform, becoming making your data ready for AI, starts to come through. We're definitely seeing that adoption. And I think, you know, the second imperative that businesses look for obviously is the skills. The tools and the skills to scale AI. It can't take me months and months and hours to go build an AI model, I got to accelerate it, and then comes operationalizing. But this is happening, and the upward trajectory is very, very clear. >> We've been talking a lot on theCUBE over the last couple of years, it's not the innovation engine of our industry is no longer Moore's Law, it's a combination of data. You just talked about data. Applying machine technology to that data, being able to scale it, across clouds, on-prem, wherever the data lives. So. >> Right. >> Having said that, you know, you've had a journey. You know, you started out kind of playing "Jeopardy!", if you will. It was a very narrow use case, and you're expanding that use case. I wonder if you could talk about that journey, specifically in the context of your vision. >> Yeah. So, let me step back and say for IBM Research AI, when I think about how we, what's our strategy and vision, we think of it as in two parts. One part is the evolution of the science and techniques behind AI. And you said it, right? From narrow, bespoke AI that all it can do is this one thing that it's really trained for, it takes a large amount of data, a lot of computing power. Two, how do you have the techniques and the innovation for AI to learn from one use case to the other? Be less data hungry, less resource hungry. Be more trustworthy and explainable. So, we call that the journey from narrow to broad AI. And one part of our strategy, as scientists and technologists, is the innovation to make that happen. So that's sort of one part. But, as you said, as people involved in making AI work in the enterprise, and IBM Research AI vision would be incomplete without the second part, which is, what are the challenges in scaling and operationalizing AI? It isn't sufficient that I can tell you AI can do this, how do I make AI do this so that you get the right ROI, the investment relative to the return makes sense and you can scale and operationalize. So, we took both of these imperatives. The AI narrow-to-broad journey, and the need to scale and operationalize. And what of the things that are making it hard? The things that make scaling and operationalizing harder: data challenges, we talked about that, skills challenges, and the fact that in enterprises, you have to govern and manage AI. And we took that together and we think of our AI agenda in three pieces: Advancing, trusting, and scaling AI. Advancing is the piece of pushing the boundary, making AI narrow to broad. Trusting is building AI which is trustworthy, is explainable, you can control and understand its behavior, make sense of it and all of the technology that goes with it. And scaling AI is when we address the problem of, how do I, you know, reduce the time and cost for data prep? How do I reduce the time for model tweaking and engineering? How do I make sure that a model that you build today, when something changes in the data, I can quickly allow for you to close the loop and improve the model? All of the things, think of day-two operations of AI. All of that is part of our scaling AI strategy. So advancing, trusting, scaling is sort of the three big mantras around which the way we think about our AI. >> Yeah, so I've been doing a little work in this around this notion of DataOps. Essentially, you know, DevOps applied to the data and the data pipeline, and I had a great conversation recently with Inderpal Bhandari, IBM's Global Chief Data Officer, and he explained to me how, first of all, customers will tell you, it's very hard to operationalize AIs. He and his team took that challenge on themselves and have had some great success. And, you know, we all know the problem. It's that, you know AI has to wait for the data. It has to wait for the data to be cleansed and wrangled. Can AI actually help with that part of the problem, compressing that? >> 100%. In fact, the way we think of the automation and scaling story is what we call the "AI For AI" story. So, AI in service of helping you build the AI that helps you make this with speed, right? So, and I think of it really in three parts. It's AI for data automation, our DataOps. AI used in better discovery, better cleansing, better configuration, faster linking, quality assessment, all of that. Using AI to do all of those data problems that you had to do. And I called it AI for data automation. The second part is using AI to automatically figure out the best model. And that's AI for data science automation, which is, feature engineering, hyperparameter optimization, having them all do work, why should a data scientist take weeks and months experimenting? If the AI can accelerate that from weeks to a matter of hours? That's data science automation. And then comes the important part, also, which is operations automation. Okay, I've put a data model into an application. How do I monitor its behavior? If the data that it's seeing is different from the data it was trained on, how do I quickly detect it? And a lot of the work from Research that was part of that Watson OpenScale offering is really addressing the operational side. So AI for data, AI for data science automation, and AI to help automate production of AI, is the way we break that problem up. >> So, I always like to ask folks that are deep into R&D, how they are ultimately are translating into commercial products and offerings? Because ultimately, you got to make money to fund more R&D. So, can you talk a little bit about how you do that, what your focus is there? >> Yeah, so that's a great question, and I'm going to use a few examples as well. But let me say at the outset, this is a very, very closed partnership. So when we, the Research part of AI and our portfolio, it's a closed partnership where we're constantly both drawing problem as well as building technology that goes into the offering. So, a lot of our work, much of our work in AI automation that we were talking about, is part of our Watson Studio, Watson Machine Learning, Watson OpenScale. In fact, OpenScale came out of Research working Trusted AI, and is now a centerpiece of our Watson project. Let me give a very different example. We have a very, very strong portfolio and focus in NLP, Natural Language Processing. And this directly goes into capabilities out of Watson Assistant, which is our system for conversational support and customer support, and Watson Discovery, which is about making enterprise understand unstructurally. And a great example of that is the Working Project Debater that you might have heard, which is a grand challenge in Research about building a machine that can do debate. Now, look, we weren't looking to go sell you a debating machine. But what did we build as part of doing that, is advances in NLP that are all making their way into assistant and discovery. And we actually just talked about earlier this year, announced a set of capabilities around better clustering, advanced summarization, deeper sentiment analysis. These made their way into Assistant and Discovery but are born out of research innovation and solving a grand problem like building a debating machine. That's just an example of how that journey from research to product happens. >> Yeah, the Debater documentary, I've seen some of that. It's actually quite astounding. I don't know what you're doing there. It sounds like you're taking natural language and turning it into complex queries with data science and AI, but it's quite amazing. >> Yes, and I would encourage you, you will see that documentary, by the way, on Channel 7, in the Think Event. And I would encourage you, actually the documentary around how Debater happened, sort of featuring back of the you know, backdoor interviews with the scientist who created it was actually featured last minute at Copenhagen International Documentary Festival. I'll invite viewers to go to Channel 7 and Data and AI Tech On-Demand to go take a look at that documentary. >> Yeah, you should take a look at it. It's actually quite astounding and amazing. Sriram, what are you working on these days? What kind of exciting projects or what's your focus area today? >> Look, I think there are three imperatives that we're really focused on, and one is very, you know, just really the project you're talking about, NLP. NLP in the enterprise, look, text is a language of business, right? Text is the way business is communicated. Within each other, with their partners, with the entire world. So, helping machines understand language, but in an enterprise context, recognizing that data and the enterprises live in complex documents, unstructured documents, in e-mail, they live in conversations with the customers. So, really pushing the boundary on how all our customers and clients can make sense of this vast volume of unstructured data by pushing the advances of NLP, that's one focus area. Second focus area, we talked about trust and how important that is. And we've done amazing work in monitoring and explainability. And we're really focused now on this emerging area of causality. Using causality to explain, right? The model makes this because the model believes this is what it wants, it's a beautiful way. And the third big focus continues to be on automation. So, NLP, trust, automation. Those are, like, three big focus areas for us. >> sriram, how far do you think we can take AI? I know it's a topic of conversation, but from your perspective, deep into the research, how far can it go? And maybe how far should it go? >> Look, I think we are, let me answer it this way. I think the arc of the possible is enormous. But I think we are at this inflection point in which I think the next wave of AI, the AI that's going to help us this narrow-to-broad journey we talked about, look, the narrow-to-broad journey's not like a one-week, one-year. We're talking about a decade of innovation. But I think we are at a point where we're going to see a wave of AI that we like to call "neuro-symbolic AI," which is AI that brings together two sort of fundamentally different approaches to building intelligence systems. One approach of building intelligence system is what we call "knowledge driven." Understand data, understand concept, logically, reasonable. We human beings do that. That was really the way AI was born. The more recent last couple of decades of AI was data driven, Machine learning. Give me vast volumes of data, I'll use neural techniques, deep learning, to to get value. We're at a point where we're going to bring both of them together. Cause you can't build trustworthy, explainable systems using only one, you can't get away from not using all of the data that you have to make them. So, neuro-symbolic AI is, I think, going to be the linchpin of how we advance AI and make it more powerful and trustworthy. >> So, are you, like, living your childhood dream here or what? >> Look, for me I'm fascinated. I've always been fascinated. And any time you can't find a technology person who hasn't dreamt of building an intelligent machine. To have a job where I can work across our worldwide set of 3,000 plus researchers and think and brainstorm on strategy with AI. And then, most importantly, not to forget, right? That you talked about being able to move it into our portfolios so it actually makes a difference for our clients. I think it's a dream job and a whole lot of fun. >> Well, Sriram, it was great having you on theCUBE. A lot of fun, interviewing folks like you. I feel a little bit smarter just talking to you. So thanks so much for coming on. >> Fantastic. It's been a pleasure to be here. >> And thank you for watching, everybody. You're watching theCUBE's coverage of IBM Think 2020. This is Dave Vellante. We'll be right back right after this short break. (upbeat music)
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IBM promo Aliye SOLO v1
>>Hi, everyone. My name is Julia Moskin. Indeed. Data operations data offs, global marketing leader >>at IBM. >>Big data is all about delivering trusted data fast through applications, operations, >>the business user. Why important? >>Why now? To meet market demands past and to give it to changing market conditions past. It is essential for organizations to put the right data into the right hands at the right time passed. And that is what they do provide a data ops gets you well, I believe we put in our virtual program for you. Bringing industry experts from Standard sprang from Associated Bank from Hardy Davidson and also from IBM Global Data >>Office Chief Data Office >>sharing their experiences discussing the why the what and the how, as well as discussing the questions like, Is there the best time to implement today the ops program? More importantly, you will have a chance to chat with the crowd and with these experts and subject matter experts and beyond During 30 minutes asking your questions, sharing your insights, it will be a very fulfilling learning experience for you. We're looking forward to seeing you there. Stay well. Stay safe. >>Thank you.
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Janet George & Grant Gibson, Oracle Consulting | Empowering the Autonomous Enterprise of the Future
>>Yeah, yeah, >>yeah! >>Welcome back, everybody. To this special digital event coverage, the Cube is looking into the rebirth of Oracle Consulting. Janet George is here. She's group VP Autonomous for Advanced Analytics with machine learning and artificial intelligence at Oracle. And she's joined by Grant Gibson Group VP of growth and strategy at Oracle. Folks, welcome to the Cube. Thanks so much for coming on. Great. I want to start with you because you get strategy in your title like this. Start big picture. What is the strategy with Oracle specifically as it relates to autonomous and also consulting? >>Sure. So I think you know, Oracle has a deep legacy of strength and data and, uh uh, over the company's successful history. It's evolved what that is from steps along the way. And if you look at the modern enterprise Oracle client, I think there's no denying that we've entered the age of AI, that everyone knows that artificial intelligence and machine learning are a key to their success in the business marketplace going forward. And while generally it's acknowledged that it's a transformative technology and people know that they need to take advantage of it, it's the how that's really tricky and that most enterprises, in order to really get an enterprise level, are rely on AI investment. Need to engage in projects of significant scope, and going from realizing there's an opportunity of realizing there's a threat to mobilize yourself to capitalize on it is a daunting task or certainly one that's, you know, Anybody that's got any sort of legacy of success has built in processes as building systems has built in skill sets, and making that leap to be an autonomous enterprise is challenging for companies to wrap their heads around. So as part of the rebirth of Oracle Consulting, we've developed a practice around how to both manage the technology needs for that transformation as well as the human needs as well as the data science needs. >>So there's about five or six things that I want to follow up with you there. So this is a good conversation. Ever since I've been in the industry, we were talking about a sort of start stop start stop at the Ai Winter, and now it seems to be here is almost feel like the technology never lived up to its promise. If you didn't have the horsepower compute power data may be so we're here today. It feels like we are entering a new era. Why is that? And how will the technology perform this time? >>So for AI to perform it's very remind on the data we entered the age of Ai without having the right data for AI. So you can imagine that we just launched into Ai without our data being ready to be training sex for AI. So we started with B I data or we started the data that was already historically transformed. Formatted had logical structures, physical structures. This data was sort of trapped in many different tools. And then suddenly Ai comes along and we see Take this data, our historical data we haven't tested to see if this has labels in it. This has learning capability in it. Just trust the data to AI. And that's why we saw the initial wave of ai sort of failing because it was not ready to full ai ready for the generation of Ai, if you will. >>So, to me, this is I always say, this was the contribution that Hadoop left us, right? I mean, the dupe everybody was crazy. It turned into big data. Oracle was never that nuts about it is gonna watch, Setback and wash obviously participated, but it gathered all this data created Chief Data Lakes, which people always joke turns into data swamps. But the data is often times now within organizations least present. Now it's a matter of what? What what's The next step is >>basically about Hadoop did to the world of data. Was her dupe freed data from being stuck in tools it basically brought forth. This concept of a platform and platform is very essential because as we enter the age of AI and be entered, the better wide range of data. We can't have tools handling all of the state of the data needs to scale. The data needs to move, the data needs to grow. And so we need the concept of platforms so we can be elastic for the growth of the data, right, it can be distributed. It can grow based on the growth of the data, and it can learn from that data. So that is that's the reason why Hadoop sort of brought us into the platform board, >>right? A lot of that data ended up in the cloud. I always say, You know, for years we marched to the cadence of Moore's law. That was the innovation engine in this industry and fastest, you could get a chip in, you know, you get a little advantage, and then somebody would leapfrog. Today it's got all this data you apply machine intelligence and cloud gives you scale. It gives you agility of your customers. Are they taking advantage of the new innovation cocktail? First of all, do you buy that? How do you see them taking >>advantage of? Yeah, I think part of what James mentioned makes a lot of sense is that at the beginning, when you know you're taking the existing data in an enterprise and trying to do AI to it, you often get things that look a lot like what you already knew because you're dealing with your existing data set in your existing expertise. And part of I think the leap that clients are finding success with now is getting novel data types, and you're moving from, uh, zeros and ones of structured data, too. Image language, written language, spoken language. You're capturing different data sets in ways that prior tools never could. And so the classifications that come out of it, the insights that come out of it, the business process transformation comes out of it is different than what we would have understood under the structure data format. So I think it's that combination of really being able to push massive amounts of data through a cloud product to be able to process it at scale. That is what I think is the combination that takes it to the next plateau for sure. >>So you talked about sort of. We're entering a new era Age of a AI. You know, a lot of people, you know, kind of focus on the cloud is the current era, but it really does feel like we're moving beyond that. The language that we use today, I feel like it's going to change, and you just started to touch on some of it. Sensing, you know, there are senses and you know the visualization in the the auditory. So it's It's sort of this new experience that customers are seeing a lot of this machine intelligence behind. >>I call it the autonomous and a price right. The journey to be the autonomous enterprise. And then you're on this journey to be the autonomous enterprise you need. Really? The platform that can help you be cloud is that platform which can help you get to the autonomous journey. But the autonomous journey does not end with the cloud or doesn't end with the data lake. These are just infrastructures that are basic necessary necessities for being on that on that autonomous journey. But at the end, it's about how do you train and scale at, um, very large scale training that needs to happen on this platform for AI to be successful. And if you are an autonomous and price, then you have really figured out how to tap into AI and machine learning in a way that nobody else has to derive business value, if you will. So you've got the platform, you've got the data, and now you're actually tapping into the autonomous components ai and machine learning to derive business, intelligence and business value. >>So I want to get into a little bit of Oracle's role. But to do that I want to talk a little bit more about the industry. So if you think about the way that the industry seems to be restructuring around data. Historically, industries had their own stack value chain, and if you were in in in the finance industry, you were there for life. We had your own sales channel distribution, etcetera. But today you see companies traversing industries, which has never happened before. You know, you see apple getting into content and music, and there's so many examples are buying whole foods data is sort of the enabler. There you have a lot of organizations, your customers, that are incumbents that they don't wanna get disrupted your part big party roles to help them become that autonomous and press so they don't get disrupted. I wonder if you could maybe maybe comment on How are you doing? >>Yeah, I'll comment and then grant you China, you know. So when you think about banking, for example, highly regulated industry think about RG culture. These are highly regulated industries there. It was very difficult to destruct these industries. But now you look at an Amazon, right? And what is an Amazon or any other tech giants like Apple have? They have incredible amounts of data. They understand how people use for how they want to do banking. And so they've come up with Apple cash or Amazon pay, and these things are starting to eat into the market, right? So you would have never thought and Amazon could be a competition to a banking industry just because of regulations. But they're not hindered by the regulations because they're starting at a different level. And so they become an instant threat in an instant destructive to these highly regulated industries. That's what data does, right when you use data as your DNA for your business and you are sort of born in data or you figured out how to be autonomous. If you will capture value from that data in a very significant manner, then you can get into industries that are not traditionally your own industry. It can be like the food industry can be the cloud industry, the book industry, you know, different industries. So you know that that's what I see happening with the tech giants. >>So great, there's a really interesting point that the Gina is making that you mentioned. You started off with a couple of industries that are highly regulated, the harder to disrupt use, it got disrupted, publishing got disrupted. But you've got these regulated businesses. Defense or automotive actually hasn't been truly disrupted yet. Some Tesla, maybe a harbinger. And so you've got this spectrum of disruption. But is anybody safe from disruption? >>Kind of. I don't think anyone's ever say from it. It's It's changing evolution, right? That you whether it's, you know, swapping horseshoes for cars are TV for movies or Netflix are any sort of evolution of a business You're I wouldn't coast on any of them. And I think to the earlier question around the value that we can help bring the Oracle customers is that you know, we have a rich stack of applications, and I find that the space between the applications, the data that that spans more than one of them is a ripe playground for innovations that where the data already exists inside a company. But it's trapped from both a technology and a business perspective. Uh, and that's where I think really any company can take advantage of knowing it's data better and changing itself to take advantage of what's already there. >>Yet powerful people always throw the bromide out. The data is the new oil, and we've said. No data is far more valuable because you can use it in a lot of different places. Oil you can use once and it's follow the laws of scarcity data if you can unlock it. And so a lot of the incumbents they have built a business around, whatever a factory or a process and people, a lot of the trillion are starting us that have become billionaires. You know, I'm talking about Data's at the core. They're data companies. So So it seems like a big challenge for your incumbent customers. Clients is to put data at the core, be able to break down those silos. How do they do that? >>Grading down silos is really super critical for any business. It was okay to operate in a silo, for example. You would think that, Oh, you know, I could just be payroll and expense reports and it wouldn't matter matter if I get into vendor performance management or purchasing that can operate as a silo. But any movie of finding that there are tremendous insights between vendor performance management I expensive for these things are all connected, so you can't afford to have your data sits in silos. So grading down that silo actually gives the business very good performance, right? Insights that they didn't have before. So that's one way to go. But but another phenomena happens when you start to great down the silos, you start to recognize what data you don't have to take your business to the next level, right. That awareness will not happen when you're working with existing data so that a Venice comes into form when you great the silos and you start to figure out you need to go after a different set of data to get you to a new product creation. What would that look like? New test insights or new cap ex avoidance that that data is just you have to go through the iteration to be able to figure that out. >>It becomes it becomes a business problem, right? If you got a process now where you can identify 75% of the failures and you know the value of the other 25% of failures, that becomes a simple investment. How much money am I willing to invest to knock down some portion that 25% and it changes it from simply an I t problem or expense management problem to you know, the cash problem. >>But you still need a platform that has AP eyes that allows you to bring in those data sets that you don't have access to this enable an enabler. It's not the answer. It's not the outcome in and of itself, but it enables. And >>I always say, you can't have the best toilet if you're coming, doesn't work. You know what I mean? So you have to have your plumbing. Your plumbing has to be more modern. So you have to bring in modern infrastructure distributed computing that that you cannot. There's no compromise there, right? You have to have the right equal system for you to be able to be technologically advanced on a leader in that >>table. Stakes is what you're saying. And so this notion of the autonomous enterprise I would help me here cause I get kind of autonomous and automation coming into I t I t ops. I'm interested in how you see customers taking that beyond the technology organization into the enterprise. >>Yeah, this is this is such a great question, right? This is what I've been talking about all morning. Um, I think when AI is a technology problem, the company is that at a loss AI has to be a business problem. AI has to inform the business strategy. AI has to been companies. The successful companies that have done so. 90% of my investments are going towards state. We know that and most of it going towards AI. There's data out there about this, right? And so we look at what are these? 90 90% of the company's investments. Where are these going and whose doing this right? Who's not doing this right? One of the things we're seeing as results is that the companies that are doing it right have brought data into their business strategy. They've changed their business model, right? So it's not like making a better taxi, but coming up with a bow, right? So it's not like saying Okay, I'm going to have all these. I'm going to be the drug manufacturing company. I'm gonna put drugs out there in the market forces. I'm going to do connected help, right? And so how does data serve the business model of being connected? Help rather than being a drug company selling drugs to my customers, right? It's a completely different way of looking at it. And so now you guys informing drug discovery is not helping you just put more drugs to the market. Rather, it's helping you come up with new drugs that would help the process of connected games. There's a >>lot of discussion in the press about, you know, the ethics of AI, and how far should we take? A far. Can we take it from a technology standpoint, Long road map there? But how far should we take it? Do you feel as though of public policy will take care of that? A lot of that narrative is just kind of journalists looking for, You know, the negative story. Well, that's sort itself out. How much time do you spend with your customers talking about that and is what's Oracle's role there? I mean, Facebook says, Hey, the government should figure this out. What's your point? >>I think everybody has a role. It's a joint role, and none of us could give up our responsibilities as data scientists. We have heavy responsibility in this area on. We have heavy responsibility to advise the clients on the state area. Also, the data we come from the past has to change. That is inherently biased, right? And we tend to put data signs on biased data with the one dimensional view of the data. So we have to start looking at multiple dimensions of the data. It's got to start examining. I call it a responsible AI when you just simply take one variable or start to do machine learning with that because that's not that's not right. You have to examine the data. You got to understand how much biases in the data are you training a machine learning model with the bias? Is there diversity in the models? Is their diversity in the data? These are conversations we need to have. And we absolutely need policy around this because unless our lawmakers start to understand that we need the source of the data to change. And if we look at this, if we look at the source of the data and the source of the data is inherently biased or the source of the data has only a single representation, we're never going to change that downstream. AI is not going to help us. There so that has to change upstream. That's where the policy makers come into into play. The lawmakers come into play, but at the same time as we're building models, I think we have a responsibility to say can be triangle can be built with multiple models. Can we look at the results of these models? How are these feature's ranked? Are they ranked based on biases, sex, HP II, information? Are we taking the P I information out? Are we really looking at one variable? Somebody fell to pay their bill, but they just felt they they build because they were late, right? Voices that they don't have a bank account and be classified. Them is poor and having no bank account, you know what I mean? So all of this becomes part of response >>that humans are inherently biased, and so humans or building algorithms right there. So you say that through iteration, we can stamp out, the buyers >>can stamp out, or we can confront the bias. >>Let's make it transparent, >>make transparent. So I think that even if we can have the trust to be able to have the discussion on, is this data the right data that we're doing the analysis on On start the conversation day, we start to see the change. >>We'll wait so we could make it transparent. And I'm thinking a lot of AI is black box. Is that a problem? Is the black box you know, syndrome an issue or we actually >>is not a black box. We in Oracle, we're building our data science platform with an explicit feature called Explained Ability. Off the model on how the model came up with the features what features they picked. We can rearrange the features that the model picked, citing Explain ability is very important for ordinary people. Trust ai because we can't trust even even they designed This contrast ai right to a large extent. So for us to get to that level, where we can really trust what ai speaking in terms of a modern, we need to have explain ability. And I think a lot of the companies right now are starting to make that as part of their platform. >>So that's your promise. Toe clients is that your AI will be a that's not everybody's promised. I mean, there's a lot of black box and, you know, >>there is, if you go to open source and you start downloading, you'll get a lot of black boss. The other advantage to open source is sometimes you can just modify the black box. You know they can give you access, and you could modify the black box. But if you get companies that have released to open, source it somewhat of a black box, so you have to figure out the balance between you. Don't really worry too much about the black box. If you can see that the model has done a pretty good job as compared to other models, right if I take if I triangulate the results off the algorithm and the triangulation turns out to be reasonable, the accuracy on our values and the Matrix is show reasonable results. Then I don't really have to brief one model is to bias compared to another moderate. But I worry if if there's only one dimension to it. >>Well, ultimately much too much of the data scientists to make dismay, somebody in the business side is going to ask about cause I think this is what the model says. Why is it saying that? And you know, ethical reasons aside, you're gonna want to understand why the predictions are what they are, and certainly as you're going to examine those things as you look at the factors that are causing the predictions on the outcomes, I think there's any sort of business should be asking those responsibility questions of everything they do, ai included, for sure. >>So we're entering a new era. We kind of all agree on that. So I want to just throw a few questions out, have a little fun here, so feel free to answer in any order. So when do you think machines will be able to make better diagnoses than doctors? >>I think they already are making better diagnosis. And there's so much that I found out recently that most of the very complicated cancel surgeries are done by machines doctors to standing by and making sure that the machines are doing it well, right? And so I think the machines are taking over in some aspects. I wouldn't say all aspects. And then there's the bedside manners. You really need the human doctor and you need the comfort of talking to >>a CIO inside man. Okay, when >>do you >>think that driving and owning your own vehicle is going to be the exception rather than the rule >>that I think it's so far ahead. It's going to be very, very near future, you know, because if you've ever driven in an autonomous car, you'll find that after your initial reservations, you're going to feel a lot more safer in an autonomous car because it's it's got a vision that humans don't. It's got a communication mechanism that humans don't right. It's talking to all the fleets of cars. Richardson Sense of data. It's got a richer sense of vision. It's got a richer sense of ability to react when a kid jumps in front of the car where a human will be terrified, not able to make quick decisions, the car can right. But at the same time we're going to have we're gonna have some startup problems, right? We're going to see a I miss file in certain areas, and junk insurance companies are getting gearing themselves up for that because that's just but the data is showing us that we will have tremendously decreased death rates, right? That's a pretty good start to have AI driving up costs right >>believer. Well, as you're right, there's going to be some startup issues because this car, the vehicle has to decide. Teoh kill the person who jumped in front of me. Or do I kill the driver killing? It's overstating, but those are some of the stories >>and humans you don't. You don't question the judgment system for that. >>There's no you person >>that developed right. It's treated as a one off. But I think if you look back, you look back five years where we're way. You figure the pace of innovation and the speed and the gaps that we're closing now, where we're gonna be in five years, you have to figure it's I mean, I don't I have an eight year old son. My question. If he's ever gonna drive a car, yeah, >>How about retail? Do you think retail stores largely will disappear? >>I think retail. Will there be a customer service element to retail? But it will evolve from where it's at in a very, very high stakes, right, because now, with our if I did, you know we used to be invisible as we want. We still aren't invisible as you walk into a retail store, right, Even if you spend a lot of money in in retail. And you know now with buying patterns and knowing who the customer is and your profile is out there on the Web, you know, just getting a sense of who this person is, what their intent is walking into the store and doing doing responsible ai like bringing value to that intent right, not responsible. That will gain the trust. And as people gain the trust and then verify these, you're in the location. You're nearby. You normally by the sword suits on sale, you know, bring it all together. So I think there's a lot of connective tissue work that needs to happen. But that's all coming. It's coming together, >>not the value and what the what? The proposition of the customers. If it's simply there as a place where you go and buy, pick up something, you already know what you're going to get. That story doesn't add value. But if there's something in the human expertise and the shared felt, that experience of being in the store, that's that's where you'll see retailers differentiate themselves. I >>like, yeah, yeah, yeah, >>you mentioned Apple pay before you think traditional banks will lose control of payment systems, >>They're already losing control of payment systems, right? I mean, if you look at there was no reason for the banks to create Siri like assistance. They're all over right now, right? And we started with Alexa first. So you can see the banks are trying to be a lot more customized customer service, trying to be personalized, trying to really make it connect to them in a way that you have not connected to the bank before. The way we connected to the bank is you know, you knew the person at the bank for 20 years or since when you had your first bank account, right? That's how you connect with the banks. And then you go to a different branch, and then all of a sudden you're invisible, right? Nobody knows you. Nobody knows that you were 20 years with the bank. That's changing, right? They're keeping track of which location you're going to and trying to be a more personalized. So I think ai is is a forcing function in some ways to provide more value. If anything, >>we're definitely entering a new era. The age of of AI of the autonomous enterprise folks, thanks very much for great segment. Really appreciate it. >>Yeah. Pleasure. Thank you for having us. >>All right. And thank you and keep it right there. We'll be back with our next guest right after this short break. You're watching the Cube's coverage of the rebirth of Oracle consulting right back. Yeah, yeah, yeah, yeah.
SUMMARY :
I want to start with you because you get strategy And if you look at the modern enterprise So there's about five or six things that I want to follow up with you there. for the generation of Ai, if you will. I mean, the dupe everybody was crazy. of the data needs to scale. Today it's got all this data you apply machine intelligence and cloud gives you scale. you often get things that look a lot like what you already knew because you're dealing with your existing data set I feel like it's going to change, and you just started to touch on some of it. that nobody else has to derive business value, if you will. So if you think about the way that the industry seems to be restructuring around data. It can be like the food industry can be the cloud industry, the book industry, you know, different industries. So great, there's a really interesting point that the Gina is making that you mentioned. question around the value that we can help bring the Oracle customers is that you the laws of scarcity data if you can unlock it. the silos, you start to recognize what data you don't have to take your business to the of the failures and you know the value of the other 25% of failures, that becomes a simple investment. that you don't have access to this enable an enabler. You have to have the right equal system for you to be able to be technologically advanced on I'm interested in how you see customers taking that beyond the And so now you guys informing drug discovery lot of discussion in the press about, you know, the ethics of AI, and how far should we take? You got to understand how much biases in the data are you training a machine learning So you say that through iteration, we can stamp out, the buyers So I think that even if we can have the trust to be able to have the discussion Is the black box you know, syndrome an issue or we And I think a lot of the companies right now are starting to make that I mean, there's a lot of black box and, you know, The other advantage to open source is sometimes you can just modify the black box. And you know, ethical reasons aside, you're gonna want to understand why the So when do you think machines will be able to make better diagnoses than doctors? and you need the comfort of talking to a CIO inside man. you know, because if you've ever driven in an autonomous car, you'll find that after Or do I kill the driver killing? and humans you don't. the gaps that we're closing now, where we're gonna be in five years, you have to figure it's I mean, And you know now with buying patterns and knowing who the customer is and your profile where you go and buy, pick up something, you already know what you're going to get. And then you go to a different branch, and then all of a sudden you're invisible, The age of of AI of the autonomous enterprise Thank you for having us. And thank you and keep it right there.
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Chris Lynch, AtScale | MIT CDOIQ 2019
>> From Cambridge, Massachusetts it's theCUBE, covering MIT Chief Data Officer and Information Quality Symposium 2019. Brought to you by, SiliconANGLE Media. >> Welcome back to Cambridge, Massachusetts, everybody. You're watching theCUBE, the leader in live tech coverage. I'm Dave Vellante with my co-host, Paul Gillan. Chris Lynch, good friend is here CEO, newly minted CEO and AtScale and legend. Good to see you. >> In my own mind. >> In mine too. >> It's great to be here. >> It's awesome, thank you for taking time. I know how busy you are, you're running around like crazy your next big thing. I was excited to hear that you got back into it. I predicted it a while ago you were a very successful venture capitalists but at heart, you're startup guy, aren't ya? >> Yeah 100%, 100%. I couldn't be more thrilled, I feel invigorated. I think I've told you many times, when you've interviewed me and asked me about the transition from being an entrepreneur to being a VC and since it's a PG show, I've got a different analog than the one I usually give you. I used to be a movie star and now I'm an executive producer of movies. Now am back to being a movie star, hopefully. >> yeah well, so you told me when you first became a VC you said, I look for startups that have a 10X impact either 10X value, 10X cost reduction. What was it that attracted you to AtScale? What's the 10X? >> AtScale, addresses $150 billion market problem which is basically bringing traditional BI to the cloud. >> That's the other thing you told me, big markets. >> Yeah, so that's the first thing massive market opportunity. The second is, the innovation component and where the 10X comes we're uniquely qualified to virtualize data into the pipeline and out. So I like to say that we're the bridge between BI and AI and back. We make every BI user, a citizen data scientist and that's a game changer. And that's sort of the new futuristic component of what we do. So one part is steeped in, that $150 billion BI marketplace in a traditional analytics platforms and then the second piece is into you delivering the data, into these BI excuse me, these AI machine learning platforms. >> Do you see that ultimately getting integrated into some kind of larger, data pipeline framework. I mean, maybe it lives in the cloud or maybe on prem, how do you see that evolving over time? >> So I believe that, with AtScale as one single pane of glass, we basically are providing an API, to the data and to the user, one single API. The reason that today we haven't seen the delivery of the promise of big data is because we don't have big data. Fortunate 2000 companies don't have big data. They have lots of data but to me big data means you can have one logical view of that data and get the best data pumped into these models in these tools, and today that's not the case. They're constricted by location they're constricted by vendor they're constricted by whether it's in the cloud or on prem. We eliminate those restrictions. >> The single API, I think is important actually. Because when you look at some of these guys what they're doing with their data pipeline they might have 10 or 15 unique API's that they're trying to manage. So there's a simplification aspect to, I suppose. >> One of the knocks on traditional BI has always been the need for extract databases and all the ETL that goes that's involved in that. Do you guys avoid that stage? You go to the production data directly or what's the-- >> It's a great question. The way I put it is, we bring Moses to the mountain the mountain being the data, Moses being the user. Traditionally, what people have been trying to do is bring the mountain to Moses, doesn't scale. At AtScale, we provide an abstraction a logical distraction between the data and the BI user. >> You don't touch, you don't move the data. >> We don't move the data. Which is what's unique and that's what's delivering I think, way more than a 10X delivery in value. >> Because you leave the data in place you bring that value to wherever the data is. Which is the original concept of Hadoop, by the way. That was what was profound about Hadoop everybody craps on it now, but that was the game changer and if you could take advantage of that that's how you tap your 10X. >> To the difference is, we're not, to your point we're not moving the data. Hadoop, in my humble opinion why it plateaued is because to get the value, you had to ask the user to bring and put data in yet another platform. And the reason that we're not delivering on big data as an industry, I believe is because we've too many data sources, too many platforms too many consumers of data and too many producers. As we build all these islands of data, with no connectivity. The idea is, we'll create this big data lake and we're going to physically put everything in there. Guess what? Someday turned out to be never. Because people aren't going to deal with the business disruption. We move thousands of users from a platform like Teradata to a platform like Snowflake or Google BigQuery, we don't care. We're a multi-cloud and we're a hybrid cloud. But we do it without any disruption. You're using Excel, you just continue and use it. You just see the results are faster. You use Tableau, same difference. >> So we had all the vertical rock stars in here. So we had Colin in yesterday, we had Stonebraker around earlier. Andy Palmer just came on and Chris here with the CEO who ultimately sold the company to HP. That really didn't do anything with it and then spun it off and now it's back. Aaron was, he had a spring in his step yesterday. So when you think about, Vertica. The technology behind Vertica go back 10 years and where we come now give us a little journey of, your data journey. >> So I think it plays into the, the original assertion is that, vertical is a best-in-class platform for analytics but it was yet another platform. The analog I give now, is now we have Snowflake and six months, 12 months from now we're going to have another one. And that creates a set of problems if you have to live in the physical world. Because you've all these islands of data and I believe, it's about the data not about the models, it's about the data. You can't get optimal results if you don't have an optimal access to the pertinent data. I believe that having that Universal API is going to make the next platform that more valuable. You're not going to be making the trade-off is, okay we have this platform that has some neat capability but the trade-off is from an enterprise architecture perspective we're never going to be able to connect all this stuff. That's how all of these things proliferated. My view is, in a world where you have that single pane of glass, that abstraction layer between the user and the data. Then innovation can be spawned quicker and you can use these tools effectively 'cause you're not compromising being able to get a logical view of the data and get access to it as a user. >> What's your issue with Snowflake you mentioned them, Mugli's company-- >> No issue, they're a great partner of ours. We eliminate the friction between the user going from an on-prem solution to the cloud. >> Slootman just took over there. So you know where that's going. >> Yep (laughing) >> Frank's got the magic touch. Okay good, you say they're a partner yours how are you guys partnering? >> They refer us into customers that, if you want to buy Snowflake now the next issue is, how do i migrate? You don't. You put our virtualization layer in and then we allow you access to Snowflake in a non-disruptive way, versus having to move data into their system or into a particular cloud which creates sales friction. >> Moving data is just, you want to avoid it at all cost. >> I do want to ask you because I met with your predecessors, Dave Mariani last year and I know he was kind of a reluctant CEO he didn't really want to be CEO but wanted to be CTO, which is what he is now. How did that come about, that they found you that you connected with them and decided this was the right opportunity. >> That's a great question. I actually looked at the company at the seed stage when I was in venture, but I had this thing as you know that, I wanted to move companies to Boston and they're about my vintage age-wise and he's married with four kids so that wasn't in the cards. I said look, it doesn't make sense for me to seed this company 'cause I can't give you the time you're out in California everything I'm instrumenting is around Boston. We parted friends. And I was skeptical whether he could build this 'cause people have been talking about building a heterogeneous universal semantic layer, for years and it's never come to fruition. And then he read in Fortune or Forbes that I was leaving Accomplice and that I was looking for one more company to operate. He reached out and he told me what they were doing that hey, we really built it but we need help and I don't want to run this. It's not right for the company and the opportunity So he said, "I'll come and I'll consult to you." I put together a plan and I had my Vertica and data robot. NekTony guys do the technical diligence to make sure that the architecture wasn't wedded to the dupe, like all the other ones were and when I saw it wasn't then I knew the market opportunity was to take that, rifle and point it at that legacy $150 billion BI market not at the billion dollar market of Hadoop. And when we did that, we've been growing at 162% quarter-over-quarter. We've built development centers in Bulgaria. We've moved all operations, non-technical to Boston here down in our South Station. We've been on fire and we are the partner of choice of every cloud manner, because we eliminate the sales friction, for customers being able to take advantage of movement to the cloud and we're able through our intelligent pipeline and capability. We're able to reduce the cost significantly of queries because we understand and we were able to intelligently cash those queries. >> Sales ops is here, all-- >> Sales marketing, customer support, customer success and we're building a machine learning team here at Dev team here. >> Where are you in that sort of Boston build-out? >> We have an office on 711 Atlantic that we opened in the fall. We're actually moving from 4,000 square feet to 10,000 this month. In less than six months and we'll house by the first year, 100 employees in Boston 100 in Bulgaria and about that same hundred in San Mateo. >> Are you going after net new business mainly? Or there's a lot of legacy BI out there are you more displacing those products? >> A couple of things. What we find is that, customers want to evolve into the cloud, they don't want a revolution they want a evolution. So we allow them, because we support hybrid cloud to keep some data behind the firewall and then experiment with moving other data to the cloud platform of choice but we're still providing that one logical view. I would say most of our customers are looking to reap platform, off of Teradata or something onto a, another platform like Snowflake. And then we have a set of customers that see that as part of the solution but not the whole solution. They're more true hybrids but I would say that 80% of our customers are traditional BI customers that are trying to contemporize their environments and be able to take advantage of tabular support and multidimensional, the things that we do in addition to the cube world. >> They can keep whatever they're using. >> Correct, that's the key. >> Did you do the series D, you did, right? >> Yes, Morgan Stanely led. >> So you're not actively but you're good for now, It was like $50 million >> Yeah we raised $50 million. >> You're good for a bit. Who's in the Chris Lynch target? (laughs) Who's the enemy? Vertica, I could say it was the traditional database guys. Who's the? >> We're in a unique position, we're almost Switzerland so we could be friend to foe, of anybody in that ecosystem because we can, non-disruptively re-platform customers between legacy platforms or from legacy platforms to the cloud. We're an interesting position. >> So similar to the file sharing. File virtualization company >> The Copier. >> Copier yeah. >> It puts us in an interesting position. They need to be friends with us and at the same time I'm sure that they're concerned about the capabilities we have but we have a number of retail customers for instance that have asked us to move down from Amazon to Google BigQuery, which we accommodate and because we can do that non-disruptively. The cost and the ability to move is eliminated. It gives customers true freedom of choice. >> How worried are you, that AWS tries to replicate what you guys do. You're in their sights. >> I think there are technical, legal and structural barriers to them doing that. The technical is, this team has been at it for six and a half years. So to do what we do, they'll have to do what we've done. Structurally from a business perspective if they could, I'm not sure they want to. The way to think about Amazon is, they're no different than Teradata, except for they want the same vendor lock-in except they want it to be the Amazon Cloud when Teradata wanted it to be, their data warehouse. >> They don't promote multi-cloud versus-- >> Yeah, they don't want multi-cloud they don't want >> On Prem >> Customers to have a freedom of choice. Would they really enable a heterogeneous abstraction layer, I don't think they would nor do I think any of the big guys would. They all claim to have this capability for their system. It's like the old IBM adage I'm in prison but the food's going to get three squares a day, I get cable TV but I'm in prison. (laughing) >> Awesome, all right, parting thoughts. >> Parting thoughts, oh geez you got to give me a question I'm not that creative. >> What's next, for you guys? What should we be paying attention to? >> I think you're going to see some significant announcements in September regarding the company and relationships that I think will validate the impact we're having in the market. >> Give you some leverage >> Yeah, will give us, better channel leverage. We have a major technical announcement that I think will be significant to the marketplace and what will be highly disruptive to some of the people you just mentioned. In terms of really raising the bar for customers to be able to have the freedom of choice without any sort of vendor lock-in. And I think that that will create some counter strike which we'll be ready for. (laughing) >> If you've never heard of AtScale before trust me you're going to in the next 18 months. Chris Lynch, thanks so much for coming on theCUBE. >> It's my pleasure. >> Great to see you. All right, keep it right there everybody we're back with our next guest, right after this short break you're watching theCUBE from MIT, right back. (upbeat music)
SUMMARY :
Brought to you by, SiliconANGLE Media. Good to see you. that you got back into it. and asked me about the transition What was it that attracted you to AtScale? traditional BI to the cloud. That's the other thing and then the second piece is into you I mean, maybe it lives in the cloud and get the best data Because when you look and all the ETL that goes is bring the mountain don't move the data. We don't move the data. and if you could take advantage of that is because to get the value, So when you think about, Vertica. and I believe, it's about the data We eliminate the friction between the user So you know where that's going. Frank's got the magic touch. and then we allow you access to Snowflake you want to avoid it that they found you and it's never come to fruition. and we're building a by the first year, 100 employees in Boston the things that we do Who's in the Chris Lynch target? to the cloud. So similar to the file sharing. about the capabilities we have tries to replicate what you guys do. So to do what we do, they'll I'm in prison but the food's you got to give me a question in September regarding the to some of the people you just mentioned. in the next 18 months. Great to see you.
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Susan Wilson, Informatica & Blake Andrews, New York Life | MIT CDOIQ 2019
(techno music) >> From Cambridge, Massachusetts, it's theCUBE. Covering MIT Chief Data Officer and Information Quality Symposium 2019. Brought to you by SiliconANGLE Media. >> Welcome back to Cambridge, Massachusetts everybody, we're here with theCUBE at the MIT Chief Data Officer Information Quality Conference. I'm Dave Vellante with my co-host Paul Gillin. Susan Wilson is here, she's the vice president of data governance and she's the leader at Informatica. Blake Anders is the corporate vice president of data governance at New York Life. Folks, welcome to theCUBE, thanks for coming on. >> Thank you. >> Thank you. >> So, Susan, interesting title; VP, data governance leader, Informatica. So, what are you leading at Informatica? >> We're helping our customers realize their business outcomes and objectives. Prior to joining Informatica about 7 years ago, I was actually a customer myself, and so often times I'm working with our customers to understand where they are, where they going, and how to best help them; because we recognize data governance is more than just a tool, it's a capability that represents people, the processes, the culture, as well as the technology. >> Yeah so you've walked the walk, and you can empathize with what your customers are going through. And Blake, your role, as the corporate VP, but more specifically the data governance lead. >> Right, so I lead the data governance capabilities and execution group at New York Life. We're focused on providing skills and tools that enable government's activities across the enterprise at the company. >> How long has that function been in place? >> We've been in place for about two and half years now. >> So, I don't know if you guys heard Mark Ramsey this morning, the key-note, but basically he said, okay, we started with enterprise data warehouse, we went to master data management, then we kind of did this top-down enterprise data model; that all failed. So we said, all right, let's pump the governance. Here you go guys, you fix our corporate data problem. Now, right tool for the right job but, and so, we were sort of joking, did data governance fail? No, you always have to have data governance. It's like brushing your teeth. But so, like I said, I don't know if you heard that, but what are your thoughts on that sort of evolution that he described? As sort of, failures of things like EDW to live up to expectations and then, okay guys over to you. Is that a common theme? >> It is a common theme, and what we're finding with many of our customers is that they had tried many of the, if you will, the methodologies around data governance, right? Around policies and structures. And we describe this as the Data 1.0 journey, which was more application-centric reporting to Data 2.0 to data warehousing. And a lot of the failed attempts, if you will, at centralizing, if you will, all of your data, to now Data 3.0, where we look at the explosion of data, the volumes of data, the number of data consumers, the expectations of the chief data officer to solve business outcomes; crushing under the scale of, I can't fit all of this into a centralized data at repository, I need something that will help me scale and to become more agile. And so, that message does resonate with us, but we're not saying data warehouses don't exist. They absolutely do for trusted data sources, but the ability to be agile and to address many of your organizations needs and to be able to service multiple consumers is top-of-mind for many of our customers. >> And the mind set from 1.0 to 2.0 to 3.0 has changed. From, you know, data as a liability, to now data as this massive asset. It's sort of-- >> Value, yeah. >> Yeah, and the pendulum is swung. It's almost like a see-saw. Where, and I'm not sure it's ever going to flip back, but it is to a certain extent; people are starting to realize, wow, we have to be careful about what we do with our data. But still, it's go, go, go. But, what's the experience at New York Life? I mean, you know. A company that's been around for a long time, conservative, wants to make sure risk averse, obviously. >> Right. >> But at the same time, you want to keep moving as the market moves. >> Right, and we look at data governance as really an enabler and a value-add activity. We're not a governance practice for the sake of governance. We're not there to create a lot of policies and restrictions. We're there to add value and to enable innovation in our business and really drive that execution, that efficiency. >> So how do you do that? Square that circle for me, because a lot of people think, when people think security and governance and compliance they think, oh, that stifles innovation. How do you make governance an engine of innovation? >> You provide transparency around your data. So, it's transparency around, what does the data mean? What data assets do we have? Where can I find that? Where are my most trusted sources of data? What does the quality of that data look like? So all those things together really enable your data consumers to take that information and create new value for the company. So it's really about enabling your value creators throughout the organization. >> So data is an ingredient. I can tell you where it is, I can give you some kind of rating as to the quality of that data and it's usefulness. And then you can take it and do what you need to do with it in your specific line of business. >> That's right. >> Now you said you've been at this two and half years, so what stages have you gone through since you first began the data governance initiative. >> Sure, so our first year, year and half was really focused on building the foundations, establishing the playbook for data governance and building our processes and understanding how data governance needed to be implemented to fit New York Life in the culture of the company. The last twelve months or so has really been focused on operationalizing governance. So we've got the foundations in place, now it's about implementing tools to further augment those capabilities and help assist our data stewards and give them a better skill set and a better tool set to do their jobs. >> Are you, sort of, crowdsourcing the process? I mean, you have a defined set of people who are responsible for governance, or is everyone taking a role? >> So, it is a two-pronged approach, we do have dedicated data stewards. There's approximately 15 across various lines of business throughout the company. But, we are building towards a data democratization aspect. So, we want people to be self-sufficient in finding the data that they need and understanding the data. And then, when they have questions, relying on our stewards as a network of subject matter experts who also have some authorizations to make changes and adapt the data as needed. >> Susan, one of the challenges that we see is that the chief data officers often times are not involved in some of these skunkworks AI projects. They're sort of either hidden, maybe not even hidden, but they're in the line of business, they're moving. You know, there's a mentality of move fast and break things. The challenge with AI is, if you start operationalizing AI and you're breaking things without data quality, without data governance, you can really affect lives. We've seen it. In one of these unintended consequences. I mean, Facebook is the obvious example and there are many, many others. But, are you seeing that? How are you seeing organizations dealing with that problem? >> As Blake was mentioning often times what it is about, you've got to start with transparency, and you got to start with collaborating across your lines of businesses, including the data scientists, and including in terms of what they are doing. And actually provide that level of transparency, provide a level of collaboration. And a lot of that is through the use of our technology enablers to basically go out and find where the data is and what people are using and to be able to provide a mechanism for them to collaborate in terms of, hey, how do I get access to that? I didn't realize you were the SME for that particular component. And then also, did you realize that there is a policy associated to the data that you're managing and it can't be shared externally or with certain consumer data sets. So, the objective really is around how to create a platform to ensure that any one in your organization, whether I'm in the line of business, that I don't have a technical background, or someone who does have a technical background, they can come and access and understand that information and connect with their peers. >> So you're helping them to discover the data. What do you do at that stage? >> What we do at that stage is, creating insights for anyone in the organization to understand it from an impact analysis perspective. So, for example, if I'm going to make changes, to as well as discovery. Where exactly is my information? And so we have-- >> Right. How do you help your customers discover that data? >> Through machine learning and artificial intelligence capabilities of our, specifically, our data catalog, that allows us to do that. So we use such things like similarity based matching which help us to identify. It doesn't have to be named, in miscellaneous text one, it could be named in that particular column name. But, in our ability to scan and discover we can identify in that column what is potentially social security number. It might have resided over years of having this data, but you may not realize that it's still stored there. Our ability to identify that and report that out to the data stewards as well as the data analysts, as well as to the privacy individuals is critical. So, with that being said, then they can actually identify the appropriate policies that need to be adhered to, alongside with it in terms of quality, in terms of, is there something that we need to archive. So that's where we're helping our customers in that aspect. >> So you can infer from the data, the meta data, and then, with a fair degree of accuracy, categorize it and automate that. >> Exactly. We've got a customer that actually ran this and they said that, you know, we took three people, three months to actually physically tag where all this information existed across something like 7,000 critical data elements. And, basically, after the set up and the scanning procedures, within seconds we were able to get within 90% precision. Because, again, we've dealt a lot with meta data. It's core to our artificial intelligence and machine learning. And it's core to how we built out our platforms to share that meta data, to do something with that meta data. It's not just about sharing the glossary and the definition information. We also want to automate and reduce the manual burden. Because we recognize with that scale, manual documentation, manual cataloging and tagging just, >> It doesn't work. >> It doesn't work. It doesn't scale. >> Humans are bad at it. >> They're horrible at it. >> So I presume you have a chief data officer at New York Life, is that correct? >> We have a chief data and analytics officer, yes. >> Okay, and you work within that group? >> Yes, that is correct. >> Do you report it to that? >> Yes, so-- >> And that individual, yeah, describe the organization. >> So that sits in our lines of business. Originally, our data governance office sat in technology. And then, our early 2018 we actually re-orged into the business under the chief data and analytics officer when that role was formed. So we sit under that group along with a data solutions and governance team that includes several of our data stewards and also some others, some data engineer-type roles. And then, our center for data science and analytics as well that contains a lot of our data science teams in that type of work. >> So in thinking about some of these, I was describing to Susan, as these skunkworks projects, is the data team, the chief data officer's team involved in those projects or is it sort of a, go run water through the pipes, get an MVP and then you guys come in. How does that all work? >> We're working to try to centralize that function as much as we can, because we do believe there's value in the left hand knowing what the right hand is doing in those types of things. So we're trying to build those communications channels and build that network of data consumers across the organization. >> It's hard right? >> It is. >> Because the line of business wants to move fast, and you're saying, hey, we can help. And they think you're going to slow them down, but in fact, you got to make the case and show the success because you're actually not going to slow them down to terms of the ultimate outcome. I think that's the case that you're trying to make, right? >> And that's one of the things that we try to really focus on and I think that's one of the advantages to us being embedded in the business under the CDAO role, is that we can then say our objectives are your objectives. We are here to add value and to align with what you're working on. We're not trying to slow you down or hinder you, we're really trying to bring more to the table and augment what you're already trying to achieve. >> Sometimes getting that organization right means everything, as we've seen. >> Absolutely. >> That's right. >> How are you applying governance discipline to unstructured data? >> That's actually something that's a little bit further down our road map, but one of the things that we have started doing is looking at our taxonomy's for structured data and aligning those with the taxonomy's that we're using to classify unstructured data. So, that's something we're in the early stages with, so that when we get to that process of looking at more of our unstructured content, we can, we already have a good feel for there's alignment between the way that we think about and organize those concepts. >> Have you identified automation tools that can help to bring structure to that unstructured data? >> Yes, we have. And there are several tools out there that we're continuing to investigate and look at. But, that's one of the key things that we're trying to achieve through this process is bringing structure to unstructured content. >> So, the conference. First year at the conference. >> Yes. >> Kind of key take aways, things that interesting to you, learnings? >> Oh, yes, well the number of CDO's that are here and what's top of mind for them. I mean, it ranges from, how do I stand up my operating model? We just had a session just about 30 minutes ago. A lot of questions around, how do I set up my organization structure? How do I stand up my operating model so that I could be flexible? To, right, the data scientists, to the folks that are more traditional in structured and trusted data. So, still these things are top-of-mind and because they're recognizing the market is also changing too. And the growing amount of expectations, not only solving business outcomes, but also regulatory compliance, privacy is also top-of-mind for a lot of customers. In terms of, how would I get started? And what's the appropriate structure and mechanism for doing so? So we're getting a lot of those types of questions as well. So, the good thing is many of us have had years of experience in this phase and the convergence of us being able to support our customers, not only in our principles around how we implement the framework, but also the technology is really coming together very nicely. >> Anything you'd add, Blake? >> I think it's really impressive to see the level of engagement with thought leaders and decision makers in the data space. You know, as Susan mentioned, we just got out of our session and really, by the end of it, it turned into more of an open discussion. There was just this kind of back and forth between the participants. And so it's really engaging to see that level of passion from such a distinguished group of individuals who are all kind of here to share thoughts and ideas. >> Well anytime you come to a conference, it's sort of any open forum like this, you learn a lot. When you're at MIT, it's like super-charged. With the big brains. >> Exactly, you feel it when you come on the campus. >> You feel smarter when you walk out of here. >> Exactly, I know. >> Well, guys, thanks so much for coming to theCUBE. It was great to have you. >> Thank you for having us. We appreciate it, thank you. >> You're welcome. All right, keep it right there everybody. Paul and I will be back with our next guest. You're watching theCUBE from MIT in Cambridge. We'll be right back. (techno music)
SUMMARY :
Brought to you by SiliconANGLE Media. Susan Wilson is here, she's the vice president So, what are you leading at Informatica? and how to best help them; but more specifically the data governance lead. Right, so I lead the data governance capabilities and then, okay guys over to you. And a lot of the failed attempts, if you will, And the mind set from 1.0 to 2.0 to 3.0 has changed. Where, and I'm not sure it's ever going to flip back, But at the same time, Right, and we look at data governance So how do you do that? What does the quality of that data look like? and do what you need to do with it so what stages have you gone through in the culture of the company. in finding the data that they need is that the chief data officers often times and to be able to provide a mechanism What do you do at that stage? So, for example, if I'm going to make changes, How do you help your customers discover that data? and report that out to the data stewards and then, with a fair degree of accuracy, categorize it And it's core to how we built out our platforms It doesn't work. And that individual, And then, our early 2018 we actually re-orged is the data team, the chief data officer's team and build that network of data consumers but in fact, you got to make the case and show the success and to align with what you're working on. Sometimes getting that organization right but one of the things that we have started doing is bringing structure to unstructured content. So, the conference. And the growing amount of expectations, and decision makers in the data space. it's sort of any open forum like this, you learn a lot. when you come on the campus. Well, guys, thanks so much for coming to theCUBE. Thank you for having us. Paul and I will be back with our next guest.
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Robert Abate, Global IDS | MIT CDOIQ 2019
>> From Cambridge, Massachusetts, it's theCUBE. Covering MIT Chief Data Officer and Information Quality Symposium 2019. Brought to you by SiliconANGLE Media. (futuristic music) >> Welcome back to Cambridge, Massachusetts everybody. You're watching theCUBE, the leader in live tech coverage. We go out to the events and we extract the signal from the noise. This is day two, we're sort of wrapping up the Chief Data Officer event. It's MIT CDOIQ, it started as an information quality event and with the ascendancy of big data the CDO emerged and really took center stage here. And it's interesting to know that it's kind of come full circle back to information quality. People are realizing all this data we have, you know the old saying, garbage in, garbage out. So the information quality worlds and this chief data officer world have really come colliding together. Robert Abate is here, he's the Vice President and CDO of Global IDS and also the co-chair of next year's, the 14th annual MIT CDOIQ. Robert, thanks for coming on. >> Oh, well thank you. >> Now you're a CDO by background, give us a little history of your career. >> Sure, sure. Well I started out with an Electrical Engineering degree and went into applications development. By 2000, I was leading the Ralph Lauren's IT, and I realized when Ralph Lauren hired me, he was getting ready to go public. And his problem was he had hired eight different accounting firms to do eight different divisions. And each of those eight divisions were reporting a number, but the big number didn't add up, so he couldn't go public. So he searched the industry to find somebody who could figure out the problem. Now I was, at the time, working in applications and had built this system called Service Oriented Architectures, a way of integrating applications. And I said, "Well I don't know if I could solve the problem, "but I'll give it a shot." And what I did was, just by taking each silo as it's own problem, which was what EID Accounting Firm had done, I was able to figure out that one of Ralph Lauren's policies was if you buy a garment, you can return it anytime, anywhere, forever, however long you own it. And he didn't think about that, but what that meant is somebody could go to a Bloomingdale's, buy a garment and then go to his outlet store and return it. Well, the cross channels were different systems. So the outlet stores were his own business, retail was a different business, there was a completely different, each one had their own AS/400, their own data. So what I quickly learned was, the problem wasn't the systems, the problem was the data. And it took me about two months to figure it out and he offered me a job, he said well, I was a consultant at the time, he says, "I'm offering you a job, you're going to run my IT." >> Great user experience but hard to count. >> (laughs) Hard to count. So that's when I, probably 1999 was when that happened. I went into data and started researching-- >> Sorry, so how long did it take you to figure that out? You said a couple of months? >> A couple of months, I think it was about two months. >> 'Cause jeez, it took Oracle what, 10 years to build Fusion with SOA? That's pretty good. (laughs) >> This was a little bit of luck. When we started integrating the applications we learned that the messages that we were sending back and forth didn't match, and we said, "Well that's impossible, it can't not match." But what didn't match was it was coming from one channel and being returned in another channel, and the returns showed here didn't balance with the returns on this side. So it was a data problem. >> So a forensics showdown. So what did you do after? >> After that I went into ICICI Bank which was a large bank in India who was trying to integrate their systems, and again, this was a data problem. But they heard me giving a talk at a conference on how SOA had solved the data challenge, and they said, "We're a bank with a wholesale, a retail, "and other divisions, "and we can't integrate the systems, can you?" I said, "Well yeah, I'd build a website "and make them web services and now what'll happen is "each of those'll kind of communicate." And I was at ICICI Bank for about six months in Mumbai, and finished that which was a success, came back and started consulting because now a lot of companies were really interested in this concept of Service Oriented Architectures. Back then when we first published on it, myself, Peter Aiken, and a gentleman named Joseph Burke published on it in 1996. The publisher didn't accept the book, it was a really interesting thing. We wrote the book called, "Services Based Architectures: A Way to Integrate Systems." And the way Wiley & Sons, or most publishers work is, they'll have three industry experts read your book and if they don't think what you're saying has any value, they, forget about it. So one guy said this is brilliant, one guy says, "These guys don't know what they're talking about," and the third guy says, "I don't even think what they're talking about is feasible." So they decided not to publish. Four years later it came back and said, "We want to publish the book," and Peter said, "You know what, they lost their chance." We were ahead of them by four years, they didn't understand the technology. So that was kind of cool. So from there I went into consulting, eventually took a position as the Head of Enterprise and Director of Enterprise Information Architecture with Walmart. And Walmart, as you know, is a huge entity, almost the size of the federal government. So to build an architecture that integrates Walmart would've been a challenge, a behemoth challenge, and I took it on with a phenomenal team. >> And when was this, like what timeframe? >> This was 2010, and by the end of 2010 we had presented an architecture to the CIO and the rest of the organization, and they came back to me about a week later and said, "Look, everybody agrees what you did was brilliant, "but nobody knows how to implement it. "So we're taking you away, "you're no longer Director of Information Architecture, "you're now Director of Enterprise Information Management. "Build it. "Prove that what you say you could do, you could do." So we built something called the Data CAFE, and CAFE was an acronym, it stood for: Collaborative Analytics Facility for the Enterprise. What we did was we took data from one of the divisions, because you didn't want to take on the whole beast, boil the ocean. We picked Sam's Club and we worked with their CFO, and because we had information about customers we were able to build a room with seven 80 inch monitors that surrounded anyone in the room. And in the center was the Cisco telecommunications so you could be a part of a meeting. >> The TelePresence. >> TelePresence. And we built one room in one facility, and one room in another facility, and we labeled the monitors, one red, one blue, one green, and we said, "There's got to be a way where we can build "data science so it's interactive, so somebody, "an executive could walk into the room, "touch the screen, and drill into features. "And in another room "the features would be changing simultaneously." And that's what we built. The room was brought up on Black Friday of 2013, and we were able to see the trends of sales on the East Coast that we quickly, the executives in the room, and these are the CEO of Walmart and the heads of Sam's Club and the like, they were able to change the distribution in the Mountain Time Zone and west time zones because of the sales on the East Coast gave them the idea, well these things are going to sell, and these things aren't. And they saw a tremendous increase in productivity. We received the 2014, my team received the 2014 Walmart Innovation Project of the Year. >> And that's no slouch. Walmart has always been heavily data-oriented. I don't know if it's urban legend or not, but the famous story in the '80s of the beer and the diapers, right? Walmart would position beer next to diapers, why would they do that? Well the father goes in to buy the diapers for the baby, picks up a six pack while he's on the way, so they just move those proximate to each other. (laughs) >> In terms of data, Walmart really learned that there's an advantage to understanding how to place items in places that, a path that you might take in a store, and knowing that path, they actually have a term for it, I believe it's called, I'm sorry, I forgot the name but it's-- >> Selling more stuff. (laughs) >> Yeah, it's selling more stuff. It's the way you position items on a shelf. And Walmart had the brilliance, or at least I thought it was brilliant, that they would make their vendors the data champion. So the vendor, let's say Procter & Gamble's a vendor, and they sell this one product the most. They would then be the champion for that aisle. Oh, it's called planogramming. So the planogramming, the way the shelves were organized, would be set up by Procter & Gamble for that entire area, working with all their other vendors. And so Walmart would give the data to them and say, "You do it." And what I was purporting was, well, we shouldn't just be giving the data away, we should be using that data. And that was the advent of that. From there I moved to Kimberly-Clark, I became Global Director of Enterprise Data Management and Analytics. Their challenge was they had different teams, there were four different instances of SAP around the globe. One for Latin America, one for North America called the Enterprise Edition, one for EMEA, Europe, Middle East, and Africa, and one for Asia-Pacific. Well when you have four different instances of SAP, that means your master data doesn't exist because the same thing that happens in this facility is different here. And every company faces this challenge. If they implement more than one of a system the specialty fields get used by different companies in different ways. >> The gold standard, the gold version. >> The golden version. So I built a team by bringing together all the different international teams, and created one team that was able to integrate best practices and standards around data governance, data quality. Built BI teams for each of the regions, and then a data science and advanced analytics team. >> Wow, so okay, so that makes you uniquely qualified to coach here at the conference. >> Oh, I don't know about that. (laughs) There are some real, there are some geniuses here. >> No but, I say that because these are your peeps. >> Yes, they are, they are. >> And so, you're a practitioner, this conference is all about practitioners talking to practitioners, it's content-heavy, There's not a lot of fluff. Lunches aren't sponsored, there's no lanyard sponsor and it's not like, you know, there's very subtle sponsor desks, you have to have sponsors 'cause otherwise the conference's not enabled, and you've got costs associated with it. But it's a very intimate event and I think you guys want to keep it that way. >> And I really believe you're dead-on. When you go to most industry conferences, the industry conferences, the sponsors, you know, change the format or are heavily into the format. Here you have industry thought leaders from all over the globe. CDOs of major Fortune 500 companies who are working with their peers and exchanging ideas. I've had conversations with a number of CDOs and the thought leadership at this conference, I've never seen this type of thought leadership in any conference. >> Yeah, I mean the percentage of presentations by practitioners, even when there's a vendor name, they have a practitioner, you know, internal practitioner presenting so it's 99.9% which is why people attend. We're moving venues next year, I understand. Just did a little tour of the new venue, so, going to be able to accommodate more attendees, so that's great. >> Yeah it is. >> So what are your objectives in thinking ahead a year from now? >> Well, you know, I'm taking over from my current peer, Dr. Arka Mukherjee, who just did a phenomenal job of finding speakers. People who are in the industry, who are presenting challenges, and allowing others to interact. So I hope could do a similar thing which is, find with my peers people who have real world challenges, bring them to the forum so they can be debated. On top of that, there are some amazing, you know, technology change is just so fast. One of the areas like big data I remember only five years ago the chart of big data vendors maybe had 50 people on it, now you would need the table to put all the vendors. >> Who's not a data vendor, you know? >> Who's not a data vendor? (laughs) So I would think the best thing we could do is, is find, just get all the CDOs and CDO-types into a room, and let us debate and talk about these points and issues. I've seen just some tremendous interactions, great questions, people giving advice to others. I've learned a lot here. >> And how about long term, where do you see this going? How many CDOs are there in the world, do you know? Is that a number that's known? >> That's a really interesting point because, you know, only five years ago there weren't that many CDOs to be called. And then Gartner four years ago or so put out an article saying, "Every company really should have a CDO." Not just for the purpose of advancing your data, and to Doug Laney's point that data is being monetized, there's a need to have someone responsible for information 'cause we're in the Information Age. And a CIO really is focused on infrastructure, making sure I've got my PCs, making sure I've got a LAN, I've got websites. The focus on data has really, because of the Information Age, has turned data into an asset. So organizations realize, if you utilize that asset, let me reverse this, if you don't use data as an asset, you will be out of business. I heard a quote, I don't know if it's true, "Only 10 years ago, 250 of the Fortune 10 no longer exists." >> Yeah, something like that, the turnover's amazing. >> Many of those companies were companies that decided not to make the change to be data-enabled, to make data decision processing. Companies still use data warehouses, they're always going to use them, and a warehouse is a rear-view mirror, it tells you what happened last week, last month, last year. But today's businesses work forward-looking. And just like driving a car, it'd be really hard to drive your car through a rear-view mirror. So what companies are doing today are saying, "Okay, let's start looking at this as forward-looking, "a prescriptive and predictive analytics, "rather than just what happened in the past." I'll give you an example. In a major company that is a supplier of consumer products, they were leading in the industry and their sales started to drop, and they didn't know why. Well, with a data science team, we were able to determine by pulling in data from the CDC, now these are sources that only 20 years ago nobody ever used to bring in data in the enterprise, now 60% of your data is external. So we brought in data from the CDC, we brought in data on maternal births from the national government, we brought in data from the Census Bureau, we brought in data from sources of advertising and targeted marketing towards mothers. Pulled all that data together and said, "Why are diaper sales down?" Well they were targeting the large regions of the country and putting ads in TV stations in New York and California, big population centers. Birth rates in population centers have declined. Birth rates in certain other regions, like the south, and the Bible Belt, if I can call it that, have increased. So by changing the marketing, their product sales went up. >> Advertising to Texas. >> Well, you know, and that brings to one of the points, I heard a lecture today about ethics. We made it a point at Walmart that if you ran a query that reduced a result to less than five people, we wouldn't allow you to see the result. Because, think about it, I could say, "What is my neighbor buying? "What are you buying?" So there's an ethical component to this as well. But that, you know, data is not political. Data is not chauvinistic. It doesn't discriminate, it just gives you facts. It's the interpretation of that that is hard CDOs, because we have to say to someone, "Look, this is the fact, and your 25 years "of experience in the business, "granted, is tremendous and it's needed, "but the facts are saying this, "and that would mean that the business "would have to change its direction." And it's hard for people to do, so it requires that. >> So whether it's called the chief data officer, whatever the data czar rubric is, the head of analytics, there's obviously the data quality component there whatever that is, this is the conference for, as I called them, your peeps, for that role in the organization. People often ask, "Will that role be around?" I think it's clear, it's solidifying. Yes, you see the chief digital officer emerging and there's a lot of tailwinds there, but the information quality component, the data architecture component, it's here to stay. And this is the premiere conference, the premiere event, that I know of anyway. There are a couple of others, perhaps, but it's great to see all the success. When I first came here in 2013 there were probably about 130 folks here. Today, I think there were 500 people registered almost. Next year, I think 600 is kind of the target, and I think it's very reasonable with the new space. So congratulations on all the success, and thank you for stepping up to the co-chair role, I really appreciate it. >> Well, let me tell you I thank you guys. You provide a voice at these IT conferences that we really need, and that is the ability to get the message out. That people do think and care, the industry is not thoughtless and heartless. With all the data breaches and everything going on there's a lot of fear, fear, loathing, and anticipation. But having your voice, kind of like ESPN and a sports show, gives the technology community, which is getting larger and larger by the day, a voice and we need that so, thank you. >> Well thank you, Robert. We appreciate that, it was great to have you on. Appreciate the time. >> Great to be here, thank you. >> All right, and thank you for watching. We'll be right back with out next guest as we wrap up day two of MIT CDOIQ. You're watching theCUBE. (futuristic music)
SUMMARY :
Brought to you by SiliconANGLE Media. and also the co-chair of next year's, give us a little history of your career. So he searched the industry to find somebody (laughs) Hard to count. 10 years to build Fusion with SOA? and the returns showed here So what did you do after? and the third guy says, And in the center was the Cisco telecommunications and the heads of Sam's Club and the like, Well the father goes in to buy the diapers for the baby, (laughs) So the planogramming, the way the shelves were organized, and created one team that was able to integrate so that makes you uniquely qualified to coach here There are some real, there are some geniuses here. and it's not like, you know, the industry conferences, the sponsors, you know, Yeah, I mean the percentage of presentations by One of the areas like big data I remember just get all the CDOs and CDO-types into a room, because of the Information Age, and the Bible Belt, if I can call it that, have increased. It's the interpretation of that that is hard CDOs, the data architecture component, it's here to stay. and that is the ability to get the message out. We appreciate that, it was great to have you on. All right, and thank you for watching.
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Aaron Kalb, Alation | MIT CDOIQ 2019
>> From Cambridge, Massachusetts, it's theCUBE covering MIT Chief Data Officer and Information Quality Symposium 2019, brought to you by SiliconANGLE Media. (dramatic music) >> Welcome back to Cambridge, Massachusetts, everybody. This is theCUBE, the leader in live tech coverage. We go out to the events, and we extract the signal from then noise. And, we're here at the MIT CDOIQ, the Chief Data Officer conference. I'm Dave Vellante with my cohost Paul Gillin. Day two of our wall to wall coverage. Aaron Kalb is here. He's the cofounder and chief data officer of Alation. Aaron, thanks for making the time to come on. >> Thanks so much Dave and Paul for having me. >> You're welcome. So, words matter, you know, and we've been talking about data, and big data, and the three Vs, and data is the new oil, and all this stuff. You gave a talk this week about, you know, "We're maybe not talking the right language "when it comes to data." What did you mean by all that? >> Absolutely, so I get a little bit frustrated by some of these cliques we hear at conference after conference, and the one I, sort of, took aim at in this talk is, data is the new oil. I think what people want to invoke with that is to say, in the same way that oil powered the industrial age, data's powering the information age. Just saying, data's really cool and trendy and important. That's true, but there are a lot of other associations and contexts that people have with data, and some of them don't really apply as, I'm sorry, with oil. And, some of them apply, as well, to data. >> So, is data more valuable than oil? >> Well, I think they're each valuable in different ways, but I think there's a couple issues with the metaphor. One is that data is scarce and dwindling, and part of value comes from the fact that it's so rare. Whereas, the experience with data is that it's so plentiful and abundant, we're almost drowning in it. And so, what I contend is, instead of talking about data as compared to oil, we should talk about data compared to water. And, the idea is, you know, water is very plentiful on the planet, but sometimes, you know, if you have saltwater or contaminated water, you can't drink it. Water is good for different purposes, depending on its form, and so it's all about getting the right data for the right purpose, like water. >> Well, we've certainly, at least in my opinion, fought wars, Paul, over oil. >> And, over water. >> And, certainly, conflicts over water. Do you think we'll be fighting wars over data? Or, are we already? >> No, we might be. One of my favorite talks from the sessions here was a keynote by the CDO for the Department of Defense, who was talking about, you know, the civic duty about transparency but was observing that, actually, more IP addresses from China and Russia are looking at our public datasets than from within the country. So, you know, it's definitely a resource that can be very powerful. >> So, what was the reaction to your premise from the audience. What kind of questions did you get? >> You know, people actually responded very favorably, including some folks from the oil and gas industry, which I was pleased to find. We have a lot of customers in energy, so that was cool. But, what it was nice being here at MIT and just really geeking out about language and linguistics and data with a bunch of CDOs and other people who are, kind of, data intellectuals. >> Right, so if data is not the new oil. >> And, water isn't really a good analogy either, because the supply of water is finite. >> That's true. >> So, what is data? >> Yeah. >> Space? >> Yeah, it's a good point. >> Matter? >> Maybe it is like the universe in that it's always expanding, right, somehow. Right, because any thing, any physic which is on the planet probably won't be growing at that exponential speed. >> So, give us the punchline. >> Well, so I contend that water, while imperfect, is, actually, a really good metaphor that helps for a lot of things. It has properties like the fact that if it's a data quality issue, it flows downstream like pollution in a river. It's the fact that it can come in different forms, useful for different purposes. You might have gray water, right, which is good enough for, you know, irrigation or industrial purposes, but not safe to drink. And so, you rely on metadata to get the data that's in the right form. And, you know, the talk is more fun because you've a lot of visual examples that make this clear. >> Yeah, of course, yeah. >> I actually had one person in the audience say that he used a similar analogy in his own company, so it's fun to trade notes. >> So, chief data officer is a relatively new title for you, is it not? In terms of your role at Alation. >> Yeah, that's right, and the most fun thing about my job is being able to interact with all of the other CDOs and CDAOs at a conference like this. And, it was cool to see. I believe this conference doubled since the last year. Is that right? >> No. >> No, it's up about a hundred, though. >> Right. >> Well. >> And, it's about double from three years ago. >> And, when we first started, in 2013, yeah. >> 130 people, yeah. >> Yeah, it was a very small and intimate event. >> Yeah, here we're outgrowing this building, it seems. >> Yeah, they're kicking us out. >> I think what's interesting is, you know, if we do a little bit of analysis, this is a small data, within our own company, you know, our biggest and most visionary customers typically bought Alation. The buyer champion either was a CDO or they weren't a CDO when they bought the software and have since been promoted to be a CDO. And so, seeing this trend of more and more CDOs cropping up is really exciting for us. And also, just hearing all of the people at the conference saying, two trends we're hearing. A move from, sort of, infrastructure and technology to driving business value, and a move from defense and governance to, sort of, playing offense and doing revenue generation with data. Both of those trends are really exciting for us. >> So, don't hate me for asking this question, because what a lot of companies will do is, they'll give somebody a CDO title, and it's, kind of, a little bit of gimmick, right, to go to market. And, they'll drag you into sales, because I'm sure they do, as a cofounder. But, as well, I know CDOs at tech companies that are actually trying to apply new techniques, figure out how data contributes to their business, how they can cut costs, raise revenue. Do you have an internal role, as well? >> Absolutely, yeah. >> Explain that. >> So, Alation, you know, we're about 250 people, so we're not at the same scale as many of the attendees here. But, we want to learn, you know, from the best, and always apply everything that we learn internally as well. So, obviously, analytics, data science is a huge role in our internal operations. >> And so, what kinds of initiatives are you driving internally? Is it, sort of, cost initiatives, efficiency, innovation? >> Yeah, I think it's all of the above, right. Every single division and both in the, sort of, operational efficiency and cost cutting side as well as figuring out the next big bet to make, can be informed by data. And, our goal was to empower a curious and rational world, and our every decision be based not on the highest paid person's opinion, but on the best evidence possible. And so, you know, the goal of my function is largely to enable that both centrally and within each business unit. >> I want to talk to you about data catalogs a bit because it's a topic close to my heart. I've talked to a lot of data catalog companies over the last couple years, and it seems like, for one thing, the market's very crowded right now. It seems to me. Would you agree there are a lot of options out there? >> Yeah, you know, it's been interesting because when we started it, we were basically the first company to make this technology and to, kind of, use this term, data catalog, in this way. And, it's been validating to see, you know, a lot of big players and other startups even, kind of, coming to that terminology. But, yeah, it has gotten more crowded, and I think our customers who, or our prospects, used to ask us, you know, "What is it that you do? "Explain this catalog metaphor to me," are now saying, "Yeah, catalogs, heard about that." >> It doesn't need to be defined anymore. >> "Which one should I pick? "Why you?" Yeah. >> What distinguished one product from another, you know? What are the major differentiation points? >> Yeah, I think one thing that's interesting is, you know, my talk was about how the metaphors we use shape the way we think. And, I think there's a sense in which, kind of, the history of each company shapes their philosophy and their approach, so we've always been a data catalog company. That's our one product. Some of the other catalog vendors come from ETL background, so they're a lot more focused on technical metadata and infrastructure. Some of the catalog products grew out of governance, and so it's, sort of, governance first, no sorry, defense first and then offense secondary. So, I think that's one of the things, I think, we encourage our prospects to look at, is, kind of, the soul of the company and how that affects their decisions. The other thing is, of course, technology. And, what we at Alation are really excited about, and it's been validating to hear Gartner and others and a lot of the people here, like the GSK keynote speaker yesterday, talking about the importance of comprehensiveness and on taking a behavioral approach, right. We have our Behavioral IO technology that really says, "Let's not look at all the bits and the bytes, "but how are people using the data to drive results?" As our core differentiator. >> Do your customers generally standardize on one data catalog, or might they have multiple catalogs for multiple purposes? >> Yeah, you know, we heard a term more last season, of catalog of catalogs, you know. And, people here can get arbitrarily, you know, meta, meta, meta data, where we like to go there. I think the customers we see most successful tend to have one catalog that serves this function of the single source of reference. Many of our customers will say, you know, that their catalog serves as, sort of, their internal Google for data. Or, the one stop shop where you could find everything. Even though they may have many different sources, Typically you don't want to have siloed catalogs. It makes it harder to find what you're looking for. >> Let's play a little word association with some metaphors. Data lake. (laughter) >> Data lake's another one that I sort of hate. If you think about it, people had data warehouses and didn't love them, but at least, when you put something into a warehouse, you can get it out, right. If you throw something into a lake, you know, there's really no hope you're ever going to find it. It's probably not going to be in great shape, and we're not surprised to find that many folks who invested heavily in data lakes are now having to invest in a layer over it, to make it comprehensible and searchable. >> So, yeah, the lake is where we hide the stolen cars. Data swamp. >> Yeah, I mean, I think if your point is it's worse than lake, it works. But, I think we can do better a lake, right. >> How about data ocean? (laughter) >> You know, out of respect for John Furrier, I'll say it's fantastic. But, to us we think, you know, it isn't really about the size. The more data you have, people think the more data the better. It's actually the more data the worse unless you have a mechanism for finding the little bit of data that is relevant and useful for your task and put it to use. >> And to, want to set up, enter the catalog. So, technically, how does the catalog solve that problem? >> Totally, so if we think about, maybe let's go to the warehouse, for example. But, it works just as well on a data lake in practice. >> Yeah, cool. >> Through the catalog is. It starts with the inventory, you know, what's on every single shelf. But, if you think about what Amazon has done, they have the inventory warehouse in the back, but what you see as a consumer is a simple search interface, where you type in the word of the product you're looking for. And then, you see ranked suggestions for different items, you know, toasters, lamps, whatever, books I want to buy. Same thing for data. I can type in, you know, if I'm at the DOD, you know, information about aircraft, or information about, you know, drug discovery if I'm at GSK. And, I should be able to therefore see all of the different data sets that I have. And, that's true in almost any catalog, that you can do some search over the curated data sets there. With Alation in particular, what I can see is, who's using it, how are they using it, what are they joining it with, what results do they find in that process. And, that can really accelerate the pace of discovery. >> Go ahead. >> I'm sorry, Dave. To what degree can you automate some of that detail, like who's using it and what it's being used for. I mean, doesn't that rely on people curating the catalog? Or, to what degree can you automate that? >> Yeah, so it's a great question. I think, sometimes, there's a sense with AI or ML that it's like the computer is making the decisions or making things up. Which is, obviously, very scary. Usually, the training data comes from humans. So, our goal is to learn from humans in two ways. There's learning from humans where humans explicitly teach you. Somebody goes and says, "This is goal standard data versus this is, "you know, low quality data." And, they do that manually. But, there's also learning implicitly from people. So, in the same way on amazon.com, if I buy one item and then buy another, I'm doing that for my own purposes, but Amazon can do collaborative filtering over all of these trends and say, "You might want to buy this item." We can do a similar thing where we parse the query logs, parse the usage logs and be eye tools, and can basically watch what people are doing for their own purposes. Not to, you know, extra work on top of their job to help us. We can learn from that and make everybody more effective. >> Aaron, is data classification a part of all this? Again, when we started in the industry, data classification was a manual exercise. It's always been a challenge. Certainly, people have applied math to it. You've seen support vector machines and probabilistic latent cement tech indexing being used to classify data. Have we solved that problem, as an industry? Can you automate the classification of data on creation or use at this point in time? >> Well, one thing that came up in a few talks about AI and ML here is, regardless of the algorithm you're using, whether it's, you know, IFH or SVM, or something really modern and exciting that keeps learning. >> Stuff that's been around forever or, it's like you say, some new stuff, right. >> Yeah, you know, actually, I think it was said best by Michael Collins at the DOD, that data is more important than the algorithm because even the best algorithm is useless without really good training data. Plus, the algorithm's, kind of, everyone's got them. So, really often, training data is the limiting reactant in getting really good classification. One thing we try to do at Alation is create an upward spiral where maybe some data is curated manually, and then we can use that as a seed to make some suggestions about how to label other data. And then, it's easier to just do a confirm or deny of a guess than to actually manually label everything. So, then you get more training, get it faster, and it kind of accelerates that way instead of being a big burden. >> So, that's really the advancement in the last five to what, five, six years. Where you're able to use machine intelligence to, sort of, solve that problem as opposed to brute forcing it with some algorithm. Is that fair? >> Yeah, I think that's right, and I think what gets me very excited is when you can have these interactive loops where the human helps the computer, which helps the human. You get, again, this upward spiral. Instead of saying, "We have to have all of this, "you know, manual step done "before we even do the first step," or trying to have an algorithm brute force it without any human intervention. >> It's kind of like notes key mode on write, except it actually works. I'm just kidding to all my ADP friends. All right, Aaron, hey. Thanks very much for coming on theCUBE, but give your last word on the event. I think, is this your first one or no? >> This is our first time here. >> Yeah, okay. So, what are your thoughts? >> I think we'll be back. It's just so exciting to get people who are thinking really big about data but are also practitioners who are solving real business problems. And, just the exchange of ideas and best practices has been really inspiring for me. >> Yeah, that's great. >> Yeah. >> Well, thank you for the support of the event, and thanks for coming on theCUBE. It was great to see you again. >> Thanks Dave, thanks Paul. >> All right, you're welcome. >> Thank you, sir. >> All right, keep it right there, everybody. We'll be back with our next guest right after this short break. You're watching theCUBE from MIT CDOIQ. Be right back. (upbeat music)
SUMMARY :
brought to you by SiliconANGLE Media. Aaron, thanks for making the time to come on. and data is the new oil, and all this stuff. in the same way that oil powered the industrial age, And, the idea is, you know, water is very plentiful Well, we've certainly, at least in my opinion, Do you think we'll be fighting wars over data? So, you know, it's definitely a resource What kind of questions did you get? We have a lot of customers in energy, so that was cool. because the supply of water is finite. Maybe it is like the universe And, you know, the talk is more fun because you've a lot I actually had one person in the audience say So, chief data officer is a relatively Yeah, that's right, and the most fun thing I think what's interesting is, you know, And, they'll drag you into sales, But, we want to learn, you know, from the best, And so, you know, the goal of my function I want to talk to you about data catalogs a bit And, it's been validating to see, you know, "Which one should I pick? Yeah, I think one thing that's interesting is, you know, Or, the one stop shop where you could find everything. Data lake. when you put something into a warehouse, So, yeah, the lake is where we hide the stolen cars. But, I think we can do better a lake, right. But, to us we think, you know, So, technically, how does the catalog solve that problem? maybe let's go to the warehouse, for example. I can type in, you know, if I'm at the DOD, you know, Or, to what degree can you automate that? Not to, you know, extra work on top of their job to help us. Can you automate the classification of data whether it's, you know, IFH or SVM, or something it's like you say, some new stuff, right. Yeah, you know, actually, I think it was said best in the last five to what, five, six years. when you can have these interactive loops I'm just kidding to all my ADP friends. So, what are your thoughts? And, just the exchange of ideas It was great to see you again. We'll be back with our next guest
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Jeanne Ross, MIT CISR | MIT CDOIQ 2019
(techno music) >> From Cambridge, Massachusetts, it's theCUBE. Covering MIT Chief Data Officer and Information Quality Symposium 2019, brought to you by SiliconANGLE Media. >> Welcome back to MIT CDOIQ. The CDO Information Quality Conference. You're watching theCUBE, the leader in live tech coverage. My name is Dave Vellante. I'm here with my co-host, Paul Gillin. This is our day two of our two day coverage. Jean Ross is here. She's the principle research scientist at MIT CISR, Jean good to see you again. >> Nice to be here! >> Welcome back. Okay, what do all these acronyms stand for, I forget. MIT CISR. >> CISR which we pronounce scissor, is the Center for Information Systems Research. It's a research center that's been at MIT since 1974, studying how big companies use technology effectively. >> So and, what's your role as a research scientist? >> As a research scientist, I work with both researchers and with company leaders to understand what's going on out there, and try to present some simple succinct ideas about how companies can generate greater value from information technology. >> Well, I guess not much has changed in information technology since 1974. (laughing) So let's fast forward to the big, hot trend, digital transformation, digital business. What's the difference between a business and a digital business? >> Right now, you're hoping there's no difference for you and your business. >> (chuckling) Yeah, for sure. >> The main thing about a digital business is it's being inspired by technology. So in the past, we would establish a strategy, and then we would check out technology and say, okay, how can technology make us more effective with that strategy? Today, and this has been driven a lot by start-ups, we have to stop and say, well wait a minute, what is technology making possible? Because if we're not thinking about it, there sure are a lot of students at MIT who are, and we're going to miss the boat. We're going to get Ubered if you will, somebody's going to think of a value proposition that we should be offering and aren't, and we'll be left in the dust. So, our digital businesses are those that are recognizing the opportunities that digital technologies make possible. >> Now, and what about data? In terms of the role of digital business, it seems like that's an underpinning of a digital business. Is it not? >> Yeah, the single biggest capability that digital technologies provide, is ubiquitous data that's readily accessible anytime. So when we think about being inspired by technology, we could reframe that as inspired by the availability of ubiquitous data that's readily accessible. >> Your premise about the difference between digitization and digital business is interesting. It's more than just a sematic debate. Do companies now, when companies talk about digital transformation these days, in fact, are most of them of thinking of digitization rather than really transformative business change? >> Yeah, this is so interesting to me. In 2006, we wrote a book that said, you need to become more agile, and you need to rely on information technology to get you there. And these are basic things like SAP and salesforce.com and things like that. Just making sure that your core processes are disciplined and reliable and predictable. We said this in 2006. What we didn't know is that we were explaining digitization, which is very effective use of technology in your underlying process. Today, when somebody says to me, we're going digital, I'm thinking about the new value propositions, the implications of the data, right? And they're often actually saying they're finally doing what we thought they should do in 2006. The problem is, in 2006, we said get going on this, it's a long journey. This could take you six, 10 years to accomplish. And then we gave examples of companies that took six to 10 years. LEGO, and USAA and really great companies. And now, companies are going, "Ah, you know, we really ought to do that". They don't have six to 10 years. They get this done now, or they're in trouble, and it's still a really big deal. >> So how realistic is it? I mean, you've got big established companies that have got all these information silos, as we've been hearing for the last two days, just pulling their information together, knowing what they've got is a huge challenge for them. Meanwhile, you're competing with born on the web, digitally native start-ups that don't have any of that legacy, is it really feasible for these companies to reinvent themselves in the way you're talking about? Or should they just be buying the companies that have already done it? >> Well good luck with buying, because what happens is that when a company starts up, they can do anything, but they can't do it to scale. So most of these start-ups are going to have to sell themselves because they don't know anything about scale. And the problem is, the companies that want to buy them up know about the scale of big global companies but they don't know how to do this seamlessly because they didn't do the basic digitization. They relied on basically, a lot of heroes in their company to pull of the scale. So now they have to rely more on technology than they did in the past, but they still have a leg up if you will, on the start-up that doesn't want to worry about the discipline of scaling up a good idea. They'd rather just go off and have another good idea, right? They're perpetual entrepreneurs if you will. So if we look at the start-ups, they're not really your concern. Your concern is the very well run company, that's been around, knows how to be inspired by technology and now says, "Oh I see what you're capable of doing, "or should be capable of doing. "I think I'll move into your space". So this, the Amazon's, and the USAA's and the LEGO's who say "We're good at what we do, "and we could be doing more". We're watching Schneider Electric, Phillips's, Ferovial. These are big ole companies who get digital, and they are going to start moving into a lot of people's territory. >> So let's take the example of those incumbents that you've used as examples of companies that are leaning into digital, and presumably doing a good job of it, they've got a lot of legacy debt, as you know people call it technical debt. The question I have is how they're using machine intelligence. So if you think about Facebook, Amazon, Microsoft, Google, they own horizontal technologies around machine intelligence. The incumbents that you mentioned, do not. Now do they close the gap? They're not going to build their own A.I. They're going to buy it, and then apply it. It's how they apply it that's going to be the difference. So do you agree with that premise, and where are they getting it, do they have the skill sets to do it, how are they closing that gap? >> They're definitely partnering. When you say they're not going to build any of it, that's actually not quite true. They're going to build a lot around the edges. They'll rely on partners like Microsoft and Google to provide some of the core, >> Yes, right. >> But they are bringing in their own experts to take it to the, basically to the customer level. How do I take, let me just take Schneider Electric for an example. They have gone from being an electrical equipment manufacturer, to a purveyor of energy management solutions. It's quite a different value proposition. To do that, they need a lot of intelligence. Some of it is data analytics of old, and some of it is just better representation on dashboards and things like that. But there is a layer of intelligence that is new, and it is absolutely essential to them by relying on partners and their own expertise in what they do for customers, and then co-creating a fair amount with customers, they can do things that other companies cannot. >> And they're developing a software presumably, a SAS revenue stream as part of that, right? >> Yeah, absolutely. >> How about the innovators dilemma though, the problem that these companies often have grown up, they're very big, they're very profitable, they see disruption coming, but they are unable to make the change, their shareholders won't let them make the change, they know what they have to do, but they're simply not able to do it, and then they become paralyzed. Is there a -- I mean, looking at some of the companies you just mentioned, how did they get over that mindset? >> This is real leadership from CEO's, who basically explain to their boards and to their investors, this is our future, we are... we're either going this direction or we're going down. And they sell it. It's brilliant salesmanship, and it's why when we go out to study great companies, we don't have that many to choose from. I mean, they are hard to find, right? So you are at such a competitive advantage right now. If you understand, if your own internal processes are cleaned up and you know how to rely on the E.R.P's and the C.R.M's, to get that done, and on the other hand, you're using the intelligence to provide value propositions, that new technologies and data make possible, that is an incredibly powerful combination, but you have to invest. You have to convince your boards and your investors that it's a good idea, you have to change your talent internally, and the biggest surprise is, you have to convince your customers that they want something from you that they never wanted before. So you got a lot of work to do to pull this off. >> Right now, in today's economy, the economy is sort of lifting all boats. But as we saw when the .com implosion happened in 2001, often these breakdown gives birth to great, new companies. Do you see that the next recession, which is inevitably coming, will be sort of the turning point for some of these companies that can't change? >> It's a really good question. I do expect that there are going to be companies that don't make it. And I think that they will fail at different rates based on their, not just the economy, but their industry, and what competitors do, and things like that. But I do think we're going to see some companies fail. We're going to see many other companies understand that they are too complex. They are simply too complex. They cannot do things end to end and seamlessly and present a great customer experience, because they're doing everything. So we're going to see some pretty dramatic changes, we're going to see failure, it's a fair assumption that when we see the economy crash, it's also going to contribute, but that's, it's not the whole story. >> But when the .com blew up, you had the internet guys that actually had a business model to make money, and the guys that didn't, the guys that didn't went away, and then you also had the incumbents that embrace the internet, so when we came out of that .com downturn, you had the survivors, who was Google and eBay, and obviously Amazon, and then you had incumbent companies who had online retailing, and e-tailing and e-commerce etc, who thrived. I would suspect you're going to see something similar, but I wonder what you guys think. The street today is rewarding growth. And we got another near record high today after the rate cut yesterday. And so, but companies that aren't making money are getting rewarded, 'cause they're growing. Well when the recession comes, those guys are going to get crushed. >> Right. >> Yeah. >> And you're going to have these other companies emerge, and you'll see the winners, are going to be those ones who have truly digitized, not just talking the talk, or transformed really, to use your definition. That's what I would expect. I don't know, what do you think about that? >> I totally agree. And, I mean, we look at industries like retail, and they have been fundamentally transformed. There's still lots of opportunities for innovation, and we're going to see some winners that have kind of struggled early but not given up, and they're kind of finding their footing. But we're losing some. We're losing a lot, right? I think the surprise is that we thought digital was going to replace what we did. We'd stop going to stores, we'd stop reading books, we wouldn't have newspapers anymore. And it hasn't done that. Its only added, it hasn't taken anything away. >> It could-- >> I don't think the newspaper industry has been unscathed by digital. >> No, nor has retail. >> Nor has retail, right. >> No, no no, not unscathed, but here's the big challenge. Is if I could substitute, If I could move from newspaper to online, I'm fine. You don't get to do that. You add online to what you've got, right? And I think this right now is the big challenge. Is that nothing's gone away, at least yet. So we have to sustain the business we are, so that it can feed the business we want to be. And we have to make that transition into new capabilities. I would argue that established companies need to become very binary, that there are people that do nothing but sustain and make better and better and better, who they are. While others, are creating the new reality. You see this in auto companies by the way. They're creating not just the autonomous automobiles, but the mobility services, the whole new value propositions, that will become a bigger and bigger part of their revenue stream, but right now are tiny. >> So, here's the scary thing to me. And again, I'd love to hear your thoughts on this. And I've been an outspoken critic of Liz Warren's attack on big tech. >> Absolutely. >> I just think if they're breaking the law, and they're really acting like monopolies, the D.O.J and F.T.C should do something, but to me, you don't just break up big tech because they're good capitalists. Having said that, one of the things that scares me is, when you see Apple getting into payment systems, Amazon getting into grocery and logistics. Digital allows you to do something that's never happened before which is, you can traverse industries. >> Yep. >> Yeah, absolutely >> You used to have this stack of industries, and if you were in that industry, you're stuck in healthcare, you're stuck in financial services or whatever it was. And today, digital allows you to traverse those. >> It absolutely does. And so in theory, Amazon and Apple and Facebook and Google, they can attack virtually any industry and they kind of are. >> Yeah they kind are. I would certainly not break up anything. I would really look hard though at acquisitions, because I think that's where some of this is coming from. They can stop the overwhelming growth, but I do think you're right. That you get these opportunities from digital that are just so much easier because they're basically sharing information and technology, not building buildings and equipment and all that kind of thing. But I think there all limits to all this. I do not fear these companies. I think there, we need some law, we need some regulations, they're fine. They are adding a lot of value and the great companies, I mean, you look at the Schneider's and the Phillips, yeah they fear what some of them can do, but they're looking forward to what they provide underneath. >> Doesn't Cloud change the equation here? I mean, when you think of something like Amazon getting into the payments business, or Google in the payments business, you know it used to be that the creating of global payments processing network, just going global was a huge barrier to entry. Now, you don't have nearly that same level of impediment right? I mean the cloud eliminates much of the traditional barrier. >> Yeah, but I'll tell you what limits it, is complexity. Every company we've studied gets a little over anxious and becomes too complex, and they cannot run themselves effectively anymore. It happens to everyone. I mean, remember when we were terrified about what Microsoft was going to become? But then it got competition because it's trying to do so many things, and somebody else is offering, Sales Force and others, something simpler. And this will happen to every company that gets overly ambitious. Something simpler will come along, and everybody will go "Oh thank goodness". Something simpler. >> Well with Microsoft, I would argue two things. One is the D.O.J put some handcuffs on them , and two, with Steve Ballmer, I wouldn't get his nose out of Windows, and then finally stuck on a (mumbles) (laughter) >> Well it's they had a platform shift. >> Well this is exactly it. They will make those kind of calls . >> Sure, and I think that talks to their legacy, that they won't end up like Digital Equipment Corp or Wang and D.G, who just ignored the future and held onto the past. But I think, a colleague of ours, David Moschella wrote a book, it's called "Seeing Digital". And his premise was we're moving from a world of remote cloud services, to one where you have to, to use your word, ubiquitous digital services that you can access upon which you can build your business and new business models. I mean, the simplest example is Waves, you mentioned Uber. They're using Cloud, they're using OAuth.in with Google, Facebook or LinkedIn and they've got a security layer, there's an A.I layer, there's all your BlockChain, mobile, cognitive, it's all these sets of services that are now ubiquitous on which you're building, so you're leveraging, he calls it the matrix, to the extent that these companies that you're studying, these incumbents can leverage that matrix, they should be fine. >> Yes. >> The part of the problem is, they say "No, we're going to invent everything ourselves, we're going to build it all ourselves". To use Andy Jassy's term, it's non-differentiated heavy lifting, slows them down, but there's no reason why they can't tap that matrix, >> Absolutely >> And take advantage of it. Where I do get scared is, the Facebooks, Apples, Googles, Amazons, they're matrix companies, their data is at their core, and they get this. It's not like they're putting data around the core, data is the core. So your thoughts on that? I mean, it looks like your slide about disruption, it's coming. >> Yeah, yeah, yeah, yeah. >> No industry is safe. >> Yeah, well I'll go back to the complexity argument. We studied complexity at length, and complexity is a killer. And as we get too ambitious, and we're constantly looking for growth, we start doing things that create more and more tensions in our various lines of business, causes to create silos, that then we have to coordinate. I just think every single company that, no cloud is going to save us from this. It, complexity will kill us. And we have to keep reminding ourselves to limit that complexity, and we've just not seen the example of the company that got that right. Sooner or later, they just kind of chop them, you know, create problems for themselves. >> Well isn't that inherent though in growth? >> Absolutely! >> It's just like, big companies slow down. >> That's right. >> They can't make decisions as quickly. >> That's right. >> I haven't seen a big company yet that moves nimbly. >> Exactly, and that's the complexity thing-- >> Well wait a minute, what about AWS? They're a 40 billion dollar company. >> Oh yeah, yeah, yeah >> They're like the agile gorilla. >> Yeah, yeah, yeah. >> I mean, I think they're breaking the rule, and my argument would be, because they have data at their core, and they've got that, its a bromide, but that common data model, that they can apply now to virtually any business. You know, we're been expecting, a lot of people have been expecting that growth to attenuate. I mean it hasn't yet, we'll see. But they're like a 40 billion dollar firm-- >> No that's a good example yeah. >> So we'll see. And Microsoft, is the other one. Microsoft is demonstrating double digit growth. For such a large company, it's astounding. I wonder, if the law of large numbers is being challenged, so. >> Yeah, well it's interesting. I do think that what now constitutes "so big" that you're really going to struggle with the complexity. I think that has definitely been elevated a lot. But I still think there will be a point at which human beings can't handle-- >> They're getting away. >> Whatever level of complexity we reach, yeah. >> Well sure, right because even though this great new, it's your point. Cloud technology, you know, there's going to be something better that comes along. Even, I think Jassy might have said, If we had to do it all over again, we would have built the whole thing on lambda functions >> Yeah. >> Oh, yeah. >> Not on, you know so there you go. >> So maybe someone else does that-- >> Yeah, there you go. >> So now they've got their hybrid. >> Yeah, yeah. >> Yeah, absolutely. >> You know maybe it'll take another ten years, but well Jean, thanks so much for coming to theCUBE, >> it was great to have you. >> My pleasure! >> Appreciate you coming back. >> Really fun to talk. >> All right, keep right there everybody, Paul Gillin and Dave Villante, we'll be right back from MIT CDOIQ, you're watching theCUBE. (chuckles) (techno music)
SUMMARY :
brought to you by SiliconANGLE Media. Jean good to see you again. Okay, what do all these acronyms stand for, I forget. is the Center for Information Systems Research. to understand what's going on out there, So let's fast forward to the big, hot trend, for you and your business. We're going to get Ubered if you will, Now, and what about data? Yeah, the single biggest capability and digital business is interesting. information technology to get you there. to reinvent themselves in the way you're talking about? and they are going to start moving into It's how they apply it that's going to be the difference. They're going to build a lot around the edges. and it is absolutely essential to them I mean, looking at some of the companies you just mentioned, and the biggest surprise is, you have to convince often these breakdown gives birth to great, new companies. I do expect that there are going to be companies and then you also had the incumbents I don't know, what do you think about that? and they have been fundamentally transformed. I don't think the newspaper industry so that it can feed the business we want to be. So, here's the scary thing to me. but to me, you don't just break up big tech and if you were in that industry, they can attack virtually any industry and they kind of are. But I think there all limits to all this. I mean, when you think of something like and they cannot run themselves effectively anymore. One is the D.O.J put some handcuffs on them , Well this is exactly it. Sure, and I think that talks to their legacy, The part of the problem is, they say data is the core. that then we have to coordinate. Well wait a minute, what about AWS? that growth to attenuate. And Microsoft, is the other one. I do think that what now constitutes "so big" that you're there's going to be something better that comes along. Paul Gillin and Dave Villante,
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Gokula Mishra | MIT CDOIQ 2019
>> From Cambridge, Massachusetts, it's theCUBE covering MIT Chief Data Officer and Information Quality Symposium 2019 brought to you by SiliconANGLE Media. (upbeat techno music) >> Hi everybody, welcome back to Cambridge, Massachusetts. You're watching theCUBE, the leader in tech coverage. We go out to the events. We extract the signal from the noise, and we're here at the MIT CDOIQ Conference, Chief Data Officer Information Quality Conference. It is the 13th year here at the Tang building. We've outgrown this building and have to move next year. It's fire marshal full. Gokula Mishra is here. He is the Senior Director of Global Data and Analytics and Supply Chain-- >> Formerly. Former, former Senior Director. >> Former! I'm sorry. It's former Senior Director of Global Data Analytics and Supply Chain at McDonald's. Oh, I didn't know that. I apologize my friend. Well, welcome back to theCUBE. We met when you were at Oracle doing data. So you've left that, you're on to your next big thing. >> Yes, thinking through it. >> Fantastic, now let's start with your career. You've had, so you just recently left McDonald's. I met you when you were at Oracle, so you cut over to the dark side for a while, and then before that, I mean, you've been a practitioner all your life, so take us through sort of your background. >> Yeah, I mean my beginning was really with a company called Tata Burroughs. Those days we did not have a lot of work getting done in India. We used to send people to U.S. so I was one of the pioneers of the whole industry, coming here and working on very interesting projects. But I was lucky to be working on mostly data analytics related work, joined a great company called CS Associates. I did my Master's at Northwestern. In fact, my thesis was intelligent databases. So, building AI into the databases and from there on I have been with Booz Allen, Oracle, HP, TransUnion, I also run my own company, and Sierra Atlantic, which is part of Hitachi, and McDonald's. >> Awesome, so let's talk about use of data. It's evolved dramatically as we know. One of the themes in this conference over the years has been sort of, I said yesterday, the Chief Data Officer role emerged from the ashes of sort of governance, kind of back office information quality compliance, and then ascended with the tailwind of the Big Data meme, and it's kind of come full circle. People are realizing actually to get value out of data, you have to have information quality. So those two worlds have collided together, and you've also seen the ascendancy of the Chief Digital Officer who has really taken a front and center role in some of the more strategic and revenue generating initiatives, and in some ways the Chief Data Officer has been a supporting role to that, providing the quality, providing the compliance, the governance, and the data modeling and analytics, and a component of it. First of all, is that a fair assessment? How do you see the way in which the use of data has evolved over the last 10 years? >> So to me, primarily, the use of data was, in my mind, mostly around financial reporting. So, anything that companies needed to run their company, any metrics they needed, any data they needed. So, if you look at all the reporting that used to happen it's primarily around metrics that are financials, whether it's around finances around operations, finances around marketing effort, finances around reporting if it's a public company reporting to the market. That's where the focus was, and so therefore a lot of the data that was not needed for financial reporting was what we call nowadays dark data. This is data we collect but don't do anything with it. Then, as the capability of the computing, and the storage, and new technologies, and new techniques evolve, and are able to handle more variety and more volume of data, then people quickly realize how much potential they have in the other data outside of the financial reporting data that they can utilize too. So, some of the pioneers leverage that and actually improved a lot in their efficiency of operations, came out with innovation. You know, GE comes to mind as one of the companies that actually leverage data early on, and number of other companies. Obviously, you look at today data has been, it's defining some of the multi-billion dollar company and all they have is data. >> Well, Facebook, Google, Amazon, Microsoft. >> Exactly. >> Apple, I mean Apple obviously makes stuff, but those other companies, they're data companies. I mean largely, and those five companies have the highest market value on the U.S. stock exchange. They've surpassed all the other big leaders, even Berkshire Hathaway. >> So now, what is happening is because the market changes, the forces that are changing the behavior of our consumers and customers, which I talked about which is everyone now is digitally engaging with each other. What that does is all the experiences now are being captured digitally, all the services are being captured digitally, all the products are creating a lot of digital exhaust of data and so now companies have to pay attention to engage with their customers and partners digitally. Therefore, they have to make sure that they're leveraging data and analytics in doing so. The other thing that has changed is the time to decision to the time to act on the data inside that you get is shrinking, and shrinking, and shrinking, so a lot more decision-making is now going real time. Therefore, you have a situation now, you have the capability, you have the technology, you have the data now, you have to make sure that you convert that in what I call programmatic kind of data decision-making. Obviously, there are people involved in more strategic decision-making. So, that's more manual, but at the operational level, it's going more programmatic decision-making. >> Okay, I want to talk, By the way, I've seen a stat, I don't know if you can confirm this, that 80% of the data that's out there today is dark data or it's data that's behind a firewall or not searchable, not open to Google's crawlers. So, there's a lot of value there-- >> So, I would say that percent is declining over time as companies have realized the value of data. So, more and more companies are removing the silos, bringing those dark data out. I think the key to that is companies being able to value their data, and as soon as they are able to value their data, they are able to leverage a lot of the data. I still believe there's a large percent still not used or accessed in companies. >> Well, and of course you talked a lot about data monetization. Doug Laney, who's an expert in that topic, we had Doug on a couple years ago when he, just after, he wrote Infonomics. He was on yesterday. He's got a very detailed prescription as to, he makes strong cases as to why data should be valued like an asset. I don't think anybody really disagrees with that, but then he gave kind of a how-to-do-it, which will, somewhat, make your eyes bleed, but it was really well thought out, as you know. But you talked a lot about data monetization, you talked about a number of ways in which data can contribute to monetization. Revenue, cost reduction, efficiency, risk, and innovation. Revenue and cost is obvious. I mean, that's where the starting point is. Efficiency is interesting. I look at efficiency as kind of a doing more with less but it's sort of a cost reduction, but explain why it's not in the cost bucket, it's different. >> So, it is first starts with doing what we do today cheaper, better, faster, and doing more comes after that because if you don't understand, and data is the way to understand how your current processes work, you will not take the first step. So, to take the first step is to understand how can I do this process faster, and then you focus on cheaper, and then you focus on better. Of course, faster is because of some of the market forces and customer behavior that's driving you to do that process faster. >> Okay, and then the other one was risk reduction. I think that makes a lot of sense here. Actually, let me go back. So, one of the key pieces of it, of efficiency is time to value. So, if you can compress the time, or accelerate the time and you get the value that means more cash in house faster, whether it's cost reduction or-- >> And the other aspect you look at is, can you automate more of the processes, and in that way it can be faster. >> And that hits the income statement as well because you're reducing headcount cost of your, maybe not reducing headcount cost, but you're getting more out of different, out ahead you're reallocating them to more strategic initiatives. Everybody says that but the reality is you hire less people because you just automated. And then, risk reduction, so the degree to which you can lower your expected loss. That's just instead thinking in insurance terms, that's tangible value so certainly to large corporations, but even midsize and small corporations. Innovation, I thought was a good one, but maybe you could use an example of, give us an example of how in your career you've seen data contribute to innovation. >> So, I'll give an example of oil and gas industry. If you look at speed of innovation in the oil and gas industry, they were all paper-based. I don't know how much you know about drilling. A lot of the assets that goes into figuring out where to drill, how to drill, and actually drilling and then taking the oil or gas out, and of course selling it to make money. All of those processes were paper based. So, if you can imagine trying to optimize a paper-based innovation, it's very hard. Not only that, it's very, very by itself because it's on paper, it's in someone's drawer or file. So, it's siloed by design and so one thing that the industry has gone through, they recognize that they have to optimize the processes to be better, to innovate, to find, for example, shale gas was a result output of digitizing the processes because otherwise you can't drill faster, cheaper, better to leverage the shale gas drilling that they did. So, the industry went through actually digitizing a lot of the paper assets. So, they went from not having data to knowingly creating the data that they can use to optimize the process and then in the process they're innovating new ways to drill the oil well cheaper, better, faster. >> In the early days of oil exploration in the U.S. go back to the Osage Indian tribe in northern Oklahoma, and they brilliantly, when they got shuttled around, they pushed him out of Kansas and they negotiated with the U.S. government that they maintain the mineral rights and so they became very, very wealthy. In fact, at one point they were the wealthiest per capita individuals in the entire world, and they used to hold auctions for various drilling rights. So, it was all gut feel, all the oil barons would train in, and they would have an auction, and it was, again, it was gut feel as to which areas were the best, and then of course they evolved, you remember it used to be you drill a little hole, no oil, drill a hole, no oil, drill a hole. >> You know how much that cost? >> Yeah, the expense is enormous right? >> It can vary from 10 to 20 million dollars. >> Just a giant expense. So, now today fast-forward to this century, and you're seeing much more sophisticated-- >> Yeah, I can give you another example in pharmaceutical. They develop new drugs, it's a long process. So, one of the initial process is to figure out what molecules this would be exploring in the next step, and you could have thousand different combination of molecules that could treat a particular condition, and now they with digitization and data analytics, they're able to do this in a virtual world, kind of creating a virtual lab where they can test out thousands of molecules. And then, once they can bring it down to a fewer, then the physical aspect of that starts. Think about innovation really shrinking their processes. >> All right, well I want to say this about clouds. You made the statement in your keynote that how many people out there think cloud is cheaper, or maybe you even said cheap, but cheaper I inferred cheaper than an on-prem, and so it was a loaded question so nobody put their hand up they're afraid, but I put my hand up because we don't have any IT. We used to have IT. It was a nightmare. So, for us it's better but in your experience, I think I'm inferring correctly that you had meant cheaper than on-prem, and certainly we talked to many practitioners who have large systems that when they lift and shift to the cloud, they don't change their operating model, they don't really change anything, they get a bill at the end of the month, and they go "What did this really do for us?" And I think that's what you mean-- >> So what I mean, let me make it clear, is that there are certain use cases that cloud is and, as you saw, that people did raise their hand saying "Yeah, I have use cases where cloud is cheaper." I think you need to look at the whole thing. Cost is one aspect. The flexibility and agility of being able to do things is another aspect. For example, if you have a situation where your stakeholder want to do something for three weeks, and they need five times the computing power, and the data that they are buying from outside to do that experiment. Now, imagine doing that in a physical war. It's going to take a long time just to procure and get the physical boxes, and then you'll be able to do it. In cloud, you can enable that, you can get GPUs depending on what problem we are trying to solve. That's another benefit. You can get the fit for purpose computing environment to that and so there are a lot of flexibility, agility all of that. It's a new way of managing it so people need to pay attention to the cost because it will add to the cost. The other thing I will point out is that if you go to the public cloud, because they make it cheaper, because they have hundreds and thousands of this canned CPU. This much computing power, this much memory, this much disk, this much connectivity, and they build thousands of them, and that's why it's cheaper. Well, if your need is something that's very unique and they don't have it, that's when it becomes a problem. Either you need more of those and the cost will be higher. So, now we are getting to the IOT war. The volume of data is growing so much, and the type of processing that you need to do is becoming more real-time, and you can't just move all this bulk of data, and then bring it back, and move the data back and forth. You need a special type of computing, which is at the, what Amazon calls it, adds computing. And the industry is kind of trying to design it. So, that is an example of hybrid computing evolving out of a cloud or out of the necessity that you need special purpose computing environment to deal with new situations, and all of it can't be in the cloud. >> I mean, I would argue, well I guess Microsoft with Azure Stack was kind of the first, although not really. Now, they're there but I would say Oracle, your former company, was the first one to say "Okay, we're going to put the exact same infrastructure on prem as we have in the public cloud." Oracle, I would say, was the first to truly do that-- >> They were doing hybrid computing. >> You now see Amazon with outposts has done the same, Google kind of has similar approach as Azure, and so it's clear that hybrid is here to stay, at least for some period of time. I think the cloud guys probably believe that ultimately it's all going to go to the cloud. We'll see it's going to be a long, long time before that happens. Okay! I'll give you last thoughts on this conference. You've been here before? Or is this your first one? >> This is my first one. >> Okay, so your takeaways, your thoughts, things you might-- >> I am very impressed. I'm a practitioner and finding so many practitioners coming from so many different backgrounds and industries. It's very, very enlightening to listen to their journey, their story, their learnings in terms of what works and what doesn't work. It is really invaluable. >> Yeah, I tell you this, it's always a highlight of our season and Gokula, thank you very much for coming on theCUBE. It was great to see you. >> Thank you. >> You're welcome. All right, keep it right there everybody. We'll be back with our next guest, Dave Vellante. Paul Gillin is in the house. You're watching theCUBE from MIT. Be right back! (upbeat techno music)
SUMMARY :
brought to you by SiliconANGLE Media. He is the Senior Director of Global Data and Analytics Former, former Senior Director. We met when you were at Oracle doing data. I met you when you were at Oracle, of the pioneers of the whole industry, and the data modeling and analytics, So, if you look at all the reporting that used to happen the highest market value on the U.S. stock exchange. So, that's more manual, but at the operational level, that 80% of the data that's out there today and as soon as they are able to value their data, Well, and of course you talked a lot and data is the way to understand or accelerate the time and you get the value And the other aspect you look at is, Everybody says that but the reality is you hire and of course selling it to make money. the mineral rights and so they became very, very wealthy. and you're seeing much more sophisticated-- So, one of the initial process is to figure out And I think that's what you mean-- and the type of processing that you need to do I mean, I would argue, and so it's clear that hybrid is here to stay, and what doesn't work. Yeah, I tell you this, Paul Gillin is in the house.
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Julie Johnson, Armored Things | MIT CDOIQ 2019
>> From Cambridge Massachusetts, it's The Cube covering MIT Chief Data Officer, and Information Quality Symposium 2019. Brought to you by SiliconANGLE Media. (electronic music) >> Welcome back to MIT in Cambridge, Massachusets everybody. You're watching The Cube, the leader in live tech coverage. My name is Dave Vellante I'm here with Paul Gillin. Day two of the of the MIT Chief Data Officer Information Quality Conference. One of the things we like to do, at these shows, we love to profile Boston area start-ups that are focused on data, and in particular we love to focus on start-ups that are founded by women. Julie Johnson is here, She's the Co-founder and CEO of Armored Things. Julie, great to see you again. Thanks for coming on. >> Great to see you. >> So why did you start Armored Things? >> You know, Armored Things was created around a mission to keep people safe. Early in the time where were looking at starting this company, incidents like Las Vegas happened, Parkland happened, and we realized that the world of security and operations was really stuck in the past right? It's a manual solutions generally driven by a human instinct, anecdotal evidence, and tools like Walkie-Talkies and video cameras. We knew there had to be a better way right? In the world of Data that we live in today, I would ask if either of you got in your car this morning without turning on Google Maps to see where you were going, and the best route with traffic. We want to help universities, ball parks, corporate campuses do that for people. How do we keep our people safe? By understanding how they live. >> Yeah, and stay away from Lambert Street in Cambridge by the way. >> (laughing) >> Okay so, you know in people, when they think about security they think about cyber, they think about virtual security, et cetera et cetera, but there's also the physical security aspect. Can you talk about the balance of those two? >> Yeah, and I think both are very important. We actually tend to mimic some of the revolutions that have happened on the cyber security side over the last 10 years with what we're trying to do in the world of physical security. So, folks watching this who are familiar with cyber security might understand concepts like anomaly detection, SIEM and SOAR for orchestrated response. We very much believe that similar concepts can be applied to the physical world, but the unique thing about the physical world, is that it has defined boundaries, right? People behave in accordance with their environment. So, how do we take the lessons learned in cyber security over 10 to 15 years, and apply them to that physical world? I also believe that physical and cyber security are converging. So, are there things that we know in the physical world because of how we approach the problem? That can be a leading indicator of a threat in either the physical world or the digital world. What many people don't understand is that for some of these cyber security hacks, the first weak link is physical access to your network, to your data, to your systems. How do we actually help you get an eye on that, so you already have some context when you notice it in the digital realm. >> So, go back to the two examples you sited earlier, the two shooting examples. Could those have been prevented or mitigated in some way using the type of technology you're building? >> Yeah, I hate to say that you could ever prevent an incident like that. Everyone wants us to do better. Our goal is to get a better sense predicatively of the leading indicators that tell you you have a problem. So, because we're fundamentally looking at patterns of people and flow, I want to know when a normal random environment starts to disperse in a certain way, or if I have a bottle neck in my environment. Because if then I have that type of incident occur, I already know where my hotspots are, where my pockets of risk are. So, I can address it that much more efficiently from a response perspective. >> So if people are moving quickly away from a venue, it might be and indication that there's something wrong- >> It could be, Yeah. That demands attention. >> Yeah, when you go to a baseball game, or when you go to work I would imagine that you generally have a certain pattern of behavior. People know conceptually what those patterns are. But, we're the first effort to bring them data to prove what those patterns are so that they can actually use that data to consistently re-examine their operations, re-examine their security from a staffing perspective, from a management perspective, to make sure that they're using all the data that's at their disposal. >> Seems like there would be many other applications beyond security of this type of analysis. Are you committed to the security space, or do you have broader ambitions? >> Are we committed to the security space is a hundred percent. I would say the number one reason why people join our team, and the number one reason why people call us to be customers is for security. There's a better way to do things. We fundamentally believe that every ball park, every university, every corporate campus, needs a better way. I think what we've seen though is exactly what you're saying. As we built our software, for security in these venues, and started with an understanding of people and flow, there's a lot that falls out of that right? How do I open gates that are more effective based on patterns of entry and exit. How do I make sure that my staffing's appropriate for the number of people I have in my environment. There's lots of other contextual information that can ultimately drive a bottom line or top line revenue. So, you take a pro sports venue for example. If we know that on a 10 degree colder day people tend to eagres more early in the game, how do we adjust our food and beverage strategy to save money on hourly workers, so that we're not over staffing in a period of time that doesn't need those resources. >> She's talking about the physical and the logical security worlds coming together, and security of course has always been about data, but 10 years ago it was staring at logs increasing the machines are helping us do that, and software is helping us do that. So can you add some color to at least the trends in the market generally, and then maybe specifically what you're doing bringing machine intelligence to the data to make us more secure. >> Sure, and I hate to break it to you, but logs are still a pretty big part of what people are watching on a daily basis, as are video cameras. We've seen a lot of great technology evolve in the video management system realm. Very advanced technology great at object recognition and detecting certain behaviors with a video only solution, right? How do we help pinpoint certain behaviors on a specific frame or specific camera. The only problem with that is, if you have people watching those cameras, you're still relying on humans in the loop to catch a malicious behavior, to respond in the event that they're notified about something unusual. That still becomes a manual process. What we do, is we use data to watch not only cameras, but we are watching your cameras, your Wi-Fi, access control. Contextual data from public transit, or weather. How do we get this greater understanding of your environment that helps us watch everything so that we can surface the things that you want the humans in the loop to pay attention to, right? So, we're not trying to remove the human, we're trying to help them focus their time and make decisions that are backed by data in the most efficient way possible. >> How about the concerns about The Surveillance Society? In some countries, it's just taken for granted now that you're on camera all the time. In the US that's a little bit more controversial. Is what your doing, do you have to be sensitive to that in designing the tools you're building? >> Yeah, and I think to Dave's question, there are solutions like facial recognition which are very much working on identifying the individual. We have a philosophy as a company, that security doesn't necessarily start with the individual, it starts with the aggregate. How do we understand at an aggregate macro level, the patterns in an environment. Which means I don't have to identify Paul, or I don't have to identify Dave. I want to look for what's usual and unusual, and use that as the basis of my response. There's certain instances where you want to know who people are. Do I want to know who my security personnel are so I can dispatch them more efficiently? Absolutely. Let's opt those people in and allow them to share the information they need to share to be better resources for our environment. But, that's the exception not the norm. If we make the norm privacy first, I think we'll be really successful in this emerging GDPR data centric world. >> But I could see somebody down the road saying hey can you help us find this bad guy? And my kids at camp this week, This is his 7th year of camp, and this year was the first year my wife, she was able to sign up for a facial recognition thing. So, we used to have to scroll through hundreds and hundreds of pictures to see oh, there he is! And so Deb signs up for this thing, and then it pings you when your son has a picture taken. >> Yeah. And I was like, That's awesome. Oh. (laughing) >> That's great until you think about it. >> But there aren't really any clear privacy laws today. And so you guys are saying, look it, we're looking at the big picture. >> That's right. >> But that day is coming isn't it? >> There's certain environments that care more than others. If you think about universities, which is where we first started building our technology, they cared greatly about the privacy of their students. Health care is a great example. We want to make sure that we're protecting peoples personal data at a different level. Not only because that's the right thing to do, but also from a regulatory perspective. So, how do we give them the same security without compromising the privacy. >> Talk about Bottom line. You mentioned to us earlier that you just signed a contract with a sports franchise, you're actually going to help them, help save them money by deploying their resources more efficiently. How does your technology help the bottom line? >> Sure, you're average sporting venue, is getting great information at the point a ticket is scanned or a ticket is purchased, they have very little visibility beyond that into the customer journey during an event at their venue. So, if you think about again, patterns of people and flow from a security perspective, at our core we're helping them staff the right gates, or figure out where people need to be based on hot spots in their environment. But, what that also results in is an ability to drive other operational benefits. Do we have a zone that's very low utilization that we could use as maybe even a benefit to our avid fans. Send them to that area, get traffic in that area, and now give them a better concession experience because of it, right? Where they're going to end up spending more money because they're not waiting in line in the different zone. So, how do we give them a dashboard in real time, but also alerts or reports that they can use on an ongoing basis to change their decision making going forward. >> So, give us the company overview. Where are you guys at with funding, head count, all that good stuff. >> So, we raised a seed round with some great Boston and Silicon Valley investors a year ago. So, that was Glasswing is a Boston AI focused fund, has been a great partner for us, and Inovia which is Canada's largest VC fund recently opened a Silicon Valley office. We just started raising a series A about a week ago. I'm excited to say those conversation have been going really well so far. We have some potential strategic partners who we're excited about who know data better then anyone else that we think would help us accelerate our business. We also have a few folks who are very familiar with the large venue space. You know, the distributed campuses, the sporting and entertainment venues. So, we're out looking for the right partner to lead our series A round, and take our business to the next level, but where we are today with five really great branded customers, I think we'll have 20 by the end of next year, and we won't stop fighting 'till we're at every ball park, every football stadium, every convention center, school. >> The big question, at some point will you be able to eliminate security lines? (laughing) >> I don't think that's my core mission. (laughing) But, optimistically I'd love to help you. Right, I think there's some very talented people working on that challenge, so I'll defer that one to them. >> And rough head count today? >> We have 23 people. >> You're 23 people so- >> Yeah, I headquartered in Boston Post Office Square. >> Awesome, great location. So, and you say you've got five customers, so you're generating revenue? >> Yes >> Okay, good. Well, thank you for coming in The Cube >> Yeah, thank you. >> And best of luck with the series A- >> I appreciate it and going forward >> Yeah, great. >> All right, and thank you for watching. Paul Gillin and I will be back right after this short break. This is The Cube from MIT Chief Data Officer Information Quality Conference in Cambridge. We'll be right back. (electronic music)
SUMMARY :
Brought to you by SiliconANGLE Media. Julie, great to see you again. to see where you were going, in Cambridge by the way. Okay so, you know in people, How do we actually help you get an eye on that, So, go back to the two examples you sited earlier, Yeah, I hate to say that you could ever prevent That demands attention. data to prove what those patterns are or do you have broader ambitions? and the number one reason why people bringing machine intelligence to the data Sure, and I hate to break it to you, sensitive to that in designing the tools you're building? Yeah, and I think to Dave's question, and then it pings you when your son And I was like, That's awesome. And so you guys are saying, Not only because that's the right thing to do, You mentioned to us earlier that you So, if you think about again, Where are you guys at with funding, head count, and take our business to the next level, so I'll defer that one to them. So, and you say you've got five customers, Well, thank you for coming in The Cube All right, and thank you for watching.
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Colin Mahony, Vertica | MIT CDOIQ 2019
>> From Cambridge, Massachusetts, it's theCUBE, covering MIT Chief Data Officer and Information Quality Symposium 2019, brought to you by SiliconANGLE Media. >> Welcome back to Cambridge, Massachusetts everybody, you're watching The Cube, the leader in tech coverage. My name is Dave Vellante here with my cohost Paul Gillin. This is day one of our two day coverage of the MIT CDOIQ conferences. CDO, Chief Data Officer, IQ, information quality. Colin Mahoney is here, he's a good friend and long time CUBE alum. I haven't seen you in awhile, >> I know >> But thank you so much for taking some time, you're like a special guest here >> Thank you, yeah it's great to be here, thank you. >> Yeah, so, this is not, you know, something that you would normally attend. I caught up with you, invited you in. This conference has started as, like back office governance, information quality, kind of wonky stuff, hidden. And then when the big data meme took off, kind of around the time we met. The Chief Data Officer role emerged, the whole Hadoop thing exploded, and then this conference kind of got bigger and bigger and bigger. Still intimate, but very high level, very senior. It's kind of come full circle as we've been saying, you know, information quality still matters. You have been in this data business forever, so I wanted to invite you in just to get your perspectives, we'll talk about what's new with what's going on in your company, but let's go back a little bit. When we first met and even before, you saw it coming, you kind of invested your whole career into data. So, take us back 10 years, I mean it was so different, remember it was Batch, it was Hadoop, but it was cool. There was a lot of cool >> It's still cool. (laughs) projects going on, and it's still cool. But, take a look back. >> Yeah, so it's changed a lot, look, I got into it a while ago, I've always loved data, I had no idea, the explosion and the three V's of data that we've seen over the last decade. But, data's really important, and it's just going to get more and more important. But as I look back I think what's really changed, and even if you just go back a decade I mean, there's an insatiable appetite for data. And that is not slowing down, it hasn't slowed down at all, and I think everybody wants that perfect solution that they can ask any question and get an immediate answers to. We went through the Hadoop boom, I'd argue that we're going through the Hadoop bust, but what people actually want is still the same. You know, they want real answers, accurate answers, they want them quickly, and they want it against all their information and all their data. And I think that Hadoop evolved a lot as well, you know, it started as one thing 10 years ago, with MapReduce and I think in the end what it's really been about is disrupting the storage market. But if you really look at what's disrupting storage right now, public clouds, S3, right? That's the new data league. So there's always a lot of hype cycles, everybody talks about you know, now it's Cloud, everything, for maybe the last 10 years it was a lot of Hadoop, but at the end of the day I think what people want to do with data is still very much the same. And a lot of companies are still struggling with it, hence the role for Chief Data Officers to really figure out how do I monetize data on the one hand and how to I protect that asset on the other hand. >> Well so, and the cool this is, so this conference is not a tech conference, really. And we love tech, we love talking about this, this is why I love having you on. We kind of have a little Vertica thread that I've created here, so Colin essentially, is the current CEO of Vertica, I know that's not your title, you're GM and Senior Vice President, but you're running Vertica. So, Michael Stonebreaker's coming on tomorrow, >> Yeah, excellent. >> Chris Lynch is coming on tomorrow, >> Oh, great, yeah. >> we've got Andy Palmer >> Awesome, yeah. >> coming up as well. >> Pretty cool. (laughs) >> So we have this connection, why is that important? It's because, you know, Vertica is a very cool company and is all about data, and it was all about disrupting, sort of the traditional relational database. It's kind of doing more with data, and if you go back to the roots of Vertica, it was like how do you do things faster? How do you really take advantage of data to really drive new business? And that's kind of what it's all about. And the tech behind it is really cool, we did your conference for many, many years. >> It's coming back by the way. >> Is it? >> Yeah, this March, so March 30th. >> Oh, wow, mark that down. >> At Boston, at the new Encore Hotel. >> Well we better have theCUBE there, bro. (laughs) >> Yeah, that's great. And yeah, you've done that conference >> Yep. >> haven't you before? So very cool customers, kind of leading edge, so I want to get to some of that, but let's talk the disruption for a minute. So you guys started with the whole architecture, MPP and so forth. And you talked about Cloud, Cloud really disrupted Hadoop. What are some of the other technology disruptions that you're seeing in the market space? >> I think, I mean, you know, it's hard not to talk about AI machine learning, and what one means versus the other, who knows right? But I think one thing that is definitely happening is people are leveraging the volumes of data and they're trying to use all the processing power and storage power that we have to do things that humans either are too expensive to do or simply can't do at the same speed and scale. And so, I think we're going through a renaissance where a lot more is being automated, certainly on the Vertica roadmap, and our path has always been initially to get the data in and then we want the platform to do a lot more for our customers, lots more analytics, lots more machine-learning in the platform. So that's definitely been a lot of the buzz around, but what's really funny is when you talk to a lot of customers they're still struggling with just some basic stuff. Forget about the predictive thing, first you've got to get to what happened in the past. Let's give accurate reporting on what's actually happening. The other big thing I think as a disruption is, I think IOT, for all the hype that it's getting it's very real. And every device is kicking off lots of information, the feedback loop of AB testing or quality testing for predictive maintenance, it's happening almost instantly. And so you're getting massive amounts of new data coming in, it's all this machine sensor type data, you got to figure out what it means really quick, and then you actually have to do something and act on it within seconds. And that's a whole new area for so many people. It's not their traditional enterprise data network warehouse and you know, back to you comment on Stonebreaker, he got a lot of this right from the beginning, you know, and I think he looked at the architectures, he took a lot of the best in class designs, we didn't necessarily invent everything, but we put a lot of that together. And then I think the other you've got to do is constantly re-invent your platform. We came out with our Eon Mode to run cloud native, we just got rated the best cloud data warehouse from a net promoter score rating perspective, so, but we got to keep going you know, we got to keep re-inventing ourselves, but leverage everything that we've done in the past as well. >> So one of the things that you said, which is kind of relevant for here, Paul, is you're still seeing a real data quality issue that customers are wrestling with, and that's a big theme here, isn't it? >> Absolutely, and the, what goes around comes around, as Dave said earlier, we're still talking about information quality 13 years after this conference began. Have the tools to improve quality improved all that much? >> I think the tools have improved, I think that's another area where machine learning, if you look at Tamr, and I know you're going to have Andy here tomorrow, they're leveraging a lot of the augmented things you can do with the processing to make it better. But I think one thing that makes the problem worse now, is it's gotten really easy to pour data in. It's gotten really easy to store data without having to have the right structure, the right quality, you know, 10 years ago, 20 years ago, everything was perfect before it got into the platform. Right, everything was, there was quality, everything was there. What's been happening over the last decade is you're pumping data into these systems, nobody knows if it's redundant data, nobody knows if the quality's any good, and the amount of data is massive. >> And it's cheap to store >> Very cheap to store. >> So people keep pumping it in. >> But I think that creates a lot of issues when it comes to data quality. So, I do think the technology's gotten better, I think there's a lot of companies that are doing a great job with it, but I think the challenge has definitely upped. >> So, go ahead. >> I'm sorry. You mentioned earlier that we're seeing the death of Hadoop, but I'd like you to elaborate on that becuase (Dave laughs) Hadoop actually came up this morning in the keynote, it's part of what GlaxoSmithKline did. Came up in a conversation I had with the CEO of Experian last week, I mean, it's still out there, why do you think it's in decline? >> I think, I mean first of all if you look at the Hadoop vendors that are out there, they've all been struggling. I mean some of them are shutting down, two of them have merged and they've got killed lately. I think there are some very successful implementations of Hadoop. I think Hadoop as a storage environment is wonderful, I think you can process a lot of data on Hadoop, but the problem with Hadoop is it became the panacea that was going to solve all things data. It was going to be the database, it was going to be the data warehouse, it was going to do everything. >> That's usually the kiss of death, isn't it? >> It's the kiss of death. And it, you know, the killer app on Hadoop, ironically, became SQL. I mean, SQL's the killer app on Hadoop. If you want to SQL engine, you don't need Hadoop. But what we did was, in the beginning Mike sort of made fun of it, Stonebreaker, and joked a lot about he's heard of MapReduce, it's called Group By, (Dave laughs) and that created a lot of tension between the early Vertica and Hadoop. I think, in the end, we embraced it. We sit next to Hadoop, we sit on top of Hadoop, we sit behind it, we sit in front of it, it's there. But I think what the reality check of the industry has been, certainly by the business folks in these companies is it has not fulfilled all the promises, it has not fulfilled a fraction on the promises that they bet on, and so they need to figure those things out. So I don't think it's going to go away completely, but I think its best success has been disrupting the storage market, and I think there's some much larger disruptions of technologies that frankly are better than HTFS to do that. >> And the Cloud was a gamechanger >> And a lot of them are in the cloud. >> Which is ironic, 'cause you know, cloud era, (Colin laughs) they didn't really have a cloud strategy, neither did Hortonworks, neither did MapR and, it just so happened Amazon had one, Google had one, and Microsoft has one, so, it's just convenient to-- >> Well, how is that affecting your business? We've seen this massive migration to the cloud (mumbles) >> It's actually been great for us, so one of the things about Vertica is we run everywhere, and we made a decision a while ago, we had our own data warehouse as a service offering. It might have been ahead of its time, never really took off, what we did instead is we pivoted and we say "you know what? "We're going to invest in that experience "so it's a SaaS-like experience, "but we're going to let our customers "have full control over the cloud. "And if they want to go to Amazon they can, "if they want to go to Google they can, "if they want to go to Azure they can." And we really invested in that and that experience. We're up on the Amazon marketplace, we have lots of customers running up on Amazon Cloud as well as Google and Azure now, and then about two years ago we went down and did this endeavor to completely re-architect our product so that we could separate compute and storage so that our customers could actually take advantage of the cloud economics as well. That's been huge for us, >> So you scale independent-- >> Scale independently, cloud native, add compute, take away compute, and for our existing customers, they're loving the hybrid aspect, they love that they can still run on Premise, they love that they can run up on a public cloud, they love that they can run in both places. So we will continue to invest a lot in that. And it is really, really important, and frankly, I think cloud has helped Vertica a lot, because being able to provision hardware quickly, being able to tie in to these public clouds, into our customers' accounts, give them control, has been great and we're going to continue on that path. >> Because Vertica's an ISV, I mean you're a software company. >> We're a software company. >> I know you were a part of HP for a while, and HP wanted to mash that in and run it on it's hardware, but software runs great in the cloud. And then to you it's another hardware platform. >> It's another hardware platform, exactly. >> So give us the update on Micro Focus, Micro Focus acquired Vertica as part of the HPE software business, how many years ago now? Two years ago? >> Less than two years ago. >> Okay, so how's that going, >> It's going great. >> Give us the update there. >> Yeah, so first of all it is great, HPE and HP were wonderful to Vertica, but it's great being part of a software company. Micro Focus is a software company. And more than just a software company it's a company that has a lot of experience bridging the old and the new. Leveraging all of the investments that you've made but also thinking about cloud and all these other things that are coming down the pike. I think for Vertica it's been really great because, as you've seen Vertica has gotten its identity back again. And that's something that Micro Focus is very good at. You can look at what Micro Focus did with SUSE, the Linux company, which actually you know, now just recently spun out of Micro Focus but, letting organizations like Vertica that have this culture, have this product, have this passion, really focus on our market and our customers and doing the right thing by them has been just really great for us and operating as a software company. The other nice thing is that we do integrate with a lot of other products, some of which came from the HPE side, some of which came from Micro Focus, security products is an example. The other really nice thing is we've been doing this insource thing at Micro Focus where we open up our source code to some of the other teams in Micro Focus and they've been contributing now in amazing ways to the product. In ways that we would just never be able to scale, but with 4,000 engineers strong in Micro Focus, we've got a much larger development organization that can actually contribute to the things that Vertica needs to do. And as we go into the cloud and as we do a lot more operational aspects, the experience that these teams have has been incredible, and security's another great example there. So overall it's been great, we've had four different owners of Vertica, our job is to continue what we do on the innovation side in the culture, but so far Micro Focus has been terrific. >> Well, I'd like to say, you're kind of getting that mojo back, because you guys as an independent company were doing your own thing, and then you did for a while inside of HP, >> We did. >> And that obviously changed, 'cause they wanted more integration, but, and Micro Focus, they know what they're doing, they know how to do acquisitions, they've been very successful. >> It's a very well run company, operationally. >> The SUSE piece was really interesting, spinning that out, because now RHEL is part of IBM, so now you've got SUSE as the lone independent. >> Yeah. >> Yeah. >> But I want to ask you, go back to a technology question, is NoSQL the next Hadoop? Are these databases, it seems to be that the hot fad now is NoSQL, it can do anything. Is the promise overblown? >> I think, I mean NoSQL has been out almost as long as Hadoop, and I, we always say not only SQL, right? Mike's said this from day one, best tool for the job. Nothing is going to do every job well, so I think that there are, whether it's key value stores or other types of NoSQL engines, document DB's, now you have some of these DB's that are running on different chips, >> Graph, yeah. >> there's always, yeah, graph DBs, there's always going to be specialty things. I think one of the things about our analytic platform is we can do, time series is a great example. Vertica's a great time series database. We can compete with specialized time series databases. But we also offer a lot of, the other things that you can do with Vertica that you wouldn't be able to do on a database like that. So, I always think there's going to be specialty products, I also think some of these can do a lot more workloads than you might think, but I don't see as much around the NoSQL movement as say I did a few years ago. >> But so, and you mentioned the cloud before as kind of, your position on it I think is a tailwind, not to put words in your mouth, >> Yeah, yeah, it's a great tailwind. >> You're in the Amazon marketplace, I mean they have products that are competitive, right? >> They do, they do. >> But, so how are you differentiating there? >> I think the way we differentiate, whether it's Redshift from Amazon, or BigQuery from Google, or even what Azure DB does is, first of all, Vertica, I think from, feature functionality and performance standpoint is ahead. Number one, I think the second thing, and we hear this from a lot of customers, especially at the C-level is they don't want to be locked into these full stacks of the clouds. Having the ability to take a product and run it across multiple clouds is a big thing, because the stack lock-in now, the full stack lock-in of these clouds is scary. It's really easy to develop in their ecosystems but you get very locked into them, and I think a lot of people are concerned about that. So that works really well for Vertica, but I think at the end of the day it's just, it's the robustness of the product, we continue to innovate, when you look at separating compute and storage, believe it or not, a lot of these cloud-native databases don't do that. And so we can actually leverage a lot of the cloud hardware better than the native cloud databases do themselves. So, like I said, we have to keep going, those guys aren't going to stop, and we actually have great relationships with those companies, we work really well with the clouds, they seem to care just as much about their cloud ecosystem as their own database products, and so I think that's going to continue as well. >> Well, Colin, congratulations on all the success >> Yeah, thank you, yeah. >> It's awesome to see you again and really appreciate you coming to >> Oh thank you, it's great, I appreciate the invite, >> MIT. >> it's great to be here. >> All right, keep it right there everybody, Paul and I will be back with our next guest from MIT, you're watching theCUBE. (electronic jingle)
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brought to you by SiliconANGLE Media. I haven't seen you in awhile, kind of around the time we met. It's still cool. but at the end of the day I think is the current CEO of Vertica, (laughs) and if you go back to the roots of Vertica, at the new Encore Hotel. Well we better have theCUBE there, bro. And yeah, you've done that conference but let's talk the disruption for a minute. but we got to keep going you know, Have the tools to improve quality the right quality, you know, But I think that creates a lot of issues but I'd like you to elaborate on that becuase I think you can process a lot of data on Hadoop, and so they need to figure those things out. so one of the things about Vertica is we run everywhere, and frankly, I think cloud has helped Vertica a lot, I mean you're a software company. And then to you it's another hardware platform. the Linux company, which actually you know, and Micro Focus, they know what they're doing, so now you've got SUSE as the lone independent. is NoSQL the next Hadoop? Nothing is going to do every job well, the other things that you can do with Vertica and so I think that's going to continue as well. Paul and I will be back with our next guest from MIT,
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Mark Krzysko, US Department of Defense | MIT CDOIQ 2019
>> From Cambridge, Massachusetts, it's The Cube, covering MIT Chief data Officer and Information Quality Symposium 2019. Brought to you by SiliconANGLE Media. >> Welcome back to Cambridge, everybody. We're here at Tang building at MIT for the MIT CDOIQ Conference. This is the 13th annual MIT CDOIQ. It started as a information quality conference and grew through the big data era, the Chief Data Officer emerged and now it's sort of a combination of those roles. That governance role, the Chief Data Officer role. Critical for organizations for quality and data initiatives, leading digital transformations ans the like. I'm Dave Vallante with my cohost Paul Gillin, you're watching The Cube, the leader in tech coverage. Mark Chrisco is here, the deputy, sorry, Principle Deputy Director for Enterprise Information at the Department of Defense. Good to see you again, thanks for coming on. >> Oh, thank you for having me. >> So, Principle Deputy Director Enterprise Information, what do you do? >> I do data. I do acquisition data. I'm the person in charge of lining the acquisition data for the programs for the Under Secretary and the components so a strong partnership with the army, navy, and air force to enable the department and the services to execute their programs better, more efficiently, and be efficient in the data management. >> What is acquisition data? >> So acquisition data generally can be considered best in the shorthand of cost schedule performance data. When a program is born, you have to manage, you have to be sure it's resourced, you're reporting up to congress, you need to be sure you have insight into the programs. And finally, sometimes you have to make decisions on those programs. So, cost schedule performance is a good shorthand for it. >> So kind of the key metrics and performance metrics around those initiatives. And how much of that is how you present that data? The visualization of it. Is that part of your role or is that, sort of, another part of the organization you partner with, or? >> Well, if you think about it, the visualization can take many forms beyond that. So a good part of the role is finding the authoritative trusted source of that data, making sure it's accurate so we don't spend time disagreeing on different data sets on cost schedule performance. The major programs are tremendously complex and large and involve and awful lot of data in the a buildup to a point where you can look at that. It's just not about visualizing, it's about having governed authoritative data that is, frankly, trustworthy that you can can go operate in. >> What are some of the challenges of getting good quality data? >> Well, I think part of the challenge was having a common lexicon across the department and the services. And as I said, the partnership with the services had been key in helping define and creating a semantic data model for the department that we can use. So we can have agreement on what it would mean when we were using it and collecting it. The services have thrown all in and, in their perspective, have extended that data model down through their components to their programs so they can better manage the programs because the programs are executed at a service level, not at an OSD level. >> Can you make that real? I mean, is there an example you can give us of what you mean by a common semantic model? >> So for cost schedule, let's take a very simple one, program identification. Having a key number for that, having a long name, a short name, and having just the general description of that, were in various states amongst the systems. We've had decades where, however the system was configured, configured it the way they wanted to. It was largely not governed and then trying to bring those data sets together were just impossible to do. So even with just program identification. Since the majority of the programs and numbers are executed at a service level, we worked really hard to get the common words and meanings across all the programs. >> So it's a governance exercise the? >> Yeah. It is certainly a governance exercise. I think about it as not so much as, in the IT world or the data world will call it governance, it's leadership. Let's settle on some common semantics here that we can all live with and go forward and do that. Because clearly there's needs for other pieces of data that we may or may not have but establishing a core set of common meanings across the department has proven very valuable. >> What are some of the key data challenges that the DOD faces? And how is your role helping address them? >> Well in our case, and I'm certain there's a myriad of data choices across the department. In our place it was clarity in and the governance of this. Many of the pieces of data were required by statute, law, police, or regulation. We came out of eras where data was the piece of a report and not really considered data. And we had to lead our ways to beyond the report to saying, "No, we're really "talking about key data management." So we've been at this for a few years and working with the services, that has been a challenge. I think we're at the part where we've established the common semantics for the department to go forward with that. And one of the challenges that I think is the access and dissemination of knowing what you can share and when you can share it. Because Michael Candolim said earlier that the data in mosaic, sometimes you really need to worry about it from our perspective. Is too much publicly available or should we protect on behalf of the government? >> That's a challenge. Is the are challenge in terms of, I'm sure there is but I wonder if you can describe it or maybe talk about how you might have solved it, maybe it's not a big deal, but you got to serve the mission of the organization. >> Absolutely. >> That's, like, number one. But at the same time, you've got stakeholders and they're powerful politicians and they have needs and there's transparency requirements, there are laws. They're not always aligned, those two directives, are they? >> No, thank goodness I don't have to deal with misalignments of those. We try to speak in the truth of here's the data and the decisions across the organization of our reports still go to congress, they go to congress on an annual basis through the selected acquisition report. And, you know, we are better understanding what we need to protect and how to advice congress on what should be protected and why. I would not say that's an easy proposition. The demands for those data come from the GAO, come from congress, come from the Inspector General and having to navigate that requires good access and dissemination controls and knowing why. We've sponsored some research though the RAND organization to help us look and understand why you have got to protect it and what policies, rules, and regulations are. And all those reports have been public so we could be sure that people would understand what it is. We're coming out of an era where data was not considered as it is today where reports were easily stamped with a little rubber stamp but data now moves at the velocities of milliseconds not as the velocity of reports. So we really took a comprehensive look at that. How do you manage data in a world where it is data and it is on infrastructures like data models. >> So, the future of war. Everybody talks about cyber as the future of war. There's a lot of data associated with that. How does that change what you guys do? Or does it? >> Well, I think from an acquisition perspective, you would think, you know. In that discussion that you just presented us, we're micro in that. We're equipping and acquiring through acquisitions. What we've done is we make sure that our data is shareable, you know? Open I, API structures. Having our data models. Letting the war fighters have our data so they could better understand where information is here. Letting other communities to better help that. By us doing our jobs where we sit, we can contribute to their missions and we've aways been every sharing in that. >> Is technology evolving to the point where, let's assume you could dial back 10 or 15 years and you had the nirvana of data quality. We know how fast technology is changing but is it changing as an enabler to really leverage that quality of data in ways that you might not have even envision 10 or 15 years ago? >> I think technology is. I think a lot of this is not in tools, it's now in technique and management practices. I think many of us find ourselves rethinking of how to do this now that you have data, now that you have tools that you can get them. How can you adopt better and faster? That requires a cultural change to organization. In some cases it requires more advanced skills, in other cases it requires you to think differently about the problems. I always like to consider that we, at some point, thought about it as a process-driven organization. Step one to step two to step three. Now process is ubiquitous because data becomes ubiquitous and you could refactor your processes and decisions much more efficiently and effectively. >> What are some of the information quality problems you have to wrestle with? >> Well, in our case, by setting a definite semantic meaning, we kicked the quality problems to those who provide the authoritative data. And if they had a quality problem, we said, "Here's your data. "We're going to now use it." So it spurs, it changes the model of them ensuring the quality of those who own the data. And by working with the services, they've worked down through their data issues and have used us a bit as the foil for cleaning up their data errors that they have from different inputs. And I like to think about it as flipping the model of saying, "It's not my job to drive quality, "it's my job to drive clarity, "it's their job to drive the quality into the system." >> Let's talk about this event. So, you guys are long-time contributors to the event. Mark, have you been here since the beginning? Or close to it? >> Um... About halfway through I think. >> When the focus was primarily on information quality? >> Yes. >> Was it CDOIQ at the time or was it IQ? >> It was the very beginnings of CDOIQ. It was right before it became CDOIQ. >> Early part of this decade? >> Yes. >> Okay. >> It was Information Quality Symposium originally, is that was attracted you to it? >> Well, yes, I was interested in it because I think there were two things that drew my interest. One, a colleague had told me about it and we were just starting the data journey at that point. And it was talking about information quality and it was out of a business school in the MIT slenton side of the house. And coming from a business perspective, it was not just the providence of IT, I wanted to learn form others because I sit on the business side of the equation. Not a pure IT-ist or technology. And I came here to learn. I've never stopped learning through my entire journey here. >> What have you learned this week? >> Well, there's an awful lot I learned. I think it's been... This space is evolving so rapidly with the law, policy, and regulation. Establishing the CDOs, establishing the roles, getting hear from the CDOs, getting to hear from visions, hear from Michael Conlan and hear from others in the federal agencies. Having them up here and being able to collaborate and talk to them. Also hearing from the technology people, the people that're bringing solutions to the table. And then, I always say this is a bit like group therapy here because many of us have similar problems, we have different start and end points and learning from each other has proven to be very valuable. From the hallway conversations to hearing somebody and seeing how they thought about the products, seeing how commercial industry has implemented data management. And you have a lot of similarity of focus of people dealing with trying to bring data to bring value to the organizations and understanding their transformations, it's proven invaluable. >> Well, what did the appointment of the DOD's first CDO last year, what statement did that make to the organization? >> That data's important. Data are important. And having a CDO in that and, when Micheal came on board, we shared some lessons learned and we were thinking about how to do that, you know? As I said, I function in a, arguably a silo of the institution is the acquisition data. But we were copying CDO homework so it helped in my mind that we can go across to somebody else that would understand and could understand what we're trying to do and help us. And I think it becomes, the CDO community has always been very sharing and collaborative and I hold that true with Micheal today. >> It's kind of the ethos of this event. I mean, obviously you guys have been heavily involved. We've always been thrilled to cover this. I think we started in 2013 and we've seen it grow, it's kind of fire marshal full now. We got to get to a new facility, I understand. >> Fire marshal full. >> Next year. So that's congratulations to all the success. >> Yeah, I think it's important and we've now seen, you know, you hear it, you can read it in every newspaper, every channel out there, that data are important. And what's more important than the factor of governance and the factor of bringing safety and security to the nation? >> I do feel like a lot in, certainly in commercial world, I don't know if it applies in the government, but a lot of these AI projects are moving really fast. Especially in Silicon Valley, there's this move fast and break things mentality. And I think that's part of why you're seeing some of these big tech companies struggle right now because they're moving fast and they're breaking things without the governance injected and many CDOs are not heavily involved in some of these skunk works projects and it's almost like they're bolting on governance which has never been a great formula for success in areas like governance and compliance and security. You know, the philosophy of designing it in has tangible benefits. I wonder if you could comment on that? >> Yeah, I can talk about it as we think about it in our space and it may be limited. AI is a bit high on the hype curve as you might imagine right now, and the question would be is can it solve a problem that you have? Well, you just can't buy a piece of software or a methodology and have it solve a problem if you don't know what problem you're trying to solve and you wouldn't understand the answer when it gave it to you. And I think we have to raise our data intellectualism across the organization to better work with these products because they certainly represent utility but it's not like you give it with no fences on either side or you open up your aperture to find basic solution on this. How you move forward with it is your workforce has got to be in tune with that, you have to understand some of the data, at least the basics, and particularly with products when you get the machine learning AI deep learning, the models are going to be moving so fast that you have to intellectually understand them because you'll never be able to go all the way back and stubby pencil back to an answer. And if you don't have the skills and the math and the understanding of how these things are put together, it may not bring the value that they can bring to us. >> Mark, thanks very much for coming on The Cube. >> Thank you very much. >> Great to see you again and appreciate all the work you guys both do for the community. All right. And thank you for watching. We'll be right back with our next guest right after this short break. You're watching The Cube from MIT CDOIQ.
SUMMARY :
Brought to you by SiliconANGLE Media. Good to see you again, thanks for coming on. and be efficient in the data management. And finally, sometimes you have to make another part of the organization you partner with, or? and involve and awful lot of data in the a buildup And as I said, the partnership with the services and having just the general description of that, in the IT world or the data world And one of the challenges that I think but you got to serve the mission of the organization. But at the same time, you've got stakeholders and the decisions across the organization How does that change what you guys do? In that discussion that you just presented us, and you had the nirvana of data quality. rethinking of how to do this now that you have data, So it spurs, it changes the model of them So, you guys are long-time contributors to the event. About halfway through I think. It was the very beginnings of CDOIQ. in the MIT slenton side of the house. getting hear from the CDOs, getting to hear from visions, and we were thinking about how to do that, you know? It's kind of the ethos of this event. So that's congratulations to all the success. and the factor of bringing safety I don't know if it applies in the government, across the organization to better work with these products all the work you guys both do for the community.
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Lisa Ehrlinger, Johannes Kepler University | MIT CDOIQ 2019
>> From Cambridge, Massachusetts, it's theCUBE, covering MIT Chief Data Officer and Information Quality Symposium 2019. Brought to you by SiliconANGLE Media. >> Hi, everybody, welcome back to Cambridge, Massachusetts. This is theCUBE, the leader in tech coverage. I'm Dave Vellante with my cohost, Paul Gillin, and we're here covering the MIT Chief Data Officer Information Quality Conference, #MITCDOIQ. Lisa Ehrlinger is here, she's the Senior Researcher at the Johannes Kepler University in Linz, Austria, and the Software Competence Center in Hagenberg. Lisa, thanks for coming in theCUBE, great to see you. >> Thanks for having me, it's great to be here. >> You're welcome. So Friday you're going to lay out the results of the study, and it's a study of Data Quality Tools. Kind of the long tail of tools, some of those ones that may not have made the Gartner Magic Quadrant and maybe other studies, but talk about the study and why it was initiated. >> Okay, so the main motivation for this study was actually a very practical one, because we have many company projects with companies from different domains, like steel industry, financial sector, and also focus on automotive industry at our department at Johannes Kepler University in Linz. We have experience with these companies for more than 20 years, actually, in this department, and what reoccurred was the fact that we spent the majority of time in such big data projects on data quality measurement and improvement tasks. So at some point we thought, okay, what possibilities are there to automate these tasks and what tools are out there on the market to automate these data quality tasks. So this was actually the motivation why we thought, okay, we'll look at those tools. Also, companies ask us, "Do you have any suggestions? "Which tool performs best in this-and-this domain?" And I think this study answers some questions that have not been answered so far in this particular detail, in these details. For example, Gartner Magic Quadrant of Data Quality Tools, it's pretty interesting but it's very high-level and focusing on some global windows, but it does not look on the specific measurement functionalities. >> Yeah, you have to have some certain number of whatever, customers or revenue to get into the Magic Quadrant. So there's a long tail that they don't cover. But talk a little bit more about the methodology, was it sort of you got hands-on or was it more just kind of investigating what the capabilities of the tools were, talking to customers? How did you come to the conclusions? >> We actually approached this from a very scientific side. We conducted a systematic search, which tools are out there on the market, not only industrial tools, but also open-sourced tools were included. And I think this gives a really nice digest of the market from different perspectives, because we also include some tools that have not been investigated by Gartner, for example, like more BTQ, Data Quality, or Apache Griffin, which has really nice monitoring capabilities, but lacks some other features from these comprehensive tools, of course. >> So was the goal of the methodology largely to capture a feature function analysis of being able to compare that in terms of binary, did it have it or not, how robust is it? And try to develop a common taxonomy across all these tools, is that what you did? >> So we came up with a very detailed requirements catalog, which is divided into three fields, like the focuses on data profiling to get a first insight into data quality. The second is data quality management in terms of dimensions, metrics, and rules. And the third part is dedicated to data quality monitoring over time, and for all those three categories, we came up with different case studies on a database, on a test database. And so we conducted, we looked, okay, does this tool, yes, support this feature, no, or partially? And when partially, to which extent? So I think, especially on the partial assessment, we got a lot into detail in our survey, which is available on Archive online already. So the preliminary results are already online. >> How do you find it? Where is it available? >> On Archive. >> Archive? >> Yes. >> What's the URL, sorry. Archive.com, or .org, or-- >> Archive.org, yeah. >> Archive.org. >> But actually there is a ID I have not with me currently, but I can send you afterwards, yeah. >> Yeah, maybe you can post that with the show notes. >> We can post it afterwards. >> I was amazed, you tested 667 tools. Now, I would've expected that there would be 30 or 40. Where are all of these, what do all of these long tail tools do? Are they specialized by industry or by function? >> Oh, sorry, I think we got some confusion here, because we identified 667 tools out there on the market, but we narrowed this down. Because, as you said, it's quite impossible to observe all those tools. >> But the question still stands, what is the difference, what are these very small, niche tools? What do they do? >> So most of them are domain-specific, and I think this really highlights also these very basic early definition about data quality, of like data qualities defined as fitness for use, and we can pretty much see it here that we excluded the majority of these tools just because they assess some specific kind of data, and we just really wanted to find tools that are generally applicable for different kinds of data, for structured data, unstructured data, and so on. And most of these tools, okay, someone came up with, we want to assess the quality of our, I don't know, like geological data or something like that, yeah. >> To what extent did you consider other sort of non-technical factors? Did you do that at all? I mean, was there pricing or complexity of downloading or, you know, is there a free version available? Did you ignore those and just focus on the feature function, or did those play a role? >> So basically the focus was on the feature function, but of course we had to contact the customer support. Especially with the commercial tools, we had to ask them to provide us with some trial licenses, and there we perceived different feedback from those companies, and I think the best comprehensive study here is definitely Gartner Magic Quadrant for Data Quality Tools, because they give a broad assessment here, but what we also highlight in our study are companies that have a very open support and they are very willing to support you. For example, Informatica Data Quality, we perceived a really close interaction with them in terms of support, trial licenses, and also like specific functionality. Also Experian, our contact from Experian from France was really helpful here. And other companies, like IBM, they focus on big vendors, and here, it was not able to assess these tools, for example, yeah. >> Okay, but the other differences of the Magic Quadrant is you guys actually used the tools, played with them, experienced firsthand the customer experience. >> Exactly, yeah. >> Did you talk to customers as well, or, because you were the customer, you had that experience. >> Yes, I were the customer, but I was also happy to attend some data quality event in Vienna, and there I met some other customers who had experience with single tools. Not of course this wide range we observed, but it was interesting to get feedback on single tools and verify our results, and it matched pretty good. >> How large was the team that ran the study? >> Five people. >> Five people, and how long did it take you from start to finish? >> Actually, we performed it for one year, roughly. The assessment. And I think it's a pretty long time, especially when you see how quick the market responds, especially in the open source field. But nevertheless, you need to make some cut, and I think it's a very recent study now, and there is also the idea to publish it now, the preliminary results, and we are happy with that. >> Were there any surprises in the results? >> I think the main results, or one of the surprises was that we think that there is definitely more potential for automation, but not only for automation. I really enjoyed the keynote this morning that we need more automation, but at the same time, we think that there is also the demand for more declaration. We observed some tools that say, yeah, we apply machine learning, and then you look into their documentation and find no information, which algorithm, which parameters, which thresholds. So I think this is definitely, especially if you want to assess the data quality, you really need to know what algorithm and how it's attuned and give the user, which in most case will be a technical person with technical background, like some chief data officer. And he or she really needs to have the possibility to tune these algorithms to get reliable results and to know what's going on and why, which records are selected, for example. >> So now what? You're presenting the results, right? You're obviously here at this conference and other conferences, and so it's been what, a year, right? >> Yes. >> And so what's the next wave? What's next for you? >> The next wave, we're currently working on a project which is called some Knowledge Graph for Data Quality Assessment, which should tackle two problems in ones. The first is to come up with a semantic representation of your data landscape in your company, but not only the data landscape itself in terms of gathering meta data, but also to automatically improve or annotate this data schema with data profiles. And I think what we've seen in the tools, we have a lot of capabilities for data profiling, but this is usually left to the user ad hoc, and here, we store it centrally and allow the user to continuously verify newly incoming data if this adheres to this standard data profile. And I think this is definitely one step into the way into more automation, and also I think it's the most... The best thing here with this approach would be to overcome this very arduous way of coming up with all the single rules within a team, but present the data profile to a group of data, within your data quality project to those peoples involved in the projects, and then they can verify the project and only update it and refine it, but they have some automated basis that is presented to them. >> Oh, great, same team or new team? >> Same team, yeah. >> Oh, great. >> We're continuing with it. >> Well, Lisa, thanks so much for coming to theCUBE and sharing the results of your study. Good luck with your talk on Friday. >> Thank you very much, thank you. >> All right, and thank you for watching. Keep it right there, everybody. We'll be back with our next guest right after this short break. From MIT CDOIQ, you're watching theCUBE. (upbeat music)
SUMMARY :
Brought to you by SiliconANGLE Media. and the Software Competence Center in Hagenberg. it's great to be here. Kind of the long tail of tools, Okay, so the main motivation for this study of the tools were, talking to customers? And I think this gives a really nice digest of the market And the third part is dedicated to data quality monitoring What's the URL, sorry. but I can send you afterwards, yeah. Yeah, maybe you can post that I was amazed, you tested 667 tools. Oh, sorry, I think we got some confusion here, and I think this really highlights also these very basic So basically the focus was on the feature function, Okay, but the other differences of the Magic Quadrant Did you talk to customers as well, or, and there I met some other customers and we are happy with that. or one of the surprises was that we think but present the data profile to a group of data, and sharing the results of your study. All right, and thank you for watching.
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Veda Bawo, Raymond James & Althea Davis, ING Bank | MIT CDOIQ 2019
>> From Cambridge Massachusetts, it's the CUBE, covering MIT Chief Data Officer and Information Quality Symposium 2019. Brought to you by silicon angle media. >> Welcome back to Cambridge Massachusetts everybody you're watching the cube. The leader in live tech coverage. The cubes two day coverage of MIT's CDOIQ. The chief data officer information quality event. Thirteenth year we started here in 2013. I'm Dave Vallante with my co-host Paul Gillin. Veda Bawo. Bowo. Bawo. Sorry Veda Bawo is here. Did I get that right? >> That's close enough. >> The director of data governance at Raymond James and Althea Davis the former chief data officer of ING bank challengers and growth markets. Ladies welcome to the cube thanks so much for coming on. >> Thank you. >> Thank you. >> Hi Vita, talk about your role at Raymond James. Relatively new role for you? >> It is a relatively new role. So I recently left fifth third bank as their managing director of data governance and I've moved on to Raymond James in sunny Florida. And I am now the director of data governance for Raymond James. So it's a global financial services company they do asset wealth management, investment banking, retail banking. So I'm excited, I'm very excited about it. >> So we've been talking all day and actually several years about how the chief data officer role kind of emerged from the back office of the data governance. >> Mmm >> And the information quality and now its come you know front and center. And actually we've seen a full circle because now it's all about data quality again. So Althea as the former CDO right is that a fair assessment that it sort of came out of the ashes of the back room. >> Yeah, I mean its definitely a fair assessment. That's where we got started. That's how we got our budgets that's how we got our teams. However, now we have to serve many masters. We have to deal with all of the privacy, we have to deal with the multiple compliancies. We have to deal with the data operations and we have to deal with all of the new, sexy emerging technologies. So to do AI and data science you need a lot of data. You need data rich. You need it to be knowledge management, you need it to be information management. And it needs to be intelligent. So we need to actually raise the bar on what we do and at the same time get the credibility from our sea sweet peers. >> Well I think we no longer have the. We don't have the luxury of being just a cost center anymore . >> No. >> Right, we have to generate revenue. So it's about data monetization. It's about partnering with our businesses to make sure that we're helping to drive strategy and deliver results for the broader organization. >> So you got to hit the bottom line. >> Yeah. >> Either raise revenue or cut costs >> Yeah absolutely >> You know directly that can be tangibly monetized. >> Exactly keep them out of jail. Right. Save money >> That too. >> Save money, make money. (inaudible laughter) keep them out of jail. >> Like both CDO's you do not study for this career path because it didn't exist a few years ago. So talk about your backgrounds and how you came to come into this role Veda. >> Yeah absolutely so you know you talked about you know data kind of starting in the bowels of the back office. So I am that person right. So I am an accountant by training. So I am the person who is non legally entity controllership by book journal entries I've closed the books. I've done regulatory reporting so I know what it feels like to have to deal with dirty data every single month end, every single quarter end right. And I know the pain of having to cleanse it and having to deal with our business partners and having experienced that gave me the passion to want to do better. Right so I want to influence my partners upstream to do better as well as to take away some of the pain points that my teams experiencing over and over again it really was groundhog day. So that really made me feel passionate about going into the data discipline. Right and so you know the benefit is great it's not an easy journey but yeah out of accounting finance and that kind of back office operational support was boring right. A data evangelist and some passionate were about it. >> Which made sense because you have to have quality. >> Absolutely. >> Consistency. You have to have so called single version of the truth. >> Absolutely because you look regularly there's light for the financial reports to be accurate. All the time. (laughter) >> Exactly >> How about you? >> I came at it from a totally different angle. I was a marketeer so I was a business manager, a marketeer I was working with the big retail brands you know the Nikes and the Levi's strauss's of the world. So I came to it from a value chain perspective from marketing you know from rolling out retail chains across Europe. And I went from there as a line management position and all the pains of the different types of data we needed and then did quite a bit of consulting with some of the big consultancies accenture. And then rolled more into the data migration so dealing with those huge change projects and having teams from all of the world. And knowing the pains what all of the guys didn't want to work on. I got it all on my plate. But it put me in position to be a really solid chief data officer. >> Somebody it was called like data chicks or something like that (laughter) and I snuck in I was like the lone >> Data chicks >> I was like the lone data dude >> You can be a data chick. It's okay no judgement here. >> And so one of the things that one of the CDO's said there. She was a woman obviously. And she said you know I think that and the stat was there was a higher proportion of women as CDO's than there were across tech which is like I don't know fifty seventeen percent. And she's positive that the reason was because it's like a thankless job that nobody wants and so I just wonder as woman CDO your thoughts on that is that true. >> Well first of all we're the newest to the table right so you're the new kid on the block it doesn't matter if you're man or woman you're the new kid on the block so you know the CFO's got the four thousand year history behind him or her. The CIO or CTO they've got the fifty, sixty year up on us. So we're new. So you have to calve out your space and I do think that a lot of women by nature like to take on things big. To do things that other people don't want to do. So I can see how women kind of fell into that. But, at the same time you know data it's an asset and it is the newest asset. And it's definitely misunderstood. So I do think that you know women you know we kind of fell into it but it was actually something that happened good for women because there's a big future in data. >> Well let's just be realistic right. Woman have unique skillset. I may be a little bias but we have a unique skillset. We're able to solve problems creatively. Right there's no one size fits all solution for data. There's no accounting pronouncement that tells me how to handle and manage my data. Right I have to kind of figure it out as I go along and pivot when something doesn't work. I think that's something that is very natural to women. >> Yeah. >> I think that contributes to us kind of taking on these roles. >> Can I just do a little survey here (laughter) We hear that the chief data officer of function is defined differently at different organizations. Now you both are in financial services. You both have a chief data function. Are you doing the same thing? (laughter) >> Absolutely not! (laughter) >> You know this is data by design. I mean I'm getting lucky I've had teams that go the whole gammon right so. From the compliancy side through to the data operations through to all of the like I said the exotics, sexy you know emerging technologies stuff with the data scientists. So I've had the whole thing. I've also had my last position at ING bank I had to you know lead a team of chief data officers across three different continents Australia, Asia and also Eastern and Western Europe. So it's totally different than you know maybe another company that they've only got to chief data officer working on data quality and data governance. >> So again another challenge of being the new kid on the block right. Defining roles and responsibilities. There's no one globally, universally accepted definition of what a chief data officer should do. >> Right >> Right is data science in or out are analytics in or out. Right. >> Security sometimes. >> Security right sometimes privacy is it or out. Do you have operational responsibilities or are you truly just a second line governance function right? There's a mixed bag out there in the industry. I don't know that we have one answer that we know for sure is true. But I do know for sure is that data is not an IT function. >> Well okay. That's really important. >> It's not an IT asset. >> Yeah. >> I want to say that it's not an IT asset. It is an information asset or a data asset which is a different asset than an IT asset or a financial asset or a human asset. >> But and that's the other big change is that fifteen. Ten to fifteen years ago data was assumed to be a liability right. >> Mmm. >> Federal rules set up a civil procedure we got to get rid of the data or you know we're going to get sued. Number one and number two is that data because it's digital you know people say data is the new oil. I always say it's not. It's more important than oil. >> It's like blood. >> Oil you can only use in one use case. Data you can reuse over and over again. >> Reuse, reuse perpetual. It goes on and on and on. And every time you reuse it the value increases. So I would agree with you it is not the new oil. It is much bigger than that and it needs to I mean I know from some of my colleagues in the profession. We talk about borrowing from other more mature disciplines to make data management, information management and knowledge management much more robust and be much more professional. We also need to be more professional about it as the data leaders. >> So when you're a little panel today. One of the things that you guys addressed is what keeps the CDO up at night. >> Yes >> I presume it's data. (laughter) >> No, no, no. >> It's our payers that don't get it. (laughter) >> That's what keeps us up at night. >> Its the sponsors that keep us up at night. (laughter) So what was that discussion like? >> So yeah I mean it was a lively discussion. Um, great attendance at the panel so we appreciate everyone who came out and supported. >> Full house. >> Definitely a full house. Great reviews so far. >> Yep. >> Okay, so the thing that definitely keeps folks up at night and I'm going to start with my standard one which is quality. Right you can have all of the fancy tools, right you can have a million data scientists but if the quality is not good or sufficient. Then you're no where. So quality is fundamentally the thing that the CDO has to always pay attention to. And there's no magic you know pill or magic right potion that's going to make the quality right. It's something that the entire organization has a rally around. And it's not a one thing done right it has to be a sustainable approach to making sure the quality is good enough so that you can actually reap the benefits or derive the value right from your data. >> Absolutely and I would say you know following on from the quality and I consider that trustworthiness of the data. I would say as a chief data officer you're coming to the table. You're coming to the executive table you need to bring it all so you need to be impactful. You need to be absolutely relevant to your peers. You also need to be able to make their teams in a position to act. So it needs to be actionable. And if you don't have all of that combination with the trustworthiness you're dead in the water. So it is a hard act and that's why there is a high attrition for chief data officers. You know it's a hard job. But I think it's very much worthwhile because this particular asset this new asset we haven't been able to even scratch the surface of what it could mean for us a society and for commercial organizations or government organizations. >> To your point it's not a technology problem when Mark Ramsay who was surveying the audience this morning. He said you know why have we had so many failures and the first hand that went up said. It's because of relations with the database. >> And I wanted to say it's not a technology problem. >> It's a hearts, minds and haves >> Absolutely. Absolutely. You couldn't make an impact to your data landscape without changing your technology. >> You said at the outset how important it is for you to show a bottom line impact. >> Right >> What's one project you've worked on or that you've led in your tenure that did that. >> If we're talking about for example I can't say specifics but if we're looking at one of institutions I worked at in an insurance firm and we looked at the customer journey. So we worked with some of the different departments that traditionally did not get access to data for them to be able to be effective at their jobs. But they wanted to do in marketing was create actually new products to make you know increase the wallet from the existing customers other things they wanted to do was for example, when there were problems with the customers instead of customer you know leaving you know the journey they were able to bring them back in by getting access to the data. So we either gave them insight like you know looking back to make sure that things didn't happen wrong the next time or we helped them giving them information so they could develop new products so this is all about going to market. So that's absolutely bottom line. It's not just all cost efficiency and products to begin . >> Yeah pipeline. (laughter) >> And that's really valid but you know. >> Absolutely so I'll give you one example where the data organization partnered with our data scientists. To try to figure out the best location for various branches. For that particular institution. And it was taking right trillions of data points right about current footprint as well as other information about geographic information that was out there publicly available. Taking that and using the analytics to figure out okay where should we have our branches, our ATM's etc... and then conslidating the footprint or expanding where appropriate. So that is bottom line impact for sure. >> I remember in the early part of the two thousands I remember reading a Harvard business review article about gut feel trumps data every time. But that's an example where no way. >> Nope. >> You could never do better with the gut than that example that you just gave. >> Absolutely. >> Veda. I want to ask you a question. I don't know if you've heard Mark Ramsays talk this morning but he sort of. He sort of declared that data governance was over. >> Mmm. >> And as the director of data governance >> Never! >> I wondered if you would disagree with that. >> Never! >> Look. >> Were you surprised? >> It's just like saying that I should stop brushing my teeth. Right I always will have to maintain a certain level of data hygiene. And I don't think that employees and executives and organizations have reached a level of maturity where I can trust them to maintain that level of hygiene independently. And therefore I need a governance function. I need to check to make sure you brush your teeth in the morning and in the evening. Right and I need you to go for your annual exam to make sure you don't have any cavities that weren't detected. Right so I think that there's still a role for governance to play. It will evolve over time for sure. Right as you know the landscape changes but I think there's still a role right for like governance. >> And that wasn't my takeaway part. I think he said that basically enterprise data warehouse fail massive data management fail. The single data model failed so we punted to governance and that's not going to solve the enterprise data problem. >> I think it's a one leg in the stool. It's one leg in the stool. ` >> Yeah I think I would really sum it up as a monolithic data storage approach failed. Like that. And then our attention went to data governance but that's not going to solve it either. Look, data management is about twelve different data capabilties it's a discipline so we give the title data governance but it means multiple things. And I think that if we're more educated and we have more confidence on what we're doing on those different areas. Plus information and knowledge management then we're way ahead of the game. I mean knowledge graphs and semantics. That puts companies you know at the top of that you know corporate inequality gap that we're looking at right now. Where you know companies are you know five and thousand times more valuable then their competition and the gap is just going to get bigger considering if some of those companies at the bottom of the gap are you know just keep on doing the same thing. >> I agree I was just trying to get you worked up. (laughter) >> Well you did. >> It's going to be a different kind of show. >> But that point you're making. Microsoft, Apple, Amazon and Google, Facebook. Top five companies in terms of market cap. And they're all data companies. They surpass all the financial services, all the energy companies, all the manufacturers. >> And Alibaba same thing. >> Oh yeah. >> They're doing the same thing. >> They're coming right up there. With four or five hundred billion. >> They're all doing the knowledge approach. They're doing all of this stuff and that's a much more comprehensive approach to looking at it as a full spectrum and if we keep on in the financial industry or any industry keep on just kind of looking at little bits and pieces. It's not going to work. It's a lot of talk but there's no action. >> We are losing right. I know that Fintechs are right fringing upon are territory. Right if Amazon can provide a credit card or lend you money or extend you credit. They're now functioning as a traditional bank would. If we're not paying attention to them as real competitors. We've lost the battle. >> That's a really important point you're making because it's all digital now. >> Absolutely. >> You used to be you'd never see companies traverse industries and now you see it Apple pay and Amazon and healthcare. >> Yeah. >> And government organizations teaming up with corporations and individuals. Everything is free flowing so that means the knowledge and the data and the information also needs to flow freely but it needs to be managed. >> Now you're into a whole realm of privacy and security. >> And regulations right. Regulations for the non right traditional banks. So we're doing banking transactions. >> Do you think traditional banks will lose control over the payment systems? >> If they don't move with the time they will. If they don't. I mean it's not something that's going to happen tomorrow but you know there is a category of bank called Challenger banks so there's a reason. You know even within their own niche there's a group of banks. >> I mean not even just payments right. Think about cash transactions like if I do money transfer am I going to my traditional bank to do it or am I going to cashapp. >> I think it's interesting particularly in the retail banking business where you know one banking app looks pretty much like other and people don't go to branches anymore and so that brand affinity that used to exist is harder and harder to maintain and I wonder what role does data play in reestablishing that connection. >> Well for me right I get really excited and sometimes annoyed when I can open up my app for my bank and I can see the pie chart of my spending. They're using my data to inform me about my behaviors sometimes a good story, sometimes a bad story. But they're using it to inform me. That's making me more loyal to that particular institution right so I can also link all of my financial accounts in that one institutions app and I can see a full list of all of my credit cards, all of my loans, all of my investments in one stop shopping. That's making me go to their app more often versus the other options that are out there. So I think we can use the data in order to endear the customer source but we have to be smart about it. >> That's the accountant in you. I just refuse to not look. (laughter) >> You can afford to not look. I can't. >> Thank you. >> Thanks for riling us up. >> Alright thank you for watching everybody we'll be right back with our next guest right after this short break. You're watching the cube from MIT in Boston, Cambridge. Right back. (atmospheric music)
SUMMARY :
Brought to you by silicon angle media. Did I get that right? and Althea Davis the former chief data officer Hi Vita, talk about your role at Raymond James. And I am now the director of data of the data governance. So Althea as the former CDO right is that So to do AI and data science you need a lot of data. We don't have the luxury of being and deliver results for the broader organization. Right. keep them out of jail. you came to come into this role Veda. And I know the pain of having to cleanse it You have to have so called single version of the truth. light for the financial reports to be accurate. So I came to it from a value chain perspective You can be a data chick. And she's positive that the reason was because But, at the same time you know data it's an asset Right I have to kind of figure it out as I go along I think that contributes to us kind of We hear that the chief data officer of function I had to you know lead a team of chief data officers the new kid on the block right. Right is data science in or out are I don't know that we have one answer that we know That's really important. I want to say that it's not an IT asset. But and that's the other big change is that fifteen. we got to get rid of the data or you know Data you can reuse over and over again. So I would agree with you it is not the new oil. One of the things that you guys addressed I presume it's data. It's our payers that don't get it. Its the sponsors that keep us up at night. Um, great attendance at the panel so we appreciate Great reviews so far. the thing that the CDO has to always pay attention to. So it needs to be actionable. and the first hand that went up said. You couldn't make an impact to your data it is for you to show a bottom line impact. or that you've led in your tenure that did that. actually new products to make you know increase (laughter) Absolutely so I'll give you one example I remember in the early part of the two thousands than that example that you just gave. He sort of declared that data governance was over. I need to check to make sure you brush your and that's not going to solve the enterprise data problem. It's one leg in the stool. and the gap is just going to get bigger considering I agree I was just trying to get you worked up. all the energy companies, all the manufacturers. They're coming right up there. It's not going to work. I know that Fintechs are right fringing upon are territory. That's a really important point you're industries and now you see it and the data and the information also needs to Regulations for the non right traditional banks. I mean it's not something that's going to happen tomorrow am I going to my traditional bank to do it banking business where you know one banking app looks and I can see the pie chart of my spending. I just refuse to not look. You can afford to not look. Alright thank you for watching everybody we'll
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