infa16

INFA16 Chat
How Data Powers Business: Discussing how Cloud, MDM and Big Data are powering business.
   9 years ago
#infa16INFA16 Event ChatHow Data Powers Business: Discussing how Cloud, MDM and Big Data are powering business.
Informatica World
What benefits come to companies that develop a 360-degree view of customer relationships? #MDM
Robert Karel
Staying in business for one. Organizations no longer compete on products and services, they compete on #CustomerEngagement #CustomerSuccess and #CustomerLoyalty. You #Churn you Lose
monica smith mullen
The ability to be relevant in every interaction and create great #CustExp across the board.
Robert Karel
But the 360 degree view that #MDM enables serves every single function. #Sales #Marketing #CustomerService #Support #Legal #Risk. Everyone needs that view to manage their part of the business
Anwesa Chatterjee
Nothing is more important for companies than to know how to map their customers' journey end-to-end
monica smith mullen
Knowing what products a #customer has means not sending an email for something they just purchased.
monica smith mullen
Knowing who's in a household means not sending multiple copies of the same catalog.
Prash Chan
@monica1mullen Become relevant and cater to the needs of the customer. I can't give one example where customer focused company has failed.
Carter Lusher
When a company's competitor is only a click away, #CustomerExperience is key and 360 view is critical to achieving great experience
monica smith mullen
Knowing they have an open customer service ticket means not sending an offer for a new product or service.
John Furrier
360 degree is just the view of the customer from the marketer perspective not the data from the user in real time to impact user experience - difference a nuance
monica smith mullen
Customers want convenience. The 360 view helps you understand them at an individual level to deliver what they want. Automation and technology delivers on that insight.
Tamara Striffler
It's all about attracting, retaining and building customer loyalty. The more you understand customer needs the better you can engage and anticipate their next want.
John Furrier
Q for braintrust here: how should customers think about the cloud in terms of moving to onprem and cloudnative (public/hybrid)
Anwesa Chatterjee
speed, cost and agility
Anwesa Chatterjee
flexible scaling up/down - no locked down procing
John Furrier
Is there a playbook? How do partners or channel partners play in this new architecture
Anwesa Chatterjee
flexible scaling up/down - no locked down pricing
Robert Karel
Cloud should be viewed as flexibility. You have options
Ajay Gandhi
Every customer now has or is developing a strategy for moving some or most of their workloads to the Cloud; hybrid to cloudnative is becoming the norm. The first step is deciding how key business objectives for moving to the Cloud
Anwesa Chatterjee
we did a survey on State of Cloud Analyticshttps://www.informatica.com/about-us/news/news-releases/2015/12/20151214-state-of-cloud-analytics-research-shows-category-poised-for-growth.html#fbid=LvFMUx_4I_D
Ash Parikh
@tweet_anwesa speed cost agility is right - also flexibility - it is the new age and a solution must offer that flexibility without the need for re-training - its about reuse of skills and resources
jash
starting to think openstack teams should be cloud coe team too. but need to learn aws as well.
Tamara Striffler
IT flexibility. cost savings. rapid growth potential.
Informatica World
How should #DataGovernance influence business adoption of #MDM efforts?
Robert Karel
#DataGovernance is the glue that will bind #MDM investments to business value. MDM without DG consistently delivers below expectations. Maturity remains low - check out GovernYourData.com for maturity benchmarks
Prash Chan
@RBKarel couldn't agree more! #DataGovernance and #MDM = Perfect marriage. Born out of that is business value.
John Furrier
Q: What can we expect this year at Informatica World? What will be the big theme? Share some color without giving away the data :-)
Informatica World
Big theme - How Data Powers Business
Informatica World
Lot's of fun. Great keynotes. @KnowledgeBishop is emcee. @Cognizant is doing an inflatable boxing ring in the expo.
Robert Karel
Customer Success stories! Our customers are the starts of the show
Shira Frantzich
@infaworld attendees will hear from Informatica execs, customers and partners about how data powers business #INFA16
Anwesa Chatterjee
and ofcourse insights necessary to harness one of the most valuable assets: data
Ash Parikh
this will be the best Informatica World ever - i think we will see more discussions about embracing data as an asset
Prash Chan
"VALUE". My personal goal is to tell how every customer attending is driving value from #BigData & #MDM investment
John Furrier
Of course @theCUBE will be there
monica smith mullen
Customer stories about strategically managing #data as an asset to improve the #custexp #CX. Not just customer data but all data - product, supplier, location, etc.
Anwesa Chatterjee
listening to a woman leader -Jessica Jackley-Entrepreneur & Co-Founder of Kiva
Debbie O'BrienWalery
- can't wait for two days of theCUBE - some great customers, partners, execs and thought leaders
Ajay Gandhi
At Informatica World, DATA is not just a 4-letter word!
Shira Frantzich
yes, @theCUBE, should be a great set of interviews. Looking forward to hearing from @Informatica execs, customers, partners & industry analysts.
John Haddad
several big data success stories and discussions from customers including Comcast, Verizon, BICs, MetLife, TD Ameritrade, Schlumberger, Asurion, and more
John Furrier
We love talking to senior execs at IW and customers doing great things
Informatica World
How does a comprehensive Master Data Management strategy help power business growth? #MDM
Robert Karel
Of all of the 3letter data management acronyms, #MDM is truly the competency that can give business leaders their "a-ha" moment.
Robert Karel
That single view of customer relationships, or single view of product and supply chain or single view of wellhead efficiency that multdomain #MDM enables is a powerful piece of insight that answers previously unanswerable questions
monica smith mullen
With #TrustedData people can spend less time maintaining data and more time doing things; and doing them faster to create advantage.
Ajay Gandhi
Bottom line is, #MDM makes your business data useful, continuously.
Informatica World
@rbkarel When a company knows who their customers truly are, the company can more effectively offer proactively solutions
Informatica World
Why do so many companies struggle to become "data-ready" enterprises? #MDM
Prash Chan
#1 - Fragmented data #2 - Absence of holistic data management #3 - Product-centric approach as against Customer-centric
Robert Karel
Most companies are not "data ready" simply because they're not ready to embrace data as a true asset. Shifting data culture from reactive to proactive takes significant leadership
monica smith mullen
People don't trust the data they have access to. They manage it centrally or fix it once. Things become out of balance and too much time is spent reconciling data #infa16
Robert Karel
Data was often hoarded by siloed parts of the business "this is mine, that's yours". Cross-functional leadership must break those down starting with the CEO
John Furrier
Organizational issues not technology
Debbie O'BrienWalery
You can see that the rise of the Chief Data Officer is a response to organizations trying to become data-ready, but it will take an entire company to working together to achieve this.
Ajay Gandhi
Data is not the end goal. Most companies struggle with translating data into business value e.g. data for customer purchase intent, data for customer sat, data for product benefit
monica smith mullen
@rbkarel I was just going to mention data hoarding! Big problem from poor quality of #data - believing others will misinterpret the data and make the wrong decision.
John Furrier
@monica1mullen DataHorders a new idea for Cable TV show..who's with me on this
Prash Chan
@debwalery "Takes entire Company", So true!!
Informatica World
@furrier We'd watch that. Netflix binge even.
Laura Wang
Lack of understanding of business processes by definition means you will be disconnected to the data an organization is generating. Time and again arguing about the data is senseless - the gap is in understanding the process that generated it.
Debbie O'BrienWalery
There is a great stat that "90% of all the data in the world has been generated over the last two years" that @franzaman and others have been talking about. Just the volume of data today and what is to come is overwhelming.