2018: the year of the bhag - assets.sig.org process services category ‘leading service delivery...

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2018: The Year of the BHAG Big Hairy AUTOMATION Goal Symphony Ventures Ian Barkin Chief Strategy Officer Thoughtonomy Terry Walby Chief Executive Officer

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Page 1: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

2018: The Year of the BHAG

Big Hairy AUTOMATION Goal

Symphony Ventures

Ian BarkinChief Strategy Officer

Thoughtonomy

Terry WalbyChief Executive Officer

Page 2: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

© 2018 Symphony Ventures | Confidential and Proprietary

Going Big with AutomationThe Future of the Future of Work

Page 3: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

© 2018 Symphony Ventures | Confidential and Proprietary | 3

“Our goal for 2018 is 1,000 robots”

Page 4: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

© 2018 Symphony Ventures | Confidential and Proprietary | 4

…is something you should NEVER say

Page 5: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

© 2018 Symphony Ventures | Confidential and Proprietary | 5

…nor is it something you should ever strive for

Page 6: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

© 2018 Symphony Ventures | Confidential and Proprietary | 6

And yet, robot armies seem to be the talk of the town

Page 7: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

© 2018 Symphony Ventures | Confidential and Proprietary | 7

We’re doing Digital Labor all wrong

Page 8: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

AGENDA

© 2018 Symphony Ventures | Confidential and Proprietary | 8

1. Who am I, and why am I up here?

2. Why must things be different?

3. How is Symphony helping Thoughtonomy drive ‘different’

Page 9: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

© 2018 Symphony Ventures | Confidential and Proprietary | 9

Who is Symphony?

By scale, experience and accreditation, we are the leading and largest global RPA pure play, with the only fully integrated Intelligent Automation Platform

Consulting

‘Cool Vendor’ in the

Business Process

Services category

‘Leading Service

Delivery Automation

(SDA) Providers

#1 Leading Robotic

Process Automation

(RPA) Pure Play

GSA Digital

Champion of the

Year 2017

Best Intelligent

Automation Pure-

Play 2016

Most accredited

Blue Prism ‘Pure

Play’ Partner

Blue Prism

Implementation & Best

Practice Leader 2017 –

US/LatAm

Implementation Managed Services

• Vision Workshops

• Future of Work Accelerator

• RPA COE Design & Training

• Proofs of Technology

• Proofs of Concept

• Pilots

• RPA Helpdesk

• Ongoing Transformation

• Monitoring & Support

UiPath Strategic

Partner & Largest

Training Capability

Intelligent Automation Platform (Symphony Orchestra)

• RPA As-a-Service • Cognitive Learning Engines • OCR Data Extraction • Chatbots • Virtual Hosting

Page 10: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

© 2018 Symphony Ventures | Confidential and Proprietary | 10

The Symphony RPA Journey

Enterprises are following a journey from awareness to automation bliss –

and very few are having luck getting to where they’re going. Many even know their destination

PoC / Pilot

Deploy & Scale

Future of Work AcceleratorVision Workshop

Page 11: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

© 2018 Symphony Ventures | Confidential and Proprietary | 11

But things have to change. Because…Top-Down Mandate

Reduce 86%

cost-to-revenue

ratio down to

65% by 2020, in

part by cutting

15,000 jobs with

automation

Reduce

transactional

effort in back

office by 50% in

the next 3yrs

with automation

Reduce $2B in

costs via

process

automation

Reduce number

of employees by

12.5% in three

years, and

reduce 2,000

consultants via

automation

Reduce cost-

income ratio

from 49.7% to

45% in three

years via

increased

automation

CEO CFO CEO CEO CEO

Page 12: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

Intelligent Automation with the Virtual Workforce®

Page 13: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

| Overview

Page 14: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

The workforce productivity problem

The inefficiency of human knowledge workers

Disparate, disconnected applications

Organizational structures and skills based teams

Page 15: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

Business Functions

Teams or Departments

Business Systems

Business Processes

A strategic approach

Page 16: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play
Page 17: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play
Page 18: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play
Page 19: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

Learn

Secure SaaS Platform

Structure Orchestrate Execute

• AI Engine• Self manage• Scale resources• Orchestrate work• Report MI

A true digital workforce

• Extract data• Translate

unstructured data

• Interact with human

• Do work• Complete

processes• Manage

exceptions

• Governed learning

• Continual improvement

• Global platform• Award Winning• Highly available• Enterprise class• ISO Accredited• Simple management

Page 20: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

| So What?

Page 21: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

THE ERA OF DIGITAL LABOR IS HERE#VirtualWorkforce

Page 22: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

PEOPLE BASED SERVICES WILL NEVER BE THE SAME

Pioneers1990s

F&A, HR

Lift & Shift

OffshoreEarly 2000sBack Office

Labor Arbitrage

OpexMid 2000s

Middle Office

FTE + Gainshare

Insight2010s

Cross Office

Industry Focus

On-DemandToday

Technology Enabled

Automated

Page 23: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

THERE ARE OPPORTUNITIES FOR CHALLENGERS

Page 24: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

AND FOR TRANSFORMATION OF ESTABLISHED

BUSINESSES

Page 25: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

Accelerated by

FRICTIONLESSintelligent

automation

Page 26: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

SHOULD YOU BUY DIGITAL LABORLike a software product?

Page 27: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

We live in an as-a-service economy

VIRTUAL WORKERS ARE A

RESOURCE

Shouldn’t you consume them as a service?

Page 28: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

Intelligent Automation with the Virtual Workforce®

Page 29: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

Evaluation How-to:

▪ Your feedback drives

SIG Event content

▪ By signing and

submitting your

evaluation, you are

automatically entered

into a prize drawing

Why?

From the App

1. Select Sessions2. Select Day3. Select Session S274. Click on Clipboard Icon

How?

COMPLETE &

SUBMIT EVAL

Page 30: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

Session # 27

Symphony Ventures

Ian Barkin

Chief Strategy Officer

415-712-5111

[email protected]

Tweet: #SIGspring18

Download the App: sig.org/app

2018: The Year of the BHAG - Big Hairy

AUTOMATION Goal

Page 31: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

Thoughtonomy

Page 32: 2018: The Year of the BHAG - assets.sig.org Process Services category ‘Leading Service Delivery Automation (SDA) Providers #1 Leading Robotic Process Automation (RPA) Pure Play

Have an idea or want to present?

If yes, please take a moment and submit your name and idea here:

www.sig.org/present