5th ICV ConferenceMay, 2017Ivana Milic

Digital Transformation

Two paths diverged in a wood and I, I took the one less travelled by, and that has made all the difference

Digital Transformation

“We stand on the brink of a technological revolution that will fundamentally alter the way live, work and relate to one another.

In its scale, scope & complexity, the transformation will be unlike anything humankind has experienced before.

There has never been a time of greater promise or potential peril” Klaus Schwab

Founder and Executive Chairman of the World Economic Forum

The 4th Industrial Revolution

Limitless compute and storage

What is the Internet of Things?

Why IoT matters

IOT at fever pitch – real world IoT use cases

Electric charging stations

Street sweepers

Postboxes

AircraftsAuto

Elevators

Factory floor

Oil equipment

Cows

Engines

Vending machines

Buildings

Fryers

Medical devices

Vaccine dispensers

Trucks

BusesDogs

Oil distribution

Smart meters

Internet of Things

Power plant

Surveillance

Power tools

Racing

Mining equipment

Smart grids

Daisy produces datahelping farmers stay ahead of the herd

What is the Internet of Things?Artificial intelligence

Largest accommodation provider owns no real estate

World’s largest taxi company owns no taxis

World’s most valuable retailer has no inventory

Largest phone companies own no telco infrastructure

Most popular media owner creates no content

Largest software vendors don’t write the apps

World’s largest movie house owns no cinemas

The New Kids – True Digital Disruptors

CLOUD

MOBILE

Leverage diverse data setsApply new analyticsMake insight available…fastUnderstood customers more

What does this mean for Finance?

Turning Data into Insights and Action

Source: Gartner

VA

LU

E

DIFFICULTY

Descriptive Analytics

DiagnosticAnalytics

Predictive Analytics

Prescriptive Analytics

What happened?

Why did it happen?

What will happen?

How can we make it happen?

Traditional BI Advanced Analytics

Are you ready?63% of CEOs believe that

technology will have the greatest effect on the role of the future CFO

– KPMG

The time for digital-driven finance is NOW

Two paths diverged in a wood and I, I took the one less travelled by, and that has made all the difference

Thank You!