surviving & monetising the data armageddon (total telecom world 2012 - 13th nov 2012)

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Surviving & Monetising the Data Armageddon 13th November 2012 Paul Kullich @PaulKullich Paul Kullich, CEO tumra.com @tumra TUMRA LTD, Building 3, Chiswick Park, 566 Chiswick High Road, W4 5YA Capitalising on your subscribers data Total Telecom World 2012

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Total Telecom World 2012 - London How can operators capitalise on the subscriber information they hold? They know who their customers are, where they are and what they are doing, so how can they make money from this? In this presentation Paul Kullich (CEO @ TUMRA) describes some of the challenges around the handling of customer data, as well as the possibilities of using new technologies like Big Data and Data Science to unlock new sources of revenue from your existing subscribers.

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Page 1: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Surviving(&(Monetising(the(DataArmageddon

13th%November%2012Paul%Kullich%@PaulKullich

Paul%Kullich,%CEOtumra.com@tumra

TUMRA%LTD,%Building%3,%Chiswick%Park,566%Chiswick%High%Road,%W4%5YA

Capitalising%on%your%subscribers%dataTotal%Telecom%World%2012

Page 2: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Data$Science$Agency

Page 3: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Hal$Varian$(Chief$economist$@$Google)$firstused$it$in$a$McKinsey$interview$in$2009…

But$what$is$Data$Science?

“The$ability$to$take$data—to$be$able$to$understand$it,$to$process$it,$toextract$value$from$it,$to$visualize$it,$to$communicate$it—that’s$going$to$be$ahugely$important$skill$in$the$next$decades,$not$only$at$the$professionallevel$but$even$at$the$educational$level$for$elementary$school$kids,$for$highschool$kids,$for$college$kids.”Hal$Varian,$Chief$Economist$@$Google

Person$who$is$better$at$statistics$than$any$software$engineer$and$better$atsoftware$engineering$than$any$statistician.”Josh$Wills,$Director$of$Data$Science$@$Cloudera

Big$Data’s$lessor$known/hyped$cousin

Page 4: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Data$Armageddon

But$why$is$this$happening$now?

Page 5: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Digital'exhaust'trailExponential'growth'in'data'volumesData'growth'rates'are'faster'than'Moore’s'LawSevere'strain'for'existing'storage'capabilitiesRealisation'of'the'value'locked'up'this'data.'''

Data$Armageddon

Page 6: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Typical(TumraUse(Cases

Page 7: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

executives)to)make)better)data)driven)decisionscompanies)optimise)performance)using)dataanalysts)find)the)valuable)'small)data’build)proof)of)concept)solutions

TUMRA,'helps'...

Page 8: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Capitalising*onSubscriberInformation

Page 9: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Internal(FocusReviewing(what(data(your(organisation(iscollecting(and(using(it(to(optimise(internaloperational(systems(and(processes.(External(FocusLooking(for(new(revenue(opportunities(outsidethe(organisation,(building(new(products,creating(new(markets.

Page 10: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Internal(Perspective

Using(traditional(data(sources(((

Customer)DatabasesQuality)of)Service)dataWebsite)activity)dataGeolocation)data

Page 11: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Internal(Perspective(/(Use(Cases

RetentionUsing&customer&behaviour&data&to&better&predictuser&dissatisfaction&and&churn.&&&Massive&potential&value&driver&&&Predictive&models&trained&on&customer&behaviour&&&Treat&everyone&as&the&individual&they&are&&&Use&data&across&all&cross&channel&activity&&&Real<time&responsive&&

Page 12: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Internal(Perspective(/(Use(Cases

PersonalisationDeliver'a'unique'personalised'experience'whenengaging'the'operator'across'all'channels.''''''''

Page 13: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Future&ViewThe$rise$of$the$data$centric$organisation$$$Data$driven$decision$making$$$Data$at$the$heart$of$everythingData$supported$Product$DevelopmentDeliver$amazing$personalised$user$experiences$$$

$

Operators$who$successfully$execute$on$this$$$will$gain$significant$competitive$advantage

Page 14: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

External)Perspective

Page 15: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

External)Perspective

Looking'for'new'revenue'opportunities'outsidethe'organisation,'building'new'products,'serviceand'creating'new'markets.'

Page 16: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

External)Perspective)0)Use)Cases

Footfall)analysisHyper&local&advertisingStores&and&offersCivil&engineering&(public&transport,&roads,paths)Transport&scheduling,&train&companies?Traffic&planning&&&optimisation

&&&

Page 17: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

External)Perspective)0)Use)Cases

Implicit)behaviour)analysisWhere%do%they%socialise?%(bars%til%late%atnight?)Where%do%they%shop?How%do%they%get%there?%(car,%publictransport)True%social%networks%calls/texts%not%Facebook

%%%%

Page 18: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

External)Perspective)0)Use)Cases

Other)use)casesInsurance)(health,)car)Outdoor)marketingStore)positioning

Page 19: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

An#Approach

Page 20: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Create&a&set&hypothesesCustomer&validationFind&a&sample&of&data&to&test&the&hypothesisLow&fidelity&mockupIterate&continuously&based&on&feedbackEither&:=

Pivot&to&new&product&idea&orDevelop&Minimum&Viable&Product&(MVP).

New$Products,$Services$Approach

Page 21: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Recap

Exponential+growth+of+'digital+exhaust'Capitalising+on+Subscriber+Data

Internal+&+External+perspectives++An+approach+for+new+product+creation++

Page 22: Surviving & Monetising the Data Armageddon (Total Telecom World 2012 - 13th Nov 2012)

Thank&you

tumra.com@tumra