INNOVATION SAS FANS , SVEIN TORE BØ DIRECTOR TECHNOLOGY STRATEGY

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1 INNOVATION SAS FANS , SVEIN TORE BØ DIRECTOR TECHNOLOGY STRATEGY

2 INNOVATION Why the need to innovate. Succeeding with innovation. Data driven innovation in your organization.

3 "...mange ledere i tradisjonelle, etablerte selskaper snakker mye om innovasjon, men ikke forplikter seg helhjertet til å satse på det." 1. Du er nødt til å innovere for å holde kjernevirksomheten din sunn. 2. Tenk fremover på neste gen. kjernevirksomhet. Hva skal du investere i som gjør deg relevant I fremtiden 3. Investere i alternativer, små investeringer som kjøper deg rettigheten til, men ikke forpliktelsen, å gjøre et valg i fremtiden «Ledere må ha en helhjertet forpliktelse og interesse i innovasjon»

4 Source: Eirik Solheim

5 Source: Eirik Solheim

6 SUCCEED WITH INNOVATION

7 INNOVATION ALLAN SNYDER Director of the Centre for the Mind, ANU

8 INNOVATION AND THE EXPERTS

9 INNOVATION AND CREATIVITY

10 INNOVATION AND CHANGE Forandring fryder ikke i det hele tatt!!

11 INNOVATION ACCEPTANCE TO CHANGE

12 INNOVATION THE TWO PIZZA RULE If you can t feed a team with two pizzas the team is too large. Jeff Bezos, founder and CEO of Amazon

13 INNOVATION MADE EASY Test Behov Løsning

14 INNOVATION DEFINING SOLUTIONS INSTEAD OF NEEDS

15 INNOVATION A GREAT IDEA FOR AN IMPORTANT NEED but not tested?

16 INNOVATION CHANCE OF SUCCESS OR FAILURE Lightning idea: 28% chance for success Find and cover needs in the market: 69% chance for success. Jacob Goldenberg, Donald Lehmann and David Mazursky, Marketing Science Institute. MSI Working Report no , 1999

17 INNOVATION SUCCESS FORMULA (STANFORD RESEARCH INSTITUTE) Success Important Needs Value Creation Innovation Champions Innovation Teams Organizational Alignment = X X X X Source: Innovation The Five Disciplines for Creating what Customers Want

18 INNOVATION CULTURE TO INNOVATE EFFICIENTLY We spend most of our time breaking things and trying to prove that we're wrong. That's it, that's the secret. Run at all the hardest parts of the problem first. Get excited and cheer, "Hey! How are we going to kill our project today?" Dr. Astro Teller, Captain of Moonshots (CEO)

19 DATA DRIVEN INNOVATION HOW TO FIND RELEVANCE IN YOUR DATA AND FAIL FAST

20 Big Data Hyper connectivity Real Time

21 GAME CHANGER BIG DATA (INFINITE DATA?) 40 TB Per Hour 8 TB Per Day 1GB Per Second

22 GAME CHANGER HYPER CONNECTIVITY Telecommunications Flight routes Internet Traffic Social Networks

23 THE CHANGING WORLD A DIGITAL TRANSFORMATION IS UNDERWAY

24 Speed of innovation at established organizations Start-ups/nimble organizations breaking through the barriers and innovating quickly

25 BIG DATA & INNOVATION SO WHY DO SO MANY COMPANIES STRUGGLE???

26 DATA SIZE BIG DATA THE CHALLENGE OF CUTTING THROUGH THE NOISE TODAY THE FUTURE

27 FOCUS TODAY: ANALYTICS INTO OPERATIONAL USE Digital Transformation Production Today Analytics Infrastructure

28 TRADITIONAL BIG DATA PROJECT Requirement Business Case Management Decision Budget Released Tool Selection Infrastructure Design/Build Data Acquisition Model Creation Harden Project Test Go Live Idea Result

29 THE INDUSTRY IS CHANGING Digital Transformation Discovery Innovation Lab

30 INNOVATION LAB Innovation Lab Business Case Management Decision Budget Released One Time Result Data Modification Fail fast Model Refinement Harden Project Test Go Live Idea Make it Repeatable By taking it into production Result Agile Low Risk Scalable

31 Innovation Lab Technology Storage/Compute power Data Acquisition Visualization Exploration Analytics Process Accessible Business Unit Empowered Agile Fail fast, Learn People(virtual) Data Scientists Business & Relevant As required: Compliance Officer

32 BIG DATA LAB You miss 100% of the shots you never take. (Wayne Gretzky) On success: Handover-Package Answer to the question Potential benefit (estimate) Data used in the sprint (Sources, Transformation) Analytical Approach and Model

33 INTEGRATION OF THE LAB Discovery Innovation Lab

34 Why Powered by SAS? Guided analytics Faster iterations Data Quality Open Powerful algorithms It s a numbers game SAS Innovation Lab Graphical user interface High Performance Analytics Explorative Easy transfer to production

35 Competitive Advantage cannot be obtained by buying the same packaged big data solution everyone else is buying The Innovation Lab offers a way to out compete using your biggest asset your data

36 To sum it up! Fail fast, and be happy It s a numbers game Give the team the toolbox they need to tackle the issues at hand Create a culture for innovation Organizational alignment

37 OR JUST