Getting More Value from your Cloud Data Assets
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1) The document discusses ways to create more value from cloud data assets. It provides examples of how they helped Arrow Electronics create a new $1.5M revenue stream by building an analytics platform to syndicate transaction data. 2) It discusses the paradox of having large amounts of cloud data but difficulty extracting value from it. It also introduces the concept of APIs and how they can provide automated access to extend functionality. 3) The approaches discussed include building an analytics platform and middleware to serve/syndicate content from cloud data, as well as expanding integration capabilities through an integration platform as a service.
Getting More Value from your Cloud Data Assets
- 1. GETTING MORE VALUE FROM YOUR CLOUD DATA ASSETS September 12, 2016
- 2. TABLE OF CONTENTS 1 1) SIMPLE TENANT OF VALUE CREATION 2) WHAT WE DID FOR ARROW 3) CIO PRIORITIES THIS YEAR 4) CLOUD VALUE PARADOX 5) OUR VIEW OF THE API ECONOMY 6) DATA STRATEGY: 4Ps 7) PARTNER AND PUBLIC APIs 8) APPROACHES 9) TECHNOLOGY
- 3. SIMPLE TENANT OF VALUE CREATION IN TECHNOLOGY 2 “The primary purpose of my technology investments are to help the firm make money or save money.” - Ash Brooks, CIO Arrow Electronics
- 4. WHAT WE DID FOR ARROW 3 Created New Revenue Stream – Helped Them Make Money in a New Way We created a $1.5M Net Profit that translated to approx. $40M in Gross Revenues @ 5% margin How did we do it? Analytics platform that syndicated content from 100M+ transactions, across 100K+ SKUs, 1000s of accounts to 100s of Suppliers and Partners
- 5. THE CLOUD VALUE PARADOX 4 • By 2018 more than 60% of enterprises will have at least half their applications in the cloud. • Getting all this data to add value is no easy feat.
- 6. WHAT IS AN API? 5 1B+ Per Day 15B+ Per Day 10B+ Per Day & Ever used Facebook to verify your identity?
- 7. WHERE DO APIs PLAY IN THE CONTEXT OF YOUR DATA? 6 Proprietary Purchased Public Partner
- 8. NETWORK EFFECT OF THE API ECONOMY 7 Pull Push Subscribe Publish APIs give you automated access to Cloud data, extend functionality and help catalyze new ways of doing business Processing Processing 20K+ viable services B2D, Platform
- 9. SO WHERE ARE WE CREATING VALUE? 8 Analytics Platform for NetSuite Cloud – Highly complex schema – 100s of tables – Built off an Open, HTML 5 In-Memory Platform with Associative Indexing Engine – Content consumable / embedded into other apps Middleware APPsAPIs C-Connect™ 30K+ Accounts 300K+ Users
- 10. PLATFORM CAN SERVE / SYNDICATE CONTENT 9 Productizing Analytics Platform Investment
- 11. WHERE WE ARE HEADED 10 Your Choice Expanding Knowledge Base on High Growth Services Supporting Existing DataViz tools: Qlik, Tableau, Power BI C-Connect™ APPsAPIs Integration Platform as a Service for Analytics
Editor's Notes
- #6: This is a cost saving / complexity creating trend Page 2 of 18 Gartner, Inc. | G00271876 – Source for Below Aging infrastructure: Many companies have investments in legacy integration products at the end of their product life and lack the budget or desire to invest in costly replacements. ■ Innovation: Many companies need new capabilities — such as analytics, APIs, e-invoicing, corroboration, and compliance — that are often not easily addressed with existing solutions. ■ Priority: Many companies would rather invest limited in-house resources in IT projects involving CRM, SaaS, mobile or IoT rather than basic integration. ■ Complexity: Many companies (rightfully) consider doing integration to be challenging and timeconsuming and, therefore, seek advice on the viability and options for outsourcing. ■ Time-to-deployment: Even if the budget is available for integration technology and skills, many companies find service providers more capable of meeting time-to-deployment needs.
- #7: Application program interface (API) is a set of routines, protocols, and tools for building software applications. An API specifies how software components should interact and APIs are used when programming graphical user interface (GUI) components.
- #9: 50% of Salesforce.com revenue is attributed to API / Integration solutions. Amazon and SFDC have been publishing APIs since 2000s I learned something form Brian McClendon tonight. The network effect of a two sided economy. The API economy spawned a itself operates extremely similar to this notion of the sharing economy. Uber had Google API services at the core of their technology. Creating value in the Information Lifecycle
- #12: To fill this need, Crunch Data introduces C-Connect, an “integration brokerage” middleware, purpose built for data visualization and business analytics software applications. C-Connect offers turn-key API integration brokerage from a browser based user interface to more than 50 popular cloud APIs out of the box. Our C-Connect middleware helps users save time in using complex API services and helps users get more value from cloud vendor API services relationships.