The future of analytics
This year I’ll be attending IBM Vision for the first time. I’ve been to many conferences in my career, but one that is focused on the finance, risk management and sales operations is new to me. I’m looking forward to the opportunity to dive deeper.
As I become more learned in this new-to-me industry, I’m noticing a pattern. Can you spot the trend in the following research and statistics?
- In a leading analyst survey, CFOs state that decision making and business performance require technology investment.
- Only 24 percent of CFOs think their organization successfully integrates enterprise-wide data.
- 90 percent of organizations use spreadsheets for planning, budgeting and forecasting.
- Nearly 40 percent of business stakeholders without access to analytics make decisions based on something other than data.
- Top performing organizations are 75 percent more likely to use predictive analytics.
- Predictive analytics increase operating margins and boost productivity by 150 percent.
Companies are looking for new ways to transform their businesses using data and analytics to get the insights they need to make the best decisions. Employees need to invest in themselves to become the sought-after person who can use modern tools to analyze data to find the important insights that will help make a difference.
Employees can start on the path to discovering business insights at the IBM Vision Conference. I look forward to the general sessions, as I personally find them motivating and inspiring, and, most importantly, they help me see the trends for the coming year. Watch this video from the website of one of IBM Visions’ guest speakers, Ben Casnocha, for a glimpse of what you can learn during a general session:
Ben Casnocha is an award-winning entrepreneur, author and executive in Silicon Valley. His latest book was coauthored with LinkedIn founder Reid Hoffman: The Start-Up of You: Adapt to the Future, Invest in Yourself, and Transform Your Career. The book motivates readers to “see opportunity where others see obstacles, take risks when others take refuge” and it “shows you how to take control and build a career that will enable you to have real impact.”
What makes Ben Casnocha a can’t-miss speaker at IBM Vision? He is an extraordinary entrepreneur and expert in his field, having founded leading e-government software company Comcate, Inc. when he was just 14 years old! He also advises internet entrepreneurs at Wasabi Ventures and has written for Newsweek, the American Enterprise Institute, NPR’s “Marketplace” and the U.S. State Department.
The future looks incredibly exciting with analytics, but in order to succeed in this environment, we must adopt an entrepreneurial mindset that will enable us to be a powerful force of change within our organization. Ben and other world-class speakers and authors will take IBM Vision attendees on a journey to explore how they can create a more adaptive organization through the strategic application of analytics. This is just one of the many reasons you should attend this year’s IBM Vision conference.