Data Discussion - Digital transformation: Success stories of big corporation
summary
Claims concrete outcomes: a machine learning pilot finds "digital oil" by identifying productive layers, predictive models run on refinery sensors to schedule maintenance and cut downtime, logistics rollouts use tablets, routing and pick-by-voice warehouse systems to shave hours off delivery, retail banking offers a fully end-to-end online account and loan in 15 minutes, teams form of geologists plus data scientists, budgets range from >$1,000,000 to tens of millions, cultural change is the main bottleneck and roughly 70% of digital projects fail unless tied to clear KPIs.
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chapters (18)
- 0:00Introduction
- 5:58Digitalisation for oil and gas
- 7:00Data is new oil
- 8:37Which side suits you better
- 14:12Ongoing process
- 15:27Customers
- 17:07Digitalization
- 20:20Hiring
- 22:28Cultural shift
- 24:18Talents and competencies
- 26:38Lessons of digitalization
- 31:07Connection between digitalization and finance
- 33:26Do you still have nondigital partners
- 34:30What about the banks
- 36:21Digital partners
- 38:40Potential for sales
- 42:48Budget
- 44:23Digital transformation
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