How the CFO Uses Returns from Investments
How the CFO Uses Returns from Investments
Posted by David Kuketz on April 6, 2020
Data is incredibly flexible, reusable, extendable, and when leveraged as an asset in your company with greater usage, higher frequency and velocity it becomes highly valuable. Utopia Strategic Value Management (SVM) helps to examine the value of data and chart a course to creating more economic value, improve agility and increase speed of business.
Posted by David Kuketz on March 3, 2020
Posted by David Kuketz on January 14, 2020
“I cannot figure out the value of my data!” Exactly! Art or science, theoretical. Few have connected the value of data to the value of a business or shown causality of quantitative improvement in Data Quality (DQ) to a measurable increase in business outcomes. If a race car team has a new motor with more output than the previous generation (or competitors), should they use the same fuel or improve the fuel quality to maximize the output of the new motor? The answer is, it depends on what the motor requires; that may determine whether they win races, or not.
Posted by David Kuketz on October 11, 2019
Today, companies are moving at the speed of thought, moving the needle on the KPIs for the outcomes that make them great companies. Great companies provide optimized customer experience management (CX) and operational excellence (OX), not to mention accurate, real-time reporting with full transparency of information to stakeholders.
Posted by Utopia Marketing on December 27, 2018
As we approach the end of 2018, we’ve seen many conversations go back to this concept of digital transformation. How can you know if you’re really transforming your business, or even more so, doing it well? As millions of dollars are being invested by organizations in programs to evolve and change to face market, consumer or industry demands, it’s imperative to know if what you’re doing is setting you up for success. This depends on a foundation beyond just the infrastructure that can enable your transformation – it’s beneath that, at the very core… your data.
Posted by Utopia Marketing on July 24, 2018
Even the smartest IoT technology available is not useful if it cannot be used to help predict assets’ maintenance needs, reliability, and how they should function in conjunction with other pieces of equipment in the larger ecosystem. That means the master data loaded into any system of record as a digital representation of those physical assets needs to be flawless – or your city/state/government will run into some major issues (and costly expenses).
Remember WAY back when “technology” was the hot buzzword? Companies quickly jumped to incorporate it into their messaging, commercials, websites.
REAL PRODUCT DESCRIPTION:
The [company name withheld] Towel is made from a proprietary performance fabric that instantly cools when soaked with water, wrung out, and then snapped in the air to activate the cooling properties. The proprietary technology works by absorbing moisture and perspiration into the fabric core.
But seriously… It’s a towel. Not a smart towel which send data back to your phone, or records your body temperature so you can ensure you’re not overheated. Just a towel.
Quickly, the term technology evolved to a broader definition – “anything involving the application of scientific knowledge for practical purposes.” – Thanks Google.
But in the last few years, we (as creators, consumers, managers of technology), have found our new hot phrase. IoT… The Internet of Things.
WHAT IS THE INTERNET OF THINGS?
Posted by Utopia Marketing on July 10, 2017
Today, more than ever, CIOs are faced with developing the roadmap for their organization's journey to digital transformation. This often includes if/when they are moving to the cloud and how to drive business innovation through connection of people, data, devices and networks in real-time (IoT). Over the last few years, a greater priority has been placed on the 'fully-connected technology ecosystem' and organizations are continuing to invest more in this digital imperative. The infographic below shares some surprising stats around the adoption of IoT and digital transformation.