DIGITAL DISRUPTION:DATA
SOFTWARE & ANALYTICS IN FINANCE
DIGITAL DISRUPTION : DATA , SOFTWARE ANALYTICS IN FINANCE/ACCOUNTING
PRESENTATION TO ACCA – AMC
BY WALTER MUWANDI
7 DECEMBER 2017 - ADDIS ABABA ETHIOPIA
INTRODUCTION:
What is Digital Disruption :
Any technology that significantly affects how we do Business In General; and how customer,supplier value is impacted, changes the competition landscape and Completely Replaces the Status Quo:
The Wheel of Disruption
DISRUPTIONATWORK:SOMEINTERESTINGSTATS
▪ Takenbusinessoffmobilecompanies,fixedlineoperators
▪ BoughtbyFacebookforUS$19Billionin2014
▪ DoesnotOwn/Leaseanytelecommunicationsnetwork
▪ Has1.2BillionActiveUsers
▪ Handles30BillionTextsPerDay
▪ OperatesAcrossalMultiplePlatforms(Android,IOS,Windows,Mac,WindowsPhone)
▪ Onlyhas50(Fifty)Employees(YesyouarenotDizzy&youreyesightandhearingisperfectlyperfect)
▪ FounderJanKoum onceappliedforajobatFacebookandwasturneddown.
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BUSINESSAPPLICATION:TRIVAGO
https://www.trivago.com/
▪ Over120MillionVisitsPerMonth
▪ Over1MillionHotels,handlesalmost200MillionHotelRatings,and14MillionPhotos
▪ Over250BookingSites
▪ PaidperClick(TurnoveroverUS$500M
▪ GermanCompanybutoperatesinover50Countries,CanBookhotelfromanywhereanytime
TravelAgencies,PriceCompetition,ConsumerChoice
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DISRUPTIONINFINANCE&ACCOUNTING:CLOUDCOMPUTING(SAAS,PAS,CHEAPERAFFORDABLEBUYFROMANYWHERECOMPETITIONISNOWWIDEOPEN,BUYNOWUSENOW!!,ALLDEVICESPECIFIC)
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HOWTECHNOLOGYANDDATAANALYTICSISCHANGINGTHEFINANCEROLE:(FROMDATACAPTURERTOLEADER)
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SOFTWAREOPTIONS:
GENERICSEG POWERBI/QLIKVIEW/ACL/IDEA/SAS/ ADVANTAGES
▪ PowerBIComesasPartofOffice365
▪ VeryPowerful
▪ CanbePluggedIntoanyDatabase/ERP
▪ VeryCostEffective
▪ BasedonExcelCommandslessDatabaseKnowledgeSkillsforScriptingrequired.
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SOFTWAREOPTIONS:
ERPSPECIFIC:EGSAGEINTELLIGENCEREPORTING/SAPBUSINESSOBJECTS/HYPERION ADVANTAGES
▪ UsuallyComesasaModuleofanERPSolution
▪ LessIntegrationComplications
▪ AllowsUsertoEasilyCustomises
▪ CanMineDatafromOtherDatabaseseg
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WHYISITCALLEDDISRUPTION??????
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QUESTIONS&ANSWERS
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