Calgary Q4 Energy Data Luncheon 2022

Calgary Q4 Energy Data Luncheon 2022
Please join us on November 23, 2022, for the Calgary Energy Data Luncheon. This event is eligible for one Professional Development Unit.


Attending PPDM Association events includes a host of benefits like:
- Create powerful and meaningful connections with your peers, in-person or virtually, in a common, vendor-neutral environment.
- Learn from speakers and attendees on the latest trends and technologies.
- Grow through shared experience and case studies.
- Showcase your products and services as a sponsor.
- We know Data. Data has been our focus for more than 30 years.
- and more.

Presentation

Join Prashanth Southekal, DBP-Institute
will present a talk entitled
"Transitioning from Data Management to Decision Science for Data Analytics Success"

Abstract:

Organizations all over the world are looking at leveraging Data and Analytics for improved business performance. A report from MIT says, digitally mature firms are 26% more profitable than their peers. McKinsey indicates that companies that are insight-driven report EBITDA increases of up to 25%. However, many data and analytics projects have failed to deliver business results. According to Gartner, over 80% of the Data & Analytics Projects Fail. A joint study by IBM and Carnegie Melon University found that over 90% of data in an organization is never used for any strategic purpose. Venture Beat study found that 87% of the Data & Analytics models do not get deployed in Production.

While there are many reasons for the failure of Data & Analytics projects, one of the reasons is not focusing on the last mile of analytics. The last mile of analytics is the process of converting insights from data into business results. This is mainly because, most data and analytics programs today are executed in the traditional “SDLC Waterfall” way i.e., requirements, solutions (i.e., data and models), and outputs (i.e., insights, and results) where requirements elicitation, data sourcing, and data engineering take a lot of time and effort with no or little business value. Instead, the focus should be on the “end in mind” i.e., starting from the end i.e., what insights are needed to achieve decisions and business results and how to get the right data to derive those insights. In other words, the thinking needs to change from understanding the decisions at stakes, the insights needed to make decisions, and the data needed to derive insights. We need to transition from Data Management to Decision Science for Analytics Success.

In this presentation, Mr. Southekal will talk about the practical techniques to move from the traditional data management strategy to decision science strategy so as to improve the odds of Data & Analytics project success.  Specifically, he will give an overview of the problem, discuss as to why the traditional “SDLC” Waterfall” way is not a viable option to deliver Data & Analytics Projects, and then offer prescriptive recommendations on the required capabilities for organizations to build and deliver a strong insight strategy for successful business results.  


About the Presenter

Dr. Prashanth Southekal is a Consultant, Author, and Professor. He has consulted for over 80 organizations including P&G, GE, Shell, Apple, FedEx, and SAP. Dr. Southekal is the author of two books — “Data for Business Performance” and "Analytics Best Practices” — and writes regularly on data, analytics, and machine learning in Forbes and CFO University. His second book, ANALYTICS BEST PRACTICES was ranked #1 analytics books of all time in May 2022 by BookAuthority. He serves on the Editorial Board of MIT CDOIQ Symposium, Advisory board member at BGV (Benhamou Global Ventures) a Silicon Valley-based (Menlo Park) venture capital firm, and a Data and Analytics Advisor at Evalueserve (CH), Grihasoft (IN), Illumex (IL), Astral Insights (US), and Miles Education (IN). Apart from his consulting and advisory pursuits, he has trained over 3,000 professionals worldwide in Data and Analytics. Dr. Southekal is also an Adjunct Professor of Data and Analytics at IE Business School (Madrid, Spain) and CDO Magazine included him in the top 75 global academic data leaders of 2022. He holds a Ph.D. from ESC Lille (FR) and an MBA from Kellogg School of Management (US). He lives between Calgary (CA), Madrid (ES), and San Francisco (US). Outside work, he loves juggling and cricket.



 

Location and Timing

This luncheon will take place in the main floor large Conference Room of 639 5th Avenue SW.

Registration will take place from 11:15 to 11:30 outside the meeting room. Lunch will be served at 11:30. If you have any food allergies please let us know during the registration process. If you find you are no longer able to attend, please advise us of your cancellation as soon as possible to free up a space for another attendee.

Non-Member Rate

Members: Free
Non-Members: $10
Become a member now here for only $100.

Professional Development Units

This event is eligible for one Professional Development Unit:
To learn more about Professional Development Units (PDU) and the CPDA Certification Program, please visit our Certification Page.

Calendar Invitation

This Calendar invitation is available below for download. Please note: the Calendar invitation does not register you to attend.

Thank You!

It is through the hard work of our volunteers, the Calgary Leadership Team, and our sponsors and speakers that this event is possible. We sincerely appreciate their efforts bringing together energy data management professionals.

Thank you to our Event Sponsor



Thank you to our Series Sponsor

   

Additional Information

If you would like more information on the PPDM Association events or opportunities for sponsorship, please feel free to contact us.

Health & Safety Information: By attending this event, you understand that PPDM Association Policies require you to follow the local/regional/WHO safe gathering guidelines including hand/respiratory hygiene, social distancing, and specific venue requirements. If you/your household has unusual fever, cough, sore throat, shortness of breath, or have a close contact who tested positive for COVID19, please do not attend this event. You also accept on behalf of yourself, your heirs, next of kin, executors, administrators and assigns, you freely accept and fully assume: all risks, dangers and hazards inherent in and/or any way connected with your participation in the Event (or any part thereof). Participation in the Event has risks and hazards including risks associated with COVID-19. As a participant, you may suffer property damage, personal injury, illness, and even death. You freely and voluntarily assume all the risks and hazards of participation in the Event, including any legal risks. This means that you are giving up your right to sue the PPDM Association for any reason, including the PPDM Association’s negligence, if you suffer any damage, injury, illness, loss or death by participating in the Event. If you do not accept these terms, please do not attend the event.

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When
11/23/2022
Where
CALGARY, AB CANADA

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