WE LIVE IN A RELATIONSHIP ECONOMY

In the race for data, the power of relationships has been neglected. A divide has appeared.
Businesses that can extract value from data in real time. And those that can't.

WE BELIEVE

  • Businesses that unlock the relationships between data to drive growth, will thrive.

  • For those that perpetuate legacy, the clock is ticking.

THERE IS A NEW WORLD ORDER

Creative Disruption Continues

The average age of a company listed on the S&P 500 fell from almost 60 years in the 1950s to less than 20 years today.

Credit Suisse, Eugene Klerk, 2017

53 companies from the 1955 edition of the Fortune 500 were still on the list in 2018.

Mark J. Perry, Academic, 2018

28 of the companies from the 1984 edition of the FTSE 100 remained on the index in 2017.

Schroders, David Brett, 2017

KNOW WHAT CUSTOMERS WANTS BEFORE THEY KNOW IT

“Technology advances have given businesses access to exponentially more data about what users do and want. It is an amazing opportunity for whomever can use analytics to unlock the information inside, to give customers what they really want."



PWC, Financial services technology 2020 and beyond: Embracing disruption

BIG BRANDS ARE ON THE MOVE

  • 81% of banking CEOs are concerned about the speed of technological change, more than any other industry sector

PwC’s 19th Annual Global CEO Survey

  • Two thirds of JP Morgan’s 50,000 technologists are software engineers. In 2019 their tech budget was $11.4Bn.

Reuters, August 2018

  • Our estimates suggest more than half of the activities people are paid to perform can be automated by adopting advanced AI

Financial Services Technology 2020 PWC

  • Banks under exploit the data that they hold and are struggling with the changing skillset demanded in salespeople

Future of Sales at Investment Banks, PWC

  • Banks compete with top-tier tech giants. In the US, there will be a shortage of 1.4 million software developers by 2021

NCube 2018

  • By some estimates, businesses use only 0.5% of available data. To turn data into insights, firms must overcome data stuck in silos

Data and analytics in financial services, PWC

  • AI and its related technologies will have a seismic impact on all aspects of the insurance industry

Insurance 2030, McKinsey 2018

  • There is a $148 billion market for HR cloud solutions to address the needs for the future of work … this is expected to continue to grow

HR Technology Survey, PWC 2020

“….Potential that I feel is rare in the industry. I now see the overall worth of the Glia solution as being far more than I had ever expected.


Professor Philip Tetlow

IBM, CTO Data Ecosystems & Academy of Technology
Vice President - Emerging Technology

#jointhedots with GLIA ECOSYSTEMS

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