Want to make money with your data?

Please join xLab 
for a free breakfast discussion

Stephan Liozu, agent of disruption and author of the book, Data Monetization,
will share insight on how companies first need to design a value model and then create the technology around it.
~
Friday, February 22, 2019
8:00-9:30 am

Room 02, Peter B. Lewis Building
11119 Bellflower Road,
Cleveland, OH 44106

RSVP Today

If you cannot be there in person, you can also sign up here for a live stream video.

JOIN THIS IMPORTANT CONVERSATION 

Stephan Liozu will discuss how companies scramble to invest in IoT, AI, other digital investments because the digital revolution promises trillions of dollars in created value by 2030. Yet most companies struggle to monetize the data from those investments.

Proving the point, Cisco reported that 60% of IoT Initiatives stall in the Proof of Concept phase and that only 26% of companies have had an IoT initiative that they consider a success. In 2017, Siemens also revealed that less than a fifth (18%) of surveyed companies analyze more than 60% of production data they collect.

Finally, Simon-Kucher & Partners (SKP) reports that 3 out of 4 firms that invested in digitalization in the past 3 years fail in their efforts due to the lack of monetization strategies, a focus on the wrong priorities, lack of customer intimacy, and neglect of digital pricing best practices. In fact, only 18% of these firms are true digital heroes.

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