This document discusses the importance of data and algorithms in the digital revolution. It notes that data is the new oil fueling innovation and economic growth. Companies are developing algorithms that can learn from data to power automated decision-making. While some resist these changes, technology will continue to progress rapidly whether adopted or not. The document advocates embracing this revolution and utilizing data and algorithms responsibly to transform industries.

1. Data
is
oil
is
money
is
[r]evolu.on
«Banking
is
necessary,
banks
are
not»
SEBASTIAN
DIEMER
CEO
&
Founder
NOAH
Berlin,
June
2015

2. SAVE THE DATE
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Old Billingsgate, London Tempodrom, Berlin
12-13 NOV2015 8 - 9 JUN2016

3. ,,
Wilhelm
II
1900
2013
The
internet
is
virgin
territory
for
us
all.
Angela
Merkel
I
believe
we
will
go
back
to
horses
soon.
The
automotive
is
only
a
temporary
appearance.
,,

4. Welcome
to
the
new
age!
Kreditech
has
developed
an
algorithmic
scoring
technology
which
gets
smarter
with
every
transac.on.
EUR
290m
raised
capital
>200
employees
in
10
offices
20,000
data
points
2m
consumers
scored
«Next
Billion
Dollar
Startup»
APRIL
2015
50m
EUR
revenure
run
rate
Founded
in
2012
Big
Data
made
in
Germany

5. The
Facebook
like
button
is
a
data
leech.
,,
Germany
is
posi.oning
itself
as
the
Digital
Vietnam.
Big
mistake.

6. Fact
№1
Not
understanding
or
ignoring
technology
doesn’t
mean
it’s
not
happening.

7. Fact
№2
This
revolu.on
hasn’t
started.
E-­‐commerce
is
only
taking
orders
in
a
digtal
mode.
Next:
Algorithm
businesses
taking
decisions

8. Fact
№3
The
20th
century
replaced
muscle
power
with
machines,
the
21st
century
is
replacing
the
brain
with
algorithms.

9. Fact
№4
Data
is
the
oil
of
the
21st
century.

10. Fact
№5
Data,
unlike
oil,
is
not
limited
but
growing
exponen.ally.

11. Fact
№6
Algorithms
learn,
machines
don’t.

12. Fact
№7
Data,
like
money,
isn’t
good
or
bad,
nor
stupid
or
smart.
People
using
it
are.

13. facebook.com/kreditech
twicer.com/kreditech
kreditech.com
12