being a market leader in an always-connected world
Post on 14-Sep-2014
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Get an insight from NTT i³ President and CEO Srini Koushik about how humans are evolving with technology—and where technology, and its effect on the enterprise and business leaders–is headed.TRANSCRIPT
Being a market leader in an always-connected world Srini Koushik President & CEO
NTT I3
Follow @skoushik
© Copyright 2014 - NTT Innovation Institute Inc.
ABOUT THE PRESENTER
© Copyright 2014 - NTT Innovation Institute Inc.
Srini Koushik is President and CEO of NTT Innovation Institute Inc. (NTT I³, pronounced NTT I cubed) the Silicon Valley-based R&D arm of the NTT Group, a global leader in information and communications technology ($132B in revenue in 2012). Srini was 30 years of experience as Programmer, Architect, CDO, CIO and CTO for Fortune 100 Companies including IBM, HP and Nationwide. Srini is an Open Group Distinguished Certified Architecture profession leader. He has published several articles, holds three patents, and co-authored a best-selling book, Patterns for e-business, in 2001. He was elected to the IBM Academy of Technology, and was named an IBM Distinguished Engineer in 1996. He was also named an Elite 8 CIO by Insurance and Technology, a Top 25 CTO by Infoworld, a Top 10 All-Star in the financial services industry by TechDecisions, and a 2014 Computerworld Premier 100 Technology Leader. Srini holds a bachelor’s degree in physics from the University of Madras, a master’s degree in computer science from the University of Bombay, a master’s degree in business administration from Ohio State University, and has completed executive education courses from both the MIT Sloan School of Management and Duke University. Srini enjoys skydiving, hang gliding and other extreme sports. He is currently working towards his private pilot license. He enjoys traveling and has been to 51 countries and wants to visit the other 144 countries in his lifetime. He lives with his wife, daughter and Sheltie in Monte Sereno, California.
Where is technology headed?
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Computing power continues to increase
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IBM/360 Model 75 Used for sending Apollo 11 to the moon. 1969
1,000,000,000
iPhone 5S. Used for just about everything. 2013
X
Computers are becoming smaller and specialized
Built for purpose Simple Aesthetically designed Intelligent and learning Network connected
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And more pervasive
Sensors
Wearables
Home appliances
Automobiles
Machines
50 billion connected devices by 2020 (Cisco)
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The way computers interact with humans is changing
Touch
Voice
Biometrics
Haptic
Gestures
Vision
From keyboard and mouse
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SENSOR
DEVICE
DEVICE
LE Bluetooth, Wi-Fi, Cellular, Mesh, Manet
NETWORK ACTUATOR
DEVICE CLOUD SERVICES
CLOUD-BASED INTELLIGENCE
• Mashery • Custom • Machine
Learning APIs
• Nitorgen IO • Custom actuator
• GPS • Gyroscopes • Touch • Microphones • Cameras • Etc.
• Smartphones • Wearables • Smart Applications • Connected Devices • Raspberry or Arduino-
based custom devices
• Touch • Voice • Haptic response • Gestures • Biometrics • Vital Signs
HUMAN
And the way they interact with one another is also evolving rapidly
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Leading to the digitization of the analog world
2001 2004 2007 1995 2008 2011
BOOKS MUSIC GENOME PHOTOS MOVIES PERSONAL DNA ANYTHING
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The digital world is always connected
Google Project Loon
Zuckerberg’s Internet.org
PAN
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MESH LAN WAN
And the cloud makes it available—all the time, from any place
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Now, we have the ability to go from digital back to analog on demand
Foodini, a 3D food printer by Natural Machines
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©solarpix.com
Blurring the boundaries between physical and digital
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How have humans evolved with technology?
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The world is connected online
2.89 billion Internet users
8 new Internet users added every second (internetworldstats.com)
1.28 billion Facebook active users (Facebook)
255 million Twitter active users (Twitter)
968 million smartphones sold in 2013 alone. (Gartner)
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The network effect of these connections is immense
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One user joins Facebook At five friends, the user’s network value
is 36
An average user with 130 friends has a network value of
17,161
Source – The New Sharing Economy Latitude and Shareable Magazine
Creating the new sharing economy which changes how we consume goods and services
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With the emergence of asset-light customers
Don’t own assets
Share them on demand
Motivated to save space,
time and money
Lyft, Zipcar, Uber
Google Shopping Express, Amazon Prime
Airbnb, Couchsurfing
TaskRabbit
Fiverr, oDesk
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These customers are Apple-ized
Enterprise use of technology
Consumers’ technological expectation
How consumers would like to use technology
Digitization of services
Instant information
User-centric experience
EXPECTATION GAP
EXPERIENCE GAP
2000 2013
BYOD
Design-centric
Easy to use and to implement
Easy to switch
Smaller and faster
2007
Simple and seamless
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These consumers are empowered by the cloud and crowd
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And they’re taking control of their data
• The Ephemeral Internet
• Users own data and privacy
• Active defense
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How are these changes impacting enterprises?
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Today’s leaders are digital businesses
Wi-Fi
Mobile payments
Mobile apps
Context awareness
Big-Data analytics
§ Jim Smith, Male § Birth date: 09.27.1975
§ Tall Soy Latte, Mon-Fri § Tea + Mocha Frappuccino, Saturday
§ Mon-Fri: 150 3rd St., San Francisco § Sat-Sun: 1050 University Ave, Palo Alto
§ Music Downloads: Jazz, R&B § Game Downloads: Word Puzzles
§ Coupon: Venti Soy Latte for price of a grande § Coupon: Buy one get one free, Sundays
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Who recognize the dangers of digital disruption
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They reimagine the experience and don’t just reengineer it
SECURE – SEAMLESS – CONTEXT AWARE
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Property
Automobiles
Currency
Mutual funds and retirement plans
Banking and lending
Self driving cars
Asset-light lifestyle
Crowd funding
Micro financing
Electronic currency
They re-imagine financial services
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Genomics
Patient empowerment
Primary care alternatives
Wearables/implants/ingestibles
Social aging
Reimagine healthcare
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How are market leaders responding
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Innovation is the set of capabilities that allows the continuous realization of a desired future by transforming what is possible into what is valuable for many
BUSINESS (VIABILITY)
PEOPLE (DESIRABILITY)
TECHNOLOGY (FEASIBILITY) Process
innovation
Functional innovation
Experience innovation
Emotional innovation
Recognize the importance of human-centered design
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Build agility into their enterprise
Encourage experimentation
Accept failure as a route to great ideas
Give people time to think
Foster creativity and playfulness
Embrace cross-domain interaction
Be willing to change
THINK SMARTER – ACT FASTER – FLEX YOUR BUSINESS
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Choose CRAFTSMANSHIP over standardization
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The business tenets of the cloud are embedded in their DNA
• Innovate, experiment and integrate
• Do not undertake large, multi-year transformational programs and big software platforms
• Lower barriers to entry by simplifying access to resources
• Hide the complexities of IT services, and make it easy for users to consume these services
• Scale rapidly based on consumption
• Provide transparent and consumption-based costs
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Demographic Data
Sensorial Data
M2M Communications
Social Conversations
Transactional Data
Have mastered their data, gain insights and act on them
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Capture
Cleansing and Storage
Analytics
Insights
Decisions
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