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Rohit Talwar CEO - Fast Future Research SITA 2015 Air Transport IT Summit June 18 th 2015 [email protected] www.fastfuture.com Breakthroughs in Connected Air Travel Beyond the Horizon

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Page 1: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Rohit Talwar

CEO - Fast Future Research

SITA 2015 Air Transport IT Summit

June 18th 2015

[email protected]

www.fastfuture.com

Breakthroughs in

Connected Air TravelBeyond the Horizon

Page 2: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Get a Free Copy of the Book

1. Mention The Future of Business on

Twitter or Facebook before 4pm -

use #futrbiz

2. Follow us @futrbiz

Page 3: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

When Worlds Collide

Page 4: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Can we Change our DNA?

Play by the

Rules of the

Game

Create a

New Game

Page 5: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

‘Future Proofed’ Organisations

Work on 3 Horizons in Parallel

4-10+ Years

Creating

the Future

1-3 Years

Search for

Growth

1-12 Months

Operational

Excellence

Page 6: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

A Digitized Species With a Global Brain

Bostrom’s Digital Simulation?

Page 7: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Rapid Execution e.g. Superfast Construction

Ark Hotel - Dongting Lake - China

Page 8: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Pursuit of Exponential GrowthAirBnB Hotels 90x more listings per employee

GitHub Software 109x more repositories per employee

Local Motors

Automotive

1000x cheaper to develop a new car model

5-22x faster to manufacture a car

Quirky Consumer Goods 10x faster product development (29 vs 300 days)

Google Ventures

Investments

2.5x more investments in early stage start-ups

10x faster through design process

Valve Gaming 30x more market cap per employee

Tesla Automotive 30x more market cap per employee

Tangerine (formerly ING Direct

Canada) Banking

7x more customers per employee

4x more deposits per customer

Page 9: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Strati – First 3D Printed Car (Local Motors)

Page 10: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups
Page 11: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Exponential Market Cap ImprovementAge (years) 2011 valuation 2014 valuation Increase

Haier 30 $19 billion $60 billion 3x

Valve 18 $1.5 billion $4.5 billion 3x

Google 17 $150 billion $400 billion 2.5x

Uber 7 $2 billion $40 billion 20x

AirBnB 6 $2 billion $10 billion 5x

Github 6 $ 500 million

(est.)

$7 billion 14x

Waze 6 $ 25 million $1 billion (2013) 50x

Qirky 5 $ 50 million $2 billion 40x

Snapchat 3 0 $10 billion 10,000x +

Page 12: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

I am My Data... and it’s Used Poorly

Page 13: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Nanotechnology /

Atomically Precise

Manufacturing

3D / 4D

Printing

New

Computing

Architectures

Hyperconnected

Internet of

Humanity

Immersivity /

Mixed Reality

Living

Food Chain

Transformation

Energy

Innovation

Robotics /

Drones

Brain

Uploading

A Possibility Explosion

from Exponential

Science and Technology

Developments

Blockchain

Technology

Healthcare

Transformation

Artificial

Intelligence /

Conscious

Technology

Synthetic

BiologyHuman

Augmentation

Page 14: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Embracing the Transformative Role of IT

Customer

Centric

‘Hive Mind’

Talent:

Develop and

Leverage

Staff

Innovate to

Differentiate

Re-engineer

Processes

Page 15: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Technology Timeline

Page 16: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Our Technologies are Evolving From

the Desktop...

Page 17: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

...to Portable and Mobile ...

Page 18: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

...Wearable...

Page 19: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

...Embedded...

Page 20: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

... And Connected to an Augmented, Immersive

Multi-Sensory ‘Internet of Everything’

Page 21: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Artificial Intelligence

Page 22: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Intelligent

Assistants

and Digital

Twins

Page 23: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

The Next Internet –

AI / 3D / VR / AR / Embedded?

Page 24: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Human vs.

Machine

Intelligence

Page 25: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Collaboration

– e.g. Airport

Operations

Control CentreMulti-party

Collaborative

Decision Making,

Real-time Business

Intelligence (BI),

Shared Analytics

Page 26: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups
Page 27: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Airport Robots

Page 28: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Robot Bar Staff

Page 29: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Robots and Conveyer Belts the

Future of In-Flight Meals?

Page 30: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Laser Molecular Scanners Detect

Traces of Drugs and Explosives

Page 31: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

A World of Multiple ActorsRobots, Androids, Holograms, Display-based AI Manifestations

Page 32: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

New Possibilities

Page 33: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Deeper Comparison – e.g. RouteHappy

Page 34: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

From Classes and Segments to Choices

on the Service Spectrum

• Experience

• Service

• Seat

• Food and

Beverages

• Boarding

• Entertainment

• Language

• FFP Miles

• Luggage

• Lounge

• Offers

• Ground

Transport

• +++

Page 35: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Eye Tracking IFE

Page 36: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Virtualising the Experience

Page 37: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Augmented, Broader and Deeper Retail

Dynamic, Real-Time Offers Tied to Destinations

Page 38: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Brand Engagement – Airlines and Beyond

What’s the Potential of a Captive (and Bored?) Audience

Page 39: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Social Interaction Zone (Airbus)

Page 40: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Smart Tech Zone (Airbus)

Page 41: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Vitalising Zone (Airbus)

Page 42: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Alternative Revenue Models E.g. Auctions

$5190

(£3088)

$14,770

(£8791.50)

$136

(£81)

Page 43: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Bitcoin, Blockchain, Smart Contracts

and Distributed Accounting Ledgers

“I’m an asset, and I belong to XYC Company,

here’s a digital signature to prove it”.

Page 44: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Decentralized Autonomous Organizations /

Software Defined Companies / Corporations as a Technology

Automation Junkies

Page 45: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

The Non-

Owned

Aircraft

Page 46: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Virtual Collaboration

Novel and Adaptive Thinking Social Intelligence

Trans Disciplinarity

New Media Literacy

Computational

Thinking

Design MindsetCross Cultural Competency

Sense MakingCognitive Load Management

Page 47: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Conclusion – Critical Choices

Page 48: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

Get a Free Copy of the Book

1. Mention The Future of Business on

Twitter or Facebook before 4pm -

use #futrbiz

2. Follow us @futrbiz

Page 49: Breakthroughs in Connected Air Travel...Quirky Consumer Goods 10x faster product development (29 vs 300 days) Google Ventures Investments 2.5x more investments in early stage start-ups

DISCLAIMER

Any use, republication or redistribution of this content is

expressly prohibited without the prior written consent of the

Author. Permission to copy and reproduce content may be

granted by the author, at their discretion, and by request

only.

Source: presentation of Rohit Talwar, Fast Future Research

at the 2015 SITA Air Transport IT Summit, Brussels.

2015 Air Transport IT Summit