breakthroughs in connected air travel...quirky consumer goods 10x faster product development (29 vs...
TRANSCRIPT
Rohit Talwar
CEO - Fast Future Research
SITA 2015 Air Transport IT Summit
June 18th 2015
www.fastfuture.com
Breakthroughs in
Connected Air TravelBeyond the Horizon
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When Worlds Collide
Can we Change our DNA?
Play by the
Rules of the
Game
Create a
New Game
‘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
A Digitized Species With a Global Brain
Bostrom’s Digital Simulation?
Rapid Execution e.g. Superfast Construction
Ark Hotel - Dongting Lake - China
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
Strati – First 3D Printed Car (Local Motors)
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 +
I am My Data... and it’s Used Poorly
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
Embracing the Transformative Role of IT
Customer
Centric
‘Hive Mind’
Talent:
Develop and
Leverage
Staff
Innovate to
Differentiate
Re-engineer
Processes
Technology Timeline
Our Technologies are Evolving From
the Desktop...
...to Portable and Mobile ...
...Wearable...
...Embedded...
... And Connected to an Augmented, Immersive
Multi-Sensory ‘Internet of Everything’
Artificial Intelligence
Intelligent
Assistants
and Digital
Twins
The Next Internet –
AI / 3D / VR / AR / Embedded?
Human vs.
Machine
Intelligence
Collaboration
– e.g. Airport
Operations
Control CentreMulti-party
Collaborative
Decision Making,
Real-time Business
Intelligence (BI),
Shared Analytics
Airport Robots
Robot Bar Staff
Robots and Conveyer Belts the
Future of In-Flight Meals?
Laser Molecular Scanners Detect
Traces of Drugs and Explosives
A World of Multiple ActorsRobots, Androids, Holograms, Display-based AI Manifestations
New Possibilities
Deeper Comparison – e.g. RouteHappy
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
• +++
Eye Tracking IFE
Virtualising the Experience
Augmented, Broader and Deeper Retail
Dynamic, Real-Time Offers Tied to Destinations
Brand Engagement – Airlines and Beyond
What’s the Potential of a Captive (and Bored?) Audience
Social Interaction Zone (Airbus)
Smart Tech Zone (Airbus)
Vitalising Zone (Airbus)
Alternative Revenue Models E.g. Auctions
$5190
(£3088)
$14,770
(£8791.50)
$136
(£81)
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”.
Decentralized Autonomous Organizations /
Software Defined Companies / Corporations as a Technology
Automation Junkies
The Non-
Owned
Aircraft
Virtual Collaboration
Novel and Adaptive Thinking Social Intelligence
Trans Disciplinarity
New Media Literacy
Computational
Thinking
Design MindsetCross Cultural Competency
Sense MakingCognitive Load Management
Conclusion – Critical Choices
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Source: presentation of Rohit Talwar, Fast Future Research
at the 2015 SITA Air Transport IT Summit, Brussels.
2015 Air Transport IT Summit