digital-week venice 2011
TRANSCRIPT
CaFoscari DIGITAL WEEK
Innovationand
Business Model Innovation
Why we need Innovation
57 Asians, 21 Europeans, 14 Westerners, 8 Africans
80 would live in substandard housing70 would be unable to read
50 would suffer from malnutrition1 would be near death; 1 would be near birth
1 would have a college education1 would own a computer
from such a compressed perspective, the need for INNOVATION becomes dramatically apparent
shrink the earth's population to a village of exactly 100 people, with all the current human ratios remaining the same, the result is:
the Engine of Innovation isdematerialization
3
SpaceTimeEnergyMatter
Information
The percentage of information in every new product or new service is asymptotically moving to 100%.
The cost of information at every level is subject to a deflection of ~ 50% per year.
Computation
4
Economicvalue
Available amount
LESS IS MORE
Matter
Bits
In the Digital Economy, ideas are the raw material
GDP gets lighter and lighter
The Essence of Digital Economyis
Knowledge
6
NETWORK
KNOWLEDGEGROWTH EXPONENTIAL IF INTERCONNECTED
NETWORK
NETWORK
NETWORK
ESOMunich ‘10
7
Exponential vs Linear view
history of technology shows that
technological change is exponential,
contrary to the
common-senseintuitive-linear view
KNEEwhere
exponentialgrowth
becomesnoticeable
8
ThinkGlobal
In a global world,do not try to build walls
Rule #1:
9
THE NETWORK IS FOR HUMANS AND MACHINES
H2H
M2M
is the Era of
interconnected minds
and machines
Pervasive Computers & Massive Data Collection
we will see a tremendous growth
because intelligence isbecoming virtually
obiquitous and everything is
becoming a computingdevice
ESOMunich ‘10
Technologyis expanding
Exnenop
lait
12
yl
ESOMunich ‘10
Complexityis growing
Exnenop
lait
13
yl
Addressing the Complexity ofEXTREME data
We need a new Software paradigm
Addressing Software Complexity P
rodu
ctiv
ity
Complexity and Size
AssemblyLimited reuse of written code
PC –ProgrammingEasy A lot of available programsBackward compatible
Cloud based appsMultitenantMesh-upScalable
The first CLOUD was about electricityEDISON 1.0:Electric Power Distribution
The second CLOUD is about COMPUTING
EDISON 2.0:
GRID Computing + Web 2.0 + …= CLOUD Computing
The Communication&Computing Utility
EnterpriseCLOUD
DeviceCLOUD
For Humans For Machines
Converting the ‘sea of bits’
gathered by industry
into useful information & knowledge
will bring about the biggest
change in industry since the steam engine!
The dawn of a New Smart World
Peter Cochrane
Everyware Device CloudTransforming Bits of Data at the Edge of the Network into
Actionable Information in the Business Users’ Hands
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Cloud based Device Data Management
and Delivery
Device Firmware /Application
Sensors & Device Hardware
Business ApplicationIntegration
EurotechEnd‐To‐EndSolution
Devices running the Everyware Device Cloud Client
the CLOUD
the birth of
Anything‐As‐A‐ServiceIaas, Paas, Saas, Daas, Xaas
the ICT field is experiencing a type of
Cambrian explosion
never seen in the last two decades
Re‐Thinking•Products•Value Add•Business Model•Business Processes
Think aboutBusiness Model and Business Process
notBusiness Plan
A business model describesthe rationale of how an
organization creates, delivers,and captures value
A business process is a collection of related, structured activities that produce a specific
service or product for a particular customer
The new way for start‐up
Digital Economy
• Knowledge is wealth • Bigger isn't necessarily better • More opportunities & Fewer guarantees • Everything happens faster & exponential • Demand comes in peaks • ReturnOnIdea is bigger than ever before
from Peter Cochrane
to whom isCurious and Creative
an Era full of promises
and of unthinkableopportunities.
"In a time of change, it is learners who inherit the future. The learned find themselves well equipped to live in a world that no longer exists."
Eric Hoffer
Thank you for your attention