life as a service
DESCRIPTION
History is a great teacher. What do the Agricultural & Industrial Revolution teach us about the Digital Revolution. How will business models and values change and what must we do to adapt to a step change in the way we work and consume products and resources. Life as a Service talks about this and a lot more as we move swiftly from the era of "stack him high price em' low" to the experience and collaborative economy which are expected to cross $100Bn by 2016. Who is adopting these new philosophies and what must be done to avoid the plague of commoditization or irrelevance facing so many firms in so many industries.TRANSCRIPT
LIFE AS A SERVICEAman NarainNovember 2014
@amanwhotweets
&
Revolution or Evolution?
THE AGRICULTURAL REVOLUTION
17th CENTURY
UK
FOOD
TRADE
SUBSISTENCE
WHEN
WHERE
WHAT
CONSUMPTION
PATTERN:
CODEBLU.COM / AMAN NARAIN 2014
WHERE
WHEN
WHAT
CONSUMPTION
PATTERN:
UK, US, DE, JP
19th CENTURY
ENERGY
RESOURCES
MASS PRODUCTION
HYPER
UK
18th CENTURY
TEXTILE
TRANSPORT
EFFICIENCY
SURPLUS
What we learned from
THE INDUSTRIAL REVOLUTION
Phase I Phase II
CODEBLU.COM / AMAN NARAIN 2014
We are at the end of the beginning of
THE DIGITAL REVOLUTION
WHERE
WHEN
WHAT
CONSUMPTION
PATTERN:
US + GLOCAL
21th CENTURY
MAKER
MOVEMENT
CRYPTO
CURRENCIES
COLLABORATIVE
US
20th CENTURY
PROCESSING
POWER
SOFTWARE/HARD
WARE
HYPER
CODEBLU.COM / AMAN NARAIN 2014
Phase I Phase II
Transparency
Participation
Networked
Governance
Do-it-
Ourselves
Collaboration
Speed
More
Afflictive
With new realities created by a value shift
IN WHAT CUSTOMERS EXPECT
Source : J. Heimans: What new power looks like
Fickle
CODEBLU.COM / AMAN NARAIN 2014
Source : John Maeda, WSJ: 25 Dec, 2012
A Revolution powered by
TECHNOLOGY STANDARDS
CODEBLU.COM / AMAN NARAIN 2014
BIG DATA
CLOUD
LOW COST HIGH FIDELITY
INTERNET OF THINGS
A Revolution powered by
TECHNOLOGY INNOVATION
CODEBLU.COM / AMAN NARAIN 2014
A Revolution powered by
PLUNGING TECHNOLOGY COST
Ave
rag
e G
lob
al
Sm
art
ph
one
P
ricin
g T
ren
ds
Glo
ba
l B
an
dw
idth
Cost T
ren
ds
Glo
ba
l S
tora
ge
C
ost T
ren
ds
Source : @KPCB CODEBLU.COM / AMAN NARAIN 2014
The Digital Revolution is forcing a shift from
PRODUCT TO CUSTOMER CENTRIC
PRODUCT
PRICE
PROMOTION
PLACE
NEW POWER
MASS CUSTOMIZED
INCREASE
RESERVATION PRICE
DEMAND DRIVEN
GLOCAL
OLD POWER
MASS PRODUCED
LOW PRICE HIGH
VOLUME
SUPPLY DRIVEN
LOCAL
“
”
The difference is
due entirely to
the “how” and not
the “what,” which
the customer is
willing to pay
more for.
Niraj Dawar
Author TILT
CODEBLU.COM / AMAN NARAIN 2014
Source : A.T. Kearney analysis
Most companies are tinkering not transforming
BUSINESS MODELS(e.g. Banking Industry)
Playground for banks
Degre
e
of
Dis
ruption
Organization
and
governance
realignment
Price and
revenue
model
Culture and
people
Big data and
systems
integration
Straight –
through
processing
Seamless
channel
integration
Branch restructuring
PFM
tool
Wallet
solution
Video
Advisory
App
Suite
CODEBLU.COM / AMAN NARAIN 2014
Some companies are taking the plunge and
offering LIFE AS A SERVICE
“Forward looking
companies will redefine
themselves and move
from being just car and
truck manufacturers to
become personal-
mobility companies”
“We are no longer sell
light bulbs we are in the
business of offering
lighting as a service”
Meike De Schepper
Phillips
Bill Ford
Ford Motor Company
CODEBLU.COM / AMAN NARAIN 2014
LaaS companies are pivoting to
NEW MODELS & NEW VALUES
Source : Jeremy Heimans: What new power looks like
LaaS
NEW POWER VALUESOLD POWER VALUES
NE
W P
OW
ER
MO
DE
LO
LD
PO
WE
R M
OD
EL
XPriz
e
KickstarterObama Campaign
Huff Post
Wikipedia
Bitcoin
GuardianHilary’08Nobel Prize
Apple
IRS
Monsanto
NEA
The Economist Patagonia
Unilever
NRA
Obama in Office
CODEBLU.COM / AMAN NARAIN 2014
COMPLEX
SIMPLE
BUNDLED
UNBUNDLED
CHOICE
LaaS firm are innovating around the
AXIS’ OF DISRUPTION
EXPERIENCE
SECRECY
PRIVACY
TRUST
POST PAID
SUBSCRIPTION
PRICING
INFORMATION
INSIGHT
DATA
OLD POWER MODEL
NEW POWER MODEL
LaaS firm are innovating around the
AXIS’ OF DISRUPTION
CODEBLU.COM / AMAN NARAIN 2014
OLD POWER MODEL
NEW POWER MODEL
INTERMEDIATES
DIRECT
CAMPAIGNS
COMMUNITY
WALLET
KLOUT
SEGMENTATIONMARKETING DISTRIBUTION
TENURE
USAGE
LOYALTY
MASS PRODUCE
MASS CUSTOMIZE
PRODUCTS
NEW POWER VALUESOLD POWER VALUES
HELD BY FEW
Source : Jeremy Heimans: What new power looks like
MADE BY MANY
DOWNLOADS UPLOADS
COMMANDS SHARES
LEADER-DRIVEN PEER-DRIVEN
CLOSED OPEN
CODEBLU.COM / AMAN NARAIN 2014
Why do you want to be a
LaaS COMPANY
AVOID COMMODITIZATION
EMPOWERED STAFF
SUSTAIN PROFITABILITY
NEW REVENUE SOURCES
SAVE THE PLANET
Source :Graphic by Vladimir Mirkovic, http://bit.ly/ColEcoDay
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CODEBLU.COM / AMAN NARAIN 2014
THANKS@amanwhotweets
Opinions: amanwhoblogs.com
Website: codeblu.com
Lab: aleph-labs.com