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New Technology 2014 L01 Introduction
 

New Technology 2014 L01 Introduction

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New Technology 2014 L01 Introduction ...

New Technology 2014 L01 Introduction

These slides are part of Reykjavík University course New Technology

History has many examples of powerful companies that seem to be unbeatable. Then in a short time they become irrelevant due to new companies with new ideas. One of the factors in such transformation is technology. Never in history has technological change been so important in building and destroying companies.

In this first lecture we set the tone for the course and define the themes that we will be looking at.


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    New Technology 2014 L01 Introduction New Technology 2014 L01 Introduction Presentation Transcript

    • NEW TECHNOLOGY 2014 Ólafur Andri Ragnarsson
    • LECTURE L01 INTRODUCTION
    • Stephen Elop, 
 CEO Nokia
    • In 2002 Nokia had 35% of 
 the worlds mobile market In 2006 Nokia had 73.6% of the 
 worlds smartphone market
    • Falling from glory Nokia stock price 2007-2011
    • 1871: Founded. Spends the next century making tyres, boots and cables. " 1987: Launches first phone. The Mobira Cityman weighs almost 1kg. " 1992: Sells non-mobile divisions and launches first digital GSM phone, the Nokia 1011. " 2000: Stock market value hits 186bn euros. Now worth 11bn euros. " 2003: Basic 1100 phone launched. Goes on to sell 250 million units and become the world's most popular consumer electronic device. " 2011: Abandons Symbian mobile phone operating software and switches to the Windows platform instead. Source: Reuters/Nokia
    • The iPhone Effect
    • Shift in power Source: Google
    • Shift in power
    • Early 2011, Elop said in a memo they were 
 standing on a burning platform
    • Elop’s Memo How did we get to this point? Why did we fall behind when the world around us evolved? " This is what I have been trying to understand. I believe at least some of it has been due to our attitude inside Nokia. We poured gasoline on our own burning platform. I believe we have lacked accountability and leadership to align and direct the company through these disruptive times. We had a series of misses. We haven't been delivering innovation fast enough. We're not collaborating internally. " Nokia, our platform is burning. http://www.theguardian.com/technology/blog/2011/feb/09/nokia-burning-platform-memo-elop
    • February 11th 2011, Nokia announced 
 a partnership with Microsoft
    • September 3rd 2013, Microsoft bought Nokia’s Devices
 and service business for $7.2 billion
    • Western Union 1878" 7,500 offices" 12.000 employees" 200,000 miles of cable
    • https://thepoliticalcarnival.net/tag/western-union/
    • Alexander G. Bell, 1876
    • "This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us." ! " - Western Union internal memo, 1876.
    • Britannica 1990" Sales: $650 million
    • Taken  from  Mary  Meeker’s  State  of  the  Internet
    • THEN NOW Printed books, sold in stores Online, access everywhere, 
 updated in real-time, 
 crowdsourced
    • By January 2010, Blockbuster 
 operated 5,200 stores worldwide
    • By September 2010, Blockbuster 
 files for bankruptcy
    • THEN NOW DVDs from the video store, with late
 fees, or a library at home Access everywhere, available 
 anytime 26
    • Technology is one of the major factors in change
    • Three billion people will connect for the first time to the Internet TV stations as we know them will go out of business CDs and DVDs are not the future distribution format for music Printed magazines and newspapers will go out of business Smartphones will dominate Internet traffic Social networks transforms how we communicate and share information Real-time news will be handled by people Credit cards will disappear Currencies will become digital, peer-to-peer disrupting the banking system Cars will be self-driven Objects can be printed at home, creating a new design industry Drone highways in the sky for delivery network Robots will enter the workplace and home
    • DISRUPTION AHEAD!
    • THE PREREQUISITE INFORMATION TECHNOLOGY
    • 2,6 BILLION PEOPLE ARE CONNECTED TO THE INTERNET 3 BILLION NEW MINDS WILL CONNECT
    • 2000 2010 iMac iPhone Mac OS 9.0.4
 500 MHz PowerPC G3 CPU, 128MB Memory
 Screen - 786K pixels
 Storage - 30GB Hard Drive iOS 4.0
 1 Ghz ARM A4 CPU, 512MB Memory
 Screen - 614K pixels
 Storage - 32GB Flash Drive Source:  Ars  Technical  Images:  Apple 32
    • CONTENT BECOMES DIGITAL THE DIGITAL DECADE 2000 2010
    • THE DIGITAL DECADE MOVIES MUSIC TV  SHOWS COMMUNICATION BÆKUR PICTURES 2000 SMARTPHONES 2010
    • COMPLEX WORLD FACEBOOK GOOGLE TV WEB
    • Software and data are stored in the cloud
 Unlimited computing
    • THE CONSEQUENCE CHANGED BEHAVIOUR
    • FUNDAMENTAL
 SHIFT IN
 PEOPLE’S
 BEHAVIOUR
    • DIGITAL LIFESTYLE
    • DIGITAL WORLD
    • DIGITAL WORLD VIDEO   WATCHING RELAXED SOFTWARE   WORK FOCUS APPS VIEW/BROWSE ENTERTAIN APPS   CHECK   NOW!
    • DIGITAL WORLD IS PART OF GROWING UP
    • NEW GENERATIONS NEW HABITS NEW NEEDS
    • NEW GENERATIONS ARE DIGITAL NATIVES
    • President XI Jinping Population 1,349,585,838
    • President Pranab Mukherjee Population: 1,220,800,359
    • Facebook CEO Mark Zuckerberg Population: 1,260,000,000
    • Amount of Data is 300 petabytes
    • 22 billion likes per day
    • Over 6 billion hours of video are watched each month on YouTube—that's almost an hour for every person on Earth, and 50% more than last year Source: Youtube
    • 100 hours of video are uploaded to 
 YouTube every minute
    • Mobile makes up almost 40% of YouTube's global watch time
    • People send over 400 million tweets per day
    • Number of minutes played each day: 200 million
    • (ALMOST)  ALL THE MUSIC IN WORLD IS ACCESSIBLE
    • NETFLIX USES ABOUT 32,7% OF NETWORK TRAFFIC IN USA
    • OUR DEVICES ARE GATEWAYS TO THE CLOUD
    • TRACKING TECHNOLOGY “Life  is  lived  forward  but  understood  backwards”
 - Sören Kierkegaard
    • WE TEND TO LOOK BACK DAWN OF MAN THE UNKNOWN FUTURE
    • Understanding what is next Seeing how current trends will 
 d i s r u p t and transform the future 62