CaFoscari DIGITAL WEEK Innovation and Business Model Innovation
Why we need Innovation shrink the earths population to a village of exactly 100 people, with all the current human ratios remaining the same, the result is: 57 Asians, 21 Europeans, 14 Westerners, 8 Africans 80 would live in substandard housing 70 would be unable to read 50 would suffer from malnutrition 1 would be near death; 1 would be near birth 1 would have a college education 1 would own a computerfrom such a compressed perspective, the need for INNOVATION becomes dramatically apparent
the Engine of Innovation is dematerialization Space Time Information Energy Matter ComputationThe 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 3 ~ 50% per year.
LESS IS MORE Economic Bits value GDP gets lighter and lighter Matter Available amountIn the Digital Economy, ideas are the raw material 4
KNOWLEDGEGROWTH EXPONENTIALIF INTERCONNECTED NETWORK N E T N W E O T R W O K RNETWORK 6 K
Exponential vs Linear viewhistory of technology shows thattechnological change KNEE where is exponential, exponential growth becomes noticeable contrary to the common-senseintuitive-linear view ESO 7 Munich ‘10
ThinkGlobal Rule #1: In a global world, do not try to build walls 8
THE NETWORK IS FORHUMANS AND MACHINES H2H M2M 9
is the Era ofinterconnected minds and machines
Pervasive Computers & Massive Data Collection we will see a tremendous growth because intelligence is becoming virtually obiquitous and everything is becoming a computing device
Technologyis expanding y l a l t i en Expo n ESO 12 Munich ‘10
Complexityis growing y l a l t i en Expo n ESO 13 Munich ‘10
Addressing the Complexity of EXTREME dataWe need a new Software paradigm
Addressing Software Complexity Cloud based apps Multitenant Mesh-up Scalable PC –Programming Easy A lot of available programs Backward compatibleProductivity Assembly Limited reuse of written code Complexity and Size
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 For Humans For Machines Device Enterprise CLOUD CLOUD
The dawn of a New Smart WorldConverting the ‘sea of bits’ gathered by industry into useful information & knowledge will bring about the biggestchange in industry since the steam engine! Peter Cochrane
Everyware Device Cloud Transforming Bits of Data at the Edge of the Network into Actionable Information in the Business Users’ Hands Device Cloud based Business Application Sensors & Device Firmware / Device Data Management Integration Hardware Application and Delivery Eurotech End‐To‐End Solution 20Devices running the Everyware Device Cloud Client
the CLOUD the birth of Anything‐As‐A‐Service Iaas, Paas, Saas, Daas, Xaas
the ICT field is experiencing a type of Cambrian explosion never seen in the last two decades
Think aboutBusiness Model and Business Process not Business Plan A business model describes the rationale of how anorganization 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
Digital Economy • Knowledge is wealth • Bigger isnt 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 unthinkable opportunities.
Thank you for your attention "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
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