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Opportunities from Digital Transformational Business Models

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Talk to WA Leaders, about the opportunities digital transformation throws up, including new business models.

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Opportunities from Digital Transformational Business Models

  1. 1. Transformation Opportunities from Emerging Technologies Charlie Gunningham Accelerating Commercialisation, DIIS formerly… aussiehome.com cofounder reiwa.com GM Business News CEO
  2. 2. Innovation make better
  3. 3. Disruption make obselete
  4. 4. Disruption a bridge!
  5. 5. Opportunities?
  6. 6. Disruptive change is slow Ignoring it doesn’t help Vulnerable when strong
  7. 7. 2 guys, 1 idea
  8. 8. 10 years later…
  9. 9. Which could disrupt you? Meanwhile…
  10. 10. Emerging Tech … what’s coming for you? … any opportunities? … new business models?
  11. 11. Some WA disruptors . Some with 100+ staff . Raising $20M … $30M ..+ . …apps, AI, geo, sharing, blockchain, mobile, social, bots, AR, VR, coins, …
  12. 12. EXAMPLE: Blockchain over hyped and over here…
  13. 13. Forget Bitcoin crypto is a sideshow
  14. 14. Blockchain • new way to securely transact, unhackable, transparent. • impact any existing market? • a solution (to a “mess”)? An opportunity?
  15. 15. Ruth Hatherley Founder/CEO Moneycatcha (Formally CBA) - Homechain - Regchain http://mcatcha.com/
  16. 16. “Blockchain solves the mess” • Private chains • Home loan approval in 19 mins • Integrated with PEXA • RegChain + HSBC Business Model? SaaS (subscriptions)
  17. 17. Bots Automated assistance (software)…. Examples: Siri, Amazon Echo, Google Home
  18. 18. Bots Messaging channels – like Slack – even Twitter accounts…
  19. 19. Damian Bramanis Founder/CEO BusyBot formerly… Team Ahoy AMCOM Upstart www.busybot.com
  20. 20. Busybot lets you create, assign and manage tasks in Slack. 19,000+ organisations
  21. 21. Bots for you? Enlarge customer service/reach. Scalable. Automated. Example: Pizza ordering…
  22. 22. Bots for you? Enlarge customer service/reach. Scalable. Automated. Example: Property searching …
  23. 23. To do… Augmented Reality (AR) Cofounders Holly Ade-Sampson & Andrew Hall
  24. 24. Startup of the Year 2017 (WAITA) Raised $2M pre-revenue 50,000 app downloads, 1 Billion soccer players Freemium model + sponsorships
  25. 25. Emerging Tech … opportunities? … new business models? … what makes sense in your market? … what you execute well?
  26. 26. Emerging Business Models 1. Freemium 2. Clip the ticket 3. SaaS (Subs) 4. Sponsorship 5. Selling online 6. Depth
  27. 27. Final Advice! 1. What’s relevant? 2. What can you execute well? 3. and 3rdly…
  28. 28. 3. Focus on solving customer problems!
  29. 29. GRANTS AWARDED (1/11/14 – 1/7/17) Australia: Innovation  Commercialisation  • “Accelerating Commercialisation” • $484m federal program • 300 grants ~ $170M (Nov ‘14 – Feb ‘18) www.business.gov.au/ac
  30. 30. • Competitive matched grant funding (1:1) up to $1 million • Have a prototype/MVP, but not yet commercial sales • New startup or a new pre-revenue project • Grant takes ~ 5 months www.business.gov.au/ac www.business.gov.au/ac
  31. 31. ELIGIBLE PROJECTS Early investigation and basic research Early Commercialisation and later stage Technical Work Full-scale production and certain marketing activities X  X www.business.gov.au/ac
  32. 32. Transformation Opportunities from Emerging Technologies Charlie Gunningham Accelerating Commercialisation, DIIS. charlie@damburst.com.au 0411 092 669

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