I love this video. It helps focus our minds on the future and how megatrends such as population growth, migration, inequality etc. could have a significant impact on the future.
Technology is one of these megatrends and the one I’m going to focus on today.
Segway into our research and stress that UK CEO’s believe that they will be disrupted by emerging tech in the next FIVE years!
Interestingly, this figure is actually a little higher than the global average, which stands at 64%.
Our survey shows that they are clear about the importance of emerging technologies to key areas of their own businesses. They understand the need to identify and acquire key skills and to make disruptive technologies work for them in achieving competitive advantage. PwC’s research shows that Artificial Intelligence could add £232 billion to the UK economy by 2030, through gains to productivity and product enhancements which will stimulate customer demand.
CEOs clearly understand that emerging technologies will be disruptive, but that they also open up many new opportunities.
Large organisations - (greater than $7 billion turnover per annum) risk up to 53% of their revenues to disappear due to digital disruption over the next 5 years.
Technology is no longer simply an enabler that supports more efficient processes which in turn secure competitive advantage. Technology is increasingly the source of competitive advantage itself. Scale of the enterprise is no longer a de facto source of competitive advantage.
Digital technology today is more abundant, cheaper and more modular than ever before. Its predecessors were the exact opposite.
Younger generations born into a digital world approach technology differently and more comfortably. For them, technology is not simply a tool. Millennials engage with technology as a form of ‘natural language’.
3D printing - Additive manufacturing techniques used to create three-dimensional objects based on digital models by layering or “printing” successive layers of materials.
Internet of Things (IoT) – Network of objects (devices, vehicles, etc.) embedded with sensors, software, network connectivity, and compute capability, that can collect and exchange data over the Internet.
Augmented reality (AR) - Additional information or visuals to the physical world, via a graphics and/or audio overlay, are overlayed to improve the user experience for a task or a product.
Data is pervasive across all areas.
Smart phone analogy Drone data is giving us new and intelligent insights
Accurate and fast data collection provides a Golden record
This versus quantity surveyors drawing. Rich picture which has all the data you require for planning, in one place! Condenses info.
For any organisation to make the most effective use of drone technologies, it will need to develop a data-driven culture that blends intuition and analytical insights with a focus on making practical and actionable decisions.
In this context, demand for data scientists, robotics engineers and other tech specialists is clearly growing, so it will be vital to refocus long-term training and development to these emerging needs.
Also, as adoption of drones and related technologies such as AI gathers pace, we’re seeing an increase in the value of those human skills that can’t be replicated by machines. These include creativity and leadership.
We’ve developed a brand concept that aligns everything we say about digital and technology around a single organising idea. Intelligent Digital will strengthen our position in the tech market by highlighting the fantastic work we have been doing. Intelligent Digital is not a service or a thing; it’s the ‘intelligent’ way we solve our clients problems. Visit our website pwc.co.uk/intelligentdigital
Intelligent digital: using drones to provide business insight - Jenny Frances
Drones – a
Megatrends: The emerging eight
Commercial use of drones
A new project management tool?
Drones PPM Lead
M: +44 (0)7808 799447
The world is changing
of UK CEOs believe that emerging
technologies, such as Artificial
Intelligence, Blockchain and
Robotics will disrupt their current
business models in the next five
A powerful perspective
A new project
Drones for project management
Is this your new PM tool?
Risk and issue
3D Digital Twin – during the design phase
of land ownership
Building to be
Inspection 1 Inspection 8
3D Digital Twin - during the construction phase
3D Digital Twin - during project close to BAU
•Golden record of
Drone data and Machine Learning combined
What’s wrong here?
1 2 3
Detected HSE situations
No. Situation type
1. One man without hard hat, two without
hard hats and reflective vests
2. A man sleeping in a construction site
3. Two men laying on the ground in a
construction site, without hard hats
4. A man without hard hat and reflective
5. Two men without hard hats
1 2 3 4
Organisations seeking to seize the
opportunities presented by drones must
understand how and where they can create
a business case for change that generates
Turning the potential of drones into reality
• Understand the
drones for your
• Formulate and
• Look beyond
putting the right
talent and culture in
• Ensure the optimal
levels of governance,
controls and trust.
Intelligent Digital is here
At PwC we balance business
understanding with technology
innovation and human insight to help
our clients and people survive and thrive
in the digital revolution.
That’s more than just digital…
It’s Intelligent Digital.