digital-week venice 2011

CaFoscari DIGITAL WEEK

Innovationand 

Business Model Innovation

Why we need Innovation 

57 Asians, 21 Europeans, 14 Westerners, 8 Africans

80 would live in substandard housing70 would be unable to read

50 would suffer from malnutrition1 would be near death; 1 would be near birth

1 would have a college education1 would own a computer

from such a compressed perspective, the need for  INNOVATION  becomes dramatically apparent

shrink the earth's population to a village of exactly 100 people, with all the current human ratios remaining the same,   the result is:

the  Engine of  Innovation isdematerialization

3

SpaceTimeEnergyMatter

Information

The 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 ~ 50% per year.

Computation

4

Economicvalue

Available amount

LESS IS MORE

Matter

Bits

In the Digital Economy, ideas are the raw material

GDP gets lighter and lighter

The Essence of Digital Economyis

Knowledge

6

NETWORK

KNOWLEDGEGROWTH EXPONENTIAL IF INTERCONNECTED

NETWORK

NETWORK

NETWORK

ESOMunich ‘10

7

Exponential vs Linear view

history of technology shows that

technological change is exponential,

contrary to the

common-senseintuitive-linear view

KNEEwhere

exponentialgrowth

becomesnoticeable

8

ThinkGlobal

In a global world,do not try to build walls

Rule #1:

9

THE NETWORK IS FOR HUMANS AND MACHINES

H2H

M2M

is the Era of

interconnected minds

and machines

Pervasive Computers & Massive Data Collection

we will see a tremendous growth

because intelligence isbecoming virtually

obiquitous and everything is

becoming a computingdevice

ESOMunich ‘10

Technologyis expanding

Exnenop

lait

12

yl

ESOMunich ‘10

Complexityis growing

Exnenop

lait

13

yl

Addressing the Complexity ofEXTREME  data

We need a new Software paradigm

Addressing  Software  Complexity P

rodu

ctiv

ity

Complexity and Size

AssemblyLimited reuse of written code

PC –ProgrammingEasy A lot of available programsBackward compatible

Cloud based appsMultitenantMesh-upScalable

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 

EnterpriseCLOUD

DeviceCLOUD

For Humans For Machines

Converting the ‘sea of bits’ 

gathered by industry 

into useful information & knowledge 

will bring about the biggest

change in industry since the steam engine!

The dawn of a New Smart World

Peter Cochrane

Everyware Device CloudTransforming Bits of Data at the Edge of the Network into 

Actionable Information in the Business Users’ Hands

20

Cloud based Device Data Management

and Delivery

Device Firmware /Application

Sensors & Device Hardware

Business ApplicationIntegration

EurotechEnd‐To‐EndSolution

Devices running the Everyware Device Cloud Client

the CLOUD

the birth of

Anything‐As‐A‐ServiceIaas, Paas, Saas, Daas, Xaas

the ICT field is experiencing a type of 

Cambrian explosion

never seen in the last two decades 

Re‐Thinking•Products•Value Add•Business Model•Business Processes

Think aboutBusiness Model and Business Process

notBusiness Plan

A business model describesthe rationale of how an

organization 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 

The new way for start‐up

Digital  Economy 

• Knowledge is wealth • Bigger isn't 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 unthinkableopportunities.

"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

Thank you for your attention