The Next Big Thing
Posts about next generation technologies and their effect on business.

Innovation Roundtable Workshop

Recently, I attended an Innovation Roundtable workshop (@innovationroundtable) hosted by Tetra Pak in Lund, Sweden.  The Innovation Roundtable holds a number of event every year covering a wide range of events hosted by leading firms and in key European locations, addressing different innovation topics.

 

The Lund event combined presentations by executive speakers from a number of large companies, immersive roundtable discussions to share experiences and insights on different innovation topics, and informal breaks for networking with peers.

 

I believe that these kind of multi-industry and mult-company workshops are an excellent forum to meet and network with the business side of existing or possible clients. It’s definitely worth getting involved I these kind of session, hopefully you’ll get as much fun and insight out of it as I did during this workshop.

 

 

Labels: CxO| Innovation| Vision

The multi-dimensional value of IoT

dimensions.pngThe value and inevitable nature of the Internet of Things can be hard to quantify.

 

It has value in the vertical dimension based on what it can do for a particular industry. For example being able to understand the materials on hand, the machine capability and performance and the product location all can fit together to provide much greater insight. This is one of the reasons the manufacturing industry was an early adopter of IoT techniques.

 

From a breadth perspective, we’re seeing more devices with connectivity as well as more wearables and other ways to communicate. I can easily see a day where my oven reminds me of a meals status much more effectively than the kitchen timer. Or even the act of entering the garage can get dinner started because that’s what would be next on my agenda. Essentially it leads to a much broader range of devices working in collaboration to meet my needs.

 

In a depth sense, various devices that are doing their own thing, for their own reasons can provide a much greater contextual depth of understanding that any single view could provide. This is where the contextual understanding that is derived from multiple pieces of information comes into play.

 

I am sure there are more dimensions beyond these three… What are they for you?

 

AI and the CxO

AI.pngA while back I posted on cognitive computing and its implications on middle management. McKinsey recently put out a post on what may happen when Artificial intelligence meets the C-suite.

 

It doesn’t say that those in CxO roles will be replaced, but:

“As machine learning progresses at a rapid pace, top executives will be called on to create the innovative new organizational forms needed to crowdsource the far-flung human talent that’s coming online around the globe. Those executives will have to emphasize their creative abilities, their leadership skills, and their strategic thinking.”

 

These new structures will be critical, since cognitive computing techniques are not good at creative tasks, so the rewards for creative thinking (wherever they may be found) will increase as the more mundane tasks are automated.

 

The article talks about how difficult it is for people to understand exponential growth – it starts out gradually and then suddenly – it’s here. The interview with Andrew McAfee and Erik Brynjolfsson goes through a number of scenarios (taking place today) and what it might mean for the future of organizational executives and the difficult changes that will be required that will likely be undermined by the bias and selection process that got those leaders to that level.

New retail e-zine

 

retail e-zine.jpgHP Enterprise Services continues to create e-zines on a number of industries like banking, automotive, … We just released a new e-zine focused on consumer/retail. The topics being covered are:

  • The future of consumer industries: agility in a fast-paced world
  • Grow globally and profitably in a consumer-centric world
  • Coca-Cola® gets personal with HP Indigo digital technology
  • Increase speed, productivity and agility through transformation
  • Mary Kay successfully builds a mobility platform in China
  • Create, manage, and expand thriving brand categories
  • Avon Cycles Ltd. improves supplier management with SAP HANA
  • Regulatory compliance and overcoming risks
  • Brady Corporation helps stop the spread of counterfeit products

Also included is a 'meet the experts' (Lawrence Guevel, Tony Galli, Michael Donovan) to provide a little context for some of those focused on this space.

 

Will the Internet of Things turn all CEOs into CIOs?

 

CEO.pngSince the CIO's role is focused on generating business value out of information securely and reliably, and now an ever increasing percentage of our enterprise environment will be collaborating in that goal – the CEO’s dependence and need to manage the use of information will increase.

 

IoT means sensitive information, can be derived leading to information about enterprise operation details and personal data crossing from secure networks to devices and third party services. The risk and the benefit are far different than what traditional CIOs have had to address. The CEO will need to understand (at least at some level) the rapidly changing world of security and information consumption and the implications of IoT – even if it is just to make sure that the delegated business and IT responsibilities are being addressed effectively.

 

Some view that IoT hype has peaked. If that is the case, it would only be because organizations have internalized the change, but I doubt that. I think we have a long way to go before the possibilities are even well understood, let alone embraced and incorporated to generate value outside the initial deployment silos.

Leaders need to ask two questions:

  • So what? – find out the perspective of business value for the effort
  • Is that all? – see if the teams are thinking broadly enough about where and how the information can be used. There seems to be a great deal of potential being left on the table.

 

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About the Author(s)
  • Steve Simske is an HP Fellow and Director in the Printing and Content Delivery Lab in Hewlett-Packard Labs, and is the Director and Chief Technologist for the HP Labs Security Printing and Imaging program.
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The opinions expressed above are the personal opinions of the authors, not of HP. By using this site, you accept the Terms of Use and Rules of Participation