This infographic by Goldman Sachs gives a good picture of how Millennials think and act. Millennials are the biggest reason why organizations need to transform. Fast.
It can seem like there is too much noise on IoT. But caught in the noise are some real signals that IoT is coming of age, with Amazon Echo being the latest and greatest example. Bill Gates’s quote below on change is apt for IoT. Continue reading Product Oriented IoT and System Oriented IoT
I am officially naming the 3 companies, Alphabet, Amazon and Apple, as the “Disruption Posse”. They have gotten into the habit of smelling poorly served markets, complacency and in all cases a belief that they can make significant contribution to enter new markets with compelling products/services. The incumbents should be in for a rude shock and prepare for eventual obliteration of normal (cushy) business models and operations when they sense a possibility of any of these companies entering their markets.
The reason why I pick these the three companies to be part of this exclusive posse, and not VC funded startups, is because of their scale and market reach. Each of the companies have direct relationships with hundreds of millions of prospective customers and have the logistical and financial resources to go after large global markets.
So here is list of industries/markets that are disrupted or about to be disrupted by the Posse.
- Media – Youtube, Google News, Amazon Prime, iTunes, Apple Music, Apple TV
- Advertising – Google, Amazon (a little)
- Computing – AWS, Google Cloud Platform
- Transportation (Very long game) – Google, Apple
- Telecommunications – Apple, Google
- Medicine – Apple, Google
- Manufacturing/Warehousing/Logistics – Google (with Robotics), Amazon
- Smart Home – Apple, Google (Nest), Amazon (Echo)
I will keep updating the list as the disruption or its possibility unfolds.
I suspect Digital Transformation is at the top of the minds of executives of established organizations based on the number of blog posts (including this one), pithy tweets, dense infographics and ponderous white papers that I see these days. The Chief Digital Officer role may eventually prove faddish, but the theme itself will be a constant source of anxiety. The anxiety is primarily because of the occasional forays into various industries by the “Disruption Posse”. The Disruption Posse is made up of Amazon, Alphabet and Apple. Continue reading Is Minimum Viable Product (MVP) Strategy the Right Approach for Digital Transformation
It’s hard to design good products. Even exemplary companies like Apple get it wrong every now and then. Dieter Rams, the legendary designer who inspired generations of designers, outlined 10 principles of good design that I wish designers of connected products and IoT apply.
Instead we have this. Continue reading When IoT Comes In The Way Of Good Product Design
A priceless addition to the Internet. A resource that will be used over and over and over.
Susan Wojcicki and Google finally seem to have gotten to it. They are going after original content. But it pales in comparison to the lineups of Netflix, HBO and Amazon. Not nearly enough for a 10 dollar a month subscription.
This post follows the Bearish Case of Digital Transformation. The bullish case of Digital Transformation is a scenario where productivity growth in many industries approaches 3% or higher for a sustained period (2020+) and the product/service quality is continuously improving.
There is a good chance that the bullish case comes true, especially if advances in foundational components of Digital Transformation feed each other and geo-political conditions return to a tranquil state. Continue reading Digital Transformation – The Bullish Case
We can see that a broad discussion on boom or gloom scenarios for the world economy is taking place across the political and economic spectrum based on this New York Times article. How technological innovation increases productivity is at the center of this debate. It aligns nicely with the raging debate and marketing hype around digital transformation. Continue reading Digital Transformation – The Bearish Case
What impressed me more than the raw numbers about Didi Kuaidi is how aggressive and entrepreneurial the company is in many parts of the world. It has fingerprints of Jack Ma’s inclination to go ALL the way.