The rise of digital ecosystems m skilton june 11 2014 conected suplychain liverpool v2
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The rise of digital ecosystems explores how digitial technologies are changing the shape of enterprises. The emergence of new spatial-time workspaces are being created by digital technologies that are transforming physical suppl chains into new forms of digital enterprise.
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The rise of digital ecosystems m skilton june 11 2014 conected suplychain liverpool v2
- 1. Prof. Mark Skilton Professor of Practice, Information Systems Management Warwick Business School, UK m.r.skilton@warwick.ac.uk
- 2. The rise of the Digital economy Growing 30% of business is shifting online to search and engage with consumers, markets and transactions taking account of retail , mobile and impact on supply channels (1) 80% of transport, real estate and hotelier activity is processed through websites (2) over 70% of companies and consumers are experiencing cyber-privacy challenges (3), (4) 2Prof Mark Skilton Copy right 2014
- 3. Physical Economy, Digital Economy and role of digital ecosystems 3Prof Mark Skilton Copy right 2014 Physical Economy Digital Economy Digital Ecosystems Physical markets Companies, resources and services that contribute to GDP and Net worth The digital ecosystem is a described boundary of a market and business activity that is using connected technologies to enable a new kind of market and business performance and user experience Virtual resources and digital transactions in markets, Companies, resources and services that contribute to GDP and Net worthDigital Enterprise Technological Ecosystems are shaping the supply chains that define the Digital Enterprise
- 4. Rise of Technological Ecosystems 4Prof Mark Skilton Copy right 2014
- 5. A wide range of Industry and Technology Domains 5Prof Mark Skilton Copy right 2014
- 6. Advanced Technology Engineering Transformation 6Prof Mark Skilton Copy right 2014
- 7. Technology in the Supply Chain 7Prof Mark Skilton Copy right 2014
- 8. Open and Proprietary Platforms 8Prof Mark Skilton Copy right 2014
- 9. Digitization is changing the way we think about Supply chains 9Prof Mark Skilton Copy right 2014
- 10. Cost of Road Deaths 10Prof Mark Skilton Copy right 2014 Estimated Economic damage from a Fatal Road Traffic Incident £ 1 .8 million per Death £200k per serious injury £18 Billion per annum impact on GDP UK, Department of Transport 1,754 Killed, 5 per day 23,039 Serious injuries, 63 per day 193,969 injuries, 532 per day 2012 in UK UK, Institute of Advanced Motoring
- 11. Technology can make a difference Field of Context Information in Context , Information in Process 11Prof Mark Skilton Copy right 2014 Funnel Vision Tunnel Vision
- 12. Cost of Health 12Prof Mark Skilton Copy right 2014 http://www.bhf.org.uk/heart-health/heart- statistics.aspx CHD is the UK’s single biggest Killer British Heart Foundation Cardiovascular Heart Disease CHD “Collectively, heart and circulatory diseases cause more than a quarter of all deaths in the UK, accounting for more than 161,000 deaths each year” Every seven minutes someone dies of a heart attack in the UK One in three people who have a heart attack die before reaching hospital CHD is responsible for almost 74,000 deaths in the UK each year, an average of 200 people each day 80000 deaths in 2009 166000 deaths in 1961
- 13. Contextualization really really matters… 13Prof Mark Skilton Copy right 2014 CHD is approx 50% less for Females compared to Males for Cardiovascular disease, Coronary heart disease and Stroke British Heart Foundationand But it still the same outcome £9 billion 2009 CVD cost the UK health care system 64% of this cost was for hospital care, 23% the cost of medication Economic Impact Male 5 Female 1020 10
- 14. Technology can make a difference 14Prof Mark Skilton Copy right 2014 Wearable Medical monitoring Alert ! Heart Attack imminent … illustrative The Outcome value of a life
- 15. These are complex issues – but all have desirable outcomes we all want Technology is just part of the possible solution Trends in population growth, increasing scarcity of resources, cyber threats, constraints in capacity and demographic and educational skills availability create increasing long term challenges OECD, WEF, Economic and Governmental studies support these issues This is why a holistic, outcome perspective is needed to address cost effective supply chains 15Prof Mark Skilton Copy right 2014
- 16. Outcome value on the Economy 16Prof Mark Skilton Copy right 2014 Industry Sector Outcome Cost Time to Outcome Transport Cost of accidents Reaction time Health care Cost of patient care Equity and equality of healthcare for all Energy Cost of Sustainability Food availability and Planet Weather cycles Engineering Cost of product innovation Access to creative potential Banking Cost of Fraud Corporate cycle failure Insurance Cost of failures Preventative time Consumer Foods Cost of Brand impact Effective brand growth.. ….. …. Quality of life More time Less waste Better education New values (health..) New Jobs.. It’s a phenomena that is interconnected, because digitization changes physical and virtual boundaries….
- 17. 17Prof Mark Skilton Copy right 2014 Hype curves are a Provider – centric view that promotes income re-occurring charges and “consulting” fee cycles A Ecosystem – centric view drives systems, products and services together Products and services come and go, “Hype-saurus” New ideas Peak ideas Old ideas Death of the “Hype cycle” – welcome the ecosystem era
- 18. Connecting the Digital Ecosystem “a connected convergence of technologies in a market and business activity that enable new consumer, business and market performance and user experience” 18Prof Mark Skilton Copy right 2014
- 19. Creating Digital Workspaces - Redefinition of Data in the Internet of things The meaning of digital existence ..
- 20. The Quantified Self & Quantified Life 20Prof Mark Skilton Copy right 2014
- 21. Towards a connected society 21Prof Mark Skilton Copy right 2014 Mobility value Social value Big data value + + Sensors value +Cloud value + Machine Intelligence value + +THECONTEXTUALSELF Industrial Internet Connected Spaces Connected workspaces - objects, bodies, rooms - Transport, buildings, cities… Connected industries - Legislation, interoperability - Bandwidth, Governance Technological architecture constructions… Digital life Digital Society
- 22. The rise of Digital Ecosystems 22Prof Mark Skilton Copy right 2014 The “Smart Hotel”
- 23. The rise of Digital Ecosystems 23Prof Mark Skilton Copy right 2014
- 24. The rise of Digital Ecosystems 24Prof Mark Skilton Copy right 2014
- 25. Rise of digital ecosystems Outcomes thinking - systems, products and services generativity together. The causes and effects of outcomes can be complex , but contextualizing really really matters.. Digital workspaces link your Big data (analytics) and little data (customer experience intimacy) together enable contextualization towards the desired outcomes. Digital workspaces will define digital supply chains of the future and your Digital Enterprise outcomes. 25Prof Mark Skilton Copy right 2014
- 26. New Book Q1 2015 26Prof Mark Skilton Copy right 2014 @mskilton M.R.Skilton@warwick.ac.uk