5. Law of accelerating returns
…we won't experience 100 years
of progress in the 21st century,
it will be more like
20,000 years of progress
(at today's rate)
Ray Kurzweil
SISSA
MCA 2013
5
6. Meta-Trends in Technological Acceleration
Moore's Law Miniaturization ‘65
Transistors increase 2 times over 18 months
Metcalfe's Law Interconnection ‘93
Value of a network increases with the square of the
number of connections
Gilder's Law Quantization ’00
Bandwidth increases 3 times faster than computer power
IDEAS are the new “ultimate” raw material
SISSA
MCA 2013 6
7. Ask the customers? ……….. Are you crazy?
“If you ask the public what they think
they will need, you will always be behind
in this world.
Akio Morita, You will never catch up
Sony founder
unless you think one to ten years in advance
and create a market for the items you think the public
will accept at that time.”
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MCA 2013
8. … on Research and
Innovation
It is relatively simple to transform money in good
research results… but
…it is much more difficult to transfrom good
research results in money
12. You need a powerful Idea …
….and you have to dream the hardest
"On résiste à l'invasion des armées;
on ne résiste pas à l'invasion des idées.“
Victor Hugo, Paris 1877
SISSA
MCA 2013
12
13. The UbiComp
“The most profound
technologies are those that
disappear. They weave
themselves into the fabric of
everyday life until they are
indistinguishable from it.”
Mark Weiser
Chief Technologist, Xerox PARC
"The Computer for the 21st Century", Scientific American, Vol. 265 No.9, pp. 66-75, ‘91
15. Less is More
Innovation moves from material to abstract
“The principle of doing
ever more with ever less
Space, Time, Matter
and Energy
R. Buckminster Fuller
per each given level of 1895 - 1983
functional performance”
Malthus was wrong. He forgot a factor:
our continual ability to do more and more with less and less
SISSA
because of Technological Innovation
MCA 2013
16. STEM compression :
the Engine of Innovation
Space
Time Information
Energy
Matter
Computation
SISSA
MCA 2013
17. Think
Global
Rule #1:
In a global world,
SISSA
MCA 2013
do not try to build walls
17
18. Technological “Cephalization” of the Earth
“…a network (a world network) of
economic and psychic affiliations is
being woven at ever increasing
speed which envelops and
constantly penetrates more deeply
within each of us.
Pierre Teilhard de Chardin
With every day that passes it (1881-1955)
becomes a little more impossible for
us to act or think otherwise than
collectively."
Le Phénomène Humain, 1955
SISSA
MCA 2013
19. NETWORK
N
E
T N
W E
T
O W
R O
K R
K
NETWORK
SISSA
MCA 2013
19
20. The Paradigm shift in Knowledge
from the
Know‐How
to the
Know‐Who
and the
Know‐Where
SISSA
MCA 2013
22. COMPANY VISION MISSION ROI
PERVASIVE COMPUTERS CLOUD INTERNET OF THINGS
CATALOGS MARKETS TCO DAAS
PRODUCT OFFER NANOPC HPC
ESF TECHNOLOGY
INNOVATION MIDDLEWARE
STRATEGY GLOBAL VALUE EDC VPX
COMPLEXITY EXTREME DATA BOARDS EMBBEDDED
COMPANY GROWTH VALUE STACK HW SW FW
SYSTEMS SOLUTIONS COMPETITIVENESS
EUROTECH PC/104 CPCI VME
PLATFORM SAAS AURORA EDGE
END‐TO‐END SENSORS BUSINESS INTEGRATION
SISSA
22
MCA 2013
R2U IMAGINE‐BUILD‐SUCCEED NETWORK
24. GARTNER HYPE CYCLE
VISIBILITY
Technology Peak of Inflated Trough of Slope of Plateau of MATURITY
Trigger Expectations Disillusionment Enlightenment Productivity
SISSA
MCA 2013
25. Leader & Leadership
“Leadership is getting
someone to do what
they don't want to do, to
achieve what they want
to achieve.”
Tom Landry
Find your voice and inspire
others to find theirs
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MCA 2013
26. A Story of Growth
Dynatem
1992: P acquisition
EuroTech S.r.l. is founded CAGR 18%
upon the idea of miniaturizing
the PC to address new, Advanet
unexplored application fields acquisition
ADS
acquisition
Arcom
acquisition
99.3 93.8 93.6
Erim 91.7
acquisition 83.5
Parvus
IPS
acquisition
PE 76.5
Sales acquisition CAGR 47%
(M€) 50.7
FFF
29.8
CAGR 54%
6.4
1992 2001 2005 2006 2007 2008 2009 2010 2011 2012
Private Equity IPO Capital Increase
3,7 € 25M€ 109 M€
26
27. Global Footprint
Eurotech is a global company with operations in Europe, Asia and North America.
The Group is led by an industrial holding located in the Northeast of Italy.
At the end of 2012 the Group had a total of 420 employees and 93.6M Euro of turnover.
USA ASIA
HC 125 HC 176
USA
EUROPE
J A PA N
HC 119
INDIA
USA UK
USA FRANCE I TA LY SINGAPORE
Marketing & Sales Development & Engineering Production 27
29. COMPANY VISION MISSION ROI
PERVASIVE COMPUTERS CLOUD INTERNET OF THINGS
CATALOGS MARKETS TCO DAAS
PRODUCT OFFER NANOPC HPC
INNOVATION MIDDLEWARE ESF COMPRESSION
STRATEGY GLOBAL VALUE EDC VPX
COMPLEXITY EXTREME DATA BOARDS EMBBEDDED
COMPANY GROWTH VALUE STACK HW SW FW
SYSTEMS SOLUTIONS COMPETITIVENESS
EUROTECH PC/104 CPCI VME
PLATFORM SAAS AURORA EDGE
END‐TO‐END SENSORS BUSINESS INTEGRATION
SISSA
R2U IMAGINE‐BUILD‐SUCCEED NETWORK
MCA 2013
29
30. Reducing Complexity
Value follow simplicity
SW
Cost
HW
Time
Wirth’s law: “Software gets slower faster than hardware gets faster”
30
31. The Essence of Eurotech's strategy 1
Finding the right PLATFORM that reduce Customer’s TCO and TTM
It's a matter of SW vs. HW
SW COST
-
$
For Embedded
the PC
Cost
is the platform
choosen by
Eurotech
HW COST
Time
31
32. THE PLANETARY COMPUTATIONAL EXOSKELETON
Computers are becoming pervasive and ubiquitous
Ubiquitous high bandwidth connection to the Internet at all times
Massive computation available on demand through the CLOUD
Tiny Computers embedded in
– the environment,
– our clothing,
– our body
Augmented real reality
SISSA
MCA 2013 32
34. The Essence of Eurotech strategy for the IoT
Finding the right PLATFORM that reduce Customer’s TCO and TTM
Again, for this decade
It's a matter of scalable SW vs. scalable HW
SW COST
-
For the IoT $
the Cloud
is the platform
Cost
choosen by
Eurotech
HW COST
Time 34
35. Internet of Things: re-thinking IT integration
• Our "things" are: sensors, cameras, handhelds,
wearable devices, mobile devices, etc.
We have Enabled our Pervasive Computing offer
through a New Infrastructure
that decouples
distributed data Producers (the "Things")
and
distributed data Consumers (the Business Apps,
…and ultimately Human Beings)
35
36. Addressing Software Complexity
and a new way to create Distributed Systems
Cloud based apps
Multitenant
Mesh-up
Scalable
PC –Programming
Easy
A lot of available programs
Backward compatible
Productivity
Assembly
Limited reuse
of written code
Complexity and Size
36
37. Minimize Size in the lousily coupled
NanoPC
16Mhz-1MB
’92:
A Personal Computer
on the palm
of your hand
800Mhz-512MB
’07: A Personal
Computer
on half the palm
of your hand
NOW: 1,6Ghz – 2GB RAM
37
39. Aurora Tigon: 140 TeraFlops per Rack
Sets World Record for Energy Efficiency
At the Top of the GREEN500
11000 CO2 tons saved
1500 cars that do not circulate for 1 year
11500 saved trees
15 Km2 of rain forest left untouched
Nvidia Tesla K20 GPUs power Aurora Tigon HPC
cluster to 3.15 GFLOPS/W 39
40. New Approach to (new) Customers
Solution
Management Standard Standard &
& API’s & Custom
Operation Integrations Dashboards
Software
OS E
IPxx
BIOS MIL
Hardware
EN
DIN
ISO
NEMAxx
…
General Certification Vertical Design
40
42. COMPANY VISION MISSION ROI
PERVASIVE COMPUTERS CLOUD INTERNET OF THINGS
CATALOGSMARKETS TCO DAAS
PRODUCT OFFER NANOPC HPC
INNOVATION MIDDLEWARE ESF COMPRESSION
STRATEGY GLOBAL VALUE EDC VPX
COMPLEXITY EXTREME DATA BOARDS
COMPANY GROWTH VALUE STACK HW SW FW
SYSTEMS SOLUTIONS
COMPETITIVENESS
EUROTECH PC/104 CPCI VME EMBBEDDED
PLATFORM SAAS AURORA EDGE
END-TO-END SENSORS BUSINESS INTEGRATION
R2U IMAGINE-BUILD-SUCCEED NETWORK
42
43. Are organizations willing to innovate?
Innovation fails, because organizations
unwittingly strip the disruptive potential
from new ideas before they ever see the
light of day C.M. Christensen, M. E. Raynor
SISSA
MCA 2013 43
44. Sustainable Growth vs. Saturation
S curves get old
New Evolution phase
Performance
Return reduction New technology
Evolution phase
Take-off
Existing
technology
Research,
Invention phase
Time
Each new TECHNOLOGICAL substrate is more efficient than the previous one
SISSA
MCA 2013 44
45. Technology evolution and
Insource-Outsource relation
VISIBILITY
EDGE Technologies STABLE Technologies
External
External/
/internal
Internal
Development
Research
Open
M&A
Innovation
Technology Peak of Inflated Trough of Slope of Plateau of MATURITY
Trigger Expectations Disillusionment Enlightenment Productivity
SISSA
MCA 2013
46. The best companies are those that team up
best
In a flat world,
business will be increasingly
done
by companies that collaborate,
because
it will be increasingly difficult
to master the complexity
of the value creation chain
on one's own
SISSA Source:
MCA 2013 46 Tom Friedman
/The World Is Flat
48. The Paradigms of the Knowledge Economy
• Knowledge is wealth
• Bigger doesn't always mean better
• More opportunities
• Less certainties
• Everything happens faster
• Everything is exponential
• Demand comes in surges
• ReturnOnIdea is the greatest ever
SISSA
MCA 2013
48
49. Evolution of Enterprise
Enterprise
without people
Time these
are existing
today
...???.....
Virtual Enterprise: core mgt + project team
Traditional Enterprise : full time employees
SISSA
MCA 2013
49
50. Toward a virtual company
The Hollywood
model:
small
expert teams
independent
with a great deal of
connections
http://kotaku.com/gaming/business/copyin
g-the-hollywood-business-model-239845.php
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MCA 2013
51. The boundaries of the enterprise are changing
“workers need to think
of their careers as
their own small businesses”
JAMES FLANIGAN, New York Times,
14 ottobre 2009
SISSA
MCA 2013
52. Start-ups & Innovative-SMEs
SMEs produce 24 times more innovation than large
companies for every invested $.
Source: Doyle, Wong “marketing and competitive performance”, Univ. of Warwick
Large companies need from 3 to 10 times more time than
SMEs to develop the same new products.
Source: National Science Foundation (USA)
SME R&D spending overall has grown 10 times as fast as
large-company spending over 24 years (1981-2005).
Source: H. Chesbrough, Haas School of Business, Univ, Berkeley
SISSA
MCA 2013
Photo Credits: Martin Whitmore
52
52
53. New Entrepreneurs have big Social Role
Kauffman Foundation for Entrepreneurship
S.J. Davis Univ. Chicago; J. Haltiwanger Univ. Maryland, R. Jarmin U.S. Bureau of the Census
Turmoil and Growth: Young Businesses, Economic Churning, and Productivity Gains, Jun. 2008
>1/3 of new jobs come from new companies
Business Dynamics Statistics Briefing: Jobs Created from Business Startups in US, Jan. 09
From 1980 to 2005, companies born in the previous 5 years
generated the whole net job growth in the US
The Entrepreneurial Economy: Qi K i Li Ri Ei
Need Entrepreneurship Policies
• Universities as Engines of Economic Development
• Technology Transfer & Commercialization
• Private-Public Partnerships
SISSA
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53
54. Social and Economic Evolution
Industrial triangle Entrepreneurial quadrangle
Large Start-ups Large
Enterprises SME Enterprises
Personal Finance Shareholders
Business Angels Debt
Venture Capital
VITUOUS
CIRCLE
STALL
Tuition fees
Public funding Taxes
Donations
Unions State Universities State
SISSA Source: Carl Schram,
MCA 2013
Kauffman Foundation
54
55. We forget that If it can happen… It will!
Is it physically possible ?
Does it fulfill a basic human need/want?
Is there money to be made from it?
It will happen….
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MCA 2013
55
56. Innovators are Barbarians
• Barbarians are incomprehensible, but they
follow their own logic.
• It is like trying to recognize an animal by its
legs and tail.
• A new form of energy flows through the
?
apparent ugliness, vulgarity and lack of
sensibility.
• This new energy announces the society of
the future.
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MCA 2013 56
57. Thank you for your attention
… I say to the young: “Do
not stop thinking of life as
an adventure. You have no
security unless you can live
bravely, excitingly, and
imaginatively; unless you
can choose a challenge
instead of a competence.”
Eleanor Roosevelt April 1961
SISSA
MCA 2013
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