The Big Five IT Mega Trends - talk @ Filene Research Institute at Kansas City for executives and technology leaders of US and CA Federal Credit Unions and keynote @MEDES
1) Mobile
2) Big data - data doubles every 18 month - the information age economy will create value by sense making form data
3) Social Media
4) Cloud
5) Consumerization
6. The Big Five Mega Trends
Mobile – Pervasive Connectivity Empowers The World
5.5 B cell phones worldwide (78%) - 1.4 B sold in 2010 vs.15 B shoes
Big Data – Data Growth Follows Moore’s Law
2020 all data will be 35 Zetabyte 1) (1021 Byte) Stack of DVDs halfway to Mars
Social Media – Capturing the Social Fabric
98% of US online adults between 18 and 24 use social media 2)
Cloud Computing – The Oil of the Information Age
Consumerization – IT for the People
10. Big Data
Data Growth Follows Moore’s Law – Doubles Every 18 Month
1.2 million Petabyte in data have been created 2010 up from 160 Exabyte in 2007 1)
40% growth in global data generated per year vs. 5% growth in global IT spending 2)
30 billion pieces of content shared on Facebook every month 2)
The Information Age Economy Creates Value From Data
Old economy – BASF, Dow, DuPont, Ford, GM, GE 100k to 200k employees
New economy – EMC, HP, MSFT, Oracle, SAP 50k to 100k employees
Information age economy - Facebook, Twitter, Groupon 5k to 20k employees
11. Big Data
Software Will Eat The World
Machines will talk to each other – Internet of Things
Automation of Information Gathering and Processing
AI Could Replace 50 M Professional Jobs ~ 40% of employment
Martin Ford in The Lights in the Tunnel: Automation, Accelerating Technology
and the Economy of the Future
16. Shanzhai
Free Spirits in the Mountains
Grassroots creativity or a violation of
intellectual property ?
Shanzhai Nokia N9
7 operating systems interfaces
Meego, iOS 5.0, HTC Sense,
Windows Phone 7, BlackBerry,
Smasung’s TouchWiz and
Symbian Anna
Looks like a smartphone with
games and basic features
It is a semi-smartphone that looks
like a smartphone but doesn’t
have the full features
MobileBreakthrough technology for industrialized world and developing countries at the same timeNo need to read and write audio and picsPervasive connectivity – fornt end to the cloudMobile banking in SA has almost doubled to 44% up from 27% in one year. 12% are now sending money from phone to phone. In Africa mobile minutes are currency.M-PESA (mobile pesa=money) is a branchless banking service, very successful in Kenya used by over 10 M people or 50% of the adult population; joint venture between Vodafone and Safaricom. Example of Prahalad’s developing countries leap frog the West.A story from a friend’s servant in SA. His pregnant wife having complications late in the night and they needed to get to the doctor. This was very late in the night and their residence was far from town. Neither the gentleman nor the lady had airtime to call the doctor. However the lady was a registered customer for Mobile Banking service. With no other option left to get airtime, a solution lay in her hands under her thumb. She got onto her phone and was able to buy airtime and called the doctor who diagnosed the issue on phone and the lady was relieved of the pain.Moore’s law for data creation - amount of data is doubling every 18 month
Mobile banking in SA has almost doubled to 44% up from 27% in one year. 12% are now sending money from phone to phone. In Africa mobile minutes are currency.M-PESA (mobile pesa=money) is a branchless banking service, very successful in Kenya used by over 10 M people or 50% of the adult population; joint venture between Vodafone and Safaricom. Example of Prahalad’s developing countries leap frog the West.A story from a friend’s servant in SA. His pregnant wife having complications late in the night and they needed to get to the doctor. This was very late in the night and their residence was far from town. Neither the gentleman nor the lady had airtime to call the doctor. However the lady was a registered customer for Mobile Banking service. With no other option left to get airtime, a solution lay in her hands under her thumb. She got onto her phone and was able to buy airtime and called the doctor who diagnosed the issue on phone and the lady was relieved of the pain.Moore’s law for data creation - amount of data is doubling every 18 month
Our kids will not so much have to find their next job as to invent their next jobSilicon Valley Facebook is now valued near $100 billion, Twitter at $8 billion, Groupon at $30 billion, Zynga at $20 billion and LinkedIn at $8 billion. These are the fastest-growing Internet/social networking companies in the world, and here’s what’s scary: You could easily fit all their employees together into the 20,000 seats in Madison Square GardenLook at this start up! That maps the world’s technologies; it will help us to find our START-UP ;-)http://quid.com/By 2020 it will be 35 Zettabyte (IDC) Stack of DVDs halfway to Mars30 billion of pieces of content shared on Facebook every month$ 600 to store all the worlds music1.5 M more data-savvy managers needed for big data in US; McKinsey Old economy: BASF, Dow, DuPont, GM, GE 100k to 200 k employeesNew economy: SAP, Oracle, HP, EMC, MS 50k to 100 k employeesInformation age economy: Facebook, Twitter, Groupon 5k to 10k employees
Our kids will not so much have to find their next job as to invent their next jobSilicon Valley Facebook is now valued near $100 billion, Twitter at $8 billion, Groupon at $30 billion, Zynga at $20 billion and LinkedIn at $8 billion. These are the fastest-growing Internet/social networking companies in the world, and here’s what’s scary: You could easily fit all their employees together into the 20,000 seats in Madison Square GardenLook at this start up! That maps the world’s technologies; it will help us to find our START-UP ;-)http://quid.com/By 2020 it will be 35 Zettabyte (IDC) Stack of DVDs halfway to Mars30 billion of pieces of content shared on Facebook every month$ 600 to store all the worlds music1.5 M more data-savvy managers needed for big data in US; McKinsey Old economy: BASF, Dow, DuPont, GM, GE 100k to 200 k employeesNew economy: SAP, Oracle, HP, EMC, MS 50k to 100 k employeesInformation age economy: Facebook, Twitter, Groupon 5k to 10k employees
Our kids will not so much have to find their next job as to invent their next jobSilicon Valley Facebook is now valued near $100 billion, Twitter at $8 billion, Groupon at $30 billion, Zynga at $20 billion and LinkedIn at $8 billion. These are the fastest-growing Internet/social networking companies in the world, and here’s what’s scary: You could easily fit all their employees together into the 20,000 seats in Madison Square GardenLook at this start up! That maps the world’s technologies; it will help us to find our START-UP ;-)http://quid.com/By 2020 it will be 35 Zettabyte (IDC) Stack of DVDs halfway to Mars30 billion of pieces of content shared on Facebook every month$ 600 to store all the worlds music1.5 M more data-savvy managers needed for big data in US; McKinsey Old economy: BASF, Dow, DuPont, GM, GE 100k to 200 k employeesNew economy: SAP, Oracle, HP, EMC, MS 50k to 100 k employeesInformation age economy: Facebook, Twitter, Groupon 5k to 10k employees