MENA-ECA-APAC NETWORK MEETINGS, 2017 INNOVATION AND DISRUPTIVE TECHNOLOGY Sleem Hasan, Founder and CEO, Privity November 15, 2017
"Technology is the ONLY discipline I have identified that has the ability to alter our ways of life whether we choose to embrace it or not; even religion can't do that. Sleem Hasan, Founder & CEO Privity FZ LLE 2
How I Define Innovation Top 10 countries by R&D spending: Innovation can be viewed in two different ways: Business innovation Technology innovation Patent eligibility post-alice era: The US Supreme Court decision in Alice v CLS Bank (2014) regarding the eligibility of subject matter for patent protection has had an enormous impact on the ability to protect computer-implemented inventions in particular. 3
Waves of Innovation 4
Computing Power 5
The Speed of Transformation Through Innovative Technology Computing Power 120.000.000X Faster 6
Computer Data Storage Through Innovative Technology Computing Power 1.000X More Memory 7
How many startups were formed in 2015? 50 million new businesses formed globally (137,000 per day) 8
Pace of Transformation (1/3) 300K units in 1 year 3000K units in 3 months 500000k downloads in 2 months $2M per day for free app 9
Pace of Transformation (2/3) World's Top Tech Giants Amass $1.7 Trillion in Monster Year 10
Pace of Transformation (3/3) 2008: For the first time, the number of internet users accessing the internet over wifi surpassed those accessing over landline. 2013: By 2013, there were at least 2 things connected to the internet for every one human s personal advice. Between 2016 and 2020: the number of things connected to the internet is expected to grow more than 200%. 11
How Innovative Technology is Disrupting Existing Businesses 12
1963 1967 1971 1975 1979 1983 1987 1991 1995 1999 2003 2007 2011 Innovative Technology on the Rise Total US Patent Applications 600,000 500,000 400,000 300,000 200,000 100,000 0 13 Total US Patent Applications
Innovative Technologies Disrupting The World
Artificial Intelligence (AI) AI is the new electricity, said Andrew Ng, co-founder of Coursera and an adjunct Stanford professor who founded the Google Brain Deep Learning project. About 100 years ago, AI transformed every major industry. AI has advanced to the point where it has the power to transform every major sectors in the coming years. 15
Robotics and Automation Trends: Aging 16
Robotics and Automation Trends: Healthcare 17
Robotics and Automation Trends: Labor 18
Robotics in Action 19
Self Driving Cars 20
Blockchain Big banks and some governments are implementing blockchains as distributed ledgers to revolutionize the way information is stored and transactions occur. Their goals are laudable speed, lower cost, security, fewer errors, and the elimination of central points of attack and failure. These models don t necessarily involve a cryptocurrency for payments. 21
Additive Manufacturing 22
Augmented Reality & Virtual Reality 23
Cyber Security $6T in damages by 2021 24
Disruptive Technologies Impacting Infrastructure
Disruptive Technology Are Transforming Infrastructures Traditionally, infrastructure projects have been seen as predictable on the long term, engineering-driven and based on proven technologies. However, this reality is changing fast and a wide array of disruptive technology are rapidly transforming the way infrastructure projects are built and operated within the developing world. As organizations strive to align IT and operational technology to drive digital business innovations, infrastructure & operations (I&O) leaders should focus on 10 key technology trends to support these initiatives. These technology trends fall under three areas strategic, tactical and organizational. Strategic Disappearing Data Centers Interconnect Fabrics Containers, Microservices and Application Streams Tactical Business-Driven IT Data Center as a Service Stranded Capacity Internet of Things Organizational Remote Device Management Micro and Edge Computing Environments New Roles in IT 26
Digital Creating New Infrastructure 27
Disruptive Technology in Airports Augmented Reality (AR), Virtual Reality (VR) and New Apps New categories of apps will include AR and VR technologies to provide virtual personal assistants, thus allowing operators to provide better customer service to passengers (i.e. gate information, baggage belt location), as well as benefit the commercial activities of airports by targeted marketing and promotions. 28
Disruptive Technology in Airports The Internet of Things (IoT) The digital revolution enable passengers and freight services to use cloud computing and other technology to gather and analyze information and data. Cyber-security breaches Following cyber-attacks, transport operators are susceptible to lose control of the operational aspects of the vehicles (trains, metros) and data. 29
Smart Cities: Dubai Case Study Since 2009 and for the first time in history, more people lived in urban centers than rural areas. Global cities have emerged and the global technology industry is keen to make smart cities a success. Dubai is willing to become a smart city and various initiatives were launched whilst integrating technologies such as Information Communication Technologies (ICT) and the Internet of Things (IoT) into its hard and soft infrastructure. Examples of projects in Dubai: 30
The way in which new technologies are lowering the cost to make financial transactions more accessible, even in very small numbers I think we are about to see massive disruptions Christine Lagarde, Managing Director of the IMF 31
Thank you for your attention
Sources: http://www.gartner.com/smarterwithgartner/top-10-technology-trends-impacting-infrastructure-operations/ 2) https://assets.kpmg.com/content/dam/kpmg/xx/pdf/2017/01/foresight-emerging-trends-2017.pdf https://www.smartrailworld.com/seven-rail-technology-trends-set-to-shape-our-industry-in-2017 https://www.techinasia.com/deloitte-launches-innovation-tour-foster-engagement-startups-corporates https://home.kpmg.com/xx/en/home/insights/2017/01/trend-1-confluence-of-energy-transportation-technologysharpens.html https://www.iol.co.za/business-report/opinion/africas-gigantic-growth-prospects-to-benefit-entrepreneurs-investors- 11493909 https://www.bloomberg.com/news/articles/2017-10-13/bitcoin-competitors-are-being-built-in-ex-google-coders-laptops https://www.bloomberg.com/news/articles/2017-11-13/top-tech-stocks-1-7-trillion-gain-eclipses-canada-s-economy 33