nasscom ilf 2016: exponential technologies causing business model innovation

Exponential TechnologiesScott Pittman, CIO, Dell

What Are Exponential Technologies?

Source: Christine Arena - Author

Technologies that allow us:

1. To do more, learn more, and earn more than ever before.

2. Transform our usual ways of thinking, behaving, and relating to one another. 3. Empower and enrich the lives of many people, not just an elite few.

Early Examples

Source: Christine Arena - Author

Release of 1st personal computer in 1970s

Internet1990s

Cellular/Mobile technologies

1980s

Artificial intelligence

Robotics

Additive Manufacturing

Industrial BiologyIndustrialBiology

52% of companies listed in the Fortune 500 in the year 2000 are no longer there today.

Exponential Disruption

Source: ThinkExponential.com

The world’s largest taxi companyowns zero vehicles

The world’s most popular mediacompany creates zero content

The world’s most valuable retail company has zero inventory

The world’s largest accommodation provider owns zero real estate

Source: Tom Goodwin, SVP Havas Media

Game Changing Business Models

Silicon Valley is not a place.It’s a state of mind.

Source: Pivotal

Source: JPMorgan Chase Annual Shareholder Letter (2015)

“Silicon Valley is coming…andthey all want to eat our lunch.”- Jamie Dimon CEO, JPMorgan Chase

Source: User Summit (2014)

“If you went to bed last night as an industrial company, you’re going to wake up in the morning as a software and analytics company.”- Jeff Immelt CEO, General Electric

LighteningSpeed & AgilityReleasing new features…• In minutes• Multiple times a day• Across multiple

clouds• Around the world

Dell - Internal Use - Confidential - Privileged14