digital transformation and digital business

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DIGITAL TRANSFORMATION DOING BUSINESS IN THE DIGITAL MOBILE AGE & FOURTH INDUSTRIAL REVOLUTION @ReneRojas rene@ hubbog.com Sept 2016

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Page 1: Digital Transformation and Digital Business

DIGITAL TRANSFORMATIONDOING BUSINESS IN THE DIGITAL MOBILE AGE & FOURTH INDUSTRIAL REVOLUTION

@[email protected]

Sept 2016

Page 2: Digital Transformation and Digital Business

Where we are

@ReneRojas [email protected] 2

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@ReneRojas [email protected] 3

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@ReneRojas [email protected] 4

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The App Economy

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The world is mobile

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Strategic Foundations of Digital Business1. Reach and Richness

trade off2. Long-tail principle3. New supply chains4. Economy of things and

economy of information

@ReneRojas [email protected] 9

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@ReneRojas [email protected] 10

Number of people exchanging

InteractivityCustomizationUpdated

Reach & Richness Trade-off

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Reach

Traditional Business models

New Business ModelsRic

hnes

s

@ReneRojas [email protected] 11

Reach & Richness Trade-off

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@ReneRojas [email protected] 12

Reach & Richness Trade-off

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The Long tail principle

@ReneRojas [email protected] 13

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Buying Manufact Commercia DeliveryDesign

ManufacurersRow materials ManufacturersDistribution Distribution Retailer Customer

Service

IN THE COMPANY

IN THE INDUSTRY

INFORMATION

INFORMATION

@ReneRojas [email protected] 14

In the supply chain

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New Supply Chain

ManufacturinfRow materials ManufacturDistribution Distibution Retailer Customer

Buying Manurfact Commerc DeliveryDesign Service

In the company

In the industry

cloud

cloud

@ReneRojas [email protected] 15

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Economy of things and Economy of information

@ReneRojas [email protected] 16

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Ecomomy of things Economy of information

- Marginal cost is close to Zero- Marginal cost is the cost of a copy

- Speed of light –Fiber Optic - Speed of logistics, transport systems

- Things come to the customer- Customer have to come for things

- Keep the possesion after sale- Transfer the posesion after sale- Less asymetries of information- Strong asymetries of information

@ReneRojas [email protected] 17

- Ubiquity- Spacely located

- 7/24- Openning and close, business hours

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At the end of the day, Why a Customer buy a product?• Trust• To solve a

problem• To satisfy a

need– Food– House– Clothing– Information

@ReneRojas [email protected] 18

• To Save time• Reduce risks• Emotional

Feelings• Status• …..?

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Where are we going?

@ReneRojas [email protected] 19

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“nearly 97% of kids had used a mobile device by the time they were 4, with most of them starting using them before age 1” Market watch Nov 2015

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What is the next Uber?

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“The world of less Clicks ”

ISArrastre la imagen al marcador de posición o haga clic en el icono para agregar

LESS Arrastre la imagen al marcador de posición o haga clic en el icono para agregar

MORE

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Internet of things

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INTERNET OF THINGShttp://www.mckinsey.com/business-functions/business-technology/our-insights/the-internet-of-things-the-value-of-digitizing-the-physical-world

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Where are we going

@ReneRojas [email protected] 26

Page 27: Digital Transformation and Digital Business

THANK YOU

@[email protected]

May 2016, Paris