Dr. Gian Mario MAGGIO – Director EIT Digital (Italy)Roma, September 28th, 2017

Driving Europe’s Digital Transformation

About EIT Digital

• Vision: EIT Digital delivers digital innovations to the market and breeds entrepreneurial talent for economic growth and improved quality of life in Europe

• Mission: EIT Digital is a leading European digital innovation and entrepreneurial education organisation driving Europe’s digital transformation

• EIT Digital is a KIC (Knowledge and Innovation Community) of the EIT(European Institute of Innovation and Technology)

EIT DigitalVision and mission statement

Y

Driving Europe’s Digital TransformationPillars of our strategy

Pan-European Ecosystem

Innovation & Entrepreneurship

Entrepreneurial Education

Pan-European Ecosystem Leveraging on a Europe-wide network (and beyond)

• Pan-European ecosystem comprising 9 Nodes and a Hub in Silicon Valley

• Outreach to whole Europe through our Regional Innovation Scheme (ARISE)

• Leveraging on a network of 150+ partners, including top universities/research institutions and leading ICT industries

Innovation & EntrepreneurshipGrow & Go-to-Market

• Created over 200 commercially viable products and services

• Coached over 300 scale-ups• Raised €150 million from

Venture Capital

EIT Digital Accelerator

Open Innovation activities

Entrepreneurial EducationDigitally skilled workforce

KPIs 2017 2018 2019

Master School (new students

admitted)

475 600 700

Doctoral School (total students

enrolled in programme)

180 210 240

Professional School (# courses

offered)

40 80 120

Professional School (# learners) 1000 2000 5000

MOOCs (# learners) 20,000 50,000 100,000

Digital Transformation

Digital Transformation (1/5)Exponential acceleration

• Exponentially advancing digital technologies (e.g. Moore’s Law) have led to exponentially accelerating innovation and massive use of data

• Rapid technological advances have the power to disrupt industries• ‘Winner takes it all’ effect – digital ventures are easier to scale• Emergence of global digital platforms (e.g. Facebook largest nation on

Earth with 2 Bl “inhabitants”)

Source: Deloitte

Digital Transformation (2/5)A cultural journey as well – beyond tech

• Digital Transformation is the profound transformation of business and organizational activities, processes, and models to fully leverage the changes and opportunities of digital technologies

• Digital transformation is not only about technology – it is a lot about culture and mindset in order to reap the benefits of the digital revolution

• Most relevant impact on businesses: From digitalization and IT technology optimization up to full disruption of the business model (e.g. Airbnb)

Digital Transformation (3/5)Towards the digital enterprise

• Digital technologies can reshape every aspect of modern enterprises:

Source: McKinsey

Digital Transformation (4/5)An opportunity for Europe

Digital Transformation (5/5)Key challenges for Europe

• Europe is lagging behind in terms of developing global digital platforms (e.g. SAP)

• 40% of businesses (esp. SMEs) are not ready for the digital transformation

• Europe creates enough “deep tech” digital start-ups, but too often they remain small ventures

• Fragmentation – language, cultural and regulatory barriers hindering the Digital Single Market implementation

• Digital skills shortage – Europe could face a shortage of up to 900,000 skilled ICT workers by 2020

Case Studies

Case Study (1)Digital Cities – City Enabler

• “City Enabler” software product which unleashes the power of urban data for better city living

• The technical solution is based on the FIWARE European open platform that is easy to scale (no vendor/city lock-in)

• Enabling an ecosystem for third parties (e.g. SMEs) to develop innovative services

• Examples of “vertical” applications: mobility, education, tourism

• Customers/stakeholders:- City Managers- Urban service providers- Citizens

Case Study (2)Digital Industry – Street Smart Retail

• Digital technologies allow to close the gap between physical stores and e-commerce

• EIT Digital solutions help retailers creating seamless omnichannel, engaging and personalised experience for customers

• Example 1: WCards uses a “proximity marketing” function to send customers sales promotions and product information when they stand near to a specific product

• Example 2: Hi Engage allows shoppers visiting their stores to easily identify the products they have been browsing on the shop's website

Conclusions and the role of EIT Digital

• Technology investments in businesses to realize the Digital Transformation (DX) are expected to reach 2,200 Bl$ worldwide by 2020

• Digital Transformation is a major opportunity for Europe’s economy

• Data is the oil fueling the new Digital Transformation economy

• Tomorrow’s digital champions are fast-growing companies scaling up in Europe and beyond

• Job market is being affected as well by the Digital Transformation and the disruptive effect of AI (artificial intelligence) technologies

Conclusions

• EIT Digital can play a relevant role in terms of:

- “De-fragmentation” of Europe re. digital technologies

- Developing Digital Innovation Hubs (e.g. Industry 4.0)

- Fostering open innovation to compete with global platforms

- Scaling-up new digital ventures- No innovation without education:

Educating the next generation of digital entrepreneurs

- Continuous learning to cope with jobs obsolescence

The Role of EIT Digital

Thanks for your attention!

Contact info: gm.maggio@eitdigital.eu

• When: 28 November 2017• Where: Trento (Italy)• Who: Keynote on Digital Transformation - Chief Technology and

Digital Innovation Officer at Barcelona City Council

SAVE-THE-DATE:EIT Digital – Italian Innovation Day