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@FutureEnt_EU

FutureEnterprise: Be Digital & Innovate!

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Dr. Fenareti Lampathaki National Technical University of Athens, School of Electrical & Computer

Engineering, Decision Support Systems Laboratory (DSSLab)FutureEnterprise Project Manager

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The “Digital” Hype

Source: https://assets.kpmg.com/content/dam/kpmg/pdf/2015/10/digital-business-its-time-for-cios-to-lead.pdf

€3.2 trillion in the G-20 economies

Contributing up to 8% of GDP, powering growth and creating jobs

Over 75% of the value added created by the Internet in traditional industries, due to higher productivity gains

Digi

tal E

cono

my

Source: http://ec.europa.eu/growth/sectors/digital-economy/importance/index_en.htm

Günther H. OettingerCommissioner, Digital

Economy & Society

“…To be absolutely clear: business as usual will not work!Our overall objective is to maximise the benefits from digital technologies in every industry in Europe while ensuring that our workforce is adapting to the digital era.In order to reach this goal and to make industry 4.0 a reality in Europe I propose to take action in four key areas: digital innovation hubs; leadership in platforms for digital industry; closing the digital skills gap; and smart regulation for smart industry. …”

Speech at Hannover Messe

“New forms of enterprises”

New forms of enterprises are defined as “Digital Enterprises of the Future, driven by constant business model transformation and innovation, acting as multi-sided

platforms built on -as well as emerging from- digital innovations at the global, as well as local level, to produce shared value for their whole ecosystem”.

“Digital” Lessons learnt from:

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Key Questions

• How to bring digital entrepreneurs and enterprises closer to applying digital business innovation in their everyday activities and becoming a “new form of enterprise”?

• How to help researchers, digital entrepreneurs and enterprises gain insights on technology trends and challenges laying ahead?

• How to contribute to the promotion of the Digital Enterprise and Digital Transformation, in general, at policy level?

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Offerings to Stakeholders

EnterprisesSMEs

Web EntrepreneursResearchers Policy Makers

• MOOC on “New Forms of Enterprise: How to deliver digital business innovations and capture value”

• Enterprise Lab with Education and Business Seeds

• Digital Business Playground

• Policy Recommendations for new forms of enterprise and digital transformation

• Research Roadmap on new forms of enterprises

• Digital Business Innovation Framework

• Enterprise Lab with Research Seeds

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What’s tre

nding

for a Digital

Enterprise?

Automated Delivery

Enterprise 3D printing

Crowdsourcing

Automated Operations

Cloud Computing & API platforms

Big-extreme Data

Gamification

Quantified self

Quantum Computing

Smart Dust

Mesh networks

Prescriptive Analytics

Smart Machines

AutonomousTransportation

IntelligentCityFuture Digital

Enterprise

IntelligentFactory

IntelligentHome

Web of Things

Mobile money

LTE/5G

EnterpriseGamification

NLP and Q&A Machine Intelligence

HolographicDisplays & VR

Virtual Currency

Home 3D printing

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Business opportunities are tremendous…

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But… Europe’s digital market is not her own…• 42% of online economic activity is within individual

Member States’ borders; • Only 4% is cross-border:

• 52% of attempted cross-border orders within the EU are geo-blocked

• 54% of online economic activity involves US-based services

Massive potential for Europe• 315 million daily Internet

users• €415 billion in additional

GDP/year

Where the Digital Economy is moving faster?

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Core Problems &“Inhibiting” Factors

Innovation MismatchThe need for successive

innovation and evolution

Business MismatchThe need for market-oriented

pull and not only research-oriented push

Timing MismatchThe need for Speed

Place MismatchThe need for ubiquitous, swift

and targeted information sharing

Access MismatchThe need for openness in

infrastructures, knowledge and innovation

Funding MismatchThe need for risk-tolerant

capital sources and financing instruments

Legal MismatchThe need for a flexible legal

framework for entrepreneurs and SMEs

Education MismatchThe need for entrepreneurial

education and early involvement

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Investment problems New forms of enterprise cannot make

their unique contributions Changes already in progress Persistent obstacles

What can we do at EU level (beyond the Startup Europe Manifesto)? 45 draft policy interventions by

I. To facilitate and encourage the digital transformation of enterprisesRebalance digitisation stimulus away from hardware acquisition; Empirical identification and stimulus for new types of ecosystem services fostering digital business transformation.

II. To improve processes and outputs of innovation Legal forms for commercial/non-commercial hybrids; ‘Repayment’ R&I support that makes visible the broader and longer term returns to innovation.

III. To narrow and improve linkages between research and the marketNew status for University-industry hybrid ventures that operate in markets and deliver education and research services

IV. To improve the availability and structure of risk capital and other necessary inputs to business innovation Participatory, risk-based and ‘return-sharing’ procurement; Public shares in IP assets

V. To integrate and reinforce the development of a functional and sustainable entrepreneurship cultureNuanced approach to identifying and assisting Ecosystem approach – business and education, entrepreneurs and other ‘species’, Holistic (Entrepreneur Country) approaches

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Next steps

Finalize Policy Recommendations for digital transformation

Officially launch the FutureEnterprise MOOC

Your opinion matters!https://goo.gl/e6Jzou

5 Partners FutureEnterprise Experts’ Panel

Who

we

are?

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Thanks for your attention!

Dr. Fenareti Lampathaki (NTUA)fenareti.lampathaki

Join Us!

flamp@epu.ntua.gr

Sources: FutureEnterprise Deliverables D1.2.2, D1.3.1, D2.2.2, D3.1.2, D3.3.2Photos in presentation retrieved from Google Images

@fenareti

http://www.futureenterprise.eu @FutureEnt_EU

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