rethinking your digital business opportunity · 64% of cios see digital in a converged way 21% all...
TRANSCRIPT
Rethinking Your Digital Business Opportunity21 May 2014
Matt JoeChief Technology Innovation Officer, North America
© 2014 Avanade.
© 2014 Avanade Inc. All Rights Reserved.
Leadership + Digital Initiatives = Financial Benefits
1. Based on 157 executive-level interviews in 50 companies in 15 countries2. Based on the analysis of industry-adjusted financial performance of the 184 publicly traded large companies. The research was conducted by MIT Center for Digital Business and CapGemini. Financial performance is compared to
average industry performance
Revenue Generation
Digitally more mature companies have higher financial performance than their less mature competitors2
Profitability Market Valuation
+9%+6%
-10%-4%
+26%-11%
+9%-24%
+12%-12%
+7%-7%
Investment in digital transformation initiatives
High
Low
Low HighLeadership and commitment to drive digital transformation
High
Low
Low High
High
Low
Low HighLeadership and commitment to drive digital transformation
Leadership and commitment to drive digital
transformation
Source: “The digital advantage: How digital leaders outperform their peers in every industry” and “Digital transformation: a roadmap for billion-dollar organizations”, Capgemini & MIT Center for Digital Business, 2012
© 2014 Avanade.
© 2014 Avanade Inc. All Rights Reserved.
The role of Go to Market:clients on Digital Business and Converged Capabilities and Solutions
Provide a central capability for conducting and supporting market and client interfaces
Digital: Increasingly important to CIO’s who see digital technology convergence
Mobile Big Data/ Analytics
Social Media
Mobile 17%Only Mobile
18%Mobile + Big Data
17%Mobile + Social
Big Data/ Analytics
11%Only Big Data
8%Big Data + Social
Social Media 8%Only Social Media
64% of CIOs see digital in a converged way
21% All Three Technologies
Source: CIO Agenda 2013 – Implications for High-Tech Providers, Gartner
1 in 5 CIOs has the Chief Digital Officer (CDO) title today…The CDO is the externally focused change-agent driving the harnessing of digital technologies to create new products, services, and customer experiences through digitized and redefined business models.
© 2014 Avanade.
© 2014 Avanade Inc. All Rights Reserved.
Social Computing
Cloud
Harnessing digital technologies to create new products, services and customer experiences through digitized business models.
• Digital mindset will separate tomorrow’s most able organizations from their lesser rivals.
• Defined by an instinct for creatively using technology to fundamentally change their business
• Powered by connected systems, connected devices, connected people, connected insight, driven by the convergence of cloud, mobility, social and big data.
The Digital Business
© 2014 Avanade.
Gamification in the Construction Industry
Gamification in the Construction Industry
Gamification in the Construction Industry
Insight-enabled Loyalty: Creating a new customer experience
Innovation Day: Use a proven framework that distills disparate inputs into action plans
Using Innovation to accelerate your competitive differentiation and further drive your customer and employee satisfaction
TrendsExternal trends that may disrupt industry structure and/or business model dynamics.
Company BeliefsIdentify and challenge underlying assumptions / beliefs we hold about what drives our success.
Other Biz ModelsStudy business models that might reveal new dimensions of competition.
Your InsightsIdentify and clarify high-priority unmet or unarticulated needs.
Emerging TechHarness unique, viable technologies with the potential to drive customer benefit and competitive differentiation.
Existing CapabilityIdentify unique skills, processes, technologies, assets and values that can be leveraged to create business opportunities.
#TopRightQuadrant: Making Your Innovation Agenda Actionable
Ease of Implementation
Bene
fits /
Val
ue to
Bus
ines
s
Most Important, Highest Value, & Quick WinHigh Value but Slow
Slow and Painful Quick Gains, Low Benefits
High
HighLow
iDay: From Whiteboard to Action
© 2014 Avanade.
Innovation Jumpstart
© 2014 Avanade.
• We’ll start with the #TopRightQuadrant ideas and work with you to create Innovation Briefs
• PoC’s and/or storyboard mockups can be requested
• Innovation Briefs help drive the next steps
Thank you for your time
© 2014 Avanade.