silicon valley mizio technology scouting alumni mip february 2011

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A GLIMPSE INTO SILICON VALLEY Stefano Mizio February 17 th 2011

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My experience as technology scout in Silicon Valley.

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Page 1: Silicon valley mizio technology scouting  alumni mip february 2011

A GLIMPSE INTO SILICON VALLEY

Stefano Mizio

February 17th 2011

Page 2: Silicon valley mizio technology scouting  alumni mip february 2011

You need to take a look outside your company

Your DNA (the way you see problems, opportunities, mana-gement) is biased!!

You need a DifferentPerspective!

Dead Poets Society

If you spent the entire your ca-reer in a big company...

Page 3: Silicon valley mizio technology scouting  alumni mip february 2011

The Menace

“A dream to some... a nightmare for others” [Merlin, Excalibur]

Page 4: Silicon valley mizio technology scouting  alumni mip february 2011

“ Innovators use both the right and left side of their brain.

What Peter Drucker says about innovation....

They look at figures and they look at people.

Go out to look...

...to ask

to listen!“

Page 5: Silicon valley mizio technology scouting  alumni mip february 2011

Are you a tourist?

Page 6: Silicon valley mizio technology scouting  alumni mip february 2011

What is Silicon Valley?

If you go to see Silicon Valley, what you'll see are buildings...

Risk taking

Openness

Great Universities

Right Investors

Mentoring System

But it's the people that makes it Silicon Valley, not the buildings.

Page 7: Silicon valley mizio technology scouting  alumni mip february 2011

Some Myths

You need Venture Capital. Not completely true!!!...on the Inc. 500 list of the fastest-growing private companies. Only approximately 16 percent of the roughly 900 unique companies on the list from 1997-2007 had venture capital backing.Kauffman foundation report

startups aren’t just an important contributor to job growth: they’re the only thing. Without startups, there would be no net job growth in the U.S. economy. From 1977 to 2005, existing companies were net job destroyers, losing 1 million net jobs per year. In contrast, new businesses in their first year added an average of 3 million jobs annually.Kauffman foundation report

Google, Microsoft, Cisco are vital to employment. Wrong!!!

Page 8: Silicon valley mizio technology scouting  alumni mip february 2011

Some Myths

Unemployment,what is it?

Gigaom

Page 9: Silicon valley mizio technology scouting  alumni mip february 2011

Do you know that...

California looks like Italy in terms of GDP... according to The Economist but only 37 million population (Poland)

Page 10: Silicon valley mizio technology scouting  alumni mip february 2011

Almost 6,000 miles!My best friend: TomTom.

Where I spent my time

Page 11: Silicon valley mizio technology scouting  alumni mip february 2011

Formal and informal information sources

my eco-system...

Page 12: Silicon valley mizio technology scouting  alumni mip february 2011

Technical meeting

It's maybe the best way to meet people to share the same interests

Very informal way! “Pizza and Software” as in Mountain View for Silicon Valley Cloud Computing Group last August on Open Stack!

more formal such as at IEEE workshop on “Internet of things” in Santa Clara University in September.

OR...

Page 13: Silicon valley mizio technology scouting  alumni mip february 2011

Business Meeting

..gathering Venture Capitalists gut feeling, looking at their portfolio and meeting startups!

OR...

Page 14: Silicon valley mizio technology scouting  alumni mip february 2011

“Classical” Events

To get the big pictures and main trends!

Mobilize event on the “Future of mobile web” in San Francisco last September

DiscoveryBeat at Mission Bay last October

Or...

Page 15: Silicon valley mizio technology scouting  alumni mip february 2011

Visionary Events

To get inspiration!

Listening from Marissa Mayer from Google or Tim Brown from IDEO or Rendy Comisar from Kleiner Perkins at Stanford.

Listening John Hagel III in Moun-tain View while he was giving an insightful look at the power of to-day's knowledge flow

Or...

Page 16: Silicon valley mizio technology scouting  alumni mip february 2011

The Italian Guys

Silicon Valley Study Tour at our Consolato in San Francisco

Page 17: Silicon valley mizio technology scouting  alumni mip february 2011

Scouting Process

Julian Bleecker at Device Design Day in SF on how Science Fiction can help innovation

The iPAD 23 years agoiPad and Star Trek

Page 18: Silicon valley mizio technology scouting  alumni mip february 2011

Identification Selection Assessment Dissemination

? !

?

?

?

??

??

?

?!

!!

!R&D manager

CTO/CMO

Product M.

Scouting Process

Page 19: Silicon valley mizio technology scouting  alumni mip february 2011

Identification Selection Assessment Dissemination

? !?

?

???

? ??? !

! !!

Scouting Process

Cloud Computing

CleanTechInternet of Things

Mobile Health

Cross Platfom mobile dev

LBS

IT Governance

Mobile payments

App Discovery

Page 20: Silicon valley mizio technology scouting  alumni mip february 2011

Assessment

Scouting Process

Technological realization complexity

Mar

ket i

mpa

ct

Potential market size

Competitors' landscape

Technology maturity

Complexity

High

High

low low

Relevance

ProGrid SW

DT Process

Page 21: Silicon valley mizio technology scouting  alumni mip february 2011

So... what?American Excitement

Italia, 44° Rapporto Censis “società senza spinte vitali...assenza di motivazioni a cambiare...”

“...scopriremo che sempre più spesso il lavoro bisogna crearselo, non cercarlo, perchè non c'è quasi più niente da trovare in giro,..”

Riccardo Luna, Wired gennaio 2011

Page 22: Silicon valley mizio technology scouting  alumni mip february 2011

Sometimes Cartoons can inspire you

The new needs friends!Anton Ego, Ratatouille

Change is nature.The part that we can influence. And it starts when we decide.Remi, Ratatouille

Page 23: Silicon valley mizio technology scouting  alumni mip february 2011

Thank YouTwitter: SMIZIO - [email protected]

you can find me on Linkedin

Where are you going? With Luck, Forward!! !Remi