How to Evaluate Emerging Technologies

1. How to Evaluate Emerging Technologies

2. 2 HI, I’M EJ

3. 3 EMERGING TECHNOLOGIES EVALUATION AND SELECTION

4. AGENDA 4 WHAT HOW WHO

5. 5 WHAT DEFINING EMERGING TECHNOLOGY

6. WHAT?

7. 7 EMERGING TECHNOLOGIES ARE CHARACTERIZED BY RADICAL NOVELTY, RELATIVELY FAST GROWTH, COHERENCE, PROMINENT IMPACT, AND UNCERTAINTY AND AMBIGUITY. WHAT ARE EMERGING TECHNOLOGIES? - WIKIPEDIA

9. 9 BEWARE OF MAGICAL THINKING: COMPLEX TOOLS WILL NOT AUTOMATICALLY INSTALL AND RUN THEMSELVES, NOR WILL THEY TRANSFORM YOUR ORGANIZATION WITH THE PUSH OF A BUTTON. AN ELEVEN STEP PROGRAM TO CURE SHINY OBJECT SYNDROME - NTEN.ORG

10. 10 COMMON FEARS We need AI to help our customers! We are behind in VR & AR tech! We need to get into the Blockchain!

11. 11 COMMON FEARS We need AI to help our customers! Actually, you might need NLP. We are behind in VR & AR tech! What compelling experiences can be delivered via VR or AR? We need to get into the Blockchain! How can the Blockchain unlock our ability to deliver secure assets to our users?

12. 12 SOME INTERESTING STATS Gartner predicts that 100 million consumers will shop in augmented reality by 2020. It also predicts that 85% of customer interactions will be managed without a human by that time. A PwC study of 2,500 U.S. consumers and business decision makers found that business leaders, specifically, believe AI is going to be fundamental in the future. In fact, 72% termed it a “business advantage.” In May 2016, Google reported that 20% of its mobile queries were voice searches. Niantic’s Pokemon Go, which greatly boosted mainstream awareness of AR apps, hit a peak of 45 million daily active users last July. Marketers’ lack of understanding of AI-driven marketing might be influencing the rate of its adoption. To wit, more than 40% of participants said they thought they had already adopted AI-driven marketing, reflecting a belief that their targeting capabilities and automation meant that AI was operating behind the scenes. In 2008, there were already more “things” connected to the Internet than people. By 2020, the amount of Internet-connected things will reach 50 billion, with $19 trillion in profits and cost savings coming from IoT over the next decade.

13. 13 HOW TECH INNOVATION + BUSINESS NEED

14. 14 TECHNICAL FLUENCY USER / BUSINESS NEED EXPERIMENTATION

17. 17 HYPE CYCLE FOR EMERGING TECHNOLOGIES (GARTNER, JULY 2017)

19. 19 TYPES OF EXPERIMENTATION VENDOR-DRIVEN EXPERIMENTATION TECHNOLOGY-DRIVEN EXPERIMENTATION BUSINESS-DRIVEN EXPERIMENTATION

20. 19 TYPES OF EXPERIMENTATION VENDOR-DRIVEN EXPERIMENTATION TECHNOLOGY-DRIVEN EXPERIMENTATION BUSINESS-DRIVEN EXPERIMENTATION

21. 20 THE EQUATION INNOVATION CHARTER SOLVE A REAL PROBLEM + = WHAT WE DO

22. 21 STEP ONE INNOVATION CHARTER

23. 22 INNOVATION CHARTER TECHNOLOGY INNOVATION EXPERIENCE INNOVATION PROCESS INNOVATION

24. 23 ORGANIZING THE WORK AGILE EXPERIMENTATION IDENTIFY GET SMART CO-CREATE VALIDATE COMPLETE SCALE ITERATE KILL WHAT OPP AREAS  DO WE PRIORITIZE? WHAT DO WE NEED TO KNOW IN ORDER TO BUILD/LAUNCH OUR EXPERIMENTS? CO-CREATE EXPERIMENTS TO TEST IN-MARKET PROVE/DISPROVE CORE HYPOTHESIS IN-MARKET

25. 24 ORGANIZING THE WORK AGILE EXPERIMENTATION 3 EXPERIMENT 3 1 EXPERIMENT 1 2 EXPERIMENT 2 IDENTIFY GET SMART CO-CREATE VALIDATE COMPLETE SCALE ITERATE KILL

29. 28 ORGANIZING THE WORK AGILE EXPERIMENTATION 3 EXPERIMENT 3 1 EXPERIMENT 1 2 EXPERIMENT 2 IDENTIFY GET SMART CO-CREATE VALIDATE COMPLETE SCALE ITERATE KILL 1.1 EXPERIMENT 1

32. 31 ORGANIZING THE WORK AGILE EXPERIMENTATION 3 EXPERIMENT 3 1 EXPERIMENT 1 2 EXPERIMENT 2 IDENTIFY GET SMART CO-CREATE VALIDATE COMPLETE SCALE ITERATE KILL 1.2 EXPERIMENT 1 1.1 EXPERIMENT 1 4 EXPERIMENT 4

33. 32 ORGANIZING THE WORK AGILE EXPERIMENTATION 3 EXPERIMENT 3 2 EXPERIMENT 2 IDENTIFY GET SMART CO-CREATE VALIDATE COMPLETE SCALE ITERATE KILL 1.2 EXPERIMENT 1 1.1 EXPERIMENT 1 4 EXPERIMENT 4 1 EXPERIMENT 1

34. 32 ORGANIZING THE WORK AGILE EXPERIMENTATION 3 EXPERIMENT 3 2 EXPERIMENT 2 IDENTIFY GET SMART CO-CREATE VALIDATE COMPLETE SCALE ITERATE KILL 1.2 EXPERIMENT 1 1.1 EXPERIMENT 1 4 EXPERIMENT 4 1 EXPERIMENT 1

35. 33 WHO YOU NEED A TEAM

36. 34 TEAM INNOVATION TEAM IT BUSINESS DEDICATED OR CROSS-FUNCTIONAL

37. 35 TEAM IT BUSINESS DEDICATED OR CROSS-FUNCTIONAL DECIDERRELATIONSHIPS MAKERS

38. 36 TEAM IT BUSINESS DEDICATED OR CROSS-FUNCTIONAL DECIDERRELATIONSHIPS MAKERS IDENTIFY VALIDATE SCALE

39. 37 VR / AR A PRACTICAL EXAMPLE

40. 38 VR / AR EXAMPLE HOSPITAL

41. 39 VR / AR EXAMPLE TOURTECHNOLOGY EXCITEMENT

42. 39 VR / AR EXAMPLE VR IN THE OR TOURTECHNOLOGY EXCITEMENT USER NEED EXPERIMENTATION

43. 40 VR / AR OPERATING THEATER For the first time in the history of medicine, on 14 April 2016 Shafi Ahmed cancer surgeon performed an operation using a virtual reality camera at the Royal London hospital. Everyone could participate in the operation in real time through the Medical Realities website and the VR in OR app. No matter whether a promising medical student from Cape Town, an interested journalist from Seattle or a worried relative, everyone could follow through two 360 degree cameras how the surgeon removed a cancerous tissue from the bowel of the patient.

44. THANK YOU

45. WE GROW BUSINESSES DREAM BIG. IMPLEMENT SMALL. INVENT NOW. BET THE GARDEN, NOT THE FARM. HELLO@GOKARTLABS.COM

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