Post on 30-Jul-2020
Agenda for Today
Tom Johnstone
1. Relationships
2. The 4th Industrial Revolution
Relationships
Business relationships
Six key points:
1. Be prepared
2. Be professional – honest and genuine
3. Focus on key influencer — not only on position
4. Use your eyes and ears — not just your mouth
5. Keep your word — through actions
6. Give — don’t just ask
Treat others the way you wish to be treated yourself
Relationships are built on
Trust Value &
Trust
Value
The 4th Industrial Revolution
The various industrial revolutions
Second Mass production
Third Automation & robotics
Fourth Digital connectivity
First Steam engine
The next industrial revolution is starting
4 years
5 years
27 years
iPad
Market Trends 2015
New media services enable digital lifestyles and personalization
Security top of mind as efficiency & new services drive cloud deployment
Successful data monetization driven by innovative strategies
ICT unlocks value and changes rules of business across industries
Data consumption redefines need for app coverage and performance
Smart device growth
150
200 250
250
300
350
400
450
500
600
650
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Mobile PC and tablet subscriptions
Smartphone subscriptions
300 million mobile PCs, tablets and mobile router subscriptions
2.7 billion smartphone subscriptions
650 million mobile PCs, tablets and mobile router subscriptions
6.1 billion smartphone subscriptions
0.5 0.9
billion
1.3 billion
1.9 billion
2.7 billion
3.3 billion
4.0 billion
4.6 billion
5.1 billion
5.6 billion
6.1 billion
Source - Ericsson
The 4th Industrial Revolution
4 key elements of digital connectivity:
Digitize the value chain — integration and transparency
Smartify the product and service offering
Open up for new digital business models
Analysis of data in real-time is a core competence
Source - PWC
The Operator...
Efficiency in the factories — less stress
The Road Warrior...
Knowledge at their fingertips – more efficient & effective
The Customer...
ONE device for the work of many
The various industrial revolutions
Second Mass production
Third Automation & robotics
Fourth Digital connectivity
First Steam engine
Challenges with the 4th Industrial Revolution
Lack of standards
Lack of qualified employees – major skills gap
Concerns on cloud security, data and IP protection
High investment needs
Difficult to define business cases – Disrupts your own business
Source - PWC
Opportunities with the 4th Industrial Revolution
Increased efficiency and lower cost
Improved flexibility and better service
Improved quality and better traceability
Increased transparency across value chain
Faster product and service development
More attractive for youth of today
Increased sales
Source - PWC
The digital 4th Industrial Revolution is coming
GRASP the opportunity The train is leaving the station – are YOU on it?
Relationships are built on
Trust Value &
These qualities are even more important in the 4th Industrial Revolution
Thank you