Thank you Annalie and AMP for organizing an extraordinary event, truly remarkable and innovative!This is a conversation as much as it’s a presentation, please interrupt me anytime with questions
Strategy consultant and investor – benefit of seeing inside lots of companies big and small – some good, some not so goodIn Sydney in 1996 – NOT involved with AMP/CSC relationshipNRMA – towies/bikies, Liverpool, Comancheros1997 Melbourne Cup, Exchange, ‘you’re welcome, Might and Power
Although these kids are holding laptops, more and more schools globally are experimenting with tabletsWhat is the future of work at AMP when the next generation of workers are educated this way?My 18 year old daughter does not do email, only texting. My two year old daughter mastered the iPad touch screen within minutes and probably will never text
5th wave of IT innovation battle just startingHistorically , companies largely do not transition well from one wave to the next.Mobile Internet is upon us, no clear winner yet, too earlyStakes are very high indeed
The Valley mobile ecosystem did not exist three years agoIt’s flourishing nowSeeing a lot of other industry execs come through on study tours
Three years ago it was laughable Silicon Valley was the epicenter of the mobile internet, now it’s not disputedNokia, RIM, Microsoft, HP, etc all losing big at the expense of Google and AppleAndroid was perhaps one of the savviest acquisitions ever at $50MEric Schmidt on Apple’s Board
Apple has come a LONG WAY with user interface…Sold recently for USD $210K, invoice listed ‘Steven’ as salesperson
Not an Apple fanboy per se, but it’s an extraordinary growth story – Apple Friday is now worth more than Microsoft and Intel combinedApple playbook extremely difficult to copyApple will survive Steve Jobs departure – the codification of Steve Jobs
Cloud – old wine, new bottles – but very good wine nonetheless!Tymnet in 1964!Cloud is the future, mobile is the clicker
LONG tail of apps, because of low development costsDesktop internet driven first by enterprise, mobile internet first driven by consumersConsumer driven – but impacts corporate IT because users accustomed to fast/cheap/productive apps, and choice
Unpredictable nature of strategic shifts
We are moving from ‘purchasing products’ to ‘consuming services’Three very important platforms, all underpinned by huge ecosystemsMobile traffic going exponentially – Facebook, Twitter, FourSquare, etc.
Cisco predicts 35x mobile data growth in 5 years!Offload implications
Asia will have 100% mobile saturation by 2015
Mobile devices still dramatically changingSmartphones are not necessarily good phonesFor phones – calls, camera, email and web is ‘all that matters’
Smartphones and tablets grow and the expense of laptops/desktopsPrice erosion will drive continued adoptionApple will continue to play only the high end of the market (no such thing as an ‘iPadkiller’)
Video on mobile’s overrated, but on tablets idealOffload becomes major thrust for mobile operators
We will have an increasing number of connected devices20% of individuals represent 80% of mobile network usage
The killer app for tablets is ‘media consumption’JannWenner is in deep denial
Benefits of embedded mobile to businesses and consumers are nearly endless…Helping a vending company automatically track stocking levels of its machinesAllowing power companies to remotely collect data from across meter and power gridsAllowing efficient fleet management in transportation