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1 | Copyright © 2014 Tata Consultancy Services Limited
Exploring the next waves of business innovation & opportunities
Johan Löfmark; Tata Consultancy Services Presentation CIO Trend Event 2015; Stockholm, Sweden
Nästa våg av affärsinnovation och nya möjligheter
#CIOTREND2015
2
Our journey today
3 minutes on Johan & Tata (Consultancy
Services)
Exploring next waves
Currently in the epicenter of disruption
Digital transformation
is not about technology
3
Tata Consultancy Services (TCS) is a core part of the TATA group
Founded 147 years ago (in 1868)
Uncompromising Value System “In a free enterprise, the community is not just another stakeholder in the
business, but is in fact the very purpose of its existence”.
66% of company ownership by Tata family Philanthropic Trusts
100 operating companies in 7 business sectors
Operations in over 80 countries
~4.3% of India’s GDP
Recommended: BBC “The men of steel with a softer side”. February 2014 http://www.bbc.com/news/magazine-31057308
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Full service provider of IT Services, Consulting and Business Solutions
This early sketch shows how DARPA could connect project teams in different locations. Later called ARPANET and carried its first packets in 1969 as the first early internet network. [http://en.wikipedia.org/wiki/History_of_the_Internet]
Our journey started in 1968; one year before the internet
98.6 % of revenues from repeat customers
8000+ Consultants serving our Nordic customers (of which 1700 located in Nordics and 600+ local employees)
30% Annual growth over the last five years
300,000+ Employees
25+ Years in the Nordics
5 Offices in all the Nordic Capitals
5
Most satisfied customers on the marketplace for 5 years in a row
This early sketch shows how DARPA could connect project teams in different locations. Later called ARPANET and carried its first packets in 1969 as the first early internet network. [http://en.wikipedia.org/wiki/History_of_the_Internet]
Our journey started in 1968; one year before the internet
6
Click to edit Master title style We are currently in the epicenter of the digital transformation
7 | Copyright © 2014 Tata Consultancy Services Limited
Constant push for everything analog to go digital
Space for innovation & disruption
8 | Copyright © 2014 Tata Consultancy Services Limited
Key Challenge is often gap between fast moving business environment and capability for internal technology adaption
GAP
Enterprise Technology Adaption
Today’s Business Environment
9 | Copyright © 2014 Tata Consultancy Services Limited
Digital transformation is targeting this opportunity
Incremental Business Change
Progression of Technology
Digital Business Transformation
t.
10 | Copyright © 2014 Tata Consultancy Services Limited
Embarking on an exciting digital transformation journey
Incremental Business Change
Progression of Technology
Digital Business Transformation
Enterprise 2.0
Crowdsourcing
Sharing economy
Industrial Internet, Internet of Things, Machine2Machine
Telematics & Self Driving Cars
Automation of knowledge work
3D printers (&scanners)
Smart/Connected Home
Wearables
Cryptocurrencies
Artificial Intelligence
Robotics & Drones
Pervasive Analytics SOCIAL
BIGDATA & ANALYTICS
MOBILITY
CLOUD
API’s
Co-Creation
Platform Thinking
t.
Video Analysis
11 | Copyright © 2014 Tata Consultancy Services Limited
Emerging examples of industry disruptions leveraging digital
Incremental Business Change
Progression of Technology
Digital Business Transformation
n.
t.
12 | Copyright © 2014 Tata Consultancy Services Limited
Digital most often disruptive to existing business; the great firms fail first
Incremental Business Change
Progression of Technology
Digital Business Transformation
“DestroyYourBusiness.com” Jack Welsh
“The biggest curse for any business are twenty years of success”
Peter Drucker
”Over 40% if the companies that were in the top of the Fortune 500 in 2000 were no longer there in 2010”
Brian Solis
t. Successful companies often put too much emphasis on
customers' current needs, and fail to adopt new technology or business models that will meet their
customers unstated or future needs
Clayton M. Christensen
13 | Copyright © 2014 Tata Consultancy Services Limited
Innovation most often happens at the edges
Jaguar & LandRover
Tata Nano Tata Indica Electric Car
Scuderia Ferrari Formula1
Progression of Technology
t.
Incremental Business Change
Driving technology frontiers forward
Disruptive innovations changing the game
14 | Copyright © 2014 Tata Consultancy Services Limited
”Be the change you want to see in the world”
19 R&D Labs
Airline industry lab Chennai, India
5 digital forces Santa Clara, US
Forbes; World’s most innovative IT services company
Co-Innovation Network (COIN)
Academia
Strategic Alliances
Venture capital Firms
Government Agencies
n.
Startups
Sea-level rise simulation 2-meter model 90-meter model
Flood estimations for Danish insurance company
15 | Copyright © 2014 Tata Consultancy Services Limited
Massive amount of exciting opportunities being explored
Paperless Cockpit
Workplace Productivity
Airport Navigation Service (using beacons)
Peer to Peer mobile payments
Employee Mobility
Real time engine monitoring
TCS CASE EXAMPLES
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Click to edit Master title style Exploring the next waves of business innovation & opportunities
Industrial Internet of
Things
Insight Driven
Enterprises Channel Transformati
ons
17 | Copyright © 2014 Tata Consultancy Services Limited
Highest on todays agenda is probably Channel transformations – however there are gaps in our approach
Omnichannel Dogma Customer Journeys Dogma
Read more in our latest Consulting Journal #6 Availible from our booth outside
18 | Copyright © 2014 Tata Consultancy Services Limited
Exploring the next waves of business innovation & opportunities
Social
External information
Partners
Information within the enterprise
Tacit information
Unstructured information
Structured information
Industrial Internet of Things
Information in business ecosystem
19 | Copyright © 2014 Tata Consultancy Services Limited
Exploring the next waves of business innovation & opportunities
Printer analytics
Prediciting elections
Why do people send flowers?
External information
TCS CASE EXAMPLES
Social Information within
the enterprise
Information in business ecosystem
Partners
Tacit information
Unstructured information
Structured information
Industrial Internet of Things
20 | Copyright © 2014 Tata Consultancy Services Limited
Bottleneck is not technology...rather: 1) Our imagination 2) Analytics competence to make sense of the data
Image source: www.alibaba.com/product-detail/Goodcost-gantry-crane-design-gantry-crane_523880776.html
TCS CASE EXAMPLES
21 | Copyright © 2014 Tata Consultancy Services Limited
Digital transformation is not about technology
Accelerated Technology Change Disruptive Business Ideas and
Business Models
Change in Peoples habits and behavior
Digital Transformation
22 | Copyright © 2014 Tata Consultancy Services Limited
Some great weekend reads
MOBILITY CLOUD BIG DATA SOCIAL
Workplace of the Future info.tcs.com/TCSEUYouth.html
The Road to Reimagination sites.tcs.com/stateofdigital
www.tcs.com/bigdatastudy www.tcs.com/cloudstudy
www.tcs.com/digitalstudy www.tcs.com/socbizstudy
The Responsive Enterprise TCS Consulting Journal; #6 http://on.tcs.com/PerspectivesVol6
Available from our booth outside
Thank You
IT Services Business Solutions Consulting
Join the Conversation @TCS_News Facebook.com/TataConsultancyServices Linkedin.com/company/Tata-Consultancy-Services Youtube.com/user/TCSGlobal