Digital Disruption - Engineers Australia · SUCCESSFUL DIGITAL DISRUPTION EXAMPLES •The largest...

DIGITAL DISRUPTIONDISRUPTIVE INFLUENCES, BUSTING MYTHS, OPPORTUNITIES

GAVIN STRACK

Curtin University

Navy Telecoms Mining Consulting Mining Start Up Consulting

1998 20182001 2004 2010 2012 2015

CPEng MBA EA ITEE CollegeBE

www.linkedin.com/in/gavinstrack/

@gavin_strack

CFSE

These views are my own and are not the views of any organisation I am

affiliated with.

DISRUPTIVE INFLUENCES, BUSTING MYTHS, OPPORTUNITIES 2

CONTEXT


BEFORE WE LOOK TO THE FUTURE …

… CONSIDER OUR PAST

• New York City circa 1900

• ~3.4m people

• ~100,000 horses

• ~1,200 t/day of manure

• 100,000 L/day urine

Edwin G. Burrows and Mike Wallace, Gotham: A History of New York City to 1898 [New York: Oxford University Press, 1999]

We’re going to

need a lot more

street sweepers!


WHAT’S HAPPENING


DISRUPTION IS ALREADY HAPPENING

It’s just not evenly distributed across different industries and regions

Complexity

1700’s 1900’s 1980’s 2000’s


DATA, DATA EVERYWHERE


We create 2.5 quintillion bytes of data per

day

90% of the data that exists in the world

has been created in the past 2 years alone

- IBM

DATA SCIENTISTS ARE OVERWHELMED BY THE COMPLEXITY AND QUANTITY OF DATA.

BUSINESS EXPERTS ARE UNDERWHELMED BY THE TANGIBLE OUTPUT OF THE DATA SCIENTISTS

- HARVARD BUSINESS REVIEW 2017


TOOLS – NOT SOLUTIONS …


TECHNOLOGY HYPE CYCLE

Innovation

Trigger

Peak of

Inflated

Expectations

Trough of

Disillusionment

Slope of

Enlightenment

Plateau of

Productivity

Gartner - https://www.gartner.com/en/research/methodologies/gartner-hype-cycle

12


Autonomous Vehicles

Augmented Reality

Brain Computer Interface

Quantum Computing

2014

T I D E



Machine LearningAutonomous Vehicles

Augmented Reality

Virtual Reality

Brain Computer InterfaceQuantum Computing

Smart Dust 2015

T I D E




Augmented Reality

Virtual Reality

Blockchain


Quantum Computing

Smart Dust 2016

T I D E




Augmented Reality

Virtual Reality

Blockchain


Quantum Computing

Smart Dust 2017

T I D E



Autonomous Vehicles

Augmented Reality

Blockchain


Quantum Computing

Smart Dust

2018

T I D E


JUST LAST WEEK


SUCCESSFUL EXAMPLES


SUCCESSFUL DIGITAL DISRUPTION EXAMPLES

• The largest taxi company (Uber) owns no taxis

• The largest accommodation provider (AirBnB) owns no real estate

• The largest communications companies (Skype, WhatsApp, Facebook

Messenger, Viber) own no infrastructure

• The world’s most valuable retailer (Alibaba) owns no inventory

• The most popular media platform (Facebook) creates no content


MY PERSONAL FAVOURITE …

Forbes.com – 26th Jan 2018DISRUPTIVE INFLUENCES, BUSTING MYTHS, OPPORTUNITIES 21

HOW DO WE ADD VALUE IN THIS DYNAMIC WORLD ?


ENGINEERING INFLUENCE ON THE HYPE CYCLE

Innovation

Trigger

Peak of

Inflated

Expectations

Trough of

Disillusionment

Slope of

Enlightenment

Plateau of

Productivity

Hype Driven

Science Driven

23DISRUPTIVE INFLUENCES, BUSTING MYTHS, OPPORTUNITIES

HYPOTHESIS

Too much “hype” and not enough engineering and business analysis, results in

technology purchasing decisions that are premature, or are poorly

implemented.

78 percent of nearly 4,000 CIOs worldwide say their digital strategy is

moderately effective or worse, suggesting such efforts remain in their infancy.

- 2018 KPMG Harvey Nash CIO survey


SECOND ORDER RESPONSE

Innovation

Trigger

Peak of

Inflated

Expectations

Trough of

Disillusionment

Slope of

Enlightenment

Plateau of

Productivity

Hype Driven

Data Driven


ENGINEERING INFLUENCE ON THE HYPE CYCLE

MIT, Dept. of Mechanical Engineering – 2.151 Advanced System Dynamics and Control

u 𝑡 = ሷ𝑦 + 2ℶ𝜔 ሶ𝑦 + 𝜔2𝑦

ℶ = Dampening Factor

Low ℶ = Speculative

High ℶ = Conservative

ℶ = 𝐸𝑛𝑔𝑖𝑛𝑒𝑒𝑟𝑖𝑛𝑔

𝐻𝑦𝑝𝑒?


DAMPENING IS NOT “NAY SAYING”

More akin to “Systems Engineering” and Risk Management.

A system is a construct or collection of different elements that

together produce results not obtainable by the elements alone.

What result is desired, and what is the most efficient means of

obtaining it?


THE BEST RESULTS COME IN PAIRS


+

Domain Expert Technology Expert

OPPORTUNITIES


IT’S NEVER BEEN EASIER TO …

LEARN

• Self-paced, Online Courses

• Micro-degrees / Short courses

• Conferences / Living Labs

• Meetups

• EA College Events

WORK

• Freelancers (hire one, or be one!)

• Contract (fixed term)

• Secondments

• Projects

• Side Hustle


ATTRACT AND RETAIN TALENT

Top 5 Reasons why Engineers quit their jobs:

1.The job is boring

2.The boss is a “tool”

3.The commute is a killer

4.The job offers no opportunities

5.There’s no work/life balance

October 2018 – interestingengineering.com


Questions

In your mobile browser type in:

www.slido.com

Code: #5538

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