Technology Tipping Point #1
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TIPPING TECHNOLOGY POINT the disruptive technologies September 11th 7.30-8.45am GPT Level 51 MLC Centre, 19 Martin Place, Sydney TIPPING TECHNOLOGY POINT the #1
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This presentation was given at the Technology Tipping Point event held in Sydney on September 11, 2013. The Tipping Point Series is aimed at educating the market on new innovations and technologies that are emerging in the Property Industry. In this presentation, Bruce Duyshart, highlights the topics of innovation and disruptive technology and highlights four key global technology trends that are affecting the property industry namely: Ubiquitous bandwidth Software as a disruptor The Internet of Things The Fabrication of Things For further info. See http://www.meldstrategies.com
Transcript of Technology Tipping Point #1
TIPPING TECHNOLOGY
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disruptive technologies September 11th 7.30-8.45am
GPT Level 51 MLC Centre, 19 Martin Place, Sydney
TIPPING TECHNOLOGY POINT
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innovation technology Welcome! Innovation Technology!Bruce Duyshart, CEO Meld Strategies Big Data: Time for Buildings to Measure up?!Deb Noller, CEO Switch Automation From MORE to GREEN to ECOLOGICAL!Simon Wild, CEO Cundall Australia !Thankyou!
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innovation technology !/ why a tipping point?!!/ what are innovations and disruptive technologies?!!/ how do you understand the technology landscape?!!/ 4 key global technology trends affecting the property industry.!
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Big Difference
Small Actions
The Tipping Point: when a series of small actions can lead to a big difference
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Connectors – who act as conduits Mavens – who help others Salesmen – who persuade others
Tipping Point
The Law of the few
The Stickiness
Factor
The Power of Context
The Tipping Point: 3 Key Ingredients leading to exponential popularity
What sticks in the minds of the public and influences future behaviors
A series of small but influential changes that
makes the environment right
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Information Technology Environmental Sustainability
Network connectivity Materials science
Fabrication Manufacturing
We are sitting at a confluence of ideas and technological capability
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Look what can happen in only 8 years
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An innovation is a new type of idea, method or product developed to meet a market need. There are 2 types of innovations Sustaining – An innovation that does not affect an existing market.
Clayton M. Christianson Disruptive Technologies: Catching the Wave
Disruptive – An innovation that creates a new market
What are innovations and disruptive technologies?
the elevator the thermostat
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innovators early adopters early majority late majority laggards
critical mass
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Most people like to think they are innovative. Bet here’s the reality…
Everett Rogers – Diffusion of Innovations c. 1962
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One of the key industry problems is the environment we try to innovate in
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Peak of inflated expectations
Technology Trigger Trough of Disillusionment
Slope of enlightenment
Plateau of Productivity
time
visib
ility
Understanding the evolution of new technologies: The Gartner Hype Cycle
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The 2013 emerging technologies Gartner Hype Cycle
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the timing needs to be right
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Trying to stay up to date in the technology landscape can feel like this at times
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4 key global technology trends that will affect the property industry
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ubiquitous bandwidth
#1!!!
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We are entering the zetabyte era
By 2017 there will be 3.6 billion Internet users By 2017 the number of network connections will be nearly 19B (2.5 connections for each person on earth) By 2017 global Internet traffic will reach 1.4 Zettabytes annually Zettabyte (1 000 000 000 000 000 000 000 Bytes) Equivalent to 1.4 trillion gigabytes or 41 million DVD’s per hour Equivalent to all the movies ever made every 3 minutes
Source: Cisco 2013-2017 Visual Networking Index
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We will eventually have scalable networks that are ready for this future
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Eventually the concept of ‘network’ will disappear when we connect without thinking
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software as a disruptor
#2!!!
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Travel agents Travel guides Bookstores Video stores Music Distribution
Software has been the largest industry disruptor of the 21st century
Recruitment Agencies Video Conferencing Gaming Cab Bookings Movie Production
Software is eating the world – Marc Andreesson
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What have been the drivers of this change?
Open source software Open industry standards Application to application interfaces Better user experience and usability design Cloud computing Availability of bandwidth Data sensing Mobile devices
Software is king. Hardware is becoming a commodity.
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Data Capture Big Data Long Data Analytics Predicative Analysis Data Visualisation
Software will disrupt the property industry
Data Transparency Energy Monitoring BIM Social Media
"Cloud 360“ observátory - Kyungam Architects Associates
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the internet of things
#3!!!
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Everything can connect to a network cheap network chips, WiFi, Zigbee, Bluetooth, RFID etc. Things will sense their environment light, temperature, movement, moisture, volume, salinity, gyro etc. Components quickly become commoditised standardised and cheaper by the day Things begin to think Embedded chips, network and sensors ….then things begin to talk to other things
The Internet of Things: Machine to machine technology
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By 2020 an estimated 30 billion devices will form an Internet of things
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So what will the internet of things look like?
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addressable, accessible, programmable
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If this then that
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fabrication of things
#4!!!
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Contour Crafting
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38 D-Shape
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Foster & Partners and D-Shape create 1.5 tonne mockup for Euro Space Agency
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Feeling overwhelmed? Ask these Ethiopian kids about technology
See “Ethiopian kids hack OLPC’s in 5 months with zero instruction.”
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Did you just see an elephant?
A final thought: How will the property industry be disrupted by technology?
