#CES2015 Day 2 – Lots of zero’s and ones
Huge day, lots of walking, sat in on some great keynotes and saw some cool, weird and whacky stuff, but it all comes down to one consistent thing for me we are digitising EVERY aspect of our lives and everything on show here screams it and points to the obvious – we are on the cusp of the fourth industrial revolution.
The Day started with a great keynote from the CEO’s of Cisco, Bosch and Comcast debating and reflecting on the innovation in their businesses and each stating categorically that there business is nothing like it was a year ago, both internally and externally and nothing like it will be in a years time.
They have each taken a similar path embedding innovation and change within every fibre of their company, people and processes.
They have broken down all their vertical silos and replaced them with open cross functional horizontal models that have meant changing job descriptions, salaries, rewards, kpi’s and expectations across the entire business.
It was a great keynote and I’ll post a recording of it in its entirety soon.
From there it was onto a tour of Samsung with their Oz VP and a good look at their notion of Internet of Everything and the open architecture their hoping to build that will connect everything and everybody to Samsung.
It’s a noble cause but it sounds to me like their really positing themselves for a market fight with Google / Android and Apple, but watch this space because their will be a winner in the very near future.
The afternoon saw a switch of conference halls and the start of the exploration wearables exhibition.
It’s incredible how many vendors there are and the variety of products, applications and purposes on show. This is definitely the next big thing, but we’re still very much in the early days, there’s all sorts of issues to overcome including who owns the rights to the data collected, who can use it and to what purpose.
But the theme of digitising our lives was strongest there. This entire new industry requires us to do it and assumes we will.
They’re right I suspect in the short term, but we have yet to see a killer brand or purpose and even a compelling reason to keep wearing them past the initial honeymoon stage, but I’m guessing we’ll see that reason very soon and also a clear marketplace dominant brand that will become the default name for this new segment, just like FaceBook and Google are.
My day finished with another round of keynotes on the State of the Wearables Market, Wearables Devices for Aged Care before finishing off with a Future of Wearables keynote (if you’d like more specifics on any of these email morris@BusinessFuturist.com).
All in all a great second day that saw me walk 1:56 hours, 8.5 kilometres or 10,003 steps (guess who’s wearing his wearables) exploring the furthest reaches of today and maybe even tomorrow’s technology.
Stay tuned tomorrow for Day 3 fro #CES2015 Las Vegas.
Frequently Asked Questions
Q: What did the volume and variety of connected data products at CES 2015 signal about the data trajectory?
CES 2015’s data-generating product landscape signalled that the volume of data about human behaviour, physical environment, and physiological state was about to increase by orders of magnitude: every connected device at CES was generating data; the diversity of contexts in which sensing and connectivity were being embedded (homes, vehicles, clothing, health, retail) was creating data about dimensions of human life that had never previously been recorded; and the infrastructure for storing, processing, and extracting value from this data was developing at the same pace as the sensor technology generating it. The signal was not about any specific product but about the aggregate direction: the default state of human life was becoming one of continuous data generation, with or without conscious awareness.
Q: What are the power implications of the data concentration that the CES product landscape was signalling?
The data concentration implications were visible at CES 2015 for those who were looking for them: the data generated by the products on display was flowing predominantly to a small number of large platform companies (primarily American) that had the infrastructure, algorithms, and business models to extract value from it; the individuals and organisations generating the data had limited visibility into what was being collected, how it was being used, and who it was being shared with; and the regulatory frameworks governing data collection and use were substantially behind the data collection practices being commercially deployed. The power concentration in data has deepened substantially since 2015, and the governance challenges visible at CES that year are now among the most significant in technology policy.
Q: How should organisations have responded to the data explosion signals visible at CES 2015?
Organisations with strategic intelligence at CES 2015 should have: identified which data about their customers, operations, and competitors was becoming accessible and what the strategic implications were; assessed their own data collection and analysis capability relative to the trajectory of what would be possible within 3-5 years; understood the privacy and trust implications of the data practices being normalised — not just the legal compliance questions but the customer trust questions; and invested in the data governance frameworks that would become necessary as data collection became more pervasive and the regulatory environment caught up with the technology. The organisations that treated the data explosion as purely a technology opportunity without engaging with the governance dimensions were consistently behind when regulation and public concern arrived.
Q: How can I book Morris Misel for a data strategy, privacy and trust, or digital transformation keynote?
Contact the booking team at morrismisel.com/event-organisers.
Huge day, lots of walking, sat in on some great keynotes and saw some cool, weird and whacky stuff, but it all comes down to one consistent thing for me we are digitising EVERY aspect of our lives and everything on show here screams it and points to the obvious – we are on the [].
When signals like #CES2015 Day 2 Lots of zero’s and ones emerge, organisations that engage early have the advantage of choosing their response rather than reacting to events. That gap between those who prepared and those who did not is where competitive positioning is actually made or lost.
The most important question is not whether #CES2015 Day 2 Lots of zero’s and ones will matter, but how quickly it will matter in your specific context. Leaders benefit most from mapping the ripple effects early — not just the direct impact but the second and third-order consequences that arrive later and hit harder. That is the practical work of foresight.
