by Annabelle Gawer, Associate Professor in Strategy and Innovation at Imperial College London
This piece was originally published in The Conversation.
Amazon, the e-commerce internet giant, is launching its first smartphone. Media attention is focusing on whether the phone’s features, such as its rumoured 3D interface, are really as cool as portrayed in its trailer video which aims to wow early users. But by entering into the fray of an already hyper-competitive mobile phone industry, Amazon is doing a lot more than adding another gee-whizz feature to a smartphone.
This launch tells us a great deal about CEO Jeff Bezos’ strategy for his company – and what it might mean for the future of competition and innovation in our increasingly digital world.
The Digital Tipping Point: engaging customers through social media
Sean Mahdi, Director, Pricewaterhouse Coopers
18.30-19.30 17 May 2012, Imperial College Business School
Blog by Tao Feng
Sean Mahdi’s speech identified fundamental c hanges of the banking industry in the past decades. Building revenue heavily on financial leverage is no longer suitable due to increased regulatory intervention and industrial competition. A new business model is required to fully utilise digital technology to seize the opportunities among the customers, especially for those who have broadly interacted with the Internet.
In order to have a better understanding of this challe nge, research has been conducted by PwC with almost 3000 banking customers across the major markets.
Ovum-DCE Smart Cities Europe 2012
The Lancaster, London 19-20 June 2012
You can find the Chirpstory for the event here.
In many ways the event revealed the broader problems with discussions around smart cities. There is the aspirational vision – cleaner, less-congested, less polluted and more prosperous cities – contrasted with the complex reality of current “smart” ICT projects, often mired in difficulties around business models, administrative jurisdiction, privacy and security issues and any number of other complex multi-stakeholder problems that crop-up when you try and integrate the physical and digital worlds; problems which go far beyond the scope of a simple technological fix.
Tuesday 6th March, Imperial College Business School
By Antoine Vernet
Anthony Finkelstein, dean of the Faculty of Engineering Sciences at UCL and a professor of Computer Science was at Imperial College Business School on March 6, to give a talk entitled “Engineering Challenges of the Digital Economy”. His talk addressed discrepancies between technical issues of software development and the necessity to address consumer demand and to build sustainable business models for software companies.
The discipline of software engineering needs to rise to the challenges presented by the digital economy. In his talk, Anthony Finkelstein addressed 10 challenges facing software engineering in the digital economy.
Wednesday 8th March, Imperial College Business School
By Richard Foulsham
Lem Lasher, as Group President of Global Business Solutions and Chief Innovation Officer of CSC is in a unique position to assess the influences upon and potential future direction of the digital economy, having both the analytical capabilities of a leading edge consultancy and a business that’s involved in the day to deployment of IT around the world within his remit.
During this lecture he shared with us some of the “points of view” that his organisation has developed around “next practice”, likely developments that clever players in the IT market can use to gain an advantage, and identified some of the areas that he thinks will grow and become important as the digital revolution gets underway.
29th November – 2nd December 2011, Barcelona, Spain
by Francesca Bria
The first Smart City Expo hosted more than 50 cities around the world, 118 businesses, over 6000 participants and 2000 panellists. The Expo announced the creation of a global Network of Smart Cities coordinated by the City of Barcelona, encompassing cities and businesses around the world. The objective is to promote policy actions and activities in this new field, by creating global common standards and criteria for the effective implementation of smart cities at a global level. The Expo was a meeting point for professionals active in the field of digital future cities, including heads of public administrations, practitioners and academics.
Driving New Business Development: From Insights to Innovation
18:30-19:30, 22nd November 2011, Imperial College Business School
Blog by Richard Foulsham
The world has changed. A company like Ericsson cannot rely on developing its current technology to generate income in the future. That was the message that Magnus Karlsson, Director, New Business Development & Innovation at Ericsson left us with when he came to deliver a distinguished guest lecture at Imperial College Business School. We are moving towards a networked society. It is becoming cheaper and cheaper to connect ‘things’ to the internet and along with this diversity of things come a far wider number of participants and a consequent breakdown of traditional industry boundaries.