Tag: digital transformation
How to design the future we want to live in
“The changes in our lives are happening faster and faster and are becoming a flow and a platform for you to utilize as you want. But it is also a platform of fear. Everything we change and everything we see as something that we do not recognize is something we think is dangerous”, he said.This is why the designer thinks that we must have a greater conversation about the processes that are happening today and the best ways of managing them. According to him the problem often is that people are not thinking about the future in a coherent ecosystemic way. [caption id="attachment_4963" align="aligncenter" width="640"]

“Change is our innovation pipeline. Change, if you study it deeply, is you design brief. And it comes in systems. Once you have electric cars, to change the game globally you need an infrastructure. You need to articulate it and make a picture. It helps, because people already want it when they see it”, he said.The expert is sure that we need a culture and conversation beyond the economy, society, ethics and politics that we have today. He thinks that there is a growing need to understand the needs of people, even if they still don’t understand them. He gave an example with SAP, that is regarded as one of the most emphatic companies in the world, together with Netflix, Microsoft, Google and Facebook. Empathy is a very good tool to design the things that people actually need in their lives. It is a good tool for innovation. Good design is good business. High empathy and high performance go together, increasing value and market capitalization. This is what empathy gives you the ability to understand human beings and your customers.

“Tim Brown from Ideo said that design is too important to be left only to designers. This is very very true because design and innovation is the same thing. The future is too important to be left to any of us. This is where need to get in one room and start this conversation. We have seen the exponential speed of change and we are able to do this. We have these conversations, but we need to spread them across the globe. And I think that if we can do it really really right we can build a future we want to live in. I was thinking we could start today”, he said.Soon you will be able to see Martin Wezowski’s full presentation on our YouTube channel. If you want to keep up with the latest trend in the world of digital economy and technology, then Webit.Festival is the right place for you. Visit our website and book 2 of our Super Earlybird tickets for Webit.Festival Europe 2018 for just €100. Feel the Webit vibe with some of the best photos from this year’s event! [easingslider id="4954"]
To innovate you have to be willing to experiment and fail
“Somewhere in the past century we have gone from the lone innovator all the way to 5000 working on a particular innovation”, Misener said.According to him one of the reasons for Amazon’s success is the ability to foster innovation with “Two-pizza teams”. The concept is that any new innovation or problem that needs to be solved should be solved using a group of individuals that can be fed comfortably with two large pizzas. It means that there is a number of people between 4 and 12 who can effectively work together as an innovation team. With larger teams it turns out that there are difficulties with communication between team members. With smaller it turns out that you are not getting enough talent in the mix. The idea here is clear, you want enough individuals to make a difference but at the same time you don’t want too many, because the communication between them becomes impossible. Paul Misener said that within the context of innovation Amazon uses the Working backwards doctrine. When the company has a plan to have a new product or service, the team sets time to see it on the market and starts looking backwards to the present day to figure out what it needs to do to get to that point. The second guiding principle is the ability to Engage in long-term thinking. This process ignores the short-term hurdles, but it also speaks to a willingness to be misunderstood by others who may not share the long-term vision. As examples for that Mr. Misener showed the audience several Amazon project that have failed the expectations and were shut down. But there are more than one successful initiative, like the idea to let third-party sellers to market their products on the company’s website and introducing customer reviews to the products.
“When we first introduced this our investors and partners said that this is crazy, because we are trying to sell things and in the same time we are allowing customers to come to our territory and criticize the things we are selling. We have lost a lot of short-term sales because of this, but we have built a long-term trust in our company”, he said.The third leading principle in Amazon is the Passion for invention and the notion of experimenting and being willing to fail in the process. The ability to take risks is a crucial part of innovation, because if you know what the outcome of your experiment is going to be, than it is not experimenting. An actual experiment has to be able to fail. And to innovate and introduce new things to the customers, you have to be willing to try them out. Soon you will be able to see Paul Misener’s full presentation on our YouTube channel. If you want to keep up with the latest trend in the world of digital economy and technology, then Webit.Festival is the right place for you. Visit our website and book 2 of our Super Earlybird tickets for Webit.Festival Europe 2018 for just €100.
Are we approaching the Post-App era?
See the Digital Transformation explained on Webit’s stage
To evolve, the business must pass through digital transformation
AI revolution is coming. How to change to keep our jobs
Signs for what is coming are all over the news and even the notorious astrophysicist Stephen Hawking predicted that the increasing automation is going to decimate middle class jobs and worsen the already big inequality and political instability worldwide.
This process has already destroyed some jobs in traditional manufacturing and the development of AI is going to extend this trend to the service sector, when only management and supervisory roles remain safe, at least for now. Of course, the US administration report notes that the new technology will open new career opportunities for those with higher-level skills. But even they will need government-supported re-training programs to help mitigate the negative impact of automation by preparing displaced workers for their new jobs. Last week Japanese insurance company Fukoku Mutual Life Insurance laid off more than 30 employees and replaced them with artificial intelligence system that calculates payouts to policyholders. The firm management believes that this will boost its productivity by about 30% and will return the investment in less that two years. The annual cost savings will amount to about £1m and the cost of the system installation is £1.4m. It is based on the IBM’s Watson Explorer. Late last year the world’s largest hedge fund Bridgewater Associates announced that it is building software that will automate the daily management of the company and will deal with the hiring and firing of employees and other strategic decisions. The company’s founder Ray Dalio assigned to his software engineers the task to ensure that the firm is managed according to his vision when he is not at work. They have built a tool that incorporate different rating into personal profiles of employees that show their strengths and weaknesses. Another app set goals for them and monitor their implementation. Although there is no unanimous opinion about the exact impact of AI on the labour market and the industry in the coming years we can certainly say that it will be more than great. To understand more about the application of artificial intelligence techniques in products and business you can listen to the leader of IBM Watson Partner Innovations Europe Christoph Auer-Welsbach. He is one of the confirmed speakers in the Tech Summit of Webit.Festival 2017 in Sofia. The expert will also talk about the best practices of high-growth startups on going from tested ide to scalable company. The main topics of his lecture will focus on Machine Intelligence, Cognitive Computing, FinTech, IoT and Smart City. During the Tech Summit you can learn the latest trends in Digital Transformation, IoE, BigData & Cloud, Security & Privacy, FinTech, Money & Payments. So, don’t waste time, these are all the important links you need: To buy your tickets for Webit.Festival Europe 2017 (EarlyBird expires soon), click here. To apply for speaking, click here. To apply for partnership, click here. To apply for exhibiting, click here. StartUP? Apply for the Founders Games Challenge by Webit.Foundation and get an opportunity for free festival tickets (500), free exhibition table (100) and opportunity to win 200 000 EUR (only 1), click here. To see the video gallery from Webit.Festival 2016, click here. To learn more about the events that are part of the festival, click here. To see pictures from our previous events, click here. For more information on the Global Webit Series and our events in Dubai, Singapore, New Delhi and Istanbul: www.Webit.Org.Webit.Foundation presents the first three speakers in the Tech Summit of...
One of the main pillars of Webit.Festival, the Tech Summit and its Digital Transformation track, are once again bringing together the top CIOs, CTOs and other executives from the enterprise along with the hottest founders of startups, innovators and government key figures. During the 25th and the 26th of April, Webit.Festival 2017 is the place to be in Europe if you want to hear about the latest innovations in the world, the many ways you can digitally transform your business to remain competitive or just to learn more from the leading execs of Fortune Top 500 companies.
We have 3 new top-flight speakers in our lineup for the Tech Summit! They include a real flying man and innovator, the founder of an unicorn company, who recently sold his business for over 1 billion dollars and serial investor with huge experience, so read our guide to taking part or find out more about our latest speaker additions below.
- Jonas Jacobi, Vice President, Cloud and Mobile Technology Strategy IBM.

- David Mayman, CEO, JetPack Aviation.

- Gareth Williams, CEO and Co-Founder, Skyscanner.
