Tag: Internet of Things

The world is advancing in its digital transformation process

  Being innovative and decisive, persistently driving the change, will be basic traits for any organization planning to stay competitive and live up to the expectations of our technologically thriving world. The 2019 DXC Global Digital Enterprise Survey, written by The Economist Intelligence Unit (EIU) and sponsored by DXC and Leading Edge Forum suggests that this will be “a year of decision-making and profound change”. This statement supports Diana Stefanova’s (Managing Director EMEA R&D VMware) views on digital transformation shared on the stage of Webit 2018: “Companies have to constantly innovate. If companies do not disrupt themselves, they will be disrupted by others.” Join Webit 2019 to hear more about current technological trends and how businesses cope with them

Surveying more than 600 executives on their strategies for digital transformation

EIU reveals that the majority of businesses (over 80%) plan to increase their 2019 investments in digital technology. As numbers suggest this is by far not a hazard as 70% of the respondents confirm that organization’s profitability has increased thanks to their digital strategy. Investments in cloud computing, mobile and applications are already considered entangled to modern business, so exploring emerging technologies such as artificial intelligence, machine learning, server less computing and others, could lead to greater agility and competitive advantage. On the matter, 75% of respondents state that a modern IT infrastructure positions their organization to produce stakeholder value. On the stage of Webit 2018 we also welcomed Mikael Conny Svensson - Vice-President Government Affairs & Public Policy, Mastercard Europe, who shared his vision for Europe in 2030-2050: “Innovation is absolutely necessary, not just to do business now, but to do it in the future too” Explore the report and find more interesting insights here By uniting data and analysis, an organization confidently adds value to its strategy and its further implementation, however, the adoption pace is still rather imperceptive. Only less than 30% of the organizations see their business units as “digitally enabled.” Thus, fundamental to a successful digital transformation is adequate cultural transformation. About 40% of respondents state that the process should be supported by significant initiatives related to organizational change, new recruitment and training programs, digital task forces activation, as well as strong understanding and commitment from core executives to keep and guide the “digi course”. As Igor Beuker, a professional speaker, serial entrepreneur and Angel Investor shared his thoughts on innovation at our 10th birthday: “Innovation is a culture, not a department!” Get the chance to hear about it,first hand experience at Webit.Festival Europe 2019, where attendance is 75% C-level. Evolving and moving forward to the digitization of the business has been proven to be a strategic benefit to any organization. So, if for any reason you still doubt the value of digitizing your company or industry, come to Sofia - the digital capital and get insights from the people implementing this transformation worldwide. Like what you read? Subscribe here and never miss Webit news and special promotions!

Hristo Hristov is the CEO of NetInfo and Official Representative and Chairman of IAB. He joined Webit.Festival Europe 2018 to share some insights on the future of Blockchain in digital media and advertising.

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The crypto market exploded over the last three years. A lot of industries started looking at blockchain as a technology, as to whether it can solve some of their biggest challenges.

Let's look at blockchain:

Blockchain as a technology is still at its infancy. We're still at the hype cycle and blockchain is sitting right next to autonomous vehicles which I don't see happening in the next two or three years and Event-triggered marketing. So as a technology, blockchain might grow into something big like the internet or even bigger, but it might also fade away into some narrow use cases.

How can Blockchain improve the Digital Media and advertising landscape?

There are some use cases which are rather obvious:  * Fraud detection and prevention  * User Identity  * Buying and selling inventory, etc

Centralization vs. Decentralization

Trust a third party or to use a decentralized approach?

Decentralization PROs

* Durability, reliability and longevity - Due to the decentralized networks, blockchain does not have a central point of failure and is better able to withstand malicious attacks. * Process integrity - Users can trust that transactions will be executed exactly as the protocol commands removing the need for a trusted third party. * High quality data - Blockchain data is complete, consistent, timely, accurate and widely available. * Transparency and immutability - Changes to public blockchain are publicly viewable by all parties creating transparency. All transactions are immutable, which means they cannot be altered or deleted.

Decentralization CONs

* Trusted 3rd parties - it's not Central vs Decentralized. The advertising ecosystem is based on trusted third parties. These 3rd parties are innovation drivers. * It's too slow - Digital advertising is real-time. RTB standard requires service response in 100ms.

There are several examples which already use blockchain in addressing some of digital advertising's biggest challenges.

adChain tries to create a token curated registry of publishers in order to verify and simplify the buying. And papyrus is a decentralized programmatic value management platform aimed to radically improve programmatic advertising stack. All of these solutions are in the making, they are not really ready but they are evolving pretty fast. Several years ago we were talking about mobile apps, then AI, now blockchain. The hype cycles of few years ago were longer and we used to have more time to adapt to them. But now they are becoming shorter and they’re starting to overlap. It wasn’t long long ago that we were talking about programmatic buying. Now it is programmatic buying on a decentralized exchange powered by blockchain.

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Missed the 2018 edition of Webit.Festival Europe? Don’t miss the 2019! Get your super early bird 2in1 tickets – 2 for the price of 1 here!

"The future is very important, because we will kind of spend the rest of our lives there. So we better make it really good. :)"

Martin Wezowski is the Chief Designer & Futurist at SAP. He joined Webit to put some perspective on “what is work and what is human in a superhuman future”.

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Martin, being a fan of the Beatles, started with playing a tune that resembles the style of the iconic band. But later he revealed that the song was created by AI that mimics the Beatles.

"It listens to everything that The Beatles have ever done and makes new songs. It does it so successfully that it has over 2M views on Youtube. That should really raise deep and profound questions."

The main question is WTF - What’s the future?

One example of that is the healthcare.

"It takes 7-10 years to make a doctor, which gives us a severe shortage of doctors."

With the soon-future-AI, medical help will be in infinite amount everywhere, all the time for everyone. That should also change our minds about what is human work. Nowadays AI can diagnose heart diseases or lung diseases more accurately than humans. Funny enough, humans and AI combined are almost 100% correct. In the 90s we decoded the human genome. It took billions of dollars. Now there is a DNA sequencer for 1000$. What does this mean for research? What does it mean for animal testing?

The NOW has never been so temporary as it is today.

Maybe we should start imagining the futures that we want and start creating them, rather than react to what we where we are today because thus we are too late. That might be a little scary because we see jobs disappearing. A hundred years ago almost everybody worked at farming, fishing, forestry. Now it's only about 2%. What did they do? What would they think if you'd tell them: "Most of you will not be in agriculture." What would hey imagine that they will do, accounting? Web development? We are in the same situation today. And it doesn't matter because we will imagine new jobs as they emerge. We can't plan for it. And the real question is this:

What to teach kids to become relevant in 30 years from now?

How can we adapt to the change? What new values do we need? The stability of planning is a little bit of fake. The opposite to stability is not instability, it's emergence. It's risk, it's rock'n'roll. To transform, to challenge and take risks. Innovation is sort of rock'n'roll in business and we need more of that.

One thing we rely on is the thinking of the 3 horizons.

1. Continuous innovation - Ready to consume: Traditional KPIs (key performance indicators) of predictable outcomes and repeatable results and scalable efficiency.
2. Adjacent innovation - Ready to Co-innovate: Forecasting your intelligence and resources to the near future, the next, the adjacent innovation where you co-innovate with your partners and/or customers.
3. Transformative Innovation - Ready to Inspire: Thinking away from what you can do today and the tools you have. Your vision and thought leadership leads to ideas that you must articulate very clearly so you can have a decent discussion on executive and board level about these ideas.

 

Help the world run better and improve people's lives.

These two things go to the two sides of the spectrum with 4 dimensions:

1. The self running company

For example: Counting logotypes in commercials for example is not a human work anymore. Machines do that now. And it changes the whole business model for the industry. Now they pay for what they get.

2. Self organizing Business Ecosystems

They are built on the philosophy that the current power is a like money - the more you hold, the more powerful you are. The more relevant you make yourself in the distribution of that power - the more powerful you will be.

3. Augmented humans

The Super Human - that we all carry inside. By removing the constraints of the human bias and knowledge we can be beyond that and be super human or human at last. That answers the question: What is the smartest app? Well that's the one that makes YOU smarter.

4. Purpose Led New Market & Business Models

Why are you relevant 10 years from now? It doesn't have to be to save the planet, you have dreams and focus and markets, you would like to create. Something that excites you to the moon. Articulate that very well - why are you relevant 10 years from now - because if you don't, you might not be.

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“Everything from the beginning is an open end and it's up yo us to actually sit down and actually use this methods and look across all the 3 horizons, articulate futures that are desirable where we can play a significant positive role. That's our purpose. And if we do that I actually think we can design futures that we all want to live in. And we should remember to have some fun as well. :)”

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Missed the 2018 edition of Webit.Festival Europe? Don’t miss the 2019! Get your super early bird 2in1 tickets – 2 for the price of 1 here!  

More global leaders join Webit.Festival Europe 2018!

With over 75% senior attendance among the 6000 people audience from 110 countries - the speakers can only be global leaders and shapers! Join Webit.Festival Europe to meet with them, including Mr. Liang Hua, the newly elected Chairman of Huawei - the world-leading telecommunications provider, just over $90 billion in global annual sales in 2017, Huawei is also the world’s third largest smartphone seller.

STILL NOT TOO LATE!

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Join the Festival and explore unparalleled business networking

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A warm welcome to Thibaut Gregoire, General Counsel, Europe, MasterCard, who joins along with his colleagues - both Vice-Presidents - Mikael Svensson and Louise Holden after the President of Mastercard Europe Javier Perez already joined Webit. Presenting you some of the newly announced speakers of the upcoming Europe's tech, digital economy and policy event for 2018 - Webit.Festival! The Blockchain world joins Webit to challenge the future of the decentralized economy! Webit.Festival is the place to involve policy makers, all major tech companies and the blockchain ecosystem to innovate through collaboration! With over 200 exhibitors and sponsors the 10th Webit.Festival is the largest ever European edition, double in size compared to last year. A warm welcome to Huawei, Red Bull, Google, Amatas, Cogni, Jelurida among the newly joined sponsors and exhibitors of Webit.Fetsival 2018.

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Interested in exhibiting / sponsoring? Contact us asap!

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See you on 26-27 June in Sofia! The Webit Team

Edna Conway currently serves as Cisco’s Chief Security Officer, Global Value Chain, creating clear strategies to deliver secure operating models for the digital economy. She has built new organizations delivering cyber security, compliance, risk management, sustainability and value chain transformation. She drives a comprehensive security architecture across Cisco’s third-party ecosystem.

Digitization is driving each of us across all industries to make dramatic changes to how we approach customers, products, services, and the always-on, real-time information rich marketplace. This digital economy is gender agnostic. And, it is highly dependent on a connected global ecosystem. The message is clear—no one person, enterprise, industry, government or region can stand alone any longer.

Here you can see a full list of the confirmed speakers at Webit.Festival Europe 2018, while here you can get all the information you need about the tickets for the event. Managing supply chain risk requires a comprehensive approach over the complete product or process life cycle, and Cisco is looking at the potential impact of new technologies such as blockchain and the “internet of things” as part of its solution.

“We define the value chain as the end-to-end life cycle for any solution. In order to build trust, you need to understand the risks you are taking, and those risks need to be measured in the language of business.” says Conway

Prior to Cisco, Conway was a partner in an international private legal practice and served as Assistant Attorney General for the State of New Hampshire.

My path to security was built on a foundation of protecting intellectual property; enhanced by a legal background and rich engineering and operational leadership roles afforded to me by Cisco. Each of these opportunities, including leaving a successful legal practice to join Cisco, required faith. Faith in my own ability to learn an entirely new discipline and trust that my colleagues would support me in that effort.

She is recognized domestically (US Presidential Commissions) and globally (NATO) as the developer of architectures delivering value chain security, sustainability and resiliency. Her insight is featured in a range of publications, analyst reports, and case studies, including Forbes, Fortune, Bloomberg, CIO Magazine and the Wall Street Journal. Conway is constantly using her expertise to leverage new tools in an ever-expanding digital arsenal. She has turned her attention to the security potential in blockchain. With the ability to track data through networks, blockchain becomes a highly effective digital ledger, or “passport for the data” according to her.

“A chain of custody of your data and your actions across the full spectrum of a life cycle adds a degree of integrity we’ve never had the ability to do easily before”

Recognition of her industry leadership includes membership in the Fortune Most Powerful Women community, and awards including: a Fed 100 Award, Stevie “Maverick of the Year Award,” a Connected World Magazine “Machine to Machine and IOT Trailblazer” Award, an SC Media Reboot Leadership Award, a New Hampshire Tech Professional of the Year 2018 Award, and CSO of the Year Award at RSA.

Only today (29 May) you can join Europe's tech and digital policy event for 2018 and have access to 10+ independent summits and 50+ meetups with 1 ticket at half price! Webit is welcoming this new era of data privacy by providing all our subscribers a special "DATA present” - 50% off from all tickets for Webit.Festival Europe 2018 only today - 29 May.

Register here and get your ticket

to join Prime Ministers, EU Commissioners and EU top policy makers, global innovators and enterprise executives, Ministers,  Mayors, investors, media and Europe's top 200 startups and scaleups - all at Webit.Festival Europe with a special discount of 50% on all tickets with code: GDPR 6000 global experts (67% senior attendance) join Webit from 110 countries.

Check who is speaking

Over 200 exhibitors and sponsors join Webit this year. A warm welcome to the group of new partners who join Webit including Microsoft, SAP, Samsung, Fox, Novartis, VISA, UBB, part of KBC Group, Superhosting . BG, VMware, FOX, Turner, Novartis, Bayer, Amgen, Generali to name a few. Special thanks to our General partner MasterCard and our strategic media partners Nova TV and NetInfo.

Happy to help.

Should you want to join as exhibitor and sponsor -  please contact us.  

With only one month till the 10th edition of Webit.Festival Europe 2018 (25-27 June '18) we are excited to share that we have added a new special lounge for your successful business networking at the Festival! As you know, we had to move to a new venue because Webit.Festival 2018 doubled in size.

With all the space we need now - we decided that it is time go wild!

All the 6000 attendees from global enterprises, through SMEs to scaleups/startups, academia leaders and policy makers come to Webit for 4 main reasons:- to see the future (check the speakers and Europe's top 200 startups) - to establish their place in the future (policy makers and business leaders discuss digital policy initiatives) - to connect with the right people (see who attends) - and to make successful business with them and expand their networks So we take business networking at Webit very seriously!

Thus today we present to you the new Webit Fountain Networking Lounge!

Yesterday we have commissioned a company to build a brand new Dancing Webit Fountain and a water mirror around which you shall have one more unique lounge for your successful networking. The magic is that after Webit this fountain shall be no more! A fountain built for only 3 days and only for your eyes! >GET YOUR WEBIT TICKET TODAY (prices go up this week)< The New Fountain Lounge adds to the number of other special lounges you may join and have your 1:1 or group business meetings while at Webit, including: - the AI Lounge - the Cybertech Lounge - the Cities 4.0 Lounge - the Blockchain Lounge - Innovate! Lounge - the Ladies Lounge - the Platinum Lounge Looking forward to welcome you @ Europe's tech, innovation and digital policy event for 2018!

Here you can see a full list of the confirmed speakers at Webit.Festival Europe 2018, while here you can get all the information you need about the tickets for the event. Removing the fiction from science-fiction, the UK-based inventor has thrown away the rule book with his suit powered by six small jet engines. Founder of human propulsion technology start-up, www.Gravity.co, Richard (The real-life Iron Man) has pioneered his innovative idea into a reality, taking flight in Spring 2017.

“The dream was to re-imagine an entirely new authentic form of human flight leaning on an elegant collaboration of mind and body augmented by leading edge technology. Gravity has to date been experienced by over a billion people globally with video views alone running at more than 60M within 7 days of launch.”

Richard's vision is to build Gravity into a world class aeronautical engineering business, challenge perceived boundaries in human aviation, and inspire a generation to dare ask ‘what if…’. https://www.youtube.com/watch?v=JinhIHIF8Eo

“The way you have to balance is pretty much the same stance Tony Stark has in the film,” Browning says.

Richard also broke the record for fastest speed in body-controlled jet suit – he reached 32.02 mph and made his mark in the pages of Guinness World Records. He hopes that in the future he will smash it again.

“As the engine starts pulling up, it starts to build you can sense the energy and the moment the ground leaves your feet and you’re actually in the air it’s a pleasure and joy.”

Browning says that this is just the beginning of this technology journey. The next big thing his company is planning is adding wings to the suit, that will allow the person wearing it, to fly further, faster and higher and also use a lot less fuel than now.  

Though the moderator of the panel was still sitting on his plane, being late for leading the discussion, the Advisor at 8VC Jon Soberg, the founder and co-CEO of H-Farm Maurizio Rosi & the Investment Director at iTech Capital Alexey Telnov managed to deliver their experience and insights in the discussion about Investments in FinTech at Webit.Festival 2017. Stay tuned with the latest innovations by booking a ticket to Webit.festival Europe 2018 Technology is changing everything, in all sectors, businesses and business models and has an impact on society in the daily lives of millions of people. Technology is effective once it’s combined with the next generation.

FinTech is data

Money is data too, they represent the value. As we’ve already entered a “data age”, there’s much more consciousness about the data. From online payments through digital wallets and asset management, this is a pretty vast area of settling a company and acquiring a market segment of. As for FinTech where the area has been controlled by the big banks and large organizations until recently, now we see more and more startups creating new products and truly having an impact. Even though it’s getting more crowded in the last few years, this market still provides probably the biggest opportunity that’s out there in terms of a market.

One of the advantages of investing in FinTech is that one always knows where the money come from

By default, FinTech companies are dealing with money so that makes an investor’s job easier in order to track the flows. This area is fairly straightforward when it comes to a particular business model and the way the business works. The market for financial services is more than enough large so nobody has to ask questions about the size of the market or how companies in the sector will make money. The question is whether they can execute and succeed. The buzz in FInTech naturally raises the question of security: security solutions and their integration in FinTech products and services. Companies are putting more and more information on the cloud so security is a sensitive issue in all areas and needs to be paid proper attention to. Companies operating in this domain need to deal with regulations, licences and still find a way to keep their customers data secure.