EDHEC Paris, Digital Transformation, doing business in the digital mobile age

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DIGITAL TRANSFORMATIONDOING BUSINESS IN THE DIGITAL MOBILE AGE & FOURTH INDUSTRIAL REVOLUTION

@ReneRojasrene@hubbog.com

May 2016, Paris

Where we are

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@ReneRojas rene@HUbBOG.com 3

@ReneRojas rene@HUbBOG.com 4

The App Economy

The world is mobile

Strategic Foundations of Digital Business1. Reach and Richness

trade off2. Long-tail principle3. New supply chains4. Economy of things and

economy of information

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Number of people exchanging

InteractivityCustomizationUpdated

Reach & Richness Trade-off

Reach

Traditional Business models

New Business ModelsRic

hnes

s

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Reach & Richness Trade-off

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Reach & Richness Trade-off

The Long tail principle

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Buying Manufact Commercia DeliveryDesign

ManufacurersRow materials ManufacturersDistribution Distribution Retailer Customer

Service

IN THE COMPANY

IN THE INDUSTRY

INFORMATION

INFORMATION

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In the supply chain

New Supply Chain

ManufacturinfRow materials ManufacturDistribution Distibution Retailer Customer

Buying Manurfact Commerc DeliveryDesign Service

In the company

In the industry

cloud

cloud

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Economy of things and Economy of information

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Ecomomy of things Economy of information

- Marginal cost is close to Zero- Marginal cost is the cost of a copy

- Speed of light –Fiber Optic - Speed of logistics, transport systems

- Things come to the customer- Customer have to come for things

- Keep the possesion after sale- Transfer the posesion after sale- Less asymetries of information- Strong asymetries of information

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- Ubiquity- Spacely located

- 7/24- Openning and close, business hours

At the end of the day, Why a Customer buy a product?• Trust• To solve a

problem• To satisfy a

need– Food– House– Clothing– Information

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• To Save time• Reduce risks• Emotional

Feelings• Status• …..?

Where are we going?

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“nearly 97% of kids had used a mobile device by the time they were 4, with most of them starting using them before age 1” Market watch Nov 2015

What is the next Uber?

“The world of less Clicks ”

ISArrastre la imagen al marcador de posición o haga clic en el icono para agregar

LESS Arrastre la imagen al marcador de posición o haga clic en el icono para agregar

MORE

Internet of things

INTERNET OF THINGShttp://www.mckinsey.com/business-functions/business-technology/our-insights/the-internet-of-things-the-value-of-digitizing-the-physical-world

Where are we going

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THANK YOU

@ReneRojasrene@hubbog.com

May 2016, Paris

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