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Productivity and the new consumer. Greg Stone Chief Technology Officer, Microsoft Australia. #1. Our sad story. Our productivity decline. %. 2. 1. 0. Context. -1. Masked by positive resources sector, and…. …skills reduction via attrition. “productivity” is a proxy. #2.
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Productivity and the new consumer Greg Stone Chief Technology Officer, Microsoft Australia
#1 Our sad story
Our productivity decline % 2 1 0 Context -1
“productivity” is a proxy
#2 A changing world
Factors of production + = Food land labour = + + Goods energy capital labour = Experience + + Design technology knowledge
Frugal innovation The $12 GongkaiPhone Tata car – c.USD $2,000 Renukainfocom $20 Tax return
Take-outs: Cost, value erosion for goods/services “Experiences” trump goods/service Consumers are driving vs following
#3 Changing lives
It’s All About Me! Extreme personalization, what is relevant to ME, right where I am now, and what I am doing right this minute. Here are some examples: Source: Bill Gross Idealab / UberMedia
Dynamic Advertising: Combination of intent, proximity, timing, and customization is too powerful to resist. Mobile coupons perform 10x over paper. Source: Bill Gross Idealab / UberMedia
Driving 5 miles to a store takes 2.5 MILLION times as much energy as walking 50 meters to a store! “Nudging” people costs orders of magnitudes less than relocating people. Proximity = Probability Source: Bill Gross Idealab / UberMedia
Conquesting: Winning customers when they’ve already shifted themselves to a particular mindset is one of the biggest mobile opportunities. Source: Bill Gross Idealab / UberMedia
Domino’s: You’ve just shared that you’re craving Pizza — we can show you an offer showing real-time distance & compass Source: Bill Gross Idealab / UberMedia
Gartner: A nexus of Forces Human behaviour/Tech enablement
Four megatrends Info Mobility Social Cloud
#4 You need a platform
production consumption
Server/ virtualisation