Microsoft’s Future Decoded Event
Hi, it’s Mike here. I’m head of technology at W+K London.
Last week I spent two days with five and half thousand business leaders, evangelists and developers looking at what the future holds for business in all industries. It was a very thought provoking few days with excellent examples of amazing technology with clever implementations. The business day was targeted at business leaders looking at digital transformation for their companies. Even though it’s the current buzzword doesn’t decrease the importance digital transformation and disruption will have on all companies large and small.
Both days were incredibly interesting but a few things really stood out.
Attendance – Five and half thousand people looking to understand what will happen to their businesses in the coming years. That many business leaders and developers looking to learn what technologies will disrupt their business says a lot.
RAC – A one hundred and twenty year old company that fixes cars at the road side have one of the best digital transformation ideas I have ever seen, their telematics hardware. It’s a mobile enabled dongle that plugs into the ODB II port that helps drivers; drive safer, reduce fuel consumption, provide service notifications and report what is wrong when a car breaks down. They transformed the communication with their customers from two points (renewal and breakdown – both unpleasant experiences) to a multifaceted ecosystem designed to benefit their customers. I think that’s pretty average so here’s the kicker – people won’t be driving cars in the future, so a well established platform designed to remotely monitor self driving cars and diagnose faults just might have a huge market in the next five years. Now that’s clever, a hundred year old company fit and ready for the twenty first century.
Blockchain – An immutable, distributed ledger that is as yet, tamper proof. It’s a difficult technology to explain as there’s nothing to see but think of it like a book you can write in and never ever change. If you did try and change it, then the book won’t make sense. Also, anyone you want can contribute to the book and it’s not stored in one place but lots of places. It’s amazing and will completely transform our financial institutions and many other industries, the prototype that was discussed halves the number of agents in any share trade whilst maintaining trust and security.