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The Realities of Innovation in
Heavy Industry:
How mega corps use, acquire, destroy and are destroyed by innovation.
Where we operate
Europe
South
America
Australasia
Africa
Asia
North
America
Aluminium
Copper
Diamonds & Minerals
Energy
Iron Ore
Key
Mines and mining projects
Smelters, refineries, power
facilities and processing
plants remote from mine
Scale is always relative to your point of view
Disruption is upon
heavy industry
 Cloud
 Mobile
 IoT
 Big Data Analytics
 Machine Learning
 Additive Manufacturing
 Regulatory changes
 Value-chain disruptions
Many of the same forces that
are disrupting other industries
are making their way into heavy
industry companies that
assumed they were immune.
Industry 4.0
Industrial architectures,
best practices,
capabilities and
standards
are changing rapidly.
Christoph Roser http://www.allaboutlean.com
Digital Twins & Short-Path Simulation
What will the future look like
if I change operational
parameters x, y and/or z?
http://blogs.dnvgl.com/software/2016/04/digital-twins-structural-engineering/
Old standards & architectures
We are currently in a
period of creative
destruction
https://www.researchgate.net/figure/257402460_fig2_Figure-3-Decomposition-of-the-automation-hierarchy-by-CPS-with-distributed-services-
34
Consumerization of O.T.
Consumerization of IT
 ”The cycle of information technology (IT)
emerging in the consumer market, then
spreading to business and government
largely because employees are using the
popular "consumer market" technologies
and devices at home” - Webopedia
IT – OT Convergence
 IT/OT convergence is the integration of IT
systems used for data-centric computing
with operational technology (OT) systems
used to monitor events, processes and
devices and make adjustments in industrial
operations. – WhatIs.com
Consumerization
Of O.T.
DAQRI Smart Helmet
How can startups engage
with Mega-Corp?
 For smaller organizations to engage with a
Mega-Corp, they must understand the
environment they are entering.
Innovation Portfolio Management
The CSE
model
Many large enterprises are
starting to think about structured
engagement with startups,
Tip #1: Time works
differently
 Large enterprise and especially heavy
industry runs at an entirely different pace
than it does for startups.
Tip #2: Don’t boil the ocean
Try to focus on an
actual business
problem
 Adapting your product or
service to solve immediate
problems within the business
gives you traction
Tip #3: Situational Awareness
Be aware of your
surroundings.
Know your friends &
enemies
Tip #4: Press releases
don’t always reflect
reality.
Tip #5: Know your
limitations
 Things don’t operate identically in radically
different environments.
Australia
Tip #6: Real clouds trump virtual clouds
Can your cloud
based solution deal
with these clouds?
Tip #7: Disasters can be opportunities
Tip #8: Understand
how you will be
evaluated
 Where you fit within the
organization’s vision and
objectives will determine how
you are evaluated.
Let’s review!
 Tip #1: Time works differently
 Tip #2: Don’t boil the ocean
 Tip #3: Situational Awareness
 Tip #4: Press releases don’t always reflect reality.
 Tip #5: Know your limitations
 Tip #6: Real clouds trump virtual clouds
 Tip #7: Disasters can be opportunities
Thanks!
 Innovation mental models & programs
 How evaluate and destroy small companies
 Working with Mega-Corp
 Typhoons, ebola, magnetic fields, underground wireless
Roadmap & Signposts
 Multi-pronged engagement
 Don’t boil the ocean / focus
 Demonstrate value quickly
 Understand your image
 Situational awareness / Allies & Enemies

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ResolveTO - Daniel Koffler: Keynote

  • 1. The Realities of Innovation in Heavy Industry: How mega corps use, acquire, destroy and are destroyed by innovation.
  • 2.
  • 3. Where we operate Europe South America Australasia Africa Asia North America Aluminium Copper Diamonds & Minerals Energy Iron Ore Key Mines and mining projects Smelters, refineries, power facilities and processing plants remote from mine
  • 4. Scale is always relative to your point of view
  • 5. Disruption is upon heavy industry  Cloud  Mobile  IoT  Big Data Analytics  Machine Learning  Additive Manufacturing  Regulatory changes  Value-chain disruptions Many of the same forces that are disrupting other industries are making their way into heavy industry companies that assumed they were immune.
  • 6. Industry 4.0 Industrial architectures, best practices, capabilities and standards are changing rapidly. Christoph Roser http://www.allaboutlean.com
  • 7. Digital Twins & Short-Path Simulation What will the future look like if I change operational parameters x, y and/or z? http://blogs.dnvgl.com/software/2016/04/digital-twins-structural-engineering/
  • 8. Old standards & architectures We are currently in a period of creative destruction https://www.researchgate.net/figure/257402460_fig2_Figure-3-Decomposition-of-the-automation-hierarchy-by-CPS-with-distributed-services- 34
  • 9. Consumerization of O.T. Consumerization of IT  ”The cycle of information technology (IT) emerging in the consumer market, then spreading to business and government largely because employees are using the popular "consumer market" technologies and devices at home” - Webopedia IT – OT Convergence  IT/OT convergence is the integration of IT systems used for data-centric computing with operational technology (OT) systems used to monitor events, processes and devices and make adjustments in industrial operations. – WhatIs.com Consumerization Of O.T.
  • 11. How can startups engage with Mega-Corp?  For smaller organizations to engage with a Mega-Corp, they must understand the environment they are entering.
  • 13. The CSE model Many large enterprises are starting to think about structured engagement with startups,
  • 14. Tip #1: Time works differently  Large enterprise and especially heavy industry runs at an entirely different pace than it does for startups.
  • 15. Tip #2: Don’t boil the ocean
  • 16. Try to focus on an actual business problem  Adapting your product or service to solve immediate problems within the business gives you traction
  • 17. Tip #3: Situational Awareness Be aware of your surroundings. Know your friends & enemies
  • 18. Tip #4: Press releases don’t always reflect reality.
  • 19. Tip #5: Know your limitations  Things don’t operate identically in radically different environments.
  • 21. Tip #6: Real clouds trump virtual clouds Can your cloud based solution deal with these clouds?
  • 22. Tip #7: Disasters can be opportunities
  • 23. Tip #8: Understand how you will be evaluated  Where you fit within the organization’s vision and objectives will determine how you are evaluated.
  • 24.
  • 25. Let’s review!  Tip #1: Time works differently  Tip #2: Don’t boil the ocean  Tip #3: Situational Awareness  Tip #4: Press releases don’t always reflect reality.  Tip #5: Know your limitations  Tip #6: Real clouds trump virtual clouds  Tip #7: Disasters can be opportunities
  • 27.  Innovation mental models & programs  How evaluate and destroy small companies  Working with Mega-Corp  Typhoons, ebola, magnetic fields, underground wireless
  • 28. Roadmap & Signposts  Multi-pronged engagement  Don’t boil the ocean / focus  Demonstrate value quickly  Understand your image  Situational awareness / Allies & Enemies