harnessing the 'bang': from digital disruption to digital ...€¦ · deloitte provides...
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Harnessing the 'Bang': from Digital
Disruption to Digital Transformation
Stephen Huppert
© Deloitte Touche Tohmatsu
This presentation has been prepared for the Actuaries Institute 2015
Actuaries Summit.
The Institute Council wishes it to be understood that opinions put forward
herein are not necessarily those of the Institute and the Council is not
responsible for those opinions.
"Computers in the future may weigh no
more than 1.5 tons.“
Popular Mechanics (1949)
Everything in this 1991
RadioShack ad exists in a
single smartphone.
“I used to say that this is the most important graph in all the
technology business. I’m now of the opinion that this is the most important graph ever graphed.” Steve Jurvetson
Artificial Intelligence Genomics
Connected Home Sensing – Internet of Things
Crypto-Currencies
Robotics 3D Printing
Drones
Mobile Payments
Oculus Rift Wearables
Electric and Connected Cars
E X P O N E N T I A L T E C H N O L O G I E S
A M YR I A D O F D I SR U PT I V E I D EAS AR E N O W BEC O M I N G A R EAL I T Y
Artificial Intelligence
Meet NAO
A humanoid robot
offers basic service
information at the
Bank of Tokyo-
Mitsubishi UFJ's
a c t u a r y
The Internet of Things
Wearables and
insurance
Telematics
Connected
Home
The Sharing Economy
Peer to Peer Insurance
Big Data and Analytics
Applying big
data in
insurance
Social Media
What are actuaries saying on twitter?
https://twitter.com/stephenhuppert/lists/actuaries
https://twitter.com/stephenhuppert/lists/actuariesdownunder
"Investor concern over the threat of new technologies is overstated." Blockbuster analyst report, 1999
Disruptors tend to show these three essential characteristics that enable
them to scale quickly and grow at sometimes unbelievable speed
They have a digital platform to connect supply and demand
They leverage resources outside their organisation
They focus on quick learning by daily experimenting with new ideas
Disruptors being
disrupted
Uber, the world’s largest taxi
company, owns no vehicles
Facebook, the world’s most
popular media owner, creates
no content
Alibaba, the most valuable
retailer, has no inventory
Airbnb, the world’s largest
accommodation provider, owns
no real estate
The Battle Is For The Customer Interface
Tom Goodwin Senior Vice President of Strategy and Innovation at Havas Media.
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