ACS – HOCHTIEF - CIMICDigital TransformationDavid KochChief Risk, Organization and Innovation Officer HochtiefMESA 3: Tecnologías disruptivas y cliente digital
OVERVIEW
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We are fully immersed in a global context that, due its uncertainty, speed of change, the ubiquity of technology and the disruption caused by new digital players, forces every industry to insert innovation as a critical component of their core strategy and culture. A fully developed and adaptive innovation process within an organization is the only way to manage risk, optimize its performance, understand future scenarios and ensure the relevancy of the business by untapping new opportunities. Our traditional approach to innovation is helping us greatly, but innovation efforts have to be aligned and articulated in order to become key drivers of the optimization of the business and the transformation of the organization.
Something is starting to move in the industry. New players are looking into the industry and traditional players are looking into the startup world (this year’s investment is breaking a new record).
This is a critical moment for the industry, and we need to seize the opportunity.
Background
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A new horizon
Mechanization and steam power
INDUSTRY 1.0
Mass production, electrical power
INDUSTRY 2.0
Computers, IT systems,
automated production
INDUSTRY 3.0
Autonomous systems, data, IoT, machine learning
INDUSTRY 4.0
The rising of a new ageFrom the industrial age to the digital age
INDUSTRIAL AGE DIGITAL AGE
Products
Control over the supply chain
Physical assets and capital deprecitation
Organic growth (fusión)
Value chains
Supply ecs. of scale
Diminishing retunrs
PIB as key metric
Platforms
Power to optimize the ecosystem
Digital assets and capital innovation
Assymmetric groth (network effects9
Ecosystems
Demand ecs. of scale
Network effects.
New measures
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Need for changeBusiness model’s evolution
Mass work Concentration of the means of production
Mass market
Industrial model Post-industrial model
The Plataform model fosters the mass participation
Construction Tech Landscape
Source: Tracxn Sector Report – Construction Tech Oct. 2018
LIFE AS A SERVICE
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Life ACS/Hochtief
Purpose
Experiences
Enabling
Life as a Service frameworkLife and Service are the proposed framework in which ACS-HOCHTIEF will explore new innovation opportunities for the creation of experiences in the conjunction of these concepts.
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A global innovation initiative which purpose is to leverage intelligent technologies to reshape our business from within into a high-performance enterprise. By enhancing the efficiency and the quality of our project delivery, we increase value for our clients, foster environmental stewardship and enhance safety.
Purpose
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H1H2H3 H3H2H1Life ACS/Hochtief
Transport
Energy
Urban & Social
Infrastructure
Contract Mining
Health
Work
Education
Environment
…
Food
Research fieldsIdentifying trends on these topics we could foresee our future map of potential innovations
PLATFORM
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Mobile platforms
IoT
Independence and software
interoperability
API y architecture
Cloud services
Open-source
Platform economyModularity: building blocks
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An ecosystem is dynamic and evolves into diverse
communities of actors who create and capture new value
through collaboration and competition.
The value of an ecosystem
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Diversity and the ability to
collaborate, learn, adapt and
innovate together are key
elements in long-term
success.
An ecosystem is dynamic and evolves into diverse
communities of actors who create and capture new value
through collaboration and competition.
Dynamic environments that involve different actors to create, scale and grow with a reach beyond what a single organization can achieve.
Driven by the connectivity of knowledge, resources and capabilities, they enable people to face basic problems, creating new ways of generating value in a world of commoditization.
Competition, although relevant, is not the main attribute. The
ability to share interests, objectives
and values allows us to build environments in
which to grow through collaboration and
obtain mutual benefit.
The value of an ecosystem
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IoTBlockchain
Cybersecurity5G
Digital
OpensourceAPI
Hardware+
Software
Physical
Tech enablers
The “Fog” business opportunityInfrastructures represent a new opportunity to develop new business lines. The threat is posed by digital giants that are already conquering the physical world.
CULTURAL CHANGE
Transforming Talent and Culture
The rigidity and demands of traditional trainingmodels, in the form of masters, or one-off programs, in addition to becoming immediately obsolete and generic fail to reach the majority of employees.
It is necessary to look for models that democratize access to content, that allow for the creation of a common basis of attitude and knowledge so as to produce the cultural change ACS - HOCTHIEF is seeking.
This transformation is linked to technological improvements and the opening of new models, but it necessarily implies a change in culture,knowledge, talent and the attitude of all the people in the organization.
Ubiquity
Platform
ItinerariesConnection with different institutions and training
options
Modularity
Mobility
Ecosystem Create community
New learning models
Transformation begins and ends with people, all of them.
LEARNING CV:SPECIALIZING PROFILES
COMMUNITY ANDCASES OF USE
DIGITAL MINDSET: CREATING CULTURE
• Creating a participatory community that stimulates and shares knowledge and successful use cases in the company.
• High impact on the number of people trained and on the relevance of the contents
• Hybridizing the acquisition of technical skillswith the understanding of new models, and new digital habits.
• Impacting on a basic level of knowledgethroughout the organization to create culture
FOR THE FUTUREWITH DIRECT APPLICATION
HIGH IMPACT
Academy
Culture change - Academy
• Creating a Learning CV in the key areas forACS and with different levels ofspecialisation
• Combining online methodologies with face-to-face actions, with global impact
• Integrating different institutions and universities
Platform Thinking
• December 2018
ACS – HOCHTIEF - CIMIC