Accelerated Startup for Cambridge Judge Business School
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This document summarizes the key stages in the evolution and growth of HP, from its founding in 1939 by engineers Bill Hewlett and Dave Packard with initial capital of $538, to today as a Fortune 100 company with $52.7B in revenue. It then discusses how the 3rd Industrial Revolution has changed business through convergence and cyber-physical systems. Finally, it outlines opportunities for building startups in areas being transformed by new technologies like 3D printing, the Internet of Things, artificial intelligence, and more.
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Accelerated Startup for Cambridge Judge Business School
- 1. ACCELERATED STARTUP VITALY M. GOLOMB WWW.GOLOMB.NET/CAMBRIDGE March 19th, 2017 @VITALYG - Facebook.com/VitalyGolomb
- 2. © Copyright 2016 HP Development Company, L.P. The information contained herein is subject to change without notice. HP Heritage • Silicon Valley’s original startup • Founded in 1939 by engineers Bill Hewlett and Dave Packard • Initial capital: $538 • First product: Model 200A audio oscillator • Earliest customer: Walt Disney Studios
- 3. Today © Copyright 2016 HP Development Company, L.P. The information contained herein is subject to change without notice. 1 Total net revenue is based on non-GAAP segment reporting for fiscal year 2015. Total net revenue is calculated based on total segment revenue, which does not include intercompany eliminations. Fortune 100 company $52.7B revenue revenue in FY15 1 Operations in 170 countries ~50,000 employees Fortune Most Admired #7 in technology 250,000+ Channel partners 18,000+ patents
- 4. 3RD INDUSTRIAL REVOLUTION CHANGES EVERYTHING 2007- 3rd INDUSTRIAL REVOLUTION CONVERGENCE, EXTERNAL NEURAL NETWORKS CYBER-PHYSICAL SYSTEMS 1969-2000 DIGITAZATION OF ECONOMY ELECTRONICS, AUTOMATED PRODUCTION 1st INDUSTRIAL REVOLUTION 1760-1840 STEAM, WATER, MECHANICAL PRODUCTION EQUIPMENT 1860-1914 2nd INDUSTRIAL REVOLUTION DIVISION OF LABOR, ELECTRICITY, MASS PRODUCTION COMMUNICATE + MANAGE ECONOMIC ACTIVITY POWER + FUEL ECONOMIC ACTIVITY MOVE ECONOMIC ACTIVITY PRINTING PRESS TELEGRAPH COAL STEAM OIL FOSSIL FUELS TELEPHONE RADIO COMBUSTION ENGINE AUTOMOBILE STEAM POWERED RAIL INTERNET UBIQUITY RENEWABLE ENERGY AUTONOMY WE ARE HERE
- 6. THE NEXT WAVE NEEDS GLOBAL TECHNICAL TALENT COMBINED WITH THE RAPID GROWTH MODEL OF SILICON VALLEY INC TOP GLOBAL STARTUP HUBS 2017 1. London 2. Paris 3. Berlin 4. Los Angeles 5. Boston 6. Singapore 7. Bangalore 8. Stockholm 9. Moscow 10. Tel Aviv HACKER RANK BEST DEVELOPERS 2016 1. China 2. Russia 3. Poland 4. Switzerland 5. Hungary 6. Japan 7. Taiwan 8. France 9. Czech Republic 10. Italy 11. Ukraine 12. Bulgaria 13. Singapore 14. Germany 15. Finalnd 16. Belgium 17. Hong Kong 18. Spain 19. Australia 20. Romania ALGORITHMS 1. Russia 2. Poland 3. China 4. Switzerland 5. Taiwan ARTIFICAL INTELLIGENCE 1. Japan 2. Beligum 3. Vietnam 4. Russia 5. Ireland INDUSTRYWEEK TOP MANUFACTURING COUNTRIES 2020 1. US 2. China 3. Germany 4. Japan 5. India 6. South Korea 7. Mexico 8. Taiwan 9. Canada 10. Singapore US NEWS & WORLD REPORT BEST GLOBAL UNIVERSITIES 2017 BIOLOGY, COMPUTER SCIENCE, CHEMISTRY, ENGINEERING, MATERIAL SCIENCE, MATH, PHYSICS, SPACE SCIENCE Harvard, MIT, Stanford, Princeton, UC Berkeley, Georgia Tech, University of Texas, Cornell University of Toronto Cambridge, Oxford Marie Curie Univeristy Ecole Polytechnic Federal Lausanne Fudan, Trinsghua, Peking, Zhejiang, Harbin, Shanghai Jiao Tongu City University of Hong Kong Nanyang, National University of Singapore
- 7. THE WORLD OF TOMORROW IS BEING BUILT TODAY
- 8. HEALTHCARE TRANSPORTATION/LOGISTICS ENTIRE INDUSTRIES ARE BEING REINVENTED PROVIDING OPPORTUNITIES FOR EXTRAORDINARY RETURNS FINANCE & ECONOMICS MANUFACTURING MOTIVENTURES
- 10. GET GOOD GRADES GO TO A GOOD COLLEGE GET IN A GOOD COMPANY GET REGULAR PROMOTIONS RETIRE, PLAY GOLF, DIE NORMAL CAREER
- 11. STARTUP CAREER IF SUCCESSFUL WHAT PEOPLE THINK IT LOOKS LIKE WHAT IT REALLY LOOKS LIKE
- 12. “AS A STARTUP CEO, I SLEPT LIKE A BABY. I WOKE UP EVERY 2 HOURS AND CRIED.” - BEN HOROWITZ
- 15. HOW WHERE WHAT
- 16. HOW
- 17. A STARTUP IS... AN EXPERIMENT IN SEARCH OF A BUSINESS MODEL- STEVE BLANK
- 18. SCALABLE STARTUP TRANSITION COMPANY BUSINESS MODEL FOUND PRODUCT/MARKET FIT REPEATABLE SALES MODEL MANAGERS HIRED BREAK-EVEN PROFITABLE RAPID SCALE NEW SENIOR MANAGEMENT ~150 PEOPLE “A STARTUP IS NOT A SMALLER VERSION OF A LARGE COMPANY”- STEVE BLANK
- 19. CLAYTON CHRISTENSEN’S TECHNOLOGY LIFE CYCLE “S CURVE” PRODUCTPERFORMANCE TIME/EFFORT/INVESTMENT/EXPERTISE RESEARCH MATURITY INNOVATION SWEET SPOT - RAPID PRODUCT & MARKET DEVELOPMENT - NEW SOLUTIONS - SHORT PRODUCT LIFE CYCLES - LOWERING BARRIERS TO ENTRY
- 21. Source: Jerome S. Engel 2012 INNOVATION CYCLES PRODUCTPERFORMANCE 1960s 1970s 1980s 1990s 2000s 2010s
- 22. WHERE
- 23. Large Pools of Private Capital Source: Jerome S. Engel WHAT IS AN INNOVATION CLUSTER? Entrepreneurs Venture Capitalists Major Corps/ Strategic Investors/ R&D Centers/ Potential Acquirers Universities Government Professionals Management Public Stock Markets
- 24. INCREASINGPRODUCTIVITYOFCOMPANIES DRIVINGDIRECTIONANDPACEOFINNOVATION STIMULATINGTHEFORMATIONOFNEWBUSINESSES CLUSTERS AFFECT COMPETITION BY… CLUSTERS AND THE NEW ECONOMICS OF COMPETITION -MICHAEL E. PORTER
- 25. Source: Intuit, Telefonica, Startup Genome
- 26. Source: “Clusters and the New Economics of Competition”, Michael Porter, Harvard Business Review
- 27. WHAT
- 28. SOURCE: CHRIS DIXON, WHAT’S NEXT IN COMPUTING? SKATE TO WHERE THE PUCK IS GOING TO BE
- 29. 3D Transformation Hyper Mobility Smart Machines 31 Internet of All Things Blended Reality Experiences
- 31. Hyper Mobility Tomorrow 33 Source: WIREDSource: Singularity Hub
- 32. Internet of ALL Things 34 Source: PCMag.com
- 34. Video Game Playing AI Source: Wired Software that master games better than humans
- 35. Develop a model for how the flatworm regenerates AI System Solves 100 Year Old Science Puzzle Source: Wired
- 36. 1000 units of Pepper, the human- like robot that feels emotions, sold out in a minute. 2015 - First Robot to Recognize and Mimic Human Emotion Source: PC World
- 37. Today 3D Transformation 39 Driving the next Industrial Revolution Industrial Revolution Blueprint design and mass production 3D Transformation Immersive and easier design and Proto-type & Final Part “Digital” production Handmade and time intensive Pre- Industrial Internet Computer aided design and JIT machine production Next Industrial Revolution Democratization of Design and Ubiquitous production
- 38. 3D in - 3D out HP Jet Fusion 3D HP Sprout
- 39. 3D Transformation Tomorrow 43 Source: Neotech AMT
- 41. 45 4D Printing Source: MIT Self Assembly Lab
- 42. “Fail to plan, plan to fail.” - HILLARY CLINTON