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Life comes at you quick
Last week at the A-ha! Conference, my keynote entitled "Gradually, Then Suddenly" discussed the impacts of technology and data on the pace of business and how corporations generally get caught flat-footed responding to these changes.
Some highlights scattered below.
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We visualized where 12 of the biggest oil & gas corporates — like BP, Chevron, and Shell — are making Internet of Things investments to improve operations.
Looking at the direct investment data, these 12 oil & gas corporates have participated in over 35 rounds totaling over $575M in disclosed funding to 27 companies since 2013.
Moneyball for everything
From the A-ha! keynote, we covered the 3 factors driving the acceleration of business.
Second, technology is quickly redrawing competitive lines.
- American Express and Visa compete with Alibaba now
- Daimler has insurgents like Tesla, Uber and Google in their space
- Even traditional buddies (think CPG cos and retailers) are swimming in the same lane at times
See the keynote for the 3rd factor and more examples.
That one year where the Hallmark movie poster had the guy in the red sweater sure was a game changer.
h/t Dave Addey for spotting this
Spending more time with their families
In several cases, we saw public companies exhibit a 20–24 month gradual decline in stock price followed by a sudden drop (5–6 months) as you'll see in the keynote.
More than ever, we're also seeing activist shareholders agitating for changes when they feel companies and management teams are unable to respond to technology, product, and distribution innovations.
We've seen a number of CEOs under pressure with several forced to spend more time with their families for not responding to threats early enough.
Per our soon-to-be-released State of Innovation Report, which surveys 677 corporate strategy professionals, corporations get most of their innovation ideas from customers and employees which is necessary but certainly not sufficient.
It leads to a lot of incremental flavor innovation ideas, which is a big part of why corporations are unable to respond to more disruptive threats to their business.
All of these ideas are more fleshed out in the A-ha! keynote, which you can get here.
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.
CNBC. Ari Levy (@levynews) profiles Benchmark Capital's Bill Gurley and the firm's difficulties as a prominent Uber investor, with a reference to CB Insights investor data.
The Times. A look at blockchain and car insurance company InsurePal's upcoming ICO, with a reference to CB Insights ICO data.
Fortune. Sy Mukherjee (@the_sy_guy) writes about Alphabet's secretive anti-aging startup, Calico, and references the CB Insights A-ha! Conference interview with Calico chief computing officer Daphne Koller.
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P.P.S. Tomorrow, we're digging into all things blockchain. Join us for the blockchain briefing.