This blog, as part of the LBS Innovation Series, brings you a presentation by Kate Burleigh, former Managing Director of Intel Australia/NZ and now country manager of Amazon Alexa Skills across Australia and New Zealand.
Kate’s topic is:
Think big or go home – why students and businesses with a global mindset are more likely to succeed within the digital era.
Platform economics & technologies
Kate addresses the rise of platform economics and how this enabling technology together with globalisation is driving the current wave of digital innovation and disruption. She outlines how the proliferation of connectivity and the growing power of data and data analytics is lowering costs through the use of platforms, cloud-based processing, storage and tools. Kate talks about the proliferation of platform economy since the advent of hot spots, Wi-Fi and cloud computing technologies used by companies like YouTube, Amazon, Uber, Airbnb, Facebook and Netflix.
What these firms and the next wave of Chinese technology firms such as Alibaba, Tencent, and WeChat have in common is that they think globally, have monopolistic tendency (i.e. they become the market standard), use artificial intelligence and are agile. For example, these companies have attached payment systems to their platforms which give them a competitive advantage.
In the below presentation we see how Kate challenges our current generation of educators, students, start-ups and business leaders to foster a global mindset and to better utilise and adopt platform technologies in order to be competitive and succeed more strongly.
Watch her presentation below:
This blog is part of the LBS Innovation Series, developed by Dr Mark Cloney, Professor of Practice in Economics in the La Trobe Business School. The series was developed after the successful National Innovation Forum organised by La Trobe Business School, NORTH Link and Deloitte Consulting P/L.
More blogs in the LBS Innovation Series: