the 4th industrial revolution

54
And tap into revenues of one of the most vibrant global markets How to become part of the 4th industrial Revolution

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Page 1: The 4th industrial revolution

And tap into revenues of one of the most vibrant

global markets

How to become part of the 4th industrial Revolution

Page 2: The 4th industrial revolution

The #1 question to answer when starting a new business

“Am I entering a growing or

a dying market?”

Page 3: The 4th industrial revolution

Choose a lucrative market that will stack the odds in your favor

Not all markets are equal!

Page 4: The 4th industrial revolution
Page 5: The 4th industrial revolution

Do not stop looking! Thinking "technology is outside

of my reach or interest”?

Page 6: The 4th industrial revolution

Within this lucrative market

is a gem: SaaS*

*Software-as-a Service

Page 7: The 4th industrial revolution
Page 8: The 4th industrial revolution

Software as a Service/SaaS

Cloud-based services that offer solutions

on a month-to-month subscription basis

Page 9: The 4th industrial revolution

In 2016

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This trend will remain on the upswing

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With this presentation we’ll explain how you

can start a business in this vibrant marketHow can you "leapfrog"

into this market?

Page 12: The 4th industrial revolution

Upfront capital Technical knowledge

Programming knowledge

Technical team

Physical infrastructure (Warehouse, office, own servers, etc.)

What you DON'T need

Page 13: The 4th industrial revolution

Determination

Discipline

Energy

Common sense

A device to connect to the Internet

To identify a business opportunity

What you DO need

Page 14: The 4th industrial revolution

Finding new business opportunities

is what

sets entrepreneurs apart

Page 15: The 4th industrial revolution

We will only explore 2 areas

in which to find

new business opportunities

Page 17: The 4th industrial revolution

Shadow business processes

1st area for new opportunities:

Page 18: The 4th industrial revolution

#1 Processes & practices

not supported by, or on the radar of, the IT department

Shadow business process are…

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#2 Processes typically supported

by spreadsheets, paper, emails, phone calls, etc.

Shadow business process are…

Page 20: The 4th industrial revolution

Shadow business process are…

#3 Solutions developed on a ad hoc basis rather than

a formal, generic solution for all

Page 21: The 4th industrial revolution

#4 Informal processes used by

a department or team

Shadow business process are…

Page 22: The 4th industrial revolution

#5 Temporary processes

E.g. hosting an international workshop

http://bit.ly/1WMmTGn

Shadow business process are…

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#6 A quick solution

E.g. the sales team wants to evaluate customers’ satisfaction levels for their

year-end performance report http://bit.ly/1Uax3Al

Shadow business process are…

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What is the future of

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There a MASSIVE need for agile SaaS solutions

in the corporate world

Our conclusion…

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We’ll soon motivate this premise

Not yet convinced that you do not need technical skills?

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Non-technology industries

2nd area for SaaS opportunities:

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"Software will disrupt & revolutionize

all non-technology industries."

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They don’t own a single vehicle

yet they are the biggest taxi operator in the world

Think Uber…

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Uber is in essence a software company

Page 31: The 4th industrial revolution

They don’t own a single property

yet they are the biggest hotel company in the world

Think Airbnb…

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Airbnb is in essence a software company

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“We believe that every industrial company

will become a software company.”

General Electric, CEO Jeffrey Immelt

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Billing for garden services http://bit.ly/1UQxlXc

Software solutions for non-tech industries

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A bike repair business uses software to manage the

flow of tasks as bicycles come in for repairs

http://bit.ly/1tnWT7Q

Software solutions for non-tech industries

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Property maintenance company logs faults & issues,

and optimizes the management of the repair process

http://bit.ly/1UQzbHq

Software solutions for non-tech industries

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Question: Why don't you need technical skills or a tech-team to start a business that offers software solutions?

Page 38: The 4th industrial revolution

Question: Why don't you need technical skills or a tech-team to start a business that offers software solutions?

Answer: Because of a phenomenon called the

“democratization of technology”? It is the increased access for tech-nots

to sophisticated technological products, tools and services.

Page 39: The 4th industrial revolution

Question: Why don't you need technical skills or a tech-team to start a business that offers software solutions?

Answer: Because of a phenomenon called the

“democratization of technology”? It is the increased access for tech-nots

to sophisticated technological products, tools and services.

Examples: Shopify, Kotive & 3D printing.

Page 40: The 4th industrial revolution

Identify an "itch" in the market

or an area of frustration or need

or

an "ill-structured problem" that causes uncertainty and irritation

#1 Find an “itch”

“How to start…”

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The differentiating success factor is how creatively you can match

solutions to problems

#2 Pair this “itch” with a software solution

“How to start…”

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Get template solutions that you can use as-is or customize

http://www.kotive.com/solutions/

#3 Take an existing solution

“How to start…”

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Design custom solutions for your customers based on your insights

http://bit.ly/1UhoPDk

#4 Or, create your own solutions

“How to start…”

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Start to market your solution to a specific niche market

E.g. garden services, event organizers, NGO, learning

institutions

#5 Sell to a niche market

“How to start…”

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Read the full post athttp://www.kotive.com/blog/leapfrog-into-butter/

continue

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Non-tech businesses have real challenges that can effectively be solved with technology BUT…

Market dynamics

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…many of them do NOT know that there are software solutions

to their everyday frustrations AND…

Market dynamics

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…many of them do NOT know where to begin the search for effective solutions AND…

Market dynamics

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…they are often reluctant to start using technology, believing it is out of their reach AND…

Market dynamics

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…they want to remain focussed on their core business.

Market dynamics

Page 51: The 4th industrial revolution

and gently assist them in

implementing it then…

If you can introduce them to

software solutions

Page 52: The 4th industrial revolution

and gently assist them in

implementing it then…

If you can introduce them to

software solutions

they will love you for this

& will gladly pay for it!

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Your customers are not geographically confined to your own hometown

The globe is your market

Page 54: The 4th industrial revolution

Photo credits https://unsplash.com/@matthewwiebe

https://unsplash.com/@nasa

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