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Insurance Disrupted | Silicon Valley | 2016 – Inside the Digital Tipping Point

Insurance a $5 Trillion Digital Prize
With $5 Trillion in premiums, an incredibly low level of customer satisfaction, aging infrastructures, an analytically based – high volume business model, and a “wait until we have to” approach to innovation, insurance is now fully in the sights of the most disruptively innovative engine on the planet, Silicon Valley. The tipping point for insurance is here, Over 75 digitally born companies in Silicon Valley including Google, and Apple are in the process of redefining the rules and the infrastructure of the insurance industry. Join us for an inside look at the companies and trends driving that tipping point and insights on how to capitalize on it at #insdisrupt.

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Mike ConnorInsurance Disrupted | Silicon Valley | 2016 – Inside the Digital Tipping Point
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Insurance Innovation Partnerships: What’s Working

Insurance Innovation Partnerships are Growing.
Insurance and startups are finding common ground in partnerships to accelerate innovation. What we don’t know is what is working, what’s not working, and what we as an industry can do to improve those relationships. Celent, Silicon Valley Innovation Center, and ITL have partnered to find out. We have created an Insurance Innovation Survey that we will be sharing at the upcoming “Insurance Disrupted | Silicon Valley | 2015, conference, Nov 19 – 20, 2015.

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Mike ConnorInsurance Innovation Partnerships: What’s Working
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Where is Your Robot Going to School? Stanford and Cornell’s Open Source Robotics School?

How do You Train a Robot? – Send Them to an Open Source University of Course
RoboBrain is a project being managed by Stanford, Cornell and others and is being funded by Google, Qualcomm, Microsoft, the National Science Foundation and others. RoboBrain in an open source project that scours the internet for information that will provide robots new skills and capabilities and makes it available for free. The project Director is Dr. Ashutosh Saxena is an Alfred P. Sloan Fellow and Microsoft Faculty Fellow. Dr. Saxena shared his work and vision as the keynote speaker at Silicon Valley Innovation Center’s | Robotics Conference.

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Mike ConnorWhere is Your Robot Going to School? Stanford and Cornell’s Open Source Robotics School?
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Real Digital Transformation = Customer Insight + Digital Business Strategy. Who you gonna call?

Congratulations to Prophet and Altimeter Group for Joining Forces! 
Every once in a while, something happens in the world that makes you say, that is so right! This is one of them. If you haven’t heard already Prophet just acquired Altimeter. Prophet is a leading digital agency and Altimeter Group is a leading research and analyst group focused on digital transformation. I wanted to write about it because the vision, values, and characteristics of this newly combined firm are a great example of what you should look for in a digital transformation partner. 

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Mike ConnorReal Digital Transformation = Customer Insight + Digital Business Strategy. Who you gonna call?
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Predictive Analytics – Enterprise Alchemy

Predictive Analytics holds a promise mankind and business have dreamed of for years. The ability to predict future outcomes and trends. At Silicon Valley Innovation Center’s recent Data Alchemy Conference, participants received insight on bringing this powerful competitive advantage to life. Here are excerpts from the conference, a business case template, and a link to the eguide to help you get started.

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Mike ConnorPredictive Analytics – Enterprise Alchemy
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7 Steps for Designing IoT Products and Strategies

The Internet of Things offers huge growth opportunities and is on almost every company’s radar. Success will require more than incorporating intelligent sensors into your product mix. It will require a holistic approach to the creation of customer value, product design, and business models within the context of continually evolving digital ecosystems. Here are 7 steps to help you get started.

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Mike Connor7 Steps for Designing IoT Products and Strategies
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“Digital Transformation a CEO Priority” | Myth or Wake Up Call?

Study after study indicates that CEO’s have identified digital transformation as a top priority, yet with over 18,000 companies of more than 500 employees just in the US, there were less than 9,000 searches for digital transformation in the last year and only 1,600 in March. So what’s the disconnect?

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Mike Connor“Digital Transformation a CEO Priority” | Myth or Wake Up Call?
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5 Steps to Define Digital Transformation Requirements

A successful digital transformation program enables your company to focus on what matters most . . .

Creating high value customer outcomes and experiences that accelerate growth and profits for you and your customers in a digitally transformed future. Getting there is a process. One that starts by defining the outcomes that will create value for digitally transformed customers. 

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Mike Connor5 Steps to Define Digital Transformation Requirements
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5 Market Drivers Digital Transformation Must Address

Understanding and addressing the forces driving digital innovation and transformation is critical to a sustainable digital strategy
Without understanding and proactively addressing those it is impossible to sustain a viable position in the market. While digital technologies are what most companies focus their strategic discussions on a broader range of drivers needs to be addressed.

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Mike Connor5 Market Drivers Digital Transformation Must Address
Jarrad ConnorBlog