01. Geoff Moore - Venture Partner at Mohr Davidow Ventures - Visits theCUBE!. (00:41)
02. ServiceNow As An Enterprise Enabled Platform. (01:38)
03. Is Where In The Company That CIO Are Coming From Changing?. (02:16)
04. The Changing Of The "System Of Record". (03:24)
05. Is The Cloud Changing The Matrix Of Enterprise's Leadership?. (04:59)
06. Is There More Competition Coming From Amazon?. (06:47)
07. Would The Cloud Be What It Is Today Without The Disruption By amazon?. (08:43)
08. The Full Plate Of Technology. (10:33)
09. Will We See Another Big Player?. (13:32)
https://siliconangle.com/2014/05/02/adapt-or-die-how-to-not-be-the-kodak-of-the-tech-industry-know14/
#theCUBE #ServiceNow #SiliconANGLE #GeoffreyMoore
--- ---
Geoff Moore, Mohr Davidow Ventures, at ServiceNow Knowledge 2014 with Dave Vellante and Jeff Frick
@thecube
#Know14
At this week’s ServiceNow Knowledge 2014 event at the Moscone Center in San Francisco, SiliconANGLE’s theCUBE co-hosts Jeff Frick and Dave Vellante welcomed Geoff Moore. Moore is a Venture Partner with Mohr Davidow Ventures as well as the bestselling author of such tomes as Crossing the Chasm, The Gorilla Game, and Dealing with Darwin. His primary field of expertise is in market development and business and investment strategies. He was a featured speaker at this year’s Knowledge 2014 CIO Decisions.
Moore shared the overall vibe among the 100 or so assembled CIO’s at the conference by acknowledging that they recognized, especially after ServiceNow CEO Frank Slootman’s keynote, the idea that the infrastructure itself could be turned inside out, enabling the entire Enterprise to be service enabled. “The CIO’s understand that this is a different vision, that you could service not just IT, but also Enterprise HR, Marketing, and any other shared service that you could turn into a bunch of services and then call in and use ServiceNow as a platform,” he explained. “How do we map from the old way that thinks about this as an internal productivity facility to the new way that understands this is an Enterprise enablement platform? That’s a big move.”
Make Way for Systems of Engagement
The evolution of IT is morphing from a System of Record to a System of Engagement. As Moore explains it, we are in the midst of a paradigm shift where IT, which once existed to tell the company about their business, has now become the business. “You saw what happened to newspapers,” Moore said. “IT isn’t about the newspaper business. IT is displacing the newspaper business. Google is displacing the media business. Amazon is displacing retail. Mobile banking is displacing banking. Airbnb. Uber. I mean, we’ve got the taxi guys worried.” He continued, “It’s a digital world. I think that was the core of the discussion [at CIO Decisions]. Which CIO am I? What do I have permission to be? Do my colleagues get this? Am I competent to do it if they do?”
Watch the interview in its entirety here:
Adding to much of the potential anxiety faced by the CIO set is their established relationships with incumbent vendors. Moore discussed the transition away from Systems of Record to Systems of Engagement and how that will affect both the purveyors and buyers. “First of all,” he began, “you’re never going to get rid of your Systems of Record.” Continuing, he said, “But, at the margin, we’ve probably extracted most of the lifetime value from that investment already. So, you need to maintain them. The industry is consolidating around an anchor set of vendors who we trust to do that.” But it is patently obvious the major growth sector will be around Systems of Engagement and incumbent vendors, locked into existing business models and obligations to investors, will find it hard to navigate from the old world to the new.
Paddling Through the Wave
In Moore’s last book he addressed this topic specifically. “Why is it so hard for the established incumbents to catch the next wave,” he asked. Citing Amazon’s amazingly disruptive AWS he asked, “Why is Amazon so unopposed in many of its initiatives? Well, their business model and their economic model is completely divorced from the incumbent model.” The incumbent vendors are able to understand Amazon. They just don’t know how to turn the ship that is their own company in any meaningful way that doesn’t betray the corporate structure. “My example of this is Kodak,” Moore offered. “Antonio Perez came from HP. He knew what he was getting into. He understood digital. Everybody at Kodak understood digital. But they just couldn’t get to the other place,” he stated. “We call it ‘escape velocity’. How do you free yourself from your own past?”
@ServiceNow @SiliconANGLE theCUBE
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Geoff Moore, Author | ServiceNow Knowledge 2014
01. Geoff Moore - Venture Partner at Mohr Davidow Ventures - Visits theCUBE!. (00:41)
02. ServiceNow As An Enterprise Enabled Platform. (01:38)
03. Is Where In The Company That CIO Are Coming From Changing?. (02:16)
04. The Changing Of The "System Of Record". (03:24)
05. Is The Cloud Changing The Matrix Of Enterprise's Leadership?. (04:59)
06. Is There More Competition Coming From Amazon?. (06:47)
07. Would The Cloud Be What It Is Today Without The Disruption By amazon?. (08:43)
08. The Full Plate Of Technology. (10:33)
09. Will We See Another Big Player?. (13:32)
https://siliconangle.com/2014/05/02/adapt-or-die-how-to-not-be-the-kodak-of-the-tech-industry-know14/
#theCUBE #ServiceNow #SiliconANGLE #GeoffreyMoore
--- ---
Geoff Moore, Mohr Davidow Ventures, at ServiceNow Knowledge 2014 with Dave Vellante and Jeff Frick
@thecube
#Know14
At this week’s ServiceNow Knowledge 2014 event at the Moscone Center in San Francisco, SiliconANGLE’s theCUBE co-hosts Jeff Frick and Dave Vellante welcomed Geoff Moore. Moore is a Venture Partner with Mohr Davidow Ventures as well as the bestselling author of such tomes as Crossing the Chasm, The Gorilla Game, and Dealing with Darwin. His primary field of expertise is in market development and business and investment strategies. He was a featured speaker at this year’s Knowledge 2014 CIO Decisions.
Moore shared the overall vibe among the 100 or so assembled CIO’s at the conference by acknowledging that they recognized, especially after ServiceNow CEO Frank Slootman’s keynote, the idea that the infrastructure itself could be turned inside out, enabling the entire Enterprise to be service enabled. “The CIO’s understand that this is a different vision, that you could service not just IT, but also Enterprise HR, Marketing, and any other shared service that you could turn into a bunch of services and then call in and use ServiceNow as a platform,” he explained. “How do we map from the old way that thinks about this as an internal productivity facility to the new way that understands this is an Enterprise enablement platform? That’s a big move.”
Make Way for Systems of Engagement
The evolution of IT is morphing from a System of Record to a System of Engagement. As Moore explains it, we are in the midst of a paradigm shift where IT, which once existed to tell the company about their business, has now become the business. “You saw what happened to newspapers,” Moore said. “IT isn’t about the newspaper business. IT is displacing the newspaper business. Google is displacing the media business. Amazon is displacing retail. Mobile banking is displacing banking. Airbnb. Uber. I mean, we’ve got the taxi guys worried.” He continued, “It’s a digital world. I think that was the core of the discussion [at CIO Decisions]. Which CIO am I? What do I have permission to be? Do my colleagues get this? Am I competent to do it if they do?”
Watch the interview in its entirety here:
Adding to much of the potential anxiety faced by the CIO set is their established relationships with incumbent vendors. Moore discussed the transition away from Systems of Record to Systems of Engagement and how that will affect both the purveyors and buyers. “First of all,” he began, “you’re never going to get rid of your Systems of Record.” Continuing, he said, “But, at the margin, we’ve probably extracted most of the lifetime value from that investment already. So, you need to maintain them. The industry is consolidating around an anchor set of vendors who we trust to do that.” But it is patently obvious the major growth sector will be around Systems of Engagement and incumbent vendors, locked into existing business models and obligations to investors, will find it hard to navigate from the old world to the new.
Paddling Through the Wave
In Moore’s last book he addressed this topic specifically. “Why is it so hard for the established incumbents to catch the next wave,” he asked. Citing Amazon’s amazingly disruptive AWS he asked, “Why is Amazon so unopposed in many of its initiatives? Well, their business model and their economic model is completely divorced from the incumbent model.” The incumbent vendors are able to understand Amazon. They just don’t know how to turn the ship that is their own company in any meaningful way that doesn’t betray the corporate structure. “My example of this is Kodak,” Moore offered. “Antonio Perez came from HP. He knew what he was getting into. He understood digital. Everybody at Kodak understood digital. But they just couldn’t get to the other place,” he stated. “We call it ‘escape velocity’. How do you free yourself from your own past?”
@ServiceNow @SiliconANGLE theCUBE
