the need for r So Social In Innovation in in Australia Mega - - PowerPoint PPT Presentation

Mega Trends im impacting the need for r So Social In Innovation in in Australia

Mega Trends * and So Socia ial l In Innovati tion

*Thi *This s list st is not not exha haust stive

Source: Frost & Sullivan Analysis

Mega Trends a and So Social Inn Innovati tion Innovation

Social Value

Safety

Mega Trends – Opportunities and Challenges

Source: Frost & Sullivan Analysis

Health Employment Productivity Economic growth Equality Sustainability Liveability

Business Non-profit Government

Collaboration Operational Technologies Information Technologies Convergence

Mac acro Micro

From Macro to

• Mic

icro: : Takin ing Mega Trends fr from In Informati tion to

• St

Strategy Im Implementation

Mega Trend

Selected trends that impact your business and markets

Sub Sub Tren end

A sub-layer of trends that has a wide ranging impact

Im Impa pact t to

• Your
• ur Indu

Industr try

Visualising the roadmap of these critical forces through scenario- building and macro economic forecasts

Im Impa pact t on

• n Futu

ture Prod

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t/ Technology Ana Analysis s of

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Opport rtunit ities s and and Unm Unmet t Need eeds

To To

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Source: Frost & Sullivan Analysis

Connectivit ity & Convergence

10 Connected Devic ices for Every Household ld by 2020 5 billi billion int nternet t us user ers by 2020 5 connected devic ices for ever ery us user er by 2020 500 devi vices with th uni unique digit ital l ID IDs (I (Internet of f th thin ings) per er squ quare e kilo lometr tre by y 2020

80 Bill illion Connected Devices By 2020

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Connectivity & Convergence – The he So Social In Innovation Op Opportu tunity in in Austr tralia

Source: Sensis, PewResearchCenter, eMarketer, WEF, Frost & Sullivan Analysis

69% of Australians active on social media 93% of Australian adults use the Internet or own a smartphone Over $10 billion in retail e-commerce sales in Australia in 2015 Australian Internet of Things (IoT) in the Home market over A$1 billion by 2020 Australia ranked 16th out of 143 countries in World Economic Forum's Networked Readiness Index

Driverless trucks Driverless trains Integrated systems Real time data gathering & analytics Remote operations centres

Safety Productivity Costs

Smart PPE Advanced condition monitoring Automated drilling rigs

Smart is is th the New Green

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Selected Smart Cities in 2025

Glo lobal Sm Smart Cities

Over 26 Global l Cit itie ies to to be be Tru ruly SMART Citi ties in n 2025 - More than 50% of f Smar art t citi ties of f 2025 will l be be fr from Europe an and North Amer eric ica

Source: Forbes Smart City List, Innovation City Index, Specific Smart Project Websites for Each City, Frost & Sullivan

Toronto San Francisco Vancouver Paris Boston New York London Berlin Barcelona Amsterdam Seattle Tokyo Singapore re Ca Calg lgary ry Chicago Vienna Co Cope penhagen Oslo Seoul Bei eijing Tianjin Wuhan Helsinki Sydney Shenzhen Stockholm Santander (upcoming)

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Sm Smart is is the the new Green – The he So Social Inn Innovation Opportunity in in Australia

Source: ABS, ASBEC, ClimateWorks, Frost & Sullivan Analysis

Buildings account for almost one quarter of Australia’s emissions.

Shell efficiency Building Energy Management Systems Smart grids Smart lighting Solar PV & Battery Storage High performing buildings can deliver almost $20 billion in financial savings by 2030; apart from quality of life and productivity improvements

• In Australia, urban population as a

percentage of total is amongst the highest globally (~90%).

• Populations in state and territory capital cities

projected to more than double from 2011 to 2061.

Prefab

In Innovating to Zero

Examples of Innovating to Zero at Work

Zer ero Pap apers (Paperless

Meeting rooms using Haptics/Multi-touch)

Zer Zero Em Emiss issions, , Zer Zero Ene nergy Loss

• sses

Zer ero Accid idents ts (Zero

Occupational Hazards)

Zer ero Tim Time to Business Incubation Zer ero De Dela lays in Delivery Zer ero Cl Client t Co Complaints ts

Source: Frost & Sullivan Analysis

In Innovating to

• Ze

Zero – The he So Social In Innovation Opportunity in in Australia

• ‘Zero coal’ scenario in South Australia –
• pportunities and challenges
• From now to 2030, cumulative abatement

potential of over 12 MtCO2-e can arise from

• ptimising Australian building performance using

data management systems

• Commercial Building Disclosure energy efficiency

scheme – mandatory disclosure threshold lowered from 2,000 sqm to 1,000 sqm

Source: AEMO, ARENA, Energetics, Department of the Environment, SafeWork Australia, Frost & Sullivan Analysis

Integrated Solar PV & Battery to reach 3.8 GW installed capacity in 20 years

• 5 new wind farms and 8 >1 MW solar

farms completed in 2015

• Rooftop solar power passed a total of 5

GW capacity in early 2016

• Cost of large-scale solar power in

Australia has declined from $200/MWh (2013) to less than $130/MWh today Renewable energy accounted for 14.6% of Australia’s electricity in 2015

Health, , Well llness and Well llbeing

Future of Health, , Well llness and Well llbeing

Health, , Wellness & Well llbeing – The So Social In Innovation Op Opportu tunity in in Austr tralia

• Population 65 years and over to increase

from 14% (2012) to 22% (2061).

• Half of all Australians suffer from a chronic
• disease. ~20% affected by at least two.
• 90% of Australians willing to share their de-

identified health data to advance medical research and improve patient care.

Source: ABS, AIHW, CSIRO, Research Australia, Frost & Sullivan Analysis

Patient Admission and Prediction Tool (PAPT) developed by Australian eHealth Research Centre, Queensland Health, Griffith University and Queensland University of Technology, now used by over 30 hospitals in Queensland, with a 90% accuracy in forecasting bed demand (through analysis of hospitals’ historical data). Reduced wait times, improved care, more efficient bed management, staff resourcing and surgery scheduling.

Australia’s first large-scale trial of telehealth shows that it could save up to $3 billion a year for the nation’s healthcare system.

The Future of Mobil ility

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So Social l In Innovation in in Mobility – The Valu lue at St Stake

Esti Estimated Val alue

• f
• f In

Intelligent Mo Mobility In Infrastructure Ma Market (IT (IT Sol Solutions)

$58 Bill illion

$50 $50 bil billio lion sa savings in n avoiding acci accidents 25% 25% Red educed val alue of

• f da

damage $29 294 bi bill llion Sa Savi vings in n congestion co cost $17 17 bi bill llion sa savings in n em emissions $4 $4 bil billion sa savings in n commutation time $13 $132 bi bill llion sa savings in n commutation time 20% 20% Red eduction in n congestion val alue 10% 10% Red eduction in n Em Emissions 25% 25% Red educed co commuting time 10% 10% Red eduction Fuel l Co Consumption

Esti Estimated Val alue in in Sa Savings

$497 Billi illion = $555 Bill illion value at t sta take

+

• Passenger travel in Australian cities grown

almost ten-fold over last 70 years

• In Australia's capital cities, the avoidable social

cost of congestion ~A$16.5 billion in 2015. To rise in a 'business-as-usual' scenario to A$30 billion by 2030.

• A quarter of Australian commuters travel for 45

minutes or more one way to work.

The he Future of

• f Mobility – The

he So Social In Innovation Opportunity in in Australia

Road and rail freight task projected to increase by 86% by 2031.

Source: BITRE, ITS Australia, Frost & Sullivan Analysis

• Cooperative Intelligent Transport Initiative

(CITI) Illawarra, NSW and Melbourne, Vic

• Collision Avoidance trial for O-Bahn buses,

Adelaide, SA

• Freight Vehicle Priority Trial, Sydney, NSW
• Addinsight – Smartphone App and Incident

Detection System, SA Safer, more efficient and environmentally sustainable transport

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So Where Will ll You Grow?