Overview WebSummit 2016 @lisbon - 3 months later

bycz(58)

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Dear Steemians,

I've been at websummit 2016 and was a very interesting show. A lot of people investing in technology's market, a lot of people trying to rise money, a lot of expertises, a lot of cool people.

The event do not had the best organization and disruptive technology but for the first Portuguese organization was good.

I went to the event through my company, so I had to make a report to the Administration. I will share with you the report and my thoughts about Websummit.

Global Market vectors

- Through the democratization of access to information, that has had it's boom in the last 5/10 years, has been given power to anyone with access to the internet, to learn, create, analyze, discover, etc. This power leads to prediction of increases the number of startups, of technological or non-technological projects in all areas (believes that this increase will lead to the growth of the middle class)

- Diversification of technological applications in all sectors. All sectors will undergo changes to their operation through technology, whether through automation, process or information digitization, emergence of new services and re-framing of existing ones. (Eg. a doctor nowadays no longer worries about checking the validity of the analyzes, they only have to worry about the diagnosis)

- All countries are investing in the digitization of processes, information and communication (Simplex's government project at Portugal, several agencies linked to the state are also betting on technology as a way to reduce costs)

Technological market

- Artificial intelligence, robotics, blockchain and p2p applications are the great evolutionary tendencies of the technological market

- Artificial intelligence, one of the most sought after markets, with sustained growth by autonomous vehicles / transport or autonomous control systems (people, goods, products, raw materials)

- A "refreshment" of current industrial production systems, manufacturing processes, small scale production, etc. In a general plan all the industries are feeling this technological's advance.

- Blockchain was widely known in the technological world through Bitcoin, which is based on blockchain technology. This technology still in an embryonic stage of development at functional level, already shows a high degree of maturation. Blockchain has the ability to revolutionize various sectors, from banking (enables direct transactions between two users, keeps an impenetrable track of all transactions), public administration and any system, solves in a more secure, transparent and efficient several operations of these systems, such as identity, transactions, auditable data storage, control, security. (A number of projects already under development in the area of property transfers in the US, fishing quotas, carbon quotas The banking sector is one of the largest investors in this technology, having already been created in the vast majority of study offices. China is the largest center for investment and development).

- The p2p markets are growing, with increased collaboration between businesses and individuals.

- 3D printing, the complexity of the models that are intended to combat traditional models and traditional paradigms of manufacture. (You can create more demanding models with the same effort as well as reproduce simpler models more efficiently). 3D printing allows the entire production workflow to be much shorter and simpler.

Social factors

- Influence of providers of technological systems used today (Google, facebook, apple, etc.). Several systems used today use various algorithms of "customized information management" per user. But the analysis and studies show that the amount of information available has been lower, in turn there is more and more information.

- Current technology platforms have more advanced and accurate "score people" than banks, insurers and states.

- Video is the most effective format for communicating a message, advertising a product and giving more guarantees of return in the digital environment. Videos with 60/90 seconds are the most "consumed".

Loose quotes

Create the new services of the future.

Giving work to other people is the best way to prosper, we just have to find sustainable ways.

All countries will be digital.

The vast majority of technology is based on the physical world (philosophy, psychology, nature, science, etc.)

All people should realize why technology works and how!

Business is interaction between people.

More important than everything is the team.

Note: I do not note who said which one, sorry for that.

Personal notes

- Consistency and authenticity are characteristics appreciated in the technological sphere.

- Any interview is two-way.

- Programming, working data and logic are the vectors applied by the technology market.

- Produce videos (future competence)

- We use all the same metrics to evaluate different services.

Interesting facts

- Great incentive to start-up companies

- All people have a positive "mood"

- Large number of big companies represented (multinational)

- Very easy to establish contacts. Average ages in the 30/40 years.

- See this project (https://hyperloop-one.com/), plan to start building this year between Dubai and Fujairah.

- The CEO of BMW says that in 2025 the vast majority of cars will be self-driven.

- List of support provided by the Paris agreement - environment (Http://www4.unfccc.int/submissions/INDC/Submission%20Pages/submissions.aspx). Several funds are released through savings from energy efficiency investments and associated costs.