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 Source: Frost & Sullivan Analysis *Thi *This s list st is not not exha haust stive

Mega Trends a and So Social Inn Innovati tion Mega Trends – Opportunities and Challenges Sustainability Equality Business Liveability Social Innovation Economic Value Government Non-profit growth Safety Productivity Health Convergence Employment Collaboration Information Operational Technologies Technologies Source: Frost & Sullivan Analysis

From Macro to o Mic icro: : Takin ing Mega Trends fr from In Informati tion to o Strategy Im St Implementation To To Mac acro Micro Mega Trend Analysis Ana s of of Opp Opport rtunit ities s and and Selected trends that impact your Unm Unmet t Need eeds business and markets Sub Tren Sub end Im Impa pact t on on Futu ture Prod oduct/ t/ A sub-layer of trends that has a Technology wide ranging impact Impa Im pact t to o Your our Indu Industr try Visualising the roadmap of these critical forces through scenario- building and macro economic forecasts Source: Frost & Sullivan Analysis 4

Connectivit ity & Convergence

80 Bill illion Connected Devices By 2020 10 Connected Devic ices for Every Household ld by 2020 5 connected devic ices for ever ery us user er by 2020 5 billi billion int nternet t us user ers 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 6

Connectivity & Convergence – The he So Social In Innovation Op Opportu tunity in in Austr tralia 69% of Australians Over $10 billion in 93% of Australian Australian Internet of active on social retail e-commerce adults use the Things (IoT) in the sales in Australia in media Internet or own a Home market over A$1 2015 smartphone billion by 2020 Australia ranked 16th out of 143 countries in World Economic Forum's Networked Readiness Index Driverless trucks Real time data Safety Driverless trains gathering & analytics Productivity Automated drilling rigs Integrated systems Advanced condition monitoring Smart PPE Remote operations centres Costs Source: Sensis, PewResearchCenter, eMarketer, WEF, Frost & Sullivan Analysis 7

Smart is is th the New Green

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 Co Cope penhagen Calg Ca lgary ry Amsterdam Bei eijing Vancouver Tokyo Stockholm Oslo Helsinki Berlin London Toronto Vienna Seattle Paris San Francisco Boston Barcelona Chicago Tianjin New York Seoul Wuhan Singapore re Santander Shenzhen (upcoming) Sydney Selected Smart Cities in 2025 Source: Forbes Smart City List, Innovation City Index, Specific Smart Project Websites for Each City, Frost & Sullivan 9

Sm Smart is is the the new Green – The he So Social Inn Innovation Opportunity in in Australia • 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. Buildings account for almost one quarter of Australia’s emissions. Prefab High performing buildings can Shell efficiency deliver almost $20 billion in Building Energy Management Systems financial savings by 2030; Smart grids apart from quality of life and Smart lighting productivity improvements Solar PV & Battery Storage Source: ABS, ASBEC, ClimateWorks, Frost & Sullivan Analysis 10

In Innovating to Zero

Examples of Innovating to Zero at Work Zer ero Accid idents ts (Zero Zer ero Pap apers (Paperless Zer Zero Em Emiss issions, , Zer Zero Occupational Hazards) Meeting rooms using Ene nergy Loss osses Haptics/Multi-touch) Zer ero Tim Time to Business Zer ero De Dela lays in Delivery Zer ero Cl Client t Co Complaints ts Incubation Source: Frost & Sullivan Analysis

In Innovating to o Ze Zero – The he So Social In Innovation Opportunity in in Australia • ‘Zero coal’ scenario in South Australia – opportunities and challenges • From now to 2030, cumulative abatement potential of over 12 MtCO2-e can arise from optimising 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 Integrated Solar PV & Battery to reach 3.8 GW installed capacity in 20 years • 5 new wind farms and 8 >1 MW solar Renewable farms completed in 2015 energy • Rooftop solar power passed a total of 5 accounted for GW capacity in early 2016 14.6% of • Cost of large-scale solar power in Australia’s Australia has declined from $200/MWh electricity in (2013) to less than $130/MWh today 2015 Source: AEMO, ARENA, Energetics, Department of the Environment, SafeWork Australia, Frost & Sullivan Analysis

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

The Future of Mobil ility

Social So l In Innovation in in Mobility – The Valu lue at St Stake Esti Estimated Val alue $497 Billi illion Esti Estimated Val alue in in Sa Savings of of In Intelligent Mobility Mo $50 $50 bil billio lion Infrastructure In 25% 25% sa savings in n avoiding acci accidents Ma Market (IT (IT Red educed val alue of of da damage Sol Solutions) $29 294 bi bill llion 20% 20% Savi Sa vings in n congestion co cost + $58 Red eduction in n congestion val alue $17 17 bi bill llion 10% 10% sa savings in n em emissions Bill illion Red eduction in n Em Emissions $4 bil $4 billion 25% 25% sa savings in n commutation time Red educed co commuting time $132 bi $13 bill llion 10% 10% sa savings in n commutation time Red eduction Fuel l Co Consumption = $555 Bill illion value at t sta take 18

The he Future of of Mobility – The he So Social In Innovation Opportunity in in Australia • 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. Road and rail freight task projected to increase by 86% by 2031. • Cooperative Intelligent Transport Initiative Safer, more (CITI) Illawarra, NSW and Melbourne, Vic efficient and • Collision Avoidance trial for O-Bahn buses, environmentally Adelaide, SA • sustainable Freight Vehicle Priority Trial, Sydney, NSW transport • Addinsight – Smartphone App and Incident Detection System, SA Source: BITRE, ITS Australia, Frost & Sullivan Analysis

So Where Will ll You Grow? 20