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Dr. David Dimmett, Project Lead The Way | AWS Imagine 2018


 

>> From the Amazon meeting Center in downtown Seattle, it's theCUBE, covering IMAGINE: A Better World, a global education conference sponsored by Amazon Web Services. >> Hey, welcome back everybody, Jeff Frick here with theCUBE. We're in Seattle, Washington at the first ever AWS IMAGINE education conference. I think they said there was 900 registrants. Teresa Carlson did the key note, just finished, really fantastic. 900 people, it's funny, she equated it to AWS Public Sector which, seven years ago, had 50 people. And this year it had, I think, 15,000 people. So I think we'll see a similar growth here. Really, application of all the things that AWS does for education specifically, and there's all the cost saving and shutting down data centers and all that kind of stuff. But much more importantly is educating the workforce and getting a new class of kids and educators involved in cloud computing 'cause, let's face it, it's the dominant paradigm going forward. I don't think there's much question about that. So we're excited to be here, talk to some of the great people, all educators. And our first guest is Dr. David Dimmett. He's the SVP and Chief Engagement Officer at Project Lead the Way. David, great to see you. >> Yeah, great, thanks for having us here. So we're excited to be here as part of this first ever education conference that AWS is hosting. So great event, lots of fantastic energy, excited to present later today on diversity inclusion and computer science education, a space where we're doing a lot of really great work. And want to share, and also here to learn. >> Great, so give us the overview on Project Lead the Way. >> Sure, so Project Lead the Way, we are a 20-year-old national nonprofit. We were started in upstate New York, and we're working today with over three million students in pre-K all the way through 12th grade in high school. And we work with them in computer science education, biomedical science engineering; our job is to inspire kids. We want them to have access to a lifetime of opportunity. We know these skills are essential. Students who have these skills have opportunities, have doors open to them. Students without these skills really, today, face a lifetime of consequences. >> Right, so how do you get the skills into the education? It's such a frustration, and typical K through 12 education, computer science has not been part of the standard curriculum. There's the math track, which you take trig and calc, and there's the science track with bio and physics and chem, but computer science really hasn't done a great job of weaseling its way into the standard curriculum that everybody takes. So how do you get this curriculum in? How do you get the education to the kids? >> Sure, and we're seeing some movement in this area, which is really exciting. AWS has been a big part of that. But what we look at, we for the last 20 years have really put an emphasis on testing students primarily in those subjects that are easy to test, so core academic content; we definitely need students to have knowledge in those areas. What's been missing for a long time is the connection to that core academic knowledge to real-world problem solving. And that's where kids come in to a Project Lead the Way classroom and get excited. So we're starting with them early as pre-K, working all the way through, and it's, like I said, all those career pathways. But they're applying what they're learning in their algebra class, they're applying what they're learning in their physics class. And we know the research indicates that students decide really early if they like or are good at math or science. And gone are the days where it's okay to just brush off those content areas. We need to rethink the way kids get excited and inspired at an early age. >> So do you pull them, then, into a separate classroom experience outside of their everyday at school? How does the mechanics actually work? >> Right, so we're working with about 14,000 programs all across the country this year, all 50 states. And there are a variety of implementation models. In the early grades, in pre-K through five, a lot of times that's integrating into the homeroom or into the primary classroom. So we're training teachers all across buildings in a lot of elementary schools all across the country. When you work your way into middle school and high school, students rotate through, sometimes as an elective. But increasingly we're seeing schools require those courses because it exposes students to some of the careers that they may not understand and opportunities that they don't know exist. >> Right, it's so funny, right? 'Cause technology, over and over and over again, back to the Luddites, right, destroys certain industries, creates new industries, right? You don't want to be the guy making buggy whips anymore; it's probably not a great industry. But there didn't use to be web developers. There didn't use to be integration specialists. There didn't use to be SEO people. So there's a whole new class of applications that continue to be created with each of these huge information technology transformations. >> Yeah, it really is, and we have an increasing gap, really, unfortunately, in equality of opportunity. Increasingly today, we see students who have access to these opportunities in their pre-K, 12 experiences. Those students have a chance to go on to all kinds of careers, whether it's AWS, Verizon, Toyota, Lockheed Martin, you can go down the list. Companies are recruiting students that have these skills. Students who happen to not get exposed to these opportunities early really struggle to catch up later in life or later in their education system. So we really look at a variety of on-ramps for students. We work in the school day primarily. We also support a lot of work outside the school day. One of the key things that we do is we help teachers gain confidence in these areas. We were talking earlier about the skills gap that exists for adults in getting into some of these careers; same thing exists for teachers. We have teacher shortages all across the country. And what we're really looking to do is inspire not just students but the teachers who teach them. We'll train over 10,000 teachers this summer and get them ready to go in and inspire and prepare their students. >> It's really interesting, especially you get smarter kids once they're in high school and college. And they're looking for that connection. "Come on, Dad, what am I taking in chemistry? "I'm not going to be a doctor, "I'm not going to be a chemical scientist. "How does it relate to what I'm going to do "or philosophy or whatever." But these types of skills are really, really cogent. And not to mention that, but the kids are interacting with these types of applications all the day. So the connection between what I'm doing at school versus what I might be doing when I get out of school has got to be so much tighter than when you take a philosophy class or an American lit class. >> Yeah, we're rolling out, and with AWS's support. AWS has provided us with subject matter experts with a lot of the technological tools to help us deliver a brand new cybersecurity course this year all across the country. We're really excited about that. And you look at what's happening in terms of the cybersecurity threats that our country faces, that other countries face. It's both an economic issue but also a national security issue. And we just don't have the skilled workforce to be effective in those areas. We're inspiring kids, through AWS's help, to get excited and not just get excited but to have the skills to go out and be successful. So what I love, too, is a lot of the advances that we anticipate in healthcare are not going to be necessarily biomedical advancements. They will be, but they'll also be technological advances. We've worked with Cerner to train teachers in our computer science courses; they're one of the world's largest medical records companies. How do we provide data and information, big data, to medical providers, so that they can provide the best targeted treatment to their students? And so one of the things that we thrive on in our work is the connection to business and industry. And we want to provide that talent, that workforce, of the future. >> Right, so let me just drill in on that a little bit in terms of the role. You said you've been around for 20 years, your foundation. The role of private companies in general, and AWS specifically in helping on some of these really big problems, these really big efforts. 'Cause we know the public school systems never have enough money, getting pulled in a ton of different directions. So what kind of impact does somebody like AWS coming in help you complete your mission? >> Right, so AWS, AWS Educate have provided us with a variety of supports, and they're really helping us do a lot of really great work for students all across the country. A couple of specific examples. I mentioned subject matter experts. Having AWS come in and help us not just with this cybersecurity course but also how do we infuse into our other computer science coursework cloud career skilled development? And so we're doing that now with AWS's support. And Ken Eisner and his team have really helped us for the last couple of years; it's a great partnership. Additionally, providing us with the infrastructure, the applications, the AWS ecosystem of supports are helping us do a variety of things to secure student data, to also drive down cost to schools. All of those things together provide a great opportunity to the students that we're serving, three million plus, all across the country. >> Three million plus, that's great. So there's a real specific program that I want to give you a chance to talk about, the Kentucky Cloud Careers Pathways. That's kind of an example; give us a little bit more color. And we talked before, I got a lot of family in Kentucky, so it touched me a little bit. And, of course, Teresa's from there as well. >> So Kentucky is one of our strongest states for Project Lead the Way and has been for a lot of years. The governor and his cabinet have really done a lot of work to advance career opportunities, workforce development, economic development. And what we have and what we announced last year in Kentucky is the Cloud Career Pathway program. And that is a partnership between AWS; Project Lead the Way; the community college system in Kentucky; the governor's economic, labor, development, education departments; all of us working together to get kids exposed to cloud careers early in their education experience. And we've started training teachers to that end this year. We think it's going to be a real model for the country. >> David, I think you said it in every one of your answers, adding the "and the teachers, too." Such an important part, right? Such a key enabler to make this thing actually go. It can't just be about the kids. >> Absolutely, teachers are the bedrock of what we do in education. I say that as a lifelong educator. We've got a lot of work to do, and teachers are under attack in some places. And you've seen this last year, the work that's happened to put teachers in a position to be successful. And we've got a lot of work to do there. But our job, we want to go out and inspire the country's best teachers to go in and work in some of the most difficult work situations that exist in our country and inspire kids and with limited resources. And teachers are pouring their hearts out to do that. We think we've got a great opportunity, but we trained 10,000 plus teachers this year alone. And we see those teachers gain confidence. They go back to their classrooms, they're excited, and they know more about the opportunities that exist for their students. And I say that as a lifelong educator. In fact, my wife and I met 20 years ago as first-year teachers, so that, to me, is really core to what we do. >> Well, I see the passion in your eyes. So thank you for following up on this mission and doing good work and spending a few minutes with us on theCUBE. >> Yeah, that's great, thanks Jeff. >> All right, he's David, I'm Jeff. You're watching theCUBE from AWS IMAGINE Educate. Thanks for watching. (electronic music)

Published Date : Aug 10 2018

SUMMARY :

From the Amazon meeting Center Really, application of all the things excited to present later today in pre-K all the way through 12th grade in high school. There's the math track, which you take trig and calc, is the connection to that core academic knowledge in a lot of elementary schools all across the country. that continue to be created with each One of the key things that we do And not to mention that, but the kids are interacting And so one of the things that we thrive on in our work on that a little bit in terms of the role. And so we're doing that now with AWS's support. the Kentucky Cloud Careers Pathways. And that is a partnership between AWS; Project Lead the Way; adding the "and the teachers, too." the country's best teachers to go in and work Well, I see the passion in your eyes. Thanks for watching.

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David Hakanson, Saint Louis University | AWS Imagine 2018


 

>> From the Amazon Meeting Center in downtown Seattle, it's theCUBE covering IMAGINE: A Better World, a Global Education Conference, sponsored by Amazon Web Services. >> Hey, welcome back everybody. Jeff Frick here with theCUBE. We're in downtown Seattle at AWS IMAGINE Education. First year of the show, 900 registrants, 20 countries represented, really all the public sectors show, but this one's just focused on education as its own track. A lot of really interesting innovation going on, and as part of the keynote, we saw a really cool concept video about bringing Alexa into the class. The Echo Dot talking, and so, we're excited to have kind of the guy driving this whole project. He's David Hakanson, the CIO of Saint Louis University. First off, what a great keynote you had this morning. >> Thank you, thank you, and we're really excited to announce this today. So, today we announced that we are putting an Amazon Echo Dot in every single residence hall room. So, over 2,300 devices that will be in every room awaiting students for this fall. The device will be essentially their virtual assistant. They can ask questions specific to the university, through our custom skill, or any other question that's normally through the Alexa platform. >> So, the voice of God is talking above us, but that's okay. So, it was interesting when you were starting your presentation earlier today, I'm like, what are the applications going to be? I mean, what are these kids going to do with this? Like, we've got a Dot at home. We ask it to play music all the time, but you really did your homework on trying to think through what are the different use cases, what types of information are going to help the kids get their information a little bit faster, a little easier? >> That's right. We want this to be valuable for our students, and our students are active inside and outside of the classroom. Our university does over a million hours of community service a year, so we attract a very active student. We don't want them to be spending time searching for information. We want them to get that information immediately. Whether it's something simple, such as when is the library closed? Or, what channel is their favorite show going to be on? We want them to be able to get very fast access to information because right now, they have to search through web pages or calendars to find out what's going on on campus or other key information, and that takes time. >> Right. Well, it's funny because there's a lot of conversation about the educational experience, and really trying to develop an engaging experience for the kids in school, for the students, but the question is always, you know, how do you define engagement, what is engagement, and what are the actual things, the physical activities, that are going to drive this? And you guys, amazing stat. You said you went from concept to delivery in three months, and in that process, really explored a lot of interesting concepts. I wonder if you can add a little bit more color to that development process. >> Absolutely. It started with a six week pilot program, where we tested different virtual assistant technology to see what did the students really like, and they chose the Amazon Echo system. And once we made that decision, we were able to go from that concept to completion in three months, which was fantastic for us because we wanted to make sure we were ready for the fall semester. To do that, we worked very closely with AWS and the Alexa for Business team, as well as the partner, the skill development partner, called Empowered. We were able to use the partner ecosystem to allow us to move very quickly, and through that process engaging our students, engaging our stakeholders to make sure that the device was going to meet their needs, not just be something that looked good on their desk. >> Right. So was voice part of the initial design criteria, or did that come when you were looking at different type of interactive devices? Because clearly, the kids today are super adept on their phone, and they can text with their eyes closed with one finger tied behind their back. Voice is still relatively new. At least, maybe it's not as new as I think, so how did you get to the voice as the main UI for kind of this new, cutting edge information system? >> So, we started with voice saying we want a virtual assistant that's voice based because we see that as the future. So, if you're on your smart phone looking for information, you're still having to go to a website or to different data sources to get that, whereas asking a question is much faster, and getting that answer, it's a much faster transaction. So, we started with that saying how can we use voice technology to help our students be more productive, and then, engaged our students in that conversation, and they were very excited about that. >> Right. So, one of the really cool things about Alexa and the Dot is the programmability, which, obviously, you guys took advantage of. So, a little color on kind of how you chose what to program, but I think even more exciting is what kind of opportunities that opens up as an individual student, as a CS project in the class, and as you said, your university has a lot more going on than just incoming students. You've got graduate degrees, medical things going on, so I wonder if you can shed a little light on kind of how you developed what you have for the launch date, but you know, some of the future things that you see down the road. >> That really goes to the Alexa for Business foundation that we chose, and Alexa for Business was the differentiator for us. It was a key area because through that tool and ecosystem, we could manage the devices, and we could group the devices. So, we could group a learning community of engineers, of students studying engineering, and give them specialized skills or allow them to develop a skill and have that only on their devices, not on everyone else's devices. So, the ability to manage these allowed us to really focus on that educational experience, allow students to start creating skills, and then be able to manage and deploy them at scale. >> That's great. I can't wait to come back a year from now and hear kind of what happened. I'm sure there's going to be all kinds of cool surprises, tough surprises, you know, upsides and downsides 'cause you said they're getting installed this week and the kids are showing up in a couple weeks. >> That's correct, that's correct. (laughing) We're moving very quickly. >> Alright David. Well again, I'm going to give you the last word as you touched on it a little bit, but you know, how working with Amazon and AWS specifically you know, kind of impacted this project and how does that help you, you know deliver your objectives more efficiently and faster? >> Yeah, the only way we could have gone from concept to completion in three months was by working closely with AWS and the partner ecosystem. We could not have done this at any scale or efficient timeframe without them. They were a fantastic partner, helping us all the way from choosing the right partner to develop the skill to helping us on how do we get all these devices to work on our network, to how do we get all these devices working on our network and installed within a couple days, and so, from beginning to end AWS has been instrumental in our success to bring this new innovative technology to our students. >> Okay, well we might have to have a field trip out to Saint Louis and check it out. >> You're welcome to come. >> Alright, he's David, I'm Jeff. We're at AWS in downtown Seattle at AWS IMAGINE. Thanks for watching.

Published Date : Aug 10 2018

SUMMARY :

From the Amazon Meeting Center and as part of the keynote, They can ask questions specific to the university, So, it was interesting when you and that takes time. but the question is always, you know, and the Alexa for Business team, or did that come when you were looking So, we started with voice and as you said, So, the ability to manage these allowed us and the kids are showing up in a couple weeks. That's correct, that's correct. Well again, I'm going to give you the last word from choosing the right partner to develop the skill out to Saint Louis and check it out. We're at AWS in downtown Seattle at AWS IMAGINE.

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Peter O'Rourke, University Campus Suffolk | AWS Imagine 2018


 

(upbeat music) >> On the Amazon Meeting Center. In downtown Seattle. It's theCUBE. Covering Imagine a Better World. A global education conference, sponsored by Amazon Web Services. >> Hey welcome back everybody. Jeffrey here with theCUBE. We're in Seattle, Washington at the AWS Imagine education conference. It's the first one. Teresa Carlson just kicked off the keynote. About 900 registrants from over 20 countries worldwide. We saw it happen with the public sector before. They went from 50 people to 15 thousand, I think she said in seven years. I'm imagining that Imagine is going to have the same track. Cause education is so, so important. And we're excited our next guest came all the way from the other side of the pond. The other side of the Atlantic. He's Peter O'Rourke, Director of IT for the University of Suffolk. Peter, great to see ya. >> Thanks Jeff for the welcome. Yes it's been fantastic to be here with this exciting crowd. And as Teresa said it would be great to be here in seven years. At a huge event. >> A huge event, it'll probably be in Vegas. They like to have those big ones down in Vegas. So what brings you here? It's a long way, education is clearly super important. Digital transformation and cloud. We see it all over the place. But what's the application that you're looking at, what are you excited about in bringing kind of cloud economics to the University of Suffolk? >> Well Jeff, the key thing in education has got to be about students' experience. And that's the thing we've got to keep driving at all the time. What's exciting about partners like Amazon is the potential that they talk about. It's not what they're doing today. It's what they're talking about and going to do tomorrow and the day after. And as I've just said, this is day one. >> Right. >> This is an exciting journey to engage with. With these partners. >> So how have the student experience kind of expectations morphed over time? As you get kind of digital-native kids coming up into the school now and kind of, you know we've seen it on the business side. The consumerization of IT cause people expect their interactions with their companies, their banks and their retailers to be like it is with their phone and computer. How are you seeing the expectations change from your students on what they want and how they want to interact with all the services that you guys provide them. >> Good question. And again the mobile phone is the key here. People arrive at your organizations, whether they are universities or retail establishments. And they already know how they're going to work with you. And when you can't do that. That's a huge disappointment. So these people are using things in their daily life. To arrange trips, theater tickets, cinema. And when you can't work like that, there's a huge disconnect. >> Right, right. The other big issue that happens I've seen more and more is mobile. And you know, universities. You guys are always limited on space. >> Yeah. >> There's always lots of construction and new buildings and new labs and new academic offices and classrooms. So space is always an issue. How does you know, mobile specifically as you mentioned, enable you to provide a different experience, a better experience, a more varied experience when you've got all these other kind of constraints you're faced with. >> How mobile can help with that. It's about allowing your users to consume their content where and when they want to. It's exactly how they live their daily lives. So you know maybe you can't a lecture today. But why should that really matter? >> Right. >> You should be able to pick this up later. >> Right. And that last piece is the staff. And you know a lot of the teachers weren't necessarily educated in CS. That wasn't kind of why they got into the business. Especially if they are in say, history or philosophy. Or some of maybe the softer sciences. How are you seeing their adoption of technology to be, you know don't be afraid of it. This actually can be a great enabler to help you do your job better. How are you seeing their adoption of some of this technology in some of the softer academic areas? >> Well, again good question. But it's a huge challenge. I think for too long what we've tried to do from a technology perspective. Is to turn absolutely brilliant academic colleagues into technologists. And that's not why they came into education. >> Right. >> What's exciting about what's happening now is that we're able to enable them to use much, much simpler technology tools or interfaces that are actually doing amazing things in the background. And they don't need to understand how it does it. And that's the way it should be. >> Right. So last question. What are you expecting to get out of this conference for a day and a half here in Seattle? Ton of educators, ton of people from your indsutry. First ever event of this type for AWS. What are you hoping to take away? >> I'm hoping to take away a ton of exciting ideas. That are almost impossible to install. But there's going to be one or two gems in there that we can work with people like Amazon going forward. And we're going to come back in a year's time. And we'll want to talk about what we've done. >> Right. >> That's the exciting thing. >> That is the key right, what have you done? >> Yes. >> And now with cloud you can do, they've talked about a project in the keynote that was three months from ideation to actually starting to ship stuff. So we can do it. >> That's what we've got to do. >> Right alright Peter, well thanks for taking a few minutes of your day. And good luck with the rest of the conference. >> Thanks Jeff, thanks for talking to me. >> Alright, Peter, I'm Jeff. You're watching theCUBE. We're at AWS Imagine Education in Seattle, Washington. Thanks for watching. (upbeat music)

Published Date : Aug 10 2018

SUMMARY :

On the Amazon Meeting Center. I'm imagining that Imagine is going to have the same track. Thanks Jeff for the welcome. So what brings you here? And that's the thing we've got to keep driving at This is an exciting journey to engage with. How are you seeing the expectations change And they already know how they're going to work with you. And you know, universities. How does you know, mobile specifically as you mentioned, So you know maybe you can't a lecture today. to pick this up later. And that last piece is the staff. And that's not why they came into education. And they don't need to understand how it does it. What are you expecting to get out of this conference And we'll want to talk about what we've done. And now with cloud you can do, And good luck with the rest of the conference. We're at AWS Imagine Education in Seattle, Washington.

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Dr. Scott Ralls, Northern Virginia Community College | AWS Imagine 2018


 

>> From the Amazon Meeting Center in Downtown Seattle, it's theCUBE. Covering Imagine: A Better World, A Global Education Conference sponsored by Amazon Web Services. >> Hey welcome back everybody, Jeff Frick here with theCUBE. We're in Seattle, Washington, at the AWS, I think it's called the Meeting Space. There's a lot of AWS buildings around here. It's AWS Imagine: Education, first year of the conference, about 900 registered folks, 22 countries represented. Really excited, this thing is going to grow. We've seen it before with AWS. We saw it with Summit: Reinvent. AWS Public Sector. We're excited to be here for the very first time and our next guest is Dr. Scott Ralls. He is the President of Northern Virginia Community College. Scott, great to see you. >> Thank you, it's good to be here Jeff, appreciate it. >> A lot of mentions of NOVA, and that's you guys. >> That's us, yeah. >> That's not the PBS programming. You guys are kind of out front on some of these initiatives, with 3sa and AWS Public Sector. I wonder if you can tell us a little bit about the Veterans' Apprenticeship Program, which has been in place for a little while. >> Just a little bit about NOVA, we're a community college just right outside of the Virginia suburbs of D.C. We're the, I'd say, the biggest college that nobody's heard of outside of our region. We have about 100,000 students. >> 100,000? >> 100,000. >> And how many campuses? >> Six campuses. >> For us, our niche is information technology. It's where the internet runs through our region, and so that cloud computing, we have the highest concentration of cloud computing cyber degrees. That's why the AWS partnership is so key for us, because it's about the opportunity for our students. And for AWS, it's about filling those jobs. Also, we have a lot of employers in our region that hire based on AWS credentials. AWS is the backbone for them. That's why for us as a community college, being jobs-focused, filling that gap, that's why it's key for us. >> That's Tyson's corner, right? That's where AOL started-- >> That's right, that's right, that's right. >> and there's a whole history. >> You've got all the cyber right around there. One writer has said that we're the bullseye of the internet. It's a unique place, but it's a unique opportunity for our students. >> Right, and the smart money's on the AWS second headquarter being in that neighborhood, but we don't-- >> Knock on wood. >> Knock on wood. We would love to see that. >> I'm just curious then if you've been educating people to get jobs in this IT sector, how you've seen that evolve over time? Because it used to be there were a lot of sys admin jobs or a lot of jobs that now automation and cloud is taking away. On the other hand, there's a lot of new jobs that the technology's enabling, like happens every time. How are you seeing the landscape change? >> I really think that's the way it has been. 30 years ago, when I was breaking into this workforce and world, that same conversation was going on. Automation was going to take all the jobs. There's been all kinds of new opportunities that emerge and that's the same thing we see, and certainly in Northern Virginia we see that so, for us, as a community college, we're doing it two ways. You asked about the apprenticeship program, that was our first entree with AWS so we are one of their primary training providers, education providers for apprenticeship. Those are the veterans and others that are hired by AWS, they come to our college for the education component, the certifications, the IT skills. The second part for us is the new cloud degree which we introduced in February, which is a two-year, first cloud degree in the country that will help other students who are not those coming through apprenticeship to also break into this important area. >> This is an associate's degree like all the other degrees you guys offer >> That's right. as a two-year program. I'd be just curious, what are some of the curricula? What are some of the core classes that they take that are part of that degree? >> One of the things that we've been doing, we use a lot of data analytics on the workforce side that others do not so part of it's our engagement, talking with the AWS leaders about what's needed. Part of it's also watching what AW, what credentials, what skills AWS is hiring for and then others who use the AWS platform, so you will see certain types of credentials that are built in, security plus, Linux plus, AWS Solutions Architect built in. Also even programming language, it's like Python because of its importance in that regard. We kind of use that as the, using that intelligence, if you will, to be able to build out what the degree should look like. Because we're paying attention to how AWS hires and how the IT users of AWS, how they're hiring and what the skills are that they're looking for. >> How hard is it to get that through at the school, to actually have an associate degree based on cloud? Were they receptive of the idea, did everybody see it coming, was it a hard push? >> We did it within one year, we did it within one year. >> Did it in one year? >> Within one year. >> Everything in the cloud happens fast. >> We moved fast on this. It is built off of our IT degree, so it's a specialization of that degree, so it was really, I think what made it move faster for us was two things. One is AWS has a great program called AWS Educate, which essentially provides a lot of the curriculum content. It's the kind of things if you were starting a degree, you would have to go out and create on your own. Having that rich content. Other partners, like Columbus State, who is also, Santa Monica, others that are working on cloud degrees and we can partner with each other. Then having the apprenticeship as sort of a North Star to tack on with respect to how companies are hiring and what skills are needed. That allowed us to move fast. >> Beyond Educate and the actual materials and curriculum materials, what does partnering with AWS do for you guys? What has that enabled you to do as part of this program that you couldn't do or it'd be a whole lot harder? >> Not everybody looks at community colleges. Being partnered with AWS, who they are, is key for us, it's important for us. I think it's also they recognize how important it is for them. Not everybody recognizes that. One thing that's unique for us as a community college, we have a lot of students who come to us who already have four-year degrees to get that skills part. It's almost like a graduate school. The apprentices are that way. Most of the apprentices already have four-year degrees in computer science, and we're providing that finishing piece. I think AWS sees in us how to broaden the, to scale, to fill that talent gap. I really think the only way you're going to diversify the talent gap and scale the talent gap is through institutions like ours. >> It's really an interesting statement on the role of community colleges in this whole refactoring of education. One, as you said, a lot of people have four-year degrees, so this concept of ongoing education, continue to get new skills as the opportunities dictate. Have that very specific knowledge and these certifications that are not Intro Philosophy or English Lit 205. These are very specific things that people can apply to their job today. >> The curriculum changes so fast, so we have to be willing to change, our instructors have to be willing to get that new thing. The history curriculum doesn't change that quickly, but the IT curriculum and particularly as it relates to cloud and cyber and other areas. If we're not doing that, then we're out of the ballgame, and when we're out of the ballgame that means our students are out of the ballgame, and that's what it's all about. >> When you come to an event like this, what are you hoping to get out of an event like this? Flew across the country, unfortunately through all the terrible smoke and stuff we have on the west coast. What are some of the things you hope to gain here with some of the other educators? >> One thing that always happens at AWS events is the connections that you make. Part of it is you do hear people, like we heard this morning, that you wouldn't have the opportunity to hear before, on machine learning and other areas. A lot of it's about the connections, so actually tomorrow morning a lot of the community colleges and others who are creating cloud programs will be working together tomorrow. AWS does a great job of maximizing our time, so we're part of the program, but we're also breaking off to really partner and that allows us all to move quicker. When we can build off of each other and then have the resources like AWS makes available to us. >> Sounds like you're moving pretty quick-- >> We're trying, we're trying. >> To get all that done and to get it done in a year. >> We have to keep up with where they're going. >> It's not what academic institutions are generally known for, speed and change. >> We're not your average academic institution. >> There ya go, alright. He's Dr. Scott Ralls,-- >> Thank you, 'preciate it. thanks for taking a few minutes with ya. I'm Jeff Frick, you're watching theCUBE, we're at AWS public sector, Imagine, in downtown Seattle. Thanks for watching, catch ya next time. (electronic tones)

Published Date : Aug 10 2018

SUMMARY :

From the Amazon Meeting Center We're in Seattle, Washington, at the AWS, That's not the PBS programming. just right outside of the Virginia suburbs of D.C. and so that cloud computing, we have the highest You've got all the cyber right around there. We would love to see that. On the other hand, there's a lot of new jobs that and that's the same thing we see, and certainly in What are some of the core classes that they take One of the things that we've been doing, It's the kind of things if you were starting a degree, Most of the apprentices already have four-year degrees It's really an interesting statement on the role but the IT curriculum and particularly as it relates to What are some of the things you hope to gain here is the connections that you make. done and to get it done in a year. It's not what academic institutions are generally known There ya go, alright. a few minutes with ya.

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Lou Pugliese, Arizona State University | AWS Imagine 2018


 

>> From the Amazon Meeting Center in downtown Seattle, it's theCUBE! Covering IMAGINE: A Better World, a global education conference sponsored by Amazon Web Services. >> Hey welcome back everybody, Jeff Frick here with theCUBE. We're in Seattle, Washington at the AWS IMAGINE education event. First time ever as part of the public sector series. Theresa Carlson kicked it off earlier today. 900 registered people watched this thing grow, like every other Amazon event that we've ever covered. And really, this is all about education. We're excited to be here. Our next guest has been working on this for awhile, He's Lou Pugliese, he's the Senior Innovation Fellow and Managing Director of Technology Innovation at Action Lab, Arizona State. Welcome. >> Thanks for letting me interview here. >> Absolutely. So just before we get started, kind of general impressions of this event? >> You know, it's amazing. I was just saying just a few minutes ago that you go to a lot of conferences, and you know, you go to so many conferences that the goal is to sort of try to meet 80% of the time new people. And you don't ever do that. Here you do, you know. And so there's a lot of people here that I've known for years, that I haven't seen. And there are a lot of new faces here too, so it's great. >> Right. It's really interesting, we cover a lot of conferences and kind of the lifecycle as they grow. But when they're small like this and just getting started you know, it's so intimate. There's so much hall conversations going on, there's so much just genuine sharing of best practices 'cause everybody's still trying to figure it out. >> Exactly, exactly. That's what you're doing here now. >> Absolutely. So, one of the things you're involved in, that caught my eye doing the research for this, is working on research based approach to really understand what works for the student learning experience. So there's all kinds of conversations we can have about higher education. Does it work, does it not work, is it broken? There's a lot of interesting things. Here, you know, it's been really interesting to focus on community colleges specifically and this kind of direct path between skills and getting a job. And it almost feels like the old apprenticeship model, kind of back in the day. You're at a big four year institution and really exploring. What is changing in the education interaction between kids and teachers, kids and curriculum, and how that stuff gets communicated and what's effective? 'Cause it's a new world, it's not the old world. >> No, it is. And you know, at ASU, what's interesting is is that there's a significant digital presence. You know, 35 thousand students very historically, back to 2009. So with that comes a significant amount of footsteps, digital footsteps, that students have taken. And so now you have the ability to be able to analyze that at a much higher level. And so now what we can do, and the part of what we're doing at the Action Lab is: looking specifically at the efficacy of these digital programs, finding out what course design elements do work, and what needs to be changed. And that gives us the ability to sort of feed that information back into the instructional design process, and continue to iterate on that improvement. The unique thing about the lab is that, it's a persistent lab. Most universities are sort of stop and start research initiatives, and they learn a lot and they publish a lot of papers. We've been around for three years, and we'll be around for 10 more, and it's a persistent examination of what we're doing at a digital environment, and we're taking it one step further, we're trying to understand how students behave in a digital environment. We know a lot about how students behave in a classroom or traditional learning setting, but we don't know how they how they learn in a digital environment. >> Right. I love, you said digital footprints, not digital exhaust, (both laugh) and it kind of reminds me of kind of these older you know, long term longitudinal studies, because it's still pretty early days in trying to figure out how these educational tools and mobile and stuff are impacting the way these kids learn. But we know they spend so much time on them, that is their interface to the world. It's almost like your remote control to life is actually this little thing that you carry around in your hand. So I'm curious, what are some of the things you've discovered that are working? What are some of the things that maybe that were kind of surprising that didn't work? What's some of the early findings that's coming out of that research? >> Sure, so in the early studies, we looked specifically at how demographic populations succeed or don't succeed in an environment. And what we found out is: there are certain demographics of students that flourish in an online environment, and consistently perform well. There are some that don't. The second thing we learned specifically is: what types of design features within a course, like the interaction within students, or exposing learning objectives, or getting students to really understand what rubrics of measurement, how content is being used and paced throughout our curriculum. A lot of really detailed information that faculty need to reorient and redesign their instruction, and so we can see a direct predictive value of improvement based on those changes. >> Right. So are you getting stuff out now that's impacting curriculum development? Or are you still kind of pulling the data together and there has not been enough time to really implement it? >> We are doing that, absolutely. One of the elements that we're introducing into the research now is: this notion of, it sounds like a fancy term, non cognitive or social and emotional learning; things that are a predispositions of learning about a student in their, you know, sort of soft skills world. Grit, determination, goal orientation, a variety of different soft skills, and their disposition, and how that impacts how they learn, and how they succeed in a classroom. >> And how important is that? I would imagine it's got to be super important. >> It's a field that is just still early in its science, but we're learning a lot. Not necessarily just about how students will succeed in a course environment, but those types of social/emotional learning skills that are required for them to be successful in a workplace environment. >> Right, right. And then the other factors that were discussed earlier in the key note are some of the, you know, what's happening at home? You know, there's all these other factors that are in a student's life that aren't directly tied to their education, but it can have a significant impact on their ability to learn, either temporarily, or-- >> They're all predispositions, yeah absolutely, yeah. >> Yeah, or full time. That's great. So, as you look forward now, and I think it came up too in the keynote, there's no shortage of data (chuckles) in this education environment. It's really been the time to grab it, analyze it, and put it to work. So, how are, you know, your engagement with Amazon kind of helping you to move your objectives forward? >> Well the Amazon engagement allows us to sort of off load all of the technological constraints, and gives us ultimate possibilities of not necessarily focusing on the tough stuff; the hardware, the integration, the specific tool sets that are required to extract data and analyze data, and focusing specifically on the research. So ultimately, it allows us to redirect our focus in what's really important in our world, because it's not necessarily about the technology, it's how the technology can point and draw a direct line between what the data says and how we create an intervention with students. >> Right. So I'm just curious to get your perspective. You said before we turned on the cameras, you've been involved in this field for a long time, trying to figure out how people can learn, how they can learn better, more effectively. Are there some big, kind of macro themes, that maybe people don't think about enough, that you've seen repeated time and time again, that people should be thinking about when they think about effective education and how to get kids to actually learn what we're trying to teach them? >> Sure, so a couple things. I mean, what we're focused on is not necessarily what we call big data, what we typically know big data as, it's really more about small data, which shows us causality. So for instance, one of the things that we are learning is that peer-to-peer engagement is really, really important in many courses in engaging in asynchronous and synchronous organizations within the course to learn from peers. Also avenues specifically to faculty, so faculty can actually look at the map of the entire classroom and understand who's achieving and focus just only on those people. >> Interesting. Well, good stuff, and, I'm sure, as you get more and more of the digital footprints, the insights will only increase by leaps and bounds. >> Absolutely. >> Alright, Lou, well thanks for taking a few minutes of your time >> Thank you. and we'll look forward to catching up next year and getting some new information. >> Thanks. >> He's Lou, I'm Jeff, thanks for watchin', we're in Seattle, signing off from AWS IMAGINE educate, See ya next time. (upbeat techno music)

Published Date : Aug 10 2018

SUMMARY :

From the Amazon Meeting Center We're in Seattle, Washington at the kind of general impressions of this event? that the goal is to sort of and kind of the lifecycle as they grow. That's what you're doing here now. and how that stuff gets communicated and the part of what we're doing at the Action Lab is: and it kind of reminds me of kind of these older and so we can see a direct predictive value of improvement and there has not been enough time to really implement it? and how that impacts how they learn, And how important is that? that are required for them to be successful that aren't directly tied to their education, It's really been the time to grab it, and focusing specifically on the research. and how to get kids to actually one of the things that we are learning the insights will only increase by leaps and bounds. and getting some new information. He's Lou, I'm Jeff, thanks for watchin', we're in Seattle,

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Andy Cook & Linda Drew, Ravensbourne University London | AWS Imagine 2018


 

>> From the Amazon Meeting Center, in downtown Seattle, it's theCUBE. Covering Imagine a Better World, a global education conference, sponsored by Amazon Web Services. >> Hey welcome back, everybody, Jeff Frick here with theCUBE. We're in downtown Seattle at AWS Imagine Education. About 900 people from 20 countries really coming together for the first ever AWS summit from public sector group, really focused just on education. We've got a little bit of a twist here, our next guest really coming from more of the artsy side of the house, which is always great to hear from. We've got Linda Drew, she's the Vice Chancellor, and Andy Cook, the Chief Operations Officer, both from Ravensbourne University in London. Welcome. >> We're really pleased >> Thank you. to be here, really excited. >> For the people that aren't familiar with Ravensbourne, give us a little overview of the school. >> We're in the center of London in Greenwich, which is right by the river. We have about two-and-a-half-thousand students and about 250 faculty. We specialize in design, media, and technology, and the interaction, and all that kind of stuff. >> Pretty fun space to be right now. >> Absolutely gorgeous place to be. >> There's so much talk about IT and the tech and IT in operations, but there's so much neat stuff happening really more on the creative side and in the arts. Leveraging technology in all different, new ways. >> Absolutely, it's kind of hand and glove, really. All the innovation that's happening is happening with the way that tech is disrupting what's happening in the creative workspace, and vice versa really. The two things are effecting each other. >> The channels of distribution now, being so open, there's no greater time to be an artist, a creator, because your path to publishing, your path to your audience is really, really short and direct, assuming you can get their attention. >> Absolutely, I think we recognize there's a huge opportunity there for us in terms of developing a competitive advantage in the sector using new, emerging technologies to forge a new path for the institution and help educate and bridge the skills gap for industry. >> What are the things you guys do, one of the classes is broadcast production, and we were talking to all of our guys behind the cameras that nobody can see, and that again is an evolving space and you guys, it's kind of an interesting play, on one hand you're talking about Shakespearian plays, on the other hand you're looking at the newest, latest, greatest way to get that out to consumers, to viewers, to schools, while training the people in the middle with the latest and greatest tools. You guys have started a AWS Elemental Experiment. I wonder if you can give us a little bit of color on that project. >> I can start, and I'll tell you about the impact that it has, and Andy might be able to follow up on some of the technical stuff. We've had a project going with the Royal Shakespeare Company in England, and it's one of their education programs where what we do is a three-way relationship between them, their plays being shot in Stratford-upon-Avon or in London, and one aspect of what happens is that what we do is host the live program that is shot in our TV production studio and jointly the recorded program and the live action is streamed to schools, several hundred schools at a time. Some of our recent shows have been reaching upwards of 85,000 school students at a time. >> 85,000? >> Absolutely. >> That is great reach. We'd been using the more traditional technology before and that was having some issues with school teachers and others that were saying they weren't getting a great service out of the live stream, and our students were a bit frustrated with what they were learning about the streaming technologies. Since having moved to AWS Elemental, that's really increased the satisfaction both of what our students are learning but also in what they're delivering in terms of the live streamed program and because they're streaming more than one thing, because we know that they're also streaming not just the content but also the British sign language. They're also streaming signed content as well. >> Great, great. Andy, you're on the hook for actually getting these systems up and working, right? >> (laughs) Well, I'm not sure about that, but I think Linda said it all, I think the previous stack of technology that we were using in this area were not reliable, we were getting a lot of jump outs with the streams, lots of complaints from our schools. This shift to Elemental has been transformational. Lots of really complimentary feedback from the schools that are taking part in this exercise. It's been really good. >> That's good, the story over and over with cloud basically anything is that the amount of scale and resources and expertise and hardware and software that Amazon can bring to bear on your behalf compared to what you can do on you own, it's just not the same and you're a relatively small school. It's that same scale delta whether it's a medium-size company, a big company, or multi-national. These guys have that massive scale across so many customers, and you get that delivered to your doorstep. >> As you well know, there's a massive shift taking place in the broadcast industry away from the, towards IP-driven technologies, so we see this as a real opportunity to develop our curriculum, add cloud technologies in to our existing courses and go on that journey away from the more traditional technologies to a cloud-based approach. >> I'm just curious if you've adopted cloud stuff in more your standard IT practices, or where are you on that journey? Or was the client satisfaction issue on these broadcasts what accelerated that adoption faster than your normal stuff? >> I think it's been quite closely related, in some ways. It's a bit kind of chicken and egg. We were already looking at ways of enhancing our infrastructure and this kind of stuff came along at the same time, so we just say how quickly can we get to move some of this stuff for our standard operational focus. >> I think most universities are in some sort of hybrid state running on premise services with some, putting their feet gently into the water of cloud technologies, but I think we're looking at really accelerating that journey towards AWS now for our infrastructure. >> I'm curious, were you here for the keynote this morning? >> Yeah, definitely. >> Did you see the Alexa movie with the kids in the dorm room? >> Yeah. >> Really exciting. Very exciting. >> I think one of the slides really sums up our journey and thoughts around working with Amazon. It's the IT transformation piece, then there's a adoption of machine learning in terms of improving the student experience, and then there's adopting cloud courses into our curriculum, so those three areas are really where we're looking to build a relationship with Amazon. >> It's interesting to see what defines this new education experience, because the kids have different expectations, they've all grown up with apps and mobile. To your point on the attention, if something's not working, they're used to flipping to another channel, switching to another input, so if it doesn't work, you only have their attention for a short period of time. I think it is really interesting to rethink what are the actual activities that define this new engagement and this new student experience while they're in your institution, and I thought that was a really pretty slick demo. >> That was a great example, really good demo. Some of the really exciting things that have come out of us adopting this technology thus far includes some students coming to us with ideas of setting up our very own television channel that we can broadcast on campus using this technology and a way of streaming it to students' phones and tablets so that they've got content about the university and it's activities on a regular basis. >> The ROI calculation for you to execute that when it's cloud-based is very, very different, right? >> Absolutely, yes >> It's pretty simple. (all laughing) Just buy a new rack of servers and the whole to-do. I'll give you the last word, what are you hoping to get out of these couple days here, what have you seen so far, any hallway conversations that are really getting your attention? >> Hopefully, not just a deeper relationship with AWS, but the traction to help us work towards innovating on creativity and technology into the future. >> Great. >> Brilliant. >> Andy goes I'm going to go with the Chancellor, smart man. (all laughing) >> Absolutely. >> Linda and Andy, thanks again for taking a few minutes-- >> Thank you very much. >> Absolute pleasure. and hope you enjoy the rest of your time here. >> Thank you. >> (mumbles) thank you. >> She's Linda, he's Andy, I'm Jeff, you're watching theCUBE, we're at AWS Imagine Education in downtown Seattle. Thanks for watching. (electronic tones)

Published Date : Aug 10 2018

SUMMARY :

From the Amazon Meeting Center, really coming from more of the artsy side of the house, to be here, really excited. For the people that aren't familiar with Ravensbourne, and the interaction, and all that kind of stuff. really more on the creative side and in the arts. All the innovation that's happening is happening with there's no greater time to be an artist, a creator, a competitive advantage in the sector using new, What are the things you guys do, one of the classes and the live action is streamed to schools, not just the content but also the British sign language. Andy, you're on the hook for actually getting these Lots of really complimentary feedback from the schools basically anything is that the amount of scale and resources in the broadcast industry away from the, towards IP-driven at the same time, so we just say how quickly can we get to feet gently into the water of cloud technologies, Really exciting. of machine learning in terms of improving the student the actual activities that define this new engagement Some of the really exciting things that have come out Just buy a new rack of servers and the whole to-do. but the traction to help us work towards innovating Andy goes I'm going to go with the Chancellor, smart man. and hope you enjoy the rest of your time here. She's Linda, he's Andy, I'm Jeff, you're watching theCUBE,

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Bill Allen, Los Angeles Economic Development | AWS Imagine 2018


 

>> From the Amazon Meeting Center in downtown Seattle, it's theCUBE. Covering: Imagine A Better World, A Global Education Conference. Sponsored by Amazon Web Services. >> Hey welcome back everybody, Jeff Frick here with theCUBE. We're in downtown Seattle at the AWS IMAGINE education event, first time ever, 900 people registered, over 20 countries represented, Teresa gave the keynote, a lot of exciting stuff. And one of the big announcements is some of the work that's happening down in Los Angeles with all the community colleges there. We're excited to have, right off the keynote stage, he's Bill Allen, the CEO of the LA Economic Development Corporation, who's been instrumental in getting this thing off the ground. Bill, good to see you. >> Jeff, it's great to be with you today. This is an exciting moment for us, rolling out this very successful pilot program to all 19 colleges that are part of the LA Regional Consortium. >> So let's jump in, it's called the CA Cloud Workforce Project. >> Yeah, the California Cloud Workforce Project. We have obviously millions of businesses in California, in our own region 250,000 business with employees that are looking to convert to the cloud, take advantage of the exciting tools and resources available to them in the cloud, but they need the skilled workers in these firms to help migrate this transition and that's what our community colleges are stepping up to provide with the help of Amazon Web Services and AWS Educate. >> So it's really interesting cause you know it's a special role that community colleges play within the whole education system, and we could have a whole long debate over adult beverages on a Friday about the state of the education system but specifically here, there is a huge gap and people think technology's taking jobs away. They're taking some jobs away, but they're opening up a ton of new jobs and go no further than looking at the jobs open recs, there's lots and lots and lots of jobs to fill. So how did it come to be to tie that back directly to real skills, that you can actually have real kids take real jobs? >> Well we see these transitions happening all across the industry sectors in Los Angeles and we have a broad array: aerospace, entertainment, digital media, life sciences, transportation logistics. >> It's the little technology, right. >> Advanced transportation. they're all undergoing significant changes and they're all becoming more technology enabled, more technology dependent. And the opportunity exists to train workers for these technology enabled jobs that provide good wages and good benefits, and help our businesses compete globally and take advantage, fully leverage all these advances and innovations. We formed a center for a competitive workforce with all of our 19 colleges, using their labeled market researcher economists and our own economists in the institute for applied economics at the LAEDC, to study the evolving demand for labor and skills in the various occupations in these industry sectors and compare that against the supply side of our labor market. >> Right, right. >> To enhance our talent development pipeline, and its led to new programs such as this. This was one of the clear areas of opportunity was cloud computing skills. The first program we launched at Santa Monica College, had two sections they rapidly sold out, we had to expand it to seven sections. More than 300 students participated in the first year of courses. 230 are signed up for this Fall 2018. And it's an extraordinarily successful program, but now the other 18 community college presidents have all stepped up and said we're going to roll this out on our campuses beginning this August at East Los Angeles college and historic East LA, part of our community which, speaks to the diversity opportunities. >> Right. >> We have a very diverse population in Los Angeles and many of our communities have been underrepresented historically in the technology fields. They are really interested in accessing the skills and opportunities, and they are really taking up these courses with enthusiasm from our local high schools to our community colleges. And I think it's going to help us in Los Angeles really diversity our technology workforce, and that helps our companies expand globally. >> Right, so I'm just curious, what are some of the skills when you did the research that popped up in terms of specific types of jobs? Because we've all see the pictures of data centers, they are usually pretty clean, there's not a lot of people walking around. But there are people that really need to make it go. So what were some of those kind of job titles and job skills that leapt out that have such demand, and field demand. >> There's so much need for data scientist, there's so much need for machine learning capabilities, there's so much need for basic cloud computing, cyber security, really all of these advanced technologies that are data dependent, data analytic, data science, really are emerging as important components of each and every industry sector that I mentioned earlier that exists in our community and throughout the world. And so our job is to try and share that knowledge with our community colleges, our state universities, our four year public and private institutions, and even our k-12 institutions so they can begin to adjust their curriculum to ensure that they're creating pathways of learning at the earliest ages, and then specific coursework in these emerging opportunities throughout the career ladder, throughout the career development pipeline in the LA area. >> So I want to touch base on the k-12 because I think an interesting component of this program is each community college is paired up with at least one, I don't know if there's more than one high school in their area. And it's always been kind of interesting to me that it's been so hard to get kind of CS baked into kind of the standard high school curriculum. You've got kind of the standard math track with trig and Calc, and Algebra I and Algebra II, you've got kind of the standard science track with Physics, and Bio, and Chem. But it's been really hard to wedge CS into that. So are you finding with programs like this, kind of the adoption or the embracing of the CS curriculum at these lower, lower levels is finally getting some steam? >> We are, interestingly our students have often been ahead of our institutions in understanding the demand and the opportunity, and they've been clamoring for these kinds of opportunities. And our industries are becoming more aware of the roll that they can play in helping our schools develop the curriculum, purchase, acquire, maintain the equipment associated with this. Whether it's hardware, or software. And these partnerships that are emerging originally around some theme based academies in our schools, both charter schools and traditional public schools have been helping the broader school districts engage more deeply in the development of curriculum to prepare a more technologically literate workforce for the future. >> Right, now what if you could speak a little to the public private partnership. You're with the economic development corporation, you mentioned LA chamber of commerce's involved and now you've got a big company like AWS, there's a lot of resources to bring to bare and also a lot of open job recs. How does that work, and how have they helped you partner with Amazon AWS kind of move your initiative forward? >> So Amazon and the AWS platform have been terrific partners and specifically the AWS education initiative, have been terrific partners and are really shining the way, lighting the path for other major employers in our region. The students who graduate with this program will not only be valuable to Amazon itself but so many of its customers who are migrating to the cloud platform. But we have companies like Northrop Grumman who are partnering with community colleges to develop talent for their joint strike fighter program in the North end of our county, and hiring people for well paying jobs. Amazon has premier partners in their AWS educate partner program like Anaca who are providing internships for the graduates of this program. So the public and private sector are working closely together, that's why the LAEDC and the LA chamber were asked to get involved in this so we can bring employers to the table, who are really forward looking in their approaches to developing their future talent pipeline. And really desirous of developing the more diverse talent base that is in Los Angeles to fill the needs as so many of the workers in these industries are aging out of the workforce. We need a significant number of newly skilled young people in our communities to take on the future of each of these industries. >> Right, so we're both big fans of Teresa Carlson she kicked things off today. If we come back a year from today, which I assume we will, what are we going to be talking about? How do you see kind of the next year? What are your kind of short term goals and more medium term goals? I won't even ask you about long term goals. >> As I mentioned we had a few hundred students sign up for this so much so that we had to expand the sections from two to seven, I think you're going to see thousands of students taking advantage of this across our region. We have 300,000 students in our community colleges in this LA regional consortium. >> 300 thousand? >> 300 thousand students. >> Make a big impact. >> And I think a significant number of them are going to want to avail themselves of these types of opportunities. We're projecting through our center for competitive workforce, thousands of job openings in this area and so we have a ways to go of scaling this up to the thousands of students who should be taking these courses, and preparing themselves for the well paying jobs in these careers in Los Angeles and the broader Southern California mega region for which our community colleges train such a healthy percentage of our workforce. >> Alright Bill, well sounds like you're off and running, and wish you nothing but the best. >> Jeff, thanks so much, great talking to you. >> Alright, he's Bill, I'm Jeff. You're watching theCUBE! We're at AWS Imagine education in Seattle. Thanks for watching. (upbeat music)

Published Date : Aug 10 2018

SUMMARY :

From the Amazon Meeting Center We're in downtown Seattle at the AWS IMAGINE Jeff, it's great to be with you today. the CA Cloud Workforce Project. in the cloud, but they need the skilled workers and go no further than looking at the jobs open recs, all across the industry sectors in Los Angeles And the opportunity exists to train workers in the first year of courses. in the technology fields. and job skills that leapt out that have such demand, pathways of learning at the earliest ages, kind of the adoption or the embracing of the CS curriculum and the opportunity, and they've been clamoring and also a lot of open job recs. So Amazon and the AWS platform have been and more medium term goals? the sections from two to seven, in this area and so we have a ways to go of scaling and wish you nothing but the best. We're at AWS Imagine education in Seattle.

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Marvin Martinez, East Los Angeles College | AWS Imagine 2018


 

>> From the Amazon Meeting Center in Downtown Seattle, it's the theCUBE. Covering, Imagine: A Better World, a global education conference, sponsored by Amazon Web Services. >> Hey welcome back everybody. Jeff Rick here with theCUBE. We're in Downtown Seattle Washington at the AWS Imagine Education Conference. First one they've ever done about 900 registrants. People from over 20 countries are here. Theresa Carlson gave the kickoff and it's a pretty exciting event. We've seen this movie before with Amazon. They get involved in a project, and it grows and grows and grows. So this is all about education. It's about education institutions. It's about students obviously, which are the core of education, and we're really excited to have our next guest. It was a big announcement that happened today. He's Marvin Martinez, the President of East Los Angeles College. Marvin great to see you. >> Thank you, pleasure to be here. >> So you're getting ready to go up on stage. it's a big announcement so tell about what it is. It's called the California Cloud... >> Computing. >> Computing Initiative. >> So this is what we've done. We've been developing for the last year a certificate where students can take a number of classes, which is basically a total of 15 units, and they're able to earn at the end of 15 units, a certificate in cloud computing. And the goal is to get them trained quickly to get them out to work quickly. Eventually we hope that the certificate evolves into a degree program, so then we're hoping that the students come back and they get their associate of our certificate and they're able to get even a better job, which is really the goal of this program is we want to get them started, want to get them excited, get them into an entry-level type of job, then they will know they like it. They're going to come back. They'll get that degree, you know do even better right. >> So let me, I just want to make sure I get this. This is a California Cloud Workforce Project. So it's really about the workforce and giving these kids the skills. So it's funny though Marvin where everybody says technology is taking away jobs. They forget yeah they take away some jobs, but there's new jobs created. >> All the time. >> All the time, there's a ton of openings especially in the engineering field and in the cloud, but so what are some of the cloud skills specifically that that kids are taking to get the certificate? >> Well you know the skills they're taking specifically so they could eventually work with some of the major industries in our area. Obviously from Amazon and other similar industries and similar businesses, and there's many of them. Los Angeles you know quickly is becoming the new Silicon Valley. So a lot of industries are moving. They call us all the time, they call me all the time, and say that you have trained students. We will hire them right now and we'll pay them a good salary. So no doubt it's a motivation for us because that's who we are as community colleges. We are here to serve students. We are here to get them trained, get them up there quickly and respond to the needs of industry, that area. >> So it's a really interesting planning that it's the community colleges that you guys have all come together. I think the number's 19 as part of this. So A, you know that you're doing it as a unified effort. So kids at a broad area can take advantage, and also you're also partnering with individual high schools. Each Community College is partners with an individual high school. So how does that work? How does that kind of come into fruition? >> Well you know, one thing that we want to do is that as we work with high schools, high schools today are also under pressure to ensure that their students are being trained well and that if they just get a high school diploma they can go and work somewhere. But also today high schools are getting smart. They're saying hey how do we work with a local college so that when students graduate, they graduate with a high school diploma and a degree from a college. So and why are they doing that because they know in order to be competitive, a young person needs to have these degrees. Today if you want to be competitive a high school diploma may not be enough. So we notice that motivation there. Secondly we're able to get students on a college campus, get them developed get them, they're mature, get them to take a college-level course and then they're able to go out and obviously and work once they complete this program. So the relationship is a natural one. It's one that high schools are seeking from us, which is great. That has not been the case all the time. Usually we've gone to them, but now they're coming to us and saying we need you help us out. >> The part I like about it too is the kids are smart. And they're like why am I taking philosophy? How am I going to use philosophy in my job, that or why am I taking this or why am I taking that? These are really concrete skills that A, they can go look in the newspaper today or I guess I don't know if they look in newspaper for jobs because couldn't find a newspaper if you threw it at them, but they could go seek the job listings at the Amazon sites and also they are working with this technology, they live in this technology, so it's not something foreign or something new. It's something they experience every day. So it's got to be a pretty easy sell I would imagine. >> It's an easy sell. Young people today are different than the way that we grew up. I grew up at a time where there were no cell phones, there was no bottled water. It was a whole different time. Young people today as you're seeing grow up with these technologies. It's part of the who they are. They more than just embraced it. So they welcome to use it in any way they can. So when we propose programs like these, guess what happens? They enroll en masse and that's because they understand it. They identify with it. Will they be willing to enroll in a Shakespeare class? They might but not as much as a class like this one. So no doubt the population today has changed, so part of my job is to introduce programs on the campus that I know will generate that kind of enrollment and interest. So we know that a program like this will do that and we just need to recognize the fact that the world has changed. Let me just add that we don't do that world's education institutions. As institutions we're some of the most conservative institutions in the history of this country. So for us to change it takes quite a lot. So what's forcing us to change, what was forcing us to change is that enrollment is down and not just in many of our colleges in LA but throughout the country. Enrollment is-- >> In Community colleges generally or colleges in general? Community colleges. >> Community colleges throughout the nation enrollment is down. And enrollment is down for a number of reasons. There's more jobs out there, so students are looking to go out and work, but also enrollment is down because of the curriculum and the courses that we have are just not interesting to them. So I think a program like this will help the campus. A program like this will get more students to come and take advantage of an incredible education that they can get at our campuses. >> I was just curious kind of what were the drivers of enrollment before that have kind of fallen away? Was it a particular type of skill set? Was it just that they don't want it generic anymore? They got to go get a job? I'm just curious if there was something that you had before that was appealing that you have now that's just not appealing anymore? >> Good questions. So the last time our economy was in bad shape when the employment was down. That was back around 2008-2009. Well guess what happened in our campuses? Enrollment was up. So when the economy is in bad shape people come back to school. When the economy is in great shape like it is today where there is a lot of jobs, enrollment is down. So we don't see the economy going down at all in a number of years. >> Anytime soon. >> So we have to develop programs that we think will be of interest to students first. Secondly we have to respond to the needs of the new economy. The new economy is now being dominated by these new technologies. We know about it, young people know about it. So when we develop a program like this and we know that it will generate interest. It will generate enrollment. And in many ways that's what drives the funding for a college. We're funded on the basis of how many people we enroll. So if we don't enroll a lot people, we have less money, so no doubt there's a motivation for us, a motivation for the entire system, to really partner with Amazon. And figure out a way for us to really get students train and to get them, hopefully get them a good job. >> So you segued perfectly. My last question was going to be kind of the role of Amazon in AWS, in terms of being a partner. I mean they obviously you know are thinking about things. Theresa's fantastic. She just talked about being from an education family, but at the same time you know they have their own reasons to do it. They need workers right? They need people to fill these jobs to fulfill Amazon's own growth beyond their ecosystem, their partners and customers etcetera. So what does it mean for you as an educator and part of this consortium of community colleges to have somebody like AWS come in and really help you codevelop and drive these types of new programs? >> Well it means everything. Number one we know that Amazon is a major employer. We know that the jobs that they have available are good-paying jobs. They have a career path and so we know it's a good direction for young people to take. So part of my job as an educator is many ways it's like a parent. You want to take care of your family, you want to take care of the kids and put them in the right path so they have the most success possible. Amazon offers that kind of path. So for us to partner with someone like Amazon is great. Secondly, students know who Amazon is. I don't have to sell them. They know who they are, and they know what Amazon can do and they know that it's a great career path for them. So now that I think it could be a great partnership for us but also it's an opportunity for Amazon to even continue further developing that workforce in Los Angeles in California. >> Alright Marvin, well thank you so much for spending a few minutes and I wish you nothing but the best with this California Cloud Workforce Project. Make sure I get it right? >> It's right. Thank you so much, I appreciate it. >> Thank you, alright he's Marvin, I'm Jeff. You're watching theCUBE. We're in Seattle at the Amazon Imagine Education event. First time ever, keep watching. It's going to grow and grow and grow. Thanks for watching. (electronic music)

Published Date : Aug 10 2018

SUMMARY :

in Downtown Seattle, it's the theCUBE. So this is all about education. It's called the California Cloud... And the goal is to get them trained quickly So it's really about the workforce and say that you have trained students. that it's the community colleges that you guys and then they're able to go out and obviously So it's got to be a pretty easy sell I would imagine. So no doubt the population today has changed, In Community colleges generally or colleges in general? and the courses that we have are just not So the last time our economy was in bad shape So we have to develop programs that we think will be but at the same time you know they have their We know that the jobs that they have available are but the best with this California Cloud Workforce Project. Thank you so much, I appreciate it. We're in Seattle at the Amazon Imagine Education event.

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Koda Kol, Roosevelt HS & Howard Stahl, Santa Monica Community College | AWS Imagine 2018


 

>> From the Amazon Meeting Center in downtown Seattle, it's theCUBE. Covering Imagine A Better World. A global education conference sponsored by Amazon Web Services. >> Hey, welcome back everybody. Jeff Frick here with theCUBE. We're in downtown Seattle at the AWS Imagine Educate Show. It's a public sector show. It's the first time they've ever done it really focusing just on education as opposed to the regular public sector show or the AWS Summits and re:Invent that you're very familiar with. We're excited to be here. One of the big themes here is colleges partnering with high schools. And we're excited to have our next guest really talk about how that's working in this program. We have Howard Stahl. He's a professor at Santa Monica College. Howard, great to see you. >> Thank you. >> And with him is Koda Kol. He's a teacher at Roosevelt High in East L.A. and also an adjunct professor at Santa Monica College. Welcome. >> Thank you. >> So, let's just jump into it. There's a big conversation about training people for the next generation of cloud skills. It's good for the kids, it's also good for the employers, it's good for Amazon, it's good for their customers and their partners. How are the kids feeling about this? How is this program being accepted by kids? Is it cool, is it something they want to do? How hard of a sell is it? >> The students are engaged. They're learning something that is immediately relevant to societal's demand. Our students, they're setting up, spinning up web servers, file servers, even VPN, and the VPN servers is going to disrupt the way schools strategize and implement security, because now when they go back to the high schools they're bypassing all these web securities using VPN. >> Right. >> But they really do love it. The students seem to really drink it up. >> They get it. >> Yeah, they do. >> So is there a particular classification of app or of all the different things that you're teaching 'em, database, security, this or that, that resonates more than others or what is it that connects to what they do every day that makes them think, "Hey, this is cool, I engage "these things every day. "What a great career to get into." >> Yeah, I think, they see Amazon in their daily life every day. Delivering them stuff, making them buy stuff, having them deliver things. And they can see as they peel apart the layers and see behind the scenes how Amazon actually gets that done. >> Right. >> And it seems immediately relevant to them. >> Right. >> And so the student interest has been fantastic. >> Been fantastic. And Koda too, I think it's always the thing too with, especially the kids when they're in high school, 15, 16 right, they're starting to get a little bit of attitude. "Why should I read 400-year English novels Dad, "how's that going to help me in my job?" or "Why am I taking chemistry, I don't want to be a doctor? "I get it I got to take it to get into college "but I don't really want to take Chemistry." This is probably something a little bit different in terms of direct visibility into the application. I mean, those other things have applications too, you just don't see it when you're 15. But this they can see, right? They can see how it's going to directly impact them in a positive way. >> Yes, and it also puts everyone at the same playing field. Students that normally fail their English classes, Math classes, now they're in the same classroom and learning content where everyone is on the same page. So, you got your high performing students also with your students that are failing a class, trying to discover what they want to do in life. >> Right. >> They're together, they're working together. Find a common interest and excelling, engaged and asking for more. "Where can we take more classes? "This is what I want to do, "this is where I want to be." >> That's great. Another thing, we were just at a high school competition called Technovation earlier this week where mainly girl's teams from all over the world building applications. Same kind of a thing. Get 'em involved in an application that they can really see a difference and they get it. And I wonder if some of your kids talk about, everybody wants to be mission driven today, and kids want to do stuff that has a higher impact on society, right? We've got four different garbage cans we have to sort our stuff in 'cause we want to be renewable and take care of the environment. Do they see that software is the easiest way to make a huge impact globally, do they get that? >> They get that, they see it. They're instantly creating servers in 5-10 minutes. Going on their servers, setting up websites. They see the relevance. They're taking advantage of the technology. >> Yeah, that's great. So Howard, I wonder if you could speak a little bit about how a partnership with AWS enables you to do things that you wouldn't be able to do if they weren't helping in this whole process? >> At SMC we've been working with AWS for about four years now to spin up this program. The partnership has been fantastic. AWS has been really giving and helpful. They helped train faculty. So we got professional development from them. Now, as part of this program students get credits on the platforms. Faculty get credits on the platform. They've been helping us with advertising and all kinds of other great things and it's really been a wonderful, wonderful partnership, really fantastic. And that industry connection really makes a big difference in making the program succeed. >> You mentioned something I want to follow up on in terms of the staff. We talk a lot about the kids here and the impact on the kids and their education, but I'm curious to get your take on how this has impacted the staff. This new classification of learning if you will, around cloud computing specifically. This subset of computer science which has had a hard time squeezing in between science and math, especially at the high school level. But how are the staff, the teachers taking to this? Do they see this as a great new opportunity? A bunch of new skills to learn? That's got to be kind of invigorating for them, I imagine as well. >> I think so. I think it's really invigorated people who've been around. It keeps us on our toes, makes us learn new things. It's very exciting for many of us and it has been great. And the wonderful thing about computer science is that it changes a lot. As I often say in math, "They haven't invented any new numbers." But in computer science, what I learned when I was in school. Oh my gosh, things have changed a great deal. And so there's a commitment to keep current. And in the community colleges definitely we try to keep our curriculum current with what industry needs. >> Right, I think it's a really great statement on the role of community colleges, in a very specific role to help match skills with needs in jobs. I mean just really concrete, really straightforward, really kind of a simple mission. >> Yeah, and Amazon actually has connected us with local employers near SMC that have helped us validate our curriculum and actually are very interested in hiring the graduates out of our program right away, 'cause there is such a dearth of industry talent in this particular field. >> Which is great, just to close that loop, right. And if I recall, your certificate program is the model now that's been rolled out to all 19 of the L.A. community colleges. >> Yeah, so this program has really spun up, and become much, much bigger than just one particular college. So we developed a number of classes at SMC and a certificate, and we're using that now as a model throughout L.A. county to bootstrap AWS skills in all the local community colleges. 19 other colleges are working with us. >> Right, right. Agreeing to run the same classes at their institutions. And that's very exciting as well. They've also agreed to find local partner high schools to work with as well. So we're really trying to build a hub of AWS experience down in L.A. in what we call "Silicon Beach". >> Right, right. And then the goal ultimately is to get an associate program, right, over some period of time when you get whatever the certification is, or that process. >> Yeah, so we're working on building an AA Degree in cloud computing as well. >> That's great. Koda, you look like you had something to jump in there. All good? >> All good. >> Okay, good. So I want to give you the last word in terms of what would you say to educators that are not in L.A. about what this type of program has brought to you, and more importantly your students in your everyday life at Roosevelt High? >> It has changed the lives of many students. It's changed my perspective on how I see education because in fact it was a little difficult getting the students to be engaged initially, but ever since we launched this cloud computing every student, we can't get enough classes, sections, open. We open one section up and it gets filled. The students are in class. They want to learn the material. It's a good time to be in education. I love it. >> Well good. Well thanks for sharing the passion, it comes through. >> Well the passion starts with our department chair, Howard Stahl here. He's very passionate and it resonates with all the staff members, which resonates with the students. So now we have the synergy that's happening that we hope to eventually distribute to all the other campuses, and make a model. Use Santa Monica as a model. >> Great. Well Koda, Howard, thanks for taking a few minutes. And, really enjoy this story. I look forward to the follow up next year. >> Thank you. >> Alright he's Koda, he's Howard, I'm Jeff! You're watching theCUBE from downtown Seattle at AWS Imagine Education. Thanks for watching. (upbeat music)

Published Date : Aug 10 2018

SUMMARY :

From the Amazon Meeting Center We're in downtown Seattle at the AWS Imagine Educate Show. And with him is Koda Kol. it's also good for the employers, and the VPN servers is going to disrupt The students seem to really drink it up. "What a great career to get into." and see behind the scenes relevant to them. "how's that going to help me in my job?" Yes, and it also puts everyone at the same playing field. "This is what I want to do, And I wonder if some of your kids talk about, They see the relevance. that you wouldn't be able to do in making the program succeed. But how are the staff, the teachers taking to this? And in the community colleges definitely on the role of community colleges, the graduates out of our program right away, that's been rolled out to all 19 of the L.A. to bootstrap AWS skills in all the local community colleges. Agreeing to run the same classes at their institutions. is to get an associate program, right, Yeah, so we're working on building an AA Degree Koda, you look like you had something to jump in there. So I want to give you the last word in terms getting the students to be engaged initially, Well thanks for sharing the passion, it comes through. Well the passion starts with our department chair, I look forward to the follow up next year. Thanks for watching.

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VideoClipper Reel | Automation Anywhere Imagine 2018 NYC


 

the problem people are trying to achieve is how to become a digital enterprise not just to automate but how do you create a digital enterprise you cannot become a digital enterprise unless your operations are digital you cannot make your operations digital unless your processes are digital and you cannot do that and let us say workforce is digital process automation helps get rid of the mundane and repetitive tasks but the ultimate goal is so that you can enable the humans to do more to enable a lot more creativity you're outside the box thinking we'll come up with new service models come up with new ways to solve things and this is only possible if you get rid of the repetitive mundane tasks which often block bounce down humans [Music] many more jobs we technically enable then will be eliminated by by technology there's gonna be some that are that are that are impacted more dramatically than others but I would I would actually say for most people the ability to have technology to help them do the day-to-day job is gonna have a much higher technology get adopted when you have to go and invest in it it takes passion you got to get people who believe people are committed people who want to go to do something come around like they have for all other things when computers came people had the same concern and Internet and ever I write I think in many ways this will help us help us improve our standard of living and take us to her [Music]

Published Date : Jun 8 2018

**Summary and Sentiment Analysis are not been shown because of improper transcript**

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Bill Raduchel | Automation Anywhere Imagine 2018


 

>> From Times Square, in the heart of New York City, it's theCUBE. Covering Imagine 2018. Brought to you by Automation Anywhere. >> Hey welcome back everybody, Jeff Frick here with theCUBE. We're in Manhattan at the Automation Anywhere Imagine 2018. 1100 people milling around looking at the ecosystem, looking at all the offers that all the partners have. And we're excited to have one of the strategic advisors from the company, he's Bill Raduchel. Strategic advisor, been in the industry for >> 50 years, 40 years, 50 years, whatever. Forever. >> So Bill, thanks for takin' a few minutes. >> My pleasure. >> So how did you get involved with Automation Anywhere? >> Oh the way most things happen in life, friends, right? You get involved, and got to talking to Mihir, and we got, we see the world much the same way. And see the importance of bots and bringing productivity back to the economy. And no other way to do it. So just ya know, it grew. >> It grew. So it's interesting right? Cause I though ERP was supposed to have rung out all the efficiency that, and waste in the system, but clearly that was not the case. >> I won both CIO of the year and CTO of the year, and I put in an ERP system, and I understand it. It also failed three times going in. It was incredibly painful, but it produced over a billion dollars in cash saving. So it did. The problem is the world changes. And the world changes now at a pace far faster than you can possibly change your ERP system. >> Right. >> I mean ERP systems are built to be changed every I don't know, 15 to 25 years. And the world in 25 years is gonna look very different than the world does today. So we just have a huge disconnect between how fast we can create and deploy software, and how fast the world is changing to which that software has to relay. >> Right. And still so many of the processes that people actually do in their day job, are still spreadsheet based, you know, my goodness. How much of the world's computational horsepower is used on Excel on stand alone little reports and projects? >> Another question to ask is how many errors are in those spreadsheets? >> That's right. Not enough copy paste. >> I mean, I was on a study for the National Academy of Sciences, and we looked at why productivity growth wasn't happening. And one answer, which we just talked about, is Legacy software. I mean, you just couldn't change it, you couldn't, you know when you had to rewrite the software all productivity growth just slowed to a crawl. The other thing is something that economists call lore. And lore is basically oral tradition. But it's the way the company really works. >> Right. >> You have all these processes and all these procedures but when you get down and you start talking and sort of like, what is it the secret boss show? I mean, you learn the little things that the people down at the bottom know. Well, so far, Automation has never really penetrated that. And yet that becomes the barrier to almost all change. So what RPA does, is RPA actually begins to go after lore. RPA allows companies to begin to understand lore, and understand how to optimize it. Understand how to record it. I mean, you know, it's not written down. It's below the level that people bother to document and yet, if you don't change the lore, you're not gonna matter. >> You're not changing anything. >> You're not changing anything. So this is why this is so exciting because for the first time, companies, organizations, people, I mean we see all this stuff coming out just to help us in our everyday lives. You get to go at the lore. I mean, you know that, well you don't put that field in, no you wait 20 seconds after you filled in this field before you go and do that, because it takes that long for that and you get an error over here. That's how things really work. And this is the kind of technology that can actually address that. And so for that point of view it's really revolutionary because we've never been able I mean, oral tradition has never been subject to a whole lot of scientific studies. >> Well the other thing is just so impressive when you've been in the business a long time, you know we're talking about AOL before we turn on the cameras and shipping CDs around. >> Right. >> As we get closer and closer to ya know, infinite compute, infinite storage, infinite networking, 5G just around the corner. At a price point that keeps absutodically getting closer and closer to zero, the opportunity for things like AI, and to really apply a lot more horsepower to these problems, opens up a whole different opportunity. >> Two comments to that. One is, about 15 years ago the National Science Foundation funded Monica Lamb at Stanford to do a project on the open mobile internet, POMI. And one of their conclusions was that at some point in the future, which may be happening now, we would all have a digital butler. And everybody would have, basically a bot. They would be living 24/7 operating on our behalf, doing the things that help make our life better. And that is you know, really what's gonna happen. Now you see AI, and if you saw there was a report that got a lot of news from the speech given at the Federal Reserve Bank at Dallas, I think. Where the guy said well productivity is fine, it's just that the AI technology hasn't been able to find a way to be effective, or made real. Well the way it's gonna be made real is these bots because you still got your ERP system. Now granted I can have AI over here, but if it doesn't talk to the ERP system, how is the order gonna get placed? How is the product gonna get mailed? How is it gonna get shipped? So something has to go bring these together. So again, you're not gonna have impact from AI unless you have an impact from bots. Because they're the interface to the real world. >> Well the other huge thing that happened, right, was this mobile. And the Googles and the Amazons of the world resetting our expectations of the way we should be interacting with our technology. And you know, it's funny but there's little things that are in our day all the time. I mean, Ways is just a phenomenal example, right? And auto fill on an address. You know, this is the address you typed in, this is the one that USPS says is the official address from your home. So it's all these little tiny things that are just happening >> Spell check. >> Without even, spellcheck. >> Spell check, I mean, the inventor of spell check is John Seely Brown. And he was giving a speech at the University of Michigan 15 years ago and the graduates weren't pleased. Here was a computer scientist gonna come talk to them and it's at the Michigan stadium, and they're throwing beach balls and no one's paying any attention. And the person who introduced him said and I wanna introduce John Seely Brown, the man who invented spell check. And he had a standing ovation from 100,000 people because that got their attention. They all knew that that was really important. No you're right. I mean, the iPhone is 10 years old. Well I mean smart phones are 20 years old. The iPhone is 10 years old, 10 and a half now. I mean, it's changed how we live our lives, how we do business, how everything goes. Anybody who thinks that the next 10 years is gonna be less change >> No, it's only accelerating. >> There's so many vectors. I mean a year ago, a friend coined the Cambric Extinction, basically a play on words on the Cambrian Extinction. And it's Cloud, AI, mobile, big data, robotics, Internetive things, and cyber security. And he pointed out that any one of those would be incredibly disruptive, they were all hitting at the same time. The thing that's amazing is that's a two year old comment. Block chain wasn't around. >> Right. >> And today, block chain may be more disruptive than any of those. And yet, how do all of those connect to the Legacy systems for some long period of time? It's what's going on in this room. >> Right. Well cause I was gonna ask you, cause you advise a ton of companies, so you've seen it and you continue to see it across a large spectrum. What's special about this company? what's special about this leadership team that keeps you excited, that keeps you involved? >> It's the people side of this, right. I mean, I have been to more computer related conferences in my life than I can count. I've never seen as much enthusiasm as there is here. Maybe, at a Mac conference. But I mean it's that same level of enthusiasm, it's passion. How does technology get adopted when you have to go invest in it? It takes passion. You gotta get people who believe. People who are committed. People who wanna go and do something with it. And that's what they've been able to do. That's what Mihir has done. And it's been brilliant in bringing that on board. >> Yeah, you can certainly feel it here in the room. Especially when it's still relatively intimate. >> Right. >> You know, people are sharing ideas, you know they're excited. It's really not kind of a competitive vendor fair, it's more of a community that's really trying to help each other out. >> Well that, I mean, they're at that stage. It may get a little bit, you know this, well no I'm not gonna tell you about my bot. It's a great bot and it does great things, but nope, I'm not gonna tell you how it works. >> Right. So just last parting word, you know as you see kind of the bot economy. We've seen they got the bot store, I guess they have a hundred bots, they've only had it open for a very short period of time. You can buy, sell, free. What do you see kind of the next short term evolution of this space? >> I think that bots are probably worth somewhere around a point in productivity growth. Well, a point >> Not a basis point, but a point point. >> A point. That's what Makenzie says, that's what, I mean because this is allowing you to capture benefits that you should of and you haven't. A point in global productivity is about a trillion dollars. So then your question for the bot economy is okay, if the value of the bots is a trillion dollars, what portion of that can the bot economy capture? And that you know, I mean 20 30 percent is certainly a reasonable number to go look at. The real world lives over here, all this technology change lives over here, and bots are gonna be the bridge by which you bring those two things together. So yes, it should be big and growing for a long time. >> Well Bill, thanks for taking a minute. I really appreciate the conversation. >> Great, thank you. >> Alright, he's Bill, I'm Jeff. You're watchin' theCUBE from Automation Anywhere Imagine 2018. Thanks for watching. (electronic music)

Published Date : Jun 1 2018

SUMMARY :

Brought to you by Automation Anywhere. that all the partners have. So Bill, thanks for And see the importance of all the efficiency that, And the world changes And the world in 25 years And still so many of the That's right. But it's the way the company really works. I mean, you know, it's not written down. I mean, you know that, well Well the other thing 5G just around the corner. it's just that the AI And the Googles and the I mean, the iPhone is 10 years old. on the Cambrian Extinction. to the Legacy systems for that keeps you excited, I mean, I have been to more feel it here in the room. you know they're excited. It may get a little bit, you know this, So just last parting word, you know I think that bots are And that you know, I mean 20 30 percent I really appreciate the conversation. from Automation Anywhere Imagine 2018.

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Kevin Kroen, PWC | Automation Anywhere Imagine 2018


 

>> From Times Square, in the heart of New York City, it's theCUBE. Covering Imagine 2018. Brought to you by Automation Anywhere. >> Welcome back everybody, Jeff Frick here with theCUBE, we are at Automation Anywhere in midtown Manhattan, 2018, excited to have our next guest, he's Kevin Kroen, he's partner of financial services, intelligent automation leader at PWC, Kevin, great to see you. >> Thank you. >> So financial services seems to be a theme, we're here in Manhattan, why is financial services an early adopter or maybe a frequent adopter or an advanced adopter of the RPA technology? >> Sure, so I think as we see our financial services clients and their agendas, there's been a huge focus on productivity and simplifying their overall operating model over the past couple of years. Banks in particular have gone through several years of having to focus their spending on non discretionary manners like regulatory compliance and risk management. And what that's generated is a need, as they started looking towards the next generation to really start thinking about what they're gonna look like in a post regulatory environment. And automation has quickly risen to the top of the agenda. >> What they're gonna look like in a post regulatory environment. >> Yes. >> Why a post regulate? >> Well I mean if you look through, you know what banks have had to deal with in term of Dodd-Frank, in terms of CCAR, you know, the regulation from federal reserve, these are things that took a lot of spending both on implementing operational processes and on implementing technology. A lot of that work is starting to you know, the banks are putting that behind themselves and so as they look forward and look at how they're going to gain more profitability in the future, the challenge becomes, there's not necessarily a new set of product innovation coming in, and so you have to really look at the expense line. >> Right. >> And so because of that automation has risen to the top of that agenda and so this continues to be one of the top areas of interest that we're getting from our clients. >> Right, so when you say post regulatory, you mean like a new regulation that they have to respond to, not that they're suddenly not gonna be regulated. >> There's not a lot of new regulations coming in right now, especially- >> That pesky one last week, GDRP. >> Yeah but in the US we're in an environment right now, there was just, you know, the revisions to the Dodd-Frank bill that were passed a lot of regulatory rules were actually being loosened so you don't necessarily have an increase in dollars that are going to be going into that. >> Right right, so it just always fascinates me, right, I thought ERP was supposed to wring out all the efficiency in our systems but that was not the case, not even by a long shot and now we continue to find these new avenues for more efficiency and clearly this is a big one that we've stumbled upon. >> Yeah, you know I think it's interesting, when you look at big technology investment over the last decade or two, you could argue a lot of efforts been focused at what I call the kind of core infrastructure and core plumbing so you know, how do I consolidate data into a single location? How do I make sure that data reconciles into different parts of my organization but that like kind of last mile of what someone does as part of their day to day business process was never really addressed, you know or is only addressed in pieces, and so I think as you start looking at the productivity term and how you actually start getting efficiency, we have very few clients that are saying, I want to take on that next big ERP type of limitation or I'm ready to spend 300 million dollars on a new project, they're looking to try to get the most value out of what they already have and they're actually looking to look at that last mile and how can they actually gain some benefit off it so the RPA technologies I think we're one of the catalysts of just being the perfect technology in the right place at the right time from a current business environment, a current technology spend perspective. >> Yeah it's pretty interesting Mihir was talking about, you know one of the big benefits is that you can take advantage of your existing infrastructure, you know, it's not a big giant rip and replace project but it's, again, it's this marginal incremental automation that you just get little benefit, little benefit, little benefit, end of the day, turns into a big benefit. >> Yeah, and I think that's, you know, it's quick, it's fast, it's, you know it can be implemented in an agile manner and you know, our clients are continuously telling us over and over again, they're willing to invest, but they wanna invest where they're gonna see a tangible payback immediately. >> Right. >> And I think when you start to talk the concept of digital transformation, it can mean a lot of different things to a lot of different people but there are big picture changes that could be made, those may be longer term trends but they're more immediate things and more immediate benefits that could be gained and I think that's really the sweet spot of where RPA and Automation Anywhere fall into. >> I was just looking up Jeff Immelt in his key note said this is the easy fountain money of any digital transformation project, I think that was the quote, that you'll ever do. That's a pretty nice endorsement. >> Yeah and it's, as we go out, we talk to CFOs, COOs, CIOs, you know, it's, the value proposition is really attractive because, you know, there have been, there's a track record of failed, technology projects failed big transformation projects and, you know, no one wants to necessarily risk their career on creating the next big failure and so I think using technology like RPA almost as an entry point or kind of like a gateway drug into the digital world, see the benefits, start to understand what are some of the business problems and historical kind of, you know, things you're trying to untangle in your infrastructure, attack that and then, you know, start to layer on additional things on top of that, once you get good with RPA and then you can start figuring out, okay, that's they gateway to artificial intelligence, okay how do I start to apply AI across my organization? As you get beyond AI, okay, how do I get into, more advanced state infrastructure and you can start thinking about this world where you can, you know, rather than do the big, five year project where you're gonna try to solve world hunger, it gives you a chance to kind of incrementally go digital over time and I think that's definitely the direction we see a lot of our clients wanting to go in. >> Right, Kevin I want to get your feedback on another topic that came up again in the keynote, was just security, you know it was like the last thing that was mentioned, you know, like A B C D E F G and security, financial services, obviously security is number one, it's baked into everything that everyone's trying to do now, it's no longer this big moat and wall, but it's got to be everywhere so I'm just curious, from the customer adoption point of view, where does security come up in the conversation, has it been a big deal, is it just assumed, is there a lot of good stuff that you can demonstrate to clients, how does security fit within this whole RPA world? >> You know with security and I would just say the broader kind of risk management pieces to the operator infrastructure are one of the first questions we get asked and a highly regulated environment like financial services, you know, the technology is easy and powerful with RPA but you also have to take a step back and say okay, I can program a bot to go do anything in my infrastructure, and that could mean running a reconciliation or it could mean going to our wire system and trying to send money out the door. And so there's a lot of concern around, not only understanding the technical aspects to you know, how the tools work with different types of security technologies, but more looking at your approach to entitlements and your approach to how you actually manage who has access to code bots, deployed bots in production, the overtime, understand what happens, you know we did a presentation to a board of directors a couple months ago on kind of automation more broadly and you know this is, you know, senior level executives the first question we got was, you know, okay, how do I prevent the 22 year old kid that just came off of campus from building a bot that no one knows about, setting it loose in our infrastructure and it going rogue, right? And so I mean this group was pretty savvy, they caught onto it very quickly and you know, the CIO of this client was sitting next to me and she kind of didn't have an immediate answer to that and I think that was kind of the a-ha moment, this is something we really need to put some thought into around you know, who are we gonna let build bots, what policies are gonna be set around how bots get deployed into our production environment, how are we gonna monitor what happens? You know how are we gonna get our auditors, our operational risk folks, our regulators, how are we gonna get all our different stakeholder groups comfortable that we have a well controlled, well functioning bot infrastructure that exists? >> Right, cause the bots actually act like people, they're entitled as like a role right, within the organization? >> We have clients that have literally had to set bots up as new employees, like they get onboarded, they have a, you go to the corporate directory and you can see a picture of R2D2, right like and it's the way they get around how they get a bot intel to a system but it's still, it's not a human right, so you still have to have a policy for how you actually will get code that uses that bot entitlement to function right and so that has to be done in a well disciplined, well controlled manner. >> Right, because to give them the ability to provide information to help a person make a decision is very different then basically enabling them to make that decision and take proactive action. >> Exactly. >> Yeah, it's funny we talked to Dr. Robert Gates at a show a little while ago and he said the only place in the US military where a machine can actually shoot a gun is on the Korean border, but every place else they can make suggestions but ultimately it's gotta be a person that makes the decision to push the button. >> And we're seeing, you know, trying to equate that to financial services, you see a similar pattern where there are certain areas where people are very comfortable playing this technology, you know you get into accounting and reporting and you know more back office type processes, you got other areas that people are a little less comfortable, you know anything that touches kind of wire systems or touches things that, you know, going out the door, touches kind of core trading processes, things like that there's a different risk profile associated with it. I think the other challenge is too is RPA is getting the gateway drug into this going back to my previous point, as you start to layer additional technologies into this, you might have less transparency over understanding clearly what's happening, especially as artificial intelligence takes a much broader role in this and so there's gonna be a lot of scrutiny I think over the next couple years put into like how do I understand the models that are created by artificial intelligence technologies and those decisions that are being made because you, if your regulator says, okay, why did you make this decision, you have to be able to explain it as the supervisor of that intelligent bot, you can't just say, oh it's cause what the machine told me to do, as so, that'll be one of the interesting challenges that's ahead of us. >> Yeah it's good, I mean it's part of the whole scale of conversation, I had interesting conversation with a guy, talking about really opening up those AI boxes so that you have an auditable process, right, you can actually point to why it made the decision even if you're not the one that made it in real time and it's doing it really really quickly so. >> Exactly. >> Really important piece. >> Yeah and as PWC, it's one of our challenges, as a consultant I'm helping clients implement this, my colleagues in our audit practice are now grappling with that same question because we're increasingly being asked to audit that type of infrastructure and have to prove that something did what it was suppose to have done. >> Right, right, alright Kevin, well nothing but opportunities for you ahead and thanks for taking a few minutes to stop by. >> Okay, thank you for having me. >> Alright, he's Kevin, I'm Jeff, you're watching theCUBE from Automation Anywhere, Imagine 2018 in Manhattan, thanks for watching. (upbeat music)

Published Date : Jun 1 2018

SUMMARY :

Brought to you by Automation Anywhere. Kevin, great to see you. of having to focus their spending on in a post regulatory environment. to you know, the banks are this continues to be one of the that they have to respond to, there was just, you know, the revisions in our systems but that was not the case, and so I think as you start looking is that you can take advantage Yeah, and I think that's, you know, And I think when you I think that was the and historical kind of, you know, to you know, how the tools work with and so that has to be done Right, because to give them the ability that makes the decision and you know more back right, you can actually point being asked to audit opportunities for you ahead Imagine 2018 in Manhattan,

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>> From Times Square, in the heart of New York City, it's theCUBE. Covering, Imagine 2018. Brought to you by, Automation Anywhere. >> Hey welcome back everybody, Jeff Frick here with theCUBE. We're in downtown Manhattan at Automation Anywhere, Imagine 2018. Eleven hundred people buzzing all around us here. The eco system is hot, everybody's looking at all the various solutions, all the various bots, all the various activities going on. And we're excited to have relatively newcomer to the company. He's Kashif Mahbub, the VP, Product Marketing for Automation Anywhere. Kashif, welcome. >> Thanks for having me. >> So you said you've been here, we've had all the founders on I think, so you've been here about a year. So, first impressions, I imagine this is your first show, what do you think? >> It's actually my third show. >> Oh it is your show. >> Things are moving. >> Oh, were you a customer before? >> Company standard, yeah by company standards I would say I'm a veteran. (Jeff laughing) So we are doing these shows, all of these marketing activities at a very rapid pace. >> Very good, so one of the topics we haven't talked about so much today is this kind of digital workforce concept. And you guys have a really specific idea of what makes, kind of taking these things to actually be considered a digital workforce. So what are those three things that you guys combine, to have something that's unique in the market place? >> So we pioneered the concept of digital workforce. And in our parlance, in our definition, a digital workforce, especially at enterprise scale, comprises of three key components. RPA, which is robotic process automation. Cognitive automation, which is the ability of using AI and machine learning capabilities with the RPA. And last but not least, smart analytics. So, the combination of these three make up what we call a digital workforce. If any of one of these elements is missing, we feel that's not really a true digital workforce. So it is the workforce platform that we call enterprise, combines all of these capabilities together to really deliver a true enterprise class, digital workforce platform. >> Now how long have you guys been baking in the AI component of it, in the cognition piece. 'Cause there's a lot of talk about cognitive computing, and it's a big theme that IBM has had for a long, long time, and we're seeing AI work itself in to all kinds of interesting applications. Now kind of, where was your guys' AI journey, how long have you been at it, and where are you seeing kind of the break through to get to this digital workforce concept? >> So automation anywhere has been around for about 15 years now. So we have a very mature product. I look after the enterprise platform, and we just released version 11. So it makes it the most mature platform in the industry at the moment. Now to answer your question about AI, and bringing AI into it, that's fairly recent. But we are based in the heart of Silicon Valley, Google is one of our customers, so is Tesla, so is LinkedIn. These are three big AI companies, with their own AI Technology, yet they use Automation Anywhere platform as well. So, there is AI, and then there is AI with RPA. So think of it as purpose built AI capabilities that are infused through our digital workforce platform, to enhance our RPA capabilities. And you bring in analytics, then we talk about predictive analytics. So overall again, it's building a digital workforce that is enhanced by AI, that is enhanced by cognitive capabilities, so that RPA is not just RPA. It's RPA to the next level. >> Right, and really RPA that's gonna evolve. RPA that's eventually gonna write itself right, or write new versions of itself based on new things. And process improvement, new discoveries in terms of better ways to get things done. Using those other two legs of the spool. >> Yes, so you will see a lot of publications out there that talk about RPA evolving into AI, or AI taking over RPA. The fact is, there is again AI, and then there is AI combined with RPA. So if you take Google's example. Google uses us in the back end, yet it is one of the largest AI companies in the world. So AI, think of it as a big hammer. It has to be used very carefully, and we have purpose built AI into our product to make sure that we extract all the unstructured data. And then we, as Mihir mentioned, our CEO mentioned earlier in the key note, it is feeding this RPA monster that needs more and more data. And all of that data comes through our AI and cognitive capabilities. >> Right, and we know right, and for the machines to learn, they need more, and more, and more data so they get better and better. It's just the way computers do learn. It's very different from the way humans learn, it's a slightly different model. >> It's about building a digital map. You know, we use Waze and Google Maps and all of these different GPS driven capabilities to find our way around, Manhattan for example. Or Bay area for that matter. (Jeff laughing) Think of our digital workforce platform with AI capabilities and with analytics capabilities, as a digital map of an enterprise. We touch so many different infrastructure components. From CRM systems to ERP systems to HRIS systems, that the amount of data that we capture that passes through our system, gives us perhaps the best look that anyone can have into how data flows through an enterprise. And what's the best way to use it. >> Right, so I'm curious in terms of those vertical applications that you described, where have you seen the biggest impact now that you've started to bring the AI in? Are there certain verticals that are just ripe for significant positive change, and some that are less so? >> Yeah absolutely. So, there is a lot of data locked in documents still. So banking, finance and insurance. Those are the three verticals, three industries where our first step with our IQ Bot, which is our cognitive product. We have seen a lot of traction there. The reason for that is again, when we decipher these documents, when we decipher and capture all the data, we then use it very intelligently in automating the processes. So the first step to answer your question would be, organizations, industries that use unstructured data that is locked into their documents, all this dark data of methodology. We unlock that data, and then we use RPA and we feed this RPA monster to really automate the various processes. >> Every time you guys talk about all the data locked in these documents, I can't help but think of the old OCR days, when I got my first $1000 flatbed scanner to try to read a couple documents. It never worked back then, the era of a different place. >> Funny that you mention that because the OCR technology that got built into a lot of scanners later on, a lot of that technology we use under the covers, but at a much more enhanced level. So we partner with some of the best OCR technologies out there, but then we put AI on top of that to really take it to the next level. So when the data comes out of a simple OCR process, it's no longer just some data that you can, like we used to see. Now it's data that is structured, that can be automated in a few clicks. >> It has context right. And most importantly it has context, which makes all the difference in the world. Okay, so what are some of your priorities for next year, before I let you go. What are some of the things you're working on? If we sit down a year from now, what are we gonna be talking about that's new? Don't tell me any secrets, no NDA's have been signed here. (Jeff laughing) >> At Imagine, we come with an approach of an open book. Open kimono if you will, and we share all that we are working on. And all that we are working today, but also going forward. So AI is a big element of that. Automation, combined with any sort of automation, especially RPA combined with AI and machine learning capabilities, that's already, we have a product, as opposed to just an idea. It's a working product with dozens of organizations using it. But then we are infusing that AI into RPA, and making it intelligent RPA. Making it an intelligent digital workforce platform. That's the ultimate goal, and we are already well on our way. >> Alright well Kashif, thanks for a taking a few minutes of your time and congrats on a great show. >> Thank you, thanks for having me Jeff. >> Alright he's Kashif, I'm Jeff, you're watching theCUBE from Automation Anywhere Imagine 2018 in New York City, thanks for watching. (electronic music)

Published Date : Jun 1 2018

SUMMARY :

in the heart of New all the various bots, So you said you've been here, So we are doing these shows, all of these Very good, so one of the topics So it is the workforce platform guys been baking in the So it makes it the most mature platform to get things done. And all of that data comes through and for the machines to learn, that the amount of data that we capture So the first step to answer the era of a different place. So we partner with some of the best difference in the world. And all that we are working a few minutes of your time in New York City, thanks for watching.

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Ankur Kothari, Automation Anywhere | Automation Anywhere Imagine 2018


 

>> From Times Square in the heart of New York City, it's theCUBE, covering Imagine 2018. Brought to you by Automation Anywhere. >> Hey welcome back everybody. Jeff Frick here with theCUBE. We're in downtown Manhattan, actually midtown Manhattan, at Automation Anywhere Imagine 2018, 1100 people talkin' about bots, talkin' about Robotics Process Automation, or RPA. And we're excited to have the guy that counts the money at the end of the day; it's important part of any business. He's a co-founder, Ankur Kothari, Chief Revenue Officer and Co-Founder, Automation Anywhere. Ankur, great to see you. >> Great to be here, Jeff, thanks for having me. >> So, first off, as a co-founder, I think you're the third or fourth co-founder we've had on today. A little bit of reflection since you guys started this like 14 years ago. >> Yeah. Here we are, there's 1100 people, the room is packed. They had the overflow, they're actually all over us out here with the overflow for the keynote. Take a minute and kinda tell us how you feel about how this thing has evolved over time. >> It feels like a great party to be part of. Always, you're always happy. >> Right. >> One of the traits that you'll find a lot of co-founders is that they are always happy, never satisfied. They're always looking for the next big one. >> Right. >> But it's amazing to be part of Imagine because we learn so much from our customers and our partner as well. It's not just that we bring them together and we're talking. We're learning every time. It's becoming a big ecosystem. >> Right. >> And, an idea as big as a bot or a future of work is too big an idea for one company to continue. You want as many people to come. >> Right. >> So, our idea of Imagine was a little bit like Field of Dreams, you build and they'll come and they'll collaborate and it'll become bigger and bigger. >> And look all around us. I mean, we're surrounded by people and really, the ecosystem. >> And the bots as well, there are bots on the walls and everything else. >> Bots on the walls, partners everywhere. So let's dive into it a little bit. I mean, one of the ways that you guys participate in the ecosystem, and the ecosystem participates, is the Bot Store. >> Yes. >> So it's just like any other kind of an app store. >> Exactly. >> You've got people contributing. I assume you guys have contributed stuff. But we saw earlier in the keynote by Accenture, and EY, and Deloitte. And all types of companies are contributing bots into this ecosystem for lots of different functions or applications. So really, an interesting thing. How's that workin' out? Where'd you come up with the idea? And why's that so important? >> At Automation Anywhere we like to ask ourselves hard questions, as the leaders in this space. And we asked ourselves this question, "What can we now do to further accelerate our journey of all our customers to become a digital enterprise?" The answer came that we are to share in the new bot economy. Now once that answer was clear, every economy requires a marketplace. >> Right. >> And that's where the Bot Store came. It's a marketplace where producers meet the consumers, and you connect them. All we do is, we curate and make sure that the right things go up. But other than that, it's just like any other marketplace. And we thought that if we'll build the right marketplace where the producers meet consumers, we have thousands of customers and large companies looking at it. It will allow perfect place where all the right ideas get converted into product. >> Right. >> We have tons of partners who have domain expertise, functional expertise, vertical expertise; they can prioritize their expertise, they can convert it into IP. >> Right. >> They can do it for free, they can monetize it. So there's lots to gain for producers of all these bots. And if I am a consumer, now suddenly my time clock to make further shrinks, because instead of creating these bots all from scratch, I can download them from this Bot Store and snap them together like a Lego block. >> Right. >> So that's how the whole idea came. We launched it just two months ago and we have hundreds-- >> You just launched it two months ago? >> Yeah! And we have hundreds of bots in it. More than 80-100 partners have participated. We are getting at least 20-30 more submissions coming every day, and we have few hundred submissions coming every week. So, just like any free marketplace, it has an exponential nature. And that's the thing we are counting on. >> That's amazing, that you've got that much traction in such a short period of time. >> Thousands of downloads on a daily basis. Thousands of users just in two month's time. >> You know, we go to a ton of shows. We do over a hundred shows a year. And once shows get to a certain size, it starts to change a little bit. But when they're small like this, it's a very intimate affair on a couple floors here at the Sheraton, everyone is still really involved. They're really sharing. >> Yes. >> There's so much sharing of information. Not so much, you know ... Because they're not really competitors. Within their own companies, they're all part of this same team that are trying to implement this new thing. >> Exactly. >> And you really feel it. >> Exactly. >> So, the store's cool, but the bot economy. When you talk about the bot economy, we talk about API economy a lot. >> Yes. >> How do you see the bot economy? What are the factors that drive the bot economy, and how's it gonna evolve over time? >> We look at it as a few elements. The current version, we think that bot economy, like any economy, has a marketplace, which is our Bot Store. We have a program which we call Bot Games, because any good economy, any new economy, one of the trait is that the good idea can come from anyone. >> Right. >> It can come from anyplace. Like, any customers, any partner, anyone can bring. A good economy, what it does is it brings that idea from anyone, and it gives these vehicles for good ideas to take flight. If the idea is good, it becomes viral, and it has vehicles where those ideas can go to market. What we did was, we created a program called Bot Games. Yesterday on May 29th, we had the 1st Inaugural Bot Games. We invited developers, people who are part of these programs and their companies. And we gamified and created different games. And we thought that if we bring all these champions and pioneers and like-minded people in the same room, give them certain same problem, and then gamify it, put a clock on it, a lot of great ideas will come out of it. >> Right. >> And that came. And some of those ideas will make it to the marketplace, like a Bot Store, like an Imagine. >> Right. >> So that's where all the ideas connect to the customers. And the people who bring those ideas, they also come up. So that's the other aspect. So the Bot Games is where the ideas, you can crowdsource from places. Bot Store is where they go to the market. In between there is a gap. And we are trying to remove that gap by creating a stimulus package for this new bot economy. Like any economy time and again requires a stimulus pack, and we have created one. What we have done is that if you want to learn Automation Anywhere, right? If you want to understand, because that gap is you're to understand Automation Anywhere. We have created Automation Anywhere University a year ago. And now anyone can take courses for free to learn how to create bots. Whether they are customers or partners. And then, if you purchase these bots through one of our certified partners, the first three bots in year one are free. So we are removing the friction in between. If you have not started on this journey, your learning is free, you get ideas from different places, we can get these prebuilt bots, and the first three bots, if you purchase it through our partners, they are free. So we are removing that friction. And then, we are supporting that whole economy with the industry's largest customer success program. >> Right. So I'm curious if you know, maybe you don't know, of the bots in the bots store, how many are free and how many are paid, as a percentage? >> Interestingly, I don't have that stat because we don't actually worry about that. We let all our partners and people who are contributing to this Bot Store decide that. >> Right. >> Some bots they may decide to monetize, some they may not. It's listed on the Bot Store. Offhand, I would say-- >> Take a guess. Is it 50/50? A third? Two-thirds? >> The nature of it looks like 50/50. >> That's a good guess. Full caveat, it's a guess. We didn't do the analysis. >> Exactly. But here is the unique aspect. Yesterday we had a Bot Game, and the winner had an amazing idea that none of us had ever think of. He created this bot that automates the COE of all these programs. Now, we are talking. He is thinking of putting that on Bot Store. That's the power of bringing multiple people together. >> Right. >> That's the power of free economy, where the exponential nature of it is what we are counting on. And we are getting on a daily basis these new bot ideas, these new bots that are making it to the Bot Store. Just like your App Store. I go to App Store to get ideas what I can do on my phone. >> Right, right. >> Just like that, now we are finding our customers are going to Bot Store to figure out what else can they automate. >> Right, right. >> And that's been another amazing part of it. >> You know, it's so consistent. All these shows we go to, right? How do you unlock innovation? There's some really simple ways. One is, give more people the power, give more people the tools, and give more people the data. >> Exactly. >> And you'll get stuff out of it that the small subset of people that used to have access to those three things, they never found. They just didn't think of it that way, right? >> Exactly. And then we firmly believe that any technology, anything, once you democratize it, you give it in hands of everyone-- >> Right, right. >> You can't have a thriving economy unless everyone forms their own point of view. Unless everyone creates their own perspective. And that's our vision of this bot economy. We are bringing everyone and giving them these vehicles to try it out. Look, the technology has reached a stage where it's cheaper to try it out than talk about it. >> Yes. >> And we are doing that so that everyone forms their own unique point of view, and then they express that point of view and we connect those points of view to these thousands of customers worldwide. >> Right. >> Good ideas take flight, and all we have to do is create vehicles for those good ideas to take flight. >> Alright. So, Ankur, I gave you the last word before we wrap up here. If we come back next year, a year from now, inspired 2019, what are we gonna be talking about? What's on your roadmap? What're some of the priorities that you guys are workin' on over the next 12 months? >> We are talking about ... The next 12 months, we are looking at how to further accelerate this journey. Because what people are in this, the real problem people are trying to achieve is how to become a digital enterprise. Not just to automate, but how do you create a digital enterprise? You cannot become a digital enterprise unless your operations are digital. You cannot make your operations digital unless your processes are digital. And you cannot do that unless your workforce is digital. So we are trying to create technologies, vehicles, platforms, so that everyone can scale their program. Where pretty much everyone should have a digital colleague. Everyone should be able to create a bot. Everyone should be able to work with a bot. Every process, every department, every system should have a digital workforce working in it and that can allow you to create a digital enterprise that can scale up and scale down with the demand and supply. >> Alright-- >> That's what we are trying to start. >> Well, we look forward to gettin' the update next year. >> Exactly. >> Alright, Ankur, thanks for taking a few minutes out of your busy day with us. >> Thanks for having me here, and I appreciate and enjoy the conversation. >> Alright, he's Ankur, I'm Jeff. We're at Automation Anywhere Imagine 2018. Thanks for watching theCUBE. See you next time.

Published Date : Jun 1 2018

SUMMARY :

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Weston Jones, EY | Automation Anywhere Imagine 2018


 

>> From Times Square, in the heart of New York City, it's theCUBE. Covering Imagine 2018. Brought to you by Automation Anywhere. >> Hey, welcome back everybody. Jeff Frick here with theCUBE. We're in Manhattan at the Automation Everywhere Imagine 2018. About 1,100 people talking about RPA, Robotics Process Automation, bots, really bringing automation to the crappy processes that none of us like to do in our day to day job. And, we're excited to have a practitioner. He's out in the field. He's talking to customers all the time. It's Weston Jones, and he's the global intelligent automation leader for EY. Weston, great to see you. >> Yeah, thank you, good to be here. >> Absolutely, so it's funny, you said you've been with these guys for a number of years, so when did you get started, how did you see the vision when nobody else saw it, and here we are five years later, I think, since you first met 'em. >> Oh, I know, it's just funny. I mean, years ago I saw Automation Anywhere at conferences. They were one of the small booths, just like everybody else was, talking about automation. I watched them for several years, and then I decided one year when we were looking at some of our offerings to bring in RPA and talk to our leadership about it, and kinda the light bulbs went off. So, from five, six years ago 'til today we've been working with them, and it's really amazing to see kind of how things have changed, and how the adoption has taken place. >> You know, it's such a big moment in a startup, especially software company, when you get a big global integrator like you guys to jump in, you know, advisory service. It's really hard to do. I've been in that position myself, and you guys don't make the move unless you really see a big opportunity. So, what did you see in terms of the big opportunity that made you, you know, basically bet your career on this vertical? >> Well, so when I went to our leadership, in the meeting I had our global shared services leader. So, we have 7,000 plus people on our shared services, and he was very skeptical. We had to do 20 plus proof of concepts with him, and HR, IT, finance, et cetera, to get him excited about it. Now, he's our biggest fan, and actually we promoted him to run our global internal automation team where now we think we're one of the largest users of automation. We're one of the biggest users within tax. We use Automation Anywhere within tax. We have over 750 bots working, and we have a goal to have 10,000 plus by 2022. So, we're really pushing the bar in scaling. >> From 750 to 10,000, what are we, 2018, in four years. >> In four years. That's our goal. >> So, where did you find the early successes, what kind of bots specifically, what type of processes are kind of right for people that are interested, see the potential, but aren't really sure kinda how to get started, or to get that early success? >> Yeah, I mean, it's just almost like anything else, the quick wins, you know. Start with things that are very rules-based, that have a lot of people, FTs associated with them. You know, our thing wasn't that we were actually eliminating FTs, we were just developing capacity, 'cause we're a company that's growing, so instead of hiring more and more people, we took all that mundane work out of people's jobs and allowed them to focus on things that were more value-added. So, the block and tackle stuff-- >> Like what? Like, give me a couple of, you know, just simple stuff-- >> well, we have like HR onboarding, you know, we onboard 60,000 people a year. HR onboarding is something that's very repetitive activity, logging in and out of multiple systems. And, it was something where we were hiring HR professionals that knew how to do talent management, that knew how to do all these things we really wanted them to do, but we had 'em focused on doing a lot of very transactional type activities. So, we said why don't we use the technology for that. Let's free these people up so they can then focus on developing talent, career ladders, other things that we really wanted them to focus on. Other things like, you know, payments, matching, and payment application, things like that, password resets, you know, a lot of stuff that you, I mean, you can just think of in your head. A lot of stuff in finance, a lot of stuff in HR and IT. Even our supply chain, too. We're doing like T and Es, we're doing a lot of automation in our T and E area. But, that to say, I mean, I've mentioned all back office things. We're also doing a lot of front office. So, for example, in our tax department we use almost exclusively Automation Anywhere to do tax returns for clients. And, we have, I think, over a million plus hours that we've eliminated using Automation Anywhere. >> Now, how do you Automation Anywhere a tax return? >> Well, tax return is a very complex set of rules, and you basically, once you kind of load the rules in for certain activities, it's stuff like pulling data from one system into another, you know, doing multiple taxed jurisdictions. >> Is it just like particular steps within that, you just kinda pick off one little process at a time, one little process at a time? >> True, and then you can also put in, you can do a nice interface in the front, and you can have people giving you the data, and then you let the automation then get the data to the right parts within the tax return. >> So, I'm curious in terms of the people that create the bots. Who are they, kinda what skill sets do they have, and do you see that changing over time as you try to go from 750, whatever it is, a 20x multiple, over four years? Do you see kinda the population of people that are able to create and implement the bots growing? How do you, kinda, managing the supply side on on that? >> We have a philosophy that 70% of it's process, 30% of it's technology. We're fortunate that in our advisory area across all the major functional areas, supply chain, HR, finance, et cetera, we have process experts. So, we use those process experts to get the process down, and then what we do is we have core development teams around the world. We have a big team in India, a big team in Costa Rica. We have a team in China, and elsewhere. And, those are the developers. And, so our process people map out the process and then hand that off to the developer. So, developers, you know, we basically, I mean, with Automation Anywhere's help, we've trained them to do the work and they've made it more and more, as time goes on, they made it easier and easier for them to develop bots. And, so We've been able to take people almost right out of college. We've hired some high school students. We take people that, you know, two thirds of the American population doesn't have a college degree, so we hire non-college degrees and teach them how to do this. Not that it's easy, and to be really good you have to have time and experience, but we can teach them to do these types of activities for us. >> That's amazing. So, I wonder if you can share what are some of the biggest surprises, you know, kind of implementation surprises, or ROI types of surprises that you found in implementing these 750. >> Yeah, so one thing I tell people about is if you talk about the Gartner Hype Curve, you go up and you fall into the valley of disillusionment, and, you know, there's gonna be four or five of those valleys that are gonna happen, and you just need to power through them because the technology is so compelling, and the benefits are so compelling. I mean, there's over a dozen benefits whether it's cost savings, improved security, better accuracy, whatever. So, some of the surprises were scaling. Like, when I talk about the DIPSS, the D-I-P-S-S, DIPPS, the first one is gonna be data. People are gonna realize that their data isn't quite there in order to do the more intelligent activities. The integration, so integrating the RPA with the more intelligent pieces of the IQ bot, and other things, how do you do those integrations, how do you take other tools outside of that and integrate them. The third is penetration. I mean, penetration is very small right now. What happens is people tend to look at a whole process that needs to be automated when what you need to do is you need to think about breaking those processes apart. Like FPNA, for example, may have a couple dozen steps to it, but there are pockets of steps that are very automatable. For example, pulling data, structuring it, normalizing it, getting it into some kind of report, that can all be done by automation, then hand it off to someone to do more cognitive activities. So, the penetration is very small right now, but will continue to grow. The savings, you know, have realistic expectations on savings. When this first came out of the door a lot of people were talking very, very high numbers. I mean, you can get it every once in a while, but, the saving numbers, just be realistic about that. And, the last part is scaling. We found scaling to be something that, you know, at the time when we were doing it, very few people had done it. So, to figure out how do you scale, and how do you develop a bot control room, how do you manage the bots, how do you manage the bots interfacing with people, how do you manage the bots interfacing with other technologies. It's a lot more to it than just putting the bot up and letting it work, because they need care and feeding ongoing, because it's not related to the Automation Anywhere technology, it's more of the other things it touches, like website changes, like upgrades to different systems that the bot has to execute with. Those are gonna constantly change and you just need to make sure you're adjusting the bot to actually work in those environments. So, those are kinda the four or five things that we've seen. And, when we go from 750, to 1,000, to 10,000, I mean, we think we're gonna see much more orchestration type things. You know, how do you orchestrate in a more automated way across the bots, the people, and then the other technology. >> Right, it's funny on the scale issue 'cause they were talking about, you know, how do you go from 10 bots, you got 750 to 10,000, and there's been a concept under it that they are a digital workforce, implying that you have to manage 'em like a workforce. You gotta hire 'em, you gotta train 'em, you gotta put 'em in place, you gotta kinda keep an eye on 'em, you gotta review 'em every now and then, and really it's an active management process, it's not just set and forget. >> Yeah, we're hoping that we'll have, I mean, we have some of this already, but we'll have bots managing bots. Well, bots auditing bots. We'll have bots orchestrating bots. That's all gonna eventually happen. I think we can do some of it today, but it's gonna be more and more common. The orchestration piece is really the thing that is gonna be new, that is gonna drive a lot of people this hard to scale. >> The other two consistent themes that you just touched on that we talked a little bit before we turned the cameras on, is Amara's Law, my favorite. You know, we overestimate the short term, which Gartner might call the Hype cycle, but we underestimate in the long term. Really, the other one is kinda just DevOps, and there's DevOps as a way to write code, but I think, more importantly, is DevOps as a culture, which is just look for little wins, little wins, little wins, little wins, little wins, and, before you know it, you've automated a lot and you're gonna start seeing massive returns on that effort versus the, oh, let's throw it in, we're gonna get this tremendous cost savings on day zero, day one, or day 10, or whatever it is. That's really not the strategy. >> Well, I think a lot of people maybe don't like to hear this, but it's a journey. I mean, you start out using the technology where you can. So, it's not a technology play, it's solving your biggest, most complicated problems, that's the key. And, whatever technology you need to do that, use that. So, you do the RPA, then you get more benefit when you add the IQ bots, and the intelligent stuff, and you get more benefit when you start adding, you know, technologies that are even ancillary, like Blockchain, IoT, and things like that. You'll get more and more kind of benefits from this technology. >> All right, Weston, well, thank you for sharing your stories. It's good to get it from the front lines. And, good luck on making 20,000 bots in four years. >> Thank you, thank you. >> He's Weston, I'm Jeff, you're watching theCUBE from Automation Anywhere Imagine 2018. Thanks for watching. (upbeat music)

Published Date : Jun 1 2018

SUMMARY :

Brought to you by Automation Anywhere. and he's the global intelligent so when did you get started, and how the adoption has taken place. and you guys don't make the move and we have a goal to From 750 to 10,000, what That's our goal. the quick wins, you know. like HR onboarding, you know, and you basically, once you and then you let the and do you see that changing over time So, developers, you know, we basically, So, I wonder if you can share So, to figure out how do you scale, implying that you have to a lot of people this hard to scale. themes that you just touched on the technology where you can. All right, Weston, well, thank you Thanks for watching.

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Craig Le Clair, Forrester | Automation Anywhere Imagine 2018


 

>> From Times Square, in the heart of New York City, it's theCUBE. Covering Imagine 2018. Brought to you by, Automation Anywhere. >> Welcome back everybody, Jeff Frick here with theCUBE. We're in Manhattan, New York City, at Automation Anywhere's Imagine Conference 2018. About 1,100 professionals really talking about the future of work bots, and really how automation is gonna help people do the mundane a little bit easier, and hopefully free us all up to do stuff that's a little bit more important, a little higher value. We're excited to have our next guest, he's Craig Le Clair, the VP and Principal Analyst from Forrester, and he's been covering this space for a long time. Craig, great to see ya. >> Yeah, nice to see you, thanks for having me on. >> So, first off, just kind of general impressions of the event? Have you been to this before? It's our first time. >> Yes, I did a talk here last year, so it was a little bit smaller then. There's obviously more people here today, but it's pretty much, I think it was in Brooklyn last year. >> It was in Brooklyn, okay. >> So, this is an upgrade. >> So, RP Robotic Process Automation, more affectionately, probably termed as bots. >> Yeah. >> They're growing, we're seeing more and more time and our own interactions with companies, kind of on the customer service side. How are they changing the face of work? How are they evolving as really a way for companies to get more leverage? >> Yeah, so I'll make one clarification of your sentence, and that's, you know, bots do things on behalf of people. What we're talking to in a call center environment is a chat bot. So, they have the ability to communicate or really, I would say, attempt to communicate with people. They're not doing a very good job of it in my view. But, bots work more in the background, and they'll do things for you, right? So, you know, they're having a tremendous effect. I mean, one of the statistics I was looking at the other day, per one billion dollars of revenue, the average company had about 150 employees in finance and accounting ten years ago. Now, instead of having 120 or 130, it's already down to 70 or 80, and that's because the bots that we're talking about here can mimic that human activity for posting to a general ledger, for switching between applications, and really, move those folks on to different occupations, shall we say. >> Right, right. >> Yeah. >> Well it's funny, Jeff Immelt just gave his little keynote address, and he said, "This is the easiest money you'll find in digital transformation is implementing these types of technology." >> Yeah, it's a good point, and it was a great talk, by the way, by Jeff. But, you know, companies have been under a lot of pressure to digitally transform. >> Right. >> You know, due to really the mobile, you know, mobile peaked around 2012, and that pushed everyone into this gap that companies couldn't really deal with the consumer technology that was out there, right? So then you had the Ubers of the world and digital transformation. So, there's been a tremendous focus on digital transformation, but very little progress. >> Right. >> When we do surveys, only 11% are showing any progress at all. So, along comes this technology, Robotic Process Automation that allows you to build bots without changing any of the back end systems. There's no data integration. You know, there's no APIs involved. There's no big transformation consultants flying in. There's not even a Requirements Document because you're gonna start with recording the actual human activity at a work station. >> Right. >> So, it's been an elixir, you know, frankly for CIOs to go into their boss and say, "You know what, we're doing great, you know, I've just made this invoice process exist in a lot better way." You know, we're on our path to digital transformation. >> And it's really a different strategy, because, like you said, it's not kind of rip and replace the old infrastructure, you're not rewriting a lot of applications, you're really overlaying it, right? >> Which is one of the potential downfalls is that, you know, sometimes you need to move to that new cloud platform. You don't want, to some extent, the technology institutionalizes what could be a very bad process, one that needs to be modernized, one that needs to be blown up. You know, we're still using the airline reservation systems from 1950s, and layers, and layers, and layers and layers built upon them. At some point, you're gonna have to design a new experience with new technology, so there's some dangers with the seduction of building bots against core systems. >> Right, so the other thing that's happening is the ongoing, I love Moore's Law, it's much more about an attitude then the physics of a microprocessor, but you know, compute, and store, and networking, 5Gs just around the corner, cloud-based systems now really make that available in a much different way, and as you said, mobile experience delivers it to us. So as those continue to march on and asymptomatically approach zero and infinite scale, we're not there yet, but we're everyday getting a little bit closer. Now we're seeing AI, we're seeing machine-learning, >> Yes. >> We're seeing a new kind of class of horsepower, if you will, that just wasn't available before at the scale it's at today. So, now you throw that into the mix, these guys have been around 14 years, how does AI start to really impact things? >> It's a fascinating subject and question. I mean, we're, at Forrester, talking about the forces of automation. And, by the way, RPA is just a subset of a whole set of technologies: AI, you mentioned, and AI is a subset of automation, and there's Deep Learning, is a subset of AI and you go on and on, there are 30, 40 different automation technologies. And these will have tremendous force, both on jobs in the future, and on shifting control really to machines. So, right now, you can look at this little bubble we had of consumer technology and mobile, shifting a lot of power to the consumer, and that's been great for our convenience, but now with algorithms being developed that are gonna make more and more decisions, you could argue that the power is going to shift back to those who own the machines, and those who own the algorithms. So, there's a power shift, a control shift that we're really concerned about. There's a convergence of the physical and digital world, which is IOT and so forth, and that's going to drive new scale in companies, which are gonna further dehumanize some of our life, right? So that affects, it squeezes humans out of the process. Blockchain gets rid of intermediaries that are there to really transfer ideas and money and so forth. So, all of these forces of automation, which we think is gonna be the next big conversation in the industry, are gonna have tremendous effect societally and in business. >> Right. Well, there's certainly, you know, there's the case where you just you can't necessarily rescale a whole class of an occupation, right? The one that we're all watching for, obviously, is truck drivers, right? Employs a ton of people, autonomous vehicles are right around the corner. >> Right. >> On the other hand, there's going to be new jobs that we don't even know what they're gonna be yet, to quote all the graduating seniors, it's graduation season, most of them are going to work in jobs that don't even exist 10 years from now. >> Correct, correct, very true. >> And the other thing is every company we talk to has got tons of open reqs, and they can't get enough people to fulfill what they need, and then Mihir, I think touched on an interesting point in the keynote, where, ya know, now we're starting to see literal population growth slow down in developed countries, >> Yes. >> Like in Japan is at the leading edge, and you mentioned Europe, and I'm not sure where the US is, so it's kind of this interesting dichotomy: On one side, machines are going to take more and more of our jobs, or more and more portions of our job. On the other hand, we don't have people to do those jobs necessarily anyway, not necessarily today, but down the road, and you know, will we get to more of this nirvana-state where people are being used to do higher-value types of activities, and we can push off some of this, the crap and mundane that still, unfortunately, takes such a huge portion of our day to day world? >> Yeah, yeah. So, one thought that some of us believe at Forrester, I being one of them, is that we're at a, kind of, neutral right point now where a lot of the AI, which is really the most disruptive element we're talking about here, our PA is no autonomous learning capability, there's no AI component to our PA. But, when AI kicks in, and we've seen evidence of it as we always do first in the consumer world where it's a light version of AI in Netflix. There's no unlimited spreadsheets sitting there figuring out which one to watch, right? They're taking in data about your behavior, putting you in clusters, mapping them to correlating them, and so forth. We think that business hasn't really gotten going with AI yet, so in other words, this period that you just described, where there seems to be 200,000 people hired every month in the ADP reports, you know, and there's actually 50,000 truck driver jobs open right now. And you see help-wanted signs everywhere. >> Right, right. >> We think that's really just because business hasn't really figured out what to do with technology yet. If you project three or four years, our projections are that there will be a significant number of, particular in the cubicles that our PA attacks, a significant number of dislocation of current employment. And that's going to create this job transformation, we think, is going to be more the issue then replacement. And if you go back in history, automations have always led to transformation. >> Right. >> And I won't go through the examples because we don't have time, but there are many. And we think that's going to be the case here in that automation dividends, we call them, are going to be, are being way underestimated, that they're going to be new opportunities, and so forth. The skills mis-match is the issue that, you know, you have what RPA attacks are the 60 million that are in cubicles today in the US. And the average education there is high school. So, they're not gonna be thrown out of the cubicles and become data scientists overnight, right? So, there's going to be a massive growth in the gig economy, and there's an informal and a formal segment of that, that's going to result in people having to patch together their lives in ways they they hadn't had before, so there's gonna be some pain there. But there are also going to be some strong dividends that will result from this level of productivity that we're gonna see, again, in a few years, cause I think we're at a neutral point right now. >> Well, Amara's Law doesn't get enough credit, right? We overestimate in the short-term, and then underestimate the long-term needs affect. >> Absolutely. >> And one of the big things on AI is really moving from this, in real time, right? And all these fast databases and fast analytics, is we move from a world where we are looking in the rear view mirror and making decisions on what happened in the past to you know, getting more predictive, and then even more prescriptive. >> Yes. >> So, you know, the value unlock there is very very real, I'm never fascinated to be amazed by how much inefficiency there still is every time we go to these conferences. (Craig laughs) You know we thought we solved it all at SAP and ERP, that was clearly-- >> Clearly not the case. Funny work to do. >> But, it's even interesting, even from last year, you mentioned that there the significant delta just from year to year is pretty amazing. >> Yes, I've been amazed at the level of innovation in the core digital worker platforms, the RPA platforms, in the last year has been pretty amazing work. What we were talking about a year ago when I spoke at this conference, and what we're talking about now, the areas are different. You know, we're not talking about basic control of the applications of the desktop. We're talking about integration with text analytics. We're talking about comp combining process mining information with desktop analytics to create new visions of the process. You know, we weren't talking about any of that a year ago. We're talking about bot stores. They're out there, and downloadable robots. Again, not talking about last year at all. So, just a lot of good progress, good solid progress, and I'm very happy to be a part of it. >> And really this kind of the front end scene of so much of the development is manifested on the front end, where we used to always talk about citizen developers back in the day. You know, Fred Luddy, who was just highlighted Service Now, most innovative company. That was his, you know, vision of Citizen Developer. And then we've talked about citizen integrators, which is really an interesting concept, and now we're talking about really citizens, or analysts, having the ability via these tools to do integrations and to deliver new kind of work flows that really weren't possible before unless you were a hardcore programmer. >> Yeah, although I think that conversation is a little bit premature in this space, right? I think that most of the bot development requires programming skills today, and they're going to get more complicated in that most of the bot activities today are doing, you know, three decisions or less. Or they're looking at four or five apps that are involved, or they're doing a series of four or five hundred clicks that they're emulating. And the progression is to get the digital workers to get smarter and incorporating various AI components, so you're going to have to build, be able to deal statistically with algorithm developments, and data, and learning, and all of that. So, it's not.... The core of this, the part of it that's going to be more disruptive to business is going to be done by pretty skilled developers, and programmers, and data scientists, and statistical, you know, folks that are going through. But, having said that, you're going to have a digital workforce that's got to be managed, and you know, has to be viewed as an employee at some level to get the proper governance. So you have to know when that digital worker was born, when they were hired, who do they report to, when were they terminated, and what their performance review is. You gotta be doing performance reviews on the digital workers with the kind of dashboard analytics that we have. And that's the only way to really govern, because the distinction in this category is that you're giving these bots human credentials, and you're letting them access the most trusted application boundaries, areas, in a company. So, you better treat them like employees if you want proper governance. >> Which becomes tricky as Mihir said when you go from one bot to ten bots to ten thousand. Then the management of this becomes not insignificant. >> Right. >> So Craig, I want to give you the last word. You said, you know, big changes since last year. If we sit down a year from now, 2019, _ Oh. >> Lord knows where we'll be. What are we gonna talk about? What do you see as kind of the next, you know, 12-month progression? >> You know, I hope we don't go to Jersey after Brooklyn, New York, and-- >> Keep moving. >> I see Jersey over there, but it's where it belongs, you know, across the river. I'm from Jersey, so I can say that. You know, I think next year we're gonna see more integration of AI modules into the digital worker. I think with a lot of these explosive markets, like RPA is, there's always a bit of cooling off period, and I think you're going to see some tapering off of the growth of some of the platform companies, AA, but also their peers and compatriots. That's natural. I think that the area has been a little bit, you know, analysis and tech-industry loves change. If there's no change, there's nothing for us to write about. So, we usually over-project. Now, in this case, the 2.8 billion-dollar market project five years out that I did is being exceeded, which is rare. But I expect some tapering off in a year where there's not a ceiling hit, but that, you know, you end up with going through these more simple applications that can be robotized easily. And now you're looking at slightly more complicated scenarios that take a little more, you know, AI and analytics embedded-ness, and require a little more care, they have a little more opaque, and a little more thought, and that'll slow things down a bit. But, I still think we're on our way to a supermarket and a lot of productivity here. >> So just a little less low-hanging fruit, and you gotta step up the game a little bit. >> I guess you could, you said it much simpler then I did. >> I'm a simple guy, Craig. >> But that's why you're the expert on this panelist. >> Alright, Craig, well thanks for sharing your insight, >> Alright. >> Really appreciate it, and do look forward to talking to you next year, and we'll see if that comes true. >> Alright, appreciate it, take care now. >> He's Craig Le Clair and I'm Jeff Frick. You're watching theCUBE from Automation Anywhere Imagine 2018.

Published Date : Jun 1 2018

SUMMARY :

Brought to you by, Automation Anywhere. about the future of work bots, impressions of the event? but it's pretty much, I think it was in Brooklyn last year. So, RP Robotic Process Automation, kind of on the customer service side. and that's because the bots that we're talking about here "This is the easiest money you'll find in digital But, you know, companies have been under a lot of pressure and that pushed everyone into this gap Robotic Process Automation that allows you to you know, frankly for CIOs to go is that, you know, sometimes you need to move a microprocessor, but you know, So, now you throw that into the mix, and that's going to drive new scale in companies, Well, there's certainly, you know, On the other hand, there's going to be new jobs but down the road, and you know, first in the consumer world where And if you go back in history, that they're going to be new opportunities, and so forth. We overestimate in the short-term, And one of the big things So, you know, Clearly not the case. even from last year, you mentioned in the last year has been pretty amazing work. of so much of the development is manifested And the progression is to get the digital workers Then the management of this becomes not insignificant. You said, you know, big changes since last year. you know, 12-month progression? but it's where it belongs, you know, across the river. and you gotta step up the game a little bit. and do look forward to talking to you next year, He's Craig Le Clair and I'm Jeff Frick.

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Jeff Immelt, Former GE | Automation Anywhere Imagine 2018


 

>> From Times Square, in the heart of New York City, it's theCUBE. Covering IMAGINE 2018. Brought to you by Automation Anywhere. >> Hey, welcome back everybody, Jeff Frick here with theCUBE. We're in Manhattan, New York City, at Automation Anywhere's IMAGINE 2018. We've never been to this show. Pretty interesting, about 1,100 people talking about Bots, but it's really more than Bots. It's really how do we use digital employees, digital programs, to help people be more efficient, and take advantage of a lot of the opportunities as well as the challenges that we're facing as we keep innovating, I'm really excited to have our next guest. Jeffrey Immelt, the former chairman and CEO of GE, great to see you Jeff. >> Good to see you. >> Absolutely, last I saw you I think, was at Minds and Machines, and we're huge fans, >> A couple years ago, yep. >> Beth Comstock, I loved Bill Ruh, so you know, what a fantastic team. >> A great team. >> But here you are talking about Bots, and it's interesting because at GE you guys have been involved in big industrial equipment, as well as a huge software business, so you really figured out that you've gotta have software and people to really work with these machines. >> So you know Jeff, I really am a big believer that productivity is the key, and that we, we're seeing a bow wave of technology that's really gonna impact the workplace in a meaningful way. The reason why I like RPA, what we call Bots-- >> Right, RPA. >> Is because it can happen so quickly. It can happen across the organization. It has great productivity associated with it. So I kinda view RPA as being really one of the uh, let's say early wave technologies in terms of how to drive more automation and productivity in the workplace. >> That's funny, because people ask me they're like, what's the deal with some of these stock evaluations, is it real, and think back to the ERP days right, ERP unlocked this huge amount of inefficiency. That was a long, long time ago, and yet we still continue to find these huge buckets of inefficiency over and over. >> I think it's, I mean I think to your point, the early days of IT, really if you look at ERP manufacturing systems, even CRM. They were really more around governance. They were kind of connecting big enterprises. But they really weren't driving the kind of decision support, automation, AI, that companies really need to drive productivity. And I think the next wave of tools will operate inside that envelope. You know, ultimately these will all merge. But I think these are gonna get productivity much quicker than an ERP system or an MES system did. Which are really, at the end of the day, driven by CFOs to drive compliance more than operating people to drive productivity. >> Right, but what's driving this as we've seen over and over, that consumerization of IT, not only in terms of the expected behavior of applications, you know you want everything to act like Amazon, you want everything to act like Google. But also, in terms of expectations of feedback, expectations of performance. Now people can directly connect with the customer, with companies like they never could before, and the customers, and the companies can direct with their customer directly. Where before you had channels, you had a lot of distribution steps in between. Those things are kind of breaking down. >> I think that's for sure. I mean I think that's sure. I would say beyond that is the ability to empower employees more with some of these tools so you know, an employee used to have to go to the CIO with a work ticket, hey here's what I need. You know these Bots grow virally inside organizations. They're easy to implement. They're easy to see an impact very quickly. So I just think the tools are becoming more facile. It's no longer kind of a hierarchical IT-driven technology base. It's more of a grounds-up technology base, and I think it's gonna drive more speed and productivity inside companies. >> Right, so really it's kind of, there's always a discussion of are the machines gonna take our jobs, or are they? But really there's-- >> Jeff, I'm not that smart really I mean-- >> Well, but it's funny because they're not right? I mean, everyone's got requisitions out like crazy, we need the machines to help us do the jobs. >> Nobody has, nobody has easy jobs. The fact of the matter is, nobody has easy jobs. You know, a company like GE would have 300 ERP systems right? Because of acquisitions and things like that. And the METs not a complexity, manual journal entries, things like that. So to a certain extent these, this automation is really helping people do their jobs better. >> Better. >> More than thinking about you know, where does it all go some day. So I think, I think we're much better off as an economy getting these tools out there, getting people experience with them and, and uh, seeing what happens next. >> Right, it's funny they just showed the Bot store in the keynote before we sat down, and when you look closely, a lot of them look like relatively simple processes. But the problem is, they're relatively simple, but they take up a lot of time, and they're not that automated, most of them. >> One of my favorites Jeff, is doing a quote for a gas power plant would take eight weeks. Because now we have Bots, that can draw data from different data sources, you can do it in two and a half days right? So that's not what you naturally think of for an automation technology like this. But the ability to automate from the different data sources is what creates the cycle of time reduction. >> Right, and you're fortunate, you've sat in a position where you can really look down the road at some interesting things coming forward. And we always hear kind of these two views, there's kind of the dark view of where this is all going with the automation, and the robots. And then there's the more positive view that you just touched on you know, these are gonna enable us to do more with less and, and free people up to actually be productive, and not do the mundane. >> I think productivity, productivity enables growth. The world needs more productivity. These tools are gonna be used to drive more productivity. I think many more jobs will be technically enabled, than will be eliminated by technology. Clearly there's gonna be some that are, that are, that are impacted more dramatically than others. But I would actually say, for most people, the ability to have technology to help them do their day-to-day job is gonna have a much higher impact. >> Right. What do you think is the biggest misperception of this of this combining of people and machines to do better? Where do you think people kind of miss the boat? >> Oh look I mean, I think it's that people wanna gravitate towards a macro view. A theoretical view, versus actually watching how people work. If you actually spent time seeing how a Service Engineer works, how a Manufacturing person works, how an Administrative person works, then I think you would applaud the technology. Really, I think we tend to make these pronouncements that are philosophical or, coming from Silicon Valley about the rest of the world versus, if everybody just every day, would actually observe how tasks actually get done, you'd say bring on more technology. Because this is just shitty you know, these are just horrible, you know, these are tough, horrible jobs right? A Field Engineer fixing a turbine out in the, in the middle of Texas right, a wind turbine. If we can arm them with some virtual reality tools, and the ability to use analytics so that they can fix it right the first time, that's liberating for that person. They don't look at that and say, "Oh my God, if I use this they're gonna replace me." >> Right, right. >> They really need me to do all this stuff so, I think not enough people know how people actually work. That's the problem. >> It's a tool right? It's as if you took the guy's truck away, and made him ride out there on a horse I mean-- >> It's just a, it's just a, you know look-- >> It's just another tool. >> I remember sitting in a sales office in the early 80s, when the IT guy came out and installed Microsoft Outlook for the first time. And I remember sitting there saying, who would ever need this? You know, who needs spreadsheets? >> Right, right. >> I could do it all here. >> Yeah, little did you know. >> So I just think it's kind of one of those crazy things really. >> Yeah, little did you know those spreadsheets are still driving 80% of the world's computational demands. >> Exactly. >> Great, well alright I wanna give you a last word again. You're here, it's a very exciting spot. We call 'em Bots, or robotic process automation for those that aren't dialed in to RPA stands for. As you look forward, what are you really excited about? >> Oh look, I mean I always think back to the, to kind of the four A's really, which is uh you know, kind of artificial intelligence, automation, additive manufacturing and analytics. And I think if everybody could just hone in on those four things, it's gonna be immensely disruptive, as it pertains to just how people work, how things get built, how people do their work so, when you think about RPA, I put that in the automation. It's kind of a merger of automation and AI. It's just really exciting what's gonna be available. But this, this bow wave of technology, it's just a great time to be alive, really. >> Yeah, it is. People will forget. They focus on the negative, and don't really look at the track, but you can drop into any city, anywhere in the world, pull up your phone and find the directions to the local museum. Alright, well Jeff, thanks for uh taking a few minutes of your time. >> Great. >> Alright, he's Jeff Immelt and I'm Jeff Frick, you're watching theCUBE from Automation Anywhere IMAGINE 2018. Thanks for watching. (jazz music)

Published Date : Jun 1 2018

SUMMARY :

Brought to you by Automation Anywhere. great to see you Jeff. so you know, what a fantastic team. and people to really that productivity is the key, and that we, and productivity in the workplace. and think back to the ERP days right, I think to your point, and the customers, the ability to empower employees more to help us do the jobs. The fact of the matter is, More than thinking about you know, and when you look closely, But the ability to automate and not do the mundane. for most people, the kind of miss the boat? and the ability to use analytics That's the problem. for the first time. So I just think it's kind of of the world's computational demands. are you really excited about? I put that in the automation. and don't really look at the track, Immelt and I'm Jeff Frick,

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Mihir Shukla, Automation Anywhere | Automation Anywhere Imagine 2018


 

>> From Times Square in the heart of New York City, it's theCUBE. Covering Imagine 2018. Brought to you by Automation Anywhere. >> Hey welcome back everybody, Jeff Frick here with theCUBE. We're at Automation Anywhere Imagine 2018 in downtown New York city. We're really excited to have our next guest, the CEO is Mihir Shukla, the co-founder and also CEO. Great to see you. >> Thank you. >> So you're just coming off your keynote, there was so many great themes. Before we jump into the keynote, for people who aren't as familiar with Automation Anywhere, give 'em kind of the short history. Why did you guys start this, when did you guys start it, and where are we today? >> Sure, Automation Anywhere started about 14 years ago. The goal was to bring the power of automation to every businesses and every desktop. We have been true to our vision all along. This one took longer for all to realize that this is the right way to go about it. But now, it is virtually adopted by every business across every industry. >> So its RPA, Robotic Process Automation, for those people who aren't familiar with-- >> That's right. >> Or more commonly referred to, I guess, as bots. >> That's right. So the RPA refers to the Robotic Process Automation, as you said. What it does is it simulates human behavior on a computer. So it can type on a computer, it can read a computer screen, it can apply set of rules, and often it can make basic cognitive decisions as well, if it is as sophisticated RPA as our is. So with combination of this, it can operate any application like people can and run lots and lots of things on a computer in an autonomous way. >> Right, but the scale and power of compute, of storage and networking, not only for your internal systems, but for the customer systems coming in to interact with these, has changed quite a bit in the last 14 years. >> That is absolutely right. I think one of the things that, as you said, with the compute power, network, bandwidth, everything increased. But the way we operated for a long time is everything comes to this manual operation, and the everything slows down because human beings can process only at so much speed. >> Right. >> Now with RPA coming in, you can have end-to-end digital where things that are coming digitally can get processed digitally and don't get bogged down. >> We go to a lot of shows and the consumerization of IT is something that comes up all the time. People expect now, their work behavior, their work applications to act like Amazon or act like Google or act like the things that they're familiar with on their phone. You really nailed it though, into instant gratification. That's really the thing that is driving businesses to have to perform at the level of say, an Amazon e-commerce application or a Google search application. They're not quite there yet but that is this driver that's just incessant and people need to perform for their customers. >> That's absolutely right. I think, as you said, this, what I call, digital native companies, the Amazons, Googles, Netflix of the world, they've created this standard, and it is such a wonderful experience that we all begin to expect it everywhere else we go. >> Right. >> And that expectation continues to increase. And with more and more millennials and generation Z coming in, they don't know of any other way to begin with. It is a must have if you want return of customers. >> Right, now you touched on one of my favorite numbers, a number of times in the keynote, the 80/20 rule. And you touched upon the fact that really only 20% of the processes in most enterprises now are automated, 80% are still not, and really that that's the endgame. That's your mission and where you see the opportunity. >> That is right. The idea is to rate, as you said, 20% of the processes are automated and 80% is manual. And the only way to get to 80% automation is to consumerize automation. So you touched upon that too. The consumerization of automation is the only way we'll get there. If we keep it limited, it will take us too long. >> Right. >> And the other things we offer in Automation Anywhere is a product that is so intuitive to use, that anybody can create a bot. Our customer base, now there are thousands of people trained. Last year we had 35,000 people trained. This year will cross 100,000. And this could be any business user, anyone could automate it. One interesting fact is that we had bot games yesterday. This was the idea where we had lots of people come together and compete to create the smartest, best performing bot, and people from all of the companies and world came to compete against it. The person who won was a business user. >> Right, right. >> That kind of attested to the fact that how easy it is to be used by everybody. >> Right, well, you made an interesting comment again, one of the most popular breakout sessions, if it's not already sold out, is the Build-A-Bot. >> Yes. >> And you specifically called out business executives, business leaders to take an hour out of their day and learn how to build one of these things so they realize how easy it is, how simple it is and the power so that you really get this kind of top level down drivers to drive more automation. >> That's right, that's right. My experience has been that if this is such a large transformation, if business leader experience it themselves, be the transformation you want to bring. >> Right, right. >> And I've learned that from other leaders, in one of the previous sessions, I had one of the CFO who sat down, a very large, fortune 100 CFO to Build-A-Bot. And when the bot ran, he was so excited about it. He said Mihir, we just beat our forecast 10-person last quarter 10 days ago, and I was not this excited. This is doable! If I can do it, anybody, I don't do this for a living, and if I could do it, anybody could do it. >> Right. >> And I think it's great for people to experience it >> So another interesting thing, kind of the consumerization of the automation, if you will, is that you guys have a bot store. It's funny, in the keynote, again, you showed a lot of different bots in there, organized by integration to different SAS applications or functions or a number of things. What struck me is that they all look relatively, the processes are relatively simple, but these are the crazy, boring tasks that unfortunately take up so much of our time. But you're basically building out a store. I don't even need to build my own bot. I can go in and use best practices. >> That's absolutely right. So, there are so many things everybody does in finance, accounting, HR, and many, many other areas, and all of that is available. But there are vast kinds of bots. So, there is a bot that is coming out which is called a 606 Bot. This is the new standard on how revenue recognition must happen. And that's a complex thing, usually done by Big Four and many others to kind of help you work this through. So, there are bots available for that kind of a high-intellectual capacity work as well. I mentioned in my keynote that in healthcare, in diagnostics, in the research, finding new drug treatments, a vast amount of things bots are being used. So, I think its an all spectral for our work style, whether it is routine, mundane or very high-valued work. As long as it can be automated, why not? >> Why not? So, another interesting topic that comes up at all the shows we go to is this whole debate between machines and people. Are machines taking the work of people? But you've actually identified your bots, you call 'em out as a digital workforce. So, you're really saying that its the people plus the machines 'cause what we really need to do, even just to maintain the growth for our economy to continue on the path that its been on. >> That is absolutely correct. I think that the bots act like your digital colleagues, right, and they work with you. I know there has been lots of discussions on this topic and lots of books on it and what not, but I'll share with you my experience, which is, I must have visited over 1,000 large customers, I must have visited with over 500 of them, walked on the floor of those companies and talked to people who use bots. There is not a single person, Jeff, in my encounter in last 14 years, I have come across who would go back to doing it manually. (Jeff laughs) If you are a 20 or 30 plus year person doing this job, would you do that? Would you not work on the most cutting-edge technology so that you are more employable? What we see is that companies who adopt these bots have three times more resume. Now, that's also understandable. When you walk on the floor of some of these companies, there is a sense of excitement. On Friday, they have bot parties, they cut a cake because bots are being born. They have names for it. Many of them are attached to it, right? Almost like a pet, I would say. >> Right, right. >> That is the closest I can think of. When you see all of this excitement, and how excited people are, it's hard to reconcile between what you hear on one side and the other side. I think people will come around like they have for all other things. When computers came, people had the same concern, the internet and everything else. >> Right, right. >> I think in many ways, this will help us improve the standard of living and take us to a higher level. >> So, this is interesting, you talked in the keynote about the difference between just kind of a interesting technology and really transformative technology. You identified mobile phones and internet, search, I think there was one more. >> E-commerce. >> E-commerce, and what really were the factors that make that so transformative. You know, reducing friction and 80% of the value at 20% of the cost in real time. >> That's right. >> You've been at this for 14 years, but you seem pretty damn excited, if you excuse my French. >> Right. >> So as you look out, I'll give you the last word, how are things changing from when you started to today, and as you look forward, I would never ask you to look ahead 14 years, that's like forever and ever and ever, but over the next couple, how do you see the adoption and ramp of this technology going forward? >> I think for us, we have always been on an exponential curve, but the way world is built, you, you know, the first part of the exponential curve looks linear, although it is exponential, and now we are on the hottest part of the curve where everybody can see it, right? I think the next couple of years or even more are gonna be most fascinating. The world has realized that this is the next large productivity driver. There are very few left now and so it is being adopted worldwide, I mentioned in the keynote that 70% of the largest organization in the world are now engaged with us, right? So, to see the world transform through the lens of a software and these amazing stories the customers tell. It is very rewarding. >> All right, well Mihir, thanks for taking a few minutes, thanks for having us here to the event, and congratulations to you and the team. >> Thank you, it was nice to talk to you. >> All right, he's Mihir, I'm Jeff here at Automation Anywhere Imagine 2018 in Manhattan. Thanks for watching. (upbeat electronic music)

Published Date : Jun 1 2018

SUMMARY :

Brought to you by Automation Anywhere. the CEO is Mihir Shukla, give 'em kind of the short history. the power of automation So the RPA refers to Right, but the scale and the everything slows down Now with RPA coming in, you and the consumerization of IT Netflix of the world, they've It is a must have if you that that's the endgame. The idea is to rate, as you said, And the other things we That kind of attested to the fact one of the most popular breakout sessions, and the power so that you really get this be the transformation you want to bring. I had one of the CFO who sat down, kind of the consumerization and all of that is available. that its the people plus the machines and talked to people who use bots. and the other side. improve the standard of living about the difference between and 80% of the value but you seem pretty damn that 70% of the largest and congratulations to you and the team. Imagine 2018 in Manhattan.

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Neeti Mehta, Automation Anywhere | Automation Anywhere Imagine 2018


 

>> From Times Square, in the heart of New York City, it's theCUBE, covering Imagine 2018. (upbeat electronic music) Brought to you by Automation Anywhere. >> Hey, welcome back, everybody, Jeff Frick here, with theCUBE, we're in downtown Manhattan at Automation Anywhere Inspire 2018, about 1,100 people talking about bots and RPA, that's robotic process automation, for those who aren't in the know. And we're excited to have another co-founder join us. She's Neeti Mehta, she's a SVP and co-founder, welcome. >> Nice to meet you Jeff. >> So you're tackling some of the softer, more complex issues that come up around machines and bots and people and working together, and people's jobs getting takeaway, so as leaders try to put in more automation, start thinking about adopting things like Automation Anywhere and bots, what are some of the big ethical things they need to think through? What are some of the bigger issues that maybe aren't top of mind, that are really worth a little deeper thought? >> So one of the things we like to bring to focus is, that corporate leadership and corporations must look at it with a human focus. Robotic process automation helps get rid of the mundane and repetitive tasks, but the ultimate goal is so that you can enable the humans to do more. To enable a lot more creativity, or outside the box thinking or come up with new service models. Come up with new ways to solve things. And this is only possible if you get rid of the repetitive, mundane tasks, which often bogs down humans. >> Right. >> And so, coming at it from asking leadership to look at it right from the forefront. How can we enable the humans to do more, how can we enable our human workforce to use this technology, to unleash that potential? >> Right, and how receptive is the workforce to that message, or are they just afraid that these bots are coming in to take their jobs on some of these more repetitive tasks or, you know, is the rollout and communication and some of your guys' customers, you've been at this for a while, you know is that part of the rollout? Is that part of the implementation to say, hey, you know, the goal here is to help these things with the stuff you don't like to do so much in your job. >> Right, right. >> So that you can have a higher level of productivity, a higher level of contribution. >> Right >> A higher level of everyday activity and tasks. >> Absolutely, I think change is always hard, and it takes a while to progress through it. Re-skilling is a part of some of this change that we are going through, especially with people working with bots or bots taking over some of the more repetitive, or mundane tasks, in a way. But having the leadership walk that change management, walk that transition with the human workforce, is part of our endeavor and we enable our corporations that work with us, and our partners, to make sure that they are able to do that and bring that focus to the human workforce. The more we talk about it, the more we put corporate focus on re-skilling and talking to our human workforce about what the ultimate vision is, and how we are going to get there, is very, very important. >> Right, now you're a co-founder, you've been at this for a while, and yet your blogs talk about audacious bots. Audacious is a really interesting choice of words, and one that you very specifically pick. What is so audacious about bots, and is that both a good thing and a bad thing? >> I think so, the audacity of bots, as I like to put it, is because bots promise to self-learn, or perform certain things like a human does, or perform cognitive functions. To some extent think through certain problems or questions that arise, and think is such a human skillset, and we're asking a bot to do the same thing as that, is very, very difficult. >> Right. >> For a human to comprehend. And that's why I call these bots audacious, because they promise to do all these things. But if we keep the thought process, that why are we enabling this technology, why are we focusing or encouraging this technology to be adopted? Is so that humans can unleash that potential, humans can get to that next level. >> Right. >> And so, it's important to do so. >> Right, Mihir touched on an interesting thing in a keynote, about now people are creating bots that are creating bots. >> Yes. >> So you know, I mean, we hear about that all the time, right? We've heard about the machines talking to one another in a language that nobody, that nobody understands what they're talking about. So have you seen the increases in compute, the increases in networking, the increases in storage, the prices of those things going down? How has that changed the evolution of the bots that you guys are creating, and how do you see that change in the evolution of the development of these tools going forward? >> Bots creating bots is an interesting concept, but remember that the context of the bot creating the bot is still up to the human. What we allow the bot to do, or what he is able to get more productivity out of, is important. And so, if we get those barriers right, or if we get those positions right for the bots to work in and then it is a pure corporate enhancement. It's an enhancement of everything the corporation brings to the table. >> Right, right. I'm just curious, like, so you guys been at this for a long time. When people start to really get into their journey with this technology and really you're starting to implement it and see things, what does happen to the human workforce? Do they get redeployed? Are they just doing different types of activities, generally within the same category of work? How have you actually seen it evolve in the real world? >> So yes to all those questions in a way. Some people will get redeployed, but what we are seeing right now is most people are able to take what they have and get rid of some of the things that they didn't really want to do anyways, which was very time-consuming. >> Right. >> And often, not a big value add to their own job sets that they're bringing to the workspace. So having that availability for the human to say, yes, I want to get rid of this 25% of my work that is very, very repetitive and have a bot do it so that I can actually go and do the five things I've always wanted to do. >> Right. >> But I never got to it. >> Right. >> And that's what we see on the work floor. We've also seen amongst all our implementations that humans who are embracing this bot enablement, as I like to call it, don't want to go back to the other way of doing it. It has improved their work life. It has improved what they bring to the table. It has improved how they deal with their coworkers or their jobs or what they are responsible for and they really don't wanna go back. That's what we're seeing on the floor. >> Right. >> And that's great. That means we're on the right track. We are enabling them with technology that will make a difference to that human. >> Right. >> And that is what this is all about. >> Right, I don't think, too, there's enough talk about, humans aren't really good at repetitive tasks. Those are where we make the most errors. Unfortunately people don't use the copy paste function enough. >> Yes. >> And I think we're aware it kind of manifests itself in just a consumer front-end application is addresses. >> Yes. >> And address verification when you buy something online and you get that thing that says, you know, here's the address that you typed in. >> Right. >> You know, here's the address that we have in our system. This is just a very clean, simple-- >> Crosscheck verification. >> Example of a crosscheck verification because we're not good as a species. >> Exactly. >> At repetitive, mundane tasks. >> It is, that's not our core strength and I haven't met a human who hasn't failed to impress me in some form or fashion. If we can unleash that potential on every human we are capable of such greatness. >> Right. >> We are not bound to transfer data from one system to another or do the same thing in rote without even considering or bringing in any enhancement to that data or that process. >> Right. >> And that's what we want to enable humans to do, to get to that next level. >> Right. >> Of what they're capable of. >> So Neeti, I want to give the last word. You've been at this from the beginning, 14 years, there's 1,100 plus people here in New York this week for this event, just your impressions of how does it feel to grow. I'm sure you're in a proud momma moment to see your company grow into what it's become. So as you look back and you reflect and you take in what's happening all around us here, just love to get your general impressions. >> It's been extremely exciting, I think, for multiple reasons. One is that we get to work with absolutely fantastic human beings, I think, who have brought a lot of greatness to Automation Anywhere and it's been an exciting journey from a career standpoint. From an industry and from a societal standpoint I think we're also at a cusp. We've changed a lot of the world of business and how it works and that is extremely satisfying to see. If we can leave something behind from the future of work prospects for our children, it is something that I am very happy about. >> Good, well, I gotta get some of this automation in my day to day life, let me tell you that. (laughs) All right Neeti, well thanks for taking a few minutes of your day and sitting down with us. >> Thanks Jeff, it was absolutely a pleasure. >> All right, she's Neeti, I'm Jeff. You're watching theCUBE from Automation Anywhere Imagine in New York City, thanks for watching. (upbeat electronic music)

Published Date : Jun 1 2018

SUMMARY :

Brought to you by Automation Anywhere. And we're excited to have another co-founder join us. is so that you can enable the humans to do more. coming at it from asking leadership to look at it Is that part of the implementation to say, So that you can have a higher level of productivity, and bring that focus to the human workforce. and one that you very specifically pick. is because bots promise to self-learn, or encouraging this technology to be adopted? about now people are creating bots that are creating bots. We've heard about the machines talking to one another positions right for the bots to work in When people start to really get into their journey is most people are able to take what they have So having that availability for the human to say, as I like to call it, don't want to go back that will make a difference to that human. the copy paste function enough. And I think we're aware that says, you know, here's the address that you typed in. that we have in our system. Example of a crosscheck verification and I haven't met a human who hasn't failed to impress me or do the same thing in rote to get to that next level. of how does it feel to grow. One is that we get to work in my day to day life, let me tell you that. in New York City, thanks for watching.

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John Stockton, Magento | Magento Imagine 2018


 

>> Announcer: Live from the Wynn hotel in Las Vegas, it's theCUBE covering Magento Imagine 2018. Brought to you by Magento. (music fades out) >> Hello everyone welcome back we are here, broadcasting here at the Wynn in Las Vegas for the Magento event here, theCUBE with exclusive coverage 2018, Imagine 2018. And I'm here with John Stockton, who is the Vice President of Product Management at Magento. Tell me about the new product news really modernizing the e-commerce tag and enabling digital growth. Great to have you. Thanks for coming on. >> Great! Thanks for being here. >> So, you guys have a digital experience culture here at the company but one of the things that's interesting is the modern stack of e-commerce needs an upgrade. >> John S.: Right >> It's been talked about for years. You guys are doing that, you've got thousands and thousands of customers and partners you've got product news here. >> John S.: Yep. >> Let's dig into the news, what do you guys have, what are you refreshing, what are you bringing to the table? >> Well it's a really exciting time here to be at Magento. We are announcing a number of big initiatives here at the conference. The first is around our superior shopping experience goal, our goal is to continue to support an evolving consumer culture where more and more people are doing things on mobile devices, more and more people are doing things in store. >> We've been working very closely with Google on their progressive web apps initiative, and we'll be announcing here our PWA developers studio is going to be an early adopter program and generally available at the end of the year. That's going to enable Magento merchants, and our partners, and our ecosystem, to be able to create really cool progressive web apps. Progressive web apps are going to revolutionize the way we experience digital commerce on mobile devices, they're much more performant, much faster. They're going to be the way of the future and I don't think any merchant in the world can afford to ignore them. Our PWA dev studio is going to make it easy for merchants to create those apps, and that's really exciting. >> That's the first big news. >> John S.: That's the first big news. >> Let's dig into that, I know you got two more I want to get to but, this is kind of important. We've been hearing about mobile first for years. >> John S.: Right. >> Certainly Google has put the screws on search results, >> John S.: Absolutely. >> response time on mobile. What's the impact to customers on this news, what does it give them? >> Yeah, for a lot of our customers more than 50% of their transactions today are coming from mobile so it's just a trend that they can't ignore at all. What happens when you take a native app in mobile today is, you might be able to do a bit of work with responsive design but the performance expectations the consumers have for a page loading instantaneously, for no delays in scrolling around, for checkout. Increasingly things like Apple Pay and Google Pay, the ability to just do a facial recognition and actually check-out and pay for something on a phone. That's what consumers are going to expect in the future, and PWA is really the only way you're going to be able to meet those expectations. >> That makes them have to take a web response design, >> John S.: Right. >> and make it feel like a native app. >> John S.: Yes. >> Both performance, and experience. >> John S.: (talking over John F.) Very high performance and very high integration with the actual phone itself. >> Alright so the next announcement is what? >> The next big this is on our Omnichannel initiative we want to enable our merchants to be able to sell effectively in any channel. The big news there is we are going to be releasing a Amazon sales channels module for Magento commerce that enables the Magento merchant to push their catalog out to the Amazon marketplace, do things like dynamic competitive pricing, and then track all that transaction data as their products are sold on Amazon. So from directly within Magento they can manage both channels, and see all their results all in one place. >> So this is kind of interesting. Amazon obviously is Amazon, we know what's going on with those guys. So what's the improvement, I mean obviously you can publish-- >> John S.: Right. >> Amazon marketplace. What's the innovation, where's the new updates, you mention pricing, the relationship with Amazon is it the code native, what's going on? >> The innovation is in the data integration of getting you product catalog into Amazon which is going to be easier than ever before. You're going to have visibility into performance within Amazon directly from Magento, and then all that transaction data is going to come back to Magento. So when you're using Magento commerce or our business intelligence tools, you're going to have a single source of truth for how you're performing across both channels. >> John F.: And plus massive sales opportunity for growth >> Right. >> Just on a sales perspective. (laughing) >> Right, right, yeah, yeah. >> Amazon's the big gorilla. >> Yep. >> Okay so third announcement? >> The third announcement is in our business intelligence planning so we have a Magento business intelligence product is now available to all Magento customers who have a commercial license with us, at no extra cost, so. MBI is a full-stack business intelligence data warehouse solution that tracks all your data from all Magento products, commerce, order management, and rolls it up into great dashboards, visualization tools, allows you to integrate it with Google analytics and other data sources, so. We're collecting rich data on consumers behavior across both your physical store, with our order management solution, and your online properties with Magento commerce, and giving you really an unbeatable combination of data points on your consumers that's going to really unlock a lot of potential value. >> So does this bring more wrangling to the table, less complexity, offline-online kind of perspective? >> Yeah a lot less complexity. It is an out of the box PI solution, it's an out of box data warehouse that integrates the core data that you want. We have a pro edition that allows you to integrate your other data, so you could integrate CRM data or other things. It's a great way to get a single source of truth reporting solution for all of your commerce touch points. >> And that's all customers, no charge, part of the platform? >> Yeah the essential edition is now included no charge, and there is a pro edition that is a premium product. >> So product, you run the product management, which you got to-- >> Yep keep your eye on the prize, you got to look at the engineering, and then look at the customers. You've got to kind of make decisions, so as you look at the growth of commerce, just in general, online. >> Yeah. >> There's no denying that we're going to a whole nother level. >> Yep. >> (laughing) How do you guys prioritize? (laughing) Because I mean, there's like so many things you could work on. >> Yeah, it is-- >> What are some of the guiding principles, how do you guys make these decisions, what's the internal DNA like? Share some inside baseball, what goes on? >> Yeah sure. You know our philosophy is the three pillars I mentioned, superior shopping experiences, omnichannel, and business intelligence, those are areas that we know are durable areas of investment that are going to provide value to a merchant. The fourth one is our open ecosystem, and that's really unique to Magento, so we partner with over eleven hundred partners, we have an open source platform that a community contributes to. We're doing a lot to get a lot more leverage out of that, and that allows us to innovate a lot faster. So for example, the day the Amazon patent expired, we had a community partner submit a one-click order feature into the code base, we ran it through a quality assurance product. And I believe we were the first to market with one-click order. So what happens is, even beyond the core organic development that the internal R&D team is doing, we have so much innovation going on, that's customer driven, partner driven. That gives us a very rich opportunity to go into areas that, even where we are following our partners or our community, we're able to incorporate things into the product as the market demands them. >> You know I think that's a unique and compelling thing that's different I think about you guys that I like is, you know the old model was we got to own everything, >> John S.: Right. >> every little feature. And you know you look at startups out there, oh that's really a feature not a startup, that's the old joke of silicon valley but, the reality is, is that, you have partners that have business, >> John S.: Yep. >> So they could build a really hyper focused feature, >> John S.: Yep. >> Bring it to the table, you incorporate it in through your ecosystem, >> John S.: That's right. >> That's what you're referring to, right? >> Yeah absolutely, and you know, I think the business model around closed platforms is kind of fundamentally flawed in that regard, because the vendor can never keep up with the rate of innovation. Especially not a space like e-commerce where things are happening so fast, it would be impossible for any one vendor to stay on top of it all. >> John F.: So your strategy: Stay to your core pillars >> John S.: Yep. >> Let the ecosystem innovate, you've got the open source which is the playground for more innovation-- >> John S.: Yep. creative ideation. And then you have a pipeline in through the product team. >> Yep. >> For QA, quality assurance kind of thing going on there. >> Absolutely, absolutely. >> And then ship it our to all your customers-- >> That's right. >> Through what, marketplace? >> That's right. Well we have a variety of ways to get out. So our partners can get extensions out to the market through our marketplace, which is the best place to get Magento extensions. We're also doing a core bundled extension program, so we will be announcing tomorrow that we're-- we have three new core bundled extension partners. We're partnering with Vertex for tax, (mumbling) for deferred payments, and Amazon Pay as a payment method. So those are integrations that those vendors have done to Magento, that we have certified and blessed as the highest quality. And merchants who deploy Magento 224 which will include those bundled extensions and turn them on with the flip of the switch. So we're doing a lot more innovation to make those solutions available to customers. >> I mean it's innovative because you have some things that might not be in the product, well we've got resources, there's always the contention for resources, but when you've got partners innovating. I just saw folks, I was taking a lunch break walking around, you got a coin crypto solution here, hey we could do, you know, 400 tokens. >> John S.: Yeah. >> Or I don't even know, it's like thousands of tokens but, if someone wants to do say cryptocurrency. >> John S.: Right. >> A partner steps up, >> Yeah. >> And that's enabled, that's an option >> Yes, yep. >> So today I want to take bitcoin, >> Yep. >> You could fit that in. >> John S.: Yes, absolutely. it also gives us great advantage on our global reach as well because we can work with partners who want to localize this and take us into markets where we don't have direct presence today. But the open platform and the fact that we're so partner friendly and ecosystem friendly, makes it possible for other people to build businesses and to take us into places faster than anybody else. >> We were talking before we came on camera about your previous experience, you've been in the industry for a while, you've seen some waves. We know, we're old enough to see some of those. E-commerce, and again, e-commerce is 25 years old, and you know it's always been kind of monolithic, you know, one directional. >> John S.: Right. You push to an endpoint, yeah you got JSON now endpoints but the demand is for rich experience, consumer to consumer potentially, >> John S.: Right. >> Peer to peer action, >> John S.: Right. >> All this stuffs going on, what attracted you to these guys for you job, and what do you look at in terms of big waves, that you guys want to ride on. >> Yeah, you know what attracted me, Magento is my first opportunity to be at an open source platform company. And so the excitement all around here at this event is really validating that this is a fun place to be and this is a great approach to market, I think it's a much more interesting way to build products than the old school ways are. So I'm really excited about that. You know, to your point about evolving needs, both the omnichannel need and then also, we've been doing a lot of b to b scenarios, so we have customers using Magento in very innovative ways that again, are outside the box of what we intended when we first built the product. We have partners here who are doing marketplace solutions right now, where our customers are hosting marketplaces where other consumers are selling products to each other, which is a really cool use case. We have always had customers using us in a b to b context, even though we didn't have native b to b functionality built in. In two dot two which just came out last year, we made a big investment to beef up some b to b capabilities in the product and we'll be making more investments in those in the coming years as well. >> Everything flows from the b to c because, mobiles expected there-- >> John S.: Yeah. >> Now you're seeing mobile first-- >> John S.: Yeah. >> cloud first-- >> John S.: Yeah. >> for b to b-- >> John S.: Yeah. And they're kind of upping their game-- >> John S.: Yep. >> You got to up your game, you know everything's online now. And a lot of, if not all of our b to c customers have some b to b dimension to their business, right? So it makes sense for their digital platform to serve not only their direct consumer up fronts, but all their commerce initiatives. >> What's the big thing that you see out there, for the b to b customers because I see b to b really, moving faster now-- >> John S.: Yeah. >> Than ever before-- >> John S.: Yeah. >> Because they used to have the old websites-- >> John S.: Right. >> Now they're puttin' rich media on there they want to do some, you know, some for some service-- >> John S.: Yeah. >> Everything's moving digital-- >> John S.: Yeah. >> On b to b-- >> John S.: Yep. >> Is it awakening, is it-- >> John S.: Yeah, no I think-- >> like, they're waking up and smelling the coffee, what's going on? >> I think it is, I don't think, you know, people are people, and whether you're shopping for a blender or you're a procurement officer and you need to buy IT equipment, you have expectations that you're going to be digitally served with a high quality. The market is moving that way very fast, there's a lot of potential to create better experiences for your customer that way. There's a lot of opportunity to get more efficiency out of your processes by bringing them to the digital so that they can carry on. >> And then obviously outsourcing the role of the community is super important. Talk about the labs, Magento labs, how does that fit into all this, we saw some folks up there gettin' awards on keynote today. >> John S.: Yeah. What's this labs thing about? >> So we have a program with our Magento masters where we recognize people for contributions to the community and so we gave out awards yesterday morning for the top contributors. We had in the two dot two dot four release, that's coming out tomorrow, we had over 200 community contributions before submitting. Enhancements to the product, fixes, improvements. Security improvements, performance improvements, so the amount of contribution to the community is still, really, from the community is still really really valuable and we really recognize and reward and support that. >> Real competitive advantage. So I got to ask you the data question. >> John S.: Yeah. >> The role of data's so valuable you're seeing data, whether it's IOT devices being potentially in retail outlets i mean, wearables is a IOT device. >> John S.: Yep. >> You know Apple pay could be considered a wearable, to some degree as a device. But data moving around, having data integrate-- >> John S.: Right. >> Is a huge issue-- >> John S.: Yes. >> How is that impacting your business, obviously can imagine pretty significantly impacting both market intelligence, real-time bidding, real-time user experiences-- >> John S.: Yeah. >> Without data you really can't get near real time. >> John S.: That's absolutely right, yeah. >> What's your view on that? >> So data is going to be the next big revolution, I think, as digital commerce spreads across all panels consumers are going to expect you to know who they are when you walk in the store, you, they, you remember the past transactions and interactions you had with them. You're personalizing your outreach and experience for them. Data is key to all that. Right now we're in a foundation building phase where we're getting all that data into Magento business intelligence, we're building a data lake. We recognize, for our customers, that connecting all that data together and rationalizing it all is a challenge. We think we can do a lot to solve that challenge for them through our business intelligence tools and our data. >> John great to have you on theCUBE sharing the insights, final question for you is what's one or two things that someone might not know about Magento that they should know about? The approach, the products, how you guys build technology, happy customers, let's see one-two things that they should know about, that may not know about. >> I would say I mean, I think people know Magento as an opensource platform, an opensource brand. They may not know that we are having a lot of success up market right now, we are increasingly getting pulled into enterprise businesses and running very large-scale businesses for people. They may not know us as a b to b solution provider, they may think of us as a b to c only solution provider, so we're doing a lot in b to b right now. They may not know how much we've invested in the people of Magento. In the Austin office where I work, we've more than doubled in size in the last year. So we are growing like crazy, we're bringin' a lot of talent to the company and it's a great place to be. >> John F.: Yeah, you've got a great ecosystem. And what's the reason why you guys are being successful, speed, performance, flexibility, all of the above, what's the key thing? >> All of the above, I mean, I think we get a lot of pull from the market, the Magento brand is still very solid, there's a lot of people out on opensource who are looking to upgrade and move up and that creates a great pipeline for us. I think the competitive landscape is, got options on the lower end and options on the higher end that are a little bit old-school. I think we have an advantage in the innovation and the things we're bringin' to the market that's going to serve us well in the future. >> The pressure to go digital all the time, 100%, is really on every ones shoulders these days, everything's digital. >> John S.: Yep. >> John Stockton Vice President of Product Management at Magento here at Imagine 2018 in Vegas, theCUBE's exclusive coverage. Be back with more coverage after this short break. (pop music)

Published Date : Apr 25 2018

SUMMARY :

Brought to you by Magento. for the Magento event here, Thanks for being here. here at the company but one of the things that's interesting you've got thousands and thousands of customers and partners Well it's a really exciting time here to be at Magento. the way we experience digital commerce on mobile devices, I know you got two more I want to get to but, What's the impact to customers on this news, the ability to just do a facial recognition and make it feel John S.: (talking over John F.) Very high performance that enables the Magento merchant to I mean obviously you can publish-- is it the code native, what's going on? The innovation is in the data integration Just on a sales perspective. and giving you really an unbeatable combination that integrates the core data that you want. Yeah the essential edition is now included no charge, so as you look at the growth of commerce, There's no denying that there's like so many things you could work on. So for example, the day the Amazon patent expired, that's the old joke of silicon valley but, Yeah absolutely, and you know, John F.: So your strategy: John S.: Yep. to the market through our marketplace, hey we could do, you know, 400 tokens. Or I don't even know, and to take us into places faster than anybody else. and you know it's always been kind of monolithic, You push to an endpoint, yeah you got JSON now endpoints but and what do you look at in terms of big waves, and this is a great approach to market, John S.: Yeah. And a lot of, if not all of our b to c customers and you need to buy IT equipment, of the community is super important. John S.: Yeah. so the amount of contribution to the community is still, So I got to ask you the data question. The role of data's so valuable you're seeing data, to some degree as a device. consumers are going to expect you to know who they are John great to have you on theCUBE sharing the insights, and it's a great place to be. And what's the reason why you guys are being successful, and the things we're bringin' to the market The pressure to go digital all the time, 100%, John Stockton Vice President of Product Management

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Peter Sheldon | Magento Imagine 2018


 

(upbeat music) >> Narrator: Live from the Wynn Hotel in Las Vegas, it's theCUBE, covering Magento Imagine 2018. Brought to you by Magento. >> Hey, welcome back to theCUBE. We are at the Wynn, Las Vegas with Magento at their Imagine 2018 Conference 3000 plus people here, really cool day we've been talking about all things commerce and digital commerce innovation. Excited to be joined by Peter Sheldon, the VP of Strategy from Magento, thanks so much for joining us. >> Thanks for having me, yeah. >> So this has been really fun, there's a lot of merchants behind us here in the marketplace, we've been talking to some of your customers who, a direct consumer, we just had Coca-Cola on. But we also see a lot of businesses here. Talk to us about what you guys are doing to help, not just the retailers, you started, right, being building this reputation as Magento, helping retailers to target online shoppers, but there's a lot more opportunity that you guys have been successful in, in the business, B2B space. Talk to us about, the vision, the strategy, on both sides. >> Yeah, so I think what's fascinating about Magento is their diversity of our client base, and I think it's a little bit of a testament to the flexibility and agility of the platform, but you're absolutely right, we started out primarily serving the B2C market, working with retailers, CPG firms, branded manufacturers and so forth, luxury goods. But commerce has really evolved and moved on, and I think what we see today is a lot of opportunity in B2B, and so when I think about B2B, these are typically manufacturers and distributors wholesalers who are looking to digitally transform their businesses, and really make the buying process more efficient. So whether it's a distributor who's buying products from a manufacturer, or an end-buyer might be a contractor, especially in home improvement, or something, who needs to buy tools and materials from either a manufacturer or distributor. Traditionally, it was a very traditional sort of, retail based buying experience. You would go to a branch, a distributor's branch face to face, engagement over sales person, or the sales rep would come visit you, and you would through a paper catalog. >> Relationship based. >> Relationship building. >> Exactly. >> And so forth, and that's a high cost of acquisition channel, and so I think what a lot of B2B firms are realizing is there's significant, first of all, there's demand from the buyers because all buyers have their consumer life as well, e-commerce is so mature and the B2C space with Amazon, that buyers are incredibly frustrated if in their business life they don't get that great ease of e-commerce experience, and instead they're still faxing and picking up the phone or even if it is a digital order entry experience, it's really terrible, and it's not intuitive to use, it's not easy to use. So, there's a real demand to digitize that ordering process, but more importantly, I think for B2B firms, there's some real operational savings and putting margin back into the bottom line by creating a lower cost of doing business and serving customers, and it's e-commerce and so I think we see one of the areas where a lot of firms first start out is in the spare parts business, so we work with a lot of manufacturers. It just makes so much sense to move their spare parts and warranty business online, so it's very easy to re-order spare parts, I don't need to pick up and call my sales rep to do that, I can do it in a digital manner. But I think what's really fascinating us is just the diversity of different B2B clients, their backgrounds, there's not a vertical that's immune to this. We see pharmaceutical companies, we see agriculture, we see traditional heavy manufacturing, light manufacturing, life sciences, you name it. And so the diversity of clients we see wanting to use our platform for digitizing their selling relationship that they have, it's really fascinating. >> We've heard a lot today that commerce is limitless, and it sounds like that's kind of what you're talking about, is that this day and age, every buyer is a consumer at some point, right, or everyday. We have these expectations, Amazon set the bar really high and every company to be successful has to be a technology company. So, from your standpoint as the VP of Strategy, some great exciting things have been announced at this year's Magento Imagine Conference. Share with us some of those, and especially I'm curious what you're seeing in the mobile space. >> Yeah, so mobile's really fascinating and I think it actually continues on to what we were talking about a moment ago in B2B. So, if we think about that B2B buyer, often the B2B buyer is an engineer, a contractor, a field service representative. They don't live in an office, they don't have ready, convenient access to either a laptop or desktop. They are out on a site, they are, if it's agriculture, they're out at a farm. >> In a field, yeah. >> Or in a field, or they're in a construction site, or they're inside a plant, and their primary means, or their only means of digital access is their smartphone. And typically they're having a slightly larger screen, phablet type smartphone, probably in a hard case if it gets dropped and so forth. But the way that they're going to engage with a brand digitally and to make a B2B commerce order, to look up the status of their order etc. It's not, we often talk about mobile first, it's not mobile first, it's mobile only. They don't have easy access anymore to desktop, laptop. If you're not serving them through mobile, they're not able to buy from you and they're going to buy from one of your competitors. And we see this thing across the board. Perhaps less so here in the US, but in some of the merging markets where we operate and where we have great success, markets like India. They again, it's very much a mobile only society now, and certainly in mainland China and other sort of emerging markets. So I think we're rapidly going down a path where if you think even in our day to day consumer lives, as we're thinking about making purchases, we're sitting on the couch, we're multitasking or watching television, but it's our phone that we're interacting with. >> Right. >> And if we think about the challenge today about buying through a phone, traditionally commerce purchase experience, it's really not that great. In fact in some cases it's pretty awful. Typical sort of page load time on a mobile can be five, six seconds, and as you want to navigate around using your thumb and scroll through and do some product research, every time you make an action, every time you touch that screen, the page reloads again, and it's actually frustratingly slow. If you actually get to the point of buying, obviously you've got to enter your shipping address, and that's just- >> Can imagine that conversion rates, and things and attrition. >> Exactly. And so- >> What have you guys done to change the game? >> Right, right exactly. So, those conversion rates on the mobile web today are pretty bad. They're about sort of, 1.7% and on a traditional desktop, it's 3.5% but yeah 70% of all traffic and visitors are coming on mobile devices, it's actually quite a profound sort of issue in the marketplace around us. So what are we doing about it? Well there's a really exciting new, and I call it technology, but it's really just a set of standards around open web technologies, Javascript, CSS, HTML, called PWA, or Progressive Web Apps. Now, Progressive Web Apps is not a proprietary technology, it's just open web technologies, but what's changed and evolved are the browsers themselves, so Chrome and Safari, Firefox, they've evolved and they now support what we call service workers, which is the ability for the browser to do more backbone processing. And the end result of all of this are a lot of brands are now rebuilding their websites away from responsive websites, which is the big investment we've had over the last five years to now building Progressive Web Apps. And a really nice thing about Progressive Web Apps is that they perform like a native app, they're very very fast, the page load times are typically around a second or so, and there's no refresh. Every navigation and action is almost instant gratification, so very fast, very slick to use. It feels like you're using an native app, but you're not, you're actually using a web experience in a browser. And so there's a couple of really important things for merchants around that. One, much, much better conversion rates. So all of the KPIs that a VP of e-commerce is ultimately responsible for, they're measured by there's a conversion rate, average order value, bounce rates. They all see significant improvements. And I never say there's some merchants always sort of facing a little bit of a dilemma, should we build native apps, or what should our native app strategy be? And the problem with native apps is they're incredibly expensive to develop, incredibly, a lot of maintenance with all the updates to iOS and Android. And many merchants really didn't see success because consumers will only download and give you real estate on their phones for an app that you really engage with on a very frequent, on a multiple times a day basis. Most of our customers are retailers that perhaps only have two or three transactions a year with their clients, with their end shoppers, and so a native app strategy just doesn't work. So the real exciting thing I think with merchants are, you can actually almost put the need for an app strategy to bed, they don't need one anymore. They invest there in PWA. So here at the conference we announce Magento's support for Progressive Web Apps. We've launched a new development toolkit we call the PWA Studio, and it's really a native capability for our merchants and our system integrators to be able to build Progressive Web Apps on the Magento platform. So we're super excited about it. >> Yeah, sounds super exciting and also really the consumer, the convenience is that consumers are demanding, and you're really reacting to the mobile only experience there. >> That's right. >> Has a huge potential, upside, for the merchants. How are you seeing that being used or use cases for that in the B2B space? >> Yeah, so if anything, it's almost kind of, more applicable in B2B than it is in B2C, although they're both going to adopt PWAs. So what's interesting about B2B is that there is a much more frequent transaction or interaction with the end buyer. B2B buyers are frequent purchasers, they are buying in bulk and they're making purchases perhaps multiple times a day, perhaps multiple times a week. And so they are power users and they do have a great deal of engagement with the brand, with their distributor, so again, it's starkly, I think the B2B firms have built native apps and have done so on top of Mangento, it's very easy to build a native app and integrate it into our Rest APIs etc. But again it's expensive and often it can be a seven figure front sum to initially develop an app strategy and to continue to maintain it, so there's a real there's a real TCO advantage of actually switching that strategy to do a PWA. The adoption can be higher because you don't need to install the app, and just the cost and support of building and supporting a PWA is significantly lower than a native app, and so again there's a lot of use cases for using PWAs in the B2B commerce space as well. >> Awesome. So besides what you announce with Progressive Web Apps, what are some of the exciting announcements you guys have made at Imagine? >> Yeah, so I think product announcements, we got an exciting new product we're calling Page Builder, it's a content management and page building tool. So what this really does is it allows the marketer merchandiser the real control over building and maintaining the pages on their site, and that's mobile web, mobile desktop and building able to do that, and it really alleviates any dependency on having to a front end developer where there's a true wiz with drag and drop capability, gives them complete creative to build very sophisticated content pages, but to do and have complete control over their publishing schedule, being able to preview that. So we're very excited about that. I think it empowers the marketers and merchandisers to be more creative and to get more done in the day, we're empowering them to be, act independently of needing to work with a front end developer. >> Awesome, and you guys speaking of developers, have a very large community. >> We do, we do. >> Of 300,000+ developers. >> It's quite incredible, I mean here at the conference, it's sort of their main annual get together of what we call the community. I'll come here to Las Vegas every year and to the Wynn and the community is here, and a lot of that community is made up of developers, and those developers, many of them work for our merchants, many of them work for system integrators, many of them work for other technology partners, and some are contractors, self-employed specialists and so forth. But as you say, that community is over 300,000 developers strong, that's 300,000 people who make a livelihood doing development on Magento. So it's really an amazing community, and they're incredibly passionate about Magento, and they contribute back to Magento. We are, have our roots as being an open source platform, one of the great differentiative benefits of that is that our community help us innovate and they help us, they contribute code, they contribute features and capabilities back into the platform that means that we can extend our R&D team to be this much, much greater force where we can develop new capabilities and deliver value to our clients at a far faster pace than any competitors do. So it's a really interesting aspect of our business. >> Well Peter, thanks for stopping by theCUBE and sharing the great announcements that you guys have made today and this week, and the direction you're able to go in and help take best practices and things learned in the consumer space, and apply it to businesses. We wish you the best of luck, and we look forward to being back at the Magento Imagine next year. >> Yeah, great. Love to have you back. Thanks so much for chatting with me today. >> Our pleasure. We wanted to thank you for watching theCUBE again, we are live at the Wynn in Las Vegas with Magento at Imagine 2018. I am Lisa Martin, stick around, we're back with one more guest after a short break. (upbeat music)

Published Date : Apr 25 2018

SUMMARY :

Brought to you by Magento. Excited to be joined by Peter Sheldon, the VP of Strategy Talk to us about what you guys are doing to help, and really make the buying process more efficient. and so I think we see one of the areas and every company to be successful and I think it actually continues on to and they're going to buy from one of your competitors. and it's actually frustratingly slow. and things and attrition. And so- and evolved are the browsers themselves, and you're really reacting to the for that in the B2B space? and so again there's a lot of use cases for using PWAs So besides what you announce with and to get more done in the day, Awesome, and you guys speaking of developers, and the community is here, and a lot of that community and sharing the great announcements that you guys Love to have you back. We wanted to thank you for watching

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Wrap with Lisa Martin & Amanda F. Batista | Magento Imagine 2018


 

(upbeat music) >> Narrator: Live from the Wynn Hotel in Las Vegas, it's theCUBE, covering Magento Imagine, 2018. Brought to you by Magento. >> Welcome back to theCUBE, I'm Lisa Martin. We've had a really informative day talking all things commerce, open commerce, and digital commerce innovation at Magento Imagine 2018. I'm joined by Amanda Batista, who is the head of content marketing for Magento. Amanda, thanks so much for all your help in coordinating this. We've had a really educational day with your folks, with your customers and partners. >> Yeah, we've had a really great community. It's been wonderful to have theCUBE here, and I'm so thrilled to be able to be here with you closing out the show. >> So this is the eighth Imagine event, There's over 3000 people here. You guys had some great speakers on stage today. I'm always very excited to see female leaders on stage. >> Absolutely. >> We talked about Baked by Melissa, she was our first guest today sharing her story. You've been growing this event year over year. What is it about #LeadingTheCharge, your hashtag and message for this event, that really differentiates this eighth event from the last several? >> Well #LeadingTheCharge is a really exciting message for us because ultimately we're focused on empowering merchants and developers and really allowing them to not worry about the technology component of things. Whatever you can dream, you can do on Magento. So, #LeadingTheCharge for us here today is really about bringing people together, making connections, and really thinking about, How do you use this community? How do you tap into all these resources? How do you see people that you haven't seen in a while? It's kind of our coming out party, our big coming together. You know, #LeadingTheCharge I think means different things for different folks, but I think for us we're really aiming to empower individuals to do the work that they do really well but also come together. So I actually heard a gentleman say that part of Leading the Charge for him is a matter of making connection. It's almost stepping out as a leader and allowing other people to come together. I think #LeadingTheCharge has been a really nice message for us today and I think our speakers have really brought that to life. >> I agree and with the sentiment that we've heard. Magento started reputation-wise, helping retailers to target the online shoppers and the experiences there. We talked with Peter Sheldon today about what you guys are doing in really formalizing how you're helping businesses, B2B organizations. There's so much opportunity that's really being driven by all of us as consumers and we have this expectation that we can get anything, anywhere, anytime. >> That's right. >> And have it delivered day or night. Amazon sets the bar really high. You guys had Amazon on main stage this morning talking about the fact that there's now 100 million Prime subscribers and how half of Amazon's revenue doesn't come from products they sell, this third-party marketplace just kicks open the doors of opportunity- >> Amanda: Right. >> for businesses from small to large alike. >> Yeah, I think it's really exciting, too, because, you know we can't all compete on price. We can't all be Amazon, but I think as we're really encouraging merchants to think about, What are you offering that's special? What are you doing from a content standpoint? Obviously, content is near and dear to me, that's my bread and butter and what I've been doing for a long time, but we really think about, what are we offering people that's value-add? Is it an added catalog, is it a manual? Is it something that helps you do your job better? Is it something that helps you go back to your organization and feel celebrated and feel excited?" I think when it comes to how we're empowering people, we're really focused on, from a content perspective, enabling you to, again, not really worry about the tech component, but think about how you can innovate your business. That's really important to us. >> Well, that's one of the things that Melissa Ben-Ishay, she's product officer at Baked by Melissa Cupcakes and how- >> Amanda: Sweet it is. >> I still want, it is, and I still want a cupcake. >> Amanda: Yes! >> It was very evident when we were talking with her that she gets, because of technology, that makes things simple for folks like herself, it allows her not to just grow the business, to open more stores, to reach hundreds of thousands of people, but to do so in a way that she doesn't have to worry about the technology. >> Amanda: Right, right. >> And that really- >> That's a great example, really, for us. I think when we look at who we're looking to enable, you know, Melissa started a business ten years ago, was let go from her job and said, Let me take a passion and bring it to life with business. They had e-commerce even before they had stores. They had e-commerce before they were up and running. I think using that as a linchpin, as a springboard to really bring her business to life, delivering a hundred cupcakes on foot on the New York City subway. I'm from New York, I ride the subway, I wouldn't want to do it with a hundred cupcakes, frankly, but these are the sort of bootstrap methods that she was enabled to do not worrying about that sort of tech component, right? She's bootstraps, she only had about five founders, five people around her with her business. Really great to hear from her and I don't see any cupcakes anywhere but I'm dying for one. >> Me too! >> Or five. >> We need to get some. One of the things that you mentioned, content, earlier, in being a content marketer, look at media as an example, with Netflix and Spotify and Amazon, and what's happened to traditional media. It's now that the way a service is delivered is as important as the content >> Absolutely. >> and what we've heard a lot from your customers that have been on the program today is they have the opportunity to deliver services in a responsive way, and in a way that's really personalized, which is really key, right? As consumers, we all want to have an experience that's tailored to us, and we've heard that as sort of an enabling capability that Magento is helping. We had a gentleman from Coca-Cola on, talking about the Share a Coke experience and how that started as a program in Australia. >> Amanda: Right. >> With one bottler, then went to Europe, then became something that was focused in store, and then the consumers are going, Hey, Coca-Cola, I can't find a bottle with my name on it. And it became this really big program for them, that they had to figure out, How do we do this in the U.S. with 70 bottlers? They needed technology that would allow them to identify and have this visibility of inventory, which you guys allow them to do, but to enable their customers to have an experience with a personalized bottle of Coca-Cola. >> Right. >> Amazing how the technology opens up doors like that, and allows these businesses, whether it's something as an establishment like Coca-Cola, or a Baked by Melissa, to be able to deliver this relevant, personal experience, at the touch of a button. It's Amazing. >> Well, listen, and it's non-negotiable, right? Think about your own experiences as a consumer. Who are you shopping with? I'm shopping with brands that understand me, that know what I need, that are offering value-add. You know, you might also revolutionize the way that we view our experiences, and we really don't have patience. Like you said, we have digital, everything is very quick, and I think the experience is the differentiator. We're really focused, again, on taking the technology out of your planning equation so that you can focus on what are you offering? What are you delivering? How are you delighting? That's a big, big area of opportunity and I think what you do to delight and engage and if you're using data intelligently, and not just the nitty gritty of data, but also simple things, the way that you welcome people via email, the way you engage on Instagram. There's a number of ways to do things that don't really require a lot of planning, a lot of cost, and so in our content efforts, we're really encouraging merchants to think about that. How do you do things in a sort of home-grown way without spending a lot of time or money? We have to be agile, we have to be quick as marketers, I certainly know that, that's the world I live in, and again, it's non-negotiable. I think as a consumer, if I don't feel that you understand me, if I don't feel that you're paying attention to the things that I'm buying or not buying, I'm going somewhere else. I'm going to go to a place that makes me feel as though I'm going to be fulfilled and delighted. I think delight is such an understated thing, but we're here at the Wynn which does a wonderful job with experience and everywhere you go it's so delightful and wonderful. >> Lisa: It is delightful! >> I came back to the room last night and my computer cord was just rattled up ever so gently, and I thought, That's delightful! You know, I Instagrammed that. That's a perfect example of providing experience that is superior. >> Speaking of experience, we just had the gentleman from the Accent Group on, Mark Teperson. It was so interesting how they've taken this company down in Australia and New Zealand, with multiple, many, many, many brands of footwear. And, you know, the online and the physical world have been merging in retail for a while now, but what they're wanting to do, to click and collect, and to create this in-store experience. It was such an interesting way of thinking about and hearing from a Chief Digital Officer say, We want to be able to enable people, especially mobile first, we're sitting on the couch with these things often, but to enable them to be able to come into my store and have an experience. That word is, we heard that referenced in many different times today, the Accent Group was a great example of that, as well as when we had your V.P. of Strategy on saying, A lot of cases depending on the, whether it's B2B or B2C, it's not mobile too, it's mobile only. It's not just leveraging technology and data and analytics to understand what I want as a consumer, but it's how I want to consume it. So it's what I was saying earlier about we're seeing this level playing field of how services are delivered, equally as important as the content that you're going to deliver to me. >> Yeah, absolutely. Again, non-negotiable, right? This idea of an omni-channel experience bridging the gaps between online and in-store, like you said, we're on the couch. I almost never shop on a computer any more, right? I'm mobile, we're enabled, we have PayPal, we our credit cards saved. I think to keep that momentum going, you want it to be a seamless experience. How many times have you gone online and found that an item is supposed to be available in the store. When you go, it's not there, right? I've even done due diligence as a savvy shopper who works in retail and says, Let me call the store and make sure it's there. There's really no margin for error there, because when we talk about experience, if you do go in store, and if you do take the initiative to make that purchase and take time out of your day, right, we're all busy people. I think mobile and digital has made it easy, especially Amazon Prime revolutionized that. (mimics beeping noise) Two days, it's on your doorstep. I think as we look to see who's sort of mimicking that experience, I think an easy way to do it, is simply put, have your systems connected, ensure that things are integrated, ensure that your inventory visibility is on point. It's a non-negotiable experience, really. >> Well, Amanda, we've had a blast at Magento Imagine 2018. Our first one, looking forward to being back next year. Thank you for putting together a great array of guests. I know we've learned a ton about this. I won't look at online shopping again the same. We want to thank you for helping us have a really enlightened and delightful conversation. >> And likewise, we've loved having theCUBE. You guys have been wonderful. I've learned a great deal and it's been really nice spending this time with you. So thanks for having me, Lisa. >> Absolutely. We hope you've had a delightful experience today with us on theCUBE. We've been live at Magento Imagine 2018. Check out theCUBE.net where you can find all the replays of the segments that we filmed today. You can also find the editorial components on SiliconANGLE.com. I'm Lisa Martin for theCUBE. We'll see you next time. (upbeat music)

Published Date : Apr 25 2018

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Brought to you by Magento. Welcome back to able to be here with you to see female leaders that really differentiates have really brought that to life. and the experiences there. talking about the fact that small to large alike. Is it something that helps you go back to and I still want a cupcake. that she doesn't have to bring it to life with business. One of the things that you that have been on the program today that they had to figure out, to be able to deliver this and I think what you do to delight I came back to the room last night and to create this in-store experience. that an item is supposed to We want to thank you for helping us have and it's been really nice segments that we filmed today.

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Mark Teperson, Accent Group Limited | Magento Imagine 2018


 

>> Narrator: Live from the Wynn Hotel in Las Vegas. It's theCUBE. Covering Magento Imagine 2018. Brought to you by, Magento. >> Welcome back to theCUBE, our continuing coverage of Magento Imagine 2018. We're at the Wynn in Las Vegas. You can see it's happy hour behind me. I'm Lisa Martin, we are joined by Mark Teperson the Chief Digital Officer of Accent Group, customer of Magentos'. Thanks so much for stopping by theCUBE and having a chat. >> Thanks Lisa, great to be here. >> So you are an award finalist, the Imagined Excellence Awards are what, in just about an hour and a half. But this is really cool, you are a finalist in several categories. The best in class fulfillment with Platypus Shoes. The best mobile experience with Athlete's Foot. And you yourself are up for Commerce Leader of the Year, wow. >> Yeah. >> I feel like I should be asking for your autograph. >> No please, please, look it's really humbling to have been nominated for so many awards. I think, the thing for me is that it's a huge acknowledgement of the work of the entire team that makes this happen. You know, I have the privilege of being the face of it. But it is an extraordinary team that I get to lead and work with across the organization that really kind of makes all of the magic happen. So, I'm representing them tonight as well. >> Awesome. So tell our viewers who Accent Group is. Where you're located. All that good stuff before we kind of get into all the magic. >> Yeah sure. So the Accent Group Limited is a publicly listed company in Australia. We own and operate nine different retail formats and about 13 different wholesale distribution licenses. We are the largest footwear retailer in Australia. We have 445 stores across both Australia and New Zealand. We turn over in excess of around $800,000,000. So a big business in Australia. >> A big business, many many brands as well from Doc Martens to Timberlands to Sperry Top-sider. So quite a diverse set of brands as well. >> Yeah, look it's, one of the great things about my role is I get to work across the continuum of kind of consumers. And the way I describe it is, is I get to work, that we see everything from first walkers to last walkers and everything in between. And so, from a digital perspective that gives us a really unique opportunity to track and observe the behavior of consumers and their adoption rates of different technologies and different consumer patterns. Which allows us to perhaps be a little bit more responsive and a little bit more considered in our investments of technology. >> That's what we want as consumers right, we want a personalized experience. Mobile, huge. Mobile, pointing at the wrong thing, tablet whatever. We want that, we want, wouldn't we be marketed to but we want to have an experience that's relevant as that's seamless as well. How did you go about, well talk to us about the digital transformation of Accent Group. You've been there a long time. >> Mark: Yeah. >> How are you leveraging technology over the last few years to transform and be able to facilitate a true omni-channel business. >> Yeah look its a great question, it's been a long journey for us. You know this didn't happen overnight. This has been a very long journey. It was initially really backed by our board and we started on this journey five years ago. I've had fantastic support from our CEO, through the transformation process. And that really set the path for us to be able to start transforming ourselves. I think lots of retailers get it wrong when it comes to technology. They make the cardinal sin of building monuments to themselves. You know they build things that they think are great representations of their brand. But if they just stopped and considered you know, what does the consumer really want, what is that unmet need of the consumer or what is that problem that I'm trying to solve? I think we'd all make better investments and deliver better experiences for consumers. And, so we've been really diligent in kind of thinking about and understanding what our consumer was looking for, from us. And, really prioritizing, you know, the million things that we could be doing to a really strong set of, of foundation building blocks, that would set ourselves up for a digital transformation and hopefully a very prosperous future. >> So we mentioned the awards that your a finalist for. Talk to us about what you're doing with Magento, from your seat as the Chief Digital Officer. What were some of the key criteria that you said, you know we don't want to fall into the same trap that we've seen a lot of other retailers fall into and build a monument to ourselves. We're going to listen to consumers and be able to create this responsive experience for them that obviously reaps a lot of financial rewards for us. What were some of the key criteria that you set out with, saying we've got to be able to have technology that enables A, B, C. >> Yeah look, so when we were thinking about how to bring our strategy and our vision to life, there were a couple of things that we were really looking for. One was flexibility and the ability to, realize, I suppose, re-imagine a consumer experience. So we needed that flexibility and because we have so many brands that we retail and we represent, we needed something that could be multi-site, multi-platform as well. So that was some of the key considerations that we came to. But when we were thinking about the consumer experience it was really about the delivery of that front end experience. So, how do you deliver a really great click and collect experience for a consumer. How do we deliver, ship from store, with a high level in degree of accuracy for the consumer so that we don't disappoint them. And now as we kind of look forward, we're looking at how we can deliver same day delivery in three hour delivery, not just in a single city but across the entire country of Australia and even New Zealand. By re-imagining our stores not only as experience centers for consumers to really touch and feel the product but as distribution centers to be able to get product to customer much faster. And Magento has really enabled us to transform and realize that experience that we re-imagined for our customers. >> So I was telling you before we went live that I watched the video. The video testimonial that you guys have done with Magento and with the case study. And, I am a stats person. I love stats because it's really the voice of the customer is the best brand validation any vendor can get. But being able to show a positive business outcome that is quantitative, is huge. >> Mark: Yeah >> You guys achieved with one of your brands, a 10X increase in sales growth, in 10 months. >> Mark: Yeah >> Tell us a little bit about that. >> Look that was unexpected. I think it blew everybody away. We took a great brand and a great business, Platypus Shoes. And this brand is really geared up for the Millennial consumer. Really deeply ingrained in the culture of Millennial life. We sell fantastic brands, Nike, Addi, Vans and Timberlands through that business. And we have a fantastic in-store experience. And so our digital experience was just really kind of dragging the chain. It wasn't living up to that expectation that the consumer had, once they've experienced our physical retail. So we took an old platform and we decided to take the plunge into M2. We were one of the very first enterprise customers on M2. And in the delivery of that platform we launched and very soon after, followed up with click and collect. And ship from store, to really enhance and connect the consumer experience. Lots of people talk to this vision of omni-channel. It's much harder to execute. It's much easier in theory than it is in practice. >> Of course, yeah. >> But what we learnt in a very short period of time was that the consumers really wanted to transcend our channels. And they loved the experience that they were getting in each of the channels, separately but together as well. And so this halo effect, we had so much brand equity with our Platypus business that as soon as we were able to deliver on that unmet need that the customers were telling us that they wanted, they came to us in droves. And so we had a 10X increase in sales in 10 months which is a pretty staggering outcome. It's been fantastic for the whole business. >> It's interesting that you talk about the in-store experience. What are some of the other benefits that the stores are getting? I imagine if you can do like ship to store, there's going to be more store traffic as a result of having this seamless experience for the customers. >> Yeah. In the whole strategy when we think about omni-channel strategy, the best, the very best channel for a consumer to actually engage with us in and purchase is click and collect. And I'll tell you why. Because in click and collect, what you've done is you have captured that online demand that exists for products and they've said to you that I actually want to come and pick it up in your store. And when they come and pick it up in your store, by doing that the 12 other retailers that they have to walk through in the mall to kind of get to you. There not going to shop there because they have committed money, they've committed funds to your business. And so that gives us a fantastic opportunity when that customer walks into your store, you know that they are a serious consumer. And that gives us great additional opportunities to introduce new products or experiences to that customer. So by capturing that demand online and driving them into that in-store experience, we get to showcase the best of both environments. That really savvy fast, fun, content lead digital experience and that sensory experience in-store. Where you get to feel and touch the product and talk to our awesome team members. And really have a fun experience buying shoes. You know the wonderful thing about footwear is and I always joke about it, is that unlike the apparel space and fashion, shoes don't make you feel fat or thin. They just make you feel good. >> That is true. I feel really good in the shoes I'm wearing today. >> There you go. >> So, huge success with launching this with Platypus. Like you said, it even kind of surprised you guys. Do you have a line out the door of the next, from a strategic vision perspective, the dominoes all lined up. Ready to just launch this thing. >> Yeah, absolutely. So I think one of the things that's led us to be really successful is the discipline that we have around how we roll out strategy. And supported by a phenomenal team across the entire Accent Group. I think what's really important to kind of acknowledge is, is that it's not one person, it's not one division that makes this stuff possible. It's an entire organization. And it's entire groups of people that come together to really make this possible. So some of these initiatives involve more than 50 people across the entire organization representing every facet of the business. And so through the discipline that we bring to our strategy process, we've got a really, well planned pipeline of product and innovation that comes over the next 12 months. In fact our pipeline feels pretty full at the moment. Some of that looks like endless aisles. So what we've done was ship from store for our digital business in terms of driving and fueling sales, is in reverse. So endless aisle gives stores that same capability. So our regional store that might not have the full assortment of product can now tap into $110,000,000 worth of inventory across our entire business. >> Lisa: Find it anywhere. >> Find it anywhere and we can get it to that customer and not only will we get it to them free of charge. We'll do that next day. And that's a pretty amazing proposition for a consumer. In addition to that we're looking to roll out same day and three hour delivery again across the entire country. Both Australia and New Zealand. That requires a huge amount of coordinated effort a lot of integration, a lot of sales process. To make sure that we can, I'm not even sure if it's a word, systematize you know, how you do this because it's all very well to have this capability plugged into a business, but you've got to be able to deliver that fantastic experience for the consumer. When they un-box that product or when they come in-store to pick up that click and collect order, that it doesn't feel like a foreign experience for the sales team who are serving those customers. And the customer feels like it's a really well thought out process. >> So as we look back at your last question. The digital transformation that you're on with the Accent Group and the time that you've spent there, what excites you about you know the rest of 2018. Is it being able to take on advanced technologies like machine learning and Artificial Intelligence to make that experience transcendent across digital and physical stores, even better? >> Yeah you know, I often get asked the question, "What keeps you awake at night?" And they're two things. The first one is, the competition that doesn't exist today. And that includes technology so the rapid evolution and adoption of technology and how that can disrupt the market. And the second thing is, what the customer wants tomorrow. Those are two very salient things that keep me awake at night. So what keeps me excited I suppose is looking at the success and the way in which we adopt and roll technology and strategy through the business. It's not technology for technology sake. It's really easy to get caught up in the hype around some things so I've been following the A.I. trend now for three years. It finally feels like it's reaching commercialization in the market. And I think in the next 12 months we certainly will see a much greater adoption of parts of Artificial Intelligence in how it can power better consumer experiences and perhaps even better intelligence in decision making in our organization. It's a very humbling thought to think that, you know whilst I know a lot about the industry and space, there a 1,500 things that happened yesterday and the day before that and you just can't keep up. And nobody has the monopoly on good ideas so events like this and getting out and talking to people and figuring out you know, what is that next big idea. What is that trend that's riding you know in the market. That's how we try and figure out what the next big thing is going to be. >> And we've felt that all day with commerce is limitless, opportunities are limitless as well. Mark, thanks so much for, >> Not a problem. >> stopping by and telling us about what guys are doing down in A (mumbles), it sounds, pretty awesome. >> Fantastic, thanks for having me. >> Absolutely our pleasure. We want to thank you for watching theCUBE, we are live at Magento Imagine 2018, in Las Vegas. I'm Lisa Martin. Stick around, we'll be right back to wrap up the day. (light music)

Published Date : Apr 25 2018

SUMMARY :

Brought to you by, Magento. by Mark Teperson the Chief Digital Officer of the Year, wow. asking for your autograph. a huge acknowledgement of the work of kind of get into all the magic. So the Accent Group Limited is from Doc Martens to Timberlands And the way I describe it is, Mobile, pointing at the technology over the last few years And that really set the criteria that you said, of accuracy for the consumer really the voice of the customer with one of your brands, that the consumer had, in each of the channels, that the stores are getting? by doing that the 12 other retailers I feel really good in the the door of the next, every facet of the business. And the customer feels Is it being able to take and how that can disrupt the market. And we've felt that all day down in A (mumbles), it back to wrap up the day.

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Todd Skidmore, Coca-Cola | Magento Imagine 2018


 

>> Announcer: Live from the Wynn Hotel in Las Vegas, it's theCUBE, covering Magento Imagine 2018. Brought to you by Magento. >> Hey, welcome back to theCUBE, I'm Lisa Martin, live at the Wynn, Las Vegas at Magento Imagine 2018. We've had a really cool day here talking about lots of facets of commerce, e-commerce, and really talking about commerce as a center of gravity around digital transformation. If you drink Coke like I do, you're going to be pretty excited to hear our next guest. We've got Todd Skidmore, the manager of eCommerce from Coca-Cola. Todd, thanks so much for joining us. >> Thanks for having me. >> So I'm super thirsty now, there's probably some Coke bottles behind us. >> (laughs) Yeah, exactly. >> So everybody knows the iconic Coca-Cola brand and the Share A Coke branding that you guys have been using a long time. As retail, and really as consumers, as we've really started to change the way, not just that we buy, but the experience that we want to have, I'd love to hear the journey that you guys are on at Coca-Cola to make a product that's been around for how long, really personal. So talk to us about what the Share A Coke journey is, and let's start with why you even started it. >> Perfect. Yeah, so the campaign actually started really as an opportunity to connect with consumers in a more personal way, and it was an in-store campaign. It started in Australia, actually, in 2011, and was hugely successful, so it moved its way across the world and made it to the U.S. in 2014 and of course, you can imagine the U.S. as big as it is, and we have the distribution, and complexities, and manufacturing, took a few years to bring it, but it was hugely successful in 2014, but of course, success breeds opportunities, and with that, people started going, "Well, I can't find my name on a bottle "in the store, how can I get my name?" Posting on social media, et cetera, which is great exposure, but we had an opportunity, so when we brought the program back for the next summer, the campaign in-store as well, we also brought in our first foray into direct-to-consumer e-commerce where you are able to go onto the site, personalize a bottle yourself, and get any name on a bottle. You weren't restricted to what was in the store, or even if it was in the store and you couldn't find it, now you had an opportunity to bring that to life. So that's kind of been the journey, and that was three years ago when we launched the site, and now we've gone from just basically selling one skew, which was a Coke bottle, infinitely customizable one skew, but one skew, to now we have over 6,000 skews on the site, including licensed merchandise, lots of different bottle options, all kinds of stuff, so. Really, the whole thing has been about connecting with consumers, listening to what consumers want, and then bringing those experiences and the brand in a really special and unique way. >> I love that you're listening and taking that consumer feedback and identifying by doing so, I imagine, using big data and analytics, to then identify additional business models and revenue streams for Coca-Cola. >> Yeah, so, the crazy thing is we started it and the big thing was you can get your name on a bottle. Well, then we started realizing by looking at the data that people were using it for weddings, and events, and all kinds of things, and reunions, and graduation parties, and so being able to customize it and have it for an event like that brings really a special, you know, the Coca-Cola to those occasions, which is exactly what we want as a company, is to be a part of the communing and occasions like that, so being able to use that data to drive our products and also drive our marketing. So now we don't just talk about getting your name on a bottle, we talk about these occasions and marketing. We have a whole wedding page, talking about weddings, et cetera, so. >> Wow! That's cool. So you guys are a award finalist here at Magento Imagine 2018 for the Imagine Excellence Awards in the Customer Insights category, and it's kind of (mumbles) with what you were just saying in terms of listening to customers, but also from a data-driven standpoint, you mentioned marketing, and I'm a marketer, and marketing is now a science because there is so much data available, but as consumers we want that. We want an experience, whether its Coca-Cola or some other retailer, we want them to know enough about us, to not steal our data, but to be able to deliver a seamless experience regardless of channel, that's relevant to me as a person, as a human. And that's something that you guys will find out, I guess tonight at the awards ceremony. >> Yeah we'll see what happens tonight, but yeah. So we definitely try to use as much data as we can to inform where we're going to take the next program, marketing campaign, et cetera. So it's listening to what people are buying or even saying in the reviews, et cetera, so. >> So in terms of the genesis done in Australia, and then brought it to the states as an in-store program seasonal, a few years ago you've launched the online direct-to-consumer, I imagine, mobile, tablet, any way that they want to consume it. >> Yep. >> Talk to us about opening up this channel, direct-to-consumer and what that is helping achieve from a business perspective. >> Well, I think it's another way to sort of certainly learn more about what our consumer wants, and we certainly get probably the best data that you can get on an eCommerce site than you get even compared to almost any other type of platform or way we've had in the past. We've had rewards programs in the past which was also another way to get great consumer data, but this is one where you absolutely know if someone makes a purchase they're making an investment in your brand, which means you know that's a valuable customer, and that's a valuable consumer that you can then understand that's the type of people that we want to be associated with, market to, and have them be a part and connected to our brand. >> So the responsiveness to your consumers is quite clear. If we take a look at, you said 6,000 skews now? >> Todd: Yeah. >> So it's expanded beyond the actual Coca-Cola bottle. So many different opportunities. How are you using technology to help manage and track all these different skews and ensure that supply and demand is in sync. >> So, we do the best that we can while-- we are, I will be honest with you, we're a pretty scrappy bunch within Coca-Cola, and we have an analytics team, or person I should say, a 'team', person, and we rely on that to pull that data down and analyze it and take a look at what's happening. We're of course reviewing that and reacting to it as quickly as can. I talked about an example in my speaking session earlier today where, at Coachella, TeenVogue picked up one of our outfits and took a picture of a model there. It started trending on Instagram, and it was only offered in-store, in our brick and mortar stores. We were able to get it up online within 24 hours so we could start reacting, so of course that just happened days ago. >> Right. >> So, we're really trying to be progressive and fast and agile about reacting to what consumers are interested, because they were on Instagram going, "Hey, where can I buy this?" et cetera, and so being able to sort of react and do those things is exciting. >> Absolutely. One of the things that I find interesting, and we've talked a lot about this today with out guests, is the conveniences that we expect as consumers, right? We want to be able to go to any device wherever we are and buy whatever we want, and expect that it's going to show up in a little brown box on the doorstep two days later. How are you seeing trends in the consumer space spill into the corporate space? >> Maybe reword that again so I... >> So you're selling to consumers, and you're doing a lot of pivoting, "Hey, they want this, they want that." >> Todd: Oh, okay, so like corporate orders? >> Exactly, exactly. >> Yeah, I mean, I think really we all know that the whole business world and everybody's lives are coming together. It used to be traditional, it was like work was my work and personal was my personal. That's not the case anymore, and also with e-commerce sites, b to b sites now are becoming more like d to c sites. People are expecting much more of it, expectations are much higher from what you're going to deliver on a b to b site. So I think all these worlds are sort of merging, and I think from a corporate perspective, they see an opportunity with a Coca-Cola brand, and we want to be able to deliver that on the corporate side as well, so. >> So is that business growing then, in terms of companies coming to the website to, like you see with, you said weddings and other occasions, is corporate buyers now kind of at that level? >> Yeah, so we even have hotels buying for events on our site now, so we have some relationships there that we've tapped in to, which is the great thing about Coca-Cola is we have all these partnerships with properties, entertainment, et cetera, and we try and bring all those things. That's been a big focus of mine, is taking advantage of the things that Coke already has in place, and bringing them to a new way, and a new way to sort of participate in those partnerships via the bottles basically. >> So the website is by... >> Well, you can go to cokestore.com, that's the easiest way, or shareacoke.com. The reason we've sort of moved to the cokestore.com, think about it, it was kind of a program to begin with, now Share A Coke is just a piece of sort of an overall direct-to-consumer offering that we have. >> So, exciting opportunity tonight with being a finalist with this award, what are some of the things that you're looking forward to as 2018 continues in terms of, maybe some of the next iterations of products or opportunities based on what you're hearing from your consumers? >> Yeah, I think the next year or so is really going to be interesting and where we go in terms of direct-to-consumer and what things we can push into further, I mean we know we've got a really good, solid, we know that we need to to be able to offer something that is special and unique so we will continue to follow that path of, we're not going to try and compete in selling something that you can get everywhere else. It just doesn't make sense. But we want to be able to offer things that we can truly offer that are unique from what you can get elsewhere. >> And continue that personalization, and relationship. >> Yeah, that'll be driving our roadmap forward will we always be unique, special, personal, exactly. >> Awesome, well Todd, thanks so much for stopping by and sharing about Share A Coke. >> Yeah. >> Now I know where to go to order a bottle since you didn't bring me bottles that say Lisa on them. >> I should've brought you a bottle, yes. >> That's okay, next time. >> Yeah, alright, perfect, thanks. >> Thanks so much again for your insight, really interesting conversation. >> Alright, thanks for having me. >> We want to thank you for watching theCUBE. I'm Lisa Martin, live at Magento Imagine 2018. I'm going to go get myself a Coke. I'll be right back with my next guest, see you then.

Published Date : Apr 25 2018

SUMMARY :

Brought to you by Magento. pretty excited to hear our next guest. So I'm super thirsty now, and the Share A Coke branding and of course, you can imagine and taking that consumer and the big thing was you can in terms of listening to customers, So it's listening to and then brought it to the states Talk to us about and connected to our brand. So the responsiveness to and ensure that supply and reacting to it as quickly as can. and so being able to sort of react and expect that it's going to show up and you're doing a lot of pivoting, and we want to be able to deliver that and we try and bring all those things. of a program to begin with, that we can truly offer that are unique And continue that Yeah, that'll be for stopping by and go to order a bottle Thanks so much again for your insight, I'm going to go get myself a Coke.

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Sucharita Kodali, Forrester Research | Magento Imagine 2018


 

>> Narrator: Live from the Wynn Hotel in Las Vegas, it's theCUBE covering Magento Imagine 2018. Brought to you by Magento. >> Hey, welcome back to theCUBE. We are continuing our coverage live from the Wynn Las Vegas at Magento Imagine 2018. We've had a really exciting day talking about commerce and how it's limitless and changing dramatically. Joining me next is Sucharita Kodali, the vice president and principal analyst at Forrester. Sucharita, it's great to have you on theCUBE. >> Thanks for having me, Lisa. >> So commerce is limitless. We've been hearing this thematically all day. You primarily are working with retailers on their digital strategies. And you've been doing this for a long time. Let's talk about the evolution that you've seen in the retail space with everybody expecting to have access to whatever they want to buy in their pockets. >> Right, right, right. I would say, so I've been working in the retail industry for the last two decades. I've been an analyst for the last 10 plus years. I've really seen a number of changes. And if I had to just summarize the biggest changes, one is just the inventory across different retail channels. So, that's definitely been a huge huge one. It's like, how do you, how do you order online, but then fulfill the item from a physical store or fulfill the item from another store? So those are, that's basically the digital transformation of retailers. Those are investments that companies like WalMart and Target have really been doubling down on and focusing on. The second big change is Amazon. And they single-handedly have transformed the retail industry. They have increased consumer expectations. And what Amazon's also done is reinvented retail as a business model. Because it is no longer about just selling product and being profitable selling that product. Amazon actually is not profitable with a lot of the items that it sells. It makes money in other ways. And it is probably what I would describe as America's first retail conglomerate. And that becomes a really interesting question for other companies to compete, do you have to become a retail conglomerate? Then, the third big change is just brand selling direct to consumer. I remember when I started at Forrester, my very first project was with a large consumer electronics company that asked, Well, should we even sell directly to consumers? There's channel conflict and issues with our distributors. And now, that's not even a factor. It's sort of table stakes you have to sell direct to consumer. And that's probably where we'll continue to see a lot of retail sales in the future. >> So the Amazon model, we expect to be able to get whatever we want whenever we want it, have it shipped to us either at home or shipped to us so we can go pick it up at a store. It's really set the bar. In fact, they just announced the other day that a hundred million Amazon Prime members. I know people that won't buy something if it's not available through Prime. But I think this morning the gentleman that was on main stage from Amazon said at least 50% of their sales are not products they sell, they're through all of the other retailers that are using Amazon as a channel as part of their omni-channel strategy. If you think of a retailer from 20 years ago, how do they leverage your services and expertise and advice to become omni-channel? Because as today, you said essentially it's table stakes for companies to have to sell to consumers. >> Yeah, yeah. There are so many questions that really require, I call it destroying the retail orthodoxies. And retail has historically been about buyers and merchandisers buying goods. There's the old expression in retail, You stack 'em high and watch 'em fly. And that is just where buyers would, Take a company like Toys R Us, they would basically take what Mattel and Hasbro told them to buy. They would buy a ton of it, put it in stores. And because there was less competition back in the '80s, consumers actually would buy that merchandise. And unfortunately, the change for retailers is that consumers have so much more choice now. There's so such more innovation. There are small entrepreneurs who are creating fabulous products, consumer tastes have changed. And this old paradigm of Mattel and Hasbro, or kind of fill in the blank with whatever vendors and suppliers, pushing things is no longer relevant. So, there was just an article in the journal today about how Hasbro sales were down by double digits because Toys R Us is now going to go out of business. So those are the kinds of things that retailers who did not adjust to those changes, they are the ones that really suffer. They don't find ways to develop new inventory, they don't find new channels for growth, and they don't protect their own. They don't build a moat around their customers like Amazon has done, or they don't find ways to source inventory creatively. That's where the problems are. >> You think that's more of a function of a legacy organization; having so much technology that they don't know how to integrate it all together? What do you think are some of the forcing functions old orthodoxies that companies that don't do it well are missing? >> Yeah, it's a lot of it is just in the old ways of doing business. So, a lot of it is being heavily dependent, for instance, on buyers and merchandisers buying things. I mean, one of the biggest innovations that Amazon realized was that, look you can sell things without actually owning the inventory. And that is, their entire, what we call the third party marketplace, and that is just so simple. But if you were to ask a buyer at a major retailer a decade or two ago, "Why do you have to buy the inventory?" their response would be, Well, you have to buy the inventory, that's just the way it is. And it's like, well why? Why don't you try to find a new way to do business? And they never did. But it took Amazon to figure that out. And the great irony of why so many retailers continue to struggle is that Amazon has exposed the playbook on how to sell inventory without owning it. And so few retailers to this day have adopted that approach. And that's the great irony I think, is that that's the most profitable part of Amazon's business is that third party marketplace. And every retailer I've talked to is like, Oh, it's really hard. We can't do that. But, the part of Amazon's business that everyone is looking to imitate is their fast shipping. Which, is the most expensive part of their business. Amazon is only able to afford the fast free shipping because of the third party marketplace. Other retailers want to get the fast free shipping without the marketplace. And it just doesn't make any sense. And that's really the heart of the challenge is that they just don't think about alternative business models. They don't want to change the way that they've historically run their businesses. And some of this could mean that merchants are not as powerful in organizations. And maybe that's part of the pushback is that, there could be a lot of people who lose jobs. The future will be robo-buyers and financial services you have robo-advisors, why not robo-planners in retail? >> So one of the keys then, of eliminating some of the old orthodoxies for merchants is to be able to pivot and be flexible. But it has to start from where in an organization from a digital strategy perspective? Where do you help an organization not fall into the Toys R Us bucket? >> Yeah, I think a lot of it does have to start with merchandising and putting in some interesting digital tools to help merchants be more flexible. So, you want to flex to supply and demand. And some of that comes with integrating marketplaces into your own experience. Some of it can be investing in 3D printers that can make things that are plastic or metals based on demand. That's something that I always wondered why Toy R Us didn't, for instance, make Fidget Spinners on demand. Why did you have to get them with a six month leave time from China, it never made any sense. You can scale service, so use technology to match great store associates with a customer who may have a question. And you don't have to be in the same store. It can be a Facetime call with somebody who is far away. But very few retailers do that. And finally, the last bit is really to look at new alternative business models and finding new ways of making money beyond just selling inventory. >> That's really key because there are so many oppurtunities when companies go omni-channel of not just increasing sales and revenue, but also reducing attrition, making the buying process simple and seamless. Everybody wants one click, right? >> Right. >> Super seamless, super fast, and relevant. It's got to be something if you're going to attract my business, you need to be able to offer something where you know me to a degree. >> Absolutely. >> Or know what it is I might have a propensity to buy. >> Absolutely. And that's the entire area of personalization. And that personalization can be anything from a recommendation that I give you. It can be proactively pushing a recommendation. That's what companies like Stitch Fix do is I tell you what I want and then they send you a box in the mail of things I think you would like and oh, by the way are your size and within your budget. It can be customization. One of Nike's most successful parts of their business is their Nike ID program which allows you to customize shoes according to colors and different sort of embellishments that you may like. And that's exactly the kind of thing that more retailers need to be looking at. >> What are some of the trends maybe that a B2B organization might be able to love or some of the conveniences that we have as consumers and we expect in terms of-- Magento, I was looking on their website the other day and a study that they've done suggests 93 percent of B2B buyers want to be able to purchase online. So, new business models, new revenue streams, but it really is a major shift of sales in marketing to be able to deliver this high velocity low touch model. What are some of the things that a business like a Magento, could learn from say a Nike with how they have built this successful omni-channel experience? >> Well, interestingly I think one of the most important things to recognize is that every B2B buyer is also a B2C buyer. And their expectations are set by their experiences in B2C. So, if you have everything from all of the information at your fingertips, all of that information is optimized for mobile devices. You have different ways to view that information, you have all of your loaded costs, like shipping, or tax, or if there's cross-border. All of the information related to the time to ship, any customs and duties, all of that needs to be visible because in any experience that you have with say a site like Amazon, you're going to get that information. So, the expectation is absolutely there to have it in any situation whether it's B2B or whether it's buying components or kind of very long tail items. That's basically the cost of doing business at this point, is that you have to deliver all of the information that the customer wants and needs. And if you don't, the customer is just going to opt to go purchase that product at whatever destination offers it. >> Somewhere else. >> And somebody will. That's the challenge when you have 800 thousand Plus eCommerce sellers out there selling every product imaginable in the both B2B and B2C landscape. >> So, on the data side there's so much data out there that companies have any type of business to be able to take advantage of that. I know that there's, BI has so much potential. Are you hearing retailers start to embrace advanced analytics techniques, AI machine learning, Where are they with starting to do that? I know that some eyeglass companies have virtual reality augmented reality type of apps where you can kind of try on a pair of frames. Where are you seeing advanced analytics start to be successful and help retailers to be able to target buyers that might say, oh, I can't try that on? No, I want to go somewhere that I can touch and feel it. >> Yeah, well, it's emerging still. I mean, retailers have a lot of data. I think they're trying to figure out where is it most useful. And one of the places where it is incredibly useful is in the backend with fraud management. So, after retailers were forced to put in chip cards as a payment form, what you started to see was more of the fraud shifting to eCommerce. I just had two credit cards that had to be shut off because of E-commerce fraud. But that is where you see the fraudsters going to. And what you see as a result of that is some innovators in that space technology companies really leveraging machine learning, AI, other advanced data techniques to identify fraudulent transactions and to better help retailers eliminate or reduce the percent of transactions that have to then be charged back. So, that's probably one of the most promising areas. There are others that are emerging. We're seeing more visual recognition technologies. House for instance, is excellent at that and Pinterest too. If there's part of an image you like you can click on it or you can tap it and see other images like that. And that's incredibly difficult. And it was even more difficult 10-15 years ago, but it's becoming easier. There's the voice element, voice to text or text to voice. I think that the best applications they're often in customer service, there are so many interactions that happen anywhere in a consumer facing world. It doesn't even have to be within retail. You can think about the complaints to the airline industry or to a bank. And a lot of it falls into a black hole. You always hear that oh, This call may be recorded, but it is really difficult to go back and transcribe that. And to really synthesize that into major themes. And what ML in particular can do is to basically pull out those themes, it can automate all of that, and can give insights as to what you could be doing, what you should be doing, what are the opportunities that you may not have even known existed. So there are definitely emerging places. I mean even a visual recognition, so we talked about House and Pinterest. Another great example is the computer vision that you have in the Amazon Go stores. And there's a robot that the Wal Mart stores are now testing to go find if there are gaps in the inventory that need to be filled. Or if something is running low or out of stock. So there are definitely some interesting applications, but it's still early days for sure. >> So last question, we've got to wrap here, but, we're in April 2018, what are some of the, your top three recommendations for merchants, as they prepare for say Black Friday coming up in what, six or eight months. What are you top three recommendations for merchants to be successful and be able to facilitate a seamless online offline experience? >> Well, we always have kind of imbalances between supply and demand, and that's where I do think things like third party sellers, third party marketplaces are huge. So to be able to leverage that is certainly one opportunity. Another is to think creatively about promotions. In Japan they have these promotions called Fukubukuro promotions, and it's basically like grab bags of like all the left over inventory. But then they basically put it into mystery bags where you can buy it for half off. And consumers line up around the block at stores to go buy these grab bags. Because they also have also like a gamified approach where, you know, one of out 10 of the bags will have like an Ipad or some really high value item. So people really like these things, and they have trading parties. So just new ways of having promotions beyond just the typical door busters that retailers think about. And then kind of third I think is just try to pace out the demand. One of the big issues in E-commerce has been just the burst in demand that always happen in December. And that creates a lot of problems from the standpoint of actually shipping the orders. So the more that you can pull those transaction forward into November, the better off you are from a fulfillment and supply chain standpoint. >> Alright Sucharita thank you so much for stopping by theCUBE >> Thanks Lisa >> And sharing your insights on the trends and what's going on in the commerce and E-commerce space. Really enjoy talking with you. >> Nice to talk to you too. >> We want to thank you for watching. You're watching theCUBE live from Magento Imagine 2018, I'm Lisa Martin. Stick around, I'll be back with my next guest after a short break. (upbeat music)

Published Date : Apr 24 2018

SUMMARY :

Brought to you by Magento. to have you on theCUBE. in the retail space with And if I had to just all of the other retailers that are using And that is just where buyers would, is that that's the most profitable part is to be able to pivot and be flexible. And finally, the last bit is really making the buying process It's got to be something if you're have a propensity to buy. And that's exactly the kind of thing of sales in marketing to be able of that needs to be visible in the both B2B and B2C landscape. of business to be able to of the fraud shifting to eCommerce. to be successful and be able to facilitate So the more that you can pull And sharing your insights on the trends We want to thank you for watching.

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