Each month, “Ammirati on Innovation” episodes will look at ways that the disruptive-startup mentality is spreading beyond young entrepreneurs to big established corporations. Serial entrepreneur, venture capitalist and Carnegie Mellon B-school professor Sean Ammirati, who sits at the intersection of these high-change dynamics, provides insight.
The Big Themes:
- ServiceNow vs. IBM: The market cap of ServiceNow, with $4 billion in revenue, is closing in on that of IBM, which is a 115-year-old company with $75 billion in revenue! Meanwhile, Bill ServiceNow CEO Bill McDermott teams up with IBM to unleash AI on IT. Go figure!
- The markets continue to go up: The economy at large is finding its sea legs – but it’s always about the future.
- Let’s figure out what customers want: Customers want solutions and they want solutions for the businesses that they’re in, and the industries that they operate in.
- Not the dream job it once was: Young people feel that working at Facebook today is about as appealing at working for a tobacco company. For top students at Carnegie Mellon, the dream job is with Elon Musk’s SpaceX.
The Big Quote: “It’s impossible to imagine a CEO on the golf course at Augusta saying, ‘I really need to fix my cloud infrastructure, but I don’t really care as much about my ERP solution.’ That’s just not how they think!”
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Cloud Wars Live Digital All-Stars
Sean Ammirati is one of our regular Digital All-Stars. The All-Stars are experts whose video podcasts will focus on the critical themes shaping (and re-shaping!) the business world here in the digital age of 2020. Our intention is to provide regular chunks of timely ideas and insights about high-priority subjects from industry veterans with diverse backgrounds.
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