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The Human Cloud How Online Collaboration is Turning into Real Solutions Eric Taussig Founder & CEO, Prialto

The Human Cloud: Evolution & Opportunities

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The human cloud has evolved from manufacturing to BPO and now to individuals outsourcing everyday tasks over online platforms. This opens up a whole host of opportunity, and some significant management challenges for how people get work done.

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Page 1: The Human Cloud: Evolution & Opportunities

The Human CloudHow Online Collaboration is Turning into Real Solutions

Eric TaussigFounder & CEO, Prialto

Page 2: The Human Cloud: Evolution & Opportunities

Overview

What is the Human Cloud?How has it evolved?Is it changing the way we work?Can it dramatically enhance productivity?What are the challenges & possibilities?What‘s the future of the Human Cloud?

Page 3: The Human Cloud: Evolution & Opportunities

Modern life often feels like this

Page 4: The Human Cloud: Evolution & Opportunities

We forget 95% in days. We apply less than 5% of what we learn.

We teach ourselves to squeeze more hours out of the day, but with little effect

Page 5: The Human Cloud: Evolution & Opportunities

Companies and individuals use SAAS apps to simplify, but are quickly overwhelmed

Within 30 days of purchasing an app, 95% of buyers have stopped using it.

Page 6: The Human Cloud: Evolution & Opportunities

Enter Outsourcing

The solution is now to outsource services to remote workers

Some experts estimate that online labor by independent "cloud" workers represents over $1 billion USD a year

It fits with ongoing trends surrounding market specialization, which are especially common with smaller companies that don’t have a large staff

Page 7: The Human Cloud: Evolution & Opportunities

The Evolution of Outsourcing

Manufacturing in the post-WWII Economy

Moving from Manufacturing to Crowdsourcing

Functional Specialties for Medium Size Businesses

Payroll, Accounting, Call Centers

Business Process Outsourcing for developing economies and Fortune 1000s

Software, HR, IT, Finance

AT&T Deregulation

Mass-Market VOIP

Human Cloud for Startups, SMBs and individuals

Ubiquitous Outsourcing and Collaborative apps

E-Lance, Craigslist, Kickstarter

1984 2004 20071990s1970s – 1990s

+

Page 8: The Human Cloud: Evolution & Opportunities

What is the Human Cloud?

Remote and virtual collaboration that can’t be done by apps alone (SwaS: software w/a service)

Throw your tasks out into the cloud, and they come back completed

+ = ?

Page 9: The Human Cloud: Evolution & Opportunities

Human Cloud SegmentsBrokers or

individuals who have a web

presence and are dedicated to a particular area

CrowdsourcingMatchmakers &Independents

Functional Specialty

Service Marketplace

Firms focused on traditional

business functions

Web-based aggregation of

firms and independent workers

Platforms that gather dozens of independent

workers to complete tasks

I III

Page 10: The Human Cloud: Evolution & Opportunities

$$ Tasks

$$$ Tasks

$ Tasks

$$$ Tasks33%+Increase in Productivity

Outsourced

$$ Tasks

Creating a Productivity Shift

$ Tasks

Page 11: The Human Cloud: Evolution & Opportunities

Increasing the Value of a CEO’s Time

Time Hours Rate Value

CEO 10% 1 $300 $300

Manager 40% 4 $50 $200

Worker 50% 5 $15 $75

Total 100% 10 $575

Time Hours Rate Value

CEO 50% 5 $300 $1500

Manager 40% 4 $50 $200

Worker 10% 1 $15 $15

Total 100% 10 $1715

CEO 1 has an annual value of $158,125

CEO 2 has an annual value of $471,625

Page 12: The Human Cloud: Evolution & Opportunities

Maximizing SaaS Applications

SaaS

SaaS SWaS (Software with a Service)

Benefits

Benefits

Page 13: The Human Cloud: Evolution & Opportunities

Traditional Services The Human Cloud

Management Challenges

Getting Started

with a new employee

Creating Context

to make the employee proactive and

confident

Ensuring Continuity

of people, processes and best practices

These challenges are not unique to the human cloud space, but are greatly exacerbated in a remote work situation. Ideal managers will need to have

honed their project management and team engagement skills.

Page 14: The Human Cloud: Evolution & Opportunities

Traditional Services The Human Cloud

Technology

Solution: An Integrated Approach

People

Process

TechnologyProcess

People

Page 15: The Human Cloud: Evolution & Opportunities

Future of the Human Cloud

Tandem 20 years ago Outsourcing now ubiquitous Phone = Free Collaborative apps = low cost Core competencies redefined Transform execution

The human cloud is integrating into everyday life

Page 16: The Human Cloud: Evolution & Opportunities