TIBCO NOW 2018: Innovating at the C-Level with the TIBCO Executive Summit

TIBCO NOW presented a unique opportunity for the C-level executives in attendance. In parallel with the annual conference on September 5-6, TIBCO held the Executive Summit, catering to executives across all companies and industries. With over 40 executives in attendance, it was a great opportunity for networking and for companies to learn about how they can implement their own innovation initiatives.

The purpose of the event was to give a condensed, C-level experience around innovation at the edge, the theme of this year’s user conference. This event was exclusive by invitation only to bring together some of the best minds in innovation and digital transformation. Attendees consisted of TIBCO customers, partners, and other special guests.

After a networking dinner the evening of September 5, the summit officially opened the morning of September 6 with opening keynotes from TIBCO CEO Murray Rode and COO Matt Quinn. The two executives talked about innovation from the TIBCO perspective as well as their own, while answering questions from the crowd. During the morning, attendees also got to hear from the CEO of Change Healthcare (a TIBCO partner), Neil De Crescenzo, about innovating in the healthcare industry and serving their customers with analytic insights.

Afterwards, TIBCO CTO Nelson Petracek hosted a blockchain panel with the CTO of Change Healthcare, Aaron Symanski; Martha Bennett, an analyst at Forrester, and Manager for Blockchain, Carlo Donadio, from Accenture. The panel discussed how companies are leveraging the emerging blockchain technology for business use cases. This wasn’t a discussion of the technology itself, but rather how it can be used for innovation and improving businesses from a line of business perspective.

The summit continued with TIBCO’s Senior Director of Analytic Strategy, Shawn Rogers, who shared the results of the 2018 TIBCO CXO Innovation Survey. The survey was an in-depth research study conducted with over 550 respondents worldwide about how and why today’s businesses are innovating. The results clarified that the companies who are investing in digital transformation are more successful than those who are not. Businesses who have digitally transformed are constantly innovating to disrupt their industries. On the other hand, those who are not investing in digital transformation find it more difficult to disrupt their industries.

The afternoon kicked off with a fireside chat between Dr. Peggy Whitson, former NASA astronaut, and TIBCO CMO Thomas Been. The chat focused on innovation in space, a preview of what the audience was going to get from her keynote at the final general session later in the day. Then, Rode chatted with Brian Sheth from Vista Equity Partners about innovation from Vista’s perspective.

As the afternoon progressed, Quinn came back to host an artificial intelligence/machine learning panel for those in attendance. The panel consisted of VP of Product Management at Marketo, Ajay Awatramani; Managing Director at Morgan Stanley, Katherine Wetmur; VP of Technology and Innovation at PerkinElmer, Karen Madden; and Senior Product Manager for SageMaker at Amazon Web Services, Kumar Venkateswar. The panelists gave perspectives about the use of AI and ML from the eyes of the business user and how it can improve operations and customer experiences across companies.

The Executive Summit concluded with Rode and Managing Director Murat Sönmez from the World Economic Forum discussing their final thoughts on innovation from a world perspective. This served as the final takeaway for attendees to take back to their own companies to inspire the beginning of their own digital transformation journeys.

In order to get an organization on board with innovation efforts, it must first come from support at the C-level. This Executive Summit was catered specifically towards executives with this in mind. It provided a valuable learning opportunity and experience for those at the C-level to get inspired to innovate at their own companies while learning how others are doing it at theirs.