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Digital Transformation of Businesses
A selection of documents, articles, papers, videos and other content for those interested in the transformation that is required when going 100% digital in an organization. I also try to highlight the impacts, both positives and negatives of that transformation. Like it? Please click "Recommend".
Curated by Farid Mheir
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Most mobiles apps have very bad retention rates, except messaging apps via @flurry

Most mobiles apps have very bad retention rates, except messaging apps via @flurry | Digital Transformation of Businesses | Scoop.it
In our latest analysis, we found that retention rates of messaging apps out-performed the average of all apps. Messaging app retention is 1.9 times better than the average for one-month retention and 5.6 times better than the average for 12-month retention. The chart below shows the average retention of messaging apps compared with the the average retention of all apps over one month, two month, three months, six months and 12 months. Here we define retention as users who launched the app “n” months after install. The below chart considers new user cohorts from from January 2014 - January 2015.
Farid Mheir's insight:

I would argue the real message in these charts is that most mobile apps have failed to deliver a good user experience or are very badly created/updated. With every company going mobile, this chart should speak volume to any executive about to spend 100K$ or more for its next app.


Read this post to understand why retention rate is so low

Why pixels is not always the answer http://bit.ly/1MvzvNy via @Estelle Metayer

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How Companies Learn Your Secrets #mustread via @NYTimes

How Companies Learn Your Secrets #mustread via @NYTimes | Digital Transformation of Businesses | Scoop.it
Your shopping habits reveal even the most personal information — like when you’re going to have a baby.
Farid Mheir's insight:

Deep dive into the world of retail analytics where buying behaviour is dissected and analyzed. Provides an example where Target was able to successfully identify that a teenager was pregnant before she told anyone. Which led her parents to discover the truth when they started received coupons for baby care products in the mail. Spooky but considering what I know and that the article was written 3 years ago, this is, unfortunately, old news with old technology. Today, we are much better at it...


Must read.

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Meet the man who built the awesome online attendance system for India’s government officials via @qz

Meet the man who built the awesome online attendance system for India’s government officials via @qz | Digital Transformation of Businesses | Scoop.it
Ram Sewak Sharma is a silver-haired, straight-talking bureaucrat who spent much of the last five years working out of an office near New Delhi's Connaught Place. Next door to him sat Nandan Nilekani, the former Infosys CEO.
Farid Mheir's insight:
This system sounds like the ultimate in control: publicly posting employee attendance online. Made possible by cheap fingerprint scanners and easy to use database reporting. Most interesting because it was introduced in India and deployed in a few months by a team of 2.I can easily see the uproar if this was deployed in Quebec!
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How did the Napa earthquake affect sleep?

How did the Napa earthquake affect sleep? | Digital Transformation of Businesses | Scoop.it
The Napa Earthquake was the strongest to hit Northern California in 25 years. See how it impacted the sleep of UP wearers in the Bay Area.
Farid Mheir's insight:

Data from wearable technologies can be mined in many different ways, here indicating the impact of an earthquake based on distance from epicenter. Wearables are starting to provide insights into phenomenons that they may not have been designed to do, and this is just the beginning. Similar to a story earlier this year from jawbone as well.


Bedtime Stories: Learning from Sleep Data- from #jawbone #StrataConf 2014 via @mrogati http://sco.lt/98dV8D


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86x more reach if your Facebook content generates 5K+ interactions - but only if you pay via@statista

86x more reach if your Facebook content generates 5K+ interactions - but only if you pay via@statista | Digital Transformation of Businesses | Scoop.it
This chart illustrates how interactions with branded content on Facebook correlate with reach.
Farid Mheir's insight:

This chart demonstrates that you have 86x more reach if you pay Facebook to promote your content, but only if that content generates interactions - likes, comments, shares, etc.

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How the Internet Is Taking Away America's Religion | MIT Technology Review

How the Internet Is Taking Away America's Religion | MIT Technology Review | Digital Transformation of Businesses | Scoop.it
Using the internet can destroy your faith. That’s the conclusion of a study showing that the dramatic drop in religious affiliation in the US since 1990 is closely mirrored by the increase in internet use.
Farid Mheir's insight:

Along the same lines of a previous post

#Countries With More #Money Tend To Be More #Godless via @bi http://sco.lt/5lMicT


This one however brings a very good analysis of the possible reasons for the correlation, along with remaining unknowns.


That being said, with all the media attention around "la charte des valeurs" in Quebec, US religious growth in the US politics, and of course all the more extreme religious countries, especially in the middle east, one can only wonder where the discrepancy with these data points comes from?

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#Countries With More #Money Tend To Be More #Godless via @bi

#Countries With More #Money Tend To Be More #Godless via @bi | Digital Transformation of Businesses | Scoop.it
The findings of a new study from Pew Research Center.
Farid Mheir's insight:

I love data!

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To update your #buzzword dictionary: The enterprise technologies to watch in 2014 via @dhinchcliffe @ZDNet

To update your #buzzword dictionary: The enterprise technologies to watch in 2014 via @dhinchcliffe @ZDNet | Digital Transformation of Businesses | Scoop.it
Emerging tech often takes a while to get into the enterprise. This year's watchlist shows that there's plenty of hot new spaces to watch, while a few much older trends are just now reaching mainstream.
Farid Mheir's insight:

I always like these quadrants. Not so much for the rating or the position of bubbles, triangles, or squares but for the insight it provides into the trends of the day. 


I always appreciate Dion's viewpoint as he often tries to make sense of ideas and concepts that float around without much structure. In this case, the list is worth reading, if only to keep up to speed with the buzzwords (I did not know there was such a thing a "the quantified enterprise" - wow).


Moreover, as I've been trying to help my clients handle the "enterprise 2.0" since its early days, I find that what was initially a fairly well defined concept (bringing social into the enterprise) has now grown into a mix-grill of digital technologies - which is much in-line with the digital transformation of businesses I care so much about.

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Mobile phone data shows commuters worldwide follow the same fundamental pattern of travel between work and home

Mobile phone data shows commuters worldwide follow the same fundamental pattern of travel between work and home | Digital Transformation of Businesses | Scoop.it
Commuters in Africa, Europe and the US all follow the same fundamental pattern of travel between work and home, confirming a theory first suggested 20 years ago.
Farid Mheir's insight:

This is just the beginning of insights we will get as we analyze the vast amount of data now being produced by digital devices, large or small, fixed or mobile.

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The Personal Analytics of My Life—Stephen Wolfram Blog

The Personal Analytics of My Life—Stephen Wolfram Blog | Digital Transformation of Businesses | Scoop.it
Utilizing data analysis capabilities in Wolfram|Alpha Pro, Stephen Wolfram looks at his quantified self based on his large collection of lifelogging data.
Farid Mheir's insight:
Stephen wolfram shows 20 years of quantified self and possibly a look in the future of work measurements.
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Quantified-Self Enthusiasts Driving Force In Wearables Boom at 2014 CES | HIStalk Connect

Quantified-Self Enthusiasts Driving Force In Wearables Boom at 2014 CES | HIStalk Connect | Digital Transformation of Businesses | Scoop.it
“ Angela McIntyre, a research director at Gartner, said in a recent interview that an expected uptick in wearables at the 2014 Consumer Electronics Show is”
Via Tictrac
Farid Mheir's insight:
2014 the year of wearable devices. Let's hope so!
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Quantified Self - Self Knowledge Through Numbers

Quantified Self - Self Knowledge Through Numbers | Digital Transformation of Businesses | Scoop.it
Farid Mheir's insight:
I've been thinking about going quantified on myself in 2014. This is the first of my inquiries in the field. I plan to do it on a personal standpoint, to know myself better. I also plan to explore how this May impact work in the future, both in positive (improved workers well being) and negative (big brother)...
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9 levers that successful businesses use to differentiate themselves via @frankdiana & @IBM Report on Analytics

9 levers that successful businesses use to differentiate themselves via @frankdiana & @IBM Report on Analytics | Digital Transformation of Businesses | Scoop.it

In October, IBM released a report from their Institute for Business Value titled Analytics – A Blueprint for Value. IBM releases these reports on a periodic basis, and this one is focused on the growing importance of analytics to business success. Through their analysis, they came up with nine levers that represent the sets of capabilities that most differentiated leaders exhibit:

  1. Culture: Availability and use of data and analytics within an organization
  2. Data: Structure and formality of the organization’s data governance process and the security of its data
  3. Expertise: Development of and access to data management and analytic skills and capabilities
  4. Funding: Financial rigor in the analytics funding process
  5. Measurement: Evaluating the impact on business outcomes
  6. Platform: Integrated capabilities delivered by hardware and software
  7. Source of value: Actions and decisions that generate results
  8. Sponsorship: Executive support and involvement
  9. Trust: Organizational confidence
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Quantified Self Products from Automated Insights

Quantified Self Products from Automated Insights | Digital Transformation of Businesses | Scoop.it
Farid Mheir's insight:

I wrote about them in the past http://sco.lt/7FRff7 and I realize now that they are expanding their service offers into many other fields, including fitness which makes the whole solution way more personalized. Companies should take notice as they try to get more and more personal with their customers.

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Magic Quadrant for Business Intelligence and Analytics Platforms

Magic Quadrant for Business Intelligence and Analytics Platforms | Digital Transformation of Businesses | Scoop.it

in support of wider adoption, companies and independent software vendors are increasingly embedding both traditional reporting, dashboards and interactive analysis, in addition to more advanced and prescriptive analytics built from statistical functions and algorithms available within the BI platform into business processes or applications. The intent is to expand the use of analytics to a broad range of consumers and nontraditional BI users, increasingly on mobile devices. Moreover, companies are increasingly building analytics applications, leveraging new data types and new types of analysis, such as location intelligence and analytics on multistructured data 


Via Bonnie Hohhof, Yves Mulkers
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Perfect Big Data example- House Hunting Season: 6 Key Trends That Search Reveals via @Google

Perfect Big Data example- House Hunting Season: 6 Key Trends That Search Reveals via @Google | Digital Transformation of Businesses | Scoop.it
Summer is peak season for home buying. This means businesses—from realtors to retailers—must be relevant and useful by understanding modern home buyers. What are they looking for? How do they find it? As real estate searching hit a high this year, we took a look at Google and YouTube data to see what we could unlock.
Farid Mheir's insight:

Stil wondering what Big Data is all about? Well here is a good example, coming straight from Google. It shows the kind of analysis one can perform when looking at millions of google searches focussed around the house hunting theme.


It can be a good indicator of market interest - and sometimes even provide early indicators as is the case with flu trends can be predicted by Google earlier than the CDC with as much precision.


The data can also be used to analyze differences in behaviour between age groups, regions, and other criteria. This is only possible because of the large dataset as it provides sufficient data to see meaningful patterns emerge. It can even show correlations that may be meaningful in related fields, here between real estate and interior design.


Also worth reading to understand the power of BigData:

- jawbone insight into recent earthquake: How did the Napa earthquake affect sleep? http://sco.lt/5S733Z

Bedtime Stories: Learning from Sleep Data- from #jawbone #StrataConf 2014 via @mrogati http://sco.lt/98dV8D

- google flu trends http://sco.lt/5x6g4n


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Nicholas Felton Had 95,000 Conversations Last Year And Mapped Each One

Nicholas Felton Had 95,000 Conversations Last Year And Mapped Each One | Digital Transformation of Businesses | Scoop.it
Life quantification pioneer Nicholas Felton's latest annual report is his most ambitious to date.

For the last nine years, Nicholas Felton--who you may know best for inspiring the Facebook timeline or creating the life-logging app Reporter--has been recording some aspect of almost every moment of his life. And each year, he turns this data into a elegant, printed book that visualizes the year called The Feltron Report...


Via Lauren Moss
Farid Mheir's insight:

The Felton report is a beautiful peeping hole into someone's life when they start to quantify themselves. Focussed on fairly benign problem space - conversations during the year - it shows what possibilities, both good and bad, lie within the quantified-self movement which is bound to explode with the availability of Apple watch and others alike.


Of course it brings tremendous opportunities for monitoring someone's life in order to improve it. Whether it is by measuring exercice (as we do today with step trackers) or heart rate or glucose levels in order to improve health or medical diagnosis. In the context of business, organizations can monitor employees in order to minimize injuries or prevent illness and time loss due to sickness.


There is of course the dark side, where all this data, when made available without our consent or knowledge, can be used to track us and restrict our privacy or our rights. This is already happening in the contexte of government surveillance (ie. Edward Snowden http://sco.lt/5k4B29) or internet browsing tracking (ie. data brokers http://sco.lt/79yNZh)

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Very good overview of #BigData - A Real Life Revolution via @capgemini @msevillatweets

Presented by Manuel Sevilla, Global CTO Business Information Management April 2014, Teradata Universe
Farid Mheir's insight:

Very good overview of big data with a few good slides that summarize context and opportunities.

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The Last 20 Inches: Data’s Treacherous Journey from the Screen to the Mind @TechnologyReview

The Last 20 Inches: Data’s Treacherous Journey from the Screen to the Mind @TechnologyReview | Digital Transformation of Businesses | Scoop.it
Data is crucial to our lives, but it can be hard to make sense of. That’s what makes these visualization tools potentially transformative.
Farid Mheir's insight:

A high level overview of 4 tools to simplify your data visualization, from inboxes (immersion) to country's cultural impact (Pantheon).


For those interested, I wrote about Immersion in the context of information privacy earlier last year.


Immersion: a people-centric view of your email life- creepy privacy concerns & competitive intelligence via @mit http://sco.lt/4jOh61

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Applying advanced #analytics in consumer companies: #data capture, processing and decisions

Applying advanced #analytics in consumer companies: #data capture, processing and decisions | Digital Transformation of Businesses | Scoop.it
Consumer-facing companies must be able to gather and manage the right data, apply analytics that generate insights, and translate those insights into effective frontline action. A McKinsey & Company article.
Farid Mheir's insight:

Fancy words to say that you should capture data, store it where it is easily available, analyze it so you understand it, and then take action, trusting your data is valid. We've been talking about this for years, first with data warehouses and business intelligence (BI), now with Big Data and Analytics.

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Jean-Marie Grange's comment, March 10, 2014 4:02 PM
It is important to have the most accurate data possible, but what is interesting in this article is the "decision back" approach : First identify the decisions you want to improve, and then figure out what data would help you make a better decision. Sometimes (especially in the marketing field) it's more a question of combining different data sets than having 100% accurate data...
Farid Mheir's comment, March 11, 2014 9:40 AM
Merci @Jean-Marie Grange, very appropriate comment! In this mindset, McKinsey suggests that you start with a hypothesis and then find the data to prove or disprove it. I find that approach very useful.
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#Google Think Research Insights provides raw data for your presentations and #infographics

#Google Think Research Insights provides raw data for your presentations and #infographics | Digital Transformation of Businesses | Scoop.it
Discover critical business insights with Google's Databoard for Research Insights, the beautiful and intuitive tool that lets anyone curate and create Google's research into customized infographics in a matter of seconds.
Farid Mheir's insight:

A source of web data and studies form Google, useful when creating presentations.

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Just 0.5% of the Worlds Massive Trove of Online Data is Being Analyzed via @IDC

Just 0.5% of the Worlds Massive Trove of Online Data is Being Analyzed via @IDC | Digital Transformation of Businesses | Scoop.it
The amount of data being generated on a daily basis by people and machines (the "digital universe") is expanding at a rapid rate, providing a mass of Big Data potential,
Farid Mheir's insight:

Interesting raw data. As we get closer to industrial internet, MDM, quantified self, etc. there is going to become an even more important data flood...

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Frederick Taylor and the quantified self

Frederick Taylor and the quantified self | Digital Transformation of Businesses | Scoop.it
The faithful gathered in San Francisco earlier this month for the Quantified Self 2013 Global Conference, an annual conclave of "self-trackers and tool-makers." Founded by long-time technology writ...
Farid Mheir's insight:
From one of the best visionaries of our time, this short post raises interesting questions,about the merge of quantified self and work. I smell opportunities here, as it has started to happen with insurance companies.
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The Beginner’s Guide to Quantified Self (Plus, a List of the Best Personal Data Tools Out There)

The Beginner’s Guide to Quantified Self (Plus, a List of the Best Personal Data Tools Out There) | Digital Transformation of Businesses | Scoop.it
As self-trackers are pushing the movement forward, entrepreneurs are helping it scale…
Farid Mheir's insight:
One of my starting points towards quantified (my)self.
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VendorFit's curator insight, December 31, 2013 3:21 PM

New Years Day is the start of an annual tradition where 90% of the population promises to change some aspect of their lives, and then promptly forgets.  These data tools provide meaningful analytics of your habits, your lifestlye, and your virtues, giving you a constant reminder of how far you've come (and how far is left to go) towards your New Years Resolutions.  Technori recommends fitness trackers, mood trackers, and even GPS sensors to log your daily routines, all part of a suite of programs that can quantify every aspect of your overall happiness.

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Amazing intro to excel dashboards for sales- but it applies everywhere IMHO via @lecfomasque

http://lecfomasque.com introduction to BI, dashboard and business KPIs

Farid Mheir's insight:

(in french) a good overview of excel dashboards and what they should contain. This one focusses on sales dashboards but you can replace sales with pretty much any business unit and the presentation remains relevant.


Does not dive into technical details but other presentations by Sophie provide amazing insights. Very useful.

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