Digital Transformation of Businesses
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Why Pinterest Is Way More Important Than Twitter Or Reddit For Traffic Referrals via @jillianiles @bi

Why Pinterest Is Way More Important Than Twitter Or Reddit For Traffic Referrals via @jillianiles @bi | Digital Transformation of Businesses | Scoop.it
The social networking site drives 7.10% of all Web traffic.
Farid Mheir's insight:

Interesting that Facebook remains very relevant (I guess the fact that teenagers are leaving FB is more than compensated with old folks getting into it). Pinterest value goes without saying, it is a huge visual catalog after all!

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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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Pyramid of Digital Needs may explain why you are scared of Facebook @fmheir #PrivacyAware 

Pyramid of Digital Needs may explain why you are scared of Facebook @fmheir #PrivacyAware  | Digital Transformation of Businesses | Scoop.it

This post explores the pyramid of digital needs. Based on personal experience and observations, I describe what this hierarchy may be composed of, map technologies that support them, and offer an initial analysis of the impact on individuals and businesses.

Farid Mheir's insight:

This is a new concept that I have been thinking about for a few year and that may help explain why some persons are not ready to have a Facebook account or share on social networks.

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Ian Harris's curator insight, September 26, 6:41 PM

An interesting way of thinking about digital!

GLOBALHACKERS.RU's curator insight, October 3, 10:46 PM
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GLOBALHACKERS.RU's curator insight, October 8, 10:25 PM
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The future of tech and media forecast by @Activate

The future of tech and media forecast by @Activate | Digital Transformation of Businesses | Scoop.it

Every year, Wolf puts together a slide presentation highlighting his forecasts. Wolf's consulting firm, Activate, released his latest presentation at the Wall Street Journal's D.Live conference in Laguna Beach, California, on Tuesday.


Via TechinBiz
Farid Mheir's insight:

WHY IT MATTERS: 140 slides presentation with new data and trends.

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DeepMind's human-bashing AlphaGo AI is now even stronger

DeepMind's human-bashing AlphaGo AI is now even stronger | Digital Transformation of Businesses | Scoop.it

The AlphaGo Zero agent destroyed the original AlphaGo that beat Lee Sedol 100-0 after just three days of training.

Farid Mheir's insight:

WHY IT MATTERS: self-learning is important in AI and this is a major milestone. Follow the link for the Nature paper that explains the algorithm and advances: https://www.nature.com/nature/journal/v550/n7676/full/nature24270.html 

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Under the Hood of a Self-Driving Taxi @Voyage

Under the Hood of a Self-Driving Taxi @Voyage | Digital Transformation of Businesses | Scoop.it

To give a car the ability to Sense, Plan & Act (SPA) requires a complex system of hardware and software, all of which works together in (hopeful) harmony to form a self-driving car.

Farid Mheir's insight:

WHY IT MATTERS: a glimpse behind the hardware that is required to power a self-driving car. Of course it comes from the folks that initially worked for an online school (Udemy) that was started by Google self-driving genius Thurun.

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Where Driverless Cars Brake for Golf Carts: watch for #selfDrivingCars in gated communities

Where Driverless Cars Brake for Golf Carts: watch for #selfDrivingCars in gated communities | Digital Transformation of Businesses | Scoop.it

The start-up Voyage is testing its self-driving taxi service in a gated community of about 4,000 residents where the average age is 76. There's another benefit to testing in a retirement community: It's private property. That means Voyage doesn't have to share ride information with state regulators, freeing it from some bureaucracy. But testing in the community meant different obstacles, like insurers requiring Voyage to have double California's $5 million in coverage funds and to hand over all driving data. To reassure the retirement community, Voyage gave them as much equity as they give to a new hire. That aside, retirees have a lot to gain from self-driving cars. Losing the ability to drive often cuts folks off from the outside world, so it's interesting to see Voyage explore where other self-driving leaders haven't been yet.

Farid Mheir's insight:

WHY IT MATTERS: it makes perfect sense when you think about it: deploy self-driving cars on private property instead of on the open road. Here, the use case is a retirement community. Next I assume it may be on a vacation resort (think self-driving golf carts) or a remote wilderness fishing property (more self driving all-terrain trucks). And why are businesses with large properties not deploying self-driving vehicles? Oops not true they are: Codelco has 4 fully autonomous copper mines in Chile!. Take a few minutes to watch he Voyage experiment video: https://news.voyage.auto/voyages-first-self-driving-car-deployment-29c7688c6a1 or more on mining automation http://sco.lt/4qCRLV 

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Seymour: Live #Programming for the Classroom via @gnat

Seymour: Live #Programming for the Classroom via @gnat | Digital Transformation of Businesses | Scoop.it

We want to create a better programming experience for learning and teaching programming. This paper describes Seymour, a live programming environment that features two visualizations of a program’s execution. One shows the execution’s details and another depicts it at a high level. These two visualizations come together to create a compelling user experience that we plan to test and improve with student feedback.

Farid Mheir's insight:

WHY IT MATTERS: programming has become an essential skill today in all disciplines. Essential to understand how everything works in our world (See the post Software is Eating the World to get background http://sco.lt/8PmkrJ ), but not essential to master it and code for a living. Everyone should know enough to understand the basic principles of software. This tool provides visualization techniques to help understand software code. I wish I had this when I was a student....

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The secret Swiss mountain bunker where millionaires stash their #bitcoins

The secret Swiss mountain bunker where millionaires stash their #bitcoins | Digital Transformation of Businesses | Scoop.it

Kon is taking me to see one of the vaults where Xapo, the company he works for, stores its customers’ bitcoins. It’s no ordinary vault: I’ve been told it’s inside a decommissioned Swiss military bunker dug into a granite mountain. Its precise location is secret, and access is limited by security measures that would put a Bond villain to shame.
A bitcoin vault doesn’t store actual bitcoin units. Technically, what’s being stored are private, cryptographic keys. These keys form a pair with particular, public-facing, keys and provide access to the balance of coins stored on the bitcoin network. Gaining unauthorized access to someone’s private keys is akin to making off with a gold bar.

Farid Mheir's insight:

WHY IT MATTERS: Looks like physical security may still be required in an age of digital everything.

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The Blockchain Explained to Web Developers #mustRead @francoisz

The Blockchain Explained to Web Developers #mustRead @francoisz | Digital Transformation of Businesses | Scoop.it

It sounds exciting but it's complicated. Read on to understand the what, the how and the why of blockchains.

Farid Mheir's insight:

WHY IT MATTERS: this 3 part blog post explains what blockchain is, provides examples of how to build a solution on ethereum and shares real-life conclusions - plain hard truth, not rose-coloured glass conclusions about the potential of blockchain. It cuts through the hype and provides facts: not many of those around these days. Very useful read. Must read, even for non developers.

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doseresentful's comment, October 13, 2:16 AM
good
Grant Anderson's curator insight, October 16, 2:49 PM
The Blockchain as it relates to Web Developers
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The Impending Risks of ICO Accounting: a massive liability bubble for issuers?

The Impending Risks of ICO Accounting: a massive liability bubble for issuers? | Digital Transformation of Businesses | Scoop.it

As optimistic as Loyyal and myself, in particular, are about the future potential of ICOs, we remain concerned that current accounting approaches towards ICOs are creating a potentially disastrous bubble for companies issuing them. If we are to avoid this disaster at all, we as an industry need to immediately start a more robust dialog around the accounting principles involved and engage the rest of the financial services industry.

Farid Mheir's insight:

WHY IT MATTERS: blockchain technology is great but highlights serious limitations in accounting and regulation that must be addressed rapidly.

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Google Data Centers: 2.5M servers, 10B$/yr investments

Google Data Centers: 2.5M servers, 10B$/yr investments | Digital Transformation of Businesses | Scoop.it

Google Data Center FAQ & Locations. Google data centers are the object of great fascination, and the intrigue about these facilities is only deepened by Google's secrecy about its operations. We've written a lot about Google's facilities, and thought it would be useful to summarize key information in a series of Frequently Asked Questions.

Farid Mheir's insight:

WHY IT MATTERS: an excellent 3-part series on Google data centers which explains the different elements that are part of them.

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inventiv-it's curator insight, October 12, 3:30 AM
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Windows #MixedReality demonstration mixes work, play, #holograms to demo Microsoft vision for #AR #VR

At an event in San Francisco we unveiled our vision for Windows Mixed Reality, announced SteamVR and AltSpaceVR are coming to Windows Mixed Reality, introduced the new Samsung Odyssey HMD, and kicked off the holiday shopping season by announcing the availability of pre-orders for Windows Mixed Reality headsets at the Microsoft Store.

Farid Mheir's insight:

WHY IT MATTERS: this 20min video is a great demonstration of what is now possible with mixed reality headsets along with possible real-life applications for home and the office. More on the Windows blog: msft.social/b9ULwk 

 

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Google explains what it takes to create Production-Scale #MachineLearning Platform using #TensorFlow #TFX

Google explains what it takes to create Production-Scale #MachineLearning Platform using #TensorFlow #TFX | Digital Transformation of Businesses | Scoop.it

Creating and maintaining a platform for reliably producing and deploying machine learning models requires careful orchestration of many components—-a learner for generating models based on training data, modules for analyzing and validating both data as well as models, and finally infrastructure for serving models in production. This becomes particularly challenging when data changes over time and fresh models need to be produced continuously. Unfortunately, such orchestration is often done ad hoc using glue code and custom scripts developed by individual teams for specific use cases, leading to duplicated effort and fragile systems with high technical debt. We present the anatomy of a general-purpose machine learning platform and one implementation of such a platform at Google. By integrating the aforementioned components into one platform, we were able to standardize the components, simplify the platform configuration, and reduce the time to production from the order of months to weeks, while providing platform stability that minimizes service disruptions. We present the case study of one deployment of the platform in the Google Play app store, where the machine learning models are refreshed continuously as new data arrive. Deploying the platform led to reduced custom code, faster experiment cycles, and a 2% increase in app installs resulting from improved data and model analysis.

Farid Mheir's insight:

WHY THIS MATTERS

This article explains the different components that Google had to create in order to make their machine learning tensorFlow system production grade and ensure it could support a software engineering development process. We are entering a brave new world of new tools.

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New Theory helps explain how Deep Learning works @QuantaMagazine @Wired

New Theory helps explain how Deep Learning works @QuantaMagazine @Wired | Digital Transformation of Businesses | Scoop.it

A new idea is helping to explain the puzzling success of today’s artificial-intelligence algorithms — and might also explain how human brains learn.

Farid Mheir's insight:

WHY IT MATTERS

This article explains how deep learning neural networks learn to generalize and find patterns in their inputs by initially finding patterns then compressing to forget irrelevant elements and generalize what they've "learned". Well illustrated and relatively simple to understand.

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Tinker With a #NeuralNetwork in Your Browser #Tensorflow

Tinker With a #NeuralNetwork in Your Browser #Tensorflow | Digital Transformation of Businesses | Scoop.it

Explore TensorFlow Playground demos. See how they explain the mechanism and power of neural networks, which extract hidden insights and complex patterns.

Farid Mheir's insight:

WHY IT MATTERS

Understanding how neural networks work is difficult. This simple tool helps you visualize how they work and change parameters to see their impact on the network quality.

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5 Models for Engineering Personalized Digital Experiences #Amazon #Netflix #Spotify #Pinterest #Facebook

5 Models for Engineering Personalized Digital Experiences #Amazon #Netflix #Spotify #Pinterest #Facebook | Digital Transformation of Businesses | Scoop.it

Majority of websites are generic, one-size-fits-all, and unvarying. And email isn’t much better with manual input, static cadences, and fixed content. Marketers and audiences deserve better, though. As big data, artificial intelligence (AI), machine learning, and deep learning become larger influences and more attainable, now is the time for digital marketers to seize upon the potential these technologies offer. Brands can now build custom on-site and email experiences for individuals that are automated and personalized by incorporating predictive modeling, journey mapping, and algorithms.

Farid Mheir's insight:

WHY IT MATTERS

Learn from the best online retailers on the best ways to personalize your website and ecommerce.

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GLOBALHACKERS.RU's curator insight, October 8, 10:32 PM
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Each #Amazon #Prime member has lifetime value of 2900$ - total value = 143B$

Each #Amazon #Prime member has lifetime value of 2900$ - total value = 143B$ | Digital Transformation of Businesses | Scoop.it

It’s clear that Prime’s success is perhaps the biggest contributor to Amazon’s success to date. Prime members shop more frequently and spend more money on Amazon than non-Prime members do. They also price-compare less. Still, there’s a lot we don’t know about Prime and its impact on Amazon. Like how many Prime members there are, other than at least 46 million. And how much they are worth to Amazon.

Farid Mheir's insight:

WHY IT MATTERS

Amazon has been innovating on all fronts but it appears that their prime loyalty program may be the most powerful tool they have in their arsenal. This blog post has tons of very useful metrics about the Prime programme. Other retailers should take note.

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How #instacart use #DeepLearning to sort #grocery shopping lists & improve picker productivity

How #instacart use #DeepLearning to sort #grocery shopping lists & improve picker productivity | Digital Transformation of Businesses | Scoop.it

Instacart is saving minutes per delivery by sorting shopping lists using deep learning. Emojis help to define the problem and outline both a simple and a more complex deep learning architecture.

Farid Mheir's insight:

WHY IT MATTERS

Grocery shopping is often tedious, as most grocery stores have a slightly different layout. Instacart sends human shoppers to pick orders placed online on their website. Mapping every single one of their thousands of stores is not an option. Instead, they have trained a neural networks on millions of orders to predict the best sort order for their shopping lists. And in the meantime save precious minutes in the order picking process.

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The Four V's of Big Data

The Four V's of Big Data | Digital Transformation of Businesses | Scoop.it

IBM data scientists break big data into four dimensions: volume, variety, velocity and veracity. This infographic explains and gives examples of each.

Farid Mheir's insight:

WHY IT MATTERS

Big Data is based on 4 key characteristics that have driven its adoption in recent years.

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The Future of the #Database (#Infographic)

The Future of the #Database (#Infographic) | Digital Transformation of Businesses | Scoop.it
The Future of the Database (Infographic) – Innovation Insights

Via Christophe Chambet-Falquet
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Christophe Chambet-Falquet's curator insight, July 26, 2:24 PM

What about biological database ? 2030 ?

Dove Nobel's comment, October 7, 11:30 AM
http://www.apsense.com/article/learn-how-to-uninstall-avg-antivirus-without-the-help-of-technicians.html
Aaronneo's curator insight, October 7, 2:40 PM

I provide psychotherapy and counselling services in Perth for adults who are experiencing a range of difficulties or looking to improve their overall wellbeing

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Comparing #Bitcoin, Ethereum, and Other #Cryptocurrencies (#Infographic)

Comparing #Bitcoin, Ethereum, and Other #Cryptocurrencies (#Infographic) | Digital Transformation of Businesses | Scoop.it

Via Christophe Chambet-Falquet
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Christophe Chambet-Falquet's curator insight, September 21, 4:23 AM

Cryptocurrencies have the interest to show an important point that is often discarded : it is not only build to exchange financial value.
It seems to be obvious, but that will change a lot in commercing immaterial assets...

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Forrester's Predictions: #Business Success Will Depend on #DigitalTransformation More Than Ever #AI #CX

Forrester's Predictions: #Business Success Will Depend on #DigitalTransformation More Than Ever #AI #CX | Digital Transformation of Businesses | Scoop.it

Businesses everywhere are in the process of embracing digital transformation. However, many are looking to the future and the continuing changes it may bring to their industries. Forrester analysts and business representatives from all manner of industries provided insight into continuing digital business developments and what they may mean for every company in the years to come.

Farid Mheir's insight:

WHY IT MATTERS
The article reminds us that digital transformation requires a change in the way people think and act, not just throwing technology at the problem. Always good to be reminded.

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Automation will bring substantial benefits to businesses and economies worldwide, but it won’t arrive overnight

Automation will bring substantial benefits to businesses and economies worldwide, but it won’t arrive overnight | Digital Transformation of Businesses | Scoop.it

Automation is happening, and it will bring substantial benefits to businesses and economies worldwide, but it won’t arrive overnight. A new McKinsey Global Institute report finds realizing automation’s full potential requires people and technology to work hand in hand.

Farid Mheir's insight:

WHY IT MATTERS

McKinsey study finds that new digital technologies will transform the job market gradually and explores where these changes may occur first.

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oncesellsy's comment, October 7, 4:40 AM
AWSOME
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A.I. Is Doing Legal Work. But It Won’t Replace Lawyers, Yet.

A.I. Is Doing Legal Work. But It Won’t Replace Lawyers, Yet. | Digital Transformation of Businesses | Scoop.it

The legal profession relies more and more on automation. But fears that it will be automated out of existence are overblown, researchers say. For now.

Farid Mheir's insight:

WHY IT MATTERS

The article shows that the legal profession is slowly impacted by digital technologies and in particular AI, but for routine tasks and activities. Nevertheless, digital technologies should slowly chip away at the more routine tasks in the coming years.

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oncesellsy's comment, October 7, 4:40 AM
NICE
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Now anyone can explore machine learning, no coding required

Now anyone can explore machine learning, no coding required | Digital Transformation of Businesses | Scoop.it
Teachable Machine, an experiment that makes it easier for anyone to explore machine learning. Teach a machine using your camera – live in the browser, no coding required.
Farid Mheir's insight:

WHY THIS MATTERS

You have to try this to better understand how AI works. Moreover, the fact that the network runs on your browser is, by itself, quite the testament to the power of deep learning and machine learning to transform every application and device we own. Now go play!

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Net Promoter Score #NPS Benchmark Study 2017 shows very wide spread via @abockelm

Net Promoter Score #NPS Benchmark Study 2017 shows very wide spread via @abockelm | Digital Transformation of Businesses | Scoop.it

Net Promoter Scores (NPS) are highly correlated to consumer loyalty. See our 5th annual NPS study of 315 companies across 20 industries.

Farid Mheir's insight:

WHY IT MATTERS

NPS has been a great tool to evaluate a company's website "quality" as measured by its customer feedback. Moreover it provides global scores per industry so as to let you compare your performance to your peers. Here are the latest scores.

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Tools to Unlock Your Data & build #dashboards: @Redash redash.io & @Google #datastudio #essentialForDigital

Tools to Unlock Your Data & build #dashboards: @Redash redash.io & @Google #datastudio #essentialForDigital | Digital Transformation of Businesses | Scoop.it

Use Redash to connect to any data source (Redshift, BigQuery, MySQL, PostgreSQL, MongoDB and many others), query, visualize and share your data to make your company data driven.

Farid Mheir's insight:

WHY IT MATTERS

Everyone is looking at data and very often excel does not provide a scalable solution - especially when looking to build dashboard that everyone uses. Here is one: redash.io.

For Google users looking for a free solution, consider DataStudio.

https://datastudio.google.com 

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tavaresandro's curator insight, October 5, 12:57 AM

WHY IT MATTERS

Everyone is looking at data and very often excel does not provide a scalable solution - especially when looking to build dashboard that everyone uses. Here is one: redash.io.

For Google users looking for a free solution, consider DataStudio.

https://datastudio.google.com 

Curated by Farid Mheir
Digital transformation technology consultant and Enterprise Architect. Works with business executives in the fields of eCommerce, Cloud, Web2.0, enterprise2.0, sourcing2.0