Digital Transformation of Businesses
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FBI chief says anti-marijuana policy hinders the hiring of cyber experts via @ars

FBI chief says anti-marijuana policy hinders the hiring of cyber experts via @ars | Digital Transformation of Businesses | Scoop.it
FBI cyber recruits "want to smoke weed on the way to the interview," Comey says.
Farid Mheir's insight:

I had to forward this one as I never expected digital transformation would be so disruptive to organizations! ;-)

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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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Chart shows jobs most likely to be done by robots in the future & what to do about it

Chart shows jobs most likely to be done by robots in the future & what to do about it | Digital Transformation of Businesses | Scoop.it

Mckinsey ran a comprehensive study of nearly 800 different jobs in the United States, ranging from CEOs to fast food workers. Between these roles, they found 2,000 individual work activities, and assessed them against 18 different capabilities that could potentially be automated. In their analysis, they found that 45% of work activities representing $2 trillion in wages can already by automated based on proven technology that currently exists. A further 13% of work activities in the U.S. economy could be automated if the technologies used to understand and process human language were brought up to the median human level of competence.

Farid Mheir's insight:

An interactive chart that graphs 800 different jobs along with their automation potential - as estimated by McKinsey.

 

WHY THIS IS IMPORTANT

If you are in school or just out of school, this chart should be of particular interest. For all the others, this is essential must read tooling when preparing strategy and planning for the future of your business unit, organization - large or startup.

 

Jobs with highest potential for automation represent opportunities for cost reduction, process improvements to reduce lead times, or creation of the automated tools and software that will replace them. For example:

  • medical appliance technicians: 100% automation potential. If you are in this field your business plan should include major shift from human workers to robots. If employees are unionized, look at contract negotiation and employee retraining. If you build medical appliance, ensure your hard-software appliance includes the necessary components to make this automation simple and effective.
  • sewing machine operators: 100% automation potential, 143K workers in the US. Replacing human by robot sewing machine is efficient but will require capital expenditures: has it been forecasted in your budgets? If that throws your business model out of whack, you have to think like a startup and "pivot" your company to a different yet adjacent space such as custom apparel design and fabrication.

And 798 other sources of inspiration. 

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Abel Linares's curator insight, Today, 1:08 PM
Potencial amortización #digital del #trabajo según Mckinsey.
Gráfico interactivo que analizar 800 trabajos diferentes.

Concluye que con la tecnología actual el 45% del trabajo se puede automatizar, un 13% adicional cuando las máquinas entiendan el lenguaje humano a un nivel de ciudadano medio.

 Las previsiones son instalar 1.3 millones de robots entre 2015 y 2018
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New data shows which jobs most at risk to be replaced by computers

New data shows which jobs most at risk to be replaced by computers | Digital Transformation of Businesses | Scoop.it
See how susceptible your industry is to robotic takeover.
Farid Mheir's insight:

World Economic Forum survey of executives has compiled a list of jobs that are most at risk of being replaced by computers before 2025. The infographic shows a summary of the data which is available in detail here: http://reports.weforum.org/future-of-jobs-2016/ 

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Johan Sundström's curator insight, February 8, 2:22 PM

Media 24%...

Grant Tucker's curator insight, February 14, 11:10 AM

This is why we all should be innovating within our chosen professions

Russell R. Roberts, Jr.'s curator insight, Today, 12:06 AM
Thanks to reporter Farid Mheir for this much needed, if somewhat disturbing, look at what jobs will be erased by the upsurge in robotics. The time to retrain and get new skills is now.  Also college students should digest this infographic as well.  Get into a field that has a job future.  It's not so much what you like to study, but rather what you must study to remain employable in the future.
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#cloudComputing is greener than in-house: Google DeepMind #AI reduce energy by 40%

#cloudComputing is greener than in-house: Google DeepMind #AI reduce energy by 40% | Digital Transformation of Businesses | Scoop.it

To address this problem, we began applying machine learning two years ago to operate our data centres more efficiently. And over the past few months, DeepMind researchers began working with Google’s data centre team to significantly improve the system’s utility. Using a system of neural networks trained on different operating scenarios and parameters within our data centres, we created a more efficient and adaptive framework to understand data centre dynamics and optimize efficiency.

Farid Mheir's insight:

Google uses artificial intelligence to analyze energy consumption in its data center to improve cooling and reduce energy consumption by 40%.

 

The paper also links to other most interesting links on data center operations including:

 

WHY THIS IS IMPORTANT

Energy is the main cost of data center operations so this is great news. Companies should thus use this news to further move their computing to the cloud as large data centers - Google, Amazon, Microsoft and others - are way more efficient than anything even large corporations can do.

 

This is true for energy consumption, and I contend it is also true for many other areas including security and speed of implementation. It is essential that any digital transformation make cloud computing the primary de facto standard over any on-premise operation.

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IT-Trends 2016 for the insurance industry

IT-Trends 2016 for the insurance industry | Digital Transformation of Businesses | Scoop.it
Those who identify the potential of new technologies, trends and technological progress at an early stage have a competitive advantage and build the foundation for innovation. Constantly increasing technological complexity is leading to a growing number of areas that are relevant for our company to keep an eye on.
Farid Mheir's insight:

A report that highlights key technology trends in the insurance industry.

 

WHY THIS IS IMPORTANT

Always good to know what is hot and what is not in different industries. Take with a grain of salt, as with all predictions...!

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Ken Feltman's curator insight, July 24, 9:28 AM
We all are affected by insurance....
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LED Quandary “Built to Last”: planned obsolescence vs Long Lasting Products

LED Quandary “Built to Last”: planned obsolescence vs Long Lasting Products | Digital Transformation of Businesses | Scoop.it
All of this would amount to little more than a business-school case study of history quirkily repeating itself, if it weren’t for the fact that finding an economic model for products that last is increasingly seen as critical to environmental sustainability.
Farid Mheir's insight:

Describes the impact that LED lights long life - tens of years under normal use - has on the lightbulb industry. It raises concerns that new longer lasting technologies has on certain industries and compares it to the environmental impact of planned obsolescence. As with all New Yorker papers, this one is well written and well researched.

 

WHY THIS IS IMPORTANT

Lack of government regulations and incentives means companies often have to build planned obsolescence into their new products. Digital transformation, Internet of Things and many other technologies bring with them the issue of sustainable business model, which should be addressed early. Solutions such as repairability and services that go along with new products should be at the center of companies strategies when they look at new technologies.

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Buffer's transparency dashboard: Public salaries, equity and more

Buffer's transparency dashboard: Public salaries, equity and more | Digital Transformation of Businesses | Scoop.it
Buffer makes it super easy to share any page you're reading. Keep your Buffer topped up and we automagically share them for you through the day.
Farid Mheir's insight:

I wrote about the open culture of startups and this one - Buffer - has even consolidated in a single web pages all information about its salaries, equity, revenues, and more. 

 

WHY THIS IS IMPORTANT

Startups are redefining the way companies are managed and information reported. All businesses, large and small, should take notice, especially upper management, and HR.

 

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Russell R. Roberts, Jr.'s curator insight, July 20, 4:42 PM
Thanks to reporter Farid Mheir for this look into the world of "Buffer."  "Buffer" is one of the best tools for spreading your business information throughout social media.  Another useful tool for this purpose is "Hootsuite."  Both of these tools are easy to use.
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Top 10 learnings growing to 10M$ ARR via @Buffer

Top 10 learnings growing to 10M$ ARR via @Buffer | Digital Transformation of Businesses | Scoop.it

Buffer experience growing their business to 10M$ in recurring revenues.

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Hillary Clinton and the Blockchain

Hillary Clinton and the Blockchain | Digital Transformation of Businesses | Scoop.it
How Secretary Clinton’s unexpected support of “public service blockchain applications” could positively impact Americans.
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Playing 'Pokémon GO' gives new meaning to go play outside!

Playing 'Pokémon GO' gives new meaning to go play outside! | Digital Transformation of Businesses | Scoop.it
I never grew up watching or playing Pokemon. I'm a casual gamer, but Pokemon never did it for me. But this week, everyone was talking about Pokemon GO.
Farid Mheir's insight:

Nintendo has release an augmented reality game pokemon GO, based on the very successful game in the 1990s.

 

WHY THIS IS IMPORTANT

You must take notice for many reasons:

1- it is a game you game in the real world and may be the first of many to come. 

http://tcrn.ch/29Nhtau 

2- augmented reality can be used for this beyond games like training new employees, onboarding new employee (they discover your buildings or manufacturing plant), etc.

http://bit.ly/29NgBmo 

3- it is the new "social" where people interact in the real world with each other, and may leaves traces of themselves in the virtual world for others to see

http://bit.ly/29Nfe7i 

http://bit.ly/29Nl34E 

4- it is addictive: recent numbers show that the engagement is huge. It is bigger than tinder and has engagement beyond twitter

http://l.gamespot.com/29NfR0q

 

and many more I am sure. Shares of nintendo have taken a surge after the launch...

http://bit.ly/29NfAdW 

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Russell R. Roberts, Jr.'s curator insight, July 14, 12:36 AM
Thanks to reporter Farid Mheir for this look at the new face of gaming and augmented reality.  This certainly is not your father's "Pokemon".  The world of reality and augmented reality will be hard to distinguish in a few years.  All of this reminds me of the sci-fi movies in the "Matrix" series with Keanu Reeves.  A bit scary.
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Google DeepMind pairs with NHS to use machine learning to fight blindness

Google DeepMind pairs with NHS to use machine learning to fight blindness | Digital Transformation of Businesses | Scoop.it
The ‘deep learning’ research company will use 1m anonymised eye scans to train a neural network to identify early signs of degenerative eye conditions
Farid Mheir's insight:

Google will develop systems to detect eye health issues using neural networks.

 

WHY THIS IS IMPORTANT

With IBM Watson training to become a cancer post-doctoral specialist in Australia (http://sco.lt/5muqDh), there is growing evidence that the medical practice will be profoundly impacted in the coming years.

 

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Top 100 Digital Agencies in UK via @Econsultancy

Top 100 Digital Agencies in UK via @Econsultancy | Digital Transformation of Businesses | Scoop.it
The Top 100 Digital Agencies Report, sponsored by Telerik Sitefinity, is the definitive guide to the UK's biggest digital agencies. Consisting of a 64 page report and an interactive agency navigator tool, this data will provide invaluable for both clients looking to select an agency partner, and to agencies looking to understand the competition and the challenges within the industry.
Farid Mheir's insight:

Ranking of UK top digital agencies by revenue and number of resources. In this case, top does not mean best I must point out... Nevertheless, it is useful information to know what is happening elsewhere in the world and where the digital consultant budget go to.

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Free Gartner Research: Digital Marketing Transit Map

Free Gartner Research: Digital Marketing Transit Map | Digital Transformation of Businesses | Scoop.it
Using the Map

The Digital Marketing Transit Map is designed to identify the best sources for your needs and acquire systems that work well together. It will help you:

  • Identify the connections among business functions, application tracks and providers.
  • Find additional research or structure questions about strategy and best practices as well as providers, products, and selection criteria.
  • Mediate discussions between marketing and IT.
Interpreting the Map

Navigate the complexity of a fragmented and confusing digital marketing landscape. Elements of the map include:

  • Neighborhoods represent functional regions that can be thought of as practice areas within an organization.
  • Tracks connect regions and can be thought of as application services that share common objectives and information.
  • Stations represent interaction points that can be thought of as vendor and product categories that provide platforms and point solutions.
  • Intersections represent transfer points where solutions may serve more than one business area.

 

Farid Mheir's insight:

Gartner has mapped the different skills, technologies and functional areas that digital marketers should master.

 

WHY THIS IS IMPORTANT

Although I've never been a fan of the transit map analogy, I find this one captures one key message for marketing professionals: digital marketing is different than traditional marketing in the tools, technologies and skills required. As the diagram shows, they are more akin to software programming than they are of the traditional marketing curriculum. For those  that do not yet have those skills in-house, get help. For those that have the skills, make sure they are sharp and remain up-to-date because this technology world changes rapidly.

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Digital Commerce Spending and Expectations Are on the Rise says @gartner #survey

Digital Commerce Spending and Expectations Are on the Rise says @gartner #survey | Digital Transformation of Businesses | Scoop.it
Summary

Gartner's 2015-2016 CMO Spend Survey shows that marketers are spending more on digital commerce. The survey also reveals marketing is expected to take more digital commerce responsibility. Marketing leaders connect programs and processes to the buying journey for digital commerce results.

Overview

Impacts

  • Digital commerce spending has grown from 8% to 11% of the digital marketing budget — the biggest increase of any category — indicating further expansion of marketing's role in digital commerce.
  • Forty percent of marketers rank digital commerce as one of the top areas where management's expectations of marketing have increased, highlighting the need to tie marketing to the customer buying journey.
  • Sixty-four percent of marketers rank digital commerce as a top area for marketing technology investment, pointing to the importance of technology that links marketing and commerce systems and processes.

Recommendations

  • Pivot from a marketing approach that focuses mainly on brand building, lead generation and customer engagement to take accountability for driving results through commerce transactions and lead conversion.
  • Sharpen your data-driven marketing skills to determine where customers are in the buying journey. Design marketing programs that lead to conversion and measure the impact of marketing efforts.
  • Integrate digital commerce into your marketing technology strategy by defining critical capabilities, such as segmentation and conversion analytics. Find providers that connect marketing to sales channels.
Farid Mheir's insight:

Gartner survey of marketing leaders provides insight into where marketing organizations spend their budget. Their analysis shows that having an impact on sales has become more and more important for marketing departments to demonstrate the value of their spending.

 

WHY IS THIS IMPORTANT

No longer can marketing be just about drawing customers to the store doors. This survey shows that data and analytics now provides the means to measure the impact on sales that marketing activities provide and that leaders are asking their marketing department to demonstrate the return that their activities have on sales.

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How to Use Google Analytics for Social Media Measurement

How to Use Google Analytics for Social Media Measurement | Digital Transformation of Businesses | Scoop.it
The importance social media marketing plays in long-term business growth is one of the most heavily debated topics among marketers and business owners. Most
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Russell R. Roberts, Jr.'s curator insight, Today, 12:01 AM
Thanks to reporter Farid Mheir for this look at how Google Analytics can improve your social media marketing and, by extension, promote your business.  Lots of good ideas here for businesses of any size.
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Automated Insights #AI tools writes texts you read in the paper or financial statement

Stay up-to-date with the latest product announcements and new advancements from Automated Insights.
Farid Mheir's insight:

The company automated insights uses its AI tools to automatically write summary of baseball games (http://bit.ly/2a9g7qR), financial portfolio (http://bit.ly/2a9gG3T), and many other. This blog describes many of these applications. 

 

WHY THIS IS IMPORTANT

I wrote about automated insights in the past (http://sco.lt/7FRff7) as it was starting and have been watching ever since. It is important to take notice that AI has been hired by the Associated Press to write summary texts that go straight to the wire without human intervention (http://sco.lt/7FRff7). 

 

This is a trend worth watching as it means AI is slowing replacing human workers with machine intelligence in fields that were previously though impossible - here the redaction of human readable texts and stories. I wrote about data on why no job is safe from automatization and robotization (http://sco.lt/64xeyX).

 

Anyone putting together a digital strategy must absolutely consider the use of such AI tools in the coming years, and thus have a roadmap with trials starting as soon as NOW.

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Business Intelligence Tools Ranked by Features & Functions in 2014 BI Gleansight - Customer Think

Business Intelligence Tools Ranked by Features & Functions in 2014 BI Gleansight - Customer Think | Digital Transformation of Businesses | Scoop.it
Business Intelligence Tools Ranked by Features & Functions in 2014 BI Gleansight Customer Think The 2014 Business Intelligence Report from Gleanster Research showcases business intelligence tools ranked by four criteria: ease of use, ease of...
Via Yves Mulkers
Farid Mheir's insight:

A bit dated but still a great reference for anyone looking for a good overview of the BI tools out there. Compared to Gartner, this list appears way more complete and trustworthy.

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The Luxury Bag Brand That's Reinventing Made-To-Order with #digitalDisruption

The Luxury Bag Brand That's Reinventing Made-To-Order with #digitalDisruption | Digital Transformation of Businesses | Scoop.it
By marrying tech with traditional craftsmanship, 1Atelier hopes to redefine bespoke fashion for the digital age.
Farid Mheir's insight:

1Atelier leverages a fully digital customer experience and strong back office systems to provide one-of-a-kind luxury handbags in 21 days instead of many months for traditional firms such as Hermes or Louis Vuitton.

 

WHY THIS IS IMPORTANT

Niche retailers and small handmade manufacturers should look into this new disrupting company for clues into how best to transform traditional industries that are based on hand-made, custom, high quality solutions and products. Going digital does not mean sacrificing customer interactions or hand-made manufacturing: it can revamp, improve and recharge the back office support systems and processes.

 

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The Value of a Hacked Company via @Krebs

The Value of a Hacked Company via @Krebs | Digital Transformation of Businesses | Scoop.it
Today’s more clueful cybercrooks understand that if they can identify compromised systems inside organizations that may be sought-after targets of organized cybercrime groups, those groups might be willing to pay handsomely for such ready-made access.
Farid Mheir's insight:

Krebs explains how cybercrime organizations profit from the sale of companies they hack and gain access to usernames and systems. It also provides guidance on how to improve security in large organizations.

 

WHY THIS IS IMPORTANT

I find that too often we focus on individual hacks or threats but rarely consider security at a strategic level - assigning real cost to security breaches and thus looking for funding to address the biggest risks. Moreover, as is stated here, awareness training of resources may actually be a very effective - and relatively low cost? - way to improve security and protect an organization.

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Russell R. Roberts, Jr.'s curator insight, July 24, 1:24 AM
Thanks to reporter Farid Mheir for this look at how hackers can compromise your business and force its sale to criminal syndicates.  Perhaps it's time to close the loop on this crime. Improved security awareness and training are part of the solution.
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Pokémon Go isn’t a fad. It’s a beginning.

Pokémon Go isn’t a fad. It’s a beginning. | Digital Transformation of Businesses | Scoop.it
Augmented reality begins with Pokémon. It begins as a toy. But it won’t remain a toy. It’s going to become an industry, a constant, a coping mechanism, a way of life. It will change how we spend our time, how we compete for status, how we interact with our loved ones. It will change the behaviors we think of as normal — already we’re seeing Pokémon Go run into racism; it won’t be long until AR cuts across other fault lines in our society.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Read the article. Pokemon GO is more than a game, the start of a new era where virtual moves into physical world more and more.

 

Also read "The brilliant mechanisms of pokemon GO" to understand why this is transformative http://tcrn.ch/29Nhtau 

 

Plus it gives new meaning to "kids go play outside" ;-)

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Alex's curator insight, July 26, 2:15 AM
Interested to see if it holds out.....
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The code that took America to the moon was just published to GitHub, and it's like a 1960s time capsule

The code that took America to the moon was just published to GitHub, and it's like a 1960s time capsule | Digital Transformation of Businesses | Scoop.it
When programmers at the MIT Instrumentation Laboratory set out to develop the flight software for the Apollo 11 space program in the mid-1960s, the necessary technology did not exist. They had to invent it. They came up with a new way to store computer programs, called "rope memory," and created a special version of the assembly programming language. Assembly itsel
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Digital transformation is disrupting everything... faster

Digital transformation is disrupting everything... faster | Digital Transformation of Businesses | Scoop.it
Digital transformation is disrupting most industries, economies, jobs and lives faster than most people realise, Reinhold Karner says.
Technology and society are evolving faster than businesses can adjust. Such is the pace of innovation that it has become a challenge to any leadership – it’
Farid Mheir's insight:

Nice summary of the digital transformation and its impact on business.

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Martin Gouge's curator insight, July 14, 8:21 AM

Wow, super cet article !!

Ken Feltman's curator insight, July 15, 8:46 AM
The Age of Disruption is upon us.
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Robot arm wins Amazon's tech award: a new age of eCommerce improvement is coming

Robot arm wins Amazon's tech award: a new age of eCommerce improvement is coming | Digital Transformation of Businesses | Scoop.it
A mechanical arm created by a Dutch team of roboticists wins Amazon's Picking Challenge award.
Farid Mheir's insight:

Amazon has invested heavily in warehouse automation to reduce costs and improve quality. It holds an event every year to select the best robots to accomplish warehousing tasks, this year to pick different items from store shelves.

 

WHY THIS IS IMPORTANT

Looking at the video it is clear that the technology remains primitive. That being said, with large investments made by Amazon in Kiva autonomous warehouse robots in the past, it is clear they are serious about warehouse automation.

 

It is clear that order fulfillment and delivery remain the 2 bottlenecks of eCommerce providers, adding costs and delays to the process compared to brick and mortar retailers. If Amazon could develop fully autonomous warehouses and have low cost delivery by leveraging Amazon Fresh grocery delivery trucks, it could have a profound impact on the viability of online pure plays and mark the decline in store-based commerce, which still account for 95% of all sales in the USA today.

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TechnoVision 2016 is @Capgemini toolbox to guide digital transformation

TechnoVision 2016 is @Capgemini toolbox to guide digital transformation | Digital Transformation of Businesses | Scoop.it

For 2016, we have a first-timer with our decision to stick to the 37 trend blocks that we have identified for 2015. We feel that they are — without an exception — completely relevant to describe the technology trends for 2016. Then again, although you will see the same players, the stories will turn out to be quite different: there are new cases, new links, new perspectives,
new trends. Our contributors have gone to great lengths to update each and every building block with the very latest insights. It hopefully makes TechnoVision on one hand a familiar friend but also an exciting, surprising new one, with quite a few fresh anecdotes.

Farid Mheir's insight:

This is Capgemini business IT transformation guidance. In 146 pages, it presents cases studies of digital transformations and key technology building blocks that were used to deliver them.

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Understand the Blockchain in 2 Minutes

Over the past decade, an alternative digital paradigm has slowly been taking shape at the edges of the internet. This new paradigm is the blockchain.


Via David Hall, Anna
Farid Mheir's insight:

Video that describes what blockchain is and its potential many uses.

 

WHY THIS IS IMPORTANT

It seems that the blockchain technology may be the source of a revolution in many fields from Finance and insurance to manufacturing and governance. Because it has such a wide ranging set of potential applications, it is important to understand what blockchain is, its limitation and its potential, so you are equipped with the knowledge to understand what is certain to be an huge amount of hype about its applications.

 

For more than just a 2 minute intro, I am reading Don Tapscott new book on blockchain : see http://amzn.to/29a8TVb

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Do You Have a Digital Merchandising Strategy? @Gartner gives 3 essential recommendations

Do You Have a Digital Merchandising Strategy? @Gartner gives 3 essential recommendations | Digital Transformation of Businesses | Scoop.it
How Kimberly-Clark and Rubbermaid improve their digital merchandising with detailed product information across many digital touchpoints.
Farid Mheir's insight:

Gartner research provides 3 recommendations of digital merchandising.

 

WHY THIS IS IMPORTANT

Merchandising is the least considered element of the digital eCommerce pillars (others are strategy, marketing, selling, fulfillment and support). This paper reminds us that eCommerce relies on detailed, accurate, and timely information about products because it is what consumers rely on mostly when making buying decisions. It is thus important to include merchandising activities as part of a balanced digital transformation roadmap.

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