Digital Transformation of Businesses
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Robotic suit gives shipyard workers super strength - health via New Scientist

Robotic suit gives shipyard workers super strength - health via New Scientist | Digital Transformation of Businesses | Scoop.it
Workers building the world's biggest ships could soon don robotic exoskeletons to lug around 100-kilogram hunks of metal as if they're nothing
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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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There’s a hacker shortage, so Facebook is turning to middle schools

There’s a hacker shortage, so Facebook is turning to middle schools | Digital Transformation of Businesses | Scoop.it
Facebook has arranged for hundreds of kids, from middle-school age up, to play a hacking game that it's developed—because it's having trouble recruiting for security roles. The company has been arranging competitions using the tool for years, but yesterday (May 11), it open-sourced the game in the hope of exposing more people—including kids, the Facebookers of the future—to th
Farid Mheir's insight:

This is similar to a game developed few years ago by the inventor of the captcha: use real people to categorize images using a game. http://www.wired.com/2007/06/ff-humancomp/

 

The idea was great - now deep learning and AI are taking over - but I assume there are still fields that required brain power to be harnessed.

 

In any case, if you have kids, it may be a good idea to suggest they look at the computer security field for a career...

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Get Ready for High-Frequency Lawyers

Get Ready for High-Frequency Lawyers | Digital Transformation of Businesses | Scoop.it
The legal profession could soon be disrupted by algorithms, too.
Farid Mheir's insight:

Combine high-frequency lawyers with block chain technology and you could really have an impact on the supply chain of most organizations. Say a grocer is buying tomatoes or strawberries. Contracts are drawn months in advance setting prices based on quality of products and delivery efficiency. I assume that something like this would allow for terms of the contract to be renegotiated in real-time to reflect how good - or bad - the products and services are. Who will be the first to jump on this? Walmart? Kroger? Costco? Procter and Gamble?

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Russell R. Roberts, Jr.'s curator insight, May 23, 8:54 PM
Thanks to reporter Farid Mheir for this leading edge report on how the legal profession could be affected by e-commerce. Nice shot of "Robby the Robot" from the film "Forbidden Planet."
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Your smartphone is leaking your information

This talk was given at a local TEDx event, produced independently of the TED Conferences. Bram is a PhD student in computer science at the Expertise Centr
Farid Mheir's insight:

An 8 minute video that will make you rethink your hunt for free wifi in public spaces...

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Russell R. Roberts, Jr.'s curator insight, May 21, 4:51 PM
Thanks to reporter Farid Mheir for the alarming look at how your smartphone messages are compromised by Wi-Fi connections.  As a matter of principal, I don't use public Wi-Fi (public libraries and schools excepted) connections because of the reasons cited in this video.  Privacy is mostly dead these days.  Be careful what networks you use.
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Consumer spending shifting from in-store to eCommerce since 2009 with no end in sight

Consumer spending shifting from in-store to eCommerce since 2009 with no end in sight | Digital Transformation of Businesses | Scoop.it

Consumers are shifting how they spend their money.

A Commerce Department report Friday showed total US retail sales jumped 1.3% month-on-month in April. 

And apart from car dealers and gas stations, there was another clear winner: online retailers.

The report showed that non-store retail sales — at places like Amazon and eBay — rose 2.1% in April from March. At the same time, department-store sales (excluding leased departments) rose 0.3%.

But the year-over-year trend showed an even bigger outperformance gap. Online retail sales were up 10.2%, the most among major categories in the retail sales report. 

Farid Mheir's insight:

Very interesting chart that shows eCommerce spend growing consistently since 2009, as opposed to in-store spend which remains stable or decreases. 

 

WHY THIS IS IMPORTANT

If you don't have an eCommerce offer then you are missing sales. Each retail category has a different eCommerce penetration, so your mileage will vary and you should adjust your investments accordingly. (http://sco.lt/6q1Ijx)

 

For example, if you sell electronics and apparel, then you should be online right now with an aggressive marketing and SEO strategy to stay on top of the market. 

 

Conversely if you sell perishable food products, you can probably manage to leverage a prepackaged solution such as shopify.com and market your online offering to your existing in-store customers and a good mailing list.

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A German designer’s AR pingpong table reacts to every shot

A German designer’s AR pingpong table reacts to every shot | Digital Transformation of Businesses | Scoop.it
One interaction designer has created an augmented reality tool that can take your ping pong game to the next level.
Farid Mheir's insight:

Very interesting demonstration of what can be achieved with augmented reality and a ping pong table. I always wonder why there are so many great entertainment demos and so few business ones. This can be so beneficial in manufacturing, production and other environments where workers have to make repetitive tasks or get trained on physical objects.

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Russell R. Roberts, Jr.'s curator insight, May 18, 4:29 PM
Utterly fascinating augmented reality tool from Germany. Like reporter Farid Mheir, I wonder why this useful technology hasn't been used more often to train new employees or refresh the knowledge of current workers.
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How blockchains could change the world - not just banking

How blockchains could change the world - not just banking | Digital Transformation of Businesses | Scoop.it
Ignore Bitcoin’s challenges. In this interview, Don Tapscott explains why blockchains, the technology underpinning the cryptocurrency, have the potential to revolutionize the world economy.
Farid Mheir's insight:

Amazing interview about the potential of blockchain technology to revolutionize business, not just banking but all industries.

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Jean-Marie Grange's curator insight, May 17, 4:24 PM
The question is not if Blockchain will change the world, but how fast it is going to happen?
Jean-Marie Grange's curator insight, May 17, 4:54 PM
The question is not if blockchain can change the world, but how fast it will happen!
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OpenBR : Open Source Biometric Recognition paves the way for wide adoption

OpenBR : Open Source Biometric Recognition paves the way for wide adoption | Digital Transformation of Businesses | Scoop.it

Open Source Biometric Recognition

A communal biometrics framework supporting the development of open algorithms and reproducible evaluations.

Farid Mheir's insight:

Face recognition, gender detection, and age estimation are all now possible with this open source suite of software code. This should pave the way for wide adoption in all kind of applications, from retail store security cameras to hand held camera devices such as the narrative camera or others. I can think of so many use cases - both good and bad - where this technology can be deployed. Just a question of time...

 

http://getnarrative.com/

https://www.indiegogo.com/projects/parashoot-smart-wearable-video-mini-hd-camera 

http://www.getperfectmemory.com/ 

 

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Viv, from Siri's creators, is the virtual assistant of your dreams

Viv, from Siri's creators, is the virtual assistant of your dreams | Digital Transformation of Businesses | Scoop.it

Siri made the world aware of the potential of virtual assistants, but several years after its release, it's still a bit basic. Siri can only do certain very specific tasks, and she doesn't play well with third-party services. So for their next product, Viv, the people behind Siri aimed to build a much more capable virtual assistant. And at this point, it looks like they've succeeded, judging from a brief demonstration today at TechCrunch Disrupt in New York City.

Farid Mheir's insight:

Presenation of viv, a personal assistant technology from the makers of iPhone siri. But much better. Listen to the 15min video to see what is possible and a glympse into how it can be developed. You'll feel like you've peeked into the future...

 

One of the most interesting demo is what they call voice commerce, where you can order very easily flowers or hotel room. I can only imagine what I will be able to do with this technology to create grocery shopping lists!

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Russell R. Roberts, Jr.'s curator insight, May 15, 12:32 AM
Thanks to reporter Farid Mheir for this peak into the future of voice commerce.  Viv has some enormous potential for marketing.  A most fascinating video.
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How spotify structures its teams to deliver products in agile fashion

How spotify structures its teams to deliver products in agile fashion | Digital Transformation of Businesses | Scoop.it
Enjoy our extensive collection of member-contributed articles to learn how other Scrum practitioners use Scrum in the workplace
Farid Mheir's insight:

The paper behind yesterday's spotify videos on their agile structure.

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Google Transparency Report gives insights into hacking & government requests for content

Google Transparency Report gives insights into hacking & government requests for content | Digital Transformation of Businesses | Scoop.it

Data that sheds light on how laws and policies affect Internet users
and the flow of information online.

Farid Mheir's insight:

Some data from Google that sheds light onto steps they use to protect our privacy and make us secure.

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World Password Day 2016

World Password Day 2016 | Digital Transformation of Businesses | Scoop.it
Lock it down. Add another layer to your password. PasswordDay.org #PasswordDay
Farid Mheir's insight:

Give yourself a gift and celebrate world password day: change your password this weekend. You won't regret it!

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Russell R. Roberts, Jr.'s curator insight, May 8, 12:45 AM
Some excellent advice from reporter Farid Mheir on securing your blog, website, or private data.  Change your passwords often and use multi-factor authentication.  These steps will help keep hackers from penetrating your personal and business data.
MakeUseOf's curator insight, May 8, 9:16 AM

Do it now! #PasswordDay

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Mobile Retail Apps and Sites: 25 principles for a Better Experience for Shoppers

Mobile Retail Apps and Sites: 25 principles for a Better Experience for Shoppers | Digital Transformation of Businesses | Scoop.it
In a booming e-commerce market, you can rise above the pack by providing a mobile site or app with frictionless, simple experiences for omni-channel shoppers. From Google's UX Research Lead Jenny Gove and UX Design Lead Iram Mirza, here are 25 principles for designing a retail mobile site or app.
Farid Mheir's insight:

This guide by Google presents 25 design principles to use when creating a mobile app or website.

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A catalog of 15 of the many ways Google knows more about you than you think

A catalog of 15 of the many ways Google knows more about you than you think | Digital Transformation of Businesses | Scoop.it

Just how extensive are Google's tracking activities? When I started cataloging them, I was amazed. Here is a partial list of tracking methods Google is known to use. I'd wager that the list of tracking methods we don't know about is much longer.

Farid Mheir's insight:

I love Google and their products. I love how they've pushed the enveloppe to draw digital into our lives. And I also know enough about what they do with the data to be careful. This article is great because it lists some of the most common ways in which Google tracks info about you.

 

Today, I don't mind about this invasion of my privacy, because what they do with the data seems pretty harmless to me - even maybe can be considered a service - which is to target better ads to me.

 

What is really scary is not what Google does with my data: after all, they are being scrutinized by so many and their business model depends on not abusing the information they gather about us. However this is not be true for the other companies that track information about me and do not share the same prying eyes as Google does: Apple? Facebook? Mastercard and Visa? Walmart? Governments?

 

THAT is something to worry about...

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Arnaud Dubois's curator insight, May 2, 6:03 AM
Google, or probably the biggest assembly of big data in the world
Russell R. Roberts, Jr.'s curator insight, May 2, 9:52 PM
Great article about the pitfalls of online tracking activities.  I agree with reporter Farid Mheir that much of what Google does actually helps the consumer and results in more efficient, responsible business practices.  Like Farid, I'm more concerned about the tracking activities of governments, NGOs, and companies with "relativistic ethics."  Be careful what you put online.  That stuff can come back to haunt you.
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The secret to America’s most “disruptive” supermarket—fruits and vegetables

The secret to America’s most “disruptive” supermarket—fruits and vegetables | Digital Transformation of Businesses | Scoop.it
Since supermarkets came of age in the 1950s, the American grocery store layout has largely been frozen in time. And for good reason. Every inch of the traditional track around US supermarkets—from the beautifully lit piles of produce and bounteous bakery section to the inviting prepared foods—has been honed to maximize the grocery industry's tried-and-true busines
Farid Mheir's insight:

This is not an article about grocery retailing but rather a demonstration of what the future holds for retailers and the stores they have.

 

With eCommerce, no longer do stores need to be mini warehouses with racks and shelves full of products. Today, eCommerce and automated picking can replace this more economically - remember Amazon mantra "your margin is my opportunity". 

 

What retail stores will become is more like an Apple store than a costco:

1- a showroom for your products

2- a learning center on how to best use your products

3- a help center to get you out of trouble if that should occur

 

Exactly the layout of an Apple store. What would this look like in a grocery store? Well something like the picture in this paper

1- showroom for perishable products like meat, deli, seafood, produce, etc.

2- areas for cooking recipes, sampling, promotions, tastings, etc.

3- areas to prepare cooked meals to get you on your way without having to prepare a meal

The rest - grocery products in boxes and cans - will be prepared automatically in a fully automated warehouse in the distance by robots who know what you've bought in the past and what you are missing in your fridge or need to prepare that recipe you just tasted. Delivered to your car's trunk in the parking lot.

 

Give it a few years and this should become reality....

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How Should You Calculate Customer Lifetime Value? - Sloan Review

How Should You Calculate Customer Lifetime Value? - Sloan Review | Digital Transformation of Businesses | Scoop.it
Many marketers persist in subtracting acquisition costs before reporting CLV, which results in several ongoing problems. The majority of marketers we surveyed thought that customers with the same value going forward had the same CLV. However, this is not true when acquisition costs are subtracted from CLV before CLV is reported. A highly profitable customer can appear to have the same value as a less profitable customer if the highly profitable customer cost more to acquire.

Most marketers we surveyed also thought that you could calculate the financial value of a company’s customers by adding up the individual CLVs. However, this is not true if acquisition costs are subtracted before reporting CLV. When subtracting acquisition costs before reporting CLV, you do not report the current value of the company’s customers but their value less acquisition cost. To see why this matters, it helps to draw a parallel with other (noncustomer) company assets. Imagine that a company is selling an old machine. In this scenario, the company’s managers would expect to receive the machine’s current value, not the current value less what the company paid to buy the machine when new.

Via marketingIO
Farid Mheir's insight:

Very good explanation of the CLV and its calculation.

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marketingIO's curator insight, May 13, 11:51 AM

marketingIO: One Source for All Marketing Technology Challenges. See our solutions.  

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Online grocery is growing at 20% YoY- the grocery disruption is near

Online grocery is growing at 20% YoY- the grocery disruption is near | Digital Transformation of Businesses | Scoop.it
Amazon is joining forces with Britain's fourth-largest supermarket chain, ramping up rivalry in what's already a fiercely competitive market. By partnering with Morrisons as its food wholesaler, Amazon is taking on traditional supermarket chains for online shoppers. Until now, Amazon has stayed away from perishable items. The Morrisons partnership allows the company to sell shoppers fresh an
Farid Mheir's insight:

I had the intuition this was right as my personal experience with IGA very early showed growth of 25% YoY as the norm. This chart confirms it and may explain why Amazon and others have been trying to enter the market for so many years.

 

Grocery online is difficult to master: perishable products without barcodes mean picking an order is difficult to automate - not impossible but difficult... and costly! Remember that grocers have historically delegated the order picking to you, the client, pushing a cart across the aisles. eCommerce flips this model over its head and customers want grocers to pick and deliver their orders to their doors for the same price as before!

 

What happens: people start to think, start to innovate, start to transform the model. FreshDirect in NYC delivers high end high quality products - including perishables - but makes people pay for the service and the convenience. French grocers skip the delivery part and created in-store pickup service. Amazon looks at the whole thing and thinks, hmmm, if I can deliver groceries and break even then it means I have trucks on the road that can deliver all the rest of my orders for a marginal increment - that sounds like a great idea! Uber looks at this and says "hey, we have cars and drivers on the road already, we'll deliver the orders to your door in a few hours". And instacart is taking the uber model to send people to store to pick orders for you...

 

What does it mean? Growing at 30% a year, means it is on an exponential growth curve: things start slowly but when they become popular they explode. The hockey stick is near (or the singularity is near). Watch for it...

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creation infoway's curator insight, May 20, 8:01 AM

SEO or search engine optimization is a much used word in the online community. Internet marketers value SEO because they are – free or low cost, gives a sustainable competitive advantage, and can achieve conversions or orders.

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How to find out everything Google knows about you

How to find out everything Google knows about you | Digital Transformation of Businesses | Scoop.it
Here's how to find out what Google knows about you and is sharing with advertisers, and how to get Google to stop.
Farid Mheir's insight:

This is a very good run down of what you'll find out when you go to google history or google dashboard to find out what Google knows about you.

history.google.com/history

https://www.google.com/settings/dashboard 

 

That being said, and as i've noted before, this is not everything they know about you: Google infers a lot from your web activity outside the realm of google properties via the ad beacons they place all over the web. Moreover, Google predicts and creates a user profile of you - and this information they do not share with you!

 

Also see other article abour this same topic:

how google mines your data: http://sco.lt/6nPe2z

15 ways google mines your data: http://sco.lt/5mlk5B 

voting is obsolete: http://sco.lt/5GmLVh 

or anything about privacy: http://www.scoop.it/t/digital-transformation-of-businesses/?tag=Privacy 

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SensorsTechForum's curator insight, May 18, 9:54 AM
You can actually find out what Google knows about you and delete that info!
Russell R. Roberts, Jr.'s curator insight, May 18, 4:13 PM
Thanks to reporter Farid Mheir for this utterly fascinating and ultimately scary report on what Google knows about you.  
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Technical Debt: The Continued Burden on Software Innovation | Cutter Consortium Bookstore

Technical Debt: The Continued Burden on Software Innovation | Cutter Consortium Bookstore | Digital Transformation of Businesses | Scoop.it

 

In this issue:

  • Technical Debt: The Continued Burden on Software Innovation — Opening Statement
  • Technical Debt: It’s Not the Real Problem by Declan Whelan
  • Using Technical Debt to Make Good Decisions by John Heintz
  • Managing Technical Debt with the SQALE Method by Jean Louis Letouzey
  • The Psychology and Politics of Technical Debt: How We Incur Technical Debt and Why Retiring It Is So Difficult by Richard Brenner
  • Addressing the Hidden Obstacles to Innovation and Digital Disruption by Ram Reddy
  • Vendor-Driven Technical Debt: Why It Matters and What to Do About It by Mohan Babu K

Click here to edit the content

Farid Mheir's insight:

technical debt remains a subject that is too often misunderstood or not taken seriously. This report from Cutter brings together key papers on the subject.

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eCommerce penetration varies widely by retail categories

eCommerce penetration varies widely by retail categories | Digital Transformation of Businesses | Scoop.it

The Global Retail E-Commerce Index™ ranks the top 30 countries for their e-commerce potential, based on several variables that rate both a country's current market and its potential for growth. The findings provide a wealth of information for retailers to use in developing successful global e-commerce strategies and identifying emerging market investment opportunities.

Farid Mheir's insight:

eCommerce market and trends study by AT Kearney in 2015. The report highlights eCommerce penetration worldwide but also indicates the high variability of eCommerce penetration by industry categories. Electronics, books and apparels top the list while grocery is a the bottom. No surprise here.

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Farid Mheir's curator insight, December 19, 2015 9:21 AM

eCommerce market and trends study by AT Kearney in 2015. The report highlights eCommerce penetration worldwide but also indicates the high variability of eCommerce penetration by industry sectors. Electronics, books and apparels top the list while grocery is a the bottom. No surprise here.

Martin Smith's curator insight, May 17, 12:41 AM
Cool stats for ecom
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After analyzing 200 founders' postmortems, researchers say these are the reasons startups fail

After analyzing 200 founders' postmortems, researchers say these are the reasons startups fail | Digital Transformation of Businesses | Scoop.it
It's a common adage in Silicon Valley that 90% of startups ultimately fail. To understand why that's the case, a pair of researchers meticulously pored over 193 blog posts—startup postmortems, if you will—written by founders examining what went wrong. It was a heartwrenching experience for Kerry Jones, an employees at data-marketing firm Fractl, to be involved i
Farid Mheir's insight:

This post has little to do with digital transformation but given my past experience and the large number of startups that focus on digital, transformation, disruption (or all of them) I though this post worthwhile to share.

 

Moreover, the reasons posted focus on few things: business model and funding. My company failed because of the business model. Yours?

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Ian Harris's curator insight, May 14, 4:11 AM

This is the relevance of getting your business model right!

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Amazon Replaced my local Grocery Store- why millenials will grocery shop online

Amazon Replaced my local Grocery Store- why millenials will grocery shop online | Digital Transformation of Businesses | Scoop.it
Grocery stores are unique in that even in 2015 as you travel around the United States you will rarely find a standardized chain. Walmart Supercenters is probably the closest by definition, however
Farid Mheir's insight:

Millenials are shopping differently than older generations. They see the value that comes from eCommerce solutions. Retailers thus should rethink their business models along the lines that innovating companies such as amazon fresh do.

 

Here are the reasons this millenial calls "perks" for using amazon fresh vs. walmart or other grocers. Take note:

- High quality produce
- Similar, and sometimes better product offering (for me anyway)
- Rotating inventory of local restaurants and vendors
- Custom home delivery time (with $4 suggested driver tip)
- Tracks purchases and gives recommendations
- Amazon Dash uses voice and barcodes to track groceries
- Compatible with the rest of Amazon inventory
- Comes with Prime free two day shipping and Prime Video.
- Dedicated mobile app (no need for grocery lists anymore)

 

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Arnaud Dubois's curator insight, May 12, 10:51 AM
I wonder if, in the future, online stores and supermarkets will be combined/fusionned... Some people are already doing it today. But, isn't it a bit frightening? Doing litteraly almost everything from your couch? Going back to the traditional way is maybe an "escape" ?
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Videos that describe Spotify engineering culture #mustWatch

Videos that describe Spotify engineering culture #mustWatch | Digital Transformation of Businesses | Scoop.it
Here's part 1 of short animated video describing our engineering culture (here's part 2). This is a journey in progress, not a journey completed, and there's a lot of variation from squad to squad. So the stuff in the video isn't all true for all squads all the time, but it appears to be mostly true…
Farid Mheir's insight:

Amazing two 15 min videos describing the engineering culture and organization of teams at spotify. In a nutshell they give team full autonomy to deliver products all the way to production, thus eliminating the possible excuses that one can have for not being able to reach their targets. AMAZING structure and video. Must watch.

 

And this does not apply only to startups. Established companies should consider re-organizing their teams based on the agile principles that spotify puts forwards. The projects that I see failing or suffering from delays and bloat in large companies I see around would be in much better shape if they implemented similar structures....

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Phil Walter's curator insight, May 11, 4:25 AM

If you wan to know where our Digital Team aspires to be and is heading then watch this video from Spotify

Jean-Marie Grange's curator insight, May 11, 12:47 PM
Very smart way to organize work at Spotify
Russell R. Roberts, Jr.'s curator insight, May 11, 11:34 PM
Spotify is one of those rare companies that "gets it" and is willing to employ cutting edge technology to advance its services. Thanks to reporter Farid Mheir for this informative and often enjoyable video that describes the engineering culture at the root of the Spotify business and marketing model.
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I quick intro to Snapchat... so you can understand what your kids are raving about

I quick intro to Snapchat... so you can understand what your kids are raving about | Digital Transformation of Businesses | Scoop.it
I basically treated my Snapchat story like a personal photo and video journal, except it'd disappear after 24 hours so it wasn't a big deal if only a few people saw it. Even though my Snapchat is public, then, it's really only public to the people who happen to see it. It's a weird little conceit, but that makes me more willing to be my authentic self. I can be more experimental in how I portray myself. I can be a little more off the cuff. I can try out dumb jokes without fearing that people will laugh at me instead of with me. It's like performance theater.
Farid Mheir's insight:

Take time on this mother's day to read this and install snapchat. You'll be able to discuss it with your teenager over lunch or dinner to understand why they are all using this tool over Facebook, and twitter, and other social networks. In a nutshell: because what you post is there for 24 hours, you are allowed to make mistakes. Exactly what teenagers experimenting with life is all about.

 

Should we have a snapchat for business? Would that make your colleagues use your internal company social network?

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Richer Fortin's curator insight, May 12, 9:10 AM
ok thanks Farid, now I get it ^^
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Fêtons la Journée du mot de passe avec une histoire de vol de données

Fêtons la Journée du mot de passe avec une histoire de vol de données | Digital Transformation of Businesses | Scoop.it
Un jeune hacker russe est prêt à vendre des centaines de millions d'identifiants et de mots de passe pour moins d'un dollar. Mais aucune raison d
Farid Mheir's insight:

Même si vous êtes en retard, profitez-en ce weekend pour fêter et changer votre mot de passe: il n'est jamais trop tard pour être en sécurité!

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Will Online Groceries the the last frontier for eCommerce?

Will Online Groceries the the last frontier for eCommerce? | Digital Transformation of Businesses | Scoop.it
Online groceries seem set for significant growth this year, according to a Morgan Stanley survey. Could it become the next big driver of global eCommerce?
Farid Mheir's insight:

It will be 20 years since I launched the IGA eCommerce solution. I was too early for sure. Now it looks things may be moving in the right direction. Will online grocery be the last frontier for eCommerce? It sure looks like it!

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Russell R. Roberts, Jr.'s curator insight, May 2, 9:39 PM
Thanks to reporter Farid Mheir for describing the "last frontier for eCommerce."  Intriguing analysis from a man who helped start the concept of eCommerce.