WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
Going digital in your business? I select the best posts and highlight the reasons why it matters. Like it? Click "recommend" + register to get the digest in your inbox: http://fmcs.digital/newsletter-signup/
Curated by Farid Mheir
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Artificial Intelligence in #Retail – 10 Present and Future Use Cases

Artificial Intelligence in #Retail – 10 Present and Future Use Cases | WHY IT MATTERS: Digital Transformation | Scoop.it

In this article, we cover a variety of examples in which AI is being integrated in the retail industry, broken down into the following sub-categories: Sales and CRM Applications, Customer Recommendations, Manufacturing, Logistics and Delivery, Payments and Payment Services

Farid Mheir's insight:

WHY IT MATTERS: some of the use cases may be far fetched but still give a good idea of what is possible (not necessarily what is useful...). Good to know nevertheless.

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Harpal Jadon's curator insight, October 18, 7:18 AM
Harpal Singh Jadon
Harpal Jadon's curator insight, October 18, 7:19 AM
Harpal Singh Jadon
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Turing use #AI and #robotics to create collaborative, end-to-end security solutions for service providers and end users #segway

Turing use #AI and #robotics to create collaborative, end-to-end security solutions for service providers and end users #segway | WHY IT MATTERS: Digital Transformation | Scoop.it

We use A.I. and robotics to create collaborative, end-to-end security solutions for service providers and end users.

Farid Mheir's insight:

WHY IT MATTERS: this device morphs a new transportation device - the segway - with AI and sensors to deliver a surveillance device that may provide a new type of remote operated, semi-autonomous surveillance system. I can see applications gated communities, very large facilities, etc. Plus the video is quite futuristic! https://www.youtube.com/watch?v=jhD9q7stHfY

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In a store near you soon: robots that scan shelves to make sure everything is in the right place at the right price @Qopius #startup #FrenchTech #PRW2018

In a store near you soon: robots that scan shelves to make sure everything is in the right place at the right price @Qopius #startup #FrenchTech #PRW2018 | WHY IT MATTERS: Digital Transformation | Scoop.it

The Qube, our all-in-one artificial intelligence consists of many different engines working in harmony with each other to analyse shelf images instantaneously and extract information on product, brand, price and placement.

Farid Mheir's insight:

WHY IT MATTERS: a technical description of the technology required to make shelf scanning robots of startup Qopius a reality. Fascinating.

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Deepanshu Sharma's comment, October 4, 7:39 AM
nice
check this also
https://www.happydiwaliwishesandquotes.com/2018/09/Happy-Diwali-2018-Wishes-Quotes-And-Messages.html
Vezta & Co.'s curator insight, October 4, 11:58 AM

WHY IT MATTERS: a technical description of the technology required to make shelf scanning robots of startup Qopius a reality. Fascinating.

CCI VAL D'OISE's curator insight, October 4, 4:25 PM

Un robot pour veiller sur vos lineaires commerciaux ! 

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Forget autonomous cars, the future is made of autonomous carts that follow you in the supermarket, tracking your path and capturing all kinds of data - 7Fresh JD.com #AI #China

Forget autonomous cars, the future is made of autonomous carts that follow you in the supermarket, tracking your path and capturing all kinds of data - 7Fresh JD.com #AI #China | WHY IT MATTERS: Digital Transformation | Scoop.it

The future of food retail is to be found in China. Following Alibaba, major competitor JD.com has also opened its technologically advanced supermarket: 7Fresh uses eCommerce technology and aims to open 1,000 stores.

Farid Mheir's insight:

WHY IT MATTERS: expect to see more robots in supermarkets in the near future - especially if you are in China 7fresh new high-tech supermarket. See a short description of the store here.

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Why we need High Definition maps for autonomous cars to become reality - and what @comma_Ai is doing to create an #openSource version for all to use #mapping #digitalTransformation

Why we need High Definition maps for autonomous cars to become reality - and what @comma_Ai is doing to create an #openSource version for all to use #mapping #digitalTransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

The future of navigation will be centralized around HD maps. While plenty of companies exist to provide this type of data, all are limited by paywalls and strict Terms-of-Service. It is time for this paradigm to change. Comma.ai is releasing US interstate HD maps from our 5,000,000+ miles of data.

Farid Mheir's insight:

WHY IT MATTERS: to make digital transformation a reality we required to blend the digital and the real world. In particular it is essential to have high definition maps of the real world and this paper explains why this is important, and why they have made their model opensource for everyone to see and use.

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riterp2003's curator insight, October 4, 7:27 AM
With 15 years of experience under our belt, Roadmap sofware in Chennai specializes in ERP provider by offering exclusive ERP Software Solutions in Chennai crucial to the daily functioning of your industry/business.
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This AI Drone Can Be Controlled by Your Eyes - opens opportunities in many fields including disabilities #AI #drone #enhancedVision

This AI Drone Can Be Controlled by Your Eyes - opens opportunities in many fields including disabilities #AI #drone #enhancedVision | WHY IT MATTERS: Digital Transformation | Scoop.it

Piloting a drone or an unmanned vehicle by only using your gaze sounds like a scene out of a science fiction movie, but now it’s a reality. Researchers from the University of Pennsylvania, New York University, and collaborators developed a deep learning system that uses NVIDIA GPUs to enable a user to control a drone by simply directing their eyes towards where they want to steer.

Farid Mheir's insight:

WHY IT MATTERS: being able to control devices without your hand - using eyes or voice - is still being explored. I find this a great example of merging new technologies - drone, eye gazing, AI - to expand digital transformation beyond the current scope envisioned today.

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Coulmain Thierry's curator insight, October 1, 4:34 AM

Piloter un drone ou un véhicule sans pilote en n'utilisant que votre regard ressemble à une scène d'un film de science-fiction, mais c'est maintenant une réalité. Des chercheurs de l'Université de Pennsylvanie, de l'Université de New York et des collaborateurs ont développé un système d'apprentissage profond qui utilise les GPU NVIDIA pour permettre à un utilisateur de contrôler un drone en dirigeant simplement son regard vers la direction qu'il souhaite prendre.

Traduit avec www.DeepL.com/Translator

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Digital tools helps decipher the reaction to political debates using @SemeonAnalytics tools #AI #PolQc #Quebec2018 #DebatQc HT @Guglielminetti

Digital tools helps decipher the reaction to political debates using @SemeonAnalytics tools #AI #PolQc #Quebec2018 #DebatQc HT @Guglielminetti | WHY IT MATTERS: Digital Transformation | Scoop.it

Lors de la soirée du Débat des chefs, bien des choses ont été dites sur Internet, par les électeurs qui suivaient le débat, par les analystes, les sympathisants et même, les partis eux-mêmes. Voici une analyse de ces propos produites par les gens de Semeon Analytics pour chacun des chefs présent lors du débat de jeudi…

Farid Mheir's insight:

WHY IT MATTERS: big data and AI can extract the information from social networks - this is a perfect example of the use of such tools to analyze the sentiments towards politicians during debates in Quebec province.

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Machine Learning cheat sheets from @Stanford and @MIT are also being translated in multiple languages on #github #geek #AI #MachineLearning #Great

Machine Learning cheat sheets from @Stanford and @MIT are also being translated in multiple languages on #github #geek #AI #MachineLearning #Great | WHY IT MATTERS: Digital Transformation | Scoop.it
Teaching page of Shervine Amidi, Graduate Student at Stanford University.
Farid Mheir's insight:

WHY IT MATTERS: machine learning is based on mathematics and computer science. Here are cheat sheets to help guide students - but in reality they are good for everybody. Also look on github for translations in multiple languages...

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Zayn Thomas's comment, September 18, 8:06 AM
thanks for precious knowledge and check out our Mobile Blogging app for students : http://www.heuroapp.com/
Vezta & Co.'s curator insight, September 19, 8:37 AM

WHY IT MATTERS: machine learning is based on mathematics and computer science. Here are cheat sheets to help guide students - but in reality they are good for everybody. Also look on github for translations in multiple languages...

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Digital transformation coming to the Sports industry: how #AI is used to analyze #hockey #Olympics and other sporting events

Sports are an interesting application of many machine learning algorithms since sports, in general, are very fast-paced and (many) include a group dynamic. Therefore algorithms tailored to sports may help to push the boundary of what is possible in Computer Vision.

Farid Mheir's insight:

WHY IT MATTERS: real-time analysis of sporting events to provide insights into players and teams is big business where digital transformation will have a profound impact if this recent research is to be believed...

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C Dietz's curator insight, September 14, 11:47 AM
Remember the AI revolution from Baseball with the Boston team
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Human + Machine: reimagining work in the age of #AI #book #worthReading #summerReads

Human + Machine: reimagining work in the age of #AI #book #worthReading #summerReads | WHY IT MATTERS: Digital Transformation | Scoop.it

In Human + Machine, Accenture leaders Paul R. Daugherty and H. James (Jim) Wilson show that the essence of the AI paradigm shift is the transformation of all business processes within an organization - whether related to breakthrough innovation, everyday customer service, or personal productivity habits. As humans and smart machines collaborate ever more closely, work processes become more fluid and adaptive, enabling companies to change them on the fly - or to completely reimagine them. AI is changing all the rules of how companies operate.

Farid Mheir's insight:

WHY IT MATTERS: I recommend reading this book (not listening to audible because too many concepts/tables). It does lay out a convincing path towards autonomous AI that goes through a period of merging humans *with* AI. Worth reading and referring to during strategy sessions.

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Humans+AI working together brings benefits across 5 areas in a study of 1,500 Companies #AI #BigTrends @HBR

Humans+AI working together brings benefits across 5 areas in a study of 1,500 Companies #AI #BigTrends @HBR | WHY IT MATTERS: Digital Transformation | Scoop.it

Companies benefit from optimizing collaboration between humans and artificial intelligence. Five principles can help them do so: Reimagine business processes; embrace experimentation/employee involvement; actively direct AI strategy; responsibly collect data; and redesign work to incorporate AI and cultivate related employee skills. A survey of 1,075 companies in 12 industries found that the more of these principles companies adopted, the better their AI initiatives performed in terms of speed, cost savings, revenues, or other operational measures.

Farid Mheir's insight:

WHY IT MATTERS: use this diagram as a guide to determine where and how to combine humans with AI.

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Vezta & Co.'s curator insight, September 4, 7:40 AM

WHY IT MATTERS: use this diagram as a guide to determine where and how to combine humans with AI.

factonews.com's curator insight, September 4, 11:12 AM
1800-608-2336 We are certified technical support team since 2007 (www.Factonews.com). and we support type like Email, Printer ,Antivirus,Yahoo mail, issues.our Tollfree number is 18006082336
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The more Humans and AI work together, the more performance improves - study of 1,500 Companies #BigTrend @HBR

The more Humans and AI work together, the more performance improves - study of 1,500 Companies #BigTrend @HBR | WHY IT MATTERS: Digital Transformation | Scoop.it

Companies benefit from optimizing collaboration between humans and artificial intelligence. Five principles can help them do so: Reimagine business processes; embrace experimentation/employee involvement; actively direct AI strategy; responsibly collect data; and redesign work to incorporate AI and cultivate related employee skills. A survey of 1,075 companies in 12 industries found that the more of these principles companies adopted, the better their AI initiatives performed in terms of speed, cost savings, revenues, or other operational measures.

Farid Mheir's insight:

WHY IT MATTERS: we tend to think AI as replacing humans. Studies are starting to show that in the short term, best bet is to combine humans with AI.

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David Seamans's curator insight, September 5, 8:49 AM

Elements works closely with all management and stakeholders to improve performance.

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Top 100 #DigitalTransformation Influencers shows focus remains on #Technology #Innovation #Data #Marketing via @stratorob #AI #Robotics #RPA #IoT #BigData #DataScience #DataAnalytics

Top 100 #DigitalTransformation Influencers shows focus remains on #Technology #Innovation #Data #Marketing via @stratorob #AI #Robotics #RPA #IoT #BigData #DataScience #DataAnalytics | WHY IT MATTERS: Digital Transformation | Scoop.it

An overview of influencer that inspire me daily when reading the newest trends on digital transformation. Feel free to add your favorite influencer on this list. I personally have no influence on the ranking - a neutral algorithm calculates who has the most impact online. So all fame and blame belongs to the algorithm.

Farid Mheir's insight:

WHY IT MATTERS: the list provides a great starting point to get a shot of digital transformation leadership. The focus being mostly on technology, you should look elsewhere for impact on society, work, and life that digital transformation brings.

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Podcast on digital disruption by #Accountants gives an idea of how much #AI #Blockchain #Automation #Cybersecurity will impact their industry - as I believe it will all professional services includ...

Podcast on digital disruption by #Accountants gives an idea of how much #AI #Blockchain #Automation #Cybersecurity will impact their industry - as I believe it will all professional services includ... | WHY IT MATTERS: Digital Transformation | Scoop.it

You’re surrounded by disruption and rapid change. Maybe you’re looking for solutions. A way to seize opportunities. We all are. It’s a sprint to stay ahead of technology. Blockchain. Automation. AI. Cybersecurity. It will forever change the way accounting is done. And forever change those who do it. It’s time to reset, redefine and reskill. The way we learn. The way we work. And the way we move forward. Here, you’ll find what you need to not just survive, but adapt and thrive. And disrupt disruption.

Farid Mheir's insight:

WHY IT MATTERS: I've been blogging about digital disruption since Jan 2013, and doing it since the early days of Internet in 1995. It is refreshing to see it being picked up by non technology professionals. Maybe a sign of the times that this thing is starting to really impact people, businesses and whole industries...?

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Tell your kids to stay in school: If you work with your hands, #AI, #automation, and #BigData are not good news according to @McKinsey #Tech4Good

Tell your kids to stay in school: If you work with your hands, #AI, #automation, and #BigData are not good news according to @McKinsey #Tech4Good | WHY IT MATTERS: Digital Transformation | Scoop.it

Workplaces and workflows will change as more people work alongside machines

Farid Mheir's insight:

WHY IT MATTERS: if you have kids, show them this then encourage them to study!

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#AI, #Automation and #BigData will create more jobs by 2030 than they will eliminate according to @McKinsey #Tech4Good

#AI, #Automation and #BigData will create more jobs by 2030 than they will eliminate according to @McKinsey #Tech4Good | WHY IT MATTERS: Digital Transformation | Scoop.it

Additional economic growth, including from business dynamism and rising productivity growth, will also continue to create jobs. Many other new occupations that we cannot currently imagine will also emerge and may account for as much as 10 percent of jobs created by 2030, if history is a guide. Moreover, technology itself has historically been a net job creator. For example, the introduction of the personal computer in the 1970s and 1980s created millions of jobs not just for semiconductor makers, but also for software and app developers of all types, customer-service representatives, and information analysts.

Farid Mheir's insight:

WHY IT MATTERS: this is a positive news about new technologies. However we must brace ourselves because many people will loose their jobs and not have the skills - or the willingness - to adapt. This will certainly create turmoil in companies - and possible whole countries. Prepare.

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Retailers that do not believe #AI and #BigData is top priority today may suffer via @McKinsey

Retailers that do not believe #AI and #BigData is top priority today may suffer via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

As machines increasingly complement human labor in the workplace, we will all need to adjust to reap the benefits.

Farid Mheir's insight:

WHY IT MATTERS: watch out for AI to revolutionize the retail industry - and many others.

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TGI Friday's #AI-powered #marketing #chatbot drives $150 million (with virtual bartenders and more) #AI 

TGI Friday's #AI-powered #marketing #chatbot drives $150 million (with virtual bartenders and more) #AI  | WHY IT MATTERS: Digital Transformation | Scoop.it

Restaurant chain TGI Fridays has used AI to double its off-premise business over the last year — and is seeing such fast growth that the company has struggled to keep up.

Farid Mheir's insight:

WHY IT MATTERS: AI in marketing holds many promises and case studies like this one may prove useful to determine if AI and chatbots should be part of your digital strategy.

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François DEMONGEOT's curator insight, June 15, 5:29 AM

A double trend to watch - Services development drive the growth of the economy , no longer products - For services Understanding the customer expectation has always been key , AI among other techniques is a real booster

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#AI at Google: our principles

#AI at Google: our principles | WHY IT MATTERS: Digital Transformation | Scoop.it

We’re announcing seven principles to guide our work in AI. We believe these principles are the right foundation for our company and the future development of AI. This approach is consistent with the values laid out in our original Founders’ Letter back in 2004. There we made clear our intention to take a long-term perspective, even if it means making short-term tradeoffs. We said it then, and we believe it now.

Farid Mheir's insight:

WHY IT MATTERS: it is great to see companies create AI using these principles. Most interesting also are the areas that Google plans to avoid. Let's hope all others - including nation states - also will adhere to those principles...

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Kleiner Perkins’ Mary Meeker Internet Trends at Code 2018 #mustRead #weekendRead #video #AI #eCommerce

Kleiner Perkins’ Mary Meeker Internet Trends at Code 2018 #mustRead #weekendRead #video #AI #eCommerce | WHY IT MATTERS: Digital Transformation | Scoop.it

"When you have rising monetization, rising growth and rising data collection, it drives a lot of regulatory scrutiny whether it’s related to data privacy, competition or safety in content."

Farid Mheir's insight:

WHY IT MATTERS: this is the annual presentation to level-set everyone on the Internet, mobile, ecommerce, cybersecurity, epayment, personalization, etc. She covers everything and shows that digital transformation is in full swing. Just WOW. Again.

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Fourth Industrial Revolution | Explore | TOPLINK

Fourth Industrial Revolution | Explore | TOPLINK | WHY IT MATTERS: Digital Transformation | Scoop.it

The Fourth Industrial Revolution represents a fundamental change in the way we live, work and relate to one another. It is a new chapter in human development, enabled by extraordinary technology advances commensurate with those of the first, second and third industrial revolutions. These advances are merging the physical, digital and biological worlds in ways that create both huge promise and potential peril. The speed, breadth and depth of this revolution is forcing us to rethink how countries develop, how organisations create value and even what it means to be human. The Fourth Industrial Revolution is about more than just technology-driven change; it is an opportunity to help everyone, including leaders, policy-makers and people from all income groups and nations, to harness converging technologies in order to create an inclusive, human-centred future. The real opportunity is to look beyond technology, and find ways to give the greatest number of people the ability to positively impact their families, organisations and communities.

Farid Mheir's insight:

WHY IT MATTERS: the world economic forum provides a trove of useful data and analysis on topics related to the 4th industrial revolution. It provides useful insight into key digital technologies related to that topics as well.

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Kim Flintoff's curator insight, June 4, 5:56 AM
The Fourth Industrial Revolution is about more than just technology-driven change; it is an opportunity to help everyone, including leaders, policy-makers and people from all income groups and nations, to harness converging technologies in order to create an inclusive, human-centred future. The real opportunity is to look beyond technology, and find ways to give the greatest number of people the ability to positively impact their families, organisations and communities.
Peter Langerbeck's curator insight, June 8, 7:41 AM
We have to keep pace with development. IRL 5.0 is on the door step.
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How Emerging Technologies Are Impacting Industries

How Emerging Technologies Are Impacting Industries | WHY IT MATTERS: Digital Transformation | Scoop.it

This article serves as a briefing on how various industries can strategically utilize emerging technologies in and around the world today. This is not an exhaustive list, but rather an introduction…

Farid Mheir's insight:

WHY IT MATTERS: my digital transformation framework includes such an opportunity matrix to help executives explore what is possible to do with digital technologies. This list can thus be a useful starting point for such exploration.

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The much anticipated Canadian AI Ecosystem 2018 update shows Canada AI corridor and requests for more collaboration @element_AI HT @jfgagne

The much anticipated Canadian AI Ecosystem 2018 update shows Canada AI corridor and requests for more collaboration @element_AI HT @jfgagne | WHY IT MATTERS: Digital Transformation | Scoop.it

Welcome to the now “annual” Canadian AI Ecosystem Map. What a year it’s been. The point of creating this map was to emphasize that the strength lies in the Canadian AI Ecosystem, as opposed to just one city’s. This year, we’ve seen ties strengthen, but also some weaknesses exposed. What I see now is a corridor of cities, each remarkable in their own right, coming together into a cohesive form that is comparable in size and influence with the US East Coast or Paris and London.

Farid Mheir's insight:

WHY IT MATTERS: AI is moving at the speed of light it seems and this short post with accompanying full report is a must read to stay in touch with the state of AI in Canada.

See full report here: http://www.jfgagne.ai/canadian-ai-ecosystem-2018-en 

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Sizing the potential value of AI and advanced analytics shows that Retail industry has the most to gain

Sizing the potential value of AI and advanced analytics shows that Retail industry has the most to gain | WHY IT MATTERS: Digital Transformation | Scoop.it

An analysis of more than 400 use cases across 19 industries and nine business functions highlights the broad use and significant economic potential of advanced AI techniques.

Farid Mheir's insight:

WHY IT MATTERS: many retailers say "AI is not for us, all we have to do is offer great customer service in store and all will be good". This study shows that the impact of AI and analytics will be material for those that adopt it. And may mark the beginning of the end for those that do not embrace this digital transformation.

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#AI is still more art than science & why your project will most likely fail initially: Lessons Learned Reproducing a Deep Reinforcement Learning Paper from Matthew Rahtz HT @gnats

#AI is still more art than science & why your project will most likely fail initially: Lessons Learned Reproducing a Deep Reinforcement Learning Paper from Matthew Rahtz HT @gnats | WHY IT MATTERS: Digital Transformation | Scoop.it

Finally, though, the biggest surprise with this project was just how long it took - and related, the amount of compute resources it needed. The first surprise was in terms of calendar time. My original estimate was that as a side project it would take about 3 months. It actually took around 8 months. (And the original estimate was supposed to be pessimistic!) Some of that was down to underestimating how many hours each stage would take, but a big chunk of the underestimate was failing to anticipate other things coming up outside the project. It’s hard to say how well this generalises, but for side projects, taking your original (already pessimistic) time estimates and doubling them might not be a bad rule-of-thumb.

Farid Mheir's insight:

WHY IT MATTERS: reading about AI these days feels like everybody should be doing it because it is so easy. First, it is not. Second you need lots of data. Third, debugging is a pain. Reading this papers feels just like what we had to fight with in the early days on mainframe computers with punch cards and batch processing. Actually, this may be a good parallel to draw. Moreover, Element.ai estimates that there are only about 10000 people with the right AI skills in the world. Still very early - be warned!

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Curated by Farid Mheir
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