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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Digital technology is one solution to help the mall business reinvent itself for the digital age via @McKinsey #digitalTransformation #wifi #advancedAnalytics #facialRecognition

Digital technology is one solution to help the mall business reinvent itself for the digital age via @McKinsey #digitalTransformation #wifi #advancedAnalytics #facialRecognition | WHY IT MATTERS: Digital Transformation | Scoop.it

To succeed in the digital age, mall operators will need to instill a culture of fact-based decision making throughout the organization. In addition to implementing advanced-analytics tools, they should invest in collecting more of the valuable data that will inform their business decisions. For instance, they can deploy new technologies (such as beacons, granular Wi-Fi, and facial-recognition cameras) to capture behavioral data. They can launch mallwide loyalty programs to gather individual transaction data and generate insights into the customer journey across the entire mall ecosystem. They can also pursue partnerships with tenants—for instance, by negotiating preferred rents in exchange for data sharing. Armed with robust data and advanced analytics tools, malls have the potential to revitalize and revolutionize not just their own business performance but that of the rest of the retail industry as well.

Farid Mheir's insight:

WHY IT MATTERS: mall owners - and other large property space owners such as cities - should invest in technology that they can resell or leverage to be more effective and valuable to their retail tenants. The article explains some ways to do it.

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For Owners of Amazon's Ring Security Cameras, Strangers May Have Been Watching #AI #facialRecognition #privacy

For Owners of Amazon's Ring Security Cameras, Strangers May Have Been Watching #AI #facialRecognition #privacy | WHY IT MATTERS: Digital Transformation | Scoop.it
Sources disclosed troubling privacy practices at a Ring office in Ukraine.
Farid Mheir's insight:

WHY IT MATTERS: this article explains how and why security companies must rely on humans to teach computers how to do object recognition on security camera feeds. This may lead to privacy concerns until such time that camera video feeds are encrypted and access to the data controlled. Today, neither is done.

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5 areas where #AI can be applied in organizations today via @Altimeter

5 areas where #AI can be applied in organizations today via @Altimeter | WHY IT MATTERS: Digital Transformation | Scoop.it

This report lays out a maturity model for AI adoption in the enterprise. It outlines five stages of AI maturity based on how organizations approach business strategy, data science, product and service design, organization and culture and ethics and governance.

Farid Mheir's insight:

WHY IT MATTERS: AI is transformative because it can solve problems in 5 areas that were previously difficult to apply computer engineering and technologies before the advent of AI.

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The AI Maturity Playbook: Five Pillars of Enterprise Success via @Altimeter #AI

The AI Maturity Playbook: Five Pillars of Enterprise Success via @Altimeter #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

This report lays out a maturity model for AI adoption in the enterprise. It outlines five stages of AI maturity based on how organizations approach business strategy, data science, product and service design, organization and culture and ethics and governance.

Farid Mheir's insight:

WHY IT MATTERS: a great reference to understand how and where to leverage AI in organizations.

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Threat Intelligence Framework and Handbook by @RecordedFuture provides amazing framework to structure your security data gathering, processing and response #CIO #cybersecurity

Threat Intelligence Framework and Handbook by @RecordedFuture provides amazing framework to structure your security data gathering, processing and response #CIO #cybersecurity | WHY IT MATTERS: Digital Transformation | Scoop.it

This infographic breaks down the chapters of our new handbook by security roles to show how each role can identify risks faster and more accurately.

Farid Mheir's insight:

WHY IT MATTERS: this book provides a wealth of insights to help your IT team craft a proper threat intelligence strategy and organization.

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4 use case for Image Recognition in Product and Shelf Monitoring and Analysis via @DZone #AI

4 use case for Image Recognition in Product and Shelf Monitoring and Analysis via @DZone #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

Explore how image recognition can be implemented by retail and CPG companies, such as auditing product placement and category analysis.

Farid Mheir's insight:

WHY IT MATTERS: you will see AI enhancing tools in retail to sell better and improve margins. This article presents 4 use case already being deployed.

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New year resolution: change your passwords - or better yet, start using a Password Manager via @SheHacksPurple #security #passwords #newYearResolution

New year resolution: change your passwords - or better yet, start using a Password Manager via @SheHacksPurple #security #passwords #newYearResolution | WHY IT MATTERS: Digital Transformation | Scoop.it

Passwords are awful. The software security industry expects us to remember 100+ passwords, that are complex (variations of upper & lowercase, numbers and special characters), that are supposed to be changed every 3 months, with each one being unique. Obviously this is impossible for most people, and for those whom it is possible, why would they want to waste all of that brain power on something that is, essentially, meaningless?

*** This article is for beginners in security or other IT folk, not experts.

Farid Mheir's insight:

WHY IT MATTERS: I wrote about it so much in the past but have not recently. I find new year resolution to be the best time to start good new habits. Here this article provides reasons why you should start using password manager tools, and provides a list to help you get started. Now, GO!

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theclickfit's comment, January 6, 5:22 PM
https://www.theclickfit.com/pro-testosterone/
speedtrafikk's comment, January 7, 10:03 AM
interest
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How enterprise architects can help ensure success with digital transformations is actually a very sad statement about the value that EA groups bring to organizations via @McKinsey HT @daniellambert07

How enterprise architects can help ensure success with digital transformations is actually a very sad statement about the value that EA groups bring to organizations via @McKinsey HT @daniellambert07 | WHY IT MATTERS: Digital Transformation | Scoop.it

Digital transformations are, by their very nature, complex. There are multiple moving parts, integrated processes and technologies, and the need for expertise that cannot already be found in the company. In most firms, however, there is a small cadre of technology professionals who can impose relative order on the proceedings. CEOs and CIOs should consider the benefits of pulling enterprise architects closer to the center: bringing them to the table with business leaders, devising metrics that reveal the value of their work, and creating the type of incentives that will challenge them and prompt them to stay for the long term. Such an approach is critical not just for limiting risk and protecting against the potential challenges and downsides of digital transformations but also for ensuring a clear upside—a close and lasting partnership between the business and IT.

Farid Mheir's insight:

WHY IT MATTERS: I've practiced enterprise architecture since I learned from the best at Capgemini back in 2003. Although the concept and the tools are great, and I use them daily, I find the EA groups in large organizations is quite shameful. This article provides insights into what EA groups can bring. If only the architects could step down from their throne to deliver something useful to their organizations, as suggested here...

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speedtrafikk's comment, January 7, 10:03 AM
excellent
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How a #driverless car sees the road can have application way beyond cars on the road @TED #video #AI

Statistically, the least reliable part of the car is ... the driver. Chris Urmson heads up Google's driverless car program, one of several efforts to remove humans from the driver's seat. He talks about where his program is right now, and shares fascinating footage that shows how the car sees the road and makes autonomous decisions about what to do next.

Farid Mheir's insight:

WHY IT MATTERS: great visual explanation of how driverless cars see the world. Applications of this technology are endless in business: self driving wheelbarrows on shop floors or construction sites, worker safety warning systems in dangerous environments, package delivery system in hospitals, etc. Content starts at 7m30s approximately

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Nguyễn Hiển's comment, January 4, 1:12 AM
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Retailers Embrace Payment Apps to Sidestep $90 Billion in Swipe Fees via @Bloomberg

Retailers Embrace Payment Apps to Sidestep $90 Billion in Swipe Fees via @Bloomberg | WHY IT MATTERS: Digital Transformation | Scoop.it

Cumberland Farms is a prime example of this approach. Drivers who fill up at one of the privately held chain’s gas stations can save 10 cents a gallon if they sign up for its SmartPay app, which connects directly to their bank account and is much like paying utility bills or rent. The company says its users have saved more than $100 million by using the SmartPay app.

Farid Mheir's insight:

WHY IT MATTERS: the electronic payment apps can save huge amounts for retailers, and it is a loyalty card at same time. Made popular by Starbucks payment apps which now accounts for 14% of all transactions, it is a wonder why not more retailers adopt it. The reason probably is that it requires internal systems to be upgraded which is often a very difficult thing to do.

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How to setup a Facebook messenger #Chatbot by comparing 2 solution leaders (ManyChat vs. Chatfuel) shows what is possible, easy and difficult - great #showdown by @Zapier

How to setup a Facebook messenger #Chatbot by comparing 2 solution leaders (ManyChat vs. Chatfuel) shows what is possible, easy and difficult - great #showdown by @Zapier | WHY IT MATTERS: Digital Transformation | Scoop.it

Businesses are suddenly very interested in Facebook Messenger bots. And for good reason: Facebook's chat platform now supports over 1.2 billion monthly active users—and automated chatbots, like ManyChat and Chatfuel, provide a unique, interactive way of engaging with them. Chatbots let you have a conversation wit

Farid Mheir's insight:

WHY IT MATTERS: chatbots were all the rage last year, often described as a silver bullet to solve all kinds of problems easilly. Now they have become one more solution in the digital transformation arsenal, with PROs and CONs. This post describes the process to setup and configure two popular tools and in the process highlight their capabilities and shortcomings.

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What's hot in #digital #commerce by Gartner highlights unified commerce, #technology-enhanced experience, new business models, #AI and #personalization

What's hot in #digital #commerce by Gartner highlights unified commerce, #technology-enhanced experience, new business models, #AI and #personalization | WHY IT MATTERS: Digital Transformation | Scoop.it

Key Findings:

  1. A multimodal experience that incorporates conversational and visual interfaces has a bigger impact on the conversion funnel than any single mode.
  2. Unified commerce across channels and throughout the customer purchase journey offers the flexibility and consistency to deliver a superior customer experience.
  3. Business models such as subscription, thing commerce and enterprise marketplaces help organizations move toward digital business via new ways of doing business and/or facilitating digital platforms.
  4. API-oriented architecture, artificial intelligence (AI), personalization engines and product configurators are key technologies and architecture that enable compelling customer experience and digital business models.
Farid Mheir's insight:

WHY IT MATTERS: always good to know when looking ahead to the year to come, planning digital budgets and strategy.

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Top Shopping Trends Of 2018: Retail Experts Share What To Watch For Next Year

Top Shopping Trends Of 2018: Retail Experts Share What To Watch For Next Year | WHY IT MATTERS: Digital Transformation | Scoop.it

The Forbes.com retail contributor team shares predictions for the greatest challenges and opportunities in the retail space next year. "Retail success in 2018 will be about how well retailers adapt to the changing market around them. Evolving well will be the key to success," says Rupa Ganatra.

Farid Mheir's insight:

WHY IT MATTERS: looking back over this year, they were right: technology has had a huge impact on retail in 2018.

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Laura Féron's curator insight, December 29, 2018 4:55 PM

WHY IT MATTERS: looking back over this year, they were right: technology has had a huge impact on retail in 2018.

MD Khirul Islam's comment, January 1, 6:41 AM
https://clippingpathstar.com/
Manjeet Singh's comment, January 15, 10:03 AM
https://www.fiverr.com/manjeet21/website-analysis-technical-audit-and-on-page
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Textile industry will also be disrupted: Automatic Machine Knitting of 3D Meshes

Textile industry will also be disrupted: Automatic Machine Knitting of 3D Meshes | WHY IT MATTERS: Digital Transformation | Scoop.it

We present the first computational approach that can transform 3D meshes, created by traditional modeling programs, directly into instructions for a computer-controlled knitting machine. Knitting machines are able to robustly and repeatably form knitted 3D surfaces from yarn, but have many constraints on what they can fabricate. Given user-defined starting and ending points on an input mesh, our system incrementally builds a helix-free, quad-dominant mesh with uniform edge lengths, runs a tracing procedure over this mesh to generate a knitting path, and schedules the knitting instructions for this path in a way that is compatible with machine constraints. We demonstrate our approach on a wide range of 3D meshes.

Farid Mheir's insight:

WHY IT MATTERS: cool to see people improving old industries such as the textile industry.

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eGrimesDirect's curator insight, December 27, 2018 1:16 PM
Dare I say “Quick as a bunny?’” Sorry but this IS amazing.
MD Khirul Islam's comment, January 1, 6:42 AM
https://clippingpathstar.com/
Maciej Hoffmann's curator insight, January 10, 9:39 AM
Knitting of 3D Meshes, this can make some noise in Textile industry
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The State Of IoT Intelligence - a report full of data on this new technology trend

The State Of IoT Intelligence - a report full of data on this new technology trend | WHY IT MATTERS: Digital Transformation | Scoop.it
  • Sales, Marketing and Operations are most active early adopters of IoT today.
  • Early adopters most often initiate pilots to drive revenue and gain operational efficiencies faster than anticipated.
  • 32% of enterprises are investing in IoT, and 48% are planning to in 2019.
  • IoT early adopters lead their industries in advanced and predictive analytics adoption.
Farid Mheir's insight:

WHY IT MATTERS: IOT is a key technology trend but as this survey shows its penetration remains small - and thus the future looks good.

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Riddhima Building's comment, December 26, 2018 11:06 AM
#RevolutionOfPreEngineeredBuildingshttps://bit.ly/2V9l3lo
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Innovation in Retail is difficult to define and hard to come by but has become driven by technology that you don't see: the internet of things #IOT #retail

Innovation in Retail is difficult to define and hard to come by but has become driven by technology that you don't see: the internet of things #IOT #retail | WHY IT MATTERS: Digital Transformation | Scoop.it

Here’s a look at how the forces of IoT tech and data collection are already shaking the retail world, even as consumer activity becomes folded into the overall smart city experience.

Farid Mheir's insight:

WHY IT MATTERS: when Forbes starts to investigate a topic then it often means it is top of mind to its readers. This article provides isights into what is being deployed in retail stores using internet of things technologies.

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How to approach digital transformation: the 4-E framework from @Bosch Innovation group

How to approach digital transformation: the 4-E framework from @Bosch Innovation group | WHY IT MATTERS: Digital Transformation | Scoop.it

To support this process we have developed a comprehensive framework that combines four clusters of enablers for digital transformation (shown in the figure below). The “4E-Framework” gives companies a structured approach to analyze and build capabilities that position their business in a rapidly changing commercial environment. In practice, this framework enables companies to focus activities and resources on key strategic areas, and to measure the results.

Farid Mheir's insight:

WHY IT MATTERS: a framework developed by IOT pioneers Bosch Innovation.

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Vezta & Co.'s curator insight, December 22, 2018 9:06 PM

WHY IT MATTERS: a framework developed by IOT pioneers Bosch Innovation.

joneson's comment, December 23, 2018 10:19 AM
Transformer:https://www.newbecca.com/product/category/50066200
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What is the difference between Journey Mapping and Journey Analytics : this eBook provides some answers #customerJourney #CX #Marketing

What is the difference between Journey Mapping and Journey Analytics : this eBook provides some answers #customerJourney #CX #Marketing | WHY IT MATTERS: Digital Transformation | Scoop.it

But what is the difference between journey mapping and journey analytics, and how can they be leveraged effectively to drive optimal results? Get all the details in this informative, complimentary eBook. You'll learn:

  1. What customer journey mapping is and its benefits and pitfalls
  2. 5 key differences between journey mapping and journey analytics
  3. How to use journey mapping and journey analytics together for maximum impact
Farid Mheir's insight:

WHY IT MATTERS: this short book provides information to make sense of a new kind of tool that marketers should add to their arsenal: customer journey analytics platforms.

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New report on the top Product Information Management solutions - 2018 Forrester Wave PIM Report

New report on the top Product Information Management solutions - 2018 Forrester Wave PIM Report | WHY IT MATTERS: Digital Transformation | Scoop.it

In our 27-criteria evaluation of product information management (PIM) providers, we identified the 10 most significant ones — Agility Multichannel, Contentserv, EnterWorks, IBM, Informatica, inRiver, Riversand, Salsify, SAP, and Stibo Systems — and researched, analyzed, and scored them. This report shows how each provider measures up and helps digital business professionals make the right choice.

Farid Mheir's insight:

WHY IT MATTERS: a recent review of the top PIM solutions.

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Product Information Management is at the center of the Customer experience journey, placing even more pressure on back-office solutions - 2018 Forrester Wave PIM Report

Product Information Management is at the center of the Customer experience journey, placing even more pressure on back-office solutions - 2018 Forrester Wave PIM Report | WHY IT MATTERS: Digital Transformation | Scoop.it

The Salsify product experience management (PXM) platform combines the power of product content management, which includes product information management and digital asset management capabilities, alongside a broad commerce ecosystem, and actionable insights — empowering brands to deliver compelling shopping experiences for consumers across every digital touchpoint.

Farid Mheir's insight:

WHY IT MATTERS: used to be that a PIM was a nice to have solution. Not anymore.

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Business applications of Augmented Reality are taking shape: here the light Guide System PRO that I saw at CES2018 is now a commercial reality #AR 

Business applications of Augmented Reality are taking shape: here the light Guide System PRO that I saw at CES2018 is now a commercial reality #AR  | WHY IT MATTERS: Digital Transformation | Scoop.it

Light Guide Systems, an augmented reality tool that is transforming manual assembly and manufacturing processes for companies worldwide, is working with HP Inc., to launch a new technology tool—Light Guide Systems PRO. Utilizing the immersive computing platform Sprout PRO by HP, Light Guide Systems PRO modernizes manual assembly processes in commercial and education applications.

Introducing the Light Guide PRO™

Light Guide Systems helps reduce errors and radically improves manufacturing assembly processes by projecting directly onto a predefined and established operating “canvas” designed for small parts while providing audio and visual prompts, guidance, pacing and direction. Light Guide Systems PRO™ takes the tool to the next level by incorporating its proprietary software into the powerful yet compact Sprout PRO PC platform to deliver a clean and compact package that is portable, flexible and affordable.

Farid Mheir's insight:

WHY IT MATTERS: augmented reality has yet to make its way from gadget of pokemon GO to commercial and business settings. This product recently announced is part of this new generation of systems that use AR to improve manufacturing, quality, efficiency and training. A short video and more picture will give you ideas of what it can do.

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Subcutaneous Fitbits? These cows are modeling the tracking technology of the future

Subcutaneous Fitbits? These cows are modeling the tracking technology of the future | WHY IT MATTERS: Digital Transformation | Scoop.it

Livestock Labs is getting bio-monitors under cows’ skin in hopes of helping farmers spot disease earlier, and it wants to bring its tech to people, too.

Farid Mheir's insight:

WHY IT MATTERS: we often think of fitbits as gadgets. They are but are also paving the way for future products that have huge potential.

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Humzee Malik's comment, December 9, 2018 10:16 PM
Here you will get to know about Michael Bloomberg Life story, His Life Style, and how he get awards and honor.
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Forrester Wave Report on Customer Journey Analytics Platforms #customerJourney #CX #Marketing

Forrester Wave Report on Customer Journey Analytics Platforms #customerJourney #CX #Marketing | WHY IT MATTERS: Digital Transformation | Scoop.it

This report from leading global research and advisory firm, Forrester, identifies the 12 most significant customer journey analytics platform providers today, and reveals how each measures up based on 26 different evaluation criteria, to help you make the right choice for your organization. You'll get a complete overview of the current customer journey analytics market, including:

  • The two primary journey analytics provider categories, visioning and orchestration, and four core capabilities: (1) data fusion, (2) journey design & planning, (3) journey testing & optimization, and (4) journey automation & orchestration
  • The 2018 Forrester Wave Journey Visioning Platform rankings and scorecard
  • A breakdown of each journey analytics provider’s offering, strengths, specialties, and customer base
  • Key criteria that helps leaders stand out from the pack
Farid Mheir's insight:

WHY IT MATTERS : this is a new category of products that I was unaware of before now. With the importance of customer centricity in the digital transformation, I expect these tools to be very useful in large organizations.

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La déclaration de Montréal sur l'Intelligence artificielle via @LePoint #mustRead #inFrench

La déclaration de Montréal sur l'Intelligence artificielle via @LePoint #mustRead #inFrench | WHY IT MATTERS: Digital Transformation | Scoop.it

« Dans tous les domaines où une décision affecte la vie, la décision finale devrait revenir à un être humain »

Cette semaine, qui verra également une réunion du G7, sera aussi l'occasion de la présentation d'un texte historique, la « Déclaration de Montréal » que nous publions ci-dessous en exclusivité. Signée par plusieurs chercheurs éminents comme Yoshua Bengio, professeur à l'université de Montréal, Joëlle Pineau, professeure agrégée en sciences des données à l'université McGill, ou encore Marc-Antoine Dilhac, professeur au département de philosophie de l'université de Montréal, elle dresse une liste de principes pour encadrer les recherches en intelligence artificielle.

Farid Mheir's insight:

WHY IT MATTERS: this is a major effort by AI leaders. Most interesting when you read it backwards, it sheds light on what is possible or will soon be possible by AI algorithms. Must read.

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Richard Bedoya's curator insight, December 6, 2018 2:38 AM
UH 60 el poder de los cielos
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Technology Roadmap for scale.ai #Canada's supply chain #AI effort #supplyChain

Technology Roadmap for scale.ai #Canada's supply chain #AI effort #supplyChain | WHY IT MATTERS: Digital Transformation | Scoop.it

In the short term, SCALE AI will adopt and scale existing supply chain (SC) solutions implemented by members to drive immediate benefits.

SCALE AI will identify SC challenges and needs, agree on core requirements and drive towards common standards and processes. Moreover, it will encourage SC/AI/digital providers to collaborate, extend existing AI-based offerings, and share data. This will result in facilitated connections between supply chain users and SC/AI/digital providers to accelerate adoption of existing solutions.

Farid Mheir's insight:

WHY IT MATTERS: the website provides a number of use case and examples of the use of AI in supply chain, along with a very comprehensive framework to put the pieces together.

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Vezta & Co.'s curator insight, December 5, 2018 5:16 PM

WHY IT MATTERS: the website provides a number of use case and examples of the use of AI in supply chain, along with a very comprehensive framework to put the pieces together.

Curated by Farid Mheir
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