Digital Transformation of Businesses
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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. Register to get the monthly newsletter here: http://fmcs.digital/newsletter-signup/
Curated by Farid Mheir
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Mobileye says Tesla auto braking tech wasn’t designed for scenario behind fatal crash

Mobileye says Tesla auto braking tech wasn’t designed for scenario behind fatal crash | Digital Transformation of Businesses | Scoop.it
Following yesterday’s news of the NHTSA’s investigation into a fatal crash involving a Tesla Model S, Mobileye, the Israeli technology company helping..
Farid Mheir's insight:

Fatal car crash of a Tesla on highway using automated driving mode. The post provides some information about the crash, which appears to be due to a condition that was never programmed into the system (side hit).

 

WHY THIS IS IMPORTANT

Autonomous vehicles will become more and more popular in the future and this event reminds us of the complexities involved. We are very early in this field and much like aviation there should be formal investigations and corrective actions taken when such crash occur so that all manufacturers can learn from crashes. This calls for an international database of car crashes and there should be mandatory requirements for new self-driving systems to "pass" the exam ie. to ensure they all react correctly to previously seen car crashes and other incidents. 

 

This thus becomes an opportunity to learn from the global past experience of millions of drivers and billions of kilometers driven in all conditions, across all countries. I am not aware of such a central database but would expect it to become a reality if we want autonomous driving to be a transformation beyond what we have today: each driver learning for themselve.

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Transitioning to standard software: 5 key lessons from ERP pioneers via @McKinsey

Transitioning to standard software: 5 key lessons from ERP pioneers via @McKinsey | Digital Transformation of Businesses | Scoop.it
Standard software would appear to be an imperative for insurers, but the time and money required to make the change are limited. The software-vendor market is emerging, but the track record is scanty. Standardization is not a panacea, of course, and every insurer has to find its own way through this rocky terrain, but core-system-replacement lessons from the manufacturing and production industries could make the journey shorter and significantly reduce the risks.
Farid Mheir's insight:

For my friends in the insurance industry that are making the transition to packaged software, they may find confort in the following paper from McKinsey. The lessons learned and the 5 principles they highlight are good but do not provide a silver bullet or quick fix: you are in for a long and difficult transformation. Sorry...

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How Insurers Can Seize the Opportunities Offered by Digital - Accenture

How Insurers Can Seize the Opportunities Offered by Digital - Accenture | Digital Transformation of Businesses | Scoop.it
Research shows how insurers are rising to the digital innovation challenge—and how to improve their performance.
Farid Mheir's insight:

Tons of data gathered from chief digital officers in the insurance sector.

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Insurance industry digital transformation is slow in France

Avec trois à sept contacts par an, dont un seul via Internet, les relations entre assurés et assureurs sont loin d'être aussi « digitales » qu'elles peuvent l'être avec les banquiers ou les acteurs de la téléphonie mobile et du Web. Néanmoins, la transformation digitale est bien là. Pour en mesurer l'état d'avancement, l'Argus de l'assurance a organisé une table ronde, en collaboration avec Exton Consulting. Échanges fructueux et analyses poussées. Nos six invités ont livré leur vision de cette révolution et évoqué les freins rencontrés.


Via DEMARLE chris, Renaud Finaz
Farid Mheir's insight:

The French insurance industry appears to be slow to adopt digital processes, and even slower to transform its processes. From the panel discussion we can extract the useful nuggets that may apply to other industries as well:

  • legal constraints in France and much of Europe slow down digital transformations. I suspect this may be true for other industries that deal with private aspects of our lives: insurance, finance, HR recruitment, medical, etc.
  • panel members all appear to approach transformation from a "digitization" aspect: converting paper processes to a digital format using web, ipads or electronic signatures. Few discuss process optimizations or true "digital flips". 
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DEMARLE chris's curator insight, February 8, 2013 6:21 AM

Avec trois à sept contacts par an, dont un seul via Internet, les relations entre assurés et assureurs sont loin d'être aussi « digitales » qu'elles peuvent l'être avec les banquiers ou les acteurs de la téléphonie mobile et du Web.

Curated by Farid Mheir
Digital transformation technology consultant. Register to receive my free email newsletter: http://fmcs.digital/newsletter-signup/