WHY IT MATTERS: Digital Transformation
125.3K views | +5 today
Follow
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
Your new post is loading...
Scooped by Farid Mheir
Scoop.it!

French recipe for #startups to work with large groups on #innovation projects - one sentence rings true: one minute is to a startup what a week is to a large company

French recipe for #startups to work with large groups on #innovation projects - one sentence rings true: one minute is to a startup what a week is to a large company | WHY IT MATTERS: Digital Transformation | Scoop.it

Après plus de deux ans d’accompagnement de nos startups chez la plupart des grands groupes français, j’ai souhaité dresser un premier bilan.

Farid Mheir's insight:

WHY IT MATTERS: it is a great summary of the key success criteria and pitfalls of innovation in large organizations. Must read for any startup or executive in large organization.

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

Successful digital transformations require innovation and the best way to to partner with startups - @McKinsey suggests there are multiple ways to partner and they are right #digitalTransformation ...

Successful digital transformations require innovation and the best way to to partner with startups - @McKinsey suggests there are multiple ways to partner and they are right #digitalTransformation ... | WHY IT MATTERS: Digital Transformation | Scoop.it

Once prospective partners in the ecosystem have been identified, there are a variety of ways to work with them, ranging from collaborations that involve a limited financial commitment to outright acquisitions.

Farid Mheir's insight:

WHY IT MATTERS: large organizations are not structured to deliver on the innovation that digital transformations required. Partnering with startups is thus the way to go.

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

50 Hot Consumer Fintech Startups - via @AngelList

50 Hot Consumer Fintech Startups - via @AngelList | WHY IT MATTERS: Digital Transformation | Scoop.it

We've compiled a collection of the best startups committed to revolutionizing finance, help anybody build a nest egg, get better student loans or rental insurance, invest in non-traditional products like startups or classic cars, or just save some money.

Farid Mheir's insight:

WHY IT MATTERS: always good to keep those guys on our digital transformation strategy radar...

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

50 is the new 30 for successful #startups - Research shows older entrepreneurs are likely to be more successful: is it a sign that my #timeHasCome?

50 is the new 30 for successful #startups - Research shows older entrepreneurs are likely to be more successful: is it a sign that my #timeHasCome? | WHY IT MATTERS: Digital Transformation | Scoop.it

Silicon Valley may favor the young, but technology's romantic idea of the youthful, enterprising entrepreneur may be off by about 20 years, according to a new study.

Farid Mheir's insight:

WHY IT MATTERS: I am 53. I had a startup that failed when I was 30. I guess it is time for me to get back on the startup trail? ;-)

more...
Shepherd Matsongoni's curator insight, June 30, 1:57 PM
Do not lose hope just because you made one mistake and you're only 24. You have a lifetime of possibilities.
 
Scooped by Farid Mheir
Scoop.it!

Market Map: 30+ Bike and Scooter Tech Startups Reshaping Mobility

Market Map: 30+ Bike and Scooter Tech Startups Reshaping Mobility | WHY IT MATTERS: Digital Transformation | Scoop.it

Investors are pouring record-setting levels of capital into bike and scooter technology. We map out 30+ startups innovating in the bike and scooter space through shared networks, vehicle design, and charging infrastructure.

Farid Mheir's insight:

WHY IT MATTERS: infusing bikes with technology may provide a solution to traffic, congestions - and the last mile of online ecommerce logistics. I recently saw a French startup (not in this list) that created a electric powered delivery trailer that you can effortlessly drag with a bike, making short-distance city delivery of packages a reality. Lots of potential. http://www.k-ryole.com/ 

more...
Scooped by Farid Mheir
Scoop.it!

#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.

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

eCommerce leader @Cdiscount opens 3000sq.ft. warehouse to let #startups innovate & disrupt #innovation #digital #disruption #agile @bastienginer

eCommerce leader @Cdiscount opens 3000sq.ft. warehouse to let #startups innovate & disrupt #innovation #digital #disruption #agile @bastienginer | WHY IT MATTERS: Digital Transformation | Scoop.it

The Warehouse est le premier entrepôt destiné aux startups pour créer la supply chain du futur. Créé par Cdiscount, ce lieu d’innovation propose un programme d’accompagnement de 6 mois, alliant à la fois du mentoring pour challenger la stratégie des startups, mais également des ateliers de codesign avec les utilisateurs experts de leur métier, afin de contextualiser les solutions logistiques des startups sélectionnées.

Farid Mheir's insight:

WHY IT MATTERS: we all say companies must innovate but often they struggle because of internal operational constraints - after all they have a business to run and cannot disrupt their operations to try things out. That is why such an experiment by CDiscount is so important: they have created both a *place* where startups can do their things and a *process* for them not worry if they break something. Can't wait to see the results of that - but I guess it can only be positive, how can it not be?

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

Engineering Growth Framework provides a tool to measure and reward progress in people skills @Medium

Engineering Growth Framework provides a tool to measure and reward progress in people skills @Medium | WHY IT MATTERS: Digital Transformation | Scoop.it

In late August we rolled out our Growth Framework, a set of documents and tools that described what we value at Medium, how to progress, and how we measure and reward that progress.

Farid Mheir's insight:

WHY IT MATTERS: very useful framework that can be applied in many fields to manage employees in high-demand technical skills such a software engineers. A reference for me in the future.

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

The #AR Landscape shows 6 key areas of investment & applications in many fields

The #AR Landscape shows 6 key areas of investment & applications in many fields | WHY IT MATTERS: Digital Transformation | Scoop.it

2016 was a critical year for augmented reality with new device announcements, major acquisitions and massive adoption by consumers and enterprises alike. There is no doubt that AR is the next wave of computing with all of the major players, from Microsoft and Google, to Facebook and Apple, confirming their commitment to this tech.

Farid Mheir's insight:

WHY IT MATTERS: we will see an explosion of augmented reality solution in the near future with large players investing heavily to make this technology pervasive across mobile devices and systems. This landscape is most interesting as it shows that AR applications span many fields and industries, from retail to construction. Moreover, the accompanying article on Venture Beat highlights 6 areas where the technology can be applied: bionic vision, natural interaction, 3Dfying the world, world building, telepresence, and  superintelligence. See here http://bit.ly/2iyndw0  

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

6 #AI-Powered Tools All Entrepreneurs Need to Run Their Business

6 #AI-Powered Tools All Entrepreneurs Need to Run Their Business | WHY IT MATTERS: Digital Transformation | Scoop.it

Artificial intelligence and machine learning technologies are now available to entrepreneurs via a broad range of online tools and applications. AI-powered solutions can help entrepreneurs automate their business communication, generate insights from phone calls, sales and marketing data, create intelligent social media and content strategies, and much more. To help entrepreneurs navigate the expanding ecosystem of business AI solutions, here's a list of six must-have AI tools every entrepreneur should use.

Farid Mheir's insight:

WHY IT MATTERS

AI is more pervasive than we may think, as evidenced by this article reviewing tools that leverage AI to deliver their goods.

more...
tavaresandro's curator insight, September 30, 2017 6:09 PM

WHY IT MATTERS

AI is more pervasive than we may think, as evidenced by this article reviewing tools that leverage AI to deliver their goods.

Scooped by Farid Mheir
Scoop.it!

Bracing for seven critical changes as fintech matures | McKinsey & Company

Bracing for seven critical changes as fintech matures | McKinsey & Company | WHY IT MATTERS: Digital Transformation | Scoop.it

Fintechs have matured rapidly in recent years, and the industry is entering a new phase of development. With no signs of the industry’s growth abating, its reach is likely to broaden quickly to embrace even newer technologies and offerings, blurring the boundaries now delineating financial services. As the momentum continues, some aspects of fintech are likely to reach into a broad swath of the global economy, much like how digital technologies have become a necessity, rather than an option, for every industry. Understanding the seven features that characterize this new era will allow companies to stake out the most valuable plots in the new landscape.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Fintechs are paving the way for the transformation of a very slow moving industry - the Financial sector. We should all learn from this example in other industries that move slowly, for example grocery.

 

The accompanying report to this article is also full of interesting background information: http://www.mckinsey.com/~/media/mckinsey/industries/financial%20services/our%20insights/bracing%20for%20seven%20critical%20changes%20as%20fintech%20matures/fintechnicolor-the-new-picture-in-finance.ashx 

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

Know Your Industries: 70+ Market Maps Covering Fintech, CPG, Auto Tech, Healthcare, And More

Know Your Industries: 70+ Market Maps Covering Fintech, CPG, Auto Tech, Healthcare, And More | WHY IT MATTERS: Digital Transformation | Scoop.it
Here's a collection of all 71 CB Insights market maps and unbundling/disrupting graphics.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Digital transformation often comes from startup innovations. So maps like those are very good to know where opportunities to improve lie.

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

100+ Tools For Growing Any Startup

100+ Tools For Growing Any Startup | WHY IT MATTERS: Digital Transformation | Scoop.it

Here is the list of 100+ tools which includes human resources management, customer relationship management, schedule a meeting etc. for managing small & medium size business effectively.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Says they are tools for startups but I believe they should be leveraged by companies of all size.

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

Mapped: The Top 263 Companies Racing Toward Self-Driving Cars

Mapped: The Top 263 Companies Racing Toward Self-Driving Cars | WHY IT MATTERS: Digital Transformation | Scoop.it
The stack functions as a mix of shopping list and how-to guide for autonomous cars. Start at the bottom and grab the sensors that will let your car see the world: lidar, cameras, radar. The autonomy bit comes in the middle of the stack because you need more than driving skills to win this game. The top rung goes to the startups with ideas on how to make driverless cars useful, secure, and profitable. That's where you’ll find Uber and Lyft, along with lesser known folks like RideCell, which works with mass transit agencies.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

A great reference for all the activity in the car industry.

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

#AR #VR startups at an all-time high, Facebook & Apple have 1000+ engineers on it #gameOfTitans

#AR #VR startups at an all-time high, Facebook & Apple have 1000+ engineers on it #gameOfTitans | WHY IT MATTERS: Digital Transformation | Scoop.it

AR/VR hype keeps reaching new heights. Funding to AR/VR startups reached an all-time high in deals and dollars last year. Both Facebook and Apple are reputed to have 1000+ engineers working on their respective headset efforts. And PlayStation said its PSVR, a $400 headset released in October, has sold 915k units in just 4 months. Unsurprisingly, startups of all kinds are flocking toward what could be the next major computing platform.

In this webinar we'll delve into:

  • Major startup players in the AR and VR market
  • Investigate new enterprise and industrial use cases for AR/VR
  • Patents being sought by large corporates like Microsoft, Apple, along with startups like Magic Leap
  • Highlight how media companies and movie studios are reacting and driving M&A
Farid Mheir's insight:

WHY THIS IS IMPORTANT

So much money is being invested by so many large companies that it is difficult not to expect great things from AR and VR in the coming years. If you go beyond the hype on gaming gears and being able to watch a virtual TV on the wall, every corporate strategy should include at least evaluations of the technologies to help improve manufacturing, repairs, or other professional activities. 

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

#AI investment is growing and touching every industry

#AI investment is growing and touching every industry | WHY IT MATTERS: Digital Transformation | Scoop.it
The CB Insights artificial intelligence deals tracker looks at top AI deals across industries.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

AI startups funding shows that the investments has been growing steadily in the past 4 years and that every industry will be affected by the technology.

more...
Scooped by Farid Mheir
Scoop.it!

6 Years of Openness shown in Buffer's Transparency Timeline

6 Years of Openness shown in Buffer's Transparency Timeline | WHY IT MATTERS: Digital Transformation | Scoop.it
A timeline of six years of Buffer's transparency – all our triumphs, missteps and experiments.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Startups are truly changing the world and Buffer's transparency experiment has been a leader in this field that I've followed since the beginning. It is great to see it all here in one long timeline. For those that have not tracked this over time this is a great way to catch up!

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

Startup Ecosystem Canvas Montreal

Startup Ecosystem Canvas Montreal | WHY IT MATTERS: Digital Transformation | Scoop.it

Startup ecosystems can be fragmented, competitive, and hidden to newcomers, which is detrimental for local startups and community growth. The Startup Ecosystem Canvas seeks to provide local entrepreneurs with a clear list of resources for every stage of their startup journey, and outline a basic framework for communities to map their ecosystem.

With applications for the Montreal Founder Institute coming to a close, we are excited to release the Montreal Startup Ecosystem Canvas, which is currently in Draft v1 below! It was developed by the Montreal Founder Institute and local leader Sergio Escobar.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

What a great idea: to share in one place all the local Montreal support that startups have access to. I wonder why that has not been done before? Nevertheless, great idea and impressed by the number of resources out there...

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

Analysis 15,000 #startups funding shows 1 in 6 Gets Acquired - all other die via @Crunchbase

Analysis 15,000 #startups funding shows 1 in 6 Gets Acquired - all other die via @Crunchbase | WHY IT MATTERS: Digital Transformation | Scoop.it
Let’s say you randomly selected 1000 seed-stage startups based in the United States. How many of those would go on to raise a Series A? Of companies that go on to raise a Series A, how many would go on to raise a Series B? You could keep this process going until only
Farid Mheir's insight:

WHY THIS IS IMPORTANT

We say one company in a thousand makes it. This study provides hard facts that the numbers are more like 16%.

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

Grocery Store Of The Future: 65 Startups Reimagining Shelf Stocking, Product Promotion, Shopper Tracking, And More

Grocery Store Of The Future: 65 Startups Reimagining Shelf Stocking, Product Promotion, Shopper Tracking, And More | WHY IT MATTERS: Digital Transformation | Scoop.it
The startups in this infographic have raised nearly $1.5B to optimize grocery store operations with AI, virtual reality and more.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Grocery is the last frontier for digital disruption, everyone knows (huge market but late adopter of digital, especially eCommerce see http://sco.lt/8ai7W5 http://sco.lt/6q1Ijx http://sco.lt/8Y94vh ).

But no one knows when exactly they'll get disrupted. Many are betting on eCommerce but from the looks of this report, we may see a lot of changes in our weekly trip to the supermarket, from shelf monitoring to augmented reality.

Then again, grocers are pre-historic in their use of technology because of low margins and a very repetitive shopping experience. We mostly always buy the same products and are looking at our store "experience" to be fast with low prices, not so much fun and experiential (see Amazon GO http://sco.lt/8MTY8X where there is no cash register to slow you down still needs to be cheap http://sco.lt/80HuqX).

So my bets are on the startups that enable faster grocery shopping at a low cost- all others I expect will have a hard time (sorry AR and VR startups...)!

more...
StartupVideoStash's curator insight, May 3, 2017 6:50 AM
Share your insight
Scooped by Farid Mheir
Scoop.it!

E-Commerce Planet without Canada: The Most Well-Funded Private E-Commerce Companies In One Map

E-Commerce Planet without Canada: The Most Well-Funded Private E-Commerce Companies In One Map | WHY IT MATTERS: Digital Transformation | Scoop.it
China tops the US as home to the most e-commerce companies with funding over $100M.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Interesting to see where eCommerce is strong- unsurprising that USA is king, clearly China is not far behind (or ahead?). And Canada is not even on the map.

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

Amazon Strategy Teardown: Building New Business Pillars In AI, Next-Gen Logistics, And Enterprise Cloud Apps

Amazon Strategy Teardown: Building New Business Pillars In AI, Next-Gen Logistics, And Enterprise Cloud Apps | WHY IT MATTERS: Digital Transformation | Scoop.it
Seattle-based Amazon is doubling down on AWS and its AI assistant, Alexa. It's seeking to become the central provider for AI-as-a-service.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Amazon is a beacon in the digital transformation space - part of the famous GAFA acronym - Google Apple Facebook Amazon. This teardown from CBinsights shows that Amazon is way more than the eCommerce retailer we have come to love and rely on so much. The report reviews where Amazon invests and provides unique view into where it may be going. Retailers beware!

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

Why Is Silicon Valley So Awful to Women?

Why Is Silicon Valley So Awful to Women? | WHY IT MATTERS: Digital Transformation | Scoop.it
Tech companies are spending hundreds of millions of dollars to improve conditions for female employees. Here’s why not much has changed—and what might actually work.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Need more diversity. Period.

more...
No comment yet.
Scooped by Farid Mheir
Scoop.it!

50 Companies Leading the Artificial Intelligence Revolution

50 Companies Leading the Artificial Intelligence Revolution | WHY IT MATTERS: Digital Transformation | Scoop.it
A look at the most promising global startups working with artificial intelligence.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

The US is leading the AI revolution, for now. Surprised not to see Montreal in the list...

more...
Magaly Siméon's curator insight, March 7, 2017 1:00 AM

WHY THIS IS IMPORTANT

The US is leading the AI revolution, for now. Surprised not to see Montreal in the list...

Scooped by Farid Mheir
Scoop.it!

The #AI 100 from @cbinsight: will it one day replace the Fortune500? 

The #AI 100 from @cbinsight: will it one day replace the Fortune500?  | WHY IT MATTERS: Digital Transformation | Scoop.it

A ranking of the 100 most promising private artificial intelligence companies.

It is a purely data-driven/algorithmic process that uses CB Insights data. We’ve gathered this data via our
machine learning technology (dubbed The Cruncher) as well as via several thousand direct submissions
from firms and individual professionals using The Editor.
The Company Mosaic page walks through the factors considered in the algorithm in some detail but at a
high level, it considers several factors including:
- Momentum – Considers non-traditional signals including news mentions, sentiment, jobs data/hiring,
social media, web traffic and usage, partnerships, and more.
- Market – Quantifies the health of the sector and industry the company is involved in, including funding,
deals, exit activity, and hiring.
- Money — Assesses financial signals including funding recency and total raised.
- Investor quality – Weighs the quality of the investors participating in deals to the company, judging
investors based on exits, returns, and portfolio quality.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Are we on the eve of an era where the Fortune 500 is replaced by the "AI 100"?

This may be more realistic than you think if the current predictions regarding the future of work push humans to service each other and let all the "work" be done by machines - robots and AI.

We are not there yet and this list merely reports 100 startups that are very active in the field AI. Nevertheless, it is interesting to consider what impact AI may have and adjust our digital strategies accordingly...

Fortune magazine has also created a very interesting infographics from this mountain of data: http://fortune.com/2017/02/23/artificial-intelligence-companies/ 

more...
compressedpiano's comment, February 28, 2017 10:51 PM
Thats stunning...
Curated by Farid Mheir
Digital technology consultant. Register to my free email newsletter: http://fmcs.digital/newsletter-signup/