WHY IT MATTERS: Digital Transformation
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Chief Digital Officer: Fad or Future? @forrester presents digital ecosystem diagram nicely via @jeanfdeschenes

Chief Digital Officer: Fad or Future? @forrester presents digital ecosystem diagram nicely via @jeanfdeschenes | WHY IT MATTERS: Digital Transformation | Scoop.it
Over the past nine months I’ve been interviewing chief digital officers and senior digital leaders across a variety of industries to gain insight into the emerging role of digital leadership.
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Interesting diagram that shows all the business capabilities that are affected by the digital world.

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VOS ANIMATEURS >'s curator insight, November 22, 2013 2:09 PM

Lecture essentielle pour comprendre quel est le rôle du numérique et quel peut en être l'impact dans les entreprises!

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/
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10 urgent actions to take #today to remain in control of your digital life @fmheir #PrivacyAware 

10 urgent actions to take #today to remain in control of your digital life @fmheir #PrivacyAware  | WHY IT MATTERS: Digital Transformation | Scoop.it

In this post I share 10 urgent actions that must be taken immediately to manage, secure and protect your digital-moi.

Digital-moi is a unique concept that I have developed since 2013, centered on the impact that digital technologies have on our lives and the need to protect our digital self. Read more about it in this introduction post “We all have a digital twin“. This post is a complement to the conference “digital-moi.com: how to manage and protect your digital self“.

Farid Mheir's insight:

This is Data Privacy Weekend and I recommend you take time this Sunday morning to read through the actions in this blog post and put at least once in practice right now - my recommendation is #4

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How Amazon Plans To Use Whole Foods to Dominate the Retail Industry #amazon #grocery

How Amazon Plans To Use Whole Foods to Dominate the Retail Industry #amazon #grocery | WHY IT MATTERS: Digital Transformation | Scoop.it

But with the $13.7 billion acquisition, Amazon had bought itself a real shot at remaking the $800 billion U.S. grocery sector—the last frontier of e-commerce and a massive one at that. Some 20% of retail spending goes toward food, but only 2% of those sales take place on the Internet. “Grocery is the Wild West for online,” says Carrie Bienkowski, the chief marketing officer of online grocer Peapod. “The size of the prize is huge, and it’s growing.”

Farid Mheir's insight:

WHY IT MATTERS: the article is a great review of the reasons why Amazon acquisition of Whole Foods is essential and why grocery eCommerce is the final frontier for the online retailer. Very good recap fo the state of eCommerce today, and its remaining challenges and opportunities.

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State of the Art In Store Sensor Technologies #sensorFusion #storeOfTheFuture via @RetailNext

State of the Art In Store Sensor Technologies #sensorFusion #storeOfTheFuture via @RetailNext | WHY IT MATTERS: Digital Transformation | Scoop.it

With a growing demand from retailers to solve evermore complex problems, retail analytics technologies have grown in sophistication and capabilities, and new sensor fusion is bringing multiple technologies into a single, easy-to-deploy instrument.

Farid Mheir's insight:

WHY IT MATTERS: this webinar provides a very good explanation of different sensors that can be deployed in store, with descriptions of PROS and CONS for each one. Obviously it is specific to the products from RetailNext that provide a sensor-fusion device.

The webinar is available here directly: https://retailnext.net/en/webinar/state-of-the-art-in-store-sensor-technologies-ensuring-technology-works-for-you/?watch=6044&mkt_tok=eyJpIjoiTkRGaVptVmlNMlprT0dReiIsInQiOiJYMVhlR1Q0bUFYSDBhMDhFVkdFTEptK0JiRk1qTXNtXC94bWdOblZ4eWJjdHVuVkpUZDNBWnpzSUREdDA0OTN1MGpjcW9pSkh5d0FQVFAxQnh0SHdablBFUEt3VDArUDRlNGhMS0ZqbVwveFQ3TW9LdnJcL1Ezblo1TXd4aVpKQkc5eiJ9 

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Achieving business impact with data | McKinsey & Company

Achieving business impact with data | McKinsey & Company | WHY IT MATTERS: Digital Transformation | Scoop.it

The best analytics are worth nothing with bad data. The importance of understanding and working on all components of the insights value chain is mission critical.

Farid Mheir's insight:

WHY IT MATTERS: the article offers target improvement metrics for using big data and advanced analytics. Moreover it identifies the different elements required to reach the full potential of data usage within organizations.

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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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Toronto by public transportation — from Point A to anywhere - Description of the Toronto Transit Explorer, a new kind of transit planning solution by Google

Toronto by public transportation — from Point A to anywhere - Description of the Toronto Transit Explorer, a new kind of transit planning solution by Google | WHY IT MATTERS: Digital Transformation | Scoop.it

Toronto Transit Explorer uses public data feeds from 13 transit agencies throughout the Greater Toronto Area to determine travel times, service schedules, and wheelchair accessibility. It pulls data from Toronto’s Open Data Catalogue to generate bike-share trips, provides the option to combine bike-share and transit trips, and calculates personal bike rides depending on your choice of speed (from 10 to 30 kilometers per hour).

Farid Mheir's insight:

WHY IT MATTERS: big data and open data provide insights to discover hidden trends and solutions, here in the context of city transportation.

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10 ways to keep your personal data safe online

10 ways to keep your personal data safe online | WHY IT MATTERS: Digital Transformation | Scoop.it

In the wake of the Facebook and Cambridge Analytica scandal, what happens to our personal data online is (rightly and sensibly) a bigger talking point than ever. The idea that giving our data away is a valid price for using free websites and online services is no longer taken as a given.

Farid Mheir's insight:

WHY IT MATTERS: a number of useful things to know and do...

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Recent IDG survey demonstrates that digital transformation means different things to different people

Recent IDG survey demonstrates that digital transformation means different things to different people | WHY IT MATTERS: Digital Transformation | Scoop.it

Essentially, they identified eight ways people look at it:

  1. Employee productivity. For 52 percent of executives, "becoming a digital business means enabling worker productivity through tools such as mobile, data access and AI-assisted processes."
  2. Data-driven business performance. Close to half, 49 percent, also see digital transformation as "the ability to better manage business performance through data availability and visibility."
  3. Customer experience. "For 46 percent of decision-makers, digital transformation "means meeting customer experience expectations, while 44 percent see it as "understanding customer needs through data collection and analysis."
  4. Mobile capabilities. Another 46 percent see digital transformation as "providing secure, optimized anywhere/anytime access to assets."
  5. Process automaton. At least 37 percent say digital transformation means "digitally modifying business and/or processes ."
  6. Revenue streams. One-third, 33 percent, say digital transformation means developing new digital business/revenue streams.
  7. Product innovation. Another 31 percent see digital transformation as achieving top-line growth through digital product enhancements/new digital products or services.
  8. Supply chain optimization. For more than a quarter of companies surveyed (27 percent), digital transformation means digitizing "the flow of data and information worldwide which enables the movement of goods, services, finance and people."
Farid Mheir's insight:

MATTERS: digital transformation unfortunately has a different meaning for different people. Use the survey results to rapidly determine with your stakeholders what they expect in their specific context.

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Guide to the Digital Transformation Framework to define, price, and plan a #DigitalTransformation

Guide to the Digital Transformation Framework to define, price, and plan a #DigitalTransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

Building on the expanded definition of the term “digital”, we introduce in figure 5 the Digital Transformation Framework (DTF), a frame of reference to guide digital transformations. At a high level, the (DTF) has one foundation layer and three pillars.

Starting from the bottom, the framework has its base rooted in cybersecurity, a critical dimension, given the degree to which the digital world and its underlying economy is consistently under attack. Moving to the top left corner of Figure 5, the first pillar of the frame of reference is defined. It is labeled “Digital theme”, and proposes six key categories to logically organize the levers that organizations can pull to become digital. The second pillar, labeled “Customer Orientation”, suggests that clients, whether internal or externally facing an enterprise, are at the heart of any digital transformation. Finally, the last pillar, labeled “Competency Level”, indicates the level of excellence and efficiency an organization would like to achieve, for a given digital theme, as a possible way to distinguish itself from its competitors. The Competency Level pillar offers three possible distinct values: “Competitive”, “Industry” and “Minimum”, as shown in the diagram below.

Farid Mheir's insight:

WHY IT MATTERS: we are starting to see frameworks and approaches to manage the digital transformation. This is one of them but beware, as most things with Enterprise Architecture related, it can rapidly become confusing as it tries to generalize. Nevertheless, it does suggest interesting ways to address the digital transformation.

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Twitter to All Users: Change Your Password Now! — Krebs on Security

Twitter to All Users: Change Your Password Now! — Krebs on Security | WHY IT MATTERS: Digital Transformation | Scoop.it

Twitter just asked all 300+ million users to reset their passwords, citing the exposure of user passwords via a bug that stored passwords in plain text — without protecting them with any sort of encryption technology that would mask a Twitter user’s true password. The social media giant says it has fixed the bug and that so far its investigation hasn’t turned up any signs of a breach or that anyone misused the information. But if you have a Twitter account, please change your account password now.

Farid Mheir's insight:

WHY IT MATTERS: if you have a twitter account, change your password now. And at the same time review all the apps you have granted access to in twitter and revoke all the access except for those you absolutely need. Just in case...

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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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From Farm To Finished Garment: #Blockchain Is Aiding This Fashion Collection With Transparency from sheep to ssweater

From Farm To Finished Garment: #Blockchain Is Aiding This Fashion Collection With Transparency from sheep to ssweater | WHY IT MATTERS: Digital Transformation | Scoop.it

Designer Martine Jarlgaard has launched a pilot initiative that uses the blockchain to enable both transparency and trust around her collections as part of this week's Copenhagen Fashion Summit. Each garment has a unique digital token, enabling Provenance to verify every step of its production and create a digital history of that information including location data, content and timestamps, all of which is presented to consumers via an interface they can access through their item’s QR code or NFC-enabled label (so that it works on both Apple and Android devices).

Farid Mheir's insight:

WHY IT MATTERS: real-life applications of blockchain for traceability in the retail industry are starting to appear. With a global push towards fair-trade and local sourcing of products, we can expect solutions like this to be part pf every product tag in the future.

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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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Gartner Magic Quadrant for Content Marketing Platforms

Gartner Magic Quadrant for Content Marketing Platforms | WHY IT MATTERS: Digital Transformation | Scoop.it

Marketing leaders must boost the scale, relevance and return on content marketing investments. To meet these needs, content marketing platform vendors are merging editorial planning, content sourcing and analysis capabilities. Use this research to find a CMP that drives efficiency and results.

- By 2020, 90% of brands will practice at least one form of marketing personalization. However, content — not data — will be the bottleneck and primary cause of failure.

- By 2021, the term "content marketing" will be defunct as all marketing content rises to high-quality expectations of attention-limited audiences.

Farid Mheir's insight:

WHY IT MATTERS: marketing departments are often first to embrace digital transformation. Because of that they are more mature than others towards the use of solutions that are specific for digital processes. Case in point: content management. The proliferation of social media platforms, blogs, websites, and other have created a nightmare for marketing resources when it comes time to create, manage, publics and measure the success of their content they publish. Solutions have appeared to help reduce that burden.

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Digital should drive how companies define their product & service features - for ex. the colour of your next car may not be decided on looks alone "How paint jobs can make sensors and autonomous ca...

Digital should drive how companies define their product & service features - for ex. the colour of your next car may not be decided on looks alone "How paint jobs can make sensors and autonomous ca... | WHY IT MATTERS: Digital Transformation | Scoop.it

Customers could, Henry Ford once quipped, have a car in any colour they wanted so long as it was black. In the end consumer choice got the better of him; cars now come in all manner of complexions. Black, nevertheless, remains popular. Despite Ford’s equivocations, none of this has, until recently, presented carmakers with much of a problem. That is changing because, besides absorbing sunlight, dark shades also tend to absorb much of the signal transmitted from the increasing number of sensors being fitted to vehicles.

Farid Mheir's insight:

WHY IT MATTERS: digital transformation is such a hot topic today because it impacts every business function, from design to production to customer service. This article presents a very good example of such impact: car paint has to adapt (transform) to support the needs of digital technology. Maybe a future automobile selling point will become: "Buy this extra 750$ car paint so that you can be safer on the road, maximize visibility from other drivers, robots and self-driving cars!" Who knows...

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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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10 digital transformation must-reads from @HBR

10 digital transformation must-reads from @HBR | WHY IT MATTERS: Digital Transformation | Scoop.it

Some IT leaders are growing weary of the phrase “digital transformation.” Find here 10 articles on the subject to help grasp some wisdom:

1. How Landauer CIO built a revenue-generating mindset in IT

2. SunTrust CIO's formula for speed relies on cloud, DevOps

3. Increasing IT’s speed: 3 levers CIOs can use

4. Teaching IT to embrace change: 9 execs share advice

5. Matson CIO: The most painful, gut-wrenching part of leading transformation

6. How hybrid cloud aids digital transformation

7. Budgeting smarts for digital transformation: 4 tips

8. Digital transformation: 3 strategies to manage change

9. Digital transformation: 5 principles for the retail industry

10. What absolutely won’t work when it comes to digital transformation

Farid Mheir's insight:

WHY IT MATTERS: a collection of articles on digital transformation by CIOs. Their insight is interesting because they have been at the forefront of the transformation from day one and have to have a cross-functional view of the organization, making their insights even more global and wide-ranging.

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laptop repair dubai's curator insight, April 23, 8:40 AM
digital transformation are more important.many digital activitties can happen and achive new high.many innovation are related with digital transformation.we are provided https://urbanclap.ae/ and do best technique.
Charls Champ's comment, May 25, 7:17 PM
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Video on How Instagram Is Blocking Trolls Using AI shows why it is so different than other social media platforms via @WIRED

Farid Mheir's insight:

WHY IT MATTERS: we've seen with recent Facebook meltdown how social media can become a free for all. This 15min video tries to explain what instagram is doing to prevent some of the most annoying elements of un controlled networks: trolls.

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Google has way more experience driving a car than I do: Waymo reaches 5 million self-driven miles

Google has way more experience driving a car than I do: Waymo reaches 5 million self-driven miles | WHY IT MATTERS: Digital Transformation | Scoop.it

This experience combines footage and real-time data from a trip around Metro Phoenix, Arizona in one of our Chrysler Pacifica hybrid minivans. It puts you at the very heart of the technology, letting you see through the “eyes” of our state-of-the-art sensors, including LiDAR, radar, and cameras. It brings to life how Waymo sees the world around it, recognizes objects like cars and pedestrians, predicts what those things will do, and then plans a safe path ahead.

Farid Mheir's insight:

WHY IT MATTERS: I've been reporting on this since 2013 and thought useful to share that Google waymo is now actively self-driving cars in the Phoenix area. Today. Wow. Just follow the links to see what it feels like to ride a self-driving car in 360 degrees.

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Learn #Blockchain in 2 Months - great program for those that is serious about using blockchain via @sirajraval

Blockchain technology is hot right now! I've devised a 2 month study plan to help you learn how blockchains and cryptocurrency works. This is the kind of curriculum I'd create for myself to learn, but I'm open sourcing it for you guys since I love you. We'll start with cryptography, move on to Bitcoin, then Ethereum, other cryptos, and finally Decentralized Applications.

Curriculum for this video: https://github.com/llSourcell/Learn_Blockchain_in_2_months 

Farid Mheir's insight:

WHY IT MATTERS: hearing so many people asking what is blockchain, I thought to share this to show that 1) it requires many new concepts and fundamentals 2) it can be done if you have the right mindset!

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What will future jobs look like? 15min #video by #MIT Andrew McAfee explains why digital transformation guaranteed minimum income

Economist Andrew McAfee suggests that, yes, probably, droids will take our jobs -- or at least the kinds of jobs we know now. In this far-seeing talk, he thinks through what future jobs might look like, and how to educate coming generations to hold them.

Farid Mheir's insight:

WHY IT MATTERS: it is amazing how much foresight there is in this 2013 presentation - it may explain Trump's election but what does it mean for the near future if we do not have a more social oriented society.

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MkFlo's curator insight, April 20, 6:54 AM
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From AR to robots, we're finally getting the store of the future

From AR to robots, we're finally getting the store of the future | WHY IT MATTERS: Digital Transformation | Scoop.it

We've been promised the store of the future for years. And now retailers are starting to take the idea seriously

Farid Mheir's insight:

WHY IT MATTERS: another great article on what the store of the future may look like.

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expresshomebuyers's comment, April 19, 2:31 AM
thnks
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Imagining the Retail Store of the Future - The New York Times

Imagining the Retail Store of the Future - The New York Times | WHY IT MATTERS: Digital Transformation | Scoop.it
Will it have robots? No checkout counters? Virtual fitting rooms? Almost anything seems possible.
Farid Mheir's insight:

WHY IT MATTERS: retail store are here to stay but they will transform - here is a glimpse into what may be around the corner.

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This #AgTech #Startup Just Built A Coinstar For Coffee #blockchain #traceability - this tech has huge potential as it can reduce the number of food products that are recalled via @qz

This #AgTech #Startup Just Built A Coinstar For Coffee #blockchain #traceability - this tech has huge potential as it can reduce the number of food products that are recalled via @qz | WHY IT MATTERS: Digital Transformation | Scoop.it

Tech startup Bext360 has built a Coinstar-like device to grade coffee beans and pay the farmer for them right away.

Farid Mheir's insight:

WHY IT MATTERS: this is a concrete example of a use case for blockchain that shows it is now possible to trace the products from source to consumer. Blockchain technology provides a "distributed" system that can be "trusted". Why is this important? recently the US FDA has recalled 207M eggs due to salmonella: with proper traceability this number could have been much much lower: https://qz.com/1252939/egg-salmonella-recall-how-to-tell-if-a-specific-carton-is-affected/ 

That is why Starbucks is also considering similar technologies as explained here: https://www.wsj.com/articles/bringing-blockchain-to-the-coffee-cup-1523797205 

 

For more on the technology, see the video and explanation here: https://www.boulderai.com/ai-vision-systems-integration/ 

 

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What does the Google Assistant intelligent app can do? Here is the complete list.

What does the Google Assistant intelligent app can do? Here is the complete list. | WHY IT MATTERS: Digital Transformation | Scoop.it

The library of all things Google assistant can do today.

Farid Mheir's insight:

WHY IT MATTERS: this is everything the Google assistant can do, from football facts to mathematics answers. It is a lot - but again so much remains.

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25 Open Datasets for Deep Learning Every Data Scientist Must Work With #Data #AI

25 Open Datasets for Deep Learning Every Data Scientist Must Work With #Data #AI | WHY IT MATTERS: Digital Transformation | Scoop.it
Are you searching for quality deep learning datasets? We have listed 25 quality deep learning datasets you should work with to improve your DL skills!
Farid Mheir's insight:

WHY IT MATTERS: data is core to AI and these dataset show how much is available out there - but also how much more we need to have to create AI that is truly powerful.

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