Digital Transformation of Businesses
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Business model canvas and value proposition design are #Essential tools @Strategyzer

Business model canvas and value proposition design are #Essential tools @Strategyzer | Digital Transformation of Businesses | Scoop.it
  • Learn how to build business models that work, and value propositions that sell

  • Work on Business Model and Value Proposition Canvases in our app

  • Attend an in-person masterclass

  • Read our books and take your business skills to the next level

Farid Mheir's insight:

I wrote about this in the past with different reviews of the nespresso business model http://www.scoop.it/t/digital-transformation-of-businesses?q=nespresso


I've never highlighted the strategyzer business model generator and the value proposition design solutions and tools and that is a shame. I believe it to be an essential knowledge for digital transformation.


Very often we must think outside the box and contemplate changing our fundamental business model when looking in the depth of a digital transformation - think how these new companies have revolutionized their industry model : Uber, airbnb, amazon, spotify, or nespresso.


Strategyzer is the company behind 2 approaches that you must absolutely master. Go through the site and first buy the books to get started. Or listen to this video presentation that describes how to present the business model canvas:

https://www.youtube.com/watch?v=SliMK6Z2jlA

https://gallery.mailchimp.com/a03a2a576ad72cd8546455984/files/Ways_To_Present_The_BMC_Strategyzer_Webinar4.pdf


Then watch all the other video webinars. Have a great Sunday morning!

https://www.youtube.com/user/businessmodeltv

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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"
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Pyramid of Digital Needs may explain why you are scared of Facebook @fmheir #PrivacyAware 

Pyramid of Digital Needs may explain why you are scared of Facebook @fmheir #PrivacyAware  | Digital Transformation of Businesses | Scoop.it

This post explores the pyramid of digital needs. Based on personal experience and observations, I describe what this hierarchy may be composed of, map technologies that support them, and offer an initial analysis of the impact on individuals and businesses.

Farid Mheir's insight:

This is a new concept that I have been thinking about for a few year and that may help explain why some persons are not ready to have a Facebook account or share on social networks.

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Ian Harris's curator insight, September 26, 6:41 PM

An interesting way of thinking about digital!

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21 #jobs humans will have in the future may include #FitnessCommitmentCounselor #PersonalDataBroker #WalkerTalker

21 #jobs humans will have in the future may include #FitnessCommitmentCounselor #PersonalDataBroker #WalkerTalker | Digital Transformation of Businesses | Scoop.it

Automation will eliminate jobs but it will also create them. Here are 21 jobs that will exist in the future.

Farid Mheir's insight:

WHY IT MATTERS: AI will replace many human activities - from driving trucks to auditing accounting books. Futurists predict that new jobs will emerge, jobs that today do not make sense but that in the future will become essential - same way that our ancestors in early 1900s would not have believed that data scientist or software programmer or webmaster would exist today...

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A 'Google Maps' for the Mouse Brain Details Neurons Like Never Before #video #singularity

A 'Google Maps' for the Mouse Brain Details Neurons Like Never Before #video #singularity | Digital Transformation of Businesses | Scoop.it

MouseLight is the most detailed map of the mouse brain yet. Scientists hope this brain map, and others like it, can help unravel the brain's mysteries.

Farid Mheir's insight:

WHY IT MATTERS: understanding of the human brain is essential to improve artificial intelligence. Advances in brain scanning technologies have allowed researchers to map 700 neurons in a ouse brain and the results are presented here. Look at the 2min video to understand what has been achieved. 

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Deutsche Bank CEO: 50% of workers replaced by machines soon, social turmoil to increase in coming years #danger

Deutsche Bank CEO: 50% of workers replaced by machines soon, social turmoil to increase in coming years #danger | Digital Transformation of Businesses | Scoop.it

By next year, around 75% of financial firms will either explore or implement artificial intelligence technologies, according to a survey by Greenwich Associates. The research and consulting firm thinks some 15% of the industry’s jobs are at risk.

Farid Mheir's insight:

WHY IT MATTERS: social turmoil in the coming years. Trump has capitalized on coal workers fears of loosing their jobs. In 5 and 10 years, millions of workers in Finance, accounting, clerical jobs, but also truck drivers and warehouse workers will be out of a job - or fearing they will loose their jobs or seeing their salaries frozen or wages pressured in downward trends. They will be asked to retrain and maybe re-locate. Most won't and will expect their unions or their governments to do something against the business world and rich techies. We must - sadly - plan for social turmoil in the coming years.

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#Blockchain 4 killer apps explained

#Blockchain 4 killer apps explained | Digital Transformation of Businesses | Scoop.it

I argue that the four killer apps of cryptocurrencies are 1) dark web and black market payments, 2) digital gold, 3) macro/micro payments, and 4) tokenization. If the recent surge of cryptocurrency market cap to 170B+ struck you as unbelievable, I hope after reading this, it will make more sense.

Farid Mheir's insight:

WHY IT MATTERS: everyone is wondering what the blockchain will be good for. I reported previously on non-financial use cases. Here this post presents and argues on 4 key financial use cases. Read to understand more about bitcoin/blockchain.

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Fabienne Fayad's curator insight, November 19, 9:07 AM
What do you think of Bitcoins and Blockchain? This article is very interesting to read.
Waqas ALi's curator insight, November 20, 6:31 AM

Custom Logo design services are playing important role in the field of business and marketing most of the companies recognized by their logo.

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Where is technology taking the economy? #weekendReading #bleak @McKinsey

Where is technology taking the economy? #weekendReading #bleak @McKinsey | Digital Transformation of Businesses | Scoop.it

Erik Brynjolfsson and Andrew McAfee of the Massachusetts Institute of Technology point out that when automotive transport arrived, a whole group of workers—horses—were displaced, never to be employed again. They lost their jobs and vanished from the economy.
I would add another historical precedent. Offshoring in the last few decades has eaten up physical jobs and whole industries, jobs that were not replaced. The current transfer of jobs from the physical to the virtual economy is a different sort of offshoring, not to a foreign country but to a virtual one. If we follow recent history we can’t assume these jobs will be replaced either.

Farid Mheir's insight:

WHY IT MATTERS: the article very well sums up the changes that will impact us all - and the conclusion is bleak. When production is plentiful, very few have jobs. Having access to what is produced becomes the issue - if you don't have a job, you don't have the means to buy what gets produced. We will enter an era of social tensions and can only hope it will not be resolved in a 3rd world war.

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Waqas ALi's curator insight, November 20, 6:33 AM

Custom Logo design services are playing important role in the field of business and marketing most of the companies recognized by their logo.

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Mapping the Canadian AI Ecosystem @element_ai @jfgagne

Mapping the Canadian AI Ecosystem @element_ai @jfgagne | Digital Transformation of Businesses | Scoop.it

While it’s still incomplete, I thought it was important to update the map currently being sent around and reinforce the idea that this ecosystem is in constant flux. Already, our list has mushroomed from about 160 startups to over 550. Goes to show how much is happening just below our attention.

Farid Mheir's insight:

WHY IT MATTERS: AI hype is in full swing and element.ai has charted the Canadian ecosystem, with a promise to keep updated the list that now tracks 550 companies and organizations.

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#Startups develop a no checkout / no register system #AI #Vision #Cameras - any store can be Amazon GO

#Startups develop a no checkout / no register system #AI #Vision #Cameras - any store can be Amazon GO | Digital Transformation of Businesses | Scoop.it

Here's how the system works. Its proprietary AI system is built, in part, with TensorFlow, Google's open-source AI kit. The lab has 20 cameras overhead, which are used to track people and products. Fisher says it first trains the AI on products with a two-minute long video capturing event they call the "SKU-dance." Once an item is filmed from every possible angle, the AI will be able to identify it in the future.

Farid Mheir's insight:

WHY IT MATTERS: this startup is developing an AI system to replace checkout registers and enable any store to become like an Amazon GO, the concept store from Amazon showcased in December 2016. Retails stores will transform in the near future with technologies such as this one but also others such as location beacons, new floor plans, etc. More on Amazon GO:

why GO concept works: http://sco.lt/8RIFSD
what we know: http://sco.lt/8G4pZB

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The Robots are Here: a 30min video on the state of #robots & #robotics in 2017 @su_globalsummit

The robots are indeed already here. I work at a university where my job is teaching students and doing research and robotics and so I really what I want to convey to you today is the trends that I see robotics research going that will ultimately turn into actual products and directions that you might be able to take advantage of in the future.

Farid Mheir's insight:

WHY IT MATTERS : the video provides a great review of the state of technology when it comes to robots and robotics today from one of the leading researcher in the field. The talk is peppered with short videos of actual robots so you get a good sense of what's possible today. But remember that we live in an exponential growth era, so things improve very fast.

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Walmart is using #shelf-scanning #robots to audit its stores via @gnat

Walmart is using #shelf-scanning #robots to audit its stores via @gnat | Digital Transformation of Businesses | Scoop.it

The robots themselves are produced by California-based Bossa Nova Robotics, and are about two-feet tall with an extendable tower containing lights and sensors for scanning shelves. They sit in recharging stations in the store until a human employee gives them a “mission” — e.g. checking a particular aisle to see what needs re-stocking. The robots are supposed to save workers’ time, but Walmart says it will also use the data they collect to improve efficiency nationwide.

Farid Mheir's insight:

WHY IT MATTERS: robots are moving out of the factory floor to invade all other spaces - from parking to retail stores. Here a great example of a robots to handle a routine and very important task for retailers: identifying what is on store shelves so as to minimize the out of stock items and mapping store layout for order pickers (every store is different so picking items is often a nightmare). Of course, this will impact jobs - even though Walmart says it won't.

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R U ready to share purchase & fitness data to have #MachineLearning Predict Heart Disease & Diabetes?

R U ready to share purchase & fitness data to have #MachineLearning Predict Heart Disease & Diabetes? | Digital Transformation of Businesses | Scoop.it

In an ongoing effort with Boston-area hospitals, including the Boston Medical Center and the Brigham and Women’s Hospital, we found that we could predict hospitalizations due to these two chronic diseases about a year in advance with an accuracy rate of as much as 82%. This will give care providers the chance to intervene much earlier and head off hospitalizations.

Farid Mheir's insight:

WHY IT MATTERS: would you allow an invasion of your privacy to improve your life expectancy? I assume most of us would say YES if assured that the information would remain secure and private. What technologies need to be put in place? Do we need government regulations to protect everyone equally? These are the real questions behind advances such as this one. Moreover are there solutions using blockchain technology to allow for this to become possible?

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I just coded my first AI algorithm, and oh boy, it felt good

I just coded my first AI algorithm, and oh boy, it felt good | Digital Transformation of Businesses | Scoop.it
Speaking the language of deep learning will allow you to have a conversation with the future. And learning to speak it is not as hard as you might think. I’m a prime example: You don’t have to be a programming guru or math wiz to learn to code. You just need to be willing to learn—and to play nice with Python and Numpy.
Farid Mheir's insight:

WHY IT MATTERS: software is everywhere and more often than not, AI will be everywhere in the future. This articles proves that if you want to do it, programming neural networks is not that big of deal. That being said, from this simple coding experiment to developing a self driving car, there is much to do. But to gain the basic fundamentals that you require to understand the world around you in the coming years, it is well worth the investment, don't you think?

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Mubashir Hussain's curator insight, November 13, 6:16 AM

Kool Design Maker is professional graphics designing company which provides banner ad design in the USA.

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maturity model for README #softwareEngineering #software

maturity model for README #softwareEngineering #software | Digital Transformation of Businesses | Scoop.it

Free README editing+feedback to make your open-source projects grow. See the README maturity model to help you keep going.

Farid Mheir's insight:

WHY IT MATTERS: for the techno geeks this is a great reference.

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Blade Runner 2049 misses rise of creative #artificialIntelligence #generativeDesign via @conversationCA

Blade Runner 2049 misses rise of creative #artificialIntelligence #generativeDesign via @conversationCA | Digital Transformation of Businesses | Scoop.it

Blade Runner 2049 misses modern strides in artificial intelligence, which is now capable of performing creative work alongside humans. The newly-emerging field known as “generative design” seeks to incorporate the computer more actively into the design process. In these kinds of computer applications, the designer uploads a “seed geometry” — akin to a keyframe reference drawing an animator might use — and then sets a series of requirements ranging from the aesthetic to the functional. The software then searches through a series of procedurally-generated designs based on the seed geometry and surfaces those that meet the requirements. The designer can select one of these “solutions” for production or to function as the next seed geometry and the process begins again.

Farid Mheir's insight:

WHY IT MATTERS: the article explains how generative design work and will transform the creative process in the near future. It manages quite well to show how it is difficult to forecast the future and that movies - the example they use is blade runner - fails to see important new transformative technologies.

I wrote about generative design tools and solutions in the past here http://sco.lt/8ookan 

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#eCommerce trend: Selling Old Clothes On Instagram #popularWithTeens

#eCommerce trend: Selling Old Clothes On Instagram #popularWithTeens | Digital Transformation of Businesses | Scoop.it

I needed to get rid of some old clothes, but instead of turning to eBay, Poshmark, or local consignment stores, I tried selling them on Instagram. It worked.

Farid Mheir's insight:

WHY IT MATTERS: my 17 year old says everyone at school is doing it - selling their old clothes on instagram. Very simple: open an account like "oncelovedclothing", take pictures of clothes you don't wear anymore, let instagram users bid for the items, at school they simply exchange money for items. Easy. No eBay, no kijiji, no intermediary. Wow.

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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 | Digital Transformation of Businesses | 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.

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Australian replicates an $86M project in 57 lines of code

Australian replicates an $86M project in 57 lines of code | Digital Transformation of Businesses | Scoop.it

A few weeks ago, I published what I thought at the time was a fairly innocuous article: How I replicated an $86 million project in 57 lines of code. I’ll admit — it was a rather click-bait claim. I was essentially saying that I’d reproduced the same license plate scanning and validating technology that the police in Victoria, Australia had just paid $86 million for.

Farid Mheir's insight:

WHY IT MATTERS: digital projects and software has become really easy to make today so why are so many projects difficult to get started and expensive? Maybe because so few know what is possible or leverage the latest technologies?

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Lucy Seal 's curator insight, November 9, 7:00 AM
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Mubashir Hussain's curator insight, November 10, 5:53 AM

kool design maker is a best professional organization which make all type of graphics product designing e.g banner ad design

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Future is here: no driver in the car. Zero. None. Nada. Google Waymo’s fully #self-driving vehicles in Phoenix

Future is here: no driver in the car. Zero. None. Nada. Google Waymo’s fully #self-driving vehicles in Phoenix | Digital Transformation of Businesses | Scoop.it

After more than eight years of development, we’re taking the next step toward unlocking the potential of fully self-driving technology. Starting now, Waymo’s fully self-driving vehicles — our safestmost advanced vehicles on the road today — are test-driving on public roads, without anyone in the driver’s seat.

Farid Mheir's insight:

WHY IT MATTERS: we expected it to happen in the future, a few years from now. Not today, not so soon. Especially not in the USA, the country of frivolous lawsuits. This goes to prove how confident Google must be about its self-driving technology. Anyone planning for digital transformation in its business must consider self-driving cars as something to "trial" in the coming years - not as something to "watch for" anymore. WOW.

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Get on board with electric vehicles #EV & #Autonomous #Trucks as they will Disrupt Rail & Transform Logistics

Get on board with electric vehicles #EV & #Autonomous #Trucks as they will Disrupt Rail & Transform Logistics | Digital Transformation of Businesses | Scoop.it
ARK expects autonomous trucks to reduce the cost of trucking from 12 cents per ton-mile to 3 cents during the next five to ten years.
Farid Mheir's insight:

WHY IT MATTERS: if you do not include self-driving trucks and electrification into your strategic digital plan for distribution then you will have competitors that are 4x cheaper than you are competing for your clients in the coming years. Start planning what it means to your people, processes, and internal technologies. Put together prototypes and proof-of-concepts with startups in the area today. This is what digital transformation will mean in the 2020s: we are way past having a nice a website and eCommerce!

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#letsenhance site uses #machineLearning to enhance your low-res photos for free

#letsenhance site uses #machineLearning to enhance your low-res photos for free | Digital Transformation of Businesses | Scoop.it

Got a crappy low-res photo you wish you could use? You can now try an AI-powered image enhancing tool for yourself with just a couple of clicks.

Farid Mheir's insight:

WHY IT MATTERS: this new tools provides a very simple way to understand what AI can do to fool us all. Right now if you want to test the tool for yourself you'll have to wait 2 days for the results as the servers are overwhelmed (Nov 07 5pm). But try it, it will amaze you. And maybe also scare you.

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Firefox Developer Tools #essential #web #development

Firefox Developer Tools #essential #web #development | Digital Transformation of Businesses | Scoop.it
Examine, edit, and debug HTML, CSS, and JavaScript on the desktop and on mobile.
Farid Mheir's insight:

WHY IT MATTERS: great tools from mozilla to gain behind the scenes access to the web pages you browse every day. Similar tools can be found on chrome and IE as well.

https://developer.chrome.com/devtools 

https://docs.microsoft.com/en-us/microsoft-edge/f12-devtools-guide 

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1739 third-party #openSource libraries in @slack makes me wonder if this is a good thing or #madness

1739 third-party #openSource libraries in @slack makes me wonder if this is a good thing or #madness | Digital Transformation of Businesses | Scoop.it

Slack macOS v 2.8.2 client lists 1739 3rd party open source librairies. The following sets forth attribution notices for third party software that may be contained in portions of the Slack desktop application. We thank the open source community for all of their contributions.

Farid Mheir's insight:

WHY IT MATTERS: I understand that open source libraries are useful but have we gone mad? An application such as slack uses 1739 different libraries makes me wonder if this is really needed or if all those dependencies expose the system to issues that would not otherwise be there.

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The Death Cross Of US Manufacturing

The Death Cross Of US Manufacturing | Digital Transformation of Businesses | Scoop.it

The theme of both the robot-ization of the global workforce and the populist desire for a hike in the minimum wage have been popular and ongoing ones here at Zero Hedge. However, never has it been more clear just where the future lies than this chart from BofAML's Michael Hartnett... As he says, "we are long robots, and short human beings."

Farid Mheir's insight:

WHY IT MATTERS: robots will grow and bring back manufacturing to "developed" countries such as the US but they won't bring back jobs.

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What do you think about #CRYPTO20, a #cryptocurrency index fund #ICO #shouldIinvest?

What do you think about #CRYPTO20, a #cryptocurrency index fund #ICO #shouldIinvest? | Digital Transformation of Businesses | Scoop.it

CRYPTO20 is an autonomous token-as-a-fund allowing you to invest in cryptocurrencies like bitcoin and ethereum in a diversified index fund.

Farid Mheir's insight:

WHY IT MATTERS: this is a blockchain based on ethereum that is composed of 20 cryptocurrencies that is about to start trading. I wonder if I should buy into it? Would you? If so why would you or would you not?

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Here's when #robots will start beating #humans at every task @Oxford @Yale

Here's when #robots will start beating #humans at every task @Oxford @Yale | Digital Transformation of Businesses | Scoop.it
A survey of AI researchers tallied predictions for when machines will start beating humans at everything from LEGO assembly to essay-writing.
Farid Mheir's insight:

WHY IT MATTERS: I shy away from these projections but here it comes from scholars at Oxford and Yale so I give more value. Moreover it tracks with the projections I have read from the Singularity is Near and other books on the matter. Moreover I like the visualization because it shows concrete tasks that we can all relate to. And look at the timeline, remembering that 2026 is less than 10 years from now...

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#AI & The Future of Work #WeekendVideo @TEDxManchester

The robots are coming. We (as in the people who attend TED talks and things) tend to think we will probably be fine. You know, knowledge folks and all. We might not be. What will be our coping mechanisms? What can we do to be OK?

Farid Mheir's insight:

WHY IT MATTERS: a short 15min video to listen to this weekend and bring very good conversation topics for Sunday dinner with the kids...

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Curated by Farid Mheir
Digital transformation technology consultant and Enterprise Architect. Works with business executives in the fields of eCommerce, Cloud, Web2.0, enterprise2.0, sourcing2.0