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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Monitor your surroundings with these sensors may offer new business applications

Monitor your surroundings with these sensors may offer new business applications | WHY IT MATTERS: Digital Transformation | Scoop.it

CubeSensors (shown above) are available this summer and promise to "continuously measure temperature, humidity, noise, light, air quality and barometric pressure for every room." They're pretty, network-connected cubes that are almost as much decoration as they are tool.


Thermodo is a project currently on Kickstarter (that is well above its goal and still has 21 days to go), and it's a small thermometer that plugs into the headphone jack of your iPhone. It comes with an app, is slick, and pretty cheap at only 25 dollars.

Farid Mheir's insight:

The availability of low cost, easy to use, easy to integrate sensors is part of the bigger trends called Internet of Things. It promises to revolutionize our world by digitizing a large portion of the world that was previously run by mechanical means or pen-and-paper.


As with all things digital, business users will have the opportunity to go beyond digitize and to optimize or transform their ways of doing using them. For example, with these temperature sensors, the food industry can include them in delivery containers to digitize temperature monitoring and guarantee that "cold chain" is maintained. Digitize an existing process, but not much has changed.


More advanced retailers would leverage the real-time availability of temperature data to optimize their energy consumption and derive financial benefits. Finally, revolutionary players could transform their industry by making temperature monitoring a pre-requisite of deliveries, using a network of sensors to predict in advance that conditions are OK.

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FlowingData | Data Visualization, Infographics, and Statistics reference site and book

FlowingData | Data Visualization, Infographics, and Statistics reference site and book | WHY IT MATTERS: Digital Transformation | Scoop.it
Farid Mheir's insight:

I find myself going back to this website and blog as inspiration and guidance for visualization as I find that putting information into images has really become much more affordable. This represents a major transformation in the way we communicate. Flowingdata always brings very interesting blog posts that highlight very useful, sometimes intriguing, ways of presenting information in a non-textual way.


I find the reference and the books also provide very useful guidance.

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Barry Diller’s Aereo Service Challenges Cable Television

Barry Diller’s Aereo Service Challenges Cable Television | WHY IT MATTERS: Digital Transformation | Scoop.it
Aereo, a start-up backed by Barry Diller that captures broadcast signals to be streamed online, is sowing chaos in the cable television business.


Aereo is what has been called a loophole start-up because it is structured to comply with regulations even as it disrupts the current model. The company was started by Chet Kanojia, a Boston technologist and entrepreneur, and became operational in New York last year. It is built on a relatively ancient technology, with coin-size antennas assigned to each person in the coverage area who signs up for the service. Customers can then use an Internet connection to stream any program from broadcast stations, or have them stored by Aereo for later streaming.

Farid Mheir's insight:

Not sure that this new service will transform the broadcast industry but it certainly makes you think about it. Grab over-the-air signals that are available everywhere and broadcast them - freely - over the Internet without paying dues or fees. Sounds like cheating but hey, if it is *possible* at some time someone will do it.


That is why I consider this more a digitization than a transformation of broadcast: digitize the signal to whatch it on your ipad. The first step. True transformation of broadcast comes when you do things like tivo or better netflix, when you can elect to watch what you want when you want, whether it is broadcast or recorded or movies.

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Google Is Building A Same-Day Amazon Prime Competitor, “Google Shopping Express”

Google Is Building A Same-Day Amazon Prime Competitor, “Google Shopping Express” | WHY IT MATTERS: Digital Transformation | Scoop.it
Google is stealthily preparing to launch an Amazon Prime competitor called "Google Shopping Express." According to one source the service will be $10 cheaper than Amazon Prime at $69 a year and offer same-day delivery from brick-and-mortar stores...
Farid Mheir's insight:

Interesting when you compare this with the Boston Consulting survey on same-day delivery which basically says that retailers are embracing same-day delivery but that customers really don't care about it.

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Urban Outfitters exec: Instagram inspires, shows brand personality - Social networks - Mobile Commerce Daily

Urban Outfitters exec: Instagram inspires, shows brand personality - Social networks - Mobile Commerce Daily | WHY IT MATTERS: Digital Transformation | Scoop.it

“Instagram for us is huge — the engagement on Instagram is through the roof,” said Steve Hartman, managing director of direct and marketing at Urban Outfitters, Philadelphia.

“Just looking earlier today, we posted a picture of shoes in the office, and it got 40,000 likes on Instagram immediately,” he said. “So that one is really about us inspiring the customer and also showing that it goes back to the personality of the brand.”

Farid Mheir's insight:

Great example of usage of social media beyond a boring facebook page and followers. People that post photos of themselves are more attached to the brand and the other clients. And this can pply to way more than apparel. Think food - pics of your meals or what you've prepared with groceries you bought - or in a B2B environment pics of usage of front loaders or other mechanical equipments. Lots of opportunities to transform the customer interaction, feedback, commitment, and ultimately sales?

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Kill Your Meeting Room — The Future's in Walking and Talking

Kill Your Meeting Room — The Future's in Walking and Talking | WHY IT MATTERS: Digital Transformation | Scoop.it
“Sitting has become the smoking of our generation.” I argued this in my recent talk at TED2013 and elsewhere while advocating for the concept of “walking meetings” because we spend more time sitting than sleeping.
Farid Mheir's insight:

Interesting point of view. I've started to work standing up 18 months ago and find benefits and some concerns with the concept. I find walking meetings may transform interactions but would face serious head winds in certain conditions: large meetings (more than 3-4) would make conversations difficult, weather (rain, snow) would be a deterrent, etc. But for 2-3 person meetings with few notes and pleasant weather, I think it is a great idea. And with support of technology (mobile phone, google glasses) this can actually be a good thing.

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How Google Glass Will Revolutionize 9 Industries

How Google Glass Will Revolutionize 9 Industries | WHY IT MATTERS: Digital Transformation | Scoop.it
Some of them won't survive.
Farid Mheir's insight:

Very interesting insight, although very thin analysis. I agree healthcare, construction, police, education, travel will be transformed. For sure advertising as well.


But it looks a lot like the internet in the early days; a new information delivery medium. Little emplhasis seems to be placed on collaboration of what was called 2.0. Maybe we'll have glasses 2.0?

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Big data in the age of the telegraph

Big data in the age of the telegraph | WHY IT MATTERS: Digital Transformation | Scoop.it
Daniel McCallum’s 1854 organizational design for the New York and Erie Railroad resembles a tree rather than a pyramid. It empowered frontline managers by clarifying data flows. A McKinsey Quarterly Organization article.
Farid Mheir's insight:

Amazing. The origins of "Think globally, act locally". Very interesting way to look at organization to give local resources a lot of flexibility and report the right data to higher ups.

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Why Amazon Prime Could Soon Cost You Next to Nothing- More signs that Amazon is "flipping" the shopping model

Why Amazon Prime Could Soon Cost You Next to Nothing- More signs that Amazon is "flipping" the shopping model | WHY IT MATTERS: Digital Transformation | Scoop.it
A new report says Amazon makes so much money off Prime customers that the company could drop the annual fee by dozens of dollars and still come out ahead.


To put that figure in context: Amazon’s average operating income last year per each of its 182 million total customers came to less than $10. In other words, every Prime member is about eight times as valuable to Amazon as a non-Prime member. Put yet another way: More than one-third of Amazon’s profits before interest and taxes came from fewer than four percent of the people who buy stuff on Amazon.

Farid Mheir's insight:

This story brings forward an interesting aspect of Amazon digital transformation of shopping. Amazon goes beyond the online catalog shopping and into a membership model that moves one-time price sensitive shoppers into everyday ones where margins are much higher.


Doing so, Amazon increases volumes to bring economies of scale that make them even more competitive with established brick and mortar retailers, which are hard pressed to show the same profitability because they must have *both* a competitive supply chain *and* physical stores. Wow.

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ViralSearch: Identifying and Visualizing Viral Content

What does it mean for online content to "go viral"? An analysis of almost a billion information cascades on Twitter news, videos, and photos has produced the first quantitative notion of whether something has indeed gone viral, thereby enabling further research into topic experts, trending topics, and viral-incident metrics.

Farid Mheir's insight:

Short 3 min video shows an interesting new tool that Microsoft developed. Even if this does not become a commercial product, the explanation and visual difference between a "typical" broadcast content versus a viral one is very interesting.

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Explaining the rise of curated shopping - can it "flip" the shopping model?

Another significant shortcoming for online retailers is that if a customer is unhappy with their choice, they rarely come back. For many years, large marketplaces such as Amazon and iTunes have addressed this issue with their use of customer reviews. However, there is now a growing trend that addresses some of the above and is a bit more convenient for shoppers: "curated shopping" lets retailers avoid some of the pitfalls, while improving the online shopping experience for their customers. Here’s a brief overview: 

  • Smart (and social) filters
  • Personal shoppers with a difference
  • The community advises
  • Personalised shopping magazines
Farid Mheir's insight:

Not sure that I agree that the curated shopping approaches are right but they do raise an interesting question: can the shopping model be "flipped" using digital means?


The current online shopping model is pretty much the same as the paper-based catalog or in-store shopping experience of the old days: browse a catalog, add items to a cart and then pay. The digitized experience can be more efficient (with searching, reviews, additional information, live help, etc.) but optimized does not mean transformed.


Can curated shopping transform the experience by having you pay first (for a curator's help), then receive products and return what you don't need or want? May not apply for apparel but maybe that grocery shopping would benefit from that flipped approach? Have an expert (diet guru, coach, famous chef) prepare recipes and a meal plan and automatically send you the appropriate items, along with the other things you need to run a house (cleaners, pet food, etc.).


What do you think?

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Leveling the (local) playing field: How tech can help merchants compete

Leveling the (local) playing field: How tech can help merchants compete | WHY IT MATTERS: Digital Transformation | Scoop.it
Let's take a step back and understand the technology tools that can benefit the largest group of people who have been hardest hit by large enterprises and new technologies: the tens of millions of ...
Farid Mheir's insight:

Article points to a number of good marketing and local tools.

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Peapod Attacks FreshDirect in Manhattan With Low Prices: Retail

Peapod Attacks FreshDirect in Manhattan With Low Prices: Retail | WHY IT MATTERS: Digital Transformation | Scoop.it
FreshDirect’s orange-and-green delivery trucks have ruled Manhattan’s double-parked streets for a decade, catering to New Yorkers too harried to schlep to the grocery store.

The growth will help Ahold reach its goal of tripling online sales to 1.5 billion euros ($2 billion) by 2016.

FreshDirect ... expects shoppers will remain loyal to the pricey fresh foods and ready meals that helped push sales to about $400 million last year.

Farid Mheir's insight:

Looks like NYC will be a key market for online grocers to compete. When will Amazon and Walmart move their "fresh" service from the west coast to the east coast?

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La grande distribution franchit la barre des 2.000 « drive »

La grande distribution franchit la barre des 2.000 « drive » | WHY IT MATTERS: Digital Transformation | Scoop.it

Selon l'institut spécialisé Retail Explorer, la barre des 2.000 unités a été franchie au cours de la première semaine de mars, avec précisément 2.036 « drive » pour 10 enseignes. De leurs côtés, a2distrib et les Editions Dauvers, autres sources statistiques, en comptaient 1.986 le 2 février. On ne recensait que 1.000 « drive » en juin 2012 ! Selon le cabinet Argon Consulting, cette forme de distribution représenterait désormais entre 2,5 % et 3 % du marché français de l'alimentation et des produits de grande consommation.

Chez Leclerc, les « drive » ont généré 838 millions d'euros de chiffre d'affaires en 2012, soit un quart de la croissance de l'enseigne, et l'objectif est d'atteindre 1,4 milliard en 2013 avec 400 unités.


Via Paul-Jean Ricolfi, Aqui!Presse Formation&Conseils
Farid Mheir's insight:

Sorry for the french text but it shows the interest with regards to order pickup rather over delivery or shipping.

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Pharmaceutical Competitive Intelligence tool merely is an evolution, not a revolution. but Sergey Brin offers a true new way

Pharmaceutical Competitive Intelligence tool merely is an evolution, not a revolution. but Sergey Brin offers a true new way | WHY IT MATTERS: Digital Transformation | Scoop.it

One thing pharmaceutical companies don't lack is information,” said Sterling Stites, CEO of InfoDesk. "What most of them do lack,” he added, “is a single platform capable of integrating all types of content, both internal and external, that allows them to organize, search and share company specific intelligence in meaningful ways.

Farid Mheir's insight:

Pharma is not a field I know much about. Yet I find it interesting how digital may help transforms the drug development process. This new Pharma tool - InfoDesk - appears to be merely the digitization of pen-n-paper collaboration processes. An improvement but not a revolution.

It brings back memories of Wired magazine Sergey brin's search for Parkinson's cure where a true digital transformation is proposed. Instead of formulating a theory, then painstakingly verifying its results in year long tests, Brin proposes the analysis of very large patient datasets to "look for patterns" which may suggest good investigation paths. And possibly transform the way drug research is done... as well as providing results much faster. That's what I call digital transformation of the medical/pharma world! From Wired:


"Brin is after a different kind of science altogether. Most Parkinson’s research, like much of medical research, relies on the classic scientific method: hypothesis, analysis, peer review, publication. Brin proposes a different approach, one driven by computational muscle and staggeringly large data sets. It’s a method that draws on his algorithmic sensibility—and Google’s storied faith in computing power—with the aim of accelerating the pace and increasing the potential of scientific research. “Generally the pace of medical research is glacial compared to what I’m used to in the Internet,” Brin says. “We could be looking lots of places and collecting lots of information. And if we see a pattern, that could lead somewhere.”

In other words, Brin is proposing to bypass centuries of scientific epistemology in favor of a more Googley kind of science. He wants to collect data first, then hypothesize, and then find the patterns that lead to answers. And he has the money and the algorithms to do it." 

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How "digital" fits into today's retail organization

How "digital" fits into today's retail organization | WHY IT MATTERS: Digital Transformation | Scoop.it

How to organize e-commerce within a retail company isn’t an easy question to answer.

E-commerce as a division has been through various stages through the years. It has been a separate entity, it’s been integrated (and) even within an organization it could have been a separate business. It’s had quite an evolution.”

Farid Mheir's insight:

Very interesting insight that basicaly states that eCommerce, mobile and other new digital technologies are better when they transform the existing functions of the organization - merchandizing, marketing, etc. - rather than create entirely new teams. 


I would argue that new teams must be created for the period of transition and be part of a center of excellence. Their goals, rather than delivering a new service or offering should in fact be to support existing resources and teams in transforming their skills and processes via training, support, prototype development and many other activities.

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E-Commerce: How Same-Day Delivery Will Change Retail

E-Commerce: How Same-Day Delivery Will Change Retail | WHY IT MATTERS: Digital Transformation | Scoop.it
with amazon's same-day delivery under way, and google shops reportedly next, traditional retailers will need new ways to lure customers.
Farid Mheir's insight:

If same-day delivery is something customer want and can be economically viable remains a question. If it is then this short paper implies that local retailers - pharmacies, corner stores, etc. - will be transformed and some will disappear as they will loose their reason to exist.

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Amazing mind reader reveals his 'gift'

Dave is an extremely gifted clairvoyant who finds out specific financial information. This video reveals the magic behind the magic, making people aware of t...
Farid Mheir's insight:

You think privacy still exists? Well this video demonstrates quite well that you may already have lost some key personal aspects of your life. What about your business? Are we leaving digital breadcrums that could lead our competitors to insights that would harm our business? most probably the answer is YES...

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Lifelogging : supplément numérique pour la mémoire

Lifelogging : supplément numérique pour la mémoire | WHY IT MATTERS: Digital Transformation | Scoop.it

Gordon Bell, un pionnier de l’industrie des nouvelles technologies, travaille chez Microsoft  où il explore l’infonuagique et le lifelogging dans le cadre du programme de recherche MyLifeBits mené avec son collègue Jim Gemmell. Lelifelogging, c’est l’art de saisir les données de la vie quotidienne – les images, les sons, les activités, les documents, les conversations, les pensées même, et de les entreposer numériquement.

Farid Mheir's insight:

Interesting concept of lifelogging. Could we also have the worklogging and what impact would it have on business? Think of healthcare professionals that could record everything they actually say and show to their patients, which could prove immensely powerful in court when malpractice cases are brought forward. It could help both patients incriminate wrongful doctors but also professionals defend themselves when from abusing patients. Or business professionals improve processes by analyzing and comparing the work of multiple individuals, providing actual dsata not just samples.

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Hands on With Leap Motion's Controller

Hands on With Leap Motion's Controller | WHY IT MATTERS: Digital Transformation | Scoop.it
Leap Motion's powerful controller, which lets you control 8 cubic feet of virtual space in front of your computer, is, as promised, impressive.
Farid Mheir's insight:

I am expecting mine over the next few weeks. Can't wait to try it out. The real interest is in turning any existing computer into a hands-free device, which opens it up to a large consumer base for new and innovative applications. The article and the demos suggest a few interesting applications, such as virtual crafting (coupled with 3D printing could change the arts&craft education) or surgery. I am thinking there are other business applications, such as remote controled machinery such as mining equipment or crane operation in remote places. Opportunity to transform those industries looks positive but there still is a number of components that are required to make this a reality. But we are one step closer.


nov2015 update: I played with it a few times but now the device gathers dust in a closet. I found controlling the device to be difficult and the apps to be relatively useless. However I've seen youtube videos of designers and music composers that are doing phenomenal things with this. I guess I'm just not in the right field to need this kind of device. I remains a pretty mind blowing device nevertheless!

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Anonymous no more

Anonymous no more | WHY IT MATTERS: Digital Transformation | Scoop.it

Not quite lost in the madding crowd IF YOUR face and name are anywhere on the web, you may be recognised whenever you walk the streets—not just by cops but by anybody.


Brazil, preparing for the soccer World Cup in 2014, is already trying out pairs of glasses with mini-cameras attached; policemen wearing them could snap images of faces, easy to compare with databases of criminals.

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Online grocery market will double within five years

Online grocery market will double within five years | WHY IT MATTERS: Digital Transformation | Scoop.it
One of the fastest growing areas in retail expected to rise in value from £5.6bn to £11.1bn by 2018
Farid Mheir's insight:

Is UK the leading country in a worldwide trend or an aberration? Surely if the USA were to embark on the onnline grocery shopping trend, this would mark a serious impact of online over the physical world. So far however there are no signs of that happening any time soon.

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10 Ways 3D Printing Can Be Used In Education

10 Ways 3D Printing Can Be Used In Education | WHY IT MATTERS: Digital Transformation | Scoop.it

 

 


Via Pierre Tran
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Learn How To Find, Analyze and Visualize Information Effectively at School of Data

Learn How To Find, Analyze and Visualize Information Effectively at  School of Data | WHY IT MATTERS: Digital Transformation | Scoop.it
Learn how to find, process, analyze and visualize data

Via Robin Good
Farid Mheir's insight:

Read Robin's comments. Then try some of the classes. Very basic or more comple, they provide insight that are essential for businesses that are going digital. Visualization has become very important, with recent flood of infographics (not all good) and visualization toolkits. They are transforming the way the press reports the news in certain cases - The Guardian UK paper even has a section Show and Tell dedicated to it.

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raremare's comment, August 29, 2013 4:27 AM
Thats interesting
animedubbedonline's comment, September 9, 2013 8:06 PM
it's brilliant
Paula Silva's comment, March 4, 2014 4:54 AM
Will you check this scoop? Thank you so much. http://sco.lt/5okJ17
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Do you know what MOOCs are? Massively Open Online Classes transform education

Do you know what MOOCs are? Massively Open Online Classes transform education | WHY IT MATTERS: Digital Transformation | Scoop.it

More than 300,000 people have signed up to the University of Edinburgh's free massive open online courses (Moocs) since they were first announced in July 2012, it has been revealed.

For every student physically studying in Edinburgh, there are now ten online learners, a statement from the university says.


Via Robin Good
Farid Mheir's insight:

Some classes register 300,000 students. Massive. Great evolution. But not as revolutionary as the Khan Academy could prove to be....

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Robin Good's curator insight, February 6, 2013 10:39 AM


Can MOOCs and OER (open educational resources) represent a strategic marketing opportunity for educational institutions?


David Cormier writes about it: "According to the Times Higher article from yesterday, The University of Edinburgh got 300,000 students for its Coursera courses.


The article magically sets out what I have always thought was the most likely business model for MOOCs – the loss leader.


In 220 words they lay out their reasoning… they currently have 2000 online students. They want to have 10000 students. One can imagine that they hope that of the 300K 8000 students not currently registered for ‘for pay’ courses at the institution will decide to pay money to have a longer relationship with their institution."


From the original article by David Cormier: "...your ability to market online courses could increasingly be a question of whether you have the kind of faculty that people want to take a course with.


If i’m looking to learn something about connectivism, and I see George’s name on half the things that are written about them, I’m going to be tempted to take the connectivism course with george at Athabasca.


If he’d published all those things in closed journals, it seems less likely that they would get found..."



Interesting. Insightful. 8/10


Full article: http://www.xedbook.com/?p=120


(Image credit: Opportunities from Shutterstock)

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