Innovation in Business
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Netflix is Responsible for 15% of Global Internet Traffic and video generates most of the traffic via @Statista @MHalle

Netflix is Responsible for 15% of Global Internet Traffic and video generates most of the traffic via @Statista @MHalle | Innovation in Business | Scoop.it

This chart shows a distribution of worldwide downstream traffic, by web application in 2018.


Via Farid Mheir
Obinna Odenigbo's insight:
Incredible how video streaming is taking over the internet with Netflix in the first position and YouTube in third.
 
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Farid Mheir's curator insight, October 11, 9:41 AM

WHY IT MATTERS: I reported in 2015 that Netflix + YouTube accounted for 55% of web traffic. Their share is down only because the other streaming video services are growing. Also interesting from this chart that HTTP (good old web browsing), now only accounts for less than 10%. This means video is the medium of choice, cable TV is on it's way out (so expect more growth) and 5G mobile coverage will be in high demand when it becomes available soon...

2015 reference is here: http://fmcs.digital/blog/netflix-youtube-55-of-internet-traffic/ 

sales@thefutureof.report's curator insight, October 20, 7:34 AM
The future of Media requires more and better data infrastructure
 
Jayne Fenton Keane's curator insight, October 25, 6:23 PM
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How Google Applies Big Data to Know You

How Google Applies Big Data to Know You | Innovation in Business | Scoop.it
Google is an undisputed champion when it comes to big data. They have developed several open source tools and techniques that are extensively used in big data ecosystem.With the help of different big data tools and techniques, Google is now capable of exploring millions of websites and fetch you ...
Obinna Odenigbo's insight:
The giant, Google uses all their apps and services to get to know you. this enables them to make tailor-made ads, offers and a lot more. This is the type of advantages that accurate analyzing of  Bigdata can do for your company.
 
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The keys to a successful digital transformation | McKinsey

The keys to a successful digital transformation | McKinsey | Innovation in Business | Scoop.it
Digital transformations are even more difficult than traditional change efforts to pull off. But the results from the most effective transformations point to five factors for success.

Via Oliver Durrer
Obinna Odenigbo's insight:
Digital transformation is an ongoing revolution. Not being well informed about it is to your own detriment. here are five factors to success in this new era.

 
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Sodexo uses #imageRecognition and #AI to determine what'S on your food late - to cut down lanes and speed things up at the register during that critical lunchtime rush HT @Dumas0606

Sodexo uses #imageRecognition and #AI to determine what'S on your food late - to cut down lanes and speed things up at the register during that critical lunchtime rush HT @Dumas0606 | Innovation in Business | Scoop.it

La solution utilise des caméras haute définition perfectionnées. Elle améliore l’expérience consommateur en diminuant l’attente aux caisses, en supprimant l’obligation d’avoir de l’argent liquide, un badge ou son portable sur soi.


Via Farid Mheir
Obinna Odenigbo's insight:
Solving real-life problems. This is where Ai could be the most useful. What Sodexo is doing here is adding value through the use of AI, which then adds benefit to their bottom line.
 
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Farid Mheir's curator insight, November 11, 6:28 PM

WHY IT MATTERS: this is the best use case for AI as it solves a real problem (long lines at the cash register when you are hungry to eat!).

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The Rise of AI and Employment: How Jobs Will Change to Adapt

The Rise of AI and Employment: How Jobs Will Change to Adapt | Innovation in Business | Scoop.it
People are naturally concerned about whether their job is safe from automation. We explore which jobs are the most vulnerable to automation, which jobs will be the most resilient, and which engineering jobs have the best chance of surviving the rise of AI.

Via Paul Epping
Obinna Odenigbo's insight:
The world is changing at a fast pace...
 
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Paul Epping's curator insight, November 4, 11:55 PM

Change, Change, Change.... Adapt! 

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InsurTech Strikes: How AI and Machine Learning Are Redefining the Insurance Industry


Via Charles Gerth
Obinna Odenigbo's insight:
If you needed more proof that AI is helpful in all sorts of industries.
 
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Why Do So Many Great Entrepreneurs Stink at School?

Why Do So Many Great Entrepreneurs Stink at School? | Innovation in Business | Scoop.it
Did you drop out? If so, stop beating yourself up. Traditional higher learning is often at odds with entrepreneurial instincts.
Obinna Odenigbo's insight:
More tactical lessons would be needed in schools to make people entrepreneurs. This is something a lot of schools around the world don't do enough of.
 
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Patriot Launches the Newest EVLVR Thunderbolt 3 External SSD

Patriot Launches the Newest EVLVR Thunderbolt 3 External SSD | Innovation in Business | Scoop.it
Patriot has launched the newest EVLVR thunderbolt 3 SSD. And this post will introduce some detailed information about this Patriot SSD.

Via Skylly_W, microbladingt, Tad's News
Obinna Odenigbo's insight:
Perfect for people who like fast access to data and their files.
 
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Artificial intelligence for High Frequency Retail - Pricing, Inventory and Margins Optimization #AI #Retail #Grocery

Artificial intelligence for High Frequency Retail - Pricing, Inventory and Margins Optimization #AI #Retail #Grocery | Innovation in Business | Scoop.it

Daisy Intelligence is one such artificial intelligence vendor. The Toronto-based company focuses on retail merchandise planning: promotion, pricing and demand forecasting optimization. We spoke with Gary Saarenvirta, CEO of Daisy Intelligence with the intention of finding answers to the following questions:
Why might grocery vendors or supermarkets need AI?
How can retailers leverage AI for optimizing merchandising decision making?


Via Farid Mheir
Obinna Odenigbo's insight:
AI could be very useful in the retail industry. 
 
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Farid Mheir's curator insight, October 26, 6:16 AM

WHY IT MATTERS: the article presents possible use cases for AI in grocery Big Data analysis. 

Rescooped by Obinna Odenigbo from WHY IT MATTERS: Digital Transformation
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Why we need High Definition maps for autonomous cars to become reality - and what @comma_Ai is doing to create an #openSource version for all to use #mapping #digitalTransformation

Why we need High Definition maps for autonomous cars to become reality - and what @comma_Ai is doing to create an #openSource version for all to use #mapping #digitalTransformation | Innovation in Business | Scoop.it

The future of navigation will be centralized around HD maps. While plenty of companies exist to provide this type of data, all are limited by paywalls and strict Terms-of-Service. It is time for this paradigm to change. Comma.ai is releasing US interstate HD maps from our 5,000,000+ miles of data.


Via Farid Mheir
Obinna Odenigbo's insight:
The future of autonomous cars relies on HD maps that accessible to everyone.
 
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Farid Mheir's curator insight, September 28, 4:06 PM

WHY IT MATTERS: to make digital transformation a reality we required to blend the digital and the real world. In particular it is essential to have high definition maps of the real world and this paper explains why this is important, and why they have made their model opensource for everyone to see and use.

riterp2003's curator insight, October 4, 7:27 AM
With 15 years of experience under our belt, Roadmap sofware in Chennai specializes in ERP provider by offering exclusive ERP Software Solutions in Chennai crucial to the daily functioning of your industry/business.
Rescooped by Obinna Odenigbo from WHY IT MATTERS: Digital Transformation
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Netflix is Responsible for 15% of Global Internet Traffic and video generates most of the traffic via @Statista @MHalle

Netflix is Responsible for 15% of Global Internet Traffic and video generates most of the traffic via @Statista @MHalle | Innovation in Business | Scoop.it

This chart shows a distribution of worldwide downstream traffic, by web application in 2018.


Via Farid Mheir
Obinna Odenigbo's insight:
Incredible how video streaming is taking over the internet with Netflix in the first position and YouTube in third.
 
more...
Farid Mheir's curator insight, October 11, 9:41 AM

WHY IT MATTERS: I reported in 2015 that Netflix + YouTube accounted for 55% of web traffic. Their share is down only because the other streaming video services are growing. Also interesting from this chart that HTTP (good old web browsing), now only accounts for less than 10%. This means video is the medium of choice, cable TV is on it's way out (so expect more growth) and 5G mobile coverage will be in high demand when it becomes available soon...

2015 reference is here: http://fmcs.digital/blog/netflix-youtube-55-of-internet-traffic/ 

sales@thefutureof.report's curator insight, October 20, 7:34 AM
The future of Media requires more and better data infrastructure
 
Jayne Fenton Keane's curator insight, October 25, 6:23 PM
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How to use Tableau for financial planning to drive deeper business impact

How to use Tableau for financial planning to drive deeper business impact | Innovation in Business | Scoop.it
Image above does not depict real-world data Editor's note: Honeywell is a Fortune 100 and American multinational conglomerate that produces commercial and consumer products, engineering services and aerospace systems for diverse customers. They've used Tableau for more than two years to drive insightful analytics and a self-service reporting culture across the business. With partnership and Tableau adoption by finance, they’re experiencing greater productivity, seeing stronger financial performance with visibility into areas like inventory management, and reporting time has significantly reduced. We invited Senior Finance Director Joseph Majewski to share perspective about how Honeywell uses Tableau for stronger financial planning. Many professionals can relate to the scenario of business partners relying heavily on Finance to review data and produce quick answers (and sometimes with undesirable deadlines). Honeywell is no different. In fact, our CFO’s tell Finance employees, “You didn't go to school and become Finance professionals to develop manual, repetitive reports in Excel. And we don’t want you to. Instead, we want you to be focused on being better business partners, driving impactful analytics.” So, our adoption of Tableau has been key for me and others in Finance to stop the Excel gymnastics and capture, analyze and understand large amounts of data as we forge a stronger partnership with the business. There have been several “pilot” projects across our business groups utilizing Tableau to enhance the reporting and analytics experience for better outcomes and efficiencies. With support from our Honeywell CFOs, and even business Presidents, there have been numerous success stories the last two years. One such story was a pilot program that supported an inventory challenge where nearly $10 million in revenue was realized through data analysis tied to stranded inventory. The pilot and its success led to broader adoption by the Performance Materials and Technologies teams. To take a closer look at the adoption process, our Honeywell team went through a phased approach. We started with the introduction of new data and visualization for self-service, which gave the inventory team a chance to access and review data with new understanding. The project evolved by adding demand data to create action-oriented views and to support consumption by a wider audience in five different recurring meetings. Other critical elements used in the inventory project and leveraged in our Business Intelligence projects are: Projects should introduce new information or have the potential of demonstrating a significant amount of productivity. Analytics must be actionable…don’t just tell the what or why, but provide insights that help leaders make decisions and act. Iteration is key. We aren’t afraid to start small and we gather feedback that supports adoption. Under the leadership of our CFO, we’ve also created enterprise-wide, standard finance reports that mitigate Excel activity and foster self-service reporting. The reports provide standard summaries and key metrics that show performance at the end of each reporting period. With growing momentum, and over 25,000 users on Tableau Server, Honeywell Finance is continuously enhancing our position of being better business partners; driving insightful analytics daily that help the business groups make important, strategic decisions. Taking an analogy from the construction industry, my approach to business intelligence considers our Finance Systems teams as “framers.” We make data connections, acting as a liaison between finance and IT. Then functional finance, who are the subject matter experts, act as “finishers.” They handle the data and develop impactful analytics, the best of which become products put into standard use.
Obinna Odenigbo's insight:
Tableau gives you great insights into analytics in the business world, it also enables you to follow the global business trends.
 
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What you should expect to see change within biometric security in 2018

What you should expect to see change within biometric security in 2018 | Innovation in Business | Scoop.it
TechRepublic's Dan Patterson and Frances Zelazny of Biocatch discuss how biometric security is no longer just fingerprints scans and how the details of your tech usage can be used to stay secure.
Obinna Odenigbo's insight:
I never heard about behavioral biometrics, I think it has pros and cons. In my opinion, it will certainly take some time before this type of technology is incorporated into our daily drivers. What do you think?
 
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Five Reasons Why IoT Is Not Ready For Prime Time

Five Reasons Why IoT Is Not Ready For Prime Time | Innovation in Business | Scoop.it
IoT is here, but we are not ready to fully embrace it...
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What’s the Difference Between Innovation and Knowledge Transfer

What’s the Difference Between Innovation and Knowledge Transfer | Innovation in Business | Scoop.it
The internet was revolutionary in that it democratized the spread of information and ideas at a much faster rate than any other channel in.With the increased...
Obinna Odenigbo's insight:
If you are looking to innovate, you first have to know what innovations is. This short article gives you insights in the difference between innovation and knowledge transfer. Very interesting, i highly recommend it .
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New solar still claims near-perfect efficiency in purifying water

Access to clean water is one of the world's most pressing problems, but a team of University at Buffalo researchers has come up with a new take on an old technology that uses sunlight to purify water with what is claimed to be near-perfect efficiency.

Via Joel Barker
Obinna Odenigbo's insight:
With specialists saying that a "water conflict" might arise in the coming years, More technology like this is needed to prevent that.

 
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Joel Barker's curator insight, November 13, 1:16 PM

This will become increasingly important globally.  JB

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AI systems shed light on root cause of religious conflict

AI systems shed light on root cause of religious conflict | Innovation in Business | Scoop.it
Artificial intelligence can help us to better understand the causes of religious violence and to potentially control it, according to a new Oxford University collaboration. The study is one of the first to be published that uses psychologically realistic AI—as opposed to machine learning.

Via THE OFFICIAL ANDREASCY
Obinna Odenigbo's insight:
AI helping humans to understand humans?  
 
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Humans vs machines: AI and machine learning in cybersecurity | Security | Enterprise Innovation

Humans vs machines: AI and machine learning in cybersecurity | Security | Enterprise Innovation | Innovation in Business | Scoop.it
Is AI the answer to patching all the flaws in our security systems? Or is it making IT professionals redundant? Any future-proof business must consider the applications and implications of this techno-tsunami.

Via Charles Gerth
Obinna Odenigbo's insight:
AI, useful servant or dangerous master? What do you guys think?

 
 
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Rescooped by Obinna Odenigbo from Technology in Business Today
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Why Amazon reportedly wants to open 3,000 Automated Stores

Why Amazon reportedly wants to open 3,000 Automated Stores | Innovation in Business | Scoop.it
Why Amazon reportedly wants to open 3,000 Automated StoresAmazon will reportedly open 3,000 physical stores within three years. Some stores will carry a small number of groceries and others will carry prepared foods. Amazon has the advantage of drawing on the vast amount of data they collect from cu

Via TechinBiz
Obinna Odenigbo's insight:
90 percent of all retail sales happens offline. This is certainly one of the reasons Amazon wants to open more brick and mortar stores.
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Using Big Data for Racing Innovation | ORACLE TEAM USA

Using Big Data for Racing Innovation | ORACLE TEAM USA | Innovation in Business | Scoop.it
ORACLE TEAM USA uses big data technology and strategy to store and crunch the gigabytes of information captured during practice, trial runs, and races.
Obinna Odenigbo's insight:
Big Data and Analytics taking over. With a constant stream of data being put in the "cloud", I hope we can keep using all that information for the best.
 
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Lexar's JumpDrive Fingerprint F35 Flash Drive Keeps Files Safe

Lexar's JumpDrive Fingerprint F35 Flash Drive Keeps Files Safe | Innovation in Business | Scoop.it
Lexar has launched its new JumpDrive Fingerprint F35 USB 3.0 flash drive with up to 10 fingerprint IDs allowed to safeguard files well.

Via Skylly_W
Obinna Odenigbo's insight:
Biometrics, the future of identification!
 
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Why you need to start paying attention to Marketing AI now

Why you need to start paying attention to Marketing AI now | Innovation in Business | Scoop.it
If you’re not paying attention to what’s happening in the marketing AI space, and considering AI purchases for your next budget, you could find yourself at a significant competitive disadvantage.
Obinna Odenigbo's insight:
AI the future of Marketing. What do you guys think?
 
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These Tokens are the Worst Performing #Crypto in 2018: Factors and Trends. #CryptoTrading

These Tokens are the Worst Performing #Crypto in 2018: Factors and Trends. #CryptoTrading | Innovation in Business | Scoop.it
Investment consultation firm Pension Partners released an index listing the worst performing cryptocurrencies in 2018. Qtum, a cryptocurrency-backed

Via Lionel Gikonyo
Obinna Odenigbo's insight:
If you're looking to invest, invest wisely. These are the worst performing crypto.
 
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Lionel Gikonyo's curator insight, October 13, 7:31 AM

"Investment consultation firm Pension Partners released an index listing the worst performing cryptocurrencies in 2018."

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How Microsoft Needs to Innovate to Keep up with the Times

How Microsoft Needs to Innovate to Keep up with the Times | Innovation in Business | Scoop.it
Can Microsoft keep up with the times? How does Microsoft need to innovate? This post shows you some innovation strategy.

Via Skylly_W, Rania LASMAR, meule mans
Obinna Odenigbo's insight:
No matter how big the company, you can always innovate and get better.
 
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Marketing with Infographics

Marketing with Infographics | Innovation in Business | Scoop.it
Please download our “Marketing with Infographics” white paper.Whether you're just adding infographics to your marketing mix or you are looking to fine tune your creation process, this white paper will provide valuable information on:...
Obinna Odenigbo's insight:
If you are looking to increase your returns, marketing by using infographics could be a creative way to promote your business. 
 
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How 5G is critical to delivering IoT at scale

How 5G is critical to delivering IoT at scale | Innovation in Business | Scoop.it
At MWC Americas 2018, TechRepublic spoke with Sean Casey, Executive Director of Product Management at CSG, about why they believe 5G is critical to delivering IoT at massive scale.
Obinna Odenigbo's insight:
Without the availability of 5G, IoT on a broad scale isn' t possible. The technology to use IoT on a large scale is available, what we need now is bandwidth able to support this technology.
 
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