WHY IT MATTERS: Digital Transformation
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Engineers are exploring The Future of Design with 3D interaction via @leapmotion

SpaceX is exploring methods for engineers to accelerate their workflow by designing more directly in 3D. We are integrating breakthroughs in sensor and visua...
Farid Mheir's insight:

I have a leap motion device at home (via kickstarter!). It remains a toy on my desk as I have yet to find meaningful applications for the device in the information worker area. 


However this video shows very well how a simple 99$ device can completely transform the design process and product innovation.

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WHY IT MATTERS: Digital Transformation
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Summertime is good time to cleanup your #password: 5 Steps to Improve Your Online Security Now via @LastPass

Summertime is good time to cleanup your #password: 5 Steps to Improve Your Online Security Now via @LastPass | WHY IT MATTERS: Digital Transformation | Scoop.it

Want to beef up your security online? Use these five cybersecurity practices to keep your data, banking, and personal information safe. Take control today!

Farid Mheir's insight:

WHY IT MATTERS: recent security breaches highlight the importance of good passwords. This checklist can help you stay up to date and simply the task...

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Fabienne Fayad's curator insight, 19 July, 18:07
C'est une bonne idée de le faire!
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In depth study of #food #online #shopping in #Québec by @cefrio covers all aspects including #food #grocery #preparedMeals

In depth study of #food #online #shopping in #Québec by @cefrio covers all aspects including #food #grocery #preparedMeals | WHY IT MATTERS: Digital Transformation | Scoop.it

Le CEFRIO a voulu par cette recherche brosser un portrait de la situation québécoise actuelle en matière de commerce électronique alimentaire, et ce, dans le contexte où les grands détaillants annoncent des investissements importants pour mettre en place la distribution de leurs produits achetés en ligne.

Farid Mheir's insight:

WHY IT MATTERS: I launched IGA cybermarket August 1996 - 23 years ago soon - so this subject still fascinates me given that penetration remains very low. Reasons are clear: food is such an important item in your budget that price matter and few are ready to pay for the extra cost of online picking. But solutions are around the corner...

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State of #Retail 2019 by @Comscore highlights: #online = 24% of total retail sales slowing down, #mobile shopping is winner, #voice & #AR not yet part of mainstream, start holiday early this year

State of #Retail 2019 by @Comscore highlights: #online = 24% of total retail sales slowing down, #mobile shopping is winner, #voice & #AR not yet part of mainstream, start holiday early this year | WHY IT MATTERS: Digital Transformation | Scoop.it
2019 is shaping up to be a landmark year for the retail and ecommerce industries. Online spending continues to grow, retailers are experimenting with new voice technology, and an abbreviated holiday shopping season looms on the horizon. We invite you to join us on July 17, 2019 for our annua
Farid Mheir's insight:

WHY IT MATTERS: eCommerce now accounts for 1 in 4 total sales so everyone should use this as a benchmark ie. if you are not selling 25% online then you may be behind the ball (depends on your industry but a good benchmark). Also, if your site is not mobile focussed, you have to take steps to change that.

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What if companies had no employees? @TheEconomists proposes a hypothetical scenario for what *may* be in the year 2030

What if companies had no employees? @TheEconomists proposes a hypothetical scenario for what *may* be in the year 2030 | WHY IT MATTERS: Digital Transformation | Scoop.it

All jobs below C-suite level are to be reclassified. All those impacted will no longer be employees of IIM. Instead you will work for IIM on a contract basis. This change sounds scarier than it really is. It holds great benefits both for you and for IIM. The company will be able to respond more nimbly to a rapidly changing marketplace. We hope that you will continue to perform services for IIM on a contract basis, but you will also have the opportunity to work and earn elsewhere. If you have any questions, please ask Irma, our human-resources chatbot.

Farid Mheir's insight:

WHY IT MATTERS: recent studies about the future of work are full of data projections but this article puts it all in context with a hypothetical scenario of a director in a private equity firm in year 2030 that learns that her organization is shifting to a new model where employees all become contractors...

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The 15 Best Retail Blogs to Add to Your Reading List via @LightSpeed

The 15 Best Retail Blogs to Add to Your Reading List via @LightSpeed | WHY IT MATTERS: Digital Transformation | Scoop.it

As the retail industry continues to be disrupted by emerging technologies and shifting consumer behavior, how do you keep up? One of the first steps is to keep up to date with the latest innovations and trends that will transform how you start, market, manage, and grow your business in 2019 and beyond.

We’ve put together a list of our favorite retail blogs on the internet and outlined the subjects each of them covers. We’ve selected blogs based on their industry expertise, the volume of content they publish, and how actionable their content is.

The 15 best retail blogs that every retailer needs to add to their reading list. Convince and convert. Retail Dive. Insider Trends. Retail Wire. Harvard Business Review. TechCrunch. Lightspeed Blog. The Retail Doctor. The National Retail Federation. Medallion Retail. Forrester Retail. Hubspot Blog. Retail Design Blog. Neil Patel Blog.

Farid Mheir's insight:

WHY IT MATTERS: this is a great reference to make part of your weekly reading list.

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What year is it again? Sure feels like the 1999 #dotcom bubble all over again - thanks to Annie Thabet & Claret

What year is it again? Sure feels like the 1999 #dotcom bubble all over again - thanks to Annie Thabet & Claret | WHY IT MATTERS: Digital Transformation | Scoop.it

Is this 1999?  It sure feels like it...

It seems to us that profitless companies seem to be back in vogue. Recently, companies like Uber and Lyft have gone public with very disruptive business models but no profit in sight. At best, profit might come a long way down the road. Yet they are given market valuations at levels that suggest a wildly profitable business model.

Farid Mheir's insight:

WHY IT MATTERS: for digital transformation, this post does not matter because digital transformation will continue for years to come because the fundamentals are good: new tech that solves a real problem, cost reduction, better customer experience, more flexibility, more features, etc. Fundamentals are also great for Machine Learning (AI) and blockchain because they truly represent milestones in the evolution of digital technologies, like HTTP did during the dotcom era.

Many companies will burst as the current bubble bursts (digital bubble? AI bubble? Blockchain bubble?), as did pet.com and Webvan in 2001. Yet, the same way Amazon & Google survived the downturn to emerge bigger and better, companies with crazy valuations today but with proper business models will survive this one. So go back to looking at the leaders behind those companies and determine if they can lead their ship past the disturbances that are bound to come with a bubble burst...

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ZORINS TECHNOLOGIES's curator insight, 16 July, 10:02

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Millions of activations from an image classification #AI #neuralNetwork has created an "Activation Atlas" that shows how it analyzes an image to make sense of it - akin to looking "into" someone's ...

Millions of activations from an image classification #AI #neuralNetwork has created an "Activation Atlas" that shows how it analyzes an image to make sense of it - akin to looking "into" someone's ... | WHY IT MATTERS: Digital Transformation | Scoop.it

By using feature inversion to visualize millions of activations from an image classification network, we create an explorable activation atlas of features the network has learned which can reveal how the network typically represents some concepts.

Farid Mheir's insight:

WHY IT MATTERS: this very technical paper provides some easy to understand visualizations of the way a neural network analyzes images...

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Amazon rolls out AR lipstick try-ons via L'Oréal's ModiFace - Could it be that #AR killerApp is more about enhancing other apps than being an app on its own... #retail #ecommerce

Amazon rolls out AR lipstick try-ons via L'Oréal's ModiFace - Could it be that #AR killerApp is more about enhancing other apps than being an app on its own... #retail #ecommerce | WHY IT MATTERS: Digital Transformation | Scoop.it

L'Oréal is bringing its artificial intelligence (AI) technology to Amazon, which for the first time will give its mobile shoppers a chance to virtually try on makeup before buying. ModiFace, the developer of technology for the beauty industry that L'Oréal acquired last year, is providing digital demonstrations of lipstick shades using augmented reality (AR), according to a company announcement.

Farid Mheir's insight:

WHY IT MATTERS: always in search of the killer app, looks like AR is actually something that you embed into something else (here to sample lipstick in Amazon retail, there to correct the eyes in Apple facetime) rather than something you do on its own (think pokemon GO). Hmmm... 

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Meet the #AI Landlord That’s Building a Single-Family-Home Empire using #BigData + #AI + #humans

Meet the #AI Landlord That’s Building a Single-Family-Home Empire using #BigData + #AI + #humans | WHY IT MATTERS: Digital Transformation | Scoop.it

Finding shabby abodes like these and making them respectable is the load-bearing wall of Amherst’s strategy. Amherst depends on humans to find cities, towns, and neighborhoods where fixer-uppers can become profitable, then relies on automation to pick individual homes. Negri, 31, heads the human team. He spends 150 days a year on the road overseeing Main Street ­Renewal’s operations from Atlanta to Denver, searching for “sweet spot” neighborhoods that combine affordable rents with a strong middle-income employment base.

Farid Mheir's insight:

WHY IT MATTERS: AI and big data applied to home improvement and renovation.

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The business value of design via @McKinsey

The business value of design via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

How do the best performers increase their revenues and shareholder returns at nearly twice the rate of their industry counterparts? The value of design comes from top management rigor, company-wide teamwork, rapid iteration, and relentless user-centricity.

Farid Mheir's insight:

WHY IT MATTERS: design has been made popular in recent years and design thinking approach has made the process easier to apply. This article from McKinsey provides insights into 4 core elements that organization should put forward when focussing on design.

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How LinkedIn determines the jobs you see in your feed is a description of the advanced #AI models that maximize the chance of finding job candidates in a Community-Focused Feed Optimization via Lin...

How LinkedIn determines the jobs you see in your feed is a description of the advanced #AI models that maximize the chance of finding job candidates in a Community-Focused Feed Optimization via Lin... | WHY IT MATTERS: Digital Transformation | Scoop.it

This post focuses on one important aspect of  the machine learning at Linkedin’s feed: candidate selection. Before final fine feed ranking, a personalized candidate generation algorithm is applied to tens of thousands of feed updates to select a diverse and unique candidate pool. We describe the machine learning models applied in candidate generation and the infrastructure capabilities that support accurate and agile model iterations.

Farid Mheir's insight:

WHY IT MATTERS: a technical oriented detailed description of the algorithm that LinkedIn uses to select which jobs to place in your feed.

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How @Amazon spins the use of its warehouse #robots: The story behind Amazon's next generation robot & New robots new jobs show the central role robots play in its operations and show that it create...

How @Amazon spins the use of its warehouse #robots: The story behind Amazon's next generation robot & New robots new jobs show the central role robots play in its operations and show that it create... | WHY IT MATTERS: Digital Transformation | Scoop.it

At Amazon, inventors are patenting their ideas and seeing their inventions come to life.

Farid Mheir's insight:

WHY IT MATTERS: reminds me of the joke: "Only one man and one dog are needed in a warehouse of the future. The dog is there to keep humans away from the place. The human is there to feed the dog." 

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5 principles for #cloud-native architecture—what it is and how to master it via @GoogleCloudPlatform

5 principles for #cloud-native architecture—what it is and how to master it via @GoogleCloudPlatform | WHY IT MATTERS: Digital Transformation | Scoop.it

Learn to maximize your use of Google Cloud by adopting a cloud-native architecture.

Farid Mheir's insight:

WHY IT MATTERS: the cloud has profoundly changed the way we do things. Here are very good article on the cloud-native architecture, what it should be. Take note an apply to your own architecture whenever possible.

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Main Street Renewal Is Using A.I. to Build a Single-Family-Home Empire #AI-everwhere

Main Street Renewal Is Using A.I. to Build a Single-Family-Home Empire #AI-everwhere | WHY IT MATTERS: Digital Transformation | Scoop.it

Amherst Holdings CEO Sean Dobson made a fortune in the housing crash. Now he's profiting from properties that most investors wouldn’t touch.

Farid Mheir's insight:

WHY IT MATTERS: often people wonder why AI is such a big thing. The reason is simple: it will impact *Everything*. This story is about using data and AI to drastically change the home renovation business. Can't get more low tech than that...!

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Brand #marketing in the age of machine learning = performance marketing => marketers will become #dataScientists or die... 

Brand #marketing in the age of machine learning = performance marketing => marketers will become #dataScientists or die...  | WHY IT MATTERS: Digital Transformation | Scoop.it

In the near future, all media buying will be automated. Being good at buying media will no longer be a competitive advantage.

Based on my research and work I’m doing with some of the top CMOs in the world, here are my bold predictions for what advertising will look like in Canada by 2025:

  • Bold prediction #1: Because of the continuing shift to online advertising, rapid improvements in Machine Learning (ML), and the rise of programmatic, almost all media buying will be digitized and fully automated.
  • Bold prediction #2: Driven by this digitization, most paid ads—across most channels—will be measurable and optimizable in real time.
  • Bold prediction #3: This will transform brand marketing, which will start to look a lot more like performance marketing.
Farid Mheir's insight:

WHY IT MATTERS: if you went into marketing because you did not like math or science, well I think the future will be very very painful... ;-)

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Retail 2030 from @CBRE suggests 42 trends that may shape the #futureOfRetail- as expected #AI #technology #robots play a big part but so do changes in consumer habits and environment conciousness H...

Retail 2030 from @CBRE suggests 42 trends that may shape the #futureOfRetail- as expected #AI #technology #robots play a big part but so do changes in consumer habits and environment conciousness H... | WHY IT MATTERS: Digital Transformation | Scoop.it

The retail industry is rewriting the laws of physics. Change is coming at an ever faster rate each year and 2030 will be upon us before we know it. Explore the world in 2030 and the future of retail 2030.  

Farid Mheir's insight:

WHY IT MATTERS: the report is not available for free but the 42 slide summary is a great overview of key trends that are presented with observations and outcome.

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A technology blueprint for personalization at scale highlights the crucial role of data centralization and management via @McKinsey

A technology blueprint for personalization at scale highlights the crucial role of data centralization and management via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

The technology to unlock the value of personalization at scale is readily available, and you may be surprised how much of it you already have in place. You don’t need to tackle everything at once. Develop a road map with regular stage gates to evaluate platform progress based on the trade-off between value at stake and ease of implementation. Identify and prioritize quick wins that make it easy for the organization to continue funding the transformation.

Farid Mheir's insight:

WHY IT MATTERS: personalization of products and services requires 3 key ingredients that are data-driven: customer database, identity management and data management.

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Technology and Data play a major role for personalization at scale via @McKinsey

Technology and Data play a major role for personalization at scale via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Personalization at scale relies on an organization’s ability to orchestrate the 4Ds—Data, Decisioning, Design, and Distribution. Addressing the technology in each of these Ds is the key to unlocking the full power of personalization.

Farid Mheir's insight:

WHY IT MATTERS: personalization of products and services is a data-driven process.

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Jeffery Parham's curator insight, 4 July, 15:30

WHY IT MATTERS: personalization of products and services is a data-driven process.

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Personalization at scale will bring tremendous value to many industries, #retail and #insurance in particular via @McKinsey

Personalization at scale will bring tremendous value to many industries, #retail and #insurance in particular via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Personalization is a crucial weapon in the marketer’s arsenal to achieve that goal. That’s how businesses can deliver tailored recommendations, content, offers, and experiences, across all channels and devices, along the entire customer journey. Personalization at scale has the potential to create $1.7 trillion to $3 trillion in new value (Exhibit 1). Capturing this value will require mastering the technologies and addressing the organizational disconnects—all while forging trust with customers and protecting their data.

Farid Mheir's insight:

WHY IT MATTERS: personalization of products and services - for example to give bigger coupons to most valuable customers or pricing insurance premiums more accurately based on risk and behavior - should not be seen as a marketing trend or an expense but rather as a revenue generator.

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Six governing considerations to modernize marketing highlight one key message: focus on #people & #ChangeManagement as the impact of #technology in #digitalTransformation impacts up to 40% of marke...

Six governing considerations to modernize marketing highlight one key message: focus on #people & #ChangeManagement as the impact of #technology in #digitalTransformation impacts up to 40% of marke... | WHY IT MATTERS: Digital Transformation | Scoop.it

Legacy structures and operations are keeping companies from taking full advantage of technology to modernize marketing.

Farid Mheir's insight:

WHY IT MATTERS: digital transformation often is sparked by technology improvements - Big Data, advanced analytics, AI. Marketing has been affected profoundly by what is called marTech but this article highlights that successful transformations require an attention to people, skills, roles, work organization, and change management. Based on my experience I believe this applies to many other departments in the organization when faced with similar technological revolution.

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48 #marketing #technology stacks illustrated for the 2019 #MarTech Stackies help grasp the products in use in large organizations but fail to carry much more than a beautiful picturer #weNeedMoreDe...

48 #marketing #technology stacks illustrated for the 2019 #MarTech Stackies help grasp the products in use in large organizations but fail to carry much more than a beautiful picturer #weNeedMoreDe... | WHY IT MATTERS: Digital Transformation | Scoop.it

For the 5th year, we've run The Stackies Awards, where marketers send in a single slide that illustrates their 'stack' — the collection of marketing technology tools they use and how they conceptualize them together. We received 48 entries this year, and some truly incredible ones. Airstack graciously sponsored the awards this time. And, as promised, we've gladly made a donation of $4,800 to Girls Who Code on behalf of the 48 entrants ABinBev, Airstream, Alliant Credit Union, Artemis Health, BraunAbility, Esri, G Adventures, Juniper Networks, Lola, Nationwide Advisory Solutions, Paychex, Racing Post, Sargento Foods, The Telegraph, Tennant, and the

Farid Mheir's insight:

WHY IT MATTERS: I recommend a good read of this year's awards for marketing technology stack. I must however warn that the illustration - while beautiful - fail to carry as much information as they should to pick best from worst. How are they connected? What is the cost to acquire and maintain? How is security and privacy ensured? etc. etc. I would urge a more in depth review of the winning solutions to help grasp what it really means to be marTech best in class in 2019.

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All the data #self-driving cars take in from cameras looks like this- and the Webviz tool to visualize it is now open-source: will this lead to faster adoption of self-driving car technology?

Robo-cars are picking up everything its sensors see, hear, and detect. So to corral all this information, Cruise — through a hackathon event — created an open-source data visualization platform called Webviz. Other autonomous vehicle companies offer different aspects of the self-driving process, like Baidu's Apollo open-source autonomous driving platform. Now Cruise is opening up its application for anyone who works with robotics.

Farid Mheir's insight:

WHY IT MATTERS: interesting to see all the data self-driving cars process. More interesting though is that tools and technologies required to make self-driving cars, trucks and other vehicles is becoming more readily available which should spark an even faster adoption cycle.

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Hundreds of profiles by industry and geographic regions are available in the 167 page future of jobs report by World Economic Forum @WEF

Hundreds of profiles by industry and geographic regions are available in the 167 page future of jobs report by World Economic Forum @WEF | WHY IT MATTERS: Digital Transformation | Scoop.it

The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others.

Farid Mheir's insight:

WHY IT MATTERS: this report provides hundreds of profiles by industry and regions to analyze the impact pf digital technologies on different areas. Great reference. Must read.

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New core work-related skills of the future will rely heavily on social + technical skills: if you are studying, consider a double certificate via @WEF World Economic Forum report on future of jobs

New core work-related skills of the future will rely heavily on social + technical skills: if you are studying, consider a double certificate via @WEF World Economic Forum report on future of jobs | WHY IT MATTERS: Digital Transformation | Scoop.it

The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others.

Farid Mheir's insight:

WHY IT MATTERS: future of work will see many existing jobs disappear and new jobs appear. Workers will require resilience and capability to adapt and embrace the new roles, which will require social and technical skills. Get ready!

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167 page report on the future of jobs by World Economic Forum @WEF brings insights into what work will look like, who will be impacted

167 page report on the future of jobs by World Economic Forum @WEF brings insights into what work will look like, who will be impacted | WHY IT MATTERS: Digital Transformation | Scoop.it

The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others.

Farid Mheir's insight:

WHY IT MATTERS: this in depth report provides detailed analysis of the potential impact of digital technologies, including AI, on the job market. In a nutshell, pretty much everybody will be impacted and the best way to stay relevant is to combine technology with human social skills.

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