WHY IT MATTERS: Digital Transformation
186.4K views | +20 today
Follow
WHY IT MATTERS: Digital Transformation
Get weekly or monthly digest of all posts in your inbox: https://fmcs.digital/wim-subscribe
Curated by Farid Mheir
Your new post is loading...
Scooped by Farid Mheir
Scoop.it!

Gartner Magic Quadrant for Full Life Cycle API Management reminds us that integrating different solutions has become the name of the game in #digitalTransformation

Gartner Magic Quadrant for Full Life Cycle API Management reminds us that integrating different solutions has become the name of the game in #digitalTransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

API usage, and the need to govern it, is increasing rapidly driven by remote working, platforms, ecosystems, innovations, digital transformations and regulations. Application leaders should use this Magic Quadrant to find the right API life cycle management vendor for their organization’s needs.

Farid Mheir's insight:

WHY IT MATTERS: integrating different systems, especially in the context of cloud-based SaaS solutions, has become the biggest requirement of large system developments in recent digital transformation. For example, it is now common to connect eCommerce systems with CRM, ERP, web and marketing automation solutions. Some come already pre-integrated via extensive marketplaces like that of Shopify. Other solutions and platforms merely expose their API and let others do the connexion. This is where API management becomes essential. Other use case exist.

As with most Gartner MQ, skip the reviews and jump to the market overview and criterias to find out what should be considered in your API tool selection.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

Evolving the enterprise architect role for a digital world via @McKinsey points in the right direction but misses the target: EA is not a ROLE but a PRACTICE that many in the organization should ma...

Evolving the enterprise architect role for a digital world via @McKinsey points in the right direction but misses the target: EA is not a ROLE but a PRACTICE that many in the organization should ma... | WHY IT MATTERS: Digital Transformation | Scoop.it

Enterprise architects still have an important role to play at large incumbents, but they need to evolve in three ways.

Farid Mheir's insight:

WHY IT MATTERS: McKinsey is right to highlight the importance of enterprise architecture in the digital world.

Where they miss the boat in their analysis is that EA is not a ROLE but rather a PRACTICE that many people in the organization should master.

EA provides the tools and methodologies to analyze complex options and determine the most appropriate one. EA looks at business plan, capabilities, data, systems, infrastructure, security and governance required to determine the people, process and technologies needed to deliver value.

They say it best in the article when they suggest to 'Build an architecture mindset across the company" and demand that Enterprise Architects - if such role & title remains relevant - need to work on their soft skills and get their hands dirty.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

11 Essential Marketplace Best Practices from large retailers who've done it #eCommerce @Gartner @Mirakl

11 Essential Marketplace Best Practices from large retailers who've done it #eCommerce @Gartner @Mirakl | WHY IT MATTERS: Digital Transformation | Scoop.it

Download the definitive guide to enterprise marketplace success, as told by the leading organizations that exemplify them.

Farid Mheir's insight:

WHY IT MATTERS: always good to know from those who've been there before. Remember this is an infomercial from Mirakl so sprinkle with lots of salt before reading and making decisions based on this report ;-)

No comment yet.
Scooped by Farid Mheir
Scoop.it!

11 Imperatives When Building an Enterprise Marketplace  @Gartner @Mirakl #eCommerce 

11 Imperatives When Building an Enterprise Marketplace  @Gartner @Mirakl #eCommerce  | WHY IT MATTERS: Digital Transformation | Scoop.it

In this report, Gartner explains the role of marketplace solutions and describes 11 technical and operational imperatives for organizations to consider.

Farid Mheir's insight:

WHY IT MATTERS: marketplaces are the new way to eCommerce. They are the same but yet so different. This is a good starting place to know why.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

What is Artificial Intelligence & explaining it from different dimensions #AI #infographics

What is Artificial Intelligence & explaining it from different dimensions #AI #infographics | WHY IT MATTERS: Digital Transformation | Scoop.it

Demystifying and providing a big picture view of Artificial Intelligence. Also discuss how AI encompasses and includes machine learning, deep learning, NLP, speech recognition, image recognition etc.

Farid Mheir's insight:

WHY IT MATTERS: nice one pager summary of key AI concepts, in particular everything around devOps for AI. Warning: this is circa 2017, so key areas are a bit dated.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

The cause of #technicalDebt and solutions to reduce it - a very useful starting point

The cause of #technicalDebt and solutions to reduce it - a very useful starting point | WHY IT MATTERS: Digital Transformation | Scoop.it

In this article, we take a close look at the causes and types of technical debt, as well as the best ways to pay the technical debt.

Farid Mheir's insight:

WHY IT MATTERS: technical debt is an important concept to understand and this guide provides a clear overview of the source and solutions for managing technical debt.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

50 Cognitive Biases to be Aware of so You Can be the Very Best Version of You

50 Cognitive Biases to be Aware of so You Can be the Very Best Version of You | WHY IT MATTERS: Digital Transformation | Scoop.it

The human brain is pretty tricky: While we think we know things, there’s a whole list of cognitive biases that can be gumming up the works.

Farid Mheir's insight:

WHY IT MATTERS: always good to know these things.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

look ma, no hands! How to process half a million records without any servers on AWS #EDA

look ma, no hands! How to process half a million records without any servers on AWS #EDA | WHY IT MATTERS: Digital Transformation | Scoop.it

In this article, I’ll walk you through the architecture of processing big records files within AWS services.

Farid Mheir's insight:

WHY IT MATTERS: this short example shows how far we've come with serverless and event-drive architectures in the cloud, enabling complex processing as a pipeline of small operations. For old dudes like me this is a throwback to the command line pipelines we used to make in Un*x way back when. It makes for very resilient solutions, once you debug the flow. Should be used more often.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

July 13: summer is officially over...according to Apple! I believe in marketing automation and proper planning of marketing campaigns but they should review their timing, no?

Apple email

Farid Mheir's insight:

WHY IT MATTERS: July 13 and already we are being pushed back to school specials. That should not happen before August. something like no christmas decorations before December. Arrgghh.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

Visual search is holy grail for eCommerce: show a picture of a product and get recommendations - Facebook has been testing #grokNet with mitigated results #AI

Visual search is holy grail for eCommerce: show a picture of a product and get recommendations - Facebook has been testing #grokNet with mitigated results #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

Our latest AI advancements represent fundamental building blocks that could power entirely new future shopping experiences.

  • Facebook AI is on a quest to build the world’s largest shoppable social media platform, where billions of items can be bought and sold in one place.

  • As a key milestone toward this goal, we’re sharing details on how we’ve improved and expanded GrokNet, our breakthrough product recognition system. Now, it’s powering new applications on Facebook, like product tagging and showing visually similar products. Soon, we’ll bring visual search to Instagram so that people find similar products just by tapping on an image.

  • We’re also diving into our latest advancements, which provide a deeper, more nuanced understanding of product attributes and multimodal signals. These advancements collectively represent fundamental building blocks that could power entirely new shopping innovations of the future.

Farid Mheir's insight:

WHY IT MATTERS: as marketplaces become popular, finding a specific product in a catalog of millions of products will become harder and harder. The holy grail is visual search: snap a picture of something and get some AI to help you find something similar, or that matches well with that. eBay has made tests, Google lens has returned amazing results in my recent experience. Not sure what Amazon is doing but I assume it is top of their list.

Facebook is a major player in this game as it wants to make marketplace the shopping destination (don't forget it owns instagram as well). So the investment in grokNet is critical and recent results appear promising, though not yet perfect. 

So if you build a marketplace, as we are for panier bleu, then this is an area of innovation we cannot afford to bypass.

phantommachinery001@gmail.com's curator insight, July 10, 2:12 PM
kodak harri's curator insight, July 11, 9:04 PM
https://comprarcartaconducao.com/ https://comprarcartaconducao.com/comprar-carta-de-conducao-verdadeira/ https://comprarcartaconducao.com/contate-nos/ https://comprarcartaconducao.com/f-a-qs/ https://comprarcartaconducao.com/kob-korekort/ https://comprarcartaconducao.com/servicos/ https://comprarcartaconducao.com/sobre-nos/ https://comprarcartaconducao.com/comprar-imt-carta-conducao/ https://comprarcartaconducao.com/comprar-carta-de-conducao-portugal/ https://comprarcartaconducao.com/comprar-carta-de-conducao-lisboa/ https://rijbewijskopenbetrouwbaar.com/scooter-rijbewijs-kopen/ https://rijbewijskopenbetrouwbaar.com/rijbewijs-b-kopen/ https://rijbewijskopenbetrouwbaar.com/rijbewijs-kopen-belgie/ https://rijbewijskopenbetrouwbaar.com https://rijbewijskopenbetrouwbaar.com/over-ons/ https://rijbewijskopenbetrouwbaar.com/diensten/ https://rijbewijskopenbetrouwbaar.com/neem-contact-op/ https://kobkorekort.com/kob-rigtigt-korekort/ https://kobkorekort.com/kob-korekort-b/ https://kobkorekort.com/f-a-qs/ https://kobkorekort.com https://kobkorekort.com/kontakt-os/ https://kobkorekort.com/om-os/ https://kobkorekort.com/kob-korekort-uden-eksamen/
Scooped by Farid Mheir
Scoop.it!

"oups I thought you'd be on site" to become a common meeting starting phrase - Indicate whether you’ll join a meeting virtually or in person on Google Calendar #longTermCovidImpacts

"oups I thought you'd be on site" to become a common meeting starting phrase - Indicate whether you’ll join a meeting virtually or in person on Google Calendar #longTermCovidImpacts | WHY IT MATTERS: Digital Transformation | Scoop.it

With this update, you can indicate how you plan to join a meeting - in the meeting room, or virtually. 

Farid Mheir's insight:

WHY IT MATTERS: I don't do news but this one strikes me as interesting and I expect many other changes related to covid that will make their way into our daily lives. Here, indicating you'll be on site or remote for a meeting will become essential (happened to me yesterday - "oups I thought you'd be on site"...)

Scooped by Farid Mheir
Scoop.it!

How tech will revolutionize #retail via @McKinsey is a realistic viewpoint on the "late follower" mentality of most retailers with a constant focus of the bottom line #realityCheck

How tech will revolutionize #retail via @McKinsey is a realistic viewpoint on the "late follower" mentality of most retailers with a constant focus of the bottom line #realityCheck | WHY IT MATTERS: Digital Transformation | Scoop.it

The retailer of the future will harness the power of data, quantum computing, artificial intelligence, and augmented reality, says serial entrepreneur and technology expert John Straw.

Farid Mheir's insight:

WHY IT MATTERS: warning! this article is not about your typical "robots will rule retail" or "everything has to be AI driven unless you die". Well, in some parts it is.

The reality check that retailers - and their technology vendors - must make is: retail is difficult, focused on the bottom line, with no appetite for innovation with short term results. Retail innovators must find a way to experiment while staying focussed on the bottom line.

Best quote: "‘I think the majority of the problems come from the unwillingness, perhaps the fear, of investing in something that
doesn’t automatically bring a load of cash onto your balance sheet."

Scooped by Farid Mheir
Scoop.it!

Comparing Operations Experience in US Retail by @ParcelLabs is an analysis of thousands of orders to understand reality of #eCommerce #logistics - spoiler free delivery is a myth with 92% of retail...

Comparing Operations Experience in US Retail by @ParcelLabs is an analysis of thousands of orders to understand reality of #eCommerce #logistics - spoiler free delivery is a myth with 92% of retail... | WHY IT MATTERS: Digital Transformation | Scoop.it

In-depth analysis of the post-sales experiences provided by US retailers to establish best practices, common mistakes, and opportunities to outperform competitors.

Farid Mheir's insight:

WHY IT MATTERS: free delivery appears to be a myth based on this analysis from parcelLabs. And in-store pickup is the most popular option. Is this because customers really prefer to pay for delivery or go to the store? - or because the pick-pack-delivery-return costs are too high and as they come down with economies of scale, customers will naturally pick the free delivery option, as they do with Amazon?

No comment yet.
Scooped by Farid Mheir
Scoop.it!

11 important lessons about managing a hybrid workplace @qz Quartz at Work

11 important lessons about managing a hybrid workplace @qz Quartz at Work | WHY IT MATTERS: Digital Transformation | Scoop.it

We've learned a lot in our first month operating a hybrid office, and wanted to share those lessons for managers and executives thinking through similar questions right now.

Farid Mheir's insight:

WHY IT MATTERS: the subject on everybody's lips is how to manage the return to work in a mixed mode setting. Love to hear from actual experiences of actuals businesses, not just some theoretical construction.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

Piranha: Reducing Feature Flag Debt @Uber is a reminder that software development requires methods and processes to be efficient #technologyDebt #softwareEngineering

Piranha: Reducing Feature Flag Debt @Uber is a reminder that software development requires methods and processes to be efficient #technologyDebt #softwareEngineering | WHY IT MATTERS: Digital Transformation | Scoop.it

This talk describes experiences with building and deploying Piranha, an automated code refactoring tool to delete code corresponding to stale feature flags. The Piranha workflow has been used continuously at Uber since early 2018 to help delete more than 4K stale flags (> 200KLoC) across Java, ObjectiveC, and Swift code.

Farid Mheir's insight:

WHY IT MATTERS: interesting to read the report associated with this infoQ talk to understand the level of complexity that large software solution have and the methods and tools devised to reduce technology debt that creeps over time.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

Belle lancée pour Envoi Montréal, le service de livraison urbain et écolo - bike and electric delivery solutions are essential component of #eCommerce

Belle lancée pour Envoi Montréal, le service de livraison urbain et écolo - bike and electric delivery solutions are essential component of #eCommerce | WHY IT MATTERS: Digital Transformation | Scoop.it

Depuis son lancement en novembre 2020, Envoi Montréal a permis aux commerces montréalais d’expédier pas moins de 55 000 colis, dont une bonne proportion sans émission de dioxyde de carbone (CO2). La plateforme procure aux commerçants locaux de toute l’île des tarifs réduits ainsi qu’un accès centralisé à une offre d’expédition complète. Près de 350 commerces ont déjà adopté ce service, économique et soucieux de l’environnement.

Farid Mheir's insight:

WHY IT MATTERS: delivery is expensive and contributes to pollution. Last mile delivery alternatives are essential to make eCommerce efficient and eco-friendly. This project in Montreal is a great way to start in that direction.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

The Strangler Fig Application #pattern is a great analogy for most digital transformations: it is easier + faster + cheaper to grow a new solution that replaces the old one than do a complete rip-n...

The Strangler Fig Application #pattern is a great analogy for most digital transformations: it is easier + faster + cheaper to grow a new solution that replaces the old one than do a complete rip-n... | WHY IT MATTERS: Digital Transformation | Scoop.it

The most important reason to consider a strangler fig application over a cut-over rewrite is reduced risk. A strangler fig can give value steadily and the frequent releases allow you to monitor its progress more carefully. Many people still don't consider a strangler fig since they think it will cost more - I'm not convinced about that. Since you can use shorter release cycles with a strangler fig you can avoid a lot of the unnecessary features that cut over rewrites often generate.

Farid Mheir's insight:

WHY IT MATTERS: Martin Rousseau highlighted this pattern recently. It represents what we've been doing for years in our practice. Case in point. You need a new eCommerce solution but there is an existing one, integrated with the ERP for years. Full of limitations, yet it works. Impossible to support the new use cases without huge investments and delays. Rip-n-replace is expensive and dangerous, plus you have to keep operating during the 9 to 18 months you build the new one.

This pattern suggests you should build a new solution quickly that leverages extensively the old one and the ERP and the systems in place. Then over time replace parts so that over the course of 3-4 years the old systems can be taken out without pain.

 

It takes an *exceptional* manager to put this solution forward and corry its execution over time though. Biggest challenge IMHO.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

Nike's direct-to-consumer sales are taking off because Nike has put in the effort to become a retailer, on top of being a manufacturer and distributor #notthesamebusiness #DTC #eCommerce HT @carlBo...

Nike's direct-to-consumer sales are taking off because Nike has put in the effort to become a retailer, on top of being a manufacturer and distributor #notthesamebusiness #DTC #eCommerce HT @carlBo... | WHY IT MATTERS: Digital Transformation | Scoop.it

The company is successfully rebalancing the share of its business coming from wholesale and direct-to-consumer sales.

Farid Mheir's insight:

WHY IT MATTERS: yes, Nike made bold moves because when it comes to implementing the people+process+tech of a DTC plan, manufacturers and distributors have to step up their game and learn to become retailers, which IMHO is their greatest challenge. Easy to say you want to own the customer relationship but when your whole organization and systems are geared to making distribution efficiency, you have to build new skills, which often is minimized by the management in their DTC business plan...

 

Side note: I love QZ articles - short, with impactful metrics and links at the end. A model to follow. 

No comment yet.
Scooped by Farid Mheir
Scoop.it!

Impact of covid: #eCommerce is 46% of all apparel sales. Impact of #marketplace: 38% of online apparel sales is Amazon!

Impact of covid: #eCommerce is 46% of all apparel sales. Impact of #marketplace: 38% of online apparel sales is Amazon! | WHY IT MATTERS: Digital Transformation | Scoop.it

Online apparel sales accounted for 46.0% of total U.S. apparel sales in 2020 and grew faster than in previous years.

Farid Mheir's insight:

WHY IT MATTERS: almost half of all clothes sold in the US are sold online, and more than one third of those are sold on Amazon. The impact of eCommerce and marketplace on retail is real and mainstream.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

Rainy day project : build a Progressive Web App #PWA

Rainy day project : build a Progressive Web App #PWA | WHY IT MATTERS: Digital Transformation | Scoop.it

Websites that took all the right vitamins.

Farid Mheir's insight:

WHY IT MATTERS: because it rains and this is fun.

No comment yet.
Scooped by Farid Mheir
Scoop.it!

How tech will revolutionize retail highlights key elements and provides good jumping of points to more info via @McKinsey #retailTech

How tech will revolutionize retail highlights key elements and provides good jumping of points to more info via @McKinsey #retailTech | WHY IT MATTERS: Digital Transformation | Scoop.it

The retailer of the future will harness the power of data, quantum computing, artificial intelligence, and augmented reality, says serial entrepreneur and technology expert John Straw.

Farid Mheir's insight:

WHY IT MATTERS: technology is the last frontier for retail as the sector has failed to make investments in recent years, staying with more traditional store design. Now this is not possible anymore and this article from McKinsey highlights key elements with more info links.

Scooped by Farid Mheir
Scoop.it!

The Forrester Wave on Product Information Management is important as the rise of #ecommerce #marketplaces forces retailers to distribute their catalog in many many different places Q2 2021 #PIM #re...

The Forrester Wave on Product Information Management is important as the rise of #ecommerce #marketplaces forces retailers to distribute their catalog in many many different places Q2 2021 #PIM #re... | WHY IT MATTERS: Digital Transformation | Scoop.it

In our 15-criterion evaluation of product information management (PIM) providers, we identified the 10 most significant ones — Akeneo, Contentserv, IBM, Informatica, inRiver, Riversand, Salsify, Stibo Systems, Syndigo, and Winshuttle — and researched, analyzed, and scored them. This report shows how each provider measures up and helps eBusiness professionals select the right one for their needs.

Farid Mheir's insight:

WHY IT MATTERS: the future of ecommerce lies in marketplaces it seems - I know as we are knee deep in this for Le Panier Bleu. Retailers face the challenging task of creating their eCommerce presence by being present where customers are. This means your product catalog has to be visible on *multiple* marketplaces, from your ecom store to Panier bleu, to Amazon to Google shopping, etc. Thus you need to manage your product information - descriptions, prices, inventory, etc. - in a central location. This is what a PIM is all about.

Scooped by Farid Mheir
Scoop.it!

The economics of #silicon: the cost to build chips is stratospheric: 250M$+ in design, 2B$+ in fabrication costs. Few cos. can afford to build their own HT @competia EstelleMetayer for the find

The economics of #silicon: the cost to build chips is stratospheric: 250M$+ in design, 2B$+ in fabrication costs. Few cos. can afford to build their own HT @competia EstelleMetayer for the find | WHY IT MATTERS: Digital Transformation | Scoop.it

Let's Build a Chip - We lay out the costs of building a chip - with spreadsheets!

Farid Mheir's insight:

WHY IT MATTERS: my master and first jobs where building ASICs in the 1980s-1990s. So articles like these resonate as they show with numbers the very high cost of creating your own silicon. And if I understand it, 2B$ is the cost of silicon *production*, not the cost of building the foundry - which I assume is an order of magnitude or more expensive. But when companies like Apple sell billions of phones or Tesla sells millions of cars, the economics of build-vs-buy can tip in the favor buidling. Beware: the article is back of the envelope / educated guesses. Nevertheless fascinating!

Scooped by Farid Mheir
Scoop.it!

5 #digitalTransformation areas for Boards via @McKinsey - Does your Board do that? Heck, does your *management* do that? Having senior executives with the interest or knowledge about the topics in ...

5 #digitalTransformation areas for Boards via @McKinsey - Does your Board do that? Heck, does your *management* do that? Having senior executives with the interest or knowledge about the topics in ... | WHY IT MATTERS: Digital Transformation | Scoop.it

Boards can add value to their business’s digital transformation in five specific areas.

Farid Mheir's insight:

WHY IT MATTERS: not sure many senior executives, with backgrounds in Finance or Law, have the knowledge or interest to raise those topics and show their limited understanding of the whole thing. Then again, maybe it's just me...

Scooped by Farid Mheir
Scoop.it!

9 Key Trends in Digital #eCommerce Adoption #survey by @Gartner

Digital commerce continues to grow as a crucial element of modern business. This survey looks at the changing trends in commerce over 2019, right up to the start of the COVID-19 global pandemic. Application leaders responsible for digital commerce technology can use this research to understand trends and changes in their use.

Key Findings

  1. The percentage of revenue surveyed organizations generated from digital commerce increased substantially in 2019.
  2. The classic choice between “buy or build” has shifted to “buy and build.” The majority of survey respondents bought at least part of their digital commerce platform, but also extended or customized it.
  3. Cross channel 360-degree view of the customer is increasing, but slowly due to its complexities.The top three reasons for embracing digital commerce are to grow revenue, drive toward a greater digital business initiative and improve customer satisfaction.
  4. Organizations still struggle with adding new features to their digital commerce platforms and delivering the desired customer experience (CX).
Farid Mheir's insight:

WHY IT MATTERS: interesting to see the challenges that people find with their eCommerce solutions. As with all surveys, take with grain of salt.

No comment yet.
Curated by Farid Mheir
Get every post weekly in your inbox by registering here: http://fmcs.digital/newsletter-signup/