WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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Gartner Hype Cycle for Data Management, 2021

Gartner Hype Cycle for Data Management, 2021 | WHY IT MATTERS: Digital Transformation | Scoop.it

To succeed with data and analytics initiatives, enterprises need a comprehensive view of critical technology capabilities. We believe these Hype Cycles draw a holistic view of technologies — including the new addition of lakehouse architecture as a trigger, which can make data and analytics programs modern, broadly applied, richer in functionality and successful.

Get the report and gain insight into:
-Changes in this Hype Cycle — including the addition of Lakehouse
-The current state of data management maturity
-The Priority Matrix

Farid Mheir's insight:

WHY IT MATTERS: insights to remain buzzword compliant in the world of data management ;-)

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John Deere's Self-Driving Tractor is only the start of an #AI + #bigData + #electric revolution in Farming via @WIRED and others

John Deere's Self-Driving Tractor is only the start of an #AI + #bigData + #electric revolution in Farming via @WIRED and others | WHY IT MATTERS: Digital Transformation | Scoop.it
The automation, and control of the resulting data, raises questions about the role of human farmers.
Farid Mheir's insight:

WHY IT MATTERS: indeed a better place to start with autonomous electric vehicles appears to be a tractor in a field. And looking at John Deere over the past few years AI and big data are the way to go.

 

Other interesting articles: 

https://electrek.co/2022/01/04/john-deere-takes-a-step-into-the-future-with-first-fully-autonomous-tractor/ 

https://venturebeat.com/2022/01/07/how-john-deere-created-its-autonomous-tractor/

especially this one on the future of farming that includes other futuristic applications of AI and self driving.

https://www.deere.co.uk/en/agriculture/future-of-farming/

 

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2021 Analytical Platforms Market Study highlights many of the key features and use case in #BI today

2021 Analytical Platforms Market Study highlights many of the key features and use case in #BI today | WHY IT MATTERS: Digital Transformation | Scoop.it

Business intelligence white papers on BI industry trends, and the latest BI and analytics analyst reports from Gartner, Dresner, BARC and Forrester.

Farid Mheir's insight:

WHY IT MATTERS: I am not big on surveys other than for the guidance they provide about how people actually use their systems. Here, the survey sheds light on many of the features and use cases in BI.

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CDP Marketplace Circa 2021: let the confusion continue #CDP #CustomerDataPlatform

CDP Marketplace Circa 2021: let the confusion continue #CDP #CustomerDataPlatform | WHY IT MATTERS: Digital Transformation | Scoop.it

While CDP vendors may claim to do everything, the fact is they can’t.

Farid Mheir's insight:

WHY IT MATTERS: I like the way RSG bundles solutions in categories that make sense and often are unique in the research landscape (as opposed say to gartner and forrester). Yet their analysis, and this post, highlight that the world of Customer Data Platforms - CDPs - remains confusing at best. 

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Top Data and Analytics Trends for 2021 by @gartner feels like #mumbojumbo

Top Data and Analytics Trends for 2021 by @gartner feels like #mumbojumbo | WHY IT MATTERS: Digital Transformation | Scoop.it

Gartner Top 10 Data and Analytics Trends for 2021

Farid Mheir's insight:

WHY IT MATTERS: I find all these trends *very* theoretical, approaching mumbo-jumbo status, don't you?

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Brush up on buzzword compliance: Gartner Top Strategic #Technology #Trends for 2022

Brush up on buzzword compliance: Gartner Top Strategic #Technology #Trends for 2022 | WHY IT MATTERS: Digital Transformation | Scoop.it

12 technology trends that will help shape the future of digital business.

Farid Mheir's insight:

WHY IT MATTERS: this report from gartner review the top 12 buzzword you need to master for your geek xmas cocktail conversations ;-) As often with these, they are very generic and could end up being very difficult to implement. Nevertheless they point in the right direction, globally.

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2021 Magic Quadrant for Analytics and BI Platforms shows Microsoft as standalone leader, with Tableau close behind

2021 Magic Quadrant for Analytics and BI Platforms shows Microsoft as standalone leader, with Tableau close behind | WHY IT MATTERS: Digital Transformation | Scoop.it

The definition of self-service is shifting in this field as augmented capabilities pervade platforms. At the same time, cloud ecosystems and alignment with productivity tools have become key selection factors. This Magic Quadrant will help data and analytics leaders plan an analytics and BI roadmap.

Farid Mheir's insight:

WHY IT MATTERS: remember when big data and advanced analytics were big buzzwords? Not anymore, they are part of the business as usual and I find interesting that Microsoft is way out there alone in the right corner. But true, their powerBI tools are everywhere...

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80 Stats on 8 topics on the Future Customer Experience Shaped By Technology highlights what's trending- Before jumping in, retailers should ask themselves: is there a business model to support this...

80 Stats on 8 topics on the Future Customer Experience Shaped By Technology highlights what's trending- Before jumping in, retailers should ask themselves: is there a business model to support this... | WHY IT MATTERS: Digital Transformation | Scoop.it

Technology is the future of customer experience. These statistics show the grow of new technology and how it impacts everything about the future of customer experience.

Farid Mheir's insight:

WHY IT MATTERS: the trends is clear, technology drives a number of business innovations in Retail. Questions is: is there a business model behind those innovations? Not always unfortunately... Nevertheless, useful insights about what's trending.

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Google Street View image of a house predicts car accident risk of its resident and raises privacy concerns that legislation has yet to address via @benedictevans

Google Street View image of a house predicts car accident risk of its resident and raises privacy concerns that legislation has yet to address via @benedictevans | WHY IT MATTERS: Digital Transformation | Scoop.it

Road traffic injuries are a leading cause of death worldwide. Proper estimation of car accident risk is critical for appropriate allocation of resources in healthcare, insurance, civil engineering, and other industries. We show how images of houses are predictive of car accidents. We analyze 20,000 addresses of insurance company clients, collect a corresponding house image using Google Street View, and annotate house features such as age, type, and condition. We find that this information substantially improves car accident risk prediction compared to the state-of-the-art risk model of the insurance company and could be used for price discrimination. From this perspective, public availability of house images raises legal and social concerns, as they can be a proxy of ethnicity, religion and other sensitive data.

Farid Mheir's insight:

WHY IT MATTERS: more proof that digital transformation will impact our lives in potentially dramatic ways. Here the use of public street view images of houses help predict the risk of car accident by their owner should not come as a surprise as the digitization of physical world assets provides troves of previously unavailable data for companies to mine and exploit. This quote rom the paper highlights the privacy concerns we should all have from this and other digital analysis: 

In particular, features of the house may be a proxy of ethnicity, religion or other characteristics associated with a social status of a person which are forbidden by the law to be used for any discrimination, e.g. price discrimination in certain jurisdictions. Fast development of modern data collection and computational techniques allows for unprecedented exploitation of various data of clients being not even aware of it and development of corresponding legislation in this matter seems to be outpaced.

Hamza Yousaf's comment, May 6, 2019 3:10 PM
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2019 Magic Quadrant for Analytics & BI Platforms @Gartner #BI #Analytics #BigData

2019 Magic Quadrant for Analytics & BI Platforms @Gartner #BI #Analytics #BigData | WHY IT MATTERS: Digital Transformation | Scoop.it

Gartner has recognized ThoughtSpot as a Leader in the 2019 Magic Quadrant for Analytics and BI Platforms. ThoughtSpot’s search and AI-driven analytics platform makes it easy for anyone to get insights in seconds.

Farid Mheir's insight:

WHY IT MATTERS: tools for BI and analytics remain more popular than ever. Microsoft claims the top spot again and given the large penetration of Microsoft in organizations with office365 I find it hard to believe when their solutions are not used more than they are...

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The Future of Security Guards from Securitas presents a #date-driven future full of technology - the transformation of a still very manual industry

The Future of Security Guards from Securitas presents a #date-driven future full of technology - the transformation of a still very manual industry | WHY IT MATTERS: Digital Transformation | Scoop.it

Securitas 2018 investor update conference presents the strategy for the future.

Farid Mheir's insight:

WHY IT MATTERS: the security industry will be transformed with digital technologies, sensors, big data, drones, AI and other disruptive technologies. Start the video around 1:20:00 in the section #3

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Sephora is #1 in this year Top100 list of Performing Retailers in Personalization #retail #bigData #customerExperience

Sephora is #1 in this year Top100 list of Performing Retailers in Personalization #retail #bigData #customerExperience | WHY IT MATTERS: Digital Transformation | Scoop.it

Check out the top-performing retailers and ecommerce companies as evaluated by Sailthru's experts in retail personalization and customer experience.

Farid Mheir's insight:

WHY IT MATTERS: personalization is a key trend in digital transformation. This list provides a good insight into who the leaders are providing great insights into the things we must do to personalize web, email, mobile, etc. customer experience

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Top 100 #DigitalTransformation Influencers shows focus remains on #Technology #Innovation #Data #Marketing via @stratorob #AI #Robotics #RPA #IoT #BigData #DataScience #DataAnalytics

Top 100 #DigitalTransformation Influencers shows focus remains on #Technology #Innovation #Data #Marketing via @stratorob #AI #Robotics #RPA #IoT #BigData #DataScience #DataAnalytics | WHY IT MATTERS: Digital Transformation | Scoop.it

An overview of influencer that inspire me daily when reading the newest trends on digital transformation. Feel free to add your favorite influencer on this list. I personally have no influence on the ranking - a neutral algorithm calculates who has the most impact online. So all fame and blame belongs to the algorithm.

Farid Mheir's insight:

WHY IT MATTERS: the list provides a great starting point to get a shot of digital transformation leadership. The focus being mostly on technology, you should look elsewhere for impact on society, work, and life that digital transformation brings.

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Retailers that do not believe #AI and #BigData is top priority today may suffer via @McKinsey

Retailers that do not believe #AI and #BigData is top priority today may suffer via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

As machines increasingly complement human labor in the workplace, we will all need to adjust to reap the benefits.

Farid Mheir's insight:

WHY IT MATTERS: watch out for AI to revolutionize the retail industry - and many others.

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LinkedIn’s 2017 U.S. Emerging #Jobs Report concludes that technology skills and soft skills are key for today's job market

LinkedIn’s 2017 U.S. Emerging #Jobs Report concludes that technology skills and soft skills are key for today's job market | WHY IT MATTERS: Digital Transformation | Scoop.it

It may come as no surprise that technology-centric roles stole the show among emerging jobs in the United States, but the prevalence of machine learning and data science roles and skills indicate a shift in the types of technology we can expect to be using in the near future, as well as what professionals should be preparing themselves for.

Having an academic background and a comprehensive suite of skills were also strong trends, especially among professionals who are now machine learning engineers and data scientists. Both of these roles are also often held by professionals with 10 years or more of professional experience, so for those just starting out and having trouble landing one of these titles, don’t be discouraged!

It’s always a good reminder that soft skills will always be important, no matter the profession. The ability to collaborate, be a leader, and learn from colleagues will stand out in interviews, and even more once starting a job.

Farid Mheir's insight:

WHY IT MATTERS: the conclusion of the study is simple: go to University and study something related to technology. Simple, no?

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Why Google Maps is GREAT and Apple maps is barely ok at best - a very detailed look - Thank you @gnat for these great finds

Why Google Maps is GREAT and Apple maps is barely ok at best - a very detailed look - Thank you @gnat for these great finds | WHY IT MATTERS: Digital Transformation | Scoop.it

Google has gathered so much data, in so many areas, that it’s now crunching it together and creating features that Apple can’t make—surrounding Google Maps with a moat of time.

Farid Mheir's insight:

WHY IT MATTERS: Google has been capturing and translating data for a very long time and by doing so it can provide digital services that way better than anything else their competitors can do. This example of maps is just one in many but this one is particularly well documented. Kudos.

EntreCulturas's curator insight, January 4, 2018 11:02 AM
En este estudio sobre las apps de geolocalizacion como Google Maps o Apple Maps, se muestra el mayor desarrollo de la primera. Google se ha actualizado principalmente permitiendo el acceso exacto al edificio concreto de una calle. Se puede ver clickando ,encima, una descripciĂłn detallada de la ubicaciĂłn con opciĂłn de encontrar imágenes del interior. 
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Impact of the Fourth Industrial Revolution on Supply Chains HT @JimMarous @MikeQuindazzi @wef #banking #AI #IoT #robotics #blockchain #wearable #AR #Analytics #voicefirst

Impact of the Fourth Industrial Revolution on Supply Chains HT @JimMarous @MikeQuindazzi @wef  #banking #AI #IoT #robotics #blockchain #wearable #AR #Analytics #voicefirst | WHY IT MATTERS: Digital Transformation | Scoop.it

Disruptive technologies are transforming all end-to-end steps in production and business models in most sectors of the economy. The products that consumers demand, factory processes and footprints, and the management of global supply chains are being re-shaped to an unprecedented degree and at unprecedented pace. Industry leaders who were consulted believe that new technological solutions heralded by the Fourth Industrial Revolution – such as advanced robotics, autonomous systems and additive manufacturing – will revolutionize traditional ways of creating value. As the costs of deploying technology continue to fall, international differentials in labour costs will no longer be a decisive factor in choosing the location of production.

The resulting greater spatial and temporal flexibility brought about by technology will bring locations of production and sale closer together, and drive major changes in the design of future value and supply chains. These trends will change the shape and form of globalization, and thereby impact the trajectory of goods. Regional and local flows will become more important, to the detriment of intercontinental trade.

Farid Mheir's insight:

WHY IT MATTERS: the world economic forum keeps putting out great reports on the impact of digital transformation. I love the illustrations, great summary of key trends and their adoption. Must read.

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What is popular regarding #AI on twitter today #visualization

What is popular regarding #AI on twitter today #visualization | WHY IT MATTERS: Digital Transformation | Scoop.it

The graph represents a network of 3,518 Twitter users whose tweets in the requested range contained "(Artificial Intelligence) OR #AI", or who were replied to or mentioned in those tweets.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Different way to visualize trends using twitter data.

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3 Million #Instacart Orders, Open Sourced

3 Million #Instacart Orders, Open Sourced | WHY IT MATTERS: Digital Transformation | Scoop.it

Instacart is excited to announce our first public dataset release, “The Instacart Online Grocery Shopping Dataset 2017”. This anonymized dataset contains a sample of over 3 million grocery orders from more than 200,000 Instacart users.

For each user, we provide between 4 and 100 of their orders, with the sequence of products purchased in each order. We also provide the week and hour of day the order was placed, and a relative measure of time between orders.

 

Farid Mheir's insight:

WHY THIS IS IMPORTANT

In today's eCommerce world, winners do not limit themselves to building great catalogs and payment processing experience. They actively analyze data to understand customer behaviour, to provide them with exceptional information to speed-up their shopping experience, but also maybe make them buy more or more expensive products. This is a great example of such a data analysis by grocery shopping leader instacart. It provides amazing insights into grocery shopping but also has open sourced the data for others to benefit.

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#analytics: Competing in a data-driven world difficult because of lack of talent & data silos via @McKinsey 

#analytics: Competing in a data-driven world difficult because of lack of talent & data silos via @McKinsey  | WHY IT MATTERS: Digital Transformation | Scoop.it
Big data’s potential just keeps growing. Taking full advantage means companies must incorporate analytics into their strategic vision and use it to make better, faster decisions.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

To unlock up to 50% of value in data analytics in major industries, businesses must invest in talent and break down data silos. HUGE job IMHO...

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New report confirms #InternetOfThings #BigData #MachineLearning Will Revolutionize Retail via @Forbes 

New report confirms #InternetOfThings #BigData #MachineLearning Will Revolutionize Retail via @Forbes  | WHY IT MATTERS: Digital Transformation | Scoop.it
  • 70% of retail decision makers globally are ready to adopt the Internet of Things to improve customer experiences.
  • 73% of retailers rate managing big data as important or business-critical to their operations.
  • 78% of retailers say it is important or business-critical to integrate e-commerce and in-store experiences, so an omnichannel experience is delivered to every customer.
  • 87% of retailers will deploy mobile point-of-sale (MPOS) devices by 2021, enabling them to scan and accept credit or debit payments anywhere in the store.
  • 90% of retailers will implement buy online, pickup in store by 2021.

 

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Based on a detailed report, this article provides a chockful of stats about investments in certain technologies. Although based on a survey, it confirms certain trends that are widely accepted - so there should be no surprises for readers of this blog.

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Twitter can tell which states love jogging & which are eating hot dogs 

Twitter can tell which states love jogging & which are eating hot dogs  | WHY IT MATTERS: Digital Transformation | Scoop.it

With the explosive growth of online activity and social media around the world, the massive amount of real-time data created directly by populations of interest has become an increasingly attractive and fruitful source for analysis. Despite the limitation that social media users in the United States are not a random sample of the US population [7], there is a wealth of information in these data sets and uneven sampling can often be accommodated.

Indeed, online activity is now considered by many to be a promising data source for detecting health conditions [8, 9] and gathering public health information [10, 11], and within the last decade, researchers have constructed a range of public-health instruments with varying degrees of success.

Fine-tuning these algorithms is key to improving large-scale analysis of social media, whether the goal is to measure the caloric content of a tweet or to find the next developing news story. These technologies represent new ways of finding and understanding the conversations we're having as a country -- chatter that is increasingly moving online.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

More insights on wellness and fitness from social media and big data. Here what is important to note is how we can extract knowledge from information that people share on social media. With more and more wearable devices and internet connected devices like refrigerators, cooktops, and water bottles, it is clear that more and more insight will be gathered from our digital exhaust.

 

More insights:

- more on the digital twin and digital exhaust: fmcs.digital/blog/digital-twin 

- the website with all the data: panometer.org/instruments/lexicocalorimeter 

- twitter can also help predict happiness: hedonometer.org/index.html 

- the research paper: arxiv.org/pdf/1507.05098.pdf 

- lapresse+ article (in french): plus.lapresse.ca/screens/d09ef280-9b06-4fe5-935c-4155336ef100%7C_0.html 

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Fitbit Activity Index & Fitbit Science are examples of #wearables #BigData insights 

Fitbit Activity  Index & Fitbit Science are examples of #wearables #BigData insights  | WHY IT MATTERS: Digital Transformation | Scoop.it

Explore the fitness and workout trends of Fitbit users, and get exercise advice from the experts in this comprehensive, interactive infographic. At Fitbit, we geek out about workouts. Feast your fitness-loving eyes on the first ever Fitbit Health & Activity Index that identifies some of the most popular activities, shifts in workout trends, and ways to stay motivated.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Wearing a device such as a fitbit does something way bigger than providing you with insights: it provides a HUGE trove of data to be mined for trends and insights. I wrote about the jawbone big data analysis in the past, but recently found that fitbit has started to provide a similar service, analyzing data its millions of devices capture every day.

 

More insights:

www.fitbit.com/fitscience

fmcs.digital/?s=jawbone 

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2016 Big Data Landscape maps hundreds of companies that shape this new field

2016 Big Data Landscape maps hundreds of companies that shape this new field | WHY IT MATTERS: Digital Transformation | Scoop.it

In a tech startup industry that loves its shiny new objects, the term “Big Data” is in the unenviable position of sounding increasingly “3 years ago”.   While Hadoop was created in 2006, interest in the concept of “Big Data” reached fever pitch sometime between 2011 and 2014.  This was the period when, at least in the press and on industry panels, Big Data was the new “black”, “gold” or “oil”.  However, at least in my conversations with people in the industry, there’s an increasing sense of having reached some kind of plateau.  2015 was probably the year when the cool kids in the data world (to the extent there is such a thing) moved on to obsessing over AI and its many related concepts and flavors: machine intelligence, deep learning, etc.

Farid Mheir's insight:

A chart that shows the number of companies that offer products and services in the big data space. 

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Curated by Farid Mheir
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