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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Weekend read: 350 slides Mary Meeker’s 2017 internet trends report - eCommerce is killing traditional retail #1

Weekend read: 350 slides Mary Meeker’s 2017 internet trends report - eCommerce is killing traditional retail #1 | WHY IT MATTERS: Digital Transformation | Scoop.it

The most anticipated slide deck of the year is here. Key takeaways:

  • Global smartphone growth is slowing: Smartphone shipments grew 3 percent year over year last year, versus 10 percent the year before. This is in addition to continued slowing internet growth, which Meeker discussed last year.
  • Voice is beginning to replace typing in online queries. Twenty percent of mobile queries were made via voice in 2016, while accuracy is now about 95 percent.
  • In 10 years, Netflix went from 0 to more than 30 percent of home entertainment revenue in the U.S. This is happening while TV viewership continues to decline.
  • Entrepreneurs are often fans of gaming, Meeker said, quoting Elon Musk, Reid Hoffman and Mark Zuckerberg. Global interactive gaming is becoming mainstream, with 2.6 billion gamers in 2017 versus 100 million in 1995. Global gaming revenue is estimated to be around $100 billion in 2016, and China is now the top market for interactive gaming.
  • China remains a fascinating market, with huge growth in mobile services and payments and services like on-demand bike sharing. (More here: The highlights of Meeker's China slides.)
  • While internet growth is slowing globally, that’s not the case in India, the fastest growing large economy. The number of internet users in India grew more than 28 percent in 2016. That’s only 27 percent online penetration, which means there’s lots of room for internet usership to grow. Mobile internet usage is growing as the cost of bandwidth declines. (More here: The highlights of Meeker's India slides.)
  • In the U.S. in 2016, 60 percent of the most highly valued tech companies were founded by first- or second-generation Americans and are responsible for 1.5 million employees. Those companies include tech titans Apple, Alphabet, Amazon and Facebook.
  • Healthcare: Wearables are gaining adoption with about 25 percent of Americans owning one, up 12 percent from 2016. Leading tech brands are well-positioned in the digital health market, with 60 percent of consumers willing to share their health data with the likes of Google in 2016.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

This is an annual bag of goodies.

Highlight #1: retail stores are closing at record pace while Amazon opens stores. This is such a huge trend because it transforms stores from a mini-warehouse into something else: a destination for experience, service, and training. Think Apple store with the highest sales per square foot, genius bar, classes and a showroom. Amazon has pushed its Amazon GO, no lines, no registers concept and it is rolling it out slowly. This is just the beginning...

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We are the product: Using #wearables + #BigData to predict heart disease

We are the product: Using #wearables + #BigData to predict heart disease | WHY IT MATTERS: Digital Transformation | Scoop.it

This study plans to gather more data about heart health from more people than any research study has done before. We'll use it to develop strategies to prevent and treat all aspects of heart disease. It's as simple as that.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

The study behind the recent assessment that Apple watch can be used to predict heart disease. The future of wearable device is health and wellness related.

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Killer use case for #wearables? Study: Apple Watch accurately detects heart problems

Killer use case for #wearables? Study: Apple Watch accurately detects heart problems | WHY IT MATTERS: Digital Transformation | Scoop.it
A study published today suggests your Apple Watch could help detect and track serious heart conditions. According to CNET, researchers from the University of California, San Francisco worked with the app Cardiogram on the Health eHeart study, gathering cardiovascular data from 6,158 people who used Apple Watches. They tested whether the watches were able to …
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Wearables are struggling to find their usefulness. I've been saying from the start that their killer app is with everything related to sensors. This appears to be truer than ever with news like this...

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DeepMind is building a blockchain-style system to track healthcare records to bring back #privacy

DeepMind is building a blockchain-style system to track healthcare records to bring back #privacy | WHY IT MATTERS: Digital Transformation | Scoop.it

Alphabet’s artificial intelligence outfit, DeepMind, plans to build a blockchain-style system that will carefully track how every shred of patient data is used. The company, which is rapidly expanding its health-care initiatives, has announced that it will build a tool that it calls Verifiable Data Audit during the course of this year. The idea: allow hospitals, and potentially even patients, to see exactly who is using health-care records, and for what purpose. By logging how every piece of patient data is used, the company hopes to leave behind an indelible audit trail.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

For everyone concerned about privacy in the digital world, the mega digital record would provide visibility into what is currently a completely opaque process. But far more reaching is the possibility to extend this audit trail to all our personal data. 

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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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The Power of Data As the Next Big Thing in Content Marketing @HBR 

The Power of Data As the Next Big Thing in Content Marketing @HBR  | WHY IT MATTERS: Digital Transformation | Scoop.it
The diminishing effectiveness of conventional advertising and the rise of social media have led more and more brands to embrace content marketing. More and more companies are seeing themselves not just as advertisers, but as publishers, launching digital newsrooms, podcasts, and other forms of branded content in order keep their brands, perspectives, and value propositions in front of customers.
Farid Mheir's insight:

I wrote about this in the past numerous times and it is great to see HBR and others recognize this important trend: companies are sitting on huge amounts of information they can use to extract meaningful information and share it with their clients and employees to attract and retain them.

 

For example, look at jawbone and how they do it

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Facebook can predict when you fall in love and when your relationship starts #scary #bigData @TheAtlantic 

Facebook can predict when you fall in love and when your relationship starts #scary #bigData @TheAtlantic  | WHY IT MATTERS: Digital Transformation | Scoop.it
“During the 100 days before the relationship starts, we observe a slow but steady increase in the number of timeline posts shared between the future couple.”
Farid Mheir's insight:

WHY THIS IS IMPORTANT

We are just starting to scratch the surface of what we can learn when we analyze the personal data from social media. When everything is connected with Internet of things products and when we measure everything we do using wearables and quantified-self technologies, the insights will be even greater. Companies should prepare to analyze this massive data rush and us all should start to think about our information privacy more carefully...

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European map of obesity via @withings

European map of obesity via @withings | WHY IT MATTERS: Digital Transformation | Scoop.it
A higher prevalence of obesity in Northern and Eastern Europe United Kingdom, Iceland and Scandinavian countries, except for Sweden, are in the group of the countries most concerned with overweight and obesity issues. Is it because of the climate or due to eating habits? Some of them are among the wealthiest countries. With a prevalence …
Farid Mheir's insight:

Data gathered with a simple device - the withings connected scale - can provide evidence of obesity and where it is most prevalent in Europe.

BEHM Théophile's curator insight, November 26, 2019 12:52 PM
Interesting map of European obesity
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What one million people sleep patterns tell us about the impact of major events during the year via @jawbone

What one million people sleep patterns tell us about the impact of major events during the year via @jawbone | WHY IT MATTERS: Digital Transformation | Scoop.it
Instead of staying up binging on House of Cards, celebrate sleep week by pledging to go to bed early. It'll help your body and mind get the sleep it needs.
Farid Mheir's insight:

fascinating what data from many people can tell us.

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The effects of end of year festivities on health habits via @withings

The effects of end of year festivities on health habits via @withings | WHY IT MATTERS: Digital Transformation | Scoop.it
An overview of the impact of the end of year festivities on health: sleep, weight and physical activity
Farid Mheir's insight:

No surprise in the data: people go to bed late on xmas and new year and wake up later the next morning. But the difference in each country seems to demonstrate that Americans don't party a lot and that French party more than many others. Here again, no surprise... ;-)

Farid Mheir's comment, June 2, 2015 5:16 PM
thank you @Hany Aly @Vandana Verma. Feel free to recommend my topic
Curated by Farid Mheir
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