WHY IT MATTERS: Digital Transformation
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The data-driven enterprise of 2025 by @McKinsey provides 7 key characteristics - but none of the HOW

The data-driven enterprise of 2025 by @McKinsey provides 7 key characteristics - but none of the HOW | WHY IT MATTERS: Digital Transformation | Scoop.it

Rapidly accelerating technology advances, the recognized value of data, and increasing data literacy are changing what it means to be “data driven.”

Farid Mheir's insight:

WHY IT MATTERS: a good checklist when thinking about how to setup a data-driven organizations. But don't go there to look for how to do it.

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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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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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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 Holiday Shopping Forecast from Adobe Analytics is full of stats about the holiday trends - high demand, high prices, inventory shortage and curb-side pickups are the highlights #eCommerce #trends

2021 Holiday Shopping Forecast from Adobe Analytics is full of stats about the holiday trends - high demand, high prices, inventory shortage and curb-side pickups are the highlights #eCommerce #trends | WHY IT MATTERS: Digital Transformation | Scoop.it

This year, customers will do a lot more than window shop, so we’re gathering the data and statistics and putting the insights on display. Download the Holiday Forecast 2021 report to understand when, how, and what consumers plan to spend money on this season, and use our findings to create shopping experiences your customers want. We know you’re excited. So come, take a close-up look, but hands off the glass, please.

Farid Mheir's insight:

WHY IT MATTERS: 2021 eCommerce shopping holiday continues to move from in-store to on-line shopping with covid-related impacts still apparent: high demand, high prices, inventory shortage and BOPIS curb-side pickups are to be expected.

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E-commerce conversion rates benchmarks 2022 - How do yours compare?

E-commerce conversion rates benchmarks 2022 - How do yours compare? | WHY IT MATTERS: Digital Transformation | Scoop.it

E-commerce conversion rate and lead generation stats compilation desktop and mobile devices benchmarking averages across different industries

Farid Mheir's insight:

WHY IT MATTERS: an update with the latest data about conversion rates in eCommerce. If anything this shows how wide the variations can be.

DENICE J's curator insight, December 9, 2021 1:17 AM
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Outstanding study on #IA market in Montreal via @TechnoCompetence provides key stats + detailed description of 19 roles

Outstanding study on #IA market in Montreal via @TechnoCompetence provides key stats + detailed description of 19 roles | WHY IT MATTERS: Digital Transformation | Scoop.it

Dans ce profil, vous trouverez :

  1. Une revue historique de la position du Québec en matière d’intelligence artificielle;
  2. Une définition de la main-d’œuvre du secteur;
  3. Un portrait global de l’emploi ;
  4. Une taxonomie des métiers de l’intelligence numérique – que nous définissons comme étant la main-d’œuvre spécialisée en intelligence artificielle ainsi que les métiers périphériques essentiels reliés ;
  5. Des fiches métiers traitant de l’estimation du bassin de talents et incluant de multiples informations spécifiques salaires, tâches principales, référentiel de compétences techniques et transversales);
  6. Une répartition industrielle des métiers de l’intelligence numérique
  7. Un portrait de la demande de compétences et de la formation, incluant les forces et défis concernant ce profil  de talents qui change à une vitesse déstabilisante.
  8. L’ensemble de nos données sur l’utilisation des outils numériques, sous la forme de matrices Emploi/Outils numériques et technologies, en annexe du document.
Farid Mheir's insight:

WHY IT MATTERS: an detailed study of the job market in artificial intelligence and machine learning in Montreal. Along with stats and definitions, it defines and details 19 job descriptions that are related to AI. A reference to keep.

marian's curator insight, October 16, 2021 7:41 AM

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The #omnichannel age is here and it's expensive - you need strong margins to survive in this #ecommerce + physical store world

The #omnichannel age is here and it's expensive - you need strong margins to survive in this #ecommerce + physical store world | WHY IT MATTERS: Digital Transformation | Scoop.it

"Everything that should be happening over a five-, 10-year period is happening now," said Pete Madden, a director with AlixPartners. "It's a rethink, it's expensive, and it's on top of expense that has already happened."

Farid Mheir's insight:

WHY IT MATTERS: everything in this article rings true, from the high cost of omnichannel and especially returns, to the opportunities that remain of having a physical store. The conclusion: you have to change processes, resource allocation and technology to make omnichannel work.

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NYC Taxi & Ridehailing Stats Dashboard provide insights into the real impacts of UBER, LYFT & others over Yellow cabs

NYC Taxi & Ridehailing Stats Dashboard provide insights into the real impacts of UBER, LYFT & others over Yellow cabs | WHY IT MATTERS: Digital Transformation | Scoop.it

Monthly statistics on taxi, Uber, and Lyft usage in NYC

Farid Mheir's insight:

WHY IT MATTERS: the data is clear on the impact of UBER and others over taxis - here in NYC but trend is same everywhere we assume. Many charts in this post that show decline of yellow taxis over time, impact of covid shutdown and the recovery.

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Can Apple change ads the way it changed music and games? —

Can Apple change ads the way it changed music and games? — | WHY IT MATTERS: Digital Transformation | Scoop.it

20 years ago Apple seized music, and turned it into a lever for its broader business. It failed to do the same to TV, and lost control of music, but won massively in games, where it now makes more money than the entire global digital music industry. Now, perhaps, it’s looking at advertising.

Farid Mheir's insight:

WHY IT MATTERS: the end of 3rd party cookies will impact advertising the most. This chart highlights the 50% of revenues that go to different players (including 15% unknown!). What irritates me most is the 7% to agencies that, unfortunately, seem to do very little to earn that amount in my experience...

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Top 10 trends in #data & #analytics for 2020 by @Gartner stresses that data should permeate every system, app, email or notification

Top 10 trends in #data & #analytics for 2020 by @Gartner stresses that data should permeate every system, app, email or notification | WHY IT MATTERS: Digital Transformation | Scoop.it

Read this report from Gartner to learn

  • How the shift to more dynamic, augmented analytics will result in the decline of the predefined dashboard
  • How augmented analytics is changing how less skilled users find insights and interact with data
  • Why business agility enabled by the cloud is more critical now than ever
  • Non-technology trends that are critical to success
Farid Mheir's insight:

WHY IT MATTERS: this report highlights key trends in data where it is clear that data is now expected to be collected everywhere and presented wherever it is most useful. Data should permeate every system, app, email or notification.

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2020 Data Breach Investigations Report is an annual compilation by Verizon that provides amazing overview of 4,000 #cybersecurity attacks

2020 Data Breach Investigations Report is an annual compilation by Verizon that provides amazing overview of 4,000 #cybersecurity attacks | WHY IT MATTERS: Digital Transformation | Scoop.it

Stay ahead of threats with the insights in the 2020 Data Breach Investigations Report (DBIR) from Verizon Enterprise Solutions. Read the official report now.

Farid Mheir's insight:

WHY IT MATTERS: the report is extensive and provides amazing insights into the most common security breaches. For example, the figure 22 shows that port 23 (telnet) and port 22 (SSH) remain most popular by far attack points. Many more insight in there...

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What is good retention metric numbers? A panel of experts provides their value from Lenny's Newsletter @lennysan via @sebprovencher

What is good retention metric numbers? A panel of experts provides their value from Lenny's Newsletter @lennysan via @sebprovencher | WHY IT MATTERS: Digital Transformation | Scoop.it

If you take nothing else away from this post, it should be that retention matters. A lot. No other metric is as singularly telling of whether your business will thrive or die. And so, the better you understand what good retention looks like for your business, the better shot you have at the former. We hope this research proves useful to you whether you’re building, investing, or just curious.

Farid Mheir's insight:

WHY IT MATTERS: with every product moving to a SaaS, pay as you go, model, retention has become a key metric to consider. This post delivers insights into retention metrics for GOOD and GREAT retention numbers. I'd love to see similar posts on email open rates, ecommerce conversion, app usage, etc.

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Mary Meeker's coronavirus trends report is the most concentrated information doc about #covid impact on life & business via @axios @bondcapital #mustread

Mary Meeker's coronavirus trends report is the most concentrated information doc about #covid impact on life & business via @axios @bondcapital #mustread | WHY IT MATTERS: Digital Transformation | Scoop.it

Mary Meeker's venture capital firm, Bond, sends a 28-page report to its investors.

Farid Mheir's insight:

WHY IT MATTERS: mary meeker internet trend report is an annual must see report to gage the state of the Internet - and digital transformation. Here she applies the same rigour to analyze the impact of coronavirus. #mustread

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the impact of #covid #coronavirus on #eCommerce: Top 100 Fastest Growing & Declining Categories in E-commerce #noSurprise via @umlaut21 @ChristianDion

the impact of #covid #coronavirus on #eCommerce: Top 100 Fastest Growing & Declining Categories in E-commerce #noSurprise via @umlaut21 @ChristianDion | WHY IT MATTERS: Digital Transformation | Scoop.it

A recap of the Top 100 fastest growing & declining categories in March 2020 vs. March 2019

Farid Mheir's insight:

WHY IT MATTERS: eCommerce is one of the big winner of the c19 crisis. Data is starting to pour in...

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Coronavirus: Why it was a good idea to act now - A visual explanation of the exponential progression via Tomas Pueyo

When you’re done reading the article, this is what you’ll take away:

It’s coming at an exponential speed: gradually, and then suddenly.
It’s a matter of days. Maybe a week or two.
When it does, your healthcare system will be overwhelmed.
Your fellow citizens will be treated in the hallways.
Exhausted healthcare workers will break down. Some will die.
They will have to decide which patient gets the oxygen and which one dies.
The only way to prevent this is social distancing today. Not tomorrow. Today.
That means keeping as many people home as possible, starting now.

Farid Mheir's insight:

WHY IT MATTERS:  very researched, very detailed, full of graphs. Helps understand the current situation and the need to shutdown and isolate.

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This "Internet" thing may have a future after all... ;-) Have a look at the data behind the adoption of #Internet tools and technologies in the last 20 years and extrapolate what #AI #IOT #AR #VR w...

This "Internet" thing may have a future after all... ;-) Have a look at the data behind the adoption of #Internet tools and technologies in the last 20 years and extrapolate what #AI #IOT #AR #VR w... | WHY IT MATTERS: Digital Transformation | Scoop.it

The internet has changed the way we work, interact and learn with others across the world. How many people in the world are online, and how has this changed over time? Explore global and country-level data on internet access and technology.

Farid Mheir's insight:

WHY IT MATTERS: we take it for granted because 90% of the population in Canada has access to the Internet. This summary of facts about Internet adoption should make us all realize that: 1) the growth has been very fast 2) not everyone in the world has the same chance 3) newer technologies based on Artificial Intelligence, Internet of Things and soon AR/VR will leverage this infrastructure to deliver even more transformation

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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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2019 #Email #marketing statistics compilation provides overview of current #trends and shows email remains key #marketing tool in the #digitaltransformation

2019 #Email #marketing statistics compilation provides overview of current #trends and shows email remains key #marketing tool in the #digitaltransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

Benchmark your email open and clickthrough rates with your statistics using our compilaton of the the 5 best email statistics sources

Farid Mheir's insight:

WHY IT MATTERS: we tend to minimize email as a digital transformation tool but we should not. Here are key statistics that you can use to benchmark your email marketing activities.

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The State Of IoT Intelligence - a report full of data on this new technology trend

The State Of IoT Intelligence - a report full of data on this new technology trend | WHY IT MATTERS: Digital Transformation | Scoop.it
  • Sales, Marketing and Operations are most active early adopters of IoT today.
  • Early adopters most often initiate pilots to drive revenue and gain operational efficiencies faster than anticipated.
  • 32% of enterprises are investing in IoT, and 48% are planning to in 2019.
  • IoT early adopters lead their industries in advanced and predictive analytics adoption.
Farid Mheir's insight:

WHY IT MATTERS: IOT is a key technology trend but as this survey shows its penetration remains small - and thus the future looks good.

Riddhima Building's comment, December 26, 2018 6:06 AM
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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 | WHY IT MATTERS: Digital Transformation | Scoop.it

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

Farid Mheir's insight:

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, 2018 7:34 AM
The future of Media requires more and better data infrastructure
 
Obinna Odenigbo's curator insight, October 23, 2018 2:51 AM
Incredible how video streaming is taking over the internet with Netflix in the first position and YouTube in third.
 
Jayne Fenton Keane's curator insight, October 25, 2018 6:23 PM
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"Smart Phygital" the #buzzword at #PRW18 that bundles #digitalTransformation concepts and a new reality: there is no difference between #ecommerce and physical store commerce: it is just commerce #...

"Smart Phygital" the #buzzword at #PRW18 that bundles #digitalTransformation concepts and a new reality: there is no difference between #ecommerce and physical store commerce: it is just commerce #... | WHY IT MATTERS: Digital Transformation | Scoop.it

Une enquête menée en 2018 par 421 Research pour Ayden auprès de 5 033 Européens (Royaume-Uni, Allemagne, Espagne, France et Pays nordiques), rend compte de l'importance de la vision "Smart Phygital" pour les acteurs de la distribution. Comme le montre notre graphique, les attentes des consommateurs vis-à-vis de l'expérience d'achat se concentrent autour de 3 axes : la personnalisation, la stratégie omnicanale et l'innovation digitale.

Farid Mheir's insight:

WHY IT MATTERS: too many buzzwords, too many concepts are increasing the confusion of retailers and merchants. This year at the Paris Retail Week it was "smart phygital" a concept that means nothing more than the fact that eCommerce is morphing into retail commerce, driving changes in stores to go from mini-warehouses to an experience destinations where consumers will get product showrooms, advice and support. And all of that supported by digital technology and requiring huge digital transformation of processes and people.

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Digital will transform food shopping online, @Nielsen @FMI predict 70% will buy food online in 2025

Digital will transform food shopping online, @Nielsen @FMI predict 70% will buy food online in 2025 | WHY IT MATTERS: Digital Transformation | Scoop.it

FMI and Nielsen Company have partnered on the Digitally Engaged Food Shopper, a strategic engagement surrounding the forces and factors of change driven by digital technologies for both today’s and tomorrow’s food shopper. This multi-year initiative will reveal top trends in digitally enabled food shopping for both retailers and manufacturers to consider in their “connected commerce” strategies and capability investments. The exploration with Nielsen will ultimately inform food retailers and their trading partners how to craft a digital strategy; execute a plan; and appropriately resource it.

Farid Mheir's insight:

WHY IT MATTERS: FMI and Nielsen provide data to suggest that food grocery shopping online may reach disruption levels in 5-7 years. It is important because online grocery may be the last frontier of digital transformation. What we started in 1996 is finally showing signs of strong growth. We're almost there!

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