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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The complex decisions behind Chanel's new lipstick color matching #AI highlights the steps and the people that must be involved to do #AI right

The complex decisions behind Chanel's new lipstick color matching #AI highlights the steps and the people that must be involved to do #AI right | WHY IT MATTERS: Digital Transformation | Scoop.it

The luxury brand used synthetic data to avoid potential bias and on-device processing to sidestep privacy pitfalls in creating its new Lipscanner app.

Farid Mheir's insight:

WHY IT MATTERS: the account of the development of a lipstick color matching mobile app highlights the challenges faced when developing AI apps the "right" way - and the multidisplinary team involved.

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Email #Marketing Trends Report 2021: from design to #privacy to artificial intelligence, #email remains core to the #digitalTransformation #AI 

Email #Marketing Trends Report 2021: from design to #privacy to artificial intelligence, #email remains core to the #digitalTransformation #AI  | WHY IT MATTERS: Digital Transformation | Scoop.it

In one of the most popular trends reports in the industry, we take a journey through the important email marketing and automation trends for 2021. 8 leading email marketing experts join forces to bring you the latest trends essential for business success this year.

Farid Mheir's insight:

WHY IT MATTERS: to my surprise email remains a key tools in the digital marketing tool belt yet I remain surprise at the level of complexity that it requires *when done well*. Thus this report on key trends and best practices I find useful.

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The #retail industry should benefit most from #AI in #marketing and #supplyChain but are retailers leveraging it? via @McKinsey

The #retail industry should benefit most from #AI in #marketing and #supplyChain but are retailers leveraging it? via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

An analysis of more than 400 use cases across 19 industries and nine business functions highlights the broad use and significant economic potential of advanced AI techniques.

Farid Mheir's insight:

WHY IT MATTERS: I was surprise to see that the retail industry has the highest potential to leverage AI. This report provides the insights and the analysis.

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RETAILING 2020–2030 reaffirms that #retailRevolution is based on new business models and technologies #AI #Personalization #DTC #popupStores - note: this is #pre-covid - via @Forbes @IBM @Schmetail

RETAILING 2020–2030 reaffirms that #retailRevolution is based on new business models and technologies #AI #Personalization #DTC #popupStores - note: this is #pre-covid - via @Forbes @IBM @Schmetail | WHY IT MATTERS: Digital Transformation | Scoop.it

Here are my top six trends:

1-Niche Rich: Continued Customer Segmentation Refinement

2-Digital Meets Physical: Balancing Convenience and Connection

3-Sustainability: Casting a Very Long Shadow

4-New Formats: The Next Marketplaces, More DTC Brands

5-The Linchpin: Data and Technology

6-Mall Fall: Department Store Degradation and Mall Seizure

Farid Mheir's insight:

WHY IT MATTERS: an article that summarizes many of the important trends of the retail transformation. Important note: this is pre-covid....

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2020 Gartner Magic Quadrant for CRM Customer Engagement Center

2020 Gartner Magic Quadrant for CRM Customer Engagement Center | WHY IT MATTERS: Digital Transformation | Scoop.it

Complimentary copy of the latest Gartner Magic Quadrant for CRM Customer Engagement Center (CEC) and find out why Freshworks is the only company recognized as a Visionary.

Farid Mheir's insight:

WHY IT MATTERS: I love the quadrants, not so much for the ranking (often biased) but for the analysis. Jump to the end of the report to understand just how far we've come from phone based call centers to todays self-service and AI enabled mobile solutions.

salvadorelopezzzz's curator insight, July 18, 2020 10:22 AM
hallisog's curator insight, July 19, 2020 10:15 AM
hallisog's curator insight, July 19, 2020 10:15 AM
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Have we been focussing on the wrong #chatbot use case? Gartner thinks so & claims chatbots are better for Modern Workers than for customer service. I tend to agree, or maybe they'll become modern v...

Have we been focussing on the wrong #chatbot use case? Gartner thinks so & claims chatbots are better for Modern Workers than for customer service. I tend to agree, or maybe they'll become modern v... | WHY IT MATTERS: Digital Transformation | Scoop.it

The proliferation of chatbots in the modern workplace calls for IT leaders to create a conversational platform strategy that ensures an effective solution for employees, customers and key partners.

Farid Mheir's insight:

WHY IT MATTERS: chatbots were supposed to solve all customer service issues. That was 5 years ago. Today, we see them deployed with limited value on websites mostly as pre-screeners to qualify leads. As Gartner proposes here, maybe their use is better within organizations to help workers be more productive. Or maybe we're just creating a new "clippy" office assistant

(Microsoft circa 1998 https://en.wikipedia.org/wiki/Office_Assistant)

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The impact of #digitalTransformation #AR #eCommerce #personalization #AI #facialRecognition truly impacts every industry. Case in point:  15 Trends Changing The Face Of The Beauty Industry In 2020 ...

The impact of #digitalTransformation #AR #eCommerce #personalization #AI #facialRecognition truly impacts every industry. Case in point:  15 Trends Changing The Face Of The Beauty Industry In 2020 ... | WHY IT MATTERS: Digital Transformation | Scoop.it

2019 has been a banner year for beauty tech. See what tech-backed cosmetics brands will continue to transform and disrupt the sector in 2020 and beyond.

Farid Mheir's insight:

WHY IT MATTERS: this report provides insights in the many transformations that the beauty industry is going through, with many being digital technology driven.

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6 Technologies on the Gartner Hype Cycle for Digital marketing and Advertising to prioritize in your marketing technology investments 

6 Technologies on the Gartner Hype Cycle for Digital marketing and Advertising to prioritize in your marketing technology investments  | WHY IT MATTERS: Digital Transformation | Scoop.it

Use the 2019 Gartner Hype Cycle for Digital Marketing and Advertising to prioritize your marketing technology investments.

Farid Mheir's insight:

WHY IT MATTERS: Gartner recommends that marketers prioritize the following 6 tech this year. Do you?
1- Customer data platform (CDP)
2- Artificial intelligence for marketing
3- Blockchain for advertising
4- Real-time marketing
5- Multitouch attribution
6- Conversational marketing

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Getting Your AI Strategy On Track provides guidelines to draft your organization strategy via @theinnoscout #AI

Getting Your AI Strategy On Track provides guidelines to draft your organization strategy via @theinnoscout #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

By now you understand that AI is mainstream. We carry it around in our phones, it’s installed in our automobiles and household appliances. But how should you be thinking about using AI in your business? Start by considering the data managed by your company. What can your data teach you about your business? What can you automate or streamline using your data? If there are repetitive processes in your business, AI can be used to automate those processes.
For example, if you have large customer data sets, it is likely you can use machine learning to let the data tell you more about those customers, give you intelligent insights that will help you to create a more customer focused offering. Examples: Retail banks use AI to offer appropriate banking products tailored for individual customers. Insurance companies use AI to verify identity, assess risk profiles and recommend coverage. Companies are using ML to sort though massive resumes to find the best matches for new employees.

Farid Mheir's insight:

WHY IT MATTERS: this report provides very useful insights into steps to build an AI strategy for organizations. It starts, obviously with data, and provides examples of tools and technologies to help get you started.

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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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State of Digital Media 2019 highl;ights the importance of a #CDP to unify customer data in a single location via @LUMAPartners

State of Digital Media 2019 highl;ights the importance of a #CDP to unify customer data in a single location via @LUMAPartners | WHY IT MATTERS: Digital Transformation | Scoop.it

LUMA is the leading investment bank focused on digital media and marketing. We provide strategic advice, proven M&A expertise, and extensive industry knowledge to optimize outcomes for our clients.

Farid Mheir's insight:

WHY IT MATTERS: a clever overview of the digital media world that highlights the importance of digital technology and in particular of unified customer data to break down silos. Very true indeed!

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Must read: Report on Email Marketing Trends provides tools and technologies to craft email subject, content, & personalization using machine learning via @pure360 @smartInsights #Marketing #AI #mus...

Must read: Report on Email Marketing Trends provides tools and technologies to craft email subject, content, & personalization using machine learning via @pure360 @smartInsights #Marketing #AI #mus... | WHY IT MATTERS: Digital Transformation | Scoop.it

Average open rates are between 15% and 25% range, depending on industry, so for the 75% to 85% of recipients who do not open any given email they receive, the subject line IS the email. The ultimate email marketing guide is free to discover the trends that will impact email marketing in 2019.

Farid Mheir's insight:

WHY IT MATTERS: a recent survey provides numerous insights into email marketing tools and techniques. A great reference with numerous examples, tools and technologies. One highlight of the report are all the tools available that include AI and machine learning technologies to help craft the best content.

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Opportunities and tools for AI across the customer lifecycle are many says recent report on Email Marketing Trends 2019 via @pure360 @smartInsights #Marketing #AI

Opportunities and tools for AI across the customer lifecycle are many says recent report on Email Marketing Trends 2019 via @pure360 @smartInsights #Marketing #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

Beyond the world of email marketing in the wider world of business, the impact of Artificial Intelligence (AI) on productivity and employment has risen to prominence in the last two plus years as more affordable systems have become available from vendors. This has naturally prompted marketers to review the potential marketing applications of AI. To answer this question, in our guide to marketing applications of AI , Smart Insights has reviewed the opportunities and tools for AI across the customer lifecycle. This report highlights the critical trends and techniques that will help you transform your brand-customer relationships using the most powerful channel in your marketing mix: email!

Farid Mheir's insight:

WHY IT MATTERS: a recent survey provides numerous insights into email marketing tools and techniques. A great reference with numerous examples, tools and technologies. One highlight of the report is the role that AI plays in the creation and delivery of email campaigns in the coming years.

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Finding the right mix of email+SEO+ads+content is key to getting ROI says recent survey on Email Marketing Trends 2019 via @pure360 @smartInsights #Marketing #AI

Finding the right mix of email+SEO+ads+content is key to getting ROI says recent survey on Email Marketing Trends 2019 via @pure360 @smartInsights #Marketing #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

In 2019, email marketing remains one the most effective techniques for digital marketers, so keeping up-to-date with the latest trends, best practice techniques, and technologies for email marketing remains extremely important. Our recent Managing Digital Marketing in 2019 report shows that over two-thirds of marketers rated email marketing as providing the highest or medium return-on-investment (ROI) when compared to other channels.

Farid Mheir's insight:

WHY IT MATTERS: a recent survey provides numerous insights into email marketing tools and techniques. A great reference with numerous examples, tools and technologies. One highlight of the report is the importance / ROI of email but also ads, SEO and content marketing: there is no silver bullet but rather a good mix of solutions.

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MIT report explores the next-gen powers of AI for organizations to harness #AI technology and integrate it seamlessly into their #CRM via @MITTechReview

MIT report explores the next-gen powers of AI for organizations to harness #AI technology and integrate it seamlessly into their #CRM via @MITTechReview | WHY IT MATTERS: Digital Transformation | Scoop.it

The golden era of AI is here. But how can organizations best harness the technology and integrate it seamlessly into their CRM? This MIT report explores the next-gen powers of AI for CRM. Download the whitepaper for a deep dive on how Salesforce Platform, embedded with Einstein, turns customer data into predictive insights to deliver the most personalized, intelligent experiences for both customers and employees.

Farid Mheir's insight:

WHY IT MATTERS: this report presents some interesting use case where AI and Big Data are leveraged to automate and extend marketing capabilities for well known retailers and manufacturers.

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Five AI Solutions Transforming B2B Marketing: automated emails & predictive analytics can act as a force multiplier for #B2B #marketing teams #AI

AI offers a helping digital hand to overburdened B2B marketing departments.

Farid Mheir's insight:

WHY IT MATTERS: we all wonder how we will ever apply AI into our daily activities given how complex it is to develop AI and the lack of resources on the market. But the same way you don't need to know how combustion engines work to drive a car or how HTTP or TCP IP work to search the web on Google, AI will find its way into our everyday tools (think Google assistant) and impact every job on the market. No need to hire an AI dev team in your organization but you need to make sure you use the latest AI-infused tools to gain that advantage.

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