WHY IT MATTERS: Digital Transformation
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"Tech questions for 2022" by @benedictevans may actually provide the answer to #digitalDisruption

"Tech questions for 2022" by @benedictevans may actually provide the answer to #digitalDisruption | WHY IT MATTERS: Digital Transformation | Scoop.it

Sometimes the centre of gravity in tech is very clear, but as we enter 2022 there are lots of areas where trillion dollar questions are wide open. These are the questions I wonder about today, from crypto to cars to fast fashion - there are others.

Farid Mheir's insight:

WHY IT MATTERS: this list of technology questions for 2022 feels like an answer to the question "what is digital disruption?".

We have reached a moment in time where old technologies - eCommerce or videoconferencing for example - are finally breaking into established industries. And the impact, at scale, cannot be found in technology but rather in every single industry it disrupts.

Very thoughtful piece, very good questions.

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How will #5G transform retail? Forrester CIO’s Guide to 5G In Retail provides some answers and raises some flags #AR #VR #supplyChain

How will #5G transform retail? Forrester CIO’s Guide to 5G In Retail provides some answers and raises some flags #AR #VR #supplyChain | WHY IT MATTERS: Digital Transformation | Scoop.it

This report highlights potential 5G use cases in retail and provides advice on how retail CIOs can explore the potential of 5G.

Key Takeaways
- 5G-enabled augmented, mixed, and virtual reality alters brand-consumer interaction

- 5G-enabled IoT Services will drive supply-chain optimization
- 5G enables many other technologies in the retail sector
Farid Mheir's insight:

WHY IT MATTERS: 5G telecom network promises to revolutionize many industries including retail. This report from Forrester presents use cases for 5G may bring but also puts those in context of what exists today and how fast the transformation will be.

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Samsung “Neon” Artificial Intelligence Project Video on "artificial humans" at #CES2020 - listen to the 5 min video & expect your brain to be blown away! Think of potential for #personalized video ...

Samsung “Neon” Artificial Intelligence Project Video on "artificial humans" at #CES2020 - listen to the 5 min video & expect your brain to be blown away! Think of potential for #personalized video ... | WHY IT MATTERS: Digital Transformation | Scoop.it

Samsung “Neon” project leader Pranav Mistry has confirmed that the project aims to create lifelike avatars using artificial intelligence. These virtual humans are based on captured data, but can generate their own expressions, movements and dialog in multiple languages. Mistry belives that one day soon a digital human could extend its role to become a part of our everyday lives, whether it be a virtual news anchor, virtual receptionist, or even an AI-generated film star. Read more for the leaked video and additional information.

Farid Mheir's insight:

WHY IT MATTERS: realistic looking avatars is essential to convey realism in many retailTech use cases from customer support to online video promotions. If this is realistic, cheap, easy to do, then this opens up the possibility of truly personalized video advertisement for example. And one step closer to digital disruption acceptance by blurring real with digital...

Starr Bicho's curator insight, January 6, 2020 2:57 PM
Wow, amazing technology!
Content Curating's curator insight, January 24, 2020 9:20 AM
Aussi fascinant que malaisant. Il y a encore du chemin Ă  faire mais Samsung y travaille dur.
#CES2020
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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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Amazon Showroom lets you customize furniture in a virtual living room is an attack on the retail store #showroom & provides new twist on the use of #AR #VR by IKEA, Wayfair Google Apple and Canadia...

Amazon Showroom lets you customize furniture in a virtual living room is an attack on the retail store #showroom & provides new twist on the use of #AR #VR by IKEA, Wayfair Google Apple and Canadia... | WHY IT MATTERS: Digital Transformation | Scoop.it

Amazon quietly rolled out Amazon Showroom, a tool that lets you place furniture in a virtual living room, making online furniture shopping more visual.

Farid Mheir's insight:

WHY IT MATTERS: sales of furniture online is difficult because it is difficult to visualize the product in your environment. At least in the store you can view the product in a fake setting (think IKEA rooms you have to travel through during your shopping trip). Augmented Reality has been tried to enhance paper catalogues in the past but now Amazon is trying to leverage 3D directly within their online store to help you decide if that table and sofa go well together. This is obviously a test and the links below should provide you with additional food for thought on the matter.

 

Hubstair a startup that helps retailers do a bit what Amazon showroom does: https://www.hubstairs.com/ 

http://fmcs.digital/blog/canadian-tire-enhances-2016-paper-catalogue-via-augmentedreality/ 

http://fmcs.digital/blog/google-project-tango-demonstrates-how-to-buy-wayfair-furniture-in-augmentedreality-ecommerce-googleio/ 

http://fmcs.digital/blog/ikea-2014-catalog-can-view-and-place-furniture-in/ 

http://fmcs.digital/blog/augmented-reality-catalog-places-ikea-furniture-in/

http://fmcs.digital/blog/apple-next-killer-app-may-be-augmentedreality-ikea-demo-and-others-to-come/ 

Roseni Moraes's curator insight, March 3, 2019 2:48 PM

WHY IT MATTERS: sales of furniture online is difficult because it is difficult to visualize the product in your environment. At least in the store you can view the product in a fake setting (think IKEA rooms you have to travel through during your shopping trip). Augmented Reality has been tried to enhance paper catalogues in the past but now Amazon is trying to leverage 3D directly within their online store to help you decide if that table and sofa go well together. This is obviously a test and the links below should provide you with additional food for thought on the matter.

 

Hubstair a startup that helps retailers do a bit what Amazon showroom does: https://www.hubstairs.com/ 

http://fmcs.digital/blog/canadian-tire-enhances-2016-paper-catalogue-via-augmentedreality/ 

http://fmcs.digital/blog/google-project-tango-demonstrates-how-to-buy-wayfair-furniture-in-augmentedreality-ecommerce-googleio/ 

http://fmcs.digital/blog/ikea-2014-catalog-can-view-and-place-furniture-in/ 

http://fmcs.digital/blog/augmented-reality-catalog-places-ikea-furniture-in/

http://fmcs.digital/blog/apple-next-killer-app-may-be-augmentedreality-ikea-demo-and-others-to-come/ 

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.@HBR proposes a Manager’s Guide to Augmented Reality and a companion #AR inset that you can play with (see video) #mustRead

.@HBR proposes a Manager’s Guide to Augmented Reality and a companion #AR inset that you can play with (see video) #mustRead | WHY IT MATTERS: Digital Transformation | Scoop.it

Augmented reality technologies promise to transform how we learn, make decisions, and interact with the physical world. In this package we explain what AR is, how its applications are evolving, and why it’s so important.

Farid Mheir's insight:

WHY IT MATTERS: AR is one of those technologies that have been discussed for so many years and that will explode into the scene with a plethora of consumer and business applications in the coming years. An overnight success story that has been 10 years in the making (if not more). This paper helps managers see business applications for this technology.

What makes it so compelling in the fact that mobile devices (2B+ and counting) all have support for this technology builtin. Just checkout the video I made using my Google Pixel 2 phone camera this morning. It just works!

https://www.facebook.com/fmheir/posts/10155798075150309

And Apple iOS users have the equivalent.

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3 #videos on retail store technology of today and tomorrow: The Future of Omni-Channel Retail, How stores track your shopping behaviour, Tech Savvy Store

Why are companies so intent on using technology to track our behavior? Our actions reveal what we desire, how we shop, and why we buy. Retailers can now learn so much more about shopper behavior than ever before, and while these “big data” applications create concerns about privacy, the detailed data can be used to design stores, product offerings and promotions that connect with our interests, speed up the shopping process, and help us find items we will buy. 

Farid Mheir's insight:

WHY IT MATTERS: we all go to stores and seldom notice the technology that surrounds us and tracks our moves.

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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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Grocery Store Of The Future: 65 Startups Reimagining Shelf Stocking, Product Promotion, Shopper Tracking, And More

Grocery Store Of The Future: 65 Startups Reimagining Shelf Stocking, Product Promotion, Shopper Tracking, And More | WHY IT MATTERS: Digital Transformation | Scoop.it
The startups in this infographic have raised nearly $1.5B to optimize grocery store operations with AI, virtual reality and more.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Grocery is the last frontier for digital disruption, everyone knows (huge market but late adopter of digital, especially eCommerce see http://sco.lt/8ai7W5 http://sco.lt/6q1Ijx http://sco.lt/8Y94vh ).

But no one knows when exactly they'll get disrupted. Many are betting on eCommerce but from the looks of this report, we may see a lot of changes in our weekly trip to the supermarket, from shelf monitoring to augmented reality.

Then again, grocers are pre-historic in their use of technology because of low margins and a very repetitive shopping experience. We mostly always buy the same products and are looking at our store "experience" to be fast with low prices, not so much fun and experiential (see Amazon GO http://sco.lt/8MTY8X where there is no cash register to slow you down still needs to be cheap http://sco.lt/80HuqX).

So my bets are on the startups that enable faster grocery shopping at a low cost- all others I expect will have a hard time (sorry AR and VR startups...)!

StartupVideoStash's curator insight, May 3, 2017 6:50 AM
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Canadian Tire enhances 2016 paper catalogue via #augmentedReality

Canadian Tire enhances 2016 paper catalogue via #augmentedReality | WHY IT MATTERS: Digital Transformation | Scoop.it
La décision de Canadian Tire d’effectuer un retour au papier est saluée par Jean Rickli, conseiller principal associé au J.C. Williams Group. « Ils vont aller chercher différents types de clients. Les personnes plus âgées, moins habiles avec les applications, et les plus jeunes, qui voient t&hel
Farid Mheir's insight:

(in french, english here)

Canadian Tire follows the likes of IKEA catalogue, real estatetechnical publication, tourist guides and other applications to extends its paper catalogue with additional information using mobile phone technologies. Not sure the IKEA project received huge success but again this was 2013 and a lot has changed in the past 3 years.

 

With virtual reality (VR) being trumpeted as the next big thing, Augmented Reality (AR) may actually provide something more useful and less intrusive - thus leading to faster and larger adoption? Microsoft hololens project sure thinks that way.

 

http://bit.ly/1SEJeS8 

http://sco.lt/6g6TZp 

http://conference.corp.at/archive/CORP2013_128.pdf 

http://www.inglobetechnologies.com/docs/whitepapers/AR_printing_whitepaper_en.pdf 

http://www.scoop.it/t/digital-transformation-of-businesses/?tag=Augmented+Reality 

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