WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Toward smart production: Machine intelligence in business operations shows positive impact on bottom line but still immature field @McKinsey #AI #machineLearning

Toward smart production: Machine intelligence in business operations shows positive impact on bottom line but still immature field @McKinsey #AI #machineLearning | WHY IT MATTERS: Digital Transformation | Scoop.it

A detailed study of machine intelligence in industrial and manufacturing operations reveals the surprisingly different paths companies can take. But a group of leaders shares similar characteristics.

Farid Mheir's insight:

WHY IT MATTERS: AI delivers real value in the manufacturing and production side of business. The McKinsey report shows ML and AI impacts bottom line more than top line, and that the field remains immature with the need for center of excellence and help from academia. Overall a useful reference when planning for back office and supply chain improvements.

lebens's curator insight, March 16, 2022 9:28 PM
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Nolwandle Mvelo's curator insight, May 19, 2023 2:25 AM

How the use of machinery makes the production process much quicker and effective 

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65 Artificial Intelligence Statistics for 2021 and Beyond #ML #AI #trends

65 Artificial Intelligence Statistics for 2021 and Beyond #ML #AI #trends | WHY IT MATTERS: Digital Transformation | Scoop.it

Artificial intelligence today plays a massive role in strengthening and transforming industries around the world. In this article, we’ll go over all of the newest artificial intelligence statistics to help you determine if AI is right for your business’s future.

Farid Mheir's insight:

WHY IT MATTERS: for those that still need stats to convince colleagues that #AI is here and useful.

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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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50 Cognitive Biases to be Aware of so You Can be the Very Best Version of You

50 Cognitive Biases to be Aware of so You Can be the Very Best Version of You | WHY IT MATTERS: Digital Transformation | Scoop.it

The human brain is pretty tricky: While we think we know things, there’s a whole list of cognitive biases that can be gumming up the works.

Farid Mheir's insight:

WHY IT MATTERS: always good to know these things.

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5 #digitalTransformation areas for Boards via @McKinsey - Does your Board do that? Heck, does your *management* do that? Having senior executives with the interest or knowledge about the topics in ...

5 #digitalTransformation areas for Boards via @McKinsey - Does your Board do that? Heck, does your *management* do that? Having senior executives with the interest or knowledge about the topics in ... | WHY IT MATTERS: Digital Transformation | Scoop.it

Boards can add value to their business’s digital transformation in five specific areas.

Farid Mheir's insight:

WHY IT MATTERS: not sure many senior executives, with backgrounds in Finance or Law, have the knowledge or interest to raise those topics and show their limited understanding of the whole thing. Then again, maybe it's just me...

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The Rise of the CTO - 2021 IBM CEO study highlights the importance of #technology for CEOs - trend or #tunnelVision from @IBM? Thanks to @SeanMoffitt @FutureproofingN

The Rise of the CTO - 2021 IBM CEO study highlights the importance of #technology for CEOs - trend or #tunnelVision from @IBM? Thanks to @SeanMoffitt @FutureproofingN | WHY IT MATTERS: Digital Transformation | Scoop.it

We surveyed more than 3,000 CEOs around the world to learn how they are positioning their organizations for success after COVID-19. Five key factors set outperforming CEOs apart.

Farid Mheir's insight:

WHY IT MATTERS: technology is high on CEO radar of priorities as digital transformations shifts from front-office (web, social, search, all areas of the marketing CMO) to the back office (manufacturing, security, IOT, cloud, AI). CIOs play a role but many times they can't cut it so the CTO comes in. Could be a fundamental trend, or simply tunnel vision (it is an IBM survey after all ;-). Thanks to Sean Moffitt - Future Proofing Next guru! Many more insights in the full report.

andrenghutch@gmail.com's curator insight, February 7, 2021 11:12 PM

real estate is all about location, business is all about culture.

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#digital is 50 years old: so what is next in #eCommerce and other areas? 134 fact-based data-full slides from @benedictevans provide insights into what the future may hold #mustRead

#digital is 50 years old: so what is next in #eCommerce and other areas? 134 fact-based data-full slides from @benedictevans provide insights into what the future may hold #mustRead | WHY IT MATTERS: Digital Transformation | Scoop.it

Covid brought shock and a lot of broken habits to tech, but mostly, it accelerates everything that was already changing. 20 trillion dollars of retail, brands, TV and advertising is being overturned, and software is remaking everything from cars to pharma. Meanwhile, China has more smartphone users than Europe and the USA combined, and India is close behind - technology and innovation will be much more widely spread. For that and lots of other reason, tech is becoming a regulated industry, but if we step over the slogans, what does that actually mean? Tech is entering its second 50 years.

Farid Mheir's insight:

WHY IT MATTERS: a great new overview of the digital transformation (my words), with fact-based data-full slides. I especially like everything about eCommerce in there which will become reference for me in coming months. I extracted just one striking illustration of the wide variation of eCommerce penetration depending on industry. This chart highlights how different the digital transformation strategies must be in the toys&games industry vs the grocery industry. Love it. Many more in the full presentation.

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454 pages sur la #transformationNumérique par @CIRANO - #TLDR j'aurai aimé la version sommaire pour savoir quoi faire avec tout cela....

454 pages sur la #transformationNumérique par @CIRANO - #TLDR j'aurai aimé la version sommaire pour savoir quoi faire avec tout cela.... | WHY IT MATTERS: Digital Transformation | Scoop.it

cette édition du Québec économique montre comment les innovations numériques au sein de nos organisations publiques et privées touchent actuellement tous les secteurs de notre économie, faisant de la transformation en cours une véritable révolution numérique sur le marché de l’emploi, mais également dans le monde de l’éducation et de la formation. L’écosystème d’innovation et de collaboration qui se met en place au Québec et au Canada, principalement autour de l’IA, fait l’objet d’analyses poussées dans cet ouvrage.

Farid Mheir's insight:

WHY IT MATTERS: je comprends que ce sont des universitaires et qu'ils doivent être précis mais svp pensez aux lecteurs qui ont autre chose à faire et à lire....

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This post summarizes what I think about when I refer to #digitalTransformation: What comes after smartphones? via @BenedictEvans

This post summarizes what I think about when I refer to #digitalTransformation: What comes after smartphones? via @BenedictEvans | WHY IT MATTERS: Digital Transformation | Scoop.it

There’s an old saying that the first fifty years of the car industry were about creating car companies and working out what cars should look like, and the second fifty years were about what happened once everyone had a car - they were about McDonalds and Walmart, suburbs and the remaking of the world around the car, for good and of course bad. The innovation in cars became everything around the car. One could suggest the same today about smartphones - now the innovation comes from everything else that happens around them.

Farid Mheir's insight:

WHY IT MATTERS: this post is a bit theoretical for someone not bathing in digital transformation all day as I do (mostly). It explores what could come next but more importantly stresses an important fact: we now have a new platform - the mobile phone - in our pockets that has the potential to transform our world. We have started to see this with eCommerce - physical retail stores become irrelevant and we can price compare from anywhere - but we have yet to see the real impact of eCommerce+mobile+cloud+5G. THIS is what I think about most days...

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Future Today Institute : 2020 #Tech #Trends Report is 360 pages of trends and disruptions

Which technology trends are most likely to impact your business in the coming years? Trends are waypoints to help anticipate future states in a world where uncertainty looms. The Future Today Institute's annual Tech Trends Report asks you to examine your assumptions, cherished beliefs and expectations for the future using a bolder, more holistic perspective. In the 13th edition of our Tech Trends Report, we forecast the key technology trends that will redefine businesses in the coming years. More importantly, we offer strategic analysis and guidance on those trends and further explore them in future scenarios to help you understand their implications on your organization and industry.

Farid Mheir's insight:

WHY IT MATTERS: 360 pages of reference material for any strategic planning exercice.

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Special Report on Artificial Intelligence by @Fortune should on your weekend #mustRead #AI

Special Report on Artificial Intelligence by @Fortune should on your weekend #mustRead #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

The hype about artificial intelligence is unavoidable. From Beijing to Seattle, companies are investing vast sums into these data-hungry systems in the belief that they will profoundly transform the business landscape. The stories in this special report will deepen your understanding of a technology that may reshape our world.

Farid Mheir's insight:

WHY IT MATTERS: this special report provides good insights into what state of the art on AI is from a business application standpoint.

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Rich nations urged to prep workers for age of automation - case in point: >80% of population was farming less than 100 years ago. Today, 2%. Yet, we all jobs, just DIFFERENT ones. Real question: Wh...

Rich nations urged to prep workers for age of automation - case in point: >80% of population was farming less than 100 years ago. Today, 2%. Yet, we all jobs, just DIFFERENT ones. Real question: Wh... | WHY IT MATTERS: Digital Transformation | Scoop.it
Technological change driving ‘creative destruction’ in jobs market, says OECD
Farid Mheir's insight:

WHY IT MATTERS: recurring theme for the past few hundred years: you won't have jobs become technology will make you irrelevant. TRUE. Case in point, more than 80% of population was working on a farm less than 100 years ago. Today, 2%. Yet, we all jobs, just DIFFERENT ones. What will yours be in 2050?...

PSK Technologies Nagpur's comment, December 25, 2019 6:36 AM
thanks for information: http://bit.ly/2l1NnZI
Gusti Aji's curator insight, January 20, 2020 1:09 AM
mesinsakti.com
tokomesinmakassar.com
mesinindustrimurah.com
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New survey of 8000+ people reports that 64% Trust a Robot More Than Their Manager - and other gems like this one on how #AI is changing the workplace via @WEF @Oracle

New survey of 8000+ people reports that 64% Trust a Robot More Than Their Manager - and other gems like this one on how #AI is changing the workplace via @WEF @Oracle | WHY IT MATTERS: Digital Transformation | Scoop.it

Global research highlights how AI is changing the relationship between people and technology at work.

Farid Mheir's insight:

WHY IT MATTERS: this is a survey so all about perceptions - but perception is often reality in this era of fake news. The survey results provide useful insights into the fears and the powers that people see in AI today. Very useful when you approach change management in AI projects ...

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Skills of workers trend towards #DataScience & #ML but also business & social skills, all areas where computers fail miserably #beWarned @Gartner @dataiku

Skills of workers trend towards #DataScience & #ML but also business & social skills, all areas where computers fail miserably #beWarned @Gartner @dataiku | WHY IT MATTERS: Digital Transformation | Scoop.it

Get a copy of the playbook Leading Upskilling Initiatives in Data Science & Machine Learning, compliments of Dataiku.

Farid Mheir's insight:

WHY IT MATTERS: AI & ML will replace many jobs but this report from Gartner confirms that workers should improve their business and social skills to differentiate.

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#AI 101: What is artificial intelligence and where is it going? @MIT @SeattleTimes

#AI 101: What is artificial intelligence and where is it going? @MIT @SeattleTimes | WHY IT MATTERS: Digital Transformation | Scoop.it

The A.I. Age | This 12-month series of stories explores the social and economic questions arising from the fast-spreading uses of artificial intelligence. The series is funded with the help of the Harvard-MIT Ethics and Governance of AI Initiative. Seattle Times editors and reporters operate independently of our funders and maintain editorial control over the coverage.

Farid Mheir's insight:

WHY IT MATTERS: a good long read about AI, machine learning and what are current possibilities, for non techies. Part of a larger series of articles from MIT and Seattle Times paper.

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Machine learning deployment has become the new tool to solve a whole set of problems that were unsolvable with traditional computing and this article explains why #AI is everywhere from @benedictev...

Machine learning deployment has become the new tool to solve a whole set of problems that were unsolvable with traditional computing and this article explains why #AI is everywhere from @benedictev... | WHY IT MATTERS: Digital Transformation | Scoop.it

In the last 5-6 years, machine learning has gone from ‘crazy idea from the 1980s’ to ‘software’. That has come with several waves of deployment and several waves of company creation, as we work out what do do with it. It’s the new SQL.

Farid Mheir's insight:

WHY IT MATTERS: everyone and everything is about AI it seems these days. Not wrong, AI (actually ML) will impact every industry and every application. Like SQL did in 1980s or HTTP didi in the 90s. Now it is machine learning and neural nets. This article presents the different "ways" companies internalize AI, and many ways use AI tools and techniques as building blocks to address problems that were insolvable a few years ago (because they required vision or audio processing, which for ML is actually the same things. So for my clients I say: do you have a problem you could not solve with traditional computing? Then maybe AI/ML can provide an answer.

Marcin Jakub Sołtysiak's curator insight, January 2, 2020 9:24 AM
Sztuczna inteligencja pomaga rozwiązywać jak dotąd nierozwiązywalne problemy
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Wafer-Scale Deep Learning wafer-scale chip details the technology behind 1 trillion transistor largest ever commercial chip manufactured: the scale and the power of this device is unheard of @cereb...

Wafer-Scale Deep Learning wafer-scale chip details the technology behind 1 trillion transistor largest ever commercial chip manufactured: the scale and the power of this device is unheard of @cereb... | WHY IT MATTERS: Digital Transformation | Scoop.it

The WSE (pronounced “wise”) is the largest commercial chip ever manufactured, built to solve the problem of deep learning compute. The WSE is 1.2 trillion transistors, packed onto a single 215mm x 215mm chip with 400,000 AI-optimized cores, connected by a 100Pbit/s interconnect. The cores are fed by 18 GB of super-fast, on-chip memory, with an unprecedented 9 PB/s of memory bandwidth.

Farid Mheir's insight:

WHY IT MATTERS: this article and accompanying PDF presentation dive into the technical details of how it is now possible to put 1 trillion transistor on a chip designed for the sole purpose of machine learning. This is a BIG DEAL.

Slides and word document are here:

 

https://secureservercdn.net/198.12.145.239/a7b.fcb.myftpupload.com/wp-content/uploads/2019/08/HC31_1.13_Cerebras.SeanLie.v02.pdf

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5 technical challenges Cerebras overcame in building the first trillion-transistor chip highlights the state of the art in silicon fabrication & advances we can expect in #machineLearning and #AI i...

5 technical challenges Cerebras overcame in building the first trillion-transistor chip highlights the state of the art in silicon fabrication & advances we can expect in #machineLearning and #AI i... | WHY IT MATTERS: Digital Transformation | Scoop.it

Superlatives abound at Cerebras, the until-today stealthy next-generation silicon chip company looking to make training a deep learning model as quick as buying toothpaste from Amazon. Launching after almost three years of quiet development, Cerebras introduced its new chip today — and it is a doozy.

Farid Mheir's insight:

WHY IT MATTERS: this is a BIG deal in hardware design. Being able to fabricate such a large system enables capabilities to a scale previously unheard of. Read this article for a high level overview, watch the next blog post for an in depth description.

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This #video webinar describes a 5-step process every company should use to build their first #AI project #weekendRead @vooban @FoltzHugues

This #video webinar describes a 5-step process every company should use to build their first #AI project #weekendRead @vooban @FoltzHugues | WHY IT MATTERS: Digital Transformation | Scoop.it

Bien que l'intelligence artificielle est sur toutes les lèvres, très peu de gestionnaires sont familiers avec les différentes applications qu'offrent l'IA et surtout, comment concrètement l'implanter au sein de leur organisation. C'est ce que nous tenterons de démystifier dans ce webinaire qui portera sur les différentes étapes d'une transformation digitale. Joignez-vous à nous pour savoir;

  • Par où commencer ?
  • Les questions à se poser
  • Comment faire l'état des lieux
  • Quels acteurs impliquer
  • Comment éviter le ''trip'' technologique
Farid Mheir's insight:

WHY IT MATTERS: AI projects require a specific process pipeline to ensure that the required data is available, in sufficient quality and quantity to leverage the AI tools. this webinar provides a good executive level overview of this process.

স্পর্শের আড়ালে's comment, September 15, 2019 4:14 PM
https://bit.ly/2V0Weeq #tshirtdesign
Angélique Mhiri ✨'s curator insight, November 11, 2019 1:21 AM

WHY IT MATTERS: AI projects require a specific process pipeline to ensure that the required data is available, in sufficient quality and quantity to leverage the AI tools. this webinar provides a good executive level overview of this process.

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Preparing and Architecting for Machine Learning describes @Gartner reference architecture for an ML data processing flow #AI #ML Data

Preparing and Architecting for Machine Learning describes @Gartner reference architecture for an ML data processing flow #AI #ML Data | WHY IT MATTERS: Digital Transformation | Scoop.it

Machine learning continues to gain traction in digital businesses, and technical professionals must embrace it as a tool for creating operational efficiencies. This updated primer discusses the benefits and pitfalls of machine learning, architecture updates, and new roles and responsibilities.

Farid Mheir's insight:

WHY IT MATTERS: this report from Gartner surprisingly is very useful as it provides a framework and target reference architecture for machine learning and AI. Very well done and useful. The link is for 2018 update but the original 2017 report is available for free here: https://www.gartner.com/binaries/content/assets/events/keywords/catalyst/catus8/preparing_and_architecting_for_machine_learning.pdf

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How to Make Your Company Machine Learning Ready provides a simple 4-step approach that focusses on processes instead of technology via @HBR #AI #ML #Data #ProcessMapping

How to Make Your Company Machine Learning Ready provides a simple 4-step approach that focusses on processes instead of technology via @HBR #AI #ML #Data #ProcessMapping | WHY IT MATTERS: Digital Transformation | Scoop.it

It’s where forward-thinking managers should be focusing.

  1. First, catalogue your business processes. 
  2. Second, focus on simple problems. 
  3. Third, don’t use machine learning where standard business logic will suffice.
  4. Fourth, if a process is complicated, use machine learning to create decision support systems.
Farid Mheir's insight:

WNHY IT MATTERS: everyone's wondering how to use AI within their organization. This paper suggests a 4-step approach to make this a reality, focussing on processes rather than technology.

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"Build the #AI Business Case" from @Gartner is a #CIO's guide to create the strategy & business case to implement artificial intelligence in the enterprise

"Build the #AI Business Case" from @Gartner is a #CIO's guide to create the strategy & business case to implement artificial intelligence in the enterprise | WHY IT MATTERS: Digital Transformation | Scoop.it

Digital business is accelerating interest in artificial intelligence (AI) at a pace that has left many CIOs hurrying to build an AI strategy and investment plan appropriate for their enterprise.  
CIOs are in the perfect position to educate their company’s CEO and board about recent developments in artificial intelligence and show how AI might influence their business and competitive landscape. 
Gartner’s e-book provides actionable insights and advice to create and implement a plan for artificial intelligence in the enterprise, make the business case to the c-suite and the board, and build the right AI data. 

Farid Mheir's insight:

WHY IT MATTERS: this report from Gartner provide a framework to structure AI experimentation within the organizations. What it says, really, is that for most companies, AI remains an exploratory process to gain insights into what works and what doesn't as most of the data and the technology is often not ready for prime-time.

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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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Amazon GO convenience stores are its most ambitious research project - it provides a glimpse into the long-term process & high cost of R&D that is required to disrupt the 12T$ grocery industry via ...

Amazon GO convenience stores are its most ambitious research project - it provides a glimpse into the long-term process & high cost of R&D that is required to disrupt the 12T$ grocery industry via ... | WHY IT MATTERS: Digital Transformation | Scoop.it

One former employee claims it’s one of the most expensive research and development projects in the company’s history, though Kumar disputes that, saying the stores use off-the-shelf hardware and Amazon’s existing cloud computing infrastructure. Still, considering the dense placement of cameras and sensors, and the tech-support crews that are on call at all hours of the week, it’s much more expensive than running, say, a 7-Eleven, which could be staffed by a single cashier and—with the possible exception of the Slurpee machine—have little in the way of bespoke technology.

Farid Mheir's insight:

WHY IT MATTERS: this is by far the best review of Amazon GO stores to date. More important is the description of the R&D process, with its hits and misses, failure to deliver, etc. Underlying it all it is a testament to the relative efficiency of conventional supermarkets and convenience stores: large space, racks of products, a checkout counter and as little as 1 person paid minimum wage to pack the shelves and take payment. Technology has a long way to go to be that cost effective. Then again, it is experiments like these that push the limits of what's possible and make the technology readily available to reach the tipping point at which time everything falls into place...

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Retail 2030 from @CBRE suggests 42 trends that may shape the #futureOfRetail- as expected #AI #technology #robots play a big part but so do changes in consumer habits and environment conciousness H...

Retail 2030 from @CBRE suggests 42 trends that may shape the #futureOfRetail- as expected #AI #technology #robots play a big part but so do changes in consumer habits and environment conciousness H... | WHY IT MATTERS: Digital Transformation | Scoop.it

The retail industry is rewriting the laws of physics. Change is coming at an ever faster rate each year and 2030 will be upon us before we know it. Explore the world in 2030 and the future of retail 2030.  

Farid Mheir's insight:

WHY IT MATTERS: the report is not available for free but the 42 slide summary is a great overview of key trends that are presented with observations and outcome.

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