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 Internet of Things may transform our lives or even spell the end of Capitalism. In any case it requires a new business mindset - Ecosystem Thinking #IOT

The Internet of Things may transform our lives or even spell the end of Capitalism. In any case it requires a new business mindset - Ecosystem Thinking #IOT | WHY IT MATTERS: Digital Transformation | Scoop.it

The notion of value creation and capture is a core component of business and the models that drive it. While historically viewed with a traditional product mindset, several emerging forces will alter this basic tenet of business.

Farid Mheir's insight:

WHY IT MATTERS: always good to remind ourselves that IOT means more than connecting devices to the Internet: it opens up and new way of thinking where everything we use is part of a digital ecosystem.

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Gartner's Hype Cycle for Emerging Technologies should guide your next #strategicPlan priorities

Gartner's Hype Cycle for Emerging Technologies should guide your next #strategicPlan priorities | WHY IT MATTERS: Digital Transformation | Scoop.it

The Hype Cycle for Emerging Technologies provides insights gained from evaluating more than 2,000 technologies. The eight added in 2017 include 5G, Artificial General Intelligence, Deep Learning, Deep Reinforcement Learning, Digital Twin, Edge Computing, Serverless PaaS and Cognitive Computing.

Farid Mheir's insight:

WHY THIS MATTERS

I find most of my clients struggling to find time and money to implement technologies that have been around for more than 10 years: Internet, Big Data, mobility, cloud computing, etc. When they do make it to implement them in their organizations, it is often too little too late to make a difference with their competition. As Wayne Gretsky famously said, you should "skate to where the puck will be, not where it is". Thus, every company's strategy should have a clear view on AI, blockchain, robots, 3D printing, Internet of Things, etc. Does your strat plan include them?

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Top #Technologies for #Digital #Disruption hints that CIOs should act more like #VentureCapitalists

Top #Technologies for #Digital #Disruption hints that CIOs should act more like #VentureCapitalists | WHY IT MATTERS: Digital Transformation | Scoop.it

Forrester says that CIOs must act as VCs and recommends they support early-stage tech companies and have their own technology scouts. As CIO Angela Yochem told me in 2015, she has set up a process to find “capabilities that are not yet commercially available” and “quickly absorb, test, and utilize emerging technologies, and discard them if they are not appropriate and don’t give us a leg up on our competition.”

Farid Mheir's insight:

WHY IT MATTERS

Forrester has recently produced a matrix of disruptive technologies that is worth sharing. More important is the article conclusion where Forrester recommends that cIO act as Venture Capitalists to actively scout new technologies and companies to leverage this innovation for improved competitiveness. This is a radical departure form traditional IT roles and responsibilities which I believe has important benefits in large organizations where All eyes are on the CIO to lead the digital transformation. Unfortunately we are a long way away from this in most organizations.

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The IoT’s potential to forge connections (infographic)

The IoT’s potential to forge connections (infographic) | WHY IT MATTERS: Digital Transformation | Scoop.it
Devices that share their data are set to change the foundation of intelligience, and therefore, industries.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

There really seems to be a perfect storm brewing in the back office of most organizations with IOT + AI + big data + blockchain + AR-VR. Watch out for major disruptions in the coming years with new players that will leverage tech to make back office more efficient.

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5 Cities That Are Setting Trends in Smart City Development

5 Cities That Are Setting Trends in Smart City Development | WHY IT MATTERS: Digital Transformation | Scoop.it

"Trends in Smart City Development" is a new report from the National League of Cities featuring case studies about how five cities – Philadelphia, San Francisco, Chicago, Charlotte, N.C., and New Delhi, India – are using different approaches to implement smart city projects.
The report also provides recommendations to help local governments consider and plan smart city projects.
A "smart city" is one that has developed technological infrastructure that enables it to collect, aggregate, and analyze real-time data to improve the lives of its residents. The report suggests that any smart city effort should include explicit policy recommendations regarding smart infrastructure and data, a functioning administrative component, and some form of community engagement.
You can read the full report here. (PDF)

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Cities will contribute an enormous amount of data to help improve travel, work and life in general.

lazaretrichard's comment, April 7, 2017 3:47 AM
wow
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GE + Sight Machine are revolutionizing the #manufacturing industry by mirroring every machine in digital world 

GE + Sight Machine are revolutionizing the #manufacturing industry by mirroring every machine in digital world  | WHY IT MATTERS: Digital Transformation | Scoop.it
The concept of the digital twin contains a trap. When we think of a twin, we think of a copy of an individual. In the digital world, we often think of a copy of an individual device – a physical replica of conveyor belt or radar. The trap is that we limit the scope of twindom and think too small.
Farid Mheir's insight:

This concept of digital twins in the manufacturing world should not be confused with the concept of human digital twins.

http://fmcs.digital/blog/digital-twin/

Here, GE is mirroring digitally everything that a machine is doing, and Sight Machine is pushing the concept forward by mirroring entire manufacturing floors.

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#IoT Internet of Things Trends, Forecasts & Market Estimates

#IoT Internet of Things Trends, Forecasts & Market Estimates | WHY IT MATTERS: Digital Transformation | Scoop.it
Cisco predicts the global IoT market will be $14.4T by 2022. IC Insights predicts revenue from Industrial Internet IoT spending will increase from $6.4B in 2012 to $12.4B in 2015. IoT in manufacturing market size is estimated to grow from $4.11B in 2015 to $13.49B by 2020, attaining a CAGR of 26.9%. With the potential …
Farid Mheir's insight:

A review of trends, forecasts, market estimates and other predictions regarding Internet of Things.

 

WHY THIS IS IMPORTANT

IOT has th potential to impact all industries, from consumer products to manufacturing processes to healthcare and treatment. Its technology and platforms should thus be included in all digital transformation plans from this point forward. Moreover, this represents a growing niche for new companies and consulting firms.

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The Internet of Everything: a review of trends, stats and forecast on #IoT

The Internet of Everything: a review of trends, stats and forecast on #IoT | WHY IT MATTERS: Digital Transformation | Scoop.it

BI Intelligence analyses how the growth of internet-connected devices, particularly the Internet of Things, will revolutionize our lives. 

The Internet of Everything

By 2020, more than 34 billion internet-connected devices will be installed globally — that's more than 4 devices for every human on earth.

BI Intelligence has developed a slide deck analyzing the growth of internet-connected devices — particularly the Internet of Things (IoT).

Farid Mheir's insight:

A 60 slide powerpoint presentation on Internet of Things, its current and future usage and penetration, possible uses, etc.

 

WHY THIS IS IMPORTANT

IoT is a major trend which should impact all businesses in the near future. This is a well researched document that provides very useful charts for anyone putting together strategic plans and roadmaps. It covers a wide variety of industries and applications, which shows how wide and deep the IoT revolution could be. Must read.

Abel Linares's curator insight, April 6, 2020 7:33 AM

BI Intelligence analyses how the growth of internet-connected devices, particularly the Internet of Things, will revolutionize our lives. The Internet of Everything By 2020, more than 34 billion internet-
connected devices will be installed
globally — that's more than 4 devices for every human on ...
#IoT #DigitalTransformation #Technology #Trends #Investment #Industry4.0

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Health care gets connected with patients: a multi-B$ industry close to disruption

Health care gets connected with patients: a multi-B$ industry close to disruption | WHY IT MATTERS: Digital Transformation | Scoop.it
Connected health aims to better connect patients and doctors in a mutually beneficial way, using high tech to analyze and diagnose patient issues.
Farid Mheir's insight:

Connected health is the emerging industry that leverages Internet of Things to connect patient with doctors. Estimated at 117B$, this is a huge industry with as big opportunities for digital transformation.

 

WHY THIS IS IMPORTANT

Digital transformation is at its most personal for all things related to health, healthcare, wellness, fitness, and anything that touches your body and your behaviour. Watch out for the changes that will come in this field for both opportunities and privacy issues.

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Google to control your house with its "Works with Nest" project

Google to control your house with its "Works with Nest" project | WHY IT MATTERS: Digital Transformation | Scoop.it
What's most intriguing about the Nest Thermostat is how it's become the center of a connected home ecosystem.
Farid Mheir's insight:

Google acquired Nest, the manufacturer of smart thermostats. Its "Works with Nest" initiative has defined a solution that can soon see Google in charge of your whole home automation.

 

This is a good thing as smart devices should be connected and the possibilities that this networking offers are amazing (see the other articles for certain use cases that will soon be possible).

 

As with other Internet of Things improvements, security and information privacy must be front and center.

 

See also

http://www.appcessories.co.uk/works-with-nest-best-compatible-devices/

http://www.wired.com/2015/10/nest-embraces-good-ol-yale-locks-make-smart-homes-smarter/

 

Buzzy Bee's curator insight, March 31, 2016 4:22 PM

Google acquired Nest, the manufacturer of smart thermostats. Its "Works with Nest" initiative has defined a solution that can soon see Google in charge of your whole home automation.

 

This is a good thing as smart devices should be connected and the possibilities that this networking offers are amazing (see the other articles for certain use cases that will soon be possible).

 

As with other Internet of Things improvements, security and information privacy must be front and center.

 

See also

http://www.appcessories.co.uk/works-with-nest-best-compatible-devices/

http://www.wired.com/2015/10/nest-embraces-good-ol-yale-locks-make-smart-homes-smarter/

 

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Your Bosch dishwasher will soon connect to the cloud #IoT

Your Bosch dishwasher will soon connect to the cloud #IoT | WHY IT MATTERS: Digital Transformation | Scoop.it
Bosch joins the cloud computing bandwagon by becoming a full service provider for connectivity and the Internet of Things. The company aims to have all of its electronics IoT- enabled through IoT Cloud by the year 2020.

Via Richard Platt
Farid Mheir's insight:

Bosch is launching its own cloud computing services for the Internet of Things, with the first cloud facility to be located in Germany.  The company is the latest to join the IoT bandwagon by becoming a full service provider for connectivity and the Internet of Things.  Currently, there are at least 5 million devices that are working with Bosch's IoT Suite. These include the staples of a connected home such as a central hub and contact sensors between the door and window.

 

It is interesting to see that companies in the non technology space - like Bosch - are investing heavily to be positioned for the year 2020, where they expect IoT devices to start taking hold. What are all the others doing?

Aesclat Mark's curator insight, March 15, 2016 7:58 AM

Bosch is launching its own cloud computing services for the Internet of Things, with the first cloud facility to be located in Germany.  The company is the latest to join the IoT bandwagon by becoming a full service provider for connectivity and the Internet of Things.  Currently, there are at least 5 million devices that are working with Bosch's IoT Suite. These include the staples of a connected home such as a central hub and contact sensors between the door and window.

 

It is interesting to see that companies in the non technology space - like Bosch - are investing heavily to be positioned for the year 2020, where they expect IoT devices to start taking hold. What are all the others doing?

Emeric Bailleul's curator insight, March 16, 2016 3:40 AM

Bosch is launching its own cloud computing services for the Internet of Things, with the first cloud facility to be located in Germany.  The company is the latest to join the IoT bandwagon by becoming a full service provider for connectivity and the Internet of Things.  Currently, there are at least 5 million devices that are working with Bosch's IoT Suite. These include the staples of a connected home such as a central hub and contact sensors between the door and window.  Outside the home, the company's IoT Suite also includes connected parking spots that allow consumers to reserve a spot prior to arriving, and auto-racing applications that could monitor essential racecar details even in a distance through a pit crew.

Juan Ortega's curator insight, May 20, 2016 4:50 AM
¿Lavavajillas con acceso a internet? ¿Será buena idea?
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Ikea Is Developing a Table That Tells You What to Cook

Ikea Is Developing a Table That Tells You What to Cook | WHY IT MATTERS: Digital Transformation | Scoop.it
A better food prep table.
Farid Mheir's insight:

Here's something to consider more and more: smart furniture. With internet of things, this is a trend that may pick up steam in the coming years. For now, still nice prototyping but no mass production AFAIK.

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Amazon Rolls Out Devices That Refill Themselves

Amazon Rolls Out Devices That Refill Themselves | WHY IT MATTERS: Digital Transformation | Scoop.it
Amazon on Tuesday announced the arrival of devices that order their own refills from the online retailer.
Farid Mheir's insight:

Amazon introduce a small Internet connected device they called "dash" a few years ago to simplify replenishment of consumables such as laundry detergent via the push of a button. Now they have licensed their technology to manufacturers such as GE to embed the device right into their products. Welcome to the new world of shopping at home!


Have you planned to introduce Internet connected devices and gadgets into your products or offer your products via those devices? Have you made such innovations part of your strategic plan? What are you waiting for?...


Read the following for more insights on how Amazon dash plans to revolutionize the way we consume at home: http://www.scoop.it/t/digital-transformation-of-businesses?q=dash

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More reading on Transhumanism: To be or not to be Human?

More reading on Transhumanism: To be or not to be Human? | WHY IT MATTERS: Digital Transformation | Scoop.it
Want to spy on bats or whales? Cochlear implants could enhance hearing beyond the human hearing range. Did you ever want to see like Superman or Star Trek’s Lieutenant Geordi La Forge? The Fraunhofer Institute might just be able to fulfill such fantasies since they are developing an eye equivalent which can distinguish between light …
Farid Mheir's insight:

More reading on transhumanism.

Ruth Robinson's curator insight, December 10, 2015 12:00 AM

I wish not to be, but all the tech that's going on and experimenting can't tell!

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The Future Of Retail Might Get Under Your Skin: get #RFID implants

The Future Of Retail Might Get Under Your Skin: get #RFID implants | WHY IT MATTERS: Digital Transformation | Scoop.it

Early this year the staff at Epicenter, a Stockholm based high-tech company, were given a choice; they could either be issued a standard employee ID card for access to the building and office equipment, or they could be injected with a tiny radio frequency identification device, placed just under the skin of their hand – otherwise known as a subcutaneous implant. Surprisingly, a number chose the chip, on the promise that with a wave of their hand they would be able to access the building, open doors, operate photocopiers and even pay for lunch in the company cafeteria. No ID cards to forget at home or passwords to remember.

In fact, the Epicenter case is hardly the first experiment of its kind. Going back as far as 2004, Barcelona nightclub owner Conrad Chase offered RFID chipping to his VIP clients enabling access to special lounges and payment capability.


Via André Bélanger
Farid Mheir's insight:

I knew they did this for dogs but never thought they did it for humans. But come to think of it, makes perfect sense. Or it will become the biggest invasion of privacy ever.


Great insight from André!

Luigi Cappel's comment, November 21, 2015 2:25 PM
For me it would depend on what part of the world I live in. In New Zealand I would have no problem wearing a chip that I could use for ID for building access, customs, instead of passwords or finger scanners. Being a law abiding citizen in a relatively corruption free country, I'd be more than happy, providing as per the law, I knew how any information about me was being used and could revoke access where it was abused. If I was living in other countries, which may remain nameless, I would steer well clear, because being innocent and law abiding doesn't mean that you are safe.
Farid Mheir's comment, November 21, 2015 5:33 PM
@Russell R. Roberts, Jr. @Luigi Cappel both of you thank you for insightful comments and reshare... as always!
Farid Mheir's curator insight, December 9, 2016 3:22 PM

I knew they did this for dogs but never thought they did it for humans. But come to think of it, makes perfect sense. Or it will become the biggest invasion of privacy ever.

 

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Hyundai Heavy Industries and Accenture to Build Connected Smart Ships

Hyundai Heavy Industries and Accenture to Build Connected Smart Ships | WHY IT MATTERS: Digital Transformation | Scoop.it
Hyundai Heavy Industries and Accenture are designing a ‘connected smart ship’ that will enable ship owners to better manage their fleets.
Farid Mheir's insight:

All industries are impacted by digital transformation. Case in point: new ships from Hyundai will come with sensors and communication but also with on-shore digital services to help them be more efficient. With the advent of self-driving cars we can also of course expect self-driving ships.

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Semantic Sensors: when webcam count people and street lights dim when no one is around

Semantic Sensors: when webcam count people and street lights dim when no one is around | WHY IT MATTERS: Digital Transformation | Scoop.it
Video from Springboard The other day I was catching up with neighborhood news, and saw this article about "people counters" in San Francisco's tourist district. These are cameras watching the sidew...
Farid Mheir's insight:

A description of possible applications of smart sensors. 


WHY THIS IS IMPORTANT

This is a great example of the difference between data and information.


As we drown into raw data from sensors of all kind, we will see more and more smart devices that analyze the data and report only the useful information.

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Security researchers identify 1,600 Internet of Things devices with a drone over Texas

Security researchers identify 1,600 Internet of Things devices with a drone over Texas | WHY IT MATTERS: Digital Transformation | Scoop.it
Praetorian tracking all IoT devices in Austin, Texas running on ZigBee protocol, similar to the Shodan scanner.
Farid Mheir's insight:

A project has been devised to map all internet of things devices in the Austin Texas area, and identify vulnerabilities. Cool demonstrations of what you can do with a drone and some technology skills.


See the full map here:

https://www.praetorian.com/iotmap/ 


WHY THIS IS IMPORTANT?

There will be 9B IoT devices soon and many more in the future. Great opportunities but it needs to be safe and private.

Tracy Harding's comment, September 1, 2015 9:19 AM
You need to work on formatting of your replies. This is one giant sentence. Remember the requirements. You need a 2-3 sentence summary, at least 1 sentence of IR implications and 1 sentence about your thoughts.
Farid Mheir's comment, September 1, 2015 9:23 AM
@Tracy Harding: not sure I understand your comment re: formatting. Can you be more specific and email me a screengrab? thank you!
Farid Mheir's comment, September 1, 2015 9:24 AM
@Jake D'Imperio gis thank you for the comment!
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Making the Internet of Things a Reality for Retailers via @Accenture

Making the Internet of Things a Reality for Retailers via @Accenture | WHY IT MATTERS: Digital Transformation | Scoop.it
The Internet of Things is driving innovation in customer experience and creating new opportunities for retailer strategy.
Farid Mheir's insight:

In this report Accenture presents 2 diagrams that pull together various technologies in the store and in the home to show where IoT can be deployed and why. It remains, at this time, futuristic but early adopters should take notice.

Tom Pick's comment, June 2, 2015 10:59 AM
Thanks Jean-Claude!
Farid Mheir's comment, June 2, 2015 11:36 AM
thank you @Volkmar Langer @Tom Pick @Jean-Claude CARO. Please also feel free to recommend my topic if you fell like it!
Jean-Claude CARO's comment June 2, 2015 4:51 PM
Thanks, A very good topic Farid
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Grocery shopping might be less painful with this smart cart via @gigaom

Grocery shopping might be less painful with this smart cart via @gigaom | WHY IT MATTERS: Digital Transformation | Scoop.it
Cambridge Consultants, a product development group based in the U.K., is showing off a connected shopping cart that can tell a retailer where you are in a store within three feet. The smart carts are equipped with Bluetooth radios and sensors to track the cart’s location so store owners can offer promotions and eliminate checkout…
Farid Mheir's insight:

Not everyone has a mobile phone when they shop groceries but everyone pushes a cart. So having a connected cart - especially if it costs only 7.60$ to retrofit - makes perfect sense, no?

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150 slides in 25 min #mustwatch video of @kpcb's Mary Meeker performing her Internet trends talk live at #codecon

150 slides in 25 min #mustwatch video of @kpcb's Mary Meeker performing her Internet trends talk live at #codecon | WHY IT MATTERS: Digital Transformation | Scoop.it
Mary Meeker can synthesize trends, pinpoint interesting numbers and research, and deliver hundreds of slides like nobody's business.
Farid Mheir's insight:

As Mary Meeker says in her intro, this presentation probably violates all rules that communication experts drill into our heads, yet it is very effective because

1- the slides are made available for us to review after

2- we can pause and rewind

3- she stresses what's important: the rest we get by looking at the slides


Love it.

Hamza Ali's curator insight, June 6, 2014 11:03 AM

are you looking for new mobiles ???? then visit http://hintamobile.com/ you can compare your favorite mobiles

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