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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14 #tech #trends from @CBInsights provides essential input for any #digitalTransformation strategic planning process

14 #tech #trends from @CBInsights provides essential input for any #digitalTransformation strategic planning process | WHY IT MATTERS: Digital Transformation | Scoop.it

The trends in this report — while buttressed by data and evidence — are meant to shake our faith in steady trend lines. They point to areas where conditions are ripe for discontinuity and disruption. This report asks us, in effect, to “watch these spaces,” and expect to see surprises and opportunities. In that spirit, here are 14 tech trends that deserve close attention in the first year of the 2020s

Farid Mheir's insight:

WHY IT MATTERS: an amazing overview of technologies that are on the horizon. They range from bizarre - empathy design? - to the probable and useful - supply chain tech improvements. Read it.

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3 technologies will help recover from #covid-19 crisis:  manufacturing automation, shipment tracking, delivery robots

3 technologies will help recover from #covid-19 crisis:  manufacturing automation, shipment tracking, delivery robots | WHY IT MATTERS: Digital Transformation | Scoop.it

The coronavirus outbreak will continue to propel funding, acquisitions, partnerships, and experimentation by brands and retailers as they are forced to grapple with global supply challenges posed by our increasingly interdependent world.

Regardless of the coronavirus’s impact on the global economy, we will surely face a similar situation in the future; brands, retailers, and their supply chains will need to be prepared.

Farid Mheir's insight:

WHY IT MATTERS: once we get over the health crisis, we will need to address the economic crisis. Key supply chain technologies will offer retailers and manufacturers solutions to reduce cost and their dependency on global trade fluctuations.

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NOT going back to normal: what #technology changes should be top of mind of retailers when the crisis is over? Opportunities to re-think stores, supply chain, merchandising, eCommerce, & head offic...

NOT going back to normal: what #technology changes should be top of mind of retailers when the crisis is over? Opportunities to re-think stores, supply chain, merchandising, eCommerce, & head offic... | WHY IT MATTERS: Digital Transformation | Scoop.it

The grocery retail industry plays a critical role in these uncertain times. Here are six actions food retailers should take to help their communities, their employees, and their business.

Farid Mheir's insight:

WHY IT MATTERS:  post crisis actions should include actions to embrace digital solutions that may have been skipped in the past: go cashless in stores? embrace eCommerce for all products & services? This article provides many paths to investigate (see #5 in particular)

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Which 3-D Printing Business Model Is Right for Your Company? @HBR handbook helps draft a strategy to integrate #3Dprinting into their manufacturing plans but it may require improved digital process...

Which 3-D Printing Business Model Is Right for Your Company? @HBR handbook helps draft a strategy to integrate #3Dprinting into their manufacturing plans but it may require improved digital process... | WHY IT MATTERS: Digital Transformation | Scoop.it

Strategically, that means additive is becoming a full-fledged competitive weapon: It can be used to hold on to market leadership, to dethrone a dominant player, or to diversify by exploiting a printer’s capability to make products for different industries. Consequently, leaders need to understand additive’s range and potential and the possibilities that will open up in the near future. This article offers a playbook.

Farid Mheir's insight:

WHY IT MATTERS: this Harvard paper shows that recent advances in 3D printing make additive production a reality today. Reading between the lines you have to realize the digital transformation this requires across your sales and distribution channels to support the level of customization that 3D printing enables. It is not just a matter or replacing machines with printers on the factory floor.

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This #AgTech #Startup Just Built A Coinstar For Coffee #blockchain #traceability - this tech has huge potential as it can reduce the number of food products that are recalled via @qz

This #AgTech #Startup Just Built A Coinstar For Coffee #blockchain #traceability - this tech has huge potential as it can reduce the number of food products that are recalled via @qz | WHY IT MATTERS: Digital Transformation | Scoop.it

Tech startup Bext360 has built a Coinstar-like device to grade coffee beans and pay the farmer for them right away.

Farid Mheir's insight:

WHY IT MATTERS: this is a concrete example of a use case for blockchain that shows it is now possible to trace the products from source to consumer. Blockchain technology provides a "distributed" system that can be "trusted". Why is this important? recently the US FDA has recalled 207M eggs due to salmonella: with proper traceability this number could have been much much lower: https://qz.com/1252939/egg-salmonella-recall-how-to-tell-if-a-specific-carton-is-affected/ 

That is why Starbucks is also considering similar technologies as explained here: https://www.wsj.com/articles/bringing-blockchain-to-the-coffee-cup-1523797205 

 

For more on the technology, see the video and explanation here: https://www.boulderai.com/ai-vision-systems-integration/ 

 

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IBM introduce #blockchain technology for #food #grocery traceability

IBM introduce #blockchain technology for #food #grocery traceability | WHY IT MATTERS: Digital Transformation | Scoop.it

Get an introduction video to blockchain technology and see how it can be used to address global food safety.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

IBM has been an early adopter of blockchain technology and now videos such as this one begin to show where this new technology can be used in real businesses. Here the video presents blockchain in use for grocery food traceability from harvest to store shelves, in the grocery industry. The video is not great quality but the content is interesting.

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Rethinking the Value Chain in an era of #digital, #social, #AI and #IoT via @capgemini 

Rethinking the Value Chain in an era of #digital, #social, #AI and #IoT via @capgemini  | WHY IT MATTERS: Digital Transformation | Scoop.it

Rethinking the Value Chain: New Realities in Collaborative Business – the premise of this report suggests that the industry’s traditional approach to the value chain, whereby product and information flow linearly and sequentially from supplier to manufacturer to retailer to consumer – is no longer sufficient. The findings further point out that value chains cannot keep pace with the new reality of global changes in consumer behaviour, business innovation, demographics and economics. As a result there is a need to lead a shift away from value chains towards more collaborative value networks. The report takes a closer look at the trends impacting the industry while presenting the strategic areas of focus for concrete actions.

Farid Mheir's insight:

Digital impacts back-office as much as front office - so why has BO changed so slowly and what should be done. Some recommendations here

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Digital Transformation Review n° 9: The Digital Strategy Imperative : Steady Long-Term Vision, Nimble Execution | Capgemini Consulting Worldwide

Digital Transformation Review n° 9: The Digital Strategy Imperative : Steady Long-Term Vision, Nimble Execution | Capgemini Consulting Worldwide | WHY IT MATTERS: Digital Transformation | Scoop.it
Farid Mheir's insight:

Always interesting reading on digital transformation by Capgemini which has been at the forefront of defining digital transformation. Read this one, then flip through old ones...

Jean-Marie Grange's curator insight, October 24, 2016 2:02 PM
Very good examples of digital transformation in some industries. The platform strategy developed by Visa could be very successful... if they really open it to developpers. 
There is also a list of 15 startups showing good potential at the end of the document...
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Home Delivery has become so complex it mandates its own 2-day event

Home Delivery has become so complex it mandates its own 2-day event | WHY IT MATTERS: Digital Transformation | Scoop.it
A conference and expo for retailers looking to optimize their business through supply chain, logistics, fulfillment, warehousing and transportation.
Farid Mheir's insight:

To succeed in eCommerce you need to master one thing: delivering products to your customers rapidly at the lowest cost possible.

 

This is why events such as this one have become essential. I would even say that delivery is the single most important aspect of an eCommerce solution, as it is where your margins are made or lost. Ensure you have a comprehensive last mile model and you will be guaranteed not to loose money.

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