WHY IT MATTERS: Digital Transformation
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Tech trends from @Bain&Company posits that #Technology Is Reshaping the Global Economy

Tech trends from @Bain&Company posits that #Technology Is Reshaping the Global Economy | WHY IT MATTERS: Digital Transformation | Scoop.it

Technology has emerged as the primary disruptor and value creator across all sectors.

Farid Mheir's insight:

WHY IT MATTERS: this tech trends is different than other "lists" in that it analyses a number of topics and provides useful data trends to understand the issues. Well done and very useful. I highlight the change in buying behaviour in the chart I extracted (buyers know what they want more than in the past but sellers have yet to adapt to this new normal) - but I guarantee the report has a bunch more. 

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Gartner Releases 2021 Hype Cycle for Digital Marketing

Gartner Releases 2021 Hype Cycle for Digital Marketing | WHY IT MATTERS: Digital Transformation | Scoop.it

Gartner have released their Hype Cycle for Digital Marketing, 2021 edition and here we will break down the key takeaways

Farid Mheir's insight:

WHY IT MATTERS: marketing has become a technology hot bed which warrants a hype cycle. Wow.

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Expected 2030 in-store journey: What Retail Could Look Like In 2030

Expected 2030 in-store journey: What Retail Could Look Like In 2030 | WHY IT MATTERS: Digital Transformation | Scoop.it

With new tech-enabled features, the store of the future will be able to provide a more frictionless and personalized experience that meaningfully engages shoppers. The following infographic visualizes the expected 2030 in-store journey for a customer named Rachel. Here are some of the technologies and innovations that will impact each step of her shopping experience.

Farid Mheir's insight:

WHY IT MATTERS: 2 of 2 interesting visualizations in this short post - unfortunately the full report is for members only ;-(

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The Store Of The Future: What Retail Could Look Like In 2030

The Store Of The Future: What Retail Could Look Like In 2030 | WHY IT MATTERS: Digital Transformation | Scoop.it

From shopper emotion detection to in-store robotic warehouses, we highlight the technologies and trends bringing retail stores into the future.

Farid Mheir's insight:

WHY IT MATTERS: 1 of 2 interesting visualizations in this short post - unfortunately the full report is for members only ;-(

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Why are hyperlinks blue? #weekendRead HT @competia

Why are hyperlinks blue? #weekendRead HT @competia | WHY IT MATTERS: Digital Transformation | Scoop.it

The internet has ingrained itself into every aspect of our lives, but there’s one aspect of the digital world that I bet you take for granted. Did you ever notice that many links, specifically hyperlinks, are blue?

Farid Mheir's insight:

WHY IT MATTERS: we've come to assume hyperlink on the web are blue but where does this come from. The answer will not surprise old geeks like me but the post is an interesting history of hypertext and the creation of the web as we know it today.

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IDC "quadrant" for communication and messaging cloud platform offers review of key solutions #CPaaS

The CPaaS segment has progressed beyond the provision of a few voice and messaging APIs. Developers and enterprises demand a high level of reliability for phone numbers and messaging delivery, as well as vertical use case templates and tools for rapid onboarding and deployment.

 

Key attributes enterprises should consider when seeking a CPaaS provider:

  • Carrier-grade network infrastructure
  • Demonstrable use cases
  • Software integrations
  • Ancillary services
Farid Mheir's insight:

WHY IT MATTERS: messaging solutions are evolving rapidly and this review highlights key solutions.

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Gartner quadrant on digital commerce highlights 17 out of 140 solutions (!) it tracks & continues to position legacy solutions as leaders (SAP, SFDC) #eCommerce #retailTech

Gartner quadrant on digital commerce highlights 17 out of 140 solutions (!) it tracks & continues to position legacy solutions as leaders (SAP, SFDC) #eCommerce #retailTech | WHY IT MATTERS: Digital Transformation | Scoop.it

Investments in digital commerce continue to grow as companies adapt to new business models and sales processes prompted by the COVID-19 pandemic. This research evaluates the viability of 17 digital commerce platform vendors to help application leaders make informed decisions.

Farid Mheir's insight:

WHY IT MATTERS: eCommerce growth continues, especially regarding B2B (see market overview, as usual it contains good insights). I always question the tool selection (17 over 140 solution gartner says it tracks) so read with huge grain of salt. Legacy solutions with serious technical limitations show up in leader quadrant (sap, salesforce), and niche solutions are positioned because I assume they have market penetration. So use other sources when selecting eCommerce solution but questions vendors in the quadrant on the PROs and CONs gartner highlights.

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Understand How To Choose Vendors Within The New Rules of #eCommerce using @Forrester FIRE framework

Understand How To Choose Vendors Within The New Rules of #eCommerce using @Forrester FIRE framework | WHY IT MATTERS: Digital Transformation | Scoop.it

This report answers questions about navigating vendor and tech selection and internal change management to use commerce technologies for efficiency, agility, and growth.

Farid Mheir's insight:

WHY IT MATTERS: an interesting guide to help select the right tools and solutions in a world of rapidly evolving solutions.

RAAS1's comment, September 5, 4:13 PM
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The future of the $1.5 trillion #wellness market via @McKinsey

The future of the $1.5 trillion #wellness market via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

The shift to digital channels is happening at the speed of “a decade in days.” Our research suggests that the change will be sticky: a majority of consumer categories will continue to project more growth in e-commerce than in other channels over the next several years.

Farid Mheir's insight:

WHY IT MATTERS: digital impacts all industries including those are more dependant on "relations" like wellness.

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60 patterns to tackle common #AI challenges by @SmarterPatterns

60 patterns to tackle common #AI challenges by @SmarterPatterns | WHY IT MATTERS: Digital Transformation | Scoop.it

A collection of interaction patterns that provide solutions for common AI challenges.

Farid Mheir's insight:

WHY IT MATTERS: interesting to see what are the building blocks of AI solutions. A reference to keep.

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Adopt a Composable DXP Strategy to Future-Proof Your Tech Stack says @Gartner

Adopt a Composable DXP Strategy to Future-Proof Your Tech Stack says @Gartner | WHY IT MATTERS: Digital Transformation | Scoop.it

Application leaders can not meet market needs or business objectives with monolithic digital experience platforms and must update tech stacks, decompose monoliths and deliver task-oriented capabilities. To future-proof the stack, a composable DXP must be used to deliver composable user experiences.

Farid Mheir's insight:

WHY IT MATTERS: composable DXP is pretty much gartner branding for headless and microservice, the big trend today. The report is a good intro to this kind of solution architecture.

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Gartner Magic Quadrant for #Cloud #ERP for Product-Centric Enterprises highlights an important fact: as technology matures the solutions tend to specialize per industry - when will this happen with...

Gartner Magic Quadrant for #Cloud #ERP for Product-Centric Enterprises highlights an important fact: as technology matures the solutions tend to specialize per industry - when will this happen with... | WHY IT MATTERS: Digital Transformation | Scoop.it

The ERP for product-centric enterprises market is accelerating its transition to cloud deployment models. ERP application leaders should use this Magic Quadrant to evaluate cloud ERP application suites as part of a composable ERP strategy.

Farid Mheir's insight:

WHY IT MATTERS: interesting to see that software solutions that reach maturity - such as ERPs - have a tendency to specialize. This quadrant highlights leaders in a specific market (product centric enterprises). I wonder when we will start to see the same with eCommerce... Not that specialized solutions don't exist but that the industry remains so immature that companies are in their first or second versions of eCommerce and thus gravitate to generalist solutions like shopify, magento, etc.

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Outstanding study on #IA market in Montreal via @TechnoCompetence provides key stats + detailed description of 19 roles

Outstanding study on #IA market in Montreal via @TechnoCompetence provides key stats + detailed description of 19 roles | WHY IT MATTERS: Digital Transformation | Scoop.it

Dans ce profil, vous trouverez :

  1. Une revue historique de la position du Québec en matière d’intelligence artificielle;
  2. Une définition de la main-d’œuvre du secteur;
  3. Un portrait global de l’emploi ;
  4. Une taxonomie des métiers de l’intelligence numérique – que nous définissons comme étant la main-d’œuvre spécialisée en intelligence artificielle ainsi que les métiers périphériques essentiels reliés ;
  5. Des fiches métiers traitant de l’estimation du bassin de talents et incluant de multiples informations spécifiques salaires, tâches principales, référentiel de compétences techniques et transversales);
  6. Une répartition industrielle des métiers de l’intelligence numérique
  7. Un portrait de la demande de compétences et de la formation, incluant les forces et défis concernant ce profil  de talents qui change à une vitesse déstabilisante.
  8. L’ensemble de nos données sur l’utilisation des outils numériques, sous la forme de matrices Emploi/Outils numériques et technologies, en annexe du document.
Farid Mheir's insight:

WHY IT MATTERS: an detailed study of the job market in artificial intelligence and machine learning in Montreal. Along with stats and definitions, it defines and details 19 job descriptions that are related to AI. A reference to keep.

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Cerebras unveiled the world’s first multi-million core AI cluster architecture! Our unique technology handles neural networks with up to an astonishing 120 trillion parameters. That’s approximately the number of synapses in the human brain! Today, to run models at only a fraction of that size, clusters of graphics processors consume acres of space, megawatts of power, and require dedicated teams to operate. We can fix that.

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The martech reference model defines a taxonomy based on a common understanding of customer-centric business needs, requisite capabilities, and the recommended technology components.

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Magic Quadrant for Cloud Infrastructure and Platform Services: 3 big ones - Google, Microsoft, Amazon - compete with varying tactics as #cloudComputing tech & services mature and adoption skyrocket... | WHY IT MATTERS: Digital Transformation | Scoop.it

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Gartner Magic Quadrant for Full Life Cycle API Management reminds us that integrating different solutions has become the name of the game in #digitalTransformation

Gartner Magic Quadrant for Full Life Cycle API Management reminds us that integrating different solutions has become the name of the game in #digitalTransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

API usage, and the need to govern it, is increasing rapidly driven by remote working, platforms, ecosystems, innovations, digital transformations and regulations. Application leaders should use this Magic Quadrant to find the right API life cycle management vendor for their organization’s needs.

Farid Mheir's insight:

WHY IT MATTERS: integrating different systems, especially in the context of cloud-based SaaS solutions, has become the biggest requirement of large system developments in recent digital transformation. For example, it is now common to connect eCommerce systems with CRM, ERP, web and marketing automation solutions. Some come already pre-integrated via extensive marketplaces like that of Shopify. Other solutions and platforms merely expose their API and let others do the connexion. This is where API management becomes essential. Other use case exist.

As with most Gartner MQ, skip the reviews and jump to the market overview and criterias to find out what should be considered in your API tool selection.

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Evolving the enterprise architect role for a digital world via @McKinsey points in the right direction but misses the target: EA is not a ROLE but a PRACTICE that many in the organization should ma...

Evolving the enterprise architect role for a digital world via @McKinsey points in the right direction but misses the target: EA is not a ROLE but a PRACTICE that many in the organization should ma... | WHY IT MATTERS: Digital Transformation | Scoop.it

Enterprise architects still have an important role to play at large incumbents, but they need to evolve in three ways.

Farid Mheir's insight:

WHY IT MATTERS: McKinsey is right to highlight the importance of enterprise architecture in the digital world.

Where they miss the boat in their analysis is that EA is not a ROLE but rather a PRACTICE that many people in the organization should master.

EA provides the tools and methodologies to analyze complex options and determine the most appropriate one. EA looks at business plan, capabilities, data, systems, infrastructure, security and governance required to determine the people, process and technologies needed to deliver value.

They say it best in the article when they suggest to 'Build an architecture mindset across the company" and demand that Enterprise Architects - if such role & title remains relevant - need to work on their soft skills and get their hands dirty.

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What is Artificial Intelligence & explaining it from different dimensions #AI #infographics

What is Artificial Intelligence & explaining it from different dimensions #AI #infographics | WHY IT MATTERS: Digital Transformation | Scoop.it

Demystifying and providing a big picture view of Artificial Intelligence. Also discuss how AI encompasses and includes machine learning, deep learning, NLP, speech recognition, image recognition etc.

Farid Mheir's insight:

WHY IT MATTERS: nice one pager summary of key AI concepts, in particular everything around devOps for AI. Warning: this is circa 2017, so key areas are a bit dated.

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The cause of #technicalDebt and solutions to reduce it - a very useful starting point

The cause of #technicalDebt and solutions to reduce it - a very useful starting point | WHY IT MATTERS: Digital Transformation | Scoop.it

In this article, we take a close look at the causes and types of technical debt, as well as the best ways to pay the technical debt.

Farid Mheir's insight:

WHY IT MATTERS: technical debt is an important concept to understand and this guide provides a clear overview of the source and solutions for managing technical debt.

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look ma, no hands! How to process half a million records without any servers on AWS #EDA

look ma, no hands! How to process half a million records without any servers on AWS #EDA | WHY IT MATTERS: Digital Transformation | Scoop.it

In this article, I’ll walk you through the architecture of processing big records files within AWS services.

Farid Mheir's insight:

WHY IT MATTERS: this short example shows how far we've come with serverless and event-drive architectures in the cloud, enabling complex processing as a pipeline of small operations. For old dudes like me this is a throwback to the command line pipelines we used to make in Un*x way back when. It makes for very resilient solutions, once you debug the flow. Should be used more often.

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Visual search is holy grail for eCommerce: show a picture of a product and get recommendations - Facebook has been testing #grokNet with mitigated results #AI

Visual search is holy grail for eCommerce: show a picture of a product and get recommendations - Facebook has been testing #grokNet with mitigated results #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

Our latest AI advancements represent fundamental building blocks that could power entirely new future shopping experiences.

  • Facebook AI is on a quest to build the world’s largest shoppable social media platform, where billions of items can be bought and sold in one place.

  • As a key milestone toward this goal, we’re sharing details on how we’ve improved and expanded GrokNet, our breakthrough product recognition system. Now, it’s powering new applications on Facebook, like product tagging and showing visually similar products. Soon, we’ll bring visual search to Instagram so that people find similar products just by tapping on an image.

  • We’re also diving into our latest advancements, which provide a deeper, more nuanced understanding of product attributes and multimodal signals. These advancements collectively represent fundamental building blocks that could power entirely new shopping innovations of the future.

Farid Mheir's insight:

WHY IT MATTERS: as marketplaces become popular, finding a specific product in a catalog of millions of products will become harder and harder. The holy grail is visual search: snap a picture of something and get some AI to help you find something similar, or that matches well with that. eBay has made tests, Google lens has returned amazing results in my recent experience. Not sure what Amazon is doing but I assume it is top of their list.

Facebook is a major player in this game as it wants to make marketplace the shopping destination (don't forget it owns instagram as well). So the investment in grokNet is critical and recent results appear promising, though not yet perfect. 

So if you build a marketplace, as we are for panier bleu, then this is an area of innovation we cannot afford to bypass.

phantommachinery001@gmail.com's curator insight, July 10, 2:12 PM
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How tech will revolutionize #retail via @McKinsey is a realistic viewpoint on the "late follower" mentality of most retailers with a constant focus of the bottom line #realityCheck

How tech will revolutionize #retail via @McKinsey is a realistic viewpoint on the "late follower" mentality of most retailers with a constant focus of the bottom line #realityCheck | WHY IT MATTERS: Digital Transformation | Scoop.it

The retailer of the future will harness the power of data, quantum computing, artificial intelligence, and augmented reality, says serial entrepreneur and technology expert John Straw.

Farid Mheir's insight:

WHY IT MATTERS: warning! this article is not about your typical "robots will rule retail" or "everything has to be AI driven unless you die". Well, in some parts it is.

The reality check that retailers - and their technology vendors - must make is: retail is difficult, focused on the bottom line, with no appetite for innovation with short term results. Retail innovators must find a way to experiment while staying focussed on the bottom line.

Best quote: "‘I think the majority of the problems come from the unwillingness, perhaps the fear, of investing in something that
doesn’t automatically bring a load of cash onto your balance sheet."

Curated by Farid Mheir
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