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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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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Aim HIGH: I fear for my clients because their digital transformation is not BOLD enough - according to @McKinsey this will erode profit and revenue growth

Aim HIGH: I fear for my clients because their digital transformation is not BOLD enough - according to @McKinsey this will erode profit and revenue growth | WHY IT MATTERS: Digital Transformation | Scoop.it

As digital technology erodes profit and revenue growth, why aren’t companies responding with bold strategies?

Farid Mheir's insight:

WHY IT MATTERS: I often will recommend BOLD moves for digital strategies of my clients: automate entire departments, move everything to the cloud, go mobile-first, go AI-first, etc. It is disappointing to see them take more timid approaches: keep on-premise systems and slowly move to cloud, stay away from ecommerce so as not to deal with logistics issues, build a "store of the future" with a few screens and survey kiosks, etc. 

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Puppy or Muffin? How #deepLearning enabled computer vision & made The Business of Artificial Intelligence possible via @hbr

Puppy or Muffin? How #deepLearning enabled computer vision & made The Business of Artificial Intelligence possible via @hbr | WHY IT MATTERS: Digital Transformation | Scoop.it

What AI can — and cannot — do for your organization.

Farid Mheir's insight:

WHY IT MATTERS: advances in computer vision due to deep learning algorithms has opened a world of possibilities for companies. Read this article and accompanying HBR posts. Great series.

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