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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5 #retail books to read by @HBR

5 #retail books to read by @HBR | WHY IT MATTERS: Digital Transformation | Scoop.it

Did Covid-19 destroy in-store shopping? Can retailers revitalize the brick-and-mortar experience to lure customers back to physical locations? The books explore lessons learned during the pandemic to demonstrate how successful stores and brands are tackling these challenges.

Farid Mheir's insight:

WHY IT MATTERS: book on retail suggested by HBR

Retail Recovery: How Creative Retailers Are Winning in Their Post-Apocalyptic World

-  Resurrecting Retail: The Future of Business in a Post-Pandemic World

The Brains and Brawn Company: How Leading Organizations Blend the Best of Digital and Physical

-  Remarkable Retail: How to Win and Keep Customers in the Age of Disruption

Arriving Today: From Factory to Front Door

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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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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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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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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...

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

Enterprises have significantly accelerated their use of public CIPS providers as they seek to scale and become more agile in the postpandemic period. Major differences between the providers warrant careful consideration as I&O leaders make strategic cloud provider selections.

Farid Mheir's insight:

WHY IT MATTERS: 3 major players in cloud computing are battling it out on sales rather than technology as the platforms mature and the enterprise adoption skyrockets. Gartner quadrant provides overview of the major players. Google is immature, AWS has aggressive sales tactics and Azure offering is confusing.

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The #omnichannel age is here and it's expensive - you need strong margins to survive in this #ecommerce + physical store world | WHY IT MATTERS: Digital Transformation | Scoop.it

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Farid Mheir's insight:

WHY IT MATTERS: everything in this article rings true, from the high cost of omnichannel and especially returns, to the opportunities that remain of having a physical store. The conclusion: you have to change processes, resource allocation and technology to make omnichannel work.

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"oups I thought you'd be on site" to become a common meeting starting phrase - Indicate whether you’ll join a meeting virtually or in person on Google Calendar #longTermCovidImpacts

"oups I thought you'd be on site" to become a common meeting starting phrase - Indicate whether you’ll join a meeting virtually or in person on Google Calendar #longTermCovidImpacts | WHY IT MATTERS: Digital Transformation | Scoop.it

With this update, you can indicate how you plan to join a meeting - in the meeting room, or virtually. 

Farid Mheir's insight:

WHY IT MATTERS: I don't do news but this one strikes me as interesting and I expect many other changes related to covid that will make their way into our daily lives. Here, indicating you'll be on site or remote for a meeting will become essential (happened to me yesterday - "oups I thought you'd be on site"...)

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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."

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Comparing Operations Experience in US Retail by @ParcelLabs is an analysis of thousands of orders to understand reality of #eCommerce #logistics - spoiler free delivery is a myth with 92% of retail...

Comparing Operations Experience in US Retail by @ParcelLabs is an analysis of thousands of orders to understand reality of #eCommerce #logistics - spoiler free delivery is a myth with 92% of retail... | WHY IT MATTERS: Digital Transformation | Scoop.it

In-depth analysis of the post-sales experiences provided by US retailers to establish best practices, common mistakes, and opportunities to outperform competitors.

Farid Mheir's insight:

WHY IT MATTERS: free delivery appears to be a myth based on this analysis from parcelLabs. And in-store pickup is the most popular option. Is this because customers really prefer to pay for delivery or go to the store? - or because the pick-pack-delivery-return costs are too high and as they come down with economies of scale, customers will naturally pick the free delivery option, as they do with Amazon?

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Impact of covid: #eCommerce is 46% of all apparel sales. Impact of #marketplace: 38% of online apparel sales is Amazon!

Impact of covid: #eCommerce is 46% of all apparel sales. Impact of #marketplace: 38% of online apparel sales is Amazon! | WHY IT MATTERS: Digital Transformation | Scoop.it

Online apparel sales accounted for 46.0% of total U.S. apparel sales in 2020 and grew faster than in previous years.

Farid Mheir's insight:

WHY IT MATTERS: almost half of all clothes sold in the US are sold online, and more than one third of those are sold on Amazon. The impact of eCommerce and marketplace on retail is real and mainstream.

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Brush up on #buzzword compliance: The top #technology #trends via @McKinsey

Brush up on #buzzword compliance: The top #technology #trends via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Which technology trends have the most momentum in an accelerating world? We ranked the top cross-industry trends that matter most for companies and executives.

Farid Mheir's insight:

WHY IT MATTERS: a good overview, well presented of tech trends for executives. Beware: for long-term strategy discussions only!

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NYC Taxi & Ridehailing Stats Dashboard provide insights into the real impacts of UBER, LYFT & others over Yellow cabs

NYC Taxi & Ridehailing Stats Dashboard provide insights into the real impacts of UBER, LYFT & others over Yellow cabs | WHY IT MATTERS: Digital Transformation | Scoop.it

Monthly statistics on taxi, Uber, and Lyft usage in NYC

Farid Mheir's insight:

WHY IT MATTERS: the data is clear on the impact of UBER and others over taxis - here in NYC but trend is same everywhere we assume. Many charts in this post that show decline of yellow taxis over time, impact of covid shutdown and the recovery.

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Edge computing has a number of use cases in #retail

Edge computing has a number of use cases in #retail | WHY IT MATTERS: Digital Transformation | Scoop.it

Learn more about how retailers are transforming business operations with edge computing solutions.

Farid Mheir's insight:

WHY IT MATTERS: short eBook on trends and use cases for edge computing in retail. Useful to realize that cloud is not just about centralized computing mainframe-style, but must be paired with edge computing as we do with laptops and cell phones...

Productivix's curator insight, June 18, 9:26 AM
la gestion de stock est saisie sur des terminaux portables code-barre intégré afin de faire en 1 scan plusieurs validations sur l'ERP (c'est ce que l'on veut dire dans le EDGE https://www.productivix.com/breve1.html)
et si possible échangés sur l'ERP client
et sinon nous proposons l'ERP Dolibarr en hébergement avec nos interfaces sur mobiles : https://www.productivix.com/mot62.html
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Enterprise Marketplace Index Report from @miralk analysis of 50K sellers with over 60M SKUs highlights some interesting trends #ecommerce #retail

Enterprise Marketplace Index Report from @miralk analysis of 50K sellers with over 60M SKUs highlights some interesting trends #ecommerce #retail | WHY IT MATTERS: Digital Transformation | Scoop.it

The near-exclusive digital focus of 2020 accelerated the eCommerce landscape. Innovative retailers operating an enterprise marketplace have paved a path to achieve higher - and sustainable - growth by turning to a curated network of third-party sellers. Innovative retailers operating an enterprise marketplace have paved a path to achieve higher - and sustainable - growth: a curated network of third-party sellers.

 

These third-party selling partners provided retailers with:

  • Top-line GMV gains of more than $100,000 per seller
  • Bottom-line revenue contributions of nearly $15,000 per seller
  • Expanded product assortment, up 32% YoY
  • Boosted web traffic up 34% YoY
Farid Mheir's insight:

WHY IT MATTERS: mirakl has analyzed 50K sellers with 60M+ SKUs and released the first marketplace index. Some useful data nuggets in there.

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Store of The Future eBook from fashionTech community is more about how #eCommerce can support the store than physical location concepts, yet some interesting examples and #retailTech #worth_a_read ...

Store of The Future eBook from fashionTech community is more about how #eCommerce can support the store than physical location concepts, yet some interesting examples and #retailTech #worth_a_read ... | WHY IT MATTERS: Digital Transformation | Scoop.it

The retail, fashion and beauty sectors are rapidly evolving due to the impacts of new technologies and evolving customer behaviour.

Farid Mheir's insight:

WHY IT MATTERS: no one knows how stores will change but this eBook brings some interesting store concept and retailTech examples. Don't expect too much from the title though...

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#eCommerce needs to address pick-pack-deliver issues to continue its growth via @benedictevans #logistics

#eCommerce needs to address pick-pack-deliver issues to continue its growth via @benedictevans #logistics | WHY IT MATTERS: Digital Transformation | Scoop.it

Should we still be talking about online and offline retail, or about trucks versus boxes versus bikes?

Farid Mheir's insight:

WHY IT MATTERS: eCommerce is starting to specialize, showing the limitations of Amazon a-to-z "the everything store". As raised in this short post, the specialization comes from the pick-pack-delivery side of eCommerce - logistics - as shoes, furniture and pizza can all be sold on the same website - say Amazon or Shopify - but require vastly different logistics to fulfill the order. We will see technologies appears to answer those special needs in the future.

With Le Panier Bleu we recognized that limitations of eCommerce for small retailers often are related to the high cost of delivery by mail (poste canada, UPS or other) and that a marketplace solution must address those concerns. This post just provides insights into one aspect of this.

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Tech is everywhere: 14 Trends Changing The Face Of The Beauty Industry In 2021 #beautyTech

Tech is everywhere: 14 Trends Changing The Face Of The Beauty Industry In 2021 #beautyTech | WHY IT MATTERS: Digital Transformation | Scoop.it

Discover the trends and tech, from “waterless” beauty products to virtual try-on, that will continue to transform the beauty sector in 2021 and beyond.

Farid Mheir's insight:

WHY IT MATTERS: yes, technology and digital transformation affects all industries. Here a detailed look at beautyTech solutions.

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7 key lessons on technology and business via @McKinsey shows that #IT transformations deliver more value on the bottom line than the top line #CIO

7 key lessons on technology and business via @McKinsey shows that #IT transformations deliver more value on the bottom line than the top line #CIO | WHY IT MATTERS: Digital Transformation | Scoop.it

McKinsey Global Survey on technology and the business suggests that even in the crisis’s earlier days,1 respondents were reporting progress on their integration of technology and business—and that these efforts were creating tangible business value across four measures, including new revenue streams and lower costs. The results also suggest that, on average, some transformation activities result in more impact than others (namely, those related to talent and capabilities). And according to the data, the companies with top-performing IT organizations have differentiated themselves from others in their efforts to create value, adopt new technologies, and bring technology and business closer together. More specifically, the results point to seven key lessons about technology transformations.

Farid Mheir's insight:

WHY IT MATTERS: there are now enough company experience to start drawing conclusions and best practice. What's interesting here is that IT transformation (not *All* digital transformations) have bigger success when they focus on bottom line improvements than top line ones. Yet, most projects focus on the top line. Hhhhmmmm, this should make some CIOs review their project portfolio, no?

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Marketplaces will explode so use these 10 tips for marketplace sellers #ecommerce #retailTech

Marketplaces will explode so use these 10 tips for marketplace sellers #ecommerce #retailTech | WHY IT MATTERS: Digital Transformation | Scoop.it

We hope you'll appreciate learning about:

in-depth insights from top marketplace leaders
consumer surveys on buying behavior 
10 exclusive tips for marketplace sellers

Farid Mheir's insight:

WHY IT MATTERS: not a big fan of surveys like this one but jump to the 10 recommendations for marketplace sellers for useful tips. 

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