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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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 INTERNET OF THINGS 2017 REPORT: How the IoT is improving lives to transform the world

THE INTERNET OF THINGS 2017 REPORT: How the IoT is improving lives to transform the world | WHY IT MATTERS: Digital Transformation | Scoop.it

The Internet of Things moves mainstream and continues to see rapid growth and development. The report lists

  • What is the Internet of Things? Definition, Industries and Companies
  • IoT Ecosystem - Forecasts and Business Opportunities
  • IoT Market Size, Share & Growth Forecasts
  • IoT Trends, Growth & Predictions
  • IoT Devices, Applications & Examples
  • Top IoT Companies to Watch & Invest In
  • IoT Wearable Devices & Technology
  • How IoT Will Affect Security
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Looks like we soon will have Internet in every device we own. That's the Internet of Things. This reports provides a good overview of the market, the trends but also the possible uses for these devices. Must have in every business digital strategy.

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New report confirms #InternetOfThings #BigData #MachineLearning Will Revolutionize Retail via @Forbes 

New report confirms #InternetOfThings #BigData #MachineLearning Will Revolutionize Retail via @Forbes  | WHY IT MATTERS: Digital Transformation | Scoop.it
  • 70% of retail decision makers globally are ready to adopt the Internet of Things to improve customer experiences.
  • 73% of retailers rate managing big data as important or business-critical to their operations.
  • 78% of retailers say it is important or business-critical to integrate e-commerce and in-store experiences, so an omnichannel experience is delivered to every customer.
  • 87% of retailers will deploy mobile point-of-sale (MPOS) devices by 2021, enabling them to scan and accept credit or debit payments anywhere in the store.
  • 90% of retailers will implement buy online, pickup in store by 2021.

 

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Based on a detailed report, this article provides a chockful of stats about investments in certain technologies. Although based on a survey, it confirms certain trends that are widely accepted - so there should be no surprises for readers of this blog.

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Digital #Disruption in #Telecos is still to come- discussion may apply to many other industries @DirkRohweder

Digital #Disruption in #Telecos is still to come- discussion may apply to many other industries @DirkRohweder | WHY IT MATTERS: Digital Transformation | Scoop.it

I recently had the pleasure to meet Pilgrim Beart now the CEO of devicepilot at a TM Forum workshop about the Internet of Everything (IoE) business models and monetization. He shared his story about alert.me an early connected home start up founded in 2006 that was sold in 2015 to British Gas for 100 million €.

He said that they were in intensive discussion with three industries: utilities, retail (DIY chains) and Telcos, as he felt for all three of them there was a huge potential to build a platform on top of their core business. Despite trialing and piloting with all three industries only the efforts with Telcos never led to any real-life implementations.

Farid Mheir's insight:

A very interesting article on the changes that could happen in the telecom industry with the evolution towards Internet of Things and 5G technologies.

 

WHY THIS IS IMPORTANT

The paper highlights many important questions and decisions that players in the telecommunication industry must answer. I argue that similar questions must also be had in other industries, such as in Retail for example. 

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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

Curated by Farid Mheir
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