Blockchain disruptive nature is derived from its ability to transform almost any process, from basic documentation to settling complex contracts across geographies.
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WHY IT MATTERS: Digital Transformation
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Curated by
Farid Mheir
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A lot of the work that goes into making a t-shirt or a pair of jeans has been automated, except for cutting and sewing. Now machines are taking over one of these last surviving manual jobs, which humans have performed for hundreds of years.
Farid Mheir's insight:
WHY IT MATTERS: the USA will bring back manufacturing from emerging countries - but it will not bring back jobs. This article is one more example of this trend: robots are now cheaper, faster, and generally better than humans at doing repetitive tasks. So much so that robots can manufacture clothes better than humans can. See the videos here: http://softwearautomation.com/digital-t-shirt-workline/ They say factories of the (near) future will have only one employee and one dog: the dog is there to keep humans out of the building, and the human is there to feed the dog! ;-). 
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Farid Mheir's insight:
WHY IT MATTERS: robots present a solution for the skilled labour shortage and requirements to cut production times and reduce costs in an era of personalization. Read the report for more data.
Dock and door systems's curator insight,
January 8, 2018 5:42 AM
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Each of these items gives us clues to what the future of manufacturing might look like.
Farid Mheir's insight:
WHY IT MATTERS: 3D printing has the potential to disrupt industries when it can manufacture products at scale and low cost. We are closer to this vision.
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Disruptive technologies are transforming all end-to-end steps in production and business models in most sectors of the economy. The products that consumers demand, factory processes and footprints, and the management of global supply chains are being re-shaped to an unprecedented degree and at unprecedented pace. Industry leaders who were consulted believe that new technological solutions heralded by the Fourth Industrial Revolution – such as advanced robotics, autonomous systems and additive manufacturing – will revolutionize traditional ways of creating value. As the costs of deploying technology continue to fall, international differentials in labour costs will no longer be a decisive factor in choosing the location of production. The resulting greater spatial and temporal flexibility brought about by technology will bring locations of production and sale closer together, and drive major changes in the design of future value and supply chains. These trends will change the shape and form of globalization, and thereby impact the trajectory of goods. Regional and local flows will become more important, to the detriment of intercontinental trade.
Farid Mheir's insight:
WHY IT MATTERS: the world economic forum keeps putting out great reports on the impact of digital transformation. I love the illustrations, great summary of key trends and their adoption. Must read.
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From
hbr
Augmented reality technologies promise to transform how we learn, make decisions, and interact with the physical world. In this package we explain what AR is, how its applications are evolving, and why it’s so important.
Farid Mheir's insight:
WHY IT MATTERS: AR is one of those technologies that have been discussed for so many years and that will explode into the scene with a plethora of consumer and business applications in the coming years. An overnight success story that has been 10 years in the making (if not more). This paper helps managers see business applications for this technology. What makes it so compelling in the fact that mobile devices (2B+ and counting) all have support for this technology builtin. Just checkout the video I made using my Google Pixel 2 phone camera this morning. It just works! https://www.facebook.com/fmheir/posts/10155798075150309 And Apple iOS users have the equivalent.
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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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The robots are indeed already here. I work at a university where my job is teaching students and doing research and robotics and so I really what I want to convey to you today is the trends that I see robotics research going that will ultimately turn into actual products and directions that you might be able to take advantage of in the future.
Farid Mheir's insight:
WHY IT MATTERS : the video provides a great review of the state of technology when it comes to robots and robotics today from one of the leading researcher in the field. The talk is peppered with short videos of actual robots so you get a good sense of what's possible today. But remember that we live in an exponential growth era, so things improve very fast.
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The theme of both the robot-ization of the global workforce and the populist desire for a hike in the minimum wage have been popular and ongoing ones here at Zero Hedge. However, never has it been more clear just where the future lies than this chart from BofAML's Michael Hartnett... As he says, "we are long robots, and short human beings."
Farid Mheir's insight:
WHY IT MATTERS: robots will grow and bring back manufacturing to "developed" countries such as the US but they won't bring back jobs.
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A survey of AI researchers tallied predictions for when machines will start beating humans at everything from LEGO assembly to essay-writing.
Farid Mheir's insight:
WHY IT MATTERS: I shy away from these projections but here it comes from scholars at Oxford and Yale so I give more value. Moreover it tracks with the projections I have read from the Singularity is Near and other books on the matter. Moreover I like the visualization because it shows concrete tasks that we can all relate to. And look at the timeline, remembering that 2026 is less than 10 years from now...
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We explore CEOs’ current perceptions of how robotics in the workplace is shaping their businesses today and in the near future. We also offer our perspectives on how robotics and automation have the potential to be truly transformative in the way they create value within organisations.
Farid Mheir's insight:
WHY IT MATTERS: robots are everywhere and PWC projections from 2014 shows growth in many areas outside manufacturing.
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A new type of audit system that digitizes the process is transforming on-site facility inspection programs. This advanced system increases the effectiveness of factory audits as a risk management tool, and provides new insights into the efficiency of remote manufacturing operations. By linking risk and product quality to inspection outcomes, digitized audits also can deliver cost savings and process improvements.
Farid Mheir's insight:
WHY IT MATTERS: always surprised when I see that paper-based processes continue to exist today. They are low hanging fruits for digital transformation.
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If you’re a designer or engineer in the building, infrastructure, or manufacturing industries, you have probably heard about generative design, and maybe you’re excited—or skeptical. Or maybe you’re wondering, what is generative design? Will it pave the road for a new future of making things? Or will artificial intelligence usurp entire governments to become the overlords of
Farid Mheir's insight:
WHY IT MATTERS Very simple explanation of generative design with lots of practical examples of its use.
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What if a CAD system could generate thousands of design options that all meet your specified goals? It’s no longer what if: it’s Project Dreamcatcher, the next generation of CAD. Dreamcatcher is a generative design system that enables designers to craft a definition of their design problem through goals and constraints. This information is used to synthesize alternative design solutions that meet the objectives. Designers are able to explore trade-offs between many alternative approaches and select design solutions for manufacture.
Farid Mheir's insight:
WHY IT MATTERS Companies are starting to use generative design algorithms based on AI technologies to explore thousands of design options rapidly. Autodesk presents here its dreamcatcher project and describe how that is possible.
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An Amazon team at Lab126, a research center based in San Francisco, has developed an algorithm that learns about a particular style of fashion from images, and can then generate new items in similar styles from scratch—essentially, a simple AI fashion designer. The approach is crude and hardly ready for Project Runway, but it hints at the possibilities.
Farid Mheir's insight:
WHY THIS IS IMPORTANT Not only does this experiment show potential for AI to enter the protected world of human creativity, it also signals we soon will be able to go from idea to design to production to sales using AI, automated 3D printing factories and eCommerce. Will we soon see a fully autonomous fashion retailer with no designers, no production staff, no stores that create and sell original clothing?
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The CB Insights artificial intelligence deals tracker looks at top AI deals across industries.
Farid Mheir's insight:
WHY THIS IS IMPORTANT AI startups funding shows that the investments has been growing steadily in the past 4 years and that every industry will be affected by the technology.
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The most anticipated slide deck of the year is here. Key takeaways:
Farid Mheir's insight:
WHY THIS IS IMPORTANT This is an annual bag of goodies. Highlight #1: retail stores are closing at record pace while Amazon opens stores. This is such a huge trend because it transforms stores from a mini-warehouse into something else: a destination for experience, service, and training. Think Apple store with the highest sales per square foot, genius bar, classes and a showroom. Amazon has pushed its Amazon GO, no lines, no registers concept and it is rolling it out slowly. This is just the beginning...
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The technical potential for automation differs dramatically across sectors and activities.
Farid Mheir's insight:
WHY THIS IS IMPORTANT We all work so we should all be aware of this trend. For those of us that create strategy for others, this is essential to consider as an underlying trend.
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Industry 4.0 is more than just a flashy catchphrase. A confluence of trends and technologies promises to reshape the way things are made.
Farid Mheir's insight:
WHY THIS IS IMPORTANT Great chart from McKinsey that shows how to select technologies for the value they deliver. Need to improve time-to-market, look at rapid experimentation, concurrent engineering or cocreation. Useful and simple, can be reused in many other areas.
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The concept of the digital twin contains a trap. When we think of a twin, we think of a copy of an individual. In the digital world, we often think of a copy of an individual device – a physical replica of conveyor belt or radar. The trap is that we limit the scope of twindom and think too small.
Farid Mheir's insight:
This concept of digital twins in the manufacturing world should not be confused with the concept of human digital twins. http://fmcs.digital/blog/digital-twin/ Here, GE is mirroring digitally everything that a machine is doing, and Sight Machine is pushing the concept forward by mirroring entire manufacturing floors.
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Predix, GE's cloud-based platform (PaaS) for Industrial Internet applications, combines people, machines, big data and analytics. Discover Predix today.
Farid Mheir's insight:
GE's industrial Internet means that in the future they may be best known for their infrastructure than their products and devices. Watch for it.
More importantly, the industrial internet and Predix tools came out of a strong digital transformation vision carried out by an exceptional Chief Digital Officer (CDO), Linda Boff. See her profile for more details: http://cdoclub.com/us-chief-digital-officer-of-the-year-linda-boff-on-digital-transformation-at-ge/
I wrote about GE industrial internet in the past: see here http://www.scoop.it/t/digital-transformation-of-businesses?q=ge
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Ils sont déjà partout : dans les usines, les bureaux, bientôt les magasins, les hôpitaux, et même à la maison. Les robots vont transformer notre vie quotidienne et notre travail. Selon une étude de l'université d'Oxford, 47% des emplois sont menacés à moyen terme. En France, les robots pourraient détruire trois millions de postes d'ici à 2025. "L'Angle éco" est allé voir les robots conçus en France, au Japon, où l'on croit qu'ils ont une âme, et en Chine, où il est publiquement assumé qu'ils sont amenés à remplacer la main-d'œuvre. Pour ce numéro, François Lenglet a aussi rencontré Michel Serres, philosophe et membre de l'Académie française, et Hakim El Karoui, essayiste et consultant.
Farid Mheir's insight:
Excellent tv programme (in french) that reviews the robot penetration in business today and its potential impact on jobs in the coming years.
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Crafting with CNC mills, routers and other power tools isn't all that easy, especially if you're new to it. You'll frequently want a template, and it's all too easy to mess up a cut if you haven't developed a steady hand. Shaper doesn't think it has to be daunting, though: it's launching Origin, an augmented reality power cutter.
Farid Mheir's insight:
This is a great idea: a power tool with intelligence that drives the motors and controls the drill bit, ensuring you cut to perfection every time. Basically you've become just a fancy motor for the tool to travel and perform its work. Brilliant. Watch the videos to see how it works for real. Expect to see more of this in the future: smart tools that go beyond the mundane to invade all aspects of the physical world, including in this case the construction industry.
Also: https://www.engadget.com/2016/08/23/hololens-24-core-chip-makes-vivid-ar-possible/
Not a surprise but rather an interesting news snippet: dedicated chipsets for AR are starting to appear. This paves the way for lower cost, better quality solutions. Be aware, AR may become a reality in the coming years as forecasted...
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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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From
qz
So far, 3D printing has not quite lived up to expectations. Skeptics are abandoning the idea of a future when you'll be able to 3D print just about anything in your living room, and MakerBot, the only relatively well-known maker of 3D printers, has stopped producing its own printers, outsourcing the work to China. Industrial use, rather than personal, ha
Farid Mheir's insight:
A short article on the use of 3D printing in fashion, with lots of links to follow for more details.
WHY THIS IS IMPORTANT Technology permeates every industry and changes basic assumptions and business models. We often think this is limited to low margin commodity products but it looks like specialized, niched industries can benefit too. Look at your industry and ask, where can I apply 3D printing, eCommerce, augmented reality, connected objects, etc. in my company to revolutionize the way I design, fabricate, distribute, market, sell, support.
Think of everything because everything is on the table and open for digital transformation.
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Curated by Farid Mheir
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WHY IT MATTERS: we focus on the financial use cases of the blockchain. However there are many more - and potentially more important - use cases for blockchain outside payment and financial transactions. They must be considered careful by anymore preparing a digital strategy today.
Also:
- more recent infographics (2018): https://www.reddit.com/r/CryptoCurrency/comments/7y2zld/infographic_use_cases_for_blockchain/
- another list: https://www.experfy.com/blog/blockchain-use-cases-that-have-potential-to-disrupt-society
- other financial use cases explained: https://hackernoon.com/popular-use-cases-of-blockchain-technology-you-need-to-know-df4e1905d373
- slideshare presentation: https://www.slideshare.net/IBTSMG/blockchain-use-cases-75417476