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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How political parties use your personal data to create a #DigitalTwin profile of yourself and send you targeted messages in #Facebook #Email #Ads and other via @ICO #UK #CambridgeAnalytica #privacy...

How political parties use your personal data to create a #DigitalTwin profile of yourself and send you targeted messages in #Facebook #Email #Ads and other via @ICO #UK #CambridgeAnalytica #privacy... | WHY IT MATTERS: Digital Transformation | Scoop.it

In May 2017 the Information Commissioner announced a formal investigation into the use of data analytics for political purposes. The investigation is one of the largest of its kind and is ongoing. This page will be updated as and when developments arise.

Farid Mheir's insight:

WHY IT MATTERS: data that you post on Facebook or elsewhere is aggregated by political parties and retailers and governments and others to create a virtual profile of yourself - what I call the digital twin. See my post here for more on the digital twin: http://fmcs.digital/blog/digital-twin/ 

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UK Investigation into data analytics for political purposes track the amount of data collected by political parties via @ICO #Facebook #CambridgeAnalytica

UK Investigation into data analytics for political purposes track the amount of data collected by political parties via @ICO #Facebook #CambridgeAnalytica | WHY IT MATTERS: Digital Transformation | Scoop.it

In May 2017 the Information Commissioner announced a formal investigation into the use of data analytics for political purposes. The investigation is one of the largest of its kind and is ongoing. This page will be updated as and when developments arise.

Farid Mheir's insight:

WHY IT MATTERS: this investigation on the heels of the Cambridge Analytica scandal shows how much data is being collected by political parties.

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Five Challenges of Analyzing Internet of Things (#IoT) Data

Five Challenges of Analyzing Internet of Things (#IoT) Data | WHY IT MATTERS: Digital Transformation | Scoop.it

The analysis of Internet of Things (IoT) data is quickly becoming a mainstream activity. I’ve written about the Analytics of Things (AoT) before (some examples herehere, and here). For this blog, I’m going to focus on a few unique challenges that you’ll most likely encounter as you move to take IoT data into the AoT realm.

Farid Mheir's insight:

WHY IT MATTERS: as I work with colleagues to bring IOT into retail stores, challenges are many including those highlighted here.

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Tell your kids to stay in school: If you work with your hands, #AI, #automation, and #BigData are not good news according to @McKinsey #Tech4Good

Tell your kids to stay in school: If you work with your hands, #AI, #automation, and #BigData are not good news according to @McKinsey #Tech4Good | WHY IT MATTERS: Digital Transformation | Scoop.it

Workplaces and workflows will change as more people work alongside machines

Farid Mheir's insight:

WHY IT MATTERS: if you have kids, show them this then encourage them to study!

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Retailers that do not believe #AI and #BigData is top priority today may suffer via @McKinsey

Retailers that do not believe #AI and #BigData is top priority today may suffer via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

As machines increasingly complement human labor in the workplace, we will all need to adjust to reap the benefits.

Farid Mheir's insight:

WHY IT MATTERS: watch out for AI to revolutionize the retail industry - and many others.

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Achieving business impact with data | McKinsey & Company

Achieving business impact with data | McKinsey & Company | WHY IT MATTERS: Digital Transformation | Scoop.it

The best analytics are worth nothing with bad data. The importance of understanding and working on all components of the insights value chain is mission critical.

Farid Mheir's insight:

WHY IT MATTERS: the article offers target improvement metrics for using big data and advanced analytics. Moreover it identifies the different elements required to reach the full potential of data usage within organizations.

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How Facebook Figures Out Everyone You've Ever Met

How Facebook Figures Out Everyone You've Ever Met | WHY IT MATTERS: Digital Transformation | Scoop.it

In real life, in the natural course of conversation, it is not uncommon to talk about a person you may know. You meet someone and say, “I’m from Sarasota,” and they say, “Oh, I have a grandparent in Sarasota,” and they tell you where they live and their name, and you may or may not recognize them.

Farid Mheir's insight:

WHY IT MATTERS: I introduced the concept of a "digital twin" in a recent blog post and this article describes how Facebook uses what you do online to create part of this digital twin profile you may not be ware of.

Also read the digital twin post: http://fmcs.digital/blog/digital-twin/ 

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How Cambridge Analytica’s Facebook targeting model really worked – according to the person who built it

How Cambridge Analytica’s Facebook targeting model really worked – according to the person who built it | WHY IT MATTERS: Digital Transformation | Scoop.it

An email from Aleksandr Kogan sheds light on exactly how much your Facebook data reveals about you, and what data scientists can actually do with that information. The researcher whose work is at the center of the Facebook-Cambridge Analytica data analysis and political advertising uproar has revealed that his method worked much like the one Netflix uses to recommend movies.

Farid Mheir's insight:

WHY IT MATTERS: this well researched article with many links will provide hours of content to help you understand the Facebook breach. The data may surprise you both by the high accuracy that some predictive models have, and by the relatively low accuracy of other elements.

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Interactive map shows where your neighbours were born - Où sont nés vos voisins? #Canada #BigData @LeDevoir

Interactive map shows where your neighbours were born - Où sont nés vos voisins? #Canada #BigData @LeDevoir | WHY IT MATTERS: Digital Transformation | Scoop.it

Découvrez le pays d’origine de chacun des 34 460 065 Canadiens avec notre carte interactive.

Farid Mheir's insight:

WHY IT MATTERS: doesn't matter but interesting nevertheless...

Kami Campbell's curator insight, March 29, 2018 6:58 PM
via KAMI CAMPBBELL
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#BigData downsides: Fitness tracking app Strava gives away location of secret US army bases #privacy #security

#BigData downsides: Fitness tracking app Strava gives away location of secret US army bases #privacy #security | WHY IT MATTERS: Digital Transformation | Scoop.it

Data about exercise routes shared online by soldiers can be used to pinpoint overseas facilities. Sensitive information about the location and staffing of military bases and spy outposts around the world has been revealed by a fitness tracking company.

Farid Mheir's insight:

WHY IT MATTERS: Big data and Internet of things - where every device in the world is connected - has huge potential. At the same time, this enhanced traceability has downsides for privacy and security, as evidenced by this article from The Guardian. Other similar examples in the past have highlighted the possible issues: robbers get caught by police when the photos they post of their robbery includes their GPS location, or face identification cameras in China let government track individuals as they walk the street. We will have to find a solution for this in the future.

Other articles I wrote about the strava Big Data visualization are here:

2017 dataset: http://fmcs.digital/blog/where-people-go-to-play-strava-global-heatmap-aggregates-1b-activities-and-13t-data-points-to-show-where-people-run-bike-in-the-world-bigdata-maps/ 

2015 dataset: http://fmcs.digital/blog/strava-170m-ridesruns-heatmap-shows-most-popular-bike-run-trails-of-2015-with-bigdata-gps-crowdsourcing/ 

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Email this to your CEO with subject "URGENT" & ask what they are doing about this today? - Why digital transformation is now on the CEO’s shoulders via @McKinsey

Email this to your CEO with subject "URGENT" & ask what they are doing about this today? - Why digital transformation is now on the CEO’s shoulders via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

...it forces CEOs to rethink how companies execute, with new business processes, management practices, and information systems, as well as everything about the nature of customer relationships. I’m seeing leaders who get this. They’re all over it: they want to launch five transformation initiatives right now; they’re talking to me and every digital leader they know about where the technology threats are coming from; and they’re hiring the best people to advise them. Yet I’m shocked by—even fearful for—the many CEOs I know who seem to be asleep at the switch.

Farid Mheir's insight:

WHY IT MATTERS: digital transforms every single business functions in the organizations. But unlike previous eras such as the Internet, this may be existential for many organizations. Thomas Siebel makes a very compelling arguments to get going big and hire great partners and consultants - think of me when you do! ;-)

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Where people go to play: Strava Global Heatmap aggregates 1B activities and 13T data points to show where people run & bike in the world #BigData #Maps

Where people go to play: Strava Global Heatmap aggregates 1B activities and 13T data points to show where people run & bike in the world #BigData #Maps | WHY IT MATTERS: Digital Transformation | Scoop.it

Over 1 billion activities, 13 trillion data points create the ultimate map of athlete playgrounds.

Farid Mheir's insight:

WHY IT MATTERS: IOT and wearables are giving us a whole new way to see our world. Here, Strava fitness app has built a new world map to show where people go to play and exercise.

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LinkedIn’s 2017 U.S. Emerging #Jobs Report concludes that technology skills and soft skills are key for today's job market

LinkedIn’s 2017 U.S. Emerging #Jobs Report concludes that technology skills and soft skills are key for today's job market | WHY IT MATTERS: Digital Transformation | Scoop.it

It may come as no surprise that technology-centric roles stole the show among emerging jobs in the United States, but the prevalence of machine learning and data science roles and skills indicate a shift in the types of technology we can expect to be using in the near future, as well as what professionals should be preparing themselves for.

Having an academic background and a comprehensive suite of skills were also strong trends, especially among professionals who are now machine learning engineers and data scientists. Both of these roles are also often held by professionals with 10 years or more of professional experience, so for those just starting out and having trouble landing one of these titles, don’t be discouraged!

It’s always a good reminder that soft skills will always be important, no matter the profession. The ability to collaborate, be a leader, and learn from colleagues will stand out in interviews, and even more once starting a job.

Farid Mheir's insight:

WHY IT MATTERS: the conclusion of the study is simple: go to University and study something related to technology. Simple, no?

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Why Google Maps is GREAT and Apple maps is barely ok at best - a very detailed look - Thank you @gnat for these great finds

Why Google Maps is GREAT and Apple maps is barely ok at best - a very detailed look - Thank you @gnat for these great finds | WHY IT MATTERS: Digital Transformation | Scoop.it

Google has gathered so much data, in so many areas, that it’s now crunching it together and creating features that Apple can’t make—surrounding Google Maps with a moat of time.

Farid Mheir's insight:

WHY IT MATTERS: Google has been capturing and translating data for a very long time and by doing so it can provide digital services that way better than anything else their competitors can do. This example of maps is just one in many but this one is particularly well documented. Kudos.

EntreCulturas's curator insight, January 4, 2018 11:02 AM
En este estudio sobre las apps de geolocalizacion como Google Maps o Apple Maps, se muestra el mayor desarrollo de la primera. Google se ha actualizado principalmente permitiendo el acceso exacto al edificio concreto de una calle. Se puede ver clickando ,encima, una descripción detallada de la ubicación con opción de encontrar imágenes del interior. 
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Impact of the Fourth Industrial Revolution on Supply Chains HT @JimMarous @MikeQuindazzi @wef #banking #AI #IoT #robotics #blockchain #wearable #AR #Analytics #voicefirst

Impact of the Fourth Industrial Revolution on Supply Chains HT @JimMarous @MikeQuindazzi @wef  #banking #AI #IoT #robotics #blockchain #wearable #AR #Analytics #voicefirst | WHY IT MATTERS: Digital Transformation | Scoop.it

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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How Does Your Neighborhood Vote? Researchers use Google Street View images for #BigData analysis to predict everything from income and race to election results

How Does Your Neighborhood Vote? Researchers use Google Street View images for #BigData analysis to predict everything from income and race to election results | WHY IT MATTERS: Digital Transformation | Scoop.it

You can learn a lot about an area just from the cars parked on its streets.

Farid Mheir's insight:

WHY IT MATTERS: using Big Data and AI techniques on the ever expanding data around us can help predict things that are often surprising. Expect more like this in the coming years with the increase in Internet of Things.

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Navigating a World of Digital Disruption via @BCG

Navigating a World of Digital Disruption via @BCG | WHY IT MATTERS: Digital Transformation | Scoop.it

So leaders need to focus on asymmetrical rivals and unlikely allies, on hackers and hobbyists, on rooftop solar panels and 3-D printers. They must also adapt their strategies to the possibility of shared infrastructure, to data that wants to be big, to the implacable embrace-and-extend bear hug of Google and Amazon and the National Security Agency. Conventional business models may be simultaneously too big and too small. How should executives respond? Here are the four major drivers of the new industrial architecture and the key strategic imperatives for companies.

Farid Mheir's insight:

WHY IT MATTERS: in this article BCG explores the underlying elements that should drive digital transformation in organizations. Not for the faint at heart.

Ian Harris's curator insight, December 9, 2017 5:23 PM

Brain fodder for business leaders!

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R U ready to share purchase & fitness data to have #MachineLearning Predict Heart Disease & Diabetes?

R U ready to share purchase & fitness data to have #MachineLearning Predict Heart Disease & Diabetes? | WHY IT MATTERS: Digital Transformation | Scoop.it

In an ongoing effort with Boston-area hospitals, including the Boston Medical Center and the Brigham and Women’s Hospital, we found that we could predict hospitalizations due to these two chronic diseases about a year in advance with an accuracy rate of as much as 82%. This will give care providers the chance to intervene much earlier and head off hospitalizations.

Farid Mheir's insight:

WHY IT MATTERS: would you allow an invasion of your privacy to improve your life expectancy? I assume most of us would say YES if assured that the information would remain secure and private. What technologies need to be put in place? Do we need government regulations to protect everyone equally? These are the real questions behind advances such as this one. Moreover are there solutions using blockchain technology to allow for this to become possible?

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5 Models for Engineering Personalized Digital Experiences #Amazon #Netflix #Spotify #Pinterest #Facebook

5 Models for Engineering Personalized Digital Experiences #Amazon #Netflix #Spotify #Pinterest #Facebook | WHY IT MATTERS: Digital Transformation | Scoop.it

Majority of websites are generic, one-size-fits-all, and unvarying. And email isn’t much better with manual input, static cadences, and fixed content. Marketers and audiences deserve better, though. As big data, artificial intelligence (AI), machine learning, and deep learning become larger influences and more attainable, now is the time for digital marketers to seize upon the potential these technologies offer. Brands can now build custom on-site and email experiences for individuals that are automated and personalized by incorporating predictive modeling, journey mapping, and algorithms.

Farid Mheir's insight:

WHY IT MATTERS

Learn from the best online retailers on the best ways to personalize your website and ecommerce.

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The Four V's of Big Data

The Four V's of Big Data | WHY IT MATTERS: Digital Transformation | Scoop.it

IBM data scientists break big data into four dimensions: volume, variety, velocity and veracity. This infographic explains and gives examples of each.

Farid Mheir's insight:

WHY IT MATTERS

Big Data is based on 4 key characteristics that have driven its adoption in recent years.

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Tools to Unlock Your Data & build #dashboards: @Redash redash.io & @Google #datastudio #essentialForDigital

Tools to Unlock Your Data & build #dashboards: @Redash redash.io & @Google #datastudio #essentialForDigital | WHY IT MATTERS: Digital Transformation | Scoop.it

Use Redash to connect to any data source (Redshift, BigQuery, MySQL, PostgreSQL, MongoDB and many others), query, visualize and share your data to make your company data driven.

Farid Mheir's insight:

WHY IT MATTERS

Everyone is looking at data and very often excel does not provide a scalable solution - especially when looking to build dashboard that everyone uses. Here is one: redash.io.

For Google users looking for a free solution, consider DataStudio.

https://datastudio.google.com 

tavaresandro's curator insight, October 5, 2017 12:57 AM

WHY IT MATTERS

Everyone is looking at data and very often excel does not provide a scalable solution - especially when looking to build dashboard that everyone uses. Here is one: redash.io.

For Google users looking for a free solution, consider DataStudio.

https://datastudio.google.com 

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What is popular regarding #AI on twitter today #visualization

What is popular regarding #AI on twitter today #visualization | WHY IT MATTERS: Digital Transformation | Scoop.it

The graph represents a network of 3,518 Twitter users whose tweets in the requested range contained "(Artificial Intelligence) OR #AI", or who were replied to or mentioned in those tweets.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Different way to visualize trends using twitter data.

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TechnoVision highlights 37 technologies that disrupt via @Capgemini

TechnoVision highlights 37 technologies that disrupt via @Capgemini | WHY IT MATTERS: Digital Transformation | Scoop.it

Capgemini’s 2017 Edition of TechnoVision presents 37 compelling technology trend building blocks of inspiring, challenging, and disruptive perspectives.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

I appreciate the thought leadership of Capgemini around digital disruption and find this year they have tapped into an important concept: the parallel digital universe. Can't wait to dive into the different papers in this report.

Moreover, the concept of having digital twins is one that I have written about in the past as well: http://fmcs.digital/blog/digital-twin/ 

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Weekend read: 350 slides Mary Meeker’s 2017 internet trends report - eCommerce is killing traditional retail #1

Weekend read: 350 slides Mary Meeker’s 2017 internet trends report - eCommerce is killing traditional retail #1 | WHY IT MATTERS: Digital Transformation | Scoop.it

The most anticipated slide deck of the year is here. Key takeaways:

  • Global smartphone growth is slowing: Smartphone shipments grew 3 percent year over year last year, versus 10 percent the year before. This is in addition to continued slowing internet growth, which Meeker discussed last year.
  • Voice is beginning to replace typing in online queries. Twenty percent of mobile queries were made via voice in 2016, while accuracy is now about 95 percent.
  • In 10 years, Netflix went from 0 to more than 30 percent of home entertainment revenue in the U.S. This is happening while TV viewership continues to decline.
  • Entrepreneurs are often fans of gaming, Meeker said, quoting Elon Musk, Reid Hoffman and Mark Zuckerberg. Global interactive gaming is becoming mainstream, with 2.6 billion gamers in 2017 versus 100 million in 1995. Global gaming revenue is estimated to be around $100 billion in 2016, and China is now the top market for interactive gaming.
  • China remains a fascinating market, with huge growth in mobile services and payments and services like on-demand bike sharing. (More here: The highlights of Meeker's China slides.)
  • While internet growth is slowing globally, that’s not the case in India, the fastest growing large economy. The number of internet users in India grew more than 28 percent in 2016. That’s only 27 percent online penetration, which means there’s lots of room for internet usership to grow. Mobile internet usage is growing as the cost of bandwidth declines. (More here: The highlights of Meeker's India slides.)
  • In the U.S. in 2016, 60 percent of the most highly valued tech companies were founded by first- or second-generation Americans and are responsible for 1.5 million employees. Those companies include tech titans Apple, Alphabet, Amazon and Facebook.
  • Healthcare: Wearables are gaining adoption with about 25 percent of Americans owning one, up 12 percent from 2016. Leading tech brands are well-positioned in the digital health market, with 60 percent of consumers willing to share their health data with the likes of Google in 2016.
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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#bigData case studies in a nutshell Macy's Walmart Tesco Amex

#bigData case studies in a nutshell Macy's Walmart Tesco Amex | WHY IT MATTERS: Digital Transformation | Scoop.it

In less than a decade, Big Data is a multi-billion-dollar industry. Who’s using it? How are they apply data? What are they achieving?Here are 37 Big Data case studies where companies see big results.

 

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Big Data is not a buzzword so much anymore, quickly being replace by AI. But in reality, companies that are applying big data concepts have seen tremendous improvements.

The link is for 10 case studies, here is the link for the 37: https://www.businessesgrow.com/2016/12/06/big-data-case-studies/ 

 

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