WHY IT MATTERS: Digital Transformation
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Enterprise #DataFabric Q2 2020 @Forrester Wave highlights that data is now "virtual", generated in multiple locations but brought together in very dynamic #cloud environments

Enterprise #DataFabric Q2 2020 @Forrester Wave highlights that data is now "virtual", generated in multiple locations but brought together in very dynamic #cloud environments | WHY IT MATTERS: Digital Transformation | Scoop.it

Data fabric is a hot, emerging market that delivers a unified, intelligent, and integrated end-to-end platform to support new and emerging use cases. The sweet spot is its ability to deliver use cases quickly by leveraging innovation in dynamic integration, distributed and multicloud architectures, graph engines, and distributed in-memory and persistent memory platforms. Data fabric focuses on automating the process integration, transformation, preparation, curation, security, governance, and orchestration to enable analytics and insights quickly for business success. It minimizes complexity by automating processes, workflows, and pipelines, generating code and streamlining data to accelerate various use cases such as customer 360, data science, fraud detection, internet-of-things (IoT) analytics, risk analytics, and healthcare insights.

Farid Mheirs insight:

WHY IT MATTERS: the net net of this report is that you should move all your data to the cloud and leverage very nimble solutions to aggregate, consolidate and massage data.

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Top 10 trends in #data & #analytics for 2020 by @Gartner stresses that data should permeate every system, app, email or notification

Top 10 trends in #data & #analytics for 2020 by @Gartner stresses that data should permeate every system, app, email or notification | WHY IT MATTERS: Digital Transformation | Scoop.it

Read this report from Gartner to learn

  • How the shift to more dynamic, augmented analytics will result in the decline of the predefined dashboard
  • How augmented analytics is changing how less skilled users find insights and interact with data
  • Why business agility enabled by the cloud is more critical now than ever
  • Non-technology trends that are critical to success
Farid Mheirs insight:

WHY IT MATTERS: this report highlights key trends in data where it is clear that data is now expected to be collected everywhere and presented wherever it is most useful. Data should permeate every system, app, email or notification.

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6 fundamental shifts in data architecture to drive innovation- they look so simple yet they are very difficult to implement via @McKinsey

6 fundamental shifts in data architecture to drive innovation- they look so simple yet they are very difficult to implement via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

An agile approach to overhauling data architecture improves speed, flexibility, and innovation.

Farid Mheirs insight:

WHY IT MATTERS: data is the fuel for digital transformation. Changing the data architecture of organizations to support real-time quality data requires a number of fundamental changes that often requires changes in infrastructure, legacy systems and more importantly, governance and user behavior.

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2020 Data Breach Investigations Report is an annual compilation by Verizon that provides amazing overview of 4,000 #cybersecurity attacks

2020 Data Breach Investigations Report is an annual compilation by Verizon that provides amazing overview of 4,000 #cybersecurity attacks | WHY IT MATTERS: Digital Transformation | Scoop.it

Stay ahead of threats with the insights in the 2020 Data Breach Investigations Report (DBIR) from Verizon Enterprise Solutions. Read the official report now.

Farid Mheirs insight:

WHY IT MATTERS: the report is extensive and provides amazing insights into the most common security breaches. For example, the figure 22 shows that port 23 (telnet) and port 22 (SSH) remain most popular by far attack points. Many more insight in there...

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What is good retention metric numbers? A panel of experts provides their value from Lenny's Newsletter @lennysan via @sebprovencher

What is good retention metric numbers? A panel of experts provides their value from Lenny's Newsletter @lennysan via @sebprovencher | WHY IT MATTERS: Digital Transformation | Scoop.it

If you take nothing else away from this post, it should be that retention matters. A lot. No other metric is as singularly telling of whether your business will thrive or die. And so, the better you understand what good retention looks like for your business, the better shot you have at the former. We hope this research proves useful to you whether you’re building, investing, or just curious.

Farid Mheirs insight:

WHY IT MATTERS: with every product moving to a SaaS, pay as you go, model, retention has become a key metric to consider. This post delivers insights into retention metrics for GOOD and GREAT retention numbers. I'd love to see similar posts on email open rates, ecommerce conversion, app usage, etc.

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What Does Big Tech Know About You? Basically Everything - an #infographic that should help you visualize what data is captured by the main platforms #privacy 

What Does Big Tech Know About You? Basically Everything - an #infographic that should help you visualize what data is captured by the main platforms #privacy  | WHY IT MATTERS: Digital Transformation | Scoop.it

This infographic examines the privacy policies of Facebook, Google, Apple, Twitter, Amazon and Microsoft.

Farid Mheirs insight:

WHY IT MATTERS: a very interesting visualization of the data captured by the main platforms. Usually I am not a big fan of infographics but this one is different as it conveys true information. The article has a. longer form version of this.

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COVID-19 Data Lake on AWS by C3.ai is a collection of 22 databases of health information that shows the importance of data consolidation

COVID-19 Data Lake on AWS by C3.ai is a collection of 22 databases of health information that shows the importance of data consolidation | WHY IT MATTERS: Digital Transformation | Scoop.it

The C3.ai COVID-19 Data Lake uniquely integrates multiple data sources in a unified data model, ready for analysis – not just a list of links or a collection of data sets. Stop wasting time wrangling data and focus instead on generating insights. Access data at no charge with any utility that supports RESTful APIs.

Farid Mheirs insight:

WHY IT MATTERS: c3.ai has spent one month consolidating the health data on covid-19 into a massive data lake accessible by all on AWS to help AI research and other investigations.

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50+ #free Data Studio Templates to Automate SEO Reporting + Lots More marketing and web reports, dashboards and visualizations

50+ #free Data Studio Templates to Automate SEO Reporting + Lots More marketing and web reports, dashboards and visualizations | WHY IT MATTERS: Digital Transformation | Scoop.it

Looking for a data visualisation tool or SEO report templates? Grab these FREE Data Studio Templates to speed up your reporting (and more).

Farid Mheirs insight:

WHY IT MATTERS: Google data studio is a very simple and useful tool to consolidate and display data from websites, ecommerce, social and other digital activities. Great for marketing but anyone with interested in showing how good (or bad) their digital activities are. Moreover the results can be viewed online or emailed as PDF!

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Mary Meeker's coronavirus trends report is the most concentrated information doc about #covid impact on life & business via @axios @bondcapital #mustread

Mary Meeker's coronavirus trends report is the most concentrated information doc about #covid impact on life & business via @axios @bondcapital #mustread | WHY IT MATTERS: Digital Transformation | Scoop.it

Mary Meeker's venture capital firm, Bond, sends a 28-page report to its investors.

Farid Mheirs insight:

WHY IT MATTERS: mary meeker internet trend report is an annual must see report to gage the state of the Internet - and digital transformation. Here she applies the same rigour to analyze the impact of coronavirus. #mustread

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the impact of #covid #coronavirus on #eCommerce: Top 100 Fastest Growing & Declining Categories in E-commerce #noSurprise via @umlaut21 @ChristianDion

the impact of #covid #coronavirus on #eCommerce: Top 100 Fastest Growing & Declining Categories in E-commerce #noSurprise via @umlaut21 @ChristianDion | WHY IT MATTERS: Digital Transformation | Scoop.it

A recap of the Top 100 fastest growing & declining categories in March 2020 vs. March 2019

Farid Mheirs insight:

WHY IT MATTERS: eCommerce is one of the big winner of the c19 crisis. Data is starting to pour in...

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Coronavirus: Why it was a good idea to act now - A visual explanation of the exponential progression via Tomas Pueyo

When you’re done reading the article, this is what you’ll take away:

It’s coming at an exponential speed: gradually, and then suddenly.
It’s a matter of days. Maybe a week or two.
When it does, your healthcare system will be overwhelmed.
Your fellow citizens will be treated in the hallways.
Exhausted healthcare workers will break down. Some will die.
They will have to decide which patient gets the oxygen and which one dies.
The only way to prevent this is social distancing today. Not tomorrow. Today.
That means keeping as many people home as possible, starting now.

Farid Mheirs insight:

WHY IT MATTERS:  very researched, very detailed, full of graphs. Helps understand the current situation and the need to shutdown and isolate.

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The Gartner 2020 Magic Quadrant for Data Science and #ML Platforms

The Gartner 2020 Magic Quadrant for Data Science and #ML Platforms | WHY IT MATTERS: Digital Transformation | Scoop.it

Expert data scientists and other professionals working in data science roles require capabilities to source data, build models and operationalize machine learning insights. Significant vendor growth, product development and myriad competing visions reflect a healthy market that is maturing rapidly.

Farid Mheirs insight:

WHY IT MATTERS: machine learning is all about data and data analysis so no surprise that data analysis tools are exploding these days. The quadrant is interesting to ID the big players but jump to the end of the report for a market analysis that is worth the read.

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If data is the new oil, this is the gas station: Discovering millions of datasets on the web, Google creates a search engine to discover them all - an essential component for #AI but great for web ...

If data is the new oil, this is the gas station: Discovering millions of datasets on the web, Google creates a search engine to discover them all - an essential component for #AI but great for web ... | WHY IT MATTERS: Digital Transformation | Scoop.it

Dataset Search launches publicly with an index of 25 million datasets, helping scientists, journalists, students, data geeks to find data.

Dataset Search also gives us a snapshot of the data out there on the Web. Here are a few highlights. The largest topics that the datasets cover are geosciences, biology, and agriculture. The majority of governments in the world publish their data and describe it with schema.org. The United States leads in the number of open government datasets available, with more than 2 million. And the most popular data formats? Tables–you can find more than 6 million of them on Dataset Search.

Farid Mheirs insight:

WHY IT MATTERS: data is the new oil. This thing is a gas station. Use it.

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Data measurement strategies that all marketers should apply in their analytics reports and dashboards

Data measurement strategies that all marketers should apply in their analytics reports and dashboards | WHY IT MATTERS: Digital Transformation | Scoop.it

Here are three analytics resolutions all marketers should make in 2020 if they want to create a competitive advantage for their company.

Farid Mheirs insight:

WHY IT MATTERS: some useful reminders of the the common mistakes that marketers make in their analytics reporting. With some solutions.

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This "Internet" thing may have a future after all... ;-) Have a look at the data behind the adoption of #Internet tools and technologies in the last 20 years and extrapolate what #AI #IOT #AR #VR w...

This "Internet" thing may have a future after all... ;-) Have a look at the data behind the adoption of #Internet tools and technologies in the last 20 years and extrapolate what #AI #IOT #AR #VR w... | WHY IT MATTERS: Digital Transformation | Scoop.it

The internet has changed the way we work, interact and learn with others across the world. How many people in the world are online, and how has this changed over time? Explore global and country-level data on internet access and technology.

Farid Mheirs insight:

WHY IT MATTERS: we take it for granted because 90% of the population in Canada has access to the Internet. This summary of facts about Internet adoption should make us all realize that: 1) the growth has been very fast 2) not everyone in the world has the same chance 3) newer technologies based on Artificial Intelligence, Internet of Things and soon AR/VR will leverage this infrastructure to deliver even more transformation

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The Ultimate List of #BI Tools and #Visualization Dashboards via @blendo

The Ultimate List of #BI Tools and #Visualization Dashboards via @blendo | WHY IT MATTERS: Digital Transformation | Scoop.it

The most recent version of the dashboards and Business Intelligence tools list. Start here to understand the BI landscape, browse options and understand pricing.

Farid Mheirs insight:

WHY IT MATTERS: this reference of BI tools is quite impressive in its breadth and depth. Very useful.

freebme013@gmail.com's curator insight, November 17, 2019 12:42 PM
BI Tools are the wave of the future.
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Take this test: 9 data points is all you need to determine who you are going to vote in the next election- Imagine what you can do when you have 1000s as do Apple, Google, Facebook, etc.? via @Radi...

Take this test: 9 data points is all you need to determine who you are going to vote in the next election- Imagine what you can do when you have 1000s as do Apple, Google, Facebook, etc.? via @Radi... | WHY IT MATTERS: Digital Transformation | Scoop.it

À quel point l’âge, le revenu, le genre ou la religion influencent les chances de voter pour un parti? Nous avons puisé dans les réponses de 387 671 utilisateurs de la Boussole électorale pour le déterminer.

Farid Mheirs insight:

WHY IT MATTERS: the power of big data is all here in this test. Enter your age, gender and 7 other facts about you and they will determine with high confidence what party you will vote for in the upcoming Canadian election. What's the trick? The data from an online survey of 300,000 Canadians. So now imagine the kind of targetting Apple, Google, Facebook, Amazon can do and you'll realize why they are so valuable and dangerous. Amazing!

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6 Technologies on the Gartner Hype Cycle for Digital marketing and Advertising to prioritize in your marketing technology investments 

6 Technologies on the Gartner Hype Cycle for Digital marketing and Advertising to prioritize in your marketing technology investments  | WHY IT MATTERS: Digital Transformation | Scoop.it

Use the 2019 Gartner Hype Cycle for Digital Marketing and Advertising to prioritize your marketing technology investments.

Farid Mheirs insight:

WHY IT MATTERS: Gartner recommends that marketers prioritize the following 6 tech this year. Do you?
1- Customer data platform (CDP)
2- Artificial intelligence for marketing
3- Blockchain for advertising
4- Real-time marketing
5- Multitouch attribution
6- Conversational marketing

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4 Biggest Data Problems from the #MarTech Explosion: increase in operational lag, inefficient teams, poor customer experiences, and legal and data-privacy risks via @Tealium

4 Biggest Data Problems from the #MarTech Explosion: increase in operational lag, inefficient teams, poor customer experiences, and legal and data-privacy risks via @Tealium | WHY IT MATTERS: Digital Transformation | Scoop.it

The number of marketing technologies available to businesses has soared in the last five years – from about 150 in 2011 to over 3,800 in 2016, according to ChiefMarTech.com. And a study by eConsultancy and Tealium found that businesses use on average more than 20 marketing technology vendors to deliver their campaigns and customer experiences. This rapid expansion of the MarTech space has created significant challenges for marketing, technology, and management teams alike making it difficult to build cohesive, end-to-end customer experiences because of gaps between marketing technologies, the data they leverage, and how they are implemented. This paper provides an overview of the four core problems businesses are facing with data due to the proliferation of marketing technology, and how adopting a Universal Data Hub (UDH) solves these problems. 

Farid Mheirs insight:

WHY IT MATTERS: this article highlights the importance of technology and data science in marketing today.

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Preparing and Architecting for Machine Learning describes @Gartner reference architecture for an ML data processing flow #AI #ML Data

Preparing and Architecting for Machine Learning describes @Gartner reference architecture for an ML data processing flow #AI #ML Data | WHY IT MATTERS: Digital Transformation | Scoop.it

Machine learning continues to gain traction in digital businesses, and technical professionals must embrace it as a tool for creating operational efficiencies. This updated primer discusses the benefits and pitfalls of machine learning, architecture updates, and new roles and responsibilities.

Farid Mheirs insight:

WHY IT MATTERS: this report from Gartner surprisingly is very useful as it provides a framework and target reference architecture for machine learning and AI. Very well done and useful. The link is for 2018 update but the original 2017 report is available for free here: https://www.gartner.com/binaries/content/assets/events/keywords/catalyst/catus8/preparing_and_architecting_for_machine_learning.pdf

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How to Make Your Company Machine Learning Ready provides a simple 4-step approach that focusses on processes instead of technology via @HBR #AI #ML #Data #ProcessMapping

How to Make Your Company Machine Learning Ready provides a simple 4-step approach that focusses on processes instead of technology via @HBR #AI #ML #Data #ProcessMapping | WHY IT MATTERS: Digital Transformation | Scoop.it

It’s where forward-thinking managers should be focusing.

  1. First, catalogue your business processes. 
  2. Second, focus on simple problems. 
  3. Third, don’t use machine learning where standard business logic will suffice.
  4. Fourth, if a process is complicated, use machine learning to create decision support systems.
Farid Mheirs insight:

WNHY IT MATTERS: everyone's wondering how to use AI within their organization. This paper suggests a 4-step approach to make this a reality, focussing on processes rather than technology.

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Is Your Company’s Data Ready for #MachineLearning? is a bit misleading video that provides a decent overview of modern data processing pipeline via @Tealium #AI #DataProcessing

Is Your Company’s Data Ready for #MachineLearning? is a bit misleading video that provides a decent overview of modern data processing pipeline via @Tealium #AI #DataProcessing | WHY IT MATTERS: Digital Transformation | Scoop.it

Machine Learning (ML) is a new field, and there is a competitive advantage to those first adopters. Yet, many companies are buying ML technologies and developing strategies before they have taken the appropriate step back to evaluate whether their dat

Farid Mheirs insight:

WHY IT MATTERS: the title is a bit misleading but the presentation gives a fairly decent summary of the components and processes in a modern data pipeline designed for machine learning.

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State of #Retail 2019 by @Comscore highlights: #online = 24% of total retail sales slowing down, #mobile shopping is winner, #voice & #AR not yet part of mainstream, start holiday early this year

State of #Retail 2019 by @Comscore highlights: #online = 24% of total retail sales slowing down, #mobile shopping is winner, #voice & #AR not yet part of mainstream, start holiday early this year | WHY IT MATTERS: Digital Transformation | Scoop.it
2019 is shaping up to be a landmark year for the retail and ecommerce industries. Online spending continues to grow, retailers are experimenting with new voice technology, and an abbreviated holiday shopping season looms on the horizon. We invite you to join us on July 17, 2019 for our annua
Farid Mheirs insight:

WHY IT MATTERS: eCommerce now accounts for 1 in 4 total sales so everyone should use this as a benchmark ie. if you are not selling 25% online then you may be behind the ball (depends on your industry but a good benchmark). Also, if your site is not mobile focussed, you have to take steps to change that.

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Meet the #AI Landlord That’s Building a Single-Family-Home Empire using #BigData + #AI + #humans

Meet the #AI Landlord That’s Building a Single-Family-Home Empire using #BigData + #AI + #humans | WHY IT MATTERS: Digital Transformation | Scoop.it

Finding shabby abodes like these and making them respectable is the load-bearing wall of Amherst’s strategy. Amherst depends on humans to find cities, towns, and neighborhoods where fixer-uppers can become profitable, then relies on automation to pick individual homes. Negri, 31, heads the human team. He spends 150 days a year on the road overseeing Main Street ­Renewal’s operations from Atlanta to Denver, searching for “sweet spot” neighborhoods that combine affordable rents with a strong middle-income employment base.

Farid Mheirs insight:

WHY IT MATTERS: AI and big data applied to home improvement and renovation.

Jianda Jx's curator insight, July 12, 2019 6:18 AM
plastic extruder manufacturer
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A technology blueprint for personalization at scale highlights the crucial role of data centralization and management via @McKinsey

A technology blueprint for personalization at scale highlights the crucial role of data centralization and management via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

The technology to unlock the value of personalization at scale is readily available, and you may be surprised how much of it you already have in place. You don’t need to tackle everything at once. Develop a road map with regular stage gates to evaluate platform progress based on the trade-off between value at stake and ease of implementation. Identify and prioritize quick wins that make it easy for the organization to continue funding the transformation.

Farid Mheirs insight:

WHY IT MATTERS: personalization of products and services requires 3 key ingredients that are data-driven: customer database, identity management and data management.

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