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WHY IT MATTERS: Digital Transformation
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Curated by
Farid Mheir
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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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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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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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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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Curated by Farid Mheir
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WHY IT MATTERS: everyone asks how they change do digital transformation. For one thing, setting up an independent lab can be a good place to start.