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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State of Digital Media 2019 highl;ights the importance of a #CDP to unify customer data in a single location via @LUMAPartners

State of Digital Media 2019 highl;ights the importance of a #CDP to unify customer data in a single location via @LUMAPartners | WHY IT MATTERS: Digital Transformation | Scoop.it

LUMA is the leading investment bank focused on digital media and marketing. We provide strategic advice, proven M&A expertise, and extensive industry knowledge to optimize outcomes for our clients.

Farid Mheirs insight:

WHY IT MATTERS: a clever overview of the digital media world that highlights the importance of digital technology and in particular of unified customer data to break down silos. Very true indeed!

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How journalists investigations leverage #digital #technology highlights an important task of #DigitalTransformation projects: most of the work requires converting paper records to digital - this is...

How journalists investigations leverage #digital #technology highlights an important task of #DigitalTransformation projects: most of the work requires converting paper records to digital - this is... | WHY IT MATTERS: Digital Transformation | Scoop.it

New York City did not have reliable digital data on medallion sales, so I used paper records to build a database of all the 10,888 sales between 1995 and 2018. The city taxi commission had never analyzed the financial records submitted by medallion buyers, so I did. Nobody knew how many medallion owners had gone bankrupt because of the crisis, so I convinced my boss to pay a technology company, Epiq, to create a program that sped through court records and spat out a tentative list — and then two news assistants helped me verify every result.

Farid Mheirs insight:

WHY IT MATTERS: digital transformation project always sound great until you start planning the work to be done. Then you realize how old computer systems are, how bad databases and their information really is, and often how much work there is to digitize the data that you need. Sometimes you are lucky, the data is already in digital format, in a file or an excel spreadsheet somewhere (most probably not one but many). But often you have to create it yourself. Armies of content creators work for months to create the texts in your typical corporate website. Months are spend shooting pictures (and now videos) or products in elaborate digital studios (one of the primary cost of eCommerce setup and operations). Then, often, you have to create the pipeline to carry this new digital content from the source (say the photo studio) to the website, which requires custom software and scripts.

*THIS* is where digital projects often ail or bust their deadlines and budgets. Now, consider yourself warned for your next project! ;-)

David Corbett's curator insight, June 1, 2019 9:42 AM
abc
RPA Tools's curator insight, June 2, 2019 12:02 PM

Why does RPA even matter?

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Inside Russia’s Creepy, Innovative Internet and other #video stories on #digital via @valleyhack @bloomberg

Inside Russia’s Creepy, Innovative Internet and other #video stories on #digital via @valleyhack @bloomberg | WHY IT MATTERS: Digital Transformation | Scoop.it
For the past five years, Russia’s been building walls around its web and packing it with tech oligarchs, startup cities, face-finding algorithms, hacker hunters, and, of course, a few bears.
Farid Mheirs insight:

Hello World is an amazing series of video reports on digital transformations and Internet and technology. I find this episode on Russia of particular interest regarding privacy - or the loss of privacy. Must listen.

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Facebook DID influence the #Elections via @Mike_K_Spencer

Facebook DID influence the #Elections via @Mike_K_Spencer | WHY IT MATTERS: Digital Transformation | Scoop.it

It's hard to imagine, just twelve years ago, that the media would have been reduced to Facebook, degenerated into what we have today.

Farid Mheirs insight:

An interesting overview of the impact that social media, Facebook in particular may have had in the elections. Not sure if that is the case but for sure the world of media has evolved tremendously.

SofiJukeMari's curator insight, November 13, 2016 1:52 PM
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The foundations of Data Science: example of new book publishing using GitBook

The foundations of Data Science: example of new book publishing using GitBook | WHY IT MATTERS: Digital Transformation | Scoop.it
The Foundations of Data Science
Farid Mheirs insight:

I found this book reference on GitBook. It is the textbook for the class at UC Berkeley and provides not only great content for anyone interested in Data Science (visualization, prediction, etc.) but also for anyone interested in self publication. 

 

GitBook is similar to GitHub, the open source software code repository that pretty much everyone in the industry is using. It provides not only the technology to create and publish a book online or as an ebook but also the social network and collaboration features you'd expect in today's world. Book content can be consolidated from multiple authors, versioned and commented by a network of colleagues or clients.

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Popcorn Time delivers free video content on a pretty interface without making you feel shady

Popcorn Time delivers free video content on a pretty interface without making you feel shady | WHY IT MATTERS: Digital Transformation | Scoop.it
It's free, it could be legal, and the people who build it aren't in it for the money.
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Barry Diller’s Aereo Service Challenges Cable Television

Barry Diller’s Aereo Service Challenges Cable Television | WHY IT MATTERS: Digital Transformation | Scoop.it
Aereo, a start-up backed by Barry Diller that captures broadcast signals to be streamed online, is sowing chaos in the cable television business.


Aereo is what has been called a loophole start-up because it is structured to comply with regulations even as it disrupts the current model. The company was started by Chet Kanojia, a Boston technologist and entrepreneur, and became operational in New York last year. It is built on a relatively ancient technology, with coin-size antennas assigned to each person in the coverage area who signs up for the service. Customers can then use an Internet connection to stream any program from broadcast stations, or have them stored by Aereo for later streaming.

Farid Mheirs insight:

Not sure that this new service will transform the broadcast industry but it certainly makes you think about it. Grab over-the-air signals that are available everywhere and broadcast them - freely - over the Internet without paying dues or fees. Sounds like cheating but hey, if it is *possible* at some time someone will do it.


That is why I consider this more a digitization than a transformation of broadcast: digitize the signal to whatch it on your ipad. The first step. True transformation of broadcast comes when you do things like tivo or better netflix, when you can elect to watch what you want when you want, whether it is broadcast or recorded or movies.

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Digital Transformation In Media and Entertainment Gives Rise to Streamlined Business Processes

Digital Transformation In Media and Entertainment Gives Rise to Streamlined Business Processes | WHY IT MATTERS: Digital Transformation | Scoop.it
dramatic shifts in the media and entertainment industry including the way content is produced, shared and monetized.
Farid Mheirs insight:

A true digital transformation: digitization, then optimization followed by transformation. Media industry is at the fore-front because its products can be so easily digitized today: music are videos are now consumed digitally for the most part - no more CDs, DVDs, VHS, etc. They pave the way for what will happen more slowly in other industries.

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