WHY IT MATTERS: Digital Transformation
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Gartner quadrant on digital commerce highlights 17 out of 140 solutions (!) it tracks & continues to position legacy solutions as leaders (SAP, SFDC) #eCommerce #retailTech

Gartner quadrant on digital commerce highlights 17 out of 140 solutions (!) it tracks & continues to position legacy solutions as leaders (SAP, SFDC) #eCommerce #retailTech | WHY IT MATTERS: Digital Transformation | Scoop.it

Investments in digital commerce continue to grow as companies adapt to new business models and sales processes prompted by the COVID-19 pandemic. This research evaluates the viability of 17 digital commerce platform vendors to help application leaders make informed decisions.

Farid Mheir's insight:

WHY IT MATTERS: eCommerce growth continues, especially regarding B2B (see market overview, as usual it contains good insights). I always question the tool selection (17 over 140 solution gartner says it tracks) so read with huge grain of salt. Legacy solutions with serious technical limitations show up in leader quadrant (sap, salesforce), and niche solutions are positioned because I assume they have market penetration. So use other sources when selecting eCommerce solution but questions vendors in the quadrant on the PROs and CONs gartner highlights.

WHY IT MATTERS: Digital Transformation
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Tech trends from @Bain&Company posits that #Technology Is Reshaping the Global Economy

Tech trends from @Bain&Company posits that #Technology Is Reshaping the Global Economy | WHY IT MATTERS: Digital Transformation | Scoop.it

Technology has emerged as the primary disruptor and value creator across all sectors.

Farid Mheir's insight:

WHY IT MATTERS: this tech trends is different than other "lists" in that it analyses a number of topics and provides useful data trends to understand the issues. Well done and very useful. I highlight the change in buying behaviour in the chart I extracted (buyers know what they want more than in the past but sellers have yet to adapt to this new normal) - but I guarantee the report has a bunch more. 

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Gartner Releases 2021 Hype Cycle for Digital Marketing

Gartner Releases 2021 Hype Cycle for Digital Marketing | WHY IT MATTERS: Digital Transformation | Scoop.it

Gartner have released their Hype Cycle for Digital Marketing, 2021 edition and here we will break down the key takeaways

Farid Mheir's insight:

WHY IT MATTERS: marketing has become a technology hot bed which warrants a hype cycle. Wow.

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Expected 2030 in-store journey: What Retail Could Look Like In 2030

Expected 2030 in-store journey: What Retail Could Look Like In 2030 | WHY IT MATTERS: Digital Transformation | Scoop.it

With new tech-enabled features, the store of the future will be able to provide a more frictionless and personalized experience that meaningfully engages shoppers. The following infographic visualizes the expected 2030 in-store journey for a customer named Rachel. Here are some of the technologies and innovations that will impact each step of her shopping experience.

Farid Mheir's insight:

WHY IT MATTERS: 2 of 2 interesting visualizations in this short post - unfortunately the full report is for members only ;-(

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The Store Of The Future: What Retail Could Look Like In 2030

The Store Of The Future: What Retail Could Look Like In 2030 | WHY IT MATTERS: Digital Transformation | Scoop.it

From shopper emotion detection to in-store robotic warehouses, we highlight the technologies and trends bringing retail stores into the future.

Farid Mheir's insight:

WHY IT MATTERS: 1 of 2 interesting visualizations in this short post - unfortunately the full report is for members only ;-(

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Why are hyperlinks blue? #weekendRead HT @competia

Why are hyperlinks blue? #weekendRead HT @competia | WHY IT MATTERS: Digital Transformation | Scoop.it

The internet has ingrained itself into every aspect of our lives, but there’s one aspect of the digital world that I bet you take for granted. Did you ever notice that many links, specifically hyperlinks, are blue?

Farid Mheir's insight:

WHY IT MATTERS: we've come to assume hyperlink on the web are blue but where does this come from. The answer will not surprise old geeks like me but the post is an interesting history of hypertext and the creation of the web as we know it today.

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5 #retail books to read by @HBR

5 #retail books to read by @HBR | WHY IT MATTERS: Digital Transformation | Scoop.it

Did Covid-19 destroy in-store shopping? Can retailers revitalize the brick-and-mortar experience to lure customers back to physical locations? The books explore lessons learned during the pandemic to demonstrate how successful stores and brands are tackling these challenges.

Farid Mheir's insight:

WHY IT MATTERS: book on retail suggested by HBR

Retail Recovery: How Creative Retailers Are Winning in Their Post-Apocalyptic World

-  Resurrecting Retail: The Future of Business in a Post-Pandemic World

The Brains and Brawn Company: How Leading Organizations Blend the Best of Digital and Physical

-  Remarkable Retail: How to Win and Keep Customers in the Age of Disruption

Arriving Today: From Factory to Front Door

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IDC "quadrant" for communication and messaging cloud platform offers review of key solutions #CPaaS

The CPaaS segment has progressed beyond the provision of a few voice and messaging APIs. Developers and enterprises demand a high level of reliability for phone numbers and messaging delivery, as well as vertical use case templates and tools for rapid onboarding and deployment.

 

Key attributes enterprises should consider when seeking a CPaaS provider:

  • Carrier-grade network infrastructure
  • Demonstrable use cases
  • Software integrations
  • Ancillary services
Farid Mheir's insight:

WHY IT MATTERS: messaging solutions are evolving rapidly and this review highlights key solutions.

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Gartner quadrant on digital commerce highlights 17 out of 140 solutions (!) it tracks & continues to position legacy solutions as leaders (SAP, SFDC) #eCommerce #retailTech

Gartner quadrant on digital commerce highlights 17 out of 140 solutions (!) it tracks & continues to position legacy solutions as leaders (SAP, SFDC) #eCommerce #retailTech | WHY IT MATTERS: Digital Transformation | Scoop.it

Investments in digital commerce continue to grow as companies adapt to new business models and sales processes prompted by the COVID-19 pandemic. This research evaluates the viability of 17 digital commerce platform vendors to help application leaders make informed decisions.

Farid Mheir's insight:

WHY IT MATTERS: eCommerce growth continues, especially regarding B2B (see market overview, as usual it contains good insights). I always question the tool selection (17 over 140 solution gartner says it tracks) so read with huge grain of salt. Legacy solutions with serious technical limitations show up in leader quadrant (sap, salesforce), and niche solutions are positioned because I assume they have market penetration. So use other sources when selecting eCommerce solution but questions vendors in the quadrant on the PROs and CONs gartner highlights.

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Understand How To Choose Vendors Within The New Rules of #eCommerce using @Forrester FIRE framework

Understand How To Choose Vendors Within The New Rules of #eCommerce using @Forrester FIRE framework | WHY IT MATTERS: Digital Transformation | Scoop.it

This report answers questions about navigating vendor and tech selection and internal change management to use commerce technologies for efficiency, agility, and growth.

Farid Mheir's insight:

WHY IT MATTERS: an interesting guide to help select the right tools and solutions in a world of rapidly evolving solutions.

RAAS1's comment, September 5, 4:13 PM
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The future of the $1.5 trillion #wellness market via @McKinsey

The future of the $1.5 trillion #wellness market via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

The shift to digital channels is happening at the speed of “a decade in days.” Our research suggests that the change will be sticky: a majority of consumer categories will continue to project more growth in e-commerce than in other channels over the next several years.

Farid Mheir's insight:

WHY IT MATTERS: digital impacts all industries including those are more dependant on "relations" like wellness.

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60 patterns to tackle common #AI challenges by @SmarterPatterns

60 patterns to tackle common #AI challenges by @SmarterPatterns | WHY IT MATTERS: Digital Transformation | Scoop.it

A collection of interaction patterns that provide solutions for common AI challenges.

Farid Mheir's insight:

WHY IT MATTERS: interesting to see what are the building blocks of AI solutions. A reference to keep.

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Amazon anti-matter: How Primark makes money selling $3.50 T-shirts #slowFashion #noEcommerce #onlyPhysicalStores via @TheEconomist

Amazon anti-matter: How Primark makes money selling $3.50 T-shirts #slowFashion #noEcommerce #onlyPhysicalStores via @TheEconomist | WHY IT MATTERS: Digital Transformation | Scoop.it

Where Primark has strayed furthest from the fashion pack is in its refusal to sell anything online, which it sees as unfeasible at its price points. That has kept margins plump as the company avoided a wodge of spending on developing apps and fulfilment capabilities. The lack of an online presence meant that Primark lost up to 100% of sales as the pandemic shut shops around the world. Extended closures, especially in Britain, home to about half of its 380 outlets, cost it £3bn in sales and perhaps £1bn in profit.

Farid Mheir's insight:

WHY IT MATTERS: much interesting short read from TheEconomist about Primark which sells dirt cheap apparel at rock bottom prices without any eCommerce and relying exclusively on physical store. The inverse of Amazon!

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Adopt a Composable DXP Strategy to Future-Proof Your Tech Stack says @Gartner

Adopt a Composable DXP Strategy to Future-Proof Your Tech Stack says @Gartner | WHY IT MATTERS: Digital Transformation | Scoop.it

Application leaders can not meet market needs or business objectives with monolithic digital experience platforms and must update tech stacks, decompose monoliths and deliver task-oriented capabilities. To future-proof the stack, a composable DXP must be used to deliver composable user experiences.

Farid Mheir's insight:

WHY IT MATTERS: composable DXP is pretty much gartner branding for headless and microservice, the big trend today. The report is a good intro to this kind of solution architecture.

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Gartner Magic Quadrant for #Cloud #ERP for Product-Centric Enterprises highlights an important fact: as technology matures the solutions tend to specialize per industry - when will this happen with...

Gartner Magic Quadrant for #Cloud #ERP for Product-Centric Enterprises highlights an important fact: as technology matures the solutions tend to specialize per industry - when will this happen with... | WHY IT MATTERS: Digital Transformation | Scoop.it

The ERP for product-centric enterprises market is accelerating its transition to cloud deployment models. ERP application leaders should use this Magic Quadrant to evaluate cloud ERP application suites as part of a composable ERP strategy.

Farid Mheir's insight:

WHY IT MATTERS: interesting to see that software solutions that reach maturity - such as ERPs - have a tendency to specialize. This quadrant highlights leaders in a specific market (product centric enterprises). I wonder when we will start to see the same with eCommerce... Not that specialized solutions don't exist but that the industry remains so immature that companies are in their first or second versions of eCommerce and thus gravitate to generalist solutions like shopify, magento, etc.

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Outstanding study on #IA market in Montreal via @TechnoCompetence provides key stats + detailed description of 19 roles | WHY IT MATTERS: Digital Transformation | Scoop.it

Dans ce profil, vous trouverez :

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  6. Une répartition industrielle des métiers de l’intelligence numérique
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  8. L’ensemble de nos données sur l’utilisation des outils numériques, sous la forme de matrices Emploi/Outils numériques et technologies, en annexe du document.
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Announcing the Architecture for Extreme-Scale #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

Cerebras unveiled the world’s first multi-million core AI cluster architecture! Our unique technology handles neural networks with up to an astonishing 120 trillion parameters. That’s approximately the number of synapses in the human brain! Today, to run models at only a fraction of that size, clusters of graphics processors consume acres of space, megawatts of power, and require dedicated teams to operate. We can fix that.

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At Warby Parker, we are customer-first and channel-agnostic. We aim to meet the customer wherever and whenever they want to shop, whether that’s online, in store, or even at home. Glasses are an incredibly personal accessory; as customers look toward purchasing their next pair, we find that there is significant interplay across online and offline channels—browsing online might lead to a visit in one of our more than 145 stores and end with a purchase via our e-commerce app.
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7 part series on #MarTech Reference Architecture | WHY IT MATTERS: Digital Transformation | Scoop.it

This reference architecture, a key piece of Credera’s end-to-end MarTech assessment and enablement framework, provides a logical view of the data, processes, and technology needed to enable one-to-one marketing use cases. Put more simply, we use the reference architecture as a tool to explain the building blocks that are required to enable modern, data-driven marketing.

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You Need A Martech Reference Model says Forrester and proposes its own version #martech | WHY IT MATTERS: Digital Transformation | Scoop.it

The martech reference model defines a taxonomy based on a common understanding of customer-centric business needs, requisite capabilities, and the recommended technology components.

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80% of US households have on avg 1.7 #membership programs and 64% of HH have Amazon PRIME via @Activate

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Scoop.it!

Disruption Index from @AlixPartners with a focus on #retail

Disruption Index from @AlixPartners with a focus on #retail | WHY IT MATTERS: Digital Transformation | Scoop.it

Based on a survey of 3,000 senior executives around the globe, the 2021 AlixPartners Disruption Index confirms that cycles of disruption, which displace existing businesses, markets, and value networks in favor of newer ecosystems and relationships, have emerged as the central strategic challenge for business leaders today.

Farid Mheir's insight:

WHY IT MATTERS:  a detailed report on disruption elements in a number of industries, including Retail and Finance which are most affected.

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Curated by Farid Mheir
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