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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The Haier Road to Growth: leverage #digital and #crowdsourcing

The Haier Road to Growth: leverage #digital and #crowdsourcing | WHY IT MATTERS: Digital Transformation | Scoop.it
Customers always come first for this Chinese appliance maker — even as it continually reinvents itself and expands around the world.
Farid Mheir's insight:

Haier is a Chinese consumer product manufacturer - products like air conditioners. They have taken the digital approach wherever they could for example, leveraging crowdsourcing to design new products. And it works.

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The Internet of Things and the Digital Transformation of Industry

The Internet of Things and the Digital Transformation of Industry | WHY IT MATTERS: Digital Transformation | Scoop.it
COPENHAGEN -- The Digital Age has brought with it a new way of thinking about manufacturing and operations, and the Internet of Things, which connects devices to the Web and to each other, will change the way we communicate and do business.
Farid Mheir's insight:

Industrial production has been slower to embrace digital transformation. This appears to be about to change with the arrival of internet connected sensors - the internet of things. Couple that with 3D printers, virtual reality, and robots, it will create new opportunities for cost reductions and operational improvements when the data captured by all these IoT will be analyzed in real-time by intelligent algorithms using Big Data analysis and machine learning tools and solutions.


Many expect an industrial revolution to come out of these new technologies.

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Digitizing the value chain: only 13% of organizations are ready to compete via @McKinsey

Digitizing the value chain: only 13% of organizations are ready to compete via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it
While 80 percent of the respondents consider digital manufacturing and design to be a critical driver of competitiveness, only 13 percent rate their organizations’ digital capability as “high” (exhibit). And even among those leaders, many believe that their firms and their industries currently lack necessary standards, data-sharing, and cybersecurity capabilities.
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The Chairless Chair, an invisible chair that you can wear

The Chairless Chair, an invisible chair that you can wear | WHY IT MATTERS: Digital Transformation | Scoop.it
It's like a chair that isn't there, but magically appears whenever you need it.
Farid Mheir's insight:

I wrote about exoskeleton earlier this month http://sco.lt/8z0b1l but this invention makes me think of them in a whole new light where they not only decouple your forces but also allow you to stay still for a long time. Here they claim the skeleton can keep its position for 24 hours on a 6V battery.


APPSeCONNECT's curator insight, September 15, 2014 2:54 AM

Really a great invention..:)

Gemma Milne's curator insight, September 15, 2014 4:47 PM

Unbelievable! Why hadn't this been thought of before..?

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Robotic suit gives shipyard workers super strength - health via New Scientist

Robotic suit gives shipyard workers super strength - health via New Scientist | WHY IT MATTERS: Digital Transformation | Scoop.it
Workers building the world's biggest ships could soon don robotic exoskeletons to lug around 100-kilogram hunks of metal as if they're nothing
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3D-printed ultrasound cast could save us costly surgeries via @ars

3D-printed ultrasound cast could save us costly surgeries via @ars | WHY IT MATTERS: Digital Transformation | Scoop.it
And make healing a more beautiful and patient-friendly experience.
Farid Mheir's insight:
A great example of digital transformation using 3d printers.
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GE unwraps 'Industrial Internet': M2M for planes, trains, manufacturing via @ZDNet

GE unwraps 'Industrial Internet': M2M for planes, trains, manufacturing via @ZDNet | WHY IT MATTERS: Digital Transformation | Scoop.it
At its "Minds and Machines" conference in San Francisco, GE announced new "Industrial Internet" technologies for airlines, railroads, hospitals, manufacturing and energy companies.
Farid Mheir's insight:

The post dates back a little bit but GE continues to focus on this new field they call industrial internet.


Useful data tidbit: a single airplane jet engine captures 5000 data points every second and generates GB of data on every flight. The impact of proper analysis of this data can result in tremendous savons and improvements. For example, a 1% improvement in efficiency in a gas turbine, over 15 years, results 66B in savings! 


GE's challenge is not to capture this data (they do already) but it is to analyze it. IDC estimates that only 0.5% of the world's data is being analyzed. New tools and techniques related to BigData (hadoop, noSQL, etc.) can provide some answers.


Additional reading:

Just 0.5% of the Worlds Massive Trove of Online Data is Being Analyzed via @IDC http://sco.lt/8LRfhR


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Hacker Shows How To Attack An Airplane's Systems--Using A Phone

Hacker Shows How To Attack An Airplane's Systems--Using A Phone | WHY IT MATTERS: Digital Transformation | Scoop.it
Weak aircraft security systems seem vulnerable to mobile hacks.
Farid Mheir's insight:
At hacking conferences, hacks have been demonstrated that are specific to attacking and hijacking planes. It leverages communication systems between the plane and the control tower, but also within the plane itself. The solutions require an industry consensus but manufacturers will have to be ready to provide security and updates that are more akin to managing software than building wings and landing gears. To an enterprise architect like I am, it raises questions about software updates on planes, remote monitoring, enhanced security, etc. and the coordination of IT within the engineering process.
Hacker uses an Android to remotely attack and hijack an airplane (2013)
Hacker + Airplanes = No Good Can Come Of This (2012)
DEFCON 2012 video (long, 1hr, but worth listening as it explains the concepts quite well)
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Digital tools can help manufacturing companies cut costs by 30% and bring additional benefits via @capgemini

Digital tools can help manufacturing companies cut costs by 30% and bring additional benefits via @capgemini | WHY IT MATTERS: Digital Transformation | Scoop.it

Digital Tools Can Help Manufacturing Companies Cut Costs by 30%

Manufacturing companies have historically had an on-off relation with technology. Most have aggressively adopted traditional technologies such as Enterprise Resource Planning (ERP). However, they have been slow in adopting recent digital technologies such as big data analytics, real-time order confirmation, Web-EDI among others. Moreover, most have adopted technologies to varying extent creating a connectivity gap in their operations. We believe digital technologies will help manufacturing companies in eliminating this gap. Our research and project experience indicate that by adopting digital tools, manufacturing companies can cut costs by as much as 30% by enabling savings on capital costs, labor field force among other key cost elements.

Farid Mheir's insight:

Not often do we get insights into measurable benefits that digital tranformation can bring to manufacturing industry. This paper by capgemini highlights those benefits and provides guidance on what it means to have a 100% digital manufacturing, from supply chain to field service.

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Fab Launches First Retail Store, Design-Your-Own Furniture via @mashable

Fab Launches First Retail Store, Design-Your-Own Furniture via @mashable | WHY IT MATTERS: Digital Transformation | Scoop.it
Fab is launching its first retail store and new merchandise, aiming to become the world's larget design store.
Farid Mheir's insight:

Interesting how digital transformation goes right into manufacturing, in one-to-one production of customized goods. This goes along with the 3D printer movement where corporations change not only how they sell but what they sell as well.

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