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Kimberly-Clark’s Digital Technology global leadership team and India GDTC team in Bengaluru. Pic:PR Newswire Insights Kimberly-Clark’s Bengaluru Global Digital Technology Center (GDTC) has grown eightfold since 2018, driving advancements in AI, ML, and digital innovation. Key achievements include AI-powered platforms like Maestro, saving $20 million globally, and Procuree 3.0, enhancing procurement. GDTC fosters talent, collaboration, and innovation, shaping Kimberly-Clark’s digital future. Kimberly-Clark, a global leader in essential personal and family care products, continues to increase its commitment to India through its Global Digital Technology Center (GDTC) in Bengaluru. Established in 2018 with an initial investment of $2.5 million, the Bengaluru GDTC has seen remarkable growth, expanding its size by eight times in just five years. The center focuses on key areas and digital capabilities such as Data and Analytics, Artificial Intelligence (AI) including Generative AI, Machine Learning (ML), Cloud Transformation, Global Digital Operations & Automation, Digital Sales and Marketing, and Digital Supply Chain – all of which help drive efficiencies and improve customer experiences. Over the next three years, the GDTC plans to continue its expansion, focusing on advancing AI/ML capabilities and developing innovative digital solutions to boost operational efficiency and customer engagement. These capabilities further enhance Kimberly-Clark’s ability […]

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Dublin, Dec. 30, 2024 (GLOBE NEWSWIRE) — The "Two-Wheeler Insurance Market Report and Forecast 2024-2032" report has been added to ResearchAndMarkets.com’s offering. Two-wheeler insurance market size reached a value of USD 115.30 billion in 2023. Aided by the increasing sales of two-wheelers and the growing need for financial protection against potential risks, the market is projected to further grow at a CAGR of 7.1% between 2024 and 2032 to reach a value of USD 214.04 billion by 2032. Two-wheeler insurance provides financial protection against physical damage and bodily injuries resulting from traffic collisions, theft, and other liabilities. This insurance is crucial for motorcycle and scooter owners, offering coverage for third-party liabilities and comprehensive protection for the insured vehicle. The policies typically cover various types of risks, including accidents, natural disasters, and theft, ensuring the financial security of two-wheeler owners. The increasing sales of two-wheelers, driven by their affordability, fuel efficiency, and convenience in navigating urban traffic, are propelling the global two-wheeler insurance market growth. With the rising number of two-wheeler owners, there has been a significant surge in the demand for insurance policies to safeguard against potential risks. Additionally, the growing awareness of the importance of insurance coverage and […]

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Business Kenvue India’s HR head shares tips on creating a more agile, supportive, and inclusive work environment for a future-ready workforce. To navigate a rapidly evolving workplace landscape, Shipra Saraf, HR Head, India at Kenvue , suggests prioritise embracing digital transformation and HR technology, enhancing employee experience and well-being, and Diversity, Equity, and Inclusion (DEI) in 2025. Shipra says that by focusing on these priorities, HR leaders will be better equipped to create a more agile, supportive, and inclusive work environment for a future-ready workforce. Here are the top three focus areas for HR leaders suggested by Kenvue India’s HR head: Also Read: HR 2.0 – Future proofing strategies in the age of digital transformation 1. Embracing Digital Transformation and HR Technology Automation and AI Integration: Shipra suggests that HR leaders will prioritise integrating advanced technologies like artificial intelligence (AI) and machine learning to streamline HR processes. Investing in state-of-the-art HRMS and other digital tools to automate repetitive tasks, and improve efficiency and employee experience will be essential. Data-Driven Decision Making: Leveraging data analytics to gain insights into the workforce and make informed decisions will be crucial. Skill Development: Ensuring HR teams stay updated with the latest technological tools […]

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Lee Soon-ho, president of the Korea Securities Depository, noted in his New Year’s speech on the 2nd that the management goal for this year is to create customer value through ‘strengthening core financial infrastructure competitiveness’ and stated, "We will concentrate our capabilities across the organization for the successful establishment of the next-generation system." The Korea Securities Depository announces on Nov. 5 that it holds a commemorative event and conference under the theme ‘Digital Innovation and the Future of CSD*’ to celebrate its 50th anniversary. Lee Soon-ho, the president of the Korea Securities Depository, is delivering a congratulatory speech. /Courtesy of Yonhap News He said, "Despite challenging domestic and international conditions last year, our depositary institution made every effort for the stability and development of the Korean financial market and achieved significant results for the next 50 years," adding, "I would like to express my deep gratitude to all employees for fulfilling their roles and responsibilities in their respective positions to achieve these results." He further stated regarding this year’s management direction, "With rising economic uncertainty and the emergence of innovative financial products, our business is facing significant challenges, and this year is a time to make concrete movements toward […]

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In the current pharmaceutical manufacturing environment, linking information technology (IT) with operational technology (OT) systems is increasingly vital. This integration enables a seamless exchange of information between these two historically separate domains – one focused on data management and the other on overseeing physical operations. This enables various aspects of the manufacturing process to gain insights from one another to boost efficiency and refine strategic decision-making. Digital transformation is essential for directing companies through the complexities of implementation and ensuring a seamless shift to a data-driven, digitally optimised manufacturing landscape. Singapore has been viewed as a global hub in Asia for many years, and has strived to stay ahead of the curve when it comes to technology adoption. The city-state has undergone continued transformation, emerging as a global hub for digital manufacturing, notably in the pharmaceutical industry. This evolution into a formidable pharmaceutical manufacturing powerhouse is characterised by a remarkable growth trajectory driven by substantial investments from international leaders and innovative local enterprises. The market is poised to reach SG$2.2 billion ($1.7 billion) by 2026, reflecting the resounding success of governmental initiatives, notably the establishment of the Biopolis research hub and the Experimental Drug Development Centre (EDDC). Prominent global […]

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Yoon Pung-young, President of SK C&C / Courtesy of SK C&C On the 2nd, Yoon Poong-young, CEO of SK C&C, stated in his New Year’s address, "Let’s make this year the starting point for customer digital transformation and business growth through artificial intelligence (AI)-based IT services." He also emphasized, "In the customer digital transformation journey that progresses through informatization (IT), digital transformation (DT), and AI transformation (AT), we must explore the latest technologies and assist in the customers’ business innovations." He noted, "DT and AT cannot be realized without a proper IT backbone and efficient operations." He urged, "To this end, we need to continuously pursue a shift centered around ‘Multi-Skill Set,’ operational and quality-related ‘Back to Basic’ improvement activities, and develop into a company with a solid business foundation."

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Pioneering Cloud Storage Innovation: Srinivasan Jayaraman’s Leadership In Autodesk’s Digital Transformation | File Photo It was in the early, critical days of cloud computing adoption that Srinivasan Jayaraman stepped forward as one of the key architects for the transformation of Autodesk from a desktop-centric company to an industry leader in cloud-first innovation. As Principal Engineer, he led the development and management of a revolutionary cloud storage service that became the pivotal moment in the company’s evolution, setting new standards for reliability and scalability in cloud-based design solutions. Srinivasan Jayaraman had to come up with the task of making an elastic cloud storage system which can manage millions of daily requests with non-latent accessibility to millions of users globally. It will become the central support structure of Autodesk’s cloud, carrying on some critical work processes for AEC which is so susceptible that if there was some kind of downtime on their system, huge delays could cause heavy losses on a project basis. "The stakes were extraordinarily high," says Srinivasan Jayaraman, who had the responsibility of making sure the system was reliable. "We weren’t just building a storage service; we were building the bedrock for Autodesk’s entire cloud-first strategy. Any system […]

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Photo: ©PITER2121 – STOCK.ADOBE.COM CHICAGO — Snacks and confections giant Mondelez International has tapped Amazon Web Services (AWS), Amazon’s infrastructure technology subsidiary, as its primary provider of cloud computing services. Chicago-based Mondelez said the partnership will spur digital innovation across the company, with the AWS cloud infrastructure and services bringing more security, agility, cost efficiency and reliability to operations. The transition to AWS also is expected to bolster Mondelez’s artificial intelligence (AI) capabilities and enterprise resource planning (ERP) system, now being migrated to the SAP RISE platform powered by AWS. So far, Mondelez said it has “already migrated hundreds of workloads” to the AWS cloud platform. “A key focus of our growth strategy is our digital transformation,” said Kostas Georgakopoulos, chief technology officer and chief information security officer at Mondelez. “AWS is a strategic partner complementing our own internal cloud platform engineering capabilities to lead digital transformation across the enterprise.” The shift to AWS will accelerate the move to the SAP RISE ERP platform, which is expected to deliver improved performance, reliability, resiliency, security and AI functionality for business systems and insights, according to Mondelez. In July, Mondelez’s board of directors approved $1.2 billion in funding for a multi-year […]

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Dublin, Jan. 02, 2025 (GLOBE NEWSWIRE) — The "United States Enterprise Resource Planning Market, By Region, Competition Forecast & Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com’s offering. The United States Enterprise Resource Planning Market was valued at USD 14.62 Billion in 2023, and is expected to reach USD 18.14 Billion by 2029, rising at a CAGR of 3.51%. The United States Enterprise Resource Planning (ERP) market is experiencing robust growth driven by digital transformation, increasing competition, and the need for operational efficiency among businesses. In 2023, the market was valued significantly, and projections indicate continued expansion as organizations increasingly adopt integrated software solutions to manage various business processes. Key factors contributing to this growth include the rising demand for real-time data analytics, improved decision-making capabilities, and the need for streamlined operations across departments. The shift towards cloud-based ERP solutions is particularly notable, as businesses seek to leverage the scalability, flexibility, and cost-effectiveness that cloud computing offers. Companies are moving away from traditional on-premises solutions, preferring subscription models that reduce upfront costs and allow for easier updates and maintenance. This trend has been accelerated by the COVID-19 pandemic, which necessitated remote work and highlighted the importance of accessible and […]

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ISTANBUL Türk Telekom launched the 5G Smart Agriculture Project in the province of Çorum, enabling digital transformation and modernization in the agricultural sector. As part of the project, in collaboration with ZTE, advanced technologies such as drones and smart agricultural machinery were integrated into the pilot 5G network established in the region, the telecom giant said in a statement. Utilizing the high-speed and low-latency features of 5G, tasks like automated spraying, fertilization, and precision irrigation were successfully executed, it explained. The project aims to modernize agricultural practices, digitalize operations, and drive innovation in the local agriculture sector by harnessing the high-speed and low-latency capabilities of 5G technology. “Through this pioneering project, we are not only strengthening our technological capabilities but also making significant strides toward sustainability, which lies at the core of our business goals,” said Zafer Orhan, Türk Telekom Assistant General Manager of Network. The precision and data-driven capabilities enabled by 5G will address the challenges of modern agriculture, enhance productivity, and support sustainable growth, Orhan noted. This strategic collaboration between Türk Telekom and ZTE marks a new milestone in Türkiye ‘s digital transformation, leveraging advanced 5G features such as ultra-low latency and high reliability, commented Aiguang Peng, […]

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