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Rockwell Automation, an industrial automation and digital transformation specialist, has announced that it has been selected by Sumitomo Rubber Industries to support its digital transformation efforts across its plants around the world. Sumitomo Rubber is known for brands such as Dunlop and Falken. It will deploy Rockwell’s FactoryTalk ProductionCentre, a manufacturing execution system (MES) platform, as part of its strategy to integrate and standardize business and production data. It will be first deployed at the company’s Shirakawa plant in Fukushima Prefecture, Japan, and later to other plants after evaluation. Sumitomo is addressing business challenges , including cost increase and labor shortages, by implementing efficient production systems. The company aims to standardize production across its global sites, which handle high-mix, low-volume production. To enhance integration with its enterprise resource planning (ERP) system, Sumitomo Rubber chose Rockwell’s FactoryTalk ProductionCentre for its compatibility with existing systems and its specialized knowledge in tire manufacturing. “We believe leveraging Rockwell Automation’s expertise will enable us to standardize manufacturing management and enhance operational efficiency globally, driving our growth,” said Kenji Saito, executive officer and general manager of the tire manufacturing headquarters at Sumitomo Rubber Industries. “We are pleased to support Sumitomo Rubber by integrating our tire […]

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In This Article: StockStory Top Pick DDOG -4.28% We recently published a list of 10 AI Stocks Taking Wall Street by Storm . In this article, we are going to take a look at where atadog, Inc. (NASDAQ:DDOG) stands against other AI stocks taking Wall Street by storm. According to a recent Reuters report, the U.S. will empower tech giants to act as gatekeepers worldwide in its latest efforts to tighten its grip on global AI chip access. The move aims to effectively tighten restrictions, hindering China’s ability to acquire critical resources for developing its own AI capabilities. READ NOW: Top 10 AI News You Shouldn’t Miss and 10 AI Stocks Taking Wall Street by Storm The scheme, which could be released this month, would require the companies to comply with strict requirements. This involves reporting key information to the US government and blocking Chinese access to AI chips. According to sources, doing so will allow them to offer artificial intelligence capabilities within the cloud overseas without a license. While the government is keen on making tech giants gatekeepers, news reported by the Financial Times reveals how Blue Whale Capital investment fund has reduced its stakes in major US […]

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Refer to this guide What’s the story The world of personal loans in India has changed dramatically with the arrival of the digital revolution. This transition has streamlined the process, making it more convenient, quicker, and transparent – a win-win situation for both lenders and borrowers. The ability to apply for a loan without leaving your home, coupled with rapid disbursal times, has transformed how Indians perceive personal financing. Fintech revolution Rise of fintech companies The rise of fintech companies has revolutionized the landscape of personal loans in India. These digital-native companies use advanced technologies like artificial intelligence and machine learning to optimize loan approval processes, cutting approval times from days to mere minutes. By eliminating paperwork and using data-driven decision-making, fintech companies provide a hassle-free borrowing experience. Easy Apply Simplified application process The digital revolution has completely changed how you apply for a personal loan. Now, instead of dealing with physical paperwork, you can simply fill out an online form and upload documents directly from your smartphone or computer. This not only makes applying for a loan much easier but also means you can apply for a loan at any time of the day or night, not just […]

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You’re reading Entrepreneur India, an international franchise of Entrepreneur Media. Abhinavv Dubeyy, Founder & CEO, MBG Card MBG Card, a SaaS company specializing in affordable digital transformation solutions for small and medium enterprises (SMEs), has raised INR 2.72 crore in a funding round led by Inflection Point Ventures (IPV). Additional support came from Velocity Revenue Based Financing and Klub Revenue Based Financing. The funds will be allocated to bolstering marketing efforts, advancing product development, and expanding the team. Founded by Abhinavv Dubeyy, MBG Card empowers businesses to navigate the digital landscape effortlessly. Its platform enables non-tech-savvy SMEs to establish an online presence, manage customer reviews, and automate marketing and operations; all at a fraction of the cost of traditional solutions. "SMEs often enjoy the loyalty of regular local customers, however it is limited to that locality. It is a challenge to establish a presence beyond that. MBG card addresses this gap by bringing the businesses online, transforming them into a brand," said Mitesh Shah, co-founder of IPV. "We believe MBG’s expertise to empower businesses in today’s competitive landscape" Operating from Jabalpur, Madhya Pradesh, MBG Card serves a client base exceeding 10,000 businesses across India and internationally. The company’s tools […]

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A group of political parties presented the government a strategy to revamp its digital infrastructure, improving its functioning and accessibility. AI-generated image I am Laio, the AI-powered news editor for Innovation Origins. Under supervision, I select and present the most important and relevant news stories in innovation and technology. Currently, only 47% of Dutch government websites meet accessibility standards, with over 4 million citizens struggling to use them. Therefore, all parties of the House of Representatives are calling on the government to restructure its digital infrastructure and present a plan to do so. The urgency for digital transformation is highlighted by concerning statistics. Each year, the Dutch government loses approximately €4 to 5 billion on failed ICT projects. Only 30% of all digital projects succeed, with the success rate dropping to a mere 7% for large-scale initiatives, reports the NOS . The Belastingdienst (Dutch Tax Authority) spent 849 million euros on ICT in the previous year, primarily maintaining outdated systems. This technological lag has real consequences, as demonstrated when the tax authority couldn’t implement VAT reductions on fruits and vegetables due to obsolete systems. The new strategy, set for detailed action in spring 2025, includes the creation of a […]

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NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) — The global energy sector is undergoing an unprecedented wave of digital transformation in these years, with blockchain technology emerging as a pivotal enabler across industries. In the oil sector, particularly within oil transportation, addressing issues such as information asymmetry, low transaction efficiency, and security vulnerabilities has become critical. PipelineX, an innovative blockchain-based platform, leverages its technological strengths to propel the oil industry toward greater transparency, efficiency, and intelligence. Enhancing Transparency: Eliminating Data Scams via Blockchain Technology Transparency has long been a challenge in oil transportation. Traditional systems often rely on centralized data storage, resulting in delays, opacity, and susceptibility to data tampering. PipelineX employs blockchain technology to create a system where all transportation data is recorded in real-time and rendered immutable, enabling seamless traceability and verification of every transaction and shipment. The decentralized ledger characteristic of blockchain ensures open and transparent information sharing, with unauthorized modifications promptly detected and prevented. This mechanism bolsters trust across the oil supply chain and significantly enhances operational efficiency for industry stakeholders. Processes that previously depended on manual verification, such as transaction reconciliations, are now executed automatically through smart contracts, reducing errors and saving both time […]

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Ericsson has unveiled insights emphasising the growing impact of 5G on connectivity , user experiences, and digital innovation in the country. November 2024 Ericsson Mobility Report forecasts that, despite economic challenges, the growth trend of 5G will continue to rise, with global 5G subscriptions expected to reach 6.3 billion by 2030, accounting for 80% of mobile data traffic. In the Middle East and North Africa (MENA) region, 5G is projected to represent 60% of subscriptions by 2030, positioning Türkiye as a vital market poised to harness the full potential of 5G advancements . The latest ConsumerLab Report highlights consumer trends on how digital services are currently used, consumer perceptions of 5G, and factors that could enhance network experiences. It also reveals a growing appetite for differentiated connectivity, with 35% of global 5G users willing to pay a premium for guaranteed high-performance connectivity. This demand is fueled by the increasing adoption of Artificial Intelligence (AI)-driven applications, such as Generative AI, which is predicted to see weekly usage increase 2.5 times in the next five years. In Türkiye, these trends are expected to reshape digital experiences, from AI-powered apps to streaming, gaming, and mobile financial solutions. According to the ConsumerLab study, […]

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The bank aims to deliver a unified digital experience. Credit: simonizt/Shutterstock. Community Bank of Louisiana has collaborated with Q2 Holdings to enhance its digital banking experience. The bank aims to deliver a unified digital experience for its customers in Northwest Louisiana’s rural areas. Founded in 1901, Community Bank of Louisiana will leverage Q2’s digital banking platform to revamp the mobile banking experience. The move is intended enhance the mobile experience and make digital banking more robust and accessible. The bank will utilise Q2’s Innovation Studio, Q2 Sentinel, ClickSWITCH, Positive Pay, Centrix, and other Q2 products. These tools are designed to enrich the customer experience. Community Bank of Louisiana president and CEO Jayce Simpson said: “Partnering with Q2 is a key part of our strategy to make banking with us as simple and enjoyable as possible. How well do you really know your competitors? Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge. Company Profile – free sample Not ready to buy yet? Download a free sample We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your […]

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Crystal Lake, IL, December 19, 2024 –( PR.com )– In an era where digital transformation is not just a trend but a necessity, The SHARC by Mr. IIoT, is an industry-leading solution pioneering the path towards Industry 4.0. This advanced IoT sensor adaptor empowers businesses to harness the full potential of the Industrial Internet of Things (IIoT), dramatically enhancing operational efficiency, productivity, and process optimization. The SHARC provides businesses with the information needed to seamlessly integrate smart technologies into current operations. With real-time data analytics, predictive maintenance, and enhanced connectivity, organizations can make data-driven decisions that drive down costs, mitigate risks, and increase profitability. Key Features of the SHARC: – Universal Compatibility: The SHARC IoT sensor adaptor supports various machine types and all system platforms ensuring connectivity to multiple assets with ease. – Real-Time Data Analysis: Provides instant insights into operations with a customizable dashboard to monitor productivity in real-time, summoning crucial insights that lead to informed decision-making. – Predictive Maintenance: Avoid costly downtime by predicting equipment failures before they occur, enabling timely maintenance actions. – Scalability and Flexibility: The SHARC is designed to evolve with the specific needs of businesses and adapts to various market landscapes, empowering them […]

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Home Business Krishna Mohan Pitchikala Develops Cutting-Edge Software Tools for Digital Transformation and Cybersecurity Enhancement At the forefront of this innovation is Krishna Mohan Pitchikala, an experienced engineer who has been instrumental in developing these advanced tools. Follow Us Krishna Mohan Pitchikala (File) Safeguarding software systems has become more critical than ever. The growing complexity of modern software ecosystems demands that organizations adopt a holistic and proactive approach to security. This approach involves not only responding swiftly to known vulnerabilities but also anticipating and mitigating potential threats with precision and foresight. Addressing this urgent need, an advancement in software security tools has emerged. This innovative solution is designed to significantly enhance collaboration between security engineers and software developers, enabling faster, more seamless, and highly effective remediation of security issues. It sets a new standard for efficiency and resilience in the industry. At the forefront of this innovation is Krishna Mohan Pitchikala, an experienced engineer who has been instrumental in developing these advanced tools. His solution aims to bridge the communication gap between two key players in the software lifecycle: software developers, who are responsible for addressing vulnerabilities, and security engineers, who are tasked with identifying them. Traditionally, these teams […]

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