kenli

I just did a search for papers on digital transformation and was surprised that I got a whole load of results from every single tech company out there addressing the question: “what is digital transformation?” ( a question I have blogged about a lot ). As someone who has been doing this his whole life, my simple definition is taking an analogue company with digital on top to change into a digital company with analogue on top. There’s obviously a lot more to it than that – after all, it is a complete reconstruction of the whole company’s business model, as I’ve written about often – but the basics are changing the core of the company from physical to digital. Nevertheless, I thought readers of The Finanser might find it interesting to see this collation of definitions and papers from some of the leading companies in the world. Accenture https://www.accenture.com/gb-en/insights/digital-transformation-index Digital transformation is the process by which companies embed technologies across their businesses to drive fundamental change. The benefits? Increased efficiency, greater business agility and, ultimately, the unlocking of new value for employees, customers and shareholders. Many different paths lead to digital transformation and each organisation’s journey will be […]

Click here to view original web page at thefinanser.com

Huawei Cloud endures rapid business growth in South Africa Huawei Cloud’s expansion in South Africa, driven by AI adoption and digital transformation, signals growth potential in the emerging cloud computing market The global cloud computing market has been experiencing significant growth, driven by increasing digitalisation across industries and the adoption of AI technologies . From this mass evolution, emerging countries in the technology game like South Africa, are experiencing cloud services becoming essential for businesses and governments seeking to modernise their operations and boost economic competitiveness . This trend has attracted major international cloud providers to establish local data centres and expand their offerings in the region, with Huawei Cloud emerging as a key player. Huawei Cloud, the cloud computing arm of Chinese technology company Huawei, has reported substantial growth in its South African operations over the past five years. Huawei market expansion and customer base Huawei Cloud has made significant strides in the South African market, serving over 1,000 customers across various sectors including government, financial services, education, telecommunications, media and e-commerce. It is also expanding its presence in the Middle East, reporting a tenfold revenue increase and serving over 900 local customers , whilst launching new data […]

Click here to view original web page at technologymagazine.com

The UiPath Action Center and Document Understanding have further streamlined Banco’s operations. Credit: SuPatMaN/Shutterstock. Mexico-based financial institution Banco Azteca has implemented UiPath ‘s artificial intelligence (AI) and automation technologies to improve efficiency and customer service. Initially, Banco developed 15 automations to lay the groundwork for its digital transformation. Recognising the UiPath Platform’s potential, the company expanded its use within its Center of Excellence, developing 190 automations that have optimised a variety of processes. Over half of banking transaction clarifications are now resolved in less than one day, significantly reducing response times, the lender said. Banco Azteca transformation operations director Kathia Barrios said: “The transformation that we have achieved using the UiPath Platform fortifies our competitive edge and underscores our commitment to innovation, setting a new standard for excellence in the financial sector. “We have completely overhauled batch processing, which took many hours to complete, created drastic improvements in processing high quantities of claims, and realised significant operational efficiencies. Our transformation is enhancing customer experiences and employee satisfaction.” 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 […]

Click here to view original web page at www.privatebankerinternational.com

ZTE has unveiled the innovations of its RAN multi-agent collaboration solution with China Mobile during the China International Information and Communications Technology Exhibition (PTEXPO) in Beijing. The multi-agent collaboration solution introduces AI large models into the end-to-end operation and maintenance of mobile networks for the first time, yielding impressive performance and efficiency improvements across various locations in China. This represents a significant leap forward in network digitalization and intelligence. Through the extensive deployment and development of 5G, China Mobile has built the world’s largest mobile network. This expansion has led to increasingly complex network structures and diverse applications, demanding higher efficiency in network operations and maintenance. With the deep integration of 5G with AI+, the introduction of large models is revolutionizing the telecom industry. The innovations of RAN multi-agent collaboration solution, unveiled at this event, are built upon the latest AI large model tailored for the telecom industry. By harnessing multi-agent collaboration, the solution leverages the network’s native AI atomic capabilities, empowering the network operation and maintenance platform, and exploring a new paradigm for intelligent network management. The RAN multi-agent collaboration solution seamlessly integrates telecom knowledge, structured data, and network capabilities, enabling accurate understanding and intelligent decision-making in complex […]

Click here to view original web page at developingtelecoms.com

Cedrik Neike, CEO Digital Industries and Member of the Managing Board of Siemens AG, signing MoU and Kai Beckmann, CEO Electronics business and Member of the Executive Board of Merck. Merck signs a strategic agreement with Siemens to digitally transform its healthcare manufacturing, leveraging cutting-edge technologies Merck , a leading pharmaceutical company, has embarked on a digital transformation by signing a Memorandum of Understanding with technological innovator Siemens . This partnership will propel digital advancements in Merck’s critical business sectors. This collaboration will extend their existing smart manufacturing projects and define further steps for digital transformation in healthcare-related manufacturing. Having chosen Siemens as its global preferred supplier, Merck aims to leverage the powerful Siemens Xcelerator platform for enhanced automation. Merck’s digital ascent in healthcare The Merck Group has 60,000 employees, 250 companies and a presence in about 66 countries, specifically recognising the huge manufacturing power of India and China. Providing bioreactors, filters, resins, cell lines, chromatographic, excipients and pharmaceutical raw materials, the Life Science Business benefits patients and contributes to the advancement of global health. To learn more about Merck’s global vision, check out The Merck Group: Pharma’s History & Innovation in India and The Merck Group: Pharma’s History […]

Click here to view original web page at healthcare-digital.com

More from Automation Protecting revenue and keeping applications online through intelligent routing 3 min read – IBM Build Partner GlobalDots helps some of the world’s leading brands keep their revenue-generating services running optimally at all times. Francesco Altomare of GlobalDots explains how embedding IBM technologies into the company’s Super content delivery network (CDN) offering helps address the biggest availability and performance challenges for customers. Intelligent network steering to protect revenue When the availability and performance of online applications and websites are truly critical, organizations typically use one or more CDNs to route web traffic intelligently. CDNs… September 30, 2024 Watsonx.data introduces support for a suite of modern dataops tools 2 min read – We’re excited to announce that IBM® watsonx.data™ now supports a powerful suite of tools for the modern dataops stack: data-build-tool, Apache Airflow, and VSCode. With data build tool (dbt) compatibility for both Spark and Presto engines, automated orchestration through Apache Airflow, and an integrated development environment via VSCode, watsonx.data offers a new set of rich capabilities. These features empower teams to efficiently build, manage and orchestrate data pipelines. The challenge of complex data pipelines Organizations today face the challenge of… September 30, 2024 IBM API Connect […]

Click here to view original web page at www.ibm.com

Edge computing, fueled by AI, represents a new evolutionary phase in digital transformation. For some companies, this convergence is already driving business, and in the EU specifically, distributed open marketplace Europe, or DOME, will help CIOs get on the right path. Credit: Shutterstock The IT world is witnessing an ever closer convergence of cloud, edge, and AI. Collecting and processing data at the edge via connected objects is an integral part of applications for Industry 4.0, but also for things like precision agriculture, smart cities and logistics. The vast world of IIoT is closely linked to connectivity, processing data locally using AI, and then sending the information to the cloud for further analysis. From there, insights can be extracted. “The edge is the new battlefield in the field of digital infrastructures, and its technological capabilities will be greatly accelerated and expanded by AI,” says Luis Fernandes, research director of the European infrastructure strategy area at IDC. And the launch of DOME, a project co-funded by the European Commission to implement the open distributed market for cloud and edge services in the EU, demonstrates that this integration of emerging tech is critical for businesses and competitiveness. As a consortium of […]

Click here to view original web page at www.cio.com

To make DEX an enterprise priority, prioritize DEX for IT Credit: Billion Photos Business and IT leaders agree that improving the “digital employee experience” (DEX) results in better productivity and workplace morale. But recent research by Ivanti reveals an important reason why many organizations fail to achieve those benefits: rank-and-file IT workers lack the funding and the operational know-how to get it done. They don’t prioritize DEX for others because the organization hasn’t prioritized improving DEX for the IT team. There are enormous benefits in improving digital employee experience, and DEX remains an area that executive leaders are optimistic about. But there is a disconnect when it comes to its practical application across IT teams. IT professionals remain extremely skeptical, in part because they are being left out of the benefits of DEX. This has led to problematic perceptions: almost two-thirds (60%) of IT professionals in the Ivanti survey believing “Digital employee experience is a buzzword with no practical application at my organization.” Clearly IT leaders need to do more for teams to realize the full benefits of DEX. DEX best practices, metrics, and tools are missing Nearly seven in ten (69%) leadership-level employees call DEX an essential or […]

Click here to view original web page at www.cio.com

Key Takeaways Understanding the significance of digital transformation is crucial for maintaining a competitive edge. This article delves into the essential role of digital transformation in achieving success and outlines practical steps for entrepreneurs to seamlessly incorporate technology into their business strategies. Opinions expressed by Entrepreneur contributors are their own. In the fast-paced world of business today, one truth stands out: The future is reserved for those companies that adeptly navigate the waters of digital transformation . With technology rapidly transforming industries, business leaders and entrepreneurs are now focused on the crucial questions of how and when to embrace new innovations. As a startup founder or an experienced CEO, grasping the significance of digital transformation is crucial for maintaining a competitive edge. Related: How to Create Success for Your Business Through Digital Transformation What is digital transformation? Digital transformation refers to the integration of digital technology into all areas of a business, fundamentally changing how it operates and delivers value to customers. It involves a cultural shift that requires organizations to continually challenge the status quo, experiment and get comfortable with failure. Digital transformation is the process of weaving digital technologies into every facet of a business, fundamentally reshaping […]

Click here to view original web page at www.entrepreneur.com

Japan flag As Japan gears up for snap elections on October 27, the country finds itself at a critical juncture in its digital transformation journey. The government’s recent initiatives to bolster digital competition practices and enhance digital infrastructure have set the stage for a pivotal year ahead but challenges remain. Read on to learn about Japan’s digital policy landscape, with the key developments, potential obstacles, and future outlook for a nation that hopes to be on the brink of a digital revolution. 2024 Fall Policy Landscape: Key Issues to Monitor Around the World Insights from a recent webinar, hosted by FiscalNote Professional Services’ team of analysts, provide an outlook on critical global policy trends for the remainder of 2024. Read now Impacts of Recent Political Turmoil 2024 has emerged as a crucial and dynamic year for Japan. The government has embraced new policies to strengthen digital competition practices and undertaken initiatives to enhance national digital infrastructure. However, with the political crisis in September that led to an unexpected change in leadership , it is uncertain whether new Prime Minister Shigeru Ishiba will advance his predecessor Kishida’s legacy or carve his own path in steering the country’s digital and technological […]

Click here to view original web page at fiscalnote.com