K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
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In the connected economy , retail pharmacies like CVS , Walgreens , and Rite Aid face challenges to their traditional business models. As consumer preferences move toward digital solutions and telehealth services , these industry leaders are assessing their business strategies to remain viable. Strategic Shifts in Major Players CVS recently appointed David Joyner as CEO amid struggles to stabilize its healthcare business. The company’s challenges include elevated medical costs and declining retail sales, prompting a strategic review that considers splitting its insurance and retail divisions. CVS also announced plans to cut about 2,900 corporate jobs as part of a broader initiative to trim $2 billion in expenses. In a similar vein, Walgreens Boots Alliance is transforming its retail pharmacy operations, including the closure of around 1,200 underperforming stores over the next three years. CEO Tim Wentworth acknowledged the difficulties, stating , “The consumer may get stronger, but you wouldn’t count on it right now.” The company reported a net loss of $3 billion last fiscal year, attributed to opioid-related liabilities and operational costs. Rite Aid, having emerged from bankruptcy , is also adapting its strategies. Chief Marketing Officer Jeanniey Walden highlighted the importance of data-driven decision-making in refining […]
The petroleum company’s Shell Fleet App was recognised for revolutionising how it reaches and serves small and medium enterprises (SMEs). Shell Pilipinas Corporation emerged triumphant at the Asian Oil & Gas Awards 2024, taking home the Digital Transformation Initiative of the Year – Philippines accolade. The company’s initiative was centred on SMEs, as they represent a significant portion of the business landscape, accounting for 99.5% of all registered businesses. With Shell Fleet Solutions Philippines’ focus to grow the SME customer portfolio, the company acknowledged the need to adapt to the digital transformation and evolving behaviours of SME fleet management. Tailored approach Shell Fleet Solutions embarked on developing a tailored app designed to simplify and enhance the fleet management experience for SME owners. Join Asian Power community Your e-mail address Traditionally, applying for a Shell Fleet Card involved a tedious process of filling out forms, submitting documents, and waiting for application results—a process that was proven to be time-consuming and inconvenient for busy SME owners. Shell Fleet Solutions identified a substantial opportunity within this segment and responded with a streamlined solution that addresses their specific needs and demands. The goal was to reduce the time SME owners spend on paperwork […]
North West-based electromechanical specialist Central Group has secured a £700K investment package which is supporting significant growth, job creation and advances in new technology to support its digital transformation strategy. Located in Knowsley, the firm is being supported with investment from NPIF II – FW Capital Debt Finance, which is managed by FW Capital and part of the Northern Powerhouse Investment Fund II (NPIF II). Central Group specialises in the supply, installation, repair, and maintenance of industrial electric motors, generators, inverter drives, and industrial pumps. It works with leading Original Equipment Manufacturers (OEM) such as ABB, Nidec, Innomotics and Siemens and is a specialist in the rotating machinery sector, with over 50 years’ experience. Central Group is using the funding from NPIF II – FW Capital to create eight new jobs and support its work with Liverpool University and Liverpool John Moore University with whom it is collaborating on a Knowledge Transfer Project. Combining academic research and industrial expertise, they are paving the way for advances in technology with regards to system diagnostics and maintenance optimisation. This involves the development of an AI-driven prognostic health management system for industrial drives. A second-generation family-run business, Central Group is managed by […]
Network Automation Channel To embed our video on your website copy and paste the code below: <iframe src="https://www.youtube.com/embed/oCcTOiJB7Zw?modestbranding=1&rel=0" width="970" height="546" frameborder="0" scrolling="auto" allowfullscreen></iframe> Guy Daniels, TelecomTV (00:05): Hello, you’re watching Telecom tv. I’m Guy Daniels. Now a key component of Telco’s digital transformation programs is the development and deployment of autonomous networks. However, not all telcos are at the same point in the journey towards automation, and challenges do still remain well. Joining me now to explain more is George Glass, who is Chief Technology Officer for TM Forum. Hello, George. Good to see you again. Now, if I could ask, first of all, what role does autonomous networking play in telco’s Digital transformation? George Glass, CTO, TMForum (00:42): We’ve been working with our members on their digital transformation journey for probably the last 10 years, and that was largely focused on the IT space and what would’ve been known as the business support systems or operational support systems of that telecoms operator. But what we’re actually seeing is that as infrastructure has been virtualized, we’ve seen the arrival of cloud computing. We’ve seen software or networks becoming software. We’ve seen it and network assets becoming programmable. We’ve seen […]
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Singapore, Oct. 23, 2024 (GLOBE NEWSWIRE) — Orangekloud Technology Inc. ( Nasdaq: ORKT) (“Orangekloud” or “ the Company ” ) , a Singapore-based technology company offering the eMOBIQ® No-Code platform for the development of mobile applications, today announced signing a partnership agreement with the Electronics Industries Training Centre (ELITC), a premier institute offering training and educational programs in Singapore. Highlights of the Partnership Agreement Appointment of ELITC as the Preferred Training Partner in Singapore: ELITC is now the preferred partner in Singapore to provide training for Orangekloud’s eMOBIQ No-code platform for App development, with pre-agreed arrangements for revenue-sharing. Equipping the Workforce for Digital Transformation: Trainees will be equipped with the skills to develop mobile Apps without coding, boosting their work competencies and empowering the digital transformation of local enterprises. Leveraging ELITC’s Network for Wider Adoption of eMOBIQ Solutions: Orangekloud will tap on ELITC’s extensive network of enterprises – within and beyond the electronics industries – to promote its eMOBIQ application development platform. This will empower enterprises with the No-Code application development skills to develop effective and easy-to-use solutions to optimize their operations in such areas as sales and warehousing. About Orangekloud Technology Inc. Orangekloud Technology Inc. (Nasdaq: ORKT) is […]
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Global survey finds only 48% of digital initiatives meet business outcomes. (Credit: CrizzyStudio/Shutterstock) Only 48% of digital initiatives undertaken by enterprises meet or exceed their intended business outcomes, according to a global survey by Gartner. Conversely, the study by the management consultant company found that 71% of those CIOs and IT managers who were especially proactive in pushing digital projects forward achieved or surpassed their targets. This so-called ‘digital vanguard’ was identified in a survey of some 3,100 CIOs and technology executives, as well as 1,100 executive leaders outside IT. “This digital vanguard distinguishes themselves from the rest of CIOs and CxOs because they co-own digital delivery,” explained Gartner research vice president Raf Gelders. “CIOs and CxOs are equally responsible, accountable and involved in delivering the digital solutions their enterprises need. This is a radical departure from the traditional paradigm of IT delivery and business ‘project sponsorship’ that predominates in most enterprises.” CIO investment trends show a focus on emerging technologies Gartner’s findings highlight key investment trends for 2025, showing a strong focus on emerging technologies. Among the CIOs surveyed, 87% plan to increase funding for cybersecurity measures, while the same percentage intends to boost investments in generative AI. […]
Labayh TikTok mental health Labayh TikTok mental health Resources Abia Malickal, the head of private equity and venture capital operations at Apex ADGM Apex Group is leading the way in digitally transforming how asset managers and investors interact with financial administrators like itself. Spearheading this shift is Abia Malickal, the head of private equity and venture capital operations at Apex ADGM. In an interview, Malickal shed light on two key technology platforms – Tocan and Tempo – that Apex has developed to improve asset managers’ and their investors’ experience and achieve faster lead-time towards their goals of due diligence, fund launch, capital flows and revenue generation by streamlining an otherwise high-friction disjointed manual process. Tocan is Apex’s proprietary digital investor onboarding platform that aims to “make the asset manager and investor experience seamless,” according to Malickal. Conventional onboarding via extensive email exchanges can take up to four weeks to complete for a typical investor that is a legal entity. However, Tocan’s dynamic capabilities only present relevant questions and requirements based on an investor’s legal form as a trust, corporate, or partnership. This highly streamlines the process, with Apex estimating onboarding lead-times could be halved through the platform’s use. In […]
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