(9min) Summary CI&T is well-positioned to capitalize on the AI-driven digital transformation trend with its new Flow product and revamped sales structure. Flow enhances productivity and client engagement, enabling CI&T to gain wallet share and win new business deals. Despite recent growth slowdowns, CI&T’s growth outlook is improving, supported by strong demand and ramp-up of large client contracts. DKosig Summary I am positive about CI&T (NYSE: CINT ). My summarized thesis is that the business is in a very good position to take advantage of the business digital transformation trend (focus on AI initiatives) with its new Flow product and revamped sales structure. My belief is that CINT can see growth accelerate to mid-teens and 20% over the next two years. Company overview CINT provides digital transformation solutions and services for businesses. Such services and solutions include strategy, design, and software engineering services. The business has operations in two key regions: North American and Europe, which represent 53% of trailing 12 months ("TTM") revenue, and LATAM, which represents 42% of TTM revenue. The remaining is from Asia (4% of TTM revenue). CINT is not a new company to this industry, and throughout its operating history, it has worked with […]
Du accelerates digital transformation with integrated solutions, propelling the UAE’s AI economy at GITEX 2024
du Stand at GITEX 2024. Image Courtesy: du du highlighted digital transformation efforts with the theme "Add transformation to tomorrow. With integrated Solutions," focusing on its expanded B2B offerings through du Tech and du Infra to aid the digital progress of businesses and government entities. innovations in agriculture, manufacturing, retail, and government services underlined du’s commitment to advancing a future AI economy. Strategic collaborations with key government entities and leading international partners, coupled with significant customer acquisitions, highlight du’s central role in advancing innovation and commitment to the UAE’s national digital transformation agenda. du’s strategic actions underscore its pivotal role in driving the UAE’s digital innovation and supporting a vibrant ecosystem for startups and businesses in various industries. Dubai, UAE: du, the leading telecom and digital services provider, today announced the successful culmination of its participation at GITEX Global 2024. The event, which took place from October 14 to October 18 in Dubai, served as a platform for du to align with this year’s theme, "Add transformation to tomorrow. With integrated Solutions." Reflecting its role as a digital enabler, du highlighted an expanded B2B portfolio, including the introduction of du Tech and du Infra, aimed at propelling key government […]
Huawei launches innovative solutions for digital transformation at GITEX 2024
Huawei launched joint solutions with partners across ten industries, including public utilities, transportation, finance, electric power, oil & gas, mining, retail, education, and healthcare, along with a series of new flagship products at GITEX GLOBAL 2024 in Dubai. These solutions and products are designed to support customers in enhancing their digital and intelligent transformation. Li Peng, Corporate Senior Vice President and President of ICT Sales & Service at Huawei, delivered the opening remarks at the summit. "We’re combining our strengths in networking, storage, computing, cloud, and energy," said Li, "and we’re working with partners to build new digital and intelligent infrastructure." Amid the wave of digital and intelligent transformation, Huawei urged all parties to collaborate and seize new opportunities. The company will also accelerate the application of advanced technologies in various industry scenarios to resolve business pain points. To this end, Huawei has published the "Amplifying Industrial Digitalization & Intelligence Practice" White Paper, which includes more than 100 success stories from over 20 industries for customers to reference during their own transformation. Keep updated, follow The Business Standard’s Google news channel Additionally, Huawei plans to strengthen its Huawei-Partner cooperation system and cultivate a digital and intelligent talent ecosystem. Huawei […]
‘If India can do it, so can…: Nobel Laureate Prof Paul Romer on India’s digital transformation
Nobel Laureate Prof. Paul Michael Romer USER CONSENT We at moneycontrol use cookies and other tracking technologies to assist you with navigation and determine your location. We also capture cookies to obtain your feedback, analyse your use of our products and services and provide content from third parties. By clicking on ‘I Accept’, you agree to the usage of cookies and other tracking technologies. For more details you can refer to our cookie policy. *We collect cookies for the functioning of our website and to give you the best experience. This includes some essential cookies. Cookies from third parties which may be used for personalization and determining your location. By clicking ‘I Accept’, you agree to the usage of cookies to enhance your personalized experience on our site. For more details you can refer to our cookie policy *I agree to the updated privacy policy and I warrant that I am above 16 years of age I agree to the processing of my personal data for the purpose of personalised recommendations on financial and similar products offered by MoneyControl I agree personalized advertisements and any kind of remarketing/retargeting on other third party websites I agree to receive direct marketing […]
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Riga showcases digital transformation agenda at Latvian-German forum and convention
Riga’s role in driving digital transformation was highlighted at the recent Latvian-German local government forum held in Berlin. Linda Ozola, deputy mayor of Riga , emphasizes the city’s growing potential to lead the way in digitization, with Latvian companies seeing new opportunities to expand into the German market and forge key partnerships. Latvia and the Baltic States have emerged as frontrunners in digital innovation and data security, according to the Investment and Development Agency of Latvia (IDAL) . In Latvia, 84 percent of internet users utilize government e-services and digital identification, and over 91 percent of public sector services are accessible online. Notably, Latvia stands out as the only EU member where the entire administrative process in the construction sector has been fully digitized. “The digitisation of Riga started intensively at the turn of the century, by setting up the first databases and e-services. A major challenge, but also an opportunity that we were able to take full advantage of, was the period of pandemic, during which we rapidly digitized our internal municipal processes and also found ways to deliver almost all municipal services remotely,” says Ozola. “Riga as the capital of Latvia should take the lead in implementation […]
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Cybersecurity: Stakeholders Call for Holistic Approach to Enable Nigeria’s Digital Transformation
NIGERIA INDICES FMDQ COMMODITY CURRENCY NASD BANKING 926.39 +0.51% FOOD AND BEVERAGES 1,572.66 +0.63% INSURANCE 432.19 -0.91% NGX LII 5,925.79 -0.23% NGX MAIN BOARD 4,847.81 -0.08% NGX PENSION 4,073.55 +0.29% NGX PREMIUM 8,895.94 +0.13% NGX-30 3,654.70 +0.05% NGXAFRBVI 2,052.90 +1.06% NGXAFRHDYI 13,659.92 +0.37% NGX-ASEM 1,583.71 0 NGXCG 2,440.52 +0.09% NGXGROWTH 6,365.58 0 NGX-IND 3,581.11 0 NGXMERIGRW 5,369.01 +1.28% NGX Listed NASD Unlisted Global Markets African Markets Fixed Income Commodity Market Currency Market Get the App Connect with us Subscribe to our Newsletter Proshare is a professional practice focused on delivering research and information services to bridge the gap between investors and markets; by delivery on credible, reliable, and timely engagements through the following areas — Impact Research, Market Intelligence, Strategic Advisory, Stakeholder Relations & Digital Media. Proshare © 2022. All Rights Reserved. Copyright Terms of Use Privacy Policy Disclaimer Content Partnership Guidelines About Us Contact Us Developer Center
Neutrinos Unveils New Intelligent Automation Platform, Unlocking Unmatched Digital Transformation Capabilities for Insurers
New Automation Platform with 60+ Pre-Built Assets to Accelerate Insurance Industry Reinvention SINGAPORE, Oct. 16, 2024 /PRNewswire/ — Neutrinos, a technology company that automates business processes for insurance enterprises, today announced a major strategic shift with the launch of its new Neutrinos Intelligent Automation Platform. This next-generation platform represents a significant evolution in the company’s direction, moving beyond low-code to offer a comprehensive suite of intelligent automation tools designed to help enterprises—especially insurers—automate, optimize, and innovate at every level of their operations. The new platform brings together the power of an Omni-Channel Experience Layer, Low-Code Innovation Foundry, Process Automation, Advanced Decisioning, and Unified Control Management & Governance. This enhanced platform positions Neutrinos as a pioneer in intelligent automation for insurers, enabling customers to create seamless digital experiences, enhance operational efficiencies, and make data-driven decisions—all from a single, unified environment. A New Direction for Neutrinos: Empowering Enterprises through Intelligent Automation The shift reflects a commitment to catering to the evolving needs of enterprises by delivering a platform that not only accelerates development but also extends automation across every corner of the organization. This release marks Neutrinos’ entry into a new era where intelligent automation is the core of its offerings, […]
Halfway Through: 3 Things We’ve Learned From PYMNTS B2B Month
It’s been a busy October at PYMNTS. The monthlong event, B2B Payments: Outlook 2030 , has been putting an exclamation point on the fact that B2B payments are transforming. The first week of the Outlook 2030 event centered on how platform and network models are impacting business payments. The second week covered interoperability and data standards. The third week landed on closed versus open networks. And we will end the month with the lifeblood of any company: cash flow. As businesses look to modernize their payment processes, three core themes have emerged in shaping the future of B2B payments: digital transformation and automation; interoperability and solving for long-standing cross-border payment challenges; and the evolution of digital solutions optimizing payments beyond the transaction. These three themes highlight the direction in which the industry is heading and provide a roadmap for organizations seeking to adapt and thrive in a digital and interconnected economy. Free registration: B2B Payments: Outlook 2030 Streamlining Cross-Border Payments: The Holy Grail of B2B “If you look at the cross-border payment space over the last five years, the payment volumes have grown,” Chandana Thanthrige of Bank of America told PYMNTS. While digital transformation streamlines many aspects of B2B […]
Digital transformation, innovation capabilities, and servitization as drivers of ESG performance in manufacturing SMEs
Article Open access Shaofeng Wang Scientific Reports 14 , Article number: 24516 (2024) Cite this article Metrics Abstract This study investigates the relationship between digital transformation and Environmental, Social, and Governance (ESG) performance in the context of SMEs. Drawing upon Resource Orchestration Theory, this research proposes a theoretical model that examines the direct effect of digital transformation on ESG performance and the mediating roles of innovation capabilities and servitization level in this relationship. PLS-SEM and fsQCA were employed to analyze survey data from 215 SME executives. The results reveal that digital transformation positively influences ESG performance. Moreover, innovation capabilities and servitization level partially mediate the relationship between digital transformation and ESG performance. This research contributes to the literature by proposing and validating a comprehensive model that integrates these constructs, offering actionable insights for SME managers and policymakers to enhance ESG outcomes through strategic digital initiatives. Notably, fsQCA results highlight three distinct configurations of digital transformation components leading to high ESG performance, providing nuanced pathways for SMEs to achieve sustainable development. Introduction The rapid pace of technological change has made digital transformation a critical imperative for businesses seeking to maintain competitiveness and ensure long-term viability 1 , 2 , 3 […]
HGS Inaugurates AI Hub in Manila for Digital Transformation
Hinduja Global Solutions (HGS) (listed on BSE & NSE), a leading provider of solutions in digital experience, business process management (BPM) and digital media services, today launched a state-of-the-art ‘HGS AI Hub’ in Manila, Philippines to boost digital experience for its clients. This hub will serve as an interactive space where clients, partners, and employees can leverage advanced technologies to co-create digital solutions. The HGS AI Hub is a unique facility in the Philippines, offering an immersive experience with digital technologies such as automation, analytics, AI, virtual reality, visual AI, and speech AI, all under one roof. Clients can interact with various technologies in real-time, providing an ideal setting for leveraging design thinking techniques to reimagine customer experience and develop practical solutions. The HGS AI Hub was inaugurated by distinguished dignitaries, including His Excellency Harsh Kumar Jain, Ambassador of India to the Republic of Philippines; Partha DeSarkar, Group CEO – HGS; Pushkar Misra, President and CEO – HGS APAC; Mon Ibrahim, Executive Member National Innovation Council Philippines, and other senior HGS leaders. His Excellency, Harsh Kumar Jain, Ambassador of India to the Republic of Philippines added, “I’m delighted to attend the inauguration of the HGS AI Hub in Manila […]