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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Digital transformation is a foundational change in how an organization delivers value to its customers. Here’s what transformation entails, along with tips to ensure your company is on the correct course. Credit: Shutterstock / Gorodenkoff Digital transformation definition Digital transformation is an organization-wide strategy aimed at leveraging digital technologies to modernize key business processes and to introduce new services that better engage customers, support employees, improve operations, and drive business value to the bottom line. When done correctly, digital transformation becomes embedded in the enterprise strategy, with the organization’s CEO, executive team, and entire workforce embracing digital transformation as a continual reinvention essential to the organization’s success. Why digital transformation matters With technology disrupting every industry, digital transformation, also sometimes referred to as DX, has become an existential need for nearly every organization today. Because digital transformation involves integrating digital technologies into all aspects of business operations to improve products and services, streamline processes, and introduce new revenue streams, digital transformation has become the No. 1 strategy for organizations seeking to reinvent their operations and business models for the modern business era. Figures from PwC’s 2024 Global CEO Survey indicate just how pervasive the need for transformation has become, […]
As of now, the country has 24 publishing houses, up 26.3 percent compared to 2022. Many of these units are licensed to publish and distribute electronic books, with several based in HCMC. The staff of the Voiz FM audiobook app guides customers in experiencing audiobooks. “During the first half of 2024, book sales on TikTok reached VND600 billion. In comparison, the total revenue for the entire publishing industry in 2023 was nearly VND4 trillion. This highlights significant new opportunities for the publishing sector arising from the ongoing digital transformation,” stated Mr. Nguyen Nguyen, Director of the Authority of Publishing, Printing, and Distribution under the Ministry of Information and Communications, at a recent seminar on digital transformation in publishing held in Ho Chi Minh City. Growth drivers As of now, the country has 24 publishing houses, up 26.3 percent compared to 2022. Many of these units are licensed to publish and distribute electronic books, with several based in HCMC. Not only has the number of publishers increased, but revenue from electronic publications has also shown promising trends. According to data from the Authority of Publishing, Printing, and Distribution, the entire publishing industry produced 4,000 electronic publications in 2023, marking a […]
IN BRIEF: • Today’s cyber risks go beyond technical vulnerabilities, where a breach can disrupt supply chains, damage brand reputation, and lead to significant financial losses. • To mitigate cyber risks and protect business interests, cybersecurity must be integrated into the highest levels of decision-making, aligning security measures with the business’s overall objectives to enhance both security and performance. • By embedding cybersecurity into the organization’s DNA, C-suite leaders can protect their assets, enhance innovation, and strengthen customer trust. In the digital era, cybersecurity is no longer just a technical concern — it is a strategic imperative. As organizations embrace new technology to drive growth, the urgency for robust cybersecurity has escalated. However, many businesses still see cybersecurity as a separate function rather than a critical component of their overarching strategy. This disconnect can be costly, as cyber incidents have far-reaching consequences that threaten every facet of the enterprise. For C-suite executives, integrating cybersecurity into the core business strategy is essential. Cyber threats are increasingly sophisticated, targeting intellectual property, business continuity, and customer trust. To effectively safeguard these assets, companies must bridge the gap between cybersecurity and business objectives, aligning them for maximum protection. CYBERSECURITY: MORE THAN AN IT […]
The European industry stands at a crossroads. We are global leaders in many sectors, and our continent is home to thousands of world-leading companies. Equally, the European Green Deal and the Commission’s digital ambitions offer businesses and our society tremendous opportunities. For 20 years DIGITALEUROPE has advocated for Europe as a united, ambitious, and outward-facing continent. We are proud of Europe’s industrial past, and we wish to see a Europe that punches at our industrial weight, that extends our industrial capabilities into the digital era and that gives smaller companies the opportunity they need to grow both here and globally. The Commission has set out a great vision of a Green Europe fit for the Digital Age. Now is the time! We, as businesses, have a big role to play in working with European leaders to define a common Industrial Strategy – and to execute the plan. But we also need strong leadership from the highest political levels of the EU that can bring Member States along with us. So, what should be done in the next five years? Firstly , we need to bring together the different policies – regulation, investment, and trade facilitation, aligned in a single […]
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ETCIO CDO Conclave 2024 Digital transformation is preparing organizations to be successful in a data-driven future and a constant state of transition. It is likely to be characterized by a dynamic and rapidly evolving landscape, with companies that embrace new technologies ETCIO AI Vision Conclave As of 2024, Artificial Intelligence (AI) continues to be a significant driver of transformation across various industries. Enterprise-scale companies are increasingly embedding AI into their business operations, with about 42% of large organizations GenAI Advantage Elevate with Cloud | Secure with Innovation AI HORIZONS An ET Studio’s exclusive exploring AI disruptions across industries
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(VOVWORLD) -Prime Minister Pham Minh Chinh on Saturday reiterated the government’s resolve to pursue a comprehensive and effective digital transformation revolution as he addressed an event marking National Digital Transformation Day 2024, in Hanoi. Prime Minister Pham Minh Chinh, Chairman of the National Committee for Digital Transformation, says the Government is determined to pursue the digital transformation revolution extensively. Photo: VOV The PM, who is also Chairman of the National Committee for Digital Transformation, said digital transformation is an inevitable trend, an objective need, a strategic choice, and a top priority for rapid and sustainable development. It contributes to realizing the aspiration of building a strong, prosperous country, with happy people, leaving no one behind in the new era of national rise, he said. Vietnam is on the right track by focusing on promoting digital transformation, green transformation, and infrastructure development. According to the Prime Minister, this year is the third consecutive year that Vietnam has organized a program to celebrate National Digital Transformation Day. This important event demonstrates the determination of the Party, State, political system, business community and people to join hands in digital transformation, developing the digital economy, digital society, and digital citizenship. PM Chinh pointed […]
On September 22-23, 2024, the United Nations Summit of the Future took place at the UN Headquarters in New York, bringing together heads of state and government leaders. The Summit resulted in a historic document, the "Pact for the Future," accompanied by the "Global Digital Compact" and "Declaration for Future Generations." These documents aim to build a secure, peaceful, just, inclusive, sustainable, and prosperous world, addressing global challenges to benefit present and future generations. Amid unprecedented global challenges, green technology and youth empowerment are highlighted as crucial to achieving Sustainable Development Goals (SDGs). UN Secretary-General Antonio Guterres emphasized the need for updated global cooperation reflecting current realities, as existing frameworks for peace and finance no longer suffice. He called for immediate reforms to the UN Security Council and global financial systems to better address issues like debt and sustainability in developing countries. Chinese Foreign Minister Wang Yi, representing President Xi Jinping, delivered a speech urging global unity to protect the planet and presenting China’s contributions to global peace, development, and security. He introduced China’s initiatives, which align with global efforts to tackle challenges together. Youth and business representatives actively participated in key sessions, including the opening ceremony, plenary meetings, […]
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Prime Minister Phạm Minh Chính speaking at the event . VNA photo HÀ NỘI – Prime Minister Phạm Minh Chính on October 12 stressed the need to promote three strategic breakthroughs of digital institutions, digital infrastructure, and digital human resources to enable Việt Nam to catch up with other nations, advance, and thrive in the new era. Chairing an event to celebrate the National Digital Transformation Day 2024 held at the Government headquarters and connected online with 63 provinces and cities, Chính, who is Chairman of the National Committee for Digital Transformation, emphasised that digital transformation was an inevitable trend, an objective requirement, a strategic choice and a top priority for rapid and sustainable development. "It is a mission of the entire Party, army, and people, contributing to the realisation of the aspiration to build a strong and prosperous nation, where the people enjoy a wealthy and happy life, and no one is left behind," he stated. The Government had identified the implementation of a "dual goal" of developing a digital government, digital economy, and digital society at a high level, and forming Vietnamese technology companies capable of competing globally, said Chính. He expressed his delight at the achievements […]
Seamless Saudi Arabia , the leading event for payments, fintech, and digital commerce in the region, announced today the renewal of its strategic partnership with mada, the national payments scheme, for the third edition of Seamless Saudi Arabia which will be held on 22 – 24 October at the Riyadh Front Centre. Drawing from the historic success of Seamless Saudi Arabia 2023 and leveraging the well-established payments infrastructure in the Kingdom, the partnership will craft an agenda dedicated to exploring the latest innovations and trends in the payments industry. Business leaders, innovators, and entrepreneurs from across the globe will gather to discuss market disruptors and technologies shaping the world of digital commerce. Globally relevant speakers from organizations including World Economic Forum, Alrajhi Bank, Riyad Bank, Saudi Awwal Bank, Arab National Bank, Bank aljazira, Bank Albilad, Gulf International Bank, Abu Dhabi Islamic Bank, United Arab Bank, Disney, noon, Hilton, Cenomi, Panda Retail, Brands for Less Group, Alsulaiman Group, Apparel Group, Abdullah Al-Othaim Markets, and hundreds more will share their insights at the exclusive conference, igniting new ideas and inspiring attendees. Additionally, over 600 companies from across the globe will showcase their latest innovations in payments, fintech, e-commerce, retail, home delivery, […]