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Pune, Oct. 07, 2024 (GLOBE NEWSWIRE) — Internet of Things (IoT) in Warehouse Management Market Size Analysis: “ According to SNS Insider, the Internet Of Things (Iot) In Warehouse Management Market was valued at USD 11.96 billion in 2023 and is expected to reach USD 37.08 billion by 2032, growing at a compound annual growth rate (CAGR) of 13.4% over the forecast period of 2024-2032. This remarkable growth is driven by the increasing need for automation and efficiency in supply chain operations, alongside the rapid digital transformation across industries. ” Key Growth Drivers One of the primary drivers propelling the IoT in warehouse management market is the growing need for real-time visibility and tracking in supply chains. Companies are increasingly adopting IoT-enabled devices and sensors to monitor inventory levels, track shipments, and manage logistics in real time. This allows businesses to make informed decisions, reduce operational costs, and enhance customer satisfaction. Additionally, the rise in e-commerce and demand for faster delivery times has further accelerated the adoption of IoT solutions in warehouses. According to recent studies, over 80% of retailers are expected to invest in IoT technologies by 2025 to streamline their warehouse operations and improve order fulfillment processes. […]

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CEO of Telecel Ghana, Patricia Obo-Nai To overcome challenges to Ghana’s digital transformation, we must cultivate an ecosystem where start-ups, corporations, governments and non-profits work in concert rather than in isolation, Chief Executive Officer (CEO) of Telecel Ghana, Patricia Obo-Nai has said. She believes that teamwork and a blend of diverse perspectives are essential for driving progress in the country’s digital transformation. “Collaboration has the power to spark innovation because everyone brings a unique set of knowledge and skills to the table – propelling a solution to top of the market. It allows us to combine diverse perspectives, skills and experiences to create something greater than the sum of its parts. “One of the greatest challenges to digital transformation is overcoming the silo mentality – which is the unwillingness to share information and ideas with each other because we believe that gives us a competitive edge. The world has moved on,” she elaborated. Additionally, she said the country’s digital transformation trajectory must be one whereby opportunities are accessible to all – further noting that this requires investing in digital literacy programmes, supporting grassroots innovators and creating platforms that amplify under-represented voices. Ms. Obo-Nai made these remarks in a keynote […]

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(Image credit: Wichy / Shutterstock) No-code platforms have revolutionized software development by allowing users without programming skills to create applications through intuitive interfaces. These platforms democratize software creation, making it accessible to a wider audience and offering critical advantages in today’s fast-paced business environment by accelerating development and reducing reliance on specialized IT resources. Originating in the early 2000s with visual programming and rapid application development (RAD) tools, no-code platforms have evolved significantly due to technological advancements and the need for more agile software solutions. Now experiencing unprecedented growth, with Gartner predicting 65% of application development will use no-code or low-code platforms by 2024, these platforms are essential for businesses to adapt, innovate, and streamline operations. In the midst of this rapid growth, the scope of no-code platforms has expanded beyond the field of application development. Nowadays, no-code platforms are empowering organizations to quickly document, analyze, automate, and optimize processes without requiring extensive coding expertise. This shift of scope is fundamentally altering how businesses approach digital transformation, ushering in a new era of innovation and agility. Marlon Dumas Chief Product Officer and Co-Founder of Apromore. Role of no–code and process mining While digital transformation is undoubtedly a business imperative, […]

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OPEX, AI, process automation – PEX Network PEX Network ’s weekly news bulletin rounds up the latest research, reports and publications in operational excellence (OPEX), digital transformation, artificial intelligence (AI) and automation, business process management (BPM), process mining and process intelligence and more. This week includes: Schools urged to adopt OPEX framework to boost operational capacity CEOs target AI-driven process automation Decarbonization key to achieving OPEX for metals and mining companies Digital transformation essential for the future of maritime businesses Don’t miss any news, updates or insider tips from PEX Network by getting them delivered to your inbox. Sign up to our newsletter and join our community of experts. Schools urged to adopt OPEX framework to boost operational capacity Schools can boost operational capacity by up to 30 percent using commercial-style OPEX techniques. That’s according to a new report from the Institute of School Business Leadership (ISBL) and the Association of School Business Officials (ASBO) International. The study asserts “with confidence” that most schools and school trusts have a minimum operational capacity creation opportunity of 20 to 30 percent if they regard teachers and pupils as customers, applying improvements across their central functions such as finance, HR, payroll, procurement, […]

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Disclaimer Ing. Dr. Collins Yeboah-Afari, Director General of the GI-KACE Ing. Dr. Collins Yeboah-Afari, Director General of the Ghana-India Kofi Annan Centre of Excellence in ICT (GI-KACE), has underscored the significance of the fully funded "eskills4jobs" initiative as a pivotal force for digital transformation in critical productive sectors. In an interview on Asaase Radio, Dr. Yeboah-Afari described the "eskills4jobs" initiative as an integral component of the Ghana Digital Acceleration Project (GDAP), which aligns with the Government of Ghana’s ICT Policy. The initiative aims to address the urgent demand for digital skills, particularly among marginalized communities. “The program is designed not only to enhance employability but also to foster innovation and create quality job opportunities within the digital economy,” Dr. Yeboah-Afari stated. He noted that the initiative will equip participants with essential digital skills such as data analysis, digital marketing, and cybersecurity operations, empowering the workforce to adapt to rapid technological changes. A skilled workforce, he emphasized, can effectively utilize digital tools, leading to improved efficiency and productivity across various industries. Dr. Yeboah-Afari, who holds multiple IT industry certifications, including Agile Certified Practitioner and ITIL v3, encouraged youth and women to seize this opportunity. He asserted that the right skills […]

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Experts at SPE’s Annual Technical Conference and Exhibition say that, despite AI’s great potential, it’s important to be realistic about AI’s capabilities and to remember that successful projects solve specific business problems. Data Science and Digital Engineering Twitter LinkedIn Pinterest YouTube Show more sharing options “Decoding the Future: Harnessing Digital Petroleum Technologies” panelists, from left, Khaled Al Blooshi, vice president for digital projects and innovation at ADNOC; Corva CEO Ryan Dawson; Saeed Mubarak, petroleum engineering and intelligent fields consultant for Saudi Aramco; and David Johnson, digital solutions principal for Petrolink, spoke on 24 September at SPE’s Annual Technical Conference and Exhibition in New Orleans. Artificial intelligence (AI) may not solve all the oil industry’s problems, but it can certainly contribute to the bottom line. When developed in line with company goals, AI technology can serve real business cases, but bringing AI solutions into the oil patch requires overcoming certain challenges, speakers said during the “Decoding the Future: Harnessing Digital Petroleum Technologies” session on 24 September at SPE’s Annual Technical Conference and Exhibition in New Orleans. But just because something has potential doesn’t mean it will be deployed. David Johnson, digital solutions principal for Petrolink, said most AI projects don’t […]

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Suhel Soudagar In the rapidly evolving landscape of digital transformation, organizations across various sectors face the challenge of integrating cutting-edge technologies into their existing operations. Much like the horse trainer in the 1998 film "The Horse Whisperer," who bridged the gap between injury and healing, Suhel Soudagar has emerged as a "digital transformation whisperer" for organizations navigating the complex terrain of technological innovation. The Digital Transformation Imperative Digital transformation has become an imperative for businesses seeking to remain competitive in the 21st century. This comprehensive shift encompasses the integration of digital technology into all areas of a business, fundamentally changing how organizations operate and deliver value to customers. Within this broad spectrum, technologies such as Geographical Information Systems (GIS), Internet of Things (IoT), Artificial Intelligence (AI), and advanced data analytics play crucial roles in revolutionizing business processes and decision-making. One critical area where digital transformation is making significant inroads is Enterprise Asset Management (EAM). Asset-intensive industries, including government, transportation, energy, and utilities, face ongoing challenges in tracking, managing, and optimizing their assets. The integration of advanced digital technologies, particularly GIS, into EAM systems represents a paradigm shift in how organizations approach asset lifecycle management. GIS: A Cornerstone of Digital […]

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Last year spending on digital transformation reached $2.15 trillion globally as businesses across all sectors faced ongoing pressure to streamline operations and provide a better and more efficient service to their customers. Whilst this total is expected to reach $3.9 trillion by 2027 , for many organisations, the complexity surrounding the creation and ongoing maintenance of new technology-driven processes continues to stand in the way of turning digital investment into impact. According to research, around 70% of digital transformation efforts fail , with only one in eight digital transformation initiatives meeting their objectives. With economic pressure continuing to take its toll on budgets, ensuring digital transformations are successful and deliver a strong ROI has never been more critical, but the journey isn’t always a simple one. Starting a digital transformation project can often be perceived as time-consuming, complex, and expensive. Processes are hard to find, out of date, and difficult to understand, and often teams that inherit processes experience a loss of context and control over them. Meanwhile, employees impacted by the transformation are often averse to change, making the thought of overhauling existing processes, far from inviting. But it doesn’t have to be this way… The secrets to […]

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> Opinion > Navigating the risks of legacy IT systems: The imperative for businesses and governments to embrace digital transformation Share In today’s fast-paced and digitally-driven world, organisations across industries are facing increasing pressure to modernise their IT infrastructure and systems to stay competitive, efficient, and secure. While the benefits of transitioning to robust and modern IT solutions are clear, the risks associated with sticking to legacy systems cannot be underestimated. Legacy IT systems present numerous challenges, including security vulnerabilities, operational inefficiencies, compliance risks, integration limitations, high maintenance costs, talent retention issues, and competitive disadvantages, which can impact business sustainability and the future of work. In this context, it is imperative for businesses and governments to carefully consider the implications of maintaining outdated technology and proactively embrace digital transformation to drive efficiency, scalability, and innovation. Legacy IT systems in businesses and governance refer to the outdated technology infrastructure that many organizations still rely on to support their operations. These systems were typically built many years ago and have not been adequately updated or maintained to keep pace with the rapidly evolving digital landscape. As a result, legacy IT systems are failing to meet the needs of modern organizations in […]

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Press Release, Orbis Research Overview of the Enterprise Full-Chain Digital Transformation Solution Market Global Report With a focus on numerous factors that affect the global market landscape, the Global Enterprise Full-Chain Digital Transformation Solution Market Report provides a thorough analysis of market dynamics, including development potential, obstacles, and competing strategies. From market trends to in-depth industry analysis, the study is intended to give stakeholders useful information. The research is a vital resource for investors, decision-makers, and industry players looking to improve their market position since it provides a thorough analysis of the market’s opportunities, challenges, and drivers. Request a sample report @ https://www.orbisresearch.com/contacts/request-sample/7428571 The report’s capacity to describe the profitability potential for purchasers is one of its main features. The report shows where purchasers may make more money by examining the supplier chain, production expenses, and pricing structures. Customers can make well-informed selections about what to buy thanks to the insights it offers about supplier negotiations and aggressive price tactics. Emerging trends and technologies that have the potential to upend the market are also covered in the research, giving stakeholders an advantage over rivals. The analysis in the Global Enterprise Full-Chain Digital Transformation Solution Market Report looks at several […]

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