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Photo: Adobe Stock Metro Bank, based in the U.K., partnered with Infosys, a digital services company, to both improve its IT functions and digitally transform its banking services. In particular, the bank will use Infosys Topaz for generative AI, according to a press release. The bank aims to: Automate tasks. Enhance digital services. Refine its data. Deliver a better customer experience. "Metro Bank’s strategic vision and unique business model, combined with Infosys’ global expertise in driving growth and enhancing efficiencies for mid-sized banks, will significantly contribute to creating value and establishing a top-tier, customer-centric bank," Dennis Gada, EVP and global head of banking and financial services, Infosys, said in the release. "We are excited to collaborate with Metro Bank in driving this transformation by leveraging advanced digital and AI capabilities, banking domain experience, as well as modernization and automation focus through Infosys Topaz. Our shared goal is to continually enhance customer engagement, community focus, and the integration of physical and digital experiences, thereby accelerating growth and value creation for Metro Bank." "This collaboration with a world class provider like Infosys builds on the solid foundations we have already laid, unleashing our true potential, and creating a sustainably profitable and […]

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While digital transformation encompasses a wide range of elements, it has three fundamental pillars: process, technology, and people, and Artificial Intelligence (AI) is a central tech component, says Pham Tuan Anh, CIO of Becamex IDC Corporation. Tuan Anh shared this perspective on Thursday at the 2024 Information technology leadership community conference: Building an IT strategy for the future. The conference was part of the CIO (Chief Information Officer) Summit 2024 held in Ho Chi Minh City. Anh said AI plays a significant role within the technology framework, which is a critical pillar of digital transformation. “AI serves as a powerful tool that enables organizations to become smarter and accelerates the digital transformation process. However, transforming an enterprise is complex, and the human factor, particularly leadership, is crucial,” he said. Left to right: Vo Tan Long, chairman of MSB’s Technology Committee; Dang Hai Anh, CIO of PNJ; Pham Tuan Anh, CIO of Becamex IDC Corporation; and Nguyen Anh Nguyen, a member of the advisory board at Bamboo Capital Group. Photo courtesy of VietNamNet. “The role of IT leaders is to help other leaders, especially those who may not be tech-savvy, embrace change to create new value,” he added. AI will […]

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Thanks to the flexible direction of the Women’s Union at all levels, and the acumen and initiative of each cadre and member, the activities of the municipal Women’s Union and its chapters citywide are gradually being innovated in terms of content and methods to fit for the digital age. The programme "Accompanying female traders in digital transformation" held at the An Hai Bac Market, Son Tra District, by the Da Nang Women’s Union in coordination with its chapter in Son Tra District and the district’s Market Management Board. According to Vice Chairwoman of the municipal Women’s Union Nguyen Thi Huyen, the unit has flexibly organised many creative and practical activities, aimed at helping female traders proactively apply digital technology platforms to promote and support consumption connections, thereby increasing business and trading efficiency. This has helped enhance women’s economic power, meeting integration requirements, and contributing to the implementation of the national digital transformation strategy and the city’s socio-economic development goals in the current period. In addition, a number of activities have been organised to support female traders in digital transformation, green connection and circular economic development at the Tuy Loan Market (Hoa Vang District) and An Hai Bac Market (Son […]

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Get the next $EPAM alert in real time by email BlueOptima’s report reveals that more than 76.5% of EPAM’s lead developers exceed global productivity and quality standards NEWTOWN, Pa., Oct. 3, 2024 /PRNewswire/ — As organizations increasingly rely on outsourcing to accelerate their digital transformation efforts, understanding software development productivity and quality is crucial for optimizing software development lifecycles and making informed outsourcing decisions. EPAM Systems, Inc. (NYSE: EPAM ), a leading digital transformation services and product engineering company, today announced that EPAM’s developers have outperformed the global developer quality and productivity benchmarks set by BlueOptima , an independent organization specializing in evaluating and measuring software development practices against industry standards and global leaders. BlueOptima Report Confirms EPAM’s Excellence in Software Development Productivity. "We’re delighted that our global development teams have surpassed the independent quality and productivity benchmarks set by BlueOptima," said Balazs Fejes, President of Global Business and Chief Revenue Officer, EPAM. "In today’s cost-conscious environment, this achievement reflects our commitment to delivering exceptional and differentiating value across our global teams, proving that investing in EPAM’s high-caliber developer talent yields results that truly resonate in a competitive enterprise IT outsourcing marketplace." In BlueOptima’s Q2 2024 Global Benchmark Report […]

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Celonis Circles NEW YORK AND MUNICH, September 26, 2024 – Celonis , the leader in Process Mining and Process Intelligence , and Ardoq , a leader in Enterprise Architecture (EA), today launched a joint solution that closes the gap between business and IT. Using Celonis Process Intelligence platform and Ardoq’s modern EA technology, the solution creates an enhanced digital twin of the organization. This digital twin shows the correlation between IT operations and business process performance, enabling CIOs to align technology investments with business priorities. “Today’s CIO must strike a balance between running the business by optimizing IT and empowering the business through digital transformation,” said Eugenio Cassiano, SVP Strategy and Innovation at Celonis. “This new solution from Celonis and Ardoq gives CIOs unprecedented visibility into how IT and business performance relate to each other. It empowers them to make more informed strategic IT decisions and accurately track the business impact of system transformation initiatives.” Get the Ultimate Digital Twin with Celonis and Ardoq The importance of digital twin technology in modern businesses cannot be overstated. McKinsey analysis projects the global market for digital twin technology to grow by approximately 60 percent annually over the next five years, reaching […]

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Explore Magazine Subscribe Register Log in Trending Featured Book Club Editor’s picks Subscribe About Contact Trending In focus: Business transformation Sustainability Leadership Artificial intelligence Climate change Future readiness Talent Diversity, Equity and Inclusion G7 Summit 2024 Lessons in digital transformation from aerospace engineering 2 hours ago • by Didier Bonnet in Business transformation Magazine Videos Podcasts Business transformation Latest feature Lessons in digital transformation from aerospace engineering Aerospace veteran Mike Ambrose shares his insights on pulling off a successful digital transformation in one of the world’s most complex industries…. 2 hours ago • by Didier Bonnet in The Interview Watch video Learn More Trending now TV Narendran’s steely resolve to keep Tata Steel fit for the future 5 ways to kick bad habits Jay Mehta on why people should be at the heart of any business transformation Taking the lead: Mars Petcare and a purpose-led transformation Latest articles Lessons in digital transformation from aerospace engineering Read more shanghai elevated road junction and interchange overpass at night The next US administration must reassure China, not just deter it Read more shanghai elevated road junction and interchange overpass at night By striving to be globally competitive, cities are defining the future […]

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image: ©Just_Super | iStock Millions of people across the UK are set to benefit from improved public services, thanks to the government’s new initiative to harness cutting-edge technology A newly formed panel of twelve digital experts and academics will play a key role in shaping a 10-year vision for the future of digital government. Their aim is to drive innovation, reduce waiting times, and enhance the accessibility of public services. The new digital panel The panel, co-chaired by tech entrepreneur Baroness Martha Lane Fox and Paul Willmott, Chair of the Central Digital and Data Office, brings together some of the country’s brightest minds in technology and digital transformation. Among the members are Poppy Gustafsson, co-founder of cybersecurity firm Darktrace, and Dr Anne-Marie Imafidon, a leader in STEM education and digital inclusion. This diverse group will advise on how the government can make better use of technology to improve the efficiency and effectiveness of public services. This comes as the government reduces its digital transformation efforts under the Department for Science, Innovation, and Technology (DSIT), following a merger of three key units from the Cabinet Office and No. 10 Downing Street. The DSIT now oversees the development and management of […]

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Aamir Khan’s dialogue in the film 3 Idiots, “A machine is anything that reduces human effort,” is indeed true. Technology, the applied aspect of scientific knowledge, is meant to make our lives easier and save time. While technology is a saviour of our times, it comes with its own side-effects, such as screen addiction, forgetfulness, fragile relationships, anxiety and stress. The onset of COVID-19 brought about the need for physical distancing, accelerating the shift to online admissions (HT File) In our college, we too experience the sweet and sour aspects of technology. While tasks like processing salaries, maintaining records, results, and faculty data happen smoothly at the click of a button, the introduction of a technologically enabled system for student admissions has proven to be a formidable challenge. Get Unlimited access to Hindustan Times E-paper and Archives at 1199/- per year In the past, admission days in colleges used to be a festive time. Just after the summer vacation and before the commencement of a new academic session, the campus would be decked out with preparations, from installing waterproof tents to making seating arrangements for young aspirants and their guardians. The college lawns would sparkle with lush grass, and […]

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The National Association of State Chief Information Officers ’ (NASCIO) new State CIO Survey, released Tuesday during its 2024 Annual Conference, highlights public officials’ sentiments toward generative artificial intelligence (GenAI) and other technology trends that play a role in digital government. AI has already proven to be a topic of focus at the yearly convening of public-sector IT leaders, with experts talking about how to successfully implement the technology . And while last year’s survey focused largely on financial models , this year’s edition examines how an organization’s structure, workforce and technology portfolio can pave the way for digital transformation. During the conference session " The 2024 State CIO Survey: Building Blocks of the Next Generation CIO ," Washington state CIO Bill Kehoe emphasized a longer-term vision of making government services more digital and mobile, by understanding the current experience and using human-centered design practices to improve it: "It will take not only CIOs but collaborations with governors, legislators and agencies." The survey focuses on nine key topic areas for IT, starting with GenAI and including digital services, workforce, enterprise architecture, business continuity and cybersecurity funding. It compiles responses from 49 state CIOs. The demand for digital services is […]

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