a group of people posing for the camera New York: Today, at a special event on the sidelines of United Nations Summit of the Future hosted at UN Headquarters in New York, the Digital Cooperation Organization (DCO) and the United Nations Development Programme (UNDP) signed a new agreement to foster expanded digital cooperation to accelerate digital transformation around the world and boost efforts towards the achievement of the UN Sustainable Development Goals (SDGs) by 2030. DCO Secretary-General, Deemah AlYahya, and UNDP Administrator Achim Steiner, signed a global Memorandum of Understanding to expand cooperation on advancing digital policy; enhancing digital indices and research; improving digital capacities and skills; promoting digital solutions and meaningful participation women in ICT; as well as fostering global advocacy for bridging the digital divide. “DCO is dedicated to working hand-in-hand with stakeholders to bridge the digital divide, ensuring that every nation, business, and individual has equitable access to the opportunities of the digital economy,” stressed Deemah AlYahya, Secretary-General of the DCO. “Today, we are happy to strengthen our collaboration with UNDP, enabling us to advance digital cooperation and drive meaningful synergies. By aligning our shared visions and objectives, we are focused on implementing concrete initiatives that […]
Did a digital obsession ‘Just Do It’ in for Nike’s John Donahoe?
“The man who made Nike uncool” Bloomberg called him – and 10 days later CEO John Donahoe was toast, to the delight of shareholders. News of his impending departure (Donahoe will be replaced on October 14) saw critics of his leadership come screeching out of the woodwork. Amongst their complaints (other than poor share performance) was a rupture with retail partners and narrow focus on digital channels. Donahoe joined Nike in 2020 when bricks-and-mortar stores were shutting as the pandemic started – and retailers without digital channels and direct-to-consumer muscle were realising their predicament. Donahoe and Nike was arguably a natural fit at the time. His background at eBay and Silicon Valley experience saw him prioritise what are widely regarded in most businesses these days as two linchpins of success. Owned channels that directly reach your customer. Rich first-party data gleaned from those channels. Donahoe had admirable success here. Nike’s digital share of business nearly tripled to 26% in fiscal 2023 from 10% in fiscal 2019. Nike.com alone now has more than 300 million users and processes $20 billion in sales yearly – whilst four applications (SNKRS, the NIKE Mobile App, NTC and NRC) have hit over 500 million […]
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EXPLAINING BIOMETRICS
DIGITAL ID for ALL NEWS MOSIP takes on identity management challenges with hackathon, uni partnership Nigerian leader pledges support for digital ID expansion amid DPI investment plans Nigerian digital ID startup Regfyl raises $1.1M to address Africa’s AML compliance challenges Fees for failed biometric verification enforced as Pakistan makes process mandatory Maldives outlines plan to upgrade digital ID system with $10M from World Bank Philippines plans to complete universal digital ID registration in 2025 Digital rights, inclusion primordial for Africa’s DPI pursuits: Paradigm Initiative Experts outline risks Zambia must overcome to advance its DPI implementation Fayda digital ID critical to Ethiopia’s 2025-2030 digital govt strategy: official G20 ministers pledge AI transparency and digital inclusion with DPI at the core Daily Biometrics News Featured Company More Biometrics Companies ID for ALL FEATURE REPORTS Nigerian leader pledges support for digital ID expansion amid DPI investment plans Digital rights, inclusion primordial for Africa’s DPI pursuits: Paradigm Initiative Fayda digital ID critical to Ethiopia’s 2025-2030 digital govt strategy: official G20 ministers pledge AI transparency and digital inclusion with DPI at the core Identity Day 2024: Marking progress and urgency More Features and Interviews BIOMETRICS WHITE PAPERS 3 warning signs that your ID verification […]
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The lost capital of transformation: Why people’s connections count
Leading in Turbulent Times Join us on 10 October at 12:00 CET for IMD Professor of Strategy and Innovation Patrick Reinmoeller’s webinar on human-centered transformation as he explains why relationships matter. Register below Business transformation often focuses on technology and efficiency, but the importance of social capital – the relationships and connections within an organization – is often overlooked. As companies flatten hierarchies and cut layers, these connections can be lost, leading to demotivation and performance issues. In this webinar, Reinmoeller will explore the impact of eroding social capital, with real-world examples, and share strategies for leaders to preserve these vital connections during times of change. Tune in to learn how to keep your team engaged and your organization strong. Time: 12:00 (CEST) Name First Last Email Consent I am happy to be contacted by IMD, receive thought leadership, program information and personal advice.
Report Reveals Digital Transformation Progress in Container Shipping Industry
Stock Photo: Avigator Fortuner/Shutterstock Total Views: 66 September 20, 2024 Share this article The Digital Container Shipping Association (DCSA) has released its “State of the Industry Report 2024,” highlighting significant advancements in digitalization within the container shipping sector. Drawing on insights from 400 cargo owners and 45 industry leaders, this report outlines strategies to overcome obstacles and enhance efficiency, customer satisfaction, and sustainability throughout the supply chain. The report reveals growing adoption of digital tools and standards, while also identifying areas for improvement. Key findings indicate that 86% of cargo owners view digitalization as a means to enhance operational efficiency. Ports and terminals emphasize its role in enabling scalability, while banks point to its potential for risk reduction. The report also notes that digital standards are crucial for seamless operations across the supply chain. The DCSA, whose members include some of the world’s leading ocean carriers such as MSC, Maersk, and CMA CGM, has championed the adoption of electronic bills of lading (eBL) in the sector. The organization argues that transitioning from physical paper bills of lading could yield $6.5 billion in direct cost savings and facilitate $30–40 billion in annual global trade growth. This shift would not only […]
Digital transformation, AI & innovation programs | Masterclass
An IMD masterclass on leveraging digital strategy for business. Digital technologies such as AI and robotics offer endless possibilities for companies to enhance their operations and engage customers in new ways. However, many digital transformations fail to deliver lasting value because they try to tackle too much, too quickly. Strategy is about choice. Digital strategy is no different. In this masterclass, led by Didier Bonnet, Professor of Strategy and Digital Transformation , you’ll explore a practical framework to navigate the four essential battlefields of digital strategy and the unique challenges and opportunities of each. This session is great for executives who want to get a taste of learning at IMD and how to cut through the noise to focus on what truly matters in digital strategy. This session will give you: Clarity on the four key battlefields of digital strategy : Gain a clear understanding of the opportunities and challenges in each area—Modernization, data value extraction, business model choices, and open systems. A framework for strategic decision-making : Learn how to navigate these battlefields with a focused approach, ensuring your digital transformation efforts are aligned with your business objectives. Insights into digital transformation success : Discover how to approach […]
Using Digital Tools to Calm Overstocking Issues
66ed896e6d113db1812b53f5 Shutterstock 2123600078 Automation engineers are still grappling with supply chain challenges that emerged during the COVID-19 pandemic. Despite supply lines returning to near-normal conditions, issues like persistent microprocessor shortages and delays in receiving power equipment persist, Control reported. A lack of diversification in chip sources, especially for analog cards used in PLCs and drives, resulted in long lead times during the pandemic, with chips being diverted to industries like medical and automotive. To mitigate future crises, suppliers are increasingly diversifying their component sources and enhancing domestic production. This shift, while slow, is improving lead times and bringing stability to the automation industry. In response to past shortages, suppliers and customers have adopted new strategies, including overstocking to prevent future disruptions. Engineers are now more adept at digitalization, relying on downloadable software and virtualized services when hardware components are delayed. Virtual training programs have expanded, offering flexibility in education and equipment management. Read more in the full article from Control, an Automation World partner publication.
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The Voice Assistant Application Market is set to grow by USD 21.94 Billion from 2024-2028, driven by digital transformation and AI-powered market evolution – Technavio
NEW YORK, Sept. 20, 2024 /PRNewswire/ — The global voice assistant application market size is estimated to grow by USD 21.94 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 40.94% during the forecast period. digital transformation is driving market growth, with a trend towards growing demand for smart homes and development of smart cities. However, data privacy and security concerns associated with voice assistant application poses a challenge – Key market players include Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Apple Inc., Artificial Solutions International AB, Baidu Inc., Huawei Technologies Co. Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., Orbita Inc., Robin Labs, RoboBot Studio, Salesforce Inc., Samsung Electronics Co. Ltd., SAP SE, SoundHound AI Inc., Verbio Technologies SL, Voiceflow Inc., and Xiaomi Communications Co. Ltd.. Continue Reading Technavio has announced its latest market research report titled Global voice assistant application 2024-2028 Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Voice Assistant Application Market Scope Report Coverage Details Base year 2023 Historic period 2018 – 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR […]
UN survey results reflect govt’s digital transformation through SPBE: Azwar Anas – Front Row – The Jakarta Post
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G7, Culture Ministers Commit to Pursue Human-Centered Digital Transformation
Furthermore, they are committed to "promoting the ecological transition of the cultural and creative sectors, industries and cultural institutions" © Agenzia Nova – Reproduction reserved “We call for the full recognition and integration of culture and the creative economy in development processes and policies and will promote the inclusion of culture as an autonomous objective in future discussions on how to advance sustainable development after 2030”. This is what we read in the final declaration of the G7 Culture held in Naples under the Italian presidency. The Ministers of Culture of the G7 countries are committed to "pursuing an inclusive, human-centered digital transformation in the cultural field that supports economic growth and sustainable development, maximizes benefits and manages risks, in line with our shared democratic values and respect for human rights". This is what is stated in the final declaration of the G7 held in Naples. "We call for cultural aspects to be taken into account in the discussion on the governance of Artificial Intelligence and related initiatives, addressing cultural plurality and ensuring that the rights of cultural and creative professionals are effectively protected" and "we will use the potential of Artificial Intelligence to improve access to and participation […]