Digital transformation promises manufacturers the power to measure, connect, and unlock terabytes of data from the shop floor. Yet despite the promise of lucrative returns, the gains of digital transformation still remain unrealized with almost 70% of companies struggling to implement and scale their digital solutions, finding themselves trapped in “pilot purgatory” ( McKinsey Study) . This can be due to a number of factors such as project scoping and budgets, but in many cases the challenge starts at the very foundation of a company’s cloud journey where issues like legacy equipment connectivity, data operations, and scalability must be resolved in order to enable digital transformation. In the world of industrial automation and smart manufacturing, the ability to capture and analyze data from a wide range of assets and equipment is crucial when implementing industrial use cases such as asset monitoring, quality detection, and analytics. While primary sensors responsible for monitoring core processes are essential, secondary sensors can provide an even deeper level of insight that unlock new opportunities for optimization and improvement. In this blog post, we’ll highlight how the integrating AWS IoT SiteWise Edge with Belden (CloudRail) allows customers to connect to brownfield equipment, collect, and contextualize […]
India:LIC allocates US$72m for digital transformation
State-run Life Insurance Corporation of India (LIC), the country’s biggest life insurer, has committed INR6bn ($72m) for its digital transformation journey, according to the company’s chief risk officer Mr Sunder Krishnan. The insurance company also aims to go completely "paperless" within two years, reported PSU Connect , a news website that reports about public-sector undertakings. The life insurer’s digital transformation programme – Digital Innovation and Value Enhancement (DIVE) – is aimed at strengthening the insurance company’s digital platform to provide a superior experience to customers, field forces, partners, and employees.
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Pret A Manger Partners with YOOBIC to Support Digital Transformation Plans
Image Credit: U-STUDIOGRAPHY DD59/Bigstockphoto.com Pret A Manger has announced that it is partnering with digital workplace pioneer YOOBIC to support its frontline teams and power its ambitious global expansion plans. By deploying YOOBIC’s game-changing suite of tools across 525 shops in 15 international markets, Pret is empowering its fast-growing global team to deliver consistently excellent brand experiences while prioritising customer and employee safety at every step of the way. By bringing to life some of Pret’s extensively documented standard operating procedures into a unified virtual hub, YOOBIC gives frontline teams immediate access to the digital tools and information they need to succeed, while enabling senior leaders to maintain full visibility into and control over its global operations. From routine cleaning to brand standards to compliance with health and hygiene regulations, YOOBIC now ensures that every Pret team member at every level knows exactly what Pret expectations are. Already, Pret’s team members are using YOOBIC to monitor and manage over 65,000 monthly tasks across the company’s network of shops, with full tracking of task completion, follow-up action items, and compliance rates. YOOBIC’s digital task management helps employees stay on top of daily duties, allowing them to easily access information via […]
Vonage and SAP collaborate to accelerate digital transformation
Photo by cottonbro studio: https://www.pexels.com/photo/woman-using-a-computer-5473298/ Vonage announced a new collaboration with SAP SE to explore generative AI and NextGen use cases using Vonage’s Application Programming Interface (API) platform and SAP Business AI. Seckin Arikan Seckin Arikan , head of Business Unit API for Vonage, said, “With the increasing demands in customer expectations, businesses need to pivot their approach to designing and delivering more secure and enhanced engagement experiences for their customers and employees and become data-driven organisations set for success — and they need to do it faster and easier than before. Together, we aim to make new capabilities available to help developers create new applications for enterprises to reimagine their business, improve customer experiences, and create new communications and engagement capabilities.” World of possibilities The collaboration entails Vonage providing SAP access to Vonage network APIs from Vonage’s Communications Platform as a Service (CPaaS), including Quality-on-Demand (QoD), Device Location, and Number Verification. The two companies intend to work on generative AI and immersive services innovations on the SAP Business Technology Platform (SAP BTP) with Vonage’s network APIs. Michael Ameling “ We are delighted to partner with Vonage to revolutionise the use of SAP Business AI across the API landscape. […]
India’s Digital Transformation: Empowering MSMEs for e-commerce growth
India’s Digital India Mission marks nine years of progress, positioning the nation as a leading digital economy. As e-commerce is projected to reach $350 billion by 2030, the focus shifts to how MSMEs can harness this growth through digital integration, skills training, and supportive policies How can MSMEs leverage this digital growth in e-commerce to streamline their integration into this expanding digital ecosystem? Moneycontrol Opinion Tags: #digital economy #India #MSME #opinion first published: Sep 20, 2024 12:52 pm Discover the latest business news , Sensex , and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated! Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
Redefining HR in the Age of AI and Digital Transformation
HR is undergoing a revolution. In the face of digital transformation and AI advancements, HR leaders are stepping into more strategic roles—managing talent, boosting employee engagement, and aligning with broader business goals. But how can HR professionals navigate this change? In a recent CHRO Roundtable in partnership with Oracle, HR experts shared their insights on how AI and digital tools are transforming HR functions. From streamlining talent acquisition to enhancing employee well-being, the role of HR is evolving to become a key driver of organizational success in the Middle East. Watch now and redefine HR in your organization with Oracle.
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Uniphore Launches X-Stream To Boost EDT with Knowledge-As-A-Service
News , Technology September 20, 2024 Uniphore Launches X Stream To Power EDT with Knowledge-As-A-Service. Image Courtesy: Uniphore Uniphore, one of the largest AI-native companies, recently announced the launching of X-Stream, a breakthrough platform capability that industrializes the transformation of structured and unstructured multimodal data into domain-specific knowledge across the enterprise. Enabling “Knowledge-as-a-Service,” X-Stream brings together powerful tools, connectors, and controls to help organizations build their own AI applications and impact their business outcomes. Uniphore introduces X-Stream to revolutionize enterprise digital transformation with Knowledge-as-a-Service According to Industry sources, as an essential layer in Uniphore’s X-Platform , X-Stream will help enterprises move one step closer to AI sovereignty. It is the latest in a series of product announcements from the company aimed at helping enterprises leverage their data from various sources such as content management, CRM, data warehouses, and business applications to drive their digital transformation. Umesh Sachdev, CEO and co-founder of Uniphore. Image Courtesy: Uniphore “As enterprise AI adoption accelerates, leveraging its potential for scalable solutions is a top priority for CIOs,” stated Umesh Sachdev, CEO and co-founder of Uniphore. “With X-Stream, Uniphore is providing the world’s largest companies with a comprehensive toolkit to transform data into knowledge and […]
Infosys extends digital transformation collaboration with Posti
In This Article: Indian IT major Infosys has extended its collaboration with Posti, a delivery and logistics services provider in Finland, Sweden, and the Baltics. The partnership aims to bolster customer experience and operational efficiency while fostering innovation, scaling, and growth in Posti’s IT operations. The extended collaboration will see Infosys adopt an artificial intelligence (AI)-driven approach, using Infosys Topaz, an AI-first offering that employs generative AI technologies to enhance operational efficiencies and service quality. Additionally, Infosys Cobalt will deploy its live enterprise application management platform, a cloud-enabled platform, to deliver nextgen application management services that support enterprises in accelerating their cloud journey and driving business productivity. Over the past five years, Infosys worked with Posti to enhance its IT systems, reducing outages and disruptions, and bolstering the company’s ability to prevent and respond to cyber threats. Infosys has also modernised Posti’s consumer-facing applications, replacing legacy systems and processes with cutting-edge solutions. Posti Group CIO and SVP, ICT and digitalisation Petteri Naulapää said: “We are pleased to announce the renewal of our collaboration with Infosys for another seven years. By harnessing the power of AI through Infosys Topaz and cloud capabilities through Infosys Cobalt, we aim to create a […]
Merging digital transformation with employee experience
When optimizing your tech stack to refine the employee experience, how do you ensure that frontline workers aren’t left out of the mix? During Ragan’s Employee Experience Conference in Nashville last month, Blink. VP of Solutions Consulting Marcy Paterson shared how the employee engagement platform prioritizes frontline workers by facilitating cross-functional collaboration. “There’s been a lot of investment in digital transformation for knowledge workers, not as much for the frontline, she said. “That’s been an opportunity for us, to lean into that market and try to drive some digital inclusivity.” Here’s what stuck out. Transformative collaboration Paterson often finds herself talking with the Communications, HR, Operations or IT, but believes the real transformation Blink. can help drive is recognizing employee experience is a cross-functional initiative. “Those folks need to come together to provide more cohesive employee experience for that base, and not look at it as a fragmentation,” she said. This integrated approach also makes room for a wider view of how your workforce collaborates, too. “We talk a lot about this bifurcated environment where you have desk-based workers and frontline workers,” said Paterson. “In reality, your desk-based workers are often on the train or at home. Your frontline […]
Buenos Aires’ judiciary embraces digital innovation to rebuild trust
Bookmark Faced with a crisis of trust, the Public Ministry of Argentina’s largest state embraced digital innovation to make citizens’ lives easier, shares the Ministry’s Head of the 2050 Innovation Program, Patricio Moyano Peña. Buenos Aires’ Public Ministry has adopted an open governance approach to driving innovation in judicial services. Image: Canva This story is part of GovInsider’s new Digital Government initiative, which aims to feature stories from digital government agencies around the world. Click here to view our interactive map and reach out to editorial@govinsider.asia if you wish to contribute. The province of Buenos Aires – home to the city of the same name – is one of 24 states in Argentina and has over 17 million residents, nearly 40 per cent of the country’s population. Argentina, the eighth largest country in the world in terms of size, is plagued by low levels of trust in public institutions, with less than one in five expressing confidence in the judiciary according to recent studies . This is why the province’s Public Ministry (MPBA) has been “pushed to speed up digital transformation” to increase transparency, shares the ministry’s Chief Customer Officer and Head of the 2050 Innovation Program, Patricio Moyano […]