CIO Leadership Live Middle East with Gigi Thomas, Group Head – IT & Digital Transformation at Ittihad International Investment LLC

CIO Leadership Live Middle East with Gigi Thomas, Group Head – IT & Digital Transformation at Ittihad International Investment LLC

Overview As a member of the senior management team, one of Gigi Thomas main goal is to make key contributions to the formulation of the company’s business and digital strategies. How is he doing this? CIO Leadership Live Middle East with Gigi Thomas, Group Head – IT & Digital Transformation at Ittihad International Investment LLC

China targets mobile IoT connection hike

China targets mobile IoT connection hike

China initiated moves to increase the use of mobile IoT in automotive, healthcare and smart home settings to advance digital transformation along with uncovering fresh industrialisation options. The Ministry of Industry and Information Technology unveiled a plan to up mobile IoT development, with goals around improving the sector’s supply chains, innovation capabilities and industrial value. China aims to have in excess of 3.6 billion mobile IoT terminal connections by 2027 through plans to back the establishment of at least five related industrial clusters. The nation also intends to set up more than ten mobile IoT industry demonstration bases. Mobile IoT connections stood at 2.6 billion at end-July, accounting for 59 per cent of its total terminal connections, the Ministry stated. China intends to strengthen “the foundational IoT network”, enhance its industrial innovation capacity, boost “the integrated application of smart technologies” and create a “favourable development environment”, the Ministry stated. The nation envisages employing mobile IoT to monitor manual or automated driving, along with providing information exchange, “complex environment perception and intelligent decision-making”.

Robotic Process Automation Market Growing with Significant Growth Rate of 33.8% | Government-Supported Digital Transformation Fuels RPA Adoption | Research by SNS Insider

Robotic Process Automation Market Growing with Significant Growth Rate of 33.8% | Government-Supported Digital Transformation Fuels RPA Adoption | Research by SNS Insider

Pune, Sept. 12, 2024 (GLOBE NEWSWIRE) — Robotic Process Automation Market Size Analysis: “ The report of SNS Insider states that the Robotic Process Automation Market size was valued at USD 2.8 Billion in 2023 and is expected to reach USD 38.4 Billion by 2032, growing at a CAGR of 33.8% over the forecast period 2024-2032. ” Increasing Need for Efficient Business Processes Boosts Market Expansion While government-led digital transformation initiatives have fuelled the adoption of Robotic Process Automation (RPA) in various verticals. More than half of public sector organizations across developed economies such as the U.S., Germany, and beyond are using RPA solutions to automate their repetitive manual tasks, without human intervention. For example, the American federal government spent more than $1 billion in its FY 2024 budget on a range of digital transformation initiatives, including deploying RPA solutions for healthcare defence and finance departments. This push toward digitization has not only improved efficiency but also resulted in better public service delivery, further encouraging private enterprises to follow suit. As governments worldwide increase funding for technological upgrades, including artificial intelligence and RPA, enterprises across sectors are experiencing improved data management, enhanced accuracy in financial reporting, and reduced human […]

M&A Activity in Digital Transformation in Law Firms Market to Set New Growth Cycle

M&A Activity in Digital Transformation in Law Firms Market to Set New Growth Cycle

Digital Transformation in Law Firms Market Advance Market Analytics published a new research publication on "Digital Transformation in Law Firms Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Digital Transformation in Law Firms market was mainly driven by the increasing R&D spending across the world. Some of the Major Key Players Covered in this report are Rocket Matter (United States), DPS Software (United Kingdom), Eclipse Legal Systems (United Kingdom), Page Light Prime (Singapore), AppFolio (United States), Abacus Data Systems (United States), Smokeball (United States), TrialWorks (United States), Matrix Pointe Software (United States), Thomson Reuters Elite (United States). Get Free Exclusive PDF Sample Copy of This Research � https://www.advancemarketanalytics.com/sample-report/163571-global-digital-transformation-in-law-firms-market?utm_source=Kavita_OpenPR&utm_id=Kavita Definition: Digital transformation in law firms is refer as a adoption of digital trend in law firms that is the shift to the clouds and internet of things to make business process easer for their clients. The ability to use new workflows to offer faster and better services at more accessible prices creates huge market differentiation for the firms who […]

SAP Completes WalkMe Acquisition to Enhance User Experience

SAP Completes WalkMe Acquisition to Enhance User Experience

SAP CEO Christian Klein announced the acquisition of WalkMe at SAP Sapphire. Pic: SAP SAP aims to streamline digital adoption with its US$1.5bn purchase of WalkMe, signalling a significant shift in enterprise software strategy German enterprise software giant SAP has announced that it has successfully completed its acquisition of WalkMe , a leading digital adoption platform (DAP) provider. The deal, valued at approximately US$1.5 billion, represents a significant premium of about 45% to WalkMe’s closing share price on 4 June 2024, the day the two companies agreed to binding terms. The acquisition, first announced during SAP’s 2024 Sapphire event in Orlando, Florida , underscores SAP’s commitment to enhancing user experience and driving productivity across its vast ecosystem of enterprise applications. By integrating WalkMe’s innovative technology, which enables seamless workflow execution across business software applications, SAP aims to address one of the most persistent challenges in enterprise software: user adoption and engagement. Christian Klein, CEO and member of the Executive Board of SAP SE, emphasised the strategic importance of this acquisition: “Applications, processes, data and people are the four key elements of a successful business transformation,” he said at the time of the announcement. !By acquiring WalkMe, we are doubling […]

Innovation Unleashed- Digital Transformation’s Role in Modern Financial Reporting

Innovation Unleashed- Digital Transformation’s Role in Modern Financial Reporting

By Rajendra Chitale The journey toward digital transformation in finance is no longer a distant aspiration but a present-day imperative. Accelerated by the recent global pandemic, finance leaders are reshaping how financial tasks, business processes, and workflows are managed. At the heart of this transformation is the integration of advanced digital technologies such as artificial intelligence (AI), blockchain, and automation innovations, which are replacing traditional processes with superior solutions to enhance the accuracy and efficiency of financial reporting. Automation and Operational Efficiency The shift from manual operations to automated processes represents a revolutionary change in the finance industry. Automation and cloud-based solutions significantly reduce the reliance on manual spreadsheets and repetitive tasks, thus minimizing human errors and enhancing the reliability of financial data. Technologies like robotic process automation (RPA) have provided an initial glimpse into the improvements possible in the record-to-report (R2R) process. However, the evolving financial landscape demands more sophisticated solutions that seamlessly integrate with existing ERP systems and adapt flexibly to changing financial environments. Leveraging Real-Time Data for Strategic Decision-Making In today’s dynamic financial landscape, the ability to process data in real time is invaluable. This capability ensures that CFOs and finance teams can access up-to-the-minute insights, […]

A guiding light for the digital transformation of the workplace

A guiding light for the digital transformation of the workplace

Advice Image: © HONGWEI/Stock.adobe.com The face of work has been irrevocably altered over the last number of years and with that has come significant upheaval for the workforce. Compared to previous decades or just the last couple of years leading up to the pandemic, working life as we know it is very different. Digitalisation has changed how we work, where we work and even the legislation that dictates our rights as employees . It is a brand new world, but like Rome, this new infrastructure wasn’t built in a day, nor is construction ever really over. As technology continues to create waves, both good and bad, it is important that employers guide the workforce through the tumultuous process of digital transformation. Here is how you can do that. Transparency No one likes to feel as though they are being left in the dark, particularly if the consequences have the potential to negatively affect them. Digitally transforming a company can involve a complete overhaul of existing systems, the reshuffling of personnel, a change in resource allocation and even job loss. Employees are naturally going to have reservations about technologies that could potentially replace them , so it is imperative that […]

Bluepath Robotics Drives the Future of Automotive Manufacturing with Innovative Automation at Detroit Summit

Bluepath Robotics Drives the Future of Automotive Manufacturing with Innovative Automation at Detroit Summit

As the automotive industry faces unprecedented growth and digital transformation, Bluepath Robotics showcases innovative robotic solutions at the Smart Manufacturing Automotive Summit in Detroit. With a focus on automation and strategic partnerships, the company is helping to shape the future of material handling and industrial automation. Istanbul, Turkey–(Newsfile Corp. – September 12, 2024) – As the automotive industry experiences an exponential leap forward, Bluepath Robotics is at the forefront, driving the digital transformation of manufacturing processes. At the recent Smart Manufacturing Automotive Summit held in Detroit, Bluepath Robotics unveiled its cutting-edge robotic systems designed to meet the evolving needs of the automotive industry, positioning itself as a key player in the sector’s future. Bluepath Robotics showcases its cutting-edge autonomous mobile robots at the Smart Manufacturing Automotive Summit in Detroit To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8552/223101_bluepath_robotics.jpeg The Summit, held on September 10, brought together industry leaders and innovators, and Bluepath Robotics stood out with its advanced solutions for industrial automation and material transport. The company’s autonomous mobile robots (AMRs) and traffic management software aims to revolutionize production processes, offering increased flexibility, efficiency, and speed in material handling operations across automotive factories. "The automotive industry is […]

QCOM Boosts Digital Transformation in Saudi Arabia: Stock to Gain?

QCOM Boosts Digital Transformation in Saudi Arabia: Stock to Gain?

Image: Shutterstock Qualcomm Technologies, Inc. ( QCOM – Free Report ) recently announced that it has collaborated with Aramco to deploy generative AI-powered Internet of Things (IoT) solutions to accelerate digital transformation initiatives in Saudi Arabia. The leading-edge solutions are designed to improve efficiency, safety and sustainability in industrial operations. The solution suite includes a Rapid Response Solution that bolsters situational awareness and minimizes operational disruptions with the help of on-device AI and computer vision. The system features autonomous AI drones equipped with generative AI flight control that provide quick and effective responses to onsite incidents. The Factory Monitoring Solution delivers real-time insights and predictive analytics to enhance operational efficiency and safety with advanced video surveillance. Utilizing multimodal inputs and hybrid AI in conjunction with on-device AI and edge cloud AI processing, the Equipment Maintenance Solution streamlines maintenance practices. Moreover, its AI native worker assist technology effectively predicts and prevents equipment failures, optimizing performance, lowering maintenance costs and reducing downtime. In addition to this, QCOM and Aramco also introduced the world’s first processors with native support for 5G in 450 MHz spectrum. The cutting-edge IoT processors called Qualcomm QCS8550 and QCS6490 are designed to deliver enhanced 5G connectivity with […]

Japan's digital transformation must not derail decarbonization drive

Japan’s digital transformation must not derail decarbonization drive

Data center-related power consumption is estimated to rise by 550 times by 2050 U.S. giants Oracle, Microsoft and Amazon Web Services have each announced multibillion dollar investments in Japan’s data center development. Will Fee is a researcher at the Tokyo-based Yuri Group. He is the lead writer of the GxxD series of reports, which explore the intersection between digitalization and green energy in Japan. Japan is in the midst of a political transition, with uncertainty surrounding its next leader’s agenda. However, one area likely to see continuity is the push toward a digital-first society, a key policy known as DX (digital transformation) championed by outgoing Prime Minister Fumio Kishida. Read Next Opinion Turned off but not tuned out: Japan’s floating voters crave options Latest On Opinion