DTI chief stresses importance of digital transformation to attract more investors

DTI chief stresses importance of digital transformation to attract more investors

By Gabriela Baron Department of Trade and Industry (DTI) Chief Fred Pascual on Thursday, Jan. 19, stressed the importance of digital transformation to attract potential investors to invest in the Philippines. Pascual joined on Tuesday the CEO Dialogue on the Philippines alongside President Ferdinand R. Marcos Jr. and other members of the country’s economic team on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland. During the dialogue, Pascual discussed the country’s trade and investment priorities aimed at uplifting the lives of Filipinos and attracting strategic trade and investments in the Philippines, especially in renewable energy, high-tech manufacturing, and innovation sectors. “To further attract investments in the Philippines, it is imperative that we facilitate industrial transformation that will complement our economic recovery initiatives. We at DTI consider science, technology, and innovation, including digital technologies as our main drivers,” Pascual said. “STI [Secretary of Trade and Industry] will facilitate the development of new goods, services, and even industries; increase production efficiency, and strengthen industrial linkages,” he added. Pascual also participated at the “MSME’s Going Global” session where he shared the government’s initiatives to assist micro, small, and medium-sized enterprises (MSMEs) improve productivity and increase market reach through financing […]

Cisco and Grand Duchy of Luxembourg Renew their Collaboration in Digital Transformation

Cisco and Grand Duchy of Luxembourg Renew their Collaboration in Digital Transformation

Cisco and Grand Duchy of Luxembourg Renew their Collaboration in Digital Transformation. Xavier Bettel, Prime Minister of the Grand Duchy of Luxembourg and Chuck Robbins, Chair and CEO of Cisco Today, at the World Economic Forum in Davos, Switzerland, Xavier Bettel, Prime Minister of the Grand Duchy of Luxembourg and Chuck Robbins, Chair and CEO of Cisco announced new initiatives to help accelerate digital transformation in Luxembourg. These will focus on three pillars; cybersecurity, talent development and education, and sustainability. As part of its Country Digital Acceleration (CDA) programme, Cisco will continue to support Digital Luxembourg, the Grand Duchy’s long-term digitalization movement. ‘Since the start of our collaboration with Cisco in 2018, we have made great progress in addressing challenges like cybersecurity and digital education. Today, we have agreed to further develop these initiatives and embark on new areas. We intend to utilise Cisco’s expertise in the field of sustainability to accelerate our Net Zero strategy. Reflecting upon the success of our first Country Digital Acceleration partnership with Cisco, I am confident that we will continue delivering on our joint objective to facilitate Luxembourg’s country-wide digitalization’, said Prime Minister Xavier Bettel. ‘Luxembourg’s top position across various international rankings demonstrates […]

Aboitiz Construction partners with Fragile to Agile to pursue Digital Transformation

Aboitiz Construction partners with Fragile to Agile to pursue Digital Transformation

TRANSFORMING THE BUSINESS. Aboitiz Construction signs a partnership agreement with Fragile to Agile (F2A) to help design the digital roadmap of the Aboitiz Group’s construction arm. In photo (from left): F2A Lead Architect Ezekiel Vozzo, Aboitiz Construction Executive Director Antonio Peñalver, and F2A Founder and CEO Glenn Symth. In line with the Aboitiz Group’s Great Transformation growth strategy to become the Philippines’ first Techglomerate, Aboitiz Construction inked a partnership with visionary consultants Fragile to Agile (F2A) to help design the digital transformation roadmap of the Aboitiz Group’s construction arm. “We are embarking towards a transformational journey because we envision a company where 100 percent of our processes are digitized. Our consulting engagement with Fragile to Agile will help us propel towards becoming the top-of-mind construction company in the country,” Aboitiz Construction Executive Director Antonio Peñalver said. The engagement will begin on Monday, January 23, setting Aboitiz Construction up for a transformative year. Through the partnership, the enterprise architecture created will significantly increase Aboitiz Construction’s agility in the construction and maintenance business segments. The Group’s Great Transformation is driven by transformed team members. The consulting engagement involves a series of interviews, capability-building sessions, and discussions with relevant team leaders and […]

Cyret Technologies and Instron Technologies Join hands to Accelerate the Digital Transformation in Manufacturing Sector

Cyret Technologies and Instron Technologies Join hands to Accelerate the Digital Transformation in Manufacturing Sector

Cyret Technologies Partners with Instron Technolgies – Official Signing Cyret Technologies and Instron Technologies Announces Strategic Partnership Cyret Technologies and Instron Technologies Announce Strategic Partnership to Accelerate the Business Process Management with Operations Environment Management. Cyret & Instron Technologies will focus on a digital transformation for our clients by automating their business process management with Instron’s Digital Factory Solution & Automation Expertise.” — Milind Inamdar, President, Cyret Technologies India Pvt. Ltd. PUNE, MAHARASHTRA, INDIA, January 19, 2023 / EINPresswire.com / — Cyret Technologies and Instron Technologies are pleased to announce that they have entered into a global strategic partnership, combining Cyret’s strengths in ERP & IT Consulting Services with Instron Technologies’ industrial automation and cross-domain engineering expertise. Industry 4.0 has been a buzzword for a while yet there is a dearth of reliable solutions and executing partners. Cyret-Instron Technologies partnership synergy will benefit customers in the manufacturing domain wherein digital factory solution is a tangible need. "Together, Cyret & Instron Technologies will focus on a complete digital transformation for our clients by automating their business process management with Cyret’s 20+ years of expertise in ERP Implementation & Services powered by Instron’s Digital Factory Solution and Automation Expertise." – Milind […]

InfoPoint hybrid conference: Advancing Africa-Europe digital cooperation through knowledge sharing

InfoPoint hybrid conference: Advancing Africa-Europe digital cooperation through knowledge sharing

As digitalisation is systematically and rapidly becoming an important part of our economies and societies, the global demand for know-how, skills and experiences related to the topic is increasing. D4D Access is a knowledge platform that centralises, promotes, and disseminates African and European good practices and lessons on Digital for Development (D4D). Covering a wide range of topics, from e-governance to digital entrepreneurship, D4D Access contains many useful resources to support digital stakeholders in Africa and Europe – public institutions, donors, academia, companies, and civil society organisations – to advance an inclusive and sustainable digital transformation. Practical information Description InfoPoint conference: Advancing Africa-Europe digital cooperation through knowledge sharing Introduction The changes brought by new digital technologies and policies are unprecedented. Across Africa and Europe, unique examples are multiplying on how the ongoing digital transformation can improve people’s lives by increasing avenues for civic, political and economic engagement, as well as making policy developments more effective, transparent and responsive. In a field so rapidly evolving, knowledge sharing can be a critical catalyst for sustainability. As recalled by the 2030 Agenda for Sustainable Development , knowledge sharing on mutually agreed terms is key to the achievement of the SDGs. By making […]

Using Goldratt’s Theory Of Constraints For Digital Transformation: A Case Study

Using Goldratt’s Theory Of Constraints For Digital Transformation: A Case Study

Start-up investor. Founder & CEO of Roonyx Inc. Newest product, Orchea—a way to manage team load, financials, and outcomes—coming soon. getty Over a decade ago, my company had to digitize the entire sales process for a dealer network from scratch. This was our first large-scale project and it defined us as a company. Using this experience as a model, I’d like to show how you can approach any new customer’s problems using Eliyahu Goldratt’s theory of constraints . Pain Points At first, my company sold our customer relationship management (CRM) tools to one-off dealers. Soon they wanted to deploy the CRM across their dealer network. The pain points, which are common to many companies, included: • No visibility into the sales process. • Prospects and customers slipping through the cracks. • High customer and sales talent churn. • Bad customer experience with salespeople. The Search For The Ideal Solution We had the CRM and could onboard hundreds of dealerships with their managers and salespeople with no problem. The difficulty at the time was updating analog phone systems to digital. I think you will find upgrading and updating systems to often be a major hurdle. For our situation, there were […]

Doxee with Simest for Italian digital transformation in Europe

Doxee with Simest for Italian digital transformation in Europe

(Alliance News) – Doxee Spa has announced that it has entered into an investment agreement with Simest Spa aimed at supporting the internationalization of the company and its Austrian subsidiary Doxee CEE Gmbh. The agreement aims to obtain from Simest a dual support since it will act as both lender and shareholder – in both cases, up to a maximum of EUR2 million – through the entry with a minority stake in the share capital of the Austrian subsidiary established in August, with capital wholly owned by Doxee, after the transfer – which took place on Wednesday – from Doxee to Doxee CEE of the shareholding representing 90% of the share capital of Infinica Gmbh. The company recalls that 90 percent of the share capital of Infinica, an Austrian technology vendor active in CCM, which has its own branches in Germany and Slovakia, was acquired by Doxee in September. "The acquisition was strategic as the Austrian company owns an internally developed SaaS platform focused on the delivery of CCM services dedicated to the creation and distribution of personalized on-demand and interactive documents," Doxee explained in a note. In detail, the investment agreement calls for Simest to underwrite an aucap […]

The digital transformation powering Saudi Arabia’s shift to an innovation-driven economy

The digital transformation powering Saudi Arabia’s shift to an innovation-driven economy

The Saudi government’s Vision 2030 initiative aims to diversify the economy and boost the contribution of the private sector to national GDP Saudi Delegation to WEF is a Business Reporter client When we think of the future and technological advancements, perceptions are often shaped by movies and TV shows. Visions of conversational robots, flying cars and entire populations clad in silver jumpsuits are the classic stereotypes. Four-wheeled AI-powered robots ushering visitors through Riyadh airport and welcoming them to Saudi Arabia in dozens of different languages is perhaps a less often imagined future at this stage. But such technological capabilities are becoming a reality in the kingdom – as visible a symbol of the ongoing technological and digital transformation underway as any in the world today. As part of the Saudi government’s Vision 2030 initiative, which aims to diversify the economy and boost the contribution of the private sector to national GDP, the development of localised Fourth Industrial Revolution (4IR) solutions will propel the kingdom’s shift towards an innovation-driven, knowledge-based economy. So far, the plan seems to be working. Saudi Arabia’s digital sector is valued at around $40 billion , comprising 318,000 jobs and making it one of the largest […]

To Meet Sharp Increase in Demand for Digital Transformation Services, ACC Announces Strategic Hire of Michael Stephens

To Meet Sharp Increase in Demand for Digital Transformation Services, ACC Announces Strategic Hire of Michael Stephens

Automated Control Concepts appoints Michael Stephens as Executive Vice President Sales & Business Development – Manufacturing Digital Transformation in a strategic hire to support an increase in demand for the company’s digital transformation solutions. NEPTUNE, N.J., Jan. 19, 2023 /PRNewswire-PRWeb/ — Automated Control Concepts (ACC) , a provider of digital transformation solutions and consulting services to life sciences and manufacturing companies, today announced the strategic hire of Michael Stephens as Executive Vice President Sales & Business Development – Manufacturing Digital Transformation. Working together with ACC’s executive team, Stephens will focus on business development and strategy for ACC’s digital transformation and smart factory solutions for the manufacturing industry. Based out of California, Stephens will support the company’s growing client base across the U.S. and globally in manufacturing intelligence solutions. "Mike’s depth of experience, approach to solving operational problems and history of successfully leading his customers on their digital transformation journey aligns perfectly with ACC’s vision to enable our customers’ success by using technology and data," said Kevin Hannigan, CEO of Automated Control Concepts. "I’m excited to see Mike’s thought leadership help sharpen the focus of our team to deliver exceptional solutions to our customers." With more than three decades of […]

DTI, P.J. Lhuillier to boost digital transformation of MSMEs

DTI, P.J. Lhuillier to boost digital transformation of MSMEs

FREEPIK THE Department of Trade and Industry (DTI) has linked with P.J. Lhuillier Inc. (PJLI) to assist the digital transition of micro, small, and medium enterprises (MSMEs) across the country. In a statement on Thursday, the DTI said that the Negosyo Center Program Management Unit under its Regional Operations Group has partnered with the PJLI to further promote ease of doing business amid surging digitalization. PJLI is the parent firm of micro-financial services provider Cebuana Lhuillier, which offers pawning, remittance, micro-insurance, and micro savings. Under the partnership, the DTI will feature a website called “MSME Business and Shared Services Center” that will assist MSMEs with their financial requirements such as financing, micro-insurance, micro-investments, business advisory, and payment and settlement options. The partnership between DTI and PJLI was finalized via the signing of a memorandum of understanding. The website will be accessible in any web browser and across kiosks in selected Cebuana Lhuillier branches. The project will complement the DTI’s Negosyo Centers across the country, which provide access to government services such as business registration. As of Dec. 31 last year, the DTI has established 1,355 Negosyo Centers across the country. “The collaboration stipulates commitments towards the development of a […]