Banks rush to quickly adapt to digital transformation

Banks rush to quickly adapt to digital transformation

Turkish public lender Halkbank says almost 97% of its daily transactions are carried out through digital services. (Reuters Photo) Türkiye’s public lender Halkbank is featuring a daily transaction volume of 6 million, 87% of which are made through mobile and internet branches, says Altan Taşkıran, its deputy general manager in charge of retail and digital banking With the digital banking license, lenders are now required to be as agile as financial technology startups. The pace of the digital banking competition in Türkiye is prompting lenders that focus on experience in the transformation of their customers to increase their investments. Stating that they have achieved an important transformation with a daily transaction volume of 6 million, Altan Taşkıran, deputy general manager in charge of retail and digital banking at Halkbank, says that the lender has adapted quickly to digital banking. “The figures show that the steps we have taken in the transformation have paid off. Now, 87% of all transactions that take place are carried out through mobile and internet banking, and 97% are carried out through digital services,” Taşkıran said. “In other words, we adapt to digital transformation with our millions of processing muscles. The transaction volume of the […]

Building a Roadmap for Digital Transformation of SMEs in Central India

Building a Roadmap for Digital Transformation of SMEs in Central India

Vaya Media was born in 2019 with Vineet Ramani’s, Founder of Vaya Media & VIDA, vision to transform companies from Traditional to Modern. As the leading Digital Marketing Agency in Chhattisgarh, Vaya Media exists to prove to all SMEs claiming ‘there is no business’ that ‘there is no business without reach’. Upon realising the potential of Tier-2 and Tier-3 brands, Vaya Media was founded to help brick-and-mortar businesses jump on the Digital bandwagon and compete with the digitally-advanced top brands head-to-head, making them a household name in their city and beyond, if not the country. As a startup pioneering the wave of Digital Marketing in Central India, Vaya Media’s biggest challenge was not acquiring clients but convincing them of the potential of digital platforms, especially since the transition from traditional marketing meant going beyond their comfort zone. Since its inception, Vaya Media has soared to incredible heights. With over 35+ committed experts, they have helped 130+ homegrown and overseas clients across different industries break through the clutter and thrive in the digital age. The agency has associated itself with businesses across various industry verticals like healthcare, real estate, education, fashion, and construction. A few of their esteemed clients include […]

CobbleStone Software Releases New Guide on the Importance of Digital Transformation

CobbleStone Software Releases New Guide on the Importance of Digital Transformation

This guide explores the essentials of digital transformation as well as the differences between digitization, digitalization, and digital transformation. "We at CobbleStone are excited to share the basics of digital transformation, what drives it, and how it can be applied," says Bradford Jones, Vice President of Sales & Marketing at CobbleStone Software. CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ 2022 report – has released a free guide to help contract professionals recognize vital differences and the effect that digital transformation can have on businesses. This new guide offers an in-depth explanation of digitization, digitalization, and digital transformation as well as what factors cause each and why they matter. Readers can learn how to apply digital transformation for more efficient, centralized business processes – including legal operations digital transformation with contract management software. "We at CobbleStone are excited to share the basics of digital transformation, what drives it, and how it can be applied," says Bradford Jones, Vice President of Sales & Marketing at CobbleStone Software. "We hope that contract managers – and business professionals more broadly – can define why digital transformation matters to their organizations and what it means […]

How to Significantly Reduce Development Cost and Timeframe with the Prebuilt IoT Platform?

How to Significantly Reduce Development Cost and Timeframe with the Prebuilt IoT Platform?

By Ivan Kuzlo, Engineering Director at CHI Software. The Internet of Things (IoT) concept emerged about 30 years ago and is now making headlines worldwide. Over the last decade, the IoT has become a global phenomenon. In 2022, it surrounds us from the time we wake up to the moment we fall asleep. Countless devices, gadgets, machines, buildings, and more are connected to the Internet. According to recent IoT Analytics research , there are more than 14 billion interconnected devices in the world, and this figure is growing daily. The world of technology is developing at an enormous speed. To help our clients get a competitive edge and keep up with these rapid changes, the CHI Software team figured out how to greatly simplify IoT development and reduce the product’s time to market. Any technician knows that beneath the most brilliant innovative idea, there is a simple workflow. With this thought in mind, we`ve created the Prebuilt IoT Platform to focus on what matters most. Let us take a look at the details! What Do I Mean by A Typical IoT Project Architecture? Our IoT expertise has spanned across a variety of domains since 2013. Each product we have […]

UST Receives Gold Recognition from Brandon Hall HR Tech Excellence Awards

UST Receives Gold Recognition from Brandon Hall HR Tech Excellence Awards

Recognition for Open Talent platform strategy marks UST’s tenth 2022 Brandon Hall Excellence Award ALISO VIEJO, Calif., Jan. 17, 2023 /PRNewswire/ — UST , a leading digital transformation solutions company, has won GOLD at Brandon Hall’s HR Tech Excellence Awards 2022 in the ‘Best Advance in Business Strategy and Technology Innovation’ category. This recent win brings UST’s total Brandon Hall Awards to 10 for 2022 . UST was recognized by judges for its use of Open Talent to accelerate UST’s internal HR digital transformation. UST’s innovative Open Talent strategy has allowed the company to attract the right talent at the right time to complete internal HR Transformation projects faster. As a result, UST saw an 83% reduction in time-to-market as well as an 81% reduction in the total cost of ownership as a result of these enterprise transformation project implementations. Furthermore, the approach also resulted in a superior employee experience as well as improved compliance and operational efficiency. Impacting 30,000+ associates globally, the open talent platform talent strategy has proved to be compliant, secure, timely, and effective. Without the reimagination of its talent strategy for HR systems functions, these organizational initiatives would not have been completed in the fiscal […]

Kellton debuts as Leader in 2022 Zinnov Zones ER&D Services Report

Kellton debuts as Leader in 2022 Zinnov Zones ER&D Services Report

NEW DELHI, Jan. 17, 2023 /PRNewswire/ — Kellton , a leading digital transformation company, made its debut feature as a Leader in the Zinnov Zones ER&D Services Ratings 2022 edition. This rating adds validation to the existing strong capabilities Kellton has in the Product Engineering domain. Kellton has been recognized as a leader in the Small & Medium Service Providers and Consumer Software segments by Zinnov , based on parameters like scalability, verticals served, client base and specialization. Kellton’s deep focus on Digital Engineering & Enterprise software verticals has also been recognized in this year’s ratings from Zinnov. With expertise in Digital Engineering, Kellton has capabilities across the service stack ranging from Digital Application Development, Application Transformation, Cloud to API Driven Development and more. Kellton has been working with over 200+ global customers through deep engagements in the Product Engineering space. Its unique ‘global presence with a local touch’ offering allows it to service all enterprises alike, from start-ups and early-stage enterprises to Fortune 500 companies. "We are very excited about this recognition from Zinnov. Kellton is committed to providing top-notch digital solutions that transform and revolutionize how leading companies operate. Our unique positioning with agility and stability means […]

Free Digital Marketing Training Programme for women entrepreneurs

Free Digital Marketing Training Programme for women entrepreneurs

Mysuru: Under the slogan ‘The Digital Transformation,’ UBUNTU Consortium of Women Entrepreneur’s Associations has organised a free Digital Marketing Training Programme for the women entrepreneurs of Mysuru, Mandya, Chamarajanagar and Kodagu districts, on Jan. 21 and Jan. 24. The online training will be conducted on Jan. 21 from 9 am to 1 pm, while the offline training will be conducted on Jan. 24, from 9 am to 6 pm at Skanray Technologies Auditorium, KIADB Road, Koorgalli, Hebbal Industrial Area. President of Mysore Chamber of Commerce and Industries (MCCI) K.B. Lingaraju told media persns this morning, “the social media and blog aided by internet have made it easy to reach the people. Hence, digital marketing assumes significance. The training programme intends at brand expansion, augmentation of revenue, reach from local to global level, easy learning, fast growth, multi techniques — B2B and B2C Marketing and building online campaign regarding the products.” Interested women can register online on the link given below: https://forms.gle/ HmqhVmkhgJhHc3339 Till date, 192 have registered for the training programme and the provision is made for the participation of 300 people. The laptop or Android mobile phones are must for the virtual training programme. Last date for registration […]

How the Attention Economy Is Driving Innovation in Digital Accessibility

How the Attention Economy Is Driving Innovation in Digital Accessibility

In the battle for consumer attention, brands have to embrace new and thoughtful methods of engagement. One solution is to embrace digital accessibility, which will open the doors to new target audiences, redefine content, build new opportunities and elevate the brand’s reputation and ROI, discusses Ezekiel J Rudick, director of content marketing at Siteimprove. From email spam to pop ads to push notifications, consumers are inundated with an unrelenting stream of content. According to recent research , the average consumer spent 474 minutes a day on digital media in 2020 – a number that only promises to increase. As more businesses accelerate their digital transformation efforts, consumers are becoming saturated with content, leaving them feeling burnt out and fatigued. With digitally native brands having a head start over legacy competitors, organizations need to prioritize how they are capturing the consumer’s finite attention span if they want to survive and thrive in this new digital economy. The battle for consumer attention has spurred the attention economy – an approach to the management of information that treats human attention as a scarce commodity. Digital consumers are human first and only have so much attention to give. For today’s brands to win, […]

‘Collaborative, human approach’ key to digital transformation: Saudi DCO’s Deemah AlYahya

‘Collaborative, human approach’ key to digital transformation: Saudi DCO’s Deemah AlYahya

Fostering collaboration and a human-centric approach in the digital economy is key to the sector’s future transformation, Deemah AlYahya, Saudi Arabia’s Digital Cooperation Organization secretary-general said at WEF 2023 DAVOS: Jan.17 : Fostering collaboration and a human-centric approach in the digital economy is key to the sector’s future transformation, Deemah AlYahya, Saudi Arabia’s Digital Cooperation Organization secretary-general, has told a Davos panel. With so much of the global population still lacking internet access, AlYahya told the World Economic Forum panel on Tuesday that the world cannot afford to have a “digital divide between nations” and inequality between haves and have-nots. “Looking at the speed of the digital transformation and the rapid increase of the digital economy, which is expected to be 70 percent of global gross domestic product (GDP) by 2030, if we don’t work together and cooperate now, we will miss out on a great opportunity,” she said. AlYahya warned that too often, even in places where connectivity is available, issues of affordability prevent people from becoming involved in the digital economy — an issue which she said cannot be solved by one nation, one government or the private sector alone. “We have to create the right methods […]

More rapid digital transformation courtesy of access to more industrial information

More rapid digital transformation courtesy of access to more industrial information

H Information "We can now see the results from the first open, deterministic industrial Ethernet that combines gigabit bandwidth with time-sensitive networking." What might it take for manufacturers to realize the full potential of smarter, more productive, and competitive factories? Modern technology enables information from machines to guide immediate adaptation and real-time, human decision-making. Fully realizing that future state will take the coordinated efforts of industry vendors for the benefit of their customers. It’s vital that suppliers work in concert to bring about digital transformation. No one vendor can supply all the products needed to transform manufacturing; it is essential that customers be able to select from the widest possible range of technologies and products to support their digitalization efforts. Partnerships, such as the TSN Industrial Automation Conformance Collaboration , assure that products from different vendors can coexist on a single TSN network and suppliers can compete to provide new solutions, especially in communications. With thousands of systems installed globally, this ensures continuity between time-sensitive networking (TSN) communication platforms, which prompts IT/OT convergence and enables automation vendors to deliver products that provide the right data from the right devices. As there are a multitude of disparate devices and networks […]