Manmohan Singh leaves lasting impact on India’s digital transformation

Manmohan Singh leaves lasting impact on India’s digital transformation

Former Prime Minister of India Manmohan Singh (Photo/File) Dr. Manmohan Singh , renowned for his instrumental role in economic liberalisation, also left an indelible mark on India’s technological and e-governance landscape during his tenure as Prime Minister (2004–2014). His government’s initiatives laid the foundation for transformative programmes such as the National e-Governance Plan (NeGP) and Aadhaar, which have since become cornerstones of India’s digital infrastructure. National e-Governance Plan (NeGP): Launched in 2006, the National e-Governance Plan (NeGP) was a flagship initiative under Dr. Singh’s leadership, aiming to make government services accessible to citizens through digital means. The initiative leveraged significant efforts undertaken by the previous Vajpayee government and consolidated them into structured frameworks, extending e-governance beyond the central government to various state governments. Key elements included: Mission Mode Projects (MMPs): NeGP identified 27 MMPs focusing on critical areas such as agriculture, education, healthcare, and financial services. These projects digitised processes, reduced bureaucratic inefficiencies, and enhanced service delivery. Common Service Centres (CSCs): Initially conceptualised and launched under the leadership of Shri Atal Bihari Vajpayee, over 100,000 CSCs were further expanded during Dr. Singh’s tenure, enabling citizens to access services such as land records, certificates, and payment of utility bills. Public-Private […]

IT stock jumps 4% after winning digital transformation order from Indocool Composites

IT stock jumps 4% after winning digital transformation order from Indocool Composites

Shares of this micro-cap company specializing in computer hardware and software solutions rose 1.5 percent on Friday after securing a digital transformation contract with Indocool Composites Pvt. Ltd to implement GROW with SAP- proven solutions that are built on best practices, ensuring sustainable growth and success. Price Action During Friday’s trading session, ROX Hi-Tech Ltd’s share price reached an intra-day high of Rs.99.95 per share on Friday, rising 3.5 percent from its previous close of Rs.96.55 per share. What happened ROX Hi-Tech Limited has secured a significant contract with Indocool Composites Pvt. Ltd. to implement GROW with SAP, a solution designed to drive sustainable growth through best practices. The company sought a scalable and integrated solution to address limitations in its current system. GROW with SAP, covering key processes like Finance, Procurement, Sales, and Manufacturing, will streamline operations and improve efficiency using SAP’s cloud technology. ROX Hi-Tech will serve as the implementation partner for this digital transformation. Management Commentary Commenting on the collaboration, Mr. Jim Rakesh, Managing Director of ROX Hi-Tech Limited, stated, “ We are honored to partner with our client on their transformative journey towards digital excellence. By implementing GROW with SAP, we aim to empower their […]

Horizon Media Holdings Appoints Tech Visionary and Industry Powerhouse Bob Lord as Its First President

Horizon Media Holdings Appoints Tech Visionary and Industry Powerhouse Bob Lord as Its First President

Computer Software: Programming Data Processing Technology – Newly Created Role Underscores Horizon’s Focus on Enterprise Innovation, Technology Transformation, and Client-Centered Growth – NEW YORK, Jan. 3, 2025 /PRNewswire/ — Horizon Media Holdings, the parent company of Horizon Media, today announced the appointment of Bob Lord as President. With a career spanning more than three decades at the intersection of marketing, media, and technology, Lord’s leadership and expertise in digital transformation and innovation will help drive the next phase of growth for Horizon Media Holdings – meeting client demand and creating transformative value for clients across its portfolio. The newly created role will report to Horizon’s CEO and founder, Bill Koenigsberg. Bill Koenigsberg, Horizon CEO and Founder Horizon Media Holdings, the privately-held umbrella organization that includes Horizon Media – the world’s largest independent media agency – also houses affiliate agencies including Horizon Next (full-service marketing); Night Market (commerce); One Horizon (full-service advertising); HS&E (sports and experiential) Blue Hour Studios (social agency); First Tube (moments marketing); 305 (multicultural); and Green Thread (B2B marketing). As President, Lord will oversee the development and alignment of the company’s diversified businesses across each of its offices, integrating advanced technologies, data accessibility, and innovative solutions to […]

Diriyah Company accelerates digital transformation with SAP cloud solutions

Diriyah Company accelerates digital transformation with SAP cloud solutions

Diriyah Company embraces digital transformation with SAP cloud solutions Diriyah Company, the master developer behind Saudi Arabia’s ambitious Diriyah project, has taken a significant step forward in its digital transformation journey with the successful deployment of SAP Private Cloud Solutions. This cutting-edge initiative is set to streamline operations and enhance services for visitors, residents, employees, and partners across the 14-square-kilometre cultural and lifestyle destination. As one of the largest urban development projects in the kingdom, Diriyah’s adoption of SAP solutions provides a 360-degree operational overview, automating processes and enabling agile, data-driven decision-making. The deployment is part of the company’s strategy to future-proof its technological infrastructure while maintaining flexibility and scalability to support the project’s growing demands. The SAP-powered transformation includes the implementation of the SAP ERP Private Cloud Solution, designed to securely migrate core business processes to the cloud. Real estate-specific modules have been integrated to address industry-specific needs, while SAP SuccessFactors enhances human resource management capabilities. Additionally, SAP Ariba has been deployed to revolutionise procurement operations, and the SAP Business Technology Platform has been introduced to improve data management, application development, and automation processes. Jerry Inzerillo, Group CEO of Diriyah Company , highlighted the strategic importance of the […]

Kimberly-Clark expands Bengaluru GDTC, fuels digital transformation

Kimberly-Clark expands Bengaluru GDTC, fuels digital transformation

Kimberly-Clark’s Digital Technology global leadership team and India GDTC team in Bengaluru. Pic:PR Newswire Insights Kimberly-Clark’s Bengaluru Global Digital Technology Center (GDTC) has grown eightfold since 2018, driving advancements in AI, ML, and digital innovation. Key achievements include AI-powered platforms like Maestro, saving $20 million globally, and Procuree 3.0, enhancing procurement. GDTC fosters talent, collaboration, and innovation, shaping Kimberly-Clark’s digital future. Kimberly-Clark, a global leader in essential personal and family care products, continues to increase its commitment to India through its Global Digital Technology Center (GDTC) in Bengaluru. Established in 2018 with an initial investment of $2.5 million, the Bengaluru GDTC has seen remarkable growth, expanding its size by eight times in just five years. The center focuses on key areas and digital capabilities such as Data and Analytics, Artificial Intelligence (AI) including Generative AI, Machine Learning (ML), Cloud Transformation, Global Digital Operations & Automation, Digital Sales and Marketing, and Digital Supply Chain – all of which help drive efficiencies and improve customer experiences. Over the next three years, the GDTC plans to continue its expansion, focusing on advancing AI/ML capabilities and developing innovative digital solutions to boost operational efficiency and customer engagement. These capabilities further enhance Kimberly-Clark’s ability […]

Two-Wheeler Insurance Market Report and Global Forecasts 2024-2032: Innovative Insurance Solutions Propel Growth Amidst Digital Transformation, Rising Demand Driven by Enhanced Consumer Awareness

Two-Wheeler Insurance Market Report and Global Forecasts 2024-2032: Innovative Insurance Solutions Propel Growth Amidst Digital Transformation, Rising Demand Driven by Enhanced Consumer Awareness

Dublin, Dec. 30, 2024 (GLOBE NEWSWIRE) — The "Two-Wheeler Insurance Market Report and Forecast 2024-2032" report has been added to ResearchAndMarkets.com’s offering. Two-wheeler insurance market size reached a value of USD 115.30 billion in 2023. Aided by the increasing sales of two-wheelers and the growing need for financial protection against potential risks, the market is projected to further grow at a CAGR of 7.1% between 2024 and 2032 to reach a value of USD 214.04 billion by 2032. Two-wheeler insurance provides financial protection against physical damage and bodily injuries resulting from traffic collisions, theft, and other liabilities. This insurance is crucial for motorcycle and scooter owners, offering coverage for third-party liabilities and comprehensive protection for the insured vehicle. The policies typically cover various types of risks, including accidents, natural disasters, and theft, ensuring the financial security of two-wheeler owners. The increasing sales of two-wheelers, driven by their affordability, fuel efficiency, and convenience in navigating urban traffic, are propelling the global two-wheeler insurance market growth. With the rising number of two-wheeler owners, there has been a significant surge in the demand for insurance policies to safeguard against potential risks. Additionally, the growing awareness of the importance of insurance coverage and […]

Kenvue India’s Shipra Saraf shares three priorities for HR leaders in 2025

Kenvue India’s Shipra Saraf shares three priorities for HR leaders in 2025

Business Kenvue India’s HR head shares tips on creating a more agile, supportive, and inclusive work environment for a future-ready workforce. To navigate a rapidly evolving workplace landscape, Shipra Saraf, HR Head, India at Kenvue , suggests prioritise embracing digital transformation and HR technology, enhancing employee experience and well-being, and Diversity, Equity, and Inclusion (DEI) in 2025. Shipra says that by focusing on these priorities, HR leaders will be better equipped to create a more agile, supportive, and inclusive work environment for a future-ready workforce. Here are the top three focus areas for HR leaders suggested by Kenvue India’s HR head: Also Read: HR 2.0 – Future proofing strategies in the age of digital transformation 1. Embracing Digital Transformation and HR Technology Automation and AI Integration: Shipra suggests that HR leaders will prioritise integrating advanced technologies like artificial intelligence (AI) and machine learning to streamline HR processes. Investing in state-of-the-art HRMS and other digital tools to automate repetitive tasks, and improve efficiency and employee experience will be essential. Data-Driven Decision Making: Leveraging data analytics to gain insights into the workforce and make informed decisions will be crucial. Skill Development: Ensuring HR teams stay updated with the latest technological tools […]

Lee Soon-ho emphasizes digital transformation in Korea Securities Depository's New Year plan

Lee Soon-ho emphasizes digital transformation in Korea Securities Depository’s New Year plan

Lee Soon-ho, president of the Korea Securities Depository, noted in his New Year’s speech on the 2nd that the management goal for this year is to create customer value through ‘strengthening core financial infrastructure competitiveness’ and stated, "We will concentrate our capabilities across the organization for the successful establishment of the next-generation system." The Korea Securities Depository announces on Nov. 5 that it holds a commemorative event and conference under the theme ‘Digital Innovation and the Future of CSD*’ to celebrate its 50th anniversary. Lee Soon-ho, the president of the Korea Securities Depository, is delivering a congratulatory speech. /Courtesy of Yonhap News He said, "Despite challenging domestic and international conditions last year, our depositary institution made every effort for the stability and development of the Korean financial market and achieved significant results for the next 50 years," adding, "I would like to express my deep gratitude to all employees for fulfilling their roles and responsibilities in their respective positions to achieve these results." He further stated regarding this year’s management direction, "With rising economic uncertainty and the emergence of innovative financial products, our business is facing significant challenges, and this year is a time to make concrete movements toward […]

Singapore Turns Tech Beacon with Revolutionary Pharma Manufacturing & Digital Transformation

Singapore Turns Tech Beacon with Revolutionary Pharma Manufacturing & Digital Transformation

In the current pharmaceutical manufacturing environment, linking information technology (IT) with operational technology (OT) systems is increasingly vital. This integration enables a seamless exchange of information between these two historically separate domains – one focused on data management and the other on overseeing physical operations. This enables various aspects of the manufacturing process to gain insights from one another to boost efficiency and refine strategic decision-making. Digital transformation is essential for directing companies through the complexities of implementation and ensuring a seamless shift to a data-driven, digitally optimised manufacturing landscape. Singapore has been viewed as a global hub in Asia for many years, and has strived to stay ahead of the curve when it comes to technology adoption. The city-state has undergone continued transformation, emerging as a global hub for digital manufacturing, notably in the pharmaceutical industry. This evolution into a formidable pharmaceutical manufacturing powerhouse is characterised by a remarkable growth trajectory driven by substantial investments from international leaders and innovative local enterprises. The market is poised to reach SG$2.2 billion ($1.7 billion) by 2026, reflecting the resounding success of governmental initiatives, notably the establishment of the Biopolis research hub and the Experimental Drug Development Centre (EDDC). Prominent global […]

Yoon Poong-young drives SK C&C's growth through digital innovation this year

Yoon Poong-young drives SK C&C’s growth through digital innovation this year

Yoon Pung-young, President of SK C&C / Courtesy of SK C&C On the 2nd, Yoon Poong-young, CEO of SK C&C, stated in his New Year’s address, "Let’s make this year the starting point for customer digital transformation and business growth through artificial intelligence (AI)-based IT services." He also emphasized, "In the customer digital transformation journey that progresses through informatization (IT), digital transformation (DT), and AI transformation (AT), we must explore the latest technologies and assist in the customers’ business innovations." He noted, "DT and AT cannot be realized without a proper IT backbone and efficient operations." He urged, "To this end, we need to continuously pursue a shift centered around ‘Multi-Skill Set,’ operational and quality-related ‘Back to Basic’ improvement activities, and develop into a company with a solid business foundation."