SINGAPORE : CrimsonLogic , a member of the PSA Group , has forged a strategic partnership with ZONIQ , an official Mendix training and development partner, to leverage the Mendix low-code platform. This collaboration aims to enhance the development and deployment of customised digital applications, providing scalable and efficient solutions for organisations. Mendix, a Siemens business, is a low-code software application platform which was named a leader in the 2023 Gartner® Magic Quadrant™ for Enterprise Low-Code Application Platforms. The platform is designed to facilitate collaboration between IT and business users, enabling the creation of critical enterprise software with speed and efficiency. Its robust security, high availability, and extensive integration capabilities help organisations modernise their application development processes. CrimsonLogic’s Vice President and Head of Asia Pacific Ernest Low said, “With the growing adoption of low-code development platforms, we are excited to join forces with ZONIQ to fully harness the agility of the Mendix platform. This partnership will enable us to deliver innovative and scalable digital solutions that meet the evolving needs of our clients. By combining our strengths, we can drive efficiency in application development, ultimately enhancing the digital capabilities of organisations.” RIYADH : The Saudi Arabia’s Zakat, Tax and […]

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MyDIGITAL Corporation and Bursa Malaysia Berhad have entered into a memorandum of collaboration (MoC) to empower Public Listed Companies (PLCs) in Malaysia achieve their environmental, social, and governance (ESG) goals through the adoption of digital technologies. The MoC formalizes the two parties’ existing collaboration through the Malaysia Centre4IR ESG Innovation Challenge, announced last month, the duo said in a statement on last Friday. According to the statement, the MoC aligns with the Malaysian government’s efforts via the Ministry of Digital, to support companies in accelerating their ESG journey through digital transformation. In particular, there is emphasis on the need for Fourth Industrial Revolution (4IR) technologies to be at the forefront of this transformation, enabling corporates to address pressing challenges. Under the scope of the MoC, MyDIGITAL Corporation and Bursa Malaysia will explore a range of initiatives, including co-authoring thought leadership publications; best practices exchange and hosting the Malaysia Centre4IR ESG Innovation Challenge. Firstly, the duo will leveraging the Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) network, in affiliation with the World Economic Forum (The Forum), to produce content on sustainability, green supply chain management, digital transformation, and other related fields. Secondly, they will facilitate knowledge exchange between Bursa […]

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Akkodis, a global digital engineering company, has released a study titled ‘What CTOs Think: Navigating the Path to the AI Enterprise’ . The report, based on a survey of 2,000 C-suite leaders across 9 countries and 18 sectors, reveals insights into the challenges and opportunities in digital transformation. Key findings include: 1. CTOs see ‘catalyzing business growth’ as a top benefit of digitalization. 2. 60% of CTOs believe their organization’s leadership lacks sufficient AI skills. 3. Only about half of organizations offer AI usage guidance and ethical data use frameworks. 4. CTOs anticipate widening digital skill gaps and increasing wages for technical staff. 5. There’s a need to balance building, buying, and renting talent, with a focus on upskilling existing employees. The study emphasizes the importance of cross-departmental collaboration and addressing skill gaps to successfully transform into an AI-powered enterprise. Positive CTOs recognize digitalization as important for business growth 80% of CTOs are ‘very confident’ in their AI plans CTOs are focusing on upskilling and reskilling existing employees Generative AI is expected to positively impact workforce strategies Negative 60% of CTOs believe their organization’s leadership lacks sufficient AI skills Only about half of organizations offer AI usage guidance and […]

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Contract Signing Ceremony and Presentation of Plaque of Appreciation. Executives from Rizal Commercial Banking Corp. (RCBC), Versa Networks, Trends and Technologies, and VSTECS Phils., Inc. came together for the ceremonial contract signing and presentation of a plaque of appreciation to RCBC. This contract marks the largest deployment of Versa Secure SD-WAN in the country, aimed at upgrading the network infrastructure of RCBC’s branches and ATMs. This strategic partnership will significantly enhance RCBC’s digital transformation, providing seamless, secure, and high-performance connectivity across its entire network. In the photo (L-R): Leo Vallente, 3rd AVP and GM, Network Technology Group 2, VSTECS; Cherry Centeno, 3rd VP and Group GM, Value Business Group, VSTECS; Rachel Ler, Vice-President, APAC, Versa Networks; Jimmy Go, President and CEO, VSTECS; Nilo Zantua, Senior VP, CIO and Group Head, RCBC; Racel Samson, IT Head and First VP for Shared Technology Services Division, RCBC; Hasan Fard, Chairman and CEO, Trends and Technologies; Anthony Berjamin, IT Director and VP, Network and Communications Department, RCBC; Rodgerson Dy, Business Unit Head, Service Provider Group, Trends and Technologies; Nestor de Vera, Network Infrastructure and Security Technology Group Head, Trends and Technologies; and Joshua Mallabo, Account Manager, Trends and Technologies. VSTECS Phils., Inc., the […]

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QATAR, UAE, Sept 10, 2024 – (ACN Newswire) – A prominent financial institution in Qatar has undergone a major digital transformation, significantly enhancing customer experience and maintaining its competitive edge in the banking industry. At the core of this transformation is a cutting-edge mobile banking app designed for seamless account management, money transfers, bill payments, and mobile wallet services. This app features a user-friendly interface and robust security measures, ensuring that customers have convenient and secure access to their financial services anytime and anywhere. Additionally, advanced chatbot solutions and AI-driven virtual assistants offer immediate support and personalized product recommendations, further enriching the overall customer experience. The organization has also streamlined its internal operations by automating critical back-office tasks such as loan processing and document management. This automation not only boosts operational efficiency but also promotes greater financial inclusion by making banking services accessible to a broader audience. By embracing cutting-edge technology and innovation, the institution continues to set the standard for digital banking in Qatar, underscoring its commitment to providing sophisticated, effective, and accessible banking solutions. These digital transformations are directly contributing to Qatar’s Vision 2030, which aims to build a knowledge-based economy driven by innovation and technological advancement. […]

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Stuart Gentle Publisher at Onrec University Will Leverage Workday AI Embedded Solutions to Drive Impact Across The Organisation and Unlock New Levels of Innovation. Workday Inc , a leading provider of solutions to help organisations manage their people and money , today announced that University of Hull will leverage Workday Financial Management and Workday Human Capital Management (HCM) to meet its digital transformation goals. The Workday platform will replace a number of the university’s legacy systems with a single source of truth, bringing together real-time key insights, streamlining decision-making, achieving cost-savings and providing a seamless experience for employees. To help ensure smooth implementation, the University has selected KPMG as its implementation partner for this major transformation journey. University of Hull (UoH), a progressive English university founded in 1927, is highly regarded for its focus on empowering innovative thinking and fostering the next generation of changemakers. As part of its digital transformation journey, the university sought a solution to streamline core processes across all aspects of the organisation to improve reporting, analytics, and decision-making. UoH will be working closely with Workday to not only connect HR and finance data, but also provide AI powered insights and recommendations needed to help […]

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Commits to $26 Million Capital Raise Alongside Existing Investors NEW YORK, Sept. 10, 2024 /PRNewswire/ — Versana today announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also participated in this round. In addition, Barclays joins as a subscriber and provider of its agented corporate loan data, becoming the tenth bank to commit to Versana’s next-generation platform. As a major player in the U.S. and Europe, Barclays’ inclusion is clear evidence of Versana’s growing success in transforming the $7 trillion broadly syndicated loan and private corporate credit markets globally. "The significance of bringing Barclays in as an investor, subscriber and agent data contributor is a huge win for the global syndicated loan market," said Versana’s Founding CEO Cynthia E. Sachs . "Their significant commitment, alongside meaningful follow-on investments from our existing investors, validates the market’s confidence in our game-changing platform." The addition of Barclays as a key stakeholder also advances Versana’s plans to expand globally. Barclays’ long-established foothold in the U.K. and Europe, along with its franchise in the […]

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Leading Operator in Cyprus Will Upgrade to Netcracker Digital BSS and OSS in the Public Cloud, Along With Professional Services, to Support B2C and B2B Customers WALTHAM, Mass., September 10, 2024 –( BUSINESS WIRE )– Netcracker Technology announced today that Cyta, the leading telecommunications provider in Cyprus, has chosen Netcracker to deliver a full-stack IT deployment as part of a large-scale digital transformation. Cyta, which provides a wide range of services to residential and business customers, has built an island-wide 5G network and made a significant investment in fiber, necessitating the upgrade from a legacy IT infrastructure to a modern BSS/OSS platform in order to monetize its network and deliver exceptional experiences. Netcracker Digital BSS and Digital OSS , part of the flagship Netcracker Digital Platform , are the foundation of an overarching transformation that will help Cyta shift away from an inefficient system that was inadequate for a next-generation network. The program will bring significant results to the consumer and business segments, including improved internal efficiencies, faster time to market and an enhanced customer experience. "We are delighted to enter into this important agreement with Netcracker to evolve our critical BSS and OSS processes and give us the […]

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New York, NY, Sept. 10, 2024 (GLOBE NEWSWIRE) — CTERA , the leader in edge-to-cloud file services, today announced it has expanded its partnership with MTI, a Ricoh Company, a specialist provider of cyber security and data center solutions and services delivering a full portfolio from assessment, design, and deployment support to ongoing management. MTI was CTERA’s partner of the year in 2023 and will now focus on leading the full range of digital transformation initiatives to deliver unprecedented performance in a full stack solution. The focus of the agreement between CTERA and MTI is to continue to deliver customized, global managed services associated with enterprise class storage, with simpler implementation and affordability. MTI has been working with CTERA to develop solutions to provide comprehensive, full-scale solutions that cost-effectively reduce data center footprint. "At MTI, it is our mission to provide the highest level of assessment, expertise and solution deployment to our growing list of clients,” said Didier Pichon, vice president, sales and marketing, MTI. “With CTERA, we are able to deliver some of the industry’s best cyberstorage solutions, for increased business agility and a personalized digital transformation initiative customizing the customer’s specific needs. We have enjoyed MTI’s increased […]

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