4 areas CHROs must consider for HR transformation

4 areas CHROs must consider for HR transformation

FangXiaNuo via Getty Images Liana Passantino is a senior principal research specialist at Gartner Inc. As CHROs face ongoing pressure to deliver operational excellence and create greater business value, they are looking to HR transformation as the solution. In fact, according to Gartner research from July 2024 , 87% of leaders believe that shifting business needs require continuous HR transformation. While many HR teams feel stretched thin and are experiencing constant change in today’s work climate, it’s important to recognize that HR transformation doesn’t have to be a massive change that happens all at once. Instead, CHROs can evolve — even if incrementally — the HR function’s leadership, capabilities, operating model or technology to better align with business goals to deliver more impact for all stakeholders. content image Access now➔ Trendline The top employee benefits companies are focusing on As employers prioritize retention, benefits remain a crucial piece of business’ employee value propositions. According to a December 2023 Gartner survey of over 415 global CEOs and senior executives, the workforce, including issues around talent retention, hiring and DEI, is the third business priority area for CEOs for 2025 after growth and technology. HR leaders can expect that as CEOs […]

Xpect Solutions Acquires GovDefender, Expanding Capabilities to Deliver Digital Transformation Solutions for Federal Law Enforcement

Xpect Solutions Acquires GovDefender, Expanding Capabilities to Deliver Digital Transformation Solutions for Federal Law Enforcement

Xpect Solutions FAIRFAX, Va., Jan. 7, 2025 /PRNewswire/ — Xpect Solutions, a premier systems integrator with over 20 years of experience delivering advanced technology solutions to federal agencies, and a NewSpring Holdings Platform Company, today announced the acquisition of GovDefender, a highly regarded leader in digital transformation, systems modernization, and enterprise IT web, mobile and application development. This strategic acquisition enhances Xpect Solutions’ ability to provide comprehensive, innovative, and secure technology solutions for federal law enforcement and national security customers. Xpect Solutions Expands Digital Transformation Capabilities for Federal Law Enforcement Founded by Josh Baze, a next-gen solutions architect, GovDefender is an expert in developing secure digital media intake solutions that enable the rapid processing of public-submitted digital content, allowing federal agencies to solve crimes faster. GovDefender is comprised of a close-knit team of subject matter experts, all of which are known for their deep customer engagement and ability to identify and address gaps in enterprise IT environments. "This acquisition represents a significant milestone for Xpect Solutions," said Yusuf Abdul-Salaam, CEO of Xpect Solutions. "Josh Baze and his team’s visionary methodology transcends industries and challenges, offering a universal framework that transforms any system into a seamless, future-ready operation. Their unique […]

SHOO Stock's Digital Transformation & Global Expansion Drive Growth

SHOO Stock’s Digital Transformation & Global Expansion Drive Growth

Steven Madden, Ltd. SHOO continues to demonstrate resilience and potential for sustained success, driven by its solid financial performance, expanding market reach and operational excellence. The company’s innovative product strategies and commitment to digital advancements highlight its competitive edge. In the past six months, shares of this leading branded apparel, footwear and accessories company have gained 2.3%, significantly outperforming the Shoes and Retail Apparel industry’s 23.6% decline. SHOO Stock Past Six-Month Performance Image Source: Zacks Investment Research SHOO’s Diverse Portfolio & Agile Market Strategy Steven Madden’s focus on creating trendy and relevant products across footwear, accessories and apparel showcases its commitment to meeting consumer demands. The brand’s quick adaptation to market trends, combined with a best-in-class speed-to-market approach, ensures strong consumer resonance. Notable successes include the launch of collections like tall-shaft boots and soccer-inspired sneakers, which have gained significant consumer traction. The e-commerce segment also delivered a 10% revenue increase in the third quarter of fiscal 2024, emphasizing the importance of the company’s ongoing investment in digital transformation. Enhancements to the online platform and overall customer experience are expected to drive continued growth in this area. Fiscal third-quarter revenues increased 13% from the prior year to $624.7 million. Key […]

Pollstar Unveils Refreshed Brand And Digital Transformation With Leading Edge Data

Pollstar Unveils Refreshed Brand And Digital Transformation With Leading Edge Data

Home News Pollstar Unveils Refreshed Brand And Digital Transformation With Leading Edge Data PSVNLogoAnnounce 1920×1080 Pollstar , the most trusted and leading resource for the live entertainment industry, today announced a bold new chapter in its storied 40-plus-year history. The new Pollstar will feature a refreshed brand, new digital platforms and greatly enhanced data while remaining the premier publication for the global live industry. As part of this transformation, and aligning with the platform’s commitment to sustainability, beginning in February 2025 Pollstar will shift to a monthly print schedule and introduce a new weekly premium digital edition exclusively for subscribers, which will deliver timely reporting, weekly charts, business news and features. These enhanced services will include predictive analytics and query-based global insights derived from Pollstar ’s industry-leading database spanning the last 43 years of live entertainment. Rounding out Pollstar ’s new offerings is a redesigned and streamlined website that will deliver faster access to breaking news, data, and analytics while creating a seamless user experience for subscribers and casual visitors alike. These updates reflect Pollstar ’s unwavering commitment to delivering unparalleled insights, analysis and industry-leading reporting. “ Pollstar has been the most trusted resource for the live entertainment industry […]

POLLSTAR UNVEILS REFRESHED BRAND, DIGITAL TRANSFORMATION & ENHANCED DATA CAPABILITIES STRENGTHENING POSITION AS THE LEADING VOICE IN LIVE ENTERTAINMENT

POLLSTAR UNVEILS REFRESHED BRAND, DIGITAL TRANSFORMATION & ENHANCED DATA CAPABILITIES STRENGTHENING POSITION AS THE LEADING VOICE IN LIVE ENTERTAINMENT

World’s Premiere Concert Platform To Rollout New Brand, New Website, Premium Digital Edition & Greater Data Proficiencies VenuesNow To Merge Under The Pollstar Brand LOS ANGELES, Jan. 7, 2025 /PRNewswire/ — Pollstar , the trusted voice and leading resource for the live entertainment industry, is proud to announce a bold new chapter in its storied history. The new Pollstar will feature a refreshed brand reinvention, digital platform and data resources, while remaining the premier publication for the global live industry. Continue Reading As part of this transformation, and aligning with its sustainability commitment, beginning mid-February 2025 Pollstar will shift to a monthly print schedule and introduce a new weekly digital edition exclusively for subscribers to deliver timely reporting and personalized features. These leading-edge services will include predictive analytics and query-based global insights derived from Pollstar’s industry-leading database spanning the last 43 years of live entertainment. Rounding out the new offerings is a redesigned and streamlined website that will deliver faster access to breaking news, data, and analytics while also creating a seamless user journey for subscribers and casual visitors alike. These updates reflect Pollstar’s unwavering commitment to delivering unparalleled insights, analysis, and industry-leading reporting. Pollstar, the world’s premiere concert […]

Powerfleet Appoints Digital Transformation Expert Mike Powell as Chief Innovation Officer

Powerfleet Appoints Digital Transformation Expert Mike Powell as Chief Innovation Officer

Powerfleet (Nasdaq: AIOT) has appointed Mike Powell as Chief Innovation Officer (CINO), effective immediately. Powell, with over two decades of experience in digital transformation and AI-driven growth, will lead the company’s evolution by integrating internal transformation with customer technologies and enhancing the Unity AIoT ecosystem. His experience includes working with organizations generating over $1 billion in annual revenues. The company also announced that Frank Friesacher , Chief Product Officer at Fleet Complete, will lead the execution of Powerfleet’s technology roadmap. Meanwhile, Chief Technology Officer Jim Zeitunian is departing to pursue new opportunities. CEO Steve Towe emphasized that Powell’s appointment is important for advancing digital transformation both internally and for customers, citing his expertise in customer-centric innovation, product strategy, technology development, AI, and automation. Positive Appointment of experienced executive with track record in billion-dollar revenue organizations Strategic enhancement of leadership team with expertise in digital transformation and AI Strengthening of Unity AIoT ecosystem development capabilities Negative Departure of Chief Technology Officer creating potential transition risks WOODCLIFF LAKE, N.J., Jan. 7, 2025 /PRNewswire/ — Powerfleet, Inc. (Nasdaq: AIOT), a global AIoT leader, announces Mike Powell as Chief Innovation Officer (CINO), effective immediately. Powell brings extensive expertise in organizations generating annual revenues […]

Accenture Acquires Digital Twin Technology for Banks to Enhance Core Modernization Capabilities

Accenture Acquires Digital Twin Technology for Banks to Enhance Core Modernization Capabilities

SINGAPORE; Jan. 7, 2025 – Accenture (NYSE: ACN) has acquired a digital twin technology platform for banks developed by Percipient, a Singapore-based fintech company with deep experience in banking technology transformation. The acquisition enhances Accenture’s existing banking modernization capabilities, helping financial services clients in Asia Pacific accelerate the reinvention of their core systems, foster innovation and drive growth. Percipient’s platform serves as a digital twin—or virtual duplicate—of banks’ legacy and modern systems, integrating and unifying the data from each one into a single-real time hub. This can reduce the challenges that many banks face around core modernizations by simplifying the application of data and enabling faster development of new products and services, all without overhauling existing systems or disrupting operations. Integrating Percipient’s digital twin solution further complements Accenture’s capabilities to help banks decouple from legacy systems and embrace cloud and AI-led banking services. Banks that shift to a modern, cloud-enabled digital core can attain up to 60% higher revenue growth rates and a 40% increase in profits, according to recent research from Accenture. “Banks’ core systems are often decades old, with layers of tangled code that are costly to maintain, reduce business flexibility and require highly specialized talent, making […]

CFOs and the digital transformation of finance in India

CFOs and the digital transformation of finance in India

In today’s rapidly evolving business landscape, CFOs in India are stepping beyond their traditional roles and emerging as key drivers of digital transformation. The journey towards digital finance begins with adopting cloud-based and AI-powered tools that streamline operations, enhance data accuracy, and unlock critical insights for smarter decision-making. The adoption of digital tools is not only simplifying financial processes but is also creating a foundation for advanced analytics, enabling businesses of all sizes to manage working capital more effectively and build resilience in an increasingly competitive market. Digital adoption for accurate data and efficiency Transitioning to digital and cloud-based financial management systems is essential to ensure accurate, accessible, and real-time data. Traditional accounting methods, which often rely on manual interventions and physical documentation, are prone to errors and inconsistencies. By digitising these processes, businesses can achieve greater accuracy in financial records, eliminating the inefficiencies associated with paper-based workflows. Cloud-based solutions provide a secure, scalable environment, allowing organisations to access data from anywhere, foster collaboration, and adapt to growth. Accurate data forms the backbone of any financial analysis, especially when managing working capital—a key concern especially for MSMEs . With real-time access to financial information, CFOs can monitor cash flows, […]

Build, Buy or Partner? CFOs Write Their Own Transformation Playbook

Build, Buy or Partner? CFOs Write Their Own Transformation Playbook

Turning cost centers into growth engines is the name of the game for today’s CFOs. The financial landscape is changing rapidly. Traditional payment processes, characterized by manual workflows and delayed reconciliations, no longer align with the demands of an increasingly digitized and globalized business ecosystem. Real-time data is becoming a critical driver for decision-making, and businesses are under immense pressure to reduce costs while enhancing cash flow visibility. For CFOs, these challenges have intensified as the role evolves into that of a strategic advisor. Finance chiefs are no longer just gatekeepers of budgets; they’re increasingly now orchestrators of digital transformation, tasked with delivering systems that align with broader business goals. As enterprise B2B transactions increasingly demand digitized, real-time data, businesses are under pressure to adapt , and CFOs find themselves at a crossroad: should they build an in-house solution, buy a ready-made one, or find the right partner? Each approach comes with distinct advantages and challenges, and the choice can often hinge on a company’s size, resources and long-term objectives. Read more : Silo Busting: Why Businesses Must Fix the Past to Embrace the Future The Evolving Role of CFOs PYMNTS Intelligence in the 2024 Certainty Project’s “ How […]

Checkout.com, noqodi to drive digital transformation in MENA

Checkout.com, noqodi to drive digital transformation in MENA

The study highlighted several key trends related to Generation Alpha, (children aged 8-15 y) in the UAE. Image Courtesy: Checkout.com Riyadh – Global payments solution provider Checkout.com entered a strategic partnership with noqodi, a payment gateway and financial service provider, according to a press release. The collaboration aims to promote the payment experience for businesses and consumers in the UAE. Checkout.com will integrate its payment technology with noqodi’s digital platform, providing seamless and secure payment solutions. The integration will streamline the payment process, lower friction, and enhance overall operational efficiency for merchants across various sectors. Meanwhile, the UAE government entities and businesses using noqodi will gain access to Checkout.com’s global network, empowering them with diverse features, including faster transaction processing and support for a wide range of payment methods across various sectors. Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, said: “We aim to equip businesses in the UAE with the essential tools to excel in the digital economy. This collaboration reflects our commitment to help businesses power their performance through payments and enhance the overall customer experience.” Zahi Kallab, General Manager at noqodi, commented: “By integrating Checkout.com’s cutting-edge technology, we empower our customers to navigate payment processes […]