The idea of integrating data gathered from multiple sources is hardly new, but interest in digital transformation and AI is pushing enterprises to tackle it again. Credit: irina d’elena / Shutterstock Data hyperaggregation collects, integrates, and processes large volumes of data from multiple sources. This method can pull data from cloud platforms and on-premises systems to create a unified and comprehensive data set. The goal is to enhance data visibility, thus improving decision-making, analytics, and operational efficiency. As organizations push the boundaries of digital transformation , understanding and leveraging data hyperaggregation could be the key to unlocking unprecedented business value. Data hyperaggregation strives to create a seamless data ecosystem that works harmoniously with the organization’s objectives. It is emerging as a pivotal trend because data plus data visibility equals better decisions, and better decisions equal business value. Who woulda thunk? Pretty much anyone working in enterprise IT. Using abstraction The backbone of effective data hyperaggregation lies in the infrastructure and technologies supporting it, better known as the middleware. Cloud platforms are tailored to manage and process immense data volumes. I’ve spoken about this in my rants about cloud complexity and cloud complexity management . Abstraction is one of the […]

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GullsEye is driving digital transformation in ports by replacing outdated systems with advanced, efficient technology solutions. � © GullsEye As the world becomes increasingly interconnected, the logistics sector stands at the forefront of innovation, driven by the need for efficiency, sustainability, and scalability. Ports and terminals, the critical hubs of global trade, are no exception to this wave of digital transformation. The adoption of advanced technologies is no longer a luxury but a necessity for ports to remain competitive and meet the growing demands of international commerce. Traditionally, port and terminal operations relied heavily on manual processes, which were time-consuming and prone to errors. However, the rapid growth in global trade volumes and the complexity of logistics networks have exposed the limitations of these conventional methods. The need for more efficient and reliable systems has catalysed a shift toward digitalisation, where technology plays a pivotal role in streamlining operations, enhancing decision-making, and reducing costs. At the forefront of this digital transformation is GullsEye , a TOS provider that has been instrumental in driving innovation within the sector. By developing and implementing advanced digital solutions, GullsEye has enabled ports to move away from outdated manual methods or legacy systems and […]

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Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry. The tranche was led by venture capital firm Ventech, with additional backing from 360 Capital, according to InsurTech Insights . The newly acquired capital will be directed towards expanding Korint’s technology team and enhancing its SaaS platform. This funding will also enable the company to double down on its efforts to innovate and empower more brokers and insurers to adapt to a rapidly evolving digital landscape. Founded just 18 months ago, Korint is making strides in the digital insurance space with its innovative platform. The solution offers streamlined solutions for brokers and insurers managing increasingly complex insurance products. By digitising traditionally manual processes, Korint aims to simplify workflows, helping insurance professionals navigate the growing complexities of the market. The offering has already garnered attention from major industry players, including Wakam and Willis Towers Watson (WTW). Korint’s leadership team includes Jean-Baptiste Limare, who serves as CEO and has founded other InsurTech ventures like Veygo and Kooalys, and Martin Gross, the CTO, who previously founded CommoPrices and Kooalys. Both founders bring extensive experience in insurance and technology to […]

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EastWest Bank’s Head of Customer Experience, Warren Ilustre, shares valuable insights on balancing AI and human interaction during his panel discussion at the CX Live Show Asia 2024. EASTWEST Bank recently demonstrated its world-class thought-leadership in customer experience (CX) and digital transformation during the prestigious Customer Experience Live Show Asia 2024, held on August 6 and 7 at the Concorde Hotel in Singapore. The event, which brought together over 200 senior industry experts from across various sectors, provided a platform for EastWest Bank to showcase its innovative approach to enhancing customer experience through cutting-edge digital solutions. EastWest Bank at the Forefrontof CX Innovation Warren Ilustre, Head of Customer Experience at EastWest Bank, represented the bank as a panel speaker at the forum. In his expansive and insightful presentation, Warren discussed the delicate balance between utilizing AI and chatbots while maintaining the essential human interaction in customer service. He emphasized the importance of collecting and incorporating customer feedback to continuously improve services, highlighting EastWest Bank’s Net Promoter Score (NPS) capture and the close-loop process that integrates customer feedback into internal business strategies. “At the end of the day, our goal at EastWest Bank is to ensure that every customer interaction […]

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Aboitiz InfraCapital (AIC), the infrastructure division of the Aboitiz Group, has launched a major digital transformation project in partnership with delaware Philippines, implementing a suite of Economic Estate SAP (EE SAP) systems. The systems, which went live from May 31 to June 4, 2024, represent the most comprehensive and complex system deployment in the company’s history, marking a significant milestone in AIC’s efforts to boost operational efficiency and innovation. The implementation included four projects running in parallel, featuring solutions such as Economic Estate ERP, Real Estate Leasing Operations (RE-FX), and Real Estate Development Lifecycle Management (RE-DLM). The project also incorporated SAP Ariba for business commerce automation and a Core Asset Management System to improve AIC’s infrastructure management capabilities. The new systems are designed to enhance a range of AIC’s operations, including real estate portfolio management, sales, contract management, land development, procurement, and supplier lifecycle management. These innovations are expected to streamline processes, drive cost efficiency, and ensure the company’s long-term sustainability and agility. Raymund Ramos, AIC’s vice president and head of IT & Digital, hailed the project as a vital step in the company’s evolution. “We are thrilled to see our vision for digital transformation coming to life with […]

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A recent report from Tony Blair’s think-tank, the Tony Blair Institute for Global Change, sparked interesting conversations in the news cycle earlier this month, around AI and digital transformation in the public sector. In the report, Blair claims that “government departments could cut workforce time by up to 40% using artificial intelligence (AI) and that the UK public sector could save 20% of workforce time.” While the report obviously focuses on the potential impact of AI, it also brings much needed attention more broadly to the issue of public sector digital transformation. It is a timely reminder given that the government launched its own transformation initiative over two years ago now: the 2022-2025 roadmap for digital and data transformation . The roadmap detailed a strategy designed to revolutionise government services and optimise taxpayer expenditure by harnessing technology. The roadmap introduced bold objectives aimed at “transforming digital public services, delivering world-class digital technology and systems, and attracting and retaining the best in digital talent” with a refreshingly candid assessment of the challenges ahead. “Our services are often slow, difficult to use, and expensive to deliver,” claimed the roadmap. “Departments operate many competing digital identity solutions as well as duplicative identity […]

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Mike Tomasco joins Board of Directors, InflexionPoint (Photo: Business Wire) Mike Tomasco brings expertise in the implementation of digital transformation initiatives and the realization of business value from data-driven operations NEPTUNE, N.J., September 06, 2024 –( BUSINESS WIRE )–InflexionPoint, leaders in driving operational efficiency and technological advancement for regulated industries, is pleased to announce the appointment of pharmaceutical industry senior executive and digital transformation expert Mike Tomasco to the company’s board of directors. "With decades of experience leading transformative programs for data-driven operations, Mike brings hard-won expertise in understanding the challenges associated with maximizing business value from digital transformation initiatives for manufacturers in life sciences and other industries," noted InflexionPoint CEO Kevin Hannigan. About Mike Tomasco Mike brings to InflexionPoint decades of experience in information technology, manufacturing, and consulting. Most recently, Mike served as Vice President of Pfizer Digital Manufacturing, overseeing the digital transformation of Pfizer Global Supply (PGS), the vital manufacturing and supply operations arm of the pharmaceutical giant. Over five years in this pivotal role, he adeptly harnessed his expertise in digital technology, artificial intelligence, operational excellence, and continuous improvement to revolutionize the end-to-end processes and performance of PGS. Prior to assuming this critical position, Mike held […]

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Innovative technology to revolutionize multi-tier supply chain resilience VANCOUVER, BC, Sept. 4, 2024 /CNW/ – Omnae, a provider of supply chain management solutions, announces the award of a new patent from the United States Patent and Trademark Office for its innovative platform designed to enhance the management of multi-tier supply chains. Developed under the leadership of founder Dan Lionello, Omnae’s patented technology introduces a novel system for mapping and tracking dependencies across supply chains. Dan Lionello, founder of Omnae, at work on the patented platform set to transform supply chain visibility and efficiency. (CNW Group/Omnae) "In a world where only six percent of companies have full visibility into their supply chain visibility, our technology is vital," said Lionello. "Our platform empowers businesses to enhance transparency and trust across their supply chains." A recent McKinsey study underscores the demand for supply chain visibility, with 93 percent of leaders prioritizing it. Omnae’s technology meets this need by enabling real-time, permissioned data sharing. The innovation comes at a pivotal time, as Gartner, a leading global research firm, projects the digital transformation market within the supply chain industry will reach $100 billion by 2025, driven by investments in AI, cloud computing and advanced […]

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The memorandum of cooperation between Greece and Cyprus in the field of digital transformation was ratified by a large majority in the Greek Parliament on Tuesday. The primary purpose of the memorandum is the mutual recognition of the digital documents of the two applications by the other state. Digital Transformation Cyprus Subscribe to our Newsletters Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox. Kathimerini may send occasional special offers and promotions. By signing up you are agreeing to our Terms of Service and Privacy Policy .

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DELRAY BEACH, Fla., Aug. 30, 2024 /PRNewswire/ — The Digital Transformation Market is projected to grow significantly rising from USD 911.2 billion in 2024 to a significant USD 3,289.4 billion by 2030. A strong compound annual growth rate (CAGR) of 23.9% is witnessed during the forecast period, according to a new report by MarketsandMarkets™. A number of significant factors within the business environment are expected to propel the growth of the Digital Transformation Market. increasing demand for automation, adoption of AI and cloud technologies, enhanced customer experience, and the need for operational efficiency across industries. Government initiatives and digital-first strategies further accelerate this market expansion. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE . Takes 2 mins. Browse in-depth TOC on “ Digital Transformation Market “ 319 – Tables 65 – Figures 399 – Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=43010479 Scope of the Report Report Metrics Details Market size available for years 2019–2030 Base year considered 2023 Forecast period 2024–2030 Forecast units USD (Billion) Segments Covered Offering, Technology, Business Function, Vertical, and Region Geographies covered North America, Europe, Asia Pacific, Middle East & Africa, and Latin America Companies covered Microsoft (US), IBM […]

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