Login to read the full story. Unlock your 30 days free access to ETPrime now. Login to Unlock Already a Member? Sign In Now *No card details required Unlock top trending exclusive articles with ET Prime How Indian banks gave away an opportunity called UPI, and its control, to PhonePe, and Google Pay Business of biryani: how Biryani By Kilo is winning Indian palates with consistency and automation ET Prime Membership Benefits 1 Clean experience with minimal ads Reading made easier & distraction free 2 Access the exclusive Economic Times Stories, Editorial & Expert opinion Unlock 70+ deeply researched Prime articles per month Access 500+ print edition articles every month Access our Rich Archive of stories & use it for research & reference 3 Sharp Insight-rich, In-depth stories across 20+ sectors Detailed analysis & insights on sectors you care about 4 Get Complete Access to with ET Prime Experience your Economic Times newspaper, the digital way. Read Today’s Print Edition 5Complimentary Stock Reports Plus worth ₹1,499 Powered By REFINITIV What you get with Stock Reports Plus? Make Investment Decisions with proprietary stock scores on earnings, fundamentals, relative valuation, risk and price momentum Find New Trading Ideas with weekly updated […]

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/ MEDIA STATEMENT / This content is not written by Creamer Media, but is a supplied media statement. By Sarthak Rohal, VP – IT Services at In2IT Technologies Irrespective of the industry or size, digital transformation has become an essential component of all businesses across the world. Following COVID-19, businesses have had to adapt to a new working landscape and new customer demands, thus propelling more companies to harness cloud and automation tools. Incorporating automation tools such as AI (including Generative AI, Responsible AI and Edge AI), Blockchain, and NFTs will aid businesses in transforming their operations , improve customer experience, and maintain a competitive edge. Advertisement Capitalising on automation tools Automation , from hyper- automation to Generative AI, Responsible AI and Edge AI, is a hot topic, which is why it has become one of the major technologies to go mainstream in the past few years. Today, product and service offerings in the automation space come in all ‘shapes and flavours’, depending on whether you are a Small, Medium or Micro Enterprise (SMME) or a large-scale enterprise. Advertisement When considering automation , many may reflect on how the pandemic previously catalysed the need for the global workforce to […]

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FedEx Express, a subsidiary of FedEx Corp. ( NYSE: FDX ) and the world’s largest express transportation company, announces its eighth edition of ‘SME Connect’ series on ‘ Future-Fit SMEs: Unlocking Growth Opportunities through Digital Transformation . The ‘SME Connect’ series is a thought leadership and knowledge sharing platform for SMEs to interact with industry and subject matter experts for solution-focused discussions that can bring value to their business. The current edition of FedEx SME Connect focuses on the need for SMEs to accelerate their digital capabilities, which is critical for business success. The engaging session throws light on how SMEs can build a purpose driven business model through digital transformation, overcome challenges during the transitioning phase, the tools they can leverage to scale their business globally, and the impact of the Union Budget announcements on the sector. Salil Chari, senior vice president, Marketing and Customer Experience – AMEA, FedEx Express said, “Keeping up with digital transformation has become imperative for SMEs to stay agile in a changing business environment. The adoption of digitalization opens doors for SMEs to expand their customer base and strengthen their market presence. With the eighth edition of FedEx SME Connect series, we aim […]

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Every industry is digitalizing, with banking more advanced than most. The goals are improved efficiency, better customer service, and higher revenues, but new technology is not without its risks. The digital transformation of businesses and other organizations started with the use of computers back in the 1960s, but it only really began to take off with the widespread adoption of the internet in the 1990s. Even then, the term itself was not coined until 2011 when a Capgemini Consulting and Massachusetts Institute of Technology (MIT) report defined it as “the use of technology to radically improve the performance or the reach of businesses.” At least, Techopedia says they were the first. OpenAI’s ChatGPT begs to differ. When asked, it says the origin of the term “is difficult to trace to a single person or organization.” It agrees that Capgemini and MIT helped popularise the term back then, but it was also used in a 1999 book titled Digital Transformation: The Essentials of e-Business Leadership by Keyur Patel and was used by others before that. Anyway, what is important is the meaning of the term today which, in the simplest sense, is the use of digital technology by an organization […]

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Project includes implementation of the entire footprint of Microsoft Business Applications. Alithya Group recently announced the signing of a multi-product Microsoft Dynamics 365 implementation contract to assist Cloverdale Paint Inc. and Rodda Paint Co. in deploying best-in-class, modern solutions to standardize processes across their organization. With more than 180 years of combined service, Cloverdale Paint & Rodda Paint have chosen Alithya to assist them in increasing operational efficiencies to support their growing business needs as the largest family owned and operated paint coatings company in North America. The scope of the project will encompass a wide array of Microsoft Dynamics 365 solutions to assist the client in optimizing business processes ranging from the full sales cycle to customer experience improvements and a streamlined B2B ordering process. The project will also help the client to modernize its manufacturing operations, resulting in better production control, raw material management, manufacturing, cost tracking, and inventory management. The selection of Microsoft Dynamics 365 products will also help the client to streamline R&D approval and product development processes. Alithya’s implementation of Microsoft Dynamics 365 solutions for Finance, Supply Chain, Commerce, Sales & Marketing, and more will also help Cloverdale Paint Inc. & Rodda Paint Co. […]

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Overcoming the gaps in digital transformation through collaborative partnerships will be paramount if Nigeria is to benefit fully from a boom in oil and gas infrastructure and be considered an industry heavyweight on the world stage. Digital transformation in Africa is advancing in leaps and bounds, with Nigeria leading the charge as home to the highest number of technology hubs in the continent . This advancement, coupled with global initiatives such as the Biden administration’s Digital Transformation with Africa, will see the continent’s digital infrastructure grow significantly. Despite this technology spike, Nigeria’s energy industry is lagging behind its global peers, putting its big ambition, to be a gas-powered economy by 2030, at risk. Is Nigeria’s Decade of Gas in Jeopardy? Nigeria is on the cusp of a big oil and gas infrastructure boom, which could see the country finally unlock the economic prosperity residing in its abundant natural resources. This could lift millions out of energy poverty by augmenting domestic supply as well as boosting exports. Historically, Nigeria has been severely hampered by a lack of oil and gas infrastructure; however, progress is finally being made as a result of President Muhammadu Buhari’s Decade of Gas Initiative, alongside the […]

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For over 30 years, Gardeners’ World has been one of the UK’s top gardening titles – an indispensable guide that appeals to green-fingered experts and novice gardeners alike. As gardening needs have changed, so has the magazine – branching out online in 2007 and adding podcasts and live events to go with the Gardeners’ World BBC programme that started it all. This article is available to registered FIPP users only. Sign up for FREE to get access to this and other great articles. It’s quick and easy. Email address First Name Last Name Job Title Job Discipline Advertising Sales Company Country (new) Afghanistan Sign-up to FIPP World weekly newsletter FIPP World features media industry features, reports and more By registering, you agree to your information being used in accordance with our Privacy Policy Already registered? Click here to login

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Tata Consultancy Services ( TCS ) is poised to close additional deals worth $1 billion with British retailer Marks & Spencer in the next few weeks, people aware of the developments said. This will mark this year’s biggest deal win for India’s top software exporter, which is also in line to renew its existing five-year engagement with the UK-headquartered company. “Apart from the 2018 deal renewal, there are multiple additional deals in the pipeline with a cumulative value of over $1 billion that M&S is expected to close,” an industry executive in the know told ET. “As an existing partner, TCS is in the frontline to win these deals,” the person added, speaking on the condition of anonymity. The new deals in the pipeline include mandates for business process services and digital transformation programmes, among others. These engagements are expected to be spread out over a duration of 8-10 years. M&S representatives did not respond to queries till press time. “As per policy, we do not comment on market speculation,” TCS said in an emailed response to ET’s queries. These large deal wins are significant at a time global enterprises turn cautious about technology spends. Many companies are also […]

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Ms Lydia Wanyoto, the leader of National Resistance Movement (NRM) Women’s League. PHOTO/COURTESY Leaders under the umbrella body, National Resistance Movement (NRM) Women’s League, have urged women to embrace digital transformation to improve their well-being. In a statement released yesterday, the leader of the NRM Women’s League, Ms Lydia Wanyoto, said more needs to be done in regard to the economic empowerment of women through digital transformation. “It is imperative to note that digital technology is opening new doors for the global empowerment of women, girls and other marginalised groups and that is why we need women to embrace digital transformation,” she said. Related She, however, commended the efforts that have been made to improve the lives of women and girls. These include increasing enrolment of women in institutions of learning, the rising number of them graduating and opening up of political space for women. Today, the world will mark Women’s Day under the theme, “Digital innovation and technology for gender equality”. Ms Wanyoto said from gender-responsive digital learning to tech-facilitated sexual and reproductive healthcare, the digital age represents an unparalleled opportunity to eliminate all forms of disparity and inequality. “Therefore, this year’s International Women’s Day offers an opportunity […]

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Koh Sze Kiat Investment Thesis Globant (NYSE: GLOB ) has been a fabulous compounder in the last decade, with shares up over 1,400% since 2014. However, the company has dropped over 50% from its all-time high in 2021 as macro headwinds hit. I believe the pullback offers a bottom-fishing opportunity for long-term investors. The pace of digital transformation has been accelerating in the past few years and should continue to provide strong tailwinds. The company latest earnings reported impressive revenue growth despite facing a tough backdrop. Despite the significant drop, its valuation is still elevated with multiples slightly above peers. I think the company is close to fully valued and I rate it as a hold. Data by YCharts Huge Market Opportunity Globant is a Luxembourg-based digital consulting company founded back in 2003. The company helps customers all around the globe innovate and grow through different digital transformation services. For example, it can help facilitate the shift to Cloud or improve the payment system through the latest fintech solutions. It provides a full end-to-end service from strategy to execution. The company’s existing customers include blue-chip companies such as Coca-Cola ( KO ), American Express ( AXP ), and Unilever […]

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