The digital age has ushered in remarkable transformations across industries, fundamentally altering how we communicate and conduct business. The digital wave has reshaped traditional business models, making digital transformation a critical driver of this revolution. At the heart of this shift is digital transformation, which is no longer a luxury but a necessity for businesses seeking success in today’s fast-paced environment. The business world is undergoing a seismic shift driven by evolving consumer expectations and rapid technological advancements. As companies grapple with this new reality, digital transformation has emerged as a game changer, redefining organisations’ operations and engagement with their customers. This journey empowers businesses to leverage cutting-edge tools and strategies, fostering innovation and driving operational efficiencies. Digital transformation is indispensable for businesses in today’s landscape. It enables organisations to adapt to rapidly evolving market conditions, maintain competitiveness, and meet the growing demands of customers. It involves seamlessly integrating digital technologies into all aspects of a company’s operations, resulting in a fundamental shift in its functioning. According to Gartner, nearly half (47%) of CEOs across 15 global industries have been urged by their boards to transition toward digital business. Additionally, 56% of those CEOs reported increased profits after implementing […]

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Maritime customers can use remote installations to save time, lower carbon footprint and improve safety by reducing onboard physical intervention. Marlink has reported a more than 350% increase in remote service installations in 2024 compared to 2023. More than 900 remote installations were completed by the end of 2024, compared to just above 200 in 2023. Marlink data show that customer installations increased during the year while integrations by Marlink and its field service partners remained relatively flat. Key benefits for shipowners include: Lower costs and time saving. Preparing the elements for installation in advance means lower overall costs and optimised operations, keeping the vessel connected and in compliance. Easier Installation. Simplified installation of LEO and Cyber solutions alongside existing VSAT, safety and network management services made possible for crew, including integration into onboard network. Enhanced Support. Marlink has formed a dedicated field remote support team to provide the tools and guidance needed to help crews before, during and after the installation. Positive ESG impact. Using remote installation means Marlink can reduce the carbon footprint associated with travel of personnel to install equipment, which also reduces risk associated with joining the ship. Remote installations increased rapidly in recent years, […]

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Alliance aims to drive value for clients in a market needing digital transformation. TUALATIN, OR, Jan 14, 2025 – iGrafx, a global leader in process intelligence, is excited to announce a strategic consulting partnership with BiXi Consulting , the newly formed arm of NTT DATA INTRAMART. This partnership will help organizations across Japan to achieve successful digital transformation by combining BiXi Consulting’s business consulting services with the integrated technology platforms of NTT DATA INTRAMART and iGrafx. “We were looking for strategic technology and consulting partners to help us expand our footprint in Japan and to meet a growing need for digital transformation,” said Alexandre Wentzo, CEO of iGrafx. “The business consulting capabilities of BiXi Consulting will add further value to our existing collaborations and offerings. Together, we are set to help companies shift towards more data-driven, responsive, and resilient operations, setting new standards for competitive advantage and growth.” Clients will use the intra-mart Accel Platform integrated with iGrafx’s innovative Process360 Live capabilities to leverage comprehensive Digital Twin of an Organization (DTO) solutions that address both technological and business needs. BiXi Consulting will provide consulting services that enable organizations to unlock unparalleled business process transformation with these solutions. “We are […]

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You can order almost anything online, so why should booze be any different? That’s the $285 billion question Drinks is keen on answering, Barry Collier, the company’s co-founder and head of R&D, said during a discussion for the PYMNTS series “ When Chatbots Go Shopping: How GenAI Is Shaking Up the Retail Status Quo .” Two key challenges to solve when operating across the U.S. alcohol market are streamlining fragmented liquor regulations and driving personalization as a competitive moat, he said. Enter artificial intelligence . Drink has been using AI for nearly a decade, a journey that began with a patent in 2016 for a wine label affinity system. The system was designed to understand why consumers choose certain wines, a decision often influenced by the label rather than the contents of the bottle. “Upwards of 85% of the purchase decision for wine is based on the label,” Collier said. Recognizing this, Drinks employed computer vision and machine learning to analyze label features such as colors, fonts and imagery, determining how these elements might resonate with consumers. This approach mirrors strategies seen in other industries. Collier pointed to Netflix , which tailors its thumbnails based on user preferences. “If […]

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The transition to SAP S/4HANA has become a cornerstone in Amiantit’s efforts to modernize its operations and meet the demands of a changing business environment. Amiantit, a global player in advanced piping solutions, recently completed a comprehensive upgrade from SAP ECC to SAP S/4HANA . This initiative, undertaken in collaboration with YASH Technologies, reflects a strategic effort to build a resilient digital infrastructure. As one of the first adopters of SAP solutions in the MENA region, Amiantit continues to embrace advancements to stay competitive in a dynamic global economy. The project involved a complete overhaul of Amiantit’s IT framework, addressing critical domains such as finance, supply chain, logistics, and human resources. The shift also retained vital legacy integrations while improving functionality across various processes. Leveraging the capabilities of SAP FIORI, the upgrade provided an intuitive and user-friendly experience for employees, enabling better engagement with the platform. To support a smooth transition, YASH Technologies facilitated extensive training programs for Amiantit’s workforce. These sessions were designed to ensure employees could fully utilize the advanced features of SAP S/4HANA, enhancing overall organizational efficiency. The Transition to SAP S/4HANA SAP S/4HANA represents a next-generation ERP solution that combines real-time analytics, streamlined processes, and […]

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Versana Launches New Reconciliation Module, Advancing the Digital Transformation of the Corporate Loan Market Versana Launches New Reconciliation Module, Advancing the Digital Transformation of the Corporate Loan Market PR Newswire NEW YORK, Jan. 14, 2025 Agents and Lenders Benefit from Significant Operational Efficiencies and Scalability NEW YORK, Jan. 14, 2025 /PRNewswire/ — Versana today announced the launch of its leading-edge reconciliation solution, an add-on module to its centralized digital data platform. This major advancement leverages the power of the company’s growing pool of corporate loan data by electronically matching lenders’ positions to agents’ golden-source data at any point in time. This game-changing tool optimizes workflows and reduces data inconsistencies and costs. The $8 trillion corporate loan market still relies heavily on legacy communication methods and text conversion technologies, resulting in material timing differences in transaction data across lenders and service providers. Further, the majority of cash flow mismatches from agents to lenders result from position discrepancies. The Versana Reconciliation Module (VRM) solves this longtime challenge by providing quick identification and resolution of position breaks against agents’ records. Moreover, a unique benefit includes the display of each digital transaction notice causing such differences, greatly improving transparency and accuracy to facilitate […]

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Applied Digital Corporation APLD+17.0% Get Free Report stock traded higher by more than 20% at the start of Tuesday’s session. The company entered into a $5 billion perpetual preferred equity financing facility with Macquarie Asset Management (MAM). This deal is aimed at supporting Applied Digital’s high-performance computing (HPC) business. Under the development, MAM will invest up to $900 million, supporting the 400 MW build-out of the Ellendale HPC Campus. The financing structure includes the issuance of perpetual preferred equity units and common equity units, with MAM investing $2.25 million per executed lease for each 1 MW of capacity. Proceeds from the deal will help complete the Ellendale, North Dakota-based campus build-out. They will also help repay approximately $180 million in bridge debt and recover over $300 million of equity investment. Also Read: US Stocks Poised To Gain After Tech Stocks Drag Nasdaq Down, S&P 500 Trades At 23x Forward Earnings Additionally, MAM holds a right of first refusal for future HPC data center project funding, potentially adding up to $4.1 billion over the next 30 months. The preferred equity carries a 12.75% annual dividend rate, and increases by 87.5 basis points after five and six years. According to Benzinga […]

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Partnerships between automakers and tech giants are reshaping vehicles into interconnected, software-driven products, with AI poised to redefine customer interactions and revolutionize the driving experience. The automotive industry is undergoing a digital transformation as more players join forces to change how vehicles are integrated into consumers’ lives. No longer is the focus simply on the mechanics of a car — the future lies in software and the experiences that these systems can create. At the forefront of this change are unconventional partnerships between automakers and tech giants, including companies such as Rivian , Qualcomm and Google . These collaborations are creating a more interconnected ecosystem that blends automotive hardware with state-of-the-art software. The result is a new automotive experience that promises to redefine consumer expectations and alter car ownership in ways that were unimaginable just a few years ago. During a session titled “ The New Era of the Automotive Ecosystem ” on Wednesday (Jan. 8) at the CES 2025 Conference in Las Vegas, three leading industry experts explored the digital transformation within the automotive sector: Wassym Bensaid , chief software officer, Rivian ; Patrick Brady , vice president Android Automotive, Google ; and Nakul Duggal , group GM, […]

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Physical conference on February 5-6 in Mumbai MUMBAI, INDIA, Jan 10, 2025 – (ACN Newswire) – The Unified Payment Interface (UPI) has changed how India handles money, moving from paper to digital transactions. As more people use digital payments during COVID-19, It has become a game-changer. It allows people to send money at any time, helping to bring more people into the banking system and connecting both those with and without bank accounts. UPI has made formal financial services accessible to millions and has had a clear impact on India’s digital economy. It makes it easier to pay without cash and encourages more use of digital payments, which reduces reliance on cash and leads to a more productive and transparent economy and also helps businesses become more official, which in turn increases tax revenue and reduces illegal money flows, making governance more effective. However, there are challenges to address, including concerns about data privacy, regional disparities, and the need to integrate with traditional payment methods like credit cards. Despite these hurdles, the platform continues to grow, largely due to its strong security measures and low costs for users. This positions it to compete effectively with global players like MasterCard […]

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Pollstar logo 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. 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 has been the most trusted resource for the live entertainment industry for decades, and this evolution marks an exciting new chapter,” said Andy Gensler, Editor-in-Chief, Pollstar. “Digital adoption has soared over the past decade […]

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