ENOC Group, a leading global energy player, ended 2024 on a high note with a significant boost in employee-driven innovation. The company received 1,373 creative ideas from employees, with 138 implemented, marking a 29% increase from the 1,063 ideas submitted in 2023. This surge in innovation led to a 400% increase in financial benefits, rising from AED 1.39 million to AED 6.94 million compared to the previous year. Since its inception, ENOC’s Innovation Scheme has implemented 743 employee ideas, generating a total financial gain of AED 99.2 million. The initiative aligns with UAE Innovates, one of the largest innovation festivals globally, underscoring ENOC’s commitment to enhancing operations and fostering innovation within the UAE. His Excellency Saif Humaid Al Falasi, Group CEO at ENOC, emphasised the company’s dedication to innovation. “ENOC Group cultivates a thriving culture of innovation, empowering employees to shape the future of the energy industry, a drive fuelled by dedicated group-wide campaigns. Sharing the goals of ‘UAE Innovates’, our new ‘Digital Transformation & Growth’ programme will further equip our people to generate and implement transformative solutions, driving business growth, competitiveness, and our ‘One ENOC’ vision for digitalisation.” In 2024, ENOC prioritised digital transformation, focusing on Robotic Process […]

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BFSI adopting cloud-native, AI-driven edge banking system to address the growing demand for digital transactions and real-time financial services Follow Us Varun Jain. Listen to this article 0.75x 1x 1.5x 00:00 / 00:00 Founded in 2001, Xebia was the first Dutch organization to embrace the agile way of working, with gurus like Jeff Sutherland. Since then, we have grown from a Java company into a full-service digital consulting company with 5,000 professionals working on a worldwide ambition. Varun Jain, Global Head, BFS, Xebia, tells us more about solutions for the BFSI segment. Excerpts from an interview: DQ: Can you provide an overview of Xebia and its role in the industry? Varun Jain: As a global IT consulting firm, Xebia works on several innovative technologies, including data engineering, cloud solutions, Generative AI, and Intelligent Automation AI. Xebia has transitioned from traditional IT architecture specialists into a full-service partner in digital transformation in the last two decades. To fulfil the shifts in markets, we work towards enabling organizations to use technology seamlessly while ensuring real business outcomes that matter. With extensive consulting and engineering capability in Retail, Insurance, Banking, and Healthcare industries, we strive to do more than just deploy new […]

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Worldwide spending on digital transformation (DX) has accelerated with more than 90% of companies globally having adopted cloud technology in 2023 – the highest adoption rate for any emergent technology at the time. According to McKinsey & Company , approximately 89% of larger organisations have a well-defined digital and AI transformation roadmap. The technology has evolved exponentially, offering companies remarkable potential and return on investment. However, as McKinsey points out, those large companies have only experienced a 31% increase in revenue and seen only 25% of the promised cost savings. This means, says Mandla Mbonambi, CEO of Africonology, that companies need better support to ensure they effectively realise their digital aspirations. “AWS, Microsoft Azure, Salesforce, MuleSoft and artificial intelligence – these are all solutions and technologies designed to help companies embrace digital transformation, but their integration doesn’t always go exactly to plan,” he continues. advertisement It’s an expensive planning failure. According to Bain & Company , 88% of business transformations don’t reach their original goals. It’s a high failure rate for reasons that a Journal of Business Research study says are hard to pin down. The same journal believes failure is critical to success. For Mbonambi, this holds true: […]

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Digital Transformation | FTE Event News | Up in the Air // Mar 2025 Future Travel Experience is excited to unveil the FTE Airline Digital Transformation Power List EMEA 2025. Here we shine a light on those who are pioneering new approaches that have the potential to improve travel for passengers and make the industry safer, more efficient and commercially successful. The EMEA edition champions the most transformative change enablers within the airline and airport industry in Europe, the Middle East and Africa for their outstanding efforts to lead how their organisation has embraced digital innovation. In 2025, FTE is more committed than ever to supporting digital transformation efforts in the industry through the FTE Digital, Innovation & Startup Hub , which is a truly unique community designed specifically for the individuals and organisations who are at the forefront of digital transformation and innovation in aviation. The FTE Hub is focusing on three key themes this year – Artificial Intelligence (AI), Robotics, and Internet of Things (IoT) – and in alignment with that, the Power List recognises those that are leading key digital transformation efforts. In recognition of their leadership and achievements, each member of the Power List will […]

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Engineered with versatility in mind, the MELFA RH-CRH series is a perfect fit for a wide range of applications, including assembly, coating, and precision conveyance. With maximum reach radii ranging from 600mm to 1000mm and payload capacities of up to 10kg and 20kg, respectively, the RH-10CRH and RH-20CRH offer performance and adaptability to meet various production needs. The RH-10CRH is designed for transportation and assembly in the food and automotive industries, while the RH-20CRH specialises in handling and packaging heavy items. Their lightweight design and compact structure allow for seamless integration into even the most restricted workspaces, maximising operational flexibility. The MELFA RH-CRH series robots are equipped with innovative battery-less motors, which removes the need for periodic battery replacements. This reduces maintenance downtime and costs and effectively eliminates the risk of losing the robot’s positional origin (home position) due to battery exhaustion. As a result, the robots deliver consistent reliability, even during long production schedules or after extended downtime periods. These improvements to productivity are amplified by a simplified design that significantly reduces the number of components, resulting in up to 69% weight reduction compared to previous models. This lowers installation and facility costs while enhancing long-term operational reliability, […]

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GCC Software Distribution Market The GCC software distribution market is on an accelerated growth trajectory, fueled by rapid digital transformation, increasing cloud computing adoption, and the expansion of key industry verticals, including BFSI, healthcare, and retail. The market, valued at USD 22,119.3 million in 2025, is forecasted to expand at an impressive CAGR of 15.8%, reaching USD 95,874.0 million by 2035. The proliferation of enterprise software solutions, SaaS platforms, and AI-driven applications is driving this surge, alongside government initiatives promoting smart cities, cybersecurity, and IT infrastructure enhancements. Get Ahead with Our Report: Request Your Sample Now! https://www.futuremarketinsights.com/report-sample#5245502d47422d2e3231303237 Key Market Drivers and Growth Opportunities Several factors are contributing to the robust expansion of the GCC software distribution market. The growing need for digital solutions in banking and financial services is significantly influencing market demand, with organizations adopting cloud-based platforms to enhance operational efficiency. The healthcare sector is also witnessing a digital overhaul, as hospitals and clinics integrate AI-driven software for patient management and diagnostics. Meanwhile, the retail industry is rapidly deploying e-commerce and ERP solutions to streamline supply chains and enhance customer experiences. Furthermore, the rising adoption of Industry 4.0 technologies in manufacturing and logistics is spurring demand for enterprise […]

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KUALA LUMPUR: Digital Nasional Bhd (DNB) and Ericsson today announced a strategic partnership to accelerate Malaysia’s digital transformation through 5G and 5G-Advanced technology. It said in a joint statement that the collaboration aims to support Malaysia’s ambition to become a global digital leader while driving economic growth and innovation across multiple industries. "Formalised through a memorandum of understanding (MoU), the partnership will focus on advancing enterprise digitalisation, enhancing connectivity and fostering innovation. "By expanding 5G and 5G-Advanced coverage, DNB and Ericsson seek to strengthen Malaysia’s digital infrastructure and enable real-world applications of the technology," it said. According to the statement, the collaboration will enhance 5G Advanced connectivity in industrial zones and strategic areas, supporting enterprise digitalisation. The partnership will also foster innovation by expanding the global Application Programming Interface (API) network ecosystem which would enable developers to integrate functionalities from other applications, simplifying and accelerating the development process DNB and Ericsson’s partnership is set to play a crucial role in Malaysia’s ongoing efforts to embrace digitalisation and further enhance connectivity. StarPicks Gear up for Hari Raya with Lazada’s 3.3 Epic Raya Sale "By expanding 5G-Advanced capabilities and fostering collaboration across industries, this initiative will empower local businesses to innovate, […]

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Women’s Day Special: Tatiana Tonu, Managing Director at Object1 shares insights on Dubai’s digital transformation of real estate by Tatiana Tonu, MD, Object1 SHARE digital transformation Dubai’s real estate sector is undergoing a profound digital transformation, revolutionizing the way properties are bought, sold, and managed. From AI-driven sales strategies to blockchain-powered transactions, technology enhances efficiency, transparency, and accessibility across the industry. The UAE’s real estate market is on a strong growth trajectory, with its value estimated at approximately $704.25 bn (AED2,608.33 bn) in 2023. Projections indicate it will reach around $1,082.51 bn (AED4,009.30 bn) by 2030. The UAE government has made significant investments in this transformation, with Dubai’s Digital Strategy aiming to digitize all aspects of life in the city. As technology continues to evolve, professionals in the real estate sector are gaining access to powerful tools that streamline decision-making and operations. AI-Driven Decisions and Predictive Analytics By analysing historical data, market trends, and demographic insights, professionals can now accurately forecast investment opportunities, particularly in the off-plan property market. For instance, AI-powered tools help developers and investors navigate market fluctuations with greater confidence, enabling data-driven decision-making at an unprecedented scale. AI-Powered Market Insights and Virtual Tours AI-driven market insights […]

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QQ7/shutterstock.com_90849980 Insurance group Apollo has named a new chief information officer with a pedigree spanning the public sector—including the Cabinet Office and Ministry of Justice—along with senior roles at the Financial Conduct Authority, Barclays Capital, and Lloyds Banking Group. Already registered? Login to your account If you don’t have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content. For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us . To request a FREE 2- week trial subscription , please signup . NOTE – this can take up to 48hrs to be approved. Two Weeks Free Trial For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk More on this story Insurance Apollo adds former XL Catlin veteran to ASML board 3 March 2025 The executive served as CEO of XL Catlin Reinsurance London. Insurance Apollo takes flight with new drone liability cover 19 February 2025 Targets the drone community with hobby, commercial […]

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British Cycling has announced a five-year digital transformation partnership with global consultancy Elixirr. The partnership, which ‘aims to transform user experience and provide enriched, personalised offerings for fans’, sees Elixirr appointed as British Cycling’s official digital transformation partner. The consultancy will ‘deliver services across its technology estate to revolutionise the way that members, clubs, organisers and partners interact’ with British Cycling. As per the agreement. Elixirr will overhaul the digital and data ecosystem to redevelop British Cycling’s digital presence, enhancing ‘functionality and personalised content capabilities.’ The consultancy will also become the official partner to the Lloyds Tour of Britain, focused on ‘developing an enhanced fan experience.’ Darren Henry, Chief Commercial Officer at British Cycling, said, “This is not just a major sponsorship deal; it is a transformative partnership that will bring cutting-edge technology to the sport and enhance its impact across the UK. We are excited to realise the benefits that this partnership will bring to communities, whilst modernising our sport and events, attracting new fans and inspiring future generations of cyclists.” Stephen Newton, Founder and Chief Executive Officer of Elixirr, added, “ We are proud to be working with British Cycling who represent such an iconic sport and […]

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