Tech Entrepreneurs Are Ushering In The Next Wave Of Digital Transformation

Tech Entrepreneurs Are Ushering In The Next Wave Of Digital Transformation

Digital transformation has become vital for businesses to stay competitive in our ever-changing world. Innovative entrepreneurs like Lucas Diaz of Ludia Consulting, Jacqueline Shorter-Beauchamp of Engaged Media Studios, and Dexter Hardy of Ntegral, are utilizing advanced technologies to create solutions for complex business challenges. Their innovations are reshaping industries with decentralized systems, better decision-making capabilities, and uninterrupted physical-digital integration that OECD found could generate 24 million new jobs by 2030 . The Breakdown You Need To Know: Businesses must understand and adapt to new environments where digital transformation keeps changing product markets, business dynamics, and economic growth in all sectors. Specifically, the digital transformation market is growing rapidly, with an estimated market value set to rise from approximately $911.2 billion in 2024 to $3.2 trillion by 2030, according to Markets and Markets. This is why Diaz, Shorter-Beauchamp and Hardy leaned into the resources available to them as Microsoft BPGI Partners to help scale their businesses and provide exceptional results for clients, as CultureBanx noted during its “ Elevating Innovation ” session. About 57% of small business owners know they need better IT infrastructure, according to a report from Finances Online. Statistics like these don’t go unnoticed by companies like […]

Leading Workforce Transformation with AI, RPA, and Automation

Leading Workforce Transformation with AI, RPA, and Automation

Image via The modern workplace is evolving rapidly, with HR technology playing a pivotal role in reshaping workforce operations. Traditional HR processes are being replaced by intelligent, automated solutions that enhance employee experiences and drive efficiency. Few understand this shift better than Debashish Acharya, a leader in HR technology and digital transformation. With nearly two decades of experience, he has played a key role in integrating AI, RPA, and HR Service Delivery (HRSD) to optimize workforce management. As ServiceNow HR Manager at a major global conglomerate, he has spearheaded automation initiatives that have transformed HR systems into agile, cohesive platforms. Building Employee-Centric Solutions with AI and Automation Debashish has shaped HR technology into a proactive, integrated ecosystem, leveraging cloud-based solutions, automation, and analytics to enhance efficiency and decision-making. A seamless HRSD platform has been central to this transformation, ensuring onboarding, leave requests, and benefits management are accessible through a unified employee portal. To improve employee experience, he implemented AI-driven case management and personalized dashboards, reducing response times while empowering employees with self-service capabilities. Consolidating fragmented knowledge bases into a centralized, AI-powered repository has further improved accessibility, reduced HR workload, and ensured employees receive role-based content tailored to their needs. […]

3 keys to maximizing data strategies

3 keys to maximizing data strategies

A foundational data and analytics strategy can significantly improve customer experiences and accelerate business outcomes. Credit: mormetaworks Business leaders know it’s crucial to use identity-driven customer data to make smart decisions. But often, they get stuck because they don’t have a unified view of their customers and prospects. That’s a recipe for poor business outcomes. The consequences of getting identity wrong are substantial: Poor data quality = missed insights, operational inefficiencies, and wasted marketing spend. Vendor lock-in and cost overruns = higher expenses with limited flexibility. Slow digital adoption = inability to activate customer data reliably at scale. Customers are engaging through multiple channels, yet 2024 Forrester Research reported that consumer perceptions of Customer Experience had dropped in three consecutive years to its lowest point ever. [i] CIOs face mounting pressure to optimize their data strategy, manage vendors effectively, and accelerate digital transformation. Identity resolution is central to all three, yet many organizations struggle with fragmented data, vendor management, and scalable identity solutions. We share three common mistakes that hinder data strategies and how they can be fixed. 1 . Underestimating the complexity of a customer data strategy Data siloed across platforms prevents unified customer profiles. Companies collect on […]

China to push for digital transformation of light industry

China to push for digital transformation of light industry

BEIJING – China has issued a light industry digital transformation implementation plan, the Ministry of Industry and Information Technology said on Thursday. By 2027, the popularization rate of digital research and design tools in key light industry enterprises will reach around 90 percent, according to the plan jointly issued by the ministry and other two central government authorities. By 2030, digital transformation will be extensively carried out in major light-industry enterprises, rendering them more high-end, intelligent and greener. To achieve the goals, the plan outlines four major actions: empowering the light industry with new-generation IT; innovating new business models and applications; promoting high-quality industrial development; and strengthening foundational support. These are further detailed into 15 specific measures. At the end of 2024, the popularization rate of digital research and design tools in light industry enterprises reached 84.9 percent, 0.8 percentage points higher than the national average.

South Korea prepares for CBDC pilot, digital transformation

South Korea prepares for CBDC pilot, digital transformation

Flag of South Korea The Bank of Korea (BOK) has announced a plan to launch a central bank digital currency (CBDC) experiment to evaluate the feasibility of implementing the digital won. Announcing the planned pilot on March 18, the central bank said the CBDC experiment will use real-world transactions to test the proposed digital currency. Participants will be able to convert their bank deposits to tokens and use them for payments at selected merchants. The BOK is eyeing the participation of 100,000 individuals in the pilot program but made no mention of a proposed expansion to cover a wider demographic. The initiative is scheduled to begin in April and is expected to last until the end of June. Apart from gauging public sentiments for a CBDC, the BOK is keen on exploring new settlement standards for commercial banks. Currently, local banks perform settlements using reserves with the central bank, but this system has several drawbacks. The upcoming experiment will test the viability of a CBDC-based settlement system for banks using distributed ledger technology (DLT). If things go according to plan, the BOK will roll out a CBDC, and commercial banks can issue tokens linked to it for local payments. […]

SME manufacturers in Southern England invited to accelerate digital transformation through Made Smarter

SME manufacturers in Southern England invited to accelerate digital transformation through Made Smarter

Government-backed programme offers expert advice, leadership training, digital interns and up to £20,000 technology grants Registration for SMEs in London, the East of England, South East and South West now open – ahead of the launch on April 1 Manufacturing leaders across Southern England are being urged to sign up to Made Smarter, the UK Government programme helping SMEs embrace digital technologies for growth. Registration is now open to access fully funded expert advice, leadership training, student interns and up to £20,000 technology grants to help them drive growth, productivity and sustainability. The Made Smarter Adoption programme is an essential part of the UK Government’s commitment to improving productivity and driving the digital transformation of the manufacturing sector. With the successful launch in other English regions – including the North West, North East, Yorkshire and the Humber, the West Midlands and East Midlands – Made Smarter has already demonstrated how technology and digital skills can revolutionise manufacturing businesses. From April 1, following the Government’s £16 million investment into the expansion of the programme, manufacturers in the South East, South West, East of England and London will be able to thrive in the digital age. Brian Holliday, Co-Chair of the […]

Digital Transformation in the Racing Shells Market: What's Driving Change?

Digital Transformation in the Racing Shells Market: What’s Driving Change?

Racing Shells Market Racing Shells Market Revenue was valued at USD 300 Million in 2024 and is estimated to reach USD 450 Million by 2033, growing at a CAGR of 5% from 2026 to 2033. Racing Shells Market Future Scope The Racing Shells Market was valued at approximately USD 250 million in 2022 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.3% from 2022 to 2030. The increasing demand for lightweight, high-performance rowing boats among professional athletes and rowing clubs is one of the key factors driving this market’s growth. With the rising interest in water sports and the need for advanced boat designs, the market is poised for steady expansion in the coming years. Moreover, technological advancements in materials, such as the use of carbon fiber and fiberglass composites, have significantly improved the durability and performance of racing shells, further propelling the market’s growth. In addition, the growth of recreational rowing activities is anticipated to contribute to the market’s overall revenue generation. The future scope of the Racing Shells Market is expected to witness substantial growth due to continuous innovations in the design and manufacturing processes. As rowing continues to gain popularity globally, […]

"India's Digital Transformation An Example For The World": LSE Vice Chancellor To NDTV

“India’s Digital Transformation An Example For The World”: LSE Vice Chancellor To NDTV

The president and Vice chancellor of the prestigious London School of Economics was in Delhi, and in an exclusive interview with NDTV, Professor Larry Kramer spoke about the links between India and LSE, the recent wave of student protests in the West, importance of diversity on college campuses and how well India is positioned to mediate in matters of conflict raging in the world. 7.7-Magnitude Earthquake Hits Myanmar, Strong Tremors Felt In Bangkok "Didi Walks Like Royal Bengal Tiger": Mamata Banerjee To Left Protesters In UK US Chat App Leak Case: Officials Ordered To Preserve Conversation South Korea Violated Human Rights To Meet Adoption Demand, Probe Finds Gautam Adani Is India’s Biggest Wealth Gainer: Hurun Global Rich List US Health Department Cutting 10,000 Workers Reports: Lakshmi Mittal May Leave Britain Iran Ready For Indirect Talks With US Australia To Hold General Election On May 3

Party’s digital transformation project targets comprehensive modernization

Party’s digital transformation project targets comprehensive modernization

The Communist Party of Vietnam is aggressively pursuing digital transformation across all levels by 2025, aiming to modernize operations, enhance efficiency, and streamline communication through comprehensive digitization. Politburo Member and Permanent member of the Party Central Committee’s Secretariat Tran Cam Tu is presiding over the second meeting of the Steering Committee for Digital Transformation in Party agencies Inevitable trajectory in contemporary landscape On December 22, 2024, the Politburo promulgated Resolution No. 57-NQ/TW about strategic breakthroughs in science, technology, innovation, and national digital transformation. It emphasizes that advancing science, technology, innovation, and digital transformation is a pivotal strategic breakthrough, crucial for modernizing production, refining governance, and fostering socio-economic development. This directive, designed to prevent developmental lag and accelerate national progress, has received broad endorsement from cadres, Party members, scientists, and businesses, who recognize it as a transformative reform in science and technology. Decision 204-QD/TW, approved on November 29, 2024, launches the Digital Transformation Project within Party Organs, recognizing digital transformation as vital for modernizing Party operations. The project aims to optimize task processing and cultivate a digital work culture. The key objectives include transforming leadership, management, and work styles, enhancing efficiency, and reducing task resolution times. This effort will significantly […]

The digital transformation of community pharmacies: from scripts to smart services

The digital transformation of community pharmacies: from scripts to smart services

The role of the community pharmacy is evolving. Once a trusted corner shop for essential medicines, today’s independent pharmacies must compete in a landscape dominated by retail chains, online pharmacies, and shifting patient expectations. The challenge is clear—how do independent pharmacists not only survive but thrive in this changing environment? 28 Mar 2025 Source: Supplied. Mthobisi Kgathi, Business Development Manager – Health & Retail Solutions, BCX. The answer lies in transformation. In a world where convenience and efficiency drive consumer behaviour, embracing innovation is no longer optional. Technology is proving to be the great equaliser, allowing independent pharmacies to enhance patient care, streamline operations, and redefine their place in the healthcare ecosystem. Those who successfully integrate digital tools are finding themselves not just keeping up but leading the charge in a new era of patient-centred pharmacy care. The evolving role of community pharmacies Community pharmacies have come a long way from their traditional roles. Historically, they served as local hubs for essential medicines and basic health advice. Today, they face competition from large retail chains and online pharmacies, which offer convenience and competitive pricing. Patients today are looking for more than just a prescription to be filled or dispensed. […]