Insights for Digital Transformation in Retail

Insights for Digital Transformation in Retail

What are the challenges while developing a vision for digital change? Digital transformation in retail industry most often lag because of people and organizational issues, such as siloed behavior, talent gaps, change resistance and competing priorities. The 2023 CIO Agenda explores how CIOs will invest in technologies in 2023 as compared to 2022. Download this infographic to explore the 3 critical priorities for CIOs in retail industry to accelerate retail digital transformation. To drive retail digital transformation, Younghui Superstores created a “new retail” strategy and needed to verify if the strategy could meet current as well as future business needs. Using Gartner research and expert advisors, our client was able to strategically validate the new strategy and create a more flexible IT infrastructure in line with the business goals.

Air Liquide FY sales slightly below consensus, plans clean energy projects

Air Liquide FY sales slightly below consensus, plans clean energy projects

The Air Liquide logo is displayed in Bouliac, near Bordeaux, France, September 16, 2019. REUTERS/Regis Duvignau/File Photo Feb 16 (Reuters) – Air Liquide (AIRP.PA) reported on Thursday annual sales only slightly short of consensus, saying the French industrial gases company’s resilience would allow it to invest in decarbonization and energy transition projects in Europe and the United States. The results were hit by a record energy impact reaching 16% annually, caused by the war in Ukraine and high inflation environment, the company said. The company added it is still resilient thanks to a broad presence in different geographies and the company’s ability to adapt to the challenging environment. The supplier of gases such as oxygen, nitrogen and hydrogen to factories and hospitals posted sales of 29.93 billion euros ($32.04 billion) in 2022, slightly below the 29.96 billion euros ($32.08 billion) average forecast from a company-provided consensus. One of the largest hydrogen producers in the world pointed to significant investment opportunities in United States, especially along the Gulf Coast, resulting from the Inflation Reduction Act (IRA). Latest Updates Air Liquide benefits from the clean energy transition in the United States, especially after President Joe Biden signed the $430 billion Inflation […]

Sustainability: An Imposed Requirement or A Market Opportunity?

Sustainability: An Imposed Requirement or A Market Opportunity?

During the recent International Production & Processing Expo in Atlanta, Ga., it seemed to me that sustainability was on the minds of many attendees and exhibitors. It could be that I was especially tuned into the topic with the launch of the Institute for Feed Education and Research’s Animal Food Industry Sustainability Toolkit during the show, but let me give you some context. The Animal Agriculture Sustainability Summit , hosted by the North American Meat Institute, U.S Poultry & Egg Association (USPOULTRY) and IFEEDER, was standing room only. The Feed Strategy Feed Mill of the Future program had a strong focus on sustainability and sold out of seats. And, the AFIA Pet Food Conference panel on sustainability, which I moderated, received so many thoughtful audience questions that I didn’t get to ask many of my own! Beyond that, many exhibitors’ booths integrated sustainability. For example, I visited with Terry Medemblik, president of Walinga USA, about his company’s prototype EV grain trailer and was impressed with the implications it has for sustainability. None of the engagement around sustainability surprises me though, given last year our member survey showed 80-90% of members across all industry segments viewed sustainability as “important” or […]

LSU professor: Louisiana’s industrial emissions are an economic carbon capture opportunity

LSU professor: Louisiana’s industrial emissions are an economic carbon capture opportunity

The CF Industries plant outside of Donaldsonville. An LSU professor said the carbon dioxide emissions that come from the plant, the largest greenhouse gas emitter in the state, could be an economic opportunity. STAFF PHOTO BY MICHAEL JOHNSON Carbon capture represents a significant economic opportunity for Louisiana, in part because the state already emits so much carbon dioxide, an LSU chemical engineering professor said Thursday. “There’s a lot of byproduct CO2 that we just emit right now that if you had a way to sequester it here in Louisiana, it’s a pretty good situation economically,” said John Flake, the former chair of LSU’s chemical engineering department and a researcher with the H2theFuture “green” hydrogen initiative spearheaded by GNO Inc. Flake made his remarks during a keynote presentation at TEC Next, a Baton Rouge industry technology and networking conference. The two-day event is hosted by the Greater Baton Rouge Industry Alliance and the Baton Rouge Area Chamber and sponsored by ExxonMobil. Global carbon dioxide emissions, particularly from heavy industrial sectors, have come under fire over the last several years, in part because of the 2015 Paris agreement that guides global climate change efforts. That scrutiny is also ramping up in […]

CNBC-TV18: The 5G Opportunity Featuring Neil Shah

CNBC-TV18: The 5G Opportunity Featuring Neil Shah

Our Research Vice President Neil Shah is joining CNBCTV18 as a panelist for Twitter Spaces themed ‘The 5G Opportunity: Driving The Next Wave Of Digital Transformation For Consumers & Enterprises’. Title: The 5G Opportunity: Driving The Next Wave Of Digital Transformation For Consumers & Enterprises Date: Thursday, February 23, 2023 Time: 5pm IST Summary: 5G technology has impacted the global economy and society in a number of ways thanks to the increased speed and connectivity that its network offers. Commercially speaking, 5G will bring in automation and will also lead to the growth of newer technologies like AI and ML. 5G will provide new opportunities for businesses to create innovative solutions by unlocking opportunities and overcoming challenges in making communication, connection, and commerce seamless. Among the most prominent 5G use cases are the way consumers play, entertain, interact, and make the most of technology to make their lives faster. With higher speed and lower latency, 5G will bring about the next wave of transformation in the lives of consumers. This session will address how 5G will bring about the next wave of digital transformation across consumer and commercial use cases. Broad pointers of discussion: Meeting India’s Connectivity, Flexibility & […]

Recessions: How CMOs Can Turn Hard Times into Growth

Recessions: How CMOs Can Turn Hard Times into Growth

The Gist Data’s your friend. CMOs should use data to optimize marketing spend and campaigns during recessions. Retention + satisfaction = CX win. CMOs should prioritize customer retention and satisfaction by improving customer experiences. Marketing transformation. CMOs should invest in industrializing customer data to make better, more informed decisions and transform how they market to both existing and new customers. Recessions are a challenging time for every business function. They are a time for leaders to stand and deliver. For CMOs, recessions are an opportunity to become data driven. Recessions are a time for CMOs to do three things: 1) show off their data chops, 2) fix their firm’s customer experience, and 3) invest in industrializing their customer data. All three will help their organizations better weather recession and come out of recession stronger. Let’s look at how each matters. Time for CMOs to Show Their Data Chops Obviously, it is critical that CMOs be good stewards of the marketing budget during a recession. This is about more than just cutting expenditure. It is about ensuring that marketing spend and campaigns deliver leads and revenue. To do this, CMOs need to use data to figure out which campaigns and […]

Perficient: An Opportunity For Long-Term Technology Industry Bulls

Perficient: An Opportunity For Long-Term Technology Industry Bulls

courtneyk Investment Thesis: Perficient Inc. (NASDAQ: PRFT ) has been performing very well post Covid-19. The company has been capitalizing on the digital transformation opportunity, which will be accelerated at a CAGR of 16.5% with an expected investment of $6.3 trillion (about $19,000 per person in the US). The numbers look consistent for revenue , and EPS growth has been 21% over the last five years. The company has a long track record of success in providing IT consulting services combined with its focus on emerging technologies like cloud computing and artificial intelligence (AI). PRFT’s performance has remained solid despite economic headwinds over the past few years, making it one I plan to watch and evaluate going forward. What do they do? Perficient Inc is a digital transformation consulting firm that provides a range of services such as strategy, design, and technology solutions and is headquartered in St. Louis, Missouri, USA, with 7500 employees. The company also offers specialized services, including cloud computing, analytics & data management, mobile application development, eCommerce platforms & integration solutions. They creatively approach their work by embracing recent technologies, techniques, and design principles to deliver innovative and practical solutions to their clients. Recent Corporate […]

03/2023 - 5th Planet Games has the opportunity to Invest in Skybound Entertainment

03/2023 – 5th Planet Games has the opportunity to Invest in Skybound Entertainment

COPENHAGEN, February 17th, 2023: 5th Planet Games A/S (OAX: FIVEPG) announces that it has the opportunity to make an investment of 500,000 U.S. Dollars into the Regulation A Tier 2 offering of Skybound Holdings LLC. An Extraordinary General Meeting will be announced shortly for the shareholders in 5th Planet Games to vote on the Skybound investment opportunity. The investment will only be carried out if the general meeting approves the proposal to invest. Skybound has published an Offering Circular setting out the details regarding its Regulation A Tier 2 Public Offering (RegA+), which is available here: https://www.sec.gov/Archives/edgar/data/1867925/000149315222035665/form253g2.htm On top of being a major investor in 5th Planet Games, Skybound is one of the world’s leading entertainment companies, producing video games, comics, movies, television, music, board games, merchandise, books and audio programming. Skybound is the company behind the award-winning The Walking Dead and Invincible franchises. o The Walking Dead was the #1 most watched scripted TV show on cable and the highest rated show in cable TV history, with half a dozen TV series and over 112 million viewers. The Walking Dead franchise has driven over $10 billion in revenue across all platforms. o Invincible is a star-studded animated Amazon […]

Sandwich chain Subway explores sale of business

Sandwich chain Subway explores sale of business

By Peter Hoskins and Annabelle Liang Business reporters Global sandwich chain Subway says it is exploring a possible sale of the business after almost six decades of family ownership. The firm has been growing rapidly for years but is now facing soaring costs and increased competition. A sale of the company could value it at more than $10bn (£8.2bn), according to the Wall Street Journal, which first reported the story. Investment banking giant JP Morgan is advising Subway on the potential sale. Subway said that it does not plan to give any further updates on the process until it is completed and has not said how long it could take. The man who made burgers and pizzas popular in India Domino’s pulls out of the birthplace of pizza Earlier this month, the company announced its second year in a row of record sales. Subway said same-store sales rose 9.2% last year, compared to 2021. It added that it would "continue to execute against its multiyear transformation journey", that includes new menu items and modernising its restaurants. Subway was founded in 1965 as Pete’s Super Submarines in Bridgeport, Connecticut, by 17-year-old Fred DeLuca and family friend Peter Buck. It went […]

34-year-old lived on $19,000/year as a waitress. Now she runs a $100,000 business and makes $27,000 in passive income

34-year-old lived on $19,000/year as a waitress. Now she runs a $100,000 business and makes $27,000 in passive income

After graduating from college in 2011, I had $30,000 in student debt and was working a part-time waitressing job for $19.50 an hour. My quarter-life crisis made me realize I needed to figure out my finances fast. I didn’t want to continue being stuck in debt and living on $19,000 a year, so I started learning everything I could about personal finance. Thanks in part to several side hustles and being frugal with my money, I eventually paid off my debt. I also started an educational platform called Bravely Go , where I help women create sustainable money habits and build wealth though digital workshops, courses and speaking engagements. Today, at 34, I run a business that brings in more than $100,000 in sales and $27,000 in passive income a year. Here’s how I took charge of my finances and built a community that empowers women to do the same: 1. I shared my story to help me stay accountable. One of the biggest things that helped me turn my finances around was blogging about it, especially as I made progress with paying off debt. In addition to my catering gig, I took on part-time jobs as a social […]