Representative Image Image Credit: ANI Artificial Intelligence, multi-cloud, quantum computing and sustainability applications are expected to be key drivers shaping digital transformation in 2023, according to a latest report by Indian IT services company HCL Technologies. The 2023 edition of HCL Tech’s Tech Trends report has also predicted 5G applications going mainstream. 5G will become the de facto standard in the coming years, with increased collaboration between telecom companies and enterprises leading to innovative 5G applications growing manifold. ”We’ve put together the top 10 technology trends to watch out for in 2023 that will help enterprises be future-ready and build resilience within their organisation to thrive in any new normal,” Kalyan Kumar, Chief Technology Officer and Head of Ecosystems of HCL Tech said in a release. HCL Tech report has identified AI, multi-cloud, quantum computing and sustainability applications as key drivers of digital transformation in 2023. The year 2023 will witness a wide-scale democratisation of AI, right from enabling chatbots to integrating into the chip industry for developing AI-ready hardware. Progression to multi-cloud will accelerate significantly in 2023. Sovereign and industry clouds will be more widely accepted, with over half of the enterprises using industry cloud solutions by 2027, […]

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Illustration: © IoT For All The retail industry is in a state of flux. With the rise of e-commerce, traditional brick-and-mortar stores have faced the challenge of adapting or being left behind. Digital transformation has become an essential part of any modern business strategy, and the retail sector is no exception. Yet, given this market’s competitive nature, some risks are involved in taking such drastic measures. We will explore these risks, as well as how digital transformation can benefit the retail sector if done correctly. We will also look at what retailers need to consider when making the transition from traditional to digital operations. “Digital transformation has become an essential part of any modern business strategy, and the retail sector is no exception.“ -Vishal Rajan What is Digital Transformation? Digital transformation is integrating digital technology into all areas of a business, resulting in fundamental changes to how companies operate and deliver value to customers. It’s a journey that can be difficult, but the rewards are significant. For retail businesses, the stakes are high. The retail sector is under pressure as consumers shift their spending to experiences over things, and as Amazon and other online players eat away at brick-and-mortar […]

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The launch closes a gap in current consulting offerings. DALLAS and BERLIN, Feb. 15, 2023 /PRNewswire/ — Credera , Smart Digital, and Omnicom Precision Marketing Group (OPMG) announced the launch of Credera Deutschland today in Germany. With this first footprint in the European mainland, Credera is continuing its impressive expansion path with year-over-year revenue growth, geographic expansion, and strategic acquisitions. Credera Deutschland will be a joint venture between Credera and OPMG´s Smart Digital, a company specializing in digital technologies, intelligent automation, and data-driven marketing. Credera is a global boutique consulting firm focused on strategy, transformation, data and technology. (PRNewsfoto/Credera) Credera Deutschland fills a gap in the German market´s demand. Leaders across functions and industries are focused on digital transformation to maintain customer relevancy. Credera’s consulting model avoids the pitfalls of creating ideas or a strategy without considering the critical operational execution of the strategy. Implementation, automation, and organizational change are essential parts of a successful digital transformation. Credera has successfully proven to be the partner that delivers this capability in numerous global enterprise engagements. Credera´s unique and valuable working model has helped companies gain efficiencies and transform their businesses across strategy, transformation, data, and technology to meet modern consumers’ […]

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Bayer is using drones to collect farming data across 80 million acres and satellite data to predict soil moisture down to the square meter. These are just two examples in a transformation that is impacting every part of the business and all 100,000 employees, as undertaken under the helm of Bijoy Sagar, the multinational’s chief information technology and digital transformation officer. I recently had a chance to discuss Bayer’s tiered approach to digital transformation with Sagar, as well as the IT chief’s thoughts on ramping up digital literacy in the C-suite and the determining the right time to disrupt your legacy business. On the heels of one of the largest cloud transformations in Europe, Sagar has Bayer on track for a highly digital future. Following are excerpts from that conversation. [ Learn from your peers: Check out our State of the CIO report on the challenges and concerns of CIOs today. | Find out the 7 skills of successful digital leaders and the secrets of highly innovative CIOs . ] Martha Heller: How would you describe Bayer’s digital transformation? Bijoy Sagar: We have three tiers of digital transformation. The first is building new business models. For example, we have […]

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Sponsored Content by Benchmark | Gensuite® For business leaders, the enduring outcomes of the pandemic era, from persistent supply chain snarls, hybrid work modes, and labor shortages to the entrenchment of stakeholder expectations for enterprise sustainability, has made one thing clear. Our corporate immune systems are weak. Indeed, reactive risk management frameworks, even when undergirded by a wealth of standardized mitigation protocols, are demonstrably ill-equipped to meet businesses’ actual, anticipated, and unknown needs. But that doesn’t mean enterprise resilience, however intangible it may seem, is unattainable. The key to building it lies with improved planning and preparation; processes that, when well executed, lend themselves to a more efficient, effective, and eventually more proactive risk management and mitigation framework. For business leaders to maintain their footing against internal and external risks, including those that affect Environmental, Social, and Governance (ESG) performance outcomes, they will need to focus on operational processes and a heightened level of employee engagement which requires the application of advanced digital technologies to strengthen their operational data collection, management, reporting, and especially analysis capabilities. To execute this digital transformation, the Environment, Health and Safety (EHS) function is a natural launchpad. EHS leaders and their teams possess unique […]

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Pandemic-inflicted global disruption caused government organizations to renew their focus on and accelerate the transition to digital government. For CIOs, achieving true digital transformation within government requires a full commitment to emerging technologies and capabilities that can scale across an organization. The transition to digital government means organizational change, which can be difficult to achieve at times. This is reflected in the diverse levels of advancements in digital transformation from one government organization to the next. What digitally advanced governments do differently The recent Gartner Digital Transformation Divergence Across Government Sectors Survey explored the differences in objectives, practices and makeup of digital initiatives that have led to successful transformation implementations. If you focus your priorities in the same way, you can expect to deliver on your digital government strategies more effectively. The three practices that digitally advanced governments share are: No. 1: They focus on transformation and optimization They devote attention and resources to: Redesigning existing end-to-end processes Creating new digitally enabled services or ways to deliver value Transforming the citizen or stakeholder experience of using the organization’s services Automating parts of end-to-end processes to transform the experience associated with the government service They also optimize their existing practices, […]

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As one of Atlanta’s biggest franchisors takes on a digital upgrade, it is refreshing its C-Suite with a new chief technology officer. Restaurant franchisor Focus Brands appointed Nandu Gandhi to the role, according to a news release . Prior to the new position, he held digital transformation roles at companies such as Macy’s Inc. and The Home Depot Inc. The move was effective in late January, a spokesperson told Atlanta Business Chronicle. Gandhi is succeeding Tim Voss , who was in the position for less than a year. Voss now holds a CTO position at Georgia-based Edible Brands LLC, according to LinkedIn . Gandhi’s appointment comes as the company looks to undergo a digital transformation across its portfolio, according to the release. The company’s digital transformation started in 2021, building out capabilities in data science, digital platforms, loyalty programs and its tech stack. Gandhi will drive the project forward with his new position, helping the company grow digital traffic and sales. The news is the latest in Focus Brands’ recent C-suite shakeups . Last month, it appointed Julie Younglove-Webb as chief brand officer of Auntie Anne’s, Jim Cannon as senior vice president of design and construction and Chris Newman […]

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Academics and Programs Daniela (Ela) Castellanos-Reyes is the newest Chancellor’s Faculty Excellence Program cluster hire at NC State University. In August, she will join NC State’s Digital Transformation of Education cluster’s interdisciplinary team and NC State’s College of Education as an assistant professor of learning, design and technology. Currently, she is a National Academy of Education/Spencer Dissertation Fellow earning her Ph.D. in learning design and technology from Purdue University. “I decided to join the College of Education at NC State because of its interdisciplinary and methodologically innovative approach to educational research, specifically as part of the Digital Transformation of Education cluster,” said Castellanos-Reyes, whose appointment will be in the Department of Teacher Education and Learning Sciences . “Given that the essence of my work is interdisciplinary collaboration, I’m positive that NC State has the perfect environment to nurture my research agenda.” As part of the Chancellor’s Faculty Excellence Program, the Digital Transformation of Education (DTE) cluster brings together efforts across multiple colleges that address the potential of digital technologies to enhance learning in formal and informal education settings in the context of both existing and future technologies. The DTE cluster currently has core and associated faculty in both the […]

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Toronto Dominion Bank increased its holdings in Baidu, Inc. ( NASDAQ:BIDU – Get Rating ) by 1,470.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,535 shares of the information services provider’s stock after purchasing an additional 20,164 shares during the quarter. Toronto Dominion Bank’s holdings in Baidu were worth $2,531,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other large investors also recently modified their holdings of the business. Alterna Wealth Management Inc. bought a new stake in shares of Baidu in the third quarter worth about $241,000. Metis Global Partners LLC bought a new stake in Baidu during the 3rd quarter valued at approximately $457,000. IFP Advisors Inc boosted its position in Baidu by 228.8% during the 3rd quarter. IFP Advisors Inc now owns 1,223 shares of the information services provider’s stock valued at $250,000 after acquiring an additional 851 shares in the last quarter. ARGA Investment Management LP boosted its position in Baidu by 13.2% during the 3rd quarter. ARGA Investment Management LP now owns 3,078,803 shares of the information services provider’s stock valued at $361,721,000 […]

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A shifting real estate market can be a challenging time for inexperienced agents. It’s important to remember that a shifting market can also present numerous opportunities for those same agents to grow and succeed. As the market becomes more complex and competitive, some agents may struggle to keep up and may ultimately decide to leave the industry. But this doesn’t have to be your story. While the shifting market can be tough and even cause some agents to leave real estate behind, it can also be a positive development for agents willing to develop better skills and more expertise. There’s plenty of business to be had in the current market if you become the kind of agent suited to finding it, converting it and closing it. There are more clients than you think While a shifting real estate market can bring about change and uncertainty, it’s important to remember that people’s housing needs don’t disappear just because the market is in flux. People still need to move for a variety of reasons including life changes, employment opportunities and retirement. Whether the market is hot or cold, people will always need help finding a new home that meets their needs […]

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