Schneider Electric Debuts First Annual Sustainability Impact Awards

Schneider Electric Debuts First Annual Sustainability Impact Awards

First-of-its-kind global award platform celebrates industry leaders that prioritize innovation and decarbonization Five winners from the U.S., one winner from Costa Rica are recognized for their outstanding sustainability achievements Empowering partners to deliver digital transformation, sustainability, and efficiency in the new electric world BOSTON, March 9, 2023 /PRNewswire/ — Schneider Electric , the leader in the digital transformation of energy management and automation, today announced its first-ever Sustainability Impact Awards , an inaugural program that recognizes the critical role that Schneider’s partners and customers play in delivering a more resilient and sustainable electric world. The North American Impact Leaders demonstrated exceptional leadership and an accelerated path toward their decarbonization goals for the region. The global recipients will be announced later this Spring. Continue Reading First-of-its-kind global award platform celebrates industry leaders that prioritize innovation and decarbonization Tweet this Schneider Electric Sustainability Impact Awards The future of sustainability depends on breaking down siloes across value chain partners and supporting customers through their sustainability goals. With this in mind, the global recognition program seeks to engage the role Schneider’s partners play in delivering a combined impact across the region. The first annual 2023 Sustainability Impact Awards for North America recognized six […]

Manufacturing Execution Systems/Manufacturing Operations Management Remain a Key Enabler for Digital Transformation Initiatives

Manufacturing Execution Systems/Manufacturing Operations Management Remain a Key Enabler for Digital Transformation Initiatives

Manufacturing Execution Systems (MES) is a key enabler for digital transformation initiatives and IT/OT integration. The scope and capabilities performed by traditional MES has expanded. As such, the terminology used to describe MES has also evolved. “Next Generation” MES solutions are often referred to as MOM/Production Management. MES/MOM solutions are also referred to as Smart Manufacturing by experts involved in developing “smart factories.” Many experts often note differences in functionalities between traditional MES offerings and MOM/Production Management solutions, but ARC’s MES research does not distinguish between the two. In ARC’s mind the scope of MES applications has expanded over the years to include many of the “next generation” digital transformation technologies being used as buzz words in the press today. Regardless of the label used to describe it, MES/MOM applications remain a key enabler for any successful IT-OT convergence. This truth has not gone unnoticed by manufacturing companies, as highlighted by a recent survey ARC conducted amongst end user clients regarding the role different technologies play in the digital transformation. In fact, eight out of ten respondents expect MES to Play a Significant Role in the Digital Transformation One of the common takeaways from ARC’s discussions with MES vendors […]

Redefining Digital Transformation and Online and Threats

Redefining Digital Transformation and Online and Threats

Sapphire Connect recently concluded the first edition of the BFSI Connect Summit 2023 on the 24th of February 2023 at Hotel Taj Santacruz, Mumbai, with PwC India Coffee Table Book Launch Mumbai, 9th March 2023: The BFSI sector has been at the forefront of digital transformation driving innovation to fuel performance and improve customer experiences. There has been a massive shift from financial inclusion to financial empowerment, from adopting new-age digital solutions to reaching and connecting with customers on various digital platforms. As a result, making it essential to anticipate consumer needs, recognize them, and provide them with tailored solutions. Keeping this in mind, Sapphire Connect recently concluded the first edition of the BFSI Connect Summit 2023 on the 24th of February 2023 at Hotel Taj Santacruz, Mumbai with PwC India as our Knowledge Partner. This summit hosted 3 tracks each focusing on the main element of the BFSI sector: Digital Banking, Cyber Security, and Technology Transformation. Alongside some thought-provoking discussions during each track, the key highlight was the launch of the Coffee Table Book celebrating the achievements of leaders in the BFSI industry. India’s Most Agile CDOs 2023 features a few digital banking leaders, who have demonstrated exceptional […]

U.S. Tech Company Navisite Expands Globally with Presence in Costa Rica

U.S. Tech Company Navisite Expands Globally with Presence in Costa Rica

Navisite taps into Costa Rica’s fast-growing tech hub and highly skilled workforce to support the demand in Latin America for its digital transformation expertise and services SAN JOSÉ, Costa Rica, March 9, 2023 /PRNewswire/ — Navisite , a global leader of strategic advisory and digital transformation services for mid-market and smaller enterprise companies, announced today the expansion of its global presence with a new office in WeWork Cariari Corporate Center , Costa Rica. Continue Reading CINDE Ministry of Foreign Trade Working closely with CINDE , the Costa Rican Investment Promotion Agency, Navisite will take advantage of the country’s investment in digital readiness and highly skilled, educated workforce to provide cloud, enterprise application, data management, intelligent automation and cybersecurity solutions. "Costa Rica offers a diverse, digitally savvy workforce that will enable us to grow our presence in Latin America and support the needs of customers with the resources and capabilities they need in the region as they look to modernize their businesses," said Mark Clayman, CEO of Navisite. "CINDE has been a great partner for us, providing valuable guidance and support to help us quickly ramp up and establish our operations in this country." Navisite is a recognized leader for […]

Closing the gender gap through digital and social inclusion: The Togolese case

Closing the gender gap through digital and social inclusion: The Togolese case

Editor’s Note: Below is a viewpoint from the Foresight Africa 2023 report, which explores top priorities for the region in the coming year. Read the full chapter on gender . Over the past decade in Togo, the mobile penetration rate has nearly doubled —from 40 percent in 2011 to 78 percent in 2021; the internet penetration rate, while below 5 percent in 2011 reached 75 percent in 2021—a fifteenfold increase; and the mobile money penetration rate grew rapidly from 0 percent in 2011 to 58 percent in 2021. These statistics show that Togo has made a significant leap in digital infrastructure. Yet, more than 40 percent of the country’s telephone base is made up of 2G mobile phones, which are not suitable for exploiting the full potential of digitized public and social services, as well as the universe of possibilities offered by the internet. If we have learned anything from the COVID-19 pandemic, it is that digital transformation can be a powerful tool to ease inequalities in society, by providing essential services to those in remote and hard-to-reach areas, as well as to those most in need. Regrettably, however, in low- and middle-income countries , women are 7 percent […]

How digital transformation helps firms' business development

How digital transformation helps firms’ business development

Every year, the Hinge Research Institute examines how the fastest-growing accounting firms have achieved consistent growth and prosperity in its High Growth Study . This year’s study showed some surprising changes in the methods that firms are using to track marketing and business development metrics, and it suggests that even high growth firms could benefit from a commitment to a digital transformation. To understand just how surprising the results of this year’s answers on marketing and development metrics were, it helps to remember another report the Hinge Research Institute recently released. In Inside the Buyer’s Brain , the Institute’s research showed that consumers of professional services relied on web searches for information on work-related topics more than any other source except for recommendations from peers or colleagues. In other words, when a potential client is looking to solve a problem that might require help from an accountant, that person is searching the web to find out who has posted insightful content on the issue. How are firms planning for marketing and business development?

Proserv, Intelligent Plant sign new agreement to innovate digital transformation services in energy sector

Proserv, Intelligent Plant sign new agreement to innovate digital transformation services in energy sector

(WO) – Global controls technology company Proserv has signed a fresh agreement with Intelligent Plant, the Aberdeen based software engineering firm and data analytics experts. The new arrangement extends a previous alliance announced in late 2020. Proserv and Intelligent Plant agreement – Davis Larssen (L) and Steve Aitken (R) That tie-up first brought the two parties together to innovate impactful digital technology service offerings and models, based around open data access, real-time condition monitoring and the provision of subject matter expertise. This new deal reinforces Proserv’s position as a worldwide distributor and supplier for Intelligent Plant’s various products and applications. It also enables the two parties to collaborate even more closely to develop further disruptive software as a service (SaaS) solutions, leveraging Proserv’s wide domain knowledge, its control system integration capabilities and its OEM agnostic technology philosophy, alongside Intelligent Plant’s accessible, flexible data capture and award-winning analytics expertise. The decision to forge this updated agreement follows a positive response from the energy market to their present SaaS offerings and combined skill sets, whereby the two parties can deliver live intelligence on the operational performance and condition of critical infrastructure, supporting future maintenance scheduling, process optimization and ultimately life extension. […]

Young adults look at old-people jobs as a fresh opportunity

Young adults look at old-people jobs as a fresh opportunity

A young Fresh Manager, the job title for sellers of the Korean Yakurt products, arranges dairy goods on her mobile refrigerated cart [HY] As a woman 28 years young, Kang, who sells Yakult products at offices and apartment complexes in Korea, is something of an exception in the business that largely has been dominated by ajumma (middle-aged women). Sellers of the Korean sweet probiotic drinks are known for their friendly motherly presence as they scoot around in beige uniforms on a refrigerated motorized cart full of dairy goods, and have long been referred to as Yakult ajumma. “Customers would first call me ‘Yakult ajumma’ and then be surprised that I’m not an ajumma after seeing my face,” Kang said. Like Kang, today’s Yakult ajumma are no longer just middle-aged women in their 40s and 50s but also eonni — the Korean word used affectionately to refer to females a few years older than oneself. There were only 22 people in their 20s and 30s who joined the Fresh Managers team in 2017, but that number reached around 800, or 8 percent of the total, as of December 2022, according to the company, hy, formerly known as Korea Yakult. Fresh […]

EBRD scales up support for gender and equality of opportunity

EBRD scales up support for gender and equality of opportunity

Bank more than doubled its investments in gender-focused projects in 2021-22 Thirty-seven per cent of Bank investments in 2022 were Gender SMART Almost a quarter of Bank investments promoted equality of opportunity and human capital resilience, especially in regions affected by war and crisis The European Bank for Reconstruction and Development (EBRD) has been scaling up its efforts to promote equality of opportunity and to increase the role of women in the economies where it invests. The successful incorporation of EBRD’s new Gender SMART process into all sectors, led to a record 37 per cent Gender SMART investments in 2022, up from 35 per cent in 2021 and 15 per cent in 2020. The process aims to achieve an investment culture driven by gender equality. As part of its climate investment and associated policy engagement, the Bank has stepped up its work to support equality of opportunity and increase the role of women, in particular. At the COP27 climate conference in November 2022, the EBRD unveiled the Gender Equality in Climate Action (GECA) initiative in partnership with the African Development Bank and l’Agence Française de Développement. GECA helps countries to better integrate gender into their national climate commitments and […]

Face tech – recognising the retail opportunity

Face tech – recognising the retail opportunity

From age verification to catching criminals, how are retailers using facial recognition technology to push forward their businesses? There are few things in the retail industry that will generate more negative sentiment and attention from the media and privacy campaigners than the use of facial-recognition software in stores. There are major opportunities to be potentially derived from artificial intelligence (AI)-powered facial recognition software, but could the retail industry miss out on many of these because of the technology’s negative and controversial reputation? Fraser Sampson, biometrics and surveillance camera commissioner, recently delivered a major paper on dealing with this delicate balance to the home secretary, stating: “We are on the precipice of a technological revolution in the way we do things.” This requires action, he argues: “We urgently need to wake up to the opportunities presented, and the threats posed, by the explosion of capability in AI-driven biometric surveillance. If we fail, we risk missing out on the potential benefits it can offer and exposing ourselves to the potential dangers it poses.” He acknowledges that live facial-recognition (LFR) technology can be intrusive to privacy , but he also believes it can combat serious crime and abuse. Sampson has concerns that […]