Dear AM-online users, it’s time to tell you of an important and exciting development at AM. We are planning to transform digitally towards a more sustainable future where we put the focus on our website and newsletters, as well as our highly successful events, webinars and podcast. We will also produce new digital ‘Industry Special’ reports, offering insight into all the key elements of motor retailing as our industry evolves rapidly digitally, supports consumers in their transition to zero emission vehicles and trials new retail business models. Please see further down this page to find out what we have in store for 2023. If you’d like to opt-in and ensure you see our new content please register . AM magazine In March 2023, we plan to publish our final issue of AM magazine. AM needs to be more flexible, agile, accessible, and distinctive and we are confident that this development will achieve our goals. This will ensure we continue to enable senior management in franchised dealers, independent dealers and aftersales to make informed decisions, navigate change, save costs and deliver profitable and sustainable business growth. Should you have any queries, please feel free to contact us . Yours sincerely, […]

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Last Thursday, February 2 saw a gathering of Chief Executive Officers (CEOs), Chief Information Officers (CIOs), and Senior Business and IT Heads at the Radisson Blu Anchorage Hotel, Victoria Island, Lagos. It was an exclusive digital transformation event hosted by one of Nigeria’s foremost technology solutions companies – TDS Hitech Solutions Limited, in partnership with Oracle. The event was an opportunity for businesses to connect and learn how to build and optimize next generation Datacenter with cloud-ready and cost-effective Oracle Hardware and Software Solutions. With Oracle Senior Sales Leader – Sam Steins delivering keynote presentations on Digital Transformation and Cost Optimisation using Oracle infrastructure. With Cloud deployment gaining momentum, Oracle provides a wide range of cloud-ready Hardware Solutions. According to Sam, whether customers decide to run an on premise, hybrid, or cloud solution, Oracle ensures an adaption model that can deliver the best performance, scalability, and cost-effectiveness along with the shortest time to market. Franklin Ezeji, the CEO of TDS Hitech Solutions Ltd emphasized the company’s strategic partnership with Oracle, adding that TDS has to resell rights for Oracle Hardware, license, and Cloud services. In addition to being an authorized Field Delivery Support partner, He confirms that TDS can […]

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The Big Picture Crowdsource Innovation The lack of digital maturity among most organizations will continue to pose challenges for them in attracting and retaining top talent, according to an HR expert. Young people expect work processes to be advanced, accessible and automated, she says. And 91% of Gen Zers say employers’ technology is a factor in choosing job offers. Here, she outlines 6 ways companies can leverage technology for learning and creative opportunities and to enable meaningful work. Gen Z grew up with tech in their hands and information at their fingertips. So the fact that the generation of 15-second TikTok videos and 280-character tweets doesn’t tolerate cumbersome, manual work processes should surprise no one. Gen Z expects everything—work tasks included—to be advanced, accessible, and automated. While some generations see this as doing the bare minimum, Gen Z believes they are working smarter, not harder. Employers looking to attract and retain Gen Z employees must adopt their mantra. After all, the vast majority (91%) of Gen Zers (pdf) say that an employer’s provided technology would be a factor in choosing between job offers. Companies will continue to have challenges attracting and retaining top talent, given the general lack of […]

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In the Acceleration Economy Cloud Wars Top 10 CEO Outlook 2023 series, Bob Evans interviewed Christian Klein, CEO of SAP. The company ranks #5 on the Cloud Wars Top 10 . In this CEO Outlook moment, Klein explains what he hears from CEOs that he talks to and how the company helps these leaders address common business problems. Highlights 00:09 — Klein explains “what CEOs have in mind” when he is talking with them. In times of inflationary pressures , CEOs “want to continue with transformation .” 00:54 — SAP is helping companies achieve successful process automation . Klein says, for SAP, it is very important to evaluate business processes and look for ways to standardize and automate with artificial intelligence (AI). The focus on process automation relates to the company’s priorities surrounding supply chains. 01:56 — SAP’s business network helps the company to connect with supply chain organizations and provides transparency around minimizing supply chain disruptions . The full-length CEO Outlook version of this interview is available exclusively to Acceleration Economy subscribers. Sign up here for the CEO Outlook Digital Summit to start your free subscription and see all of the Cloud Wars Top 10 CEO Outlook interviews […]

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New Plant Products Food Safety Software Image courtesy of Ecolab Ecolab has launched Food Safety and Quality (FSQ) Supervisor, a web-based platform designed exclusively for food and beverage manufacturing to gather and report food safety & quality (FS&Q) data. Ecolab FSQ Supervisor Platform is designed to simplify food safety and quality for food and beverage manufacturers by turning manual FS&Q data collection into proactive issue mitigation and actionable insights. The outcome-driven platform reportedly enables F&B manufacturers to use their FS&Q data to increase sellable product, reduce testing costs, mitigate recall risks and streamline regulatory compliance. "Food and beverage manufacturing has unique challenges that require industry-specific solutions," says Andre Krell, global vice president of R&D, food & beverage. "FSQ Supervisor is a first-of-its-kind technology for this market, designed specifically for those industry needs and built with industry-leading Food Safety expertise. We’re directly addressing the insights needed by various departments and stakeholders within the food and beverage space." FSQ Supervisor provides food and beverage producers with actionable decision-making insights across the entire food and beverage process in one web-based system: Environmental Monitoring: Records sampling and testing Test Point Management: Provides automated alerts for adhering to testing standards Interactive Dashboards: Shares relevant […]

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city money graph Debt funds are enjoying a “lender’s market” in a landscape where many large banks have retreated, which is creating more opportunities to do deals with higher-quality borrowers and lower risk, while still capturing enhanced returns. AllianceBernstein is one firm that has experienced tremendous growth across its U.S. commercial real estate debt platform over the past three years. The team originated $5 billion in loans between 2020-2022—half of which occurred in 2022. “Looking ahead to 2023, we expect to remain active and capture increased deal volume from banks and other less capitalized alternative lenders,” says Peter Gordon, chief investment officer and head of U.S. Commercial Real Estate Debt at AllianceBernstein. Debt funds have ample liquidity thanks to steady fundraising from investors that are continuing to gravitate to debt strategies. Investors like the risk-adjusted returns debt funds are delivering. Yields can run from low single-digits to mid-teens depending on the strategy. For example, Alliance Bernstein’s debt portfolios have consistently generated unlevered mid-to-high-single digit yields along with a strong emphasis on principal protection. “In today’s market environment, we believe returns for debt funds are expected to be higher when compared to 2019-2022,” says Gordon. Across all risk profiles, debt […]

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The Education Ministry ’s main goal is to strengthen equality of opportunity in all levels of education throughout the country in 2023, Minister Mahmut Özer has stated. Reminding that the ministry successfully completed the goals it had set in 2022 and even went beyond some of them, Özer stated that the goal was to strengthen equality of opportunity in 2023 and spread it throughout the country. “We had set out to build 3,000 new preschools by the end of 2022. We are glad that we doubled our target in a year and created a preschool capacity of 6,004,” Özer explained. Stating that the rate of schooling at the age of five has increased to 99 percent, the minister said that this rate will be completed to 100 percent in 2023. The enrolment rate at all levels of education has reached 95 percent for the first time in the history of the country, he added. His ministry focused on reducing the differences in opportunities between schools in order to strengthen equal opportunities in education, Özer pointed out. In this context, the ministry implemented the “1,000 School Projects in Vocational Education” with a budget of 1 billion Turkish Liras ($53 million) […]

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The Teacher Retirement System of Texas increased its position in Retail Opportunity Investments Corp. (NASDAQ: ROIC) during the third quarter by 208.8%, as stated in the most recent 13F filing that Retail Opportunity Investments Corp. submitted with the Securities and Exchange Commission (SEC). Following the completion of the period, the company had 62,223 shares of the real estate investment trust’s stock in its possession. This was accomplished by the purchase of an additional 42,074 shares of the stock throughout the month. The Teacher Retirement System of Texas had retail opportunity assets worth $860,000 at the end of the most recent fiscal quarter. Recent events have resulted in institutional investors and other hedge funds reevaluating the positions they had previously held in the company and making appropriate adjustments. During the second quarter, Meeder Asset Management INC brought its total amount invested in retail opportunity investments to a level that was 148.5% higher than before. Meeder Asset Management INC now has a total of 3,208 shares of the real estate investment trust’s stock, which has a current value of $51,000 after purchasing an additional 1,917 shares during the period in question. The company purchased these shares. During the third quarter of […]

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Miller Value Partners , an investment management company, released its “Deep Value Strategy” fourth-quarter 2022 investor letter. A copy of the same can be downloaded here . In the fourth quarter, the Deep Value Strategy was up 34%, compared to a 13.49% gain for the S&P 1500 Value Index. Investment in Value and cyclical stocks favored the strategy in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2022. Miller Value Deep Value Strategy highlighted stocks M/I Homes, Inc. (NYSE: MHO ) in the Q4 2022 investor letter. Based in Columbus, Ohio, M/I Homes, Inc. (NYSE:MHO) is a single-family home builder. On February 3, 2023, M/I Homes, Inc. (NYSE:MHO) stock closed at $61.91 per share. One-month return of M/I Homes, Inc. (NYSE:MHO) was 23.15%, and its shares gained 24.27% of their value over the last 52 weeks. M/I Homes, Inc. (NYSE:MHO) has a market capitalization of $1.698 billion. Miller Value Deep Value Strategy made the following comment about M/I Homes, Inc. (NYSE:MHO) in its Q4 2022 investor letter: “During the quarter, we initiated a new investment in M/I Homes, Inc. (NYSE:MHO), what we deem as a significantly misplaced homebuilder. M/I Homes’ […]

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China lodges representations with U.S. over shooting down of airship Editor’s note: CGTN’s First Voice provides instant commentary on breaking stories. The column clarifies emerging issues and better defines the news agenda, offering a Chinese perspective on the latest global events. The development of Hong Kong Special Administrative Region (SAR) got off to a solid start with the full resumption of cross-border travel with the Chinese mainland on Monday. The city has had a tough time in the past three years – shortly after the 2019 violence, it was caught in a three-year pandemic. The long-awaited full border reopening is an opportunity for Hong Kong to revive its economy and further engage with the plan of Guangdong-Hong Kong-Macao Greater Bay Area (GBA). As the Chinese mainland drops its restrictions on travel, Hong Kong will likely see a 7.6 percent boost to its gross domestic product, according to Goldman Sachs Group Inc. The city, as an international financial hub, has been one of the favorite travel destinations among mainlanders. Of the 154 million outbound mainland travelers before the pandemic, 36 percent – as World Bank and Hong Kong Tourism Board statistics show – came to Hong Kong. The influx of […]

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