Logistics industry should accelerate digital transformation

Logistics industry should accelerate digital transformation

Statistics reveal that investments in AI-solution companies in Vietnam as well as many ASEAN countries are still inadequate while nations like Singapore, China, and the US have poured much more money on AI implementation. This has forced Vietnam to allocate more capital to digital platforms in both product manufacturing and distribution for further economic growth. The first step is for enterprises to realize the benefits of digital transformation such as increasing efficiency, building trust among trading partners, developing optimal supply routes, better administering transportation means, and making wiser decisions via cognitive computing using AI. Specifically, the national GDP of Vietnam could increase by over US$100 billion in 2030 when the logistics industry completes its digital transformation to optimize its communications with clients, supply chain management, and cost control. Along with the efforts of the business community should be the development of macro policies. Firstly, the country’s common logistics standard policy should be formulated in line with the standard trend and digital transformation rules of industrialized nations in order to ensure a perfect connection as to logistics software and hardware as well as traffic systems to create synergy. Secondly, the human resources of the industry should be trained as to […]

MWC 2023: Cisco and NTT team to accelerate enterprise digital transformation through private 5G

MWC 2023: Cisco and NTT team to accelerate enterprise digital transformation through private 5G

Private 5G networks are hot right now, especially in the realm of Industry 4.0 , and to rapidly enable critical capabilities for the sector – such as push-to-talk “walkie-talkie” communications, automated guided vehicles, always connected PCs and machine vision in predictive maintenance – Cisco and NTT have announced plans to collaborate to drive private 5G adoption across the automotive, logistics, healthcare, retail and public sectors. To put the prospects for private networks into perspective, a recent study from ABI Research – the Private cellular network forecasts report – forecast that the revenue opportunity for private cellular networks would grow from almost $7bn in 2023 to more than $96bn by 2030, with integration services accounting for almost 50% of those revenues. It said this underlined that a private cellular network for enterprises is a highly customised deployment that requires a high degree of expertise in integration and orchestration capabilities. The analyst said the market would be driven by 4G LTE deployment until 2030, when 5G connectivity will constitute most private cellular network deployments. Previously, this inflection point was expected in 2027-2028. As part of their bid to cash in on this growing market, Cisco and NTT plan to co-innovate and […]

PwC dealmakers work on investment into digital transformation firm

PwC dealmakers work on investment into digital transformation firm

Manchester-based dealmakers at PwC Lead Advisory have advised CBPE Capital on its significant investment into a fast-growing provider of digital transformation services based in Reading. FSP provides a range of consultancy services to large companies and public sector organisations spanning digital transformation, cloud engineering, data and artificial intelligence and cyber security. Its people-centric approach has seen the business win numerous awards in recognition of its outstanding workplace culture. The deal has enabled FSP’s simultaneous acquisition of cyber security consultancy Savanti, strengthening its capabilities in cyber services to its growing portfolio of customers. The combined business is expected to generate revenues of about £30m in the current year and employ more than 250 digital transformation and cyber specialists. LDC has reinvested alongside CBPE, having originally backed the company in 2020. Savanti is a strategic cyber security consultancy with a team of almost 50 experts from its base in London. Its expertise spans cyber security strategy, security leadership, architecture design, identity and security risk assessments for enterprise clients. PwC acted as lead financial adviser to CBPE – with the PwC Corporate Finance team on the deal consisting of Dan Gallagher, Shahbaz Qasim, Garth Arenz, Ben Stanbridge, and Emily Fielder. Tax structuring […]

Driving Localization of Global Digital Transformation, H3C NAVIGATE 2023 International Business Summit Successfully Concludes

Driving Localization of Global Digital Transformation, H3C NAVIGATE 2023 International Business Summit Successfully Concludes

NUSA DUA, Indonesia, Feb. 28, 2023 /PRNewswire/ — H3C NAVIGATE 2023 International Business Summit was successfully held in Bali, Indonesia. Themed "Together, For A Digital Future", the event brought together ICT industry experts and digital business leaders from around the world to discuss how to build a green and sustainable digital future. Brighten Li, Chairman of Tsinghua Unigroup, stated at the summit that as an investment holding group with multi businesses, Unigroup adheres to its IMIC development principle, namely International, Market Driven, Independent and Customer Satisfaction. And H3C, as an important growth arm of Unigroup, has made great achievements in digital economy. In the future, Unigroup will continuously provide full support for H3C regarding talents, capital and internationalization to achieve global reputation and value. "Cooperation and trust are the cornerstone of success". Together with our partners, Tsinghua Unigroup and H3C will share the prosperity of the digital economy and continue to build better business, better model, better life and better world together. Brighten Li, Chairman of Tsinghua Unigroup Tony Yu, CEO and President of H3C, shared three visions in his keynote speech: a deep belief in a thriving digital economy, a strong dedication to becoming one of the best […]

UNSSC and UN Environment co-design learning modules for sustainable lifestyles and digital transformation

UNSSC and UN Environment co-design learning modules for sustainable lifestyles and digital transformation

With the global population growing at an unprecedented rate, the demand for resources is increasing. Adopting practices that use natural resources in a way that is both efficient and sustainable is crucial. The United Nations System Staff College (UNSSC) is delighted to announce the launch of a joint partnership with the United Nations Environment Programme (UNEP) offering a series of modules and learning paths on sustainable lifestyles, digital transformation, and tools to implement the Minamata Convention. Recognizing the importance of sustainable lifestyles for achieving a sustainable future, UNSSC and UNEP have launched two innovative products aiming to foster individual action and commitment towards sustainable development . According to Adriana Zacarias, Head of Global Opportunities for Sustainable Development Goals (GO4SDGs), and Deputy Head of the 10YFP Secretariat, UNEP, “This course is a tool to help everyone realize the power of their everyday choices to protect – or not – the environment. It brings in the science behind our lifestyles, offering inspiration and concrete actions for us to live lighter, contributing to a better planet for all”. UNEP is an important partner of the college helping provideparticipants with the knowledge and skills they need to develop sustainable lifestyles and harness digital […]

How Saudi Arabia's major healthcare systems are handling digital transformation

How Saudi Arabia’s major healthcare systems are handling digital transformation

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Converge, KT partners to support Philippines’ digital transformation

Converge, KT partners to support Philippines’ digital transformation

PARTNERSHIP. Converge and KT Corp. sign a memorandum of understanding (MOU) at the sidelines of the Mobile World Congress in Barcelona, Spain. The MOU aims to extend digital tools and innovations to enterprises in the Philippines, and to explore new digital transformation solutions for the evolving needs of ICT customers. In the photo (clockwise) are Converge chief executive officer (CEO) and co-founder Dennis Anthony Uy; KT CEO Ku Hyeong-mo; KT vice president and head of Global Business Moon Sun-guk; Converge president and co-founder Grace Uy. (Contributed) – A A + FIBER internet provider Converge ICT Solutions Inc. and South Korea’s KT Corp., formerly Korea Telecom, have agreed to pursue a potential business collaboration and partnership that will support the digital transformation of local businesses by providing innovative enterprise technologies. Converge and KT Corp. on Monday, Feb. 27, 2023, signed a memorandum of understanding (MOU) that aims to extend digital tools and innovations to enterprises in the Philippines, and to explore new digital transformation solutions for the evolving needs of information and communications technology customers. The MOU signing was held on the sidelines of the Mobile World Congress in Barcelona, Spain. The agreement was signed by Converge president and co-founder […]

du partners with Ericsson to boost digital transformation through AI-powered managed services

du partners with Ericsson to boost digital transformation through AI-powered managed services

du, from Emirates Integrated Telecommunications Company (EITC), and Ericsson (NASDAQ: ERIC) announce a strategic partnership at Mobile World Congress 2023 to transform du’s Information Technology (IT) operations. du will leverage Ericsson’s Artificial Intelligence (AI) and Ericsson Business and Operations Support Systems Services to improve quality, unlock efficiencies, and increase agility. The partnership will mark a significant step forward in du’s digital transformation program. It will focus on introducing AI & automation use cases and digitally transforming the IT operations environment, which will help to improve operational and service metrics, making operations data-driven and intelligent. This will support and maintain du’s high-quality services while increasing efficiency and reducing time-to-market. Fahad Al Hassawi, Chief Executive Officer of du said: "Our latest partnership with Ericsson is a major step in advancing our IT operations in line with the UAE leadership’s vision to build a futuristic, tech-powered economy. It aligns with our commitment to build and maintain a secure and reliable network infrastructure that can support our rapidly accelerating digital transformation journey. Ericsson’s AI and data-driven operations solutions will be critical in powering our customer-centric approach and enabling us to meet increased and changing market demands with agility and quality. We believe our […]

Inside Saudi Arabia's healthcare digital transformation journey

Inside Saudi Arabia’s healthcare digital transformation journey

Saudi Ministry of Health advisor for digital transformation Dr. Ahmed Balkhair explains how value-based healthcare helps improve the output of care and quality. Share Video Player is loading. Play Video Play Mute Current Time 0:00 / Duration 0:00 Loaded: 0% Stream Type LIVE Seek to live, currently behind liveLIVE Remaining Time -0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off, selected Captions captions settings, opens captions settings dialog captions off, selected Audio Track Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. TextColorWhiteTransparencyOpaqueBackgroundColorBlackTransparencyOpaqueWindowColorBlackTransparencyTransparent Font Size100%Text Edge StyleNoneFont FamilyProportional Sans-Serif Reset restore all settings to the default valuesDone Close Modal Dialog End of dialog window. Close Modal Dialog This is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Close Modal Dialog This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.

Speed x intelligence: A formula for digital transformation

Speed x intelligence: A formula for digital transformation

By Atsuko Okuda, Regional Director, Asia and the Pacific, International Telecommunication Union (ITU) This is a modal window. The media could not be loaded, either because the server or network failed or because the format is not supported. The International Telecommunication Union is the oldest UN agency specializing in information and communications technology (ICT). We have three areas of expertise. First, in the area of radio communication, we coordinate the efficient use of radio spectrum frequency. Second, we work on standardization, an important topic for the development and use of technology. Third, we have a development bureau, which aims to connect the unconnected and bridge the digital divide. My responsibility is to support all three in Asia Pacific, where our office covers 38 countries. Can you tell us a little bit about your career? I started my career in New York, at the United Nations Development Program, in 1997. At the time, the field of “ICT for development” was very new. When I came to the UN, there was no expectation that I was going to stay, or was going to do the job I’m doing now; it didn’t really exist. But it was an exciting time and the […]