Erik Valdes’ and Patrik Dyberg’s financial services, higher education and media sector expertise bolsters A&M’s digital and technology service offering NEW YORK February 28, 2023, – Leading global professional services firm Alvarez & Marsal (A&M) announced that Erick Valdes and Patrik Dyberg have joined the firm’s Corporate Performance Improvement (CPI) group as Managing Directors within its Digital and Technology Services practice. Collectively, Messrs. Valdes’ and Dyberg’s more than 60 years of change management, digital transformation and systems integration expertise, advances A&M’s ability to identify technology solutions that help clients drive change. Mr. Valdes specializes in large-scale program management and organizational change management for financial services companies’ information technology functions. Through the lens of his financial services IT experience, he advises clients on IT transformation, digital transformation and system integration. Additionally, Mr. Valdes has extensive expertise leading global application development groups at capital markets and asset/wealth management firms. Mr. Valdes has worked with Fortune 100 investment banks, hedge funds and market research firms across multiple industries including energy utilities and online sports-book gaming. Prior to joining A&M, he served as President and Chief Operating Officer for the US subsidiary of a UK headquartered technology and engineering consultancy. Mr. Dyberg leverages […]

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“The cloud services companies of all sizes; the cloud is for everyone. The cloud is a democracy.” – Marc Benioff, Founder, CEO and Chairman of Salesforce This is the fifth of the multi-part blog series titled ‘DIGITAL ENTERPRISE TRANSFORMATION, INDIA PARADIGM’ and covers the State of Technology Adoption in India from the perspective of distribution of workflows between cloud and traditional DCs. My earlier blog ( DIGITAL ENTERPRISE TRANSFORMATION, INDIA PARADIGM: BUSINESS PROCESS DIGITALIZATION ) set the context for my present and upcoming blogs which capture the key insights on digital enterprise transformation from an Indian end-user enterprise perspective. These insights have been drawn from the NASSCOM-Avasant “Digital Enterprise Survey” conducted in May’2022. Based on the results derived from the survey, NASSCOM and Avasant formulated the “The Digital Enterprise Maturity Index ,” which forms a key component of the “ DIGITAL ENTERPRISE MATURITY 3.0: Boosting Business Resilience through Technology” Report published in July 2022. KEY INSIGHTS ON DISTRIBUTION OF WORKFLOWS BETWEEN CLOUD AND TRADITIONAL DCs: 1. Indian enterprises keeping up pace with global peers on cloudification The share of workflows managed on cloud, spanning private, public, and hybrid cloud, is neck-to-neck between Indian and global enterprises with both kinds […]

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MEXICO CITY, Feb. 28, 2023 /PRNewswire/ — CourtAvenue, the leading digital transformation agency, announced today the launch of its new Latin America office in Mexico City led by CEO Jaime Kalb. Continue Reading Jaime Kalb, CEO of CourtAvenue Latin America Led by Kalb and his team, CourtAvenue Latin America is guiding clients through the digital ecosystem and catalyzing their digital transformation journeys, producing business strategies that enable better customer experiences, generate revenue growth, and prioritize cost optimization. With an expansive network and a skillful team of industry experts, CourtAvenue Latin America offers intelligent solutions that address client’s needs and open-up new business possibilities, with consultancy and strategy services and commerce experience to clients in Mexico. "As part of the Latin American expansion, we are able to service clients across the region, as well as support our global clients locally," said Jaime Kalb CEO of CourtAvenue Latin America. "We are bringing best in class talent from the region to work with CourtAvenue’s incredible brands including KIA, General Mills, Epson, Dell, and Hershey to name a few." Kalb launched his career in digital transformation more than 20 years ago at ProdigyMSN, a joint venture between Microsoft and Telmex. He crafted digital […]

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Including Daktronics video walls, the installations feature digital artwork for moodsetting. Courtesy of Daktronics. SK Hynix, a semiconductor manufacturer based in Seoul, South Korea, has rolled out a digital signage transformation in partnership with Daktronics and Kinoton Korea Incorporated, according to a press release. "We spent more than one year seeking highly durable, reliable video wall displays with a creation of natural colors, and all of us are quite sure that Daktronics’ narrow pixel video wall displays are the right choice for high profile locations inside of SK Hynix buildings," Yongan Park, chief manager at SK Hynix, said in the release. "In 2023, we are also scheduled to install Daktronics displays in at least at five additional SK Hynix locations as they are already verified technically." Including the Godam, Supex and Center One locations of SK Hynix, the project involved installing Daktronics video walls in corporate lobby areas. The Godam video walls feature 2.5mm pixel spacing, while Supex and Center One video walls feature 1.5mm spacing. "Our narrow pixel pitch displays are designed to thrive in these corporate spaces and similar applications," John Mette, regional sales manager for Daktronics, said in the release. "Bringing usable wall space to life […]

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Over the years, I have had digital transformation conversations with many companies across multiple industries. Each journey is unique, but successful companies share common elements—a bold vision for the digital transformation journey, unwavering support from senior leadership and the right collaborative partner with industry expertise to help deliver change. ArcelorMittal , a leading steel and mining company, has embarked on a journey to digitally transform its European operations, an effort currently led by Geert Van Poelvoorde, CEO of ArcelorMittal Europe. This article charts the progress of that effort over the past two years as the company looks to disseminate learnings and synergies across the broader ArcelorMittal Group worldwide. Geert Van Poelvoorde, CEO of ArcelorMittal Europe ArcelorMittal Europe A bold vision for the digital transformation journey 2019 was a challenging year for the steel industry, with negative market trends and price volatility in Europe. Following the coronavirus outbreak, the situation became even more unpredictable. With this as the backdrop, ArcelorMittal’s leadership formulated a strategy to strengthen its core technologies, digitalize the business and reduce operating costs. As a part of this strategy, ArcelorMittal launched a program to consolidate IT operations, transfer risk and service performance to a partner and leverage […]

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Bank of England official Ben Broadbent has expressed optimism that the proposed UK central bank digital currency “digital pound,” could provide lucrative opportunities for businesses in the region. Earlier on Feb. 7, the Bank of England and the U.K. Treasury announced plans to explore potential use cases of a digital pound- a government-backed alternative to Bitcoin that will be developed on a private blockchain. BOE deputy governor for monetary policy Ben Broadbent said that financial services built on new technologies like blockchain could be adopted easily, Bloomberg News reported Feb. 27. He added that the digital pound “obviously brings opportunities for financial institutions, for businesses, and individuals. Specifically, the digital pound will provide a faster alternative to online payment, provide lower settlement costs to businesses, and help protect the financial stability of the pound. Broadbent said he expects to see improvements in the digital pound which will lead to a reduction in friction and cost of payment. Plans for the digital pound The Bank of England (BOE) initiated the plans to launch a digital pound following findings that cash usage in the UK has fallen to as low as 15% as of 2021. The plan to launch a digital […]

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As a senior in high school beginning my journey of higher education, I have started to think critically about the pathway to become an orthopedic surgeon, including the actual cost and opportunity cost with investment in time. My passion for orthopedics is based on influences from my father, research experience and clinical exposure. I come from a family in which my parents are physicians, but they had different paths to get there. My father was educated in the United States following a conventional approach, while my mother was educated in India, only coming to the United States for residency training. Application process According to the Association of American Medical Colleges (AAMC), there are 157 medical schools in the United States, but with more than 60,000 applicants yearly and increasing, less than half of the applicants are accepted. The number of U.S. medical schools has slowly grown, with 29 newly accredited medical schools and 17 osteopathic school opening since 2002. In the United States, the AAMC predicts a shortage of between 54,100 and 139,000 physicians by 2033, and more than 40% of U.S. physicians will be aged 65 years or older in the next decade. According to AAMC’s report The […]

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Source: Shutterstock While Nexteer Automotive Group Limited ( HKG:1316 ) might not be the most widely known stock at the moment, it received a lot of attention from a substantial price movement on the SEHK over the last few months, increasing to HK$6.21 at one point, and dropping to the lows of HK$4.68. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Nexteer Automotive Group’s current trading price of HK$5.09 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Nexteer Automotive Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. What’s The Opportunity In Nexteer Automotive Group? Nexteer Automotive Group is currently expensive based on my price multiple model, where I look at the company’s price-to-earnings ratio in comparison to the industry average. I’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 67.38x is currently well-above the industry […]

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Effective and ongoing financial management is essential for both business leaders and consumers who want to achieve financial success, but it can be challenging to keep track of income, expenses and investments on your own, especially if you’re new to the effort. Fortunately, there are many affordable tech tools available that can help you manage your finances more effectively. From budgeting apps that allow you to track expenses and set financial goals to robust financial planning software, there are countless options for better personal and business financial management. Below, 13 Forbes Finance Council members share the tools they recommend to their own clients. Members pictured from left to right (Christopher Drake not pictured). Photos courtesy of the individual members. 1. Bookkeeper360 Bookkeeper360 is a highly effective tool. You can integrate it with QuickBooks or Xero, and it includes amazing, prebuilt dashboards that provide a snapshot of your business. You can see how much runway you have in your accounts; view your expenses by month, quarter or year; and much more. It would be difficult to build out this level of reporting on your own, but this tool makes it easy to get a system in place for the long […]

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U.S. Chamber Welcomes Announcement of New UK-EU Agreement on Northern Ireland HOUSTON, TEXAS – Today, the U.S. Chamber of Commerce hosted the latest installment of its “Advance with Africa” initiative in Houston, marking the third stop of a multi-year nationwide roadshow that highlights investment opportunities in African markets and creates new U.S.-Africa business opportunities. Greater Houston Partnership President & CEO Bob Harvey said, “The Partnership is proud to support the U.S. Chamber of Commerce’s Advance with Africa program to foster new investment opportunities in a continent filled with exponential growth. Houston is home to a large and growing African-born population, so the opportunity is great to connect small and medium-sized businesses in Houston with the African business community to identify economic opportunities.” Through educational discussions, speeches, and panels with public and private sector leaders, Advance with Africa increases U.S. businesses’ understanding of investment opportunities in African markets. With its focus on engaging small- and medium-sized enterprises and Black- and diaspora-owned businesses, Advance with Africa is creating equitable growth for American businesses, transforming the narrative around Africa, and deepening U.S.-Africa economic ties, long a key priority of the U.S. Chamber. Kendra Gaither, Vice President of the U.S. Chamber’s U.S.-Africa Business […]

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