Follow us on Instagram , subscribe to our Telegram channel and browser alerts for the latest news you need to know. Harvard Business School is the latest academic institution to capture the bank’s successful transformation journey in a case study that is being taught to its MBA students HONG KONG SAR – Media OutReach – 27 February 2023 – DBS continues to be studied as a transformation role model, with Harvard Business School (HBS) being the latest academic institution to capture the bank’s successful digital transformation journey in a case study. The DBS case is being taught in HBS’ Master of Business Administration (MBA) programme and its executive education courses by Professor Ranjay Gulati, Paul R. Lawrence MBA Class of 1942 Professor of Business Administration. Gulati was ranked as one of the top ten most cited scholars in Economics and Business over a decade by ISI-Incite. He is also the author of six bestselling books on strategy, organisational effectiveness and leadership in organisations [1] . Gulati said, "Businesses need to transform themselves in order to compete in today’s fast-changing markets. I was interested in studying how DBS transformed itself successfully, and to find out what they did and how […]

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The Health digital start-up Clinic4.0” program launched (Photo: VNA) President of the VYPA Central Committee Ha Anh Duc said that health is one of the eight priorities of the national digital transformation program approved by the Government, and in 2023, his association will carry out a wide range of activities to support young doctors during the digital transformation process of the sector. Clinic4.0 aims to assist doctors and physicians who wish to open private clinics and start-up businesses in the healthcare sector, thus helping them optimize the operation process, master technology and promote the value of modern technology in healthcare. It is expected to not only benefit VYPA members nationwide, but also support a large number of people in primary health care, contributing to reducing the risk of fatality, and the burden of diseases.

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Nilesh Jahagirdar The Indian BFSI sector is transmuting into a digital-first sector. Old-school banking and financial institutions are capitalizing on digital strategies to assess and engage with new and existing customers. Accelerated by the pandemic push, the industry stakeholders have expedited their digital transition efforts in front-facing and back-office operations. This demonstrates India’s highest fintech adoption rate of 87 percent compared to the global average rate of 64 percent. The implementation of digital transformation in BFSI has evolved over the years to enhance organizational business insights, lower operational costs, and accelerate workflows. The widespread demand for modern technologies, including artificial intelligence and machine learning among businesses, is projected to provide lucrative prospects for worldwide market advancement. Switch To Digital Banking from Traditional Banking The trend towards e-banking originated when financial executives realized that a majority of their consumers were using digital channels, pushed by the pandemic outbreak. Given the upper-edge implementation of digital strategy, the banking sector has become more client-inclusive and tech-savvy. Customers are completing transactions using their mobile applications and net banking, which were earlier dominated by physical transactions in the banks. As a result, mobile banking has emerged as a vital aspect in the convergence of […]

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BARCELONA, Spain, Feb. 27, 2023 /PRNewswire/ — Huawei Enterprise BG — pursuing the mission to lead digital infrastructure construction, create new value for the industry — showcase innovative products and solutions at the Mobile World Congress (MWC) 2023. The BG will work with more than 2,500 global industry customers, partners, and opinion leaders to innovate and share experiences in digital transformation to open new possibilities and build an intelligent world with digital technologies, creating more business value. Continue Reading Huawei Enterprise BG at MWC 2023 Huawei Enterprise BG has been deeply engaged in industry digital transformation, digital infrastructure innovation, and partner ecosystems. During the exhibition, it will showcase star products and leading solutions for the government and enterprise markets. Each exhibited solution is carefully tailored to its specific scenario. In parallel, Huawei will also hold the 5th Industry Digital Transformation Summit. Develop Solutions for Over 30 Scenarios in 10 Industries, Unleashing Digital Productivity Huawei has been working with partners to develop innovative industry scenario-based solutions that highlight Huawei’s ideas and innovation efforts in digital technologies, solutions that help customers go digital. In terms of public services, Huawei will release the Smart Classroom 2.0 solution, a shining new example of […]

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Snowflake, the data cloud company, announced the launch of Telecom Data Cloud. The Telecom Data Cloud solution unites Snowflake’s data platform, Snowflake, and partner-delivered solutions and industry-specific data sets. The Telecom Data Cloud facilitates the breakdown of data silos in TSPs’ internal and external ecosystem operations, allowing companies to easily and securely access data in real time, enhance it with machine learning (ML) models, and then facilitate informed decision-making. "Through the utilization of the Telecom Data Cloud, Snowflake and its ecosystem of partners can accelerate the digital transformation of telecommunications service providers, enhance customer experiences, optimize operational efficiency, and capitalize on new data services," says Snowflake . To stay ahead with the digital transformation, telecommunications companies must transition away from complex legacy technologies to modernize their networks and deliver value to partners across industries, said the company in its release. Telecommunication companies can use Snowflake’s Telecom Data Cloud to: Modernize the telecom network Maximize operational efficiency Utilize Advanced AI and ML capabilities to reduce downtime Monetize data and applications Leverage an industry-leading network of telecommunications partners Phil Kippen , Global Head of Industry, Telecom at Snowflake, said, "The next wave of growth and innovation in the telecommunications industry will […]

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Item 8.01 Other Events. Supplement to the Definitive Proxy Statement On February 9, 2023, the Company filed a definitive proxy statement (the ‘Definitive Proxy Statement") for the solicitation of proxies in connection with a special meeting of the Company’s stockholders to be held on March 2, 2023 (the "Special Meeting") to consider and vote on, among other proposals, a proposal to amend the Company’s Amended and Restated Certificate of Incorporation to extend the period by which the Company is required to consummate its initial business combination (the "Extension Amendment Proposal"), and a proposal to amend the Investment Management Trust Agreement to implement the Extension (the "Trust Agreement Amendment Proposal"). Specifically, the Company seeks to amend its Amended and Restated Certificate of Incorporation to (i) extend the date by which it has to consummate a business combination (the "Combination Period") from March 12, 2023 to June 30, 2023 upon the deposit by the Company’s sponsor of an aggregate of $150,000 into the Trust Account and (ii) give the Sponsor the option to further extend the Combination Period beyond June 30, 2023 up to three (3) times for an additional one (1) month each time to September 30, 2023 upon the […]

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To remain competitive and profitable, businesses must innovate and develop, which is why many successful companies have implemented digital transformation strategies. One of the critical reasons for this is that as technology advances, customer service expectations are raised, making it essential for companies to improve their digital business products to provide the best customer experience. The COVID-19 pandemic has led to a significant shift in customer expectations and behavior, with customers now expecting businesses to provide quick online assistance and personalized customer journeys. Traditional companies risk being left behind in today’s fast-paced and competitive market without the right digital system, decreasing customer satisfaction and retention. This is why businesses must embrace digital transformation to stay competitive in modern commerce. Forward-thinking CEOs and leaders understand the importance of innovative technology to achieve short-term and long-term profitability. Digital transformation involves using new digital processes and technologies to transform business practices. By placing the customer journey at the forefront of their thinking, businesses can increase customer acquisition and retention while enabling business flexibility and agility. This leads to better preparation for sudden market changes and long-term sustainability. There are four main areas that businesses must focus on when creating a digital transformation […]

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Even though it will soon no longer exist, the Department for International Trade is pressing ahead with its bid to recruit a digital transformation expert for the £145,000-a-year role as chief operating officer. Prime minister Rishi Sunak’s departmental rejig, announced on 7 February, is breaking up the Department for Business, Energy and Industrial Strategy and creating a new Department for Business and Trade that will merge BEIS’s business-focused functions with DIT’s operations. DIT’s recruitment for a new chief operating officer follows the departure of Catherine Vaughan to the Department for Work and Pensions, where she is now finance director. The job advertisement for Vaughan’s replacement acknowledges the machinery of government changes. It says the successful applicant will be working for the new department and offers the potential to be based in either Darlington or London. DIT perm sec Gareth Davies – who will be in charge of the new department – said it was an “exciting time” to join the organisation. Related content Trade department urged to push on with £26m tech transformation scheme HMRC kick-starts project to create £180m digital one-stop-shop for UK traders Regulator tells DIT to improve ‘unacceptable’ Freedom of Information delays “We have been created […]

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The latest research study released by Coherent Market Insights on the “Digital Transformation Market In Healthcare” with 100+ pages of analysis on business strategy taken up by emerging industry players, geographical scope, market segments, product landscape and price, and cost structure . It also assists in market segmentation according to the industry’s latest and upcoming trends to the bottom-most level, topographical markets, and key advancement from both market and technology-aligned perspectives. Each section of the Digital Transformation Market In Healthcare business research report is specially prepared to investigate key aspects of the market. This document also entails a detailed analysis of the current applications and comparative analysis with a keen focus on the opportunities and threats and competitive analysis of major companies. The global Digital Transformation Market In Healthcare was valued at US$ 2,632.4 Mn in 2018 and is expected to grow at a CAGR of 13.7% during the forecasted period (2019-2027) . Request a Sample to obtain authentic analysis and comprehensive market insights at – https://www.coherentmarketinsights.com/insight/request-sample/3172 Furthermore, The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as types, applications, and regions. Apart from this, the key driving factors, […]

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Enterprise clients of technology companies need increasingly specialised solutions and there is a growing demand for an allied ecosystem to enable these solutions across sectors (Rahul Awasthi) Despite the macro-focus on cost-cutting and reprioritisation of spends, global customers have not yet paused their digital transformation journeys and demand is expected to remain in the near term, said industry leaders speaking during the Nasscom technology and leadership forum 2023 . Global thought leaders and CXOs stated the future will be increasingly driven by human and AI interactions which will enable enterprise spend on technology. In a conversation with Krishnan Ramanujam , chairperson, NASSCOM, the chief executive of FedEx Dataworks Sriram Krishnasamy said that enterprises are working closely with service providers to build long-term solutions for supply chain visibility which become more critical during an uncertain economic environment. “A physical-first company should also think about integrating a digital mindset – but not implement technology for technology’s sake – identify the problem first, the tech will follow,” said Krishnaswamy, adding that collaborating with service providers to improve and automate supply chain visibility is essential for businesses. Long-term macros such as change in demographics, decarbonisation and reconfiguration of supply chain will result in […]

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