eFinance has signed a Memorandum of Understanding (MoU) with F5, a multi-cloud application services and security specialist, to help protect and optimise Egypt’s Digital Transformation priorities. eFinance, a partner of choice for Egypt’s growing digital economy and financial transformation, as well as in-country public cloud provider, is now set to offer F5’s extensive solutions portfolio to organisations across the country. Initially, the partnership will focus on cloud and cybersecurity-based technologies. “We are delighted to partner with F5, which is already supporting many of eFinance’s customers in Egypt,” said Atef Mohamed, IT and Cloud Director, eFinance. “Our mission is to enable organisations across the country to lead cutting-edge, transformative initiatives that are aligned with vital social development goals. F5 is an ideal partner for us in this respect.” F5 offers a unique portfolio of automation, security, performance and insight capabilities. It empowers customers to create, secure and operate the applications – whether monolithic or modern – that help reduce operational cost and complexity, protect users’ experience and create business value. “eFinance is integral to the Egyptian government’s Digital Transformation strategy, so it is a huge honour to finalise this MoU,” said Bassem Saleh, Sales Lead for Egypt at F5.

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Doha: The Ministry of Communications and Information Technology (MCIT) has signed a Memorandum of Understanding (MoU) with HEC Paris in Qatar to enhance cooperation in supporting Qatar’s digital transformation. The MoU was signed on Wednesday at MCIT headquarters by the Assistant Undersecretary of Digital Society Development at the Ministry of Communications and Information Technology Reem Mohammed Al Mansoori and the Dean of HEC Paris in Qatar Dr. Pablo Martin de Holan. Under the terms of the MoU, the two parties will support strategic and national plans for the development of the digital sector, initiatives and methodologies that will support the initiatives of the Qatar Digital Government and the Smart Qatar Program that aims to improve the quality of life of all citizens and residents of Qatar. Reem Al Mansoori said that signing the MoU "comes within the framework of MCIT’s mechanisms and efforts aimed at developing and enhancing the competitiveness of the digital and technological industry sector in Qatar in general by supporting the fields of entrepreneurship, research and innovation." "MCIT is committed to supporting and inspiring a strong and smart ICT sector as one of the main pillars in the transformation of a knowledge-based economy, and today’s note […]

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Digital transformation promises to make engineering companies better, faster and more profitable. But that transformation doesn’t come easily. That’s because digital transformation is a lofty goal: it’s nothing less than the end-to-end digitization of your company’s data and processes, all of it seamlessly connected to enable optimization, automation and the generation of novel business insights. Hardly an overnight upgrade. Many companies have taken a slow-and-steady approach to digital transformation, but the overall pace is changing. In a 2021 survey on digital strategy in the post-pandemic era, consulting firm McKinsey spelled it out plainly: “What was considered best-in-class speed for most business practices in 2018 is now slower than average.” There are a few explanations for the acceleration of digital transformation. It’s not all because of COVID, although the pandemic played a role. A timely convergence of maturing technology and a changing workforce is creating increasing pressure to transform, and the average company must now think more deeply about its digital strategy—and act decisively—to keep up with the competition. Technology is Ripe for Digital Transformation Digital transformation requires a coalescence of many technologies: semiconductors, battery storage, telecommunication protocols, enterprise engineering software, artificial intelligence and many more. As each of these […]

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Over the past 12 years that The American Journal of Managed Care ® has published the annual Health Information Technology special issue, the landscape of digital health has changed dramatically. Although the march of technological progress had come slowly to health care organizations, 2 events spurred seismic changes. First, the rapid adoption of electronic health records (EHRs) in response to federal policy has digitized care delivery, bringing with it a host of intended and unintended consequences for patients, clinicians, and health care organizations. Second, the onset of the COVID-19 pandemic forced an immediate and sudden shift to the organization and delivery of health care—a shift that was only possible because of the digital infrastructure built by broad EHR adoption. In this special issue, 11 papers advance our understanding of health information technology across 3 domains, each of which reflects those 2 events: telemedicine, EHR work and clinician burden, and the building of a better digital health system. Evaluating the Telemedicine Revolution The popularity of telemedicine exploded at the onset of the pandemic, and virtual care is likely here to stay in some form. Johnson et al use qualitative data from expert panels to highlight the challenges and barriers to […]

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WRIGHT-PATTERSON AIR FORCE BASE, Ohio (AFRL) — Air Force Research Laboratory, or AFRL, Commander Maj. Gen. Heather Pringle joined the “Lab Life” podcast to discuss her vision for the coming year and to reflect on 2022 successes. “Lab Life,” an AFRL Public Affairs product, brings listeners behind the scenes with Department of the Air Force scientists, engineers and professionals who are developing tomorrow’s technologies today. In this episode, Pringle provided an update on the priorities covered in her Commander’s Intent relating to accelerating science and technology, or S&T; “One Lab, Two Services” and building the best AFRL team. “I am keeping the three priorities, and I’ll say they have stood the test of time,” Pringle told “Lab Life” hosts Michele Miller and Kenneth McNulty. “We still have unfinished business that we want to go after. Looking forward to 2023, we are going to have the same priorities, but we’re going to put a couple of new objectives under each of them.” Another topic of discussion was AFRL’s continuing transition to the digital environment, including establishing a dedicated directorate within AFRL. “I stood up the Digital War Room to add some energy to our efforts and really accelerate where we […]

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iStock/ra2studio The Microsoft Digital Defense Report explores the most pressing cyber threats as they relate to cybercrime, nation-state threats, devices and infrastructure, cyber-influence operations, and cyber resiliency. Based on intelligence from 43 trillion security signals daily, this report offers insight and guidance on how organizations can help strengthen their cyber defenses. In this post, we will take a deeper look at section two of the report. Keep reading for our findings, and download the full Microsoft Digital Defense Report for even more insights. Digital transformation can lead to increased attack surfaces—and greater risk According to a survey conducted by Microsoft and Ponemon, 68% of CISOs believe that adopting IoT/OT is critical to their strategic digital transformation. And yet, 60% of those same respondents recognize that IoT/OT security is one of the least secured aspects of their infrastructure. This is a major threat given that rapidly increasing IoT creates an expanded entry point and attack surface for attackers. Accelerating digital transformation has increased the cybersecurity risk to critical infrastructure and cyber-physical systems. As organizations harness advances in computing capability and entities digitize to thrive, the attack surface of the digital world is exponentially increasing. By 2025, the International Data Corporation […]

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The recent New York Times piece about the chaos arising from terminating remote workers highlights the difficulties employers face when laying off a distributed workforce of digital workers. Few employers are able to deliver the unwelcome news of a layoff in face-to-face meetings with employees, where the details of the termination can be delivered, reviewed and discussed with the employee in an empathetic and informative manner. Given the vast geographic dispersion of the modern workforce, in-person layoffs just may no longer be practical. But with that said, the right planning can make a difficult and awkward process more humane. First, the digital equivalent of escorting an employee off the premises — cutting off an employee’s email, slack or other business communication — instantly isolates the worker. While this may be an accepted (even prudent) approach for a variety of reasons (security, morale), a business should have a plan for providing key information – for example, a list of email addresses, cell phone (or other) numbers, and the manner in which an employee can contact the right person with questions. Next, the digital worker will need to know two things right away: first, how the worker must return (if at […]

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REDWOOD CITY, Calif.–(BUSINESS WIRE)– COVU , the only all-in-one AI-enabled digital platform for insurance agencies, has released a new executive forecast on the industry shift toward using generative artificial intelligence (AI) tools to help insurance agencies streamline operations, customer service, and cross-selling opportunities. COVU is a pioneering insurtech startup that gives independent agencies comprehensive support and cutting-edge tools for managing the entire business and uncovering new revenue. COVU helps empower success in today’s dynamic market by giving agents access to the latest technologies in order to make efficient and well-informed decisions. COVU’s team of world-renowned insurance, finance, and technology innovators believe generative AI tools – like ChatGPT built by OpenAI – will play a significant factor in the digital transformation of the insurance industry in 2023. These new AI-powered tools have the potential to reduce customer service costs by up to 30% , which could save insurance agencies millions of dollars. “U.S. insurance agencies are falling drastically behind on the technology curve and it’s time to embrace the new digital era with innovative technologies that enhance business operations,” said Amir Kargar , co-founder and chief technical officer at COVU. “We are on the cusp of a groundbreaking development within […]

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To accelerate the growth of railways under the NRP 2030 I am increasing the budget to INR 2 lakh crore. The focus will be on accelerating the Dedicated Freight Corridors and also increasing the pace of the Bullet Train (high speed) and Vande Bharat (semi-high speed) railway projects. (As part of a Budget special series by ETMarkets.com, we reached out to money managers seeking their perspective on Budget 2023 with a simple question: What if I were the Finance Minister of India) Amrit Kaal Vision: The foremost thing to keep in mind as the FM would be the Amrit Kaal Vision of becoming a developed country. This goal should ideally be achieved within the next 10 years, but definitely within the next 25 years, meaning during the Amrit Kaal. Power and Electricity: One of the basic requirements to electrify a fast-growing economy is Power and Electricity. To ensure the availability of ample power and with a focus on renewables, I will be increasing the budget allocation to the power sector. Renewable energy will get higher allocations. The financing will partly be via sovereign green bonds. Accelerate Growth of Railways: It wouldn’t be an exaggeration to say that the Railways […]

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Michigan still has 20 Bed Bath & Beyond stores, after recent closings. Unclear is how they’ll fare as the chain considers bankruptcy and hunts for a buyer. (Courtesy photo) As Bed Bath & Beyond eyes filing for bankruptcy protection, the fate of its 1,000 U.S. stores is unknown In Michigan, about 20 stores remain open If they close, other retailers are in line to fill the big-box retailer space, according to one Michigan developer Investors are nervously watching Bed Bath & Beyond as the value of the home product chain — which had about 1,000 stores and 32,000 employees across the U.S. a year ago — has plummeted 83 percent since March. The company is looking for a buyer and a lender as it careens toward possible bankruptcy this winter. Its stock now trades at $2.52 a share. The potential bankruptcy raises questions about the chain’s last 20 stores in Michigan — and what will happen to the large outdoor shopping centers that are home to them if Bed Bath & Beyond liquidates. Among earlier examples that sent ripple effects across U.S. retail properties was the closing of Borders Inc. in 2011 and the downsizing of Toys R Us […]

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