HBS is the latest academic institution to capture the bank’s transformation journey in a case study that is being taught to its MBA students MUMBAI, India, Feb. 16, 2023 /PRNewswire/ — 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 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 they executed it. Through my numerous conversations with the bank’s executives, what came across very strongly were the digital and purpose-focused elements of the transformation and how these permeated […]

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Digital Transformation in Office Technology Industry Focus of The Cannata Report’s February 2023 Issue Office Technology Dealers Provide Digital Transformation Offerings for Businesses in All Sectors HAMBURG , NEW JERSEY, UNITED STATES , February 16, 2023 / EINPresswire.com / — Office technology industry dealers have digital transformation at the forefront of their offerings, with digital technology products and services designed to create new business processes and improved customer experiences. Office technology dealers incorporate digital transformation platforms into their managed services and managed IT platforms to provide innovative digital technologies to all businesses, regardless of industry, sector, or size. The Cannata Report, the intelligence resource for office technology dealers, focuses on digital transformation in its February issue. It features in-depth content that examines how digital innovations allow office technology dealers to provide customers with data-driven insights, improved ROI, enhanced communications and collaboration, and improved customer experiences. Providing a deep dive into how office technology dealers have prioritized digital transformation for their businesses and their customers’ businesses, " The Many Sides of Digital Transformation " spotlights two leading office technology dealers—Marco Technologies and Impact Networking—and details how they have implemented digital transformation strategies for managed IT services and cloud access, data […]

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HCLTech has released the 2023 edition of its Tech Trends report aimed to offer an assessment of the technologies that will shape digital transformation and enable modern enterprises to stay ahead of the curve. The seventh edition of the annual report from HCLTech’s Enterprise Technology Office names the trends that are expected to play a crucial role in accelerating three critical characteristics – flexibility, speed and scale – for businesses in the post-pandemic digital-first era. Democratization of AI: 2023 will witness wide-scale democratization of AI – from enabling chatbots to integrating into the chip industry for developing AI-ready hardware. Accelerated shift to multi-cloud: Progression to multi-cloud will accelerate significantly in 2023. Sovereign and industry clouds will be more widely accepted, with more than half of the enterprises using industry cloud solutions by 2027. Cybersecurity transformation driven by quantum technologies: Industrial applications of quantum technologies will be realized in quantum-secure communications and optimizing machine learning models with the help of quantum machine learning. Low-code, no-code platforms for super-app development: By 2024, low-code development will account for more than 65% of application development activities. 5G applications go mainstream: 5G will become the de facto standard in the coming years, with increased […]

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Aside from commercial real estate dealers, office equipment vendors were among the hardest hit by the massive office evacuation following the pandemic. But the death of the office was much exaggerated, say some affected CIOs, who point to an increasing number of corporate mandates for employees to return to the office for at least three days per week as the telltale of better business ahead for them. [ Learn from your peers: Check out our State of the CIO report on the challenges and concerns of CIOs today. | Find out the 7 skills of successful digital leaders and the secrets of highly innovative CIOs . ] Tokyo-based printer manufacturer Konica Minolta, for instance, is seeing a jump in business that its US subsidiary CIO cannot quantify now but is confident will show in future earnings. In fact, the 150-year-old OEM used the business slowdown to develop its digital transformation strategy to reinvent itself internally and grow the internal value of the company, as well as the external value it provides its customers, says Mike Lee, senior vice president and CIO of Konica Minolta Business Solutions USA. The blueprint of that transformation, which is based on Google Cloud Platform […]

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LONDON & NEW YORK–(BUSINESS WIRE)–Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or the “Company”), the UK’s leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, has agreed to sell its German subscription business, Cluno GmbH, to ViveLaCar GmbH and The Platform Group GmbH & Co. KG. The financial terms of the transaction were not disclosed, the total portfolio includes several thousand cars in the German market. The disposal concludes Cazoo’s withdrawal from the German market as part of its strategy to focus exclusively on the UK market. The agreement includes 100% of the capital and voting rights of the company Cluno GmbH and the Cluno brand along with the associated assets. All employees of Cluno will transfer to ViveLaCar GmbH as part of the agreement. Following this transaction, together with previously announced sales of other businesses and assets in Europe, the withdrawal of Cazoo from mainland Europe is now largely complete. Cazoo is the UK’s largest independent used car retailer. Our mission is to transform the car buying and selling experience across the UK by providing better selection, value, transparency, convenience and peace of mind. Our aim is to make […]

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Our small businesses are set for a doom loop if we can’t expand the benefits of digitisation. More than 50 years on from some of the world’s coolest computing milestones and over 50 per cent of African small and medium enterprises (SMEs) are still not using a digital business tool. In a 2020 study by African Banker and banking platform Backbase, digital transformation is imperative in every aspect of the business — from customer attendance to internal operations. And for SMEs to be the engines of inclusive growth, we need to rethink their development strategies that put digitisation at the centre of reforms. Studies show that digital business tools are fundamental to SME growth. They make you more efficient, productive, and innovative. They are also the only way you can reliably reach a marketplace beyond your hood. The year 1972 was monumental for us techies. It was the year that saw the launches of the C programming language, floppy disks, the first scientific pocket calculator, the first international advanced Research Projects Agency Network connections and the seminal video game, Pong. It reminds us that the digital age is entering middle age. As computing capabilities increased and the Internet came […]

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C20 Working Group on Education & Digital Transformation will hold a panel discussion on Inclusive Education for Diverse Learners today @G20org #G20India pic.twitter.com/80XzTja97U — Prasar Bharati News Services & Digital Platform (@PBNS_India) February 19, 2023 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)

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Srinivasan Venkatraman India is one of the largest democracies in the world and the scale and speed at which digitization has proliferated the economy over the past few years has put India at the center-stage in the world of digital transformation. While every segment of the economy has embraced digital transformation through deployment of new technologies, the Central Government departments and the Ministry of Finance have made tremendous efforts in aiding this digitization drive to create significant efficiencies and reduced turnaround times (TAT) for all critical services. eGovernance, Digital Tax Filing, eProcurement, and the ability to process a high volume of tax refunds in days, speaks of the healthy progress made in India for empowering citizens and businesses. The trickledown effect of digital transformation can also be seen in the State Governments which are aggressively implementing technologies to streamline their services. From eOffice initiatives to efficient citizen services, adoption of automation and effective electronic signatures and workflow solutions have certainly led to ease of doing business and improved operational efficiencies. According to an IDC report dated December 2022, the digital transformation (DX) spending in India is likely to reach $85 billion by 2026, as firms in the country aim […]

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The need for high-speed internet has become an essential necessity for most of the world’s population. And the complaints by consumers that their broadband speeds are not fast enough is universal. One would think a company that owns and is building out high-speed fiber products would make a great investment, but that has not been the case for Lumen Technologies Inc. (NYSE:LUMN). The facilities-based technology and communications company provides broadband, fiber, cloud services, IT solutions, unified communication and collaboration solutions, colocation and data center services, content delivery services and managed security services. The intrinsic value of LUMN The company also provides fiber infrastructure services, comprising high bandwidth optical wavelength networks and unlit optical fiber. As of the end of 2022, Lumen served approximately 3.1 million broadband subscribers. Formerly known as CenturyLink, the company changed its name to Lumen Technologies in September 2020. It was founded in 1968 and currently has a market capitalization of $4 billion. Recent news The company has historically carried high levels of debt and has been attempting to delever the balance sheet in recent years. In October, it closed on the sale of its local carrier operations for $7.5 billion and in November, announced the […]

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Albemarle Lithium Operations in Silver Peak, Nev. on Oct. 6, 2022. (David Calvert/The Nevada Independent) Nevada, as with other arid parts of the globe such as Chile and Argentina, is awash with lithium. The soft, silvery white mineral is in high demand as a key component of batteries used to power electric vehicles in the transition away from fossil fuel-based economies. For years, state officials have positioned Nevada as the central node in the domestic lithium supply chain, a place to extract, recycle and market the metal. But the new increasing demand — how it plays out and where mining is permitted — could have major consequences for local communities, the environment, public land and the management of a critical resource: water. The so-called “lithium rush” is on in Nevada, but it could take years to sort through the often conflicting issues. “There really isn’t a rush,” said Mike Visher, who leads the Nevada Division of Minerals, when asked about bringing more mines online. “These projects generally take more than a decade.” Companies face extensive permitting requirements, and regulators are being forced to confront difficult decisions about what to prioritize amid intense pressure from investors and the public. Lithium […]

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