Infor, the industry cloud company, announced today that Saudi Lime Industries Co (SLIC), a Saudi Arabia-based producer and supplier of limestone products, has selected Infor CloudSuite Industrial Enterprise powered by Amazon Web Services (AWS), to help simplify and automate its business and processes. Infor CloudSuite Industrial Enterprise, a powerful composable platform based ERP solution preconfigured for discrete manufacturers, will boost SLIC’s ability to optimally meet surging demand for its products from sectors including construction, iron & steel, glass production, mining, and agriculture in the Middle East, Africa, and Asia, and support Saudi Arabia’s economic diversification in line with the aims of Saudi Vision 2030. Learn more about Infor CloudSuite Industrial Enterprise: https://www.infor.com/mea/products/cloudsuite-industrial-enterprise Demand for limestone is rising rapidly. The global limestone market is expected to reach $86.75 billion in 2026, up from $68.32 billion in 2022, representing a compound annual growth rate (CAGR) of 6.15% during that time, according to The Business Research Story . The figure is likely to be higher in SLIC’s key markets, especially Saudi Arabia, where the construction and infrastructure sectors are booming on the back of mega-projects such as the NEOM smart city and developments on the Red Sea Coast. SLIC, which was founded […]

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Knowledge Notes Welcome to this week’s Knowledge Collection The past twelve months have been difficult for many sectors. While rapid digitalisation continues across all industries, the tech and media sector has been hit hard by world economic events. Several large tech companies are cutting their workforces, advertising revenues are declining and tech M&A activity, although still active, is slowing. While the focus of investment is increasingly on business efficiency, there are new opportunities. Our TMC annual review looks at how the sector is exploring new ways of exploiting data and emerging technology and at how some forthcoming legislation is intended to broaden usage of data, rather than close it down. Our data regulation webinar in February looks at how the EU and UK are looking beyond data privacy , and developing strategies to facilitate increased data sharing to encourage innovation and drive growth. There are always a number of legal angles to consider when businesses undertake a digital transformation project , involving a careful balance of risk management, regulatory compliance and delivery milestones. Our infographic covers some of the procurement, regulatory and corporate governance considerations involved. Our webinar early next month looks at legal tech , and how it […]

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A definitive list of the major trends and critical considerations process excellence professionals should have in mind when driving continuous improvement this year Add bookmark OPEX Transformation PEX Network shares the 11 best strategies for achieving operational excellence in 2023 including transformational mindset strategies, cutting-edge technologies and proven process excellence methodologies. Featuring highlights from our flagship PEX Report 2023 , we shed light on some of the leading ways OPEX leaders can overcome the year’s most pressing challenges, such as inflation, skilled talent shortages and budget limitations, and continue to deliver transformational results. Contents: Target transformations to deliver tangible results A staggering 70 percent of operational excellence efforts fail, according to a report from McKinsey. While failure is an essential component of success, in 2023, many organizations will opt to fail fast and often but with lower stakes. One of the biggest surprises we uncovered in PEX Report 2023 was that organizations appeared to be moving away from enterprise-level transformation efforts and toward more business-unit specific projects. In fact, while 44 percent of respondents in 2022 stated they were conducting enterprise-wide transformation, only 35 percent planned to do the same in 2023. After two years of urgent, large-scale, pandemic-driven […]

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Widespread autonomy is the next step after the digital transformation and advanced manufacturing. Brian Evergreen, the Global Head of Autonomous AI Co-Innovation at Microsoft Research studies autonomous transformation. He describes it as the evolution of work and the relationship between humans and machines. Evergreen will present the keynote, “ Clearing the Digital Fog: The First Step of Autonomous Transformation ,” at IME West in Anaheim on February 8. We caught up with Evergreen to ask for further clarification about the autonomous transformation. Design News: When you use the term autonomous transformation, it seems you’re using the term to describe a concept beyond autonomous vehicles. Do you include autonomous manufacturing? Other industries? Brian Evergreen: Yes. When I use the term Autonomous Transformation, I’m referring to the next era of transformation that encapsulates much more than vehicles, though vehicles have received the most media attention when it comes to autonomy. I’m referring to the evolution of work and the relationship between humans and machines. In the industrial revolution, all physical work was broken down into its most basic work element and any work element that could be mechanized was mechanized, and the rest was given to humans in a move that […]

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Operational insights help Falcon Group tap into newly found capacity rather than purchase additional CNC machines ABU DHABI, UAE, Jan. 23, 2023 /PRNewswire/ — Rockwell Automation, Inc. (NYSE: ROK ), the world’s largest company dedicated to industrial automation and digital transformation, today announced that it has helped Falcon Group to boost its machine utilization by 162.5% using the ThingWorx IIoT platform , part of the FactoryTalk® InnovationSuite, powered by PTC. Continue Reading Operational insights helped Falcon Group tap into newly found capacity rather than purchase additional CNC machines. Headquartered in Dubai, Falcon Group comprises five industrial operations. One of these is a specialist precision engineering and fabrication company that caters for the demanding needs of customers in the aerospace, automotive, marine, healthcare, defense, oil & gas, and steel industries. At the heart of its operations are 16 CNC machines, all of which are essential to the company’s machining capabilities. Before support from Rockwell Automation, Falcon Group was considering purchasing additional CNC machinery to keep pace with customer demand and to support maintenance downtime for critical machines. When at peak capacity, to meet order dates, the company had subcontracted work to competitors. But before signing off on additional machinery, the […]

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In this video, Marinella Soldi shares ways to navigate the turbulent waters of digital transformation and why it is important to tackle both the strategic and cultural facets of change. Marinella Soldi, Chair of Italy’s national broadcaster Radiotelevisione Italiana (RAI), has been a pioneer of digital transformation since the late 2000s. The INSEAD MBA alumna is the protagonist of a new INSEAD case study written by INSEAD professors Jennifer Petriglieri and Gianpiero Petriglieri . The case charts a crucial juncture in Soldi’s varied career: the first 18 months as the President of Discovery’s ailing Southern Europe area. Like many leaders, she realised the need to make a radical turn towards digital to future-proof her business, but she faced scepticism from peers and bosses. In this interview, Soldi shares her lessons for navigating the turbulent waters of digital transformation, emphasising the importance of tackling strategic and cultural facets of change at once. A former management consultant and executive coach, Soldi leveraged both her skills in data analytics and nuanced understanding of people dynamics to connect a change in culture towards a more inclusive and empowering workplace with a change in strategy – the digital transformation. As Soldi notes, “digital transformation […]

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The challenges before us are (1) Need for tremendous digital transformation, (2) Need for climate action, (3) Making our GVCs resilient, which will require decoupling & de-monopolization: @amitabhk87 , India’s Sherpa to @g20org at B20 Inception Meeting inaugural session @b20 pic.twitter.com/7MqVBHOrq4 — Prasar Bharati News Services & Digital Platform (@PBNS_India) January 23, 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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US-based Core10 , which offers lending and account opening products, has raised $6.5m in its Series B funding round. Patriot Financial Partners, a US-based private equity investment firm, served as the lead investor. Contributions also came from JAM FINTOP and the Independent Community Bankers of America (ICBA). With the capital, Core10 will expand its Accrue platform and banking integration services. Core10 offers banking technology integration services, as well as banking and lending products. Its Accrue solution offers digital account opening, digital lending and core/FinTech connectivity to help accelerate digital transformation strategies in community banks. ICBA executive vice president and chief innovation officer Charles Potts said, “Accrue offers an efficient and affordable pathway for community banks responding to growing demand for digital experiences that deliver convenience and speed. “We believe Core10 is at the forefront of technology companies that are fuelling the success of community banks’ digital transformation strategies and are pleased to be part of their innovation journey. With the fresh investment, Core10 has raised a total of $12.5m in funding. Core10 CEO Jeff Hanson added, “Accrue allows us to deliver on the services that community FI’s are looking to offer to their customers and members. Not only does […]

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With a career path that wound through R&D, product development, advanced supply chain, and technology, Praveen Jonnala is well positioned to lead a global IT organization as well as take the reins of operations and other core business functions. Jonnala stepped in as CIO at network infrastructure provider CommScope two years ago after more than a dozen years spent at the company in various roles leading business and technology transformation. Today, Jonnala also commands much of the traditional COO portfolio — an expanded set of responsibilities that work given his track record of understanding business needs and translating them into high-impact digital solutions. [ 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 . ] Praveen Jonnala, SVP and CIO, CommScope “Whether you hold an official title or not, we’re now in this era where technology leaders can’t just operate doing a bunch of technology stuff,” says Jonnala, CommScope’s senior vice president and CIO. “There’s greater appreciation from business leaders that technology is what’s driving efficiencies, disrupting products, and underpinning new […]

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The largest movie screen in Saskatchewan is set to undergo a digital transformation. Regina’s Kramer IMAX is undertaking renovations to support a new digital laser projector. Currently, the theatre is home to two IMAX 3D 15/70 millimetre film projectors, displaying select Hollywood favourites and documentaries on a 52 foot tall, 73 foot wide screen. Chief projectionist Trevor Ewen has worked at the theatre since the late 90s, and has been a part of some of the previous major changes, including integrating 3D technology in 2010. RELATED STORIES “To quote my father: ‘You can’t stop progress,’” Ewen said. The latest progression at the Kramer IMAX will allow the theatre to show a wider selection of Hollywood movies–not solely those shot on IMAX film. “What the laser system is going to allow us to do is it’s going to allow us to show more movies, change the movies over more often and of course, it’s going to give us access to all the movies that people are asking us about all the time,” Ryan Holota, the chief operating officer of the Saskatchewan Science Centre, said. Two IMAX 3D 15/70 mm film projectors sit in the projection room at the Kramer IMAX […]

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