Dublin, Jan. 19, 2023 (GLOBE NEWSWIRE) — The "Digital Transformation – Intelligence Report – 2022" report has been added to ResearchAndMarkets.com’s offering. The global Digital Transformation market size is expected to grow to $3.8 Billion by 2030. Digital Transformation is being embraced by organizations of all sizes across most industries. In the Digital Age today, technology creates new opportunities and fundamentally transforms businesses in all aspects – operations, business models, and strategies. It not only enables the business, but also drives its growth and can be a source of Competitive Advantage. After reading this report, you can achieve the following objectives: Identify the key trends (e.g. Digital Transformation spending, business model changes) and disruptions (e.g. Blockchain, Web 3.0) in the Digital Transformation function and industry. Understand the impact of COVID-19 on Digital Transformation by industry, by country, and on key business metrics. Know what solutions and resources are available related to Digital Transformation. This report is organized into the following sections: Overview – This section presents an overview of the market, along with key statistics and facts. Trends & Disruptions – We include a breakdown of key trends (DX spend, business model changes) and disruptions (Blockchain, Web 3.0). Digital […]

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Digital transformation is crucial for all businesses, no matter how big or small. The need for digital transformation has now become the need of the hour for almost all businesses, irrespective of their industry. Every digital transformation guide , talk, panel discussion, blog post, and research about how companies may remain relevant and competitive as the world becomes increasingly digital seems to make that point very clear. However, many business executives are confused about what "digital transformation" means. However, you need not worry about that. This article will cover that, along with the digital transformation trends to watch in 2023 and beyond. We will also be looking at the benefits of digital transformation. And end this article by looking at the best practices to adopt when for a seamless digital transformation journey. Let’s begin! What is Digital Transformation? Given that each company will experience digital transformation differently, it can be difficult to develop a definition that applies to all of them. The inclusion of digital technology into every area of a business, which significantly impacts how those businesses operate and deliver value to customers, is what most people mean when they talk about digital transformation. The digital transformation market […]

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Although more than 90 percent of manufacturers in Vietnam are still in small and medium enterprises, they have performed digital transformation strongly, which also impacts the country’s economic growth beneficially. CNS AMURA Precision Company (CAP), one of the members of Saigon Industry Corporation (CNS) has implemented digital transformation and is negotiating more new orders with foreign business partners to produce end products. Many of its orders are worth up to millions of US dollars. This is a new step after the company became Samsung’s tier 1 supplier. Evaluating its workers’ skills as well as existing production lines and machines, the company’s representatives are confident that they can meet most of the orders of foreign direct investment (FDI) enterprises. Regarding the CNS Amura’s digital transformation process, Mr. Nguyen Phuong Dong, General Director of Saigon Industry Corporation, told following the wave of foreign direct investment in Vietnam, the corporation managers were concerned about how to be able to "absorb" this capital and transform it into an internal force for domestic industrial development. Keeping the concern in mind, the corporation managers have come up with an investment plan to transform the entire production technology line of CNS Amura. Accordingly, the corporation purchased […]

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A “data first” approach must become the “North Star” of digital transformation, according to Hewlett Packard Enterprise President and CEO Antonio Neri. In an article written for the World Economic Forum Annual Meeting, the HPE executive explores how, in his own words, organizations must align strategic, organizational, and technological choices with the overarching goal of leveraging data as a strategic asset. At a time when an enormous amount of decentralized data is being captured from numerous sources, including networked devices, machines, buildings, and infrastructures, unlocking its value offers opportunities for societal progress by using this data to take on geopolitical, economic, and environmental issues, said Neri. World governments are currently investing in data technologies, frameworks, and regulations in recognition of the transformative potential of data for economic and social progress, yet Neri believes many organizations are unprepared to capitalize on these opportunities. HPE conducted a recent survey of 8,600 executives that found the average organization’s data maturity score (the ability to create value from data) was only 2.6 on a five-point scale. Neri sees this as indicative of not only an inability to fully leverage data as a strategic asset, but also a lack of basic capabilities for doing […]

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InfoVision, a global IT services and solutions company announced their partnership with EvoluteIQ, a hyperautomation-enablement technology company. The strategic partnership will enable InfoVision to co-develop transformative business solutions across industries and domains by leveraging EvoluteIQ’s low-code/no-code hyperautomation enablement platform to create seamless and integrated customer journeys across disparate technologies and processes. Through this partnership, InfoVision and EvoluteIQ will jointly focus on assisting enterprises transform digitally by accelerating hyperautomation adoption across organizational functions and workflows to optimize business efficiency and maximize growth. From automating workflows to providing actionable real-time data insights for effective decision making, the eIQ platform offers a customizable and easy-to-use solution with a simple drag and drop facility. With use cases spanning across industries and domains, the eIQ Platform seamlessly connects people, processes, applications and data for enterprises. “This strategic alliance will help InfoVision t transfer the benefits of hyperautomation to its customers by driving efficiency, increasing the bottomline and boosting productivity significantly,” says Sean Yelamanchi, President at InfoVision. “With EvoluteIQ’s proven low-code/no-code hyperautomation enablement platform, InfoVision becomes well-positioned to take the lead in developing enterprise-effective business transformation solutions. Additionally, faster and more accurate services will help improve customer experience resulting in increased customer loyalty and profitability.” […]

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An MoU was signed on Monday between the Ministries of Energy and Communications and Information Technology, and Dawiyat Integrated Communications and Information Technology Company. (SPA) The first day of the LEAP 2023 conference in Riyadh on Monday witnessed a number of agreements and the launch of a package of platforms and digital products to maximize business. Saudi Minister of Energy Prince Abdulaziz bin Salman inaugurated a digital platform specialized in providing a number of services to individuals, institutions and government sectors. The ceremony was held in the presence of the Minister of Communications and Information Technology, Engineer Abdullah Alsawaha. The platform aims to facilitate business and support digital channels of communication with the business community, by increasing the efficiency of the government sector, promoting the quality of digital services, improving the user experience in electronic transactions, and governing the energy sector by taking advantage of emerging technologies and digital transformation, in line with the goals of Vision 2030. Also on the sidelines of the event, a memorandum of understanding was signed between the Ministries of Energy and Communications and Information Technology, and Dawiyat Integrated Communications and Information Technology Company, to invest in the optical fiber system, landing stations, international […]

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Mindbreeze and Telvice Support Digital Transformation Mindbreeze and Telvice Launch Strategic Partnership in the Area of Digital Transformation Mindbreeze, a leading provider of appliances and cloud services in the field of information insight, and Telvice will launch a strategic partnership for future operations. The IT service provider supports companies with individual and customized solutions to drive their digital transformation processes. As an insight engine, Mindbreeze InSpire helps companies of all industries and sizes make their knowledge available to generate added value across multiple functional areas. The intelligent solution uses a combination of traditional search methods and sophisticated data analysis approaches to interpret business information and provide answers to critical business questions. "As a Value Added Reseller and IT service provider Telvice feels honored to work with the most innovative brands, like Mindbreeze. As digital value creation is our mission, we are dedicated to fulfill the needs of our clients and enhance their business potential.” said Tamás Darabos, Deputy CEO of Telvice. “Partnership with Mindbreeze will help us build a more powerful ecosystem for our enterprise customers through illuminated information and insights.” "Competent partners are crucial for the success of our customers. Therefore, our goal is to find reliable partners […]

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Chinese tech giant Huawei highlighted tech applications designed to meet the needs of various sectors in the Kingdom, including government, at the LEAP 2023 global conference. (AN) Riyadh: Chinese tech giant Huawei highlighted tech applications designed to meet the needs of various sectors in the Kingdom, including government, at the LEAP 2023 global conference. The company’s end-to-end innovations, 5.5G, cloud computing, AI, digital power, cybersecurity and industry applications will help the world better manage the challenges it faces, the Riyadh forum was told. Huawei participated as a strategic partner for the forum, which ended on Thursday. in a speech titled “Ecopolis Now,” Safder Nazir, senior vice president for public sector at Huawei Middle East & Central Asia, addressed the triple challenge of sustainability, circularity and resilience facing the world. A national digital twin empowers government decision-makers with predictive intelligence to better manage such challenges and create a sovereign digital nation, he said. Huawei’s presence reflects its efforts to offer tech advances to more industries, and help governments and enterprises in the Kingdom and wider region achieve digital transformation. Nazir said that AI could help determine the amount of green space needed to translate into carbon credits as part of […]

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Community platforms showcased at leading event for business events professionals DALLAS, Feb. 10, 2023 /PRNewswire/ — JUNO is advancing digital transformation with clients embracing software to impact events, community, and learning. The company is pleased to announce today the launch of a new platform from VisitPITTSBURGH specifically for the city’s event planners. Continue Reading Virtual education sessions, a library of resources, and up-to-date content about the city are all available through VisitPITTSBURGH’s POP platform. Planners will be able to host and collaborate with other planners in their own private online meeting rooms on POP as well. "VisitPITTSBURGH launched the Planners On Pittsburgh (POP) community platform to empower planners to create great experiences by sharing, learning, and engaging with each other. As a former planner, I understand the value of a trusted community of peers," says Andrew Ortale, Chief Sales Officer at VisitPITTSBURGH. "We approached JUNO because they shared our vision. JUNO had the expertise and technology to bring our POP to life." Ortale will be interviewed online at 3pm Eastern February 15 by JUNO’s Director of Engagement Megan Martin. "Moonshots: VisitPittsburgh Transforming Digital Engagement" is accessible by registering here . Community marketing is on the rise, with an increasing […]

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C-suite leaders have an insatiable appetite for cutting-edge tech moving into 2023. Over 500 CxOs believe that technology will drive resilience and future competitive advantage as well as be essential for better understanding and serving customers, according to Forbes research. In the Forbes CxO Growth Survey 3.0, we surveyed over 500 global C-Suite executives and took a direct look at how CxOs are focusing on digital transformation to better meet customer needs. While CIOs’ digital transformation plans will focus on deploying AI/machine learning (52%), implementing augmented reality (50%) and expanding the use of IoT (49%), our data shows that the larger C-suite is just as keen on embracing innovation. The challenge? Our research also indicates where to focus digital transformation efforts—and the pace of innovation—is up for debate amongst executives. To help set expectations and enable more productive conversations within the C-suite, we uncovered four digital transformation trends heading into 2023. CIOs have the opportunity to unify the C-suite with their technology and data expertise getty The C-suite Looks To Increase Spend On Technology While CIOs primarily take the lead on digital transformation efforts, our research shows that there’s a unique chance in 2023 for CIOs to unify the […]

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