Introduction Despite the shipping and logistics industry’s reputation as a technology laggard, digital transformation initiatives have deeply penetrated the sector, with product and service improvement as the primary driver. Nearly two-thirds of organizations say they have a digital transformation plan in place, and most others say they’re considering one, according to S&P Global Market Intelligence’s Supply Chain Digital Transformation Enterprise Survey 2023. That aggressive — and surprising — level of digital adoption is among the most notable takeaways from the survey, which asked 500 shippers, logistics service providers and carriers about their technology adoption and projects. The sector’s biggest inhibitor to reaching its ambitious goals is a shortage of people and skills, which can be at least partially overcome through the adoption of digital-enabling technologies such as cloud computing, IoT connectivity and AI/machine-learning analytics. This adoption is underway, but remains in its early stages. Request Follow Up to Learn About Our TMT Offering Click Here The Take With most shipping and logistics companies saying they have a formal digital transformation strategy in place or on the way, the stereotype of an industry that is slow to adopt technology would seem to get turned on its head. However, adoption of […]

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CAIRO – 16 February 2023: Egypt’s Minister of Communications and Information Technology (MCIT) Amr Talaat said Thursday that the Egyptian government has taken massive strides to a secure smooth digital transformation. He made the remarks during his participation as a guest of honor in the opening session of the “Government Services Forum: A Dialogue on the Future of Government Services”, as part of the World Government Summit (WGS) 2023 grouping global experts and prominent business leaders from the private sector. Talaat said Egypt is foremost among Arab countries in terms of fixed internet connection speed, according to a press release by the ICT ministry. Egypt also ranked A at the GovTech Maturity Index (GTMI); an important tool for helping countries understand their classification on the public sector digital transformation trajectory, thus assisting practitioners in designing new digital transformation projects, the minister said. Meanwhile, the minister said a number of initiatives and programs that have been carried out to build capabilities in the various technological sectors. Digital Egypt platform was launched to offer more than 165 governmental services to citizens in the various sectors, added the minister. He reviewed the Egyptian experiment in providing services to citizens, through upgrading designing […]

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27% increase on mental health claims in young adults amid ‘econom… Expect ‘stubbornly sticky inflation’ ahead, but rising rates a po… Breaking down the big TSX movers swinging the index this morning:… Manulife Financial Corp.’s earnings beat shows the strength of its market diversification despite a challenging economic environment, according to its chief executive officer. On Wednesday, the insurer reported it topped profit expectations in the fourth quarter and post record-high investment gains. In an exclusive interview with BNN Bloomberg on Thursday, Roy Gori, the president and chief executive officer of Manulife, said the positive earnings report comes “against the backdrop of a really challenging environment” with COVID-19 restrictions in Asia, volatile equity markets and high interest rates. “We had really strong growth in our Canadian market and our U.S. market from a sales perspective,” Gori said. “So you know, I’d summarize by saying that [2022 was] a really solid and strong year demonstrating the diversity of our franchise against the backdrop of a really difficult and challenging environment.” In a press release on Wednesday , it said the company’s Canadian operations helped drive growth in the fourth quarter, with core earnings in that division up 22 per cent […]

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MINNEAPOLIS-ST. PAUL, February 16 – The U.S. court system is facing a perfect storm of delays, backlogs and workforce shortages, according to new research from the Thomson Reuters Institute. Many courts were propelled into modernizing by the pandemic, however without continued investment in digital transformation they risk falling back on that progress. This is critical as they try to deal with the explosion of digital evidence which is increasingly being presented by law enforcement and lawyers. The State of the Courts Report 2023 interviewed over 200 U.S. judges and court professionals to better understand challenges in the judicial system, specifically around hearings, evidence, caseloads, and the role of technology. “The U.S. justice system is over-burdened and under-resourced. Just as society has been transformed by digital technology, the court system needs to undergo a similar digital revolution to ensure it can effectively keep pace, serve citizens and ensure access to justice,” said Kriti Sharma, chief product officer for Legal Technology at Thomson Reuters. Delayed hearings, backlogs and resource constraints 79% of judges at state and municipal levels say that delays have affected their hearing process. Judges also say that a hearing delay has a domino effect on other cases, leading […]

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February 16, 2023 WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen spoke with Spanish First Vice President and Minister for the Economy and Digital Transformation Nadia Calviño. Vice President Calviño is the Chair of the International Monetary and Financial Committee (IMFC), the policy advisory committee of the Board of Governors of the International Monetary Fund (IMF). Secretary Yellen highlighted the United States’ continued support for Ukraine, including through an IMF program for the country. The Secretary also conveyed U.S. views on IMF governance and priorities. Secretary Yellen highlighted the United States’ efforts to work with European allies on the implementation of the Inflation Reduction Act. Finally, Secretary Yellen noted mutual efforts to deepen relations with Latin American partners. Use featured image Off

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Bitheap.tech, a digital transformation company founded by tech entrepreneur Laurentiu Raducu, announces its official launch to provide a wide range of services to clients worldwide. Bitheap.tech specializes in software building, consultancy, mobile apps development, web apps development, AI services, and blockchain solutions development, offering cutting-edge technology solutions to help businesses stay ahead in today’s fast-paced digital landscape. Laurentiu Raducu, CEO of Bitheap.tech, is a well-respected tech expert who started his career by providing technical courses on Pluralsight and Udemy, which reached more than 120,000 learners. He is passionate about using technology to help businesses succeed and is now bringing his expertise to the company he founded. "At Bitheap.tech, we understand the challenges that businesses face in the digital age and we are committed to providing our clients with the best digital transformation services," said Laurentiu Raducu. "Our team of experts is dedicated to helping clients navigate the complex world of technology and we are confident that our services will help businesses stay ahead of the curve." Here is how you can potentially earn an extra $3,000 every month… Imagine if you can follow along a full-time trader and just make the same trades as soon as they are making […]

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Digital technologies in Pakistan could create up to Rs9.7 trillion ($59.7 billion) in economic value by 2030, if they are fully leveraged. This is equivalent to about 19 per cent of the country’s GDP in 2020. ‘Digital Lives Decoded 2022’, a study conducted by Telenor Asia, found that 54 per cent of Pakistanis believe mobile devices and mobile technology have significantly improved their careers and aided in developing their skills, with women reporting that their mobile devices have significantly improved their quality of life. Mobile phones are also widely seen as a way of generating income. Nearly half of the people surveyed in the study feel mobile usage provided work and income opportunities that were unavailable before the pandemic. In Pakistan, 38 per cent of the respondents believe mobile access has created new opportunities for them. Our research points to mobile connectivity being an enabler of productivity, progress, economic opportunity, and flexibility. Enabling people to connect to what matters most to them, accessibility to information, increasing productivity and an easy and safe way to manage their finances, are just a few of the many advantages of an increasingly digitized world. However, privacy and security have become serious concerns in […]

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OneSpan announced the launch of OneSpan Notary, a next-generation, all-in-one, cloud-connected solution that enables organizations to transform the way notaries and customers complete agreements and notarize documents in a secure and trusted environment. OneSpan Notary was co-designed in collaboration with commissioned notaries across industries to ensure security and help achieve compliance with a streamlined user experience. This innovative solution provides a new level of flexibility, making it refreshingly easy for notaries and signers to transition from a cumbersome paper process to complete and trusted end-to-end notarization in the cloud. With the pandemic accelerating the need for digital business transactions, organizations are seeking more streamlined alternatives for digital and remote document notarization. In the U.S., over a billion documents are notarized annually. Everyday events, such as buying a house, creating an affidavit, or transferring a car title––may all require notarization, creating additional friction in the process. Also, identity theft and fraud continue to rise significantly––scammers target high-value transactions, such as property transfers, mortgages, estate documents, and powers of attorney. Dozens of U.S. state legislatures used the pandemic to pass bills legally allowing for digital or remote online notarization (RON). To date, more than 40 U.S. states have passed legislation for […]

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Mariam Mammen Mathew, CEO of Manoramaonline, speaking at the fifth edition of ‘Techspectations’ which is being held at Hotel Le Meridien, Kochi, on Friday. Photo: Manorama Technophiles all over have been observing keenly how the pandemic disrupted and reshaped our relationship with technology. To explore all angles of it in depth, they have flocked to Manoramaonline’s marquee biannual digital summit Techspectations 2023, held at Le Meridian Hotel in Kochi on Friday. Lining up an array of top tech experts, entrepreneurs, investors and other stakeholders, the event promises to open new horizons in line with its theme MO@25: Absorb, evolve and thrive in New Digital Order. Manoramaonline’s CEO Mariam Mammen Mathew, who gave the welcome address of the event, took the audience down memory lane by 25 years to the birth of the platform in her speech. “Two and a half decades ago, when Google was yet to be born, Hotmail was ‘hot’, Indians flaunted pagers, those were the days of simple chat and mobile revolution was just taking off, oceans away from Silicon Valley, in 1997, the Malayala Manorama group hit the www.com world with Manoramaonline.” She recalled that was the time when Keralites were yet to experience all […]

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Tinku Malayil Jose India has been on the journey of emerging as the world’s manufacturing hub, and technological innovations have only acted as a catalyst for this evolution. The Industry 4.0 revolution, aided by connectivity, played a critical role in increasing the efficiency in productivity, effectiveness, and quality of offerings by businesses across the spectrum. With the introduction of 5G, this will further accelerate. The companies that adopted the principles of Industry 4.0 accelerated their digital transformation to make their business processes more efficient, accurate, reliable, and predictable. However, with Industry 5.0 fast catching up today, it is more than just about efficiency in manufacturing. The next chapter of the great industrial revolution will progressively focus on human-centricity, resilience, and sustainability. It will increasingly deal with human-robot collaboration, cognitive systems, and customization in terms of personalization or hyper-personalization. The new wave of these technical innovations will elevate the overall user experience with sustainability as its core. To align with these paradigm shifts, it will become imperative for companies to adapt their corporate culture and change their ways of thinking. They must thoroughly review their current operations to re-evaluate their organizational structures and more extensive business plans. The new wave […]

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