Industry veteran brings extensive leadership experience and wealth of industry knowledge to continue company growth BOSTON, February 14, 2023 –( BUSINESS WIRE )– Digital.ai , the leading enterprise platform for AI-driven software development, today announced the promotion of Derek Holt as Chief Executive Officer. Holt joined Digital.ai in 2020 and most recently served as General Manager of the Intelligent DevOps division. He succeeds Stephen Elop, who will return to the role of Executive Chairman, which he assumed in 2020. Elop will continue to be engaged with customers and the management team. "Digital.ai is helping to accelerate digital transformation within the Global 2000," said Holt. "We have an industry leading AI-powered DevOps platform that enables our customers to improve and secure their software development and delivery process, all while gaining a deeper understanding of the return on investment of their technology spend. I’m excited to come into this role and look forward to working with Stephen, the board, our customers and the Digital.ai team as we write the next chapter of our story." During his tenure as General Manager of the Intelligent DevOps division, Holt was responsible for improving Digital.ai’s industry leadership across the DevOps portfolio, including enterprise agile planning, […]

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Galina Antova is the Co-Founder of Claroty , cybersecurity company focusing on protecting the world’s critical infrastructure. getty The disruption of the pandemic has shown CEOs and boards that, through digital transformation, they have an opportunity to make more aggressive plays that distinguish themselves and their organizations as leaders. While technology adoption and innovation have always been hallmarks of leaders, Accenture finds that in the past three years, they have pulled even further ahead , growing revenues five times faster than laggards. However, with pervasive connectivity of digital components to physical systems and a rise in remote work came increased cyber risk. Ransomware surged , and critical infrastructure organizations have been squarely in attackers’ sites. The need to approach digital transformation securely became abundantly clear, which meant CEOs and boards also increased their investment in cybersecurity as a competitive advantage. On the whole, the size of CISO’s security teams grew in 2022 compared to 2021. Additionally, 80% of critical infrastructure organizations report that both their IT and operational technology (OT) security budgets increased in 2021, and more than half say their C-suite and board are very involved in cybersecurity decision-making and oversight. Geopolitical Conflict And Hybrid War Increased engagement […]

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PRESS RELEASE: ZTE Corporation has been invited as an enterprise representative of the digital transformation practice in China to the FIDIC (International Federation of Consulting Engineers) Asia Pacific Webinar, organized by the China National Association of Engineering Consultants online recently. The Webinar, themed with “New Infrastructure and Digital Transformation”, gathered over 100 digital experts from more than 40 member countries in Asia Pacific. Mr. Yang Yahan, senior engineering project management director of ZTE Global Service Digitization, has delivered a speech entitled “Digital and Intelligent Evolution of ZTE Global Service Engineering Project Management” at the Webinar. In his speech on “Digital Transformation,” Mr. Yang Yahan introduced the digital transformation of ZTE Global Service, the intelligent digital delivery platform iEPMS, and the digital methodology. – Global Service Start Digital and Intelligent Transformation ZTE’s started its digital transformation in 2016. ZTE’s Global Service has created the concept of digital network deployment. ZTE has independently developed a “real-time, automatic, collaborative, and visible” iEPMS (Intelligent Engineering Project Management System) digital delivery platform, which runs through the entire end-to-end process of contracts, supply chain, procurement, engineering, services, and finance, and is the first in the industry to achieve automation, intelligent, and digitalization of network deployment […]

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65% of Indian Businesses have seen a positive outcome from digital transformation, finds DBS and FT Longitude Survey DBS and Financial Times (FT) Longitude surveyed over 1,225 senior executives from Commercial and Finance/Treasury teams of organisations across 22 markets on their digital transformation journey. The survey sheds light on corporate ambitions, successes, and lingering concerns, while revealing that Indian companies have reported the highest impact from digitisation at 65%. The survey reaffirms that India has firmly entered the digital age with the determination of an economic powerhouse. India’s drive for digitalisation is embodied by the government’s Digital India program and the rapid rise in internet users to 700 million. The findings revealed that the most important goals of digital transformation are boosting efficiency and enriching customer experience (40% respectively). This is followed by improving collaboration across functions and teams (33%). The research found that for Indian businesses, cultural elements that most support digital transformation are collaboration across functions (47%) and diversity in transformation teams (38%). Sales and marketing (38%) and supply chain/procurement (21%) emerged as critical areas of an organisation that urgently need digital transformation. The survey further enlightens the growing role that treasury and finance play in enabling […]

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Photographer: Eric Thayer/Bloomberg The US government is moving urgently to nurture new offshore wind and carbon storage industries despite some economic hurdles, according to the nation’s newly minted ocean energy regulator. The tasks of overseeing the buildout of those nascent industries falls to Elizabeth Klein, an environmental lawyer and clean energy champion just appointed director of the Bureau of Ocean Energy Management . Klein takes over at a critical time, as her agency makes decisions about where to install ocean wind farms, how to safely store carbon dioxide under the sea floor and the future of oil drilling in the Gulf of Mexico. That comes against a backdrop of challenges from inflationary pressures to supply chain shortages. “The president has been clear that we are in a climate crisis, we have a responsibility as the federal government to do something about that and we can turn that into an opportunity to transition to cleaner sources of energy,” Klein told Bloomberg in her first interview in the new role. At the same time, the focus will be on doing it in a “way that really supports communities” while tapping American smarts and innovation, she added. Elizabeth Klein Those opportunities converge […]

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It’s always nice to have a lot of capital to invest, but managing a large new fund can be even more advantageous right now given that many later-stage companies that put off fundraising last year will likely be in the market come hell or high water in 2023. No doubt traditional venture firms like NEA, which just closed on $6.2 billion across two new funds, will be waiting for them. So will the buyout firm Bain Capital , which just closed its second growth Tech Opportunities fund with $2.4 billion, up from the $1.3 billion that the outfit put to work through the first vehicle of its type in 2019. The 30-person team used its debut fund to fund mid-market buyouts, make cross-platform investments and pursue “tactical opportunities” that could be bolted onto others of its investments. But late-stage venture-backed startups are among the “archetypes” that the group funds, and late-stage startups could prove especially attractive right now given there is less competition to support them at the moment. At least, according to Crunchbase data, late-stage and tech growth funding hovered around $40 billion in the fourth quarter of last year, down 64% year over year, from $110 billion […]

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Valentine’s Day has historically focused on a one dimensional view of love that excludes the majority Valentine’s Day. A day that historically celebrates and validates a one dimensional view of love. An archetype of romance which is anything but inclusive. Celebrating romantic love, all too often between a man and a woman, primarily through purchasing gifts, in many ways feels out of touch with the reality of multifaceted lives in which ‘romantic love’ is not the pinnacle of a patriarchal achievement economy. With the stigma around being ‘single’ failing to reflect the reality of choice, the plethora of cards featuring imaging heterosexual couples adds to the sharp edges of a ‘celebration’ which in many ways must belong to a bygone era. Yet while the mass market mainstream Valentine’s marketing machine might favour romantic love above all else, many have already co-opted Valentine’s for their own ends. From parents choosing Valentine’s Day as a moment to mark their love for their children, to the growing popularity of ‘Galentine’s Day’ a special day dedicated to honouring friendship in all its forms. So can marketers also embrace the power of doing Valentine’s Day differently, or is it time to call time on […]

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Provided by Adobe Stock. Sam Bufton, president and chief operations officer at Populo. Image provided. David Levin, CEO and co-founder of Poppulo. Image provided. How do you survive in a time of unprecedented change, both in your industry and the global economy? The answer is, you don’t. More specifically, instead of white-knuckling it through change to survive, you lean into change as the door to unforeseen growth and opportunities. The answer involves viewing every change as a source of opportunity instead of as a threat, along with keeping people at the center and using a holistic approach to connect humans with each other, according to our conversation with David Levin and Sam Bufton at Poppulo , a digital signage firm that recently completed a merger including FourWinds and SmartSpace. Sam Bufton, president and chief operations officer, joined Poppulo in the fall of 2022 and brings a fresh perspective to the digital signage industry. Learning the value of a holistic perspective and of novel solutions aiming to connect human beings amid intense isolation during the pandemic and lockdown period, Bufton retains a passion for keeping the end goal in mind: connecting customers to each other on a human level, regardless […]

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Summary Discounted prices in NYC present a truly unique asset opportunity. The Vornado opportunity is courtesy of commercial office space being one of the least attractive real estate sectors today. Vornado is trading at 0.64x its reported book value and at a 50% discount to the sector. While sector risks remain elevated, Vornado’s share price fully reflects this reality. Real estate is about three things: location, location, and location. Looking for more investing ideas like this one? Get them exclusively at stoxdox. Learn More » OlegAlbinsky/E+ via Getty Images The above photo of New York City literally depicts the Vornado Realty Trust (NYSE: VNO ) opportunity. As the saying goes, real estate is about three things: location, location, and location. As there is much truth in the saying, discounted prices in the above neighborhood present a truly unique asset opportunity. Risk/Reward Rating: Positive Most would agree that the above photo represents some of the most valuable real estate in the world. The Vornado opportunity is courtesy of commercial office space being one of the least attractive real estate sectors today, due to the post-COVID remote working trend. Commercial office space comprises 77% of Vornado’s real estate portfolio with retail […]

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The Dawn Project’s ad shows a Tesla hitting a child-sized mannequin. A Super Bowl ad showed a Tesla slamming into two child-sized mannequins and a stroller. It was created by The Dawn Project, a group that has long attacked Tesla’s self-driving tech. Tesla CEO Elon Musk said the ad would raise awareness a Tesla could drive itself while supervised. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . An advertisement that aired during Sunday’s Super Bowl showed a Tesla slamming into two child-sized mannequins and hitting a stroller. The 30-second ad was created by The Dawn Project, an organization that campaigns to ban what it calls "unsafe software." It was founded and is funded by California tech entrepreneur and Tesla critic Dan O’Dowd, who is also CEO of Green Hills Software, a company that develops self-driving software. The Dawn Project […]

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