Europe is quickening its step in a bid to catch up in the global race towards a digital future. Hartley Milner reports on the swathe of actions that could see the region take the lead in the transition while boosting trade opportunities at home and across international markets. The Path to the Digital Decade is a programme of ambitious targets and support initiatives devised by the European Union to make sure every member state is ready for the “challenges of an evolving and inter-connected world” by 2030. How the EU aims to get there is set out as a ‘digital compass’, each of its four points indicating a core strategy – promotion of digital skills, rollout of secure and sustainable digital infrastructures, the digital transformation of businesses and digitalisation of the public sector. The Union pledges to work towards these objectives without compromise on “transparency, security or fundamental digital rights and principles”. Additionally, each country will have to come up with a strategic roadmap of its own, showing how it will go about achieving the transition, including measures backed up by regulation and investment. “The Digital Decade is about making digital technology work for people and businesses,” said Margrethe […]

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Technology plays an integral role in product research, business operations, customer engagement, and marketing campaigns in the digital age. Because of the advancement of modern technology, many companies leverage solutions that can help automate business processes, boost employee productivity, and add more value to customers and other stakeholders. Statista forecasted total spending of US$1.6 trillion on digital transformation (DX) in 2022, which will reach US$3.4 trillion by 2026. Digital technology is now being embraced, such as cloud migration and using tech tools for communication and collaboration. The recent pandemic increased digital transformation growth, making organizations more agile to respond to the changing customer needs and market demands of faster business transactions and innovation. Let’s find out the top digital transformation predictions in 2023 according to industry experts: The Rise of Business Marketplaces Dov Breuer, the Chief Operating Officer of Fixlers , shared his expert insights about business marketplaces. He said, “Marketplaces aren’t only for business-to-customer or B2C companies. Many business-to-business or B2B companies are now more open to this business tech concept. In virtual marketplaces, a business can showcase its products, services, or solutions like retailers or the e-commerce industry do. You create a go-to or one-stop shop for […]

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Amid all the doom-and-gloom in the market, the technology sector remains robust thanks to companies’ continuing efforts to adopt new cloud-and-AI based systems. But as purse strings get tighter, businesses need to get more savvy about their tech purchases if they want those investments to succeed. It’s clear that, despite cost-cutting in other parts of their organizations, executives aren’t pushing pause on the critical digital overhauls that will help define the future of their businesses. Researchers at Statista predict global digital transformation spending will reach $3.4 trillion by 2026. But while the word “digital” is now in the daily lexicon of most executives, IT modernization efforts are no longer the bottomless pit of money they once were. Companies are more focused than ever on maximizing their spend and getting the biggest return possible. And for good reason. Enterprise buying decisions have long seemed tribal, political and agenda-driven, resulting in decisions that may not be logical or even address the actual problem a company sought out to solve. Adding to that, the market is increasingly clogged with half-baked products that are marketed as some magic solution. Only after the ink has dried on the contract do most customers realize how […]

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SINGAPORE – Media OutReach – 7 February 2023 – Energy Market Company Pte Ltd (EMC) operates Singapore’s wholesale electricity market – Asia’s first liberalised electricity market. To accelerate EMC’s digital transformation, iZeno expanded EMC’s automation and integration capabilities with frameworks such as Node.js, Jenkins, and Apache Maven to reinforce continuous integration and continuous deployment capabilities. iZeno architected and implemented Red Hat Middleware and FUSE integration, Privilege Access Management, Single Sign-On, and Tricentis Tosca as part of the initiative. The team was also committed to ensuring all application modernisation efforts were carried out in alignment with stringent testing policies in a governed manner, on time, and within budget. Lau Chee Kiong, Senior Vice President, Technology at EMC, said, “We were in the process of modernising our core applications so that they stay relevant, up-to-date, and meet regulatory compliance. We selected iZeno as our technology partner to co-architect a modernised, cloud-native architecture on account of their experience and technical capabilities, exemplary customer support, and thorough understanding of our business requirements.” “With the new solution, EMC has improved the flexibility, efficiency, and speed in provisioning UAT environments via virtualisation. We have also gained deployment management capabilities to multiple environments and saw a […]

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Fibre infrastructure group Altitude announced its participation in a smart-city project led by France’s Grand Est region, which recently received a EUR 2.6 million government grant as part of the country’s ‘Investing in the Future’ funding programme (known as PIA, Programme d’Investissements d’Avenir). With an overall budget of EUR 6.6 million, this new initiative aims to pilot a data management platform that a dozen municipalities will use in areas including lighting, security, waste, and mobility. After registration with your email address and a password, you’ll get an 6-digit verification code which you need to enter in the next step. This will give you direct access to the selected article. Already have an account? Log in With your registration you will receive the daily TP:Today and occasional mailings from Telecompaper or partners. By clicking “Create your account”, you agree to the Terms and Privacy Policy Terms of Service and Privacy Policy

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Global analytics software provider FICO has partnered with FPG Technologies & Solutions LTD, a member of FlexiP Group, to bring advanced decision management and analytics tools to companies across West Africa. according to terms of the partnership, FPG will sell, implement and support FICO Blaze Advisor decision rules management system and FICO Xpress Optimisation, leading tools that businesses use to automate high-volume decisions, rapidly change strategies and leverage advanced analytics to improve performance. The chief executive officer, FlexiP Group, Rex Mafiana said, West African companies are engaged in digital transformation initiatives that have gotten extra momentum from the pandemic. “Across all industries, it’s critical to be able to automate more decisions, to change strategies faster, and to increase efficiency. “FICO has world-class tools that can help our customers be more competitive, and also help our own development team develop new products,” he.added. In addition, the managing partner, relationships for FICO in Europe, Middle East and Africa, Mark Farmer said, rules management and mathematical optimization are the core technologies for better decisions. “FPG has deep domain expertise in multiple industries in West Africa, and can help businesses there use these technologies to transform their performance,” he added. As FICO’s flagship […]

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ABB has launched its latest release of ABB Ability TM Symphony ® Plus distributed control system (DCS) to further support digital transformation for power generation and water industries. With more than 40 years’ experience of total plant automation, the latest version of Symphony ® Plus will further support customers’ digital journey through a simplified and secure OPC UA connection to the Edge and Cloud, without interfering with core control and automation functionalities. The new Symphony ® Plus delivers customers access to digital solutions, such as fleet asset management enabled by ABB Ability™ Genix Asset Performance Management. It also enables users to access process and alarm data from mobile devices through the ABB Mobile Operations application, allowing them to stay updated to react faster, reduce downtime, and save costs. Critical data can now be viewed anywhere, anytime, thanks to HTML5 web-based operation and engineering tools, promoting collaboration, improving plant uptime and performance. Flexible field device management has also been enabled with ABB’s Field Information Manager (FIM)​​​​​​​, making the configuration, commissioning, diagnostics, and maintenance of fieldbus instruments quicker and easier. “In developing the latest release of Symphony ® Plus, our focus has been on creating innovative technology that gives customers access […]

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The manufacturing sector has witnessed a stark digital transformation in recent years, and one of its most significant technological revolutions, shop floor digital transformation, generates vast amounts of data. Several manufacturing companies are now leveraging Industry 4.0 solutions that deliver real-time visibility to their existing processes and help optimise overall operational efficiency. Industry 4.0 applications such as IoT, Cloud Computing, Big Data, Advanced Robotics, AR/VR, AI, and ML improve operational efficiency, improve workforce productivity, and enable safe and sustainable operations through digitisation, optimising production and supply chain, managing machines using closed-loop analytics, and managing fleets with the help of IoT devices. Several manufacturers are now moving their operations to cloud platforms to enjoy benefits like cost-effectiveness, easy accessibility of manufacturing operations data by enterprise personas, transparent data insights and analytics, and the ability to scale the business effectively. Why is manufacturing data being moved to the cloud? A report by Gartner states that 65.9% of spending on application software in the enterprise IT industry will be directed toward cloud technologies by 2025, up from 57.7% in 2022. The manufacturing industry, too, is following suit, and several manufacturers are now shifting to cloud technology for complete shop floor transformation to […]

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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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Rheumatology Therapeutics Market Report 2023-2028 includes a comprehensive analysis of the present Market. The report starts with the basic Rheumatology Therapeutics industry overview and then goes into each and every detail. Rheumatology Therapeutics Market Report contains in depth information major manufacturers, opportunities, challenges, and industry trends and their impact on the market forecast. Rheumatology Therapeutics also provides data about the company and its operations. This report also provides information on the Pricing Strategy, Brand Strategy, Target Client, Distributors/Traders List offered by the company. To Access the Sample Copy Report: https://www.coherentmarketinsights.com/insight/request-sample/796 Important Features that are under offer & key highlights of the report: 1) What all regional segmentation covered? Can the specific country of interest be added? Currently, the research report gives special attention and focus on the following regions: North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Russia, Spain etc), South America (Brazil, Argentina etc) & Middle East & Africa (Saudi Arabia, South Africa etc) ** One country of specific interest can be included at no added cost. For inclusion of more regional segment quote may vary. 2) What all companies are currently profiled in the report? The report Contain the Major Key Players currently profiled in […]

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