Blakely Borough, PA, Feb. 06, 2023 (GLOBE NEWSWIRE) — A transition from paper to digital processes is underway in Blakely Borough, Pennsylvania where local officials have sought greater efficiency in municipal operations and constituent services. The city recently partnered with GovPilot , a New Jersey based provider of cloud-based government management software. Officials from Blakely Borough are working with GovPilot to implement a number of digital capabilities and public facing forms that aim to make operations more efficient and services more convenient for constituents. The municipality, with a population of 7,000 is initially utilizing GovPilot to digitize forms and processes for Land Development, Zoning Permits, Construction Permitting, Landlord Registrations, Park Reservation, Zoning Variance, Business Occupancy Use Permits, Dumpster Permits, Employment Applications, and non-emergency constituent concern reporting. Officials from Blakely Borough have deployed GovPilot’s Report-a-Concern feature which enables residents to report non-emergency concerns such as potholes or general code violations directly via a digital form on the township website, or through an app on their phone, called GovAlert. The app, available to residents on Android and iOS devices is easy to use, and routes citizen concerns directly to the relevant municipal department so that the issue can be resolved quickly. […]

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CommerceHealthcare® has released its fifth annual Healthcare Finance Trends for 2023 report. The report includes an in-depth analysis of research combined with practice experience and identifies consideration for the industry given multiple intersecting challenges in the year ahead. The report’s key insights range across regulatory, financial, technological and supply chain considerations. The full article is accessible at CommerceHealthcare.com , but one trend that will continue to carry importance for healthcare leaders is the need for a digital transformation. Digital transformation is fundamental to healthcare’s business and care delivery model changes. IBM’s website succinctly captures the goal, “Digital transformation means adopting digital-first customer, business-partner and employee experiences.” A leading forecaster believes 70% of healthcare organizations will rely on digital-first strategies by 2027. 1 Transformation efforts need to accelerate. One study showed that “digital, technology and analytics strategies exist for nearly all organizations, yet only 30% have begun to execute on those plans.” 2 One functional segment ramping up digital transformation is finance. According to a recent survey, 94% of CFOs and senior leaders stated that such efforts will be at the forefront of financial operations and strategy for 2023-2024, and 79% described it as an “absolute need” for “commercial stabilization […]

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The Ministry of Defence (MoD) must transform itself to successfully execute its digital strategy, according to the Public Accounts Committee (PAC). A report by the committee said that the department is “not well setup to implement digital change at pace and scale” and that change is needed. The MoD published its 10-year digital strategy in June 2021, aiming to invest an additional £1.6bn in digital , including establishing a “digital foundry”, a federated ecosystem of digital innovators and developers, and a defence-specific artificial intelligence (AI) centre. The strategy also aims to place a digital backbone at the heart of its approach, which will be the enabler for digital transformation. However, as a National Audit Office (NAO) report highlighted in October 2022, the department has yet to come up with a delivery plan for the strategy. The PAC report said that while the department is now working on a delivery plan, the committee is not optimistic that the strategy will succeed. “Despite the urgency and ambition of its digital strategy, the department does not yet have a delivery plan to measure and track progress. The department’s digital strategy sets out how it wants to share and exploit data effectively for […]

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As organisations continue along the road to Digital Transformation, many are reaping the benefits of engaging professional services to assist with the delivery of strategic goals. We hear from Richard Shaw, Director, Argantic, who says: “Professional services are essential for businesses to succeed in today’s rapidly changing technology landscape.” Professional services play a critical role in helping businesses to adopt cloud technologies and successfully undergo Digital Transformation. These services provide businesses with the expertise, experience and support needed to navigate the complexities of cloud computing and Digital Transformation, ensuring that technology investments deliver the desired results. Richard Shaw, Director, Argantic The widespread adoption of cloud computing has changed the way businesses approach professional services. Cloud-based solutions offer flexible, scalable and cost-effective alternatives to traditional on-premise technology solutions. As a result, professional services in ICT are increasingly focused on cloud migrations, cloud security and cloud management. Professional services are an essential part of any cloud adoption and Digital Transformation strategy. They provide businesses with the expertise, experience and support needed to ensure that their technology investments deliver the desired results and help them to remain competitive in today’s rapidly changing business environment. Whether you’re looking to migrate to the cloud […]

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Ajit Kolhe is the World Wide Partner Lead for Automotive at AWS. He builds and scales market differentiating solutions to solve customers’ unique business Digital Transformation Digital Transformation Digital Transformation Technology Magazine is the ‘Digital Community’ for the global technology industry. Technology Magazine covers the ‘7 Pillars of Digital Journey’ – Digital Transformation, Cloud Computing, Cybersecurity, Digital Ecosystems, Strategic Alliances, Data & Data Analytics and AI – connecting the world’s largest community of enterprise IT and technology executives. Technology Magazine focuses on technology news, key technology interviews, technology videos, the ‘Technology Podcast’ series along with an ever-expanding range of focused technology white papers and webinars.

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Jacob Lund via Getty Images Dive Brief: Corporate board directors are struggling to oversee the rapidly evolving threat of cyberattacks, according to a report from Diligent Institute , which specializes in corporate governance issues. They consider cyber and data security as their most challenging issue. The report, based on a survey of 300 directors, shows corporate boards are struggling to understand cybersecurity and digital transformation issues. Nearly half of board members are pursuing director education programs to prepare themselves for new breach disclosure rules the Securities and Exchange Commission is proposing, according to the report. Dive Insight: The report underscores how the surge in sophisticated cyberthreats – including ransomware – in recent years has challenged traditional corporate governance. Cybersecurity and business interruption are now considered the top corporate risks, according to research from Allianz Group. Data security is a priority issue at the most senior levels of U.S. corporations. Business leaders are now facing requirements to rapidly share intelligence with industry partners while remaining upfront with customers and transparent with investors and government regulators. “Overseeing cyber risk is incredibly challenging,” Dottie Schindlinger, executive director of Diligent Institute, said via email. “With the global cost of cybercrime expected to reach […]

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Irina Gutyryak It has been a rough ride for WestRock (NYSE: WRK ) shareholders. The stock has declined 45% over the past five years and is down nearly 25% in the last year, significantly underperforming the broader market. Shares declined last week after the company withdrew full-year EBITDA guidance citing weakness in its global paper segment and an uncertain demand outlook (high customer inventories) given the economic environment. While the global paper segment, which represented ~30% of EBITDA (3 year average), is subject to greater volatility than the company’s consumer packaging and corrugated packaging segments, I believe the market has overly discounted WestRock shares which now sell for just ~8x current year (depressed) free cash flow per share. As I discuss below, I see modest upside even if the business continues to experience weak results and significant (+150%) upside should management achieve its 2025 targets. Reasons to like WestRock Improved industry structure following years of industry consolidation. Ten years ago, the top five players controlled less than 50% of the corrugated packaging market. After a decade of consolidation, the top 4 players now control 75-80% of the market which creates a much more favorable dynamic in terms of capacity […]

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Officials had to submit five places filmmakers might be interested in and those places included Riverfront Park, areas in downtown Beaumont and Tyrell Park. BEAUMONT, Texas — Southeast Texans who hope to work on film and television sets may soon see their dreams become reality right in Beaumont. City officials are hoping to jump on a trend sweeping the state and attract filmmakers through a new film production certification. They believe the idea could generate millions of dollars without costing the city a cent. Beaumont officials have already taken the steps to get certified through the Texas Film Commission. If the idea is approved, historical buildings in downtown Beaumont could become sound stages and lush views along Riverfront Park could become a backdrop for films. Officials had to submit five places filmmakers might be interested in and those places included Riverfront Park, areas in downtown Beaumont and Tyrrell Park. Beaumont officials came up with the idea in January. “It doesn’t cost the city at all once we become certified upon our council approval,” Miles Haynes, assistant to the city manager, said. The idea is expected to go in front of the Beaumont City Council soon. Haynes is leading the […]

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Source: Shutterstock Advanced Energy Industries, Inc. ( NASDAQ:AEIS ), might not be a large cap stock, but it saw a significant share price rise of over 20% in the past couple of months on the NASDAQGS. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Today I will analyse the most recent data on Advanced Energy Industries’s outlook and valuation to see if the opportunity still exists. What Is Advanced Energy Industries Worth? The share price seems sensible at the moment according to my price multiple model, where I compare the company’s price-to-earnings ratio to the industry average. In this instance, I’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows. I find that Advanced Energy Industries’s ratio of 18.89x is trading slightly above its industry peers’ ratio of 17.55x, which means if you buy Advanced Energy Industries today, you’d be paying a relatively reasonable price for it. And if you believe that Advanced Energy Industries should be trading at this […]

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