Market Watch

South Korean company Naver Cloud has partnered with Singapore-based telecommunications company StarHub to drive digital transformation in the telecommunications industry in Southeast Asia. The companies plan to offer 5G network services based on edge cloud computing and jointly develop ultra-low latency cloud services under StarHub’s Cloud Infinity program. Naver Cloud will combine its private 5G building experience and technology in the new Naver building ‘1784’ with Singapore’s public 5G to support customers running 5G core solutions and various workloads on cloud-optimized container platforms. meta_naver-cloud_starhub » pickool The partnership will also establish a collaborative system to strengthen global competitiveness, starting with Southeast Asia, by signing a cloud management services partnership (MSP) and applying cloud technologies to various enterprises. Cloud-based telecom technology is becoming an essential foundation for telecom companies’ digital innovation. Telecom companies can use the cloud to respond quickly to change and manage resources efficiently. By extending NAVER Cloud’s infrastructure and services to the edge and customers’ data centers, the partnership aims to help customers achieve digital transformation in telecommunications. The partnership is an important step in expanding the cloud ecosystem in Southeast Asia. Combining cloud services and telecom technologies will help develop new customer value. This is a […]

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Martin Curley pictured at Open Innovation 2.0 in the Convention Centre Dublin in 2014. Image: Conor McCabe Photography Curley compared his task to climbing Mount Everest in bad weather and referenced difficulties such as ‘supply chain and funding blockages’. The HSE’s head of digital transformation has resigned with immediate effect, hinting at difficulties in achieving the role’s goals. Martin Curley compared his task to climbing Mount Everest in bad weather, citing difficulties such as “supply chain and funding blockages”. He announced his resignation from the role of digital transformation and open innovation director on LinkedIn today (16 January). “We have called off this particular ascent on Everest,” Curley said. “We could still succeed but there would be too many casualties, including me.” “Therefore as part of a well thought out, broader and evolving plan I resigned yesterday with immediate effect from the Health Service Executive.” Curley joined the HSE in 2018 to assist the service in adopting new digital technologies to transform Irish healthcare. During his time in the role, the HSE launched nine digital health labs across Ireland to address various issues such as Covid-19 and using AI in healthcare. In 2020, the HSE also partnered with medtech […]

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Spinny Sales 2022 Gurugram, Haryana, India: Maruti, Hyundai and Honda remain the three most in-demand car brands among buyers Bengaluru, Delhi-NCR and Hyderabad generate significant demand, with 71% of buyers opting for petrol cars Increase in demand for airbags, sunroofs and automatic transmissions in used cars Increase in the demand for automatic compact SUVs Spinny Insights 2022 First-time car buyers 60% Women car buyers 32% Home deliveries 85% Online purchases 48% Top three car-buying cities Bengaluru, Delhi-NCR and Hyderabad Top three preferred car brands Maruti Suzuki, Hyundai and Honda Top three preferred car models Hyundai Grand i10, Hyundai Elite i20 and Renault Kwid Top three preferred colours White, Silver and Grey With the growing economy and steady growth in disposable incomes, full stack used car retailing platform, Spinny has reported a sizable growth in demand for used cars, especially from metropolitan cities. As per the year-end report, it witnessed a 60% increase in first-time car buyers across India in 2022 as compared to 57% in 2021. Valued at $23 billion in FY 2021-2022, the used-car market is projected to grow double the rate, at a CAGR of 19.5% till FY 2026-2027. As per data from Spinny, cities that saw […]

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Systematic upskilling is the need of the hour. Annee Bayeux, chief learning strategist at Degreed, shares what transformation leaders must focus on to enable relevance and help workers navigate the future of digital transformation. In October 1957, a beach ball-sized aluminum sphere soared across the American night sky 100 miles above the earth, broadcasting a squeaking, wobbly beep. The sight and sound of Sputnik, the first human-launched satellite to orbit the earth, set off a wave of fear in America and a revolution in education. The nation immediately responded to what it saw as Russia’s emerging Cold War challenge in science and technology by reengineering the way it taught its students math and science. Today, we face another Sputnik moment. The fourth industrial revolution – the introduction of technologies such as AI, robotics, cloud technologies and IoT – is leaving thousands of companies and millions of workers ill-equipped to compete in a reinvented world. As a result of this constant reinvention, the new reality for all workers is the need to upskill continuously. Learning must include every worker from C-Suite offices to factory floors. In fact, investment in that type of education is already taking place. Two years ago, […]

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Voyaging on turbulent waters far from home, early sailors ventured in fear of legendary sea monsters – monsters created to explain what was unknown, and which came to life through the many vivid stories that were shared on ship and shore. Fast forward to 2023 and the maritime industry finds itself equally in the thrall of a more modern breed of mythical monster as it faces one of the most turbulent periods in its long history. These monsters appear in the stories we tell ourselves about the uncharted waters of digital transformation today, revealing our fears of what a tech-dominated future might look like – and how we might navigate a safe route to get there. To that end, we’ve set out to battle these beasts by surveying a broad cross-section of maritime professionals across EMEA, the US and APAC about their concerns, and what they and we believe the industry can do to successfully adopt innovative maritime technologies. Debunking the mythical beasts of maritime digital transformation In producing our report, we confirmed that two of these monsters that exist in the maritime psyche today pose urgent challenges that will see organisations either fail, survive, or thrive in the […]

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Drazen_/E+ via Getty Images Elevator Pitch My Buy rating for KT Corporation’s (NYSE: KT ) [030200:KS] stays unchanged. I wrote about KT’s "multiple tailwinds" relating to its telecommunications and non-telecommunications businesses in my prior update for the stock published on November 7, 2022. With this current article, my focus is on the sell-side analysts’ expectations for KT, potential changes to its future dividend payouts, and the growth opportunities associated with digital transformation. My research suggests that the sell-side has a positive opinion regarding KT, and the stock has potential catalysts relating to dividend policy changes. More importantly, digital transformation is a key structural growth driver for KT in the mid-to-long term. I retain my Buy rating for KT, as I think that its future is bright after considering the above-mentioned. Analysts Have A Favorable View Of KT Stocks tend to perform well when they are viewed favorably by the market. Therefore, it is critical to assess how the sell-side analysts think about KT Corporation, as this will have a major influence on KT’s share price performance in the near term. I consider the sell-side consensus financial forecasts, analyst ratings and price targets in evaluating analyst sentiment for KT Corporation. […]

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At the end of every year there’s a natural tendency within every industry to assess how far it has come in the past 12 months and where the next 12 might lead. With that in mind, below are some of the key trends we saw in 2022. Interest rates The steep increase in interest rates we’ve seen in 2022 has had a number of different consequences. It has changed the funding environment for the FinTech sector quite profoundly. There’s good evidence that fintech valuations have come down as a result of high interest rates. Higher interest rates have also helped the big banks do rather well, increasing their net interest margins. And therefore, they have been posting some very strong results recently. Global transformation In terms of the digital transformation of banks, there is a lot of evidence to suggest that this has accelerated in 2022, partially driven by a number of different market events. In the UK there have been conversations around Pay.UK’s New Payments Architecture (NPA); the proposal for new legislation aimed at the accelerated adoption of real-time payments in Europe, the forthcoming introduction of FedNow in the US; while at a wider scale the move to […]

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Pricing increased on domestic pears Pricing staying stable on lower supplies of Florida citrus Peru’s export of fresh mangoes down -11% up to week 51, 2022 Medjool dates named one of top food trends for 2023 Indian apple tariffs crush business for Northwest Red Delicious growers For many decades, large shipments of Northwest apples sailed to India, the Red Delicious variety in particular. However, tariffs have put a crunch on that valuable fruit… Colombian Tahiti lime sales in the US increased by more than 170% Tahiti lime is Colombia’s third most exported fruit. Between January and November, Colombia exported 48,272 tons of Tahiti lime for 76.6 million dollars, registering a 32% and… Winter artichoke season sees abundant volume Strong demand for branded organic apples Fruit breeder undergoes digital transformation Table grape breeder International Fruit Genetics (IFG), which boasts 48 patented table grape varieties and 10 patented sweet cherry varieties, has completed its digital…

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CALIFORNIA, UNITED STATES, January 17, 2023 / EINPresswire.com / — Coherent Market Insights’ latest research report, titled “ Digital Transformation Market In Healthcare : Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2027,” provides a thorough analysis of the market, with meaningful insights, statistics, historical data, industry-validated market information, and predictions based on a reasonable set of assumptions and methodology. Through the identification and analysis of market segments as well as the projection of global market size, the study also contributes to our understanding of the dynamics and structure of the global Digital Transformation Market In Healthcare. The Digital Transformation Market In Healthcare research also looks at how significant businesses compete in terms of their offerings, costs, financial standing, product portfolios, expansion plans, and geographical expansion. The global Digital Transformation In Healthcare Market was valued at US$ 2,632.4 Mn in 2018 and is expected to grow at a CAGR of 13.7% during the forecasted period (2019-2027). ������� � ������ �� ������ ��������� �������� ��� ������������� ������ �������� ��– https://www.coherentmarketinsights.com/insight/request-sample/3172 The goal of the Digital Transformation comprehensive study is to help clients improve their market position, and this research offers a thorough analysis of a number of key market […]

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Nick Herbert is the Global Head of Government Digital Transformation for Fujitsu , enabling a trusted digital society. getty One of the biggest imperatives for any digital government is trust. Ensuring that citizens trust the services they are using is one of the most significant challenges for any government. Trust is the combination of caring, character and competency , often within the context of a shared purpose, such as serving society and maintaining the safety of citizens. I believe that caring and articulating a shared purpose are best evidenced by elected ministers, governors and other officials via their policies and actions. Therefore, if we focus on character and competency, it is logical to argue that any e-government system must be fair, transparent, performant and provide an excellent citizen experience. Gaining citizen trust and building systems that are trusted requires more than just an excellent system that citizens enjoy using. It requires a system that has integrity, is secure and does not expose citizens to potential harm. Data is one of the biggest fuels for a digital government. However, its potential to eradicate trust is equally powerful. If a citizen’s data is lost, corrupted or compromised by a third party, […]

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