Market Watch

Age of disruption: Business leaders must manage through short-term crises, while monitoring long-term trends. The Big Picture Crowdsource Innovation Business leaders must manage through a proliferation of shorter-term crises while keeping an eye on the longer-term forces shaping the future. How should we focus our all-too-finite resources of capital and time? In the 4th annual AlixPartners Disruption Index , 85% of CEOs say it has become increasingly difficult to know where to start. But a sector of companies is outpacing their competitors through bold action, increasing their recession readiness while positioning for near-term opportunities. The world keeps getting more complex. We all feel it every day, as longer-term structural changes remake our economies, societies and day-to-day lives. A lingering pandemic, the war in Ukraine, inflation, abruptly lower demand, energy shortages, extreme weather events, refugee crises and other catastrophes demand our immediate and close attention. At the same time, new technologies are reshaping how we work and live, populations are ageing, the post-Cold War order is fracturing, and the earth is warming. None of these challenges exists in isolation. They form a complex and interrelated network of feedback loops and amplification. To look at just one example, climate change has […]

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I am a digital consultant, and Arup’s global digital twin programme manager, based in the Netherlands. I focus on helping clients leverage the use of digital twin technology to tackle complex built environment issues such as climate adaptation and net zero. I bring vast experience in digital transformation and digital engineering programmes and have been involved in a wide range of digital twin and digital asset management projects in the built environment. Before joining Arup, I advised clients in the development of digital twins and digital solutions within the energy, manufacturing, and construction industry. I studied civil engineering and construction management and I have a passion for understanding and embedding emerging technologies in the built environment to achieve organisational goals and sustainability ambitions. Connect with me on LinkedIn

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Professor Martin Curley The HSE’s head of digital transformation, Professor Martin Curley, has resigned. Prof Martin Curley tendered his resignation to the HSE as head of Digital Transformation and Open Innovation. He announced his resignation on LinkedIn this morning, writing: “We have called off this particular ascent on Everest. Bad weather prognosis and supply chain and funding blockages. 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 “We have found a more promising alternative route, with a much more well situated and welcoming base camp. We have a great group of climbers and committed expedition sponsors and a great supply chain. We can move fast and be mobile. Success is not guaranteed but we are optimistic.” Prof Curley concluded his post by saying: “Hasta La Vista Baby!” followed by a number of hashtags, including #digitalhealthforall, #venividivici, #semperfidelis, and in capitals: #NIL ILLEGITIMI CARBORUNDUM, the last of which translates from mock Latin as: ‘Don’t let the bastards grind you down’. Prior to serving as digital transformation chief since 2018, Prof Curley was appointed […]

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WASHINGTON, DC — The past year has been challenging for Africa. After a hopeful 2021, during which the continent-wide GDP increased by nearly 7 per cent and every region experienced real growth, the economy slowed in 2022 amid rising inflation, monetary tightening and geopolitical tensions. But it was also a year when African countries were finally able to make their voices heard on the global stage. At the start of another critical year, with the continent’s GDP projected to increase at a relatively modest pace of 4.1 per cent, governments can take several steps to boost economic activity and ensure a sustainable future. For starters, policymakers must foster trade and investment through the African Continental Free Trade Area (AfCFTA). Under a fully implemented AfCFTA, Africa’s combined consumer and business spending is expected to reach $6.7 trillion by 2030 and $16.12 trillion by 2050, transforming value chains and potentially reducing poverty across the continent. Eight countries, Cameroon, Egypt, Ghana, Kenya, Mauritius, Rwanda, Tanzania and Tunisia, began trading under AfCFTA’s Guided Trade Initiative last year. To build on this momentum in 2023, policymakers must accelerate the implementation of the agreement’s next phases, improve intra-African coordination, and call attention to early successes. […]

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The Metaverse is being touted as the next iteration of the internet, supporting ongoing online 3D virtual environments where virtual experiences, real-time 3D content and other related media are connected and accessible through VR/AR, as well as through classic devices such as PC or mobile. It’s essentially an immersive Web3 internet – Web3 being the idea of a new kind of internet services that is built using decentralised blockchain. With this new technology, users can meet in virtual spaces, represent themselves as avatars and share virtual objects.. Gartner predicts that by 2026 a quarter of people will spend at least an hour a day in the metaverse for work, shopping, education, social or entertainment. And 30% of organisations will have products and services delivered via the metaverse. However, despite the predictions, a recent YouGov survey revealed that just 37% of UK adults claim to be confident about describing the metaverse to others. Therefore, organisations who want to dip their toes in the turbulent waters of the metaverse need to understand the opportunities to help chart their way. At Reply, we see the emergence of the metaverse taking place within three distinct types of experiences which have evolved in the […]

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Pune, Jan. 16, 2023 (GLOBE NEWSWIRE) — Ride-Sharing Market is estimated to reach USD 305.43 Billion by 2029, up from USD 85.8 Billion in 2021, at a compound annual growth rate (CAGR) of 17.2 %, states Maximize Market Research. Ride-Sharing Market Scope and Research Methodology: The report presents a comprehensive analysis of the global ride sharing market to the stakeholders who want to invest in the market. The report includes past and current scenarios of the ride sharing market with the forecasted market size. The report covers all the aspects of the market with a thorough study of key players that include market leaders, followers, and new entrants. The research study is provided by using an in-depth analysis of the market insights, facts, historical data, and industry-validated market statistics. These estimates are based on an appropriate set of assumptions and methodologies. The bottom-up approach has been used to collect the data and analyze the market to figure out the market size by volume and value by mentioned segments. Major key players in the ride sharing market are identified through secondary research and their market revenues are determined through a study of the top manufacturers’ annual and financial reports, interviews […]

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In today’s world, cyber security has become synonymous with information technology. During Covid-19, the world witnessed an increase in cyber attacks and a remarkable enhancement in the sophistication of the attack vectors. In today’s world, cyber security has become synonymous with information technology. During Covid-19, the world witnessed an increase in cyber attacks and a remarkable enhancement in the sophistication of the attack vectors. Post the Covid-19 pandemic, cyber security has emerged as a key area of focus in government and private sectors. With the success of ‘ Digital India ‘, India has heralded a new era in digital governance. India has come a long way in digitisation – from the era of cumbersome physical forms and long queues at government offices to availing the same services from the comfort of people’s homes with just a few clicks on their mobile screen. Today, e-governance service delivery is getting simpler. However, this transition has caused difficulty to cyber security teams as they need to continuously navigate the ever-evolving landscape of this volatile arena to ensure the security of citizen data. Cyber Security for Govt By holding the data of over 1 billion people across various platforms, the Government ICT infrastructure […]

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Having enacted major reforms of North Carolina’s tax code, regulatory system, budgeting process, transportation funding, and education system over the past dozen years, what should the General Assembly do next? Phil Berger wants to double down on the legislature’s impressive record of conservative policy innovation. “We must build on that success so future generations of North Carolinians can reach even greater heights,” Berger said after his reelection as Senate President Pro Tem on January 11. “We must provide them with the tools needed to determine their future — from a world-class education to finding a good-paying job in a career of their choice, or to the freedom and opportunity to open their own business.” After his own reelection as Speaker of the House, Tim Moore described a similar vision . “Some of you represent communities where the population is going gangbusters, but others represent areas that are not seeing so much growth,” he told his colleagues. “Some of our challenges, as we move forward this year and enact policies, we will do all we can to make sure that the North Carolina dream of growing and moving forward is one that is enjoyed by everyone around this state.” My […]

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A comprehensive plan designed to help the UK meet its main climate change target and realise economic growth at the same time has been outlined by a former UK government minister. Chris Skidmore MP was commissioned to lead a review the UK government’s approach to delivering its net zero target – of reducing UK greenhouse gas emissions to 1990 levels by 2050 – in September last year. He published his report (340-page / 6.6MB PDF) following the end of the review on Friday. The US Inflation Reduction Act and UK Skidmore recommendations perhaps signal that policymakers are now aligning more behind the ‘carrot’ approach as governments focus on industrial policy and bilateral intervention and financial support to accelerate change In his report, Skidmore said that net zero is “the growth opportunity of the 21 st century” but warned that while “the benefits of net zero will outweigh the costs”, work is needed to secure the benefits and minimise costs associated with the transition to a net zero economy – and that speedy action is required. “We must quickly take the decisions we know we have to. This is how we will achieve net zero in a more affordable and […]

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Bill Gates answered questions relating to the climate, the future, and his billion-dollar fortune during an ask-me-anything Reddit session on January 11, 2023. Bill Gates was asked his opinion on the climate and plant-based diets during his annual Reddit AMA. Gates said he backed several fake meat companies, despite predicting many people won’t opt to be vegan. "I think eventually these products will be very good even though their share is small today," Gates said. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly 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 . Microsoft co-founder and philanthropist Bill Gates weighed in on the future of meat alternatives during his annual Ask Me Anything session on Reddit. The 67-year-old billionaire fielded questions about a variety of topics from Redditors, including the climate and veganism, prompting Gate to share his optimism about plant-based meats. "There are companies […]

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