Market Watch

Lenovo has achieved Leader status in the 2024 Digital Workplace Services PEAK Matrix® Assessment for Mid-Market Enterprises by Everest Group. The recognition highlights Lenovo’s innovative Digital Workplace Solutions , particularly its proprietary Care of One™ platform , which delivers personalized experiences and significant operational improvements. Key benefits of Care of One™ include: 30% enhancement in user experience 30% reduction in end-user support costs 40% proactive issue resolution through Gen AI-powered insights The evaluation framework focused on three dimensions: Market Impact, Vision and Capability, and Client-Centric Approach. Lenovo’s solutions combine managed and professional services with Gen AI-powered tools, complemented by Lenovo TruScale’s as-a-service provisioning to align technology investments with business growth. The company’s recognition demonstrates its success in delivering cost-efficient, transformative solutions for mid-market enterprises. MORRISVILLE, N.C.–(BUSINESS WIRE)– Lenovo has been named a Leader in the 2024 Digital Workplace Services PEAK Matrix® Assessment for Mid-Market Enterprises by Everest Group. This recognition reflects Lenovo’s innovative, customer-centric digital workplace solutions that empower mid-market enterprises to effectively navigate current-day business challenges. Empowering Mid-Market Enterprises with Lenovo’s Digital Workplace Solutions As businesses face increasing demands for cost-efficiency and operational agility, Lenovo’s Digital Workplace Solutions stand out for their ability to deliver personalized, scalable, and […]

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Partial digital transformation creates more complexity than efficiency Half-measures don’t work. Businesses stuck between old-school legacy systems and modern digital solutions aren’t more efficient; they’re more tangled up in complexity. Legacy systems, those aging, rigid software platforms companies rely on, don’t play well with modern, cloud-based solutions . They were never designed for data flow, real-time updates, or AI-driven decision-making. So when businesses attempt to “go digital” by slapping a new interface onto outdated infrastructure, they don’t create efficiency; they create bottlenecks. Instead of reducing work, these disconnected systems demand more manual effort, and staff end up filling in the gaps by transferring data, cross-checking errors, and resolving inconsistencies. It’s not a small issue. McKinsey found that 70% of digital transformation initiatives fail to deliver intended results. That’s a staggering failure rate, and a big part of the problem is this middle ground, companies thinking they’ve modernized when, in reality, they’ve just created more layers of complexity. If the goal is efficiency and agility, half-measures won’t cut it. Businesses need to fully commit or risk falling into the trap of maintaining a system that’s more complicated, not more effective. Half-measures create the illusion of progress while increasing operational burdens […]

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Diana Kearns-Manolatos United States Ahmed Alibage United States Generative artificial intelligence success asks leaders to do more than adopt technology. They need to seamlessly collaborate across data, engineering, and business teams throughout the software development life cycle. Building on our first article in this research series, “ How can organizations engineer quality software in the age of gen AI? ,” where we examined ways to overcome software development life cycle (SDLC) challenges, this piece identifies four engineering obstacles that organizations could address to help enhance data and model quality and fully unlock gen AI’s potential, whether for SDLC use cases or beyond. 1 From the need for clear data architecture to the management of uncontrolled model drift, these challenges underscore the importance of designing robust systems that address AI’s probabilistic nature while fostering trust and consistency. In some ways, AI and gen AI are raising the bar for quality data and changing the software engineering life cycle in ways that can enable the next generation of AI and gen AI–powered applications, such as AI agents. In this second installment, we investigate how organizations can build AI and data environments that address gen AI data integration, privacy, and model accuracy […]

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stc Group will showcase AI, 5G, and IoT solutions at LEAP 2025, driving Saudi Arabia’s digital transformation and unveiling strategic partnerships. stc Group, a leading digital enabler, will be showcasing its innovative digital solutions as a strategic partner of LEAP 2025, the world’s most attended tech event. Taking place between 9-12 February at the Riyadh Exhibition and Convention Center​, attendees can witness how stc Group is powering Saudi Arabia’s key industries and upcoming developments with cutting-edge technology. Now in its fourth year, LEAP is bringing together over 600 start-ups, 1,000 speakers, and over 1,800 exhibitors from around the world to explore the future of global digital advancement and innovation under the theme, “Into New Worlds”. This theme aligns with stc Group’s mission to drive technological advancement and expand the impact of its digital solutions to customers, businesses, and communities around the world. stc Group’s role at LEAP is more than showcasing technology; it’s about leading the dialogue on what’s next in digital innovation across industries. stc Group will present its comprehensive portfolio of digital solutions and innovations, spanning AI, healthcare, logistics, tourism, and smart communities. stc Group’s showcases will underscore the Group’s pivotal role in addressing global challenges—such as […]

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Rodney Zemmel, Global Leader McKinsey Digital at McKinsey & Company As AI reshapes business, McKinsey Global Digital Lead Rodney Zemmel reveals how the consultancy is transforming itself and its clients through technology Business leaders face pressure to integrate AI into their organisations while maintaining growth and managing costs. As companies navigate this transition, McKinsey & Company, the global management consultancy, has undertaken its own transformation through AI adoption. The integration of generative AI (Gen AI) – machine learning models that can create text, code and other content – marks a significant change in how businesses operate. While many organisations run pilot projects, fewer have achieved broad implementation of AI across their operations. In this interview, Rodney Zemmel, Global Leader of McKinsey Digital, discusses how organisations can move beyond pilot projects to achieve measurable returns from AI investment. Could you tell us about your role at McKinsey Digital? I have two main roles. My day job is leading McKinsey Digital, which focuses on three key areas: transforming client organisations through AI, modernising core technology, and building new digital businesses. My night job, as I like to call it, is rewiring McKinsey itself – essentially applying that same AI transformation expertise […]

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Dak Dillon | NewscastStudio Cloud adoption and streaming technology investments lead broadcast industry priorities, while concerns about artificial intelligence and workflow challenges persist, according to NewscastStudio’s annual industry survey. The survey gathered responses from 312 broadcast and media professionals. Among respondents, 30% make final purchasing decisions, while 52% contribute to product research and specifications. Sixty-seven percent identify as long-term NewscastStudio readers, having followed the publication for over a year. Click here to read more.

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Finxact will provide FirstRand Group with improved data to drive its digital transformation. Credit: MacroEcon/Shutterstock. South African financial services provider FirstRand Group has chosen Fiserv ‘s cloud-based banking platform, Finxact. Finxact will provide FirstRand Group with improved data to drive its digital transformation, supporting the wider innovation efforts and growth goals of its customer divisions, First National Bank ( FNB ) and Rand Merchant Bank (RMB). FirstRand chief digital officer Kevin Mitchell said: “As customer expectations evolve, Finxact provides a modern, flexible system that enables greater innovation and the ability to deliver personalised solutions at speed. “After evaluating multiple options, we found that Finxact stood out as the preferred platform to deliver this level of agility and support the evolving needs of the business.” Fiserv stated that its Finxact platform will offer the capability to develop “modern”, “flexible”, and tailored digital banking experiences. It described Finxact as a transaction processing engine that supports all asset classes, currencies, and time zones. How well do you really know your competitors? Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge. Company Profile – free sample Not ready to buy yet? Download a […]

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Energy and Utilities Technology will help upstream companies thrive by giving them the ability to reimagine operating models with shared resource pools, vendor flexibility, and maintenance campaigns. [Image credit: Tyler Stableford / Getty Images] Take advantage of opportunities for each key sub-sector to adapt and thrive. […] This is an abstract of the document. To keep reading, click here and get access to the original version. Attachments Original document Permalink Disclaimer Salesforce Inc. published this content on February 07, 2025 , and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on February 07, 2025 at 18:41:07.053 .

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In 2025, the tax space of Dіia.City will be expanded to attract venture funds, science parks, R&D, and technical testing. This was announced by Vice Prime Minister for Innovation, Education, Science, and Technology, and Minister of Digital Transformation, Mykhailo Fedorov, during an event marking the third anniversary of Dіia.City. “We have an ambition to create the best conditions for opening venture funds in Ukraine. That’s why we are working on the Dія.City Invest project. We need to think about how to attract investments for reconstruction, and we must create the right, easy conditions for venture investments. Currently, our biggest angel investor is the Innovation Development Fund, which is state-run, and that’s not right—there should be private venture funds. The Dіia.City Invest subproject will allow us to do that,” Fedorov said. In collaboration with the Ministry of Education, work is also ongoing on the Science City project, which will integrate science parks into Dія.City and have a positive impact on the development of high-tech industries in the Ukrainian economy. “And of course, we are expanding the range of activities. We plan to propose changes to the law soon, adding R&D and technical testing as activities. We see a large number […]

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Editor’s note: In the fast-paced world of B2B ecommerce, purchasing managers and their teams have ambitious goals. They seek a seamless, digitally driven omnichannel experience — a challenging feat for many manufacturers and distributors. But Parts Town, a leading distributor of foodservice equipment parts, has cracked the code. The company supplies components for commercial cooking, refrigeration, ice, and beverage systems. And it generates approximately $2 billion in ecommerce revenue — about 70% of its total sales. Miron Washington, chief digital officer, Parts Town Digital Commerce 360 B2B recently spoke with Parts Town’s chief digital officer, Miron Washington, chief information officer, Jamie Head, and senior vice president of ecommerce, Paul Hancox. The discussion explored how ecommerce remains a key growth driver for Parts Town. It also discusses what it takes to successfully navigate digital transformation. In part two of our Q&A series, we delve into how Parts Town prioritizes digital transformation through initiatives such as improving supply chain visibility and enhancing product data management. The following is the second of a two-part Q&A with Parts Town executives about ecommerce and digital transformation. Favorite

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