Market Watch

Two men behind digital screen In the rapidly evolving landscape of industrial manufacturing (IM), organizations are increasingly recognizing the imperative of digital transformation to enhance operational efficiency, quality control, and sustainability. The KPMG global tech report highlights that industrial manufacturing firms are at the forefront of this transformation, showcasing the highest levels of digital maturity across various technology categories compared to other sectors. This report serves as a critical resource for understanding the current state of digital adoption in industrial manufacturing and the strategic steps necessary for continued advancement. The KPMG research surveyed 2,450 executives from 26 countries and jurisdictions, including 368 leaders from industrial manufacturing. The findings reveal that 76% of IM firms express a strong willingness to embrace cutting- edge technology and the sector excels in AI adoption with 34% of organizations achieving a return on investment (ROI) from multiple AI use cases. However, the report also identifies significant maturity gaps in areas such as supply chain, procurement, and finance functions, which hinder the full realization of digital potential. Multiple recommendations emerge from the report including enhancing data strategies to help ensure seamless integration and analysis across disparate systems, upskilling the workforce and prioritizing the development of […]

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We recently compiled a list of the Blackrock’s 30 Most Important AI Stocks . In this article, we are going to take a look at where Jones Lang LaSalle Incorporated (NYSE:JLL) stands against the other AI stocks. In the third quarter of 2024, investment titan Blackrock released a commentary on the market outlook for artificial intelligence heading into the closing months of the year, stressing that investors were becoming cautious about the scale of AI spending by tech firms and thus diversifying investments into energy, utilities, real estate, and resources tied to AI infrastructure (for more on this click on 30 Most Important AI Stocks According to BlackRock ). Following this warning, in September 2024, BlackRock, in collaboration with Microsoft, Global Infrastructure Partners, and MGX, announced a new AI partnership aimed at investing in data centers and supporting power infrastructure. This initiative was part of a larger strategy by the investment firm to enhance American competitiveness in AI while meeting the growing need for energy infrastructure to power economic growth. The investment giant also expanded product offerings to cater to the growing interest in AI. In October 2024, the firm launched two new exchange-traded funds (ETFs) designed to provide […]

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Majid bin Saad Al-Arifi, spokesman and vice president of Marketing at Elm Elm, a pioneer in digital solutions, signed an MoU with Kidana Development Company, a major developer of the holy sites that is wholly owned by the Royal Commission for Makkah City and Holy Sites. The agreement will bolster joint efforts in the development and operation of digital platforms, as well as deliver consulting services and promote digitization in the holy sites. It will also facilitate inspection and field supervision services to ensure the highest standards of quality and efficiency. The MoU was signed by Mohammad Abdulaziz Alomair, CEO of Elm, and Majed Ahmed Al-Shangiti, executive vice president of human capital and shared services at Kidana, in the presence of key officials from both organizations. As part of the MoU, both entities will coordinate their efforts to achieve mutual goals in areas of shared expertise while leveraging Elm’s electronic solutions, technological systems, and consulting services to drive the digital transformation of the holy sites. Majid bin Saad Al-Arifi, official spokesman and vice president of marketing at Elm, said: “We are honored to collaborate with Kidana, led by a vision to enhance the services offered to pilgrims of Umrah, […]

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Gulf Times The Supreme Judiciary Council is preparing a five-year digital transformation strategy (2025-2030) as part of its efforts to automate the judicial system, in line with Qatar National Vision 2030 and the national initiative to develop justice systems. This initiative aims to build an advanced national judicial system, achieve prompt justice, and strengthen the principle of the rule of law. In a statement on Sunday, the Supreme Judiciary Council explained that the strategy will address the requirements of the next stage and serves as a roadmap for future technical projects. It continues the achievements made by the Council during the 2019-2024 judicial seasons, during which the e-justice sector saw further development and modernization. This includes the launch of 70 electronic services for litigants through the electronic courts portal, as well as 35 services via the mobile application. These services serve as an interface for the electronic judicial system, enabling lawyers, experts, and individuals to interact with the judiciary. They facilitate communicate through the electronic platform for holding trials, issuing judicial notices and announcements to the national addresses, exchanging memoranda electronically, depositing expert reports, receiving judgments, submitting requests, and obtaining decisions. Gulf Times Gulf Times

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Finastra Corporate Banking Forum event. Image Courtesy: Finastra Dubai, UAE – Finastra, a global provider of financial services software applications, hosted its Corporate Banking Forum in Dubai, spotlighting how technologies like artificial intelligence (AI) and end-to-end digitization are transforming the global corporate banking landscape. The event attracted top voices from banking, technology, and fintech, revealing actionable strategies to overcome challenges and capture opportunities in an evolving market. The speakers included leaders from Finastra’s Lending business unit, such as Manish Joshi, Arvind Vairavan, Carlos Teixeira, Manikandan Ganesan, as well as from institutions such as Dubai Future Foundation, CredAble and Microsoft. Key insights from the event include: AI has the power to reshape corporate banking by 2030 Artificial intelligence (AI) could have a significant impact on corporate banking within the next decade, replacing traditional roles with autonomous agents capable of managing transactions, providing real-time financial advice, and enhancing customer experiences. Generative AI (Gen AI) can enable hyper-personalization, allowing banks to offer corporate customers predictive recommendations and tailored insights based on their historic and current data. By 2030, AI is expected to contribute $1.5 trillion to the global economy, potentially driving significant growth and innovation in the financial sector. Unleashing supply chain […]

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Pakistan’s Bold Move: PM Shehbaz Sharif Unveils Vision for Thriving Digital Economy Pakistan’s Bold Move: PM Shehbaz Sharif Unveils Vision for Thriving Digital Economy Islamabad: In a recent statement, Pakistani Prime Minister Shehbaz Sharif has reaffirmed his commitment to establishing a robust digital investment ecosystem in the country. This pledge aligns with global efforts aimed at driving digital foreign direct investment (FDI) into emerging markets, with a specific focus on Pakistan. Table of Contents Pakistan’s Digital Transformation and Economic Growth Digital FDI Initiative Launched by World Economic Forum Pakistan’s Digital FDI-Enabling Project National Digital Commission to Drive Digitization Efforts to Revive Pakistan’s Economy Pakistan’s Role in the Digital Cooperation Organization (DCO) Pakistan’s Digital Transformation and Economic Growth Prime Minister Sharif emphasized Pakistan’s ongoing strides in digital transformation, which are playing a pivotal role in expanding revenues, increasing the workforce, and boosting exports. “We reaffirm our unwavering commitment to cultivating a thriving digital investment ecosystem, paving the way for digital prosperity for all,” he stated. Digital FDI Initiative Launched by World Economic Forum The Digital Foreign Direct Investment (FDI) Initiative, launched by the World Economic Forum and the Digital Cooperation Organization (DCO) in 2022 in Davos, Switzerland, is designed to […]

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Article Open access An-Jin Shie , En-Min Xu , Hongchun Li , Guanghai Yang & Yung-Fu Huang Scientific Reports 15 , Article number: 2446 (2025) Cite this article Metrics Abstract Platform leadership (PL) has been increasing in digital transformation enterprises. This study explores the effects, pathways, and boundary conditions of PL on employee deviant innovation (EDI). In this study, 444 valid questionnaires were collected from ten digital transformation enterprises. Using conservation of resources theory and digital leadership theory, we built a parallel mediation model in which PL influenced EDI through psychological safety (PS) and creative self-efficacy (CSE), and verified the moderating effect of digital leadership (DL). The empirical results are as follows: (1) PL positively impacts EDI. (2) PL positively influences PS and CSE. (3) PS and CSE positively contribute to EDI. (4) PS and CSE mediate the relationship between PL and EDI. (5) DL moderates the relationship between PL and EDI, as well as between CSE and EDI. This study departs from traditional leadership theories by examining a new leadership style, PL, to inspire deviant innovation behavior among employees in digital transformation enterprises. This reveals the influencing mechanisms and provides new theoretical support for leadership and innovation management. […]

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Salesforce and Microsoft express different beliefs about AI strategy Salesforce’s CEO Marc Benioff questions Microsoft over AI strategy and Copilot adoption, while AI agents could surge the enterprise software market The enterprise software industry is having to adapt to AI, particularly as it replaces traditional business applications, yet this change has sparked debate among technology leaders about the future of software platforms, particularly the role of AI agents . The discussion intensified this week as enterprise technology companies outlined divergent strategies for AI integration. These approaches range from Microsoft’s broad deployment of AI assistants across its product suite to Nvidia’s focus on hardware infrastructure development. The contrast however, highlights fundamental questions about how quickly businesses should transition to AI-enhanced systems. At the centre of this debate, Salesforce’s stance reflects broader industry concerns about balancing innovation with practical implementation. Marc Benioff, Chief Executive Officer of Salesforce , has challenged Microsoft ‘s approach to AI integration, particularly regarding its Copilot assistant, which adds AI capabilities to Microsoft’s suite of business applications. Market reality challenges theoretical AI futures Technology companies face a growing divide between immediate market demands and speculative future scenarios. While discussions about artificial general intelligence (AGI) – systems capable […]

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a woman and a man standing onstage with a large screen behind them Author Megan Roberts Positioning and Engagement Specialist, Chief Digital Office, UNDP Digital technologies are playing a crucial role in sustainable development. From AI-enabled health and education tools to digital public infrastructure, they are helping to unlock innovation and improve public service delivery. As digital technologies have become more central to nearly every aspect of life, they have also leapt to the top of policy agendas around the world. This year promises an even busier schedule as policymakers work to forge new commitments and partnerships to ensure digital technologies, including AI, contribute to a more inclusive and sustainable future. 2025 will be a year of several important milestones, including the five-year countdown to 2030, the ‘due date’ for the Sustainable Development Goals (SDGs), and the twentieth anniversary of the World Summit on the Information Society. Events this year will also work to drive progress on implementing the Global Digital Compact (GDC), agreed last year as part of the UN’s Pact for the Future. Besides driving global dialogues on digital development, events this year also offer the opportunity to learn from country experiences on digital transformation and unlock […]

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Digital transformation is at the forefront of an overarching strategy to elevate the customer experience for officials at UnitedHealth Group . “At the core of the company … it’s all about improving the healthcare system for everybody,” CEO Andrew Witty said to investors Thursday (Jan. 16) during the company’s fourth-quarter and full-year earnings call . Witty first pointed to the claims process, where complaints typically involve the amount of time involved. “The overwhelming majority of claims are held up because they were sent to the wrong company or patients didn’t have the right benefits,” he said, pointing to technology as a possible solution. Prioritizing the Customer Experience Witty also said improving the customer experience is a priority. “We’re making breakthroughs in terms of how we’re operating,” he said, noting that mobile app usage was up 66% year over year. At Optum Rx , the pharmacy benefit manager of UnitedHeath, 750 new clients enrolled, representing 1.6 million new American customers, Witty said. Onboarding costs were 33% less due to digital technology. Digital Engagement Key For UnitedHealth Echoing Witty’s digital engagement theme, Chief Technology Officer Sandeep Dadlani noted there were 10% fewer call center calls year-over-year. “Our AI, digital automation and […]

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