Interoperability’s Role in Creating a Successful Digital Transformation Strategy

Interoperability’s Role in Creating a Successful Digital Transformation Strategy

Butterfly looking over cocoons. The Gist Key to digital agility. Interoperability is essential for businesses aiming to remain agile by integrating flexible, composable technologies across digital ecosystems. Driving AI integration. Interoperability is the backbone of incorporating innovations like generative AI into existing systems. Incremental implementation. Achieving interoperability doesn’t require an overhaul. Businesses can adopt it gradually by integrating compatible technologies over time. At the heart of any digital transformation is the immediate desire to create a more agile, and efficient enterprise system, but companies also must make sure future-proof standards are in place. Think of it this way. Would an engineer design a race car to drive one lap? No, that car would be built to last for the long haul, with an ability to accept upgrades and new parts over time. When it comes to developing a digital transformation journey , interoperability is a key piece of the puzzle. More than just a technical consideration, achieving interoperability within an organization’s technology framework is a way to implement adaptable technology, develop a culture of experimentation and deliver a more efficient digital strategy. Table of Contents Optimizing Digital Strategies with Interoperability Use the Power of Generative AI With Interoperability Implement […]

VanEck Seeks SEC Nod for ‘Onchain Economy ETF’ Focusing on Crypto Infrastructure

VanEck Seeks SEC Nod for ‘Onchain Economy ETF’ Focusing on Crypto Infrastructure

Ethereum 22,000 VanEck, a major fund manager overseeing over $118 billion in assets, has filed a registration statement with the Securities and Exchange Commission (SEC) for a new exchange-traded fund (ETF) focused on the burgeoning digital asset economy. The proposed “Onchain Economy ETF,” is seeking to trade under the ticker symbol NODE, and will not invest directly in cryptocurrencies but instead will provide exposure through companies and investment vehicles linked to the digital asset ecosystem . Digital Transformation Companies According to the preliminary prospectus filed with the SEC on January 15, 2025 , the ETF will allocate at least 80% of its net assets to “Digital Transformation Companies” and “Digital Asset Instruments.” This includes companies that operate crypto exchanges, payment gateways that authorize direct payment processing, and those involved in or assisting with digital asset mining. The ETF will also invest in companies providing software services, equipment, and technology, as well as energy and data infrastructure for digital asset operations, as well as companies that facilitate commerce with the use of digital assets. VanEck defines “Digital Transformation Companies” as those that operate or assist with “digital asset projects” or those that own a “material amount” of digital assets. The […]

Marlink Drives Savings & Digital Transformation with Remote Installation

Marlink Drives Savings & Digital Transformation with Remote Installation

Maritime customers can save time, lower carbon footprint and improve safety by reducing onboard physical intervention Published Jan 16, 2025 7:50 AM by The Maritime Executive [By: Marlink] Marlink , a leader in managed services for business-critical IT solutions, has reported a more than 350% increase in remote service installations in 2024 compared to 2023. More than 900 remote installations were completed by the end of 2024, compared to just above 200 in 2023. Marlink data show that customer installations increased during the year while integrations by Marlink and its field service partners remained relatively flat. Key benefits for shipowners include: Lower costs and time saving. Preparing the elements for installation in advance means lower overall costs and optimised operations, keeping the vessel connected and in compliance. Easier Installation. Simplified installation of LEO and Cyber solutions alongside existing VSAT, safety and network management services made possible for crew, including integration into onboard network. Enhanced Support. Marlink has formed a dedicated field remote support team to provide the tools and guidance needed to help crews before, during and after the installation. Positive ESG impact. Using remote installation means Marlink can reduce the carbon footprint associated with travel of personnel to […]

GenAI Urges A Shift From Digital Transformation To Business Transformation

GenAI Urges A Shift From Digital Transformation To Business Transformation

Close-up Portrait of Software Engineer Working on Computer, Line of Code Reflecting in Glasses. … [+] A new breed of AI-first companies are reimagining how businesses work, creating a gap between more traditional and risk-averse companies. 2025 is the year all companies need to get serious about generative AI and AI-first business transformation. With 89% of aspiring CEOs ranking genAI and AI as a top-three tech priority in 2024 and 85% of ambitious leaders saying they will increase technology spending to increase competitiveness, it would seem that AI-led business transformation might pick up where the short-comings of digital transformation left off. Yet, 90% of more traditional leaders are cautious , limiting experimentation and waiting for genAI to move beyond the hype. This may accelerate a competitiveness gap between AI-inspired companies and everyone else. Already, there are two separate camps in how large enterprises approach generative AI investments. Beyond the basics, one group is more enterprising, exploring ways generative AI influences business and operating model transformation. These fast movers recognize AI as an investment in competitiveness and innovation. The other group is taking a more observational and cautioned approach, evaluating where genAI can make incremental improvements in business-as-usual before considering […]

Guidehouse Welcomes Stuart Brown to Lead Digital Business

Guidehouse Welcomes Stuart Brown to Lead Digital Business

Renowned growth strategist and technologist to drive innovation and digital transformation MCLEAN, Va., Jan. 16, 2025 /PRNewswire/ — Guidehouse, a global consultancy providing advisory, digital, and managed services to the commercial and public sectors, is pleased to announce the appointment of Stuart Brown as the new leader of its Digital business. Brown, a celebrated technologist and thought leader, brings over 25 years of transformative leadership experience across diverse industries to Guidehouse. Guidehouse Logo (PRNewsfoto/Guidehouse) A versatile strategist and visionary, Brown has a proven history of delivering complex and large-scale business transformation initiatives. His career highlights include the implementation of advanced customer service technology platforms, navigating organizational transitions in deregulated industries, driving major divestitures, and orchestrating pioneering cloud transformations. "We are thrilled to welcome Stuart to Guidehouse to lead our global Digital business," said Scott McIntyre, CEO of Guidehouse. "His exceptional technical expertise and forward-thinking approach will be instrumental as we continue to deliver innovative digital solutions that empower our clients to thrive amid change while achieving business outcomes." As the head of Guidehouse Digital, Brown will oversee the firm’s expanding portfolio of digital services to deliver transformational change for the firm’s global client base. He will focus on integrating […]

Top Trends Shaping the Future of Digital Engineering in 2025

Top Trends Shaping the Future of Digital Engineering in 2025

Top Trends Shaping the Future of Digital Engineering in 2025 “ The future of digital engineering is shaped by cutting-edge trends, including AI-driven solutions, digital twin applications , and cloud-based engineering. Emerging technologies in engineering like automation, smart practices, and sustainability are redefining industry innovations. Explore how engineering leaders are adopting advancements to revolutionise design, operations, and efficiency in 2025. ” Digital engineering is fundamentally transforming modern industries, creating unprecedented opportunities for innovation and operational excellence. As organisations navigate through digital transformation initiatives, the convergence of advanced technologies is reshaping engineering practices, methodologies, and outcomes. This transformation is particularly significant for enterprises seeking to maintain competitive advantages in an increasingly digital-first world. The space of digital engineering is experiencing rapid evolution, driven by technological advancements and changing market demands. As we approach 2025, several key trends are emerging that will define the future of engineering practices. These developments are not merely incremental improvements but represent substantial shifts in how engineering solutions are conceptualised, developed, and implemented across industries. Generative AI: Redefining Engineering Design Parameters Generative AI is transforming engineering design processes by introducing sophisticated algorithms that can analyse vast datasets and generate optimal design solutions. The technology’s capability to […]

UNI-PIPC Launches in Philippine to Drive Digital Transformation in Southeast Asia

UNI-PIPC Launches in Philippine to Drive Digital Transformation in Southeast Asia

MANILA, Philippines, Jan. 14, 2025 /PRNewswire/ — UNI-PIPC (UNI-President Information Philippines Corp.), a new IT solutions provider and subsidiary of Uni-President Group., today announced its official launch to spearhead digital transformation across Southeast Asia. Leveraging its parent group’s strong presence operating 7-ELEVEN in Taiwan and the Philippines, UNI-PIPC aim to deliver advanced technology solutions to businesses in the region. Continue Reading UNI-PIPC launches in Philippines to Drive Digital Transformation in the Southeast Asia UNI-PIPC will focus on providing comprehensive IT services, including system development, AI-powered retail solutions, infrastructure services, and data sciences, primarily to the retail, logistics, and food service sectors. The company will play a vital role in supporting 7-ELEVEN’s expansion in the Philippines by facilitating technological upgrades and system integration across its 4,130 stores. This includes implementing logistics, warehousing, retail, distribution, and financial accounting systems. "We are excited to launch UNI-PIPC and bring our expertise to the dynamic Southeast Asian market," stated President Information Corp (PIC). "Our goal is to become the leading technology partner for businesses in the region, empowering them with innovative solutions to optimize their operations and enhance customer experiences." UNI-PIPC will establish an Innovation Accelerator Platform to nurture startups, provide access to talent […]

Versana Launches New Reconciliation Module, Advancing the Digital Transformation of the Corporate Loan Market

Versana Launches New Reconciliation Module, Advancing the Digital Transformation of the Corporate Loan Market

Agents and Lenders Benefit from Significant Operational Efficiencies and Scalability NEW YORK, Jan. 14, 2025 /PRNewswire/ — Versana today announced the launch of its leading-edge reconciliation solution, an add-on module to its centralized digital data platform. This major advancement leverages the power of the company’s growing pool of corporate loan data by electronically matching lenders’ positions to agents’ golden-source data at any point in time. This game-changing tool optimizes workflows and reduces data inconsistencies and costs. The $8 trillion corporate loan market still relies heavily on legacy communication methods and text conversion technologies, resulting in material timing differences in transaction data across lenders and service providers. Further, the majority of cash flow mismatches from agents to lenders result from position discrepancies. The Versana Reconciliation Module (VRM) solves this longtime challenge by providing quick identification and resolution of position breaks against agents’ records. Moreover, a unique benefit includes the display of each digital transaction notice causing such differences, greatly improving transparency and accuracy to facilitate straight-through processing. "Today’s launch of our Versana Reconciliation Module is the tipping point in our mission to digitally transform the corporate loan market. By leveraging our real-time digital data platform, we are uniquely able to […]

How AI vendor ASAPP cured its dashboard sprawl

How AI vendor ASAPP cured its dashboard sprawl

Dashboard sprawl was an unfortunate side-effect of running a popular AI-powered messaging service, ASAPP found. (Image: Shutterstock) Observability is critical in a modern technology stack. Engineers need to know exactly what is happening and when, not only to allow expeditious troubleshooting but also so they can spot and act on any anomalies in production systems before they spiral into a catastrophe. As such, even with seemingly every technology product under the sun now boasting some AI capability, it’s still important to have a human in the loop to identify any problems that emerge and decide what needs to be done about them. But humans are complex, too, and it can be difficult for leaders to ensure everyone is seeing the same thing. That was the problem facing ASAPP , a New York-based software firm which offers an AI-based messaging platform for customer contact centres. Its flagship product, ‘GenerativeAgent,’ uses generative AI to interact with end users while retaining that human in the loop to oversee multiple conversations and provide any context or answers the model cannot. That makes for a fairly complex stack, explains ASAPP staff site reliability engineer Pato Arvizu. “You’re talking to an LLM,” says Arvizu, “but […]

Send Technology Solutions Joins WSIA to expand US presence

Send Technology Solutions Joins WSIA to expand US presence

It aims to support digital transformation in specialty insurance Insurance News Jan 14, 2025 Share Send Technology Solutions Ltd, a UK-based insurtech firm, has joined the Wholesale and Specialty Insurance Association ( WSIA ), a trade group representing insurers, brokers, and underwriters in the wholesale and specialty insurance market in the United States. The company said that it views this membership as a means to deepen its engagement with the US insurance sector and better understand the challenges facing underwriters in the market. WSIA provides its members with resources to enhance their competitive standing in the insurance industry, offering tools, training, and opportunities to engage with evolving digital trends. Send announced plans to contribute to this mission, focusing on solutions that align with WSIA’s emphasis on digital transformation in the US market. Andy Moss (pictured above), Send’s CEO and co-founder, expressed the company’s enthusiasm for joining the association. “WSIA is positioned as the only association serving the entirety of the wholesale, specialty and surplus lines industry. We’re keen to take every opportunity to learn from the market and continue to tailor our Underwriting Workbench to directly meet the needs of our customers,” Moss said. Send also announced plans to […]