Market Watch

CIO chief information officer – Inscription on Green Keyboard Ke Woodcliff Lake-based Powerfleet , Inc. recently named Mike Powell as chief innovation officer. Powell brings extensive expertise in organizations generating annual revenues in excess of $1 billion, covering the landscape of both a CTO and CIO, to focus on advancing both Powerfleet’s customer solutions and internal operations. In his new role Powell will lead Powerfleet’s evolution by integrating internal transformation with cutting-edge customer technologies and continuing to enhance the company’s Unity AIoT ecosystem. “Mike Powell’s appointment marks a pivotal moment as we advance digital transformation for our customers and complete our own,” Steve Towe, CEO of Powerfleet said. “Mike’s breadth of experience in customer-centric innovation, product strategy and technology development, AI, automation, and as a CIO distinguishes him. His leadership will be instrumental in elevating our operations and delivering innovative solutions to our customers.” Frank Friesacher, a key member of the leadership team and chief product officer at Fleet Complete, will now head execution of Powerfleet’s technology roadmap. “I’m honored to join Powerfleet at such a transformative time,” Powell said. “The Unity ecosystem is redefining the AIoT landscape, and I’m eager to drive innovation that delivers groundbreaking capabilities for […]

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Alverton Digital, software transformation specialist, partners with adCAPTCHA, a pioneering provider of bot detection solutions to improve digital security and user engagement, addressing the 42 percent of bots that infiltrate overall web traffic. Software-driven consultancy provider Alverton Digital supports businesses with data flows, digital processes, and software aligning, to deliver the best business outcomes. This collaboration with adCAPTCHA is to ensure results are maintained and to address the 65 percent malicious bots that currently take over web traffic. Alverton’s digital transformation services The alliance leverages adCAPTCHA’s avant bot detection tech to end Alverton’s favors Alverton’s expertise in aligning data flows, digital processes, and software with business goals makes it a natural partner for adCAPTCHA’s innovative, human-first CAPTCHA technology. The partnership leverages adCAPTCHA’s advanced bot detection technology to complement Alverton’s digital transformation services. By integrating adCAPTCHA into Alverton’s portfolio, businesses gain access to a robust security layer that deters automated threats while maintaining intuitive and brand-friendly user interactions. adCAPTCHA’s innovative security solutions Ian Collard, Director at Alverton Digital, commented: “ At Alverton, we are committed to delivering tailored digital transformation solutions that drive efficiency, competitiveness, and exceptional customer experiences. Security is a fundamental part of this vision. Partnering with adCAPTCHA […]

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Press Release Atos Accelerates Banco Mercantil’s Cloud Journey The partnership resulted in the migration of more than 750 virtual machines to Google Cloud in 12 months. São Paulo, Brazil, and Paris, France, January 15, 2025 – Atos, a global leader in digital transformation, was chosen by Banco Mercantil to support its cloud adoption journey through the Google Cloud. The agreement, a five-year term between the bank and Google Cloud, involves an investment of millions of Brazilian reais to migrate all of the bank’s data center servers to the cloud. The project was divided into phases according to the appropriate strategy for each type of workload, aiming to modernize the bank’s operations and optimize its entire technological infrastructure. Banco Mercantil, a financial institution focused on the 50+ demographic, aims for faster application migration and implementation, as well as centralized data security, providing a more efficient and innovative experience for all areas of the institution and its customers throughout Brazil. Currently, its portfolio includes over 8.7 million customers, primarily serving the population aged 50 and over. As one of the most established financial institutions in the country, Banco Mercantil took an important step towards digital transformation and efficiency gains by partnering […]

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Sponsored Computing Transformation isn’t just about emerging technologies—it’s about people, culture, and safety, says digital manager of technology ventures, and innovation at Chevron, Luis Niño. January 15, 2025 In partnership with Infosys Cobalt In the rapidly evolving landscape of digital innovation, staying adaptable isn’t just a strategy—it’s a survival skill. “Everybody has a plan until they get punched in the face,” says Luis Niño, digital manager for technology ventures and innovation at Chevron, quoting Mike Tyson. Drawing from a career that spans IT, HR, and infrastructure operations across the globe, Niño offers a unique perspective on innovation and how organizational microcultures within Chevron shape how digital transformation evolves. Centralized functions prioritize efficiency, relying on tools like AI, data analytics, and scalable system architectures. Meanwhile, business units focus on simplicity and effectiveness, deploying robotics and edge computing to meet site-specific needs and ensure safety. "From a digital transformation standpoint, what I have learned is that you have to tie your technology to what outcomes drive results for both areas, but you have to allow yourself to be flexible, to be nimble, and to understand that change is constant," he says. Central to this transformation is the rise of industrial AI. […]

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image: ©sarayut | iStock As 5G networks prepare to revolutionise digital transformation, discover how they might reshape connectivity and impact industries in unexpected ways The advent of 5G networks marks a significant moment in the domain of digital transformation, promising a new era of connectivity that is faster and more dependable than ever before. As industries brace for the shift, the potential impact spans beyond mere speed enhancements, touching upon vital areas such as the Internet of Things (IoT), virtual and augmented realities, and smart city infrastructure. Yet, while the promise of 5G is clear, its integration raises questions about economic implications, regulatory challenges, and the readiness of current infrastructure to support such advancements. How will these elements shape the future of digital connectivity? Technological breakthroughs with 5G The shift to 5G technology is fundamentally changing the architecture of mobile networks, with companies like Ericsson pioneering open programmable networks. These networks are not only resilient and energy-efficient but also managed through software, allowing for rapid adaptability. The two-directional interaction facilitated by 5G empowers developers and enhances IoT connectivity. Moreover, 5G advances virtual and augmented reality applications and supports the infrastructure for autonomous vehicles and smart cities. Real-world connectivity impacts […]

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Digital Realty’s role in Africa’s emerging digital economy. The future is bright. Credit: Shutterstock/Liu zishan With rich resources like a growing physical infrastructure and subsea cable network, Africa is uniquely positioned to emerge as a leader among today’s developing economies. A key factor in this potential is the improvement of internet connection in Africa, which is central to facilitating the continent’s digital transformation. The African Union commits to growing Africa’s already burgeoning digital economy through The Digital Transformation Strategy for Africa (2020-2030), stating: “Innovations and digitalization are stimulating job creation and contributing to addressing poverty, reducing inequality, facilitating the delivery of goods and services, and contributing to the achievement of Agenda 2063 and the Sustainable Development Goals” 1 Additionally, the continent is young with a median age of 20 years, and experiencing population growth with its 1.4 billion inhabitants making up 15% of the global population. This bodes well for growth in market size, GDP, and a population of digitally fluent consumers. Public and private sector efforts to boost Africa’s digital economy Global public and private institutions recognize Africa’s position as an emerging digital economy on the world stage. For instance, the U.S., European Union (EU), China, and India […]

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Representational Image In the prevailing market scenario of growing competitiveness, continuous disruptions, alternative energy sources and increasing concerns about carbon footprint reduction and sustainability, manufacturing plants are facing multifaceted challenges. Manual processes with limited real-time visibility, and restricted data-driven decision-making not only hinder the ability to achieve competitiveness and adapt to the digital era but also impede progress toward achieving sustainability goals and emission targets. The multi-national spread of our manufacturing plants with varied degrees of digital adoption, complex localization, frugal expectations, and aspects of culture & mindset poses further challenges in uniformly propelling the company forward. A comprehensive digitalization strategy and road map for driving companywide digital transformation for key problems, areas to optimize operational efficiency, ensuring product quality and responding to dynamic market demands is required. Digitalization Sachin Raja, Vice President, BIL Operations, Engineering & PMO Digitalization has reached every aspect of today’s life, and it is here to stay. With the Internet of Things (IoT), the intelligence of the external world is brought to manufacturing plants, enabling them to create new value and making processes smarter and transactions faster. When we talk of manufacturing lines, accuracy is of prime importance. Sample checks or random checks are […]

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Technavio has announced its latest market research report titled Global Digital Transformation Market In Oil And Gas Industry 2025-2029 Global Digital Transformation Market In Oil And Gas Industry 2025-2029 Global Digital Transformation Market In Oil And Gas Industry 2025-2029 NEW YORK, Jan. 11, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global digital transformation market in oil and gas industry size is estimated to grow by USD 56.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 14.5% during the forecast period. Rise in investments and partnerships is driving market growth, with a trend towards use of digital twin technology. However, lack of skilled labor poses a challenge. Key market players include Accenture PLC, Amazon.com Inc., AVEVA Group Plc, Emerson Electric Co., General Electric Co., Halliburton Co., Informatica Inc., Intel Corp., International Business Machines Corp., Microsoft Corp, NVIDIA Corp., Oracle Corp, Rockwell Automation Inc., SAP SE, Siemens AG, Sierra Wireless Inc., Tata Consultancy Services Ltd., Teradata Corp., and TIBCO Software Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Digital Transformation Market In Oil And Gas Industry […]

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Riyadh, Saudi Arabia, Jan. 13, 2025 (GLOBE NEWSWIRE) — SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company specializing in Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that in partnership with its parent company, WISeKey International Holding (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), is scaling its presence in Saudi Arabia to support the Kingdom’s digital transformation and cybersecurity advancements. Through their joint venture, WISeKey Arabia, in collaboration with the Juffali Group, SEALSQ and WISeKey aim to gradually introduce groundbreaking technology innovations tailored to Saudi Arabia’s unique needs. In 2019, WISeKey Arabia, in partnership with the Juffali Group, a leading Saudi business conglomerate, is committed to fostering a secure digital ecosystem in alignment with Vision 2030. The collaboration focuses on providing state-of-the-art solutions, including Public Key Infrastructure (PKI), digital identity management, and IoT security, enhanced with SEALSQ’s quantum-resistant cryptographic technologies. This initiative ensures a robust foundation for Saudi businesses and government entities to thrive in an increasingly digital world. Gradual Deployment of Cutting-Edge Technologies SEALSQ and WISeKey plan to gradually introduce innovative solutions to Saudi Arabia’s technology landscape, including advancements in satellite communication and IoT security through the WISeSat.Space ecosystem. WISeSat.Space, WISeKey’s pioneering low-power, secure satellite solution, […]

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