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Lalit Mehta Decimal Technologies With fast technological progress, companies have now started to utilise low-code and no-code tools to speed up their digital changes. These tools make the software development process easier and faster, enabling businesses to build applications quickly and efficiently without needing highly skilled programmers. This transformation is critical now when speed and agility are essential for a company’s competitive advantage. Low-code and no-code solutions are growing to meet the never-ending need for digital tools in virtually every sector. These days, developing applications the traditional way is quite a lengthy and expensive process due to the requirement for knowledge or expertise in a specific programming language. Low-code apps facilitate an excellent deal of intricacy by providing an interface that allows both expert and novice users to create applications aided by visual elements, drag-and-drop functions, and already-made components. No-code apps take this a step further by spelling the end of programming, thus allowing business users to develop solutions that can satisfy their precise needs. A crucial cause for the growth of such platforms is the growing scarcity of trained developers. Companies that want to increase their digital activities have the challenge of finding and employing experienced developers. This […]

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The Indian pharma industry is at a juncture where digital transformation is sweeping the healthcare landscape. The author is Nilesh Gupta, Managing Director, Lupin One of the founders of the Indian pharma industry, my father D.B. Gupta, started Lupin over 55 years ago with the belief that no one should be left without the quality care they deserve. His passion led to the creation of Lupin, a company that provides healthcare to millions of patients and exists for people, not just profits. However, it is five decades later that we now have tools to truly deliver on the purpose of delivering quality healthcare to every patient globally-irrespective of age, background, geography or economic strata. You see so many instances of what will be the standard of care tomorrow already in use today-AI algorithms today diagnose diseases such as cancer with accuracy; pills embedded with sensors used to share real-time data; AI tools detect anomalies in X-rays and MRIs more accurately than traditional methods. This juncture that the healthcare industry stands at today, is both inspiring and empowering, with digital transformation sweeping the landscape. At the heart of this is one promise-delivering true personalised care. The need of the hour […]

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No high-performing mobile networks, no advanced digitalization … The Big Picture Explore and monitor how Digital Communications is affecting economies, industries and global issues Stay up to date: Digital Communications This article is part of: World Economic Forum Annual Meeting 5G advanced connectivity is paramount for facilitating other pillars of digital transformation. Open programmable networks allow two-directional interaction that will liberate developers to experiment and innovate. As the US, India, and China are leading progress on 5G, Europe risks being left behind. We are on the verge of a seismic shift, as enterprises and the public sector embrace full digital transformation. And with that shift comes a simple truth: No high-performing mobile connectivity, no advanced digitalization. We see three major, interdependent cross-industry trends accelerating over the next five to 10 years: electrification, automation, and digitalization. Realizing the potential of these trends depends on three connected technologies: mobile, cloud, and AI. Working together, these technologies will boost efficiency and productivity, while also enabling digital, user-friendly services, immersive experiences, and more sustainable solutions. Have you read? Why 5G fixed wireless access is integral to bridging the digital divide How 5G’s innovation potential will lift digitalization to the next level More than […]

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National Assembly Chairman Tran Thanh Man addresses the national conference on breakthroughs in developing science, technology, innovation, and national digital transformation on January 13. (Photo: VNA) Zalo Facebook Twitter Print Copy link Hanoi (VNA) – National Assembly (NA) Chairman Tran Thanh Man clarified policies and institutional solutions for improve legal frameworks for the development of science, technology, innovation, and national digital transformation a national conference on January 13. The top legislator highlighted the Party and State’s policies and laws aiming to boost the growth of science, technology, innovation and digital transformation, adding that since the beginning of the 15th tenure, the NA adopted eight relevant laws. Notably, 29 laws and 41 resolutions passed at the NA’s 7th and 8th sessions have addressed urgent practical issues, including the establishment of digital databases as well as regulations and policies supporting science, technology, and digital transformation. He assessed that the current legal framework has established numerous mechanisms and policies to encourage investment, finance, and human resources development in the fields of science, technology, innovation, and digital transformation. This is evident in the Science and Technology Law (2013), the Small and Medium-Sized Enterprises Support Law (2017), the Education Law (2019), the Investment Law […]

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Prime Minister Phạm Minh Chính presents the Government’s action plan to implement the Politburo’s Resolution 57 on developing breakthroughs in science, technology, innovation and the national digital transformation at a conference on Monday in Hà Nội. — VNA/VNS Photo Phương Hoa HÀ NỘI — The Government will create special policies and mechanisms on naturalisation, land and housing ownership, income, visas and work permits in a bid to attract Vietnamese scientists and experts living abroad, as well as foreign professionals, to work in Việt Nam. These professionals will serve as ‘chief architects’ in organising, managing and implementing national key projects, programmes and tasks, Prime Minister Phạm Minh Chính said at a national conference held on Monday in Hà Nội. Attracting leading scientists is one of the Government’s plans to implement the Politburo’s Resolution 57 on developing breakthroughs in science, technology, innovation and the national digital transformation, Chính said at the conference on the ‘strategic’ and ‘pivotal’ resolution. "Resolution 57 carries exceptional importance, serving as a guiding compass for development in a new era of prosperity, civilisation and global prominence. It is also a powerful call to action for Việt Nam to become a developed, high-income nation with global competitiveness," the […]

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The Lloyd’s building, London. Credit: https://unsplash.com/@diklein Lloyd’s of London’s CEO John Neal is leaving the insurance marketplace this year – and it’s rattled some members as a consortium continues with a “thorny” mission to ditch mainframes and paper processes under a troubled and delayed “Blueprint 2” digital transformation programme. The insurance marketplace has promised to publish a “heritage services exit plan” by this February – late last year it stripped back a group testing the delivery of new digital services to just four brokers and four carriers. An initial “go live” target of October 2024 for a new digital system meanwhile has been delayed, with “target dates” swapped for “target phases.” Under the overhaul, all insurance brokers will need to adopt new Digital Processing Services (DPS) to continue trading in the market. This post is for subscribers only Subscribe Already have an account? Sign In

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By Aaron Patrick, Head of Accounts, Boffix As the pace of digital transformation grows, small and medium-sized businesses are grappling with both unprecedented challenges and opportunities. From navigating economic uncertainty to meeting evolving customer expectations, the ability to adapt quickly has never been more critical. Technology is at the heart of this transformation, with financial management systems (FMS) emerging as essential tools for enhancing efficiency and resilience. Yet, despite the clear benefits, many SMEs remain hesitant to adopt these solutions. The 2024 Intuit QuickBooks Accountant Technology Survey underscores this urgency by revealing a striking contrast: despite a significant share (63%) of respondents weighing clients’ use of technology in assessing whether they’d be a good fit for their business, half of SMEs are still not utilising FMS. This reluctance persists even though 82% of businesses recognise that those leveraging FMS are better equipped to weather economic storms. By championing the adoption of digital tools like accounting software, accountants can play a pivotal role in helping SMEs harness technology to secure their future. There are some practical strategies for SMEs that I’ve used to help them get tech savvy, such as offering demonstrations and providing tailored solutions for certain sectors. I […]

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Michael Hill Forrester, Amazon Business, WEF – PEX Network PEX Network ’s weekly news bulletin rounds up the latest research, reports and publications in operational excellence (OPEX), digital transformation, artificial intelligence (AI) and automation, business process management (BPM), process mining and process intelligence and more. This week includes : Businesses increasingly adopting process intelligence tools AI still a “novelty” for UK Ministry of Defence Digital transformation, AI & data analytics revolutionize procurement processes Process mining’s transformative impact on manufacturing efficiency Almost half of businesses plan AI-driven workforce cuts by 2030 Don’t miss any news, updates or insider tips from PEX Network by getting them delivered to your inbox. Sign up to our newsletter and join our community of experts. Businesses increasingly adopting process intelligence tools Research and analyst giant Forrester published The State Of Process Intelligence, 2024 report , examining the current landscape of process intelligence tools. The firm analyzed around 2,000 survey responses from technology leaders across industries, geographies and company sizes. It found that organizations are increasingly adopting process intelligence technology to improve their processes with many using federated models and centralized centers of excellence for efficiency. Businesses reflected a preference for embedded offerings but skill shortages […]

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Above: The cover of the Digital Transformation Ministry’s strategy document. BitDepth#1493 for January 13, 2025 The Ministry of Digital Transformation (MDT) published its National Digital Transformation Strategy for 2024 – 2027 and it is, in a word, an embarrassment. Listen to Mark read "Concepts of a transformation plan" Mark Lyndersay 00:00 Listen to Mark read "Concepts of a transformation plan" – Mark Lyndersay Under the title BOLD (Building Our Lives Digitally) the MDT proceeds, over 88 pages that manage to be both verbose and vague, to rehash the talking points it has been spewing with great enthusiasm ever since it began communicating with the public. It’s notable that the document includes not a single photo or chart to support even a single project undertaken by the ministry since its formation under Hassel Bacchus in August 2020. In his introduction, Minister Bacchus restates his ambitions for a “Digital Government that collectively offers a new way to address the end-to-end consumption and delivery of goods and services to customers using appropriate digital technology.” He goes on to revisit previously stated notions of how this is to be achieved via the concepts of a digital society, digital economy and digital governance. The […]

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Article by Fernando Florez , Chief Revenue Officer at Making Sense Today, more mid-sized companies are embracing digital transformation to improve efficiency, productivity, and customer experiences. A recent Deloitte survey of tech leaders in mid-market enterprises revealed that over half identified “efficiency” and “productivity” as their primary goals, with 34% also prioritizing “innovation” and “growth.” Key technologies driving this shift include cloud computing and AI tools designed to streamline operations and scale businesses effectively. The potential of these technologies is enormous. PwC data shows that 60% of senior executives believe digital transformation is essential for growth, while according to a study conducted by the Digital Marketing Institute , one in three companies view it as a matter of survival. However, digital transformation is not without challenges, companies must carefully navigate obstacles such as outdated systems, insufficient data quality, and unclear ROI strategies. Let’s dive into these challenges and how successful companies overcome them. Key Challenges in Digital Transformation The Importance of High-Quality Data AI tools are only as effective as the data they analyze. High-quality, diverse, and unbiased data is critical to achieving meaningful insights and operational improvements. Yet, many companies adopt a reactive approach, layering AI onto outdated […]

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