Market Watch

WINWIN AI Center of Excellence at the Ministry of Digital Transformation, together with business and the AI community, is starting to develop a national large language model (LLM). This will accelerate the integration of AI into the government, business, and key areas of life for Ukrainians. A large language model is a neural network that works similarly to the human brain and can analyze and generate text. It will serve as the foundation for creating chatbots and AI assistants for the government and businesses, improving services for users and enhancing organizational efficiency. “We are beginning to work on the Ukrainian large language model. This will be the first Ukrainian-language model on a national scale, which will help accelerate the integration of artificial intelligence into the public sector, defense, and business. Countries that actively and strategically develop AI already have national LLMs. Ukraine is also moving in this direction. The Ukrainian-language model will be based on existing open-source solutions, and we will not use budget funds for its development,” said Mykhailo Fedorov, Vice Prime Minister for Innovation, Education, Science, and Technology — Minister of Digital Transformation. Based on the language model, the government will be able to launch AI products […]

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Press release Press release from: Verified Market Reports Abaca Products Market USA, New Jersey: According to Verified Market Reports analysis, the global Abaca Products Market was valued at USD 350 Million in 2024 and is estimated to reach USD 600 Million by 2033, growing at a CAGR of 6.5% from 2026 to 2033. What is the current market outlook for Abaca Products, and what factors are driving its growth? The Abaca Products Market is experiencing steady growth, driven by increasing demand for sustainable and biodegradable materials. Abaca, a natural fiber derived from banana plants, is widely used in paper, textiles, ropes, and specialty applications like automotive composites. Growing environmental concerns and government regulations favoring eco-friendly alternatives are boosting market expansion. Additionally, rising adoption in the pulp and paper industry for high-strength, lightweight applications is a key driver. Technological advancements in fiber processing are improving product quality and efficiency. The market also benefits from growing demand in fashion, furniture, and automotive sectors. However, fluctuating raw material supply due to climate and agricultural challenges remains a constraint. Access the complete PDF sample report, including the full table of contents, list of tables, figures, and graphs, at:https://www.verifiedmarketreports.com/download-sample/?rid=677336&utm_source=OpenPR&utm_medium=366 What are the key investment […]

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Artificial intelligence (AI) dominated discussions at Oracle CloudWorld Tour Sydney last week, with executives showcasing the company’s AI strategy and its impact on Australian businesses. Oracle is embedding AI across all levels of its technology stack, from Oracle Cloud Infrastructure (OCI) to industry- and domain-specific applications and the Oracle database. This allows customers to leverage their own data with Oracle’s AI, rather than having to export it to external platforms. Mike Sicilia, Oracle’s executive vice-president for global industries, noted that AI is becoming integral to business operations: “We’re getting to the point where AI just becomes the way we conduct ourselves, the way we do business. You don’t need to think about it as something separate.” “[But] AI requires massive infrastructure,” he said, adding that the four main AI infrastructure suppliers run their training and inferencing workloads on OCI because of the economies that the platform offers. “I think the next wave of AI agents will be all the way to the edge,” he added, pointing out that applying AI at the point where a doctor talks to a patient or a salesperson interacts with a customer has immediate value because both parties benefit at the same time. Stephen […]

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Move Digital Limited MAHE, SEYCHELLES, March 26, 2025 (GLOBE NEWSWIRE) — Move Digital Limited, led by tech entrepreneur and strategist Kristof Schöffling, has unveiled an ambitious roadmap for 2025, solidifying its position as a global leader in artificial intelligence, blockchain, and robotics innovation. With operations across Monaco, Thailand, Tokyo, Sydney, and Hong Kong, Move Digital is delivering on its mission to integrate advanced technology into daily life – long before mainstream adoption. A Vision for 2025 Built on Proven Execution Kristof Schöffling, a serial entrepreneur with over 15 years of experience and several successful tech exits, has developed a reputation for recognizing transformational trends before they become global movements. Under his leadership, Move Digital has evolved from a blockchain innovator into a world-class firm delivering AI-powered consumer applications, elite consulting for family offices, and cutting-edge robotics manufacturing. "Artificial intelligence should never be a concept locked in boardrooms or labs," says Schöffling. "Our mission at Move Digital is to bring intelligent solutions into everyday lives, enabling convenience, freedom, and efficiency for all demographics." AI for the Real World Move Digital’s AI division is now rolling out globally distributed applications that simplify daily routines, boost productivity, and enhance user experience across […]

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Digital Transformation – file CAIRO – 27 March 2025: The Egypt Digital Platform continues to make significant progress in providing government services electronically. The number of services currently available has reached 182, while the number of citizens registered on the platform has exceeded 9 million users, according to the Egyptian Ministry of Communications and Information Technology. The Ministry is working to launch more services in the coming period, while restricting some services to the platform only. This step aims to encourage citizens to embrace digital transformation and reduce reliance on paper transactions and traditional transactions. The Egypt Digital Platform has begun gradually providing its services as part of a comprehensive government plan for digital transformation, aiming to simplify procedures and save citizens time and effort. The currently available services include several areas, such as documentation, supplies, traffic, courts, social insurance, and commercial registry services. The platform is part of the state’s strategy to digitize government services, ensuring easy access from anywhere without the need to visit government agencies. This contributes to reducing congestion and improving service delivery efficiency. With the increasing number of registered users, the government is working to enhance the digital infrastructure and expand the scope of […]

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IBM consulting predicts paradigm shift driven by domain-specific models, agentic AI, and more A major transformation of global business is on the horizon, driven by five strategic shifts in artificial intelligence (AI) poised to take centre stage by 2025. These shifts, ranging from the rise of domain-specific AI models to the convergence of quantum computing and AI, promise to reshape industries and economies worldwide. Juhi McCelland , managing partner of IBM Consulting, APAC, outlined these pivotal changes at Krungthepturakij’s “ AI Revolution 2025: A New Paradigm of New World Economy ” forum on Thursday. McCelland detailed five strategic AI shifts poised to redefine the business landscape: From Generic to Domain-Specific Models: The focus is shifting from large, multi-purpose language models to smaller, purpose-built models tailored to specific industries. "You don’t need to know what somebody in Telco is doing if you’re a cosmetic company," McCelland explained, highlighting L’Oreal’s use of AI for personalised beauty experiences as an example. She also cited the Hong Kong Jockey Club’s AI-driven system, which now delivers detailed horse racing information to fans in minutes, a process that previously took 48 hours. The Rise of Agentic AI: This involves autonomous collections of AI agents designed […]

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Implementing a procurement digital transformation, whether digitalizing tools or processes, often turns out to be a much more complex task than anticipated. There are reasons for this. To help inform organizations on the cusp of transforming, we wanted to learn more from the people who are actually carrying out the day-to-day implementation and have first-hand experience of what can go wrong – the systems integrators. Taciane Santerre , a Procurement Project Director with Cyrias , and is responsible for designing and delivering tailored solutions for manufacturing companies and focusing on the full-suite deployment of Ivalua ’s system. She has successfully deployed more than 10 projects worldwide for major French organizations across the continents. We asked for her overall take on the propensity of these projects to fail and why they do so. “Too often,” she told us, “while these transformations are led by technically proficient teams, they underestimate the importance of properly defining the project from a business perspective from the outset. Yet this step is essential in order to clearly outline the project scope, target the right processes and the IT system architecture, and adopt the proper change management strategy. “In my experience, even the most advanced IT […]

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Pause Skip backward 10 seconds Skip forward 5 seconds UnmuteCurrent Time 0:09 /Duration 2:14 Loaded: 36.99% 1x Playback Rate Quality Levels Picture-in-Picture Fullscreen Video Player is loading. Play Video This is a modal window. Beginning of dialog window. Escape will cancel and close the window. TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption Area BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaque Font Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDrop shadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall Caps ResetDone Close Modal Dialog End of dialog window. Close Modal Dialog This is a modal window. This modal can be closed by pressing the Escape key or activating the close button. CTM is Macau’s leading integrated telecommunications and smart city service provider. Under its “Digital Macau” blueprint, CTM has established a state-of-the-art network infrastructure, propelling Macau toward becoming a globally leading smart city. Since achieving full fiber coverage across Macau in 2015, CTM has accelerated to introduce advanced services powered by 5.5G and FTTR technologies. Notably, CTM’s FTTR services penetration rate ranked second globally, with over 95% of FTTR users expressing high satisfaction. Leveraging the strengths of 5.5G and FTTR, CTM is dedicated to advancing AI+Big Data technologies, offering innovative AI-integrated cloud solutions that drive industrial digital transformation. Subscribe and receive the latest news from the industry. Join 62,000+ […]

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This partnership potentially underscores a shared commitment to fostering innovation and empowering SMEs with the technology needed to thrive in an increasingly digital economy. Zoho has partnered with Loita Business to accelerate digital transformation for small and medium-sized enterprises (SMEs) in Zimbabwe, Zambia, and South Africa. The collaboration can potentially help to equip businesses with advanced digital tools, enhancing efficiency and competitiveness. Zoho, a global technology leader with over 100 million users, provides a diverse suite of software solutions tailored to sales, marketing, finance, and recruitment. Loita Business, part of the Mauritius-based Loita Group, brings decades of financial expertise and a strong pan-African presence to the initiative. This partnership potentially underscores a shared commitment to fostering innovation and empowering SMEs with the technology needed to thrive in an increasingly digital economy.

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Reading time: 5 min Link copied. facebook twitter whatsapp linkedin Tell us a little about yourself. What does your job at Telefónica involve? Thanks to working at Telefónica I have been able to carry out different activities and roles, and to take something positive from each of them. I started as a project manager for data warehouse solutions and decision-making systems, where I saw the importance of being able to meet the internal needs on which strategic decisions are based. Later I was responsible for customer service and after-sales support processes. In my roles as service manager , client manager or project office director for large accounts, I have been able to empathise with our clients and share with them the advantages that our services bring to their businesses. Coordinating the provision project managers allowed me to understand the rush our clients are in to have their services implemented to align them with their processes, the different problems we have and the ways to provide solutions according to each case. SMEs represent two thirds of the Spanish business fabric, and focusing in recent years on the services that Telefónica offers to this segment has allowed me to see how […]

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