Market Watch

Digital transformation projects are making a comeback in India’s IT services industry after a lull of about two years, albeit with some cost-saving provisions. Several transformation deals announced by homegrown IT firms in the past four to five months have originated from the Nordic region, all of which involve a large amount of transformation work. Indian IT and engineering services firms_outsourcing_ETTECH India’s software services industry is seeing green shoots of recovery in digital transformation deals after about two years. The new contracts, however, contain cost-saving provisions. Several transformation deals announced by homegrown IT firms in the last 4-5 months have originated from the Nordic region . These include Infosys ’ deal with Denmark’s TDC Net, a digital infrastructure and connectivity provider; HCLTech’s deal with Finland’s Oriola Corporation, a health and wellbeing company; and TCS ’ multi-million-dollar contracts with digital connectivity and communications provider Nuuday and Ramboll—both from Denmark. Infosys and Wipro also secured deals from Sweden’s Ikea and Finland’s Nokia. All the deals involve a large amount of transformation work . To be sure, digital transformation deals also originated from other regions in the last 4-5 months. This includes a $355-million deal between TCS and US-based Xerox. Also, Cognizant […]

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A worker conducts motion tests on AGV handling robots at the integrated AMT workshop of FAW Jiefang Automotive Co, a subsidiary of China FAW Group, in Changchun, Jilin province, on Aug 5, 2024. [Photo/Xinhua] Northeast China’s three provinces — Liaoning, Jilin and Heilongjiang — have been driving digital transformation and focusing on critical technology areas in the past several years. Liaoning province has invested 2 billion yuan ($278 million) in its digital manufacturing efforts. Jilin is working on training technical experts in major industrial companies, while Heilongjiang’s digital economy now makes up about 30 percent of its GDP. The integration of new technology with manufacturing is fueling high-quality development in the region. Workers adjust the robots at the integrated AMT workshop of FAW Jiefang Automotive Co, a subsidiary of China FAW Group, in Changchun, Jilin province, on Aug 5, 2024. [Photo/Xinhua] Robots automatically grab parts at the integrated AMT workshop of FAW Jiefang Automotive Co, a subsidiary of China FAW Group, in Changchun, Jilin province, on Aug 5, 2024. [Photo/Xinhua] Staff members observe the operation of smart equipment at a factory of Harbin Turbine Company Ltd, a subsidiary of Harbin Electric Group, in Harbin, Heilongjiang province, on July 23, […]

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Image: iStockphoto As the healthcare industry embraces digital transformation, the convergence of cutting-edge technologies and regulatory frameworks presents both opportunities and challenges. Here we explore the intersection of the EU AI Act and the Department of Health’s “Digital for Care: A Digital Health Framework for Ireland”, shedding light on how these regulations shape the future of patient-centred healthcare. At the heart of Ireland’s healthcare evolution lies the ‘Digital for Care’ Framework. HealthTech Ireland members, in contributing to this through consolidation of member’s perspectives and input to the Health Service Executive (HSE) and Department of Health, welcomed openness in this engagement. We are also encouraged that our visions are aligned, to enhance the creation of a patient-centric, sustainable health service by harnessing the power of digital technologies, including AI. By enhancing care quality, improving efficiencies, and increasing accessibility, the framework sets ambitious goals for the years ahead. Critically, the next consideration is implementation and accelerating the scaling of innovation adoption. Balancing innovation and compliance Enter the EU AI Act, a landmark legislation designed to foster innovation while ensuring responsible AI deployment. As the HSE explores AI adoption, it, like other jurisdictions, faces the pressing need of balancing technological advancements with […]

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News & Articles MEDIA RELEASE Defence is transforming how it works with businesses through the launch of the Defence Digital Engineering Strategy to speed up capability acquisition and address operational gaps. The Defence Digital Engineering Strategy is a key outcome of the Defence Industry Development Strategy and 2024 National Defence Strategy, which identified the need for Defence to accelerate digital technologies. Built upon digital transformation programs undertaken by the United States Department of Defense, the engineering strategy outlines Defence’s commitment to streamline processes through an approach that better connects people, tools and data. The outcome will result in increased collaboration with industry, better decision making and faster introduction of capability across the Australian Defence Force. Deputy Secretary Capability Acquisition and Sustainment Group Chris Deeble said the Defence Digital Engineering Strategy was a critical step in further developing how Defence and industry work together. “By working more closely with industry in this space, existing partners and small to medium enterprises will have the opportunity to contribute to the design of shared collaborative platforms, delivering speed to capability in a secure and streamlined digital environment,” Mr Deeble said. “The Defence Digital Engineering Strategy is about leveraging technologies to enhance efficiency, accessibility […]

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More News Fintech Huawei Cloud Hosts Fintech Day in Saudi Arabia, Launches Fintech Pioneer Program to Boost Innovation August 8, 2024 Mobile AOI Launches Egypt’s First Mobile Phone Tower Manufacturing Center, Boosting Local Tech Innovation August 8, 2024 Telecoms Africa Tech Festival 2024 to Highlight Women Leaders in Tech and Telecoms August 8, 2024 Technology Liquid Launches First Microsoft Azure Stack in Uganda, Boosting Digital Transformation August 8, 2024 Editor’s Choice How Satellite Technology Can Bridge Africa’s Connectivity Gap | Spotlight on Yahsat’s Project SKY In this edition of TechTalk Thursday, we shine a spotlight on a remarkable initiative that is making significant strides in connecting the unconnected. Yahsat’s Skyphone and its ambitious Project SKY exemplify the tremendous achievements in leveraging satellite technology to bridge the digital divide. Read more August 1, 2024 Column The Critical Need for Gender Inclusivity in Strengthening Africa’s Digital Future In line with Women’s Month in South Africa, this TechTalk Thursay article presents a compelling case for the need for gender inclusivity in Africa’s digital transformation journey. As we celebrate […] Read more August 8, 2024 Upcoming Events Aug 28–30 Nairobi, Kenya Transform Africa Summit Sep 13–16 Amsterdam, The Netherlands IBC

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Liquid’s Azure Stack hub supports Uganda’s digital goals, offering local cloud solutions and regulatory compliance.

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Future Travel Experience Global 28-30 oCT 2024, California Where the world’s most progressive travel facilitators define tomorrow’s end-to-end passenger experience Find out more Register now Find out more Future Travel Experience APEX Asia EXPO 19-20 November 2024, Singapore Connecting vendors with airline and airport executives to transform tomorrow’s end-to-end passenger journey across Asia-Pacific Find out more Register now Future Travel Experience Ancillary Empowering the airline sector to profit from collaborative digital retailing opportunities at every step of the journey Find out more Future Travel Experience EMEA A gathering of air transport’s digital and innovation leaders, creative designers and progressive minds who will inspire one another and reimagine travel together. Find out more Future Travel Experience Global 28-30 oCT 2024, California Where the world’s most progressive travel facilitators define tomorrow’s end-to-end passenger experience Find out more Register now Find out more Future Travel Experience APEX Asia EXPO 19-20 November 2024, Singapore Connecting vendors with airline and airport executives to transform tomorrow’s end-to-end passenger journey across Asia-Pacific Find out more Register now Future Travel Experience Ancillary Empowering the airline sector to profit from collaborative digital retailing opportunities at every step of the journey Find out more Future Travel Experience EMEA A […]

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blue yonder Convenience-store distributor Core-Mark is integrating BlueYonder Category Management solutions entirely to Blue Yonder’s SaaS (software as a service), completing the digital transformation of its space and floor offerings. Blue Yonder Global Professional Services will implement the project. The partnership offers solutions for c-store retailers to better plan their space and floor layouts to determine local assortments that attract and retain customers. Core-Mark has used Blue Yonder’s SaaS solutions in its operations in the western, southeastern and eastern regions, and the company was looking to upgrade its category management capabilities in the Midwest region to the cloud to fully digitalize its space and floor offerings, consolidate its toolset for planning staff and standardize the services offered to its customer base, it said. “Our goal is to offer intelligent assortment and space planning insights to our small- to medium-sized c-store customers to help them succeed,” said Jim Hachtel, director of category management for Core-Mark. “To achieve this, we need to offer solutions that automate cumbersome tasks and provide robust recommendations to optimize their sales. Blue Yonder is the leader in category management, so we are leveraging their capabilities to expand our use of their cloud solutions. As a result […]

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Autodesk Fusion for digital transformation Autodesk Fusion drives cloud enabled digital transformation by streamlining processes, enhancing collaboration, and fostering efficiency and innovation in the digital era. Download Fusion free trial What is digital transformation? Industry 4.0, or the Fourth Industrial Revolution, refers to the automation and data exchange in manufacturing technologies. It integrates modern technologies such as the Internet of Things (IoT), artificial intelligence (AI), big data, cloud computing, and cyber-physical systems to create smart factories. Interconnected machines communicate and make decentralized decisions to improve efficiency, reduce waste, and increase productivity through real-time data and advanced analytics. The foundation of Industry 4.0 is building a digital manufacturing ecosystem that enhances flexibility, addresses market demands, and enhances innovation in the production process. This integration of physical and digital technologies enables greater precision and customization in products. It also promotes sustainability by optimizing resource use and reducing energy consumption, and aligns manufacturing with environmental goals. Industry 4.0 manufacturing Digital transformation in manufacturing, often referred to as Industry 4.0 , involves the application of technologies such as artificial intelligence, automation and robotics, additive technology, and human-machine interaction. By connecting people, processes, and data, manufacturers can enhance decision-making, increase productivity and innovation, while […]

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Highlighting innovations in AI, cloud-based manufacturing execution system (MES), and cybersecurity, the event promotes digital transformation and sustainability in the manufacturing sector SURABAYA, Indonesia, Aug. 7, 2024 /PRNewswire/ — Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, hosted its ROKLive Southeast Asia event in Surabaya, Indonesia, on August 7, 2024. With the theme ‘Discover What’s Possible’ – the event showcased the latest innovations in industrial technology such as Artificial Intelligence (AI), cloud-based manufacturing execution systems (MES), and cybersecurity, while putting the spotlight on the future of industrial operations. ROKLive, Rockwell Automation’s event for partners and customers, showcases the latest innovations in industrial automation, digital transformation, and smart manufacturing solutions. The event, encourages partners and customers to dream big, presenting an opportunity to educate themselves on transformative technologies like AI, Augmented Reality/Virtual Reality (AR/VR), and robotics, discovering how these innovations can help revolutionize their business. The event featured engaging presentations, customer experience sharing, technology updates, industry-focus discussions, and an interactive expo featuring the latest innovations from Rockwell Automation and members of its PartnerNetwork™. Sustainability, cybersecurity, and emerging technologies in digital transformation were among the key points of discussion in the sessions. Marcelo Tarkieltaub, regional director, […]

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