Market Watch

Charles Lehosit, SVP and Head of Digital at RKD Group [Photo: RKD Group] Charles Lehosit is returning to Plano-based RKD Group to lead its digital solutions capability as senior vice president, head of digital, for the fundraising and marketing solutions provider to North American nonprofits. The firm said that Lehosit has more than two decades of experience as a digital transformation leader and previously spent 10 years with RKD developing technology solutions that answered clients’ business needs. “Charles is uniquely qualified for this moment,” RKD Group Chairman & CEO Tim Kersten said in a statement. “We’re thrilled that he’s returning to help our clients navigate the increasing importance of digital as an accelerant to fundraising growth.” RKD said that Lehosit will lead its embedded digital practice area offering end-to-end capabilities, guided by his expertise in multichannel engagement, digital analytics, technology strategy, application development and conversion optimization. “I’m honored to serve our clients in this capacity,” Lehosit said. “More than ever, nonprofit leaders want partners that can guide data-driven decisions into scalable digital fundraising activations. From AI to UX and all the data in between, RKD will come alongside our clients to improve how we steward the digital experience, resulting […]

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Asia Pacific enterprises are increasingly turning to Oracle ecosystem services for digital transformation, according to ISG’s (Nasdaq: III) 2024 Provider Lens™ report. Companies across manufacturing, retail, financial services, and public sectors are seeking modernization of legacy systems and cloud migration support. Oracle is strengthening its regional presence through partnerships with governments in Singapore, Australia, and India for training programs. Service providers are integrating GenAI tools to optimize Oracle investments, while addressing regional challenges like data sovereignty and compliance requirements. The report evaluates 28 providers across four quadrants, with Accenture, Cognizant, Deloitte, HCLTech, Infosys, LTIMindtree, TCS, Tech Mahindra, and Wipro named as Leaders in all quadrants. Enterprises are prioritizing providers with strong local presence, competitive pricing, and proven Oracle migration expertise. Positive Strong market expansion in key sectors (manufacturing, retail, financial, public) Strategic government partnerships for training programs Integration of GenAI tools for service optimization Growing adoption of Oracle Cloud Infrastructure (OCI) Negative Legacy systems hindering organizational progress Complex regional compliance and data sovereignty challenges Resource management and cost optimization challenges Insights ISG’s latest Oracle ecosystem report highlights a growing market opportunity in Asia Pacific that could positively impact the company’s advisory business. The report demonstrates ISG’s strategic positioning as […]

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Politicians, researchers, and experts in digital transformation discuss the responsible use of artificial intelligence at a seminar in Hanoi on Tuesday. PHOTO: VNA/VIET NAM NEWS February 27, 2025 HANOI – A seminar was held in Hà Nội on Tuesday to discuss the strategic orientation and policies for the use of artificial intelligence (AI) in Việt Nam. The event was organised by the Hồ Chí Minh National Academy of Politics (HCMA) and the Việt Nam Academy of Science and Technology (VAST). Digital transformation was discussed at the seminar from various perspectives. Experts and researchers said it is the main focus of the Fourth Industrial Revolution, and AI is the key technology of this transformation. It is crucial to understand how taking advantage of AI in a responsible manner will help humans enhance their intellectual capabilities, they said. Accordingly, Việt Nam needs to proactively and actively participate in international AI forums, while promoting the responsible use of AI in the international community. The country should also develop laws on AI and make amendments to current legal documents to clearly define the responsibilities, sanctions and obligations of technology companies, they added. Strict mechanisms should also be developed to monitor and inspect technology […]

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Similar to themes from The Home Depo t’s fourth-quarter earnings reported this week, Lowe’s is investing strategically in its digital and in-store offerings to enhance value and convenience for Pro customers, driving growth amid a challenging macroeconomic landscape. For Lowe’s officials, their priorities comprise elevating online and Pro customer experiences, leveraging the Pro and DIY loyalty programs, and delivering simplified omnichannel services. These efforts resulted in high single-digit growth in the Pro segment and a 9.5% increase in online sales during the fourth quarter, which included a 0.2% rise in comparable store sales — the first positive increase in two years. Pro Customer Momentum and Loyalty Programs “We’re very pleased with our performance in a very difficult home improvement macro environment,” Lowe’s Chairman, President and CEO Marvin R. Ellison said Wednesday (Feb. 26) during the company’s fourth-quarter earnings call . “We’re still seeing a cautious consumer, leading to continued near-term pressure on DIY spending, particularly on bigger ticket projects. We’re gaining momentum with our Pro customer and offer a best-in-class digital experience.” Ellison noted the company recently updated its MVPs Pro Rewards & Partnership Program to become MyLowe’s Pro Rewards, a free program designed to save small- to mid-sized […]

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Main takeaways AI and cloud computing are empowering telecom companies to save time and money The upcoming EU Digital Networks Act (DNA) should abandon misguided assumptions about ‘network overload’ and ‘convergence’ between telcos and cloud providers The Commission should focus on fostering competitiveness, not over-regulation Cloud computing and artificial intelligence (AI) are driving the transformation of Europe’s telecom sector. Digital innovation is helping telecom operators modernise everything from network management to customer support. AI adoption is already widespread: 90% of telecom companies use AI, according to Nvidia research , with 48% in the pilot phase and 41% actively deploying it. Yet, some large telecom operators – ironically, those benefiting the most from digital innovation – claim that the very tech firms enabling their digital transformation are also those ‘exploiting’ telecom networks, and argue the two business models are converging. In reality, this is a misrepresentation of a thriving customer-supplier relationship. That’s why the new European Commission should review the (flawed) assumptions of the previous Commission, and focus on fostering EU digital competitiveness instead. 1. How tech is supercharging telecom operations From operational improvements to financial gains, there are countless ways in which telecom companies benefit from AI and cloud […]

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API Management Market Size, Share & Growth In 2024, the global API management market was valued at approximately USD 9.07 billion and is projected to reach around USD 49.33 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 23.3%from 2025 to 2033. The API management market has emerged as a pivotal segment in today’s technology landscape, fundamentally reshaping how businesses expose, manage, and secure their digital assets. Driven by the increasing need for interoperability and agility, this market is evolving rapidly to cater to organizations seeking to integrate diverse applications and services seamlessly. The growing adoption of cloud services, microservices architectures, and the expansion of digital ecosystems have accelerated the demand for robust API management solutions. As a result, companies are increasingly focusing on leveraging APIs not just as technical connectors but as strategic assets that enable digital transformation and foster innovation in competitive markets. Over the past few years, enterprises of all sizes have recognized the transformative power of APIs, leading to a steady increase in investments in API management platforms. Market participants are embracing this evolution by integrating advanced analytics, security features, and developer-friendly interfaces into their offerings. This dynamic environment is not only enhancing […]

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Ethio Telecom launches seven cloud-powered enterprise solutions to enhance efficiency, communication, and digital transformation, enabling businesses to modernize and scale effortlessly. Ethio Telecom has announced the implementation of seven enterprise solutions powered by cloud solutions that will enable businesses to modernize their operations and achieve continuous growth by providing superior service to their customers. Enterprise Solutions: – Digital Livestock Tracking: Enhancing Animal Productivity and Tracking Methods Tele Push-to-Talk/Video: Seamless and Secure Communication Core Banking Solution: Moving financial services to a cloud-based core banking solution Educational Management System Solution: Facilitating Learning Environments and Administration An office collaboration and productivity solution – improving team efficiency and communication Telecontact Center: Improving customer engagement and support services ERP Solutions – Empowering Businesses with Integrated Enterprise Resource Planning These cloud-enabled digital solutions enable organizations to access servers, databases, software, networks, and data storage using our company’s secure internet service without the need to build their own infrastructure or own a physical data center. This will significantly contribute to increasing their innovation, competitiveness, and productivity by allowing organizations to focus solely on managing their core operations and developing their institutional capabilities. The new enterprise solutions officially launched today are detailed below: 1. Ethio Telecom implements […]

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Carbon, a leader in 3D printing technology, explains how Trey Ford’s digital investment turned a small lab into a high-throughput powerhouse. In an industry where precision and efficiency define success, the ability to scale without sacrificing quality is the golden ticket. Yet, for many small to mid-sized dental labs, achieving this balance feels impossible. That was exactly the challenge facing Trey Ford, owner of Design Dental in Ohio, USA. As competitors rapidly embraced digital workflows, Trey knew his traditionally run lab needed a serious upgrade to stay competitive. What he didn’t expect was just how transformative the right technology partner could be. A lab on the brink of change For years, Design Dental operated with a traditional, labour-intensive workflow. Dentures were crafted by hand, a meticulous and time-consuming process. By 2019, the lab was producing just 150 arches a year – a respectable figure but far from competitive in a rapidly digitising industry. Meanwhile, labs using digital printing solutions were delivering exponentially more cases, growing their businesses while keeping costs under control. It was clear: if Trey wanted to scale, manual processes alone wouldn’t cut it. Carbon enters the picture The turning point came when Trey invested in Carbon […]

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Resilient, agile infrastructure is at the core of sustainable digital transformation Add bookmark Listen to this content Audio conversion provided by OpenAI Simon Tindal 3 digital transformation lessons – PEX Network The COVID-19 pandemic tested businesses like never before. Overnight, organizations had to make decisions in days that would normally take months. The result? Quick fixes and temporary solutions kept operations running but left a legacy of disjointed tools and systems that don’t scale or integrate effectively. As businesses emerge from crisis mode, there’s an opportunity to step back and reassess operational choices. The focus is slowly shifting from survival mode to building for sustainable growth, implementing new technologies like artificial intelligence (AI) and adapting new processes to rebuild operations. The most successful businesses won’t merely be going “digital” – they’ll implement a deliberate approach that aligns closely with long-term goals, customer needs and future growth. As such, meeting rising expectations for seamless experiences, faster services and personalized engagement requires more than patchwork solutions. To truly deliver for their customers, business leaders must confront the digital transformation missteps of the past and turn them into opportunities for the future so that they can better serve their customers. Don’t miss […]

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