Market Watch

Dr. Zhu Shenggao, Director of AI Department at Huawei Cloud Middle East and Central Asia. Image Courtesy: Huawei Doha, Qatar – Huawei has cemented its position as a key enabler of Qatar’s digital transformation by forging multiple high-impact partnerships at Web Summit Qatar 2025, underscoring the company’s pivotal role in driving innovation and digital transformation across the nation’s key economic sectors. During the summit, Huawei signed MOUs with leading Qatari organizations, focusing on cloud infrastructure, ICT talent development, and technological innovation. Web Summit Qatar 2025, which attracted over 20,000 attendees, including investors and industry decision-makers, served as an ideal platform for Huawei to showcase its commitment to fostering Qatar’s digital ecosystem through strategic collaborations that address the unique needs of various sectors. As an AI pioneer in industries, Huawei Cloud is driving industry intelligence by providing full-stack AI capabilities, including infrastructure, computing power, algorithms, development frameworks, and its advanced Pangu Large Models. Dr. Zhu Shenggao, Director of the AI Department at Huawei Cloud Middle East and Central Asia, delivered a keynote exploring how AI and Cloud reshape industries, highlighting the company’s technological expertise and thought leadership in these transformative domains. Rico Lin, President of Huawei Gulf North Region, said, […]

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Low-code app development in manufacturing The move toward low-code and no-code software in industry has gained a lot of traction in the past few years for several reasons. Most notably in that it helps manufacturing domain experts — not IT specialists — develop apps to help optimize production processes and guide new workers through complex procedures. This move to extend low-code software beyond the IT realm, where it is better known and widely used, represents a big change for the technology. As Ray Kok, CEO at Mendix (Siemens’ low-code software business) explained: “We’ve extended the reach of Mendix so that it goes beyond enterprise IT. If you look at the heritage of Mendix, it really started in enterprise IT to close the gap between business and IT in terms of capacity. Then, we decided that, given all the IT/OT (operations technology) convergence going on that it would be nice to also be able to develop applications that can run on the shop floor. So now, you can build apps to deploy very close to a production line or wherever that application might be relevant.” Read more of the interview with Kok explaining why low-code software is no longer just […]

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New York, NY – February 27, 2025 – The Global Digital Transformation in EdTech Market is expected to experience significant growth, reaching USD 42 billion by 2034, up from USD 6.2 billion in 2024. This reflects a strong CAGR of 21.20% during the forecast period from 2025 to 2034. The market’s expansion is being driven by the increasing adoption of digital tools and technologies that are reshaping the education sector, enhancing learning experiences, and improving operational efficiencies across institutions. Key drivers of this growth include the rise of online learning platforms, the integration of AI and data analytics for personalized learning, the growing need for learning management systems (LMS), and the adoption of cloud-based solutions for scalable educational services. To learn more about this report – request a sample report PDF Educational institutions, from K-12 to universities, are increasingly embracing digital transformation to meet the demands of a more connected, tech-savvy student base. In 2024, North America led the market with a dominant 40.3% share, generating USD 2.4 billion in revenue. This is primarily due to advanced technological infrastructure, widespread digital adoption in schools and universities, and strong investments in EdTech innovations. The region is expected to continue its […]

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2 minute Read Union Minister Ashwini Vaishnaw. Photo: Special arrangement New Delhi: Union Minister for Information and Broadcasting Ashwini Vaishnaw on Thursday reaffirmed the government’s commitment to supporting the media industry through its digital transformation. Speaking at the Storyboard18 DNPA Conclave & Awards 2025 in New Delhi, he stressed the need for collaboration between media organisations and policymakers to tackle key challenges, including employment, copyright protection, and fair compensation. Inaugurating the conclave, Vaishnaw highlighted the significance of such industry forums in shaping policy recommendations. Themed ‘Media Transformations in the AI Age’, this year’s DNPA (Digital News Publishers Association) Conclave brought together policymakers, media leaders, and technology experts to discuss the impact of artificial intelligence on journalism, including misinformation, deepfakes, data privacy, and platform accountability. Ensuring fair compensation and protecting jobs Acknowledging the rapid transition from traditional media to digital platforms, particularly among younger audiences, Vaishnaw emphasised the need for a structured approach to safeguard media-related jobs and ensure fair compensation for content creators and publishers. "Along with traditional media, which included newspapers and television as major mediums, digital media has emerged in a significant way. In many spheres, particularly among younger generations, there has been a complete shift from […]

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In This Article: CLPS +1.65% We recently published a list of Top 8 Trending AI News Updates Investors Should Not Miss . In this article, we are going to take a look at where CLPS Incorporation (NASDAQ:CLPS) stands against other top trending AI news updates investors should not miss. As AI takes over industries worldwide, the technology has begun replacing the redundant human workforce, as popular banks reveal plans to shrink headcount amid rapid AI adoption. The lightning-fast takeover of AI is also reflected in OpenAI’s claims that it now serves 400 million weekly active users, a 100 million jump in users since December 2024. Scale AI CEO and founder Alexander Wang said at the Web Summit Qatar 2025 that the US and China are leading in AI preparedness. “Nearly every country in the world, or nearly every company in the world, will ultimately likely build AI technology on top of either the US technology stack or that of the Chinese technology stack,” Wang noted. Elsewhere, the surging demand for AI infrastructure has prompted South Korea to build the world’s biggest AI data center with a 3 GW capacity by 2028. The $10 billion project is expected to commence […]

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The Jordan Press Foundation / Al Rai and Orange Jordan announce the signing of a strategic partnership agreement aimed at empowering digital media (Al Rai photo) AMMAN — In a move reflecting their commitment and efforts to support digital transformation in the media sector, the Jordan Press Foundation / Al Rai and Orange Jordan have announced the signing of a strategic partnership agreement aimed at empowering digital media through developing the sector’s digital infrastructure and enhancing the use of technology in journalism. The agreement was signed on February 18 by CEO of Orange Jordan Philippe Mansour, and General Manager of the Jordan Press Foundation / Al Rai Hiyam Karaki, in the presence of Chairman of Jordan Press Foundation Sameeh Maaytah, Editor-in-Chief of the newspaper Khaled Shaqran, and }hief Corporate Communication and Sustainability Officer at Orange Jordan Rana Dababneh. Maaytah emphasised Al Rai’s pivotal role in political, economic, and social influence, stressing that the newspaper will maintain this role through its digital platforms, which serve as a reliable and essential source of information. He added that the agreement with Orange Jordan strengthens Al Rai’s efforts towards digital transformation and keeping pace with the rapid developments in both sectors by delivering […]

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Home » GERMANY TRAVEL NEWS » Is This the Future of Travel? Torino and Benidorm Are Set to Rock ITB Berlin 2025 with Groundbreaking Presentations on Smart Tourism, Sustainability, and Digital Transformation Benidorm – travel and tour world Hold on to your seats, because ITB Berlin 2025 is about to go next-level ! If you thought you knew what tourism was about, get ready for a seismic shift as Torino and Benidorm , the 2025 European Capital of Smart Tourism and European Green Pioneer of Smart Tourism , step into the spotlight at the ITB Berlin Convention . These cities will reveal groundbreaking strategies that will completely reshape the global travel industry — from mega events to sustainability and the massive digital transformation happening across Europe. With the theme “The Power of Transition Lives Here,” ITB Berlin 2025 will feature over 400 international experts and 200 mind-blowing sessions across 17 explosive tracks , and Torino and Benidorm’s bold approaches to tourism will undoubtedly steal the show. Torino: From Industrial Hub to Tourism Innovator – Witness the Transformation On March 5, 2025 , at 11:15 AM in Hall 7.1b, Blue Stage , Torino is set to take the stage and […]

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To succeed in this digital-first landscape, manufacturers must establish robust data foundations, align technology investments with business objectives, and ensure workforce buy-in. Tailored, proprietary AI solutions will allow companies to fine-tune technology for specific applications, giving them a competitive advantage. In 2025, artificial intelligence (AI) and digital innovation will be at the forefront of transformation in the manufacturing industry. As businesses pivot toward technology-driven strategies, AI is set to redefine operational efficiency, drive growth, and secure long-term competitiveness, according to a new survey of 100 manufacturing chief financial service officers from accounting, tax, and advisory firm BDO. In its newly published 2025 Manufacturing CFO Outlook Survey, BDO found that advanced tools such as agentic AI, edge AI, and digital twins will revolutionize manufacturing by enhancing productivity, optimizing decision-making, and increasing supply chain agility. AI to be at forefront of digital transformation in 2025 manufacturing A growing number of manufacturers recognize the strategic importance of AI. 32% are adopting or expanding AI for supply chain management, the report shows. This shift reflects a broader industry trend to leverage technology to streamline operations and meet rising consumer demand. CFOs will be central to this transformation. 53% expect their involvement in strategic […]

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Plan proposes the establishment of several institutions to strengthen Nepal’s digital infrastructure. Shutterstock Aarati Ray In a push towards digital transformation, Nepal’s E-governance Board, under the Office of the Prime Minister and Council of Ministers, introduced the ‘E-Governance Blueprint’ on Tuesday. E-Governance, or electronic governance, uses information and communication technologies (ICTs) like the internet, mobile computing, and networks to improve government and public sector services. Experts say if public input is valued and implemented well, the blueprint could pave the way for a paperless government. It promises digital interactions and a stronger connection between the state, private sector, and citizens. “By reducing bureaucratic inefficiencies, it could usher in a new era of technology-driven governance,” says Chiranjibi Adhikari, vice-president of the Federation of Computer Association Nepal and CEO of One Cover Private Limited. The blueprint was initiated as per Clause 7 of the Electronic Governance Commission (Formation and Operation) Order, 2079. The first meeting of the Electronic Governance Commission, chaired by the Prime Minister on April 30, 2023, mandated the development of the blueprint. Following this, on September 2, 2024, the E-Governance Board formed a Draft Revision Committee, consisting of representatives from key government agencies, including the Ministry of Communications […]

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Flag of Vietnam Vietnam is making giant steps toward wholesale digital transformation, with a chief of the ruling party calling for lawmakers to integrate emerging technologies into key sectors of the economy. Party General Secretary To Lam of the ruling CPV disclosed in a speech to members of the National Assembly that digital transformation is within reach for the Southeast Asian country. Lam shared his views during a group debate in the National Assembly seeking to inject life into Resolution No. 57, an ambitious plan by the ruling government to advance science and technology in the country. In late 2024, Vietnam unfurled Resolution No. 57, which was designed to put the country among the top 50 nations in digital transformation by 2030, signaling investment in infrastructure and training. Lam argued in favor of removing traditional institutional bottlenecks that characterize government-backed policies. According to Lam, the lowest-hanging fruit for parliament will be overhauling the bidding law to prioritize purchasing high-quality scientific equipment rather than focusing on the cheapest alternative. The party chief argues that prioritizing the cheap options will turn Vietnam into a “dumping ground” for obsolete technologies, which will delay the country’s technological ambitions. On the floor of parliament, […]

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