AI and Industry 5.0 are definitely not hype

AI and Industry 5.0 are definitely not hype

The biggest players in manufacturing convened at ARC Industry Leadership Forum, and they were all-in on AI. Nico Duursema CEO, Cerilon, delivers his keynote address at the ARC Industry Leadership Forum in Orlando, Fla. (Image: ARC Advisory Group, taken from X, formerly Twitter) There is a lingering sentiment among the manufacturing community that the trends towards AI, digitalization and digital transformation (collectively referred to as Industry 5.0) are nothing more than marketing hype designed to sell new products and software. Nothing could be further from the truth. Granted, any new trend will always have an element of bandwagon business from marginal players and hype-riders looking to benefit from the latest trends. But in terms of how digital transformation and AI are being researched and implemented in the manufacturing industry, there is plenty of steak to go along with all that sizzle. One of the best ways to distinguish between an over-hyped trend and something with substance is to watch who is watching it. A great place to see that in action was at the recent ARC Industry Leadership Forum, which took place in Orlando, Fla. February 10-13. This year’s event was almost entirely focused on AI, digital transformation and […]

ADA and IPification Partner to Revolutionize Seamless Authentication for Digital Apps

ADA and IPification Partner to Revolutionize Seamless Authentication for Digital Apps

SINGAPORE, Feb. 24, 2025 /CNW/ — ADA, a leader in data and AI-driven digital transformation and all-in-one authentication solutions, and IPification, a pioneer in seamless mobile authentication, have announced their strategic partnership to drive next-generation authentication solutions for enterprises and digital applications. By leveraging carrier API-based authentication, ADA and IPification will enable businesses to enhance security, streamline user experiences, and reduce fraud, all without compromising user privacy or convenience. As part of this partnership, ADA will serve as a strategic go-to-market partner for IPification, ensuring seamless enterprise adoption and integration of authentication solutions. With a robust network across enterprises and mobile operators, ADA already provides a holistic approach to security, offering seamless carrier API-based authentication alongside multi-channel verification via SMS, WhatsApp, email, and other regional OTTs. This business and platform integration uniquely positions ADA to deliver a comprehensive authentication ecosystem that caters to the full spectrum of enterprise needs. "ADA is committed to transforming digital experiences with the power of data, AI, and technology," said Srinivas Gattamneni, CEO at ADA. "Our partnership with IPification marks a significant step in redefining authentication standards, enabling our partners to provide users with seamless, one-tap security that enhances both trust and engagement." IPification’s […]

Digital transformation a must for financial sector

Digital transformation a must for financial sector

KARACHI: State Bank of Pakistan (SBP) Deputy Governor Saleemullah has stressed that digital transformation is no longer optional but it is imperative for financial institutions and called for making investment in advanced analytics, artificial intelligence and automation alongside development of regulatory frameworks that balance innovation with stability. He was speaking at the 16th SaarcFinance seminar titled "Challenges and Opportunities in the Capacity Building of Central Banks and the Financial Industry: Lessons for Saarc Countries," organised by the SBP at the National Institute of Banking and Finance (Nibaf), Islamabad on Monday. The event brought together experts, policymakers and delegates from member countries of the South Asian Association for Regional Cooperation (Saarc) to discuss the critical issues shaping the future of central banking and financial systems. In his address, Saleemullah emphasised the transformative impact of technological advancements, geo-economic shifts and climate change on central banking. He also highlighted the growing role of AI, machine learning and blockchain in enhancing the efficiency, inclusivity and affordability of financial services. The deputy governor outlined three key challenges facing central banks and financial institutions. Firstly, the accelerating adoption of AI, Big Data analytics and blockchain necessitates urgent reskilling of central bank workforce to keep pace […]

PRS International Expands Global Digital Transformation Services

PRS International Expands Global Digital Transformation Services

PRS International Group of Companies, a global powerhouse in media, technology, and business transformation, is reshaping industries worldwide with its forward-thinking approach to innovation. Operating globally and partnering with more than 2,500 businesses across sectors including media, healthcare, finance, and education, PRS International is pioneering the integration of Artificial Intelligence (AI), Blockchain, Cloud Computing, and Cybersecurity. The company’s innovative solutions are helping businesses generate over $5 billion in combined revenue annually by driving operational efficiency, enhancing customer engagement, and unlocking new growth opportunities. PRS International’s transformative services in digital marketing, branding, and content strategy are empowering organizations to thrive in an increasingly competitive digital landscape. With a global footprint and a track record of successful digital transformations, PRS International is shaping the future of business worldwide.At the core of the company’s success is the visionary leadership of S. Manimeghalai, Chairman of PRS International. Her relentless pursuit of creative and technological solutions has empowered the company to break boundaries and drive growth across industries. “Innovation is at the core of everything we do.we are here to transform businesses with the power of technology and creativity. We lead by example, creating possibilities that empower businesses to thrive in an ever-changing world,” […]

Hospitality industry: Post-COVID trends

Hospitality industry: Post-COVID trends

Let’s take a look(Pic: EdexLive Desk) News Benoît-Etienne Domenget, CEO of Sommet Education, sheds light on a few important trends Published on: Q How can hospitality businesses leverage Sommet Education’s expertise to stay ahead of digital transformation trends? A Our programmes train students and teams to use digital tools effectively, helping them streamline operations and free up time for meaningful customer interactions. By mastering data analytics, and smart automation, employees can enhance guest experiences while improving efficiency. Businesses can adapt, innovate, and lead in the digital era. Q Post-COVID we saw a lot of buzz around travel, for obvious reasons. Could you please highlight a few current trends for us from the industry? A The post-COVID travel boom has intensified the hospitality industry’s talent shortage, making it harder to find and retain skilled professionals. Businesses are focusing on upskilling, reskilling, and improving work conditions to attract talent while also leveraging technology and automation. At the same time, experience-driven travel is raising guest expectations, increasing the need for highly trained teams. To stay competitive, investing in hospitality education and leadership development is now more crucial than ever.

China drives AI industry growth as state-owned firms lead digital transformation

China drives AI industry growth as state-owned firms lead digital transformation

Illustration = ChatGPT DALL-E The Chinese government is restructuring its economic structure around advanced industries, emphasizing ‘high-quality productivity’ and focusing on accelerating the development of the AI industry through state-owned corporations. According to the ‘China ICT Market Trends 2025’ report by the National IT Industry Promotion Agency (NIPA) released on the 25th, China plans to integrate AI technology into various sectors, including manufacturing, healthcare, transportation, and agriculture, to establish the digital economy as a national growth driver. Notably, Tianyi Cloud, a subsidiary of China Telecom, is leading the establishment of AI infrastructure in China by developing a cloud-based AI computing network and AI infrastructure platform. The Chinese government formalized its commitment to nurturing the AI industry and enhancing global technological competitiveness by announcing the ‘AI+ Initiative’ as a national strategy in last year’s government work report. Consequently, the core AI industry’s scale is projected to reach 400 billion yuan (approximately 79 trillion won) by 2024, with the associated industry scale expected to reach 5 trillion yuan (approximately 987 trillion won). In relation to cloud computing, which is essential infrastructure for AI, a data center and security platform worth 260 million yuan (approximately 51.3 billion won) is being built in […]

Digital Transformation Summit 2025: A Groundbreaking Event that Celebrated Innovation and Tech Leadership

Digital Transformation Summit 2025: A Groundbreaking Event that Celebrated Innovation and Tech Leadership

In focus Magazine Dec 2024 advertise Mumbai: The Digital Transformation Summit 2025, hosted by Exito Media Concepts, wrapped up successfully, bringing together industry experts and thought leaders to dive deep into the evolving world of technology. The two-day event attracted top executives, innovators, and tech enthusiasts who shared their visions on how emerging technologies like artificial intelligence, cloud computing, and cybersecurity are transforming industries across India. The summit featured insightful talks from prominent speakers, including Purushottam Kaushik, Head of the Center for Fourth Industrial Revolution at the World Economic Forum. His keynote on “Digital Transformation: Theory vs. Reality” set the stage for meaningful discussions. Another standout session came from Ashwani Dhar, VP at Concentrix, who gave a fascinating presentation on “Key Technologies Crafting the New-Age Narrative.” Anand Deodhar, Group CIO at Force Motors Ltd., also delivered valuable insights on sustainability in the digital age, specifically for CIOs. One of the event’s most exciting moments was the Generative AI Panel Discussion, moderated by Prashant Parashar, SVP at Delhivery. The panel explored how AI is poised to drive economic growth, spark innovation, and create societal benefits for India. The summit also tackled essential topics like serverless cloud architectures, data-driven enterprises, and […]

PROLIM Welcomes Nathan Rajen as Chief Technology Officer to Drive Innovation and Digital Transformation

PROLIM Welcomes Nathan Rajen as Chief Technology Officer to Drive Innovation and Digital Transformation

PROLIM Welcomes Nathan Rajen as Chief Technology Officer PROLIM, a global leader in digital transformation solutions, is pleased to announce the appointment of Nathan Rajen as Chief Technology Officer (CTO). With over 30 years of experience in leading technology, strategy, and innovation across Fortune 100 corporations and consulting firms, Nathan will spearhead PROLIM’s technology vision, driving product innovation, operational excellence, and strategic growth. Nathan is a distinguished technology leader with a proven track record of leveraging AI, ML, IoT, PLM, ERP, MES, IIoT, Big Data, and Cybersecurity to drive transformative enterprise initiatives. Throughout his career, he has successfully led digital transformation and enterprise solutions at renowned companies such as Ford Motor Company, Hewlett Packard Inc., General Motors Corporation, Tech Mahindra, Siemens Information Systems, and Joyson Safety Systems. Beyond corporate leadership, Nathan also serves as an Advisory Board Member for technology executives and AI startups in Biotech, Cybersecurity, and Enterprise Collaboration, further solidifying his expertise in shaping the future of digital enterprises. In his new role at PROLIM, Nathan will focus on accelerating technological advancements, optimizing service delivery, and expanding the company’s global footprint. His deep domain expertise across Automotive, Aerospace, Healthcare, Energy, Consumer Packaged Goods, Industrial Heavy Equipment, and […]

Digital transformation for trusts: Pushing the NHS digital shift

Digital transformation for trusts: Pushing the NHS digital shift

image: ©sturti | IStock The NHS is accelerating its digital transformation, driven by government targets and the need for efficiency. Funding gaps, legacy systems, and varying digital literacy pose significant challenges. A phased, people-centric approach to the NHS digital shift is crucial for sustainable change For trusts facing a lack of funding and unpredictable patient demands during winter health crises, for example, knowing where to start when bringing in new technology can be challenging. However, The value it holds has been seen across the private sector; for NHS trusts, it holds the potential to free up staff capacity, streamline processes, and better manage high patient volumes. The NHS’s digital transformation journey With government targets requiring all trusts to have an Electronic Patient Record (EPR) by 2026, with 90% of trusts already achieving this, the NHS is certainly taking the necessary steps towards digital change. Additional government initiatives, such as the recently announced plans for an NHS app upgrade, have also set the tone for a greater focus on new technology. While the sector is moving in the right direction, there is still a long way to go before it can tap into the benefits of wider digital transformation. Bottlenecks […]

Mukesh Ambani Pledges Over Rs 50,000 Crores For Assam’s Digital Transformation

Mukesh Ambani Pledges Over Rs 50,000 Crores For Assam’s Digital Transformation

Mukesh Ambani has set a groundbreaking vision for Assam’s future, announcing that Reliance will more than quadruple its investment to exceed Rs 50,000 crores over the next five years. This ambitious plan focuses on making Assam a model of digital and technological progress. Building on the success of Reliance Jio, which has already transitioned Assam into the 5G era, the next step involves establishing a high-performance computing infrastructure and an AI-ready data center. These advancements are poised to revolutionize multiple sectors: education will benefit from AI-assisted teachers, healthcare from AI-assisted doctors, and agriculture from AI-assisted farmers. Additionally, this initiative will empower Assam’s youth to learn and earn from home, further fueling regional growth and innovation. Join us as we track this transformative journey toward a digitally advanced and economically robust Assam, setting a new benchmark for sustainable development.