Market Watch

Topping a record-breaking year of market growth and success in management operations, Al-Ghazi Tractors Limited, one of Pakistan’s largest agricultural equipment manufacturers, has begun a digital transformation and overhaul of its IT infrastructure with an investment of PKR 2 billion. With the integration of the state-of-the-art SAP S/4HANA, an innovative ERP solution, at its core, the company is revamping strategic decision-making as well as the overall operational strength of its existing ecosystem. Digitalization has become fundamental to business sustainability and growth in the modern age. Through the latest in data analysis and performance management systems, Al-Ghazi Tractors Limited aims to build on its promise to deliver unprecedented levels of customer satisfaction as well as shareholder confidence. The SAP S/4HANA allows modern enterprises to adopt a more responsive, flexible, and resilient approach toward dynamic consumer demands and ever-changing market requirements. Through a host of advanced technologies including AI, analytics, IoT, and machine learning, this newest software suite will enable Al-Ghazi Tractors Limited to streamline its Enterprise Resource Planning (ERP) making it faster, swifter, and simpler. Expressing his views on the development, Javed Iqbal, Acting CEO, Al-Ghazi Tractors Limited, stated, “Al-Ghazi Tractors Limited has always embodied an industry-leading approach in terms […]

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Both customer and employee experience have seen an accelerated transformation with the introduction of cloud technologies, were significantly affected by the pandemic, and now see a remarkable shift in terms of new approaches in leadership. In customer experience, the introduction of cloud-based solutions has accelerated automation and enhanced client success prediction accuracy. As a result, numerous essential concerns like data collecting and reporting, decision-making, and data optimization are being addressed. Tiffany Willcox , CTO at Marie Curie , Karen Bach , and Laura Dawson , Founder of Leaderly will discuss the challenges around the Omnichannel Customer Experience , looking at the challenges faced when managing multiple touchpoints and building optimal architecture to support the expectations of the ‘modern customer’. Tech leaders are focusing more on developing the right technologies to support and enhance customer experience. Challenges for teams include finding effective strategies for using customer data to fuel experience decisions and developing tech evaluation criteria for their organisation. Measuring investment and determining ROI plays a big part in this and proving the ROI for customer experience is essential for organisations to continue investment and growth. Mattias Goehler , CTO EMEA for Zendesk will share how some of the key […]

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Tata Consultancy Services (TCS), India’s largest information technology (IT) services company by market cap, announced a £600 million expansion of a digital transformation contract with UK-based insurance and financial services firm, Phoenix Group. The deal, which will count among the largest deals signed during the ongoing final quarter of FY23, will see TCS offer its ‘BaNCS’ platform to the Phoenix Group, including handling customer administration and servicing of Phoenix’s life insurance subsidiary, ReAssure. As part of the project, TCS will offer end-to-end customer service digitisation for Phoenix, and build self-service tools. The former will also implement analytics to improve customer satisfaction and retention for the company. TCS will also use tools built by its UK Innovation Lab to offer service improvements to employees and customers of the group, the two companies said in a joint statement. The deal announcement comes after TCS reported the third successive quarterly sequential decline in total contract value (TCV) of new deals signed through the quarter, after recording its highest-ever quarterly new order booking of $11.3 billion in last year’s March quarter (Q4FY22). Since then, the total value of net new deals fell to $7.8 billion as of the December quarter, announced by the […]

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Nokia incorporates new capabilities into Lab-as-a-Service to support Industry 4.0 use case validation and enterprise digital transformation. Solution now includes baseline and performance testing of third-party and enterprise devices and equipment. Streamlines customer proof of concept tests using Nokia Modular Private Wireless and Digital Automation Cloud solutions. New dedicated facility to open in Bangalore, India, expanding the service to more industry partners and customers. Espoo, Finland – Nokia today announced that it is expanding its Lab-as-a-Service (LaaS) solution to include the validation testing of industrial user equipment and third-party devices connecting people and machines over Nokia digital automation cloud (DAC) and modular private wireless (MPW) networks. This will allow enterprises to streamline the testing of equipment and Industry 4.0 use cases over private wireless to assess how they will help achieve their digital transformation goals. A dedicated device testing facility in Bangalore, India will allow more customers to accelerate Industry 4.0 service adoption . Nokia LaaS will enable enterprise customers to assess how devices and equipment working over 4.9G/LTE and 5G private wireless networks, will support their implementation of Industry 4.0 use cases. Leveraging Nokia Digital Automated Cloud (DAC) and Modular Private Wireless (MPW) customers will be able to […]

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The Nigerian Exchange Limited has set up its digital and technology products advisory panel as part of its plans to expand its digital transformation agenda. NGX disclosed this in a statement on Tuesday signed by its head of marketing and corporate communications, Clifford Akpolo. He said the panel will be providing a gathering for the company to meet with the capital market community and the financial technology ecosystem to expand its digital product offerings. Members of the advisory panel appointed are: Tope Kola-Oyeneyin; Iyin Aboyeji; Kola Aina; Idris Saliu; Fope Adelowo; Richmond Bassey; Tayo Oviosu; Wale Ayeni; Ahmad Zuaiter; and Adedeji Olowe. NGX further disclosed the panel will oversee provision of insight into product innovation and proposing ways to increase its technology listings. The panel is also aimed to suggest ways to increase data and digital market liquidity; provide thought leadership by developing whitepapers, creating frameworks and making recommendations; and a host of advisory matters like market trends, risks and sentiments. NGX said it recognises the potential of diverse viewpoints and aims to leverage the extensive networks of experts across the budding technology ecosystem and the capital market in designing breakthrough frameworks to position itself for global competitiveness.

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Webinar to explore the challenge of the Port Authority of New York and New Jersey’s three-year digital transformation programme (© Resul Muslu /Dreamstime) Digital technology can save time, reduce cost, and improve safety but, to secure those benefits, you must focus on people. That’s the theme of the second webinar at the Global Construction Summit, which features a case study from Aecom and the Port Authority of New York and New Jersey. Representing Aecom is Wes Beaumont MCIOB, associate vice president, digital transformation leader at its US East and Latin America division. Alongside him will be Sadia Janjua, chief of digital transformation & innovation at the Port Authority. Together, they will take the audience through the challenge they face on the Port Authority’s three-year digital transformation programme. Beaumont said: “Its overall objective is to connect the sum of its parts to not just deliver world class service, but to also reimagine the workplace of the future. “We have four strategic themes: digitisation and automation; controlling our projects; improving working relationships; and a culture of continuous improvement. However, developing a lasting legacy of change cannot be achieved without the collective endorsement of people, from senior leadership to early career professionals.” […]

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Digital transformation projects often rely on the updating or replacing of apps, but that can put a brake on the speed of progress. Many enterprise apps rely on established systems like Java which have been around for a long time but still remain popular. We spoke to Kim Weins, VP of products at open source web development platform Vaadin , to find out more about the challenges of bringing enterprise apps up to date. BN: What is the role and prevalence of Java in enterprise applications? KW: Java continues to dominate as the workhorse for enterprise applications because it’s easy to use and can handle heavy performance loads. Java has a huge ecosystem of frameworks, components, and tools. For the last 25 years, organizations have been building applications using Java, so the number of enterprise Java applications is enormous. Even today, Java is still one of the most popular programming languages (number three according to RedMonk and Developer Nation ). With a huge ecosystem of components and tools available, I don’t see its enterprise users becoming less satisfied. BN: What are the biggest challenges developers face when building enterprise applications? KW: The two biggest challenges that developers face are […]

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Digital health service transformation is occurring at scale in the NHS and internationally. A stage at Digital Health Rewired 2023 will showcase exciting developments and share lessons from successful programmes. The Digital Transformation Stage will feature leaders in digital transformation who will reveal how they tackled the most challenging problems in healthcare. Highlights of the programme include a keynote by Sebastian James, president and managing director of Boots UK and ROI, on tackling ‘wicked’ problems in healthcare. Rich Corbridge, chief information officer at Boots Health, will give a talk on personalised healthcare on the high street. One of the high street’s most famous brands, Boots is making a highly unusual move into the digital health market. It is the first year the company has appeared at the Rewired festival. The two-day stage will also present a keynote panel on digital transformation during 2022 in Wales, Scotland, and Northern Ireland. “A year in digital transformation” will feature speeches by Rhidian Hurle, chief clinical information officer Wales, Stephen Gallagher, director of digital health and care for the Scottish Government, and Dan West, chief digital information officer at the Department of Health in Northern Ireland. Other speakers to look forward to on […]

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Board of Directors approves a 500,000-share repurchase program PITTSBURGH, Feb. 8, 2023 /PRNewswire/ — Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the fourth quarter and full year ended December 31, 2022. Additionally, the Company announced that the Board of Directors authorized a share repurchase program of up to 500,000-shares of Company common stock over the next two-years. Fourth Quarter 2022 Highlights: Total consolidated revenues declined by 3% to $57.2 million, compared to revenues of $59.0 million in the 2021 fourth quarter; The Company’s Data and Analytics Services segment reported revenues of $9.1 million, compared to $10.1 million in the 2021 fourth quarter; The IT Staffing Services segment achieved revenues of $48.1 million, compared to $49.0 million in the 2021 fourth quarter, as its consultants-on-billing declined during the quarter; GAAP diluted earnings per share were $0.13 in the fourth quarter of 2022 versus $0.32 in the 2021 fourth quarter; Non-GAAP diluted earnings per share were $0.23 in the fourth quarter of 2022 versus $0.34 in the 2021 fourth quarter; and During the fourth quarter of 2022, the Company appointed Michael Fleishman as the new Chief Executive Officer […]

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Brazil’s mining regulator ANM launched a public consultation on hiring consultancy services to support internal digital transformation . Comments may be submitted via email through February 22, but companies will also be able to schedule individual virtual meetings, a press release said. ANM ‘s systems are considered obsolete and many procedures are still done on paper. Digitization is expected to speed up processing.

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