Market Watch

A file photo of Roman Rimsa with the Sigli team | Image Credit: Sigli Is your company embracing AI or falling behind? This question is dominating every organisation and is the key question in every boardroom and conference room. While AI was always on the cusp of upending everything, not many saw it dramatically change our lives in such a short period. For businesses, the arrival of AI has been a wake-up call to not only adopt AI but rethink their digital transformation goals. The reality is that businesses have only now begun to look at digital transformation as a strategic initiative and not just another cost centre. For many, it has become a critical focus, with approximately 77 per cent of companies having initiated their digital transformation journey and according to BCG, business leaders expect 60 per cent higher AI-driven revenue growth and nearly 50 per cent cost reduction by 2027. However, only about 35 per cent of these organisations have successfully achieved their digital transformation objectives. This disparity highlights the challenges facing many companies, says Roman Rimsa , Managing Director at Sigli, an AI and data-driven digital product development and digital transformation company. The challenge of fully […]

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Hong Kong is set to embark on a transformative journey by making local stock market operations fully electronic and paperless starting early next year. The initiative, announced by the Securities and Futures Commission (SFC), can be explored in detail here . According to IndexBox, this change is expected to significantly streamline trading activities, impacting more than 2,600 listed companies over the next five years. The SFC outlined that individual investors will have the choice to maintain their existing physical share certificates or convert them to digital records. The commission is gathering market feedback on fee caps for different electronic processes until April 23. This initiative promises to increase efficiency in market operations and aligns with global trends toward eco-friendly practices. The SFC is also looking to improve communication and corporate governance for listed companies and private investors as part of this digital reform. Source: IndexBox Market Intelligence Platform Recommended posts

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CAIRO – 24 February 2025: Egypt is reinforcing its commitment to technology investment and digital transformation, securing its position among the top five African nations investing in technology in 2024, according to the Information and Decision Support Center (IDSC) of the Egyptian Cabinet. This achievement reflects the country’s ongoing efforts to enhance digital infrastructure and improve the quality of digital life. In 2024, Egypt ranked third in technology investments across Africa, with $297 million invested in 89 deals, underscoring its growing influence in the continent’s tech sector. Nigeria led the rankings, attracting $520 million in 103 deals, while South Africa followed in second place with $459 million across 67 deals. Kenya secured fourth place with $221 million from 59 deals, and Ghana completed the top five, recording $102 million in 17 deals. Beyond financial investments, Egypt has made notable advancements in the Digital Quality of Life Index 2024, a global measure that evaluates internet speed, cybersecurity, digital infrastructure, and the overall development of the technology sector. According to a report by Business Africa, based on data from the Surfshark Cybersecurity Company, the index reflects both the quality and accessibility of internet services in various African nations. A standout achievement […]

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Victoria Harbour, Hong Kong Hong Kong has ambitions to establish itself as one of the world’s leading digital hubs. We see this digital hub ambition as a positive development for Hong Kong to future-proof its position as an international finance centre and also diversify its economy to create new opportunities for growth. Having the right people with the right skills is a key building block for success in any venture, but in particular for cutting-edge innovation where there may not be well-trodden paths ahead. If Hong Kong wants to achieve its digital ambitions, it must be selective and forward-looking in attracting and nurturing the right talent. Bojan Obradović, HSBC’s Chief Digital Officer in Hong Kong Hong Kong heritage HSBC has a very long heritage here, and an important role now in helping Hong Kong move towards that vision in an audacious and sustainable manner. The bank is collaborating with government officials, regulators, entrepreneurs, innovation and technology hubs, and experts in academia, and taking part in joint working groups with the likes of the Hong Kong University of Science and Technology (HKUST). The aim is to promote technological transformation in the world of finance, with the projects we’ve been involved […]

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In a bid to continue to transform its digital infrastructure, Manchester City has announced a new global multi-year partnership with Publicis Sapient . The digital consultation company will become the Premier League club’s official digital business transformation partner, focusing on developing and enhancing the club’s digital ecosystem. Publicis Sapient will integrate its SPEED – Strategy, Product, Experience, Engineering and Data & AI – capabilities to optimise and grow the digital experience for both Manchester City officials and fans. Roel de Vries , Chief Operating Officer of the City Football Group, commented: “As a club, we are continuously working to strengthen our digital ecosystem. We are therefore delighted to welcome Publicis Sapient as the club’s official digital business transformation partner. “Through the new partnership, we will benefit from industry-leading software and innovative solutions that further reinforces our position at the forefront of technological advancement in the sport industry.” Furthermore, as part of the deal, Publicis Sapient will receive branding across the Etihad Stadium and Joie Stadium on pitchside LED advertising boards, enhancing its brand to viewers on matchdays. Nigel Vaz, CEO, Publicis Sapient, added: “We’re proud to partner with Manchester City on this transformative journey, harnessing our SPEED capabilities to […]

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Video Conferencing Market Size, Share & Growth Analysis In 2024, the global video conferencing market was valued at approximately USD 12.5 billion and is projected to reach USD 39.1 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 12.9% from 2025 to 2033. The video conferencing market is experiencing unprecedented growth as organizations across the globe adopt digital communication solutions to drive efficiency, collaboration, and remote work capabilities. In an era marked by rapid technological advancements and a shift toward distributed workforces, businesses, educational institutions, and government agencies are increasingly relying on high-quality video conferencing solutions to bridge geographical gaps and maintain seamless connectivity. The surge in demand for flexible, scalable, and secure communication platforms has spurred innovations that are redefining how meetings, webinars, and virtual events are conducted. This dynamic evolution is set to transform global communication landscapes and empower enterprises to remain agile in a competitive market. As stakeholders invest in next-generation technologies such as AI-powered meeting assistants, real-time transcription, and advanced security features, the video conferencing market is poised to offer enhanced user experiences and improved operational efficiencies. This industry provides an in-depth analysis of the market, covering an overview, analysis, drivers and restraints, […]

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Home » TRAVEL NEWS » United States, North America, Europe, Asia-Pacific, Latin America, Middle East, Africa: Digital Transformation in Smart Travel Industry Accelerates Global Tourism Growth Monday, February 17, 2025 Smart-travel-sector-market – travel and tour world The travel industry is undergoing a major shift as advancements in smart technology continue to reshape the way people experience travel. Industry experts have forecasted significant growth in the smart travel sector, with market value expected to soar from USD 28,763.8 million in 2023 to USD 126,889.6 million by 2033 , reflecting a strong 16% CAGR over the period. This rapid transformation is being fueled by innovations in artificial intelligence (AI), the Internet of Things (IoT), and data-driven personalization, all of which are designed to enhance convenience, efficiency, and security for travelers worldwide. Recent reports indicate that travel technology is playing an increasingly vital role in shaping the future of tourism, particularly as global tourism continues to recover. Experts have pointed out that travelers are now prioritizing seamless, automated, and hyper-personalized experiences , prompting businesses to invest heavily in cutting-edge solutions. From digital booking platforms to AI-powered security systems, the way people move across borders, stay in hotels, and navigate new destinations is […]

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Capgemini and the World Economic Forum have partnered to co-lead the Forum’s Digital Healthcare Transformation (DHT) Initiative, a groundbreaking effort to reshape global healthcare systems. This initiative leverages the potential of AI, health data, and digital technologies to improve patient outcomes, increase healthcare accessibility, and enhance systemic efficiency. Together, we are fostering public-private partnerships to scale digital health solutions, unlock the value of health data, and drive innovations that address critical global health challenges. Davos 2025 In the midst of growing technological convergence, where hybrid AI meets R&D and design meets data, we believe intelligent collaboration will deliver true impact and value for all. Read more The DHT Initiative represents a commitment to advancing a collaborative, data-driven approach to healthcare. By addressing systemic barriers, fostering trust, and encouraging collaboration, the initiative aims to enable stakeholders to harness the power of health data for actionable insights and transformative solutions. Acting as a global platform, the DHT Initiative has convened more than 150 organizations from sectors including medtech, pharmaceuticals, academia, government, multilateral organizations, healthcare providers and payers. This diverse community is united by the shared goal of improving health outcomes, accessibility and efficiency through transformative data usage. Insights from various meetings […]

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Key takeaways Adopting artificial intelligence has become necessary to stay competitive; its use will continue expanding. Line illustration of in-house CEOs and board members need to successfully create an AI vision for their organization. With the right strategy, CEOs and boards can leverage AI to elevate productivity and efficiency. # Generative AI Digital & data innovation Data & digital services Artificial intelligence Artificial intelligence has become an integral part of discussions in leadership meetings and boardrooms. Its adoption has rapidly become necessary to stay competitive and it will soon become an element of every key corporate function and workflow to increase insight, productivity and efficiency. With AI’s deployment as a foundational aspect of business success, board members and CEOs need to develop a plan which aligns AI with business strategy with an eye toward effective risk management and governance. While the middle market is experiencing a surge in the integration of AI and generative AI technology, 60% of companies feel they lack the vision and a plan for AI, according to the Microsoft 2024 Work Trend Index. Further, in the recent RSM Middle Market AI Survey: U.S. and Canada , 67% of organizations using generative AI report they need […]

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File photo: IFMA The Italian government, through the United Nations Development Programme (UNDP), has disbursed 100 million dollars in order to fund the implementation of the “Digital Flagship for Africa” project, which is aimed at supporting Mozambique’s digital transformation. The project is part of a wider initiative of the Mattei Plan programme, “which aims to accelerate the African continent’s development and, in this experimental phase, covers four African countries, namely Mozambique, Senegal, Ivory Coast and Ghana.” According to the representative of the Italian Digital Agency, Mauro Draoli, who was speaking on Thursday, in Maputo, during a Workshop on Systemic Thinking for Digital Transformation, Mozambique was chosen because it needs to set up technology incubators in different key sectors of the government and private sector, creating an environment where emerging startups in this area can develop their initiatives and skills. He explained that the project, which is part of the strengthening of collaboration between Mozambique and Italy in the field of digital transformation, is being implemented by the UNDP in collaboration with the Italian Agency for Digitalization. “It is aimed at improving digital public services, and strengthening digital capacities at institutional level”, he said. One of the institutions covered by […]

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