Market Watch

via Qualcomm Wassim Chourbaji, Senior Vice President, Government Affairs & Public Policy EMEA at Qualcomm Competitive markets and strong partnerships have always encouraged companies to innovate. Policies promoting such an environment allow for more inventions and creations within national, regional and international markets. The EU leads the world in understanding the broad, interlinked forces driving technology innovation in the digital sector. The approval and enforcement of the Digital Markets Act (DMA) exemplify this leadership and are critical to preserving an open digital ecosystem. The development of communications network infrastructure is another important area that can spur innovation. The EU has recognized the need to incentivize investment in digital infrastructure through ‘virtuous circles’ to bring reliable and secure connectivity. The physical network sits at the core of the digital ecosystem, but is also at the heart of our economies and societies. Moreover, the EU has focused on the strategic value of semiconductors as engines of the digital transition that foster Europe’s competitiveness. The EU Chips Act has highlighted the need for a geo-diversified production and coordinated strategy amongst countries to balance global dynamics, security needs and supply priorities. Fostering talent In addition to the regulatory environment, it is important to […]

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Upcoming ISG Provider Lens ™ report will evaluate providers of consulting, implementation and managed services for distributed networks of devices delivering business advantages STAMFORD, Conn.–(BUSINESS WIRE)– #ERP –Information Services Group ( ISG ) (Nasdaq: III ), a leading global technology research and advisory firm, has launched a research study examining solutions and services enabling enterprises to use Internet of Things (IoT) technologies to achieve a wide range of business objectives. The study results will be published in a comprehensive ISG Provider Lens ™ report, called Internet of Things — Solutions and Services 2023, scheduled to be released in June. The report will cover companies offering services including strategic planning, implementation and ongoing management of IoT systems across an organization. Enterprise buyers will be able to use information from the report to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients. A growing number of enterprises worldwide are rolling out IoT infrastructure for improved operations, more resilient supply chains, greater environmental sustainability and other purposes. Networks of sensors, devices, storage and processors located throughout an organization can improve visibility, control and efficiency. Combined with […]

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JHVEPhoto Global consulting firm Accenture (NYSE: ACN ) may face some near-term headwinds from curtailing advertising and marketing activity as a result of macro challenges. The company’s long-term prospects however are solid. Business Overview Accenture is one of the world’s largest consulting firms. The company is widely diversified with operations in all continents around the world (the company classifies their operations into three geographic markets (i) North America (ii) Europe and (iii) “Growth Markets” namely Asia Pacific, Latin America, Africa and Middle East) and serves clients across a broad range of industries including technology, health, financial services and products. For FY 2022 (year ended August 2022), Accenture reported revenues of USD 61.6 billion, a record increase of 22% YoY. All geographic segments reported growth. North America, Accenture’s biggest market accounting for 45% of revenues, saw revenues increase 23% YoY to USD 29.1 billion, accelerating from last year’s 13% YoY revenue growth. Europe, Accenture’s second biggest market accounting for about a third of revenues, saw revenues rise 21% YoY to USD 20.3 billion, again accelerating from the previous year when revenues rose 16% YoY. Growth Markets, the smallest market accounting for around a fifth of revenues, saw revenues increase 21% […]

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Jakarta, Indonesia – Indosat Ooredoo Hutchison (IOH) has completed the integration of a national network that uses the Multi Operator Core Network (MOCN) technology to provide a wider reach, better indoor service quality, and faster internet experience for customers. President director and CEO of Indosat Ooredoo Hutchison, Vikram Sinha, says “Technology is the key enabler in a nation’s digitalisation, and its advancements depend highly on the telecom industry. In line with our vision to become the most preferred digital telco of Indonesia, we at IOH are committed to continue providing a reliable network to improve customers’ digital experience. We believe that better experiences will increase people’s productivity, contribute to the nation’s digital economy’s future growth, and ultimately empower every Indonesian.” Supported by Ericsson , IOH has completed the network integration process in the Jakarta, Bogor, Depok, Tangerang, and Bekasi (Jabodetabek) area as one of the fastest network integration projects. Head of Ericsson Indonesia, Jerry Soper, says “Ericsson is pleased to support Indosat Ooredoo Hutchison (IOH) in completing the MOCN integration project. We believe this project can maximise the effectiveness of the existing network infrastructure and significantly improve customer experience throughout Jabodetabek. Definitely this is also part of our efforts […]

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Vinod Nair ‘Digital transformation’ has become part of the business lexicon – a catch-all term for the journey which every organisation, regardless of size or sector, must take towards operating effectively and securely in today’s increasingly digital world. You may already be familiar with some of the steps in this journey – establishing and developing digital infrastructure, enhancing processes with a spawling array of next-gen solutions and services, and attempting to secure your organisation and its digital assets from external threats. We tend to view digital transformation as being closely associated with technology, which, in the case of the current generation of IT solutions, means the integration of technologies like AI, ML, Automation, Data Analytics, and IoT into the day-to-day functions of a business with a view to improving the way it works. However, digital transformation is also, at its very core, centred around humans, too. And, here’s the thing – for a company to say that it is truly enabling digital transformation, the synergy between humans and technology must work seamlessly hand-in-hand to achieve business goals. That’s no mean feat, but it’s a challenge worth taking on. The opportunities which next-generation solutions and services offer businesses represent something […]

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ICYMI: Governor Ron DeSantis Announces First Awards Through Broadband Opportunity Program More Than $144 Million Awarded to 58 Projects Across 41 Florida Counties MILTON, Fla. — Today, Governor Ron DeSantis announced the first set of awards through the Broadband Opportunity Grant Program to expand access to broadband internet for Florida’s underserved communities. More than $144 million was awarded for 58 projects in 41 Florida counties for broadband internet expansion that will impact nearly 160,000 unserved residential, educational, business, and community locations. “I am proud to be in Santa Rosa County to announce the first awards through Florida’s Broadband Opportunity Program,” said Governor Ron DeSantis . “Broadband internet access creates jobs and enhances educational opportunities for Floridians. I look forward to continued investments through this program to ensure Florida families have access to important resources no matter where they live.” “Broadband internet service is essential for workforce development, education, and healthcare. Thanks to Governor DeSantis’ leadership, Florida has taken monumental steps to bring reliable, high-speed internet to all Floridians,” said Department of Economic Opportunity Deputy Secretary Ben Melnick . “There is no doubt that the projects awarded today will shape the future of broadband in Florida, and we look forward […]

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Japan recently announced an increase in its defense budget so that within five years it will be the third largest in the world. "Israel is important to us. There are many companies here with specialization in cyber. NTT Israel is trying to team up with local startup companies. There is also the potential for acquisitions and investments," said Kazu Yozawa, CEO of NTT Security Japanese Prime Minister Fumio Kishida recently announced an increase in the Japanese defense budget from 1% of the country’s GDP to 2%. This means that within five years the budget will be the third largest in the world after China and the U.S. In an interview with Calcalist, Kazu Yozawa, CEO of NTT Security, the Japanese giant’s cybersecurity subsidiary, says that this is a golden opportunity for Israeli cyber companies. "We work here with many Israeli cyber companies through our innovation center. Our ongoing work with the Japanese government allows us to connect the new contracts with many Israeli companies that offer good solutions for the needs of the Japanese economy." Kazu believes that in the near future we will see an Israeli company be acquired by the Japanese giant. "Israel is very important to […]

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Share Splitting up Google’s ad business would potentially give publishers and advertisers more choice. Google spent the better part of two decades building the world’s most powerful digital advertising machine . Breaking it up would send shock waves through the $500 billion online-ad market. If the U.S. government wins the antitrust lawsuit it filed last week and the Alphabet Inc. GOOG -3.29% internet company is required to spin off technology for brokering ad deals across the web, the separated businesses would be valued at tens of billions of dollars, according to ad and media-industry executives. Continue reading your article with a WSJ membership

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ABB has been streamlining its business to boost profitability, following pressure from shareholders. ABB Ltd. ’s electric-vehicle charging business has raised additional funds from minority investors including Porsche SE and General Atlantic in a second and final round before listing the division. The division, ABB E-Mobility, sold a 12% stake for 325 million Swiss francs ($355 million) to General Atlantic’s BeyondNetZero climate fund, Singapore’s sovereign wealth fund GIC, UK-based investment firm Just Climate and Porsche AG’s holding company Porsche SE, according to a statement Wednesday. The value of the company remains 2.5 billion Swiss francs, the same as in the previous pre-IPO placement round. In November, ABB sold an 8% stake for about 200 million francs to equity fund Interogo Holding AG, family office Moyreal Holding AG and ABB E-mobility Chairman Michael Halbherr. The private placements, which now amount to 525 million francs in funding, will be used to grow the charging business, as the Swiss conglomerate still pursues plans for a listing. ABB, which maintains a 80% holding, in June delayed an IPO of the unit that was set to raise $750 million because of the market rout. The industrials company offers a range of chargers and related […]

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Company’s Supplier Diversity Program Recognized by Women’s Business Enterprise National Council WILMINGTON, Del., Feb. 1, 2023 /PRNewswire/ — DuPont (NYSE: DD ) today announced it has been named one of the 2023 America’s Top Corporations for Women’s Business Enterprises (WBEs) by the Women’s Business Enterprise National Council (WBENC). The America’s Top Corporations award is the only national award honoring corporations for world-class supplier diversity programs that reduce barriers and drive growth for women-owned businesses. Continue Reading 2023 America’s Top Corporations for Women’s Business Enterprises "We’re honored to be recognized as a WBENC 2023 America’s Top Corporation working to increase opportunities for women-owned suppliers and entrepreneurs," said Miguel Gonzalez, Chief Procurement Officer at DuPont. "At DuPont, we are committed to helping our diverse suppliers thrive because their innovation and motivation are critical to our ability to grow and win in the marketplace. Strengthening our supply chain is a priority; cultivating and developing relationships with diverse suppliers in the communities where we live and work is our goal." "WBENC is proud to honor the 2023 America’s Top Corporations for Women’s Business Enterprises, including DuPont, for their continuous and growing commitment to creating business opportunities for women-owned businesses," said Pamela Prince-Eason, President […]

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