Market Watch

The Ethiopia-based bank aims to transform its retail and SME loan processes DUBAI, UAE, Feb. 2, 2023 /PRNewswire/ — Newgen Software, a global provider of low code-based digital transformation platform, NewgenONE , today announced that Bank of Abyssinia, one of the fastest growing banks in Ethiopia has onboarded Newgen for end-to-end automation of retail and small and micro enterprise (SME) loan types. With the loan origination solution , built on NewgenONE, the bank will streamline the origination, processing, tracking, and disbursement of loans. The solution will be used in 750+ branches spread across Ethiopia. The Bank will leverage Newgen’s platform with capabilities such as business rule engine , workflow management , and document management and ensure 360-degree process visibility in the business activity monitoring and reporting. The robust system will equip the bank to meet the growing business demands and allow them to transform digitally and scale operations to handle high-volume transactions. "Newgen’s loan origination solution will enable us to respond faster to customer queries and requests. It is vital for us to offer a premium user experience to our valuable customers. Newgen’s solution will help us achieve operational excellence and business innovation, enabling us to stay ahead of […]

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LambdaTest Accelerates Digital Transformation for Enterprises LambdaTest Launches Digital Experience Testing Cloud to Accelerate Digital Transformation for Enterprises LambdaTest’s digital experience testing cloud will enable enterprises to test for omnichannel experiences on custom-designed, robust, and scalable infrastructure LambdaTest, the leading continuous quality testing cloud platform, has announced the launch of digital experience testing cloud for enterprises. The offering will enable enterprises to accelerate their digital transformation by providing a best-in-class, 360-degree test execution and orchestration platform coupled with insightful test analytics and customizable deployment options. According to Forrester’s Best Practice Report titled ‘Optimize Your Digital Experience To Compete For Customers’, “No matter how embedded your brand is in customers’ lives today, if you stop meeting their expectations, it’s easy for them to switch to a competitor tomorrow. As the ratio of digital to nondigital customer interactions continues to increase, both digital customer experiences and the data that firms collect about them will evolve in ways that will challenge and reward insights-driven, customer-led organizations.” Enterprises across the globe are striving to cater to the growing needs of digital-native customers. This translates to developers constantly working to provide a high-quality experience to customers while applications are undergoing continuous change. Such a […]

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Summary At the virtual annual ARC Industry Forum Asia titled Accelerating Industrial Digital Transformation and Sustainability on July 12-14, 2022, Hexagon participated as a Platinum Sponsor. Registrations touched 1,600+ delegates for the two language tracks – Japanese and English. This ARC View will cover the highlights of the presentations made by speakers from Hexagon in both the language tracks. In the Japanese track, Hiroshi Osaka, APAC Business & Operations Director, Asset Lifecycle Intelligence Division, focused on introducing Smart Digital Reality into the Japanese market, which is being promoted globally by the company. In the session on Asset Management Advances, Kevin Price, Vice President, Digital Assets Strategic Advisor, Technical Product Evangelist, spoke about the company’s industry agnostic Enterprise Asset Management (EAM) solution. Hexagon’s Approach to Enabling Industrial Autonomy Hexagon defines itself as a digital reality company that promotes autonomy for industrial development. The company aims for automation through data utilization and further autonomy. First, looking at the current state of data utilization, which is the basis of autonomy, the amount of data generated has increased exponentially due to the trends of digitization, IoT, and Digital Transformation (DX). On the other hand, utilization of data has not kept pace. Data utilization […]

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Provided by Adobe Stock. Image provided by Smith Publicity. "Business as usual is no longer valid," Kamales Lardi writes at the start of The Human Side of Digital Business Transformation , a book that leverages decades of business and consulting experience to craft a human-centered roadmap to successful digital transformation. Practically bursting with comprehensive research and interviews with global business figures, this is a wide-ranging, eminently readable volume that engages the heart and mind with a thorough, practical and ultimately optimistic manual for success in the Fourth Industrial Revolution. It would honestly be intimidating in its intellectual weight if the writing wasn’t so engaging. Vividly illustrated with historical and current examples, Lardi brings real-world strategies for success, which she shares with an easy, conversational style that sucks you into the pages and simply won’t let you go. This is essential reading, especially for anyone involved in digital marketing and customer engagement. Image provided by Smith Publicity. Putting people first "Digital business transformation is a fundamental change of an organization’s culture, operations and ecosystem by leveraging technology to create value," Lardi writes. "The type of leadership and culture required can be described as agile and adaptable, one that is purpose-driven […]

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The acquisition enables SEW to deliver end-to-end digital customer and workforce experiences, together with the trusted Integration platform for all IT-OT environments, will accelerate utilities’ digital transformation and grid modernization. IRVINE, Calif.–(BUSINESS WIRE)–SEW, the leading provider of digital customer and workforce experience cloud platforms, announced the acquisition of 3Insys – Provider of an Agile Integration Platform delivering complete system , data , and security integration of IT-OT environments for the Energy and Utility industry. 3Insys products allow utilities to standardize on how applications are integrated into an organization, making it easier to automate business processes and share data across all applications. This combination will build upon the industry leadership to better serve energy and utility providers and compete in the global marketplace. The acquisition will bolster SEW’s capability to deliver and implement end-to-end digital customer and workforce experience platforms and provide comprehensive solutions to address challenges associated with utilities and their critical infrastructure; solve underlying technical issues related to and integration of disparate and new systems that pose significant implementation challenges. The acquisition and the complementary strengths will help SEW deliver advanced solutions that simplify System, Data, and Security Integration and make integration as easy as plug-and-play. Headquartered in […]

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Multilayer Internet infrastructure is becoming crucial to the European economy and the daily use of technology for interoperability and community governance. European businesses and citizens are starting to recognise the real benefits of an interconnected world, and it is time for Europe to grab new opportunities by strategically supporting digital commons. On 31 January 2023 at 14h30-16h30 CET , the NGI Outreach Office hosted a High-Level Expert Webinar on Digital Commons and Digital Sovereignty . The webinar was held online with key speakers, including Gemma Carolillo , Deputy Head of Next Generation Internet Unit and Nele Leosk , Ambassador-at-Large for Digital Affairs of Estonia, and together with a list of high-level panel speakers , including Paul Keller , Director of Open Future, Kasia Odrozek , Director of Mozilla Foundation, Melanie Dulong de Rosnay , Director of CNRS Center for Internet and Society, and Laureen Van Breen , Director of WikiRate. For the first time ever, the high-level expert webinar discussed the role of the NGI initiative as a way to foster digital commons and European digital sovereignty. The event aimed to steer conversations around European digital priorities supporting an open, free, interoperable, and secure internet by exploring the latest […]

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United States Department of State Bureau of Democracy, Human Rights and Labor (DRL) Notice of Funding Opportunity (NOFO): DRL Advancing Environmental Journalism in the Southeast Asia Region This is the announcement of funding opportunity number SFOP0009360 Catalog of Federal Domestic Assistance Number: 19.345 Type of Solicitation: Open Competition Application Deadline: 11:59 PM EST on Monday, April 3rd, 2023 Total Funding Floor: $740,625 Total Funding Ceiling: $1,481,250 Anticipated Number of Awards: Approximately 1-2 Type of Award: Grant or Cooperative Agreement Period of Performance: 24 – 36 months Anticipated Time to Award, Pending Availability of Funds: 6 – 8 months A. Project Description The U.S. Department of State, Bureau of Democracy, Human Rights, and Labor (DRL) announces an open competition for organizations interested in submitting applications for projects that advance freedom of the press and transparency around infrastructure development in Southeast Asia through support for in-depth environmental journalism. ​Freedom of expression, freedom of the press, and independent journalism have faced significant challenges in Southeast Asia that have been exacerbated due to closing civic space in Asia, including during COVID-19. Nearly all ASEAN Member States rank in the bottom third of the World Press Freedom Index. Journalists who cover environmental issues are […]

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If changing the name of his company from Facebook to Meta wasn’t a big enough sign for how seriously Mark Zuckerberg is taking the potential of the metaverse, the company’s recent financial statements – revealing the billions of dollars sunk into the project so far – certainly should be. But what exactly is Meta betting on? Is there really so much potential in the metaverse to justify such massive investment? As forecasts by Statista for its Advertising & Media Markets Insights show, even looking at the conservative addressable market scenario (where 15 percent of the digital economy shifts to the metaverse), Zuckerberg is seemingly shooting for a slice of a large and lucrative pie. According to the analysis, the largest segments in terms of revenue in 2030 will be gaming ($163 billion) and e-commerce ($201 billion). By the end of the decade, the metaverse’s reach is projected to be 700 million people, worldwide, with the highest penetration rate forecast for South Korea.

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We live in a modern time where telemedicine can become one of the most significant solutions for the massive inequalities that LGBTQ+ communities have historically faced in healthcare. When I think back on my ob/gyn residency at Stanford University, I was trained to order a pregnancy test for every patient who could become pregnant who was undergoing surgery – patients were treated the same regardless of or without a discussion about sexual orientation, gender identity, or sexual behavior. This is just one example of the gaps in our system. I also witnessed an infertility doctor limiting his practice to married heterosexual couples, and even labor and delivery nurses caring for patients in same-sex relationships expressing discomfort with their assignments. I’ve often wondered why the FDA classifies testosterone as a controlled substance. According to the CDC, a drug or other substance is tightly controlled by the government because it may be abused or cause addiction. Labeling testosterone as a controlled substance makes gender-affirming hormonal therapy for transgender men and non-binary individuals restrictive. Even further, think about the language around abortion, like the Dobbs decision by the Supreme Court in June 2022. “Erosion of women’s rights” implies a cis woman bias, […]

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Gyor, Hungary–(Newsfile Corp. – February 3, 2023) – True Forex Funds, an exclusive trading firm that focuses on funding talented traders with the latest technology, has introduced new trading services that generate new opportunities in forex trading using the latest technology. True Forex Funds provides traders with capital up to $400,000, allowing them to trade larger accounts. The company’s goal is to provide opportunities for traders of all levels, including day traders, scalpers, swing traders, and new traders. The management team, with extensive experience in the forex industry, aims to create a transparent and efficient way of proprietary trading. With the new developments, the company prioritizes its traders and their success. It uses various trading strategies such as scalping, hedging, and automated trading to provide the suitable possible conditions for its clients during all market conditions. Moreover, the company has invested in technology and partnered with multiple liquidity providers to offer low spreads, constantly working to improve our services. It facilitates its clients with a wide range of trading solutions, including a personalized dashboard. True Forex Funds strives for excellence by working together with traders. To aid in this effort, the company has created a unique Dashboard that allows […]

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