Market Watch

SYBRIN, a leading provider of digital transformation services, announced on Friday, February 24, 2023, that it is extending its operations to the Philippines strengthening its foothold in the market with an official launch gathering the Philippines’ digital transformation leaders in the industry. “This is an exciting time for us as we enter the Philippine market given our ties with developing markets and our cultural affinity with the people. We are eager to join the local community and contribute to the nation’s development within the digital technology space. There is a large opportunity in the country as the government looks to digitize its various processes, and we believe that we are well positioned to provide the solutions that can help make this happen", says Marius Mare, Group CEO of Sybrin. Sybrin realizes the immense potential of the Philippines as one of the most vibrant economies in Southeast Asia, with strong growth prospects and industries that are driving the country forward. Given that Sybrin has excelled in comparable conditions in Africa with similar industries and technological environments, they are enthusiastic about their decision to enter the market as a first in Asia. The impetus for their expansion into the region is […]

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The new partnership with industry leaders Oncore and Radware will help businesses achieve their digital transformation goals. The post Oncore and Radware Partnership: Revolutionizing the Digital Transformation Landscape appeared first on Radware Blog . https://blog.radware.com/uncategorized/2023/02/oncore-and-radware-partnership-revolutionizing-the-digital-transformation-landscape/

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Overview Digital transformation, sustainability, and cybersecurity were the major themes at the 27th annual ARC Advisory Group Industry Forum in Orlando from Feb. 6-9. With approximately 900 attendees, the Forum featured dozens of end user case studies and presentations, many workshops, panel discussion sessions and networking opportunities. A key takeaway from the week is that while the COVID pandemic was a sufficient impetus for many end users to begin their journeys into digital transformation, the impact of increasing sustainability and ESG-related business requirements are providing end users with even more of an incentive to pursue these programs. Many end users, however, have embarked on digital transformation projects only to find that they lose momentum for a variety of reasons, but most often due to inability to scale. Forging a Successful Digitalization Strategy Tuesday’s keynote sessions focused on the advancement of digitalization strategies and some of the issues surrounding recent lack of momentum in digitalization projects. Allen Pertuit, vice president of downstream projects at Shell, discussed Shell’s transformation from a conventional integrated oil and gas company to a diversified energy company. Gabriel Gonzalez-Alonso, senior vice president and head of corporate development at ZF Group, spoke about his company’s journey to […]

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Meraky Tech is a digital factory based in Washington, DC, that operates primarily in West Africa. Their mission is to develop cutting-edge digital solutions to unlock every company’s hidden potential. California – February 24th, 2023 – Meraky Tech was founded in 2019 by Stephanie Assi and is expanding into new markets each year. Meraky Tech works with companies in French-speaking African countries ranging from Guinea and Ivory Coast to Togo, Senegal and, soon, Benin; but also English-speaking African countries. According to the founder of Meraky Tech, “Stephanie’s goal is simple. We are building Africa’s Next Big Thing, and my fight is to make Cote d’Ivoire a tech hub similar to India.” "We are an ambitious company’s partner; Meraky Tech provides 360° support in digital transformation," she added. Stephanie Assi Born and raised in Cote d’Ivoire, Stephanie moved to the United States to study computer science. Stephanie was an experienced Lead Software Engineer in the United States with more than 12 years of experience and success building advanced SAAS products for large government and private organizations. As a technology entrepreneur with a passion for FinTech, Stephanie is a key stakeholder in other African fintech startups. E-reputation is an essential part […]

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Some of the digital strategies in SAP supply chain processes are: 1. Planning and Forecasting: SAP offers advanced planning and forecasting tools such as SAP Integrated Business Planning (IBP) that leverage machine learning algorithms to analyze historical data and make predictions about future demand for products. This enables companies to optimize their inventory levels, reduce waste, and improve customer service. For example, Coca-Cola uses SAP IBP to optimize its inventory levels and reduce costs. 2. Sourcing and Procurement: SAP Ariba is a cloud-based procurement platform that enables companies to streamline procurement processes, reduce errors, and improve supplier relationships. Ariba automates routine tasks such as purchase orders and invoice processing, while also providing a collaborative platform for buyers and suppliers to work together. For example, Siemens uses SAP Ariba to manage its procurement processes, reducing costs and improving supplier relationships. 3. Production and Manufacturing: SAP Manufacturing Execution System (MES) is a software platform that enables companies to automate and optimize their production processes. MES can be used to track production in real-time, optimize workflows, and reduce manual errors. For example, BMW uses SAP MES to automate its production processes, improving efficiency and reducing labor costs. 4. Warehousing and Inventory Management: […]

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PM Pham Minh Chinh speaks at the event. (Photo: SGGP) It also contributes to building an independent, self-reliant economy that integrates into the world extensively and effectively. PM Chinh, who is also Chairman of the National Committee for Digital Transformation, made the statement while chairing its 5th meeting via a videoconference on February 25. He said that digital transformation is a key task that must be carried out regularly and continuously at all levels, sectors and localities, with the active participation of the whole population, but with a focus and priority to avoid overlapping and wastefulness. Digital government is a key driving force leading the building of a digital economy, digital citizenship and digital society, contributing to successfully realizing the Resolution adopted by the 13th National Party Congress. The people and businesses should be at the center and motivation to be provided with better quality services, he said. About future key tasks, the PM asked the National Committee for Digital Transformation and relevant steering committees of ministries, agencies and localities to promptly build their own plans this year, focusing on the theme of the National Year of Digital Data, with clear roadmaps, goals and responsibilities of those involved. It […]

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Is the best real estate market opportunity since 2008 about to start? Is the best real estate market opportunity since 2008 about to start? Real estate billionaire Grant Cardone gave an extensive interview with Yahoo! Finance, and detailed why he feels we’re heading for a great opportunity to buy real estate. Cardone stated, “I believe we are entering the BEST real estate market opportunity since 2008. With the Fed raising interest rates, it has sidelined home buyers, which means prices are going to pull back. If you are an end-user looking to enter the housing market, now is a great time to buy a house cheaper than it would have been at the beginning of the year.” When asked about what his plans were for the rest of the year, Cardone stated, “I am an aggressive buyer through the end of the year and next year of income-producing real estate.” Sign Up for FREE Nutley Newsletter Get local news you can trust in your inbox. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. FOMC meeting minutes released, minimal impact on markets As previously announced the Federal Reserve released the minutes of […]

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Paul Bradbury Executive Summary Concentrix (NASDAQ: CNXC ) is well-positioned to benefit from the growing demand for CX services, as it has a diverse range of clients across industries and geographies. The company has also been successful in expanding its offerings through strategic acquisitions, which has helped to enhance its capabilities and broaden its customer base. While doing so, Concentrix has demonstrated consistent revenue growth, strong profitability, and healthy cash flow generation. The company has also set ambitious growth targets for the coming years, which I believe are achievable given its strong track record and favorable industry tailwinds. At current prices, I believe shares of Concentrix offer an attractive entry point and can generate a 3-year IRR in excess of 20%. Company Overview Concentrix is a global business services company that provides technology-enabled customer engagement and business performance solutions. The company offers a wide range of services, including customer care, technical support, sales, and digital marketing. They help businesses optimize their operations and improve customer experience by leveraging their expertise in data analytics, automation, and digital transformation. Concentrix works with clients across various industries, including technology, telecommunications, healthcare, and finance. With a global workforce of over 225,000 employees, Concentrix […]

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TheaDesign Intro Seeking Alpha is all about long-term investing and compound interest. Short-term trading (especially day trading when using either stock or options) does not fall into their wheelhouse and for understandable reasons. Take a short-term options trader for example and his corresponding activity in a given year. If we take a worst-case scenario, this person could easily make 1000+ trades a year and still report a net loss for a year depending on trading conditions. The lesson to be learned here is two-fold and should never be disregarded. For one, short-term options or speculators are trading their time for money or profit. This profit is not guaranteed and may even turn into a net loss at the end of the year. All things being equal though, the speculator is primarily working for money or currency, which would be a better term which is a big mistake (when one has an alternative) in my opinion in 2023. Why? Because the reported inflation rate of 6 to 8% is well below the REAL inflation rate and this is key. Therefore, a typical speculator would most likely need to see an annual nominal gain of something like 12 to 15%+ nowadays […]

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Alaskans who are considering improvements to increase their home’s energy efficiency may have new financial incentives to do so. Recent changes to tax laws will allow homeowners to receive more tax credits for qualified energy efficiency improvements . Ultimately, this can help reduce homeowners’ tax bills each year. There are two tax credit changes that can benefit homeowners (and in some cases, renters may also be able to take advantage): the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit. “Alaskans who are looking to improve efficiency in their homes have an opportunity to save money through reduced energy usage and by taking advantage of these new tax credits,” said Ethan Stoops, Program Information Manager for AHFC’s Research and Rural Development Department. “That includes credits for items that can be of particular benefit to Alaska residents such as heat pumps, rooftop solar panels, and exterior envelope improvements like new energy-efficient doors and windows.” Energy Efficient Home Improvement Credit The Energy Efficient Home Improvement Credit is equal to 30% of the total amount a homeowner spends on qualified energy efficiency improvements, residential energy property expenditures and home energy audits during the year. There are specific home improvement […]

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