Market Watch

The Digital FDI Initiative will help implement measures to create a ‘digital-friendly’ investment environment. The Big Picture Crowdsource Innovation The initiative will identify challenges and solutions to growing digital FDI: cross-border investment in the digital economy. Enabling digital FDI requires specific policies and measures vis-à-vis traditional FDI as digital firms operate different business models. This initiative opens the door for cooperation in other areas such as data policy, digital payments, digital skills and international agreements. Digital transformation is rapidly taking place, and we need the right governance frameworks to maximize its positive contribution and enable societies to prosper. The World Economic Forum and the Digital Cooperation Organization have launched a collaboration – the Digital FDI Initiative – to identify the biggest challenges to growing the digital economy by helping implement policies and measures that will create “digital-friendly” investment climates. Pakistan and Rwanda will be the first two countries to be supported by this new initiative to create an enabling environment for their digital future. More countries are in the pipeline to join the initiative and will be announced in the near future soon. With unemployment rates raised by COVID-19, the digital economy presents an opportunity to create innovative new […]

Click here to view original web page at www.weforum.org

By Jason Juliano Digital transformation is the integration of digital technologies into all areas of a business, fundamentally changing how it operates and delivers value to customers. It is a continuous improvement and innovation process that enables companies to stay competitive in an ever-changing digital landscape. Services related to digital transformation can include: Implementing new technologies such as cloud computing; Adopting new digital tools and platforms; and Redesigning and automating business processes to be more efficient and data-driven. Facts and Figures on Digital Transformation Outcomes There are several studies and research reports that have found that digital transformation can have a significant impact on small and medium-sized businesses. Some facts and figures that support this include: According to a survey conducted by Accenture, [1] companies that have fully embraced digital transformation and technologies have seen five times faster growth than their competitors; According to research by the United States Census Bureau, [2] businesses that have adopted e-commerce have seen an average increase in sales of 43%; and A study by Gartner [3] found that 89% of business leaders say digital is embedded in all business growth strategies. These are just a few examples of the many studies that have […]

Click here to view original web page at www.eisneramper.com

Ericsson CEO Börje Ekholm at the 2023 World Economic Forum Annual Meeting. The killer app for 5G will come with further investment in digital infrastructure In the tech-focused and even tech-adjacent sessions this week at the World Economic Forum Annual Meeting in Davos, Switzerland, leaders from the worlds of industry and government have touted the importance and inevitability of “digital transformation.” While there’s broader debate around that keyword, what it means, and if it really means anything, to the extent that WEF is a barometer, it’s a core consideration for how capital will be spent, how it will influence the global workforce, and what all that means for society and the economy. Ericsson CEO Börje Ekholm, speaking on a panel titled “Big Bets for Digital Industries,” said, “What we see is to digitalize enterprises, we will need to have improved connectivity, and it cannot be all wire-based. If you’re rotating machineries, it’s simply not possible” with wired connections. “I do believe that we are going to see this but where we are right now, we are at the [proof of concept] stage…They’re not industrialized applications yet. And I think…maybe we can say it’s a bit slower than we had […]

Click here to view original web page at www.rcrwireless.com

FedScoop Radio The Department of Defense is readying to release a new cybersecurity workforce strategy early this year. DOD CIO John Sherman says the Pentagon needs to think differently about how cyber talent comes in and out of government. Jonathan Reiber , vice president of cybersecurity strategy and policy at AttackIQ and former chief strategy officer for cyber policy in the Office of the U.S. Secretary of Defense, discusses what that plan should look like and discusses the broader threat landscape the Pentagon is facing. The U.S. Agency for International Development has a new chief information officer. Jason Gray has been CIO at USAID now for about six months, after six years as Department of Education CIO. In an interview with Scoop News Group’s Wyatt Kash and KPMG’s Daniel Gruber , Gray explains how e’s prioritizing digital transformation and service delivery. The Daily Scoop Podcast is available every Tuesday and Thursday afternoon. Listen more here . If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast on Apple Podcasts , Google Podcasts , Spotify and Stitcher . And if you like what you hear, please let us know in the comments.

Click here to view original web page at www.fedscoop.com

Advertisement Hewlett Packard Enterprise CEO Antonio Neri joins Yahoo Finance’s Brian Sozzi and Julie Hyman at the 2023 World Economic Forum in Davos, Switzerland, to discuss pivots toward renewable energy investments, data innovation, its supply chain, tech layoffs, and hybrid workspaces. Recommended Stories AdvertisementAdvertisement

Click here to view original web page at finance.yahoo.com

RESTON, Va.–(BUSINESS WIRE)–Siemens Government Technologies (SGT) today announced that Greg Bowman has been appointed senior vice president and Chief Strategy Officer (CSO). Bowman, who has held a range of increasingly responsible growth and business development roles since joining SGT in 2016 following a 25-year career in the Army, begins his new position today. Most recently he served as the Chief Innovation Officer and vice president of Corporate Development. As the only cleared entity and leading integrator of Siemens technologies and services for the federal government, Bowman will guide SGT’s strategic project development and partnerships by leveraging the intersection of Siemens’ deep focused-technology expertise with U.S. government imperatives in energy efficiency and resiliency, smart infrastructure, and digital transformation. Following a distinguished Army career culminating as the Strategic Military Law and Policy Advisor to the Secretary of Army, Bowman has brought a unique depth of policy, technology, and operational understanding for government customer challenges today. He has adeptly served in all facets of the SGT organization, including program leadership, business development, strategic partnering, and personally leads initiatives in trusted supply chain technologies and advanced microelectronics. “Greg is superbly qualified to take on this role for us at a critical time for […]

Click here to view original web page at wire19.com

Shivaami aims to help businesses in driving digital change in the post-pandemic world. Scores of women now shape that digital future. Chetana Chaudhari, CTO of Shivaami believes bringing women in technology can work wonders in an otherwise male-dominated field. When Punit Thakkar became an entrepreneur in 1997, he was clear he wanted to do something around the internet. However, the late 1990s was not really the internet age in India and few wanted to start an internet venture. “In 1997, not many talked about the internet, but I have been an internet enthusiast from the 1990s and I wanted to improve lives by harnessing the power of digital. I started a digital agency that was primarily doing web designing. I started with multimedia CD-ROMS and then moved to web designing since that was the need of the hour at that point,” says Thakkar. The business flourished, but Thakkar realised the need to evolve every 5-6 years, keeping in mind the path the IT industry traversed. “Every half a decade, we try to figure out if we are still relevant or are we outdated. We continuously look to reinvent and keep pace with the trend and in 2004, I started […]

Click here to view original web page at economictimes.indiatimes.com

At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock to support high-tech enterprises nationwide in such fields as AI, autonomous driving and quantum communication. The development of the digital economy is advancing in Datong, known as China’s “coal capital.” The coal-producing heartland in north China’s Shanxi Province boasts one eighth of the country’s coal reserves. While phasing out outdated coal production capacity, the city has been looking for alternative industries for long-term growth. With years of efforts, it has become the province’s pioneer in promoting the digital economy in an effort to achieve high-quality development. The city has built a total of 140,000 data center design racks and established a server capacity of up to 2 million units. Its computing output has become a new point of growth in a city which traditionally relied on fossil fuel resources. According to the annual session of the Shanxi Provincial People’s Congress, which concluded on Monday, the value of the province’s digital economy exceeded 500 billion yuan (about 74.6 billion U.S. dollars) by the end of 2022. In addition to Datong, other traditional coal-producing cities of Lyuliang and Yangquan in the […]

Click here to view original web page at www.macaubusiness.com

According to the Ministry of Education and Training, digital transformation is a must for teaching and learning in the 4.0 era. Teacher Do Thuy Quyen and her students The Ministry said that Covid-19 is both a challenge and an important test to evaluate the creativity and adaptation of the education sector, teachers and students in digital transformation. The use of digital technologies can help reduce the learning gap between learners in cities and rural areas. Born and growing up in the mountainous Northern province of Yen Bai, teacher Do Thuy Quyen, Kindergarten in Suoi Giang commune in Van Chan district, understands the difficulties and hardships of children in the highlands. At the age of 36, Ms. Quyen has 17 years of working with preschool students. Loving her students, she has made an effort to improve student outcomes. In 2018, when joining Microsoft’s Vietnam Creative Teachers Community, she had the opportunity to exchange and learn from colleagues in all corners of the country. She has used the Skype application to open interactive cross-border classes, connecting her classroom with the classes of other teachers in Vietnam and abroad. Teacher Quyen also built the project ‘Clean agricultural products – siding with children […]

Click here to view original web page at vietnamnet.vn

South African technology company Altron has appointed James Hickman as sales director for digital transformation. Hickman was formerly executive head of sales for solutioning, marketing and partnerships at Altron Karabina. Before that, he was managing director at Qli and previously held various positions at Microsoft South Africa. After registration with your email address and a password, you’ll get an 6-digit verification code which you need to enter in the next step. This will give you direct access to the selected article. Already have an account? Log in With your registration you will receive the daily TP:Today and occasional mailings from Telecompaper or partners. By clicking “Create your account”, you agree to the Terms and Privacy Policy Terms of Service and Privacy Policy

Click here to view original web page at www.telecompaper.com