Estonia makes digital transformation deals with Saudi Arabia, including e-residency

Estonia makes digital transformation deals with Saudi Arabia, including e-residency

An Estonian company will help develop the Saudi Arabian digital residency program, a government-verified digital identity that provides access to a country’s digital infrastructure and business environment. The new business agreement is part of a rising digital governance exchange between the Northeastern European country and the Gulf state. A deal for developing the Saudi mResidency program was signed last week between Estonian digital identity company B.EST Solutions and Professional Solutions, a Saudi firm focused on digital products. The partnership will focus on implementing mobile identity solutions to support secure cross-border services The virtual government-verified identification project was created to attract global talent and investment, according to an announcement. B.EST Solutions’ m-Residency product was first implemented in 2020 in Azerbaijan. The scheme is a counterpart to Estonia’s E-Residency which has been online since 2014, giving entrepreneurs remote access to the country’s expansive digital infrastructure – since January, 100 percent of Estonia’s digital government services have been available online. The agreement was signed during the LEAP 2025 technology conference in Riyadh which welcomed an Estonian business delegation led by the Estonian Association of Information Technology and Telecommunications (ITL). “Estonia’s ICT sector has long been at the forefront of secure digital services, […]

Burundi sorts out collaboration terms with IFC for digital transformation project

Burundi sorts out collaboration terms with IFC for digital transformation project

Burundi expects the implementation of its digital transformation agenda to get a boost as avenues for collaboration are being discussed with the International Financial Corporation (IFC), an affiliate of the World Bank. Recently, officials of the IFC met with the Executive Secretary for Information and Communication Technologies of Burundi. While full details of the discussion were not disclosed, it is understood that the meeting was an opportunity for both parties to explore ways though which the country can implement its digital transformation initiatives via public-private partnerships, Agence Ecofin reports . This meeting with the IFC team comes just months after the government concluded a Memorandum of Understanding (MoU) with Vietnam to sharpen collaboration on digital projects. Considered one of the poorest countries in the world, Burundi is looking to build a digital economy driven by a properly-established digital public infrastructure. In 2022, the East African nation got the approval of the World Bank for the “Digital Foundations Project for Burundi” – a project that is aimed at increasing broadband internet access, especially to underserved communities, and enhancing government’s capacity to deliver public services through digital channels. The project, estimated at about $92 million, was launched in September last year […]

Wise: Expanding Market Coverage And Digital Transformation To Drive Its Success

Wise: Expanding Market Coverage And Digital Transformation To Drive Its Success

(13min) Summary Wise plc leverages competitive pricing and high liquidity to drive demand and sustain growth, especially in cross-border money transfers. The company has shown consistent revenue growth, with Q325 revenue up 13% YoY and nine-month cumulative revenue reaching £1.0B. Increasing market penetration, particularly in Southeast Asia, and the freelancing boom present significant growth opportunities for Wise. After recent pullbacks, Wise’s stock is underpriced with upside potential, supported by technical indicators and a DCF model showing a 41% potential increase. We Are Two decades ago, we had to wait at least a day or even go to a remittance center to claim the money our loved ones or clients sent. But today, money transfers can be completed instantly via personal computers and/or

Change Management Statistics By AI, Technology And Digital Adoption

Change Management Statistics By AI, Technology And Digital Adoption

Edited by Rohan Jambhale Editor TABLE OF CONTENTS [ show ] Introduction Change Management Statistics: Change management is an important part of how businesses run today. Knowing the latest facts and figures about change management can help companies understand the challenges they face and the opportunities they can take advantage of. This article will explore the most recent and interesting change management data, giving us a look into how businesses handle change. From the influence of new technology to the role of leadership, these Change Management Statistics show the strategies and trends that help companies manage and adapt to change. Editor’s Choice Change Management Statistics stated that almost 47% of companies that use change management are more likely to reach their goals than the 30% that don’t. Only 34% of change projects are successful. Almost 79.7% of businesses need to make changes every two to five years. One in three CEOs didn’t get the results they wanted from past transformation projects. Two-thirds of workers suffer from burnout, which leads to failed transformation efforts. Workplace stress makes up 8% of national healthcare costs. The digital transformation market is expected to grow to $1,009.8 billion by 2025 . 29% of employees […]

MASL World Redefines the Future of Smart Cities and Digital Transformation

MASL World Redefines the Future of Smart Cities and Digital Transformation

Varinder Singh Jawanda MASL World, a leader in ICT solutions, has been revolutionizing industries with cutting-edge technologies since 2000. From advanced railway signalling to AI-driven smart city solutions, MASL is shaping the future of digital transformation. The company’s rebranding reflects its commitment to innovation and global expansion, aiming to enhance urban mobility, public safety, and industry resilience across sectors. Varinder Singh Jawanda, Chief Executive Officer of Millennium Automation Systems Limited (MASL World) shares more in an exclusive interaction with Abhineet Kumar of Elets News Network (ENN). Edited excerpts: In December 2024, MASL underwent a rebranding to reflect its expanded vision and services. Could you elaborate on the strategic reasons behind this rebranding and how it aligns with your company’s future goals? At MASL WORLD, we’ve always believed in the power of technology to drive progress. Since our inception in 2000, we’ve been committed to helping businesses and institutions navigate an increasingly digital world. That commitment has never changed, but what’s changed is the scale at which we can now operate. This rebranding is a reflection of our growth and evolution. In the year 2000, we started as a manufacturer of computer devices, working with industry leaders like Intel and […]

Bank Nizwa signs partnership agreement with Network International to advance its digital transformation journey

Bank Nizwa signs partnership agreement with Network International to advance its digital transformation journey

Driving the nation’s digitalization agenda forward, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman has signed a strategic agreement with Network International to enhance compliance initiatives. Image Courtesy: Bank Nizwa Muscat: Driving the nation’s digitalization agenda forward, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman has signed a strategic agreement with Network International to enhance compliance initiatives. This partnership underscores Bank Nizwa’s commitment to pioneering innovative solutions that enhance banking convenience for customers, fostering trust and security, and elevating the overall banking experience while aligning with the nation’s vision for a digitally empowered economy. By embedding this comprehensive fraud management system into its operations, Bank Nizwa seeks to enhance transactional security, minimize fraud-related risks, and ensure uninterrupted banking services for its customers. This initiative underscores the bank’s dedication to maintaining transparent banking practices and operational resilience, setting a benchmark for advanced fraud prevention in Oman’s financial sector. Highlighting the importance of this partnership, Mr. Mohammed Al Hashmi, Chief Compliance Officer, at Bank Nizwa, stated, “This collaboration marks a pivotal milestone in Bank Nizwa’s digital transformation journey. We are steadfast in our mission to set benchmarks for secure […]

Future Industry Growth of Healthcare Digital Transformation Services Market: Types, Applications, Drivers, Ongoing Trends, Future Demand, Challenges, Top Companies, and Forecast 2025-2030 | ScienceSoft, Intellias, Appinventiv

Future Industry Growth of Healthcare Digital Transformation Services Market: Types, Applications, Drivers, Ongoing Trends, Future Demand, Challenges, Top Companies, and Forecast 2025-2030 | ScienceSoft, Intellias, Appinventiv

Healthcare Digital Transformation Services Market Healthcare Digital Transformation Services Market size is projected to grow a CAGR of 16.4% during the forecast period 2025-2030 A newly released report on the "Healthcare Digital Transformation Services Market 2025" provides a comprehensive view of the industry with market insights on the competitive scenarios and market segments with complete representation through graphs, tables, and charts to study the market easy to use and compare the numbers and user-friendly. The Healthcare Digital Transformation Services Market research report is the hub of market information, which precisely expounds on critical challenges and future market growth prospects. Also, The research study provides a complete qualitative and quantitative analysis to help shareholders obtain a thorough grasp of the Healthcare Digital Transformation Services Market and its crucial dynamics. Furthermore, The report provides a professional in-depth examination of the Healthcare Digital Transformation Services Market’s current scenario, CAGR, gross margin, revenue, price, production growth rate, volume, value, market share, and growth are among the market data assessed and re-validation in the research. The report will also cover key agreements, collaborations, and global partnerships soon to change the dynamics of the market on a global scale. Detailed company profiling enables users to […]

What digital transformation is and means for Procurement

What digital transformation is and means for Procurement

Adobe Stock Procurement professionals understand the need for a digital transformation, but they do not necessarily understand what a digital transformation involves. This leads to partial success at best and failure at worst. Procurement clearly feels the need for embracing the digital. In the 2023 Deloitte Global CPO Survey , which was co-produced with help from Spend Matters Chief Research Officer Pierre Mitchell, 72% of respondents considered digital transformation as a top priority for the year, making it joint second after “Driving operational efficiency.” 42% saw investments into such a transformation as a top strategy for delivering value — making it second again. In the time since that survey’s publication, the ever-increasing attention given to generative AI has only made the need for the widespread implementation of digital technologies even more felt. And yet, the survey’s authors also note that many CPOs do not know how to begin the transformation process and others failed in the transformation or did not reap the promised rewards. Of course, the digital transformation of procurement faces many hurdles, hence our “ Procurement digital transformation survival guide for practitioners ,” which touches on every step of the process and the possible pitfalls waiting in […]

GCT spearheads digital transformation through Microsoft 365 solutions

GCT spearheads digital transformation through Microsoft 365 solutions

Tumelo Nqoepe, M365 Technical Lead at GCT. (Image: GCT) The digital revolution is here, and businesses that fail to adapt risk falling behind. In a world where agility, security and collaboration define success, organisations need cutting-edge cloud solutions to stay ahead. Microsoft 365 (Modern Workplace) is the ultimate game-changer, enabling businesses to drive efficiency, innovation and seamless operations. Tumelo Nqoepe, M365 Technical Lead at GCT, shares how driving digital transformation is possible with M365 solutions. Leading the future of cloud innovations Global Computing & Telecoms (GCT) does not just implement technologies – it empowers businesses to achieve more with Microsoft 365. Nqoepe explains: "As an M365 Technical Lead, my mission is to design, implement and manage Microsoft’s cloud services to align seamlessly with business objectives. From deploying Teams, SharePoint and OneDrive to integrating them into enterprise systems, we aim to ensure organisations fully leverage M365’s capabilities." Beyond implementation, the role involves continuous optimisation, governance and security enhancements to ensure seamless and secure collaboration across organisations. GCT’s M365 Managed Services Support ensures ongoing efficiency, while solutions like Microsoft Intune enhance security and device management. Additionally, GCT’s M365 Tenant-to-Tenant Migration services simplify transitions for businesses undergoing mergers, acquisitions or restructuring. Transforming […]

Thales : and Sopra Steria announce strategic partnership enabling digital transformation of European Air Traffic Management

Thales : and Sopra Steria announce strategic partnership enabling digital transformation of European Air Traffic Management

Thales and Sopra Steria announce strategic partnership enabling digital transformation of European Air Traffic Management 18 Feb 2025 Share this article Facebook Twitter LinkedIn Thales and Sopra Steria form a strategic partnership to drive the digital transformation of the Air Traffic Management (ATM) ecosystem in Europe. The two companies will develop and offer a digital platform- OpenSky Platform – and associated services to support greener aviation. This ultra-secure, open-architecture platform offers long-term flexibility and interoperability for ANSPs (Air Navigation Service Providers) in Europe. This initiative by Thales and Sopra Steria supports the objectives of the latest European Air Traffic Management Master Plan to harmonize flight operations in Europe. © photographer Ralf Maassen Paris, FRANCE – February 18, 2025 – Thales (Euronext Paris: HO), a global high technology leader, and Sopra Steria (Euronext Paris: SOP), a major player in the European Tech sector, announce a new multiyear partnership, which will lead the digital transformation of the Air Traffic Management (ATM) industry in Europe. The two players will combine their industrial and digital expertise in ATM to offer Thales’ OpenSky Platform, a safe, secure digital platform, together with associated services to support sustainable aviation and modernise European ATM. Through its dedicated […]