Market Watch

Walking the floor at NADA 2025 , one thing became immediately clear: digitization is not just a topic of conversation; it is the conversation. From insurance verification to dealership management systems (DMS), vehicle scanning, and auctions, every booth—without exception—was showcasing its digital transformation. The industry is not just embracing technology; it is being reshaped by it. This shift should not surprise anyone. We live in a world where digital convenience reigns supreme, from how we shop to how we consume entertainment. The auto industry is following suit, replacing outdated, manual processes with streamlined, efficient digital solutions. And once this shift begins, there is no turning back. Just as we are inseparable from our smartphones, the 500+ booths at NADA proved that the automotive industry is now inextricably linked to the digital world. The Digital Evolution of Vehicle Buying One of the most noticeable trends at NADA 2025 was the tech-driven revolution of car buying at dealerships. Previously, vehicle inspections depended on subjective human judgment. Now, AI-powered scanning instantly assesses a car’s condition and provides real-time pricing insights. Soon, these systems will go even further, enabling the immediate transfer of ownership of the vehicle and even facilitating payments for customer […]

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Organizations across all industries are facing challenges to develop complex products that require strong collaboration across domains and disciplines. The A&D industry is no exception. Digital innovation will be a requirement to address the new complexities within development and production lifecycles. Transforming the aircraft industry means transforming the way data is managed. Digital innovation can help with unifying the use of data throughout an organization, and across the A&D ecosystem. As a digital enabler, digital continuity can accelerate operations like supply chain. Creating an intelligent supply chain, one driven by data and digital innovation, will ensure the efficiency, consistency, orchestration and compliance of new products on the market, industrial resources and associated services. Data has never been more critical. Digital continuity is the path forward. It works as a digital twin, a kind of metaverse allowing for the centralization of data. Most importantly, it plays a crucial role in collaboration across the enterprise. According to a report from the Capgemini Research Institute , 73% of A&D organizations now have a long-term roadmap for digital twin technology, and investment is ramping up, being projected to increase 40% from the previous year. So, why is Digital Continuity the answer for the […]

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Reinvention does not occur in isolation. The Omniverse Africa Summit, scheduled from February 25 to 28, 2025, at the Landmark Event Centre in Lagos, with an expected attendance of over 10,000 participants, aims to catalyse collaboration and broaden business potential across Africa and beyond. The Summit seeks to expose entrepreneurs, business leaders, key innovators, investors, and policymakers to trends and forces beyond their usual scope of analysis. The Digital Transformation Room is hosted by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and supported by its co-funders: the German Federal Ministry of Economic Cooperation and Development (BMZ), the European Union, and the Swiss Agency for Development and Cooperation (SDC). This room is dedicated to tackling pressing business challenges while exploring untapped opportunities, with a particular focus on digitalisation and innovation. Why Attend? The summit offers an exciting program designed to inspire, engage, and connect: Digital Transformation Room: A dedicated space focusing on the digitization of MSMEs and showcasing cutting-edge solutions revolutionising African businesses. MSME Clinic: A unique opportunity for MSMEs to receive free advisory services from seasoned business experts and digital consultants, addressing key challenges and exploring strategies for growth. Deal Room: Witness innovative startups pitching to investors and shaping […]

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Driving Digital Transformation: Enterprise Application Allied Market Research published a new report, titled, " Driving Digital Transformation: Enterprise Application Market to Hit USD 527.40 Billion by 2030 at 8.2% CAGR." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage. Rise in adoption of a customer-centric approach by companies, competitive advantages over other software, and adoption of cloud and mobile applications have boosted the growth of the global enterprise application market. Rapid changes in business model software and trends of cloud technology in enterprise application software are expected to open new opportunities in the future. Request Sample Report (Get Full Insights in PDF – 380 Pages) at: https://www.alliedmarketresearch.com/request-sample/630 The global enterprise application market size was valued at USD 238.36 billion in 2020, and is projected to reach USD 527.40 billion by 2030, growing at a CAGR of 8.2% from 2021 to 2030. The enterprise application industry is segmented into by component, solutions type, deployment, […]

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Mari Cross, Chief Customer Officer and Frank Resink, EVP, Global Professional Services at Infor Photograph: (Infor) Enterprises usually have multi-year technology roadmaps, which means moving to the cloud is going to happen, but the shift needs to be gradual and without disruption. Organizations in sectors such as manufacturing, construction, and healthcare in particular, continue using highly customized on-premise ERP systems. While these systems get the job done, they restrict agility, scalability, and AI-powered insights. Modernization carries the threat of service downtime, annoying clients and affecting brand image. To upgrade legacy systems, switch to cloud infrastructure, or introduce AI-driven automation, companies need to find a fine balance—be innovative while maintaining a smooth experience for their users. According to Mari Cross, Chief Customer Officer , and Frank Resink, EVP Global Professional Services , enterprises can achieve modernization without disruption by focusing on customer-centric strategies, leveraging phased implementation, and ensuring proactive communication. In this article, they share key insights, best practices, and real-world examples of how organizations can successfully transform while maintaining a frictionless customer experience. “Innovation and customer support go hand in hand,” says Mari Cross. “We are fully committed to supporting all our products while continuously investing in new solutions. […]

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It is human nature to try to seek short cuts. However technology cannot solve issues that are fundamentally human in their nature. For all the current mad scramble for all things-AI, strategy, structure, culture and working practices must first be put in place for “Digital Transformation” to succeed, otherwise what are we transforming from and to … and why? We have identified six critical success factors (which happily all begin with P) … and argue that this is not about Digital Transformation at all. This is good old fashioned change management, accelerated by the possibilities of the digital age. It is tempting to see Platforms as potential silver bullets but without Planning, Process, Policy, Practices and People you risk spending a lot of time (and money) chasing a dream. At PTI we have long-recognised that a consolidated approach to the 6 P’s is vital for success. Yes, technology is critical but no more so than the others. Would love to get your views! In and amongst the various challenges of a successful digital transformation is the assumption that it is all about technology, that the right platform will somehow paper over the various cracks in the business. It’s a […]

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VIENTIANE (Xinhua): Laos’ Ministry of Technology and Communications will host Lao Digital Week 2025 to drive digital transformation, promote the digital economy, and foster technological innovation. The event is scheduled to take place from April 2 to 6 in the Lao capital Vientiane, under the theme of "Building Resilience and Sustainable Digital Infrastructure for Laos," Lao Economic Daily reported on Monday. The event will provide a platform to showcase cutting-edge innovations from local and international startups, offering opportunities for digital products to compete in international contests. It will also contribute to the implementation of the Ninth Five-Year National Socio-Economic Development Plan and national digital strategies. Key activities will include a high-level forum on digital transformation, seminars on artificial intelligence, blockchain, and Industry 4.0, as well as various competitions. The event will offer participants the opportunity to promote and showcase their innovations on national and international stages. – Xinhua

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Photo Credit: Pixabay Greece-based bank Eurobank has announced a partnership with IT services firm LTIMindtree to enhance customer experience. Under this multiyear cooperation, the two organisations will improve banking operations and build innovation IT services for Eurobank and its subsidiaries. The collaboration has been enabled by Fairfax Digital Services and it will include the establishment of a Global Delivery Center in India. Alongside the recently established LTIMindtree Greece office, this center will drive technology modernisation, and digital innovation as well as enhance and maintain critical banking applications. This initiative will empower Eurobank Group to meet growing customers’ demands as it expands its services. As part of the multi-year relationship, LTIMindtree has been selected as the Services Partner for Eurobank Luxembourg’s Temenos implementation program, providing maintenance, data migration, quality assurance, and post-production support services to the bank. “We are thrilled to announce our partnership with Eurobank as they embark on an ambitious journey to modernise their banking infrastructure technology platform. Our expertise in cutting-edge IT services and seamless Temenos implementation services positions us uniquely to deliver innovative solutions that meet the future needs of Eurobank,” said Srini Rao, EVP & Chief Business Officer Europe, LTIMindtree. “Our journey to becoming a […]

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Software companies are seeing significant shifts as digital transformation continues to shape global markets. According to a recent finance report , Software as a Service (SaaS) stocks have surged by 30.2% over the past six months, greatly outperforming the S&P 500 index, which experienced a modest rise of 9% during the same period. Qualys , established in 1999, stands out in the cybersecurity domain with a market cap of $5.05 billion. Despite its positioning as a trailblazer in subscription security, it faces scrutiny due to a high forward price-to-sales ratio of 8.2x. Conversely, Box , a cloud storage company started in 2005, offers services for secure document sharing and collaboration. It currently trades at a valuation ratio of 4.6x forward price-to-sales, yet experts advise caution given market variables. The digital advertising space sees Integral Ad Science (IAS), founded in 2009, positioned for growth with its focus on ad verification and optimization, appealing to investors with a more modest 3x forward price-to-sales ratio. By leveraging data from the IndexBox platform, the broader tech industry’s trajectory reveals that despite AI’s impact on certain sectors, businesses like IAS could potentially benefit from market adjustments and evolving digital needs. Market’s Future Outlook As […]

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Shafaq News/ On Monday, Iraqi Prime Minister, Mohammed Shia Al-Sudani, inaugurated the Digital Transformation and Automation Center at the headquarters of the Ministry of Higher Education and Scientific Research. According to a statement from PM’s media office, during his visit to the center, he examined the new system for implementing automation and removing paperwork, in line with the government’s plan to carry out administrative reforms, streamline processes, and eliminate bureaucracy and unnecessary procedures. The statement added that “in his remarks at the inauguration, the Prime Minister highlighted the achievement of digital transformation and automation and the adoption of modern technology, beginning with the Ministry of Higher Education and Scientific Research, which is expected to provide advanced and innovative solutions through its scientists, experts, and faculty members.” He also mentioned the High Committee for Digital Transformation, which he chairs and includes key ministers, to ensure that digital transformation is implemented as a comprehensive policy rather than fragmented efforts. Additionally, following a study by a technical committee, the decision was made to create a National Center for Digital Transformation and a National Center for Cybersecurity. “The Prime Minister affirmed that all procedures—from student applications to admissions, as well as employee and […]

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