Growing Trend Of Manufacturer-Established B2B Marketplaces For Digital Transformation In Electronics: Key Trend in The Business-to-Business Electronic Global Market 2025-2034

Growing Trend Of Manufacturer-Established B2B Marketplaces For Digital Transformation In Electronics: Key Trend in The Business-to-Business Electronic Global Market 2025-2034

Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today! What Are The Latest Market Size Figures And Growth Trends For The Business-to-Business Electronic Market? Over the past few years, the size of the business-to-business electronic market has seen a consistent increase. The market, which will be valued at $35.55 billion in 2024, is anticipated to grow to $37.07 billion in 2025, with a compound annual growth rate (CAGR) of 4.3%. Factors such as the influence of mobile technology, widespread internet use, the advent of early e-commerce platforms, adoption of EDI, integration of ERP systems, and the impact of globalization have all contributed to its growth in the historic period. Expectations are high for a stable expansion of the business-to-business electronic market in the upcoming years, with projected growth reaching $43.07 billion in 2029 and a compound annual growth rate (CAGR) of 3.8%. This anticipated growth within the prediction period can be credited to factors such as the evolution of the API economy, increased emphasis on personalization, the proliferation of cloud-based solutions, escalating improvements in cybersecurity, and the extension of e-procurement. The forecast period will also see emerging trends such as data analytics […]

Sundar Pichai meets PM Narendra Modi in France, discusses 'India’s digital transformation’

Sundar Pichai meets PM Narendra Modi in France, discusses ‘India’s digital transformation’

Attending the Artificial Intelligence Action Summit in Paris, Google’s Indian-origin chief executive officer Sundar Pichai discussed “incredible opportunities” AI can bring to India with Prime Minister Narendra Modi. PM Modi met Google CEO Sundar Pichai in France on Tuesday during AI Action Summit.(X/@sundarpichai) Sundar Pichai also discussed how Google and India can work together on the country’s “digital transformation”. In a post on X, formerly Twitter, Sunday Pichai shared a glimpse of his meeting with Modi with the caption, “Delighted to meet with PM @narendramodi today while in Paris for the AI Action Summit. We discussed the incredible opportunities AI will bring to India and ways we can work closely together on India’s digital transformation.” PM Modi’s AI Action Summit address The meeting comes as PM Narendra Modi landed in France on Tuesday to co-chair the Artificial Intelligence Action Summit alongside French President Emmanuel Macron. He addressed the summit and pitched for a global framework for AI . He also said that collective global efforts alone can create governance and standards for AI that address risks and build trust while simultaneously promoting innovation. He also said that there’s a need to “skill and re-skill” people to make them ready […]

nCino Acquires Sandbox Banking to Fuel Banks’ Digital Transformation

nCino Acquires Sandbox Banking to Fuel Banks’ Digital Transformation

Banking solutions provider nCino has acquired Integration-Platform-as-a-Service (iPaaS) company Sandbox Banking . The deal, announced Tuesday (Feb. 11), is designed to bolster nCino’s ability to improve data connectivity and streamline operations for banks and credit unions. “Financial institutions frequently build new connections to support emerging products, user workflows, or external systems, but digital transformation is often slowed by time-consuming and costly integration challenges,” nCino said in a news release. “By leveraging Sandbox Banking’s technology, nCino will offer an integration hub to help financial institutions simplify these projects, eliminate redundancies, and seamlessly align data across core and ancillary banking systems, thereby driving key process improvements and accelerating the speed at which projects are implemented and live.” This approach, the release added, allows financial institutions to quickly provide customers with omnichannel experience while providing efficient, secure and cost-effective system interoperability with no technical bottlenecks. Chris Gufford , nCino’s chief product officer, said the acquisition followed several years of collaboration between his company and Sandbox Banking. “Banks and credit unions face critical demands for operational efficiency and regulatory compliance,” Gufford said. “This acquisition gives nCino a better ability to empower these institutions with a flexible, reliable data environment for greater agility to […]

MESI 4.0 Summit 2025: Global manufacturers reunite to accelerate digital transformation

MESI 4.0 Summit 2025: Global manufacturers reunite to accelerate digital transformation

12/02/2025 CRITICAL MANUFACTURING S.A. Following the success of the first edition of Critical Manufacturing’s MES and Industry 4.0 International Summit (MESI 4.0 Summit), the conference is set to return in 2025, offering a top-tier platform at which global manufacturing leaders will come together, innovate, and share ideas about their digital transformations. The two-day conference will take place from June 12-13 at the prestigious Alfândega Congress Centre in Porto, Portugal Under the theme of Connecting Global Manufacturing Champions, MESI 4.0 Summit 2025 will again bring together IT and operations experts in electronics, semiconductors, medical devices, and industrial equipment to discuss the latest smart manufacturing, Industry 4.0 technologies and their application. The summit will provide practical insights and effective strategies to help delegates stay ahead in an ever-competitive market, including exploring the role of MES in automating operations across multiple sites. The 2025 conference will also offer a host of new features focused on helping users understand emerging innovations, including a Technology Track dedicated to the future of AI, low code, devOps, and other next-gen solutions. Francisco Almada Lobo, CEO of Critical Manufacturing, shared his excitement about the upcoming event: "The response to our first edition was overwhelming, and we are […]

PM Modi meets Pichai in France, discusses 'India’s digital transformation’

PM Modi meets Pichai in France, discusses ‘India’s digital transformation’

Prime Minister Narendra Modi has met Google CEO Sundar Pichai on the sidelines of the AI Action Summit in Paris where they discussed the "incredible opportunities" AI will bring to India. The Indian-origin Alphabet Inc. CEO also discussed how Google and India can work together on the country’s “digital transformation”. On Tuesday, Prime Minister Modi co-chaired the Artificial Intelligence Action Summit alongside French President Emmanuel Macron in Paris. "Delighted to meet with PM @narendramodi today while in Paris for the AI Action Summit. We discussed the incredible opportunities AI will bring to India and ways we can work closely together on India’s digital transformation," Pichai posted on X along with pictures. Also Read PM Modi seeks global efforts to establish governance and standards for AI The last meeting between Modi and Pichai was in September 2024 in New York. The Prime minister was in the US to attend the Quad Leaders’ Summit hosted by President Joe Biden in Wilmington, Delaware. Tuesday’s plenary session of the mega event was co-chaired by Prime Minister Modi and French President Emmanuel Macron in Paris. On Tuesday at the summit, Modi made a strong case for collective efforts to establish a global framework for […]

METRO Markets Storyblok tie up shows 'how automation and innovation drive transformation at scale'

METRO Markets Storyblok tie up shows ‘how automation and innovation drive transformation at scale’

European wholesale marketplace, METRO Markets, reports a digital transformation project powered by Storyblok. Launched in 2019, it was developed to provide a wide range of non-food products for the hotel, restaurant, and catering industries. Following a period of growth, with over 600,000 products and thousands of customers using the platform for their restaurants, food stalls, hotels, bars, and more, it became clear to METRO Markets that its website was no longer up to the job. Its outdated in-house CMS was cumbersome and difficult to maintain, creating bottlenecks and severely limiting the scope for new features and innovation. Storyblok was selected as the best external CMS fit to support its growth and ambitions by enabling a much more flexible way to add content and visuals and, in turn, make the business more scalable. As a result of the transition from its old in-house CMS to Storyblok, METRO Markets is now able to generate over 200 category pages in seven minutes and achieve ten category pages in three different languages (German, French, and Spanish) in three minutes. This approach has also enhanced the overall content experience for the marketplace’s buyer audience and increased traffic with a click-through rate (CTR) of 12% […]

DigiTrends partners with Seen Tarbi to lead digital transformation in Saudi Arabia’s fintech industry

DigiTrends partners with Seen Tarbi to lead digital transformation in Saudi Arabia’s fintech industry

DigiTrends, a leading player in digital transformation, has officially entered into a strategic agreement with Seen Tarbi, a prominent SAMA-approved fintech company based in Saudi Arabia. Image courtesy: DigiTrends DigiTrends, a leading player in digital transformation, has officially entered into a strategic agreement with Seen Tarbi, a prominent SAMA-approved fintech company based in Saudi Arabia. This partnership, which was announced on February 9th, 2025, at the Pakistan Pavilion, is set to bring groundbreaking change to the financial industry in the Kingdom. At the heart of this agreement is a shared vision to revolutionize the financial ecosystem in Saudi Arabia. DigiTrends, known for its expertise in delivering innovative technology solutions, will work closely with Seen Tarbi to develop advanced solutions tailored to the evolving needs of the financial sector in the region. The signing of this agreement was attended by key figures from both companies, marking a new chapter in the Kingdom’s fintech evolution. Samad Saleem, CEO of DigiTrends, was joined by Abdullah Bawazir, COO of Seen Tarbi, and Saeed Bawazeer, IT & Project Manager at Seen Tarbi to officialize this partnership. Together, they highlighted their commitment to reshaping the financial landscape by utilizing modern technology. A Collaborative Effort to […]

Cybersecurity & Risk Aversion Slowing Digital Transformation, Says KPMG

Cybersecurity & Risk Aversion Slowing Digital Transformation, Says KPMG

KPMG International has published its KPMG global tech report 2024 , which explores the tech strategies employed by organizations across the globe to deliver value against a backdrop of swift tech advancements and the accompanying industry excitement. It also examines how organizations have balanced their need to keep up with the pace of change with the importance of prioritizing initiatives based on their business value despite the temptation to make hurried business decisions for fear of falling behind or missing out. According to the new report in which more than 2,450 tech execs worldwide were surveyed, the industry is getting better at identifying and delivering value with many areas displaying measurable improvements on last year. It should come as no surprise that the undeniable pace of tech change led to over three quarters of the respondents sharing that they worry they struggle to keep up; however, this concern was counterbalanced by 87 percent of respondents reporting higher profits thanks to their tech investments — a 25 percent increase on 2023. This encouraging stat is perhaps on account of organizations adopting a more balanced view when considering their tech investment, with 53 percent strategically evaluating their tech investment portfolio to […]

ROSHN Group showcases digital transformation and proptech innovation at LEAP2025

ROSHN Group showcases digital transformation and proptech innovation at LEAP2025

ROSHN Group, the Kingdom’s leading multi-asset class real estate developer and a PIF company, is engaging in key discussions on the role of technology in the real estate sector at this year’s LEAP. Image courtesy: ROSHN Group ROSHN Group is signing strategic MoUs during the event to accelerate digital transformation and innovation in the real estate sector. ROSHN Group has been recognized with the Top Google Cloud Customer Accelerated Growth Award from Google Cloud Company at LEAP 2025 Riyadh: ROSHN Group, the Kingdom’s leading multi-asset class real estate developer and a PIF company, is engaging in key discussions on the role of technology in the real estate sector at this year’s LEAP. Highlighting the impact of smart city advancements, ROSHN Group is exploring how innovation can enhance community development in the Kingdom. As part of its commitment to digital transformation, the Group signed several MoUs, including one with Saudi Information Technology Company (SITE) to collaborate in the areas of managed detection and response, cybersecurity advisory and cloud services. Another with T2 company to advance research in emerging technology trends and Proptech intelligence solutions, and a third with Jahez Group to continue the development of smart mobility infrastructure, enabling autonomous, […]

Stc Group and AWS come together to advance Saudi Arabia’s digital transformation agenda

Stc Group and AWS come together to advance Saudi Arabia’s digital transformation agenda

Image courtesy: stc stc Group, a Middle Eastern telecommunications group that provides a variety of services encompassing digital infrastructure, has announced a strategic collaboration with Amazon Web Services (AWS), to advance digital transformation in Saudi Arabia. According to a press release , the initiative will combine AWS’s cloud infrastructure and generative AI/ML services, such as Amazon Bedrock, with stc Group’s capabilities. This will scale cloud-based workloads and AI-powered innovation in sectors such as healthcare, finance, sports, education, energy, industrial, logistics and government sectors across the Middle East. stc Group will leverage AWS’s global expertise to deliver innovative solutions tailored to customers in Saudi Arabia and neighboring Gulf countries, including Bahrain and Kuwait. Riyadh Muawad, Chief Business Officer in stc Group, said, “Through this strategic collaboration, the Group strategy and its subsidiaries to target critical sectors in the Kingdom, we will create cutting-edge solutions, develop local talent, and pave the way for a digitally advanced future in Saudi Arabia.” Tanuja Randery, Vice President, Europe, Middle East, and Africa, AWS, said, “This strategic collaboration marks a significant step forward in contributing towards achieving Saudi Vision 2030. It underlines technology’s transformative role in advancing key sectors including healthcare, finance, sports, education, energy, […]