Market Watch

Deputy Director of the Ho Chi Minh City Center for Supporting Industries under the municipal Department of Industry and Trade Le Nguyen Duy Oanh said that human resources for supporting industries are very rare at the current time. Besides, the quality of the human resources for the sector at the universities does not meet the actual demand of enterprises. In the reality, to make human resources involved in the production chain, businesses have to invest around US$1,000 to US$1,500 for each labor to know how to fully operate the devices, equipment and machines. Therefore, along with the efforts of enterprises, the partners providing technology and production chain regularly offer attached policies of worker and engineer training sessions which would ensure qualified human resources after the technology or production chain transfer are fully completed so that the enterprises implementing digital transformation need to take advantage of the privilege to enhance the technical skills for their employees. In the fields of banking and finance, the demand for the sector is very high as those working in the fields have to master both information technology and their expertise so that the number of employees in the fields is moderate. Amid the situation, […]

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Students of the Cambodian University for Specialties listening to Prime Minister Hun Sen’s speech at a graduation ceremony in Phnom Penh. The Covid -19 pandemic has driven digital transformation in Cambodia, said Prime Minister Hun Sen, calling for the strengthening of internet services nationwide to allow users access the booming digital platforms. Speaking at a graduation ceremony at the Cambodian University for Specialties in Phnom Penh, the Prime Minister said the pandemic has led to a remarkable surge in digital transformation in e-commerce, mobile payment and online learning. “Some 3 million students were on online learning during the pandemic and now, trade transactions are made via mobile phone, not in cash on hand anymore,” the premier said. Meanwhile, Chea Chanto, National Bank of Cambodia (NBC) Governor, said recently that online transaction has been on a trend of rapid growth thanks to the Internet and mobile usage. “Since the Covid-19 crisis, online trading has grown rapidly and electronic payment methods have become increasingly popular across the country,” he said at an annual meeting to review NBC’s work achievements in 2022 and set objectives for 2023 held last week. The Cambodian payment system, especially the Bakong and KHQR (KHQR) system, facilitates […]

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The United States Consul-General at the Consulate General in Lagos State, Will Stevens, has disclosed that the Joe Biden-led government is committed to supporting programs that provide Nigerian youth with quality technological learning opportunities. He stated this at the official opening of the Digital Expert Academy in Lagos on Monday. Present at the event were representatives from leading American tech companies, and Nigerian technology and business leaders. Stevens who spoke on the theme “Technology as an Enabler and Tool for Empowerment,” highlighted the importance of tech skills to Nigeria’s future prosperity and economic competitiveness. He explained that the Biden administration’s U. Strategy Toward Sub-Saharan Africa aims to drive digital transformation and foster a digital ecosystem built on open, interoperable, reliable, and secure internet and information and communication technology. “This initiative is investing in some of Nigeria’s richest resources – its young people. “We hope that by developing local talent in tech fields, we help accelerate medium and long-term growth in Nigeria’s and indeed Africa’s digital economy,” Stevens said. The Chairman, 21st Century Technologies Group, Wale Ajisebutu, explained that the Digital Expert Academy will help bridge the gap between youth and employers by better connecting young people with the changing […]

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Digital transformation in oil and gas remains paramount in managing mission-critical operations, gaining valuable business insights, improving worker safety, reducing costs and more. This is especially true for offshore oil and gas production , presenting a unique set of circumstances, including – but not limited to – often inhospitable geographically remote locations, 24/7/365 operations and around-the-clock rotating equipment required to move oil and gas and generate power to simply keep the lights on. So, where does edge computing fit in this digital transformation equation? Technology advancements for offshore oil and gas: edge computing Gone are the days of difficult communications and archaic two-way radios. Technology advancements over the years have brought an exciting digital revolution to the oil and gas industry, not only impacting the offshore production setting, but also significantly improving the lives of those who leave their families for weeks at a time just to do their jobs. According to McKinsey and Company : “Technology has potential to boost performance across the entire upstream oil and gas value chain by enabling optimisation and automation.” Many offshore oil and gas organisations have chosen to leverage edge computing , providing highly reliable compute infrastructure capabilities right at the edge […]

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Sendal’s innovative Breathe solution helps address indoor air quality, a challenge in energy-efficient homes Square D X Series Connected Wiring Devices link Sendal digital app to home ventilation systems to circulate, refresh air when needed BOSTON, Jan. 24, 2023 /PRNewswire/ — Schneider Electric , the leader in the digital transformation of energy management and automation, today announced a collaboration with Sendal , the most intelligent home solution that learns and adapts to occupants’ behaviors, to address indoor air quality in today’s highly energy efficient homes. Energy-efficient homes have come a long way in reducing heat loss by increasing insulation and nearly eliminating air gaps. While this is beneficial for regulating temperature and reducing energy costs associated heating and air conditioning, this nearly airtight design can have the unintended consequence of negatively impacting indoor air quality. By combining digital air quality management through the Sendal intelligent home app and the electronic control of the ventilation system through the Square D ® X Series Connected Wiring Devices , the Breathe solution from Sendal provides maximum flexibility for adapting ventilation strategies to deliver improved breathable air to homeowners for better day-to-day living. "At Sendal, we are excited to be working with Schneider […]

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Nataliya Andreychuk is the CEO of Viseven . She is a leading digital transformation evangelist for the pharma and life sciences industries. getty Do you remember the For Dummies books that were popular years ago? Were they incredible pieces of literature? Of course not, but they tried to make learning about a topic easier to help readers solve a problem without too much effort and ultimately understand something they were unfamiliar with before picking up the book. As someone who’s been in the marketing technology industry for over a decade, I’ve met my fair share of people who try to use terminology without understanding its meaning. It may be challenging to learn the ever-evolving language, but it is important to always be on top of the latest fads and trendy words in your industry. So, let’s talk about some of the terms we use in marketing technology, what they mean and, most importantly, how to uncomplicate them for your clients. What Is Martech? Marketing technology, also known as martech, is a term used to describe specialized software for solving digital marketing tasks. In other words, when talking about martech, we may assume some highly specialized solutions developed for a […]

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We are excited to announce the addition of several highly accomplished speakers to the lineup for the FIPP World Media Congress in Cascais, Portugal. Congress takes place from 6-8 June. Join us as we welcome: Kerin O’Connor, Founder, Atlas. Before Atlas, Kerin was CEO of The Week at Dennis in the UK. During his time there, he launched The Week, The Week Jr and MoneyWeek in the UK and USA, building the business up to 725,000 subscribers across the two territories. We continue to refine the session topics for Congress, but the draft title for Kerin’s session is “Unleash The Power of Your Brand: Subscriptions that Stand the Test of Time”. Elizabeth Bramson-Boudreau, CEO and Publisher, MIT Technology Review. Formerly with The Economist, Elizabeth joined MIT Technology Review in 2015 to oversee the modernisation of the brand. The draft title for her Congress session is “MIT Technology Review: How Digital-First, Multi-Platform Transformation Revived the Fortunes of the 134-year-old Brand”. Colin Morrison OBE is a Director, Consultant & Investor, and Publisher-Editor of the subscription-based, media-focused newsletter Flash and Flames. Colin will join us for the final session of Congress to discuss key themes that emerged from the conference, interpret how […]

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Addition of Asset and Expense Management Platform Solidifies DMI’s Leadership Position in the Managed Mobility Services Market BETHESDA, Md., Jan. 24, 2023 /PRNewswire/ — DMI , a global leader in digital transformation and managed services, announced today that it has acquired Simplex Mobility ("Simplex" or the "Company"), a leading provider of asset and expense management software. Simplex provides a centralized platform that manages all aspects of a customer’s mobile ecosystem including inventory management, help desk support, and cost optimization. For over 20 years, DMI has been a leader in managed mobility services, offering best-in-class user experience, global 24×7 support, lifecycle management, and a track record of continuous innovation. With the acquisition of Simplex, DMI combines industry-leading software and services, making its managed services offering one of the market’s most complete all-in-one solutions. The combined platform provides customers with enhanced visibility, security, tracking, and cost savings across their mobile ecosystem. "DMI will disrupt the market with a first-ever, fully-packaged managed service offering that goes beyond mobile and allows customers to manage, monitor, and transform their assets, inventory, and expenses through one seamless experience," said Rocky Thurston, Chief Operating Officer at DMI. "Enterprises that are looking to save money, reduce waste, […]

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It wasn’t all that long ago that we spoke about digital transformation as a nice to have, but the pandemic created an urgency for it that never previously existed. Today, digital is paramount to business success and table stakes for any successful enterprise. While many eye emerging automation and cloud technologies as the quickest way to create the digital environments that delight customers and employees, the reality remains that the majority of the world’s IT workload runs on traditional technology companies have been using for decades, like mainframe, on-premise and traditional data centers. And while that technology has served businesses well — and can continue to do so — consumer expectations, security concerns and data volumes are only increasing. To get from where they are to where they want to be, businesses must modernize. However, creating memorable experiences is largely dependent on making the right technology decisions. For customers, it’s about engaging them where they are and simplifying buying decisions. For employees, it’s about ensuring they are efficient — no matter where they are. Technology can literally make or break a company. One of the common mistakes companies make in pursuing digital nirvana is ripping and replacing their tech […]

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The rate of change in the business world is increasing exponentially. Disruptive companies are upending whole industries by introducing new technologies and business models quickly copied and adopted by their competitors. As a result, businesses must continuously reinvent themselves to stay ahead of the curve, exposing themselves to potential risks as they venture into uncharted territory. 70% of companies are either in the process or have already achieved a digital transformation … [+] getty This is particularly true in the technology sector, where new companies constantly emerge and change the landscape. For example, Uber disrupted the taxi industry by introducing a new business model that other companies quickly copied. Airbnb did the same thing to the hotel industry. And Google disrupted the advertising industry with its unique approach to online marketing. As these examples illustrate, businesses must constantly innovate and evolve if they want to stay ahead of the competition. They must be open to new ideas and willing to experiment with new technologies and business models. And they need to be able to move quickly, lest they be left behind. As a result, companies are looking for ways to become more agile and adaptable: 70% of companies are […]

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