The Fourth Industrial Revolution is changing how we live, work, and communicate. It’s reshaping government, education, healthcare, and commerce—almost every aspect of life.
In the future, it can also change the things we value and the way we value them Continue reading “The Fourth Industrial Revolution: The Impact for Everyone.”
Malaysia is looking to collaborate with Japan for the efficient delivery of halal products and services with technology.
Malaysia has been undertaking several digital transformation efforts through the National eCommerce Strategic Roadmap and through the country’s engagements at the international level. Continue reading “Malaysia & Japan Partner for Innovation in Halal Markets”
COVID-19 has disrupted the way we go on about our daily lives. With vaccines on the way, there is finally a light at the end of the tunnel yet the toll on our public health and economy have been major. In 2021, leaders and citizens alike will reflect on lessons learned throughout the pandemic to see what can be done in the future to slow the spread of disease.
Continue reading “Smart Cities Can Defend Against Pandemics”
For governments to carry out their day-to-day functions, procurement — or their ability to purchase goods and services — is critical. It is both a service function and a strategic policy tool which can help achieve a broad range of social and economic welfare objectives. It cuts across all areas of public administration and builds on cooperation among multiple public and private stakeholders.
Continue reading “Innovation in Procurement: Why and How??”
After migration, it’s important to ensure the cloud is a valuable asset to your business. These four types of metrics can help you monitor user satisfaction, IT costs and more.
Although cloud services abstract away and automate much of the underlying IT infrastructure, users still need an objective way to measure service performance and the effect it has on their business. Continue reading “Four types of cloud KPIs to track and optimize a deployment.”
Continent’s capacity has doubled in the past three years as global investment surges
International investors are rushing to fund a boom in the African cloud computing market, as the proliferation of smartphones and mass adoption of business software on the continent leads to soaring demand for data centres to power the technology Continue reading “Africa’s cloud computing boom creates data centre gold rush”
Urban logistics are being transformed by bringing together city transport planners, logistics operators, and users of delivery services to apply digital technologies to grow the city economy, while making logistics services sustainable.
Remember how many packages you had delivered to your doorstep last Christmas? How thrilled you were every time the bell rang? Think again. Continue reading “Transformation of Urban Logistics in Smart Cities”
Monotonous workflows and slow tech advancement are the biggest growth barriers for a business. In recent times, organizations have started to implement new technologies to address these challenges. One such cutting-edge technology that has helped businesses streamline processes and enhance workplace productivity is Robotic Process Automation or RPA.
Continue reading “The REAL Need for RPA Implementation in the Workplace”
Economic recovery, corporate taxes and mergers and acquisitions are expected to be top of mind for many finance chiefs, however there are other more worrying concerns as we progress through 2021.
Chief financial officers last year raised billions of dollars to stabilize their companies’ finances, cut costs and pivoted their businesses to respond to the coronavirus pandemic and the ensuing economic downturn.
Continue reading “CFOs in 2021 – Keeping an Eye on These Things”
How procurement automation can benefit your business
With the rapid development of new technologies in the last decade, businesses in various fields have taken steps to implement process automation systems into their daily operations. Procurement processes are no exception, including automated Requests for Quotes (RFQs) and vendor contracting activities. Continue reading “Benefits of procurement automation”
Even cutting-edge technologies of today will have some vulnerabilities as well.
Adoption of technologies is ushering in the pathways of a new millennia – one where inter-connectivity and wireless communications are key. The telecommunications industry is set to face a renewed advent of digital transformation and accompanied by a gamut of operational changes.
Continue reading “Businesses CANNOT Let Their Cyber Guards Down.”
Spanish startup clusters are seeing a major growth in Clean tech.
One of these clusters, AVAESEN, is managed by Bianca Dragomir who was named European Continue reading “Business Clusters are boosting Spain’s CleanTech startup industry”
It is reported that James Dyson built 5127 unsuccessful prototypes of his vacuum cleaner before hitting the jackpot. A good idea, patience, persistence and lots of experiments definitely paid off. Experimentation should be considered as an integral part of the innovation process. Successful innovation is almost impossible without it. Through experimentation you can identify flaws within your idea early on, it helps to lower the risk of failure and you gain a lot of vital knowledge about your product or service you are about to launch. You could choose simple, small-scale experiments, or complex, big-scale ones. Either way, you should go for the experimentation that suits you best, and that is in line with the goals within your innovation process.
Continue reading “Experimentation as an integral part of every Innovation Process”
How companies across the UAE are transforming their processes in the coronavirus era.
Unprecedented. It’s a word we’ve been hearing more and more as each year progresses not only in the UAE but all over the world.
Continue reading “Business tech for the change-makers”
The world’s first robot designed to carry out unbiased job interviews is being tested by Swedish recruiters. But can it really do a better job than humans?
Her name is Continue reading “Could this be Your Next Interviewer: Meet TENGAI?”
On Sep. 25 at the United Nations General Assembly, the United Nations (UN) Secretary General António Guterres spotlighted, “Rapidly developing fields such as artificial intelligence, blockchain and biotechnology have the potential to turbocharge progress towards the Sustainable Development Goals. Artificial Intelligence is connecting people across languages and supporting doctors in making better diagnoses. Driverless vehicles will revolutionize transportation. But there are also risks and serious dangers.” Continue reading “Accelerating the face of AI with 3 Global Initiatives”
Recent corporate scandals now requires profession to use more updated ways.
The audit profession has been under scrutiny. due in part to several high-profile corporate failures. Stakeholders and regulators have thus questioned the “quality” in the field.
Continue reading “Audit Industry NEEDS a Makeover”
Changes can take place in niches or even on margins to make an impact.
The youth does owe a debt to preceding generations… for their innovation and tenacity. Now, that onus falls on the young to usher in the next era of progress. This is likely to be an incremental rather than an overnight revolutionary one, and such has been the trend through most of history.
Continue reading “Innovation will do just as well with incremental add-ons”
Back to the drawing board… everything we thought we could expect in 2020 was upended by Covid-19. This has been especially true for the global procurement and supply chain landscape. All the careful plans and strategies are being recalibrated as companies try simultaneously to save on costs, drive value, surmount disruption and build agility and resilience. Continue reading “How the pandemic will reshape procurement and supply chain: The Revised Outlook”
They need to give inhouse talent access to what’s happening in ‘upstream communities’
Open source software is highly valuable to the financial services industry, and 93 per cent of the sector’s IT leaders agree enterprise open source is crucial to their organisations. Adoption rates bear out this perspective, with enterprise open source currently making up 40 per cent of software used in the sector and projected to rise to 46 per cent in two years.
Continue reading “Financial Services MUST Think Open Source”
Stakeholders are excited about the progress made on the Nigerian tech scene over the years; all things considered, their enthusiasm is justified. Like other countries in the world, Nigeria is experiencing disruptions in financial services, health, commerce, telecommunications, human resource, education, agriculture, and technology-as-a-service, among others.
Continue reading “What makes Nigeria the dominant country in West Africa’s start-up space”
Digital banking is the recent rage in the global finance domain as this disrupts the concept of traditional banking. Talking about digital banking, Germany has witnessed noticeable growth and innovation in the fintech sector, especially in digital banking in recent years.
Continue reading “The Innovative Challengers in Germany that are disrupting the Banking Sector”
Old economy Inc is trying to capture a share of the digital pie and the timing seems just right.
A growing number of old economy companies are using technologies such as internet-of-things (IoT) and artificial intelligence (AI) to expand their digital presence, taking on IT majors and global diversified conglomerates which are also aggressively muscling into this space.
Leading domestic industrial and engineering companies such as Larsen & Toubro, Reliance IndustriesNSE -0.37 % and the Tata group, as well as multinational firms including General Electric, SiemensNSE 0.89 % and ABBNSE 0.15 %, are all trying to capture a share of the pie and the timing seems just right Continue reading “Industry 4.0 is using IoT and AI to expand its digital presence”
Car crashes, home injuries, fires, natural disasters: every minute – if not every second – spent without treatment in such cases of medical emergencies and high-risk patients could reduce the chance of survival or proper recovery. In fact, when deprived of oxygen, permanent brain damage begins after only 4 minutes, while death can occur as soon as 4-6 minutes later. In this race against time, digital health technologies that turn patients into the point-of-care could prove to be game-changers for first responders and emergency units.
Continue reading “The Future of Emergency Medicine: 6 Technologies That Make Patients THE Point-of-Care”
Company founders’ willingness to sell out to a new owner or to take on major new shareholders has been vital to the creation of New Zealand businesses that have created around $34 billion of value in the last 15 years, says a new report from Callaghan Innovation.
Drawing on public records of capital-raising and takeovers involving high-growth New Zealand companies, the “Growing the Pie” report challenges perceptions Continue reading “New Zealand’s ‘UNICORNS’ create $34b value”
It will help lay new foundations for businesses and societies post-pandemic.
As countries start to think about what work looks like post the pandemic, we can look at what this means for businesses. While every industry and business is different, there are several commonalities that present themselves to organizations of all sizes. Continue reading “It will require a lot of Tech to re: ADJUST Now”
Blockchain could go a long way towards building faith in banking and the safety of personal savings.
In Latin America, a lack of trust in financial institutions has long hampered financial inclusion, political participation, and new pursuits. Continue reading “A look into the promise of Blockchain startups in Latin America”
The National Oceanic and Atmospheric Administration reported that 2017 was the most expensive year on record for disasters in the U.S., estimating $306 billion in total damage. The FBI also reported 2017 as having the most incidents and the most people killed in any one year by active shooters.
With this rise in crises across the United States, data and technology have an increasingly important role in improving emergency management departments across the country. Approximately 240 million calls are made to 911 in the United States each year, with at least 80 percent coming from wireless devices, yet many emergency management systems still operate on legacy systems made for wireline phones. As a result, people in need are unable to easily share precise locations or send media messages to responders, making emergency communication and resource coordination more costly and difficult.
Continue reading “The Emerging Technologies that can bring Immense Advantage & Improve Emergency Management”
How civil society responses to COVID-19 in South Africa are resisting the all-too-common return to pre-crisis ‘normal.’
Civil society responses to COVID-19 in South Africa have shown remarkable agility, scope, and impact in the last nine months, especially in responding to the most-pressing problem in many vulnerable communities: hunger. These have included efforts by established nonprofits, as well as diverse mutual-aid groups like the community action networks (CANs) that spontaneously emerged in suburbs of Cape Town and then spread to other parts of the country. The individual CANs collaborate and support each other within a larger network called Cape Town Together. Interactions include “pairing” partnerships, in which a CAN in an affluent suburb collaborates with a CAN in a poor community, not to facilitate charity, but rather to foster solidarity across historically divided and profoundly unequal suburb communities. The impact has been significant and vital, with estimates suggesting that NGOs and mutual-aid groups provided more than half of all hunger relief during South Africa’s winter months.
Continue reading “Turning Short-Term Crisis Relief Into Longer-Term Social Innovation”
At any cost, do not inflate on those optimistic targets
Depending on the balance-sheet, purpose, and duration of capital, as well as the size, sector and stage of business, there are many ways businesses can raise money. It could be direct from the markets through equity, loans or convertible bonds.
While each method has its pros and cons, making the right decision mostly involves avoiding common pitfalls such as: Continue reading “Avoid self-inflicted pitfalls in funding”