It has been announced that the US is building the most powerful supercomputer, so fast that it could process 1 quintillion, that’s 1 billion times 1 billion, or 1,000,000,000,000,000,000 — calculations per second.
To put that in perspective: If every person on Earth did one calculation (say, a math problem involving algebra) per second, it would take everyone over four years to do all the calculations Aurora could do in one second. Continue reading “The EXASCALE Supercomputer – a computer capable of Quintillion calculations per second”
Brazil’s Price Dashboard allowed public access to previous prices for government purchases of materials and services, saving both time and cost.
The Greek mythological prophet Tiresias needed help to read the future. He was blind and had an assistant to describe the smoke patterns from burnt offerings so he could interpret what would be imminent. Continue reading “How Brazil eliminated overpriced procurement with data”
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 automat looed 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.”
New-Age services will require drastic changes to internet infrastructure.
Technology can have a profound influence on the way we live, work and play. But in many ways it is also a conduit to allow us the user to express our creativity, and do the things we need to do more effectively.Continue reading “Predicting the Business of Technology”
The built-environment industry has been going through a steady transformation in recent years in a bid to improve productivity, reduce costs, improve safety, and create better jobs. These efforts are part of the Building and Construction Authority’s (BCA) Construction Industry Transformation Map with digitalisation as its key plank. Continue reading “GOING DIGITAL & BEYOND: Asia’s construction firms embrace artificial intelligence and virtual reality”
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”
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”
Which is why having the right individual and team matters most in such interactions
Like many other issues, the falling standards of customer service are a concern for all. These days quality customer service is indeed a rare phenomenon that we experience. Continue reading “Good customer service comes naturally”
Global Smart Grid Data Analytics Market expected to reach approximately USD 5,720 million by 2025, growing at a CAGR of around 12.58% between 2019 and 2025
Smart grid data analytics controls large data volumes that are created by smart grid technology. It is a key sector in the industrial IoT (Internet of Things), as it helps utilities to address key financial and operational challenges. This technology offers certain advantages for multinational corporations, retail stores, universities, enterprises, and hospitals. Continue reading “Smart Grid Data Analytics Market to be Worth USD 5,720 Million By 2025”
Let’s Focus On :::: IMEA (India, Middle East & Africa) is a region of economic extremes.
At one end of the spectrum there is Singapore, an advanced economy with a per capita GDP over the last year of almost USD53,000, closing in on the United States (USD57,466) and leaving the UK in its dust (USD39,899).
At the other end are the emerging economies of Cambodia, Pakistan, Egypt, and Myanmar, each of whom recorded per capita GDP over the last 12 months of barely more than USD1,000. The performance of Laos was twice as impressive – all the way up at USD2,159. Continue reading “Productivity Vs. Automation”
The sixty-four million dollar question is this – what exactly is FAIR ?
‘Fairness’ in procurement has come up recently in several concepts, from the discussion about major government contractors following a number of high profile business failures including the likes of Carillon collapse in the UK, Continue reading “Can We Be ‘FAIR’ In Procurement? It’s Not Easy!”
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”
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”
How Artificial Intelligence Leads General Counsels to the Right Service Provider for Every Engagement.
Many in the legal profession have likely heard something about artificial intelligence (AI) by now. But in this nascent stage of a game-changing technology, most lawyers (along with lots of other professionals) are just starting to explore how AI can benefit them and their firms.Continue reading “Breaking the Mold : Legal Services Procurement”
Over the last decade, several Latin-American countries have implemented different practices to fight illicit practices and corruption. As an example, we can quote Law 12. 846 in Brazil, Law 30424 in Peru, or Law 27. 401 in Argentina. Also, in recent years, these nations have proposed additional measures to protect government administrations, and local and international businesses. It is evident that ensuring efficient Compliance measures in your company has become the standard to reduce legal risks.
Africa Cloud Computing Overview and Market Sizing Report, which shows that the growing adoption of cloud computing in South Africa has democratised IT resources and made technology available that traditionally would have been out of reach of the smaller player. Continue reading “Cloud market in Africa to grow to R23.6 billion by 2023”
Nearly 14,000 stores closed on European high streets in the first half of 2020 and retail sales are down to their lowest level since the ’08 financial crisis, with more high street brands coming to an end as we enter 2021.
There’s no doubt that the pressure, stress and financial risk of opening physical stores has never been higher. But there’s good news for those currently treading water; an emergent, new offering for retailers that potentially brings some welcome relief. Continue reading “Is RaaS the solution to shuttering stores?”
Trust in the cloud hasn’t always been universal. There was a time when security and risk management leaders feared entrusting critical data and infrastructure to a third-party cloud provider. This was understandable, arising from the history of network management, where IT teams were intimately familiar with managing the resources that made up their IT infrastructures, from the buildings they were housed in, to the electricity and cooling supply, through to the server, all the way down to the storage and networking infrastructure. Continue reading “How to get the right kind of control over your cloud: A Guide”
Global spending on robotics systems and drones is expected to total $144.4bn billion this year, indicating an increase of 27.6% from just 18 months ago.
This is according to the Worldwide Semiannual Robotics and Drones Spending Guide.
The report predicts global spending on robotics systems and drones will reach $210.3 billion Continue reading “Robotics & Drone spend to reach $144.4bn this year.”
Put together the best solar panels money can buy, super-efficient batteries and decades of car-making know-how and, theoretically, a vehicle might run forever.
That’s the audacious motivation behind a project by Toyota Motor Corp., Continue reading “Toyota & a Car that can run Forever”
The finance sector has seen some incredible changes over the past few years – lots has happened in a relatively short space on time, and the new buzzword of ‘’FinTech’ seems to be capturing many people’s imaginations. FinTech simply means the technologies used and applied in the financial sectors.
Innovation is something important for every business sector, Continue reading “How Technology Is Making A Difference To The Finance Sector”
“An engineering problem that, when solved, solves energy.”
Geothermal power is the perpetual also-ran of renewable energy, chugging along in the background for decades, never quite breaking out of its little niche, forever causing energy experts to say, “Oh, yeah, geothermal … what’s up with that?”Continue reading “Geothermal energy is poised for a big breakout”
In the past five years, HHS’ Office of Civil Rights (OCR) has increased enforcement of Health Insurance Portability and Accountability Act (HIPAA) violations, according to the HIPAA Journal. In 2015, there were only six HIPAA penalties, compared with 11 in 2019. Not only have enforcements increased, but fines and settlement amounts are also on the rise. In 2020, more than $28 million in penalties was paid to OCR. The mean penalty amount for 2020 was $2.6 million. Anthem settled for $16 million for failure to respond to breaches that had occurred since 2015 and for lacking technical controls to prevent unauthorized electronic personal health information (PHI) access. Continue reading “Technologies That Keep Your Health System HIPAA Compliant”
Numerous locations in the Middle East and Africa (MEA) are emerging as upcoming destinations for global services delivery. Several multinational companies have set up their centers in the MEA region to deliver services to Europe and North America, and tech giants including Apple, Facebook, Google, Microsoft, and Uber are leveraging it for global services delivery.
What’s the appeal?Continue reading “Africa & MEA : An Emerging Frontier for Global Services”
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”
Blockchain could also help government eliminate 398m printed documents, report says.
The UAE could save over $3 billion (Dh11 billion) through implementing advanced blockchain technology, according to a report. Continue reading “Blockchain could help UAE save over $3b a year”