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”
COVID-19 has finally imposed the need to expand telemedicine as a viable option
When the pandemic stormed across the globe creating havoc, the healthcare industry was left grappling with a reality that it hadn’t faced in living memory. Hospitals despite being a hot zone in this situation, literally and figuratively, also became a danger zone for several patients who feared venturing past its doors to avoid catching the lethal infection. Continue reading “Hospitals have a cure for their financial woes”
The digital deadlock is affecting many organizations today, big and small, and across all industries. Vast amounts of technology investments are being poured into the engines of aggressive digital strategies — but are delivering little in the way of progress. In fact, many are “stuck in their journey.” What’s holding them back?
We’ve looked into this very closely in the past few years and has found Continue reading “Are You Ready for Agile Learning at Work?”
Many of the world’s most influential CEOs have one thing in common: they led and grew their businesses with inventions that started or changed entire industries. But they didn’t do it themselves — behind them were leaders as committed to disruption as they were. And whether the product was the iPhone or something else, this ethos permeated the entire executive committee.
Continue reading “How CIOs can pioneer Digital Transformation”
Choosing your team members wisely is always important for your business. However, it is not enough to just pick the right people for the right job, that is only one aspect of the selection. In order for your business to work in harmony as a whole, and reach its full potential through its capital in human resources, collaboration must be perceived as one of the most essential assets of your business.
Continue reading “Simple ways to motivate your team members to collaborate”
Organizations are shifting IoT deployments from cloud computing to edge computing, but a newer option — the edge cloud — has emerged to bring the cloud to the edge.
Cloud computing and edge computing are well known for their distinct advantages in IoT based on use case, data processing and storage needs. However, the combination of the two computing infrastructures offers greater flexibility to developers and lower latency to consumers while also maintaining data privacy standards. Continue reading “IoT edge cloud balances the best of cloud and edge computing”
It has evolved into something much bigger than creating a few savings here and there.
If we want industry to be resilient, we need to prioritize digital.
No business had immunity against 2020, and what appears to be for much of 2021 – but some were able to adapt quicker, reducing costs and adjusting output. The common thread to such success was digitization.
Continue reading “Digitisation is What a Future is Built On”
Entrepreneurs and change managers may ultimately be selling a dream, but that’s not what stakeholders are buying.
Imagine having to sell a totally new, game-changing product with no samples, no prototype, not even a realistic rendering. The only thing certain about it? A hefty price tag. Now imagine you have to sell this product not just once, but repeatedly, to the same people, over a period of years. Continue reading “How Leaders Should Navigate Long-Term Uncertainty”
Only way forward is to ensure greener energy generation and increased energy efficiency.
If there is one positive impact of the ongoing COVID-19 pandemic, it is the good news on the environment front. As human beings shut themselves up behind doors and governments, factories and offices remain closed, Mother Nature has healed herself, if only partially.
Continue reading “Smart technologies: where will the energy come from?”
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.
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?”
For thousands of years, human society has organised itself in the form of towns and cities, from humble communities living within rudimentary settlements to the powerful city-states of the Renaissance to today’s modern metropolises. But coupled with the potential offered by today’s connected technologies, we may be standing on the brink of the most revolutionary change in the history of these bustling urban hubs: the transition of cities’ relationships to their citizens, from merely the material settlements they call their home to living, breathing entities capable of facilitating the minutiae of their day-to-day lives.
Continue reading “Can SMART Tech SAVE Lives?”
India has a wealth of engineering talent with ‘jugaad’ – a frugal mindset of solving problems with limited resources, says an observer.
Entrepreneurs and innovators across India have responded quickly to the challenge posed by the COVID-19 pandemic.
A host of new innovations, some emerging from start-ups that have been incubated by universities, have appeared in recent weeks. Continue reading “COVID-19 is sparking a new wave of tech innovation in India”
When faced with a fundamental challenge to their core beliefs, humans go on the offensive
Artificial intelligence is everywhere. It helps drive your car, recognises your face at the airport’s immigration checkpoint, interprets your CT scans, reads your resume, traces your interactions on social media, and even vacuums your carpet.
As AI encroaches on every aspect of our lives, people watch with a mixture of fascination, bewilderment, and fear.
AI’s overthrow of humanity is a familiar trope in popular culture, from Isaac Asimov’s ‘I, Robot’ to the ‘Terminator’ movies and ‘The Matrix.’ Some scholars express similar concerns. Continue reading “The REAL Reason We Are AFRAID of ROBOTS”
Now more than ever, architecture is in need of innovation. The pandemic has made us fundamentally rethink the functioning of our cities, public spaces, buildings, and homes. The 2021 challenges are pressing, and we cannot put off changing architecture any longer.
Continue reading “Where will Innovation in Architecture come from NEXT?”
But even before these crises forced many of us to re-examine architecture, the industry was in desperate need of innovation.
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”
Shipping and ports have been relatively late entrants to digital change
The coronavirus lockdown has accelerated a digitalisation drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries. Continue reading “DP World to join shipping industry’s blockchain platform”
The digital economy should be a new ASEAN Economic Community pillar.
Singapore deserves high praise for driving forward a resilient and innovative ASEAN community as well as bringing about several agreements designed to invigorate the region’s digital economy.
Continue reading “The NEXT Frontier for Southeast Asia’s Growth?”
Amid the economic upheaval caused by Covid-19, technology-driven disruption continues to transform nearly every business at an accelerating pace, from entertainment to shopping to how we work and go to school. Though the crisis may be temporary, many changes in consumer behavior are likely permanent.
Continue reading “A Measured Approach to Regulating Fast-Changing Tech”
As the entrepreneurial ecosystem in Latin America improves, the demand for cloud computing and similarly positioned digital technologies is on the rise.
There is some good news for the movers-and-shakers in the cloud computing market. As the entrepreneurial ecosystem in Latin America has improved in recent times, demand for cloud computing and related services is on the rise. In fact, our latest market research report predicts a double digit CAGR for the cloud computing market in Latin America.
Continue reading “Cloud Computing: Floating High in the Latin American Market”
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 2018. Not only have enforcements increased, but fines and settlement amounts are also on the rise. In 2018, more than $28 million in penalties was paid to OCR. The mean penalty amount for 2018 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”
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”
As Covid-19 fundamentally shakes up how we live, learn, socialize and work, the governments across Europe are taking drastic measures to keep citizens safe and healthy. No doubt, the impact of the current situation will be massive on the economy, market sentiments, and uncertainty in spend, including IT spend.
While there is a significant impact on the European cloud market, it is potentially positive! Continue reading “COVID-19 Impact on the EMEA Cloud Market – Time to Shine for Cloud?”
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”
As agriculture and food systems across Latin America and the Caribbean (LAC) try to recover from the impacts of the COVID-19 pandemic, policy makers must act to unleash the sector’s vast potential to drive sustainable and inclusive growth for decades to come, according to a new World Bank report.
Continue reading “Agriculture in Latin America & the Caribbean is Poised for Real Transformational Change.”
Pharma is big business, but what it’s not generally recognized is, in large part, a manufacturing business with complex supply chains, finicky chemical processes and products that have to meet stringent quality controls. Few of those outside the industry think about how drugs are made safely, efficiently and at scale with reliable quality and in precisely measured doses.
Even more interesting is the simple fact that pharma often produces sophisticated drugs using manufacturing processes that are decades out of date, and which are being phased out in comparable industries, such as chemical manufacturing. Continue reading “How Will IoT Revolutionize Pharmaceutical Manufacturing?”
Abu Dhabi backs food-tech innovation across land, sea and space.
The Abu Dhabi Investment Organisation (ADIO) is stepping up its programme to attract food-tech companies that are developing solutions across ‘land, sea and space’ to the region. ADIO Director General His Excellency Dr Tariq Bin Hendi that the Emirate hopes to play a leading role in the global food-tech revolution.
Continue reading “Turning the Desert GREEN”
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”
The Australian Renewable Energy Agency (ARENA) will provide $3 million for a feasibility study for a 4MW/50MWh fully dispatchable solar hydro power plant.
Melbourne start-up RayGen will develop the plant, which will be built in Carwarp near Mildura. Continue reading “$3 million energy technology investment for Victoria”
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 logic of the argument is simple. How chief data officers are central to the success of organisations, as for the future of the CDO: a position on the board will await man.
In a funny way, CDOs and gardeners are quite similar. At least we were left with that impression. It’s about data. Companies are realising that they must either become a disruptor or find a way to deal with disruption. EMEA and Latin America for Continue reading “The future of the CDO: Chief Data Officers need to sit near the top”