Maximizing supply chain productivity with new technologies

Introducing new technologies in the current environment would prove challenging Gartner, Inc. has emphasized that while new technologies hold significant potential to revolutionize the supply chain function, they cannot address historically low levels of labour productivity unless integrated into a broader strategy. During the opening keynote presentation at the Gartner…

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ACCC begins inquiry into regulation of telco services

The inquiry will focus on nine services, which are subject to declarations set to expire in 2024 The Australian Competition and Consumer Commission (ACCC) has initiated a public inquiry to examine whether nine wholesale telecommunications services supporting broadband, voice, and data transmission should continue to be regulated. In Australia, telecommunication…

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How Green Foundation utilizes blockchain technology

Helping fight deforestation and global warming The utilization of blockchain technology, as exemplified by organizations like Green Foundation, offers promising solutions to address the environmental challenges of deforestation and global warming. Here’s an overview of how blockchain can contribute: Enhancing Transparency and Accountability: Blockchain’s decentralized and immutable ledger enables the…

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India public cloud services market to grow

The COVID-19 pandemic has accelerated digital transformation efforts in India According to the International Data Corporation (IDC), the India public cloud services (PCS) market, which includes infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS) solutions, generated a revenue of $US6.2 billion in 2022. The market is projected to reach $US17.8 billion…

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Westpac offers Tap to Pay on iPhone

This eliminates the need for additional hardware or payment terminals Westpac, a financial institution, has announced the enablement of Apple’s Tap to Pay on iPhone contactless payment technology. This new feature provides business customers with an easy and secure payment option to accept in-person contactless payments using their compatible iPhone.…

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Organizations in India are embracing digital transformation

Indian organizations have shown a higher adoption rate of digital strategies According to a recent report by International Data Corporation (IDC), 69 per cent of organizations consider themselves “digital businesses” with well-defined digital strategies and widespread implementation of digital technologies. Another 22 per cent of organizations do not prioritize digitalization,…

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Embracing AI as an organizational role

Human-machine learning loop ensures human feedback and judgement According to Gartner, building an AI-driven finance organization for the future requires a combination of technical and business skills that many finance teams currently lack. During the Gartner CFO & Finance Executive Conference, analysts discussed the importance of incorporating new AI-focused roles…

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