Cannot be saved by technology alone According to Gartner, new technologies such as smart robotics and AI have the potential to transform the supply chain function. However, their impact on labour productivity is likely to be limited unless they are part of a broader strategy. Gartner emphasized the importance of…
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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…
Read MoreACCC 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…
Read MoreHow 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…
Read MoreIndia 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…
Read MoreWestpac 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.…
Read MoreOrganizations 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,…
Read MoreEmbracing 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…
Read MoreFTC and DOJ Charge Amazon with violating child privacy
Proposed order to require Amazon to pay $US25 million The Federal Trade Commission (FTC) and the Department of Justice (DOJ) have reached a settlement with Amazon regarding charges that the company violated the Children’s Online Privacy Protection Act Rule (COPPA Rule) and deceived parents and users of the Alexa voice…
Read MoreMobile services market in Hong Kong faces stagnation
5G only positive trend in an otherwise stagnant market According to GlobalData, a leading data and analytics company, the mobile services market in Hong Kong is expected to face stagnation, with limited overall revenue growth projected despite the anticipated surge in 5G service adoption. Here are some key insights from…
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