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…
Read MoreThree pillars of human leadership for finance AI
The key challenge lies in employees disengaging due to change and concerns about job security According to Gartner, the rapid advancement of AI tools in finance highlights the importance for CFOs and finance leaders to demonstrate adaptivity, empathy, and authenticity—the three core pillars of human leadership. While AI technology can…
Read MoreAutomation can address burnout and improve job fulfilment
Employees are being asked to do more work with less support A survey commissioned by UiPath, a leading enterprise automation software company, reveals that 69 per cent of workers in Singapore believe that automation can alleviate burnout and enhance job fulfillment. This figure surpasses the global average of 58 per…
Read MorePwC Australia announces further actions
PwC Australia acknowledges the breach of trust and extends an apology to stakeholders PwC Australia has announced additional measures to strengthen the firm’s governance, accountability, and culture. The actions are being taken in response to ongoing investigations and aim to increase transparency and restore stakeholder confidence. The key areas of…
Read MoreMr Toys Toyworld achieves full network uptime
Australian toy retailer achieves remarkable success Leading toy and hobby specialist retailer, Mr Toys Toyworld, based in Queensland, has successfully overcome network challenges, and achieved remarkable success through a partnership with Iperium and ActivePort. By addressing network outages and ensuring 100 per cent network uptime, the retailer has eliminated customer…
Read MoreSecuring monetary and financial stability
The forum emphasized the importance of an integrated policy framework Leading central bankers and economists gathered at the Asian Monetary Policy Forum to discuss the challenges of achieving both price stability and financial stability in today’s complex economic landscape. The forum, held in Singapore, featured prominent figures such as Professor…
Read MoreInvesting in generative AI technologies in 2023
2 out of 3 organizations in Asia/Pacific are exploring or have invested According to a recent report by IDC, approximately 32 per cent of organizations in the Asia/Pacific region have expressed their commitment to investing in generative AI technologies. Additionally, 38 per cent of respondents are exploring use cases to…
Read MoreOrganizations should increase optimal performance among employees
Organizations are not maximizing employees’ potential performance sustainably According to Gartner, Inc., only 41 per cent of employees are currently performing optimally and giving their best work consistently, with confidence to sustain it over the next year. The pandemic has brought about a shift in work dynamics, allowing for greater…
Read MoreKPM Analytics prevails in Trade Secret Misappropriation Trial
The unanimous verdict in favour of KPM reflects the strength of the evidence presented KPM Analytics, a global leader in scientific instrumentation and machinery for the food and agricultural industries, has announced a resounding victory in a recent jury trial involving trade secret misappropriation claims. The jury, after an extensive…
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