World’s first AI university demonstrates its relevance Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) recently held its second commencement ceremony for the Class of 2023, further strengthening the global AI talent pool and contributing solutions to pressing challenges in health, education, and climate. The ceremony took place at the…
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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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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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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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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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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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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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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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Technology has an outsized role in almost every aspect of sustainability DXC Technology, a global technology services company, predicts that software will play a crucial role in creating a more sustainable future over the next five years. Henrik Hvid Jensen, Chief Technology Strategist at DXC, highlights five ways technology will…
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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…
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