Over the past ten years, digitalization has made people’s lives easier Navigation apps that show real-time traffic information and estimated travel time, virtual fitting rooms that help you get the most fitted clothes you want when you shop online, and virtual museums where you can get close to valuable cultural…
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Technological innovations changing Australia’s productivity landscape
Improving service sector productivity through digitisation. Australia’s economy, like that of almost all other rich countries, is increasingly dominated by its service sector. If Australians are to experience ongoing wage and productivity growth, it will have to come largely from service industries, which account for 90 per cent of Australian…
Read MoreFood manufacturers must accelerate digitisation
Singapore aims to make going digital simpler for food manufacturers About 1,000 food manufacturers and 50,500 workers can take advantage of the Food Manufacturing Industry Digital Plan (IDP) launched by Low Yen Ling, Minister of State for Trade and Industry, during her visit to Tiong Lian Food Pte Ltd today. The IDP…
Read MoreDigitisation helps Suncorp Group’s half yearly earnings
Forecasted focus on delivering for customers, further digitising, and automating the core businesses. Australian financial services organisation, Suncorp Group Suncorp has delivered strong results for the first half of 2020, with cash earnings of A$509 million, up 39.5 per cent. The financial services attribute a refocused strategy that includes further…
Read MoreAlphabet’s Google commits US$10B to accelerate digitisation in India
Google’s focuses on the rapid pace of growth of apps and software platforms in India. By Sankalp Phartiyal and Aditya Kalra NEW DELHI (Reuters) – Alphabet Inc’s Google on Monday said it would spend around US$10 billion in India over the next five to seven years through equity investments and…
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