Sustainable investments are necessary for a comprehensive transformation programme, including the redesign of business processes. IoT should ultimately be viewed as an ever-present ingredient in an organisation’s architecture that facilitates operational outcomes.
The country is Latin America’s largest technology ecosystem with the IT market growing 9.8% in 2018, reaching $47bn and surpassing previous forecasts of 4.1% growth for the period and will continue to grow at 10.5% in 2019, according to a study prepared by IDC in partnership with the Brazilian Software Association (ABES).
Work transformation is critical for effectively scaling digital initiatives and will help increase business agility, worker productivity, and operational efficiency. Most importantly, it will facilitate greater stakeholder engagement and drive greater business value, enabling organisations to establish competitive differentiation in a dynamic environment.
As businesses today continue to harness the power of globalization to expand performance, the role of effectively sourcing goods and services from suppliers has become inevitable. Additionally, procurement is transforming into a more strategic function that is aligned to organizational goals and objectives. Furthermore, issues like economic and political volatility, technological disruption, etc. have rendered market a fierce competition. Hence, it is important for organizations to adopt effective strategic sourcing skills and processes to maximize their business performance and efficiency to gain a competitive advantage over their peers........
With IoT-fueled communication, vehicles would have real-time data on where everything else on the road is. This information would then enable cars to brake or turn when necessary to avoid a collision. Assisted driving features are already present in many vehicles, but IoT’s interconnectivity would make them more accurate.
We still have a long way to go before we even determine what ‘business-as-usual’ will look like—never mind reach it again. And when that happens, remember: the worst thing to do when it comes to supply chain risk management is nothing at all....
While digital strategies play a vital role for businesses and auditors to remain productive during the COVID-19 crisis, technology tools were already being deployed to substantially improve audit quality and assurance.
The IT services industry has remained a crown jewel in India’s success story, and a key growth catalyst in the nation’s economy. This industry grew to $181 billion in 2018-19, accounting for nearly 45% share of India’s total services exports and contributed around 7.7 per cent to the country’s GDP. Yet, it struggles to maintain its position and relevance in the industry today. What does it take for a turnaround?
From driverless cars through medical drones to artificial intelligence (A.I.), advanced technologies are enhancing the field of emergency medicine. It’s helpful to have a better look at how those technologies are influencing emergency care and what lies ahead.
Agility is vital to keep every business up and running. Procurement is one of the functions, which requires constant change. Today, procurement teams are expected to play a strategic and tech-enabled role. Before, procurement teams had two focuses: cost reduction and risk mitigation. The advent of automation and cloud services has led to more emphasis on efficiency, accessibility, and sustainability of purchasing decisions.