Digital technologies – Bizim Kasa http://bizimkasa.com/ Sat, 22 Jan 2022 01:13:51 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://bizimkasa.com/wp-content/uploads/2021/06/icon-56-150x150.png Digital technologies – Bizim Kasa http://bizimkasa.com/ 32 32 In times of crisis, manufacturers turn to AI https://bizimkasa.com/in-times-of-crisis-manufacturers-turn-to-ai/ Fri, 21 Jan 2022 22:09:26 +0000 https://bizimkasa.com/in-times-of-crisis-manufacturers-turn-to-ai/ The volatility of artificial intelligence estimates in the manufacturing market – $5 billion or $10 billion or $16 billion between 2025 and 2027 – corresponds to the volatility of the manufacturing industry when Covid-19 broke the chains of supplies and disrupted logistics networks, all over the world. But all point to a surge in AI […]]]>

The volatility of artificial intelligence estimates in the manufacturing market – $5 billion or $10 billion or $16 billion between 2025 and 2027 – corresponds to the volatility of the manufacturing industry when Covid-19 broke the chains of supplies and disrupted logistics networks, all over the world.

But all point to a surge in AI adoption as manufacturers rapidly digitize to adapt to a post-pandemic reality. According to the Infosys Digital Radar 2020 report, manufacturing is among the industries with the greatest improvement in digital maturity over the previous year.

Another separate survey conducted in October-November 2020 of more than 1,100 senior manufacturing executives worldwide found that nearly two-thirds of manufacturers use AI in their day-to-day operations, while a quarter do. spent at least half of their total IT budget.

While there are limitless possibilities for AI in manufacturing, most companies prioritize use cases that solve their problems in the areas of quality assurance, risk mitigation, and inventory/supply chain management.

AI, from quality assurance to disaster prevention

Unlimited data and the availability of affordable computing and storage to process it is the wind under AI’s wings. The beauty of AI technologies is that they are able to understand unstructured information – video, sound, photographs, gestures – which make up around 90% of a company’s data.

Unstructured data is a rich source of information, which sadly goes largely unused as companies stick to neatly ordered information in their internal databases.

But that is slowly changing as manufacturers realize that AI, applied to unstructured data, can provide unprecedented visibility into unknown unknowns to deliver real value.

Some of the most compelling use cases are in quality assurance, where AI can proactively identify issues to prevent a later crisis: take product recall, for example.

Most incidents are due to design or manufacturing faults, resulting from a combination of human, machine and process factors. AI-powered pattern-matching solutions can monitor video streams and operational parameters to detect anomalies early, long before they turn into a serious problem.

Unsurprisingly, the auto industry could be one of the biggest beneficiaries – Ford is using image recognition to spot wrinkles in its seats.

Recently, General Motors recalled its Chevrolet Bolt EV when it detected a manufacturing defect from a supplier related to a fire hazard; the company could have avoided this problem by proactively using AI in manufacturing.

AI, monitoring the workshop to mitigate risk

AI can monitor sensor data and flag anomalies that could lead to equipment failure or downtime. Machine learning and predictive analytics tools can perform what-if analysis on equipment data, including vibration, temperature, and speed, to simulate various scenarios if any of these parameters change and trigger an alarm if necessary.

The Port Authority of Singapore, for example, is using AI to create a digital twin of its container shipping hub and with it, simulating multiple scenarios to decide on the optimal location for a vessel based on its manpower, space and asset requirements.

AI, to manage inventory in times of supply crisis

The chip shortage problem has forced automakers to change the way they manage inventory. Instead of ordering chips just in time, automakers plan their inventory in advance.

Proving more accurate than traditional methods for forecasting demand and planning supply, AI can play a valuable role here, listening to various inputs to make inventory decisions autonomously, in real time.

Based on demand at any given time and available stock, the solution can calculate safety stock, reorder levels, and order quantity.

Stung by the chip crisis, some automakers are turning to a make-to-order business model, producing vehicles only against confirmed orders.

Ford requires customers to order vehicles online instead of choosing a vehicle from dealer inventory; there is a place here to use AI to decide the final configuration based on the choice of features and the availability of chips and parts, in order to maximize the profit on each sale.

In e-commerce, Amazon uses AI to estimate demand and store items in warehouses as close to the customer as possible.

AI, to manage complex supply chains

With global ties, expansive product portfolios and now Covid-fueled disruptions, supply chains are a complex thing.

As manufacturers also grapple with changing regional alignments and environmental regulations, they need agility and flexibility in managing their supply chains.

AI-powered supply chain solutions can help the manufacturing industry meet these challenges by making sense of huge volumes of data, providing end-to-end visibility, and enabling businesses to take better decisions, faster and independently.

The manufacturing sector is no stranger to upheaval, but the disruption caused by the pandemic could be its biggest challenge yet.

The good news is that the industry has embraced digital technologies, including artificial intelligence, to overcome its problems and focus on sustainable modes of operation.

Manufacturers are also embracing new trends like Tiny AI that help them automate manufacturing processes in a sustainable way.

While the list of use cases is virtually endless, most companies deploy AI to control quality, mitigate risk, and also to deal with uncertainties in the supply chain.

Vijay Narayan has over 25 years of experience developing strategies and delivering technology-driven business performance improvements for Fortune 1000 companies. He is Senior Vice President and Industrial Leader of Manufacturing at Infosys, where he is responsible for managing sales and delivery professionals as well as developing and executing strategic roadmaps for Infosys manufacturing.

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Campaign to promote digital skills among women launched https://bizimkasa.com/campaign-to-promote-digital-skills-among-women-launched/ Thu, 20 Jan 2022 03:16:18 +0000 https://bizimkasa.com/campaign-to-promote-digital-skills-among-women-launched/ New Delhi, Jan 20 (IANS): In the age of the Internet, ‘WWW’ may stand for ‘World Wide Web’, but to empower young women and girls, the High Commission of Canada, in partnership with the Digital Empowerment Foundation, coined it from a different way by launching an initiative called ‘World Wide Women – A Women’s Digital […]]]>

New Delhi, Jan 20 (IANS): In the age of the Internet, ‘WWW’ may stand for ‘World Wide Web’, but to empower young women and girls, the High Commission of Canada, in partnership with the Digital Empowerment Foundation, coined it from a different way by launching an initiative called ‘World Wide Women – A Women’s Digital Leadership Campaign’.

Ahead of “National Day of the Girl Child and International Day of Education”, the campaign aims to educate young women and girls from rural and marginalized communities in five Indian states, as well as parts of Nepal and Bhutan, to build their capacity in digital entrepreneurship, internet use and digital marketing, through a series of training workshops.

“I am delighted to launch the ‘World Wide Women’ campaign today. Canada is committed to taking concrete action to achieve digital equality and ensure that women and girls have access to digital tools and have the skills to use digital tools to participate in decision-making . this commitment is reflected in Canada’s role as Chair of the Freedom Online Coalition in 2022,” said Deputy High Commissioner for Canada Amanda Strohan.

The collaborative program will reach 1,50,000 women across three country cohorts, 150 digital entrepreneurs and 15 digital superwomen.

During the launch of the initiative, a panel discussion on “Women’s digital leadership: opportunities and challenges” provided information on the main barriers women face in using digital technologies, and on the different approaches to use existing skills development programs to improve women’s digital skills.

Trainees from rural India, Nepal and Bhutan also participated and shared their enthusiasm for the program and their ambition to become future entrepreneurs.

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Nazara Technologies acquires majority stake in Datawrkz for Rs 124 cr https://bizimkasa.com/nazara-technologies-acquires-majority-stake-in-datawrkz-for-rs-124-cr/ Tue, 18 Jan 2022 07:36:00 +0000 https://bizimkasa.com/nazara-technologies-acquires-majority-stake-in-datawrkz-for-rs-124-cr/ Gaming and sports media company Nazara Technologies announced on Tuesday that it will acquire a 55% stake in programmatic advertising and monetization company Datawrkz for around Rs 124 crore. The transaction values ​​the Bengaluru-based company at Rs 225 crore (about US$30 million), tied to CY 22 EBITDA performance, according to a filing. The Board of […]]]>

Gaming and sports media company Nazara Technologies announced on Tuesday that it will acquire a 55% stake in programmatic advertising and monetization company Datawrkz for around Rs 124 crore.

The transaction values ​​the Bengaluru-based company at Rs 225 crore (about US$30 million), tied to CY 22 EBITDA performance, according to a filing.

The Board of Directors has approved the strategic investment through the acquisition of 37,498 shares – representing 55% of the share capital, on a fully diluted basis – of Datawrkz Business Solutions Private Limited together with its wholly owned subsidiaries for consideration total not exceeding Rs 124 crores in two tranches, he added.

The shares will be purchased from existing shareholders Senthil Govindan, Karthigha Dhanabalan, K Arunprabu, Mayank Khirwadkar and Vishal Tukaranm Garale, it said.

In the first tranche, Nazara will acquire a 33% share for Rs 60 crore in the first quarter of FY 2022-23 and reserves an option to acquire an additional 22% share in the second tranche which is expected to close on fourth quarter of fiscal year 2022-23, the filing adds.

In a statement, Nazara said that the Rs 60 crore payable, Rs 35 crore is partly payable in cash and the balance of Rs 25 crore will be paid either in cash or in exchange for shares in the first installment by April 2022.

Datawrkz’s technology offerings will enhance Nazara’s internal capabilities to optimize its customer acquisition spend as well as ad monetization returns from its broad consumer base. This monetization of advertising revenue should help many companies in the “Friends of Nazara” network.

With this transaction, Datawrkz also aims to establish itself as a key player in gaming, covering both supply and demand for the gaming ecosystem in the United States and India.

Founded in 2013 by Senthil Govindan, Datawrkz is a global advertising technology company focused on accelerating user growth and client revenue through highly optimized digital advertising.

With offices in the United States, Singapore and India, the company operates as an independent dealing desk to power digital media strategy, planning and execution.

For calendar year 2021, Datawrkz recorded combined revenue of Rs 90.7 crore (approximately USD 12.1 million).

At Nazara, we seek to create strong gaming advertising technology offerings globally through the partnership with Datawrkz.

We strongly believe that the growth of gaming-focused advertising technologies will be exponential over the next decade in all geographies with the growth of players and game publishers on freemium, Web 3.0 and real-money based games. on skills, said Nazara Technologies CEO Manish Agarwal.

He added that ad tech companies with deep data processing capabilities and first-party data ownership will become the winners of gaming-focused ad tech and help Datawrkz create value for itself as well. than for Nazara shareholders.

In recent years, Nazara has acquired several companies and strengthened its position in electronic sports, interactive games and the gamified early learning space with its “Friends of Nazara” network.

Nazara acquired a majority stake in Nodwin Gaming (57.05%); Next Wave Multimedia (52.38%) – which operates the mobile cricket simulation game World Cricket Championship (WCC), Absolute Sports which operates Sportskeeda (63.90%), the fun early learning app Paper Boat Apps (50.91%) and OpenPlay gaming platform skill (100%).

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Ricardo and Pilar Quintero find a successful niche in the e-commerce beauty line https://bizimkasa.com/ricardo-and-pilar-quintero-find-a-successful-niche-in-the-e-commerce-beauty-line/ Sun, 16 Jan 2022 14:10:21 +0000 https://bizimkasa.com/ricardo-and-pilar-quintero-find-a-successful-niche-in-the-e-commerce-beauty-line/ Ricardo and Pilar Olivero. Contributing photo. In April 2017, Ricardo Quintero resigned as chairman of Movado Group, the global watchmaker, after taking what he considered one too many business trips that took him away from his family. “After this trip, I felt that I didn’t want to travel all the time,” he recalls. “I didn’t […]]]>
Ricardo and Pilar Olivero. Contributing photo.

In April 2017, Ricardo Quintero resigned as chairman of Movado Group, the global watchmaker, after taking what he considered one too many business trips that took him away from his family.

“After this trip, I felt that I didn’t want to travel all the time,” he recalls. “I didn’t want to be in meetings all the time – I wanted to take a different path.”

Prior to taking over as CEO of the Movado Group in 2014, Quintero spent four years at The Estée Lauder Companies Inc. as Senior Vice President and Global Brand Director Clinique. He was interested in returning to this industry, but in partnership with his wife Pilar.

“Even though she didn’t work in the beauty industry, her ideas in terms of products, in terms of product use, in terms of marketing and ideas were amazing,” he continued. “So we thought, ‘Why don’t we try to launch a brand together that takes advantage of all the new technologies available to everyone?’ We wanted to combine harnessing digital technologies and starting our own e-commerce business. »

For Pilar Quintero, the leap into entrepreneurship was a bold step in a new direction.

“I was a stay-at-home mom,” she said. “I was pretty much the one holding the fort while Ricardo was working and seeing him pretty much on the weekends before he got on the next flight to China or Europe.”

The Quinteros are originally from Mexico, but for Pilar, the seasonal changes in their Greenwich surroundings haven’t always worked in her favor.

“In Mexico City, we don’t have those seasons, so this dry air and going from air conditioning to heating really took a toll on my skin,” she said. “I would sit down with Ricardo and say, ‘I don’t understand how you can’t tell me exactly what my skin needs and then tell me to use 10 products. I don’t have time to use all these products and I want something simple that will work.That’s when we decided to start the business.

Ricardo contacted a colleague from his Clinique days to help them formulate the product line and the couple visited several labs before settling on the facility to manufacture their Care Skincare product line.

“We boiled it down to the basics: having a good cleanser, having a good moisturizer, and having a good anti-aging product that would really target the signs of aging,” Pilar said. “We created five multitasking products, meaning one product would do part of what two or three other products would do.”

Quinteros’ Care Skincare product line includes a cleanser and toner, three moisturizers – one gel-cream, one water-based and the third as a ‘repair’ product with peptides and antioxidants – and what Pilar described as an “eye and lip cream that works for your skin around your eyes and around your mouth.

The product line also includes a retinoid serum to use at night to promote cell renewal and a pack of biodegradable wipes.

Care Skincare had a soft launch among friends and family of Quinteros in December 2018 before being released to the general public in January 2019.

Ricardo admitted that “it takes time for the brand to become known in a very competitive market”, but 2020 turned out to be a “fantastic” year as the Covid-19 pandemic found consumers newly confined to the home discovering their product. But despite occasional digital glitches, including changes to Facebook’s advertising algorithm, Care Skincare has found a receptive audience.

“We have a very loyal and very solid customer base,” said Ricardo. “We’re very proud to have 35,000 customers and a very high repeat rate, which means customers have not only tried the product once, but want more.”

Ricardo added that Care Skincare also maintains a storefront on Amazon.com, but he does not plan to expand into physical retail “because that requires another set of costs and we would have to sell our products at a much higher price. . ”

Looking ahead to 2022, Quinteros are looking to expand their product line to include sunscreen – early products tested failed to meet their standards. And although Care Skincare advertised in Spanish, the couple have no immediate plans to market in their native Mexico or anywhere else in the world.

“Eventually we will see if we expand to Mexico or Europe or other countries,” Pilar said. “But right now the United States is a big enough market to focus on.”

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Light Announces Appointment of New Secretary for Innovation, Science and Technology https://bizimkasa.com/light-announces-appointment-of-new-secretary-for-innovation-science-and-technology/ Sat, 15 Jan 2022 00:06:18 +0000 https://bizimkasa.com/light-announces-appointment-of-new-secretary-for-innovation-science-and-technology/ The next head of the Secretariat for Innovation, Science and Technology will be former academic dean of Unisinos Alsones Balestrin. The selection was announced by Governor Eduardo Lett on Friday (1/14). Minister Louis Lamb, in charge of the portfolio since the beginning of the administration, announced last Monday (1/10) his departure from the government. “Once […]]]>

The next head of the Secretariat for Innovation, Science and Technology will be former academic dean of Unisinos Alsones Balestrin. The selection was announced by Governor Eduardo Lett on Friday (1/14). Minister Louis Lamb, in charge of the portfolio since the beginning of the administration, announced last Monday (1/10) his departure from the government.

“Once again, I thank Lamb for his hard work and dedication during these three years of government, and in particular his tireless performance during the coronavirus pandemic. Now, I’m sure Professor Ballestrine is fully committed to state innovation policy and has the capacity, knowledge, and connections to academia and the private sector. Ensure that the country keeps innovation policy at the heart of its development strategy,” Light emphasized.

The opening ceremony will take place next Wednesday (1/19) on a date to be determined.

“I was honored to invite the Governor to serve as Minister of Innovation, Science and Technology. I look forward to continuing the wonderful work done by Secretary Lamb and his entire team. I will do everything in my power to ensure that innovation, science and technology drive development, wealth creation and quality of life for all gauchos,” Ballesterine said.

Balestrin was Academic Dean of Unisinos for 12 years. He is co-founder of the Alliance for Innovation UFRGS-PUCRS-Unisinos and Pacto Alegre, Agreement between educational institutions, government, private entrepreneurship and civil society to encourage collaborative entrepreneurship.

resume

Alsones Balestrin holds a double doctorate, in Business Administration from the Federal University of Rio Grande do Sul (UFRGS) and in Information and Communication Sciences from the Institute of Communications and Digital Technologies of the University of Poitiers / France. Postdoctoral training in business administration at the École supérieure de commerce, HEC/Montréal-Canada. He holds a master’s degree in management from UFRGS and a bachelor’s degree in accounting sciences from the Universidade Provincial Integral de Alto Uruguay y das Mises (URI). He was trained and certified as a board member by the Brazilian Institute of Corporate Governance (IBGC).

At Unisinos, where he taught for more than 20 years in the School of Management, he served as Academic Dean (2017-2022) and Director of Research and Graduate Studies (2009-2017). He has been working since 2007 as a visiting professor at the Institute of Business Administration of the University of Poitiers / France. He is a researcher in productivity at CNPq (PQ1D) and author of national and international books and articles on the theme of strategy, technology and innovation. He has worked in various organizations as a board member and in other leadership positions. He was one of the founders of the UFRGS-PUCRS-Unisinos and Pacto Alegre Innovation Alliance.

Text: Suzy Scarton
Editing: Vitor Nikki/Sicom

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My opinion: Can production efficiency also be green? https://bizimkasa.com/my-opinion-can-production-efficiency-also-be-green/ Thu, 13 Jan 2022 03:30:00 +0000 https://bizimkasa.com/my-opinion-can-production-efficiency-also-be-green/ Sustainability has moved to the top of the global agenda – and the imperative to tackle climate change is particularly pressing in Asia. The region could face more intense impacts than other regions, with its high volume of low-lying coastal towns at risk of flooding and typhoon, large increases in heat and humidity predicted in […]]]>

Sustainability has moved to the top of the global agenda – and the imperative to tackle climate change is particularly pressing in Asia. The region could face more intense impacts than other regions, with its high volume of low-lying coastal towns at risk of flooding and typhoon, large increases in heat and humidity predicted in the region, and extreme rainfall or drought, depending on location.

At the same time, significant changes are taking place in the growing role of digital technologies in all sectors. As Malaysia seeks to spur manufacturing recovery from Covid-19, the adoption of Fourth Industrial Revolution (4IR) technology can play a vital role.

Sustainable digitization in manufacturing

Take, for example, manufacturing. Today, many assume that improving manufacturing productivity must come at the expense of environmental sustainability. If we are to achieve the climate goals set by governments and policymakers around the world, this assumption must be challenged.

Fortunately, in light of a recent report by the Intergovernmental Panel on Climate Change (IPCC), described by the United Nations as “code red for humanity”, more and more industrial companies around the world challenge this notion.

So how can manufacturers achieve eco-efficiency? Applying 4IR technologies on a larger scale may be the answer.

Application of 4IR technologies to improve sustainability and productivity

The Global Lighthouse Network (GLN), an initiative of the World Economic Forum in collaboration with McKinsey & Co, shows how 4IR technologies — think artificial intelligence (AI), robotics and the Internet of Things (IoT) — create critical digital capabilities. Collectively, GLN factories are transforming manufacturing by showing how smart production can also be green.

The results speak for themselves: by deploying advanced technologies such as advanced analytics and AI in the production line, 64% of Lighthouse’s 90 factories are already seeing the impact on environmental sustainability.

Nearly 64% of Lighthouses report a sustainability impact as part of their 4IR transformations – but some companies go beyond sustainability, as sustainability is the fundamental driver of their business programs. The new designation “Beacon of Sustainability” was created to recognize these leaders.

In addition to revolutionizing the manufacturing operations characteristic of other GLN sites, the ‘Sustainability Beacons’ demonstrate their commitment to environmental sustainability in new and inspiring ways. Although there are no such beacons in Asia yet, all GLN members, whether newly recognized or existing, could be designated sustainability beacons in the future.

A Case Study: The Lighthouse of Malaysia

Recently, Western Digital’s Batu Kawan site in Penang became Malaysia’s first flagship in recognition of its 4IR-focused transformation.

In line with the recent increase in demand for flash memory products, Western Digital Penang needed to quickly reshape its manufacturing operations. In response, the company launched its 4IR-driven “lights-out” manufacturing initiative to automate various aspects of production and logistics through “advanced analytics and proprietary artificial intelligence solutions.”

Through this initiative, it has resulted in a 32% improvement in factory costs, a 360% increase in labor productivity, and a more efficient intelligent make-to-order scheduling system that has enabled the company to reduce product inventory and order lead times by 50% – all while keeping environmental sustainability in mind.

Its employees were also at the heart of Western Digital Penang’s 4IR transformation. Through its IIOT Academy program, the company enhances the skills of its employees to build a future-ready workforce – where employee skills are anchored and complemented by 4IR tools and technologies.

What future for Malaysia?

Western Digital Penang’s recognition as Malaysia’s first flagship not only solidifies the country’s reputation as a smart manufacturing hotbed, but also sets the bar for other Malaysian manufacturing players in the years to come. By using 4IR tools and technologies such as AI, IoT and robotics in their operational transformation, companies like Western Digital Penang are setting a new standard for “cognitive manufacturing”.

Accelerating the adoption of Industry 4.0 in Malaysia could also benefit environmental sustainability. 4IR transformations based on digital and analytics tools can augment not only green technology, but also current production methods by boosting efficiency. By embracing 4IR-driven transformation, a new kind of eco-efficiency becomes possible, where sustainability and competitive excellence are not only compatible, but intertwined.

The critical need for adoption of 4IR technology in manufacturing

The adoption of 4IR technology could play a vital role in helping Malaysia advance its manufacturing recovery from the Covid disruptions. As stated in the 2022 budget, efforts to accelerate “digital and technological infrastructure” as well as the implementation of various programs “to boost the contribution of micro, small and medium-sized enterprises (MSMEs) to the economy” will be priorities over the coming year – such as 5G infrastructure and 4IR technologies.

Likewise, our research found that small and medium-sized enterprises (SMBs) can fall behind companies that already have critical capabilities – such as manufacturing execution systems, IT/OT stacks and data marts – in place. Ensuring that SMEs keep pace with large manufacturing players will be essential for their survival in a post-pandemic landscape.

The implementation of 4IR-based technologies in manufacturing operations in Malaysia will be vital to the sector’s post-Covid-19 recovery and will help cement the country’s position as a beacon of manufacturing excellence in the years to come. to come.


Matteo Mancini is a senior partner in McKinsey’s Singapore office and Vaibhav Dua is a partner in McKinsey’s Kuala Lumpur office.

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IT careers: 5 thriving IT skills and 4 disappearing IT skills for 2022 https://bizimkasa.com/it-careers-5-thriving-it-skills-and-4-disappearing-it-skills-for-2022/ Tue, 11 Jan 2022 08:04:15 +0000 https://bizimkasa.com/it-careers-5-thriving-it-skills-and-4-disappearing-it-skills-for-2022/ There is no doubt that a war for IT talent is underway. Almost three-quarters (73%) of global technology leaders surveyed for the IEEE Impact of Technology in 2022 and Beyond survey say recruiting technologists and recruiting open technology positions in the coming year will be difficult . However, the needs of the business and the […]]]>

There is no doubt that a war for IT talent is underway. Almost three-quarters (73%) of global technology leaders surveyed for the IEEE Impact of Technology in 2022 and Beyond survey say recruiting technologists and recruiting open technology positions in the coming year will be difficult .

However, the needs of the business and the capabilities of the tech talent market are mixed. There are arduous and lukewarm skills and a variety of business technology requirements. Figuring out how to best match supply and demand has become as much an art as a science. By 20222, it will be important to create “micro-career paths aligned with individual aspirations,” says Yugal Joshi, vice president of digital, cloud and application services research for the strategic consulting firm in IT and Research Everest Group based in Dallas, Texas.

It’s also important to understand which abilities are likely to increase in value and which are likely to decrease, for both hiring managers and job applicants. Here are five booming computer skills – and four in decline – for 2022.

[ Are you up to speed on 2022’s biggest tech trends? Read also: 10 tech predictions for 2022. ]

Thrive: Product Management

“As more CIOs embrace agile development and move away from a ‘projects’ approach, they need people with a mix of technology, business and leadership skills to bring products to market. high-impact technologies, whether internal or external to the company, ”said Martha Heller, CEO of Heller Search Associates.

Booming: cloud and container technology

“One of the skill sets that will be in high demand by 2022 is cloud computing, particularly the configuration, deployment, security and troubleshooting of cloud services,” says Kelsey Person, senior project manager at the company. recruitment and staffing in LaSalle Network technology.

Organizations have dramatically accelerated and expanded their adoption of cloud infrastructure in response to the challenges of the pandemic and will continue to do so in pursuit of digital transformation initiatives that often go hand in hand with the cloud. The Linux Foundation’s 2021 Open Source Jobs Report found that cloud native skills are now in higher demand than any other technical discipline. Almost half (46%) of recruiters are looking for cloud and container technology skills, making it the most requested skill set by recruiters, followed by the Linux category, for the second year in a row.

In addition to capabilities on major public cloud infrastructure platforms, skills around Kubernetes and DevOps cloud services will also see increased demand, said Ashwin Venkatesan, vice president, technology and enterprise services at Everest. Group.

[ Learn more about hybrid cloud strategy. Get the free eBooks, Hybrid Cloud Strategy for Dummies and Multi-Cloud Portability for Dummies. ]

Thrive: drive change

This is the “number one skill” that CIOs are talking about right now.

It’s “the number one skill” CIOs are talking about right now, says Dan Roberts, CEO of Ouellette & Associates, consultant and host of the CIO Whisperers podcast. It is also one of the “power skills” identified by Ouellette & Associés in its own research, which separates high performing technology leaders from others. While many managers and IT managers know how to manage people, managing change requires a different arsenal of skills, including an understanding of the dynamics of change, experience of executives and change leadership tools, the ability to create a clear roadmap for change and a structure and process to support it; and the ability to manage organizational risks, human challenges and success factors of change initiatives.

“With so many evolving areas, you need to focus on evaluating change in all projects and programs, rather than a siled approach within each area,” says Melanie Kalmar, Corporate Vice President, CIO and Chief Digital Officer at Dow.

Right now, too many changes are affecting some frontline roles at the same time. Better orchestration will lead to better prioritization of projects.

[ Hear more from Dow CIO Melanie Kalmar. Read also: Dow CIO: Digital transformation demands rethinking talent strategy. ]

On the rise: software engineering

“The demand for software engineers hit an all-time high in 2021 in the wake of the pandemic, and there is no indication that it will stop by 2022. In fact, the demand for high-quality engineers will continue. likely to increase in 2022. as cutting-edge tools like AI / ML and automation become must-have features for growing businesses, ”said Christine Spang, co-founder and CTO of Nylas.

Compensation and benefits remain key to attracting and retaining developer talent, but training, mentoring, career guidance and growth opportunities, as well as a culture of innovation are also important assets. . “Organizations continue to move beyond traditional ways of operating and embrace new, creative strategies, and developers are behind every step of the application process,” says Person of LaSalle Networks, who notes that Python, JavaScript, C #, .NET, React, Angular developers and Golang are the most requested.

Booming: cybersecurity mindsets for all

“As companies move forward in their digital transformation process, with deep / broad convergence in functional areas such as R&D, manufacturing, engineering, supply chain and logistics – combined with the adoption of cloud – there are new and evolving threat vectors and attack surfaces, ”says Kalmar. “The risk of insider threats continues to grow. Global trade becomes even more complicated as countries continue to enact their laws on cybersecurity and data privacy and the resulting aspects of data sovereignty. “

The appropriate response to increased risk and complexity is to embrace a culture of “safety by design”, says Kalmar. “And that will require upgrading and requalification around cloud, networks, threat hunting, private sector / public / government collaboration, privacy, and counterintelligence.”

Fading: Unique technology expertise

As the success of the business will depend on a confluence of digital technologies, polytech capabilities and leadership will be the name of the game. CIOs will look for people who can orchestrate a complex landscape of technologies and business processes and understand the business processes. trends such as advanced computing and AI.

De La Salle notes, “IT perspectives change rapidly and employers are looking for skills in combinations that match their future needs. IT professionals looking to stay competitive should avoid over-specializing in niche products or technologies.

Fading: STEM degrees still required

“We are seeing more and more companies hiring people based on the skills they have, not on a degree,” says Jim Chilton, CIO of education technology company Cengage Group, noting that his IT organization has gone blind to diplomas for many of his roles. “This requirement will continue to become more optional for many jobs and industries.”

Fading: traditional PMO leadership

With the rise of agile integrated IT delivery, the skills and processes associated with traditional project management will become less and less valuable, says Heller. “Companies moving to a product model have less need for traditional PMOs,” Heller explains.

Fading: technical contributors only

“Even the largest enterprise IT organizations have started to realize that soft skills are actually the most difficult. You need technical skills, yes, but you also need excellent communication skills, empathy and, especially for leaders, the ability to inspire and motivate your staff, ”says Lorna mitchell, developer relations manager at Aiven.

Chilton of Cengage says management and leadership skills are important at all levels. “People need to be prepared to lead not by title but by practice; in this competitive environment, we need people who are ready to lead their teams, ”he says. And since technical skills themselves change rapidly, the most important skill is the same, says Mitchell. “Everyone who works in technology needs to learn quickly and always have a head start on the work that is about to land on their desk. “

[ Get exercises and approaches that make disparate teams stronger. Read the digital transformation ebook: Transformation Takes Practice. ]

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Technology-driven health insurance – Mayank Bathwal https://bizimkasa.com/technology-driven-health-insurance-mayank-bathwal/ Sun, 09 Jan 2022 12:32:01 +0000 https://bizimkasa.com/technology-driven-health-insurance-mayank-bathwal/ With the onset of the pandemic, the health insurance industry has undergone a sea of ​​change over the past two years. The pandemic has made everyone aware of the uncertainties of life and their lack of preparedness in the event of a health emergency. Since the onset of Covid, health insurance premiums have been the […]]]>

With the onset of the pandemic, the health insurance industry has undergone a sea of ​​change over the past two years. The pandemic has made everyone aware of the uncertainties of life and their lack of preparedness in the event of a health emergency.

Since the onset of Covid, health insurance premiums have been the main driver of the non-life insurance industry. Despite a long period of nationwide lockdown, the healthcare segment grew significantly 34.2% in the current fiscal year (YTD) on July 22, compared to a growth of 9. 9% recorded during the fiscal year in July of fiscal year 21.

While we have seen rapid growth in the health insurance industry as a whole, some key changes / trends to watch for next year are:

Steady growth momentum: The growth engine / trajectory will continue as the Medicare category has caught the attention of consumers. With a major shift in consumer perception of the industry, attention has gradually shifted from health insurance to health insurance. The underlying cause of this change was the rising cost of hospitalization which made people realize the need for health insurance. Consumers have now started to view health insurance as an essential investment that provides healthy health coverage.

New and Innovative Offerings: There is a growing opportunity for the industry to come up with new and innovative product offerings that address unmet customer needs. A large part of the customer segments still do not have specialized health policies. There is currently a great void in the market which is waiting to be filled with innovative and personalized products. For example, offers for people with certain conditions from day 1, offers to cover outpatient expense coverage, look at certain customer segments whose needs have not yet been fully met, etc.

Common Health Claims Platform: Swasth alliance, a collaboration, was launched last year by Swasth Digital Health Foundation (a nonprofit initiative) to leverage digital technologies that will drive health care inclusion and improve outcomes health. This will create a digital backbone for integrated healthcare delivery and also make communication between all stakeholders transparent and bring standardization to the whole process.

Provide coverage to the missing link: According to the recent Niti Aayog report, while the extension programs of Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) government and the state government, provide coverage of full hospitalization at the bottom 50% of the population, another 20% are covered by social health insurance and voluntary private health insurance. The remaining 30% of the population have no health insurance; and is called the missing middle. Ayushman Bharat’s existing infrastructure can be used to extend coverage to the missing intermediate population.

New distribution channels: We will see the emergence of large consumer technology platforms as distribution channels for health insurance. With the growing need and value of health insurance, these new channels will certainly contribute to a much more refined customer experience while helping to create an organized offer with personalization. It will also help create a template that is both transparent and personalized.

Technology and Digitization: There will be an increasing use of technology and digital to create new opportunities, not only to acquire customers, but also to help with customer lifecycle management. While health insurers have moved to remote sales and service teams, customers have also become very adept at using digital services at every step of the typical health insurance process. Customers have now started to make extensive use of their health insurer’s applications and website to access information and process claims. We expect this increase in the use of digital services to be a permanent fixture in the domestic insurance industry.

Warning: The opinions expressed in the above article are those of the authors and do not necessarily represent or reflect the opinions of this publisher. Unless otherwise indicated, the author writes in his personal capacity. They are not intended and should not be taken as representing any official ideas, attitudes or policies of any agency or institution.



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GSV Announces GSV EdTech 150, Top Digital Learning Companies https://bizimkasa.com/gsv-announces-gsv-edtech-150-top-digital-learning-companies/ Fri, 07 Jan 2022 19:37:00 +0000 https://bizimkasa.com/gsv-announces-gsv-edtech-150-top-digital-learning-companies/ Over 3,000 private companies backed by venture capital and private equity were evaluated to create the acclaimed list of companies revolutionizing the world of education technology. GSV estimates that together, these 150 companies reach about 3 billion people – almost half of the world’s population – and generate around $ 20 billion In income. “Today […]]]>

Over 3,000 private companies backed by venture capital and private equity were evaluated to create the acclaimed list of companies revolutionizing the world of education technology. GSV estimates that together, these 150 companies reach about 3 billion people – almost half of the world’s population – and generate around $ 20 billion In income.

“Today we are announcing the annual GSV EdTech 150,” said Luben Pampulov, partner at GSV Ventures. “As the global pandemic continues to push online learners, more and more companies are innovating in the digital learning space, making companies increasingly competitive to be in the top 150. We have rated over 3,000 companies worldwide this year. The way GSV sees it, Ed is on the edge, and more and more companies have the ideas, the know-how and the talent to transform the world and provide everyone with equal access to the future. We know these companies are well equipped to help us achieve this goal, and we look forward to seeing them do it. “

GSV launched the list of education technology leaders in 2020 with the EdTech 50. Due to the rapid growth of the sector, necessitated by a global pandemic and remarkable and continuous technological developments, the list has grown to 150 in 2021. In 2022, the industry shows no signs of slowing down, with the 150 companies selected for this year’s list collectively seeing double-digit revenue growth.

Learn more about the GSV EdTech 150 and the selection process here.

To arrive at the listing, GSV assessed over 3,000 private, for-profit companies funded by venture capital and private equity that met the following criteria:

  • VC or PE funded companies in digital learning, excluding public and not-for-profit companies
  • Companies which have reached a significant scale, and mainly, but not exclusively, those which are later than series A in their development
  • Companies experiencing strong organic growth in turnover

Final selection is determined by GSV’s proprietary scoring system, which applies scores to multiple KPIs such as revenue scale, revenue growth, active learner reach, international reach, and margin profile.

The GSV EdTech 150 is divided into three main areas: Lifelong Learning, Higher Education and Kindergarten to Grade 12. Lifelong learning (including workforce learning and adult consumer learning) is the leading sector with 42% of the GSV EdTech 150 falling into the category, with an additional 5% of companies serving the mix of lifelong learning and higher education and another 3% serving both K-12 and lifelong learning. Together, Kindergarten to Grade 12 and Early Childhood make up 27% of the list, while companies in the higher education sector make up only 5% and 9% of the GSV EdTech 150 serve a mix of the two. Interestingly, more companies are serving all sectors than ever before, with 9% of the GSV EdTech 150 serving the three main sectors.

North America – More precisely United States – is the most represented region with 56% of the GSV EdTech 150. 11% of the GSV EdTech 150 are from India, whose market is experiencing explosive growth with five EdTech unicorns that include BYJU, Eruditus, Unacademy, Upgrad and Vedantu. Europe, Africa, and the Middle East make up 17% of the list, with several high quality and fast growing companies such as OpenClassrooms, Multiverse and Photomath. Asia, Australia, and New Zealand represent 11% of the list, while China experienced a significant drop in representation due to increased government regulation. Latin America represents 5% of the list and shows strong growth trends, with companies like Hotmart, Descomplica and UOL EdTech leading the way.

The GSV EdTech 150 will be celebrated at the ASU + GSV Summit, the world’s first EdTech event connecting the greatest minds with the belief that everyone has equal access to the future, taking place live and in person in San diego, california, April 4-6, 2022. The 150 companies will have the opportunity to take the stage to participate in round tables or make 15-minute presentations on their business initiatives.

See the complete GSV EdTech 150 on www.asugsvsummit.com/edtech-150

GSV companies
GSV Ventures is a multi-stage, women-led, education-focused venture capital firm of more than $ 7 trillion. The fund is currently investing from the GSV Ventures Fund III and supporting innovative entrepreneurs around the world in the “Pre-K to Gray” Learning Arc. GSV manages more $ 675 million in global investments in EdTech. Portfolios include Andela, Class Technologies, ClassDojo, Coursera, Course Hero, Degreed, Guild, MasterClass, Outlier, Photomath, Quizizz, Lead School, Brightchamps, and ClassPlus, among others.

ASU + GSV Summit
The ASU + GSV Summit is the world’s premier event in education and technology. Started in 2010 with a collaboration between Arizona State University (ASU) and Global Silicon Valley (GSV), the annual summit connects leading minds focused on transforming society and businesses around learning and work. Educators, investors, industry leaders and entrepreneurs from around the world come together to participate in the innovation of the future of education for all. 2021 speakers included Mindy Kaling, Jeremy lin, Sal Khan, Arne duncan and Luis Von Ahn. Other speakers from previous years included the President Barack obama, President George W. Bush, former Secretary of State Condoleezza Rice, John Legend, common, Marian wright edelman, Bill gates, Sandra Day O’Connor, Hastings Reed, President Vicente Renard, Malcolm Gladwell, Gloria Steinem, Tony blair, and Howard schultz.

For media relations, contact:
Tessa coan, [email protected]

SOURCE GSV Ventures


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Global Digital Rights Management in Media and Entertainment Market Analysis Report 2021 with Emphasis on Mobile Content, Video on Demand, Mobile Games and Applications https://bizimkasa.com/global-digital-rights-management-in-media-and-entertainment-market-analysis-report-2021-with-emphasis-on-mobile-content-video-on-demand-mobile-games-and-applications/ Wed, 05 Jan 2022 16:39:00 +0000 https://bizimkasa.com/global-digital-rights-management-in-media-and-entertainment-market-analysis-report-2021-with-emphasis-on-mobile-content-video-on-demand-mobile-games-and-applications/ DUBLIN, January 05, 2022– (BUSINESS WIRE) – The “Digital Rights Management in Media and Entertainment Market Size, Share and Trend Analysis Report by Application (Mobile Content, Video on Demand, Games and mobile applications), by company size, by region and by segment The Forecast, 2021 – 2028 report “has been added to ResearchAndMarkets.com offer. Global digital […]]]>

DUBLIN, January 05, 2022– (BUSINESS WIRE) – The “Digital Rights Management in Media and Entertainment Market Size, Share and Trend Analysis Report by Application (Mobile Content, Video on Demand, Games and mobile applications), by company size, by region and by segment The Forecast, 2021 – 2028 report “has been added to ResearchAndMarkets.com offer.

Global digital rights management in the media and entertainment market is expected to reach $ 6.12 billion by 2028, with a CAGR of 16.5% from 2021 to 2028.

The rapid growth of digital media and internet connectivity on a global scale has created immense opportunities for content publishers and content distribution partners to develop their creative media content.

However, with the rise of digital technologies, digital piracy and illegal content distribution have increased dramatically, negatively affecting monetization opportunities for content distributors and content owners. These challenges force content owners to research and exercise control over unauthorized access and distribution of content.

Over the past few years, the demand for digital rights management (DRM) solutions has grown in importance among content owners and content distribution service providers as DRM secures real-time streaming services over the past few years. unsecured networks. DRM solutions also provide secure distribution of multimedia content while maintaining the authentication and confidentiality rights of content owners. The persistent protection offered is also influencing many streaming service providers to adopt DRM solutions.

In addition, the growing awareness of digital piracy among users is driving the adoption of DRM solutions globally. Several governments around the world are looking for ways to establish strict standards and policies to prevent digital piracy.

For example, the Digital Millennium Copyright Act, passed in 1998, still helps content developers, content acquirers, and content distributors secure their content and criminalize the distribution of content intended to bypass content access control. protected by copyright.

The growing number of such standards and the growing awareness of content privacy and digital piracy are expected to drive the market growth during the forecast period.

Highlights of Digital Rights Management In Media and Entertainment Market Report

  • Video on demand applications segment is expected to grow at the highest CAGR during the forecast period. The growing demand for high definition and ultra-high definition video content among users, as well as increasing distribution of OTT and streaming services are contributing to the growth of the segment.

  • The demand for DRM solutions among SMBs is expected to increase at a higher CAGR than large enterprises during the forecast period. The increase in the number of independent content providers and small-scale content developers requiring industry-standard DRM solutions to secure their innovative and copyrighted content can be attributed to the growth of the segment.

  • The increase in digital infrastructure in the countries of the Asia-Pacific region and the presence of several communication service providers offering low-cost digital mobile services have led to an increase in the consumption of digital media among consumers. The Asia-Pacific regional market is expected to grow at a promising CAGR during the forecast period

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Executive summary

Chapter 3. Variables, Trends and Scope

Chapter 4. Application Estimates and Trend Analysis

Chapter 5. Company Size Estimates and Trend Analysis

Chapter 6. Regional estimates and trend analysis

Chapter 7. Competitive landscape

For more information on this report, visit https://www.researchandmarkets.com/r/ukvgr4

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220105005820/en/

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ResearchAndMarkets.com
Laura Wood, Senior Press Director
press@researchandmarkets.com

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