I am regularly asked to summarize my many posts. I thought it would be a good idea to publish on this blog, every Monday, some of the most relevant articles that I have already shared with you on my social networks. Today I will share some of the most relevant articles about Digital Transformation and in what form you can find it in today’s life. I will also comment on the articles.
On Techgraph.com: https://techgraph.co/opinions/sustainable-change-impact-through-digital-transformation/
Drive In Sustainable Change And Impact Through Digital Transformation. The changing digital landscape has transformed the way people communicate, travel, and carry out financial transactions. Accelerated by the pandemic, the primary beneficiaries of automation and analytics in this technology revolution have been the banking and fintech sectors. The innovative products of fintech have helped people and businesses adapt to the new normal in these uncertain times. Today, digital money is demonstrating its ability to overcome fundamental impediments to the progression of finance for inclusive and sustainable development through neobanks, eWallets, and Buy Now Pay Later (BNPL) players in the market.
On Opengovasia.com: https://opengovasia.com/digital-transformation-of-chinas-power-industry/
Digital Transformation of China’s Power Industry,
Digital transformation is bringing a lot of positive change to just about every sector of society. The latest to benefit is China’s traditional power industry. By incorporating digital technology with power electronics technology, the domestic power industry is taking a major leap forward in the years to come. As a whole, experts call it the digital energy industry. Already, they’re predicting rapid growth in the next decade with the timely union of the old-school power electronics industry and digital technology. To date, key players of the traditional industry are pivoting towards faster digitalization. The best part is this is benefiting the planet too.
On the Manufacturer.com: https://www.themanufacturer.com/articles/international-manufacturer-biesses-uk-subsidiary-revenue-up-30-following-digital-transformation/
International manufacturer Biesse’s UK subsidiary revenue up 30% following digital transformation. Biesse Group UK has seen a performance increase in a range of customer service metrics through its introduction of Salesforce Service Cloud, supporting a 30% revenue increase in the last financial year, through its partnership with international ICT consulting company Atlantic Technologies. Biesse is a global machinery manufacturing company with eight production plants, 39 offices, over 4,200 employees and 300 international resellers. It is an international leader in machinery technology for processing wood, glass, stone, and advanced materials. The company began its digital transformation with the goal of connecting all subsidiaries as “one company” while ensuring that both global and local needs were addressed, such as regional processes and regulatory requirements.
On Sportsfinding.com: https://sportsfinding.com/spanish-athletics-consolidates-its-commitment-to-innovation-and-digital-transformation/146323/
Spanish athletics consolidates its commitment to innovation and digital transformation. The Ordinary General Assembly of the Royal Spanish Athletics Federation (RFEA) 2021 was held this Sunday in the Goyeneche auditorium of the Spanish Olympic Committee (COE), again in person and with the good news, in addition to the results of its athletes, of the consolidation of the commitment to innovation and digital transformation. For the first time since 2019, the Ordinary Assembly was once again in person after two years of telematic sessions due to the coronavirus pandemic. The president of the RFEA, Raúl Chapado, opened the Assembly remembering those who died from the pandemic and then presented his 2021 annual report. Chapado detailed the evolution of the different innovation and digital transformation programs of the Development Plan for Strategic Objectives of the RFEA Aspiration 2030. There, the president of the Federation had a special impact on all the projects associated with digital transformation aimed at improving the form of management, organization and dissemination of athletics.
On the financialbrand.com: https://thefinancialbrand.com/139577/5-banking-innovation-trends-to-watch-in-next-3-years-metaverse-ai-digital-banking/
5 Banking Innovation Trends To Watch in the Next 3 Years. To become future-ready, banks and credit unions must possess the speed and agility of a fintech startup, while building the cultural and operational capabilities to drive innovation and digital banking transformation at scale. Here are 5 digital banking innovation trends to watch in the next three years and beyond. The demand for innovative financial services has never been stronger, with consumers testing new solutions from legacy banks and credit unions, fintech firms, technology companies and other non-traditional players. The need to rethink existing business models and innovate quickly and at scale is the only path to being future-ready.
On businesschief.com: https://businesschief.com/technology-and-ai/fintech-rise-forces-retail-banks-to-pivot-says-report
Fintech rise forces retail banks to pivot, says report. Incumbent banks must embrace data-centric capabilities to drive personalised customer experiences, says World Retail Banking Report from Capgemini and Efma. Customers are pivoting to competitors that offer more personalised, bespoke experiences, leaving retail banks lagging behind. That’s according to the World Retail Banking Report 2022 (WRBR) published by Capgemini and Efma. The survey showed that 75% of customers are attracted to the cost-effective, seamless services offered by fintechs and traditional banks simply cannot keep up. Some 70% of banking executives are worried about their data analysis capabilities and banks have to leverage data and artificial intelligence to retain and attract customers.
On Datainnovation.org: https://datainnovation.org/2022/04/how-ai-can-improve-k-12-education-in-the-united-states/
How AI Can Improve K-12 Education in the United States. Artificial intelligence (AI) has the potential to improve K-12 education in the United States. For students, AI can provide them a personalized learning experience tailored to their individual preferences and needs, immediate feedback on their work and answers to their questions, and increased access to tutoring and other educational materials. For teachers, it can help automate some of their workload, design better interventions, and reduce burnout. And for administrators, AI can monitor the student body and provide preemptive interventions with the help of predictive analytics. But while there are many benefits to AI in schools, there are a number of technical, operational, and social challenges that limit AI-driven innovation in the education sector. This report explores existing and potential uses of AI in K-12 education in the United States as well as the challenges that hinder the technology’s adoption and effectiveness.