This document summarizes an article from the International Journal of Management about adopting a futuristic approach to business. It discusses how globalization and technology have empowered consumers and made them more connected through digital media. Businesses now need to redefine their strategies to focus on how technology can fit into their overall strategy and exploit opportunities, rather than just focusing on technological penetration. They also need to innovate culturally fit products that empower customers and make experiences more interactive. Adopting these approaches will enable businesses to make better investments and relationships with customers.
[Updated 2/27/17] Brian Solis, principal analyst of Altimeter, a Prophet Company, has tracked the autonomous industry for two years and has assembled the most comprehensive report on “The State of The Autonomous Driving.” The updated report features the latest developments among companies driving the future, including 76 automakers, startups and universities. The report also includes an infographic that organizes all of the companies by technology focus and its open to third party creative commons use. This report will be updated regularly, if you would like to contribute updates please contact Brian via email at brian@altimetergroup.com
Roland berger automotive_landscape_2025_20110314lauri213
The document discusses trends in the global automotive industry out to the year 2025. It finds that sales and production capacity will dramatically shift to Asia, with China becoming a major hub. This shift could put 300,000 automotive jobs in Europe at risk. Electric vehicles may reach 10% market share by 2025, with hybrids capturing 40%, though internal combustion engines will still power half of new vehicles. Connected cars will also increase, though intelligent transportation solutions will still be largely visionary. Established companies must adapt to challenges from low-cost competitors, new technologies, and new business models like mobility services.
The document discusses Thomson Reuters' 2015 Top 100 Global Innovators report. It provides an overview of the methodology used to identify the top 100 innovators based on metrics like patent volume, success rates, geographic coverage, and influence. It also notes some key findings from the report, such as the industries that increased or decreased in innovation activity compared to the previous year. Additionally, it highlights how the Top 100 innovators outperformed other indices in terms of revenue, R&D spending, and other metrics, demonstrating the economic benefits of innovation.
Mission: Possible! Your cognitive future in governmentIBM Government
Read the full report here: http://bit.ly/CognitiveFutureInGov
Welcome to the age of cognitive computing, where intelligent machines simulate human brain capabilities to help solve society’s most vexing problems. Early adopters in government and other industries are already realizing significant value from this innovative technology, and its potential to transform government is enormous. Currently, cognitive systems are helping government organizations navigate complexity in operational environments and foster improved engagement with constituents. Our research indicates that government leaders are poised to embrace this groundbreaking technology and invest in cognitive capabilities to improve outcomes for government organizations across mission areas.
This document provides an overview of key trends that will impact business and marketing in 2019, with a focus on accountability and meaningful impact. It discusses how Gen Z will transform the workforce as they enter the job market expecting seamless technology and immediate feedback. It also examines the need for integrated marketing technology and data ecosystems to provide a holistic view of customers and measure ROI across channels. The trends covered provide insights for how organizations can innovate effectively in the new era of accountability.
Millward Brown 2015 Digital and Media PredictionsKantar
Since 2009, Millward Brown experts from around the globe have offered annual predictions for the coming year - forecasting the hottest digital and media trends and providing recommendations to help advertisers move confidently into the coming year... - See more at: http://www.millwardbrown.com/global-navigation/insights/articles-and-reports/digital-predictions/2015/2015-digital-and-media-predictions#sthash.0lE3FZhU.dpuf
[Updated 2/27/17] Brian Solis, principal analyst of Altimeter, a Prophet Company, has tracked the autonomous industry for two years and has assembled the most comprehensive report on “The State of The Autonomous Driving.” The updated report features the latest developments among companies driving the future, including 76 automakers, startups and universities. The report also includes an infographic that organizes all of the companies by technology focus and its open to third party creative commons use. This report will be updated regularly, if you would like to contribute updates please contact Brian via email at brian@altimetergroup.com
Roland berger automotive_landscape_2025_20110314lauri213
The document discusses trends in the global automotive industry out to the year 2025. It finds that sales and production capacity will dramatically shift to Asia, with China becoming a major hub. This shift could put 300,000 automotive jobs in Europe at risk. Electric vehicles may reach 10% market share by 2025, with hybrids capturing 40%, though internal combustion engines will still power half of new vehicles. Connected cars will also increase, though intelligent transportation solutions will still be largely visionary. Established companies must adapt to challenges from low-cost competitors, new technologies, and new business models like mobility services.
The document discusses Thomson Reuters' 2015 Top 100 Global Innovators report. It provides an overview of the methodology used to identify the top 100 innovators based on metrics like patent volume, success rates, geographic coverage, and influence. It also notes some key findings from the report, such as the industries that increased or decreased in innovation activity compared to the previous year. Additionally, it highlights how the Top 100 innovators outperformed other indices in terms of revenue, R&D spending, and other metrics, demonstrating the economic benefits of innovation.
Mission: Possible! Your cognitive future in governmentIBM Government
Read the full report here: http://bit.ly/CognitiveFutureInGov
Welcome to the age of cognitive computing, where intelligent machines simulate human brain capabilities to help solve society’s most vexing problems. Early adopters in government and other industries are already realizing significant value from this innovative technology, and its potential to transform government is enormous. Currently, cognitive systems are helping government organizations navigate complexity in operational environments and foster improved engagement with constituents. Our research indicates that government leaders are poised to embrace this groundbreaking technology and invest in cognitive capabilities to improve outcomes for government organizations across mission areas.
This document provides an overview of key trends that will impact business and marketing in 2019, with a focus on accountability and meaningful impact. It discusses how Gen Z will transform the workforce as they enter the job market expecting seamless technology and immediate feedback. It also examines the need for integrated marketing technology and data ecosystems to provide a holistic view of customers and measure ROI across channels. The trends covered provide insights for how organizations can innovate effectively in the new era of accountability.
Millward Brown 2015 Digital and Media PredictionsKantar
Since 2009, Millward Brown experts from around the globe have offered annual predictions for the coming year - forecasting the hottest digital and media trends and providing recommendations to help advertisers move confidently into the coming year... - See more at: http://www.millwardbrown.com/global-navigation/insights/articles-and-reports/digital-predictions/2015/2015-digital-and-media-predictions#sthash.0lE3FZhU.dpuf
This document discusses innovation leadership and managing innovation. It argues that while creativity is unpredictable, innovation can still be managed as a process by focusing ideas, capturing outputs, and determining exploitation approaches. Innovation is also presented as a generic skill that can be applied across sectors. The document also states that innovation can be measured through metrics like revenue from new products, ideas generated, and time to market. It emphasizes that innovation has been a source of competitive advantage for many successful companies and is now a key concern for organizations globally seeking to develop new products and services.
Salyer, stephen media entrepreneurship presentation to salzburg academySalzburg Global Seminar
This document provides an overview of media entrepreneurship and financing for digital media projects. It discusses the differences between social entrepreneurship and business entrepreneurship, highlighting that social entrepreneurs prioritize social value over profits while business entrepreneurs prioritize economic returns. Examples are provided of successful media organizations, including MinnPost and m-Pedigree Network, that utilize diverse revenue sources like subscriptions, grants, advertising, and partnerships. Key elements of developing an effective elevator pitch or business plan are outlined, focusing on clearly identifying needs, solutions, metrics, implementation strategies, risks, returns, and securing necessary investment.
Gen Z and Millennials collide at work reportDuy, Vo Hoang
The document discusses how Millennials and Generation Z (those born between 1994 and 2010) are changing the modern workplace as they now make up a significant portion of the workforce. A study by Randstad and Future Workplace examined the unique traits and values of these generations. Some key findings include:
- Millennials and Gen Z highly value collaboration and frequent communication, preferring in-person interactions over digital channels. They expect regular feedback from managers.
- Younger workers are more stressed due to financial issues like student debt and healthcare costs. They expect flexibility and benefits from employers in order to reduce stress.
- Incorporating new technologies is important for attracting and retaining younger talent, though companies must also address
Embracing digital technology a new strategic imperative - capgemini consult...Rick Bouter
This document summarizes the key findings of a survey conducted by MIT Sloan Management Review and Capgemini Consulting on digital transformation. The survey found that while most companies recognize the importance of digital transformation, few have achieved transformational results. Only 15% of respondents were from highly digitally mature companies like Starbucks, which has successfully used technologies like mobile, social media and analytics to improve customer experience and business performance. However, the survey also found that digital transformation is becoming a higher priority for companies and that some organizations are making progress by developing business cases for technology investments and realigning incentives to focus on digital goals.
Strategies for the Age of Digital Disruption #DTR7Capgemini
Since 2000, 52% of companies in the Fortune 500 have either gone bankrupt, been acquired or ceased to exist. These are challenging times for companies as the speed, volume and complexity of change intensify. Disruption can happen at any time, in any sector, and its effect on traditional organizations can be fundamental. This is why we chose to dedicate our seventh edition of the Digital Transformation Review to digital disruptions. How can organizations survive and thrive in the age of digital disruptions? We posed this very question to a panel of industry leaders, academics, startup founders, analysts and technology gurus from three different continents.
Working with our global panel, we have built a detailed picture of the digital disruption phenomenon, probing the key questions that organizations need answers to:
• How can we plan for the emergence of disruptors?
• Why are we seeing so many disruptions?
• How can organizations respond to disruption?
• What shape are these disruptions taking?
• Which startups are likely to emerge to disrupt sector value chains over the coming years?
We hope this edition of the Digital Transformation Review has helped increase understanding of the disruptive and challenging times we live in. Join the conversation on twitter #DTR7
Driving growth in Indian manufacturing industry Sumit Roy
Indian manufacturing is just perfectly poised to Unlocking the transformation value with technology .While businesses understand that in order to build an organisation that is agile and suited to withstand current market and economic volatilities, there are several things to be considered before taking a digital leap. More than just a strategy for any individual technology trend or for combining more than one of them, companies need a systematic approach to adopt technologies in a holistic fashion. The industry trends and challenges primarily drive the appropriate selection of technology solutions, which need to be fine-tuned to a company’s needs based on its scale, capabilities and its specific issues. This joint CII-PwC report takes a closer look at two industries in particular, manufacturing and infrastructure, and tries to decode the prevalent challenges in these two sectors, the kind of initiatives being taken to drive growth and development, and how IT adoption is playing an important role to overcome these challenges
1. The document discusses how the most successful organizations approach innovation differently than others. It finds that outperforming organizations are more likely to have dedicated innovation teams and measure financial returns from innovation investments.
2. Outperforming organizations also explicitly align innovation with business goals and embrace open innovation processes. They establish structures and cultures that encourage innovation.
3. The nature of innovation is changing and increasingly occurs within ecosystems and involves consumers. Technology also drives more open and collaborative innovation across organizations.
The telecom industry faces significant challenges including decreasing revenues and EBITDA. CEO strategies show similarities around data monetization, partnerships, and vertical expansion. However, operators are constrained by their ability to invest and monetize networks. This has led to a fragmented value chain and the need to rethink business models through options like diversification, changing business models, cost cutting, consolidation, or shareholders stepping down. The online media industry winners have leveraged search, social networks, hardware/software integration, while losers faced challenges in business models and product dependence.
More than Magic - IBM Institute for Business Value FiweSystems
The document discusses how the most successful organizations approach innovation. It finds that top performers are 37% more likely to embrace open innovation, 79% more likely to have dedicated innovation teams, and 48% more likely to measure financial returns from innovation investments. These organizations structure themselves and culture to support innovation, source new ideas from various places including big data, and rigorously measure innovation results. The nature of innovation is also changing, with consumers now directly involved in activities like co-design, and ecosystems defining new types of collaborative innovation across enterprises.
The Upwardly mobile enterprise 2014_03_05_5616_Summary_Powerpoint_Deck_The_Kirsty Simpson
The document summarizes a study conducted by IBM on developing mobile strategies for enterprises. It describes conducting an online survey of over 600 global respondents and 30 interviews. It then discusses defining "mobile strategy leaders" as those with a well-defined mobile strategy aligned to business strategy and with executive oversight. The document advocates that to compete effectively, companies recognize the need for a leading mobile strategy and governance structure to oversee mobile initiatives.
Ctrl-alt-del: Rebooting the Business Model for the Digital AgeCapgemini
Our research with the MIT Sloan Management Review reveals that only 16% of organizations are leveraging digital technologies to develop new business models. Most organizations follow traditional approaches to innovation that focus on new products and services, rather than on business models. However, research suggests that the returns from traditional approaches have been diminishing with time. As Serguei Netessine, Professor at INSEAD Singapore says, “Pharmaceutical companies spend as much as 30% of their revenues on R&D, trying to develop new products or technologies. But the return from this enormous expenditure has been very elusive and it is a common problem across industries.” Business model reinvention can be as good a route as technology, product or service innovations. This research highlight five different approaches that organizations can adopt to reinvent their business model with digital technologies.
Organizations are adopting eLearning at a rate of 13% per year, and this trend is projected to continue through 2017. In 2015, eLearning is expected to expand for learners and organizations. The document discusses trends in multi-device usage, HTML5, gamification, augmented reality, MOOCs, LMS, self-paced learning, BYOD, wearable learning, and mobile learning.
Going Digital: General Electric and its Digital TransformationCapgemini
GE has undertaken a major digital transformation to transition from being an industrial equipment provider to a provider of data-driven services and solutions. Key aspects of GE's transformation include developing software and analytics products, opening its Predix big data platform to third parties, and attaching sensors to machines to capture performance data and provide analytics to improve efficiency. GE has also hired new digital leaders, set up centers of excellence for software and digital initiatives, and trained employees in startup methodologies to foster innovation. The transformation aims to allow GE to capitalize on data from its industrial equipment and maintain relevance in a changing industry.
The document discusses how large traditional companies are now racing to become digital businesses by leveraging emerging technologies. It provides examples of how Tesco, GE, and Disney are transforming digitally by offering new digital services and using technologies like sensors, analytics and mobile to enhance customer experiences. The document argues that over the next decade, traditional large companies will emerge as major digital players, disrupting their own and other industries. It highlights how boundaries are blurring between digital and physical assets as well as between companies and their stakeholders. Large companies are poised to become "master orchestrators", leveraging convergence of technologies at huge scale to rapidly innovate and advance their systems and strategies.
Beyond Supply Chains Empowering Responsible Value ChainsSustainable Brands
This document discusses the opportunity for companies to create "responsible supply chains" that provide benefits to both businesses and society. It identifies 31 proven supply chain practices that can help companies achieve "triple advantage" - commercial benefits as well as benefits to the environment and local economies. Implementing these practices could result in increased revenues and reduced costs for companies, as well as improved customer health, labor standards and reduced environmental impact. The practices are organized into a framework that companies can use to prioritize which practices would be most effective for their specific industry and situation. However, the concept of triple advantage has limitations, as human rights commitments should not be based solely on financial justification. The document calls for policies to support companies in optimizing across all three
When Digital Disruption Strikes: How Can Incumbents Respond?Capgemini
Digital innovation is shaking the core of every industry and incumbents are struggling to respond. The emergence of startups such as Uber – which disrupt entire sectors with their agile, innovative business models – is worrying traditional incumbents. Venture funding to startups is at historic highs. In just one startup hotspot, Silicon Valley, venture capital investment in the first three quarters of 2014 was around $17 billion, a figure that is only surpassed by the peak of the dotcom era in 2000. In recent research by GE, two-thirds of respondents agreed that businesses have to encourage creative behaviors and must disrupt their internal processes in order to do so. What does a successful strategy for responding to disruption look like? How fast have companies responded to digital disruptions? To understand more about how traditional incumbents respond to digital disruption, we conducted research spanning 100+ companies.
The document discusses three major geopolitical risks to business reputation in 2021: 1) Supply chain geopolitics as countries push companies to reshore manufacturing for economic and national security reasons, exposing companies to public scrutiny over their supply chain operations. 2) Technology competition as countries view technology dominance as important for national security and economic interests, requiring companies in emerging technologies to consider national stakeholder interests. 3) Disinformation as an ongoing communications risk, with countries using information campaigns to undermine economic competitors and companies unprepared to address this emerging threat. The document argues communications leaders must help companies navigate these geopolitical issues and protect reputation in this new era of great power competition.
Future of work employability and digital skills march 2021Future Agenda
The Future of Work, Employability and Digital Skills
This interim summary identifies 50 key insights for the next decade on this critical topic. These open foresight findings are based on the results of 20 workshops and 150 interviews with over 400 informed experts from across academia, business and government conduced in the last 12 months. These were primarily across Europe, but also include views from US and SE Asia.
The varied discussions identified multiple key shifts that expected to have greatest impact over the next decade. The top 3 of these are seen as pivotal for society, for government, for employers and for future workers.
Building Digital Skills
Reinventing Roles
Developing Soft Skills
To build a richer, deeper view, we would very much welcome your feedback – especially on which shifts may deliver most benefit in the next ten years, and what is missing that ought to be included in the mix.
Economic indicators and statistics are the baseline of any measurement, but when it comes to
measuring innovation, the schools of thoughts are divided on what are the most relevant and reliable
indicators and metrics to assess the development of a specific technology not only within its wide
range of applications, but also against another technology? The younger the technology in question,
the more difficult it is to find the right indicators for the measurement of its innovative power at a
time when such measurement is most needed, in order to evaluate the efficiency of policy making
regarding this technology.
The measurement of the innovative power of a General Purpose Technology (GPT), like
nanotechnology, can benefit from adoption of commonly accepted economic indicators, such as
intellectual property creation, creation of enterprises, manufacture of value-added products and
supply of relevant services, but new indicators need to be proposed, in order to specifically grasp the
disruptive and revolutionary power of the GPT.
This study aims to stress-test the use of traditional indicators for the measurement of
nanotechnology innovation, in order to specifically allow for comparison with other technological
developments and between economic markets, while gaining insight into the shortcomings of these
traditional indicators and aiming to identify needs for better suited future indicators to be created.
This document discusses innovation leadership and managing innovation. It argues that while creativity is unpredictable, innovation can still be managed as a process by focusing ideas, capturing outputs, and determining exploitation approaches. Innovation is also presented as a generic skill that can be applied across sectors. The document also states that innovation can be measured through metrics like revenue from new products, ideas generated, and time to market. It emphasizes that innovation has been a source of competitive advantage for many successful companies and is now a key concern for organizations globally seeking to develop new products and services.
Salyer, stephen media entrepreneurship presentation to salzburg academySalzburg Global Seminar
This document provides an overview of media entrepreneurship and financing for digital media projects. It discusses the differences between social entrepreneurship and business entrepreneurship, highlighting that social entrepreneurs prioritize social value over profits while business entrepreneurs prioritize economic returns. Examples are provided of successful media organizations, including MinnPost and m-Pedigree Network, that utilize diverse revenue sources like subscriptions, grants, advertising, and partnerships. Key elements of developing an effective elevator pitch or business plan are outlined, focusing on clearly identifying needs, solutions, metrics, implementation strategies, risks, returns, and securing necessary investment.
Gen Z and Millennials collide at work reportDuy, Vo Hoang
The document discusses how Millennials and Generation Z (those born between 1994 and 2010) are changing the modern workplace as they now make up a significant portion of the workforce. A study by Randstad and Future Workplace examined the unique traits and values of these generations. Some key findings include:
- Millennials and Gen Z highly value collaboration and frequent communication, preferring in-person interactions over digital channels. They expect regular feedback from managers.
- Younger workers are more stressed due to financial issues like student debt and healthcare costs. They expect flexibility and benefits from employers in order to reduce stress.
- Incorporating new technologies is important for attracting and retaining younger talent, though companies must also address
Embracing digital technology a new strategic imperative - capgemini consult...Rick Bouter
This document summarizes the key findings of a survey conducted by MIT Sloan Management Review and Capgemini Consulting on digital transformation. The survey found that while most companies recognize the importance of digital transformation, few have achieved transformational results. Only 15% of respondents were from highly digitally mature companies like Starbucks, which has successfully used technologies like mobile, social media and analytics to improve customer experience and business performance. However, the survey also found that digital transformation is becoming a higher priority for companies and that some organizations are making progress by developing business cases for technology investments and realigning incentives to focus on digital goals.
Strategies for the Age of Digital Disruption #DTR7Capgemini
Since 2000, 52% of companies in the Fortune 500 have either gone bankrupt, been acquired or ceased to exist. These are challenging times for companies as the speed, volume and complexity of change intensify. Disruption can happen at any time, in any sector, and its effect on traditional organizations can be fundamental. This is why we chose to dedicate our seventh edition of the Digital Transformation Review to digital disruptions. How can organizations survive and thrive in the age of digital disruptions? We posed this very question to a panel of industry leaders, academics, startup founders, analysts and technology gurus from three different continents.
Working with our global panel, we have built a detailed picture of the digital disruption phenomenon, probing the key questions that organizations need answers to:
• How can we plan for the emergence of disruptors?
• Why are we seeing so many disruptions?
• How can organizations respond to disruption?
• What shape are these disruptions taking?
• Which startups are likely to emerge to disrupt sector value chains over the coming years?
We hope this edition of the Digital Transformation Review has helped increase understanding of the disruptive and challenging times we live in. Join the conversation on twitter #DTR7
Driving growth in Indian manufacturing industry Sumit Roy
Indian manufacturing is just perfectly poised to Unlocking the transformation value with technology .While businesses understand that in order to build an organisation that is agile and suited to withstand current market and economic volatilities, there are several things to be considered before taking a digital leap. More than just a strategy for any individual technology trend or for combining more than one of them, companies need a systematic approach to adopt technologies in a holistic fashion. The industry trends and challenges primarily drive the appropriate selection of technology solutions, which need to be fine-tuned to a company’s needs based on its scale, capabilities and its specific issues. This joint CII-PwC report takes a closer look at two industries in particular, manufacturing and infrastructure, and tries to decode the prevalent challenges in these two sectors, the kind of initiatives being taken to drive growth and development, and how IT adoption is playing an important role to overcome these challenges
1. The document discusses how the most successful organizations approach innovation differently than others. It finds that outperforming organizations are more likely to have dedicated innovation teams and measure financial returns from innovation investments.
2. Outperforming organizations also explicitly align innovation with business goals and embrace open innovation processes. They establish structures and cultures that encourage innovation.
3. The nature of innovation is changing and increasingly occurs within ecosystems and involves consumers. Technology also drives more open and collaborative innovation across organizations.
The telecom industry faces significant challenges including decreasing revenues and EBITDA. CEO strategies show similarities around data monetization, partnerships, and vertical expansion. However, operators are constrained by their ability to invest and monetize networks. This has led to a fragmented value chain and the need to rethink business models through options like diversification, changing business models, cost cutting, consolidation, or shareholders stepping down. The online media industry winners have leveraged search, social networks, hardware/software integration, while losers faced challenges in business models and product dependence.
More than Magic - IBM Institute for Business Value FiweSystems
The document discusses how the most successful organizations approach innovation. It finds that top performers are 37% more likely to embrace open innovation, 79% more likely to have dedicated innovation teams, and 48% more likely to measure financial returns from innovation investments. These organizations structure themselves and culture to support innovation, source new ideas from various places including big data, and rigorously measure innovation results. The nature of innovation is also changing, with consumers now directly involved in activities like co-design, and ecosystems defining new types of collaborative innovation across enterprises.
The Upwardly mobile enterprise 2014_03_05_5616_Summary_Powerpoint_Deck_The_Kirsty Simpson
The document summarizes a study conducted by IBM on developing mobile strategies for enterprises. It describes conducting an online survey of over 600 global respondents and 30 interviews. It then discusses defining "mobile strategy leaders" as those with a well-defined mobile strategy aligned to business strategy and with executive oversight. The document advocates that to compete effectively, companies recognize the need for a leading mobile strategy and governance structure to oversee mobile initiatives.
Ctrl-alt-del: Rebooting the Business Model for the Digital AgeCapgemini
Our research with the MIT Sloan Management Review reveals that only 16% of organizations are leveraging digital technologies to develop new business models. Most organizations follow traditional approaches to innovation that focus on new products and services, rather than on business models. However, research suggests that the returns from traditional approaches have been diminishing with time. As Serguei Netessine, Professor at INSEAD Singapore says, “Pharmaceutical companies spend as much as 30% of their revenues on R&D, trying to develop new products or technologies. But the return from this enormous expenditure has been very elusive and it is a common problem across industries.” Business model reinvention can be as good a route as technology, product or service innovations. This research highlight five different approaches that organizations can adopt to reinvent their business model with digital technologies.
Organizations are adopting eLearning at a rate of 13% per year, and this trend is projected to continue through 2017. In 2015, eLearning is expected to expand for learners and organizations. The document discusses trends in multi-device usage, HTML5, gamification, augmented reality, MOOCs, LMS, self-paced learning, BYOD, wearable learning, and mobile learning.
Going Digital: General Electric and its Digital TransformationCapgemini
GE has undertaken a major digital transformation to transition from being an industrial equipment provider to a provider of data-driven services and solutions. Key aspects of GE's transformation include developing software and analytics products, opening its Predix big data platform to third parties, and attaching sensors to machines to capture performance data and provide analytics to improve efficiency. GE has also hired new digital leaders, set up centers of excellence for software and digital initiatives, and trained employees in startup methodologies to foster innovation. The transformation aims to allow GE to capitalize on data from its industrial equipment and maintain relevance in a changing industry.
The document discusses how large traditional companies are now racing to become digital businesses by leveraging emerging technologies. It provides examples of how Tesco, GE, and Disney are transforming digitally by offering new digital services and using technologies like sensors, analytics and mobile to enhance customer experiences. The document argues that over the next decade, traditional large companies will emerge as major digital players, disrupting their own and other industries. It highlights how boundaries are blurring between digital and physical assets as well as between companies and their stakeholders. Large companies are poised to become "master orchestrators", leveraging convergence of technologies at huge scale to rapidly innovate and advance their systems and strategies.
Beyond Supply Chains Empowering Responsible Value ChainsSustainable Brands
This document discusses the opportunity for companies to create "responsible supply chains" that provide benefits to both businesses and society. It identifies 31 proven supply chain practices that can help companies achieve "triple advantage" - commercial benefits as well as benefits to the environment and local economies. Implementing these practices could result in increased revenues and reduced costs for companies, as well as improved customer health, labor standards and reduced environmental impact. The practices are organized into a framework that companies can use to prioritize which practices would be most effective for their specific industry and situation. However, the concept of triple advantage has limitations, as human rights commitments should not be based solely on financial justification. The document calls for policies to support companies in optimizing across all three
When Digital Disruption Strikes: How Can Incumbents Respond?Capgemini
Digital innovation is shaking the core of every industry and incumbents are struggling to respond. The emergence of startups such as Uber – which disrupt entire sectors with their agile, innovative business models – is worrying traditional incumbents. Venture funding to startups is at historic highs. In just one startup hotspot, Silicon Valley, venture capital investment in the first three quarters of 2014 was around $17 billion, a figure that is only surpassed by the peak of the dotcom era in 2000. In recent research by GE, two-thirds of respondents agreed that businesses have to encourage creative behaviors and must disrupt their internal processes in order to do so. What does a successful strategy for responding to disruption look like? How fast have companies responded to digital disruptions? To understand more about how traditional incumbents respond to digital disruption, we conducted research spanning 100+ companies.
The document discusses three major geopolitical risks to business reputation in 2021: 1) Supply chain geopolitics as countries push companies to reshore manufacturing for economic and national security reasons, exposing companies to public scrutiny over their supply chain operations. 2) Technology competition as countries view technology dominance as important for national security and economic interests, requiring companies in emerging technologies to consider national stakeholder interests. 3) Disinformation as an ongoing communications risk, with countries using information campaigns to undermine economic competitors and companies unprepared to address this emerging threat. The document argues communications leaders must help companies navigate these geopolitical issues and protect reputation in this new era of great power competition.
Future of work employability and digital skills march 2021Future Agenda
The Future of Work, Employability and Digital Skills
This interim summary identifies 50 key insights for the next decade on this critical topic. These open foresight findings are based on the results of 20 workshops and 150 interviews with over 400 informed experts from across academia, business and government conduced in the last 12 months. These were primarily across Europe, but also include views from US and SE Asia.
The varied discussions identified multiple key shifts that expected to have greatest impact over the next decade. The top 3 of these are seen as pivotal for society, for government, for employers and for future workers.
Building Digital Skills
Reinventing Roles
Developing Soft Skills
To build a richer, deeper view, we would very much welcome your feedback – especially on which shifts may deliver most benefit in the next ten years, and what is missing that ought to be included in the mix.
Economic indicators and statistics are the baseline of any measurement, but when it comes to
measuring innovation, the schools of thoughts are divided on what are the most relevant and reliable
indicators and metrics to assess the development of a specific technology not only within its wide
range of applications, but also against another technology? The younger the technology in question,
the more difficult it is to find the right indicators for the measurement of its innovative power at a
time when such measurement is most needed, in order to evaluate the efficiency of policy making
regarding this technology.
The measurement of the innovative power of a General Purpose Technology (GPT), like
nanotechnology, can benefit from adoption of commonly accepted economic indicators, such as
intellectual property creation, creation of enterprises, manufacture of value-added products and
supply of relevant services, but new indicators need to be proposed, in order to specifically grasp the
disruptive and revolutionary power of the GPT.
This study aims to stress-test the use of traditional indicators for the measurement of
nanotechnology innovation, in order to specifically allow for comparison with other technological
developments and between economic markets, while gaining insight into the shortcomings of these
traditional indicators and aiming to identify needs for better suited future indicators to be created.
This document discusses visual pattern recognition in robotics. It describes a system that uses a camera to capture images of traffic sign boards. It then performs three main steps: 1) color-based filtering to isolate the sign board, 2) locating the sign board in the image, and 3) detecting and recognizing the pattern inside the sign board. This allows the robot to understand the sign and move accordingly. The document provides details of the methodology, including image acquisition with MATLAB, image processing steps to analyze the image and extract the sign board, and using the pattern recognition results to control the robot's movement.
Internet of things iot based real time gas leakage monitoring and controllingIAEME Publication
As the majority of the people in India uses Liquefied Petroleum Gas (LPG) as a fuel for
cooking, but in India the technology applied in this field (security) is very less. Liquefied petroleum
gas is a flammable gas, which has the potential to create a hazard. Therefore it is important that the
properties and safe handling of LPG are understood and applied in the domestic and
commercial/industrial situations.
The proposed paper is aimed at developing a prototype that constantly monitors the gas leak
with the help of the electronic sensors. This data is made available real time through real time feeds
over the internet. We intend to use Xively (new platform) to feed real time sensor data over the
internet. The sensor monitors, detects and raises an alarm whenever a gas leak or fire broke out
condition is detected. Then it raised an emergency alarm. The emergency alarm condition can be
handled through proper arrangement and alert message to rescue team, which could be an in house
rescue team. Based on the real time data feed connected to Xively, user can easily look at the history
of data and accurately determine the time and date at which emergency condition occurred. This data
helps in easily locating the root cause of the emergency condition occurred. This data helps in easily
locating the root cause of the emergency condition. So that one can know the complete detail of the
hazard.
The document presents a numerical investigation of natural convection heat transfer from a circular cylinder inside a square enclosure using different types of nanofluids. Governing equations for the laminar, steady-state flow and heat transfer are presented. The equations are solved using the vorticity-stream function formulation and finite difference method. Results are obtained for Rayleigh numbers between 104-106, enclosure width to cylinder diameter ratio of 2.5, and nanofluid volume fractions from 0-0.2. Types of nanofluids investigated include water with Cu, Al2O3, and TiO3 nanoparticles. Results show Nusselt number and heat transfer increase with nanofluid volume fraction. Heat transfer is more enhanced at lower Ray
This study examined the compressive strength of concrete containing steel fibers and mineral admixtures. Concrete cubes were made with cement replaced by 2-10% silica fume and 10% fly ash, and steel fibers added at 0.5-2% by weight. The cubes were tested for compressive strength at 3, 7, and 28 days. The results showed that compressive strength generally increased with the addition of up to 1.5% steel fibers. The optimum mix was found to be 10% fly ash, 8% silica fume, and 1.5% steel fibers, which achieved strengths comparable to plain concrete without changing workability much.
This document summarizes a research paper that proposes a methodology to improve source location privacy preservation in wireless sensor networks. The paper introduces the concept of "interval indistinguishability" to quantify anonymity. It maps the problem of breaching source anonymity to the statistical problem of binary hypothesis testing with nuisance parameters. The paper proposes modeling anonymity, describes the network and adversarial models, and reviews related work before introducing its methodology. The methodology aims to address issues with existing solutions and practically prove the efficiency of improving source location privacy through a modified statistical framework.
This document proposes using a PWM voltage source converter with an input filter as a front end converter to improve power quality by drawing a sinusoidal input current with low harmonic distortion and adjustable power factor close to unity. It describes the modeling and control strategy for the converter. The control strategy uses a synchronous reference frame and PI controllers to control the d-q axis currents and maintain the DC bus voltage. Simulation results show the converter achieves near unity power factor with low current harmonic distortion and regulates the DC bus voltage during load changes while allowing power reversal capability. The values of the input inductor and DC bus capacitor are designed based on the system specifications and ripple requirements.
Making the Shift to the Next-Generation EnterpriseCognizant
It's crucial for organizations to assess their next-generation strengths and weaknesses in light of their strategic priorities and then focus on the enablers that will prepare them for the future of work.
Many of the major disruptions in media and communications have been driven by nimble, entrepreneurial companies, coming out of nowhere to completely decimate established business models. Companies that spin into existence to solve one problem or commercialize a single idea can scale almost instantly if they find a solution that sticks. That’s what’s happening all over the marketing industry today: hundreds of tech-savvy startups are reinventing business from the bottom up.
This document summarizes the findings of a survey conducted by the Economist Intelligence Unit on how technology will impact how companies interact with their customers within the next 5 years. The survey found that customer-driven innovation will become more important, as empowered customers will be a leading source of innovative ideas. Companies will need to adopt digital channels that are relevant to younger generations and be prepared to more openly share information with and involve customers in business processes while maintaining security. Technology must also enable greater responsiveness to customer demand.
The digital revolution has the potential to transform manufacturing through self-learning systems, intelligent automation, and real-time data, but legacy systems cannot be replaced overnight and there are issues of interoperability and security. The document discusses opportunities and challenges of digital manufacturing that were presented at The Economist's Manufacturing Forum, including the need to integrate supply chains and gain acceptance from both management and workers.
This document provides an introduction to a master's thesis that investigates the value and influence of digital marketing on small and medium-sized enterprises (SMEs). The study aims to examine how digital marketing can impact the growth, brand recognition, and customer relationships of SMEs. It applies a qualitative research approach involving interviews with five SMEs in Sweden and Nigeria. The introduction establishes that SMEs face challenges competing against larger firms and that digital marketing may help address this by improving brand awareness, trust, and engagement. It identifies a gap in research on digital marketing strategies for SMEs specifically and aims to contribute new insights in this area.
The Digital Disruption Wave_ How Can IT Firms Ride It_ - Techwave.pdfKalpins
With disruption to business models facing almost every industry, organizations are focusing on making digital strategy their centerpiece. Going “digital” requires a coherent approach to ensure all parts of the organization follow the digital approach and the organization is perceived as being digitally savvy. How can organizations be sure their strategy is coherent? Porter’s model offers a good starting point. In the colloquial approach, the organization marshals its unique set of activities to help deliver a value proposition to the customer.
This document discusses how developing digital intelligence capabilities through data and analytics can help organizations innovate new digital business models and respond to digital disruption. It finds that "Digital Innovators" who are effective at innovating new digital business models are seeing stronger revenue growth. These organizations are better able to detect and respond quickly to changing market conditions. The document examines how Digital Innovators are leveraging data for both market insight and operational insight. It also discusses the challenges of developing a data-driven culture and the importance of that cultural shift for organizations looking to close the gap with Digital Innovators.
Potentials of artificial intelligence in digital marketing and financial tech...IAESIJAI
Small and medium enterprises small and medium enterprises (SMEs) play a crucial role in nations’ economy, through job creations, reducing unemployment rate as well as increase the overall productivity and gross domestic product (GDP) of a country. However, most SMEs are often lagging in technology adoption which could be a game changer for their success. SMEs could adopt new technologies to improve their business operations and profitability. They are also useful in supporting SMEs to penetrate international market. This research suggests that implementation of the artificial intelligence (AI) through digital marketing (DM) and financial technology (Fintech) would assist SMEs to be competitive, current in leveraging on technology and increase their overall profitability. Based on secondary data analysis, this paper presents a conceptual framework of determining factors in adoption of AI through digital marketing and Fintech. It contributes to the academic knowledge of AI, DM and Fintech for small businesses, and presents a testable framework that can be replicated and adapted for future empirical study.
Correlation of information technology trends with strategic managementiaemedu
The document discusses the correlation between information technology trends and strategic management. It argues that information technology is now a critical resource for competitive advantage and that strategic management must take IT into account. Specifically, IT can help companies reduce costs, increase flexibility, and develop new strategies to outperform competitors. The document also notes that while India's IT industry is large, many startups do not adopt new technologies quickly due to risks and lack of infrastructure support. Overall, the document advocates that lasting competitive advantage requires using IT together with strategic management to add value to companies.
Dos dados à disruptura: Inovação através da Inteligência DigitalLilian Strassacappa
The document discusses how developing digital intelligence capabilities through data and analytics can help organizations innovate new digital business models and respond to digital disruption. It finds that "Digital Innovators" who are effective at innovating new digital business models are seeing stronger revenue growth. However, developing these capabilities requires a multifaceted approach involving technology, data, skills, and leadership to drive a data-driven culture. The most important thing organizations can do to close gaps is make a culture shift to embrace data-driven decision making.
1. Apple primarily uses a "pull" strategy by focusing on innovation and creating demand for its products, while Cadbury relies more on a "push" strategy through advertising to generate trials.
2. Technology and new product development are central to Apple's strategy, while taste and brand experience are priorities for Cadbury.
3. Apple targets early adopters and premium customers, whereas Cadbury aims for mass market appeal through affordable prices.
The ecosystem equation collaboration in the connected economy @harvard biz @i...Diego Alberto Tamayo
The document discusses the shift to the connected economy, where value is created through technology-enabled connections between people, machines, and organizations. It finds that only 18% of surveyed organizations have significantly adopted connected economy business models, while over half recognize significant revenue is threatened by digital disruption. Connected economy leaders have realized stronger revenue growth and earn more from new products compared to laggards. Leaders also demonstrate greater senior leadership involvement in digital initiatives, cross-functional collaboration, skills development, and dedicated digital transition teams.
Harvard Business Review_The Ecosystem Equation - Collaboration in the Connect...Beth Taylor
The document discusses the shift to the connected economy, where value is created through technology-enabled connections between people, machines, and organizations. It finds that only 18% of surveyed organizations have significantly adopted connected economy business models, while over half recognize significant revenue is threatened by digital disruption. Connected economy leaders have realized stronger revenue growth and earn more from new products compared to laggards. Leaders also demonstrate greater senior leadership involvement in digital initiatives, cross-functional collaboration, skills development, and dedicated digital transition teams.
Five Ways Media Companies Can Generate Value from AICognizant
With some up-front thinking, tight alignment with business objectives, strong data hygiene and careful project governance, content organizations can move AI from the sideline to the business core and deliver on the lofty expectations set for this still-maturing technology.
This document discusses an IMD and Cisco initiative called the Global Center for Digital Business Transformation. The Center conducted a survey of over 900 business leaders from 12 industries to assess the state of digital disruption. Key findings include that digital disruption is occurring faster than ever and displacing incumbent companies, but many companies are not adequately addressing this threat. The document advocates that all industries will experience disruption as innovations become exponential, so companies must assess their vulnerability and either disrupt themselves or risk being displaced by new business models.
The document discusses how new technologies are enabling the rise of ecosystems where organizations collaborate beyond traditional boundaries. Ecosystems involve complex webs of relationships across industries and sectors to create value. To succeed in this new environment, organizations will need to shift from focusing solely on themselves to taking an ecosystem-centric view that emphasizes openness, collaboration, and tapping analytics to provide seamless customer experiences. The rapid pace of technological change is increasing customer expectations around simplicity, personalization, and integration across channels. Companies that can harness data and forge new partnership models will be best positioned to meet these demands.
Organizational Change Management: A Make or Break Capability for Digital SuccessCognizant
To realize the full benefits of digital transformation programs, businesses must manage the impact of digital change on their operational structure, culture and employees.
The document discusses what constitutes the digital economy and how businesses can transform digitally to succeed within it. Key points include:
- The digital economy requires organizations to undergo digital transformation and examine how to leverage technology for new products/services, processes, audiences, and competition.
- Successful digital companies focus internally on building business platforms enabled by technology that allow them to innovate and execute efficiently across departments.
- Three factors driving digital transformation are rapid technology innovation, competitive pressure from digital disruptors with new business models, and demanding millennial consumers who expect mobile-first experiences.
- To become digital leaders, companies must break down silos between functions like marketing and IT and have both work collaboratively from
This document summarizes a case study presentation on how a firm's competitive environment and digital strategic posture influence digital business strategy. It discusses how digital technologies are reshaping traditional business strategies and structures. The summary defines digital business strategy as using digital resources to create value beyond traditional views of IT. It examines how a firm's industry turbulence, concentration, and growth impact its digital investments and outsourcing. The presentation concludes that a firm's digital strategic posture has convergent effects on general IT investment but divergent effects on outsourcing, and that understanding variations in a competitive environment can explain differences in digital strategic posture.
Submission Deadline: 30th September 2022
Acceptance Notification: Within Three Days’ time period
Online Publication: Within 24 Hrs. time Period
Expected Date of Dispatch of Printed Journal: 5th October 2022
MODELING AND ANALYSIS OF SURFACE ROUGHNESS AND WHITE LATER THICKNESS IN WIRE-...IAEME Publication
White layer thickness (WLT) formed and surface roughness in wire electric discharge turning (WEDT) of tungsten carbide composite has been made to model through response surface methodology (RSM). A Taguchi’s standard Design of experiments involving five input variables with three levels has been employed to establish a mathematical model between input parameters and responses. Percentage of cobalt content, spindle speed, Pulse on-time, wire feed and pulse off-time were changed during the experimental tests based on the Taguchi’s orthogonal array L27 (3^13). Analysis of variance (ANOVA) revealed that the mathematical models obtained can adequately describe performance within the parameters of the factors considered. There was a good agreement between the experimental and predicted values in this study.
A STUDY ON THE REASONS FOR TRANSGENDER TO BECOME ENTREPRENEURSIAEME Publication
The study explores the reasons for a transgender to become entrepreneurs. In this study transgender entrepreneur was taken as independent variable and reasons to become as dependent variable. Data were collected through a structured questionnaire containing a five point Likert Scale. The study examined the data of 30 transgender entrepreneurs in Salem Municipal Corporation of Tamil Nadu State, India. Simple Random sampling technique was used. Garrett Ranking Technique (Percentile Position, Mean Scores) was used as the analysis for the present study to identify the top 13 stimulus factors for establishment of trans entrepreneurial venture. Economic advancement of a nation is governed upon the upshot of a resolute entrepreneurial doings. The conception of entrepreneurship has stretched and materialized to the socially deflated uncharted sections of transgender community. Presently transgenders have smashed their stereotypes and are making recent headlines of achievements in various fields of our Indian society. The trans-community is gradually being observed in a new light and has been trying to achieve prospective growth in entrepreneurship. The findings of the research revealed that the optimistic changes are taking place to change affirmative societal outlook of the transgender for entrepreneurial ventureship. It also laid emphasis on other transgenders to renovate their traditional living. The paper also highlights that legislators, supervisory body should endorse an impartial canons and reforms in Tamil Nadu Transgender Welfare Board Association.
BROAD UNEXPOSED SKILLS OF TRANSGENDER ENTREPRENEURSIAEME Publication
Since ages gender difference is always a debatable theme whether caused by nature, evolution or environment. The birth of a transgender is dreadful not only for the child but also for their parents. The pain of living in the wrong physique and treated as second class victimized citizen is outrageous and fully harboured with vicious baseless negative scruples. For so long, social exclusion had perpetuated inequality and deprivation experiencing ingrained malign stigma and besieged victims of crime or violence across their life spans. They are pushed into the murky way of life with a source of eternal disgust, bereft sexual potency and perennial fear. Although they are highly visible but very little is known about them. The common public needs to comprehend the ravaged arrogance on these insensitive souls and assist in integrating them into the mainstream by offering equal opportunity, treat with humanity and respect their dignity. Entrepreneurship in the current age is endorsing the gender fairness movement. Unstable careers and economic inadequacy had inclined one of the gender variant people called Transgender to become entrepreneurs. These tiny budding entrepreneurs resulted in economic transition by means of employment, free from the clutches of stereotype jobs, raised standard of living and handful of financial empowerment. Besides all these inhibitions, they were able to witness a platform for skill set development that ignited them to enter into entrepreneurial domain. This paper epitomizes skill sets involved in trans-entrepreneurs of Thoothukudi Municipal Corporation of Tamil Nadu State and is a groundbreaking determination to sightsee various skills incorporated and the impact on entrepreneurship.
DETERMINANTS AFFECTING THE USER'S INTENTION TO USE MOBILE BANKING APPLICATIONSIAEME Publication
The banking and financial services industries are experiencing increased technology penetration. Among them, the banking industry has made technological advancements to better serve the general populace. The economy focused on transforming the banking sector's system into a cashless, paperless, and faceless one. The researcher wants to evaluate the user's intention for utilising a mobile banking application. The study also examines the variables affecting the user's behaviour intention when selecting specific applications for financial transactions. The researcher employed a well-structured questionnaire and a descriptive study methodology to gather the respondents' primary data utilising the snowball sampling technique. The study includes variables like performance expectations, effort expectations, social impact, enabling circumstances, and perceived risk. Each of the aforementioned variables has a major impact on how users utilise mobile banking applications. The outcome will assist the service provider in comprehending the user's history with mobile banking applications.
ANALYSE THE USER PREDILECTION ON GPAY AND PHONEPE FOR DIGITAL TRANSACTIONSIAEME Publication
Technology upgradation in banking sector took the economy to view that payment mode towards online transactions using mobile applications. This system enabled connectivity between banks, Merchant and user in a convenient mode. there are various applications used for online transactions such as Google pay, Paytm, freecharge, mobikiwi, oxygen, phonepe and so on and it also includes mobile banking applications. The study aimed at evaluating the predilection of the user in adopting digital transaction. The study is descriptive in nature. The researcher used random sample techniques to collect the data. The findings reveal that mobile applications differ with the quality of service rendered by Gpay and Phonepe. The researcher suggest the Phonepe application should focus on implementing the application should be user friendly interface and Gpay on motivating the users to feel the importance of request for money and modes of payments in the application.
VOICE BASED ATM FOR VISUALLY IMPAIRED USING ARDUINOIAEME Publication
The prototype of a voice-based ATM for visually impaired using Arduino is to help people who are blind. This uses RFID cards which contain users fingerprint encrypted on it and interacts with the users through voice commands. ATM operates when sensor detects the presence of one person in the cabin. After scanning the RFID card, it will ask to select the mode like –normal or blind. User can select the respective mode through voice input, if blind mode is selected the balance check or cash withdraw can be done through voice input. Normal mode procedure is same as the existing ATM.
IMPACT OF EMOTIONAL INTELLIGENCE ON HUMAN RESOURCE MANAGEMENT PRACTICES AMONG...IAEME Publication
There is increasing acceptability of emotional intelligence as a major factor in personality assessment and effective human resource management. Emotional intelligence as the ability to build capacity, empathize, co-operate, motivate and develop others cannot be divorced from both effective performance and human resource management systems. The human person is crucial in defining organizational leadership and fortunes in terms of challenges and opportunities and walking across both multinational and bilateral relationships. The growing complexity of the business world requires a great deal of self-confidence, integrity, communication, conflict and diversity management to keep the global enterprise within the paths of productivity and sustainability. Using the exploratory research design and 255 participants the result of this original study indicates strong positive correlation between emotional intelligence and effective human resource management. The paper offers suggestions on further studies between emotional intelligence and human capital development and recommends for conflict management as an integral part of effective human resource management.
VISUALISING AGING PARENTS & THEIR CLOSE CARERS LIFE JOURNEY IN AGING ECONOMYIAEME Publication
Our life journey, in general, is closely defined by the way we understand the meaning of why we coexist and deal with its challenges. As we develop the "inspiration economy", we could say that nearly all of the challenges we have faced are opportunities that help us to discover the rest of our journey. In this note paper, we explore how being faced with the opportunity of being a close carer for an aging parent with dementia brought intangible discoveries that changed our insight of the meaning of the rest of our life journey.
A STUDY ON THE IMPACT OF ORGANIZATIONAL CULTURE ON THE EFFECTIVENESS OF PERFO...IAEME Publication
The main objective of this study is to analyze the impact of aspects of Organizational Culture on the Effectiveness of the Performance Management System (PMS) in the Health Care Organization at Thanjavur. Organizational Culture and PMS play a crucial role in present-day organizations in achieving their objectives. PMS needs employees’ cooperation to achieve its intended objectives. Employees' cooperation depends upon the organization’s culture. The present study uses exploratory research to examine the relationship between the Organization's culture and the Effectiveness of the Performance Management System. The study uses a Structured Questionnaire to collect the primary data. For this study, Thirty-six non-clinical employees were selected from twelve randomly selected Health Care organizations at Thanjavur. Thirty-two fully completed questionnaires were received.
Living in 21st century in itself reminds all of us the necessity of police and its administration. As more and more we are entering into the modern society and culture, the more we require the services of the so called ‘Khaki Worthy’ men i.e., the police personnel. Whether we talk of Indian police or the other nation’s police, they all have the same recognition as they have in India. But as already mentioned, their services and requirements are different after the like 26th November, 2008 incidents, where they without saving their own lives has sacrificed themselves without any hitch and without caring about their respective family members and wards. In other words, they are like our heroes and mentors who can guide us from the darkness of fear, militancy, corruption and other dark sides of life and so on. Now the question arises, if Gandhi would have been alive today, what would have been his reaction/opinion to the police and its functioning? Would he have some thing different in his mind now what he had been in his mind before the partition or would he be going to start some Satyagraha in the form of some improvement in the functioning of the police administration? Really these questions or rather night mares can come to any one’s mind, when there is too much confusion is prevailing in our minds, when there is too much corruption in the society and when the polices working is also in the questioning because of one or the other case throughout the India. It is matter of great concern that we have to thing over our administration and our practical approach because the police personals are also like us, they are part and parcel of our society and among one of us, so why we all are pin pointing towards them.
A STUDY ON TALENT MANAGEMENT AND ITS IMPACT ON EMPLOYEE RETENTION IN SELECTED...IAEME Publication
The goal of this study was to see how talent management affected employee retention in the selected IT organizations in Chennai. The fundamental issue was the difficulty to attract, hire, and retain talented personnel who perform well and the gap between supply and demand of talent acquisition and retaining them within the firms. The study's main goals were to determine the impact of talent management on employee retention in IT companies in Chennai, investigate talent management strategies that IT companies could use to improve talent acquisition, performance management, career planning and formulate retention strategies that the IT firms could use. The respondents were given a structured close-ended questionnaire with the 5 Point Likert Scale as part of the study's quantitative research design. The target population consisted of 289 IT professionals. The questionnaires were distributed and collected by the researcher directly. The Statistical Package for Social Sciences (SPSS) was used to collect and analyse the questionnaire responses. Hypotheses that were formulated for the various areas of the study were tested using a variety of statistical tests. The key findings of the study suggested that talent management had an impact on employee retention. The studies also found that there is a clear link between the implementation of talent management and retention measures. Management should provide enough training and development for employees, clarify job responsibilities, provide adequate remuneration packages, and recognise employees for exceptional performance.
ATTRITION IN THE IT INDUSTRY DURING COVID-19 PANDEMIC: LINKING EMOTIONAL INTE...IAEME Publication
Globally, Millions of dollars were spent by the organizations for employing skilled Information Technology (IT) professionals. It is costly to replace unskilled employees with IT professionals possessing technical skills and competencies that aid in interconnecting the business processes. The organization’s employment tactics were forced to alter by globalization along with technological innovations as they consistently diminish to remain lean, outsource to concentrate on core competencies along with restructuring/reallocate personnel to gather efficiency. As other jobs, organizations or professions have become reasonably more appropriate in a shifting employment landscape, the above alterations trigger both involuntary as well as voluntary turnover. The employee view on jobs is also afflicted by the COVID-19 pandemic along with the employee-driven labour market. So, having effective strategies is necessary to tackle the withdrawal rate of employees. By associating Emotional Intelligence (EI) along with Talent Management (TM) in the IT industry, the rise in attrition rate was analyzed in this study. Only 303 respondents were collected out of 350 participants to whom questionnaires were distributed. From the employees of IT organizations located in Bangalore (India), the data were congregated. A simple random sampling methodology was employed to congregate data as of the respondents. Generating the hypothesis along with testing is eventuated. The effect of EI and TM along with regression analysis between TM and EI was analyzed. The outcomes indicated that employee and Organizational Performance (OP) were elevated by effective EI along with TM.
INFLUENCE OF TALENT MANAGEMENT PRACTICES ON ORGANIZATIONAL PERFORMANCE A STUD...IAEME Publication
By implementing talent management strategy, organizations would have the option to retain their skilled professionals while additionally working on their overall performance. It is the course of appropriately utilizing the ideal individuals, setting them up for future top positions, exploring and dealing with their performance, and holding them back from leaving the organization. It is employee performance that determines the success of every organization. The firm quickly obtains an upper hand over its rivals in the event that its employees having particular skills that cannot be duplicated by the competitors. Thus, firms are centred on creating successful talent management practices and processes to deal with the unique human resources. Firms are additionally endeavouring to keep their top/key staff since on the off chance that they leave; the whole store of information leaves the firm's hands. The study's objective was to determine the impact of talent management on organizational performance among the selected IT organizations in Chennai. The study recommends that talent management limitedly affects performance. On the off chance that this talent is appropriately management and implemented properly, organizations might benefit as much as possible from their maintained assets to support development and productivity, both monetarily and non-monetarily.
A STUDY OF VARIOUS TYPES OF LOANS OF SELECTED PUBLIC AND PRIVATE SECTOR BANKS...IAEME Publication
Banking regulations act of India, 1949 defines banking as “acceptance of deposits for the purpose of lending or investment from the public, repayment on demand or otherwise and withdrawable through cheques, drafts order or otherwise”, the major participants of the Indian financial system are commercial banks, the financial institution encompassing term lending institutions. Investments institutions, specialized financial institution and the state level development banks, non banking financial companies (NBFC) and other market intermediaries such has the stock brokers and money lenders are among the oldest of the certain variants of NBFC and the oldest market participants. The asset quality of banks is one of the most important indicators of their financial health. The Indian banking sector has been facing severe problems of increasing Non- Performing Assets (NPAs). The NPAs growth directly and indirectly affects the quality of assets and profitability of banks. It also shows the efficiency of banks credit risk management and the recovery effectiveness. NPA do not generate any income, whereas, the bank is required to make provisions for such as assets that why is a double edge weapon. This paper outlines the concept of quality of bank loans of different types like Housing, Agriculture and MSME loans in state Haryana of selected public and private sector banks. This study is highlighting problems associated with the role of commercial bank in financing Small and Medium Scale Enterprises (SME). The overall objective of the research was to assess the effect of the financing provisions existing for the setting up and operations of MSMEs in the country and to generate recommendations for more robust financing mechanisms for successful operation of the MSMEs, in turn understanding the impact of MSME loans on financial institutions due to NPA. There are many research conducted on the topic of Non- Performing Assets (NPA) Management, concerning particular bank, comparative study of public and private banks etc. In this paper the researcher is considering the aggregate data of selected public sector and private sector banks and attempts to compare the NPA of Housing, Agriculture and MSME loans in state Haryana of public and private sector banks. The tools used in the study are average and Anova test and variance. The findings reveal that NPA is common problem for both public and private sector banks and is associated with all types of loans either that is housing loans, agriculture loans and loans to SMES. NPAs of both public and private sector banks show the increasing trend. In 2010-11 GNPA of public and private sector were at same level it was 2% but after 2010-11 it increased in many fold and at present there is GNPA in some more than 15%. It shows the dark area of Indian banking sector.
EXPERIMENTAL STUDY OF MECHANICAL AND TRIBOLOGICAL RELATION OF NYLON/BaSO4 POL...IAEME Publication
An experiment conducted in this study found that BaSO4 changed Nylon 6's mechanical properties. By changing the weight ratios, BaSO4 was used to make Nylon 6. This Researcher looked into how hard Nylon-6/BaSO4 composites are and how well they wear. Experiments were done based on Taguchi design L9. Nylon-6/BaSO4 composites can be tested for their hardness number using a Rockwell hardness testing apparatus. On Nylon/BaSO4, the wear behavior was measured by a wear monitor, pinon-disc friction by varying reinforcement, sliding speed, and sliding distance, and the microstructure of the crack surfaces was observed by SEM. This study provides significant contributions to ultimate strength by increasing BaSO4 content up to 16% in the composites, and sliding speed contributes 72.45% to the wear rate
ROLE OF SOCIAL ENTREPRENEURSHIP IN RURAL DEVELOPMENT OF INDIA - PROBLEMS AND ...IAEME Publication
The majority of the population in India lives in villages. The village is the back bone of the country. Village or rural industries play an important role in the national economy, particularly in the rural development. Developing the rural economy is one of the key indicators towards a country’s success. Whether it be the need to look after the welfare of the farmers or invest in rural infrastructure, Governments have to ensure that rural development isn’t compromised. The economic development of our country largely depends on the progress of rural areas and the standard of living of rural masses. Village or rural industries play an important role in the national economy, particularly in the rural development. Rural entrepreneurship is based on stimulating local entrepreneurial talent and the subsequent growth of indigenous enterprises. It recognizes opportunity in the rural areas and accelerates a unique blend of resources either inside or outside of agriculture. Rural entrepreneurship brings an economic value to the rural sector by creating new methods of production, new markets, new products and generate employment opportunities thereby ensuring continuous rural development. Social Entrepreneurship has the direct and primary objective of serving the society along with the earning profits. So, social entrepreneurship is different from the economic entrepreneurship as its basic objective is not to earn profits but for providing innovative solutions to meet the society needs which are not taken care by majority of the entrepreneurs as they are in the business for profit making as a sole objective. So, the Social Entrepreneurs have the huge growth potential particularly in the developing countries like India where we have huge societal disparities in terms of the financial positions of the population. Still 22 percent of the Indian population is below the poverty line and also there is disparity among the rural & urban population in terms of families living under BPL. 25.7 percent of the rural population & 13.7 percent of the urban population is under BPL which clearly shows the disparity of the poor people in the rural and urban areas. The need to develop social entrepreneurship in agriculture is dictated by a large number of social problems. Such problems include low living standards, unemployment, and social tension. The reasons that led to the emergence of the practice of social entrepreneurship are the above factors. The research problem lays upon disclosing the importance of role of social entrepreneurship in rural development of India. The paper the tendencies of social entrepreneurship in India, to present successful examples of such business for providing recommendations how to improve situation in rural areas in terms of social entrepreneurship development. Indian government has made some steps towards development of social enterprises, social entrepreneurship, and social in- novation, but a lot remains to be improved.
OPTIMAL RECONFIGURATION OF POWER DISTRIBUTION RADIAL NETWORK USING HYBRID MET...IAEME Publication
Distribution system is a critical link between the electric power distributor and the consumers. Most of the distribution networks commonly used by the electric utility is the radial distribution network. However in this type of network, it has technical issues such as enormous power losses which affect the quality of the supply. Nowadays, the introduction of Distributed Generation (DG) units in the system help improve and support the voltage profile of the network as well as the performance of the system components through power loss mitigation. In this study network reconfiguration was done using two meta-heuristic algorithms Particle Swarm Optimization and Gravitational Search Algorithm (PSO-GSA) to enhance power quality and voltage profile in the system when simultaneously applied with the DG units. Backward/Forward Sweep Method was used in the load flow analysis and simulated using the MATLAB program. Five cases were considered in the Reconfiguration based on the contribution of DG units. The proposed method was tested using IEEE 33 bus system. Based on the results, there was a voltage profile improvement in the system from 0.9038 p.u. to 0.9594 p.u.. The integration of DG in the network also reduced power losses from 210.98 kW to 69.3963 kW. Simulated results are drawn to show the performance of each case.
APPLICATION OF FRUGAL APPROACH FOR PRODUCTIVITY IMPROVEMENT - A CASE STUDY OF...IAEME Publication
Manufacturing industries have witnessed an outburst in productivity. For productivity improvement manufacturing industries are taking various initiatives by using lean tools and techniques. However, in different manufacturing industries, frugal approach is applied in product design and services as a tool for improvement. Frugal approach contributed to prove less is more and seems indirectly contributing to improve productivity. Hence, there is need to understand status of frugal approach application in manufacturing industries. All manufacturing industries are trying hard and putting continuous efforts for competitive existence. For productivity improvements, manufacturing industries are coming up with different effective and efficient solutions in manufacturing processes and operations. To overcome current challenges, manufacturing industries have started using frugal approach in product design and services. For this study, methodology adopted with both primary and secondary sources of data. For primary source interview and observation technique is used and for secondary source review has done based on available literatures in website, printed magazines, manual etc. An attempt has made for understanding application of frugal approach with the study of manufacturing industry project. Manufacturing industry selected for this project study is Mahindra and Mahindra Ltd. This paper will help researcher to find the connections between the two concepts productivity improvement and frugal approach. This paper will help to understand significance of frugal approach for productivity improvement in manufacturing industry. This will also help to understand current scenario of frugal approach in manufacturing industry. In manufacturing industries various process are involved to deliver the final product. In the process of converting input in to output through manufacturing process productivity plays very critical role. Hence this study will help to evolve status of frugal approach in productivity improvement programme. The notion of frugal can be viewed as an approach towards productivity improvement in manufacturing industries.
A MULTIPLE – CHANNEL QUEUING MODELS ON FUZZY ENVIRONMENTIAEME Publication
In this paper, we investigated a queuing model of fuzzy environment-based a multiple channel queuing model (M/M/C) ( /FCFS) and study its performance under realistic conditions. It applies a nonagonal fuzzy number to analyse the relevant performance of a multiple channel queuing model (M/M/C) ( /FCFS). Based on the sub interval average ranking method for nonagonal fuzzy number, we convert fuzzy number to crisp one. Numerical results reveal that the efficiency of this method. Intuitively, the fuzzy environment adapts well to a multiple channel queuing models (M/M/C) ( /FCFS) are very well.
A tale of scale & speed: How the US Navy is enabling software delivery from l...sonjaschweigert1
Rapid and secure feature delivery is a goal across every application team and every branch of the DoD. The Navy’s DevSecOps platform, Party Barge, has achieved:
- Reduction in onboarding time from 5 weeks to 1 day
- Improved developer experience and productivity through actionable findings and reduction of false positives
- Maintenance of superior security standards and inherent policy enforcement with Authorization to Operate (ATO)
Development teams can ship efficiently and ensure applications are cyber ready for Navy Authorizing Officials (AOs). In this webinar, Sigma Defense and Anchore will give attendees a look behind the scenes and demo secure pipeline automation and security artifacts that speed up application ATO and time to production.
We will cover:
- How to remove silos in DevSecOps
- How to build efficient development pipeline roles and component templates
- How to deliver security artifacts that matter for ATO’s (SBOMs, vulnerability reports, and policy evidence)
- How to streamline operations with automated policy checks on container images
In the rapidly evolving landscape of technologies, XML continues to play a vital role in structuring, storing, and transporting data across diverse systems. The recent advancements in artificial intelligence (AI) present new methodologies for enhancing XML development workflows, introducing efficiency, automation, and intelligent capabilities. This presentation will outline the scope and perspective of utilizing AI in XML development. The potential benefits and the possible pitfalls will be highlighted, providing a balanced view of the subject.
We will explore the capabilities of AI in understanding XML markup languages and autonomously creating structured XML content. Additionally, we will examine the capacity of AI to enrich plain text with appropriate XML markup. Practical examples and methodological guidelines will be provided to elucidate how AI can be effectively prompted to interpret and generate accurate XML markup.
Further emphasis will be placed on the role of AI in developing XSLT, or schemas such as XSD and Schematron. We will address the techniques and strategies adopted to create prompts for generating code, explaining code, or refactoring the code, and the results achieved.
The discussion will extend to how AI can be used to transform XML content. In particular, the focus will be on the use of AI XPath extension functions in XSLT, Schematron, Schematron Quick Fixes, or for XML content refactoring.
The presentation aims to deliver a comprehensive overview of AI usage in XML development, providing attendees with the necessary knowledge to make informed decisions. Whether you’re at the early stages of adopting AI or considering integrating it in advanced XML development, this presentation will cover all levels of expertise.
By highlighting the potential advantages and challenges of integrating AI with XML development tools and languages, the presentation seeks to inspire thoughtful conversation around the future of XML development. We’ll not only delve into the technical aspects of AI-powered XML development but also discuss practical implications and possible future directions.
Climate Impact of Software Testing at Nordic Testing DaysKari Kakkonen
My slides at Nordic Testing Days 6.6.2024
Climate impact / sustainability of software testing discussed on the talk. ICT and testing must carry their part of global responsibility to help with the climat warming. We can minimize the carbon footprint but we can also have a carbon handprint, a positive impact on the climate. Quality characteristics can be added with sustainability, and then measured continuously. Test environments can be used less, and in smaller scale and on demand. Test techniques can be used in optimizing or minimizing number of tests. Test automation can be used to speed up testing.
In his public lecture, Christian Timmerer provides insights into the fascinating history of video streaming, starting from its humble beginnings before YouTube to the groundbreaking technologies that now dominate platforms like Netflix and ORF ON. Timmerer also presents provocative contributions of his own that have significantly influenced the industry. He concludes by looking at future challenges and invites the audience to join in a discussion.
UiPath Test Automation using UiPath Test Suite series, part 5DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 5. In this session, we will cover CI/CD with devops.
Topics covered:
CI/CD with in UiPath
End-to-end overview of CI/CD pipeline with Azure devops
Speaker:
Lyndsey Byblow, Test Suite Sales Engineer @ UiPath, Inc.
Generative AI Deep Dive: Advancing from Proof of Concept to ProductionAggregage
Join Maher Hanafi, VP of Engineering at Betterworks, in this new session where he'll share a practical framework to transform Gen AI prototypes into impactful products! He'll delve into the complexities of data collection and management, model selection and optimization, and ensuring security, scalability, and responsible use.
Building RAG with self-deployed Milvus vector database and Snowpark Container...Zilliz
This talk will give hands-on advice on building RAG applications with an open-source Milvus database deployed as a docker container. We will also introduce the integration of Milvus with Snowpark Container Services.
TrustArc Webinar - 2024 Global Privacy SurveyTrustArc
How does your privacy program stack up against your peers? What challenges are privacy teams tackling and prioritizing in 2024?
In the fifth annual Global Privacy Benchmarks Survey, we asked over 1,800 global privacy professionals and business executives to share their perspectives on the current state of privacy inside and outside of their organizations. This year’s report focused on emerging areas of importance for privacy and compliance professionals, including considerations and implications of Artificial Intelligence (AI) technologies, building brand trust, and different approaches for achieving higher privacy competence scores.
See how organizational priorities and strategic approaches to data security and privacy are evolving around the globe.
This webinar will review:
- The top 10 privacy insights from the fifth annual Global Privacy Benchmarks Survey
- The top challenges for privacy leaders, practitioners, and organizations in 2024
- Key themes to consider in developing and maintaining your privacy program
Full-RAG: A modern architecture for hyper-personalizationZilliz
Mike Del Balso, CEO & Co-Founder at Tecton, presents "Full RAG," a novel approach to AI recommendation systems, aiming to push beyond the limitations of traditional models through a deep integration of contextual insights and real-time data, leveraging the Retrieval-Augmented Generation architecture. This talk will outline Full RAG's potential to significantly enhance personalization, address engineering challenges such as data management and model training, and introduce data enrichment with reranking as a key solution. Attendees will gain crucial insights into the importance of hyperpersonalization in AI, the capabilities of Full RAG for advanced personalization, and strategies for managing complex data integrations for deploying cutting-edge AI solutions.
Sudheer Mechineni, Head of Application Frameworks, Standard Chartered Bank
Discover how Standard Chartered Bank harnessed the power of Neo4j to transform complex data access challenges into a dynamic, scalable graph database solution. This keynote will cover their journey from initial adoption to deploying a fully automated, enterprise-grade causal cluster, highlighting key strategies for modelling organisational changes and ensuring robust disaster recovery. Learn how these innovations have not only enhanced Standard Chartered Bank’s data infrastructure but also positioned them as pioneers in the banking sector’s adoption of graph technology.
Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
In this second installment of our Essentials of Automations webinar series, we’ll explore the landscape of triggers and actions, guiding you through the nuances of authoring and adapting workspaces for seamless automations. Gain an understanding of the full spectrum of triggers and actions available in FME, empowering you to enhance your workspaces for efficient automation.
We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
Threats to mobile devices are more prevalent and increasing in scope and complexity. Users of mobile devices desire to take full advantage of the features
available on those devices, but many of the features provide convenience and capability but sacrifice security. This best practices guide outlines steps the users can take to better protect personal devices and information.
For the full video of this presentation, please visit: https://www.edge-ai-vision.com/2024/06/building-and-scaling-ai-applications-with-the-nx-ai-manager-a-presentation-from-network-optix/
Robin van Emden, Senior Director of Data Science at Network Optix, presents the “Building and Scaling AI Applications with the Nx AI Manager,” tutorial at the May 2024 Embedded Vision Summit.
In this presentation, van Emden covers the basics of scaling edge AI solutions using the Nx tool kit. He emphasizes the process of developing AI models and deploying them globally. He also showcases the conversion of AI models and the creation of effective edge AI pipelines, with a focus on pre-processing, model conversion, selecting the appropriate inference engine for the target hardware and post-processing.
van Emden shows how Nx can simplify the developer’s life and facilitate a rapid transition from concept to production-ready applications.He provides valuable insights into developing scalable and efficient edge AI solutions, with a strong focus on practical implementation.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slackshyamraj55
Discover the seamless integration of RPA (Robotic Process Automation), COMPOSER, and APM with AWS IDP enhanced with Slack notifications. Explore how these technologies converge to streamline workflows, optimize performance, and ensure secure access, all while leveraging the power of AWS IDP and real-time communication via Slack notifications.