This document discusses how digitalization and emerging technologies can help small and medium enterprises (SMEs) increase revenues, access wider customer bases, and achieve operational efficiencies. It provides examples of how technologies like data analytics, cloud computing, and e-commerce have allowed SMEs to grow. A case study from Denmark is presented on a company called Techno-Matic that developed an Internet of Things platform for its hydraulic products in order to remain competitive in the future. The key lessons highlighted are taking a gradual, step-by-step approach to technological changes and seeking outside expertise to help break out of existing mindsets.
Digital Transformation:
What is it?
How to apply this process in your business?
Digital Transformation in the Manufacturing Industry
Statistics
How is influencing the digital conversion in the business?
How is it important?
Capgemini Leads Digital Transformation for One of the World's Largest RetailersCapgemini
Read how one of the world's largest retailers defined its digital
transformation journey to gain greater customer insights and build a better in-store experience.
This thought-piece discusses how established companies can manage the duality dilemma triggered by the coexistence of new digital offerings and legacy products, and provides expert insights into how a common set of core capabilities can accelerate the digital transformation journey ahead.
Three Engagement Models for Embracing Digital in Life SciencesCognizant
Life sciences organizations must weigh their options for digital transformation. Here's an evaluative guide, with pros and cons and selection criteria, to three engagement models where digital innovation is either IT-centric, business-centric or managed by a 'new entity'.
The coronavirus (COVID-19) presents many challenges for private, mid-market & small businesses, across the globe Focus has had to immediately shift from activities around improvement and digitalization, to the urgent steps needed to ensure business continuity and resilience.
Right Cloud Mindset: Survey Results Hospitality | Accentureaccenture
Looking two years ahead: Functional objectives along with technology related challenges and top five areas of investment for hospitality companies. Learn more: https://accntu.re/3uB9LL1
Digital Transformation:
What is it?
How to apply this process in your business?
Digital Transformation in the Manufacturing Industry
Statistics
How is influencing the digital conversion in the business?
How is it important?
Capgemini Leads Digital Transformation for One of the World's Largest RetailersCapgemini
Read how one of the world's largest retailers defined its digital
transformation journey to gain greater customer insights and build a better in-store experience.
This thought-piece discusses how established companies can manage the duality dilemma triggered by the coexistence of new digital offerings and legacy products, and provides expert insights into how a common set of core capabilities can accelerate the digital transformation journey ahead.
Three Engagement Models for Embracing Digital in Life SciencesCognizant
Life sciences organizations must weigh their options for digital transformation. Here's an evaluative guide, with pros and cons and selection criteria, to three engagement models where digital innovation is either IT-centric, business-centric or managed by a 'new entity'.
The coronavirus (COVID-19) presents many challenges for private, mid-market & small businesses, across the globe Focus has had to immediately shift from activities around improvement and digitalization, to the urgent steps needed to ensure business continuity and resilience.
Right Cloud Mindset: Survey Results Hospitality | Accentureaccenture
Looking two years ahead: Functional objectives along with technology related challenges and top five areas of investment for hospitality companies. Learn more: https://accntu.re/3uB9LL1
I made resume ini shareable format (PDF) from article Tangui Catlin, Jay Scanlan, & Paul Wilmoot (they are from McKinsey) titled "Raising Your Digital Quotient".
I hope this file can be shared to anyone that need it. You can read how McKinsey can estimates your company related to DQ (Digital Quotient).
---------------------
With the pace of change in the world accelerating around us, it can be hard to remember that the digital revolution is still in its early days. Massive changes have come about since the packet-switch network and the microprocessor were invented, nearly 50 years ago. A look at the rising rate of discovery in fundamental R&D and in practical engineering leaves little doubt that more upheaval is on the way.
For incumbent companies, the stakes continue to rise. From 1965 to 2012, the “topple rate,” at which they lose their leadership positions, increased by almost 40 percent1 as digital technology ramped up competition, disrupted industries, and forced businesses to clarify their strategies, develop new capabilities, and transform their cultures. Yet the opportunity is also plain. McKinsey research shows that companies have lofty ambitions: they expect digital initiatives to deliver annual growth and cost efficiencies of 5 to 10 percent or more in the next three to five years.
The transformation to a Digital Insurer is complex as it changes the foundation of the organization. Complicating factor is the fast speed of digital innovation in the market and the current digital structure of the organization not able to deal with these changes. The digital transformation is however inevitable and mistakes will create a bigger gap, resulting in business deterioration. In this presentation a vision on Digital Insurance transformation is explained and more information is available to support a digital transformation process in a specific organization.
Industry 4.0 is the name of the next industrial revolution which is fueled by the advancement of digital technologies. It
is dramatically changing how companies engage in business activities. As a result, the disruptive nature of Industry 4.0
demands a reassessment of the requirements for IT. On the one hand, there is the possibility that the responsibilities of Chief Information Officers (CIOs) could be taken over by other executives such as the Chief Digital Officer (CDO) or the Chief Technology Officer (CTO). On the other hand, this
recent development creates entirely new perspectives for positioning themselves and their IT departments
within the business.
The impact of digital technologies is reaching a magnitude at which IT is considered a substantial
business driver, potentially placing CIOs in the driver’s seat.
ANTS Programmatic Omnichannel 2017 - Part 1
“All about connected & small data:
• BigData & Connected Data
• Audience & Customer Profile
• Digital Components
• Optimization & Insights
• Digital Experience
• Digital APIs
• Open Platform
… to Data-driven Experiences!”
- Dr. Dinh Le Dat, http://AntsProgrammatic.com
DIGITAL TRANSFORMATION
1. Programmatic ad (#adtech)
2. Demand-side PLATFORM (#DSP)
3. Data management platform (#DMP)
4. Customer data platform (#CDP)
5. Marketing technology (#martech)
6. Customer LIFECYCLE
7. Customer moment
8. Omnichannel
9. Digital TRANSFORMATION
10. CUSTOMER EXPERIENCE
11. DIGITAL MATURITY
12. DIGITAL BUSINESS
13. Big Data
14. ARTIFICIAL INTELLIGENCE (#AI)
ANTS PROGRAMMATIC OMNICHANNEL
1. Big Data & Connected Data
2. Audience & 360 Customer Profile
3. DIGITAL COMPONENTS
4. OPTIMIZATION & INSIGHTS
5. DIGITAL EXPERIENCE
6. DIGITAL API
7. OPEN PLATFORM
ANTS Study Cases: Omnichannel & Automation Digital marketing-Sales
1. Big Data & Connected Data
2. Audience & 360 Customer Profile
3. Data-Driven Performance Marketing
4. Automation Marketing
5. ChatBot & Assistance
6. Ecommerce Recommendation
7. Omnichannel Contact Center & CS
-----
ANTS Programmatic Omnichannel 2017 - Part 2 (coming soon)
Designing a Fintech Strategy Around Your Legacy Core IT SupplierKelli Wilkinson
CEOs need strategic insights on how to set the vision and direct their franchise to take advantage of the fintech opportunity without creating too much disruption with clients, staff and the bottom line. Information is pouring in from all directions on fintech and it has become difficult to adopt the right strategy in a fragmented evolving marketplace providing many options.
This session will provide an unbiased, no BS summary for non-technical CEOs ready to lead their franchise in the new fintech era while minimizing the long term hold that legacy core IT suppliers have on them.
Digitization will reinvent the world economy with individuals, businesses, and societies becoming
interconnected in real time. This new digital economy is more collaborative, intelligent,
responsive, and efficient, with dramatic increases in productivity and economic value.
The digital economy will transform the way we live and work, how business runs, and how society
functions – and it will do this in a timeframe that is much shorter than any other major economic
transition in history.
An overview of how digital is transforming the Insurance Industry. With a case study from Nest, the UK Government's pension auto enrolment scheme on how they are embracing digital and innovation to attain strategic objectives.
Learn it in a easy way the reasons why startups faileTailing India
According to the Ministry of Micro, Small and Medium Enterprises, SMEs contribute around 9 per cent to India’s GDP; accounting for as much as 30 per cent of India’s total exports and 45 per cent of the country’s manufacturing output. The SME sector employs over 100 million people who are engaged in activities across industries.
Unfortunately, SMEs still lag from becoming true global contributors and a major reason behind it is lack of adequate finance. Besides, lack of infrastructure, increased costs, reduced profitability, elongated working capital cycles, unavailability of skilled talent and bureaucratic hurdles plague them.
Deepening of flaws in startup india’s lawseTailing India
Around this time last year, the NarendraModi government launched the Startup India, Stand Up India campaign. Twelve months down the line, however, there has been very little forward movement. Only a handful of start-ups have bought into the plan, while the government is still struggling to get the nuts and bolts in place.
I made resume ini shareable format (PDF) from article Tangui Catlin, Jay Scanlan, & Paul Wilmoot (they are from McKinsey) titled "Raising Your Digital Quotient".
I hope this file can be shared to anyone that need it. You can read how McKinsey can estimates your company related to DQ (Digital Quotient).
---------------------
With the pace of change in the world accelerating around us, it can be hard to remember that the digital revolution is still in its early days. Massive changes have come about since the packet-switch network and the microprocessor were invented, nearly 50 years ago. A look at the rising rate of discovery in fundamental R&D and in practical engineering leaves little doubt that more upheaval is on the way.
For incumbent companies, the stakes continue to rise. From 1965 to 2012, the “topple rate,” at which they lose their leadership positions, increased by almost 40 percent1 as digital technology ramped up competition, disrupted industries, and forced businesses to clarify their strategies, develop new capabilities, and transform their cultures. Yet the opportunity is also plain. McKinsey research shows that companies have lofty ambitions: they expect digital initiatives to deliver annual growth and cost efficiencies of 5 to 10 percent or more in the next three to five years.
The transformation to a Digital Insurer is complex as it changes the foundation of the organization. Complicating factor is the fast speed of digital innovation in the market and the current digital structure of the organization not able to deal with these changes. The digital transformation is however inevitable and mistakes will create a bigger gap, resulting in business deterioration. In this presentation a vision on Digital Insurance transformation is explained and more information is available to support a digital transformation process in a specific organization.
Industry 4.0 is the name of the next industrial revolution which is fueled by the advancement of digital technologies. It
is dramatically changing how companies engage in business activities. As a result, the disruptive nature of Industry 4.0
demands a reassessment of the requirements for IT. On the one hand, there is the possibility that the responsibilities of Chief Information Officers (CIOs) could be taken over by other executives such as the Chief Digital Officer (CDO) or the Chief Technology Officer (CTO). On the other hand, this
recent development creates entirely new perspectives for positioning themselves and their IT departments
within the business.
The impact of digital technologies is reaching a magnitude at which IT is considered a substantial
business driver, potentially placing CIOs in the driver’s seat.
ANTS Programmatic Omnichannel 2017 - Part 1
“All about connected & small data:
• BigData & Connected Data
• Audience & Customer Profile
• Digital Components
• Optimization & Insights
• Digital Experience
• Digital APIs
• Open Platform
… to Data-driven Experiences!”
- Dr. Dinh Le Dat, http://AntsProgrammatic.com
DIGITAL TRANSFORMATION
1. Programmatic ad (#adtech)
2. Demand-side PLATFORM (#DSP)
3. Data management platform (#DMP)
4. Customer data platform (#CDP)
5. Marketing technology (#martech)
6. Customer LIFECYCLE
7. Customer moment
8. Omnichannel
9. Digital TRANSFORMATION
10. CUSTOMER EXPERIENCE
11. DIGITAL MATURITY
12. DIGITAL BUSINESS
13. Big Data
14. ARTIFICIAL INTELLIGENCE (#AI)
ANTS PROGRAMMATIC OMNICHANNEL
1. Big Data & Connected Data
2. Audience & 360 Customer Profile
3. DIGITAL COMPONENTS
4. OPTIMIZATION & INSIGHTS
5. DIGITAL EXPERIENCE
6. DIGITAL API
7. OPEN PLATFORM
ANTS Study Cases: Omnichannel & Automation Digital marketing-Sales
1. Big Data & Connected Data
2. Audience & 360 Customer Profile
3. Data-Driven Performance Marketing
4. Automation Marketing
5. ChatBot & Assistance
6. Ecommerce Recommendation
7. Omnichannel Contact Center & CS
-----
ANTS Programmatic Omnichannel 2017 - Part 2 (coming soon)
Designing a Fintech Strategy Around Your Legacy Core IT SupplierKelli Wilkinson
CEOs need strategic insights on how to set the vision and direct their franchise to take advantage of the fintech opportunity without creating too much disruption with clients, staff and the bottom line. Information is pouring in from all directions on fintech and it has become difficult to adopt the right strategy in a fragmented evolving marketplace providing many options.
This session will provide an unbiased, no BS summary for non-technical CEOs ready to lead their franchise in the new fintech era while minimizing the long term hold that legacy core IT suppliers have on them.
Digitization will reinvent the world economy with individuals, businesses, and societies becoming
interconnected in real time. This new digital economy is more collaborative, intelligent,
responsive, and efficient, with dramatic increases in productivity and economic value.
The digital economy will transform the way we live and work, how business runs, and how society
functions – and it will do this in a timeframe that is much shorter than any other major economic
transition in history.
An overview of how digital is transforming the Insurance Industry. With a case study from Nest, the UK Government's pension auto enrolment scheme on how they are embracing digital and innovation to attain strategic objectives.
Learn it in a easy way the reasons why startups faileTailing India
According to the Ministry of Micro, Small and Medium Enterprises, SMEs contribute around 9 per cent to India’s GDP; accounting for as much as 30 per cent of India’s total exports and 45 per cent of the country’s manufacturing output. The SME sector employs over 100 million people who are engaged in activities across industries.
Unfortunately, SMEs still lag from becoming true global contributors and a major reason behind it is lack of adequate finance. Besides, lack of infrastructure, increased costs, reduced profitability, elongated working capital cycles, unavailability of skilled talent and bureaucratic hurdles plague them.
Deepening of flaws in startup india’s lawseTailing India
Around this time last year, the NarendraModi government launched the Startup India, Stand Up India campaign. Twelve months down the line, however, there has been very little forward movement. Only a handful of start-ups have bought into the plan, while the government is still struggling to get the nuts and bolts in place.
Fin tech opportunities revolutionizing SMEseTailing India
Loan Frame was launched in mid-2016 with the objective of redefining the experience of borrowing by SMEs in India. The Company is India’s first lending marketplace fully dedicated to SMEs. Loan Frame caters to the varied loan requirements of SMEs up to Rs. 50 crores.
Govt. revamps the roll-out of its rs 10,000 crore startup fundeTailing India
In a bid to assist innovative start-ups through their journey to becoming full-fledged business entities, the Department of Industrial Policy and Promotion is set to overhaul its Rs 10,000 crore start-up funding scheme by allowing venture capital funds to invest half of the corpus in start-ups and the rest of it in firms at a more mature stage to reduce capital risk.
Need for speed- SMEs credit access from bankseTailing India
According to the Ministry of Micro, Small and Medium Enterprises, SMEs contribute around 9 per cent to India’s GDP; accounting for as much as 30 per cent of India’s total exports and 45 per cent of the country’s manufacturing output. The SME sector employs over 100 million people who are engaged in activities across industries.
Unfortunately, SMEs still lag from becoming true global contributors and a major reason behind it is lack of adequate finance. Besides, lack of infrastructure, increased costs, reduced profitability, elongated working capital cycles, unavailability of skilled talent and bureaucratic hurdles plague them
The Purchasing Managers' Index (PMI) is an indicator of the economic health of the manufacturing sector. The PMI is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
Expectations from India’s manufacturing sector are high. These include, among other objectives, job creation, exports and a force that will drive future economic growth. The report of the Sixth Economic Census (6th EC) that came out in March sheds light on some of the key trends in the sector; trends which raise more questions than answers.
Startup bodies seek exemption in tax policieseTailing India
Prominent startup industry bodies including Indian Angel Network, NASSCOM, Indian Venture Capital Association, TiE and Mumbai Angels have jointly appealed to the government to review taxation policies that adversely impact the startup ecosystem.
You have to start with knowing how much you need. It’s not a random number, and it’s not how much you like. You look for the startup sweet spot, as set by the business plan.
Check out what’s in-store for startups in 2017eTailing India
2016 saw founders and investors took time to grasp the gravity of the rapidly changing funding environment. Two significant reasons for slowdown in funding were:
• Investors were not able to exit from their previous investments. Only when they get a gainful return from these investments will they pour money elsewhere.
• The not up to the mark valuations expected by investors plus non performance of milestones and profitability challenges by the startups is another reason for the crunch in funding.
Learn the key things a successful startup needseTailing India
Starting a business is hard. There are many reasons why small businesses fail, even if they have a great product or service and plenty of funding. According to a study by ShikharGhosh, a senior lecturer at Harvard Business School, as many as 95% of startup companies never see their projected returns on investment. So, what are the keys to startup success and how can you know if a startup is likely to succeed?
Edu-tech startup space attracts more dealseTailing India
In what marks the first acquisition for the Bengaluru-based education technology firm Byju's, the tech startup reportedly acquired Vidyartha, a career guidance and academic profile builder, for close to Rs 50 crore.
Realising Digital’s Full Potential in the Value ChainCognizant
When we spoke with executives across Europe who lead digitising efforts, they described a diverse range of deployments, but digital can, and must, deliver far more than it has so far. In this ebook, we explore how businesses can explore digital's full potential across their value chain.
HARMAN Digital Transformation Solutions(DTS) offers engineering research and development (ER&D) and digital transformation solutions to deliver digital products, platforms, and software solutions for enterprises across industries. The company's Connected Lifestyle business focuses on connecting the consumer, with an emphasis on digital health, whereas the Smart Infrastructure business focuses on delivering telecom and industrial solutions.
Customize Transformation For A Personalized ExperienceLCDF
Shifting to a Customer-centric
Business Model :-
Many businesses already see the writing on the wall: Only 8 percent of companies
say their current business model will remain economically viable if their industry
keeps digitizing at its current course and speed.2 But to become a modern digital
business, you must go beyond just digitizing old business models and instead use
technology to align your people, processes, and technology around entirely new ways
of serving customers.
By placing the customer at the center of everything you do, you can create products,
services, and experiences that are more valuable to your buyer, allowing you to stand
out in an increasingly commoditized world, drive more profit, and generate more
brand loyalty.
Harnessing The Disruptive Potential - Techwave.pdfAnil
Technological advancement is the single most exciting thing that can happen in the business world today. It shakes up markets and makes business circles question which industries will succeed or fail when the time comes for new adoptions. Disruption across industries is diffusing at an unprecedented rate. And disruptive domains play a key role in the process.
The pervasiveness of digital technologies is reshaping aftermarket. e-tailing is gnawing away the market for spare parts as more people are buying online, social media is influencing the consumption of aftermarket services and customers are demanding deeper 24*7 experiences. In this article Browne & Mohan consultants showcase the drivers of digital transformation and adoption for aftermarket.
Lessons from Long Tail: Delivering on the Semiconductor Digital Engagement Ma...Infosys
Traditional customer engagement methods and information infrastructures are no longer sufficient. Success in the semiconductor marketplace will belong to those who are prepared for comprehensive digital and social interactions and commerce across the sales and support cycle with traditional and new prospects and customers who are “engineers” by day and “digital consumers” after hours. The industry is realizing the power of Web 2.0 technologies to reach untapped emerging markets of product developers and engineers across the globe, while increasing customer satisfaction, productivity, and profitability.
Albiorix Technology brings the top 10 digital transformation trends to watch out for in 2023 that you can adopt to improve your business performance.
For More Information: https://www.albiorixtech.com/blog/digital-transformation-trends/
Starting with computing infrastructure, Microsoft Azure will ultimately add a layer of advanced cloud technologies and analytics to Flipkart’s existing data centres. Flipkart plans to leverage artificial intelligence, machine learning and analytics capabilities in Azure, such as Cortana Intelligence Suite and Power BI, to optimize its data for innovative merchandising, advertising, marketing and customer service. With powerful insights about its business and new, intelligent services, Flipkart can deliver increasingly relevant and personalized experiences to its customers.
ThoughtWorks: Monetising Open Banking Thoughtworks
Open Banking is disrupting the future of financial services in Australia, and we believe that it will do much more than just enhance customer experience. It will pave the way for innovative, highly personalised products; new partnerships that generate mutual value; and new business lines that create additional revenue streams.
Technology Challenges Encountered by Small & Mid-Sized Business (1).pdfSmartinfologiks
Invest in technology to build a remote and hybrid office work culture to enhance operational efficiencies in SMBs.
Market fluctuations, an increase in consumer demands, and cut-throat competition with marketing giants have been never-ending challenges for small and mid-sized businesses. The outbreak of the pandemic did wreck the backbone of Small & Mid-Sized Business and with the economy trying to recover, SMBs are likely to witness upcoming oddities.
With inflation witnessing a rise in February 2022 by 2.47 percent, it has turned out to be a major challenge for SMBs in recent quarters. Small businesses need to tighten up their seat belts to change the game by offering exceptional customer services, enhanced customer relations, and ensuring operational efficiencies.
Having backed up by appropriate technology is the only key to sustenance and plasticity for small businesses. However, 70-80% of small businesses still lack the available technology.
This piece of writing will highlight a few challenges that small businesses are likely to witness while adjusting technology in 2022 and avenues to keep pace with the same. But before this, let’s have a glance over a few benefits of how small businesses can benefit from a technology solution.
For businesses that want to stay relevant in a Digitized Market, it's imperative to consider Digital Transformation. At Cygnet we deliver 100% Agile solutions in line with your business goals
Similar to The next wave of SMEs breathe digitalization (20)
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
1. wwww.digitalerra.com
The Next Wave of SMEs Breathe Digitalization
Digitally empowered SMEs are able to increase revenue, lower
risks, decrease cost and diversify consumer segments over a
short period of time as compared to offline businesses.
Technological solutions such as Data Analytics, cloud-based
platforms and ERP systems will shape a company’s strategy and
growth enabling it to extract more insightful information for
informed decision making.
Today, let us see the impact of Digitalization in the SME
ecosystem.
Increase in revenues
Upgrading digital technology and having an online presence can
provide significant opportunities for SMEs to grow and increase
their top line. Engagement through a company website or shifting
2. wwww.digitalerra.com
to an e-commerce platform can increase sales by allowing SMEs
to access new customers in local and overseas markets. It also
allows flexibilities of time, geographical location and delivery to
conduct business. A study by Snapdeal titled “Impact of e-
commerce on SMEs in India”, states that an enterprise can
potentially improve its revenues by about 51%, thus, today, the
growth of SMEs is driven by eCommerce. The study also states
that 46% of the SMEs have witnessed a significant growth by
adopting an online sales channel. Diversified customers also help
divide business risk across different locations.
Accessibility to wider customer base
Increased digital engagements allow SMEs to explore new
markets, enabling them to compete with the bigger giants in the
industry. E-commerce has provided cost-effective solutions for
the companies in large cities and rural areas alike to connect and
trade with customers around the world. SMEs can often lack the
skills to enter international markets due to limited knowledge,
language barriers, and unfamiliarity with cultural differences and
narrow business outlook.
E-commerce platforms outspread geographical boundaries,
engage in improving customer experience and provide support for
better supply chain solutions.
Operational efficiencies
Access to e-commerce platforms allow SMEs to decrease overall
expenditure by optimizing operational and marketing costs like
call centers, trade shows, and individual product advertising. The
study by Snapdeal found that SMEs can optimize marketing
spend by 60% to 80% of the total cost. IT-driven smart
3. wwww.digitalerra.com
manufacturing tools/ techniques such as Digital Integrated
Production Planning, Shop Floor Control, Supply Chain Solutions,
Cloud-based ERP could make SMEs more competitive in the
current environment.
Main causes for low adoption in the past:
Lack of understanding of business benefits technology can
deliver across end-to-end value chains
Lack of guidance on the inherent abilities of technologies
and how these can be integrated and institutionalized in
their businesses
Resistance to incurring upfront investment-related costs to
implement technology
Lack of skilled manpower to manage technology setups
According to NASSCOM, the estimated market growth driven by
SMAC is expected to be 30% (US$1 trillion) by 2020.
4. wwww.digitalerra.com
Key drivers escalating adoption today:
In India, the impetus for adopting Social, Mobile, Analytics, and
Cloud (SMAC) has been facilitated by the following factors:
The exponential growth in adoption of smart devices to
enable easy access to 3G or 4G networks
The increased popularity of social media
Rapidly increasing volumes of data being captured by
businesses across customer touch-points
Advancement made in analytic tools and technology that
is helping to bring analytics closer to business users
Cloud enabling businesses to deploy mobility and analytic
solutions in a cost-effective manner and reducing time-to-
market
Digital transformation: how SMEs can leverage this wave
of technology?
SMEs will thrive if key enablers powered by SMAC technologies
are created in integrated ecosystems to support their following
needs:
Accessibility of expert knowledge and best practices
Financial independence and risk mitigation
Targeted marketing reach and sales
Operational excellence across locations
Efficient provisioning of services
Real time insights and decision-making
5. wwww.digitalerra.com
We bring you a Case Study straight from Denmark
highlighting the importance of Digitalization
Company Name: Techno-Matic
Country: Denmark
Preparing for the Internet of Things
Techno-Matic is a Danish company with 20 employees offering
Hydraulic solutions for Danish and international customers. The
management of Techno-Matic felt a pressing need for a change in
its technological capability to be able to develop future products.
The products needed to be ready for meeting customers need
related to the Internet of Things (IoT), and Big Data.
Management therefore approached Aalborg University for
expertise and advice.
For a long time Techno-Matic had a competitive advantage due to
its strong capabilities in hydraulic. They can be used on many
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sources including for example trucks, large vehicles in the forest
industry or in agriculture. To secure its future long-term
competitiveness, Techno-Matic decided to move its offerings and
products into the IoT space. Using its network and existing
contacts to Aalborg University, Techno-Matic came in touch with
the MatchMaker at Institute for Computer Science.
Nature of the intervention: Brand new platform for
IoT
Through several meetings with the matchmaker, Techno-Matic
defined a new value proposition for its future business that would
be based on IoT. This led to the upgrading of the company’s
products with a new platform of software and hardware. Further,
the company needed to equip the products with a digital
communication platform and to develop the company staff’s
digital qualifications. This would ensure that Techno-Matic was
able to deal with Big Data analysis. This led to a dialogue on the
way forward involving both the R&D group as well as the
management of the board. Techno-Matic has now developed a
prototype of the communication module which is tested with
customers.
Outcome: A new mindset
The main intervention from the matchmaker was to develop the
Company’s Products and Services with embedded systems for IoT
and Big Data.
Lesson learnt: Small step method
A main learning is that the technological change can be
accomplished with the small steps method even though the task
up front seems overwhelming. This applies both internally and in
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the involvement of customers, who also has a learning curve
ahead of them when it comes to IoT. Another important learning
is to deliberately seek for outside input to help you to break out
of your present mindset and changes in your technological path.
SMEs in India need to inculcate a scientific focus and an approach
that benefits both the company and the client.
(References: Mazar, digitalsme.eu)