Search Results for: digital transformation

Workers of all ages want employers that commit to digital progress

Workers of all ages want employers that commit to digital progress

Workers of all generations demand more digital savvy employersEmployees across all age groups want to work for businesses committed to digital progress, and companies that are slow to embrace digital technology will not thrive and are more likely to lose talent, according to a new global report. Strategy, Not Technology, Drives Digital Transformation from MIT Sloan Management Review and Deloitte Digital is based on findings from the fourth annual global survey of more than 4,800 business executives across 27 industries and 129 countries. It suggests the ability to digitally transform and reimagine a business is determined in large part by establishing a clear digital strategy, supported by leaders who foster a culture that can change and reinvent their organizations. People want to work for digitally maturing organizations, with nearly 80 percent of respondents preferring to work for a digitally enabled company or digital leader. This sentiment crossed all age groups nearly equally, from 22 to 60.

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Case Study: AutoTrader motors into its new Manchester digital playground

_MG_0491smEven in the context of a rapidly declining print market, the decision to end AutoTrader’s 37-year history as a printed magazine was not an easy one to take. At its height, Auto Trader had a circulation of 368,000, but in June 2013 the final printed copy rolled off the presses and the business began its new incarnation as a purely digital platform. Of course, this transformation was a long time in the making and had actually begun ten years earlier.  By the time the print room lights went out, all of Auto Trader’s revenues had not only migrated online, but experienced significant growth too. It is Auto Trader’s growth during this process of transformation that is considered so unique in the publishing world and is proof that the business’ aspiration to be at the forefront of the digital marketplace is not just a wide-eyed intention. The website boasts 11.5million unique users, carrying out more than 140 million searches across mobile, table and desktop devices and the business is set to launch an extensive TV advertising campaign on boxing day.

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CIFF Guangzhou 2024 proves a record-breaker and a major boost to international furniture trade

CIFF Guangzhou 2024 proves a record-breaker and a major boost to international furniture trade

An extraordinary edition of CIFF Guangzhou has just concluded, recording the highest number of exhibitors and visitors ever. This success rewarded the strategy of CIFF, an ever-evolving exhibition event with a key role in the development of the global furniture industry, promoting design and innovation, boosting consumption, and fostering international furniture trade. A total area measuring 850,000 square metres; 4,700 exhibitors, 11.8% more than the all-time pre-pandemic peak in 2019; 363,449 trade visitors, 22.06% more than in 2019, including 51,205 international visitors from 178 countries, an increase of as much as +43.11% compared to 2019. More →

Siemens, Enlighted, and Zumtobel Group partner to advance smart building solutions

Siemens, Enlighted, and Zumtobel Group partner to advance smart building solutions

Siemens and Enlighted, a  property technology company owned by Siemens, announce a strategic partnership with Zumtobel Group, the lighting provider, to advance the adoption of smart building technologies

Siemens and Enlighted, a  property technology company owned by Siemens, announce a strategic partnership with Zumtobel Group, the lighting provider, to advance the adoption of smart building technologies including intelligent IoT lighting, setting new standards for efficiency and sustainability in building operations worldwide. At the core of the partnership lies the technical integration of Enlighted’s industry-leading smart sensors into Zumtobel Group’s lighting portfolio, both under Zumtobel and Thorn brands. More →

CIFM/interzum guangzhou, the leading trade fair for machinery, materials, and components for the furniture industry returns

CIFM/interzum guangzhou, the leading trade fair for machinery, materials, and components for the furniture industry returns

CIFM/interzum guangzhou 2024 aims to create a high-level event focusing on the supply chain, showcasing cutting-edge solutions in the production of machinery, materials, and components for the furniture industry, and making a valuable contribution to the development of industry trends.The largest exhibition platform dedicated to the furniture manufacturing industry will return to the stage revamped and further expanded during the second phase of the 53rd CIFF Guangzhou, from 28 to 31 March 2024, in conjunction with Office Furniture and Commercial Spaces. CIFM/interzum guangzhou 2024 aims to create a high-level event focusing on the supply chain, showcasing cutting-edge solutions in the production of machinery, materials, and components for the furniture industry, and making a valuable contribution to the development of industry trends. More →

Business leaders struggling to navigate rapid change, report claims

Business leaders struggling to navigate rapid change, report claims

Amidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challengesAmidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challenges – and it’s taking a toll on executive tenure. According to a new survey conducted by LHH, a talent advisory and solutions company, executives across various industries and countries are grappling with formidable challenges, with technological advancements taking centre stage in their concerns. The survey, titled View from the C-Suite: Bridging the executive gap, reveals some of the key insights and recommendations for senior executives as they begin 2024. More →

There will be a near universal adoption of generative AI in businesses, say bosses

There will be a near universal adoption of generative AI in businesses, say bosses

An overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 monthsAn overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 months, according to a new poll from Thomson Reuters. The Thomson Reuters Future of Professionals C-Suite Survey reported on responses from 148 C-Suite leaders (CFOs, CEOs etc) from the United States, United Kingdom and Canada. The survey suggests that use of AI across businesses is becoming ubiquitous as leaders start to recognize the true potential of the technology, such as in developing new products and driving operational efficiency. More →

Tailored workplace management for modern organisations

Tailored workplace management for modern organisations

Workplace management used to be a secondary concern for organisations in the past, but it has now become a top priority.Workplace management used to be a secondary concern for organisations in the past, but it has now become a top priority. The COVID-19 pandemic has accelerated the process of digital transformation, leading to the implementation of new processes and technologies that focus on facilitating remote and at-home work. As a result of these changes, organisations have recognized the importance of finding a balance in their work environments. More →

Firms are throwing resources at AI knowing they are likely to fail

Firms are throwing resources at AI knowing they are likely to fail

three quarters of UK businesses are gearing up to invest in AI over the next 12 months without really knowing what they are doingDespite a recent track record of failure when implementing digital strategies, more than three quarters of UK businesses are gearing up to invest in artificial intelligence over the next 12 months without really knowing what they are doing. Nearly three-quarters (73 percent) admit to being ill-prepared for the integration of the technology into their operations, according to new survey. The report [registration] from tech consultancy Infinum  suggests that over two-thirds of UK businesses that invested in digital products over the past five years have faced failure and are about to invest in AI knowing of their own poor track record. More →

Hybrid working and technology are key drivers of change for organisations, claims report

Hybrid working and technology are key drivers of change for organisations, claims report

A new CIPD report says that technology and hybrid working have had a significant impact on people professionals and organisationsThe latest findings from the CIPD’s People Profession 2023: UK and Ireland survey report, which surveyed 1,456 HR and workplace professionals across the UK, show that technology and hybrid working have had a significant impact on their roles and organisations. The report found that rapidly evolving technology, like generative AI, is having an impact on people teams as well as the wider business. Over half of UK people professionals, 55 percent, surveyed believe that advancing technology is transforming the way HR teams operate and deliver in their role.

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Why your business needs to invest in embedded BI

Why your business needs to invest in embedded BI

Alt text: A person working on a computer looking at two screens utilizing embedded BI tools.In this day and age, businesses are constantly searching for strategies to enhance their operational capability. With the advent of technology, numerous tools have emerged that aid companies in achieving a significant edge in the competitive business environment. One such essential tool is embedded business intelligence (BI), which is pivotal in making informed business decisions. Keep reading to learn more about embedded BI. More →

AI is giving business leaders the heebie-jeebies, new poll suggests

AI is giving business leaders the heebie-jeebies, new poll suggests

An overwhelming majority of business leaders (94 percent) admit to some form of 'tech anxiety' when it comes to AI, according to a new surveyAn overwhelming majority of business leaders (94 percent) admit to some form of ‘tech anxiety’ when it comes to AI and other technology, according to a new survey from Kin + Carta. This anxiety is on the rise as the pace of digital and technological change accelerates, and is prompting top executives to invest more in digital transformation, according to the survey. The report defines tech anxiety as the feeling senior leaders have as a result of the rapid pace of advancements in technology that are causing concern when it comes to how their business operates. While the top source of that anxiety is cyber security (cited by 24 percent of respondents), close behind, and rounding out the top three, are concerns over AI and machine learning (19 percent), and anxieties about sustainability strategy and tracking (17 percent). More →