Search Results for: manufacturing

2019 will be the year of the data-driven digital ecosystem, claims Dell

2019 will be the year of the data-driven digital ecosystem, claims Dell

Dell Technologies have shared their predictions for 2019. Its central forecast is that this will be the year of the data-driven digital ecosystem, bringing us one step closer to 2030, which Dell describes as the next era of human-machine partnerships and a society where we will be immersed in smart living, intelligent work, and a frictionless economy. This includes: The spark of the next gold rush in tech investments, spurred by the greater value to be derived from data; 5G paving the way for micro-hubs to line our streets, and the opportunity for real-time insights; Multi-cloud environments driving automation, AI and ML processing into high gear; Making room in the workforce for Gen Z; and stronger, smarter and greener supply chains

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Amazon dupes the world, the mystery of AI, a workplace zoo and some other things you may like

Amazon dupes the world, the mystery of AI, a workplace zoo and some other things you may like

Sometime over the past few years, the search for possible locations for the latest tech giant palace has become something of a media preoccupation. Typical of the stories this quest generates is this piece in the New York Times about Google’s search for new property in the city. But the apotheosis of all this has been Amazon’s quest for a new HQ in the US, leading to an unedifying scrabble between municipal authorities keen to attract the lair of OmniCorp to their turf.

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Brexit has already caused banks to move head counts away from UK

Brexit has already caused banks to move head counts away from UK

Brexit has already caused banks to move head counts out of UKA new report published by Information Services Group (ISG) claims that UK banks are already moving headcount out of the UK and building new centres of excellence in other EU countries. The reason it suggests is because Brexit is likely to disrupt the UK and Europe applications development and maintenance (ADM) services markets in the coming months, with the impact felt most notably in the banking, financial services and insurance (BFSI), healthcare and life sciences (HCLS) and manufacturing sectors. However, a September report from Reuters found that so far just 630 jobs in the finance sector have been relocated from the UK.  (more…)

Unskilled and low skilled men most at risk from Brexit

Unskilled and low skilled men most at risk from Brexit

Men with GCSE qualifications or below employed in certain manual occupations are more likely than other groups to work in industries at particular risk from new barriers to trade with the EU after Brexit. Historically, those in this group have struggled to find equally well-paid work elsewhere when job losses have occurred. That is one of the key conclusions from detailed new analysis of trade data carried out by researchers at IFS and funded by the ESRC’s UK in a Changing Europe initiative.

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Executives understand the importance of big data but have little idea what to do with it

Executives understand the importance of big data but have little idea what to do with it

When board members in big firms make critical decisions about their organisations, it is almost always behind closed doors. So exactly how and if senior leaders draw on big data factors in their decision-making is largely unexplained. Researchers from Brunel University studied top-level decisions by board managers at 19 organisations in manufacturing, finance, consultancy, IT and air travel. The study, published in the Journal of Business Research looked at how board managers think and act and the mental models and skills they use to weigh up big data. Directors, it suggests, recognise big data’s potential to improve their decision-making. But many admit feeling ill-equipped to do this, whether through their own technical skills or the new type of non-linear thinking needed. (more…)

Quarter of employees say they have experienced a data security breach

Quarter of employees say they have experienced a data security breach

New research by 247meeting claims to have uncovered worrying lapses in data security in the workplace, with senior management often being the biggest culprits. According to the report: a quarter of senior managers have experienced a stranger on a conference call; 26 percent of employees with access to customer data haven’t been trained on GDPR; over a third of employees don’t know where their security policy is saved; and almost half of employees admit to using technology tools to communicate at work without them being password protected

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Majority of staff refuse to admit tiredness is affecting their performance at work

Majority of staff refuse to admit tiredness is affecting their performance at work

Majority of staff won't admit tiredness is impacting their performance at work

Almost half of employees regularly turn up to their job feeling too tired to work but according to a new survey the majority (86 percent) are not able to speak openly with their line manager about how tiredness is impacting on performance. The research from Westfield Health has found over one in ten (11 percent) of UK workers have purposefully taken a nap at work, and over a third (34 percent) say their mental wellbeing is reduced due to tiredness and fatigue. Fatigue, which is defined as extreme tiredness resulting from mental or physical exertion or illness, is stretching beyond work for UK employees, with 55 percent saying it is affecting them at home too. Almost half (46 percent) said they regularly turn up to their jobs feeling too tired to work, and more than a third (37 percent) say they tend to be more forgetful and make errors as a result of tiredness. This is a worrying concern when it comes to the built environment, particularly construction.

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The Fourth Industrial Revolution will be the most disruptive yet, senior economist predicts

The Fourth Industrial Revolution will be the most disruptive yet, senior economist predicts

The rise of artificial intelligence and automation will create a Fourth Industrial Revolution that will be be significantly more disruptive than the three previous industrial revolutions, according to the Bank of England’s chief economist. According to Andy Haldane, the transformation caused by automation of cognitive skills had the potential to have a greater impact than Britain’s first industrial revolution, when coal and steam changed the country, the second industrial revolution which brought chemical engineering and the combustion engine, or the widespread use of computers in the 20th and 21st centuries.

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New analysis sets out to define fastest growing sectors in London in 2018

New analysis sets out to define fastest growing sectors in London in 2018

A new analysis from Instant Offices sets out to identify the largest business sectors driving London’s economy. It claims that the three most prominent are information and communication, financial and insurance, and professional, scientific and technical services. The UK Business Register and Employment Survey (BRES) showed distinct trends in growth for specific sectors, in London and in the UK as a whole.

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Artificial intelligence will create more jobs than it displaces, claims new study

Artificial intelligence will create more jobs than it displaces, claims new study

Artificial Intelligence (AI) and related technologies are projected to create as many jobs as they displace in the UK over the next 20 years, according to new analysis by PwC. In absolute terms, around 7 million existing jobs could be displaced, but around 7.2 million could be created, giving the UK a small net jobs boost of around 0.2 million. While the overall net effect of AI on UK jobs may be broadly neutral, this varies significantly across industry sectors. The most positive effect of AI is seen in the health and social work sector, where PwC estimates that employment could increase by nearly 1 million, equivalent to around 20 percent of existing jobs in the sector. On the other hand, PwC estimates the number of jobs in the manufacturing sector could be reduced by around 25 percent, representing a net loss of nearly 700,000 jobs.

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How limiting non-work related web use affects security and productivity

How limiting non-work related web use affects security and productivity

Spiceworks has announced the results of a new survey examining the use of web filtering in the workplace and the implications of restricting certain online behaviours. The results indicate among organisations that don’t restrict non-work related web use, most employees (58 percent) spend at least four hours per week, the equivalent of 26 workdays per year, on websites unrelated to their job. In other words, based on the median U.S. salary of $45,812, these organisations are paying full-time employees approximately $4,500 per year to spend 10 percent of their time consuming non-work-related web content.

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The future of the workplace emerges from the mists at Neocon

The future of the workplace emerges from the mists at Neocon

Chicago is one of the world’s great cities. Its dramatic lake and river setting, its magnificent architecture and its raw energy inspire the locals and businesses to achieve great things. People work and play very hard. Competition is fierce both in business as in the way the people relate to each other, and befits a city heavily influenced by waves of immigration down the ages. Apart from somewhat overly aggressive and noisy driving, if there is friction, you don’t sense it and it isn’t obvious. Most locals seem genuinely open and friendly, including to strangers, and happy to get on with their lives without troubling others. Perhaps they’re all being buoyed up by the great street music which is everywhere.

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