Bright Spots for Digital Technologies in the Midst of a Global Pandemic

With the COVID-19 pandemic persisting, countries around the world are scrambling to implement preventive measures to flatten the curve of their outbreaks and keep their public health systems from being overwhelmed. Terms like ‘social distancing,’ ‘lockdown,’ and ‘contact tracing’ have now become part of daily conversation as people come to grips with life under a new normal.

How technology is helping to contain the spread of COVID-19

Like South Korea, Hong Kong, and Taiwan, Singapore has a simple but effective approach to COVID-19: identify, quarantine, and treat patients as quickly as possible. But it is the innovative application of tech-driven strategies that has proven to be the difference-maker in these nations thus far. 

The increased isolation stemming from social distancing measures have forced governments, businesses, and public health organizations to expand the use of technologies to improve testing and contact tracing.

For example, in South Korea, the government rolled out

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Accelerating the digital future in banking

If you feel like we have accelerated digitally 3 years in 3 months, you are not alone. From grocery delivery to curbside pickup, consumers have adopted new habits in the shadow of the pandemic; or in some ways, re-adopted old habits (such as drive-through banking). As more people switch to online and acquire digital alternatives to in-person collaboration, exercise, retail, and healthcare, businesses must adapt to the fast-changing world. 

Welcome to the Zettabyte World, one full of data from exponential growth of smart connected ecosystems.

So what is in store in our data-rich future? 

“Data is oxygen” is a saying that you are likely familiar with. 

Alternatively, data is the fuel that powers our businesses.

Imagine an infrastructure that is architected for exponential growth and scaled on demand, with data that can be remotely managed seamlessly across domains.

Imagine a virtual assistant that observes your behavior and learns your consumption

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Tom Peck Joins Sysco as Chief Information and Digital Officer

HOUSTON, Dec. 03, 2020 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, announced today that Tom Peck will join the company as executive vice president and chief information and digital officer, effective Jan. 4, 2021. In this role, Peck will lead Sysco’s strategic efforts to accelerate its business transformation through customer-facing technology solutions and will lead the company efforts to modernize its technology infrastructure.

Peck has over 20 years of experience leading enterprise information technology strategy, services, operations, risk and cybersecurity for large global enterprises. He most recently served as chief information and digital officer of Ingram Micro Inc., an approximately $50 billion global leader in technology distribution, supply chain services and cloud solutions. In this role, he led the development of a long-term systems architecture and effectiveness plan to modernize and digitize core systems and processes designed to deliver additional speed, agility and scalability.


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Flipkart’s digital payments firm PhonePe to raise $700 million from existing investors

NEW DELHI (Reuters) – PhonePe, the digital payments unit of Walmart’s Indian e-commerce arm Flipkart, said on Thursday it would sell a stake to existing investors for $700 million, helping it fuel growth in a crowded market that includes Google and Amazon .

FILE PHOTO: The logo of India’s e-commerce firm Flipkart is seen in this illustration picture taken January 29, 2019. REUTERS/Danish Siddiqui/Illustration

PhonePe’s fundraising, from Flipkart investors led by Walmart, will give it a valuation of $5.5 billion, the company said in a statement.

PhonePe is also using the opportunity to assert its independence from the Flipkart Group which runs a successful e-commerce business in India rivalling Amazon’s local unit.

It will have its own board of directors, which will include founder and CEO Sameer Nigam and former Flipkart boss Binny Bansal, who is no longer at the company he co-founded.

PhonePe will also have employee stock ownership

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Global Electrical Digital Twin Software Market 2020 Emerging Technologies, Opportunity Assessment, Projections and Future Opportunities by 2025

The MarketWatch News Department was not involved in the creation of this content.

Dec 02, 2020 (CDN Newswire via Comtex) —
Global Electrical Digital Twin Software Market 2020 by Company, Type and Application, Forecast to 2025 published by reveals trustworthy information on the market and detailed forecasts for a better understanding of the present market scenario. The report represents a market area through research, development, and analysis of information from multiple sources. The report provides an in-depth analysis of the global market, including qualitative insights, historical data, and verifiable projections about the market size and share. The report encompasses thoughtful market insights, statistical analysis, and historical data, and market predictions by using industry top players, types, and their applications. It also covers the key factors that could manipulate the development of the Electrical Digital Twin Software industry sector.

The competitive landscape is presented which enlists leading players of the

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5 Rules to Win Back Trust, Credibility, and Digital Customers

As a long-time business executive and adviser to entrepreneurs, I see a definitive shift away from customer trust in traditional business messages, and the executives who deliver them.

Today’s digitally distracted consumer is led to trust only things that they see with their own eyes. They want the raw data versus a polished message.

This distrust for the scripted message has led to a new demand for unfiltered marketing, and the emergence of business credibility heroes, like Elon Musk, with his bold statements, and sometime villains, such as Mark Zuckerberg defending Facebook privacy practices.

I just finished a new book, “Unfiltered Marketing,” by Stephen Denny and Paul Leinberger, which helped me put this digital communication transformation into perspective for all business owners.

I believe that the sooner every entrepreneur and brand builder adapts to this emerging trend, the sooner they will find success. I summarize the key elements of the

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Digital platform for creative individuals

a group of people on a sidewalk: Cult Creative hopes to grow the community by being self-sustainable.

© Provided by New Straits Times
Cult Creative hopes to grow the community by being self-sustainable.

KUALA LUMPUR: Malaysian-based startup, Cult Creative is on a mission to fully develop their disruptive professional app and platform for creatives, revolutionising the local creative industry socially and economically through innovation and technology.

The company said it is set to raise RM100,000 via a rewards crowdfunding campaign on PitchIN to expand the development of its initiative for creatives who will then be able to collaborate digitally, learn new skills and discover opportunities for growth.

Cult Creative aims to deliver a networking app and platform for creative people to explore the world of opportunities through connectivity.

Its chief executive officer and co-founder, Shermaine Wong comments said Malaysia’s unemployment rate increased to 5 percent, the highest this decade due to the pandemic.

“We wanted to find the solution for this significant gap in the market. Existing

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Onshape spotlights the value of collaboration tech in December’s “Innovation for Good” digital event

There is a word that begins with the letter “C” that is uppermost on the minds of many people these days, and it isn’t COVID. It’s “collaboration,” and the term has become essential to getting basic work done, from the mundane to the highly complex.

A global pandemic has placed significant emphasis on the use of technology to collaborate on tasks and projects that used to be accomplished in person. Although PTC Inc. couldn’t have known what the world would be like a year after its acquisition of collaboration technology provider Onshape, the purchase has proven to be a timely one indeed.

Onshape is billed as the industry’s “first pure SaaS platform that unites robust CAD with powerful data management and collaboration tools.” Onshape’s cloud native approach is riding a wave of momentum created by the pandemic in a SaaS market estimated by Gartner Inc. to grow to $104 billion

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Mobilizes’ 5G Camera Solution Featured at Snapdragon Tech Summit Digital 2020

The MarketWatch News Department was not involved in the creation of this content.

Dec 02, 2020 ( via COMTEX) —
IRVINE, Calif., Dec. 2, 2020

IRVINE, Calif., Dec. 2, 2020 /PRNewswire-PRWeb/ — This year, Mobilize Solutions was featured during Qualcomm Technologies’ annual Snapdragon Tech Summit Digital 2020. During the virtual event, leaders from Qualcomm Technologies and across the mobile industry shared the latest innovations in premium tier mobile technologies.

The Mobilize team is working with Qualcomm Technologies to develop new exclusive 5G camera solutions. Optimized with the Qualcomm� Snapdragon(TM) 888 5G Mobile Platform, Mobilize is focused on developing picture-in-picture live streaming, AI to deliver relevant AR in real-time, and providing mixed reality experiences from any location in the world.

“As the mobile camera experience continues to evolve the importance of innovating and developing new technologies is a top priority. Our work with Qualcomm Technologies will enable us to develop new

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Report: Digital technology has ‘central role to play’ in reaching net zero

Digital technology has a “central role to play” in achieving net zero emissions and tech giants must play their part, a report has said.

mart meters, supercomputers, weather modelling and AI could all help cut carbon emissions by one third in the next 10 years, according to the Royal Society.

It estimates that digital technology contributes between 1.4% and 5.9% to global emissions and recommends that firms be more open about their energy consumption, in particular from data centres.

This pandemic has accelerated the digital transition so now is the time to take stock and ensure the sustainable development of future digital technologies and systemsProfessor Andy Hopper, Royal Society

The net zero transition should be data-led, with governance arrangements in place that enable the safe and rapid use of data to support the achievement of the net zero target, the report explained.

Regulators such as the Financial Conduct Authority

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