Latest news with #Contracts
Yahoo
22-05-2025
- Business
- Yahoo
Workday Introduces Illuminate AI Agents to Revolutionize Workflows
On May 19, Workday Inc. (NASDAQ:WDAY) unveiled Illuminate AI Agents, a new generation of AI-powered tools aimed at accelerating hiring, enhancing frontline worker experiences, and streamlining financial processes. Designed to boost productivity, these agents integrate Workday's responsible AI foundation and extensive HR and finance expertise. A man in black suit holding a tablet looks at stock market data on a monitor. Photo by Tima Miroshnichenko on Pexels "The key to unlocking real business value with AI is to actively reshape the very core of how businesses operate," said Gerrit Kazmaier, Workday's President of Product and Technology. Built on a dataset of over 1 trillion annual transactions, these AI tools turn data into actionable intelligence, improving decision-making, compliance, and efficiency. Workday's new Illuminate AI Agents enhance various business functions, including hiring, legal workflows, finance, workforce management, and procurement. The Contingent Sourcing Agent speeds up temporary hiring, while the Contract Intelligence & Negotiation Agents streamline contract reviews and risk detection. The Document Driven Accounting Agent automates financial data extraction for billing and invoicing, and the Frontline Agent helps manage shifts and ensure compliance. The Self-Service Agent assists employees with inquiries and task automation, while the Supplier Contracts Agent optimizes procurement by analyzing agreements to align with contract terms. NetApp has reported millions in savings using Workday's AI, underscoring its real-world business impact. Workday's Agent System of Record enables seamless deployment, while Illuminate AI, powered by vast HR and financial datasets, ensures AI solutions align with real business needs. By focusing on practical AI applications, Workday reinforces its leadership in enterprise AI, delivering measurable value and driving business transformation. While we acknowledge the potential of Workday Inc. (NASDAQ:WDAY) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WDAY and that has 100x upside potential, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None.
Yahoo
06-05-2025
- Business
- Yahoo
DGR Systems Expands Digital Foundations Strategy with Strategic Hires and HPE NASPO Contract Win in Florida
TAMPA, Fla., May 6, 2025 /PRNewswire/ -- DGR Systems LLC is proud to announce a significant advancement in its Digital Foundations strategy with the expansion of key service capabilities, deepening OEM partnerships, and being awarded access to the Hewlett Packard Enterprise (HPE) NASPO ValuePoint and Cloud Contracts in the state of Florida. DGR Systems Logo (PRNewsfoto/DGR Systems) This contract award is a major milestone in DGR Systems' commitment to delivering next-generation infrastructure and cloud solutions through its growing Digital Foundations portfolio. It reinforces the company's focus on providing scalable, secure, and future-ready platforms that support modernization initiatives across the public and private sectors. To support this strategic direction, DGR Systems has made targeted investments in leadership talent, including the appointment of Steve Cavendish to lead the Digital Foundations drive, and Chris Black to drive growth and maturity of DGR's professional services offerings. These hires underscore the company's mission to align its people, processes, and partnerships around delivering measurable value to customers. "Our Digital Foundations strategy is all about giving our customers the technical backbone they need to transform and thrive," said Steve Cavendish, Vice President Digital Foundations at DGR Systems. "Access to the HPE NASPO and Cloud contracts is a tangible result of our ongoing investments in OEM alignment, solution engineering, and service delivery excellence." With the HPE contract, DGR Systems is uniquely positioned to deliver high-value solutions in compute, storage, networking, and hybrid cloud—paired with expert implementation and lifecycle support from a trusted local partner. For more information on DGR Systems and its Digital Foundations offerings, visit Contact: info@ (813) 344-1615 Who is DGR Systems: DGR Systems helps organizations build resilient digital foundations, secure operations, and transform their workplaces to thrive in an evolving technology ecosystem. From digital foundations and cybersecurity solutions to cutting-edge workplace innovations, DGR Systems delivers solutions that achieve measurable results, inspires transformation, and prepares customers for tomorrow. Cision View original content to download multimedia: SOURCE DGR Systems
Yahoo
28-04-2025
- Business
- Yahoo
SAG-AFTRA National Board Approves Commercials Contracts That Prevent AI, Digital Replicas Without Consent
The SAG-AFTRA National Board approved the 2025 Commercials Contracts on Sunday in a deal that the negotiating committee says is worth $218.4 million in increased earnings and benefit plan contributions over the next three years. If ratified, the contracts would prevent performers' data and likeness from being used to train AI without consent, one-year streaming use fees would increase up to 33.33% and paid use would get a 12% increase over current Traditional Digital rates. Additionally, the agreements would see compounded increases in compensation at a rate of 5% in year one, 4% in year two and 3% in year three. 'A huge congratulations goes out to the commercials contracts negotiating committee for their diligent work in this agreement which is an important step forward for protecting the stability of performers' livelihoods during this time of major technological upheavals in the ad industry,' SAG-AFTRA president Fran Drescher said in a Sunday statement.' The committee was co-chaired by Katie Von Till and Erin Fritch who led with strength, wisdom, intellect and patience. Brava ladies! The commercials contracts are a real powerhouse when it comes to addressing tech with more AI protections than any contract so far! Well done!' 'This deal, hard-won thanks to an incredibly dedicated negotiating committee, achieves real wage growth and puts rules and a price tag on digital replica use — essential progress for a changing industry. I'm thrilled the National Board has approved this forward-thinking agreement and that members will now have a chance to review its many gains,' SAG-AFTRA national executive director and chief negotiator Duncan Crabtree-Ireland added. 'I also want to extend my deepest appreciation to our extraordinary and courageous negotiating committee, especially co-chairs Erin Fritch and Katie Von Till, and the best co-lead negotiator anyone could ask for, SAG-AFTRA chief contracts officer Ray Rodriguez.' Other tentative details from the deal include pension and health contribution rates raising from 20.5% to 23.5%, more forward disability accommodation, better protections for minor performers, first-day per diems, wage increases for singers' demos that don't air and 25% more for dancers who are asked to lip sync. Ratification votes are now due by 5 p.m. PT on May 2. The post SAG-AFTRA National Board Approves Commercials Contracts That Prevent AI, Digital Replicas Without Consent appeared first on TheWrap.
Yahoo
28-02-2025
- Business
- Yahoo
US pending home sales fall to record low in January
Contracts to buy previously owned homes fell to a record low in January as prospective buyers were constrained by higher mortgage rates and house prices. The National Association of Realtors (NAR) said on Thursday that its Pending Home Sales Index, which is based on signed contracts, declined by 4.6% last month to 70.6, an all-time low. Economists polled by Reuters had forecast contracts, which become sales after a month or two, falling by 1.3% in January. Pending home sales were down 5.2% from a year ago. "It is unclear if the coldest January in 25 years contributed to fewer buyers in the market, and if so, expect greater sales activity in the upcoming months," said NAR chief economist Lawrence Yun. "However, it's evident that elevated home prices and higher mortgages strained affordability." Mortgage Rates Fall For Fifth Week In A Row, Hover Near 7% Mortgage rates ranged from 6.91% to 7.04% in January and NAR noted that in comparison to one year ago, the monthly mortgage payment on a $300,000 home increased by an extra $50 to $1,590. Mortgage rates have since declined slightly in February to about 6.85%. Read On The Fox Business App Around the country, the number of signed contracts fell in the Midwest, South and West, but rose slightly in the Northeast. "Even a slight reduction in mortgage rates will likely ignite buyer interest, given rising incomes, increased jobs and more inventory choices," Yun added. Existing Home Sales Fall To Lowest Level In Nearly 30 Years Mortgage rates have remained elevated even as the Federal Reserve cut its benchmark interest rate by 100 basis points since September. The central bank has since paused the rate cuts in January while it weighs the impact of the Trump administration's policies on inflation, as tariffs, tax cuts and mass deportations of illegal immigrants are viewed by economists as potentially spurring inflation. Mortgage rates track the yield on the 10-year Treasury note, which has dropped in recent days amid softer economic data. However, concerns about inflation will likely limit the scope of the decline, while consumers' inflation expectations have risen on fears that tariffs will increase the price of goods. Reuters contributed to this article source: US pending home sales fall to record low in January Sign in to access your portfolio
Associated Press
05-02-2025
- Business
- Associated Press
Healthcare Smart Contracts Global Strategic Business Report 2025 with Coverage of 40+ Players Including Aetsoft, Apriorit, burstIQ, Debut Infotech, ELEKS, Hedera Hashgraph, IBM, Microsoft, OpenXcell
The 'Healthcare Smart Contracts - Global Strategic Business Report' report has been added to offering. The global market for Healthcare Smart Contracts was valued at US$3.2 Billion in 2024 and is projected to reach US$10.1 Billion by 2030, growing at a CAGR of 21.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the Healthcare Smart Contracts market is driven by several factors, including the increasing adoption of blockchain technology in healthcare, the rising need for data security, and the demand for cost-efficient processes. Healthcare providers and insurers are increasingly turning to smart contracts to streamline administrative tasks, reduce errors, and improve overall operational efficiency. The push for greater data interoperability and real-time patient record sharing has further accelerated the adoption of smart contracts in the industry. Advancements in blockchain technology, coupled with its integration with IoT and artificial intelligence, are enhancing the functionality and scalability of smart contracts. This has encouraged pharmaceutical companies and supply chain managers to adopt smart contracts for improving logistics, ensuring compliance, and reducing counterfeiting risks. Additionally, government regulations promoting transparency and accountability in healthcare are fostering a favorable environment for the adoption of blockchain-based solutions. As consumer awareness about secure and efficient healthcare solutions grows, the demand for healthcare smart contracts is expected to rise significantly, reshaping the future of the global healthcare industry. What Are Healthcare Smart Contracts and How Are They Revolutionizing the Industry? Healthcare smart contracts are blockchain-powered digital agreements that automate, streamline, and secure transactions and data exchanges across healthcare ecosystems. These contracts are designed to eliminate inefficiencies and reduce the reliance on intermediaries by ensuring trustless, transparent, and immutable processes. In healthcare, smart contracts are transforming operations such as patient record management, claims processing, and drug supply chain monitoring. By automating these functions, healthcare smart contracts reduce errors, minimize fraud, and ensure compliance with industry regulations. One of the most significant benefits of smart contracts is their ability to improve data interoperability among healthcare providers. Fragmented systems and siloed data have historically hindered seamless communication across healthcare networks. Smart contracts facilitate the secure and automated sharing of patient information, enabling faster diagnoses, personalized treatments, and continuity of care. Furthermore, their implementation ensures that sensitive patient data is accessed and utilized only by authorized parties, maintaining high levels of privacy and security. Why Are Smart Contracts Transforming Healthcare Payment Systems? The integration of smart contracts into healthcare payment systems is addressing long-standing challenges such as delays in claims processing, fraudulent billing, and lack of transparency. Traditional healthcare billing systems often involve multiple intermediaries, leading to inefficiencies and higher administrative costs. Smart contracts eliminate these bottlenecks by automating the verification and execution of payment agreements. For example, when a patient receives treatment, the smart contract can instantly validate the procedure, cross-check insurance coverage, and trigger automated payments - all without human intervention. Smart contracts also enhance transparency in pricing. By providing all stakeholders, including patients, insurers, and providers, with real-time access to cost breakdowns, these contracts foster trust and accountability. Additionally, they are being leveraged to improve reimbursement models for value-based care, where payments are tied to patient outcomes rather than services rendered. This shift ensures that healthcare providers are incentivized to deliver high-quality care, ultimately benefiting patients and the broader healthcare system. How Are Smart Contracts Addressing Supply Chain Challenges in Healthcare? The healthcare supply chain is another critical area where smart contracts are making a significant impact. The complexity of pharmaceutical and medical device supply chains often results in inefficiencies, counterfeit products, and lack of traceability. Smart contracts offer a robust solution by enabling end-to-end visibility and accountability. Every transaction and movement of goods can be recorded on a blockchain, ensuring that all stakeholders have access to a single source of truth. For pharmaceutical companies, smart contracts simplify regulatory compliance by automating the tracking and documentation of drug manufacturing processes. In the case of vaccine distribution, smart contracts can monitor temperature-sensitive shipments in real time, ensuring that products remain viable upon delivery. Moreover, these contracts enable secure collaboration between manufacturers, distributors, and healthcare providers, reducing delays and preventing losses. By enhancing transparency and traceability, smart contracts are addressing critical vulnerabilities in the healthcare supply chain. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of major players such as Aetsoft Inc., Apriorit, burstIQ, Debut Infotech, ELEKS and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Key Insights: Market Growth: Understand the significant growth trajectory of the Ethereum Blockchain segment, which is expected to reach US$4.2 Billion by 2030 with a CAGR of a 21.3%. The Hyperledger Fabric Blockchain segment is also set to grow at 20.5% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $832.4 Million in 2024, and China, forecasted to grow at an impressive 20.3% CAGR to reach $1.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Segments: Blockchain Type (Ethereum Blockchain, Hyperledger Fabric Blockchain, MultiChain Blockchain, Other Blockchain Types) Application (Supply Chain Management Application, Clinical Trials Application, Data Exchange & Interoperability Application, Claims Adjudication & Billing Management Application, Other Applications) End-Use (Drug & Medical Device Companies End-Use, Healthcare Providers End-Use, Healthcare Payers End-Use, Other End-Uses) Key Attributes: Report Attribute Details No. of Pages 183 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $3.2 Billion Forecasted Market Value (USD) by 2030 $10.1 Billion Compound Annual Growth Rate 21.4% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Influencer Market Insights World Market Trajectories Economic Frontiers: Trends, Trials & Transformations Healthcare Smart Contracts - Global Key Competitors Percentage Market Share in 2024 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E) MARKET TRENDS & DRIVERS Blockchain Adoption in Healthcare Fuels Growth of Smart Contracts Need for Transparent and Secure Data Sharing Drives Smart Contract Deployment Integration with Electronic Health Records Expands Opportunities for Smart Contracts Healthcare Fraud Prevention Efforts Propel Demand for Smart Contract Solutions Increased Focus on Patient Data Security Strengthens the Case for Blockchain Smart Contracts Interoperability Challenges in Healthcare Push Innovations in Smart Contract Technology Insurance Claims Automation Spurs Growth of Smart Contract Applications Growing Use of IoT in Healthcare Creates Opportunities for Smart Contract Integration Real-Time Data Sharing Needs Accelerate Smart Contract Development Rising Awareness of Patient-Centric Care Drives Adoption of Smart Contract Solutions Decentralized Healthcare Models Boost Demand for Blockchain-Powered Smart Contracts Focus on Supply Chain Transparency in Pharmaceuticals Expands Smart Contract Usage Smart Contract Automation Enhances Efficiency in Clinical Trial Management FOCUS ON SELECT PLAYERS: Some of the 43 companies featured in this Healthcare Smart Contracts market report include: Aetsoft Inc. Apriorit burstIQ Debut Infotech ELEKS Hedera Hashgraph IBM Corporation Medicalchain Microsoft Corporation OpenXcell For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 02/05/2025 08:53 AM/DISC: 02/05/2025 08:53 AM
