Latest news with #DigitalTransformation
Yahoo
9 hours ago
- Business
- Yahoo
Nordic Enterprises Embrace Hybrid, Multicloud Strategies
Digital transformation, changing regulations, sustainability goals drive adoption of flexible, cloud-based IT solutions, ISG Provider Lens® report says STOCKHOLM, July 23, 2025--(BUSINESS WIRE)--Nordic enterprises are increasingly investing in hybrid and multicloud environments, optimizing flexibility, scalability, cost and compliance, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. The 2025 ISG Provider Lens® Private/Hybrid Cloud — Data Center Services report for the Nordics highlights environmental sustainability as a key focus for Nordic companies' data center strategies, which emphasize renewable energy and efficiency. Enterprises are taking advantage of the region's abundant green energy production while deploying innovations such as cooling systems enhanced with AI. "Renewable energy in the Nordics costs up to 50 percent less than the European average," said Rakesh Parameshwara, ISG lead for Banking, Financial and Insurance in the U.K., Ireland and Nordics. "This is a significant catalyst for ongoing investment in data center expansion and outsourcing." Cloud platforms ease AI integration, enabling Nordic enterprises to deploy generative AI tools and large language models to enhance operations. To meet the rising demand for real-time data processing and manage the influx of IoT devices, companies also are embracing edge computing infrastructure. This approach helps them handle advanced AI workloads and carry out digital transformation initiatives. Nordic enterprises are looking to hybrid clouds to integrate on-premises infrastructure with public and private cloud environments. This approach enhances operational efficiency by securing critical workloads and optimizes costs through on-demand services. Firms are also leveraging multicloud services to integrate offerings from multiple vendors, reducing the risk of vendor lock-in. Providers that excel in advanced automation and orchestration to efficiently manage hybrid environments are in high demand in the region. Nordic enterprises are prioritizing innovation and digital transformation, focusing on cybersecurity, talent development and collaboration with technology partners. They are capitalizing on the robust regional connectivity and proximity to European hubs to optimize latency-sensitive applications using edge computing. Nordic enterprises are also adopting comprehensive data strategies and ethical AI deployment to address siloed data and governance challenges. In these initiatives, they are working to ensure security and compliance with robust AI regulatory frameworks. Hybrid cloud deployment for AI is most common in the region's finance, healthcare and public sectors. "Nordic firms are embracing hybrid and edge computing to enhance AI capabilities and manage real-time data," said Meenakshi Srivastava, lead analyst, ISG Provider Lens Research, and lead author of the report. "This strategy improves their ability to manage complex AI tasks and supports expansive digital transformation efforts." The report also explores other cloud trends in the Nordics, including the growing use of scalable, high-density infrastructure options offered by colocation providers and the rise of hyperscaler partnerships for integrated offerings. For more insights into the cloud-related challenges faced by Nordic enterprises, along with ISG's advice for addressing them, see the ISG Provider Lens® Focal Points briefing here. The 2025 ISG Provider Lens® Private/Hybrid Cloud — Data Center Services report for the Nordics evaluates the capabilities of 60 providers across five quadrants: Managed Services — Large Accounts, Managed Services — Midmarket, Managed Hosting, Colocation Services and AI-Ready Infrastructure Consulting. The report names Orange Business as a Leader in four quadrants. It names Kyndryl and Tietoevry as Leaders in three quadrants each. Accenture, Atea, Capgemini, CGI, Fujitsu, LTIMindtree, Sopra Steria, TCS and Wipro are named as Leaders in two quadrants each. The report names atNorth, Bulk Infrastructure, Cognizant, Digital Realty, DXC Technology, Equinix, Green Mountain, HCLTech, Infosys, STACK Infrastructure and Tech Mahindra as Leaders in one quadrant each. In addition, GleSYS, Infosys and Sopra Steria are named as Rising Stars — companies with a "promising portfolio" and "high future potential" by ISG's definition — in one quadrant each. In the area of customer experience, Persistent Systems is named the global ISG CX Star Performer for 2025 among private/hybrid cloud and data center service providers. Persistent Systems earned the highest customer satisfaction scores in ISG's Voice of the Customer survey, part of the ISG Star of Excellence™ program, the premier quality recognition for the technology and business services industry. Customized versions of the report are available from Tietoevry. The 2025 ISG Provider Lens® Private/Hybrid Cloud — Data Center Services report for Nordics is available to subscribers or for one-time purchase on this webpage. About ISG Provider Lens® Research The ISG Provider Lens® Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Mexico, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage. About ISG ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world's top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments. View source version on Contacts Press Contacts: Laura Hupprich, ISG+1 203 517 Philipp Jaensch, ISG+49 151 730 365
Yahoo
13 hours ago
- Business
- Yahoo
Altizon launches Production Intelligence Centre powered by Datonis for Process Industries
PRINCETON, N.J., and PUNE, India, July 23, 2025 /PRNewswire/ -- Altizon Inc. today announced the launch of Production Intelligence Centre solution, powered by Datonis, tailored for process-intensive industries such as Steel, Cement, Chemicals, and Power. This solution delivers a unified digital view of operations by bridging data silos across OT and IT systems, enabling faster, data-driven decision-making across the organization. At the heart of the offering is a digital command center that integrates real-time signals from Sensors, PLCs, SCADA and MES, with business context from ERP systems. The result is a single pane of glass to monitor KPIs, track critical-to-quality (CTQ) parameters, digitize manual operations, and drive operational excellence. The solution includes built-in AI tools that help teams spot issues early—like abnormal equipment behavior, rising energy use, or quality deviations. These models are trained on plant data and tuned for each use case, making them practical to deploy and useful from day one. Key features include: Real-time dashboards tailored to roles like shift operators, production heads, and plant leadership Digital forms and checklists to replace paper-based records across departments AI models for anomaly detection, predictive maintenance, energy and quality drift analysis Fast deployment options with a go-live in 4 weeks. "Industrial AI requires two key phases: first, building a strong data foundation by unifying operational and business data; and second, applying AI to drive improvements. Altizon's Production Intelligence Center delivers both—creating the data bedrock for AI to be truly effective. This accelerates ROI through higher throughput, better productivity, quality, and energy efficiency. The Production Intelligence Centre solution is now available for deployment across heavy industries globally, across all major cloud platforms. About Altizon Altizon, a global industrial AI company, powers digital revolutions by helping enterprises leverage machine data to drive business decisions. Altizon's DFX applies advanced analytics and machine learning algorithms to accelerate smart manufacturing initiatives, modernize asset performance management and pioneer new business models for service delivery. Altizon has been spearheading digital factory initiatives in Industry 4.0 across a range of industry verticals, including Automotive, F&B, Industrials and Remote Industrial Assets. Altizon is headquartered in New Jersey (USA) and Pune (India). For more information, visit: View original content:
Time of India
a day ago
- Business
- Time of India
Expect support for Nifty to hold at 24,700-24,500 remains; buy on dips: Dharmesh Shah
Dharmesh Shah , Head – Technical, ICICI Direct, says the stock market is currently experiencing stock-specific action due to the ongoing earning season. Nifty finds support around 24,700 to 24,500. Immediate resistance lies at 25,300, with a potential target of 25,700. Experts anticipate market consolidation until the end of July. Market breadth shows improvement, indicating a possible market pick-up after the earning season. Buying the dip is the recommended strategy. What is your sense of current market direction? Do you think the 25,000 mark will sustain? More than that, what is your view on Bank Nifty and banking stocks because quite a few earnings have already been disclosed? Dharmesh Shah: From a short-term perspective, stock-specific action is going on in the market right now because the earning season is on. But if you look at Nifty behaviour, yesterday it seemed to be finding support at the 50-day EMA and also the lower end of the rising channel joining the lows of May and June. It looks like the market is more likely to see more consolidation till most of the heavyweights come out with the numbers. So, we believe 24,700 to 24,500 remains a very strong support for Nifty which we expect to hold. 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Sit Down Before You See What He Looks Like Now 33 Bridges Undo So, one, buying the dip should be the strategy. Second, we believe 25,300 will act as an immediate resistance for the Nifty which once surpassed, should point towards a target of 25,700. We believe it is more of a consolidation and until the results season ends by the end of July, we expect this consolidation will continue in the 24,700-25,500-25,700 range on the higher side. So it is more of a stock-specification action, but definitely it is a buy-on-dip market. If you look at the structural perspective, the percentage from the market breadth angle is always a good indicator for understanding the market. The percentage of stocks trading above 200-day right now is 66 compared to 52 last month. So, even if we have seen a decline in the market or a correction of almost 3%, the market breadth seems to be improving. It is more of a stock-specific profit booking going on in the market, but it clearly indicates that maybe once we are towards the end of the earning season, we should definitely see a pick-up in the market. I completely agree when you say that it is a stock-pickers' market and we will see a lot of stock-specific moves. This is because,one, we are in the earning season and two, there are a lot of news flows coming in. Would you want to share any of your trading ideas? Dharmesh Shah: Definitely, power as a space looks positive from current levels because the sector has done nothing for a long time and we believe that the way the base formation is happening in most of these power stocks, it looks like good days will come for power. Live Events You Might Also Like: Bullish position in cement and telecom; Nifty recovery likely in H2: Nikhil Ranka Inside the power space, JSW Energy remains our top pick, where the stock seems to have been witnessing a symmetrical triangle breakout supported by 50-day EMA. It seems to be sustaining above the 50-day EMA, strong base formation near the 50-day and 100-week EMA indicating JSW Energy can be next mover among the power space where we can look for a target of around Rs 572 keeping a stop loss of Rs 509. The second stock is a proxy play for the power space. It is the Power Finance Company (PFC). Again inside the financial index, there it has already witnessed a faster retracement where the nine weeks of fall got retraced in five weeks. It is clearly indicating a structural turnaround happening in the financial services index. Among those, PFC has done nothing for a long time. The stock has witnessed a seven-month falling trend line breakout indicating the end of the corrective phase and even if we look at it from the weekly perspective, it is clearly forming a strong base above the 100-week EMA. We believe the risk-reward looks more favourable at the current level for PFC and one can initiate a long position for the target of around Rs 478.
Zawya
2 days ago
- Business
- Zawya
Saudi Arabia shuts 267 digital platforms to boost unified government services
RIYADH — Saudi Arabia's Digital Government Authority (DGA) has announced the closure and integration of 267 digital platforms across various government sectors as part of ongoing efforts to enhance user experience and increase digital efficiency. The move reflects a broader commitment to improving the quality of government digital services and ensuring platform integration in line with Saudi Arabia's strategic digital transformation goals. According to a statement from the DGA, the closures come under a regulatory framework that includes new governance standards, the adoption of shared technical resources such as the National Single Sign-On system, e-payment gateways, and the Government Integration Channel. All platforms are also required to adhere to the unified design code known as the 'Platform Code,' enabling streamlined and effective digital services. The initiative is part of the 'Inclusive Government' program launched in 2022, which has reduced the number of government digital platforms from 817 to 550 as of the end of H1 2025. The program aims to optimize government resource usage and deliver more efficient and user-centered digital services, supporting the Kingdom's broader digital transformation and improving public satisfaction. The DGA emphasized the importance of collaboration among government entities in developing and managing domains and digital platforms. Central to the strategy is the national app "Tawakkalna," operated by the Saudi Data and Artificial Intelligence Authority (SDAIA), which is being positioned as the primary gateway for accessing unified government services. The authority reaffirmed its commitment to building an integrated digital ecosystem that enhances the performance of digital platforms and elevates the Kingdom's position in global digital government indicators. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Times of Oman
2 days ago
- Science
- Times of Oman
Dialogue session highlights culture, library sciences and sustainable development
Muscat — The Ministry of Culture, Sports and Youth today organized a dialogue session titled 'Culture, Library Sciences, and Sustainable Development" as part of the 'Civilizational Horizons" programme. The session addressed the challenges libraries face in the wake of the digital revolution and the widespread use of the internet, exploring how libraries have adapted to these transformations to provide reliable information beyond geographical constraints. It also highlighted their growing role in supporting education, scientific research, and innovation. The discussion touched on the strong connection between culture, library sciences, and information, emphasising the role of libraries as cultural institutions that have historically enriched human civilisation while promoting values of pluralism, tolerance, and freedom of expression. The session also shed light on the vital role libraries play in achieving sustainable development goals by organising knowledge and managing vast intellectual output through smart systems that keep pace with technological advancements. Additionally, the session explored how libraries contribute to advancing artificial intelligence models, leveraging their extensive databases, and their role in training users to utilize these technologies to produce reliable and well-researched content. Discussions also covered the state of library and information sciences in the Sultanate of Oman, the national information strategy, and digital transformation under 'Oman Vision 2040", along with key challenges facing the library sector in the country. The session further reviewed investment opportunities in cultural and creative industries and the role of libraries in this field.
