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Having the latest technology in place can instantly become a key differentiator for a manufacturer. However, such investments require fully understanding the end goal before making the commitment.
Of course, technology is powerful once combined with the business expertise. As part of Unilever’s ongoing digital transformation, two powder towers in Indaiatuba, Brazil and Guayas, Ecuador are now part of the digital factory environment. These intelligent towers can now operate remotely, meaning staff can safely oversee the manufacturing process while working from home.
During this implementation, the strengths of process engineering, analytics and automation were very well synchronized in order to develop a final solution that fits to the operation’s needs. Finally, the ability to operate the intelligent tower and adjust operating parameters was placed back into the hands of the experts on site,.
Sarah Loftus, digital engineering director at Unilever tells IndustryWeek, “The key to implementing this project effectively was
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(MENAFN – Khaleej Times) Emerging venture markets (EVMs) are gaining momentum as startup ecosystems. The EVMs continue to receive traction from investments and this is evident as seen with Turkish startups who have seen continued growth over the years even as more capital was invested in fewer startup deals in first-half of 2020.
More venture capital inflows but in fewer deals were witnessed in first half of 2020 as investment touched $80 million invested in Turkey-based startups, already 80 per cent of total 2019 funding, while investment deals were down by 51 per cent to 29 from first half in 2019.
The top five disclosed funding rounds in first half 2020 accounted for more than 84 per cent of total funding in the first six months in Turkey’s startup ecosystem compared to 49 per cent across Mena, according to first half 2020 Turkey Venture Investment launched by Magnitt on Monday.
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In our previous analysis, we discussed one primary reason that Bitcoin will make a good long-term investment as the price is likely to go up and stabilize once institutions gain SEC-regulated access. Fidelity and the NYSE-founded Bakkt are two examples of platforms that will influence the first phase of bitcoin’s broader adoption. These two platforms have not yet launched, but a new supply-and-demand dynamic will occur when institutional investors can access cryptocurrencies.
The next phase for Bitcoin stability and price support will hinge on the eroding trust in fiat currencies – both globally and also from younger generations who are digital natives with good reason to seek alternatives outside of the fiat system.
Global Unrest Sees Bitcoin as Alternative to Fiat Currency
Economists have discussed the effects of going off the gold standard during Nixon’s presidency ad nauseum, yet this has been a futile conversation in the past as there
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Bitcoin buyers fall into two camps (primarily). Those who trade the cryptocurrency and those who “stack Satoshis,” a term for stockpiling on Bitcoin as a means of building long-term wealth. Stacking Satoshis may be the most successful tactic due to a few key iterations that Bitcoin will go through to ultimately strengthen its price and reputation as a solid investment choice. Many Bitcoin experts expect Bitcoin to be at the height of its development in 2025.
There are key reasons as to why Bitcoin will make a solid long-term asset over the next five years and may reach its peak as a new technology with mass adoption in seven to ten years. This series explores why strategically entering the bitcoin market at a good entry price will make a solid investment for the future.
Bitcoin Investment Cycle: Institutions
Bitcoin’s investment cycle is important to understand as the cryptocurrency has the
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Use of AI technologies reached 81%, up 33 percentage points since 2018
AI investment and adoption accelerated during COVID-19 pandemic
86% of survey respondents believe that ethical considerations are a strategic priority in the design and implementation of their AI systems
AI is more likely to be used to increase efficiencies and worker productivity than to replace labor
US competitiveness in AI on the world stage remains a concern
The adoption of new artificial intelligence (AI) technologies and further investment in existing AI technologies accelerated during the COVID-19 pandemic, according to a study released today by RELX, a global provider of information-based analytics and decision tools for professional and business customers. The study also reveals that overall implementation of AI technologies across the business landscape increased for the third consecutive year.
The 2020 RELX Emerging Tech Executive Report marks the third edition of the survey and provides a three-year
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Today, International Data Corporation (IDC) announced its IT outlook for 2021 along with top trends and guidance for enterprises as they prepare for The Next Normal.
Recent IDC data shows that actual market performance has been stronger than suggested by survey and market indicators, especially in the U.S., due largely to cloud and remote work support. Service provider investments to meet demand for cloud and digital services are stable compared to other sectors and remote work/learning has driven stronger PC volume and a greater focus on security for the year. “Overall information and communications technology (ICT) spending is expected to have a 5% compound annual growth rate (CAGR) through 2024. In terms of total IT spending, we are seeing a more shallow V-shaped drop this year. Total IT spending will drop to about 1% growth this year, but this is far stronger than the 3% decline that was expected earlier
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iConnections and TII Are Pleased To Announce They Have Entered Into a Global Strategic Partnership, Combining TII’s Industry Leading Educational Forum Services with iConnections’ World Class Strategy-Led Enterprise Delivery and Next-Gen Technology Services
The Investment Institute (TII), a leading membership body offering unbiased and non-commercial educational investment forums for senior decision-makers from leading endowments, foundations, pension funds, family offices and asset management firms has announced a strategic partnership with iConnections, the industry leading platform that seamlessly connects managers and allocators for virtual meetings, giving managers the ability to subscribe and share.
The iConnections Investment Institute will allow TII members real-time interactions and access to peers in the community throughout the year as well as enable allocators to clearly identify managers and strategies that may be of interest.
With technology playing an increasingly critical role in every aspect of business, companies recognize that they need to accelerate the development of digital
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Foreside Launches New Technology Solutions for Registered Investment Advisors, Broker Dealers, and Asset Managers
Products address Code of Ethics and personal account monitoring, best execution, education and training, advertising reviews, and cybersecurity
Foreside Financial Group, a global provider of regulatory and compliance service and technology offerings for firms in the global asset and wealth management industry, is introducing a robust collection of technology-based compliance solutions, all accessible via an expanded client portal. Each new solution is designed to streamline compliance and create efficiencies by employing the latest technology available to meet the unique needs of its individual clients.
Foreside is launching several solutions that will improve the compliance function in vital areas such as personal account monitoring, best execution review, delivery of education and training to staff, advertising and marketing review, and cybersecurity. Select solutions are capable of integrating with an advisor’s current portfolio management platform.
“We pride ourselves in
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Oct. 5 (UPI) — Now is the time to reimagine education around the world to make it more equitable for everyone, several United Nations agencies and their partners said in a joint statement Monday celebrating World Teachers’ Day.
While the coronavirus pandemic has exacerbated inequities, the statement said teachers have led the way in innovation and creativity to serve students despite the limitations.
“In this crisis, teachers have shown, as they have done so often, great leadership and innovation in ensuring that #LearningNeverStops, that no learner is left behind,” said the statement from Audrey Azoulay of UNESCO, Guy Ryder of the International Labor Organization, Henrietta H. Fore of UNICEF and David Edwards of Education International.
The statement said teachers have “individually and collectively” worked to find solutions and create environments where students could learn safely during the pandemic.
“Their role advising on school reopening plans and supporting students with the