Category: FOCUS

93% of the retailers involved in a Zitec survey perceive economic uncertainty as one of the biggest challenges of the year

93% of the retailers involved in a Zitec survey perceive economic uncertainty as one of the biggest challenges of the year

Zitec, a leader in digital transformation solutions, announces the launch of Retail Innovation Pulse, a playbook dedicated to addressing challenges in the retail industry, which explores digital strategies designed to enhance competitiveness.  In a fast-changing commercial environment, retailers who adopt agile strategies, test initiatives through MVPs (Minimum Viable Products), and implement modern architectures hold a clear advantage in front of […]

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AI Usage is Skyrocketing

AI Usage is Skyrocketing

Al usage has exploded over the past five years. In 2020, about 115 million people used AI tools. Today, that number has tripled to nearly 350 million. However, the latest data show the AI market is growing much faster than thought before.                     According to data presented by AltIndex.com, the global […]

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China’s tech self-reliance accelerates amid sanctions, reshaping global innovation landscape

China’s tech self-reliance accelerates amid sanctions, reshaping global innovation landscape

Geopolitical tensions and domestic challenges are accelerating China’s push toward technological self-sufficiency. As US sanctions intensify, China is doubling down on innovation across artificial intelligence (AI), semiconductors, robotics, and 5G. Strategic investments in critical minerals, digital infrastructure, and automation are positioning China to lead the next industrial revolution, reshaping global supply chains and creating a parallel tech ecosystem independent of […]

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Artificial Intelligence to Become a Trillion-Dollar Industry by 2031

Artificial Intelligence to Become a Trillion-Dollar Industry by 2031

Despite a rocky start to the year for the tech sector, marked by geopolitical tensions shaking up global markets, the industry will continue to grow, though at a shifted pace. Artificial intelligence remains one of the biggest drivers behind that growth, and the market is set to reach a historic milestone in the following years.           […]

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US tariffs drive enterprise IT shift toward cloud and AI-driven digital transformation

US tariffs drive enterprise IT shift toward cloud and AI-driven digital transformation

The US administration’s tariff policies are reshaping global trade dynamics, triggering uncertainty across industries. For the IT services market, this means supply chain disruptions, delayed hardware projects, and cautious enterprise spending. Yet, amid volatility, digital transformation remains a strategic imperative. Enterprises embracing cloud, artificial intelligence (AI), and automation are better positioned to adapt swiftly and sustain operational agility in an […]

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Social media faces regulation and user shift toward decentralization

Social media faces regulation and user shift toward decentralization

Regulatory pressure on social media intensified in 2024, signalling a shift in how governments deal with Big Tech. The upcoming laws such as Australia’s under-16 ban and new antitrust scrutiny could reshape the sector’s structure and revenue models. As users grow wary of data use and moderation policies, smaller decentralized platforms are expected to attract more attention in 2025. Reportedly, […]

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Apple and Nvidia’s trillion-dollar commitment:  more rhetoric than reshoring revolution

Apple and Nvidia’s trillion-dollar commitment: more rhetoric than reshoring revolution

Apple and Nvidia, the world’s two most valuable companies by market capitalization, pledged over USD1tn towards the US electronics supply chain, presenting themselves as strategic allies in reshoring and industrial sovereignty efforts. However, a closer look reveals these politically symbolic gestures lack the genuine reshoring shifts claimed, posing hidden economic and geopolitical risks. High-profile promises with limited impact? Looking beyond […]

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Endava: AI set to drive 44% growth in digital services revenue by 2029

Endava: AI set to drive 44% growth in digital services revenue by 2029

Digital services revenue is estimated to rise by 44%, expanding from 34% to nearly half (49%) of companies revenue by 2029, according to a report compiled from IDC surveys across Europe, Asia-Pacific region (APAC), and the Middle East demanded by Endava (NYSE ‘DAVA’), a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset. This shift is […]

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From Concept to Colleague: How We Built an AI Assistant That Works

From Concept to Colleague: How We Built an AI Assistant That Works

AI is revolutionizing how we work, making information more accessible and processes more efficient. Yet, as companies grow, so does the challenge of navigating an overwhelming amount of internal data spread across multiple platforms. At SoftServe, we listened to associates’ feedback around that and saw an opportunity to create an internal AI assistant that would simplify navigating corporate knowledge. by […]

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Private cloud: Performance, under your control

Private cloud: Performance, under your control

Private cloud gives you the flexibility of cloud computing without sacrificing security or control. Ever feel stuck between wanting the cool new cloud stuff but worrying about keeping your data safe? You’re not alone. Many companies we talk to at LifeinCloud face this exact problem – they want cloud flexibility but can’t compromise on security or control. This is where […]

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Boston Consulting Group: Five Major Challenges for CEOs in 2025

Boston Consulting Group: Five Major Challenges for CEOs in 2025

The year 2025 is expected to bring significant challenges for the business environment and companies worldwide. Boston Consulting Group (BCG) highlights five of the most critical issues that nearly all business leaders will face this year. These challenges were identified based on discussions with over a thousand executives globally and are detailed in the report “Five Dynamics That Will Test […]

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Schneider Electric: Homeowners not leveraging available technology to reduce energy costs and emissions

Schneider Electric: Homeowners not leveraging available technology to reduce energy costs and emissions

Schneider Electric, the leader in the digital transformation of energy management and automation, today released the third edition of its consumer survey in a white paper titled Evolving home energy consumption: Intentions, actions and hurdles to greater home energy efficiency. It surveyed 13,000 people from 11 countries across the world uncovering global attitudes toward household energy efficiency, sustainability and smart […]

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