Displaying items by tag: digitisation

Ninety-three percent of capital project and construction professionals in APAC are optimistic about their organisation’s future with 78% citing digital transformation as a key growth opportunity 

GUEST RESEARCH: InEight Inc., a global leader in construction project management software, has today launched its first annual Global Capital Projects Outlook. The Outlook, drawing insights from new research conducted with the world’s largest capital project owners and contractor construction professionals across the Americas, Europe and APAC, focuses on optimism levels and digitisation, and found that despite COVID-19, 93% of respondents in the APAC region are either fairly or very optimistic about their future, and 89% believe their organisation to be resilient. 

Accurately converts audio to text enabling an efficient, cost-effective digitization for the billions of recordings captured each year thus expanding the total addressable market

PRODUCT ANNOUNCEMENT: VIQ Solutions Inc. a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, has announced the launch of FirstDraft, powered by aiAssist™, to quickly convert audio files to text providing near real-time access to interviews, testimony, recorded calls, and dictations in a cost-effective manner.

COMPANY NEWS by Matthew Fowler, Managing Director for Asia-Pacific, VIQ Solutions: According to internal research conducted by VIQ Solutions, approximately 15 percent of the audio recorded by organisations, courts, law enforcement and other agencies including government bodies, is currently being digitised.

Global professional services firm Accenture has acquired Australia’s Electro 80, a leading provider of operational technology (OT) for resources clients in Australia, including mining, energy, engineering, construction and utilities companies.

Australia's biggest telco Telstra has set out a process it will undertake this year to enable a restructure that it outlined in November last year.

Global enterprise applications company IFS has been selected by Australian residential building industry supplier Stoddart Group to enable digitisation of job scheduling, automation of critical business processes and the delivery of service excellence.

Where is the forefront of technology in the construction industry?

Many Australian businesses believe COVID-19 has presented them with an opportunity to innovate, according to new research by Microsoft which found that for the majority of organisation surveyed, the pandemic accelerated digital transformation and the digitisation of customer and supply chain interactions.

NBN Co has been named Sydney Festival’s first Regional Partner in a move the National Broadband operator says will help connect audiences across Australia with creative content and cultural performances.

The Salvation Army Australia has deployed technology from global software and spend management company Coupa to help manage its resources cost-effectively and for greater effect in undertaking its humanitarian work.

Australian-listed healthcare technology solutions company Alcidion has signed a major deal with the UK’s South Tees Hospitals NHS Foundation Trust for use of its Miya Precision solution and the Better OPENeP electronic prescribing and medicines administration (ePMA) system.

The technology analyst firm IDC has predicted that more than 65% of firms in the Asia-Pacfic region will digitise operations between 2020 and 2023.

The Australian Government is investing almost $800 million in a move it says will enable business to take advantage of digital technologies to grow their businesses and create jobs as part of Australia’s economic recovery plan.

New Australian headquartered digital banking company Hay has chosen global business process management platform provider Appian to digitise and automate all back-office processes.

Two-thirds of banking executives believe that new technologies such as Artificial Intelligence (AI) and machine learning will continue to have the greatest impact on the global banking sector in the next five years, according to a new report conducted by the Economist Intelligence Unit (EIU) for banking software company Temenos.

Australians who have been required to work from home during COVID-19 say the experience has positively impacted how they view their work/life flexibility, according to a new behavioural change survey by National Broadband Network operator NBN Co.

Australia’s healthcare system must quickly incorporate technologies including remote consulting, wearable monitors and full digitisation if it is to meet the challenges of the coming decade, an investigation by the Australian Academy of Technology and Engineering (ATSE) has found.

The Australian Computer Society has launched a new Artificial Intelligence Hub from its Docklands, Melbourne premises.

Digital transformation creates massive savings for businesses with a newly released study showing that digitisation of engineering processes can save businesses and organisations an average of 35% in capex costs and time optimisation – and commissioning costs of new systems and assets can be reduced by an average of 29%.

Cisco's plan to increase the rate of digital transformation is part of an international effort.