Transformation

• [New] The global pandemic that we all experienced over the past year was a wake-up call for digital transformation and has driven increased demand for agile platforms that can help organizations improve their ability to respond to economic volatility and disruption.
• [New] COVID-19 can affect the global economy in three main ways: by directly affecting Production and Demand, By Creating Supply Chain and Audio Frequency Transformer Market Disruption, and by its financial impact on firms and financial markets.
• [New] The disruptive impact of Covid-19 and the availability of digital technologies that can support online learning present an unprecedented opportunity for the transformation of higher education at a global level.
• The level of disruption across global supply chains has never been greater, but so is the opportunity to digitally transform quickly, using new, agile approaches.
• The rapid adoption of disruptive technologies by UK industry will gather pace as more companies undertake their own digital transformation journeys, changing their business structures to offer new services and outsource existing aspects of their day-to-day operation and modernisation.
• Accenture has completed its acquisition of Imaginea, a cloud native product and platform engineering firm that helps companies drive innovation through disruptive technologies to transform their businesses digitally and capture new opportunities.
• A new report from Constellation Research has urged enterprises to adopt disruptive technologies and take advantage of a historic opportunity to transform employee experience.
• In a world experiencing a sprint towards digital transformation and innovation, businesses are continuously seeking ways to improve and implement technology with the least disruption, investment and time consumption as possible.
• Given the rapid pace of transformation and disruption of global economies driven by technological development, Romania needs to invest in the right skills and training models to keep pace with the rapid change in technology and markets.
• As the World Economic Forum report on the Future of Jobs suggests, automation, in tandem with the COVID-19 recession, is creating a 'double-disruption' scenario for workers, but adds that technological adoption by companies will transform tasks, jobs and skills by 2025.
• The Asia-Pacific region is witnessing a digital transformation boom, poised to accelerate due to the technology-biased disruption caused by the COVID-19 pandemic.
• A survey of 500 US-based enterprise technology decision-makers from IT decision making platform AVANT Communications reveals rapid change as businesses press ahead with digital transformation and bring in new disruptive technologies.
• Leveraging the talent and assets of both companies, Team Upshift will push the boundaries of Ford's transformation, unlock personalized consumer experiences, and drive disruptive, data-driven opportunities.
• With an emphasis on the integration of digital technologies with other scientific and engineering fields, China should nurture more cutting-edge digital talent with disruptive digital skills to expedite its digital transformation.
• The disruptive technologies, which are forecast beyond 2021, reflect the impact that the COVID-19 pandemic has had on accelerating the digital transformation of society.
• According to Forrester Research 91% of manufacturers surveyed stated that digital transformation is a top initiative for manufacturing operations and nearly 3 quarters of executive respondents expects significant business impacts in next 2 years.
• While HR professionals' readiness to support long term digital disruption and transformation will be crucial in 2021, almost one in four organizations say they will not support digital transformation - and many are failing to update their talent strategy at all.
• Global gas demand is expected to resume growth in 2021.
• The rate of GDP growth in Sri Lanka was in negative territory in 2020, with an annual contraction of 4.6% expected.
• The economy of Sierra Leone was in recession in 2020, with GDP projected to have contracted by 3.1%.
• The rate of GDP growth in Papua New Guinea was in negative territory in 2020, with an annual contraction of 3.3% expected.

Last updated: 11 April 2021