Category Archives: digital platform

Simplilearn to Train College Recruits on Digital Economy Skills (India)

Mission-critical skills such as big data, machine learning, artificial intelligence, cloud computing, and digital marketing are ones that enterprises are increasingly turning to fresh graduates to fill

Campus and entry level recruiting is a critical component of every corporate HR strategy but often involves many months of onboarding and mentoring to get these employees productive. Simplilearn offers a New-Hire Training Initiative that significantly shortens this time-to-productivity via a structured training curriculum for campus recruits that they can complete before their first day on the job, or within their first couple of weeks.

Simplilearn focuses exclusively on digital-economy skills such as big data, machine learning, artificial intelligence, cloud computing, and digital marketing. These mission-critical skills are also ones that enterprises are increasingly turning to fresh graduates to fill.

Simplilearn’s new program enables organizations to help their recent on-campus recruits become job-ready (and even certified) with necessary technology skills, gained through Simplilearn’s online training courses prior to onboarding of the new employee.

“Campus hiring has never been more critical. With today’s rapid technology changes, it has become essential to ensure young professionals are up-to-date with the digital skills they will need to have an immediate impact at their new companies,” said Krishna Kumar, Founder and CEO of Simplilearn.

“Offering our vast experience in the latest technologies, Simplilearn is well-suited and proud to help Fortune 500 companies and other organizations bridge the gaps in skills and productivity that often come when onboarding new employees fresh from academia,” he added.

During their final semester in their college or university degree programs, recruits will undertake this training, following predefined learning paths that match their upcoming job roles. In addition to online videos and instructor-led lessons, the courses also include practical applied projects and assessments that are relevant in the high-demand fields such as data analysts, programmers, developers,

Simplilearn has partnered with leading IT/ITes, consulting, internet retail companies and Global System Integrators to support their new hire training initiatives. Also, as part of the company’s core offerings, the Simplilearn Digital Transformation Academy covers all aspects of people, process and technology to help organizations achieve competencies in digital technologies and applications.

The Digital Transformation Academy is designed to be customizable across a wide variety of industries and for all employee and management levels and roles while delivering on Simplilearn’ s outcome-centric, high engagement learning approach.

source: www.dqindia.com

Digital Economy is the Key to Realizing Indonesia into the Big Five of the World Economy

IndonesiaIn an oration entitled “Leap Frog Indonesia Through Digital Economy”, Rudiantara revealed that the development of a digital economic ecosystem is the key to realizing the nation’s economy towards the ranks of the world’s top five economies.

“The experience of a number of startup companies or startups that have grown up like Gojek, Tokopedia, Bukalapak and Traveloka shows that information and communication technology is the main booster rocket that can make a leap frog from zero, passing many stages at once, “To reach a point farther than what other conventional companies can achieve,” said Rudiantara.

To overcome the widening welfare gap in the world today, Rudiantara also urged the world to carry out a global movement. This has been conveyed by Rudiantara at the International Telecommunication Union (ITU) forum in Korea.

One way is through the adoption of innovative digital economic business models and strategies to enable shared economy, digitalization of labor, and financial inclusion. This proposal departs from the experiences of a number of Indonesian startups which prove that digitalization can be directed towards empowering the workforce through new ways.

Rudiantara also mentioned that the digital economy in Indonesia in 2020 is expected to reach 130 billion US dollars or Rp 1,831 trillion. With these achievements, the next two years the digital economy will contribute around 11% of Indonesia’s gross domestic product.

“But of course it’s not as easy as turning your palm to achieve all of that. There are at least seven main issues in the digital economy that must be a common concern. These seven issues are human capital, startup funding, taxation, cyber security, ICT infrastructure, consumer protection, and logistics, “said Rudiantara.

According to Rudiantara, what the government has to do to meet the big changes in the economy and business is to cut regulations a lot and create an ecosystem that provides broad opportunities for innovation to develop.

Rudiantara added, leadership in the digital era must be pursued with at least three principles, namely less of a regulator, by simplifying regulations, simplifying and eliminating permits; more of a facilitator, by providing affirmative policies in developing infrastructure, encouraging digital entrepreneurship, and growing digital economic talents; and more of an accelerator, by accelerating the growth of new digital startups and other business sectors, especially MSMEs.

“The government and the education world must work hand in hand to grow and assist young people to have a passion for technology and become a workforce that has digital skills that are able to view community problems as a challenge to be solved and monetized,” said Rudiantara.

Some time ago, Gojek Indonesia launched Go-Viet in Hanoi, Vietnam. According to Rudiantara, this showed the ability of the nation’s younger generation to solve the problems of modern humanity.

“In the range of the digital economy that is still very young, our nation’s younger people have been able to carve out legacy that is not only sweet to remember, but also surely will inspire the achievements of other nationals in the digital realm of the world,” said Rudiantara.

According to him, this phenomenon also proved that digital space in Indonesia has the same opportunities as other countries in the world. In an increasingly digital world, the perspective of the market must be broader.

Meanwhile, to help prepare Indonesia’s human resources in supporting digital transformation and improving the digital economy, in the near future the Ministry of Communication and Information will launch “Digital Talent Scholarship”. This program is in the form of intensive training scholarships by holding five universities in Indonesia, including Unpad.

source: www.unpad.ac.id

China will invest US$14.6 bil to develop digital economy

chinaChina will invest 100 billion yuan (about US$14.6 billion) for developing the digital economy in the next five years, according an agreement signed at the International Conference on the Digital Economy and the Digital Silk Road.

The investments will go to projects on big data, internet of things (IoT), cloud computing, smart cities and the digital Silk Road, according to an agreement signed by China Development Bank and the National Development and Reform Commission.

The development of the digital economy has been listed as an important task for building modern economic set up in China and to achieve high quality development.

China has achieved much progress in this area over the past few years, by way of rolling out a raft of measures, which included a national big data strategy.

A report released by Cyberspace Administration of China said the country’s digital economy grew to 27.2 trillion yuan last year, up 20.3% year-on-year, and accounted for 32.9% of  its Gross Domestic Product (GDP).

The two-day International Conference on the Digital Economy and the Digital Silk Road, held in Hangzhou, a scenic city in east China’s Zhejiang Province, opened  on Tuesday.

source: ww.theedgemarkets.com

Vodafone claims UK’s first live holographic 5G call

vodafone efVodafone showed off its 5G prowess on Thursday by conducting what it claims is the U.K.’s first ever live holographic call using 5G technology.

The call was carried out between the telco’s Manchester office and Newbury headquarters, and featured England women’s football captain Steph Houghton appearing on stage in hologram form to give football tips to a young fan.

It would be easy to dismiss the demonstration as a gimmick, but Vodafone insisted that it points to exciting possibilities that next-generation mobile technology can bring to sport, such as remote coaching and training, as well as opportunities for richer interaction with fans.

“Vodafone has a history of firsts in UK telecoms – we made the nation’s first mobile call, sent the first text and now we’ve conducted the U.K.’s first holographic call using 5G,” said Vodafone UK CEO Nick Jeffery, in a statement.

Of course, holographic 5G calling is only possible when there is a network in place, and with that in mind, Vodafone shared plans to roll out infrastructure in Cornwall and the Lake District next year, and to have 1,000 5G sites up and running nationwide by 2020.

In addition to showcasing 5G, Vodafone also launched new initiatives and tariffs targeted at small businesses and entrepreneurs.

These include a new digital incubator in Manchester; a £300,000 Techstarter award for innovative technology with a social purpose; and a mentorship programme in partnership with Oxford University Innovation called Bright Sparks.

Meanwhile, Vodafone UK’s retail and contact centre staff will be given the opportunity to learn coding via the operator’s new Code Ready scheme. The company is also launching the Vodafone Digital Degree, which combines a computer science degree from the University of Birmingham with a tech apprenticeship at Vodafone.

For small business customers, Vodafone on Thursday launched what it calls a self-optimising tariff that automatically moves subscribers to the most cost-effective plan. It also unveiled Gigacube, a mobile WiFi hotspot that supports up to 20 connections. Vodafone is pitching it to pop-up businesses like shops and restaurants, and companies setting up temporary satellite offices.

“The initiatives we’ve launched today are designed to ensure that everyone can benefit from the digital technologies transforming how we live and work. From our customers and employees, to university students, digital entrepreneurs and businesses, we want to help people across the UK get ready for a digital future,” Jeffery said.

source: www.totaltele.com

How cybersecurity and data storage laws could pull the plug on Southeast Asia’s digital economy

southeast-asiaJeff Paine says governments in Southeast Asia are keen to capitalise on the opportunity presented by the digital economy, but their rush to regulate data flows and storage will hit start-ups and small local firms hard.

Southeast Asia is one of the most diverse regions in the world, a handful of countries with thousands of languages and cultures, yet all having one thing in common – bold ambitions for their digital economies.

From the establishment of digital agencies like Malaysia Digital Economy Corporation in Malaysia and the Digital Economy and Promotion Agency in Thailand, to charting impressive road maps such as Thailand 4.0 and Making Indonesia 4.0, many governments in the region are prioritising capturing as much of the region’s US$200 billion digital economy opportunity as possible.

What isn’t clear is how these bold aspirations will be achieved.

Despite the inherent benefits of digital technologies and the internet, many governments are pursuing policies that will limit the use of these technologies. Driven by pressure to address specific and immediate challenges including cybersecurity, data protection, privacy and misinformation, governments fail to consider the long-term impact of these laws on economic growth, jobs and investment.

Vietnam’s recent Law on Cybersecurity and Indonesia’s Government Regulation 82 are examples of this, with provisions including restrictions on data flow and content, requirements for foreign companies to set up local offices and local data storage requirements. Meanwhile, proposed rules in Thailand subject over-the-top (OTT) service providers to tax, security and content regulations.

The impact of these regulations goes far beyond the information and communications technology industry, given that virtually every business today uses the internet and digital technology.

For foreign businesses, restrictive, too broad and unclear regulations create uncertainty and an unfriendly investment climate. Multinational companies unable to make long-term financial decisions are likely to shift their investments to countries with more flexible regulatory environments that support the development of a digital ecosystem.

Local businesses, like small and medium-sized enterprises and entrepreneurs that comprise 95 per cent of Southeast Asia’s economy, will bear the brunt of poor policies. Restrictions on cross-border data flows, digital tax and local data storage, will prove difficult to comply with.

Many small businesses depend on digital services and platforms such as cloud for data storage and collaboration, online marketplaces for e-commerce, social media for communication and marketing, and OTT platforms to reach customers at scale. Such laws will increase the cost of doing business, create barriers for expansion beyond borders and are likely to block small players from competing in the global marketplace.

For example, if a neighbouring country enacted similar provisions to Vietnam’s cybersecurity law, a Vietnamese software start-up would be unlikely to be able to afford data storage facilities and local offices in locations outside Vietnam – curbing regional or global expansion plans.

With significant economic prospects at stake, and the challenges of security, privacy, data and misinformation in mind, governments must find better ways to manage risk without hampering growth.

Southeast Asian governments can learn from how larger, developed economies manage emerging technology. For example, Thailand has looked towards the European Union’s implementation of the General Data Protection Regulation as a basis for their data protection laws.

On taxation, intergovernmental organisations such as the Organisation for Economic Co-operation and Development provide useful guidance in key areas such as the need to create consistency between countries on cross-border digital taxes. Unilateral moves like Australia’s goods and services taxin July 2018 on low-value imported goods is likely to pose compliance challenges and higher costs for small businesses in the long run.

Instead, a cross-sectoral range of agencies, ministries and industry players could together craft comprehensive policies that manage risk and promote growth. A good example of this is Singapore’s approach to digital taxation and preventing misinformation.

The digital economy is uncharted territory for most. There is a small window of opportunity now to ensure smart regulations and policies are in place to secure future growth. Technology companies and industry groups can work with governments, ensuring that the opportunities and benefits of the digital economy are realised and not wasted.

source: www.scmp.com

Irish education system needs ‘profound changes’ to secure digital future

The managing director of Accenture Ireland has warned that Ireland needs to make “profound” changes to its education system to ensure the country is equipped to secure the next wave of jobs in the digital economy.

Alastair Blair, who is also chair of Ibec’s digital economy policy committee, says the advent of artificial intelligence, virtual reality and augmented reality may require a move to a more modular education system to ensure the future workforce has the necessary depth and breadth of skills.

“Traditionally, Ireland has had access to deep skills and the availability of a young and educated workforce,” said Blair, who believes the protection of digital jobs requires a long-term commitment from government, academia and industry working together.

“There is a real opportunity for Ireland to position itself well. However, there is a need for a profound change to our education system to take advantage of the next wave of jobs,” he said.

Blair said Accenture, which acquired Irish creative agency Rothco for a reported €20m this year, is targeting further acquisitions as it is set to mark 50 years in Ireland.

source: www.independent.ie

Germany – Digital Economy Monitoring report 2018

germany DEMR 2018

The DIGITAL Economy Index provides a number to show the level of digitalisation in the
German economy. It is based on a survey of high-ranking decision-makers from 1,061
businesses. Three aspects are incorporated in the economy index: the use of digital
devices, the state of internal company digitalisation, and the effect of digitalisation on the company.

Report here and  Library

source: www.zew.de