Tag Archives: digitization

Deutsche Bahn spends € 12.7 billion on infrastructure and digitization | News | DW | Instant News


Germany’s Deutsche Bahn (DB) announced on Friday that it will spend € 12.7 billion ($ 15.3 billion) on modernizing. rail network as well as several train station.

“We are building a new rail network for Germany and we are laying the groundwork for Deutschlandtakt [DB’s new nationwide transportation plan], said DB Executive Infrastructure Director Ronald Pofalla.

Pofalla noted that the amount was the most invested at one time in German rail infrastructure, reaching half a billion euros. more than what was spent during the previous fiscal year.

DB said the investment would be used to modernize 1,900 kilometers (1,181 miles) of rail lines, 140 bridges and some 2,000 line switches as well as construction work at railway stations across the country.

The airline said it would employ about 2,000 engineers and 1,700 maintenance workers for its modernization plans, as well as add 20% more building management workers at the train station.

Efforts to minimize travel delays

DB has selected several examples of infrastructure expansion on existing lines (Nuremberg-Erfurt, Berlin-Dresden, Braunschweig-Wolfsburg) as well as in Cologne, constant bottlenecks in the DB rail network.

Several high-speed rail lines (Hannover-Würzburg, Kassel-Göttingen) will also be overhauled.

That rail carrier claims that its increased ability to control passenger flow and cargo train traffic on its network will allow it to get the job done with less disruption and inconvenience to passengers.

The company also plans to continue increasing rail traffic flow by increasing its push towards more digitization.

DB says recent improvements in timeliness can be traced back to better construction site management.

How big is the influence of the state?

“Things are moving in the right direction,” said Dirk Flege, managing director of the non-profit transportation association Pro-Rail Alliance.

“Still, Germany needs more than just a new, more modern rail network. Germany also needs a thriving network. The federal government’s efforts are lacking in that,” he warned.

Proponents of DB expansion have long argued that an increase in rail capacity is likely minimize car and air traffic and help Germany comply climate protection goals.

Nevertheless, critics say that although the numbers seem large, it is likely still not enough to get the job done because of so many years chronic underfunding.

In January, DB and the German federal government signed a new investment agreement.

The government is committed to donating € 62 billion to maintain and modernize the DB rail network between now and 2030, with the state-owned rail company contributing another € 24 billion.

Most of the money allocated for the project (€ 10.3 billion) will come from the German federal and state governments and the DB.

The remaining € 2.4 billion will come from the company’s own maintenance budget.

js / rs (AFP, dpa)

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European Companies Accelerating Digital Transition and Sustainability Will Recover Faster From the COVID-19 Crisis, Finds Research from Accenture | Business | Instant News


DAVOS, Switzerland – (BUSINESS WIRE) – 25 Jan 2021–

European companies that are accelerating their digital transition and sustainability are likely to recover faster and emerge stronger from the COVID-19 crisis, according to a new report. report from Accenture (NYSE: ACN).

According to the report, the COVID-19 crisis has resulted in differences in the resilience and growth prospects of European companies:

  • Half (49%) of European companies have reported declines in earnings or profits over the past 12 months and do not expect improvement in the next 12 months.
  • A fifth (19%) of European companies had strong financial performance before the pandemic but now expect negative earnings or profit growth in the next 12 months. The report referred to these companies as “fallen angels.”
  • One-third (32%) of European companies expect to deliver profitable growth in the next 12 months. The report describes these companies as “future leaders”.

The report shows that companies that lead in digital adoption and sustainable practices are nearly three times more likely than other companies to be among the “leaders of tomorrow,” and so recover faster and emerge stronger from the crisis.

“The digital transformation defined the business landscape in the 2010s, and companies leading this transformation with speed and scale are winning,” said Jean-Marc Ollagnier, CEO of Accenture in Europe. “We are entering a decade ushering in a new wave of business change defined by a sustainable transition. How European companies manage this ‘twin transformation’ will determine how quickly they will recover from the crisis and how well they will be positioned to sustain growth in a post-pandemic world. “

According to research, nearly half (45%) of European businesses prioritize investing in both digital transformation and sustainability. Specifically, 40% of European respondents plan to invest heavily in artificial intelligence, 37% plan to invest heavily in the cloud, and 31% plan to rebalance their investment to focus more on sustainable business models.

European companies are unsure about their 2021 growth targets

The report noted that less than half (45%) of European businesses expect to reach their 2021 growth target. Those in Great Britain, France and Germany are among the most optimistic, with 59%, 52% and 51% of respondents in those countries, respectively, expecting to hit their 2021 targets. Respondents in Italy and Spain were among the most pessimistic, with only 34% and 31%, respectively, expecting to reach their 2021 growth targets.

“Even companies that recognize business opportunities to accelerate their digital and sustainable transitions face obstacles at various stages of this twin transformation journey,” said Ollagnier. “These challenges include defining viable business models around sustainable practices and products, freeing up resources to better mobilize organizations, and moving rapidly from pilot and closed-door projects to large-scale and enterprise initiatives.”

The report suggests some strategic steps companies should take to overcome these barriers and successfully carry out twin transformations. This includes:

  • Fostering an ecosystem-based business model that is driven by sustainability and made possible by technology: The twin transformation leaders already generate more than 10% of their income this way.
  • Combine resources to scale technology applications to sustainable practices: The twin transformation leaders invest more in overall innovation, allocating more than 10% of their annual revenue to research and development. They also recognize that sustainability and technology are not separate priorities.
  • Leading, empowering, and nurturing talent: The twin transformation leaders are responsible for the continuity of their employees’ work. They don’t waste effort reskilling / upskilling their workforce, understanding that building and nurturing talent is essential to turning transformation into real business value.

“There’s a reason why DNA is a double helix,” said Ollagnier. “The spiral structure of the molecules that form the basis of life is essential for replication, adaptation – and development. It is a powerful metaphor for business amid two parallel transitions that twist the laws of evolution in dynamic yet unstoppable ways: digital transformation and sustainability. European businesses that continue to follow well-traveled paths will see others gain a competitive advantage by tapping into the dynamic interactions at the heart of their DNA. Or they can join them by unlocking the value that lies in blending innovative technology with traditional European strengths of sustainability, solidarity and purpose. “

The study is based on a survey of 4,051 C-suite executives in 13 countries across 19 industries. The survey was conducted in November 2020 and includes companies with annual revenues exceeding US $ 500 million. The industries represented include: aerospace and defense; airlines / travel / transportation; automotive; banking; capital market; communication / media / entertainment; chemical material; consumer goods; energy; health; high technology; industrial goods & equipment; Coverage; pharmaceutical / biotech / life sciences; public service; retail; software / platform; and utilities. The countries represented include Australia, Canada, China, France, Germany, Italy, Japan, Saudi Arabia, United Arab Emirates, Singapore, Spain, United Kingdom and the United States.

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialist expertise in more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services – all supported by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 514,000 people fulfill the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and mutual success for our clients, employees, shareholders, partners and our communities. Visit us at www.accenture.com.

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Business Wire Copyright 2021.

PUB: 01/25/2021 03:59 AM / DISC: 01/25/2021 03:59 AM

Business Wire Copyright 2021.

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Remote work, less business travel to continue tracking COVID-19, West Virginia experts say | WV News | Instant News


CLARKSBURG, W.Va. (WV News) – COVID-19 has impacted America and West Virginia for nearly a year, causing leaders of businesses large and small to reflect on the changes that could last and what might return to normal. the pandemic is ending. John Deskins, director and associate dean for outreach engagement at the Chambers College of Business and Economics at the University of West Virginia, said one of the side effects of COVID-19 that’s here to stay is work remotely. We were already moving towards more remote work even before the pandemic, especially among several high-profile tech companies. You can go back to December of last year and January of this year and see several news or speeches where important CEOs were talking about it. This has already moved to where 10-20% of workers were remote workers. This is before the pandemic, ”he said. Now employers have understood that for some jobs remote working is successful, he said. Bowles Rice Assistant Managing Partner and CFO Marc Monteleone said the pandemic has accelerated concepts that were already in place. in the office, such as the remote work component. “It sped up things in two ways, internal and external. … Internally, I think we’re going to see more and more of our lawyers and staff telecommuting from time to time, and they’ve set things up at home for them to do that, ”he said. he said. “Luckily for our firm, we always provided for teleworking, so we were good to go. … Now a lot of people are telecommuting from home, and we’ve fixed the bugs so to speak because we have the systems to do it. We didn’t know how to do it until people started doing it on a large scale. I see it continuing, ”Monteleone said. Not everyone will work from home forever, he said, but the option allows for more flexibility, for example when someone needs a day off or when family responsibilities and childcare must be taken into account, so the work can still be done in certain ways. Externally, (remote work) will change the way we do our business (for example) with client meetings, closures and major transactions. … I imagine the Zoom meetings are here to stay. We have to learn to do business with Zoom involved, ”he said. Some work still needs to be done in person, like notarizing documents when concluding something. But in the future, he said he sees the laws adapt to accommodate the aloof aspect. Due to the expected tenure of remote work, West Virginia is able to sue and profit of a new kind of economic development, Deskins said now, instead of just attracting big business here physically, West Virginia can attract workers from companies that thrive in remote work environments, with well-paying jobs in New York or Chicago or Washington, DC, but living and spending their money here in Mountain State. to be a real win-win especially for a state like West Virginia where we have a lower cost of living and where we have a lot of positive attractions. … we’re in a good position to attract some of these remote workers, and that really opens up our options and in some ways has an advantage. If you attract a large company that employs 500 people, you run a lot of risk, because if that company leaves, those 500 people are lost. … If you attract 500 remote workers, you don’t run the risk of one person making a decision and all those jobs disappearing. It’s a less risky proposition in some ways, ”he said. With remote working, applications such as Zoom, BlueJeans and others will continue to be used, as the need to have each meeting physically in person is no longer necessary, although in many cases, meetings in no one will always be needed. Due to less need to meet in person, Deskins said it can impact business travel. “We are going to see an increase in business travel and we will go back in the direction of what we consider normal, but we are never going to go back to the number of business trips we have taken. We have found that some things require in-person interaction. We’re not going to see the end of in-person business travel because some things need to have that interaction. “It improves efficiency in many ways. The business meeting you have in nobody can last two hours well spent, (but) it can take a full day of travel to get there and that whole day of travel is just money and wasted resources … it will take time to get there. ‘travel industry to adapt, as some jobs will be lost permanently, but in the long run it will be a more efficient use of resources, “he said. Even next year, Monteleone has already assumed Less displa cements due to video conferencing and remote working. On the small business side, Anna Carrier, head of the community business program and assistant professor at Chambers College of Business and Economics at WVU, said one of the most most important that will endure after COVID -19 is the importance of digitization. “Small businesses went digital and had to become easily accessible online or they just broke down. At this time, especially the foods and products that you would normally use in a business to just smell, taste, or try, things like that don’t happen anymore. Digitization is my # 1. Improve ecommerce and perfect your system, I think it will only get better. There are only a handful of platforms before COVID-19 that would support businesses in this way, and I think there will be a lot more platforms available, ”she said. Improved customer service practices, she says, will also remain. Cathy Goings, a small business owner for more than 25 years and owner of the Wicked Sisters clothing store in Clarksburg, said some changes related to the pandemic are here to stay, including masks. , but people will still wear them in populated environments for a while. “I don’t think they’ll go away completely. … They won’t be worn as often as we do now, but I think that will be part of the norm in the future, ”she said. Goings, agreeing with Deskins’ point of view, said another side effect of the pandemic will persist. in the future it is working from home. “I think it will be a very viable option. Companies have told many people that they will continue to work from home. With technology as it is, you don’t always have to be physically in an office, ”she said. Pressure for broadband interconnectivity statewide is also making working from home more of a possibility, officials said. a perfect example of the importance of broadband. … I think it was probably a wake-up call, and we need to do whatever is necessary for our state to advance in technology, because it’s more important than ever. … If we ever needed broadband, that was the real test… ”said Goings. Carrier said she hopes the pandemic will lead to the necessary boost for broadband connectivity and the importance it represents across all industries. pandemic, curbside service is something a lot of people continue to use for a number of reasons, and Goings believes it will not only stick around, but see an increase in its use as well. “The general population will get used to it, especially the younger generation. They want the convenience and ease of shopping, and I never see that changing, ”she said. More face-to-face interaction, she added, is something she hopes to see more of in the future, as well as continued support for small businesses across the country once the pandemic has passed. “As a small business owner, we really had to focus on what we could do to get the consumer buy. We are all generally physical stores, but we have had to think outside the box and do whatever we can to get customers to buy (from us). Hopefully when this is all over, the customer support base will still be there. We still have our loyal customer base, but it becomes difficult to attract new customers, ”she said. Carrier, who also owns the Morgantown Cupcakerie, said she hopes the support for small businesses that was plentiful during the pandemic will continue. .



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Leading Italian Appliance Manufacturer Leverages Industry 4.0 To Digitize Manufacturing | Instant News


By Karin Fent, SAP

The De ‘Longhi Group based in Treviso, Italy is one of the world’s leading players in small household appliances including coffee machines, kitchen appliances and air conditioners.

Group well-known household brands such as De ‘Longhi, Braun, Kenwood and Ariete are sold in more than 120 markets worldwide. Every year, a community of more than 8,000 employees contributes to launching increasingly innovative products tailored to the needs of consumers.

In an increasingly competitive business environment, where customers expect smarter and more individualized products, companies are looking to digitization to drive agile and responsive processes.

Digitizing Value Chains

De ‘Longhi embarked on an initiative to link end-to-end value chains and create digital threads from sustainable product design, through planning, procurement, manufacturing, logistics and asset management, to empower employees to be more knowledgeable and productive.

This is in line with the general approach for Industry 4.0 which addresses these top business priorities with one main strategy:

“Bringing together manufacturing, logistics, sales, and services in a regulated manner, combining manufacturing automation with the conduct of enterprise business”.

So it’s about taking the process from the edge to the core and connecting the factory floor to the boardroom.

Meet customer demands with agile manufacturing

“The main focus is to digitize our manufacturing process to have the agility to make a coffee machine within days of ordering, with the same quality, regardless of the factory where it is produced, through the introduction of a standard manufacturing platform,” said Nicola Serafin, Chief Operating & Technology Officer, De ‘Longhi Group. “We need to ensure the right mix of models required by the market. This requires a one-piece flow, via the automatic reconfiguration of the workshop floor system. “

To achieve this goal, the following abilities are required:

  • Connect the shop floor system using IoT automation technology
  • Design and implement new product assembly and testing processes
  • Empower shop floor employees with real-time information via mobile devices
  • Track processes, components and operations
  • Customize each production order
  • Access reports and dashboards for quality, performance and maintenance

Benefits of Industry 4.0

As a result of digital transformation with Industry 4.0 and the integration of related factories, De ‘Longhi Group has achieved its goals and realized the following benefits:

  • Increase productivity by 22%
  • Reduces downtime by 30%
  • Increase direct labor efficiency by 5%
  • Reduces the damage rate by 36%
  • Increase overall equipment efficiency by 5%
  • Reduced the planning freeze period, from 5 weeks to 3 days
  • Reducing the minimum order quantity (MOQ) from 200 to 16 pieces
  • Reduction of group energy consumption, direct and indirect, by about 7% compared to 2018
  • Reduced group CO2 emissions by about 5% compared to 2018
  • Allows real-time decision making by linking shop floor operations across its landscape to the upper floors

“With the SAP Manufacturing Suite, we have improved the quality of our processes and achieved greater flexibility without increasing costs,” said Rudi Sperandio, Director of the Italian Plant. “Our journey to optimize all designs to operate the process towards Industry 4.0 continues.”

To learn more about how to improve and digitize supply chain processes, read IDC’s report titled “Resilient Supply Chain Planning for a Disruptive World. “

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Digitization work in progress: Zain | Instant News


MULTAN: Federal Parliament Secretary for Finance Makhdoomzada Zain Hussain Qureshi said Sunday that the government is working on digitization to bring the country to smooth progress and prosperity in line with Prime Minister Imran Khan’s vision. Speaking to journalists after the inauguration of the ‘Car-first’ regional office in Multan, he said, the nation’s future lies in Information Technology.

He praised Car-first for introducing the latest technology for vehicle sales and purchases and called it a positive step towards the country’s economy. He said that we must make the country’s economy documented. He said the taxation sector is a developing sector in the country and hopes that the use of the latest Car-first technology will help transparent tax transactions.

He said the car-first has taken positive steps and we have to support them and hope they will also develop it further in other cities in South Punjab. Car-first CEO Raja Murad Khan and others were also present at the occasion.

weather forecast: Local Met Office Sunday forecast hot and dry weather in the city and its surroundings for the next 24 hours.

On Sundays, the maximum and minimum temperatures are recorded at 37.0 degrees Celsius and 24.6 degrees Celsius, respectively. Humidity was recorded at 77 percent by 8 a.m. and 36 percent at 5 p.m.

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