Today many managers and organizations are talking about digital transformation. A digital transformation strategy must be based upon on Purpose, Values, and People, but basically, it is the changes associated with the application of digital technology in all aspects of human society. About digital transformation, we talked with Ira Kaufman, a professor at Lynchburg College School of Business and Economics. Professor Kaufman is the author of the program Digital leadership for digital transformation.
Microsoft has spent more than $3 billion building up its cloud infrastructure in Europe, including $1 billion in the past year, according to Bloomberg. Company Chief Executive Officer Satya Nadella focuses on winning customers over rivals such as Amazon and Google.
Google is working with a financial adviser to consider a potential bid for Twitter Inc., as the social-media company continues to explore a sale, according to a person familiar with the arrangement, according to Bloomberg.
Google repackaged its cloud services and corporate software and hardware offerings into a new unit called Google Cloud on Thursday, according to Bloomberg. This is their latest attempt to catch leaders in the sector Amazon.com Inc. and Microsoft Corp.
Telefonica SA is scrambling to rescue the initial public offering of infrastructure unit Telxius Telecom SA amid insufficient demand for the shares, according to people familiar with the matter, according to Bloomberg.
Intel Corporation announced the appointment of Robert “Bob” H. Swan as executive vice president and chief financial officer (CFO), effective Oct. 10, 2016. Swan will report to Intel CEO Brian Krzanich and oversee Intel’s global finance and IT organizations, as well as the Corporate Strategy Office. He replaces Stacy Smith, who, as previously announced, is taking a broader role within Intel leading manufacturing, sales and operations. Smith served nine years as Intel’s CFO.
Fintech platform revenues for unsecured consumer loans issued using machine learning technology are set to see a jump of 960% during the period 2016-2021, rising to $17 billion globally in the latter forecast year, found in new Juniper Research. According to their Juniper analysts this rise is mainly driven by advances in analytics and accessible computing power.