Many UK firms still aren’t making effective use of technology
For the majority of UK businesses, the biggest challenge in the next twelve months will be making the most of their tech stack. This is according to a new report from secure IT, comms and cloud service provider Daisy Corporate Services (DCS). Polling 165 UK businesses, DCS found that this challenge is further exacerbated by the fact that improving their …
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Why aren’t more businesses taking advantage of simulation-based digital twin technology?
In 1970, the Apollo 13 mission suffered a terrible mid-flight malfunction. To diagnose and remediate the problem, NASA engineers built a ‘mirrored’ system to simulate the spacecraft and test various courses of action before deciding what to do next. The astronauts were saved, largely thanks to what many believe is the first instance of a ‘digital twin’ being employed to …
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How to use technology to attract and retain in-store customers
A strong technology strategy doesn’t just attract new customers, but can create a positive memory that keeps shoppers coming back for more, writes Edwin Stam, Chief Technology Officer at Hatch. Technology has been used to improve customer engagement and experience for many years now, and its benefits extend across both online and offline retail. From VR to cool new gadgets, …
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B2B technology marketing: are you ready for 5G?
Despite the fact that 5G accounted for just 5 percent of worldwide mobile subscriptions by the end of 2020, according to GlobalData research, Ericsson’s 2021 Mobility Report suggests that if uptake continues at the current rate, it is still on track to be the world’s fasted adopted network technology. In fact, it predicts that 5G coverage will reach around 60 …
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What does technology mean for the post-Covid-19 banking sector?
Long gone are the days where it was necessary to enter a physical bank in order to handle and manage money. Recent technology has opened up a whole new world of opportunities in both retail and consumer banking. Yet the banking sector’s digital transformation is far from over. Numerous demographics have accessed financial services digitally for some time now. However, …
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Technology and the foundations for building supply chain resiliency
The past year has seen numerous disruptions to global supply chains, accelerated by the Covid-19 pandemic and trade discussions around Brexit. Congestion at ports and reduced shipping and air capacity has meant that even the most prepared businesses have faced issues throughout their supply chains. The impact of Covid-19 was felt heavily on global supply chains across multiple industry sectors, …
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5G on track to become fastest adopted network technology ever
On its current trajectory, 5G is set to become the fastest adopted network technology ever, according to a new report from Swedish telecoms giant Ericsson. By the end of 2026, Ericsson expects at least 60 percent of the population to benefit from 5G coverage, with 3.5 billion active subscriptions by that time. Compared to the speed at which 4G was …
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Many businesses abandoned failed technology projects during pandemic
The pandemic forced many businesses into rapid digital transformation. While many managed to adopt at least one new technology, plenty of businesses had to backtrack on technology ambitions. This is according to a new report from London-based digital agency Studio Graphene. Polling 750 UK business leaders for its new report, the company found that the majority (56 percent) have successfully …
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Improving university experiences with cloud technology
The pandemic has impacted almost all sectors and industries, and the education sector is no exception to this. For many students, university is often an exciting chapter of their life as it’s typically the first time they’re living away from home, becoming more independent and meeting new people. Then came the pandemic and tables were turned, forcing students to socially …
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Many SMEs are struggling with outdated technology
Small and medium-sized enterprises (SMEs) don’t have the money to obtain the most innovative technologies, a new report from the digital workspace firm Gridfox suggests. As a result, they can’t bring in and retain the most talented employees, hampering growth and their ability to compete with larger organizations. According to the report, this is true for 84 percent of small …
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