Tag: 宁波 道行宫 880

$500bn potential value from transformations underway in newly digitising sectors in India

$500bn potential value from transformations underway in newly digitising sectors in India

first_img By EH News Bureau on April 1, 2019 Phoenix Business Consulting invests in telehealth platform Healpha Read Article WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” The missing informal workers in India’s vaccine story Related Posts $500bn potential value from transformations underway in newly digitising sectors in India McKinsey’s report finds that the potential productivity unlocked by the digital economy could create up to 60-65 million jobs across almost all sectors by 2025 Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care appcenter_img MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Comments (0) In a recent 0report Digital India: Technology to transform a connected nation, the McKinsey Global Institute (MGI) concluded that while the core digital sectors like IT and business process management (IT-BPM), digital communication services including telecom, and electronics manufacturing have the potential to double their contribution to GDP by 2025, there are new and exciting opportunities in the $500bn of economic value that could be generated by newly digitising sectors. These include agriculture, education, financial services, healthcare, logistics, retail and manufacturing, where digital innovations are already driving huge productivity and growth benefits.McKinsey’s survey of digital readiness covering around 600 companies suggests an uneven pattern of digital adoption among businesses. “Sectors alone do not predict how much a company has digitised,’’ said Anu Madgavkar, an MGI partner who headed the research. “MGI’s India Firm Digitisation Index shows that there are leaders and laggards on digital adoption across all sectors, from IT and media to healthcare, energy, and manufacturing. Company size does not correlate to digital readiness: small companies are leapfrogging in areas such as digital payments and digital marketing,” she added.“Leading companies are already achieving a 30-per cent increase in productivity by deploying digital technology to drive sales, operations productivity and new business models. There is a two-three times gap between leaders and laggards in each sector based on each company’s leadership and execution intensity,” said Alok Kshirsagar, Senior partner, McKinsey & Company.The report also finds that the potential productivity unlocked by the digital economy could create up to 60-65 million jobs across almost all sectors by 2025. Digitisation may also automate or eliminate the equivalent of 40 million to 45 million current jobs, necessitating large-scale retraining and redeployment. “The changes brought by digital adoption will disrupt India’s labour force. While technology will supplant workers in some areas, it will augment them in other areas and many jobs will change as machines complement humans in the workplace,” said Anu Madgavkar.To prepare for these changes, workers will need to be retrained at a massive scale – from high-tech workers trained in data analytics, artificial intelligence and blockchain, to workers who need functional digital skills necessary to operate in organised digitally-enabled value chains, such as in e-commerce, ride-hailing, telemedicine, or IoT-enabled plants and warehouses. “This will require deep partnerships across companies as well as in the public and private sector,” added Alok Kshirsagar.MGI’s analysis of 17 mature and emerging economies finds India is digitising faster than any other country in the study save Indonesia—and there is plenty of room to grow. India’s internet subscriber base of 560 million is second only to that of China, but still only 40 percent of the populace. Close to 90 per cent of all retail transactions in India, by number, are still made in cash. While e-commerce revenue is growing at 20 to 25 per cent per year in India, only five per cent of trade is done online, compared with 15 per cent in China.The report emphasises that if India can continue its digital growth trajectory and prepare its workforce, the rewards will be palpable to hundreds of millions of its citizens. However, all stakeholders will need to respond effectively if India is to achieve its digital potential. Executives will need to anticipate the digital forces that will disrupt their businesses and invest in building capabilities, including partnering with universities and outsourcing or acquiring talent to deliver digital projects. Governments will need to invest in digital infrastructure and public data that organisations can leverage even as they put in place strong privacy and security safeguards.Capturing the gains of the digital economy will require more ease in creating, scaling, and exiting startups, as well as policies to facilitate retraining and new-economy jobs for workers. Individuals will need to inform themselves about how the digital economy could affect them as workers and consumers and prepare to capture its opportunities. Menopause to become the next game-changer in global femtech solutions industry by 2025 Healthcare IT News Share Add Commentlast_img read more

Air Products ‘honoured’ to supply Chinese firm SIEG

Air Products ‘honoured’ to supply Chinese firm SIEG

first_imgSubscribe Get instant access to must-read content today!To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.Don’t just stay connected, stay at the forefront – join gasworld and become a subscriber to access all of our must-read content online from just $270.last_img

Lower profit for Tiong Woon in third quarter

Lower profit for Tiong Woon in third quarter

first_imgCommenting on the results, Ang Kah Hong, group chairman and managing director, said he is satisfied with the Group’s overall performance considering that the third quarter is a seasonally slower quarter compared to the rest of the year. He said: “It has been a challenging quarter for us with lots of ups and downs. To some extent, our results reflect the lagged effect of a down cycle in the market.”TWC is an integrated services provider for the Oil & Gas and Petrochemicals industries and specialises in heavy lift and installation of process equipments.For the third quarter ended 31 March 2010, turnover from Heavy Lift and Haulage division was SGD22.4 million (USD 16.3) compared to SGD29.4 million (USD 21.4) previously. The difference was due largely to lower contributions from Thailand, Indonesia, China and Singapore and a drop in the utilisation rate for its lower tonnage capacity cranes. Profit before tax was SGD2.8 million (USD 2.04) compared to SGD10.7 million (USD 7.8) previously, as a result of lower turnover and to a smaller extent, higher depreciation and maintenance costs for the Group’s heavy equipment.A company statement said that whilst the recovery of the global economy remains uncertain, the rapid rise in oil prices over the past few months are positive signs.Looking beyond the short range horizon, the Group retains a cautious optimism about its longer term prospects, considering the fact that TWC is one of a few specialised contractors in the region that supports the oil & gas, power generation and petrochemicals industries.Mr Ang said: “Tender activities have continued to keep us busy over the past few months. We have been participating in tenders for numerous overseas projects, in particular in China, India, Vietnam, Thailand, Indonesia and the Middle East, where we have witnessed a spike in activity levels in recent months following the gradual recovery in global market conditions.”last_img read more

Three in a row for P.J’s Delight

Three in a row for P.J’s Delight

first_imgHome  »  General  »  Three in a row for P.J’s Delight The Horse Sport Ireland sponsored ‘All Ireland 50:50 Mare and Foal Championship’ at Ballyvourney Show was won by PJ Lehane with his Irish Sport Horse mare PJS Delight, this mare is by Lux Z (HANN) out of PJs Hope (ISH). The filly foal is out of PJs Delight (ISH) and by Munther (TB).This is PJ’s third win this summer, winning classes in Clonakilty Show, Barryroe Show and Ballyvourney Show. PJ said ‘I am absolutely thrilled and shocked, its so unusual to have 3 wins in a row but I’m so impressed with my foal this year that I think she deserves it. Its great to see the judges being so consistent through each competition. When picking Munter as a stallion I thought he would really suit my Lux Z mare and I was so impressed with this foal that I have returned to him again this year and she is now scanned in foal again.’The reserve champion was Madam Noir (ISH) by Kings Master (ISH) out of Mount Rose Furbel (ISH) by Ricardo Z (ZANG) bred by Carmelita Murphy owned and exhibited by Kieran Fahy – Foal by Womanizer (KWPN)Full results including pedigree belowP.Js Delight (ISH) by Lux Z (HANN) out of PJs Hope by Big Sink Hope (USA) – Filly Foal by Munther (TB) bred, owned and exhibited by PJ Lehane.Madam Noir (ISH) by Kings Master (ISH) out of Mount Rose Furbel (ISH) by Ricardo Z (ZANG) exhibited by Kieran Fahy – Foal by Womanizer (KWPN)Floating Valley (ISH) by Brookfield Floating LUX (ISH) out of Miss Carrick (ISH) by Carrick Diamond Lad (ISH) bred owned and exhibited by Declan Daly – Foal by Munther (TB)Kilnadur Peaches N Cream (ISH) by Kings Master (ISH) out of Ballard Jewell by Ghareeb (GB) owned and exhibited by Seamus Lehane – foal by Munther (TB)Baxtors Clover Buffet (ISH) by French Buffet (TB) out of Dream Coat (ISH) – owned and exhibited by Rosmary Deasy – foal by Tyson (KWPN)Video of the event is available on the Irish Sport Horse Facebook page. 16 July 2018, 16:25 Three in a row for P.J’s Delight Tags:last_img read more

Sidi double downs frustrated Dwarfs

Sidi double downs frustrated Dwarfs

first_imgTwo goals from Abubakar Sidi earned relegation-threatened Mighty Jets a vital win in the Glo Premier League on Saturday.Jets beat Ebusua Dwarfs 2-1 at the Carl Reindorf Park to help them climb out of the bottom three for now.Sidi struck both goals within six minutes after opening the scoring in the 32nd minute and followed up with personal second in the 38th minute.Dwarfs endured a frustrating afternoon as they had to wait until the 90th minute before pulling a goal back through George Appiah.The match was played at Dwarfs’ adopted home, the Carl Reindorf, as they continue to serve their 12-match home ban following crowd violence in Cape Coast.last_img