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Utilities Sector Can Enhance Risk Management and Resilience With Exponential IT, Says Info-Tech Research Group in New Resource

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Info-Tech Research Group’s recently published industry research offers the utilities sector strategic insights to enhance innovation, resiliency, and operational efficiency through the adoption of Exponential IT. The firm’s new blueprint addresses industry-specific challenges, providing IT leaders with the five priorities to drive digital transformation and maintain competitiveness in a rapidly evolving technological landscape.

TORONTO, June 21, 2024 /PRNewswire/ – The utilities industry is facing unprecedented challenges due to rapid technological advancement, increasing regulatory demands, and evolving customer expectations. As a strategic response to these disruptions, many utilities have embraced digital transformation. However, IT leaders often grapple with specialized knowledge gaps needed to leverage emerging technologies and trends effectively. To address these challenges and foster innovation and agility, Info-Tech Research Group has published its latest blueprint, Priorities for Adopting an Exponential IT Mindset in the Utilities Industry. The firm’s comprehensive research and insights provide utilities IT leaders with the tools to identify and tackle specific pain points, optimize operations, and deliver value-added services swiftly and efficiently.

“As technological disruption accelerates exponentially, every utility organization will inevitably transition into a digital utility,” says Jing Wu, principal research director at Info-Tech Research Group. “At this crucial inflection point, technology leaders must shift their mindset to embrace Exponential IT. To capitalize on this upcoming opportunity, IT leaders must evolve into business leaders who unlock advanced value for the organization while mitigating exponential risks effectively.”

Info-Tech’s new resource highlights the utilities sector’s struggle with balancing the benefits of emerging technologies while managing associated risks. For example, IT and OT departments are currently burdened with existing technical debt, which diverts their focus from maximizing the value of new technologies. However, rapidly delivering services and staying ahead of industry trends and business demands are increasingly critical in the evolving technology landscape. The firm advises that adopting an Exponential IT mindset is essential for enhancing risk management, resiliency, and sustainability in the utilities sector. This approach involves integrating advanced technologies to optimize operations, drive continuous innovation, and provide personalized customer experiences. Info-Tech explains by embracing Exponential IT, utility sector can navigate industry disruptions and meet the evolving expectations of their audiences. 

“The utilities industry urgently needs to adopt Exponential IT to counter industry disruptions and embrace opportunities,” explains Wu. “Recognizing and integrating core foundational capabilities are considered crucial initial steps in starting a successful Exponential IT transformation, resulting in the generation of value in the industry.”

The blueprint details how the utilities industry is striving to excel in the next wave of technology-driven evolution, presenting CIOs with a unique opportunity to showcase their organizational leadership. To seize this opportunity, Info-Tech advises that CIOs transition from merely providing services to delivering organizational capabilities and taking ownership of organizational objectives.

In Priorities for Adopting an Exponential IT Mindset in the Utilities Industry, Info-Tech recommends five industry-specific priorities for IT leaders to effectively implement an Exponential IT transformation in the utilities sector. They are:

Build an Adaptive Delivery Model: Enable more flexible and efficient delivery of products and services. This priority involves adopting agile methodologies, streamlining workflows, and ensuring rapid adaptation to technological and market shifts.Optimize & Automate Operations: Maximize efficiency while mitigating risks through intelligent automation and data-driven decision-making. This process includes implementing AI and machine learning for predictive maintenance, automating routine tasks to reduce manual workloads, and using data analytics for proactive risk management.Broker Strategic Relationships: Strengthen and build both external and internal relationships to better align IT capabilities to organizational goals. Establish partnerships with technology vendors, collaborate with regulatory bodies, and foster cross-functional teamwork within the organization to ensure cohesive and strategic IT initiatives.Embrace Digital Innovation: Evaluate and adopt solutions that drive consumer value, enterprise growth, and innovation. Explore and implement emerging technologies such as IoT, blockchain, and advanced analytics to enhance service delivery, improve customer engagement, and drive business growth.Cultivate Workforce Flexibility: Dismantle traditional jobs and hierarchies, normalize new collaborative ways of working, and adopt a federated and hybrid IT operating model. Promote continuous learning and development, encourage cross-functional collaboration, and create an adaptive workforce capable of thriving in a dynamic technological landscape.

To remain at the forefront of the rapidly advancing technology landscape, adopting an Exponential IT mindset is paramount for the utilities sector. Info-Tech recommends that organizations evaluate their readiness and embark on a transformational journey to maintain competitiveness and relevance.

The firm’s latest research provides a comprehensive framework for IT leaders to transform their organizations, elevate value-creation capabilities, and effectively bridge the gap between the exponential progression of technological change and IT’s linear progression in effectively managing that change. Info-Tech advises that by following this strategic roadmap, utilities can ensure long-term sustainability and success in an ever-evolving market.

For exclusive and timely commentary from Jing Wu, an expert in the utilities sector, and access to the complete Priorities for Adopting an Exponential IT Mindset in the Utilities Industry blueprint, please contact pr@infotech.com.

Info-Tech LIVE 2024
Registration is now open for Info-Tech Research Group’s annual IT conference, Info-Tech LIVE 2024, taking place September 17 to 19, 2024, at the iconic Bellagio in Las Vegas. This premier event offers journalists, podcasters, and media influencers access to exclusive content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. To apply for media passes to attend the event or gain access to research and expert insights on trending topics, please contact pr@infotech.com.

About Info-Tech Research Group
Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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SOURCE Info-Tech Research Group

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Infidigit Welcomes Pinaki Gupta as an Advisor to Foster Leadership and Drive Strategic Growth

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MUMBAI, India, Dec. 26, 2024 /PRNewswire/ — Infidigit, an AI-enabled digital growth partner known for delivering exceptional results in SEO, CRO, and digital growth, welcomes Pinaki Gupta as Director – Strategy and Oversight. Pinaki’s vast experience in driving business transformation and fostering innovation will be instrumental in shaping Infidigit’s strategic direction and positioning the organisation for long-term success.

With a career spanning global enterprises such as Tata Interactive Systems and MPS Interactive and as the founder of Pisarto, a prominent home decor marketplace, Pinaki has consistently driven innovation and growth. His expertise will play a pivotal role in further scaling Infidigit’s vision and helping it explore untapped opportunities in the dynamic digital marketing ecosystem.

Sharing his thoughts, Pinaki Gupta, said, “Infidigit’s rise as a leader in digital marketing has been remarkable. Kaushal and his team have built an organisation with a strong culture of innovation and performance that truly sets them apart. I am excited to join Infidigit as an Advisor to bring a new perspective and help evaluate business opportunities and accelerate their growth journey. Together, we will focus on building strategic frameworks that ensure Infidigit continues to thrive in an evolving digital-first world.”

Kaushal Thakkar, Founder and Managing Director of Infidigit, said, “Pinaki and I share a long and fruitful professional history, during which I’ve consistently been impressed by his incisive strategic mind. His knack for challenging the status quo and driving transformative change makes him an ideal fit for Infidigit’s ambitious growth trajectory. We’re excited to leverage his mentorship as we reach new heights, fortify our leadership team, and continue delivering exceptional results for our clients.”

Infidigit, under Kaushal Thakkar’s leadership, has consistently set benchmarks in SEO, CRO, and digital growth strategies. With over 100 award-winning campaigns, Infidigit has delivered measurable results across industries. Pinaki’s addition to the leadership team further strengthens its mission of combining innovation, leadership, and performance to help businesses grow sustainably.

About Infidigit:

Infidigit, an AI-enabled digital growth partner, empowers top brands to achieve impactful results through SEO, ASO, CRO, and data-driven digital strategies. At the forefront of AI innovation in marketing, Infidigit is developing a SaaS product to further simplify SEO. With a proven track record of measurable success, Infidigit partners with startups, MSMEs, and enterprises across diverse industries, enabling them to thrive in the digital-first economy. Their commitment to excellence is underscored by over 100 award-winning campaigns recognized by prestigious platforms such as the SMX, APAC Search Awards, ET BrandEquity Shark Awards, Sparkies and Exchange4Media IDMA. Infidigit continues to set new standards in digital marketing, driving sustainable growth and unparalleled success for its clients.

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AU NOMO Credit Card: A Smart Way to Leverage Fixed Deposits

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AHMEDABAD, India, Dec. 26, 2024 /PRNewswire/ — AU Small Finance Bank (AU SFB) has unveiled its latest offering, the AU NOMO Credit Card, a groundbreaking financial product that allows individuals to access credit while still growing their savings. This innovative credit card leverages the power of Fixed Deposits (FDs) as collateral, providing cardholders with enhanced purchasing power without compromising their long-term savings goals.

The AU NOMO Credit Card enables users to use their fixed deposits to secure a credit limit, offering a unique opportunity for first-time credit card applicants or individuals wanting to build their credit scores responsibly. This solution particularly benefits those with limited documentation or a lack of traditional credit history.

Key Features of the AU NOMO Credit Card

Contactless Payments: Enjoy secure and seamless tap-and-pay transactions for daily purchases.Card Liability Protection: Safeguards user against unauthorized transactions, card skimming, and online fraud with comprehensive liability coverage.Reward Points Program: User can earn reward points on retail, utility, and insurance transactions to maximize the value of their spending.Milestone Rewards: Unlock additional rewards for meeting specific quarterly spending goals.Lounge Access Benefits: Get complimentary access to domestic airport and railway lounges, subject to meeting spending criteria.Fuel Surcharge Waiver: Save on fuel transactions within a specified range with a surcharge waiver.

Eligibility Criteria

Here’s what one must know for eligibility criteria for AU NOMO credit card: 

Age: 18 to 75 yearsCitizenship: Indian ResidentFixed Deposit: Creation and maintenance of a fixed deposit with AU Small Finance Bank

The AU NOMO Credit Card (Credit Card against FD) offers an easy and seamless application process with a digital interface, making it accessible to anyone looking to leverage their savings for immediate spending power. The card promises to meet the needs of those starting their credit journey and those seeking additional flexibility in their financial dealings.

The AU NOMO Credit Card redefines the traditional approach to credit by allowing users to continue earning interest on their Fixed Deposits while enjoying the purchasing power that comes with a credit card. Whether for essential daily expenses or significant purchases, the AU NOMO Credit Card perfectly balances saving and spending, empowering individuals to achieve their financial goals without compromise.

For more information on the AU NOMO Credit Card, visit https://www.aubank.in/personal-banking/credit-cards/nomo-credit-card

About AU Small Finance Bank

AU Small Finance Bank, one of India’s leading small finance banks, is committed to transforming banking by focusing on customer-centric services and a deep understanding of the Indian market. More details on AU Small Finance Bank and its financial products like credit cards can be found online.

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Treat Yourself to a New Christmas Experience by Self-Gifting viaim’s AI Recording Earbuds, Perfect for a More Pleasant and Efficient Workplace

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SINGAPORE, Dec. 26, 2024 /PRNewswire/ — As Christmas approaches, the concept of self-gifting has become more popular with top business executives to help them get into the holiday mood. Especially designed for the office, a gift of AI recording true wireless earbuds launched by viaim, an AI technology hardware company deeply rooted in the smart office sector, can improve work efficiency, thereby lifting the spirits and improving quality of life for busy workplace elites ahead of the busy and stressful holiday period.

The person who understands themselves best is themselves. It is in this spirit that viaim is encouraging people to give themselves some extra love and care during this holiday season because they deserve it. The Christmas self-gifting trend that has been gaining popularity in recent years sees people pay more and more attention to creating a higher quality life for themselves in their busy work lives. Especially towards the end of the year, consumers are choosing to treat themselves with practical and pleasant gifts for Christmas. Earbuds have become a solid choice for self-gifting because of their usefulness in multiple scenarios, allowing users to enjoy a quality listening experience during work meetings and holiday relaxation time.

The amazing features of the Viaim Nano+ and Viaim Air open-ear AI recording true wireless earbuds make them the perfect choice for self-gifting this Christmas

13 language transcription and real-time translation: During the Christmas holidays, many business professionals travel internationally with friends or spend the holidays with family in countries that don’t speak their native language. viaim headphones allow users to communicate with local people around the world, jumping the language barrier and making cross-border communication smoother and the journey more interactive, fun, and memorable.VIAIM AI Smart Assistant: Generate Summaries and To-Do Lists with one click to help quickly complete an annual report or New Year’s business plan, allowing the festive atmosphere to be enjoyed without missing any key points.Flash Record function: Whether it is to conceive new ideas for next year’s project or suddenly think of a perfect Christmas gift list, inspiration during the holidays is often fleeting. Long press the viaim earbuds for one-click flash recording to capture ideas as soon as the spark of inspiration comes to mind.Noise reduction and a comfortable wearing experience: High-quality 45db noise reduction can provide users with a moment of quietness at Christmas parties, and the comfortable and lightweight design is suitable for long-term wear, meaning a quiet and enjoyable listening atmosphere can be enjoyed during the holidays.

Cecile from VIAIM shared: “Christmas is the time of year to relax and be grateful. It is of course a time to give gifts and be generous to others, but we also must remember to be kind to the person that knows us best – ourselves. Through our brand vision of “work smarter, not harder,” we hope to help people find their own special holiday moments in their busy work life by using our super-efficient office earbuds, so that everyone can enjoy a more productive and enjoyable life experience. I would like to personally wish all our customers, both new and old, a peaceful, relaxing, and happy Christmas.”

About VIAIM

VIAIM is an innovative technology company in the consumer-goods sector. With a focus on versatile, multimodal interactions, we strive to provide effective solutions that meet users’ specific needs. By harnessing state-of-the-art technology, we bring our visionary ideals to life, helping people embrace the incredible possibilities the Company offers.

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SOURCE VIAIM

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