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Cloud technology best bet of PH businesses to survive pandemic

As the battle against COVID-19 continues, Philippine businesses still struggle against double-digit GDP contractions. While restrictions are slowly being lifted to stimulate economic activity, the pandemic has made clear who its first casualties are – on-premise businesses......»»

Category: techSource: thestandard thestandardNov 28th, 2020

Emerging e-Industries reap benefits from PLDT s increased network build up

Leading industries have turned to technology to survive the economic pivot to the “new normal” with the Philippines’ largest and only integrated telecommunications company PLDT aiding organizations and businesses to adapt and thrive in the current challenges of the pandemic......»»

Category: techSource:  thestandardRelated NewsSep 30th, 2020

Expert pushes cloud technology for businesses amid pandemic

A Filipino  technology executive says cloud-based platforms can fill the gap for businesses that were affected by the coronavirus disease 2019 pandemic that resulted in major disruptions to their processes, transactions and networking. .....»»

Category: financeSource:  thestandardRelated NewsMay 2nd, 2020

MSMEs urged to set up online businesses

A fast-growing Filipino financial technology start-up is encouraging micro, small and medium enterprises to set up their businesses online to not only survive but thrive amid the coronavirus disease 2019 pandemic that is expected to continue having a serious impact on trade and commerce in years to come......»»

Category: newsSource:  philstarRelated NewsApr 19th, 2020

Surigao bank pioneers cloud technology in the Philippines

As more businesses worldwide are told to innovate or perish, a small rural bank in this remote municipality in Mindanao has embraced the use of cloud technology in its operations to address weaknesses and survive the stricter regulatory environment......»»

Category: newsSource:  philstarRelated NewsSep 15th, 2019

Local cloud infrastructure, seamless digital experience, zero trust security model among top tech predictions for 2021

Faced with perhaps the most disruptive circumstances of their existence, organisations worldwide realised that they had no greater ally than technology in their quest to ensure some sort of work continuity during the COVID-19 pandemic. .....»»

Category: techSource:  thestandardRelated NewsDec 22nd, 2020

How work-from-home, LG empower new breed of content creators

Navigating the new normal is uncharted territory for everyone. Because of the pandemic, there has been an upheaval of how people do business. From the simple act of shaking a hand, discussing strategy over a cup of coffee, or client dinners, everything has fundamentally changed. Adaptability became the most important trait for businesses, and even individuals, to survive. Companies pivoted their business model to remain relevant as stagnation is a recipe for disaster. Individuals took the opportunity to create content while at the comfort of their own home......»»

Category: techSource:  thestandardRelated NewsDec 22nd, 2020

Key insights from a retail industry Cybersecurity Survey Trends Report

As we have already seen, the short- and long-term effects of COVID-19 on the retail industry are, and will continue, to be very challenging to many companies. The ability to adapt by investing in technology to support new workforce, partner, and operations needs will determine which retail brands survive the pandemic. But switching to new ways of doing business is not enough; a security-first mindset to secure these new approaches is also needed.  .....»»

Category: techSource:  thestandardRelated NewsDec 16th, 2020

“Customized Future”: Consumers in APAC to Benefit Most from Industry 4.0

At the center of the developing Asia is Industry 4.0, also known as the digitalization of industries. Shifting businesses and enterprises into an intelligent and connected virtual space is no longer an option but a necessity to survive, primarily due to the added pressure brought about by the pandemic. A fresh study by Deloitte proved […].....»»

Category: sportsSource:  abscbnRelated NewsNov 13th, 2020

Dell Technologies& rsquo; Project APEX makes businesses& rsquo; IT journey simple

Dell Technologies (NYSE: DELL), the leader in cloud IT infrastructure, expands its as-a-Service capabilities with Project APEX to simplify how customers and partners access Dell technology on-demand—across storage, servers, networking, hyperconverged infrastructure, PCs and broader solutions. .....»»

Category: techSource:  thestandardRelated NewsNov 8th, 2020

Consumers in Asia Pacific to benefit most from Industry 4.0

At the center of the developing Asia is Industry 4.0, also known as the digitalization of industries. Shifting businesses and enterprises into an intelligent and connected virtual space is no longer an option but a necessity to survive, primarily due to the added pressure brought about by the pandemic......»»

Category: techSource:  thestandardRelated NewsNov 8th, 2020

The consequences of online piracy

Our smart devices have become an indispensable appendage of our body that directly interfaces with the digital world. The digital transformation that has been delayed for decades by fear and resistance to the disruptive nature of technology has ironically now become a critical tool for surviving and recovering from the global health and economic crisis brought about by the pandemic. The ease of accessing the wealth of content and services in the cloud has revolutionized the way we work, live, and play. These, however, do not come without risks......»»

Category: newsSource:  thestandardRelated NewsOct 18th, 2020

AWS expects Asian startups to survive pandemic

Digital technology giant Amazon Web Services expects Asian startups to adapt  to the new business environment amid the coronavirus pandemic this year and sustain their operations next year......»»

Category: financeSource:  thestandardRelated NewsOct 18th, 2020

Electric cooperatives’ sales revenues up 9% to P54.074-B

Despite the continued wreck of the coronavirus pandemic, the higher electricity usage of consumers had jacked up the overall revenues of the country’s electric cooperatives within April-June this year to P54.074 billion, higher by 9.0-percent from P49.672 billion in the first quarter. The energy sales specifically had escalated by 12-percent in the second quarter of this year, according to the National Electrification Administration (NEA), and that was because of the residential end-users who were mostly confined in their homes at the height of the lockdown period which straddled the months of April and May. NEA stated that based on the statistical report of its Information Technology and Communication Services Department (ITCSD), the nationwide aggregate sales of the ECs climbed to 5,988 gigawatts hours (GWh) within April-June stretch versus the leaner 5,337 GWh in the first quarter. “This was due to the 9.0-percent increase in electricity consumption by the residential sector,” NEA Edgardo R. Masongsong has emphasized. In particular, household end-users posted 3,693 GWh power consumption in the second quarter due to the scorching weather during the summer months; while it was at lower 2,806 GWh in the relatively colder periods of January to March. However, the outcome was a reverse in the commercial sector because the health crisis forced many businesses to either close or reduce operations especially within the March-May duration of the enhanced community quarantines (ECQ) in various parts of the country. The electrification agency pointed out “the pandemic restrictions pushed the energy sales in the commercial sector to fall by 6.0-percent from 1,165 GWh to 982 GWh.” Within the industrial segment of end-users, this was likewise down by 3.0percent to 957 GWh from a heftier consumption of 1,000GWh in the initial quarter of the year. Further, the power usage of public buildings and other consumers had been slightly down by 1.0-percent to 356GWh from 366GWh. Masongsong particularly highlighted that “sales and revenues of power cooperatives operating in Aklan, Benguet, Palawan, Bohol and Siargao island, which are highly dependent on tourism, fell sharply in the second quarter as a result of the community quarantines imposed in these areas.” Of all the service areas of the ECs, NEA noted that Aklan Electric Cooperative (AKELCO) logged the biggest downturn in energy sales at 20-percent, which could be equivalent to P149 million in unrealized revenues. Another power utility which registered sizeable two-digit sales decline of 18-percent had been Benguet Electric Cooperative (BENECO), and that redounds to P145 million revenue loss. For Palawan Electric Cooperative (PALECO), its energy sales had been down by 9.0-percent or equivalent P53 million loss; Bohol Electric Cooperative (BOHECO) sales fell 6.0-percent or a resulting loss of P50 million; and Siargao Electric Cooperative Inc. (SIARELCO) had its sales trimmed by 8.0-percent and that was tantamount to revenue loss of P7.0 million......»»

Category: lifestyleSource:  abscbnRelated NewsOct 18th, 2020

Alibaba debuts Cloud Computer, Delivery Robots

Alibaba Cloud, the digital technologies and intelligence backbone of Alibaba Group, unveiled a series of innovative products at its 12th annual Apsara Conference, highlighting the technology pioneer’s commitment in helping people adapt to the more digitized world and accelerate customers’ digital transformation during and after the pandemic......»»

Category: techSource:  thestandardRelated NewsOct 10th, 2020

Shell Livewire launched to aid startups, businesses

From digital workflow management to contact tracing mobile apps, technology and innovation have been integral parts of overcoming the challenges presented by COVID-19. To proactively address unforeseen obstacles in the future of the pandemic, the Philippine government called upon innovators and startups to collaborate with them during the launch of Shell’s Livewire platform on September 25......»»

Category: sportsSource:  abscbnRelated NewsSep 26th, 2020

Pandemic boosts Alibaba Cloud s Philippine ambitions

As the coronavirus pandemic drags on, Chinese e-commerce behemoth Alibaba Group Holding Ltd. is grabbing on a business opportunity that the health crisis had brought: offering to help in the digital transformation of Filipino businesses......»»

Category: financeSource:  philstarRelated NewsSep 17th, 2020

Amway Philippines turns to technology to bring health-centered products closer to Filipinos

Six months into this pandemic and we’ve seen multiple businesses come up with innovative solutions to address new demands and work around constraints. Cocktail bars are offering bottled drinks that can be delivered straight to houses, fashion designers are holding virtual fashion shows, event agencies are streaming live concerts – and these forms of innovation have become essential as families continue to stay home and opt for contactless experiences in fear of contracting diseases. In fact, a Rakuten Insight study last May showed that 49% of consumers all over the world have started purchasing more online since the crisis......»»

Category: techSource:  thestandardRelated NewsSep 15th, 2020

VMware empowers local businesses despite pandemic

Creating innovation and business resiliency for organizations in the Philippines, VMware, a leading innovator in enterprise software, has announced enhancements to its Workspace One and VMware Cloud portfolios, as more companies adapt to a mobile and digital-first economy......»»

Category: financeSource:  thestandardRelated NewsAug 30th, 2020

ePLDT’s new cloud service targets WFH

PLDT’s information and communications technology arm, ePLDT Inc., has introduced a new cloud service to help businesses and employees simplify remote work or work-from-home arrangements......»»

Category: newsSource:  philstarRelated NewsAug 27th, 2020

UnionBank, Philguarantee to help SMEs

Aboitiz-led Union Bank of the Philippines has partnered with state-run Philippine Guarantee Corp. for a program to help small businesses survive the impact of the pandemic......»»

Category: financeSource:  philstarRelated NewsAug 18th, 2020