Business and Technology News Roundup for July 2016
Customers Choose SAP HANA Cloud Platform to Accelerate Innovation
An increasing number of enterprises across the industries are accelerating their digital transformation with the SAP HANA Cloud Platform. The platform offers multi-environment identity management for flexible security, cloud integration with existing on-premise and mobile business systems, and an array of powerful SAP applications for greater productivity, efficiency, and innovation. “[SAP HANA Cloud Platform] enables customers to run their businesses easily and seamlessly, all from their phone with next-generation apps,” said Steve Lucas, president, Enteprise Platform Group, SAP.
Source: SAP News
Microsoft Buys LinkedIn for $26.2 Billion
On June 13, 2016, Microsoft announced that it will acquire LinkedIn for $26.2 billion, or $196 per share. The acquisition aims to integrate LinkedIn’s professional social media network with the Microsoft Office Suite, a combination that will “reinvent productivity and business processes” according to Microsoft CEO Satya Nadella. LinkedIn will retain its brand, as well as its CEO, Jeff Weiner, as it becomes part of the Microsoft world.
Source: Business Insider
5 Ways to Benchmark Your Digital Learning Strategy
As countless businesses embrace the digital transformation by utilizing today’s leading technologies (Big Data, machine learning, cloud computing, etc.), it’s becoming more and more vital for growing enterprises to join the digital economy. However, a surprisingly large number of business leaders believe that the members of their organization lack the necessary skills for adopting newer technology. SAP suggests five ways to create a digital learning strategy and close the digital skills gap for an easier transformation. Start by assessing your employees’ existing skills and familiarity with the five primary areas essential for digital transformation: analytics, applications, business, technology, and architecture. Provide employees with “self-service” training, designed to suit their schedule and area of expertise. Consider reaching out to certified consultants and trainers for better approaches to learning. Business owners should also utilize SAP’s many online digital learning resources and social media to simplify digital education even further.
Source: SAPVoice on Forbes
CIO’s Guide to Top Tech Conferences
2016 may be halfway over, but there are still many exciting technology showcases and conferences slated through the end of the year. CIO.com has compiled and organized a list of the top tech conferences all over the world between June and December 2016 to help business leaders plan to attend these can’t-miss events, including Wired Business Conference, Red Hat Summit, and the CIO 100 Awards.
Internet of Things Revenue May Reach $357 Billion by 2018
The IoT provides powerful technology for long-distance data sharing via connected devices and systems. Many business giants have already invested hefty sums into this tech. International Data Corporation (IDC) expects IoT revenue to boom as much as 16% before 2019. “The long-term opportunity for IoT vendors is helping to identify and create immediate and residual benefits for end-users through their technologies,” said Marcus Torchia, research manager of IoT for IDC’s Customer Insights and Analysis team . With amazing applications across the industries, the IoT should continue to grow and thrive.
Source: Information Week
The Impact of Social Media on Job Recruiting (Infographic)
Between Twitter, LinkedIn, Facebook, Google+, and the multitudes of other popular social networks, social media is vastly changing the way businesses grow. In 2015, the majority of recruiters used social media to seek new talent, as these online networks allow greater outreach to qualified candidates who are not actively searching for work. Social media can significantly improve efficiency and reduce costs of recruiting. Businesses that utilize social media effectively and intelligently can successfully hire top employees, rapidly expand the enterprise, and even improve marketing efforts to consumers.
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