Enterprise Applications

Industrial software developer AVEVA has announced that its engineering information management solutions, the core of its digital twin, now deliver greater time and value gains for capital projects and operations. AVEVA promises that customers can now experience a complete digital twin within just 60 days, even in the absence of existing models, thanks to deeper contextualization and enhanced visualization.

Nearly nine of ten – a whopping 86% -- of business leaders at financial services companies aren’t confident that their data can be used for decision-making, according to research commissioned by InterSystems. The study of more than 550 business leaders across 12 countries globally revealed the problem may stem from disconnected systems and data sources, with almost all (98%) respondents saying that there are data and application silos within their organization.

New Zealand Parliamentary Service is leading the way on creating a digital state sector having completed a major transition of key information technology systems from on-premise operation to a Software-as-a-Service environment from TechnologyOne.

Digital Experience Labs has provided digital automation solutions and transformation services to industry innovators throughout A/NZ since 2018. It has now announced a partnership with TCG, developer the no-code intelligent document processing (IDP) automation platform, DocProStar.

Ephesoft has joined the MuleSoft Technology Partner Program and has contributed to the partner ecosystem by releasing a MuleSoft Certified Connector for Ephesoft Transact, accessible in Anypoint Exchange.

Global research reveals that 77% of enterprises lack realtime access to ERP data, leading to poor business outcomes and lost revenue. Enterprise resource planning (ERP) systems are the lifeblood of enterprises and are a key requirement for managing core business processes. The data collected by an ERP system is also widely used to optimize operations, understand business performance, and make forecasts.

Global spending on the digital transformation (DX) of business practices, products, and organizations is forecast to reach $US1.8 trillion in 2022, an increase of 17.6% over 2021. According to a new update to the International Data Corporation (IDC) Worldwide Digital Transformation Spending Guide, DX spending will sustain this pace of growth over the 2022-2026 forecast period with a five-year compound annual growth rate (CAGR) of 16.6%.

Cloud EDRMS vendors in Australia have been rushing to obtain IRAP assessments to enhance their attractiveness to the Government Market. Although government agencies must still do their own self-certification, as an IRAP report from a vendor provides just one piece of evidence for that evaluation.

Australia’s national science agency CSIRO has gone live with a new records management system secured by Kapish, a global leader in secure enterprise information management.  Under the landmark three-year agreement, Kapish is supporting the complex record, regulatory, data and content management needs of CSIRO users in the secure cloud.

In the last couple of years, I have seen a move away from companies implementing data governance because they are in an industry where their regulator requires it, to organizations starting data governance purely because of the benefits they can achieve. That also includes companies looking to extend what they had put in place to meet regulatory requirements across more of their organization.

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