In May 2023, the UNWTO reported that international tourism was rebounding to 80% of pre-COVID levels in the first quarter of the year and countries were emphasizing sustainable tourism such as ecotourism, acknowledging its potential to benefit local and national economies and attract both local and overseas tourists, while preserving nature and positively impacting environmental […]
Connecting machines and devices physically and digitally is the foundation of smart manufacturing and one of the first steps in digital transformation. The IoT can help to collect and share data generated in all business processes and is effective in monitoring quality, optimizing operations, and thus improving productivity. The adoption of the IoT has become […]
Progress in processing technology, biotechnology, genetics, and nutritional science is driving food innovation, enabling the food sector to become more productive in today’s challenging environment. Those innovations are impacting the entire food industry. New forms of food have been developed such as meat analogues, algae, and insects as new protein sources as well as functional […]
Productivity measurement is a process of identifying the appropriate metrics and calculating their results to determine the effectiveness and efficiency of resource use. While digitalization offers many benefits to SMEs such as improved operations, reduced costs, and enhanced customer experience, productivity measurement methodologies should be reviewed to reflect the impact of technological improvements. The pandemic […]
The fundamental concept of innovation is the introduction of something new and relevant, perhaps contrary to established norms or customs. For public-sector organizations operating in the new normal, innovation means modernizing processes and enhancing the quality of life for citizens. Citizens now expect more from their governments. The ways they interact with their governments have […]
