digitalization

Here we are with the season finale and an absolutely engaging topic for you - Robotics vs. Security.

On the season finale, Monica talks with Mark Folmer, VP Security and Industry, Robotic Assistance Devices, on the robotics industry, the state of security within the robotics industry, Industry 4.0, augmentation, challenges, risks and implications, opportunities it brings with itself and more.

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In this episode, we discuss trends and technologies influencing and supporting the financial services industry with special guest, Nasir Zubairi, CEO of the Luxembourg House of Financial Technology (LHoFT), a public/private sector initiative to drive fintech and digitalization for Luxembourg's financial services industry.

Nasir shares with us innovations that the LHoFT has given their customers and its overall mission and purpose, Luxembourg as a global financial center, financial Inclusion and its relationship to the blockchain, how blockchain is being used in Financial Technology aka Fintech, current technologies used in Fintech and what the future holds, the emerging role of data and statistical analysis in Fintech, and if he sees AI as a promising aide here.

We also talk about how technology providers like Microsoft are playing a role in Fintech’s digital transformation, and what the emergence of the Central Bank Digital Currency (CBDC) means for the industry.

Episode Links

The LHoFT – Luxembourg House of Financial Technology (Twitter / LinkedIn)

Banking Industry Home - Here, you’ll find various articles and papers.

Capital Markets Home - Among other things, you’ll find a great e-book on enabling the capital markets firm of the future.

Financial Services blog

Guest

Nasir Zubairi is CEO of the Luxembourg House of Financial Technology (or LHoFT), a public/private sector initiative to drive fintech and digitalization for Luxembourg's financial services industry.

Follow Nasir on Twitter or LinkedIn.

Hosts

Paul Maher is General Manager of the Marketplace Onboarding, Enablement, and Growth team at Microsoft. Follow him on LinkedIn and Twitter.

David Starr is a Principal Azure Solutions Architect in the Marketplace Onboarding, Enablement, and Growth team at Microsoft. Follow him on LinkedIn and Twitter.

The goals of security isn’t confidentiality, integrity and availability but to understand, support and enable organization’s goals and mission. Business acumen, leadership and communication play a vital role in that. 

Security is not an IT problem but everyone’s responsibility. In this episode, we turn the tables and talk to a business leader on his role and involvement in security as well as expectation of and support for security leaders. Monica Verma talks with Christoffer Hernæs on digitalization, the business perspective of security and the FinTech world.

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Don't know where to start or how to go about it?
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Legal industry without Legal Tech? That’s almost unthinkable nowadays! As one of the first law firms of the CEE/SEE region we started to implement our project management tool Wolf Theiss Space two years ago and simultaneously began to work with document automation tools. Since then we have actively used these tools, be it for internal processing or external collaboration with clients. 

In this episode, we welcome four speakers: Matt Sharps and Zaibaa Thingna from our Legal Tech team and Senior Associate Nikolaus Dinhof and Associate Klaudia Dabrowska who are both members of our Banking & Finance practice. Together, they talk about our first steps in the world of legal tech, explain why it is more than just a trend and share their experiences with clients’ needs in this field.

This episode was recorded in winter 2020. 

For questions regarding this episode and our podcast Wolf Theiss Soundshot, contact soundshot@wolftheiss.com.

As the CEO and co-founder of Lindera, Diana Heinrichs aims to digitize health care and maintain the mobility of our aging society.

In this episode, we talk with Diana about the lack of innovation coming from Germany and how digital health providers can simplify processes and reduce friction.

“By far, the greatest danger of Artificial Intelligence is that people conclude too early that they understand it.” Eliezer Yudkowsky

In this episode, Monica Verma talks with our guest Eirik Gulbrandsen from the Norwegian Data Protection Authority, about Artificial Intelligence, demystifying its possibilities and perils, use cases and challenges, and what it could mean for cybersecurity, privacy and society.

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Don't know where to start or how to go about it?
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In this episode, Monica Verma talks with Carsten Maartmann-Moe, CEO, Transcendent Group, about hacking, the big bang of the internet, connected devices, Internet of Things and emerging technologies. 

They talk about the evolution and the threat landscape, risks and consequences of both legacy and emerging tech, the ethics behind it, use of data and more.

Looking for your dream job in cybersecurity?
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Inside this episode:

Banks will benefit from an increased customer base as accelerated digitalization makes financial services available to unbanked populations in emerging markets. But traditional banks face competition as big tech firms impinge on payment services and central banks explore creating their own digital currencies as a defensive move.​​​​​​​

Related content:

• Banks – Emerging Markets: Technology is deepening financial inclusion
• Banks – China, Europe, and US: Digitalization is breaking banks' historical dominance in retail payments
• Banking – Global: Central bank digital currencies would compound digital disruption for banks

This episode is full of acronyms. Here's a quick list for reference. A brief explanation of each Industrial Revolution follows the list.

CNC: Computer Numerical Control. It's a computer controlled machine that uses pre-programmed software to direct the movement of machining tools and 3D printers.

ERP:  Enterprise Resource Planning. The ERP system runs the entire plant.

HMI:  Human Machine Interface. It's a touchscreen on a machine that displays the data on that machine.

IIoT:  Industrial Internet of Things. IIoT is the extension of the Internet of Things (IoT) in industrial sectors and applications. The digitization and digitalization steps to use data to make good business decisions.

IIoTA:  Industrial Internet of Things Appliance. An appliance that easily connects IT and OT and transfers data directly and natively without the need for generic communications.

IT:  Information Technology. The Enterprise side where the data servers & databases reside.

KPI: Key Performance Indicator. It's a measurable value to illustrate effectiveness.

MES:  Manufacturing Execution System. MES is the manufacturing leg on the ERP system.

Modbus TCP:  Modbus is a data communications protocol. TCP is Transmission Control  Protocol.

OA:  Overall Availability. It's a process based Key Performance Indicator.

OEE:  Overall Equipment Effectiveness. Also a process based KPI.

OLE:  Object Linking and Embedding. Invented by Microsoft in the '80's. The OLE principles for process control begat OPC.

OPC:  Open Platform Communications. A generic, common language that runs in a PC environment and is used to communicate with PLCs on the plant floor. Some folks say stands for "Oh, Please Connect!"

OT:  Operational Technology. The plant floor. When talking about machines think operations.

PC:  Personal computer. In manufacturing when a PC is brought into the system, it becomes an IT asset. The IT Department must then protect it.

PLC:  Programmable Logic Controller. Controls the majority of manufacturing equipment. Capable of gathering and generating data from the machines on the plant floor, OT side.

The Industrial Revolutions in manufacturing:

Industry 1.0 - the mechanization of manufacturing with the introduction of steam and water power.

Industry 2.0 - the mass production assembly lines using electrical power.

Industry 3.0 - automated production using electronics, programmable logic controllers (PLCs), IT systems, and robots.

Industry 4.0 - using "smart factory" autonomous decision making of cyber physical systems using machine learning and big data analysis. Interoperability through IoT and cloud technology.

During this episode, Brandon discusses:

• Each of these terms - what they mean and how they relate to an effective manufacturing grade IoT system.
  
  
• The differences between Digitalization and Digitization.
  
  
• The basic goal of most industrial IoT implementation.
  
  
• Some pitfalls that elliTek has been asked to solve.
  
  
• OPC and why some folks say it stands for "Oh Please Connect!"
  
  
• Quality data - what it is and some reasons for skewed data.
  
  
• How elliTek is able to overcome these industrial IoT struggles - The Trick!

Watch the "Two Minutes To Data" video. Read more about how an MES Gateway Appliance opposes OPC and industrial PCs.

Is your enterprise a leader-disruptor or a victim-disruptee? Kevin takes a look at three steps of digitial when it comes to supplying your enterprise’s goods or services. He then challenges you to come clean on just where you and your enterprise actually are and should be. This episode is a must-listen and a must-respond for leaders in the digital era! // Download this episode's Application & Action questions and PDF transcript at whitestone.org.

Bill Whitford – former Strategic Solutions Leader, Bioprocess, Cytiva

Bill Whitford has over two decades of experience in biotechnology product and process development. He first joined Cytiva as an R&D Leader, developing products supporting protein biological and vaccine production in mammalian and invertebrate cell lines. He has commercialized defined hybridoma and perfusion cell culture media, fed-batch supplements, as well as aqueous lipid dispersions.

An invited lecturer at international conferences, Bill has published over 250 articles, book chapters and patents in the bioproduction arena.

Roberto de la Mora, Director de Tecnología de Microsoft México, nos pone de frente a la realidad, “El mercado laboral se ha transformado radicalmente a consecuencia de la contingencia de salud que estamos viviendo… se ha acelerado el proceso de la digitalización”. En este episodio platicamos de cómo las habilidades digitales toman una relevancia adicional no solamente para encontrar empleo, sino también para entender de qué manera operar en esta nueva realidad. Es necesario prepararnos para trabajar digitalmente.

Entérate del plan de Microsoft para ayudar a 25 millones de personas alrededor del mundo a adquirir nuevas habilidades y competencias digitales. El objetivo es permitir que puedan encontrar nuevos empleos de alta demanda y aumentar su efectividad. Roberto nos explica la manera en que se han combinado las herramientas de Microsoft Learn, LinkedIn Lab y GitHub Learning Lab para crear 10 rutas de aprendizaje y contenido de acceso gratuito. Las rutas, disponibles en opportunity.linkedin.com, incluyen cursos de clase mundial que van desde lo básico en alfabetización digital hasta la programación, marketing y diseño gráfico entre otros, por lo que los participantes pueden escoger el perfil más adecuado.

Finalmente, Roberto nos explica que no habrá regreso atrás por lo que la plataforma propuesta por Microsoft es también de particular interés para aquellos que están emprendiendo o quieren hacerlo. Roberto nos revela cómo el mundo digital permite derribar las barreras del mundo análogo con nuevos modelos de negocios que sólo aquellos que no tengan miedo a la digitalización podrán aprovechar.

Roberto tiene una maestría en Administración Industrial del CEMAC en México, con diplomados en Administración de la Producción y de Materiales, Administración de la Venta, y Contabilidad y Financiamiento Industrial. Se graduó con honores como Licenciado en Sistemas Computacionales de la UNIVA en Guadalajara, México.

Hate it or love it, trending social media news is a thing and we look at some stories that stood out to us and dig deeper into reasons people say some of the things they say and the widespread impact of their long confessional threads.

Music Used : Inspiring Soft Background | Storyblocks Audio

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If you're ready to produce your own podcast, contact the podcast experts at SolidGoldStudios.co.za

Mercury Air Cargo began implementing cargo communication and payment platform CargoSprint’s SprintPass at its Los Angeles International Airport (LAX) facilities at the beginning of this month. The move is intended to decrease waiting times for freight forwarders picking up import shipments and support the flow of cargo through facilities as LAX faces continued congestion issues. 

In this episode of On Air with Air Cargo World, we sit down with John Peery, President & COO, Mercury Air Cargo, to discuss how the handler is working with CargoSprint CEO Joshua Wolf to digitalize Mercury Air Cargo’s ops in an effort to combat congestion at LAX. The implementation efforts come amid the airport’s recent decision to delay construction of its new Century Cargo Complex terminal by two years.