Showing: 11 - 17 of 17 RESULTS

Argentina Expands Tech Companies’ Incentives Amid Recovery Push

Argentina Bonds Fall With Tighter Foreign-Exchange Controls

Photographer: Erica Canepa/Bloomberg

Argentina is expanding benefits to its burgeoning tech sector in an effort to boost much-needed foreign investment and exports, supporting a resilient industry that’s grown amid a severe, three-year recession.

Both chambers of congress recently approved a technology bill that provides tax incentives for the next decade to start-ups and industry giants that train and hire workers. It’s one of very few bills with long-term economic scope to make it through Argentina’s deeply divided congress this year.

“There’s absolute agreement among all political parties about the relevance of this sector,” Production Minister Matias Kulfas told journalists Friday, estimating the bill over 10 years would nearly double employment and increase tech service exports by an additional $4 billion. “The pandemic is speeding up digital priorities, and we have to see it as an opportunity to strengthen foreign investment.”

Tough Tech

Argentina’s tech sector has

Read More

As Seattle Companies Accelerate Technology Investments, Few Employees Say New Technologies Have a Positive Impact on their Organizations

(MENAFN – PR Newswire) SEATTLE, Oct. 6, 2020 /PRNewswire/ — Seattle companies continue to invest heavily in technologies such as automation, robotics and artificial intelligence (AI) to reinvent how work is done. But as companies in the Seattle area increasingly deploy new technologies, they may miss major opportunities to get the most out of their investments because of a missing critical factor – employee engagement.


According to a new survey of Seattle workers by Eagle Hill Consulting, only 29 percent say that their company invests in the right technologies to support them.

According to a new survey of Seattle workers by Eagle Hill Consulting , only 29 percent say that their company invests in the right technologies to support them. And just 38 percent agree that technology change has had a positive impact on the organization.

Also, about three-fourths of Seattle workers say they need more skills to adapt to

Read More

India has Approved Incentives for 16 Smartphone Companies including Apple’s Big Three iPhone Manufacturing Partners

 

In May Patently Apple posted a report titled “The Indian Government has dropped Contentious Clauses in their new ‘Production Linked Incentive’ Program that could be Positive for Apple.” In order to gain from the new Incentive in India, Smartphone companies had to invest in the country in order to tap into the scheme. In late June we reported on Foxconn making a huge investment in an iPhone plant in India. Last week we reported that Pegatron was going to open a plant supporting Apple’s supply chain for cases in 2021 (2 reports, 01 & 02). In August we reported that Wistron was hiring for its third iPhone plant.

 

Today we’re learning that the Indian government has stated that “it was approving incentives under a federal plan to boost domestic smartphone production to 16 companies, including top Apple suppliers Foxconn, Wistron and Pegatron.” The companies invested as requested and

Read More

India approves 16 companies, including top Apple suppliers, for smartphone plan

NEW DELHI (Reuters) – India on Tuesday said it was approving incentives under a federal plan to boost domestic smartphone production to 16 companies, including top Apple suppliers Foxconn, Wistron and Pegatron.

India’s smartphone industry has become a showpiece for Prime Minister Narendra Modi’s “Make In India” drive. The $6.65 billion incentive scheme is part of the government’s aim to make the country into an export and manufacturing hub.

The companies have to invest to tap into the scheme. The government did not disclose what investment Foxconn, Wistron and Pegatron, which is yet to start Indian operations, will make.

Two sources previously told Reuters these three companies plan to invest a total of almost $900 million in India in the next five years to benefit from the scheme.

Samsung, which runs the world’s biggest mobile phone manufacturing plant on the outskirts of New Delhi, also got approval, India’s tech ministry

Read More

As Companies Accelerate Technology Investments, Few Employees Say New Technologies Have a Positive Impact on their Organizations

Lack of Employee Input & Training Puts Technology and Automation ROI at Risk

ARLINGTON, Va., Oct. 6, 2020 /PRNewswire/ — Corporate executives have been investing heavily in technologies such as automation, robotics and artificial intelligence (AI) to reinvent how work is done. But as companies increasingly deploy new technologies, they may miss major opportunities to get the most out of their investments because of a missing critical factor – employee engagement. 

A new Eagle Hill Consulting national survey of U.S. workers finds 19% percent say their company invests in the right technologies to help employees do their job.
A new Eagle Hill Consulting national survey of U.S. workers finds 19% percent say their company invests in the right technologies to help employees do their job.

According to a new national survey of U.S. workers by Eagle Hill Consulting, just 23 percent say technology changes have had a positive impact on their organization. Only 19 percent say their company invests in the right technologies to help employees do their job.

Also, more than two-thirds of workers say

Read More

centrexIT and Biocom Launch New IT Platform to Streamline Business Operations for California Life Science Companies

IT Deal Desk eliminates the hassle of vetting and securing new technology providers

centrexIT, an information technology (IT) services provider helping businesses thrive through technology, and Biocom, California’s leading life science member association, today announced the launch of IT Deal Desk. The latest platform provides Biocom members with exclusive access to an extensive, vetted partner network and simplifies the task of negotiating and securing agreements on members’ behalf.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201006005918/en/

centrexIT and Biocom launch IT Deal Desk, an IT Platform that eliminates the hassle of vetting and securing new technology providers. (Graphic: Business Wire)

“centrexIT has decades of collective experience operating IT strategy in the life science industry. Currently, roughly 40% of our clients work in the space, so we understand what it takes to support regulated businesses,” says Dylan Natter, CEO of centrexIT. “Our company has been part of the

Read More

RapidAI Among the First Stroke Imaging Companies with Software Approved for Medicare New Technology Add-on Payment

SAN MATEO, Calif.–(BUSINESS WIRE)–RapidAI, the worldwide leader in advanced imaging for stroke, today announced Rapid LVO is among the first software products to qualify for the New Technology Add-on Payment (NTAP). NTAP is part of the CMS Inpatient Prospective Payment System (IPPS). A significant advancement in stroke care and reimbursement for Medicare patients, the news further fuels the expansion of advanced stroke imaging for those technologies that meet the NTAP requirements, foremost Rapid LVO from RapidAI.

The new NTAP program applies to LVO triage and notification for stroke. Rapid LVO explicitly meets the definition of measuring arterial blood flow in the brain per the issued NTAP code definition. RapidAI offers the most comprehensive stroke imaging platform available. Once an LVO (Large Vessel Occlusion) is identified, Rapid ASPECTS can quantify the severity of the stroke, and Rapid CTP or Rapid MRI can then notify a stroke team if a

Read More