ICICI Bank technology

ICICI Bank uses satellite images of farmland to assess credit profile

ICICI Bank has started using satellite images of farmland to help assess farmers’ credit-worthiness.The lender, India’s fourth largest by assets, is using pictures taken...

Utilities in Europe accelerate digital transformation

Coronavirus has accelerated the digital transformation related investment among utilities in Europe, Stephen Jewkes and Christoph Steitz from Reuters reported. Enel, Europe’s largest utility, moved to...
Samsung IT solutions for retail

Retailers use digital technologies to navigate Covid-19 crisis

Retailers are shifting to use digital technologies to bridge the physical distance and navigate the Covid-19 crisis. Tech-enabled applications like virtual queuing, footfall analytics, contactless...
e.l.f. Beauty digital investment

e.l.f. Beauty reveals gains from digital investments

e.l.f. Beauty said its sales rose 11 percent to $283 million during the fiscal 2020 and it grew its gross margin to 64 percent.It...
Henkel digital investment

Henkel gains from e-commerce approach during Covid-19

Henkel said it accelerated its e-commerce approach and D2C across the company in light of the lockdown measures in many countries. Henkel has appointed Michael...
Hugo Boss IT investment

Hugo Boss to cut IT investment despite digital focus

Hugo Boss said it will stop investment in nonessential system implementations as part of the strategy to cut cost during the Covid-19 epidemic.Josef Richter...
CIO and IT spending

CIO action plans to protect business during COVID-19: Gartner

Research agency Gartner has revealed that CIOs can take 8 actions to protect or quarantine their IT organisations’ cash flow during the COVID-19 pandemic. “Survival, not growth, will be...
P&G digital transformation

P&G gains from digital transformation during COVID-19

Procter & Gamble (P&G) has reported 5 percent increase in sales to $17.2 billion during the January - March quarter of fiscal year 2020. P&G...
Spark Minda CITO

Shalimar Paints CIO Ashok Jade joins Spark Minda as CITO

Ashok Jade, chief information officer (CIO) at Shalimar Paints, has joined Spark Minda, a manufacturer of automotive components, as the group chief information and...
Carter’s digital transformation

Carter’s enhances online shopping experience with digital transformation

Carter’s said online sales grew to 36 percent of total retail sales in the quarter as compared with 32 percent last year.Carter’s had a...



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