Tag Archives: transformation

University of Twente’s ITC Faculty Wins BNA Best Building of the Year 2024 Award

(IN BRIEF) The University of Twente’s ITC Faculty has been honored with the prestigious BNA Best Building of the Year 2024 award, recognizing its exceptional architectural design and sustainability. The transformation of the former brutalist laboratory into an open and … Read the full press release

Borealis Marks 30 Years of Innovation: Accelerating Industry Transformation and Sustainability

(IN BRIEF) In March 2024, Borealis commemorates its three-decade journey as a pioneer and innovator in the polymers industry, celebrating its contributions to industry advancement and sustainability. Born from a merger between Statoil and Neste, Borealis has evolved into a … Read the full press release

BT Group Sells Iconic BT Tower for £275m to MCR Hotels for Transformation into Landmark Hotel

(IN BRIEF) BT Group has reached an agreement to sell the iconic BT Tower to MCR Hotels for £275 million. MCR Hotels, known for preserving historic landmarks, plans to repurpose the tower into a hotel, securing its status as a … Read the full press release

Prudential Appoints Arjan Toor as CEO Health to Drive Transformation and Customer Trust

(IN BRIEF) Prudential plc has announced the appointment of Arjan Toor as its new CEO Health, effective from February 1, 2024. This appointment is a significant step in Prudential’s strategic transformation, focusing on its Health business as one of its … Read the full press release

Siemens Announces Virtual Annual Shareholders’ Meeting in February 2024, Proposes Increased Dividend, and Highlights Strong Fiscal Year Performance

(IN BRIEF) Siemens AG has revealed plans for its Annual Shareholders’ Meeting scheduled for February 8, 2024, to be held in a virtual format, following approval at the 2023 Annual Shareholders’ Meeting. The company’s Chairman of the Supervisory Board, Jim … Read the full press release

BAE Systems, PLEXSYS, and Red 6 Join Forces to Transform Military Training with Augmented Reality and Simulation Technology

(IN BRIEF) Three leading companies in military training, BAE Systems, PLEXSYS, and Red 6, have announced a collaborative effort to revolutionize military training for future forces. They plan to integrate Red 6’s augmented reality headset technology and PLEXSYS’ immersive simulation … Read the full press release

Urban Agriculture Could Transform Glasgow’s ‘Food Deserts’ and Reduce Inequality, New Research Finds

(IN BRIEF) New research conducted by the University of Glasgow in collaboration with Florida State University, USA, suggests that adopting an innovative approach to urban agriculture could help Glasgow’s ‘food deserts’ become sources of healthy and affordable produce, ultimately reducing … Read the full press release

EBRD and Green Climate Fund’s High-Impact Programme Aims to Transform Hard-to-Abate Sectors for Net-Zero Goals

(IN BRIEF) The transition to a net-zero economy presents significant challenges for various industries, especially “hard-to-abate” sectors such as cement, steel, chemicals, mining, shipping, and aviation. These sectors contribute to about 30% of global emissions, making their transition crucial. The … Read the full press release

Vodafone Partners with Accenture to Revolutionize Shared Operations and Fuel Growth

(IN BRIEF) Vodafone Group Plc has unveiled plans to establish a strategic partnership with Accenture to harness Vodafone’s shared operations for accelerated growth, improved customer service, and enhanced efficiency across its operating companies and partner markets. The collaboration will leverage … Read the full press release

Keolis Wins Contracts to Transform Public Transport and Drive Green Transition in Two French Urban Regions

(IN BRIEF) Keolis, a transportation company, has been awarded two significant contracts by urban district councils in France to improve public transport services and advance the energy transition. The first contract with Communauté de l’Auxerrois involves the operation of its … Read the full press release

SAP Finalizes Acquisition of LeanIX, Expanding Transformation Suite

(IN BRIEF) SAP SE has successfully concluded its acquisition of LeanIX, a prominent player in enterprise architecture management (EAM). LeanIX specializes in facilitating the modernization of IT landscapes and continuous business transformation through its software-as-a-service solutions. These tools empower organizations … Read the full press release

VINCI Airports Launches £100 Million Investment to Transform Belfast International Airport

(IN BRIEF) VINCI Airports has unveiled a £100 million, five-year investment plan for Belfast International Airport aimed at enhancing operational efficiency, passenger experience, and environmental performance. The initial phase involves constructing a state-of-the-art £25 million security building that will implement … Read the full press release

Ericsson Announces Executive Team Changes to Drive Business Transformation

(IN BRIEF) Ericsson has made changes to its Executive Team, appointing Chris Houghton as Chief Operating Officer (COO) and Åsa Tamsons as Head of Business Area Enterprise Wireless Solutions. These appointments signal Ericsson’s commitment to accelerating its business transformation. Houghton, … Read the full press release

Collaboration Transforms Historic Oban Church Building into Student Residence for Marine Science Students

(IN BRIEF) A collaboration between the Scottish Association for Marine Science (SAMS) and local entrepreneurs has led to the renovation of a historic Oban town center building into a residence for 19 marine science students. The Dunollie Halls of Residence … Read the full press release

Ukrainian Siblings Transform Family Yeast Business into Global Success Story

(IN BRIEF) Ukrainian siblings, Olena and Rostyslav Vovk, have transformed their family business, Enzym Group, from a Soviet-era yeast plant into a modern, diversified company. Enzym Group is now a market leader in the yeast industry and produces yeast food … Read the full press release

CapMan Real Estate Completes Transformation of Red Warehouse into Modern Office Space for BCG Denmark

(IN BRIEF) CapMan Real Estate has completed the transformation of the historic Red Warehouse into a modern and distinctive office space, welcoming Boston Consulting Group Denmark (BCG) as its sole tenant. The 140-year-old building has been rebuilt to incorporate state-of-the-art … Read the full press release

Google Cloud and Estée Lauder Partner to Transform Luxury Digital Experience with Generative AI

(IN BRIEF) Google Cloud and The Estée Lauder Companies Inc. (ELC) are expanding their partnership to utilize generative AI for ELC’s brand sites, enhancing the luxury digital experience. Through this collaboration, ELC aims to understand consumer sentiment, improve R&D efforts, … Read the full press release

Symrise Pet Food Rebrands its Nutrition Ingredients to Nuvin™, Expanding Growth and Sustainability

(IN BRIEF) Symrise Pet Food has announced the rebranding of its nutrition ingredients brand to Nuvin™, with a focus on expanding growth and advancing sustainability. The transformation aims to strategically strengthen the company’s pet food offering, encompassing egg, chicken, hydrolyzed … Read the full press release

GRAHAM Embraces Artificial Intelligence to Transform the Construction Industry

(IN BRIEF) GRAHAM, a leading construction company, is harnessing the power of artificial intelligence (AI) to revolutionize the industry. Recognizing AI’s potential to address challenges like skills shortages and low productivity, GRAHAM has established a dedicated business intelligence team to … Read the full press release

MAN Truck & Bus Advances Towards Emission-Free Drives, Prioritizing Battery-Electric and Hydrogen Solutions

(IN BRIEF) MAN Truck & Bus, a prominent logistics integrator, is intensifying its transformation efforts by taking significant strides towards emission-free drives. The company’s focus for commercial vehicles is primarily on battery-electric drives, while MAN Engines, a business unit of … Read the full press release