Trials: 5G in Singapore, AI at Heathrow; Davos 2019 WEF: Digital Transformation update this week across the GLOBE

My new initiative: “The week in Digital Transformation across the GLOBE” will be a summary of the most interesting updates, research, news, initiatives, collaborations and other stories from different parts of the world.

‘If you are focused on Digital Transformation as a noun rather than as a verb, you are missing the point completely. ’, John Allert, CMO, McLaren (Formula 1)

Case Study

• Airbus : Discontinuous approach for the transformation

Startups and Accelerators

• Ten blockchain startups have joined the IBM Blockchain Accelerator program. More details

Excerpts from 22nd Annual Global CEO survey from PwC and new risk takers for 2019

Davos 2019, World Economic Forum

• Legacy systems, lack of change management capabilities and relevant skills are among the key hurdles for digital transformation in 2019, a report released at the World Economic Forum annual summit.
• Switzerland will not over-regulate fintech sector: Swiss President at round table event at WEF 2019. Read the details
• PayPal, Mastercard execs see a 'huge opportunity' for tech giants to partner with major banks. More update
• One of the things that’s going to happen in the Fourth Industrial Revolution is that data and digital technology is a new factor of production. Read the Microsoft CEO Satya Nadella’s interaction with Klaus Schwab, founder and executive chairman of the World Economic Forum.
• IMF’s Christine Lagarde cautioned larger banks not to overlook the threat coming from fintech. More update
• With that disruption is an explosion of valuable data. That data has value. Read the HP Enterprise CEO interview at Davos 2019.

Technology

• Singapore’s first live 5G facility - a collaboration between Ericsson, Singtel and Singapore Polytechnic (SP) - has opened. Read the details
• How do you design cloud-native apps for the telecom industry? Ericsson blog post

In Aviation Sector

• Heathrow trials AI controlled runway with ￡2.5m 'digital tower laboratory'. More details
• Kuwait International Airport, an entity managed by the government’s Directorate General of Civil Aviation (DGCA) has announced that it has adopted Microsoft Azure cloud solutions. More update

In the Banking and FinTech Sectors

• Neobanks are gathering momentum in global markets. Read the Australian Neobank Volt’s progress.
• Cognizant has been selected by three Finnish financial institutions, Savings Banks Group, Oma Savings Bank Plc and POP Bank Group, as their strategic partner. More details
• IBM and the Bank of the Philippine Islands (BPI), a universal bank headquartered in Manila, have signed a $260M, multi-year services agreement. Read the details
• Bernard Marr: The Astonishing Ways BBVA Bank Uses AI To Transform Itself. Read the initiatives of the BBVA

For more news and updates on Digital Transformation, Innovation, Disruptive Technologies, New Product Development, follow me on LinkedIn.

The author of this weekly rundown Raj Grover is a strategic consultant working with several corporate, government bodies, and startups across the globe. He formulates strategies, policies and planning, works on innovative ideas, new product development and has access to disruptive technology. His customized workshops and training sessions help the leadership and team in adapting a clear vision for their digital transformation journey.

He is the founder of Transform Partner, the digital transformation consultancy based in UK and India. He can be reached at: [email protected]