Digitization must enable new value creation for customers in BFSI market, delivering on expectations across the value chain.
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Digital Transformation in BFSI
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06 May 2022
Trung Dao
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Several important moves were made across the tech ecosystem around the world and in Vietnam this April.
As is the tradition, let’s check out the monthly tech round-up from NTQ Solution, where you can find the tech news that you might have missed through the month.
After over one week after Elon Musk announced his offer to buy Twitter, on April 25th, Twitter accepted the deal. Upon completion of the transaction, the control of the 16-year-old social media platform populated by millions of users and global leaders will shift to the world richest-person.
Read more: Link
The tech giant, Apple Inc announced its annual developers’ conference will return in an all-online format again for the third year in a row, from June 6 to June 10.
Before the Covid-19 pandemic, this Worldwide Developers Conference was held in San Jose, California, with thousands of developers from around the world and Apple employees in attendance.
As a key part of its plan to create a metaverse, Meta platforms started to test making-money tools on Horizon worlds. Those tools will allow users to sell digital assets and experiences within the company’s immersive platform and will be available initially to a handpicked set of users.
The two internet giants, Amazon and Google parent Alphabet, have seen weaker-than-expected quarterly report results last week. This is the biggest monthly decline since the 2018 financial crisis and seen as the consequence by a combination of macroeconomic factors, such as the Ukraine war and the pandemic.
After more than 16 hours of negotiations, the agreement named the Digital Services Act (DSA) was set. Under this new internet rule, U.S tech giants, such as Amazon, Alphabet, and Meta, will have to do more to tackle illegal content or risk hefty fines.
At the end of April, the most prestigious technology award in Vietnam, Sao Khue 2022, took place in the center of Hanoi and honored the 174 products, services, and solutions from 113 companies.
Also on this night, NTQ Solution won this competitive award for the seventh consecutive year and marked a milestone towards the outstanding growth of the company.
After more than two decades of development, the Vietnamese IT service industry has gained many outstanding achievements and placed in the top 10 best countries for software outsourcing. So far, this industry has attracted nearly 300,000 employees, with the revenue reaching over $3 billion last year.
In the recent meeting held by the National Committee on Digital Transformation, the Ministry of Information and Communications revealed a report and mentioned the increasing contribution of the digital economy to Vietnam’s economy. Its revenue reached US$53 billion in the first quarter of this year.
In recent years, Vietnam has made drastic changes in mechanisms and policies for innovation, despite many difficulties caused by Covid-19. It is reflected in the Global Innovation Ranking (GII), where Vietnam moved from 55th place in 2015 to 44th of 132 last year.
This April 12, Deputy Minister of Information and Communications Pham Duc Long had a meeting with ST Liew, vice president of Qualcomm Technologies Inc. to discuss future cooperation on 5G and 6G technology. It’s an important step in the plan to bring 5G to cover 95% of Vietnam’s population over the next two years.
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NTQ Solution is a global IT consulting, services & solutions company that assists global SMEs & large enterprises worldwide to accelerate business performance and digital transformation. Since 2011, with in-depth experience in various industry domains from 600+ projects and expertise in a comprehensive technology stack, including emerging technology, NTQ’s award-winning teams have been delivering “World-class” service for SMEs to large enterprises.
If you’re ready to improve productivity, increase revenue and clients satisfaction, get in touch with NTQ Solutions today!