EdTech Insight – Generative AI and the future of work: A Singapore perspective

by EdTechMate | Jun 28, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Generative AI (gen AI) is poised to significantly alter the future of work globally, with substantial impact witnessed throughout 2023. OpenAI’s valuation surged to $80 billion, and 13 AI start-ups achieved unicorn status...

EdTech Insight – Overcoming the European Tech IPO Challenge

by EdTechMate | Jun 28, 2024 | McKinsey, News & Insights

“`html Executive Summary and Main Points European tech companies are currently at a crossroads, facing the imperative to scale up to a global significance, and confronting the reality of a lower venture capital investment ratio to GDP compared to the United...

EdTech Insight – Europe’s new resilience regime: The race to get ready for DORA

by EdTechMate | Jun 28, 2024 | McKinsey, News & Insights

Executive Summary and Main Points The digitalization of Europe’s financial sector has introduced systemic risks such as cyber threats and ICT failures, urgently necessitating resilience measures across the industry. The EU’s Digital Operational Resilience...

EdTech Insight – Author Talks: How data takes on a life of its own—and what you can do about it

by EdTechMate | Jun 28, 2024 | McKinsey, News & Insights

Executive Summary and Main Points The article promotes the McKinsey Insights app, an exclusive platform designed to provide early access to innovative research and articles on various topics, including global higher education and business management. This digital...

EdTech Insight – Why aftermarket and service are vital to OEMs—and how to excel

by EdTechMate | Jun 28, 2024 | McKinsey, News & Insights

Executive Summary and Main Points The report underlines significant insights into the role of aftermarket and service in the revenue streams of Original Equipment Manufacturers (OEMs), particularly with the revelation that margins in this sector can quadruple compared...

EdTech Insight – Upgrade to Azure Synapse runtimes for Apache Spark 3.4 & previous runtimes deprecation

by EdTechMate | Jun 27, 2024 | Harvard Business Review, News & Insights

Executive Summary and Main Points The education technology sector is witnessing a significant transformation with the roll-out of the Azure Synapse Runtime for Apache Spark 3.4. This update not only advances Apache Spark to version 3.4 and Delta Lake to version 2.4...