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 – 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 – 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 – 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 – 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 – 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...

EdTech Insight – Figma CEO says it is ‘eating cost’ of AI upgrade for customers in 2024

by EdTechMate | Jun 27, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points The recent developments in Figma’s platform, presenting an AI-powered UI3 redesign, signal a significant shift in the design sector, with potential ripple effects across global higher education. Following the...

EdTech Insight – OpenAI, Microsoft sued by Center for Investigative Reporting as news industry bolsters attack on AI

by EdTechMate | Jun 27, 2024 | CNBC, News & Insights

Executive Summary and Main Points Recent legal actions taken by several news organizations against OpenAI and its backer, Microsoft, are redrawing the boundaries of copyright law in relation to AI advancements. Intellectual property infringement lawsuits claim...

EdTech Insight – Azure Sphere – Image signing certificate update coming soon

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

Executive Summary and Main Points Azure Sphere has initiated an update to their image signing keys following security best practices. This operation involves a rotation of public/private keys to strengthen the trustworthiness of software images every few years. Azure...

EdTech Insight – Systems-level approach drives optimal performance and power efficiency for Linux and open-source workloads

by EdTechMate | Jun 27, 2024 | CIO, News & Insights

Executive Summary and Main Points In recognizing the influx of cloud-native workloads and the necessity for optimized technology stacks, Microsoft has unveiled a new solution for Linux-based and open-source systems. The Azure Virtual Machines (VMs) equipped with the...