Revolutionizing Lending, Solar Power, and Data Analytics: The Latest Updates in Open Data
Published: 2023-05-24In today’s news, we have some exciting developments in the world of open data and its impact on various sectors. Let’s dive right in and explore the latest updates.
Tarabut Gateway and Qarar have joined forces to revolutionize lending in the Middle East and North Africa (MENA) region. By leveraging their expertise and technology, the partnership aims to provide tailored lending products, address credit access challenges, and promote financial inclusion. This collaboration highlights their commitment to innovation and creating a more accessible and inclusive financial ecosystem in the MENA region.
Moving on to renewable energy, Opdenergy is constructing a $150 million solar project in rural Allen Parish, Louisiana. The Elizabeth Solar Project, once completed, will have a capacity of 125 megawatts, enough to power 200,000 American homes. This project not only contributes to the shift towards clean energy but also brings economic benefits to the local community through job creation and revenue generation.
In the realm of data analytics, Microsoft Fabric is making waves with its groundbreaking platform. This platform integrates various tools and services required for AI-driven decision-making, simplifying data operations and enhancing efficiency for organizations. With features like integrated data analytics tools and natural language interaction, Microsoft Fabric empowers organizations to unlock the true potential of their data.
Speaking of data, Okredo has provided some interesting insights into offshore-owned companies in Latvia. According to their data, there are 4,982 companies in Latvia with offshore owners, with the majority of them hailing from Russia. While these companies operate in various sectors, caution is advised when partnering with offshore-owned companies due to the risk of sanctions and money laundering operations.
Shifting our focus to government initiatives, India is making significant strides in digital transformation. With a focus on modernization and digital initiatives, the government aims to provide mobile-first experiences for citizens through applications like UMANG. The Open Government Data Platform and India Stack are also contributing to an enhanced digital experience. This global trend in government IT spending reflects the increasing investment in application modernization and the measurement of digital transformation success based on mission impact.
India’s digital revolution has been driven by the development of digital public infrastructure (DPI). However, funding and building DPI require collaboration between the government and the private sector. Public-private partnerships (PPPs) are crucial for the successful deployment of DPI, leveraging the strengths of both sectors. By focusing on high-priority applications and utilizing digital public goods, DPI has the potential to reshape economies and improve access to essential services.
In other news, Regina city council has approved additional debt for Regina Exhibition Association Limited (REAL) to navigate financial challenges caused by the COVID-19 pandemic. This decision aims to ensure the organization’s short-term stability while city administration develops a long-term sustainability plan for REAL.
Moving on to education, South Korean students are exploring alternative options for higher education due to declining confidence in the local system. Countries like the US, UK, Canada, Singapore, and Hong Kong are becoming attractive destinations, offering students new opportunities for growth and learning.
Lastly, Avanade has been recognized for its significant contribution to shaping and testing the Microsoft Fabric multi-cloud SaaS platform. This platform brings flexibility, scalability, and efficiency to organizations, strengthening their data foundation for generative AI. Avanade is offering workshops, training, and support to help clients navigate the AI era with confidence.
That wraps up today’s news digest on open data and its impact on various sectors. Stay tuned for more updates as we continue to explore the ever-evolving world of data, information, and knowledge.
https://www.finextra.com/pressarticle/96968/tarabut-gateway-hooks-up-to-technology-arm-of-saudi-credit-bureau-simahRelated news on 2023-05-24
- thepienews.com: Education fever : Changing international study trends in South Korea
- americanpress.com: Giant leap into the future : Groundbreaking kicks off $150M solar project - American Press
- bnn-news.com: 3 148 companies operate in Latvia with completely foreign capital
- khaleejtimes.com: Define Your Own Success This September 2023
- siliconindia.com: Govt IT spending in India to reach $11 . 6 bn in 2023
- itwire.com: iTWire - Avanade chosen as launch partner for Microsoft Fabric
- techstory.in: Microsoft Fabric : Revolutionizing Data Analytics with AI Integration
- cbc.ca: REAL finances on agenda for City of Regina council meeting at 1 p . m . CST
- finextra.com: Tarabut Gateway hooks up to technology arm of Saudi credit bureau Simah
- hbr.org: The Case for Investing in Digital Public Infrastructure