Digitalization and tech innovation are transforming HR operations. Taiwanese businesses in Vietnam face challenges and opportunities in management and digitalization. How can these innovations lead Taiwanese businesses to greater success in Vietnam?

RSM experts in collaboration with the industry leaders discuss the latest digitalization trends, innovative management practices, and data-driven HR strategies.

Event details: Agenda and speakers' profile

Date: 11 September 2024 (Wednesday)

Time: 9:00 a.m. - 5:00 p.m. (Vietnam time) \ 10:00 a.m. - 6:00 p.m. (Hong Kong time)

Venue: Capella Park View, Ho Chi Minh, Vietnam

Fees: HKD800 [Complimentary ticket for registering via RSM. Seats are limited & on a first-come-first-served basis.]

RSVP: REGISTER HERE

Enquiries: [email protected]

IDC report: AI-enabled smartphones to dominate market by 2028 

IDC released a report indicating that almost 75% of smartphones will have AI capabilities within the next four years. Most high-end mobile processors now feature an AI accelerator or neural processing unit (NPU). The Arm processor architecture includes an NPU component for its licensees, and companies like Intel, Qualcomm, MediaTek, and Samsung have developed their own NPU implementations, as noted by Jack Gold, a principal analyst at J. Gold Associates. In 2024, AI-enabled smartphone shipments are projected to grow by over 360%, reaching 234.2 million units, or 19% of the total market. As these devices become more popular, the potential for personalized and proactive AI assistants will increase. Experts anticipate AI tools moving to the edge, embedded in devices like smartphones, laptops, and IoT devices, for localized data processing.

SAP India's cloud business grows over 50% annually, focusing on SMEs and digital transformation

SAP India is experiencing rapid growth in its cloud business, with revenues increasing by over 50% annually. This growth is driven by increased adoption among small and mid-sized enterprises, particularly in the public sector, manufacturing, and other key industries. SAP's cloud strategy is also supported by investments in data centers across major Indian cities and a focus on integrating AI into its offerings. SAP's approach in India includes a strong emphasis on digital transformation and business process optimization, helping customers maximize the value of their cloud investments. As a result, the company is poised to maintain its momentum in India's expanding cloud market, which is increasingly important to SAP's global strategy.

NetSuite 2024.2 enhances financial visibility and efficiency for finance teams

NetSuite 2024.2 introduces new features aimed at improving visibility and efficiency for finance teams. Key updates include enhanced financial reporting capabilities, streamlined processes for transaction matching, and improved insights into cash flow and operational metrics. These enhancements are designed to provide finance teams with better control and oversight, enabling quicker decision-making and more accurate forecasting. NetSuite 2024.2 enhances subscription management with new features in SuiteBilling, including prepay functionality for consumption-based pricing models. This allows businesses to charge customers in advance, with invoices showing remaining prepayments.

SAP Business One 10.0 Mainstream Maintenance expires in December 2026

SAP has announced that Mainstream Maintenance for SAP Business One 10.0 will end on December 31, 2026. Upon the mainstream maintenance expiry, no further corrections or new functionality will be provided. At the end of the mainstream maintenance period for an SAP Business One release, customers can upgrade to the next/ latest release in mainstream maintenance or remain on current release for which mainstream maintenance period has ended. The end of mainstream maintenance refers to the version and not to the overall product.

New phishing campaign attacking Amazon Web Services accounts

A recent phishing campaign has been targeting Amazon Web Services (AWS) users, aiming to steal login credentials. The attackers send convincing emails that appear to be from AWS, urging recipients to click on malicious links or download attachments. Once users input their credentials, the attackers gain unauthorized access to their AWS accounts, which can lead to significant data breaches and financial losses. A recent lookalike search revealed numerous domains mimicking Amazon's login page. Although it's unclear if these domains are controlled by the same attacker, the use of a similar subdomain format and their connection to known phishing IPs strongly indicate malicious intent.

DDoS attacks surge 46% in 2024: gaming and tech industries most targeted

In the first half of 2024, DDoS attacks surged by 46% compared to the same period in 2023, with 830,000 attacks recorded. The peak attack power also increased slightly to 1.7 Tbps. The gaming and technology sectors were the most targeted, with gaming accounting for 49% of attacks. Financial services were particularly affected by application-layer attacks, which can severely disrupt operations. The majority of attacks were short, typically under 10 minutes, but even brief disruptions can have significant impacts. This increase underscores the need for robust security measures and constant vigilance against evolving cyber threats.