Business Info -issue 160

01732 759725 magazine 05 BULLETIN homes, for example by improving the performance of heat pumps in nearby homes, using lowtemperature heat networks and storing heat for later use. The three other projects are: SHARED, exploring the use of low-cost hydrogen production and storage to improve energy resilience in rural communities; Conductor, exploring how the installation of large-scale battery storage in under-used rail substations could provide power to electric trains and reduce the need for network upgrades to reduce peak loads; and Super DuPPR (Dual Purpose Power Reserves), exploring how backup power stored by operators such as BT can be shared with the electricity grid when there’s less renewable energy available without destabilising the system. implemented change management strategy for AI, are 29% less likely to cite fears around AI affecting employee engagement and are 67% more likely to agree that their organisation has the tools and processes to make an accurate inventory of employees’ skills. Maryjo Charbonnier, Chief Human Resources Officer at Kyndryl, said: “Preparing your workforce for the era of AI is easy to say, hard to do and an urgent imperative for business leaders. It’s about anticipating the business impacts of AI, understanding and integrating your skill data with your customer demand and having a multi-pronged approach for equipping employees to build the skills they need and to learn to use generative AI tools in their work.” www.kyndryl.com … Data central heating UK Power Networks, the UK’s biggest electricity distributor, has secured ‘Discovery’ phase funding from OFGEM’s Strategic Innovation Fund for four projects designed to support the transition to Net Zero and enhance sustainability, flexibility and resilience in the UK energy system. These include the Hot Chip project to explore the feasibility of repurposing waste heat from data centres to heat people’s and suggests proactive, targeted support options like wellbeing kits or spa vouchers. Employees who don’t want to take part in wearables-based challenges can participate in other activities such as dog walks, a 5k run club and family park runs. They can also ‘expense’ team sports activities like paddle tennis, rock climbing and badminton. Thrive Co-CEO Cassie Gasson anticipates a significant return on investment through increased productivity, enhanced goal attainment and a more balanced and fulfilling work-life experience for employees. She said: “At Thrive, we believe our employees are our greatest asset and their wellbeing is directly linked to our success. We also understand that true wellbeing is a continuous journey, not a fleeting trend. That’s why we’re committed to cultivating a sustainable culture of wellbeing and we’re constantly looking for innovative ways to improve their lives, both inside and outside of work. Our ‘Wellness Era’ is just the latest experiment in our ongoing quest to create a productive and fulfilling workplace.” www.thrivelearning.com … Employees take the rap for slow AI adoption Almost three quarters (71%) of senior executives say their workforces are not ready to leverage AI successfully, warns enterprise technology services provider Kyndryl. Its first People Readiness Report, based on a global survey of 1,000 senior business and technology executives, shows that while 95% of businesses have invested in AI, 51% of executives say their organisation lacks the skills needed to manage AI. Almost half (45%) of CEOs believe that most of their employees are resistant or even openly hostile to AI. While most organisations are not yet benefiting from AI use cases that will drive new products and services for their customers, the report identifies a small subset of AI Pacesetters that are successfully addressing barriers to adoption. These organisations are three times more likely to have a fully UK Power Networks is exploring the use of excess heat from data centres to warm people’s homes Belfast celebrates birth of Digital Twin Centre The official opening of the UK Digital Twin Centre in Belfast is expected to accelerate the adoption of digital twin technology by UK industry, adding £62 million in GVA to the economy over the next decade. A Digital Twin is a dynamic virtual representation, or twin, of a physical asset, process or system that turns data into real-time insights that can optimise performance, reduce costs and predict outcomes before they happen. Delivered by Digital Catapult, the UK Digital Twin Centre has been funded by the Belfast Region City Deal, Innovate UK and co-investing industry partners Artemis Technologies, Spirit AeroSystems and Thales UK. These industry partners have already utilised the Centre’s facilities, including a 360-degree immersive space and advanced technology lab, to demonstrate how digital twins can solve complex operational challenges in improving product design, building supply chain resilience and decarbonising operations. The UK Digital Twin Centre aims to demystify digital twins and give businesses a practical route to adoption by providing expert support, shared learnings, test environments and tools to validate industry use cases. digicat.org.uk/UK-Digital-Twin-Centre

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