Treasury's Mnuchin says Amazon 'destroyed' U.S. retail sector

Reuters | July 25, 2019

Treasury's Mnuchin says Amazon 'destroyed' U.S. retail sector
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that online giant Amazon.com Inc has destroyed the retail industry across the United States. Mnuchin said he looked forward to hearing the results of a Justice Department probe, announced on Tuesday, into whether big U.S. technology firms engage in anticompetitive practices, the strongest sign yet that the Trump administration is stepping up its scrutiny of Big Tech. “If you look at Amazon, although they’re certain benefits to it, they’ve destroyed the retail industry across the United States,” Mnuchin told CNBC. “I don’t have an opinion other than I think it’s absolutely right the attorney general is looking into these issues and I look forward to listening to his recommendations to the president.”

Spotlight

For government employees, work isn’t a place anymore. It’s something they do, wherever and whenever the need arises. To reach decisions, build relationships, manage finances, and drive strategic value—even with today’s tight resources—mobile workers need the freedom to move beyond agency walls without leaving behind the resources they need to be effective. They need to be able to do anything, anywhere, and on whatever device is most convenient—including their own personal devices—from laptops to the latest tablets and smartphones.

Related News

GOVERNMENT BUSINESS

Nelnet and EKI-Digital Partner to Deliver Premier Digital Transformation Management Services to Government Industry

Nelnet | March 02, 2021

Nelnet (NYSE: NNI), a head proficient services organization, and EKI-Digital, a quantitative digital transformation organization, reported today an association meant to change how the government and financial services industry deal with their digital modernization and relocation endeavors. Headquartered in Lincoln, Neb., Nelnet is devoted to conveying excellent client encounters and inventive innovation arrangements. Nelnet has many years of involvement creating and executing versatile back-office preparing and client care arrangements that assist customers with exploring complex, vigorously managed government and financial projects, for example, bureaucratic understudy loans and state joblessness protection claims. "We look forward to working together with EKI-Digital to provide transformative modernization solutions and outstanding customer service to our clients," stated Peter Sanderson, Chief Revenue Officer of Nelnet Diversified Services. "Clients rely on our advanced technology solutions, efficient operations, and exemplary service to transform and support their organizations. With this announcement, we're excited for the opportunity to serve them even better." EKI-Digital is a pioneer in utilizing calculations and lean-digital application design to assist associations with organizing their digital and acquirement transformation endeavors. EKI-Digital has helped associations, public and private, distinguish and catch execution improvement utilizing its legitimacy digital design approach and algorithmic freedom ID capacities. "We look forward to working with Nelnet to help large organizations systematize and support their digital innovation and transformation efforts. Their commitment to customer, employee, and community success demonstrates the values of the company and why we believe this will be a compelling partnership," said Robert Blackwell Jr., CEO of EKI-Digital. Together, Nelnet and EKI-Digital are attempting to assist associations with gaining digital modernization capacities as a help, taking out the need to chance great many dollars on conventional IT capital undertakings with high disappointment rates. Consolidating EKI-Digital's driving innovation procedure, plan, and usage services, with Nelnet's demonstrated back-office preparing and client care and backing, the association will have an amazing effect in the government and financial services areas. About Nelnet Nelnet (NYSE: NNI) is a diversified and innovative company focused on offering educational services, technology solutions, professional services, telecommunications, and asset management. Nelnet helps students and families plan and pay for their education and makes the administrative processes for schools more efficient with student loan servicing, tuition payment processing, and school administration software. Through its investment in ALLO Communications, Nelnet offers fiber optic services directly to homes and businesses for ultra-fast internet and superior telephone and television services. The company also makes investments in real estate and early-stage and emerging growth companies. About EKI-Digital EKI-Digital is a Quantitative Digital Transformation company that has helped large organizations identify and capture billions in revenue and cost efficiencies. Since 1998, EKI-Digital has serviced clients worldwide, specializing in government, retail, and financial services. Their technology independence allows EKI-Digital to offer flexible and unique solutions to help clients move from uncertainty to possibility.

Read More

GOVERNMENT BUSINESS

Accenture Federal Services Launches Futureframe: A Practical Roadmap for Federal Agencies in Human-Centered Design

Accenture Federal Services | October 18, 2021

Accenture Federal Services (AFS) has launched a new report, Futureframe: Human-Centered Design at Societal Scale, which unveils specific steps for federal agencies to deliver improved customer experiences and outcomes. Futureframe helps agencies define a “future vision” of what an optimal federal customer experience looks like and creates the building blocks to bring those experiences to life. The Futureframe approach links elements of human-centered design, systems design, futurism, and ethnographic research to help agencies implement transformative change and sustainable improvements across complex programs. The report showcases a wide range of use cases and walks through how this framework can be applied to a common use case that crosses many missions and agencies: federal benefits, assistance, and insurance programs. “The pandemic increased demand for government services while simultaneously raising expectations for federal government customer experience. Additionally, agencies are being tasked with growing calls to ensure equity in meeting citizen needs so all customers have equal access to services,” said the report’s co-author, Elaine Beeman, Senior Managing Director, Civilian Portfolio Lead. “To meet the moment, federal leaders must accelerate the shift to digital to ensure customer experience with the federal government meets, or even exceeds, the experience they have with their favorite brands and serves a diverse customer base, including underserved and hard-to-reach populations.” The release of the report commemorates the fifth anniversary of the Accenture Federal Studio, which is part of AFS’s growing network of spaces that links commercial innovation with mission experience to help the federal government tackle its most pressing challenges. The Studio serves client mission areas across defense, national security, safety and citizen services, and health. “Since the Studio opened in 2016, it has become a leading innovation partner helping to create value for customers and employees alike across all sectors of the government. By integrating human-centered design with emerging technologies such as mixed reality, artificial intelligence, machine learning, blockchain, and quantum computing, the Studio helps our clients move ideas confidently from vision, to prototype, to pilot, to impact at-scale.” Tim Irvine, Managing Director and Lead for Accenture Federal Studio AFS taps into leading insights, talents, capabilities, and commercial approaches within the Accenture Innovation Network, a global network of research, design, and technology centers that brings disruptive innovation to clients. Accenture Federal Services is a subsidiary of Accenture (NYSE: ACN). About Accenture Federal Services Accenture Federal Services, a wholly owned subsidiary of Accenture LLP, is a U.S. company headquartered in Arlington, Virginia. Accenture’s federal business serves every cabinet-level department and 30 of the largest federal organizations. Accenture Federal Services transforms bold ideas into breakthrough outcomes for clients at defense, intelligence, public safety, civilian and military health organizations. About Accenture Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 624,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners, and communities.

Read More

NanoGraf, U.S. Department of Defense Partners, Receives $1.65M Funding to Develop Longer Lasting Batteries for Soldiers

NanoGraf | July 21, 2020

NanoGraf, an advanced battery material company, today announced that it has partnered with the U.S. Department of Defense to develop a longer-lasting lithium-ion battery, designed to provide U.S. military personnel with better portable power for the equipment they rely on to operate safely and effectively. The Department of Defense will provide NanoGraf with $1.65 million to develop silicon anode-based lithium-ion technology in a format compatible with all portable batteries, with a goal of enabling a 50-100 percent increase in runtime when compared to traditional graphite anode lithium-ion cells. The $1.65 million grant is provided by The Small Business Innovation Research (SBIR) program, a U.S. government program whose mission is to support scientific excellence and technological innovation through investment in research in critical American priorities for a strong national economy.

Read More

Spotlight

For government employees, work isn’t a place anymore. It’s something they do, wherever and whenever the need arises. To reach decisions, build relationships, manage finances, and drive strategic value—even with today’s tight resources—mobile workers need the freedom to move beyond agency walls without leaving behind the resources they need to be effective. They need to be able to do anything, anywhere, and on whatever device is most convenient—including their own personal devices—from laptops to the latest tablets and smartphones.