Month: March 2021

Connections: Returns on investments in digitalization, between 300-800%, depending on industry and optimized operations

Connections: Returns on investments in digitalization, between 300-800%, depending on industry and optimized operations

According to Connections data, a leader on the Romanian digital transformation market, most large and medium Romanian companies will allocate more than 20% of their turnover for digitalization in the next 2 years. Before the pandemic, local companies budgeted between 10% and 20% of their revenue for technology processes, but there is now accelerated growth in the area of AI-based […]

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Online commerce platform, Stockday, extends its services

Online commerce platform, Stockday, extends its services

Four years since its launch, Stockday, business-2-business online trading platform, developed by HEINEKEN Romania, extends and diversifies its offer, by including the portfolio of Coca-Cola HBC Romania, the leader of the local beverages industry. The expansion takes place following the closing of a partnership between the two companies, which involves the sale by HEINEKEN Romania of a package of shares, […]

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World Backup Day: EMEA CXOs plan to leverage cloud-based backup by 2023

World Backup Day: EMEA CXOs plan to leverage cloud-based backup by 2023

On World Backup Day 2021, research published in the Veeam Data Protection Report 2021 has found that the majority of EMEA businesses plan to leverage cloud services as their primary method for data protection by 2023. This trend reflects CXOs recognition of the need to modernise their data protection capabilities, improving the reliability and efficiency of backups, while reducing complexity […]

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Vodafone powers the first smart forest in Romania to prevent illegal logging

Vodafone powers the first smart forest in Romania to prevent illegal logging

Vodafone announces, for the first time in Romania, a smart forest project, connected to the Supernet network. The forest, located in Covasna County, was equipped with a system for real time monitoring and warning on sounds specific to forestry operations, which helps fighting against illegal logging. The project is part of Vodafone’s mission to protect the environment and a call […]

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Nearly half of global CEOs don’t expect to see a return to ‘normal’ until 2022

Nearly half of global CEOs don’t expect to see a return to ‘normal’ until 2022

CEOs of the world’s most influential companies are planning what the ‘new reality’ will look like post-pandemic. The 2021 KPMG CEO Outlook Pulse Survey finds that almost half (45 percent) of global executives do not expect to see a return to a ‘normal’ course of business until sometime in 2022, as opposed to nearly one-third (31 percent) who anticipate this […]

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Digital archiving reduces companies costs with more than 20%

Digital archiving reduces companies costs with more than 20%

According to data provided by EAD Digital, the most important player on the Portuguese digital archiving market, also present in Romania, companies that choose to transform their physical documents into cloud accessible e-documents can reduce their costs with more than 20%. The local industry increased significantly last year in the context of the coronavirus pandemic and the new trend of […]

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Digital learning: educational challenges, building a learning culture, and adapting along the way

Digital learning: educational challenges, building a learning culture, and adapting along the way

Nowadays, a successful business requires not only competence development to solve current and future business issues but learning experiences for the rapid mastering of new skills, the shaping of new mindsets, and lifelong learning. These learning experiences should be proactive, data-driven, cost-efficient, and transparent, but most importantly, they should be digital. Mazars, together with e-Learning Company, conducted in December and […]

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Xiaomi reports solid revenue and profit growth for 2020

Xiaomi reports solid revenue and profit growth for 2020

Xiaomi Corporation (“Xiaomi” or the “Group”; stock code:1810), an internet company with smartphone and smart hardware connected by an Internet of Things (“IoT”) platform at its core, announced its audited consolidated results for the year ending on December 31, 2020. In 2020, Xiaomi’s total revenue for the year amounted to RMB245.9 billion, representing an increase of 19.4% year-over-year; adjusted net […]

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Veeam Announces New Enhancements to its ProPartner Network in EMEA

Veeam Announces New Enhancements to its ProPartner Network in EMEA

Veeam® Software, the leader in Backup solutions that deliver Cloud Data Management™, has enhanced its ProPartner Program for Value-Added Resellers (VARs) across EMEA with an additional multi-million dollar investment. Aligned to Veeam’s 2021 channel strategy, the enhancements will reward partners that demonstrate core competencies and see Veeam strengthen its joint network of VARs, Veeam Cloud & Service Providers (VCSPs) and […]

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Mobinology Asia announces strategic partnership with DRUID AI technology

Mobinology Asia announces strategic partnership with DRUID AI technology

A new strategic partnership just sprung in the Asian technology market – Mobinology teams up with DRUID to enable AI-driven conversational capabilities in large digital transformation projects across the APAC region. Mobinology Asia is a major business software solution provider, specialized in delivering innovative solutions for data-driven marketing and customer engagement, while DRUID is a leader in conversational AI technologies […]

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Family businesses are well-positioned to lead the revival of the global economy

Family businesses are well-positioned to lead the revival of the global economy

A new report from the STEP Project Global Consortium and KPMG Private Enterprise has demonstrated how the unique structure of family businesses has empowered them to respond to the impact of COVID-19. The study found that the involvement of the family and their long-term mindset has enabled them to demonstrate resilience in the pandemic, placing them in a key role […]

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58% of Data Backups are Failing, Creating Data Protection Challenges and Limiting Digital Transformation Initiatives

58% of Data Backups are Failing, Creating Data Protection Challenges and Limiting Digital Transformation Initiatives

Data protection challenges are undermining organizations’ abilities to execute Digital Transformation (DX) initiatives globally, according to the Veeam® Data Protection Report 2021, which has found that 58% of backups fail, leaving data unprotected. Veeam Software, the leader in Backup solutions that deliver Cloud Data Management™, found that against the backdrop of COVID-19 and ensuing economic uncertainty, which 40% of CXOs […]

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