On 24 June 2026, the European Commission published its long-awaited EU tax simplification package, a major legislative initiative aimed at reducing complexity in EU direct taxation and supporting the competitiveness of businesses operating across the European Union. The package forms part of the Commission’s broader competitiveness agenda and responds to concerns from businesses that overlapping tax rules, reporting obligations and […]

Small and mid-sized retailers lost approximately 3.2 million euros in profit over the past year due to inventory errors, according to internal data from Selectsoft, a Romanian provider of ERP solutions for SMEs. At market level, losses generated by inefficient inventory management can account for between 5% and 15% of a company’s profit, while around 40% of small businesses either […]

An analysis conducted by a group of authors from Boston Consulting Group, including Balázs Kotnyek, Partner and Associate Director, and Zsófia Beck, Managing Director & Partner—both from the Budapest office—examines the current state of the renewable energy market, the challenges it faces, and possible solutions. Renewable energy sources—primarily wind and solar—have achieved remarkable success over the past decade. By the […]

Retail banks are at a critical inflection point. After decades of investment in digitalization, many banking institutions still struggle with fragmented processes, operational inefficiencies, and ever-rising customer expectations. A new joint report by Boston Consulting Group (BCG) and OpenAI, “How Retail Banks Can Put AI Agents to Work,” argues that the next wave of transformation will not come from incremental improvements, […]

Axis Communications, the industry leader in network video, today announced the release of its first annual Axis Perspectives report, a research-based publication examining the evolution of intelligent video and its expanding role. Backed by proprietary global research, expert insights, and real-world use cases, the report quantifies how intelligent video is enhancing security while increasingly driving safety, operational efficiency, and business […]

In 2026, the way companies develop and operate IT systems (DevOps) continues to evolve. The focus is no longer solely on speed and rapid scalability, but increasingly on operational sustainability and built-in security. The overarching direction is clear: simplifying complexity through intelligent platforms and optimized resource management. SoftServe, a leading global IT consulting and digital services provider, outlines five DevOps […]

Forvis Mazars Group, the international audit, tax and advisory services partnership, today reveals the results of its annual C-suite barometer and the outlook for businesses in 2026.  Drawing on the firm’s most comprehensive global survey to date, the C-suite study shows that business adaptability is considered the key to success. Capturing views from over 3,000 executives across 40 countries and […]

Finance departments of global companies are adopting new technologies at a fast rate and already see clear benefits from using intelligent automation, artificial intelligence and AI agents in their function, according to the Deloitte study Finance Trends 2026, conducted globally among companies with annual revenues exceeding US$1 billion. More than six out of ten (63%) of the surveyed finance leaders […]

White Image, Romania’s largest email marketing agency, announces the release of its most comprehensive digital benchmark report for 2025. The study aggregates data from over 250,000 campaigns and a record volume of 1.5 billion emails, providing an unprecedented overview of Romanian consumer behavior across 18 business sectors. In a year marked by fiscal changes and fierce competition for user attention, […]

In 2025, humanoid robots crossed a Rubicon: for the first time, they began to be sold not only to corporations but also to everyday consumers. Unitree R1 and 1X NEO — pre-orders are already open for these home-use models. The pace will only accelerate. China plans to produce 10,000 humanoids annually by 2027; Elon Musk is launching mass production of […]

New research commissioned by Endava, the technology-driven business transformation group whose AI-native approach combines cutting edge technology with deep industry expertise, reveals a significant readiness gap among global financial services and fintech firms on agentic AI adoption.  The findings suggest that readiness is currently more aspirational than operational, as 92% of global leaders feel prepared to embed the technology, yet […]

Schneider Electric, a global energy technology leader, today unveiled new global research titled “Open vs. Closed: The $11.28M Question for Industrial Leaders.” The report reveals that closed industrial automation systems are quietly eroding competitiveness, costing mid-sized organizations an average of 7.5% of their revenue.  The research, conducted by Global Analysts firm Omdia, highlights how these costs stem from operational inefficiencies, […]