Data and AI platform helps users speed up business decisions, enhance innovation, reduce costs and expand revenue A new study reveals that the industry leading SAS® Viya® data and AI platform helps users execute the life cycle of collecting data, building models, and deploying decisions 4.6 times faster than selected competitors, helping to increase innovation, speed up decision making, and […]

Today, HP Inc. (NYSE:HPQ) released the second annual HP Work Relationship Index (WRI), a comprehensive study that explores the world’s relationship with work. The study, which surveyed 15,600 respondents across industries in 12 countries, reveals that work is still not really working. Only 28% of knowledge workers have a healthy relationship with work, a one-point increase compared to last year’s […]

Telecoms service providers worldwide are upping their game to capture market share, grow revenue, and increase profitability by growing business in the small and medium-sized business (SMB) market, according to research conducted by GlobalData, a leading data and analytics company. Robert Pritchard, Principal Analyst, Enterprise Technology and Services at GlobalData, comments: “Given the historical fact that small businesses are the […]

The EU regulation that establishes a uniform legal framework for the development, market placement, service provision, and use of artificial intelligence (AI) systems, called the EU AI Act, has just been published in the Official Journal. The act is directly applicable in Romania, without further transposition measures and will enter into force within 20 days as of its publication date. […]

The era of the easy, frictionless supply chains is over. In a post-pandemic world, companies had to adopt a just-in-case strategy for their supply chains, where hoarding inventory offered a safety net for unforeseen supply chain disruptions. However, reworking supply chains is complex and expensive, with no quick fixes. As the world’s manufacturing hub, China controls many global supply chains. […]

Romania’s strategic decision to acquire and operate the F-35 Lightning II jets will not only strengthen the country’s defense and security capabilities and solidify its position within NATO, but also provide enormous opportunities for the involved industries. The F-35 is the only fifth-generation fighter currently in production capable of supporting job creation for the next 40 to 50 years. Its […]

In today’s dynamic economy, the financial year-end poses a significant challenge for Romanian companies. This process is not merely a formality but a strategic opportunity for analysis and planning. By taking a close look at financial performance and identifying trends, companies can proactively prepare for future challenges and develop sustainable growth strategies. 2023 saw numerous changes in tax and accounting, […]

Cloud computing has brought about a significant change in the way businesses function. It offers scalable, flexible, and cost-effective solutions that have transformed traditional business models. Cloud computing allows businesses to access and store data over the internet, which means they don’t have to rely on physical hardware or on-premises data centers anymore. Nicholas Carr’s “The Big Switch” draws a […]

The mergers and acquisitions (M&A) market in Romania slightly decreased in volume in 2023 compared to the previous year, but maintained its value, according to an analysis conducted by Deloitte Romania. The number of transactions with values over 5 million euros analyzed by Deloitte Romania was 130 last year, compared to 157 in 2022, when the local market reached a […]

Expectations for Generative artificial intelligence (Gen AI) remain high among global leaders, as eight out of ten (79%) respondents that participated to Deloitte’s study “The State of Generative AI in the Enterprise: Now decides next” expect the technology to transform their organization within three years. More than half of respondents report a strong focus on tactical benefits, such as improving […]

2023 saw many companies across the globe announcing layoffs amidst a continuous decline in job postings. Major players like JPMorgan Chase & Co, Ford Motor Co, SAP SE, Tesco Plc, Salesforce Inc, Cisco Systems Inc, and The Goldman Sachs Group Inc were among the companies that announced job cuts. Despite this, healthcare, foodservice, and construction witnessed an increased year-on-year (YoY) […]

Today, Dyson unveils the results of its first Global Connected Air Quality Data project, the largest study of indoor air quality globally. The project studies indoor air quality information collected by more than 2.5 million Dyson Purifiers from 2022 to 2023 to landscape air quality in real homes across the world, to a granularity never before seen. Whilst data is […]