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 […]

New research from Schneider Electric, the leader in the digital transformation of energy management and automation, has revealed that almost half (45%) of industrial companies believe digitalization will be the primary reason that new operational technology (OT) job roles will be created in the next three years. The research, commissioned by Schneider Electric and carried out by global research leader […]

White Image, the first and largest email marketing company in Romania, estimates that the automation of the relationship with consumers will accelerate in the local market, leading to cost reductions and an increase in loyalty by up to 30%. The greatest impact is noted in areas such as financial banking, insurance, automobile, and e-commerce. Starting from the automation in the […]

The Black Friday 2023 edition saw a slight 12% increase in online sales compared to last year to more than €25 million, while the number of online users increased by 13% and the number of transactions increased by 4% overall, shows a report of data from over 400 stores for the period 10-12 November, made by Limitless Agency, one of […]

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, today released findings from a new global study that reveals there is consumer appetite for businesses using generative AI (GenAI) in the innovation of products and services, yet only where businesses are transparent and proactively communicate how they are using it. The research examines what consumers expect […]

Over 60% of Romanian entrepreneurs estimate losses between 1,000 euros and 10,000 euros monthly in the absence of effective business promotion on Facebook and other social networks, according to a study conducted by the digital marketing agency Marketing Deck. Although 77% of participants believe it is very important to constantly create content on social media, less than a third do […]

Despite a global pandemic, supply chain shocks, and rising geopolitical tensions, the payments industry revenue pool grew by 8.3% between 2017 and 2022 to reach $1.6 trillion. However, slower growth is on the horizon, according to new research by Boston Consulting Group (BCG). The report, titled Global Payments Report 2023 is being released today. BCG’s 21st annual analysis of the […]

Romanians are increasingly attracted to the idea of opening their own business, especially in the franchise system, to have financial security. Thus, interest in franchising courses, which would prepare them to open a business in this system, increased by 50% in 2023 compared to last year, with men being the most eager to learn how to open their own business, […]