Category: FOCUS

CIEL România: The future belongs to the digitalized companies

CIEL România: The future belongs to the digitalized companies

From the internal studies done by CIEL Romania, one of the most important software producers for entrepreneurs, it resulted that 45% of the Romanian companies made investments in digitalization during the pandemic. In more than half of the cases (61.2%) the amounts allocated to the automation of processes were smaller than 1,000 euros, in the rest of the situations the […]

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Romania Ranks 34th in the World in Digital Quality of Life Index 2021

Romania Ranks 34th in the World in Digital Quality of Life Index 2021

The third annual edition of the Digital Quality of Life Index (DQL) ranks Romania 34th among 110 countries. Covering 90% of the global population, the DQL study is conducted by the cybersecurity company Surfshark and evaluates countries based on a set of five fundamental digital wellbeing pillars. Romania ranks within TOP 30 internet affordability (ranks 27th), e-security (22nd), and internet […]

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Private Cellular Networks Spend to Approach $12 Billion by 2023, Catalysed by 5G Capabilities

Private Cellular Networks Spend to Approach $12 Billion by 2023, Catalysed by 5G Capabilities

A new report by Juniper Research has found that the enhanced capabilities of 5G are driving enthusiasm and awareness of private cellular networks; bringing annual spend on network hardware and services to almost $12 billion globally by 2023, growing 116% from the $5.5 billion expected for 2021. 5G deployments have a key role to play here: over 60% of base […]

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Cybercrime pays, and companies are writing big checks

Cybercrime pays, and companies are writing big checks

Cybercrime is one of the world’s largest industries and defending against it is one of the largest IT spends companies make these days. HPE’s 360-degree view of security is meeting that challenge. When we think of large, global industries, there are very few in the massive realm of trillions of dollars. The global healthcare industry, the global education market, the […]

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Enterprise spending on BPO services in India to increase at 5.8% CAGR over 2020-2025

Enterprise spending on BPO services in India to increase at 5.8% CAGR over 2020-2025

The total addressable market size of business process outsourcing (BPO) services in India, in terms of spending opportunity, is set to grow at a compound annual growth rate (CAGR) of 5.8% between 2020 and 2025, driven by huge enterprise push for outsourcing knowledge-based and vertical-specific processes, says GlobalData, a leading data and analytics company. Pragyan Tarasia, Senior Technology Analyst at […]

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Innovative startups will disrupt and drive development of edge computing, observes GlobalData

Innovative startups will disrupt and drive development of edge computing, observes GlobalData

The market for edge computing solutions is diverse and becoming ever more competitive. Edge computing opportunities are being targeted by IT infrastructure vendors, as well as telecoms network operators, cloud service providers, content delivery networks (CDNs) and systems integrators. GlobalData, a leading data and analytics company, has explored startups that have been targeting the emerging edge computing opportunities with innovative […]

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Global Smart Grid Deployment to Save over 1,000 Terawatt Hours in Energy by 2026, as Sustainability Drives Deployment

Global Smart Grid Deployment to Save over 1,000 Terawatt Hours in Energy by 2026, as Sustainability Drives Deployment

A new study from Juniper Research has found that global smart grid deployments will lead to annual energy savings of 1,060 terawatt-hours by 2026, from 316 terawatt-hours in 2021. This is the equivalent of powering over 42 million 90-minute football matches at Wembley stadium. The research identified increased sustainability and energy security as critical to the appeal of smart grids, […]

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CIOs and IT leaders accelerated their finance transformation strategies by at least a year due to COVID-19

CIOs and IT leaders accelerated their finance transformation strategies by at least a year due to COVID-19

CIOs and IT leaders are helping to lead finance transformation and shifting strategies to meet evolving business and technology demands, as 70% of them accelerated their finance transformation strategies by at least a year due to COVID-19, according to the Deloitte report “A More Effective CIO-CFO Partnership”, conducted in collaboration with Workday, a leader in enterprise cloud applications for finance […]

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Global CEO confidence returns to pre-pandemic levels

Global CEO confidence returns to pre-pandemic levels

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic. The KPMG 2021 CEO Outlook, which asked more than 1,300 global CEOs about their strategies […]

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UiPath, the Romanian-born unicorn, is running into a crowding field

UiPath, the Romanian-born unicorn, is running into a crowding field

UiPath Inc.(PATH), the first Romanian unicorn, born in a modest Bucharest apartment, has been moving quickly since its IPO this April to position itself to lead a new tech market that is poised to expand massively in the near future. The global Robotic Process Automation Market is expected to grow to more than 18 billion USD in 2027 from 2.7 […]

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Increasing Competition for Remote Work Positions Leads to Proliferation of New Generation Job Boards

Increasing Competition for Remote Work Positions Leads to Proliferation of New Generation Job Boards

Since the onset of the COVID-19 lockdown, many companies have moved their hiring operations and job-interview practices online. As a result of these changes, data-driven job boards—websites that aggregate job listings from various internet sources—have become an essential part of finding employment, as well as recruitment. It has been estimated that remote work postings have doubled during the pandemic granting […]

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Cost is the most important factor in consumers’ decision to subscribe to a video streaming service; the pandemic has amplified the appetite for video games across generations

Cost is the most important factor in consumers’ decision to subscribe to a video streaming service; the pandemic has amplified the appetite for video games across generations

Cost is the most important factor in deciding to subscribe to a brand new video streaming service for almost half of the consumers (46%), according to Deloitte Digital Media Trends 2021 report, driving 55% of respondents to choose free, ad-supported video services. The report also highlights that price sensitivity is key across all types of entertainment services, as respondents using […]

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