During November 11-13, in which the most intense Black Friday 2022 campaigns took place, online stores registered almost 21 million euros in revenues, slightly increasing by 1.5% compared to the similar period of last year, according to data from Limitless Agency, one of the largest online marketing agencies in Romania. At the same time, the biggest order on Black Friday […]

Businesses’ readiness to adopt anything-as-a-service1 (XaaS) models has risen dramatically since the onset of the COVID-19 pandemic, with the technology sector leading the way and others gaining momentum. While today only 9% of surveyed businesses have completed XaaS transformations, most (85%) are at the progress stage – either piloting or operating at scale. This is according to EY report, As-a-Service […]

Maintaining morale across distributed teams can be a challenge. For all the positives of working from home, it can also lead to communication issues, divides between in-office and remote staff, and general feelings of isolation and disconnection, all of which can serve to erode morale and community for employees. It doesn’t help that the COVID pandemic threw many companies into […]

This year’s annual meeting of the World Economic Forum has been one of the most important since its foundation more than 50 years ago. Under the motto “history at the turning point” it provided a platform for prominent figures, including heads of state, experts and academics, innovators and the world’s foremost CEOs. In Davos TBD Media asked Andreas F.J. Obereder, […]

The oil-rich Nordic nation of Norway has been ranked number one in KPMG’s first-ever Net Zero Readiness Index (NZRI). The report compares the progress of a selection of countries in reducing the greenhouse gas emissions that cause climate change and assesses their preparedness and ability to achieve Net Zero by 2050. Using 103 indicators, recognized as key drivers to achieving […]

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 […]

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 […]

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 […]

The economic uncertainty generated by the COVID-19 pandemic is increasing the pressure on governments to ensure that tax bases are not diminished, especially in the context of the need to allocate resources to vital areas such as the public health sector, social measures, or business support in an effort to limit the adverse economic effects of the pandemic. Under the […]

The second edition of the KPMG publication “The M&A Landscape in Romania” shows increased  optimism among stakeholders, who expect further growth in Mergers & Acquisitions (M&A) activity in Romania in 2021. During the first months, the COVID-19 pandemic caused a lot of distress on the market, with transactions being postponed and uncertainty rising. Starting  from Q3 2020, many transactions have […]