Category: Opinion

Latest Thoughtworks Looking Glass announces the impact of technology on business transformation in 2023 and beyond

Latest Thoughtworks Looking Glass announces the impact of technology on business transformation in 2023 and beyond

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design, and engineering to drive digital innovation, released Looking Glass, a guide to the critical technology-driven shifts set to shape business in 2023 and beyond. “The new Looking Glass guide points out trends in the IT&C industry and gives us a much clearer picture of the impact that technology has […]

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eCommerce market in 2022: Slowing growth, high competition, and more frugal consumers

eCommerce market in 2022: Slowing growth, high competition, and more frugal consumers

After the pandemic, in which there was an unprecedented boom in online sales in Romania, in 2022, the ecommerce market registered a slower growth rate, being dominated by trends of “resettlement” in sales and “temperance” on the part of Romanian consumers, shows an analysis with the main conclusions of some of the most important providers of solutions for digital commerce. […]

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Limitless Agency: During Black Friday 2022, online stores registered 150,000 orders and over 20 million euros in revenues

Limitless Agency: During Black Friday 2022, online stores registered 150,000 orders and over 20 million euros in revenues

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 […]

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Surge in as-a-service models set to generate strong revenue growth beyond tech sector

Surge in as-a-service models set to generate strong revenue growth beyond tech sector

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 […]

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The ultimate guide to boosting and maintaining company morale remotely

The ultimate guide to boosting and maintaining company morale remotely

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 […]

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Shaping the Future of Work

Shaping the Future of Work

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, […]

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Norway tops KPMG’s first-ever Net Zero Readiness Index

Norway tops KPMG’s first-ever Net Zero Readiness Index

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 […]

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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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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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A reflection of 2020 in the transfer pricing analysis for Romanian manufacturers

A reflection of 2020 in the transfer pricing analysis for Romanian manufacturers

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 […]

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Romania’s M&A market recovering after COVID-19, KPMG survey reveals

Romania’s M&A market recovering after COVID-19, KPMG survey reveals

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 […]

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