Recent global crises like the COVID-19 pandemic and the Ukraine war have spotlighted the crucial need for mature risk management capabilities across all industries and sectors. Boston Consulting Group (BCG) has published a report that examines the current state of risk management within the business world and sets out the practical measures that companies can take to move from aspiration to achiev...

A new report by The Conference Board reveals early signs of a race among European employers to hire AI-ready talent as companies grapple with a slowing economy, a hot labor market, and declining productivity. The report, A Hot Labor Market in a Chilling Economy, details a dramatic uplift in demand for cognitive, human-based skills over the last twelve months.

Skills like curiosity, teamwork, ada...

ISC2 – the world's leading nonprofit member organization for cybersecurity professionals – estimates the global cybersecurity workforce has reached 5.5 million people, an 8.7% increase from 2022, representing 440,000 new jobs. While this is the highest workforce ISC2 has ever recorded, the 2023 ISC2 Cybersecurity Workforce Study brings to light that demand is still outpacing the supply. The cy...

New data from Synergy Research Group shows that Q3 enterprise spending on cloud infrastructure services was over $68 billion worldwide, up by $10.5 billion from the third quarter of last year. That is the fifth successive quarter in which the cloud market grew by $10-11 billion from the previous year. The year-on-year growth rate was 18% in Q3, broadly in line with the previous two quarters.

The...

The mergers & acquisitions (M&A) market retrenched to even more depressed levels in the third quarter of 2023, according to S&P Global Market Intelligence'squarterly global Q3 2023 M&A and Equity Offerings Market Report. During the period, only 8,775 deals were announced around the world, down 17.3% from the prior quarter and 28.3% from year-ago levels. Equity issuance activity...

While there is an anticipation of global trade expanding by slightly over 3% in 2024, the pace of growth in Asia is forecasted to remain subdued and may not be as robust as it was in previous years. The key factor inhibiting growth can be attributed to an ongoing underperformance in exports, which is likely to continue in the short-term due to weaker demand from Asia's main export markets, suc...

A study of business leaders by DXC Technology has revealed that nearly half (46%) of executives say that technical debt, or tech debt, is the silent saboteur inhibiting their ability to innovate and grow.

Tech Debt is the implied cost of rework caused by choosing an "inferior but quick" solution over the "right" technology solution. In other words, while a past investment may...

Commercial real estate occupiers are willing to put their money where the tech is, according to new research data from JLL's 2023 Global Real Estate Technology Survey. Ninety-one percent of occupier respondents are willing to pay a premium for tech-enabled space as they look to technology for strategic value and increased revenue. In fact, real estate tech budgets are set to grow faster than i...

Employers across various U.S. industries and regions are struggling to meet their employees' health care benefits needs — and employee satisfaction, wellbeing and retention are at stake, according to the 13th annual Aflac WorkForces Report released by Aflac Incorporated, a leading provider of supplemental health insurance and products in the U.S. The Aflac WorkForces Report tracks the state of...