News & Insights
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News & Insights
UK software specialist Aveva confirms purchase of OSIsoft for $5 billion
In a move to expand its services further, the British software provider Aveva Group has confirmed the purchase of SoftBank supported business OSIsoft for a total value of $5 billion. Industrial businesses have started integrating additional software into their manufacturing to reduce costs and improve their overall supply chains, benefiting businesses like Aveva. Aveva has […]
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News & Insights
Would the acquisition of TikTok be a good option for Oracle?
Oracle recently announced it has joined the race to acquire the US assets of very popular app TikTok. Microsoft is also in contention, whilst Twitter has been suggested as another interested party. In response to this news shares in Oracle rose by 2%, however, some analysts believe TikTok wouldn’t be a good fit for Oracle. […]
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News & Insights
The implications of big data in the finance industry
Innovative technologies including artificial intelligence and machine learning are transforming financial businesses and Big Data sits at the core of these new industries. With the support of AI, businesses can efficiently assess data for insightful and relevant information in a fraction of the time. AI can identify specific trends and patterns and display this information […]
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News & Insights
Finance teams focus investment plans in training and tech
NetSuite recently published their latest survey regarding priorities in the finance industry. The results are based on specific information from finance professionals and explore how finance teams have managed during the pandemic. The survey repeated certain themes and questions from the previous report to assess how priorities may have changed in recent months. Some of […]
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News & Insights
ENSEK confirms acquisition of data analytics business NrgFin
The former software-as-a-service (SaaS) platform provides energy solutions services, including billing, customer relationship and financial management. UK-based ENSEK, a specialist provider of software services for energy suppliers has confirmed it has acquired the consultancy and data analytics business NrgFin. The new deal represents a part of ENSEK’s growth strategy to expand further into other nations, […]
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News & Insights
Post Pandemic Finance – Transforming your legacy
CFO’s are making plans to prepare for a new age of finance transformation – the post-pandemic finance. How has the industry changes over the last two decades? For many businesses, a post pandemic finance industry involves making a significant move from just focusing on automating vital financial processes. A post-pandemic finance industry requires a more […]
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News & Insights
How Big data is supporting epidemic control and poverty alleviation
Big data has proven very useful in supporting epidemic control. In Guiyang, China, teachers are utilising a big data platform to monitor the physical conditions of their students. The province has made considerable efforts to boost the big data industry over the years. With the impacts of Covid-19, The Guiyang Education Bureau has created an […]
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News & Insights
How AI and Analytics can influence future business leaders
Businesses with great leaders have the ability to bring out the best in their workers. They are capable of making them productive, happy and more likely to remain with a business for a longer period of time. Businesses that lack this quality in leadership will inevitably experience higher employee turnover, creating higher recruitment and training […]
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News & Insights
How the recession is impacting Analytics and Data
For some years there has been a rising demand for data scientists but some industry experts are suggesting that this level of demand may be changing. The pandemic has had a number of impacts on economies worldwide, and as a consequence unemployment rates have increased. Businesses are starting to manage the economic slowdown and how […]
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News & Insights
Oracle launches new updates to help build resilient businesses
The planned updates announced by Oracle will enable finance teams to become more resilient in challenging times. The pandemic has placed considerable pressure on finance leaders. In order to make businesses more resilient and adaptive, Oracle has launched a series of important updates to the Oracle Fusion Cloud Enterprise Resource Planning and the Enterprise Performance […]
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News & Insights
Slack confirms acquisition of Rimeto
Slack has confirmed the acquisition of software as a service business Rimeto. The terms of the deal are yet to be announced. According to CrunchbaseRimeto raised $10 million in venture funding and is focused on delivering a comprehensive employee dictionary for businesses. This enables businesses and associated employees to view employee skills, experience and current […]
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News & Insights
How data science can reshape the post pandemic business
The rising role of data science during the pandemic Businesses from all industries are focusing their activities due to continued economic challenges associated with Covid-19. As a consequence, many companies are shifting their attention to financial preservation. Many industry analysts in the data industry are saying that businesses are not appreciating the importance of investing […]