In today’s business world, the trend towards coverage and consolidation is becoming more prevalent. This phenomenon is observed even in the absence of widespread adoption of artificial intelligence. Large corporations are attempting to expand their reach by acquiring other companies rather than relying on organic growth. This is despite the fact that acquisition is not

The IT and technology sector has experienced a talent shortage for a long time. However, recent news indicates that companies like Twitter, Microsoft, Google, Amazon, and others are downsizing their staff, despite citing over-hiring during the COVID-19 pandemic and underperforming employees. This has resulted in massive layoffs across the global sector to boost earnings per

The potential for generative AI to revolutionize industries and society as a whole is tremendous. As more people become aware of the capabilities and possibilities of this technology, we can expect to see a wave of big changes in the way we work and live. Once generative AI becomes widely accepted and integrated into society,

The 2023 Global Financial Crisis has already begun to send shockwaves through the global economy, with both the US and Europe seeing major bank institutions shut down at lightning speed, requiring government intervention to stabilize the markets. As concerns grow about whether this crisis will lead to a repeat of the 2008 Global Financial Crisis,

The financial crisis storm that has been triggered by the recent collapse of US Silicon Valley Bank has raised concerns about the stability of the banking system and its impact on the global economy. The collapse of the bank has been followed by that of Signature bank, which has further heightened market concerns. The US

As a business leader, it is crucial to stay abreast of emerging technologies such as generative AI and understand how they can impact your organization. While it is tempting to solely rely on media coverage or the reactions of others to these technologies, true visionary leaders need to project their potential impact in the future

As the world continues to grapple with the effects of the COVID-19 pandemic, businesses are facing unprecedented challenges. Economic slowdowns in major economies, including the United States, China, and the European Union, are causing a lot of concern for business leaders. In addition, the emergence of new COVID-19 variants and ongoing conflicts such as the

The rise of AI has been one of the most significant technological advancements of the 21st century. It has impacted the world in numerous ways, including the way we work, live, and interact with each other. One of the key benefits of AI is the way it can assist in improving productivity. While there may

Productivity has always been an important metric for businesses and individuals alike. The ability to produce more output with less input has been the driving force behind economic growth and progress throughout history. However, in the new era, productivity is being redefined by the emergence of new technologies such as artificial intelligence (AI) and robots.

The rise of the project economy is a global phenomenon that is transforming the way businesses operate. It involves a fundamental paradigm shift that requires existing business practices to adopt the use of projects to handle work and solve problems. This approach can deliver tremendous value and exceed stakeholders’ expectations through successful completion of value-generating

The dawn of AI robots has ushered in a new era of technological transformation that is changing the way we work, live and interact with the world around us. Whether we call it the age of Artificial Intelligence or AI infused everything, it is clear that this is just the beginning of a massive shift

As technology continues to evolve and emerge, it is not surprising that it has affected the job market. One of the latest trends in the technology industry is no-code/low-code, which helps eliminate IT skills shortage. However, even without the implementation of AI and robotics, the technology industry has already cut down 3 million jobs by

The world is in a state of transition, moving from a globalized approach to a localized one, which is being referred to as “Glocalisation.” This change is a result of the increasing influence of technology and the rise of the digital economy. The rise of globalization can be traced back to post-World War II, where

Don’t downplay the significance of the mass IT layoffs caused by the recession. Many people see these layoffs as a sign of a recession, but they fail to understand the transition to the Fourth Industrial Revolution (Industry 4.0) where AI and robots will play a crucial role in shaping the future world. Big tech companies

In 1999, Bill Gates wrote a book called “Business @ the Speed of Thought” that discussed the integration of technology and business. This marked the beginning of the digital economy, which has continued to evolve to the present day. The concept of the “digital nervous system,” as opposed to the analog, is a frequently cited

The digital transformation of the past 18 years has brought about exciting advancements in Artificial Intelligence (AI), Automation, and Robotics. These technologies are no longer novel in the market and have been greatly improved, such as the breakthrough of generative AI like ChatGPT. This has opened up new opportunities to increase overall workforce productivity and

Next wave of tech transformation is arrived now, it serves as a wake-up call for everyone, from individuals to enterprises. In November 2022, ChatGPT was released for public review and in just two months, it has taken the world by storm with its artificial intelligence (AI) capabilities. This is a classic example of a disruptive

In the past year, we have seen a trend of large companies laying off significant numbers of employees, often in the tens of thousands. This trend is expected to continue in the near future as economic uncertainty, inflation, supply-chain disruptions, geopolitical conflicts, and the ongoing COVID-19 pandemic have all been cited as reasons for these

Data Center Transformation beyond Multi-Cloud is an important step towards modernizing infrastructure for businesses. Data Centers are crucial for enabling the consumption of various services, both directly and indirectly. Direct services include computing, servers, storage, and infrastructure equipment, as well as co-location and cloud computing hosting provided by global players in the industry. It’s well-known

The global tech industry has seen over 55,000 layoffs since the start of 2023, with 12,000 coming from Google and 10,000 from Microsoft alone. The tech sector is among the first to react to economic downturns due to its high level of digitalization. According to layoff.ai, 25,436 tech employees have been laid off by 101