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Showing posts from March, 2023

How are Technological Advancements helping to Reshape Global Economic Growth?

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  With the market power of technology on the rise, organizations are exploring and identifying how technology and intangible assets are changing the global economy. The biggest contrast between the industrial revolution and the technology revolution lies in the assets and wealth derived from them. While the technological revolution is critically different, a qualitative assessment enables organizations to establish a relationship between the financial and economic qualitative underpinnings of the view.  It is vital to recognize the pattern of the diffusion of technology with a focus on the current monopoly practices. Modern technology is driven majorly by the faster adoption of  automation software.  While monopoly wealth is considered as an intangible asset basis, the monopoly advantage is derived from intangible assets and the acquisition of smaller companies.   How have technological changes accelerated and made suggestions for organizations to address t...

Technology Outlook 2023: How is Blockchain Changing the World?

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  Digitalization is rapidly advancing, and the digital world is expanding exponentially. Most of the population is becoming more comfortable with technology and is completely changing the way they operate and work. With their advancement, there can also be seen a shift in many industries, as they are rapidly digitizing their operational framework.  The financial sector was one of the first industries to be affected by digitalization. Banks, credit card companies, and payment processors started adopting new blockchain technologies to offer better services and a more user-friendly experience to their users. The fields of law, healthcare, and education further followed and have been rapidly changing to keep up with digitalization.   While these advances can be challenging to adopt and understand, it is imperative to adapt and prepare for the brave new world that is being forged by blockchain technologies. This paradoxical push is leading the world towards a future drive...

What is ESG, and Why is It Important for Risk Management?

  Professionals in the finance and insurance industries want to know the relevance of ESG data services in risk management and prescriptive analytics used in mitigating business threats. They wonder how they can increase the financial sustainability and operational efficiency of the enterprise employing them. This post will discuss what makes ESG important in risk management. What is ESG? ESG encompasses rigorous analytical investigations into corporate compliance across sustainability accounting metrics describing environmental, social, and governance performance. Therefore, business leaders seek exceptional  ESG advisory services  based on a holistic performance management framework to improve their ratings. Investors, regulators, and company owners are the primary stakeholders in ESG audits and related integration services. While they agree that sustainability accounting principles are important enablers of advanced risk management, they use ESG for specific objectives. For ...

Top Data Analytics Certification Programs to Explore in 2023

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  In the age of information, the internet today has made it easy for all to gain information whenever and wherever they need it. Every organization is dependent on data to formulate enhanced strategies for future growth. However, for them to succeed in this digital world, they need to create a knowledge-based society by studying the current trends.   The sudden outburst of data in the last decade is transforming businesses. Companies - big or small - are basing their business decisions on data-led insight. And data specialists have a tremendous role in designing  business strategies  and marketing tactics. While the demand for data specialists is on the rise, the supply remains low. This has led to the creation of great job opportunities for individuals within this field. Data analysts are an essential part of major organizations today, and experts are increasingly concerned about the rising talent gap within the field.   Whether you are an entry-level...