Remove 2020 Remove Measurement Remove Reporting Remove Uncertainty
article thumbnail

IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Tata Consultancy Services experienced its slowest profit growth since 2020 in the December quarter, and Infosys failed to meet its quarterly profit expectations.

IT 78
article thumbnail

Tips to Achieve Tax Agility in 2021

Jet Global

By any measure, 2020 has been a difficult year for organizations to navigate. Changing tax laws, global regulatory scrutiny, and rigid reporting deadlines have already contributed to a challenging environment for corporate tax teams. Governments may also consider new and under-used tax bases.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Humans and AI: How Should You Talk About AI? Be Positive or Give Warnings?

DataRobot

The auditor’s report contained both good news and bad news. In a July 2020 interview with the New York Times , Musk expressed his opinion that London research lab DeepMind is a “top concern” when it comes to artificial intelligence. AI and Uncertainty. Some people react to the uncertainty with fear and suspicion.

article thumbnail

Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting. Invariably, these activities have seen added stress in 2020. Reporting frequency should also be a consideration. Tip 3: Make decisions with operational data.

Finance 98
article thumbnail

Top Five Financial KPIs for the Construction Industry

Jet Global

At the start of 2020, construction was projected to grow at 4.5 Now that every industry is facing a prolonged period of uncertainty, having access to accurate, up-to-date information is more critical than ever. Measured by taking revenues and subtracting things like taxes and expenses, net income is simply another word for profit.

article thumbnail

From Triage to Recovery: The New F&A Journey

Jet Global

Fortunately, the level of uncertainty has fallen considerably, as many businesses are beginning to re-open, albeit with some restrictions and under capacity restrictions. Maintain close relationships with key suppliers and consider taking measures to defend against supply chain interruptions.

article thumbnail

Misleading Statistics Examples – Discover The Potential For Misuse of Statistics & Data In The Digital Age

datapine

With the rise of advanced technology and globalized operations, statistical analyses grant businesses an insight into solving the extreme uncertainties of the market. These controlling measures are essential and should be part of any experiment or survey – unfortunately, that isn’t always the case. Let’s look at one of them closely.