Remove 2020 Remove Measurement Remove Reporting Remove Uncertainty
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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 97
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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.

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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
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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.

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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.

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CDW to Acquire Sirius Computer Solutions for $2.5 billion

CDW Research Hub

The combined company would have had 2020 net sales of $20.5 One of the largest IT solutions integrators in the United States, Sirius generated 2020 net sales of $2.04 Combining with Sirius is expected to expand CDW’s Services portfolio by approximately 45%, from approximately $900 million annual net sales in 2020 to approximately $1.3

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5 Tips to Manage Cash Flow Pressures

Jet Global

In 2020, businesses around the globe are watching cash more closely than ever. Alongside the P&L and balance sheet, the statement of cash flows is the third (and sometimes overlooked) report in the triad of basic financial statements. Not surprisingly, many companies have deferred capital expenditures in the first half of 2020.