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August 30, 2021

Farnek strengthens its security credentials by contracts worth AED 10 million in H1 2021

Markus Oberlin, CEO, Farnek, said: “These latest contract wins recognise our security expertise and our understanding of the needs and demands of clients across a variety of sectors along with with new adopted technologies."
by | 2 min read
August 30, 2021

How will utilities survive? By truly embracing service

“It is kind of scary for those of us representing the incumbent player,” TronderEnergie Chief Digital Officer, Svein Erik Jorgensen said in a recent IFS MindFuel event on the energy and utilities industry. “Behind-the-meter technology for local production and storage of energy optimization is really advancing at a rapid pace while the prices for these local authorities are steadily declining.”
by | 3 min read
August 29, 2021

Newest FortiGuard Labs shows tenfold rise in ransomware

According to FortiGuard Labs statistics, average weekly ransomware activity was more than tenfold higher in June 2021 than a year ago. Over the course of a year, this shows a continuous and overall steady increase.
by | 4 min read
August 26, 2021

How to create an agile supply chain

Supply chains are complex networks where over 80% of the data and processes sits within partner systems. To see and act on the latest picture of your supply chain, your company needs that data from each of your partners, but the problem is most companies rely solely on an enterprise-centric approach to solve a multi-enterprise problem.
by | 3 min read
August 25, 2021

MBZUAI welcomes second cohort of students for the 2021 fall semester

ProfessorEric Xing, President of MBZUAI, said: "From the moment we welcomed our first students, we aimed to welcome the world to Abu Dhabi to advance AI and solve some of the world's great challenges. Our second cohort reflects the diversity of skills and backgrounds in the development of technology, thereby the betterment of businesses, society, and economies in UAE and beyond."
by | 2 min read
August 24, 2021

Alibaba earns top spot in global Visual Question Answering Leaderboard

This is the first time a machine has outperformed people in interpreting images to answer text questions, with Alibaba's algorithm achieving an accuracy rate of 81.26 percent in answering image-related queries, compared to 80.83 percent for humans.
by | 2 min read
August 23, 2021

Agility – The doorway to finance transformation in the digital age

Utilizing agile and scrum to redefine approaches to core activities like financial planning and analysis, internal audit, and financial close can position management accountants to better support the unprecedented number of transformation initiatives organizations embark upon today. Further, the agile finance function can realize elevated outcomes, maximized value, and expedited delivery.
by | 3 min read
August 22, 2021

Year of the 50th- UAE marks its Golden Jubilee this year

The UAE has been impressive in its progress since the unification of its Emirates. With over 40 years of history, the UAE has made significant contributions to medical, educational, technological and social fields.
by | 3 min read
August 21, 2021

Facebook reveals Community Standards Enforcement Report, Q2 2021

To kick off new series of reports, we're releasing the top 20 most viewed domains, links, Pages, and posts in the United States. Transparency Center makes these reports available and to include in future reports.
by | 4 min read
August 21, 2021

IMA report shows strong focus on digital transformation in finance & accounting

Regarding the overall digital transformation of finance, it has already occurred to a large extent for slightly more than half of the large companies (1,000 or more employees). This is significantly higher (by close to 50 percent) than the digital transformation within the finance function of small companies (less than 50 employees).
by | 4 min read