VALUABLE LESSONS FROM GLOBAL IT OUTAGE Organisations around the world are still recovering from one of the biggest ever IT outages. On Friday 19th July 2024, a glitch caused by a faulty software update from CrowdStrike, an American digital security vendor, affected 8.5million Microsoft Windows devices. Flights were grounded, hospital appointments postponed, and several news […]
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HAS YOUR BUSINESS BEEN FULLY RESTORED FOLLOWING GLOBAL DISRUPTION? As we reported on Friday, businesses across the globe were disrupted with, what we now know, was a simple maintenance software update. https://businesstechnologyleaders.com/news/global-tech-issues-20240719 Demonstrating that these essential updates can have a significant impact on any business regardless of size, often outside of your control. We advise
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BUSINESS ACROSS ALL INDUSTRIES DISRUPTED GLOBALLY TODAY WITH TECHNOLOGY ISSUES Today’s global IT outages have highlighted the importance of Technology in modern businesses. Now is a good time to review your IT and Business Continuity Plans (BCP). Whether you were affected today or not. Business Technology Leaders are available to assist if you would like
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IT SCARED AWAY POTENTIAL COMPANY BUYERS Wiggle was considered an example of e-commerce done well and thoughtfully. But parent company Signa Sports United (SSU) hit trouble in 2023 and was unable to find a buyer as their operating fixed overheads including IT scared away the 24 potential buyers that parties that signed non-disclosure agreements, including
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UNLOCKING EUROPE’S POTENTIAL Despite a challenging landscape across Europe, there is cause for optimism. As well as looking at FDI (foreign direct investment) numbers, 72% of business leaders said they plan to expand or establish operations in Europe within the next year—up from 67% in 2022. This indicates that Europe is still a key territory
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EUROPE FACES CHALLENGES WHILE TECH AND FINANCE BOOST THE U.K.In 2023, Europe experienced slow economic growth, soaring inflation, rising energy costs, and a precarious geopolitical landscape. Foreign investment is essential for job creation, innovation, export growth, and a strong economy—but investors are cautious.France, the U.K., and Germany continue to attract around half of European FDI
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U.K. IS BUCKING THE TREND AS EUROPE BLEEDS FOREIGN DIRECT INVESTMENT In a surprising turn of events, the U.K. emerged from recession with 0.6% growth in the first quarter of 2024, the fastest rate in two years. The country appears to be diverging from the rest of Europe, which is facing significant challenges. Europe’s foreign
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PRIVATE EQUITY CHANGING BUSINESS MODEL Higher interest rates and a still sluggish new listings markets have made it harder to sell holdings and return cash to investors. Higher interest rates have fundamentally changed the game for private equity firms, forcing a rethink of how they do business. Between 2010 and 2021, borrowing accounted for half
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PRIVATE EQUITY SHARED OWNERSHIP INITIATIVES Higher interest rates and a still sluggish new listings markets have made it harder to sell holdings and return cash to investors. That in turn has made it more difficult to raise new funds because pension funds, endowments and family offices have less money to allocate and a growing array
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