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Value of M&A deals abroad by Chinese buyers soars to a record high
22-May-2013
Chinese enterprises have been playing an important role in the cross-border M&A arena, with deal values increasing from US$10.3 billion in 2008 to a record high of US$65.2 billion in 2012, more than five times growth over the past five years, according to announced data and PwC analysis. It resonates a new global M&A dynamic...
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Co-creation is Driving Innovation, Collaboration and Customers into Dealerships
22-May-2013
DETROIT, 22 May 2013 ― Technology has put co-creation in the fast lane and automotive companies that leverage social mediums and data to engage stakeholders will likely have a competitive advantage, according to Looking ahead: Driving co-creation in the auto industry, a new study released today by PwC. Companies using...
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Businesses urged to tackle disaster risk reduction in new UN / PwC led initiative
20-May-2013
A new report by the UN International Strategy for Disaster Reduction (UNISDR) and PwC warns that large multinationals' dependencies on international supply chains, infrastructure and markets poses a systemic risk to 'business as usual'. The findings come after a separate report, the UN's Global Assessment of Risk (GAR13) report...
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Cloud, Software-as-a-Service and Mobile Trends Redefine the Software Industry
15-May-2013
Evolutionary changes in cloud, software-as-a-service (SaaS), IT consumerisation and mobile are fundamentally reshaping how software companies do business, the PwC Global 100 Software Leaders market research report found. Key data and feedback reflect that:• SaaS is gaining traction: Although SaaS represented only 4.9 percent of...
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Momentum growing for better public accounting
13-May-2013
Governments around the world are increasingly taking steps to improve their accounting and achieve greater transparency – amidst growing recognition that the accounting framework traditionally used by the public sector isn't fit for the 21st century. A PwC survey covering 100 countries reveals that while only 24% of governments...
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PwC, Microsoft in Strategic Alliance
07-May-2013
PwC and Microsoft Corp. have formed a strategic alliance to help companies engaged in enterprise transformation projects using Microsoft Business Solutions technology. With this agreement, PwC becomes the first professional services network with an arrangement that allows it to build business transformation on Microsoft...
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Skills Gap Is Hindering Growth For Businesses – PwC Report
02-May-2013
Business leaders are calling for government to prioritise initiatives that help foster a skilled workforce, as more than half of CEOs around the world (58%) say a lack of key skills is hampering their growth prospects. A global PwC survey of over 1,300 CEOs reveals that business leaders see the availability of key skills as the...
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PwC Response to the European Parliament's Legal Affairs Committee (JURI) vote on audit proposals
30-Apr-2013
Many of the changes proposed by the European Parliament's Legal Affairs committee are sensible and will improve the effectiveness of the draft legislation and enhance its impact on audit quality. However there are a number of measures, such as mandatory firm rotation, that we believe could be counterproductive to audit quality...
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Cloud Services Demand Grows for Telecommunications Sector, PwC Research Finds
24-Apr-2013
Reduced spending on IT, increased competition and an overall struggle to find growth in traditional revenue lines are leading telecommunications operators to increase investment in the cloud services market, PwC finds in a new research paper, "Cloud Enabled Telco Opportunities." The crucial question for Telcos is whether they...
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Mike Davies
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