Forward-thinking accountants understand that AI is a tool that will help them transition to a business model where the focus shifts from selling intellectual capital and efficiencies, says an industry expert.
The old, familiar processes and workflows may be comfortably predictable, even if outdated, says an industry expert, noting that as companies begin to prepare for post-Covid recovery, the need for a change is harder to ignore.
Natural gas demand is set to rebound strongly in 2021 with global demand expected to rise by 3.6% before easing to an average growth rate of 1.7% over the following three years, according to a new report by the International Energy Agency (IEA).
Bimetallic strips have commonly been used in thermostats to flag a potential overheating of air conditioners, geysers, refrigerators and circuit breakers before the occurrence of potential mishaps.
While the July Opec+ meeting never concluded as the UAE, Saudi Arabia and Russia failed to overcome their differences, Opec+ has successfully stood the test of time and differences in the current standoff are surmountable, a report said.
The weeklong Suez Canal disruption in March demonstrated that the global trade, including its LNG segment, highly depends on this crucial trade route, while alternative routes are inconvenient and more costly.
As part of their leadership responsibilities, chief information officers (CIOs) should leverage their influence and technology resources to take an active role in advancing diversity, equity and inclusion (DEI) initiatives, according to Gartner.
While 96 percent of global business travellers are willing to travel for business over the next 12 months, addressing their demands for flexibility may prove essential for companies’ long-term success, a report said.
Customers in the Middle East need personalised service with minimal interactions, which forces public and private service providers to digitally transform their business models, a report said.
The growth of hydropower plants worldwide is set to slow significantly this decade, putting at risk the ambitions of countries across the globe to reach net-zero emissions while ensuring reliable energy supplies, said IEA in a new report.