Latest news with #digitalTransformation
Associated Press
3 hours ago
- Business
- Associated Press
Caseware Launches Cloud Audit – A Next-Generation Solution for Singapore's Audit Professionals
Singapore, June 29, 2025 (GLOBE NEWSWIRE) -- Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the launch of Cloud Audit, a powerful, cloud-based audit platform purpose-built for Singapore's audit professionals. Designed to accelerate audit transformation, Cloud Audit is aligned with the Institute of Singapore Chartered Accountants (ISCA) methodology, helping firms to meet Singapore's regulatory and professional standards with confidence. 'With the launch of Cloud Audit, we're bringing a modern, collaborative and secure audit solution tailored to the needs of Singapore's practitioners,' said Sarah Butler, head of solutions, APAC at Caseware. 'Already available and gaining significant traction in Australia, this platform is designed to help firms embrace digital transformation, improve efficiency and stay ahead of evolving compliance requirements.' Early adopters of Cloud Audit in other countries across Asia Pacific are already seeing measurable benefits. Accru Felsers, an award-winning accounting firm in Australia, reports improved team collaboration and faster turnaround times since implementing the solution. Jean Zhang, audit and assurance partner, remarked, 'With Cloud Audit, we update one template, and every new file reflects that - saving us weeks of work. It's fast, consistent, and accessible from anywhere. After trying it, we wondered why we didn't make the switch sooner.' Didarul Khan, director at Auditeo, the next-gen auditors and forensic audit experts, added, 'We were actively looking for a cloud-based audit solution and, after reviewing several products, we selected Caseware for its functionality and integration. It has been a game-changer for us, particularly the risk assessment feature, which allows us to clearly identify key risks and design targeted responses. The software helps to customise the scope of each engagement in a smart and efficient way and, thanks to the integration with Cloud Financials, preparing statutory financial reports post-audit is now much faster and more streamlined.' Thanks to Caseware's Artificial Intelligence Digital Assistant, Caseware AiDA™, customers will benefit from AI-powered tools within their audit workflow. Caseware AiDA provides real-time guidance for complex audit challenges and summarises detailed documents in seconds, turning complex information into actionable insights that drive better decision-making. Operating natively within Caseware Cloud, Caseware AiDA delivers consistent, secure integration into audit workflows for enhanced productivity. Key Features of Cloud Audit include: Cloud Audit also supports remote work, improves productivity through automation and allows firms to modernize audit processes in line with global digital trends. Showcasing innovation at ISCA Tech Fair 2025 Caseware will participate in ISCA's Tech Fair 2025, scheduled for July 11 at ISCA House. The event serves as a major platform for accounting professionals to explore emerging technologies and their applications within the profession. Located in the SMP-focused zone on Level 4, Caseware will host live product demonstrations and discussions focused on audit innovation. Attendees can engage with the Caseware team to explore how its solutions are used to enhance audit efficiency, collaboration and compliance across practice sizes. -ends- Attachment Elise Sallis, VP, Head of Global Communications Caseware [email protected]
Yahoo
4 hours ago
- Business
- Yahoo
Caseware Launches Cloud Audit – A Next-Generation Solution for Singapore's Audit Professionals
Sarah Butler, Head of Solutions, APAC - Caseware Singapore, June 29, 2025 (GLOBE NEWSWIRE) -- Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the launch of Cloud Audit, a powerful, cloud-based audit platform purpose-built for Singapore's audit professionals. Designed to accelerate audit transformation, Cloud Audit is aligned with the Institute of Singapore Chartered Accountants (ISCA) methodology, helping firms to meet Singapore's regulatory and professional standards with confidence. 'With the launch of Cloud Audit, we're bringing a modern, collaborative and secure audit solution tailored to the needs of Singapore's practitioners,' said Sarah Butler, head of solutions, APAC at Caseware. 'Already available and gaining significant traction in Australia, this platform is designed to help firms embrace digital transformation, improve efficiency and stay ahead of evolving compliance requirements.' Early adopters of Cloud Audit in other countries across Asia Pacific are already seeing measurable benefits. Accru Felsers, an award-winning accounting firm in Australia, reports improved team collaboration and faster turnaround times since implementing the solution. Jean Zhang, audit and assurance partner, remarked, 'With Cloud Audit, we update one template, and every new file reflects that - saving us weeks of work. It's fast, consistent, and accessible from anywhere. After trying it, we wondered why we didn't make the switch sooner." Didarul Khan, director at Auditeo, the next-gen auditors and forensic audit experts, added, 'We were actively looking for a cloud-based audit solution and, after reviewing several products, we selected Caseware for its functionality and integration. It has been a game-changer for us, particularly the risk assessment feature, which allows us to clearly identify key risks and design targeted responses. The software helps to customise the scope of each engagement in a smart and efficient way and, thanks to the integration with Cloud Financials, preparing statutory financial reports post-audit is now much faster and more streamlined.' Thanks to Caseware's Artificial Intelligence Digital Assistant, Caseware AiDA™, customers will benefit from AI-powered tools within their audit workflow. Caseware AiDA provides real-time guidance for complex audit challenges and summarises detailed documents in seconds, turning complex information into actionable insights that drive better decision-making. Operating natively within Caseware Cloud, Caseware AiDA delivers consistent, secure integration into audit workflows for enhanced productivity. Key Features of Cloud Audit include: Real-Time Collaboration – audit teams can work simultaneously on engagements, with instant visibility into updates. Automatic Updates – ensures seamless deployment of compliance and template updates, reducing manual intervention. Built-in Analytics – provides real-time insights to support smarter, data-driven decision-making. Streamlined Reviews – enables managers and partners to easily review and oversee critical engagement areas. Enterprise-Grade Security – delivers advanced encryption and secure data hosting to protect sensitive client information. Cloud Audit also supports remote work, improves productivity through automation and allows firms to modernize audit processes in line with global digital trends. Showcasing innovation at ISCA Tech Fair 2025 Caseware will participate in ISCA's Tech Fair 2025, scheduled for July 11 at ISCA House. The event serves as a major platform for accounting professionals to explore emerging technologies and their applications within the profession. Located in the SMP-focused zone on Level 4, Caseware will host live product demonstrations and discussions focused on audit innovation. Attendees can engage with the Caseware team to explore how its solutions are used to enhance audit efficiency, collaboration and compliance across practice sizes. -ends- Attachment Sarah Butler, Head of Solutions, APAC - Caseware CONTACT: Elise Sallis, VP, Head of Global Communications Caseware in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Data Center Colocation Market worth $204.4 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 27, 2025 /PRNewswire/ -- The Data Center Colocation Market is expanding rapidly, with a projected market size rising from USD 104.2 billion in 2025 to USD 204.4 billion by 2030, at a CAGR of 14.4% during the forecast period, according to a new report by MarketsandMarkets™ This growth is driven by the surge in AI and high-density GPU workloads, which demand specialized cooling systems and power architectures. At the same time, enterprises are building hybrid-multicloud interconnection ecosystems to ensure seamless data flows and application portability across multiple platforms. Stricter data-sovereignty regulations covering hosting location, residency requirements, and AI privacy also push organizations toward colocation facilities that can guarantee compliance and secure data governance. Together, these factors accelerate digital transformation across healthcare, finance, and high-performance analytics sectors. Browse in-depth TOC on "Data Center Colocation Market" 247 – Tables 58 - Figures277 – Pages Download PDF Brochure @ Scope of the Report Report Metrics Details Market Size Available for Years 2020–2030 Base Year Considered 2024 Forecast Period 2025–2030 Forecast Units USD Billion Segments Covered service type, service scale, workload type, organization size, end user Geographies Covered North America, Europe, Asia Pacific, Middle East & Africa, Latin America Companies Covered Equinix (US), Digital Realty (US), NTT Data Corporation (Japan), QTS Data Centers (US), KDDI Corporation (Japan), Iron Mountain (US), China Telcom (China), CyrusOne (Texas), DataBank (Texas), EdgeConneX (USA), Switch (US), CoreSite (US), Aligned Data Centers (Texas), Flexential (US), TierPoint (US), Cologix (US), ScaleMatrix (US), AT&T (US), Global Data Systems (US), Data Foundary (US), 365 DataCenters (US), Kao Data (UK), Verizon (US), T-Systems (Germany) General Purpose IT will register the largest market share during the forecast period General purpose IT, encompassing standard compute, storage, and networking workloads, is the largest workload type segment in the Data Center Colocation Market during the forecast period, driven by enterprises' ongoing digital transformation initiatives and cloud migration strategies. Businesses of all sizes continue to deploy mission-critical applications ERP, CRM, virtualization platforms, and web hosting on colocation infrastructure to ensure high availability and cost predictability. As hybrid IT architectures become mainstream, companies favor colocation partners that offer seamless integration with public clouds and private environments. Meanwhile, demand for HPC & AI workloads is growing rapidly, spurred by high-performance analytics and machine-learning projects, but it remains a smaller segment due to specialized infrastructure requirements and higher power densities. The ubiquity of general purpose IT workloads, flexible pricing models, scalable power options, and robust service-level agreements, underpins its dominant market share. Request Sample Pages@ Hyperscalers is poised for fastest growth rate during the forecast period Hyperscaler, as the fastest-growing end-user segment in the Data Center Colocation Market during the forecast period, is expanding rapidly due to its enormous demand for scalable capacity, advanced automation, and energy-efficient infrastructure. Leading cloud providers and large digital platforms increasingly rely on colocation partners to support bursting workloads, accelerator-heavy computing, and global expansion without the capital-intensive burden of self-building. Hyperscalers benefit from standardized, high-density rack deployments, direct interconnection ecosystems, and co-located edge sites that reduce latency for latency-sensitive applications. Enterprises typically seek flexible contract terms, managed services, and regional coverage to complement their on-premises data centers. The combination of hyperscalers' need for modular growth, sustainability targets, and integrated service offerings underscores their role as the primary catalyst for segmental expansion. North America will account for the largest market during the forecast period North America will likely be the largest regional segment in the Data Center Colocation Market during the forecast period, driven by widespread enterprise and hyperscaler investments in cloud and edge infrastructure. The US and Canada host the highest concentration of colocation facilities, offering robust interconnection hubs, advanced network density, and integrated service portfolios. Key industries, including technology, finance, healthcare, and media, rely on North American colocation providers for rapid deployment, strict data sovereignty compliance, and scalable capacity to support peak workloads. In addition, aggressive renewable energy targets and sustainability initiatives are prompting operators to adopt high-efficiency cooling and green power procurement. Europe follows as the second-largest market, with growth fueled by GDPR compliance and expanding hyperscaler footprints in major hubs like Frankfurt and London. North America's mature regulatory framework, high IT spending per capita, and leading-edge ecosystem ensure it will retain the largest share of the regional segment. Inquire Before Buying@ Top Key Companies in Data Center Colocation Market: The major players in the Data Center Colocation Market include Equinix (US), Digital Realty (US), NTT Data Corporation (Japan), QTS Data Centers (US), KDDI Corporation (Japan), Iron Mountain (US), China Telcom (China), and CyrusOne (Texas). Browse Adjacent Markets: Data Center and Networking Market Research Reports & Consulting Related Reports: Network Emulator Market - Global Forecast to 2030 Data Center Rack Market- Global Forecast to 2030 Network Slicing Market - Global Forecast to 2030 Autonomous Networks Market - Global Forecast to 2029 Edge Data Center Market - Global Forecast to 2028 Get access to the latest updates on Data Center Colocation Companies and Data Center Colocation Industry About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Entrepreneur
3 days ago
- Business
- Entrepreneur
Indian Startups Redefine Growth Playbook: Meta Report
Nearly 9 in 10 startups now collaborate with creators, often within their first two years, to build brand affinity and reach. These partnerships are helping young brands establish trust quickly in a crowded digital environment. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India's startup ecosystem is entering a new phase of maturity, with emerging businesses rapidly reshaping their growth strategies through AI adoption, deeper market penetration beyond metros, and global expansion, according to a new report released on World MSME Day by Meta in collaboration with Alvarez & Marsal India. The report draws insights from 100 high-growth startups across sectors and maps six core levers driving their current trajectory: artificial intelligence, cross-border scale-up, omnichannel retail strategies, deeper presence in Tier II and III markets, category diversification, and creator-led brand building. It underscores the accelerated digital transformation that has taken hold across India's startup landscape, no longer an aspiration, but a strategic necessity. More than 70 per cent of startups surveyed have already integrated AI into their operations, with 87 per cent of adopters reporting a significant (~30 per cent) improvement in marketing cost efficiency. AI applications are particularly advanced in sectors like healthcare, edtech, and beauty, powering personalized customer experiences and predictive analytics. "AI, tiered expansion, and omnichannel models are no longer future bets—they're foundational to execution today," said Himanshu Bajaj, managing director & head – Alvarez & Marsal India and GCC. He noted that early-stage ventures are deploying these tools with surprising agility. The omnichannel approach is proving equally critical, with 67 per cent of startups embracing models that fuse online discovery via digital ads, WhatsApp, or Reels with offline retail, especially in lifestyle categories. This blended consumer journey has become standard, not optional. Expanding into Tier II and III cities is also becoming essential for scale. Most startups surveyed are already making inroads into these regions, with service-based companies often reaching them earlier than product-based counterparts. Local language content and regional influencers have become instrumental tools in these markets. A growing number of startups, 52 per cent, are also venturing abroad. With strong global interest in Indian-origin products, markets such as the US, UAE, and UK are emerging as top destinations. Aakriti Rawal, co-founder of House of Chikankari, credited Meta's AI-led campaigns with helping the brand achieve a 30 per cent higher ROI while expanding globally. Category diversification is gaining momentum, with 84 per cent of startups moving beyond core offerings to strengthen consumer engagement. Noise CEO, Gaurav Khatri, emphasized that for smart wearables, performance and innovation are now the primary levers. "90 per cent of our campaigns leverage A+ to scale efficiently," he said. The rise of the creator economy is another standout trend. Nearly 9 in 10 startups now collaborate with creators, often within their first two years, to build brand affinity and reach. These partnerships are helping young brands establish trust quickly in a crowded digital environment.
Forbes
4 days ago
- Business
- Forbes
Control What You Can: A Blueprint For Thriving As A Legacy Company
Scott Murphy, President and Chief Executive Officer, Jewelers Mutual®. While tradition and heritage are valuable assets for legacy companies, they can sometimes create a false sense of security in the face of rapid change. Technological change and evolving customer expectations are irresistible forces that, if you are not careful, can easily overwhelm your company's infrastructure in a matter of months. If you lead an established company, you likely already feel the strain between preserving what works and staying relevant. I have experienced this firsthand at my company, which has more than 100 years of history, and I have learned that staying still is not an option. Our transformation has included digitizing core processes, acquiring new businesses, and reimagining how we support customers and partners across our industry. These are all tried and true practices, but what makes them effective strategies in managing change is how you execute them: with a proactive approach and a belief that change can help you maximize your success instead of toppling it. Creating A Blueprint For Change-Management Here are four actionable strategies I recommend to other legacy business leaders looking to drive growth while honoring their company's roots: Resistance to change is often your biggest internal threat. I have found that success in overcoming it starts with how you communicate change. For example, our company began tying every change initiative to a customer outcome and ensured all levels of leadership could clearly explain the "why" behind the initiative. We also made it a habit to involve employees early through ideation sessions and to provide regular updates. Celebrate your progress often, even small wins—it helps build momentum and normalize innovation. Legacy companies typically have the resources and trust to lead disruption—but you must be willing to rethink even your most successful offerings. We recognized the need to modernize jewelry insurance at the point of sale, which led us to develop a mobile app. It was a bold shift from traditional models, but the decision to act proactively—before our customers demanded it—gave us a competitive edge. Ask yourself: What part of your business are you afraid to touch? That is often where innovation needs to happen most. Many organizations collect customer feedback, but the differentiator lies in how effectively that feedback is synthesized and acted upon. By combining usage trends from your various touchpoints (such as your website and mobile app) with data from service centers and post-interaction surveys, you can identify friction points and iterate quickly. For example, we implemented a unified customer data platform that allows us to proactively resolve service pain points, improve digital self-service functionality and strengthen omnichannel support. These insights have informed product enhancements and led to measurable improvements in engagement and satisfaction. I encourage you to invest in tools that centralize and surface feedback, whether they be a CRM system or custom dashboard. More importantly, empower your teams to act on what they learn. I have found that true personalization is not about having more data—it is about using that data to show customers you are listening and can meet them where they are. Build influence, create space for innovation, communicate your progress effectively, and empower your teams to do the same. In my experience, focusing on what can be controlled—and not letting things outside of that control paralyze your progress—is key. Establish a framework that empowers employees at every level to take ownership of ideas and drive initiatives forward. Look for technology solutions that generate measurable ROI, such as reducing manual processes through automation and digitization. I also recommend investing in self-service tools and streamlined digital platforms that directly support customer experience and business growth. This kind of proactive mindset can not only accelerate progress but also build organizational confidence and support a culture where innovation is continuous and sustainable. The Advantages Of Embracing Change By prioritizing continuous adaptation, you can regularly assess and adapt your business processes, product offerings and customer engagement strategies. You can also foster stronger, more long-term customer relationships. With expertly tailored personalized communication and a commitment to customer satisfaction, these relationships can feel more valuable to the customers they are meant to serve. Conclusion Legacy companies often have strengths that younger organizations do not, including history, trust and a strong foundation. I have seen how honoring our past while building boldly toward the future can be a winning combination. If you pair that foundation with a customer-first mindset, the right tools and a willingness to challenge assumptions, your legacy can not only survive, but thrive. Change is inevitable. Growth is optional. Choose to grow. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
