While the future of the UK and European Union (EU) trade relations may still be unclear, telecommunications firms should be preparing for the departure of the UK from the EU in March 2019. Upon leaving the EU Customs Union, the UK will either have a free-trade agreement with the EU or trade between the two jurisdictions … More Telecom firms must prepare for Brexit
Read the full report here. A number of social, economic and technological trends are working together to disrupt mobility. The automotive industry, in particular, is experiencing a massive amount of change. In the not-too-distant future, fully autonomous vehicles will be the norm rather than the exception, redefining urban mobility as we know it — and … More The evolution in self-driving vehicles: Trends and implications for the insurance industry
A defining element of the digital economy is that services are provided for free to consumers. The quid pro quo is that the service supplier (for example, Google) can monetize the data generated by the consumer, often in ways in which the consumer is not fully aware. Based on this business model, future car manufacturers … More Connected cars: Navigating the competition law implications
Some companies in the technology, media and telecommunications sector are doing it differently — and seeing results. A new study from Parthenon-EY shows that, when it comes to best practices in capital budgeting, top performers from the technology, media and telecommunications segments (TMT) might be onto something. That is, these leaders share a handful of … More Can the capital allocation process be a competitive advantage?
The paradigm shift to digital is well underway The global telecoms industry landscape is changing faster than ever. Erosion of legacy revenue streams driven by over-the-top (OTT) competitors continues, forcing operators to consider new ways of remaining relevant to consumer and enterprise customers. While many have embarked on journeys to become digital service providers, the … More Digital transformation for 2020 and beyond: A global telecommunications study
EY has announced the launch of EY Ops Chain, a set of applications and services aimed at helping organizations commercialize the use of blockchain technology across the enterprise. EY Ops Chain combines blockchain-based services developed jointly by EY and industry collaborators, combining EY’s full range of consulting, tax and audit expertise to drive enhanced business … More EY infuses blockchain into enterprises and across industries with launch of EY Ops Chain
Divestments are top of mind in corporates’ capital agenda strategy this year as companies seek to extract maximum value from strategic sales, according to EY’s 2016 Global Corporate Divestment Study, Learning from private equity: experts at extracting hidden value, an annual survey of corporate and private equity executives out earlier this year. Reflecting the increasing … More Divestment appetite more than doubles in 2016 with companies funding growth through strategic sales
The historic decision by the voters of the UK to leave the EU marks a significant change for the UK and EU and will impact other trading partners such as the US. However, all EU directives and regulations, as well as the treaties themselves, remain in force in respect of the UK until it formally … More Navigating Brexit: Tax and legal implications for life sciences
The Internet of Things (IoT) describes the connection of devices — any devices — to the Internet using embedded, software and sensors to communicate, collect and exchange data with one another. With IoT, the world is wide open, offering a virtually endless array of opportunities and connections at home, at work or at play. However, … More Internet of Things: the possibilities and legal risk in media & entertainment
Amid ongoing economic and political uncertainty, the global IPO market will continue to be a stop-start affair in 2016. However, greater clarity regarding the economic and political landscape will emerge by the end of the year, allowing companies to reinvigorate their IPO strategies, while the recent growth in the availability of private capital will continue … More Delayed but not derailed: global IPO market looks ahead to 2017
