EY infuses blockchain into enterprises and across industries with launch of EY Ops Chain

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

Technology M&A – 4Q16 / year in review: Digital disruption propels industry shifts & record annual value

Second-order effects of the core disruptive digital technologies — mobile, social, cloud and big data analytics — helped 4Q16 drive full-year 2016 to a second consecutive all-time high for annual tech M&A aggregate value — despite a 15% drop in M&A value for all industries over the same period. While some signs point to moderating … More Technology M&A – 4Q16 / year in review: Digital disruption propels industry shifts & record annual value

Survey shows utilities’ cybersecurity not keeping up with technology

An overwhelming majority (89%) of power and utility executives say their cybersecurity function does not fully meet their organization’s needs, according to the EY Global Information Security Survey 2016-17. That number continues to rise compared with last year (86% in 2015) as companies struggle to manage increased risk from growth in digital and connected devices. … More Survey shows utilities’ cybersecurity not keeping up with technology

Looking back on 2016: EY Law delivers fifth consecutive year of double-digit growth

As 2016 draws to a close, it is timely to reflect on EY’s announcement of combined global revenues of US$29.6b for its financial year ended 30 June 2016. Overall, financial year (FY) 2016 revenue grew by 9% in local currency. Opportunities emerging from disruptive technologies helped deliver the fifth consecutive year of double-digit growth for … More Looking back on 2016: EY Law delivers fifth consecutive year of double-digit growth

Digital transformation spurs value records: EY Global technology M&A report – 3Q16 final look

Ongoing tech company transformations, rising private equity and cross-industry blur drove second consecutive quarterly record for big-ticket deals. Digital transformation marches on. Tech and non-tech companies alike are being disrupted by innovative digital technologies and are turning to M&A in search of solutions. That fuelled another blockbuster quarter for global technology M&A during 3Q16. Meanwhile, … More Digital transformation spurs value records: EY Global technology M&A report – 3Q16 final look

Technology companies pursue growth through dealmaking and digital innovation

What is driving tech M&A at such high, sustained levels? As technology and non-technology companies alike are being disrupted by innovative digital technologies — as they face the same unforgiving economic and business environment — they are turning to M&A in search of solutions. Technology executives see current M&A trends continuing The vast majority of … More Technology companies pursue growth through dealmaking and digital innovation

Internet of Things: the possibilities and legal risk in media & entertainment

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

Legal disruption in a blockchain-enabled world

While the internet is a world-changing medium for information exchange, blockchain is the first native digital medium for peer-to-peer value exchange. EY’s analysis of blockchain suggests it may have the most impactful potential of the entire portfolio of disruptive technologies that are now emerging. But it also has the most obstacles to success, ranging from … More Legal disruption in a blockchain-enabled world

Privacy trends 2016: can privacy really be protected anymore?

As a concept, privacy, and the need to protect it, has been around for decades. Yet the programs and governance structures in place to turn the concept of privacy protection into reality remain, if not in their infancy, then certainly in their adolescence. In EY’s Global Information Security Survey (GISS) 2015 privacy questionnaire, 38% of … More Privacy trends 2016: can privacy really be protected anymore?