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
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
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
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
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
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?
We live in an age of disruption — when new technology and behavioral shifts that would have seemed unimaginable even a few years ago are transforming the way we live. Artificial intelligence and robotics are fundamentally reinventing the workforce. Drones and driverless cars are transforming supply chains and logistics, even as they challenge policymakers to … More Seizing the upside of disruption