Global Mergers & Acquisitions activity is expected to accelerate in the next six to twelve months due to low interest rates, a desire to acquire innovative, digital or technology-enabled businesses, and an abundance of available capital in the market, according to the PwC Global M&A Industry Trends report. Companies have over USD 7.6 trillion available in cash and marketable securities, and investment funds have accumulated USD 1.7 trillion.
“M&A activity in 2021 is to be marked by opportunity and transformation. As a result of the changes the COVID-19 pandemic has brought to the economy, many companies have realised that they need resources, new technologies and a skilled workforce to create long-term value, and that acquisitions are the fastest and most efficient way to deliver them. The competition will become fierce for companies that can meet or supplement those needs. However, consolidation will be inevitable for companies facing problems. Reflecting the global trend, the Ro
SLASSCOM’S RPA Conference paves the way for re-imagining business in the new age
January, 13, 2021
Progressing beyond awareness creation around Robotic Process Automation (RPA) to focus on operationalization of organizational structures, to facilitate and reap the benefits of RPA, the Sri Lanka Association for Software Services Companies (SLASSCOM) recently hosted a very successful RPA Conference 2020 virtually , engaging a host of top notch speakers and panelists from both the local and international arena.
The event kicked off with SLASSCOM’s Finance Director and Head of the BPM Forum, Jehan Perinpanayagam addressing the gathering and introducing the Guest of Honour , Head of UI Path – Asia Manish Bharti. “I appreciate the forward looking industry approach of Sri Lanka in the RPA space – the nation’s passionate drive and early adoption of RPA is encouraging,” said Bharti, adding that RPA technology “is a great leveller for the island to minimize the gap with big