• 68% of respondents believe their companies and investments will deliver a growth rate of more than 50% over the next one to two years

• 92% say digital transformation will be the leading lever respondents deploy to achieve higher growth rates and position their companies for the future

• More than half (67%) also feel cross-border deals will be crucial to reinventing companies

• Economic volatility (92%) and regulatory challenges (90%) will be the main obstacles to higher growth rates in the year ahead.

Digital transformation, JV alliances, reskilling of staff and M&A have emerged as key tactics for private equity firms looking to supercharge the growth of target companies 18 months into the COVID-19 pandemic.

And while growth expectations are slightly down on pre-pandemic optimism, the PE firms targeting high-growth companies are remarkably bullish about their prospects as the world stumbles into recovery.

The results are the focus of Baker Tilly International’s newly released report, Global dealmakers 2021 – Scale and speed: Fast-growing companies defy their limits, produced in association with Mergermarket.

As part of the research, Mergermarket interviewed PE funds that predominantly invest in fast-growth companies, seeking their insights into the drivers of growth after nearly two years of upheaval.

Their views provide a roadmap of best practices others can follow as they look for ways to grow and expand in what is still an uncertain and complex world.

The report found most respondents were confident the pandemic would prove to be a short pause for breath rather than an enduring setback in their search for growth.

An impressive 68% of private equity respondents remain confident the fast-growth companies they have invested in will deliver growth of more than 50% over the next one to two years.

A further third of respondents (30%) feel they can achieve growth of between 25% and 50%.

But to make these predictions a reality will require companies to double down on digital transformation, according to Baker Tilly Corporate Finance Lead Michael Sonego, who says investment in digital tools and technology has never been more important.

Even before the pandemic, digital transformation was a key priority for most businesses but the crisis had accelerated the rapid shift to digitalization.

“Digital has always been a differentiator but the past 18 months have shown it to be critical not only for reducing the impact of COVID-19 but as a competitive advantage, enabling better business insights and faster decision-making,” he said.  
 
“Digital transformation is providing companies with options, whether it is supply chain management or introduction of e-commerce platforms for businesses that traditionally haven’t engaged with customers in that way.
 
“This is a trend that shows no sign of slowing.”

Despite ongoing issues with travel, many PE investors are returning to international markets for growth.

Among respondents, 67% say that despite the ongoing difficulties of completing cross-border deals, they remain committed to international expansion and the broader globalisation of their businesses.

The remaining third are focusing on domestic markets, at least for now.

Ongoing uncertainty and regulation in key markets continues to pose challenges to fast growth in 2021, however.

In particular, economic volatility was cited as a concern for 92% of respondents, followed by regulatory challenges (90%) and further uncertainty and disruption related to COVID-19 (87%).

Despite the lingering volatility, PE groups were confident the right investment strategy could still lead to aggressive growth.

“For more than two-thirds of dealmakers to believe they can achieve a 50% or higher growth rate in the next two years is a sign that they are becoming more nimble and able to respond to uncertainty,” Mr Sonego said.

“Private equity has adapted to the volatile investment market exceptionally well, changing investment strategies to take advantage of new markets and digital transformation, while balancing risk by being flexible on investment timeframes and exit plans.”

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Digital transformation and M&A vital to achieve higher growth rates amid economic uncertainties and ongoing pandemic challenges appeared first on OpenBusinessCouncil Directory.

Strategic Alignment Will Speed Customers’ Time to Data-Driven Insights

TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world’s most complex data-driven challenges. Today, TIBCO announced it has successfully closed the acquisition of Information Builders, Inc. (ibi) following its announcement in October to acquire the business. The acquisition marks the addition of ibi’s data management and analytics capabilities to the advanced TIBCO Connected Intelligence platform.

The formal integration of ibi into TIBCO began in early January, following the end of ibi’s financial year end on December 31, 2020.

“We’re excited to recognise the exceptional technology and great reputation built by ibi, and we look forward to providing our existing and future customers with an even broader range of innovative, data-driven solutions to support faster, smarter digital transformations,” said Dan Streetman, chief executive officer, TIBCO.

With the acquisition closure, TIBCO will focus on business alignment and resource mapping for the ongoing health and support of its expanded customer base and worldwide partner network. TIBCO’s range of advanced products, including the award-winning TIBCO Spotfire and TIBCO Cloud Integration offerings, will provide ibi customers and partners with an array of additional modern solutions to solve their critical business challenges. ibi’s offerings will further enhance TIBCO’s portfolio, delivering even more value to new and existing clients across the numerous industries where TIBCO and ibi share deep expertise.

“This represents a significant opportunity for TIBCO and ibi as customers strive to become data-first enterprises. There is tremendous potential for any platform that can integrate and manage data to create intelligent workflows for employees, partners, and customers,” said Howard Dresner, chief research officer, Dresner Advisory Services.

ibi’s leading data quality, preparation, and integration products are a valuable addition to the TIBCO Any Data Hub and TIBCO Responsive Application Mesh strategies announced at TIBCO NOW 2020 in September. Further, the addition of ibi’s analytics solution, WebFOCUS, will both strengthen and enrich the power of the TIBCO Hyperconverged Analytics offerings.

About TIBCO

TIBCO Software Inc. unlocks the potential of real-time data for making faster, smarter decisions. Our Connected Intelligence platform seamlessly connects any application or data source; intelligently unifies data for greater access, trust, and control; and confidently predicts outcomes in real time and at scale.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Enterprise Data: TIBCO Completes Acquisition of Information Builders appeared first on OpenBusinessCouncil Directory.

In November 2019, TNC successfully closed the first batch of mergers. In dealing with the first batch of mergers, the base swap rate was 1 billion TNC Coins per company. However, for the 2nd batch of merger companies, TNC introduced a new swap base rate of 100 million TNC Coins — significantly lower than 1st batch’s allocation.

With reference to the given figures, 1 trillion TNC Coins will not be released to the market unconditionally. But will be released to the market in accordance with the merger process at a certain rate based on the merger stage. Evidently, the first five merger companies were given preferential treatment for trusting us at an early stage.

In short, as the merger program proceeds with the newest concept of Proof-of-Merger (POM), the TNC headquarters will also receive operational tokens at the same rate.

Once the 2nd merger is performed, 1 billion swaps would be adjusted to 100 million. Thus, the tokens with the difference in its total supply might be burned, as much as the number of the 2nd mergers. The tokens held by the foundation will be burned equally as much as the mentioned burned amount.

“We at TNC will proceed with a new merger verification method, in which the tokens to be released in the market are adjusted according to the progress of the project. That said, we strive to complement the shortcomings of existing ICO companies and establish themselves as a more competitive system,” said the company in a statement.

What is the Proof-of-Merger method?

The Proof-of-Merger method is an operation carried out by TNC with its mergers securely within the TNC mainnet. The process starts with pre-issued coins agreed upon in the Crypto M&A token swap agreement. After proceeding to the token swap, the allocated coins are equally divided among the mergers.

Whenever the merging process has concluded, the TNC Coins related to this operation will be released at the same rate in parallel. In addition to this, if the current volume — as per the merging date — is different from the swapped coins during the merger, the difference will immediately be burned.

The whole process is guaranteed through our Proof-of-Merger consensus system, a method that facilitates automatic token burning to sustain coin price in the market. Proof-of-Merger also ensures that all foundations, merger companies, and users exist under fair conditions.

As mentioned before, as a result of these changes, preferential treatment will be given to the first five merger companies. In order to proceed with the project with the meaning of the start of the first merger, the users of the first five companies and the coins held by each company have a staking treaty rather than incineration,
so that the difference from other companies is to be made.

Rather than no proceeding with the incineration of the currently granted TNC Coins, “we intend to borrow a system of Proof of Stake that supports annual interest of 20% for the amount of coins that are staked for on year and staked monthly,” added the company.

“Therefore, we aim to prevent the market overload and maintain fairness with 2nd and 3rd batch of mergers. TNC, which has now migrated to its mainnet coin, is ready to be adopted through exchanges and the novel Real Research platform.

After 2 years of long preparation for this project, we are now trying to bring blockchain technology to the world as a truly decentralized system. We are currently preparing for listing with exchanges quickly, so look forward to it,” TNC commented.

According to above chart, the coins of users who have staked are paid sequentially after 12 months and receive annual interest of 20% every month. 90% of staking is paid interest, and 10% of unlocked coins and interest can be transferred directly to the exchange.

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post TNC’s Merge Program: New Proof-Of-Merger To Validate 2nd Batch Of Merger Companies appeared first on OpenBusinessCouncil Directory.