cfotechoutlook

The Quintessential Technology Source for Corporate Financial Professionals

Copyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorSarah DawsonEditorial StaffAaron Pierce Ava Garcia Leah JaneJoshua ParkerVisualizer*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditor's NoteSarah DawsonManaging Editoreditor@cfotechoutlook.comRedefining Businesses Valuation with TechnologyThe traditional methods of valuing a business no longer cut it as the economy becomes more globalized and companies become increasingly complex. From the increasing use of AI and machine learning to the rise of environmental, social and governance (ESG) factors, new developments are transforming the way the value of a business is assessed.According to a report by HTF Market Intelligence, the global business valuation market is valued at $14.56 billion in 2023 and is projected to reach $19.32 billion by 2028, registering a CAGR of 5.64 percent from 2023 to 2028. This remarkable growth is attributed to many tech-driven advancements reshaping the business valuation sector. AI and ML algorithms are being used to evaluate large amounts of data and identify trends, which is particularly beneficial when valuing businesses with complex data sets­­a common scenario in the tech industry. Big data analytics can improve business valuation by converging data from multiple systems and driving more meaningful insights. This edition of CFO Tech Outlook delivers a bird's-eye view of the recent developments in the business valuation space and insights into how organizations are adopting innovative ways to enhance business valuation processes.We have curated thought leadership articles from industry experts, including Selena Ling, Chief Economist & Head of Treasury Research & Strategy at OCBC Bank and Jesús Díaz Barrientos, Head of Finance at DO & CO AG.We also took a deep dive into the market trends to narrow down the list of companies delivering innovative business valuation solutions. Equipped with innovative technological capabilities, companies like InteleK help transform businesses at the cloverleaf of various disruptive technologies.We hope this edition of CFO Tech Outlook's business valuation solution providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology.Let us know your thoughts!Contact Us:Phone:510-565-7614Fax:510-894-8405Email:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com NOVEMBER - 25 - 2023, Vol 09-04 (ISSN 2644 - 2841) Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Robert Gray Smith
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