Workflow
EY
icon
Search documents
Trump's $100,000 H-1B visa adds more pressure to consulting's growing recruitment woes
Yahoo Finance· 2025-09-25 16:52
Core Insights - The introduction of a $100,000 H-1B application fee by President Trump poses significant challenges for consulting firms in talent acquisition, similar to those faced by tech companies [1][7] - Nearly 50% of H-1B applications are linked to professional, scientific, and technical services, highlighting the reliance of consulting firms on foreign skilled workers [2] - The H-1B program has been a crucial source of mid-level consultants with specialized skills, which are hard to find in the domestic market [4] Industry Impact - Consulting firms like Deloitte, EY, and Accenture are among the largest employers of H-1B visa holders, with Deloitte hiring 7,535 workers in the last three years, representing about 1% of its US workforce [5] - Accenture and EY have also significantly relied on H-1B visa holders, with 5,862 and 5,298 hires respectively, accounting for nearly 10% of their US headcounts [5] - The new application fee is expected to increase competition for talent and may lead to accelerated offshoring strategies among consulting firms [7] Strategic Responses - Consulting leaders express concern that the increased costs associated with H-1B visas will add friction to an already competitive talent market [4][6] - Major firms are anticipated to absorb some of the higher visa costs while adjusting their staffing models to maintain continuity [6] - Smaller consulting firms will need to enhance their ability to attract domestic talent, particularly for mid-level positions, to cope with the changes [6]
Women leaders in India reach 20% for first time | Best companies for women 2025
BusinessLine· 2025-09-25 14:57
Core Insights - Women's representation in leadership roles has reached 20% for the first time, increasing from 13% in 2016 [1] - The representation of women in leadership has shown a steady increase over the years, with figures of 14% in 2020, 15% in 2021, 17% in 2022, 19% in 2023, and remaining at 19% in 2024 [2] Workforce Representation - The overall workforce share of women remains stable at 35.7%, with Professional Services leading at 44.6%, followed by ITES at 41.7%, Pharma at 25%, FMCG at 23%, and Manufacturing at 12% [3] - In the latest Best Companies for Women in India list, 125 companies were recognized, with 15% being IT services companies and 9% from Global Capability centers, while Manufacturing, Pharmaceuticals, and Consumer Products each accounted for 5% [4] Top Companies - Among the top 10 Best Companies for Women in India, 40% are Indian companies, while the remainder are multinational corporations. The top companies include Accenture, EY, Wipro, Tech Mahindra, and Procter & Gamble [5]
X @Circle
Circle· 2025-09-23 19:00
Congratulations to ATEC for winning Circle’s Unlocking Impact Pitch Competition and the 100,000 @USDC grand prize!This weekend we brought together innovators using USDC and blockchain infrastructure to accelerate humanitarian aid and drive inclusive growth.Shoutout to our other finalists @xcapit_ and @BuFi_Global for sharing their innovative projects.All three finalists were also awarded mentorships from @Visa, @Mastercard, @EYnews, @WFP, and @Goodwall,support that extends far beyond the pitch.This is what ...
Corporate treasurers brace for shifting job expectations
Yahoo Finance· 2025-09-23 10:00
Core Insights - The role of corporate treasurers is expected to evolve significantly in the coming years, similar to the changes seen in the CFO role [2][5] Group 1: Survey Findings - 79% of treasurers anticipate their roles will evolve "somewhat or significantly" over the next five years [2] - 80% of treasurers believe that regularly identifying opportunities for creating new value is important for their role [4] - 84% of CFOs expect their treasurers to find new value opportunities, with 93% confident in their treasurers' skills to do so [4] Group 2: Changing Responsibilities - Treasurers are increasingly expected to drive "value creation," defined as activities that contribute to organizational success [2] - 37% of treasurers see an increased emphasis on cash flow forecasting and management, while the same percentage expects more focus on managing financial risk [2] - Traditionally, treasurers focused on liquidity and compliance, but now they are expected to become strategic partners contributing to organizational growth [5] Group 3: Time Allocation - Treasurers spend approximately 25% of their time on liquidity flow and cost of capital, and 18% on managing cash and bank relationships [5] - About 16% of their time is dedicated to making and addressing strategic decisions [5]
X @何币
何币· 2025-09-22 14:00
Partnerships & Technology - EY 联合 Plume 将隐私协议 Nightfall 作为 Layer-3 部署至 Plume [1] - Nightfall 在 Plume 上作为 Layer-3 部署,为 RWA 带来可扩展、合规且私密的交易 [1] - Plume 成为机构 RWA 的首选 [1] Industry Focus - 机构希望获得链上分发,但可扩展性和合规性一直存在冲突 [1] - Plume 旨在改变机构 RWA 在可扩展性和合规性方面的困境 [1]
Cooper Parry expands team with new senior appointments
Yahoo Finance· 2025-09-17 09:21
Core Viewpoint - Cooper Parry is enhancing its team with senior appointments to strengthen its services in the UK and Ireland, positioning itself as a competitive alternative to the Big Four accounting firms [1][4]. Group 1: New Appointments - Nick Hatton has been appointed as partner and head of transaction tax, bringing over 25 years of experience from PricewaterhouseCoopers (PwC) and EY, focusing on the growth of transaction tax services in the private equity mid-market sector [2][4]. - Arif Ahmad has been appointed as regional market leader for Yorkshire & North East and audit relationship partner, with 28 years at PwC, including leadership roles in the Leeds office and private equity [2][3]. - Laura Bevan joins as assurance director, with 12 years at PwC leading the sustainability practice for PwC Wales, specializing in environmental, social, and governance assurance [3]. Group 2: Company Strategy and Vision - Cooper Parry's CEO, Ade Cheatham, emphasizes the firm's commitment to innovation, collaboration, and client impact, indicating that the new leaders are part of a strategy to build a next-generation professional services firm [4]. - The recent acquisition of Fellwood Advisory, a debt advisory firm specializing in the mid-market sector, aligns with Cooper Parry's growth strategy [4].
NowVertical Group (OTCPK:NOWV.F) 2025 Conference Transcript
2025-09-16 16:02
Summary of NowVertical Group Inc. 2025 Conference Call Company Overview - **Company Name**: NowVertical Group Inc. (OTCPK:NOWV.F) - **CEO**: Sandeep Mendiratta since January 2024 - **Industry**: Data and AI technologies Key Points and Arguments - **Market Positioning**: NowVertical focuses on transforming data into tangible business value for clients, particularly in customer and finance data, differentiating itself from competitors [2][3] - **Client Success Example**: Assisted The Economist in increasing subscriber retention by 9% within 12 months, showcasing the impact on client revenue [3] - **Technology Utilization**: Leverages major hyperscaler technologies such as Google Cloud, Microsoft Azure, and Amazon Web Services, along with specific data platforms like Snowflake and Qlik [4][5] - **Client Portfolio**: Serves over 100 enterprise clients, including notable names like Adobe, Disney, and Palo Alto Networks [5][6] - **Financial Performance**: Reported annualized revenue of $37.2 million and annualized EBITDA of $7.2 million after H1 2025 [6] - **Market Growth**: The AI technology market is projected to grow at a CAGR of 17% over the next five years, with enterprises expected to spend between $125 million to $175 million annually on AI technologies [7][8] - **Challenges in ROI**: 74% of enterprises have not generated meaningful ROI from AI investments, indicating a significant challenge in the market [8][9] - **Strategic Accounts**: The top 30 strategic accounts contribute approximately $800,000 in revenue per client, with an average tenure of seven years, highlighting the importance of these relationships [17][29] - **Revenue Composition**: 80% of revenue comes from solutions and services, while 20% is derived from proprietary software and reselling [15][16] - **Geographic Revenue Distribution**: 78% of revenue is from Latin America, and 22% from North America [17] - **Growth Strategy**: Identified a target addressable market of over $2 billion within 50 enterprise accounts, focusing on deepening existing client relationships rather than acquiring new clients [18][19] - **Partnerships**: Holds premier partnerships with Google Cloud, Microsoft Azure, and Amazon Web Services, which are crucial for accessing high-value opportunities [19][20] - **Inorganic Growth Potential**: Plans to pursue inorganic growth through acquisitions, supported by a $26 million credit facility from HSBC [21] Additional Important Insights - **Management Alignment**: The management team owns 27% of the equity, aligning their interests with shareholders [25] - **Competitive Landscape**: Competes with top-tier consulting firms and large system integrators, emphasizing its specialization in customer and finance data [22][23] - **Long-term AI Market Outlook**: The CEO expresses strong confidence in the long-term prospects of the AI market, emphasizing its potential to transform business models across industries [31][33] This summary encapsulates the key insights and strategic direction of NowVertical Group Inc. as discussed in the conference call, highlighting its market positioning, financial performance, growth strategies, and the challenges faced in the AI landscape.
X @Ethereum
Ethereum· 2025-08-27 16:08
RT Kean Gilbert (@Kean_Gilbert)📄 New Liquid Staking Report Alert! 💧@LidoFinance x @FireblocksHQ x @EYnews breakdown:🔹 What it is🔹 Benefits for stakers & institutions🔹 Risks & rewards👉 Read the full report here:https://t.co/TKr91D3aj7#Ethereum, #EthereumETFs, #LiquidStaking https://t.co/niRKW4YtIC ...
又一 AI Excel 融资 700 万美金,那个拿了 6000 万美金的 AI 语音产品是这样找到 PMF 的
投资实习所· 2025-08-19 05:52
Core Insights - The integration of AI with Excel is emerging as a popular entrepreneurial direction, with several products recently securing significant funding [1][2] - Endex.ai, an AI financial ERP, raised $100 million led by OpenAI, positioning itself as an AI agent to enhance financial modeling and data analysis within Excel [1] - Another AI Excel product has raised $10 million, offering an AI-native solution that combines elements of Excel, Python, and ChatGPT [2] Funding and Product Development - Endex.ai has raised a total of $14 million, targeting the B2B enterprise market with an Excel plugin that enhances existing capabilities [2] - A new product, Paradigm, has secured $5 million in seed funding, bringing its total to $7 million, featuring over 5,000 AI agents for data processing [3][4] - Paradigm aims to redefine spreadsheet functionality by allowing users to assign different prompts to individual cells, enhancing data collection and processing accuracy [4] Market Positioning and User Adoption - Paradigm's approach combines features from previous products, focusing on AI agents to handle data with human-level precision [4] - Early adopters of Paradigm include consulting firms and AI startups, with a subscription model based on usage [5] - The product is positioned as a new AI-driven workflow, potentially evolving beyond traditional spreadsheet formats [7] Competitive Landscape - Microsoft has announced plans to integrate more AI capabilities into Excel, indicating a competitive landscape for AI-enhanced spreadsheet tools [8] - Other players in the AI Excel space include Quadratic, which has raised $6 million, and Equals, which secured $16 million from investors [7]
Technology Executive Council: Enterprise adopting agentic AI
CNBC Television· 2025-08-14 21:47
Of tech. That was the subject of my recent conversation today with members of CNBC's Technology Executive Council. George Maddaloni is Mastercard's CTO of operations.Mastercard's using AI agents to not only help shoppers buy multiple items quickly from a chat bot interface, but also to roll out new features to credit card partners. >> Implored agents and AI capabilities in terms of how we onboard products and customers into Mastercard, we've seen our product onboarding agent actually make things 11% faster ...