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05

New technology still underused by businesses globally

Open-access content Thursday 11th May 2017 — updated 5.50pm, Wednesday 29th April 2020

Businesses need to step up the adoption of cutting-edge technologies, materials and processes if they are to reap their full potential in terms of productivity gains, according to an OECD report.

2

It points to research showing that productivity-enhancing technology causes job losses in some cases and job gains in others, but that the overall employment and economic effects to date have been positive. Read the full article on our Predictions site here

This article appeared in our May 2017 issue of The Actuary .
Click here to view this issue

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Quarter of Brits have fallen victim to cyber-fraud

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Fintech investment in Europe at two-year high despite Brexit

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International standards needed to secure IoT

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Businesses failing to prioritise cyber insurance in 'serious disconnect in risk management'

Organisations are spending four times more of their insurance budget on protecting plant, property and equipment assets, than they are on cyber security. Read the article here
Thursday 4th May 2017
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Big data use identified as most important tech trend for FTSE 100 firms

The emergence of big data and analytics is predicted to be the most important technological trend to impact FTSE 100 companies over the coming years.
Friday 19th May 2017
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Economic uncertainty sees investment in agile technology rise worldwide

Political and economic uncertainty has resulted in 52% of businesses investing in more nimble technology platforms in order to increase innovation.
Tuesday 23rd May 2017
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