CHANGING HOW BUSINESSES DELIVER VALUE
Blurred sectoral lines require collaboration on an unprecedented scale
Digitalisation is fundamentally transforming how businesses operate and deliver value to customers. Leaders of industry are not only using new technologies to commoditise, but to find new value streams.
As cross-sectoral innovations bring together stakeholders that have not previously been in partnership, new players are entering fields that were previously established for incumbents.
"Yet if we have learned one thing from the history of invention and discovery, it is that, in the long run—and often in the short one—the most daring prophecies seem laughably conservative."
Arthur C. Clarke
DIGITAL TRANSFORMATION CHANGING HOW BUSINESSES DELIVER VALUE
ANNA RIZOVA AND JÁNOS TÓTH
New players, new partnerships, big opportunities. Digitalisation is fundamentally changing how businesses operate and deliver value to customers. As new technologies require businesses to reach across sectoral lines to achieve success, partnerships are shaking up the order of things.
Listen to the podcast below
For AI to change your business, you need to get your house in order
Artificial intelligence won't "plug and play" for your business. You have to give it what it needs first: data & training. Lots of it.Learn more about Artificial Intelligence
Understanding legal tech will help you to harness its power
Kathrin Shahroozi and Daniella Domokos
Harnessing legal tech can rev up your project efficiency and create new collaboration opportunities, but you need to understand what makes it work along with its limitations in order to get the most out of it.Read about new developments in Legal Tech
TMT M&A in CEE soared last year and 2021 could be even better
Despite the pandemic, and, in some cases, because of it, M&A in the technology, media and telecommunications sector has flourished. According to our survey, it will continue to do so.Read CEE Spotlight on TMT
Deal volume has basically doubled since 2017, reflecting growth in the sector & strong future potential in 2021 and beyond.
Digital transformation has given rise to a host of complex and important questions for businesses across sectors. From regulatory oversight to the impact of specific technologies, understanding the details will put you ahead.
As a rising number of businesses have implemented blockchain-based applications in their daily operations, the questions of a) what this technology means for the future of business and b) how blockchain (and crypto assets) fit into the legal/regulatory framework are more pressing than ever before.
93% of executives believe that digitalisation is critical to achieving their strategic goals. But 9 out of 10 CEOs also believe that their business is not properly set up for it.
Blockchain everywhere? Markus Aigner
The questions of how crypto assets and blockchain fit into the current legal framework and whether specific regulations should be created are more important than ever.Read article
Technology Insights on new financial services built on the Enterprise Blockchain, Central Bank Digital Currencies and the issuance of a Digital Euro
Wolf Theiss will shortly be hosting several interviews and discussions with senior technology and financial leaders who are leading and implementing the next generation of financial services using blockchain technology.Read more
Wolf Theiss' Crypto Academy with Niklas Schmidt
The WT Crypto Academy provides practical instruction on the technological and economic aspects of crypto assets and blockchains on four consecutive evenings..View event details
From Artificial Intelligence to privacy protections, the EU is focused on safely guiding the development of new technologies while also fostering a strong business environment for startups and established market players. Whether EU legislators are delivering on that promise is an open question.
European Commission goals: 75% of European enterprises will have taken up cloud computing services, big data and Artificial Intelligence by 2030.
ARTIFICIAL INTELLIGENCE (REGULATION) OVERKILL IN THE EU?
The European Commission's new April 2021 proposed Directive aims to facilitate innovation and investment in AI while safeguarding the public.Learn about the proposed Directive
DIGITAL SINGLE MARKET DIRECTIVE – MISSION ACCOMPLISHED?
The DSM Directive is one of the most controversial pieces of copyright legislation in the EU, and contentious provisions have slowed its implementation on the national level.Read the regional survey
THE DIGITAL CONTENT DIRECTIVE - CAUTIOUSLY EMBRACING THE DIGITAL ERA IN AUSTRIA
EU consumers and entrepreneurs should benefit from the harmonised regulations resulting from the Digital Content Directive and Sale of Goods Directive. Almost six years after the initial proposals for these Directives, the Austrian government presented its light at the end of a bumpy tunnel - the Warranty-Directives-Transposition Act.Read article
THE NEW EUROPEAN ELECTRONIC COMMUNICATIONS CODE PRESENTS CHALLENGES FOR OTT SERVICE PROVIDERS
Over-the-top service providers will be covered by a brand-new legal framework that was so far applicable only to traditional telecom operators – which may be very challenging, especially for smaller local players.Learn more about the EECC