Global Scans · Organizations · Weekly Summary

WHAT'S NEW?: Moves away from traditional, hierarchical, full-time structures towards a gig and shared economy continue apace. New models of virtual working and work anywhere, anytime for anybody are likely to grow dramatically in the coming years.

• [New] Today, businesses transform faster than ever, with 45% of CEOs anticipating their companies will look drastically different in just ten years. ETHRWorld.com
• [New] Away from travel, the National Pharmacy Association warned disruption to pharmacy services is likely to continue through the weekend, even when systems are back online, as outlets deal with a backlog of medicine deliveries. CityAM
• [New] In Australia, businesses are still working to minimise the disruption caused by the global IT outage, particularly Jetstar after thousands of people were left stranded by 150 flight cancellations, reports the Australian Associated Press. The Guardian
• [New] As businesses work to restore their systems, meanwhile, hackers have already found an opportunity for scams in the form of hastily created websites that claim to offer restoration services for machines brought down by the CrowdStrike crash. Energy Connects
• [New] Businesses across the world are reporting IT outages, including Windows blue screen of death errors on their computers, in what has already become one of the most widespread IT disruptions in recent years. TechCrunch
• [New] Production capacity of sustainable aviation fuel in the United States could increase from around 2,000 barrels per day to nearly 30,000 b/d in 2024 if all announced capacity additions come on line. EIA - Energy Information Administration
• [New] EIC Accelerator selects startups or SMEs with a high-impact product, service, or business model that demonstrates the potential to scale up, create new markets or disrupt existing ones in Europe and even worldwide. Stockhouse
• [New] Businesses across the world have been hit by widespread disruptions to their Windows workstations stemming from a faulty update pushed out by cybersecurity company CrowdStrike. The Hacker News
• [New] Delhi's Indira Gandhi International Airport and six Indian airlines have reported technical difficulties, resulting in the disruption of their services. CNN
• [New] UAL's ability to leverage technological innovations presents an opportunity to differentiate its services and increase operational efficiency. Yahoo Finance
• [New] Around the world, banks, supermarkets and other major institutions have reported computer issues that have led to the disruption of services. Oxford Mail
• [New] In South Africa, at least one major bank said it was experiencing nationwide service disruptions as customers reported they were unable to make payments using their bank cards at grocery stores and gas stations. Los Angeles Times
• [New] The Swiss government plans to leverage its diplomatic network, engage in multilateral forums, and collaborate with non-governmental organizations to advocate for the end of capital punishment worldwide. thediplomaticaffairs.com
• [New] Total telecom service revenue in Vietnam will increase at a CAGR of 4.7%, primarily supported by growth in the mobile data and fixed broadband service segments. Yahoo Finance
• [New] The recent global outage affecting Windows systems has had a profound impact across multiple sectors, disrupting essential services and exposing vulnerabilities that opportunistic scammers are keen to exploit. McAfee
• Kaspersky Endpoint Security Cloud provides a solution for organizations' IT security needs, blocking ransomware, file - less malware, zero-day attacks and other emerging threats. TrustRadius
• M & J seem to be asserting that breaking the vast fossil fuel-based energy complex supporting the global economy to make clean energy technologies viable will be of net benefit to national economies around the world. Forbes
• There remains substantial growth potential, especially when compared to markets like the US and China, which have double the penetration rates of India. Indian Retailer
• Workforce Analytics & Reporting segment is set to be the fastest growing over the forecast period 2022-2027 with growth rate of 11.2%. IndustryARC
• A low corporate tax rate will incentivize both global and domestic businesses to establish manufacturing facilities in India by reducing the early startup costs and enabling them to maintain price competitiveness. Mobility India
• A study by PwC underscores the immense potential of AI to transform the productivity and GDP potential of the global economy. Big News Network.com
• In South America, adverse weather conditions have curtailed production prospects of the 2024 maize crop in Brazil, though an above-average harvest is still expected. ReliefWeb

Last updated: 22 July 2024