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" ... Due to the Covid-19 crisis many organizations and individuals shifted toward digitalization and cloud services. This led to Microsoft’s revenue rising by 13% to a consolidated figure of $147 Bil for the last 4 quarters from the consolidated figure of $129.8 Bil for the 4-quarter period before that. For Q1 2021 (ended September) the company beat consensus estimates for revenue recorded at $37.2 billion, up 12% y-o-y and earnings recorded at $1.84 compared to $1.40 in the same period of the previous year. Further, the company reported $19.3 billion in cash inflows from operating activities for the first quarter of FY 2021. ... "
" ... For 2021, I expect a further rise in the number of deals and the amount invested in startups in Europe as well as significantly growing valuations. The ecosystem has proven to be quite strong and will come out of the crisis with financially strong startups in booming sectors such as health care and tech companies supporting digitalization. Accelerated digital transformations have given many companies a tailwind that will blast throughout 2021 and beyond. ... "
" ... In part 2 of my interview with Achim Berg, we discuss retail and buying practices, material innovations, and digitalization of the fashion industry. Accompanying this will be Berg’s top takeaways from the 2021 report. ... "
" ... The continued digitalization of sales and support also includes “migration” in the way that customers shop. Many customers now get the bulk of their information from online research, including review sites, and I've found that most only engage with vendors at the point when they’re fairly far down the purchase funnel and ready to talk or buy. Supporting these new sales channels means that another key form of “migration” is to upskill and retool your sales professionals. You should empower them to thrive using remote tools because we could be months or even years away from the on-site, in-person sales call or trade show. ... "
" ... The first is the immensely increased sense of urgency: for all ten strategic priorities listed in the survey (which include diversity and inclusion, digitalization and other new technologies, operational and employee safety, optimizing operational efficiency, defending market share, expansion and investment, diversification of assets and activities, raising capital, improving competitiveness, and environmental, social and corporate governance), the share of industry respondents who rank them as “very important” has risen since the pandemic began – companies feel that the environment has become so much more challenging that they need to redouble their efforts across the board. ... "