PWC


Associated tags: PwC, AI

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More than two-thirds of Canadian executives consider cybercrime their most significant threat: PwC Canadian Cyber Threat Intelligence Report

Retrieved on: 
Thursday, June 8, 2023

A catastrophic cyberattack is the top scenario in 2023 resilience plans, globally

Key Points: 
  • A catastrophic cyberattack is the top scenario in 2023 resilience plans, globally
    TORONTO, June 8, 2023 /CNW/ - PwC Canada has released the Canadian Cyber Threat Intelligence Annual Report which shows how the Canadian cyber threat landscape has shifted radically in the last year.
  • "In 2023 and beyond, organizations will need to embrace a more holistic approach to cyber security to manage the complexity of the rapidly evolving cyber threat landscape."
  • Over the next year, these five key trends will influence the Canadian threat environment:
    2022 has seen rapid developments in AI-powered cyberattacks.
  • For more insights and recommendations on how to build resilience in the changing cyber threat landscape, read the Canadian Cyber Threat Intelligence Annual Report here.

PwC Canada makes $200M investment to expand AI capabilities

Retrieved on: 
Monday, May 29, 2023

The investment builds on PwC US' $1B commitment to invest in AI and the Network's long-standing commitment to AI.

Key Points: 
  • The investment builds on PwC US' $1B commitment to invest in AI and the Network's long-standing commitment to AI.
  • PwC Canada's investment will include upskilling our 9,000 people on AI tools and capabilities, as well as accelerating our STEM talent hiring.
  • Responsible AI will help PwC Canada and its clients harness Generative AI in a safe and trustworthy way.
  • This investment builds on PwC's long-standing commitment to artificial intelligence, and PwC Global's capabilities have been recognized as a leader in AI by Gartner, IDC and Forrester.

2022 Podcasting Ad Revenue Up 26% YoY; Revenues to More than Double by 2025 to $4B According to IAB's U.S. Podcast Advertising Report

Retrieved on: 
Thursday, May 11, 2023

NEW YORK, May 11, 2023 /PRNewswire/ -- Podcasting continues to be one of the fastest growing digital channels, growing two times faster than digital advertising overall, according to IAB's "U.S. Podcast Advertising 2022 Revenue & 2023-2025 Growth Projections" study, released on May 11 during IAB's Podcast Upfront.

Key Points: 
  • The seventh annual IAB U.S. Podcast Advertising Revenue study, prepared for IAB by PricewaterhouseCoopers LLP ("PwC"), quantifies annual podcast advertising revenues generated over the past year, analyzes revenue share by ad category and content genre, and forecasts future revenues through 2025.
  • "Podcasting revenue naturally reflects that shift in consumer behavior and it will be interesting to watch how the balance changes going forward."
  • For the full IAB "U.S. Podcast Advertising 2022 Revenue & 2023-2025 Growth Projections" report, click here .
  • A quantitative, online survey was sent to leading podcast industry experts in February to understand 2022 podcast advertising revenues, revenues by industry category and content genre, as well as forecast revenue growth for the next three years.

PwC, Microsoft and Icertis launch strategic collaboration to accelerate enterprise digital transformation with AI-powered contract intelligence

Retrieved on: 
Tuesday, May 9, 2023

The new collaboration builds on the strength of existing relationships Microsoft has with both PwC and Icertis.

Key Points: 
  • The new collaboration builds on the strength of existing relationships Microsoft has with both PwC and Icertis.
  • PwC, serving as the transformation partner, will integrate Icertis into Microsoft Azure powered solutions, to help clients achieve enterprise-wide transformational value.
  • "The collaboration between Microsoft, PwC, and Icertis combines market-leading expertise in contract management, artificial intelligence, and business transformation to accelerate value for enterprise organisations around the world."
  • "Our expanded collaboration with PwC and Icertis will deliver innovative tools and solutions, built on the Icertis Contract Intelligence platform, powered by Microsoft Azure, that will transform the way global businesses approach contract intelligence and analytics," said Nicole Dezen, Chief Partner Officer, Microsoft.

PwC, Microsoft and Icertis launch strategic collaboration to accelerate enterprise digital transformation with AI-powered contract intelligence

Retrieved on: 
Tuesday, May 9, 2023

The new collaboration builds on the strength of existing relationships Microsoft has with both PwC and Icertis.

Key Points: 
  • The new collaboration builds on the strength of existing relationships Microsoft has with both PwC and Icertis.
  • PwC, serving as the transformation partner, will integrate Icertis into Microsoft Azure powered solutions, to help clients achieve enterprise-wide transformational value.
  • "The collaboration between Microsoft, PwC, and Icertis combines market-leading expertise in contract management, artificial intelligence, and business transformation to accelerate value for enterprise organisations around the world."
  • "Our expanded collaboration with PwC and Icertis will deliver innovative tools and solutions, built on the Icertis Contract Intelligence platform, powered by Microsoft Azure, that will transform the way global businesses approach contract intelligence and analytics," said Nicole Dezen, Chief Partner Officer, Microsoft.

PwC boosts global nature and biodiversity capabilities with new Centre for Nature Positive Business, as new research finds 55% of the world's GDP - equivalent to $58 trillion - is exposed to material nature risk without immediate action

Retrieved on: 
Wednesday, April 19, 2023

More than half (55%) of the world's gross domestic product (GDP) – equivalent to an estimated US $58 trillion – is moderately or highly dependent on nature, rising from US $44 trillion in 2020.

Key Points: 
  • More than half (55%) of the world's gross domestic product (GDP) – equivalent to an estimated US $58 trillion – is moderately or highly dependent on nature, rising from US $44 trillion in 2020.
  • All 163 economic sectors analysed by PwC have a portion of their value chain that is highly dependent on nature.
  • PwC will also double the size of its team of nature specialists over the next 12-months, from 500 to 1,000.
  • PwC's nature specialists work on a variety of topics including nature positive strategy and transformation, nature risk management and reporting, nature technology, data and measurement, and nature finance and fund management.

PwC and ReversingLabs Form Strategic Alliance to Bring Software Supply Chain Security to Third Party Risk Management Programs

Retrieved on: 
Tuesday, March 28, 2023

PwC provides market leading advisory and managed services in Third Party Risk Management (TPRM) and works with many of the world’s largest and most complex organizations.

Key Points: 
  • PwC provides market leading advisory and managed services in Third Party Risk Management (TPRM) and works with many of the world’s largest and most complex organizations.
  • Working together, ReversingLabs and PwC will help customers modernize traditional TPRM programs that struggle to keep pace with the complexities and interconnectedness of the modern software supply chain.
  • The partnership will help customers:
    Increase visibility into software - Visualize the components that make up the software supply chain and the risk they present to the business.
  • Protect the software supply chain end-to-end - Reduce the likelihood and impact of malware and tampering attacks on the supply chain across the software development and use lifecycles.

Family businesses see largest growth increase in 15 years: traits like values, employee communication, digital capabilities stand out in companies which outperformed peers: PwC Global Family Business Survey

Retrieved on: 
Tuesday, March 21, 2023

Notably, nearly three-quarters (73%) of family businesses that experienced double-digit growth over the last financial year are those with a clear set of family values and an agreed purpose for the business.

Key Points: 
  • Notably, nearly three-quarters (73%) of family businesses that experienced double-digit growth over the last financial year are those with a clear set of family values and an agreed purpose for the business.
  • Just over a third (36%) of family businesses say they are focused on attracting and retaining talent – despite the understanding that employee trust is critical to business success.
  • Fundamental to the unique challenges in the management of family businesses, those that are purpose-led generally experience higher levels of trust (59%) between family members.
  • Family businesses with board diversity have a slight advantage of those that do not in terms of reported double-digit growth this year (46% and 43%, respectively).

PwC UK picks AI Quality leader TruEra to collaborate on AI Risk Management

Retrieved on: 
Tuesday, March 14, 2023

REDWOOD CITY, Calif., March 14, 2023 (GLOBE NEWSWIRE) -- TruEra , which provides the first suite of AI Quality management solutions to test, explain, debug and monitor Machine Learning (ML) models, announced today that it has been selected by PwC to collaborate on AI Risk Management in the UK and Ireland.

Key Points: 
  • REDWOOD CITY, Calif., March 14, 2023 (GLOBE NEWSWIRE) -- TruEra , which provides the first suite of AI Quality management solutions to test, explain, debug and monitor Machine Learning (ML) models, announced today that it has been selected by PwC to collaborate on AI Risk Management in the UK and Ireland.
  • PwC is ideally suited to support clients in this journey, with the breadth of perspectives brought by our diverse teams, skills and market leading experience in AI risk management,” said Leigh Bates, Partner, Financial Services Technology and Data and Analytics Leader at PwC UK.
  • PwC’s AI specialists support clients on natural language processing, machine learning, deep learning, data engineering, automated ML, digital twins, embodied AI, responsible AI, and more.
  • PwC helps its clients to align AI strategy with business strategy, develop enterprise-wide AI capabilities, and establish appropriate governance for security and risk mitigation.

PwC and Workiva find business leaders are moving forward with climate disclosures regardless of final SEC ruling

Retrieved on: 
Tuesday, March 7, 2023

Independent assurance will be a necessary component to meeting deadlines with investor-grade, transparent, and trustworthy data.

Key Points: 
  • Independent assurance will be a necessary component to meeting deadlines with investor-grade, transparent, and trustworthy data.
  • Almost all leaders (96%) say they will proceed with assurance, regardless of whether it is included in the final SEC rules.
  • Regardless of when the SEC rules are finalized, investors and stakeholders have made clear: this is important.
  • Join Workiva and PwC US for a free webinar on March 14, 2023 at 2 p.m. EST exploring how companies are preparing for the SEC climate disclosure requirements and planning to address barriers to compliance.