Bain & Company

Report says tech services firms risk major revenue and margin erosion if they continue with business-as-usual strategies. AI, demographic shifts and energy transition are reshaping sector's outlook

By 2030, AI companies will need $2 trillion in combined annual revenue to fund the computing power needed to meet projected demand, Bain said in its annual Global Technology Report

Bain & Company's senior partner Pascal Gautheron says change management is super important in deploying AI at an enterprise level

Country's share in global growth 2-8 times its volume share: Report

The number of individuals with more than $30 million of assets is expected to grow by 50% between 2023 and 2028, according to a Knight Frank wealth report

"This is the first time the personal luxury goods industry has declined since the 2008-09 crisis, with the exception of the pandemic," Bain partner Federica Levato told Reuters

The PE major has invested over $8 billion in the country through more than 30 deals, making it a force to reckon with. It has said it would invest around $5 billion this year in India

The global market for artificial intelligence (AI)-related products and services is expected to grow at an annual rate of 40-55 per cent, and can reach up to USD 990 billion by 2027, a report has said. Bain & Company's 5th annual Global Technology Report said AI workloads could grow about 25-35 per cent per year through 2027. "Bain estimates that the total addressable market for AI-related hardware and software will grow between 40 per cent and 55 per cent annually for at least the next three years, reaching between USD 780 billion and USD 990 billion by 2027. Fluctuations in supply and demand will create volatility along the way, but a long-term, durable trajectory seems like it is here to stay," it said. As AI expands, the need for computing power will radically expand the scale of large data centers over the next five to 10 years, it added. "AI will spur growth in data centers, from today's 50-200 megawatts to more than a gigawatt. This means that if large data centers cost ...

"We believe that an acceleration of effort by countries, corporates and investors is imperative as Southeast Asia remains woefully off-track," said Kimberly Tan, GenZero's managing director

Dominance of general trade, low penetration of e-commerce helping large brands in India, says report

Mid-market acquirers shine, capturing almost 50% of deals in 2023, says Bain & Company's global M&A report

udaan, an e-B2B (business-to-business) platform, on Monday announced senior-level organisational changes under which Group Finance Controller Kiran Thadimarri has been elevated to executive management team with additional responsibility of treasury, corporate finance and corporate audit. The company informed that Aditya Pande has decided to pursue opportunities outside of udaan, after a successful stint of over three years as Group CFO. Also, Vishnu Menon, Head of Corporate Strategy and investor relations, will take on the additional responsibility of business finance, as part of the organisational changes. The two executives -- Menon and Thadimarri -- will work towards further strengthening the financial and governance practices at udaan with the objective of enabling the company to achieve operational profitability and public market readiness in the next 12-18 months, according to a company release. Announcing the organisational changes, udaan said these are in line with the ...

The market has experienced strong growth post-pandemic, with an estimated value of $57-$60 billion in 2023, according to the report

Achieving the target requires EVs to grow more than tenfold in volumes in the next six-seven years with penetration going up from the current 5 per cent to 40 per cent by 2030

Rides the wave of mass affluence, financial literacy, and digital revolution

Bain & Co highlights that the industry has also managed to penetrate beyond the top cities

Over 60 per cent of businesses surveyed are "off track" to meet their sustainability goals, according to a report by Bain & Company, which also found that consumers are willing to shell out a premium for sustainable products. According to the report, a large number of people surveyed in India say they have a high level of concern about environment sustainability. This could be driven by the spiking levels of pollution in major cities and the rising incidence of flash floods in different parts of the country. Consumers in fast-growing markets, where Bain found environmental concerns to be highest, including India, were willing to pay a greater premium (between 15 and 20 per cent), compared to markets like the US and the UK. The report further said that an Indian consumer, however, is still at an early stage of understanding sustainability and a number of related behaviours are influenced by cultural norms and financial realities. "As extreme weather prompts growing environmental ...

Company seeks to double revenue by FY27 and new category will help in the target

Tata Group was placed in the twentieth spot in the list of most innovative companies in the world

US consultancy Bain & Company confirmed this week that Chinese authorities questioned staff at its Shanghai office, without revealing details on the nature of the investigation