A new information age fuelled by the rapid changes in IT will see small firms outperform their larger competitors over the next 20 years, says Media Vision, a report by communications technology firm Mitel Telecom.
It attributes these changes to the flexibility of smaller firms and new market entrants, and both their access to and ability to manage the same information on a global scale, as governments and their larger competitors.
It predicts that larger firms will quickly lose market share. Computerised telephone systems with automatic interpreting technology will allow virtual meetings between world leaders, says the report.
Big Four firm Deloitte has announced its investment in blockchain start-up SETL as well as a partnership with VTC Group
Clients and business advisers can now connect to small businesses through a Facebook Messenger chatbot service, provided by Xero
It has been another glittering night in the accountancy calendar. A range of practices big and small, plus outstanding individuals, have been rewarded for their efforts in the British Accountancy Awards 2016
Making Tax Digital responses to the consultations expected in January 2017