Smart technology is helping companies survive the pandemic and driving an M&A boom

A digital revolution among small and medium size enterprises worldwide is accelerating at an unprecedented pace as business owners invest in data analytics and automation to survive and thrive in a fiercely challenging environment.
Hard-pressed SMEs are rapidly adopting digital tools as they seek to cut costs and eradicate inefficiencies in order to remain viable. However, financial hardship is not the only driver of digital change.
At the other end of the financial spectrum, well-capitalised companies and deal-hungry private investors are using Big Data, analytics and Artificial Intelligence to identify and appraise potential acquisition and investment targets.
Moore corporate finance experts say digital tools are increasingly being used to turn data into investment opportunities, stoking a global merger and acquisition boom.
In Europe, automation is helping companies improve efficiency to make their financial resources go further. In Asia-Pacific, sophisticated data analytics have created opportunities for global consolidation in many sectors, while in Silicon Valley they are crunching the numbers ahead of an anticipated upturn in deal flow.

Contributors: Jenn McCabe - Armanino LLP, Philippe Craninx - Global Corporate Finance Leader Moore Belgium, Patrick Rozario - Partner Moore Hong Kong