Articles in English
The adverse effects of the Covid-19 pandemic have led to the deepest recession in modern history. The direct impact of the virus will continue to affect world socioeconomic developments at least until mid-2021. At the same time, analysts warn that we will experience negative long-term repercussions reflecting both the failures of affected companies to effectively respond to the crisis but also pre-existing weaknesses and structural challenges in a number of countries. The response of global organisations and public authorities to…
Вторник, 19 января 2021 12:48

Panicos Georgiou: rise of cybersecurity

Since joining the EU in 2004, Cyprus has benefitted from being part of a huge single market gaining access to a great number of goods and services. However, this membership also comes with certain obligations, not least of which pertain to ensuring the confidentiality of transactions and sensitive information. Unfortunately, most businesses have been slow to adopt a structured cybersecurity framework that forms part of their business processes. Successful Business talks to Panicos Georgiou, CEO of eSafe Solutions, about cybersecurity…
Понедельник, 18 января 2021 10:59

Year of great uncertainty. 5G expansion

Even amid the pandemic, 5G continued to expand in 2020 and is predicted to become mainstream in 2021. In the new "remote" economy, the continued advance of 5G is critical to be able to support the increasing burden on the data networks. The technology, which boasts anywhere from 10 to 100 times the speed of 4G and much more rapid responsiveness, could improve everything from simple video conferencing to telemedicine and advanced augmented and virtual reality. Wi-Fi cannot scale to…
Понедельник, 18 января 2021 09:17

Blockchain is future

Blockchain-enabled business models will present a seismic shift to how business is conducted in the future. Its impact on commerce will be gamechanging, especially given the increasingly digital global economy and the decentralisation of business models and stakeholders enabled by blockchain. In this direction, a new dimension of innovation awaits. Everyone should know these 13 things about blockchains 1. Bitcoin, a money exchange system, pioneered blockchain technology and today, it has more than 8 million accounts and grew by more…
Пятница, 15 января 2021 15:25

Trading and investing in СOVID’s shadow

Chief Executive Officer of BDSwiss Group, Alexander Oelfke, spoke to Successful Business about the Group’s operations, the market, Covid-19, and where the financial services industry could be headed. Who is BDSwiss and what does the company do? BDSwiss is a global financial services group offering secure access to the financial markets. We serve over 1.5 million registered clients from our headquarters in Limassol and facilitate more than $80 billion per month in trading volume. Despite our relatively short history, we’ve…
Пятница, 15 января 2021 12:18

Year of great uncertainty. New energy

For fossil fuels, 2021 will not be easy considering the uncertainty surrounding post-pandemic demand and pressure to shift towards renewable sources. Oil production will continue slowly declining through March 2021, and may rise modestly through year end. The pandemic-caused economic disruption will keep to negatively impact global demand for natural gas, especially from industry. The next five years will see the energy transition reaching a tipping point. New build renewable energy will cost less than the marginal cost of fossil…
Четверг, 14 января 2021 16:34

Year of great uncertainty. Remote work

In 2020, for all kinds of businesses and organisations around the world working remotely became the new normal that they will continue to adapt to in 2021. Leaders have to rethink how their organisations operate, how staff are connected and supervised, whether the business model is still sustainable or their office space appropriate, etc. One of the implications is embracing the “anywhere operations” model, i.e. for the business to be accessed, delivered and enabled anywhere, which is now key to…
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