The traditional methods of valuing a business no longer cut it as the economy becomes more globalized and companies become increasingly complex. From the increasing use of AI and machine learning to the rise of environmental, social and governance (ESG) factors, new developments are transforming the way the value of a business is assessed.
According to a report by HTF Market Intelligence, the global business valuation market is valued at $14.56 billion in 2023 and is projected to reach $19.32 billion by 2028, registering a CAGR of 5.64 percent from 2023 to 2028.
This remarkable growth is attributed to many tech-driven advancements reshaping the business valuation sector. AI and ML algorithms are being used to evaluate large amounts of data and identify trends, which is particularly beneficial when valuing businesses with complex data sets––a common scenario in the tech industry. Big data analytics can improve business valuation by converging data from multiple systems and driving more meaningful insights.
This edition of CFO Tech Outlook delivers a bird’s-eye view of the recent developments in the business valuation space and insights into how organizations are adopting innovative ways to enhance business valuation processes.
We have curated thought leadership articles from industry experts, including Selena Ling, Chief Economist & Head of Treasury Research & Strategy at OCBC Bank and Jesús Díaz Barrientos, Head of Finance at DO & CO AG.
We also took a deep dive into the market trends to narrow down the list of companies delivering innovative business valuation solutions. Equipped with innovative technological capabilities, companies like InteleK help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of CFO Tech Outlook’s business valuation solution providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology
