AUM is projected to double from $5 trillion in 2024 to $10 trillion by 2029, an annualized growth rate exceeding 10%
"AI produces gibberish when trained on too much AI-generated data” - Duke University Research
"While [AI platforms] are still evolving rapidly, applying AI will increasingly become table stakes in how people run their businesses...” - Devin Ryan, Director of Research, Citizens JMP Securities.
Private Equity liquidity to improve as two-thirds of SMBs intend to sell their businesses.
Henon is proud to announce a world first, the ability to consolidate multiple P/Ls across any company type and merge into a single unified view - with a click.
“Many CFOs are using Excel for complex tasks at a time when they are being asked to do more with less cost. An Excel financial model becomes quite complex over time, and it’s easy to break.” – WSJ
The top 3 biggest challenges facing middle market companies surveyed are not necessarily what you might think...
Henon has been awarded the Top 20 of 2022 Tech Titan Award & is a Top 10 Global Finalist at the IBM/Weavesphere conference of 2022.
Wage inflation has hit a new high with a 5.4% increase year over year. The markets expect costs to remain elevated at 4.5-5.5% over the next 12 months...
The prime corporate borrowing rate has averaged around 3.00% for the past 10 years. As the Bank of Canada aggressively tries to taper inflation, rates look to effectively double by year end from the past pre-covid era. Firms must budget for increased interest costs and adapt.
Over the past 30 years, corporations have built complicated ‘Just-In-Time’ systems. The current real time integration of manufacturing, inventory, labor, and capital has begun to show signs of strain.
Most lenders have had to stretch usual lending terms to gain more business.
M&A will be a preferred strategic option as companies look to accelerate growth in the post-pandemic world.
