"Even if KPMG doesn't audit the companies it owns, an obvious problem is that KPMG inevitably will be in the position of funding companies that compete against its own audit clients. That may not be a violation of any rules, but it can create conflicting interests nonetheless. (Then again, so can audit fees themselves, because the client is paying the auditor.)"
In the not-dead-yet news category, BlackBerry has lined up two new customers for its BlackBerry Enterprise Service 10 enterprise mobility management platform--as the deadline for bidders for the firm nears.
Mobility and cloud are expected to be the most disruptive technologies in business and consumer markets over the next three years, according to a survey of 811 technology execs conducted by KPMG.
Every company on the FTSE 350 list is leaking sensitive data by leaving employee usernames, email addresses and sensitive internal file location information online, according to a study by accounting firm KPMG.
Change management is one of the toughest parts of a technology roll-out, according to both anecdote and analysts. People are simply set in their ways. And when they're not, they're usually busy defending turf or failing to communicate. While this seems like a problem for HR or business unit managers, the reality is that IT is central to solving it.
KPMG LLP says that in the era of big data, e-discovery has become costly and challenging.
"Proper use of big data goes beyond collecting and analyzing large quantities of data; it also requires understanding how and when to use the data in making crucial decisions," ISACA said.
The value of IT outsourcing contracts in the fourth quarter last year fell 37 percent from the same period in 2011, according to the consulting firm Information Services Group. The $2.9 billion decline was largely the result of a reduction in contracts for new services.
From college campuses to independent think tanks, people are intuitively realizing something important, and concerning, about big data. It is easy to get tangled up and mislead by misreading and misapplying the results.
Many companies ignore the tax consequences of moving to the cloud, opening up tax risks, lost efficiency savings, and decreased return on investment for cloud projects, warns tax consultancy KPMG.