article thumbnail

Is Your Company Ready for a Downturn in the Economy?

Credit Research Foundation

It’s been 16 years since the last major economic downturn – the banking crisis that started in 2007 and was in full impact mode from 2008 through 2010. During that period, the U.S. economy shed over 8.7 million jobs, and the unemployment rate peaked at 10% in October 2009.

article thumbnail

Black Swan

Credit Research Foundation

Examples of historical events can be categorized into many types, and the following examples focus on economic events: the 1929 stock market crash, the 2000 dot com bubble collapse and the 2007-8 financial crisis that caused Lehman Bros.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Stephane Lauzon Takes on the Role of Head of the SAP Oil, Gas, and Energy Industry

SAP Credit Management

Stephane joined SAP in 2007 as an Industry Principal in North America prior to joining the IBU. We are delighted to announce Stephane Lauzon as our new Head of the SAP Oil, Gas, and Energy Industry within the IBU Energy and Utilities Team.

188
188
article thumbnail

Generative AI’s Sat Nav Problem

SAP Credit Management

Satellite Navigation and Human Judgment Satellite or GPS navigation (sat nav) for cars was introduced in 2000 and mapping apps became common in phones from 2007. I call this Generative AI’s Sat nav Problem. Sat nav saved us from route planning and paper maps. It also made navigating unfamiliar roads much easier and less stressful.

article thumbnail

Working at Onguard: Meet Christine

Onguard

This was in 2007, when Onguard was still in the castle, a legendary office space that longtime employees still talk about today. Its an unforgettable experience. Christine in Barcelona Olympics in 1992 After her athletic career, Christine went back to study IT and eventually found her way to Onguard.

52
article thumbnail

RINS and LCFS – Regulations for renewables in Oil & Gas industry

SAP Credit Management

In 2007, under EISA or Energy Independence and Security Act, congress made more changes and expanded the program, now called RFS2, to mandate larger amounts and for a longer period.

article thumbnail

Getting started as a Developer Advocate

SAP Credit Management

I joined SAP Labs Bangalore in 2007. I used to travel back and forth almost every fortnight to Bangalore as most of my friends were here. It was a simple desire to come back to Bangalore that tossed me into the world of SAP. If we look back, there was no SAP building BLR04 and building SAP BLR05 back then.

189
189