CFOtech Australia - Technology news for CFOs & financial decision-makers

Economy stories - Page 2

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1.1 million SMEs risk collapse in current UK economy: CyberSmart
Fri, 4th Aug 2023
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accounting systems
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digital banking
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cybercriminals
According to the survey, 15% of senior SME leaders are willing to commit accounting/tax fraud or evasion to ensure survival.
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Australians prioritise value-for-money as economic pressures mount
Tue, 11th Jul 2023
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commerce systems
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martech
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retail
Australian shoppers are more stressed about the cost of groceries than housing, a new study from Shopify has revealed. .
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Conversational AI's role in optimising debt collection
Mon, 10th Jul 2023
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contact centre
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digital transformation
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finance, leasing & rental
By leveraging conversational AI, companies across multiple sectors can automate various aspects of customer interactions.
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Google reports - rise of AI set to boost UK economy by $400Bn
Fri, 7th Jul 2023
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ai
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google
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jobs
The rise of AI could boost the UK economy by £400bn by 2030, according to a report by Google, despite job losses.
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Customer loyalty proves critical for grocery retailers
Wed, 28th Jun 2023
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cx
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martech
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retail
New Eagle Eye research reveals how grocery retailers can win with customer loyalty standards and practices in light of the current economic climate.
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Aussie SMBs increase prices. use own money to combat cash flow woes
Wed, 21st Jun 2023
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accounting systems
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digital banking
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xero
Australian small businesses are resorting to personal savings or increasing prices to cope with rising costs, says a report from Xero.
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Software spend set to grow 13.5% in 2023 - Gartner report
Wed, 21st Jun 2023
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software
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it spending
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gartner
Worldwide banking and investment services IT spending is forecast to reach $652.1bn in 2023, with software seeing the largest growth, according to Gartner.
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APAC tech spend remains robust despite fragile economy
Wed, 7th Jun 2023
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cloud services
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it spending
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forrester research
In spite of challenges including fragile post-pandemic supply chains, Asia Pacific tech spend will continue to grow by 6.8% to 7.3% per year from 2024 to 2027.
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Aussie MSPs expect revenue growth despite economy pressures
Fri, 2nd Jun 2023
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firewall
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breach prevention
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cybersecurity
Research shows that growth, powered by new services and industry sectors, comes at a cost to employee stress levels and well-being.
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Holistic API security needed in face of increasing cybersecurity risk
Mon, 29th May 2023
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cybersecurity
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chatgpt
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noname security
Growing digital ecosystems, increasing cybersecurity risk, fragmented regulations and economic challenges emphasise the need for holistic API security.
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Governments increase digital investments in response to global turmoil
Thu, 25th May 2023
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gartner
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government
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it spending
Global challenges like inflation and workforce scarcity and their local repercussions are testing the abilities of government CIOs.
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Australians fear they don't have enough for retirement
Thu, 25th May 2023
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money management
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findex
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economy
Two-thirds of Australians fear they won't have enough money to retire, according to research from Findex. Baby Boomers are the least confident.
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How digital exclusion is costing New Zealand's economy
Tue, 23rd May 2023
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cios
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economy
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nz
New research reveals that providing more homes with internet connectivity could benefit New Zealand’s economy by up to NZD $700 million annually.
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Customer trust crucial during times of economic struggle - report
Wed, 17th May 2023
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martech
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cx
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revenue management
Lack of customer trust in banks, investment firms, and life insurers found in Asia Pacific, according to Forrester survey.
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The Icehouse Welcomes New Heavy-Hitting Board Members
Thu, 11th May 2023
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nz
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charity
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auckland
New Zealand business growth organization, The Icehouse, welcomes Two new board members, Lindsay Zwart and Steven Joyce.
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Five product development trends impacting the CAD market
Mon, 1st May 2023
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it in manufacturing
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inflation
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simulation
The Computer Aided Design (CAD) market continues to be driven by the needs of manufacturers in response to macroeconomic trends.
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Top business performers are embracing the cloud, you should too
Mon, 24th Apr 2023
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cloud services
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digital transformation
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productivity
In businesses alone, cloud computing has resulted in a cumulative productivity benefit to the economy of $9.4 billion in the last five years.
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How CFOs can plan for the financial pressures in 2023
Tue, 18th Apr 2023
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big data
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bi
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planning
Throughout 2023, CFOs need to explore how to manage their spending during a recession and look beyond just cutting budgets or reducing expenses.
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SYSPRO chimes in on economic and supply chain challenges
Tue, 18th Apr 2023
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inventory management systems
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syspro
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supply chain & logistics
The company has stated that what began as supply chain issues post-pandemic has evolved into severe inflation on a global scale.
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How AR automation can help your B2B business grow sustainably in 2023
Tue, 11th Apr 2023
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cloud services
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vr
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cios
Despite the predictions that tougher times are incoming, plenty of businesses are identifying opportunities to expand their range, reach and revenue.
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Global IT spending in 2023 continues to trend downward
Thu, 6th Apr 2023
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it spending
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investment
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idc
IDC lowers its 2023 forecast for global IT spending for the fifth month in a row, as the weak economy takes its toll.
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Financial frugality and the technology device market
Tue, 4th Apr 2023
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smartphones
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technology gifts
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market
Global smartphone shipments fell 18%, wearable bands fell 18%, smart personal audio fell 26%, and PC shipments fell 29%.
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Gig workers denied equal opportunity to financial services
Thu, 2nd Mar 2023
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workforce management
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employment
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gig economy
Gig workers face financial exclusion despite their contributions to the UK economy, new report finds. #GigEconomy #FinancialInclusion.
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Alternative Data: Emerging Uses in the New Economy
Tue, 7th Feb 2023
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big data
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data analytics
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bi
Data is fueling the new economy by enabling governments and enterprises to formulate policy, track consumers, and develop future-forward strategies.