Economy stories - Page 3

In businesses alone, cloud computing has resulted in a cumulative productivity benefit to the economy of $9.4 billion in the last five years.

Throughout 2023, CFOs need to explore how to manage their spending during a recession and look beyond just cutting budgets or reducing expenses.

The company has stated that what began as supply chain issues post-pandemic has evolved into severe inflation on a global scale.

Despite the predictions that tougher times are incoming, plenty of businesses are identifying opportunities to expand their range, reach and revenue.

IDC lowers its 2023 forecast for global IT spending for the fifth month in a row, as the weak economy takes its toll.

Global smartphone shipments fell 18%, wearable bands fell 18%, smart personal audio fell 26%, and PC shipments fell 29%.

Gig workers face financial exclusion despite their contributions to the UK economy, new report finds. #GigEconomy #FinancialInclusion.

Data is fueling the new economy by enabling governments and enterprises to formulate policy, track consumers, and develop future-forward strategies.

2023 will be a pivotal year for cloud computing with some of the key trends from previous years even more relevant due to the effects of the economic downturn.

Alternative data, which has revolutionized investing, provides valuable insights that should be acted upon quickly to gain an advantage.

World-class digital infrastructure will accelerate digital economy transformation in Malaysia and the wider ASEAN region.

Growing trends towards self-service and increasing demands for rapid delivery are causing many businesses to rethink the way they service their clients.

The modelling showed for SMEs with low digitisation levels, digitising just one or two activities could provide a benefit-cost return of 2.4 - 3.1 to 1.

CFOs expect the impending recession, supply chain constraints and inflation to continue into 2023 and are feeling the impact across their organisations.

AWS has made ¥348 billion in capital and operational investments in its data centres in Japan, with plans to be a multiplier for the country's economy.

The economic impact of 'wrangling' messy data: brands lose revenue, customers, and marketing opportunities. Identity resolution is key.

Splunk in collaboration with the Enterprise Strategy Group, has released the Economic Impact of Data Innovation 2023, a global research report.

In COVID-19’s wake, more than 287,000 MSMEs joined JakPreneur, a collaborative government platform that links entrepreneurs and stakeholders.

Most respondents believe data is important, 97% face challenges in using it effectively, and nearly half say it’s not easy to use data to drive business impact.

59% of respondents believe 2023 will be a recession year. Of these, nearly 30% believe we are amidst a recession. Another 26% expect a recession in later 2022.

Despite economic challenges, 69% of Australian SMEs plan to be operating outside Australia by 2027, according to a new report.

Business leaders who plan for 'business as usual' spending increases will fall short, according to Forrester's 2023 Planning Guides.

Online whole foods retailer Kilo has switched to PaySauce for easier timesheets and payroll administration, as recommended by their company accountant.

New Zealand organisations must embrace data-driven innovation to navigate post-COVID challenges and drive growth, says report.