TechDay Australia - Australia's technology news network

Recession stories

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VistaPrint report: Australian SMBs face 2025 challenges
Thu, 3rd Apr 2025
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cx
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martech
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personalisation
VistaPrint's 2025 SMB Report reveals that while over 65% of Australian small businesses face economic challenges, half remain optimistic for the future.
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UK tech leaders predict rise of Agentic AI by 2025
Thu, 12th Dec 2024
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UK tech leaders project a surge in 'Agentic AI' adoption and a brighter economic outlook for 2025, amidst ongoing business uncertainties.
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A chokehold on small businesses: how late payments are hindering economic growth
Fri, 18th Oct 2024
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financial systems
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xero
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inflation
Late payments cost Kiwi small businesses GBP £827 million in 2023, threatening their survival and hampering economic growth amidst rising inflation and interest rates.
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Australian retailers urged to adopt new strategies amidst crisis
Fri, 16th Aug 2024
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gaming
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digital entertainment
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recession
As Australia grapples with a cost of living crisis, Convincely CEO Pratik Doshi urges retailers to employ innovative tactics to draw in and retain customers.
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Employment Hero unveils SmartMatch for real-time payroll data
Thu, 15th Aug 2024
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job seekers
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salaries
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australian bureau of statistics
Employment Hero has launched SmartMatch, a tool that delivers real-time payroll data, aiming to transform salary transparency for employers and job seekers alike.
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The greatest danger in a recession isn’t (only) your bottom line
Tue, 2nd Jul 2024
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funding
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capital raising
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business success
During recessions, businesses often cut charitable giving to protect their bottom line, but GravityLab urges Kiwi firms to keep funding social justice initiatives.
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UK retailers predict growth despite economic challenges ahead
Thu, 23rd May 2024
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martech
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commerce systems
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supply chain
After years of economic turmoil, the UK retail sector expects a revival as 93% of retailers forecast business growth for 2024, despite ongoing challenges.
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Kiwi households miss out on savings by ignoring broadband switch
Wed, 3rd Apr 2024
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uc
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broadband
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recession
Despite financial struggles, only 20% of Kiwi households plan to switch broadband providers this year, overlooking potential savings of over $360.
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AI, sustainability, elections dominate 2024 CEO talks
Wed, 27th Mar 2024
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power / energy
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llms
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ai
AI, sustainability, and upcoming elections are leading topics in CEO discussions in Q1 2024, notes the latest IoT Analytics report.
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Australian fleet managers embrace tech to combat rising costs
Wed, 13th Mar 2024
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fleet management
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smart technologies
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gps
Amid expanding operational costs, Australian fleet managers increasingly adopt GPS fleet tracking and other tech solutions, significantly reducing fuel, labour, and maintenance costs, the 2024 Fleet Technology Trends Report reveals.
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Gartner predicts key trends in M&A landscape through 2024
Fri, 24th Nov 2023
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inflation
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m&a
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employment
Gartner outlines key trends in the M&A landscape, driving focus on tech opportunities, AI adoption and regulatory complexities.
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Dramatic growth projected for digital twin market, says IoT Analytics
Fri, 17th Nov 2023
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uc
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iot
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supply chain
Projection sees digital twin market growing at CAGR of 30% between 2023 and 2027, states IoT Analytics report.
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AI focus to drive global M&A activity upswing in 2024, says Gartner
Thu, 16th Nov 2023
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ai
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inflation
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telstra ventures
Gartner predicts that a renewed emphasis on technology, particularly AI, will boost the global M&A market in 2024 after a downturn in activity.
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Using data insights more effectively to manage cashflow and guide better decision-making
Tue, 7th Nov 2023
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erp
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sap
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expense management
Organisations that implement spend management technology sooner rather than later will find themselves in a stronger position to weather an economic storm.
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CEO priorities shift towards AI and sustainability in Q3 2023 according to report
Thu, 28th Sep 2023
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iot
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genai
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ai
Q3 2023 sees CEOs focusing on AI innovations, particularly Generative AI, and sustainability, says IoT Analytics.
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CMC Markets NZ, KiwiHarvest team up to help struggling Kiwis
Fri, 21st Apr 2023
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partner programmes
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food
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cost
CMC Markets has entered a three-year partnership with KiwiHarvest to support its mission of addressing Aotearoa’s pressing hunger and food waste crises.
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Amid Economic Uncertainty, Organisations are Turning to AI and ML
Thu, 13th Apr 2023
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ai
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economics
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ml
Ongoing economic uncertainty has driven Australian organisations to explore new ways to improve their operations and maintain their competitive edge.
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CFOs prepare to automate their way through a challenging future
Wed, 15th Mar 2023
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it automation
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supply chain
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financing
After a year of unexpected challenges for CFOs, they are looking increasingly to automation and technology to manage what comes their way.
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Why Telcos must act now to survive the next recession
Wed, 8th Mar 2023
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uc
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5g & beyond
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wireless networks
A recession, without a doubt, will cause disruption and with disruption comes challenges, including labour shortages, budget cuts and much more.
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How can retailers become more recession resilient?
Tue, 7th Mar 2023
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cx
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martech
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spending
With another recession looming, retailers must prioritize customer experience and mitigate developer burnout to survive and thrive.