Recession stories

Late payments cost Kiwi small businesses GBP £827 million in 2023, threatening their survival and hampering economic growth amidst rising inflation and interest rates.

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.

Employment Hero launches SmartMatch, a tool offering real-time insights into salaries and job trends. Powered by live payroll data, it promises unmatched transparency for employers and job seekers alike.

During recessions, businesses often cut charitable giving to protect their bottom line, but GravityLab urges Kiwi firms to keep funding social justice initiatives.

After years of economic turmoil, the UK retail sector expects a revival as 93% of retailers forecast business growth for 2024, despite ongoing challenges.

Despite financial struggles, only 20% of Kiwi households plan to switch broadband providers this year, overlooking potential savings of over $360.

AI, sustainability, and upcoming elections are leading topics in CEO discussions in Q1 2024, notes the latest IoT Analytics report.

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.

Gartner outlines key trends in the M&A landscape, driving focus on tech opportunities, AI adoption and regulatory complexities.

Projection sees digital twin market growing at CAGR of 30% between 2023 and 2027, states IoT Analytics report.

Gartner predicts that a renewed emphasis on technology, particularly AI, will boost the global M&A market in 2024 after a downturn in activity.

Organisations that implement spend management technology sooner rather than later will find themselves in a stronger position to weather an economic storm.

Q3 2023 sees CEOs focusing on AI innovations, particularly Generative AI, and sustainability, says IoT Analytics.

CMC Markets has entered a three-year partnership with KiwiHarvest to support its mission of addressing Aotearoa’s pressing hunger and food waste crises.

Ongoing economic uncertainty has driven Australian organisations to explore new ways to improve their operations and maintain their competitive edge.

After a year of unexpected challenges for CFOs, they are looking increasingly to automation and technology to manage what comes their way.

A recession, without a doubt, will cause disruption and with disruption comes challenges, including labour shortages, budget cuts and much more.

With another recession looming, retailers must prioritize customer experience and mitigate developer burnout to survive and thrive.

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

Data is at the heart of digital business, and managing data and related infrastructure with proper strategy and planning will be key to business success.