Economy stories - Page 5

Australian small businesses are resorting to personal savings or increasing prices to cope with rising costs, says a report from Xero.

Worldwide banking and investment services IT spending is forecast to reach $652.1bn in 2023, with software seeing the largest growth, according to Gartner.

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.

Research shows that growth, powered by new services and industry sectors, comes at a cost to employee stress levels and well-being.

Growing digital ecosystems, increasing cybersecurity risk, fragmented regulations and economic challenges emphasise the need for holistic API security.

Global challenges like inflation and workforce scarcity and their local repercussions are testing the abilities of government CIOs.

Two-thirds of Australians fear they won't have enough money to retire, according to research from Findex. Baby Boomers are the least confident.

New research reveals that providing more homes with internet connectivity could benefit New Zealand’s economy by up to NZD $700 million annually.

Lack of customer trust in banks, investment firms, and life insurers found in Asia Pacific, according to Forrester survey.

New Zealand business growth organization, The Icehouse, welcomes Two new board members, Lindsay Zwart and Steven Joyce.

The Computer Aided Design (CAD) market continues to be driven by the needs of manufacturers in response to macroeconomic trends.

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.