Inflation stories
![Story image](../../../../../uploads/story/2024/07/24/preview_techday_d88bf993b94bfe798093.webp)
Q1 2024 sees major $9.83billion currency impact headwind
4 days ago
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risk & compliance
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data analytics
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construction
Kyriba's Q1 2024 Currency Impact Report has revealed a USD $9.83 billion negative impact due to currency fluctuations, signalling heightened FX risks for global firms.
![Story image](../../../../../uploads/story/2024/07/23/preview_Nina_Jung__Chief_Revenue_Officer__Chronos_Agency.webp)
Chronos Agency expands to Australia amid ecommerce demand shift
4 days ago
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cx
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martech
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inflation
Chronos Agency has expanded into Australia, appointing Nina Jung as Chief Revenue Officer, as demand grows for sustainable ecommerce strategies focused on customer retention.
![Story image](../../../../../uploads/story/2024/07/19/preview_techday_af14c130347497e80e7f.webp)
Adobe reveals USD $14.2 billion online sales during Prime Day
Last week
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data analytics
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martech
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bnpl
Adobe reports a record USD $14.2 billion in Amazon Prime Day sales for US retailers, an 11% YoY increase, driven by a surge in mobile shopping and steep discounts.
![Story image](../../../../../uploads/story/2024/07/19/preview_techday_1fd3ba84d0e8396f2b4b.webp)
UKI SME confidence rises amidst economic optimism
Last week
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elections
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inflation
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business confidence
Vistage’s latest UKI SME CEO Confidence Index reveals growing optimism among business leaders, with 62% forecasting a revenue boost in the next year ahead of the General Election.
![Story image](../../../../../uploads/story/2024/07/16/preview_techday_88bba919348b0410c1cb.webp)
Adobe forecasts USD $14 billion online spend for Prime Day
Last week
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data analytics
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martech
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bnpl
Adobe projects a record-breaking USD $14 billion online spend for Prime Day, driven by significant discounts, mobile shopping, and BNPL services.
![Story image](../../../../../uploads/story/2024/07/16/preview_techday_a626fcb07662d86cda01.webp)
Southeast Asian retailers boost social commerce amid challenges
Last week
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data analytics
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cx
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martech
Shopify's Southeast Asia Retail Report 2024 reveals 68% of regional retailers will up social commerce spending amid economic challenges, driven by rising consumer engagement on platforms like TikTok.
![Story image](../../../../../uploads/story/2024/07/05/preview_techday_64e7a5352d9c8d68fa78.webp)
Kōura Wealth invests USD $5m of KiwiSaver funds into Bitcoin
This month
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cryptocurrency
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blockchain
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bitcoin
Kōura's Wealth's bold USD $5 million Bitcoin investment in KiwiSaver has surged to a whopping USD $7.5 million.
![Story image](../../../../../uploads/story/2024/06/27/preview_techday_d0249f52c74f90711f4a.webp)
NZ businesses shift from survival to growth, says 2degrees study
Last month
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productivity
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inflation
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nz
A study by 2degrees reveals that New Zealand businesses are shifting from survival to growth, with more firms thriving and optimistic about future revenue.
![Story image](../../../../../uploads/story/2024/06/26/preview_techday_3e129f00ba621ae6b020.webp)
Australian small businesses seek global growth amid challenges
Last month
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cleantech
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sustainability
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inflation
As high interest rates and inflation squeeze, two-thirds of Australian small businesses target international markets for growth, with 48% anticipating up to 25% sales increase in FY25.
![Story image](../../../../../uploads/story/2024/06/25/preview_techday_e09333104fa5b085a691.webp)
Survey reveals key challenges for SMEs in Australia & NZ
Last month
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recruitment
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inflation
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nz
A Pin Payments survey reveals Australian SMEs are most concerned about cybercrime, while New Zealand SMEs struggle with late payments, economic hardships hitting both.
![Story image](../../../../../uploads/story/2024/06/20/preview_Greg_Boland__Chief_Strategy_Officer__Tiger_Brokers_NZ__1_.webp)
Good as gold: Why Is gold such a prized commodity?
Last month
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risk & compliance
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fintechs
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investment
Gold remains a prized commodity due to its role as a store of value, a hedge against inflation, and its appeal during economic uncertainty and market volatility.
![Story image](../../../../../uploads/story/2024/06/17/preview_techday_6df869b5893563c270fd.webp)
Experts: Australian firms facing cybersecurity challenges
Last month
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martech
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breach prevention
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cdp
Experts are urging change in digital investments to balance costs and ensure security, as Australian firms are facing economic hurdles and rising cyber threats.
![Story image](../../../../../uploads/story/2024/06/11/preview_techday_a73cb461655ad9de127c.webp)
Technology leaders prioritise AI despite challenges ahead - IDC
Last month
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digital transformation
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ai
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connectivity
Despite challenges, global tech leaders are prioritising AI to drive growth, with 81% expecting moderate to high growth and 42% prioritising AI investments.
![Story image](../../../../../uploads/story/2024/06/11/preview_techday_a6bc62ab662e7d72c57d.webp)
UK brands hit by GBP £5.9 billion EU sales drop post-Brexit
Last month
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martech
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cdp
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brexit
Brexit has slashed British non-food retail exports to the EU, costing GBP £5.9 billion since 2019, while marketplaces rise as vital channels for UK brands.
![Story image](../../../../../uploads/story/2024/06/05/preview_img-ZztcPqZwgQdDBLTMrv3I5M4S.webp)
FinOps gains traction as cloud costs rise, says esynergy
Last month
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multi-cloud
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apm
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ai
As cloud expenses soar, a new esynergy report underscores the rising role of FinOps, with 74% of organisations striving to optimise costs.
![Story image](../../../../../uploads/story/2024/06/04/preview_img-wmZbrmhKMfj2uOfP7l75GBrB.webp)
Aspire launches AI suite, promises 75% reduction in manual tasks
Last month
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expense management
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digital age
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inflation
Singapore's Aspire launches AI suite to boost financial analytics and automation for Asian businesses, aiming to enhance decision-making amid rising costs.
![Story image](../../../../../uploads/story/2024/06/02/preview_img-AEob465vpMm85exPjN834yBe.webp)
Budget 2024 focusing on cost-of-living & services
Last month
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edutech
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schools
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government
New Zealand's Budget 2024 tackles cost-of-living pressures with substantial investments in healthcare, education, and law and order, funded by public sector savings.
![Story image](../../../../../uploads/story/2024/05/30/preview_img-O9ydxiul3V43ZYvyxDKx2LiB.webp)
US consumers spend USD $331.6 billion online in first quarter 2024
Thu, 30th May 2024
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data analytics
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fintechs
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martech
US consumers spent USD $331.6 billion online in Q1 2024, with groceries, electronics, and apparel driving growth, Adobe Analytics reveals.
![Story image](../../../../../uploads/story/2024/05/24/preview_img-23U5pDpau3PkBqCZKYYfFwfi.webp)
Ashdown Group releases 2024 IT salary guide amid economic shifts
Fri, 24th May 2024
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advanced persistent threat protection
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devops
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apm
The Ashdown Group's 2024 IT Salary Guide reveals a 27% drop in job posts amid economic slowdown, but optimism rises with potential Bank of England rate cuts.
![Story image](../../../../../uploads/story/2024/05/23/preview_img-nYUb6QqKdaJEHULAFbssMJ60.webp)
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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ai
After years of economic turmoil, the UK retail sector expects a revival as 93% of retailers forecast business growth for 2024, despite ongoing challenges.