Spending stories - Page 1

UK businesses ramp up AI investment by 177% year-on-year, leveraging tools like ChatGPT and Fireflies.ai, but finance teams lag in adoption, reports Soldo.

Consumers increasingly blend online, offline, and social media shopping platforms. A report by Locus and Coresight highlights 65.8% utilising multiple touchpoints.

As cost-of-living pressures rise, Australian shoppers are more selective and returns-savvy, making flexible return policies key to retail success, says a new study.

Broadcom enhances VMware VeloCloud with Fixed Wireless Access and satellite support, aiming to boost Edge AI workload deployment.

Tech leaders are under strain as tech costs surge and visibility plummets, with transparency falling from 73% to 53% in two years, Cognizant reports.

Experts are weighing in on how the UK Labour government might address the nation's innovation challenges, and what it means for businesses.

Australian businesses are ramping up AI spending by 67% this year, driven by BSI’s findings that highlight the need for investment, training, and ethical standards to stay competitive globally.

Ascertus has partnered with Lawcadia to enhance matter and spend management for corporate legal departments, solidifying their portfolio with innovative solutions.

AI use in mining surges as firms seek to boost safety and revenue, with spending tripled in 5 years, reports Augment Technologies CEO Brice Gower.

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.

Australia’s CSO Group and xAmplify are set to merge, forming the nation's largest integrator of AI, cyber security, and business automation services, with a combined turnover of AUD $100 million.

Milieu Insight and FemTech Association Asia's latest report reveals femtech adoption by 60% of consumers in Southeast Asia, spotlighting strong growth and interest.

RMIT Online and Deloitte Access Economics report that business training budgets will increase to AUD $8 billion in 2024. However, with 45% of companies mismanaging these funds, there are four ways to maximise ROI.

Trustly's Azura checkout technology has transformed consumer payment habits across Europe, boosting spending, frequency, transaction speed, and conversion rates.

Closing the gender pay gap benefits us all: from boosting productivity to fostering fairness. Join the movement towards equality and prosperity.

Australian firms are struggling to manage evolving employee spend habits, with an SAP Concur study highlighting increased office, travel, and entertainment expenses.

Extend unveils 'team budgets', a novel feature designed to enhance spend regulation, secure transactions and foster autonomy amongst finance leaders on its platform.

HMRC’s £80m spending on remote working tech over three years has sparked debate, evidencing a shift towards a 'couch potato culture', according to official figures.

In Q3 2023, China's spending on cloud market services saw an 18% rise to $9.2bn, while Chinese cloud giants saw a surge led by AI technology innovations.

Aotearoa New Zealand sees slight decline in Boxing Day spending in 2023, which could be disappointing for retailers, a new report reveals.