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Spending stories

Tech leaders struggle as technology costs soar & visibility drops
Software-as-a-Service

Tech leaders struggle as technology costs soar & visibility drops

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

By Melania Watson • 2 min read • Wed, 28th Aug 2024
Australian businesses set to boost AI investment by 67% this year
Supply Chain

Australian businesses set to boost AI investment by 67% this year

Australian businesses are poised to increase AI investment by 67% this year, making it the second highest market globally for AI capabilities.

By Catherine Knowles • 4 min read • Wed, 31st Jul 2024

Global Stories

Spending stories

Extend unveils open-source AI toolkit for smarter finance
Virtualisation

Extend unveils open-source AI toolkit for smarter finance

Extend unveils an open-source AI toolkit enabling businesses to analyse financial data with advanced automation and multi-framework integration.

By Catherine Knowles • 3 min read • Mon, 12th May 2025
Vertice secures $50 million to optimise enterprise spend
Software-as-a-Service

Vertice secures $50 million to optimise enterprise spend

Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.

By Catherine Knowles • 3 min read • Thu, 23rd Jan 2025
Australian executives question hiring despite HR spend
Human Capital Management

Australian executives question hiring despite HR spend

A survey by SmartRecruiters reveals that nearly a third of Australian executives doubt their hiring quality, despite vast recruitment investments.

By Shannon Williams • 3 min read • Fri, 25th Oct 2024
IT department struggling to stay on budget? Avoid overspending with monitoring tools
Cybersecurity

IT department struggling to stay on budget? Avoid overspending with monitoring tools

With IT budgets strained by software sprawl and rising costs, monitoring tools might be the solution to regain control and enhance efficiency.

By Insightful • 11 min read • Wed, 23rd Oct 2024
Unified commerce reshapes shopping in India & the US
Marketing Technologies

Unified commerce reshapes shopping in India & the US

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

By Shannon Williams • 3 min read • Tue, 24th Sep 2024
Study shows return policies crucial for Australian retailers
Customer Experience

Study shows return policies crucial for Australian retailers

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.

By Sean Mitchell • 3 min read • Thu, 19th Sep 2024
Broadcom announces key updates to software-defined edge portfolio
Network Infrastructure

Broadcom announces key updates to software-defined edge portfolio

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

By Shannon Williams • 3 min read • Fri, 30th Aug 2024
AI use in mining on the rise, says Augment Technologies CEO
Artificial Intelligence

AI use in mining on the rise, says Augment Technologies CEO

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.

By Catherine Knowles • 3 min read • Thu, 18th Jul 2024

Stories from Other Regions

Spending stories

Canadian online sales down as shoppers seek value & discounts
Marketing Technologies

Canadian online sales down as shoppers seek value & discounts

Canadian online retail sales fell 3% in Q1 2025, with average order values dropping amid cautious spending and rising promotional offers.

By Catherine Knowles • 4 min read • Thu, 24th Apr 2025
Finance leaders cite limited budget access as growth barrier
EduTech

Finance leaders cite limited budget access as growth barrier

A survey by Soldo shows that 88% of UK finance leaders believe restricted budget access is hindering business growth and employee productivity.

By Catherine Knowles • 3 min read • Wed, 22nd Jan 2025
Survey reveals UK's top & least-favoured Christmas gifts
EduTech

Survey reveals UK's top & least-favoured Christmas gifts

A new CEWE report reveals that 73% of UK adults have faced disappointment with gifts, highlighting the best and worst presents for Christmas.

By Catherine Knowles • 3 min read • Fri, 20th Dec 2024
Gen Z in UK boosts gaming spend by 21% amid mobile rise
EduTech

Gen Z in UK boosts gaming spend by 21% amid mobile rise

New research reveals UK Gen Z students have upped their gaming spend by 21% to GBP £48 monthly, contributing to GBP £3.4 billion annual sales.

By Kaleah Salmon • 3 min read • Mon, 21st Oct 2024
UK firms boost AI spending 177%, ChatGPT leads with 835% rise
Artificial Intelligence

UK firms boost AI spending 177%, ChatGPT leads with 835% rise

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.

By Shannon Williams • 3 min read • Tue, 1st Oct 2024
How will Labour address UK's innovation challenges?
Leadership

How will Labour address UK's innovation challenges?

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

By Shannon Williams • 3 min read • Fri, 9th Aug 2024
Ascertus & Lawcadia forge strategic partnership to streamline legal operations
Unified Communications

Ascertus & Lawcadia forge strategic partnership to streamline legal operations

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

By Catherine Knowles • 3 min read • Thu, 25th Jul 2024