Oxford Economics stories

Tata Consultancy Services will create 5,000 UK jobs and open a new AI Experience Zone and Design Studio in London, boosting innovation and skills.

Australian firms invest less in AI than global rivals, yet ROI is set to nearly double from 15% to 29% by 2028, boosting returns from USD $3.2m to $8.2m.

Australian SMEs show steady performance in Q2 2025, with agriculture leading growth despite challenges like US tariffs and reduced workforce.

Australia risks falling behind in AI as talent shortages and unclear strategies hamper progress amid rising investment and workforce concerns.

UK organisations' AI maturity score dropped 9 points to 35 despite rising investments and over 100 AI projects launched by 56% of businesses surveyed.

Hitachi Vantara has launched new guarantees for its VSP One platform to boost enterprise storage with assured performance, cyber resilience, and up to 40% lower carbon footprint.

A global study reveals a significant shift in the role of Chief Information Security Officers, with 82% now reporting to CEOs and active in board meetings.

Cognizant has upgraded its Neuro AI platform to enhance AI productivity for businesses, introducing tools like Opportunity Finder for efficient use case identification.

Australia and New Zealand are outpacing the world in generative AI investment, committing USD$15 million in 2024, surpassing the global average.

A new study reveals that the UK's accounting sector could see an injection of GBP £2 billion into GDP and generate 20,000 jobs through AI adoption.

Singaporean businesses lagging in sustainability, only 34% having met set targets over the past two years, finds a report.

Oxford study shows firms with savvy digital leadership thrive; others risk falling behind in the fast-paced digital economy.