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Rising Costs Stories - Page 3

American Stories

Rising Costs stories

Global Stories

Rising Costs stories

UK & EMEA firms cut AI, IT budgets as cloud costs soar
Storage

UK & EMEA firms cut AI, IT budgets as cloud costs soar

UK and EMEA firms cut AI, cybersecurity, and IT budgets as soaring cloud costs and poor AI returns strain finances, says Akamai study of 750 IT leaders.

By Jed Nykolle Harme • 4 min read • Tue, 15th Jul 2025
James Zipeure appointed Group CEO to boost Mortar AI global growth
Digital Transformation

James Zipeure appointed Group CEO to boost Mortar AI global growth

James Zipeure appointed Group CEO of Mortar AI to spearhead global growth and launch new Marketing Mix Modelling tool across US, UK and Asia.

By Melvin Hipolito • 3 min read • Mon, 14th Jul 2025
Exclusive: How legacy systems expose firms to security and cost risks
Digital Transformation

Exclusive: How legacy systems expose firms to security and cost risks

Legacy IT systems hamper security and performance, forcing firms to choose between protection and agility amid rising hybrid work and regulatory demands.

By Melania Watson • 5 min read • Fri, 11th Jul 2025
AI and cloud growth demands smarter security for SMBs
Data Protection

AI and cloud growth demands smarter security for SMBs

SMBs across Asia Pacific embrace AI and cloud to boost growth, yet face rising cybersecurity challenges needing smarter, integrated security strategies.

By Rhonda Robati • 3 min read • Fri, 11th Jul 2025
Australian retailers cut free returns as delivery costs rise
Customer Experience

Australian retailers cut free returns as delivery costs rise

Australian retailers are cutting free returns and delivery incentives due to rising costs, shifting to local fulfilment and tech solutions to meet growing consumer demands.

By Sean Mitchell • 5 min read • Fri, 4th Jul 2025
As Microsoft Exchange 2016 and 2019 sunset, how can privacy-conscious organisations future-proof their email?
Email Security

As Microsoft Exchange 2016 and 2019 sunset, how can privacy-conscious organisations future-proof their email?

With Microsoft Exchange 2016 and 2019 ending support in 2025, organisations face critical choices over email privacy, cost, and data control in Australia.

By Rex Huang • 4 min read • Fri, 4th Jul 2025
How AI agents can help enterprise teams to scale
Customer Relationship Management

How AI agents can help enterprise teams to scale

By 2028, 33% of enterprises will use AI agents to boost productivity and scale efficiently, transforming workflows beyond traditional automation methods.

By Paul Rilstone • 4 min read • Tue, 1st Jul 2025
Forrester warns AI costs to surge from USD $2.3bn to USD $13.8bn
Digital Transformation

Forrester warns AI costs to surge from USD $2.3bn to USD $13.8bn

Forrester forecasts global generative AI spending to soar from USD $2.3bn in 2023 to USD $13.8bn in 2024, urging firms to optimise escalating costs strategically.

By Shannon Williams • 3 min read • Thu, 26th Jun 2025
Consumers cut spending as inflation & tariffs hit groceries
Supply Chain

Consumers cut spending as inflation & tariffs hit groceries

Rising inflation and tariffs are forcing global consumers to cut grocery spending, shift to discount retailers, and reduce purchases across several retail categories.

By Sean Mitchell • 5 min read • Wed, 18th Jun 2025

Stories from Other Regions

Rising Costs stories

Baemingo launches lending arm to support struggling EU restaurants
Fintech

Baemingo launches lending arm to support struggling EU restaurants

Baemingo launches a lending arm offering up to EUR €50,000 to struggling European restaurants facing inflation and labour shortages pressures.

By Kaleah Salmon • 3 min read • Wed, 16th Jul 2025
CareSuper partners with Macquarie for Azure migration, tech overhaul
Platform-as-a-Service

CareSuper partners with Macquarie for Azure migration, tech overhaul

CareSuper partners with Macquarie Cloud Services to migrate its AUD $57 billion tech infrastructure from AWS to Microsoft Azure for cost-effective modernisation.

By Melania Watson • 3 min read • Thu, 3rd Jul 2025
Australian SMEs opt for non-capital spending amid rising costs
Customer Experience

Australian SMEs opt for non-capital spending amid rising costs

Amid rising costs and economic uncertainty, 91% of Australian SMEs plan to prioritise non-capital spending over major investments in 2025-26.

By Shannon Williams • 3 min read • Thu, 3rd Jul 2025
MSME Day 2025: Fixing compliance to power productivity
Small Business

MSME Day 2025: Fixing compliance to power productivity

On MSME Day 2025, Australia's small businesses face growing compliance challenges from new laws, risking productivity but solutions through automation offer hope.

By Matt Loop • 5 min read • Mon, 30th Jun 2025
UK firms pay higher ransoms as recovery costs from attacks rise
Firewalls

UK firms pay higher ransoms as recovery costs from attacks rise

UK firms pay higher ransoms amid rising recovery costs from ransomware attacks, with 54% choosing to pay and median payouts at USD $1 million, Sophos reports.

By Jed Nykolle Harme • 4 min read • Sat, 28th Jun 2025
Majority of Britons back fines for long customer call waits
Customer Experience

Majority of Britons back fines for long customer call waits

A survey reveals 62% of Britons support fining companies for long hold times, with older consumers especially backing penalties amid rising costs.

By Kaleah Salmon • 3 min read • Fri, 20th Jun 2025
New Zealanders switch providers as broadband & power costs rise
Unified Communications

New Zealanders switch providers as broadband & power costs rise

New Zealanders face rising broadband and power costs this winter, prompting a surge in provider switches as households seek to cut bills amid the cost-of-living crisis.

By Melania Watson • 3 min read • Thu, 19th Jun 2025
New Zealand business optimism surges as firms embrace AI gains
Artificial Intelligence

New Zealand business optimism surges as firms embrace AI gains

Optimism among New Zealand firms hits a peak since 2021, as 45% anticipate growth, boosted by AI-driven productivity and rising customer demand in 2025.

By Melania Watson • 4 min read • Tue, 17th Jun 2025