CFOtech UK - Technology news for CFOs & financial decision-makers

Economic downturn stories

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Equinix report explores Australian mining leaders' tech views amidst uncertainties
Last week
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equinix
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skills shortage
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data
Equinix's latest report reveals Australian mining leaders maintain optimism amidst geopolitical and economic challenges, acknowledging technology's crucial role in industry adaptation.
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Centrix and Envestnet | Yodlee to enhance financial data in New Zealand
Last month
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nz
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economic downturn
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brokers
Centrix partners with global data aggregator Envestnet | Yodlee to enhance financial data improving bank feeds for New Zealand. .
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Australian shoppers heavily rely on user-generated content for purchases
Last month
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reviews
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social media
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quality
Over 80% of Australian consumers rely on user-generated content to influence purchase decisions, finds Bazaarvoice.
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Navigating uncertainty: The value of a robust finance unit
Mon, 4th Sep 2023
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fintech
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blackline
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productivity
With the economy in a state of flux, a proactive, a high-performing Finance and Accounting team is the best asset an organisation can have.
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1.1 million SMEs risk collapse in current UK economy: CyberSmart
Fri, 4th Aug 2023
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cybercriminals
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economic downturn
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fraud
According to the survey, 15% of senior SME leaders are willing to commit accounting/tax fraud or evasion to ensure survival.
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Offboarding strategies crucial during economic downturn
Fri, 7th Jul 2023
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strategy
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ex
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economic downturn
Over a third of Australian companies have made lay-offs in the last year, according to a study by Capterra. Find out more here.
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Huawei Cloud sets off SMB business development revolution
Wed, 19th Apr 2023
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integrated products
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huawei cloud
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business management platform
Huawei Cloud's new Digital Workspace package is designed to help SMBs keep up with digital transformation amid economic uncertainty.
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How CFOs can plan for the financial pressures in 2023
Tue, 18th Apr 2023
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planning
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it automation
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ai
Throughout 2023, CFOs need to explore how to manage their spending during a recession and look beyond just cutting budgets or reducing expenses.
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CFOs prepare to automate their way through a challenging future
Wed, 15th Mar 2023
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it automation
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financing
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cfo
After a year of unexpected challenges for CFOs, they are looking increasingly to automation and technology to manage what comes their way.
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How can retailers become more recession resilient?
Tue, 7th Mar 2023
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cx
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spending
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retail
With another recession looming, retailers must prioritize customer experience and mitigate developer burnout to survive and thrive.
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How companies can save money on cloud usage
Wed, 1st Mar 2023
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cloud services
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innovation
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economic downturn
Companies are finding that their bills are rising as they harness the cloud to use new technologies and explore new opportunities.
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Understanding end-user behaviour critical for cost-cutting and sustainability goals
Tue, 7th Feb 2023
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sustainable it
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cios
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e-waste
CIOs have an opportunity to take a comprehensive look into the health of their IT infrastructure, and in particular, end-user experience.
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China’s smartphone market fell to a decade low in 2022
Fri, 3rd Feb 2023
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smartphones
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idc
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china
IDC says that the full-year market size neared the level ten years ago when two out of five mobile phone shipments were still feature phones.
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Use the downturn to set your business up well for the upswing
Mon, 12th Sep 2022
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leadership
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inflation
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financial results
How can businesses navigate an economic downturn? Invest in compliance, marketing, R&D, and customer service, say experts.
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NZ economy entering 2021 as fit as a fiddle - research
Thu, 31st Dec 2020
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economics
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economic forecast
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economic downturn
New Zealand's economy is poised for a strong start in 2021, rebounding sharply from its COVID-induced recession. .
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Ensuring business continuity during COVID-19
Wed, 29th Apr 2020
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dr
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business continuity
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new relic
There are three main areas that IT leaders must focus on when striving to ensure business continuity is maintained during the pandemic.
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Disruption – it's coming, ready or not
Tue, 28th Apr 2020
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innovation
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productivity
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economic downturn
Suddenly the ultimate disruption has blindsided us and much of what was purely aspirational has become urgent necessity.
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COVID-19: 92% of top 25 tech companies report market capitalisation decline
Fri, 24th Apr 2020
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globaldata
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economic forecast
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covid-19
23 of the top 25 tech companies have reported a major quarter-on-quarter decline in market capitalisation for Q1 2020, according to new research.