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

Economy stories - Page 2

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Great Office Return sees 92% of firms initiate mandatory in-office policy

Tue, 30th Jan 2024
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microsoft
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Amid the 2023 'Year of the Great Office Return', 92% of UK firms enacted mandatory in-office policies leading to 40% reinstating a full workweek, despite notable commuting costs and disruptions.
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ISG secures contract to build secondary 30MW data centre in Slough

Thu, 21st Dec 2023
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hyperscale
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supply chain
ISG will construct a second datacentre with a 30MW capacity in Slough, marking a new phase for UK's largest data centre hub. .
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E-CTC calls for better online trade support for small businesses

Tue, 5th Dec 2023
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government
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economy
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revenue
eCommerce Trade Commission (E-CTC) campaigners for enhanced online trade support to boost UK small business growth.
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Isle of Man launches biggest Innovation Challenge to tackle global business issues

Tue, 28th Nov 2023
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fintech
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supply chain
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clean technologies
Isle of Man announces largest Innovation Challenge, seeking global enterprises to pitch solutions for key business issues.
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Digital Poverty Alliance hosts UK discussions on inclusive technology future

Mon, 16th Oct 2023
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clean technologies
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education, learning & training
Digital Poverty Alliance leads industry talks on eradicating digital poverty for a more inclusive UK tech future.
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NZ tech firms RUSH and Downer to develop road safety AI

Wed, 11th Oct 2023
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it industry
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engineering
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r&d
New Zealand technology company RUSH and Downer Transport & Infrastructure have secured funding to develop AI technology to increase road safety.
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PC market continues on downward spiral as global volumes drop

Tue, 10th Oct 2023
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supply chain
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notebook
While most of the top 5 vendors experienced double-digit declines during the quarter, Apple experienced an outsized decline.
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UK's FinTech sector thrives: Driving growth & social impact

Sat, 7th Oct 2023
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clean technologies
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jobs
UK FinTech's booming, fueling growth and positive social impact, according to a new report by Innovate Finance and Accenture.
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Next decade to see us mining landfills for valuable resources: ISB Global CEO

Thu, 5th Oct 2023
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clean technologies
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sustainability
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safety
Mining landfills may become a reality in the next decade as resources deplete, warns Chris Williams, CEO of ISB Global.
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Government selects ICEYE to strengthen disaster response

Thu, 7th Sep 2023
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data analytics
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cloud services
ICEYE will empower national and provincial agencies throughout Australia to enhance country-wide resilience and supply flood and bushfire hazard data.
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High cost of Privileged Access Management preventing deployment

Thu, 24th Aug 2023
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cybersecurity
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cyber attacks
While 91% of IT leaders are better protected with Privileged Access Management, they are seeking more affordable solutions amid economic downturn.
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1.1 million SMEs risk collapse in current UK economy: CyberSmart

Fri, 4th Aug 2023
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fintech
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financial systems
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supply chain
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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Conversational AI's role in optimising debt collection

Mon, 10th Jul 2023
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digital transformation
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fintech
By leveraging conversational AI, companies across multiple sectors can automate various aspects of customer interactions.
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Google reports - rise of AI set to boost UK economy by $400Bn

Fri, 7th Jul 2023
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ai
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google
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The rise of AI could boost the UK economy by £400bn by 2030, according to a report by Google, despite job losses.
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Software spend set to grow 13.5% in 2023 - Gartner report

Wed, 21st Jun 2023
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software
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it budget
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investment
Worldwide banking and investment services IT spending is forecast to reach $652.1bn in 2023, with software seeing the largest growth, according to Gartner.
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APAC tech spend remains robust despite fragile economy

Wed, 7th Jun 2023
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cloud services
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it budget
In spite of challenges including fragile post-pandemic supply chains, Asia Pacific tech spend will continue to grow by 6.8% to 7.3% per year from 2024 to 2027.
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Holistic API security needed in face of increasing cybersecurity risk

Mon, 29th May 2023
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supply chain
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api
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cybersecurity
Growing digital ecosystems, increasing cybersecurity risk, fragmented regulations and economic challenges emphasise the need for holistic API security.
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Governments increase digital investments in response to global turmoil

Thu, 25th May 2023
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government
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it budget
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modernisation
Global challenges like inflation and workforce scarcity and their local repercussions are testing the abilities of government CIOs.
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How CFOs can plan for the financial pressures in 2023

Tue, 18th Apr 2023
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data analytics
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planning
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it automation
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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SYSPRO chimes in on economic and supply chain challenges

Tue, 18th Apr 2023
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supply chain
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inventory management systems
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syspro
The company has stated that what began as supply chain issues post-pandemic has evolved into severe inflation on a global scale.