Rising Costs Stories - Page 10

UK Stories

Rising Costs stories

UK consumers prioritising price over brand loyalty

A report by ServiceNow finds cost as the primary driver of UK consumer brand loyalty, with 67% being less brand loyal than two years ago.

By Shannon Williams • 3 min read • Fri, 26th Apr 2024

Software-as-a-Service

Cydea's platform revolutionises cybersecurity risk with monetary values

Cydea's innovative risk platform provides a numerical representation of cybersecurity threats, reshaping risk management practices and bolstering decision-making processes in UK businesses.

By Kaleah Salmon • 3 min read • Tue, 23rd Apr 2024

SAP

UK business expenses surge 24% due to inflation, says SAP Concur

UK business expenses surged 24% in FY 23/24, double the inflation rate peak, largely driven by increased costs in air travel, entertainment, and car hire, according to SAP Concur.

By Kaleah Salmon • 3 min read • Wed, 3rd Apr 2024

Robotics

Can utilities keep the lights on in the face of extreme weather?

As extreme weather threatens energy infrastructures, UK utilities are seeking to bolster network resilience against outages, with smart technologies and AI playing a crucial role.

By Phil Beecher • 4 min read • Wed, 27th Mar 2024

Government

UK landline digital switchover summons connectivity fears

UK landline switchover to digital could jeopardise safety of 95% of those over 65, according to disability and elderly advocacy groups urging for delay until 2030.

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

Software-as-a-Service

Rivero secures $7 million to boost Europe-wide fintech growth

Swiss fintech firm Rivero has raised $7m in a Series A funding round to expand its Europe-wide presence.

By Catherine Knowles • 2 min read • Tue, 16th Jan 2024

Global Stories

Rising Costs stories

Recruitment

Employment report reveals 2024 forecasts & anxieties

People2people Recruitment's latest report presents business growth predictions, employment preferences, and worker anxieties for 2024.

By Shannon Williams • 3 min read • Wed, 1st May 2024

Data Analytics

Copyright infringement risks impacting GenAI adoption

Rising costs of intellectual property protection could hamper the adoption of generative AI and impact returns by 2026.

By Shannon Williams • 2 min read • Fri, 15th Mar 2024

Health Technologies

Rise in poly-employment among shift workers hits 25-year high

Australian shift workers are increasingly taking on multiple jobs, a trend called 'poly-employment', which has reached a 25-year high.

By Shannon Williams • 3 min read • Tue, 13th Feb 2024

Hybrid & Remote Work

SMEs ditch hybrid work, cite rising costs as top concern

Over half of New Zealand's SMEs have returned to office-based work amid cost concerns, while globally, businesses turn to flexible hours and upskilling.

By Shannon Williams • 3 min read • Wed, 3rd Jan 2024

Hyperscale

Equinix report explores Australian mining leaders' tech views amidst uncertainties

Equinix's latest report reveals Australian mining leaders maintain optimism amidst geopolitical and economic challenges, acknowledging technology's crucial role in industry adaptation.

By Kaleah Salmon • 3 min read • Tue, 28th Nov 2023

Manufacturing

AI, Machine Learning boom to dominate the year 2024

2024 predictions: Increased use of AI, collaboration, servitisation, near-shoring, and additive manufacturing in industries. Non-fragile approach needed.

By Matthew Addley • 4 min read • Fri, 3rd Nov 2023

Stories from Other Regions

Rising Costs stories

Supply Chain

AI use surges in Australia's construction industry

AI use is rapidly growing in Australia's construction sector, with 30% of firms trialling or implementing AI technologies to tackle rising costs.

By Shannon Williams • 3 min read • Fri, 10th May 2024

Cartech

Aussies sold on EVs but rising costs deter potential buyers

New research reveals a shocking 94% of Australian electric vehicle owners would buy another, hindered by the rising cost of living and charging infrastructure.

By Imee Dequito • 3 min read • Wed, 24th Apr 2024

Encryption

Aussie corporate sector warned to enhance cloud security

Australian businesses are urged to bolster their cloud security following a government report showing 40% of data breaches targeted cloud services annually.

By Shannon Williams • 3 min read • Thu, 28th Mar 2024

Fleet Management

Australian fleet managers embrace tech to combat rising costs

Amid expanding operational costs, Australian fleet managers increasingly adopt GPS fleet tracking and other tech solutions, significantly reducing fuel, labour, and maintenance costs, the 2024 Fleet Technology Trends Report reveals.

By Sean Mitchell • 3 min read • Wed, 13th Mar 2024

EduTech

Australian VETs increasingly prioritise digital transformation

Digital transformation in Australian Vocational Education and Training (VET) providers surges, aiming to boost student enrolment and retention, as revealed by ReadyTech's report.

By Catherine Knowles • 3 min read • Wed, 28th Feb 2024