Rising Costs stories - Page 2

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

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.

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.

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

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

Only 32% of UK firms use AI in procurement, risking competitive disadvantage as early adopters gain efficiency and resilience in supply chain management.

Manhattan Associates unveils Enterprise Promise & Fulfill, a cloud-native tool enhancing B2B sales and order fulfilment by integrating with existing ERP systems.

More UK motorists shopped around for insurance in H2 2024, with 25% switching providers, up from 20% in 2023 amid rising price competitiveness.

Nearly 80% of European brands plan to expand eCommerce beyond Amazon in 2025, embracing hybrid models amid rising costs and operational challenges.

Amazon Prime leads digital subscription cancellations with 578,000 monthly searches, as users reconsider services amid rising costs and tiered pricing models.

Rising UK payroll costs due to higher National Living Wage and NIC are driving BPOs and contact centres to seek cheaper offshore alternatives like South Africa.

Retailers face GBP £7 billion in rising costs due to new regulations; commercetools unveils platform updates to boost efficiency and customer loyalty.

The Cloud Security Alliance launches the Compliance Automation Revolution with Google, Oracle and others to simplify regulatory compliance in data security and privacy.

Bugcrowd launches Red Team as a Service, offering scalable, intelligence-led cyber attack simulations via a global network of ethical hackers.

IDeaS has launched Spotlight, a new AI-driven hotel demand tool to help marketers target campaigns and optimise budgets amid rising costs.

Proofpoint has launched Proofpoint Prime Threat Protection, uniting multichannel cyberdefence and employee education to cut costs and cyber risks globally.

Proofpoint launches two new cybersecurity platforms aimed at unifying threat protection and data security across multiple channels and environments.

A new study by AutoRek reveals that 90% of the payments sector still relies on outdated systems, risking inefficiency and regulatory compliance.

Object Edge will host the Manufacturing Edge Leadership Summit, focusing on digital transformation to tackle key challenges in the sector amid economic turbulence.

The hospitality sector embraces AI to enhance guest experiences, as SevenRooms launches innovative tools promising to streamline operations and reduce costs.