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Rising Costs Stories - Page 4

Global Stories

Rising Costs stories

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
Manhattan launches cloud tool to boost B2B order fulfilment
Digital Transformation

Manhattan launches cloud tool to boost B2B order fulfilment

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

By Catherine Knowles • 3 min read • Wed, 4th Jun 2025
UK motor insurance switching rises as premiums stabilise
Insurance

UK motor insurance switching rises as premiums stabilise

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

By Jed Nykolle Harme • 4 min read • Thu, 22nd May 2025
European brands shift eCommerce strategies beyond Amazon in 2025
Digital Transformation

European brands shift eCommerce strategies beyond Amazon in 2025

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

By Shannon Williams • 3 min read • Thu, 22nd May 2025
Stackpack raises USD $6.3 million to bring AI to vendor management
Software-as-a-Service

Stackpack raises USD $6.3 million to bring AI to vendor management

Stackpack has raised USD $6.3 million to enhance its AI platform that simplifies managing third-party vendor complexities for businesses.

By Melania Watson • 4 min read • Mon, 19th May 2025
Amazon Prime tops list as most cancelled app & subscription
Digital Entertainment

Amazon Prime tops list as most cancelled app & subscription

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

By Kaleah Salmon • 3 min read • Thu, 15th May 2025

Stories from Other Regions

Rising Costs stories

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
Tariffs, recession fears & agentic AI dominate US CEO calls
Data Analytics

Tariffs, recession fears & agentic AI dominate US CEO calls

In Q2 2025, US CEOs focused on tariffs, recession fears and rising interest in agentic AI during earnings calls, while attention to sustainability waned.

By Jed Nykolle Harme • 3 min read • Tue, 1st 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
Australian marketers boost budgets as commerce media reshapes ads
Customer Experience

Australian marketers boost budgets as commerce media reshapes ads

Australian marketers are boosting budgets for commerce media, which now makes up 30% of spend as brands shift to personalised, integrated shopping experiences.

By Melania Watson • 4 min read • Thu, 12th Jun 2025
AI adoption gap puts UK businesses at risk in procurement race
Digital Transformation

AI adoption gap puts UK businesses at risk in procurement race

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

By Jed Nykolle Harme • 3 min read • Fri, 6th Jun 2025
Rising costs & new rules drive cloud rebalancing for CIOs
Private Cloud

Rising costs & new rules drive cloud rebalancing for CIOs

Rising costs and new compliance rules are driving 83% of CIOs to rebalance cloud and on-premises workloads for better efficiency and control.

By Sean Mitchell • 5 min read • Wed, 28th May 2025
Catalyst AI update offers deeper insights for fleet managers
Platform-as-a-Service

Catalyst AI update offers deeper insights for fleet managers

Penske Truck Leasing upgrades Catalyst AI, analysing over 100 billion data points yearly to boost fleet operational decisions and efficiency insights.

By Catherine Knowles • 4 min read • Fri, 16th May 2025