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

Economy stories - Page 2

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High cost of Privileged Access Management preventing deployment

Thu, 24th Aug 2023
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pam
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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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Customer loyalty proves critical for grocery retailers

Wed, 28th Jun 2023
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edutech
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cx
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martech
New Eagle Eye research reveals how grocery retailers can win with customer loyalty standards and practices in light of the current economic climate.
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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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supply chain
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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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Customer trust crucial during times of economic struggle - report

Wed, 17th May 2023
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cx
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martech
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revenue management
Lack of customer trust in banks, investment firms, and life insurers found in Asia Pacific, according to Forrester survey.
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Five product development trends impacting the CAD market

Mon, 1st May 2023
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manufacturing
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supply chain
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inflation
The Computer Aided Design (CAD) market continues to be driven by the needs of manufacturers in response to macroeconomic trends.
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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.
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Global IT spending in 2023 continues to trend downward

Thu, 6th Apr 2023
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it budget
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investment
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analyst report
IDC lowers its 2023 forecast for global IT spending for the fifth month in a row, as the weak economy takes its toll.
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The factors that will shape cloud computing in 2023

Wed, 25th Jan 2023
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cloud security
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finops
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clean technologies
2023 will be a pivotal year for cloud computing with some of the key trends from previous years even more relevant due to the effects of the economic downturn.
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Alternative Data: Insights, Markets, and Decay of Value

Tue, 17th Jan 2023
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data analytics
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bi
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big data
Alternative data, which has revolutionized investing, provides valuable insights that should be acted upon quickly to gain an advantage.
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Equinix enters Malaysia with $40m data center investment

Thu, 1st Dec 2022
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hyperscale
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dc
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colocation
World-class digital infrastructure will accelerate digital economy transformation in Malaysia and the wider ASEAN region.
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Economic disruption remains largest threat to business

Fri, 4th Nov 2022
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digital entertainment
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supply chain
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video
CFOs expect the impending recession, supply chain constraints and inflation to continue into 2023 and are feeling the impact across their organisations.
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AWS Japan data centres see ¥348 billion in capital and operational investments

Thu, 13th Oct 2022
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hyperscale
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public cloud
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dc
AWS has made ¥348 billion in capital and operational investments in its data centres in Japan, with plans to be a multiplier for the country's economy.
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Is 'dirty data' damaging your business?

Tue, 11th Oct 2022
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crm
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data analytics
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martech
The economic impact of 'wrangling' messy data: brands lose revenue, customers, and marketing opportunities. Identity resolution is key.
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Data leaders more likely to boost innovation and profit - report

Thu, 6th Oct 2022
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data analytics
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siem
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martech
Splunk in collaboration with the Enterprise Strategy Group, has released the Economic Impact of Data Innovation 2023, a global research report.
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COVID-19 relief innovation takes 2022 SAS Hackathon crown

Thu, 29th Sep 2022
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data analytics
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martech
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planning
In COVID-19's wake, more than 287,000 MSMEs joined JakPreneur, a collaborative government platform that links entrepreneurs and stakeholders.
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Talend Data Health Barometer reveals ability to manage data is worsening

Tue, 27th Sep 2022
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data management
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talend
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economy
Most respondents believe data is important, 97% face challenges in using it effectively, and nearly half say it's not easy to use data to drive business impact.
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IDC finds the majority of executives expecting a recession

Mon, 26th Sep 2022
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data analytics
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martech
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planning
59% of respondents believe 2023 will be a recession year. Of these, nearly 30% believe we are amidst a recession. Another 26% expect a recession in later 2022.