CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Expenditure stories

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UK business AI spending surges 177%, ChatGPT up 835%

Wed, 2nd Oct 2024
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expenditure
UK companies have boosted AI spending by 177%, with specific tools like ChatGPT seeing an 835% rise, according to Soldo's latest Spend Index.
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Global AML expenditure by non-financial sectors to surge 170%

Wed, 22nd May 2024
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expenditure
Global spend on Anti-Money Laundering systems by non-financial entities is set to soar 170%, reaching $6.3 billion by 2028, driven by stricter regulations.
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APAC firms struggling with rampant cloud spending – report

Tue, 9th Apr 2024
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expenditure
A new Forrester report has highlighted poor Cloud Cost Management and Optimisation (CCMO) strategies across the Asia Pacific region.
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UK tech sectors battle component & skills shortages

Thu, 11th Jan 2024
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expenditure
UK's electronics, telecoms, and electrical sectors are grappling with major component and skills shortages, severely impacting their performance, a new report suggests.
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UK businesses regret two-thirds of recent software purchases

Thu, 30th Nov 2023
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expenditure
New survey reveals that over two-thirds of UK businesses regret their software purchases from the last 18 months.
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Hull NHS drastically cuts device search times with 'All-In-One Solution'

Sat, 18th Nov 2023
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expenditure
The Hull NHS significantly slashed search times for devices with 'All-In-One Solution', merging real-time location tracking and digital record systems.
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DoiT extends support for Microsoft Azure to enhance cloud cost control

Mon, 13th Nov 2023
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expenditure
DoiT has announced new support for Microsoft Azure billing data, further bolstering its cloud cost management technology.
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Seth Catalli predicts high enterprise adoption of Generative AI in 2022

Fri, 10th Nov 2023
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expenditure
Seth Catalli of Globality forecasts a surge in enterprise adoption of Generative AI, offering transformative benefits in 2022.
Data silos

Snowflake advances Data Cloud capabilities, ending data silos at Snowday 2023

Thu, 2nd Nov 2023
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expenditure
Snowflake at Snowday 2023 revealed advancements to its Data Cloud, enhancing governance capabilities and eliminating data silos.
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Australian businesses increasingly incorporating AI into marketing strategies

Thu, 2nd Nov 2023
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expenditure
Almost all Australian businesses now use artificial intelligence (AI) in their marketing strategies, according to a Twilio Segment study.
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Finance Committee's Crypto Report marks major milestone

Tue, 22nd Aug 2023
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expenditure
Binance commends the New Zealand Parliament’s Finance and Expenditure Committee for its inquiry into the current and future nature of cryptocurrencies in NZ.
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ICT expenditure the key to small business growth according to new Xero research

Mon, 6th Dec 2021
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expenditure
New data by Xero reveals that higher ICT expenditure for small businesses leads to greater sales growth, with New Zealand outperforming the UK and Australia.
Fallback

UDPATE: NZ economy grows 1% in 3Q as primary sector keeps momentum going

Thu, 18th Dec 2014
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expenditure
New Zealand's economy grew at a faster pace than expected in the September quarter as a good start to the dairy season and increased oil and gas ac.
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IkeGPS first-half sales almost double, loss widens

Thu, 20th Nov 2014
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expenditure
IkeGPS Group said first-half sales almost doubled along with its losses as the company that sells portable measuring devices uses the proceeds of i.
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Can Telehealth shape the future of medical treatment?

Thu, 13th Sep 2012
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expenditure
The provision of healthcare services and information by telecommunication methods could hold the potential to change the way we receive medical care.
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Finding common ground

Thu, 1st Jul 2010
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expenditure
In week two of my return to Telecom I found myself in front of the Finance and Expenditure select committee, talking to them about tax.