Rising Costs stories

Canadian firms are harnessing AI and efficiency to turn tariff shocks and labour shortages into a new edge: resilience-driven growth.

Fleet operators cautiously trial AI to tame rising costs as ageing vehicles and maintenance bottlenecks drive up downtime and service spend.

Stress is costing Canadian small business owners 31 workdays a year, with many losing sleep, missing events and weighing up closing shop.

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.

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

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

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

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A new study by AutoRek reveals that 90% of the payments sector still relies on outdated systems, risking inefficiency and regulatory compliance.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

Small and medium-sized businesses must embrace automation to thrive amid rising costs and stiff competition, experts stress as technologies become increasingly accessible.

New research from Semarchy reveals a stark contrast between businesses' ambition to invest in AI and their concerns about data quality, with only 46% trusting their data.

Geotab has launched two innovative products designed to enhance vehicle maintenance efficiency for fleets, tackling rising costs and unexpected breakdowns.

Taboola has unveiled Realize, a groundbreaking platform designed to elevate performance advertising beyond traditional native ad placements, leveraging its extensive data and AI.

The Trump administration's 25% tariffs on aluminium and steel imports send shockwaves through global industries, intensifying costs and supply chain challenges.