Tropical Cyclone Alfred, the seventh named storm in the Australian cyclone season, is expected to drive economic and insured losses in the hundreds of millions of Australian dollars at least, according to insurance and reinsurance broker Aon.Cyclone Alfred made landfall near Brisbane on March 7th, but after a slow approach to land it had caused … Read more
A new report from Forrester forecasts global technology spending to grow by 5.6% in 2025, reaching an impressive $4.9 trillion—up from $4.7 trillion in 2024. This growth is attributed to several key factors, including the rapid adoption of software, IT services, generative artificial intelligence (genAI), and cloud technologies, with Asia Pacific and North America leading … Read more
A Gartner survey revealed that 73% of companies have added or removed production locations from their supply chain networks in the past two years. These changes have been driven by chief supply chain officers’ (CSCOs) emphasis on building resilience, agility and flexibility into their supply chains, rather than prioritizing the lowest-cost strategies. The data showed … Read more
