Manufacturing Faces Rising Cyber Threats, Report Reveals
The manufacturing industry is under significant threat from escalating cyber attacks, according to a recent report by KnowBe4. The findings highlight the urgent need for robust cybersecurity measures as threats become increasingly sophisticated. In the report titled “Manufacturing: Maintaining Stability…
# Rising tech insolvencies in Australia: How businesses are using software Escrow to shield from vendor risks
In recent years, Australia has seen a significant rise in corporate insolvencies that raises eyebrows across various industries. The Australian Securities & Investment Commission (ASIC) reported a staggering 39% increase in external administrations during the 2023-24 financial year. This jump…
Beyond, Inc. and Kirkland’s: A Strategic Partnership to Revitalize Bed Bath & Beyond
In a significant move to reignite the Bed Bath & Beyond brand, Beyond, Inc. has announced its collaboration with Kirkland’s, Inc., following a lucrative $40 million deal with The Container Store. This partnership, valued at $25 million, aims to reintroduce…
Freshworks Launches Freddy AI Agents for Swift Deployment
In a significant development for businesses navigating the evolving digital landscape, Freshworks has introduced its latest innovation—Freddy AI Agents. These intelligent systems promise rapid, no-code deployment within just 30 minutes, strategically aimed at enhancing customer service operations, particularly for midmarket…
Freshworks Launches Freddy AI Agents for Swift Deployment
In an age where businesses constantly seek efficiency and responsive customer service, Freshworks has introduced its new Freddy AI Agent, a groundbreaking tool that promises rapid deployment and cost-effective solutions for midmarket companies. This innovative AI system aims to enhance…
Salesforce Launches Next-Gen Commerce Cloud for Unified Commerce
In today’s rapidly transforming digital landscape, small businesses are positioning themselves to thrive by tapping into digital channels, which are expected to account for 54% of their revenue by 2025, according to Salesforce Inc. This is a notable increase from…
The Challenge of Balancing Sustainability and Customer Expectations in E-Commerce
In an age where consumers are becoming increasingly conscious of their purchasing choices, the significance of sustainability has soared. However, a recent survey conducted by Digital Commerce 360 and Bizrate Insights reveals a complex scenario for online retailers. The study…
Parts Town Unlimited Expands Digital Offerings in the HVAC Industry with Truck Stock Initiative
In an ambitious move, Parts Town Unlimited, a formidable player in the digital marketplace with over $2 billion in annual sales, is setting its sights on the heating, ventilation, and air conditioning (HVAC) sector. The company aims to strengthen its…
Asian Super Apps Growth Slows but Remain Dominant
The landscape of Asian super apps is witnessing a notable shift. Despite maintaining a stronghold in the market, recent research indicates that growth rates are declining. According to a report from SplitMetrics, while Asian super apps contribute significantly to global…
True Value Heads Into Bankruptcy But Stores Will Stay Open
On October 23, 2024, True Value, a well-known name in the hardware retail sector, filed for Chapter 11 bankruptcy, revealing plans to sell its operations. Despite this significant development, True Value stores will remain open throughout the bankruptcy process, ensuring…
