Oxford Economics Stories

Global Stories

Oxford Economics stories

Software-as-a-Service

Global 2000 downtime costs rise to USD $600 billion

Outages are now costing Global 2000 firms USD $600 billion a year, as a single incident can wipe 3.4% off share prices.

By Sofiah Nichole Salivio • 4 min read • Last week

Data Protection

New Zealand mid-sized firms lag on AI readiness, MYOB finds

Cybersecurity and skills gaps are leaving many mid-sized firms unable to turn AI investment into stronger profits or revenue growth.

By Joseph Gabriel Lagonsin • 5 min read • Last month

Digital Transformation

Asia Pacific faces trust & culture test in AI shift

Asia Pacific's rapid AI adoption is running ahead of culture and trust, with leaders warning a “Human Advantage” gap could decide who wins.

By Sofiah Nichole Salivio • 5 min read • Thu, 12th Mar 2026

Firewalls

CISOs cautious as agentic AI adoption in security lags

CISOs slow-roll agentic AI in defence, even as they brace for more advanced, AI-boosted attacks and rising personal liability risks.

By Sofiah Nichole Salivio • 4 min read • Wed, 25th Feb 2026

Data Analytics

TCS to create 5,000 UK jobs with new AI Zone & studio in London

Tata Consultancy Services will create 5,000 UK jobs and open a new AI Experience Zone and Design Studio in London, boosting innovation and skills.

By Shannon Williams • 4 min read • Wed, 15th Oct 2025

Artificial Intelligence

UK AI maturity drops despite continued high investment

UK organisations' AI maturity score dropped 9 points to 35 despite rising investments and over 100 AI projects launched by 56% of businesses surveyed.

By Jed Nykolle Harme • 4 min read • Mon, 16th Jun 2025

Security Information and Event Management

CISOs gain greater influence in corporate boardrooms

A global study reveals a significant shift in the role of Chief Information Security Officers, with 82% now reporting to CEOs and active in board meetings.

By Shannon Williams • 3 min read • Mon, 27th Jan 2025

Agricultural Technology

Cognizant unveils major upgrades to Neuro AI platform

Cognizant has upgraded its Neuro AI platform to enhance AI productivity for businesses, introducing tools like Opportunity Finder for efficient use case identification.

By Catherine Knowles • 4 min read • Thu, 17th Oct 2024

Generative AI

ANZ leaders invest USD$15 million in generative AI for 2024

Australia and New Zealand are outpacing the world in generative AI investment, committing USD$15 million in 2024, surpassing the global average.

By Shannon Williams • 4 min read • Wed, 2nd Oct 2024

Stories from Other Regions

Oxford Economics stories

Digital Transformation

Australian mid-sized firms gain from AI, but skills lag

Yet most Australian mid-sized firms still lack the training and governance needed to turn AI use into broader revenue gains.

By Sean Mitchell • 4 min read • Last month

Digital Transformation

Axiologik launches AxioIntelligence AI readiness tool

Axiologik unveils AxioIntelligence to help UK firms judge AI readiness, amid soaring pilots and average spend of GBP £15.94 million.

By Kaleah Salmon • 4 min read • Wed, 11th Mar 2026

EduTech

Submer, Hammer partner to expand UK AI liquid cooling

Submer teams with Hammer to offer UK and European resellers local access to AI-focused liquid cooling as dense data centre demand surges.

By Sean Mitchell • 4 min read • Fri, 6th Mar 2026

Robotics

MYOB data shows Australian SME growth surges with digital focus

Australia's SME sector posts strongest half-year growth since 2023, driven by digital adoption and productivity, nearing pre-pandemic output levels.

By Melvin Hipolito • 3 min read • Wed, 3rd Dec 2025

Data Analytics

Crossroads, crossfire, or a $60bn productivity opportunity?

Australian businesses could unlock a USD $60bn productivity gain by saving 8%-10% on external supplier spend without job or performance cuts.

By Simon Geale • 4 min read • Fri, 21st Nov 2025

Digital Transformation

Australian AI investment lags but ROI set to double by 2028

Australian firms invest less in AI than global rivals, yet ROI is set to nearly double from 15% to 29% by 2028, boosting returns from USD $3.2m to $8.2m.

By Melvin Hipolito • 4 min read • Wed, 15th Oct 2025

Productivity

Australian agriculture powers SME resilience as broader growth steadies

Australian SMEs show steady performance in Q2 2025, with agriculture leading growth despite challenges like US tariffs and reduced workforce.

By Sean Mitchell • 4 min read • Tue, 2nd Sep 2025

Digital Transformation

Australia risks falling behind as AI talent & planning lag

Australia risks falling behind in AI as talent shortages and unclear strategies hamper progress amid rising investment and workforce concerns.

By Sean Mitchell • 4 min read • Mon, 21st Jul 2025

Storage

Hitachi Vantara launches VSP One with three key guarantees

Hitachi Vantara has launched new guarantees for its VSP One platform to boost enterprise storage with assured performance, cyber resilience, and up to 40% lower carbon footprint.

By Melvin Hipolito • 4 min read • Tue, 22nd Apr 2025