By leveraging online sales, UK auto retailers could reduce the transaction time taken to sell a vehicle by 75% and cut the costs incurred in the process by 45%, according to new research released by industry-leading automotive ecommerce solution provider GForces. The data indicates that, as per 2020, based on an annual used car market of 6.75 million sales, the industry could save £9.5 billion each year. Even a more conservative approach, based on a phased 30% transition to greater online selling, the sector could save £4.7 billion.
Tomorrow the UK government will identify ‘operators of essential services’ that will be required to comply with the security and incident reporting requirements set out in the European Security of Network and Information Systems (NIS) Directive. The Directive requires the identified businesses and service providers to ensure their technology, data and networks are secured and cyber resilient.
By Daniel Freeman, Senior Consultant, Scotwork International (Ireland) I expect that you will have encountered or seen a version of artificial intelligence (AI) at some point. You may have asked Siri or Alexa what the weather will be tomorrow, used Chat GPT to summarise an article, or even watched Terminator or Tron. As sci-fi as […]
More than a third of Brits plan to spend less on Christmas compared to last year, according to the results of a new global survey of 23,000 families. The research carried out by Ferratum, the international financial services company, analysed the Christmas plans of more than 23,000 families in 19 different countries.
With construction output and orders in decline, concern is growing that the sector is facing a protracted slowdown brought on by Brexit deadlock and the possibility of the UK’s exit from the EU with no deal. For many contractors and their suppliers, the risk of business failure has become an operational reality.