Digital Economy stories - Page 8

Southern Cross, Alcatel Submarine Networks and OMS Group will build the SX Tasman Express, adding 400Tbps capacity between Sydney and Auckland by 2028.

New Zealand's cloud spending is set to reach NZD $9.6 billion by 2028, but only a third of businesses are ready to exploit its full potential.

BW Digital has set a new data record, transmitting 1.2 Tb/s per wavelength over 4,300km of the Hawaiki Transpacific Cable using Ciena's WaveLogic 6 Extreme.

Vertiv has opened its new Sydney HQ with the first Customer Experience Centre in Australia, enhancing support for the nation's growing digital economy.

Sinch is named a Tier 1 vendor in ROCCO's 2024 RCS Messaging Market Impact Report, praised by operators in 64 countries for technical strength and reliability.

Red Hat boosts hybrid cloud and AI workloads by expanding partner support and releasing Red Hat Enterprise Linux 10 across major cloud platforms.

Temu has joined the International Anti-Counterfeiting Coalition's Marketplace Advisory Council to strengthen efforts against online counterfeit goods.

Stablecoins, digital currencies pegged to stable assets like the US dollar, are emerging as dependable players reshaping the crypto and global finance landscape.

New Zealand SMEs could boost GDP by NZD $8.6bn by 2025 through digitalisation, says report by Xero and NZ Institute of Economic Research.

Ecommpay has been shortlisted for three awards at the PayTech Awards 2025, recognising innovation in payments, anti-fraud, and diversity leadership.

At the OpenAI Forum, experts discussed AI's hidden economic value beyond GDP and its fast adoption compared to past technologies like electricity.

Forrester warns that US-China tariffs could reduce Asia Pacific tech spending growth in 2025 by 1-2 points, despite strong AI and cloud demand.

Agentic AI is transforming Australian businesses, enabling smarter, faster decisions and reshaping innovation, productivity and growth strategies.

The Technology Users Association urges New Zealand to boost its digital strategy, tackling cybersecurity and tech skills gaps to remain globally competitive.

Skyfire and Cequence Security partner to enable secure, compliant access and transactions for AI agents across digital services globally.

As AI reshapes creativity, experts call for reform of IP laws rather than abolition, warning that current rules fail to protect smaller creators and Indigenous cultures.

SAP appoints Liher Urbizu as President for Southeast Asia, focusing on AI and cloud innovation, while Verena Siow shifts to regional APAC leadership role.

N-able has unveiled new integrations in its Technology Alliance Program, enhancing tools for partners to boost cybersecurity and operational efficiency.

Equinix has signed its inaugural renewable energy Power Purchase Agreement in Japan, securing 30 MW of capacity from a solar project in Hokkaido.

Ecommpay has been named a finalist in four categories at the Retail Systems Awards, recognising its innovations in payment solutions and fraud prevention.