Consumer technology news from the future
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Equinix accelerates new data centre development with US$144m investment
"The SG5 IBX data centre aims to create more opportunities for enterprises in the region to build a strong digital foundation, enabling them to develop into the digital leaders of tomorrow.”
Organisations struggling to realise full business value from cloud investments
“Our study shows a surprisingly small two-year improvement in returns on corporate cloud initiatives, suggesting that a more thoughtful and holistic approach is needed to fully unlock the value of cloud.”
Ports ripe for major tech update, says IFS
IFS says Australian ports are lagging behind technologically and could risk becoming obsolete.
Data center firm EdgeConneX sold to EQT Infrastructure
EQT Infrastructure will continue to operate EdgeConneX with plans to pursue ‘aggressive’ growth in existing and new markets worldwide.
What will bring success for New Zealand following COVID-19?
A new report from economists and researchers in New Zealand states that the country needs to refresh many aspects of its economic strategy, including giving greater focus to innovation and the knowledge economy.
PwC: Investment in NZ startups remains resilient, despite lockdowns
Investment in New Zealand startups has remained relatively stable despite the COVID-19 lockdowns and disruption to business.
MYOB invests in local startup Flare to aid A/NZ businesses
“Our purpose at MYOB is to help more business owners in Australia and New Zealand start, survive and succeed, and what better way to do this than by empowering them to more efficiently onboard and engage the lifeblood of their business and their employees.”
IoT sees significant investment, despite economic uncertainty
Latest research from Gartner reveals that nearly half of organisations (47%) will increase investments in IoT technologies, despite the impact of COVID-19 on revenue and budgets.
MYOB buys 73% of workforce management vendor
The investment into Roubler will see MYOB integrating the workforce management platform into its own offerings.
WhiteHawk ramps up cyber revenues with US$1.5 million contract extension
WhiteHawk Limited has been awarded a fiscal 2021 option extension of US$1.5 million (A$2.1M) under an existing seven-year contract.
GeoSpock hits $32 million in funding after latest round
“We are delighted to have attracted investment and partnerships from such an extraordinary global base of investors which includes market leaders in blockchain, telecoms, smart building and smart cities solution innovators.”
UPDATED: Election 2020 - Which parties care about tech's role in New Zealand
Technology should be flying high when it comes to government investment and commitment from New Zealand's political parties. But is it?
Beyond Limits hits $133 million in Series C investment round
The company, which focuses on demanding sectors such as energy, utilities and healthcare, says the investment will help to drive the global expansion of AI technology.
'Cloud sprawl' catches firms out during COVID disruption
Businesses worldwide have increased their IT spend this year due to the COVID pandemic, leading to new concerns around IT budgets and cost control.
PPRO announces growth over COVID-19 and successful US$50m investment round
“Despite any challenges created by the pandemic, we’ve made great progress this year on our mission to turbocharge growth for our partners and their merchants. We’ve been able to make their expansion into new markets more lucrative.”
Stax invests in cloud's silver lining amid economic downturn
Even in the midst of a global economic downturn and inflation drops, now is the perfect time for investment.
A/NZ businesses still investing in AI, despite COVID-19
When it comes to Australia and New Zealand, new research has found that more than one half of enterprises implementing AI solutions say the deployments are enabling changes to their business models.
Energy sector leads turbulence across global economy
Exxon Mobil – the largest United States oil and gas company – suffered the hardest hit, losing a market cap of US$82.02 billion in the last six months.
Tech Data to invest $750 million in digital transformation initiatives
The investment will power Tech Data's strategy to accelerate innovation in ways that will deliver improved experiences and greater agility for businesses across the technology ecosystem.
US oil & energy providers hit by plunging market cap in 1H 2020
As the COVID-19 coronavirus pandemic continues to lead many market sectors into turbulence, the energy sector has not escaped unscathed.
Alibaba Cloud commits US$283M to aid partners in joint ventures
“The investment shows our commitment to help partners integrate their businesses with Alibaba Cloud, and together we will create more value for the global cloud industry.”
Alibaba Cloud to invest US$283 million to accelerate global partner innovation
The investment aims to bring its partners up to speed with digitalisation capabilities and create joint products and solutions to benefit more customers across all sectors.
Reach for the low-hanging fruit: How achieving a rapid ROI is becoming a leading AI trend
Focusing on returns, rather than adopting AI for its own sake, will drive the emergence of rapid AI ROI throughout the rest of 2020.
How to help your data scientists deliver better business value
Most people will describe someone who spends time extracting valuable insights from large volumes of information. While that definition is correct, unfortunately reality is rather different.