The COVID-19 pandemic has accelerated digital transformation efforts in India According to the International Data Corporation (IDC), the India public cloud services (PCS) market, which includes infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS) solutions, generated a revenue of $US6.2 billion in 2022. The market is projected to reach $US17.8 billion…
Read MoreCIO Tech Team
Westpac offers Tap to Pay on iPhone
This eliminates the need for additional hardware or payment terminals Westpac, a financial institution, has announced the enablement of Apple’s Tap to Pay on iPhone contactless payment technology. This new feature provides business customers with an easy and secure payment option to accept in-person contactless payments using their compatible iPhone.…
Read MoreOrganizations in India are embracing digital transformation
Indian organizations have shown a higher adoption rate of digital strategies According to a recent report by International Data Corporation (IDC), 69 per cent of organizations consider themselves “digital businesses” with well-defined digital strategies and widespread implementation of digital technologies. Another 22 per cent of organizations do not prioritize digitalization,…
Read MoreEmbracing AI as an organizational role
Human-machine learning loop ensures human feedback and judgement According to Gartner, building an AI-driven finance organization for the future requires a combination of technical and business skills that many finance teams currently lack. During the Gartner CFO & Finance Executive Conference, analysts discussed the importance of incorporating new AI-focused roles…
Read MoreFTC and DOJ Charge Amazon with violating child privacy
Proposed order to require Amazon to pay $US25 million The Federal Trade Commission (FTC) and the Department of Justice (DOJ) have reached a settlement with Amazon regarding charges that the company violated the Children’s Online Privacy Protection Act Rule (COPPA Rule) and deceived parents and users of the Alexa voice…
Read MoreMobile services market in Hong Kong faces stagnation
5G only positive trend in an otherwise stagnant market According to GlobalData, a leading data and analytics company, the mobile services market in Hong Kong is expected to face stagnation, with limited overall revenue growth projected despite the anticipated surge in 5G service adoption. Here are some key insights from…
Read MoreFive ways software will accelerate sustainability
Technology has an outsized role in almost every aspect of sustainability DXC Technology, a global technology services company, predicts that software will play a crucial role in creating a more sustainable future over the next five years. Henrik Hvid Jensen, Chief Technology Strategist at DXC, highlights five ways technology will…
Read MoreThree pillars of human leadership for finance AI
The key challenge lies in employees disengaging due to change and concerns about job security According to Gartner, the rapid advancement of AI tools in finance highlights the importance for CFOs and finance leaders to demonstrate adaptivity, empathy, and authenticity—the three core pillars of human leadership. While AI technology can…
Read MoreASX appoints new Chief Information Officer feautred
ASX’s recently decided to create a dedicated technology division sparking this new hire ASX, the Australian Securities Exchange, has announced the appointment of Tim Whiteley as Chief Information Officer (CIO), effective from July 1, 2023. In his role as CIO, Whiteley will oversee the enterprise technology functions, technology and data…
Read MoreAutomation can address burnout and improve job fulfilment
Employees are being asked to do more work with less support A survey commissioned by UiPath, a leading enterprise automation software company, reveals that 69 per cent of workers in Singapore believe that automation can alleviate burnout and enhance job fulfillment. This figure surpasses the global average of 58 per…
Read More