Digital technology is the top driver of growth InEight Inc., a global leader in construction project management software, today launches its second annual Global Capital Projects Outlook. The Outlook draws insights from research conducted with 300 of the world’s largest capital project owners and contractor construction professionals across the Americas, Europe, and APAC.…
Read MoreEconomy
Accelerating the growth of digital economy
Malaysia Digital is the initiative to succeed MSC Malaysia Prime Minister YAB Datuk Seri Ismail Sabri bin Yaakob today launched Malaysia Digital, the initiative to accelerate the growth of the nation’s digital economy for the benefit of Keluarga Malaysia. Driven by the Ministry of Communications and Multimedia (K-KOMM) through Malaysia…
Read MoreBank of Queensland pays penalty
The penalty is due to an alleged breach of Consumer Data Right Rules Bank of Queensland Ltd has paid a penalty of $US133,200 after the ACCC issued it with an infringement notice for allegedly breaching the Consumer Data Right (CDR) Rules by failing to provide a service enabling consumers’ data…
Read MoreWorldwide IT spending to grow 3 per cent
CIOs’ investment plans not expected to be deterred Worldwide IT spending is projected to total $US4.5 trillion in 2022, an increase of 3 per cent from 2021, according to the latest forecast by Gartner, Inc. While IT spending is expected to grow in 2022, it will be at a much…
Read MoreIT spending to grow 3 per cent in 2022
CIOs’ investment plans are not expected to be deterred Worldwide IT spending is projected to total $US4.5 trillion in 2022, an increase of 3 per cent from 2021, according to the latest forecast by Gartner, Inc. While IT spending is expected to grow in 2022, it will be at a…
Read MoreKBank in $US2.7 billion technology drive
Championing simplification, speed, and a more sophisticated evaluation KASINKORNBANK (KBank) has announced a $US2.7 billion strategic programme aimed at boosting access to banking services among Thailand’s unbanked and underbanked population as well as very small businesses and the self-employed. The programme includes accelerated investments in technology, technology-related acquisitions, commercial partnerships, organisational development, as well…
Read MoreOCBC Bank appoints new group data head
MacDonald is recognised as one of the most experienced analytics practitioners in the world OCBC Bank announced that it has appointed Donald MacDonald as its first Head of Group Data Office with effect from 1 June 2022, a newly created role to drive the Bank’s data strategy and establish OCBC…
Read MoreFraud prevention needed for crypto and central bank digital currencies
Cryptocurrency hacks are a threat to both the blockchain sector Following the news that Indexed Finance is still trying to recover the $US16 million it lost as part of an elaborate flash loan hack back in October 2021. Chris Dinga, Payments Analyst at GlobalData, a leading data and analytics company,…
Read More5G revolutionising transport & logistics
5G will enable the industry to be more efficient and sustainable During the COVID-19 pandemic, the Australian transport and logistics sector was tested in ways no one could have anticipated as the associated protection measures were introduced. Much like telecommunications, where connectivity became a lifeline, so too did the transport…
Read MoreSpending on cloud storage grew
Spending on shared cloud infrastructure reached $US12.5 billion in the fifth quarter. Spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared environments, increased 17.2 per cent year over year in the first quarter of 2022 (1Q22) to $US18.3 billion. This growth continues a series of…
Read More