CEO of MDEC shares his thoughts There is increasing regulatory and stakeholder demand for businesses to disclose non-financial metrics of the environmental and social impact of their operations. Organisations are now urged to better manage these risks, progressing in a way that delivers both a decent rate of return as…
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COVID-19 pandemic has driven an unparalleled pace of regulatory change There are four primary options available to legal and compliance leaders to cope with unprecedented levels of regulatory change, according to Gartner, Inc. These regulatory changes are being driven by increasing regulatory oversight, renewed geopolitical tensions and the ongoing COVID-19 pandemic. “The…
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Enterprises trying to protect IT budgets ICT spending to grow by over 3.8 per cent in 2022 and is expected to reach $US1.4 trillion by 2026 with a compounded annual growth (CAGR) of 5.2 per cent by the end of 2026. Consumer technology spending in Asia/Pacific is hit, with growth slowing in…
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Healthy BDA spending across various industries in A/NZ Australia and New Zealand (A/NZ) spending on BDA solutions captured a net spend of $US5.5 billion in 2022 and is expected to register a compounded annual growth rate of 13.3 per cent (2021-2026). The rising capacity for digitization emphasis better control on data,…
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Public sector buying teams are large At 22 months, the public sector has the longest average buying cycle for technology purchases compared to other industries, according to a survey from Gartner, Inc. In November and December 2021, Gartner surveyed 1,120 executives involved in technology evaluation or selection, including 79 from…
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The Great Resignation in the US job market sent shockwaves across the world As the echoes from across the Pacific sound closer than ever, the Great Resignation see to have finally arrived at the shores of the Australian job market. But for one Australian Insurtech, the focus has turned inward towards…
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Forrester’s Planning Guides provide benchmark data and insights According to Forrester’s 2023 Planning Guides, released today, business leaders who plan for “business as usual” modest spending increases in the year ahead will fall short. Indeed, due to an unpredictable and turbulent economy, leaders will need to tackle planning with discipline and precision…
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Promoting the use of local currencies for bilateral transactions Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) today announced the commencement of work on a cross-border QR payment linkage between Indonesia and Singapore as part of the ASEAN-wide payments connectivity effort. This linkage, which is targeted to be…
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Spending to reach nearly $US2 billion in 2022 By 2026, conversational artificial intelligence (AI) deployments within contact centres will reduce agent labour costs by $US80 billion, according to Gartner, Inc. Worldwide end-user spending on conversational AI solutions within contact centres is forecast to reach $US1.99 billion in 2022. “Gartner estimates…
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Researchers also saw a 4 per cent rise in attacks targeting municipalities The number of ransomware attacks has increased dramatically over the past year and businesses remain the no.1 target, according to the most recent Threat Spotlight from Barracuda, a trusted partner and leading provider of cloud-enabled security solutions. Analysing 106 highly publicised attacks across the globe, including Southeast Asia between August 2021…
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