IDC maintains its forecast despite a looming recession

The worldwide services market will likely continue on its current growth trajectory Worldwide IT and business services revenue is expected to grow (in constant currency) 5.7 per cent this year and 5.2 per cent in 2023, according to the International Data Corporation (IDC) Worldwide Semi-annual Services Tracker. In nominal dollar denominated…

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Medibank cyber incident and trading update

Medibank has deployed additional security measures across its network The Medibank Group today confirmed that ongoing investigations continue to show there remains no evidence customer data has been removed from its IT environment, after it detected unusual activity last week in part of its IT network. Normal operations have resumed,…

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Accelerating time to value from digital investments

Leading CIOs are more likely to leverage data, analytics and AI CIOs and IT leaders must take action to accelerate time to value and drive top- and bottom-line enterprise growth from digital investments, according to Gartner, Inc.’s annual global survey of CIOs and technology executives. “The pressure on CIOs to deliver…

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DXC technology rolls out global initiative

With the aim to support neurodiversity in the workplace DXC Technology a leading Fortune 500 global technology services provider, is expanding the DXC Dandelion Program which helps neurodivergent individuals with autism, ADHD, dyslexia, and other neurological conditions to build careers in the IT industry. Following the success of the program…

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Telstra sees stark reality of cyber threats

Telco details transformation and digitalisation at AGM The world is going through a period of upheaval, with changes in the geopolitical landscape, supply chain disruptions, and economic pressures such as inflation coming on top of the growing impacts of climate change, stated Vicki Brady, CEO of Telstra at the telco recent annual…

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New and novel risks are constantly emerging for the financial industry

Wayne Byres, Chairman APRA discusses how financial promises made by the institutions that APRA supervises are met within a stable, efficient, and competitive financial system to Parliament. As the prudential supervisor of the financial services industry, APRA currently supervises around 2000 institutions across authorised deposit-taking institutions (banks, credit unions and…

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Australian leaders see correlation between DE&I efforts

Diversity matters more to companies now than ever before With lasting global impact from the pandemic and growing expectations for hybrid work, diversity, equity, and inclusion (DE&I) has been brought to the forefront of every business agenda. A new report, Employees at the Center: What It Takes to Lead on DE&I…

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Banks twice as likely to be carbon neutral

The report assessed businesses against seven key dimensions One in 10 Australian financial services providers have already reached net zero emissions from their own operations, compared to one in 20 businesses across all Australian industries. This is the key finding in a new report into sustainability progress from Microsoft ANZ…

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Leaders expect circular economy to increase profits

Measurement is essential to showing progress to stakeholders A recent survey by Gartner, Inc. found that 74 per cent of supply chain leaders expect profits to increase between now and 2025 because of applying circular economy principles. On average, supply chain organizations have been applying circular economy principles for three years to…

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Chris Fechner regarding DTA procurement of ICT-related services

ANAO’s focusing on providing increased transparency The Australian National Audit Office (ANAO) has tabled the performance audit of the Digital Transformation Agency’s (DTA) procurement of ICT-related services in 2019–20 to 2020–21. The audit was not a review of the DTA’s whole-of-government digital sourcing responsibilities and, as such, the ANAO’s findings…

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