Number of fintech deals falls from 2021 high

The sharp drop-off highlights the rapidly shifting marekt Australian fintech investment deal volume fell to 123 transactions in 2022, from a historical high of 187 transactions in 2021, according to the Pulse of Fintech H2’22 – a bi-annual report published by KPMG highlighting global fintech investment trends. While a record…

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Large Indian enterprises planning to implement SD-Branch

Considerable investments observed in BFSI, healthcare, manufacturing, and retail International Data Corporation reveals that over 54 per cent of large enterprises in India are planning to implement SD-Branch and ZTNA as a part of a drive towards SASE adoption. As we move beyond the boundaries of primitive working style with…

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CapitaLand investment establishes China data centre

Data centres present a tremendous opportunity and are a key strategic focus for CLI CapitaLand Investment Limited (CLI) has established a China data centre development fund, CapitaLand China Data Centre Partners (CDCP).  CDCP has committed to invest in two hyperscale data centre development projects in Greater Beijing, and upon completion of the projects,…

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Standards to measure IT’s impact on business sustainability

Rapid adoption of technology comes at an increasing cost to the environment SustainableIT.org, a non-profit dedicated to advancing global sustainability through technology leadership, has released the first-ever set of standards that measure the environmental impact of building, running, and managing information technology (IT) operations. Sustainable IT Environmental Standards 1.0 provides essential…

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Swift and DXC Technology Australia accused of tendering cartel in WA mines

Bid rigging and price fixing drive up prices for businesses and harms the economy The ACCC has launched Federal Court proceedings against technology company Swift Networks Pty Ltd (Swift) for alleged bid rigging and price fixing when tendering to supply equipment and services to five Pilbara mining village sites. The…

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Supply Chain organizations to recover 2-percentage points

Manufacturers need to be agile and flexible to remain competitive IDC predicts by end of 2024, 40 per cent of Asian-based supply chain organizations will have rebalanced resiliency efforts to reflect the realities of inflation and necessary efficiency to recover 2 percentage points of margin. Rising inflation, supply chain disruption,…

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Top strategic imperatives for HR technology

HR technology leaders face a balancing act in 2023 The three most important HR technologies this year are skills management, learning experience platforms and internal talent marketplaces, according to a survey by Gartner, Inc. The survey of 138 HR leaders revealed the top strategic imperatives for HR technology in 2023.…

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Getswift gets fined $US15M for disclosure breaches

GetSwift made numerous misleading statements in its announcements on ASX The Federal Court has handed down the largest ever penalty against a company for breaching continuous disclosure laws, ordering GetSwift Limited pay a penalty of $US15 million. The Court described Getswift as a company that ‘became a market darling because…

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Top 2023 priorities for APAC CIOs

CIOs must engage in cross-functional leadership As the global economy moves closer to a potential downturn, technology leaders are poised to clearly link IT’s value to enterprise value. To support CIOs in defining their tech agenda for 2023, global IT research and advisory firm Info-Tech Research Group has published its…

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CEOs establish strategic relationships with their cloud providers

In Asia, digital spending is set to reach $US1T by 2025 IDC predicts that by 2024, 50 per cent of A2000 CEOs will establish strategic personal relationships with their cloud providers to achieve quantifiable outcomes from digital business platform investments. The digital-first era is upon us and companies must continue…

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