Singapore and global CEOs look to embrace generative AI A comprehensive global study conducted by the IBM Institute for Business Value has unveiled that more than half of the CEOs surveyed in Singapore prioritize technology modernization as their top business concern. The study, titled “CEO decision-making in the age of…
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Economic and industry headwinds growing slower than expected
Private LTE/5G infrastructure revenues to reach $US5.2 billion worldwide In a recent forecast released by International Data Corporation (IDC), it was projected that global revenues for private LTE/5G infrastructure would surge to $US5.2 billion by 2027. This robust growth reflects a compound annual growth rate (CAGR) of 21 per cent…
Read MoreAustralian innovation competition seeks Australia’s best solutions
$US150K in prizes to reward great Aussie innovation The Australian Innovation Competition has been launched to uncover and recognize exceptional innovations from across the country that offer creative solutions to real-world challenges. The competition welcomes entries from individuals of all ages and backgrounds, aiming to showcase Australia’s ingenuity and untapped…
Read MoreEconomic challenges amplify consumer selectivity
The loss is posing challenges for Australian retailers New research conducted by Manhattan Associates reveals that Australian consumers have become more discerning and selective in their purchasing decisions, presenting a significant barrier to local retailers. The study found that 80 per cent of Australians have become more cautious compared to…
Read MoreAppointment of new national cyber security coordinator
Air Marshal Goldie will bring a wealth of experience and expertise to the position Air Marshal Darren Goldie AM CSC, a distinguished veteran with a 30-year career in the Royal Australian Air Force (RAAF), has been selected as the first National Cyber Security Coordinator of Australia. His appointment comes as…
Read MoreNurturing responsible AI practices
Bridging principles and business realities The National Artificial Intelligence Centre (NAIC) and Gradient Institute have joined forces to empower businesses in maturing their Responsible AI (RAI) practices. Recognizing the importance of aligning Australian AI Ethics Principles with business operations, the collaboration aims to bridge the gap by providing orientation, tools,…
Read MoreUK venture capital funding sees decline in activity
This decline reflects the challenging environment for VC funding in the UK The UK venture capital (VC) funding landscape has experienced a noticeable decline in deal activity during the first five months of 2023 compared to the same period in the previous year. According to data from GlobalData, a leading…
Read MoreTaiwan and the UK forge semiconductor collaboration
This collab will help strengthen supply chain resilience The newly established Department for Science, Innovation and Technology (DSIT) in the UK has unveiled the country’s National Semiconductor Strategy, aiming to boost the semiconductor industry with a $US1 billion investment over the next decade. In a recent exchange between DSIT and…
Read MoreAlibaba.com partners with Singapore authorities
Boosting Cross-Border E-commerce for SMEs Alibaba.com, a leading global B2B platform for trade, has signed a Memorandum of Intent (MOI) with Singapore’s Infocomm Media Development Authority (IMDA) and Enterprise Singapore (EnterpriseSG) to support the growth of small and medium-sized enterprises (SMEs) in Singapore. The collaboration aims to enhance the international…
Read MoreKey strategies for successful talent attraction
The research focuses on three key stages of the jobseeker journey PageUp, a global leader in Talent Acquisition solutions, has released new research shedding light on effective strategies for attracting top talent. The study, which surveyed 185,000 applicants worldwide, provides valuable insights for business leaders grappling with ongoing talent shortages…
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