Microsoft, Amazon, Salesforce Inc., Google, and Oracle dominate market The public cloud services market experienced substantial growth in 2022, reaching a total revenue of $US545.8 billion, according to the International Data Corporation (IDC) Worldwide Semi-annual Public Cloud Services Tracker. Software as a Service – Applications (SaaS – Applications) accounted for…
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Cryptocurrency industry shows resilience and progress
Despite the volatility, the cryptocurrency industry has made significant progress The cryptocurrency industry, known for its volatility and speculation, has demonstrated remarkable progress in a relatively short period, driven by significant innovation, according to a recent report by GlobalData, a leading data and analytics company. Despite experiencing a sharp decline…
Read MoreMeta’s threads app launch sparks diverse opinions
Some influencers view the launch of Threads as a potential threat to Twitter Meta Platforms, Inc (Meta), the parent company of Facebook and Instagram, recently unveiled its Threads app, a direct competitor to Twitter, on July 6, 2023. Following the launch, the Social Media Analytics Platform of GlobalData, a leading…
Read MoreYoung participants worldwide explore China’s digital landscape
The participants embarked on a six-day adventure, starting in the tech hub of Shenzhen A remarkable international program called “Future Close-Up” took a group of 16 young participants from 14 countries on an immersive journey through China’s digital landscape. The program, held from June 15 to 20, provided a unique…
Read MoreBEST Vietnam and VNPAY collaborate
Partnership aims to promote digital payment solutions BEST Vietnam, a leading logistics provider, has announced a strategic cooperation agreement with VNPAY, a prominent digital payment solution provider in Vietnam. The partnership aims to jointly promote and facilitate cashless payment solutions across the country. Under the agreement, Vietnamese consumers can now…
Read MoreMobile wallets dominate payment landscape in China
China leads global mobile wallet adoption China has emerged as a frontrunner in mobile wallet adoption, with mobile wallets overtaking traditional payment methods such as cash and cards, according to a survey conducted by GlobalData, a prominent data and analytics company. The survey revealed that an impressive 84 per cent…
Read MoreCIO50 Awards recognize top IT leaders in Australia
The event is hosted by CIO in partnership with IDC The prestigious CIO50 Symposium & Awards, renowned for celebrating excellence in technology and digital leadership, has announced the top 50 IT leaders in Australia for 2023, alongside the winners of its esteemed CIO50 Awards. The event, hosted by CIO in…
Read MoreBanking and payments industry leads discussions on AI
Mastercard Inc has utilized AI to mitigate risks and secure payments Artificial intelligence (AI) has emerged as a prominent topic of discussion across various industries, with the banking and payments sector taking the lead in conversations during the second quarter of 2023, according to the Company Filings Analytics Database of…
Read MoreCorporate strategists embrace analytics, AI, and automation
More strategic planning, and execution could be automated for future success A recent survey conducted by Gartner, Inc., leading research, and advisory company, indicates that corporate strategists recognize the critical role of analytics, artificial intelligence (AI), and automation in achieving success over the next two years. With 79 per cent…
Read MoreCiti reappointed to New Zealand Government’s banking panel
Citi expands role to online merchant acquiring Citi, a leading global financial institution, has been reappointed by the New Zealand Government to its prestigious All-of-Government (AoG) banking panel. In an exciting development, Citi’s role has been expanded to include online merchant acquiring, further strengthening its partnership with the government. Having…
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