Despite extraordinary change and uncertainty financial services invests in robotic processing software. There is a surging demand from financial services for a new level of data analytics, automation, and AI capabilities to attain business continuity, digital resiliency, and operational effectiveness. IDC’s recently published the report, Asia/Pacific Financial Services: RPA Software…
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Service Australia’s digital journey to transform welfare payments
Digital transformation challenged by global pandemic. Australia’s social services agency, Services Australia’s seven year digital transformation journey was put to the test at the height of COVID-19, when staff distributed urgent relief payments worth more than A$1 million within four days to 1,400 Victorians who required emergency support to isolate…
Read MoreAPAC security solutions expected to reach US$23.1B in 2021
Driven by increased cloud adoption, massive WFH migration, and transformation projects. Spending on security hardware, services, and software in APAC is expected to reach US $23.1 billion in 2021 – an increase of 12.6 per cent over the previous year. IDC expects investment on security related products and services to…
Read MoreApathetic leadership is major barrier to cybersecurity in APAC
COVID-19 accelerated period of digitisation and improved cybersecurity, but systemic security issues persist. Despite cyberattacks increasing, cybersecurity budgets have remained stagnant and executive teams continue to underestimate the level of damage threats can do to organisations. Nearly 70 percent of Asia Pacific organisations suffered a data breach in 2020, an increase…
Read MoreAPAC ICT spending to grow by 4.9 per cent
Driven by personal and consumer services, construction, and retail industry. The pandemic has been a driving factor in accelerating the rate of digital adoption and stirring up the consumer offerings – both of which has helped ICT Spending to show a positive outlook in 2021. According to the recently released Worldwide…
Read MoreDigital supply chain tool used to combat COVID-19
ADB’s interactive mapping tool for supply chains now covers 34 items, including vaccines. When COVID-19 (coronavirus) pandemic hit, factories closed, and travel was halted. However, demand rose for items like surgical masks and personal protective equipment from the People’s Republic of China, some companies like Green Anchor Group thought there…
Read MoreMicrosoft and AWS increase presence in data center market in China
China was one of the largest markets for public cloud services in 2020. Recently in March 2021 AWS China announced the (Ningxia) region operated by Xiyun Data will be expanded in phase two, with an expected additional plant facility area and 1.3 times the computing capacity to support phase one.…
Read MoreThe technologies transforming the finance sector
Jacqueline Loh deputy managing director Monetary Authority of Singapore talks about innovation. Innovation is transforming the financial sector. Digitalisation of financial services has made it easier for financial institutions to expand their global footprint, opened the door to new players, and set the stage for increasing cross-border connectivity. The adoption…
Read MoreUtilising the Cloud during a global pandemic
Winson Group proved power of cloud through rapid response to pandemic. When things began to not feel right during an 2019 trip to China, Alan Webster general manager Information Technology at Winson Group decided to act immediately and ordered new mobile devices as a “just-in-case”. Within days of the just-in-case…
Read MoreAustralian Government fortifies critical infrastructure
Australian Agencies agree to leave Chinese-owned Global Switch. To support the Australian Government’s plan for Australia to become a world-leading digital economy over the next decade, Home Affairs will work with Government agencies, businesses, and the community to further enhance cyber security measures and protect critical infrastructure. The Department is…
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