China will dominate APAC cloud computing market revenue over next five years

Demand comes from enterprises who want to manage the large amounts of data they generate. China will continue to dominate the Asia-Pacific (APAC) cloud computing market during the period 2019-2024 with one-third revenue market share, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model,…

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Australian construction industry relying on data for business decisions

Over half of companies surveyed said they would look for a new vendor for better control and access of data. In a poll conducted by ACA Research has shown the importance of data to the increasingly digital Australian construction industry. Not only are construction companies realising the significant benefits of…

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Chinese Government pursues global data security initiatives

Full details of initiative to establish global standards on data security by the CCP. Despite global condemnation of Hong Kong’s new National Security Law, to shake up digital surveillance in the city, the Chinese Communist Party plans to pursue global data security initiatives. State Councillor and Foreign Minister Wang Yi…

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Australia’s national science centre processes one trillion data points

AI-based platform used to help pinpoint the location of diseases causing genes. Researchers from CSIRO, Australia’s national science agency, has processed one trillion points of genomic data through VariantSpark, an artificial intelligence-based platform, which can help pinpoint the location of specific disease-causing genes in the human genome. The human genome…

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Singapore and Australia sign digital economy agreement

Digitalisation of trade processes for Singapore businesses. Minister for Trade and Industry Chan Chun Sing and Australia’s Minister for Trade, Tourism and Investment Simon Birmingham have signed the Singapore-Australia Digital Economy Agreement (SADEA) electronically. Chan said, the signing of the Singapore-Australia Digital Economy Agreement marks a milestone in the long-standing…

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How should the APAC financial sector address new challenges of data governance?

Data-to-digital has its challenges. Data will not maintain its value unless governed properly to keep the characteristics that make it accurate, intelligent, trustworthy, and connected, states IDC Financial Insights APAC’s latest report titled Data as an Asset: The New Challenges of Data Governance and How Asia/Pacific Financial Services Should Respond. The…

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WeMart supermarket chain to use Alibaba Cloud for online strategy

Supermarket giant goes online due to COVID-19. Asian supermarket giant, WeMart will use Alibaba Cloud’s cloud and AI technology for everything from e-commerce, payment and logistics support to enabling integration of online and offline business to enhance the supermarket’s competitive advantages. Established in 2006, WeMart is one of the largest…

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Allegations Google misled Australian consumers on expanded use of personal data

Australian consumer rights commission launches Federal Court action. The Australian Consumer Competition Commission (ACCC) has alleged, multinational company – Google — misled consumers about expanded use of personal data and launched Federal Court proceedings against the company. According to the ACCC, Google allegedly misled Australian consumers to obtain their consent…

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