Worldwide It spending to grow 5.1 per cent in 2022

High Expectations for Digital Market Prosperity Will Boost Technology Investments Despite Potential Impacts of the Omicron Variant. Worldwide IT spending is projected to total $US4.5 trillion in 2022, an increase of 5.1 per cent from 2021, according to the latest forecast by Gartner, Inc. Despite the potential impacts of the…

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Poor talent strategy is the top emerging risk

Executives Are Concerned About Failing to Deliver Working Arrangements That Meet Employee Expectations in 2022. Executives are concerned about their ability to deliver value propositions that satisfy employees and a subsequent inability to retain and recruit talent, according to Gartner, Inc.’s latest Emerging Risks Monitor Report. Talent risks topped pandemic-related…

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Airtel investment in Lavelle Networks reflects growing SD-WAN market in India

The strategic development will bolster Airtel’s network-as-a-service. Indian telecom major Bharti Airtel’s agreement to acquire a 25 per cent equity stake in Bengaluru-based software-defined wide area network (SD-WAN) start-up, Lavelle Networks, points towards a growing market for SD-WAN (through enterprise customer offerings) in India, observes GlobalData, a leading data and analytics company.…

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Human error leading cause of privacy breaches

Human error has been the leading cause of serious privacy breaches during this period. Human error is the leading cause of serious privacy breaches, according to a new report released today by the Office of the Privacy Commissioner (OPC). “We are seeing clear patterns emerging since mandatory reporting of serious privacy…

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SCB 10X participates in world’s first digital asset bank

Sygnum will expand its offerings to include institutional grade Web 3.0 solutions. SCB 10X continues to invest in high potential tech start-ups globally. Recently, SCB 10X announced a follow-on investment in the world’s first digital asset bank “Sygnum”, a digital asset technology group with a Swiss banking license and a…

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Thailand and UK discuss trade and security ties

UK Minister Milling spoke about boosting economic, digital and technology ties between the UK and Thailand. Minister for Asia, Amanda Milling, has concluded her visit to Southeast Asia with a 3-day tour of Thailand. Meeting Vice Foreign Minister Vijavat, Minister Milling spoke about boosting economic, digital and technology ties between…

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Protecting bank customers from losses due to bank outages

Questions surrounding assistance and protection Singapore bank customers. Monetary Authority Singapore requires financial institutions (FIs) to have robust systems and processes to ensure reliable delivery of services to their customers. In the event of a disruption, FIs are expected to restore the affected system as swiftly as possible and activate…

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Large enterprises will use digital currencies by 2024

CFOs must be aware of use cases, risks as digital currencies change every aspect of business. Twenty percent of large organizations will use digital currencies for payments, stored value or collateral by 2024, according to Gartner, Inc. The prediction has important implications for CFOs as they assess use cases and…

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Aus Govt releases regional connectivity program funding

Part of the government’s wider regionalisation agenda. The Liberal and Nationals Government has launched the second round of a program aimed at further boosting digital connectivity in regional and remote Australia.  Minister for Regional Communications, Senator the Hon Bridget McKenzie, released the Round 2 Guidelines for the successful Regional Connectivity…

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Singapore’s digital plan to help Precision Engineering industry

Businesses expected to benefit from the guide rolled out by Enterprise Singapore and IMDA. About 2,700 businesses and 101,000 employees can now tap the Precision Engineering Industry Digital Plan (IDP) to drive productivity and transform through digitalisation. Jointly led by Enterprise Singapore (ESG) and the Infocomm Media Development Authority (IMDA), in partnership with…

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