ASX Chess Replacement Project

ASX provides critical market infrastructure ASX Chairman Damian Roche said: “We began this project with the latest information available at that time, determined to deliver the Australian market a post-trade solution that balanced innovation and state-of-the-art technology with Glosafety and reliability. However, after further review, including consideration of the findings…

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Field robot sales will hit $US11bn

Robotics will be key in helping to ease labor shortages The global agricultural sector is tackling a multitude of challenges, from climate change to population growth, and the growing demand for food. Robotics offer a much-needed solution, providing answers from vertical farms to drones. This has catalyzed the demand for…

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Transforming the travel and tourism industry

Service robotics industry to reach $US216bn in 2023 The service robotics industry is set to register a compound annual growth rate (CAGR) of 21.5 per cent to reach $US216 billion in 2030, driven by investments across consumer facing industries, including travel and tourism. The overall robotics industry is set to…

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Service robotics industry to reach $US216bn

Advances in AI will also improve robotic intelligence The service robotics industry is set to register a compound annual growth rate (CAGR) of 21.5 per cent to reach $US216 billion in 2030, driven by investments across consumer facing industries, including travel and tourism. The overall robotics industry is set to…

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Institutional push for digital leadership drives China businesses

Many Chinese businesses are increasingly adopting digital technologies The government initiatives to boost digital economy and digital leadership through the expansion of information and communications technology (ICT) infrastructure and regulatory support mechanisms are driving China’s enterprises to increase their ICT spending in 2022, finds GlobalData, a leading data and analytics company.…

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AI at heart of next generation telco services

There’s a growing need for more automation in operator networks in the 5G era The COVID-19 pandemic has highlighted the necessity of end-to-end automation of more complex business processes as enterprises seek to reduce dependency on human workforce. Artificial intelligence (AI) enables enhanced automation, quicker reaction to data sets, and a multitude…

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Retail enterprises see increased ICT budgets

Focusing on improving customer communication Approximately 83 per cent of enterprises* in the retail sector have seen an increase in their enterprise ICT budget in 2022 compared to 2021, driven by the increasing adoption of digital technologies for streamlining supply chains and improving customers’ experiences, found GlobalData, a leading data…

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St. George tops list of Australian banks in digital experience

Customers seek support to better understand the features and processes that they use With digital banking becoming ever prevalent in recent years, banks are scrambling to provide enhanced digital experience to attract and retain customers. Against this backdrop, St. George has emerged as the leading Australian bank for net satisfaction of digital…

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