CFOtech Australia - Technology news for CFOs & financial decision-makers

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Responsible AI starts with transparency
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hyperscale
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dc
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data privacy
Enterprise AI is hampered by a lack of transparency, as firms struggle to trust models that don't explain their outcomes before competitors leap ahead.
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Exclusive: Mandatory ransomware reporting key to Australia's cyber resilience
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cybersecurity
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digital economy
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law enforcement
Australia is set to enhance its cybersecurity by introducing mandatory reporting laws for ransomware payments, aiming to strengthen national resilience against cyber extortion.
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Exclusive: Why digital literacy must replace social media bans for under-16s
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edutech
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social media
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cyberbullying
Australia's ban on social media for under-16s is deemed ineffective by LiVELY's CEO, who advocates for digital literacy to empower children instead.
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Infor named Leader in IDC MarketScape MES assessment
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devops
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digital transformation
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apm
Infor has been named a Leader in the IDC MarketScape Worldwide Manufacturing Execution Systems 2024-2025 Vendor Assessment, highlighting its innovative solutions.
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Equinix & Dell collaborate to launch private AI solution
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network infrastructure
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hyperscale
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dc
Equinix and Dell Technologies are launching a private AI solution to help enterprises securely train AI models across clouds, utilising cutting-edge technology.
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Motorola secures NOK 1.78 billion contract in Norway deal
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collaboration
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motorola solutions
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emergency services
Motorola Solutions has secured a NOK 1.78 billion contract to enhance Norway's critical communications network for emergency services through the 2030s.
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Australian small firms risk exposure amid cyber threats
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advanced persistent threat protection
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partner programmes
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cyber threats
A new report reveals that 91% of Australian small businesses neglect essential insurance, exposing them to cybercrime costing $300 million annually.
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AI use in Aussie workplaces rises, boosting productivity
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ai
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freshworks
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work-life balance
New research reveals that daily AI use among Australian employees has surged from 18% to 27%, aiding productivity but highlighting slow adoption challenges.
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Watco partners with Blue Yonder for real-time freight rates
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digital transformation
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supply chain & logistics
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customer service
Watco has teamed up with Blue Yonder to enhance freight services, offering real-time pricing and booking to tackle industry challenges.
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Tray.ai unveils Merlin Agent Builder for AI deployment
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saas
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ai agents
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data governance
Tray.ai has launched Merlin Agent Builder, a platform aimed at simplifying AI agent development for enterprises facing significant technology challenges.
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Humanforce acquires LiveHire in USD $17.2M HR tech deal
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hcm
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recruitment
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local government
Humanforce has acquired Australian HR tech firm LiveHire for USD $17.2 million, marking its fourth acquisition in two years to enhance workforce solutions.
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Tim Wintrip appointed CEO of Lemongrass
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devops
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hyperscale
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partner programmes
Tim Wintrip has been named CEO of Lemongrass, set to take office on 1 January 2025, succeeding Mike Rosenbloom who will join the Board.
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Weebit Nano appoints Anne Templeman-Jones to board
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iot
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partner programmes
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risk & compliance
Weebit Nano has appointed Anne Templeman-Jones as a Non-Executive Director, effective 1 January 2025, enhancing its board with her extensive expertise.
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GitHub announces Copilot Free tier for VS Code users
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open source
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software development
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developers
GitHub has surpassed 150 million developers and launched a free tier for its Copilot in Visual Studio Code, empowering users with enhanced coding tools.
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Titan of Tech - Curtis Raams of Prvidr
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crm
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uc
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digital transformation
Curtis Raams, CTO at Prvidr, leads the charge in revolutionising CRM and automation in Australia, aiming for global expansion with the innovative GO Platform.
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UTS & Leonardo.Ai launch AI-focused PhD scholarships
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edutech
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data science
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genai
The University of Technology Sydney has partnered with Leonardo.Ai to launch a PhD programme offering four fully-funded scholarships to enhance AI research.
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Akamai reveals $9.6m benefit and 152% ROI from Guardicore use
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firewalls
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advanced persistent threat protection
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breach prevention
A recent Forrester study reveals Akamai's Guardicore Segmentation solution offers organisations a USD $9.6 million benefit over three years and 152% ROI.
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Cloudera unveils RAG Studio for AI without coding skills
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ai
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ai agents
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collaboration
Cloudera has unveiled a preview of its Retrieval-Augmented Generation Studio, enabling enterprises to deploy AI chatbots using real-time data without coding.
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Cloud contact centre market grows, driven by demand for customer engagement
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digital transformation
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hyperscale
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cx
The global cloud contact centre market is set to soar to USD $26,846.9 million by 2024, driven by increasing demand for scalable customer engagement solutions.
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GenAI in action: Transforming APAC business functions to deliver superior customer experiences
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digital transformation
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cx
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martech
In APAC, the rise of generative AI is reshaping customer experience, with 30% of Indian firms planning major investments in the technology over the next 18 months.