Latest news - Page 162

A lack of data maturity and resources threatens Australia's Generative AI rollout, warns ADAPT's 2024 survey, as firms struggle with fundamental requirements.

Australia has entered the top ten origins for phishing attacks, with a 479.3% rise in hosted phishing content and losses amounting to AUD $26.1 million.

Amid rising cyber attacks, 69% of Australian retailers are prioritising cyber security in 2024, with a focus on building consumer trust and loyalty.

RMIT Online and Deloitte Access Economics report that business training budgets will increase to AUD $8 billion in 2024. However, with 45% of companies mismanaging these funds, there are four ways to maximise ROI.

Broadcom's acquisition of VMware has disrupted the virtualization market, pushing firms like Versent to help businesses navigate rising costs and modernize their operations.

A LogRhythm survey reveals 40% of Australian and New Zealand firms have lost deals over poor cybersecurity confidence, urging a strategic overhaul in protection measures.

Ecommerce isn't killing physical stores; it's enhancing them. In 2023, Australians spent AUD $63.6 billion online, boosting bricks-and-mortar sales.

BillingPlatform has clinched the title of Best Subscription Billing Solution of 2024 by the SIIA CODiE Awards, marking its second consecutive win.

Commvault strengthens its cyber resilience team by appointing Gareth Russell as Field CTO, Security for APAC, amid escalating ransomware threats.

Conducted by the Childlight Global Child Safety Institute and UNSW, the report highlights a growing public health crisis.

Gallagher Security, in partnership with Altoura, has launched an Augmented Reality training platform in Australia.

As AI-enhanced scams become more sophisticated, Australians lost AUD $2.74 billion to scams in 2023. Experts advocate integrating identity management with fraud prevention to bolster security.

Despite advances in enterprise browsers, adoption remains low at just 25% over five years due to deployment complexity and security concerns.

Zurich and UTS have developed AI models to streamline life insurance underwriting, significantly cutting the time for decisions on mental health disclosures from 22 days to instant approvals.

ECI Software Solutions' JobBoss² wins TrustRadius's 2024 Top Rated Award, reflecting strong customer satisfaction and real-world success in job shop management.

Monash University and SmartSat have appointed ex-NASA leader Lt Gen Larry James to boost their space research, leveraging his extensive expertise.

Schneider Electric and Capgemini have unveiled the Energy Command Center, an advanced platform designed to optimise energy management and reduce consumption, leveraging AI, IoT, and machine learning.

IBM and Salesforce expand their partnership to merge IBM's watsonx AI with Salesforce's Einstein 1, aiming to revolutionise AI and data integration for businesses.

As digital transformation accelerates, sectors like finance and healthcare grapple with increased operational risks and evolving regulatory demands, necessitating a robust data management strategy.

The integration of AI and cloud ERPs, such as NetSuite, is transforming business systems with hyper-personalisation, predictive analytics, and intuitive user interactions.