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

Latest news - Page 22

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Wasting money on useless tech? Cut costs by preventing sprawl
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data protection
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casb
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apm
With mid-sized firms averaging 255 apps and enterprises up to 664, tech sprawl is draining budgets and hurting productivity, urging firms to take control.
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GenAI bot traffic and cyberSecurity: What IT leaders need to know
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physical security
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genai
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data privacy
Australia's generative AI market, generating nearly USD $922 million in 2023, is poised to grow to USD $4.2 billion by 2030, posing new challenges for IT leaders.
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Channel Factory appoints Gabby Corcoran as Sales Director
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sales
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fairfax media
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job moves
Channel Factory has appointed Gabby Corcoran as Sales Director for Independent New Business, aiming to enhance its presence in the New South Wales agency sector.
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Why legacy SIEM tools have failed security teams
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siem
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advanced persistent threat protection
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ai security
Legacy SIEM tools are failing modern security teams, hampered by complexity and costs while eCrime breakout times drop to just 62 minutes.
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MaxMine appoints Shaun Mitchell as new COO
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saas
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ai
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cybersecurity
MaxMine has appointed Shaun Mitchell as Chief Operations Officer, bringing over 20 years of experience in global technology and strategic innovation.
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Smartsheet names Helen Masters as APJ Managing Director
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devops
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digital transformation
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rpa
Smartsheet has appointed Helen Masters as Managing Director of APJ to drive growth in the Asia Pacific, leveraging her 25 years of software experience.
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Australian CIOs struggle with IT budget constraints in 2024
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ai
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data infrastructure
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data quality
A new survey reveals that Australian CIOs face significant challenges in modernising IT systems due to inadequate budgets, highlighting a shift in priorities.
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Survey shows low confidence in SaaS data protection strategies
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saas
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data protection
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ransomware
A survey by Gatepoint Research reveals that only 28% of senior decision-makers are highly confident in their SaaS data protection amidst rising regulatory pressures.
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Majority of PSPs face bank account closures by lenders
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fintech
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payment technologies
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transparency
A report from fintech Neo reveals 95% of Payment Service Providers have faced account closures or restrictions, often without bank explanations.
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Recruiters in Australia & NZ face surge in applications
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recruitment
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workforce management
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job market
Australia and New Zealand see a dramatic rise in job applications, with agencies struggling to filter candidates amid a tightening job market, says JobAdder.
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IFS Ultimo named leader in Verdantix 2024 EAM Software report
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data analytics
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cx
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martech
IFS Ultimo has been named a 'Leader' in the 2024 Verdantix Green Quadrant for Enterprise Asset Management software, marking its second consecutive accolade.
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Banked acquires Waave to expand Pay by Bank in Australia
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payment technologies
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market
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m&a
Banked has acquired Australian payment technology firm Waave, aiming to dominate the real-time payments market and enhance the Pay by Bank experience.
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Artificial Intelligence driving data centres to the edge
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digital transformation
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edge computing
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power / energy
The rise of artificial intelligence is reshaping data centres, with investments skyrocketing to USD $25.2 billion in 2023, requiring a transformation in infrastructure.
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Baseline flexibility won’t futureproof tech businesses from fierce competition for talent
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flexible work
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workforce management
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talent attraction
Amidst a surge in demand for flexible work, 58% of Australian tech companies are losing talent to rivals offering better options, raising competitiveness concerns.
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From silos to systems: the rise of the Employment Operating System
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saas
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digital transformation
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hcm
With SMEs juggling over 200 software applications, the emergence of Employment Operating Systems promises to streamline HR tasks and reduce costs dramatically.
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Want to replace coal? Awaken the giant that is Pumped Hydro with technology and the right support
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power / energy
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cleantech
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australian government
As the world shifts from coal, pumped hydro emerges as a key player for large-scale energy storage, needing innovation and government support to thrive.
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Australia mulls cyber law amid 23% rise in cyber attacks
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cybersecurity
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trustwave
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cyber attacks
Australia faces a 23% rise in cyber attacks, prompting calls for a new Cyber Security Act to bolster protection against escalating cybercrime threats.
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Australian firms urged to adopt Agile for better efficiency
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it training
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devops
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apm
New research reveals 54% of Australian businesses have not adopted Agile practices, causing significant communication issues and inefficiencies.
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Why Australian companies are still failing miserably at real-time data
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iot
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partner programmes
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genai
Despite recognising AI's potential, Australian firms struggle with real-time data, a critical component for effective operations and future AI success.
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The path to network automation is now clearer and more defined
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ai
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cisco
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enterprise adoption
Network automation is set to surge, with Gartner projecting that by 2026, 30% of enterprises will automate over half their network activities.