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

Latest news - Page 6

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People First Bank sees growth in profit & loans post-merger
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fintech
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martech
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cdp
People First Bank has reported a 29% net profit increase to USD $41.4 million in its first year post-merger, alongside significant technological advancements.
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Lucid Software unveils new tools for agile workflows
Last week
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devops
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data analytics
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planning
Lucid Software has launched new features in its visual collaboration suite to enhance agile workflows for improved team planning and decision-making.
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Cybersecurity tops tech priorities for Australian firms
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private cloud
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devops
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hybrid cloud
Australian organisations prioritise cybersecurity spending for the third year running, yet over 80% struggle with insufficient budget allocations.
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Intelliworx partners with Humanity Health for IT services
Last week
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digital transformation
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cybersecurity
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microsoft
Intelliworx has partnered with Humanity Health Group to enhance cybersecurity and IT services, supporting improved healthcare solutions worldwide.
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Study reveals tech & regulation drive sustainability goals
Last week
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cleantech
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sustainability
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transparency
A new Capgemini report reveals that 70% of Australian businesses are driven by regulation to advance sustainability despite geopolitical hurdles.
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Navigating enterprise-wide deployment of generative AI in banking
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digital transformation
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cryptocurrency
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fintech
Generative AI is revolutionising banking in Australia and New Zealand, with 79% of banks progressing beyond initial adoption stages to enhance operations.
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New manufacturing lab to open at TAFE Queensland
This month
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edutech
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it in manufacturing
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iot
Applied Robotics is set to launch an AUD $3 million advanced manufacturing lab at TAFE Queensland, which will enhance training in robotics and automation.
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Dodo partners with Gentrack for advanced billing system
This month
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uc
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data analytics
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hyperscale
Vocus Group partners with Gentrack to launch a modern billing system for Dodo Power & Gas, enhancing operational efficiency in the Australian energy sector.
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AI market poised to reach $990B by 2027, report says
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semiconductors
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genai
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ai
Bain and Company's latest report predicts AI market to grow to $990 billion by 2027, driven by generative AI and sovereign AI ecosystems.
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Australian logistics face 16-hour monthly losses over tech issues
This month
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cleantech
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sustainability
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connectivity
Mobile technology downtime costs Australia's transport sector 16 hours monthly, impacting profits and causing stress. SOTI calls for better support tools.
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Aussie firms lead AI shift with strong digital literacy push
This month
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ai
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management
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digital literacy
Australian companies outpace US, UK, and Europe in AI readiness, with 90% prioritising AI literacy and GTM leaders gearing up for a 20% tech investment increase by 2025.
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BlackLine recognised as a leader in IDC MarketScape report
This month
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cfo
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blackline
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workflow solutions
BlackLine has been named a Leader in the IDC MarketScape for 2024, praised for its real-time data integration and automated workflow solutions.
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How strategic customer experience technology implementation drives digital transformation success
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uc
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data analytics
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digital transformation
Strategically implemented customer experience tech is revolutionising digital transformation in Australia and New Zealand, driving efficiency and growth.
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Gamified healthcare apps market set to hit USD $31 billion
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smartphones
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wearables
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ai
The gamified healthcare app market is predicted to soar to USD $31 billion by 2034, bolstered by rising chronic disease incidences.
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NBN Co raises USD $1 billion via US bond issuances
This month
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uc
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cleantech
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sustainability
NBN Co raises USD $1 billion in US bonds, oversubscribed by USD $4.3 billion, aiming to refinance debt and expand green project investments.
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Accenture, NVIDIA boost AI adoption with new business unit
This month
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genai
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ai
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nvidia
Accenture and NVIDIA launch a new business unit to promote AI adoption, aiming to meet the surging demand sparked by USD $3 billion in bookings.
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Study finds SAS Viya boosts AI productivity by 4.6 times
This month
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ai
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collaboration
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productivity
A new study by The Futurum Group finds SAS Viya boosts AI productivity by up to 4.6 times over rivals like Jupyter Notebook and Python Libraries.
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Australian firms lost over USD $1m in CPS cyber attacks
This month
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ransomware
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advanced persistent threat protection
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physical security
New research by Claroty reveals that cyber attacks on cyber-physical systems in Australia cost organisations over USD $1 million, urging security investment.
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Fivetran hits $300m ARR amid AI-driven data demand
This month
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martech
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it automation
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cdp
Fivetran's ARR surpasses $300 million as businesses increasingly turn to AI, boosting demand for automated data movement, says CEO George Fraser.
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DoiT unveils Cloud Build to ease AWS migration process
This month
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migration
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hyperscale
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public cloud
DoiT launches Cloud Build, a service aimed at helping businesses seamlessly transition to AWS with expert guidance, amid increasing cloud adoption.