Investment stories
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CrowdStrike's major IT outage prompts call for infrastructure investment
Today
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ai
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cybersecurity
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investment
An IT outage caused by a faulty update from CrowdStrike halted 8.5 million Windows PCs, disrupting airlines and the NHS; a fix and reboot are now advised.
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Generative AI deployment surges as firms drive innovation
2 days ago
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cx
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martech
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ai
Organisations are significantly boosting their generative AI investments, with nearly a quarter now integrating the technology, up from 6% in 2023.
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DeepL reveals next-gen language model for superior translations
3 days ago
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data privacy
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productivity
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google
DeepL unveils an advanced language model for superior translations and editing, setting new industry standards and offering businesses unmatched efficiency.
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Konica Minolta report reveals 2024 Australian IT trends
4 days ago
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data protection
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digital transformation
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partner programmes
Konica Minolta Australia's 2024 IT trends report has revealed that 68% of C-suite execs focus on operational efficiency.
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Endor Labs secures strategic investment from Citi Ventures
Last week
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virtualisation
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open source
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software development
Endor Labs secures strategic investment from Citi Ventures, boosting its mission to protect software supply chains for major financial institutions.
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King's Speech on AI & cybersecurity sparks mixed reactions
Last week
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ai security
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ai
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cybersecurity
The King's Speech has sparked debate on cybersecurity and AI, with industry leaders urging a stronger focus on healthcare security and AI regulations.
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BGF invests GBP £5 million in Cardiff-based PureCyber
Last week
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edutech
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devops
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apm
BGF has invested GBP £5 million into Cardiff's PureCyber, a fast-growing cybersecurity firm, appointing Ben Marnham as Non-Executive Chair to spearhead further growth.
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Cybersecurity budgets surge but confidence gaps persist
Last week
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ai
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it professionals
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investment
Ivanti’s latest Risk Communications report shows 71% of security professionals anticipate increased 2024 cybersecurity budgets, but confidence gaps persist between IT and business leaders.
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Nasuni secures USD $1.2 billion investment led by Vista Equity
Last week
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martech
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cx
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ai
Nasuni secures majority investment led by Vista Equity Partners, valued at approximately USD $1.2 billion, to boost growth and innovation in the hybrid cloud market.
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Southeast Asian retailers boost social commerce amid challenges
Last week
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data analytics
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cx
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martech
Shopify's Southeast Asia Retail Report 2024 reveals 68% of regional retailers will up social commerce spending amid economic challenges, driven by rising consumer engagement on platforms like TikTok.
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Why 'trust us, we’re an exchange!' simply isn’t good enough
Last week
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edutech
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blockchain
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data privacy
Trust is paramount in the crypto world. Exchanges must earn it through robust security, user education, and transparency to ensure a safe investment environment.
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Fortinet recognised as Challenger in 2024 Gartner Magic Quadrant
This month
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network infrastructure
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firewalls
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sd-wan
Fortinet has been named a Challenger in the 2024 Gartner Magic Quadrant for Single-Vendor SASE, highlighting its efforts in simplifying operations and enhancing security.
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Enterprise IoT market hits USD $269 billion amid growth shifts
This month
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telco
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investment
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software
The enterprise IoT market hit USD $269 billion in 2023, with 15% growth. Expected deceleration in 2024 due to economic concerns could shift investment focus to software.
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Riverside appoints former Deliveroo CEO McManus as senior partner
This month
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meridian energy
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investment
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nz
Riverside appoints former Deliveroo CEO Ed McManus as Senior Operating Partner, aiming to leverage his extensive experience to drive growth in Australia and New Zealand.
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Fugu raises Seed funding for CO2 capture with Investible lead
This month
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supply chain systems
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power / energy
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cleantech
Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.
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Adobe report: APJ leads in GenAI adoption over US and Europe
This month
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martech
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ai
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investment
Adobe's latest report reveals the Asia Pacific and Japan region leads in generative AI adoption, outpacing the US and Europe with a 65% implementation rate.
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Canon celebrates major success at drupa 2024 in Düsseldorf
This month
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cx
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martech
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cleantech
Canon triumphs at drupa 2024, surpassing sales targets despite fewer visitors. The Core exhibit captivates 6,000+ guests with immersive printing innovations.
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Kōura Wealth invests USD $5m of KiwiSaver funds into Bitcoin
This month
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cryptocurrency
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blockchain
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bitcoin
Kōura's Wealth's bold USD $5 million Bitcoin investment in KiwiSaver has surged to a whopping USD $7.5 million.
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Beroe invests in AI firm Forestreet to enhance procurement tools
This month
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ai
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it strategy
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investment
Beroe has made a strategic investment in Forestreet, enhancing its AI-driven procurement intelligence with advanced supplier discovery technology. Vel Dhinagaravel joins Forestreet's board.
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Australian retailers struggling to deliver best of breed eCommerce
This month
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crm
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martech
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cdp
Australian retailers lag in eCommerce maturity, with 16.8% of sales online. While COVID and cost-of-living affects investment, Gen Y and Gen Z may push online sales to 33% by 2033.