Investment stories - Page 42

Australian ports' aversion to digital investment threatens long-term viability, says IFS report. Investment in digital transformation key for future success.

EQT Infrastructure will continue to operate EdgeConneX with plans to pursue ‘aggressive’ growth in existing and new markets worldwide.

New Zealand urged to focus on innovation and knowledge economy to reset economic future in post-COVID era, says report.

Investment in New Zealand startups has remained relatively stable despite the COVID-19 lockdowns and disruption to business.

MYOB partners with Flare to bring smarter solutions to customers, following Flare's successful $22 million capital raise.

Almost half of organisations (47%) plan to increase investments in IoT technologies despite COVID-19's impact on revenue, according to Gartner.

The investment into Roubler will see MYOB integrating the workforce management platform into its own offerings.

WhiteHawk Limited has been awarded a fiscal 2021 option extension of US$1.5 million (A$2.1M) under an existing seven-year contract.

GeoSpock secures $5.4m in strategic investment for its database technology solutions, bringing total funding to over $32m.

Technology should be flying high when it comes to government investment and commitment from New Zealand's political parties. But is it?.

Beyond Limits, an AI technology company, has raised $133m to drive global expansion, with investments from Group 42 and bp ventures.

Businesses worldwide have increased their IT spend this year due to the COVID-19 pandemic, leading to new concerns around IT budgets and cost control.

PPRO, the local payments platform-as-a-service provider, has announced an 85% volume growth and new investment from Sprints and Citi.

Stax, the cloud automation platform, plans global expansion despite the economic downturn, with managing director Mike Middaugh leading the investment strategy.

Despite the COVID-19 pandemic, over 30% of Australian and New Zealand businesses plan to increase budgets for AI in 2020, says IDC report.

Exxon Mobil – the largest United States oil and gas company – suffered the hardest hit, losing a market cap of US$82.02 billion in the last six months.

Tech Data plans to invest USD $750 million in digital transformation over five years, following its acquisition by Apollo Global Management.

As the COVID-19 coronavirus pandemic continues to lead many market sectors into turbulence, the energy sector has not escaped unscathed.

Alibaba Cloud plans to invest US$283m to support partners in joint innovations and digitalisation capabilities.

Alibaba Cloud is investing USD $283 million to speed up global partner innovation, aiming to boost digitalisation and create joint products for diverse sectors.