Growth stories - Page 9

CommScope will sell its Outdoor Wireless Networks and Distributed Antenna Systems units to Amphenol for USD $2.1 billion, aiming to streamline operations by 2025.

The Australian IaaS market surged by 20.76% in 2023 to reach AUD $3.3 billion, with Microsoft dethroning Amazon as the leading provider, Gartner reports.

Liz Parry has been named CEO of Lifecycle Software, making history as the first woman to hold the position, succeeding Kelvin Chaffer who moves to Neural Technologies.

Boost Mobile elevates Jason Haynes to CEO as the company eyes expansion into new markets, including broadband services, and continues its growth under his leadership.

Industry leaders react to the King's Speech, highlighting the importance of connectivity, cybersecurity, and AI in the new Labour government's legislative agenda.

Intelliworx promotes Joy Johnson to lead UK and US client services, aiming to capitalise on the booming cybersecurity market and company's growth.

Weel has promoted Damon Hauenstein to CFO and COO as the company scales up, aiming to further accelerate its growth trajectory, processing AUD $500 million annually.

In an exciting and fresh appointment, Luke Coleman will be stepping into the role of CEO at Communications Alliance in September 2024.

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.

Fusion5 has clinched the Microsoft ANZ Business Applications Partner of the Year Award 2024, marking yet another milestone in its impressive track record across New Zealand and Australia.

Bridgewise has unveiled an AI-powered analysis solution for ETFs and mutual funds, offering insights into 12,000 global funds to help investors make informed decisions.

Future Market Insights predicts the distributed cloud market to grow at 10.3% annually, from USD $5.8 billion in 2024 to USD $15.5 billion by 2034, driven by IoT and edge computing.

Peter Birks has been named CEO of Velstar, with founder Dan Sheard transitioning to focus on growth and partnerships. Velstar projects a revenue of GBP £10 million for 2024.

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.

The global smart city kiosk market is set for robust growth, expanding from USD $26.9 billion in 2023 to USD $93.7 billion by 2034, with a 12.2% CAGR, per Future Market Insights.

Linesight appoints Scott Halyday as Regional Director for Southeast Asia, leveraging his 19 years of expertise to drive growth in strategic sectors like data centres.

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.

Indosat Ooredoo Hutchison unveils AI-powered, cloud-based solutions to revolutionise Indonesia's oil and gas sector at SKK Migas KKKS Contractors meet in Bali.

Penta Consulting has secured a place among the fastest growing UK tech companies on the 2024 E2E Tech 100 List, thanks to rapid growth and innovation.

Infinigate has invested in Wavelink, securing a majority stake and cementing its entry into the ANZ market while enabling Wavelink to operate autonomously.