Investment stories - Page 18

Generative AI is reshaping Australia’s workforce, with technology skills now integral to the economy. Embracing AI could unlock billions of dollars by 2030, but requires an understanding of its intricacies and a stronger pipeline of tech workers.

Device Authority, a leader in IoT identity and access management, has secured an additional $2m in Series A funding from US venture capital firm Mercato Partners' Prelude Fund.

As inflation spikes and a potential recession looms, businesses must adapt their supply chains with resilience and agility, preparing to not only survive, but thrive amid a changing economic landscape.

Network operators worldwide are set to spend $20bn on AI for network orchestration by 2028, marking a leap of 240% from $6bn in 2024, says Juniper Research.

Cybersecurity professionals must translate their technical language to ensure board members fully grasp inherent cyber threats, to encourage informed investment and more accountable cybercrime prevention.

Stablecoins, an innovative class of cryptocurrency, combine the advantages of digital security and rapid transactions, despite myths and misunderstandings.

ServiceNow and Keensight Capital have invested in IT consultancy firm Plat4mation, marking ServiceNow's first European strategic investment to boost customer value delivery and foster growth through partners.

Despite financial challenges, 69% of UK tech SMEs invest in young talent via low-cost recruitment, showing optimism and resilience.

Proptech is revolutionising the commercial property industry, offering solutions to challenges like complex legacy systems and manual processes.

Munich's Giesecke+Devrient boosts stake in software corporation Netcetera to 95%, enhancing its financial platforms and reinforcing future growth in digital banking and payments.

UK's Investment Association cautions investors on relying solely on AI and trading bots for investments, noting the potential financial risks and cybersecurity vulnerabilities.

Despite high inflation and rising interest rates, 80% of SMEs plan strategies for growth in 2024, underpinned by a focus on innovation, investment, and staff training, says a CBA-YouGov study.

Juniper Research predicts a 138% jump in transactions via biometric-enabled Point of Sale (POS) terminals, climbing from 19.5 billion in 2023 to 46 billion by 2028.

Melbourne-based food redistribution platform, Yume, has secured AU$2m in a seed funding round spearheaded by Investible to ramp up its technology capabilities and workforce.

Appdome has upgraded its MOBILEBot Defense product to offer full portability to any web application firewall (WAF), lowering costs for brands while enhancing defence against over 100 mobile attack vectors.

National Cyber Security Centre report highlights concerning cyber resilience of key UK institutions; BBC, NHS, Royal Mail, and British Library as being significantly vulnerable.

Software solutions giant Nemetschek Group discloses investment in US start-up Briq, aiming to boost digitalisation in the construction industry with its finance automation platform.

UK Chancellor, Jeremy Hunt, champions UK technology and calls for increased investment at the Davos World Economic Forum amid global economic uncertainty.

Scrumconnect Consulting unveils a new office in Newcastle's Portland House, furthering its commitment to government transformations.

India-Japan Fund invests Rs. 400 Crore in Mahindra and Mahindra's Last Mile Mobility, bolstering the company's sustainable transport goals in its first-ever investment act.