Digital Economy stories - Page 1
NZD $9.6 billion cloud spend looms but most are unprepared
Today
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digital transformation
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ai
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nzd
New Zealand's cloud spending is set to reach NZD $9.6 billion by 2028, but only a third of businesses are ready to exploit its full potential.
BW Digital sets 1.2 Tb/s record on Hawaiki cable with Ciena
Yesterday
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digital transformation
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cleantech
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sustainability
BW Digital has set a new data record, transmitting 1.2 Tb/s per wavelength over 4,300km of the Hawaiki Transpacific Cable using Ciena's WaveLogic 6 Extreme.
CyberNorth & Sage join forces to boost North East cyber sector
Yesterday
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fintech
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ai
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sage
CyberNorth and Sage have partnered to boost the North East's cyber security sector, aiming to establish the region as a global innovation hub.
Equinix acquires three Manila data centres as digital economy grows
Yesterday
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digital transformation
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hyperscale
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dc
Equinix acquires three Manila data centres to bolster digital infrastructure amid the Philippines' USD $45bn digital economy surge in 2024.
Indosat & GoTo launch multilingual AI model for Indonesia
Yesterday
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digital transformation
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ai
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digital economy
Indosat and GoTo launched Sahabat-AI, a 70-billion parameter large language model supporting five Indonesian languages to boost local AI and digital sovereignty.
Superloop to Deliver Digital Network for New Bradfield City
2 days ago
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uc
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surveillance
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connectivity
Superloop has been appointed to deliver and manage the digital network for Bradfield, a new city in Western Sydney set to house 10,000 homes.
Advance.CBP unveils new Makati office & plans for credit access
Last week
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fintech
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ai
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ml
ADVANCE.CBP opens new office in Makati, unveiling advanced credit scoring solutions to boost financial inclusion across the Philippines.
Fundbox rebrands to power embedded finance for small business
Last week
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fintech
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api
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smb
Fundbox shifts from direct lending to embedding capital infrastructure in platforms, aiming to bridge the USD $2 trillion small business credit gap.
Alibaba & SAP partner to drive cloud innovation in China & beyond
Last week
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digital transformation
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erp
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ai
Alibaba Group and SAP have teamed up to boost enterprise innovation in China, with plans to extend their cloud and AI collaboration across Asia, the Middle East and Africa.
Australia's data centre boom shifts to regional areas
Last week
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hyperscale
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dc
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ai
Australia's data centre market is booming, with regional sites rising fast due to AI advances and renewable energy, doubling facilities in five years.
Velocity secures USD $10M to build stablecoin platform
Last week
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fintech
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blockchain
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payment technologies
Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.
SME CyberResilience aims to boost cyber defences for 2,000 firms
Last week
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advanced persistent threat protection
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cybersecurity
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digitisation
ST Engineering and IMDA launch SME CyberResilience to provide 2,000 Singapore SMEs with free cyber threat scanning and expert guidance.
Alibaba Cloud, IMDA launch AI accelerator for 3,000 SMEs
Last week
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it training
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digital transformation
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genai
Alibaba Cloud and IMDA launch a Digital Accelerator Programme to help 3,000 Singaporean SMEs adopt cloud and AI technologies, supporting digital growth.
BrioHR raises USD $6.5 million to drive ASEAN digital jobs
Last week
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digital transformation
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data science
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hcm
Malaysian HR tech startup BrioHR raises USD $6.5 million to expand AI-driven solutions, aiming to boost ASEAN's digital workforce ahead of the 2025 Summit.
Vertiv opens new Sydney HQ with customer experience centre
Last week
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edge computing
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ai
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cloud services
Vertiv has opened its new Sydney HQ with the first Customer Experience Centre in Australia, enhancing support for the nation's growing digital economy.
Sinch named top vendor for RCS messaging in global ROCCO report
Last month
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cx
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martech
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ai
Sinch is named a Tier 1 vendor in ROCCO’s 2024 RCS Messaging Market Impact Report, praised by operators in 64 countries for technical strength and reliability.
Red Hat expands partner support for Enterprise Linux 10 release
Last month
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devops
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hybrid cloud
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digital transformation
Red Hat boosts hybrid cloud and AI workloads by expanding partner support and releasing Red Hat Enterprise Linux 10 across major cloud platforms.
Temu joins global council to step up fight against online fakes
Last month
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payment technologies
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personal computing devices
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apple
Temu has joined the International Anti-Counterfeiting Coalition's Marketplace Advisory Council to strengthen efforts against online counterfeit goods.
Are stablecoins the new superstars of crypto?
Last month
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blockchain
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payment technologies
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defi
Stablecoins, digital currencies pegged to stable assets like the US dollar, are emerging as dependable players reshaping the crypto and global finance landscape.
Digitalisation could boost NZ SME GDP by NZD $8.6 billion in 2025
Last month
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data analytics
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digital transformation
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financial systems
New Zealand SMEs could boost GDP by NZD $8.6bn by 2025 through digitalisation, says report by Xero and NZ Institute of Economic Research.