TechDay Australia - Australia's technology news network

Gross Domestic Produce (GDP) stories

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Australians & Kiwis face strain from living cost crisis
This month
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inflation
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immigration
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analyst report
A report reveals ongoing financial strain for Australians and New Zealanders, with rising living costs leaving nearly half feeling worse off than last year.
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Google invests USD $1 billion in Thailand's digital future
Tue, 1st Oct 2024
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google
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jobs
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alphabet
Google has declared a USD $1 billion investment to boost Thailand's digital infrastructure, bolstering cloud and data centres in Bangkok and Chonburi.
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Equinix invests USD $124 million in new Hong Kong data centre
Wed, 14th Aug 2024
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hyperscale
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dc
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power / energy
Equinix commits USD $124 million to construct its largest Hong Kong data centre, HK6, aiming to bolster digital infrastructure and connectivity in the Greater Bay Area.
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Australia sees 61% rise in cyber extortion, report reveals
Tue, 30th Jul 2024
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devops
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apm
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healthtech
Australia faces a 61% rise in cyber extortion attacks, according to Orange Cyberdefense's new report, threatening its economy, jobs, and national security.
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AI could add GBP £2 billion to UK GDP & create 20,000 jobs
Thu, 25th Jul 2024
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ai
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ai agents
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cloud services
AI adoption could revolutionise the UK's accounting sector, adding GBP £2 billion to GDP, boosting exports by GBP £238 million, and creating nearly 20,000 jobs over three years, according to a new study by Sage and Demos.
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UK cyber-attack exposes MoD vulnerabilities, China speculated
Thu, 27th Jun 2024
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data protection
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cyber attacks
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nhs
A cyber-attack on the UK Ministry of Defence has sparked speculation about its source, with experts suggesting rival state involvement.
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Google to invest US$2 billion in Malaysia's digital future
Thu, 30th May 2024
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edutech
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digital transformation
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supply chain & logistics
Google is investing US$2 billion in Malaysia to build its first data centre and a Google Cloud region, boosting the nation's digital transformation efforts.
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SMEs seek cost reduction & support in upcoming budget
Thu, 16th May 2024
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productivity
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grants
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gdp
SMEs are prioritising cost reduction and procedural support as key expectations from the upcoming budget, according to MYOB's latest survey data.
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Creating the blueprint for introducing AI and robotics to business: A hospitality perspective
Mon, 22nd Apr 2024
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robots
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ai
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feedback
Sudima Hotels have seen a 10-15% boost in productivity over 18 months since introducing AI and robots, proving they enhance efficiency without displacing human roles.
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TCS Sustainathon Malaysia 2024 challenges STEM gender gap
Mon, 8th Apr 2024
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edutech
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students
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universities
Over 200 Malaysian students from 30 universities joined Tata Consultancy Services' Sustainathon, developing innovative strategies aimed at bridging the gender gap in STEM fields.
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IWD 2024: Gender pay gap widening in the United Kingom
Wed, 6th Mar 2024
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oecd
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equality
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work-life balance
The gender pay gap in the UK has widened to 14.5%, pushing the country to 17th place in the Women in Work Index.
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Spark & NZIER to boost NZ's productivity with technology
Fri, 23rd Feb 2024
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cloud services
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productivity
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nzier
Spark, in partnership with the NZIER, aims to steer Aotearoa New Zealand a technology generation ahead, addressing the country's productivity challenges.
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Alibaba platforms boosts UK exports to China by 54% since 2019
Wed, 21st Feb 2024
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alibaba
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exports
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gdp
Alibaba Group's platforms have seen a 54% surge in UK exports to China since 2019, pointing to a robust demand for UK brands and the growing role of digital platforms in global business.
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Grok Academy appoints Martha McKeen as Chief Strategy Officer
Tue, 13th Feb 2024
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edutech
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e-learning
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cybersecurity
Grok Academy names former Commonwealth Bank exec Martha McKeen as Chief Strategy Officer, bolstering efforts to address Australia's tech skills shortage through teacher resourcing and student engagement.
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Technology Queenstown unveils plan to transform district into tech hub
Mon, 5th Feb 2024
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university of otago
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stakeholders
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gdp
Tech Queenstown targets to mould Queenstown Lakes District into a global tech hub, leveraging its potential for a bustling tech sector set to generate $1bn annual GDP by 2043.
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Southeast Asia's digital economy to reach 56% of region's GDP by 2027
Wed, 31st Jan 2024
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martech
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commerce systems
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mobile apps
Southeast Asia's digital economy contributed 45% to the region's GDP in 2022, as per UnaFinancial, with digital payments playing a crucial role.
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Getty Images CEO urges Sunak to back creative over AI industries
Wed, 17th Jan 2024
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physical security
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genai
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ai
Getty Images CEO, Craig Peters, warns Chancellor Rishi Sunak of risking UK GDP by favouring AI support over the critical creative industries.
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Rising cyber threats challenge Southeast Asia's booming digital economy
Fri, 5th Jan 2024
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digital transformation
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physical security
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ai
As Southeast Asia's digital economy rapidly reaches $100bn, it is attracting cyber criminals, with 28% of businesses observing an increase in threats alongside their digital expansion.
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Xero & AWS partner to boost digital capabilities for Australasian SMBs
Tue, 19th Dec 2023
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data analytics
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digital transformation
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hyperscale
Xero and Amazon Web Services join forces to enhance digital capabilities of SMBs in Australia and New Zealand.
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AI's role in transforming productivity & redefining knowledge work
Thu, 14th Dec 2023
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hcm
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ai
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productivity
AI's potential in redefining jobs rather than eliminating them could vastly boost productivity, according to expert Angus Bauer.