TechDay Australia - Australia's technology news network

Market Growth stories

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Google Cloud Canada grows with focus on AI and sovereignty
4 days ago
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edutech
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uc
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encryption
Google Cloud is expanding in Canada with a strong focus on AI, data sovereignty, and local partnerships, looking to serve a diverse range of sectors.
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FedEx strengthens APAC leadership with new appointments
4 days ago
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hcm
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partner programmes
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business strategy
Federal Express has strengthened its Asia Pacific leadership team by appointing three senior executives, aiming to enhance customer solutions and market growth.
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Reconeyez introduces SIM service, new UK sales head
6 days ago
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network infrastructure
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sim
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connectivity
Reconeyez has launched a new SIM service to enhance connectivity and appointed Guy Combrinck as Head of Sales for the UK and Ireland.
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The role of smart labels in this new trade world
Last week
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iot
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ai
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rfid
As international trade grows more complex, smart labels are revolutionising the import process by providing real-time tracking and data sharing capabilities.
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Velixo secures funding to accelerate ERP reporting growth
Last week
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saas
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data analytics
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financial systems
Velixo has secured Series A funding from Elephant to enhance its Excel-based ERP reporting solutions, aiming to drive innovation and growth in the sector.
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Sciative unveils ESOP plan for leadership team expansion
Last month
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martech
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leadership
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data ownership
Sciative Solutions has unveiled an Employee Stock Ownership Plan for its leadership team, aimed at promoting growth and operational efficiency.
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Kynd strengthens leadership team for EMEA & US growth
Last month
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data analytics
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risk & compliance
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bi
Cyber risk management provider KYND has strengthened its leadership team, appointing Nadji Raib and Jeff Foley to drive growth across EMEA and the US.
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Rose & Thorne closing stores to focus on online expansion
Last month
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cx
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martech
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wholesale
New Zealand clothing brand Rose & Thorne is shifting to an online-only model, targeting Australia's £1.7bn bra market amid rising demand for larger sizes.
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Varonis acquires Cyral to boost AI-driven data security
Last month
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data protection
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physical security
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ai
Varonis Systems has acquired Cyral, enhancing data security capabilities amid a projected USD $225 billion database market boom by 2028.
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IWD 2025: Building an Equitable AI Future
Last month
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ai
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cleantech
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sustainability
As International Women's Day 2025 arrives, leaders are urged to build an equitable AI future, valuing inclusion over speed in technological growth.
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Half a billion eSIM units shipped globally in 2024
Last month
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smartphones
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uc
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iot
The Trusted Connectivity Alliance reports eSIM shipments surpassed 503 million in 2024, marking a 35% rise, driven by strong consumer demand and new devices.
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Generative AI market soars, NVIDIA & AWS lead sectors
Last month
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digital transformation
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hyperscale
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genai
The generative AI market soared to USD $25.6 billion in 2024, driven by rapid tech adoption and dominated by key players like NVIDIA and Microsoft.
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Okta surpasses USD $1 billion in AWS Marketplace sales
Last month
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data protection
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digital transformation
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hyperscale
Okta has exceeded USD $1 billion in sales through the AWS Marketplace, as its fourth-quarter revenue rises 13% to USD $682 million, showcasing robust growth.
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Kent acquires Sudlows Consulting to boost global presence
Fri, 28th Feb 2025
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hyperscale
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ai
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cleantech
Kent has acquired Sudlows Consulting, a leading firm in data centre engineering, paving the way for expanded international operations and sustainable solutions.
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CrowdStrike surpasses USD $1 billion sales on AWS Marketplace
Thu, 27th Feb 2025
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hyperscale
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cloud security
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ai security
CrowdStrike has become the first cloud-native cybersecurity vendor to surpass USD $1 billion in annual sales via AWS Marketplace, highlighting its rapid growth.
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Grapple to acquire Spenda portfolio, boosting SME finance
Wed, 26th Feb 2025
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market
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growth
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sme
Grapple plans to acquire Spenda's invoice finance portfolio, aiming to enhance its presence in the booming Australian SME market.
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Opportunities rise for UK firms in Northeast Asia's cyber market
Tue, 25th Feb 2025
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it training
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digital transformation
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iot
UK tech firms are seizing opportunities in Japan, South Korea, and Taiwan's booming cybersecurity markets, projected to reach GBP £6.2 billion by 2027.
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Peter Alexander named new CMO at Barracuda Networks
Fri, 21st Feb 2025
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firewalls
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cx
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martech
Barracuda Networks has appointed Peter Alexander as Chief Marketing Officer to lead its market growth strategy and enhance cybersecurity solutions amid rising demand.
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UK faces critical AI skills gap as firms struggle to adapt
Thu, 13th Feb 2025
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digital transformation
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genai
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ai
A recent study by Gigged.AI reveals a critical AI skills gap in the UK, warning that government policies hinder recruitment essential for future growth.
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Loop & Global-e partner to simplify global returns
Thu, 13th Feb 2025
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cx
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martech
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commerce systems
Loop has teamed up with Global-e to streamline cross-border returns for Shopify brands, aiming to boost international operations and enhance customer trust.