TechDay Australia - Australia's technology news network

Market Growth stories

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Cloud contact centre market grows, driven by demand for customer engagement
Yesterday
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digital transformation
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hyperscale
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cx
The global cloud contact centre market is set to soar to USD $26,846.9 million by 2024, driven by increasing demand for scalable customer engagement solutions.
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Edge AI market to hit USD $71 billion by 2034, report says
Last week
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uc
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smart cities
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iot
The global Edge AI market is set to soar to USD $71.1 billion by 2034, fuelled by advances in IoT, 5G, and a demand for energy-efficient technologies.
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Global data centres optimistic on AI growth despite power concerns
Last week
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ai
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cleantech
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sustainability
A DLA Piper survey reveals 70% of global data centre investors forecast increased funding over two years, driven by AI demand despite energy concerns.
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Industrial software market to reach USD $355 billion by 2030
This month
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saas
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it in manufacturing
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genai
The global industrial software market is set to surge from USD $146 billion in 2023 to USD $355 billion by 2030, driven by cloud and AI innovations.
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SEP invests in Springtime Technologies to drive growth
This month
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digital transformation
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fintech
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software
Scottish Equity Partners has made a strategic growth investment in Vienna's Springtime Technologies, enhancing accounts payable automation for global enterprises.
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2degrees reports NZD $1.34 billion revenue surge in 2024
Last month
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cx
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martech
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2degrees
2degrees has reported a strong 16% rise in underlying EBITDA for fiscal 2024, with total revenue increasing 7% to NZD $1.34 billion.
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NTT DATA to acquire Niveus for Google Cloud expansion
Last month
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digital transformation
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supply chain & logistics
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genai
NTT DATA plans to acquire Niveus Solutions, boosting its Google Cloud capabilities with an additional 1,000 experts to enhance AI and data engineering services.
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Australian firms encouraged to adopt platform strategies
Last month
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storage
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genai
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ai
As Australia and New Zealand gear up for 2025, organisations are grappling with productivity and data management challenges, warns expert Mark Jobbins.
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CYFOX & Simplicity One partner for SMB cybersecurity
Last month
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cybersecurity
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automation
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simplicity one
CYFOX Security and Simplicity One have partnered to provide affordable cybersecurity solutions for small and medium-sized businesses in Australia and New Zealand.
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Sysdig names William Welch as new CEO, eyeing growth
Last month
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cloud security
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cx
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martech
Sysdig has appointed William 'Bill' Welch as its new CEO, aiming to enhance its cloud-native application protection amid a booming cloud security market.
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IoT cybersecurity market set to hit USD $60 billion by 2029
Last month
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cloud security
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advanced persistent threat protection
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xdr
A Juniper Research study predicts the global IoT cybersecurity market will soar to USD $60 billion by 2029, driven by the rising adoption of IoT devices.
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Snom appoints Fabio Albanini as VP of Global Sales
Last month
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uc
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digital transformation
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partner programmes
Snom has named Fabio Albanini as its new Vice President of Global Sales, aiming to enhance its market presence and partner network worldwide.
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Westcon-Comstor & CrowdStrike expand partnership to Ireland
Last month
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data analytics
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ai security
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cybersecurity
Westcon-Comstor and CrowdStrike have expanded their distribution agreement to Ireland, enhancing the adoption of the CrowdStrike Falcon platform nationwide.
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NetApp partners with Exclusive Networks for UK data security
Last month
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data protection
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ransomware
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ai
NetApp and Exclusive Networks have teamed up to enhance data security solutions for UK and Ireland businesses amid rising cyber threats.
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Infinigate partners with Seclore to advance data security
Last month
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data protection
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encryption
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cloud security
Infinigate has expanded its partnership with Seclore to boost data security solutions across Europe after a successful Middle East collaboration.
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Toqio partners with DSA to enter growing logistics sector
Last month
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financial systems
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supply chain & logistics
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ecommerce
Toqio has ventured into the logistics sector by partnering with global e-commerce firm DSA, aiming to leverage financial solutions for growth.
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Concentric AI raises USD $45m to drive data security
Fri, 25th Oct 2024
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data protection
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cloud security
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genai
Concentric AI has raised USD $45 million in Series B funding, significantly boosting its position in the growing Data Security Posture Management market.
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Human Managed unveils white paper on federated learning
Tue, 22nd Oct 2024
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digital transformation
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martech
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cdp
Human Managed has released a white paper on federated learning, highlighting its potential for enhanced data privacy and digital transformation in ASEAN.
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Censys reports massive 238% rise in global channel growth
Fri, 18th Oct 2024
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cybersecurity
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government
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public sector
Censys has reported a remarkable 238% increase in its global channel programme, driven by a booming demand for attack surface management solutions.
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Sectigo launches SiteLock 2.0 to enhance SMB security
Thu, 17th Oct 2024
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soc
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cybersecurity
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cloud services
Sectigo has launched SiteLock 2.0, a revamped website security platform designed to assist small and medium-sized businesses in protecting their online assets.