TechDay Australia - Australia's technology news network

Market share stories

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Amazon leads Australian marketplace as Catch closes down
This month
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ecommerce
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amazon
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digital marketing
Amazon continues to dominate Australia’s marketplace sector, as trust in competitors like Shein and Temu declines, according to the latest consumer report.
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IFS reports strongest financial results for 2024
This month
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it in manufacturing
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ifs
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financial results
IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.
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Global semiconductor revenue to exceed USD $705 billion
This month
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genai
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ai
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intel
Global semiconductor revenue surged to USD $626 billion in 2024, driven by strong demand for GPUs and AI processors, according to Gartner.
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Kantar reveals rise in UK ad-supported streaming tiers
Last month
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digital entertainment
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advertising
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netflix
Kantar's latest report reveals a surge in ad-supported streaming subscriptions in the UK, rising to 31% amid changing viewer habits and economic pressures.
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New Look partners with Medallia for customer insights
Last month
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it training
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data analytics
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digital transformation
New Look has joined forces with Medallia and Higher Oak to launch a comprehensive omnichannel customer experience programme, enhancing customer insights across all platforms.
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ManyPets appoints Shane Larkin as Chief Marketing Officer
Last month
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sky
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insurtech
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financial services
ManyPets has appointed Shane Larkin as its new Chief Marketing Officer, focusing on enhancing its pet insurance offerings amid rising care costs.
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Vertice secures $50 million to optimise enterprise spend
Last month
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saas
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procurement
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spending
Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.
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Amazon & Temu rivalry heats up in Australian eCommerce
Last month
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digital transformation
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cx
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martech
Pattern's 2025 eCommerce forecast reveals Australia's online retail landscape will undergo major transformations, driven by Amazon's new budget-friendly store and social commerce trends.
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Gen Z to boost UK January sales with GBP £2.5 billion spend
Last month
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cx
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martech
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personalisation
Gen Z consumers in the UK are set to spend GBP £2.5 billion during January sales, highlighting the need for brands to focus on personalisation and customer loyalty.
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Backbase highlights banking trends shaping the industry in 2025
Last month
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data analytics
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fintech
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cx
Backbase forecasts a USD $1 trillion transformation in banking by 2025, urging traditional banks to innovate or face a 30% market share loss to digital rivals.
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AI boosts server revenue growth despite market challenges
Thu, 19th Dec 2024
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datacentre infrastructure
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hyperscale
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dc
Server revenue surged by 22.9% year-on-year in Q3 2024, driven by booming AI platform demands, according to CONTEXT's latest market forecast.
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Huawei leads 2024 global wearables market with 44.3% rise
Thu, 19th Dec 2024
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wearables
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partner programmes
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personal computing devices
Huawei leads the global wearables market with a 44.3% year-on-year shipment increase, securing a 16.9% market share in 2024 despite a downturn.
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Cohesity completes merger with Veritas, becomes largest data protection software provider
Wed, 18th Dec 2024
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data protection
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genai
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ai
Cohesity has merged with Veritas' data protection business, emerging as the world's largest data protection software provider, securing over $1.7 billion in revenue.
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Cohesity becomes largest data protection provider globally
Wed, 11th Dec 2024
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data protection
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genai
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ai
Cohesity has completed its merger with Veritas' data protection division, becoming the largest global provider in the sector and valued at over USD $7 billion.
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BeyondTrust appoints Ortbals as senior VP for partner growth
Tue, 10th Dec 2024
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it automation
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physical security
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cybersecurity
BeyondTrust has appointed Jim Ortbals as Senior Vice President of Global Partner Ecosystems, recognising his extensive experience in channel leadership.
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Gigamon wins Frost & Sullivan award for market leadership
Thu, 5th Dec 2024
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hybrid cloud
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hyperscale
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cx
Gigamon has clinched Frost & Sullivan's 2024 Best Practices Market Leadership Award for its outstanding performance in the Global Network Packet Brokers Industry.
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Consumers favour 25% discount in exchange for emails
Fri, 22nd Nov 2024
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cx
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martech
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data privacy
Research by Daemon reveals that 58% of consumers would share their email for a 25% discount, indicating a generational divide in data sharing willingness.
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Neo4j surpasses USD $200m ARR, eyes further AI growth
Wed, 20th Nov 2024
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data analytics
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digital transformation
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data science
Neo4j has exceeded USD $200 million in annual recurring revenue, doubling its figure in three years, driven by demand for its graph technology.
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Genetec secures second spot in global access control market
Wed, 20th Nov 2024
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firewalls
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hybrid cloud
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network security
Genetec has secured the number two position in the global access control market, showcasing a strong 28% growth rate over six years, says Omdia.
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RedCompass unveils AnalystAccelerator.ai for banks
Mon, 18th Nov 2024
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digital transformation
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genai
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ai
RedCompass Labs has launched AnalystAccelerator.ai, an AI solution designed to transform payment processes for banks, potentially automating 68% of projects.