Investment stories - Page 28
Organisations struggling to realise full business value from cloud investments
Tue, 24th Nov 2020
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datacentre infrastructure
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cloud services
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investment
Only 37% of businesses are getting the full return on investment expected from their cloud investments, according to a report by Accenture.
Ports ripe for major tech update, says IFS
Thu, 12th Nov 2020
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supply chain systems
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ifs
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investment
Australian ports' aversion to digital investment threatens long-term viability, says IFS report. Investment in digital transformation key for future success.
Data center firm EdgeConneX sold to EQT Infrastructure
Tue, 10th Nov 2020
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edge computing
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m&a
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investment
EQT Infrastructure will continue to operate EdgeConneX with plans to pursue ‘aggressive’ growth in existing and new markets worldwide.
What will bring success for New Zealand following COVID-19?
Fri, 6th Nov 2020
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investment
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covid-19
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economy
New Zealand urged to focus on innovation and knowledge economy to reset economic future in post-COVID era, says report.
PwC: Investment in NZ startups remains resilient, despite lockdowns
Wed, 4th Nov 2020
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pwc
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investment
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startups
Investment in New Zealand startups has remained relatively stable despite the COVID-19 lockdowns and disruption to business.
MYOB invests in local startup Flare to aid ANZ businesses
Mon, 2nd Nov 2020
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fintech
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financial systems
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investment
MYOB partners with Flare to bring smarter solutions to customers, following Flare's successful $22 million capital raise.
IoT sees significant investment, despite economic uncertainty
Sat, 31st Oct 2020
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iot
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investment
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gartner
Almost half of organisations (47%) plan to increase investments in IoT technologies despite COVID-19's impact on revenue, according to Gartner.
MYOB buys 73% of workforce management vendor
Mon, 12th Oct 2020
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fintech
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hcm
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financial systems
The investment into Roubler will see MYOB integrating the workforce management platform into its own offerings.
WhiteHawk ramps up cyber revenues with US$1.5 million contract extension
Thu, 8th Oct 2020
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cybersecurity
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investment
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whitehawk
WhiteHawk Limited has been awarded a fiscal 2021 option extension of US$1.5 million (A$2.1M) under an existing seven-year contract.
GeoSpock hits $32 million in funding after latest round
Tue, 6th Oct 2020
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blockchain
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data analytics
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martech
GeoSpock secures $5.4m in strategic investment for its database technology solutions, bringing total funding to over $32m.
UPDATED: Election 2020 - Which parties care about tech's role in New Zealand
Tue, 6th Oct 2020
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technology in schools
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digital divide
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nztech
Technology should be flying high when it comes to government investment and commitment from New Zealand's political parties. But is it?.
Beyond Limits hits $133 million in Series C investment round
Fri, 25th Sep 2020
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ai
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funding
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cognitive systems
Beyond Limits, an AI technology company, has raised $133m to drive global expansion, with investments from Group 42 and bp ventures.
'Cloud sprawl' catches firms out during COVID-19 disruption
Mon, 31st Aug 2020
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erp
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cloud services
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rackspace
Businesses worldwide have increased their IT spend this year due to the COVID-19 pandemic, leading to new concerns around IT budgets and cost control.
PPRO announces growth over COVID-19 and successful US$50m investment round
Tue, 11th Aug 2020
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martech
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commerce systems
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investment
PPRO, the local payments platform-as-a-service provider, has announced an 85% volume growth and new investment from Sprints and Citi.
Stax invests in cloud's silver lining amid economic downturn
Mon, 10th Aug 2020
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investment
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stax
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cloud services
Stax, the cloud automation platform, plans global expansion despite the economic downturn, with managing director Mike Middaugh leading the investment strategy.
ANZ businesses still investing in AI, despite COVID-19
Tue, 21st Jul 2020
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uc
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digital transformation
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martech
Despite the COVID-19 pandemic, over 30% of Australian and New Zealand businesses plan to increase budgets for AI in 2020, says IDC report.
Energy sector leads turbulence across global economy
Mon, 6th Jul 2020
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stock market
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investment
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shareholders
Exxon Mobil – the largest United States oil and gas company – suffered the hardest hit, losing a market cap of US$82.02 billion in the last six months.
Tech Data to invest $750 million in digital transformation initiatives
Mon, 6th Jul 2020
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digital transformation
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investment
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tech data
Tech Data plans to invest USD $750 million in digital transformation over five years, following its acquisition by Apollo Global Management.
US oil & energy providers hit by plunging market cap in 1H 2020
Fri, 19th Jun 2020
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stock market
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investment
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shareholders
As the COVID-19 coronavirus pandemic continues to lead many market sectors into turbulence, the energy sector has not escaped unscathed.
Alibaba Cloud commits US$283M to aid partners in joint ventures
Thu, 18th Jun 2020
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uc
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partner programmes
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investment
Alibaba Cloud plans to invest US$283m to support partners in joint innovations and digitalisation capabilities.