Investment stories - Page 40
Stax invests in cloud's silver lining amid economic downturn
Mon, 10th Aug 2020
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cloud services
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investment
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stax
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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healthtech
Alibaba Cloud plans to invest US$283m to support partners in joint innovations and digitalisation capabilities.
Alibaba Cloud to invest US$283 million to accelerate global partner innovation
Wed, 17th Jun 2020
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partner programmes
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healthtech
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alibaba
Alibaba Cloud is investing USD $283 million to speed up global partner innovation, aiming to boost digitalisation and create joint products for diverse sectors.
Reach for the low-hanging fruit: How achieving a rapid ROI is becoming a leading AI trend
Wed, 10th Jun 2020
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robots
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data analytics
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planning
Focusing on returns, rather than adopting AI for its own sake, will drive the emergence of rapid AI ROI throughout the rest of 2020.
How to help your data scientists deliver better business value
Wed, 20th May 2020
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data science
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investment
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data management
Data scientists spend just 12% of their time delivering insights, according to IDC. Silos and admin tasks are to blame.
Healthcare IT is in dire need of investment, says NZ Health IT chief
Wed, 13th May 2020
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healthtech
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it industry
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investment
New Zealand's digital health tech needs more investment to support healthcare during the pandemic, says NZ Health IT.
Razer invests US$50M in business partners impacted by COVID-19
Fri, 17th Apr 2020
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fintech
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partner programmes
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healthtech
Razer commits USD $50 million to aid business partners hit by COVID-19. The funds will be distributed via Razer Gold, Razer Fintech, and ZVentures.
AirTrunk sets sights on APAC expansion, backed by fresh investment
Thu, 9th Apr 2020
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hyperscale
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dc
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investment
Macquarie has acquired an 88% stake in AirTrunk, valuing the hyperscale data center provider at over A$3bn ($2.2bn).
New investor partnership to unlock $6bn for NZ business
Thu, 2nd Apr 2020
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partner programmes
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grant thornton international
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investment
New partnership between Neu Capital and Grant Thornton set to unlock USD $6 billion in funding for New Zealand's medium and small businesses.
Revealed: Global trends in technology investment
Wed, 18th Mar 2020
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investment
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emerging technology
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tech nation
The US and China see total investment values drop year-on-year, but the UK records a rise in investment into British tech companies.
Singapore security firm Right-Hand scores $1.4m seed funding
Wed, 18th Mar 2020
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cybersecurity
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investment
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funding
Singapore's Right-Hand has secured SGD$1.4 million in seed funding to enhance its SaaS cybersecurity platform, focusing on mitigating human-error risks.
Data center construction looks towards liquid cooling power
Tue, 10th Mar 2020
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datacentre infrastructure
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data analytics
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hyperscale
The global data centre construction industry is shifting towards liquid cooling to support AI and big data, aiming for efficiency and reduced emissions.
Google Cloud to invest $10b in US presence in 2020
Tue, 3rd Mar 2020
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hyperscale
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public cloud
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google
Google will invest more than $10 billion in its United States offices and data centers in 2020, Google CEO Sundar Pinchai declared last week.
NZ software company set to go global after securing $3.65 million
Thu, 27th Feb 2020
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icehouse
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investment
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lawvu
LawVu plans to set up offices in Australia and the US, as well as leverage business opportunities in other overseas markets.
Snowflake valuation skyrockets to $12.4 billion following strategic partnership with Salesforce
Tue, 11th Feb 2020
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data analytics
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martech
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cdp
Snowflake’s valuation has surged to USD $12.4 billion after new funding and a strategic partnership with Salesforce, poised to solidify its market dominance.
Aussie sports startup announces aim to raise $750K
Thu, 30th Jan 2020
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sports
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investment
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startups
Adelaide's Lumin Sports Technology seeks AUD $750K to finalise its sports tech platform for European and US markets, aiming to expand globally.