Revenue stories
Generative AI deployment surges as firms drive innovation
2 days ago
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cx
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martech
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ai
Organisations are significantly boosting their generative AI investments, with nearly a quarter now integrating the technology, up from 6% in 2023.
Check Point welcomes new CEO as Q2 reports strong results
3 days ago
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financial results
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venture capital
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revenue
Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.
Swoop secures AUD $36 million contract for Melbourne fibre network
3 days ago
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telco
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melbourne
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swoop
Swoop inks a landmark AUD $36m deal with a NASDAQ-listed tech giant to roll out fibre infrastructure in Greater Melbourne, their biggest contract yet.
Microsoft leads in Australia's booming IaaS market, surpassing Amazon
4 days ago
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saas
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paas
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public cloud
The Australian IaaS market surged by 20.76% in 2023 to reach AUD $3.3 billion, with Microsoft dethroning Amazon as the leading provider, Gartner reports.
AI use in mining on the rise, says Augment Technologies CEO
Last week
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ai
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safety check
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revenue management
AI use in mining surges as firms seek to boost safety and revenue, with spending tripled in 5 years, reports Augment Technologies CEO Brice Gower.
Global cellular IoT market reaches USD $15 billion in 2023
Last week
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iot
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smart cities
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5g & beyond
The global cellular IoT connectivity market surged in 2023, generating USD $15 billion from 3.6 billion connections, driven by a 23% growth rate, IoT Analytics reports.
Ecommpay introduces PayPal subscription feature for merchants
This month
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cx
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martech
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commerce systems
Ecommpay launches a new feature allowing merchants to collect recurring PayPal payments, enhancing subscription-based business models like meal kits and pay TV.
Peter Birks appointed new CEO of Velstar, succeeds Dan Sheard
This month
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staples
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financial results
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digital footprint
Peter Birks has been named CEO of Velstar, with founder Dan Sheard transitioning to focus on growth and partnerships. Velstar projects a revenue of GBP £10 million for 2024.
AI innovations in crafting unbreakable anti-counterfeit strategies for brands
This month
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blockchain
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ai
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cybersecurity
AI is revolutionising anti-counterfeiting strategies in a USD $2 trillion market, helping brands protect revenue and ensure consumer safety with advanced image recognition and real-time verification.
Amperity partners with Microsoft to enhance AI-driven retail experiences
This month
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martech
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cx
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cdp
Amperity and Microsoft have joined forces to enhance AI-driven customer experiences in retail. Their collaboration aims to boost customer loyalty and lifetime value through advanced data analytics and personalised omnichannel strategies.
Australian retailers struggling to deliver best of breed eCommerce
This month
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crm
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martech
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cdp
Australian retailers lag in eCommerce maturity, with 16.8% of sales online. While COVID and cost-of-living affects investment, Gen Y and Gen Z may push online sales to 33% by 2033.
NTT DATA appoints David McKeering as CEO for ANZ operations
This month
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cybersecurity
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digital transformation
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nz
NTT DATA has appointed David McKeering as CEO for Australia and New Zealand, aiming to boost regional growth after a merger valued at over USD $30 billion.
Metis Accelerate wins Best Search Software Tool at EU awards
This month
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ai
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awards
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accelerate
MediaVision's Metis Accelerate wins Best Search Software Tool at the EU Search Awards, revolutionising ecommerce SEO with advanced AI and keyword mining technology.
Seeing Machines & Caterpillar sign USD $16.5 million technology deal
Last month
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physical security
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intellectual property
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seeing machines
Seeing Machines inks a 5-year deal with Caterpillar, securing a USD $16.5 million payment to bolster cash reserves and advance transport safety tech.
Datacom returns to profit, unveils strategic transformation plan
Last month
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risk & compliance
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ai
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digitisation
Datacom rebounds to NZD $41 million pre-tax profit, unveiling a strategic transformation plan to bolster future growth and AI adoption across its operations.
Directo launches AUD$3 million capital raise to boost growth
Last month
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crm
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erp
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ai
Melbourne-based Directo has launched a $3 million capital raise to boost its growth, having onboarded 54% of Australian pharmacies and doubled its revenue.
Telecoms to earn USD $111 billion from APIs by 2027 says study
Last month
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juniper research
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analyst report
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telecom
Juniper Research forecasts a boom in telecom API revenue, with global earnings set to climb from USD $50 billion in 2024 to USD $111 billion by 2027.
StarHub ranks 184th in FORTUNE Southeast Asia 500 for 2023
Last month
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cybersecurity
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services
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starhub
Singapore’s StarHub has achieved 184th place in the inaugural FORTUNE Southeast Asia 500 list for 2023, marking a notable revenue-based ranking.
Swoop acquires conduit & fibre assets, eyes $1.2m boost
Last month
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housing
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swoop
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developers
Swoop's acquisition of fibre assets in Western Australia to connect 900 homes in Seacrest Estate promises AUD $1.2 million in revenue over three years.
UK marketers eye AI to tackle experimentation challenges
Last month
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commerce systems
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martech
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cartech
Nearly nine in ten UK marketers think experimentation is key for 2024, yet 20% find their current methods ineffective, reveals Optimizely's new report.