Government Investment stories
The satellite IoT market is set to grow at a 26% CAGR to reach USD $4.7 billion by 2030, driven by tech advances and rising demand for remote connectivity.
The global intelligent transport system market is forecast to grow from USD $41.7bn in 2024 to USD $124.8bn by 2035, driven by urbanisation and tech advances.
The UK-APAC Tech Growth Programme has successfully arranged over 40 meetings for six UK tech firms with leading South Korean businesses, promoting semiconductor and AI innovations.
The global smart city kiosk market is set for robust growth, expanding from USD $26.9 billion in 2023 to USD $93.7 billion by 2034, with a 12.2% CAGR, per Future Market Insights.
Beaten Zone Venture Capital Fund 1 has gained Early Stage Venture Capital registration, targeting AUD $451m in defence tech investments with tax benefits for partners.
Ministry invests in HealthSpark, a Vector Institute programme boosting AI-driven healthcare innovations and startups.
The UK's GBP £2 billion AI plan ignites optimism for tech growth, but experts stress urgent need to close the widening AI skills gap across industries.
Australia's workforce grew 22.9% since 2014, with dramatic rises in aged care and tech roles, while traditional jobs like travel agents and farmers declined.
Retail crime is surging in Australia, with a 22% rise in return fraud. Experts urge government investment in technology to combat these threats.
The Australian Computer Society has backed the Federal Government's budget proposal, introducing tax cuts aimed at benefiting technology professionals across the country.
In a landmark 2025 budget, Singapore aims to enhance its AI-driven economy with major investments in workforce development and sustainable tech, say officials.
Morningstar Australasia and SuperAPI have teamed up to improve how Australians manage their superannuation as they enter the workforce.
Consent Labs expands operations in Victoria to meet demand for consent education, supported by a Federal Government investment of AUD $117.6 million.
Amazon Web Services partners with the Australian Epilepsy Project to create the world's largest connected epilepsy dataset, leveraging AI for enhanced patient care.
BT has secured a £26m deal to supply gigabit broadband to 650+ primary schools in hard-to-reach parts of England.
The Tech Users Association launches registration for the Rural Connectivity Symposium 2024, aimed at addressing tech challenges in rural communities post-national election.
Australia's digital health investment yields $19.70 in capital, 56 jobs and AUD 4.2m in gross economic value for every AUD $1m invested, according to a landmark report.
Despite financial challenges, 69% of UK tech SMEs invest in young talent via low-cost recruitment, showing optimism and resilience.
Cloud hosting firm Atlantic.Net unveils new data centre in Singapore, backing government investment in cloud computing to catalyse the region's cloud revolution.
43% of UK businesses call for increased government investment in the artificial intelligence sector, reveals Zoho survey.