Revenue stories
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.