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Economy news stories

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Infosys
Preparing for the digital decade with the right workforce strategies
For a decade that started under the pall of the pandemic, the 2020s is poised to end with a bang with the digital economy swelling to a high across the world.
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Security Information and Event Management (SIEM)
Exabeam offering gives customers 245% ROI over three years
Exabeam has announced the results of a commissioned Total Economic Impact (TEI) study, which shows its Fusion SIEM offering has achieved a 245% return on investment (ROI).
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Data
Businesses unable to properly succeed in data economy
Only 6%  of businesses use, access, and share data and data services in a way that grants them all the business benefits provided by a robust data strategy.
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Cloud
Duality and NTT DATA revolutionize privacy enhanced secure data collaboration
Our new global economy has exponentially grown our digital footprint, and for many organisations maximising on the value of the critical, yet sensitive data they are collecting is paramount.
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Small and Medium Enterprise / SME
MYOB Kiwi business survey shocks with low confidence
The 2022 MYOB Business Monitor survey has found more than two thirds of SMEs are expecting the economy to decline in the next 12 months.
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Cloud
ACS encourages federal leaders to think bigger around tech jobs
The Australian Computer Society (ACS) is calling for greater visionary thinking from federal leaders around the industries of the future, particularly relating to IT technology roles.
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Big Data Exchange
BDx expands reach in Asia with Singapore global HQ
Big Data Exchange (BDx) has announced the relocation of the company's global headquarters to Singapore, with the aim of creating new career opportunities and increasing data center offerings and energy effectiveness.
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Manufacturing
Major growth for IoT manufacturing market by 2026 - report
A new report by Future Market Insights on the Internet of Things manufacturing market says the market share is likely to reach approx. US$399 billion by 2026.
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Cloud
DSA study finds economic benefit of using MHz band
A new study by the Dynamic Spectrum Alliance (DSA) has found that Indonesia, Kenya, Nigeria and South Africa’s economies could benefit if they decide to enable unlicensed access to the 5925-7125 MHz band.
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NZ Government
Govt creates roadmap for growth in NZ's tech sector
The digital technology sector is now one of the country’s top earners, contributing an estimated $6.6 billion to the economy in 2019.
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e-invoice
eInvoicing the key to economic recovery in Australia
In line with new legal requirements put in place by the Australian Taxation Office (ATO), eInvoicing practices are being widely rolled out in a bid to enhance the Australian economy.
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Malaysia
New roundtable series by The Malaysia Global Business Forum to discuss threat matrix in digital economy
The Malaysia Global Business Forum (MGBF) has announced the launch of a new roundtable series titled "The Evolving Threat Matrix of the Digital Economy".
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Cybercrime
New book reveals massive flaws in Australian cybersecurity management
Cybercrime has been estimated to cost the Australian economy AUD$42 billion, according to a new book released by a UNSW cybersecurity expert.
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Grover
New Grover study reveals cost impact of consumer electronics around the globe.
A new global study by Grover has revealed the expense of in-demand electronics around the world, shining a light on problems with supply chain shortage and currency fluctuations in the midst of the pandemic.
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Digital Transformation
NZ businesses moved 40 times faster than they thought possible when COVID-19 hit
Five years of advances in digital transformation for New Zealand businesses has occurred in a period of eight weeks, due to COVID-19, a new report finds.
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Innovation
What will bring success for New Zealand following COVID-19?
A new report from economists and researchers in New Zealand states that the country needs to refresh many aspects of its economic strategy, including giving greater focus to innovation and the knowledge economy.
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Christchurch
Kiwi tourism startups making tracks in NZ and abroad
“There’s been talk of the New Zealand tourism industry slowing down. Because of that, I think it’s more important than ever that New Zealand fosters innovation in the tourism industry, and that’s exactly what Lightning Lab Tourism has been about."
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Agritech
Biotech an ailing area of NZ economy
With New Zealand aiming to make tech our number two export by 2025, and primary industry already our number one, we need a clear path forward.
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Agritech
Silicon Valley connection key to Kiwi growth, says expert
Graeme Muller says that he has returned from the Bay Area with an understanding of just how valuable the Kiwi-Cali connection will be.
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Government
Survey finds sharp decline in Auckland business confidence
1 year ago Auckland businesses were feeling relatively optimistic about the economy, but fast-forward to the present and that has drastically changed.
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MYOB
SMBs in regions showing steady growth – MYOB
44% of operators in Waikato and the Bay of Plenty saw their revenue improve in the last 12 months, with similar levels of growth seen in Southland.
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Internet of Things
NZ IoT Alliance report: Simon Bridges on the Govt's role in NZ's IoT future
“Emerging technologies also present new challenges, and the research identifies some areas we’ll be considering further such as privacy of IoT data."
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Internet of Things
NZ IoT Alliance: Next decade worth $2.2 billion in IoT potential
“The key inhibitor for IoT uptake in NZ is a lack of understanding, knowledge and skill. This is not a technical issue, it's an education issue."
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MYOB
More SMEs back tighter immigration laws despite skill shortages
Worries about the impact on public services and housing are likely behind the current high level of concern.