Investment stories - Page 9

Fortinet has been named a Challenger in the 2024 Gartner Magic Quadrant for Single-Vendor SASE, highlighting its efforts in simplifying operations and enhancing security.

The enterprise IoT market hit USD $269 billion in 2023, with 15% growth. Expected deceleration in 2024 due to economic concerns could shift investment focus to software.

Riverside appoints former Deliveroo CEO Ed McManus as Senior Operating Partner, aiming to leverage his extensive experience to drive growth in Australia and New Zealand.

Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.

Adobe's latest report reveals the Asia Pacific and Japan region leads in generative AI adoption, outpacing the US and Europe with a 65% implementation rate.

Canon triumphs at drupa 2024, surpassing sales targets despite fewer visitors. The Core exhibit captivates 6,000+ guests with immersive printing innovations.

Kōura's Wealth's bold USD $5 million Bitcoin investment in KiwiSaver has surged to a whopping USD $7.5 million.

Beroe has made a strategic investment in Forestreet, enhancing its AI-driven procurement intelligence with advanced supplier discovery technology. Vel Dhinagaravel joins Forestreet's board.

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.

SAS and The Kids Cancer Project extend their partnership by three years to enhance childhood cancer research in Australia through advanced analytics, significantly boosting donations and research investments.

Samsara Eco, an Australian enviro-tech firm, has raised AUD $100M in Series A+ funding, led by Temasek and Main Sequence, to scale its plastic recycling capabilities.

Digital incidents have surged by 41% in Australia. PagerDuty's research reveals gaps in automation aggravate financial and operational pressures.

AI-powered automation is revolutionising Australia’s patient care, easing admin burdens, advancing research, and enabling efficient, personalised treatment.

Over 99% of UK businesses were fined for data breaches in the past year, with the average fine hitting GBP £257,982, reveals ISMS.online research.

Forrester's 2024 emerging tech report highlights genAI for visual content and language, TuringBots, and IoT security as top investments with a 2-year benefit horizon.

Melbourne’s The Martech Weekly (TMW) and New York-based Alium partner to disrupt market research, promising enhanced, transparent market intelligence for Martech investments.

For the ninth consecutive year, SAS has been named a Leader in the 2024 Gartner Magic Quadrant for its SAS Viya product, cementing its role in DSML platforms.

Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.

With home ownership out of reach for many, almost 60% of Kiwis see crypto as a more accessible investment than real estate, reflecting global trends.

New IoT Analytics research identifies top tech priorities for 2024-2025, spotlighting cybersecurity, process automation, and IT software, with AI rising to fourth place.