Smart-home security provider Ring has released its first “Love Your Home” report, revealing what’s driving interest in smart doorbells and security cameras and offering a glimpse into the memories, passions and objects that Aussies want to protect most from theft or damage. Aussie homes are full of irreplaceable items so it’s not surprising that over half (52%) are set to be protected by smart-security devices in the next 12 months. The new research reveals the weird and wonderful objects Aussies most want to protect, Aussies top benefits of home-security and what the nation wants to see from the industry in the future.
Australians are demanding more on corporate sustainability from businesses, but not all leaders are confident in the ability of their people to make the right call, instead putting their faith in bots to make decisions in key areas, according to a new study “No Planet B” by Oracle and Pamela Rucker, CIO Advisor and Instructor for Harvard Professional Development. The full No Planet B Global Study of over 11,000 consumers and business leaders across 15 countries, including 1,000 from Australia, found that most people are fed up with the lack of progress society is making towards sustainability and social initiatives, want businesses to turn talk into action, and believe tech can help businesses succeed where people have failed.
OptiPay has revealed a two fold increase in enquiries in the number of businesses requesting invoice financing. Invoice Financing is a revolving Line of Credit against unpaid invoices, to improve business cash flow, after the ATO announced it was resuming tax debt collections. Optipay, formerly TIM Finance, a major player in the industry, has seen numbers spike since the news last February. Angus Sedgwick CEO at Optipay says they are seeing the biggest interest coming from manufacturing and wholesale trade industries, as invoices are still taking on average 15-20 days past the due date to be paid, compounding cash flow issues.
The latest Roy Morgan research into Australians’ investments shows 5%, or over 1 million Australians aged 18+, now own at least one cryptocurrency. Leading cryptocurrencies include the well-known Bitcoin and Ethereum as well as more niche names such as Ripple, Cardano, Dogecoin, Shiba Inu, Solana, Binance Coin, Litecoin, Cronos, Polygon and many more. Interestingly over two-thirds, or around 742,000 (69%), of Australian cryptocurrency investors are men compared to only 332,000 (31%) who are women indicating there is a significant gender difference on investments in cryptocurrency.
Venture capital AUM in China increases by over a third since December 2020. Greater China’s private equity and venture capital (PEVC) industry continues to expand and present policy-aware investors with opportunities, according to the Preqin Territory Guide: Greater China 2022 published by Preqin, the global leader in alternative assets data, tools and insights.
Tata Consultancy Services (TCS) has launched its inaugural 'The Digital Sustainability Index (DSI)'. The first APAC framework and index has been developed in partnership with The Centre of Digital Enterprise (CODE) at the University of Auckland Business School to track the adoption and leverage of digital tech along with their social and environmental objectives.
Companies rethinking their operations and almost every aspect of their business due to the pandemic is not new. What is noteworthy is seeing how businesses are leveraging lessons learned to innovate and improve their operations to meet customer and employee demands. In a new white paper published this week with Boston Consulting Group, Verizon Business CEO, Tami Erwin, and Verizon Business CRO, Sampath Sowmyanarayan, break down how something as simple as altering the way meetings are conducted can impact productivity, while providing insight, tips, and best practices from an extensive in-house experiment.
BDO and AusCERT say the gov'ts tech investment boost is a good first step to heighten the resilience of businesses. However, there is a need for guidance to avoid another ‘pink batts’ fiasco. The issue of questionable ‘pop-up’ providers is a reality, say the industry experts. As part of the 2022–23 Budget, the Australian Gov't announced it will support SMBs via the Small Business Technology Investment Boost and Small Business Skills and Training Boost.
As the fashion resale market grows worldwide, Australia looks to be following the trend, with the concept of circular fashion continuing to gain traction nationwide. Delving into the environmental impacts of the fashion industry, our Reluv-first, Fashion Resale Report analyses the rise of sustainable and circular fashion in Australia, backed by research. Responsible for $527.5 million in revenue from clothing resale, Australia’s well established charity sector spans over 3000 op shop stores across the nation’s capital cities.
Trellix, a cybersecurity firm delivering the future of extended detection, released a global Cyber Readiness Report gauging tech adoption and perceptions of gov't cybersecurity leadership related to standards and the cooperation between the public and private sectors. 89% of respondents from India, Australia and Japan believe gov't-led initiatives can play a vital role in improving their nations’ protection against cyber threats. Respondents from these countries see opportunities for improvement in their partnerships with gov't in areas such as cyber defense coordination, threat information sharing and software supply chain integrity.