CFOtech Asia logo
Technology news for Asia's CFOs and financial decision-makers

GlobalData news stories - Page 2

Story image
Cloud Services
Major tech firms benefit from strong demand for cloud computing solutions - study
"These companies have been agile in rolling out new operational and strategic plans to continuously serve customers in new-normal situations."
Story image
Artificial Intelligence
GlobalData: Supply chains and the digital revolution
Companies are leveraging digital technologies in the supply chain to create new disruptive product offerings, services and business models.
Story image
IDC
Research: Wearables market to grow by 137% by 2024
“The pandemic greatly increased the awareness of wearable devices as their use cases increased. This has resulted in an increase in device innovation as more companies race to develop new ways to cash in and help limit the spread of the virus.”
Story image
SD-WAN
Revealed: Why SD-WAN is thriving in Australia
New reports have found one in three Australian IT enterprises are considering implementing the technology within the next 12 months.
Story image
IT Spending
COVID-19 continues to wreak havoc on markets as Australian ICT spend plunges
The decline is opposed to the 9.4% growth initially forecasted before the COVID-19 outbreak.
Story image
IT Spending
NZ enterprise ICT spending to drop 6.3%, says GlobalData
Almost all products/solutions categories are expected to witness reduced demand in 2020, as compared to the high growth projections before the outbreak.
Story image
Cloud
Cybersecurity spending slumps - but swift recovery expected
New research from GlobalData found that the industry will recover after this initial slump to be worth almost US$238 billion by 2030.
Story image
ICT
Malaysian enterprises must be prepared for a post COVID-19 world
"Moving forward, Malaysian enterprises will need to adopt new technology, restructure their business and workforce and undertake a transformation of their digital infrastructure, all of which will be essential for the recovery of the ICT market of Malaysia.”
Story image
CompTIA
No end to economic woes in sight for struggling IT vendors - report
New research from GlobalData has revealed the extent to which IT vendors have wrestled with layoffs, pay cuts and furloughs - and more pain is on the horizon, according to the company.
Story image
Robotic Process Automation / RPA
Robotic process automation set to skyrocket in APAC
“To enhance operational efficiency, enterprises are leveraging robotic process automation to automate their processes such as payroll processing, customer support, new employee onboarding, order processing, SMS and email monitoring, and CRM updates,”
Story image
Artificial Intelligence
Ranked: The top 10 emerging technologies in 2020
CompTIA has unveiled its annual list of emerging technologies ranked by the ability to generate new business and revenues.
Story image
Artificial Intelligence
APAC will be the 'epicentre' of global AI development - report
All across the region, governments have unveiled policies to bolster AI development, while organisations harness it to streamline processes and enhance productivity.
Story image
Amazon Web Services / AWS
Cloud-based products 'outshining' traditional IT offerings in APAC
“Key verticals like banking and financial, healthcare and manufacturing sectors are witnessing a surge in demand for cloud computing-based solutions, owing to features like remote data storage capabilities and provisioning of privileges for hosted applications.”
Story image
Digital Transformation
Repurposing product offerings for business continuity and DX vital for APAC tech vendors
Asia Pacific technology vendors must repurpose their product offerings for business continuity and digital transformation if they want a fast recovery from the COVID-19 crisis.
Story image
Facebook
Global technology industry deals total $34.4bn in April 2020
The Asia Pacific region led activity in terms of value with deals worth $26.56bn.
Story image
Gaming
Sony's gaming and music struggles see sentiment take a nosedive
Sentiment towards Sony has taken a nosedive during the first quarter of 2020, with ongoing struggles in its music and gaming behind the decline. 
Story image
Enterprise
Alternative reality growing in popularity with enterprise customers
Alternative reality is set to become more popular with enterprise customers as immersive technologies open up more opportunities for businesses.
Story image
5G
Operators must secure spectrum to revive 5G rollouts in 2020 - report
New research from a recently released report from GlobalData suggests that the delay of spectrum allocations and auctions due to health and financial concerns is more directly linked to the slowdown in operators’ rollout plans than previously thought.
Story image
Ransomware
Shadow of ransomware looms over healthcare sector
“Hackers will continue to target vulnerable systems as long as there are profits to be made: from selling the stolen patient’s data to holding the healthcare systems hostage until the criminals’ demands are met.”
Story image
Digital Transformation
Digital transformation crucial to enterprises for operational resilience amid COVID-19 crisis
"At this point, where it is critical for enterprises to rapidly respond and remain sustainable, digital transformation has emerged to be the silver lining."
Story image
Artificial Intelligence
COVID-19 will accelerate widespread adoption of robots - report
"Autonomous robots are playing a vital role in supporting essential businesses and their workers during this health crisis."
Story image
Edge Computing
Edge computing market to explode in APAC despite pandemic woes
By the mid-2020s, the market for edge computing will reach US$5.8 billion in the Asia Pacific (APAC) region alone, where the industry is seeing significant interest and a potential surge in revenue.
Story image
GlobalData
COVID-19: 92% of top 25 tech companies report market capitalisation decline
23 of the top 25 tech companies have reported a major quarter-on-quarter decline in market capitalisation for Q1 2020, according to new research.
Story image
Internet of Things
Increased digital adoption is silver lining for vendors during pandemic
“During this period, vendors should leverage government framework and policies along with inorganic/organic growth strategies to create a digitised environment and develop digital capabilities."