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

Growth news stories

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Voxel hits total funding of $18M following ongoing wins
Since raising its seed round in September, Voxel has grown at pace, by decreasing on-site injuries by upwards of 80% and increasing operational productivity.
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Artificial Intelligence
Clear Dynamics closes $35M funding round, invests in global growth
The funding is a major milestone and speaks to Clear Dynamics’ vision for AI-enabled ‘composable’ enterprise software, the company states.
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IT budget
$20m boost for digital technologies announced
The government is spending an extra $20m over four years on its plan to transform the digital technologies industry.
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Fortinet sees 34% revenue increase in latest financial results
Fortinet has released its financial results for the first quarter ended March 31, 2022, seeing a total revenue increase of 34.4% compared to the same quarter last year.
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Climate change
Record growth for NZ startups as conscious investment trend emerges
New Zealand has a reputation for efficiency and innovation, and has strong potential to be a leader in climate tech.
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Amazon Web Services / AWS
AWS granted OIO consent for billion dollar NZ Region project
AWS has announced that the Overseas Investment Office (OIO) has granted consent for the advancement of the new billion-dollar AWS Asia Pacific (Auckland) Region project.
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Infosys delivers highest annual growth in a decade - $16.3 billion
Next-generation digital services and consulting company Infosys has delivered $16.3 billion in revenue. The highest annual growth in the last decade.
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Artificial Intelligence
Fast Company names #1 most innovative company in video
Jellysmack, a global creator company, has been named in Fast Company's annual list of the World's Most Innovative Companies for 2022. 
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Accenture report highlights the importance of government cloud strategy
A recent IDC estimate pegged spending on public cloud by governments in APAC (including China and Japan) at US$12.6 billion in 2025, growing by a CAGR of 20.3% between 2020-25.
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Databricks grew from 600 to 3000 employees, reduced IT overhead
Productiv SaaS Intelligence platform helps companies automate manual processes for license deprovisioning and license tier downgrades. 
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PC shipments
PC shipments have slowed, but overall demand remains strong
Shipments of traditional PCs, including desktops, notebooks, and workstations, declined 5.1% in the first quarter of 2022, but exceeded earlier forecasts.
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IDC quarterly report names Fortinet as top company in Australia
IDC has named Fortinet as the number one ranking company for 2021 in Australia in terms of security appliance units shipped, fastest growth speed, and market share.
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Neo4j achieves record growth in Asia Pacific region
Neo4j, the graph data platform, has announced the company has experienced more than 100% growth across Asia Pacific over the past year.
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SonicWall reports record year for products and channel engagement
SonicWall has reported its best year on record, attributing the success to its new range of products, customer focus and successful channel engagement.
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Privileged Access Management / PAM
Fastly acquires Fanout for real-time edge app development
Fastly has announced its acquisition of Fanout as part of its growth strategy to identify and utilise technologies and talent that increase performance, security and innovation for customers.
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Samsung retains top spot over Intel in semiconductor market
Samsung has maintained its position atop the semiconductor industry, while Intel has just held its top spot as the leader in annual revenues.
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Financial transformations accelerate Workday growth
Workday has announced continued momentum for its office of finance solutions which help drive digital finance transformation strategies. 
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Big four branch closures see shift in fintech market for regional businesses
A new report by Zeller has revealed that the majority of regional businesses in Australia have been impacted as a result of branch closures by the big four.
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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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Data Center
SoftIron establishes Singapore presence as part growth plans
"Singapore has quickly become a point of strategic importance for SoftIron, with a growing number of our customers being located there."
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Razer sees 33% year-on-year growth in latest results
Razer has released its full-year results for the financial year ended December 31 2021, seeing 33.3% year-on-year growth driven by pandemic demand.
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Secureworks sees 200% ARR increase, record customer growth
Secureworks has revealed 200% Taegis annual recurring revenue (ARR) growth and record customer growth in its fourth quarter and full fiscal year 2022 results.
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Data management
Cloudera report reveals complexity and velocity of data crucial for determining growth
A new report by Cloudera has revealed that the complexity and velocity of enterprise data is crucial for the growth of Australian organisations as the economy resets for a post-pandemic future.
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IWD 2022: Celebrating achievements of women in the Australian manufacturing industry
The Advanced Manufacturing Growth Centre has highlighted leading female voices who address biases and generalisations when it comes to a career in manufacturing.