CFOtech Asia - Technology news for CFOs & financial decision-makers

IT Industry stories - Page 2

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Australia leads global deal growth in tech & marketing sectors

Last month
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Australia leads global growth in tech and marketing deals, rising 3% amid falling activity in the US and Europe due to AI adoption and private equity interest.
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Redundancy in tech: understanding your visa options

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Amid mass BigTech layoffs, UK tech workers on Skilled Worker visas face uncertainty over visa status and must explore options to secure their future.
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Small businesses are unsubscribing from their MarTech stack - And I don’t blame them

Last month
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Small businesses are cutting back on costly martech subscriptions, favouring simpler, local Australian software that better fits their needs and budgets.
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AI-Powered cloud optimisation: How enterprises can reduce cloud spend by 20-35% using intelligent automation

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Enterprises can slash cloud costs by 20-35% using AI-driven automation to cut waste, rightsize resources, and optimise cloud spend efficiently.
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Australian tech sector seeks talent with diverse backgrounds & skills

Last month
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Australian tech firms face a huge talent gap, seeking diverse hires with transferable skills to fill 1.2 million roles by 2030 amidst fierce competition.
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The increasing role of channel partners for optimising hyperscale investments

Last month
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UK CTOs and CIOs increasingly rely on channel partners to optimise hyperscale cloud investments once initial provider incentives end.
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UK tech sector wastes GBP £3.06 billion in idle IT skills yearly

Last month
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UK tech consultancies waste GBP £3.06 billion annually on idle IT skills despite widespread talent shortages affecting 81% of businesses.
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Pax8 integrates Microsoft Marketplace & launches MSP growth plan

Last month
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Pax8 integrates Microsoft Marketplace and launches OneCloud Guided Growth to help MSPs expand Microsoft Cloud services and boost revenue potential.
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UK enterprises spend GBP £320 billion on AI but half fail to deliver

Last month
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UK enterprises spend over GBP £320 billion on AI annually, yet half of projects fail to meet expectations, with concerns over value and consultancy returns.
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Sustainability within the tech industry

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Over 60% of UK tech firms plan to boost sustainability budgets by 10.5% in 2025, embedding environmental responsibility into everyday business.
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UK invests GBP £21 million to embed CHERI hardware security in tech

Last month
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The UK government invests GBP £21 million to embed CHERI hardware security, aiming to prevent 70% of common cyberattacks across critical sectors.
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UK firms fear AI data non-compliance amid new regulatory risks

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Over half of UK firms are unsure if their AI-generated data meets regulations, risking heavy fines amid growing data and compliance challenges.
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UK tech retail grows 5.4% but trails behind European rivals

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UK tech retail sales rose 5.4% in Q3 2025, outpacing national retail growth but lagging behind Europe's 21% surge in the sector.
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Queensland tech workforce set to double, adding 200,000 jobs by 2035

Last month
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Queensland's tech workforce is set to double by 2035, adding 200,000 jobs and boosting its AUD $15 billion contribution to the economy.
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Softsource acquires Network Edge to expand NZ ICT services

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Softsource has expanded its New Zealand ICT footprint by acquiring Network Edge, boosting its services and presence across all major metropolitan centres.
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Gold Coast AI startup Zeligate secures DNX Ventures backing

Last month
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Gold Coast AI startup Zeligate secures seed funding from DNX Ventures, marking the firm's first investment in Australia to boost its AI workforce platform.
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Sarah Armstrong Smith to deliver keynotes on cyber resilience

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Cybersecurity expert Sarah Armstrong Smith will deliver keynotes worldwide, sharing crisis insights to boost business resilience and innovation from 2025.
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SIAM Body of Knowledge refresh brings AI, skills & guidance

Last month
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The 2025 refresh of the global SIAM Body of Knowledge adds AI, skills, and guidance to help organisations manage complex, multi-vendor service ecosystems effectively.
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Lancom backs Whānau Day 2025 to inspire Auckland youth in tech

Wed, 29th Oct 2025
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Lancom Technology backs Whānau Day 2025 in Auckland to inspire over 1,000 youths and families towards careers in the tech sector through hands-on activities and talks.
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Trustmarque & Ultima merge to create UK IT giant with GBP £1bn

Fri, 24th Oct 2025
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Trustmarque and Ultima are merging to form a UK IT giant with GBP £1bn revenue, combining expertise in cloud, cybersecurity, and digital innovation.