Digital Economy stories - Page 9

India's tier 2 and 3 cities are emerging as vital hubs for the data centre industry, driven by local demand and government support for digital infrastructure.

Bureau has raised USD $30 million in a Series B funding round, aiming to tackle the global fraud crisis, which costs USD $486 billion each year.

Paladin Capital Group's latest report reveals global Safety Tech investment has surged to $6.3 billion, highlighting steady sector growth amid rising digital threats.

Avanade has launched seven new Microsoft-powered AI services to help mid-market organisations in Asia Pacific boost growth and competitiveness.

Donald Trump's election victory has sparked a trading frenzy across Asia-Pacific markets, with volumes on Tiger Trade soaring by up to 96%.

Indosat Ooredoo Hutchison reports a 39.1% rise in profit, reaching IDR 3,878 billion, driven by operational excellence and strategic investments.

Vertiv has promoted Scott Armul to Executive Vice President of Global Portfolio and Business Units, effective 1 January 2025, to lead growth strategies.

HCLTech has reported a 6.8% revenue increase to USD $3.4 billion for Q2, driven by growth in its software business and strong GenAI solutions.

Recorded Future has unveiled new AI-driven tools aimed at providing real-time intelligence to help organisations combat the rising threat of ransomware.

Tata Communications has teamed up with Palo Alto Networks to deliver advanced cybersecurity solutions tailored for global enterprises amid rising cyber threats.

Sify Technologies has deployed Ciena's optical technology to enhance its network capacity to 600G, bolstering connectivity for India's digital landscape.

DigiCert's Quantum Readiness Day highlighted the urgent need for organisations to adopt quantum-safe practices to protect data from future threats.

Playbook Partners secures $130 million in initial fundraising, aims for USD $250 million with green shoe option, to fuel India's tech growth with strategic investments.

Forrester's 2025 Predictions reports forecast AI and tech trends, highlighting AI investment pitfalls and increased AIOps adoption to manage tech debt.

Goodman Group posts a record operating profit of AUD $2,049 million for FY24, a 15% rise. Despite this, a statutory loss of AUD $98.9 million was recorded.

Hexaware Technologies partners with upGrad Enterprise to train 100+ employees in generative AI, aiming to enhance its AI-first strategy and bolster workforce skills.

Markko unveils Markko Labs to empower non-technical marketplace founders with essential resources, reducing financial and technical barriers in the eCommerce sector.

Adobe projects a record-breaking USD $14 billion online spend for Prime Day, driven by significant discounts, mobile shopping, and BNPL services.

Goodman Group names Giles Proctor as VP of Data Centres, leveraging his 25 years of expertise to enhance customer engagement and bolster global infrastructure.

Adobe has named Keith Eadie as the new General Manager for the Asia Pacific region, strengthening efforts to boost customer experience and regional growth.