Spectrum Message Services Acquired By Jersey Telecom (JT Group)
Tech Business News » Business
by Matthew Giannelis
2M ago
Jersey Telecom (JT Group) has strategically acquired Spectrum Message Services, an Australian company renowned for its pioneering MoneyGuard platform, signaling a proactive response to the changing dynamics of mobile communications and security, particularly in combating financial fraud. Based in the British Channel Islands, the JT Group provides a comprehensive suite of communication services and solutions. Jersey, within the Channel Islands, has been recognised globally as a pivotal hub for technological innovation. The landmark deal not only signifies JT Group’s commitment to enhancing its ..read more
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Google Business Profiles to Replace Websites: Transition Begins March 1, 2024
Tech Business News » Business
by Matthew Giannelis
2M ago
Google, the tech giant known for its innovative solutions, has announced a significant change regarding its platform. Starting from March 1, 2024, Google Business Profiles will undergo a transformation that will directly impact businesses using the platform for their online presence. For businesses that have leveraged Google’s feature to create websites using information sourced from their Business Profiles, a transition period is set to begin. This shift marks the phasing out of websites created through Google Business Profiles, with visitors to these sites automatically redirected to the cor ..read more
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SMBs Consider Investments For Growth in 2024
Tech Business News » Business
by Editorial Desk
3M ago
Today, Commonwealth Bank of Australia (CBA) unveiled new research in collaboration with YouGov, shedding light on the innovative strategies employed by small and medium-sized enterprises (SMEs) to tackle market challenges. The research coincides with positive trading insights from CBA data, showcasing a 5.4% increase in earnings for SMBs during the second quarter of FY24 compared to the previous quarter. Rebecca Warren, Executive Group Manager of Small Business Banking at CBA, says the resilience of SME owners amidst inflation, rising interest rates, and workforce hurdles,. “Despite the challe ..read more
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$17M AI Adopt Program To Support Australian Businesses
Tech Business News » Business
by Editorial Desk
4M ago
The Minister for Industry and Science, Hon Ed Husic MP and the AIIA CEO Simon Bush jointly launched the Responsible Artificial Intelligence (AI) Adopt Program today. The Program is a much-needed initiative, considering Australia is the second last of the 13 countries assessed in deploying and exploring AI, according to the 2022 IBM Global AI Adoption Index. The network of centres will showcase the innovative capabilities that AI can unlock, provide guidance on how to adopt AI responsibly and efficiently and provide specialist training to help the businesses develop specific skills to effective ..read more
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Versent Reaches Agreement With Telstra To Acquire 100% Of The Business For $267.5 Million
Tech Business News » Business
by Matthew Giannelis
7M ago
Telstra’s acquisition of Versent will help it scale its Telstra Purple tech services business and will enable the acceleration of Versent’s considerable growth opportunities in Australia and internationally Versent specialise in both Modern Build and Modern Run for cloud-native applications, data-streams, platforms and services to government and enterprise clients across Australia, the Asia Pacific and the United States. Paul Migliorini, CEO of Versent, said, “Versent was founded on a belief that the way technology services were delivered needed to fundamentally change. “One principle has gove ..read more
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Big Business Adopting Small Business Mentality To Cut Costs
Tech Business News » Business
by Austech Media
11M ago
With businesses under pressure to increase productivity, cut costs and drive growth in the face of economic challenges, many are adopting a ‘small business’ mindset to survive and thrive. According to Chris Butt, cofounder and global CEO of the Figari Group, office scalability and flexibility is now the core focus of many businesses wanting to achieve efficiencies, grow sales and increase profitability. The Figari Group is one of the world’s leading providers of premium flexible managed office solutions with sites in many countries including Australia. The Figari Group launched its first premi ..read more
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Five Key Ways To Cut Your Business Expenses By Up To 70 Percent
Tech Business News » Business
by Austech Media
11M ago
As inflation and interest rates persistently affect the spending patterns of Australian consumers, businesses nationwide are experiencing the consequences as shoppers become more cautious with their finances. Jenny Folley, a renowned business commentator and the founder/CEO of @WORKSPACES, emphasises the pressing need for businesses to act swiftly and recognise the significance of reducing operating expenses to prepare for the upcoming period. Folley stressed the availability of crucial cost-cutting measures that businesses can adopt, such as transitioning from expensive fixed lease locations ..read more
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Australia’s First Social Media Platform for Business Owners & Entrepreneurs
Tech Business News » Business
by Matthew Giannelis
1y ago
Boa, a new social media platform designed specifically for business owners and entrepreneurs has been launched, with the aim of democratising the ability to leverage a powerful network and enable people to tap into the power of the collective. Created by the team behind Australia’s leading members-only community for business owners, Club of United Business (CUB), Boa brings together the best aspects of Twitter, Reddit and LinkedIn to form a powerful media and networking platform for business owners. Boa CEO, Daniel Hakim, said, “We wanted to create a community where business own ..read more
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ACS Warns Against Automatic Business Approvals
Tech Business News » Business
by Editorial Desk
1y ago
ACS has called for prioritising IT workers’ visas while rejecting automatic approvals for employers in its submission to the Federal Government’s skilled migration review. In ‘A Migration System for Australia’s future’, ACS flagged the importance of skilled migration to Australia’s economy and society while recommending a revamped system that targets specific skill areas. Australia’s IT sector is particularly dependent on skilled migration as the nation looks to fill 1.2 million technology jobs by 2027, according to ACS’ 2022 Digital Pulse report. “In the short term, IT professionals ..read more
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CSIRO launches new tool to help Australian businesses connect with the research sector
Tech Business News » Business
by Editorial Desk
1y ago
CSIRO, Australia’s national science agency, has introduced a new collaboration tool (CTR) to help businesses connect with the research sector. The CRL (Collaboration Readiness Levels)  tool will help small to medium sized businesses (SMEs) determine the best way for them to engage and collaborate with publicly funded research organisations. The CSIRO’s new tool will help businesses understand their readiness level to engage with R&D and links each level with suggested steps to progress activities beneficial to the company. Five different levels of readiness are: 1. Considering 2. Net ..read more
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