NewsBite

Enterprise IT

May

TechnologyOne CEO Ed Chung

TechnologyOne targets more government work after profit beat

The Brisbane-based software giant will pay a record interim dividend after reporting strong revenue growth, especially in the UK market.

You need a commitment bordering on obsession to set up a successful business, says David Dicker.

Dicker steps down after four decades at the helm of his eponymous firm

The technology veteran will step down as the chief executive and chairman of the ASX-listed IT distributor.

Mike Cannon-Brookes co-founded Atlassian and is now the company’s chief executive. He has pointed to the success of artificial intelligence features.

Atlassian’s AI plans fail to stop $15b value plunge

CEO Mike Cannon-Brookes has failed to convince investors on making its AI assistant free as they shaved billions of dollars off his wealth on Friday.

April

CISO Lens director David Cullen says AI cyber protection software is still only of limited value in the fight against hackers.

How hackers are using AI to trick their way through cyber defences

The jury is still out on whether these new tools are more helpful to hackers or cybersecurity professionals. The tech has led to an era of deepfakes and suspicion.

Ramsay Health CEO Natalie Davis says digitisation and AI are a big part of the hospital operator’s plans.

Ramsay Healthcare chief says the age of AI care is coming

The CEO of Australia’s biggest private hospital operator has flagged greater AI adoption as a way to help improve services.

Advertisement
NextDC chief executive Craig Scroggie says reports of reduced investment in data centre capacity are not borne out it his company’s books.

Microsoft pull-back casts doubts on local data centre boom

The CEO of data centre operator NextDC hoses down suggestions the sector is in for a correction but analysts warn of ‘AI fatigue’ across businesses.

March

SAP chief executive Christian Klein is concerned about the geopolitical climate, as his company makes progress in the AI era.

‘No winners’: CEO of software giant SAP urges end to Trump tariff war

The head of the group, which lists clients such as Coles, Woolworths and Woodside, says all countries and businesses will lose if the trade war continues.

Oracle denies being breached by a hacker, but hundreds of Australian clients are on alert after being named.

Hacker claims Oracle breach, sending business and agencies scrambling

Australia’s biggest companies rushed to check their systems after a hacker claimed to have stolen important credentials via tech giant Oracle.

February

Andrew Bragg just loves Christmas.

Tech visa lobby foots bill for Andrew Bragg’s Christmas bash

It’s less glamorous than the Hemmes-sponsored party of 2023, but at least anyone interested in skilled migration or international student caps was happy.

ASX’s Helen Lofthouse has described the December outage as highly irregular.

ASIC launches investigation into ASX’s December settlement failure

The corporate regulator is already suing the market operator for misfires in its ageing infrastructure platform. The new probe could lead to a second lawsuit.

January

Atlassian chief executive Mike Cannon-Brookes recorded a video on the company’s Loom platform to accompany his results’ presentation.

Atlassian rockets to three-year high after earnings surprise

Mike Cannon-Brookes says the company has had some “massive customer wins”, sending its shares soaring almost 20 per cent on Friday.

September 2024

Why these tech companies’ M&A plans have stalled

It’s a tough environment for tech companies wanting to buy assets and grow. The disconnect between public and private markets is making it worse.

Westpac’s reins will be handed to business banking boss Anthony Miller in December.

Westpac’s accidental CEO hands successor a potential booby trap

Outgoing boss Peter King has been impressive turning the bank around after a scandal. But his replacement Anthony Miller has one tricky repair job to execute.

Robin Khuda’s is an incredible story of success, but he’s not done yet.

How Blackstone and AirTrunk plan to build a $100b business

The deal of the year? That’s old news for Robin Khuda, who is already thinking much bigger. It’s music to the ears of his new deep-pocketed backer.

August 2024

Nvidia’s rivals are trying to take AI market share.

Chip challengers try to break Nvidia’s grip on AI

Cerebras, d-Matrix and Groq are among a group of smaller companies aiming to take a slice of the multibillion-dollar artificial intelligence hardware market.

Advertisement
In January 2021, our report on the Voice’s design and potential models was released for public comment.

The $340m government IT disaster no one cared about

The idea was simple enough: one back-office system to better co-ordinate all government departments. A decade later, the plan has been abandoned at big public expense.

Atlassian founders $3.8b poorer as market punishes revenue miss

Slowing revenue growth has dampened Scott Farquhar’s final showing as co-CEO of Atlassian.

July 2024

Tech meltdown revealed a fundamental flaw in plain sight

The global CrowdStrike breakdown revealed just how much of the global IT system is built on inherently unsafe code.

Google planned to make Wiz a key part of its fight against Microsoft and Amazon Web Services.

Google’s biggest acquisition falls over as $35b offer rejected

Cybersecurity firm Wiz has turned down a mammoth takeover bid from Google’s parent company, Alphabet, sticking with an IPO plan.

CrowdStrike shares are down, but its long-term prospects look fine, according to investment experts.

Why investors see an opportunity in CrowdStrike shares

Australian stock pickers say a plunge in CrowdStrike’s shares after it caused a global outage represents a buying opportunity, with slim cyber pickings on the ASX.

Original URL: https://www.afr.com/topic/enterprise-it-hw5