APAC stories - Page 13

Goldman Sachs is at the forefront of an AI revolution in banking, with a new report revealing 167 AI applications across global banks, shifting industry norms.

A survey by eflow Global reveals 64% of finance executives see technology-driven risks, especially AI, as key compliance challenges for 2024.

Hewlett Packard Enterprise has launched its first NVIDIA GB200 NVL72 system, designed to enhance large AI cluster deployment with advanced cooling technologies.

SAP has launched its Business Data Cloud alongside Databricks, aiming to unify enterprise data to enhance decision-making and accelerate AI initiatives.

Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.

Forrester's report highlights that by 2025, 60% of APAC firms will adopt AI language models, with a shift towards private cloud strategies in Greater China.

Alexandra Chiaramonti has been appointed Managing Director of GoCardless's international operations to drive global growth, particularly in APAC regions.

Nokia and NTT DATA have enhanced their global partnership to drive Private 5G deployment, transforming cities like Brownsville into connected tech hubs.

TeamViewer's latest research reveals that 33% of businesses with top-tier tech connectivity report industry-leading financial performance, compared to 16% with good connectivity.

Deepfake threats are on the rise, with 47% of firms encountering attacks; 75% are employing biometric defences, while 62% fear current measures are inadequate.

The edge data centre market will soar to USD $317 billion by 2026, fuelled by the rise of IoT and generative AI, marking a 107% growth.

Driven by IoT and generative AI, the global edge data centre market is set to surge to USD $317 billion by 2026, up 107% from 2020.

Freshworks' Global AI Workplace Report reveals that 55% of employees globally are using AI tools, with 70% in APAC region using AI weekly.

BlackBerry's Q1 2024 report reveals unprecedented cyber threats, detecting 3.1 million attacks and a 40% rise in new malware, spotlighting surging global cybersecurity tensions.

Endava has expanded its partnership with Google Cloud to offer tailored AI, cloud modernisation, and app migration services across Australia, New Zealand, and Southeast Asia.

AutoStore is set to double its production capacity with a new factory in Thailand, aiming to serve APAC markets more effectively by manufacturing 15,000 robots in 18 months.

Channel Factory Australia promotes Georgina Gellert to Director of Marketing and People Strategy for ANZ, enhancing leadership with her 13 years of ad tech expertise.

Mike East, VP of International Sales at Cado Security, leads the charge in revolutionising cloud-based digital forensics with AI and automation to combat cyber threats.

Generative AI (GenAI) investments in the Asia-Pacific are projected to accelerate at a staggering rate of 140%, the fastest globally, with spending expected to reach USD $3.4 billion across key nations, according to Infosys Knowledge Institute's research.

Radware's 2024 threat analysis shows a worrying 171% increase in malicious web activity, driven by escalating Layer 7 Web DDoS attacks.