Investment Stories - Page 55

Global Stories

Investment stories

Beyond Limits hits $133 million in Series C investment round

Beyond Limits, an AI technology company, has raised $133m to drive global expansion, with investments from Group 42 and bp ventures.

By Catherine Knowles • 3 min read • Fri, 25th Sep 2020

Enterprise Resource Planning

'Cloud sprawl' catches firms out during COVID-19 disruption

Businesses worldwide have increased their IT spend this year due to the COVID-19 pandemic, leading to new concerns around IT budgets and cost control.

By Staff Writer • 3 min read • Mon, 31st Aug 2020

Marketing Technologies

PPRO announces growth over COVID-19 and successful US$50m investment round

PPRO, the local payments platform-as-a-service provider, has announced an 85% volume growth and new investment from Sprints and Citi.

By Catherine Knowles • 3 min read • Tue, 11th Aug 2020

Cloud Services

Stax invests in cloud's silver lining amid economic downturn

Stax, the cloud automation platform, plans global expansion despite the economic downturn, with managing director Mike Middaugh leading the investment strategy.

By Staff Writer • 3 min read • Mon, 10th Aug 2020

Unified Communications

ANZ businesses still investing in AI, despite COVID-19

Despite the COVID-19 pandemic, over 30% of Australian and New Zealand businesses plan to increase budgets for AI in 2020, says IDC report.

By Catherine Knowles • 3 min read • Tue, 21st Jul 2020

Stock Market

Energy sector leads turbulence across global economy

Exxon Mobil – the largest United States oil and gas company – suffered the hardest hit, losing a market cap of US$82.02 billion in the last six months.

By Staff Writer • 2 min read • Mon, 6th Jul 2020

Digital Transformation

Tech Data to invest $750 million in digital transformation initiatives

Tech Data plans to invest USD $750 million in digital transformation over five years, following its acquisition by Apollo Global Management.

By Shannon Williams • 3 min read • Mon, 6th Jul 2020

Stock Market

US oil & energy providers hit by plunging market cap in 1H 2020

As the COVID-19 coronavirus pandemic continues to lead many market sectors into turbulence, the energy sector has not escaped unscathed.

By Staff Writer • 2 min read • Fri, 19th Jun 2020

Unified Communications

Alibaba Cloud commits US$283M to aid partners in joint ventures

Alibaba Cloud plans to invest US$283m to support partners in joint innovations and digitalisation capabilities.

By Catherine Knowles • 3 min read • Thu, 18th Jun 2020

Partner Programmes

Alibaba Cloud to invest US$283 million to accelerate global partner innovation

Alibaba Cloud is investing USD $283 million to speed up global partner innovation, aiming to boost digitalisation and create joint products for diverse sectors.

By Shannon Williams • 3 min read • Wed, 17th Jun 2020

Robotics

Reach for the low-hanging fruit: How achieving a rapid ROI is becoming a leading AI trend

Focusing on returns, rather than adopting AI for its own sake, will drive the emergence of rapid AI ROI throughout the rest of 2020.

By Tim Young • 4 min read • Wed, 10th Jun 2020

Data Science

How to help your data scientists deliver better business value

Data scientists spend just 12% of their time delivering insights, according to IDC. Silos and admin tasks are to blame.

By Steve Singer • 3 min read • Wed, 20th May 2020

Fintech

Razer invests US$50M in business partners impacted by COVID-19

Razer commits USD $50 million to aid business partners hit by COVID-19. The funds will be distributed via Razer Gold, Razer Fintech, and ZVentures.

By Catherine Knowles • 2 min read • Fri, 17th Apr 2020

Hyperscale

AirTrunk sets sights on APAC expansion, backed by fresh investment

Macquarie has acquired an 88% stake in AirTrunk, valuing the hyperscale data center provider at over A$3bn ($2.2bn).

By Catherine Knowles • 3 min read • Thu, 9th Apr 2020

Investment

Revealed: Global trends in technology investment

The US and China see total investment values drop year-on-year, but the UK records a rise in investment into British tech companies.

By Staff Writer • 3 min read • Wed, 18th Mar 2020

DataCentre infrastructure

Data center construction looks towards liquid cooling power

The global data centre construction industry is shifting towards liquid cooling to support AI and big data, aiming for efficiency and reduced emissions.

By Staff Writer • 3 min read • Tue, 10th Mar 2020

Hyperscale

Google Cloud to invest $10b in US presence in 2020

Google will invest more than $10 billion in its United States offices and data centers in 2020, Google CEO Sundar Pinchai declared last week.

By Staff Writer • 3 min read • Tue, 3rd Mar 2020

Stories from Other Regions

Investment stories

Health Technologies

Healthcare IT is in dire need of investment, says NZ Health IT chief

New Zealand's digital health tech needs more investment to support healthcare during the pandemic, says NZ Health IT.

By Staff Writer • 3 min read • Wed, 13th May 2020

Partner Programmes

New investor partnership to unlock $6bn for NZ business

New partnership between Neu Capital and Grant Thornton set to unlock USD $6 billion in funding for New Zealand's medium and small businesses.

By Shannon Williams • 3 min read • Thu, 2nd Apr 2020

Cybersecurity

Singapore security firm Right-Hand scores $1.4m seed funding

Singapore's Right-Hand has secured SGD$1.4 million in seed funding to enhance its SaaS cybersecurity platform, focusing on mitigating human-error risks.