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Technology news for Kiwi CFOs and financial decision-makers

Growth news stories

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Cloud
TradeWindow using Nintex platform amid global expansion
TradeWindow is using Nintex Promapp to support its recent expansion and to prepare for ambitious international growth.
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Training
Dell Technologies reveals growth of Student TechCrew in A/NZ
Dell Student TechCrew is an initiative designed to promote future career skills through Dell’s technical certification program and hands-on experience.
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SaaS
Commvault's SaaS division experiences notable growth
Commvault has revealed the global momentum that its SaaS division Metallic has experienced since its launch two years ago.
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Denodo
Video: 10 Minute IT Jams - An update from Denodo
We last spoke with Denodo in 2020 about the company's growth in the data virtualisation space. Today we discuss the evolution of data maturity and other new updates from the company.
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Planning
How AI and ML can help significantly enhance enterprise planning
AI and ML can take much of the hassle out of these often overwhelming business processes, and Jedox's AIssisted planning solution has proven on all fronts to be a notable example of this technology.
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Privileged Access Management / PAM
Delinea sees strong financial results for first quarter 2022
Delinea has announced strong results for the Q1 2022 financial quarter, with annual recurring revenue (ARR) growth exceeding 35%.
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Cloud
Microsoft NZ announces initiative for local SaaS businesses
Microsoft has announced a new initiative, bringing together all of its tools to help local SaaS businesses build, sell and grow their companies at scale.
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Sustainability
Aligned Data Centers increases sustainability-linked loan
Aligned Data Centers has increased its sustainability-linked loan from $375 million to $1.75 billion to speed up the next phase of its strategic growth.
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Cloud
Syfe enters Hong Kong with digital investment platform
Syfe has announced its entry into Hong Kong, marking the company's first market expansion since its launch in 2019.
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Safety
Voxel hits total funding of $18M following ongoing wins
Since raising its seed round in September, Voxel has grown at pace, by decreasing on-site injuries by upwards of 80% and increasing operational productivity.
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Artificial Intelligence
Clear Dynamics closes $35M funding round, invests in global growth
The funding is a major milestone and speaks to Clear Dynamics’ vision for AI-enabled ‘composable’ enterprise software, the company states.
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IT budget
$20m boost for digital technologies announced
The government is spending an extra $20m over four years on its plan to transform the digital technologies industry.
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Cloud
Fortinet sees 34% revenue increase in latest financial results
Fortinet has released its financial results for the first quarter ended March 31, 2022, seeing a total revenue increase of 34.4% compared to the same quarter last year.
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Climate change
Record growth for NZ startups as conscious investment trend emerges
New Zealand has a reputation for efficiency and innovation, and has strong potential to be a leader in climate tech.
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Amazon Web Services / AWS
AWS granted OIO consent for billion dollar NZ Region project
AWS has announced that the Overseas Investment Office (OIO) has granted consent for the advancement of the new billion-dollar AWS Asia Pacific (Auckland) Region project.
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Cloud
Infosys delivers highest annual growth in a decade - $16.3 billion
Next-generation digital services and consulting company Infosys has delivered $16.3 billion in revenue. The highest annual growth in the last decade.
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Artificial Intelligence
Fast Company names #1 most innovative company in video
Jellysmack, a global creator company, has been named in Fast Company's annual list of the World's Most Innovative Companies for 2022. 
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Cloud
Accenture report highlights the importance of government cloud strategy
A recent IDC estimate pegged spending on public cloud by governments in APAC (including China and Japan) at US$12.6 billion in 2025, growing by a CAGR of 20.3% between 2020-25.
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SaaS
Databricks grew from 600 to 3000 employees, reduced IT overhead
Productiv SaaS Intelligence platform helps companies automate manual processes for license deprovisioning and license tier downgrades. 
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PC shipments
PC shipments have slowed, but overall demand remains strong
Shipments of traditional PCs, including desktops, notebooks, and workstations, declined 5.1% in the first quarter of 2022, but exceeded earlier forecasts.
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Cloud
IDC quarterly report names Fortinet as top company in Australia
IDC has named Fortinet as the number one ranking company for 2021 in Australia in terms of security appliance units shipped, fastest growth speed, and market share.
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Cloud
Neo4j achieves record growth in Asia Pacific region
Neo4j, the graph data platform, has announced the company has experienced more than 100% growth across Asia Pacific over the past year.
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Cloud
SonicWall reports record year for products and channel engagement
SonicWall has reported its best year on record, attributing the success to its new range of products, customer focus and successful channel engagement.
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Privileged Access Management / PAM
Fastly acquires Fanout for real-time edge app development
Fastly has announced its acquisition of Fanout as part of its growth strategy to identify and utilise technologies and talent that increase performance, security and innovation for customers.