News, views and analysis from AU’s tech sector
No Images? Click here
Hi there,
They say that fortune favours the brave, and AI, machine learning, IoT, chatbots (etc, etc) are all meant to improve business performance, providing a point of differentiation from your competitors and driving efficiencies.
That’s the theory at least. But true innovation is a big, scary journey for many companies, and new research from Accenture shows it may also not be contributing back as much as those investing expect. The report shows that while spend is growing fast, return on investment is declining and, contrary to popular thinking, many of those investing big in such technology are in fact underperforming against their industry peers.
Some, however, are reaping the rewards and it is these that provide a guide for how other companies (such as yours) can get a better return on technical innovation.
In other news this week:
- Controversial encryption laws go on the beat
- Just how many AI jobs does Australia have?
- AU stalls on corruption index
- Global restructure as SAP pushes cloud
- Fact-checkers abandon Facebook, reveal inner workings
And with data & analytics a key focus for many, we’ve got a webinar on Feb 27 exploring the theme of building trust into your business data. Register now.
Enjoy the read,
Heather Wright
Editor
editor@istart.com.au
Technology innovation spend up, ROI down
It’s not how much you spend, but what you spend it on...
The majority of companies spending up big on innovation aren’t seeing a return on their technology investments according to new research from Accenture.
“There’s a gap between what technology innovation allows companies to do and what they actually do.”
Aussie police and national security embracing anti-encryption laws
Training steps up for police...
Police will be getting to grips with their new encryption powers this month, as training in the laws – which have already been used by some agencies – ramps up.
“Law enforcement and national security agencies have used the powers in the Act.”
Advertisement
Is it time to jump on the AI bandwagon?
Analysis highlights AI situations vacant...
AI might be a headline grabber and ‘the next big thing’, but the job openings, while no doubt picking up, might not be quite as prolific as we’ve been led to believe.
“236 AI jobs were up for grabs in Australia.”
[Read more]
AU stalls on global corruption index, NZ loses top spot
AU and NZ find themselves in troubling trend as high anti-corruption scores are replaced with decline...
According to the Transparency International’s newly-published Corruption Perceptions Index, the Asia Pacific region is making “little progress in the fight against corruption.”
“The Asia Pacific region is making little progress in the fight against corruption.”
Advertisement
SAP restructures, aims for the clouds
4,400 employees may be affected...
SAP has announced plans to triple its cloud earnings by 2023. The company also announced a restructure that is set to kick off in the first half of 2019.
“We’re optimising our workforce to actually increase the growth of the company.”
Snopes quits $100K Facebook fact checking partnership
Could we end up with Fakebook?...
Snopes has quit Facebook’s fact checking initiative as ex-staff claim Facebook ignored their concerns and the partnership has been unsuccessful in combating misinformation.
“We estimate that anywhere between 30,000 and 40,000 links to false content, possibly many more, have been flagged.”
[Read more]
This week's sponsor:
Upcoming events:
> Gartner Data & Analytics Summit | Feb 18-19 | Sydney
> Building Trust into your Data | Feb 27 | At your desk
> Innovate Expo 2019 | Mar 7 | Melbourne
> Digital Disruption X 2019 | Mar 26-27 | Sydney
> Police technology forum | Mar 27-28 | Canberra
> The ethics of data science conference | Mar 27-29 | Sydney
More events
iStart is proudly supported by these leading Australian software providers:
Latest Buyer's Guides
ERP Buyer's Guide | CRM Buyer's Guide | HR/HCM Buyer's Guide | BI & Analytics Buyer's Guide
Privacy statement: We have sent this weekly eNewsletter to you at your e-mail address: [email address suppressed]. iStart will never share your e-mail address, but you may from time to time receive other event invitations or partner communications from us. You can opt out of these by managing your subscription preferences, where you can also update your e-mail address and other details.
Find out more about iStart | Advertise with iStart | Subscribe
Please support independent journalism!
Here at iStart we are passionate about independent fact-based journalism.
If you feel the same way, and like what we do, then we welcome your support through crowdfunding platform PressPatron.
 |  |  |
Phone: 1800 462 388 or Email: subscriptions@istart.com.au