Hi there,

It’s the drumbeat that many companies have been marching to for several years now, and the beat continues this year with digital transformation, in its many iterations, remaining front of mind for many companies.

But, says IDC A/NZ, the direction is changing with the focus for local companies shifting from the technology to the enablers of DX excellence.

In an interview with iStart, IDC this week outlined the key transformations that can help Australian organisations prioritise investment in order to become digital leaders.

In other news this week:

CEOs feeling pessimistic and snubbing AI
Ringing in the year with funding bonanza
The slow journey of open banking
IT’s in-demand skills – and the future of IT work

We also take a look at an accounts payable automation project which showed enterprise software projects don’t have to be a headache – and which has given construction firm Isaac Construction additional visibility, real-time control and complete process audit trails.

Enjoy the read,

Heather Wright
Editor
editor@istart.com.au

INNOVATION

Structured co-innovation, digital KPIs the new DX focus

Local businesses up their partnering for success…

Digital co-innovation, digital KPIs and smarter ecosystems are on the cards for many A/NZ companies, as the focus of DX shifts from the technology to the enablers of DX excellence.

“Up until now a lot of KPIs have been the traditional IT KPIs, and they’re no longer relevant."

[Read more]

ECONOMIC GROWTH

CEO pessimism reaches record high

PwC’s Annual Global CEO Survey 2020 reveals that more than half of all CEOs believe global GDP growth will decline…

Come back 2018, all is forgiven. It may have been the year of Logan Paul and the Tide Pod challenge, but those disasters aside, it was also a moment of record breaking optimism.

“Domestic matters are seen as the greatest threats to growth.”

[Read more]

STARTUP FUNDING

Golden start to year as local companies win big in investment

New year, new funding: US$40m here, NZ$14m there, $7m over there…

From mobile software to edtech, digital assistants, smart shopping trolleys and neobanks, Kiwi and Australian companies have been scoring big when it comes to funding this month.

“We have the right technology.”

[Read more]

OPEN BANKING

What’s behind Australasia’s open banking delays?

And is it time for a New Zealand Consumer Data Right?…

Open banking promises everything from greater efficiency to exponential innovation.

“The pace of progress will be too slow … and may cause considerable cost and barriers for third parties.”

[Read more]

TECH ROLES

The most in demand IT skills

Spoiler alert: It’s not AI or blockchain…

If you’re considering brushing off that CV, or just upskilling, take note: The ‘sexiest’ trends may not offer the best job options.

There’s a preference to have permanent employees, rather than contractors, as companies look to hold on to IP and build a strong team culture.

[Read more]

BUSINESS INSIGHT

When reputation matters, Accounts Payable Automation is the answer

If you have a clear idea of what needs to be done, an enterprise software project doesn’t have to be a headache…

Christchurch-based Isaac Construction has earned a reputation for excellence by making sure everything it does is at the highest possible level of quality.

When you get the right people in at the start and have a clear idea of what needs to be done, an enterprise software project doesn’t have to be a headache.

[Read more]
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