Of all the initiatives that Westpac is undertaking with its Strategic Investment Priorities program, its desktop virtualisation program ranks as highly as its ongoing core banking update in priority.
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Within a handful of APAC countries, the networking giant is banking on the relative maturity of Singapore's IT infrastructure and a strong pool of customers and partners, and India where ICT investment is large.
Still riding on its success and the $35 million investment from Accel, 99designs has been able to use its clout to buy up rival design company LogoChef in Brazil.
Anonymous Operation Last Resort has struck successfully again, leaking crucial files from an investment banking firm allegedly linked to intelligence firm Stratfor.
The imminent launch of taxi booking application Ingogo has received a massive financial boost having secured first round investment funding from a collection of high-profile technology, banking and angel investors, including a Google staffer and MYOB co-founder.
It's almost becoming a daily ritual to see bad news spelling out Research In Motion's doom, whether it be disappointing earnings reports, layoffs, executive departures or just poor BlackBerry product sales in general. Jefferies, a global securities and investment banking group, has eight suggestions that could turn RIM around, but let's give each one a reality check first.
The Commonwealth Bank has flagged a dramatic increase in its investment into core banking modernisation, adding nine months onto the transformation timetable and an additional $370 million of spending.
For those of you who consider the green data center movement a fad, there is a new report out from Pike Research that suggests investment in greener facilities will grow rapidly over the next five years. In fact, Pike predicts that so-called green data centers -- with a focus on energy efficiency and environmental design sensitivities -- will generate $41.
How gov't is banking on system design to beat data breaches
IBM on Monday unveiled a series of cloud computing services including business consulting to determine return on investment, design and implementation and security architecture.Big Blue noted that its services will focus on public, private and hybrid cloud computing set-ups.
As the financial crisis deepens, science and math graduates of top colleges and universities who once flocked to investment banking are now looking to jobs in engineering and technology.Sexy science?
At the Telstra investment day in Australia today, Microsoft CEO Steve Ballmer said that Google was "way behind" in mobile operating system design."They can hire smart guys, hire a lot of people, bla dee bla dee bla, but you know they start out way behind in a certain sense....
In a paper entitled "Analyzing Web sites for user-visible security design flaws" to be published at the Symposium on Usable Privacy and Security meeting at Carnegie Mellon University July 25, Atul Prakash and two of his doctoral students examined 214 financial institutions in 2006, finding that over 75% of all the sites have at least one security design flaw :"These design flaws aren't bugs that can be fixed with a patch.
The economic slowdown is leading banking and insurance organisations to redraft their investment plans, with IT spending expected to fall
The bank believes tech investment is key to creating better banking products and adding customers in emerging markets
A survey of IT managers and senior leaders in the retail banking, investment banking and insurance sectors claims downtime is caused by reliance on such applications
At Software 2007 in Santa Clara, Calif., SAP co-founder Hasso Plattner talks to program host M.R. Rangaswami about Wall Street's unfavorable reaction to the company's $300 million-plus investment in next-generation software. Plattner also discusses his "minimalist" approach to application design.
Company uses its investment in banking-application company I-flex to consolidate current and future holdings in the industry.
The Commonwealth Bank's rebuilding of its front-end customer management system was a complex technical undertaking, but one of the most important aspects of its successful deployment was paying close attention to interface design, according to its developers.CommSee, which allows integrated access to customer information and common tasks for branch workers, has been the major IT project undertaken by the Australian banking giant in recent years.
Investment banking company SG Cowen Securities lowered its semiconductor market growth forecast by 0.5% taking it down to 3.