Digital Economy stories - Page 2

CIOs are evolving from tech reporters to changemakers, driving innovation and embedding IT as a core element of business strategy and growth.

Telecom firms face rising risks in AI trust, cybersecurity, talent shortages and geopolitical shifts, challenging their digital transformation and customer confidence.

Princeton Digital Group begins building a USD $1 billion, 120 MW hyperscale data centre in Jakarta to support growing AI and cloud demands in Indonesia.

AI subscriptions have overtaken streaming as Americans’ top digital priority, with 67% deeming AI tools essential for work and daily life.

New Zealand is urged to engage Indian diaspora leaders in shaping trade and digital ties with India, aiming to boost tech growth and economic partnerships.

Neos Networks has completed its first fibre installation along the Great Western Main Line, boosting the UK's digital infrastructure as part of Project Reach.

Wales Tech Week returns to ICC Wales this November, spotlighting the nation’s tech innovation, global talent, and ambitions for a resilient digital economy.

British firm TMT ID secures GBP £30m from BGF to expand real-time age verification and fraud prevention globally, focusing on the US market.

Salesforce has opened a new office in Manila and plans to train 12,000 Filipino workers in AI and CRM skills over the next five years.

AI-powered payment systems now approve credit and detect fraud in milliseconds, revolutionising the speed and security of financial transactions.

UK tech consultancies waste GBP £3.06 billion annually on idle IT skills despite widespread talent shortages affecting 81% of businesses.

UK consultancies lose over GBP £3bn annually as thousands of IT experts remain idle despite widespread digital skills shortages, says BenchBee analysis.

A Cloudflare outage disrupted major online services worldwide, revealing how fragile the global digital economy and payments infrastructure have become.

AI is reshaping the job market, creating new roles and skills while shifting human labour towards innovation and human-AI collaboration across industries.

GCash launches PocketPay with BPC to enable contactless Visa and Mastercard payments on Android devices, aiding 6 million Philippine businesses go cashless.

Telehouse Thailand and Symphony partner to enhance cloud services and ASEAN connectivity with renewable-powered data centre in Bangkok.

Organisations must prioritise building digital skills in-house through AI-powered learning to close widening gaps and thrive by 2026 amid rapid tech change.

The UK’s new Cyber Resilience Bill broadens digital security rules, demanding action from data centres and service providers to strengthen supply chain cyber defences.

Southeast Asia’s consumer spending and digital payment habits vary widely, with distinct trends emerging across six key markets amid inflation pressures.

Utho Cloud launches tools enabling Indian firms to migrate from foreign cloud providers with up to 60% cost savings and enhanced data sovereignty.