SA GOVERNMENT APPOINTS ESCAPENET TO DELIVER ULTRA HIGH-SPEED INTERNET

SA GOVERNMENT APPOINTS ESCAPENET TO DELIVER ULTRA HIGH-SPEED INTERNET

THE South Australian government has appointed Adelaide business EscapeNet to deliver a $7.6 million ultra high-speed internet network which is aimed at covering the city's corporate needs. EscapeNet will deliver gigabit-speed internet services via the South Australian Broadband Research and Education Network (SABRENet) fibre optic net...

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MEGAPORT TARGETS GLOBAL EXPANSION WITH $27.8M CAPITAL RAISING

MEGAPORT TARGETS GLOBAL EXPANSION WITH $27.8M CAPITAL RAISING

MEGAPORT Limited (ASX: MP1) will complete a $27.8 million capital raising to assist in expanding the group's platform internationally.

The Brisbane based connectivity company will use the injection of capital to fund North American and European network-related capital expenditures, operating costs, and to develop new products.

Megaport...

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THE DOCTORS WHO PLUNGED INTO THE SHARK TANK AND SURVIVED WITH A $500,000 INVESTMENT

THE DOCTORS WHO PLUNGED INTO THE SHARK TANK AND SURVIVED WITH A $500,000 INVESTMENT

THEIR mission is to change the face of cancer care with an app that empowers and connects patients and care givers and a trio of doctors has landed a $500,000 investment for a 10 per cent stake in their new business.

Their aim is to take CancerAid and turn it into a global enterprise and they now have a chance to achieve that after secur...

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THE 'REJECT' WHO BUILT A GLOBAL BUSINESS AFTER BEING FIRED

THE 'REJECT' WHO BUILT A GLOBAL BUSINESS AFTER BEING FIRED

TEN years ago, Carl Krumins was fired from his job sweeping floors at the Reject Shop and was faced with two potential options: stay unemployed or start a business.

With a background in technology developed from a young age, deconstructing and reconstructing computers, Krumins decided to work for himself.

After taking out a $10,000 loan Kr...

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GO FETCH HITS BRISBANE WITH ITS PEER TO PEER 'FETCHER' MODEL

GO FETCH HITS BRISBANE WITH ITS PEER TO PEER 'FETCHER' MODEL

THE 'Uber for errands' app has arrived in Brisbane this week with the launch of GoFetch.

The app, which launched in Melbourne joins the host of peer-to-peer convenience based tools like Uber, Airtasker, and Deliveroo already available to make lives easier and cheaper with the press of a button.

Founder and Managing Director, Blair ...

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XTEK SCORES DEFENCE FORCE DRONES CONTRACT, SHARES SURGE

XTEK SCORES DEFENCE FORCE DRONES CONTRACT, SHARES SURGE

THE Defence Force has tapped defence technology company XTEK (ASX: XTE) to build new drones which it says will give Australian soldiers "an edge on the front line".

Canberra-based XTEK secured the $101 million deal to build a new "Small Unarmed Aerial Systems" (SUAS) capability which will be used for tactical intelligence,...

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TECHNOLOGYONE OUTSTRIPS PROFIT EXPECTATIONS AS R&D SKYROCKETS

TECHNOLOGYONE OUTSTRIPS PROFIT EXPECTATIONS AS R&D SKYROCKETS

TECHNOLOGYONE (ASX: TNE) has surpassed market expectations to achieve a half-year profit after tax of $8.1 million, up 10 per cent on its previous result.

The Brisbane-based enterprise software company also posted an increased revenue of $113.9 million for the period, up 13 per cent on HY16.

Aside from brass tacks profit, TechnologyOne has...

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ONLINE SCAMS TAKE $3.8 MILLION TOLL ON AUSSIE BUSINESSES

ONLINE SCAMS TAKE $3.8 MILLION TOLL ON AUSSIE BUSINESSES

AUSTRALIA's competition watchdog has revealed today that more than 6,000 businesses were attacked by online scams in 2016, as a result losing a combined $3.8 million.

In its Targeting Scams report, The Australian Competition and Consumer Commission (ACCC) found that losses incurred because of online scams increased by almost 31 per cent i...

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THE ADELAIDE COMPANY TAKING AIR CONDITIONING SOFTWARE TO THE WORLD

THE ADELAIDE COMPANY TAKING AIR CONDITIONING SOFTWARE TO THE WORLD

ADELAIDE air-conditioning software company Delft Red Simulation Technology has seen international demand grow over the past year, comprising nearly 10 per cent of the company's sales.

Delft Red's Plandroid air-conditioning installation planning software has grown rapidly since 2010 with its simple software which allows users to drag a...

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MEGAPORT'S GLOBAL EXPANSION CONTINUES WITH ALIBABA CLOUD DEAL IN CHINA

MEGAPORT'S GLOBAL EXPANSION CONTINUES WITH ALIBABA CLOUD DEAL IN CHINA

MEGAPORT Limited (ASX: MP1), a Brisbane-based interconnectivity provider, has entered into a partnership with Chinese tech giant Alibaba which will provide its customers with direct access to Alibaba Cloud.

The deal will connect users of Megaport's platform to Alibaba's Cloud Express Connect, a high speed and secure network connection...

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DOMINO'S DELIVERS THE ROBOTIC GOODS

DOMINO'S DELIVERS THE ROBOTIC GOODS

IN MARCH, Domino's Pizza (ASX: DMP) announced it was on a mission to create a fleet of ground-based robots that would autonomously deliver its pizza's around Europe. This week, the company has announced that these robots, created in partnership with Starship Technologies, have officially taken off in Hamburg, Germany. The new ...

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XPED ACQUIRES ADELAIDE AI TECH COMPANY

XPED ACQUIRES ADELAIDE AI TECH COMPANY

INTERNET of Things company Xped (ASX: XPE) today acquired artificial intelligence company Jemsoft Group for 50 million shares in addition to a $200,000 cash consideration. The transaction will see Adelaide based Xped acquire Jemsoft for $200,000 and 50 million shares. In addition to gaining complete ownership of Jemsoft and its intell...

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MEGAPORT'S 'LA STORY' AS IT CONNECTS WITH THE US ON A NEW INTERNATIONAL ROUTE

MEGAPORT'S 'LA STORY' AS IT CONNECTS WITH THE US ON A NEW INTERNATIONAL ROUTE

Megaport Limited (ASX: MP1), a Brisbane-based interconnectivity provider, has continued its expansion by establishing a Sydney to Los Angeles link which will cater for growing demand for its services.

The company says enabling this route is a milestone for its customers who want to use key cloud nodes outside of its main hubs of Australia and...

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EXECUTIVES AND BOARDS NEED TO STEP UP DEFENCES AGAINST CYBERCRIMINALS, REPORT SAYS

EXECUTIVES AND BOARDS NEED TO STEP UP DEFENCES AGAINST CYBERCRIMINALS, REPORT SAYS

UP to 90 per cent of Australian businesses are experiencing cyber security attacks, sometimes up to hundreds of times a day, and senior executives and boards need to act pre-emptively for their own safety, according to a government report.

The Australian Cyber Security Centre (ASCS) published the comprehensive survey which reveals the "u...

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ALIBABA JOINS FORCES WITH BPS TECHNOLOGY

ALIBABA JOINS FORCES WITH BPS TECHNOLOGY

BPS Technology (ASX: BPS) has announced it has teamed up with online retail behemoth Alibaba to tap the revenue potential of 1.4 million Chinese tourists who visit Australia each year by offering their preferred payment method through an app on hand held devices.

The Southport-based FinTech company, which owns Bartercard and the Entertainment...

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AUSSIE SPACE STARTUP LAUNCHES FUNDING ROUND TO LAUNCH 100 NANOSATELLITES $5M

AUSSIE SPACE STARTUP LAUNCHES FUNDING ROUND TO LAUNCH 100 NANOSATELLITES $5M

AUSTRALIAN space startup, Fleet, has announced a $5 million Series A funding round to nanosatellites which aims to connect 75 billion of the world's devices by 2025.

Adelaide-based Fleet is developing nanosatellite technology in partnership with some of the world's leading aerospace engineers, and will launch the first of more than 10...

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MEGAPORT PLUGS CUSTOMERS AND PROVIDERS INTO NEW ONLINE MARKETPLACE

MEGAPORT PLUGS CUSTOMERS AND PROVIDERS INTO NEW ONLINE MARKETPLACE

MEGAPORT Limited (ASX: MP1) has launched a new product called Megaport Exchange, which is an online marketplace hosted on its own portal designed to connect providers to its global network of customers.

According to the company, Megaport Exchange will allow customers to search for services and engage with providers to meet their networking ne...

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THE APP FROM ADELAIDE THAT'S WOWING THE US, BUT WHY CAN'T THEY CRACK AUSTRALIA?

THE APP FROM ADELAIDE THAT'S WOWING THE US, BUT WHY CAN'T THEY CRACK AUSTRALIA?

WHEN Adelaide's Nick Stephenson heard the story of an untrained junior doctor working for 11 years in a New South Wales hospital he decided he wanted to overhaul the medical training system with a clever training app.

His training software, XapiApps, allows medical professionals to learn in the field, record progress, and have senior doct...

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AUSTRALIAN AI BREAKS INTO THE NORTH AMERICAN MARKET

AUSTRALIAN AI BREAKS INTO THE NORTH AMERICAN MARKET

CRE8TEK (ASX: CR8), owner of Artificial Intelligence Company Flamingo Customer Experience Inc. (Flamingo), has announced its successful expansion into the American market.

The company's Flamingo program is being implemented by Nationwide, a Fortune 100 insurance company.

Flamingo's 'ROSIE' program, a virtual sales assistant...

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GETSWIFT PARTNERS WITH COMMBANK TO CHANGE THE FACE OF RETAIL DELIVERY

GETSWIFT PARTNERS WITH COMMBANK TO CHANGE THE FACE OF RETAIL DELIVERY

PUBLICLY listed delivery software company GetSwift (ASX: GSW) has announced its biggest partnership yet; a multi-year agreement with Commonwealth Bank (CBA) to improve systems for CBA's retailers.

GetSwift will ramp up logistics for CBA's Albert POS system, the bank's signature EFTPOS smart-tablet, so that each vendor which uses A...

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