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COMPANY NEWS:
Key highlights:
Atturra Limited, through its subsidiary Atturra Advisory Pty Ltd ACN 117 643 240 (“Atturra Advisory”), to acquire Exent Holdings Pty Ltd ACN 667 230 328 (“Exent”).
Upfront consideration for Exent is $6m in cash, with earn-out/post-completion consideration of up to $2m in cash, subject to Exent achieving first half FY25 performance hurdles.
Strategically aligned acquisition of Exent helps Atturra extend its advisory and consulting capabilities outside of Canberra and Defence and expand the practice nationally.
The purchase price, including upfront and deferred consideration, is calculated on a multiple of 6.5x forecast EBITDA contribution to Atturra in FY25.
GUEST OPINION: At Dynatrace’s recent global conference, a conversation with the CIO of an Asia Pacific digital bank was recounted and held up as emblematic of the future direction for many business transformations.
KPMG Australia has joined the SAP PartnerEdge program, combining KPMG’s industry-specific, business-centric approach with the “power of SAP’s market-leading technology to help clients fast-track their digital transformation journeys” with the aim of becoming future-ready businesses.
Integrated consulting, legal and commercial services to government and large organisations provider Proximity has appointed Andrew Crisp as an expert advisor.
ACS, the professional association for Australia’s technology sector, has appointed Josh Griggs as interim Chief Executive Officer.
A survey conducted for Hitachi Vantara has found that 76% of large Australian companies are overwhelmed by the amount of data they manage and 78% are concerned their current infrastructure will be unable to scale to meet upcoming demands.
GUEST INTERVIEW: Having just launched a new digital division to service post-COVID demand for business transformations, Brennan is a success story spanning more than 25 years, so what's the secret? Dave Stevens joins iTWireTV for a great chat!
GUEST INTERVIEW: Having just launched a new digital division to service post-COVID demand for business transformations, Brennan is a success story spanning more than 25 years, so what's the secret? Dave Stevens joins iTWireTV for a great chat!
One of the largest building materials suppliers in Australasia selects Google Cloud and TCS to move mission-critical workloads to accelerate business transformation.
AWARD RECOGNITION: Talend, a global leader in data integration and data integrity, has announced the APAC winners of its annual awards program, the Talend Data Masters. The awards celebrate companies that demonstrate vision and leadership in deploying Talend Data Fabric. The 4 Talend Data Masters Award winners, represent forward-thinking organisations of all sizes across a range of industries; their names were revealed today in a ceremony during Talend Connect World Tour Asia-Pacific.
Date: 2nd September, Wednesday
Time: 1:00 PM - 2:00 PM (AEST)
Automation platform provider FortressIQ has formed a strategic partnership with business transformation solutions company Signavio to deliver process intelligence services across the enterprise.
Organisations in Australia are turning their attention to business transformation to improve employee systems as the "post-pandemic" world increases the reliance on technology, according to a new study which reveals that spending and investment on IT is growing despite the current economic headwinds.
The NSW Circular Economy Innovation Network has appointed industry veteran Lisa McLean as its first CEO.
GUEST OPINION by Budd Ilic, ANZ Country Manager, Zscaler: The benefits of cloud platforms are now well understood within most organisations, however some IT teams are still hesitant to adopt due to the subject of security.
GUEST OPINION by Budd Ilic, ANZ Country Manager, Zscaler: The benefits of cloud platforms are now well understood within most organisations, however some IT teams are still hesitant to adopt due to the subject of security.
Business transformation solutions provider Signavio has raised US$177 million in funds to be used to accelerate its global expansion.
QBE Insurance is aligning its technology and transformation teams into a single business unit within its Australian and New Zealand Operations.
Artificial intelligence will create more jobs than it eliminates by 2020, according to the latest predictions from Gartner, which predicts that one in five workers engaged in mostly non-routine tasks will rely on AI to do a job by 2022.