From Australia: The latest in tech and innovation

In recent news, AI remains a hot topic, enterprise IT spend is set to bounce back, and Australia’s central bank eyes-off a digital wholesale currency.

Australians ill-informed on AI, want it regulated: Report

According to research from the University of Queensland and KPMG, most Australians report knowing little about artificial intelligence, few trust it, and nearly all want it regulated with government oversight.
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RBA partners with CBA, NAB on digital wholesale currency

The Reserve Bank of Australia is partnering with the Commonwealth Bank, NAB, Perpetual, and US-based ConsenSys Software to develop a proof-of-concept central bank digital currency for wholesale settlement.
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Enterprise IT spend to bounce back 3.6 per cent in 2021, Gartner forecasts

According to Gartner, Australian enterprise IT spend will rebound next year and total more than $95 billion across all sectors, representing a 3.6 per cent rise year-on-year.
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Australians shopping from bed, the toilet and the pub

A recent survey by Catalyst Research and commissioned by Cashrewards found that Australians are more likely to be shopping from their beds than in shopping centres, as the pandemic sends people online to buy their goods.
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Woolworths plans AI driven stores as cloud transformation bears fruit

Australian grocer Woolworths plans to leverage its greater data crunching capacity from running multiple applications in the cloud to adopt AI in planning what products are placed in different stores.
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New remote attack allows access to hidden internal network services

A security researcher has identified a vulnerability in website browsers that tricks firewalls to provide remote access to services on targeted machines that are not normally reachable via the internet.
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Reach out to Rochelle via rochelle.ritchie@hotwireglobal.com to learn how to use the latest tech and innovation trends to your advantage.

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