Investment stories - Page 28

Early investment in cloud and data centre offerings results in major new accounts, generating faster-than-market growth across the region.

New Zealand's mobile data usage has doubled for the second consecutive year, driven by increased smartphone activity, says the Commerce Commission's report.

Trade Me is offloading its group-buying site Treat Me, with a management-led consortium set to take control next month for an undisclosed sum.

Groupon's customer base grew globally, boasting increased activity despite losing USD $32.4 million in sales due to adverse forex rates.

Orcon CEO Scott Bartlett calls for a new submarine cable following Pacific Fibre's project's cancellation, warning NZ's economy may suffer without it.

IBM has completed the first phase of a five-year IT network services deal with Auckland University of Technology as AUT gears up for its new Learning Precinct.

ICT organisations will continue to reap rewards despite cautious spending in 2012 according to research company IDC.

New Zealand's SMEs are increasingly outsourcing IT support for better efficiency and savings. What should they consider when choosing a partner?.

Juniper Networks strengthens its New Zealand operations with three strategic hires, aiming to boost service quality and address local data centre challenges.

In tough times, stretching IT life cycles can backfire, leading to higher costs. Learn how to optimise IT investments at Maclean's upcoming CFO-focused events.

Microsoft is investing millions to open a tech centre in Russia, partnering with local universities to boost innovation and support start-ups at Skolkovo.

Nokia Siemens Networks invests GBP £4 million in OpenCloud to integrate its telecom software, boosting innovation and growth in convergent services.

Cloud services are transforming disaster recovery. To build a robust back-up plan, consider network bandwidth and seeding backups, plus offsite storage.

Telecom has settled with the Commerce Commission for USD $1.6 million after complaints from Vodafone and Orcon about anti-competitive behaviour.

Businesses often overlook the strategic value of IT, seeing it as an expense rather than a driver of reliability, capability, and capacity.

AOL is reportedly finalising a deal to sell social network Bebo to Criterion Capital Partners, two years after buying it for USD $850 million.

AOL is looking to sell or shut down the online social site Bebo, just two years after buying it for US$850 million.

Dell appoints Simms International as its New Zealand distributor for SMB products, enhancing its local presence and aligning with its global expansion strategy.

Maxnet's CEO urges firms to upgrade legacy data centres and ensure robust backup systems after the costly Air NZ outage.

Videoconferencing has seen significant growth in New Zealand, with companies utilising the benefits including faster decision-making and improved collaboration.