iTWire Update – Australian Owned and Operated

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Hi John,


Independent investment company Breakthrough Victoria is investing $2 million in Umps Health, a Victorian company developing sensors and AI to enable proactive aged care at home.

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The Mapping the Digital Gap report has found internet access in Australia’s remote and very remote communities improved in the past two years as 4G/5G, Wi-Fi and satellite infrastructure is bolstered across regional Australia.

After two years of hype around generative AI in particular, there are some clear signals that we’re headed into the low that tends to follow the high in this space, where public mood shifts as the gap between expectation and reality becomes more apparent.

Fintech company Sage, has announced a strategic partnership with accountancy and advisory firm BDO Information Systems. The collaboration aims to help scale Sage Intacct, its flagship cloud financial management platform, in the New Zealand market.

Managed services provider Infotrust has announced a series of strategic leadership appointments that will accelerate the company’s growth trajectory and strengthen its market position heading into 2025.

And as always there's plenty more today, so for all the news please visit www.itwire.com.

Josh Martinez, newsletter editor, iTWire

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