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Carr backs venture capital to tune of $80m

The Federal Government has injected $80 million into four Australian venture capital funds, with the aim of stimulating innovation and accelerating commercialisation in early stage Australian companies.

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Financial markets to spend $18 billion on IT in Asia-Pacific by 2015

The Asia-Pacific financial markets industry is tipped to spend $US18 billion on IT by 2015, according to analyst firm Ovum.

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Investment in mobile ERP increasing: IDC

$1 in every $8 spent today on IT in Australia goes to mobile ERP, according to a white paper by IDC and mobile ERP vendor IFS. And investment in mobile is expected to increase, they said.

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Telstra invests $4 million in cloud communications company

Telstra completed a $4 million investment in Whispir that will help the cloud-based software company expand into Asia.

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Datacom sells Asian contact centre business for $A20 million

Datacom Group will net $A20 million from the sale of its contact centre operations in Kuala Lumpur, Malaysia and Manila, Philippines.

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Connxion scraps deal with First Capital Partners

Data and transaction services company Connxion (ASX:CXN) and First Capital Partners have called off an investment management agreement

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Market analysts' outlook too high: WAM Capital

Stockmarket estimates for FY12 are too high, WAM Capital (ASX:WAM) said, even as it reported an 18% growth in its own portfolio in FY11

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Cadence Capital posts record FY11 profit

Investment company Cadence Capital (ASX:CDM) grew its FY11 profit 357% to $13.1m, and is confident in its outlook for FY12

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Washington H profit spikes on asset sale gains

Investment company Washington H Soul Pattinson (ASX:SOL) reported a $363.9m profit for its FY11, as gains from asset sales counterbalanced shrinking regular earnings

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Why Exchange Traded Funds Are Gaining Steam as CFO Investment Tools

From retirement plans to acquisitions, the ETF is worth looking at; transparency is a benefit.

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Gillard government invests $200m in Aussie start-ups

The Gillard government has set aside $200 million in a move to boost funding to Australian start-ups.

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Data centre technology spending to hit $1.77b: report

Australian organisations are forecast to spend $1.77 billion on data centre technology in 2013 as companies look to upgrade old facilities or invest in new data centres, according to Gartner research.

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How CIOs Can Become Business Heroes

Columnist Michael Hugos offers clear directions for how CIOs can open the exit door from the techie trap.

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Five things CFOs want from CIOs

Face it, you need to get on with your CFO. Here are the five things they want from you.

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Enterprise must shake core to be innovative: Telstra

To be innovative, a large corporation must do more than build an "innovation centre," according to panellists from Telstra and major Web companies.

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