Tech stocks a bright spot on ASX

Tech stocks have performed well this reporting season, with notable performers SMS Management and Technology, Data#3 and Appen.

Analysts are bullish on Australian tech stocks, tipping good growth for the next 12 months on the back of strong performances this reporting season, a weakened Australian dollar and distance from China.

Australan businesses are dialling up the cloud: a just-released overhaul of an asset management suite known as LANDESK Workspace provides a simplified view of IT assets and better visibility into software compliance, hardware asset lifecycles, licence entitlement and hardware refresh policies.

Asset managers get a better look at what they own

With the stimulus of the IT cloud and the jolt received from increased mobile access to central enterprise server farms, the public sector in Australia is seeing a steadily growing wave of second order improvement, based on greatly improving the convenience of legacy systems dating, in some cases, back to last century.