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.](/content/dam/images/g/h/l/a/f/3/image.related.afrIndexLead.320x210.gj7alw.png/1441003219635.jpg)
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.
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.
Xero may be the poster child for publicly listed technology start-ups, but its founder and chief executive learned the hard way it's not for the faint-hearted.
Fears the falling Australian Dollar could hit the value businesses yield from US-based cloud computing services have arisen after Microsoft hiked Australian prices for its Azure services by 26 per cent.
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.
These little known stocks recorded more than 70 per cent share price growth in the past year.
Cloud technology company Bulletproof is expecting revenue for the full-year to exceed $28 million, up more than 53 per cent on 2013-14.
The chief operating officer of US cloud storage giant Dropbox has poured cold water on speculation that the company could soon go public, sa...
Fast-growing cloud accounting software company Xero has signed a strategic partnership arrangement with US cloud computing giant Dropbox whi...
Former Fairfax Media boss David Kirk's firm Bailador Technology Investments is in the process of finalising two more major investments, foll...
Building software provider Aconex has boosted its revenue forecast for the year to June, saying a weaker Australian dollar would boost its o...
Unlimited access to business news and market insights across any device
Already a subscriber? Log in