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    Technology

    Enterprise IT

    This Month

    ASX CIO Tim Whiteley is attempting to deliver a raft of tech upgrades.

    ASX cuts back on overpaid tech contractors who were ‘taking the p---’

    The company’s tech boss is reducing reliance on contractors and consultants after insiders blew the whistle on temporary staff.

    • Paul Smith
    The ASX board on Bridge Street in Sydney. The exchange is replacing four key systems, including CHESS.

    The ASX faces a ‘ticking time bomb’ as technology upgrades delayed

    The market operator is attempting to simultaneously upgrade several major systems, one of which is at an early stage and already seven months behind schedule.

    • Paul Smith
    ASX CEO Helen Lofthouse, had to pull the pin on the CHESS upgrade early in her tenure.

    Regulator needed as ASX techies tinker with critical infrastructure

    The ASX has a glut of big tech upgrades to deliver, on top of its CHESS debacle ‘do-over’. If it stuffs them up, then everyone in the market suffers.

    • Paul Smith
    Redactive co-founders Lucas Sargent, Andrew Pankevicius, and Alexander Valente have international ambitions after raising capital.

    Ex-Atlassian insiders pull in millions for AI development start-up

    Redactive has raised $11.5 million from local and US-based investors after convincing financial services clients to use it to help software engineers develop AI tools.

    • Paul Smith

    May

    MinterEllison CEO Virginia Briggs says rather than feel excluded by the firm’s AI program, some graduates are excited to work with the technology.

    If AI can do the work of a grad lawyer, what does a grad lawyer do?

    As tech increasingly takes on the legal grunt work, MinterEllison is trying to rethink the work and skills of its young lawyers.

    • Hans van Leeuwen
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    March

    Dan Houden, CEO Task Group, met wit

    Sydney family behind McDonald’s app worth more than $100m

    A US-based rival has offered to buy ASX minnow Task Group, which was founded by Sydney’s Houden family in 2000.

    • Tess Bennett

    How Metcash’s $80m tech upgrade blew out by $200m

    A plan to replace nine IT systems with one Microsoft platform is a case study in how not to manage a large-scale tech project.

    • Tony Boyd
    There is no such thing as safe as houses when it comes to assessing risk for investors in property and sharemarkets.

    Could turning laws into code help fix the housing shortage?

    Allowing computers to read and interpret laws based on sophisticated rules could revolutionise regulation and the way you interact with government.

    • Tom Burton

    February

    Marek Rucinski says AI can help identify when an organisation is likely to underpay superannuation.

    AI auditors let the ATO find millions in unpaid tax and super

    Natural language AI models have helped the ATO find hundreds of millions of liabilities and pinpoint organisations that may not be paying employees enough super.

    • Paul Smith
    ASX CEO Helen Lofthouse is laying off staff ahead of next Friday’s earnings call.

    ‘New era’ ASX starts with redundancies as CEO swings axe

    Technology staff are the most affected by redundancies before ASX’s half-yearly earnings due on Friday, as it looks to reorganise after its CHESS disaster.

    • Paul Smith
    CBA’s Gavin Munro with Microsoft’s Alysa Taylor, at the bank’s Sydney headquarters.

    CBA claims AI is already making it work 30pc better

    AI is making the bank’s highly paid staff more efficient by doing some of their boring work, CBA’s tech boss says, while its customers will deal with AI more.

    • Paul Smith
    Armughan Ahmad has resigned as chief executive of Appen effective immediately.

    CEO exits stricken Appen after year of ‘great change’

    The chief executive of struggling data services company Appen has resigned after 12 months. Ryan Kolln is elevated to the top job.

    • Tess Bennett

    January

    White-collar jobs tumble, but shares soar as investors back AI future

    Australian staff are likely to make up some of the 8000 jobs software giant SAP says will be affected by an AI-driven global restructure, as its shares hit a record.

    • Paul Smith

    December 2023

    Atturra’s $90m acquisition spree to help it take on Accenture, IBM

    CEO Stephen Kowal says the Cirrus deal will give it the balance sheet and scale needed to compete for projects against foreign-owned IT businesses.

    • Tess Bennett
    Some business leaders say decisions made using AI could be hard to justify in an inquiry or court.

    Why execs don’t trust AI with big decisions yet

    A year after the launch of ChatGPT, businesses dabbling with generative AI aren’t convinced the technology would hold up under the intense scrutiny of a senate inquiry or lawsuit.

    • Tess Bennett
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    November 2023

    Finance Minister Katy Gallagher took the pragmatic approach and called time on the GovERP program, describing it as naive.

    How to avoid another Canberra tech wreck

    The ditching of a new $400 million back office system yet again reveals the federal government’s deeply flawed approach to technology and digital transformation.

    • Tom Burton
    TechnologyOne chief executive Ed Chung says the Brisbane company is ready to make much bigger deals.

    TechnologyOne has never made a big acquisition. Now it wants to

    Private equity could reshape the competitive landscape for the Brisbane-based enterprise software group in the UK, where it has been keenly eyeing deals.

    • Tess Bennett

    October 2023

    Kelly Butler recently moved from Melbourne to become UK cyber leader at insurance broker March McLennan in London.

    Cyber insurers cut their premiums, but demand you do more

    The industry has weathered a storm of spiralling claims and soaring costs, but better premiums are only on offer to customers who tool up for the next crisis.

    • Hans van Leeuwen

    September 2023

    Daisey Stampfer, the group executive of strategy and transformation at Superloop, and Reid Elliot, the head of transformation.

    Why these companies relied on staff – not consultants – to transform IT

    Endeavour Energy and Superloop have pulled off complicated digital upgrades by relying on employees who understand customers and know the ins and outs of their businesses.

    • Edmund Tadros

    How Digital Transformation Leaders entrants are assessed

    Leading digital transformation entrants submit a clear set of initiatives and outcomes.

    • BCG Team