David Leane, Author at Techbest - Top Tech Reviews In Australia - Page 2 of 18

Department of Health and Aged Care Secures New Cloud Agreement with AWS


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Department of Health and Aged Care Enhances Digital Capabilities with AWS Cloud Partnership

Australian Health Department renews AWS cloud contract

Quick Insight

  • The Department of Health and Aged Care has finalized a new $22.9 million cloud services contract with AWS.
  • This agreement, effective from May 2024 through April 2028, extends the department’s partnership with AWS initiated in 2022.
  • Included services are computing, storage, analytics, generative AI, and various proof-of-concept innovations.
  • The contract was achieved via the federal Digital Transformation Agency’s comprehensive AWS agreement.
  • This initiative supports the National Digital Health Strategy 2023–2028, which emphasizes data-driven and interoperable healthcare systems.
  • AWS is utilized alongside other major cloud services such as Microsoft Azure and Google Cloud.

Health Department Embraces Cloud Innovation with AWS Collaboration

The Australian Department of Health and Aged Care has reinforced its digital transformation efforts by renewing its cloud services pact with Amazon Web Services (AWS). The fresh contract, worth $22.9 million and commencing on May 1, 2024, extends until April 2028, succeeding a prior $16.8 million agreement that initiated in 2022.

This renewal accentuates the department’s dedication to harnessing cloud technologies to bolster the nation’s healthcare framework, improve scalability, and foster innovation across health services.

Overview of the New AWS Contract

Extensive Range of Services

The renewed contract offers a wide array of cloud services, which include:

  • High-performance computing resources for processing large medical databases
  • Robust storage solutions for secure management of sensitive health information
  • Analytical tools for enhancing healthcare insights and decision-making processes
  • Generative AI technologies for crafting healthcare applications and frameworks
  • Proof-of-concept options to trial and evaluate emerging technologies

Acquired through Government-Wide Framework

This agreement was secured through the Digital Transformation Agency’s (DTA) comprehensive cloud sourcing framework with AWS, streamlining procurement for agencies while ensuring cost efficiency, security compliance, and easy access to top-notch technologies.

Advancing the National Digital Health Strategy

Australia’s National Digital Health Strategy 2023–2028 conveys a distinct aim: a digitally empowered, patient-centered health system. The AWS renewal is pivotal in achieving this vision by facilitating interoperable digital platforms that enable:

  • Real-time health data exchange among providers and patients
  • AI-driven diagnostic instruments
  • Remote care and monitoring initiatives
  • Data-informed public health policy formulation

With this renewed AWS contract, the department is poised to implement scalable, secure, and future-oriented solutions aligned with the strategy’s objectives.

AWS Among Key Players in Federal Cloud Ecosystem

While AWS continues to be a foundational element of the department’s digital infrastructure, it operates alongside other influential hyperscalers like Microsoft Azure and Google Cloud. This multi-cloud strategy ensures flexibility, redundancy, and mitigates reliance on a single provider for essential services.

Utilizing several cloud platforms aligns with best practices for government entities handling sensitive data while requiring robust disaster recovery options.

Significance for Australia’s Health Sector

The renewed AWS contract goes beyond a mere financial arrangement—it represents a strategic investment in the future of healthcare in Australia. As the system progresses towards more individualized, data-centric care, platforms like AWS provide the agility and innovation necessary to meet these goals.

Additionally, by embedding AI and analytics into healthcare delivery, the department can enhance patient outcomes, lower expenses, and optimize the usage of scarce resources.

Conclusion

The Department of Health and Aged Care’s $22.9 million cloud services renewal with Amazon Web Services signifies a crucial advancement in Australia’s digital health journey. Supported by the Digital Transformation Agency’s framework, this agreement guarantees strong computing, storage, analytical, and AI capabilities to propel the National Digital Health Strategy forward. With AWS, Microsoft Azure, and Google Cloud underpinning the department’s infrastructure, Australia is establishing itself as a frontrunner in digital healthcare innovation.

Q: What is the monetary value of the new cloud services agreement with AWS?

A:

The new contract is valued at $22.9 million and lasts four years, from May 2024 through April 2028.

Q: What services does the AWS agreement offer to the Department of Health and Aged Care?

A:

The agreement encompasses computing, storage, analytics, generative AI, and proof-of-concept services to bolster digital health initiatives.

Q: How was the AWS contract obtained?

A:

It was acquired through the Digital Transformation Agency’s comprehensive cloud sourcing arrangement with AWS, which was renewed earlier in 2024.

Q: Why is this renewal important for the Australian health sector?

A:

It supports the National Digital Health Strategy by facilitating scalable, secure, and interoperable digital infrastructure for enhanced patient care and system efficacy.

Q: Is AWS the sole cloud provider utilized by the department?

A:

No. The department also employs Microsoft Azure and Google Cloud as part of its multi-cloud strategy.

Q: What is the National Digital Health Strategy 2023–2028?

A:

It’s a federal blueprint aimed at digitizing Australia’s health system through interoperable platforms, real-time data accessibility, and AI-enhanced solutions.

Q: How does AWS aid innovation in healthcare?

A:

AWS supplies scalable and secure infrastructure that fosters AI and analytics, facilitating the development of tools for diagnostics, remote care, and health research.

Q: When did the Department of Health and Aged Care first adopt AWS?

A:

The department commenced utilizing AWS cloud services in 2022 under a preceding $16.8 million contract.

Sushi Sushi Delivers Success through Continuous Digital Transformation Initiatives


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Quick Overview

  • Sushi Sushi has expanded to 170 outlets throughout Australia and aims to reach 300 by FY28.
  • The organization is implementing a major digital transformation to optimize operations.
  • Technological advancements encompass Juniper core switches, migration of POS systems, mobile app creation, and beacon technology.
  • Aussie Broadband’s Carbon platform facilitates quicker setup and enhances network visibility for stores.
  • This transformation is improving support for franchisees and alleviating the IT troubleshooting workload.

Sushi Sushi advances with technology-enhanced store operations

Image credit: Sushi Sushi

Steady Growth and Aspirational Expansion Goals

Sushi Sushi, one of Australia’s prominent sushi retailers, has evolved significantly since its inaugural store opened in Melbourne in 1998. Currently operating 170 outlets, the quick service restaurant (QSR) chain plans to grow to 300 locations across the country by the fiscal year 2028.

With 70% of its outlets managed by franchisees, the brand is dedicated to enhancing operational efficiency and customer satisfaction through digital advancements. IT General Manager Anthony Sok, who joined the team approximately 18 months ago, has spearheaded the effort to reshape Sushi Sushi’s technology environment.

Fostering Franchisee Confidence through IT Streamlining

Upon his arrival, Sok’s primary objective was to gain the confidence and respect of franchisees. He identified a significant issue: store staff preferred to concentrate on serving customers rather than dealing with technical problems. “Franchisees and staff don’t want to be tied up on the phone,” Sok remarked. “They want to sell sushi.”

To alleviate this issue, the company rolled out Juniper Networks core switches nationwide. This granted Sok’s IT team and franchisees immediate visibility into store network conditions, enabling faster problem detection and resolution without consuming staff resources.

Digital Transformation: Beyond a Mere Trend

Sushi Sushi’s digital transformation encompasses much more than hardware improvements. The company has successfully completed a significant migration of its point-of-sale (POS) systems and is preparing to introduce a mobile application, click-and-collect services, online ordering, and beacon technology.

Beacon technology, in particular, is set to offer targeted promotions and enhance in-store navigation by interacting directly with customers’ smartphones. This is part of a larger initiative aimed at boosting customer engagement and refining service delivery in a progressively digital-centric retail landscape.

The Role of Aussie Broadband in Enhancing Connectivity

Connectivity serves as the foundation of contemporary QSR operations, and Sushi Sushi has undertaken bold initiatives to guarantee reliable internet and voice services. The company replaced a fragmented network with Aussie Broadband, leveraging its Carbon platform for self-managed provisioning and upkeep across all outlets.

Sok emphasized the difficulties associated with setting up new stores using traditional NBN provisioning: “You just worry about it for eight weeks.” With Carbon, store installations that previously needed multiple NBN visits and extended timelines can now be completed in minutes with just 20 clicks.

Comprehensive Network Oversight

Aussie Broadband’s Carbon platform also provides centralized oversight across the complete network. This “single pane of glass” methodology allows Sok’s small IT team to actively monitor connections and inform franchisees of potential issues before they escalate into problems.

“If we can take internet troubleshooting and network visibility away from you, we’re fulfilling our role as a support office,” Sok stated. This proactive strategy ensures store operators can prioritize exemplary customer service without being hindered by technical obstacles.

Customer-Centric Technology Approach

Sok’s focus on customer experience is guiding Sushi Sushi’s digital strategy. By eliminating IT constraints and equipping franchisees with comprehensive digital tools, the company is setting itself up for sustainable growth and innovation-driven competitiveness in the rapidly changing food retail landscape.

Conclusion

Sushi Sushi’s digital transformation exemplifies how technology can improve operational productivity and enhance customer service within the fast-food sector. From network enhancements and POS transitions to forthcoming mobile and online ordering capabilities, the sushi chain is establishing the groundwork for scalable growth, better franchisee assistance, and integrated digital solutions.

Q: What is the aim of Sushi Sushi’s digital transformation?

A:

The objective is to boost operational productivity, enhance customer experiences, and support franchisees through improved technological infrastructure, including upgraded networking, POS systems, and new digital services like mobile applications and online ordering.

Q: How has Sushi Sushi advanced its network infrastructure?

A:

The company implemented Juniper core switches throughout all locations and collaborated with Aussie Broadband to offer dependable voice and internet services. It utilizes the Carbon platform for effective service provisioning and immediate network visibility.

Q: What advantages has the Carbon platform provided to Sushi Sushi?

A:

Carbon enables IT teams to quickly provision services, monitor network performance, and tackle issues proactively. This has greatly shortened store setup periods and helped prevent costly delays and outages.

Q: What digital projects are on the horizon?

A:

Future technology initiatives include launching a mobile app, online ordering, click-and-collect services, and beacon technology to improve in-store customer interaction and customized marketing.

Q: In what way does the IT team support franchisees?

A:

Through the use of centralized monitoring tools and streamlining of network support, the IT team actively resolves problems, minimizing the necessity for franchisees to seek assistance. This allows store personnel to concentrate on customer service instead of tech issues.

Q: What importance does beacon technology hold for Sushi Sushi?

A:

Beacon technology enables the brand to provide targeted promotions and real-time alerts to in-store customers, enhancing personalization and boosting engagement through digital channels.

Q: What effect does the transformation have on customer experience?

A:

The digital transformation minimizes service wait times, enhances ordering convenience, and fosters personalized interactions, all of which contribute to a superior overall customer experience.

Infamous Forum 4chan Allegedly Breached, Users Assert in Recent Posts


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Quick Synopsis

  • 4chan, a divisive online platform, is said to have been breached.
  • Images shared online suggest compromised access to backend systems.
  • Reportedly leaked data includes personal information of site moderators.
  • The site has had inconsistent availability since the breach occurred.
  • Cybersecurity analysts consider the breach to be plausible.
  • No official comment has been made by 4chan in response to media inquiries.
  • This hacking incident has reignited worries about moderation and security on alternative platforms.

4chan Allegedly Compromised: Unknown Hacker Attacks Polarizing Forum

4chan allegedly hacked and moderator information leaked

Details of the 4chan Hack Emerge

Allegations of a security compromise at 4chan surfaced when an inactive portion of the site was reactivated, prominently featuring the message “U GOT HACKED.” This incident has prompted extensive discussions online, particularly given the forum’s sensitive reputation and its connection to internet subcultures and contentious topics.

Cybersecurity expert Alon Gal from Hudson Rock has remarked that the breach “seems legitimate,” highlighting shared screenshots that allegedly reveal access to 4chan’s backend systems. These visuals suggest unauthorized entry into the site’s infrastructure and administrative features.

Leaked Moderator Data Raises Privacy Issues

One of the most concerning allegations is that the hacker has disclosed personally identifiable information of multiple 4chan moderators — a significant invasion of privacy that could jeopardize these individuals. Nearly twenty moderators might have been affected, with some reportedly reached through their 4chan email accounts. One moderator replied by pointing inquiries towards unrelated explicit video content, complicating matters and raising doubts about the validity or purpose behind such a response.

Site Performance and Lack of Official Response

Following the suspected breach, 4chan’s website has been functioning sporadically, lending credence to the claims of a technical compromise. Despite increasing public concern and curiosity, 4chan has yet to provide any formal statement or acknowledgment. Communications sent to the platform’s press contact have gone unanswered, which could be viewed as either caution or an inability to comment due to the ongoing situation.

Implications for Online Culture and Cybersecurity

4chan has been recognized as a fertile ground for viral meme culture, fringe political debates, and frequently contentious content. Its minimal moderation and anonymous posting style have made it a sanctuary for free speech — and a target for criticism. This most recent security breach poses larger questions regarding the safety and management of online communities that thrive on anonymity and decentralized governance.

Cybersecurity experts caution that platforms like 4chan, which often operate with constrained resources and oversight, are becoming increasingly susceptible to hacking incidents. The revelation of internal systems and confidential moderator data could mark a pivotal moment in how these platforms handle security and user trust.

Conclusion

The reported breach of 4chan underscores the vulnerability of digital platforms that depend on anonymity and limited moderation. With backend access seemingly compromised and moderator personal information possibly disclosed, the incident highlights escalating cybersecurity threats in fringe online spaces. As 4chan remains unresponsive, both users and observers are left to speculate on the extent of the breach — and what it could mean for the future of unregulated online forums.

Q: What occurred with 4chan?

A:

4chan was reportedly compromised, with an previously inactive section of the site revived, displaying a message that indicates a breach. Screenshots shared online suggest that backend systems and moderator data were accessed.

Q: How trustworthy is the hack?

A:

Cybersecurity specialists like Alon Gal have indicated that the evidence appears credible. Screenshots of the backend and internal tools support the legitimacy of the claims, and the site’s intermittent functionality reinforces the likelihood of a genuine breach.

Q: What types of data were allegedly leaked?

A:

The hacker is said to have revealed the personal information of around two dozen 4chan moderators, including email addresses and other potentially identifiable data. This raises serious privacy and safety concerns for those involved.

Q: Has 4chan made a statement?

A:

No, 4chan has not provided any official statement regarding the hack. Efforts to reach the platform’s press email have remained unanswered.

Q: What risks does the hack present to users and moderators?

A:

The disclosure of personal information could result in harassment or doxxing for moderators. For users, this breach raises fears regarding the security of their own data — such as IP addresses or posting history — in the future.

Q: Is the forum still operational?

A:

The site has been experiencing variable availability since the breach was reported. It remains unclear if this is a result of ongoing remediation efforts or additional attacks.

Q: Will this incident impact other online forums?

A:

This breach may lead comparable platforms to reevaluate their security measures. It also reignites discussions surrounding moderation, administration, and the accountability of anonymous forums in the larger internet landscape.

Q: How can users safeguard themselves on such platforms?

A:

Users should refrain from sharing personal details and consider utilizing VPNs to conceal their IP addresses. It is also recommended to minimize engagement on platforms that have unclear security protocols or moderation guidelines.

ANZ Pushes Forward with Development of Centralized Data Hub for Risk Operations


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Fast Overview

  • ANZ is creating a centralized data hub to aid its Risk department and 2000 employees.
  • The system utilizes Google Cloud technologies: Dataplex, BigQuery, and Vertex AI.
  • Objectives include enhanced analytics, quicker insights, and streamlined technological infrastructure.
  • AI has sharpened the emphasis on data quality and governance throughout the bank.
  • Core focuses are on automated data governance and elevated data quality.
  • This project aligns with broader simplification objectives within ANZ’s technology framework.

ANZ’s Data Evolution for Risk Management

ANZ advances the development of a centralized data hub for risk operations

Artur Kaluza of ANZ, fourth from left, at Google Cloud Next 2025.

Centralised Risk Data Platform: Your “One-Stop Solution”

ANZ Banking Group is advancing its bold data transformation initiative aimed at centralizing risk operations within a unified data hub. This “one-stop solution” is tailored to meet the data requirements of roughly 2000 team members in the bank’s Risk function. The platform aims to streamline data access, boost analytics, and enhance decision-making processes.

The initiative was presented at a Google Cloud Next conference back in 2021 and has since grown into a prominent digital transformation undertaking within ANZ’s Risk department. This effort aligns with ANZ’s larger digital framework concentrating on system simplification and operational effectiveness.

Utilizing Google Cloud: Dataplex, BigQuery and Vertex AI

Central to ANZ’s platform are three essential Google Cloud services: Dataplex, BigQuery, and Vertex AI. These tools work together to support the storage, processing, and smart analysis of extensive risk-related data.

Dataplex: The Core Data Architecture

Dataplex functions as the fundamental data architecture, allowing for unified data discovery, quality oversight, lineage tracking, and automation of governance. Artur Kaluza, ANZ’s Head of Data Strategy and Transformation for Risk, characterized Dataplex as pivotal to their management tactics, emphasizing its role in automating traditionally manual and fragmented procedures.

BigQuery: Fast-Tracked Analytics and Modeling

BigQuery acts as the data warehouse powerhouse, enabling swift queries of large datasets. This expedites speed-to-insight and minimizes the time risk analysts spend on “data wrangling,” allowing them to concentrate more on modeling and decision-making.

Vertex AI: Boosting Risk Intelligence with AI

The integration of Vertex AI underscores ANZ’s increasing interest in embedding artificial intelligence into risk operations. The platform facilitates machine learning model development, which could support advanced credit risk assessments, anomaly detection, and predictive analytics.

Strategic Aims: Speed, Efficiency, and Simplification

Kaluza identified three strategic aims for the data hub: to enable quicker insights, enhance productivity by reducing time spent on data management, and simplify the bank’s tech ecosystem. These aims reflect a broader movement within the financial services industry, where organizations invest in analytics platforms that foster smarter, quicker, and more compliant risk management.

ANZ’s simplification strategy has been extensively documented over recent years, focusing on consolidating systems and decreasing complexity across its technology landscape. By centralizing risk data, the bank can break down silos, eliminate redundancy, and standardize reporting and governance protocols.

AI Emphasizes Data Quality and Governance

The emergence of enterprise and generative AI has underscored the necessity of high-quality, governed data. “Data will feed AI,” Kaluza remarked. “Getting it right will lead to success; getting it wrong will heighten the risk.” With AI models increasingly shaping financial decisions, ensuring dependable data is more crucial than ever.

ANZ has recently accelerated its investments in data quality management, utilizing Google Cloud’s suite of tools to automate validation and governance. The heightened focus on data lineage, completeness, and precision aims to guarantee that risk models and AI outputs are both reliable and auditable.

Automation: The Future of Data Governance

ANZ is making strides toward automating data governance. Automating governance not only enhances compliance but also lessens manual burdens for risk teams. This is especially vital in light of growing regulatory scrutiny and the need for immediate compliance oversight.

By embedding governance into the data platform from its inception, ANZ is future-proofing its risk operations and positioning itself to swiftly address new regulations, market shifts, or emerging challenges.

Conclusion

ANZ’s centralized risk data hub initiative signifies a substantial investment in digital transformation, employing Google Cloud technologies to establish a scalable, intelligent, and secure platform. The project aims to elevate speed-to-insight, reduce operational intricacies, and foster the responsible application of AI in risk decision-making. With data quality and governance at its foundation, ANZ is setting the stage for the next generation of smarter banking.

Q: What is ANZ’s aim for the centralized data hub for Risk?

A:

The aim is to create a consolidated platform for risk data that enhances speed-to-insight, decreases time spent on manual data management, and streamlines ANZ’s overall technology landscape.

Q: Which Google Cloud services is ANZ utilizing in this transformation?

A:

ANZ utilizes Dataplex for data management and governance, BigQuery for analytics, and Vertex AI for machine learning and AI-driven insights.

Q: How does AI affect ANZ’s approach to risk data?

A:

AI heightens the demand for high-quality, governed, and trustworthy data. It also opens up new avenues for predictive modeling and risk automation, placing greater emphasis on data management.

Q: What advantages does Dataplex provide in ANZ’s platform?

A:

Dataplex enables automated data discovery, quality checks, and governance. It streamlines data management across various sources and minimizes manual effort.

Q: How does this align with ANZ’s larger technology strategy?

A:

This initiative complements ANZ’s strategy to streamline and simplify its technology estate by consolidating systems and centralizing data for enhanced operational efficiency.

Q: What obstacles has ANZ encountered in enhancing data quality?

A:

Achieving data quality has historically posed challenges due to fragmented systems and manual processes. Leveraging Google Cloud tools has facilitated the automation and improvement of these initiatives.

Q: Who benefits from the new data hub within ANZ?

A:

Approximately 2000 personnel in the Risk division will gain from easier access to high-quality, reliable, and suitable data to aid decision-making and compliance.

Q: What’s next for ANZ’s data transformation initiative?

A:

Continued development and integration of AI capabilities, further automation of governance processes, and potential expansion into other business areas beyond Risk.

New Open Electricity Instrument Allows Australians to Monitor Energy Data Instantly


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Brief Overview

  • The new ‘Records’ feature from Open Electricity monitors real-time energy achievements throughout Australia.
  • Created by The Superpower Institute to improve visibility during the energy transition.
  • Noteworthy elements include unprecedented wind and battery output, as well as minimal coal generation.
  • The data is interactive, shareable, and supported by historical charts for better understanding.
  • Perfect for journalists, researchers, policymakers, and energy aficionados.
  • Part of a larger movement towards open, verifiable energy information in Australia.
  • Live updates can be accessed via social media platforms on X and Bluesky.

Innovative Digital Resource Enables Australians to Monitor Energy Trends Instantly

The transparency of Australia’s energy transition has received a significant enhancement with the introduction of the ‘Records’ feature on the Open Electricity platform. Developed by The Superpower Institute, this resource demystifies the intricate realm of electricity data by showcasing key events in real-time—such as peak renewable output or minimal fossil fuel usage.

Real-time energy monitoring tool for Australians

Every newly established record features a shareable link and a detailed graph that offers historical context, facilitating the visualization and comprehension of Australia’s energy transformation. This proves particularly advantageous for media personnel, academics, and stakeholders in climate policy who require accurate, timely data readily available.

Recent Key Energy Milestones Documented

Open Electricity has already documented several significant accomplishments within the National Electricity Market (NEM):

  • Queensland Wind Generation Peak: Achieved 1054 MW on April 8th.
  • NSW Coal Generation Low: Fell to 1445 MW on April 5th.
  • Victoria Battery Discharge Record: Reached 515 MW on April 5th.
  • National Battery Charging Record: Totalled 5050 MWh on April 4th across the NEM.
Open Electricity platform tracks renewable energy records

Instant Insights for a Sustainable Future

Baethan Mullen, CEO of The Superpower Institute, underscored the significance of the tool in grasping Australia’s energy transition:

“Open Electricity lays bare the evolution of Australia’s energy system. It’s a vital tool for monitoring changes and trends in real-time, serving journalists and the public by providing data as it unfolds. With immediate insights into the effectiveness and advancement of the electricity system, we can track Australia’s journey towards the vast economic potential of becoming a global frontrunner in green energy.”

More Than Records: A Comprehensive Suite of Energy Tools

Although the new ‘Records’ feature is generating buzz, Open Electricity encompasses more than just this one tool. It represents an evolution of the previously well-received OpenNEM platform and is equipped with a variety of insightful capabilities:

Immediate NEM Analysis

Monitor live information regarding electricity prices, emissions intensity, and generation types across the NEM.

Future Scenarios Explorer

Investigate decarbonisation pathways outlined by the Australian Energy Market Operator (AEMO), aiming for net-zero emissions by 2050.

System Overview

Track carbon intensity and electricity flow among Australian states, offering users a detailed energy perspective by state.

Analysis Hub

Gain access to expert observations and data evaluations centered on Australia’s clean energy shift and its policy ramifications.

Fostering Open, Verifiable Energy Data

Open Electricity is an integral part of The Superpower Institute’s broader initiative for Open, Accessible, Auditable Data (OAAD). It complements other transparency resources, such as the Open Methane platform, launched in October 2024, which monitors methane emissions in Australia.

To keep up to speed, users can follow specialized accounts on X (formerly Twitter) and Bluesky, which automatically broadcast new energy records as they are identified by the platform.

Discover the tool at openelectricity.org.au/records.

Conclusion

Australia’s move towards clean energy has found a robust ally in Open Electricity’s latest Records feature. This innovative tool provides real-time insights into the nation’s transition away from fossil fuels and towards renewable energy sources. Featuring informative graphs, live data, and expert analysis, the platform is poised to become a key component in promoting energy transparency and informed policymaking. It narrates the journey of a nation striving for a sustainable, green future.

Q: What is the Open Electricity platform?

A:

Open Electricity is a live data platform that visualizes energy trends within Australia’s National Electricity Market (NEM). It offers users tools to monitor energy generation, emissions levels, system performance, and emerging renewable energy records.

Q: Who is behind Open Electricity’s development?

A:

The platform was created with the assistance of The Superpower Institute, a research entity dedicated to fast-tracking Australia’s clean energy transition.

Q: What is the objective of the new ‘Records’ feature?

A:

The ‘Records’ feature emphasizes key energy milestones such as peak renewable generation or reduced dependence on coal. It enables users to track progress and share accomplishments in real-time alongside contextual historical data.

Q: How does the tool contribute to Australia’s net-zero initiative?

A:

By offering transparent and easy-to-understand data, Open Electricity enables decision-makers, journalists, and the public to monitor and comprehend the country’s advancements towards its net-zero ambitions, fostering accountability and informed dialogue.

Q: Can I receive updates on energy records without visiting the website?

A:

Absolutely. Open Electricity maintains active accounts on X and Bluesky, sharing new records as they emerge, allowing users to stay informed through social media.

Q: How does this platform stand apart from OpenNEM?

A:

Open Electricity represents the next evolution of the OpenNEM platform. It has been revamped with extra features, an enhanced user interface, and expanded analytical capabilities, including record tracking and future scenario exploration.

Q: What does OAAD mean and how does Open Electricity correspond with it?

A:

OAAD signifies Open, Accessible, Auditable Data. It’s a principle advocated by The Superpower Institute to ensure transparency within environmental and energy data. Open Electricity is one of several instruments supporting this initiative, along with platforms like Open Methane.

Uniden Collaborates with Ivygo to Enhance Safety and Intelligence in Australian EV Charging


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Quick Overview

  • Uniden collaborates with Sydney’s EV platform ivygo to enhance safety and security in community-based EV charging.
  • ivygo facilitates peer-to-peer EV charger sharing throughout Australia, increasing accessibility for EV charging.
  • Uniden’s surveillance cameras and dash cams will be integrated into the ivygo network for enhanced security.
  • Starting May 2025, ivygo users will receive exclusive discounts on Uniden products.
  • This collaboration supports the expanding EV market in Australia, which sees nearly 10% of new vehicles as electric.
  • ivygo’s national expansion begins in Sydney and will proceed across the country following the Project 2515 initiative.

Transforming EV Charging Security Through Strategic Alliance

Leading Australian consumer electronics firm Uniden has teamed up with the cutting-edge EV platform ivygo to improve safety, security, and user confidence within the burgeoning electric vehicle (EV) landscape. This partnership signifies a vital advancement in the development of peer-to-peer (P2P) charging infrastructure across Australia, responding to the rising necessity for dependable and secure EV charging solutions.

Uniden and Ivygo partnership enhances EV charging security in Australia

How ivygo is Making EV Charging More Accessible

A Decentralised Charging Model

ivygo’s groundbreaking model empowers typical Australians—be they homeowners or business operators—to share their personal EV charging stations with others through an efficient mobile platform. This decentralised method not only increases access to chargers but also encourages EV adoption by alleviating worries regarding charger shortages.

Bridging the Infrastructure Gap

The Australian Electric Vehicle Association (AEVA) identifies that one of the main hurdles for EV adoption is the inadequate access to reliable charging facilities. While public charging networks cannot keep up with demand, ivygo’s approach provides a practical alternative by utilizing underused private chargers.

Uniden’s Security Solutions: A Major Shift for EV Charging

Improved Monitoring for Hosts

This collaboration enables ivygo hosts to access Uniden’s range of security cameras, allowing them to monitor charging stations in real-time. This capability ensures that hosts can confidently offer their chargers while safeguarding their property against misuse or vandalism.

Security for EV Drivers

For EV drivers, Uniden’s dash cams offer an additional layer of protection on the road and while charging. This is particularly beneficial in residential neighborhoods or during overnight charging, when concerns about theft or tampering may be elevated.

Special Deals for Users

Starting in May 2025, all ivygo users will qualify for exclusive discounts on select Uniden security products. This initiative aims to promote the adoption of the technology and further enhance the network’s reliability and safety.

Significance of This Collaboration: EV Adoption in Australia

Growing Demand for Charging Solutions

In 2024, Australian EV sales reached a record high, with over 114,000 electric vehicles sold—accounting for 9.65% of all new car sales. This escalating adoption is placing strain on current infrastructure, highlighting the necessity for scalable, community-supported solutions like ivygo.

Project 2515 and Future Developments

ivygo is currently undergoing beta testing in Sydney, with plans for national rollout beginning in mid-2025. The initial emphasis will be on advancing Project 2515, an electrification initiative aimed at turning Greater Western Sydney into a region ready for EVs. Subsequent to this, ivygo intends to extend its model across both metropolitan and regional Australia.

Conclusion

The Uniden-ivygo partnership represents a timely and strategic union that tackles two major challenges faced in Australia’s EV sector: charging accessibility and safety. By merging Uniden’s established security technology with ivygo’s peer-to-peer platform, this initiative empowers both hosts and drivers with the assurance needed to engage in a communal, future-focused EV landscape. As Australia speeds toward electrification, such collaborations are essential for fostering sustainable, inclusive growth in infrastructure.

Q: What is ivygo and how does it operate?

A:

ivygo is an Australian peer-to-peer EV charging platform that enables individuals and businesses to share their private charging stations with fellow EV drivers. Users can book and pay for charging sessions through the ivygo app, enhancing accessibility and decentralization of EV charging.

Q: What is Uniden’s function in this collaboration?

A:

Uniden provides its security cameras and dash cams to be integrated with the ivygo platform. These tools assist hosts in overseeing their charging stations and allow drivers to capture their journeys and charging experiences for enhanced safety and documentation if necessary.

Q: Why is this collaboration important for EV adoption in Australia?

A:

As EV ownership increases, Australia faces an urgent need for secure and accessible charging options. This partnership addresses critical issues—availability and security—fostering community trust and promoting broader EV adoption.

Q: When will ivygo users gain access to Uniden’s products?

A:

Starting in May 2025, ivygo users will gain access to exclusive offers on Uniden’s security cameras and dash cams.

Q: What is Project 2515 and how does it relate to ivygo’s expansion?

A:

Project 2515 is an electrification initiative centered on Greater Western Sydney, with the goal of making the area a frontrunner in EV readiness. ivygo will prioritize this project during its initial full-scale rollout before expanding to other national regions.

Q: How does this collaboration enhance the charging experience?

A:

By utilizing Uniden’s technology, hosts can monitor their chargers remotely, while drivers enjoy increased security during their charging sessions. This minimizes friction, enhances trust, and fosters a more seamless, contactless charging experience.

Q: Is the ivygo platform available outside of Sydney?

A:

Currently, ivygo is undergoing beta testing in Sydney. National expansion is slated for mid-2025, starting with areas involved in Project 2515.

Q: How can users find out more or sign up?

A:

Interested users can visit ivygo.com.au to discover more about the platform, join the waitlist, or become a charger host.

Sharpening Attention: The Key to Enhanced Endpoint Security


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Quick Overview

  • Endpoint vulnerabilities such as stolen credentials and outdated software present significant risks.
  • Unauthorized applications and ineffective endpoint oversight provide entry points for cybercriminals.
  • Optimal endpoint security practices involve approved software, user training, and suitable controls.
  • Security measures shouldn’t hinder daily tasks—employee satisfaction is crucial to adherence.
  • Organisations should concentrate on their 2–3 most pressing cybersecurity threats rather than diluting resources.
  • Collaborating with reliable cybersecurity experts aids in sustaining strong endpoint protection.
  • customising solutions to your organisation’s risk profile guarantees efficient and comprehensive security.

Grasping the Landscape of Endpoint Security in Australia

In the rapidly evolving digital landscape, businesses across Australia encounter an increasing array of threats. From hacked credentials to flaws in outdated software, threat actors are devising more strategies to exploit endpoints—the devices that link users to corporate networks. With the sophistication and frequency of cyberattacks escalating, endpoint security has become fundamental to robust cybersecurity frameworks.

Enhancing Endpoint Security in Australian Enterprises

The Three Primary Endpoint Security Obstacles

Peter Soulsby, Cybersecurity Lead at Brennan, points out three key threats to endpoint security:

  • The use of unapproved software
  • Users being tricked by phishing or social engineering schemes
  • The absence of top-notch endpoint protection technologies

These challenges facilitate opportunities for cybercriminals to penetrate networks, exfiltrate data, or hinder operations. The Australian Cyber Security Centre (ACSC) reports that the typical expense associated with cybercrime for Australian businesses has surged to over $39,000, with endpoint breaches comprising a substantial portion of these occurrences.

The Necessity of Balancing Security and Usability in Endpoint Management

Proper endpoint management entails more than deploying antivirus programs. It involves ongoing oversight, patch management, and access controls provided by an internal team or a dependable partner. Soulsby cautions that if security measures impede productivity, users may seek ways to circumvent controls—often resulting in even larger vulnerabilities.

Striking a balance between usability and security is essential. Solutions must enable employees to complete their tasks without undermining the organisation’s defenses. This entails crafting policies that allow approved applications while mandating regular software updates without disrupting daily operations.

Selecting Appropriate Cybersecurity Solutions

As a steady stream of cyber threats surfaces in the news, businesses can become easily inundated. Soulsby recommends refraining from attempting to address every conceivable vulnerability or risk. Instead, he advocates for a strategic approach: evaluate your own vulnerabilities, consider the advantages and drawbacks of various solutions, and utilize only what is relevant to your operational environment.

This aligns with guidance from cybersecurity organisations like the ACSC, which advises businesses to prioritise based on their unique threat landscape and industry specifications. For instance, healthcare organisations may concentrate on data encryption and access restrictions, whereas retail businesses might focus on safeguarding point-of-sale systems.

Concentrating on the Key Issues

Trying to resolve every security shortcoming simultaneously can lead to diluted efforts and escalated costs. Soulsby highlights the necessity of focusing on the top two or three critical threats that your organisation encounters. Mastering a limited number of tasks, he asserts, is significantly more effective than performing a multitude of tasks ineffectively.

This focused approach not only simplifies budgeting but also ensures that the most vulnerable assets receive priority protection. This is particularly relevant in the current economic context, where organisations are tasked with doing more with fewer resources.

The Importance of Trusted Partners in Endpoint Security

Collaborating with a cybersecurity provider can grant access to advanced tools, continuous support, and expert advice. For Australian SMBs lacking the internal capacity to operate a comprehensive security team, this could be pivotal in maintaining protection without exceeding budgetary constraints.

By harnessing the expertise of trusted partners, organisations can proactively anticipate emerging threats, comply with regulatory frameworks such as the Australian Privacy Principles (APPs), and mitigate risks associated with data breaches and system downtimes.

Conclusion

Endpoint security is essential rather than optional. With a growing number of Australians working remotely and the acceleration of digital transformation, securing endpoints on the network’s edge is vital to avert data loss and business interruptions. By concentrating on a limited number of high-priority risks, employing tailored solutions, and partnering with knowledgeable allies, organisations can develop a resilient cybersecurity stance that fosters both security and productivity.

Q: What are the prevailing threats to endpoints currently?

A:

The most prevalent threats consist of unauthorized software installations, social engineering ploys such as phishing, and the usage of outdated or inadequate endpoint protection tools.

Q: Why is endpoint security increasingly critical now?

A:

As remote work grows, BYOD policies proliferate, and cloud-based services expand, endpoints have emerged as key targets for cybercriminals. They act as gateways to corporate networks and must be secured to avert breaches.

Q: How can organisations maintain a balance between security and usability?

A:

Establish security measures that do not disrupt user workflows. Implement automation for patch management and application controls to alleviate friction and enhance compliance.

Q: What does the term “fit-for-purpose” solutions imply in cybersecurity?

A:

Fit-for-purpose solutions are customised to meet an organisation’s specific risks, requirements, and resources. Rather than investing in the most sophisticated tools, businesses should select options that align with their operational realities and risk profile.

Q: Is it advisable to confront all cybersecurity threats equally?

A:

No. Attempting to address too many threats simultaneously can dilute resources. It’s more effective to prioritise and concentrate on the top two or three most significant risks for your business.

Q: How can smaller Australian enterprises enhance endpoint security within tight budgets?

A:

They can collaborate with managed security service providers (MSSPs), leverage cloud-based endpoint protection platforms, and apply government-recommended frameworks such as the ACSC’s Essential Eight.

Q: What part do employees play in endpoint security?

A:

Employees serve as both the first line of defence and the most vulnerable link. Educating them to identify phishing attempts, avoid unapproved applications, and adhere to security policies is critical for safeguarding endpoints.

Q: Where can organisations find dependable cybersecurity resources in Australia?

A:

Websites such as techbest.com.au and the ACSC’s platform offer tools, frameworks, and updates that assist businesses in remaining knowledgeable and shielded from cyber threats.

Aussie Broadband Reveals Bold New Technology Plan for the Future


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Brief Overview

  • Aussie Broadband initiates a six-part technology blueprint to drive future expansion
  • Aims for a 35% revenue hike and 11% NBN market share by 2028
  • Significant focus on cybersecurity, innovation, and upgrading internal cloud systems
  • Buddy brand to act as a testing ground for digital and AI advancements
  • Telecommunications company readies for NBN Co’s upgrade in speed plans and SoCI adherence
Aussie Broadband unveils futuristic technology strategy

CTO Brad Parker addresses attendees at Aussie Broadband’s investor day event.

Six Key Pillars for Technological Advancement

Aussie Broadband has introduced a detailed six-pillar tech strategy aimed at bolstering its growth targets until 2028. The initiative, led by Chief Technology Officer Brad Parker, concentrates on:

  • Intrinsic Security
  • Strategy and Architecture
  • Technology Transformation
  • Technology Innovation
  • Operational Excellence
  • Delivery Excellence

This strategy complements the company’s larger ‘Look to 28’ initiative, which aspires to achieve a 35% boost in revenue and an 11% share of the NBN market over the next three years. Parker stressed the necessity of aligning IT efforts with corporate objectives, cautioning that many businesses lose sight of purpose-driven innovation.

Security and Trust at the Helm

Security plays a crucial role in Aussie Broadband’s plans. The firm is set to significantly bolster its cybersecurity measures in response to increasing risks in the telecommunications industry. Key strategies involve:

  • Expansion of its Security Operations Centre (SOC)
  • Establishment of a comprehensive identity management framework
  • Adoption of Secure Access Service Edge (SASE) architecture
  • Enhanced vulnerability management and encryption techniques
  • Strong data loss prevention and endpoint protection

Parker reaffirmed the value of trust, noting that Aussie Broadband is classified as critical infrastructure as per Australia’s SoCI Act. Consequently, the company must adhere to stringent cybersecurity standards and reporting expectations, which it is actively meeting ahead of deadlines.

Advancing Technology Transformation

Through the technology transformation pillar, Aussie Broadband is consolidating its core systems to enhance performance, resilience, and operational efficiency. This includes:

  • Updating OSS/BSS platforms
  • Integrating voice service systems from acquired businesses
  • Revamping internal cloud and network frameworks

These actions are critical as the firm gears up for NBN Co’s implementation of higher speed tiers in September 2024. Transitioning from legacy copper to fibre-to-the-premises (FTTP), Aussie Broadband intends to distinguish itself based on service quality, in-home experience, and over-the-top (OTT) functionalities.

Buddy: An Innovative Digital Hub

The digital-centric brand Buddy will function as an innovation incubator for new technologies. Parker disclosed that Buddy will test AI and digital solutions prior to wider adoption in the company. Focus areas encompass:

  • AI-enhanced customer support solutions
  • Smart home integration experiences
  • Generative AI for improving internal operations

By housing experimental technologies in a controlled setting, Aussie Broadband seeks to create tangible benefits while steering clear of the hype surrounding unproven tech trends.

Establishing Internal Cloud Infrastructure

Aussie Broadband has commenced the deployment of operational workloads within its nascent internal cloud platform. Initially created to decrease dependence on conventional data centers and phase out older virtualization systems, the internal cloud also mitigates risks associated with VMware’s acquisition by Broadcom.

The internal cloud presents:

  • Accelerated deployment cycles—from months to mere hours
  • Enhanced availability, resilience, and support for diverse workloads
  • Significant cost reductions by moving away from traditional computing platforms

This platform serves as the foundation for many of Aussie’s forward-looking projects, offering scalable infrastructure to back applications, services, and widespread innovation.

Conclusion

Aussie Broadband’s six-pillar strategy illustrates an ambitious, tech-centric roadmap aimed at cementing its position among Australia’s leading telecommunications players. With a sharp focus on security, cloud advancement, innovation, and responsiveness to shifting market needs, the company is set to thrive in an evolving digital environment. The utilization of Buddy as a testing ground for innovation and the establishment of an internal cloud infrastructure underscore Aussie Broadband’s ambition to lead rather than merely follow in Australia’s telecom landscape.

Common Inquiries

Q: What constitutes the six pillars of Aussie Broadband’s technology strategy?

A:

The six pillars comprise Intrinsic Security, Strategy and Architecture, Technology Transformation, Technology Innovation, Operational Excellence, and Delivery Excellence.

Q: What is the ‘Look to 28’ business initiative?

A:

‘Look to 28’ represents Aussie Broadband’s three-year growth strategy, aiming for a 35% increase in revenue and an 11% market share of the NBN by 2028.

Q: How is Aussie Broadband tackling cybersecurity?

A:

The company is expanding its SOC, implementing identity management frameworks, deploying SASE, and improving encryption, data loss prevention, and endpoint security. It is also adhering to Australia’s SoCI regulations for critical infrastructure.

Q: What function does Buddy serve in Aussie Broadband’s strategy?

A:

Buddy is a digital-first sub-brand utilized as a laboratory for testing innovative technologies, including AI and customer experience enhancements, before broader integration across the company.

Q: Why is Aussie Broadband establishing its internal cloud?

A:

The internal cloud reduces dependence on traditional hosting solutions, accelerates deployments, and mitigates costs and risks linked to VMware’s acquisition by Broadcom. It also effectively supports a wide array of modern workloads with greater efficiency.

Q: How is Aussie preparing for changes to NBN Co’s speed plans?

A:

By modernizing backend systems and prioritizing customer experience, Aussie aims to create a distinct position in a landscape where speed alone is no longer a significant differentiator.

Q: What differentiates Aussie Broadband’s approach to technology?

A:

In contrast to many companies that embrace technology for its own sake, Aussie ensures that its technology initiatives are directly aligned with business goals, guaranteeing measurable value and strategic coherence.

Cbus Sees Spike in Strange Login Attempts, Raising Cybersecurity Alarm


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Quick Overview

  • Cbus acknowledges rise in peculiar log-in attempts, activating MFA for users
  • A limited number of accounts are believed to be affected and have been proactively suspended
  • This incident follows cyber incidents involving other Australian superannuation funds, including AustralianSuper, Rest Super, and Insignia Financial
  • Funds report heightened member anxiety due to global market instability
  • Ongoing investigations aim to determine if the incidents are linked
  • Members are advised not to worry about balance variations—may be market-related

Cbus encounters increase in suspicious log-in activity leading to security warnings

Super Funds Under Attack: Cbus Acknowledges Targeted Cyber Activity

Cbus, an Australian superannuation fund, has reported that it is the latest financial institution to face a surge of unusual cyber activity, stating an “uncharacteristically high rise in log-in attempts” that led to multi-factor authentication (MFA) prompts for several users. Although this harmful activity has not been linked to a known breach yet, it has heightened fears about the cybersecurity resilience of the nation’s super sector.

Cbus indicated that a “small number of accounts might have been affected” and were swiftly deactivated as a precautionary measure. Affected members are currently contacted as part of the fund’s action plan. This attack followed closely after similar reports from other major funds, raising concerns about a potential coordinated attack against Australia’s superannuation sector.

Numerous Super Funds Facing Ongoing Cybersecurity Threats

Cbus is not isolated in confronting this risk. AustralianSuper, Rest Super, and Insignia Financial have all reported relevant cyber activity. Insignia confirmed one of its platforms used by financial advisers was specifically targeted. Each fund has released statements acknowledging these incidents, however, the extent and origin of the threats are still under investigation.

Both the Australian Prudential Regulation Authority (APRA) and the Australian Cyber Security Centre (ACSC) have been informed and are likely to assist in coordinating the sector’s response. These attacks emerge amid rising global cyber threats in the financial sector, coinciding with increasing geopolitical tensions and sophisticated cybercrime groups targeting personal and financial data.

Market Instability Amplifies Member Worries

Compounding the situation is the timing of the attacks, which have coincided with substantial volatility in global financial markets. Cbus and other funds have seen a spike in member inquiries, particularly related to unexpected changes in account balances. The funds have promptly clarified that in most instances, these fluctuations are likely attributable to market dynamics rather than fraudulent actions.

AustralianSuper’s public advisory encouraged members to stay calm, noting, “If you notice a decrease in your account balance that you didn’t anticipate, this doesn’t necessarily indicate fraudulent or suspicious activity on your account.” The fund stressed that market fluctuations are a normal aspect of long-term investing, especially during times of international economic turbulence.

Security Strategies and Member Assurance

All affected super funds have adopted multi-factor authentication measures and are actively observing for any further suspicious activities. Cbus has pointed out that the surge in log-in activity coincided with increased member engagement, which may be tied to market apprehensions rather than a widespread breach.

In an effort to reassure members, AustralianSuper’s Chief Technology Officer Mike Backeberg shared a video outlining the fund’s cybersecurity measures and ongoing investigations. It’s evident that transparency and member communication are priorities in the sector’s response.

The Wider Threat to Australia’s Financial System

The recent series of cyber incidents targeting superannuation funds highlights broader vulnerabilities within Australia’s financial framework. According to the ACSC’s Cyber Threat Report 2022–23, there was a 23% rise in reported cybercrime impacting financial services nationwide. Threat actors are increasingly exploiting stolen credentials, phishing schemes, and botnets to infiltrate secured systems.

Industry professionals suggest that funds should invest more significantly in threat detection, endpoint security, and member education to mitigate the risk of security breaches. Additionally, superannuation members are encouraged to activate MFA, use robust passwords, and remain cautious about phishing emails or SMS impersonations.

Conclusion

Australia’s superannuation industry is under increased cybersecurity threats amidst a coordinated series of suspicious log-in attempts. Cbus is the latest fund to acknowledge a targeted incident, joining AustralianSuper, Rest Super, and Insignia Financial. While it seems only a few accounts were affected, these events raise significant concerns about the sector’s digital resilience. Members are urged to remain calm regarding market-related balance changes and to adhere to best practices in securing their accounts.

Q: What precisely happened at Cbus?

A:

Cbus recorded an unusual spike in log-in attempts, which prompted multi-factor authentication for certain users. A small number of accounts might have been compromised and were proactively deactivated.

Q: Are other super funds facing similar challenges?

A:

Yes. AustralianSuper, Rest Super, and Insignia Financial have all acknowledged related incidents. Investigations are ongoing to ascertain whether the attacks are coordinated.

Q: Is my super balance at risk?

A:

Most balance changes are likely related to global market volatility. Funds have clarified that these are not necessarily the result of cyber breaches. However, members should continue to monitor their accounts regularly.

Q: What should members do if they suspect unusual activity?

A:

Members should reach out to their super fund immediately, review recent account transactions, and change their password. Activating multi-factor authentication is also strongly recommended.

Q: How are the funds responding to the threat?

A:

Funds are collaborating with cybersecurity specialists and government agencies. They have initiated further monitoring and enhanced communication to reassure members.

Q: Could the incidents be associated with stolen credentials?

A:

It’s a possibility. Cybercriminals frequently utilize stolen log-in information obtained from unrelated breaches or phishing attacks to try to gain access to financial platforms.

Q: Are the attacks still ongoing?

A:

Investigations continue. While the initial influx has been addressed, the changing landscape of cyber threats keeps funds on high alert.

Q: Where can I find more information?

A:

Visit your super fund’s official website or TechBest (techbest.com.au) for ongoing news and updates on cybersecurity.

Monash College Examines 60 Scenarios Within a Week Due to Uncertainty Surrounding International Student Cap


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Brief Overview

  • Monash College adopted IBM Planning Analytics to enhance its financial planning and scenario modeling capabilities.
  • This upgrade enabled the college to simulate 60 scenarios within a week amid governmental uncertainty regarding student enrolment limits.
  • Previously, modeling each scenario required a full week due to manual processes reliant on Excel.
  • The transformation encompassed enhancements to ERP systems, procure-to-pay processes, and performance management tools.
  • Excel continues to be a crucial instrument used in conjunction with Planning Analytics for straightforward analysis.
  • The finance team now takes ownership of the planning system, allowing for quicker adaptations and increased agility.
  • Monash College has reduced its month-end closing time from four days to two, with forecasts now finalized in just two days.

Monash College Adopts Digital Transformation to Address International Student Cap Constraints

Monash College simulates international student cap impact with IBM Planning Analytics

Revamping Financial Operations with IBM Planning Analytics

Core Enterprise Overhaul

In mid-2023, Monash College initiated a comprehensive transformation in finance, revamping almost every core system. With assistance from consulting partner Cubewise, the college integrated IBM Planning Analytics—previously referred to as TM1—as a contemporary enterprise performance management (EPM) solution. This initiative aimed to boost forecasting abilities, financial adaptability, and scenario modeling.

Replacing Outdated Systems

The transformation featured significant upgrades to its enterprise resource planning (ERP), procure-to-pay systems, assurance software, and payment solutions. Most importantly, it substituted an obsolete planning tool that had become inefficient and unreliable for immediate forecasting. Even with a premium spent on this legacy tool, most financial operations remained tied to Microsoft Excel.

Excel’s Continued Importance

While IBM Planning Analytics now oversees essential forecasting and modeling tasks, Excel remains an integral part of the finance team’s everyday toolkit. Associate director of financial services and transformation Michael Williamson states that Excel and Planning Analytics are “complementary.” He suggests that eliminating Excel entirely would be unwise, highlighting its adaptability and user familiarity.

Adaptable Scenario Planning Amid Government Caps

Rapid Scenario Modeling

In late 2023, the Australian federal government proposed caps on international student enrolments—a significant policy shift considering international students make up a substantial portion of Monash College’s demographic. The college swiftly responded by running 50 to 60 financial scenarios within just one week to evaluate potential revenue consequences. This responsiveness was enabled by the new Planning Analytics system.

Turning Weeks into Days

Prior to the overhaul, Monash College would require up to a week to execute just one scenario. Now, with automated data flows and integrated modeling, they can quickly conduct analyses involving multiple scenarios. The system permits a single input adjustment to affect workforce planning, operational costs, and financial reports.

Accelerated Reporting and Forecasting Cycles

Streamlined Monthly Closure

The transformation has greatly sped up the college’s financial reporting timelines. The month-end closing period has decreased from four days to two, and forecasting turnaround has been slashed from two weeks to two days. This enhancement empowers Monash College to react to market changes and policy adjustments more effectively.

Enabling Finance Teams Through Ownership

Managing Change Internally

A significant drawback of the prior system was that it couldn’t be entirely governed by the finance team, especially regarding updates to business rules. With IBM Planning Analytics, finance professionals now possess the freedom to implement changes without relying on IT support. This flexibility is crucial in a sector that frequently adjusts to new government policies and academic programs.

Agile Business Decision Making

The college regularly initiates new projects driven by innovative concepts. Having a system capable of quickly assessing the long-term financial implications of these projects is critical. Whether launching a new course or reacting to external disruptions like changes in visa policies, Monash College can now evaluate its alternatives swiftly and assuredly.

The Importance of Planning Systems in Digital Transformation

Beyond ERP: Planning as a Strategic Resource

While organisations often prioritize ERP upgrades, Williamson contends that planning systems like IBM Planning Analytics offer even more significant value for strategic decision-making. Effective enterprise performance management (EPM) solutions extend beyond mere compliance—they facilitate forecasting, scenario modeling, and resource optimization on a large scale.

Conclusion

Monash College has established a new standard in financial agility and planning by integrating IBM Planning Analytics during a period of considerable policy uncertainty within the Australian education landscape. By substituting outdated systems, empowering its finance team, and maintaining a pragmatic approach to tools like Excel, the college has significantly enhanced its capacity to forecast, report, and adapt to changes. The capability to simulate 60 scenarios in one week showcases the success of this digital transformation.

Common Questions

Q: Why did Monash College replace its planning system?

A:

The former system was outdated, inefficient, and could not be fully managed by the finance team. Most tasks were still performed using Excel, and scenario modeling was slow and labor-intensive.

Q: What system did they implement and why?

A:

Monash College deployed IBM Planning Analytics (previously TM1), which provides integrated forecasting, modeling, and an easy-to-use Excel interface. It allows for quick scenario analysis and real-time financial planning.

Q: How did the federal government’s cap on international students impact the college?

A:

The cap represented a significant threat to revenue, prompting the college to simulate 50–60 scenarios in one week to gauge and prepare for potential financial repercussions.

Q: Is Excel still utilized by the finance team?

A:

Yes. While IBM Planning Analytics manages core modeling, Excel remains an essential tool for simpler calculations and daily analyses. The two systems function together effectively.

Q: How has the transformation enhanced reporting?

A:

The monthly closure time has been cut in half from four days to two, and forecasting can now be completed in two days—a process that previously exceeded two weeks.

Q: Who oversees the new planning system?

A:

The finance team now owns and governs the planning system, granting them the ability to update business rules and modify the tool as the institution evolves.

Q: Why is scenario planning vital in the education sector?

A:

Educational institutions frequently encounter changes in policy, student demographics, and funding. Scenario planning equips them to prepare for various outcomes and make informed strategic choices.

Q: How does this transformation benefit international students?

A:

By ensuring financial stability and responsiveness, Monash College can better plan for student services, course offerings, and resource distribution—fostering a consistent and high-quality experience for international learners.