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ATH-TWX7BK Wireless Earbuds Review


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Audio-Technica TWX7BK Wireless Earbuds, ATH-TWX7BK

Australian Government Poised to Relaunch myGovID as myID


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Australian Government to Rename myGovID as myID: Implications for You

The digital identity application of the Australian Government, myGovID, is set to be rebranded as myID. This update seeks to simplify the user experience by minimizing the confusion between the myGovID app and the myGov online portal. Discover how this change impacts your app usage and what features will remain unchanged.

Quick Overview

  • Renaming: myGovID is transitioning to myID.
  • Security of Identity: The rebranding is intended to alleviate confusion and improve security.
  • No Need for Action: Your login credentials and identity verification strength will stay the same.
  • Easy Update: The app will auto-update, or you can opt for a manual update.
  • Ongoing Access: You can continue to use all services, including myGov and the ATO, with myID.

Reason for the Rebranding?

The Australian Government launched the myGovID app in May 2019 to simplify identity verification access to government services. However, the similar names of myGovID and myGov—the government’s online service platform—led to confusion among numerous users. The change to myID seeks to resolve this by offering a more distinct separation between the digital identity application and the online service portal.

What is myGovID?

myGovID is essentially a digital equivalent of the conventional 100-point ID verification system that Australians know well. It enables users to log into a range of government services, such as the Australian Taxation Office (ATO) and myGov, by confirming their identity via a smartphone or tablet. Since its inception, the app has enjoyed considerable adoption, with over 14.7 million Australians utilizing it by mid-2022, accounting for around 71% of the adult population.

What Does This Transition Mean for You?

If you are currently a myGovID user, the upgrade to myID will be smooth. There is no requirement to set up a new account or modify your login details. Your identity strength and all verified information will seamlessly transfer to the newly branded app, ensuring uninterrupted access to government services.

Automatic Updates

The app will upgrade to myID automatically. However, if you would prefer to update manually, you can do this through the App Store or Google Play. Regardless of the method, the update process will be straightforward, and you will retain all data and access throughout the transition.

Continued Access to Government Services

After the update is completed, you’ll still be able to use the app to securely log in to various online government services, including myGov and the ATO. Should you see both myID and myGovID during the transition, there is no need for concern—your digital identity will remain fully operational and secure.

Significance of Digital Identity

As online services become more prevalent, securing access to personal information has become increasingly essential. Digital identity verification safeguards Australians against identity theft and fraud by providing a trusted means to verify your identity online. The newly branded myID app continues this effort by delivering an all-encompassing digital ID solution that protects your identity while simplifying access to government services.

Australian Government Set to Rebrand myGovID to myID

Conclusion

The renaming of myGovID to myID is a minor yet significant shift intended to decrease the confusion between myGovID and the myGov online platform. Users will not need to undertake any actions since the app will automatically update, and all login information will remain unchanged. This rebranding underscores the government’s commitment to enhancing user experience while continuing to focus on digital security and identity safeguarding.

Frequently Asked Questions

Q: What is the distinction between myGov and myID?

A:

myGov is an online service platform where you can access diverse government services such as Medicare, Centrelink, and the ATO. myID (previously known as myGovID) is the digital identity application that securely verifies your identity for logging into these services.

Q: Is a new account needed for myID?

A:

No, there is no need to establish a new account. Your existing login credentials and identity verification strength will transition to the newly branded myID app.

Q: Will I lose access during the upgrade process?

A:

No, you will retain access to all services. Your current myGovID app will either auto-update to myID or you can manually initiate the update. In either scenario, your access to services will not be interrupted.

Q: What if I see both myGovID and myID during the transition?

A:

If you encounter both myGovID and myID during the transition, there is no cause for alarm. Your digital identity remains secure, and you can continue using the app to log into government services without any complications.

Q: How does myID safeguard against identity theft?

A:

myID employs advanced encryption along with multi-factor authentication to ensure your identity stays secure while accessing government services. This helps to guard against identity theft and fraud.

Q: Can I access myID on various devices?

A:

Yes, you can utilize myID on multiple devices. Your identity strength and login details will be consistent across all devices where the app is installed.

For further information on how to use myID and its applicable services, visit myID government.

Global Switch Australia Back to Local Ownership in $1.94 Billion Agreement


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Global Switch Australia Reverts to Local Ownership in $1.94 Billion Transaction

Global Switch Australia to revert to local ownership in $1.94bn transaction

Global Switch Australia is preparing to transition back to local ownership as it is acquired by Australian asset manager HMC Capital for approximately $1.94 billion. This deal signifies an important transition in the control of essential digital infrastructure in Australia, especially in light of heightened concerns regarding data sovereignty and security.

Quick Overview

  • Global Switch Australia is being taken over by HMC Capital for $1.94 billion.
  • The deal encompasses two data centres located in Sydney, which will be integrated into a new digital infrastructure platform.
  • The data centres currently boast a capacity of 26MW, with potential enhancements allowing growth up to 88MW through optimisation initiatives.
  • HMC plans to bring the digital infrastructure platform to the ASX via a real estate investment trust (REIT).
  • Global Switch has experienced persistent issues due to its foreign ownership, particularly from governmental clients like Defence.
  • The acquisition will localise Global Switch’s ownership, alleviating these concerns while paving the way for better expansion and update efforts.

A Significant Change in Australia’s Digital Framework

The acquisition of Global Switch Australia by HMC Capital transcends mere financial implications; it marks a pivotal change in the ownership of vital digital infrastructure within the nation. The twin data centres situated near Sydney’s CBD are poised to serve as foundational assets within an overarching digital infrastructure platform. This platform will be managed by a real estate investment trust (REIT) and be listed on the Australian Securities Exchange (ASX), facilitating public investment in this vital infrastructure.

Presently, Global Switch operates at around 26MW capacity, yet HMC Capital has proactively detailed intentions for a “densification and optimisation” project. This endeavor could elevate capacity to 88MW, essentially tripling the data centres’ capability to accommodate growing demand from high-performance computing and AI applications.

Significance of Local Ownership

Having been under foreign control for a significant duration, Global Switch has faced challenges, particularly from its governmental clients. For instance, the Australian Defence Department has contemplated exiting the facility for years due to worries surrounding data sovereignty and security. Other governmental bodies, such as Home Affairs and ASIC, have already initiated steps to vacate Global Switch’s data centres.

This acquisition by HMC Capital is anticipated to mitigate these issues. With Global Switch transitioning to a fully Australian-owned entity, it will be better positioned to fulfil the rigorous demands of various Australian governmental departments, particularly concerning privacy, sovereignty, and security.

Enhancing Capacity and Modernising Infrastructure

Global Switch Australia’s CEO, Damon Reid, has praised the acquisition as a new phase for the company. He underscored the committed investment into modernising the existing infrastructure, centering on enhanced power densities and improved energy and water efficiencies. The planned enhancements are critical as the company strives to accommodate the surging demand for high-performance computing and artificial intelligence (AI) inference workloads.

These anticipated upgrades aim to elevate the company’s IT capacity to approximately 100MW, establishing the Sydney campus as a significant contender in the Australian data centre industry. Moreover, HMC Capital is reportedly considering hyperscale assets in North America to incorporate into the REIT, thereby expanding the company’s international presence.

Alignment with Hosting Certification Framework

A primary focus for the newly Australian-owned Global Switch will be to collaborate closely with the government to secure accreditation through the Hosting Certification Framework. This framework assists Australian governmental departments and agencies in identifying hosting services that satisfy heightened privacy, sovereignty, and security criteria. Attaining certification will be pivotal for Global Switch to retain and attract governmental clients in the years to come.

Conclusion

Global Switch Australia is moving towards local ownership, with HMC Capital taking over for $1.94 billion. This acquisition responds to longstanding issues relating to foreign ownership, specifically from governmental tenants like Defence. The deal includes two data centres in Sydney, which may see capacity rise from 26MW to 88MW through future enhancements. HMC Capital intends to list the data centre assets on the ASX via a real estate investment trust (REIT). The acquisition also encompasses plans for upgrades to support high-performance computing and AI workloads. Additionally, Global Switch will aim to secure government accreditation under the Hosting Certification Framework, further aligning its operations with Australian sovereignty and security needs.

Q: What makes the acquisition of Global Switch Australia important?

A:

The acquisition by HMC Capital is important as it reestablishes critical digital infrastructure under Australian control, addressing ongoing issues related to foreign ownership, particularly in areas handling sensitive government information. This change also lays the groundwork for future growth and modernization of the data centres.

Q: What assets are central to this deal?

A:

The major assets involved are two data centres situated close to Sydney’s CBD. These centres will function as foundational assets for a new digital infrastructure platform that will be listed on the ASX through a real estate investment trust (REIT).

Q: What impact will the acquisition have on Global Switch’s data capacity?

A:

The data centres currently have a capacity of 26MW, but HMC Capital aims to boost this to 88MW via a densification and optimisation initiative. Additional upgrades will expand the total IT capacity to around 100MW to satisfy rising demand for high-performance computing and AI workloads.

Q: What is the Hosting Certification Framework, and why is it significant?

A:

The Hosting Certification Framework is utilized by Australian governmental departments and agencies to identify hosting services that comply with strict privacy, sovereignty, and security standards. Attaining certification under this framework will be vital for Global Switch to keep serving government clients.

Q: How does this acquisition influence governmental clients like Defence?

A:

The acquisition greatly alleviates concerns surrounding foreign ownership for government clients like the Defence Department. With Global Switch now being locally owned, these clients are more inclined to maintain or renew contracts, as the new ownership structure is expected to align more closely with Australian data sovereignty and security requirements.

Q: What are the prospective plans for Global Switch under HMC Capital?

A:

HMC Capital intends to enhance and increase the capacity of the data centres, prioritizing power density, energy efficiency, and water efficiency improvements. Additionally, the company is exploring the acquisition of hyperscale assets in North America to further enrich its digital infrastructure portfolio.

Skullcandy Dime True Wireless in-Ear Earbuds Review


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Skullcandy Dime True Wireless in-Ear Earbuds – Golden Orange

Cyber intrusion into UnitedHealth’s Technology Division Compromises Information of 100 Million Individuals


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Cyberattack on UnitedHealth’s Technology Division Compromises Data of 100 Million Individuals

Cyberattack on UnitedHealth’s tech unit compromises data of 100 million individuals

In an incident recognized as the most extensive healthcare data breach in American history, the February 2023 cyber invasion of UnitedHealth’s technology sector, Change Healthcare, has compromised the private data of 100 million individuals. This breach, executed by the infamous hacking collective ALPHV (also referred to as BlackCat), has reverberated throughout the healthcare sector, interrupting services, and sparking worries regarding the security of sensitive health information.

Quick Overview

  • In February 2023, hackers infiltrated UnitedHealth’s technology division, Change Healthcare.
  • The breach has revealed the personal information of 100 million individuals, marking it as the largest healthcare data breach in American history.
  • The hacking group responsible, ALPHV (BlackCat), is infamous for its advanced ransomware operations.
  • The compromised data may consist of health insurance IDs, social security numbers, and patient health records.
  • UnitedHealth anticipates a cost of US$705 million (AUD$1.06 billion) due to business disruptions stemming from the incident.
  • This breach has caused a significant slowdown in claims processing, affecting patients and providers alike.
  • UnitedHealth is actively informing those impacted and is working to reduce the damage.

ALPHV (BlackCat): A Notorious Cybercriminal Organization

The cyberattack on Change Healthcare was executed by ALPHV, a name well-known in the arena of cyber crime as “BlackCat.” This organization has acquired infamy for its intricate ransomware schemes and has been linked to multiple significant breaches. Typically, ALPHV utilizes sophisticated encryption techniques to hijack systems, demanding a ransom for the decryption of data.

In this particular incident, the assault on Change Healthcare compromised the personal information of 100 million individuals, encompassing health insurance member IDs, social security numbers, diagnostic records, and billing information. The breach not only affected patients but also hindered the functioning of the healthcare system, causing delays in claims processing and generating considerable administrative difficulties for service providers.

Chronology of the Breach

UnitedHealth first disclosed the breach on February 21, 2023, after the hacking group gained access to Change Healthcare. However, it wasn’t until June 2023 that notifications began reaching affected individuals. The US Department of Health’s Office for Civil Rights has recognized this breach as the largest of its kind within the nation.

Repercussions for the Healthcare Industry

Healthcare organizations have consistently been prime targets for cyberattacks owing to the sensitive data they manage. The breach at UnitedHealth serves as a stark reminder that even large corporations equipped with abundant resources can become victims of cybercriminal activity.

In 2015, another prominent health insurer, Anthem (now known as Elevance Health), experienced a breach impacting nearly 79 million individuals. Yet, the 2023 incident involving UnitedHealth’s technology sector, Change Healthcare, surpasses this, affecting 100 million individuals.

Financial Implications and Operational Disruptions

The consequences of the UnitedHealth breach have incurred substantial costs. The company projects a business interruption cost of US$705 million (AUD$1.06 billion) for the fiscal year. This estimate encompasses expenses associated with notifying impacted customers, providing loans to healthcare providers, and managing the disruptions inflicted on claims processing. The company has been disbursing billions of dollars in loans to healthcare providers affected by the breach, emphasizing the extensive repercussions of the attack.

Australia’s Context: Cybersecurity in Healthcare

Although this breach took place in the United States, it carries significant implications for Australia. The global healthcare sector, including Australia, is increasingly becoming a target for cybercriminals. With the expansion of interconnected healthcare systems and digital patient records, the importance of protecting sensitive data has never been more paramount.

The Australian government has been intensifying its efforts to enhance cybersecurity, particularly within critical sectors such as healthcare. Initiatives like the Australian Cyber Security Centre (ACSC) offer guidance and support to organizations on safeguarding themselves from cyber threats. However, as this breach illustrates, even the most robust cybersecurity frameworks can be at risk without ongoing updates and scrutiny.

Conclusion

The cyberattack on UnitedHealth’s technology division, Change Healthcare, impacted the personal data of 100 million individuals, establishing it as the largest healthcare data breach in the United States. This breach, executed by the hacking collective ALPHV (BlackCat), led to widespread disruptions within the healthcare sector, particularly affecting claims processing. UnitedHealth anticipates a business disruption cost of US$705 million (AUD$1.06 billion) as a consequence of the breach. This incident underscores the growing vulnerability of the healthcare field to cyber threats, both in the United States and globally, including Australia.

Q&A: Critical Questions Regarding the UnitedHealth Cyberattack

Q: Who was behind the UnitedHealth data breach?

A:

The hacking collective ALPHV, also known as BlackCat, executed the cyberattack on UnitedHealth’s technology division, Change Healthcare. ALPHV is recognized for its intricate ransomware operations.

Q: What kind of data was compromised in the breach?

A:

The breach compromised the personal information of 100 million individuals. This data may consist of health insurance member IDs, social security numbers, patient health records, treatment details, and billing codes utilized by healthcare providers.

Q: How has the breach impacted UnitedHealth’s operations?

A:

The breach led to significant disturbances in claims processing, impacting both patients and providers. UnitedHealth has incurred considerable financial costs, anticipating a business disruption cost of US$705 million (AUD$1.06 billion) for the year.

Q: When did UnitedHealth start notifying affected individuals?

A:

UnitedHealth commenced notifying those affected in June 2023, several months after the breach was initially reported in February 2023. This notification is a requirement for the company to inform customers whose private data may have been jeopardized.

Q: How does this breach compare to past healthcare data breaches?

A:

This breach stands as the largest healthcare data breach in American history, impacting 100 million individuals. The previous record was set in 2015 when health insurer Anthem (now Elevance Health) was breached, affecting nearly 79 million individuals.

Q: What lessons can Australian healthcare providers take from this breach?

A:

Australian healthcare providers can understand the critical need to strengthen cybersecurity measures to safeguard sensitive patient information. The event highlights the necessity for continual monitoring and updating of cybersecurity protocols. Organizations should also be prepared for the financial and operational ramifications of a potential cyber incident.

Q: What actions is UnitedHealth taking to lessen the breach’s impact?

A:

UnitedHealth has been issuing billions of dollars in loans to healthcare providers impacted by the disruption. The company is also proceeding with notifying affected individuals and working to restore standard operations throughout its systems.

Wireless Earbuds Bluetooth 5.3 with Microphone Review


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True Wireless Earbuds Bluetooth 5.3 with Microphone for Working Out Noise Canceling Blue Tooth Ear Buds Deep Bass TWS Wireless Earphones with Charging Case in Ear Headphone for iPhone Android Black

Tesla is set to deploy a 12-bay Supercharger featuring a solar array and Megapack in Coolac, NSW.


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New Tesla Supercharger and Solar Installation Set for Coolac, NSW

The Beehive Hotel Motel in Coolac, NSW, is poised for a modern transformation, as Tesla plans to launch a 12-bay Supercharger station there. This station will include cutting-edge V4 Superchargers, a solar array, and a Tesla Megapack for renewable energy storage. In this article, we’ll explore all the specifics of this thrilling initiative and its implications for the area and Tesla users.

Quick Overview:

  • Tesla is setting up a 12-bay Supercharger station at the Beehive Hotel Motel in Coolac, NSW.
  • The station will utilize a solar array comprising 176 Canadian Solar panels.
  • A Tesla Megapack will retain energy from the solar array for EV charging and site power.
  • This will be among the few solar-powered Supercharger stations in Australia, providing shelter during charging.
  • The location is a part of a wider initiative to rejuvenate the Coolac community and draw in more visitors.

Tesla’s Upcoming Supercharger Station in Coolac: A Significant Shift

Once the Beehive Hotel Motel in Coolac reopens following renovations, it will transform into more than just a local pub. Tesla has disclosed plans for a state-of-the-art 12-bay Supercharger station at the venue, equipped with the newest V4 chargers. Although Tesla has been broadening its Supercharger network throughout Australia, this station promises to be one of the most sophisticated, integrating solar technology and battery storage.

Solar-Powered

The standout feature of this Supercharger station is its solar array. It will be adorned with 176 Canadian Solar panels, specifically the CSI CS6W-555MS model. Each panel delivers 555 Watts, resulting in a substantial solar capacity of 97.68 kWp. The energy produced by these panels will be converted via Sungrow Solar SG50CX and SG30CX inverters, establishing the station as a symbol of renewable energy.

This solar array will not only power the Superchargers, but it will also provide drivers with a remarkable advantage: shelter while charging their vehicles. This is a rare attribute among the over 100 Tesla Supercharger sites in Australia, many of which are exposed to the elements.

Megapack: Accumulating Solar Energy for Later Use

Along with the solar setup, the Coolac site will feature a Tesla Megapack. This substantial battery system will hold surplus solar energy generated during daylight, which can then be utilized for vehicle charging in the evening or during less sunny days. The retained energy may also assist in powering other sections of the site, such as the Beehive Hotel Motel and any additional lodging facilities built in the future.

While Tesla has implemented Megapacks in a variety of global locations, this may be one of the first occasions a Megapack is used alongside a Supercharger station in Australia. This synergy of renewable energy production and storage could establish a groundbreaking benchmark for forthcoming EV charging stations nationwide.

Coolac’s Revitalization: More Than Just a Tavern

The Beehive Hotel Motel has witnessed better times, but this initiative could rejuvenate both the establishment and the nearby community. Once renovations are finalized, the integration of a contemporary pub and a high-tech Tesla charging station is anticipated to attract more visitors to the region, enhancing local commerce and tourism.

Coolac, a quaint town in New South Wales, stands to gain from this surge of activity. The Supercharger station is expected to become a vital stop for EV drivers on lengthy journeys, potentially bolstering foot traffic in the vicinity and supporting local enterprises.

Development Challenges

Projects of this scale require significant time and effort. Tesla had to navigate numerous regulatory hurdles to bring this site to fruition. The development phase necessitated a myriad of reports and analyses, including aboriginal and heritage studies, environmental impact reviews, and soil examinations, among others. This careful planning ensures that the undertaking is not just practical but also sustainable and considerate of the local landscape and heritage.

Conclusion

Tesla’s forthcoming 12-bay Supercharger station in Coolac, NSW, is destined to be a prominent facility within Australia’s EV charging framework. By incorporating a solar array and a Tesla Megapack, this station will provide quick electric vehicle charging while contributing to renewable energy utilization. The initiative is projected to enhance local commerce in Coolac, transforming the Beehive Hotel Motel and its surroundings into a modern hub for EV drivers and visitors alike. While the project encountered several regulatory challenges, Tesla’s dedication to renewable energy and sustainable infrastructure shines through in this bold venture.

Q: What distinguishes this Tesla Supercharger station from others?

A:

Unlike the majority of Tesla Supercharger stations, the Coolac site will feature both a solar array and a Tesla Megapack for energy storage. The solar array will directly power the chargers, while any excess energy will be saved in the Megapack for usage at night or during cloudy weather. Additionally, the solar panels will offer shelter for vehicles during charging, a unique aspect in Australia.

Q: How many charging bays will the station accommodate?

A:

The station will comprise 12 charging bays outfitted with Tesla’s latest V4 Superchargers, providing quicker charging speeds and superior performance compared to previous versions.

Q: What is the solar array’s capacity, and how will it be employed?

A:

The solar array will consist of 176 Canadian Solar panels, with an overall capacity of 97.68 kWp. This energy will be converted using Sungrow inverters and utilized for direct charging of electric vehicles. Any surplus energy will be stored in the Tesla Megapack for occasions when solar production is minimal.

Q: Will the Tesla Megapack be used exclusively for vehicle charging?

A:

While the primary function of the Megapack is to retain energy for EV charging, it is also anticipated to power other parts of the site, including the Beehive Hotel Motel and any future guest accommodations.

Q: When can we expect the Coolac Supercharger station to open?

A:

There is currently no confirmed opening date, as the Beehive Hotel Motel is still in the renovation process. Once the hotel reopens, the Supercharger station is expected to be fully functional.

Q: How will this project impact the local community in Coolac?

A:

The Supercharger station is expected to generate increased traffic to Coolac, benefiting local businesses and the tourism sector. The merger of a modern pub and a cutting-edge charging facility is likely to attract EV drivers and travelers, providing the town with a valuable economic enhancement.

Q: Will non-Tesla EV drivers have access to the Supercharger station?

A:

Presently, Tesla Supercharger stations primarily cater to Tesla vehicles, although there have been efforts to permit non-Tesla EVs access to these stations in certain locations worldwide. It remains uncertain whether this will apply in Coolac, but ongoing developments in this area are underway.

“How Adaptive Technology Frameworks are Transforming Operational Efficiency and Sustainability in Business”


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Versatile Technology Models: Enhancing Business Efficiency and Sustainability

Versatile Technology Models Enhancing Business Efficiency and Sustainability

Quick Overview:

  • Versatile technology models such as leasing and Device as a Service (DaaS) are redefining business efficiency by minimizing initial capital investments.
  • These models enable companies to scale and refresh technology seamlessly, avoiding the challenges of ownership.
  • They serve as sustainable options, decreasing IT hardware CO2 emissions by more than 50%.
  • CHG-MERIDIAN’s technology2use methodology merges leasing with sustainable lifecycle management and certified data destruction solutions.
  • CHG-MERIDIAN has reinforced its position in Australia and New Zealand, becoming a top independent operating lease provider in the area.

Limitations of Traditional Ownership Models

Ownership-based models, where companies buy technology directly, are increasingly inadequate for contemporary businesses. Such models demand substantial capital expenditure (capex) upfront, posing a significant challenge for organizations, particularly those aiming for rapid growth or effective cash flow management.

Furthermore, these models offer limited flexibility. As technology advances swiftly, firms that own their IT assets often struggle to upgrade without facing hefty extra costs. The intricacies of lifecycle management, which involve managing disposal, upgrades, and maintenance of technology, add additional complications.

Flexible Technology Usage Models: A Revolutionary Shift

How Versatile Technology Models Enhance Business Efficiency and Sustainability

Flexible technology usage models, including leasing and Device as a Service (DaaS), present an attractive solution. These frameworks permit businesses to access cutting-edge technologies without hefty initial outlays, transforming what would traditionally be a capex expense into a manageable operational expense (opex).

By embracing these models, organizations can also benefit from scalable and versatile technology infrastructures. When demand spikes or requirements shift, companies can effortlessly upgrade or augment their tech infrastructure without the complications tied to traditional ownership. This adaptability is essential for businesses that must respond to fast-changing technological environments.

Promoting Sustainability Through Technology Lifecycle Management

Sustainability is increasingly crucial for businesses on a global scale, and IT hardware significantly contributes to environmental impact. A study by McKinsey & Co. indicates that ICT hardware may account for up to 45% of CO2 emissions in the service industry. Flexible usage models, emphasizing sustainable lifecycle management, provide a viable solution.

Lukas Tränkle from CHG-MERIDIAN states that “by adopting flexible technology usage solutions focused on efficient lifecycle management, companies can decrease their IT hardware CO2 emissions by over 50%.”

This reduction is facilitated through optimized hardware utilization, minimizing waste, and guaranteeing that devices are adequately refurbished, reused, or recycled when they are no longer essential. For organizations keen on achieving their sustainability objectives, flexible technology usage models are indispensable.

CHG-MERIDIAN’s technology2use Methodology

CHG-MERIDIAN, a frontrunner in technology financing and lifecycle management, has crafted a distinctive approach known as technology2use. This model offers businesses a comprehensive array of solutions that encompass leasing, Device as a Service (DaaS), subscription models, and sustainable lifecycle management services, including certified data erasure.

Tränkle remarks, “Our flexible, end-to-end solutions simplify technology oversight and mitigate complexity for our clients.” This is especially advantageous for multinational corporations requiring uniformity and efficiency across different regions, as CHG-MERIDIAN functions in over 30 countries, with offerings available in nearly 190 countries via its subsidiary and partner networks.

Growth in Australia and New Zealand

Recently, CHG-MERIDIAN has amplified its market presence in Australia and New Zealand through targeted acquisitions and rebranding efforts. In 2024, the company acquired Maia Financial’s asset portfolio and transitioned its subsidiary, Equigroup, to CHG-MERIDIAN. This strategic initiative has established the company as the foremost independent operating lease provider for IT and healthcare equipment in the region.

These strategic maneuvers have enabled CHG-MERIDIAN to streamline its offerings, providing clients with simplified technology procurement, asset management, and oversight through the company’s **tesma** platform.

Tränkle observes, “With complete transparency facilitating decision-making, clients understand exactly what technology is in their possession, its location, and when it’s due for renewal, saving them time and resources. Everything becomes simpler, more efficient, and user-friendly.”

Facilitating Digital Transformation and Remote Work

As businesses increasingly engage in digital transformation strategies and remote work arrangements, the demand for scalable, flexible IT solutions has reached new heights. CHG-MERIDIAN’s technology2use models are ideally positioned to accommodate these trends by delivering flexible, sustainable, and cost-effective technology management solutions.

By providing firms access to cutting-edge technology without the burdens of ownership, CHG-MERIDIAN’s offerings can assist organizations in remaining competitive in a progressively digital landscape. Their commitment to sustainability further ensures that businesses can fulfill their environmental responsibilities while enhancing operational effectiveness.

Conclusion

Flexible technology usage models, such as leasing and Device as a Service (DaaS), are transforming how organizations oversee their IT infrastructure. These models grant companies access to the latest technologies without large initial financial commitments while providing adaptability, scalability, and sustainability. CHG-MERIDIAN spearheads this area with its technology2use approach, merging leasing and lifecycle management to assist businesses in reducing expenses, enhancing efficiency, and minimizing their ecological footprint. With a robust presence in Australia and New Zealand, CHG-MERIDIAN is well-equipped to aid businesses in overcoming the challenges of digital transformation and sustainability.

Q: What are flexible technology usage models?

A:

Flexible technology usage models, such as leasing and Device as a Service (DaaS), enable organizations to utilize the latest technology without directly purchasing it. Instead of incurring a substantial upfront capital cost, companies pay a recurring fee for access to the technology, which can be scaled or updated according to their needs.

Q: How do flexible technology models enhance sustainability?

A:

These models concentrate on efficient lifecycle management, ensuring that hardware is refurbished, repurposed, or recycled to reduce waste. This methodology can lead to reductions of over 50% in IT hardware CO2 emissions, assisting businesses in achieving their sustainability targets.

Q: What is CHG-MERIDIAN’s technology2use approach?

A:

CHG-MERIDIAN’s technology2use approach blends leasing, Device as a Service (DaaS), and subscription models with sustainable lifecycle management. It aids businesses in managing their technology more effectively, curbing costs, and reducing environmental impact.

Q: How is CHG-MERIDIAN expanding in Australia and New Zealand?

A:

CHG-MERIDIAN has enhanced its footprint in these regions through the acquisition of Maia Financial’s asset portfolio and the rebranding of its subsidiary, Equigroup. This shift positions CHG-MERIDIAN as the premier independent operating lease provider for IT and healthcare equipment in Australia and New Zealand.

Belkin SOUNDFORM Nano True Wireless Earbuds Review


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Belkin SOUNDFORM Nano, True Wireless Earbuds, 85dB Limit for Ear Protection, Online Learning, IPX5 Sweat and Water Resistant, 24 Hours Play Time for iPhone, Galaxy, Pixel and More, Blue (PAC003btBL)

Sennheiser MOMENTUM True Wireless 4 Smart Earbuds Review


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Sennheiser MOMENTUM True Wireless 4 Smart Earbuds with Bluetooth 5.4, Crystal-Clear Sound, Comfortable Design, 30-Hour Battery Life, Adaptive ANC, LE Audio and Auracast – Black Copper