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CBA Enhances Its Generative AI Abilities to Influence the Future of Banking


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CBA Utilises Generative AI to Combat Fraud and Enhance Banking Services

How CBA’s Generative AI is Transforming Australian Banking

Brief Overview

  • CBA has halved customer scam losses by employing AI solutions like NameCheck, CallerCheck, and CustomerCheck.
  • There has been a 30% decline in customer-reported fraud due to AI-driven alerts for suspicious transactions.
  • The CommBank app witnesses 12 million logins each day, with 38% of new CommSec accounts registered through the app.
  • AI-driven communication has decreased call volume by 40% in the previous financial year.
  • CBA is enhancing its AI capabilities by leveraging GPT-4, AWS, NVIDIA, and Anthropic.
  • The bank has created an ethical AI toolkit consisting of 11 guidelines to ensure the responsible use of generative AI.
  • CBA is advancing its engineers’ skills and modernizing technology to smoothly integrate generative AI solutions.
  • Environmental sustainability is paramount, with CBA pledging to utilise 100% renewable energy for its AI operations.

Tackling Fraud Through AI Innovations

Generative AI’s integration at CBA has significantly advanced fraud prevention measures. By embedding tools such as NameCheck, CallerCheck, and CustomerCheck, the bank has managed to cut down customer scam losses by 50%. Additionally, a 30% decrease in reported fraud has resulted from AI-enabled alerts for suspicious transactions.

These tools are designed to proactively alert customers about potentially fraudulent activities, allowing them to verify or contest transactions in real-time. This strategy not only fosters trust but also alleviates the workload of customer support teams.

AI-Enhanced Communication for Improved Customer Experience

CBA’s messaging platform, which was launched in 2018, has significantly progressed with the addition of generative AI. The AI-infused messaging system allows customers to receive comprehensive insights and responses that go beyond mere pre-set replies, which has led to a 40% reduction in call volumes in the last financial year.

Customers have the option to opt for AI-generated responses or escalate their inquiries to a human representative when necessary. This blended approach offers adaptability and a personalized element to customer service.

The Digital Evolution of Dispute Resolution

With around 15,000 disputed transactions occurring daily, CBA has implemented a fully digital, AI-enhanced process for resolving disputes from start to finish. This scalable solution significantly reduces the necessity for customers to call for support, guaranteeing quicker and more effective resolutions.

In cases that are more complex, AI assists by filling in any missing details, resulting in a richer and more comprehensive interaction, thereby enhancing the customer experience.

Empowering Bankers with AI-Driven Insights

CBA has launched a “banker workbench” platform that employs AI and data analytics to deliver proactive insights. This enables bankers to have more relevant and timely interactions with customers, improving engagement and satisfaction.

Developing Ethical and Sustainable AI Solutions

CBA is adopting a conscientious strategy towards AI development by creating an ethical generative AI toolkit. This toolkit includes 11 guidelines designed to mitigate risks such as model manipulation (e.g., jailbreaking), ensuring that AI is applied safely and responsibly.

Moreover, environmental sustainability is high on CBA’s agenda. The bank commits to using 100% renewable energy for its operations in Australia, covering all energy consumption related to AI in its data centres.

Enhancing Workforce Skills and Updating Technology

CBA is making significant investments in its workforce by enhancing the skills of engineers to develop and engage with generative AI technologies. The bank has also recruited renowned AI scientists to address complex technological issues, ensuring it stays at the forefront of innovation.

Another crucial focus is modernizing the technology infrastructure, which facilitates the seamless integration of AI capabilities throughout its operations.

Conclusion

The Commonwealth Bank of Australia is setting a standard in the banking sector with its utilization of generative AI. From fraud prevention and customer service enhancement to dispute resolution and operational efficacy, CBA is harnessing AI to provide a more secure, intelligent, and environmentally friendly banking experience. With a focus on ethical practices in AI and sustainability, the bank is well-positioned to lead the future of banking innovation in Australia.

Q&A: Important Questions Addressed

Q: What is generative AI and how is CBA implementing it?

A:

Generative AI encompasses artificial intelligence systems that can create text, images, and various content forms. CBA employs it to improve customer service, enhance fraud prevention, and streamline processes such as dispute resolution.

Q: How has AI advanced fraud prevention at CBA?

A:

AI initiatives like NameCheck, CallerCheck, and CustomerCheck have brought customer scam losses down by 50% and customer-reported fraud by 30%, owing to proactive alerts and real-time monitoring.

Q: What significance does GPT-4 have in CBA’s AI plan?

A:

GPT-4, a sophisticated generative AI model, underpins CBA’s chatbot and messaging technologies, allowing for more precise and insightful customer engagements.

Q: How is CBA ensuring ethical practices in AI?

A:

CBA has created an ethical AI toolkit with 11 protocols designed to mitigate risks, including model manipulation, ensuring the responsible use of AI technologies.

Q: What measures is CBA taking towards sustainability in AI?

A:

CBA has pledged to be powered by 100% renewable energy for its operations in Australia, including energy used for its AI activities in data centres.

Q: How is CBA preparing its team for integration of AI?

A:

The bank is enhancing its engineers’ skills and has hired leading AI experts to solve complex challenges and develop cutting-edge solutions.

“League of Legends: Arcane Season 1 Arrives on Blu-ray While Season 2 Streams on Netflix”


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Release of Arcane Season 1 Blu-ray and Streaming of Season 2 on Netflix

Essential Information on Arcane’s Blu-ray Release and Season 2 Streaming

Quick Overview

  • Arcane Season 1 is now offered on Blu-ray and 4K formats, including various editions such as a Collector’s Edition.
  • Included bonus features feature “The Making of Arcane,” scene analyses, and exclusive content highlighting the popular character Mel.
  • Streaming of Season 2 of Arcane is available now on Netflix, divided into three Acts with episodes released accordingly.
  • Blu-ray editions for Season 1 are priced from $59.95 to $224.95 AUD, with retailers like JB Hi-Fi providing discounts during Black Friday events.

Arcane Season 1: A Revolutionary Release

Arcane, the animated version of Riot Games’ League of Legends, made its debut in 2021, enchanting audiences with its breathtaking visuals, engaging narratives, and strong links to the cherished video game. It achieved a perfect 100% score on Rotten Tomatoes and an impressive viewing count exceeding 72 million hours upon release, swiftly becoming a Netflix hit.

The first season focuses on two legendary characters, Vi and Jinx, along with other notable characters such as Caitlyn, Jayce, Viktor, and Ekko. The story explores their connections and growth, crafting a complex, emotional narrative accompanied by stunning animation and a remarkable soundtrack.

Season 1 on Blu-ray and 4K: A Dream for Collectors

In collaboration with GKIDS, Sugoi Co has released Arcane Season 1 on Blu-ray and 4K, available in Standard, Steelbook, and premium Collector’s Edition formats. With all nine episodes included, fans can enjoy over three hours of bonus material, making this a must-have for dedicated followers.

Notable bonus features include:

  • “The Making of Arcane”: A fascinating documentary highlighting how animators, designers, and artists brought the show to life.
  • Scene Analyses: Detailed examinations of key scenes that defined the season.
  • Character Featurette: An in-depth look at the character Mel, voiced by Toks Olagundoye, known for her authentic and powerful portrayal.

Fans in Australia and New Zealand can find the Blu-ray editions available on Sugoi’s website, with the following prices:

  • Collector’s 4K UHD Edition: $224.95 AUD
  • Steelbook 4K UHD Edition: $79.95 AUD
  • Steelbook Blu-ray Edition: $69.95 AUD
  • Standard Blu-ray: $59.95 AUD

Alternatively, JB Hi-Fi is running promotions on DVDs, Blu-rays, and 4K editions during the Black Friday sales, making it an ideal time to pick up a copy.

Arcane Season 2: Now Streaming on Netflix

The second season of Arcane is now available on Netflix, thrilling fans everywhere. Following the same release format as the first season, it consists of nine episodes arranged across three Acts, with three episodes launched weekly. The final Act is expected to debut on November 23.

If you haven’t seen Season 1 yet, this is the perfect chance to catch up. Get a Blu-ray copy and dive into the expansive world of Arcane to spare yourself the wait for cliffhanger resolutions!

Conclusion

Whether you’re a long-time fan of the League of Legends universe or a fresh viewer captivated by the stunning visuals and storytelling, Arcane offers something for everyone. With Season 1’s Blu-ray release providing an abundance of additional content and Season 2 streaming on Netflix, there’s no better time to delve into this critically acclaimed series.

FAQs: Your Inquiries Addressed

Q: What distinguishes the Blu-ray release of Arcane Season 1?

A:

The Blu-ray offers several editions including a Collector’s Edition and more than three hours of bonus content like “The Making of Arcane,” scene analyses, and a character featurette focusing on Mel. It’s a goldmine for enthusiasts.

Q: Where can I buy the Blu-ray editions in Australia?

A:

Aussie fans can order the Blu-ray editions directly from Sugoi’s official site or via JB Hi-Fi, which frequently provides discounts during shopping events like Black Friday.

Q: What is the release strategy for Season 2 of Arcane on Netflix?

A:

Season 2 consists of nine episodes subdivided into three Acts. Each Act features three episodes that are released weekly. The last Act will be available on November 23, 2024.

Q: Should I view Season 1 prior to watching Season 2?

A:

Yes, it is advisable to watch Season 1 to gain a complete understanding of the characters, their dynamics, and the overarching storyline. The Blu-ray edition is an excellent way to get up to speed.

Q: Is the Collector’s Edition worth the investment?

A:

If you’re an avid fan of Arcane or a collector of memorabilia, the Collector’s Edition is a worthy buy. It features premium packaging and exclusive content not available in standard editions.

Q: What factors contribute to the popularity of Arcane?

A:

Arcane is celebrated for its remarkable animation, gripping emotional plots, profound character arcs, and its capacity to resonate with both League of Legends fans and newcomers alike.

“Microsoft Faces Examination as Extensive US Antitrust Inquiry Progresses”


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FTC Investigates Microsoft: Cloud, Licensing, and AI Practices Scrutinized

FTC Investigates Microsoft: Cloud, Licensing, and AI Practices Scrutinized

Summary Overview

  • The US Federal Trade Commission (FTC) has initiated an antitrust inquiry into Microsoft’s corporate practices.
  • Primary concerns include software licensing, market supremacy in cloud services, and the use of AI.
  • Microsoft is accused of imposing restrictive licensing agreements to hinder customer movement to competitors.
  • Scrutiny extends to Microsoft’s operations in cybersecurity and AI technologies.
  • FTC chair Lina Khan endorsed the investigation prior to her anticipated exit in January.
  • Competitors such as Amazon and Google have expressed concerns about Microsoft’s anti-competitive conduct.
  • This investigation emerges amidst extensive regulatory crackdowns on major tech firms in the US.

Understanding the FTC’s Antitrust Inquiry

The US Federal Trade Commission (FTC) has commenced a comprehensive antitrust inquiry into Microsoft, dealing with claims of anti-competitive actions in cloud services, software licensing, and artificial intelligence (AI). The tech behemoth faces accusations of exploiting its market power to stifle competition and limit options for customers. This investigation places Microsoft among several Big Tech companies currently under regulatory examination in the US.

FTC antitrust inquiry involving Microsoft
Regulatory worries have been raised about Microsoft’s cloud services and AI strategies. (Image Credit: NextMedia)

Principal Allegations Against Microsoft

Restrictive Policies on Cloud Licensing

A central focus of the inquiry pertains to Microsoft’s alleged implementation of restrictive licensing conditions for its Azure cloud platform. The FTC is investigating claims that Microsoft utilizes punitive tactics to prevent customers from transitioning their data to competing cloud solutions. NetChoice, a lobbying organization advocating for competition from companies like Amazon and Google, has strongly criticized these approaches.

AI Integration in Productivity Solutions

Another area of investigation is Microsoft’s incorporation of AI features into its Office and Outlook applications. Detractors argue that such integrations could provide Microsoft an unfair competitive edge in the already dominant productivity software marketplace.

Cybersecurity and Growth Markets

The inquiry extends beyond just cloud services and AI. The FTC is also exploring Microsoft’s cybersecurity offerings and its role in burgeoning technology sectors. These fields are crucial as AI and cybersecurity become vital components of the worldwide digital framework.

Wider Context: Big Tech Under Investigation

Until now, Microsoft has largely escaped the severe regulatory challenges faced by other tech giants such as Meta, Google, Amazon, and Apple. In recent years, there has been an uptick in antitrust lawsuits aimed at Big Tech, with allegations that range from hindering competition to misusing market influence.

For example, Google is currently embroiled in two lawsuits, one accusing it of unlawfully maintaining its search engine market monopoly. Microsoft CEO Satya Nadella even provided testimony during Google’s trial, shedding light on competitive dynamics in the tech sector.

Political Dynamics and Future Ramifications

The timing of this investigation holds particular significance. FTC chair Lina Khan, recognized for her proactive approach towards Big Tech oversight, sanctioned the probe prior to her expected resignation in January. With speculation surrounding Donald Trump’s potential return to the presidency, there are uncertainties regarding whether his administration will maintain or ease regulatory measures against Big Tech firms, including Microsoft.

Interestingly, Microsoft has historically profited from policies during Trump’s administration, including securing a controversial US$10 billion ($15.4 billion) cloud computing contract in 2019, which Amazon disputed due to alleged political favoritism.

Final Thoughts

The FTC’s antitrust inquiry into Microsoft represents a significant milestone for the tech giant, which has managed to evade the stringent scrutiny faced by its contemporaries. With allegations tied to cloud computing, software licensing, and AI, this case illustrates growing apprehensions regarding the unchecked authority of Big Tech. As the regulatory environment evolves in tandem with political transitions, the findings of this investigation could have extensive consequences for Microsoft and the wider tech sector.

Q&A: Essential Questions Addressed

Q: What is the FTC investigating regarding Microsoft?

A:

The FTC is probing Microsoft’s engagements in software licensing, cloud services, AI integration, and cybersecurity. The core accusations involve restrictive licensing conditions that inhibit customer migration to competitive platforms and possible anti-competitive conduct in emerging technology sectors.

Q: Why does this inquiry matter?

A:

This represents the first substantial antitrust inquiry aimed at Microsoft in the current trend of Big Tech regulatory oversight, indicating a significant shift in how regulators are tackling the dominance of technology firms.

Q: How could this impact Microsoft’s rivals?

A:

Firms like Amazon and Google—who have openly criticized Microsoft’s actions—might gain from this inquiry if it results in adjustments to licensing practices or other regulatory actions that create a more level competitive environment.

Q: Might political shifts affect the inquiry’s outcome?

A:

Indeed. With Donald Trump likely returning to the presidency, the regulatory approach of his administration could influence the inquiry. Historically, Microsoft has reaped benefits from Trump-era policies, so a more lenient approach towards Big Tech could change the investigation’s direction.

Q: What potential repercussions might Microsoft face?

A:

If found guilty of anti-competitive practices, Microsoft could encounter hefty fines, mandated alterations to its business operations, or even more rigorous regulatory oversight moving forward.

Q: How does this situation compare to other Big Tech lawsuits?

A:

In contrast to Google, Meta, and Amazon—which have endured multiple lawsuits—Microsoft has largely remained out of such controversies up to this point. This inquiry could signify a potential shift in its regulatory landscape.

RACQ Hires Aussie Broadband’s CIO to Drive Technological Innovation


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RACQ Hires Ex-Aussie Broadband CIO for Digital Initiatives

RACQ Hires Ex-Aussie Broadband CIO for Digital Initiatives

Quick Overview

  • Anna Clive, the previous CIO at Aussie Broadband, is brought on board RACQ as General Manager of Data, Digital, and Innovation.
  • This leadership position is newly established, aiming to enhance tech-focused engagement with members.
  • Clive will lead projects on data analytics, digital solutions, and innovation to elevate RACQ’s services.
  • This appointment follows a leadership restructuring at Aussie Broadband earlier this year.
  • Clive has extensive expertise in technology strategy, transformation, and cybersecurity.

Introducing Anna Clive

Anna Clive is an experienced leader in technology, renowned for her significant role as the inaugural Chief Information Officer (CIO) at Aussie Broadband. Her time there was distinguished by a firm emphasis on technology strategy, network digitization, and security measures. Honored as “Telecommunications and Media Technology Leader of the Year” earlier this year, Clive is acknowledged for her ability to sync technology with business objectives.

Anna Clive joins RACQ to lead technological innovation

A Fresh Role with Aspirations

The Royal Automobile Club of Queensland (RACQ) has enlisted Anna Clive as General Manager of Data, Digital, and Innovation, a role crafted to establish RACQ as a leader in technology. As stated by an RACQ representative, Clive will initiate efforts aimed at:

  • Enhancing data analytics capabilities.
  • Deploying state-of-the-art digital solutions.
  • Boosting member engagement via innovative tech.

These initiatives fit within RACQ’s larger strategy to evolve with its members’ changing needs and sustain its preeminence in the Australian market.

The Importance of the RACQ Appointment

This newly established role underscores RACQ’s dedication to leveraging digital transformation for competitive gain. With Clive’s proven background in managing sophisticated technology projects, the organization intends to utilize data and innovation to provide more personalized and effective member services. This development holds particular relevance as various sectors across Australia increasingly turn to data-driven methods to fulfill customer expectations.

Aussie Broadband’s Leadership Shift

Anna Clive’s exit from Aussie Broadband occurred simultaneously with a mid-2023 leadership reorganization at the internet service provider. Her CIO duties have since been merged into a newly created position, Chief Transformation Projects Officer, currently occupied by Andrew Webster. This shift illustrates the evolving landscape of leadership within the technology domain, where adaptability and congruence within the organization are vital for triumph.

Conclusion

Anna Clive’s move to RACQ as General Manager of Data, Digital, and Innovation signifies a key advancement in the organization’s technological progression. Her background in data analytics, cybersecurity, and digital solutions is viewed as crucial in reshaping RACQ’s member engagement strategies. This appointment highlights the increasing significance of tech leadership in fostering innovation and addressing consumer needs in Australia’s competitive landscape.

Q&A: Answering Key Questions

Q: What is the significance of Anna Clive’s new position at RACQ?

A:

Clive’s appointment as General Manager of Data, Digital, and Innovation is essential for guiding RACQ’s digital transformation. It demonstrates the organization’s commitment to utilizing technology for enhancing member services and preserving its premier position in the industry.

Q: What are Clive’s primary objectives at RACQ?

A:

Her priorities focus on advancing data analytics, rolling out digital solutions, and innovating methods of member engagement. These projects aim to enhance RACQ’s agility and member-centric approach.

Q: What prompted Anna Clive to leave Aussie Broadband?

A:

Clive’s exit was in line with an internal restructuring at Aussie Broadband. Her CIO responsibilities were transformed and incorporated into the broader role of Chief Transformation Projects Officer, indicating the organization’s changing leadership dynamics.

Q: How will this appointment benefit RACQ members?

A:

By prioritizing data insights and cutting-edge technologies, RACQ aims to offer more tailored, efficient, and pertinent services to its members, enhancing overall satisfaction.

Q: Which sectors are fueling the demand for digital transformation leaders in Australia?

A:

Industries such as finance, telecom, and automotive services are spearheading the push for digital transformation. Organizations are investing more in leadership positions to oversee the incorporation of data and technology into their offerings.

Q: What challenges may Clive encounter in her new role?

A:

Challenges may include aligning RACQ’s legacy infrastructure with current technologies, managing organizational change, and ensuring smooth integration of new digital solutions for both members and staff.

South East Water Poised to Unveil Innovative AI Applications


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South East Water Leverages AI for Customer Service Innovation

South East Water Leverages AI for Customer Service Innovation

Quick Read

  • South East Water, a government-owned utility in Melbourne and the Mornington Peninsula, is rolling out AI technologies to enhance customer service.
  • Two services from Salesforce Einstein – case classification and summarisation – are set to launch on December 2.
  • The deployment of AI aims to decrease call handling times and boost customer satisfaction.
  • A comprehensive AI governance framework is in place to ensure data privacy and risk management.
  • The utility is also working on a multi-year data lake initiative to provide a “single view of customer.”

Transforming Customer Service with AI

South East Water, a governmental utility provider for Melbourne’s eastern suburbs and the Mornington Peninsula, is poised to be a pioneer in the Victorian water utilities industry by embracing artificial intelligence (AI). The organisation is gearing up to activate two Salesforce Einstein AI services—case classification and summarisation—on December 2, which signifies a major step forward in enhancing customer service functionalities.

Peter Hiransi, Group Manager of Customer Strategy and Design, stated during the Salesforce Agentforce World Tour in Melbourne that these AI tools will assist contact centre agents in addressing incoming customer inquiries more effectively. “We want to eliminate wait times for callers in the contact centre,” remarked Hiransi. “Our aim is to provide a better customer experience and satisfaction by lowering call handling durations.”

Data Privacy and Responsible AI Implementation

Understanding the challenges and responsibilities that come with AI, South East Water has opted for a careful and well-organised strategy. The technology unit has devised an AI governance framework, operational control plan, and supportive policies to protect customer data. This framework guarantees that the utility’s data privacy compliance and risk management protocols are strong.

“We want to make sure that everything we implement protects customer data,” Hiransi stressed. “We have conducted thorough risk and privacy evaluations to instill confidence in both us and our customers.”

With these provisions in place, South East Water’s executive team has approved the first two AI applications as pilot programs, paving the way for wider AI integration in the future.

Creating a Cohesive Customer Data Strategy

Alongside its AI efforts, South East Water is embarking on a multi-year project aimed at establishing a unified “single view of customer” through a new data lake. This project seeks to bring together scattered customer records across various systems, thereby promoting a seamless and cohesive method of customer management.

Hiransi pointed out, “When a customer reaches out to us, we want to have a clear picture of who they are, their latest interactions, and all pertinent information from our digital systems. It’s a challenging journey, but it is essential.”

To bolster this initiative, South East Water has fostered a strong culture of data ownership and stewardship. Hiransi himself serves as the data owner for customer information, supported by a committed team of data stewards.

Summary

South East Water is taking significant strides to integrate AI into its customer service framework, all while upholding high ethical and data privacy standards. With the introduction of Salesforce Einstein services and a long-term data lake initiative, the utility is poised to redefine customer experiences and operational effectiveness. These groundbreaking efforts not only set a standard for the Victorian water utilities sector but also showcase the transformative capacity of AI within public services.

Q&A

Q: What are the key AI services being introduced by South East Water?

A:

South East Water is introducing two Salesforce Einstein AI services: case classification and summarisation. These tools are designed to enhance the efficiency of contact centre agents in resolving customer queries.

Q: When will the AI services be operational?

A:

The AI services are planned to launch on December 2.

Q: How is South East Water protecting customer data during this AI implementation?

A:

The utility has established an AI governance framework, an operational control plan, and completed risk and privacy assessments to safeguard customer data.

Q: What is the aim of the data lake initiative?

A:

The data lake initiative focuses on creating a “single view of customer” by integrating fragmented customer records from various systems, allowing for a more streamlined and effective approach to customer management.

Q: What obstacles has South East Water encountered with these initiatives?

A:

Challenges include maintaining data privacy, crafting a comprehensive governance framework, and integrating disparate customer data systems. However, these issues are being tackled through thorough planning and teamwork.

Q: How is South East Water setting a benchmark in the Victorian utilities landscape?

A:

By being the first utility in the sector to deploy AI solutions and pursue a unified customer data project, South East Water is establishing itself as an innovator in customer service excellence.

“Attorney-General’s Department Adopts Cloud-Native Strategy in Significant Transformation Initiative”


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Attorney-General’s Department Transitions to Cloud-Native Infrastructure

Quick Summary

  • The Attorney-General’s Department (AGD) is evolving into a cloud-native entity through a revamped IT strategy.
  • This initiative emphasizes legacy modernisation, cyber security, and superior client services.
  • Currently, 20% of AGD’s workloads operate in public cloud platforms like AWS and Microsoft Azure.
  • The remaining 80% of workloads are still on-premises, with intentions for additional migration.
  • All cloud-based workloads comply with the DTA Hosting Certification Framework, ensuring secure and regulatory-compliant operations.

AGD’s Ambitious Shift to Cloud-Native Infrastructure

The Attorney-General’s Department (AGD) is initiating a substantial IT transformation with the goal of becoming a fully cloud-native entity. This bold transition is part of the department’s comprehensive IT strategy, concentrating on updating legacy systems, enhancing its cyber security capabilities, and providing improved services to its users.

At present, only 20% of AGD’s workloads are placed in public cloud platforms, supported by Amazon Web Services (AWS) and Microsoft Azure. The remaining 80% continue to be managed on-premises within private or co-location data centres verified under the Digital Transformation Agency (DTA) Hosting Certification Framework.

Core Components of Transformation

Legacy System Upgradation

A primary catalyst for this initiative is the modernisation of legacy systems. Numerous governmental systems in Australia depend on antiquated infrastructure, leading to challenges in scalability, efficiency, and upkeep. By shifting to a cloud-native model, the AGD aspires to remove these constraints while ensuring its systems are ready for the future.

Enhanced Cyber Security Measures

With the rising frequency of cyber threats, bolstering cyber security is a high priority for the AGD. Cloud-native systems present strong security features, including automated threat detection and adherence to government-established security regulations. The utilization of cloud services that are certified under the DTA Hosting Certification Framework further guarantees data safety and operational integrity.

Elevated Client Services

The AGD is dedicated to providing an uninterrupted user experience for both internal personnel and external clients. Cloud-native systems facilitate improved agility, scalability, and dependability, leading to swifter service delivery and a more user-focused approach to digital capabilities.

Present Cloud Utilization and Future Directions

Currently, the AGD has transitioned various custom-built business systems and software-as-a-service (SaaS) applications to the cloud. These workloads are maintained in secure settings provided by AWS and Microsoft Azure. However, a significant portion of the department’s applications and workloads continues to operate on-premises.

Looking ahead, the AGD plans to expand its cloud presence. The shift will be gradual, ensuring compliance with standards and minimizing disruptions to ongoing operations. The department’s hybrid approach emphasizes its dedication to balancing innovation with stability and security.

Conclusion

The Attorney-General’s Department’s shift to a cloud-native framework is a strategic initiative aimed at modernising legacy systems, boosting cyber security, and enhancing user experiences. With just 20% of its workloads currently in the cloud, the department has established a definite pathway for upcoming migrations while maintaining strict adherence to government protocols. This transformation signifies a broader movement among Australian government agencies toward embracing cloud technologies to foster efficiency and innovation.

Common Questions

Q: What constitutes a cloud-native organisation?

A:

A cloud-native organisation utilizes cloud computing technologies to create, develop, and oversee applications and systems. This methodology emphasizes scalability, flexibility, and resilience while capitalizing on cloud-specific capabilities such as automation and distributed architecture.

Q: What motivates the AGD to adopt a cloud-native strategy?

A:

The AGD seeks to refresh its legacy systems, fortify its cyber security framework, and enhance its service delivery to users. Cloud-native infrastructures provide the scalability, security, and efficiency necessary to achieve these objectives.

Q: What security protocols are in place for AGD’s cloud workloads?

A:

All cloud workloads at AGD are hosted in environments accredited under the DTA Hosting Certification Framework. This ensures alignment with Australian government security standards and offers strong safeguards to defend sensitive data from cyber threats.

Q: How much of AGD’s workloads are currently located in the cloud?

A:

As of now, 20% of the workloads and applications at AGD are situated in public cloud environments such as AWS and Microsoft Azure, with intentions for further migration planned for the future.

Q: What advantages will this transition bring to Australian citizens?

A:

This transformation will facilitate quicker and more efficient service provision, enhanced system reliability, and improved user experiences, ultimately benefiting Australian citizens who depend on the Attorney-General’s Department for various services.

Q: What challenges may the AGD encounter during this transition?

A:

Significant challenges may involve ensuring seamless data migration, maintaining regulatory compliance, and navigating the complexity of integrating cloud-native solutions with existing on-premises systems.

“Norths Collective Experiences Membership Growth During Digital Transformation Initiatives”


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Membership Growth of Norths Collective Through Digital Transformation | TechBest

Brief Overview

  • Norths Collective experienced a growth of 7000 members, reaching a total of 65,000 members.
  • The organisation utilised “hyper personalisation” and a comprehensive customer view to enhance engagement.
  • Email open rates increased from 20% to 60%, with click-through rates enhancing from 1.4% to 12%.
  • Customer lifetime value has seen improvement due to these changes.
  • Change management posed a significant challenge, yet frontline staff eventually welcomed the transformation.
  • Norths Collective now contributes 13% more to the community compared to prior to the transformation.

Membership Growth Fueled by Digital Transformation

Norths Collective, a Sydney-based hospitality group that operates six venues and two fitness centres, has seen a substantial increase in membership as a result of its ongoing digital transformation initiatives. The membership base grew by 7000, resulting in a total of 65,000 members. Robert Lopez, the Chief Marketing Innovation Officer, notes that this growth is closely linked to the group’s emphasis on personalisation, analytics, and an all-encompassing 360-degree customer perspective.

Norths Collective membership growth due to digital initiatives

Improved Engagement Through Personalisation

Shifting from Generic Messages to Customised Communications

Ten years ago, Norths Collective distributed uniform email messages to all members, irrespective of their individual preferences or behaviours. Today, the organisation practices “hyper personalisation,” creating bespoke messages for each member using demographic and behavioural insights. This change has drastically improved email open rates from 20% to 60% and click-through rates from 1.4% to nearly 12%.

Insights Driven by Data

By analysing the past 90 days of engagement data, Norths Collective identifies the best times to communicate with each member. Through assessing transactional and engagement behaviours, the organisation ensures its outreach is timely and appropriate. This data-centric strategy has also increased customer lifetime value across its venues and fitness centres.

Value Creation and Community Impact

A notable outcome of the digital transformation is Norths Collective’s improved ability to support the community. The organisation now allocates 13% more to community projects compared to before the digital ecosystem was introduced. Lopez highlighted the significance of this “community loop,” whereby increased member interaction allows the group to reinvest more into local initiatives.

Navigating Change Management Issues

The rollout of digital tools and processes encountered various challenges. With some employees having been with the organisation for over 35 years, adjusting to new technologies like tablets and automated membership systems proved tricky. However, by articulating a clear vision and involving staff in the transition, the organisation transformed resistance into support. Feedback from frontline workers has been overwhelmingly positive, with many welcoming the changes after experiencing their advantages firsthand.

Conclusion

Norths Collective’s methodical digital transformation has not only led to a 12% increase in membership but has also markedly enhanced member engagement, customer lifetime value, and community contributions. The group’s focus on personalisation, data analytics, and effective change management offers a model for other organisations in the hospitality sector aiming to modernise operations and fortify customer relations.

Q&A: Important Reader Inquiries Addressed

Q: What is “hyper personalisation,” and what are its advantages for Norths Collective?

A:

Hyper personalisation refers to customising communications and services for individual members based on demographic and behavioural data. For Norths Collective, this method has greatly improved email open and click-through rates, thereby enhancing overall member involvement.

Q: How does Norths Collective implement its 360-degree customer view?

A:

The 360-degree customer view integrates data from various customer touchpoints to form a complete profile of each member. This allows the organisation to provide tailored experiences and focused communications, strengthening relationships with members.

Q: What challenges were faced during the digital transformation process?

A:

A significant hurdle was the resistance to change among long-term employees. Nevertheless, by clearly stating the vision and engaging staff in the process, Norths Collective successfully navigated this obstacle and gained staff support for the new systems.

Q: What has been the community impact of the digital transformation?

A:

Enhanced member engagement and increased revenue have permitted Norths Collective to invest more in community projects. The group now gives back 13% more to the community compared to its contributions before the transformation.

Q: Is it possible for other organisations to duplicate Norths Collective’s achievements?

A:

Yes, other organisations can emulate Norths Collective’s success by focusing on establishing a clear vision, employing data-driven personalisation techniques, and effectively addressing change management challenges.

“Aussie Broadband Reveals Plans for an Innovative Private Cloud”


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How Aussie Broadband is Creating a Next-Gen Private Cloud

How Aussie Broadband is Creating a Next-Gen Private Cloud

Quick Overview

  • Aussie Broadband is developing a private cloud solution to streamline outdated systems and enhance operational effectiveness.
  • The platform will incorporate innovative technologies from Cisco, NetApp, Pure Storage, and SuSE.
  • Expected advantages include decreased technology debt, optimization of data centre space, and the modernization of engineering processes.
  • Research into artificial intelligence integration is underway to boost customer self-service functionalities.
  • The initial production workloads are projected to transition by mid-2025.

Reasons Behind the Private Cloud Initiative

Aussie Broadband is on a transformative path to construct a next-gen private cloud platform. Following rapid expansion through organic growth and acquisitions, the firm has built up a complicated technical landscape that is costly and challenging to oversee. To tackle these challenges, the new private cloud platform seeks to integrate legacy systems, modernize processes, and improve scalability.

Ben O’Shea, Transformation and Cloud Platform General Manager, states that the goal of the initiative is to create “one platform to rule them all,” intended to supplant current compute and containerization platforms.

Examining the Advanced Tech Stack

The endeavor utilizes a powerful range of technologies from top-tier vendors:

  • Cisco: Offering Nexus hardware for VXLAN EVPN data centre infrastructures and compute solutions through its Unified Computing System (UCS).
  • NetApp: Providing all-flash fabric-attached storage (AFFs) for dependable high-performance storage.
  • Pure Storage: Delivering Portworx software-defined storage for aggregation and safeguarding.
  • SuSE: Featuring Rancher RKE2 for containerization, Harvester for infrastructure-as-a-service (IaaS), and NeuVector for security and monitoring.

These technologies represent the foundation of a high-performance and scalable cloud ecosystem, designed to support Aussie Broadband’s ambitious growth objectives.

Project Timeline and Migration Objectives

The private cloud initiative has been underway for six months, with Aussie Broadband aiming to start moving its first production workloads by mid-2025. As the platform develops, it will also accommodate additional services, including database-as-a-service (DBaaS), API gateways, and integration tools.

Upon completion of the project, Aussie Broadband plans to phase out its legacy virtualization, Docker, and Kubernetes platforms, significantly lowering technology debt and freeing up data centre resources.

Preparing for Telecommunications Growth

A crucial impetus for the initiative is the requirement to scale efficiently in a telecommunications sector that necessitates real-time performance and flexibility. O’Shea underscores that a key aim of the new platform is the swift deployment of solutions through automation and zero-touch provisioning.

Investigating AI for Improved Customer Service

Beyond upgrading infrastructure, Aussie Broadband is assessing the use of artificial intelligence (AI) to enhance customer support. O’Shea imagines AI-driven tools that can process data from home routers and Wi-Fi networks to offer real-time insights into connectivity challenges. This could empower customers with self-service performance adjustments, such as prioritizing specific traffic during high-demand periods.

For example, customers grappling with slow streaming on Netflix might receive an AI-generated suggestion to prioritize their streaming traffic, ensuring an enhanced viewing experience.

Conclusion

Aussie Broadband’s groundbreaking private cloud project is poised to revolutionize its internal infrastructure, delivering an integrated platform that merges legacy systems and boosts operational effectiveness. By leveraging solutions from Cisco, NetApp, Pure Storage, and SuSE, the platform is set to facilitate growth, streamline technical operations, and enhance customer service through AI-driven insights. With the initial workloads scheduled for migration by mid-2025, Aussie Broadband is establishing a standard for innovation within the telecommunications arena.

Q&A: Key Inquiries Regarding Aussie Broadband’s Private Cloud

Q: What is the primary objective of Aussie Broadband’s private cloud venture?

A:

The primary aim is to streamline legacy systems, decrease technology debt, and deliver a scalable, efficient platform to back the company’s growth and modernization strategies.

Q: What technologies are incorporated into the private cloud platform?

A:

The platform utilizes Cisco Nexus for networking, NetApp AFFs for storage, Pure Storage’s Portworx for software-defined storage, and SuSE’s Rancher RKE2, Harvester, and NeuVector for cloud operations and security.

Q: When will the new platform be functional?

A:

Aussie Broadband intends to migrate its first production workloads to the platform by mid-2025 and will continue to develop it to offer further services in the future.

Q: How will the platform enhance customer experiences?

A:

The platform will enable the rapid deployment of innovative solutions and leverage AI to deliver real-time insights and self-service options to customers for optimizing their broadband performance.

Q: What legacy systems will be phased out?

A:

The project will retire Aussie Broadband’s old virtualization platforms, Docker, Kubernetes, along with outdated compute and storage hardware.

Q: In what ways will AI benefit Aussie Broadband customers?

A:

AI will evaluate real-time information from routers and Wi-Fi networks to identify performance issues and provide actionable solutions, such as traffic prioritization, directly for customer benefits.

“Revolutionary Cybersecurity Legislation Passes Australian Parliament”


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Australia Enacts Pivotal Cybersecurity Act

Australia Enacts Pivotal Cybersecurity Act

Quick Overview

  • Parliament has enacted Australia’s inaugural cybersecurity legislation.
  • It is now mandatory for businesses to report ransomware payments to the authorities.
  • Introduction of compulsory security standards for smart devices.
  • Enhanced mechanisms for sharing information regarding cyber incidents.
  • Forms a crucial part of the 2023-2030 Australian Cyber Security Framework.
  • The law aims to safeguard Australians against increasing cyber threats.

Insight into the New Law

Australia has officially embarked on a new chapter in cybersecurity with the enactment of its first specialized cybersecurity law. This groundbreaking legislation, integral to the government’s 2023-2030 Australian Cyber Security Framework, has been ratified by the Senate and is designed to strengthen the country’s defenses against escalating cyber threats.

Businesses are now obligated to inform the government about ransomware payments, a pivotal step towards enhancing transparency and cooperation in the fight against cybercrime. Furthermore, the legislation establishes mandatory security protocols for smart devices, ensuring that the technology utilized by Australians is less susceptible to cyberattacks.

Ransomware Reporting and Responsibility

A key feature of the new law is the obligatory disclosure of ransomware payments. With ransomware incidents increasing globally, this regulation guarantees that the government remains informed about such events. The data collected will contribute to recognizing attack trends and formulating more effective responses.

Historically, businesses often managed ransomware incidents discreetly, occasionally settling with hackers without alerting authorities. This lack of openness impeded collective responses and made it challenging to gauge the extent of the issue.

Required Security Standards for Smart Devices

Smart devices, ranging from virtual assistants to IoT-capable appliances, have become essential to day-to-day life, yet pose significant cybersecurity risks. The new legislation enforces necessary security standards for these devices to ensure enhanced protection against cyber threats and data leaks.

Experts have long cautioned that many smart devices lack fundamental cybersecurity safeguards, making them prime targets for cybercriminals. By imposing stricter regulations, the government seeks to establish a safer digital landscape for households and businesses in Australia.

Improved Information Exchange

This legislation also bolsters information-sharing protocols between private companies and government bodies, including the Australian Signals Directorate (ASD). The National Cyber Security Coordinator and ASD will now have a ‘limited use’ mandate to share data collected during cybersecurity incidents.

This initiative addresses a longstanding challenge wherein private sector organizations often omitted government agencies from their incident response protocols, creating significant gaps in national cybersecurity efforts.

Part of a Comprehensive Cybersecurity Initiative

The Cybersecurity Act is part of a larger legislative framework, which includes revisions to the Security of Critical Infrastructure and Other Legislation Amendment (Enhanced Response and Prevention) Bill 2024 and the Intelligence Services and Other Legislation Amendment (Cyber Security) Bill 2024.

The groundwork for this new legislation was laid in 2021, following a rise in ransomware incidents. After thorough consultations and industry input, the bill reflects a collaborative effort to tackle Australia’s cybersecurity hurdles.

Conclusion

The introduction of Australia’s inaugural dedicated cybersecurity legislation marks a crucial advancement in the country’s effort to mitigate emerging cyber threats. Through the imposition of ransomware reporting requirements, the establishment of smart device security standards, and the improvement of information-sharing practices, the government aims to build a strong framework to protect both individuals and businesses.

Q&A: Important Inquiries Regarding the Cybersecurity Legislation

Q: What is the primary emphasis of the new cybersecurity legislation?

A:

The law emphasizes mandatory reporting of ransomware payments, implementing security standards for smart devices, and enhancing information sharing among private companies and government organizations.

Q: In what way will ransomware payment reporting assist in fighting cybercrime?

A:

By reporting ransomware payments, the government can gather data on patterns and trends of attacks. This information is vital for crafting effective responses and reducing the profitability of ransomware operations.

Q: What categories of devices are impacted by the new security standards?

A:

Smart devices, including virtual assistants, IoT-enabled appliances, and other connected technologies, will now be required to adhere to mandatory security standards to minimize risks.

Q: How does the legislation enhance information sharing during cybersecurity incidents?

A:

The new legislation enables the National Cyber Security Coordinator and the Australian Signals Directorate to exchange information collected from affected organizations during cyber incidents, facilitating a unified response.

Q: When will the new law take effect?

A:

The law is scheduled to come into force in 2024 as part of the comprehensive Australian Cyber Security Framework for 2023-2030.

Q: How were industry participants involved in the formation of this legislation?

A:

Extensive consultations were conducted with industry stakeholders through submissions and feedback during the drafting phase. The parliamentary joint committee on intelligence and security (PJCIS) reviewed over 60 submissions.

“Intel Finalizes Pentagon Agreement but Expects Reduced US Funding”


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Intel’s Pentagon Contract Affects US Subsidies

Intel’s Pentagon Contract Affects US Subsidies

Quick Overview

  • Intel has clinched a US$3 billion contract with the Pentagon to strengthen the secure semiconductor supply chain within the US.
  • Funding for this agreement comes from the US$39 billion CHIPS Act subsidy pool, influencing Intel’s direct grant amount.
  • The ultimate grant allocated to Intel is anticipated to be less than the original US$8.5 billion estimate.
  • The CHIPS Act is designed to rejuvenate domestic semiconductor manufacturing with a total of US$52.7 billion in funding.
  • Intel is confronting several hurdles, including shrinking margins, workforce reductions, and a 47% decrease in its stock value this year.

Overview of Intel’s $3 Billion Pentagon Deal

In September, Intel finalized a US$3 billion contract with the US Department of Defense (DoD), aimed at developing a secure domestic supply chain for semiconductors essential to national security. The financial backing for this contract was sourced from the US$39 billion designated by the CHIPS Act, rather than the Pentagon’s budget. This funding shift is expected to reduce Intel’s direct grant under the CHIPS Act.

Intel secures $3 billion Pentagon contract, influencing US subsidies.

The CHIPS Act: Enhancing US Semiconductor Manufacturing

Understanding the CHIPS Act

The 2022 CHIPS and Science Act, enacted by US President Joe Biden, allocates US$52.7 billion to revive domestic semiconductor production. This includes US$39 billion designated for manufacturing subsidies and US$11 billion for R&D efforts.

Intel’s Involvement in the CHIPS Act

Under the CHIPS Act, Intel was initially projected to receive US$8.5 billion in grants and up to US$11 billion in loans, intended to facilitate the construction of two new plants and the upgrading of an existing facility in Arizona. However, the adjustment due to the Pentagon contract may lower the final grant to approximately US$7.5 billion or more.

Challenges Confronting Intel

Financial Difficulties and Layoffs

This year, Intel has encountered significant obstacles, such as decreasing profit margins and the termination of thousands of employees. Despite substantial investments led by CEO Pat Gelsinger, Intel has found it difficult to reclaim its position in the semiconductor market.

Decline in Stock Value

Intel’s stock has fallen by 47% this year, now valued lower than rivals like Qualcomm and Advanced Micro Devices (AMD). The company’s lowered valuation has even attracted interest from potential acquisition bidders.

Market Consequences of Intel’s Pentagon Contract

The Pentagon contract highlights the crucial need to maintain a secure domestic semiconductor supply chain, especially for defense-related applications. Nevertheless, the redirection of CHIPS Act funds has faced criticism from some lawmakers who argue that Intel is disproportionately benefiting from these subsidies. This dispute underscores the challenges of reconciling economic drivers with national security objectives.

Conclusion

Intel’s US$3 billion Pentagon contract has altered the flow of CHIPS Act subsidies, likely leading to a decrease in its direct grant funding. While the contract reinforces Intel’s function in strengthening US semiconductor production, it arises at a moment when the company is battling financial hurdles and declining market valuation. As the semiconductor sector continues to transform, Intel’s trials and prospects epitomize wider transitions in global technology and geopolitics.

Q&A: Key Insights Regarding Intel’s Pentagon Contract

Q: What led to the decrease in Intel’s direct grant funding?

A:

The financial backing for Intel’s US$3 billion contract with the Pentagon was drawn from the CHIPS Act’s US$39 billion subsidy pool, resulting in a diminished direct grant allocation for Intel.

Q: What is the CHIPS Act and how does it relate to Intel?

A:

The CHIPS Act is a US government program aimed at providing US$52.7 billion to rejuvenate domestic semiconductor manufacturing. Intel stands to gain from subsidies and loans, even though the Pentagon deal has shifted the distribution of these funds.

Q: How is Intel performing as an organization?

A:

This year, Intel has encountered substantial challenges, including a 47% decline in its stock price, contracting profit margins, and widespread layoffs. These issues have prompted concerns regarding its sustainable competitiveness in the market.

Q: What are the implications of the Pentagon contract for the semiconductor sector?

A:

The Pentagon agreement underscores the strategic necessity of a secure US semiconductor supply chain, particularly for national defense needs. It also emphasizes the role of governmental subsidies in shaping the industry’s future landscape.

Q: How has the US government defended the CHIPS Act subsidies?

A:

The CHIPS Act subsidies form part of a wider strategy designed to lessen dependence on foreign-made semiconductors, enhance national security, and boost domestic manufacturing prowess.

Q: Are there controversies regarding the CHIPS Act funding?

A:

Indeed, certain lawmakers have expressed concerns regarding the redistribution of CHIPS Act funds to finance the Pentagon contract, asserting that Intel has been favored in the funding allocation process.