M70 Computer System Design and Related Services

Embrace telematics or lose share, insurers told

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Original article by Ruth Liew
The Australian Financial Review – Page: 21 : 10-Feb-15

Brian Wallace of IT group CSC believes that the introduction of telematics technology in Australia’s insurance industry is inevitable. He says car insurers in particular will need to implement telematics in order to protect their market share. Insurance Australia Group has ruled out offering such products, but QBE Insurance Group says its telematics product has resulted in cost savings of up to 30 per cent for some customers when renewing their policies

CORPORATES
COMPUTER SCIENCES CORPORATION, INSURANCE AUSTRALIA GROUP LIMITED – ASX IAG, QBE INSURANCE GROUP LIMITED – ASX QBE, ACCENTURE, CELENT COMMUNICATIONS LLC, NRMA LIFE LIMITED, CGU INSURANCE AUSTRALIA LIMITED

Apple revenue drops during ATO talks

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Original article by Neil Chenoweth, Paul Smith
The Australian Financial Review – Page: 6 : 28-Jan-15

Global technology firm Apple is one of eight such businesses accused of using overseas tax havens to engage in base erosion and profit shifting, substantially reducing its tax liabilities in Australia. A Singaporean holding company received $A2bn worth of the profits from Australia in 2014, before passing them on to an entity registered in Ireland. Sales were down 1% at $A5.86bn, but Apple paid a mere $A80.4m in local tax that at least was higher than the $A36.4m for 2013. Its practices are also attracting scrutiny by the European Commission

CORPORATES
APPLE INCORPORATED, AUSTRALIAN TAXATION OFFICE, EUROPEAN COMMISSION

Tennis event goes high tech to deliver smoother service

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Original article by Vanessa Desloires
The Australian Financial Review – Page: 3 : 20-Jan-15

A record 49,041 people attended the first day of the Australian Open in Melbourne on 19 January 2015. IBM launched its revamped SlamTracker platform on the first day of the tennis tournament. As well as providing data to spectators, the platform will assist Tennis Australia with staffing decisions to handle long queues. SlamTracker is making use of the two data centres opened by IBM in Sydney and Melbourne in 2014

CORPORATES
IBM CORPORATION, AUSTRALIAN OPEN TENNIS, TENNIS AUSTRALIA, TWITTER AUSTRALIA HOLDINGS PTY LTD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, DEAKIN UNIVERSITY

Woz – who started Apple – becomes an Aussie and looks to Tassie

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Original article by Paul Smith
The Australian Financial Review – Page: 1 & 8 : 19-Dec-14

US businessman Steve Wozniak plans to eventually relocate to Australia when he retires, after being granted permanent residency. The co-founder of Apple intends to buy a home in Sydney but says he ultimately hopes to live in Tasmania when he retires. Meanwhile, Wozniak has praised Apple CEO Tim Cook for developing an iPhone with a larger screen rather than remaining focused on the design preferences of Steve Jobs. Wozniak is upbeat about internet-connected cars, but describes Google Glass as an "admirable failure" which lacks sufficient reason to use it given the high cost of the device

CORPORATES
APPLE INCORPORATED, GOOGLE INCORPORATED, UNIVERSITY OF TECHNOLOGY, SYDNEY, SONY CORPORATION, SAMSUNG CORPORATION, LG CORPORATION, PEBBLE, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Tech start-ups flood in through the back door

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Original article by Sally Rose
The Australian Financial Review – Page: 2 : 3-Dec-14

A growing number of emerging technology companies are electing to list on the Australian sharemarket via a so-called "backdoor listing". More than 20 such companies have done so in 2014 or propose this means of listing, although the Australian Securities & Investments Commission has some concerns about the trend. However, the ASX’s Eddie Grieve stresses that every company that lists on the market is subject to the same level of scrutiny

CORPORATES
ASX LIMITED – ASX ASX, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, GTT VENTURES PTY LTD, CIRRUS NETWORKS PTY LTD, XTV NETWORKS, COVATA LIMITED – ASX CVT, SKYFII LIMITED – ASX SKF, GRAYSONLINE AUCTIONEERS, GRT PTY LTD, MPIRE MEDIA PTY LTD, DIGITAL CC LIMITED – ASX DCC, STREAM GROUP LIMITED – ASX SGO, DECIMAL SOFTWARE LIMITED – ASX DSX, ZIPTEL LIMITED – ASX ZIP, YONDER AND BEYOND LIMITED, ENVERRO LIMITED – ASX ERR, BIG REVIEW TV LIMITED, CROWD MOBILE, YPB GROUP, INTERGEN (AUSTRALIA) PTY LTD, MIGME LIMITED – ASX MIG, 1-PAGE LIMITED – ASX 1PG, ECP ASSET MANAGEMENT PTY LTD

CBA shuffles executive ranks

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Original article by Michael Bennet
The Australian – Page: 23 : 2-Dec-14

The successor to Grahame Petersen as group executive for business and private banking at Commonwealth Bank of Australia (CBA) has been announced. Adam Bennett joined CBA in 2004 from consultancy AT Kearney to work in the IT division, and served as CIO during the core banking system overhaul that experts say has allowed CBA to become the leader in the use of banking technology solutions. The business banking unit is the second largest at CBA after retail banking

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AT KEARNEY AUSTRALIA PTY LTD, DEUTSCHE BANK AG, MACQUARIE GROUP LIMITED – ASX MQG

CBA backs university’s quantum leap

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Original article by Paul Smith
The Australian Financial Review – Page: 19 : 2-Dec-14

Research into the development of quantum computers at the University of New South Wales has been given a boost via a $A5m investment by the Commonwealth Bank. Michelle Simmons, the head of the university’s Centre for Quantum Computation & Communication Technology, says the investment will help Australia to maintain its status as a world leader in the technology. She is also hoping for financial support from the Federal Government

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, UNIVERSITY OF NEW SOUTH WALES. CENTRE FOR QUANTUM COMPUTATION AND COMMUNICATION TECHNOLOGY

Shark alert app copied

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Original article by Nick Sas
The West Australian – Page: 22 : 21-Nov-14

The Western Australian Government may face legal action over allegations that it infringed a software developer’s intellectual property. Paul Holliday invested $A140,000 in the development of iKoast, an app that warns users about shark sightings on the state’s coast. The app was launched in March 2014, and Holliday claims that the Government’s Sharksmart website is based on his app

CORPORATES
WESTERN AUSTRALIA. DEPT OF FISHERIES, SURF LIFE SAVING WESTERN AUSTRALIA INCORPORATED, GOOGLE INCORPORATED

Google, PwC’s global alliance

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Original article by Agnes King
The Australian Financial Review – Page: 3 : 29-Oct-14

Luke Sayers, CEO in Australia for global accounting firm PricewaterhouseCoopers (PwC), has announced a new alliance with web search engine services group Google. The latter’s enterprise MD in Australia, Kevin Ackhurst, notes that while both entities are still free to strike deals with the respective partner’s rivals as well, in some areas there will be an exclusive arrangement. The aim of the new collaboration is to offer consulting services to businesses affected by digital disruption. PwC will also resell and install Google’s Apps for Work suite of office software products

CORPORATES
PRICEWATERHOUSECOOPERS, GOOGLE AUSTRALIA PTY LTD, GOOGLE INCORPORATED, DELOITTE TOUCHE TOHMATSU LIMITED, QUATTRO SYSTEMS PTY LTD

Prof Woz signs on to UTS bot camp

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Original article by Tim Dodd
The Australian Financial Review – Page: 3 : 22-Oct-14

Mary-Anne Williams, director of the Innovation & Enterprise Research Lab at the University of Technology, Sydney (UTS), has announced the appointment as adjunct professor of Steve Wozniak. He co-founded the Apple computer company in the US, and will not receive any remuneration for what is his first such mentoring role globally. UTS deputy vice-chancellor research Glenn Wightwick says it is an indicator of the institution’s focus on innovation

CORPORATES
UNIVERSITY OF TECHNOLOGY, SYDNEY, APPLE INCORPORATED, GEHRY PARTNERS LLP