Energy sector stories

MMS Group Indonesia is set to digitally transform its workforce by implementing Workday Human Capital Management, aiming to double its team in the coming year.

Siemens has reached an agreement to acquire Altair Engineering for an enterprise value of approximately USD $10 billion, enhancing its industrial software capabilities.

In Australia, real-time mobile solutions are transforming safety and efficiency for field workers in the energy sector, which faces a serious operational risk challenge.

Macrium has unveiled Reflect X, a cutting-edge backup solution boasting doubled recovery speeds and native support for ARM devices, enhancing operational resilience.

Orro has launched a new division, Orro Critical Infrastructure, to enhance Operational Technology services for critical infrastructure in Australia and New Zealand.

Vocus Group partners with Gentrack to launch a modern billing system for Dodo Power & Gas, enhancing operational efficiency in the Australian energy sector.

Power shortages risk stalling West London's tech boom, warns Aggreko. Energy solutions like battery storage and advanced generators are critical for new data centre projects.

Halliburton's recent cyberattack underscores the urgent need for heightened cybersecurity in the energy sector, stressing proactive measures and robust recovery plans.

Sophos reports a fourfold rise in median recovery costs for energy and water sectors to USD $3 million in 2024, highlighting critical infrastructure vulnerabilities.

SMA Australia has named John Alexander as Vice President of Large Scale. With 35 years in the energy sector, he aims to enhance market presence through advanced grid-forming inverters.

Energy sector outages are costing over USD $34 million annually, reveals a New Relic report. Enhanced observability and AIOps adoption are key strategies for mitigation.

A SecurityScorecard report reveals 97% of the UK's FTSE 100 firms faced third-party breaches last year, stressing urgent supply chain cybersecurity enhancements.

Nuclear power's promise of 24/7 reliability faces unexpected challenges in Australia’s future grid, clashing with the dominance of rooftop solar.

Princeton Digital Group (PDG) has appointed Niall Hannigan as Group CFO, effective 3rd June 2024, to bolster the company's global growth in the digital economy.

AI could revolutionise KiwiSaver accounts by providing real-time data insights, optimising investments, and driving wealth creation for 3.25+ million investors.

African nations are becoming testing grounds for sophisticated ransomware attacks, becoming primary targets before developed nations, according to cybersecurity firm Performanta.

Aiven commits to sustainable operations in the tech sector, highlighting the urgent need for carbon emissions reduction in light of equivalent pollution levels to the aviation industry.

DTEX Systems' report warns that nation state actors are increasingly exploiting insider threats, escalating their interference and intellectual property theft. The issue necessitates urgent attention for enhancing defensive resilience of entities.

Neat appoints Jason MacBride as their new Regional Director for Australia and New Zealand, placing him at the helm of the company's growth strategy across the Oceania region.

Salient Predictions introduces an upgraded model aimed at transforming risk management in key sectors such as energy, agriculture, and insurance, offering advanced foresight for weather-related disasters.