Fortune 500 stories

STT GDC to invest USD $3.2 billion in India’s data centre expansion, tripling its IT load capacity over the next 5-6 years amid rising digital demand.

Cribl secures USD $319 million in Series E funding, valuing the company at USD $3.5 billion, with Google Ventures leading the round and joining the board.

Red Hat has launched OpenStack Services on OpenShift, aiming to simplify virtualisation and cloud management, specifically benefiting telecommunications firms.

SquareX’s DEF CON 32 presentation reveals flaws in Secure Web Gateways, urging firms to rethink their reliance on outdated tech for browser security.

The University of Canterbury will scrap its Oracle system in favour of Workday to centralise data and enhance operations as part of a major digital overhaul.

DeepL unveils an advanced language model for superior translations and editing, setting new industry standards and offering businesses unmatched efficiency.

InMoment integrates generative AI into its Conversational Intelligence, enhancing customer experience analytics by merging various feedback sources like contact centres, surveys, and social media.

Singapore’s StarHub has achieved 184th place in the inaugural FORTUNE Southeast Asia 500 list for 2023, marking a notable revenue-based ranking.

A survey by OpenText Cybersecurity reveals 92.5% of businesses see AI-led security as crucial for growth, with MSPs and MSSPs prioritising AI integration.

Lucid Software unveils AI-powered updates to its Visual Collaboration Suite, enhancing integration with Microsoft Copilot and boosting productivity in Lucidchart and Lucidspark.

NP Digital is set to acquire SearchGuru, boosting its APAC presence and enhancing service offerings. This move adds 120 marketers to NP’s 270-strong team.

SentinelOne and Advantage team up to integrate generative AI into MDR services, revolutionising enterprise security in New Zealand with PurpleAI.

Tel Aviv-based Adaptive Shield announces major expansion of its SSPM platform, tackling complex permissions and data sharing to enhance SaaS security postures.

Canva unveils its biggest platform upgrade in a decade at LA's Canva Create event, expanding enterprise services with new tools for productivity and creativity.

Integrity360 partners with Armis to strengthen cybersecurity across Europe, enhancing digital asset visibility and threat management for multiple sectors.

ABBYY appoints Clayton C. Peddy as Chief Information Security Officer to boost cybersecurity across global operations, reflecting their dedication to robust data security.

SentinelOne, renowned for its AI-powered security, is celebrated as one of Australia’s Best Workplaces in Technology, embodying trust and inclusivity.

Financial intelligence provider, Moody's, appoints industry veteran Jeremy Schwartz as new regional leader for Oceania, poised to take forward the company's expansion in the region.

Workday surpasses USD $1 billion in annual recurring revenue in the retail sector, with 60% of Fortune 500 retail firms adopting their HR and financial management solutions for real-time business insights.

Commercetools sees 65% growth in ARR, attributing success to B2B expansion including prominent partnerships with Fortune 500 companies like Volkswagen and BMW.