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  • Telstra, Box and the Web 2.0 bubble | Business Spectator
    big can the Web 2 0 bubble get Online storage is big business in the age of mobility and the Cloud but with so many billions touted on paper it s certainly worth pondering whether this is one colossal bubble waiting to pop or the signpost of a fundamental business transformation Valuation is already dividing opinion Facebook Twitter Instagram and Box all boast astronomical valuations despite having very little to show in the way of profits That s pretty much par for the course when it comes to the current tech boom It s less about the books and more about the primacy of these companies on the new customer centric business narrative With no profits in sight a lot of Web 2 0 companies are being valued at a price to sales ratio basis which in Twitter s case worked out to around 22 times its expected 2014 sales In Box s case with end of calendar year revenue set to come in at around 100 million the price to sales metric comes in at 20 times revenue Lofty metrics like these would entice some daring investors to jump on board but leave most punters looking for the exit But what if Web 2 0 isn t a repeat of Web 1 0 Unlike the dot com bubble of 1997 2000 the big difference this time is that Web 2 0 business models are far more realised and far better articulated than those of the dot com era The promise of web enabled has now given way to even more alluring prospects of how cloud mobile and social is redefining businesses across the board For some the frothy stories are leading to frothy valuations with investors paying more attention to the hype rather than the fundamentals However Box has its believers and Forrester Research s Tyler Shields says that the real merit for some Web 2 0 companies lies not just in merely capitalising on the prevailing technology trends but actually building the framework that controls their future The high multiples and expectation of success according to Shields are based on the fact that the likes of Twitter and Box have a high potential to turn into an Internet enabling protocol Box and some of the other competitors in this space are well positioned to capitalise on the mobile cloud and consumer transformation that is occurring By providing application programming interfaces APIs and software development kits SDKs to developers world wide Shields says Box is enabling the mobile application ecosystem to be built on top of the Box protocol Box is making a play at becoming the de facto business and personal storage cloud for any application looking to store data In the case of Box the business provides a fundamental element of the overall data storage in the cloud equation which dictates that the concept of file storage must shift away from the traditional systems to storage as a data object in the cloud Outfits like Box and

    Original URL path: http://www.businessspectator.com.au/article/2013/12/17/technology/telstra-box-and-web-20-bubble (2014-01-12)
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  • NBN Co gets access greenlight from ACCC | Business Spectator
    the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu NBN Co gets access greenlight from ACCC Supratim Adhikari 13 Dec 2013 10 48 AM Technology NBN Buzz Approval paves way for NBN Co to sign its first long term contracts with internet service providers You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password The NBN Special Access Undertaking SAU has finally received the stamp of approval from the Australian Competition and Consumer Commission ACCC paving the way for NBN Co to sign its first long term contracts with internet service providers ISPs The key regulatory document which sets the access and pricing framework for NBN Co to supply services to ISPs has been a prolonged process of consultation and assessment by the ACCC The watchdog s chairman Rod Sims said that the approved SAU was very different to the one submitted by NBN Co two years ago The SAU will form the basis for how NBN Co can set its prices and change its product offerings over time It will also form the basis for ACCC oversight of NBN Co s allowable revenues and prices Mr Sims said in a statement Through the changes the ACCC requested and NBN Co has made it is now a much more balanced instrument Mr Sims said While the Coalition s multi technology mix MTM approach to the building of the network may have some impact on the undertaking the ACCC said that most of the commitments in the SAU are technology neutral If however NBN Co wishes to vary the undertaking in the future in light of any new directions from the government this can be accommodated Mr Sims said NBN Co may also withdraw the SAU at any time by giving 12 months notice NBN Co s head of regulatory affairs and industry analysis Caroline Lovell said that the approved undertaking takes into account the flexibility needed to respond to future technology changes

    Original URL path: http://www.businessspectator.com.au/news/2013/12/13/technology/nbn-co-gets-access-greenlight-accc (2014-01-12)
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  • Vodafone Australia boss Bill Morrow to lead NBN Co | Business Spectator
    Vodafone to announce the company s next round of results in February The appointment will see Mr Morrow who took on the CEO role at VHA in March 2012 leave the telco While VHA has embarked on an ambitious turnaround plan since Mr Morrow took charge the telco is yet to recover from the network woes it suffered in 2010 2011 VHA s customer numbers in the three months ending September 30 continued to show signs of haemmorhaging with the telco losing around 600 000 mobile customers in the period according to Vodafone Group s fin ancial results Additional reporting by Harrison Polites Print this page Related articles 10 Jan ACMA hits Telstra with record fine 10 Jan Google v Facebook Who knows wins 08 Jan Will Twitter s founder strike social gold twice 08 Jan Australia risks missing tech boom 08 Jan Telstra to sit on cash report More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments on this article Comments Policy Brad Cooke Thu 2013 12 12 01 15 Jumping before being pushed Despite all of the words coming from Morrow since taking over the helm at Vodafone it has seen an accelerating decline in customer numbers and standards under his watch And here he is after committing to employees that he would see this through he is jumping ship Although many employees will be happy to see Morrow depart given the morale internally is poor it is astonishing that he has put the company through the turmoil he has and then walks away unless he was pushed Interesting to go back and review his comments on NBN and in particular his support of Turnbull to see why he has been selected to run the NBN Ian Macallan Thu 2013 12 12 07 35 Brad He is at the other end of the spectrum from Ziggy where he is a damn good compliance and administrative man yet Bill Morrow will drive change and see things differently from the main Perhaps sparks will fly in the boardroom as I assume Morrow is taking the dual role of CEO and MD since Ziggy is to become a non exec Chair Throw into that mix the new board members of Milne Hackett and Flannigan and you have some fairly meaty technical leadership in various disciplines Not a lot of financial or legal but they can buy that as and when needed To bring this lot together as a cohesive group is Ziggy s job To get them mobilised for addressing whatever the NBN is to be designed tested and deployed is Morrow s job I would hazard a guess that is why they picked him also there not a very deep pool to choose from either As for his departure from Vodaphone they are on the mend and just need to stay on track for re engagement of

    Original URL path: http://www.businessspectator.com.au/news/2013/12/11/technology/vodafone-australia-boss-bill-morrow-lead-nbn-co (2014-01-12)
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  • NBN's new Mr Fix-It | Business Spectator
    captain taking the helm at a project that has had more than its fair share of turbulence Then again Morrow is no stranger to dealing with turbulence In fact his renowned acumen as a troubleshooter could just be the tonic NBN Co needs to fortify itself for the road ahead He weaved his magic at Japan Telecom which became Vodafone KK and was subsequently sold to Softbank for a cool US15 billion And from the looks of things things at Vodafone Australia were on the mend as well The telco might still be bleeding customers but telco analysts are unanimous that Vodafone Australia can still make it work provided it rehabilitates its network in time for when the public is willing to forgive and forget its sins of the past Taking the lead on tackling roaming costs tempting customers back with a double data play are all initiatives that came into the picture under Morrow s term But could his sudden departure potentially undo some of the goodwill Morrow s reported move to NBN Co could prove to be a tremendous disruption for Vodafone Australia given that its turnaround is still very much a work in progress Morrow was always on the list of head hunter Egon Zehnder s list ever since Quigley s announcement in July but it must have been an almighty bout of negotiations to persuade Vodafone to let him go To be fair to Vodafone Morrow s task at the telco is far from finished From a public perception viewpoint it s reasonable to assume that critics won t hesitate to point out that fixing Vodafone may have proven to be challenging enough for Morrow to persuade him to jump ship But leaving Vodafone behind for NBN Co Morrow may be a glutton for punishment or perhaps the telco industry s Mr Fix It is ready to make his mark at a grander scale There s no doubt that Morrow has the drive and the nous to take on this challenge He has a thorough understanding of the industry and while his contribution to the NBN debate has so far focused on opening up NBN infrastructure to mobile operators he should be capable of looking at the bigger picture When it comes to access to NBN owned infrastructure that deal is pretty much a given The negotiations with Telstra and getting a handle on the construction outsourcing process that will be the big picture stuff that may prove more challenging As for Vodafone Australia its turnaround man has now purportedly moved on to a bigger arguably more complex challenge But can the telco s parent companies rustle up another sharpshooter who can keep Morrow s initiative in play If not then it all points to some very serious changes for Vodafone Australia Print this page More from Supratim Adhikari 20 Dec Credit Suisse to advise Coalition on Telstra NBN deal report 20 Dec The NBN is dead long live the NBN 19 Dec Computing Google s

    Original URL path: http://www.businessspectator.com.au/article/2013/12/12/technology/nbns-new-mr-fix-it (2014-01-12)
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  • Equity crowdfunding platform VentureCrowd goes live | Business Spectator
    social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Equity crowdfunding platform VentureCrowd goes live Supratim Adhikari 11 Dec 2013 11 29 AM Technology Start ups Venture capital outfit Artesian s platform lets startups pitch and secure funding online from a crowd of investors in exchange for equity You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Australia s first online equity based crowdfunding platform VentureCrowd is now live with aspirations to democratise the early stage finance sector in Australia VentureCrowd developed by venture capital outfit Artesian allows start ups to pitch and secure funding online from a crowd of investors in exchange for equity in the business According to Artesian managing partner Jeremy Colless VentureCrowd is designed to expose start ups to a wider range of investors The funding model seeks to partner with a broad range of key participants in the local market including accelerators incubators universities digital agencies and corporate venturing programs As individual investors do not have the capacity to assess even a fraction of the start up opportunities that exist in their own region let alone nationally they will benefit from VentureCrowd s partners filtered flow of start up opportunities that are subsequently selected to participate in mentor driven accelerator and incubator programs Mr Colless said Investors registered on VentureCrowd will be given the opportunity to invest in companies that have been pre screened through Artesian s partner

    Original URL path: http://www.businessspectator.com.au/news/2013/12/11/technology/equity-crowdfunding-platform-venturecrowd-goes-live (2014-01-12)
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  • AFP to trial 'deep packet inspection' surveillance | Business Spectator
    Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu AFP to trial deep packet inspection surveillance Supratim Adhikari 11 Dec 2013 11 01 AM Technology Applications Security The Australian Federal Police eyes full rollout of controversial technology in April You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password The Australian Federal Police is reportedly set to trial deep packet inspection DPI technology in February with a full rollout scheduled in April An AFP spokesman has told AAP that the controversial surveillance technology which allows network providers to peer into the digital packets over a network will only be used as a system tool within the organisation DPI is currently being used by network service providers and governments to maintain network security and a diagnostic tool to root out protocol non compliance and security threats According to AAP the technology will not be connected to any external telecommunications or other IT networks and is not associated with data retention in Australian telecommunications networks Tenders for the new system which comes with a three year confidentiality clause close later in

    Original URL path: http://www.businessspectator.com.au/news/2013/12/11/technology/afp-trial-deep-packet-inspection-surveillance (2014-01-12)
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  • NAB recruits new CIO | Business Spectator
    Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu NAB recruits new CIO Supratim Adhikari 10 Dec 2013 9 25 AM Technology Industries Financial Services Former Ernst and Young partner David Boyle to replace Denis McGee who announced his departure in August You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password National Australia Bank has appointed Ernst and Young partner David Boyle as its new chief information officer with the ex Commonwealth Bank technology executive to start the role in February Mr Boyle who previously served as a divisional CIO at CBA s group services and international financial services business units replaces Denis McGee who announced his departure in August NAB said that Mr Boyle will play an integral role in building on the strong foundations laid over the past four years He will bring strong expertise in technology and cultural transformation strategic insight and stakeholder management the bank said in a statement Mr McGee was appointed CIO in November 2012 under an arrangement that saw him in charge of the day to day IT operations and Adam Bennet made in charge of NAB s 1 1 billion core banking system overhaul Mr Boyle will report to group executive of enterprise services and transformation Lisa Gray who is confident that the bank s technology

    Original URL path: http://www.businessspectator.com.au/news/2013/12/10/technology/nab-recruits-new-cio (2014-01-12)
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  • Australian IaaS market to reach $380m by 2017 | Business Spectator
    latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Australian IaaS market to reach 380m by 2017 Supratim Adhikari 6 Dec 2013 8 52 AM Technology Applications Cloud Computing Data Management Mobility Infrastructure as a Service set to take off as more organisations switch to the IaaS provisioning model and more vendors enter the local market You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Australia s Infrastructure as a Service IaaS market is set to reach 380 million by 2017 as more organisations switch to the IaaS provisioning model and more vendors enter the local market According to the latest report by industry analyst Frost Sullivan IaaS expenditure is set to grow at an compound annual growth rate CAGR of almost 43 per cent by 2017 One factor in the uptick of IaaS adoption is that organisations are starting to feel more confident about the reliability and security of the cloud delivery model The other big factor is the increasing need for mobility among corporate employees requiring access to corporate resources from any internet enabled location IaaS vendors in Australia are categorised into four main groups with pure play providers like Amazon Web Services RackSpace and Google competing with carrier cloud players Macquarie Telecom Telstra traditional managed service providers Fujitsu Brennan IT and large integrators and channel partners now developing cloud services Frost and Sullivan analyst Mayank Kapoor said that the traditional managed service providers has evolved rapidly to the changes in the IaaS market These providers offer

    Original URL path: http://www.businessspectator.com.au/news/2013/12/6/technology/australian-iaas-market-reach-380m-2017 (2014-01-12)
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