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As we begin to approach the middle of 2019, financial services organisations all over the world are bracing for another busy year of cyber attacks.

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Last year, cloud unicorn, Qualtrics, was acquired by SAP for US$8 billion. The sale came days before the Qualtrics IPO, with SAP stumping up $8 billion in cash in the final stages of the Qualtrics investor roadshow.

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We believe it’s critical for people to better understand what really happened during this mania, the skewed incentives that resulted and the ramifications of this blind excess.

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With new open banking regulations coming into effect February 2020, banks are ramping up their in-house engineering efforts, and finding themselves going head-to-head with global tech companies for developer talent.

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Public cloud continues to expand rapidly across Australia as enterprises race to embrace the promise of increased speed and simplicity. In fact, recent research forecasts IT spend in Australia will hit $93 billion in 2019, with businesses favouring cloud services instead of investing in their own servers.

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