Shen Lu

Generative AI adoption has reached a critical phase, with increased investment bringing increased expectations. Our latest State of Generative AI in the Enterprise report reveals 80% of Australian business leaders believe the technology will transform their businesses within just three years, and outlines the key focus areas for identifying opportunities and successfully scaling Generative AI solutions. For more, read the Australian perspective on the State of GenAI and access the full report: https://deloi.tt/3YOllBF #GenAI

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In our recent Lunch and Learn, Alex Young MAICD Young, Head of Innovation at Australian Red Cross Lifeblood, shares his experiences in building generative AI PoCs. What metrics does he focus on when evaluating the success of projects? The DVF framework (Desirability, Viability, Feasibility). A traditional design and innovation concept that ultimately asks, does it solve the problem in the business? Hear more from Alex Young, in our recording of - Make The Gen AI Benefits Outweigh The Risks - where he shares his experiences in building POCs, and explains it needs to fundamentally solve a problem. Save and watch for your next PoC development: https://zurl.co/paWn #PoC #generativeAI #DVF #genAI

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NZ Healthtech companies raised $220m from 82 deals in three years - but more is needed. A sneak peek of Technology Investment Network and Medtech-iQ Aotearoa's 2024 New Zealand Healthtech Report - to be launched next Wednesday at The University of Auckland's Faculty of Engineering. Featuring intel on 233 local healthtech companies, and with updated figures on total sector revenue, trade, employment, investment, spending and more - we trust this report will be a real page-turner for the sector. On investment: Bringing healthtech devices or medications to market is incredibly capital-intensive. Going from concept to market may take an established healthcare firm five or more years and tens of millions in development costs, depending on the device or drug class. So how are our startups doing? 💲 NZ reached peak healthtech investment of $92m in 2021. Mature start-ups collected $72m across 11 later-stage deals, with an additional 16 early-stage deals inked at an average $1.2m per raise. 💲 Enthusiasm cooled in 2022; investors were more judicious. Alimetry, TamoRx and Formus Labs were the big winners, combining for $40m. Early-stage deal volume remained steady, albeit with a lower average of $770,000 per raise. 💲 VCs continued to back the sector in 2023, but at earlier stages and smaller deal sizes. Of the 30 deals secured, 23 were by seed and growth-stage start-ups, accounting for half of total capital last year. 💲 Female founders or co-founders netted a third of total capital raised between 2021-2023 and 25% of total deals. On average, female founders raised $3.6m per deal from that smaller base, higher than their male counterparts who averaged $2.4m per deal. With additional thanks to Andy Chu, ACCA, Byron van Vugt and our friends at NZ Growth Capital Partners. Aisling Weir Kate de Ridder Diana Siew Maria Jose (MJ) Alvarez Andrew Clews Richard Cotman Sophie Liu Hon Judith Collins KC MP Jardin Green

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Think superannuation is something to worry about later? Think again! Your 30s are the perfect time to start building a strong financial future. Discover why early planning can make a huge difference and debunk the myth that it’s too soon to think about retirement savings. Click to read how a few smart moves now can lead to a comfortable and secure future: https://lnkd.in/g7DhsT5e #super #superannuation #financialplanning

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The Fujitsu Macquarie AI Research Lab has launched in Sydney, setting new standards for AI innovation! 🌟 Focused on behavior analysis, this collaboration integrates digital coaching with Generative AI to support real-world activities, from safety to rehabilitation. Harnessing Macquarie University’s expertise in Health Informatics and AI Process Automation, this lab develops personalized coaching tools to assist users when human coaches aren't available. 🚶‍♂️📈 Our technologies leverage LLMs, Vision AI, and Knowledge Graphs to understand user behavior and deliver tailored coaching interventions. This innovation will power future offerings within Fujitsu Kozuchi. 🔍🖱️We can’t wait to see the impact of this partnership! Read more on our #Techblog: https://lnkd.in/gpbg25bN (日本語), https://lnkd.in/gHshVa_w (Eng) #GenerativeAI #MachineLearning #BehaviorAnalysis

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Economic data releases play a crucial role in shaping trading activity on the Australian Securities Exchange (ASX), providing vital insights into the health and direction of the economy. Here's a quick explainer to help keep your finger on the pulse... https://lnkd.in/gbgDfXb4

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A sign of many conversations to come about the importance of Sovereign AI - Sean Muller speaking at Team Cloud in Wellington. This is a critical topic that we'll be covering in depth with experts from Spectrum Consulting - so follow us if Sovereign AI is important for your data.

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Is AI Going to Replace Developers?🧑‍💻➡️🤖 We at LANEX Australia have explored the burning question on everyone's mind: Will AI replace developers? Our latest blog post delves into the intricate relationship between AI and software development, examining the potential impacts and the future of human-AI collaboration. AI technologies are rapidly evolving, but rather than posing a threat to developers, they are opening new doors for innovation and efficiency. Our article discusses how AI can augment the development process, automate repetitive tasks, and enable developers to focus on more creative and complex aspects of their work. #AI #SoftwareDevelopment #TechInnovation #ArtificialIntelligence #Developers #FutureOfWork #Lanex #TechBlog #Innovation https://lnkd.in/gJyMacQA

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There was a huge announcement at the AWS Summit in Sydney. Our team took the journey over to Sydney to get insight into what is to come for AWS. It's no surprise that AI was a hot topic, it has been a hot topic around the world for some time now. AWS announced its release of Amazon Bedrock, AWS GenAI service, to the Sydney region. This brings the technology closer to Australia and New Zealand end users. We are excited to start bringing the offering into our services at Easycoder and giving businesses across New Zealand and Australia the power of AI to grow their businesses (securely). "With Amazon Bedrock now available in the AWS Sydney Region, we’re giving customers even greater choice in where they run and train their generative AI workloads, supporting customers in highly regulated industries and those with low latency preferences to accelerate innovation, address business challenges, and help strengthen the nation's digital economy through this transformative technology." We will share more updates and highlights that our team gathered from the AWS summit in Sydney, stay tuned. https://lnkd.in/gwtfCQkk #cloud #artificialintelligence #data #machinelearning

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I’m proud to share that Ajust has raised $2 million in a Seed round led by Carthona Capital. But I’m even more proud that Ajust has now supported thousands of consumers to resolve problems with over 750 Australian businesses. Being a consumer is a big part of our everyday lives. From banking to utilities to supermarkets to telco - we rely on businesses to manage our money, to eat, to keep warm and to stay connected to the world. When things go wrong, it isn’t just an inconvenience – it can bring our lives to a standstill and cause lots of stress. With my background in consumer law, friends and family often came to me for help when they had disputes with businesses. Part of me enjoyed the process - going up against insurance companies and huge retailers to get fair outcomes for the people I love. But it always took a lot of time and relied on my knowledge of consumer law. I started Ajust because getting fair resolutions as a consumer shouldn’t require a fight or being able to ask a favour from a friend with legal training. Orchestrated well, AI tools can massively help consumers to resolve issues with businesses. Thousands of consumers have been using Ajust’s AI platform to resolve issues - from getting refunds for faulty products, to fixing broken internet connections, to correcting energy meter readings. This Seed funding will support us to expand our platform to help consumers with even greater range of interactions. Soon, we’ll be more than an express lane for complaints, we’ll become the best option for consumers to contact businesses about all kinds of issues - from pausing a gym membership, to comparing quotes, to changing bookings. To read more about our journey to date and the opportunity we see for consumers to benefit from the AI revolution, here’s the article by Amelia McGuire.

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Bridging the AI divide requires addressing both technical and cultural gaps. ADAPT's CIO Edge Survey of 112 Australian CIOs highlights these challenges. Technical issues like data skills, funding, and data quality need urgent attention, while culturally, creating a data-driven environment, building AI trust, and making AI a strategic priority is essential. 🔍 Address data skill shortages to boost AI capabilities. 💰 Secure resources and refine data quality for effective AI integration. 🤝 Cultivate a robust data culture and trust in AI to align technology with strategic goals. #AI #DataCulture #TechInnovation #AIReadiness 

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In this week’s Digital Asset Digest, we discuss the strong ongoing Bitcoin ETF Flows and NVIDIA hitting $3T, crypto giants propelling the Fairshake PAC’s donations to $160 million, digital asset investment products’ YTD inflows surpassing $15 billion, Australia launching its first-ever spot Bitcoin ETF, Pudgy Penguins’ partnership with Mythical Games to launch a AAA Web3 mobile game in 2025, Bitcoin’s Stock-to-Flow model’s YE $200K price forecast, Web3 VC activity heating up with $4.3 billion allocated across nearly 800 deals YTD, Bitcoin NFTs and Blur being the rising stars in the downturned NFT market, and more. Subscribe to our weekly Digest, it’s free: http://bit.ly/44icx6m #Bitcoin #NVIDIA #Web3 #DigitalAssetDigest #NinepointDAG

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📰 In AI Today published an insightful article by George Dragatsis. In the article, George argues that building a robust data infrastructure isn't a one-time task but a continuous journey. True resilience means staying vigilant, adapting proactively, and defending against our ever-changing tech landscape. Explore George's full article for valuable insights: https://lnkd.in/envtxXza #AI #Resilience #BusinessStrategy #Technology

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As the co-founder and CEO  of Quantum Interface, I’m thrilled to share our latest insights on how DevOps is transforming the business world. DevOps isn’t just a buzzword; it’s a transformative approach that’s reshaping how we think about software development and deployment. 🚀 At Quantum Interface, we’re passionate about leveraging DevOps to enhance collaboration, increase efficiency, and deliver continuous innovation. It’s not merely about faster delivery; it’s about building a culture that aligns development with business needs, ensuring that every code commit translates into value for our customers. The integration of DevOps into our operations has been nothing short of revolutionary. It has allowed us to respond to market changes with agility and confidence, knowing that our infrastructure is both scalable and secure. More importantly, it has enabled us to maintain a customer-centric approach, where rapid iterations and feedback are the cornerstones of our product development cycle. I’m proud of the strides we’ve made and excited about the future. If you’re as passionate about DevOps and its potential as we are, or if you’re curious about how it can benefit your business, I invite you to reach out. Let’s explore the possibilities together and unlock the full potential of your business operations. For inquiries or further discussion, feel free to drop me an email at [email protected]. Visit our website at www.qinterface.net to dive deeper into our DevOps journey, and don’t hesitate to contact us if you have any questions or need assistance. Together, let’s drive the future of software development and business transformation! #DevOps #Automation #CI #CD #CloudComputing #SoftwareDevelopment #BusinessTransformation #TechInnovation #QuantumInterface #QI #Agile #DevSecOps

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It's important to pause and reflect on how far we've come as a team of business-enabling IT professionals since Walden Digital's inception four years ago. Recently, I had the opportunity to sit down with “Interface”, Europe's leading CIO magazine, for an in-depth interview. We discussed the latest digital supply chain trends in logistics and healthcare logistics and explored the Digital Transformation happening across the Walden Group and its subsidiaries—Walden Digital, Movianto, ETP, TPI, and Ciblex/Relais Colis. The interview covered our innovative data journey with Databricks/Azure and the unique advantages of having in-house software development capabilities through our own digital subsidiary. The path hasn't always been straightforward, but our commitment to learning, engaging with business leaders, and adopting a "fail fast and agile" mindset has allowed us to enhance our digital capabilities, improve organizational choices, and increase supply chain agility and responsiveness. Looking forward to what’s next. If you’re interested in learning more, feel free to reach out for a virtual coffee. #DigitalTransformation #SupplyChain #Innovation #Leadership #WaldenDigital #Agility

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Startups drive change, and Attivare.com.au connects investors to that future. 🌟 A powerful platform blending expertise and opportunity—this is how we activate Australian innovation for generations ahead! 🚀 #AustralianInnovation #ESIC #WealthGrowth #BusinessInnovation #Attivare #TaxEffectiveInvestment #TaxEffectiveStrategy #TaxRebate

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🌐 Accelerate Your Cloud Journey with API Connects! The cloud revolution is here, and Amazon Web Services (AWS) is leading the charge with unparalleled scalability, agility, and cost-efficiency. For businesses in New Zealand, navigating AWS can be complex, which is why API Connects partners with enterprises to design, implement, and manage the best cloud solutions. ✨ Our AWS Cloud Services: AWS Security 🔒: Protect your data with top-tier security solutions tailored to the AWS environment. AWS Cloud Migration 🚀: Smooth, secure transitions to the cloud, minimizing downtime. Managed Cloud Services 🛠: Ongoing optimization, maintenance, and support to keep operations seamless. AWS Database Migration 💾: Reliable, secure database migration across platforms. DevOps Automation ⚙️: Automate workflows for faster, efficient development and deployment. Ready to transform your cloud journey? Partner with API Connects and harness the true potential of AWS cloud technology. https://lnkd.in/gwZhr-rU  #cloudcomputing #AWS #cloudmigration #DevOps #digitalinnovation  #NewZealandBusiness #cloudsolutions #newzealand

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