Suncorp is entering the final phase of its mammoth technology integration project after acquiring Promina in 2007 and expects to have completed the initiative by the end of June, according to one of the executives responsible for the company's IT infrastructure.
Stories by Paul Smith
Pipe Networks bid to build an under-sea fibre link between Australia, the US and Asia is now seriously in doubt, with the company going into a trading halt following a failure to secure the finance from ANZ and Westpac to complete the ambitious project.
The chief executive of Pipe Networks, Kordia's partner in a planned trans-Tasman telecommunications cable build, says the company may have to consider partners for its make-or-break project to lay an under-sea fibre between Australia, the US and Asia, if bridging finance fails to materialise.
Suncorp will turn to open source software next year to drive down technology costs and improve efficiency in what is a proving to be a difficult financial climate for the insurance industry.
Analytics software, which helps businesses track and then manage customers' behaviour, will form part of an extensive technology improvement program this year at New Zealand-based casino and entertainment business Sky City as it seeks to revive the business after a tough financial year.