Moxie Insights

Innovating with AI: Enhancing Business Infrastructure and Security in Sydney 🧠 🎯 An authoritative Executive Roundtable with Cisco Meraki, Extranet Systems and Moxie Insights – hosting a full-house of leading IT and cyber security executives debating the risks and rewards of AI. As modernisation and innovation strategies kick into overdrive across Australia, AI is emerging as a critical business tool in delivering transformative change. Forward-thinking organisations are leveraging AI to significantly enhance corporate environments – optimising network performance, enhancing security measures and innovating IT infrastructure 📊 Today, strong appetite exists to automate processes, respond to emerging threats and manage large datasets at speed and scale. But despite executive intentions, roadblocks persist as businesses tackle legacy systems and ageing portfolios. An engaging and insightful discussion led by Amro Elmasry and Greg Scarlett, outlining the role of AI in enhancing IT infrastructure and strengthening cyber security as businesses embark on transformation agendas 🛠️ Compelling observations from a standout group of leaders in this field: Sarah Vella, Amith Raj, Katie Hughes, Jim Basey, Neil Rodgers, Alex Jones, Philip Boadi, Alina Limbu, Andrew Lai, Patrick Ocampo, Amiel B., Markus Goebel, Steven Saidi and Hansen Liu 💯 With thanks to Anthony Farrugia, Brent Le Cornu and Rajib Kumar Das, plus Team Westcon-Comstor Australia – Anita Lau, Seamus Pearson, Trevor Gordon, Ronny Ames, Laura-Rose Carbone, John Poulter and co 👍 Photos here… 📸 ➡️ https://lnkd.in/gyfFgd2A Moderated by James Henderson in Sydney 📝 #InspiredKnowledge

Ecosystem excellence is mission-critical when maximising GenAI in the enterprise 🧠 💯 According to #MoxieResearch, more than half of Australian businesses (56%) are searching for skilled and strategic partners in GenAI 🤝🏾 The enterprise is relying on a network of partners to augment projects already underway with 64% of organisations currently building in-house capabilities in parallel. In this two-pronged internal and external approach to GenAI, partner value is now viewed through the lens of: 🛠️ Deep skills by industry sector / tech solutions 🚀 Future focused / offers new ideas and approaches 💨 Quick proof of concepts / speed to market 📝 Collaborative approach / flexible contracts 🏆 Strong reputation / credible customer proof points #InspiredKnowledge

Securing Innovation: Building Business Use Cases in Brisbane💡 🔐 🇦🇺 An influential Executive Roundtable with Cisco Meraki, Insite Communications and Moxie Insights in Brisbane, housing leading IT executives debating the business implications of company-wide transformation. For many years, new technologies have generated attention, promise and expectation – significant buzz that seldom yielded tangible benefits 📈 The potential to transform industries has long been evident but for organisations to capitalise, a strategic link to company objectives must first be established. Whether IoT, smart tech, AI or ML, local use cases are emerging at pace, aided by the emergence of digital transformation agendas. But challenges remain at business and technical levels. The pursuit of return on investment and ease of implementation counterbalanced by data security and network connectivity factors 🚧 A compelling discussion led by Pete Schmidt and James McKee, deep-diving into the practical application of new technologies to uncover best practice use cases and strategic recommendations. Expert insights from leading IT and security executive guests: Manas Mallick, Justin King, Jody Keys, Joseph Moss, ⚡️Mohit Sharma, Shilpesh Pandya, Vincent Evan Deramas, Karl H. and Andrew Fry 💯 With thanks to the wider team of Peter Seach, Phil Gibbs, Coby McKean and Sam Lloyd-Green, as well as Team Westcon-Comstor Australia – Sam Merton, Anita Lau, Seamus Pearson, Laura-Rose Carbone, John Poulter and co. 🙏 Photos here… 📸 ➡️ https://lnkd.in/gM4WQqbX Moderated by James Henderson in Brisbane 📝 #InspiredKnowledge

From 26 August, employees will have the legal right to refuse to monitor, read or respond to employer contact outside of working hours ⏰🇦🇺 Unless the refusal is unreasonable, this new framework under the Fair Work Commission is set to redefine the working environments of Australia. The jury is still out on the effectiveness of the new legislation however ⚖️ On the pro side ✅ the Senate Select Committee on Work and Care drew attention to “availability creep” with employees now expected to complete work outside of work hours. Smartphones have made it easier for managers to contact workers any time📱plus, the shift to remote working during COVID-19 caused the boundaries between work and personal life to disintegrate further. On the con side ❌ Australian Chamber of Commerce & Industry (ACCI) chief executive Andrew McKellar said a right to disconnect would be “the final step in Australia becoming a banana republic”. As the clock ticks down, what’s your position? #InspiredKnowledge

Whether market rain or market shine, always diversify 🌧️☀️📈 Depending who you ask, diversification can be viewed as a strength or a weakness – a razor thin line between strategic genius and desperate gambler. Case studies can be found to strengthen arguments on both sides. In this case, tick the box of approval for Amazon, GE and The Walt Disney Company ✅ but never forget Harley-Davidson Motor Company's failed attempt to enter the perfume market ❌ According to Costas Markides – Professor at London Business School – “diversification doesn’t need to be quite such a roll of the dice" 🎲 Yet diversification can be an unpredictable and high-stakes game which usually goes in and out of vogue as a corporate strategy, depending on market conditions🎢 On the one hand, companies face the decision in an atmosphere not conducive to considered deliberation – markets move, share is lost and hands are forced. Alternatively, forward-thinking businesses strike while the iron is hot and build on past successes to future-proof growth ambitions. In the case of Dicker Data, both are true 🎯 For Vladimir Mitnovetski, there’s no secret sauce or magic trick to be found – there never is in successful companies – rather a compelling case for building a local business on the pillars of: 💯 Diversification 💯 Decentralisation 💯 Differentiation A business case study outlined by James Henderson ➡️ https://lnkd.in/gXw2i6qR #InspiredKnowledge

Australian consulting firms are spending big on AI but is it harming creativity and originality? Deloitte, KPMG, PwC, EY, McKinsey & Company, Boston Consulting Group (BCG) and co are investing heavily on GenAI tools... to boost staff productivity ⏰ prep sales proposals 💰 and even replace research analysts 📊 At least in the near term, firms are likely to use AI to “augment” human consultants, rather than replace them. But research by Tapani Rinta-Kahila of The University of Queensland has shown that "excessive reliance" on automation technologies such as GenAI can lead to the "erosion of professional expertise" ⬇️ In the long run, could GenAI effect the knowledge and reputation of consultancy firms? #InspiredKnowledge

"After last year’s hype, executives are impatient to see returns on GenAI investments..." 💵 Sound observations by Rita Sallam of Gartner, who stressed that organisations are "struggling" to prove and realise value. The domino effect is that at least 30% of GenAI projects will be abandoned after proof of concept by the end of 2025 🚧 According to Rita, this will be because of: 🔢 Poor data quality ⚠️ Inadequate risk controls 💸 Escalating costs ❓Unclear business value While many companies are leveraging GenAI to transform business models and create new market opportunities, deployment come with significant costs, ranging from $5M to $20M. So, will GenAI lose its shine among businesses? ⬇️ #InspiredKnowledge

It’s not always fashionable to have standards today... but Michael van Zoggel is happy to buck that trend 🎯 That constant voice often considered a nitpicker, a devil lurking deep in the detail finding fault in matters seemingly unimportant. Stop-start systems that forever probe and demand more can be tiring for some, downright demoralising for others. Likewise, companies frying bigger fish may appear less sympathetic to such an approach. Focus on the rocks 🪨 forget the pebbles and sand ⏳ But the true arbitrators of quality don’t view it that way – standards should never slide 📉 rather people and businesses should rise 📈 and the small stuff matters 💯 As MD of Outcomex, Michael is unapologetic... "those small things, those course corrections for the minutiae, build the detail, which builds the professionalism, which builds the brand, which builds the outcome." Remember, little things become thorns and they get bigger and bigger and bigger 🥀 Words by James Henderson ➡️ https://lnkd.in/ghydMTgb #InspiredKnowledge

Australia is under cyber attack… thousands of breaches, millions in costs ⚠️💰🇦🇺 Traditionally, this type of headline would move the security conversation into clichéd territory – a home for fear-mongers and alarmists hell-bent on heightening danger levels to achieve commercial gain ❌ But Australia is truly under attack... and the numbers back that up in terms of severity and scale. On severity (shared by Nicholas Flood citing new IBM data)... 💵 Average cost of a data breach in Australia is $4.26M – ⬆️ 27% since 2020 📅 Australian companies require an average of 266 days to identify and contain cyber incidents On scale... 🛡️Australian Signals Directorate responded to more than 1,100 cyber security incidents within 12 months ⏰ Nearly 94,000 reports made to law enforcement through ReportCyber – around 1 every 6 mins According to Chris Hockings of IBM, "breached organisations across Australia are seeing significant cost and time savings via their use of security AI and automation across their security operations" 🧠 Detailed analysis on the financial impact of cyber security in Australia ⬇️ #InspiredKnowledge

Can the Philippines convert insatiable consumer appetite for new tech into sustainable enterprise execution? 🇵🇭 This represents the next step in the digital evolution of a nation known as heavy online social users📱 In-between B2C and B2B environments is a middle ground of web-based businesses thriving in one of the fastest developing economies in Southeast Asia. According to the Philippine Statistics Authority, the value of the Philippine digital sector increased by 7.7% in 2023, reaching P2.05 trillion compared to P1.9 trillion in 2022 📈 With momentum continuing to track in an upward direction, the introduction of AI 🧠 and ML 🤖 looks set to accelerate demand for digital innovation further. For Eeman Bulotano III - Founder and Chief Digital Officer at Hooman Design - market momentum is already underway ➡️ https://lnkd.in/g6Vm-U9T #InspiredKnowledge