Business Chief APAC+ANZ Magazine August 2020 | Page 141

1989

Year founded

$ 650mn Revenue in AU dollars

500 +

Number of employees

rative tools , due to the need of rapid adoption of this technology , acceleration and development in other technological areas has been delayed for the time being . “ I have seen some continued investment in technology during COVID-19 , but when your revenue is hurting across the board there is naturally a pullback on the level of investment in non-critical projects . However , I believe this is just a pause not a stop . I think people will be naturally cautious as we return to the new normal , in terms of technology investment levels and timelines . I believe it will be a couple of years before we return to pre-Covid investment , especially for the more cutting-edge technology . However , there will be some businesses eager to get the jump on their competitors who will see investing in technology as a clear advantage and enabler of new ways of doing business .”
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