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Asian Markets Mostly Lower Amid Cautious Trade

CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Friday, following the negative cues overnight from Wall Street, due to sliding commodity prices on the back of a stronger US

Australian businesses point to poor internet speeds and lack of skills for limiting IT use

The research is from the Australian Bureau of Statistics Business Characteristics Survey that examined businesses in the country during the 2019-2020 financial year. This was the first time questions had been put forward to businesses regarding the use of specific Information and Communication Technologies (ICTs) they used. Sixty-nine percent of all businesses recorded using one or more ICT while businesses with 200 or more employees (95%) were the most likely to report using one or more ICT. Also, cloud technology (67%) and cyber security software (26%) were the most common ICTs used by businesses in the country. The survey also found that business use of paid cloud computing continued to grow, with 55% of all businesses using paid cloud computing, compared to 42% in 2017-2018. The use of this technology also increased with each consecutive employment size category; four in five (81%) businesses with 200 or more persons employed reported using this tech.

Aussie businesses clamour for cloud

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