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Privacy laws pushing businesses to modernise IT: Oracle

Privacy laws pushing businesses to modernise IT: Oracle

Technology vendor foresees businesses updating their systems after holding off doing so

Australian businesses are now modernising their systems in response to the updated privacy laws, according to Oracle.

Asia-Pacific strategic solutions director, Ken Albert, said this activity comes after a stall in updates at organisations over the last 18 months.

“Australia has always embraced new concepts and technologies, before any of the other Asian countries,” he said.

“Recently, however, there has been a stall in embracing new components.”

As for what has been responsible for the stall, Albert said some of it is due to the Australian economy suffering a 'lack of confidence' in some areas.

“The period to investigate what is possible and feasible has also provided a bit of a stall excuse,” he said.

Time to change

The topic of Cloud has been of interest to many organisations, though Albert has seen that organisations mostly only 'dabble in it' and don't move their whole setup off-premise.

One benefit Albert highlights with the updated privacy laws is the clarity it provides into what organisations can and can not do with data, particularly with the Cloud.

For that reason, he foresees a flurry of activity over the next six months to modernise infrastructure and applications.

“A lot of organisations will look at modernising in order to comply with the laws,” Albert said.

Patrick Budmar covers consumer and enterprise technology breaking news for IDG Communications. Follow Patrick on Twitter at @patrick_budmar.

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