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Construction needs cloud flexibility

Australia’s embattled construction sector could benefit from cloud based information systems that can be switched on and off in lockstep with individual projects – with the exception of those organisations based in remote areas like the Kimberleys.

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Cape Range Wireless short on cash

IT Industry - Development

Wireless hardware developer, Cape Range Wireless (ASX:CAG), finished the September quarter with just $76,000 in the bank, after going backwards by more than $1.5 million. CAG issued a statement to the ASX, saying that it was in negotiations for further equity and debt funding to raise cash for to meet its ongoing working capital requirements, details of which would be provided to shareholders soon. The market appeared to be satisfied because CAG shares rose more than 10% to close on 3.9c in moderately high volume trading.