- In June 2022, the central government of Papua New Guinea launched a web-based fixed asset management system to improve financial management and reporting across the PNG Province. This system is designed to prevent asset theft, misuse, and abuse by providing enhanced transparency and accountability through detailed asset tracking, positively impacting governance and audit processes
- In March 2021, Sage, a prominent cloud-based business solutions provider, acquired Task Sheriff, an AI-powered software-as-a-service company. This acquisition aims to strengthen Sage’s artificial intelligence capabilities, with the Task Sheriff team joining Sage AI Labs—an international network of engineers and data scientists. This move is expected to accelerate innovation and drive advanced AI integration within the fixed asset management market
