Best of 2012, #4: Australia's Coral is Well Suited for Climate Change
Here at Business Review Australia, we like to aggregate a wide selection of news stories and feature contributions that may range from national and global headlines and market trend analysis, to business tips and those “Only in Australia” types of stories (spider inhabitation, Apple Maps fiascos and marijuana use, oh my!)
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Life’s not so bad for Australia’s coral reefs.
As the oceans heat up and the world’s temperature continues to rise (even despite our best efforts to green the planet), more than 1,000 kilometres of coral reef along Australia’s coastline are actually benefiting from the warmth – a finding that goes against what scientists predicted would happen, the Herald Sun reported.
In the latest Australian Institute of Marine Science study, 27 coral core samples from six locations were selected by researchers, who then determined the age of each sample. The results were quite surprising: the coral collected from the southern ocean region, for example, was found to have grown the most significantly, despite the fact that the water is coldest there.
Researchers pointed out, however, that the southern ocean region has experienced the greatest temperature increase.
"Those reefs have actually been able to take advantage of the warmer conditions," said Janice Lough, a senior AIMS research scientist who co-authored the study, to the Herald Sun.
The results mirror those compiled through a study conducted by researchers at James Cook University, who studied the various corals that make up the Great Barrier Reef in order to figure out which species were more adaptable to the changing ocean temperature and acid levels.
Some corals were found to possess certain ‘zooanthellae’ cells such as “warm genes” that allow them to adapt to the rising temperature, while others were able to survive in the low-pH level “submarine springs.”
Researchers determined that while coral wasn’t going to go extinct due to climate change, the better-suited corals – typically the mound-shaped types over the branch-shaped variety – would likely end up dominating the reef’s landscape.
“Overall, it’s good news for coral, but we need to keep it in context,” said Emily Howells, a James Cook researcher on the project. “The overarching question is whether they can adapt at the same rate that the ocean temperature is rising.”
Digital Leader Mobiquity Expands Into Asia-Pacific
As an international digital consulting firm, Mobiquity helps a global client base upgrade its digital banking and financial services. The company employs 1,200 team members across 50+ nationalities and serves an estimated 200+ million users each day. Recently, the company built out a digital banking experience for the Bank of the Philippines Islands’ online and mobile platforms—exemplifying its mission to help leading brands engage with technology in meaningful ways.
To highlight Mobiquity’s services, here are a few of the company’s recent accomplishments:
- Designed and developed the first FDA-approved digital medicine system
- Launched a five-star mobile ordering app
- Pioneered a cloud-based IT infrastructure that prevented bank fraud
- Built the official AWS re:Invent 2017 and 2018 mobile apps
What Makes Mobiquity Stand Out?
According to Mobiquity, it's the people that make all the difference. ‘We’re born innovators who like meaty challenges’, the company wrote. ‘We go deeper, getting to the root of your customers’ friction and creating personalised engagements that deliver much more than a digital experience alone’. Now, the company has added former Microsoft and IBM director Gustavo Quiroga to its team.
Who Is Gustavo Quiroga?
At Mobiquity, he’ll be the first Vice President of Business Development Financial Services in APAC. With years of experience in the industry, Quiroga has developed numerous tech, business, and customer experience projects: at Microsoft, he led a top Aussie Azure Data and AI specialist team, and at IBM, he applied AI and deep analytics to transform the company’s business processes, CX, and UX.
Based in Sydney, Australia, Quiroga will start to work with Mobiquity clients in Singapore, Vietnam, and the Philippines and take responsibility for expanding the company’s regional operations. ‘Our best way to impact client outcomes’, he wrote, ‘is by listening to them with an inquisitive and open mind and empowering our people to do the same’.
When notified of the announcement, Quiroga expressed excitement over his new role. ‘I’m delighted to join Mobiquity and support the company’s rapid expansion across the Asia-Pacific region. I joined Mobiquity to develop, design and implement digital products and services that create meaningful experiences with customers...and I look forward to using my expertise to develop partnerships where we can achieve this every day’.
Where Does Mobiquity Go From Here?
In the past six months, Mobiquity has hired over 100 new employees, including the high-profile additions of Howard Moore, Senior Director of Banking, and Ruby Walia, Senior Advisor for Digital Banking. This falls in line with the company’s hyper-growth strategy to deliver digital products to the world.
As Matthew Williamson, Mobiquity’s Vice President of Global Financial Services, explained: ‘Our appointment of Gustavo demonstrates [our] commitment to hiring an A-list team of talent. The latest addition to the Mobiquity team supports our vision of global growth in Asia-Pacific, as a recognised partner within the banking and finance ecosystem’.