CFOtech UK - Technology news for CFOs & financial decision-makers

About Jake

Jake Macandrew mugshot photo
Jake Macandrew
Interview Editor
Jake MacAndrew started off writing breaking news hits in his early days as a journalist. Since those late nights on the pulse for local breakthroughs, he has written stories on many topics, from cybersecurity education in Ukraine to the investment capabilities of fine wines. With each story Jake writes, no matter the topic, in-depth and accurate reporting is key. Previously living in Edinburgh, he's back in his hometown of Toronto.

Stories by Jake - Page 1

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SOVRA shifts to GovTech focus with Ontopical acquisition

Today
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ai
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public sector
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govtech
SOVRA acquires Canadian firm Ontopical, and divests non-core units to strengthen its GovTech leadership in Canada.
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BDC launches CAD $200M fund for industrial tech growth

Today
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robots
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it in manufacturing
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supply chain
BDC launches CAD $200 million Industrial Innovation Venture Fund II to back Canadian early-stage firms in manufacturing, ag-tech, and critical minerals.
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Canada partners with Cohere to boost AI in public services

Yesterday
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digital transformation
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llms
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ai
The Canadian Government partners with Artificial Intelligence firm Cohere to enhance public services using home-grown AI.
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Vendasta launches AI receptionist assistant for SMBs

Yesterday
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cx
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martech
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agentic ai
Conversations AI, a 24/7 AI receptionist, helps SMBs manage calls and chats, boosting lead capture and cutting response times to under 30 seconds.
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Few Canadians using AI at work daily, says TD Bank report

3 days ago
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digital transformation
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hcm
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ai
Fewer than 10% of Canadian workers use AI daily at work, with a TD Bank survey highlighting a major gap in training and adoption across generations.
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Jerrell Jimerson appointed Head of Product & Experience at Bell Media

3 days ago
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data analytics
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digital transformation
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hulu
Jerrell Jimerson joins Bell Media as Head of Product, steering digital strategy across brands like Crave, TSN, CTV News, and iHeartRadio to boost growth.
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Calabrio’s CareAI expands to save healthcare USD $1.1 million

Last week
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devops
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apm
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genai
Calabrio expands CareAI, using generative AI to enhance healthcare efficiency and save providers up to USD $1.1M annually by automating patient interactions.
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Canada invests CAD $13 million in smart grids & clean energy

Last week
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clean technologies
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smart grids
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renewable energy
Canada commits CAD $13 million to modernise Ontario's electricity grid, backing smart grids and clean energy projects to lower costs and boost sustainability.
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Cohere raises USD $500 million to drive secure enterprise AI

Last week
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ai security
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genai
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data privacy
Cohere secures USD $500 million, reaching a USD $6.8 billion valuation to expand secure AI solutions for enterprises and governments globally.
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Landbase acquires Adauris to boost inbound GTM platform

Last week
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martech
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cdp
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marketing
The move is intended to enhance its go-to-market platform with signal-driven inbound marketing and new LinkedIn content features.
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Canada's new space race is about one main thing: Satellites

Last week
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uc
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spacetech
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5g & beyond
Canada is accelerating its space ambitions, aiming to lead the next era of space exploration with innovative technology and bold missions.
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BC commits CAD $35M to low-carbon industry, data centre innovation

Last week
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clean technologies
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sustainability
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automation
British Columbia commits CAD $35 million to its CleanBC Industry Fund, supporting low-carbon industrial projects and job creation across the province.
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Uno Platform secures CAD $3.5M to boost developer tools

Last week
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digital transformation
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cartech
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erp
Montreal's Uno Platform raises CAD $3.5M from Canadian investors to enhance developer tools and boost cross-platform .NET app productivity.
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BinSentry raises CAD $50M to expand AI feed tech globally

Last week
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supply chain
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ai
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investment
BinSentry has raised CAD $50 million to expand its AI-driven feed supply chain technology, boosting global growth in livestock feed management.
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Rumble eyes Tether-backed stock takeover of Northern Data

Last week
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hyperscale
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dc
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stock exchange
Rumble aims to acquire Northern Data in an all-stock deal backed by Tether, with Northern Data shareholders set to own a third of the combined company.
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Bell offers free Perplexity Pro AI to customers in Canada

Last week
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network infrastructure
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cx
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martech
Bell partners with Perplexity to offer eligible Canadian customers free 12-month access to Perplexity Pro AI, valued at nearly CAD $300.
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Exclusive: Machine learning won't kill consulting. It will accelerate it

Last week
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edutech
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partner programmes
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r&d
Despite deep research and technological advances, consulting remains a resilient industry, continuously adapting and thriving in changing markets.
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Ripple acquires Rail payments platform for USD $200 million

This month
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crypto
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fintech
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blockchain
Ripple is set to acquire stablecoin payment platform Rail for USD $200M, boosting its digital asset network and simplifying cross-border payments for firms.
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Cohere's "North" expands secure AI agents for enterprises

This month
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hybrid cloud
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digital transformation
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iam
North expands its secure AI platform, enabling enterprises to deploy customisable AI agents for enhanced productivity and data privacy.
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Exclusive: Ericsson EWS' Jason Falovo on Canada's 5G evolution

This month
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uc
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5g & beyond
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connectivity
Jason Falovo of EWS discusses the rapid expansion and opportunities in Canada’s booming 5G market, highlighting key industry insights and growth potential.