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

Latest news - Page 256

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Genesys reports $1.5 billion in revenue with 40% growth

Thu, 13th Jun 2024
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uc
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hyperscale
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public cloud
Genesys reports a stellar Q1 FY2025 with annual recurring revenue surpassing USD$1.5 billion, driven by demand for its AI-powered Genesys Cloud platform.
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Traceable AI uncovers growing API security issues in finance

Thu, 13th Jun 2024
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risk & compliance
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cybersecurity
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fraud
A report from reveals critical API security flaws plaguing the US financial sector, with 82% of institutions concerned about regulatory compliance.
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AI implementation in IT: professionals voice concerns

Thu, 13th Jun 2024
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multi-cloud
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aiops
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data privacy
A SolarWinds report shows only 43% of IT professionals believe their databases are AI-ready, with data quality and security concerns as major hurdles.
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State of Engineering Management Report reveals key trends

Thu, 13th Jun 2024
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partner programmes
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ai
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productivity
Jellyfish's 2024 State of Engineering Management Report reveals engineers now seen as strategic partners, with 90% influencing business strategy.
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Workflow automation a top priority for 60 percent of executives

Thu, 13th Jun 2024
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digital transformation
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cx
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martech
A new OTRS study reveals 60% of executives now prioritise workflow automation to scale businesses, with a significant rise in global adoption.
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Xero unveils AI companion JAX to enhance accounting accuracy

Thu, 13th Jun 2024
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fintech
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financial systems
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genai
Xero has revealed its AI-powered business companion, Just Ask Xero (JAX), to boost accuracy in accounting tasks, launching a beta in August.
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72% of business leaders suffer from analysis paralysis - Could AI be the answer?

Thu, 13th Jun 2024
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uc
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data analytics
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ai
A startling 72% of business leaders face analysis paralysis due to data overload. Could AI innovations like predictive analytics and chatbots offer a solution?.
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Stellar launches platform to cut luxury travel booking losses

Thu, 13th Jun 2024
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cloud services
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booking system
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travel technologies
Stellar's new platform offers a secondhand market for luxury travel bookings, potentially saving consumers $100 billion annually.
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Revealed: Splunk's latest game-changer in data tech

Thu, 13th Jun 2024
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data analytics
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siem
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socs
Splunk has announced the use of advanced data management tools to boost unified enterprise visibility and aid IT operations.
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commercetools launches solution for booming healthcare ecommerce

Thu, 13th Jun 2024
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api
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healthtech
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microservices
commercetools has launched commercetools for Healthcare, a HIPAA-compliant composable commerce solution, targeting the $800bn healthcare ecommerce market.
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Ashurst reveals time-saving benefits of generative AI trials

Thu, 13th Jun 2024
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digital transformation
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genai
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ai
Ashurst's Vox PopulAI report reveals time-saving benefits from generative AI trials, with tasks seeing up to 80% reduction.
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Eurowings pioneers AI-powered assistant to enhance operations

Thu, 13th Jun 2024
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ai
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ml
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smart assistant
Eurowings has become the first airline to use an AI-powered operations control assistant, NetLine/Ops ++ aiOCC, to improve efficiency and stability.
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What happens next after a UK TikTok ban?

Wed, 12th Jun 2024
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youtube
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social media
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opinion
Facing a potential TikTok ban, UK businesses and content creators brace for change. Meta may fill the void, but new tech offers fresh opportunities.
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Candid insights from NVIDIA's CEO Jensen Huang

Wed, 12th Jun 2024
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hyperscale
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dc
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power / energy
NVIDIA CEO Jensen Huang unveils plans on AI advancements, HBM partnerships, and strategic collaborations at a press conference, underscoring the company's role in tech innovation.
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Switchboard raises USD $1.5 million to revolutionise supply chains

Wed, 12th Jun 2024
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supply chain
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erp
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uber
Sydney-based Switchboard secures USD $1.5 million to overhaul supply chains, aiming to end manual processes and bring efficiencies across the industry.
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$400b loss for 2,000 firms after 'unavoidable' cyber attacks

Wed, 12th Jun 2024
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ransomware
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genai
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ai
Thousands of global firms face a staggering annual loss of USD $400 billion due to unplanned downtime, revealed in a Splunk report.
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Exclusive: DigiCert's CEO emphasises quantum readiness

Wed, 12th Jun 2024
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fintech
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quantum computing
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genai
DigiCert CEO Amit Sinha emphasised digital trust's pivotal role in cybersecurity, stressing the need for quantum readiness and AI advancements.
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Nearly half of UK lawyers favour self-regulation of legal AI

Wed, 12th Jun 2024
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genai
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data privacy
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ai
Nearly half of UK lawyers favour self-regulation for AI in the legal industry, with 48% of firm lawyers and 50% of in-house lawyers advocating against government intervention, per Thomson Reuters.
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Technology leaders prioritise AI despite challenges ahead - IDC

Tue, 11th Jun 2024
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uc
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digital transformation
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ai
Despite challenges, global tech leaders are prioritising AI to drive growth, with 81% expecting moderate to high growth and 42% prioritising AI investments.
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UK consumers uncertain about AI's impact on customer service

Tue, 11th Jun 2024
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uc
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genai
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ai
Only 32% of UK consumers see AI's potential to enhance customer service, while most are wary of its risks, a CCMA and Odigo study reveals.