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

Latest news - Page 27

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New SELECT president warns of AI electricity demand impact
Wed, 19th Jun 2024
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power / energy
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ai
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ai agents
The new President of SELECT, Scotland's top construction trade body, warns UK's National Grid could face significant strain from rising AI energy demands.
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Addressing the IT skills gap in the UK
Wed, 19th Jun 2024
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devops
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apm
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ai
The UK’s IT skills gap is stifling business growth and innovation. With 531,200 vacancy shortages, businesses must act swiftly to bridge this critical divide.
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Simon Atterwell appointed COO at Purple Transform
Wed, 19th Jun 2024
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uc
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apm
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ai
Purple Transform appoints Simon Atterwell as COO, aiming to boost operations and growth. With a 30-year tech and telecom career, Atterwell is set to revolutionise the company's offerings.
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Cambridge & SAS collaborate to accelerate healthcare innovation
Wed, 19th Jun 2024
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ai
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cleantech
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sas
The University of Cambridge's Maxwell Centre and SAS have launched the SAS Advanced Analytics Hub to propel healthcare innovation using advanced analytics and AI.
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Survey shows UK remote workers face high productivity anxiety
Wed, 19th Jun 2024
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hybrid & remote work
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feedback
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wfh
A survey by Workhuman reveals that 61% of UK employees are more productive remotely, yet nearly two-thirds suffer from productivity anxiety.
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Integrity360, Fortinet launch managed cybersecurity service
Tue, 18th Jun 2024
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firewalls
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network infrastructure
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sd-wan
Integrity360 launches a managed service using Fortinet's portfolio in Ireland, aiming to simplify cybersecurity for SMEs and enterprises across Europe.
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Cegid appoints Bruno Vaffier as new Chief Operating Officer
Tue, 18th Jun 2024
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cx
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martech
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ai
Cegid names Bruno Vaffier as COO, marking a strategic move to enhance AI-driven innovation and expand operational efficiency across global markets.
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Women in engineering call for diversity to drive innovation
Tue, 18th Jun 2024
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ai
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software development
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mentorship
On International Women in Engineering Day, industry leaders stress the need for diversity and upskilling, advocating for women’s pivotal role in tech innovation.
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AccountsIQ secures Series C investment of EURO €60 million
Tue, 18th Jun 2024
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investment
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dublin
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london
AccountsIQ has secured a Series C investment of EURO €60 million from Axiom Equity to develop AI-powered products, expand its team, and enhance AI capabilities for its users.
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Employees report increased positivity towards AI in the workplace
Mon, 17th Jun 2024
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ai
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avanade
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transparency
A new Avanade report reveals Microsoft Copilot for M365 boosts workplace communication and creativity but raises concerns over transparency and original thinking.
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Global banking fraud to hit USD $48bn by 2029, says study
Mon, 17th Jun 2024
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fintech
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martech
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commerce systems
Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.
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Fighting back against the growing threat of ransomware
Mon, 17th Jun 2024
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ransomware
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malware
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cybersecurity
A recent ransomware attack on Southern Water by Black Basta highlights the mounting threat to U.K. critical infrastructure, prompting urgent calls for robust cybersecurity measures.
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UK urgently needs tech skills upgrade to compete globally
Mon, 17th Jun 2024
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ai
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uk government
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online tools
The UK plummeted to 45th globally for technology and business skills, trailing behind Germany, France, and Spain, despite a GBP £3.5 billion governmental push.
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LexisNexis launches Lexis+ AI in UK market following growing interest
Mon, 17th Jun 2024
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partner programmes
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ai
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legal
LexisNexis introduces Lexis+ AI to the UK, merging advanced AI with legal search tech. Partnered with top firms, it's set to improve legal practice.
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Databricks & Shutterstock launch enterprise AI image model
Mon, 17th Jun 2024
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apm
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software development
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integration
Databricks and Shutterstock unveil Shutterstock ImageAI, a powerful text-to-image AI model designed for enterprises, leveraging millions of Shutterstock images for high-fidelity visuals.
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Boomi study reveals need for composability in enterprise software
Mon, 17th Jun 2024
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ai
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customer service
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procurement
Boomi's latest global study, sponsored by IFS and conducted by IDC, underscores the urgent need for composability in enterprise software to combat challenges from outdated systems, per 1,000 surveyed execs.
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Less than half of UK firms use GenAI despite recognised benefits
Mon, 17th Jun 2024
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fintech
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it training
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financial systems
UiPath’s Global Knowledge Worker Survey reveals that only 47% of UK businesses are utilising GenAI tools. Meanwhile, 28% of workers are experiencing burnout, highlighting a need for better AI training and support.
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Digital transformation revolutionises logistics industry
Fri, 14th Jun 2024
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drones
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it training
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data analytics
The logistics sector is undergoing a digital transformation, with companies investing heavily in technologies like AI and IoT to optimise operations and meet growing e-commerce demands.
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Sysdig extends AI security to AWS AI services for safer tech
Fri, 14th Jun 2024
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application security
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cloud security
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cnapp
Sysdig extends its AI Workload Security to key AWS services, enhancing protection for AI workloads. This initiative aims to address the increased risks associated with the growing adoption of AI technologies.
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AI investment surges among European startups despite challenges
Fri, 14th Jun 2024
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data analytics
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hyperscale
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public cloud
Report reveals 68% of European tech startups are leveraging AI, with investments in emerging technologies like ML and 5G shaping the future landscape.