Latest news - Page 29

Sydney-based Switchboard secures USD $1.5 million to overhaul supply chains, aiming to end manual processes and bring efficiencies across the industry.

Thousands of global firms face a staggering annual loss of USD $400 billion due to unplanned downtime, revealed in a Splunk report.

DigiCert CEO Amit Sinha emphasised digital trust’s pivotal role in cybersecurity, stressing the need for quantum readiness and AI advancements.

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.

Despite challenges, global tech leaders are prioritising AI to drive growth, with 81% expecting moderate to high growth and 42% prioritising AI investments.

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.

HSBC and BNY Mellon join Quantexa's Lighthouse Programme to deploy Q Assist, a context-aware generative AI suite, debuting at London Tech Week to optimise financial services.

In a strategic expansion, arch.law acquires Conexus Law, a data centre sector specialist, including its 14-strong London team, strengthening its global footprint.

Slack has unveiled lists, a new project and task management tool for its paid customers, aimed at centralising and streamlining team workflows.

NVIDIA and top computer manufacturers unveil Blackwell-powered AI systems, sparking the next industrial revolution.

A new Check Point Software report reveals over 97% of security teams are using AI tools, enhancing response rates and reducing data loss amid a critical skills gap.

The UK has secured its position as Europe's top destination for digital FDI with 255 projects in 2023, according to EY's latest survey, outpacing the continent amidst a broader decline.

Transact Payments rebrands as TransactPay after a year-long transformation, aiming to strengthen its position as a premier BIN sponsor in the UK and Europe.

Lucinity unveils an advanced AI copilot plug-in at Money2020 Europe, promising instant ROI and up to 90% productivity boosts for financial institutions.

Salesforce posted an 11% rise in Q1 FY25 revenue to USD $9.13 billion but missed analysts’ forecasts. Strong cash flow and margins highlight financial gains.

SAP is set to acquire WalkMe for USD $1.5 billion in an all-cash deal, enhancing its business transformation toolkit and boosting AI capabilities.

One Nexus and Kia UK celebrate a decade of success with their Kia Rental programme, marking a milestone in innovative, customer-friendly mobility solutions.

Westcon-Comstor promotes Callum McGregor to COO and CFO roles, reflecting a strategic move to drive growth and innovation in IT, supply chain, and ESG globally.

Cloud Security Alliance launches the Cloud Controls Matrix Implementation Guidelines v2.0, enhancing the cloud security framework.

A report by Xledger reveals only 3% of UK hospitality businesses have fully digitised their finance systems, citing fears and outdated tech as key barriers.