Latest news - Page 53

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by Xledger reveals only 3% of UK hospitality businesses have fully digitised their finance systems, citing fears and outdated tech as key barriers.

86% of UK managers believe AI can boost their effectiveness, but concerns about data privacy persist, with 33% expressing reservations.

UK businesses have ramped up their AI spending by 449% in Q1 2024, with 63% of investments directed at OpenAI's ChatGPT.

Altia has launched Altia HQ, a revolutionary cloud native platform designed to streamline crime-solving by integrating all investigation tools into one hub, saving time and enhancing efficiency.

As cloud expenses soar, a new esynergy report underscores the rising role of FinOps, with 74% of organisations striving to optimise costs.

A survey by Hornetsecurity shows 26% of organisations lack IT security training, urging better preparedness against rising AI-driven cyber threats.

IriusRisk sees ARR soar by 51% in 2023, driven by AI-driven threat modelling solutions, strategic hires, and a strong focus on customer success.

Centennial Bank partners with Newgen Software to digitise onboarding, enhancing customer experience with a streamlined, low-code automation solution.

Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.

OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.

Payments solutions provider Equals Money unveils its Banking-as-a-Service offering at Money2020 Amsterdam, empowering businesses to launch digital payment services swiftly using its robust infrastructure.

Workhuman introduces advanced features to its Admin Hub to enhance programme management, offering improved reporting, data accessibility, and customisation for HR leaders.

In 2025, 70% of organisations prioritise SaaS security, forming dedicated teams despite economic pressures, reveals CSA and Adaptive Shield survey.

Quantexa reports a 40% surge in Decision Intelligence ARR, projecting GBP £80 million by 2024, driven by expanding markets and strategic partnerships.

Westcon-Comstor expands its Juniper Networks partnership to the UK, Ireland, and France, aiming to drive AI-Native Networking adoption and partner growth in these key markets.

Snowflake unveils groundbreaking updates to its Cortex AI platform at Snowflake Summit 2024, aiming to make enterprise AI more accessible, efficient, and secure.

Adobe has launched the AEP AI Assistant, offering generative AI capabilities to enhance productivity in enterprise software applications, with broad integration across Adobe Experience Cloud.

Mindgard, an AI-focused cyber security startup, wins UK's Most Innovative Cyber SME 2024 at Infosecurity Europe for its groundbreaking AI Security Labs platform.

Organisational inertia, the resistance to change, can stifle business innovation and growth. Identifying and overcoming it is crucial for sustained success. Here’s how to recognise the signs.

A new report by IFX Payments reveals that 78% of UK SMEs are set to expand globally despite facing challenges from ring-fencing regulations and Brexit.