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

Big Data stories

Exploding information quantities to the emergence of the term ‘Big Data’ for datasets which can’t be handled by common database and data processing tools. It literally means what it says, but beyond Volume, there are additional characteristics commonly associated with Big Data. These include Velocity – the rate at which the data is generated (and therefore changes) is rapid; and Variety/Variability – multiple data types renders standard tools incapable of handling it. Generally Big Data refers to datasets measured in terabytes, petabytes, or greater. The term can refer to the datasets themselves, as well as techniques for analysis and visualisation.
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CERN joins OpenSearch foundation as associate member

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CERN brings decade-long OpenSearch experience to foundation as it tests Kubernetes management and AI uses across 130 clusters.
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Kumo launches KumoRFM-2 for enterprise relational data

3 days ago
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Kumo says its new foundation model for relational enterprise data outperforms supervised rivals, scales to 500 billion rows and answers queries in natural language.
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Backblaze names Anuj Kumar as chief revenue officer

4 days ago
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Backblaze appoints Anuj Kumar as Chief Revenue Officer to accelerate AI-focused growth, as B2 Cloud Storage expands with neocloud demand.
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Sidetrade launches AI-native plan with three new products

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Sidetrade sets out a four-year push into AI-driven order-to-cash, with three new products due in 2026 and a shift towards usage-linked revenue.
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Affirmo: Could AI make a reality of IoT dreams?

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Affirmo's Lip Sing Tay says AI can unlock smarter real-time location tracking, as the Singapore firm targets tougher IoT use cases.
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Outpayce & Riskified launch airline fraud protection

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Outpayce and Riskified to roll out airline fraud and chargeback protection worldwide, with first Asia-Pacific airline launch due in 2026.
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Neara adopts ClickHouse ClickStack for observability

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Neara turns to ClickHouse's ClickStack as engineers cut incident response times by more than half and track seven terabytes of data monthly.
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Geotab report shows fleets cut fuel waste with data

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Geotab report shows fleets cut fuel waste by 30% as telematics help businesses slash idling, emissions and costs across global operations.
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CalAmp launches Google Pub/Sub integration for fleet data

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CalAmp broadens Telematics Cloud support with a Google Pub/Sub link, giving fleet operators faster streaming data into Google Cloud for analytics and AI.
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British Business Bank backs Dexory's global expansion

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British Business Bank joins Eurazeo-led Series C for Dexory as warehouse robotics scale-up expands overseas and targets new markets.
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Milestone revenue rises to DKK 2.2bn on AI expansion

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Milestone lifts 2025 revenue 10% to DKK 2.2bn as AI-led acquisitions, Nvidia tie-up and higher R&D spend drive intelligent video push.
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Milestone turns video data into AI-driven intelligence

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Milestone Systems' Project Hafnia uses AI video language models to turn CCTV streams into real-time, multi‑modal security insight.
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MariaDB completes GridGain deal to boost AI platform

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MariaDB adds GridGain in-memory technology as it builds an AI-ready platform for agentic systems needing faster real-time data processing.
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Cloudflare uses ClickHouse for quadrillion-event analytics

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Cloudflare taps ClickHouse to run sub-two-second analytics on quadrillion-event data sets, keeping queries alive even amid major outages.
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World Backup Day warns firms on untested recoveries

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World Backup Day prompts warnings that untested restores and AI-era data demands are leaving mid-sized firms dangerously exposed.
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OpenSearch adds three members amid AI search growth

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OpenSearch adds three new members to boost global open-source search and AI infrastructure as hybrid and vector search adoption accelerates.
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World Backup Day shifts focus from speed to recovery

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World Backup Day now spotlights recoverability and data integrity as AI, cloud volatility and flash costs reshape corporate storage priorities.
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Pattern appoints David Jennison to lead European growth

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Pattern appoints ex-Amazon eCommerce Specialist David Jennison as Europe MD to spearhead marketplace-driven growth and AI-powered expansion.
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BrightEdge unveils AI tools to track search visibility

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BrightEdge launches AI tools to show brands how they appear in generative search answers and how AI agents crawl and interpret their sites.
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Databricks unveils Genie Code and buys Quotient AI

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Databricks launches Genie Code autonomous data agent and snaps up Quotient AI to boost real-world evaluation of AI agents in production.