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

Investment stories

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Code Institute calls for increased skills bootcamp funding
Today
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ai
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investment
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risk
Code Institute CEO, Jim Cassidy, calls for increased funding for skills bootcamps to address job market changes amid AI rise.
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Spark, Lynk launch satellite-connected cell tower project
Today
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northland
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climate change
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nz
Spark and Lynk have begun a NZ project for a network of satellite-connected cell towers, aiming to maintain connectivity during crises.
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Superloop unveils 'Infrastructure on Demand' solution for wholesale partners
Yesterday
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network infrastructure
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cx
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superloop
Superloop rolls out an 'Infrastructure on Demand' solution optimised for nbn's WBA5, providing flexibility for RSPs.
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Compuware expands production with new Malaysian facility
Last week
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servers
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malaysia
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investment
Compuware Technology Inc. expands production capabilities with a new high-tech facility in Malaysia, set to create over 4,000 jobs.
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UK businesses keen on AI but unprepared for its integration
Last week
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compliance
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digital transformation
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ai
Despite 78% of UK businesses planning AI investment, 73% admit to being unprepared for its integration, a study shows.
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UK business leaders to bolster sustainability investment by 2026
This month
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sustainable it
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sap
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data
80% of UK business leaders plan to maintain or increase their sustainability investment by 2026, reveals SAP study.
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Hull NHS drastically cuts device search times with 'All-In-One Solution'
This month
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innovation
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transparency
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rfid
The Hull NHS significantly slashed search times for devices with 'All-In-One Solution', merging real-time location tracking and digital record systems.
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UK government to invest £17m in AI & data science scholarships
This month
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ai
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data science
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investment
UK government commits £17m to foster diversity in AI with 2,000 data science scholarships aimed at underrepresented groups.
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IT leaders boosting investment in data centres amid security concerns
This month
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cybersecurity
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iot
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ai
Amid rising security threats, 61% of UK's IT decision-makers plan to increase investment in data centres over the next decade.
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Seed funding secured for Martian AI venture which routes LLM requests
This month
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ai
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universities
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investment
Two University of Pennsylvania graduates secure seed funding to develop Martian, a unique AI venture aiding in LLM model routing.
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Westcon-Comstor & Check Point form alliance to boost MSSP growth
This month
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westcon-comstor
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growth
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investment
Westcon-Comstor teams up with Check Point to stimulate growth for Managed Security Service Providers worldwide.
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SwiftConnect secures $10 million funding for continued expansion
This month
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apple wallet
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market
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investment
SwiftConnect, a leading provider of connected access enablement, has raised $10m in funding to fuel expansion efforts.
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CEOs prioritise new business building for strategic growth, finds McKinsey study
This month
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iot
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investment
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data
A McKinsey study suggests that half of all CEOs are focusing on new business development to generate new revenue streams.
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UK Govt announces £200m digital skills training package
This month
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ai
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productivity
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jobs
The UK Government unveils a £200m digital skills package aimed at enhancing local economies and fostering the rise of 'digital nomads'.
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LogRhythm doubles its R&D efforts & support in India
This month
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ransomware
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logrhythm
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r&d
LogRhythm doubles its R&D and customer support in India, in a strategic move to enhance the nation's cyber resilience.
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NHS staff urge for swift digital innovation to improve healthcare outcomes
This month
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it in healthcare
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nhs
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investment
NHS staff are urging swift digital innovations to curb increasing wait times, cut costs, and enhance patient outcomes, a BT study shows.
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BP invests in AI forecasting to enhance CX, reduce waste
This month
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cx
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ai
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bp
BP partners with RELEX Solutions for an AI-driven platform to optimise supply chain across its 300 UK retail stores.
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Strategising intellectual property crucial for emerging tech growth
This month
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innovation
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hardware
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software
Intellectual property strategies are key for the growth and competitiveness of emerging tech unicorns, warns industry expert.
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Internal challenges curb cybersecurity transformation in Australian firms
This month
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cybersecurity
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cisos
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investment
Australian firms struggle with internal challenges hindering cybersecurity transformation, amidst growing demand for stronger security.
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ManageEngine rolls out Endpoint Central MSP Cloud for better IT management
This month
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servers
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investment
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operating systems
ManageEngine introduces Endpoint Central MSP Cloud, offering enhanced scalability, flexibility, and efficiency for remote IT management.
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£1bn Golden Valley Development to bolster UK's science & technology prowess
This month
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cybersecurity
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ai
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government
The development, part of the UK's National Cyber Strategy, promises to transform the country into a global hub for science and technology by 2030.
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DoiT International announces $5B collaboration with Amazon Web Services
This month
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aws
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business
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customers
DoiT International announces a five-year Strategic Collaboration Agreement with Amazon Web Services, aiming to generate $5B in business.
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Australian fintech startup numbers dwindle amid challenging economic conditions
This month
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kpmg
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investment
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innovation
Number of Australian fintech startups drops for the first time, down 3% to 830, as challenging economic conditions persist.
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Equinix hailed as Leader in IDC MarketScape Datacentre Services Report 2023
This month
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it infrastructure
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digital services
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investment
Equinix, a digital infrastructure firm, has been recognised as a leader in the 2023 IDC MarketScape Datacentre Services Report.