Investment stories - Page 15

Moneybox has partnered with Aurum Solutions to automate its reconciliation processes amid a 43% growth in assets.

Outsource Group partners with Palo Alto Networks, becoming the exclusive Cortex MSSP in Ireland. The deal could yield millions, strengthening cyber security offerings.

Arrow Electronics and Citrix have struck a strategic distribution deal to streamline Citrix license services across North America and EMEA, starting 1 October 2024.

IDHL moves into a 9,600 sq ft space at 10 South Parade, Leeds, with a new 10-year lease, doubling its office size to support its 400-strong workforce.

Zendesk launches an outcome-based pricing model for its AI agents, aligning costs with resolved issues to enhance transparency and ensure tangible returns.

SleekFlow secures USD $7 million in Series A+ funding led by Atinum Investment, pushing its total to USD $15 million to fuel global expansion and AI advancements.

MicroLED technology is set to revolutionise automotive displays and lighting, offering superior brightness, durability, and energy efficiency for safer driving.

Rimini Street CEO Seth Ravin has discussed the company's rise and strategies to help clients optimise IT budgets amidst economic pressures.

CD&R and CVC will co-own Epicor, a leader in enterprise SaaS, under a new agreement enhancing SaaS migration and global expansion; financial terms undisclosed.

GenAIxOps unites generative AI, AIOps, and cross-domain observability, revolutionising IT operations for businesses, boosting efficiency, security, and cost savings.

Experts are weighing in on how the UK Labour government might address the nation's innovation challenges, and what it means for businesses.

Rich Data Co secures USD $9 million boost from Acorn Capital, elevating total Series B funding to USD $37 million. Funds to drive North America expansion.

New data from the University of Oxford and OpenOcean challenges London's dominance in AI startup funding, revealing higher average funds per startup in South West England.

Retailers are gearing up for the new financial year with increased investments in cyber security, personalisation, and artificial intelligence to boost growth.

StorMagic secures investment from Palatine Growth Credit Fund, aiming to boost growth with its new SvHCI product, offering a cost-effective alternative to VMware.

A Juniper Research study predicts operator investment in Open Radio Access Networks will hit USD $11 billion by 2029, up from USD $2 billion in 2024.

At least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls.

Despite rising cybersecurity investments, a new Appsbroker CTS survey reveals a growing sense of insecurity among UK's IT leaders, with 87% losing sleep over cyber risks.

An IT outage caused by a faulty update from CrowdStrike halted 8.5 million Windows PCs, disrupting airlines and the NHS; a fix and reboot are now advised.

Organisations are significantly boosting their generative AI investments, with nearly a quarter now integrating the technology, up from 6% in 2023.