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

Investment stories - Page 23

Uk leaders

UK IT leaders view digital infrastructure as a business risk

Wed, 18th Oct 2023
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edutech
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data analytics
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edge computing
A Telehouse Europe study found 95% of UK IT leaders perceive their infrastructure as a potential business risk.
Cybersecurity soc

11.6% increase in cybersecurity spending amid rising threats

Wed, 18th Oct 2023
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firewalls
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network security
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cloud security
Global cybersecurity spending reaches $19 billion in Q2 2023, with Palo Alto Networks leading the market growth at 25.4%, says Canalys.
Board

British firm IKAR Holdings appoints AI system to its board of directors

Mon, 16th Oct 2023
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edutech
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power / energy
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ai
In a pioneering move, British firm IKAR Holdings has appointed an AI system, IKONIC, to its board of directors.
Geo

TILTLABS expands into Geospatial Digital Twins for smart urban development

Sat, 14th Oct 2023
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edutech
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uc
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smart cities
TILTLABS set to reshape urban environments with Geospatial Digital Twins, offering sustainable, efficient, and data-driven urban spaces.
Cybersecurity

Cybersecurity challenges persist for SMBs, revealing need for support

Sat, 14th Oct 2023
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edutech
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data protection
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hcm
Small and medium-sized businesses (SMBs) are struggling with cybersecurity challenges and lack necessary support - Sage report.
Corporate

Permira becomes majority shareholder in CSI Group amid leadership shakeup

Sat, 14th Oct 2023
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data protection
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digital transformation
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public cloud
Permira becomes main stakeholder in tech firm CSI Group in major ownership shakeup, anticipating significant growth.
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Schneider Electric invests $1.2 Million into green data centers

Thu, 12th Oct 2023
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power / energy
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clean technologies
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sustainability
Schneider Electric Singapore invests SGD$1.2M in a data center testbed aiming to develop eco-friendly and energy-efficient cooling solutions.
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VoWLAN market forecast to exceed $76 Billion by 2033

Thu, 12th Oct 2023
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uc
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market
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investment
The voice-over WLAN (VoWLAN) market is projected to surpass US$ 76.0 billion by 2033, according to a new report by Future Market Insights.
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India-UK collaboration: AI park ignites future trade

Thu, 12th Oct 2023
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partner programmes
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ai
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construction
India's Cabinet Minister underscores AI's pivotal role in boosting India-UK trade at a London summit with a new AI park.
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NTT unveils new data centre in commitment to Malaysia

Wed, 11th Oct 2023
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hyperscale
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dc
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kaspersky
NTT has unveiled its new data centre in Malaysia, representing a RM 234 million investment and part of Malaysia's vision to become an 'Asian Digital Tiger'.
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Strategic positioning essential for pre-scaled tech companies seeking premium M&A valuations

Wed, 11th Oct 2023
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investment
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m&a
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dai magister
Tech M&A activity is shifting to a buyer's market in 2023, with low valuations and attractive growth assets available, according to DAI Magister.
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SuperOps.ai raises $12M following 300% spike in customers

Wed, 11th Oct 2023
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cybersecurity
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investment
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capital raising
SuperOps.ai, the AI-powered IT management software platform, has raised $12.4m in Series B funding, with customer numbers increasing by 300%.
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Cylera strengthens cybersecurity partnership with NHS Trust

Wed, 11th Oct 2023
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network infrastructure
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cybersecurity
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healthtech
Cylera partners with Dartford and Gravesham NHS Trust for three years, enhancing healthcare IoT cybersecurity.
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The importance of conversational AI in contact centres

Tue, 10th Oct 2023
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uc
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digital transformation
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cx
8x8 publishes report highlighting the growing adoption and value of conversational AI in the contact centre industry.
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43% of DX Pros lack insight on customer preferences

Mon, 9th Oct 2023
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cx
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martech
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e-commerce
Almost half of digital experience professionals lack insight into customer preferences on their apps and websites.
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PerfectScale secures US$7.1 million for Kubernetes optimisation

Fri, 6th Oct 2023
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virtualisation
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paas
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iaas
The latest investment brings the company's total funding to nearly US$10 million since its founding in March 2022.
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Energy risk software provider Pexapark raises millions for global expansion

Wed, 27th Sep 2023
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power / energy
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risk & compliance
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clean technologies
Pexapark secures €20m in Series C funding led by Telstra Ventures to bolster its renewable energy risk management software and advisory services.
Oracle energy

Oracle tops Digital Customer Engagement rankings, says Guidehouse Insights

Thu, 21st Sep 2023
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cx
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martech
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partner programmes
Oracle Energy and Water has been named the top provider in digital customer engagement and experience analytics by Guidehouse Insights.
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Denodo signs agreement with TPG Growth for $336M equity

Fri, 15th Sep 2023
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market
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investment
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denodo
TPG Growth has agreed to invest $336m in Denodo's Series B preferred equity, with the deal slated to close in October.
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IT leaders optimistic about how AI will transform business

Mon, 28th Aug 2023
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digital transformation
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ai
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ai models
Three-quarters of IT leaders are optimistic about the benefits of AI, but lack implementation roadmaps and hardware, according to a survey by AMD.