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

IT Budget Stories

UK Stories

IT Budget stories

CloudFirst appoints Scott Lee as Chief Revenue Officer
Data Protection

CloudFirst appoints Scott Lee as Chief Revenue Officer

Demand for cloud and security services is rising, and the provider is adding sales leadership to align customer, partner and revenue strategy.

By Sofiah Nichole Salivio • 3 min read • Last week

Global Stories

IT Budget stories

AWS revenue growth hits fastest pace in 18 quarters
Software-as-a-Service

AWS revenue growth hits fastest pace in 18 quarters

Demand for AI and core cloud services is boosting Amazon's key profit engine, with AWS growth accelerating to a 36.7% annual pace.

By Mark Tarre • 3 min read • 3 days ago
SMEs push notebook prices 26% above retail across Europe
Data Protection

SMEs push notebook prices 26% above retail across Europe

Retailers risk missing a lucrative SME market, as business buyers pay far more for notebooks than households and demand pricier, work-ready devices.

By Joseph Gabriel Lagonsin • 3 min read • 3 days ago
EPAM joins OpenAI partner network for enterprise AI
Digital Transformation

EPAM joins OpenAI partner network for enterprise AI

The tie-up could speed enterprise AI adoption as firms shift from pilots to secure, regulated deployments across core operations.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
Westcon-Comstor adds 1Password to AWS Marketplace
Software-as-a-Service

Westcon-Comstor adds 1Password to AWS Marketplace

The deal gives EMEA partners a simpler way to buy identity security software through AWS Marketplace as cloud procurement grows faster.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Bolt-on AI is the new lipstick on a pig; the pig is still running your enterprise
Software-as-a-Service

Bolt-on AI is the new lipstick on a pig; the pig is still running your enterprise

Enterprises risk wasting money on AI add-ons that change interfaces, not the legacy systems still limiting speed, autonomy and outcomes.

By Anurag Gurtu • 5 min read • Last week
AUTOBACS SEVEN marks decade with Rimini Street support
Digital Transformation

AUTOBACS SEVEN marks decade with Rimini Street support

The retailer says lower support costs have freed up budget for AI and other projects while keeping its SAP and Oracle systems stable.

By Sean Mitchell • 5 min read • Last week
Dell forum in Dublin to tackle AI scaling challenge
Digital Transformation

Dell forum in Dublin to tackle AI scaling challenge

Businesses in Ireland face growing pressure to modernise systems as AI moves from pilots to full-scale use, Dell says.

By Joseph Gabriel Lagonsin • 3 min read • Last week
Mphasis revenue rises as AI-led wins top USD $461m
Digital Transformation

Mphasis revenue rises as AI-led wins top USD $461m

Margins narrowed even as Mphasis booked USD $461 million of new work, with AI-led contracts driving most of the quarter's wins.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Enterprise AI buyers increase spending but demand proof
Software-as-a-Service

Enterprise AI buyers increase spending but demand proof

Enterprise AI purchases are facing tougher checks as 64% of buyers demand proof, slowing deals even as spending keeps rising.

By Sofiah Nichole Salivio • 4 min read • Last month
Gartner forecasts AI spending to hit USD $64bn in 2026
Software-as-a-Service

Gartner forecasts AI spending to hit USD $64bn in 2026

Enterprise buyers are demanding clearer returns and tighter controls as global AI spending is forecast to jump to USD $64 billion in 2026.

By Sean Mitchell • 3 min read • Last month

Stories from Other Regions

IT Budget stories

Balance Theory raises USD $19m in Series A funding
Software-as-a-Service

Balance Theory raises USD $19m in Series A funding

Boards are pressuring security chiefs to prove returns as the Columbia, Maryland firm expands a platform that manages more than USD $1 billion in spend.

By Sean Mitchell • 4 min read • 3 days ago
Servicely says AI cuts finance billing time by 92%
Software-as-a-Service

Servicely says AI cuts finance billing time by 92%

Back-office billing is emerging as an early AI win for finance teams, with one Servicely customer cutting invoice prep time by 92%.

By Karen Joy Bacudo • 4 min read • Last week
Bank of America adds AI to EricaAssist for faster calls
Fintech

Bank of America adds AI to EricaAssist for faster calls

Call-centre staff at the bank are handling enquiries nearly a minute faster as new generative AI prompts cut call times and speed up guidance.

By Karen Joy Bacudo • 3 min read • Last month
Calero wins two 2026 CODiE awards for its platform
Digital Transformation

Calero wins two 2026 CODiE awards for its platform

The latest honours lift its CODiE tally to eight, underlining growing recognition for tools that help firms curb IT and market data spending.

By Karen Joy Bacudo • 3 min read • Last month
VIVERE picks Rimini Street to back SAP ECC systems
Digital Transformation

VIVERE picks Rimini Street to back SAP ECC systems

The Indonesian manufacturer is delaying a costly SAP S/4HANA migration, preserving continuity for customers such as Coca-Cola and Unilever.

By Sofiah Nichole Salivio • 4 min read • Last month
Australia lags on AI governance as adoption races ahead
Digital Transformation

Australia lags on AI governance as adoption races ahead

Only 22% of Australian organisations say they are ready to govern AI safely, as spending and use surge across daily operations.

By Mark Tarre • 5 min read • Last month