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

United Kingdom (UK) stories

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Stellar Omada lands HMRC testing deal worth GBP £10m

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Edinburgh's Stellar Omada secures five-year HMRC digital testing contract worth more than GBP £10m, bolstering its UK public sector footprint.
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Introducing the first Frontier Suite built on Intelligence + Trust

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edutech
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data protection
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digital transformation
Microsoft unveils Microsoft 365 E7 Frontier Suite, bundling Copilot and Agent 365 from 1 May at USD $99 and USD $15 per user.
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Chanelle Pharma taps SAP Cloud ERP & AI for expansion

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private cloud
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data analytics
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digital transformation
Chanelle Pharma adopts SAP Cloud ERP and Business AI to modernise global operations, bolster GxP compliance and power expansion to 90+ markets.
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Cyber attacks stay near record high as GenAI risks grow

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data protection
Global cyber attacks hover near record highs as unchecked workplace GenAI use exposes sensitive data in one in 31 corporate prompts.
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Ontix & Virgin Media O2 light up 5G small cells in Bath

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uc
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smart cities
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cx
Ontix and Virgin Media O2 have activated 5G small cells across central Bath, boosting mobile capacity in busy historic and retail areas.
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Epsilon links digital retail media to UK in-store sales

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cx
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martech
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cdp
Epsilon launches UK tool linking digital retail media to in-store sales, promising a single view of online and offline campaign impact.
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Explore Learning urges evidence-led AI in classrooms

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ai
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ai ethics & governance
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teched
Explore Learning warns schools that hype-fuelled classroom AI risks harming children's learning without robust evidence and human oversight.
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SPORTL raises GBP £250,000 to launch London fitness app

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revenue management
SPORTL secures GBP £250,000 pre-seed funding to launch a pay-as-you-train fitness booking app with 50 partner gyms across London.
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UK leaders overestimate everyday use of AI at work

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data analytics
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digital transformation
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genai
UK bosses vastly overestimate how often staff use AI at work, with big gaps over daily use, task delegation and who actually benefits.
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Automotive Insights adds leaders & moves to new base

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data analytics
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digital transformation
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cartech
Automotive Insights bolsters senior team with three key hires and relocates to a new Manchester base to fuel its next growth phase.
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Spring gifting rush sees GBP £6.9bn spend rival Christmas

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Spring gifting now packs GBP £6.9bn into 10 weeks, with Valentine's, Mother's Day and Easter rivaling Christmas for UK retailers.
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Cloudhouse unveils free tool to price IT outage costs

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Cloudhouse launches free calculator to put a price on IT outages, as research pegs average unplanned downtime at over USD $14,000 a minute.
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UK fraud overhaul plans GBP £30m Online Crime Centre

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fintech
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phishing
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email security
UK unveils expanded fraud strategy, pledging GBP £250m and a GBP £30m Online Crime Centre to target fast-moving online and overseas scams.
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ShowHeroes buys Traffective to boost publisher ads reach

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martech
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data privacy
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iab
ShowHeroes snaps up Munich ad-tech firm Traffective to build a multi-screen publisher monetisation platform and deepen DACH market reach.
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Augur raises USD $15m to expand AI risk monitoring

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data protection
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surveillance
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advanced persistent threat protection
London AI risk monitor Augur raises USD $15m seed round led by Plural to scale privacy-first surveillance across European infrastructure.
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GOODFOLIO overhauls leadership to target enterprises

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digital transformation
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erp
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ai
GOODFOLIO reshapes its top team and portfolio platform to chase enterprise AI demand and overseas growth after topping GBP £1 million revenue.
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Smart CT clinches global IT support deals to scale up

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network infrastructure
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manufacturing
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cx
Smart CT lands three global IT support deals covering 65,000-plus devices as it accelerates expansion across Europe, Asia and Australia.
Uk cyberattack ransomware map dark blues red locks data loss

Ransomware dominates UK cyber incidents, data loss surges

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data protection
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ransomware
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phishing
Ransomware drives over half of UK cyber incidents as data loss surges, with healthcare, retail and complex supply chains hardest hit.
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From Bell's first call to AI: a new tech revolution

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uc
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network infrastructure
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digital transformation
Marking 150 years since Bell's first call, UK tech leaders say AI is sparking a communications revolution to rival the telephone and internet.
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Smart Communications names David Hamilton as Chairman

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saas
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document management
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digital transformation
Smart Communications appoints veteran fintech executive David Hamilton as Chairman to steer global expansion and AI push in regulated sectors.