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

UK News - Page 116

Widespread unpaid overtime & mental health taking its toll
Power / Energy

Widespread unpaid overtime & mental health taking its toll

A new survey reveals 84% of UK workers feel compelled to work overtime, averaging an extra 23 hours monthly, impacting health and personal lives.

By Shannon Williams • 3 min read • Thu, 16th May 2024
Millions of dollars at risk over new tech FOMO – report
Gaming

Millions of dollars at risk over new tech FOMO – report

Ardoq's 2024 report reveals millions of dollars are at risk as CIOs admit investments are driven by the fear of missing out.

By Shannon Williams • 3 min read • Thu, 16th May 2024
AI dominates top UK IT jobs, driving high salary premiums
Generative AI

AI dominates top UK IT jobs, driving high salary premiums

Demand for AI skills has skyrocketed among IT professionals in the UK, with 97% of roles paying over £100,000 requiring AI proficiency.

By Catherine Knowles • 3 min read • Thu, 16th May 2024
Network Rail & Oakland harness AI to innovate knowledge management
Generative AI

Network Rail & Oakland harness AI to innovate knowledge management

Network Rail partners with Oakland to revolutionise knowledge management using AI, aiming for significant improvements in delays, capacity, and carbon emissions.

By Catherine Knowles • 3 min read • Thu, 16th May 2024
Forterro launches new cloud ERP solution for UK manufacturers
Software-as-a-Service

Forterro launches new cloud ERP solution for UK manufacturers

Forterro launches its inaugural cloud-based ERP solution, Fortee, in the UK, targeting SME discrete manufacturers and industrial startups with 15 years of cloud expertise.

By Catherine Knowles • 3 min read • Thu, 16th May 2024
UK firms focus on cuts (including IT) amid rising financial pressures
Digital Transformation

UK firms focus on cuts (including IT) amid rising financial pressures

New research from Daisy Corporate Services shows two-thirds of UK businesses prioritising cost reduction, with nearly half citing rising costs as their primary concern.

By Sean Mitchell • 3 min read • Wed, 15th May 2024
AI talent in banking sees significant growth, report reveals
Artificial Intelligence

AI talent in banking sees significant growth, report reveals

AI-driven roles in US and European banks show robust growth, doubling overall headcount growth despite job cuts, according to Evident report.

By Shannon Williams • 3 min read • Wed, 15th May 2024
UK's impending AI regulations could reshape global landscape
Customer Experience

UK's impending AI regulations could reshape global landscape

UK set to adopt strict AI regulations that could largely reshape the AI sector, pending third reading in the House of Lords, reveals Lord Chris Holmes.

By Shannon Williams • 3 min read • Wed, 15th May 2024
43% of organisations struggle with cybersecurity compliance
Data Protection

43% of organisations struggle with cybersecurity compliance

Navigating the complexities of cybersecurity laws, 44% of firms struggle with compliance, reveals Infosecurity Europe. Experts set to address solutions at 2024 meet.

By Sean Mitchell • 3 min read • Wed, 15th May 2024
Guidewire study reveals customer attitudes to AI in insurance
Digital Transformation

Guidewire study reveals customer attitudes to AI in insurance

Guidewire's latest study reveals varied customer opinions on the insurance industry, highlighting the impact of personal experiences, tech advances, and diversity.

By Sean Mitchell • 3 min read • Wed, 15th May 2024
Bristol Sport enhances finance operations with Xledger cloud
Digital Transformation

Bristol Sport enhances finance operations with Xledger cloud

Bristol Sport enhances its financial operations by utilising Xledger UK's automated cloud solution, aiming to streamline processes and support ambitious growth.

By Sean Mitchell • 3 min read • Wed, 15th May 2024
Telcom Group chosen for phase two of Cardiff fibre network
Unified Communications

Telcom Group chosen for phase two of Cardiff fibre network

Cardiff Council has selected Telcom Group to deploy the next phase of its full fibre internet network, aiming for 100% coverage by 2025.

By Sean Mitchell • 2 min read • Tue, 14th May 2024
Third reading of UK AI bill takes place in House of Lords
Digital Transformation

Third reading of UK AI bill takes place in House of Lords

The third reading of the UK AI bill took place in the House of Lords amid questions over its readiness following the EU AI Act's passing and with the AI Safety Summit on the horizon.

By Tom Raynel • 3 min read • Tue, 14th May 2024
Pegasystems signs new five-year contract with HMRC
Digital Transformation

Pegasystems signs new five-year contract with HMRC

Pegasystems extends its partnership with the UK's tax authority, HMRC, in a new five-year deal to drive forward HMRC's digital transformation.

By Tom Raynel • 2 min read • Tue, 14th May 2024
Basware acquires UK's AP Matching to optimise invoice processing
Enterprise Resource Planning

Basware acquires UK's AP Matching to optimise invoice processing

AP automation firm Basware acquires UK-based AP Matching, integrating accurate financial data and automated reconciliation to improve invoice processing and boost cost savings for clients.

By Kaleah Salmon • 3 min read • Tue, 14th May 2024
Kodak Alaris & ASL unite to boost UK's digital transformation
Document Management

Kodak Alaris & ASL unite to boost UK's digital transformation

Kodak Alaris partners with leading UK managed office services supplier ASL, bolstering ASL's technology offerings with premium scanning and software support services to meet growing demands for data digitisation.

By Catherine Knowles • 3 min read • Tue, 14th May 2024
BT lands £70m IT deal to strengthen South West police forces
Cloud Services

BT lands £70m IT deal to strengthen South West police forces

BT nets a £70m IT services contract aimed at bolstering technology infrastructure and enhancing connectivity for Devon and Cornwall and Dorset Police, strengthening South West England's police forces.

By Sean Mitchell • 3 min read • Thu, 9th May 2024
UK mid-sized firms voice concerns over cybersecurity threats
Digital Transformation

UK mid-sized firms voice concerns over cybersecurity threats

Amid growing threats, 43% of UK's mid-sized firms remain worried about cybersecurity, fearing existing measures aren't robust enough.

By Shannon Williams • 2 min read • Thu, 9th May 2024
Dootrix & Confused.com join forces to revamp mobile app
Microsoft

Dootrix & Confused.com join forces to revamp mobile app

Microsoft Azure specialist Dootrix partners with Confused.com to overhaul its mobile insurance application, introducing a streamlined user experience.

By Shannon Williams • 2 min read • Thu, 9th May 2024