IT Brief UK - Technology news for CIOs & IT decision-makers

Investment stories - Page 6

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Investment in data centres surges, ABS gaining traction
Wed, 12th Jun 2024
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investment
Global investment in data centres hits USD $22 billion in five months, with asset-backed securitisations driving financial strategies, Linklaters reports.
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Hydrogen fuel cells promise reliable power, zero emissions
Wed, 12th Jun 2024
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Hydrogen fuel cells, seen as the future of zero-emission power, come with significant CO2 reduction potential. Kohler invests in its sustainable adoption.
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HSBC & BNY Mellon to pilot Quantexa's new AI technology
Tue, 11th Jun 2024
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risk & compliance
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ai
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hsbc
HSBC and BNY Mellon join Quantexa's Lighthouse Programme to deploy Q Assist, a context-aware generative AI suite, debuting at London Tech Week to optimise financial services.
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Australian executives predict AI-driven business growth in 2024
Tue, 11th Jun 2024
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fintech
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advanced persistent threat protection
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financial systems
A new survey by OpenText Cybersecurity reveals that 92.5% of Australian executives in MSPs and MSSPs foresee significant business growth driven by AI investments in the next year.
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AI in Commerce: Why retailers need to beware
Tue, 11th Jun 2024
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it training
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Retailers must tread cautiously with AI technology, where data quality and ethical use are critical for truly beneficial outcomes.
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UK leads Europe in digital FDI growth despite overall decline
Tue, 11th Jun 2024
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investment
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ey
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cloud services
The UK has secured its position as Europe's top destination for digital FDI with 255 projects in 2023, according to EY's latest survey, outpacing the continent amidst a broader decline.
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Majority of firms bolster SaaS security despite economic woes
Fri, 7th Jun 2024
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cloud security
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breach prevention
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cybersecurity
A CSA survey shows that 70% of firms have dedicated SaaS security teams despite economic challenges, and 39% increased their SaaS cybersecurity budgets.
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Finance professionals lead in AI adoption, report reveals
Fri, 7th Jun 2024
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cryptocurrency
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fintech
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blockchain
Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.
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Australian customer experience quality stagnates or declines
Thu, 6th Jun 2024
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martech
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cx
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Forrester's report reveals that customer experience quality in Australia has stagnated or declined since 2020, with banks and government sectors hit hardest.
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New Zealand’s Fingermark secures major investment from Ecolab
Wed, 5th Jun 2024
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ai
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cleantech
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sustainability
Fingermark secures multimillion-dollar investment from Ecolab, aiming to revolutionise global Quick Service Restaurants with advanced automation technology.
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Freelancer appoints Catcha Group CEO Patrick Grove to board
Wed, 5th Jun 2024
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crowdsourcing
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investment
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ipo
Freelancer appoints Catcha Group CEO Patrick Grove as Non-Executive Director to its Board, aiming to leverage his tech sector expertise to drive growth.
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Google.org invests major $1.5 million boost to enhance AI
Wed, 5th Jun 2024
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singapore
Google.org is investing another USD $1.5 million to boost AI capabilities for humanitarian and environmental nonprofits across the Asia-Pacific.
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Jio launches 'JioFinance' app to revolutionise digital banking
Wed, 5th Jun 2024
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digital transformation
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fintech
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payment technologies
Jio Financial Services launches the 'JioFinance' app beta, aiming to revolutionise digital banking and financial activities for Indian citizens.
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Australian & Kiwi SMBs increase AI investments for growth
Wed, 5th Jun 2024
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edge computing
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digital entertainment
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power / energy
SMBs in Australia and New Zealand are ramping up AI investments, with nearly half planning major boosts over five years to drive growth and innovation, a survey reveals.
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McConnell Dowell invests in tech to enhance Melbourne projects
Tue, 4th Jun 2024
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saas
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devops
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digital transformation
McConnell Dowell partners with TechnologyOne to bolster Melbourne's key infrastructure projects through a GBP £45 million investment in cutting-edge SaaS technology.
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UK science superpower aspirations hindered by short-termism
Tue, 4th Jun 2024
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skills gap
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funding
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investment
A new report from the Council on Geostrategy criticises the UK's short-termism, hindering its science and tech ambitions, as a snap election looms.
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Google invests USD $5 billion in data centre expansion in Singapore
Mon, 3rd Jun 2024
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dc
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Google completes USD $5 billion data centre expansion in Singapore, bolstering the city's position as a regional tech hub and supporting AI-driven economic growth.
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How Ed Husic’s proposal could encourage AI & automation investment
Sun, 2nd Jun 2024
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drones
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robots
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Australian CEOs support Ed Husic’s tax cut proposal for AI and automation, eyeing reduced costs and shifts to local manufacturing as crucial benefits.
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Switch Datacenters unveils AMS4, enhancing Amsterdam's digital hub
Sat, 1st Jun 2024
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hyperscale
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martech
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commerce systems
Switch Datacenters launches AMS4, a 15-18 MW facility in Amsterdam, marking a significant boost to the city's digital infrastructure amid growing service demand.
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Tanium appoints Rani Johnson, Tim Millikin to board of directors
Fri, 31st May 2024
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edr
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cybersecurity
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workday
Tanium appoints Workday CIO Rani Johnson and TPG's Tim Millikin to its board, aiming to leverage their expertise for accelerated growth and strategic innovation.