Europe Stories - Page 68

UK Stories

Hyve Managed Hosting expands with new Frankfurt data centre

Hyve Managed Hosting has unveiled a new data centre in Frankfurt, bolstering its European operations to meet soaring demand for cloud services.

By Kaleah Salmon • 3 min read • Thu, 13th Mar 2025

Digital Transformation

European IT distribution market to grow by 3.6% in 2025

CONTEXT has forecast a 3.6% growth in the European IT distribution market for 2025, driven by AI investments and a new PC refresh cycle amid economic recovery.

By Sean Mitchell • 2 min read • Thu, 13th Mar 2025

Customer Experience

Lookiero & Outfittery merge to form a European leader

Lookiero and Outfittery have merged to form the Lookiero Outfittery Group, targeting over three million customers and projecting EUR €130 million in revenue.

By Catherine Knowles • 2 min read • Wed, 12th Mar 2025

Payment Technologies

WithU tops leisure sector as fastest-growing in FT1000 list

WithU has been named one of Europe's fastest-growing companies, ranking 26th in the FT1000 with a remarkable CAGR of 245.8% in the leisure sector.

By Kaleah Salmon • 2 min read • Mon, 10th Mar 2025

Power / Energy

Schneider Electric appoints new SVP for Europe division

Schneider Electric has appointed Pablo Ruiz Escribano as Senior Vice President for its Secure Power and Data Centre Business in Europe, effective immediately.

By Melvin Hipolito • 4 min read • Fri, 7th Mar 2025

Malware

Cybercrime report reveals 58% surge in APT activity

Group-IB's new report reveals a 58% rise in Advanced Persistent Threats, with Europe facing the brunt amid escalating geopolitical tensions.

By Catherine Knowles • 3 min read • Fri, 28th Feb 2025

Storage

Unpredictable cloud fees delay projects as European firms overspend

Over half of European firms exceed cloud storage budgets due to complex fees, causing IT project delays despite strong cloud-first adoption across the region.

By Sean Mitchell • 5 min read • Mon, 24th Feb 2025

Global Stories

Hybrid Cloud

Channel partners urged to enhance cloud capabilities

New research from Westcon-Comstor reveals that 85% of channel partners prioritise enhancing cloud capabilities, yet many admit to feeling unprepared to meet demand.

By Shannon Williams • 3 min read • Sun, 16th Mar 2025

Ransomware

KnowBe4's global report finds rising cyber threats aimed at retail sector

The company's latest report reveals a drastic shift in cybercrime, with phishing attacks now accounting for 38% of retail data breaches in 2023.

By Melania Watson • 2 min read • Tue, 11th Mar 2025

Hyperscale

DoiT announces USD $250m fund to boost AI automation

DoiT has unveiled a USD $250 million fund to propel AI-driven automation in cloud operations, enhancing efficiency as businesses migrate to the public cloud.

By Shannon Williams • 3 min read • Thu, 6th Mar 2025

Blockchain

Tokenisation could save asset managers over USD $135 billion

Calastone has revealed that tokenisation could save the asset management sector over USD $135 billion, significantly enhancing efficiency in fund operations.

By Moritz Florian • 3 min read • Thu, 6th Mar 2025

Unified Communications

Half a billion eSIM units shipped globally in 2024

The Trusted Connectivity Alliance reports eSIM shipments surpassed 503 million in 2024, marking a 35% rise, driven by strong consumer demand and new devices.

By Catherine Knowles • 3 min read • Thu, 6th Mar 2025

Gaming

Asia-Europe digital connectivity strengthened by new project

Telehouse Thailand, HGC Global Communications, and AMS-IX have launched a new transmission infrastructure to enhance connectivity between Bangkok and London.

By Catherine Knowles • 3 min read • Fri, 28th Feb 2025

Ransomware

Ransomware attacks reach record levels in January 2025

January witnessed an unprecedented rise in ransomware attacks, surging to 590 incidents, as NCC Group warns of escalating cyber threats amid global instability.

By Shannon Williams • 3 min read • Fri, 28th Feb 2025

Firewalls

Versa launches Sovereign SASE, offering full control

Versa has launched Sovereign SASE, enabling enterprises to customise networking and security services from their own infrastructure, catering to evolving data privacy needs.

By Kaleah Salmon • 3 min read • Tue, 25th Feb 2025

Storage

Cloud storage fees hit nearly half of bills, survey reveals

A survey reveals organisations spend 49% of cloud storage bills on fees like data access, hindering business and causing budget overruns in 2024.

By Sean Mitchell • 5 min read • Mon, 24th Feb 2025

Generative AI

AI reshapes banking with Goldman Sachs leading adoption

Goldman Sachs is at the forefront of an AI revolution in banking, with a new report revealing 167 AI applications across global banks, shifting industry norms.

By Kaleah Salmon • 3 min read • Mon, 24th Feb 2025

Data Analytics

Tech risks dominate finance compliance, eflow survey finds

A survey by eflow Global reveals 64% of finance executives see technology-driven risks, especially AI, as key compliance challenges for 2024.

By Sean Mitchell • 2 min read • Sat, 22nd Feb 2025

Artificial Intelligence

AI to drive business growth in UK & USA, survey reveals

The 2025 VivaTech Confidence Barometer shows high optimism among American and UK business leaders regarding technology, with 87% confident in its potential.

By Sean Mitchell • 3 min read • Fri, 21st Feb 2025

Payment Technologies

Vespia partners with Mastercard to streamline onboarding

Vespia has partnered with Mastercard to enhance merchant onboarding across multiple regions, aiming to streamline processes and cut onboarding times by up to 90%.

By Kaleah Salmon • 2 min read • Thu, 20th Feb 2025