TelcoNews UK - Telecommunications news for ICT decision-makers

Investment stories

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SEEK, Jobstreet, & Jobsdb unite platforms in major tech change
Last week
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ai
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investment
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job seekers
Leading job marketplaces SEEK, Jobstreet, and Jobsdb unite in a significant merger, utilising SEEK's AI technology to enhance employment services across the Asia Pacific region.
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Ex-Orange VP Miloud Bensaada joins Cubic Telecom as Commercial Chief
Last week
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iot
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investment
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orange
Former Orange VP of Sales, Miloud Bensaada, steps into new role as Chief Commercial Officer at Cubic Telecom, strengthening the firm's strategy to dominate the global software-defined connected vehicle and IoT markets.
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CFOs take active role in GenAI strategy development
Last week
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ai
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investment
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productivity
34% of CFOs are actively developing generative artificial intelligence (GenAI) strategies in their corporations, according to a new survey by Gartner.
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Must read report by Sitecore & Deloitte unveils power of collaboration
Last week
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digital transformation
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martech
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business
Sitecore and Deloitte Access Economics' report reveals that enhanced inter-departmental collaboration could unlock significant revenue growth and innovation despite recognised challenges.
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Jet Technologies announces new distribution centre in Brisbane
Last week
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cloud services
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investment
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nz
Sydney's Jet Technologies has opened a distribution centre in Brisbane, marking its expansion in Australia and New Zealand, driven by increasing demand for their print, packaging and industrial solutions.
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Europe's Low Code No Code Revolution: Unlocking Innovation, Agility, and Digital Transformation
Last week
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crm
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cloud services
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digital transformation
Europe's institutions combat a talent shortage and the Great Resignation by harnessing Low-code/No-Code technology, quickening app development whilst fostering innovation and digital transformation.
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UK lags behind France and Germany in generative AI
Last month
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it training
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ai
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ethics
British companies trail their French and German counterparts in investing in generative AI, jeopardising the UK's chances of gaining an AI advantage.
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How AI is transforming the Australian workforce
Last month
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it training
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payroll systems
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ml
Generative AI is reshaping Australia’s workforce, with technology skills now integral to the economy. Embracing AI could unlock billions of dollars by 2030, but requires an understanding of its intricacies and a stronger pipeline of tech workers.
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Device Authority secures extra $2m for IoT access management growth
Last month
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network management
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iot
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iam
Device Authority, a leader in IoT identity and access management, has secured an additional $2m in Series A funding from US venture capital firm Mercato Partners' Prelude Fund.
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5 supply chain strategies to prepare for inflation & potential recession
Last month
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inflation
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investment
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business
As inflation spikes and a potential recession looms, businesses must adapt their supply chains with resilience and agility, preparing to not only survive, but thrive amid a changing economic landscape.
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Global spend on AI for network orchestration to reach $20bn by 2028
Last month
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firewall
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virtualisation
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network management
Network operators worldwide are set to spend $20bn on AI for network orchestration by 2028, marking a leap of 240% from $6bn in 2024, says Juniper Research.
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Talking cybersecurity with the board of Directors
Last month
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compliance
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cybersecurity
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context
Cybersecurity professionals must translate their technical language to ensure board members fully grasp inherent cyber threats, to encourage informed investment and more accountable cybercrime prevention.
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Stablecoins: Clarifying myths and highlighting superpowers
Last month
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digital transformation
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cios
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grants
Stablecoins, an innovative class of cryptocurrency, combine the advantages of digital security and rapid transactions, despite myths and misunderstandings.
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ServiceNow & Keensight Capital back global IT firm Plat4mation
Last month
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data protection
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cloud services
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digital transformation
ServiceNow and Keensight Capital have invested in IT consultancy firm Plat4mation, marking ServiceNow's first European strategic investment to boost customer value delivery and foster growth through partners.
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UK tech SMEs investing in young talent despite tough economy
Last month
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recruitment
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investment
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skills shortage
Despite financial challenges, 69% of UK tech SMEs invest in young talent via low-cost recruitment, showing optimism and resilience.
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AI-driven Proptech revolutionise commercial property industry
Last month
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big data
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bi
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cx
Proptech is revolutionising the commercial property industry, offering solutions to challenges like complex legacy systems and manual processes.
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Giesecke+Devrient expands stake in Netcetera to 95%
Last month
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digital transformation
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cryptocurrency
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blockchain
Munich's Giesecke+Devrient boosts stake in software corporation Netcetera to 95%, enhancing its financial platforms and reinforcing future growth in digital banking and payments.
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Investment Association alerts UK investors of AI trading risks
Last month
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ai
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cybersecurity
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cyber risk
UK's Investment Association cautions investors on relying solely on AI and trading bots for investments, noting the potential financial risks and cybersecurity vulnerabilities.
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Biometric-enabled POS transactions set to surge, says Juniper Research
Thu, 1st Feb 2024
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surveillance
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investment
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juniper research
Juniper Research predicts a 138% jump in transactions via biometric-enabled Point of Sale (POS) terminals, climbing from 19.5 billion in 2023 to 46 billion by 2028.
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SMEs remain bullish, planning growth despite economic challenges
Thu, 1st Feb 2024
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investment
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cba
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inflation
Despite high inflation and rising interest rates, 80% of SMEs plan strategies for growth in 2024, underpinned by a focus on innovation, investment, and staff training, says a CBA-YouGov study.
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Melbourne's Yume secures AU$2m from Investible-led funding round
Wed, 31st Jan 2024
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investment
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melbourne
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venture capital
Melbourne-based food redistribution platform, Yume, has secured AU$2m in a seed funding round spearheaded by Investible to ramp up its technology capabilities and workforce.
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Appdome enhances MOBILEBot Defense, promises significant savings
Wed, 24th Jan 2024
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firewall
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ddos
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cloud services
Appdome has upgraded its MOBILEBot Defense product to offer full portability to any web application firewall (WAF), lowering costs for brands while enhancing defence against over 100 mobile attack vectors.
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UK institutions' cyber resilience flagged in new National Security report
Wed, 24th Jan 2024
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web development
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cybersecurity
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investment
National Cyber Security Centre report highlights concerning cyber resilience of key UK institutions; BBC, NHS, Royal Mail, and British Library as being significantly vulnerable.
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Nemetschek Group invests in construction finance start-up Briq
Tue, 23rd Jan 2024
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accounting systems
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digital transformation
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project management
Software solutions giant Nemetschek Group discloses investment in US start-up Briq, aiming to boost digitalisation in the construction industry with its finance automation platform.