ChannelLife UK - Industry insider news for technology resellers

Investment stories - Page 1

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How MDR will transform cybersecurity in the mid-market
Yesterday
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ransomware
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siem
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phishing
Mid-sized businesses under cyber-attack pressure look to Managed Detection and Response (MDR) to bridge security and staffing gaps, navigating an evolving threat landscape.
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GPTStrategic, BidWrite partner to launch bidwritegpt
Last week
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ai agents
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investment
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autonomy
GPTStrategic and BidWrite have launched bidwritegpt, an AI-driven platform poised to revolutionise tender writing, promising increased efficiency and productivity.
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UK businesses lag in cybersecurity & tech connectivity
Last week
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risk & compliance
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ai
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cybersecurity
Only 25% businesses in the United Kingdom see themselves as cybersecurity leaders, placing the UK last among surveyed countries.
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Oracle unveils new cloud services to boost customer success
Last week
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hybrid cloud
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ai
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escalation
Oracle has unveiled Oracle Cloud Success Protection and Assurance Services, enhancing cloud investments with proactive support, guided learning, and 24/7 technical assistance.
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SAP Concur highlights complexities in return on investment in AI
Last week
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ai
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investment
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accounts payable
Businesses must navigate complexities to unlock the ROI in AI and automation, focusing on data management, security, and strategic implementation.
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AI reduces software development time by up to 50%, survey finds
Last week
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devops
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apm
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low-code
A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.
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HeyFlow secures GBP £235,000 from Aer Venture Studios
Last week
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storage
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ai
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investment
HeyFlow has secured GBP £235,000 from Aer Venture Studios to enhance its platform, tackling workplace reproductive health issues and promoting gender inclusion.
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Forrester's 2025 predictions reveal mixed trends in AI & tech
Last week
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digital transformation
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ai
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it debt
Forrester's 2025 Predictions reports forecast AI and tech trends, highlighting AI investment pitfalls and increased AIOps adoption to manage tech debt.
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QuantumLight, Revolut CEO release guide for startup founders
Last week
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investment
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venture capital
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performance management
QuantumLight, led by Revolut's CEO Nik Storonsky, releases a playbook for tech startup founders on building high-performance teams, based on Revolut’s success.
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True IDC to invest THB ฿10bn in data centre expansion
Last week
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power / energy
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investment
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renewable energy
True IDC to invest over THB 10 billion in expanding its data centre and cloud business from 2024 to 2027, aiming to be Thailand's largest data centre.
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BGF invests £16.5 million in fintech firm Twenty7tec
Last week
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fintech
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investment
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growth
BGF injects £16.5 million into fintech firm Twenty7tec to boost product development and expand market reach, appoints Angela Williams as Chair.
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AI startup Shutterspeed gains Techstars backing
Last week
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devops
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apm
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software development
Startup Shutterspeed secures backing from global venture capital firm Techstars, marking a significant achievement for Kiwi tech with its AI-driven business assistant for creatives.
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Shire Leasing launches new Tech Finance division for SMEs
Last week
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investment
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smes
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it infrastructure
Shire Leasing launches a technology finance division to help small and medium businesses access financial solutions for IT investments.
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STT GDC to invest USD $3.2 billion in India's digital growth
This month
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digital transformation
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hyperscale
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dc
STT GDC to invest USD $3.2 billion in India’s data centre expansion, tripling its IT load capacity over the next 5-6 years amid rising digital demand.
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Toshiba Australia reports modest growth for the year ending March 2024
This month
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investment
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financial results
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toshiba
Toshiba reports modest growth for the year ending March 2024, with steady revenue increases balancing rising operational costs and strategic investments.
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Aerospike sees 51% revenue boost in Q2 2024 with AI demand
This month
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paas
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iaas
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ai
Aerospike reports a 51% revenue surge in Q2 2024, fuelled by rising demand for scalable AI solutions and bolstered by a $114m investment.
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Moneybox partners with Aurum Solutions to automate reconciliations
This month
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digital transformation
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investment
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automation
Moneybox has partnered with Aurum Solutions to automate its reconciliation processes amid a 43% growth in assets.
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AI drives productivity with minimal job loss in New Zealand
This month
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ai
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callaghan innovation
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productivity
AI is boosting productivity with minimal job loss in New Zealand, reveals new research by AI Forum NZ, Victoria University, and Callaghan Innovation.
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Outsource Group partners with Palo Alto Networks in Ireland
This month
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firewalls
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it training
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advanced persistent threat protection
Outsource Group partners with Palo Alto Networks, becoming the exclusive Cortex MSSP in Ireland. The deal could yield millions, strengthening cyber security offerings.
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Arrow Electronics & Citrix announce strategic distribution deal
This month
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virtualisation
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citrix
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support
Arrow Electronics and Citrix have struck a strategic distribution deal to streamline Citrix license services across North America and EMEA, starting 1 October 2024.