CFOtech India - Technology news for CFOs & financial decision-makers

Latest news - Page 32

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$400b loss for 2,000 firms after 'unavoidable' cyber attacks
Wed, 12th Jun 2024
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ransomware
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genai
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ai
Thousands of global firms face a staggering annual loss of USD $400 billion due to unplanned downtime, revealed in a Splunk report.
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Exclusive: DigiCert's CEO emphasises quantum readiness
Wed, 12th Jun 2024
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fintech
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quantum computing
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genai
DigiCert CEO Amit Sinha emphasised digital trust’s pivotal role in cybersecurity, stressing the need for quantum readiness and AI advancements.
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Technology leaders prioritise AI despite challenges ahead - IDC
Tue, 11th Jun 2024
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digital transformation
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ai
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cloud services
Despite challenges, global tech leaders are prioritising AI to drive growth, with 81% expecting moderate to high growth and 42% prioritising AI investments.
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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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genai
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llms
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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Slack launches new task management tool named lists for users
Tue, 11th Jun 2024
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devops
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martech
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apm
Slack has unveiled lists, a new project and task management tool for its paid customers, aimed at centralising and streamlining team workflows.
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NVIDIA to build AI factories and data centres for the next industrial revolution
Tue, 11th Jun 2024
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network infrastructure
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genai
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ai
NVIDIA and top computer manufacturers unveil Blackwell-powered AI systems, sparking the next industrial revolution.
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97% of cyber security teams using AI tools, says report
Tue, 11th Jun 2024
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advanced persistent threat protection
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genai
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ai
A new Check Point Software report reveals over 97% of security teams are using AI tools, enhancing response rates and reducing data loss amid a critical skills gap.
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Salesforce Misses Analysts’ Revenue Forecasts for Q1 Fiscal 2025
Sat, 8th Jun 2024
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crm
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martech
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cdp
Salesforce posted an 11% rise in Q1 FY25 revenue to USD $9.13 billion but missed analysts’ forecasts. Strong cash flow and margins highlight financial gains.
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SAP to acquire WalkMe for USD $1.5 billion in all-cash deal
Fri, 7th Jun 2024
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rpa
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ai
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ai agents
SAP is set to acquire WalkMe for USD $1.5 billion in an all-cash deal, enhancing its business transformation toolkit and boosting AI capabilities.
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Westcon-Comstor names Callum McGregor as COO & CFO
Fri, 7th Jun 2024
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data analytics
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dei
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cybersecurity
Westcon-Comstor promotes Callum McGregor to COO and CFO roles, reflecting a strategic move to drive growth and innovation in IT, supply chain, and ESG globally.
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Altia unveils Altia HQ to revolutionise investigative tech
Fri, 7th Jun 2024
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cloud services
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law enforcement
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clio
Altia has launched Altia HQ, a revolutionary cloud native platform designed to streamline crime-solving by integrating all investigation tools into one hub, saving time and enhancing efficiency.
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FinOps gains traction as cloud costs rise, says esynergy
Fri, 7th Jun 2024
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multi-cloud
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apm
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genai
As cloud expenses soar, a new esynergy report underscores the rising role of FinOps, with 74% of organisations striving to optimise costs.
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Survey reveals gaps in IT security training across firms
Fri, 7th Jun 2024
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advanced persistent threat protection
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cybersecurity
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cyber threats
A survey by Hornetsecurity shows 26% of organisations lack IT security training, urging better preparedness against rising AI-driven cyber threats.
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IriusRisk reports 51 percent revenue rise from AI expansion
Fri, 7th Jun 2024
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cx
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martech
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advanced persistent threat protection
IriusRisk sees ARR soar by 51% in 2023, driven by AI-driven threat modelling solutions, strategic hires, and a strong focus on customer success.
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Bank partners with Newgen Software to digitise onboarding
Fri, 7th Jun 2024
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fintech
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cx
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martech
Centennial Bank partners with Newgen Software to digitise onboarding, enhancing customer experience with a streamlined, low-code automation solution.
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Organisations prioritise SaaS security, increase budgets amid cuts
Fri, 7th Jun 2024
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saas
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cloud security
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cybersecurity
In 2025, 70% of organisations prioritise SaaS security, forming dedicated teams despite economic pressures, reveals CSA and Adaptive Shield survey.
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Workhuman reveals new Admin Hub features to boost programme management
Fri, 7th Jun 2024
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devops
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hcm
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apm
Workhuman introduces advanced features to its Admin Hub to enhance programme management, offering improved reporting, data accessibility, and customisation for HR leaders.
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Cisco & Splunk reveal unified observability partnership
Fri, 7th Jun 2024
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siem
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multi-cloud
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genai
Cisco has unveiled a major collaboration with Splunk at Cisco Live, introducing advanced unified observability solutions aimed at enhancing digital experiences and security for enterprises.
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Quantexa reports 40% growth in ARR, aims for GBP £80m in 2024
Fri, 7th Jun 2024
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uc
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microsoft
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telco
Quantexa reports a 40% surge in Decision Intelligence ARR, projecting GBP £80 million by 2024, driven by expanding markets and strategic partnerships.
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Snowflake unveils new AI innovations at Summit 2024
Fri, 7th Jun 2024
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data analytics
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martech
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cdp
Snowflake unveils groundbreaking updates to its Cortex AI platform at Snowflake Summit 2024, aiming to make enterprise AI more accessible, efficient, and secure.