A new survey has revealed that IT managers feel the industry needs more IT investment.
Couchbase’s seventh annual survey of global IT leaders found 98 per cent of enterprises have delineated specific GenAI objectives for 2024, yet 59 per cent acknowledge the necessity for substantial investment in data management, and 54 per cent concede the absence of a comprehensive GenAI-suited data strategy. more»
Security outfit Dynatrace says there is a pressing necessity for channel partners to furnish solutions that bolster security teams’ communication with C-suite and mitigate cyber risk
In its annual global CISO survey entitled State of C-level engagement in application security 2024, Dynatrace said that such steps will mitigate cyber risk. more»
Air IT has written a cheque for Scottish Microsoft cloud and communications expert SoConnect.
Air IT CEO James Steventon said the move would increase Air IT’s workforce to 570 employees and enhance its capabilities in the Microsoft cloud domain. At the same time, SoConnect will benefit from bolstered cyber expertise. more»
Cloudy outfit Pax8 has today announced the appointment of Scott Chasin as its new Chief Executive Officer.
Chasin, who has been instrumental in shaping the company’s technological direction as Chief Technology Officer since 2021, is set to take the helm, steering the operational and strategic course for Pax8’s pioneering marketplace technology. more»
Global technology provider and specialist distributor Westcon-Comstor claims all of its electricity requirements in the UK are now being supplied by renewable sources.
The company’s locations in Bracknell, Cirencester, and Swindon are entirely powered by renewable electricity, positioning the UK as the first nation where it has achieved this landmark. more»
Thoma Bravo has finalised the purchase of Darktrace for $5.32 billion (£4.25 billion).
This transaction translates to approximately $7.75 (£6.20) for each share, marking a 44% increase over the company’s average share value during the preceding three months. When Darktrace first appeared on the London Stock Exchange in 2021, its shares were priced at £2.50. more»
French tech seller Atos had a rough start to the year, with its cash flow taking a hit in several big departments. Eviden saw a 3.9 per cent dip, and Tech Foundations wasn’t far behind with a 1.5 per cent drop. more»
TD SYNNEX is building a new AI community to foster idea exchange, build partnerships, and create innovative solutions using the tech.
The TD SYNNEX AI industry ecosystem was inaugurated at IBM’s London premises to unite ISVs, innovators, partners, vendors, and industry representatives. more»
Rubrik completed its initial public offering, becoming the first cybersecurity vendor to go public in two years.
The offering was met with demand from investors, and the data security firm priced its IPO shares at £25.60 each. That’s above the previously anticipated range of £22.40 and £24.80 per share. more»
Last night’s announcement that Microsoft made $26.7 billion from its cloud business and increased its profits by 21 per cent was bad news for other providers, according to Civo CEO Mark Boost.
For those not in the know, Vole reported some outstanding results after the bell last night, and among its good news was that its Server products and cloud services revenue increased 24 per cent, driven by Azure and other cloud services revenue growth of 31 per cent. more»