Relx: Data firm reports £1.5bn profit thanks to AI boost July 25, 2024 Data and analytics group Relx continued to push up revenue as profit reached over £1.5bn thanks to demand for analytics underpinned by AI.
Hewlett-Packard: Cost cutting boosts HP profit but UK sales slip further away from £1bn mark July 24, 2024 Revenue at the UK arm of Hewlett-Packard (HP) slipped further away from the £1bn mark during its latest financial year while a range of cost reduction measures boosted its profit.
IBM: AI demand boosts UK profit by more than £100m July 23, 2024 Demand for IBM's AI and hybrid cloud services helped profit at its UK arm surge by more than £100m in 2023, it has been revealed.
IQE: ‘Growth ahead’ says boss of Cardiff semiconductor firm as sales expected to jump July 23, 2024 The Cardiff-headquartered company said it expects revenue to be at least £65m in the first six months of the year.
‘More capable and lethal’: British soldiers test new body-worn tech with lasers in security offensive July 22, 2024 The 'digitally connected soldiers' were able to think faster, "increasing the tempo of a battle", and make better decisions in combat.
Banking on cross-border payments: Q&A with Radha Suvarna, CPO, Payments July 22, 2024 | Sponsored Q1. What is driving growth in cross-border payments? Cross-border payments are at the heart of the global economy, enabling businesses to serve customers wherever they are based in the world. Such transactions are estimated by the Bank of England to reach a value of over $250trn by 2027. Growth in high volume, low value payments [...]
‘The race is on!’: British aerospace firm Orbex ready for liftoff after opening London office July 22, 2024 Demand for satellites is rapidly increasing, with a shift from a few stationary ones to thousands in low Earth orbit, where much higher speed communication is possible
Considerations for Building a Secure and Resilient Bacs Payments Process July 22, 2024 | Sponsored In part one of this two-part series, learn how to mitigate threats and unlock automation to increase business stability and resilience By Liz Carroll, Senior Product Manager, Financial Marketplaces at Finastra Operational resilience is the lifeline that keeps businesses thriving through unforeseen disruption, with automation being a key component of a threat mitigation strategy for [...]
Ofcom fines BT for being ‘ill-prepared’ on fault which stopped 14,000 calls to 999 July 22, 2024 The watchdog found that the UK's largest telecoms company lacked the ability to deal with the level of demand "reasonably expected".
More flight cancellations and delays expected in wake of global IT outage July 20, 2024 A flawed update rolled out by cybersecurity firm CrowdStrike knocked many offline around the world on Friday, causing flight and train cancellations and crippling some healthcare systems.