Forterro reports ERP downtime costing UK £41K+ every day
A new study by software provider Forterro has highlighted the significant financial impact of ERP system downtime on UK mid-market manufacturers. The research revealed that, on average, these businesses could lose a staggering £41,888.30 per day when their ERP systems are offline. The study also underscored the potential for widespread disruption, with 53% of respondents […]
AI founder named as one of UK’s ‘most ambitious’ bosses
Yomi Tejumola, the London-based founder of a rapidly growing AI company, has been named one of the “most ambitious” bosses in the UK. He established Algomarketing in 2017 while working as a data scientist at Google to automate “mundane” tasks and transform the workforce into what he calls a new era of ‘evolved workers.’. The […]
Blecon secures £3.5M to revolutionise bluetooth IoT connectivity
Tech startup Blecon has announced a significant £3.5 million seed funding round, led by renowned London-based venture capital firm MMC Ventures. The investment will fuel the company’s mission to transform the Internet of Things (IoT) landscape by harnessing the power of Bluetooth Low Energy (BLE). Founded by a team of industry veterans with experience at […]
Surge in cloud services demand boosts Netcall’s profits
The Bedford-based digital services group Netcall has seen a revenue increase this fiscal year, attributed largely to the growing demand for cloud services. The company, listed on the London stock exchange, reported a revenue of £39.1 million for the year ending June 2024, which is a 9% increase from the previous year. Notably, revenue from […]
Darktrace Co-Founder appointed as new Investment Minister
Poppy Gustafsson, co-founder of cybersecurity tech firm Darktrace, has been appointed as the UK government’s new investment minister. Gustafsson, who recently stepped down as chief executive of Darktrace following its sale to a US private equity firm, will take on the role of minister at the Treasury and the Department of Business and Trade. She […]
Wimbledon to break tradition and adopt AI for line calls
Wimbledon is set to do away with line judges in favour of replacing them with automated technology at next year’s championships – using AI to make out and call faults, eliminating the need for referees. The AI technology has already been used by Wimbledon to indicate whether serves have been served or not, but this […]
Advania UK makes landmark acquisition of CCS Media
Advania UK, a London-based Microsoft partner, has announced the acquisition of CCS Media, a renowned independent IT solution specialist with over 41 years of experience. This strategic move strengthens Advania UK’s position as a preferred end-to-end IT services provider in the UK and Northern Europe. CCS Media brings a wealth of experience in delivering IT […]
London’s electric bus fleet to expand significantly
London has passed a major public transport milestone with now more than 1000 zero-emission buses on the streets of the UK capital city. That means that more than one in nine of the capital’s red buses have now gone green. While its zero-emission bus fleet is already setting the standard for others to follow, London […]
Government launches UK Cyber Team competition to find top young talent
The UK government has launched a new cybersecurity competition in partnership with the SANS Institute aimed at identifying and nurturing young talent in the sector. The UK Cyber Team Competition is open to individuals aged 18 to 25 from across the United Kingdom and will offer young people the chance to start a career in […]
Launch of the regulatory innovation office to speed up technology access
The Regulatory Innovation Office (RIO) has been launched by the UK’s Department for Science, Innovation and Technology. This new entity is tasked with reducing the regulatory hurdles often associated with new technologies, thereby facilitating quicker public access to innovations ranging from AI in healthcare to emergency delivery drones. The newly formed RIO is not just […]