Industry news

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  • 23 Feb 2024 2:26 PM | Shivani Kaura (Administrator)

    When asked what was driving ESG within their businesses, more than half - 56% - of IT leaders cited a simple motivation to do the right thing. Admittedly, 32% had an eye on cost savings (which certainly ties in with a strategy of reducing waste), while matching up to industry best practice was the third most popular driver.

    This suggests that industry standards matter, and are an effective way of encouraging individual organisations to raise the bar.

    Read the full article on Computing here.

  • 13 Feb 2024 3:11 PM | Shivani Kaura (Administrator)

    London-HQ’d algorithmic underwriting insurtech, Artificial Labs has secured a further £8m in Series A+ funding. The round was led by Augmentum Fintech, with participation from existing investors MS&AD Ventures and FOMCAP IV. This latest investment brings the total raised to date by the company to over £20m. The additional monies will be used to support both product development and continued expansion.

    Founded in 2013, Artificial Labs has built a platform which uses cloud-based tools and machine learning techniques to facilitate fully automated, algorithmic underwriting.

    Read the full article on TechMarketView here.

  • 13 Feb 2024 3:06 PM | Shivani Kaura (Administrator)

    The Department for Science, Innovation and Technology (DSIT) has published a new ‘Introduction to AI assurance’ report, the first in a series of guidance to help organisations upskill on topics around AI assurance and governance, and build trust in deploying AI systems.

    The document focuses on the underlying concepts of AI assurance, and aims to provide an accessible introduction to both assurance mechanisms and global technical standards, to help industry and regulators better understand how to build and deploy responsible AI systems.

    Read the full article on TechMarketView here.

  • 12 Feb 2024 11:45 AM | Shivani Kaura (Administrator)

    Major financial services company JPMorgan Chase & Co is increasing diversity across its supply chain through a bespoke programme of initiatives.

    The company’s Global Supplier Diversity programme promotes equity and inclusion across its value chain, facilitating the growth and development of businesses it helps.

    “Building strong relationships is the cornerstone of our success,” the company says. “We place particular value in our supplier partnerships. It is thanks to the help of a diverse range of suppliers and advisors that we we are able to serve our clients, shareholders, communities and employees more efficiently.”

    Read the full article on Supply Chain Digital here.

  • 9 Feb 2024 9:27 AM | Shivani Kaura (Administrator)

    Banking giant, HSBC has formed a new strategic partnership with Google Cloud focused on supporting climate technology innovation. In 2022 Google Cloud launched Google Cloud Ready (GCR) - Sustainability designed to vet the validity of organisations in the climate/carbon reduction sector. Meanwhile, HSBC has made a commitment to deploy $1bn of finance to support climate technology.

    The new collaboration will see the bank provide financing for companies wanting to participate in the GCR Sustainability programme.

    Read the full article on TechMarketView here.

  • 18 Jan 2024 9:20 AM | Shivani Kaura (Administrator)

    The Post Office inquiry heard from two former Fujitsu staffers yesterday

    A software developer at Fujitsu who raised the issue of bugs within the Horizon software that the Post Office rolled out from the late 1990's has told the inquiry into the Post Office scandal that the company did not fix the bugs because it was too expensive and too time consuming. It isn't the first time the inquiry has been made aware of damaging decisions being made due to worries about cost.

    Read the full article on Computing here.

  • 18 Dec 2023 3:36 PM | Shivani Kaura (Administrator)

    Accenture has bought London-based Redkite Data Intelligence Limited. The purchase complements that made nearly two years ago by the firm of UK cloud and digital transformation consultancy Infinity Works. The acquisition sees 230 professionals join Accenture’s Data & AI practice in this country. Terms of the deal have not been disclosed.

    Founded in 2018, Redkite’s capabilities range from data strategy development to architecting and implementing modern data platforms.

    Read the full article on TechMarketView here.

  • 5 Dec 2023 12:13 PM | Shivani Kaura (Administrator)

    Supply Wisdom, the market’s only full-stack, real-time risk intelligence SaaS platform powered by AI, today announced that enterprise software executive Tom Thimot has been appointed Chief Executive Officer. Atul Vashistha, Founder, Chairman, and former CEO of Supply Wisdom, will remain as Chairperson of the Board.

    Supply Wisdom’s full-stack AI-based SaaS platform turns open-source data into risk intelligence and is the market’s only software to cover all major risk domains in real-time: financial, cyber, operational, ESG, compliance, Nth party, and location-based risk.

    Read the full article on SupplyWisdom here.


  • 27 Nov 2023 9:21 AM | Shivani Kaura (Administrator)

    Atos has announced a three-year strategic partnership with World Wide Fund for Nature (WWF) to leverage technology and expertise in pursuit of twin sustainability goals: supporting biodiversity conservation, and helping companies decarbonise their operations.

    Four main initiatives have been announced. The first sees Atos developing “responsible IT solutions” for WWF and its partners, spread across three projects: combining AI and geospatial imagery to automate biodiversity surveillance; developing a machine learning algorithm that focus on hotspots for the emergence of zoonoses (diseases that jump the species barrier); and improving existing spatial monitoring and reporting tools already widely used by 50,000 WWF agents in wildlife and ecosystem conservation projects across 80 countries.

    Read the full article on TechMarketView here.

  • 21 Nov 2023 10:16 AM | Shivani Kaura (Administrator)

    CGI has announced two strategic partnerships today, in the fields of healthcare and education.

    Firstly, a tie-up with specialist Field Service Management software provider Totalmobile, designed to “reshape how health and care services are delivered” across the latter’s UK client bases, in an era of growing demand for services that often exceed staff capacity; and secondly, with Edinburgh Naper University, to bring the latter’s research capabilities to areas such as “improving health and security outcomes for society” by leveraging CGI’s own IT and business advisory services expertise.

    On the education front, the Edinburgh Napier partnership sees the university sign up to CGI’s Sustainability Exploration and Environmental Data Science (SEEDS) programme.

    Read the full article on TechMarketView here.


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