Europe (European) stories - Page 54

DoiT has unveiled a USD $250 million fund to propel AI-driven automation in cloud operations, enhancing efficiency as businesses migrate to the public cloud.

Calastone has revealed that tokenisation could save the asset management sector over USD $135 billion, significantly enhancing efficiency in fund operations.

The Trusted Connectivity Alliance reports eSIM shipments surpassed 503 million in 2024, marking a 35% rise, driven by strong consumer demand and new devices.

Group-IB's new report reveals a 58% rise in Advanced Persistent Threats, with Europe facing the brunt amid escalating geopolitical tensions.

Telehouse Thailand, HGC Global Communications, and AMS-IX have launched a new transmission infrastructure to enhance connectivity between Bangkok and London.

January witnessed an unprecedented rise in ransomware attacks, surging to 590 incidents, as NCC Group warns of escalating cyber threats amid global instability.

Versa has launched Sovereign SASE, enabling enterprises to customise networking and security services from their own infrastructure, catering to evolving data privacy needs.

A survey reveals organisations spend 49% of cloud storage bills on fees like data access, hindering business and causing budget overruns in 2024.

Goldman Sachs is at the forefront of an AI revolution in banking, with a new report revealing 167 AI applications across global banks, shifting industry norms.

Over half of European firms exceed cloud storage budgets due to complex fees, causing IT project delays despite strong cloud-first adoption across the region.

A survey by eflow Global reveals 64% of finance executives see technology-driven risks, especially AI, as key compliance challenges for 2024.

The 2025 VivaTech Confidence Barometer shows high optimism among American and UK business leaders regarding technology, with 87% confident in its potential.

Vespia has partnered with Mastercard to enhance merchant onboarding across multiple regions, aiming to streamline processes and cut onboarding times by up to 90%.

Lexsoft Systems has launched a integration of its T3 legal knowledge management solution with ethical walls applications for enhanced document security.

Gallagher Security has introduced a Channel Partner webinar programme in the UK and Europe, offering certified partners essential security design training.

Monta has appointed James Eyton as Chief Financial Officer to enhance its executive team, aiming for significant growth across Europe and North America.

Synergy Flow Consult is shaking up the iPaaS market with vendor-agnostic, cost-effective solutions designed for businesses of all sizes.

Forrester forecasts global technology spending will surge to USD $4.9 trillion by 2025, driven by advancements in software, AI, and cloud tech.

Fortra's newly released 2025 cybersecurity survey reveals evolving threats, with 83% of professionals citing phishing as their top concern, alongside rising worries over AI.

Westcon-Comstor has strengthened its Comstor division by appointing Stéphane Reboud as Senior Vice President and Steven Heinsius as Vice President for EMEA.