*UKHotViewsExtra* NECSWS + SSS: Integration and Innovation
Just over a year ago, NEC Software Solutions UK (NECSWS) completed the acquisition of Capita’s SSS Public Safety business (see NEC Software Solutions UK completes acquisition of SSS Public Safety), a deal that strengthened the company’s public safety business significantly. NECSWS and SSS are now operating as a single entity, but getting to this point […]
Amazon doubles down on Anthropic investment
Amazon has announced that it will invest a further $4bn into LLM provider Anthropic, as the e-commerce provider and hyperscaler aims to keep pace with Microsoft and Google. This will bring the total to c.$8bn following the first funding round last year (See – Amazon to invest up to $4bn in Anthropic), which included a […]
Lighthouse lands $370m funding boost
Lighthouse, a London-HQ’d travel and hospitality industry data and analytics platform provider, has secured fresh investment of $370m through a Series C funding round led KKR. The new money will be used to both drive continued product innovation and support global expansion efforts, including strategic acquisitions. This latest cash injection builds on the $80M raised by […]
Regulators reveal rapid growth of AI in UK Financial Services
The Bank of England and the Financial Conduct Authority (FCA) have released the findings of their latest joint research into the use of artificial intelligence (AI) and machine learning within UK Financial Services. This was the third such survey conducted by the regulators in recent years and builds on the findings of previous research in […]
*NEW RESEARCH* UK Financial Markets SITS Trends and Forecasts
A broad-based technology refresh is underway across UK Financial Markets with much of the focus of investment having shifted from “running the business” to “changing the business”. This is especially true within capital markets where AI, machine learning, proprietary algorithms, and automation are all increasingly influencing IT decision making. However, following a period of strong […]
*NEW RESEARCH* Google Cloud: Products and progress at the new frontier for AI
Focus Group makes 12th acquisition in 2024
Brighton-based Focus Group has continued its spending spree with the acquisition of Cheshire-based Prism. Founded in 2003 by Ralph Gilbert and Chris Goodman in Brighton & Hove, UK, Focus Group provides digital workplace solutions to around 30,000 SME customers. This week, the firm announced its acquisition of Prism, a Managed Service Provider (MSP), founded in […]
Civo partners with Deep Green for sustainable UK data centre
UK-based cloud provider Civo has launched its second UK cloud region, LON2, in partnership with sustainability-focused data centre provider Deep Green. Deep Green builds data centres at sites where the heat produced can be recaptured and put to use locally (such as heating swimming pools and leisure centres). Its data centres range in size from […]
HSBC poaches Turner from Citi to lead Innovation unit
HSBC UK Bank plc has recruited Emily Turner, from Citi to be the new CEO of its Innovation unit (HSBC Innovation Banking UK). Turner (pictured) established Citi Ventures UK approximately 10 years ago and in the intervening period successfully developed the unit into one of the UK’s leading fintech investment channels. Turner also led Citi’s […]
Deloitte trims consulting headcount again
One month on from axing 250 staff from its advisory units, Deloitte UK is set to cut a further 180 personnel from its payroll. The job losses will fall in the firm’s strategy, risk & transactions and technology & transformation divisions. The latest redundancy round brings the total number of layoffs announced by the Big 4 […]