Leidos partners with University of Edinburgh for AI innovation
Leidos has announced a partnership with the University of Edinburgh’s Bayes Centre (a multidisciplinary innovation hub for AI and data science, based in the university’s College of Science and Engineering) to advance AI and solutions in the areas of climate science, healthcare, national security, and civil projects. The collaboration will also focus on generating positive […]
Cogna raises $15m for AI-powered software factory
AI-powered software development startup Cogna has raised $15m in Series A funding for its platform which is using AI to automate the IT consultancy and software development process. Led by CEO Ben Peters, Cogna provides an AI-powered platform that enables non-technical teams to describe the pain points within their operating models and generate software solutions. […]
Aquis recommends £200m SIX takeover
Aquis, the innovative financial markets specialist that incorporates software and technology vendor, Aquis Technologies, is set to be acquired by Swiss exchange group SIX in a deal that values the company at a round £200m. SIX has agreed to acquire the entire ordinary share capital of Aquis at a price of 727p per share, representing a […]
TPXimpact: Autumn Budget (and a big win) brings new confidence
TPXimpact, the self-styled “technology-enabled services company focused on people-powered digital transformation”, has taken heart from Chancellor Rachel Reeves 30th October budget. In today’s trading update, the company has confirmed that its H1 25 trading to end September) was in line with the update issued in early September (see TPXimpact business challenged by ‘Rachel Reeves effect’ […]
The Access Group expands APAC operations
The Access Group has expanded its international footprint with the official opening of its Global Operations Centre (GOC) in Kuala Lumpur, Malaysia. The GOC opened with 417 employees, but management expects that will exceed 1,000 roles by 2027. The opening of this new centre will be key to The Access Group’s expansion in the Asia-Pacific […]
Temenos launches new strategic growth plan
Leading banking software vendor, Temenos, has announced a new strategic and operational plan to drive growth alongside new FY28 targets. At a headline level, Temenos’ new growth targets (to be achieved by end of FY28) are: Annual Recurring Revenue (ARR) to exceed $1.3bn, Non-IFRS EBIT to reach $500m, and Free cash flow to reach $420m. […]
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*NEW RESEARCH* Google Cloud: Products and progress at the new frontier for AI
TechMarketView sat down with some of Google Cloud’s execs and customers at the company’s annual Summit in London last month. In the main sessions across the two-day event, Google was keen to stress both its enterprise credentials as a cloud infrastructure player, and also excite the crowd as to new developments in its GenAI portfolio; […]
Kainos still confident of better times ahead
Seven days ago Kainos issued a trading update which sought to temper market expectations for the firm’s FY25 performance (see here). This morning saw the publication of the Belfast HQ’d company’s interim results which reported that revenue decreased yoy by 5% to £183.1m for the six months ended 30th September. Kainos also reaffirmed that the softer […]
Fortinet Q3 gains driven by services growth
California HQ’ed cybersecurity supplier Fortinet reported total revenues for Q3 grew 13% to $1.5bn, driven by 19% service revenue growth, with product revenues returning to growth as the impact of backlogs reduced. Service revenue growth was driven by SaaS solutions, including 50% services growth in SecOps and 27% services growth in Unified SASE. SSE and […]