PebblePad attracts private equity investment for US growth
Telford-based learning journey platform provider PebblePad has announced investment from UK-based private equity firm NorthEdge. The amount was not disclosed, though NorthEdge is on record as stating that their typical investments tend to range between £2m and £50m. Founded in 2004 by University of Wolverhampton Principal Lecturer Shane Sutherland (now the company’s CEO) and Network […]
NTT Data deepens partnership with Palo Alto Networks
NTT Data is the latest tech supplier to announce an expanded partnership with Cybersecurity leader Palo Alto Networks (PAN), as it seeks to help enterprises strengthen their cyber resilience by leveraging innovative technologies and threat intelligence. The collaboration introduces NTT DATA’s Managed Extended Detection Response Service (MXDR), offering continuous threat monitoring, detection and rapid response […]
AXA launches cyber insurance for GenAI risks
AXA XL (the P&C Insurance and specialty risk division of AXA) has launched cyber insurance coverage that protects businesses developing their own Generative AI (Gen AI) models. With many organisations rapidly adopting and building GenAI models to boost productivity, there is a growing concern around the security of internal and proprietary data being fed into […]
*NEW RESEARCH* UK Education Suppliers, Trends & Forecasts 2024
EY UK Consulting down by 4%
Following two years of accelerated growth, during which its consulting revenue surged up by almost three fifths, EY UK saw its turnover from this practice shrink by 4% yoy in the twelve months ended 30th June. A reduction in the number of large transformation projects was cited as the primary cause of the downturn. Overall […]
Capgemini gives Engineering and R&D a GenAI makeover
Capgemini has unveiled a new suite of GenAI-infused “augmented engineering” propositions aimed at the Engineering and R&D (ER&D) services arena. It is a market in which the company has built a strong position following the acquisition of Altran in 2020. The launch is the latest addition to the firm’s portfolio of four generative AI-centric offerings […]
UK below Computacenter’s expectation for Q3
A trading update from Computacenter for the three months to the end of September 2024 shows the Group to be “broadly in line with last year”. During the quarter, the Technology Sourcing business (product resale) got off to a strong start, but September volumes came in “below our expectations”, according to the firm. More cautious […]
Microsoft reshuffles UK/EMEA leadership
Microsoft has announced current UK CEO Clare Barclay is stepping down to become Microsoft’s President, enterprise and industry, EMEA, with Darren Hardman taking the top role as new Microsoft UK CEO from November. Barclay took the UK helm back in 2020, having previously been COO at Microsoft UK since 2017. During her tenure Barclay has […]
TCS and NVIDIA deepen alliance for tailored industry AI
TCS is planning to bring more tailored offerings to its customers through an expansion of its existing relationship with NVIDIA. The pair have been partnering for five years and this deepening of their relationship is to support TCS as it helps more customers to scale their use of AI. TCS vertical experts have worked with […]
Nvidia stacks up for the offshore heavyweights
Over the last twenty-four hours, five of the six offshore-centric majors have announced new initiatives focused on the full NVIDIA AI stack. TCS, Cognizant, Wipro, Tech Mahindra and Infosys all unveiled expanded collaborations with the chip giant at the AI Summit in Mumbai, which has taken place over the last three days. TCS has launched a […]