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 […]
Legal AI tech startup Genie AI raises £13.3m
Genie AI, a London based startup developing an agentic AI legal editor has raised £13.3m in Series A funding led by GV (Google Ventures) and joined by Khosla Ventures. The company was founded by CEO Rafie Faruq and CTO Nitish Mutha back in 2017, with the aim of creating an AI legal editor that enables […]
LTG takeover discussions ongoing, General Atlantic deadline extended
Learning Technologies Group (LTG) has announced an extension to the deadline surrounding its proposed takeover by General Atlantic. The US private equity firm made a £1 per share offer for LTG at the end of September, valuing LTG at around $1bn (c.£792m), which the LTG board unanimously recommended to shareholders at the time. Back when […]
Financial Services growth boosts SS&C
SS&C Technologies, the provider of services and software to the financial services and healthcare sectors (and owner of RPA specialist Blue Prism), has published its latest quarterly results highlighting continued revenue growth and healthy profits. SS&C reported year to date revenue of $4.35bn for the nine months ended 30 September 2024, (an increase of 6.4% […]
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“Remarkable momentum” sees ServiceNow raise guidance again
Another above quarterly guidance performance in Q3 has led ServiceNow to increase its top line guidance for the third time this year. Total revenue in the three months ended 30th September was up 22% yoy at constant currency to $2,797m and subscription revenues rose by 22.5% to $2,715m. At the end of the period, the […]
Wipro UK lands Wealthtime transformation deal
Wipro’s improving fortunes in the big deals arena have received a further boost in the shape of an end-to-end platform services contract with Wealthtime, a leading UK finetch. The agreement sees Wipro partner with GBST, the customers technology partner for the last 15 years, in a joint co-delivery model to develop, deploy and manage a […]