NexGen Cloud’s $1bn AI supercloud to turbocharge AI in Europe

Europe

NexGen Cloud, a sustainable Infrastructure-as-a-Service provider, announced plans and funding for one of Europe’s first AI Supercloud deployments to support the development and growth of AI enterprises.

UK-based NexGen Cloud, an Elite member of the NVIDIA Partner Network, plans to invest $1 billion to build its AI Supercloud in Europe, with $576 million already committed in hardware orders with suppliers. The AI Supercloud will provide a dedicated compute-intensive platform for...

10 October 2023 | Banking & Finance

Global cloud comms revenue to grow at 18.3% CAGR over 2022-2027

Cloud communications is expected to witness a substantial growth over the next five years, as businesses are switching from legacy PBX solutions to cloud communications and opting for a pay-as-you-go model to optimise expenses and avoiding upfront investments.

Against this backdrop, the cloud communications market size is anticipated to grow at a compound annual growth rate of 18.3% from $78 billion in 2022 to $180.7 billion in 2027, forecasts GlobalData, a data and analytics...

9 October 2023 | Banking & Finance

Friction between finance and tech leaders prevents companies from controlling cloud spend

Vertice, an optimisation platform for SaaS and cloud spend, has unveiled the results of its global survey, 'The State of Cloud Cost Optimisation', which reveals that organisations are being held back from controlling their cloud spending and gaining ROI because of a lack of alignment between finance and tech leaders.

Amidst cloud costs rising by an average of 35% year on year, Vertice surveyed 600 senior finance and tech leaders in the US and UK and found that cutting cloud...

21 September 2023 | Applications

Kyndryl signs agreement with HMRC to modernise critical tax infrastructure for UK citizens

Kyndryl, an IT infrastructure services provider, has partnered with HMRC through to end of September 2024.

Drawing on Kyndryl’s position in managed services, the deal will see Kyndryl continue to manage a proportion of HMRC’s (His Majesty’s Revenue and Customs) mainframe services while Kyndryl Consult will undertake discovery work to prepare for cloud migration and modernisation. Building on an existing relationship, Kyndryl will now continue to accelerate the...

11 September 2023 | Banking & Finance

How to get digital workspace implementation right as hybrid work proliferates

Hybrid work is here to stay. The Survey of Business Uncertainty, run by the Atlanta Federal Reserve Bank, the University of Chicago and Stanford and which polls 500 US businesses each month, recently found that executives expect the number of hybrid workers in their firms to increase, as well as fully remote workers, between now and 2028.

The immediate disruption caused by the Covid-19 pandemic meant organisations had to improvise. Remote working infrastructure was built; policies...

4 September 2023 | Cloud Computing

Full ‘stream’ ahead for Scottish Water smart monitoring roll-out

An intelligent monitoring system has been successfully introduced by Scottish Water across rural locations in the Highlands and Islands, using Internet of Things (IoT) technology to gather essential data that helps keep the water network in Scotland safe.

Using a device developed by CENSIS for M2M Cloud – Scotland’s innovation centre for sensing, imaging, and IoT technologies – Scottish Water can now automatically collect information on the temperature and flow of water in...

31 July 2023 | Data & Analytics

71% of employees want to work a hybrid or remote schedule of their choice

A women working at home with a cat next to her.

Ivanti, the provider of the Ivanti Neurons automation platform that discovers, manages, secures, and services IT assets from cloud to edge, has revealed the results of its 2023 Report: Elevating the Future of Everywhere Work.

Ivanti collaborated with ‘Future of Work’ experts and surveyed 8,400 office workers, IT professionals and C-level executives across the globe to understand attitudes, expectations and challenges facing future-looking organizations and their employees....

21 June 2023 | Cloud Computing

IT and security pros face increased workload due to hybrid/virtual work adoption

A woman sitting on a bed, using a laptop, with a dog sleeping beside her.

Ivanti, the provider of the Ivanti Neurons automation platform that discovers, manages, secures, and services IT assets from cloud to edge, has announced the results of its 2023 Report: Elevating the Future of Everywhere Work.

Ivanti collaborated with ‘Future of Work’ experts and surveyed 8,400 office workers, IT professionals and C-level executives across the globe to understand attitudes, expectations and challenges facing future-looking organisations and their employees....

9 May 2023 | Cloud Computing

Just 18% of workers say hybrid working tech substantially improves productivity

A women working at home with a cat next to her.

New research from Doherty Associates, the leading IT consultancy and services provider, has found that over three-quarters (77%) of workers state their company has introduced new technology to support hybrid working. However, the research found it has not had the desired effect on productivity, with only 18% stating the tools have substantially improved productivity.  

The research, which gained insights from 889 employees working in the UK Capital Markets and Legal...

24 April 2023 | Cloud Computing

Business leaders feel employees are more or equally productive while working remotely

A woman sitting on a bed, using a laptop, with a dog sleeping beside her.

Recently published data by the Office for National Statistics (ONS) claims that the UK is in a productivity crisis, lagging behind many other G7 nations in workforce output.

But the majority (85%) of business leaders do not feel that remote and hybrid working is a cause for this, according to new research of more than 500 business leaders from Okta. 

More than half (61%) state that their employees are more productive while working remotely, a quarter (24%) say that...

23 January 2023 | Digital Transformation