Cloud Computing Retail and Consumer News

40%+ of firms lose revenue from technology downtime and cloud complexity

55% of enterprises are struggling to derive meaningful insights from their data, highlighting an industry-wide need to deliver technology faster, more reliably and in more places, according to a survey by Hitachi Vantara, the modern infrastructure, data management and digital solutions subsidiary of Hitachi.

The survey revealed ongoing challenges related to security, inflexible systems, isolated data, a skilled labor shortage, and the need for infrastructure agility. These...

24 October 2023 | Banking & Finance

UK startups wasting over two weeks per year – costing the UK an estimated £37bn in GDP

UK startups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance – according to new research.

The study, conducted by Beasy, which surveyed 500 business owners employing between 1-9 people, found that startup founders are spending an average of 5.5 hours per week choosing and managing the business services they need to run their company – equating to a...

23 October 2023 | Banking & Finance

Avanade launches cloud insights platform that identifies risks and unlocks cloud spend

Microsoft solution provider Avanade has launched a platform to help businesses establish an AI-ready digital core and unlock funding to reinvest in innovation.

'Avanade Cloud Impact' is a data platform that uses the latest in AI and machine learning to integrate and analyse industry, business and technical data sources and generate rich, tailored modernisation for companies in their cloud journey. The platform is already saving Avanade clients up to 50% of their cloud spend and...

11 October 2023 | Banking & Finance

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

Mainframe modernisation driving $12bn+ cost savings for businesses

Kyndryl, an IT infrastructure services provider, has unveiled the findings of its inaugural global survey and analysis of the current and future state of mainframe modernisation for businesses.

The survey among 500 business and IT leaders finds that most organisations are taking a hybrid approach to mainframe modernisation and collectively achieve $12.5B in cost savings.

In today´s competitive and fast-changing business...

18 September 2023 | Banking & Finance

Why Lenovo’s XaaS play is gaining strength: Keys for digital transformation success

Lenovo is betting on ‘everything-as-a-service’ (XaaS) to help organisations navigate their digital transformation journeys – and the stars now appear to be aligning to an end-to-end landscape.

The value proposition is straightforward: one provider to plan, procure and manage a customer’s IT environment from a single source, offering full maintenance, support and management, real-time insights, and constant ROI through a cloud-like consumption model. Under the...

7 September 2023 | Digital Transformation

Virgin Media and Amdocs’ Vubiquity expand collaboration in UK

Amdocs, a provider of software and services to communications and media companies, has revealed that its Vubiquity platform has been selected to continue to provide Virgin Media’s customers with Electronic Sell Through (EST) and Transactional Video on Demand (TVOD) content across different devices.

The deal represents an expansion of the decade-long relationship between Amdocs’ Vubiquity and Virgin Media UK.

Vubiquity, a technology-led media services provider, holds...

11 May 2023 | Cloud Computing

Shopify and Google Cloud AI integration boosts e-commerce capabilities

Shopify and Google Cloud have unveiled an integration that enables retailers using Commerce Components - Shopify’s enterprise retail solution - to leverage Google-quality search capabilities and AI innovations.

Enterprise brands on Shopify can today access Google Cloud’s Discovery Al solutions directly through Commerce Components, Shopify’s modern, composable stack for enterprise retail. This integration, which can now be used by Shopify merchants globally and is...

28 March 2023 | Companies

Kingfisher chooses Google Cloud as catalyst for growth and innovation

Kingfisher, an international home improvement company, has signed a five-year strategic partnership with Google Cloud to enhance Kingfisher’s digital capabilities as it helps usher in retail’s next digital age.

With more than 1,500 stores internationally, 80,000 full-time colleagues, and a brand portfolio that includes B&Q, Castorama, Screwfix, Brico Dépôt and Koçtaş, Kingfisher required a strong partner that would allow it to innovate at a rapid...

3 January 2023 | Cloud Computing