Technology News for IT Professionals & Buyers | eWeek UK

Web Name: Technology News for IT Professionals & Buyers | eWeek UK






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GaiaLens Bags ESG Deal with Sherpa Brokers in Mexico


Tech Startups Appital and RiskSmart Secure Funding


Barclays Taps Microsoft Teams for Global Rollout


Arm Reaches Record Revenue in Q1


Bank of London Plans US Expansion and 350 New Jobs


Three Vital Steps for Dealing with Cloud Downtime

As cloud computing becomes ubiquitous, more companies are exposed to incidents that cause downtime, which can be disastrous.According to Gartner, the average cost of IT downtime is a staggering $5,600/£4,600 per minute. And then there are those additional costs that don’t necessarily show up as monetary losses, such as the... Applications

Legado Buys Consumer and B2B Bill Management Tech from WonderBill

Open document and data platform company Legado has acquired the consumer and B2B bill management technology from WonderBill for an undisclosed sum.Launched in 2016, London-based WonderBill allowed consumers to manage their household bills and subscriptions. The company was backed by Shell Ventures, Shell’s corporate venture capital arm.Legado (the Portuguese... Big Data & Analytics

Djinn Desires Magical Days with Volumetrics as a Service Launch

Wish you were here? London-based tech startup Djinn Technologies has appeared on the scene to offer a Volumetrics as a Service (VaaS) platform.Djinn wants to command the attention of mortals and provides access to a range of volumetric sensors, capable of providing real-time streaming, capturing and playback of point-cloud... Applications

VMware Cybersecurity Report Highlights Rise in Staff Burnout and API Attacks

It's a grim world as new research from VMware has highlighted the rise of API-based attacks, cyber staff burnout and the use of state-motivated cyber warfare. VMware has unveiled its eighth annual Global Incident Response Threat Report today (8 August), with 65% of responders believing that the Russia-Ukraine conflict has... Cryptocurrency

Crypto Startup Old Street Digital Gets £2.3m Funding

London-based Old Street Digital (OSD) has closed a $2.8 million (£2.3 million) seed round for its crypto asset management dream.OSD is building an institutional asset manager for the crowded crypto sector. The fintech startup’s website says it’s “coming soon” and launching this summer.The funding round was led by Draper... Insights

Handling High Web Traffic with a Multi-Clustering Model

Starting a new website, everyone dreams of the days when thousands, even millions of visitors, will flock to their pages to read their content or buy their products.But what happens when you get there? How can you ensure you meet the growing demand while still keeping a spotless brand... Big Data & Analytics

Who Gives a Damn about Data?

Of course the obvious answer is: we all do. Data doesn't just define the world around us, more and more so, it also defines us.Everything we are, what we have done, what we desire and even what we are likely to do in the future. For those geeks out... Applications

CamGraPhIC Raises £800k for Photonics Technology Push

CamGraPhIC has raised the precise sum of £813,475 as it seeks to boost its development of graphene-based photonics technology.Cambridge University spin-out CamGraPhIC talks about how it wants to “revolutionise optical communications”. Photonics technology is used for optical transceivers, which in turn are devices used for data and telecommunications networks.The... Cloud

Testing the Cloud for Financial Services Firms

If the past couple of years have taught us anything, it is to expect the unexpected. For financial services firms, it has shown the critical importance of business continuity planning as a means to respond effectively to rapid change.Global market infrastructures, such as clearing systems and exchanges, were hit... Fintech

Payment Provider BR-DGE Secures Fintech Deal with Travel Counsellors

Payment orchestration provider BR-DGE has picked up a merchant partnership deal with independent travel company Travel Counsellors.Edinburgh-based BR-DGE says it will provide the business with access to various payment providers and alternative payment methods via its orchestration platform.Jacob Spencer, Head of Commercial at BR-DGE, says: “We have seen that...