ICT sector stories - Page 3

OutSystems names Fay Sien Goon as CFO to steer global finance and support its push into AI-powered application development and agentic systems.

Vertex Group names Puneeta Rajwant to steer India expansion, InfraTech launch and drive its Vertex 2.0 agenda towards INR ₹1,000 crore.

Mitsumi unveils India push with INR ₹700-1,000 crore IT and mobile distribution expansion across metros and smaller cities over 3 years.

StarHub secures its first CDP ‘A’ climate rating, as energy, renewables and supply chain reforms sharpen its decarbonisation strategy.

CapitaLand India Trust to sell 20.2% stakes in three data centres to CapitaLand India Data Centre Fund for INR ₹7.02b to boost flexibility.

BGF invests GBP £16.6m in Workbooks to accelerate US expansion and deepen development of its integrated mid-market SaaS platform.

Vespertec says AI growth will slam into hard data centre limits by 2026, as chip, memory and cooling bottlenecks reshape infrastructure plans.

Australian employers now take an average of five weeks to hire staff, with delays driving heavier workloads, project setbacks and lower morale.

Accenture to acquire UK AI specialist Faculty for USD $1bn, in its biggest British AI startup deal and a major bet on AI safety expertise.

Marqeta has hired veteran payments executive Patti Kangwankij as CFO, completing a leadership reshuffle under chief executive Mike Milotich.

Mphasis appoints tech and banking veteran Punit Sood as independent director to bolster its AI-led push into global finance clients.

UK learning platform HowNow backs domain-specific AI agents to join teams as ‘colleagues’ by 2026, reshaping workflows and competition.

CFOs seize control of cloud spending as volatile infrastructure and AI costs erode tech start-up margins and strain forecast accuracy.

January Capital raises over USD $130m for an Asia-Pacific growth credit fund targeting sponsor-backed technology companies.

Nearly half of US small firms have suffered cyber attacks in five years as many still rely on untrained staff and weak defences to cope.

Australian businesses are turning cost optimisation into a permanent strategic mandate, reshaping technology, talent and operations for efficiency.

Cisco Systems Capital’s New Zealand branch lifted profit in FY2025, supported by lower costs, currency gains and higher assets.

Linux Foundation unites Anthropic, Block and OpenAI in new Agentic AI hub to standardise tools and protocols for autonomous AI agents.

Manchester’s FourNet has scooped Palatine’s inaugural Leadership in Social Value award after generating GBP £2,660,194 in social value.

AI-powered cyber attacks are outpacing thinly staffed security teams, as firms prioritise defence but starve programmes of people and budget.