Finance stories - Page 5

Abnormal Security has appointed Lisa Banks as Chief Financial Officer as it gears up for an initial public offering, aiming for over USD $1 billion in annual revenue.

A Forrester report reveals that while quantum computing has made strides, practical applications remain a decade away due to persistent challenges.

Cloudera has unveiled a preview of its Retrieval-Augmented Generation Studio, enabling enterprises to deploy AI chatbots using real-time data without coding.

HP has announced its new Elite t660 Thin Client, claiming to be the world's most secure desktop thin client, available from March 2025.

As AI transforms finance operations, many firms lack a clear strategy for its integration, risking inefficiencies and missed opportunities.

By 2025, AI is set to revolutionise industries with advancements in agents, edge computing, and nuclear energy, driving sustainability and efficiency.

Seagate has launched a budget-friendly archive tier for its Lyve Cloud service, allowing enterprises to store infrequently accessed data at $3.75 per terabyte.

Quadient forecasts that by 2025, blockchain will revolutionise finance teams, enhancing transaction accuracy and transparency in a challenging skills landscape.

NVIDIA has joined forces with Helsinki's Algorithmiq to enhance quantum computing, leveraging GPUs to significantly boost performance in emerging technologies.

A report reveals that 60% of banking leaders are integrating generative AI technology into operations, outpacing other sectors in adoption rates.

Hitachi Vantara has launched enhancements to its Virtual Storage Platform One, featuring all-QLC flash arrays and improved cloud capabilities to support data-heavy sectors.

Diliko has unveiled its Agentic AI platform to automate data management for mid-sized enterprises, aiming to enhance efficiency in sectors like healthcare and finance.

New Relic has expanded its presence in India by launching a new office in Bengaluru, featuring over 300 seats to support its growing teams.

A study by Veracode reveals that 76% of financial applications have unresolved security flaws, posing significant risks to organisations and their customers.

Qualys' Vulnerability Management, Detection and Response has been named both an 'Outperformer' and 'Leader' in the 2024 GigaOm Radar Report for Continuous Vulnerability Management.

IBM has been recognised as a Leader in the 2024 Gartner Magic Quadrant for Cloud Financial Management Tools for its IBM Cloudability product.

Celonis has launched AgentC, a suite of AI agents enhanced with process intelligence, aimed at streamlining enterprise applications and boosting efficiency.

ServiceNow and Rimini Street have teamed up to modernise ERP systems with an AI solution, promising cost-effective upgrades and enhanced innovation.

Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.

Cognizant has upgraded its Neuro AI platform to enhance AI productivity for businesses, introducing tools like Opportunity Finder for efficient use case identification.