Professional services stories - Page 10

Projectworks has secured NZD $25 million in Series A funding to expand globally, integrating AI tools and boosting its team by 50% amid strong industry recognition.

Contractor and consulting roles surge globally, with Oyster reporting a 46% rise in contractor engagements and a tenfold increase in consulting hires in 2024.

Rimini Street appoints Vijay Kumar as COO to spearhead global growth, focusing on operational efficiency and innovative IT solutions without ERP upgrades.

Siemens launches AI-powered PADS Pro Essentials and Xpedition Standard software to simplify PCB design for small and mid-sized electronics businesses.

Rubrik and Rackspace have launched the Rackspace Cyber Recovery Service to help businesses quickly recover from ransomware in public cloud environments.

Responsive unveils Agent Studio, a no-code platform letting enterprise teams build custom AI agents to streamline compliance, risk, and RFP processes effectively.

Jitterbit has launched an upgrade to its Harmony platform, introducing layered accountable AI agents designed to automate complex enterprise tasks efficiently.

IoT Analytics finds customer support leads enterprise generative AI use, with 49% of deployments aiding issue resolution among 530 projects analysed.

A study reveals 86% of Professional Services firms find mergers slow due to outdated finance systems, urging tech upgrades for smoother integration and growth.

Generative AI use in professional services has nearly doubled in a year, reaching 22%, with 95% expecting it central to workflows within five years.

EY has launched the EY.ai Agentic Platform with NVIDIA, aiming to enhance tax, risk, and finance sectors through AI-driven solutions.

A new survey by Infosys Knowledge Institute reveals a significant shift towards scaled AI deployment across industries, driven by reduced costs and improved success rates.

UiPath has secured a global consulting agreement with a leading EMR platform to bolster services in 16 countries, enhancing healthcare efficiency.

AI is dramatically reshaping professional services, with experts warning that while it boosts efficiency, it also risks eroding essential skills and job prospects.

KPMG has launched KPMG Velocity, an AI-powered platform aimed at streamlining business transformation by unifying existing services and advanced technology.

A Semarchy study reveals only 16% of tech and professional services firms are audit-ready for the Corporate Sustainability Reporting Directive, raising data concerns.

New analysis from IoT Analytics reveals the global IoT professional services market reached USD $56 billion in 2024, growing 46% in three years.

As the accounting and advisory sector transforms through technology, firms are harnessing insights from platform economies to boost efficiency and profitability.

Exclusive Networks has launched Exclusive Global Solutions (XGS), a new initiative to streamline its cybersecurity services for partners worldwide.

Armor has unveiled its AI Readiness Accelerator to help businesses overcome data governance challenges and adopt AI technologies like Microsoft Copilot.