According to recent forecasts from Gartner, global cybersecurity spending is expected to surge by over 15% in 2025, reaching an unprecedented $212 billion. This substantial increase is primarily fueled by the rapid adoption of artificial intelligence (AI) technologies and a growing demand for cloud and consultancy services.
Opportunity North East (ONE) has teamed up with Barclays Eagle Labs and CodeBase to launch the EnergyTech Bridge Programme, a groundbreaking initiative aimed at supporting businesses in expanding into new markets, scaling internationally, and driving innovation in the transition to cleaner, greener energy through digital technology.
According to iwoca’s latest Q2 2024 SME Expert Index, nearly three-quarters (73%) of SME finance brokers are optimistic about the future of small businesses. The survey reflects a positive shift in outlook among brokers for the UK’s 5.5 million SMEs, with optimism up 3 percentage points from Q1 2024 and 6 points from Q4 2023. Only 8% of brokers express pessimism about the business environment.
Latitude59, the premier startup and technology event in the Baltic States, is expanding its global footprint by hosting a satellite event in Nairobi, Kenya. This move comes after a record-breaking event in May that drew over 4,000 participants from more than 60 countries to Tallinn, Estonia.
IBASE Technology Inc., a provider of embedded computing solutions, has unveiled the MI1002 Mini-ITX motherboard, featuring Intel® Core™ Ultra processors Series 1 (Meteor Lake-PS platform) with LGA1851 socket support. The newly launched motherboard integrates advanced AI capabilities, superior graphics performance, and impressive energy efficiency, making it ideal for demanding applications in AI, edge computing, and IoT environments.
VTT Technical Research Centre of Finland has unveiled a pioneering initiative aimed at transforming energy and resource consumption within the forestry and textile industries. The initiative, named “Energy First,” introduces innovative low-carbon, water-efficient technologies with the potential to reduce water consumption by up to 90% and cut overall energy use by more than half.
AstroAgency, a space-focused communications firm, has announced a strategic partnership with New Scientist Live, the annual science and space event in London. The collaboration aims to highlight the opportunities within the UK’s rapidly growing space industry while inspiring the next generation to pursue careers in space. The partnership also seeks to educate the public on the critical role satellites play in our daily lives and challenge common misconceptions about space travel and exploration.
Robin AI, a legal artificial intelligence (AI) assistant for businesses, has teamed up with Amazon Web Services (AWS) to streamline complex legal processes and advance the development of a significant new AI-driven legal market.
The latest Flexible Working Index – a report that analyses data across the flexible jobs market to track the biggest work trends now, and those set to shape the future of work – shows that demand for and supply of jobs offering flexible working hours is on the rise.
The findings come as the new Labour Government throws its support behind more family-friendly jobs, with plans to give workers the right to flexible working hours as standard.
Bluechain, the EIS-certified fintech transforming payments and receivables, has experienced remarkable growth in 2024, building on a robust performance in 2023. With a surge in users, transaction volume, and revenue, Bluechain has launched an opening funding round to fuel its next growth phase.
Roboteam is launching the second batch of its acceleration program for tech startups in September 2024. This program is free and designed for sole non-developers and even developers themselves who want to establish their own business but lack funding and co-founders. The first batch took place last year and helped founders from 5 different countries to launch their ideas.
