ICT sector stories - Page 17

Alluxio reports 50% customer growth, launching AI data platform version 3.7 with sub-millisecond latency and record-breaking AI workload performance.

Snowflake's product revenue rose 32% to USD $1.09 billion in Q2 FY2026, driven by strong customer growth and a net revenue retention rate of 125%.

Avalara has won the 2025 Tech Cares Award from TrustRadius for its strong commitment to CSR, diversity, sustainability and employee volunteerism.

Industry leaders mark International Women in Cyber Day, urging action to boost female representation and diversity in cybersecurity roles worldwide.

Tenable appoints Matthew Brown as new CFO, replacing Steve Vintz who moves to Co-CEO, marking a strategic shift in leadership and growth focus.

UiPath has named Michael Atalla as Chief Marketing Officer to lead global marketing and boost adoption of AI-driven automation in business processes.

KnowBe4 appoints Joel Kemmerer as Chief Information Officer to lead digital transformation and enhance cybersecurity platform capabilities.

Tenable names Matthew Brown as CFO to drive growth, following Steve Vintz's move to joint CEO alongside Mark Thurmond.

China-linked hackers MURKY PANDA exploit trusted cloud relationships to conduct cyberespionage against North American government and tech sectors.

A study reveals 65% of entry-level, non-graduate workers in the global south use AI at work, nearly double the rate seen in high-income countries.

Outpost24 appoints Ariel Katz as Chief Corporate Development Officer to lead strategic growth via mergers, acquisitions, and partnerships in cybersecurity.

AI crawlers now account for 80% of bot traffic, with Meta leading, placing huge strain on web resources and raising concerns over data bias and security risks.

Teleport, securing identities for major firms, joins the Inc. 5000 list for rapid revenue growth in the identity security sector from 2021 to 2024.

Alison Young has been appointed CEO of Kansys, tasked with driving growth and integrating AI to enhance its billing and financial solutions across industries.

Cybercriminal groups ShinyHunters and Scattered Spider have escalated phishing attacks on Salesforce and major firms like Google, signalling possible collaboration.

Rumble aims to acquire Northern Data in an all-stock deal backed by Tether, with Northern Data shareholders set to own a third of the combined company.

8x8 reports a 150% rise in AI-powered customer interactions and unveils new tools enhancing CX with AI-driven insights and secure payment options.

Activist investors won a record number of board seats in Australia and the US during H1 2025, despite fewer campaigns and faster settlements.

Cinven acquires majority stake in Smart Communications to boost global growth and innovation in regulated sectors using its cloud-based customer communication platform.

IDHL appoints Jonathan Healey as Group Technology Director to lead AI and technology strategy, boosting innovation across its UK and US operations.