Tag: Cloud

Majority of bank IT executives back cloud adoption to aid business...

A report by the Economist Intelligence Unit has found almost three quarters of bank IT executives believe moving to the cloud will help their companies reach their objectives.

Temenos eyes China market entry following Huawei certification

Swiss banking technology company Temenos has become the first banking software provider to be certified with Huawei’s infrastructure and public cloud.

Verizon report finds 85% of data breaches in 2020 involved human...

A report by Verizon has found that over 85% of data attacks in 2020 involved some form of human interaction.

Zenlayer eyes enhanced cloud footprint following $50m Series C

US edge cloud service provider Zenlayer has closed a $50m Series C financing round led by Anatole Investment.

InvestCloud acquires Advicent to help bridge the advisor-client communication gap

Cloud-based financial solutions developer InvestCloud has acquired Advicent, a provider of cash flow, trust and tax financial planning.

Wasabi eyes global expansion following $112m Series C

Hot cloud storage company Wasabi has raised $112m from a Series C funding round led by Fidelity Management & Research Company.

CyberHat bags $15m Series B to expand security platform reach

Tel Aviv-based security operations firm CyberHat has raised $15m from a Series B funding round led by APAC investment firm Prytek.

Santander IT infrastructure cloud migration grows as digital move accelerates

Banco Santander claims its digital transformation is ‘ahead of plan’ after it revealed more than 60% of its global IT infrastructure has already migrated to the cloud.

SmartStream expands global reach with cloud-native AI service launch

Transaction lifestyle management provider SmartStream Technologies has boosted its global footprint with the launch of SmartStream Air version 3.

Global cloud billing market to be worth $6.5bn by 2025

The global cloud billing market is expected to grow from being worth $3bn in 2020 to reaching a value of $6.5bn in the next five years, according to new research.

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