CFOtech Asia - Technology news for CFOs & financial decision-makers

ICT sector stories - Page 3

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BGF invests GBP £16.6m in Workbooks to fund US growth

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BGF invests GBP £16.6m in Workbooks to accelerate US expansion and deepen development of its integrated mid-market SaaS platform.
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Vespertec warns AI growth will hit hard data centre limits

Last week
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Vespertec says AI growth will slam into hard data centre limits by 2026, as chip, memory and cooling bottlenecks reshape infrastructure plans.
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Australian firms take five weeks on average to hire

This month
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Australian employers now take an average of five weeks to hire staff, with delays driving heavier workloads, project setbacks and lower morale.
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Accenture to buy UK AI firm Faculty in USD $1bn deal

This month
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Accenture to acquire UK AI specialist Faculty for USD $1bn, in its biggest British AI startup deal and a major bet on AI safety expertise.
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Marqeta names Patti Kangwankij as new finance chief

This month
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Marqeta has hired veteran payments executive Patti Kangwankij as CFO, completing a leadership reshuffle under chief executive Mike Milotich.
Mr.punitsood

Mphasis names Punit Sood Independent Director for AI push

This month
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Mphasis appoints tech and banking veteran Punit Sood as independent director to bolster its AI-led push into global finance clients.
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HowNow bets on vertical AI agents reshaping UK work

This month
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UK learning platform HowNow backs domain-specific AI agents to join teams as ‘colleagues’ by 2026, reshaping workflows and competition.
Worried cfo in modern tech office rising cloud cost graph ai

CFOs tighten grip as rising cloud costs hit tech margins

This month
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CFOs seize control of cloud spending as volatile infrastructure and AI costs erode tech start-up margins and strain forecast accuracy.
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January Capital closes USD $130m Asia-Pacific tech fund

This month
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January Capital raises over USD $130m for an Asia-Pacific growth credit fund targeting sponsor-backed technology companies.
Worried small business owner at desk cyber attack warning office

US small firms face rising cyber attacks amid weak defences

This month
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Nearly half of US small firms have suffered cyber attacks in five years as many still rely on untrained staff and weak defences to cope.
Australian business cost optimisation desk charts gears tech

Australian firms make cost optimisation a core focus

This month
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Australian businesses are turning cost optimisation into a permanent strategic mandate, reshaping technology, talent and operations for efficiency.
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Exclusive: Cisco Systems Capital NZ posts higher profit

This month
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Cisco Systems Capital’s New Zealand branch lifted profit in FY2025, supported by lower costs, currency gains and higher assets.
Ai node web open source cloud interoperability server room nodes

Linux Foundation launches Agentic AI open standards hub

This month
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Linux Foundation unites Anthropic, Block and OpenAI in new Agentic AI hub to standardise tools and protocols for autonomous AI agents.
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FourNet wins Palatine award for social value impact

This month
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Manchester’s FourNet has scooped Palatine’s inaugural Leadership in Social Value award after generating GBP £2,660,194 in social value.
Sf night it security team glowing monitors ai cyber threats

AI cyber threats outpace stretched security teams by 2026

This month
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AI-powered cyber attacks are outpacing thinly staffed security teams, as firms prioritise defence but starve programmes of people and budget.
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Snowflake brings Google Gemini 3 AI models to Cortex

This month
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Snowflake will run Google’s Gemini 3 AI models natively in Cortex, keeping enterprise data in-platform while deepening Google Cloud ties.
Winners

Tech founders lead Tide everywoman entrepreneur awards

This month
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Tech founders Julie Collison and Emma O’Brien top Tide everywoman awards as women-led firms eye growth despite tough UK backdrop.
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de Novo to create 50 Welsh tech jobs in five years

This month
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Welsh tech consultancy de Novo plans to create 50 digital roles in Newport over five years under its new ‘50 in 5’ hiring drive.
Jonathan cleave  group managing director  intralink

India, Vietnam & Korea tipped as top UK tech markets

This month
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India, Vietnam and South Korea are set to be the fastest-growing markets for UK tech in 2026, a leading consultancy has forecast.
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Airwallex raises USD $330m, sets dual HQ in San Francisco

This month
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Airwallex secures USD $330m at a USD $8b valuation and names San Francisco a dual global HQ as it ramps US expansion and AI investment.