Europe (European) stories - Page 8

Research by IoT Analytics predicts that industrial automation spending will soar to USD $350 billion by 2030, revealing key trends across major global players.

New research from Westcon-Comstor reveals that 85% of channel partners prioritise enhancing cloud capabilities, yet many admit to feeling unprepared to meet demand.

Hyve Managed Hosting has unveiled a new data centre in Frankfurt, bolstering its European operations to meet soaring demand for cloud services.

CONTEXT has forecast a 3.6% growth in the European IT distribution market for 2025, driven by AI investments and a new PC refresh cycle amid economic recovery.

Lookiero and Outfittery have merged to form the Lookiero Outfittery Group, targeting over three million customers and projecting EUR €130 million in revenue.

The company's latest report reveals a drastic shift in cybercrime, with phishing attacks now accounting for 38% of retail data breaches in 2023.

WithU has been named one of Europe's fastest-growing companies, ranking 26th in the FT1000 with a remarkable CAGR of 245.8% in the leisure sector.

Schneider Electric has appointed Pablo Ruiz Escribano as Senior Vice President for its Secure Power and Data Centre Business in Europe, effective immediately.

DoiT has unveiled a USD $250 million fund to propel AI-driven automation in cloud operations, enhancing efficiency as businesses migrate to the public cloud.

Calastone has revealed that tokenisation could save the asset management sector over USD $135 billion, significantly enhancing efficiency in fund operations.

The Trusted Connectivity Alliance reports eSIM shipments surpassed 503 million in 2024, marking a 35% rise, driven by strong consumer demand and new devices.

Group-IB's new report reveals a 58% rise in Advanced Persistent Threats, with Europe facing the brunt amid escalating geopolitical tensions.

Telehouse Thailand, HGC Global Communications, and AMS-IX have launched a new transmission infrastructure to enhance connectivity between Bangkok and London.

January witnessed an unprecedented rise in ransomware attacks, surging to 590 incidents, as NCC Group warns of escalating cyber threats amid global instability.

Versa has launched Sovereign SASE, enabling enterprises to customise networking and security services from their own infrastructure, catering to evolving data privacy needs.

Goldman Sachs is at the forefront of an AI revolution in banking, with a new report revealing 167 AI applications across global banks, shifting industry norms.

A survey by eflow Global reveals 64% of finance executives see technology-driven risks, especially AI, as key compliance challenges for 2024.

The 2025 VivaTech Confidence Barometer shows high optimism among American and UK business leaders regarding technology, with 87% confident in its potential.

Vespia has partnered with Mastercard to enhance merchant onboarding across multiple regions, aiming to streamline processes and cut onboarding times by up to 90%.

Adyen has teamed up with Eats365 to launch a streamlined payment solution for food and beverage businesses globally, enhancing operational efficiency.