Europe (European) stories - Page 7

Vertiv and Ballard Power Systems have entered a partnership to develop hydrogen fuel cell solutions for data centre backup power.

LockBit ransomware group sees a 665% surge, recording 176 attacks in May 2024, leading a spike in global ransomware activity, reports NCC Group.

Cloudflare's latest report warns that EU firms are dangerously unprepared for increasing cyber threats; only 29% feel equipped to defend against attacks.

Integrity360 launches a managed service using Fortinet's portfolio in Ireland, aiming to simplify cybersecurity for SMEs and enterprises across Europe.

SentinelOne bagged the MVP Vendor award for APAC and the Global Partner’s Choice award at the 2024 Beyond Awards, celebrating their impactful partnership with Pax8.

Report reveals 68% of European tech startups are leveraging AI, with investments in emerging technologies like ML and 5G shaping the future landscape.

Bank of China (Hong Kong) has launched a feature allowing customers to track carbon emissions via spending, thanks to a new partnership with fintech firm Cogo.

Global investment in data centres hits USD $22 billion in five months, with asset-backed securitisations driving financial strategies, Linklaters reports.

A Barracuda Networks report reveals significant shifts in Singapore's MSP sector, with rising AI use and cloud marketplaces amid concerns over AI competence.

The UK has secured its position as Europe's top destination for digital FDI with 255 projects in 2023, according to EY's latest survey, outpacing the continent amidst a broader decline.

Transact Payments rebrands as TransactPay after a year-long transformation, aiming to strengthen its position as a premier BIN sponsor in the UK and Europe.

OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.

Quantexa reports a 40% surge in Decision Intelligence ARR, projecting GBP £80 million by 2024, driven by expanding markets and strategic partnerships.

Colt Technology Services is set to invest EUR €100 million to expand into six Asian markets, aimed at boosting digital infrastructure and cloud adoption in the APAC region.

HotelHub's Q1 2024 Index reveals a 19% drop in international business travel and an 8% rise in hotel costs globally.

Ignition Technology and Cranium partner to navigate EU AI Act compliance, combining cybersecurity and AI expertise to aid European enterprises in ethical AI deployment.

Australia's Software Combined has now expanded its portfolio by acquiring Dbvisit, based in New Zealand's Auckland.

STACK Infrastructure secures USD $1.3 billion for global data centre expansion, emphasising green construction in key regions like Melbourne and Manassas.

Arrow Electronics and Broadcom are partnering to distribute VMware solutions across 20 European countries, including new regions like the Czech Republic and Iceland.

For the first time in five years, EMEA has overtaken North America as the prime target for DDoS attacks, with the UK suffering 26% of the assaults.