ICT sector stories - Page 16

Nebius Group has raised USD $4.3 billion to enhance its AI infrastructure and support expansion into Asia, focusing on biotech and drug discovery.

Barracuda appoints Rohit Ghai as CEO, ushering a new era after Hatem Naguib's tenure marked by growth and innovation in cybersecurity.

AI demand could drive USD $500 billion in annual data centre spending by 2030, creating a USD $2 trillion cloud revenue opportunity despite funding shortfalls.

Ransomware attacks held steady at 328 in August, with cyber gangs collaborating to boost impact, says NCC Group report highlighting persistent global risks.

Tenable launches Exposure Management Leadership Council to help CISOs bridge the cyber risk communication gap with business leaders across key sectors.

Cloud giants AWS and Microsoft now dominate the reshaped IoT platform market, as AI integration becomes key amid industry consolidation and slowed growth.

AI-powered smart matching tech is helping SMEs hire faster and fairer, focusing on skills over CVs to tackle talent shortages and rising recruitment costs.

Singapore's IT sector faces severe burnout and a widening skills gap, with 64% of cybersecurity professionals experiencing stress amid rising talent drain.

Siemens has joined the CHERI Alliance to advance cybersecurity in Electronic Design Automation by promoting hardware-enforced memory safety technology.

Check Point Software has been named on TIME and Statista's World's Best Companies of 2025 list, highlighting its growth, employee satisfaction, and sustainability efforts.

Cybersecurity startup AegisAI raises USD $13 million to launch AI-driven email security platform combating phishing and malware threats more effectively.

Aonic acquires Prime Insights for $250m, expanding beyond gaming into research tech and adtech to boost its global data platform reach.

Tech and B2B firms are appointing Chief Trust Officers to boost security, privacy, and trust amid rising client and regulator concerns, says Forrester.

Omnissa has been named a Leader in Gartner's 2025 Magic Quadrant for Desktop as a Service for the third year running, praised for top scores in critical capabilities.

Firebolt appoints Hemanth Vedagarbha as CEO to lead global expansion and strengthen its position in the analytical database market amid rising AI demand.

Singapore Computer Society launches a new Skills Pathway for Cloud to train professionals and meet rising demand in the city-state's growing tech sector.

Enero Group posted a 2% rise in FY25 EBITDA, boosted by award-winning agencies Hotwire, BMF, ROI·DNA and Orchard driving steady growth and margins.

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.