All articles by Swagath Bandhakavi

Swagath Bandhakavi

IT spending to hit $5.6 trillion in 2025, driven by software and AI

This represents a 9.8% increase on 2024 spending levels, according to the forecast from Gartner.

Over half of CEOs report efficiency gains from generative AI, study reveals

PwC’s 28th Annual Global CEO Survey shows that 56% of CEOs saw improved workforce efficiency from GenAI.

UK government outlines AI and technology plan to revamp public services

At the core of the initiative is “Humphrey,” a collection of AI tools designed to enhance efficiency, reduce costs, and optimise civil service operations.

UK government admits over 25% of its digital systems are outdated

In an unusually frank admission, the Department for Science and Technology conceded that legacy system failures cost the taxpayer £45bn annually.

US FTC report warns AI partnerships could undermine competition

The report examined collaborations between Alphabet, Amazon.com, Microsoft, OpenAI, and Anthropic, raising concerns about restricted market access and barriers for non-partner AI developers.

75% of workers held accountable for cyber breaches, claims survey

The poll of office workers in Ireland reveals how fear of repercussions discourages many employees from reporting cybersecurity issues.

Only 57% of UK financial firms ready to meet today’s DORA deadline

A survey by Orange Cyberdefense reveals that 88% of respondents see the regulation as beneficial, and 96% believe it will enhance resilience across the EU’s financial ecosystem.

AI to operate 40% of power and utility control rooms by 2027, says Gartner

Driving this transition, says Gartner, is the sector’s commitment to AI investment, with 94% of CIOs in the power and utility industry planning to increase such spending this year.

Leaked FortiGate data exposes 15,000 devices to cyber risks

A 1.6 GB dataset containing sensitive FortiGate device data was leaked on the dark web by the newly emerged Belsen Group in what is its first major operation.

UK government unveils £7m AI trial fund to boost SME productivity

The 120 projects funded under the newly launched AI Opportunities Action Plan will explore how AI can address practical challenges faced by businesses while promoting nationwide adoption.