ICT sector stories - Page 16

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.

Cloudflare will hire 1,111 interns worldwide in 2026, vastly expanding its programme and offering US students free access to its developer platform for a year.

Equinix has launched a $69 million data centre in Chennai, enhancing India's AI and cloud infrastructure with high-capacity, energy-efficient facilities.

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.

Vehere appoints Sanjay Bhardwaj as Managing Director for India and ASEAN to lead expansion and cybersecurity innovation across the region.

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.

Reliance and Meta have launched a USD $100 million joint venture to develop AI enterprise solutions for Indian firms, using Meta's open-source Llama models.

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.

Tenable appoints Matthew Brown as new CFO, replacing Steve Vintz who moves to Co-CEO, marking a strategic shift in leadership and growth focus.