Industry news

Mizuho Financial Group is working with Google to transform its operations to keep pace with changing customer demand and repair reputational damage caused by IT-related shortfalls.

Through the deal, the bank’s systems will be modernised to make them more agile and secure. The company’s corporate culture will also be transformed by adopting Google’s approach to product development and problem solving, which it hopes will attract top talent.

Read the full article here on ComputerWeekly.com

Scottish digital technology services firm Incremental Group has been acquired by Spanish-owned Telefonica Tech in a deal worth up to £175m. 

The Glasgow-based company operates in the data analytics market and is a Microsoft partner. Telefonica Tech said the acquisition strengthened its capabilities and presence in IT services in the UK and Ireland.

Read the full article here on BBC News

Finding a safe route out of Ukraine is not easy. 

So how do people actually find safe passage out of the country? One way is via transport arranged by dozens of volunteers based thousands of miles away, who liaise with fellow volunteers in Ukraine.

They, in turn, send information in real-time about safe roads to drivers who can rescue busloads of people. In other words, they are crowdsourcing safe passage out of a war zone.

Read the full article here on BBC News

The global Business Process Outsourcing (BPO) industry is projected to reach US$215.9 Billion by 2026 at a compound annual growth rate (CAGR) of 5.2% between the next four years.

According to a new market study by market research company Global Industry Analysts (GIA), this rapid increase is attributed to the growing desire of global businesses to rationalize costs and address issues such as shortage of skilled personnel.

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Business Process Outsourcing (BPO) consulting services provider Impact SourcingCX was recently launched to provide solutions for clients in the United States.

Impact SourcingCX founder and CEO Stuart Discount explained that he created the company to offer “access to business process outsourcing in parts of the world where we can provide desperately needed social and economic impacts.” 

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The global software development outsourcing industry is projected to increase by 70% between 2022 and 2023, according to tech services provider Commit.  

Outsourcing tech talent is becoming an essential ingredient for success, but the benefits are perceived differently across roles and organizations. Commit found that while HR leaders see the top benefit of outsourcing as cost savings (48%), CTOs perceive outsourcing as a key to quickly scaling (42%). However, regardless of the role, the greatest concern over outsourcing talent is the quality of work (56%).

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Computacenter has released a very impressive set of results this morning, with top line Group revenue up 26.9% (constant currency) to £5.2bn and a 31.5% increase in adjusted profit before tax. Indeed, adjusted profit before tax has doubled in the three years since its 2018 results.

Read the full article here on TechMarketView.com

As announced in a Ministerial Statement by the Minister for Media, Data, and Digital Infrastructure, Julia Lopez, the UK Government has made another step in its journey towards making digital identities as trusted and secure as official documents like passports and driving licences.

Read the full article here on TechMarketView.com

Indian IT service provider TCS has opened an innovation centre in Sydney and is investing in local talent to meet the digital transformation needs of Australian organisations.

ikram Singh, country head of TCS Australia and New Zealand, said that the centre will provide support for organisations that want to innovate at scale, whether it is ramping up their cloud adoption or solving a business problem through technology.

Read the full article here on ComputerWeekly.com

US headquartered technology holding company, SS&C completed its acquisition yesterday of UK Robotic Process Automation (RPA) software specialist Blue Prism. The £1.24bn deal was first announced back in November and sees the Warrington headquartered RPA pioneer become the latest UK tech starlet to leave the London market. The new combined entity will operate as SS&C Blue Prism, and report to Mike Megaw, Managing Director, Business Process Automation.

Read the full article here on TechMarketView.com