TPXimpact: Navigating the post-spending review landscape with cautious optimism
In conversation with TPXimpact‘s leadership team following their full-year results for the 12 months to 31st March 2025, the overriding sentiment was one of measured confidence tempered by market realities. The digital transformation specialist delivered on its revised expectations with revenue down 8.2% to £77.3m, but crucially improved adjusted EBITDA margins to 7.3% – demonstrating […]
PhysicsX funding reflects appetite for defence tech
London-headquartered, PhysicsX, has raised $135m as part of its Series B financing. The round was led by Atomico, with participation from Temasek, Siemens, Applied Materials, and July Fund. There was continued support from existing investors including General Catalyst, NGP, Radius Capital, Standard Investments, and Allen & Co. The new investment brings total funding to nearly […]
Invest 2035 makes tech a priority
The UK Government has published its keenly anticipated Industrial Strategy, marking the most significant economic intervention in seven years with a £100+ billion commitment that aims to transform Britain’s economy over the next decade. Focused on creating 1.1 million well-paid jobs while positioning the UK as “the best country to invest in and grow a […]
Government unveils £1bn investment in Quantum and Digital Tech
The government and DSIT has announced a sweeping £1bn investment programme aimed at positioning the UK as a global leader in emerging technologies, forming a cornerstone of the new Digital and Technologies Sector Plan, which sits alongside a broader modern Industrial Strategy, both released yesterday. The Sector Plan also highlights AI as a frontier technology, […]
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NTT DATA’s joins WBCSD tech supplier roster
NTT DATA has joined the World Business Council for Sustainable Development (WBCSD), adding to a membership roster that features several major technology names. Among WBCSD’s nearly 200 members, the technology contingent includes platform providers such as Microsoft, Google, Amazon, and Meta, alongside software players like SAP and Sage, IT services firms like Accenture, Fujitsu, and IBM, […]
AI adviser Matt Clifford steps down from government role
Matt Clifford, the Prime Minister’s artificial intelligence opportunities adviser, is stepping down from his government role at the end of July for personal reasons, citing a desire to spend more time with his family. The Entrepreneurs First founder, who was appointed to advise Sir Keir Starmer in January 2025, has been a pivotal figure in […]
*COMING SOON* Market Trends & Forecasts 2025
LTIMindtree heads into the blue
Aspiring India Tier 1 vendor, LTIMindtree has unveiled of a new business unit and suite of AI services and solutions: BlueVerse. Described as a complete AI ecosystem, the new entity seeks to help enterprises accelerate their “AI concept-to-value journey”. The unit comprises three core components: BlueVerse Marketplace, which currently contains 300 industry and function-specific agents; […]
Forward-looking concerns overshadow Accenture’s robust Q3 performance
Accenture’s reward for posting a largely healthy set of numbers for Q325 last Friday (20th June) was to see its share price worth c.7% less by market close. The worst performer on the S&P 500 worst performer that day, the company’s value ended the trading session down by almost 30% on its highest point so far this […]