ICT sector stories - Page 13

Canada unveils its first National Anti-Fraud Strategy and a Financial Crimes Agency to tackle rising fraud losses, which hit CAD $643 million in 2024.

Lyft will open new tech hub in the financial district, its second North American centre, to drive innovation and expand in the growing Canadian market.

Canada commits funding to New Media Manitoba for AI integration, boosting digital innovation, job creation, and SME support in the province.

KPIT Technologies has taken nearly 90% ownership of Swiss firm N-Dream, expanding its reach in in-car gaming and digital vehicle experiences.

Boomi has appointed Diane Fanelli as Chief Revenue Officer to drive global growth and advance its AI-driven enterprise integration and automation platform.

Nasuni has named Nick Burling as Chief Product Officer and launched AI tools to boost intelligent data management for enterprise clients.

Practical DevSecOps has formed an Advisory Board with Erika Voss and Cecil Su to tackle the global shortage of up-to-date cybersecurity skills through strategic training.

A global shortage of cyber experts and rising AI use are driving cyber breach costs above USD $1 million for over half of organisations in 2024, says Fortinet.

Employment Hero surpasses AUD $300 million ARR and nears first profit, supporting 350,000 businesses with its integrated employment platform globally.

Pax8 launches Agent Store and Managed Intelligence Provider Playbook to help MSPs adopt AI and boost growth with tailored digital solutions.

Canadian firms increasingly adopt AI in cybersecurity but face a talent shortage that hinders progress and raises breach risks, finds Fortinet's 2025 report.

Peter Farkas has returned as CEO of Percona, bringing over a decade of experience in open source database technology to lead innovation and growth.

RegScale appoints Chad Woolf as Chief Product Officer to lead product strategy and scale its continuous controls monitoring platform for global growth.

KnowBe4 has won three major 2025 awards recognising its leadership in human risk management, sustainability, and corporate responsibility in cybersecurity.

Tanium has been honoured with multiple global awards recognising its outstanding workplace culture and innovation across Asia, Europe, and North America.

Enterprises investing USD $5.4m yearly in AI see higher ROI when mature adopters focus on secure, well-governed information management.

Testlio, Bugcrowd and InnoWave launch Testlio Apex Partner Programme, uniting global experts to enhance software quality assurance in fintech and tech sectors.

Calgary's Blackline Safety named one of Canada's Top Growing Companies for the seventh consecutive year, boasting 134% revenue growth over three years.

Nearly half of Canadians use AI at work, but only 12% have formal training, highlighting a significant skills and confidence gap in the workforce.

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.