36 01732 759725 platforms. Since being founded in Finland in 1985, Basware has processed 2 billion invoices with a combined value of $10.1 trillion. With paper invoices still accounting for 49.7% of invoices received by enterprises, the global AP automation market is projected to grow at a compound annual growth rate of 12.8% through 2030. www.deloitte.com/about … Mojo-CX, a Manchester-based developer of AI tools to help enterprises analyse customer service conversations, train call handling staff and enhance the user experience for millions of consumers, has raised £2.25m of investment in its latest funding round. This includes £1m from the Northern Powerhouse Investment Fund II, managed by Praetura Equity Finance, as well as investment from River Capital’s fund:AI and Mojo’s existing investors, the Greater Manchester Combined Authority (GMCA) and Foresight – from the Midlands Engine Investment Fund (MEIF). Mojo, founded by CEO Jimmy Hosang in 2018, will use the funding to introduce new features, such as voice AI and automated quality assurance, and double the size of its sales and engineering teams. praeturaventures.com SAP is aiming to unleash the full value of enterprise data for Agentic AI with the launch of the SAP Business Data Cloud in partnership with Databricks. The solution unifies SAP and third-party data throughout an organisation and embeds Databricks’ data engineering and business analytics capabilities to support better decision-making. Commenting on the partnership, Ali Ghodsi, Co-founder and CEO of Databricks, said: “Every company wants to get more value out of their data and greater returns on their AI investments. By joining forces with SAP, we’re helping organisations bring together all their data – regardless of format or where it lives – to govern, analyse and build domain-specific AI applications on the Databricks Data Intelligence Platform.” www.sap.com … Civo has announced general availability of relaxAI, a privacy-first sovereign AI assistant with capabilities in conversational dialogue, advanced reasoning, sentiment analysis and code generation. Powered by Meta’s Llama model, it allows UK businesses to unlock the potential of large language models without compromising on security or compliance. Unlike AI services hosted by US hyperscalers, which are subject to the US CLOUD Act granting US government agencies jurisdiction over data hosted by these providers, even when stored outside the US, relaxAI guarantees that data from UK businesses is hosted exclusively in UK datacentres and remains subject only to UK law. In addition, relaxAI allows UK businesses to run configurations in secure, dedicated environments, gives users full control over how their data is handled and never trains on customer data without explicit consent. This prevents sensitive information, such as business ideas or private data, from being trained on and potentially repurposed in future chatbot interactions. Costing from £10 per month, relaxAI is an accessible and cost-effective AI solution for businesses of all sizes. Future versions will be deployable within a business’s own corporate network, providing even greater control and capabilities. … AvePoint, provider of a data security, governance and resilience platform, is strengthening its partners’ ability to build out security-centric recurring revenue streams with the launch of the next generation of AvePoint Elements. Integrating with AvePoint’s award-winning compliance and data protection solutions, this AI-powered platform enables MSPs to manage clients, multiple clouds and tenants in one place; automate manual tasks; add more clients and services; and ensure compliance through centralised governance, proactive security monitoring and automated policy enforcement. AvePoint claims the ability to serve customers across clouds from within one platform increases MSPs’ total addressable market and provides more opportunities to upsell security, backup and compliance services, pointing out that partners that participated in the private preview of the new AvePoint Elements achieved a 40% increase in average revenue per user when integrating more than two solutions into a managed service and reduced time wasted on operations and infrastructure by 85%. www.avepoint.com … N-able has introduced an AI-powered Developer Portal to help partners tailor its IT management and security solutions to fit seamlessly into their unique environments, streamline daily workflows, use advanced APIs to provide managed services faster and with greater consistency and connect rapidly with N-able Technology Alliance Program (TAP) partners for maximum tech-stack flexibility. Nicole Reineke, Distinguished Product Manager, AI Strategy at N-able, said: “This is your new AI assistant to help you automate at scale, to integrate seamlessly with N-able APIs and take your IT and security services to new levels of efficiency and success.” developer.n-able.com TECHDIGEST ...continued Yorkshire ITAD company targets defence sector Yorkshire-based S2S Group, an IT Asset Disposition (ITAD) specialist with sites in Rotherham, London and Glasgow, is targeting growth of 20% this year, after increasing turnover by 8% to £4.29 million in 2024. It aims to achieve this by continuing to develop and invest in its data-wiping services and by increasing its market share in the defence sector. Founded in 1987, S2S Group, a Blancco Technology Group ITAD Gold Partner, offers data destruction, recycling and recovery, data centre and specialist imaging and deployment services. It is Cyber Essentials Certified and currently employs 43 people. https://s2s.uk.com/ The senior management team at S2S Group. Back row (l-r): Paulina Pieprzyk, Operations & Logistics Manager; Grant Barton, CEO; Kerry Arnold, Business Development Manager; David Woodriff, Group Commercial Director; Rachel Hall, Chief Operating Officer. Front row: Chris Hare, Chief Commercial Officer; Rachel Langham, Accounts Manager; Faye Fowler, HR Manager; Matthew Smith, IT Asset Disposition Manager. L-R: Mike Rees, Investment Manager at Praetura; Jimmy Hosang, Founder at Mojo; and Camilla Greenwood, Investment Director at Praetura
RkJQdWJsaXNoZXIy NDUxNDM=