Rising data volumes pose challenges and opportunities for UK businesses
25 June 2025
A new study highlights the increasing reliance on data-driven insights among UK businesses amid growing competition and economic uncertainty.
According to research conducted by Splunk, 58% of IT decision makers express concerns over the rapid expansion of data within their organisations, citing issues related to security, compliance, and operational risk. The survey, which polled 500 IT leaders from companies with 250 or more employees, found that 97% have experienced a surge in demand for data insights over the past two years. Additionally, 29% of these decision makers reported their data volumes have doubled in the last three years, with 11% seeing their data triple or more.
Find out more OnBuy implements AI-driven product categorisation
24 June 2025
OnBuy has introduced a new AI solution designed to enhance product categorisation accuracy and boost sales.
The AI-powered auto-categorisation tool, utilising a bespoke model combined with advanced vector database technology, has successfully classified over 20 million products across more than 6,600 categories in just six weeks. The company estimates that manually performing this task would have taken a team of five over twenty years and cost more than £4 million, highlighting the significant efficiency gains achieved through automation.
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ITS Technology Group secures £3.5 million dark fibre contract in Carmarthenshire
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20 June 2025
The ITS Technology Group has announced it has secured a £3.5 million contract to deploy a dark fibre broadband network across Carmarthenshire in southwest Wales, marking its first project in South Wales.
This initiative is part of the Swansea Bay City Deal’s Digital Infrastructure Programme, aiming to enhance connectivity for public sector sites and drive regional digital transformation.
Find out more National Security Review to include a wider array of categories
18 June 2025
The UK government is reportedly planning to broaden the scope of its upcoming National Security Review (NSR), set to be published next week, to include a wider array of spending categories.
According to The Telegraph, this expanded definition would encompass not only traditional defense elements like a potential third runway at Heathrow Airport but also critical infrastructure such as food prices and rural broadband initiatives — including schemes like the £5 billion Project Gigabit.
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