Jon C Davies

Cardiff-based insurtech, Peppercorn AI, has successfully raised £3.25m in new funding. The cash injection was provided by a variety of investors including, EHE Capital and Angels Invest Wales. The company previously secured £1.8m in seed funding from EHE Capital in April 2022.

DXC Technology has recruited Patrick Thompson (pictured below) to the role of Senior Vice President, Enterprise Transformation to help lead the company’s ongoing drive for growth. Thompson is experienced at leading corporate transformations and has held similar roles with US energy company Albermarle, US care provider, Amedisys and US steel company, The Shaw Group. Thompson holds a degree in Accounting with Computer Science from Louisiana State University.

UK-based loan management specialist, Alfa Financial Software, has issued a trading update highlighting some encouraging operational successes and emphasising the company’s confidence in its prospects for continued strong growth.

DXC Technology has appointed Cameron Art (pictured below) as General Manager of its UK&I and Americas regions, effective 1st May 2024. In his new role, Art will report directly to CEO, Raul Fernandez, and will be responsible for developing the growth strategy for the UK&I and Americas, building client relationships, go-to-market and sales. Art will also lead DXC Technology's global strategic deals team, focusing on complex, multi-year deals.

Bringing you opinionated, authoritative research & analysis on the UK technology scene.

Bringing you opinionated, authoritative research & analysis on the UK technology scene.

Controversial US defence contractor, Palantir, has issued lower than expected guidance for its full year, despite healthy revenue growth during the first three months of its new fiscal. Palantir, which provides data and AI solutions to the public and private sector globally, saw first its quarter revenue increase by 21% to $634m and reported quarterly net income of $105.5m.

Irish regtech specialist, Corlytics has announced another addition to its portfolio with the acquisition of a UK focused RegTech platform developed by Deloitte. As a result of the deal, Deloitte UK Partner and Head of RegTech, Kent Mackenzie, will join Corlytics as COO, along with 16 other Deloitte staff. The move follows hot on the heels of the news in April that investment firm Verdane had taken a majority stake in Corlytics.

Bringing you opinionated, authoritative research & analysis on the UK technology scene.

Bringing you opinionated, authoritative research & analysis on the UK technology scene.