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Microsoft partners Dimension for mixed reality


By Hannah McGrath

Dimension, a mixed reality (MR) technology company, has partnered with Microsoft to create new interactive digital experiences. The London and Newcastle-based company, which has developed interactive digital experiences with Madonna, Michael Bublé and tennis player Andy Murray has become a Microsoft mixed reality partner, meaning its content can be experienced via mobile phones, tablets, laptops and headsets such as Microsoft HoloLens.


Temporall makes £1m in seed funding

Temporall, a UK-based startup founded by a former Google global director, has announced a £1 million seed funding round led by venture capital firm Luminous Ventures. The artificial intelligence-based analytics platform is designed to give key performance insights to leadership teams.

Government appoints True Layer for payments initiation

TrueLayer has been appointed to the government’s Crown Commercial Service’s (CCS) payment acceptance framework for payments initiation. The agreement means the company’s Application Programming Interfaces (APIs) can provide public sector organisations with its Payment Initiation Service (PIS).

Tech Nation names new chair

Tech Nation has announced Stephen Kelly as its new chair, succeeding Eileen Burbidge, who has served since 2015. He has had a long career in the tech industry, starting at Oracle in 1988 as an executive of the European management team. After nine years there, he joined Californian enterprise software startup Chordiant, becoming chief executive in 2001.

Cisco to acquire ThousandEyes

Cisco has announced its intent to acquire privately held cloud intelligence platform ThousandEyes. A statement explained that by bringing together Cisco’s strength in network and application performance with ThousandEyes’ visibility into the internet, customers will now have an end-to-end view into the digital delivery of applications and services, allowing them to pinpoint deficiencies and improve network and application performance across enterprise and cloud networks.

Cloud storage firm Wasabi raises $30m

Cloud storage company Wasabi has raised $30 million in funding to fuel further expansion.
The Boston-based company, which specialises in ‘hot cloud storage’ said the round brings total funding since it was founded in 2015 to $110m.

Bristol Airport installs new anti-drone system

Digital Global Systems (DGS) and telent have agreed a three-year contract to install the CLEARSKY Drone Threat Management system at Bristol Airport, marking the first UK deployment of the system. The system was developed by DGS in response to the rising threat of unauthorised drone usage at critical infrastructure sites, including airports.

Marqeta valued at $4.3bn after $150m funding

Card issuing platform Marqeta has raised an additional $150 million in new capital from an unnamed institutional investor, valuing the company at $4.3 billion. This latest financing follows its $260 million equity financing in May 2019, which was led by Coatue and included participation from Vitruvian Partners. Marqeta is also backed by Visa, Goldman Sachs, 83North, Granite Ventures and ICONIQ Capital.
UK joins Coronavirus computing consortium

The UK has joined the global COVID-19 High Performance Computing (HPC) consortium. Science minister Amanda Solloway announced the plan at a virtual meeting of G7 science and technology ministers, explaining that it will give UK researchers and scientists access to the world’s fastest supercomputers.

Two thirds 'fail to complete legacy system modernisation projects'

More than two thirds of organisations (67 per cent) have started a legacy system modernisation project but failed to complete it, according to Advanced. The IT services provider’s 2020 Global Application Modernisation Business Barometer Report was carried out online by Coleman Parkes throughout March and April, with a sample comprised of 400 people working for large enterprises in Europe and the US with a minimum annual turnover of $1 billion. Of these, 100 people worked for organisations in the UK.

Microsoft Azure and Workday partner for enterprise planning

Microsoft and Workday have announced a strategic partnership prioritising enterprise planning in the cloud. Workday customers will also be able to run its Adaptive Planning software on the Microsoft’s Azure cloud and Microsoft will adopt Adaptive Planning for its global finance teams for planning, budgeting and forecasting.

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Whatever happened to the blockchain revolution?

Devised by the mysterious presumed pseudonym Satoshi Nakamato in 2008, blockchain’s immediate application was to serve as a transaction ledger for the cryptocurrency Bitcoin. Yet, despite more than a decade of talk about how blockchain was set to disrupt and revolutionise numerous industries, the technology has yet to really make its mark on any big business – with scalability, security and regulatory concerns holding it back.

Looking into the quantum future

When the Austrian physicist Erwin Schrödinger famously conducted his cat in a box experiment and concluded the cat could be simultaneously dead and alive until the observer opened the box, it highlighted, despite such a seeming absurdity, the much wider issue of how quantum systems can operate in multiple states until observed or measured.Fast forward to the 21st century and its relevance is becoming increasingly clear, with quantum computing eventually set to supersede the classical (binary) computing we have now. But what is it? And how far off is it?

Can tech save the world?

Whether it be from David Attenborough’s documentaries, Greta Thunberg’s teenage activism or the Extinction Rebellion protests, it’s hard to miss the message about the earth’s impending climate catastrophe. But as governments miss environmental action targets, corporations greenwash their way to shareholder satisfaction and individuals struggle to make any impact, perhaps salvation comes from the variety of tech startups trying to make a difference.

The increasing meaninglessness of AI

The term artificial intelligence (AI) has become one of the most ubiquitous in the tech sector, with companies from financial services to retail, healthcare to agriculture all claiming to be harnessing the power of algorithmic automation. But in the rush for competitive advantage, many may be spending money and time on irrelevant technology and further confusing consumers on what actually constitutes AI.

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