Energy sector stories - Page 8

IFS Ultimo plans to quadruple its indirect sales by 2030, expanding its partner network across key global regions and enhancing its EAM software offerings.

PrePad has secured USD $2.8 million in seed funding to bolster its oil and gas drilling software solutions following support from Devon Energy and Chevron.

The enterprise IoT market is set to bounce back in 2025, with a projected annual growth rate of 14% driven by AI and software solutions, says IoT Analytics.

Panzura has unveiled an integration of its Symphony platform with IBM Storage Deep Archive, enhancing data archiving with secure, low-cost solutions.

IGEL has unveiled its Managed Hypervisor, enhancing security for legacy operating systems on modern hardware, bolstering enterprise IT infrastructure.

NetFoundry unveils an enhanced operational technology security platform aimed at bolstering critical infrastructure protection across multiple environments.

Research by IoT Analytics predicts that industrial automation spending will soar to USD $350 billion by 2030, revealing key trends across major global players.

Worley partners with Dell Technologies to launch an AI Factory, aiming to revolutionise project delivery and enhance innovation within sustainable energy.

GlobalLogic has launched VelocityAI, an AI suite designed to enhance efficiency, promising a 30% boost in productivity and a 25% quicker time-to-market.

Dragos has reported an alarming 87% rise in ransomware attacks on industrial organisations, highlighting critical vulnerabilities in operational technology and infrastructure.

Versa has launched Sovereign SASE, enabling enterprises to customise networking and security services from their own infrastructure, catering to evolving data privacy needs.

Cybercrime has overtaken state-sponsored hacking as the main online threat, with healthcare and energy sectors particularly vulnerable, warns Google.

Amadeus has appointed Carol Borg as Chief Financial Officer, effective 5 May, bringing over 30 years of finance expertise to the travel tech leader.

India's rapid digital growth boosts economy but increases cyber threat risks, targeting sectors from energy to healthcare, warns expert Shibu Paul.

EPAM Systems is expanding its partnership with Google Cloud to deliver AI-powered solutions across media, energy, and retail sectors, driving digital transformation.

Trustwave's 2025 cybersecurity threat report reveals a staggering 80% rise in ransomware attacks targeting the energy and utilities sector, highlighting urgent security concerns.

A flurry of central bank meetings and the latest US jobs data will draw the focus of attention in the coming days, while the price of oil will also.