Small and Medium Enterprise (SME) stories - Page 2

JMAN Group has made history as the first data specialist recognised as an adviser in a private equity exit in the UK, enhancing the role of data in investments.

Employment Hero has more than doubled its annual recurring revenue in the UK, now exceeding GBP £125 million, and increased its workforce by 60%.

CybaVerse has launched its new AI platform aimed at Managed Service Providers, enhancing security delivery and expanding revenue opportunities as cyber threats rise.

Vistage's latest SME Confidence Index reveals a stark decline in economic optimism, dropping from 107.1 to 91.4, as 69% of SMEs report worsening conditions.

Vistage's latest SME Confidence Index reveals a significant decline in economic optimism, coinciding with the appointment of Rebecca Drew as Managing Director.

An expert panel has raised concerns about government support for UK tech innovation, highlighting gaps that threaten the growth of SMEs seeking R&D funding.

A CommBank survey reveals almost 80% of Australian small to medium businesses struggled with cash flow last year, prompting various strategies for relief.

Canada's government has announced an investment of over CAD $7.3 million towards eight projects aimed at boosting local businesses in Quebec's Outaouais and Laurentides regions.

London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.

Kaspersky's report reveals that 88% of businesses faced cyber attacks last year, highlighting the urgent need for improved network security measures.

Chris Wilson has been appointed Chief Financial Officer at payments platform Ecommpay, bringing a wealth of experience from the music and finance sectors.

Gamma plans to acquire STARFACE Group from Maxburg to strengthen its foothold in Europe's cloud communications market, pending regulatory approval.

In response to TikTok's Messaging Ads launch in New Zealand, Respond.io has introduced an AI-driven solution to help businesses streamline communication.

The UK government has unveiled its AI Opportunities Action Plan, prompting businesses to reconsider investments in AI amidst rising employer tax costs.

As cyber attacks rise dramatically, boards are urged to take an active role in shaping effective cybersecurity strategies to safeguard organisations.

The Asia-Pacific region is experiencing a payment revolution, with realtime transactions surging to 185.8 billion in 2023, reshaping financial interactions.

Respond.io and TikTok have launched an AI-driven tool aimed at enhancing customer interactions for SMEs, targeting the USD $4.1 trillion financing gap.

Employment Hero has acquired Canadian platform Humi for over CAD $100 million, aiming to expand into Canada’s SME market with tailored employment solutions.

The International Workplace Group forecasts significant shifts in work practices by 2025, warning that enforcing daily office attendance may trigger mass resignations.

Cybersecurity firms are bracing for a surge in AI-driven threats by 2025, with SMEs particularly vulnerable to sophisticated phishing and data breaches.