Professional services stories - Page 10

AI boosts efficiency in professional services, but human expertise and trust remain crucial, driving a new value and pricing model in law and finance.

Evergreen has acquired three Alberta managed service providers, boosting its Lyra Technology Group with over 80 IT professionals amid Canada's booming MSP market.

Cognizant set a GUINNESS WORLD RECORD with 53,199 staff in a global AI hackathon, creating over 30,600 ideas to boost innovation and AI skills.

China-linked hackers MURKY PANDA exploit trusted cloud relationships to conduct cyberespionage against North American government and tech sectors.

Ransom payments soared to an average of USD $1.13 million in Q2 2025, driven by rising data theft and targeted social engineering attacks, Coveware reports.

Ransomware payouts have surged past USD $1 million in Q2 2025, driven by data exfiltration and social engineering in targeted attacks on mid-sized firms.

Despite deep research and technological advances, consulting remains a resilient industry, continuously adapting and thriving in changing markets.

Onix has acquired UJET's professional services unit to enhance AI-driven customer engagement solutions on Google Cloud across multiple industries.

Ignition and Karbon have integrated to automate billing and workflows, boosting efficiency for accounting firms by streamlining client onboarding and payments.

Unit4 has launched its cloud-native ERPx platform on the Microsoft Azure Marketplace, broadening access for organisations worldwide to its AI-powered ERP solution.

Veeam and HPE strengthen partnership with integrated solutions to enhance data resilience and recovery for enterprises across hybrid and private clouds.

ManageEngine launches MSP Central, a cloud-native platform that unifies MSP operations, boosting efficiency with modular, AI-powered tools and security features.

Ericsson has been named a leader in European private 5G by IDC MarketScape, highlighting its shift towards enterprise mobility and digital infrastructure solutions.

Ignition is developing an AI tool to help service businesses set smarter prices using real billing data, aiming to boost confidence and optimise revenues.

Projectworks has secured NZD $25 million in Series A funding to expand globally, integrating AI tools and boosting its team by 50% amid strong industry recognition.

Contractor and consulting roles surge globally, with Oyster reporting a 46% rise in contractor engagements and a tenfold increase in consulting hires in 2024.

Rimini Street appoints Vijay Kumar as COO to spearhead global growth, focusing on operational efficiency and innovative IT solutions without ERP upgrades.

Siemens launches AI-powered PADS Pro Essentials and Xpedition Standard software to simplify PCB design for small and mid-sized electronics businesses.

Rubrik and Rackspace have launched the Rackspace Cyber Recovery Service to help businesses quickly recover from ransomware in public cloud environments.

Responsive unveils Agent Studio, a no-code platform letting enterprise teams build custom AI agents to streamline compliance, risk, and RFP processes effectively.