CFOtech US - Technology news for CFOs & financial decision-makers

Outsourcing stories

The concept of the Division of Labour introduced by economics philosopher Adam Smith underpins the modern notion of outsourcing. This describes the allocation of specialist tasks to outside experts capable of doing the job better, while potentially reducing costs and allowing the contractor to focus on core business.

IT services are often outsourced to Managed Services Providers, but anything from data entry to server management can be outsourced to the wide range of specialists available today.
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Vodafone & Google Cloud launch AI & security tools

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Vodafone and Google Cloud widen their SMB push with new Gemini-based concierge and managed cyber defences, starting in Germany and Greece.
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SITA launches managed airport network service with HPE

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SITA rolls out managed campus network for airports with HPE, using cloud controls and AI to cut downtime, simplify operations and scale across sites.
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Tech Mahindra posts higher FY26 revenue & record dividend

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Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.
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Acronis launches AI protection for managed service providers

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Acronis rolls out GenAI Protection for managed service providers to spot shadow AI, curb data leakage and block prompt injection.
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Cognizant named OpenAI Codex partner for enterprise AI

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Cognizant named inaugural OpenAI Codex partner as it embeds the coding tool across engineering work for clients and internal software delivery.
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BlackLine launches AI financial ops model for CFOs

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BlackLine courts finance chiefs with a governance-first AI model and New York innovation hub aimed at making accounting automation auditable.
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KPMG & INSEAD launch AI governance principles for boards

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KPMG and INSEAD urge boards to tighten AI oversight as they warn that weak expertise could leave directors exposed to rising risk and scrutiny.
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WatchGuard & HaloPSA integrate security tools for MSPs

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WatchGuard and HaloPSA deepen ties to let managed service providers handle security alerts, licensing and billing from one workflow.
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Oracle adds Lucinity AI investigation tools for banks

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Oracle expands its financial crime platform with Lucinity's AI investigation tools, aiming to cut compliance workloads for banks and regulated firms.
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Kyndryl launches AI Digital Twin for the workplace

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Kyndryl's AI workplace Digital Twin uses Microsoft Foundry to spot IT faults before staff are hit, as firms seek faster, predictive support.
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Arctic Wolf wins Gartner Customers' Choice for MDR

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Arctic Wolf earns a strong 2026 Gartner Peer Insights showing for managed detection and response, backed by 241 reviews and a 99% recommendation rate.
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KPMG says executives see managed services as key to AI

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Executives now see managed services as a critical route to scaling agentic AI, with most prioritising AI know-how and security over cost savings.
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Creative ITC hires Lewis Pinner as Chief Revenue Officer

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Creative ITC appoints veteran industry executive Lewis Pinner as Chief Revenue Officer to drive overseas expansion and deepen customer growth.
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Flip appoints Amy McDonnell and Lee Nadler to C-suite roles

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Flip names Amy McDonnell Chief Customer Officer and Lee Nadler Chief Marketing Officer as the voice AI firm accelerates growth after a USD $20 million Series A.
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AI prompts clients to question expert fees, report finds

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One in three firms say clients now think AI can do expert work in-house, raising pricing pressure for agencies and consultancies.
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Huntington picks SEI for private bank platform shift

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Huntington National Bank has chosen SEI Wealth Platform to unify its private banking operations, as the lender seeks a more integrated digital wealth service.
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Mphasis completes Flagstar Bank data centre overhaul

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Mphasis helps Flagstar Bank cut six data centres to two in major US modernisation as the lender boosts resilience without disrupting services.
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NIIT MTS named Fosway digital learning strategic leader

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NIIT MTS secures fourth straight Fosway Strategic Leader nod as the learning services business wins praise for its AI-first approach and global reach.
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Aquablue opens Morristown HQ after 40% workforce rise

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Aquablue opens Morristown headquarters as Chief Executive Officer Chris Marino hails expansion after workforce growth of more than 40%.
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Risk Ledger expands into Maryland to target US cyber

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UK supply chain cyber firm Risk Ledger opens a Maryland base to build its US team and tap growing demand for third-party risk oversight.