CFOtech Canada - 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

2 days ago
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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

3 days ago
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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

3 days ago
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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

4 days ago
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data protection
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cloud security
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

4 days ago
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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

6 days ago
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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

Last week
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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

Last week
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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

Last week
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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

This month
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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

This month
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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

This month
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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

This month
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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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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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Aquablue opens Morristown HQ after 40% workforce rise

Last month
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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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Ottawa IT firms merge to boost cybersecurity advisory

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Ottawa IT firms Fuelled Networks and Intega IT combine to deepen cybersecurity and AI advisory services, while staying locally owned under Intega IT.
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Avison Young picks CGI for AI managed services boost

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Avison Young deepens CGI tie-up with AI-managed tech support as the real estate adviser modernises digital platforms and boosts operational insight.
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Rimini Street wins three Stevie Awards for support

Last month
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Rimini Street clinches triple Stevie Awards for AI-powered support and stellar service, as judges hail GBP £10B client savings impact.
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Abacus adopts single brand after Medicus IT merger

Last month
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advanced persistent threat protection
Abacus unveils a single global brand after its merger with Medicus IT, uniting financial and healthcare cybersecurity under one banner.
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InDebted launches Release for later-stage debt transfers

Last month
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InDebted has launched Release, a late-stage debt transfer product for clients in Australia, New Zealand and Canada, as an alternative to sales.