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Home Business

Ultima Business Solutions appoints new Chief Financial Officer

by Rohan Mathawan
July 18, 2024
in Business, Tech, Trending
Reading Time: 2 mins read
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Jamie Beaumont

Jamie Beaumont

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Jamie Beaumont joins Ultima as CFO with extensive experience in mergers and acquisitions, growth businesses and AI technology.

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Ultima, the leading AI powered technology provider for UK business, is pleased to announce the appointment of Jamie Beaumont as its new Chief Financial Officer, effective from Monday 1st July 2024.  Jamie will assume the CFO role immediately and will be responsible for overseeing Ultima’s financial strategy, planning, reporting and operations.

Jamie brings a wealth of experience in finance, mergers and acquisitions, strategy and corporate development. He has advised and worked with clients and businesses across a range of industries, including residential property, furniture, AI and speech recognition.

A graduate of Oxford University, Jamie started his career at PwC, where he qualified as a Chartered Accountant and spent four years as an adviser in mergers and acquisitions. He then joined David Phillips Furniture, the leading provider of furniture and related services to the residential property sector, where he led the business to double turnover and treble profitability through organic and acquisitive growth and MBO with FPE (formerly Fleming Family and Partners).

After David Phillips, Jamie moved to LSL Property Services plc, where he developed and oversaw their acquisition strategy and corporate development. After LSL, he moved to Tangent Communications PLC, a digital media business, where he helped take the business private and to restructure for growth.  Most recently, Jamie was the COO for an AI company building speech recognition technology designed for children, which was successfully acquired in November 2023.

Ultima’s CEO, Scott Dodds, said: “We are delighted to welcome Jamie to Ultima as our new CFO. He has a proven track record of delivering financial excellence, driving growth and creating value for businesses. He also has valuable experience in the value and application of AI, which is key to Ultima’s vision and strategy. Jamie will be a great asset to our leadership team and our company as we continue to expand and innovate on our portfolio of solutions and services to provide our customers with the resilience and reputational growth needed to achieve their goals.”

Jamie Beaumont said: “I am very excited to join Ultima as CFO and to be part of this dynamic and fast-growing company. Ultima has a strong reputation for delivering high-quality solutions across cloud, security, digital workspace, AI and automation with teams of technology experts that are second to none.   I am really looking forward to working with Scott and the rest of the team to support Ultima’s future growth, profitability and value creation.”

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Rohan Mathawan

Content Editor at Techstory Media | Technology | Gadgets | Written more than 5000+ articles about different niches from Tech to online real money gaming for reputed brands and companies. Get in touch Email: rohan@techstory.in For Business Enquires related to TechStory Info@techstory.in

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Are CVT Transmissions Reliable? What Drivers Need to Know Before Buying

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June 25, 2026
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Continuously Variable Transmissions, better known as CVTs, have become one of the most debated features in modern cars. They are praised for fuel efficiency and smooth city driving, but many buyers still hesitate when they see CVT listed on a spec sheet. The short answer is yes, CVTs can be reliable. But reliability depends heavily on the manufacturer, model year, driving habits, and maintenance history. A well-designed, properly maintained CVT can provide years of trouble-free service. A neglected one can become an expensive headache. Unlike a conventional automatic transmission, which uses fixed gears, a CVT uses variable pulleys connected by a steel belt or chain. This allows the engine to stay within its most efficient rev range, helping improve fuel economy and reduce jerky gear changes. The trade-off is that the system can be more sensitive to heat, fluid condition, and heavy loads. Why CVTs Earned a Mixed Reputation CVTs did not gain their reputation overnight. Some early models, particularly from the late 2000s and early 2010s, experienced issues such as overheating, hesitation, shuddering, and premature failure. Nissan’s older CVT-equipped cars are often mentioned in these discussions, and those experiences shaped public perception of the technology. However, it is important not to judge every CVT by the same standard. Modern versions have improved significantly through better cooling systems, updated software, stronger internal components, and more refined calibration. Brands such as Honda, Toyota, and Subaru have also continued to improve their CVT systems over time. Toyota’s hybrid e-CVT deserves a separate mention. Despite the name, it works differently from a belt-driven CVT and has developed a particularly strong reputation for durability in hybrid vehicles. Maintenance Makes the Biggest Difference A CVT is not a fit-and-forget component. The transmission fluid plays a crucial role because it lubricates the internal parts, controls hydraulic pressure, and helps manage heat. When the fluid becomes old or contaminated, the belt, pulleys, and bearings can wear faster. Many specialists recommend changing CVT fluid between 30,000 and 60,000 miles, depending on the vehicle, driving conditions, and manufacturer guidance. A drain-and-fill service is generally preferred over an aggressive pressurised flush. Using the exact fluid specified by the automaker also matters, as CVT fluids are not interchangeable with regular automatic transmission fluid. Drivers who regularly tow heavy loads, drive in extreme heat, tackle steep roads, or spend long hours in stop-start traffic should be especially careful. These conditions raise transmission temperatures and place more strain on the system. Warning Signs Owners Should Not Ignore A healthy CVT should feel smooth and predictable. If the car begins to shudder while accelerating, produces a new whining noise, hesitates when moving into Drive or Reverse, or revs without gaining speed, it is worth getting checked quickly. Ignoring early symptoms can turn a manageable fluid, sensor, or software issue into a full transmission replacement. That is where CVTs can become costly, because many units are replaced rather than rebuilt. The Verdict CVTs are not automatically unreliable, and they are not automatically the best choice for every driver either. For everyday commuting, city use, and fuel-conscious buyers, a modern CVT can be a sensible option. It delivers smooth performance and often better fuel economy than a conventional automatic. For buyers who tow regularly, drive aggressively, or want a transmission built for high torque and hard use, a traditional torque-converter automatic may still offer more confidence. The smartest approach is simple: research the exact model and year, check service records carefully, and do not skip CVT fluid maintenance. The badge on the car matters less than the engineering behind it and the care it receives.

Continuously Variable Transmissions, better known as CVTs, have become one of the most debated features in modern cars. They are praised for fuel efficiency and smooth city driving,...

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