As the entire TechMarketView team is on its way to London for our Little British Battler Day we have to limit today’s UKHotViews to a round-up of the headlines as at 7:00am. Normal service will be resumed tomorrow.
Not that there’s much to report locally as yet, other than London based supplier of business process management software for broadcasting companies Pilat Media is to acquire SimpleStream’s 40% holding in OTTilus (see Upgrades take toll on Pilat Media).
Meanwhile, in faraway Bangalore, Indian software and IT services industry association Nasscom has set its sights lower for growth in the offshore services market for FY14 (to March 2014) at 12-14%, broadly in line with the 11-14% growth forecast for FY13. We do not think even this is a shoo-in.
Having said that, 12-14% growth could well be a shoo-in for Indian leader TCS, which media reports suggest has secured a significant uplift to its 2007 contract with consumer and media information services company Nielsen, extending the contract until 2020 and more than doubling the total contract value from $1.2bn to $2.5bn.