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Local government software supplier? Watch out, IDOX is about!
Continuing its acquisition spree (see IDOX’s Grantfinder acquisition cleared, IDOX takes on challenge with McLaren purchase, and IDOX votes for electoral management services business, local government...
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Stately progress for Patni ahead of changing state
Soon-to-be-acquired Indian SI, Patni, turned in a more modest quarter than peers, with revenues (to 31st Dec.) up 2% qoq to $179m, putting FY revenues at £702m, 7% higher yoy. Operating margins ticked...
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Xchanging’s founder falls on his sword
‘The other’ UK-based BPO player, Xchanging, is parting company with its founder and CEO David Andrews and issued a profits warning. Andrews will be replaced immediately by CFO Ken Lever, who will take...
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Focus Solutions joins Dearly Departed
We note that today is the day that financial services software firm Focus Solutions exits AIM after its acquisition by Standard Life (see Focus Solutions celebrates Standard Life bid). We sincerely...
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IFS ready for more acquisitions
FY10 results for Swedish ERP vendor, IFS Group, were markedly impacted by currency fluctuations. Total revenue decreased by 1% to SKr2,585 million, but up by 4% when adjusted for currency (though the...
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Telecity so hot they pay in advance
Further to Anthony’s article - Telecity shows that Sticking to Knitting pays – earlier today, I was intrigued to read the following comment in George O’Connor’s (Panmure Gordon) morning note. “Very...
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The game has changed
It’s now eight years since I introduced the world to Holway’s Martini Moment – the day when you could access the internet anytime, anywhere and from any device. I celebrated that day several years ago...
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Nokia torn between burning alive or drowning
Although we all knew that Nokia was in serious problems with its response to the ever powerful smartphone onslaught, (see my earlier post The game has changed reporting on more smartphones than PCs...
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HP to launch webOS PCs
I’m sure you will read much in today’s newspapers about the new trio of devices launched by HP last night – two phones (Veer and Pre3) and a tablet (HPTouchpad). The specs look pretty attractive....
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NHS considers terminating CSC ‘black hole’ contract
While most eyes were transfixed by CSC’s Q3 ‘miss’ and profit warning, we were more concerned about the news that the implementation of Lorenzo Release 1.9 at Pennine Care NHS Foundation Trust has...
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Xchanging founder falls on his sword (update)
After the profit warning and announcement that founder and CEO David Andrews had resigned (see here), I sat on an analyst and investor call with Xchanging management. What became clear is just how...
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Wipro re-org sees Singh climb higher
Though they haven’t quite got around to updating their website with the news yet, new Wipro CEO, TK Kurien’s inaugural reorganisation sees Enterprise Applications Services (EAS) head Sangita Singh...
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Identity matters a lot to GB Group profit
Despite boasting one of the most toe-curling tag lines I have seen for a UK software and IT services firm (GB Group - because identity matters™), identity management specialists, GB Group, seems to be...
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Firstsource’s attrition headache
Attrition remains rampant at Firstsource in Q3 (ended 31 December), with some 55% of people leaving its offshore centres in India and the Philippines during the period. This compares to a similarly...
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RM must pick the school funding 'winners'
Almost half way through its financial year (currently to end September), RM has released a trading update for the period. As usual RM points out that it’s actually pretty difficult to judge the outcome...
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IS Solutions grows revenues & profits in FY10
Another upbeat announcement from AIM-listed web-focused SITS company IS Solutions: both revenue and profits have grown in 2010. Actually it would have had to experience a pretty appalling H2 to have...
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Takeover rumours
As you might have already read in Josh Halliday’s article in The Guardian Would Facebook or Google ruin Twitter? I was asked to comment on the Wall Street Journal’s Twitter’s Suitors Talk in Billions...
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Not such an Equitable Life for HCL
Lots of glum faces as a result of the recent recommendations from the Independent Commission on Equitable Life Payments by the UK Government. Not only will Equitable’s pension holders receive little...
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Nokia joins with Microsoft in mobile
Well, I wasn’t too far adrift in my predictions of what Nokia would announce this morning. See Takeover rumours and Nokia torn between burning and drowning A few minutes ago Nokia and Microsoft...
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Cloud playing bigger role in HP’s financial services business
At HP’s financial services day we got a deep dive into where the company is placing its bets in the sector. This included ‘second life’ avatar-based banking (we’re still not convinced by the way) and...
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