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Temenos loses licence revenues and CEO
Banking software provider Temenos has announced a dismal performance on Q2 licence sales. It’s also losing its CEO. If things already seemed tough for the Geneva-based firm, they just got even...
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Aveva 'powers' on
In his morning note, George O’Connor at Panmure Gordon describes Aveva’s Q1 trading update as “anodyne” – a perfect description. However, for Aveva, seeing “no change in its demand environment”, which...
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Fujitsu's PSN plans take shape
The UK government’s two main Public Services Network (PSN) procurement frameworks have now been published – see 29 suppliers listed on PSN Services framework and 12 PSN Connectivity suppliers chosen....
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Infosys gives up quarterly guidance in wake of horror Q1
For the first time that I can remember in my several years of tracking the company, second-ranked Indian offshore services player, Infosys, failed to give a forecast for the following quarter’s...
View ArticleTCS shows Infosys a clean pair of heels
It was quite a different story for the Indian offshore services leader, TCS, compared to Infosys (see Infosys gives up quarterly guidance in wake of horror Q1). TCS saw its Q1 revenues (to 30th June)...
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G4S under the cosh over Olympics security
Support services giant G4S has hit the news for all the wrong reasons, over its £300m contract to run the physical security at the London 2012 Olympics. G4S is supposed to have 10,000 security...
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SAP software flew out the doors in Q2
The early indications are that SAP has had a bumper Q2 following its muted Q1 which was blighted by sales execution problems in North America (see here). The Q2 prelims recall the euphoria of its year...
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Currency Cloud gets the Notion for more funding
City-based currency exchange cloud start-up, Currency Cloud, has attracted £2m of funding from (ex-MessageLabs entrepreneurs) Jos and Ben White’s Notion Capital. This is Notion’s first investment from...
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EMIS in good health at half time
A half time update from leading GP systems supplier EMIS shows it got off to a good start to the current year, after a very positive end to last (see EMIS delivers healthy full year report (update))....
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Fads
I have an increasingly uneasy feeling about the longevity of the many of the companies involved in the ‘social media’ phenomenon. Earlier this week – See Linkedin no bubble – I wrote about how, on the...
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iGate holds its own
Given the challenges that India-centric but California-headquartered IT services firm iGate has faced since acquiring and then delisting Patni (see Bye bye, Patni), let alone the turmoil in global...
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itelligence finds a Blueprint for growth
Frankfurt-based SAP consultancy itelligence has acquired London-based SAP Business Objects consultancy, Blueprint Management Systems. Terms were not disclosed, but Blueprint recorded revenues of just...
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SThree H1 shows benefits and costs of diversification
Recruitment player SThree has confirmed it managed to grow revenue and gross profit in the first half of FY12 (to end May). That’s despite a “deterioration in the macro-economic situation” that was...
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Sage steady amid “toughening” conditions
Shares in Sage are down 3% this morning, following a management statement covering the period since the beginning of April. The company observes that the environment is “toughening”, but notes no...
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G4S taking up to £50m charge for Olympics fiasco
Following the wall to wall coverage of G4S’ Olympics security ‘shambles’ over the weekend and late last week (see G4S under the cosh over Olympics security), the support services giant has said it...
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Diversity of Performance revisited
I am in the course of updating my predictions for my ‘The Last Time’ presentation. I first introduced the Diversity of Performance theme in 2005. Basically, for 4 decades just being in tech meant that...
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CGI/Logica deal all but done and dusted
Logica shareholders did not seem to have any second thoughts about accepting CGI’s 105p a share offer even as employees were yet to be convinced (see Logica workers – more questions than answers on...
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Sage to outline growth plans
Following its brief update yesterday (see Sage steady amid ‘toughening’ conditions), Sage has whet the appetite for attendees of its investor day today, with the news that they will learn of its new...
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Computacenter highlights H1 services growth
Shares in Computacenter are up 2% this morning following an update from the company on its revenue performance in the first half (to end June). The growth in the services business is very positive, as...
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Yahoo! poaches Google exec for top job
After the departure of its previous CEO Scott Thompson in May (see Whither Yahoo?), embattled internet giant Yahoo surprised the markets with the appointment of long-time Google exec Marissa Mayer, as...
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