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CGI loses pace in Europe
We may not get to see any financial detail on how Logica fared in the first half of the year, having ditched its reporting calendar once its acquisition by CGI passed muster (see CGI/Logica deal all...
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Financial markets uncertainty hits Fidessa H1
The continuing uncertainties and difficult trading conditions in financial markets around the world have put a dent in the growth of Fidessa, although it was in its home territory of the UK that the...
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Steria tops Atos and Capgemini worldwide revenue growth in H1
The first line of Steria’s H1 results statement appeared to be setting us up for a disappointing set of results. Perhaps though, it was a clever psychological trick, because after lowering...
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Allocate Software: good growth & RealTime acquisition
Allocate Software has put in a very creditable performance in challenging market conditions, reporting revenue growth of 22% (10% organic) to £36.6m in FY12 and 10% growth in EBITDA (before...
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Can anyone challenge IBM and Accenture in Brazil?
They are the undisputed leaders in the Brazilian IT services marketpalce, by some estimates holding more share between them than the next six players put together. With IBM commanding 10% of the...
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Cloudy intY sees fine Weather ahead
Bristol-based ‘cloud aggregator’ intY (no, I don’t understand the dodgy capitalisation either) has been snapped up by Weather II, the telecoms investment vehicle owned and run by Egyptian billionaire...
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DoH awards contact centre services framework
According to OJEU, the Department of Health (DoH) has established a framework agreement for the provision of health-related managed contact centre services and awarded contracts to four players:...
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Hexaware holds head high
They may be a mid-tier player, but Mumbai-based IT/BP offshore services firm, Hexaware, is no growth slouch compared to its much larger peers. Headline revenues for Q2 (to 30th June) grew by 22% yoy...
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Kirona and Xmbrace join forces
We noted an interesting acquisition at the end of last week by one of the UK’s up and coming smaller software firms. The outfit in question is Cheshire-based Kirona, a specialist in mobile scheduling...
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Mixed messages as Corero switches currency
Mixed business, Corero Network Security, sent out mixed messages on H1 performance, with reference to ‘strong’ order intake (i.e. bookings, not revenues) counterbalanced by caution on European sales...
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New brooms to sweep clean at CWW
Following approval of its acquisition of Cable & Wireless Worldwide (CWW), Vodafone has announced sweeping changes to the upper echelons of CWW. It’s essentially bringing in a complete new...
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Pandorga turns offshore delivery into two-way trade
In my many trips to Brazil over the past few years, I have formed the view that (despite what their industry association Brasscom may feel) Brazil is not a prime candidate for low-cost offshore...
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CGI goes Countrywide – without Logica apparently!
Montreal-based CGI has won a major IT outsourcing contract in its own right with UK property services group, Countrywide, days before its acquisition of Logica is done and dusted. The deal is worth...
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Mouchel spends a penny to lighten debt
One penny per share is the treat in store for investors in - well, the word ‘troubled’ doesn’t even begin to describe its plight – UK infratstructure services BPO play, Mouchel. As portended earlier...
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StatPro's move to the cloud progressing well
StatPro’s H1 results reveal the asset management portfolio analysis provider is managing to hold its ship steady as it transitions to a SaaS-only model. Revenue is up 3% at mid-year to £16.1m and a...
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Xchanging passes its nadir
Last year's results were as ugly as we had expected (see Xchanging ‘stabilised’ but still in ‘transition’). But the news at half-time suggests that perhaps the worst is over for UK business process...
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SciSys: Turned around by Love
The Scisys journey (from Science Systems to CODASciSys and back to SciSys) has been an interesting one to watch and has had many ups and downs along the way. But the transition, under the watchful eye...
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Share indices in July 2012
July was a more muted month for the key indices, but at least they were all in positive territory. Tech Hardware hit double-digit growth, but that only served to return it ‘above the line’ for the...
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Atos gets bigger PIPs!
Atos has been named the main beneficiary of the contracts awarded by the Department for Work and Pensions to deliver Personal Independence Payments assessments (see Capita ‘PIP’s for central England...
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Capita ‘PIP’s for central England and Wales
UK BPO leader Capita has been awarded one of three contracts by the Department for Work and Pensions to deliver Personal Independence Payments assessments. Capita will look after central England and...
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