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iJento’s intelligent sight attracts $8m funding
Notwithstanding the tortuous play on words, management at Oxford-born web analytics developer, iJento (formerly Site Intelligence) must be delighted with the $8m funding round led by London-based MMC...
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Netsuite expanding on all fronts
There were plenty of positive metrics in cloud ERP NetSuite’s Q3 results, from revenue that exceeded expectations to a rise in the average selling price, but losses mounted too. Ongoing and rising...
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Quindell counts chickens
In an unusually timed afternoon stock exchange release, buy and build insurance business process services player Quindell Portfolio advised that they have “verbal agreements” on deals with five...
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Serco ups value of AEGON deal
UK-headquartered support services giant, Serco, has put a total contract value of £170m on its ten-year outsourcing deal with the UK arm of Netherlands-based insurance multinational, AEGON, some £20m...
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‘Exceptional’ first half boosts Blinkx
California-headquartered but AIM listed video search technology group (and Autonomy spin-out), Blinkx, looks like it had a good first half (to 30th Sept.) with revenues expected to come in at around...
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Apple says goodbye to Forstall and Browett
Can’t remember ever before reporting of firings at Apple. Last night Apple announced that Scott Forstall had been fired. He was i/c of mobile/iPhone software and had been on stage only a few weeks...
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Banking sector drags on Steria UK
Despite continued growth (+2%) in its dominant public sector business (>50% of the total) and growth in the Utilities, Transport and Telecoms sector (+1%), Steria’s UK revenues contracted by 1%...
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Mahindra Satyam has a not-quite-stellar quarter
The press release headline reads “MSat reports stellar Q2 performance!”, though perhaps their over-exuberance is more an expression of sheer relief that ‘born again’ Indian offshore services firm,...
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Salesforce.com: cat among G-Cloud pigeons?
It was not one of the vendors who took part in Phase 1 of the G-Cloud programme but Salesforce.com has now joined the G-Cloud framework. It stands out amoung the many vendors who are signing up...
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Swings and roundabouts at Software AG
It was swings and roundabouts for Software Q3 during Q3. A marketing push paid off, resulting in an 8% uplift in licence sales to (€81m) but overall revenue was down 6.4% to €257m and net profit...
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Fujitsu weighed down by economic woes in Europe
Fujitsu has announced its results for the six months ended 30th September 2012. Net sales were 1,114.4bn yen ($14.2bn), which is flat over the same period last year. Sales outside of Japan fell by 3%...
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No ‘profit improvement’ for 1Spatial
1Spatial, the self-styled ‘business technology and profit improvement specialist’ rather failed to take its own medicine, turning last year’s first-half £843k net profit into a £1.1m net loss (six...
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SciSys strengthens German space business
SciSys has acquired a small German space software consultancy, MakaluMedia Internet & Engineering Services, as part of its stated strategy of ‘accelerating growth through appropriate...
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Storms
I guess most HotViews readers have visited New York City and New Jersey. So the devastation caused by Sandy really does bring it home when you recognise many of the scenes and have so many friends who...
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System C duo launches new healthcare IT venture
We didn’t think it would be long before the founders and former directors of System C Healthcare, which was acquired by McKesson in 2011 for £87m, made another appearance on the UK healthcare IT...
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Another respectable quarter for Hexaware
Mumbai-based mid-tier IT/BP offshore services firm, Hexaware, hit its headline growth targets, reporting Q3 revenues (to 30th Sept.) of $92.8m, 1.7% higher than the prior quarter. However, operating...
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Blur performance still opaque
In its first update following its AIM listing last month, online business service exchange provider Blur emphasised growth in exchange activity but its Q3 update did not include revenue numbers. There...
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BT Global Services takes another hit in Q2
It was another quarter of eking out profits on declining revenues in a tough market for BT. Q212 saw group revenue drop 9% yoy to £4.47bn, and it was essentially flat compared to Q1 (£4.48bn). PBT was...
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Parity steady as she trundles
There’s no real meat in today’s trading update from IT recruitment-cum-project services-cum digital media star Parity other than to say that the business is on track to meet market expectations. That...
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Shares Indices October 12
The main highlight – or should that be lowlight? – for shares this month was the dire performance of many of the biggest tech companies on NASDAQ. This led to a 4.5% decline in the index – although...
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