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Should we cry over Comet?
There will be much hand wringing over the collapse today of Comet. One clearly feels for the 6500+ staff whose jobs are now at risk and, indeed, the suppliers and some customers who might also lose...
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Wipro demerges (finally)
After some 40 years of being strapped to the back of its founding consumer products businesses, Bangalore-based Wipro’s IT division is finally to be set free. Wipro was established in 1945 as a...
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‘Brazilian Best’ Totvs keeping pace
Brazilian IT Company of the Year, Totvs (see here), is broadly keeping pace in the global ERP scene, turning in Q3 yoy revenue growth of 11% (to 30th Sept.) and lifting operating margins over 4 points...
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Little British Battler Update: Coactiva Aspiren
When we met London-based information management consultancy Coactiva Aspiren early this year (see here), we found a company that was punching well above its weight, winning business against the likes...
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Quindell makes another dash for cash
Just days after making an unusually timed stock exchange announcement concerning progress on order intake (see Quindell counts chickens), buy-and-build insurance business process services player...
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Wipro holds steady
Compared to Infosys, its Bangalore-based archrival, Wipro’s soon-to-be-demerged IT business (see here) grew faster yoy but not quite as fast qoq. Headline revenues for the quarter (to 30th Sept.) rose...
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LinkedIn's sound business model
LinkedIn is often referred to in the same breath as Twitter, FaceBook, Zynga and Groupon as a ‘social media’ company. But they are as different as chalk and cheese. LinkedIn’s business model, if not...
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BT Global Services to continue cost cutting
On Thursday, BT announced its Q2 2013 financial figures. To recap, the Group achieved revenues of £4.47bn – representing a top line decline of 9% year-on-year, or a 5% decline on the underlying...
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EXL reverses margin trend
Offshore BPO pure play EXL Service is pushing back against the recent margin erosion that it and peers like WNS have been facing (see EXL margins under pressure and WNS pulling in different...
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GB Group acquires criminal records supplier
Identity management specialist GB Group is acquiring tmg.tv Ltd (TMG CRB), a provider of Criminal Records Bureau (CRB) software and services, for up to £3m in cash. GB is paying 1.7 times revenue for...
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SDL changes back to the old Lancaster guard
There has been a partial change back to the old guard at SDL following the so-so Q3 IMS of last month (see SDL on a see-saw) and subsequent share price drop that has taken the price down to a two year...
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TechMarketView in the news
October turned out to be an eventful month for the IT industry and, as ever, TechMarketView was called upon by national and trade media to give our usual pointed opinion on the events that have the...
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Telecity on track to hit full-year target
Data centre firm, Telecity, has updated the market prior to the close of its financial year. Trading has remained “robust” and the full-year outlook is in line with market expectations. The very...
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Tech Mahindra ‘stable’ with Hutchinson boost
Headline revenues at telco-focused offshore IT/BP services player Tech Mahindra remained broadly flat in Q3 yoy, at $299m, some 6% higher than the prior quarter. But this included an unspecified...
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Kofax Q1 goes into reverse
Document capture and business process management (BPM) vendor Kofax has reversed the improving picture in Q412 (see Better Q4 for Kofax), with a slump in software licence sales and professional...
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UK revenue drops at First Derivatives
First Derivatives is still managing to pump up revenue and profits despite its transition to a transaction and recurring sales model – and a tough market. However, the UK is not faring as well as the...
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AOL gets new lease of life
18 months ago in March 2011, the Internet & Media Leadership Group of the Prince’s Trust organised its quarterly lunch at Mosimanns hosted by member AOL. Tim Armstrong gave the talk. But, as he’d...
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Putting enterprise social networking to work
Software and IT services providers are tripping over themselves to bring enterprise social platforms to the market but there is little revenue to show for their efforts. Enterprises are not that keen...
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Signs of progress at CSC
There are some encouraging signs of early progress at CSC as the turnaround strategy implemented by ‘new’ President and CEO Mike Lawrie begins to take effect. The Q2 results reveal improved margins and...
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Another tough quarter for Sopra UK
The decline in Paris-based IT services and software firm Sopra Group’s UK business appears to be worsening, with Q3 pro forma revenues (to 30th Sept.) down 3.7% yoy to €28.6m, compared with a 2.7% yoy...
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