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Determined SAP attacks on all fronts

You have to admire SAP’s determination to run down every potential revenue source, even if it is driven by necessity as much as desire. This week’s TechEd event has so far provided news of Financials...

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DRS: elections win, but loses out on education

Election and census business, including the London Mayor and Assembly elections plus overseas census work, pushed DRS Data and Research’s erratic revenue to a 24% yoy revenue increase for the 10 months...

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Fujitsu to create 300 new support services jobs

We recently met up with Andy Payne, head of Engineering Services (Operations Director, Engineering Services) at Fujitsu to learn about an initiative to expand the firm’s support services capabilities....

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Gove's plans for DfE: The implications

I read with interest in The Times yesterday (it’s behind the paywall but for those of you that can access it, this is the link) of Michael Gove’s plans for the Department for Education (DfE). In what...

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Autodesk suffers drop in demand

Autodesk followed a weak Q2 with a poor Q3, but yoy comparisons also made depressing reading. Describing the results as “disappointing” the company is now looking at how it needs to change its...

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Dell’s downward trend continues in Q3

Last night Dell announced its third quarter results, which highlighted the company’s continuing struggle to grow the topline. Revenue was down 11% year-on-year, and down 5.5% sequentially, to $13.7bn....

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Equiniti sells Xafinity Consulting to private equity

Business process services provider Equiniti Group is selling Xafinity Consulting, its pensions and employee benefits consultancy, to private equity firm CBPE Capital LLP for an undisclosed amount....

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IBM and Cognizant outline European BPS strategies

We attended two European BPS vendor events this week held by IBM and Cognizant, which provided us with some very interesting comparators between the two companies - IBM as a BPS industry incumbent and...

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Serco FY12 in line

Following its disappointing first half (see here) in which revenues declined 2% organically, IT-enabled support services (ITeSS) and BPS giant Serco said that it is seeing the improvement in...

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Britain the most powerful nation on earth?

Britain is now the most powerful nation on earth read the headlines in many of the Sunday papers today. It all relates to an annual survey in a US magazine where Britain has beaten the US to the top...

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Facebook + Yahoo!

Really interesting story in The Telegraph – Yahoo plots alliance with Facebook in new search deal. Apparently Yahoo’s new CEO Marissa Mayer has been in talks with Sheryl Sandberg (CEO of Facebook)...

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ACS strengthens its Board

Advanced Computer Software has strengthened its board to reflect its growth ambitions. Paul Gibson, COO, becomes an executive director and there are two new non-execs, Mike McGoun and Guy Millward....

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Calling all ‘Little British Battlers’!

A year ago we launched the TechMarketView Little British Battler initiative which aimed to give small, UK-owned software and IT services companies a leg-up in the market. The dozen companies who...

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FFastfill filling up on SaaS revenue

FFastfill, the software provider to the derivatives community, is storming ahead on the SaaS front and is so far through its transition that it now styles itself as a SaaS provider in its strapline....

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Innovation Group takes control of subsidence arm

Insurance BPS player The Innovation Group has now taken 100% ownership of its subsidence business InFront Solutions Ltd after acquiring the remaining 16% in a deal worth £2.2m. The stake values the...

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Netcall confident of successful year

Netcall, the AIM-listed provider of ‘customer engagement software’, has started its new financial year with double-digit sales growth in each of its key markets, which is in line with market...

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WANdisco acquisition: stocking up on big data

WANdisco who flagged up its interest in the big data space recently has made its first acquisition in the area, courtesy of the $5.1m share-heavy purchase of privately-held California-based AltoStor....

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Accumuli sees progress in H1

UK managed security services player, Accumuli, has announced its half-yearly results to the end September 2012. Revenue increased 22% to £6.7m, including a £100k contribution from the EdgeSeven...

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Cisco to buy Meraki for $1.2bn

Cisco has announced its second acquisition in the Cloud space within a week with the intended purchase of Meraki for $1.2bn. Meraki provides a network management dashboard delivered via a web browser...

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HP writes down $9bn on Autonomy

Last quarter HP wrote-down $8bn against its ailing Services business (see HP – the picture says it all). This time in Q4, it was Software’s turn, with an $8.8bn write-off against Autonomy. There is a...

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