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Telecity has confident start to FY13
Following the release of Telecity’s FY12 results last week, we caught up with CEO, Michael Tobin. To re-cap on the headline numbers: Group revenue increased 18% on FY11 to reach £283m. Operating profit...
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Wavex surfs growth wave
Founded by CEO, Gavin Russell, Wavex is projecting healthy revenue growth and impressive bottom line expansion. The company provides SME customers (typically with 10 to 500 users) with a range of IT...
View ArticleBallmer - update
After we published Microsoft - Time for a change at the top? - yesterday, many readers remarked on the quotes attributed to me in Murad Ahmed's article in today's Times - Gates raises the pressure on...
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Exact illustrates challenges facing SMB providers
The impact of major strategic and organisational change during 2012 was plain to see at Netherlands-based SME ERP provider Exact. It resulted in headline revenue that was barely positive - up 0.7% to...
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Unit4: winning in public sector and SaaS
A peek behind the FY12 headline numbers soon uncovered some interesting detail from rising tier 2 business applications provider Unit4. On the surface the results were solid but hardly exciting - group...
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Youth unemployment on the rise again
On the surface, the UK unemployment figures released today look like ‘Good News’. Yet another reduction to ‘just’ 2.5m. At 7.8% that’s about the lowest in Europe and would make any Greek, Spaniard or...
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AOMi: locking into a growth-delivery cycle
Often it’s not what you do but how and when you do it that matters, as the different experiences of UK-based back office operations management providers AOMi and eg Solutions illustrate. AOMi is in...
View ArticleCan A&O shake up the UK IT support services market?
The UK IT support services market is led by a small number of larger players, including Computacenter and Phoenix. However, it is an industry that is characterised by its ‘long tail’ of smaller...
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Capgemini UK grows despite Aspire declines
Capgemini’s executive team, led by Group CEO and Chairman, Paul Hermelin, painted a decidedly upbeat picture of the Group’s FY12 results on a call last night despite was what described as a continuing...
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Infosys rings two bells for Europe!
To celebrate the launch of its listing on NYSE Euronext’s London and Paris markets, SD Shibulal, CEO and Managing Director of Bangalore-headquartered Infosys, made a transatlantic dash to ring the...
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No change at in line Micro Focus
Trading remained in line during Q3 for Micro Focus (period ending January 31 2013) although a currency hit meant that the impact was neutral vs a $3.6m gain last year, and it is still reliably...
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Quindell converts all pilots to outsourcing deals
Insurance BPS player Quindell Portfolio expects to hit current full year revenue expectations for 2013, even before it has announced 2012 results (see Quindell's buoyant FY12 update), after...
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RM enters next phase at Ratcliffe exits
When RM appointed Martyn Ratcliffe as non-Executive Chairman in May 2011 (and to Executive Chairman in October 2011), we said that we expected him to be tough in his actions as he attempted to turn...
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UK steams ahead as Atos carves out payment processing
It must be smiley faces pretty much all round at Atos, with management making good on its forecast a year ago to boost margins while adding a tad to the top line. The ‘tad’ was just under 1% (at...
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Atos UK & Capgemini UK: Under the covers
It is interesting to compare and contrast the UK performances of Atos and Capgemini both of which announced their FY12 results this morning (see UK steams ahead as Atos carves out payment processing...
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EMC: The big brand that’s yet to go top 20
EMC is by heritage a company that provides storage products and solutions (hardware, software and services). However, it now positions itself at the intersection of three important technology areas:...
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2e2’s Diagonal goes ‘global’ with G3
“Founded in 1988, Farnham-based Diagonal is an IT staff agency/SAP consultancy that came to the main market in Mar. 97 at 275p, equivalent to a historic P/E of around 39. Their results since then have...
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Best-in-decade year for UK tech VC investment
After a booming first-half which saw the highest level of venture capital investment in UK and Irish tech companies for a decade (see here), the pace continued in the latter half of 2012. According to...
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Enables IT reaches its Nexus
Well, it actually reached its ‘nexus’ in November last year when privately-held IT managed services firm, Enables IT (formerly Network Cabling Installations Limited), reversed into AIM-listed peer,...
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HP turnaround long way to go
After the horror story that has been HP recently (see HP takes $9bn write-down on Autonomy), first quarter 2013 was calmer, but certainly no sign of glowing health. In the three months ended 31...
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