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iGate double-whammy halves margins
A combination of management distraction over the impending Patni acquisition (see iGate seals Patni deal), coupled with demand softness, slashed operating margins by half at US-headquartered but...
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System C joins 'Dearly Departed' after trumping EMIS
System C Healthcare will join the ranks of the AIM ‘Dearly Departed’ on Monday, following yesterday’s announcement of the approval of the Scheme of Arrangement for its acquisition by US healthcare...
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AOM wins first public sector deal at DWP
As regular readers know, we don’t normally ‘do’ deal announcements unless they are in the mega league. But sometimes a ‘strategically significant’ win is well worthy of mention. Such is the case for...
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Autonomics does it for IPsoft
I must admit, I didn’t think that what the world needed most was another remote infrastructure management (RIM) services player. So when I was invited to meet Terry Walby, UK MD at US-headquartered...
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Genpact completes Headstrong deal, buys again
It has been a busy quarter for business process services (BPS) provider Genpact. The General Electric (GE) spin off completed its $550m acquisition of US-based BFSI specialist Headstrong on 3 May (see...
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Serco juggernaut rolls on
An in-line update from Serco shows it is on track to hit £5b revenue in FY11, a 16% increase on FY10 (see Serco shows resilience in 2010), and to achieve its operating margin target of 6.3% by 2012....
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Revenue up 32% at Lombard Risk
Lombard Risk’s results for the year to 31 March 2011, confirm it has well and truly turned the corner after its return to profitability at the half-year point (see here). Revenue is up 32% (all...
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A great start to a great year for Telecity
At the risk of being repetitive (though this is just the sort of repetition we don’t mind doing) the UK’s largest listed co-lo player, Telecity, seems to have kicked off the year in fine style. I’ve...
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EMIS & System C at Gateshead - Correction
Friday’s HotViews post (since corrected) on System C Healthcare’s patient administration system contract win at Gateshead Health NHS Foundation Trust erroneously implied the win was at EMIS’ expense -...
View ArticleIndustryViews Quoted Sector Q1 2011
TechMarketView Foundation Service clients can find the latest quarterly edition of IndustryViews Quoted Sector here. This issue includes a look at the relative performance of EMIS, Digital Barriers...
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An iPad for The Queen
Loved the story in The Sun today about the Queen asking for an iPad after seeing her grandchildren using one. (The Sun’s headline is “Queen is ’Appy and Glorious”…) I was going to say how good this...
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Microsoft to buy Skype?
The FT today leads on Microsoft to buy Skype with a price tag of $8.5b (incl debt) suggested. That's over twice the value suggested last week and about 10x 2010 revenues. The FT (itself reporting from...
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Micro Focus and Bain Capital
Further to our report on 26th Apr – Micro Focus gets bid approach - the FT today (See - Bain approach intensifies Micro Focus debate) comments on earlier reports that the bid approach came from Bain...
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Managed services & BPS put Atos UK on top
Atos Origin beat European peers in the UK last quarter (to 31st March), posting nearly 2% yoy revenue growth (at constant exchange rates – CER), to €224m. This contrasts with essentially flat results...
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Adecco sees double-digit UK IT recruitment growth
Though UK organic revenue growth was only 3% last quarter (to 31st March), Zurich-based international staffing giant, Adecco, reported that UK IT recruitment revenues grew by 12% organically and by 18%...
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Capita: slow but improving picture
Capita’s trading for the four months to 30 April show a slow start to the year for the BPO market leader (see Capita in slowdown). As a result, it expects H1 revenue growth to be “modest…due to the...
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Microsoft confirms Skype deal
As we discussed this morning – Microsoft to buy Skype? – the $8.5b deal was officially announced today. I have three very different reactions to this: 1 – Wow. What a fantastic deal For Silver Lake,...
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Micro Focus clarification
Just a point of clarification on my Micro Focus and Bain post yesterday. I erroneously said that Micro Focus' trading update would be next week. In fact, they brought this forward to Monday 9th May...
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Parity makes dash for cash
Accompanied by dire warnings of the consequences of failure, Philip Swinstead and Paul Davies, the ‘encore’ top team at ITSA (IT staff agency) cum system house Parity, have announced a proposed cash...
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Ordina ditches CEO
No one could say he didn’t have a long (though latterly, not glorious) innings. Loss-making Netherlands IT services ‘local hero’ Ordina has finally dispensed with the services of its colourful CEO,...
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