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Are you a Facebook Bull or Bear?
Quite what metric is really important when looking at Facebook’s Q1 results clearly causes problems for most of the media. Is it that revenues increased by 38% to $1.46b and ahead of expectations? Is...
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Capgemini shares the European Blues
Paris-headquartered Capgemini moved almost in lock-step with its compatriot peer, Atos, in Q1 at group level, though lagged on our fair shores. Capgemini's group revenues for the 3 months to 31st March...
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StatPro pedals faster on the 'S&M' treadmill
You don't have to look very far to see plentiful evidence that a commitment to 'cloud' means a commitment to ramp spend on sales and marketing (e.g. see Are you a Facebook Bull or Bear?). Or take a...
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Genpact Q1 growth tops smaller rival ExlService
ExlService and Genpact, two of the fastest growing offshore BPS pure plays released their Q1 results yesterday, but there are signs the bigger of the two Genpact is now starting to flex its muscle with...
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Linkedin 'disappoints'
It does seem a bit peculiar to start a post with news that a company has quadrupled its profits YOY (up from $5m last year to $22.6m in Q1) and increased quarterly revenues by 72% (to $324.7m) YOY BUT...
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Loco2 steams ahead with angel funding
Loco2, the London-based start-up that operates a website to book European train journeys, has attracted £300k of funding led by 'angel' network Envestors, part of the Perth-based, AIM-listed corporate...
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New licence revenues plummet at Brazilian Totvs
And we bring you news from the 'land of the samba sun' that Brazilian (and LatAm) ERP market leader, Totvs, had a pretty troublesome start to the new year with revenues from new licence sales...
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Quindell buys 'Big Brother' SaaS business
Quindell Portfolio’s insatiable appetite for M&A continues. This time it is increasing its shareholding in property claims SaaS provider 360GlobalNet Limited (360) from 19% to 60%, as well as...
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Adecco sees 'bottoming out' in Europe
When the 'good' news reads "revenues are starting to bottom out in Europe", you get a feeling of how tough things still remain in the recruitment market. Indeed, headline revenues for the 3 months to...
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BMC in $6.9b deal
There is no surer signs that the IT industry is now ‘mature’ (even ‘boring’?) than when it pays dividends, creates huge cash piles that it doesn’t know what to do with and becomes the target of private...
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Ideagen reports healthy growth
Tiny compliance-based information management specialist Ideagen looks to be carving a niche for itself in the healthcare sector. Its trading update for the year to 30 April 2013 reveals significant...
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Is Quindell the fastest growing SITS provider?
Quindell Portfolio’s second year of operations has been a roaring success from a financial metrics standpoint. Revenue grew more than nine times (904% to be precise) from last year’s £13.7m to reach...
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Telecity IMS confirms solid start
Trading in the first few months of FY13 indicates that Telecity is on track to hit market estimates for the full year following its confident start - see Telecity’s confident start to FY13. Management...
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Windows 8 U-turn
The Financial Times lead story today is Microsoft prepares U turn on Windows 8. It centres on an interview given by Tammy Reller, head of marketing and finance for Microsoft’s Windows business. I’ve...
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Bill McCluggage appointed Irish Government CIO
Interesting news that Bill McCluggage, former UK Deputy Government CIO, has been appointed Irish Government CIO. He left UK Government in November 2011 (see Deputy UK Government CIO resigns) to take on...
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Civica acquired by OMERS Private Equity
Civica’s staff and customers can rest more easily tonight knowing that the firm has new private equity owners. OMERS Private Equity (OPE), the private equity investment arm of Canada’s OMERS pension...
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Consilium morphs into TotalMobile
Belfast-based Consilium Technologies has become TotalMobile Ltd in a re-branding exercise that reflects its commitment to mobile platforms. Consilium, which started life as TASK Software in 1985, has...
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Innovation Group announces Aviva win
Insurance BPS player The Innovation Group (TIG) has announced Aviva as the name of its recent UK customer win (see here). TIG's deal is to supply Aviva with Innovation Symbility, its claims scoping and...
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McKesson to exit UK tech
US healthcare and pharmaceutical giant McKesson has announced its intention to exit its International Technology business, which includes some £100m of SITS business in the UK. McKesson is a top five...
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Paul Harrison to trip the light fantastic at WANdisco
Paul Harrison, long time CFO at Sage, is to join AIM-listed, Sheffield/Silicon Valley based 'Big Data' play, WANdisco as its new CFO, a position that will move to California. Current CFO Nick Parker...
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