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WNS continues run of form in Q1
Offshore BPO pure play WNS is continuing its good run of form into the new fiscal, having shown continued progress in Q4 (see here). Revenue less repair payments (RLRP), or net revenue, grew by 10.9%...
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Bookings heading north at WANdisco
There was a nice Q2 update from WANdisco which showed subscription bookings up 66% yoy compared to a 43% yoy rise this time last year. It does have good growth story – see here. For H1 bookings were up...
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Gartner 'block' highlights Cabinet Office's influence
This week Computerworld UK highlighted that the Cabinet Office has blocked 54 subscriptions, costing £45K each, to Gartner’s subscription services. We assume government organisations are being blocked...
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IFS accelerates through Q2
There was an interesting counterpoint to SAP’s Q2 results when tier two Swedish ERP provider IFS released its Q2 results showing a notable increase in licence revenue, in contrast to SAP’s 7% software...
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Netcall: still comfortable
Customer engagement software provider Netcall looks like it will round off the year in good form with significant increases in revenue and adjusted EDITDA according to its latest trading update. The...
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Nokia slipping into the icy waters
In any downturn, there is a dilemma. Cut, cut and cut again until there is nothing left to cut? Or invest in new stuff and go for it…only to increase the risk, cash burn and probably shorten the time...
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PCs dent Intel
We’ve written many articles on the declines in the PC market – End of the PC Era? was the latest. This has now all caught up with Intel who essentially issued a warning of flat revenues to come last...
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SAP sees software sales drop
SAP had a mild shock in Q2 as software licence revenue fell for the first time in around three years. The company blamed a slowdown in the Asia-Pacific Japan region and interestingly rapid transition...
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Software and services help buoy IBM Q2
Last night, IBM CFO, Mark Loughridge, talked analysts through Big Blue’s performance for the three months to the end of June. In all, the underlying indicators of the services business are positive....
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Agilisys wins City of London ITS deal
More good news for local government IT and business services provider Agilisys. Following its April win at Wolverhampton with Unit4 (see here), Agilisys has now secured a new five-year ICT services...
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Facebook UK acquisition to optimise mobile development
Facebook is boosting its mobile capabilities with the proposed acquisition of some of the assets of UK-based Monoidics, who provides mobile bug scanning software. It is also an investment in talent...
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Google misses
We have long warned that the move to the mobile internet is the biggest disruptive force to hit our sector since the introduction of the PC in 1981 – maybe even the biggest disruptive force ever. We’ve...
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Is Dell deal dying?
Yesterday, at the last minute, Dell delayed its shareholder meeting to agree the Michael Dell/SilverLake deal by six days. The obvious conclusion is that they thought they’d lose the vote so needed...
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Micro Focus – Room for growth as mainframes at last head for the exit
In our results review in June, we reported more encouraging news from Micro Focus, the provider of enterprise application modernisation, testing and management solutions, about a return to growth and...
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Microsoft misses in Q4 - Surface takes some of the blame
Considered against a backdrop of declining PC sales and the Windows 8 and Surface RT furore, Q4 was always going to be a struggle for Microsoft and so it was, as it failed to meet expectations and took...
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Mindtree trades growth for margin
Bangalore-based offshore services firm Mindtree kicked off its new FY with revenues on the rise but margins on the decline. Headline revenues for Q1 (to 30th June) grew by nearly 12% yoy to $117.7m,...
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Profits rebound at Hexaware
While headline revenues at Mumbai-based Hexaware inched forwards by less than 1% to $94.8m in Q2 (to 30th June) compared to the prior quarter, EBIT margins jumped by well over 4 points qoq to 22.0%,...
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Q2 US results show priorities for banks’ IT spend
The Q2 results season for the US investment banks gives some insight as to spending priorities for the wider banking sector. The results support the more positive mood on Wall St. as the Q2 net income...
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TCS off to a sprint
India’s top IT services firm, TCS, kicked off the first quarter of its FY at a brisk pace, with headline revenue growth for the 3 months to 30th June at 16% yoy (to $3.16bn), its best performance for a...
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Vodafone declines as expected
At least it was expected, and therefore didn’t spook the markets, but Vodafone this morningreported a 3.5% decline in organic revenues in Q2. The main culprit was its main trading area – Europe....
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