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Allocate Software: Foundations for growth
Workforce and compliance optimisation software provider, Allocate Software had a better FY13 than the headline figures from its financial results released recently suggest (see Allocate’s mixed year)....
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Colt wavers slightly in H1
For the first six months of the current financial year, Colt has seen both revenue and EBITDA dip slightly. Revenue was down 0.2% to €788.9m, while the EBITDA margin slipped from 20.27% to 20%....
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Gresham’s CTC bet paying off?
In May Gresham Computing, the specialist provider of software for transaction reconciliation and management, that 2013 would be a pivotal year as its new Clareti Transaction Control (CTC) product is...
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The last few weeks has seen a flurry of activity at TechMarketView culminating in our ‘big night out’ which took place on 26th June in the form of Make or Break: An Evening with TechMarketView. Hot on...
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Wipro holding steady
Though its growth has been nothing to shout about in recent times, what management at Bangalore-based offshore services firm Wipro can take satisfaction from is margin stability, something that...
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Zynga - 'Now that ain't working...'
Readers just must know my views on Zynga by now. Zynga a passing fad was my most recent post on the subject. The Money for nothing but the chicks ain’t free company behind best-sellers like Farmville...
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Fidessa Interims
First half figures for Fidessa showed a revenue fall, of 1% to £139.3m for the six months to June 2013. With ongoing investment in new services and capabilities, EBITDA and Operating Profit both...
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Banking and public sector weigh on Steria UK
Steria's UK business continues to struggle in the first half with weak performance in banking and public sector. UK revenue was down 3.6% on a constant currency basis (ccy) to €356.9m – that was...
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Intercede contract signings boost confidence for FY14
Identity management software provider, Intercede, has issued a trading update to the market with news of two contracts in the telecoms sector. Intercede will supply MyID (its identity management...
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Escher notches up strong H1 growth
Escher, the postal industry point of sale software provider, has delivered a very positive H113 update following on from its strong FY12 (see Digital mail is next on the Escher growth agenda)....
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Fidessa: Building on solid foundations
At Fidessa's results meeting yesterday (see Fidessa interims for our initial coverage), management gave details of recent traing and of their expectations going forward. The event also provided the...
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Fujitsu Q1 losses move in right direction
Fujitsu has seen losses improve in Q1 over the comparable period last year. Consolidated net loss was 21.9bn yen (US$221m), an improvement of 3.5bn yen. Net sales were 999.2bn yen (US$10.1bn), up 4.4%...
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Telecity continues growth march in H1
First half results from Telecity (to end June 2013) show the firm is continuing to prosper in the European data centre services market. Revenue increased 16% to £159.3m, with adjusted EBITDA margin...
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Another one bites the dust
I seem to have spent my whole life as an analyst writing reports of how UK tech companies have been acquired by overseas companies. It is remarkable how many of those acquisitions have been by the...
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Dell faces more hurdles
The special committee of Dell's board today rejected the request to change the shareholder voting rules for the proposed Micheal Dell/SilverLake bid. You can follow the story in the HotViews archives....
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Exl downgrades FY13
Offshore BPO pure play Exl Service has brought down its guidance for FY13 due to a sharp depreciation in the Indian rupee (which fell 10% against the US Dollar in Q2) and slower project spending and...
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Facebook exceeds IPO price
Well, I guess I have to report that Facebook has today opened at $38.10 - marginally ahead of its May 2012 IPO price of $38 for the first time. As I said in Facebook - What a Surprise their Q2 results...
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HCL closes a more profitable year
For the second successive year, Noida-headquartered offshore services firm HCL boosted profitability, with FY13 (to 30th June) showing a 20.1% operating margin, almost 4 points higher than the prior...
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StatPro – Making progress
As Fidessa rolls out service-based solutions as part of its growth strategy (see our UKHotViewsExtra: Fidessa building on solid foundations), it could probably learn from observing the progress of...
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UK IT jobs surge
I was quoted earlier this week in the Henry Mance’s FT article Growth in IT jobs confounds offshore fears. It was occasioned because of ONS figures showing a 11% yoy rise, to 720,000, in the number of...
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