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Firstsource Q1 profits improving
India-HQ’d BPS pure play Firstsource is continuing to deliver an improving margin performance in Q1 as it exits low margin contracts and makes efficiencies across its operating divisions. Q1 revenues...
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SDL transformation still at the cost stage
H1 results were never going to be pretty at SDL given the warning issued in June (see here) and heavy investment and restructuring but at least there were no more surprises and performance was in line...
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Cognizant pedals harder to make FY earnings
New Jersey headquartered, though very much India-centric, offshore services firm Cognizant looks like it is having to pedal harder to make its FY earnings guidance, raising its FY revenue outlook by...
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Another partner for Bango
Today, Bango, the mobile web payments and analytics company, announced that it has gone live with Mozilla’s Firefox Marketplace. Bango will provide users of the Firefox operating system and newly...
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Cost savings boost CSC Q1 margins
Mike Lawrie’s turnaround at CSC is continuing with a marked improvement in profits in Q1. The operating margin improved from 4% to 9.3% on the back of cost reduction exercises that generated savings of...
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G4S pulls out of MoJ electronic tagging contract
G4S has now decided to withdraw from re-bidding for the Ministry of Justice’s electronic monitoring (offender tagging) contract renewal, a month after it was accused (alongside Serco) of over-charging...
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Genpact continues to impress in Q2
Offshore IT/BP player Genpact continues to stretch its lead over rivals in Q213 (see Exl downgrades FY13) with double-digit revenue growth and improving double-digit margins. In the quarter ended 30...
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New business grows slowly at ZOO Digital
Media production workflow and services provider ZOO Digital continues to feel the pain from the decline in its core market whereby consumers are turning away from buying DVD’s and Blu-rays. To its...
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AOL bets on online TV advertising
AOL has reported revenues up a minute 2% yoy at $541m in Q2. Profits of $28.5m were reported – down from $1.1b last time. But that was all down to the special patent sale to Microsoft in Q2 2012....
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Excitement mounts at Yahoo!
I just cannot contain my excitement! Yahoo! will unveil a new logo later this month. "We'll be keeping the colour purple, our iconic exclamation point and of course the famous yodel," CMO Kathy Savitt...
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PC sales slump in Europe
If you thought PC sales were bad – Well, they were terrible. Gartner has reported that Q2 PC sales in Europe were 20% down yoy. Acer is hardest hit - down 40%. HP still largest supplier. But I liked...
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Amor wins its biggest consulting deal with Middlesbrough
Scotland-headquartered, private equity backed Amor has won its biggest consulting deal to date with Middlesbrough Council. Amor will support the council’s 5-year ICT strategy called ‘Change...
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Another step on the Skyscape journey
Skyscape Cloud Services has announced a new Channel Partner Programme to coincide with the launch of the G-Cloud 4 framework tender release. It looks like another canny move by the already successful...
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I still don't like Groupon
I’ve never much liked Groupon……is the phrase I have used in many of my posts on the company. Groupon IPOed at $20 in Nov 11 and soon shot to $31. Within one short year the share price had plunged over...
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The Hole-In-The-Wall Gang
As the payments and banking markets change as a result of mobile and social media, and banks re-position themselves and slim down their operations, new opportunities and further growth should open up...
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Brazil – the (infra)structural challenges
I have just returned from a three week trip to Brazil – must be pretty close to my twentieth in the past dozen years. The changes that I have seen in the ‘land of the samba sun’ (as I like to call the...
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Musings on Government procurement
Over the last few weeks, the way that UK Government, and the broader public sector, procures has been getting a lot of airtime. Indeed, it is probably the most well worn topic of conversation when we...
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CEO to leave Microgen
Microgen today announced that the CEO, David Sherriff, will leave the company when the ongoing strategic review, which was announced in May, has been completed. First half figures were as expected (as...
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Outplacement boosts Adecco’s margins
It is a sad sign of the times when a recruitment company reports improved margins mainly due to a boost in its outplacement services. But such is the case for Zurich-headquartered global staffing giant...
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Delcam continues to impress
Delcam continues to impress with another set of results that resolutely go one way – upwards. Success for the Birmingham-based CAD/CAM provider is down to smart but measured geographic and industry...
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