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Co-op bank problems hit Infosys
Amidst the stream of bad news and continuing problems reported by the Co-operative Bank yesterday came the decision to announce a further write down of £148m of IT investment and to discontinue its...
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Computacenter H1: UK still motoring well
Against the backdrop of three loss-making contracts in Germany and a struggling French business, Computacenter’s UK operation has again performed well under the leadership of Neil Muller. Total UK...
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IVO goes yoyo over YoYo
Imperial Innovations, the AIM-listed (“IVO”) tech ‘incubator’ arm of London’s Imperial College, has led a £780k investment in YoYo, a smartphone-based loyalty-programme app start-up, launched this year...
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Mphasis and its ‘strategy in action’
HP CEO Meg Whitman must feel like she is battling an Indian fifth column when the CEO of its offshore services captive proudly proclaims that he is moving the business even further away from its...
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Salesforce.com - still places to go
What is there to say about Salesforce.com’s Q214 results? Once again revenue was up strongly (31% yoy to $957m) but it dragged operating costs up with it (increased 34%) and they now account for 81% of...
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Serco CE 'saddened and appalled' by latest allegations (update)
Serco’s H113 results got pretty well overlooked by the latest allegations of overcharging on its Prisoner Escorting and Custodial Services (PECS) contract with the Ministry of Justice (see here). The...
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Share Indices August 2013
After the heady rises so far in 2013, share prices took something of an summer break in August. The FTSE100 was the worst performer – down 3.1% (but still up 8.7% YTD) as macro factors, like ‘will we,...
View ArticleComputacenter H1: UK still motoring well (updated)
On Friday, Computacenter announced its results for the six months to the end of June. At the Group level, revenue was £1.43bn, up from £1.42bn in the comparable period last year, while adjusted profit...
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MoPowered banks £2.5m for AIM mobility
Vauxhall-based mobile commerce start-up MoPowered has boosted its bank account by a further £1.8m following the first close of a funding round in July that raised £650k, ahead of a proposed AIM listing...
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Ultima chairman follows the dream
There was a time quite recently when shares in Ultima Networks were worth more than a penny. But I suspect today’s half-time results may not see its fortunes return to such heady heights as the 1.5p...
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Microsoft buys Nokia mobile
Last week in Thoughts on the future of Microsoft post Ballmer I said that my only ‘surprise’ at the announcement was that it hadn’t happened years ago. This morning Microsoft announced that it was...
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Vodafone consummates Verizon sale
Just to close the loop on Vodafone soars on possible Verizon stake sale, the deal was consummated yesterday at $130b. Vodafone shareholders will get $23.9b in cash and $60.15b in directly owned Verizon...
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Elop as Microsoft's next CEO?
After my Hotviews post - Microsoft buys Nokia Mobile– yesterday, our views have been widely quoted in media across the world. Murad Ahmed from The Times called whilst he was researching for his article...
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Future is brightly coloured and chocolate flavoured
Apple has sent out invites for the widely anticipated launch event on Tuesday 10th Sept. The colourful invite is rumoured to presage the launch of a new low cost iPhone to be available in a variety of...
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Kofax in stronger position after good Q4
Kofax looks in a much stronger position to continue building on recent improved performance, after bouncing back in the second half of 2013 from a terrible first half (see Kofax FY in line). In Q4...
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LinkedIn in $1b fundraising
Of all the social media properties, I’ve always really got LinkedIn. It has a proper business model which (like TechMarketView) relies on corporate subscriptions rather than just advertising. It has...
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NHS IT set for '£1bn of investment'
Jeremy Hunt, the Secretary of State for Health, has announced an additional £240m for NHS’ Technology Fund, taking the total that the government and local NHS organisations will invest under the scheme...
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SQS: chasing larger contracts and better margins
It wasn’t a perfect H113 for SQS but there was enough to keep management happy as the company continued to execute the strategic plan it put in place a year or so ago. The strategy included increasing...
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Finance for Growth
I was reading a report (Finance for Growth - "Challenging the myths about funding for small businesses...") from think tank Demos (to download Click here) today that said that the SME lending crisis...
View ArticleMoJ publishes revised EUC tender
Today the Ministry of Justice has published the tender for its freshly redesigned End User Computing Services (EUC) tower procurement. Subscribers can read the history of the procurement in MoJ end...
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