Clik here to view.
Instem warns on FY13 profitability
A trading update from Instem today indicates that profitability for the year ending December 2013 will be “below market forecasts”. The company, which provides software to the pharmaceutical sector,...
View ArticleClik here to view.
Intercede performing strongly
It’s a short and sweet trading update from Intercede Group this morning. The provider of identity and credential management software states that it continues to generate strong revenue growth. Indeed,...
View ArticleClik here to view.
Joining the dots at dotDigital
In our Predictions piece for Enterprise Software and Apps Services in December, we highlighted that SaaS commercial models will come under greater scrutiny due to the lack of bottom line rewards, the...
View ArticleClik here to view.
Microsoft buys into cloud-based customer self-service
Microsoft is planning a fresh acquisition in the CRM space, with the proposed purchase of cloud-based customer service software provider Parature. It is another move to strengthen the Dynamics CRM...
View ArticleClik here to view.
Access builds out with Production Modelling
UK-based Access Technology Group is continuing its expansion programme with the acquisition of Production Modelling Ltd, which will strengthen its supply chain solutions portfolio in the manufacturing...
View ArticleClik here to view.
Alternative Networks buys Intercept for beefed up IT services
Alternative Networks, a provider of mobile, networks, IT and billing solutions is to acquire Intercept IT for £12.95m in cash on completion, from the company’s founders. Intercept supplies hosted...
View ArticleClik here to view.
Hays sees faster UK growth
The improvement in the UK recruitment market continued in the last three months of 2013 for UK-headquartered international staffing firm Hays, building on the acceleration seen in the prior quarter...
View ArticleClik here to view.
Infor introduces behavioural analytics to HR with PeopleAnswers
Acquisitions of HR cloud-services providers are still on trend, as indicated by the latest, which sees privately-held Infor take up PeopleAnswers. Terms were not disclosed. PeopleAnswers does a very...
View ArticleClik here to view.
Oracle buys Corente for undisclosed sum
This week Oracle announced it is to buy Corente, which is headquartered in New Jersey, for an undisclosed sum. Corente’s Cloud Service Exchange is a cloud-based service delivery platform that enables...
View ArticleClik here to view.
7-year record quarter for European tech M&A deals
Although activity was lower in December, the number of European TMT M&A deals in the last quarter of 2013 was the highest since Q2 2006, according to latest data from corporate finance firm, Regent...
View ArticleClik here to view.
Banking Regulator warns of antiquated IT
Earlier this week, a director of the Prudential Regulatory Authority warned that the IT systems of the UK banks were “antiquated” and that he could not say with confidence that they are robust. These...
View ArticleClik here to view.
Infosys presages final quarter slowdown
Despite raising its FY guidance, management at Bangalore-based IT services major Infosys is still expecting that revenue growth will slow in its final quarter (to 31st March). In fact, headline...
View ArticleClik here to view.
O2 closes Mobile Wallet service
Eighteen months after launching its Mobile Wallet service, O2 is informing its subscribers that it will cease the service at the end of March. We have been rather sceptical of the efforts of Mobile...
View ArticleClik here to view.
SAP cloud revenues climbing upwards
SAP Q4 and FY prelims show the effect cloud progress is having on performance. The impact is not dramatic and while that is good for shareholders it’s not ideal for SAP given its need to gain market...
View ArticleClik here to view.
‘Business Wonga’ Iwoca raises £5m funding
Iwoca, the London-based Wonga-like business lending start-up launched in 2012, has raised £5m in equity and debt funding from Global Founders Capital and Redline Capital Management, along with existing...
View ArticleClik here to view.
More fuel for Brady’s slow burn
Brady Plc, the supplier of trading and risk management software, today announced that over the last six weeks it has signed four new contracts to add to the Group’s positive view of 2014. Two of the...
View ArticleClik here to view.
Netcall gets sentimental over Sentiment
In what seems to be a canny little investment, AIM-listed call centre and business process automation software provider Netcall is co-funding a £1m investment in Farnborough-based social media...
View ArticleClik here to view.
Version1: working towards big ambitions
Dublin-based Version 1 is an IT services player I expect we will be hearing more of over the next few years as it steps on the growth accelerator via acquisition and organic growth. Today it announced...
View ArticleClik here to view.
Capita celebrates return of Congestion Charging
Transport for London (TfL) has confirmed that Capita will once again run the capital’s Congestion Charging and Low Emission Zone schemes. A £145m/five-year contract will see Capita will take on...
View ArticleClik here to view.
Google enters the Connected Home with Nest Labs buy
Google is to buy four year old Nest Labs for $3.2b. Nest Labs was founded by Tony Fadell (the designer of the original Apple iPod) and Matt Rogers. Its first product was the Learning Thermostat which...
View Article