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ReThink thinks about a more profitable year
Refocused AIM-listed IT recruitment firm ReThink Group (RTG - see ReThink rethinks Aiimi) signalled that 2013 was a more profitable year for the company, with NFI (gorss profit) likely to reach £19.4m,...
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Xerox Services goes into reverse (update)
Xerox’s Q4 was yet another disappointment for the copier and IT/BP giant. Services revenue went into decline for the first time since its acquisition of ACS in 2009 after quarter on quarter of slowing...
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Sopheon ends year on a positive note
When it provided its last trading up date in November, the ever cautious product lifecycle software and services provider Sopheon said it needed a strong finish to the year to meet its commercial goals...
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TechMarketView on BBC TV News
I was on a number of BBC TV news programmes yesterday talking about the acquisition of DeepMind by Google. Thanks for the positive feedback. Particularly liked the one about when we could expect...
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VMware lines up FY14 growth
VMware has closed FY13 with total revenue of $5.2bn, up 17% (excluding the Pivotal business and divestitures). Q4 total revenue was up 20% to $1.5bn, with the UK experiencing a “very strong quarter”...
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Will payments be core for Apple?
Alongside Q1 results for Apple (discussed in “Apple feels the pain”) comes press speculation about a foray into the payments market. Any plans would have good foundations; the growing and loyal iPhone...
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Yahoo joins ranks of the disappointing
Another day, another disappointment leading to a sharp price fall. On Monday it was Apple (see Apple feels the pain) whose shares fell 8% yesterday despite beating forecasts for the last quarter but...
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‘Reshoring’ gathers pace
One of the trends we have researched for some time now is the growing trend to onshore or ‘reshore’ customer service activities to the UK (see What does the future look like for India HQ’d providers in...
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Facebook surpasses expectations
On Monday, Apple disappointed the market (see Apple feels the pain) and their shares dropped 8%. Yesterday, Yahoo disappointed (See Yahoo joins the ranks of the disappointing) the market and their...
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Allocate gains a health boost from Barts Health NHS Trust
When Allocate Software reported its half year results earlier this month (see here) CEO Ian Bowles talked tantalisingly of a major new multi-year contract for cloud services with a UK teaching...
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Capita takes a Liberty in parking and enforcement
After winning back the London Congestion Charging (LCC) contract from IBM earlier this month (see here), Capita has now bought Liberty Services, a print and document management business specialising in...
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CGI Q114: currency impact benefits
CGI’s Q113 (to 31st December 2012) was the first full quarter to include the Logica business. As such, CGI’s Q114 (to 31st December 2013) is the first quarter where we are able to see a year-on-year...
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EMC hits revised FY13 target
EMC has announced its Q4 and FY13 financial results. Back in Q3, it revised its Q2 revenue pledge (to hit FY13 revenues of $23.5bn - see EMC retains FY13 outlook) downwards to $23.25bn (see EMC revises...
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Fujitsu reverses Q3 losses
Japanese technology giant Fujitsu has reported improving operating profits due to structural reforms in its LSI device business and in businesses outside Japan. Workforce-related measures and increased...
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Google sells Motorola Mobility to Lenovo
Google has sold its Motorola Mobility operations to Lenovo for $2.9b. Google bought the company for $12.5b in May 12. In 2012 they spun out Motomola Home division for $2.3b and they have sold off some...
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Microsoft XP outlook becoming less and less clear
The waters around Microsoft XP got a lot muddier this month. Support for this 12 year old stalwart was due to end on April 8 2014 but throughout January there has been a softening of the Microsoft...
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Mixed fortunes for Citrix
It was swings and roundabouts for Citrix in Q4, with revenue coming up short of analyst expectations but earnings ahead, as the company dealt with mixed performance on the product side and in the...
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Symantec – Erratic response to Q3 numbers?
Q3 results for Symantec, the global provider of information management and security products, showed somewhat of a recovery from disappointing Q2 figures (see Symantec stumbles at 2Q hurdle). Revenue...
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Totvs tops up top line
Totvs (pronounced ‘totus’), the leading ERP software player in Brazil (and therefore in Latin America), added a useful 14% to headline revenues in 2013 to reach R$1.61bn (c.US$750m) including...
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Google's creditable performance
Monday it was Apple, Tuesday it was Yahoo, Wednesday it was Facebook and tonight we got Google’s Q4 results. There were some similarities. There were disappointments – earnings fell short of...
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