Clik here to view.
Phoenix on course awaiting Courtley to board
It’s just days away from the arrival of David Courtley as its new CEO (see Phoenix courts Courtley), and according to today’s trading update, infrastructure services supplier Phoenix IT Group seems set...
View ArticleClik here to view.
Profitability still improving at BT
BT has had a pretty uneventful quarter - Q1 results show revenue remains on a downward trend but profitability continues to improve. Overall, revenue was down 5% £4.76bn while (adjusted) PBT increased...
View ArticleClik here to view.
GB Group acquires again
Identity management specialist, GB Group, has made another small acquisition, this time to augment its DataAuthentication business. The purchase of Advanced Checking Services for an initial...
View ArticleClik here to view.
Capgemini UK follows the theme
Revenues up, margins down! That was the theme set by Atos UK yesterday (see AtoS H1: UK outperforms other geographies) and echoed today by Capgemini, which reported UK revenues in H1 up 5% to €987m,...
View ArticleClik here to view.
Misys looks good but Fidelity offer adds a note of uncertainty
Investments in BankFusion and the acquisition of Sophis are paying off for Misys, resulting in a healthy set of full year results for the year ending 31 May 2011. But they have not tempted the company...
View ArticleClik here to view.
Long sales cycles dog Kewill
One must never forget that the following statements go hand in hand: “the sales pipeline has continued to build”, and “sales cycles remain long”. A follows B. Such is the case at trade and logistics...
View ArticleClik here to view.
Promethean: revenue decline slows in Q2
Promethean World, supplier of interactive learning technologies, is performing a difficult balancing act. In a tough education market, the company saw total revenues decline 11.9% to £107.8 million in...
View ArticleClik here to view.
Kofax gets myopia
Read closely. There is a message here about revenue visibility – even two months out. Document imaging company Kofax had proclaimed as recently as late April that it was on track to make 14% organic...
View ArticleClik here to view.
Stop press! Action needed to improve Government ICT...
Another day. And another report poring over the inadequacies in UK Government ICT. This time it’s from the Public Administration Select Committee (PASC). The report is entitled Government and IT - "A...
View ArticleClik here to view.
Hexaware leaps forward
We’re starting to keep an eye on mid-tier India-based IT/BP services firm, Hexaware, again (see Hexaware comes into radar range) and it looks like they’ve had a pretty good quarter. Headline revenues...
View ArticleClik here to view.
Q2 pick-up for Steria UK
A much brighter Q2 recovered almost all the top-line decline that Steria recorded in its UK business the prior quarter (see Steady start to the year for Steria). As a result, Steria’s UK revenues were...
View ArticleClik here to view.
SciSys on track for growth
SciSys met expectations for first half trading and has maintained a solid order book throughout the period despite challenging conditions in many of its key markets. In an ‘in line’ trading update this...
View ArticleSAP Q2 Update
TechMarketView subscription service clients can see Angela Eager’s further thoughts on SAP’s Q2 results in UKHotViews Extra.
View ArticleClik here to view.
Losses pile higher at Netsuite
But who cares, so it seems? Operating losses at SaaS ERP player, Netsuite, continue to mount, fast approaching $10m in Q2 (to 30th June) against revenues of $58m, which were 23% higher yoy and 8%...
View ArticleClik here to view.
Stars
We know how many analysts from ‘rival’ research concerns read HotViews, so this post is as much for my fellow analysts as for our normal readers. I guess back in the 1980s and 1990s, I was considered...
View ArticleClik here to view.
Share indices in July
Almost all the main tech indices took a few steps backwards in July, with the FTSE SCS index off by nearly 5% over the month, worse than the FTSE 100 (-2.2%) and Nasdaq (-0.6%). The SCS index is now...
View ArticleClik here to view.
Two more years of market misery
We don’t like to blow our own trumpet too loudly (OK, maybe a little) but we think we read the market pretty well last year. We had forecast that the UK software and IT services (SITS) market would...
View ArticleClik here to view.
It’s Xchanging – but not as we know it!
Here’s the statement that changes everything. “We will no longer rely on the generation of Enterprise Partnerships to sustain growth in the future”. Thus ‘new’ CEO, Ken Lever, completely reset the...
View ArticleClik here to view.
Fidessa grows despite 'challenging conditions'
Fidessa experienced challenging market conditions in the first half with unexpectedly low volumes of trading in the equity markets and slow progress in market regulation, as well as the impact of the...
View ArticleClik here to view.
HP ‘Mphasises’ presence in insurance policy admin
Here’s another indicator of how lively the global insurance pensions admin market is perceived to be. Mphasis, the India-based IT/BP services firm majority controlled by HP, is to acquire US insurance...
View Article