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Digital Barriers acquires Keeneo
‘Buy-and-build’ homeland security specialist Digital Barriers has made its seventh small acquisition. It’s acquiring French video analytics software firm Keeneo for an initial consideration of €2m, of...
View ArticleIRIS gives CFO the wink for top job
IRIS CFO Neal Roberts has been confirmed as CEO of IRIS Software Group, the part of the business management software group that serves professional services firms outside of accountancy. IRIS was split...
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SIS Q3 points to challenge for Atos UK
The final set of figures for Siemens IT Solutions and Services reveal the extent of the challenge facing Atos, its new home. The Q3 numbers, which have undoubtedly been adversely affected by the...
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NewVoiceMedia makes contact with another £2.5m
Contact centre SaaS software start-up, NewVoiceMedia, has raised another £2.5m from existing investors Notion Capital and Eden Ventures. This brings the total invested to £6m. NewVoiceMedia was one of...
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Kashflow gets operating with new COO
Accounting software SaaS start-up Kashflow is looking more and more like a company in it for the long haul. Founder Duane Jackson has just appointed ex-IRIS veteran, Simon Guest, to the newly created...
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HCL dragged into phone-hacking scandal
The media is ablaze with stories that fifth-ranked India-based IT/BP services firm HCL had been asked by News International to delete swathes of emails over the past 15 months. HCL has issued a...
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Sanderson refinances
Provider of software and IT services to the multi-channel retail and manufacturing markets in UK & Ireland, Sanderson, has changed its lenders, securing a £7.4m, 4-year facility, and a £1m working...
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Capita diversifies with AIB's financial services business
With the announcement of the acquisition of the international financial services business of AIB (AIBIFS), UK BPS market leader Capita is continuing its diversification theme. Subject to all the usual...
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SDL maintains organic growth in H1
Headline H1 results for translation and web content management vendor SDL were more than comfortable, up on H1 last year and on market expectations. Growth was primarily organic once again. Revenue for...
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John Suffolk accepts position with Huawei
It looks like former UK Government CIO, John Suffolk, is all set to pack his bags and move to China. Chinese telecoms company, Huawei, has announced Suffolk’s appointment as its Global Cyber Security...
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If it looks like a cloud ...
We made the point in our latest UK SITS Market Trends & Forecasts report that vendors have been ‘simulating’ the cloud computing commercial model (pay-as-you-go, flexible terms, etc etc) for years....
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Milestone Group purchases add to diverse portfolio
AIM-quoted Milestone Group, a digital media, technology solutions and services provider, is to acquire two applications to extend the range of services on offer and will issue new shares to fund the...
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Cognizant the new Number Three!
Back in March we told you that fourth-largest India-centric IT/BP services firm, Cognizant, was set to jump up the rankings (see Cognizant set to leapfrog peers in 2011). Well, by golly gosh they’ve...
View ArticleGenpact on track for low-mid-20’s growth
India-centric BP/IT services player, Genpact, signalled it is on track to grow revenues by 23-25% this year, after hitting 29% growth in Q2 (to 30th June). Mind you, almost half this growth came from...
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FFastfill expands its footprint with Spread Intelligence
Having made the commitment to SaaS at FFastfill and starting to reap the benefits (see Ffastfill fast filling profit gap), the provider of derivatives trading software is building out the capability of...
View ArticleShine fading from Firstsource growth
India-based BPO pure-play, Firstsource, lost more of its shine outside of the UK (see UK growth shines at Firstsource) in Q1 (to 30th June) with worldwide headline growth of just 7% yoy, to Rs5.2b...
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NHS IT: PAC report piles pressure on CSC (& BT)
The pressure continues to mount on NHS IT suppliers CSC and (to a lesser extent) BT with publication of the Commons' Public Accounts Committee (PAC) report on the delivery of care records systems under...
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Prologic makes ‘unfashionable’ loss
Gosh it’s tough on the High Street. And even tougher for software companies whose focus market is early-stage fashion businesses. Which is probably why AIM-listed Prologic suffered a £7m net loss this...
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SaaS is a cost for StatPro but the benefit foundations are in place
StatPro is taking a hit from its transition to SaaS, but as we’ve noted before it is managing the transition fairly well (see Cloud transition working for StatPro Group). Its H1 financials are...
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Misys and FIS leave the table
The acquisition discussions between Misys and Fidelity National Information Services (FIS) have come to a halt with Misys apparently being too rich a meal for FIS to consume. Last month FIS approached...
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