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Logica UK yet to claw back share
There is much to take heart from in Logica’s FY results – but there is also much work yet to be done. Let’s start with the UK business, which was a ‘miss’. Revenues fell by 5% to £709m vs a forecast...
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ExlService buyout rumours
Offshore BPO pure play ExlService is rumoured to be the subject of takeover bid from L&T Infotech (LTI), the offshore IT services arm of Indian industrial conglomerate, Larsen & Toubro (see...
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Ugly quarter for HP growth
This was clearly not part of Leo’s plan. HP missed Q1 revenues (to 31st Jan), forecast lower revenues still in Q2, and downgraded FY revenue guidance. However, the consolation prize was a ‘beat’ on EPS...
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Atos transports another $30m deal
Atos Origin has won a handy – and significantly larger – extension to its £10m, 5-year IT outsourcing deal with transport operator, FirstGroup, signed last Sepetmber. The new deal, does much the same...
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UNIT4 impacted by SaaS transition
Despite a number of factors working against it, Netherlands-based ERP vendor UNIT4 has reported a good performance in FY10. Total revenues increased by 11.1% to EUR421.7 million with license revenues...
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AppSense's MyTop gets funding
I was delighted to read this news this morning (Source FT) Goldman invests $70m in UK software group. The group in question is Appsense based near Warrington. They had revenues of $47m in year to 1st...
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Diligenta optimistic on L&P turnaround
We recently attended an analyst event hosted by Diligenta, TCS’ UK life and pensions (L&P) BPO business. Diligenta had its genesis in the landmark £486m, 12-year Pearl BPO contract announced in...
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iPad2
Apple has sent out the invites for the 2nd March iPad2 launch. Well, we (like everyone else) were just surmising that the event next week (see our report iPad2 next week?) would be the much anticipated...
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Google Cloud Connect for Microsoft Office
Google has just released Cloud Connect for Microsoft Office. See WSJ – Google tool to move Microsoft files to the web. Basically you can now take any Microsoft document (Word, Excel, Powerpoint),...
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Microgen – you can’t argue with cash
It may be a business of two quite different (and differently performing) halves, but (now) software pure-play, Microgen, has yet again dished out the dosh in the only way that really matters – in cash....
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Capita in slowdown
Well here we have it - confirmation from Capita that revenue was indeed ‘subdued’ in FY10 (see Pipeline warning forces Capita warning). Revenue came in at £2,744m, up 2% on FY09 (vs. 10% top line...
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Mouchel a step closer to finding new home
The Mouchel saga continues. And it seems the support services & BPO provider may be giving up on its fight to remain independent. This morning’s announcement states that Mouchel’s Board is in...
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Salesforce and the cost of growth
It’s a land-grab in the enterprise SaaS ‘space’ and Salesforce.com was first in line with its pick and shovel. What’s more, it’s not letting up the pace. Salesforce added another 27% to the top line to...
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Another tough quarter for Mphasis
Unlike its much larger peers, Mphasis, the India-based SI majority-owned by HP, continues to march steadily backwards. Q1 revenues (to 31st Jan.) fell by 9% to $271m on a sequential basis, while...
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Interserve enters the frame to buy Mouchel
Interserve, the £1.9b turnover facilities management (FM) and construction company, has emerged as the bidder in “advanced discussions” to acquire Mouchel, according to the FT (see Mouchel a step...
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Colt’s cloud challenge
About a year ago I met up with the then MD of Colt Managed Services, and got a glimpse of the telco’s plans for moving into the ‘cloud’. Well, there’s been much water flowing under that bridge since,...
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Paywalls
As readers will know from many previous articles, I’m very interested in the fundamental changes that are taking place in the way we consume (ie read and pay for) media. The changes that have taken...
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TechMarketView round up
TechMarketView has been a hive of activity again this week with Georgina O’Toole, Research Director, publishing a popular report on the UK Local Government SITS Supplier Landscape and Anthony Miller,...
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Eroding backlog takes shine off Craneware’s sparkling half
It’s rare to read a ‘but’ in any report issuing from ‘Little Scottish Battler’, Craneware, which has been – and hopefully will continue to be – ‘David’ to the many Goliaths playing in the US healthcare...
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Sky high valuations
So, according to this morning’s FT Twitter is valued at $4.5b as JPMorgan fund targets 10% stake. Just two months ago Kleiner Perkins invested $200m in Twitter inferring a valuation of $3.7b. A $800m/...
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