SAP basks in Q3 shine
Any wind blowing through Walldorf will have been contributed to by sighs of relief from SAP as the reduced provision for the TomorrowNow settlement had a direct effect on profits. Profit after tax for...
View ArticleFidessa looks to large customers for stability
There is a growing divide between Fidessa’s large and smaller customer base with the former continuing to invest while the latter are scaling back or closing down their equities businesses,...
View ArticleMF Global adds insult to Patsystems’ injury
Having issued a profit warning barely a month ago (see Patsystems cautions on H2 profits) AIM-listed derivatives-trading software company, Patsystems, was dealt a further blow with the collapse of US...
View ArticleGeoff Unwin to become Xchanging chairman
SITS industry veteran Geoff Unwin is to become the new chairman of business process services (BPS) provider Xchanging, replacing current chairman Nigel Rich, who steps down on 31 December. Unwin will...
View ArticleClarity Commerce Solutions continues to resist Enigmatic
Clarity Commerce Solutions is keeping up a flow of ‘good news’ stories to its shareholders as part of its strategy to counteract the hostile bid from Enigmatic Investments and convince investors (and...
View ArticleMicrogen doles out more div dosh
We think a measure of breast-beating from ‘software business of two halves’, Microgen, is well warranted with the news that the company is doling out another 5p a share special dividend to...
View ArticleEndace’s enviable growth
When we first covered Endace earlier this year (see Endace ‘stellar growth’) we said we would keep an eye on this network security/packet capture/analysis company because it held a lot of promise, and...
View ArticleNHS IT: Axing of ASCC deal is a blow to SIs
Last week brought news that the NHS’ long-running Additional Supply Capability and Capacity (ASCC) procurement for child and community health systems in the South of England has been abandoned....
View ArticleLogica UK shines as group margins slip
Let’s kick off with the very good news. Logica UK reversed its H1 decline and turned in 6% revenue growth (to £183m) in Q3 (to 30th Sept), the highest in Logica’s regional markets. This was also faster...
View ArticleMid market debutante: m-hance
The midmarket is a hunting ground for software companies looking to grow by acquisition but yesterday it generated a new company that was created entirely through acquisitions - m-hance. Backed by Jon...
View ArticleGB Group expands again - and needs to
Identity management software specialist GB Group has had a busy morning – half year results and the announcement of an agreement to purchase Capscan Parent Ltd, a provider of customer registration and...
View ArticleUK Government ICT strategy: the 'what' to the 'what ifs'
At the end of October, the Cabinet Office published the UK Government ICT Strategic Implementation Plan (SIP), which had previously been scheduled for publication in the summer. Alongside the SIP the...
View ArticleAmbitious Lumison adds a Chairman
Mid-market managed services provider Lumison has appointed a non-Exec chairman, Pieter Knook. Knook is no doubt familiar to some readers thanks to his time at Vodafone (running Internet Services) and...
View ArticleCognizant tops growth – but not in Europe
No surprises that New Jersey headquartered but India-centric IT/BP services player, Cognizant, beat its Q3 guidance and raised FY outlook. But some surprise that headline growth in Europe eased to a...
View ArticleSteria UK shines too!
Not to be outdone by Logica (see Logica UK shines as group margins slip), Steria also saw UK revenues rise by 6% yoy in Q3, to €159m (c£140m). The UK led Steria’s regional growth, and contributed to...
View ArticleParity on track and boosting board
Diversifying ITSA and project services firm Parity has released a trading update to cover the last four months. It’s very much all as expected and in line with what we saw in the first half performance...
View ArticleKofax warns, Sanderson smiles, Sopheon muses
Trading updates from three UK software players paint a mixed picture of the state of the marketplace. After missing FY targets (see Kofax’s full year falls short), document imaging company Kofax has...
View ArticleBT Q2: work to do on services orders
BT’s Q2 results reveal a good performance on signing up broadband customers, but the picture on services revenues and wins is less convincing. Total revenue in the quarter was down 2% to £4.89bn....
View ArticleAccenture wins final DWP ADEP 'Lot'
We learn today that another piece of the DWP’s ADEP (application deployment) jigsaw has been put into place (see DWP extends relationship with HP). Having missed out at the final hurdle on Lots 3...
View ArticleiGate gets into gear
After a tentative start to its new life with the acquisition of Mumbai-based Patni (see iGate - the challenges ahead), California-headquartered but India-centric IT/BP services player, iGate, is...
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