Browett to head Apple Stores in US
The UK really has produced ‘more than its fair share’ of top managers working in global companies– particularly in the tech arena. I first came across John Browett in the late 1990s when he was the...
View ArticleLittle British Battlers battling – and winning (4)
Here are highlights of two more ‘small but perfectly formed’ UK software and IT services companies whose CEOs we met at our inaugural Little British Battler event last week (see here). There’ll be...
View ArticlePhoenix in line as it gets leaner
Phoenix says Q3 performance (Oct to Dec) was in line with expectations, as it nears completion of its internal reorganisation. Outlook for the full year is also unchanged. Shares are down 8% in early...
View ArticleSopheon short on new customers
2011 will be a flat year for Sopheon with expected revenue of £10.3m (vs £10.5m) and anticipated EDITDA of £1.5m (vs £1.51m). The details will be confirmed when the full year results (for YE December...
View ArticleSaaS commercial model lessons
The SaaS commercial model profitability challenge hit a new phase this week. Late last year Salesforce.com announced an Analytics Edition – that’s great as analytics has been one of the obvious...
View ArticleFujitsu revises down its outlook
Fujitsu’s latest results point to a tough quarter for the Japanese giant. The company is also revising down its full-year outlook by 50bn yen (£415m at current exchange rates) or 1.1% of total...
View ArticleSerco cuts UK workforce
Serco’s 500 job cuts announced earlier this week (see here) in management and back office support functions, are to be meted out mostly across its UK head office in Hook according to the BBC (see...
View ArticleTechMarketView Local Government Dinner Debate
A big thank you to everyone (including event sponsors, Computacenter and Unit4) who participated in TechMarketView’s UK Local Government Dinner Debate at the end of last week. The evening was a great...
View ArticleUnit4 acquires Irish partner from Better Capital
Netherlands-headquartered ERP provider Unit4 Business Software has snapped up MentecPlus Integrated Solutions, a company within the BECAP Fund LP investment portfolio of Jon Moulton’s Better Capital,...
View ArticleLittle British Battlers battling – and winning (5)
Here are highlights of two more ‘small but perfectly formed’ UK software and IT services companies whose CEOs we met at our inaugural Little British Battler event last week (see here). There’ll be the...
View ArticleDillistone enters 2012 in a strong state
The market softened towards the end of 2011 but AIM-listed recruitment software provider Dillistone Group expects pre tax profits to be in line with market expectations. Last year it delivered a 9%...
View ArticleTablets ‘an indulgence’ in India
The Apple iPad may be all the rage in most countries but it seems not so in India. According to reports in the Indian media, fewer than 200,000 tablet devices have been sold in the country! The issue...
View ArticleFirstsource takes further hit on margins
India-based BPO pure play Firstsource took another hit on margins in Q311 on its quest to fuel revenue growth. In the three months to 31 December, the EBIT margin more than halved to 3.5% vs. 9.3% the...
View ArticleIBM bolsters mobile with planned Worklight purchase
As part of our enterprise software predictions for 2012 (see here) we highlighted mobile as a key area of activity, and specifically movement around the Mobile Enterprise Application Platform area. It...
View ArticleUnisys returns to falling revenue in Q4
Fourth quarter results from Unisys show the company couldn’t sustain the surprise revenue growth it delivered in Q3. And despite some evidence of progress towards its strategic goals, the outlook for...
View ArticleOracle: completion and plans for RightNow
Having closed the $1.5bn acquisition of SaaS customer service provider RightNow Technologies (see here), Oracle is starting to outline what it will do with the company it says “is a big deal to us,...
View ArticleRevenues still falling at Charteris
It would be good to be able to say the situation at business and IT consultancy Charteris was improving but given the latest trading statement, that’s not to be. The declining revenue trend of the last...
View ArticleShare Indices for January 2012
What a stonking start to the year for tech! NASDAQ up 8%, TechMark 100 up 5.3% and FTSE SCS – the index that most closely tracks the UK SITS - is up 6%. Sure, the FTSE100 was up 2% too, but you have...
View ArticleAmazon pays the price for playing it long
If you read the articles on Facebook’s upcoming IPO, they all comment on the difficulty companies like Google have had coming to grips with the short-termism of investors. One needs to be able to think...
View ArticleFacebook files for IPO
So Facebook tonight has filed for a May IPO – exactly as everyone expected. The key stats are that Facebook now has 845m users, 483m daily users, annual revenues of $3.7b, $1.8b operating profit and...
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