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Sanderson heads happily into H2
The disposal of the Sanderson RBS EPOS business to Torex at the start of the year (see here) that generated a cash injection of £11.75m and put Sanderson Group onto a more secure financial footing...
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Facebook valued North of $100b
Facebook has increased the top end of its target IPO price from $34 to $38 thus paving the way to a $104b valuation. Apparently the IPO is already considerably over subscribed. Everyone expects the...
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No (bad) news is good news at Xchanging
The best that can be said about today’s trading update from beleaguered UK BPO player, Xchanging, is that there are no unpleasant surprises. If you want to read about prior unpleasant surprises, start...
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Margins slump as Firstsource wrestles rampant attrition
'New' CEO, Rajesh Subramaniam, has his work cut out at Mumbai-based offshore BPO player, Firstsource, though this should come as no surprise given his prior tenure as CFO (see here). Like much larger...
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Lombard Risk Management: waiting for regulatory wave
When your performance is heavily influenced by waves of regulatory change year on year fluctuations are to be expected and Lombard Risk Management has just demonstrated that with revenue up just 8%...
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Anite: powerful end to a good year
Anite expects to end the year (to April 30 2012) with revenue and adjusted profit before tax up 30% and 60% respectively, aided by a strong Q4. Today’s trading update shows that the pattern...
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Logicalis still finding UK tough going
Full year results from South Africa-based reselling and services player Datatec show it is benefitting from growth in developing markets. But it’s been tougher going in the UK, where its Logicalis...
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Tribal: Geographic diversification boosts orders
Following a testing year for Tribal in FY11 (see Tribal slides on mixed signals), this morning’s trading update seeks to renew confidence in the prospects for the business. Tribal, which is now...
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Six Degrees adds eighth and ninth degrees
Acquisitive mid-market services provider Six Degrees Group has announced two more acquisitions. We spoke to CEO Alistair Mills to get more insights on this eye-catching managed services player. The...
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SAP's latest cloud push
As expected, there is plenty of discussion at SAP Sapphire about its cloud strategy and product plans. Key announcements include the news that SaaSy Business ByDesign has been broken apart so...
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Parity on course for new mission
Despite our misgivings about the direction that Parity top team Philip Swinstead and Paul Davies are steering the company, at least they are unwaveringly sticking to plan. Today’s trading update was...
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SAP: partnering every which way it can
As we noted in SAP developments open up opportunities for the ecosystem, the success of SAP’s initiatives around cloud, mobility and in-memory technology are heavily reliant on the commitment of its...
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WANdisco to dance to the beat of AIM’s drum
Actually, they have nothing to do with dance music, despite the name. Sheffield/Silicon Valley-based WANdisco (Wide Area Network Distributed Computing), the self-styled ‘leading provider of global...
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Ian Watmore retires from Civil Service
It seems like only yesterday that we were writing about Ian Watmore becoming Permanent Secretary of the Cabinet Office (following Gus O’Donnell’s retirement). Indeed, it has only been a few months -...
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Big hitters return to UK tech VC market
There was a dramatic boost in the number of VCs participating in the UK tech market last quarter, with some ‘big hitters’ returning to the fray. Latest data from corporate finance firm Ascendant...
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Azzurri looks to growth despite revenue decline
Managed communications and contact centre provider Azzurri released its FY11 results earlier this week. We spoke to CEO Vim Vithaldas about the results and, more importantly, the recent performance...
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BT stakes a claim in BYOT
BT’s new survey results on BYOD (or BYOT, as we prefer to call it at TechMarketView) caught our eye today. The company is using primary research conducted in 11 countries with 2,000 interviewees to...
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Facebook's day arrives
Today’s the day. Facebook shares will start trading on NASDAQ today with a float price of $38 valuing them at $104b. It is fully expected that the shares will soar as retail investors get their first...
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Blinkx: early stage market jitters
Full year headline figures look impressive for video search software provider Blinkx but the underlying picture has some flaws as the cost of growth takes its toll and the company waits for video...
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Mahindra Satyam tops out year with challenging quarter
The good news for ‘born again’ Indian offshore services firm, Mahindra Satyam, was the evident progress they have made over the past year. Headline revenues for the year to 31st March rose by 24% to...
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