Feeds

Outsourcing boosts Workplace margins

Profits up 30 per cent

  • alert
  • submit to reddit

Build a business case: developing custom apps

Network integrator Workplace Technologies increased sales by 30 per cent, to £40 million, and profits by 33 per cent to £1.3 million for the six months to 30 June. A hike in gross margin from 21.7 per cent to 23.5 per cent fuelled the impressive results as it focused on high-margin network support business. Workplace Technologies said that the results - the first since the company floated - were boosted by a number of large network support contracts, and these would increase as more and more customers contracted out support of their networks. MD Andrew Vaughan said that there was considerable scope for Workplace Technologies to increase its support services, as networks become more complex, carrying voice, fax and data leading more companies to outsource. "The higher margin business has continued to grow," he said. Network integration margins had also increased slightly, said the company. Workplace Technologies has more than 100 outsourcing contracts to support customer networks, including Daewoo Cars and Dixons Stores Group.

Boost IT visibility and business value

More from The Register

next story
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.