Feeds

Win2K to blame for Computacenter profits slump

Service billings down

  • alert
  • submit to reddit

Next gen security for virtualised datacentres

Computacenter saw first half profits slump 52 per cent to £13.3 million on sales up a measly 2.4 per cent to £927 million (1999: PBT £27.5 million; sales £905 million).

In June, Computacenter prepped the market to expect a profits fall - unfortunate timing when the company was (and presumably still is) attempting a hostile takeover of Compel, Britain's third biggest reseller.

Computacenter, Europe's biggest IT products reseller, blamed the slow take-up for Windows 2000 among its corporate customers for the profits slump.

The effects of Y2k are also still apparent, with corporates not yet returning to their old free-spending ways. Question is: will they ever spend in pre-Y2k amounts with high-margin services offered by traditional resellers, or will they divert resources in to the mitts of fancy e-business consultants, such as Razorfish, Viant, and Scient. ®

Related Stories

Computacenter issues profit warning
Pan UK reseller play no longer enough

Build a business case: developing custom apps

Whitepapers

Best practices for enterprise data
Discussing how technology providers have innovated in order to solve new challenges, creating a new framework for enterprise data.
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.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?