Feeds

Business Systems Group gets down to earth

Idle hands

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Usually when a computer dealer begins to call itself an e-business consultancy, it is time to look for a large vat of salt to pinch.

But not in Business Systems Group's case. Once a major UK reseller shifting tin to all sorts of corporates, BSG is now an almost fully-fledged consultancy-cum-Web applications software house.

But when you're a consultancy you need to book out your staff time. Keep the staff idle too long, and you end up losing money. As has BSG, which didn't pull in enough customers for the first half of its financial year and made a loss of £148,000 on £37.7m turnover for the year to March 31. This resulted in lower than expected gross margins of 18.1 per cent. Consultancy business picked up again in the second half of the year, but the company reports that current levels are more like the first half of last year.

The loss includes £1.6 million of operating expenses incurred by Webgenerics Limited, BSG's Web application unit. Also there was £219,000 of costs related to a group re-organisation.

BSG made its LSE debut in July last year, raising £15 million net of expenses to fund development of its Web Generics business. The company retains net cash balances of £14.9 million net of expenses at March-end 2001.

Last week, the company bought the Experience Design Team of Atomic Tangerine, a Web development agency for £932K upfront. It will pay up to another £5.75m over the next year, depending on sales levels. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
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?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.