RM revenue declines in face of UK.gov slash fest
US customer demand remains crappy as well
School tech provider RM is still struggling with a "subdued" market, following the UK government's recent allocation of education funds.
The company said in a pre-close update this morning that revenue in the first half of its fiscal year, which ends on 31 March 2011, would be down on 2010's H1 figures.
Terry Sweeney, RM's boss, said: "Market conditions continue to be subdued as customers respond to changes in policy and funding. Consequently we are aligning our cost base to reflect the new conditions and to protect Group profitability."
RM said sales of interactive classrooms were sluggish in the US and the supplier has seen lower customer demand for developments and enhancements in its assessment and data business.
The company said it was in the process of cutting costs in the areas of the business that had suffered the most from the slump. ®
ah, the 380z ... Have RM updated anything since then?
RM, expensive ....
Well I would guess that they are losing a lot of money in the VLE area as well, the piss poor offering that they were busy flogging 3 Years ago has just come up for renewal, most schools won't miss it and will save thousands. The salesman I spoke to when trying to get if fixed,basically said maybe the rubbish they sell was not for us, and we should go else where, but they already had 30 grand for sweet FA.
Or maybe if you want the latest CC4 server, you might be a bit put off by the windows 2003 server they will sell you, not having quite got 2008 working yet.
Robbers selling crap to the mostly non business like staff at schools. I suppose support, which is patchy at best will suffer, though how far further down it can go I'm not really sure.
If you send in a three page report on the problem, they will normally ask what colour database it is (purple I hear it's fastest), just to cover the 4 hour response time.
To be honest they do allow slightly techie people to look after a network, but it is a bit touch and go sometimes.
@ Dell sales force #
Nah, HP, Lenovo and Acer are also far better built as well.
I think you know that's highly unlikely.
'aliging our cost base' usually means sackings and more out-sourcing.
Yup, I'll go for the 'Fail' as well
@AC of 9:29
Early model 280z with COS 2.0. sometime in the mid 70's
Yes COS == Cassette Operating System
came with a duck shoot game that had scarey similarity to AngryBirds