Feeds

Articles about Mike Norris

union_jack

Computacenter's UK biz up by a fifth. XPocalypse bounce? Well, sort of...

The sun continues to shine on Computacenter's UK biz after a barnstorming first quarter was again boosted by the XP refresh and the firm's Professional Services order book, which it claims is in rude health. The services-based reseller reported to the London Stock Exchange a 20 per cent hike in revenues to £350.4m across Blighty …
Paul Kunert, 24 Apr 2014

Rebounding Brit IT market beefs up Computacenter top line

Computacenter vaulted the £3bn barrier for the first time in its history during 2013 after bagging some meaty services and product deals in Blighty, but one-off charges in continental subsidiaries weighed heavy on the bottom line. Group revenues for one of Europe's largest resellers bounced 2.5 per cent year-on-year in constant …
Paul Kunert, 11 Mar 2014

UK enterprises are SPENDING again, bellows Computacenter

A double-digit hike in Q4 hardware and software sales to large enterprise customers in Blighty helped Computacenter (CC) end calendar '13 on a high note, despite a more mixed performance across continental Europe. In a trading update - full results are due in March - the CC Group posted a three per cent revenue gain in constant …
Paul Kunert, 16 Jan 2014
fire at London olympic site

Reseller Computacenter LITERALLY smokes out squatters from offices

IT reseller giant Computacenter has smoked out a bunch of squatters who took up residence at its former offices in London. The rent-freetards had set up camp after finding a way into the building, which is next door to the company's headquarters in Blackfriars. But the vagabonds spent just a few nights in the premises before …
Paul Kunert, 07 Jun 2013
channel_teaser_money_top

Computacenter: We've so much cash we're GIVING AWAY MEELLIONS

One of Europe's largest resellers, London-based Computacenter, has helped investors get the Bank Holiday weekend off to a good start by confirming plans to return £75m to them. Computacenter said in a statement to the City that it is proposing a one-off "return of value" to shareholders of 48.7 pence per ordinary share. The £ …
Paul Kunert, 24 May 2013
Computacenter building in Hertfordshire MUST CREDIT: Jack Hill and is licensed for reuse under the Creative Commons Attribution-ShareAlike 2.0 license

Computacenter profits tumble after German 'stumble'

UK IT outsourcing giant Computacenter saw pre-tax profit fall more than 10 per cent in the 12 months ended 31 December. The company reported to the City this morning that revenues for 2012 were relatively flat, up 2.2 per cent to £2.91bn compared to £2.85bn a year earlier. Profit before tax stood at £64.8m - a fall from £72.1m …
Team Register, 12 Mar 2013
arrow pointing up

Computacenter rips up £43m council contract over razor-thin margin

Computacenter chief exec Mike Norris says the reseller giant stepped out of an ICT services contract with Cumbria County Council (CC) before kick-off because it was "confident" the deal would be loss-making. The council in January, apparently prematurely, confirmed Computacenter as the preferred bidder for a five-year contract …
Paul Kunert, 23 Mar 2012
channel_teaser_exit

Insight Enterprises EMEA president Fenton quits

Insight Enterprises EMEA president Stuart Fenton has resigned after more than a decade at the helm but is remaining on board until the end of the year to help recruit his successor. Fenton joined the reseller giant as UK boss in October 2002 - three years after it acquired Choice Peripherals to set up a Euro beachhead and some …
Paul Kunert, 24 Apr 2013
Computacenter

Computacenter to hire 700 new bods to meet bulging service needs

Computacenter (CC) is splashing £7m on hiring hundreds of personnel and investing in systems to underpin faster than expected growth in services, the London-based reseller giant confirmed this morning. But surprises for investors didn't stop there: CC also warned that should the depreciation of the Euro against sterling remain …
Paul Kunert, 14 Jun 2012
Mike Norris

Reseller kingpin: My rise from school disco boss to FTSE 250 biz

It's a chilly night in December 1978, and inside Zhivago's nightclub in Southend, a bunch of pubescent disco divas are getting down to the sounds of Earth, Wind and Fire, amid the clink of Tizer bottles and the rustle of terylene slacks. Mike Norris This was the glamorous setting where Mike Norris, head boy at Eastwood High …
Paul Kunert, 06 Jun 2012
union_jack

Blighty's IT support services to decline in 2013, 2014, 2015....

2013 will be a "make or break year" for some IT firms in the declining UK support services space, according to the venerable beancounters at TechMarketView. In TMV estimates, the UK IT support and maintenance market declined 3.5 per cent in 2012 to £1.76bn, is set to fall 3.5 per cent again this year and by 2.5 per cent in the …
Paul Kunert, 11 Mar 2013

Fujitsu Tech Solutions boss: I am an industry 'insurgent'

Fujitsu UK and Ireland bigwig Michael Keegan is trying to highlight and exploit any uncertainty surrounding Dell and HP to win over distribution partners sitting at those vendors' top tables. Keegan, executive director of the Technology Product Group is clearly in self-licking mode, armed with growth stats that reveal the extent …
Paul Kunert, 18 Jan 2013
Mike Norris

Ex-disco kid Computacenter boss: 'Cloud? It makes me angry'

Computacenter was a £463m sales organisation when Mike Norris took the helm in 1994, with an operating profit of £8.5m. In 2011, turnover was £2.85bn and operating profit was £74m. Norris began his ascent through the ranks in 1986, when he was made the firm's top account manager. Two years later he was regional manager for …
Paul Kunert, 12 Jun 2012

IDC: Outsourcing sector needs rescue fund for cloudy customers

The outsourcing industry should develop a voluntary crisis fund to give protection to customers should their services provider hit the wall. This was proposed by IDC in light of 2e2's recent high profile collapse that left some customers scrambling for alternative suppliers, and highlighted the pitfalls of outsourcing. One …
Paul Kunert, 15 Feb 2013

2e2 cloud cash fiasco puts NHS IT and biz 'over a barrel'

NHS trusts and other customers of IT giant 2e2 are stuck between a "rock and a hard place" after their worst nightmares of cloud computing came true. Hospital bosses and private businesses relied on the integrator to operate their outsourced cloud systems - but 2e2's administrators demanded extra cash last week to keep those …
Paul Kunert, 08 Feb 2013
channel

Computacenter celebrates 30th birthday with strong results

Computacenter grew sales by 10.7 per cent in 2010 to £2.68bn and managed to increase adjusted profits by 21.8 per cent to £66.1m. Earnings per share are up 19.1 per cent to 33 pence. Mike Norris, chief executive at Computacenter, said the last two years had shown the company identifying and moving into more profitable markets. …
John Oates, 10 Mar 2011
homeless man with sign

Computacenter veteran O'Hara exits stage left

The exit of Computacenter veteran Julie O'Hara has resulted in a rejig of the UK sales leadership team, The Register understands. During a 15-year tenure at the services-based reseller giant, O'Hara held various director roles with the last 24 months spent looking after the financial services and retail customers. Mike Norris, …
Paul Kunert, 21 Feb 2012
channel

Analysts see no Oracle hardware-biz recovery on horizon

The road ahead for Oracle's plucky band of hardware resellers in not certain say analysts. The admonition comes in the wake of Oracle's latest numbers which show that software licensing and support revenues rose in its third quarter but hardware and systems support fell 16 per cent and and four per cent respectively. Commenting …
Paul Kunert, 02 Apr 2012

McDonalds-card-toting Softcat boss: I couldn't tell you how a computer works

The much-lauded chairman of software reseller Softcat has carved out a high-flying career selling tech - but paradoxically Martin Hellawell can't explain how a computer computes nor the inner workings of a mainframe. Still wet behind the ears and straight out of uni in 1988, Hellawell made an inauspicious entry into the world of …
Paul Kunert, 09 Apr 2013
arrow pointing up

Computacenter's Euro ops outshine sluggish UK biz

Computacenter saw UK revenues slip in 2011, but strong growth in its European operations boosted revenues overall and underpin a bullish forecast for 2012. The mega reseller and services firm’s German, French and Belgian operations now account for just under half its adjusted operating profit, emphasising its success on the …
Joe Fay, 13 Mar 2012
Pim Dale, Systemax EMEA CEO

Systemax CEO: We want to be Number One in five years

Systemax EMEA CEO Pim Dale is plotting an expansion strategy to become the largest reseller in the region within five years. Industry vet Dale, former EMEA veep and GM at one-time direct selling purist Dell crossed into the channel for the first time in January when he pitched up at Systemax. He reckons its the "age of the …
Paul Kunert, 03 Jul 2012
channel

Compaq UK founder Joe McNally has died

Compaq UK and Ireland founder Joe McNally has passed away after a three-year battle with cancer. He was 69. joe_mcnally_2 Joe McNally Picture by: Eddie Boldizsar McNally set up the UK beachhead for the Houston PC titan in 1984 with just £2,000 and a load of stock that he famously personally delivered by black cab, growing it …
Paul Kunert, 05 Mar 2012
channel

Bischoff's bargain-basement breakout battle at Acer

Troubled Taiwanese PC maker Acer has enlisted the services of former HP and Fujitsu Siemens exec Bernd Bischoff to advise on a "ground-up restructure" of its EMEA professional business. The consultancy role was confirmed to senior staff by president Walter Deppeler as Acer, wrestling with excess kit woes and weakened demand in …
Paul Kunert, 13 Jul 2011
channel

Computacenter veteran boss in surprise departure

Simon Walsh, a 17-year veteran of Computacenter, and currently a managing director, is leaving the reseller giant after Christmas. Mike Norris remains chief executive of the company, a job he's had since 1994. The firm has another managing director, Chris Webb - but he deals with the services side of the business. The company …
John Oates, 02 Nov 2010
globalisation

Computacenter shares up on profits promise

Computacenter shares are up almost five per cent today on news that profits for last year should be at the top end of estimates. Updating the markets on trading ending 31 December 2010 Computacenter credited growth in services revenue and a return for growth in product sales for the good news. Group revenue for services was up …
John Oates, 11 Jan 2011
globalisation

Computacenter sees profits up, revenues down

Mega reseller Computacenter delivered on its forecast of better-than-expected profits for 2009, though revenues actually declined at the firm. Results for the firm show revenues for the year to December 31, 2009 slipped 2.2 per cent to £2.5bn. Pre-tax profit was £48.4m, up 22.4 per cent on the year. Adjusted profit before tax …
Joe Fay, 11 Mar 2010
channel

UK biz buoys Computacenter

Computacenter's unaudited results for the first six months of the year show a decent performance all round - with even troublesome Germany showing signs of improvement. Sales for the six months ended 30 June 2010 are up 5.4 per cent to £1.29bn. Profit before tax was up 75.1 per cent to £21m (less exceptional items) and the …
John Oates, 27 Aug 2010
channel

Computacenter reports profits slide, warns on market

Computacenter posted decent revenues for the six months ended 30 June 2008 but warned that current trading wasn't that great. The reseller made £1.25bn in sales compared to £1.16bn in the first half of 2007. But profits before tax were down 14.2 per cent to £11m. Earnings per share, however, were up 10.6 per cent thanks to a …
John Oates, 17 Oct 2008
fingers pointing at man

Computacenter says profits 'materially' ahead of forecasts

Computacenter said its profits for 2009 will be well ahead of expectations, as it saw services grow in the last quarter and hardware buyers rush to beat the government's VAT increase. The reselling giant said profits before tax and exceptionals should come in "materially ahead of consensus expectations" of £48.4m. Exceptionals …
Joe Fay, 12 Jan 2010
globalisation

Computacenter injects a bit of predictability into revenue mix

Computacenter saw shares climb this morning as it updated investors on a successful first half of the year. For the six months ended 30 June 2009 profits were ahead of expectations, ignoring one-off items, thanks to a ten per cent increase in contractual services revenue. Elsewhere the recession is hitting the business - …
John Oates, 09 Jul 2009
channel

Computacenter grows revenues as profits fall

Computacenter pre-tax profits are down slightly for 2008 but revenues grew 7.6 per cent to £2.56bn. For the year ended 31 December 2008 Computacenter saw profit before tax fall 6 per cent to £39.5m. Chief executive Mike Norris said it was impossible to draw many conclusions for the year ahead until the company had completed its …
John Oates, 10 Mar 2009
graph up

Computacenter reorganises

Britain's biggest reseller is hoping a total reorganisation of its business will help it back to bigger profits. Computacenter boss Mike Norris spent today talking to analysts in the City. George O'Connor, an analyst at Shore Capital, who was at the meeting, said: "As expected he unveiled a new organisation model, moving away …
John Oates, 05 Jul 2005
Computacenter

Computacenter coughs to gloomy first quarter

Computacenter has warned of difficult trading in the first quarter of 2008, especially in France and the UK. The reseller said business in the UK had picked up towards the end of the quarter. They came in at £346.6m, up 1.1 per cent overall but down 1.5 per cent on a like for like basis. Sales in Germany were flat. Non-UK sales …
John Oates, 16 May 2008
For Sale sign detail

MBO off at Computacenter

A management buyout bid at Computacenter’ has been terminated, meaning the dealer giant’s shares will stay on the stock market – for now at least. The bid emerged last November. It was led by Computacenter co-founder Peter Ogden and encompassed senior executive management at the firm. However, the firm announced today that the …
Team Register, 19 Jan 2006
channel

Computacenter issues profit warning

Computacenter has issued a full-year profit warning for 2005, just a month after reporting its 2004 results. The warning sent shares on an 11 per cent, or 33 pence slide early Wednesday morning. It warned that unless market conditions change, its profits would be "substantially below last year" when it reported profit of £67.3m …
Lucy Sherriff, 20 Apr 2005
hands waving dollar bills in the air

'What does HP do?' asks Europe's biggest dealer

Mike Norris, the plain-speaking chief executive of Computacenter, has launched a scathing attack on Hewlett-Packard - the firm's principal trading partner. Talking to The Independent, Norris said: "If you look at it, what do they [HP] do? What's their job? The software is made by Microsoft, Intel make the processors, that's …
John Oates, 16 Mar 2005
The Register breaking news

Computacenter promises it will hit 2000 targets

Computacenter has calmed investors by giving analysts a soothing briefing yesterday and saying it would definitely hit 2000 pre-tax profit targets of £54 million. The firm's shares hit a four-week high on this. The stock is 75 per cent below its February peak. Chief exec Mike Norris said the company had not lost credibility …
Robert Blincoe, 12 Jan 2001
The Register breaking news

Great Stan of resellers shows off its financials

Computacenter has reported turnover and pre-tax profit growth in the UK for the sixteenth consecutive year. The reseller giant today recorded preliminary results showing turnover up 39.9 per cent to £1.6 billion. Pre-tax profit rose 37.2 per cent to £64.6 million for the year ended 31 December 1998. The UK company’s earnings per …
Linda Harrison, 16 Mar 1999
The Register breaking news

Computacenter hit by PC price tumble

Computacenter, the largest reseller of PCs to European businesses, sold a record number of computers on the back of Microsoft XP upgrades during the first half of the year - but price declines meant that product revenue declined in its core UK market. It may now have to look towards service company acquisitions to improve its …
Datamonitor, 07 Jul 2004
The Register breaking news

Computacenter to IPO Biomni

Computacenter has outlined plans to IPO its Biomni subsidiary after posting soaring profits for 1999. The reseller giant today said it would float its 50 per cent share in the business-to-business e-commerce "in the first six months of the year". The announcement came four months after Biomni was started with Computacenter's …
Linda Harrison, 14 Mar 2000
The Register breaking news

Computacenter deal makes Ballmer super-excited

Computacenter announced this morning an alliance with Microsoft that will create 1,000 new jobs. Financial details of the alliance remain secret, but it's a nice deal for Computacenter, and not very good news for its competitors. Of the 1,000 new jobs, to be created over a three-year period, there will be 900 in the UK (half in …
Graham Lea, 05 Oct 1998
The Register breaking news

UK corporate PC spending depressed

Computacenter, Europe's biggest computer dealer, yesterday issued a trading update: second half is better than the first, and it's meeting expectations. However, Mike Norris, chief executive, notes: "IT spending in our markets has remained depressed and conditions in certain sectors, most notably investment banking, have …
Drew Cullen, 05 Jul 2002
The Register breaking news

Computacenter expects sales growth slump in second half

Computacenter saw profits jump 60 per cent for the first half of 2001, but warned that figures were likely to remain flat for the full year. The UK PC reseller said today pre-tax profit before exceptionals was £34 million for the six months ended June 30 2001. This compared to £21.2 million for the same period the previous year …
Linda Harrison, 15 Aug 2001
The Register breaking news

Computacenter touts e-commerce for the corporate rich

Computacenter has launched a e-commerce company to sell everything from PCs to paperclips to big corporates. Very big corporates. Companies with 15,000 users will have to fork out around £500,000 for the service. Biomni, a joint venture between Computacenter and its sister company Computasoft e-Commerce, will be an extension of …
Linda Harrison, 04 Nov 1999
The Register breaking news

Computacenter misses £2bn t/o by a whisker

Computacenter has posted pre-tax profits of £55.6 million for the 12 months to 31 December 2000, down 26 per cent on the £75.1 million it made in 1999. But it did hit its targets. Sales for the year were up 13 per cent to £1.99 billion. It has been £1.76 billion in 1999. Mike Norris, Chief Executive, acknowledged that Y2K had …
Robert Blincoe, 14 Mar 2001
The Register breaking news

Computacenter launches hostile bid for Compel

Computacenter, the UK's second biggest reseller, has launched a hostile 85 million take-over bid for the UK's third biggest reseller Compel. The company this morning said it had approached the board of Compel with a cash offer of 275p per share to buy the whole group. The move comes two weeks after reseller Specialist Computer …
Linda Harrison, 01 Jun 2000
The Register breaking news

Computacenter 'preps £250m Synstar bid'

Shares in Computacenter jumped five per cent yesterday on market speculation that it was preparing a £250 million bid for Synstar, Europe's biggest IT maintenance firm. According to The Times, the paper that likes to be known as journal of record, Computacenter had also "informally explored a merger with its rival Compel, but …
Drew Cullen, 30 Sep 1999
The Register breaking news

Ethical hackers meet airbag-toting cyborgs

We ran an article this week about Harvard Business School's decision to reject applicants who had used a mini-hack to sneak a peek at the status of their applications. In it, writer Mark Rasch asked a lot of questions about the ethical position of the applicants, the university and the those responsible for the security of the …
Lucy Sherriff, 24 Mar 2005
The Register breaking news

Pan UK reseller play no longer enough

(This article appeared first in Direct Access, a Microsoft UK online channel magazine.) Pundits often talk of Internet disintermediation – basically manufacturers bypassing distribution to sell direct to customers. However, few vendors are set up to sell complex solutions – they will continue to rely on resellers to sell their …
Drew Cullen, 07 Jul 2000