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Articles about Techmarketview

Blighty will be BIGGER and BETTER than Germany, confirm beancounters

Britain's teamsters may not be setting the sporting stage alight this summer but the local tech economy is heating up as it sprints to Euro glory. Figures from Chancellor George Osborne late last week showed that overall UK economic output is some two per cent larger than pre-financial crisis levels in 2008, after rising 0.8 per …
Paul Kunert, 28 Jul 2014
management management3

Fujitsu restructure shunts Brit boss Tait into top EMEIA role

Fujitsu has thrust UK veep Duncan Tait into the top role in EMEIA amid a global re-org that has led to nine high level resignations. The International Business (IB) organisation will be dissolved from 1 April and existing sales and service delivery functions will be folded into the new regional structure. The group will be …
Paul Kunert, 13 Mar 2014

CEO of Brit giant Daisy Group in talks to take biz private

Matthew Riley, the man in charge of perpetually hungry comms and tech titan Daisy Group, is part of a consortium that has made advances to buy the LSE-listed biz. The group today confirmed it “received an approach” on 27 July from its largest shareholder Toscafund Asset Management LLP and Penta Capital, as well as Daisy chief …
Paul Kunert, 13 Aug 2014
Stock ticker board

Fujitsu: Sayonara, London Stock Exchange... You're not worth the money

Japanese giant Fujitsu is to yank its shares from the London Stock Exchange in a move that will help it cuts costs and which recognises the shifting sands in global financial markets. The application to delist common stock and European Depository Receipts* from the Official List of the UK Listing Authority**, as well to cancel …
Paul Kunert, 28 Nov 2013
Scotland

Capita and Updata ink £325m Scottish PSN deal

Capita and Updata Infrastructure UK pipped BT and a joint bidding team from Vodafone and Virgin Media to scoop up the mega Scottish Wide Area Networking (SWAN) framework gig. The nine-year contract, valued at £325m, involves building and running a public sector network to be accessed by up to 4,600 sites in the country, …
Paul Kunert, 17 Feb 2014
francis_maude_flames_evil

Dell: Gov's cost-cutting mania is driving away suppliers

Dell believes the UK government has squeezed suppliers too hard on price - to the point where the PC giant, and others, are walking away from public sector business. Major IT vendors, including HP, have already questioned where the Cabinet Office will go next to ease its budget woes, having forced the biggest players to lose a …
Paul Kunert, 31 Jul 2013
Columns of coins in the cloud

Dragon's Den star's cloudy biz still losing MEEELLLLLIONS

It was a year of frenzied activity for AIM-listed Outsourcery in 2013 but none of this translated into bottom line goodness as the cloud provider's losses again outstripped sales. According to preliminary numbers reported today, the Manchester-based as-a-service firm reported a 44 per cent sales spike to £5.2m, including £4.1m …
Paul Kunert, 19 Mar 2014

BBC to spaff £18 MILLION of licence fee cash... on BIG DATA

The Beeb is planing to chuck up to £18m worth of licence fee payers' cash at data analytics suppliers to work their dark arts at the corporation. A tender for a three-year Next Generation Digital Analytics Services agreement appeared in the Official Journal of the European Union* at the weekend. "The BBC is looking for a …
Paul Kunert, 22 Oct 2013
Francis Maude

Usual suspects make UK.gov Digital Services supplier list

Some 183 suppliers have bagged a place on a nine-month, £40m public sector framework to bid for digital services project work, with a third of the firms new to government work. A tender was issued by Government Procurement Services in July. It had been looking for a maximum of 999 suppliers to provide software engineering and …
Paul Kunert, 13 Nov 2013
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

IBM offloads customer services biz for half a BEELLION DOLLARS

IBM is planning to outsource its Business Process Outsourcing customer services after last night confirming plans to offload the unit to US tech distie and BPO player Synnex for $505m. Under the terms of the deal, Synnex will cough $430m in cash and $75m in stock to take on 45,000 soon-to-be-ex IBMers operating across a network …
Paul Kunert, 11 Sep 2013

Big 20 cash hoovers: Slurp. Floop. Darn. Sluurrrp. Where's our public sector IT dosh?

Half of the top 20 software and IT services (SITS) suppliers to UK.gov saw their public sector biz decline last year as Cabinet Office Minister Francis Maude and his merry band of axemen waged war on the oligopoly. The names on the list collated by TechMarketView remains unchanged on a year ago but the proportion of revenues …
Paul Kunert, 21 Feb 2014
Ontario Muncipal Employees Retirement Scheme

Sugar daddy beds nurses, plod, firemen software biz with fat wad

Omers Private Equity has coughed up £390m for public-sector services and software supplier Civica. A metaphorical "for sale" sign was erected outside the integrator by former owner 3i last autumn, but it was unclear if it would end up in the hands of a rival, another venture capitalist or the bosses in a management buyout. The …
Paul Kunert, 09 May 2013
slice of pizza

Redcentric wolfs down InTechnology MS, becomes swing-bellied midmarket fatso

Redcentric has devoured InTechnology Managed Services in a reverse takeover* valued at £65m that creates a relative midmarket channel powerhouse. Under the terms of the deal, first revealed by The Channel this weekend, 80 million shares priced at 80 pence each will be placed with institutional investors to raise £64m and the …
Paul Kunert, 18 Nov 2013
tumbling dice

Stand back, everyone! Dragons' Den ace HAS FOUND THE CLOUD

The wait is almost over for any Brit wanting to take a punt on a homegrown cloud services firm: the UK-based Outsourcery is poised to list on the Alternative Investment Market (AIM)* this Friday. The Manchester-headquartered business is placing a little more than 11.5 million Ordinary Shares at 110 pence giving it a market …
Paul Kunert, 22 May 2013
Abbott and Costello dressed as policemen

UK gov dials 999 over Serco prison escort fraud claims

Outsourcing giant Serco is being probed by the cops over allegations of fraud relating to its Prisoner Escort and Custody Services (PECS) contract with the Ministry of Justice. Under the terms of the contract, Serco is supposed to ferry defendants from prison to court on time and is measured against this. The suspected fraud …
Paul Kunert, 29 Aug 2013

Daisy Group battles to keep 2e2 managed services user base

Daisy Group has been locked in conversations with 2e2's managed services customers after taking charge of the integrator's data centres, to reassure them there is no need to jump ship. On Friday morning, Peter Dubens, owner of Oakley Capital and chairman of Daisy Group, took over the Reading and Gateshead server farms and handed …
Paul Kunert, 15 Feb 2013
cubicle_farm_computers_channel

IBM outsources UK desktop support operation lock+stock to Phoenix

IBM is the Global Services Provider (GSP) that is outsourcing desktop support to Phoenix IT Group, The Channel can reveal. Yesterday Phoenix confirmed it has penned a five-year £40m contract with an unnamed GSP to provide desk-side services for the firm's employees as well as its customers. Around 180 IBM staffers are to be …
Paul Kunert, 28 Nov 2012
BYOD

BYOD cheers up staff, boosts productivity - and IT bosses hate it

Costs, security headaches and battles to get different technologies working with each other are stalling Bring-Your-Own-Device schemes in UK offices, according to new figures. In an Insight poll of 232 IT managers in Blighty, 79 per cent said they aren't implementing strategies to allow employees to buy their own kit for both …
Paul Kunert, 04 Oct 2012
medical_doctor_health_channel

CSC axes doctor support software in the UK

CSC has finally confirmed it is pulling its GP support products from the primary care market. The company is dropping its iSoft products, including Synergy, Premiere and Ganymede, after they run through their existing contracts. CSC will support the gear until the end of October next year for practices in England and Northern …
sold sign

Advanced Computer Software gobbles Fabric Technologies

Advanced Computer Software Group has acquired London-based services reseller Fabric Technologies for £4.6m in cash. The firm will be incorporated into ACS' 365 Managed Services division, also based in the capital, adding some 160 mid-market clients in bank and other professional services. Vin Murria, chief exec at ACS - a …
Paul Kunert, 01 May 2012
kitchener we want you

Cumbria County Council: We'll sort our own ICT support, thanks

Cumbria County Council has opted to run its ICT services in-house after failing to agree terms with a third-party provider. The previous seven-year contract with Agilisys, which covered ongoing ICT and business consultancy services, had been due to expire on 1 April. Following a tender process, Computacenter (CC) was confirmed …
Paul Kunert, 18 Jul 2012
channel

Maxima brags of £6m deals to woo admirers

Managed services provider Maxima Holdings has flagged up to any potential buyers that it has bagged £6m worth of contract wins. The AIM-listed company erected a "For Sale" sign outside its London-based premises last year but talks with interested parties came to nothing, leading to a shakeup of senior management as M&A veteran …
Paul Kunert, 26 Apr 2012

VC plans to flog or float public sector biz Civica next year

Private equity backers of public sector services and software player Civica are reportedly gearing up to punt or float the business early next year. Venture capitalist 3i is reviewing its options, says the FT. This comes more than four years after 3i forked out £190m to take the one-time AIM-listed operation private. Investment …
Paul Kunert, 03 Oct 2012
channel

Adapt swallows eLINIA for £13m, plans £100m sales op

Adapt, the venture-backed UK managed service provider, is touting ambitions to build a £100m operation inside four years and has taken a small step toward that goal by stumping up £13m for infrastructure outsourcing firm eLINIA. Lyceum Capital, pumped £30m on London-based Adapt in September last year and the company has started …
Paul Kunert, 17 Apr 2012

Sage thrusts small biz tool into Microsoft Azure

Sage is to hitch its SME enterprise resource planning (ERP) software to Microsoft's Azure in a bid to speed up customer migration to subscription-based products. The development work has begun on the software – dubbed Sage 200 in the UK and Sage Murano in Spain –  to integrate it with Microsoft's cloud platform and the result …
Paul Kunert, 04 May 2012
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
Logicalis

Logicalis profits throttled by tight-fisted biz

Logicalis UK has been hit by a freeze in demand as customers weathered the biting economic storm. The British subsidiary saw sales edge up 1 per cent to $296m (£185.8m) year-on-year and a 24 per cent fall in earnings before interest, taxes, depreciation and amortization to $9.7m (£6.09m) for fiscal 2012 ended February. At group …
Paul Kunert, 16 May 2012
For Sale sign detail

HP extends deadline as Autonomy shareholders drag feet

HP has extended the acceptance deadline for its Autonomy bid as fewer than half the UK software developers' shareholders approved the £7bn deal. Yesterday's closing date for agreeing on HP's £25.50 per share offer made on 19 August passed with just 42 per cent of Autonomy investors giving the thumbs-up, despite the deal …
Paul Kunert, 13 Sep 2011
channel

IT services market down by 40 per cent, says Ovum

Disappearing mega-deals saw the global IT services market slump to an eight-year low in the second quarter, according to Ovum. Stats from the beancounter show that total contract values (TCV) dived 40 per cent year-on-year to $19bn as the number of agreements penned fell by a fifth to 384. The market went from "bad to worse" in …
Paul Kunert, 05 Sep 2011
channel

Capita signs £560m deal with BBC

The Beeb has signed a £560m eight-year deal with Capita to manage TV licences, deploying tech and analytics in a bid to cut costs and boost revenues. The renewal of the previous gig £500m gig signed in 2002 comes as Auntie faces pressure from government austerity measures, with the licence fee frozen until 2015 – which …
Paul Kunert, 02 Dec 2011
European Union Flag

European Commission: Cloud will save us from economic doom

The European Commission is to create cloud computing standards across its 27 member states to spur customer adoption and boost local economies. Cloud has already been hyped to death in the commercial world and now the EC is adding to the marketing bluster. It said in its new strategy document – "Unleashing the potential of …
Paul Kunert, 27 Sep 2012
The Register breaking news

UK software and services market wedged in U-bend

The UK software and IT services (SITS) industry will limp along for at least the rest of this year and the next before staging a very gradual recovery. This is according to bean-counters at TechMarketView, whose stats show the sector has been in annual decline since the recession that started in 2008 – and shows no signs of …
Paul Kunert, 03 Aug 2011
chart

Capita poises axe over 1,000 staff - jobs headed to India

Capita IT Services (CITS) has told 1,000 staff they are at risk of redundancy and plans to offshore roles to India. The cuts were announced to employees this morning on the same day that the Department for Education confirmed that CITS was among 18 companies selected for an £575m IT framework. Company insiders told The Reg that …
Paul Kunert, 30 Mar 2012
globalisation

BYOD is a ticking time bomb for B2B resellers

The Bring Your Own Device (BYOD) trend among organisations will mean a £2bn sales boon for UK service providers within five years but will "significantly disrupt" the B2B hardware channel, says the analyst firm TechMarketView. Senior management within firms and younger employees, particularly those under 30, expect to use their …
Paul Kunert, 19 Apr 2012
channel

Capita coughs up £29m for financial services house

Capita has splurged £29m on AIB International Financial Services, (AIBFS) as it continues to broaden its commercial base outside of the UK. The deal – subject to regulatory approval in Ireland, Luxembourg and the Netherlands – will give the company entry into Switzerland and Hungary as well as adding a chunk of revenues to its …
Paul Kunert, 02 Aug 2011
channel

Lumison swallows DediPower Managed Hosting

Lumison has snapped up Reading-based cloud and co-lo player DediPower Managed Hosting for an undisclosed sum. This is the second deal this year for private equity backed, managed services provider Lumison, run by former Computacenter director Mark Howling, after forking out £22m for data centre co-location outfit Blue Square …
Paul Kunert, 04 Oct 2011
chart

Acquisitive reseller plots 'buy and build' trajectory

The boss at acquisitive software reseller and managed service provider m-hance claims the Microsoft mid-market channel is ripe for consolidation. Mark Thompson was brought on board as CEO by Fiona Timothy, chairman at Calyx – acquired by Better Capital in September 2010 – having previously worked together in the management team …
Paul Kunert, 02 Nov 2011
The Register breaking news

Gloomy forecast, job cuts, product delays at RIM

Research In Motion (RIM) has issued a profit warning, plans to cut the workforce and delay product launches amid fierce competition from smartphone rivals. The BlackBerry and PlayBook maker grew 2012 fiscal first quarter revenues 16 per cent year-on-year to $4.9bn (£3bn) as profits slid nine per cent to $695m. But on a …
Paul Kunert, 17 Jun 2011
For Sale sign detail

Public-sector software and services looking limp

Resellers punting software and IT services (SITS) to the public sector have been warned to prepare for meagre times ahead with only business process outsourcing providing major pockets of growth. This is according to research veterans at TechMarketView (TMV), who claim that compound annual growth rates (CAGR) across the …
Paul Kunert, 09 Sep 2011
grab_that_cash

Stay 10 steps ahead of big vendors before they steal your lunch

So far the data centre channel has been reasonably resilient to the economic downturn, but news of a double-dip recession will send many resellers scrambling for their tin helmets. The reality is that value-added resellers (VARs) are being squeezed like never before, and a most unlikely threat has emerged: big vendors offering …
Andrew Binding, 06 Jul 2012
The Register breaking news

Lightning strikes cloud: Amazon, MS downed

Microsoft has been left reeling again after another BPOS crash but at least on this occasion it was not alone, as Amazon's EC2 web services were also downed by the same act of God in Europe. A bolt of lightning struck a transformer at a power utility provider in Dublin, causing an explosion that took down the back-systems last …
Paul Kunert, 08 Aug 2011
The Register breaking news

Tech can make Britain Great again

The UK's technology industry can pull the country out of its debt hole and make up for the decline in manufacturing. So reckons Micro Focus, which is launching a manifesto called Making BrITain Great Again. The group is promoting five policy moves backed by its panel of three parliamentarians - Tory Lord Young of Graffam, Labour …
John Oates, 22 Jul 2009