Japan shines again in Fujitsu Q1
First quarter results for Fujitsu show the firm increased both revenue and profits in the three months to end June. Revenue was up 3.8% to 830 billion yen, helping to lift the adjusted operating margin by 2.5 percentage points to 7.0%. A “healthy demand” for digital and modernisation services in Japan helped boost the region, […]
Computacenter expecting lower profits in H1
A trading update from Computacenter this morning shows the firm is expecting adjusted profit before tax for the first six months of the year to be lower than the comparable period in 2023. However, this is not unexpected given the strength of the H1 2023 performance. There is no specific update on Services revenue, but […]
Welcoming a new TechMarketView era
This summer marks a year since TechMarketView Founders Richard Holway and Anthony Miller hung up their boots and passed the baton on to the MBO leadership team. The move, 16 years after TechMarketView was founded, marked a major milestone for the company. For the last year, TechMarketView’s Partner team, consisting of Tola Sargeant, Georgina O’Toole, […]
Software Circle acquires Link Maker
UK-based Software Circle has acquired children’s social care social enterprise business Link Maker Systems for £4.5m. Formerly known as Grafenia, Software Circle specialises in the acquisition of vertical market software businesses across graphics, e-commerce, finance, property, and care management. An initial consideration of £3m was paid at completion, with £1.5m contingent on future financial performance […]
Sequential growth resumes at Tech Mahindra
Following a weak end to lacklustre FY24, Tech Mahindra has seen its top line trajectory take a small turn for the better during the first quarter of the new fiscal year. Company revenue for the three months ended 30th June increased qoq by 0.7% at constant currency to $1.56bn, albeit this was still 1.2% down […]
NCSC warns of North Korea state-sponsored cyber attacks
The UK’s National Cyber Security Centre (NCSC) and international partners have issued a warning about a global cyber espionage campaign orchestrated by North Korean state-sponsored attackers. The advisory, released yesterday, sheds light on the activities of a cyber threat group known as Andariel, believed to be a part of North Korea’s Reconnaissance General Bureau. Andariel […]
Government funding boost for UK Biobank and five quantum hubs
Science Secretary Peter Kyle has announced funding boosts to two key areas of technology research, cementing the Department for Science, Innovation and Technology (DSIT)’s pivotal role in digital, data, and technology transformation (see Digital centre of government starts to take shape). In the first (announced yesterday), the Government will provide a matched investment of £8m […]
Enhanced Workday partnership fuels Kainos’s ambitions
Kainos and Workday have established an enhanced strategic partnership which will see the enterprise cloud applications provider’s sales teams across North America, Europe and Asia Pacific incentivised to introduce and co-sell Kainos products. As a result of the new collaboration agreement, the Belfast HQ’d software and services business has increased the Annual Recurring Revenue (ARR) […]
Capgemini trims guidance
A less optimistic assessment of the anticipated demand uptick in the second half of the year has led Capgemini to reduce its top end revenue projection for FY24. The Group now expects turnover for the current fiscal will at best shrink by 0.5% yoy at constant currency, down from the flat guidance issued three months […]
SS&C continues to deliver steady growth
US headquartered, SS&C Technologies, the global provider of services and software to the financial services and healthcare industries (and the owner of RPA specialist Blue Prism) continues to make the steady progress covered in previous quarters (see A solid start to FY24 for SS&C). SS&C saw revenue for the three months ended 30th June 2024 increase 6.5% (6.4% […]