In The Press

 

TechMarketView quotes from the press

TechMarketView's analysts are highly respected as experts in their fields and frequently called upon to share their insight both with our clients and the media. Below is a summary of just some of the articles quoting TechMarketView that have appeared in national newspapers and the IT trade press in recent weeks.

The Times

Troubled reseller gets channel heavyweight as CEO - 5th October
Analyst: Martin Courtney
Martin Courtney, principal analyst at TechMarketView, said Redcentric will be hoping Jagusz will breathe new impetus and integrity into the troubled company after the FY17 accounting scandal delivered an operating loss of £3m. "We wish Jagusz luck - Redcentric's challenge is engineering a return to profit while minimising any reputational damage from ongoing Financial Conduct Authority and Financial Reporting Council investigations," he said.

VAR secures £10m investment to fund acquisition - 5th October
Analyst: Kate Hanaghan
Kate Hanaghan, chief research officer at analyst TechMarketView said: "Roc provides services to support business process, project delivery, and technology transformation. As it continues to grow we'll see it invest to improve its own operations and infrastructure and keep an eye out for additional acquisition opportunities."

'Painful times' for Datatec as Westcon struggles - 6th October
Analyst: Kate Hanaghan
"It's painful times for Datatec," said Kate Hanaghan, chief research officer at TechMarketView. "The primary root cause of this performance was the Westcon subsidiary, which continued to experience disruption 'as a result of the final SAP implementation in EMEA'. Additional headwinds came in the shape of finance charges, amortisation expense and effective tax rate - all of which were higher than last year."

From Dell’s channel majority push to Bytes-Phoenix union: Five things we’ve learned this month - 16th October 2017
Analyst: Kate Hanaghan
"It's painful times for Datatec," said Kate Hanaghan, chief research officer at TechMarketView. "The primary root cause of this performance was the Westcon subsidiary, which continued to experience disruption ‘as a result of the final SAP implementation in EMEA'. Additional headwinds came in the shape of finance charges, amortisation expense and effective tax rate - all of which were higher than last year."

Mixed bag for RedstoneConnect in half-year results - 10th October 2017
Analyst: Martin Courtney
Martin Courtney, principal analyst at TechMarketView, said RedstoneConnect attributed the fall in SI turnover to the timing of income from some of its larger contracts, and does not believe the business is in terminal decline.  "Rather, chief executive Mark Braund sees designing infrastructure for smart buildings as a core part of the business going forwards, one that enables the software and services entities to accelerate their growth in tandem," said Courtney.

The Financial Times

Angry Birds maker Rovio’s shares plunge on third-quarter loss - 23rd November
Analyst: Richard Holway
Rovio Entertainment lost a fifth of its market value on Thursday after the Angry Birds maker swung to third-quarter losses in its first results as a public company… Richard Holway, chairman of TechMarketView, said the company’s future would depend on its ability to develop a second game as popular as its first. “This whole business goes on whether or not you can have a second game that is a hit,” he said. “If it costs you more to get a new user than that user is willing to spend on you, then that’s a very bad business plan.”

Liberty Global forms joint venture with UK telecoms investor - 22nd November
Analyst: Anthony Miller
Liberty Global has formed a joint venture with one of the UK’s most acquisitive telecoms investors, as it looks to boost the growth prospects of its Virgin Media business unit... Anthony Miller, an analyst with TechMarketView, said that many small businesses like dealing with smaller telecoms providers, not giant players. He added that MXC also needs to deal with the “mouse dances with elephant’ syndrome” in its partnership with Liberty.

Liberty Global forms joint venture with UK telecoms investor - 20th November
Analyst: Anthony Miller
Anthony Miller, an analyst with TechMarketView, said that many small businesses like dealing with smaller telecoms providers, not giant players. He added that MXC also needs to deal with the “mouse dances with elephant’ syndrome” in its partnership with Liberty.

Imagination Technologies deal ends run as UK’s bright spark - 4th November
Analyst: Richard Holway
Richard Holway, an analyst at TechMarketView, argues that the constant sell-off of UK technology companies bodes ill for the homegrown sector. “With all these takeovers — particularly the foreign ones — there ought to be more that is taken into consideration other than just ‘price’. The UK will never have a mega tech company if it goes on like this,” he says.

The Daily Telegraph

Cybersecurity to fuel culture shift - 29th December 2017
Analyst: Martin Courtney
Martin Courtney of British analyst firm TechMarketView adds: “Almost everybody in the security industry expects to see more ransomware attacks in 2018, but these may well morph into more personalised attacks that target high-profile executives or senior managers.”

UKAuthority

techUK calls for ministers for digital in each department - 30th January
Analyst: General

The IT industry association’s report on technology argues that with the public sector software and ICT forecast by analyst TechMarketView to be worth £11.9 billion in 2019, there is no reference in the Government Transformation Strategy to how it will engage with the industry to manage the transition.

Public sector set to pull out of IT spending slump - 7th December 2017
Analyst: Georgina O’Toole
The public sector’s spending on IT is on course to fall a little this year, but should recover in the period up to 2020, according to a new market assessment by analyst firm TechMarketView. Its annual PublicSectorViews report, looking at trends and forecasts in software and IT services (SITS) for the sector, places the spend for 2017 at £11.58 billion, down from £11.62 billion in 2016. Georgina O’Toole (pictured), chief analyst at TechMarketView, said there has been a “push-pull” effect on the public sector market.

Blockchain: despite the hype, there is something in it - 28th December 2017
Analyst: General
A good example is the five-year plan from HM Land Registry, which suggests that a blockchain based register could be distributed among trusted parties such as lenders and conveyancers, "giving them the ability to operate and update in a secure and tamper-proof manner". According to analyst TechMarketview, other bodies investigating distributed ledger technology include the Ministry of Justice, the Home Office and HM Revenue and Customs.

ComputerWorld UK

How technology will transform banking in 2018: open banking, GDPR and robo advice - 22nd December 2017
Analyst: Peter Roe
Peter Roe from TechMarketView sees this as having a knock-on effect on banks' IT budgets. "Consequently, bank CFOs will be prioritising the needs of the European offices and downgrading investment in London. The ability to spend on IT will be further constrained by the rapid rise in salaries for people with experience in European operations and regulation," he wrote. Furthermore, "London’s leading position in the burgeoning fintech scene will also be seriously challenged if the mobility of specialist labour or EU-wide regulatory passporting is constrained," Roe added.

CRN

Capita share price falls off a cliff following damning CEO report - 31st January
Analyst: Marc Hardwick
TechMarketView research director Marc Hardwick said the update makes "depressing" reading for investors. "New CEO Jonathan Lewis has clearly been very busy undertaking a strategic review of the business since he came on board at the beginning of last month," he said. "We now know the results of Lewis' strategic review make for depressing reading. Debt is still too high and the business has consistently underinvested, spread itself too thin across too many markets, remains complex to manage, and unfocused. Too much emphasis has been placed on acquisitions for growth and it has now been exposed that big new sales are proving elusive.The Times

Fair cop: NEC acquires Northgate Public Services for security presence - 9th January
Analyst: Georgina O’Toole
NEC's international safety business uses biometrics technologies, including face recognition and fingerprint recognition technologies. Georgina O'Toole, chief analyst at TechMarketView, said NEC has achieved near maximum penetration in Japan and is looking to expand its business internationally.

Dell ponders fresh masterplan with potential IPO – reports - 26th January
Analyst: Richard Holway

Richard Holway, chairman of TechMarketView, told CRN that an IPO would make sense for a company such as Dell, which is known all around the world. "In the past Michael Dell has criticised public markets and said how pleased he was to be a private company and that he didn't want to go back [to being listed]. However, other than being bought, listing is one of the few only viable routes to getting something out of the company," said Holway. "A Dell IPO would be welcomed if it happened and there would be a very good response to it. At the time, taking Dell private [in 2013] was not only a good move, but it was executed well."

Softcat director and TechUK president included on New Year Honours list - 2nd January
Analyst: Richard Holway
Tech sector leaders Vin Murria and Jacqueline de Rojas have been included in the New Year Honours list. Murria, who is currently a non-executive director on the boards of Softcat and Sophos, has been awarded an OBE; while de Rojas, who is president of TechUK, has been awarded a CBE.

Maintel offers three reasons for profits climb-down - 6th December 2017
Analyst: Martin Courtney
"Maintel's ICON cloud services have seen good growth and the acquisition of Intrinsic Technology could inject as much as £50m of annual revenue into the business," said Martin Courtney, principal analyst at TechMarketView. "We await the final FY17 numbers with interest, but note that management are confident that the full-year dividend is still on course to grow 10 per cent year on year in line with existing guidance."

Bleaker Q3 outlook for Oracle despite strong cloud growth - 15th December 2017
Analyst: Angela Eager
Angela Eager, research director at analyst TechMarketView, said viewed in isolation Oracle's Q2 numbers looked strong but that there is enough under the surface and in the guidance to leave the market disgruntled. "Shares fell nearly seven per cent in after-hours trading. The sighs of the year ago quarter, which also sent shares downward, were repeated even though the actual numbers were better in the most recent period."

Chanel Web

Four things we learned from AWS' Q4 results - 2nd February
Analyst: Kate Hanaghan, InfrastructureViews 
Kate Hanaghan, chief research officer at TechMarketView said the competition between AWS and rivals Microsoft and Google will become more fierce as Amazon extends into new arenas such as AI and IoT. "The market is of course expanding at very healthy rates, but we also believe Microsoft is clawing back some of the ground it lost to AWS in the early days of public cloud market development," she said. "Furthermore, this is a battle that will only intensify further - and in a way that could take the industry and market into as yet unknown directions. As AWS offerings get deeper into AI, machine learning and IoT, direct competition with Google will become more apparent and end-user organisations will increasingly swap between AWS and Azure as they see fit."

Four things we learned from Cisco's Q1 results - 16th November
Analyst: Martin Courtney
Cisco claims that its new reporting method "better aligns our product categories with our evolving business model", but TechMarketView analyst Martin Courtney thinks Cisco is trying to "direct attention away from its declining legacy hardware business and towards the high-growth areas of Cisco's portfolio". Either way, Cisco's new method of divvying up its business gives further fuel to its mission of diversifying its product portfolio and becoming better acquainted with emerging tech such as cloud and IoT.

ChannelEye

Two women in tech win gongs - 3rd January
Analyst: Richard Holway
Writing in his bog TechMarketView chairman Richard Holway – himself holding an MBE – said it was a surprise that Murria had not received a reward before. “Vin is not just a successful entrepreneur. Vin has been at the forefront for the advancement of women – be that helping disadvantaged young girls in India, via the PS Foundation that she established, to setting up academies for employees to develop their potential. Vin’s philanthropic activities are almost too numerous to mention. Indeed, I personally am delighted that Vin has recently become a Patron of the Prince’s Trust.  A lot of Vin’s time – both in the past and at present – is devoted to mentoring. Vin has helped so many people along the way – sharing the rewards of her success”, Holway said.

V3

English schools failing to offer students revamped GCSE Computer Science - 10th November
Analyst: Dale Peters
Dale Peters, an analyst at TechMarketView, commented: "Teachers are being asked to teach an unfamiliar subject and there are too few teachers with the requisite skills to teach the curriculum. "The government only reached 68 per cent of its recruitment target for computing teachers in 2016-17. We know that computer science skills are in high demand in industry, so its unsurprising that far fewer Computer Science graduates choose to enter teaching than in other subjects, but it's not sustainable.”

Computing

IBM announces first quarter of revenue growth after almost six years – and 22 quarters – of straight decline - 19th January
Analyst: Kate Hanaghan
Kate Hanaghan, analyst at TechMarketView, suggested that IBM is now back on track. "After 22 quarters of revenue decline, IBM returned to growth in the fourth quarter of 2017," she said. She continued: "At constant currency, IBM grew its top line by one per cent to $22.5 billion. For a company of IBM's size and portfolio mix that is not as pitiful as it sounds.

Half of English schools fail to offer Computer Science at GCSE, claims Royal Society report - 10th November
Analyst: Dale Peters
More than half of schools in England are failing to offer pupils access to the revamped GCSE Computer Science course, a report had revealed today… Dale Peters, an analyst at TechMarketView, commented: "Teachers are being asked to teach an unfamiliar subject and there are too few teachers with the requisite skills to teach the curriculum.

Open Access Government

Why public sector organisations must ‘Break the Boundaries’ in 2018 - 2nd January
Analyst: Georgina O’Toole
TechMarketView’s recently published analysis of the UK public sector ICT market revealed a picture that can be viewed in the context of ‘micro’ trends and ‘macro’ trends. In our view, the ‘micro’ trends, i.e. the direction that the UK government is taking in terms of its ICT strategy, are largely unchanged. There has been a softening in some areas, for example, a more pragmatic approach to the disaggregation of contracts in central government and a hardening in other areas, for example, a stronger emphasis on the need to deal with complex data issues, and greater concerns around cybersecurity following the recent ransomware attack impacting the NHS. And these changes in emphasis will, undoubtedly, impact the pace of progression.

Newburgh Gazette

The Royal Society urges the government to increase computer education - 10th November
Analyst: Dale Peters
The new English, Welsh and Northern Irish GCSE in computer science saw entries rise from 60,146 in 2016 to 65,205 in 2017. However, the report found that it was hard to find skilled teachers and therefore more money would have to be spent. Dale Peters, an analyst at TechMarketView, commented: "Teachers are being asked to teach an unfamiliar subject and there are too few teachers with the requisite skills to teach the curriculum".

BobsGuide

MyFirmsApp is Selected for Great British Scaleup Programme - 16th November
Analyst: General
TechMarketView analysts perceive the opportunity for MyFirmsApp is huge with an ‘addressable market of 350,000 accounting firms in major English speaking geographies’ that could potentially buy an App from the Darlington Company. App-driven technology is transforming the way firms communicate with their clients and the way in which they can increase visibility by having their own branded App in the App store and on their clients’ mobile home screens.

Qell

Liberty Global forms joint venture with UK telecoms investor - 20th November
Analyst: Anthony Miller
Virgin Media said it added 19,000 new small businesses which drove a 78 per cent rise in subscription revenue in the third quarter. But overall business-to-business revenue only grew 2 per cent to £186m as lower data and voice revenue offset new customer additions. Anthony Miller, an analyst with TechMarketView, said that many small businesses like dealing with smaller telecoms providers, not giant players. He added that MXC also needs to deal with the “mouse dances with elephant’ syndrome” in its partnership with Liberty.

Bdaily

Darlington tech firm selected for Great British Scaleup programme - 20th November
Analyst: General
TechMarketView has selected Darlington software company MyFirmsApp to take part in the Great British Scaleup Programme. Founded three years ago, the firm came to life to provide the UK’s only compliant app solution for accountants and bookkeepers. Now with a client base of over 1000 users, the app has enjoyed over a quarter of a million downloads since its formation.

Total Telecom

Liberty Global, MXC Capital form UK telco JV - 21st November
Analyst: Anthony Miller
A report in the Financial Times revealed that the two companies had been in discussions for a number of weeks over the formation of the JV and have compiled a shopping list of small telcos it plans to snap up in the coming months. The newly formed JV will likely target small businesses in the U.K.'s telecoms sector. Anthony Miller, an analyst with TechMarketView, said in a research note that many small businesses in this arena would prefer to deal with a smaller provider, rather than a huge multi-national conglomerate.

Business Cloud

Myfirmsapp Selected For Great British Scaleup Programme - 22nd November
Analyst: General
MyFirmsApp, the largest global accountancy app, was chosen by TechMarketView for the programme which is designed to assist fast-growing UK tech companies accelerate even faster. Joel Oliver, CEO of MyFirmsApp, said: “To be invited to join the Scaleup Programme is a great privilege and we are looking forward to being able to learn from those that have navigated the sometimes difficult challenge of growing an International Tech business.”

Information Age

The Tech Talent Charter and it’s mission to tackle gender imbalance - 23rd November
Analyst: General
The Tech Talent Charter was formed with one goal in mind; to address the severe gender imbalance within the technology industry. That aim has now widened to every industry, as the list of signatories on the charter include organisations outside the traditionally viewed tech space. It is true that now, every company is a technology company.

Channel News

Angry Bird Looking For Mate Who Can Fly, After Shocker Landing - 24th November
Analyst: Richard Holway
Rovio has been under pressure to prove that it can replicate the huge success of Angry Birds, which it released in 2009 and went on to become one of the most successful games of the smartphone era. Richard Holway, chairman of TechMarketView, said the company’s future would depend on its ability to develop a second game as popular as its first. “This whole business goes on whether or not you can have a second game that is a hit,” he said. “If it costs you more to get a new user than that user is willing to spend on you, then that’s a very bad business plan.”

News Insider Tradings

UK IT services market expected to grow from around $63 billion by 2020 - 14th December 2017
Analyst: General
Around 42 million adults use the internet daily in Great Britain in 2016, compared with 39 million in 2015. In 2016, around 23.5 million households had internet access. Almost all households with children have an internet connection. According to TechMarketView, major IT services companies in the UK include HP, Capita, Capgemini, IBM and Accenture.

IT Europa

Debt-laden Dell considers IPO, sales, more acquisitions - 29th January
Analyst: Kate Hanaghan
Kate Hanaghan, an analyst at TechMarketView, said: “The purchase of EMC and the divestment of Dell Services were defining moves, but we’ve always expected more. Dell has a debt pile of some $52.5bn and market headwinds to contend with in areas such as storage. “Raising funds via an IPO or the sale of valuable assets does not at all seem unreasonable. We fully expect something to happen.”

iomart shows recurring revenue growth in sectors - 5th December 2017
Analyst: Kate Hanaghan
Kate Hanaghan, an analyst at TechMarketView, said: “iomart’s acquisition strategy is helping it to build sector-specific skills – in retail, for instance – which we believe is going to be increasingly important next year as buyers expect more than just generic cloud solutions.”

The Public Purse

TechUK Calls For Ministers For Digital In Each Department - 30th January
Analyst: General
Each central government department should have a minister with responsibility for technology and digital strategy, according to IT industry association tech UK. It has sounded the call in a new report on public sector procurement that also urges public authorities beyond Whitehall to increase their use of the Digital Marketplace as part of their transformation efforts.