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 Independent

Facebook stock price plunge: Why the social network’s value is in free fall - 26th July
Analyst: Richard Holway

Channelnomics

Sage Q3 hints at recovery - 2nd August
Analyst: Angela Eager

Why Computacenter is Europe's most 'boring' reseller - 14th June
Analyst: Richard Holway

ChannelWeb

Sage shows signs of recovery - 2nd August
Analyst: Angela Eager

Symantec to cut eight per cent of workforce as enterprise sales tumble - 3rd August
Analyst: Martin Courtney

Computer Weekly

AWS’s sales up almost 50% year-on-year in second quarter - 27th July
Analyst: Kate Hanaghan

Software and services suppliers face portfolio challenge - 23rd July
Analyst: Kate Hanaghan

Computing

Symantec to cut more than 1,000 jobs following fall in enterprise security sales - 3rd August
Analyst: Martin Courtney

Contractor UK

Britain blocks visas for 1,200 IT specialists - 21st May
Analyst: Richard Holway
The government’s Tier 2 immigration system has refused entry to 1,200 non-EU technology specialists, even though they all had job offers from employers in the UK. Between December 2017 and March 2018, a total of 1,226 IT specialists who British companies had given offers of employment to had their Tier 2 certificates rejected.

CRN

BT CEO forced out by reaction to financial results - 8th June
Analyst: Martin Courtney

‘This one meant quite a lot’ – Computacenter CEO Norris on the firm’s ‘Boring Award’ win - 13th June
Analyst: Richard Holway

SysGroup posts record revenues after spate of acquisitions 27th June
Analyst: Martin Courtney

Data Economy

Cisco Boosts Multicloud Security With $2.35bn Duo Acquisition - 3rd August
Analyst: Martin Courtney

Data Centre Upgrades Help SCC Boost Sales And Profits For The Year - 26th July
Analyst: Martin Courtney

Equinix And Omantel In Joint DC Building Venture In Muscat - 6th July
Analyst: Martin Courtney

HPE Goes Forward With Strong Data Services After Solid Quarter - 24th May
Analyst: Kate Hanaghan
HPE has posted second quarter results ahead of market expectations, as the company continues to focus on cloud, hybrid IT, edge, IoT and service business. Revenue of $7.5bn was up 10% year-over-year. Group net profits for the quarter were $900m, compared to a $500m net loss a year ago. Sales growth in Europe – EMEA makes up 37% of total revenue – continued to be strong, up 9% in constant currency. There was double-digit growth in the UK, France and Italy.

Mesosphere Expands Offering Globally After $125m Funding - 8th May
Analyst: Kate Hanaghan
Kate Hanaghan, an analyst at TechMarketView, said of the results: “Performance was strong across all business units with double-digit growth in compute, storage and Aruba products and services. This would suggest that HPE has had a good quarter not only with newer offerings, such as its Greenlake pay-as-you-go on-premise compute/storage offering, but in the established areas too, where growth can be harder to find. The broader challenge is ensuring that customers and partners fully understand the scope of what HPE can do for them now. There is the risk that some believe the HPE of today is simply the leftover parts of the spin/merge/sale processes of the recent past, whereas its business/acquisition strategies and financial performance clearly demonstrate otherwise.”

Diginomica

BT hangs up on CEO Patterson – good! - 8th June
Analyst: Martin Courtney

The Express

What did Facebook say to market - $130BILLION wiped off share price - 26th July
Analyst: Richard Holway

Huffington Post

Facebook's Share Price Plummets As Millions Log Off After Privacy Controversy - 26th July
Analyst: Richard Holway

Information Age

This week in tech news: Apple’s value hits $1 trillion, Brexit fears fuel IT spending, Reddit’s data breach and more - 3rd August
Analyst: Richard Holway

Irish News

Facebook shares fall amid slowdown in revenue and user growth - 26th July
Analyst: Richard Holway

IT Europa

Symantec shares take hit after reporting investigation - 14th May
Analyst: Martin Courtney
Symantec is the latest well-known technology player to be mired in financial reporting difficulties. There is uncertainty around the key global security software provider after it posted its full year results. Symantec said it is conducting an internal investigation through its audit committee, which will no doubt grab the attention of its channel partners. The inquiry began after concerns raised by a former Symantec employee.

Mimecast reports big increase in cloud channel sales - 15th May
Analyst: Martin Courtney
Cloud-based secure messaging and data management vendor Mimecast has posted a 38% increase in year-on-year annual sales as more of its channel business moves from on-premise. There was strong demand across Mimecast's messaging, backup and data archiving solutions via service providers across all geographies.

BT sees another bad year as jobs cut - 10th May
Analyst: Martin Courtney
BT says it will axe 7,000 net jobs and sell office space to save £1.5bn after reporting a poor full year. The enterprise business BT Global Services continues to be a financial drain on the group. Total adjusted group revenue for the year was £23.7bn, down 1% on 2017. This was despite a revenue boost in the Consumer division and the EE mobile business unit. Adjusted group EBITDA was down 2% year-on-year to £7.5bn, and the adjusted pre-tax profit fell 2% to £3.4bn.

IT Pro

TSB outage: TSB's IT meltdown cost it nearly £200m - 30th July
Analyst: Peter Roe

How open data is driving UK smart city innovation - 9th July
Analyst: Dale Peters

TSB outage: TSB boss to be quizzed by Treasury Committee - 1st May
Analyst: Peter Roe
Analyst firm TechMarketView's research director, Peter Roe, said today: "The lack of a clear communications strategy only exacerbated the problem. No contact centre or website can cope with the tsunami of queries as account holders rush to ensure that their money is safe or, in many TSB cases, pay their staff or cover urgent bills. The management's slow and stuttering response will have appalled many TSB customers and staff. There is still much to do. For example, the TSB website at 8.40 this morning still showed a service status update from Saturday lunchtime, an age ago for a worried account holder."

IT Europa

BT’s boss forced out from CEO role after bad results - 8th June
Analyst: Martin Courtney

ITV

Facebook shares fall amid slowdown in revenue and user growth - 26th July
Analyst: Richard Holway

Practise Business

NHS Digital to spend £450m on new GP IT Framework - 14th August
Analyst: Dale Peters

The Inquirer

Micro Focus flogs SUSE Linux biz to private equity firm for $2.5bn - 2nd July
Analyst: Angela Eager

TechMarketView's Angela Eager said: "There has been pressure for Micro Focus to divest from external fund managers and when hedge fund Elliott Management took a stake in Micro Focus earlier this year no doubt the pressure cranked up..."

The Register

UK govt’s top tech heavyweight Maxwell quits for Amazon job - 7th August
Analyst: General

Can you hear that? It’s the world’s smallest violin playing for DXC, IBM and Capgemini - 7th August
Analyst: General

Home Office opens AWS cash firehouse a little wider with police IT deal - 17th August
Analyst: General

£1 in every fiver that UK biz, public sector spent on software in 2017 went to *drumroll* Microsoft - 24th August
Analyst: General

NHS Digital to fling half a billion quid at new GP procurement framework - 10th August
Analyst: Dale Peters

Capita still squats on top of the UK's software and IT services heap - 30th July
Analyst: General

HPE to gobble software defined data fabric networking startup - 16th May
Analyst: Martin Courtney
Martin Courtney, analyst at TechMarketView, said Plexxi's tech was "built on the concept of 'intent-based networking', embedding virtualisation within integrated server, storage and networking solutions to deliver more flexible, automated application hosting and delivery options for larger enterprises and cloud service providers".

Oracle-botherer Rimini Street cuddles up to Salesforce - 11th May
Analyst: Angela Eager
On a more sobering note, TechMarketView analyst Angela Eager pointed out Rimini Street will now be able to provide unified services across Salesforce, SAP and Oracle installations. She reckoned this multi-vendor strategy could also benefit Salesforce, saying that it would strengthen its ability to target large enterprises. "With no separate maintenance revenue stream and a limit to the depth of maintenance services it can offer, the two providers can operate as partners, offering complementary services," said Eager.

Cisco kicks shrivelling video software unit back to Dr Martens owner - 2nd May
Analyst: Martin Courtney
Cisco has kicked its video software business back to Permira, the owner of iconic Brit boot brand Dr Martens, having originally bought it off the private equity fund in 2012 for $5bn (£3.6bn). Martin Courtney, analyst at TechMarketView, said: "Cisco will be glad to get rid of a business that has seen consistent revenue decline since pretty much day one."

Shares Magazine

1,000 up as UK automation software designer Blue Prism shoots up for the stars - 17th August
Analyst: Marc Hardwick

Small cap investors Herald and Amati back new float I-Nexus - 20th June
Analyst: Peter Roe

UKAuthority

Capita leads public sector tech suppliers - 8th August
Analyst: Dale Peters

Liam Maxwell reportedly leaving DCMS for Amazon Web Services - 8th August
Analyst: General

UKTN

UK tech reacts to Jeremy Wright’s appointment as Digital Secretary - 10th July
Analyst: Georgina O’Toole