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The strong performance of UK listed software and IT services shares seen in recent quarters, as represented by the FTSE SCS index, slowed slightly in the final quarter of 2020. The index dropped 3.6% qoq and finished the year 11.8% down. The FTSE IT index was also down 4.1% qoq and finished the year 9.9% lower. The Nasdaq meanwhile saw qoq growth of 15% and ended with a yoy gain of almost 44%, reflecting the more resilient performance of the US market during the year.
Subscribers to the TechMarketView Foundation Service and UKHotViews Premium can read more by downloading the Q4 2020 edition of IndustryViews Quoted Sector.
Posted by Tania Wilson at '08:00' - Tagged: shares stockmarket
Apply now to become an Assuria Partner and you could be delivering managed security services to your clients from your own security operations centre in a matter of weeks.
TechMarketView is helping cybersecurity solutions company Assuria expand its SOC (Security Operations Centre) partner network in the UK and Republic of Ireland.
Assuria’s cybersecurity software solutions have helped over 1,000 organisations across 20 countries protect their IT infrastructure and reduce business risk. Clients include defence, government and commercial enterprises, down to mid-size businesses and SMEs in almost every vertical sector.
More and more organisations are turning to Managed Security Service Providers to protect them from cybersecurity attacks. Now is the time to grab your share of this rapidly expanding market.
If you are an established business based in the UK or Republic of Ireland already providing cybersecurity services or solutions to your customers, or a technology or communications managed services provider keen to expand into the cybersecurity managed services market, then complete the application form on our website here by Friday 12th March for your chance to be selected to participate in a Partnership Pitch Session with Assuria during week beginning 12th April 2021.
For more information there’s a downloadable flyer and FAQs on our website here or contact TechMarketView Managing Partner Anthony Miller.
Posted by HotViews Editor at '00:01' - Tagged: tipp
TechMarketView’s Digital Marketplace Review 2020 research reveals £2.83bn was spent through the G-Cloud and Digital Outcomes & Specialists (DOS) frameworks during the calendar year; this represents growth of 19% compared to 2019.
G-Cloud spend was up 26% to £1.99bn and DOS spending, which totalled £845m, grew by 4% compared to the previous year. The impact of the pandemic on spending is clear to see, with Health spend up 65% year-on-year across both frameworks to £432m. This includes Department of Health & Social Care spend rising by 769% to £62.9m and NHS Digital up 92% to £118.2m.
In 2020 the rate of growth in spend with SMEs exceeded that of large companies, but large companies still attracted the majority (63%) of spend.
Two companies broke the £100m barrier for Digital Marketplace income during the year. AWS remains at the top of the supplier rankings based on G-Cloud income, ending the year up 27% at £104.9m (2019: £82.9m)—see AWS agrees new partnership with Home Office for further discussion. Kainos continued to lead the way on the DOS framework with revenue of £82.9m (2019: £84.7m) and it also secured business via G-Cloud, taking total Digital Marketplace income to £104.0m (see Kainos powers ahead).
However, it was Palantir that achieved the most impressive growth during the year, with revenue rising from £833k in 2019 to £28.2m in 2020—growth of 3280%. The bulk of Palantir’s income (£14.9m) was from its work on the UK Government's COVID-19 response, but it also secured key defence and Cabinet Office contracts (see Palantir secures £20m deal to help monitor the UK border).
If you are an existing PublicSectorViews subscriber, you can access further analysis and charts now. If you’d like to discuss an extension to your existing subscription or would like details of how to subscribe to TechMarketView, please email Deb Seth.
Posted by Dale Peters at '10:49' - Tagged: research report g-cloud digital data dos digitalmarketplace
Taking a step back to what we saw going on in the wider UK SITS market before Covid-19 struck, we settled on a research theme of “Digital Chaos”. This was designed to reflect the fact that whilst there had been plenty of progress in digital transformation activities, in the main it remained fairly immature and was often disjointed. Within this market landscape Solutions has experienced some pretty strong growth over recent years and now represents just over one-fifth of total demand for UK SITS and is the second largest area of spend after Operations.
Then of course came Covid-19 and the wave of unprecedented change that followed. This has inevitably had a profound effect on the demand for SITS Solutions. Many decisions were subsequently driven by “the now” and by the enacting of Business Continuity Plans, as organisations looked to solve a wide range of immediate problems. It’s becoming very clear that technology is playing an extremely significant part of what the “New Normal” ends up looking like. This will of course have a significant effect of the short, medium- and long-term future of the Solutions marketplace.
Our latest Solutions Supplier Prospects 2021 report looks at the Top Ten leading players (by revenue) in the UK SITS Solutions market, and assess what they will need to do to be successful now and beyond. We also provide our analysis of the potential hurdles that will prevent suppliers reaching their potential in the short and mid-term.
Subscribers to TechSectorViews can download the Solutions Supplier Prospects 2021 report by clicking this link. If you are not currently a TechSectorViews subscriber and would like to gain access the report, please contact Deb Seth.
Posted by Marc Hardwick at '12:00' - Tagged: suppliers newresearch Solutions
One clear demand signal suppliers need to keep front of mind is that technology is the way enterprises will navigate COVID consequences. Using that as a guide, both suppliers and enterprises will be better placed to steer a course through the peaks and troughs as health and economies move through their recovery phases and confidence returns.
That is also one of the key messages from the 2021 edition of the Enterprise Software Supplier Prospects report, newly published today.
The report includes an overview of market size and forecasts and explores the factors that will help or hinder suppliers of Enterprise Software to the UK market during 2021. The core of the report are profiles of the Top 10 UK Enterprise Software suppliers, from top ranked Microsoft to lessor known financial services specialist ION Group and a diverse group in between, analysing the key things that what will impact their performance during 2021 and what will be needed to maximise performance in the mid-term and beyond.
There are obvious prerequisites for success such as taking the SaaS restraints off and committing to speed and simplicity but the report also identifies new solution areas, software areas where activity has suddenly ramped up and how and where supplier behaviour has to adapt.
TechMarketView subscribers can access the report here. If you don’t currently have a subscription, you can contact Deb Seth who can provide details of how to access our services.
Posted by Angela Eager at '10:13' - Tagged: saas cloud software AI data ML sustainability
In the ancient Greek language, one definition of Chaos is a void state preceding the creation of the universe – a gap created between the separation of heaven and earth which laid the foundation for the construction of a new world.
A return to ground zero may be surplus to requirements for cyber security given how well some suppliers managed to maintain and even expand their business during the Digital Chaos precipitated by the coronavirus pandemic. Whilst lockdown restrictions inevitably impacted enterprise spending patterns, we think most suppliers fared pretty well compared to their counterparts in other segments of the IT industry and should maintain comparatively steady revenue streams as the economy stabilises.
But equally there is no doubt that the dynamic cyber threat landscape and pantheon of rapidly changing customer requirements in 2021 and beyond are likely to present commercial challenges significantly different to what they were at the beginning of 2020. The key to suppliers’ success going forward is how quickly and capably they can alter their portfolios and delivery models whilst continuing to occupy and fill the space between those two convergent entities.
Our latest Cyber Security Market Trends and Forecasts to 2023 report contains TechMarketView’s latest market size and forecast data alongside an analysis of the trends shaping the UK cyber enterprise security hardware, software and services market.
Subscribers to TechSectorViews can download the Cyber Security Market Trends and Forecasts to 2023 report by clicking this link. If you are not currently a TechSectorViews subscriber and would like to gain access the report please contact Deb Seth.
Posted by Martin Courtney at '09:43' - Tagged: trends forecasts cybersecurity
Apply today for an outstanding opportunity to offer your solutions and services to financial services organisations that might otherwise be out of your reach and range.
ENTRIES CLOSE FRIDAY 12TH FEBRUARY 2021
TechMarketView is helping InterSystems, one of the world’s most trusted data management platform providers, find Fintech partners in the UK and Republic of Ireland.
InterSystems is looking to expand its partner community in the UK and ROI to offer reliable, innovative and scalable data technology solutions to the financial services industry and cement its position as an innovator and disruptor within the Financial Services sector.
You should already be an established solutions provider to the financial services sector headquartered in the UK or the Republic of Ireland. If you also serve international markets, even better.
If that looks like you, then complete the application form on our website here by Friday 12th February for your chance to be selected to participate in a Partnership Pitch Session with the InterSystems team during week beginning 15th March 2021.
DON’T MISS OUT!
It gives me great pleasure to announce that Tania Wilson has joined TechMarketView as a Research Director. Tania will lead our Foundation Service with a particular focus on the IndustryViews research. As a small but growing business, TechMarketView has a track record of taking on exceptional people and Tania is no exception. We’re thrilled to have her joining the team, adding depth of expertise in financial analysis in particular.
Those with a long memory will recall that the Foundation Service was TechMarketView’s launch service and remains home to our two core reports - Market Trends and Forecasts and Supplier Rankings – as well as our analysis of stock performance, M&A deals and VC investments. In addition to generating and co-ordinating analysis for the service, Tania will be looking to understand the ongoing requirements of our clients and evolving the service accordingly.
“I’m delighted to be joining TechMarketView. My background is in financial analysis and valuation and I spent much of my career at PricewaterhouseCoopers, where I was latterly a Director, working with a range of technology companies on valuation and transaction engagements.
Within the Foundation Service, I’ll be maintaining the current core output across the quoted sector, M&A and venture capital and continuing to evolve the service to meet the needs of our clients.
Alongside my role at TechMarketView, I am an investment principal and CFO in a venture capital firm, investing in seed and early-stage business ventures. We have a broad portfolio of science and technology businesses and my focus is on software companies.” Tania Wilson, Research Director, Foundation Service
Posted by Kate Hanaghan at '08:49'
Anyone looking at the movements in the various indices we follow might conclude that nothing much happened in Jan 21. A 2.4% rise in NASDAQ and a 0.8% fall in the FTSE100 is hardly exceptional.
But in the World as a whole, and the UK in particular, it was one of the most momentous months in many a year:
The FTSE SCS Index, which most closely tracks the UK quoted software and IT services companies that we track, rose by a respectable (but hardly spectacular) 2.3% in Jan 21. We report on the massive share fluctuations at Triad and the gains at Aptitude, Access, Aveva, Softcat etc. Also the falls at ATOS, Capita, the online property purveyors and others.
As the Oct-Dec 20 quarterly reporting season is in full swings, we report on Big Tech. We also look forward to a bumper period of London IPOs.
All the detail in our Review of Share Performance in Jan 21 on HotViews Extra available to all subscribers including HotViews Premium. Why not join them for just £395pa? Surely, a small price to pay! For more details CLICK HERE.
Posted by Richard Holway at '06:01'
Just complete the application form on our website here by Friday 12th February for your chance to be selected to participate in a Partnership Pitch Session during week beginning 15th March 2021.
Click here and let TechMarketView Managing Partner Anthony Miller tell you more – it’ll take just four minutes.
There’s also a downloadable flyer and FAQs on our website here.
DON'T MISS OUT!
