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We are delighted that Deloitte has chosen the TechMarketView banner service to let applicants know that they only have until 17th Sept to apply to be recognized in the Technology Fast 50. Indeed, what better way to get directly to the leaders of many thousands of IT companies operating in the UK market than TechMarketView.
Deloitte have just released their review of Technology Fast 50 companies over the last decade as well as the results of a survey of entrants to the 2009 Deloitte Technology Fast 50 programme. To download your copy Click here. Deloitte estimate that over the last ten years, UK Technology Fast 50 companies have generated in excess of £5 billion of wealth for their owners since they first appeared in the rankings.
The UK has consistently provided a significant proportion of Deloitte’s combined ranking of fast-growing European companies, the Technology Fast 500 EMEA programme. Last year, for example, the UK provided 87 of the Technology Fast 50 EMEA region top 500 and only France was anywhere near as significant.
In four of the last seven years, the UK has had more companies in the EMEA Fast 500 than any other country, including 2006, 2007 and 2009 – in each instance ahead of the second most successful nation, France.
It’s also interesting how optimistic entrants are. Over 43% of respondents to the survey of 2009 entrants felt the recent economic conditions had either a positive or no effect on their business.
Applications are free and can be submitted online at www.fast50.co.uk, after which you will be asked to supply signed audited accounts for the first year and last year of the five years being measured. Winners of this year’s UK Technology Fast 50 will be decided in mid-October with a gala dinner at the Emirates Stadium on 25 November.
Posted by Richard Holway at '16:52'
We normally welcome comments on HotViews. We get quite a few – except most of these come as direct emails to us as the authors do not want publication. But, latterly, we have received a number of comments posted to the site that have caused us problems.
So, can we make our comments policy clear:
We are happy to print criticisms – provided the comments pass the tests above.
Posted by HotViews Editor at '14:35'
Application software players remained the most popular acquisition target in Q2, representing almost 25% of the 82 UK SITS (software and IT services) companies sold. However, there was a surprising resurgence of interest in helpdesk and technical support companies, with no fewer than ten deals. This was the surprising finding in our regular quarterly analysis of the UK software and IT services M&A scene, IndustryViews M&A, compiled in conjunction with our good friends at corporate finance and M&A specialists, Regent.
As always, we bring you the key trends in UK SITS M&A, and review some of the significant deals. We’ve also included for the first time a rather interesting comparison between median deals sizes in the European SITS sector compared to trends in the FTSE SCS (software & Computer Services) index.
TechMarketView Foundation Service subscribers can download IVMA Q2 2010 right now!
Posted by HotViews Editor at '17:04'
TechMarketView’s report What needs to change in UK Government IT continues to receive considerable media coverage. Today Sharif Sakr, Business reporter on BBC News, covered the report. See Will IT firms survive the squeeze?
In a statement in response to TechMarketView’s Research Director Georgina O’Toole’s comments in the article, Cabinet Office Minister Francis Maude said: "All successful companies know that tighter control of some things at the centre, like information and communications technology, big projects procurement, and consultancy spend, can help to achieve major savings. I'm sure that is why the IT industry backs our approach to cutting out waste and unnecessary costs from central government spend."
What needs to change in UK Government IT is available to TechMarketView’s PublicSectorViews clients. For more information email prajah@techmarketview.com.
Posted by Richard Holway at '22:02'
Increasingly, mainstream software applications for both consumer and business are being delivered through the software-as-a-service (SaaS) model. We at TechMarketView believe that this represents the forward path for pretty much all software application providers. Those not moving to SaaS/Cloud will be “legacy” solutions providers in the not-too-distant future. So how ready is the UK’s own software industry? Is it being left behind?
To understand the answer to this question, we devised a new model to assess Cloud capability and then analysed 25 of the most significant UK-headquartered software applications providers, to see how they stacked up. The short answer is: they did pretty well, overall but there was a considerable spread, from Laggards to Leaders. TechMarketView Foundation Service subscribers can get the full picture by downloading our report Software as a Service: Assessing UK Companies’ Cloud Capability.
Posted by Philip Carnelley at '00:00'
