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We’re always delighted to share good news from our erstwhile Little British Battlers (LBBs) and that’s exactly what we heard when we caught up with Terry Walby, the CEO of intelligent automation software SME Thoughtonomy.
UK-headquartered Thoughtonomy has this week opened not one but two offices in the US – one in New York City and one in Austin, Texas – as part of plans to double its global workforce in the next 12 months. It is also putting additional investment into strengthening its strategic partnerships with global, regional and specialist organisations – including Atos, CGI and Fujitsu - and continuing to enhance its Virtual Workforce automation platform.
Thoughtonomy has grown considerably since it took part in our LBB programme in 2014 (see Little British Battlers – The Fourth Generation). Walby’s target is to triple revenue each year and he says Thoughtonomy has achieved that for the last three years and is on track to grow by 300% again this year.
TechMarketView subscription clients can read more on Thoughtonomy’s progress and plans in today’s UKHotViewsExtra article: Thoughtonomy scaling up in Intelligent Automation.
If you don’t yet subscribe to our in-depth research and analysis services and you’d like to know more please email Deborah Seth, our Sales & Marketing Director, for details of our subscription packages.
Posted by Tola Sargeant at '17:30' - Tagged: sme lbb automation RPA
Early bird tickets for the TechMarketView Presentation & Dinner 2017 are available for tables booked before Thursday 1st June so don’t delay – book your place now via the registration form here.
This year’s Evening with TechMarketView will take place on Thursday 5 October 2017 at the magnificent Royal Institute of British Architects (RIBA) in Portland Place, London.
The enjoyable evening provides a mix of valuable insight from TechMarketView’s leading analyst team with quality networking over drinks and a three-course dinner. It is TechMarketView’s flagship event and a fixture in the calendars of leading figures across the UK software, IT services and business process services sectors (SITS).
Unlocking the Intelligence
Join us on October 5 to rub shoulders with some 250 of UK tech’s ‘great & good’ and to hear TechMarketView’s analysts share their views on the latest developments across the sector under the banner of TechMarketView’s 2017 research theme, Unlocking the Intelligence.
The guestlist for the evening – which has been a sellout for the last four years - typically includes CXOs from a broad range of SITS companies large and small, CIOs from public and private sector organisations, and a cross section of others with a keen interest in how the sector is evolving, including decision makers from the VC and private equity community.
Early Bird Pricing for tables booked before June 1
If previous years are anything to go by, tickets are likely to sell quickly so we’d recommend booking early. Discounted early bird tickets are now available for tables booked before 1 June 2017. And, as in previous years, TechMarketView research subscription clients are also eligible for a 20% discount on standard ticket prices both on Early Bird tables and on tickets booked individually or after 1 June. For full details and to book your place visit tx2Events here.
Sponsorship opportunities
We also have a number of sponsorship opportunities related to the event. These provide a fantastic opportunity for our partners to raise brand awareness with prospective clients and partners and to get their message out to a high-profile audience from the world of UK tech. For more details on the available sponsorship packages and to express your interest in being considered as a sponsor please contact TechMarketView Managing Director Tola Sargeant (tsargeant@techmarketview.com or 01798 865231).
Posted by HotViews Editor at '09:53' - Tagged: events
The creation of DXC Technology will have significant implications for the supply of Software and IT Services into the UK Financial Services sector. The bold move to combine the operations of HPES and CSC, complemented by the recently acquired Xchanging operation, has created a business which (on TechMarketView estimates) will deliver over £1bn of annual sales into the UK sector.
This means that DXC Technology will be the largest supplier in our Financial Services sector rankings.
The two sector-facing divisions, Insurance, and Banking and Finance, will together generate around one-third of the new group’s UK revenues.
Our report looks at the complementary fit of the three operations which have combined within DXC Technology, identifies the areas where they will have a leading position and discusses the avenues for further growth for this company which is changing the SITS supply landscape in this dynamic sector.
The report is available to subscribers of FinancialServicesViews and our Foundation Service, here. If you or your company don’t yet subscribe, please contact Deb Seth, our Sales and Marketing Director.
Posted by Peter Roe at '09:17' - Tagged: cloud financialservices merger insurance banking
We continue to research the disruptive impact of Intelligent Automation on the business process services (BPS) market.
We recently examined end user impacts of Robotic Process Automation (RPA) on the retail banking and energy sectors (see RPA end user insight in energy and retail banking). In the adjacent, emerging area of ‘Artificial Intelligence’ (AI), we are hearing a huge amount of noise from BPS providers keen to jump on this latest hot topic.
Earlier this year, IBM announced that its AI/cognitive platform Watson is to be used by Fukoku Mutual Life Insurance (FMLI), to automate the activities of claims adjusters (see here). This was the first time we’ve heard of AI being used by a major institution to automate higher value mid-office roles. The big question it poses is whether this could be the watershed for AI in the BPS market.
We do believe some of the really big wins are to be gained from the application of AI in BPS, in terms of cost reduction, productivity improvements and new machine-led intelligence. However, pinning down what exactly AI is in a BPS context, and determining the reality from the hype, is critical to get a good understanding of the potential today, and application in the future.
Subscribers to TechMarketView's BusinessProcessViews research stream can read our detailed analysis in our report What are the opportunities for Artificial Intelligence in Business Process Services?
Posted by John O'Brien at '08:05' - Tagged: bps AI RPA
All the signs point to a wave of new ransomware attacks similar to WannaCry emerging in 2017, with healthcare and education identified as particular targets due to their continuing reliance on legacy systems less likely to have been patched against the latest cybersecurity threats.
If they are to avoid the embarrassing and disruptive consequences that successful attacks inevitably cause, public sector IT departments need to take a long, hard look at their existing security provision and decide the most cost effective route to beefing up their defences.
Our HotViews Extra piece ‘WannaCry should make cybersecurity top public sector priority’ discusses the fallout of last week’s attack on the NHS, and explains why Windows XP is not the only vulnerability that needs to be addressed.
Posted by Martin Courtney at '10:03' - Tagged: nhs cyber ransomware
Tickets for TechMarketView’s fifth annual Presentation and Dinner are now on sale! Early bird tickets are available for tables booked before June 1 2017 so don’t delay – book your place now via the registration form here.
This year’s Evening with TechMarketView will take place of Thursday 5 October 2017 at the magnificent Royal Institute of British Architects (RIBA) in Portland Place, London.
Posted by HotViews Editor at '10:36' - Tagged: events
We recently caught up with Dr Sati Sian, the relatively new CEO of Allocate Software, to hear how the UK-headquartered workforce optimisation software supplier has grown and evolved since being taken private by HgCapital in 2015, and to get a sense of what the future holds for the business. We found a forward-looking company that is passionate about the markets it serves – healthcare, defence and maritime - and on a mission to innovate and drive growth across the business.
HgCapital took Allocate Software private in January 2015 in a deal that valued the healthcare-focused business at nearly £110m (see HgCapital snaps up Alllocate Software). The private equity firm installed Sian as the new CEO nine months later (see HgCapital brings in new CEO for Allocate). With a change of ownership and CEO and some challenging market conditions, you might have expected Allocate Software’s growth to stall for a period, but instead the latest published accounts (for year to end May 2016) reveal that it has continued to grow and outperform the market. Total revenue increased by 6.6% (9% in constant currency) in FY16 to £44.1m whilst in its core market, healthcare, it outperformed its peers with revenue from the sector up by 9.4% (12% at constant currency) to £38.6m. As its financial year draws to a close, FY17 results look set to show an equally strong performance.
What is behind this growth and what does the future hold for Allocate Software? Foundation Service and PublicSectorViews subscribers can find out by reading our latest CompanyViews research – Allocate Software: Innovation & Growth – published today.
If your organisation doesn’t yet subscribe to our in-depth research streams and you’d like details of our 2017 subscription packages please contact Deborah Seth for more information.
Posted by Tola Sargeant at '09:34' - Tagged: defence strategy cloud software health maritime
In this PublicSectorViews report, we take an in-depth look at student data and analytics in schools, colleges and universities.
These are challenging times for the UK’s education establishments. Dwindling funds in schools and colleges, and the move from grant to tuition fee funding in an increasingly competitive higher education market are, amongst other things, having a significant impact on the sector. It has resulted in a greater need for establishments to use data to prove their effectiveness and better understand their students, which is creating opportunities for suppliers.
Principal Analyst, Dale Peters, discusses the external pressures (e.g. funding, policy, demographic), advances in technology (e.g. cloud, AI and machine learning) and leading suppliers, to provide a comprehensive overview of UK market trends and supplier opportunities in student data and analytics.
Subscribers can download 'Student Data and Analytics: Market Trends and Supplier Opportunities' now. If you don’t have a TechMarketView subscription, please contact Deborah Seth for more information.
Posted by Dale Peters at '12:34' - Tagged: education analytics university data schools MIS SMS
In this latest report in TechMarketView’s fintech series, we delve into “regtech” which has become an increasingly hot topic over the past 18 months. There is a big market opportunity here, at a relatively early stage of development and this therefore represents an important area of opportunity for SITS providers.
Alongside the established providers of regulatory platforms and outsourced services, there is a thriving start-up community which is actively targeting several areas of the regtech scene with new technology offerings. These will revolutionise the process of regulatory compliance with better solutions for the pervasive issues of KYC (Know Your Customer) and AML (Anti-Money-Laundering) as well as providing new insights and efficiencies through Artificial Intelligence, Big Data/Analytics and new Automation techniques.
A clear understanding of the regtech scene will prove very important as SITS providers look to enhance their product offerings, create new solutions and open up new market opportunities. Subscribers to the FinancialServicesViews research stream can access this report, here.
If you or your company would like to subscribe to FinancialServicesViews, please contact Deb Seth, our Sales and Marketing Director on dseth@techmarketview.com.
Posted by Peter Roe at '09:42' - Tagged: financialservices analytics bigdata regulation RPA
We are delighted to announce that tickets for TechMarketView’s fifth annual Presentation and Dinner are now on sale! Early bird tickets are available for tables booked before June 1 2017 so don’t delay – book your place now via the registration form here.
The guestlist for the evening – which has been a sellout for the last four years - typically includes CXOs from a broad range of SITS companies large and small, CIOs from public and private sector organisations, and a cross section of others with a keen interest in how the sector is evolving, including decision makers from the VC and private equity community. For a reminder of the hugely successful 2016 event, browse through a few of the images on our Instagram page or checkout #TMVEvening2016 on Twitter.
We also have a number of sponsorship opportunities related to the event. These provide a fantastic opportunity for our partners to raise brand awareness with prospective clients and partners and to get their message out to a high-profile audience from the world of UK tech. For more details on the available sponsorship packages and to express your interest in being considered as a sponsor please contact TechMarketView Managing Director Tola Sargeant (tsargeant@techmarketview.com or 01798 865231)
Posted by HotViews Editor at '08:00' - Tagged: events
TechMarketView was in Rotterdam this week to learn how Unit4 is integrating recent acquisitions and its plans for the future.
Products from its most recent acquisitions, prevero and Assistance Software, were at the forefront of the presentations at Unit4’s Connect Ambassadors conference. We also learned more about its progress in higher education and got to see its digital assistant (chatbot), Wanda, in action.
In this latest UKHotViewsExtra article, we look at Unit4’s commitment to a more loosely coupled and ‘self-driving’ product strategy, the launch of PSA Suite Business Performance Edition, its progress in key verticals, and the importance of Wanda to the business.
If you would like to read more, and are already a TechMarketView subscriber, you can read ‘Unit4: acquisitions, development and Wanda’ now. If you would like to find out how to access the research, please contact Deb Seth to find out more.
Posted by Dale Peters at '10:09' - Tagged: strategy chatbot conference
Applications CLOSE TODAY for the inaugural TechMarketView Great British Scaleup Event to be held in London on Wednesday 28th and Thursday 29th June.
If you run a fast growing, privately held, UK-owned tech SME and feel that you are ready, willing and able to make a step-change in growth, the TechMarketView Great British Scaleup programme aims to help you connect with external finance to accelerate your scale-up journey.
Four of the most promising candidates will be invited to participate in an intensive half-day, closed-door session to discuss their business plans and prospects in confidence with TechMarketView and our founding Advisory Sponsor, ScaleUp Group, whose team of successful tech entrepreneurs and experienced executives have been responsible for accelerating growth at companies like yours.
All applicants, whether or not selected for this event, will also be eligible for an initial infrastructure assessment at no charge by managed cloud and infrastructure services firm Cogeco Peer 1, the Enterprise Cloud & Infrastructure Services Technology Partner for the Great British Scaleup programme.
Companies participating in the Great British Scaleup programme will also enjoy invaluable exposure in TechMarketView UKHotViews, widely acknowledged as the most influential daily commentary on the UK tech scene, as well as coverage in selected TechMarketView research.
Applications must be submitted BY 6PM TODAY via the web-based Pre-Qualification Form. Successful applicants will be notified by 26 May.
There is no charge to apply or participate in this event, so don’t miss this chance to be one of the first TechMarketView Great British Scaleups!
Further information can be found in the Great British Scaleup page on our website or by contacting us at gbs@techmarketview.com.
Posted by HotViews Editor at '07:46'
You might not warm to the term “Internet of Things” (IoT), but it has come to define a system of ubiquitous sensors that can connect the physical world to the Internet. The value is of course in the flow of data from and between sensors/devices and the real-time data analysis that can enable more automated, predictive and intelligent decisions and activities. Possible applications are numerous and diverse, and most are yet to be discovered. However, this nascent market has massive potential to change our lives by making the world smarter.
IoT is an excellent example of our research theme for this year: Unlocking the Intelligence. While the estimates for the potential number of sensors dotted around our environment will go into the billions (or even trillions), its most profound impact will come from taking data analytics and digital integration decision making to another level. However, we are only just at the very start of understanding the ‘art of the possible’ and current IoT revenue for traditional IT services suppliers is very small indeed. Furthermore, their challenges involve not only navigating market immaturity, but also in identifying where – and when – to invest.
In this research note we investigate what IT services providers could be doing to position themselves for future opportunities as they flow through. We also examine some of the use cases that have emerged recently and take a look at how some suppliers are positioning themselves for success.
Read the report here: Internet of Things: Time for IT services providers to accelerate their strategies?
This research is available for subscribers to InfrastructureViews. If you do not currently subscribe and would like to, please contact Deb Seth.
Posted by Kate Hanaghan at '08:30'
There’s just TWO DAYS LEFT to get your application in for the inaugural TechMarketView Great British Scaleup Event to be held in London on Wednesday 28th and Thursday 29th June.
Applications must be submitted BY FRIDAY 5TH MAY via the web-based Pre-Qualification Form. Successful applicants will be notified by 26 May.
Posted by HotViews Editor at '06:00'
TechMarketView is delighted once again to be both a Sponsor of/and Judge in The Enterprise Awards 2017 (in association with WCIT). This year the event, known as the ‘Oscars for UK Tech Entrepreneurs’, is even bigger and grander than prior years and takes place at the Dorchester on 14 June 2017. (Over 300 leaders in UK tech have already booked a place in the audience at the Awards ceremony - for full details and to book a table yourself Click Here).
If you haven't yet put yourself or your CEO/founder forward for an Enterprise Award then there's no time to waste as the deadline is tomorrow. Unlike TechMarketView’s Little British Battlers or Great British Scaleups, the Enterprise Awards are for individuals not companies. So, if you are already an LBB or budding GBS, why not enter yourself, or your CEO/founder, for an Enterprise Award? Indeed, many already have - and won - in the past.
TechmarketView will be at the Awards on 14 June and we’d love to see you there too.The Award categories are as follows:
· Young Entrepreneur
· Evergreen Entrepreneur - for founders who started their business aged 50 or over
· Emerging Entrepreneur – up to £1 million annual revenue
· Developing Entrepreneur – annual revenue between £1 and £5 million
· Scaling Up Award – fastest growing companies
· Enterprise Entrepreneur – annual revenue over £10 million
· Social Enterprise Entrepreneur - for entrepreneurs with a business model that gives something back
· Public Sector Award - excellence and achievement in the public sector
· Female Entrepreneur - for outstanding female entrepreneurs
· Mentor of the Year
· and the Judges Special Award.
Entries must be received by this Friday, 5 May. Entry forms can be downloaded from Enterprise Awards 2017 Entry Form or contact Sarah Robinson at tx2 Events - sarah.robinson@tx2events.com or 020 31372541. Good luck!
Posted by HotViews Editor at '15:29' - Tagged: events lbb awards scaleup
We experienced a technical problem with our CASB report yesterday, which rest assured is now online and available for download.
Increasing cloud adoption has turned traditional staff data security requirements on their head, forcing IT departments to find more effective ways of monitoring and protecting remotely-hosted applications and services.
Employee use of “shadow IT” is causing headaches for organisations that need to keep close control of data and access for security and compliance purposes, and a new generation of on-premise and cloud-hosted software has emerged to help tackle the problem. This report documents the evolution of cloud access security brokers, lists relevant UK suppliers and summarises current market trends.
Subscribers to SecureConnectViews can download the report Cloud Access Security Brokers (CASB): Benefits and Opportunities here. If you would like to find out how to access the research, please contact Deb Seth.
Posted by Martin Courtney at '09:35' - Tagged: cloud cyber CASB
There’s just three days to go to get your application in for the inaugural TechMarketView Great British Scaleup Event to be held in London on Wednesday 28th and Thursday 29th June.
Four of the most promising candidates will be invited to participate in an intensive half-day, closed-door session to explore their growth options in confidence with TechMarketView and our founding Advisory Sponsor, ScaleUp Group, whose team of successful tech entrepreneurs and experienced executives have been responsible for accelerating growth at companies like yours.
Posted by HotViews Editor at '07:25' - Tagged: GreatBritishScaleup
There’s just four days to go to get your application in for the inaugural TechMarketView Great British Scaleup Event to be held in London on Wednesday 28th and Thursday 29th June.
Four of the most promising candidates will be invited to participate in an intensive half-day, closed-door session to discuss their business plans and prospects in confidence with TechMarketView and our founding Advisory Sponsor, ScaleUp Group, whose team of successful tech entrepreneurs and experienced executives have been responsible for company exits valued at over £4b.
Further information can be found in the Great British Scaleup page on our website or by contacting us at gbs@techmarketview.com
Posted by HotViews Editor at '07:27' - Tagged: GreatBritishScaleup
Our longstanding readers will know that TechMarketView LLP has grown considerably since Anthony and I founded the business back in 2008. We now have a team of 16, plus a growing number of associates, delivering top notch research and analysis on the UK tech market. As a business, we are also doing more than ever before in addition to this core research – from providing advisory services to the top management of some of the leading players in the UK market, running hugely successful events such as our recent LBB100 drinks reception or the Evening with TechMarketView in October, to launching new programmes to support the UK’s Great British Scaleups .
As TechMarketView continues to grow and evolve, the time is right to expand the leadership team and we are therefore delighted to announce that Tola Sargeant will take up the new role of Managing Director from 1 May 17. Tola has been a Director at TechMarketView since 2009 and we’ve worked together in previous guises for the best part of two decades. An experienced analyst from our Public Sector practice, Tola has also been managing our Client Services team and Events for the last few years and is ideally suited to the MD role.
Tola has put together an experienced Executive Team which includes:
- Kate Hanaghan as Chief Research Officer
- Georgina O’Toole as Chief Analyst
- Deb Seth as Sales & Marketing Director.
This in no way means that Anthony & I are disappearing. But we do have to realise that neither of us is getting any younger and that the worst mistake many small businesses make is not thinking about succession planning until it is too late. We have often joked that our main role in TechMarketView was having lunch and dinner- and that’s exactly what we intend to continue doing long into the future.
Anthony & I are immensely proud of what we have achieved together. Perhaps our main achievement has been putting together and growing the very best team that anyone could wish for. This move is all about giving them the responsibility and incentive to continue TechMarketView’s growth way into the future.
Posted by Richard Holway at '08:00'
