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There was a total of £1.58b invested in 252 UK and Irish technology companies by 294 investors in Q1 2019, according to the latest data from corporate finance firm, Ascendant. Although this is more than the same period last year, there has been a downward trend in both the number and aggregate value of investments in the sector since Q2 2018 suggesting that the market may have finally turned.
The latest edition of IndustryViews Venture Capital has more detail, along with a handy summary of a large selection of the quarter's UK tech venture funding deals.
TechMarketView Foundation Service subscription clients can click on the following link to download IndustryViews Venture Capital Q1 2019 Review.
Posted by HotViews Editor at '08:41' - Tagged: funding startup
The uptake of cloud has been a drawn-out process, as organisations have gradually familiarised themselves with how to make best use of the opportunities afforded by cloud platforms, including which workloads can be successfully migrated to the cloud, and which would be best kept on-premises.
Another factor that has slowed the adoption of cloud has been the inevitable concerns over security. Cloud computing is, after all, basically about paying to run your applications and services on systems owned by another party. This inevitably means that an organisation has less than total control over the infrastructure being used to operate their workloads. This alone makes it likely that some applications involving sensitive data, especially in highly regulated industries such as financial services, may never be migrated to a public cloud environment.
Nevertheless, there has been a relentless drift towards the cloud over the past decade, as organisations weighed up the pros and cons of moving to an “IT as a service” model and paying to use resources owned and maintained by a cloud provider rather than continuing to bear the cost of procuring and maintaining their own IT infrastructure.
In Securing the cloud: A case of shared responsibility, we examine the steps the major providers offering cloud services in the UK are taking to ensure the security of their infrastructure and by extension the customer data stored within it. Suppliers included in this report are: Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, Oracle Cloud, Rackspace, and Alibaba Cloud.
If you are not a TechMarketView subscriber, please contact Deb Seth for more information.
Posted by HotViews Editor at '09:43' - Tagged: cloud security cyber hybrid
The gap between the peer-group leader and the rest of the India-centric top tier offshore service providers widened yet again as TCS saw its UK revenues soar by 22% in FY19 (to 31st March), increasing its lead over second-ranked HCL.
The Top 6 offshore services firms generated aggregate UK revenues of £6.54b in the period, 12.4% higher than the prior year. With the UK IT services market still growing in low single digits, the India-centric firms once again gained material share.
This edition of OffshoreViews also includes snapshots of the leading players as well as a round-up of the volatile mid-tier scene.
Subscribers to the TechMarketView Foundation Service can download OffshoreViews Q1 2019 review here.
Posted by HotViews Editor at '16:18' - Tagged: offshore
The bare facts are that Salesforce is to buy data analytics and visualisation specialist Tableau Software for whopping $15.7bn in an all share transaction.
It will be its largest acquisition by far (outstripping the 2018 $6.5bn Mulesoft purchase) and has roused plenty of debate over the generous valuation (Tableau was valued at just under $11bn prior to the announcement and FY19 revenues are expected to be in the $1.24bn to $1.4bn range); and the impact on Salesforce’s FY20 operating margins (a 75 basis point reduction is anticipated). Tableau is expected to add $350m-$400m of revenue to the Salesforce pot, based on a closing date in October 2019.
Three things that stand-out from this proposed transaction: Salesforce’s deeper move into high value data and analytics; the Tableau/Mulesoft combo value proposition; and how Salesforce is adjusting to the hybrid environment. Further insight into Salesforce’s Tableau acquisition is available here in HotViewsExtra, available to TechMarketView clients including UKHotViewsPremium subscribers.
Posted by Angela Eager at '09:54' - Tagged: acquisition cloud software analytics data
Posted by HotViews Editor at '09:03' - Tagged: cloud security
Avid readers of TechMarketView research will know that we like to keep in touch with the companies that have been through our various SME programmes, following their progress from start-up to scale-up and beyond. We have a special affinity with the disruptive SMEs that took part in our inaugural programme - the ‘Little British Battlers’ or LBB Programme– so we were delighted to catch up with the CEO of one of these LBBs, Pamela Cook from Infoshare, a UK-owned software company that works with organisations to create single views of people, objects, locations and account information.
We were particularly pleased to hear how successful Infoshare has been with its partnering strategy. Often the SMEs that we talk to complain about the challenges of partnering with larger SIs, or the lack of business they’ve won through formal SME partnering programmes, but for Infoshare the experience has been a very positive one. In particular, Pamela highlights the success they have had with Accenture, Atos and most recently Agilisys.
TechMarketView subscription clients and UKHotViews Premium subscribers can read the full story today in UKHotViewsExtra: Partnerships help drive growth at LBB Infoshare.
Posted by Tola Sargeant at '08:30'
Posted by HotViews Editor at '00:00'
Intel has been at the heart of the IT industry since the days of the first personal computers, but like every organisation it must constantly review its operations and transform itself to stay on top of the technology pile.
The company has spent the last seven years steadily altering the mix of its traditionally PC orientated business to put itself at the core of a new world of cloud computing. Its CPUs and chipsets power much of the server, storage and networking architecture that shifts enormous volumes of data around cloud hosting facilities and enterprise data centres.
To that end we paid close attention when Intel launched a raft of CPUs, memory components, solid state hard disks and network/storage adapters in April. Those include its 2nd generation Xeon Scalable CPUs (dubbed Cascade Lake) enhanced to deliver greater throughput and scale and engineered to better support data centric workloads like artificial intelligence (AI), machine learning (ML) and Internet of Things (IoT).
Subscribers to SecureConnectViews can read our report Intel: In Place to Power Cloud Data Centre Transformation report here.
For subscription enquiries, please contact Deb Seth.
Posted by Martin Courtney at '09:38' - Tagged: servers datacentres storage infrastructure AI ML
