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Tuesday 25 January 2022

EY launches UK Neuro-Diverse Centre of Excellence

LogoEY is to set up its first UK Neuro-Diverse Centre of Excellence (NCoE) in Manchester. It will be the thirteenth such specialist working environment that the firm has established around the world alongside cities including Philadelphia and Boston.

Neurodiversity refers to variation in the human brain regarding sociability, learning, attention, mood and other mental functions in a non-pathological sense. The term encompasses conditions such as ADHD, Autism, Dyspraxia and Dyslexia. EY’s NCoE is designed to create a supportive work setting for employees with cognitive differences. The move aims to better address the needs of a largely untapped talent pool which contains significant numbers of people with high levels of proficiency in skills relevant to in-demand fields including intelligent automation, data analytics and cybersecurity. Today, just 22% of autistic adults are in any kind of employment in the UK according to the Office for National Statistics.

In our 2019 report The Digital Skills Deficit – Breaking the Bottleneck we highlighted the need for the SITS sector, which for much of its history has often been criticised for its lack of diversity, to make inclusivity its new watchword as a key part of its efforts to deal with an increasingly acute talent crisis. The intervening years have both seen the demand for digital capable individuals continuing to grow dramatically and made more pressing the requirement for the industry to cast its recruitment net ever wider. The Big Four firm is by no means the only organisation with a strong technology focus to recognise the value in actively hiring individuals with cognitive differences. CGHQ, for example, has had a specialised neurodiversity support service for employees for over two decades. The launch by EY of the Manchester NCoE is nonetheless an encouraging development. It will not be surprising if some of its competitors soon follow suit.

Posted by: Duncan Aitchison at 09:48

Tags: big+4   diversity   Inclusion  

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Tuesday 25 January 2022

IBM exits 2021 “a different company”

ibmIBM has released its Q4 financial results, which show for the first time what the company looks like following the separation of the Kyndryl business.

Revenue increased 8.6% (constant currency and versus the comparable quarter in the previous year) to $16.7bn. Kyndryl may have been spun-off, but a significant commercial relationship remains between the two with the latter contributing 3.5 points to IBM’s revenue growth.

For reference, what was Global Business Services is now “Consulting” - it grew 16% in Q4 to $4.7bn. Cloud and Cognitive Software is now “Software” under the new segmentation, and it increased 10% in Q4 to $7.3bn. Note that Software and Consulting combined represent 70% of annual revenue. Systems (which includes Tech Support Services and IBM Cloud IaaS) is now segmented as “Infrastructure” and grew 2% to $4.4bn. What was Global Technology Services is now of course Kyndryl.  

IBM continued to support its hybrid/AI strategy with investments and acquisitions throughout 2021. For example, it made five acquisitions in Q4 and a total of 15 throughout the year. (After much speculation, it also announced that it has sold its Watson Health assets).

CEO and Chairman, Arvind Krishna, said the bottom line is that "we’re exiting 2021 a different company” - and that is certainly true with Kyndryl now a completely separated entity.

The firm now has more than 3,800 hybrid cloud platform clients - up 1,000 on a year ago - and the positive ‘ripples’ from this are significant. For every dollar of hybrid platform revenue, IBM and its partners can generate $3-5 of software, $6-8 of services, and $1-2 of infrastructure revenue. There’s been progress with those partnerships too, with more than 50% revenue growth across Amazon Web Services, Azure and Salesforce.

Just one quarter into the “new” IBM, it is far too soon to say how successful the spin-off and repositioning will be going forward. However, the numbers look encouraging. Furthermore, the firm is expecting to grow revenue at the “mid-single digit rate” (constant currency) in 2022. It expects Kyndryl will contribute an additional three points of growth spread across the first three quarters of the new fiscal year.

Posted by: Kate Hanaghan at 09:47

Tags: results   AI   hybrid  

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Tuesday 25 January 2022

Mphasis sustains strong growth

MphasisIndian technology vendor Mphasis has released third quarter results reflecting continued strong revenue growth and improving profits. The financials for the period ended 31 December 2021 revealed that global revenue reached ₹88bn YTD (£871.7m) and was up 20.6% on the same period last year. Third quarter revenue was also up strongly at ₹31.5bn (£312m) representing an increase of 25.6% on the same period last fiscal year.

The latest three months represent the company’s third consecutive quarter of strong growth (see: Record quarter for Mphasis). During the period, Mphasis secured contract wins worth approximately £250m in total, with the largest of these worth the equivalent of £70m. The most noteworthy of these deals were in the US healthcare and banking sectors.

North America is by far the most important geography for Mphasis and generates around 80% of the company’s global revenue.  In Q3, the vendor’s Europe Middle East and Africa region accounted for revenue worth around £35m (10% of the company’s total).

Posted by: Jon C Davies at 09:46

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Tuesday 25 January 2022

Fourth year of pacy progress at IFS

IFS logoProgress remained pacey at IFS during 2021 with revenue rising a sterling 14% to SEK 6,767bn (c.£541m) in the year to 31 December 2021, the fourth year of double digit growth, despite COVID headwinds. Within that the important software percentage reached 73%, based on a 22% uplift in software revenue to SEK 4,928bn (c.£394m) for the supplier of cloud and enterprise software to companies who manufacture and distribute goods, build and maintain assets, and manage service-focused operations.

There was also substantial cloud progress with revenue growing 105% yoy, although IFS did not provide insight into revenue numbers. It was particularly important to deliver strong cloud performance following the launch of IFS Cloud in March, which marked a decisive move to the cloud (see IFS makes major cloud shift with IFS Cloud release) via a single cloud product with rich embedded digital capabilities. Bottomline performance was not disclosed as part of the results released by the privately held company. CEO Darren Roos says IFS is “not compromising on any other metrics to achieve this level of sustained growth”.

2021 was a year of change because it also saw the acquisitions of  ITSM and ITOM provider Axios Systems to extend its service offering; and Customerville which was already used by IFS and bought in-house to further its ‘Moments of Service’ proposition. The year also saw the launch of IFS’s sustainability strategy and pledge to become carbon neutral by 2025.

There was a notable divestment too - service management for field service, last mile delivery, and logistics businesses, WorkWave, which at the point of acquisition in 2017 was IFS’ largest acquisition. It was to provide IFS with a US presence but it targeted smaller organisations compared to IFS and specific vertical field service solutions in sectors such as pest control so was deemed not to be the best fit with the core IFS business. 

IFS is making strides as it journeys further towards a cloud and product base, while its commitment to delivering quality of service through ‘Moments of Service’ capabilities and its sustained focus on selected vertical segments continues to pay dividends and gives it plenty to work with. 

Posted by: Angela Eager at 09:39

Tags: cloud   software   tradingupdate  

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Tuesday 25 January 2022

NASDAQ's volatile trading day

NASDAQLast Thursday morning I wrote NASDAQ enters ‘Correction’ territory as it had plunged 10% from its 19 Nov 21 high. Since then it had continued to fall and is now down 13.9% from its high. This compares to a gain of 1% in the FTSE100 in the same period. All to do with a rotation from ‘growth’ to ‘value’ stocks. The problem with this crude definition is that many tech companies are highly profitable and are likely to be so for some time to come. They should not all be tarred with the same ‘loss-making, all ‘jam tomorrow’ brush. This week is key as several of the Big Tech players – Tesla, Apple, Microsoft – all report on Q4. IBM was the first off the block yesterday and pleased the market in the process. See Kate's  'IBM exits 2021 'a different company''.

FTI suspect that many UKHotViews readers also get the Financial Times. They have an early publication time which yesterday was before the US markets close. So the front page on both the print and digital editions were headlined ‘Fresh losses batter NASDAQ’ as the index had fallen by 4.9% at one point on Monday. If that had continued to the close, NASDAQ would have been within a smidgen of a ‘Bear Market’ (defined as a fall of 20% from its most recent high). But then NASDAQ had a stellar final period - not only recovering all its losses but ending Monday UP 0.63%.

This morning my screen has opened with a ‘Sea of Green’. Whether it continues upwards will much depend on what Microsoft reports tonight and Apple later in the week.

Posted by: Richard Holway at 09:20

Tags: stockmarket  

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Tuesday 25 January 2022

MHRA picks Genpact for safety AI

GenpactThe UK Medicines and Healthcare Products Regulatory Agency (MHRA) is expanding its relationship with Genpact subsidiary Commonwealth Informatics (CI) to help transform the way that it manages safety during drug approval and post market surveillance. The MHRA is an agency of the Department of Health and Social Care, responsible for regulating medicines, medical devices and blood components for transfusion in the UK. The MHRA has been working with the Genpact subsidiary for some time in areas such as the use of AI and Machine Learning in proactively managing safety. 

MHRAGenpact acquired Boston-based CI, a cloud-based drug safety analytics provider, back in 2018 (see Genpact boosts AI capabilities for drug safety) as it looked to boost its specialist BPS expertise in pharmacovigilance, the practice of monitoring the effects of drugs after they have been licensed for use, in order to identify and evaluate unreported adverse reactions. Integrating CI’s signal management solution into its existing pharmacovigilance artificial intelligence (PVAI) suite Genpact has been aiming to become a single ‘go-to partner’ in this space. Incorporating CI’s Vigilance Workbench (CVW) software is designed to shift the emphasis away from transaction processing towards making more intelligent use of the available data to help predict and prevent adverse effects.

The MHRA will use CI’s signal detection and signal management solution CVW, to support its transformation of safety monitoring through a single platform across all medicines, vaccines, blood components and devices. The aim is to deliver a more responsive safety surveillance system across multiple data sources.

This is a good win for Genpact, not only does it validate its decision to focus on deep domain expertise and specialist AI capabilities, but it also helps further open up avenues within the UK health and life science sectors.

Posted by: Marc Hardwick at 08:55

Tags: contract   lifesciences   data  

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Tuesday 25 January 2022

Reincarnated proptech Homesearch rises again with new funding

logoThere’s an interesting backstory to the launch of London-based proptech startup, Homesearch. The platform was originally pre-launched in June 2020 as a free-to-list portal for estate agencies, with claims of more than 10,000 agents already signing up – albeit ‘not all of (Homesearch’s) listings will be visible from day one’.

And that apparently was the last anyone heard of Homesearch.

Until now, that is.

Homesearch has since relaunched as a residential property database for landlords and estate agents with detailed information on a claimed 29m addresses on the platform, apparently ‘every home in the UK’. Homesearch comes with a marketing toolkit including direct mail templates so you can bombard every home in the land (should you wish) with unnecessary litter.

Homesearch was founded in 2017 by Giles Ellwood (CEO) previously founder of data profiling/direct mail service Address Intelligence, at whose associated business, Address Intelligence Technologies, among other companies, he still serves as a Director. Homesearch recently raised £5m in a Series A funding round led by Octopus Ventures.

I am not in the least bit surprised that Ellwood’s foray into the online estate agency market was a less than a glorious success considering the dominance of established players such as Zoopla and Rightmove, and the kluge of wannabes that trail behind them.

Arguably it was a smart ‘pivot’ to, in effect, a residential home direct marketing platform. But show me the money!

Posted by: Anthony Miller at 08:48

Tags: funding   startup   PropTech  

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Tuesday 25 January 2022

*NEW RESEARCH* Education SITS: Market & Suppliers 2021-2024

Education report coverTechMarketView’s UK Education Software & IT Services: Suppliers, Trends & Forecasts 2021-2024 report is the last of our six deep-dive reports providing TechMarketView’s UK public sector SITS subsector analysis from a market and supplier perspective.

The report accompanies the UK Public Sector Software & IT Services: Suppliers, Trends & Forecasts 2021-2024 report, which provides a sector overview, and follows the recently published reports on the Central Government, Defence, Local & Regional Government, Health, and Police SITS markets.

Within the Education report you will find TechMarketView’s Top 10 SITS supplier rankings for this part of the public sector in 2020. You will also find our analysis of suppliers that are just below the Top 10, as well as our 'Ones to Watch'; suppliers that are worthy of mention due to some interesting moves and/or an increasingly significant footprint.

The subsector was heavily impacted by the pandemic, with institutions across primary, secondary, further and higher education being closed or having severely restricted site access. Exams were cancelled, establishments faced a loss of income from catering, executive education, venue hire etc., leading to delays in IT projects and a decline in the size of the market in 2020.

As we have seen throughout the public sector, the need to operate remotely and build resilience for the future has increased the demand for cloud services in Education. This will facilitate greater innovation and experimentation in the subsector and allow education institutions to move at a pace and level of flexibility that would have seemed impossible prior to the pandemic. This will help to drive the market back to growth as we move through the forecast period to 2024.

In this report we look at some of the technology trends in the Education SITS market, including the developing interest in smart campus initiatives; the growing cyber threat; how regulation will drive digital demand; the challenge of quantifying and articulating social value; and how suppliers are chipping away at the MIS monopoly in schools.

PublicSectorViews’ subscribers can download the research today. If you are not yet a subscriber, or are unsure if your company has a subscription, please contact Deb Seth to find out how you can access the research.

Posted by: Dale Peters at 07:00

Tags: education   forecasts   rankings   research   schools   market+trends   higher+education  

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Monday 24 January 2022

IBM agrees sale of Watson Health assets

IBM logoAfter weeks of speculation IBM has announced it has signed a definitive agreement that will see Francisco Partners acquire healthcare data and analytics assets that form part of the Watson Health business. The financial terms of the agreement have not been disclosed.    

The deal, which follows the sale of its i2 intelligence analysis product portfolio earlier this month, includes a range of data sets and products, including Health Insights, MarketScan, Clinical Development, Social Program Management, Micromedex, and imaging software offerings. The acquisition is expected to close on Q2 this year.

IBM is at a crucial point in its history. In October, the firm completed its spin-off of the Kyndryl business as it began trading on the NYSE. The spin-off, divestments and acquisitions are all part of the actions being taken to intensify IBM's focus on hybrid cloud and AI. The announcement states, "IBM remains committed to Watson, our broader AI business, and to the clients and partners we support in healthcare IT."

FP logoThe acquisition is a good fit for Francisco Partners, which has offices in San Francisco, New York and London. The global investment firm has a strong healthtech portfolio, including Availity, eSolutions, Capsule, GoodRx, Landmark, QGenda, Trellis, and Zocdoc. It should be able to leverage the expertise and market reach within these existing businesses to enhance the application of Watson Health's assets. The company intends to establish a standalone company based on these assets and will retain the current management team.  

The sale will end IBM's grand ambitions for Watson in the health sector and will see the business step away from this part of the market just as others, e.g. Microsoft and Oracle, and ramping up their ambitions.

Posted by: Dale Peters at 10:11

Tags: acquisition   health   AI   data   healthtech  

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Monday 24 January 2022

Mention Me gets a $25m referral from new backer

logoThe premise behind referral marketing is dead simple. You refer someone to a company's brand and both you and they get a reward if they buy.

There are many startups that play to this theme, including London-based Mention Me (yes, folks, does what it says on the tin!) whose Series A round I wrote about back in July 2018 (see Eight Roads refers $7m to Mention Me). Four years on, Mention Me has now leapt up the funding scale with a $25m Series B round led by Octopus Ventures. Series A lead, Eight Roads Ventures, followed on.

Mention Me was founded in 2013 by former consultants Andy Cockburn (CEO) and Tim Boughton (CTO). Both came from senior positions at US-based holiday lettings platform, HomeAway. Back in 2007, Cockburn co-founded Wigadoo, a ‘co-ordinated purchasing platform for leisure and travel services’, which closed in 2009.

Mention Me appears to be firing on all cylinders – though sucking a lot of fuel, to milk the analogy. The startup claims it has done the necessaries for over 450 brands, generating 4m referrals worth £1b for its clients globally. However, Mention Me’s cut from those referrals is modest indeed – the company generated revenues of just £6.8m in 2020, up 70% yoy, with net losses of £1.5m, a substantial improvement on the prior year’s £2.5m loss. Staff costs were a stonking £6m for its then 82 staff and directors, and it looks like they spend up to £2m on sales and marketing.

Mention Me charges £30k p.a. for its Standard Edition, with POA if you want to integrate into SAP’s Commerce Cloud (Mention Me is on the SAP Store – smart move).  It no longer talks about taking a commission on the first order of referred customers, so I’m not sure whether that’s still in the mix.

Mention Me has also moderated its expectations on implementation time, previously claiming it takes as little as seven hours to implement a referral scheme on its platform. This is now a far more realistic 30 days to launch a new programme, although they say it can be much less.

Clearly the Series B round is a huge vote of confidence in Mention Me’s prospects. It has some good brands in the client base and inclusion in the SAP Store is good for credibility if not for business. But surely the focus needs to be on substantially accelerating revenue growth.

Posted by: Anthony Miller at 09:05

Tags: funding   startup   martech  

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Monday 24 January 2022

UKCloud acquired by strategic investor

UKCUKCloud, the specialist provider of cloud services to UK government, has been acquired by Hadston 2 Ltd.

Hadston 2 is an investment vehicle led by entrepreneur and UKCloud Chairman, Jeff Thomas, and backed by existing institutional investors including BGF Group plc and Digital Alpha.

UKCloud has six UK data centres, all supporting multiple security classification levels for a range of cloud services to Government. Hadston 2 has an “ambitious strategic vision to build a group of companies leading innovation in the ethical and sustainable use of data and digital infrastructure”.

Importantly, it is intended that the funding will see UKCloud - which has been a notable player in the UK public sector for over a decade - “through to profitability” while also accelerating the growth of its UKCloudX and UKCloud Health brands and supporting a recruitment drive. (Read about previous investments here: UKCloud announces investments.)

Hadston 2’s plan is to position UKCloud “as part of a portfolio of businesses” - indicating that acquisitions/geographic expansion are also on the horizon.

Posted by: Kate Hanaghan at 08:55

Tags: publicsector   acquisition   cloud  

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Monday 24 January 2022

Computacenter set to hit 17th year of EPS growth

cccA pre-close trading statement from Computacenter outlines that despite “head winds from a strong pound and product supply shortages”, the firm is expecting to achieve its seventeenth year of uninterrupted earnings per share (EPS) growth. This will of course mean the firm will retain its TechMarketView Boring Award!

Computacenter now believes it will hit an adjusted profit before tax of just over £250m, having finished its fourth quarter (to end December) ahead of its own expectations.

Group revenue increased 27% (constant currency) in 2021, with the firm experiencing its “highest growth in Services revenue for the last 20 years”. The Technology Sourcing (resale) business also exhibited “continued strength”.

Based on 2021’s performance, and Q4 in particular, Computacenter goes into 2022 in a very good position, with leaders feeling the business is “well placed for another year of progress”.

In 2021, Computacenter celebrated its 40th birthday. In Computacenter: Feeling fine at 40, we look at how the firm has evolved, examine its performance, and consider its future (subscribers only - please contact Deb Seth for more information).

Posted by: Kate Hanaghan at 08:25

Tags: profits   growth   EPS   tradingupdate  

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Monday 24 January 2022

Epipole resets sights on US market with new funding and CEO

logoAlthough we don’t ‘major’ in tech hardware as such, I do like to call out exciting innovation in healthtech devices. One area that caught my eye – you could say literally – is ophthalmology, where we have brought to your attention various startups, most recently Aston University spin-out, Eyoto (see Aston Uni spin-out Eyoto eyes funding to improve tele-optometry perception) and Reading-based portable eye scanner startup Occuity (see Angels sharpen visual acuity of Occuity’s eye scanner).

Preceding Occuity in portable eye scanner development is Fife-based Epipole, which I first wrote about in June 2020 (see Scotland’s visionary start-up Epipole raises £1.5m). Founded in 2011 by medical imaging technologist, Craig Robertson, Epipole has just raised a further £1.3m in a funding round led by new investor Greenwood Way Capital, along with support from exiting backer,  Scottish Enterprise.

The round also sees a changing of the guard at Epipole, with Robertson stepping aside into the role of CTO. Replacing him as CEO is Conal Harte, formerly MD Emerging Markets for Iceland-headquartered international orthopaedics manufacturer, Ossur. Harte was brought on board, I assume, to add impetus to Epipole’s ambitions in the US market, where they had hoped to launch early in 2021. 

This looks like a classic case of a tech founder deciding to stick to what he knows best and bringing in an outsider with appropriate experience to take the business into new markets. Good move.

Posted by: Anthony Miller at 07:59

Tags: funding   startup   healthtech  

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Friday 21 January 2022

WNS reaping the reward of analytics

WNSBusiness process operations specialist WNS continues to bounce back in fiscal 2022 with Q3 results showing top and bottom-line improvements on the same time last year. Revenue increased by 19.2% YoY to $284.1m, (Q3 2021 $238.4m) and up 3.8% QoQ (Q2 2022 $273.6m). Operating profit also improved to $34.3m, compared to $31m in Q3 of last year and $32.1m last quarter.

WNS added 11 new clients in the quarter and expanded 26 existing relationships, also benefiting from increased travel volumes within the airline sector to which it remains wedded. The firm has been one of the major “BPOs” betting on the impact of data and analytics and this appears to be paying dividends with clients looking to in personalise operations. WNS’s retail domain expertise is in demand from a range of other sectors looking to make operations more intelligent. This has seen WNS develop cloud based cross industry platforms and a Centre of Excellence based model to drive adoption among clients. This value-add approach to existing operations in making them more intelligent is a smart strategy, as clients re-evaluate partnerships post-Covid, looking for more agile and resilient delivery.

Whilst Covid remains a big hurdle for WNS given its client base, the current trajectory of the business has prompted it to update guidance for this fiscal year (ending March 31st) and now expects revenue to be between $1,008m and $1,022m, up from $868.7m in fiscal 2021.

Posted by: Marc Hardwick at 09:22

Tags: results  

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Friday 21 January 2022

Alexa – What’s happened?

AlexaThe Holway household has Amazon Alexa controlled stuff in nearly every room. This morning NONE of them work – however much I shout at them. Of course, one’s first thought is that it’s my fault. So one sets about rebooting etc.

But it’s not your fault. Amazon Alexa is suffering a major outage in the UK and other European countries too. I’m sure it will be fixed shortly. But it does demonstrate the drawbacks of being overly dependent on technology. I’m now having to search for one of those old style radios so I can listen to the news. Now where did I store my CD Player?

The Twittersphere is full of stories from people who can’t get their heating to work, have missed alarm calls, can’t access their security camera. A Mrs Powell complained she had to get out of bed to switch the lights on.

Note - Normal service resumed at 9.10am.

Posted by: Richard Holway at 09:15

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Friday 21 January 2022

C-19 Chickens come home to roost. NETFLIX, Peloton and Deliveroo report very different performance

Three companies that have come to epitomise how the world changed in the last two years because of C-19, reported yesterday.

NetflixNETFLIX kicked off the FAANG reporting reason by disappointing the market. Although they added 8.28m new subscribers, that was short of expectations and the shares dived 12% in afterhours trading. This was despite revenues up 19% at $30b and an even higher35% rise in profits to $6.2b. NETFLIX had been a major beneficiary of the ‘stay-at-home’ dictates. But recent releases like the latest James Bond and Spiderman movies show the hunger people have to return to the ‘real’ cinema. One of our ‘young ones’ has seen Spiderman three times at the cinema! On top of this, the battle of the streamers has intensified significantly in the last two years with new deep-pocketed entrants pushing up the cost of production. Subscriptions to all the entertaining services set back families a lot of dosh. As inflation bites, reducing the number is an obvious budgeting measure.  Maybe we have seen ‘Peak NETFLIX’?

PelotonLooks like we have certainly seen ‘Peak Peloton’. Their hugely expensive ‘exercise bike with added iPad’ was a huge hit in the early stages of C-19. But yesterday Peloton announced it was suspending production due to ‘a significant reduction in demand’ and cut its revenue guidance by $1b from $5.4b to $4.4b. On top of a waning market, Peloton has had to cope with safety issues after a child was killed by one of its machines. Bluntly, I prefer a long walk in the good old outdoors. And it’s free…

DeliverooAt the other end of the scale, Deliveroo is booming. Orders rose 70% in Q4 to £6.63b. However, Q4 was quite special in that a new lockdown meant many cancelled restaurant bookings with customers immediately turning to a takeaway as a substitute. Could it be the next NETFLIX or Peloton when customers are freed from their house arrest and can return to dining out again? The Holway family certainly will.

Deliveroo has had a rough ride as a public company with its shares now under half their IPO price in March 21. But they now have 180,000 riders servicing 148,000 restaurants and 11,000 grocery sites  in 12counries.

C-19 changed the fortunes of so many businesses – some to the good, some for worse. How many of the ‘C-19 Stars’ will continue to shine as the world moves out of the pandemic stage and learn to live with it’ as we have learned to live with flu?

Posted by: Richard Holway at 08:56

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Friday 21 January 2022

*UKHotViewsExtra* HMRC’s RCDTS closes in face of multiple challenges

HMHMRC signage Revenue & Customs (HMRC) has announced that its arms-length in-house IT provider is to be disbanded. The department has stated that the move will help it to “take more control of IT strategy and estate”. Employees of the government-owned company will either be transferred into the department, becoming civil servants, or will go to a commercial provider via a TUPE arrangement. The roadmap will see the company close by the end of the Government’s fiscal year 2022/23.

UKHotViewsPremium logoIn PublicSectorViews’ latest UKHotViewsExtra, Chief Analyst, Georgina O’Toole has examined the history of the organisation, the reasons for its establishment, and the challenges it has faced while in existence. She also considers what this means for other Government organisations. If you are a TechMarketView subscriber, you can read HMRC’s RCDTS closes in face of multiple challenges now. If you are not sure how to access this research – or anything else from TechMarketView, please contact Deb Seth.

Posted by: HotViews Editor at 06:49

Tags: centralgovernment   skills   digital   public+sector  

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Friday 21 January 2022

LAST CHANCE TODAY to become an InterSystems Supply Chain Management partner.

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Posted by: HotViews Editor at 06:00

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