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Bytes Technology Group has turned in some impressive numbers for its FY25 (12 months to end February 2025).
Gross Invoiced Income (GII, a key measure for resellers) broke through the £2bn barrier on the back of growth of over 15% to hit £2.09bn. Revenue was up 4.9% to £217.1m, with gross profit growing faster at 12% (to £163.3m). Indeed, Bytes has doubled gross profit and operating profit over the past five years.
Despite this, the company saw its share price dip c.5.0% at time of writing.
We caught up with CEO, Sam Mudd, first thing this morning. She told us that “staff have been incredible in this tough and challenging macroeconomic environment”. Of its c.1,200 employees, around 300 are technically aligned and focused on helping clients understand and adopt new technologies. Mudd adds that the firm has built up “huge capability” around software licensing with experts able to get under the skin of the intricacies of buying/usuage strategies.
In terms of AI, Mudd says Bytes goes at the pace of its customers, recognising that they are all moving at different speeds in their journey. “We focus on understanding their destination while working on an approach that is aligned by vertical.” She says this is enabling the firm to cross-fertilise knowledge and ideas between industries. “It's way beyond a technology decision – particularly with Agentic AI, which requires looking at fundamental business processes.”
In the current FY, the firm is looking to deliver another year of double-digit gross profit growth and high single-digit operating profit growth.
Posted by: Kate Hanaghan at 10:00
Tags:
results
RM has secured a long-term extension to its contract with the South Australian Certificate of Education (SACE) Board. The deal follows shortly after the Abingdon-headquartered edtech provider announced it had been selected by IEA to provide the digital platform for the next iteration of the Trends in International Mathematics and Science Study (see RM extends partnership for international maths and science assessment).
The SACE Board is an independent statutory authority of the South Australian Government. It provides the SACE, an internationally recognised secondary school qualification, to schools in South Australia and also assesses the achievements of students in the Northern Territory and at centres across Asia. Last year 16,086 students completed the SACE.
RM has been working with the organisation since 2018, helping SACE transition to a digital-first approach. This includes switching to fully digital examinations, which was intended to provide a more authentic and relevant assessment experience for students. In 2022, the first examinations moved to a fully digital format without any paper-based resources, and it now provides fully on-screen examinations across 15 subjects.
The new deal will extend the partnership between RM and the SACE Board out to 2032, with the focus being on transitioning additional subjects to on-screen delivery, including maths, science, geography and music. It provides further evidence that RM's Global Accreditation Platform strategy is progressing well (see Digital assessment drives international opportunities for RM).
Posted by: Dale Peters at 09:41
Tags:
education
schools
assessment
edtech
Australia
digital+transformation
AI has quickly established itself as a key part of the technology stack for enterprises, with varied use cases spanning every industry. Each week we continue to see more example of how British businesses are turning to AI to drive operational efficiencies or enhance their customer experience. The latest such moves come from retailer JD Sports and airline operator British Airways.
JD Sports Fashion, part of retail group JD Sports, which operates online and across more than 970 stores in the U.K., has announced it is partnering with supply chain software supplier o9 to implemented AI in an effort to transform its assortment planning operation. JD Sports is looking to leverage o9’s AI-powered platform with the aim of becoming more data driven, automated, and agile. It will be implemented across JD Sports Fashion, Size?, and HIP brands.
“In today’s ever changing business environment, building an agile customer offering tailored to local needs, that is delivered with speed and efficiency, is critical to keeping a competitive edge,” says Wim van Aalst, Chief Supply Chain Officer, JD Sports Fashion.
Elsewhere, the FT reports that British Airways is also turning to AI to help significantly cut the number of cancellations and delays at the airline, which is fighting to restore its reputation following years of operational problems. Back in March, the airline unveiled a $7bn modernisation programme that will see hundreds of systems migrated to the cloud, and the deployment of AI and air to ground customer service. The airline previously said it would be investing £100m in machine learning, automation and AI across its operations.
In the first quarter, 86% of BA’s flights from Heathrow departed on time, according to data from the airline, which it said was its best performance on record. BA had been grappling with a rising number of disrupted flights since the end of the pandemic, particularly from its London hub at Heathrow airport.
The airlines new AI software includes a tool which calculates how to respond to disruption so that it affects the lowest number of customers possible, such as whether to delay a flight, or cancel it and rebook people on to the next plane. Other tools include a programme which proactively reroutes planes to avoid areas of poor weather, and another which crunches the onward travel plans of passengers to send aircraft to the most convenient stand at Heathrow airport.
Posted by: Simon Baxter at 09:31
Tags:
retail
transportation
Idox has acquired Trojan Consultants (which trades as Plianz), a provider of social care software, for £7.65m (increasing to £7.9m, contingent upon achieving revenue targets within 12 months). Plianz reported c.£2.5m in revenue in FY25 (ended 31st March 2025), of which c.90% was recurring, with adjusted EBITDA margins of c.25%.
A provider of process automation software for local authorities, the Plianz brand was established a year ago by Astuta software group, consolidating its then recent acquisitions AI-driven comms platform specialist Inform Communications and public sector financial management software supplier Trojan Consultants (which it had acquired in 2019).
With a focus on financial management of money and estates for vulnerable people, Idox views Plianz’ products as complementing its existing social care business (Idox’ Land, Property & Public Protection division was, once again, the primary growth driver in the company’s FY24 results, see Idox up 20% in FY24) – with scope for expanding Plianz’ market reach as well as growing Idox’ customer base in social care.
Posted by: Craig Wentworth at 09:24
Tags:
acquisition
social care
process automation
Defence giant Leonardo recently announced a multi-year partnership with leading Applied AI company Faculty.ai (see £30m for 'applied AI' Faculty), signalling a strategic shift in how the defence prime engages with scale-up businesses in the UK. As the first collaboration under Leonardo UK's new SME Partner Programme, this UK-to-UK alliance represents more than a typical vendor relationship.
Leonardo's newly created SME Partner Programme is run in conjunction with Form1 (Form1 launches new scale up offer) who are enabling the firm to establish strategic partnerships with innovative SMEs. The Leonardo/Faculty partnership looks like a good fit. Leonardo brings defence domain expertise, and develops the sensor and effector systems that collect and emit data in defence environments, while Faculty is a leader in turning that data into deployable software applications, leaning on experience across hundreds of successful custom AI projects. The businesses have said they will focus on accelerating development in domains such as autonomy, signal processing, navigation, and data fusion. Leonardo will also provide Faculty with additional support, such as access to testing equipment, data, and secure facilities, as well as sponsoring multiple Faculty Fellowships, which will see PhD students joining Leonardo to support on a diverse range of projects
This collaboration emerges against a backdrop of increased prioritisation of AI in defence, as evidenced by the UK's Defence AI Strategy and the establishment of the Defence AI Centre. It also addresses growing concerns about sovereign technology capabilities and reduced dependence on US defence technologies. Unlike traditional transactional arrangements in defence, where SMEs have minimal customer exposure, this programme enables direct engagement between Faculty and end customers.
The partnership builds on previous successful Faculty projects in electronic warfare and aims to "take AI out of the lab" and deliver capabilities "at pace" – suggesting a maturation in defence AI applications toward field-ready systems. This model appears to be the first in a series, with Leonardo reportedly developing similar partnerships with other specialist software and hardware companies. If successful, this approach could become a template for how defence primes use specialised technology partners while providing smaller companies more equitable participation in the defence industrial base.
As NATO defence budgets increase in response to global threats, partnerships that rapidly convert technological advantages into operational capabilities will likely prove increasingly valuable. The traditional model of primes maintaining transactional relationships with smaller technology vendors is giving way to more collaborative ecosystems that emphasise joint market development and product creation. By establishing a dedicated partnership management function and committing to sponsoring Faculty Fellowships, Leonardo is making a substantial organisational investment beyond typical vendor arrangements.
Posted by: Marc Hardwick at 09:02
Tags:
partnerships
Virgin Media O2 and Daisy Group are set to merge their B2B operations in a significant move within the UK’s communications and IT sector. The new company, which will combine nearly all of Virgin Media O2 Business and Daisy Group’s operations, is expected to generate annual revenues of around £1.4bn. Virgin Media O2 will hold a majority stake, while Daisy Group retains 30%.
The new entity will be chaired by Daisy’s founder Matthew Riley, with Jo Bertram of Virgin Media O2 Business taking the role of CEO. Initially, both companies will continue to operate under their current brand identities and from their existing locations. The combined firm will cater to a broad spectrum of UK businesses, from small firms to large enterprises and public sector bodies.
Daisy Group, founded in 2001 by Riley, has grown into one of the UK’s largest independent communications companies. It has built a strong presence through organic expansion and multiple acquisitions, providing cloud, IT and telecoms services. The move follows a merger in 2024 with Wavenet, a company primarily owned by Australian financial giant Macquarie, which separated Daisy Corporate Services from the group and integrated it into Wavenet (See - Wavenet and Daisy Corporate Services to merge).
The combined VMO2 and Daisy Group business is projected to deliver operational synergies valued at £600m, largely through cost reductions, IT system integration, and efficiencies from Virgin Media O2’s fibre and mobile networks. While the deal promises new service offerings including IoT, private 5G networks, and AI-driven tools like O2 Motion, consolidation often comes with the risk of job redundancies due to overlapping roles and infrastructure.
Posted by: Simon Baxter at 08:58
Tags:
telco
In line with the trading update issued at the end of February, retail SaaS specialist, itim Group plc delivered a materially better than previously expected performance in FY24. Company revenue for the twelve months ended 31st December increased by 11% yoy to £17.9m and the period saw the business return to profitability. itim’s adjusted EBITDA rose by 260% yoy to convert the £0.9m loss in 2023 into a £0.2m profit last year. This improved financial performance helped to lift the year-end cash balance of £3.8m (FY23: £1.9m).
There were a number of notable sales successes during FY24 for the company’s Unify omni-channel retail platform, users of which include Waitrose & Partners, Holland & Barrett and Argos. itim signed a five-year multi-million-pound contract with Assaí Atacadista, Brazil's largest wholesaler, and the company secured a five-year contract extension with toy retailer The Entertainer. The SaaS provider also renewed its long-standing partnership with Majestic Wine, the UK's largest specialist wine retailer, for another five years.
These wins did not, however, drive any increase in itim’s annual recurring revenue. This metric slipped by 1.5% yoy to £13m. The improvement in the company’s FY24 top line came instead from a 34% jump in project related turnover which, while welcome in the immediate term, carries a degree of additional risk going forward in a sector facing growing headwinds. itim also remains heavily dependent on two customers which last year accounted for c.35% of total revenue (FY23: 33%).
Despite the challenges in the retail sector both domestically, where itim generates 70% of its sales, and globally, the company remains upbeat on its longer-term prospects. The pipeline of new customers is reported as strong and itim believes that it is well positioned to benefit from the pressing needs in its target vertical to drive significant, rapid improvements in productivity. Investors appear less confident. At the time of writing, itim’s share price was down almost 9% on latest nights close post the publication of the FY24 results.
Posted by: Duncan Aitchison at 08:34
Tags:
results
saas
retail
Posted by: HotViews Editor at 07:00
Results from a recent NHS Providers survey reveal the scale of the digital transformation challenges facing NHS trusts. The results call into doubt the UK government’s ability to deliver its three big shifts in the NHS: from hospital to community, sickness to prevention, and analogue to digital.
The survey was conducted at a time when Integrated Care Boards are being told to reduce their running costs by 50 per cent by Q3 2025-26 and trusts have been told to cut “corporate services” budgets back to pre-pandemic levels. It received responses from 160 executives across 114 different trusts.
When asked if trusts and systems have sufficient funding have sufficient funding to invest in digital transformation, 81% of respondents said they disagreed (30%) or strongly disagreed (51%). Just 7% agreed and 1% strongly agreed to the statement (9% were unsure and 2% didn’t know).
The shift from sickness to prevention is also at risk, with 88% of respondents stating that they disagreed (42%) or strongly disagreed (46%) that trusts and systems have sufficient funding to invest in prevention and help manage future demand growth. Only 12% of respondents were confident they have sufficient access to capital to deliver a positive environment for staff, patients and service users.
Nearly half (47%) of respondents said they were scaling back service provision to deliver their financial plans this year, with a further 43% stating that this was currently under consideration. Virtual wards—a key component in the shift from hospital to community-based care—were identified by NHS Providers as one of the services most at risk. A significant proportion of respondents (26%) said that some services would need to be closed, with a further 55% stating that this was currently being considered.
Digital initiatives are also likely to be impacted by staffing cuts and recruitment freezes. The vast majority (86%) of respondents said they will have to cut substantive non-clinical posts, and over a third (37%) said their organisation will cut substantive clinical posts. Most respondents (85%) said a recruitment freeze was currently being considered. NHS Providers reported that several trusts are aiming to remove 500 posts or more, with one planning to cut around 1,000 jobs.
NHS organisations are still focusing on recovering core services and productivity following the pandemic, whilst responding to demands to reduce running costs. They are also dealing with the uncertainty created by the abolition of NHS England (see Tech implications of abolishing NHS England) and the wait for the publication of the 10 Year Health Plan and Spending Review 2025.
Despite these challenges and the reported lack of funding to invest in digital transformation, digital, data and technology (particularly artificial intelligence) remains at the heart of the government’s plans for the NHS. Although NHS organisations have been tasked with making full use of digital tools to drive the shift from analogue to digital, they face many competing priorities and will look towards those suppliers whose solutions can demonstrably reduce costs and boost productivity.
Posted by: Dale Peters at 09:54
Tags:
nhs
strategy
funding
health
survey
healtcare
digital+transformation
London HQ’ed startup Doubleword (previously known as TitanML), which provides a self-hosted inference platform for enterprises, has raised $12m in further funding. The round was led by Dawn Capital with participation from K5 Global, Hugging Face CEO Clément Delangue and Dataiku CEO Florian Douetteau.
Founded in 2023 by Meryem Arik, CEO, Jamie Dborin, CSO, and Fergus Finn, CTO, Doubleword has developed an enterprise AI model platform that enables one-click deployment of AI models across any environment, allowing teams to focus on building AI-powered products instead of managing DevOps. It is already used by firms such as AWS, Intel, Google Cloud, Nvidia and Meta.
In a blog post the company recently provided an update on the new name change, as well as how the business has changed since launch.
“Why ‘Doubleword’? In computing, a doubleword is a standard unit of data - but, for us it also captures a bigger shift. Words are the new interface to intelligence — but under the hood, it’s all bits, bytes, words, and doublewords. We take care of the technical complexity so our customers can access powerful AI with simple, natural language”
CEO Arik noted that when they founded TitanML, the AI world revolved around training - cost, infrastructure, breakthroughs. The company made a different bet, that inference, not training, would become the critical bottleneck to AI’s impact. Over the last few years this has taken the business from a small team of physicists solving tough research problems to a product-focused company helping enterprises simplify and scale self-hosted inference.
The Doubleword platform allows companies that are developing AI models to deploy on any hardware, with no vendor lock in. It allows one click deployment of any open-source, domain-specific, or custom Al model. The platform also acts as a unified control layer for model deployments, with a single pane of glass providing analytics into infrastructure and workload usage across cloud and on-premise environments.
It is a somewhat niche platform, given many companies are deploying AI models utilising platforms like OpenAI enterprise or off the shelf 3rd party software. That said the companies who are building and deploying AI models at scale, like the hyperscalers and those with a budget big enough to build from scratch, are surely going go find great value in a tool that can drive even minor efficiencies, with the cost of inference only going to be a rising issue for many organisations.
Posted by: Simon Baxter at 09:41
The UK government is set to roll out passkey technology for its digital services later this year as an alternative to the current SMS-based verification system, offering a more secure and cost-effective solution that could save several million pounds annually.
Passkeys are unique digital keys that are today tied to specific devices, such as a phone or a laptop, that help users log in safely without needing an additional text message or other code. When a user logs in to a website or app, their device uses this digital key to prove the user’s identity without needing to send a code to a secondary device or to receive user input. We recently covered the rising growth of passkey technology in our coverage of password manager and identity and access solution provider, 1Password (See - 1Password expands in the UK targeting SMBs).
The passkey method is more secure because the key remains stored on the device and cannot be easily intercepted or stolen, making them phishing-resistant by design. As a result, even if someone attempts to steal a password or intercept a code, they would be unable to gain access without the physical device that contains the passkey. With so many breaches relying on phishing and social engineering, hardening this route of attack could represent a significant boost in security for public sector (and private) organisations.
The NCSC considers passkey adoption as vital for transforming cyber resilience at a national scale, and the UK is already leading internationally with the NHS becoming one of the first government organisations in the world to offer passkeys to users. In addition to enhanced security and cost savings, passkeys offer users a faster login experience, saving approximately one minute per login when compared to entering a username, password, and SMS code.
Posted by: Simon Baxter at 09:30
Capita has secured another three-year extension to continue delivering Primary Care Support England (PCSE) services for NHS England starting September 2025 (last extended back in 2022 see here). The deal includes an initial 18-month period worth £82.5m, followed by an 18-month transition assistance phase (from NHS England to its successor body).
The extension builds on Capita's decade-long relationship with NHS England, during which the company has digitised services through its PCSE online portal. This platform has helped digitise previously paper-based systems, allowing primary care practitioners to order supplies, track medical records, access pension information, and process payments electronically.
PCSE is one of Capita’s largest and most important contracts in a sector that remains immature from a BPS perspective with health organisations often reluctant outsourcers. The renewal reflects service modernisation efforts, which have standardised admin processes nationally and moved away from paper-based services. With NHS England now scheduled to be abolished we await what happens to this contract beyond the latest renewal. TMV subscribers can read our take on the Tech implications of abolishing NHS England here.
Posted by: Marc Hardwick at 09:17
Tags:
contract
bps
Posted by: HotViews Editor at 07:00
ServiceNow has made its second AI-related acquisition of the year (after the purchase of Moveworks, announced in March – see ServiceNow acquires Moveworks for $2.9bn). The company has now signed a definitive agreement to acquire cloud-native enterprise data catalogue and governance platform provider (and Certified B Corp) data.world. Financial terms have not been disclosed.
data.world’s platform aims to “bring data producers and data consumers together to build a culture of data at their organisations”, focusing on simplifying the processes of data discovery, governance, and analysis. The company’s client roster is varied, counting Associated Press, the publisher Penguin Random House, logistics real estate company Prologis, and global satellite operator Eutelsat OneWeb amongst its customers.
ServiceNow’s move is designed to further strengthen its AI platform and expand the capabilities of Workflow Data Fabric – enabling customers to enrich data with “meaning, context, and relationships” to help organise it… and thus improve the effectiveness of the AI agents and workflows that rely upon it.
Posted by: Craig Wentworth at 10:02
Tags:
acquisition
platform
Much noise has been made in the media following the announcement of the US-UK trade deal yesterday.
However, what we're witnessing is not the comprehensive trade deal initially proclaimed, but rather a limited relief measure from Trump's broader protectionist agenda. 
TechMarketView’s analysis anticipated precisely this scenario – selective tariff reductions targeting specific industries such as automotive, while leaving the fundamental uncertainty of Trump's 'Liberation Day' approach to global trade intact.
For the UK tech market, this mixed outcome suggests continued caution is warranted. The relief for Jaguar Land Rover exports represents a partial win for one of our most vulnerable sectors but falls far short of addressing the broader economic vulnerability we identified. The divergent political reactions highlight the reality: this is not a transformative agreement but a temporary accommodation that leaves UK businesses and technology investors still navigating significant trade uncertainty.
Tech providers should continue preparing clients for a trading environment characterised by unpredictability, with investment strategies focused on supply chain flexibility, geographic diversification, and rapid adaptability. The full economic and technological impact will only become clear when the wider tariff picture settles down. From a UK plc perspective, our trade "deal" is a bit of a side show. Without positive movement on the US-China position little has materially changed.
Read more background analysis here: US tariffs on UK: Tech investment implications.
Posted by: Georgina O'Toole at 10:00
Tags:
tariffs
trade
macroeconomics
FY25 results released by Kyndryl yesterday illustrate its ongoing progression along its stated evolutionary path.
Notably, we saw revenue from Consult grow 26% in the year and the continuation of its pivot away from lower margin historic deals. Indeed, under the firm’s “Accounts” initiative (one of its Three As), Kyndryl has moved away from contracts with “substandard margins” to the tune of $900m in annualised benefits – ahead of its $850m target for FY25.
The impact of this on the fiscal figures is clear to see. FY25 revenue was down 4% (constant currency) to $15.1bn, while pretax income was $435m – a swing from the pretax loss of $168m in the prior year.
Also worthy of note are the benefits that Kyndryl’s Bridge AI delivery platform has driven. That too is generating cost savings, which the firm says are in the region of $775m in annualised savings as of year-end – again, ahead of the target ($750m). Profit is expected to improve further in the current year (FY26), based on an assumption of (just) 1% in revenue growth.
We ran an assessment on Kyndryl in the UK for TechMarketView’s latest Market Readiness Index, which helps senior tech buyers understand the ability of suppliers to deliver AI transformation. How did the company fare, what should customers take away from this, and what does this mean for suppliers playing in the same fields?
Find out here: Market Readiness Index: The Road to AI Part 2.
Posted by: Kate Hanaghan at 09:50
Tags:
results
margin
The UK government’s preparedness for cyberattacks is dangerously inadequate, according to a new report from the Public Accounts Committee (PAC). Despite growing threats from hostile states and cybercriminals, Whitehall’s cyber defences have failed to evolve at the required pace, with department funding and decision making not reflecting the urgency of the issue. The PAC warns that outdated IT infrastructure, staffing shortages, and poor leadership are severely undermining the nation’s digital resilience. Such warnings have also been echoed previously by the National Audit Office (NAO), which in January urged the UK government to act now to build its capabilities and defences against a rapidly increasing and evolving cyber threat (See - NAO: Government must act now to build cyber resilience).
Around 28% of the public sector’s IT estate consists of outdated 'legacy' systems, with 319 such systems identified by early 2025. Of these, a quarter are considered red rated (high-risk), yet the government lacks a full picture of how many legacy systems exist. This is not the first time that the lack of cyber resilience in central government has been called out. In data released last year, the MoD was reported to have weakest cybersecurity in Whitehall with 11 ‘red rated’ systems (See - MoD reported to have weakest cybersecurity in Whitehall).
The Cabinet Office, tasked with overseeing cyber security strategy, conceded to the PAC that the threat has outpaced the government’s response. While efforts are now being made to verify departments’ cyber resilience independently, initial findings have revealed deep vulnerabilities. The government's goal to secure critical functions by 2025, and wider public sector resilience by 2030, now seems out of reach without a fundamental shift in approach.
A major barrier remains talent recruitment. The government continues to struggle against the private sector in attracting cyber professionals, hindered by uncompetitive salaries and overreliance on costly contractors. One in three central government cyber roles is either vacant or filled by external hires. PAC Chair Sir Geoffrey Clifton-Brown MP stressed that meaningful transformation will require cyber expertise embedded at all leadership levels. Without urgent change and investment, the UK remains vulnerable to disruptive and potentially devastating cyberattacks on public infrastructure.
Posted by: Simon Baxter at 09:24
Taylor Wimpey, one of the largest home construction companies in the UK, has selected HCLTech as an end-to-end IT services partner. The new multi-year arrangement will see the offshore heavyweight provide a comprehensive suite of IT services to modernise the housebuilder’s IT landscape. The decision marks an extension of a relationship with HCLTech, which has been supporting the client’s infrastructure migration and data platform deployment programmes.
The scope of the broader collaboration, which will see HCLTech will set up a dedicated innovation lab for Taylor Wimpey to incubate new technology solutions, includes data services, AI capabilities, application and infrastructure management, network services, cybersecurity and workplace solutions. The two parties will work together to accelerate the client’s software development cycle to increase productivity, improve quality and enhance user experiences. HCLTech will also automate infrastructure and end-user services.
The win is a welcome boost for HCLTech for whom growth in Europe has been slowing in recent times. FY25, the twelve months ended 31st March, saw the company's rate of revenue increase in the region dip by 200 bps yoy to 3.5%.
Posted by: Duncan Aitchison at 08:29
Tags:
offshore
contract
digital
construction
NTT DATA reported solid FY2025 results just as parent company NTT announced plans to take the subsidiary private in a ¥2.37 trillion ($16.4bn) acquisition of the remaining 42.3% stake. The timing suggests NTT plans to capitalise on NTT DATA's (AI driven) growth trajectory. NTT DATA posted 6.2% net sales growth to ¥4.64 trillion and 4.6% operating profit increase to ¥323.9bn, with healthy 10% growth in its domestic Japanese market.
NTT DATA has positioned itself at the intersection of two high-growth markets: AI infrastructure and data centre expansion. It looks like parent NTT's consolidation is designed to support an acceleration of this pivot. For example, the plan to transfer six data center assets to a Singapore REIT suggests a shift toward asset-light operations while maintaining investments in next-generation technologies. Meanwhile, NTT DATA continues expanding its global footprint with major projects in Malaysia and India.
NTT DATA doesn’t split out its UK business in its published results. The UK is a key component of the EMEAL region which has prioritised growth in the UK, Germany, and Spain while investing in Digital BPS, CX, cloud transformation, data analytics, and generative AI services.
Taking NTT DATA private is the latest round in a series of corporate consolidations and restructuring of the group that has been going on for the last three years or so (see NTT and NTT DATA – moving forward together). Whilst its unlikely to change much in the day-to-day operations it may ultimately help provide greater longer term strategic clarity and alignment across the group outside the glare of public markets as the firm looks to capitalise on growing AI demand.
Posted by: Marc Hardwick at 08:17
Tags:
results
acquisition
IT+services
Posted by: HotViews Editor at 07:00
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