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Redcentric closes robust first half
Results from data centre and Managed Services Provider (MSP), Redcentric, show the firm increased revenue by 5.8% to £86.8m in the six months to end September. The adjusted EBITDA margin expanded 3.3bps to 21.0%. Recurring revenue stood at c.90% of total revenue and grew 4.6%. There has been “significant improvement” in terms of profitability measures, […]
Cloud performance helps Sage grow 9% in FY25
SMB finance, HR and payroll software provider Sage has announced its results for FY24 (ended 30th September 2024), showing underlying revenue up 9% year-over-year to £2.3bn (underlying annualised recurring revenue was up 11%, also to £2.3bn – balanced between new and existing customers). EBITDA grew 16% to £622m (with EBITDA margin up 1.6 percentage points […]
Accenture expands GenAI powered cybersecurity service
Accenture has announced new services and capabilities to boost cyber resilience through the power of GenAI, deepfake protection and quantum-safe data security solutions. Cybersecurity continues to be one of Accenture’s top performing business areas, consistently posting very strong double digit growth with headcount in its cybersecurity practise growing by 30%+ in 2024 to more than […]
*UKHotViewsExtra* Policing reforms: Implications for tech suppliers
Speaking at the Association of Police and Crime Commissioners (APCC) and National Police Chiefs’ Council (NPCC) Partnership Summit the Home Secretary Yvette Cooper set out a new road map for policing reform across England and Wales. The changes announced align to Labour’s ‘Safer Streets’ mission to halve serious violent crime and raise confidence in the […]
Tech Mahindra joins the Agentic AI bandwagon
Tech Mahindra has announced the launch of TechM agentX – a suite of GenAI-powered solutions designed to drive intelligent automation. The solutions will address inefficiencies in traditional operations, enabling enterprises to achieve enhanced productivity, scalability, and user experience through automating complex business, IT, and data tasks, improving productivity by up to 70% according to the […]
Temenos deploys banking GenAI solutions via NVIDIA
Banking technology specialist, Temenos, has announced a new collaboration with NVIDIA that will see the Swiss vendor deploy a range of new, vertical specific, generative AI (GenAI) solutions designed to help banks transform data into real-time insights. Temenos GenAI solutions will run on NVIDIA’s verified deployment architecture, enabling them to be distributed and deployed by […]
NECSWS secures Irish newborn hearing screening deal
The Health Service Executive (HSE) has awarded NEC Care, part of NEC Software Solutions UK (NECSWS), with a contract to provide the National Universal Newborn Hearing Screening Programme (UNHSP) in Ireland. NEC has been providing the service, which is part of the HSE National Children’s Screening Service, since the programme’s inception in 2011. This contract […]
*NEW RESEARCH* UK Health Suppliers, Trends & Forecasts 2024
*NEW RESEARCH* UK Financial Markets SITS Trends and Forecasts
A broad-based technology refresh is underway across UK Financial Markets with much of the focus of investment having shifted from “running the business” to “changing the business”. This is especially true within capital markets where AI, machine learning, proprietary algorithms, and automation are all increasingly influencing IT decision making. However, following a period of strong […]