Slow going at Team Internet
AIM-listed internet domain name and online marketing services provider, Team Internet Group (formerly CentralNic) continues to grow, all be it at a much slower rate than we have been accustomed to seeing in recent years. Annual results for FY23 out in March saw the business expand revenue by 15% (13% organic) as the business continued to grow aggressively. Results out this […]
Atos actions agreement with French Government
A short and sweet market update from Atos confirms, as per the agreement reached on 26th June 2024, that Bull SA has issued a preferred share (action de préférence) for the benefit of the French state, with the intention of “protecting national interests in respect of certain activities carried out by the Atos Group” (see […]
UK government launches AI assurance platform
The UK government is launching a new AI assurance platform, which will provide a one-stop-shop for UK businesses to get information on the actions they can take to identify and mitigate the potential risks and harms posed by AI. The safe development and deployment of AI is central to the UK governments vision for AI […]
Genpact continues its return to form
Genpact increased its revenue guidance off the back of a strong set of Q3 results out yesterday afternoon, as the business continues to improve under newish President and CEO Balkrishan “BK” Kalra (see Improving picture at Genpact). Headline numbers show revenue in Q3 increasing 7% in constant currency to $1.21bn and where operating profit was […]
Fernandez highlights the positives as declines continue at DXC
DXC Technology has reported interim results for its current fiscal (FY25), reflecting revenue declines marginally higher than the same time last year, coupled with weaker profits. Total revenue for the six months ended 30 September 2024 was down 5.9% to $6.47bn (compared to a 5.4% fall in H1 24). Net Income fell sharply and was […]
*NEW RESEARCH* Managing the sustainable AI paradox
In trying to address their sustainability challenges while also exploring options for deploying AI, organisations need to face up to what we call the “sustainable AI paradox”. The AI models that crunch the data necessary to tackle sustainability problems and innovate service delivery also consume resources and generate carbon emissions due to their energy-intensive nature. […]
Kyndryl edges closer to quarterly growth
Second quarter commentary from Kyndryl reiterates its confidence that it is “well-positioned to deliver top-line growth” in Q4. Q2 revenue was -7.0% (constant currency) to $3.8bn, reflecting the ongoing shift away from low margin contracts. However, total signings leapt 132% over the comparable period last year to a “record” $5.6bn. Kyndryl’s execution against its strategic […]
*NEW PODCAST* Totally Sust #5: Sustainability intelligence & product impact scoring
The latest episode in TechMarketView’s series of Totally Sust podcasts sees SustainabilityViews’ lead analyst, Craig Wentworth, interview Bart Nollen (Co-Founder of Dayrize) and Helena Mansell-Stopher (Founder & CEO of Products of Change) about sustainability intelligence, product impact scoring, and how technology can help brands track, measure, and reduce their Scope 3 emissions – amongst other things. An edited […]
Walker returns to the DXC fold as Brady retires
Ahead of announcing its H1 results later today, DXC Technology has revealed another addition to its leadership team, (and another “returnee”) with the appointment of James Walker as Chief Administrative Officer. Most recently, Walker (pictured below) served as Vice President of Economics for IBM Cloud, where he led strategic initiatives focused on cost reduction, automation, […]
Triad delivers on growth promises in H1
Triad Group plc has delivered on its promises, achieving a much-improved financial performance in the first half of FY25. Results for the six months ended 30 September 2024 reveal revenue was up 60% to £10.21m (H1 2024: £6.39m), gross profit was £2.97m (H1 2024: £0.95m), resulting in a gross profit margin of 29.1% (H1 2024: […]