TPXimpact: New CFO announced
In May this year, digital transformation services provider, TPXimpact, announced the retirement of CFO, Steve Winters. With a leaving date of 31st December 2024, the company has had plenty of time to seek out his replacement and plan a smooth transition. Today, we learn that we’ll be getting to know a new CFO from 1st […]
BT cuts outlook as transformation continues
UK telecoms giant, BT Group, has published its latest H1 results, highlighting a fall in revenue and profitability in the face of tougher market conditions. The financials for the six months ended 30 September reveal that revenue was down 3% to £10.1bn whilst pre-tax profit fell 10% to £967m. BT revised its FY25 revenue downward to […]
UK public sector specialist gets an offer it can’t refuse
London-based, public sector-centric digital consultancy, Solirius has been acquired by Reply SpA, a Turin-HQ’d global IT services firm. The purchase both boost’s the Italian company’s headcount in this country by c.11% to over 1500 personnel and lifts the annual revenue generated here by more than a fifth to around £300m. Terms of the deal have not […]
Conduent drops back in third quarter
Conduent continues to see quarterly revenue declines as it looks to resize in an effort to return to growth as a leaner sharper business. This has seen a spate of divestments (see Further divestment at Conduent) designed to reduce debt and ultimately improve cash conversion. During Q3 2024 Conduent completed the sale of its Casualty Claims […]
CGI FY24: financial strength to be active consolidator
Just this morning, we wrote about CGI winning a new deal with the Crown Prosecution Service (see CGI wins again at long-term client, CPS | TechMarketView). Of course, that win has come since the end of its last quarter (to end September 2024), but we have also written about numerous successes that fell within the […]
Omni acquires Infoshare to drive public sector expansion
UK-based venture capital firm Omni Partners has acquired data management specialists Infoshare. It has also purchased software assets from the Chartered Institute of Public Finance and Accountancy (CIPFA), which have been combined with Infoshare to create Infoshareplus. Terms of neither deal have been disclosed. Omni Partners was founded by Steven Clark in 2004 to manage […]
Infosys partners with Southwark Council on digital skills initiative
Infosys has announced a collaboration with Southwark Council to deploy its Springboard digital learning platform across the Borough. The move is in support of the Digital Inclusion pillar of the council’s three-year technology and digital strategy (designed to “empower its residents with the essential digital skills to navigate the digital landscape”, as well as roll […]
More of the same from Dotdigital
FY results out this morning from Dotdigital, show the UK-headquartered SaaS customer experience and data platform, continuing its growth trajectory with another set of positive results. Group revenue was up 14% to £79m (FY23 £69.2m) with organic growth up an impressive 9% in constant currency to £74.3m. September last year, Dotdigital added the £25m acquisition of Fresh Relevance to improve […]
DSIT trials GOV.UK AI Chatbot
The UK Government is beginning the next stage of testing the GOV.UK AI chatbot through providing advice to small businesses. The Department of Science, Innovation and Technology (DSIT) said that up to 15,000 people will be able to ask the GOV.UK Chatbot for advice on business rules and support, with the AI linked to 30 […]
CGI wins again at long-term client, CPS
CGI’s relationship with the Crown Prosecution Service can be traced back to 2001 (see Logica crowns CPS deal | TechMarketView) when the non-ministerial department decided to improve its handling of cases by reducing reliance on the physical file. Logica, as was, signed the COMPASS contract, with an initial focus on a new electronic case management […]