Royal Navy trials cold atom Quantum tech
The Royal Navy has tested ‘cold atom’ technology developed by Southampton quantum startup Aquark for use in covert monitoring at sea. The trial was conducted by the UK startup and the Office of the Chief of Technology Officer (OCTO) for the Royal Navy on its HMS Pursuer vessel. UK Quantum startup Aquark Technologies is a […]
AWS Q3 underlines meteoric AI growth
Following on from our high level coverage of Amazon’s Q3, see Last Big Tech results, we dug into the webcast hosted by CEO, Andy Jassy. In the AWS segment, net sales increased 19% to $27.45bn for the three months to end September 2024, while operating income leapt 50% to $10.44bn – producing a margin of […]
Access Group drives US expansion with Paytronix acquisition
The Access Group has announced it has entered an agreement to acquire US-based Paytronix. Although terms have not been disclosed, it represents its largest acquisition to date. Paytronix provides digital customer engagement solutions for restaurants, convenience stores and retail chains. It was founded by Andrew Robbins and Matt d’Arbeloff in 2001 and is based in […]
*HotViewsExtra* FD Technologies looks to the future
I caught up recently with Seamus Keating (pictured below), the CEO of Newry based, FD Technologies. The main topic of our conversation was the company’s decision to restructure by completing its second major divestment in six months and its plans for the future with FD Technologies looking to go it alone, as a pure play provider […]
Cognizant feels the benefit of improving health
Strong demand from the Health Services sector supported a top end of revenue guidance performance for Cognizant in Q324. Further boosted by the completion of the Belcan acquisition in August, company turnover for the three months ended 30th September increased by 2.7% yoy at constant currency to $5bn. Underlying organic growth for the period was […]
Autumn Budget: TechMarketView’s analysis
On Wednesday, Rachel Reeves delivered the first ever Budget by a female Chancellor. Her plans will see taxes rise by £40.1bn a year in 2028-29 to help deliver the government’s plans for economic stability and boost public investment. TechMarketView clients, including UKHotViews Premium subscribers, can read our initial observations of the implications for the UK tech […]
TCS to support Ireland’s new auto-enrolment pension scheme
TCS’s platform approach to Life and Pensions (via its BaNCS platform) is the gift that keeps on giving. Leveraging its experience of setting up and running the UK’s National Employment Savings Trust (NEST) see – TCS flies back into the Nest, it has won a large scale 15-year deal to deliver Ireland’s new auto-enrolment pension […]
Last Big Tech results
All beat expectations but… So far, we have had quarterly results to 30th Sept 24 from four of the Big Tech companies: Tesla, Alphabet/Google, Microsoft and Meta. They all exceeded expectations. Initially they all got rewarded with share price boosts. But that ended yesterday with all those players down. Tesla by 3%, Alphabet by 2%, […]
Hitachi Digital Services expands relationship with Mitchells & Butlers
Hitachi Digital Services continues to progress in the UK announcing a new two-year digital partnership with Mitchells & Butlers to manage digital engagement across its 17 High Street Brands. M&B operates over 1,700 pubs, bars and restaurants in the UK across a portfolio of brands including Harvester, Toby Carvery, All Bar One, Vintage Inns, Browns, O’Neill’s […]
Access Group snaps up HireAra
The Access Group has acquired recruitment platform start-up HireAra. The terms of the deal have not been disclosed. The London-based business was founded in 2022 after spinning out from intelligent automation company DigiBlu. It raised £450k in a seed round at the start of 2024, which included participation from recruitment technology investors and a group […]