50th anniversary of Fujitsu VME
I recently took a trip up to University Academy 92 (UA92) in Manchester to join the 50th anniversary celebrations of Fujitsu’s VME (Virtual Machine Environment) mainframe operating system. VME was originally developed by a team at International Computers Ltd – better known as ICL – to run the 2900 Series mainframes. Throughout the 1980s, ICL […]
*HotViewsExtra* A New Approach to Regular Recurring Payments
I caught up recently with the folks at Atos with the topic of our conversation the vendor’s new open banking solution, Intelligent FlexiPayments. Facilitated by its a partnership with UK fintech, The Smart Request Company (trading as Ordo), Intelligent FlexiPayments provides an alternative to the somewhat prescriptive established methods for processing regular recurring payments. Established in […]
*UKHotViewsExtra* Ignitho targets UK market with Agentic AI
Ignitho Technologies specialises in AI-driven data engineering services, in particular providing businesses with Agentic AI, backed by 3rd party LLM’s, to boost productivity and reduce operational costs. The company is HQ’ed in Tampa, USA, despite its UK origins, yet is now starting to turn its focus towards the UK again, with Co-founder and Chief Commercial […]
Seeing Machines focuses on costs
AIM-listed, Seeing Machines Limited, the provider of AI-powered monitoring systems to improve transport safety, has published its latest annual results. The financials for the twelve months ended 30 June 2024 revealed healthy growth of 17% with revenue reaching $67.6m whilst losses doubled to $31m, due to weak royalty volumes and a slower-than-expected transition to the […]
Netcompany Group revenue up double-digits in Q3 despite UK setbacks
Denmark-headquartered IT consultancy Netcompany has announced its results for the third quarter of FY24 (ended 30th September 2024). Group revenue grew 10.4% year over year in constant currency to DKK 1,613.9m which, as in Q2 (see Netcompany up overall in Q2 despite UK public sector challenges), the company largely attributes to ongoing recovery in the […]
Kainos warns on FY25 profits
In a trading statement this morning, Kainos updated the market on its performance in the past weeks and its expectations for the full year (FY25). The Belfast-headquartered firm, which provides Workday products and services and other Digital Services, reiterated some of the points from its previous update on the 2nd September. Its Workday Products business […]
*UKHotViewsExtra* Microsoft Q125: AI continues to boost Cloud revenues
Microsoft posted a solid start to FY25 with its AI business on track to surpass an annual revenue run rate of $10 billion next quarter, which will make it the fastest business in the company’s history to reach this milestone. Revenue for Q1 FY25 was $65.6bn, up 16% yoy. Increased demand and growth in long-term […]
*UKHotViewsExtra* Autumn Budget: The TMV View
The first budget of the new Parliament saw Chancellor Rachel Reeves raise taxes by £40.1bn a year in 2028-29 to help deliver the government’s plans for economic stability and boost public investment. Entitled ‘Fixing the Foundations to Deliver Change’, the Office of Budget Responsibility (OBR) described it as “a scale of tax raising not seen […]
More Big Tech results. So far, still pretty good!
Yesterday I reported on Tesla and Alphabet/Google with the heading ‘So far, So good’ See Big Tech. Big Expectations. So far, So good. | TechMarketView Yesterday it was the turn of Microsoft and Meta Microsoft joined Tesla and Alphabet in beating expectations. Revenues were up 16% at $65.6b with profits up 11% at $24.7b. Microsoft […]
Sopra Steria reiterates wait-and-see stance from clients
Sopra Steria posted revenue of €1,357m in Q3 2024, up 0.9% yoy. This included a positive €87m impact from the consolidation of Benelux acquisition Ordina and a negative €76m impact from the disposal of Sopra Banking Software activities. Sopra Steria Group CEO Cyril Malargé reiterated the message from H1 that the European market overall was […]