Raspberry Pi ends the year with a Super Santa Rally
Just before Christmas I presented my Annual Review of the Holway Portfolio for 2024. A 24% in the year (making it 808% since I started in 2010) wasn’t too sluggish! At that time Amazon was my 2024 #1 performer – up 48%. But since then Raspberry Pi has had a ‘Super Santa Rally’. IPOed at […]
Mindgard raises further $8m for AI security testing
London-based AI cybersecurity startup Mindgard has raised $8m in further funding led by .406 Ventures, the company intends to use the new funds to accelerate R&D and its expansion into the U.S. Mindgard was founded in 2022 by Dr Peter Garraghan, Steve Street and Dr Neeraj Suri, spun out of Lancaster University. The new funding builds on […]
Holway Portfolio 2024 update
Soon after we started TechMarketView in 2009 I also started the ‘Holway Portfolio’. Every December since 2010 I have reported on its progress (or otherwise!) As readers will know I stepped down as Chairman on 31st Aug 23. But I know, from feedback, that many followers have found the updates interesting/entertaining. So how is the […]
UKHotViews will be back on 2nd Jan!
As we come to the end of another year, we’d like to thank all our UKHotViews readers and our TechMarketView clients, partners and friends. Your support is hugely appreciated. We wish you all a wonderful Christmas and a Happy New Year. The team is taking a break over the festive period but will be back, […]
Infosys wins Oracle support contract at Liverpool John Moores University
Infosys has won a £2.9m contract with Liverpool John Moores University (LJMU) for support and development of the university’s Oracle-based applications. Its Student Information System (SIS) runs on Oracle’s PeopleSoft Campus Solutions; and ‘Staff Infobase’ (which underpins HR, Finance, and Procurement processes) uses Oracle E-Business suite R12.2. Both systems went live on Oracle in 2010, […]
AI cloud infrastructure supplier Vultr valued at $3.5bn
AI Infrastructure and data centre operator Vultr has raised $333m from investors including chipmaker AMD, valuing the company at $3.5bn, a significant amount considering it is the company’s first round of external funding. Vultr is seeking to capitalise on the demand for AI infrastructure, offering an alternative to the ‘hyperscalers’ Microsoft, Google Cloud and AWS. […]
Accenture lifts full year guidance
The uptick momentum reported by Accenture for the final quarter of FY24 (see here) has continued and gathered pace during Q125. Company revenue for the three months ended 30th November increased by 8% yoy at constant currency to $17.7bn. GAAP operating margin of 16.7% for the period was flat against the adjusted Q124 number. The […]
Serco improves profits on declining revenue
Public Sector business process specialist Serco issued its annual pre-Christmas year end trading update this morning, which as expected outlined improved profitability on declining revenues. In numbers this equates to expected revenue of around £4.8bn for 2024, which would represent a -2% decline on 2023’s £4.9bn, and an organic decline of -3%. The reduction is […]
Perplexity’s valuation soars to $9bn
The fourth funding round this year by AI-driven search engine startup, Perplexity AI has valued the fledgling business at an eyewatering $9bn. This represents both more than a nine-fold increase in the company’s worth since last January a tripling of the valuation placed on it the summer. Led by Institutional Venture Partners, with involvement from […]
ICYMI: Totally Sust podcast “Using AI to better understand climate policy data”
Does your company have access to SustainabilityViews? If so, you can listen to this fascinating podcast from earlier in the year, hosted by our own Craig Wentworth. In a world drowning in climate policy documents – where a single policy can span thousands of pages – Climate Policy Radar (CPR) is revolutionising how governments, researchers, […]