Feb 04, 2015, by Rachael Stormonth
Overall IBM Group revenues in 2014 declined 6% (-1% in CC and excluding divestitures).
However, IBM is in the midst of a major adjustment of its portfolio. In line with this, the company is reporting $25bn in revenues (and 16% revenue growth) in 2014 (out of a total of $92.8bn) from its "strategic imperatives". IBM's acquisition of Softlayer, where it continues to invest strongly,[...]
Dec 19, 2014, by Rachael Stormonth
In the early hours of this morning, Atos announced it is acquiring the IT outsourcing business of Xerox. Full details of the acquisition are here.
Atos is ending 2014 with a bang. Having completed the integration of Siemens IT Solutions & Services pretty darned quickly (certainly far faster and more effectively than naysayers would have predicted), it has proceeded this year to the car[...]
Nov 18, 2014, by Rachael Stormonth
In September we wrote an event note following Infosys European analyst meet on the principal message in the keynote address by new CEO Dr. Sikka “Renew the core business, innovate into new businesses” (see here).
Earlier this month we attended Infosys’ U.S. analyst event and its Confluence customer meet in Orlando. Dr. Sikka was about 100 days into his role, and we were lookin[...]
Aug 28, 2014, by Rachael Stormonth
When you look at the financial performance of the four largest Indian oriented IT service providers (IOSPs) over the last four years, it becomes evident that there is a direct correlation between the level of topline growth they achieve and their expenditure on sales and marketing (S&M)…with EBIT margins benefiting from the strong topline growth.
Let’s look at a few data points[...]
May 02, 2014, by Rachael Stormonth
NTT DATA Moves Away from Holding Company Approach to Be More Region-Centric as it Pursues International Growth
NTT DATA Inc. recently held its first ever analyst day in Boston.
For those readers who may not be fully up to date of where NTT DATA Inc. fits into the NTT DATA organization: NTT DATA Inc. is the North American subsidiary of Japanese-headquartered NTT DATA, the largest IT services [...]
Feb 17, 2014, by Rachael Stormonth
Capita has been awarded a nine-year, £325m framework contract to deliver the Scottish Wide Area Network (SWAN), a single public services network (PSN) for the use of all public service organizations within Scotland. Capita will be delivering the services in partnership with Updata.
Around £110m of Capita's revenues will come from four clients that have already signed u[...]
Jan 10, 2014, by Rachael Stormonth
There are clear positives to this quarter’s results from Infosys, and its share price certainly picked up (is now the highest since March 2012), though it continues to look to address a number of challenges, some of which are company-specific issues.
This is the third quarter of improved topline growth. Management has raised revenue guidance for full FY 2014 to growth of 11.5-12% (up from[...]
Dec 16, 2013, by Rachael Stormonth
NelsonHall recently attended an event hosted by Capgemini Brazil. We were keen to find out about developments in the three and a half years since Capgemini acquired a 61% stake in CPM Braxis, at the time something of a scoop. The acquired capability provided Capgemini with a significant presence in the attractive domestic market of Brazil. But it was dilutive on margins, and management expected th[...]
Oct 31, 2013, by Rachael Stormonth
Accenture has announced its intention to acquire PCO Innovation, a consulting and systems integration group specializing in PLM software.
PCO Innovation offers PLM strategy and process consultancy, application architecture, system implementation, data migration and application management. It specializes in PLM platforms including Dssault Systèmes, PTC and Siemens PLM.
Today’s an[...]
Oct 22, 2013, by Rachael Stormonth
Wipro published its Q2 FY 2014 results today: full details are available to NelsonHall database or Key Vendor Assessment program subscribers here http://research.nelson-hall.com/search/?avpage-views=article&searchid=3481&id=201189&fv=2.
There are some clear positives in Wipro’s performance this quarter:
Revenue just topped prior guidance ($1,620-$1,630m), [...]