Oct 19, 2015, by Rachael Stormonth
On October 14, the Xchanging board recommended a final cash offer by Capita of 160p per share. The offer, valuing Xchanging at ~£412m, represents a premium of ~44% to the closing price on October 2, 2015 (the last business day before the start of the offer period), 52% to the prior three-month average price and 64% to the one-month average price.
Capita states it believes the acquis[...]
Jul 22, 2015, by Gary Bragar
KPMG recently announced its intention to acquire Towers Watson's Human Resources Service Delivery (HRSD) practice to strengthen its global HR transformation capabilities, including Workday implementations. The acquisition is expected to close by end of Q3 2015.
This is a wise move, given the high growth rate of Workday. Although Workday does not break out its financial results between [...]
May 22, 2015, by Rachael Stormonth
HP Enterprise Services has announced Q2 FY 2015 results, for the period ending April 30, 2015:
Revenue was $4,817m, down 15.5% y/y, and down 10% in constant currency (CC), reflecting key account run off and weakness in EMEA
Segment earnings before taxes (EBT) were $194m, a margin of 4.0%, up 143 bps y/y.
Q2 FY 2015 revenue by service line (with y/y revenue growth) was:
[...]
Feb 09, 2015, by Rachael Stormonth
Accenture Federal Services (AFS) is to acquire Agilex Technologies, a privately-held provider of digital solutions for the U.S. federal government based in Chantilly, VA. Terms of the transaction were not disclosed.
The acquisition will enhance Accenture’s digital capabilities in analytics, cloud and mobility for federal agencies. It also will add agile delivery expertise. Agilex br[...]
Jan 28, 2015, by Dominique Raviart
This week NelsonHall held its quarterly IT outsourcing (ITO) Index webcast. We have conducted these calls for the last six years to monitor developments in ITO from a quantitative perspective. When we introduced the Index, ITO had largely moved from full outsourcing to a selective outsourcing approach, and Indian vendors were deploying their land and expand strategy with the occasional one-off meg[...]
Oct 30, 2014, by Dominique Raviart
This week NelsonHall held its quarterly IT outsourcing (ITO) Index webcast. We have conducted these calls for the last six years to monitor developments in ITO from a quantitative perspective. When we introduced the Index, ITO had largely moved from full outsourcing to a selective outsourcing approach, and Indian vendors were deploying their land and expand strategy with the occasional one-off meg[...]
Oct 10, 2014, by Dominique Raviart
As part of its Analyst Day, Unisys provided NelsonHall an update on its end-user computing services activities.
The company is aiming to enhance its end-user experience, de-emphasizing its traditional service desk approach and aiming to add alternative channels for connecting end-users and support personnel.
As part of this initiative, the company is spreading the usage of its Tech Caf&eacut[...]
Sep 30, 2014, by Andy Efstathiou
This week Wipro held its first analyst day in the U.S. in over 18 months. During this time, Wipro has conducted a strategic review of its approach to the market, and decided to change its method of engaging clients and prospects.
First CEO TK Kurien opened by describing Wipro’s view of the market:
Enterprises were created prior to the current digital era. As a[...]
Sep 18, 2014, by Andy Efstathiou
Visa has announced it is assessing whether to sell its investment in mobile payment software developer and transactions processor Monitise.
Visa formed an alliance with Monitise in 2009 to provide Visa with mobile platform development services. The agreement runs through 2016. As part of the agreement, Visa made a capital investment in Monitise and received 14.4% of the company's equity. Ov[...]
Aug 21, 2014, by Dominique Raviart
Wipro has updated NelsonHall on its ServiceNXT initiative. ServiceNXT aims to increase productivity in both IT infrastructure management and application management contracts. ServiceNXT is based on:
Usage of Wipro IP and recommended COTS tools across the client’s operation for various tasks including ITSM, change management, demand management, problem management
Analytics, based on d[...]
Aug 19, 2014, by Dominique Raviart
T-Systems recently updated NelsonHall on its virtual desktop service offering, Dynamic Workplace, its new brand name for Future Workplace, a virtual desktop offering introduced in 2013.
T-Systems Dynamic Workplace was introduced to address client needs for virtual desktop and mobility overall, based on a centralized approach to applications and data. T-Systems with this offering has taken sever[...]
Jul 24, 2014, by Rachael Stormonth
Wipro announced its Q1 FY 2015 results today (for full details see here:).
Bit of a mixed bag from Wipro this quarter, generally positive, but with a few areas where we would hope to see improve over the next few quarters.
Looking at overall topline performance, revenues were towards the higher end of prior guidance of $1,715m-$1,755m, and the 9.6% reported y/y growth was[...]