Google’s CEO Sundar Pichai claimed his outfit’s cloud business was in the position it is today due to the hard work by the company partners.
Google Cloud’s sales surged 45 percent year-on-year in the fourth quarter despite the public cloud giant making an operating loss.
Revenues for the fourth quarter of 2021 hit $5.5 billion for Google Cloud, parent company Alphabet’s results show, but it racked up losses of $890 million – cut from $1.2 billion compared with the fourth quarter of 2020.
Nuvias has announced an elite club of channel players called the Global Technology Distribution Council (GTDC).
The consortium members include Exclusive Networks, Exertis, Ingram Micro, Infinigate, CMS Distribution and Arrow Electronics are responsible for more than $150 billion of sales of products, services and solutions.
Nuvias is a $750 million company with offices across Europe, it claims.
The number of tech IPOs on the London Stock Exchange (LSE) raised a record £6.6 billion last year more than doubling the figure that was raised in 2020.
Last year saw 37 tech and consumer internet companies going public on the LSE last year out of of the 126 companies.
Figures from the Department of Digital, Culture, Media and Sport (DCMS) said the 37 tech IPOs compare with just eight in 2020, which raised £3.1 billion.
Digital minister Chris Philp said: “2021 was a brilliant year for UK tech and it’s great to see just how many companies have grown from start-up to scale-up, to finally becoming publicly listed businesses on the London markets.”
The UK government is warning companies and organisations to sort out their defences against potential Russian cyberattacks.
Moscow is massing military forces on the Ukrainian border and the UK has been hacking off Putin by pointing out that this is a bad idea. As result, it is expected that Russia’s hackers will start targeting business.
Britain’s National Cyber Security Centre has directed organisations to take action “in response to the malicious cyber incidents in and around Ukraine,” saying recent attacks are “similar to a pattern of Russian behaviour seen before in previous situations”.
HP has tipped Neil MacDonald to run its UK and Ireland channel business.
MacDonald has been with the HP business since 2011. He was the vendor’s consumer director for the UK and Ireland for almost five years before taking a new role in March 2020 as EU head of excellence for marketplaces and Amazon.
He will begin the new role today.
MacDonald will be responsible for go-to-market strategy and sales performance for HP’s print, personal systems, services and solutions business across the region, as well as leading the commercial, consumer and distribution sales teams along with the relationships with HP’s channel partners.
Citrix Systems is being acquired and taken private in an all-cash deal valued at $16.5 billion and will be combined with data integration and analysis software developer Tibco.
Citrix is being bought by Vista Equity Partners and Evergreen Coast Capital, the latter an affiliate of Elliott Investment Management. Tibco has been owned by Vista Equity Partners since 2014.
The deal has been unanimously approved by the Citrix board of directors and is expected to close by mid-year, subject to customary closing conditions, Citrix shareholder approval and regulatory approvals. Elliott Management and its affiliates, which own about 12 per cent of Citrix shares, will vote their shares in favour of the deal.
The Citrix-Tibco merger “will create one of the world’s largest software providers, serving 400,000 customers, including 98 per cent of the Fortune 500 with 100 million users in 100 countries”, the companies said in a statement.
Capita has sold off IT reseller and solutions provider Trustmarque to private equity firm One Equity Partners for £111 million.
For those not in the know, Trustmarque provides managed services and hardware re-sale and was first purchased by Capita in 2016 for £57 million.It has Microsoft, HPE, AWS, IBM, Dell among its vendor partners and had net reported revenue of £122 million in 2020, Capita said.
Capita has been selling off what it calls “non-core businesses” to strengthen its balance sheet and to achieve a target of £700 million of proceeds from disposals.
Arrow Electronics announced a new distribution agreement with VAST Data, a storage software infrastructure company.
Arrow will help accelerate the adoption of VAST Data’s high-performance Universal Storage platform by broadening its reach with key channel partners and markets across Europe.
Launched in 2019, VAST Data’s Universal Storage platform mixes software algorithms with new hardware and networking technologies to sort out AI big data analytics and provide fast data protection.
Intel has appointed Microsoft’s former general manager for worldwide partner sales to head up its own partner sales organisation.
Alyssa Fitzpatrick told her LinkedIn friends about her new role as the chip maker’s vice-president and general manager of global partner sales after six years with Microsoft.
Her responsibilities are listed as “leading the programmes, support, and end-to-end partner journey under the Intel Partner Alliance with a focus on ISVs, systems integrators and cloud partners”.
Tech Data has partnered up with MSI to distribute the solution provider’s range of gaming laptops.
Tech Data said the partnership has been designed to give retailers and webstores access to Tech Data’s strengths in stockholding, logistics, business development, as well as credit and financial services.
The distribution giant will work with MSI partners and aims to extend the vendor’s reach into the gaming and education markets through its network of partners across the UK.
Tech Data PC manager Jay Allen said the partnership will help drive growth for specialist retailers.
“MSI’s gaming laptops have a reputation for top performance, distinctive looks, quality, and reliability. It’s a fantastic addition to our portfolio and this agreement enables specialist retailer and webstore partners to take advantage of our exceptional distribution services and expert marketing and business development capabilities to support their growth ambitions.”
MSP IDE Group saw year-on-year revenue growth of 20 per cent, it has said in a trading update.
The figure is based on the company’s continuing business only, having undergone a dramatic change recently with the sale of its loss-making networking business to CloudCoCo for £250,000.
Plans to sell off its Connect unit were first announced during the release of the business’ 2020 results and a deal was later confirmed in October.
Datto said it is taking its time merging its newly acquired security outfit Infocyte into its operations.
Datto said it will be taking on all of Infocyte’s 27 employees and is “taking its time” with the integration of Infocyte’s technology into its own stack.
A number of Infocyte’s services are still in the market and Datto CEO Tim Weller said that other technology will start to be integrated into products that sit on top of Datto Remote Monitoring and Management (RMM) in the second half of this year.
The Northern Ireland Department of Finance is looking for a reseller to supply end-user devices, accessories and services as part of a £75 million framework.
It will be used by the Department of Finance and other public sector organisations. The contract is for an initial period of one year with four optional extension periods each consisting of another year.
Services listed under the framework include the supply of PCs, networking equipment, tablets and other hardware – as well as services like support, repairs and consultancy.
The award criteria is rated 70 to 30 in favour of cost over quality and the deadline for applications is 28 February.
IDC’s Future Enterprise Resiliency and Spending (FERS) report claims that enterprises are now taking cybersecurity procurement more seriously in an effort to try and stave off a business-threatening event.
The report said that those companies are transforming their business models from linear-based value chains to integrated ecosystems leveraging shared data and insights, applications, and operations.
It said that organisations need to adapt to disruptive trends by forming partnerships that “extend beyond their respective industries” to generate value, build resiliency, foster innovation, and anticipate threats and opportunities.
IDC Future of Industry Ecosystems & Product Innovation Strategies research VP, Jeffrey Hojlo said the industry was still in a version 1.0 phase of IT investment for the future of industry ecosystems with the future of industry ecosystems technology investments still at an early stage. This highlighted customer data management and systems integration as other key areas for investment.
Software King of the World, Microsoft, reported a revenue hike of 20 per cent in the second quarter of its fiscal 2022 financial results, earning revenues of $51.7 billion.
Operating income for the quarter ended December 31, 2021 saw double-digit growth of 24 percent to $22.2 billion.
The boost, which shocked the cocaine nose jobs of Wall Street, was due to a tremendous growth seen in its Microsoft Cloud business, which spiked 32 percent year on year to reach revenues of $22.1 billion.
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