Tag: management

Smart buildings to generate fortunes

asus-buildingA report from IDC estimates that there’s so much interest in so-called smart buildings that spends will grow to $17.4 billion worldwide by 2019.

IDC said that although the market had been expected to blossom before now, it’s flowering pretty vigorously and will soon bear fruit.

Growth will be concentrated at first in North America, Europe and Asia Pacific, with people becoming a bit smarter themselves and realising that investing in the technology can save money.

Commercial buildings in particular are expected to grow more than domestic buildings and companies realise that such construction can save energy as well as create operational efficiencies, the report said.

In Europe, legislation driven by EU regulations is helping the market to burgeon.

Spending in 2014 was only $6.3 billion but that’s expected to rise at a compound annual growth rate (CAGR) of 22.6 percent, reaching $17.4 billion by 2019.

That figure, however, is only a small percentage of the whole construction market.

Hitachi Data Systems buys oXya

Clouds in Oxford: pic Mike MageeThe IT division of Hitachi said it is to buy oxYa.

The company is a provider of services for cloud and SAP products. The acquisition will be complete by the end of March and the 500 employees and the company will become a wholly owned subsidiary of Hitachi Data Systems (HDS).

HDS did not say how much it paid for the company, which has over 200,000 people using its SAP services.

The company said it will now be able to offer extended portfolio of cloud and managed services for its customers and the acquisition will help HDS to collaborate and deliver and management of large environments.

The reason for the acquisition, according to VP Hicham Abdessamad, was because customers demand “as a service” options that let them keep up with the fast pace of cloud based systems.

He said oxYa offered an expanded set of application-as-a-service offerings for both the hybrid and for public clouds.


ITC builds on Oracle tech

consultoracleITC Infotech is introducing a Consumer Goods Business Process Services (BPS) offering based on Oracle’s Comprehensive Trade Management.

It’s built on Oracle’s Siebel Trade Promotion Management, made with a view to manage promotions and funds as well as to settle claims and forecast sales and liabilities. ITC’s kit runs predictive trade planning and predictive scenario planning, too, letting customers use an all-in-one service to boost trade spend efficiency and improve sales forecasting accuracy.

Potential customers may be interested because ITC promises the service will help them reduce costs and boost efficiencies.

ITC Infotech’s president, L N Balaji, said this can lead to better collaboration and relationships with customers.
“We expect it will immensely benefit companies in the consumer goods, durables, high tech and consumer healthcare sectors, and in general all companies that manage brands and promotions,” Balaji said.

Trustmarque in £43 mill management buyout

TrustmarqueYork-based Trustmarque has been bought out by its management to the tune of £43 million.

The deal was underwritten by Dunedin which is a UK mid-market buyout house.

Trustmarque has been in operation for over 25 years and it helps organisations license, deploy and manage Microsoft, VMware, and McAfee software.
It made £130 million for the year ended 31 August 2012 and it is hoped that Dunedin’s investment will enable Trustmarque to expand.

The company hires 180 people at three sites in York, Bracknell and Edinburgh and currently serves over 1,200 clients including RBS, Lloyds Banking Group, Sainsbury’s and Capita. Public sector clients include the NHS, Ministry of Defence, Ministry of Justice, HMRC, local authorities and NHS trusts throughout England, Scotland and Wales.

Trustmarque was the first Microsoft partner to achieve Gold licensing status and remains a top software and consulting services supplier to the UK Government.

The Sunday Times ranked it as number 54 in their 2013 league of the best small companies to work for in the UK and the company has also been shortlisted by the National Business Awards scheme.

Mark Ligertwood, partner at Dunedin said that Trustmarque esd s market-leader with a clearly positioned brand and an exceptional reputation within both the commercial and public sectors.

“The UK market for software and IT services is currently worth an estimated £40bn and is expected to grow at two percent to five percent to 2016,” Ligertwood said.

It appears the company’s management has a cunning plan to expand and it is a business plan that Dunedin thinks has legs.

Scott Haddow, CEO of Trustmarque said that Trustmarque has developed significantly over the last four years. His ambition is to cement our position as an independent end-to-end technology services provider and the trusted adviser of choice for blue chip and large government enterprises.

Trustmarque was previously owned by LDC which grew it from an IT reseller into a value-added provider of IT services, growing services-driven revenues to 33 per cent of turnover.

In 2011, Trustmarque bought Nimbus Technology Systems as part of a move to provide cloud-based services.