Author: Nick Farrell

M-Files boosts subscription-based recurring revenue

M-Files claims that Cloud adoption accelerated its subscription-based annual recurring revenue (ARR) in 2019 by more than 100 per cent over 2018.

For those who came in late the company’s primary SaaS solution, M-Files Online, is a hybrid information management platform that allows customers to implement cloud and on-premises solutions without having to separately purchase licenses.

M-Files CEO Antti Nivala said that as the outfit moved to an SaaS and cloud-based business model in 2019, customers and partners reaped the benefits of its innovative licensing options that enable M-Files Online customers to become instantly cloud-ready and able to usethe cloud in a phased and targeted manner as they see fit.

Dell scores BT project

Tin box shifter Dell has been selected to offer is customer-location IT gear to BT.

The deal means BT can offer a broad range of new managed services to help its multinational enterprise customers deploy applications and services.

Armour scores £2 million

Secure communications solutions outfit Armour  has successfully closed its first round of outside investment of £2million from external investors, BOOST&Co.

The new investment comes at the end of Armour’s most successful year to date, with year-on-year revenue growth having more than doubled. Planned expansion in 2020 means the company are looking to hire up to 20 new people across the business. Several people have already been appointed, in product development and sales.

HP keeping shtum on latest Xerox bid

HP is making no comment on Xerox’s new sweeter fresher merger offer until after it has revealed its first quarter results later this month.

Xerox upped its initial offer of $22 per share made in November to $24 per share in the hope of swinging more shareholders on its side.

Normally the maker of very expensive printer ink has rushed to its PR department to respond to  Xerox’s continued efforts to take control, but this time it mostly refused to comment.

Fujitsu signs security deal with Thales

Fujitsu has inked a deal with Thales to integrate the security firm’s cloud and encryption services into its own portfolio.

Thales’ Cloud Hardware Security Modules (HSM) and Key Management services will be adopted by the Japanese tech firm, with a view to bolstering its public key infrastructure (PKI) based services.

The security company’s Cloud HSM service, Data Protection on Demand, will be used by Fujitsu within its core security infrastructure in order to provide businesses with a more secure key management service.

Caddy gets canny branding job

Global channel services provider, Agilitas IT Solutions, has named the regular caddy of Women’s British Open Golf Champion as its new brand ambassador.

Harry Tyrrell started off his golfing career as a teaching professional at Hindhead, having attended the LPGA qualifying school, one of the longest-running professional sports associations in the world, along with Georgia. 

Wearable tech is still too niche says GlobalData

Wearable technology is an emerging sub-market in the Internet of Things (IoT) theme, but is yet to establish itself in the IoT mainstream due to limited interoperability and underdeveloped self-contained functionalities, according to GlobalData beancounters

GlobalData’s Wearable Tech – Thematic Research predicts that the market will grow at a compound annual growth rate (CAGR) of 19 percent between 2018 and 2023, primarily driven by smartwatches, which account for the lion’s share of the market revenue.

Social Print and Copy teams up with Epson

Social Print & Copy [SP&C], Scotland’s first social enterprise within the print and copier sector, has partnered with printing manufacturer Epson, largely thanks to its sustainability goals.

SP&C will donate profits back to the charity sector through a community grants program due to be launched later this year.

SP&C will stock and sell Epson printers due to their low-energy consumption, low waste and low costs to the customer. While their core market is print and copier solutions, SP&C will also look at widening its product offering towards large format print and projectors.

IT job market grows

Employers across the United Kingdom advertised 170,000 job openings for information technology (IT) workers in the fourth quarter of 2019.

According to an analysis of employment and labour data by CompTIA, The fourth-quarter figure for open core IT occupations represented a one percent increase over the Q3 2019 total and accounted for about 10 percent of the 1.7 million total job openings across the UK.

CompTIA senior director for research and market intelligence Amy Carrado said the quarter-over-quarter increase was modest, but it was counter to the typical trend of a hiring slowdown in the fourth quarter.

MSP market is strong

The managed service provider (MSP) market is strong and in a position to take advantage of myriad growth opportunities, according to SolarWinds research.

The firm has shared the findings of its 2019 Trends in managed services report, which looks at what is happening in the US and Europe.

The report quoted figures from Mordor Intelligence, which forecast that global managed services spending will climb from $173 billion last year to more than $296 billion by 2023. That translates into an estimated compound annual growth rate of more than over 11 percent, which is higher than pretty much the rest of the IT market.

British Legal Technology Forum 2020 to kick off in March

The British Legal Technology Forum 2020 has revealed the full line up of speakers for the 10th March 2020 at Old Billingsgate, London event.

Focusing on the reinvention of business law, law firm innovation, design thinking, service delivery challenges, machine learning and cybersecurity, the Forum is set to bring together an estimated 1200 sector leaders to discuss how advanced technologies could facilitate a smarter future for legal businesses.

Xerox boosts tender offer

Xerox announced its intention to launch a tender offer on or around March 2, 2020 for the outstanding shares of common stock of HP at a price of $24 per share, which will be comprised of $18.40 in cash and 0.149 Xerox shares for each HP share.

This is a boost of what Xerox has offered in the past and according to the company is because it has been chatting to some of HP’s largest stockholders.

Avaya pushes subscription, SaaS and cloud

Avaya is pushing its subscription, software-as-a-service (SaaS) and cloud sales model to partners.

Speaking to the gathered throngs at the Avaya Engage conference, Jon Brinton, Avaya’s vice-president of North America channel sales said the vendor had increased partner incentives to encourage more subscription and services business.“We’ve made those changes to focus more on the company’s strategic imperatives for the enterprise customer – the migration to SaaS or subscription”, he said.

Brinton confirmed that Avaya was gearing its partner engagement around customer preference for cloud, and customer service becoming “multi-experience” – “incentivising our channel to work with our customers to help them as they develop their buyers’ journey for the modern consumer”.

Targeted at small and medium-sized enterprises (SMEs), Avaya Cloud Office will combine RingCentral’s UCaaS platform with Avaya phones.

The company also said that its enterprise private cloud offering, ReadyNow, which it rolled out last year, was now the fastest-growing part of its business in Europe, the Middle East and Africa (EMEA).

Avaya highlighted its investment in a new contact-centre-as-a-service (CcaaS) platform, Avaya IX-CC, which it described as being “built from the ground up as a cloud-based solution developed on a microservices architecture.”

Avaya’s new communications-platform-as-a-service (CPaaS) offering is billed to provide customers “to build apps with ease and integrate them into any application, workflow or communications system”.

 

 

 

 

 

OnBuy wants more resellers

Amazon competitor OnBuy is on the hunt for more resellers to add to its platform.

CEO Cas Paton said the B2B outfit has received £3 million in private equity (PE) investment and works with distributors who use the platform as a way to engage with B2C audiences.

He wants more distributors to start using the online market and hopes that word of mouth among disties will work its way to resellers selling on the site. 

UK businesses go-slow over emerging tech

Big snail in Old TaipeiA quarter of UK businesses are overwhelmed by emerging technology, according to research from CompTIA.

A quarter of the 1,500 global business and technology professionals cited budget constraints, risk aversion and feeling “overwhelmed” with options that are causing some organisations to go-slow.

While 46 percent of respondents viewed emerging tech positively and 25 percent expressed equal parts excitement and fear towards it.