Arrow Electronics has cut the ribbon on Arrow Smart Terms, which is available for those offering subscription, support and hardware.
The offering matches the deferred payment terms covering the period beyond standard terms for periods as long as five years.
The majority of Smart Terms support has gone around subscription and support so far, but hardware can be an option if required.
Oracle staff are furious that they did not predict that they would be victims of “widespread company layoffs”.
The database licence peddler has begun a raft of job cuts which is apparently part of an “organisational restructure”. The irony is that some of those told to vacate the building were only hired in the last six months and they are having no problem finding work because there is a skills shortage.
Most of those given the boot are workers in the US and Europe in areas like marketing for software applications that automate customer service and ecommerce functions.
Oracle had about 143,000 full-time employees, according to its most recent annual report.
Managed IT Services Group (MITSG) has promised that it will be buying up more companies following its acquisition of Everything Tech earlier this year.
MSP’s CFO, Mark Allen, said the company has an “aggressive expansion and growth plan”, with it having a “healthy pipeline of other deals that I’m looking for”.
The MSP got its paws on £10 million war chest from BOOST&Co to fund its buy-and-build strategy in February.
He felt that striking three to four deals would be a good target and is aiming to get another one across the line before the end of this year.
Cybersecurity outfit Check Point has more than doubled its rate of growth in a year.
The cybersecurity firm saw total revenues reach $571 million which was a nine percent increase year over year, while its GAAP operating income hit $209 million, representing 37 percent of revenues.
Part of the rise was down to product and licensing revenues, which saw a 12 percent increase year over year to $133 million.
Westcon-Comstor is shuffling its senior UK management team with the disties’ existing UK boss Anthony Byford is moving into a role as vice-president in a newly formed clouded collaboration business division.
This leaves a UK and Ireland managing director vacancy that is being filled by John Nolan.
He said: “I’ve witnessed major shifts in technology adoption and the impacts on the channel during my 17-year tenure at Westcon-Comstor. The single constant throughout this time has been the difference an experienced distributor like Westcon can make when helping partners navigate those market shifts while maintaining high service levels.
City Hall and Tower Bridge at Night, London
After it was believed that the cloud and data centres were the next big thing, London appears to be getting strangled by them.
Three West London boroughs have told building developers that they must limit their plans because there is not enough power in the grid. This might seem odd given the huge amounts of money power companies are charging people, one would expect they would have sunk a bit of cash into infrastructure.
Software King of the World, Microsoft, has given up on a policy that encouraged partners to move legacy subscriptions under its Cloud Solution Provider programme to the controversial “new commerce experience” by January.
Redmond announced an indefinite delay to the end date for legacy subscriptions moving to new commerce experience (NCE), crediting more migrations and giving partners more time to adopt the change.
British businesses do not expect any growth over the next three months, as a surging cost of living squeezes consumer demand.
The Confederation of British Industry (CBI) said members reported above-average growth in the three months to the end of July – slightly faster than in the three months to June – but expect this to peter out in the months ahead.
CBI economist Alpesh Paleja said: “As firms and consumers continue to be buffeted by rising prices, private-sector activity has slowed to a near standstill.”
Virgin Media O2 has announced financial results that show the company’s best full-quarter growth.
For the quarter ended 30 June 2022, Virgin Media O2 reported transaction adjusted revenue of £2.554 billion, up 0.2 percent on last year. This was driven by fixed and mobile service price rises. Mobile revenue was up 2.2 percent year-on-year to £1.427 billion with improvements in both handset and service.
Workers at telecoms giant BT did not show up for work today in the first of two strikes in a row over pay.
Engineers and call centre staff voted in favour of industrial action after BT offered a £1,500 per year pay rise.
The Communication Workers Union (CWU) said the action will be the first national telecoms strike since 1987.
It has warned the strikes will likely to affect the rollout of ultra-fast broadband, and could cause issues for people working from home.
EV outfit Indra has partnered with ElectriX to be its exclusive home charging supplier.
For those not in the know, ElectriX offers electric vehicle leasing and insurance, as well as an Indra home charging package.
Home charging is a key element of growing the UK’s EV infrastructure, allowing owners of electric cars to charge when their vehicles aren’t in use.
Indra’s Smart PRO charger lets EV drivers charge their cars when electricity is cheapest by avoiding peak electricity demand and enabling agile tariff customers to take advantage of off-peak or EV energy tariffs.
There have been calls for more SMEs to be eligible for the government’s Help to Grow scheme.
The scheme was announced in the Budget in March 2021, aimed at providing SMEs with the digital and management tools needed to innovate, grow and help drive recovery. The funding was set at £520 million.
But the Association of Accounting Technicians (AAT), ACCA, Coadec, the Forum for Private Business and the Entrepreneurs Network have called for the eligibility threshold to be lowered so that companies with less than five staff could apply, and to expand the range of software available.
Xerox executives claim they have not seen a slowdown in spending from clients.
Xerox’s interim CEO Steve Bandrowczak, said during the second quarter earnings call that the company was seeing signs of supply chain improvements and resilience.
He said given the strength in demand across Xerox products and services, and margin improvements through price increases and cost reductions, the company is maintaining its 2022 revenue and free cash flow guidance.
Cloudy bookseller AWS has expanded and revamped its partner network.
The outfit has bought in eight new categories to help customers locate partner software and service solutions: Threat Detection and Response; Identity and Access Management; Infrastructure Security; Data Protection; Compliance and Privacy; Application Security; Perimeter Protection; and Core Security.
Speaking to the gathered throngs at AWS’s annual re:Inforce conference worldwide head of cloud foundations for the AWS Partner Network, Ryan Orsi, claimed the move will allow partners to “increase their business, increase their trust and visibility with their customers and prospects out there to show they have all the right skill sets and knowledge about AWS environments.
Boxxe has been scored “2022’s largest Microsoft deal in the UK public sector” with the MoD.
The deal, worth £291 million, is a three-year contract, which Boxxe claims is the largest Microsoft deals in the UK public sector this year. Apparently, this involves Boxxe managing the MoD’s Microsoft Enterprise Licensing agreement.
The agreement will see Boxxe use their Licence Management Platform and Microsoft resources to support and manage its operations.
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