Category: News

Softcat cancels dividend after COVID-19 warning

Softcat has cancelled its interim dividend to shareholders after the government’s COVID-19 warning.

The reseller said that, while trading has been as expected since it published its H1 results last month, it has scrapped the payment due to “changes in government guidance” related to COVID-19.

The dividend was expected to be paid in May.

Home working tech expected to grow

Global tech market advisory firm, ABI Research, says it is a good time to be in business if you are flogging home networking gear with smart home controls.

The company said that  a global emphasis on working from home combined with advice to minimise COVID-19 transmission from shared surfaces even within a home, will help “cement” the benefits of smart home voice control for millions of consumers

Last year, 141 million voice control smart home device shipped worldwide and, despite the key China market being impacted during the first quarter of 2020, the value of voice control during the pandemic will ensure that this year, voice control device shipments will grow globally by close to 30 percent over 2019.

Vortex 6 offers complimentary monitoring to V6 Fusion clients

Vortex 6 is offering its V6 Fusion clients a complimentary Monitoring Service which will run until 30 September 2020.

The Monitoring Service will support clients in the management and optimisation of their Cisco Partner Program Compliance and VIP Rebates. Staying on top of the Cisco programs and the rewards offered is even more important now and Vortex 6 is urging customers to remain diligent.

Arrow and Puppet partner on EMEA distribution

Arrow Electronics has announced a new distribution deal with infrastructure automation provider Puppet as part of a cunning plan to widen its channel across Europe, the Middle East and Africa.

Arrow said the move would create new opportunities for customers to mix leading vendor products with other enterprise automation systems.

Puppet’s Enterprise offering allows companies to deliver and manage almost any infrastructure at scale in a single platform with or without agents It enables the continuous enforcement of security and compliance policies, the firm says.

Lexmark expands its cloud to resellers

Printer vendor Lexmark has expanded its cloud print management (CPM) product to resellers

The company claims that for channel partners, the product will be a good starting point are existing customers who are already using cloud platforms such as Office 365 or Google Drive, as they are already comfortable discussing the migration of processes to the cloud.

COVID-19 sinks Xerox’s HP plans

Xerox has given up on its plan to take over HP citing the “global health crisis and resulting macroeconomic and market turmoil caused by COVID-19”.

The company said that all this has created an environment that is not conducive to Xerox continuing to pursue an acquisition of HP.

“We are withdrawing our tender offer to acquire HP and will no longer seek to nominate our slate of highly qualified candidates to HP’s Board of Directors. While it is disappointing to take this step, we are prioritising the health, safety and well-being of our employees, customers, partners and other stakeholders, and our broader response to the pandemic, over and above all other considerations”, the company said.

Sony shuts Welsh factory until April 20

Sony has closed a significant portion of its offices in Europe and the US, with many employees now working from home, while also shutting down its Welsh manufacturing plant.

The outfit has said that its supply chain has been severely affected by the coronavirus pandemic, including its music business and electronics products arm. Other areas, such as gaming and financial services, however, have not felt the effects of the economic disruption as heavily.

Monitor sales double

As people rush to set up home offices, sales of monitors have nearly doubled.

According to the PC channel, demand is surging for virtual office components such as laptops, network peripherals, and hardware components and it looks like many might bounce back from their poor first-quarter sales.

The number of IT monitors bought during the week ending 14th March almost doubled compared to the week before, according to GfK. Purchases of keyboards also shot up during that same week, giving a year-on-year growth of 68.8 per cent in value, while an increase in sales of pointing devices, such as mice and stylus pens, resulted in growth of 29.7 percent compared to this time last year.

Channel brings 10,000 ventilators to the NHS

A number of firms across the computer channel, led by Microsoft, Dell, Arrow Electronics, Accenture and PTC have banded together to form a consortium to deliver 10,000 ventilators to the NHS.

The consortium is headed by Dick Elsy, CEO of High Value Manufacturing Catapult (HVMC), a group of manufacturing research centres in the UK and is made up of Airbus, BAE Systems, Ford, GKN Aerospace, Inspiration Healthcare, Meggitt, Penlon, Renishaw, Rolls Royce, Siemens, Smiths Group, Thales, Ultra Electronics, Unilever and a number of UK-based F1 teams.

Extreme ultraviolet technology could be the next big thing

Electronics giant Samsung has announced that it has successfully shipped a million of the first 10nm-class (D1x) DDR4 DRAM modules based on extreme ultraviolet (EUV) technology.

The new modules have now completed global customer evaluations, the firm said, and will pave the way for more cutting-edge EUV process nodes for use in PC, mobile, enterprise server and datacentre applications.

Massive surge in the use of fintech apps

Coronavirus-triggered social distancing, isolation and lockdowns have driven-up the use of financial apps in Europe by 72 percent in a week, deVere Group consultants claim.

The sharp increase in the use of financial technology comes as the world readjusts to life fighting against the global health crisis and economic downturn caused by the Covid-19 pandemic.

James Green, deVere Group’s Divisional Manager of Europe (pictured) said: “The world has changed in the last few weeks. The measures we’re now all taking to help the fight back against coronavirus are affecting the way we interact, live, work, and take care of our finances.

Remote work could harm marketing industry

More than half of UK marketeers believe their organisation could be compromised by the need to work remotely amid the coronavirus pandemic.

An survey of 887 UK brand marketers conducted by Marketing Week found that remote working has been somewhat rare or rare until recently among 38 percent of marketeers. However, 83 percent believe it will become more common over the near to medium term.

Amid the shift, marketeers have genuine concerns about how their teams will manage working remotely during the Covid-19 outbreak and the impact it could have on business.

Microsoft sorts out its supply chains

Rusty chain - Wikimedia CommonsMicrosoft’s supply chains are back on track, though the “bigger issue” is the demand for products in Western countries battling Covid-19, according to CEO Satya Nadella.

Having a chat with CNBC, the software king of the world said he was confident that product launches announced pre-outbreak would continue as planned, but said that he is concerned about demand in regions battling the virus.

Nadella said: “The supply chains are all coming back; right now that is not a real issue. I think the bigger issue is what happens in the US and Europe and other developed markets about the demand side, going forward.”

Nadella said that he feel good about where Microsoft was at the moment. 

Exclusive Networks sees another growth year

Exclusive Networks has reported a year of growth, booking revenues which were up 17 percent on the previous year.

The outfit said that made €2.4 billion for 2019 – a tenth of which come from subscription-based transactions.

Exclusive Networks EVP Worldwide Sales & Marketing Andy Travers said the enterprise market changing how it consumes technology, making it an exciting time to be creating value in the channel.

“Behind the scenes, we have been investing in our global operations capability and bolstering our leadership team, but we remain more focused than ever on doing what we do best – being customer-centric while simultaneously supporting our partners’ businesses, especially during this uncertain time.”

Telecom’s will boom after Covid-19

The telecom sector will shine in post Covid-19 era, according to the beancounters at GlobalData.

In a report, with the racy title, “Tech, Media and Telecom Trends 2020 – Updated for COVID-19 – Thematic Research”,  the analysts said that Covid-19 is by far the most significant theme to affect the technology/telecom industry in 2020.

However, its effect is going to be short-term. In the post Covid-19 era, telcos are expected to perform well as the world will be more connected and businesses better prepared for such calamities.

The report evaluated the impact of Covid-19 on 600 companies across 17 sectors in technology, media and telecoms (TMT).