Category: News

Exclusive has a good second quarter

Posted on August 4, 2022 by - News

Distie Exclusive Networks had a rather good second-quarter.

The channel outfit saw a 43 percent increase in gross sales, reaching more than €1 billion, with growth in major regions, including 43 percent in Europe, the Middle East and Africa (EMEA), 36 percent in Asia-Pacific (APAC) and 46 percent over the pond.

The UK and Germany coined it in as the enterprise market accelerated during the quarter.

There were signs that the momentum would continue with bookings growth above gross sales growth, and as a result of extending vendor relationships and acquisitions the serviceable addressable market had grew to more than €2 billion.

Cohesity headhunts VMware’s former chief operating officer

Posted on August 4, 2022 by - Moving People, News

VMware’s former chief operating officer Sanjay Poonen has been headhunted by Cohesity as its new CEO and President.

Sanjay Poonen oversaw sales, marketing, services, and alliances in his most recent role at VMware, helping to double revenues from approximately $6 billion to $12 billion.

Poonen said that Cohesity sat at the intersection of three of the highest priority business issues today – cyber security, cloud, and data management.

Capita flogs off family silver

Posted on August 3, 2022 by - News

KR9984 Milan, Italy – August 10, 2017: Capita
logo on the website homepage.

Capita is flogging off two more of its businesses for £60 million as it off-loads what it calls ‘non-core’ companies.

Gone are its Capita Real Estate and Infrastructure (‘REI’) and GL Hearn (‘GLH’) businesses.

For those who cant spot annoying acronyms REI provides specialist advisory, design, engineering, environmental and project management services for land, building and infrastructure owners.

Arrow comes up with “smart terms”

Posted on August 3, 2022 by - News

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 didnt see cuts coming

Posted on August 3, 2022 by - News

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.

Dear Dreary: I have buried my Bitcoin and my ex is furious. What to do?

Posted on August 2, 2022 by - Fun Stuff, News

Dear James,

This is a clear case of IT engineeritis.  You threw away your hard drive and now you want to dig up the landfill to recover what you believe is a pile of Bitcoin cryptocurrency worth around £150 million.

The whole thing is compounded by a clear case of journalistic Dog Daze. At this time of year some journalists will grasp at any straw to fill pages or digital space.

I understand why your ex is furious because that’s me. I told you not to spend all of your time “data mining” rather than giving me the occasional kiss and cuddle.

You might like to read my pamphlet: IT headaches and sex.

Dreary Read ♥

MITSG promises more mergers and acquisitions

Posted on August 2, 2022 by - News

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.

Check Point doubles growth

Posted on August 2, 2022 by - News

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 reshuffles management

Posted on August 2, 2022 by - Moving People, News

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.

Data centres are putting pressure on London’s power

Posted on August 1, 2022 by - News

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.

Microsoft stops encouraging new commerce experience

Posted on August 1, 2022 by - News

Microsoft campusSoftware 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.

Zero growth for British businesses looms

Posted on August 1, 2022 by - News

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 reports best full quarter growth

Posted on July 29, 2022 by - News

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.

BT strike kicks off

Posted on July 29, 2022 by - News

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.

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Indra partners with ElectriX to supply home charging

Posted on July 29, 2022 by - News

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.