German reseller Cancom has written a cheque for Belfast-based MSP Novosco.
Cancom said the deal for Novosco would strengthen its UK presence and open up direct market access in Ireland for the first time.
Cancom, which has over 3,500 staff, said the “volume” of the acquisition is “approximately” £70 million.
Novosco was this year hit revenues of £55 million and has an EBITDA margin of around 17 percent.
Chief Information Security Officers (CISOs) need to provide specialist cybersecurity knowledge to reduce risks of cyberattacks in the supply chain by becoming a critical component in the procurement of vendors, according to new research revealed by Cyber Security Connect UK.
For those who came in late, Cyber Security Connect UK is a cybersecurity forum that is held annually in Monaco during November.
Beancounters at analyst outfit Canalys showed that Lenovo is the supreme ruler of the PC market, followed by HP and Dell.But the analyst has warned market factors are sustaining a short-term boost that could wear off as early as Q1 2020.The end of Windows 7 support in January next year and the ongoing migration to Windows 10 is one of the current factors, along with seasonal inventory stocking ahead of the key Q4 holiday season, the outfit said.
Europe was hit by the Brexit effect with the ongoing political uncertainty being blamed for customers showing caution about hardware investments. As a result shipments came in at two percent in EMEA for Q3, which was below the global average. Apple was the only vendor to see increases in the region.
Rushabh Doshi, research director of Canalys’ mobility services said: “The PC market high is refreshing. However, there is a limit to how quickly leading vendors can ramp production. Intel remains a key bottleneck, with pressure on its 14nm CPU supply not likely to see improvement until Q1 2020. However, the Intel CPU shortage provided leading PC vendors an advantage over smaller rivals drove HP and Lenovo to their best Q3 performance to-date.
“Going forward, leading vendors will have an opportunity to further consolidate the market and squeeze smaller vendors’ market share, if the Intel supply is not able to satisfy the spike in orders.”
At the same time research from Context showed that consumers were driving demand for another hardware category, premium monitors, with home office users, gamers and creatives some of the key buyers.
Sales of monitors across Western Europe through consumer channels, retail and etail, continued to grow and were up by fore per cent year-on-year in August.
MTI Wireless Edge scored its second new contract win within a week.
Through its wireless irrigation control unit, MTI Wireless has signed a contract worth over $3 million in China with an unnamed client.
The order is expected to be delivered in full within five years, and is the largest MTI Wireless has ever received.
Dudi Shani, the general manager of the Mottech Water Solutions unit, said: “We are delighted with this strategic agreement, which demonstrates a maturation of our business in China since our decision to open a local subsidiary and following the investments made in this region in recent years.
More than 90 percent of resellers feel frustrated with distribution partners despite needing support more than ever as they undergo digital transformation.
Westcoast Research entitled ‘What UK Resellers Really Think’, surveyed over 200 UK resellers earlier this year to unearth the services and support most needed in the channel.
The What UK Resellers Really Think study from Westcoast has discovered that most resellers see digital transformation as a chance to get closer to customers.
Partners identified cloud services and machine learning as areas where they could make money in the next few year with more than half saying they were ready to act in the area for the next two to three years.
Westcoast found that the gap between understanding the digital transformation opportunity and being in a position to deliver it was one that distribution could help bridge. Its research found that 92 percent of resellers admitted to being more demanding of their disties than they were two years ago and many looked to their supply partners for customer insights, marketing advice and forecasts.
Aria Technology is headed for the Court of Appeal in a third go at overturning a £750,000 VAT fraud ruling.
The company has secured permission from Lord Justice Lewison to appeal against an HMRC decision to deny the firm £758,770.69 in input tax. The taxman ruled it had taken part in a carousel fraud scheme and altered Aria Technology’s VAT return for period 07/06 on the basis that the company “knew, or should have known, that the transactions… were connected with the fraudulent evasion of VAT”.
CDW, CGI, Computacenter, Softcat, SCC, Insight Direct, Trustmarque and XMA have made it onto the East Midlands Commercial Strategy Unit’s (EMCSU) ICT framework.
The ICT VAR framework was announced in July of this year and is valued at an estimated £5 billion. The contract will run for four years until August 2023.
Avaya announced its IX Subscription programme, which is supposed to make it easier for enterprise customers to buy and even consume Avaya’s communications and collaboration solutions.
The Avaya subscription programme provides customers with a new consumption-based alternative to “traditional” perpetual pricing models, and can also help move them to a cloud.
The company said the programme – offering monthly or annual subscription payments – lets customersavoid the complexity and cost of software licensing and contract renewals.
Alibaba Cloud has entered into a new distribution agreement with Arrow Electronics.
Under the new partnership, Arrow becomes the Chinese firm’s sole distributor in the UK. This means it will offer the data intelligence arm of the Alibaba Group’s full suite of solutions built on the Alibaba Cloud infrastructure to businesses and channel customers across the region.
FormFactor has written a big fat cheque for German based supplier FRT.
FRT is apparently one of the fastest growing metrology suppliers in the semiconductor industry, with revenues expanding at more than 75 percent compounded annual growth rate since its inception in 2016 to 2018. This acquisition strengthens FormFactor’s leadership in test and measurement by expanding its addressable market into 3D surface metrology and extending the optical applications scope of its existing Engineering Systems business.
Mendix has warned about the rise of “shadow IT” digital transformation initiatives.
For those who came in late, Shadow IT is when business teams pursue tech solutions on their own, independently of IT — to deal with the persistent shortage of software developers1 and inadequate budgeting to meaningfully advance a digital agenda.
The research, conducted by California-based Dimensional Research, surveyed more than a thousand business and IT stakeholders in medium and large companies in the United States and Europe.
IBM Security and McAfee have been joined by 14 other firms to form the OASIS consortium to tackle interoperability .
Under the OASIS banner the firms will work on the Open Cybersecurity Alliance (OCA) to try to increase the interoperability between products to reduce those problems and share information around threats and the best responses.
Carol Geyer, chief development officer of OASIS said: “Today, organisations struggle without a standard language when sharing data between products and tools, We have seen efforts emerge to foster data exchange, but what has been missing is the ability for each tool to transmit and receive these messages in a standardised format, resulting in more expensive and time-consuming integration costs. The aim of the OCA is to accelerate the open sharing concept making it easier for enterprises to manage and operate.”
Trade association CompTIA has named Manchester as the best place in the UK to work in IT.
Its inaugural index ranked more than 200 UK cities based on the IT employment opportunities available, taking into account factors such as the number of IT postings locally, projected job growth and reported cost of living in travel to work areas.
Manchester was the top due to the “broad scope” of opportunities it offers, including career progression options and high quality of living, based on cost of living and job demand.
Milton Keynes based Halpenfield, a services and solutions consultancy company has merged with the SDG Group.
Halpenfield will now be known as SDG Group UK.
SDG Group is investing in and expanding throughout the European and international markets, and this latest merger with Halpenfield demonstrates how the company is seeking to strengthen its presence in the UK market further, a representative said. In addition to the current offices based in Milton Keynes and Newport Pagnell, the company has opened a new central London office to spearhead UK activities.
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