Tag: SoftwareONE

SoftwareOne sees growth this quarter

Posted on November 16, 2023 by - News

Cloudy services giant SoftwareOne has reported an 8.4 per cent year-on-year revenue growth in the third quarter of 2023.

The company’s adjusted EBITDA registered a 14.1 per cent year-on-year increase with a margin of 20.5 per cent.

SoftwareOne claims that one of the key reasons for its resilient performance has been the success of its operational excellence programme, which delivered bucketloads of cost savings.

In EMEA, the company demonstrated resilience with a 9.6 per cent year-on-year revenue increase to CHF136.7m.

This growth was driven by robust momentum in key markets such as the UK, Netherlands, and Spain.

In APAC, SoftwareOne sustained a robust revenue surge, witnessing a 19.8 per cent year-on-year.

However, in NORAM, cautious client spending and extended sales cycles led to a disappointing 4.7 per cent year-on-year growth.

SoftwareOne snubs Bain Capital again

Posted on July 25, 2023 by - News

SoftwareOne has snubbed Bain Capital’s second acquisition offer and is now apparently considering what it will do with its life.

The private equity firm offer of £2.8 billion after its initial bid of £2.5 billion was rejected for materially undervaluing SoftwareOne.

“The board unanimously agreed that the second indicative offer does not adequately value the company and is not in the best interest of SoftwareOne and the majority of its shareholders,” the group said in a statement.

Bain capital increases sweeteners to woo SoftwareOne

Posted on July 24, 2023 by - News

Bain Capital has increased its offer for SoftwareOne Holding AG to 3.72 billion.

SoftwareOne and Bain Capital declined to comment on the report.

The reported new offer is at a premium of 43.6 per cent from SoftwareOne’s last close on May 31, when Bain first presented an offer to the Swiss firm valuing it at $3.2 billion.

SoftwareOne’s board last month turned down Bain’s earlier offer although it received support from founding shareholders, Daniel von Stockar, B Curti Holding and Rene Gilli, who together hold 29.1 per cent of the company.

SoftwareOne helps companies manage software purchases from vendors such as Microsoft, Adobe and IBM. It floated on the Swiss exchange in 2019.

SoftwareOne sees revenue up 8.7 per cent

Posted on May 18, 2023 by - News

SoftwareOne has reported a solid start to 2023 with its revenue increased by 8.7 per cent to £213.3 million on the first quarter.

SoftwareOne CEO, Brian Duffy said who joined the company in May after it carried out a rebrand said that it was an exciting time for the company.

The partner’s software & cloud marketplace delivered revenue growth of 6.4 per cent to £111 million in Q1, up from £108.6 million during the prior year period, driven by a 30 per cent revenue rise in the ISV portfolio.

Gross billings in the Microsoft business came to $4.2 billion, up 13 per cent year on year, driven by solid momentum across customer segments.

IT departments ordered to stretch their budgets

Posted on March 13, 2023 by - News

SoftwareOne research claims that more than 93 per cent of  IT leaders are under pressure to make budgets stretch.

While the world+dog is told to focus on improving cloud cost management and driving down increasing technical debt, 72 per cent of CIOs felt they needed to catch up.

A lot of the issues with cloud costs stem from some of the rushed decisions made during the pandemic, with a number of users admitting they needed more time to optimise workloads before migration, with many miscalculating the budget needed and dealing with an overspend since.

SoftwareONE sees boost in profits

Posted on March 8, 2022 by - News

SoftwareONE has posted an increase in gross profit in its full-year 2021 results to €849 million in 2021.

EBITDA fell a percent year to €217 million, with a margin of 25.7 percent from 30.6 percent in 2020.

SoftwareONE CEO, Dieter Schlosser said: While we are aware that margins fell below expectations, we believe the strategic investments underpin our strong growth and support long-term shareholder value. As organisations continue to embrace the cloud, the demand for services is expected to grow significantly.  In order to capitalise on this market opportunity, we have continued to invest in talent and capabilities. ”

The Swiss outfit’s total adjusted operating expenses increased 25.8 percent to €631 million.

It claimed the development of its cost base reflected higher personnel costs as a result of investments in sales & marketing and delivery capabilities to support the company’s continued growth, as well as incremental operating expenses of acquired companies.

Software One offers to float your goat

Posted on March 2, 2022 by - News

SoftwareONE has unveiled its new Goatpath brand, which will focus on delivering the next generation of technologies, platforms, and products at speed.

The outfit claims the brand will “radically change the way customers can buy, sell and manage their software, cloud and services”.

Goatpath GM Mike Fitzgerald said: “The new name and brand reflect our desire to find the fastest route across challenging terrain with nimbleness and surety.”

Ultimately, Goatpath’s goal is to make it simple for businesses to automate and govern procurement, management and security of software and cloud.

SoftwareONE buys out Nottingham SAP outfit Centiq

Posted on October 8, 2021 by - News

SoftwareONE has announced the acquisition of UK SAP Services Partner Centiq. M&As are proliferating this year.

Founded in Nottingham in 1998, Centiq provides SAP-related professional and managed services and solutions across Europe. Centiq has expertise in Microsoft Azure, too.

SoftwareONE SAP Services global practice leader Daniel Da Vinci said that his outfit was thrilled to welcome Centiq to the SoftwareONE organisation.

“Through this acquisition, we are continuing to strengthen our global SAP Services practice and extending our reach in the EMEA market”, he said. 

SoftwareOne snaps up HeleCloud

Posted on September 13, 2021 by - News

SoftwareOne has acquired leading Amazon Web Services (AWS) partner HeleCloud for an amount of money – it won’t say how much.

UK-based HeleCloud is an AWS MSP and AWS consulting partner and will give SoftwareOne more depth around that cloud technology across Europe, the Middle East and Africa (EMEA), thanks to its operations here, in the Netherlands and Bulgaria.

The cunning plan is for HeleCloud’s leadership team and employees to integrate into SoftwareOne’s AWS practice.

HeleCloud has been around since 2016 and brings consulting expertise and knowledge of software architecture, infrastructure engineering and managed services, it is said. The firm has positioned itself as the ideal partner for those customers seeking help to navigate the often complex world of public cloud.

Javid Khan, AWS global director of SoftwareOne, said it had been targeting growth from the public cloud and the deal would support all that.

SoftwareONE and Microsoft team up on nonprofits

Posted on April 26, 2021 by - News

SoftwareONE is working with Microsoft to speed  digital transformation for Non  Profit Organisations (NPOs) worldwide.

The move is part of a cunning plan to enable NPOs to deploy leading-edge, innovative technology to have a greater impact on the world’s most critical social issues.

SoftwareONE’s global dedicated ONEImpact team offers digitalisation and transformation solutions to enable its +3,000 non-profit customers to adapt to an increasingly digital world.

ONEImpact, it is claimed  makes it easy for NPOs to access Microsoft enterprise-grade technology at low or no-entry costs while offering a wide variety of services, advice and support to NPO IT teams who are typically understaffed and overstretched.

SoftwareONE teams up with Microsoft

Posted on March 26, 2021 by - News

SoftwareONE  has reached a strategic agreement with Microsoft to accelerate growth for application services and SAP on Microsoft Azure globally.

Under the arrangement:

• SoftwareONE will expand its application services and SAP on Azure capabilities by hiring and training up to 5,000 additional specialists by the end of 2023, in line with the SoftwareONE and Microsoft business plan and expected revenue growth over that period.

SoftwareONE snaps up ITPC

Posted on March 3, 2021 by - News

Cloudy software outfit SoftwareONE has acquired SAP outfit ITPC

For those not in the know, ITPC is an SAP specialist for S/4HANA transformations, public cloud migrations and related managed services offerings, including monitoring, maintenance and support.

Founded in 2006 and helps customers with updating, migrating, modernizing and operating SAP ERP solutions. It has around 50 experienced consultants, ITPC assists customers with S/4HANA adoption on public cloud hyperscale platforms, including Microsoft Azure, Amazon Web Services (AWS) and Google cloud (GCP), as well as managed services.

ITPC Group currently serves businesses mainly in the DACH region. Following the transaction, ITPC will be fully integrated into SoftwareONE’s global SAP practice and European operations.

SoftwareONE acquires Intelligence Partner

Posted on January 11, 2021 by - News

Cloudy SoftwareONE has bought Intelligence Partner, a Google Cloud services company serving the Spanish, Brazilian and Middle Eastern markets. The acquisition expands SoftwareONE’s Google Cloud capabilities, strengthening its ability to serve customers with multi-cloud strategies in Europe.

Headquartered in Madrid, Spain, Intelligence Partner (www.intelligencepartner.com) offers the complete portfolio of Google Cloud products, along with related consulting, migration and managed services. The company is a Google Cloud Premier Partner with expertise in Google Workspace (formerly G Suite), Google Maps, Google Cloud Platform and Cloud Analytics and CRM.

SoftwareONE launches UC managed services in UK

Posted on February 22, 2019 by - Products

Licensing outfit SoftwareONE has launched its unified communications (UC) managed services in the UK.

The Swiss firm launched UCSimple in the US, Germany, Switzerland and Austria last year and has now added Blighty to its list.

UCSimple is based on a premise that traditional UC tools are ineffective because they don’t take into account the number of employees working remotely will increase over the next few years.