The Channel logo

News

By | Paul Kunert 28th July 2011 10:37

Last day on the job for Phoenix IT Group boss

Robinson hanging up boots after 18 years

Phoenix IT Group's long-serving chief exec Nick Robinson is hanging up his boots today after attending his last Annual General Meeting in the role.

The services provider and reseller is handing captaincy of the ship over to industry veteran Dave Courtley at the beginning of next week. Courtley will need to draw upon his experience to beef up sales and offset a drop in large-scale outsourcing deals.

In a trading update for Q1 ended 30 June, Phoenix said numbers were "in line with management expectations" and the outlook for fiscal 2012 – heavily weighted towards the second half – remained unchanged.

The market dynamics apparent last year had continued with smaller, shorter-term outsourcing contracts favoured by enterprises.

"Currently there is a paucity of large outsourcing deals in the UK IT services market, but the group continues to see new opportunities and develop its pipeline," it said.

The order book exited Q1 at £325m, down 1 per cent sequentially, while contract values dipped 3 per cent on the March quarter to £194m.

Phoenix restructured during fiscal 2011, merging its business continuity ICM unit with the mid-market services arm Servo, which had constrained profits at those divisions. ®

alert Send corrections

Opinion

Chris Mellor

How long before Blue Big HQ pulls the plug on the whole thing?

Chris Mellor

Drives nails forged with Red Hat iron into VCE's coffin
Sleep Cycle iOS app screenshot

Trevor Pott

Forget big-spending globo biz: it's about the consumer... and he's desperate for a nap

Features

Windows 8.1 Update  Storeapps Taskbar
Chinese Buffet self-service
Chopping down the phone tree to scrump low-hanging fruit
An original member of the System/360 family announced in 1964, the Model 50 was the most powerful unit in the medium price range.
Big Blue's big $5bn bet adjusted, modified, reduced, back for more
Microsoft CEO Satya Nadella
Redmond needs to discover the mathematics of trust