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

Trevor Pott

Why aren't you, personally, stopping the moronocalypse?
Star Trek Into Darkness

Chris Mellor

Federation fissiparousness to form co-ordinated divisions
iot_internet_of_things

Chris Mellor

EMC is ahead overall with HDS mounting an IoT catch-up

Features

Lego gandalf by https://www.flickr.com/photos/isherwoodchris/  CC 2.0 https://creativecommons.org/licenses/by-sa/2.0/ attribution sharealike
Why interconnectivity in the cloud is tougher than just stacking bricks
Handing over dollars picture via Shutterstock
Steve Ballmer. Pic:  Aanjhan Ranganathan
Nokia is the biggest write-off yet, but it wasn't the first
Confused computer keyboard
Last Christmas, I gave you my Cloud, the very next day you gave it away