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Technology shares slide with Brexit vote, except ARM

BREXIT Shares in British technology companies are mostly sliding after citizens of the United Kingdom voted for the nation to leave the European Union. The FTSE 100 fell more than 8 per cent at opening this morning, slicing over £100bn off of the market capitalisation of the UK's most highly rated bluechips, although this has since …
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NetSuite CEO: 'It will be $99 forever for every user'

NetSuite has ruled out following its business-apps-as-a service peer Salesforce in hiking prices for customers. Zach Nelson, chief executive since 2002, has fixed his firm's monthly per-user pricing – currently at $99 - in stone. Business-cloud software rival Salesforce has increased its core pricing, stable and barely changed …
Gavin Clarke, 09 May 2016
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Gwyneth Paltrow and Richard Branson will lead Sage's 'sexy accounting' shtick

Sage Software is following in the footsteps of Microsoft and Salesforce by rolling out big names to vent hot air at its events. The British company, which had revenues of £194m last year, employs 13,000 people and is known for its mid-market accounting software, has signed Virgin empire supremo Sir Richard Branson to anchor …
Gavin Clarke, 26 Apr 2016
 Good GCSEs should cost parents a Jesus-phone

Microsoft announces Windows 10 Anniversary Update coming this summer

BUILD2016 Microsoft has announced an "anniversary update" to Windows 10, set for release this summer. The first release appeared in July 2015. Windows boss Terry Myerson, presenting the update at Microsoft's Build event in San Francisco, said that it is not only for PCs and tablets, but also for phones, Xbox, HoloLens (for which …
Tim Anderson, 30 Mar 2016
Wagyu Bull

Barracuda billings blunder: Blair bloke bullish

Barracuda boosted revenues 17.8 per cent on an annual basis to $78 million in its first fiscal 2016 quarter, but made a -$3.8 million loss. A year ago it made a $200K profit on its $66.2 million revenue, so why has it gone down the toilet profit-wise in this latest quarter? Prez and CEO BJ Jenkins didn’t say in his tinned …
Chris Mellor, 10 Jul 2015
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Salesforce's $20 billion challenge: to go deep, deep, deep

Salesforce last month announced another quarter of growth, up 23 per cent, year on year. Only this time, there was also profit — the first in 18 quarters. Thirty per cent of “top” deals for the quarter were new customers – Bank of America, John Deere, Western Union and Zurich Insurance, the toast of Wall St. Not just that, but …
Gavin Clarke, 15 Jun 2015

Sage boosts profit but that means NOTHING without the CLOUD

Sales rose 6.5 per cent to £699m during accounts-ware biz Sage's half-year results, despite the company's poor cloudy progress. Pre-tax profits increased 4.9 per cent to £173m, compared with the first half of its previous financial year. Stephen Kelly, chief executive officer, said the company is in the process of overhauling …
Kat Hall, 06 May 2015

Sage Pay anti-POODLE upgrade REDUCED security - briefly

Online payment service Sage Pay has been fingered for temporarily reducing its security while revamping its site security. Security consultant Paul Moore noticed that the Sage Pay website was briefly running a weak cipher last week. The issue was quickly corrected after Moore went public with his concerns on Tuesday. He …
John Leyden, 04 Feb 2015

Look out: The Far Eastern white-box boys are coming for EVERYONE

Far Eastern whitebox builders - the ones that have been eating into the market share of the branded server vendors they both build for and compete against - are set to move into new tech and customer segments. The Original Design Manufacturers, the likes of Wistron and Compal Electronics, are delivering vast orders of custom …
Paul Kunert, 03 Sep 2014
cloud_accounting2

Strategy-flinging No 10 civil servant Stephen Kelly turns Sage CEO

A top government civil servant is trading control of the nation’s IT for leadership of Sage Group, the giant accounting software firm that turns over £1.32bn a year. Stephen Kelly is stepping down as UK government chief operating officer to become chief executive of the accounting software firm in November. Kelly will succeed …
Gavin Clarke, 06 Aug 2014
big droplets falling from rain cloud

DON'T BOTHER migrating legacy apps to the cloud, says CTO

The president of the Open Data Centre Alliance has given sage advice to CIOs contemplating how they migrate their legacy platforms into the cloud: forget it and just dump your old code. But Correy Voo, whose day job is as infrastructure CTO at UBS, added this was likely a temporary dilemma as the coming wave of tech bosses, who’ …
Joe Fay, 27 Jun 2014

Sage's 63-year-old CEO says au revoir: 'Life's all about choices'

Seventeen-year company veteran and CEO Guy Berruyer has signalled his intent to hang up his boots from the end of March next year or sooner if a replacement in found beforehand. The man went public on his exit plan at the half-way point of the accountancy software developer's fiscal '14 numbers, that showed a near five per cent …
Paul Kunert, 08 May 2014
An original member of the System/360 family announced in 1964, the Model 50 was the most powerful unit in the medium price range.

Why won't you DIE? IBM's S/360 and its legacy at 50

IBM's System 360 mainframe, celebrating its 50th anniversary on Monday, was more than a just another computer. The S/360 changed IBM just as it changed computing and the technology industry. The digital computers that were to become known as mainframes were already being sold by companies during the 1950s and 1960s - so the S …
Gavin Clarke, 07 Apr 2014

Microsoft's new CEO: The technology isn't his problem

If Satya Nadella is the answer, what was the question? Let's begin by saying money was not the problem that needed solving: on that, the world's largest software company is printing cash. In January Microsoft announced yet another record quarter, this time thanks in huge part to Xbox sales over Christmas and its server …
Gavin Clarke, 05 Feb 2014

NetSuite's Nelson mocks SAP for halting work on its, er, 'NetSuite-killer'

NetSuite has slapped down business software rival SAP for abandoning mid-market customers hungry for Software as a Service (SaaS). Zach Nelson, NetSuite chief executive, said SAP’s decision to stop developing its Business ByDesign service proved the danger of relying on a “last generation provider” like SAP for cloud services …
Gavin Clarke, 25 Oct 2013
management cio2

Brit IT veteran Kelly takes job at investment advisory firm

A British tech biz veteran and former bigwig at integrator Logicalis UK, Tom Kelly, has landed at mid-market M&A and debt advisory firm Livingstone. He joins Livingstone as IT and managed services sector advisor to help further boost its presence in Blighty's tech space, perhaps a sign of the local market's improving fortunes. …
Paul Kunert, 09 Oct 2013

Bill Gates again world's richest, tops in US for 20th straight year

Bill Gates has regained his title as World's Richest Human, and has also been named the US's wealthiest person for the 20th consecutive year. According to Forbes' annual survey of the 400 top members of the silk-stockinged class, Gates elbowed Mexican telecom magnate Carlos Slim off the summit of Mt. Moola, posting a net worth …
Rik Myslewski, 16 Sep 2013

Sage 50 activation blackout: Shops sent back to paper age

New and existing retail customers of the Sage 50 online accounting service were left in the lurch following a “massive” server outage last week. Shops installing new versions of the Sage 50 accounts software or upgrading their existing accounts were unable to register their serial numbers or activation keys for the new systems …
Gavin Clarke, 02 Sep 2013

Sage stakes ERP cloud on Azure platform

Sage is piggybacking Microsoft Azure to launch a cloud version of Sage 200. The UK software vendor is hosting the latest iteration of the enterprise resource planning (ERP) suite, properly called Sage 200 v2013, in data centres in Dublin and Amsterdam. Customers will pay an unspecified monthly subscription fee for the software …
Drew Cullen, 01 Jul 2013

You thought only Google dodges UK taxes? So do all the Brit firms

Big British-based tech firms like Autonomy and BSkyB have subsidiaries in onshore and offshore tax havens, and avoid paying taxes in much the same way as has been highlighted in the case of US firms Google and Amazon. Research shows that most of Blighty's top companies have offshoots in tax havens, according to charity …

'I still get on the phone for a $5k deal' - NetSuite CEO's anti-SAP mission

Interview California-based Salesforce has been an unstoppable force in Software as a Service (SaaS) for 14 years. It pulled in $3.05bn in revenue last year, and just booted rival enterprise tech maker SAP from its slot as the world's number-one customer relationship management software (CRM) company. But there’s another SaaS company that …
Gavin Clarke, 01 May 2013
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Datel: Reseller growing faster than its vendor master Sage

Datel, Sage's largest channel partner in the UK, clearly isn't suffering similar growing pains to its vendor master after posting double digit growth for fiscal 2012. Sales saw an 18 per cent spike to £16.8m in the twelve months to 31 May and EBITDA rose 47 per cent to £1.67m. Pre-tax profits reached £1.14m from £588,000 a year …
Paul Kunert, 07 Dec 2012

Sage unimpressed by French performance

Brit accountancy software biz Sage ground out a relatively decent set of fiscal 2012 financial results as it moves towards more cloud-based sales. Organic revenues from continuing operations went up two per cent year on year to £1.34bn and profit before tax edged up just one per cent to £334m. CEO Guy Berruyer described the …
Paul Kunert, 06 Dec 2012
Collective intelligence cost-cutting: first cut where?

My name is Trevor, and I'm ... an IT consultant

Feature For years I worked as a sysadmin, as addicted to late night security patch updates as I was to bad coffee and long hours. One day I woke and decided enough was enough. It was time to get clean and become an IT consultant. This is my story. While the barriers to setting up your own IT consultancy vary from jurisdiction to …
Trevor Pott, 05 Nov 2012

K3 Business Technology Group no longer for sale

K3 Business Technology Group says it has sniffed the offers on the table from prospective buyers and didn't like the smell. The mid-market ERP firm, which has retail software, manufacturing software and managed services units, went public in March that it was reviewing offers from numerous suitors. But more than six months …
Paul Kunert, 18 Sep 2012
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Sage site outage knackers Blighty's payroll depts

Brit biz Sage left UK customers without critical software - including its Payroll suite - after toppling offline. After the firm's web servers for sage.co.uk went down, the business programs were unable to connect to the website to automatically check for upgrades. "Yesterday we experienced an outage on sage.co.uk. This meant …

Sage: Where's this double-dip disaster everyone's crying over?

Sage revealed the fragility of the Eurozone economy continues to give management sleepless nights as the recovery it touted didn't show up. Back home in Blighty, though, growth was described as good. The UK-based accounting software biz pushed up sales two per cent to £661.2m in the six months to 31 March. Pre-tax profits …
Paul Kunert, 16 Jul 2012
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UK recession rattles Sage's cage as revenue growth flattens

The Sage Group is keeping close tabs on the UK economy amid fears of the "exposed risk of a renewed recession". The mid-market British accounting software maker hit out after posting first half revenues of £661.2m, up 2 per cent for the period ended 31 March excluding results of the disposed US healthcare biz. Sales included a …
Paul Kunert, 09 May 2012

Sage thrusts small biz tool into Microsoft Azure

Sage is to hitch its SME enterprise resource planning (ERP) software to Microsoft's Azure in a bid to speed up customer migration to subscription-based products. The development work has begun on the software – dubbed Sage 200 in the UK and Sage Murano in Spain –  to integrate it with Microsoft's cloud platform and the result …
Paul Kunert, 04 May 2012
channel

Channel wild-child Cisco vows to be more predictable partner

Cisco is trying to fire up resellers' engines by doing what it does best: launching a bunch of channel programmes. The networking lynchpin will consolidate 47 services programmes into one global scheme and introduce a compensation model based on a "discount plus pay-for-performance rebate". Nick Earle, senior veep for worldwide …
Paul Kunert, 18 Apr 2012
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Sage warns of bumpy ride ahead

Unstoppable accountancy software juggernaut Sage kept its foot on the gas in fiscal 2011 to record decent top- and bottom-line gains but warned of some danger signs on the road ahead. The firm made £331m pre-tax profits, up 11 per cent on sales of £1.33bn, a rise of 4 per cent for the year ended 30 September. In Europe sales …
Paul Kunert, 30 Nov 2011
homeless man with sign

Calling all resellers, distributors and integrators

Tech Panel It's been tough these last few years. The economy has been stagnant, inflation's been going up and access to credit has been going down, hitting cash flow and the ability to invest. On top of that, inventory issues have hit hard while customers have been deferring spending. This has cut margins to the bone (and beyond) in many …
Andrew Buss, 23 Nov 2011
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Acquisitive reseller plots 'buy and build' trajectory

The boss at acquisitive software reseller and managed service provider m-hance claims the Microsoft mid-market channel is ripe for consolidation. Mark Thompson was brought on board as CEO by Fiona Timothy, chairman at Calyx – acquired by Better Capital in September 2010 – having previously worked together in the management team …
Paul Kunert, 02 Nov 2011
channel

Calyx owner Better Capital stages reseller roll-up

Private equity house Better Capital has merged seven specialist mid-market software resellers under the m-hance brand with a single management team. Microsoft ERP and CRM dealer Gyrosoft, the hosting and software development biz at MentecPlus and the mid-market client list from MS Dynamics and Sage dealers Sys-Care and Avant- …
Paul Kunert, 01 Nov 2011
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Sage sells off US healthcare biz

British software firm Sage is selling off its US healthcare unit to a private equity firm for £205m so it can focus on its core American customer base. The proceeds from the sale will be given back to shareholders through a share buyback programme, the Geordie small business provider said. The sale is expected to be completed …
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Sage leads bidding for Mind Your Own Business

Sage has been declared preferred bidder for Aussie small biz and accounts firm MYOB. The Geordie firm is bidding A$1.3bn (£823m), which tops offers from Bain Capital and Kohlberg, Kravis Roberts and Co. The two private equity/asset stripper firms were stymied by the downturn in debt markets in recent weeks. The offer is a …
John Oates, 18 Aug 2011
fingers pointing at man

Sage looking to mind Mind Your Own Business' business

Geordie accountancy specialist Sage is in the race to buy Australian firm MYOB (from Mind Your Own Business) which offers similar services down under. The deal could close for as much as A$1bn (£637m) according to sources quoted by Reuters. MYOB has been in business for over 20 years and claims a million Aussie and Kiwi …
John Oates, 16 Aug 2011
hands waving dollar bills in the air

Cisco confirms new world channel structure

Cisco has confirmed the new worldwide channel structure as it works towards laying off thousands of staff, and the changes appear to favour its indirect business with resellers. The networking goliath's global channel boss Keith Goodwin confirmed in a blog post this afternoon that it will consolidate the seven regional partner …
Paul Kunert, 21 Jul 2011
channel

Microsoft Skype: How the VCs won and Ballmer overpaid

Analysis A trio of Silicon Valley venture capitalists have made out handsomely from Microsoft's $8.5bn purchase of Web 2.0 carrier Skype. The money men have earned themselves $6.6bn in cash selling the unwanted web-telco company that they bought a $1.9bn stake in from eBay, while dodging the pain, paperwork, and inevitable disappointment …
Gavin Clarke, 10 May 2011
cloud

Sage butters up SMEs in fiscal first half

British software outfit Sage saw a mild upswing in pretax profit and revenue in the first half of its fiscal year as SMEs tentatively splashed some cash. The company's boss Guy Berruyer attributed the gentle rise to an "increase in business confidence for SMEs in the period". Sage reported pre-tax profit was up 5 per cent to …
Kelly Fiveash, 04 May 2011
channel

Sage Pay, down and out yet again

Online payment system Sage Pay is unavailable again today despite limping briefly back online yesterday. Disgruntled customers commenting on yesterday's story are threatening to jump ship to another provider, blaming a succession of failures from the online payment service. The disgruntled ones have also set up a Facebook …
John Oates, 04 Mar 2011
For Sale sign detail

Sage Pay suffers 2nd day of downtime

Sage's online payment service SagePay is mainly not working for its 32,000 customers today, and it wasn't really working yesterday either. There seems to be a slight discrepancy between Sage's Twitter feed and its system monitor page on its website. The company's Twitter feed warns that live processing is not working but its …
John Oates, 03 Mar 2011
globalisation

Software suppliers not ready for HMRC online tax filing system

Updated The filing of corporate tax online is set to become mandatory in the UK in April this year, despite questions being raised about the implementation of the software underpinning the government's shift to the web. The Inline Extensible Business Reporting Language (iXBRL) has been coded into products by over 30 commercial …
Kelly Fiveash, 21 Feb 2011
cloud

Sage moves into cloud with online SMB accounting package

Business software company Sage launched a new web-based accounting product today targeted at individuals and SMBs. The Newcastle-based FTSE 100-listed firm developed the software, which was built on the Ruby-on-Rails open source web application framework, as part of Sage's effort to focus on what its North European boss Paul …
Kelly Fiveash, 18 Jan 2011
channel

Sage Pay prevents punters blowing Xmas wad

Sage Pay has apologised for a four hour outage yesterday that left online merchants with no way to process payments for Christmas orders. Simon Black, managing director of Sage Pay, said: "I deeply regret the impact that we've had on your business, at what is the worst possible time for our systems to fail." The length of the …
John Oates, 07 Dec 2010
channel

Coffers swell as Sage squeezes more juice from flat revenue

Shares in small biz accountancy provider Sage are up over four per cent this morning after the company announced a return to growth. Sage said revenues were flat compared to last year but profits were up 20 per cent. For the full year Sage made £1,435m compared to £1,439.3m in 2009; this is effectively unchanged once currency …
John Oates, 01 Dec 2010
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Spin-out OS33 uncloaks in puff of cloud, lets tools hang out

A startup called OS33 has just come out of stealth mode and wants to run your cloudy infrastructure from its cloud-based tools. This is what you might call cloud-on-cloud action. The company, which is based in the unlikely IT hot-spot of Brooklyn, New York, is a spin-out of a managed service provider called, appropriately …
fingers pointing at man

PayPal hardware failure fingered for worldwide outage

Hardware failure hit PayPal on Friday, leaving the payment service unavailable for around two and half hours. A network hardware failure in one of its data centres and the failure of back-up systems to kick in as quickly as planned meant the service was unavailable for around two hours on Friday morning (US Pacific time). A …
John Leyden, 01 Nov 2010
globalisation

Sage Pay says sorry for upgrade shambles

Sage Pay has apologised for an upgrade of its systems that left many of its 32,000 customers in the UK and Ireland unable to process transactions on Monday. The problems, which rendered the payment processor's core system intermittently unavailable on Monday and continued to produce complaints on Tuesday, have been resolved, …
John Leyden, 27 Oct 2010
For Sale sign detail

Sage Pay upgrade woes hit merchants

Thousands of e-commerce merchants are still struggling to process transactions following problems with a weekend upgrade by payment processor Sage Pay. The upgrade was designed to make transaction processing faster and more resilient for the 32,000 merchants in the UK and Ireland who rely on the firm's service to handle e- …
John Leyden, 27 Oct 2010

Opinion

Microsoft CEO Satya Nadella
Stranded_ships

Chris Mellor

Thousands of layoffs announced as spinning rust enters its death spiral

Chris Mellor

BTIG analysts ponder Pure's position and fall in (qualified) love

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Tough question, pic via Shutterstock
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