News

 

Friday 21 September 2018

*NEW RESEARCH* Record funding for UK/Irish tech companies

chartNew record levels of venture capital funding for UK and Irish technology companies were set in Q2 2018 according to the latest data from corporate finance firm, Ascendant. During Q2, a new high of £1.82b was invested in 281 deals of more than £0.5m by 346 investment groups at an average deal size of £6.5m. 59% of the deals involved more than one investor. During June, 101 companies were funded - the first time in the past 21 years that Ascendant has been tracking these deals that the number has exceeded 100.

For more details, and a handy summary of the quarter's venture funding deals, TechMarketView research subscription service clients can download the latest bumper edition of IndustryViews Venture Capital from this link.

Posted by HotViews Editor at '08:55' - Tagged: funding   startup  

Friday 21 September 2018

Apply NOW to join the next Great British Scaleup Event: 13-14 November

Don't miss out on the opportunity to accelerate your company's scale-up journey by applying for our fifth Great British Scaleup Programme event (GBS5) to be held on Tuesday 13th and Wednesday 14th November at the London offices of Great British Scaleup Programme Official Supporter techUK.

logoSuccessful applicants will be invited to participate in a CEO-level, confidential 90-minute workshop session with TechMarketView research directors and executive advisors from Great British Scaleup programme Advisory Sponsor, ScaleUp Group, the team of successful tech entrepreneurs that have been responsible for accelerating growth and achieving over £4b in successful exits at many well-known tech companies.

The workshop session will assess your company’s potential and scalability using the ScaleUp Growth Index®, a proprietary scorecard which identifies areas of your business that might be an inhibitor to achieving extraordinary growth. Unlike traditional company scorecards which focus on past financial performance, the ScaleUp Growth Index® assesses your company’s future scale-up potential and identifies areas to address to become Global Champions.

Nearly 30 ambitious UK tech SMEs have already had their scale-up potential assessed through the TechMarketView Great British Scaleup Programme and are now reaping the benefit of advice on which parts of the business model are constraining growth and what to do about it.

Don't just take our word for it. Here's what CEO's of prior Great British Scaleups have said about the programme:

  • Working with the Scaleup team has been enjoyable … With their experience and market contacts we are on track to partner with a new investor.
  • "The GBS program was an excellent opportunity for an independent review of our business and growth strategy from a team focused on providing unbiased feedback and input"
  • "The assessment process was very rigorous and highlighted strengths and areas of business that require more work, this information was very useful in prioritising our current action plan"
  • "The interview process … allowed us to explore the scaling topics openly and in depth … in a safe environment. In many cases this exposed known challenges but the external insights into those challenges is of great value."

In our experience, the companies that stand to benefit most from the Great British Scaleup programme are typically generating single-digit millions in revenues and already growing at double-digit rates, but are finding themselves resource-constrained, especially cash. Indeed, ScaleUp Group is particularly experienced in assisting companies find Series A-level funding.

If this sounds like your business today – or might well be in the next 12-18 months – then please apply by filling in the application form on the TechMarketView website here by close of business Friday 5th October 2018. There is no charge to participate.

There's more information on the Great British Scaleup page on our website and if you have any other queries about the Great British Scaleup programme, please drop a note to gbs@techmarketview.com.

Posted by HotViews Editor at '06:00'

Thursday 20 September 2018

*NEW RESEARCH* IPP attrition back on the rise

chartIt looks like attrition is back on the rise again at the top-tier Indian pure-plays – but with the notable exception of TCS!

This latest issue of OffshoreViews looks at attrition trends among the leading players, along with our regular results round-up.

This edition also includes an interview by TechMarketView Chief Analyst, Georgina O'Toole with Mastek Group CEO, John Owen along with UK MD, Prahlad Koti.

TechMarketView research subscription service clients can download OffshoreViews Q2 2018 Review from this link.

Posted by HotViews Editor at '07:33' - Tagged: offshore  

Friday 14 September 2018

Oh what a night!

picMany thanks to all our clients and friends who joined us for our sixth annual TechMarketView Evening last night at the imposing Royal Institute of British Architects.

All the feedback suggested that this was the best event we have ever run in every respect. The speakers were engaging, the content enlightening and the networking 'par excellence'. Add in the welcome drinks reception and first-class dinner and, as they say in the classics, 'what's not to like?'.

We have to thank our special guest, Andrew Johnson, Integrated Solutions Manager at Shell Retail, who was interviewed by our very own Martin Courtney. A new double-act is born!

Of course, the evening would not have been possible without the generosity of our sponsors, InterSystems, Aqilla and Brands2Life. And the event simply would not have run as flawlessly were it not for the magnificent efforts of Tina Compton and Tina Gallagher and their event management team at tx2events.

We'll be putting the photos up on our website next week so those there can remember the evening and those that didn't can see what they missed!

Posted by HotViews Editor at '08:32'

Thursday 13 September 2018

Tonight's the night!

Tonight's the night you've all been waiting for! We're really looking forward to welcoming our guests to RIBA from 6.30pm tonight for the much anticipated 'Evening with TechMarketView 2018'. We'll begin with a drinks reception, sponsored by InterSystems, followed by an hour of insight from our analyst team and guest speaker Andrew Johnson from Shell, and then enjoy a three course dinner. As a reminder, the dress code is business attire.

If you've left it to the last minute and would like to come, please do contact Tina Compton on 07710 320798  to see if we can squeeze you in.

For full details of the evening see our website: TechMarketView Presentation & Dinner 2018.

TMVE image

Posted by HotViews Editor at '09:12' - Tagged: event  

Wednesday 12 September 2018

It's 'An Evening with TechMarketView' tomorrow!

We have just a handful of places left at our annual 'Evening with TechMarketView' event tomorrow so if you want to join us and haven’t booked yet contact Tina Compton at our event management partner, tx2events on T: 020 3137 2541 and we'll do our best to squeeze you in!

TMVE imageHosted by TechMarketView Chairman Richard Holway MBE, the evening is centred around TechMarketView's theme for 2018, 'Breaking the Boundaries', and is sponsored by InterSystemsAqilla and Brands2life.

We’re expecting some 200 leaders from tech industry giants, mid-market specialist suppliers, aspiring 'Great British Scaleups' and innovative early stage companies, as well as advisors, investors and end-user organisations, to join us for an opportunity to learn what TechMarketView believes the future may hold!

For full details of the evening see our website: TechMarketView Presentation & Dinner 2018.

Event Details

Date: Thursday 13th September 2018
Venue: Royal Institute of British Architects, London 
Registration & Drinks Reception: 6:30pm. An extended networking drinks reception commences from 6:30pm sponsored by InterSystems. This will be followed by the speaker sessions and a first-class silver service dinner.

Proudly supported by

Interstystems company logo

Aqilla company logo Brands 2 Life

Posted by HotViews Editor at '09:12' - Tagged: event  

Wednesday 12 September 2018

*NEW RESEARCH* Conduent: Becoming a Digital Interactions Company

ConduentConduent is a little over a year into a three-year plan to become a more focused and more profitable business that has already seen it take a number of measures to slim down. 

Conduent inherited a portfolio of services that covers a broad range of segments, from call centres, to tolling to HR outsourcing to payments and Finance and Accounting (F&A). Its focus on integrating and knitting this together is to define itself as a business managing the ‘digital interactions’ with the end customer / the citizen / the employee rather than be another business services provider.

This is a bold vision to define itself around the ultimate service user and will take time to articulate to the market. Currently and despite its long heritage Conduent remains to many an unknown quantity. The spin out from Xerox has given it a great opportunity to redefine what the business is about and where it can best add value. The hard work continues to showcase its capabilities and prove that it has a distinct proposition.

TMV recently spent some time with Srikanth Iyengar - Group Chief Executive, Europe to get a better understanding of where Conduent is heading.

Click to download Conduent Leadership Q&A: Becoming a Digital Interactions Company. If you are not a subscriber, you can contact Deb Seth for details.

Posted by Marc Hardwick at '08:16'

Monday 10 September 2018

TechMarketView Evening this Thursday: Book one of the last few places today!

We're busy with the final preparations for our flagship annual Presentation and Dinner at the Royal Institute of British Architects this Thursday and we’re looking forward to seeing so many of our UKHotViews readers there.

We have just nine places left so if you haven’t booked yet contact Tina Compton at our event management partner, tx2events on T: 020 3137 2541 without delay to secure your ticket.

TMVE dinnerHosted by TechMarketView Chairman Richard Holway MBE, the evening is centred around TechMarketView's theme for 2018, 'Breaking the Boundaries', and is sponsored by InterSystemsAqilla and Brands2life.

We’re expecting some 200 leaders from tech industry giants, mid-market specialist suppliers, aspiring 'Great British Scaleups' and innovative early stage companies, as well as advisors, investors and end-user organisations, to join us for an opportunity to learn what TechMarketView believes the future may hold!

For full details of the evening see our website: TechMarketView Presentation & Dinner 2018.

Event Details

Date: Thursday 13th September 2018
Venue: Royal Institute of British Architects, London 
Registration & Drinks Reception: 6:30pm. An extended networking drinks reception commences from 6:30pm sponsored by InterSystems. This will be followed by the speaker sessions and a first-class silver service dinner.

Proudly supported by

Interstystems company logo

Aqilla company logo Brands 2 Life

Posted by HotViews Editor at '09:11'

Thursday 06 September 2018

TechMarketView Evening 2018: One week to go, don't miss out!

Excitement is building ahead of the annual TechMarketView Presentation and Dinner next Thursday and we’re looking forward to seeing so many of our UKHotViews readers there.

If you haven’t booked a place yet, there is still time. Contact Tina Compton at our event management partner, tx2events on T: 020 3137 2541 to secure your place.

Hosted by TechMarketView Chairman Richard Holway MBE, the evening is centred around TechMarketView's theme for 2018, 'Breaking the Boundaries', and is sponsored by InterSystemsAqilla and Brands2life.

TMVEWe’re expecting some 200 leaders from tech industry giants, mid-market specialist suppliers, aspiring 'Great British Scaleups' and innovative early stage companies, as well as advisors, investors and end-user organisations, to join us for an opportunity to learn what TechMarketView believes the future may hold!

For full details of the evening see our website: TechMarketView Presentation & Dinner 2018.

Event Details

Date: Thursday 13th September 2018
Venue: Royal Institute of British Architects, London 
Registration & Drinks Reception: 6:30pm. An extended networking drinks reception commences from 6:30pm sponsored by InterSystems. This will be followed by the speaker sessions and a first-class silver service dinner.

Proudly supported by

Interstystems company logo

Aqilla company logo Brands 2 Life

Posted by HotViews Editor at '09:09'

Thursday 06 September 2018

*NEW RESEARCH* Business Process Services Market Trends & Forecasts 2018

Our Business Process Services Market Trends & Forecasts 2018 report is available to download HERE.

BPS market trendsBusiness Process Services (BPS) is forecast to remain the fastest growing horizontal service line within the UK SITS market over the next five years through 2021.

Whilst headline growth has slowed relative to recent years as large scale ‘lift and shift’ outsourcing has become less fashionable, the increasing investment in tech-enabled or platform-BPS coupled with the popularity of on-demand or as-a-service solutions will ensure that this market continues to expand over the next five years.

Much of this growth will be experienced in the Private Sector where (particularly outside of Financial Services) growth will be well above the overall market level. The Public Sector and particularly its biggest sub-sectors of Central and Local Government will remain subdued where budgets remain tight and investment decisions are delayed.

Business process consulting, digital transformation and data analytics services, are also areas where we expect to see strong demand, assisting clients in digital process redesign and in making improvements to customer experience.

The wider political, economic and regulatory environment will of course have a very big impact on future prospects with Brexit, the potential loosening of austerity and wider economic performance all prominent. 

Click to download Business Process Services Market Trends & Forecasts 2018. If you are not a subscriber, you can contact Deb Seth for details.

Posted by Marc Hardwick at '06:20' - Tagged: outsourcing   bpaas   automation  

Wednesday 05 September 2018

*NEW RESEARCH* Infrastructure Services Market Trends & Forecasts to 2021

Available now to subscribers of our ever-popular Infrastructure Services research programme is Infrastructure ISServices Market Trends & Forecasts (2018-2021).

Now is the time to change. The Software and IT Services markets are in a state of flux. Emerging and rapidly changing technologies mixed with a desperate need to cut costs and supercharge innovation (and topped off with a big dollop of macro-political unknowns) has created widespread uncertainty.

However, we believe that within this maelstrom there also exists a great opportunity to thrive – for those that are fit enough for the challenge. 

This anchor report - a key component of our Infrastructure Services research programme - includes brand new forecast data, an explanation of key trends, and advice for suppliers.

Produced annually, the report has become essential reading for players in the Infrastructure Services market.

Download it here: Infrastructure Services Market Trends & Forecasts (2018-2021). If you are not a subscriber, please contact Deb Seth for details.

Posted by HotViews Editor at '09:59' - Tagged: outsourcing   cloud   datacentre   infrastructureservices   AI  

Wednesday 05 September 2018

Stand by for growth: GBS5 is coming!

logoThere's not long to wait before the launch of the fifth in the series of our Great British Scaleup workshops!

Well over twenty UK tech SMEs have benefited from the advice and experience of the TechMarketView research team and corporate advisors ScaleUp Group since the launch of the programme in March last year. Another eight companies will be selected to participate in GBS5 in November.

Keep an eye out on UKHotViews over the next couple of weeks for details how to apply. It's absolutely free.

You can check out the comments from previous participants here and feel free to drop a line to gbs@techmarketview.com for further information.

Posted by HotViews Editor at '09:05' - Tagged: gbs  

Tuesday 04 September 2018

*NEW RESEARCH*: Application Services Market Trends and Forecasts 2018

The Application Services Market Trends & Forecasts 2018 report is hot off the virtual press and ready toCover download HERE.

With growth of just 1.5% in 2017, Application Services (AS) performed slightly less well that than the overall UK SITS market. The AS arena continues to be shaped by the interaction of a complex set of countervailing forces. On the current market trajectory, there will only be modest annual increases in AS expenditure during the forecast window.

Beneath this somewhat placid surface, however, the AS market is being radically redefined as digital breaks the boundaries that both surround and segment the arena. As we look at the 2017 – 2021 timeframe, rotation to “the new” will more than double demand for digital, platform and cybersecurity related AS. These services will account for 60% of the market just four years from now. Change of this scale and at this place creates both significant opportunities and existential threats for all who make their livings in this space. Understanding these dynamics and the potential responses to them are prerequisites for suppliers and enterprises alike.

The report explores the “what” and the “why” of the forces at play in what next year will be the largest segment of the UK IT services market. It also looks at the “how” of adapting to and prospering in this rapidly evolving environment.

Application Services Market Trends & Forecasts 2018 is available to TechMarketView subscribers who take the ESASViews research stream. If you don’t have a subscription and would like details please contact Deborah Seth.

Posted by HotViews Editor at '07:00' - Tagged: ApplicationServices   research   research   research   research   research  

Monday 03 September 2018

Don’t miss your chance to join us for dinner on 13 Sept!

Excitement is building ahead of the annual TechMarketView Presentation and Dinner next week and we’re looking forward to seeing so many of our UKHotViews readers there! If you haven’t booked a place yet there is still time, click here or contact our event management partner, tx2events on T: 020 3137 2541 to secure your place.

Hosted by TechMarketView Chairman Richard Holway MBE, the evening is centred around TechMarketView's theme for 2018, 'Breaking the Boundaries', and is sponsored by InterSystemsAqilla and Brands2life.

TMVEWe’re expecting some 200 leaders from tech industry giants, mid-market specialist suppliers, aspiring 'Great British Scaleups' and innovative early stage companies, as well as advisors, investors and end-user organisations, to join us for an opportunity to learn what TechMarketView believes the future may hold!

For full details of the evening see our website: TechMarketView Presentation & Dinner 2018.

Event Details

Date: Thursday 13th September 2018
Venue: Royal Institute of British Architects, London 
Registration & Drinks Reception: 6:30pm. An extended networking drinks reception commences from 6:30pm sponsored by InterSystems. This will be followed by the speaker sessions and a first-class silver service dinner.

Proudly supported by

Interstystems company logo

Aqilla company logo Brands 2 Life

Posted by HotViews Editor at '08:37'

Monday 03 September 2018

*NEW RESEARCH* Enterprise Software Market Trends & Forecasts to 2021

imageEnterprise software is an exciting - and frustrating - phase of development. Despite outperforming the UK SITS market, growth was just 2.2% in 2017.

To understand the contradictions, read Enterprise Software Market Trends & Forecasts to 2021, which includes the latest UK market sizing and growth data.

Achieving the digital business ambitions enterprises are grappling with is pushing software to break all manner of boundaries and changing the very structure of the market. There is inexorable SaaS adoption, the shift towards insight and data driven interfaces via AI/machine learning, applications as malleable services and technology stacks, and widely connected platforms and ecosystems. These advances create new possibilities, bring new levels of complexity - and drive enterprises to reassess their relationship with suppliers.

As enterprises explore digital prospects they expect more from their suppliers. This is pushing software suppliers outside their comfort zones and deeper into areas such as component lifecycle management, and data management. And as connected digtial businesses don't 'see' discrete functions, software, business processes and infrastructure boundaries are breaking.

Click to download Enterprise Software Market Trends & Forecasts to 2021. If you are not a subscriber, you can contact Deb Seth for details.

Posted by Angela Eager at '07:15' - Tagged: markettrends   software   AI   machinelearning   MarketForecasts