UK-based call centre payments and security services specialist Eckoh has been acquired by private equity firm Bridgepoint, in a deal first mooted at the back end of last year. Eckoh will now de-list from London's AIM market.
-Wipro narrowly avoided a return to sequential top line decline, with it posting a 0.1% quarter-on-quarter constant currency increase in sales for the third quarter.
Company revenue for the three months ended 31 December, 2024 came in at $2.63 billion, but this still represented a 0.7% dip in sales when compared to the same quarter last year.
-Over at Tech Mahindra, third quarter sales increased at constant currency by 1.2% quarter-on-quarter, and 1.3% year-on-year to $1.57 billion. The Q3 EBITDA margin was 13.6%, up from the 8.8% seen in the same quarter last time.
-TD Synnex says it now has more than £2 billion in credit lines extended to the UK channel, further enabling partners to do business and meet the changing needs of their end user customers, says the distributor.
-ERP provider IFS says annual recurring revenue (ARR) now exceeds €1 billion, standing at €1.228 billion for the year ending 31 December, 2024.
It says sustained organic growth was fuelled by demand for its industrial AI technologies.
-ServiceNow has announced a major expansion to its global partner programme, including an increased investment in incentives and specialisations, enabling partners to “harness the rapid growth of AI technologies”, said the vendor.
As part of the strategy, both Infosys and Cognizant have been elevated to Global Elite partners, joining an exclusive group of top-tier collaborators like Accenture and Deloitte. “These partnerships are poised to drive innovation and accelerate AI adoption for enterprises worldwide,” said ServiceNow.
New channel programme enhancements include:
Additional product line achievements (PLAs) for Now Assist to “bolster credibility” and support market positioning as a validated and trusted advisor with expertise in ServiceNow AI solutions
Expanded specialisations for partners to showcase their sales, product and customer success across GenAI and industries, including Customer Experience GenAI, Employee Experience GenAI, ServiceOps GenAI, Cybersecurity and Tech Risk
And a new GenAI Customer Value Partner of the Year award will honour partners who have successfully leveraged GenAI to drive customer value
-Offshore service provider Coforge saw accelerated growth in the third quarter, ended 31 December, 2024. Revenue increased at constant currency by just over 40% year-on-year, to around $400m.
-In a trading update for the half year from intelligent automation and customer engagement software provider Netcall, revenue growth of 22% to £23m was expected. This is made up from 12% organic growth combined with sales contributions from recent acquisitions that include Skore, Govtech, and Parble.
Adjusted EBITDA is expected to grow 18% to £5.7m.
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