Cognizant warns of longer sales cycles
Cognizant, the US-listed Indian IT business saw its Q2 revenue of $2.52bn up 16.5% from the year-ago period and up 3.9% sequentially. Business in Europe rose 20% yr/yr, but it is warning of longer sales cycles.
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US analytics specialist comes to Adriatic market
US-based predictive analytics applications specialist RapidMiner has announced its move into the Adriatic market through its partnership with CRMT, a Slovenia-based consultancy in corporate performance management, business intelligence and data integration.
EMC names new channel head for UK and Ireland
EMC has appointed Russell Poole as its new Head of Channel for the UK and Ireland.
Cisco mid-year security report highlights vertical market attacks
The Cisco 2014 Midyear Security Report examines the "weak links" in organisations that contribute to the increasingly dynamic threat landscape.
EPAM grows to over 10,000 staff
US-listed Central and Eastern European IT services firm EPAM Systems delivered Q2 revenues of $174.7m, up 31.2% yr/yr, 9% sequentially. The company now employs over 10,000 people.
Insight names new VP Sales & Marketing EMEA
IT specialist Insight has named Alexander Kaatz as VP Sales & Marketing EMEA. He joins from Systematic Inventive Thinking.
Card fraud in Europe reaches new high
Card fraud has reached in new high in Europe, with France and Greece leading the list, Russia being the fastest growing. FICO, a predictive analytics and decision management software maker has a new analysis of card fraud in Europe showing that card fraud losses in 2013.
Tech Mahindra falls back in Europe
Tech Mahindra shares fell 5.5% as the Indian giant reported lower-than-expected margins in the June quarter.
Exclusive Networks in first move outside Europe
Exclusive Networks has bought Australian distributor WhiteGold Solutions, an independent value added distributor of IT security, networking, converged infrastructure and datacentre solutions based in Sydney.
New networking R&D lab in Europe
UK-based data networking solutions provider Brand-Rexis opening a new European R&D Laboratory as part of its technology investment programme.