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Computacenter
scaling strongly
Acquires US IT Services
provider w $120m revs
Computacenter the international IT reseller is expecting to report $13Bn gross revenues 2025, has published is Q1'26 trading update. CEO Mike Norris said "We're pleased with our execution in
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IBM: an Inverted
Business Model?
Second growth Q since '15!
Can it compete in AI/Cloud?
IBM paused its 15yrs long slide in Q1'26 with stronger sales growth, primarily in software/hybrid cloud. Can ceo Arvind Krishna's "These results reflect the integrated value of our portfolio" transform the old giant into a serious competitor? Sales volume now down -30% on 2019. Full analysis here, first
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Best Buy bids
bye bye Barry
Stagnant? New boss
same as the old boss?
US electronics retail giant Best Buy today announced chief customer officer Jason Bonfig will succeed Corie Barry as CEO. Years of tepid sales growth has weighed on its stock in a growing tech market; moreover, slow to adapt to the explosive growth in ecommerce v Amazon. Strange appointment given Bonfig has been with BB for 25 years? Full analysis here, first
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UK lagging behind
global AI leaders?
Gets huge investment from
Microsoft, Amazon, OpenAI
"UK businesses are falling behind global leaders with regard to the adoption of AI tools", according to PwC. Moreover, "Shutting out US investments to develop UK capabilities would be a “dead end”. These related articles were written by Chris Dorrell inThe Times. Is this correct? We get the views of our reliable experts. Full analysis here, first...tomorrow
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A L S O a
dvances
with WCoast wave
Strong Cloud momentum and
positive entry into US market
Swiss-HQ distributor ALSO Group has posted Q1'26 results, driven by momentum in its cloud business and recent acquisitions. The purchase of UK based Westcoast added substantially to revenue growth with organic increases in the sigle digits. “Our success is based on breadth and quality of its business models"” said CEO Wolfgang Krainz. Full report analysis here, first...
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S C C on course
for simplification
"Investing in core functions:
cloud, cybersecurity & AI”
Russell Brown, new CEO of SCC UK has set a decisive course to prioritise the simplification of a business he has long called a competitor. He brings 20 years' experience at Computacenter. In an interview with CRN, he explains that his immediate priority at the helm is not to revamp the business, but to reduce internal complexity. Full interview here, first...
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TDSynnex surges
on AI/W11 demand
$68Bn IT wholesaler gets price
boost; & gains market share
TD Synnex, the $68Bn #1Global IT wholesaler benefited from high demand for AI PCs and the Windows 11 refresh. CEO Patrick Zammit stated "we delivered record gross billings up +20.%. Our results reflect strong performance across both our distribution and Hyve businesses". Q1'26 report analysis here, first ,...
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Currys chief out
after 8yrs' decline
Baldock's baloney ends after
sinking sales and market cap
UK based electricals and tech retailer Currys is waving goodbye to CEO Alex Baldock after 8 yrs of bluster and blame of outside factors for its -20% decline in market cap; and 40% drop in sales volume; in a growth market. We feel analysts' and media have been fooled by his hollow rhetoric and outspoken smarm offensives? Full story here, first
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ECI expands legal,
acquisition actions
Appoints CLO, sues ESND
makes 5th addition in 2yrs
Leading business supply industry systems provider ECI Software Solutions, $500m in revenues, just made its 5th specialist IT solutions provider acquisition in the past 2yrs. Moreover, it appointed a chief legal officer in Feb ahead of suing ex-OP wholesaler Essendant for breach of contract. Full story here, first...
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HPE: Lynch estate
to pay $1Bn+ comp
'Dark Arts' Autonomy case
hits discounted conclusion
The estate of the late Autonomy boss Mike Lynch has been ordered to pay £920m ($1.2Bn) to Hewlett Packard Enterprise (HPE) two years after he died in a superyacht disaster in the Med. Given HPE wrote off $9Bn of the $11Bn purchase price, it will be seen as a huge discount for the biggest fraud in 21st Century business supply history. Full story here, first...
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