Tag: IT services
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Strong Q2 M&A Climate Expected to Continue Through 2014
Categories: Tech CompaniesM&A Increasing M&A Deals There was a total of $26.7 billion in transaction value conducted through 62 deals in the tech industry in the second quarter 2014, up from $14.3 billion from 36 deals in the second quarter of 2013. Stronger Software Market There was a total of $4 billion in software transactions, coming from… Read more
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Business Users’ Demands for App Performance, Availability Accelerate
Categories: Tech AnalysisLost productivity Time Is of the IT Services Essence Business users are more demanding than ever. Indeed, 76% of business end users said they are not willing to wait more than an hour to contact their IT departments, 42% said they would wait only a half hour or less, and 22% are unwilling to wait… Read more
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Gauging the State of the Solution Provider
Categories: CareersSolution providers Hiring Across the Channel A full 87% said they plan to do the same amount or more hiring in 2014 as 2013; 46% say they will hire more. Drivers of Hiring Across the Channel Of the solution providers surveyed, 77% report they are hiring more people to support new clients; 65% are now… Read more
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IT Channel Growth Is in the Cards for 2014
Categories: Tech AnalysisHybrid cloud Looking Up The overall IT industry business confidence index is at 60.2 (out of 100), up 2.1 points from last quarter. Tops in Profitability in 2014 51% of respondents said IT services will be profitable next year, and 41% said software will be profitable. Other promising IT categories for profitability will be telecom… Read more
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Ricoh Deal for mindShift to Bolster White-Label IT Services
With the planned purchase of mindShift Technologies from Best Buy, Ricoh aims to expand the IT services that mindShift currently allows other providers to sell under their own brands. The acquisition of mindShift—expected to close in February—represents an opportunity to bolster a fledgling part of Ricoh’s services portfolio. Known primarily for printers, Ricoh provides managed… Read more
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Avnet Unifies Global IT Services Business
By Gina Roos Avnet Technology Solutions has unveiled a new global business model that combines existing service organizations into one global team focused on software, lifecycle and education services. The move was made to increase operational efficiencies for Avnet’s global services offerings, and to deliver more capabilities to channel partners for greater growth opportunities, while… Read more