Industry news

Cognizant rounded off FY21 with a strong final quarter. Top line growth of 14.5% at constant currency for the three months ended 31st December lifted full year revenue by 10% yoy to $18.5bn. The 2021 adjusted operating margin improved by 100 bps to 15.4%.

Read the full article here on TechMarketView.com

CGI’s financial results need a bit of scrutiny to get to really understand the picture, at least from a UK perspective. The global headline paints a very strong picture: revenue up 2.4% to CAN$3.09b, or up 6.8% in constant currency, and adjusted EBIT of $521.5m, up 5.2% year-on-year, representing an EBIT margin of 16.9% (up 50bps).

Read the full article here on TechMarcketView.com

We would like to congratulate our members at Coues Consulting! 

The whole company are really proud of the collective achievement. 

The ranking is based on the number of recommendations from corporates & peers, so they are grateful to get this recognition from the industry.

Social media conglomerate Meta is the latest tech company to build an “AI supercomputer” — a high-speed computer designed specifically to train machine learning systems. The company says its new AI Research SuperCluster, or RSC, is already among the fastest machines of its type and, when complete in mid-2022, will be the world’s fastest.

Read the full article here on TheVerge.com

Hewlett Packard (HP) has won a multibillion-dollar fraud case over its acquisition of a British software company.

Cambridge-based Autonomy was sold to the US tech giant for $11bn in 2011.

HP sued its founder and former chief financial officer, claiming they "artificially inflated Autonomy's reported revenues, revenue growth and gross margins".

Read the full article here on BBC News

IBM has released its Q4 financial results, which show for the first time what the company looks like following the separation of the Kyndryl business.

Read the full article here on TechMarketView.com

Indian technology vendor Mphasis has released third quarter results reflecting continued strong revenue growth and improving profits.

Read the full article here on TechMarketView.com

Professional services firm EY is launching a Neuro-Diverse Centre of Excellence in the UK to create a perfect working environment for neuro-diverse tech innovators

Read the full article here on ComputerWeekly.com

ServiceNow wrapped up a stellar year for the business with a strong Q4 performance, continuing to benefit from increased spending on digital transformation and platform automation, as well as a strategy of diversification.

Read the full article here on TechMarketView.com

A new government scheme aimed at helping businesses improve their productivity and sales online has opened for applications.

Read related articles here on ComputerWeekly.com