India adds record renewables capacity in past year
Country outstrips UK, Japan, France and Canada as renewable energy capacity soars India added 2.33GW of grid-connected renewable power capacity during the year to the end of March, according to a statement from the Ministry of New and Renewable Energy, mRead more |
Cisco lifts lid on new partner marketing hub
Partner Demand Centre will serve as central hub for reseller marketing activity Cisco has created a new organisation tasked with boosting the speed and efficiency of partner marketing activities. The Cisco Partner Demand Centre will provide assistance toRead more |
Crime agencies highlight dangers of online scams
Cybercrime awareness day warns internet users that online scams cost victims on average £325 each Cybercriminals cost the British public £3.5bn a year in frauds, scams and identity theft, according to the Serious Organised Crime Agency (Soca)....Read more |
Ruckus asks Top Dogs to prove their pedigree
Vendor hires new UK supremo to back revamped partner programme Ruckus Wireless’ new UK chief is banking on the vendor’s first deal registration scheme and a fortified top-partner level to help grow its reseller base....Read more |
Network provider calls on BT to reveal FTTC postcodes
Fibrestream boss wants Ofcom the put pressure on the telecoms giant Community network specialist Fibrestream has asked UK comms regulator Ofcom to force BT to provide the postcodes that will receive its fibre-to-the-cabinet (FTTC) connection....Read more |
SAP revenue down 10 per cent, but profit up
Business software vendor SAP released financial results for its secondquarter today showing a 10 per cent drop in revenue year-on-year, to $2.58bn
(£1.58bn) from 2008's $2.86bn (£1.75bn).
But SAP's net income of $423m (£258m) showed an increase of four per cent
from last year's $408m (£249m), demonstrating the German firm implementing
significant cost controls.
SAP chief financial officer Werner Brandt said company is dealing with the
challenging economic conditions.
"Strong cost discipline has proven itself once again, enabling us to report
another quarter of strong operating margin growth," he said.
SAP chief executive Léo Apotheker said: “While the operating environment
remains difficult, we are beginning to have improved visibility into the second
half of the year.”
Although software sales crashed 40 per cent in the quarter, the figures were
bolstered by a 20 per cent increase in support revenue.
SAP's chief rival in business software, Oracle, recorded a seven per cent net
income drop, and a five per cent revenue drop in its recent fourth quarter
financial results.
Software giant Microsoft recently reported a revenue fall of 17 per cent with
profit down nearly a third.
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