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  • Softcat breaks through £200m revenue mark

    Softcat is planning to hand outcake and beer to staff after breaking through the £200m revenue mark in its financial year, beating its own forecasts. Although the reseller hasn't broken down any other figures it has revealed that revenue has al... 

  • Zycko managing director spearheads MBO

    Networking and comms distributor Zycko has been sold off to a management buyout spearheaded by the group's managing director as the founder of the company Rory Sweet moves on. The deal, which was struck for an undisclosed sum, not only involves the g... 

  • Fear over bank rejection leaving SMEs without funds

    SMEs appear to be losing confidence with the banks with a significant number not even bothering to apply for loans despite the fact they need the funds. There are even more waiting to add to the disappointed figures with many that require loans to f... 

  • Caan expresses fears over SME security

    Symantec has been offering small business partners and customers the chance to quiz former Dragons Den star and entrepreneur James Caan to get advice from the multi-millionaire. The security vendor hosted a Twitter debate this lunchtime providing ac... 

  • Investment doubled for Tech City

    The Tech City Launchpad competition for East London hunting for innovative and creative digital businesses is now looking for 20 firms to receive a £100,000 grant instead of the original 10, writes Linda Endersby. The Technology Strategy Board... 

  • Results on Target for component distributor

    Yorkshire based distributor Target Components has announced record results for year ending 31st March 2011, with pretax profits of £700K, writes Linda Endersby. Turnover for the year was £19.8m, up 13%, and the pre tax profits showed a s... 

  • Caution remains as tech sector failure rates remain stable

    The IT sector continues to show stability in the number of firms hitting the wall showing its resilience and well placed position compared to some other areas of the economy. According to the latest insolvency figures from Experian the number of IT ... 

  • Worldwide IT spend on track for 7% growth in 2011

    Global IT spending remains on course to grow 7.1 per cent this year, say Gartner analysts in their latest quarterly spending forecast, with cloud computing spend growing fastest of all. Gartner's number crunchers have revised the overall forecast up ... 

  • Resellers told to name and shame late payers

    Resellers are being urged to anonymously name and shame late paying companies to tryto pile the pressure on those trying to stretch out clearing invoices. Late payment has been a bugbear of the channel throughout the recession but is continuing to ca... 

  • Data is the new oil? That's just too much

    Judging by Google, there seem to be a lot of people around at the moment who are opening their presentations with the bold statement that "data is the new oil". It's a pretty exciting and thought-provoking way to get people's attention....