Competition for developers ‘putting technology firms under pressure’
Competition for skilled developers is putting firms under pressure and could potentially stifle the growth of the North West technology sector, according to research by the insolvency and restructuring trade body R3 in conjunction with Manchester Digital, the trade association for digital business in the North West. They say that the skills shortage is creating […]
Intechnica secures £900k funding from Mercia Technologies
Manchester firm, Intechnica, has secured a £900k investment to develop its TrafficDefender product. The company has received the funding from Mercia Technologies, the Greater Manchester Investment Fund and three business angels – namely Charlie Sharland and Tony Bolland (who backed Appsense) and Mobica founder, Mike Gibbons. Its TrafficDefender product has been created to help businesses […]
Telecoms firm leads the way with durable thermal imaging phone
Sunderland-based telecoms and IT company CCS is offering the world’s first thermal imaging smartphone helping businesses across a wide range of sectors and especially useful for public services such as fire brigades and police forces. The CAT S60, manufactured in the UK by the Bullitt Group under license from Caterpillar, allows users to see in complete […]
Revenues jump at managed services and cloud integrator Sysgroup
Total revenues have jumped by two-thirds at Liverpool-based managed services and cloud integrator SysGroup, with chief executive Chris Evans hailing the company’s performance during “a year of both significant progress and change for the group”. SysGroup has posted total revenues including discontinued operations of £7.9 million for year ending 31 March 2017, which represents a year-on-year […]
Supercomputing startup Ebb3 gets £1 million funding
Cheshire-based Ebb3 specialises in the virtualisation of 3D graphical applications, and has raised £1 milllion from Maven Capital Partners. Maven, a venture capital trust (VCT), has also reserved up to £500,000 for follow-on investment in the business. Ebb3 will use the money to hire more people and to expand its offering. Mark Vickers, CEO at Ebb3, commented: […]
Jake Berry named as new Northern powerhouse minister
Jake Berry hase been named as the successor to Andrew Percy as Northern Powerhouse minister, the third MP to have taken the post since it was created two years ago. The MP for Rossendale & Darwen, Berry has replaced Andrew Percy, who stepped down from the role after less than a year in charge. Prime Minister […]
Electronics firm Filtronic announces ‘robust’ result predictions
AIM-listed electronics manufacturer Filtronic has confirmed that it is expecting to post revenues of £35 million for its financial year. The Leeds-headquartered business designs and manufactures microwave electronics products for wireless telecoms infrastructure projects expects to report revenue of approximately £35.4m, more than double 2016’s total of £13.6m, following its audit. The results for the […]
Sheffield software developer acquired for undisclosed sum
A national accountancy software firm has acquired a Sheffield-based developer that specialises in the education market. IRIS Software Group acquired education software as a service specialist Results Squared for an undisclosed sum. Headquartered on Savile Street in Sheffield, Results Squared has developed software for school messaging apps that are used across the UK. Founded in […]
Leeds telecoms firm snapped up by acquisitive group
A £16m-turnover telecommunication business headquartered in Leeds has been bought by an acquisitive group headed up by a North West Business Insider 42 under 42 alumnus, creating a group with sales of £50m. Elitetele.com, a unified communications provider, has taken over Nexus Telecommunications in its largest deal to date. The acquisition is Elite’s 15th since […]
Hedgehog Lab and Fuse Telecom scale up at Generator Studios
Newcastle’s Hedgehog Lab has expanded its headquarters at the Generator Studios after posting a huge rise in sales. The technology consultancy, which boasts offices in London, Boston, Austin, Denmark and India, has leased space extending to 7,500 sq ft having outgrown the initial 1,700 sq ft of space acquired in 2012. The additional space is a […]
Vimto Out of Home selects Portech for workforce management
Warrington’s Vimto Out of Home (OoH), the 40-year veteran drinks industry supplier has consolidated its distribution, scheduling, billing and stock management with Portech Systems’ Field Service Executive (FSE) workflow management system. Following Vimto OoH’s acquisition of frozen drinks supplier The Noisy Drinks Co. in 2015 the company had been operating a combination of paper-based job […]
Industrial IoT firm Prismtech expands Gateshead presence
Industrial IoT firm PrismTech has taken space at a refurbished building on Gateshead’s Team Valley. PrismTech supplies data connectivity and IIoT platform solutions, tools and professional services its customers need to build Industrial IoT systems. PrismTech has twice been named a ‘Cool Vendor’ by Gartner. Now, it’s moved to a property formerly known as Talipot […]
FHL joins forces with Kyriba to deliver secure cloud treasury solutions
Kyriba Corp. a provider of cloud-based treasury, cash and risk management solutions, has announced a channel sales partnership with cloud solutions provider, FHL, a provider of NetSuite products in Europe and NetSuite’s EMEA Partner of the Year 2017. FHL’s 150+ NetSuite customers now have access to Kyriba’s cloud-based solutions. Security is a growing issue for treasury and finance professionals, […]
New Leeds Tech Hub drives investment boost for digital sector
Four projects supporting the growth of businesses in the Leeds digital sector have been awarded a cut of nearly £2.7 million of funding. One of the schemes to be given the green light includes the creation of a new Tech Hub created at Platform, above Leeds railway station. Once open, the new Tech Hub will […]
New finance director joins electronics firm Stadium Group
Technology company Stadium Group has appointed a new group finance director. Winston North will officially start on 15 May, and has also been made company secretary. Stadium Group offers fully integrated design-led electronics technology solutions and global manufacturing and fulfilment solutions. North joins Stadium Group, which has operations in Reading, Hartlepool, Eastleigh and Norwich from, from […]