PCR Tech and IT retail, distribution and vendor news

Terrible Christmases have been few and far between for the nation’s shopkeepers, but retailers are now bracing themselves for the worst festive season since 1981 after Brits report financial woes from being hit so hard in the pocket by Covid. A quarter of shoppers have seen their income hit since …

Zoom Video Communications, Inc. has announced financial results for Q3 2020. “Strong demand and execution led to revenue growth of 367% year-over-year with solid growth in non-GAAP operating income and cash flow in our third fiscal quarter, said Zoom founder and CEO, Eric S. Yuan. “We expect to strengthen our …

SingleStore, The Database of Now, is supporting the Nucleus Security vulnerability assessment software-as-a-service offering for vulnerability management. “Enterprises often overlook threats due to the speed, size and complexity of data,” said Nucleus Security CEO Steve Carter. “But SingleStore delivers the speed and scale required to respond to vulnerabilities and threats …

ServiceNow is to acquire Element AI, an artificial intelligence (AI) company with deep AI capabilities. Element AI Co-founder and Lead Fellow, Dr. Yoshua Bengio, a winner of the 2018 ACM A.M. Turing Award for his pioneering contributions to modern AI, will serve as a technical advisor for ServiceNow. With this …

Agilitas IT Solutions, has completed a management buy-out led by Shaun Lynn alongside significant investment from the international private equity and growth equity investor Perwyn. Perwyn have acquired a majority stake in Agilitas and will support the team’s growth ambitions including international expansion, service acceleration and potential M&A. Agilitas channel …

Retail experts now warn of a tough December for the high street, after a record-breaking Black Friday weekend in online sales. Digital commerce and location intelligence experts from GBG offered the warning, in a comprehensive new report on consumers’ festive shopping hopes and fears: Christmas Unwrapped. GBG, whose eCommerce experts work with over half …

Nigel Seddon, VP Northern Europe, Ivanti explores the opportunities that remote working has bestowed on many businesses and their staff. It’s fair to say that businesses in every sector have experienced a major evolution in the way they work over the past nine months. With COVID-19 showing no signs of …

This year, companies of all sizes have turned to the cloud to meet the needs of newly distributed workforces and maintain operational efficiencies. Gartner predicts this trend will continue into 2021, with public cloud spending expected to grow by 18.4% next year. Yet, while 2020 saw businesses innovate to keep pace, in …

E-commerce holiday sales are expected to generate between $182 billion and $196 billion this season — a year-over-year increase of 25% to 35%, according to Deloitte’s annual forecast. According to the Global Information Security Survey by Ernst and Young, customer information is the most valuable type of data for most attackers. The threat to cybersecurity …

OnBuy has discounted more than £50 million in prices in an exclusive one-day sale event for Black Friday.  The marketplace has discounted every single product so buyers can enjoy guaranteed savings of up to 75% at no additional cost to sellers – the savings come straight out of OnBuy’s pocket! …

The renewed partnership means that MVNOs of all sizes, in a broad spread of industries, continue to benefit from Transatel’s value-added services. In the UK, that includes utility companies (Utilita, Ecotalk), community-based MVNOs (China Telecom Europe), B2B reseller MVNOs (Abzorb), and retail MVNO brands (Plusnet, The Phone Co-op). Transatel’s partnership …

Giacom is being acquired by Digital Wholesale Solutions (DWS). As remote working and cloud-based collaboration accelerates the convergence of unified communications and IT, both companies are excited about the potential growth opportunity. Giacom’s CEO Mike Wardell will remain in post, leading the Giacom business with the support of his existing …