Once again we were faced with a topsy turvy week in the Australian IT industry.
There was, of course, some bad news. ASX-listed integrator, ComputerCorp (ASX: CZP), recorded a and 19 per cent dip in revenues for the half-year to December 31, and Sun Microsystems upped its prices by 15 per cent.
But there were also plenty of good stories filtering out of the ASX, some positive channel developments and welcome announcements from the NSW Government.
In financial news, three companies posted strong results to the ASX for the half-year to December 31. Integrator, Data#3 (ASX:DTL), achieved record half-year profits and increased its dividend by 11 per cent.
The company’s revenue also grew 46 per cent to $230 million and after-tax profits were up 9 per cent to $4 million.
Wireless broadband provider, BigAir (ASX: BGL), announced pre-tax profits of $0.85 million and claimed it was on track to meet a full year profit target of $1.5 million.
And 20 per cent growth in the software distribution arm of ASX-listed, Manaccom, (ASX: MNL), helped produce a 34 per cent increase in net profit.
In terms of channel developments, there was, among other stories: Westcon Group introducing a financing offering for resellers covering hardware, software and services; security vendor, Trend Micro, launching its new Affinity channel partner program on the back a 20 per cent headcount increase; and Dataflex celebrating 21 years in business with a complete rebranding and opening of new facilities.
Finally, there was the announcement that the shortlist for the NSW Department of Education and Training (DET) netbooks tender is down to six, with ASI Solutions coming up against Acer, Asustek, Dell, HP and Lenovo.
The shortlist for a second tender for the rollout of wireless connectivity to all schools to support the devices includes NEC, Lenovo, IBM and ASI Solutions.
Fight Back ’09 is an ARN initiative to spotlight the good news stories that hit the news desk amidst the doom and gloom in the Australian market. Business conditions are tough, but smart business can thrive. And at ARN we want to spotlight those Australian companies and entities that are fighting back. So take a step forward and visit Fight Back ’09.