Former IBM chief Glen Boreham joins Data#3 board

Former IBM chief Glen Boreham joins Data#3 board

The ASX-listed company also reveals solid outlook in first half of FY12

Former IBM A/NZ managing director, Glen Boreham, has joined Data#3’s board of directors as a non-executive director.

“Glen’s industry experience at the highest level will prove invaluable for Data#3 as we meet the challenges and opportunities of growing our business in the years ahead. Our customers, shareholders and people will benefit from the skills and experience he brings,” Data#3 chairman, Richard Anderson, said in a statement to the ASX (ASX:DTL).

Boreham’s career spans 25 years at IBM and for the last five years he was the managing director in the A/NZ market.

Data#3 also held its Annual General Meeting for shareholders, revealing a solid outlook for the first half of FY12, despite market uncertainty as well as the financial and political climate.

“The market uncertainty I referred to is causing some customers to defer capital expenditure for hardware product and others to delay strategic transformational decisions and their associated IT products,” Data#3 managing director, John Grant, said in his address to shareholders. “This is impacting on growth of our Product and Integrated Solutions businesses. Offsetting this, sentiment towards and growth of our Software Licensing, Managed Services and People Solutions businesses remain positive

“Taking into account preliminary October numbers and forecasts for November and December, we’re expecting relatively strong growth in revenues which is very pleasing and indicative of our ability to win market share.”

Grant, said to maintain leadership in the market it recognised the need to continue to invest in recruiting and developing the right people, in its customer offerings, and strengthening its partnerships, as well as continuing to drive efficiency and productivity within its business.

It plans to ramp up its service capabilities in Symantec and Cisco technologies and will be expanding and developing its solutions offerings to customers. This includes investing in developing its own Trusted Cloud for Software and Infrastructure-as-a-Service deployed from leased space across premium datacenters in Australia.

So far this calendar year, Data#3 has invested close to $6 million in new premises. This includes its new headquarters in Brisbane, relocating its warehouse and integration centres in Sydney and Melbourne; refurbishing its North Sydney office and is currently undertaking similar work in its Melbourne office.

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Tags IBMData#3John GrantGlen Boreham


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