Softcat beats analyst expectations as profit jumps Tech UK tech infrastructure firm Softcat beat analyst expectations last year as profit growth accelerated into the double digits over the last six months of the year. Gross profit at the firm increased by 12.1 per cent to £220.2m, above analyst expectations of £218.3m, Softcat revealed in its half-year report. Meanwhile, operating profit climbed 10.4 per [...]
The UK tech and media companies making the most of AI Tech As the artificial intelligence (AI) revolution sweeps through the tech and digital media sectors, some companies are embracing its potential more effectively than others, according to a recent report by Shore Capital. The investment firm has zeroed in on companies where AI is more than just a buzzword and can “accelerate an already positive investment [...]
Softcat to offer new machine learning services with AI specialist Sysgroup TECH Softcat has partnered with artificial intelligence specialist Sysgroup, in a move bosses hope will expand its machine learning customer-base.
Softcat set to benefit from increasing demand for AI, data management and cybersecurity March 26, 2024 Softcat said the outlook for growth in the UK IT market was highly encouraging