Ovum research shows IT services market endured a dismal end to 2012

London, 18 March 2013 – Last year was the worst for IT services contract activity since 2002, according to research from Ovum. Performance in the three months to the end of December 2012 fell well below the levels seen in the same period of 2011, ensuring that annual...

Ovum comments: Oracle to acquire vendor Acme Packet

Oracle has announced its intent to acquire vendor Acme Packet. Dana Cooperson, principal analyst believes the acquisition should strengthen Oracle’s hand both with enterprises and carriers by giving it a more central role in controlling and improving how devices and...

Ovum reveals retail banking IT spend to hit $118.6bn in 2013

Moving away from cost cutting, retail banks increase IT spend as they focus on customer satisfaction and revenue growth New York, 4 February 2013 – Retail banks across the globe will see IT spending grow 3.4 percent, reaching US$118.6bn in 2013, as CIOs focus on...
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