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Higher IT demand boosts Datatec, which may sell its consulting business | Fin24

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Datatec says it has benefited from the technology demand for networking, security and cloud infrastructure, with an increased software and services mix driving higher recurring income.

Datatec announced on Tuesday that it had entered into negotiations that may result in the sale of Analysys Mason.Chip shortages led to higherDatatec has entered into negotiations regarding a potential sale of its consulting business Analysys Mason.

Datatec announced on Tuesday that it had entered into negotiations that may result in the sale of Analysys Mason. The move is aimed at unlocking value. CEO Jens Montanana said the company benefited from the technology demand for networking, security and cloud infrastructure, with an increased software and services mix driving higher recurring income.

Supply chain issues and global semiconductor shortages created extended lead times on certain hardware product deliveries during the year. The backlogs affected revenue and resulted in significantly higher sales orders waiting to be fulfilled in Logicalis and Westcon.

 

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