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

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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why you really need a business plan | Fin24A business plan is a key step in starting your own venture, but for many start-ups, it's also a step that is skipped in the excitement of starting to set up the business. Here's how to lay one out.
Source: Fin24 - 🏆 21. / 63 Read more »

Economic storm looming, business and government leaders warn in Davos | Fin24Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.
Source: Fin24 - 🏆 21. / 63 Read more »