Tag: IT services

GlobalData: Major IT service came under bottom-line pressure in 2020

GlobalData: Major IT service came under bottom-line pressure in 2020

For IT service providers, 2020 was one of the most challenging years for revenue growth. Their profitability fell as organizations resorted to cost optimization amid the COVID-19 crisis. According to analysis by GlobalData, a leading data and analytics company, 50% of the top 20 IT service providers by revenue reported YoY revenue decline in 2020, while nine saw a drop […]

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NATO selects Thales to supply its first defence cloud for the armed forces

NATO selects Thales to supply its first defence cloud for the armed forces

NATO has selected Thales to provide the first certified defence cloud solution that can be deployed in the theatre of operations in less than 24 hours. Thales was selected after a worldwide competitive tendering process on the basis of its defence systems integration know-how. With this contract, the Group enters a new market sector and demonstrating its capacity to integrate […]

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