Printable Edition Click Here  :  Subscribe   :   Page  2  : News   :  January 2007 
  Go to page:  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16           Previous Page      Next Page
UK freelancers call for recognition
 
 In his New Year message
to members, the leader
of the UK’s Professional
Contractors Group (PCG)
is calling on
government, industry and
trades unions to
recognise the “third
way” of working.
   David Ramsden, who
chairs the PCG, said:
“Our biggest challenge
is to get across the
very simple message that
not everyone chooses to
 
 be either an employer or
an employee. For too
long, employment & tax
legislation has been
based on the notion that
there are only two ways
of working. Successive
governments have always
talked in terms of
bosses or workers;
Europe cannot conceive
of another way except in
its recognition of ‘les
artisans’ and the
assumption is always
 
 that today’s sole trader
is tomorrow’s Richard
Branson or Alan Sugar.”
   PCG, which aims to
protect and promote the
interests of the UK’s
freelance community, has
announced that in 2007
it will spearhead a
major independent
research project to find
out how many freelancers
there are in the UK, how
they came to choose that
way of working and the
 
 issues that are of
greatest concern to
them.
   “Our membership is
growing and that alone
tells me that more and
more people are choosing
to go freelance. In
every other walk of
life, we celebrate
diversity but not when
it comes to work. Our
task is to continue to
represent those tens of
thousands of people –
 
 creative, innovative,
independent, flexible
and mobile – who play
such a valuable part in
the local, national and
global economy,” said
Ramsden, adding, “my
prediction for next year
is that the research
findings will surprise
an awful lot of
people.”
  
  
 
 
EDS acquires SAP services provider
 
 Electronic Data Systems
Corporation has acquired
Global Enterprise
Management Solutions
(GEMS), a consulting and
information technology
company for the
logistics, manufacturing
and transportation
industries. Transaction
terms were not
disclosed.
 
  
   
 
 
 
 
 deliver on large SAP
engagements as a prime
contractor. It also
allows for greater speed
to market for EDS by
tapping into GEMS' high
level, India-based
expertise of SAP
solutions.
   GEMS is a certified
SAP value-added partner
serving clients
 
 primarily in the IT
services,
assembly/manufacturing,
logistics and
transportation
industries. It offers
IT solution development,
implementation
consulting and solution
reselling services for
clients looking to
deploy SAP.
 
    As part of the
acquisition,
approximately 150 GEMS
employees in Dallas,
India and Germany will
move to EDS, including
development staff, SAP
consultants and
technology architects.
  
 
    The acquisition gives
EDS a significant
advantage in the
deployment of SAP
enterprise management
software, CRM solutions,
and the capability to
 
 
Accenture reports record quarterly revenues
 
 Accenture reported
strong financial results
for the first quarter of
fiscal 2007, ended
November 30, with net
revenues of $4.75bn, an
increase of 14% in US
dollars over the same
period last year and
above the high end of
the company’s previously
stated expectations.
GAAP diluted earnings
per share were $0.46, an
increase of 28% over the
first quarter of fiscal
2006.
   The company achieved
the highest quarterly
net revenues in its
 
  
   
 
 
 
 
 
 
 
 were also the highest in
any quarter, with
double-digit increases
in both areas. New
bookings were $5.5bn,
with a quarterly record
in consulting bookings
of $3bn. William D.
Green, Accenture’s CEO,
said: “We had a
tremendous first
quarter, with our
outstanding top- and
bottom-line performance
demonstrating continued
success in executing our
strategy. We exceeded
our overall revenue
expectations, achieving
solid growth across
 
 nearly every dimension
of our business. With
$5.5bn in new bookings,
we are seeing sustained
demand for our services,
particularly in
consulting. Our success
gives us confidence for
the periods ahead.”
   Consulting net
revenues were $2.91bn,
an increase of 13% in US
dollars and 10% in local
currency over the first
quarter last year.
   Outsourcing net
revenues were $1.84bn,
an increase of 16% in US
dollars and 13% in local
currency over the same
 
 period last year.
   New bookings for the
first quarter of fiscal
2007 were $5.5bn.
Consulting bookings were
$3.0bn, or 54% of new
bookings, the highest
quarterly consulting
bookings in the
company’s history.
Outsourcing accounted
for $2.5bn, or 46%, of
new bookings.
   Accenture expects net
revenues for the second
quarter of fiscal 2007
to be in the range of
$4.6bn to $4.8bn.
  
 
 history, driven by
record results across
all three geographic
regions and all five
operating groups, with
exceptional top-line
performance from its
Financial Services,
Products and Resources
operating groups.
Consulting and
outsourcing net revenues
 
  Consulting Times | Page 2 Previous Page     Next Page