Technology

Warning of ‘flat’ year at Wiltshire IT group SciSys triggers share price fall

March 27, 2015
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Warning of ‘flat’ year at Wiltshire IT group SciSys triggers share price fall

Shares in specialist IT group SciSys continued to come under pressure today after last week’s warning from its chairman that its performance this year would be “flat”. Dr Mike Love, pictured, who co-founded the Chippenham-based group, admitted the business faced challenges last year but insisted its 2014 financial results, announced last week, had been...

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Record number of delegates expected at prestigious Business Showcase South West

March 26, 2015
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Record number of delegates expected at prestigious Business Showcase South West

Business Showcase South West 2015, the biggest event of its kind in the region, is preparing to welcome Swindon businesses among the hoped-for 3,000 delegates in just under two months’ time. The event attracted more than 1,700 pre-event delegate registrations for its inaugural show last year. This year it has been extended from one...

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UK Space Agency uses Swindon as launch pad for mission to boost UK industry

March 24, 2015
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UK Space Agency uses Swindon as launch pad for mission to boost UK industry

The Swindon-based UK Space Agency is to help foster new innovations in space-related technology by funding a programme to encourage more businesses into the sector. The agency, based at North Star, has joined forces with SETsquared – Europe’s top university business incubator programme – to back 40 businesses through its acclaimed entrepreneurship programme. This...

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Swindon tech group Stilo’s shares recover after plunging on fall in annual profits and sales

March 23, 2015
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Swindon tech group Stilo’s shares recover after plunging on fall in annual profits and sales

Shares in Swindon-based content engineering group Stilo International have bounced back strongly after tumbling last week when it announced a 38% fall in profits. Stilo’s shares declined by more than 10% as it revealed its financial results for 2014, which showed earnings more than halved to £108,000 for the year. Pre-tax profits came in...

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Growth at the double for communications group RFL following BGF investment

March 13, 2015
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Growth at the double for communications group RFL following BGF investment

RFL, the Chippenham-based communications infrastructure and outsourced IT service provider, has made two strategic acquisitions after receiving a £3.5m investment from BGF (Business Growth Fund). The firm’s takeover of Chippenham-based IT Solutions 4 Business Limited (ITS) and Plymouth based Zantra Technology means RFL will double in size. From April 7 the new combined company...

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Scheme to recover metal worth £1bn from broken phones and TVs led by Swindon firm Tetronics

March 10, 2015
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Scheme to recover metal worth £1bn from broken phones and TVs led by Swindon firm Tetronics

Swindon environmental technology innovator Tetronics International is at the forefront of a ground‐breaking project to extract precious metals such as gold and silver from discarded phones, TVs and toasters. Consumer devices sold in the UK over the next five years are forecast to contain metal worth an estimated £1bn – yet at present metal...

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Business Showcase South West 2015 signs up Barclays as latest blue-chip sponsor

March 2, 2015
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Business Showcase South West 2015 signs up Barclays as latest blue-chip sponsor

Barclays has become the latest blue-chip company to sponsor Business Showcase South West 2015 – the region’s biggest business exhibition which returns for a second year in May. Barclays joins First Great Western and Enterprise Rent-a-car in sponsoring the event staged again at Bristol’s Colston Hall. Swindon businesses are being urged to make the...

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West businesses urged to look east and explore export opportunities in India

February 25, 2015
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West businesses urged to look east and explore export opportunities in India

The Indian market will be demystified and the commercial opportunities outlined at a seminar for West of England firms this week. Speaking at the event in Castle Combe, near Chippenham, on Thursday will be Siddharth Mukne, business adviser at the UK India Business Council, and Waseem Hussain, internationally renowned expert on doing business in...

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This year’s Business Show Swindon on track to be biggest so far

February 16, 2015
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This year’s Business Show Swindon on track to be biggest so far

The Business Show Swindon returns for its fifth year in April with organisers Business West promising an event that will showcase the town’s go-ahead businesses and offer a range of support for anyone starting or growing a business. Staged again at the town’s STEAM railway museum, it will provide a platform for firms to...

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New research shows South West tech firms predict strong growth

February 16, 2015
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New research shows South West tech firms predict strong growth

South West tech firms are poised to grow at four times the rate of the economy this year, according to new research. Some 58% of the firms quizzed as part of Barclays’ Fast Growth Tech survey said they expect their business to grow by up to 10%, with 19% forecasting growth of between 10%...

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