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Market trends and news

Tech giants continue to capitalise on the COVID pandemic

Google’s parent company, Alphabet, recorded a 34% uptick in revenues year-on-year with profits doubling to around $18bn in 21Q1 – the third record quarter in a row. This growth was predominantly driven by its advertising business bringing in $45bn between January and March. Additionally, despite making a loss for Alphabet, Google Cloud reported a major …

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Oracle wins contract to provide Premier League performance data

Debuting in the 2021/22 season, “Match Insights – Powered by Oracle Cloud” will be the engine behind presenting statistics and player performance data across both global broadcasts and the Premier League’s own social media channels. This deal is not the first of its kind however as last year saw a partnership form between AWS and …

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UK gov secures vendors for £1.5bn software services deal

25 tech firms have recently been awarded contracts by the UK government as part of a deal to design and implement software services across the public sector, including local authorities and UK emergency services. Some of the largest software and services vendors part of the framework deal include Deloitte, Hitachi, Fujitsu, HCL, and Accenture. The …

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