Cloud services drive Microsoft revenues

Microsoft has reported revenues for the quarter ended 30 June 2015 of $22,2-billion. Gross margin, operating loss, and loss per share for the quarter were $14,7-billion, $2,1-billion, and $0.40 per share, respectively. These results include the impact of a...

IT outsourcing boosts oil and gas profits

In the heady times of recent years, when crude oil prices raced away to well over $100 per barrel, the world’s oil producers enjoyed a very profitable time. Now, the Oil and Gas industry is being forced to adapt to the ‘new normal’ of oil at a $50 to $70 price point....

Accounts receivable can boost business

The accounts receivable (AR) function is vital in any organisation, ultimately driving or hindering both cash flow and profitability, says Shaun Dicker, head of Operations at Intervate. A bad debtor’s book has a direct impact on cash flow and profitability and the...

Making money out of video conferencing

As the local and global economy battles to rid itself from the hangover of the subprime mortgage clash, which propelled the world into global recession in 2008, companies of all sizes – and in every industry -are moving quickly to adopt video conferencing as a...

Pinnacle increases revenue, but profit down

Pinnacle Holdings has reported revenue of R3,6-billion for the six months ended 31 December 2015. However, gross profit was down 2,3% on margins of 14,4%. For the period, headline earnings were down 17% to R125-million, with headline earnings per share (HEPS) down 16%...