Stories about: OAKTON

Growing revenues from new products and services, stronger balance sheets, acquisitions paying off, and positive outlooks for the rest of the year are the messages in the recent releases of the first-half results. Aussie vendors' half-year financial results appear to be on track to deliver full-year growth in sales, revenues, and profits.

A broad range of external IT service management (ITSM) consultants are being used by IT organisations within mature Asia Pacific IT markets such as Australia, New Zealand, and Singapore, according to research from Hydrasight. While this is not unexpected -- given current market demand and enthusiasm -- it has created a fragmented market being served by numerous players of various sizes and descriptions. This market reality can, however, represent a key project risk for IT organisations embarking on a major ITSM initiative in the Asia/Pacific region.

Australian IT services company, Tripoint Corporation, has won a three year contract with the Victorian Department of Human Services (DHS) as a member of its panel to develop the PeopleSoft CRM/Tibco EAI environments.

Custom software services outfit, DWS Advanced Business Solutions, is looking to raise $56.9 million in share placements under an initial public offering (IPO).

After several sales campaigns testing out the “dumbing down” and box-bundling of its enterprise software for the mid-market, Oracle has created a new version of its E-Business product specifically for mid-market customers, to be deployed exclusively by channel partners.

IT Services company, Oakton, has posted a net profit of $4.8 million for the 2003 financial year, with three acquisitions increasing revenues by more than 50 per cent.

ASX-listed IT services company Oakton has continued its run of acquisitions, snapping up Microsoft Solutions business partner, Aston IT, for $4 million.

A roundup of company news involving Oakton, CITEC, Infomedia, ITSP and Optus

Keycorp dominated the IT headlines this week when it entered the US government market through a deal with TECSEC, forged an alliance with Bull, bought out the Commonwealth Bank's share of a joint venture and renegotiated its deal with Telstra. Other Australian companies also managed to keep their exports rolling

Australian e-security specialist eSec has made a breakthrough on the world stage by negotiating an alliance with Linux specialist Red Hat. Other Aussie battlers also made their marks in the international arena this week

It's been a happy couple of weeks for Unisys' general manager of its Public Sector, South Pacific Group, Allen Koehn.