IT Services – CrispIdea

IT Services

All
Company Report
Technical Analysis

September 11, 2019

International Business Machines (IBM) – Red Hat acquisition will accelerate growth in coming years

IBM’s revenues declined by 4.2% to $19.2bn in Q2FY19 which was impacted by currency fluctuation and headwinds from IBM Z product cycle. IBM stated that signings declined 14% on cc basis in the quarter to $9.7bn. Services backlog fell 4% year over year and totaled $111.2bn. Number of Pages – 50 Contents Executive Summary Financial […]

August 9, 2019

Accenture Plc (ACN) – Broad-based growth across all components of the “New” led to huge growth

Accenture had a very strong YTD results due to excellent demand in “the New” which includes Accenture Interactive, Applied Intelligence, Industry X, cloud and security and also continued profitable growth, driving value for all the stakeholders. Accenture’s revenues increased by 4% in U.S. dollars and 8.4% in local currency to $11.1bn in Q3FY19. Number of […]

July 31, 2019

Hewlett Packard Enterprise Co (HPE) – HPE plans to offer entire portfolio as a service by 2022

HPE’s revenues declined by 4.3% to $7.15bn in Q2FY19 and were up 1% from the prior-year period, excluding Tier 1 server sales, when adjusted for currency. HPE announced plans to transition HPE into an as a Service company over time. This includes a commitment to provide its customers choice by offering its entire portfolio, through […]

July 31, 2019

Cognizant Technology Solutions (CTSH) – Slower growth in Financial Services and Healthcare Segment

Cognizant’s revenues increased by 5% to $4.1bn in Q1FY19 due to double-digit growth in Product and Resources segment and Communications, Media and Technology segment. However, Cognizant’s major segment contributor Financial Services had decline in revenues and Healthcare segment had slow growth. Number of Pages – 43 Contents Executive Summary Financial Statements –Income Statement and Forecast […]

June 11, 2019

Alphabet Inc (GOOGL) – YouTube premium and YouTube Music to drive revenue growth for FY19

GOOGL expanded the content offering, availability and the functionality on some of its newer YouTube experience. YouTube Music and YouTube Premium are now available in 43 countries up from five markets at the start of FY18. YouTube’s Ad business, for both brand and direct response campaigns, continues to grow and support its creators Number of […]

June 9, 2019

Adobe Systems in the corrective phase of cycle

Adobe Systems Incorporated (ADBE) is exhibiting trendy bullishness since long. Our target of previous coverage which was last updated on 31st October 2017, is successfully achieved. We are updating our coverage with technical perspective. We are bearish on Adobe Systems due to evidence of few reversal signals on the chart, and providing target of USD 220 and SELL rating.