TechnologyAccounting SoftwareIT news in brief

IT news in brief

Cap Gemini has set up an award for the “outstanding individual of the year” in utilities. The award, part of the Utility Industry Achievement Awards scheme, will be presented at the Grosvenor Hotel, London in December.

Entrants will be judged on their individual contribution to their employer’s business, utility customers, or the utility industry as a whole. Entrants must be nominated by their colleagues. Contact Gary O’Leary at Cap Gemini on 0171 434 2171.

IT consultants Parity has seen a rise in pre-tax profits of 54 percent for the first six months of the year. Turnover has increased by #135m which is a rise of 48 percent. The company has also seen an upturn in orders, a rise of 60 percent.

Logica has predicted that British business has to find between #1bn and #5bn to tackle the “final hiding place of the millennium bug” – the PC desktop. With over 14 million PCs installed in the UK there is concern that Year 2000 budgets are being concentrated on hardware and software and not desktop data. Recent research indicates that only 20 percent of companies are looking at the desktop problem.

Druid has completed a #135,000 project with Tenneco Automotive, a manufacturer of shock absorbers and exhausts for the automotive sector. The project involved implementing SAP R/3 for the company’s UK operations. Druid took four months to complete the project.

Research by the insurance division of CMG suggests that only half of UK-based insurance firms have plans to deal with Economic & Monetary Union.

At a recent EMU seminar 75 percent of delegates viewed it as a business opportunity, while a third claimed to be not fully aware of the timescale of introduction for EMU.

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