NCC's CEO characterised its fiscal year ending 31 May 2018 as a "year of recovery" as the London-listed cybersecurity consultancy continued to overcome the indigestion associated with recent acquisitions (including 2015 purchase Accumuli). Having swung to an ugly £39m net loss in 2017, NCC registered a £7.2m profit this time around, with revenues rising eight per cent. It claims to have now completed a rebalancing of its assurance arm away from single-transaction reselling of third-party products and towards high-value activities. This bears out in its results, with products generating just £9.8m of its £194m assurance revenues.
Chinese vendor undeterred despite unrest among multiple governments
£30m-plus business becomes part of parent reseller
The manufacturer is one of the cloud provider's biggest customers, claims CNBC
Marian McHugh explains how the vendor's new hybrid cloud product and its leadership changes are fuelling its assault on the enterprise market