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Beeks partners IPC; IndigoVision sees sales increase

Gordon McArthurBeeks Financial Cloud Group, the Renfrewshire-based cloud computing and connectivity provider for financial markets, has announced a collaboration with IPC Systems.

IPC, a networking solutions provider, will act as the preferred vendor for Beeks’ global WAN infrastructure, while Beeks will be the preferred cloud vendor for IPC’s Connexus Infrastructure Services.  

Gordon McArthur, Beeks’ CEO, pictured, said: “This collaboration looks to bring advantages to both sides and will consequently bring a more efficient service offering to customers, with a greater range of capabilities.” 

Robert Coole, Vice President Cloud Technologies at IPC, commented: “We are pleased to collaborate with Beeks and bring significant benefits to both of our customers.”

IndigoVision

Sales at the Edinburgh video security company for the six months ended 30 June were $24.1m, representing an 8% increase over 2018 first half sales of $22.2m and a continuation of the revenue growth trend seen throughout last year. 

In a trading update ahead of interims on 14 August, the board said it expects to report positive earnings before interest, tax, depreciation and amortisation and an operating profit for the first half of the calendar year, for the first time since 2014 (H1 2018: operating loss of $1.1m).

Net cash in hand at 30 June was $2.7m (31 December 2018: $2.0m).

 



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