Dragons' Den-run cloud biz Outsourcery close to sale – sources
Cash-strapped AIM-listed infrastructure services biz Outsourcery – co-run by former Dragons' Den badass Piers Linney – is close to wrapping up a pre-pack administration, multiple sources have told The Register. Trading in the firm's shares was suspended on Friday after top brass postponed publication of last year's results and …
COMMENTS
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Wednesday 8th June 2016 07:28 GMT Anonymous Coward
Don't invest in buzzwords
This is exactly why you shouldn't simply invest based on buzzwords. I remember researching this company when Linney was on Dragon's Den and thinking; "what on Earth does this company ACTUALLY do?". It doesn't seem to offer anything unique and just looks like a consultancy business that claims to "know about cloud". I mean seriously, one of their banners on their front page is "Skype for Business"... Eh? If I want Skype for my business, I will go to Skype, right!?
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Wednesday 8th June 2016 12:18 GMT Anonymous Coward
What happens when techies have too much say in running a business.
This company could have been very successful but poor management and some rather strange business decisions have led them here.
There was never enough focus on driving sales and growth instead Outsourcery adopted a "build it and they will come" attitude which clearly didn't pay off.
Instead of fiddling while Rome burns evaluating new platforms and technology Outsourcery should have slashed costs, focussed on their USP's and employed some decent sales leadership.
I wonder if Piers will be asked back onto the telly after this???