No. 1 Story
Construction needs cloud flexibility
Australia’s embattled construction sector could benefit from cloud based information systems that can be switched on and off in lockstep with individual projects – with the exception of those organisations based in remote areas like the Kimberleys.
read moreMelbourne IT posts solid 2005 result
Stan Beer
Tuesday, 21 February 2006 10:15
Web hoster and domain name registrar, Melbourne IT (ASX:MLB) posted a solid full year ended 31 December 2005, with strong revenue gains and earnings.
Revenue was up 21.8% to $73.3 million and net profit was up 30.5% to $5.35 million. Consulting revenue more than doubled to reach $9.8 million.
"The continuing success of our strategy of diversifying revenue sources and adding value to meet the needs of our customers is especially pleasing," said Melbourne IT CEO, Mr Theo Hnarakis.
MLB shares closed up 10c in moderate trading to finish on $1.50.
You think you have a disaster recovery plan?
Think again. Most businesses only have PART of a DR plan - and this spells business disaster in the event of an IT disaster.
Download The Seven Sins of Disaster Recovery White Paper now and find out how you can prevent this happening to you.
