This spring Microsoft will turn 50. From modest starts in Albuquerque, New Mexico, it has turned into one of the biggest business on the planet, credited with transforming the computing market and, with it, our daily lives.

Microsoft technology initially went on sale over here in the 1980s and, in 1982, Bytes Computer Supplies opened in Surrey, specialising in floppy disks and other accoutrements from the American group.

Today, Bytes Technology, as it is now known, is a ₤ 1.1 billion business with about 1,200 staff members and 6,000 consumers.

It drifted on the Stock market in December 2020, a fortnight before Britain’s first Covid Christmas. Shares were priced at ₤ 2.70, market action was enthusiastic and, by January 2024, they were trading at more than ₤ 6.50. The previous year has actually been less worthwhile, and today shares are just ₤ 4.65. At this level they are undervalued and need to rebound through 2025 and beyond.

Back in the 1980s, Bytes’ variety was little. Early tech geeks utilized Microsoft to compose basic files and produce spreadsheets on their computers, and Bytes sold the package that made it possible.

Ever since the computer world has altered beyond recognition, with Microsoft alone offering hundreds of services, from Outlook and Teams to design ware, cloud storage and, recently, Copilot, an expert system tool.

In safe hands: Bytes Technology has sales personnel who know their products completely

Individuals can buy much of these items straight, however organizations tend to go through representatives, understood as resellers, who provide lower rates, recommendations and support when things go awry.

Bytes is the top Microsoft reseller in the UK, with customers varying from the police, fire service and local authorities to Harvey Nichols, Trainline and Findus food group.

Customers tend to utilize between 500 and 2,500 staff - large enough to require a lot of IT but not so large that they can arrange everything out themselves. That is where Bytes enters into its own.

Technology has become a crucial tool for personal companies and the public sector alike, but have actually become so complex that even IT teams need specialists to help them work out what to purchase, chessdatabase.science when to buy and how to utilize what they have bought.

Bytes personnel are extremely trained, typically beginning there as graduates and costs years with the company.

To an outsider, conversations in between these salesmen and their clients can seem like PhD interactions - or gobbledegook. To those in the know, such extensive settlements are a vital part of organization success.

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Bytes primary executive Sam Mudd prides herself available high-level service to brand-new and existing clients and, although Microsoft is a major partner, she deals with a series of suppliers, covering nearly every innovation requirement, including cyber security.

A long-time staffer, Mudd took the helm last spring after previous primary executive Neil Murphy resigned, having purchased shares in Bytes without telling the board.

Investors took shock, Bytes stock plunged and, although Murphy was later on cleared, the shares have remained depressed.

Mudd is undeterred, having invested current months drawing up a development strategy designed to drive sales and profits over the next five years.

Potential is clear. Despite its primary position, Bytes has just a 4 per cent share of the marketplace so there need to be plenty of opportunities to expand.

Despite wobbles on Wall Street, demand for software application is increasing too, with with forecasters recommending annual growth of about 10 percent.

Brokers anticipate Bytes earnings to increase 19 percent to ₤ 73 million in the year ending February 28, climbing to ₤ 87 million by 2027.

The group has a history of paying ordinary and unique dividends too, handing over 8.7 p in ordinaries and 8.7 p in a one-off unique last year, and expected to deliver 19.6 p for 2025, rising to 21.5 p next year.

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Midas decision: surgiteams.com Recent outcomes from Microsoft and other tech titans might have disappointed investors, but the days when we managed perfectly well without IT are long gone.

Bytes helps business, charities and the general public sector to browse the digital minefield.

With a strong track record and a credibility for delivering on its guarantees, the business should show resistant, even in today’s uncertain times.

That makes the shares a buy, at ₤ 4.65.

Traded on: Main market Ticker: BYIT Contact: bytesplc.com