Analyst firm Frost and Sullivan has rolled its newly formed Asia-Pacific IT division into the better performing information and communication technology division, making two people redundant in the process.
The division started 18 months ago as the company brought in some ex-Gartner analysts with the hope of forming a dedicated arm of research into the areas of IT services, hardware and software analysis.
Frost and Sullivan has always had a strong telco and networks arm, but hadn't made any forays into the areas such as servers and PCs. "We thought we'd take a crack at penetrating that market," a spokesperson for the company said. "It didn't quite work out as we hoped."
The decision has been made to now focus on the core business, moving the IT arm into the mainstream information communications technology arm which deals with wide area networks and managed network services.
Two Australia-based analysts have been made redundant in the process, but the two most senior analysts on the team, one Australia-based and one Singapore-based, will remain with the company.