RM has admitted that it was caught napping during the slowdown and failed to fully appreciate the scale of the crisis thanks to the mitigating effect of the cancelled BSF programme.
The education provider blamed an "unsuccessful international expansion programme and a lack of innovation" after swinging to a pre-tax loss of £23.4m.
Increasing price pressure and slow demand from customers are forcing dealers to look for alternative sources of income.
Hosted services provider InTechnology has disputed claims made by Gartner last year that it is cheaper for end-users to build their own datacentres rather than outsource them.
Gartner has warned that PC vendors face an "uphill struggle" to regain the interest of consumers in the UK, saying the introduction of ultrabooks may give the market a shot in the arm.
Network and IT services provider Dimension Data has become the first company to be awarded Cisco's TelePresence Video Master Global ATP certification.