In the past three years, Cognizant has been building Softvision as a new EPAM. Like EPAM, Softvision has grown very fast: Softvision 10-12k employees currently, from 2.8k employees at the time of its acquisition in late 2018.
Dassault Sytems Lowers its Q1 2020 Guidance: Read-Throughs for the ER&D Service Industry
Dassault Systems lowered it Q1 2020: the company is now expecting revenue growth in the range of 14%-17%, down from a 20-23% guidance (that includes the acquisition of Medidata). The company has suffered from weaker than expected new license and services revenues. Meanwhile, revenues of Medidata were on a “momentum and license renewals were up too.
Veeva Demonstrates the Clinical Trials Market is Fast-Growing. An opportunity for ER&D Vendors
eeva is a Wall Street darling with an eye-popping market cap of $21bn. The uniqueness of Veeva is that its SaaS applications run on top of Salesforce’s Clouds. This approach positions Veeva in the high-growth ecosystem of Salesforce (which grows by 20-25% each year).
HCL Tech completes the acquisition of IBM software products
HCL Tech has closed the acquisition of several IBM products. The company has now ownership of AppScan, BigFix, Commerce, Connections, Digital Experience (Portal and Content Manager), Notes Domino, and Unica. We assume the price of the transaction has not changed and still is USD 1.8bn.
Key questions about Capgemini’s acquisition of Altran
We continue to reflect on Capgemini’s acquisition of Altran.
PTC makes an AR/VR services acquisition
On the same week Dassault Systemes made its largest acquisition ever, PTC acquire a small Netherlands-based IT services firm that is specialized in creating AR-based use cases. TWNKLS has a headcount of 36.
Dassault makes its largest acquisition ever. Spends USD 5.8bn in cash for a clinical trial ISV, Medidata
We usually do not comment on the M&A activities of major PLM ISVs. However, Dassault Systèmes’ acquisition of Medidata, an NYC-headquartered ISV specialized in software to manage clinical trials and commercial launches, is worth a thought or two.
Cognizant wins a large PES contract at AVEVA
ERDservices.org rarely reports about Cognizant, the NJ-headquartered but India-centric IT services giant in the space of ER&D services. Despite its size (2018 revenues of USD 16.1bn) and high-growth, Cognizant is little-visible in the ER&D area and is not a significant player in this industry.
How will 2019 look like for the ER&D services industry?
We are now entering the season for Q1 earnings, and as always we will look into changes in major trends. The state of the automotive industry will be an area we will be closely monitoring.
IBM sells its marketing and software applications to PE. Implications for HCL Tech
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Spotlight on Luxoft’s ER&D services capabilities: Digital Enterprise
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HCL Tech and IBM (Part 4) A right move?
The USD 1.8bn HCL Tech deal is undoubtedly impressive and does raise many questions about the
HCL Tech and IBM (Part 3) More details about the deal: rationale and scope
We learned a bit more about the rationale of this USD 1.8bn deal under which HCL
HCL Tech and IBM (Part 2) More details about the deal: financials
HCL Tech provided additional light on its recently-announced acquisition of seven IBM software product for $1.8bn.
UPDATED: HCL Tech acquires eight software products from IBM for $1.8bn (Part 1)
HCL Tech will acquire eight software products from IBM for $1.8bn. The company is taking over
GlobalLogic Aiming to Triple Revenues by 2022
In an interview with Indian business paper the Economic Times, GlobalLogic expressed its intentions to reach
Largest Top 16 R&D Spenders in the US: Technology Vendors!
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What is QuEST Global Up to?
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Aricent’s IP Partnership with … IBM
At the time of the acquisition Aricent announcement, Altran had mentioned the existence of an IP
QuEST Global Acquires IT Six Global in Romania
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