Ricardo announced in September its priorities for the years to come: further client diversification, a focus on Asia and North America, a continued refresh of its service portfolio, and sustainability in all its forms. These priorities are very much in line with Ricardo’s strategy in the past few years.
Is there a space left for ER&D pure-plays? We think the question is relevant. The ER&D market is an attractive market with solid growth prospects and has attracted outsiders. Growth prospects are solid (with the situation in commercial aviation somewhat better than planned).
Become a ERD Services premium reader to access all of your content, by contacting us at dominique@ERDservices.org
Sweco had a relatively mild financial performance in Q2 2021 with a 2% yoy growth at cc/cs to SEK 5,643m (USD 649m). The company did not benefit from favorable comps (Q2 2020: +2% yoy at cc/cs). Sweco suffered from its lower utilization rate and headcount
Cyient – Thank You Make in India The Make in India program saved the day for
An Unexpected PLM Services Acquisition by Atos This is a move we did not expect: French
The media have reported numerous examples of volunteers, globally, producing missing equipment, mostly protective masks, for health care professionals exposed to the COVID-19 disease.
Tech Mahindra made a surprise move in semiconductor engineering services. The company is to acquire Cerium
Capgemini has succeeded with its offer to purchase Altran. The company has secured 53.4% of Altran’s capital. According to France’s financial market’s authority, Capgemini will reopen the tend offer from January 28 to February 10.
The industry loves to talk about convergence, especially between ER&D and IT services. As an industry analyst, I must say that I have never seen such porosity between IT service and ER&D services vendors.
Oncodesign has restructured its business into three distinct business units (BU): Service, Biotech, and AI. Each BU will have its own objectives and delivery organization.
Become a ERD Services premium reader to access all of your content, by contacting us at dominique@ERDservices.org.
SII improved its profitability in H1 FY20 despite its reorganization
investments. Its adjusted operating margin was up by 30 bps to 7.2%. France’s margin remained low to 5.6%, improving slightly by 20 bps.
The number of readers, like yourself, continues to increase, and this motivates us to keep on commenting about the ER&D service industry. We believe that no other website or analyst firm provides the level of timely details and analysis that ERDservices.org provides
Akka surprised investors with a CC/CS revenue growth slowdown in Q2 2019: revenues were up 5.1% yoy at CC (vs. 6.6% in Q1). Utilization declined by 50 bps yoy, and attrition (excluding PDS Tech) was up by a massive 530 bps, to 23.3%.
Cognizant has been making more headlines in ER&D services, recently. Last month, we had mentioned its
Become a ERD Services premium reader to access all of your content, by contacting us at dominique@ERDservices.org
Do you understand technologies and markets such as 3D printing, manufacturing applications (MES, robot automation software, and CAx/PLM) or IoT platforms, very well? Then, ERDservices.org is looking for a contributor like you.
Last week, KPIT Technologies, returned to India’s BSE and NSE. The company now has a market cap of approximately USD 410m with its share was introduced at a price of INR 99 and traded in the past few days between INR 103 and INR 115. KPIT has succeeded in its IPO and is now an ER&D service pure-play having sold its IT services business to Birlasoft.
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.
ERDservices.org has been operating for now more than two years, commenting on the main events in the industry. We are trying to go a bit beyond the surface and bring some level of analysis and insights.
The revenue growth of HCL Tech’s ERS unit continued to be high in Q3 FY19 to 17.4% yoy at CC. Revenues well above the half-billion threshold, to USD 562m, comforting HCL Tech as the third largest ER&D service vendor globally.
Become a ERD Services premium reader to access all of your content, by contacting us at dominique@ERDservices.org.
Become a ERD Services premium reader to access all of your content, by contacting us at dominique@ERDservices.org.
British ER&D service vendor Ricardo provided a “trading update” that suggested a soft performance in H1FY19, the period ending December 31, 2018.