Sweco: Is Sustainability Good Enough?

/ July 21, 2021

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

IT Services and ER&D: Convergence or Overlap?

/ January 25, 2020

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 Restructures into Two Business Units

/ January 21, 2020

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.

Poland Continues to Shine at SII in H1 FY20

/ December 12, 2019

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.

Thank You! A Note to Our Readers

/ October 11, 2019

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 sends mixed signals in Q2

/ August 8, 2019

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%.

Would you like to contribute to ERDservices.org?

/ May 11, 2019

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.

KPIT returns to the stock market

/ May 1, 2019

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.

Do you like what you are reading?

/ February 28, 2019

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.

HCL Tech’s ERS continued high growth. Up 17% in Q3 FY19

/ February 3, 2019

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.