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 To Acquire a Semiconductor Engineering Firm
Tech Mahindra made a surprise move in semiconductor engineering services. The company is to acquire Cerium
Capgemini Secures 53.4% of Altran and Becomes Worldwide Leader in ER&D
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.
IT Services and ER&D: Convergence or Overlap?
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
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.
Cyient Surprises Negatively in Q3 FY20 Both in its DLM and Service Businesses
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Poland Continues to Shine at SII in H1 FY20
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
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
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 to acquire Zenith Technologies and strengthens its MES capabilities for the life science industry
Cognizant has been making more headlines in ER&D services, recently. Last month, we had mentioned its
Assystem to help the Uzbekistan government to double its production capacity by 2030
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KPIT returns to the stock market
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.
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.
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HCL Tech’s ERS continued high growth. Up 17% in Q3 FY19
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.
Assystem gets major contract extension for Akkuyu nuclear plant
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IBM’s IP partnerships in facts: vendors, scope, price and revenues
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Ricardo continues to suffer in its core UK automotive market
British ER&D service vendor Ricardo provided a “trading update” that suggested a soft performance in H1FY19, the period ending December 31, 2018.
Spotlight on Luxoft’s ER&D services capabilities: Digital Enterprise
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Spotlight on Luxoft’s ER&D services capabilities: Automotive
We have written two blogs about Luxoft’s ERD services capabilities, with this one focusing on automotive engineering.
NelsonHall: DXC Bets $2bn on Recovery of Luxoft to Boost its Digital Capabilities
NelsonHall has published a new blog about this week’s big news: the acquisition by DXC Technology of Luxoft.
2018: A Year in Review
2018 was an eventful year: the top ER&D vendors accelerated their M&A activities. Alten continued to deploy its business model. HCL Tech’s ERS unit had a superb year
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.