Tracking and analyzing the #Engineering and R&D services industries #ERDservices #ER&D #PES #IoT #PLM #Embedded #MES ER&D
Joined November 2013
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thanks @MultipieSocial
#ERDservices
7. Bank Tech: @BFSIPost
8. Telecom: @ETTelecom
9. Retail: @ETRetail
10. EPC & tenders: @BiginfoI
11. Chemicals: @Chemanalysts, @petrochemindia
12. Commodities: @ETCommodities
12. RE: @SquareFeatIndia
13. Rail: @RailPostIN
14. Argi: @APEDADOC
15. ER&D: @Zinnov, @ERDservices
2/2
.@GroupeSII confirms its financial leadership among Europe's #ERDservices vendors.
● Achieved 15.2% organic growth y/y in calendar Q2 2023/Q1 FY24 despite one to two lesser working days across Europe
[#Finance] Le groupe SII a réalisé un chiffre d'affaires de 269,3 M€ au cours du premier trimestre de l'exercice 2023/2024, caractérisé par une croissance de 7.3% en France et 17,1% à l'International.
Plus d'informations dans le communiqué de presse 👉 cutt.ly/GwfEYEnh
● Poland had a relatively disappointing performance, potentially impacted by holidays and working days
● @GroupeSII has emerged as a smaller version of @Alten_group
● We would like to see SII preparing for the future and accelerating its investment in offshore delivery
● @Alten_group now has ~8,500 in India, mostly addressing the U.S. market and select industrial clients in Europe.
#ERDservices
Another @Alten_group acquisition in the past few weeks. Acquires Ayesa Air Controls (AAC), a JV between @AyesaNews and GSC
- AAC provides #ERDservices across product engineering and digital manufacturing
- A key client is @Airbus
ALTEN, world leader in engineering & consultancy, strengthens its presence in Spain & Germany w/ acquisition of Ayesa Air Control. AAC provides engineering services for aeronautics & defense industries and ALTEN provides full coverage for its customers.
pressat.co.uk/releases/alten…
-It brings a presence in Spain and Germany, servicing clients in aeronautics, defense, and space
- We estimate AAC's headcount to ~130
- @Alten_group currently has 3,400 employees in Spain, across nine cities.
#ERDservices
.@Alten_group strengthens its presence in India. Acquires @AGTS4Engg.
Accord Global Tech Solutions is based in Bangalore and provides hardware and software engineering, and embedded systems services. It services clients in aerospace, defense, and automotive.
#ERDservices
This quoted post is unavailable.
.@AGTS4Engg brings 500 FTEs to Alten's current 8,000 employees in India.
It strengthens @Alten_group's capabilities in India to embedded systems to aerospace and automotive.
#ERDservices
Interesting: @AFRY_global expands to the North American market, relying on its strengths in the pulp & paper industry
Acquires KSH, an #engineering and EPC/EPCM firm based in Montreal, Canada?
KSH brings a sustainable manufacturing plant track record with projects such as a production plant to turn biomass into bio-based chemicals.
It services process industry clients such as pulp & paper, mining & metals, chemicals, and food & beverage
@AFRY_global
KSH had revenues of SEK 180m (USD 16m) and a headcount of 130. A small but clever acquisition that expands @AFRY to Canada.
#ERDservices
Back to some #ERDservices news after a break, due to work.
@GroupeSII continues to overperform the ER&D market. Revenues in Q4 FY23 were up by 17.5% organically. SII achieves €1,023m in revenues
[#Finance] Le groupe SII a réalisé un chiffre d'affaires annuel de 1 022,5 M€ au cours de l'exercice 2022/2023, caractérisé par une croissance de 13,2% en France et 31,5% à l'International.
👉 cutt.ly/y6dayH0
Poland continues to drive growth (+30% y/y organically in Q4) while France was up 10.0% organically. I estimate that Poland is only ~€20m off to France (€434m).
@GroupeSII #ERDservices ER&D
A very good performance for @GroupeSII despite a somewhat slowing environment. SII's next challenge is to grow a third significant geography, beyond Poland and France, to mitigate its risk profile
#ERDservices ER&D
.@AFRY_global completes its exit from Russia through an MBO.
The Russian business will operate under a different brand
afry.com/en/newsroom/press-r…
.@GlobalLogic, under the ownership of @HitachiGlobal, acquires @Hexacta, an Uruguay-headquartered #digitalengineering vendor with a delivery center primarily in Argentina. It has 10 delivery centers in South America and US.
We're excited to share that @GlobalLogic has announced the acquisition of Hexacta, an innovative digital engineering firm in Latin America. Welcome to Hitachi Group!
hitachi.com/New/cnews/month/…
.@Hexacta is sizeable, with 800 employees. Provides IT consulting, software development, UX, and data services.
With this acquisition, @GlobalLogic diversifies its delivery network, which had its foundation in Eastern Europe
#ERDservices