Service Provider Service Expansion

Deals/Contracts/Partnerships

• 1

  Capgemini plans to open semiconductor design services centers across Europe to support Intel?s strengthened program of chip manufacturing and ecosystem design services. Initial centers in France and Portugal will bring together chip design and embedded software teams.

  Q2(Apr-May-Jun), 2022

EIIR Provider Solutions/Capabalities

• 1

  Globant acquired Vertic to consolidate its digital marketing global network and start operations in Denmark

  Q1(Jan-Feb-Mar), 2023

• 2

  Happiest Minds acquires SMI, a Madurai headquartered with presence in Coimbatore, profitable, product engineering services company focusing on healthcare for ? 111 crores ($13.5 M). With 400+ offshore-based employees, SMI has an annual run rate of $9 M.

  Q1(Jan-Feb-Mar), 2023

• 3

  Encora has acquired Excellarate. The acquisition enhances Encora's capabilities in AI, Analytics and Automation, and deepens Encora's industry expertise in HealthTech, FinTech and InsurTech. With Excellarate's 1,300+ engineers, Encora expands its global talent pool to over 9,000 engineers.

  Q1(Jan-Feb-Mar), 2023

• 4

  Following partnerships with La Liga, LA Clippers and FIFA+, Globant Reinforces its expertise into its Sports Reinvention Studio to provide world-class services to the sports industry

  Q1(Jan-Feb-Mar), 2023

• 5

  PA Consulting unites design, engineering and science, to create new growth platforms for clients, their brands, products, services, and experiences.

  Q1(Jan-Feb-Mar), 2023

• 6

  Expleo acquires Germany based management consulting firm UMS Consulting

  Q3(Jul-Aug-Sep), 2022

• 7

  T-Systems continues to invest in the automotive industry, focusing on four areas: Vehicle software and connectivity, digital customer experiences, the digitization of the company, and secure cloud computing. To this end, the Telekom subsidiary plans to create around 600 jobs worldwide by 2023. Already, 4,000 experts are working on the digitization of the industry. T-Systems is recruiting around 200 new employees for the Wolfsburg site alone.

  Q3(Jul-Aug-Sep), 2022

• 8

  Etteplan speeds up the fourth industrial revolution of machinery and equipment by investing in Swedish Ekkono Solutions AB, a developer of machine learning and artificial intelligence technology.

  Q3(Jul-Aug-Sep), 2022

• 9

  NTT DATA Launched Japan's First Greenhouse Gas Emissions Visualization Service Incorporating Data from the International NGO, CDP into it platform C Turtle. By using this service, companies will be able to use the Company-wide Emission Allocation Method, a way to calculate their emissions while reflecting the impact of reductions of their suppliers, thereby promoting reduction throughout the entire supply chain.

  Q3(Jul-Aug-Sep), 2022

• 10

  CENIT AG acquired a majority interest in ISR Information Products AG. The participation will consolidate the competencies of both companies in the field of document logistics and information management

  Q2(Apr-May-Jun), 2022

• 11

  Wipro acquires Convergence Acceleration Solutions to expand its consulting capabilities for communications service providers

  Q2(Apr-May-Jun), 2022

• 12

  Cyient to acquire Citec for $101 Million. Citec, HQ in Finland, has 1200 employees with offerings in plant engineering, product engineering, and technical documentation.

  Q2(Apr-May-Jun), 2022

• 13

  Cyient will acquire Grit Consulting, a Singapore-based firm with deep-rooted consulting expertise in asset-intensive industries like metal mining and energy for $37 million. Grit Consulting clocked a turnover of $18.1 million in FY22, and has about 100 employees and consultants working for it.

  Q2(Apr-May-Jun), 2022

• 14

  Prevas acquiring BitSim NOW AB, a consulting firm in Stockholm that focuses on embedded systems projects and complex product development. Examples of areas of strength are digital cameras, image processing and vision technology as well as FPGA circuit development.

  Q2(Apr-May-Jun), 2022

• 15

  FEV Group is combining its long-standing expertise in intelligent mobility and software development with the establishment of their new FEV.io brand. This move is intended to accelerate and optimize innovative power and interdisciplinary collaboration in the areas of automated and autonomous driving, as well as connectivity of infrastructure, people, and vehicles.

  Q2(Apr-May-Jun), 2022

• 16

  ABB New digital appraisal service will use the power of data to reveal industrial energy saving opportunities

  Q2(Apr-May-Jun), 2022

• 17

  Bain acquired Proxima. Management Consulting and Procurement?

  Q2(Apr-May-Jun), 2022

• 18

  McKinsey acquires Caserta, a pioneer in data architecture and engineering

  Q2(Apr-May-Jun), 2022

• 19

  ITC Infotech eyes $500 mn revenue over five years from new business unit

  Q2(Apr-May-Jun), 2022

• 20

  Deloitte Opens New US Smart Factory in Wichita, Kansas, Convenes Ecosystem of Innovators to Make Industry 4.0 a Reality

  Q2(Apr-May-Jun), 2022

• 21

  iTechArt announcing the launch of its fintech practice, which is designed to offer promising fintechs a range of services at every stage of their growth, from building a case for fundraising to designing and implementing solutions that propel the entire industry forward.

  Q2(Apr-May-Jun), 2022

• 22

  Etteplan invests in industrial digitalization, introduces new Smart Factory offering

  Q1(Jan-Feb-Mar), 2022

• 23

  FEV has established a new business unit, FEV Energy. From generation to transport and storage to the use of green energy, FEV will offer services from a single source for the entire value chain in the future.

  Q1(Jan-Feb-Mar), 2022

• 24

  Pöyry Capital has now been renamed AFRY Capital following a record 2021 in which it advised on 11 completed M&A transactions in paper, packaging, industrials and energy & infrastructure.

  Q1(Jan-Feb-Mar), 2022

• 25

  AFRY strengthens Plastics Recycling competences

  Q4(Oct-Nov-Dec), 2021

• 26

  Cyient launches Global Management Consulting Practice

  Q4(Oct-Nov-Dec), 2021

• 27

  Globant Launches New Studio to Guide Companies into the Metaverse. This new Studio will be able to leverage Globant's expertise on digitalization, media, gaming and blockchain to develop these experiences. Globally, more than 2000 skilled Globers will be working on projects related to the new studio.

  Q4(Oct-Nov-Dec), 2021

• 28

  EPAM Acquires Emakina Group, Headquartered in Belgium with 1,100+ employees, Bringing New Lines of High-Performance Marketing, Digital Experience & Creative Services to EMEA Markets.

  Q4(Oct-Nov-Dec), 2021

• 29

  HiQ acquires the IoT specialist Cogitel based in Karlskrona, Sweden. Cogitel also owns the standalone IoT platform Thellio, a licensed software product.

  Q4(Oct-Nov-Dec), 2021

• 30

  Cyient is acquiring WorkForce Delta, a leading consulting firm in mobile workforce management. This will strengthen Cyient's digital transformation offerings in the Utilities and Telecom industries

  Q3(Jul-Aug-Sep), 2021

• 31

  EPAM is acquiring CORE SE, a professional service provider specializing in IT strategy and technology-driven transformations. Following the recent announcement of a new Berlin office, EPAM’s acquisition of CORE SE will further expand its Western European footprint within the DACH region.

  Q3(Jul-Aug-Sep), 2021

• 32

  Capgemini launches Net Zero Strategy offering to help organizations move from pledges to results on their sustainability journey

  Q3(Jul-Aug-Sep), 2021

• 33

  QuEST Defense Systems & Solutions Begins Operations to Provide Engineering Services to the US Defense Industry. QDSS is planning to hire more than 1000 engineers in the next five years

  Q2(Apr-May-Jun), 2021

• 34

  RBEI has created an independent unit to manage its business of non-Bosch customers. This entity, called Software and Digital Solutions or SDS, will focus on delivering software and digital services in the areas of digital enterprise, engineering R&D, new age technologies ( e.g. AI, AR/VR, Blockchain etc.). RBEI will also foray into non-traditional Bosch sectors like Healthcare and Energy with their products-Vivascope, Vivascreen and Phantom

  Q1(Jan-feb-Mar), 2021

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