Industry Summary Articles

Aspen Technology, Inc., a global leader in industrial software, announced that Robert “Bob” Beauchamp has been appointed to its Board of Directors. Mr. Beauchamp’s appointment fills the remaining open seat following AspenTech’s completion of its transaction with Emerson in May. Mr. Beauchamp brings more than 30 years of significant business…

Atos announces that the Group is strengthening its governance to ensure the successful execution of its operational performance improvement plan and its strategic transformation project in order to create value for all its stakeholders, in particular its customers, employees and shareholders: At the level of the management team Following the…

Graphisoft, the leading Building Information Modeling (BIM) solutions provider for architecture, unveiled its vision and strategic roadmap at the global online launch of its latest solutions and services, including Archicad 26, its award-winning flagship product, BIMx, BIMcloud, and DDScad. Graphisoft was founded in Budapest in 1982 by Gábor Bojár and…

The Digital Twin Consortium® announced a liaison agreement with the National Institute of Building Sciences (NIBS) to advance the use of digital twins in the building industry. “We are excited about working with NIBS on leveraging digital twins to extend building information management systems (BIMs) capabilities,” said Dan Isaacs, CTO, Digital…

STRONG PROGRESS IN ALL DIVISIONS SECOND QUARTER SUMMARY, APRIL–JUNE 2022 Net sales increased by 49 per cent to SEK 1,489 m (1,002), of which 14 per cent was organic. Currency-adjusted organic growth was 11 per cent. EBITA increased to SEK 154 m (98), and the EBITA margin increased to 10.3…

L&T Technology Services Limited, India’s leading pure-play engineering services company, announced its results for the first quarter ended June 30, 2022. Highlights for Q1FY23 include: Revenue at ₹18,737 million; growth of 23% YoY USD Revenue at $239.5 million; growth of 20% YoY in constant currency EBIT margin at 18.3%; up 100 bps YoY Net profit at ₹2,742 million; growth of 27% YoY During the…

Larsen & Toubro Infotech, a global technology consulting and digital solutions company, announced its Q1 FY23 results. In US Dollars: Revenue at USD 580.2 million; growth of 1.7% QoQ and 23.4% YoY Constant Currency Revenue growth of 2.9% QoQ and 26.6% YoY In Indian Rupees: Revenue at INR 45,228 million; growth at 5.1% QoQ and 30.6% YoY Net Income at INR 6,344…

Rockwell Automation, Inc. is scheduled to report its third quarter fiscal 2022 results on Wednesday, July 27, before the market opens. The release will be posted on the Rockwell Automation Investor Relations website at www.rockwellautomation.com/en-us/investors.html. A conference call to discuss the quarterly results will be held at 7:30 a.m. CDT on…

Second quarter 2022 DELIVERING ON THE SHIFT, 25% REVENUE GROWTH AT FIXED FX Continuing operations Order intake SEK 28,740 million (21,816) Order intake growth, at fixed exchange rates 22% Revenues SEK 27,050 million (20,136) Revenue growth, at fixed exchange rates 25% Adjusted EBITA SEK 5,141 million (4,192) Adjusted EBITA margin…

Infosys a global leader in next-generation digital services and consulting, announced a definitive agreement to acquire BASE life science, a leading technology and consulting firm in the life sciences industry, in Europe. The acquisition reaffirms our commitment to help global life sciences companies realize business value from cloud-first digital platforms and data,…