Industry Summary Articles

Tata Consultancy Services (TCS) has entered into a strategic academic partnership with Norwegian University of Science and Technology (NTNU), one of the largest and most prestigious universities in Norway, to collaborate on the development of advanced battery cell technologies and expedite the global transition to sustainable energy. TCS will work closely…

Oracle and Uber Technologies, Inc., announced a seven-year strategic cloud partnership to accelerate Uber’s innovation, help deliver new products to market, and drive increased profitability. As Uber continues to grow and enter new markets, it is increasingly important for the business to focus resources on its core strengths and strategic…

Accenture has acquired Morphus, a privately held Brazil-based cyber defense, risk management and cyber threat intelligence services provider, expanding its practice capabilities in Brazil and Latin America. Financial terms were not disclosed. Founded in 2003, Morphus is headquartered in Fortaleza, which is in the Ceará region in northeastern Brazil, with offices in…

Christophe Sut, President of Business Area segment Sandvik Manufacturing Solutions, has decided to leave Sandvik for a CEO position in a different company. He will leave Sandvik as of August 11, 2023. The process to find a successor will now be initiated. “Christophe Sut has made a strong contribution during…

Following Dr. Michael Scott’s decision to join Coreform full-time, we are excited to announce an updated corporate organization. Matthew Sederberg has assumed the new role of Chief Strategy Officer, and Dr. Scott is succeeding him as CEO. Other co-founders continue in their pre-existing roles with the following titles: Dr. Michael…

Sage – the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs) – announces the appointment of Eduardo Rosini as its new executive vice president of partners and alliances. As Sage bolsters its indirect business, this role sees Rosini take on responsibility for driving global partner…

GibbsCAM, a global innovator in the production machining industry is pleased to announce that Thorsten Strauß has been appointed Vice President of GibbsCAM. Thorsten will report directly to Mathias Johansson, President Design & Planning Automation, Sandvik Manufacturing Solutions, and will help drive business growth, lead collaboration within Sandvik, and oversee…

AECOM, the world’s trusted infrastructure consulting firm, announced that Troy Rudd, AECOM’s chief executive officer, will participate in a fireside chat at Citi’s 2023 Global Industrial Tech and Mobility Conference on February 21st at 9:40 a.m. Eastern Time. The discussion will focus on the Company’s strategic and financial initiatives that are resulting in its widening competitive…

Honeywell announced that the next installment of its live leadership webcast series for investors will feature a conversation with Honeywell's Anne Madden, senior vice president and general counsel, Suresh Venkatarayalu, senior vice president and chief technology and innovation officer, Evan van Hook, chief sustainability officer, and Gavin Towler, chief technology officer of Performance…

Cadence Design Systems, Inc. announced results for the fourth quarter and fiscal year 2022. Cadence reported 2022 revenue of $3.562 billion, compared to revenue of $2.988 billion for 2021. On a GAAP basis, Cadence achieved operating margin of 30 percent and recognized net income of $849 million, or $3.09 per…