Industry Summary Articles

Tata Consultancy Services reported its consolidated financial results according to Ind AS and IFRS, for the quarter ending June 30, 2024. Highlights of the Quarter Ended June 30, 2024 Revenue at US$7.51 billion, +3.9% YoY, +4.4% YoY in Constant Currency Operating Margin at 24.7%; an expansion of 1.5% YoY Net Income at US$1.44 billion, +8.7% YoY | Net Margin at 19.2% Net…

Accenture has acquired Cientra, a silicon design and engineering services company, offering custom silicon solutions for global clients. The terms of the acquisition were not disclosed. Founded in 2015, Cientra is headquartered in New Jersey, U.S. and has offices in Frankfurt, Germany as well as in Bangalore, Hyderabad and New Delhi,…

Accenture has acquired True North Solutions, a provider of industrial engineering solutions headquartered in Calgary, Alberta, to help clients produce and transport energy more safely and efficiently. True North Solutions expands Accenture’s expertise in operational technology (OT) for clients in the oil and gas and mining industries. OT is the hardware…

The TriMech Group has acquired MAKO Design + Invent, which provides tailored, end-to-end product design and development services across all physical consumer product categories to clients in the United States and Canada. With this latest acquisition, the TriMech Group continues to deliver on its plan to expand and diversify its…

PROS®, a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, will release its financial results for the second quarter 2024 ended June 30, 2024, after the U.S. financial markets close on Tuesday, July 30, 2024. PROS Holdings, Inc. will host a conference call on…

Infosys, a global leader in next-generation digital services and consulting, announced a strategic five-year collaboration with Sector Alarm, one of Europe’s leading providers in security, who are partially owned by global investment firm KKR, to transform their core enterprise business systems on the cloud. Through this collaboration, Infosys will work closely with…

Centric Software® is pleased to announce that premium scrubs brand Jaanuu has reported impressive results with Centric PLM™ and is releasing a success story to celebrate. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor,…

Boson Energy and Siemens AG have signed a Memorandum of Understanding (MoU) to facilitate collaboration on technology that converts non-recyclable waste into clean energy. The collaboration aims to advance sustainable, local energy security, enabling hydrogen-powered electric vehicle charging infrastructure without compromising grid stability or impacting consumer prices. “We are excited…

Bechtle has been awarded a contract by the state of Baden-Württemberg to deliver data analytics and artificial intelligence (AI) services for its e-government projects. The objective is to drive the ongoing digital transformation of public services and the government administration as a whole through the ability to harvest, validate, analyse…

Altair, a global leader in computational intelligence, announced the release of Altair® HyperWorks® 2024, the market’s leading platform for design and simulation. The latest release delivers significant advancements in artificial intelligence (AI)-powered engineering and business, mechanical and electronics systems design, and simulation-driven design and optimization.  “Altair HyperWorks 2024 is the only platform offering a unified,…