How are software enterprises leveraging EIIR providers? (Deals/Contracts/ Partnerships)
Persistent is taking complete product engineering ownership for a leading encryption hardware manufacturer for solutions securing emerging technologies such as cloud, IoT, and blockchain.
AT&T and IBM strike a major cloud and networking alliance. IBM is starting to reap benefit of RedHat acquisition.
HCL has signed a multi-year contract with a Fortune 100 internet company for end-to-end validation of its custom designed hardware, which supports billions of consumers.
Rackspace announced a strategic partnership with Tech Mahindra which will enable cross-selling to the Tech Mahindra customer base, joint product and services offerings, and improvements to Rackspace’s internal business applications and processes. Rackspace will continue to own their application strategy and roadmap, while Tech Mahindra will bring expertise and best practices to deliver against this.
Empirix is working with Persistent Systems to deliver products to market more quickly through automation. Empirix took its monitoring application and decomposed it into smaller units, called micro services, which can be easily deployed into IT environments and scaled up. It cut its final test time from over six weeks to under three weeks – a 50% reduction – and plans to reduce that time further to just one week.
EPAM worked with BMI Group to develop a global web presence, spanning multiple countries and languages, that provided the flexibility and extensibility needed to support BMI Group’s growth. EPAM leveraged Sitecore Experience Platform,
TCS expanded its strategic partnership with Posten Norge AS, a Nordic postal and logistics group, to build a digital stack that will enable product innovation and a superior customer experience.
Wipro announced the successful launch of the first phase of noomis™️, the new online platform of FEBRABAN, an industry association that represents the financial services sector in Brazil.
How are software enterprises organizing their EIIR activities? (GICs/ R&D Best Practices/Solutions)
Atlassian plans to make its Bangalore R&D center third largest after US and Sydney.
Acronis, a Singapore-based global leader in cyber protection, opened its operations center featuring a cutting-edge research and development office, along with its largest and fastest growing data center in Tempe, Arizona. Over the next three years, the company will invest $50 million dollars in research and development efforts at the new Tempe facility, fueling innovative advances in blockchain, machine learning, and artificial intelligence-based cyber protection, as well as unique consulting services for the custom development and deployment of security and artificial intelligence solutions. The work conducted at the new Tempe office will allow Acronis to build stronger partnerships with North American cloud providers, software vendors, telecoms, and managed service providers.
Machines that smell and taste. Silicon Valley-based Aromyx is a startup specialized in digitizing taste and smell. Aromyx was initially backed by DARPA. Originally, the project set out to develop its principal technology application case. That was to digitize the taste and smell receptors of a canine in order to detect explosives and poisonous gases for the Department of Defense. The startup has now moved on to broadening the scope of the technology, so as to develop use cases in industrial and consumer markets.Right now, its main use cases are in process and quality control where chemical detectors have been unable to identify known malodors that are detectable by humans and also its sensors.
ByteDance expands presence in Greater Bay Area to attract HK talent. An R&D center in Hong Kong might be established. The company has more than 2,000 employees in Shenzhen and a total of 4,000 in the Bay area, said the report, and ByteDance plans to hire 10,000 people for its new headquarters within three years.
AI based question to SQL code generation is here now. Why will we need DBAs in future =)
Chinese face recognition tech unicorn SenseTime to set up an R&D center in the UAE. The EMEA R&D research center will focus on developing AI technologies for the medical, smart home, and education sectors.
Silicon valley-based data management firm Delphix has plans to open R&D center in India and hire over 100 engineers.
ServiceNow opens a large center in Hyderabad. The second largest centre for the company with 10,000 employees globally, the Hyderabad centre has about 2,000 employees. In next 9-12 month, ServiceNow will hire 1200 employees.
EagleView opens R&D center in India and will hire 500 people in next 24 months. This is their third and biggest R&D center globally. The other two R&D centres are in US and employ 180 people.
Google launches AI lab in Bengaluru.
Cloudfare to open R&D centre in Lisbon
Informatica sets up new R&D centre in Hyderabad. The company that has been in operations in the city since 2009 is looking to double its headcount from 150 people in the next two years.
HPE advances its intelligent data platform with acquisition of MapR business assets.
How are EIIR providers developing their solutions and capabilities?
Google revealed that its cloud business is on run rate of more than $8 billion, and it plans to triple the size of its salesforce.
PwC has added cryptocurrency auditing to its list of services as the firm expands into an asset class that is steadily adopting the accoutrements of traditional finance. Teams across PwC spent the past year designing tools that could match the private keys and public addresses assigned to crypto asset accounts,
Hewlett Packard Enterprise acquires business assets of MapR Technologies. Another acquisition in analytics platform space.
Salesforce acquires field-service company ClickSoftware for $1.35 billion. Salesforce Field Service Lightning, built on Service Cloud, harnesses the latest in dispatching, mobile workforce empowerment and IoT technologies to empower companies to connect their entire service workforce on a single, centralized platform. With the combined capabilities of Field Service Lightning and ClickSoftware, Salesforce will be positioned to lead the way to the future of field service. The company’s customers include Bosch and Vodafone.
Broadcom acquires Symantec enterprise security business for $10.7 billion in cash.
VMware is looking to acquire Pivotal Software.
EPAM announced its acquisition of Competentum, a full-stack educational content services company, and its learning platform, ShareKnowledge. The addition of Competentum, with its deep content development, optimization and learner-centric experience capabilities, will extend EPAM’s digital transformation proposition in the media, publishing and EdTech industries.
GlobalLogic expands its delivery presence in Noida with a new facility.
Reliance Jio and Microsoft partnership for cloud in India.
Warburg Pincus invests $200 Million in Indecomm Digital Services. I think Indecomm will use these funds for its inorganic expansion. It may emerge as another mid-tier Indian pure-play software product engineering provider and give competition to the likes of GlobalLogic, Persistent, Ness, Cybage, Infogain, Aspire, Xoriant and others.
Splunk acquires SignalFx for $1.05 billion. SignalFx which emerged from stealth in 2015, provides real-time cloud monitoring solutions, predictive analytics and more. Upon close, Splunk argues, this acquisition will allow it to become a leader in observability and APM for organizations at every stage of their cloud journey, from cloud-native apps to homegrown on-premises applications.
VMware acquires Carbon Black and Pivotal Software for $4.8 billion.
Accenture augments its software product and platform engineering expertise with the acquisition of Fairway Technologies.
ThoughtWorks launched Taiko 1.0, an open source browser automation tool. Taiko addresses the last mile to reliable testing, fixes the underlying problem behind ‘flaky tests’ and improves the browser automation experience.
Another private equity investment in engineering services. Advent International invests in Brazilian software product engineering provider CI&T. These funds will use for North American expansion.
Paytm ventures into cloud computing in India in partnership with its biggest investor Alibaba Group.
GlobalLogic acquires Skookum, a digital strategy, design and development firm headquartered in Charlotte, North Carolina.
An epic merger of 28 companies to create NTT Inc with $11 Billion revenue, 40000 employees and 10,000 customers. NTT Group will now have two large IT firms with combined revenue of more than $20 Billion – NTT Inc and NTT DATA Services.
Infogain acquires Silicus and augments its cloud offerings
PEDCO and GlobalLogic will work together in fostering the growing number of Applied SAFe® customers. Through this partnership, PEDCO will deliver its Applied SAFe® product while GlobalLogic experts will support select customers by providing digital product engineering services.
EPAM surpassed the 900 Google Cloud Platform (GCP) certification milestone. This is the latest chapter in EPAM and Google’s growing, global 12-year partnership.
Xoriant acquires Arth Systems based in Redmond, Washington. Arth Systems has a multifaceted association with Microsoft as an ‘Approved and Preferred Technology Vendor’, while also providing System Integration and Microsoft Cloud Managed services.
Software product engineering industry news
Uber is slashing 400 marketing positions, or roughly a third of its global marketing department. The job cuts will be made from several Uber offices globally, as it reduce costs and streamlines operations.
Silicon Valley tech talent is flocking to Austin, Texas, trading sky-high rent costs for live music and a newer tech scene. Google, Facebook, Atlassian, and Oracle have thousands of workers in Austin collectively. Apple announced that it’s shelling out $1 billion for a new campus in North Austin, with the potential to add 15,000 more workers to its existing 7000. Zoho is also shifting its HQ to Austin.
The worldwide advanced analytics talent pool is expected to reach 1 million people in 2020, double 2018 levels, and much of this growth is in India. India’s advanced analytics pool is expected to grow threefold to 210 K by next year from 65K in 2018
Snowflake, a cloud data warehousing provider, is growing at 237% and it’s taking business from Teradata and IBM. The comparison metric is number of concurrent data analysis queries. In one particular case it is Snowflake’s 250 vs Teradata’s 60.
Does edge threaten cloud market in the long run and should cloud providers partner with telcos to future-proof them from this cloud to edge shift. The edge market is expected to be $4 trillion by 2030.
Thousand of banned, unsafe or mislabeled products are found on Amazon. Looks scale is a double edged sword. Tech giants are no longer in control of content of their platforms.
Micro Focus saw its share price drop more than 30 %. Micro Focus blamed a slowdown in IT spending by businesses in Europe for a warning that revenues would drop by up to 8 % in the year. Micro Focus has steadily grown by acquiring older software companies including HP software business, stripping out cost and generating cash from maintenance contracts. Unlike high-growth technology peers seeking to boost revenue with new products, Micro Focus ekes its profit out of more than 300 older software products that are still used by large corporations. So is it Brexit or older products hitting growth plateau and going downhill ?
Syncsort acquires Pitney Bowes Software Solutions for $700 million.
GitHub acquires Semmle which automatically analyze code for security vulnerabilities.
Uber lays off 435 people across engineering and product teams.
MoviePass ends theater subscription service. Take a pause and rethink viability of subscription based business models.
Google Cloud could acquire Nutanix for $9 billion.
Software Product Engineering resources: consultant/ analyst updates
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