Software Product Engineering R&D Trends Q-1 2019

How are software enterprises leveraging R&D service providers? (Deals/Contracts/ Partnerships)

• 1

  Facebook has engaged HCL, Wipro, Tech Mahindra, Accenture and Genpact with contracts worth $400 million in its fight against fake news.

• 2

  Thomson Reuters, a leading source of intelligent information for the world’s businesses and professionals has partnered with TCS in product engineering and sustenance services for a suite of commercial software products that serves decision makers in the legal, tax and accounting businesses

• 3

  TCS is selected by an industry-leading American technology company as a strategic partner to improve the time-to-market across its products leveraging TCS Quality Engineering Transformation platforms.

• 4

  IBM HCL IP deal

• 5

  North American healthcare provider who has hired Wipro to enable the design, development and launch of their new healthcare marketplace. We are their partner for a new brand, platform and service, bringing agility and new ways of working to them

• 6

  LTTS secured a deal with a global pharmaceutical company for developing a mobile platform for Diabetic therapy. This will facilitate better collaboration between patients and doctors though efficient data collection and sharing.

• 7

  Falabella Group and ThoughtWorks Partner to accelerate the Digital Commerce journey of Latin America’s leading integrated retail brand

• 8

  TCS JDA Software partnership

• 9

  HCL Broadcom partnership

• 10

  Persistent is improving customer reach through enhanced digital experiences for a US-based financial products and services company

• 11

  Persistent is designing and developing tools for effective cash management implementation for one of the largest global investment banking enterprises

• 12

  Persistent is developing a cloud-based loan application system for a US-based bank

• 13

  Persistent is building an end-to-end portfolio management platform on OutSystems for a cloud-based credit management technology solutions provider in the United States

• 14

  Persistent is product engineering partner for an e-commerce giant – helping them to migrate their live digital assets and users, upon completion of crucial M&A activity

How are software enterprises organizing their R&D? (GICs/ R&D Best Practices)

• 1

  Atlassian is expanding in Bengaluru

• 2

  Rakuten looking to double India headcount

• 3

  Falabella Retail Chile’s $15 billion conglomerate is doubling down on India. It has opened its technology center in Bengaluru to focus on software engineering, mobile, analytics and AI. It plans to double its headcount by end of 2019.

• 4

  Silicon Valley Bank will increase its GIC headcount in Bengaluru to 250 from current headcount of 50.

• 5

  Walmart currently has 7500 people in its nine technology centers across the world and will increase the headcount in these centers by 2000 this year. Two of these tech centers are in India – Bengaluru and Gurgaon – which employ 1800 people. The headcount in Indian centers is likely to increase by 1000 this year.

• 6

  Amazon has 1300 vacancies in India to support both local and global business.

• 7

  Uber is doubling down on R&D in India. India R&D centers will help both Indian market as well as global markets.

• 8

  SAP is doubling down on R&D in India. It already has 7,500 strong R&D workforce in India and is adding about 1000 R&D professionals every year.

• 9

  Walmart Labs acqui-hire Int.Ai in India.

• 10

  Grab plans to double engineering strength in India from 200 to 400.

• 11

  SonicWall to grow India R&D workforce by 20% this year.

Software product engineering industry news

• 1

  Brazilian unicorn Nubank is looking for 400 techies from anywhere in the world.

• 2

  SAP’s restructuring will cost over 4000 jobs mainly in US and Germany. Last restructuring was in 2015 when it moved towards cloud. This restructuring is a move towards IoT, AI, block chain, and quantum computing.

• 3

  AMD Radeon™ GPUs and Developer Tools Tapped for New Generation Gaming Platform, Google Stadia

Software product engineering consultant/ analyst updates

• 1

  McKinsey: The seven make-or-break API challenges CIOs need to address (Link)

• 2

  RSG: The New Omnichannel Stack Reference Model from Real Story Group (Link)