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Highlights with EIIR (Pareekh) Point of View (POV)

  • 2

    Persistent is improving user experience, scaling automation, and strengthening nearshore presence as a unified service partner for world?s leading technology and cloud services provider.

    Software Product    Persistent    US Nearshore Expansion    Service Provider Deals   

    EIIR POV: India centric engineering service providers will have to increase nearshore footprint to get greater share of client wallet.

  • 3

    Colnaghi, the oldest art dealership in the world, founded in 1760, announces the launch of The Colnaghi Virtual Experience, its new, cutting-edge digital collaboration with Endava. It fuses audio, video, documentation, and x-ray scans with interactive user elements, demonstrating how Web 3.0 technology can add to the viewer?s experience and enhance how we see, interpret and engage with works of art.

    Software Product    Colnaghi    Endava    Animation, AR VR Gaming    Virtualization    Metaverse    Service Provider Deals   

    EIIR POV: Metaverse usecases of immersive digital physical interaction are emerging with unique combination of two or more of 20 technologies.

  • 5

    Malaysia will be the first in Southeast Asia to manufacture Ericsson's 5G equipment for domestic and regional markets.

    Telecom    Ericsson    Manufacturing Plants    Localization    Malaysia   

    EIIR POV: Enterprise will optimize their manufcaturing footprint for regionalization and localization

  • 6

    FEV has opened its fifth office in Turkey at. Teknopark ?zmir, The company today employs a team of 450 experts with campuses in ?stanbul, Kocaeli, Ankara, Bursa and now ?zmir.

    Automotive    FEV    Eastern Europe R&D    Service Provider Geographic Expansion    Turkey   

    EIIR POV: European engineering service providers are accelerating their nearshor footprint.

  • 9

    Triton Electric Vehicle, which plans to make electric cars in India, will also roll out hydrogen-run two-wheeler and three-wheeler EVs from its plant in Gujarat. It has already established its R&D Center at Anand, Gujarat

    Automotive    Triton    India Investment    Enterprise R&D Center    Hydrogen    India   

    EIIR POV: Will hydrogen runTwo wheeler and Three wheeler take off in India?

  • 11

    Shopify will lay off 10% of workers. It made the wrong bet on the pandemic-fueled boom in e-commerce growth lasting. Now consumers are returning to retail stores.

    CPG Retail    Shopify    Job cuts    Enterprise R&D Center Downsizing   

    EIIR POV: Many assumptions about the digital boom will face a reality test now in high inflation environment. Non-essential retail and ecommerce sector are first sectors likely to be impacted.

  • 12

    Vimeo slashes workforce by 6%, including in Israel R&D center.

    Telecom    Vimeo    Job cuts    Enterprise R&D Center Downsizing    Israel   

    EIIR POV: Layoffs in Israel R&D sector shows enterprises are under stress and trying to rationalize R&D spend and headcounts. How quickly situation changes. Last year they announced they will double R&D headcount in Israel.

  • 13

    Safran Engineering Services is cooperating with Sonovision to form a strategic and privileged partnership with Airbus, active on various engineering activities. The framework contract, renewed this year, allows the consortium to offer Airbus complete engineering services - design, manufacturing engineering and customer services - and to ensure continuity of service throughout the entire V cycle.

    Aerospace    Airbus    Safran Engineering    Sonovision    Service Provider Partnership With Other SP    Service Provider Deals   

    EIIR POV: Service providers are partnering with other service providers for joint bids for engineering service deals.

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