T Bytes Consulting & IT Services

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T-Bytes
Consulting & IT Services
October Edition 2020
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates.................................................................................................................................................32
3. Rewards and Recognition Updates...................................................................................................................43
4. Customer Success Updates................................................................................................................................66
5. Partnership Ecosystem Updates.......................................................................................................................88
6. Environment & Social Updates......................................................................................................................105

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Financial, M & A Updates
Consulting & IT Services Technology

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Financial, M&A Updates
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Accenture Completes the Sale of Majority Stake in Bit2win Business to
Current Bit2win Management Team and GELLIFY
Accenture has completed the sale of its majority stake in the Bit2win business to the current Bit2win management team and GELLIFY
Digital Investment S.r.l. Terms of the transaction, which was announced on September 3, 2020, were not disclosed. Bit2win, a
software-as-a-service solution for order management and sales maximization built on Salesforce, came to Accenture in 2016 as part of
its acquisition of New Energy Group. The Bit2win business’ senior management team and approximately 25 personnel from Accenture
have transferred to the new company, of which Accenture has retained a minority stake. Accenture is a leading global professional
services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital
capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries
— powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. With 506,000 people serving
clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting
value across their enterprises.
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Accenture Increases Cloud First Capabilities in Australia and New Zealand With Acquisition of
SAP Specialist Provider Zag
Accenture has acquired New Zealand-based SAP and cloud solutions technology firm
Zag. The acquisition will bolster Accenture’s New Zealand and Australian digital
transformation capabilities to meet increased demand from organisations migrating to
the cloud and SAP’s next generation products. Zag has offices in Auckland, Wellington,
Sydney and Melbourne with a team of over 200 professionals. The company is a leading
SAP specialist provider that offers services including consulting, development, support,
testing and cloud migration. Clients include the New Zealand farmer owned cooperative
Ballance and Australian energy provider Hydro Tasmania. Accenture recently
announced the formation of Accenture Cloud First with a $USD3 billion investment over
three years to help clients across all industries rapidly become “cloud first” businesses
and accelerate their digital transformation to realise greater value at speed and scale.
Accenture’s acquisition of Zag follows other investments across Australia and New
Zealand in the past 18 months, including data analytics and supply chain management
company Icon Integration in February 2020; business strategy and econometrics firm
AlphaBeta in February 2020; specialist government consultancy Apis Group in
December 2019; big data and analytics company Analytics8 in August 2019; and
cybersecurity and technology company BCT Solutions in June 2019.
Executive Commentary
Accenture’s Technology Lead for Australia and New Zealand, said, “Zag’s
experience in delivering cloud and SAP solutions for a wide range of complex
businesses will be pivotal to the expansion of Accenture’s local technology offerings.
Their extensive expertise and knowledge further deepen our networks and
capabilities to meet the anticipated growth in demand for SAP and cloud services and
we are delighted to welcome them to the team.”
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Accenture to Acquire Myrtle Consulting Group to Expand Implementation of New Digital
Manufacturing, Operations and Supply Chain Models for Clients
Accenture has agreed to acquire Myrtle Consulting Group (“Myrtle”), an
industrial operations consulting firm headquartered in Houston. Myrtle
partners with leading companies across consumer products, life sciences,
chemicals, mining and other heavy manufacturing industries to produce and
distribute goods in a safer, more efficient and sustainable way. The acquisition
will expand Accenture’s manufacturing and supply chain capabilities.
Specifically, it will strengthen Accenture’s ability to transform these areas for
clients from initial value assessments and operating model strategies to new
business processes and technology solutions. Myrtle’s team will join
Accenture Industry X, which helps clients improve how they operate factories
and plants.
Global lead of Accenture Industry X, said: “Cost, quality and safety remain
a constant and rising challenge for manufacturing and operations leaders.
They need to free untapped value across production sites and distribution
centers, so they can invest in resilient and responsible operating models for
manufacturing and supply chains that are future-proof and digital-enabled.
This is what the combined skills of Accenture and Myrtle will help them
achieve.”
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Accenture to Acquire Avenai, Ottawa-based Business and Technology Consultancy
Accenture has agreed to acquire Avenai, an Ottawa-based provider of
consulting and technology services. Financial terms were not disclosed.
With Avenai’s significant focus on the public sector market, the acquisition
will enhance Accenture’s capacity to drive the technology transformation
taking place across the public sector in Canada. Since its establishment in
2012, Avenai has built a strong reputation with government and commercial
clients in the Ottawa and Toronto regions, growing from four to more than
70 employees. Avenai supports key aspects of business change, including
strategy development, process improvement, IT-enabled business
transformation, and organization culture transformation.
“COVID-19 is leading many Canadian organizations to accelerate their
technology transformations to ensure they come out ahead in this new
reality, and that’s why we are adding significantly to our team of experts
in Ottawa,” said President of Accenture in Canada. “We look forward to
working with the Avenai team to help our clients transform to meet the
challenges of and the future.”
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Accenture Completes Acquisition of Myrtle Consulting Group
Accenture has completed its acquisition of Myrtle Consulting Group (“Myrtle”), an industrial operations consulting firm headquartered
in Houston. Terms of the transaction, which Accenture announced on October 6, were not disclosed. Myrtle expands Accenture’s
manufacturing and supply chain capabilities. The company specializes in optimizing clients’ sourcing, production, supply chain
operations and execution, and also has deep expertise in change management methodology, organization design and implementation,
leadership development and frontline coaching. Myrtle’s team of more than 150 people joins Accenture’s Industry X practice. Accenture
is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology
and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities
across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers.
With 506,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their
performance and create lasting value across their enterprises.
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Accenture Completes Acquisition of B2B Sales Firm N3
Accenture has completed its acquisition of N3, an Atlanta-based
business-to-business (B2B) sales firm that combines specialized talent with
artificial intelligence (AI) and machine learning (ML) capabilities to enable
smarter, more efficient sales interactions. Now part of Accenture
Operations, N3’s approximately 2,200 employees have specialized skills
across complex areas like cloud, platforms and 5G networks. The
combination of N3’s cloud-based AI/ML technology with Accenture’s
SynOps platform will give Accenture the ability to aggregate millions of
interaction points into actionable insights to help clients drive sales growth.
Founded in 2004, N3 serves many of the world’s leading brands, including
Cisco, Microsoft and SAP. The company has locations across five
continents, including in Brazil, Costa Rica, India, Ireland, Germany, Japan,
Singapore, Spain, the U.K. and the U.S.
“Bringing N3 into the Accenture family will better enable us to help
companies influence purchasing decisions at critical stages,” said Group
chief executive of Accenture Operations. “Together, our real-time
insights will augment decision-making, deepen sales interactions and
help our clients achieve sustainable growth. We are excited about the
potential of what Accenture and N3 can achieve together.”
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Accenture Acquires Cloud-Native Provider Enimbos, Bolstering Cloud-First Capabilities in
Spain and Portugal
Accenture has acquired Enimbos, a Madrid-based provider of cloud migration and
related services, enhancing its Amazon Web Services (AWS) capabilities,
multi-cloud strategy and cloud migration services in Spain and Portugal. The
acquisition follows Accenture’s recent announcement of a US$3 billion investment
to help clients rapidly become “cloud-first” businesses and accelerate their digital
transformations. Enimbos is an AWS Premier Consulting Partner with more than 130
AWS certifications and has strong relationships with other cloud providers, bringing
a total of more than 260 cloud-related certifications. In addition to cloud migration
services, Enimbos also provides cloud modernization services, standardized
multi-cloud managed services, and cloud governance and optimization. Enimbos is
headquartered in Madrid, with additional offices in Cáceres, Mérida and Barcelona
in Spain, and in Aveiro and Lisbon in Portugal.
“The acquisition of Enimbos brings more cloud-native skills and experience to
our growing Cloud First organization,” said, Accenture’s Cloud First lead.
“We’ve learned from more than 34,000 cloud projects that a cloud-first strategy
begins with creating a holistic cloud journey that influences many aspects of a
client’s business, including their applications, infrastructure, talent and
surrounding cloud ecosystem. Cloud-native capabilities are essential to designing
next-generation systems that power the innovation that businesses need at speed
and at scale.”
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Accenture Announces Intent to Acquire OpusLine and Create a Dedicated Health Practice in France
Accenture has entered into an agreement to acquire Paris-based OpusLine, one of
the leading consulting companies that provides strategic advisory and
transformational services to public- and private-sector healthcare providers as
well as life sciences and insurance companies in France. Following the
acquisition of OpusLine, Accenture would be better positioned to provide health
industry clients with the latest innovations in areas such as data analytics and
artificial intelligence (AI) and support the health ecosystem with highly
differentiated services. Founded in 2012, OpusLine is one of France’s largest
independent health consulting companies, employing more than 85 consultants.
Following the acquisition, OpusLine’s employees would join the newly created
Health practice of Accenture Strategy & Consulting and enhance its ability to help
clients innovate and deliver digital innovation across their organizations.
“Our intent to acquire OpusLine is aligned with our development strategy and
underscores our commitment to the health industry, which is a fast-growing
sector for Accenture and also for society as a whole,” said, market unit lead
for Accenture France & Benelux. “OpusLine’s extensive industry knowledge
complements Accenture’s deep technology expertise and would provide our
clients in France with even greater access to local and global industry
expertise as they embrace new technologies and processes.”
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Accenture Completes Acquisition of SALT Solutions
Accenture has completed its acquisition of SALT Solutions AG (“SALT Solutions”), a technology consultancy headquartered in Würzburg,
Germany. Terms of the transaction, which Accenture announced on September 16, were not disclosed. SALT Solutions implements and maintains
technology systems for production, operations and logistics at leading German automotive, manufacturing, consumer goods and chemicals
companies. Its more than 500 highly skilled professionals join Accenture’s Industry X practice to expand Accenture’s digital manufacturing,
operations and supply chain business in Germany. Accenture is a global professional services company with leading capabilities in digital, cloud
and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting,
Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent
Operations centers. Our 506,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120
countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.
Accenture Industry X embeds intelligence in how clients run factories and plants and design and engineer products. We use digital technologies
like AI, cloud and IoT to make manufacturing and operations more efficient, effective and safe, and develop and scale connected products and
services faster to drive new revenues and sustainable growth.
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Atos completes the acquisition of EcoAct
Atos, a global leader in digital transformation, announced that it has completed
the acquisition of EcoAct, an internationally recognized climate strategy
consulting firm. EcoAct, with its team of 160 climate experts, and Atos will shape
a global Decarbonization Excellence Center with comprehensive delivery
capabilities that help organizations succeed in their climate ambitions. After
having announced its commitment to drive decarbonized digital services, Atos
continues to build its sustainability consulting capabilities by welcoming EcoAct
to the organization. The company will operate under the brand “EcoAct, an Atos
Company” and will continue to be led by its founders – Thierry Fornas and Gérald
Maradan. Building on Atos and EcoAct’s combined expertise, a Global
Decarbonization Excellence Center will be created. It will apply a comprehensive
approach to decarbonization, providing customers globally with a full
assessment, identifying pathways to achieving carbon neutrality and providing
digital solutions to decarbonize their digital and business processes. For their
remaining CO2 emissions, and as part of the “Contribute to Zero” offer, voluntary
carbon offsetting will be offered, thereby accompanying organizations to reach
carbon neutrality.
“As part of Atos’ ambition to unlock the carbon neutral economy with digital
technologies, we recognize the need to develop a 360-degree approach to
support our customers at all stages of their decarbonization process,” explains
Head of Decarbonization Business Line and Head of Growing Markets at
Atos. “The integration of EcoAct now expands our decarbonization
capabilities to expand our consultancy and include offsetting services,
enabling unparalleled business value for our customers and reinforcing Atos’
position as the leader in decarbonized digital business technology.”
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Atos completes the acquisition of Paladion
the acquisition of Paladion, a US-based global provider of Managed Security
Services. As the number 1 in Europe and number 3 worldwide in cybersecurity
services, Atos continues to build its cybersecurity potential, notably by
welcoming more than 800 Paladion employees and cybersecurity experts.
Completing Atos’existing proficiency to anticipate, manage and respond to cyber
threats, this acquisition will bring key Managed Detection & Response (MDR)
capabilities – which customers need as they are adopting hybrid and multi-cloud
transformation strategies for their businesses – to the Atos portfolio, with multiple
MDR centers. It will also expand global coverage for cybersecurity monitoring
and response with 4 additional Security Operations Centers (SOC) in the US, the
Middle East and India. Finally, it will enable the creation of the next generation of
Atos’ Prescriptive SOC offering by integrating Paladion’s state-of-the-art AIsaac
artificial intelligence (AI) platform for cyber analytics and hybrid SecOps. This
SaaS model for multi-vector threat detection and response is a patented
technology with over 1000 use cases and 100 AI models.
“The acquisition of Paladion is part of our strategy to expand our cyber
capabilities and technologies to help our customers meet the security
challenges they face. Customers on both sides appreciate the capabilities the
merger brings and we’re confident that we are ideally positioned to accelerate
our business.” said Senior Executive Vice-President, Head of Big Data &
Cybersecurity at Atos, commenting on the finalization of the deal.
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Atos completes the acquisition of digital.security
the acquisition of digital.security, a subsidiary of Econocom group and a leading
independent player in cybersecurity in France and BeLux. With this acquisition,
Atos strengthens its global cybersecurity services and consolidates its leading
position in the market. By integrating digital.security’s expertise, with around 250
highly skilled consulting professionals and experts, and combining it with Atos’
operational implementation and technology capabilities, Atos will reinforce its
end-to-end approach for clients. With this acquisition, Atos will continue to
champion resiliency and privacy by design in supporting customers in their
digital journey. Atos will also benefit from a key asset in the fight against IoT
threats and vulnerabilities thanks to CERT-DS, the first European CERT™
(Computer Emergency Response Team) developed by digital.security with a
dedicated lab to test the security of IoT devices, with hardware to software reverse
engineering, de-assembling and radiofrequency signal decoding.
Chief Analyst of Cyber Security Research at teknowlogy, said: “This
acquisition is of mutual interest. digital.security will gain global reach and
scale and will benefit from Atos’expertise and leading rankings in MSS while
Atos extends its cybersecurity resources with increased consulting capacity
and new IoT experts – strengthening its end-to-end capabilities for clients
across all industries and affirming its leading position in cybersecurity
services in France and in Europe. With this strategic move, Atos also gets an
extended vision of data protection, identity governance and cyber threat
management that spans through IT, IoT and OT.”
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Atos enters into exclusive negotiations to acquire Edifixio and to reinforce its Cloud and
Salesforce practice in the French market
Atos, a global leader in digital transformation, announces it has entered into
exclusive negotiations with the shareholders of Edifixio, a French cloud and
Salesforce consulting and integration company, to acquire it. The acquisition would
further strengthen Atos’ position as a leader in Salesforce and Public Cloud services
in the French market by bringing experienced consultants to the Atos team.
Consistent with its targeted acquisition strategy, the operation will expand Atos’
client portfolio and established expertise in Cloud, Salesforce and Application
Transformation with an extensive set of skills developed by Edifixio’s team of 370
consultants working for blue-chip companies across 4 countries - France, India,
Tunisia and the US. Edifixio combines a tailored transformation approach with over
20 years of expertise in designing, developing and integrating solutions within the
Cloud environment based on open source and third-party technologies, in particular
Salesforce. The company has a recognized, solid track-record in the French market
and is a leading Salesforce Gold Partner, Amazon Web Services Premier Consulting
Partner, Azure Gold Partner, IBM Gold Business Partner, and an open source actor,
with 472 certifications overall.
“Cloud and Salesforce continue to be driving forces of growth for Atos and we’re
excited to unite our enhanced digital services development and delivery
capabilities with Edifixio’s tailored approach to Cloud”, said Chief Executive
Officer, Atos in Southern Europe. “As more and more companies move towards
digital business models, they look to adopt an agnostic Cloud-model and the
acquisition of Edifixio will strengthen our positioning as their trusted partner.”
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Atos to acquire leading Cyber Security consulting company SEC Consult
Atos, a global leader in digital transformation, announces it has reached an agreement to
acquire SEC Consult Group, a leading international Cybersecurity consulting provider.
This acquisition will confirm Atos’ leading position in cybersecurity services in the
DACH (Germany, Austria, Switzerland) region with more than 600 experts and will also
strengthen its number 1 position in Europe. For SEC Consult this opens the opportunity
to expand into additional markets and to gain a new customer base on a global scale. SEC
Consult is a leader in providing cyber security consulting, penetration testing, red
teaming and technical assessment services in DACH, APAC regions (Singapore,
Thailand, Malaysia) and North America, serving large customers with a special focus on
companies in the Finance, Utilities, Technology and Public Sectors with its team of over
200 highly skilled specialists. Atos will benefit from SEC Consult’s Cybersecurity
expertise, especially its pen testing, red teaming and incident response capabilities,
offering significant synergy with Atos’ activities and customers – while SEC Consult
will benefit from Atos’ extensive expertise and leading rankings in Managed Security
Services.
“With this strategic move, Atos confirms its position as a leader in the European
Cybersecurity market and initiates its Cybersecurity consulting presence in APAC to
complement its existing Managed Security Services Provider and Cybersecurity
products offering. SEC Consult’s experience, highly skilled people and reputation in
the market will strengthen the Atos team in Central Europe and serve as a
spring-board for building our business in APAC as a region with very high growth”
said Senior Executive Vice-President, Head of Big Data & Cybersecurity at Atos. “In
the context of our latest acquisitions, the acquisition of SEC Consult demonstrates
our ambition to become the key Cybersecurity provider for global organizations on
their digital journey.”
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Atos acquires U.S. Salesforce Gold Partner Eagle Creek
Atos, a global leader in digital transformation, announced that it has reached
an agreement to acquire Eagle Creek Software Services (Eagle Creek), a U.S.
based technology and management consulting company specialized in
Salesforce enterprise implémentations for its customers across North America.
The purchase will embed Eagle Creek’s strengths in enterprise customer
relationship management, end-to-end application development, and business
intelligence integration and support with Atos’ growing foundation in
Salesforce and its deep understanding in a seamless multi-channel customer
experience.
“The acquisition of Eagle Creek and their specific expertise in Salesforce
will bolster our digital portfolio in North America and worldwide. It will
provide us the opportunity to develop a world-class Atos Salesforce
franchise and provides us an ability to help clients manage and maximize
their customer interactions, and providing them the means to add more
value while also improving customer satisfaction,” said Chief Executive
Officer, Atos in North America. “The transaction also serves to reinforce
Atos’ service excellence as Eagle Creek’s culture and values take our
customer dedication to new heights.”
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Atos, a global leader in digital transformation, announces its revenue for the
third quarter of 2020
• Revenue in the third quarter of 2020 reached € 2,644 million, down -3.5% organically compared to Q3
2019 and -2.5% at constant currency.
• Manufacturing reported a revenue of € 469 million, representing a decrease by -12.8% organically
compared to Q3 2019. The Industry was significantly impacted by the Covid-19 pandemic, with volume
reductions from Aerospace clients, both in Southern Europe and Central Europe, and in the Automotive
sector in Southern Europe, North America and Central Europe. The Industry also faced base effects on
contracts ended in 2019 in Northern Europe.
• Financial Services & Insurance revenue was € 506 million in the third quarter 2020. The Industry was
down by -2.6% organically compared to Q3 2019. The performance recorded in Southern Europe and to a
lesser extent in Central Europe was positive and partly mitigated Covid challenges in North America,
Northern Europe and Growing Markets.
• Public Sector & Defense was the most dynamic Industry with € 618 million, representing 23% of the
Group revenue, and a growth of +13.0% compared to Q3 2019 at constant scope and exchange rates. The
growth was mainly fueled by Northern Europe with European institutions, North America with the
ramp-up of new contracts and increased sales with existing customers, and by the delivery of new Big Data
projects in several geographies in Europe and in Growing Markets.
• Telecom, Media & Technology revenue was € 359 million, decreasing by -4.8% organically compared to
Q3 2019. The Industry recorded growth in High Tech & Engineering as well as Media due to ramping-up
contracts in Northern Europe and North America which did not entirely compensate the challenging
situation in Telecom across most of the geographies.
• Resources & Services revenue in the third quarter 2020 reached € 376 million, decreasing by -16.3%
organically compared to Q3 2019. This Industry was mainly impacted by the ramp-down of projects in
North America and by Covid across all geographies especially in Retail and Transportation.
• Healthcare & Life Sciences revenue was € 317 million, up by +2.2% compared to Q3 2019 at constant
scope and exchange rates. In the current sanitary context, the Industry recorded a solid performance for the
second consecutive quarter thanks to a strong performance in Pharma sector. Healthcare & Life Sciences
achieved growth in most geographies.
CEO, said: “Our ongoing Spring transformation is enabling the group to adapt rapidly to meet
customer needs in each Industry. For Q3, this has resulted in a record high order book (even without
Siemens renewal and expansion) as well as a record high pipeline of commercial offers. Thanks to our
105,000 colleagues embarked on this transformation, the Group is achieving success both
qualitatively and quantitatively. Our business in Digital, Cloud, Security and Decarbonization is
growing rapidly and changing the profile of the Group significantly. This quarter was obviously also
marked by the renewal and expansion of our strategic partnership with Siemens. Overall, this very
high level of commercial activity will support the revenue recovery started in Q3 and the return to
growth in 2021.
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Cognizant to Acquire Bright Wolf, Accelerating Growth in Industrial Internet of Things Services
Cognizant announced it has agreed to acquire Bright Wolf, a privately held
technology services provider specializing in custom Industrial Internet of
Things (IIoT) solutions for Fortune 1000 companies. Bright Wolf is certified
by all major cloud providers and acknowledged as an expert in IoT. The
company is a Microsoft Gold Partner and has been named an Amazon Web
Services Advanced Technology Partner, IoT Competency. With the close of
the acquisition, Cognizant will establish its newest IoT innovation lab in the
Raleigh-Durham, N.C., Research Triangle, with the Bright Wolf team as its
core. Bright Wolf will enrich Cognizant's smart products offering and
expertise in architecting and implementing IIoT solutions. Bright Wolf
delivers design consulting, development, and digital transformation services
for clients such as Caterpillar and ITW Hartness in manufacturing, energy,
transportation, water, healthcare, and agriculture, among other industries. For
example, Bright Wolf recently introduced a solution for automation of cold
chain transportation and refrigeration assets for one of the world's largest
logistics companies.
"Combining Bright Wolf's experience in production-class IIoT
deployments with Cognizant's expertise in foundational IIoT technologies
will increase our clients' resiliency, operational efficiency, and competitive
advantage," said President, Digital Business, Cognizant. "Companies are
increasingly embracing IIoT, and Bright Wolf's team of senior IIoT
architects have delivered the business value others have struggled to
achieve. We look forward to this talented team joining Cognizant."
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Cognizant Reports Third Quarter 2020 Results
• Revenue of $4.2 billion, down 0.1% (0.7% in constant currency1) including a negative 130 basis
points impact from the exit of certain content services
• GAAP operating margin was 14.2% vs. 15.7% in the prior year period while GAAP diluted EPS was
$0.64, including a negative one-time tax impact2 of $0.26 per share, vs. $0.90 in the prior year period
• Adjusted Operating Margin1 was 15.9% vs.17.3% in the prior year period while Adjusted Diluted
EPS1 was $0.97 vs. $1.08 in the prior year period
• Year-to-date bookings1 increased 15%
• Year-to-date cash flow from operations of $2.4 billion and free cash flow1 of $2.1 billion
• Since the beginning of Q3 through October 27th, returned to shareholders over $700 million through
share repurchases and $120 million in dividends
• FY2020 revenue expected to be at the high end of the previously guided range at approximately
$16.7 billion, or a decline of 0.4% in constant currency. Adjusted Diluted EPS3 in the range of $3.63
- $3.67, an increase from prior guidance of $3.48-3.58
Full Year 2020 Outlook
The Company is providing the following guidance:
• Full year 2020 revenue expected to be approximately $16.7 billion, or a decline on a constant
currency basis of 0.4%. This assumes an estimated negative 10 basis points foreign exchange impact
and a negative 110 basis points impact from the exit of certain content services
• Full year 2020 Adjusted Operating Margin4 expected to be approximately 15%
• Full year 2020 Adjusted Diluted EPS expected to be in the range of $3.63-3.67
"Against a challenging demand environment, we continued to strengthen our portfolio, execute
our digital strategy and increase our competitiveness," said Chief Executive Officer. "Clients are
realizing they can distinguish themselves if they embrace disruption and transform. We are
committed to making that easy for them."
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DXC Technology Completes Sale of U.S. State and Local Health and Human Services Business to
Veritas Capital, Creating Gainwell Technologies
DXC Technology announced that it has completed the sale of its U.S. State and
Local Health and Human Services business to Veritas Capital, a leading
investor in government and healthcare technology businesses, to form
Gainwell Technologies. DXC intends to use the net proceeds from the $5
billion cash consideration to strengthen its balance sheet and reduce debt by
about $3.5 billion. Following the repayment of debt, DXC will have
approximately $6.0 billion of total debt on its balance sheet and net-debt of
about $3.0 billion. Gainwell will operate as a standalone company with over
7,500 employees who support clients across 42 U.S. states and territories with
offerings including Medicaid Management Information Systems (MMIS),
fiscal agent services, program integrity, care management, immunization
registry and eligibility services. With over 50 years of proven experience,
Gainwell carries forward a reputation for technological innovation, service
excellence and unparalleled industry expertise in offering clients scalable and
flexible solutions for their most complex challenges.
“On behalf of everyone at DXC, I would like to thank our people who are
joining Gainwell for their service and commitment to DXC. I would also
like to thank our customers who are in great hands going forward,” said
President and CEO, DXC. “I am very pleased that we have delivered on
our plan in completing this transaction, which strengthens our balance
sheet and allows us to bring the ‘new DXC’ to the market. Our focus on
our people and our customers combined with our improved financial
flexibility better positions DXC for long-term success.”
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Firstsource Solutions Reports Second Quarter Fiscal 2021 Results
• Revenues at Rs. 11,877 million (US$ 159.8 Million), 20.6% Y-o-Y and 13.1% in CC
• Operating Margin (OM) at Rs. 1,358 million or 11.4% of revenues
• Profit After Tax (PAT) at Rs. 1,053 million or 8.9% of revenues
• Diluted Earnings Per Share (EPS) of Rs. 1.50
• Added 2,129 employees in the quarter
Key Business Highlights:
• With the continued strengthening of the macro environment, we delivered a strong performance
across our businesses, adding 15 new clients in the quarter.
• Healthcare Provider business added two new clients to its roster in the Medicaid Eligibility and
Out-of-State Revenue Cycle Management (RCM) Services space.
• Healthcare Payer business changed its name to ‘Health Plans and Healthcare Services’ (HPHS) to
better reflect the scope of the broader healthcare segments we serve. The business continued to
make strategic inroads into the burgeoning remote Healthcare market and on-boarded a leading
provider of home-based and mobile healthcare services.
• On-boarded a Fintech client to provide Digital Collections services and eventually the broader
Digitally Empowered Contact Center (DECC).
• Added nine new clients to our mortgage business and saw increased volumes across the broader
BFS client base.
• Healthcare Provider business MedAssist awarded ‘2020 Top Patient Engagement Solutions
Provider’ by Healthcare Tech Outlook.
Speaking on the results, Chairman, RPSG Group and Firstsource Solutions said, “We delivered
solid results in Q2 with broad-based growth as economies continue to recover. I’m pleased with
the strong performance and new client acquisitions across our Financial Services, Healthcare and
Born Digital segments. I commend the Firstsource team for their strength and resilience. Looking
forward to continued growth momentum steered by our Digital First, Digital Now approach.”
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General Dynamics Reports Third-Quarter 2020 Results
• Net earnings of $834 million and diluted EPS of $2.90, up 33%
sequentially
• Cash from operating activities 134% of net earnings
• Company-wide operating margin for the quarter was 11.5%, a 240
basis-point increase from the previous quarter, with a notable increase of 620
basis points in the Aerospace segment’s margin. Return on sales was 8.8%, a
210 basis-point increase over the previous quarter.
• Net cash provided by operating activities in the quarter totaled $1.1 billion,
or 134% of net earnings. Free cash flow from operations, defined as net cash
provided by operating activities less capital expenditures, was $903 million,
a 108% conversion of net earnings.
• In the third quarter, the company reduced its net debt by $388 million to
$11.9 billion, a decrease of 3.2% from the previous quarter. Capital
expenditures were $216 million, or 2.3% of revenue.
“As we manage through this challenging time, we remain focused on the
basics of operating performance, especially cash conversion and the early
and aggressive management of costs, as evidenced this quarter by our
strong operating margin and return on sales,” said Chairman and chief
executive officer. “Moreover, we continue to reduce debt and invest in the
company for future growth.”
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Genpact Continues Its Investment in Rightpoint with Acquisition of eCommerce Agency, Something Digital
Genpact, a global professional services firm focused on delivering digital
transformation, announced the expansion of its experience business, Rightpoint, with the
acquisition of Something Digital. The addition of Something Digital's deep commerce
expertise to Rightpoint's customer experience leadership, will further enable the
company's ability to drive experience-led transformation at scale for clients across
industries. announcement furthers Genpact's strategy to fuse experience and process
innovation to help clients drive end-to-end digital transformation and win in the growing
experience economy. Genpact's acquisition of Rightpoint in 2019, which consolidated its
TandemSeven experience business into the Rightpoint brand, created an industry-leading
experience firm. The addition of Something Digital expands on that expertise, enabling
true end-to-end digital commerce that puts customer experience at the center. With
consumer commerce spending increasing 44.5% year over year*, digital commerce has
quickly and radically shifted from being one element of a multi-channel strategy to a
primary business for many across retail, consumer packaged goods (CPG), and
manufacturing. In this environment, having an agile, experience-centered digital
commerce business has become table stakes for survival for clients around the world.
"The shift from offline to online is impacting companies across every industry in a
variety of ways, large and small," said chief strategy officer and global business
leader, enterprise services, at Genpact. "Bringing together Rightpoint's tremendous
experience expertise, with Something Digital's commerce resources, creates a step
change in our ability to help clients connect their enterprise front to back to finally be
able to solve for experience-led, end-to-end digital commerce."
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Infosys Completes Acquisition of GuideVision, a Leading ServiceNow Elite
Partner in Europe
Infosys, a global leader in next-generation digital services and consulting, announced that it has completed the acquisition of GuideVision,
one of the largest ServiceNow Elite Partners in Europe and an award winning enterprise service management consultancy specialised in
offering strategic advisory, consulting, implementations, training and support on the ServiceNow platform. This follows the announcement
the company made on September 14, 2020. Through this acquisition, Infosys further enhances its digital capabilities, strengthens Infosys
Cobalt portfolio of cloud services and reaffirms commitment to the growing ServiceNow ecosystem. GuideVision brings to Infosys,
end-to-end offerings, including SnowMirror - a proprietary smart data replication tool for ServiceNow instances – that enables over 100
enterprise clients to simplify complex business and IT processes. GuideVision’s training academy and nearshore capabilities in Czech
Republic, Hungary, Poland, and presence in Germany and Finland strengthens Infosys’ ServiceNow capabilities, offering clients in Europe
unparalleled capabilities in cloud-first digital transformation. ServiceNow is one of the fastest growing enterprise software companies, and
is becoming an ‘essential service’ and workflow standard for organizations. Infosys was recognized by ServiceNow as the 2019 and 2020
ServiceNow Global Service Provider Partner of the Year.
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Infosys to Acquire Award-Winning Digital Customer Experience, Commerce & Analytics Company,
Blue Acorn iCi
Infosys a global leader in next-generation digital services and consulting, announced a
definitive agreement to acquire Blue Acorn iCi, Adobe Platinum partner in the US, and a
leader in digital customer experience, commerce and analytics. The move further
strengthens Infosys’ end-to-end customer experience offerings and demonstrates its
continued commitment to help clients navigate their digital transformation journey. Blue
Acorn iCi is an award-winning digital customer experience company. It brings to Infosys
significant cross-technology capabilities through the convergence of customer
experience, digital commerce, analytics, and experience driven commerce services. With
services that include strategy, analytics, design, and engineering, Blue Acorn iCi elevates
marquee global brands across industries from Media, Consumer Goods & Retail, to
Financial Services, Manufacturing and Technology. Together with Infosys’ earlier
acquisition of WONGDOODY that offers creative and marketing services, BlueAcorn
iCi brings complimentary capabilities to help global CMOs and businesses thrive in a
digital commerce world. This acquisition further deepens Infosys’ capabilities in the
Adobe, Magento, Salesforce Commerce and Shopify ecosystems. With over a
decade-long track record of building digital content and commerce experiences for
Fortune 500 brands, Blue Acorn iCi has attained the unique position of being among the
first ever Adobe Platinum Partners with AEM & Magento Specializations while also
receiving the 2020 Emerging Solution Partner of the Year award in the Americas.
President, Infosys, said, “We are focused on partnering with global brands and
CMOs to help them navigate their digital experience and commerce challenges. The
Blue Acorn iCi acquisition is another important milestone in Infosys’ journey to
build capabilities relevant to the digital priorities of our clients and reaffirms our
commitment to the Adobe ecosystem. We are excited to welcome Blue Acorn iCi and
its leadership team into the Infosys family.”
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Infosys Completes Acquisition of Product Design and Development Firm, Kaleidoscope
Innovation
Infosys, a global leader in next-generation digital services and consulting, announced that it has completed the acquisition of Kaleidoscope Innovation, a
full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the
design of smart products. This follows the announcement the company made on September 03, 2020. This acquisition demonstrates Infosys’ commitment
to innovate for its clients and make meaningful impact on human lives through a combination of cutting-edge technologies. This collaboration further aims
to revolutionize patient care, treatment, diagnostics and consumer health, across the world. With Kaleidoscope Innovation, Infosys will further strengthen
its digital offerings and also its workforce, with a diverse talent pool with extensive knowledge of design and engineering. Kaleidoscope leverages a deep
understanding of clinical environments, strong product development capabilities across domains, and a consultancy-style approach addressing human
factors, product design, UI/UX design, research & insight, development and visualization. It serves a marquee and diversified customer base with state of
the art, in-house labs, 3D design environments and customer experience centers. Kaleidoscope Innovation designs microsurgical instruments, devices used
in minimally invasive surgery, drug delivery devices for ophthalmic therapies and user-centric wearables. It also offers usability testing in support of
regulatory submissions, including the delivery mechanism for aortic stents.
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Infosys Completes Acquisition of Award-Winning Digital Customer Experience,
Commerce & Analytics Company, Blue Acorn iCi
Infosys a global leader in next-generation digital services and consulting, announced that it has completed the acquisition of Blue Acorn iCi, an Adobe
Platinum partner in the US, and a leader in digital customer experience, commerce and analytics. This follows the announcement the company made
on October 08, 2020. This acquisition further strengthens Infosys’ end-to-end customer experience offerings and demonstrates its continued
commitment to help clients navigate their digital transformation journey. Blue Acorn iCi brings to Infosys, significant cross-technology capabilities
through the convergence of customer experience, digital commerce, analytics, and experience driven commerce services. Together with Infosys’
earlier acquisition of WONGDOODY that offers creative and marketing services, Blue Acorn iCi brings complimentary capabilities to help global
CMOs and businesses thrive in a digital commerce world. This acquisition further deepens Infosys’ capabilities in the Adobe, Magento, Salesforce
Commerce and Shopify ecosystems.
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Persistent to acquire CAPIOT – strengthening MuleSoft, TIBCO and API-led integration capabilities
Persistent Systems announced it has entered into an agreement to acquire Palo
Alto, CA-based CAPIOT, including its subsidiaries in Australia, India and
Singapore. Founded in 2014, CAPIOT specializes in enterprise integration with
valuable expertise in MuleSoft, Red Hat and TIBCO. In addition, CAPIOT
delivers enterprise modernization, leading with advanced proficiency in key
partner platforms, frameworks and industry data models. The acquisition further
strengthens Persistent’s ability to:
• Provide enterprise integration strategy & advisory services to guide clients with
their integration strategy, platform choice, and roadmap to meet business goals.
• Implement API-led integrations using specialists in the leading integration
platforms coupled with frameworks and industry-specific common data models
designed to accelerate business outcomes.
• Provide managed Integration Services to support changing business needs and
innovation.
Executive Director and President of Persistent Systems “For enterprise IT to
succeed in advancing business goals and sales, it must have a central
integration platform to work across disparate applications and data sources.
CAPIOT’s singular focus in enterprise integration with key platform players
like MuleSoft and TIBCO coupled with proprietary frameworks and common
data models have accelerated implementations, with many successful rollouts.
Their strong history in enterprise integration will provide many of our clients
an immediate benefit and will help us solidify our Salesforce ecosystem
capabilities. We look forward to welcoming CAPIOT employees, clients, and
partners to our family”
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Unisys Announces Third-Quarter Results
• Third-quarter revenue was $495.2 million, versus $552.1 million in the prior-year period, and was up
12.9% sequentially (down 10.3% year over year or 9.8% on a constant-currency basis). Non-GAAP
adjusted revenue was $495.1 million, relative to $545.3 million in the prior-year period, and was up
12.8% sequentially.
• Third-quarter total company operating profit was $27.7 million, versus $49.4 million in the prior-year
period, and was up $36.2 million sequentially. Operating profit margin was 5.6%, versus 8.9% in the
prior-year period, and was up 750 bps sequentially.
• Net loss from continuing operations was $13.3 million versus $29.2 million in the prior-year period and
also improved $63.2 million sequentially, from a net loss of $76.5 million in the second quarter.
• Diluted loss per share was $0.21, compared to $0.50 in the prior-year period, and also improved by
$1.00 sequentially.
• Non-GAAP net income was up 116% year over year to $34.6 million, versus non-GAAP net income of
$16.0 million in the prior-year period, and was up $44.3 million sequentially. Non-GAAP diluted
earnings per share was up 96.2% year over year to $0.51, versus $0.26 in the prior-year period, and was
up $0.66 sequentially
• Adjusted EBITDA was $74.0 million, relative to $84.4 million in the prior-year period, and was up
47.4% sequentially. Net income margin was (2.7)%, compared to (5.3)% in the prior-year period, and was
up 1470 bps sequentially. Adjusted EBITDA margin was 14.9%, relative to 15.5% in the prior-year
period, and was up 350 bps sequentially.
• Operating cash flow was up $48.6 million year over year to $66.3 million, versus $17.7 million in the
prior-year period, and was up $80.5 million sequentially. Free cash flow was up $48.6 million year over
year to $34.3 million, relative to $(14.3) million in the prior-year period, and was up $83.9 million
sequentially.
• Adjusted free cash flow was up $38.5 million year over year to $52.4 million, versus $13.9 million in
the prior-year period, and was up $89.5 million sequentially.
"Revenue, profitability, cash flow and Services TCV all improved from the COVID-related
disruptions in the second quarter, with significant sequential revenue growth and margin expansion in
both Services and Technology, and non-GAAP operating profit margin expansion both sequentially
and year over year," said Unisys Chairman and CEO. "The net proceeds from the notes offering we
recently priced will allow us to significantly reduce our future required pension cash contributions and
pension deficit."
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Wipro to acquire Eximius Design, strengthens leadership in VLSI and systems design services
Wipro Limited a leading global information technology, consulting and business
process services company, announced that it has signed a definitive agreement to
acquire Eximius Design, a leading engineering services company with strong
expertise in semiconductor, software and systems design. Eximius provides
end-to-end solutions and services for building smarter, smaller and faster
connected products for various use cases of IoT, Industry 4.0, Edge Computing,
Cloud, 5G and Artificial Intelligence. Their expertise spans across SOC, IP, ASIC,
FPGA, Hardware System and Software domains. Founded in August 2013 and
headquartered in San Jose, California, USA, Eximius has design centers in the
US, India and Malaysia. Their clientele includes some of the Fortune 100
corporations and new age companies across semiconductors, cloud and
hyperscale infrastructure, consumer electronics and automotive segments.
Eximius’ offerings and solutions will be consolidated as a part of Wipro’s
EngineeringNXT framework, providing customers with a platform to innovate
and engineer the next generation of products and platforms at scale.
“Eximius enables Wipro to strengthen market leadership in VLSI and systems
design services by expanding our market presence and strengthening our
technical leadership in the semiconductor ecosystem, to help accelerate
silicon innovation for our customers. We are pleased to welcome Eximius’
employees and look forward to help our customers innovate at scale and
deliver next generation connected products, faster,” said Senior Vice
President, Industrial & Engineering Services, Wipro Limited.
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Wipro to acquire Encore Theme Technologies Private Limited, a specialist Finastra software partner
in financial services
Wipro Limited, a leading global information technology, consulting and business
process services company, announced that it has signed a definitive agreement to
acquire Encore Theme Technologies Private Limited (Encore Theme), a specialist in
providing SaaS and Cloud solutions in financial services. Over the past decade,
Encore Theme - headquartered in Chennai, India - has focused exclusively on
implementing a broad suite of Trade Finance solutions, developed by Finastra, one of
the world’s largest fintechs, to financial institutions across the Middle East, Africa,
India and Asia Pacific. They have successfully delivered more than 75 large scale
Finastra Trade Finance projects for banks across these regions. Financial institutions
are all looking to modernize their trade platforms and focus on the end-to-end
digitalization of commercial routines. Trade Finance is a strong revenue generation
stream with a high cost base structure, where technology will play a big part in
driving future growth. Wipro, a global strategic partner of Finastra, and Encore
Theme will together enable this modernization for financial institutions.
Senior Vice President and Global Head, Banking, Financial Services &
Insurance, Wipro Limited said, “We are excited to have the team at Encore
Theme join us. They bring a wealth of trade finance product expertise coupled
with significant delivery experience of Finastra solutions for both Trade Finance
and Cash Management implementations. Together with Wipro’s reach across the
region and proven system integration capabilities, this will help strengthen our
position as a dominant player across the globe implementing Finastra solutions.”
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Zensar reports strong margins, Revenue grew by 0.6% QoQ
• In Q2FY21, the Company reported revenue of $131.6 Mn, an increase of 0.6%
QoQ in USD terms
• In Q2FY21, the PAT, excluding the one-time charge on TPM business held for
sale, is at $12 Mn in USD terms and it was 9.1% of revenue
• EBITDA increased from 14.4% in Q1FY21 to 18.8 % in Q2FY21. In absolute
USD terms, this is an increase of 31.1% QoQ and 16.2% YoY
• Gross Margin is at 34.1% in Q2FY21, as against 28.8% in Q1FY21. In absolute
USD terms this amounted to QoQ and YoY increase by 19.2% and 1.2%
respectively
• Significant improvement in cash position with net cash in Q2 (net of debt) at
USD 117 Mn as compared to USD 101Mn in Q1
• Digital accounted for 61% of the overall revenues in Q2FY21
• The financial services business has grown, with insurance and banking segment
growing at 4.6% and 11.5% QoQ respectively
• Consumer Services has shown recovery in Q2FY21 with 12.8% QoQ increase
Chief Executive Officer and Managing Director, Zensar Technologies, said, “
We have seen all our key metrics performing steadily in Q2FY21, as our
adjusted PAT for the operating business at 9.1% was an increase of 24.0%
QoQ in USD terms, our revenue has grown 0.6% on QoQ basis. Our people’s
well-being continues to be our key priority as we enable them to perform
seamlessly through secure remote working. Our Digital Foundation Services
continues to perform consistently posting a YoY growth of 11.4%; we have
seen stability in Consumer Services business as it grew 12.8% sequentially
and with addition of new logos in our Financial services business which has
increased by 6.7% QoQ. We won USD 175 M of total TCV wins including
renewals in Q2.”
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Atos introduces BullSequana Agility, a new hyperconverged solution to leverage the power
of multi-cloud
32
Solution Description
Atos, a global leader in digital transformation, unveils BullSequana Agility, a hyperconverged solution powered by VMware that brings Cloud-like flexibility to
on-premises datacenters, providing a fast and reliable path to the Hybrid Cloud. Migrating mission-critical applications to multi-cloud environments creates challenges
ranging from spiralling costs to managing complexity and unpredictability or lack of skilled staff. BullSequana Agility easily consolidates computing, storage and
virtualization into one single platform which is managed through a single management interface. It operates as an elastic pool of resources offering multiple benefits:
• Easy to manage, deploy and scale, compared to traditional SAN-based infrastructures. Each node supports many fully protected VMs, with all the nodes managed as a
single entity from a unique management interface, vCenter®, removing the need to log on to multiple interfaces.
• Ready for Hybrid Cloud: combined with additional Cloud management, automation and orchestration software, BullSequana Agility can simplify the path to Hybrid
Cloud by delivering a common platform to private and public Clouds.
• Predictable performance with high performance storage and reduced latencies.
• Optimized costs with lower CAPEX, no over-provisioning, lower operational expenses and the ability to have a pay-as-you-grow approach.
With the support of GPUs, BullSequana Agility also enables graphic-intensive VDI environments. Businesses work from anywhere thanks to the quick and easy
deployment of an efficient virtual desktop environment, and its ability to scale transparently according to their needs.

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Atos inaugurates BullSequana XH2000 at CSC – the fastest supercomputer in the Nordics
33
Atos, a global leader in digital transformation, announces the inauguration of its BullSequana XH2000 supercomputer, named Mahti, at CSC – the Finnish IT
Center for Science Ltd. The virtual ceremony is opened by Director of the Finnish Ministry of Education and Culture, Erja Heikkinen, and includes presentations
from six pilot users who have ran large scale simulations on the supercomputer since its installation in August. Over the last few months, Mahti has been used by
selected researchers and has enabled them to make major advances on their research projects, which include: modelling the effect of climate change on Antarctic
ice sheets and sea level, using AI to simulate of carbon nanotube growth and reconstruction of the Carrington geomagnetic space storm effect. Mahti is available
to all researchers in Finnish universities and research institutes to support use cases such as supporting drug design and development, extensive molecular
dynamics simulations, or to model space weather and climate change as well as speed up the fight against COVID-19. As a trusted partner in high-performance
computing, Atos has designed the BullSequana range of HPC servers to provide maximum flexibility in terms of interconnect, processor type, power, and cooling,
and cover the widest possible spectrum of applications. Given that, the BullSequana XH2000 enables customers to benefit from the new capacities of hybrid
workloads by incorporating cutting-edge networking standards, processing components and energy efficiency innovations.

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BAE Systems launches GXP Fusion™ application to increase situational awareness
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BAE Systems announces the launch of its new GXP Fusion software, which leverages multiple intelligence sources to develop a single picture, simplifying
complex data challenges for the modern analyst. Developed by the company’s Geospatial eXploitation Products (GXP) group and delivered with the existing
GXP Xplorer® Platform, this new geospatial intelligence (GEOINT) application fuses data sources and displays data connections in a customizable
dashboard. GXP Xplorer is an application that makes it easy to locate, retrieve, and share geospatial data. BAE Systems’ GXP Fusion leverages Artificial
Intelligence and Machine Learning technology to allow analysts to make smarter decisions through tailored workflows. Combining a wide variety of data
types, including imagery, documents, signals, maps, and video, it creates a multi-perspective view in a single picture, allowing delivery of insightful
intelligence and enhanced situational awareness to key decision makers. Supporting development of the most advanced geospatial intelligence, BAE
Systems’ GXP software enables rapid discovery, exploitation, and dissemination of mission-critical geospatial data. From key military, security, and incident
response operations, to a variety of commercial development and research initiatives, GXP provides a comprehensive suite of solutions to inform effective
decision-making and ensure a safer world.

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BAE Systems rolls out new platform cyber protection capability
35
BAE Systems has unveiled a next-generation cyber-threat detection and mitigation solution for U.S. military platforms. The Fox Shield™ suite is designed
to help platforms detect, respond, and recover from cyber attacks in real time. The system’s cyber resilience capabilities can be integrated into ground, air,
and space vehicles to protect our warfighters and platforms from cyber attacks designed to access and degrade mission capabilities. The Fox Shield solution
is the result of a multi-year effort from BAE Systems’ FAST Labs™ research and development team. It was developed with ongoing internal investment and
builds upon baseline technology that has proven effective on other platforms as previously announced. The mature detection capability – technical readiness
level eight – enables real-time detection of cyber attacks, enabling the platform and users to respond and recover from their effects and ensuring mission
continuity. The detection capability can be implemented on existing platform computer systems or as a stand-alone solution that provides protection while
limiting impacts to size, weight, and power constraints. The Fox Shield cyber resilience suite builds on BAE Systems’ cyber technology portfolio. As part of
this program, the company continues to invest in effective response and recovery techniques and has demonstrated proof-of-concept capabilities. Work for
the program will take place at the company’s facilities in New Hampshire and Virginia.

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BAE Systems unveils high-definition uncooled thermal sensor
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BAE Systems has unveiled its full high-definition thermal camera core, Athena 1920, which combines exceptional infrared image clarity with a
wide field of view. The compact, light, and low-power thermal camera core delivers superior imagery and uncompromising performance, and is
ideal for long-range and demanding applications, including security, surveillance, and targeting systems. The Athena 1920 features a 1920 x 1200
vanadium oxide (VOx) uncooled microbolometer pixel array that builds on the company’s industry-leading 12-micron (µm) pixel technology. The
camera’s 60Hz frame rate delivers exceptional clarity and minimizes motion blur in dynamic scenes, providing unparalleled detail of complex
environments. The high-definition sensor offers nearly eight times the field of view of traditional camera cores, and with its small size (51x40x21
mm) and light weight (70 grams), is suited for high-performance applications where size, weight, power, and cost are important factors. The
Athena 1920 camera core is manufactured at the company’s state-of-the-art sensor facility in Lexington, Massachusetts, which enables
high-quality camera core production at scale.

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Booz Allen Launches Snapattack™
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Booz Allen Hamilton announced the availability of SnapAttackTM—a cloud-based software solution that brings together actionable threat intelligence and hacker detection. By unifying the security
lifecycle into a single solution, SnapAttack enables red and blue teams to work together, emulating attacks from intelligence data, sharing insights of malicious behavior, and developing
vendor-agnostic behavioral detection analytics to stop advanced adversaries. Today’s red and blue teams use multiple, siloed products for key functions like threat intelligence, incident detection and
response, breach and attack simulation, and continuous monitoring, causing them to struggle to keep up with the latest threats and attack methods. Compounding the issue, cybersecurity analysts
experience alert fatigue from the high volume of alerts they receive, many of which are false positives. In fact, 93 percent of organizations reportedly receive more than 5,000 alerts per day, but on
average, security teams only investigate 51 percent of these alerts.
With SnapAttack, security teams can:
• Centralize Offensive Tradecraft: Capture and organize the latest adversary tradecraft—from their own internal threat data or Booz Allen’s ever-growing attack database—in an easily digestible and
actionable way. This helps security teams gain confidence in their organization's ability to prepare for, prevent, and detect emerging threats. There are more than 1,000 attacks catalogued in the
SnapAttack database—and counting.
• Improve Detection with Existing Tools: Use Booz Allen’s advanced analytic builder to create, test, and deploy high-quality behavioral analytics for their existing security tools. Reduce the time and
skill level needed to create new detection logic that has higher confidence and lower false positives, and is more robust to attack variants.
• Measure and Reduce Risk: Validate their security controls—such as antivirus, endpoint detection and response, and custom security information and event management (SIEM) alerts—against true
positive attacks, mapped to the industry standard MITRE ATT&CK® framework. Track detection coverage and gaps, and gain quantifiable evidence of a program’s effectiveness.

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First standard to measure the biodegradability of polyolefins published by BSI
38
BSI, in its role as the UK National Standards Body, publishes the first standard for measuring the biodegradability of polyolefins: the most littered form
of plastic packaging¹. The new standard, called PAS 9017 Plastics – Biodegradation of polyolefins in an open-air terrestrial environment– Specification,
specifies requirements of polyolefinic materials enhanced with technology that imparts biodegradability in an open-air terrestrial environment. It also
specifies the chemical analysis and the numerical limits required to meet compliance with the PAS at the end of each stage of testing. For the first time
plastic manufacturers have the means to obtain data on the performance of the biodegradability process of polyolefinic material and deliver testing
laboratories with a standardized protocol to evaluate polyolefinic materials for conformance to the PAS. The standardized protocols for testing at each
stage will include:
• weathering exposure of test polyolefinic materials for a defined period of time, including chemical analysis to yield quantifiable measurement of
chemical transformation into a wax;
• eco-toxicity testing upon the wax to ensure no hazardous substances are present; and
• biodegradation testing under mesophilic (real world) soil conditions.

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CACI’s Aerial Sensor Technology Provides Real-Time Heat Mapping Data and Reduces
Risk to Firefighters
39
CACI International Inc announced that its aerial sensor technology is being deployed to help responders battle wildfires across the American West.
CACI is providing electro-optical/infrared (EO/IR) sensors, which deliver data that can be analyzed faster and enable real-time aerial heat-mapping
technology, to support firefighting operations. This mission technology also helps protect the lives of firefighters, allowing them to focus on flying
through dangerous conditions while the EO/IR technology records data. CACI’s CM142 multi-spectral gyro-stabilized imaging systems are mounted
on vertical take-off and landing (VTOL) unmanned aircraft systems (UAS) to provide real-time aerial mapping and surveillance for frontline
firefighting teams. Those mapping and surveillance missions are managed by Bridger Aerospace. CACI’s long-wave infrared (LWIR) core incorporated
into the compact CM142 systems, enable firefighters to monitor wildfires at night, a key capability that helps identify when fires break containment,
guides aerial tanker drops, and triggers needed evacuations. CACI’s approximately 23,000 talented employees are vigilant in providing the unique
expertise and distinctive technology that address our customers’ greatest enterprise and mission challenges.

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Infosys Announces Automated Data Science Platform to Support Public Health Agencies
40
Infosys Public Services, a US-based subsidiary of Infosys a global leader in next-generation digital services and consulting, unveiled the Infosys Health Insights
Platform (IHIP) – an automated data science platform for public health agencies developed in collaboration with Amazon Web Services (AWS), Couchbase, and
Knowi. The new platform is part of the Infosys Cobalt’s growing portfolio of 14,000 cloud assets. Built on AWS, this new platform will help agencies scale their
analytics capabilities and turn massive amounts of data into valuable insights and actionable recommendations. IHIP enables public health agencies to aggregate,
manage and analyze data in disparate formats and from multiple sources using advanced data science and artificial intelligence (AI). This includes unstructured
data like sensor data, caseworker notes, and social media posts, most of which are not readily usable by existing platforms. IHIP provides a single platform that
enables agencies to harness data to generate predictive insights and actionable intelligence. The insights will lead to more robust decision- and policy-making,
particularly when managing outbreaks like COVID-19, addressing the drug [and opioid] abuse crises, studying the impact of social determinants of health, and
getting a clear view of the overall health (clinical, behavioral and mental) of populations. IHIP will also spur collaboration, allowing multiple groups of public
health workers – including analysts, data scientists, researchers, epidemiologists, caseworkers, and policymakers – to work together to deliver proactive and
specific interventions to the constituents they serve. In the context of the COVID-19 pandemic, the platform can help stakeholders explore various public health
concerns, including identifying high-risk individuals, forecasting hotspots of infection spread, and recommending insights on implementing or easing restrictions
to manage the crisis better.

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LTI Launches Canvas PolarSled Enabling Rapid Migration to Snowflake
41
Larsen & Toubro Infotech a global technology consulting and digital solutions company launched Canvas PolarSled, an automated cloud migration
and modernization framework to help enterprises accelerate their data journey to Snowflake, the cloud data platform. LTI Canvas PolarSled
enables enterprises with rapid migration of their cloud data to Snowflake’s single, integrated platform in an efficient and low-risk way. With its
innovative architecture, unique consumption model and near-unlimited scalability, Snowflake adoption can help enterprises emerge as fully
equipped digital organizations. LTI Canvas PolarSled is a unique framework that provides a complete playbook on automation strategy and
governance to ensure swift migration to Snowflake. LTI Canvas PolarSled approaches migration to Snowflake in three layers, each with a specific
set of tools, governance and outcomes:
• A consulting led and contextualized migration strategy and design
• End-to-end migration across entire analytics value chain by leveraging LTI tools & accelerators
• Optimizing Snowflake data platform post-migration

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Unisys Launches Flagship ClearPath Forward® Software Environment into the Public Cloud
42
Unisys Corporation announced ClearPath® MCP Software Series for Microsoft Azure − the first availability of its flagship software environment
in the public cloud. This offering can leverage complementary Unisys CloudForte® hybrid and multi-cloud services and the Unisys Stealth®
cybersecurity solution in transitioning to Microsoft Azure. With this initiative, Unisys has not only taken the latest step in platform independence
for this powerful, secure enterprise-computing environment, but also enabled new ways for clients to transition their IT infrastructure to the cloud
while preserving their longstanding software investments and avoiding additional capital expense for server platforms. ClearPath MCP clients can
now deploy business-critical applications in the public cloud without altering existing business models, re-engineering, refactoring,
re-architecting, changing code, recompiling or changing workloads and related databases. They can then use other familiar Unisys technology,
such as Data Exchange data integration software and – with availability planned for 2021 – ClearPath Forward ePortal microservices development
software to extend the power of those native applications in Azure. Unisys clients such as longtime MCP user Job Service of North Dakota (JSND),
the state's unemployment insurance agency, are committing to ClearPath MCP Software Series for Azure because of the economic, operational and
customer-service benefits it provides.

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IDC MarketScape Names Accenture a Leader in Managed Security Services
43
Accenture has been positioned as a Leader in the latest IDC MarketScape analysis of managed security services (MSS) providers. The report — “IDC
MarketScape: Worldwide Managed Security Services 2020 Vendor Assessment” (Doc #US46235320, September 2020) — offers an assessment of 17 service
providers of MSS, analyzing quantitative and qualitative characteristics that define current market demands and expected buyer needs. The IDC MarketScape
provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors or industry-specific
vendors can be meaningfully compared. Among Accenture’s notable strengths the report cites are:
• the company’s ability to complement the MSS with a breadth of services such as incident response, threat hunting, forensics, strategy and planning, data security,
IoT/OT security, cloud security, governance, and risk;
• its advanced services such as threat intelligence, malware analysis, and technical forensic platform capabilities;
• its ability to provide a clear understanding of the client’s business operations across the entire value chain and its detailed understanding of the infrastructure —
internally and how the organization interacts with external entities;
• its focus on working closely across the business to manage security risks within MSS, and its ability to understand its clients’ business, regulatory and technical
issues; and
• its innovate technology, including advanced analytics to improve automation techniques within its platform.
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Accenture’s Life Insurance Platform Recognized in New Report from Gartner
44
Accenture announced that Gartner, Inc. has given the Accenture Life Insurance & Annuity Platform (ALIP) the highest score in its
Individual/New Business Onboarding/Straight-through Processing Use Case in a new report, titled “Critical Capabilities for Life
Insurance Policy Administration Systems, North America.” ALIP also received high scores in the Digital User Support Use Case. The
report states, “Straight-through processing is a foundational digital business capability for a policy administration system (PAS).” The
report also notes that as the industry moves forward, “CIOs must reevaluate their PASs for fitness for an expected acceleration in digital
sales and services in a virtual work-from-home world.” Used by leading insurers worldwide, ALIP is a robust, configurable and scalable
solution that provides life insurance carriers and annuity providers with advanced capabilities for product development, new-business
development, underwriting, policy administration, claims and payout. It is available as an on-premise solution and over the cloud as an
integrated suite of software with modules that can be implemented individually or as part of a broader migration strategy.
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Accenture Positioned as the Overall Leader and Market Maker in Two capioIT Reports on
Salesforce Systems Integration
45
Accenture has been strongly positioned as the overall leader and “market maker” in two new reports from capioIT, “Salesforce.com Global Systems
Integration and Services Providers Capture Share Report – 2020” and “Salesforce.com Asia Pacific Systems Integration Capture Share Report – 2020.” The
reports analyze the changing dynamics of the Salesforce services landscape and assess service providers’ consulting, implementation, and maintenance and
support services for all Salesforce solutions. capioIT notes that Accenture remains the number one provider in both the global and Asia Pacific Salesforce
Services markets, stating, “Accenture has clearly maintained leadership on basis of scale and reach as well as functionality.” The reports cite Accenture’s
organic and inorganic growth, as well as the company’s acceleration due to scale, ongoing investment and increasing integration into the broader cloud
services portfolio of Accenture. The company’s strong relationships with Salesforce and the broader ecosystem with investments in integration service
vendors are also highlighted. In the Asia Pacific region specifically, Accenture is lauded for its scale, breadth of relationships and coverage that has resulted
in its leadership in the market.
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Accenture Life Insurance & Annuity Platform Wins Two XCelent Industry Awards
46
Accenture has received two XCelent awards for its life insurance and annuity platform from research and advisory firm Celent. The awards,
acknowledged in the Celent report titled, “New Business and Underwriting Systems: North America Life Insurance Edition,” recognize the Accenture
Life Insurance & Annuity Platform (ALIP) as the highest-rated solution from among 14 new business and underwriting systems in both the “Advanced
Technology” and “Breadth of Functionality” categories. ALIP is a robust, configurable and scalable digital insurance platform that offers life insurance
carriers and annuity providers advanced capabilities for product development, new-business development, underwriting, policy administration, claims
and payout, underpinned by data analytics. It is available as an on-premise solution and over the cloud as an integrated suite of software with modules
that can be implemented individually or as part of a broader migration strategy.
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Accenture Named a Leader in Gartner’s 2020 Magic Quadrant for Data Center Outsourcing
and Hybrid Managed Infrastructure Services, North America
47
Accenture has been named as a Leader in Gartner’s 2020 Magic Quadrant for Data Center Outsourcing and Hybrid Managed Infrastructure
Services, North America. For the report, Gartner evaluated 20 leading service providers’ ability to deliver data center managed services in North
America relating to data center outsourcing, hybrid infrastructure managed services, private cloud/mainframe/ERP hosting managed services, etc.
Gartner assessed each organization’s ability to execute and completeness of vision to place them into four groups: Leaders, Challengers,
Visionaries and Niche Players. For clients outside North America, Accenture provides a copy of Gartner’s June 2020 Magic Quadrant for Data
Center Outsourcing and Hybrid Managed Infrastructure Services, Asia Pacific and Europe.
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Atos awarded “Platinum” by EcoVadis for its outstanding CSR performance
48
Atos, a global leader in digital transformation, has been awarded the Platinum medal by EcoVadis for its performance in Corporate Social
Responsibility (CSR), with a score of 82/100. With a 2-point improvement compared to last year, Atos confirms its rank in the top 1% of
companies assessed by EcoVadis in its industry in all four categories: environment, labor & human rights, sustainable procurement and ethics.
After 8 years of being awarded the EcoVadis Gold medal, Atos now receives in 2020 the highest distinction for the first time. This year, Atos was
recognized in particular for its efforts in the environment area with a score of 90/100, reflecting the group’s ambitious decarbonization goals and
commitment to pursue aggressive science-based carbon emission reduction targets and achieve Net-Zero Carbon emissions until 2035. Atos is a
global leader in digital transformation with 110,000 employees in 73 countries and annual revenue of € 12 billion. European number one in Cloud,
Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications
and Digital Workplace solutions. The Group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and operates
under the brands Atos, Atos|Syntel, and Unify. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index.
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Atos ranked by Gartner n°1 in EMEA and n°3 worldwide in Managed Services and Cloud Infrastructure
in Healthcare by Revenue for the second year in a row
49
Atos, a global leader in digital transformation, announces that it has been ranked 3rd global player, for the second year, and 1st EMEA player, for the third
consecutive year, in Managed Services (MS) and Cloud Infrastructure Services in the Healthcare sector in terms of 2019 revenues, according to the latest Gartner
report. With a proven global leadership in data engineering and digital services delivery, Atos is the trusted partner for healthcare organizations, empowering them
on their transformation journey. Atos’ expertise is supported by 5,500+ cloud experts, 30,000 application experts, and 3,200+ Cloud technical certifications in
AWS, Google Cloud and Microsoft Azure. Atos is a global leader in digital transformation with 110,000 employees in 73 countries and annual revenue of € 12
billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data,
Business Applications and Digital Workplace solutions. The Group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and
operates under the brands Atos, Atos|Syntel, and Unify. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index. The purpose of Atos is to help
design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach
and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of
societies at large to live, work and develop sustainably, in a safe and secure information space.
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Cognizant Ranks #19 on Forbes' "World's Best Employers" List
50
Cognizant has been ranked #19 on Forbes' 2020 list of "World's Best Employers." This prestigious award is presented by Forbes and Statista
Inc., the world-leading statistics portal and industry-ranking provider. The awards list was announced on October 15, 2020 and can be viewed
on the Forbes website. Forbes and Statista selected the World's Best Employers 2020 based on independent surveys of more than 150,000
employees in more than 50 countries around the world. Participants were asked to rate employers according to various topics such as image,
trust, gender equality, corporate social responsibility, culture, benefits, economic footprint, and talent development. They were also asked to
rate their satisfaction with their employers' Covid-19 responses.
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MedAssist awarded 2020 Top Patient Engagement Solutions Provider by Healthcare Tech Outlook
51
MedAssist, a Firstsource Company, has been named a ‘2020 Top Patient Engagement Solutions Provider’ by Healthcare Tech Outlook. MedAssist’s commitment
to improving client revenue and driving greater patient loyalty lead to this recognition. Leading with best practice patient relationship expertise and industry
leading digital engagement capabilities, MedAssist streamlines the patient financial process, simplifies the healthcare patient financial experience, and vastly
improves financial performance results for customers. With a heritage that dates back to 1989 and headquartered in Louisville, KY, MedAssist, a Firstsource
company is a leading full-service revenue cycle solution provider. MedAssist’s solutions are designed to help hospitals and health systems maximize
reimbursement, increase cash flow and reduce bad debt. Insured or not, everything that goes into the non-clinical part of the patient experience is a complicated
maze of financial traps and hoops… for both patients and hospitals. Hospital leaders can now simplify the financial experience for both patients and the people of
their organization. Hospitals achieve a stronger financial foundation, while patients experience clarity and a path to peace of mind about how to pay for their care.
As an expert in utilizing best practices to provide revenue cycle solutions, MedAssist has built strong relationships with a client base that includes more than 700
healthcare clients throughout the United States. MedAssist’s strong national presence consists of 7 regional offices located in Florida, Illinois, Indiana, Kentucky,
North Carolina, Ohio, as well as onsite employees within 315 hospitals that stretch across the U.S. Our singular healthcare focus has led to an impeccable client
satisfaction record with average relationship tenure of more than 13 years for our top 150 healthcare clients.
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Genpact Named a Leader in Sustainability in the Frost & Sullivan and TERI Sustainability 4.0
Awards For 2020
52
Genpact, a global professional services firm focused on delivering digital transformation for clients, has been recognized by Frost & Sullivan and The Energy and
Resources Institute (TERI) as a 'Leader in Sustainability' under the Mega Large Business Category for this year's Sustainability 4.0 Awards. The award honors the
efforts of companies who actively integrate sustainability principles into their business. Twenty-one awards were presented to companies in five major categories.
This is Genpact's third consecutive win in this category, and reaffirms Genpact's commitment to its sustainability vision, as the company focuses on long-term
business viability and embedding sustainability into its strategy and daily operations around the world. These awards recognize excellence in sustainable
development practices among organizations that provide a measurable and verifiable framework for sustainability. Genpact has received this recognition for
significantly reducing its environmental footprint through key initiatives such as investment in sustainable sourcing practices, climate change initiatives, enterprise
risk management, and corporate social responsibility initiatives including Genpact's "Feed a Million" project - a volunteer program providing meals to
underprivileged communities globally, with a goal of feeding 20 million people in 2020.
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Globant Launches Global Award to Recognize Leading Women in Tech, with a prestigious
Panel of Judges
53
Globant, a digitally native company that offers innovative technology solutions, announced the launch of the Globant Awards: Women That Build Edition, a global
award that recognizes leading women in technology. The award’s panel of judges is comprised of major international figures committed to advancing diversity
and inclusion initiatives , including The Edge, U2 band member and Chairman of Endeavor Ireland; Shari Loessberg, Senior Lecturer in Technological Innovation
at MIT Sloan School of Management; Linda Rottenberg, co-founder and CEO of Endeavor Global; and Beatriz Argimón, Vice President of Uruguay. The award
aims to spotlight leading women in the IT sector who make a positive impact on innovation and inclusive policies at their organizations. The selection process for
the Globant Awards: Women That Build Edition will first be held at each geographical area’s level, followed by a global final. Each of the following categories
will be awarded:
• Technology Executive: A woman with a STEM degree or similar professional background with a leadership position (a C-level executive, VP, Director, or
managerial role) who is an inspiration to women and the industry at large.
• Game Changer: We will recognize a leading professional, without formal training in STEM, who holds a leadership position (a C-level executive, VP, Director,
or managerial role) who has made a direct impact in the IT industry.
• Rising Star: A woman under 26-years-old who has high potential for progressing rapidly in her career, demonstrates a history of self-improvement and innovates
through technology.
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